Robert talks about the “silent depression” and how the real inflation rate has been way above CPI for many years.
Robert talks about the Cantillon Effect and how the US exported many trillions of Dollars, financializing the US economy and hollowing out the US industrial base.
Jason and Robert discuss why other countries are buying so much gold tonnage the last 3 years and why the current global financial system is more or less a Ponzi scheme with fiat currencies and bailouts.