03-05-2025, 09:40 AM
THE CURRENT MONETARY SYSTEM IS BASED ON A LIE?
https://vongreyerz.gold/the-current-mone...d-on-a-lie?
In this patient deep dive, Piepenburg gives his blunt insights on the macroeconomic setting, carefully addressing all the core themes affecting our lives and finances, from global debt markets, geopolitical brinksmanship, the bubble danger in risk asset markets, and the growing tide of fiat money debasement to the rise of gold pricing/interest and the ever-evolving but ever-controversial “gold vs. BTC” saga.
For Piepenburg, each of the foregoing themes takes its direction from the ripple-effect consequences of a global marketplace quantifiably over its skis in historically unprecedented (and unconscionable) debt levels. The weight of such debt is now openly and equally unsustainable, as is the many-decade lie from policymakers that such debt figures could/can be sustained by, alas, more debt…
In short, the “jig is up,” and the lie that nations can monetize their debt with mouse-clicked “money” without destroying currencies, inflating asset bubbles (and wealth inequality) to a breaking point or pushing gold to all-time highs is becoming increasingly clear to citizens (and precious metal investors) around the world.
Again, this is a thorough and hence lengthy conversation, but well worth the time for those seeking to put global financial conditions into sober perspective.
Matthew Piepenburg speaks with Alexej Jordanov about the decline of the US dollar, why central banks are stockpiling gold, the lies of the monetary system and how debt could destroy the US empire. Drawing on historical parallels, he explores how empires collapse under debt and overextension and highlights the growing distrust in fiat currencies. Key themes include the BRICS nations’ challenge to dollar dominance, central banks’ record-breaking gold purchases, and the implications of currency debasement on society. Matthew also weighs in on the Bitcoin vs. gold debate, offering a perspective on wealth preservation in turbulent times.
Timestamps: 0:00 Teaser 3:33 From Speculation to Wealth Preservation 8:39 The lies of the monetary system 12:15 How debt destroys empires 25:31 The BRICS Nations vs. the Dollar 33:30 The inflation revival: will central banks hike interest rates? 42:14 War and monetary policy 54:37 Europe's collapsing economy 1:01:00 Why are central banks stockpiling gold? 1:16:00 Gold reserves: West vs East 1:12:00 High stakes: risks of war 1:28:00 Gold vs Bitcoin debate 1:45:00 Final thoughts