In this week’s episode of Live from the Vault Andrew Maguire is joined by Daniel Lacalle, the investment manager, author, and professor of Global Economics, to assess whether the Fed risks driving inflation with escalating rate hikes. The industry experts discuss whether US Treasury Bonds can still be considered risk-free and whether a default is inevitable amid unrestrained borrowing, before turning to the politicisation of UK banks. Daniel Lacalle: https://www.dlacalle.com/en/ Timestamps 00:00 Start 03:00 Are we risking further bank-driven inflation with these rate hikes? 07:15  Is the belief that US Treasuries are a risk-free asset class mistaken? 11:00 The only risk with physical gold: it can be confiscated 17:45  The Fed doesn’t look at the price of gold; they don’t consider it 21:15 The problem gold has if it wants to achieve its gold price potential quickly 25:00 The Fed’s open meeting to discuss the final implementation of Basel III 29:00 The BRICS+ summit - are they going to discuss a gold-backed currency? 34:30 Sound money: the way to gel all these ideas 37:00 China’s long-term view: they don’t want to be a global reserve currency 42:30 The politicisation of the banking system: exposing the debanked 48:00 How Central Bank Digital Currencies fit in 54:30  The fight against cash is predicated on a misunderstanding 57:00 The role of gold and silver in your portfolio: an analogy Learn more about Kinesis by visiting our website: https://kinesis.money/ Twitter: https://twitter.com/KinesisMonetary Facebook: https://www.facebook.com/kinesismoney/ Telegram: https://t.me/kinesismoney Reddit: https://www.reddit.com/r/Kinesis_money/ Kinesis Forum: https://forum.kinesis.money/