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Rebel Capitalist News

Famous Economist Says "George Gammon Is WRONG!!" (Reaction)

Rebel Capitalist News

George Gammon

Thrive, Wealth, Gold, Finance, Macroeconomics, Education, Protect Wealth, Real Estate, Learn, Business, Investing, Government, Economics, How To

4.71K Ratings

🗓️ 9 September 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello fellow rebel capitalists hope you're well so famous economist comes out and says George

0:06.6

Gammon is wrong which one is it well pretty much all of them think I am wrong.

0:13.0

So take your pick any famous economist.

0:17.0

Would it be Peter Schiff?

0:21.0

Oh, absolutely, of course my buddy Peter Schiff thinks I am wrong about the dollar.

0:26.3

I mean you can go on down the line pretty much any speaker that's going to be at the

0:29.9

New Orleans Investment Conference or any sound money conference is going to say

0:36.0

George Gamine is an idiot. He is off his rocker. He's gone mad. He's crazy. crazy. Well, the particular famous economist who called me out is a guy good buddy of mine by the way.

0:50.0

Great guy. Bob Murphy. So in his view is very consistent with Peter, very consistent with the sound money. I mean Bob is one of the most famous Austrian economists out there. So they're all about the gold standard or you know sound money

1:04.8

principles that's for sure. So let's go over to this blog post that Bob wrote where

1:11.1

he said George Gamin is wrong and I'm going to give you my reaction and then

1:17.6

aha I'm gonna tell you why Bob Murphy and Peter Schiff are wrong. That is right. We're going to do that all right now on this

1:27.6

video. So let's go over to Bob Murphy's post and it is called the U.S.D Weekends when foreigners dump it.

1:38.0

So the whole story here, you guys know this.

1:40.1

I mean Peter's been arguing this for probably decades and a lot of the guys will just call

1:46.9

them the sound money guys, the Bitcoiners, the gold, silver folks and whatnot.

1:51.7

They say, look, here's what's going to happen. The dollar is a horribly flawed

1:57.1

currency, which actually I completely agree with them, and they say that foreigners are going to start dumping these dollars.

2:03.7

It's going to be like a hot potato.

2:05.4

No one's going to want these dollars anymore.

2:08.0

And they're just going to get them off their balance sheet as fast they can.

2:11.9

And all those dollars are going to become flooding

...

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