It is increasingly clear that the financial system and the economy have and continue to experience drastic changes. We’ve detailed many of those changes that are unfolding in real-time both globally and in the U.S. economy here at Prinsights over the last several months. The truth is that we seem destined for even more dramatic shifts over the near and long term.
That’s why this week, we’re delighted to welcome R. Chris Whalen to share his exclusive insights and details the newly revised second edition of his book, Inflated: Money, Debt and the American Dream out today! I highly recommend grabbing a copy and following along. The book delivers the latest installment of his concise history of the United States' monetary system by putting contemporary financial phenomena like inflation and high housing costs into context. This tome is ideal for anyone interested in the economic and monetary realities driving our markets, politics, and societies.
In our discussion above, you’ll discover:
The real story behind how the U.S. dollar came to be and why it could be considered the “original” crypto currency of its time
One lesser-known tool the Fed could deploy in the face of a financial crisis (and what history shows us)
What new development is next for gold and central banks (starting on July 1)
Chris Whalen is Chairman of Whalen Global Advisors LLC and someone who focuses on the banking, mortgage finance and fintech sectors. Chris is also the editor of The Institutional Risk Analyst where he delivers brilliant analysis on banks, markets and finance. It is well worth your consideration!
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