Endgame For Fiat Currencies Nears As Debt & Inflation Become Unsustainable | John Rubino

As governments increase their debt, servicing that debt becomes a bigger and bigger problem.

That’s especially true if the pile of debt is growing much faster than the underlying economy, which has been the case for decades.

This forces central banks to print more new currency in order to enable their governments to handle the debt service payments.

But once inflation starts becoming an intractable problem & interest rates can no longer be suppressed, the system breaks

. History is clear on this.

So, are we close to such a seminal breaking point?

Dangerously close, concludes monetary historian and macro analyst John Rubino, co-author of the book The Money Bubble along with James Turk. We’re going to dig into the reason why, as well as what steps regular investors can consider taking today before that breaking point is reached to protect their wealth.

Havoc As Strong Dollar At 20-Year High While Inflation Hits 9.1% | Lance Roberts & Adam Taggart

The US dollar index hit a 20-year high of 109 this week.

This is creating increasing pain for other countries, especially those with Eurodollar loans, as servicing those is becoming more expensive — at the same time that import costs are rising.

Multinational companies are also feeling the squeeze, as their overseas revenue declines due to weakening demand and increasingly unfavorable exchange rates.

Somewhat ironically, this is happening at the same time when US inflation, as measured by the Consumer Price Index, is spiking to a 41-year high of 9.1%

.

Financial advisor Lance Roberts doesn’t see much reason for the dollar strength to abate anytime soon.

So what will be the most likely repercussions from this?

For everything that mattered to markets this week, watch this week’s Market Recap featuring Lance Roberts.

Own These Assets To Survive The Bear Market | Jeff Snider

Hot inflation is crashing corporate profits, as consumer spending falls and the Fed’s rate hikes make the cost of capital more expensive. As a result, stocks remain under pressure and bond default risks grow.

Meanwhile, the economy is fast contracting into a recession. Likely a painful & prolonged one, warns Jeff Snider here in Part 2 of our interview with him.

In this video, Jeff kindly shares the assets he thinks will defend wealth the best over the coming months

of this bear market.