CBDCs Are Not Going To Work | Martin Armstrong | BIG PICTURE
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- เผยแพร่เมื่อ 3 ก.ค. 2024
- In an interview shot for the making of a documentary CBDCs: The End of Money, Martin Armstrong discusses his perspective on where the United States is and his outlook on the ambitious CBDC plan being pushed world wide.
Ultimately he believes the push to install a CBDC system will lead to the breaking up of the United States and will push economic activity back to the level of barter if it nears success. Such subjugation runs against common sense, nature and economic forces and will lead to collapse and a reset of government.
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One of the biggest problems we have is that the ignorant masses always look to Government for solutions.
Yep, looking to the problem for the solution. 🙄
It has been absolutely stunning to me how foolish most people are. I never woulda thought it was this bad.
Agree. Same mess here in Canada....massive government debt, control all across the country.....not to mention the banning of our language, English, in Quebec - bills 22, 178, 101....96....$$$
@@boogyjuggy Gosh, what a mess.
th-cam.com/video/Qbf40L7WpBs/w-d-xo.html
They had the COVID jabs planned for this.
I hope that this man is correct. Programmable digital currency is the stupidest idea in the history of mankind.
Its not stupid, its corrupt & intentional.
And the most scary
CBDC will still tax us. What doesn't work is they never pay down debt. He said all governments default We still struggle to pay taxes and inflation which is hidden taxes just to keep gov in power.
CBDC's is about stealing everything that can be stolen, even labor. This will destroy the country because no one will work for nothing and is the most evil idea. This will cause Civil War and perhaps DC will finally be punished.
Inflation. CBDC + Digital ID. UBI. Social Credit Score. Totalitarianism. The purpose is to impose state dependency.
It has never been about money, it's always been about power and control.
Thank God for Martin. He is the only one telling the truth and warning the people.
Dr Charles Nenner has also been warning for years.. he admits 2.5B-3B will die in this war cycle through 2032.. or basically 1/3 the worlds population which sounds like tribulation to me
No hes not but... the MSM is a govt propaganda arm. Hes the only one YOU know about. Theres many
They are rare but he's not the only one
Tom Luongo, Francis Hunt, and pretty much every guest on Liberty & Finance and Palisades Gold Radio
If you resist nothing else. Resist CBDC's and digital ID.
AI is another unknown monster waiting to control you, it will make CBDC look like the solution to all Humanities problems. But it is isn't, it's slavery.
It is amazing how many still have faith in worthless Government/FED fiat.
Go gold.
Or silver @@olliemoose2020
@@olliemoose2020 Why? Gold is not finite-scarcity,..so it is different than fiat
@janeznovak2408
Of course it's different. Just because it's not completely different fron fiat in every way doesn't mean it is the same.
It is amazing how good the fiat system works when properly managed. FYI: The USD is still the strongest currency.
Martin hits on all points. Brilliant.
He offers no practical solutions his solutions will bring more problems that have already been dealt with over the eons and he basically is asking for a strong man dictator like a Stalin.
He's looking for the mythical Nietzsche Uber man, and might as well ask for King Arthur to step up from the dead legend.
But otherwise his voice needs to be heard and he needs to debate the other economist out there that the progresses on the left and right promote most.
This way both sides get corrected and both sides get stronger that is if they can get past their big fat egos and hatred for government and anybody else that got in their way.
He is a litany of a historical contradictions and doesn't understand what Jackson was doing for the British bankers to cancel out the mess that was a bunch of independent currencies and Banks within the United States as the founders were trying to centralize it.
The man sounds like a complete tool of a total totalitarian government and anarchy by feudal Lords.
This is a shame because he seems to have a grasp on a lot of material and including history.
He talks out of both sides of his mouth and he is his own worst enemy but he is also an excellent promoter of himself and some decent ideas.
Another words he's a dishonest propagandist.
Probably cuz he's extremely selfish and he really doesn't know what he's talking about. So the idea is to destroy everything to save everything like a Rockefeller banker.
See carnage of Henry 8 & Martin Luther...he is od this lineage of PR peeps of the court jesters...
He protests soo much sooo like these as I try to understand his discursive desperation.
A die hard.
@@Madasin_Paine
Horrible grammar … no one will take anything you type seriously
Ugh 🤮
Martin is an genius! So in tune with world governments past and present and the nature of man and money.
Just to put it in perspective - If I owed you 1 Trillion dollars and I agreed to pay you 1 Million a day to settle the debt, it would take 30,000 years.
Now multiply that by 50 to give you 50 trillion and imagine it's 2035.
Ok 🤔…
How about if we double the payments to 2 MILLION a day ?😊
Problem … SOLVED 👍🏼
Sheesh
❌ $1,000,000,000,000 (one trillion dollars) ➗ 1,000,000 days (one million days) = $1,000,000 per day. 1,000,000 days = 2,737.851 years (two thousand seven hundred thirty-seven years and three hundred eleven days). If you owed $1,000,000,000,000 and you agreed to pay $1,000,000 every day to settle the debt, it would take (roughly) 2,738 years to square up the debt. One million times one million is one trillion.
@@Madasin_Paine it would only take 136,900 years to $50,000,000,000,000 off at $1,000,000 every day. We could totally mortgage the country for more. 273,800 years is nothing?
My hat is off to this brave soul
ALWAY A JOY TO LISTEN TO MR. ARMSTRONG
I learn something every time I hear him
What Martin suggests is - we need a new governance system. Nothing else will solve the problem of government overspending.
Not a new system necessarily, perhaps a restoration of the original system put in place by the founding fathers will do.
@@citizeng7959
Very hard to prevent corruption of politicians by banksters and corporations.
All kinds of entities try to get their tentacles into govt to corrupt it and take control of it.
@@citizeng7959 I'm in Europe. Our founding fathers were kings and queens. Not very empowering. Something along these lines would be better th-cam.com/video/_6y7MBS27Ao/w-d-xo.htmlsi=g0Tukf1rXZd-KaAU
Cardano can be the solution for all of these problems. Can't be evil instead of don't be evil.
@@Jonit_svk It can be a part of the solution. But sound money is not everything. We need a new governance and voting system replacing traditional government.
It's not about effectiveness, but control.
Simple ways to protect ourselves from CBDC's:
1) Use small or middle-size local banks and community banks, these are the banks that central banks are trying to eliminate to centralize financial control.
2) Insist on and use cash, demand that businesses permit cash payment, and maintain your right to use cash.
3) Ask businesses to accept cash, and if they refuse then protest.
4) Shop local and support local businesses and producers and businesses that employ locally. Close-knit communities that are more self-reliant are resilient to authoritarian control.
One example of a highly effective protest was a grocery store franchise where people would go and do their normal shopping, but if their cash were refused then they were unable to pay and had to go somewhere else and staff would have carts of groceries they would have to return to shelf. They changed their policy back to normal very quickly!
Agree! Also, support your local farmers and farmers markets. Attack on food supply is escalating.
I’m in U.K. and France.
I agree fervently with all you say, with one important exception.
Your point 1 doesn’t work in Europe because, with the exception of Switzerland, there are no local banks.
There used to be “building societies” in every town or small region. Those with surpluses would deposit some of it in their local building society. In turn, the building societies would make cautious loans, mostly to private individuals for the purpose of buying one property, to live in. Often, the loans were 25 year mortgages, with variable interest rates. It was the building society’s job to balance interest rates with the goal of retaining the lenders (savers) confidence, so avoiding a bank run, while not destroying the borrowers (mortgaged people).
If they got it wrong, not only would the building society go bankrupt, taking the lenders’ capital with them, but the local property market would collapse (because new would-be buyers can’t get loans).
Forgot to mention that the borrowers were required to take out term life insurance, which cost them a reasonably low amount, because most first-time borrowers were in their 20s, with 40 years of work ahead of them. So the insurers rarely needed to pay out, which kept the insurance cheap. For a while, insurers started selling policies which supported the “endowment mortgage” market. The borrowers made an extra payment, which was used by Life Insurance companies who, at the time, had very stable circumstances for their business model (mostly government and corporate debt). Over 25 years, the Life companies yielded a small annual surplus which, rolled up at the end of the 25 year mortgage period, paid off the capital originally borrowed.
These institutions worked well for 100-150 years.
Unfortunately, they were gradually almost all acquired by the largest national banks in the late-1970s to late-1990s. I now see that as one of scores of apparently unrelated activities.
So now, for most people, they don’t have a small local bank to save with or borrow from.
My substitute for your point 1 will sound crazy, but I don’t think it is. It’s to exchange as much of your free capital for hard assets, in particular, precious metals (PM). I’m not alone in expecting an epochal bust, not seen in The West for generations (with the exception of a few of the weakest Mediterranean countries). This bust has been engineered. Though global finance isn’t my strongest suit, I understand enough to be certain that a succession of governments in numerous countries have adopted policies with convergent effects. This has been happening for several decades.
As Martin Armstrong here says, they (who? Governments? Central Banks? Heads of ultra wealthy Foundations?) want to bring in CBDC and effectively or actually abolish cash. Armstrong states firmly that it will not work. I hope to God he’s right.
The last thing you need right now is to have significant savings in cash at banks. I expect that to be legally stolen in bail-in recovery plans, which will be pushed as “the solution” to the problem of the defaulting banks. David Rogers Webb describes this in great detail in his free pdf book, “The Great Taking”.
Physical possession of hard assets, about which nobody but you has the details. Divide it up into parcels and secrete them in as many locations. There is going to be looting and most people are likely to be robbed in their homes at some point.
If you’ve less than £10k to deploy, first build a food & water stockpile, also distributed in two or more caches, then consider mostly small denomination PM coins. These will re-attain their former role: money.
If you’ve £100k+, buy some low denomination PM coins, and the rest in high denomination coins and bars.
Ignore the threat of PMs being made illegal. This is a covert activity as a hedge against tyrannical governments. You’re not obligated to follow unjust or illegal laws.
The coming, entirely planned and evil destruction of numerous, highly developed, Western economies is going to be very difficult indeed. Almost everything is going to change.
My own personal assessment is that, if the globalists define success as totalitarian, digital control of everyone & everything, everywhere, forever, then they are going to fail.
In the attempt, however, a large part of what we regard as characteristics of advanced, liberal democracies, is going to be trampled underfoot, and sizeable proportion of the people are not going to make it through to whatever the other side of this is to become.
The dumbing down of the populous, i.e. schools at all levels and news corporations, is our demise.
Wow! Great point! 100% agree. Let's #GetAllTheThinkersOutofForcedSchools!
Martin is the ultimate realist. This will all happen. Best to prepare.
You must be a clown also
It has to now
Sad that we are on history repeating again
@@ChrisAthanasIt's only a matter of time. Sad.
Its not far off. Narrative is collapsing & force will be necessary come November. Vote RFK & force the exposure of the UNIPARTY. WERE RUNNIN OUT OF TIME
@@barneyrubble4827 - LOL. RFK is in the big club and has always been a corrupt criminal. Everyone is saying the same thing about the economy right now, so it doesn't take a clown to regurgitate a narrative. Or in this case, it does along with this imbecilic windbag being a historical revisionist. Read books.
This was a good straight talk and I enjoyed it immensely. It solidified reality things for me. Economics for the layman here and too good. It was very useful to get past the idea that the evil banker and the Fed are always at fault The most sensible talk I can remember hearing about our present dilemma. Mr. Armstrong gave the first talk I have heard on how we can fare through the tyranny of CBCD .
Phenomenal interview....Armstrong at his best.
The bureaucrats fail to appreciate how resourceful and creative people can be. If they impose CBDC's, people will find a work around. You will see the development of a parallel black market economy where the means of exchange will be something other than CBDC's. The government will have no control over this black market economy. They might be able to arrest a few people for tax evasion but the net effect will be a significant decline in tax revenue.
That is in line with my thinking as well
@@bno5357 The Cycle of Civilization shows how People and Nations go from poverty and slavery to great faith to great accomplishment and great wealth to indolence and dependance to start the cycle over.
We can see where we are in this cycle and I'm looking for the faith to work the miracle to set people free.
@@bno5357why I've been stacking pms for 20 years.
Martin must be the smartest economist ive listened too.. great insite in the whole picture.. thanks from Australia
Most honest, lots of smart & evil economists involved in banking & market corruption
Agree, it won’t work, there would be too much chaos
The FED is certainly part of the problem. Every time they make a major decision to tighten or lower rates, average Americans loose great wealth to where we barely have a middle class. Quantitative easing is also responsible for crazy high inflation which is also a tax on the middle class & poor
Welcome to Brazil
The aristocrats love it
They want a war so they can default omg.
Yup. 2 wars, bird flu, climate change, uncontrolled immigration, Cbdc's, vax ID... they have it all set up
CBDC= Mark of the Beast
How can you survive without taking the mark of the beast and dying of hunger?
@prim3k Religious people will say you should not take the mark and die of hunger, but you'll live forever in heaven.
Sure hope they picked the right religion 🤞
@@jonnyincognito899 well, it's just that CBDC is a life of slavery, I think everyone will hate it
@@prim3k God will provide.
"War Is a Racket" small book by US Marine General Smedley Buttler 1932
U da man! Wait until read the 1870 essay by Lysander Spooner titled #TheConstitutionOfNoAuthority, The Constitution is not a binding contract on anyone.
Reject programmable digital currency!!
I strongly agree with term limits. That alone could solve so many problems.
So take a decent politician that is an expert beyond the lobbyists and you want to get rid of them? Judges too?
Basically you're promoting a form of elder abuse and racism towards people.
Yes but how to prevent them from extending again?
This whole system is due to reset soon
@@ChrisAthanas Amend the Constitution.
@@citizeng7959 constitution ended around 1865 or 1913 or 1933
@@ChrisAthanas I mean, I get what you're saying, but I think resigning to the will of the oligarchs is not helpful. Rights and freedoms are things that need to be fought for, because governments always descend into tyranny if the people let them.
The banking crisis "contagion" is government bonds.
The banks are coerced and forced to buy government bonds with customer deposits.
As yields (interest rates) increase, the present value of those bonds is less than what the bank paid with customers' funds.
This *bank run* will destroy the economy with a *Greater Depression* lasting for 10+ years.
I feel the bank run started in 2008, and why real asset prices are skyrocketing as the criminals try to park their ill-gotten booty anywhere they can find a hole
Pension funds buy those bonds too
A Hard Rain’s A‐Gonna Fall 🎶
@@LodgicalThoughtsall funds buy those bonds. This collapse will be fatal to We the People
Gold is a hedge against Government.
No it is not. Price of gold is always manipulated and gold is not comodity with scarcity
@@janeznovak2408 BS yes it is ..Its THE base foundation of monetary value .. its by far the best form of monetary money with multi utility far beyond anything else available along with silver with a physical scarcity of less then 1% added to markets each yr ..
@@janeznovak2408ur partially right but then why have Russia, China & India have bought up all the gold?
@@barneyrubble4827 Same reason why we use usd, eur, ypn,...even though we know that fiat is worthless,..as long as sentiment is what it is,..even precious stones will have their value,..for now,..
@@janeznovak2408just keep your dollars in the bank if it suits you.
Marty is the man! ❤
Excellent! CBDCs will further shoot tangibles thru the roof, cause states to legislate against them, probably produce secessions and state currencies. Govts will default and we start again. Hopefully we replace the insane 'donating to govts/finance for old age' with owning your own living space/transport/food growing area and pile of gold/staying healthy and learning to manage your own money. Build solid communities that undertake economic projects like home building. No government should be more than a few hours drive away and people should be taught Martin's history. . Most people will remain dumb - but that doesn't mean groups of people can't learn. Nothing shakes people like chaos - and boy is it going to be shaky this time!
I got it Martin. This makes sense! Your explanation is sound.
Very interesting, I like listening to this guy he sounds very smart and has a lot of common sense.
Nobody should pay any tax other than a flat-rate consumption tax on finished consumer goods with no deductions, credits, or exemptions for anybody.
Taxes should only be paid at the end of the productive cycle of capital, which is consumption.
Thus, only a flat-rate consumption tax on finished consumer products is the fair way to create tax revenue.
There would be no deductions, credits, or exemptions for anyone; the consumption tax is relative to the ability to spend and consume.
Yep, that is called Value Added Tax (VAT).
How can the parasite government workers Rob us if we have power over taxation
Love the plan, when does the Revolution start?
Abolish income tax and other taxes while taxing land value. Georgism.
Clearly this issue is a SPIRITUAL BATTLE! Good vs Evil!! Eternity is a very long time… Where will you spend it?? Time to get right with your Creator God! John 3:16; 10:10; 14:6… Romans 3:23 & 6:23… blessings…
Extremely hopeful message. Thank you.
Quite a brilliant perspective on the CBDC. And a history lesson to boot.
Loved what the gentleman had to share.
HR8421 Rep Massie Bill TO ABOLISH THE FED RES...Bc, our founders new fiat currency would lead to this...honor the constitution is the soulution. Do your duty...call your reps to support and pass this bill...or secede like TEXIT.
Massie is amazing! 👍
term limits and turn back citizens united.
Excellent interview. Martin Armstrong is just great.
Excellent.
Martin you have a calm about you that I pray I can borrow from you I just want to find some peace and good in humanity again I just retired and a bit shocked at the future I see coming I appreciate your insight on our economy let’s stand as We The People and take our country back
ALL STATES NEED TO CREATE A STATE-SOVEREIGN BANK. ALL STATES NEED TO REWRITE THEIR UCC AGREEMENTS TO RETURN PEOPLES ASSETS TO THE PEOPLE...AND NOT TO THE CENTRAL BANKS. have you seen, THE GREAT TAKING, by whistleblower. DAVID ROGERS WEB ?
Love it, when does the Revolution start?
Did Rick Rule create a new bank? I'm unsure, but I remember him making that statement. It's called Battle Bank. I know nothing about it except the name.
Don't spoil their plan to take the last remaining crumbs they haven't stolen from us yet lol
"One World Government" is about the scariest thing I can think of.
Fed Reserve has 2 jobs. Make sure the value of the currency doesn't decrease & ensure maximum employment of Americans. Failed on both!!
Feds job is to debase the currency & distribute the funds to the 1%
Excellent interview
From Spain, thanks Mr Armstrong, you help us managing our future in Trust (gold and silver, naturally).😂😂😂
Everybody: Just make sure you have access to food and Water. Then you dont need their cbdc. You can make your own Money
@ 13:18 Amazing reality check.
The computer program that Martain runs is insanely accurate.
BS
@Cypher815
Hi 👋🏻 Martin !
Prove it?
Martin put a lot on the line today. Time will prove or disprove. Myself? I look at Armstrong's logic. I like the way he thinks.
so is Blackrock's
Prepare for massive disruptions, shortages and violence 2025-2030
Rockefeller Lockstep !
It’s all been planned long ago 👍🏼
2030? Do you think we have that long?
@@randybest9187 we never know the time, but we can def see the trend
It will be sooner,...maybe at end of 2024
2024 elections will tip this ship
No need for taxation. Would we give potatoes to the farmer? Fish to the fishmonger? Then why give money to the creators of money? Its kind of circular.
Thank you for the history lesson
3:30 War is a great excuse to default.
Martin recommends having 2 years’ food on hand, that should tell you where we’re headed.
Genius guy! Thanks for uploading!
Strong views
Inspirational
Your model does not factor in BRICS. The fact of the matter is that there are smarter and more benevolent leaders on the planet.
BRICS was created by JP Morgan and Henry Kissinger. It's all part of the master plan
I would hug you for your naivety.
@GT380man and I would pat you on your head for believing in ....Murica!
AMAZING 👏
VERY CLEARLY EXPLAINED
Luv Armstrong. Don't care for the heavy editing though. This one is pieced together to say what the editor wants.😮
That is literally how media works whether newspaper or video.
Same old shit yeah
The Legislature spends money without the realization of what things cost in the real world. For that reason, they themselves feel underpaid and sell influence or are easily compromised. Without some control over them, we'll never control the debt. Even with a "balanced budget" we are still living on debt, as the current running programs can't possibly be covered via taxation and there are hidden agreements that also mean our taxes are not going towards a "budget" (such as we would use in our own homes) anyway. The parasite of debt is inherent in the public pension programs and military pension programs to the degree that would alarm the average private sector worker. So without addressing those problems, we are lost. And as it is, we need to stop The Federal Reserve from charging us interest on our own money and allowing its member banks to use fractional reserve banking and usury. The pyramid of taxation in all its forms leaves the little person with nothing to eat.
He is very smart, the Da Vinci of our time, but he never talks about XRP wich is the crypto for the future of finance
It would be splendid and most useful if this man debated Michael Hudson for about 3 hours. No holds barred but they must refrain from logical fallacy and ad hominem tax particularly.
@@angelozachos8777 I think they can go toe to toe but it would be humbling for both of them enlightening to the zealots that simply believe whatever these two say.
Both are products of the Rockefeller Chase machine more or less.
They both are play part of the system of feudal Lords. They want the US to be more like the CCP and the CCP to be more like the US.
There is only one reason why both of these men are on this platform it's because there are supposed to be doing a job for their masters.
I need to appeal to the next generation of taxpayers and people that will run the ship of State.
If there is one man that I value over all others, it's Michael Hudson. That would be a fascinating debate.
Martin it has to pass congress -which since the members have to follow rules it will not be done.
Sure do appreciate Martin Armstrong's insights
Phew; eight pages of notes. Thank you, wise man.
You are ignorant of history. The U.S. did pay off the debts of the Continental Congress, even though it took them 40 years to do so, using the tariffs charged on foreign imports by the USG to provide the necessary revenue to pay off our debt. This scheme was set in motion by Secretary of the Treasury Alexander Hamilton during George Washington's first term as president. You know, that funny looking guy on the ten dollar bill.
You got us Jimmy,governments DO pay their debt.
It’s a rarity in history then… and also possible evidence of a continuation of the previous government except an “image” update?
The Fourth Turning plays out, right on cue. Should be done by early the next decade.
Usa will be a different place by 2030
Either for the better or worse
...then The Great Taking.
I'm sure lots of people will find ways to milk the system.
It’s the current National sport
CBDC's will allow them to continue money laundering/child trafficking but stop the plebs from eating unless we take the next 10 boosters. They want it all.
Exerlant
They WILL ban gold and silver coins because that will allow a black market parallel economy to their CBDC plans.
You almost got it...
IF they ban gold and silver coins it will create a black market economy parallel to their CBDC plans.
The debt singularity is just about now. With normalcy bias, and the relative success of can-kicking so far, that’s tough for most people to accept.
Ron DeSantis said the same thing Martin Armstrong said when Gov. DeSantis ran for POTUS in the primary--the US needs to pass a balanced federalbudget amendment! We would've been so fortunate to have Gov. Ron DeSantis as POTUS instead of the untrustworthy, untruthful narcissists we're going to be stuck with as POTUS who have no intention about pushing a balanced budget amendment!
Their ultimate power grabs doomed great video here's ti hope and courage !
It’s too bad that this isn’t edited better.
Let’s see your work! I’m very curious for you to show us how a proper edit looks!
Are you referring to the repetition of some statements? Some folks must hear things several times before points can sink into their skulls.
@@bellakrinkle9381 repitition is a great teacher
It's free 🙄
I like the Hypnos bronze in he background.
Go Marty.
BRING INDUSTRY BACK TO THE STATES.
That is a very dangerous notion because the damage is done to China would be brought here and that's why we sent that over there in the first place and a perfect example is the water pollution and soil pollution of the silicon valley and what has happened to the South due to pork producers and so forth.
To burn through the Earth's resources in the past 20 years what took 400 years before that and could be done in the next 10 years needs to be the center of such nonspecific unstructured context less trite pr right wing libertarian nonsense that you are promoting.
That is a very dangerous notion because the damage is done to China would be brought here and that's why we sent that over there in the first place and a perfect example is the water pollution and soil pollution of the silicon valley and what has happened to the South due to pork producers and so forth.
To burn through the Earth's resources in the past 20 years what took 400 years before that and could be done in the next 10 years needs to be the center of such nonspecific unstructured context less trite pr right wing libertarian nonsense that you are promoting.
Business people and especially corporations and The regulators they've captured along with the politicians have proven themselves completely irresponsible stewards of the environment and the populace that they are poisoning to their grave premature ends IMHO.
A War with China and Russia is guaranteed to do that
@4:00
The Russian federation paid off the war debt of the USSR
Never going to happen in USA
A lot of very important and fascinating information in this 42: 40 minutes production and if more tightly edited it would be a dynamite production. I also feel Martin Armstrong is not examining bitcoin in a proper and in depth way. I would like to see a production which focuses on gold or other commodities (bitcoin in the age of the internet) as monetary systems and examines why these hard currencies were abandoned.
this man is very very good and such people we must use for directing the states
The lack of money during the 1930's was not due to people saving money and refusing to spend. The banks and government removed the money from circulation. Gold was confiscated because it was a common currency of the time. Without money, companies could not hire people to work. Without money people could not buy products of the companies.
Same mess here in Canada....massive government debt, control all across the country.....not to mention the banning of our language, English, in Quebec - bills 22, 178, 101....96....$$$
Helen Clark, a New Zealand Prime Minister paid the National Debt off by using the Pension Fund, to speculate on Wall St. That was back in the 90's though. A tiny Country, but they did do it.
Absolutely THEFT, no way to describe it.
That's why states encouraging gold and silver legal tender..Even though Constitutionality it always was.
What are your thoughts on the goldback some states are using now ? I have a $25 Nevada goldback I bought for a sovereign.
Smart $$$ is going into agro investments...Coffee, Citruses, Cocoa etc.
When all the madness comes to a head...FOOD will rain supreme !!!
I have limitless respect for Armstrong, but I'd like to hear how they are going to stop PoW cryptos. If they turn off the internet the cabal would suffer along with all of us. They may try, but they will have to turn it back on in short order... IMO
They'll make it illegal.
Yes it looks like Bitcoin may be the only safe haven left
@@ChrisAthanas I said PoW crypto. BTC has been hijacked by Wallstreet. Thankfully there are worthy coins like XMR, BCH and KAS, etc. to choose from...
PulseChain is unstopable because it is way more decentralised and efficient than Bitcoin (which mining is heavily concentrated in the hands of big Chinese and western entities). The PoW model, though innovative, requires a lot of energy. Thus it is hard to decentralise it... Besides, it is not possible to code on the Bitcoin network... Ethereum is also WEF / Davos compatible...
@@assezzen194 PC is a scam
Martin was going to say something about Sir Isaac Newton, 32:25 which he didn't seem to finish. Was it that he spent years trying to make base metals into gold which somehow elevated him to chancellor of the exchequer. 😊
Can anyone answer this for me. I'm not an Econ guy.
Can the Gov run the dollar so low and then in collusion with the big business say ,' your dollar is worthless.You can keep it and try to survive. Or, for this period of time only, we'll allow you to trade value based on a rate that's higher than the current value. Then everyone would willing trade their dollar with a buying power of 65 cents for a CBDC worth 75 cents.
Congress has already banned CBDCs
Wow
Hope you are right
I only hope everyone hearing what Martin saying .
Where in for financial reset.
Thanks Martin .We're hearing ya loud and clear.My only wish is to meet you in person:)
You must be a clown also
Yes, Australian gov't is using coercion on the Australian people
Dude is almost correct on most fronts except Bitcoin.
Agree, he hasn't researched deeply Bitcoin. It's obvious to people like you and me that have been orange pilled.
Who controls the FED?
Been saying this since they started pushing the narrative. In times like these, the people ALWAYS choose the money and I can guarantee you that a worse form of fiat isn't going to be the choice. #Silver
Since government can print its own money why do they borrow off banks and pay interest when they could print and borrow off themselves at zero interest
Government does not print it's own money. (If they did you could also ask why we need to pay taxes).They create bonds and sell them to the Federal Reserve (a private bank, not a part of government), as well as selling to foreign countries as " investments".
Loan creation births currency- something from nothing. Then we, the people, are responsible for paying back the government's debts- with interest- now at 1 trillion every 100 days.
Debts that can't be repaid won't.
But does the Fed not buy the bonds if needed, there is no default as such ?