Inevitable Dollar Destruction Ahead!

Daniel Lacalle talks of the evils of inflation and Central Bank Digital Currencies

Dr. Daniel Lacalle explains why the dollar and other fiat currencies are heading for unprecedented destruction. He also discusses the importance of the BRICS as a threat to American hegemony as well as the inherent evils of Central Bank Digital Currencies (CBDCs). He gives reasons why he doesn’t think CBDC's wil be put into place at this time but he does believe the masses will be lured into a CBDC trap without realizing that they will provide the technology to easily remove our individual liberties.

Daniel’s Bio:

Daniel is a PhD, economist and fund manager. He is the author of the following bestselling books: Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat​ (2015), and Life in the Financial Markets (2014).

Daniel is also a professor of global economy at IE Business School in Madrid. And he has been ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richtopia. And he has a very impressive academic background. But there are plenty of professionals in the financial world with impressive degrees. But most of them have been indoctrinated with Keynesian economic backgrounds which means they have no idea how markets really work. Daniel on the other hand is an Austrian economist which means he doesn’t rely on some politically inspired mathematical model used to manipulate markets. As an Austrian economist, Daniel actually does have a grasp of economic realty which is why I’m so happy to have him as a guest on my show.

You may have seen Daniel on various venues including CNBC, Bloomberg, BBC, Hedgeye, Seeking Alpha, Business Insider, Mises Institute, and the Epoch Times. He is also an occasional consultant for the World Economic Forum, Focus Economics, the Financial Times, the Wall Street Journal, and other major news publications around the world.

Please enjoy my discussion with Daniel.

Best wishes,

Jay Taylor

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