In this eye-opening video, Mike Maloney delves into the latest announcement by President Biden to forgive an additional $5 billion in student loan debt. Mike highlights the economic perplexities surrounding this decision and questions the implications of creating “free currency.” Join the conversation as we explore the potential impact on taxpayers and the humorous yet thought-provoking perspective on this ‘totally insane’ wealth transfer. Don’t miss the conclusion featuring a poignant quote from Thomas Sowell.
Mike Maloney is more than just a legend in the precious metals industry. He’s on a mission to help everyone maximize their individual prosperity. Mike is best known as the host of the hit video series Hidden Secrets of Money and his extremely popular YouTube channel which has over 100 million views, where he reveals the truth about money, currency, and the flaws in our monetary system. Mike’s also a best-selling author of Guide to Investing in Gold and Silver, and The Great Gold and Silver Rush of the 21st Century. For nearly two decades, Maloney has traveled the globe, sharing his deep insights into economics and monetary history with diverse audiences, from Silicon Valley tech gurus to Wall Street financiers, and from Hong Kong business leaders to Roman scholars.