“National Capitalism & Death of the International Monetary System” presents an opinion on China and its impact on global investment strategies. The dialogue covers the historical trajectory of the international monetary system since the Bretton Woods era, underscoring China’s role in maintaining low inflation and influencing U.S. monetary policies through its currency interventions. The conversation highlights the risks investors face when relying on traditional economic correlations, alongside the challenges posed by national debts and the increasing withdrawal of foreign investments from China. Napier advocates for a new global monetary system and introduces the concept of “national capitalism,” which emphasizes controlled capital movement to address economic instability. He further discusses the potential for digital currencies and the need for a united approach to managing inflation and international trade as countries navigate these unprecedented financial changes.
Russell on how to make money in a new monetary system…