Rick Rule: $100 Trillion Dollars in Liability; Why This is Far Worse Than Post Vietnam Dollar Crisis
Jul 19, 2024
19:16
forum Ask episode
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
"The U.S. dollar will lose substantial purchasing power in the next 10 years," warns Rick Rule, founder and CEO of Rule Investment Media. During this year's Rule Symposium in Florida, he explained to Daniela Cambone that exploding liabilities, including $100 billion in entitlements such as Medicare, Medicaid, and Social Security, are likely to greatly devalue the U.S. dollar.