$29 Trillion Bombshell | Andy Schectman
- Liberty and Finance
When the Fed told us they had spent $5 trillion on bailouts in the GFC, the truth was the Fed was pumping $29 trillion into the world’s financial system, which remained a sealed secret until researched under FOIA release. Andy Schectman, CEO & president of Miles Franklin, says the U.S. may be headed to a new monetary system based on cryptocurrency. Now is the time to get funds into tangible assets outside the system, he says, and into something real like gold and silver. The Levy Economics Institute Working Paper discussed in this interview: $29,000,000,000,000: A Detailed Look at the Fed’s Bailout by Funding Facility and Recipient https://www.levyinstitute.org/pubs/wp…
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0:00 Intro
1:22 Staying prepared
8:30 $29 trillion bombshell
14:24 Global threats
19:09 Weekly special
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