Alasdair Macleod: Bitcoin Will Die Along with Fiat Currencies – Investment Watch
39:27 – Using Fiat and Inflation 44:32 – Wrap Up Tom welcomes a new guest to the show, Alasdair Macleod. Alasdair is the Head of Research for Goldmoney and an advocate for sound money. Alasdair explains how the Treasury plans to spend the 1.6 trillion in the general fund over the coming months and its effects. The Fed is forcing the large banks to implement negative interest rates on deposits. He outlines backwardation and the implications for overnight loans with negative interest rates. Alasdair doesn’t see much chance of a sudden economic recovery, and the markets are beginning...
Source: investmentwatchblog.com