Will the Debt Crisis Collapse the Fiat System? with Alasdair Macleod

On todays episode of the WTFinance Podcast I had the pleasure of speaking with Alasdair Macleod, Head of Research at Goldmoney, Educator for sound money and demystifying finance and economics. During the interview we talked about why bank credit is so important, the risk of a potential fiat currency collapse, Bretton Wood 2.0 and the potential societal shift after the currency collapse. I hope you enjoy!0:00 - Introduction0:25 - Why is bank credit so important in our system?8:25 - Lagged economic response to current issues16:00 - Near collapse of UK bond market warning of future?21:00 - Gold is money and the rest is credit28:15 - Bretton Wood 2.0?32:20 - Without Bretton Wood 2.0, what other system will come online in the West?37:05 - Where does growth come from if we don’t increase bank credit?44:20 - Societal shifts after currency collapses46:20 - Could precious metals be confiscated?50:35 - One message to take away from interview?Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.Alasdair Macleod - Website - https://www.goldmoney.com/Blog - https://www.goldmoney.com/research/legal-definitions-of-money-and-creditTwitter - https://twitter.com/MacleodFinanceLinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas