Friday, January 9, 2015

Macleod pessimistic on all countries with fiat currencies

 In this video, Alasdair Macleod, founder and proprietor of is asked by James Turk, director of the GoldMoney Foundation, about the role governments play in crises. According to Alasdair governments got themselves in a cycle of money and credit production where they can't get off from. Central bankers and politicians make the wrong decisions. Statistics like GDP and inflation numbers are being misrepresented.