Danielle DiMartino Booth - Central Bank Cheap Money Now A Global Contagion
Former Dallas Fed insider, Danielle DiMartino Booth, spoke with SBTV about the inner workings of the Fed and how the Federal Reserve missed the train wreck which resulted in the 2007 Financial Crisis. Without being alarmist, Danielle presented a factual view of how leveraged and indebted our financial system has become. Danielle is the CEO of Quill Intelligence (https://quillintelligence.com/) and author of 'Fed Up: An Insider's Take on Why The Federal Reserve is Bad For America'.
Discussed in this interview:
04:41 How did the Federal Reserve miss the 2007 financial crisis?
08:24 Were the bailouts of failing banks avoidable?
10:08 Why Lehman Brothers was not bailed out?
13:38 Money printing has become an international contagion.
15:55 Stock markets propped by stock buybacks.
19:41 Will the Fed blow up the economy as it unwinds its balance sheet?
22:18 The 'academic' problem of the Fed.
23:13 Inversion of the yield curve.
25:04 There is more 'tinder' to light a financial crisis now than 2007.
26:58 How does the Federal Reserve view gold?
27:55 Dollar's reserve currency status to stay?
34:35 Can we ever trust the Fed?
37:31 Will we see the Fed come out with a crypto coin?
Silver Bullion Twitter: https://twitter.com/SilverBullionPL