“The Fed should be abolished, it’s the engine of inflation,” warns legendary investor Doug Casey in this exclusive conversation with Daniela Cambone. With inflation heating up and jobs collapsing, Casey says political pressure from Trump will push the Fed to cut rates, poisoning the economy’s “lifeblood” and speeding up the dollar’s decline. He calls gold “the inevitable and imminent” replacement for paper money, pointing to BRICS nations turning away from the U.S. dollar and moving toward gold-backed trade. Casey also warns that Iran’s grip on global oil and Trump’s unpredictable foreign policy could spark a major crisis, similar to the Cuban Missile standoff. He wraps up by unveiling The Preparation, his guide to helping young men become “confident, competent, and dangerous” through real-world skills and travel instead of college debt.
Chapters:
00:00 – The Fed’s Next Move
03:00 – Calls to Abolish the Fed
05:00 – Status of the U.S. Dollar
07:20 – “Trump Is Dangerous”
09:36 – Iran’s Influence on the World Economy
13:38 – The Cuban Nuclear Crisis
15:31 – Carney and Trudeau
17:15 – Doug’s New Book
20:21 – Learning Real-Life Skills
Credit to : ITM TRADING, INC.
