Former Chief Economist (BIS) on the Run on Fiat Currency
Paul Buitink talks to William White again, an economist who worked at the Bank of England, Bank of Canada, Bank of International Settlements (where he was chief economist) and the OECD. William is 82 years old and has decades of experience as in insider.They discuss trade tensions amongst the US and Canada, how the West should deal with China and how BRICS countries are developing alternatives outside of the dollar system.Bill thinks there is run on fiat currency due to high debt levels and low confidence in Western economies and currencies. This is reflected in higher gold and silver prices…
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