In this episode of RLA Radio, host Dennis Tubbergen interviews returning guest John Rubino, co-author of the book The Money Bubble: What to Do Before It Pops. Rubino discusses his recent Substack newsletter piece titled, A World Priced in Gold, where he explores the impact of fiat currencies and inflation on the economy. He suggests that if we had stayed on a gold standard, the price action of major financial elements would look completely different. For instance, the S&P 500, when valued in gold, has remained unchanged since 1971, indicating no real profits over the last 50 years. Rubino also discusses the potential for a 'blow off stage' for fiat currencies, leading to a collapse in faith in these currencies and a rush towards real assets like gold. He concludes by discussing the Fed's decision to cut interest rates despite signs of an overheating economy, suggesting that this could lead to a return to high inflation and economic instability.

John Rubino is the founder of the financial website DollarCollapse.com. He is the co-author, with Gold Money’s James Turk, of The Money Bubble, and The Collapse of the Dollar and How to Profit from It, and author of Clean Money: Picking Winners in the Green-Tech Boom. After earning a Finance MBA from New York University, he spent the 1980s on Wall Street as a money market trader, equity analyst, and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, and his own column on Substack.com.

To learn more about our guest, John Rubino, visit https://rubino.substack.com or check out his book “The Money Bubble” at https://amzn.to/2YOIe5z.