Paul Buitink talks to James Turk, founder of GoldMoney, about the current economic crisis.
James thinks it will inevitably lead to a collapse of confidence in fiat money and hence hyperinflation.
James also believes companies should just be able to go bankrupt.
He criticizes fiat currencies and calls upon people to return to sound money since corrupt money has corrupted the system.
The existing monetary order is not going to survive. He believes in buying gold and silver to protect your purchasing power. Gold needs to be in the hands of the people, not the central banks he says. He also likes Bitcoin better than fiat.
- Source, Reinvent Money
