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This interview was filmed on October 13, 2022.
Larry Lepard, investment manager and managing partner at EMA, sees an “economic debt doom loop” unfolding in the US, and he believes that sound money is the solution to this pressing issue.
He explained that what’s happening is simple math — if debt grows more quickly than GDP, eventually GDP won’t be able to support the debt. The result? Either the debt collapses or there’s inflation. “It’s what I call the economic debt doom loop,” Lepard said.
#Investing #Gold #Bitcoin
0:00 – Intro
0:29 – Larry’s background and work at EMA
1:39 – What is the economic debt doom loop?
6:27 – We need a reset to solve today’s problems
9:14 – What would a major reset look like?
12:58 – Unsound money’s winners and losers
16:42 – EMA’s focus: gold, silver and Bitcoin
20:02 – Bitcoin to US$200,000, then a million
23:57 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.