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Silver To Be Remonetized - Here's How | Phil Low
Phil Low of The Bitter Draught explains the growing stress inside the banking system through the discount window and the standing repo facility and why these tools only surface during periods of crisis. He breaks down how fiat debt, bank insolvency, and central bank liquidity support distort markets and signal deeper systemic instability. The discussion then turns to how exploding debt fuels mass migration, political dishonesty, and social breakdown across the Western world. Phil also outlines why silver is the people’s money and explores multiple ways governments may attempt to obtain silver in a post crash monetary reset. Throughout the conversation, he emphasizes preparedness, community resilience, and the eventual return to sound money as the foundation for rebuilding prosperity and freedom.
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INTERVIEW TIMELINE:
0:00 Intro
1:38 Discount window
17:28 Immigration & debt system
33:00 Silver monetary system
51:00 The Bitter Draught
52:00 Weekly specials
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