Bond Destruction, Banking Waste and the Tilt Toward CBDC
In this extensive and now English-translated, interview with Jan Kneist of Investor Talk, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the critical themes of the ongoing banking crisis. In this substantive, 21-minute conversation, Piepenburg squarely addresses the ripple effects and larger implications of the current banking crisis, namely:
1) its bond crisis origins;
2) the ultimate pretext for (and direction toward) political and financial centralization culminating in CBDC;
3) increasing consolidation away from the smaller banks toward larger banks;
4) the nearly inconceivable waste behind the Credit Suisse bailout;
5) the percolating and equally inconceivable dangers within the derivative markets;
6) the collapse of trust in the USD as evidenced by the rise of the BRICS; and, of course,
7) the growing importance and role of gold in a world heading inevitably toward more centralized controls and currencies.
As Piepenburg has warned and repeated throughout 2022 and 2023, all debt-soaked systems inevitably resort to desperate measures and greater controls, of which currency debasement and increased centralization, symbolized by the drift toward CBDC, is no surprise or exaggeration.
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