U.S. Faces Major Reckoning; No Easy Way Out After Years of QE Warns Rick Rule

The United States is, "facing a reckoning from quantitative easing," says founder and CEO of Rule Investment Media, Rick Rule. “I have a very difficult time seeing an easy way out of this, with 40 years of low inflation, low interest rates and economic growth," he details to our Daniela Cambone. He concludes that, "the U.S. is less of a power than it was 20 years ago," and we will have to accommodate other cultures as a shift in global power moving forward. Daniela and Rick also discuss his upcoming Natural Resources Symposium and the main topics that will be the focus, those interested can access here: https://opptravel.zohobackstage.com/TheRuleSymposiumofNaturalResourceInvesting#/?affl=Stansberry ⭐️ Join Daniela Cambone's exclusive community ➡️ https://danielacambone.com ➡️ Follow us on Facebook: https://www.facebook.com/StansberryResearch ➡️ Follow us on Twitter: https://twitter.com/stansberry ➡️ Follow us on Instagram: https://www.instagram.com/stansberry_research ➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stanberry-research Chapters: 00:00 Rick’s thoughts on Powell’s statement on inflation control 5:26 Do we have the right tools to combat inflation? 7:48 Can the Fed be transparent and honest about inflation? 9:45 Are recent CPI numbers manipulated? 11:56 Where do you think the inflation number would be if it was capped down? 13:08 How do you find that balance between saving and spending? 16:36 China's inclusion at NATO summit 18:50 What the ban on Russia’s gold imports means for price action 20:50 China underreported its gold reserves 22:32 Will the current monetary system collapse? 24:10 Will China and Russia peg their currency to gold? 25:30 Rick’s thoughts on cryptocurrencies 27:35 Uranium’s price will increase 28:28 Biden’s initiative of spending $4.3 billion to buy uranium 30:29 Is this the most critical financial time we experienced?