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We're Near Endgame: Ponzi To Blow Up Or Collapse | Phil Low
Phil Low, with biting clarity, describes central banks as clueless Ponzi managers, blindly swinging between money printing and interest rate hikes while pretending they’re in control. Low warns that during a crisis, precious metals may temporarily drop in price—just when people expect them to rise—leading some to panic and abandon their “lifeboats” too soon. His message is clear: prepare now, not later, because once the ship starts sinking, it’s too late to hope the lifeboat still has room.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 What is money?
24:30 Monetary vs non-monetary gold
37:39 Endgame is nearing
46:50 The Bitter Draught
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