# Why gold and silver crashed & Trump’s Fed Chair pick

An episode of [The Econoclasts](https://invisiblenetwork.ai/podcast/1685475850), 4 Feb 2026, 34 min.

Audio: https://sphinx.acast.com/p/open/s/644d3eb26d7c8a0011cf2a0b/e/69823524c0f83f827c2d69df/media.mp3

Following a historic price crash for gold and silver after President Trump picked Kevin Warsh to lead the Federal Reserve, Yanis Varoufakis and Wolfgang Munchau dismantle the orthodoxies surrounding the slump and connect the dots between Warsh’s Mar-a-Lago family ties, the toxic legacy of Quantitative Easing, and the inevitable shift toward fiscal dominance, exposing why the crash is a symptom of a dying central banking era and a warning of the dollar debasement yet to come. Hosted on Acast. See acast.com/privacy for more information.

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