Hello, everybody, and thank you for tuning in to the Liberty Report.

Once again, we have the honor of having the economists from Birch Gold, Philip Patrick.

He's been with us before, and we will be talking about the various events that are getting people a little bit nervous about the dollar.

And I've talked about the dollar for a long time, and I don't think it's in good shape.

And but right now the whole world is starting to think that, and it's a big issue, and that's also the reason that gold is no longer $35 or $100.

It's into the thousands of dollars.

And most people, at least a lot of the people paying attention,

realize that this is just maybe the beginning.

And what we're going to talk about a little bit today with Philip is, you know,

what this might lead to.

But first, Philip, welcome to the program again.

We're glad to have you.

Thank you so much for having me, Dr. Paul.

It's an honor.

Very good.

You know, I want to start off with reading something that just recently appeared in Zero Hedge

that, you know, I didn't know the exact numbers, but I knew it

existed. But the numbers they report and emphasize is a dramatic number. And this was just

put in yesterday or the day before. And the title was bail in risk rises as shadow banks hit 49% of all global assets.

Well, what does all that mean? And they go on to explain this. And Philip, this sort of sets the stage for what we're trying to deal with and what's happening. And this is reading from zero.

While the media fixates on interest rates and inflation, a $250 trillion shadow banking monster quietly grows,

hidden from traditional regulation.

...