We start today’s podcast discussing in detail the attempts the US has made to defend the dollar in the last 15 months or so and how they have failed to materialize and in the second segment we examine attempts the US Treasury and Fed are making domestically to defend the dollar but how this has a limited shelf life and that unless the US is able to find foreign buyers prepared to invest enormous sums in USTs there will come a point when the Fed will have to monetise everything and that will result in the end of the FIAT monetary experiment as we know it.

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