Progressive Commentary Hour

The Progressive Commentary Hour - 02.21.23

02.22.2023 - By Progressive Radio NetworkPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Massive U.S. dollar dump? BRICS to launch new currency causing tsunami of inflation - Andy Schectman

Andy Schectman, President and Owner of Miles Franklin, discusses his thesis that the world is poised for a monetary reset which would result in the BRICS having their own reserve currency, likely backed by gold, and how this goes hand-in-hand with de-dollarization trends that are currently unfolding. He tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, how a 'tsunami of inflation' would ensue as dollars are repatriated to the United States, which would cause a corresponding 'crash' in asset prices as interest rates rise accordingly.

More episodes from Progressive Commentary Hour