The "What is Money?" Show

The COVID Meta-Fraud with Ed Dowd (WiM277)

14 snips
Feb 23, 2023
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INSIGHT

Debt Cycles Fuel Geopolitical Conflict

  • Debt-based fiat systems create recurring war cycles as governments deflect domestic pain.
  • Leaders may manufacture or exploit external boogeymen to shift blame during debt crises.
INSIGHT

Why The Dollar 'Fails Up'

  • The dollar often 'fails up': it strengthens during global distress despite long-term debasement.
  • Global dollar-denominated debt creates demand for dollars when economies slow, pushing the dollar higher.
ADVICE

Hold Cash And Diversify Assets

  • Keep some cash to buy cheaper assets during panic moments when markets collapse.
  • Diversify into physical gold, Bitcoin, and nontraditional assets rather than only stocks and bonds.
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