Friday, January 9, 2015

Macleod pessimistic on all countries with fiat currencies


 In this video, Alasdair Macleod, founder and proprietor of http://financeandeconomics.org 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.