Bob Moriarty on US debt collapse

    by Gigliola: Bob Moriarty

    Bob Moriarty, a former Marine fighter pilot and founder of 321gold, points out that Rome collapsed because they debased their currency and the United States has done the same thing. That forty trillion dollars in debt is not getting paid, he states, so it will either be inflated away or defaulted upon entirely. His prediction involves a new currency system emerging based on gold and silver instead. #BobMoriarty

    Transcript (en)

    There's a good book out called 2029, The End of America. And the author makes a very valid point in the book that Rome collapsed because they debased their currency. And that's absolutely what happened. They destroyed their currency and all of a sudden people weren't getting paid. The economy went downhill. The United States has destroyed its currency. There is nobody on earth stupid enough, except one of Donald Trump's sons, I think is, to believe the United States is going to pay that $40 trillion debt. That debt's not going to get paid. That debt is either going to get inflated away or it's going to get defaulted away. We're going to have a new currency system, and I think it'll be gold, silver based. If you enjoyed this, be sure to hit that like button and follow to stay up to date with what's going on in the world and everything else memes and markets. Peace.