Join Andy Schectman, founder & CEO of ‪@MilesFranklinCo, and Jason Cozens, founder & CEO of ‪@Glint as they dive into the latest economic developments and what they mean for your financial future:

• The Federal Reserve’s Tough Choices: Inflation vs. Recession – What’s Next?
• The Rising Value of Gold: Why Central Banks Are Increasing Their Reserves.
• US Treasuries Losing Their Shine: Are They Still a Safe Bet?
• Fast Food Crisis: How Inflation is Disrupting Business Models.
• Kamala Harris' Wealth Tax Proposal: Unrealized Gains and Its Impact on Investors.

Episode 5 of The Resilient Compass explores the tension between inflation and recession as the Fed signals potential interest rate cuts. With gold hitting record highs and US Treasuries under scrutiny, we examine the market’s future and why gold might be the ultimate safe haven. From the fast food industry's struggles with rising costs to new tax proposals targeting unrealized gains, we cover how these factors could reshape the economic landscape. Engage with us as we analyze the real effects of central bank policies and discuss strategies to safeguard your wealth.

Download Glint: https://app.adjust.com/u88qw5p?adgrou...

Visit Miles Franklin: https://milesfranklin.com/

00:00 - Introduction - Meet Andy Schectman and Jason Cozens as they kick off the discussion on economic challenges and the outlook for gold.

02:59 - Economic Overview - Exploring the Federal Reserve's current strategy, inflation worries, and the potential impact on your finances.

05:35 - Can the U.S. Afford a Gold Standard? - Debating the feasibility and implications of the U.S. and individual states adopting a gold standard.

08:08 - Who Really Owns the Gold in Fort Knox? - Clarifying misconceptions about the ownership and management of the U.S. gold reserves.

11:35 - The Fed's Third Option: Dollar Devaluation - Discussing potential Fed strategies to address economic challenges, including currency devaluation and its impact on inflation.

15:51 - Insights from Jackson Hole Symposium - Key takeaways from the Kansas City Fed's annual event and their implications on global markets.

19:26 - Cost of Living Crisis: Fast Food Inflation - Analyzing the impact of rising inflation on consumer goods and business models.

21:54 - Market Manipulation or Economic Reality? - Unpacking central bank policies and their impact on stock markets and investor confidence.

25:40 - Future of Gold Prices - Discussing the potential rise in gold prices as the Fed considers easing measures.

27:31 - Crypto Wealth Tax Debate - Evaluating Kamala Harris' proposed tax on unrealized gains and its potential effects on the crypto market.

30:42 - Cantillon Effect and Wealth Inequality - Understanding how monetary policies contribute to growing wealth gaps.

34:15 - Global Gold Reserves: A Shift in Strategy - How global central banks are shifting towards gold and what this means for the future of international reserves.

37:15 - Conclusion & Viewer Engagement - Wrap up of the episode and call for audience interaction and feedback.

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Disclaimer: The information provided in this video is for general informational purposes only and should not be considered financial, investment, or legal advice. While we strive for accuracy, the content is based on personal opinions and should not be relied upon for making financial decisions. Viewers are encouraged to do their own research and consult with a licensed financial advisor or professional before taking any action based on the information provided in this video. The creator is not responsible for any financial loss or damages resulting from the reliance on this content.

We strive to present a balanced perspective on gold, crypto, and fiat currencies when discussing purchasing power. While we believe gold is one of the most reliable and fair forms of currency, it's important to note that it isn't completely risk-free. Although gold has generally seen a steady increase over time, its value can fluctuate, meaning its purchasing power can also decrease. As with any investment, it's crucial to be aware of the potential risks involved.