Max Keiser interviews Lawrence Lepard, an independent investment adviser, about inflation and global trade. They discuss the consequences of President Richard Nixon’s decision to take the US dollar off the gold standard in 1971.
Lepard says that “it took an awful long time” but he hopes “the endpoint will come sooner than later and we’ll return to a sound money standard.”
He adds that “Washington is corrupt, if you take away their ability to print money and control the printing press, then Washington is going to disappear. We don’t need them.”
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