Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lynette Zang, Founder & CEO of Zang Enterprises & LynetteZang.com, who says that one year after the 2023 banking crisis, U.S. banks are once again on the brink. Zang dives into the health of the banking sector, her macro outlook, and what’s next. She forecasts that massive U.S. debt will force a major pivot by the Federal Reserve and explains what it will mean for inflation, markets, the U.S. dollar, and public confidence. Zang warns that the next financial crisis could usher in a central bank digital currency (CBDC) and outlines the consequences and potential ways out of the system. #banks #bankingsector #Fed #economy #crisis #collapse #dollar #CBDC Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) This video is brought to you by iTrustCapital iTrustCapital Buy and Sell Gold in a Tax-Advantaged IRA! - No Marked-up Coins - No Commission Salesmen - Transparent Fees with No Yearly or Storage Costs Why a Gold IRA? It’s the Taxes! Learn more 👉 https://itrust.capital/outlook2024 00:00 - Coming Up 00:53 - Introduction: One Year Since the Banking Crisis 02:00 - Banking Sector's Risks 11:43 - The Role of Private Equity and Future Banking Consolidation 24:38 - The Fed and Inflation 32:20 - Hyperinflation and the Velocity of Money 35:54 - The Looming Crisis & CBDCs 37:20 - Fed Chair Powell's Stance on CBDCs 42:21 - Rapid Expansion of CBDCs 44:20 - The Role of Crises in Facilitating the Adoption of CBDCs 48:02 - Gold & Silver 50:44 - Bitcoin: A Trojan Horse for CBDCs? 01:04:10 - The Future of Money and the Importance of Community __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com/ To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com/ Stay connected: Twitter - https://twitter.com/kitconewsnow Instagram - https://www.instagram.com/kitconews Facebook - https://www.facebook.com/KitcoNews LinkedIn - https://www.linkedin.com/company/kitconews StockTwits - https://stocktwits.com/kitconews Live gold price and chart: https://www.kitco.com/gold-price-today-usa/ Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/ Live crypto market data: https://www.kitco.com/price/crypto/ Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.