Mark Valek on Wealth of the Future — Principled Discord Pt. 7

Inthis week’s episode of Principled Discord, our host Thierry Arys Ruiz is interviewing Mark Valek, Partner, Portfolio Manager & Researcher at Incrementum AG and the’s Member of Advisory Board. He is Co-Founder of the annual “In Gold We Trust,” report, which is the authoritative report on gold investing. He actively advocates for the importance of the monetary reset and investment in gold. In his interview, he discussed the future of fiat, wealth, and the importance of gold.

The discussion lends itself to understanding why our systems are the way they are. Mr. Valek shares his thoughts on how severely debt reliant financial institutes have become. “In both layers of money creation: the first layer being the central bank, the main assets are debts & government bonds, now; in the second layer, which is the bigger layer, commercial banks’ money is created as loans.”

The systemic failures of said financial institutes have led those like Mr. Valek to think that “the public should have a crash course in the exponential function.”

FRED — Economic Data

According to FRED Data (US Federal Reserve data), the money supply (M2) 15,4 trillion USD As of January 2020… as of December 2020 it was posting 19,20 trillion. With almost 4 trillion dollars, the Federal Reserve has printed nearly 20% of all US Dollars ever created in 1 single year.

The average