Kerry Lutz's--Financial Survival Network

Summary:
As the Fed balance sheet approaches $10 trillion, Rob Kirby and wonder how much higher this number will go. We sit down and discuss the US debt situation, which doesn’t look as if it’s going to improve any time soon. With the US Treasury increasing the debt limit and struggling to manage the circumstances, we are essentially living on borrowed money and time. Tune in for more insight.

Highlights:
-The Fed balance sheet is approaching $10 trillion—how much higher can it go? We’ll probably find out in the near future
-The US Treasury also increased the debt limit last week
-The Fed and the treasury may encounter difficulty issuing new debt, and the upcoming debt auctions will probably be messy affairs
-We’re living on borrowed money and time
-The debt problems in the Western world are getting worse as more money gets created
-Standards of living have improved, but at the cost of our future
-Debt jubilees have historically been a fixture within finance, but no one wants to talk about the inevitability of issues that arise with this
-Precious metals have been prevented through signaling trouble
-The price of Bitcoin surpassed Gold back in September of 2020, and still exceeds it today
-Cryptocurrencies now are doing what the metals would have done
-The manipulations we see in markets are a form of wage and price controls

Useful Links:
Financial Survival Network
Kirby Analytics
Dollar Has Stage 4 Cancer – Rob Kirby with Greg Hunter
Jaw-Dropping Move Coming Soon | Rob Kirby

Summary:
When we experience things like inflation, people tend to try and live in the moment—enjoying time away from work and stimulus checks. This cannot last forever, and today I chat with John Rubino to discuss what these inflationary circumstances mean for the future. It seems that the stock market is precariously over-valued, and will probably not thrive in 2022; gold, on the other hand, does well in these circumstances. Digital assets are also becoming increasingly prominent, which causes us to question how we view wealth and assets in general. Tune in for more.

Highlights:
-During the Great Depression, especially in Paris, people started living in the moment rather than merely striving for success
-This attitude is cyclical in human society
-A lot of people don’t want to return to work after having been out of the workforce for so long
-The one part of inflation that may not be transitory is wages—they’ll inevitably go up
-The metaverse is definitely a trend for the coming year
-In these circumstances, gold goes up and stocks go down
-The stock market is precariously over-valued right now
-Stocks probably won’t have a great year in 2022, but gold does well in an inflationary environment
-Assets are going digital. According to Rubino, the people investing in digital assets right now already have their physical needs taken care of. When this becomes compromised, people start re-focusing on the real
-RV sales have also been setting records every month all 2021
-Booming RV sales used to be a crash signal
-Wage and price controls are also showing through with commodities

Useful Links:
Financial Survival Network
Dollar Collapse
Real Inflation Closer to 12% with John Rubino
The Feds Doubling Up, Newly Created Currency, Extremely Negative Interest Rates with John Rubino