Crack-up boom: When money system breaks, civil unrest follows – Florian Grummes on Bitcoin, gold


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It’s only a matter of time before double-digit inflation hits the U.S. said Florian Grummes, managing director of Midas Touch Consulting.

Grummes discusses with David Lin, anchor for Kitco News, the impact on gold and Bitcoin of rising inflation.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Florian Grummes: Twitter: @FlorianGrummes (https://twitter.com/FlorianGrummes)

0:00 – Crack-up boom
5:26 – Double-digit inflation
7:10 – Safety assets in case of a bank run
9:27 – Bitcoin
14:27 – Inflation hedging
15:15 – Gold

#Gold #Bitcoin #inflation
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