Central Bank Digital Currency Incoming. Will You Accept It?

Economist Peter St Onge joins us to discuss the staggering $33 trillion in government debt, the projected $2 trillion annual deficits, and the implications if a recession hits. Peter outlines the potential disaster of running wartime deficits in peacetime and the risks posed by our growing debt bubble. The conversation also touches on rising delinquencies, the possible onset of a severe recession, and the role of gold and silver in this landscape. Furthermore, the debate around the push for cashless Central Bank Digital Currencies (CBDCs) and its implications on privacy is also explored.

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