Temporary Default = The Whole System Collapse? | Rafi Farber

Rafi Farber joins us to discuss the debt ceiling. He says if a U.S. defaults - even a temporary one - would jeopardize the whole system. The system is so fragile that any of a number of things could take it down, he says. What new monetary system would rise out of the ashes of the current system? Farber discusses how a gold-based system would work and why it's likely the world will return to the yellow metal.

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INTERVIEW TIMELINE:
0:00 Intro
0:15 Rafi Farber
1:00 Debt ceiling
7:11 Red vs Blue
8:30 Banking crisis
10:00 Withdrawal restrictions
17:19 Fed rate hike
23:16 Central banks & gold
25:44 Gold revaluation
31:00 Gold-based system
33:30 CBDCs & Florida
36:00 The End Game Investor
38:21 Miles Franklin
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