David Morgan: Fed Rate Hikes & Fractional Reserve Banking Guarantee Many More Bank Bailouts Needed?

Wall St. For Main St., Released on 3/13/23

During this 40+ minute interview, Jason asks David about the Austrian School of Economics boom and bust cycle caused by central banks like the Fed. Are the Fed rate hikes finally the pin that causes the boom to go bust? David talks about the bank bailouts for Silicon Valley Bank and Signature Bank. The root cause is fractional reserve banking. The rest of the interview Jason asks David about precious metals market manipulation and the effect of higher interest rates on mining companies and juniors. David thinks that the larger and medium sized royalty companies will make a lot of money going forward.

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David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.

banking crisis, financial crisis, gold, precious metals, silver

David Morgan: Fed Rate Hikes & Fractional Reserve Banking Guarantee Many More Bank Bailouts Needed? added by Herman James on 03/13/2023View all posts by Herman James ?+'