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Nov. 12, 2022 - Health Ranger - Mike Adams

01:48:54

Situation Update, Nov 12, 2022 - The FALL of the CRYPTO CABAL (and the rise of honest money)

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	All right, I call this episode the fall of the crypto cabal I call this episode the fall of the crypto cabal and the rise of the crypto adults in the room.
	Yeah, wait till you hear this one because I've been doing a lot of research in this realm and I have an exclusive analysis to share with you that affects everybody even outside the realm of crypto.
	This is going to affect big time the 2024 election if we make it that far.
	Anyway, welcome.
	It's the Situation Update here for Saturday, November 12th, a special weekend edition.
	I'm Mike Adams, and I appreciate you joining me.
	So we're just going to jump right into this.
	But again, before you think that we're going to geek out on crypto, I want you to understand right up front, this has everything to do with the dismantling of globalism and the fall of the global cabal.
	Although, today we're going to talk about the fall of the crypto cabal, but it was, well, I believe it has ties to the global cabal, but we'll get to that.
	So, quick background.
	Quick background.
	So we're going to get into a quick background here.
	But first, let me tell you that the interview today is with Alex Cranor, who is a former hedge fund manager, an analyst, an author.
	And he has a very powerful message to share with us.
	I've already done that interview earlier.
	So I know what we talked about.
	And it's a very powerful message that's consistent with what I'm about to present to you here on the crypto side.
	So basically, Alex Cranor and I discuss the multipolar world of currency transactions, the end of dollar hegemony, but also then how America rejoins the global marketplace using a new global reserve currency that's backed by commodities, but also then how America rejoins the global marketplace using a new global reserve currency that's backed by commodities, which provides stability and wealth to the American which is in the process of being taken down.
	I know.
	It's a lot to swallow, right?
	So let me get into it.
	So first, some background.
	We're going to talk about two crypto exchanges.
	One of them is called Binance, which I believe is the largest in the world.
	And its founder is Changpeng Zhao.
	Or Changpeng Zhao, depending on how you want to pronounce it.
	Anyway, he's the co-founder and CEO of Binance.
	And as you can tell, Mr.
	Zhao is of Chinese ethnicity.
	I believe he's actually Chinese-Canadian.
	And Mr.
	Zhao is a very high IQ, very mature...
	And calm.
	I would say calculating, but not in an evil kind of way.
	Calculating, meticulous, detailed-minded people.
	I'm a leader of his firm, Binance.
	And in fact, what I'm going to share with you today is that the more I look into Mr.
	Zhao and Binance, frankly, the more impressed I am.
	And I'll tell you why here in a second.
	The other company that we're going to talk about here, which I mentioned yesterday and the day before, is, of course, FTX, which was founded by Sam Bankman Foundation.
	Fried?
	No, Freed.
	Yeah, well, he's fried now.
	But Sam Bankman Freed, a 30-year-old former multi-billionaire who vaporized something like $32 billion in assets just in the last week, leaving those who had invested money with FTX holding essentially worthless nothing.
	I mean, this guy has destroyed capital like no one else in the world.
	It's an astonishing story.
	This is the biggest collapse in the history of crypto, certainly in terms of crypto exchanges, and the ramifications of this are absolutely massive.
	But why does this matter?
	What does this have to do with you, even if you don't deal with crypto?
	Well, here's what was shaping up.
	Now, understand that Sam Bankman Freed, he and, I don't know, 10 or so of his college buddies, I think they were from MIT, and his parents are Harvard people.
	So he's tied in with that East Coast, excuse me, almost said East Colts, East Coast Freudian slip there, East Coast academic networking, let's just say.
	And you can fill in the blanks on that.
	He and the people around him represent kind of the spontaneous, youthful risk-takers, but also with arrogance and thinking they're going to dominate the world, but also tied into some very powerful investors such as BlackRock and SoftBank and so on.
	So I want you to understand the contrast here.
	So again, Binance with Mr.
	Zhao is mature, pretty conservative as far as crypto goes, follows the rules, has very strict KYC, which is know your customer rules, does a lot of communications with the public and is basically compliant with does a lot of communications with the public and is basically compliant with all the regulations and quite And then you have the FTX founder, Sam Bankman Freed,
	he and his college buddies who are just breaking the rules and they took billions of dollars in customer deposits and then they sent them over to their sister company called Alamater Research to make all these crazy risky bets, he and his college buddies who are just breaking the rules and they took And that's how they ended up losing billions of dollars.
	And they were printing their own tokens, which were called FTT, which is the FTX tokens, FTT.
	They were just printing these out of nothing and then pretending that these had incredible value in order to then use them as assets or leverage to borrow other forms of tokens or money in order to place these very risky bets.
	So in other words, this was a digital money printing machine on the FTX exchange.
	And they were essentially pilfering billions of dollars in customer deposits.
	So if you deposited your Bitcoin or your Ethereum or if you own some of their coin, the FTT coin, then they were just basically looting that from you and then using it To do their own risky investments with their college buddies who thought they were going to change the world and ended up just vaporizing everybody's money.
	Like, why are we not surprised?
	All right?
	So that's the contrast between the two.
	Now, here's where this story gets really interesting.
	So Sam Bankman Freed, he was the second largest donor to the Democrats in this midterm election, only behind George Soros.
	George Soros donated something like $125 million or $130 million, something in that range, to the Democrats, of course, almost all Democrats.
	Sam Bankman donated something less than that, but it may have been close or approaching $100 million, something in that range.
	So Democrats benefited strongly from this operation.
	And Sam Bankman promised that between now and the 2024 election, he was going to donate as much as a billion dollars to Democrats.
	And he said that on CNBC, by the way.
	So that's, you can look that up.
	That's out there on CNBC.com.
	Just look up his name, Sam Bankman, you know, $1 billion political donations, whatever.
	It's not 100% to Democrats, it's like 99.9% to Democrats, okay?
	So if you think about what FTX was, really, it was a counterfeiting, like a digital money printing slush fund for Democrats to create money from nothing in order to fund Democrat campaigns.
	And if you think about the kind of person that Sam Bankman is, of course, he's a lefty.
	He's a Democrat.
	His parents are academics in Ivy League schools on the East Coast.
	I mean, can you do the math here?
	And everybody he knows is a lefty.
	And he was handed, in some ways, this opportunity to To run this slush fund, I'll call it.
	Some people call it a Ponzi scheme in order to funnel money into the hands of Democrats so that they could win elections.
	Now, in contrast to that, you have Binance run by Mr.
	Zhao.
	Mr.
	Zhao, I could not find political contributions from Binance.
	But instead, now I'm not saying that they haven't made any, but what I actually found from Binance was a lot of donations, humanitarian donations.
	So they were donating medical equipment to Chinese people in Wuhan, for example.
	They were donating food and medical supplies to people in Ukraine.
	And they did a lot of other humanitarian type of donations, but I don't see any kind of record where they were strong politically in either side.
	Not Republican, not Democrat.
	None of that.
	It seems to me, although you can correct me if I'm wrong, I don't know the whole history of the company, but it seems to me that they kind of steer clear of political entanglements and they focus on humanitarian types of things.
	Binance and FTX were then really in competition for the top spot, the top crypto exchange in the world.
	So what did the globalists want to see happen?
	They wanted to see Binance crushed, and they wanted to see FTX rise to be the dominant player in this space, because FTX could donate a billion dollars to Democrats between now and 2024.
	So the globalists told their mouthpiece media outlets to attack Binance.
	And so Reuters did a major hit piece on Binance trying to expose them, and also Forbes, which is another mouthpiece for the globalists.
	Forbes has been, you know, always defending Monsanto and glyphosate, you know, and pesticides and everything.
	Pretty evil rag, if you ask me, but they attacked Binance as well.
	Now, by the way, just the other day when I was interviewing John Perez, he was saying that he thought Binance might be dirty and that Binance might be going down, although it was just kind of early information.
	John Perez was saying that based on the Reuters report, which was trying to say that Binance was funneling money through Iran in violations of economic sanctions.
	Well, it turns out I read the full rebuttal from Mr.
	Zhao, or he's known as CZ. I'll just call him CZ. That's easier.
	Tangpeng Zhao.
	CZ, the CEO of Binance.
	So he issued a rebuttal, which was quite compelling and comprehensive and basically dismantled the entire Reuters argument.
	And basically said that, yep, there were a very small number of users on Binance who managed to work around the rules and managed to transfer some money through Iran.
	And Binance caught them and shut them all down.
	It was like seven or eight people, and that's it.
	And it represents the tiniest fraction that you can imagine of total Binance volume.
	So it was a non-story.
	But Reuters went after them anyway.
	And Reuters is trying to take them down.
	Now remember, Reuters is tied into the vaccine industry, and the vaccine industry is also tied into Democrats, okay?
	And the left-wing media, of course.
	Sponsored by Pfizer, sponsored by Pfizer, sponsored by Pfizer.
	In fact, the CEO of Pfizer sits on, I think, the board of Reuters also.
	It's the same guy at different top positions at those two organizations.
	So Reuters and Forbes and other left-wing media outlets have been trying to take down Binance.
	At the same time, left-wing media has been trying to prop up FTX. So now it becomes clear that globalists want to destroy Binance.
	Globalists want to regulate crypto.
	They want to regulate it out of existence and they want to try to find excuses for doing so.
	Well, Binance, in the last week, what you witnessed was Binance taking out FTX. So, in other words, when I say the fall of the crypto cabal, FTX was the largest player, the largest participant in the crypto cabal that was a Ponzi-style player.
	Money engineering slush fund to funnel money to Democrats.
	And they just got taken out completely by CZ at Binance.
	And CZ took them out with just two tweets.
	Essentially just two tweets.
	Now, in order to understand that, you've got to understand that CoinDesk was able to do some digging into FTX, and they found that FTX's sister company, Alameda Research, had claimed something like $8 billion in assets that turned out to be just FTT tokens, which had claimed something like $8 billion in assets that turned out to be just
	FTT is the symbol, which are just printed out of thin air, essentially digitally created by FTX, and yet Alameda was counting that as assets.
	So that's the money printing scam.
	They basically just created a spreadsheet and just pushed billions of dollars worth of tokens into one of the cells of the spreadsheet and said, oh yeah, we have $8 billion.
	Here it is.
	Those are our assets.
	That was pretty fishy to a lot of people.
	Including Binance, which was at that time holding, I think, $480 million worth of FTT, the FTX tokens.
	And they had acquired those through some kind of agreement of a previous partner.
	I don't recall the details of that.
	You may know better than I do.
	But anyway, they were sitting on $480 million worth of FTT. So CZ, again, the head of Binance, publicly tweeted out, said, hey, I think we're just going to sell all our FTT because that seems kind of fishy, what Coindesk just reported over there.
	And if it wasn't Coindesk, it was someone related to Coindesk.
	But it was one of the crypto publications.
	So when Binance just did a whale of a sale of $480 million or so in FTT, of course that suddenly got a lot of attention.
	And other people started taking notice and thinking, oh my gosh, what does CZ know that we don't know?
	Maybe we should sell too.
	So everybody started selling or i.e.
	redeeming their FTT. In other words, going to FTX and saying, hey, I want to cash in my FTT and you got to give me, you know, green cash or dollar credits or Bitcoin or whatever else, but we're dumping the FT tokens.
	So all of a sudden, virtually overnight, the FTX exchange was underwater by billions of dollars.
	And even the Wall Street Journal reported that they were $8 billion short of customer redemption requests.
	Okay?
	It was at this point, and I hope I'm getting the details right on this.
	I'm explaining this the best I can.
	There are others who know way more details than I do about this, so I apologize if I don't get every detail correct.
	But this is my best effort.
	This is a good-faith effort to try to describe what went down.
	I apologize if I have any small details wrong.
	But basically, Sam Bankman...
	We contacted CZ and said, hey, do you want to buy us?
	Because we're broke.
	You want to buy us out?
	And Binance said, well, okay, we're interested.
	Show us your books.
	We'll take a look.
	And this was all reported widely in the press.
	It was reported on CNBC and Coindesk and a bunch of other crypto news publishers.
	I mean, it was extensively covered.
	So then roughly a day or so later, Binance says...
	Essentially, I'm paraphrasing, holy cow, we looked at their books, there's no way we're going to buy this company.
	And that was the second tweet from CZ. Basically, he said, well, we looked at their numbers, and due to, I don't know, regulatory risks or something, maybe liquidity problems, we're not going to exercise the option to purchase FTX. Well,
	that was the death knell for FTX. From that point forward, FTX just plummeted, and then they had to halt withdrawals, And then this contagion spread like crazy where everybody wanted out of everything that was even related to FTX. And it turns out there were 130 organizations and companies that had been created by FTX or Sam Bankman and the people around him.
	And the way we know this is because within about a day or so, FTX filed for bankruptcy.
	And in that bankruptcy filing, they named 130 organizations who Which is rather shocking to a lot of people.
	Now, as this was happening, the investment companies, the venture capital firms that had put a lot of money into FTX, they began to publicly write all of their investments off.
	I mean, one VC firm wrote off like $290 million and said, well, it can't win them all.
	Yeah, definitely can't win this one.
	It's gone.
	Now, FTX was valued previously at $32 billion, and Sam Bankman himself was supposed to be worth something like $16 billion just himself personally.
	Now, the company, as of this moment, is worth arguably zero.
	Sam Bankman is worth arguably zero.
	In fact, he's a liability at this point.
	He may be going to jail.
	He's facing...
	Serious, potentially criminal investigations beyond just civil investigations, because what he and his college friends did in this case has serious implications if the SEC considers these to be securities of any kind or maybe contract violations, all kinds of things.
	So this guy's in major, major trouble.
	But what actually just happened is that CZ at Binance not only took out his number one competitor or rival, which was FTX, he also dismantled the Democrat funding slush fund for the 2024 election.
	Because now it's done.
	It's zero.
	There's no money coming out of this system for Democrats in 2024.
	So then you might be wondering, well, whoa, whoa, wait a second.
	Is CZ, is he like a conservative?
	Is he a Republican?
	I don't think so.
	I don't think that's his position at all.
	But here are a couple of clues.
	Number one, he publicly offered to work with Elon Musk in the new Twitter to use Binance as the payment system for the new Twitter.
	And what that means is that CZ is quite comfortable working with Elon Musk on a free speech platform that is now about to favor conservatives.
	Well, I shouldn't say favor, but I mean at least grant them the right to speak.
	But Elon Musk himself said that everybody, well, at least independents, should vote conservative in this last election.
	And CZ was fine with that.
	He didn't say, oh, I'm not going to work with Elon Musk.
	He said, no, we want to integrate with Twitter.
	We want to be part of this venture with Twitter, even knowing that Twitter is about to be transformed into, at least in a rumored kind of way, into a platform where conservatives are going to be able to speak freely.
	So not only is CZ comfortable with Elon Musk and the new direction of Twitter, I'm just taking a guess.
	Some of you will know more than I on this, but it seems to me that CZ is actually kind of like a libertarian kind of person who believes in letting the free market operate, letting people do what they want, and letting the best ideas bubble to the top.
	That's kind of what Binance is based on.
	You can buy and sell all kinds of different currencies and you can do what you want within certain reasonable limits.
	You can't set up crazy margin accounts with Binance.
	That's actually a good thing.
	We don't want them to be offering margin to everybody because margin calls end up in cascading debt defaults.
	They don't offer margin trading.
	So, Binance, at least as best I can tell, seems to be kind of as fiscally conservative as you can be in the crypto space.
	Yeah, I think that's an accurate way to put it.
	At the same time, CZ is tolerant of Trump, by the way, because Trump had some comments about crypto when he was in the Oval Office, and he said that he didn't really think that it was a great thing.
	And CZ responded to that.
	He did not attack Trump.
	Instead, he just said that something like, well, you know, we all have a lot to learn or there are things that the crypto space can do to improve itself.
	You know, we can always make this space better, right?
	Which is a very mature response.
	So the way CZ comes off in all of this is, again, a pretty calm, cool-headed, thoughtful individual.
	And again, I don't know anything about his politics or his history or whatever.
	I'm not endorsing everything that he's ever said or done, okay?
	So just to be clear.
	But my impression...
	Is that he's a pretty thoughtful, very mature individual in contrast to the spontaneous, you know, unbounded, arrogant, young Sam Bankman and his cabal of crazy friends from, you know, from college.
	So what we know then is that CZ and Binance, they don't want to engage in viewpoint discrimination.
	They're not canceling accounts because people are conservatives and they're willing to work with Elon Musk and they're willing to coexist on a platform that leftists are fleeing because leftists don't want to be associated with anything that offers the freedom to speak.
	But CZ is not one of them, you see.
	That's critical.
	And CZ can probably coexist with Trump if Trump were to return to the White House in 2024 or whatever scenario might theoretically take place.
	Okay.
	So that's what we know right now.
	Again, to summarize, CZ at Binance took out FTX, which was a multi-billion dollar Ponzi scheme slush fund to fund Democrats in the 2024 election.
	And this is also why the globalist-run media was attacking Binance and trying to take them down.
	Now, I didn't know all of this until recently.
	In fact, I didn't pay much attention to Binance at all.
	But now that this has come to light, I've reached a couple of conclusions that I'd like to share with you.
	Number one, Binance as a company, I'm more impressed with them now than ever before.
	In fact, they just put out an email to their customer base that has a few key announcements in it that I'd like to share with you.
	And by the way, of course, Binance is not a sponsor.
	I don't have a Binance account.
	I don't do any business with Binance.
	I don't have a stake in this.
	But they said, quote, Binance.us does not and has never and will not touch or trade customer funds.
	Right?
	So that's what FTX did.
	That's what vaporized $32 billion in valuations.
	Well, Binance doesn't do that.
	Good to know, right?
	We do not lend customer assets or offer margin.
	Also very good to know because that's how you get in trouble.
	See, these younger, greedy, you know, Sam Bankman types of people, they get greedy like, well, let's just take a few billion out of here.
	No one's touching it.
	They won't know, right?
	And we'll just use the billions over here and then we'll make billions and then we'll bring it back.
	It's kind of like a car thief.
	Like, I didn't steal that car.
	I just borrowed it, you know?
	That's pretty much what Sam Bankman thinks.
	But CZ at Binance, he's like, no.
	We're the grownups in the room here.
	We're the professionals.
	We're not going to use your deposits.
	We don't do that.
	He also says, quote, we do not undertake proprietary trading.
	That's what FTX was doing with Alameda Research, by the way.
	That's what that means.
	And proprietary trading means things that will cause you to lose everything because you little arrogant pricks don't know what you're doing.
	That's basically what that means.
	And again, that's what happened to FTX.
	And then we do not take on any corporate debt.
	So a lot of these exchanges, they will claim they have assets, but the assets are just corporate debt.
	So they'll actually loan money.
	I'm not talking about Binance here, but there are others out there.
	I'm not going to name them, but there are others who will loan money to corporations, and then in exchange for that, they'll have corporate debt paper, and then they'll say, well, that's an asset!
	Because, you know, on accounting principles, it is.
	If a corporation owes you a billion dollars, then you have essentially a billion-dollar asset.
	But Binance doesn't do that because, of course, what can happen is those corporations, they go bankrupt and then they can't pay you, which, of course, is known as counterparty risk.
	So counterparty risk is what has been bringing down, well, the Evergrande property developer Ponzi schemes in China and elsewhere.
	Counterparty risk is also what brought down, well, Bear Stearns in the subprime mortgage collapse of 2008.
	That's all counterparty risk stuff, okay?
	And I'm not saying that there's no counterparty risk in Binance.
	There clearly is.
	If they hold your tokens, there's still some level of risk, but they don't then multiply that risk by taking on corporate debt and then telling you, oh, it's assets, right?
	That's crazy.
	So then in this email, Binance goes on to say that we continue to work towards becoming the most licensed, compliant, and regulated digital asset exchange in the U.S., Deposits, withdrawals and trading are all fully functioning.
	It's business as usual for Binance and so on and so forth.
	Quote, we are humbled by the confidence you have placed in us, and so on and so forth.
	And a little marketing blurb, they have 140 plus digital assets, 300 plus trading pairs, including free Bitcoin trading.
	Okay, well, I can do that in my offline wallet too.
	So 20 plus staking assets on the largest major U.S. staking platform, and so on and so forth.
	Okay, so there you go.
	That's what they say.
	Do I believe them?
	Do I believe that Binance is honest in this email?
	I do.
	I do.
	I do believe that they're telling the truth about their compliance because, again, if you read CZ and his principles because he's published his philosophy and everything, he's a very conservative financial type of person.
	I mean, he's not a risk taker, which is kind of unusual in the crypto space.
	He's not a risk taker.
	He's very, very conservative.
	He does strict compliance, all these kinds of things.
	This is fascinating to If we are going to see crypto actually succeed, and I vote for crypto succeeding, by the way, because I think we need alternatives to the central bank fiat currency printing systems, which are incredibly evil.
	And I've publicly stated what I like about cryptocurrency, especially the privacy coins such as Monero.
	I don't even know if you can trade Monero on Binance.
	I haven't checked because I don't have a Binance account.
	But I hope you can.
	I don't know if you can.
	But I like Monero for the privacy, and I have purchased VPN services using Monero just to make sure that I understood how it worked and everything.
	And I've encouraged everybody to understand how crypto works, even if it's just like $10 worth of crypto, just set up a wallet, transfer some to somebody, buy something with some crypto, just so you know how the system works.
	Because this is about crypto literacy.
	I think it's really critical.
	But here's the thing.
	If crypto is going to exist and not get regulated out of existence, then we need people like CZ, as far as I can tell.
	We need platforms like Binance that can help ease people into this process of understanding how crypto works.
	Now, those who are destroying crypto, in my opinion, are people like Sam Bankman and whatever other long list of lunatics took down, you know, Terra Luna and a long time ago, Mount Gox and whatever, people that stole wallets and fled to the Bahamas or wherever they went.
	Those are the destroyers of crypto.
	In fact, Sam Bankman, some people believe that he did this all on purpose in order to give the SEC a justification to drop some heavy, heavy regulation onto the crypto industry, which has been the SEC's goal and, of course, the Federal Reserve's goal for quite some time.
	But if crypto is going to be trusted and conservatively operated, it's going to be people like CZ who pull that off and, frankly, exchanges like Binance.
	Now, some of you might say, oh, well, this guy, Zhao, maybe he has ties to China and so on, you know, communist China.
	Okay, yeah, perhaps, but he's a Chinese-Canadian, and he's operating in the US and also around the world.
	He is the kind of person who transcends one national control system.
	So he doesn't have to obey any nation, it seems.
	He's kind of free to do what he wants, and he's laid out what he believes in.
	But secondly...
	This is going to be a hard point for a lot of people to swallow, and this is going to get into the interview that we have coming up with Alex Cranor.
	Okay, how do I even approach this?
	The dollar is...
	It has been exploited by the U.S. empire to carry out great acts of evil all around the world and also to loot the American people.
	The dollar is losing value at a rate that's almost 2% per month.
	If you really think about practical inflation, you're losing about 2% per month.
	The dollar's days are numbered.
	The dollar is going down.
	And with it, the U.S. empire, at least the cabal part of the empire that we have, That we know and probably hate is also going to implode at some point.
	There are other nations that are setting up a global trade system and international currency exchange systems that are based on commodities-backed currencies.
	And you, of course, have heard about this.
	It's the BRICS nations or the BRICS plus nations.
	The list of nations joining the BRICS Plus initiative is expanding by the day.
	And I told you yesterday about the Kim.com tweet talking about 12 more countries wanting to join the BRICS Plus initiative.
	Well, BRICS nations include, of course, Russia and China and India and South Africa and Brazil and so on.
	They are building a new global reserve currency that, from everything that I can see right now, looks like it's going to be truly an honest system of money and transactions and currency clearing.
	And what's important to understand here is that, yes, China is a communist country, no doubt about it, engaged in a lot of horrible evils like organ harvesting and things like that that we've talked about.
	But the one thing that the current regime in China, the one thing they understand is the way to maintain control in their country and not have uprisings and revolutions is to make people rich.
	Right?
	Because they have pretty much capitalism in China and as people are rich and people can afford to eat and people can afford to buy nice things, they don't rise up against their government typically.
	Right?
	As a universal rule, I mean, the uprisings happen when people are impoverished and starving, which, by the way, that's what's coming to Western Europe very soon.
	So China has figured out the way to maintain political control is to actually have a well-functioning economic system so that some significant portion of your population are pretty well off.
	I'm not saying that everybody in China is wealthy.
	That's obviously not the case.
	But enough of them are to where there's not mass uprisings.
	As a result of this, communist China, despite all the other evils that they have committed against their own people over the years and whatever else their horrific communist philosophy is, which is anti-God, obviously, it's an atheist system of totalitarian control.
	The one thing they absolutely do understand and they get correct is to to build trade systems that allow people to make money and conduct trade and collect wealth.
	I love.
	China understands that.
	And frankly, so do the other BRICS nations.
	So the BRICS nations are in the process right now, and of course an expanded list of nations, they're in the process of building an honest money global transaction trading and clearing system And yes, it involves Russia and all the other countries I mentioned.
	It even involves Iran, by the way, and Venezuela.
	They are going to topple dollar hegemony, and the dollar is going to become worthless.
	And I've mentioned this before.
	This is called Operation Sandman.
	And this is coming, and I've confirmed it multiple times, and you'll hear it again in this interview that I have coming up for you today.
	One of the most important properties of any kind of a global reserve system is that you don't dilute the value of the currency by printing money backed by nothing.
	That's what's happening with the dollar, though.
	Ever since 1971, when Richard Nixon took us off the gold standard, it's been nothing but endless money printing, which has allowed the United States to exploit this unique dollar hegemony position to export inflation and to, in essence,
	loot the other nations of the world so that America could receive the benefits of selling money that they just printed to other nations in exchange for goods and commodities and imports, you know, all those things.
	So this is how America became materialistically wealthy.
	It's because they were able to just print money from nothing, which ironically is exactly what FTX was doing.
	They were printing crypto money out of nothing and using it to fund Democrats.
	Well, guess what the central bank does in America?
	They print money from nothing.
	And then through the U.S. Treasury, the federal government uses that money to fund propaganda campaigns to terrorize the American people.
	For example, with mandatory vaccine pushing.
	The CDC had a multi-billion dollar budget to push vaccine propaganda through TV shows, comedy routines, movies, Hollywood, you know, podcasts, everything.
	That all came out.
	That was a FOIA request.
	That all came out.
	We have the whole list.
	I think that came out through Tom Fitton's organization, if I recall correctly.
	Although, I don't know, it might have been Dell Bigtree's high wire organization.
	They do FOIA requests too.
	So one of those two dumped all that data.
	So we know that money printing is one of the great sources of evil in the world because it dilutes the value of the wealth that people have already accumulated, and it allows corrupt governments to use that money to brainwash the public, terrorize the public, and also fund campaigns to rig elections and to punish their political enemies.
	So if there is a new world reserve currency that is actually backed by commodities, Where it can't just be printed out of thin air.
	That system is going to be much more stable and much more trusted than the dollar.
	And that system is coming into existence.
	And it's going to be run by, again, China.
	This is going to be a multipolar solution to world transactions and finance.
	China, Russia, India, Turkey's going to be in there, Iran, of course, Brazil, and so on.
	Eventually, the United States will have to participate in that system after the dollar collapses, by the way.
	And the positive upshot of this is that as long as that new world reserve currency system remains honest and is backed by physical commodities, which could be a basket of gold and silver, energy, oil, coal, grain, food, whatever...
	As long as it's something real, then they can't dilute it.
	They can't print money into that system.
	As long as that system is honest, every participant is going to do well.
	Every country can become wealthier, and every individual can Can keep more of their own wealth and not experience what is haunting Americans right now, which is food inflation, runaway food inflation, which is really just a reflection of the plummeting value of the dollar currency because of the massive trillions in printing that's taking place.
	You see?
	Now, what does all this have to do with Binance and Mr.
	Zhao and China and BRICS and all that stuff?
	Here's something that maybe you've probably never heard before.
	I believe that these crypto hubs, these crypto exchange hubs, are going to serve as gateways to this world reserve currency.
	So at some point, even though US banks would not let you purchase the BRICS world reserve currency, I believe that you will be able, through places like Binance, to purchase that World Reserve currency or tokens that are tied one to one, you know, basically representative tokens of the currency that exist on the blockchain.
	And this could become a very powerful asset storage wealth preservation system, a mechanism.
	And once that happens, and by the way, I think that will happen because of very clever people like CZ and others who will recognize the trillions of dollars in profit potential for making these connections because people want to keep the money they've earned.
	They just want to keep it.
	They just want to not lose the money that they've worked hard to earn.
	That's all.
	If you run a restaurant, you've worked your butt off to get a little bit of money.
	You'd like to be able to put it somewhere that it just doesn't vanish, right?
	What if you could put it in a world reserve currency backed by gold?
	Or backed by oil?
	Because everybody needs oil.
	Everybody needs energy.
	Or backed by whatever that's real.
	And what if you could just buy that through your browser?
	And you knew that was going to have value for centuries to come, probably, right?
	Not that anybody lives that long, but you get the idea.
	Well then, if that were the case, and if that were understood...
	Then people in America, they might get paid in dollars because that might be mandated by the government, but the minute they got their dollars, they would sell their dollars to buy this other world reserve currency through, you know, perhaps crypto hubs or other similar transactional hubs, maybe even through Twitter run by Elon Musk, just theoretically.
	And then the minute you did that, you know your assets are going to hold value there.
	So you got rid of dollars that are losing value and you bought assets that are holding value.
	Now, just to be clear, I'm talking about something that is coming in the near future.
	Right now, today, your best bet, in my opinion, to accomplish such a goal is to buy physical gold and silver.
	Those hold value or to have land or whatever the other things I've mentioned.
	But should this system that I'm describing emerge, you could then buy into this system and have your assets store value.
	Although there's still counterparty risk, don't get me wrong.
	You know, wars or whatever could still cause things to fail or power grid failures or EMP weapons or what have you.
	I get it.
	But at least you wouldn't be losing 2% per month of the purchasing power because you're holding dollars.
	So as more and more people might begin to do this, the value of the dollar would plummet even more.
	And eventually the dollar would just completely collapse because it would be repudiated by most of the nations around the world.
	They would say, we don't want dollars, especially if Saudi Arabia said, you don't have to buy oil in dollars.
	Goodbye petrodollar status, you see.
	And the Saudis through MBS, you know, they've already said, we're going to work with China.
	China is our priority trading partner.
	And again, like I said before, China understands commerce.
	China understands free market economics, believe it or not.
	It's almost crazy to think that because they don't believe in freedom of their people or freedom of speech, God forbid.
	But they do believe in some kind of economic efficiency, which is why they're building the next world reserve currency.
	It's also why they're stockpiling thousands of tons of gold, by the way.
	Do you have any idea how many thousands of tons of gold are going to Asia right now?
	A lot of it to China, most of it.
	But also Hong Kong and other countries because they're getting ready for the gold-backed new world reserve currency.
	So with that said, here's my overall understanding of where we are and where it's going.
	And one of the overarching concepts that's important to understand in all of this is that the fall of the authoritarian U.S. empire regime will occur when the dollar collapses.
	See, the U.S. Empire as it currently functions with the neocons and the totally corrupt State Department and all the lies and propaganda and bioweapons and everything, this system is going to come down.
	It is arguably the most evil system in the world.
	I mean, the U.S. Empire has political prisoners rotting in filthy jails in D.C. still to this day.
	I mean, they outlaw natural supplements and herbs.
	They imprison doctors.
	They've done it for decades.
	I mean, it's truly, I mean, they assassinate foreign leaders.
	They cause others to be indebted into, you know, World Bank and IMF obligations.
	The U.S. Empire bombs civilians around the world whenever it's convenient.
	The U.S. Empire bombs civilians in Iraq, for God's sake, which was entirely unnecessary.
	In fact, the U.S. Empire is the only country in the world that bombs civilian targets with nuclear weapons or atomic weapons in World War II, of course.
	And then the U.S. destroyed the Nord Stream pipelines that's going to cause people to die in Germany and Poland and France and Austria this winter.
	I mean, the U.S. Empire attacks civilian infrastructure targets.
	The U.S. Empire functions as a global terror organization.
	There's no exaggeration.
	That's the way they operate.
	And it's all made possible by money printing.
	The money printing is coming to an end.
	And when it does, the current government that is, of course, an illegitimate, rigged, I don't know, terror regime that has seized power that just occupies Washington, D.C., it's going to fall.
	And in its place is going to rise up a new America, the refounding of America.
	And when that happens, that new America is going to, one way or another, learn to play nicely with other countries.
	And they won't be able to just cut off Russia from the SWIFT system, for example, or to punish other nations with economic policies.
	Instead, America is going to have to engage in world trade.
	Using the new world reserve currency system, which means America is going to have to actually produce something and not just consume everything, which is what America is good at, consuming and consuming and consuming.
	But America is going to have to produce things, which is good for everybody, actually.
	And so the long-term prognosis of this is very positive.
	But in order to get there...
	The central bank has to be dismantled.
	The dollar has to collapse.
	And the cabal has to be dismantled.
	And all of that is going to happen.
	It's already underway.
	And I believe that the fall of FTX is just...
	Part of that, it's one chapter in that overarching action that is taking place.
	So, again, we're going to jump into the interview here shortly, but what you need to do, in my opinion, in order to make it through this transition is, of course, we've got to be ready for the collapse of the dollar.
	We've got to be ready for, you know, temporary shutdowns of transactions and banking systems, which means you have to have extra food supplies and all these things I talk about, medical supplies, backup communications, the whole deal.
	And, you know, I'll mention a couple of sponsors here in a second for some of those solutions, but it is critical to be prepared for a total collapse of the current system, but it will be temporary.
	Because out of the ashes of that system will rise up a new America.
	I hope the country stays together.
	I mean, it might break apart.
	We might have the Republic of Texas again.
	It's possible.
	But if America stays together and then reforms itself, then we could rejoin the global community and Oh, and by the way, Western Europe is going to have collapsed by that time as well, so there won't be much left of the West.
	So America will have to learn to get along with other nations and stop just being tyrants and terrorists running around the world bombing and threatening everybody.
	That's the only way that America knows how to conduct business for decades.
	Let's call it the Kissinger Doctrine or whatever you want to call it.
	That's what it is.
	It's just pure evil on a global scale.
	Well, the rest of the world is fed up with that, and they decided the easiest way to topple America is to just take down the currency, and that's exactly what's taking shape.
	So long term, it's good news for all of us to be able to participate in a global financial ecosystem that is rooted in honest money backed by commodities.
	And then once that takes place, whatever we produce, we can set aside savings, and those savings will actually be saved instead of being looted constantly.
	So that's what I believe is coming.
	Now, in the meantime, if you want to get physical gold and silver, because that's what works right now, and that has no counterparty risk once it's in your hands, there's no counterparty risk.
	Our sponsor on that, as I've mentioned before, is the Treasure Island Precious Metals and Coins Company.
	You can reach them at metalswithmike.com.
	And again, just to repeat, I don't earn any commission whatsoever on their sales.
	They sponsor us from time to time and they pay a flat fee, which we effectively invest into the Brighteon platform or running the publishing or what have you.
	But metalswithmike.com, incredible prices, the best inventory, availability that you'll find anywhere, and you can shop around, you can compare prices, you're going to find these guys are the best.
	They're trusted, no shenanigans, and they don't try to talk you into a bait-and-switch type of thing, like, oh, no, you need these other numismatic coins over here.
	No.
	Just ounces of gold and silver or hundreds of ounces or thousands of ounces, whatever you want, in your hands.
	Discreetly insured, guaranteed delivery.
	Boom.
	That's what they do and they do it really well.
	So that's metalswithmike.com.
	And in addition, as things go wrong and the power grid goes down and the cell towers go down, you're going to need backup communications, and you know our sponsor of that area is the satellite phone store, SAT123.com.
	SAT123.com.
	They've got SAT phones and satellite text messaging devices, and they have solar-powered generators, or i.e.
	storage devices with inverters and charge controllers.
	The EcoFlow brand is what they carry.
	So...
	Check them out if those solutions might be a good fit for you.
	And the final plug is ourselves.
	So we are running our early Black Friday event right now at the Health Ranger store, and we have Ranger buckets in stock because we made a lot of extra buckets.
	So miraculously, we were able to make it through two days so far without running out of inventory, which has been great.
	And people are buying these like crazy.
	We will run out in the days ahead.
	But they're certified organic, lab-tested ranger buckets, as they're called.
	You can find them at healthrangerstore.com.
	And we've got hundreds of products on sale, up to 55% off today and tomorrow.
	So healthrangerstore.com, if you want to get your hands on some of that stuff, we've got it in stock.
	We're shipping right now.
	We're going to ship more on Monday, Tuesday, and Wednesday of next week.
	Everything that we have in our store is in inventory in our warehouse in Texas.
	It's sitting there.
	I was just there.
	It's pallets upon pallets and pallet racks and aisles of pallet racks.
	And it's just like, wow, this is a lot of stuff.
	Well, we're ready to ship it to you, so you can take advantage of that now while we have it.
	And frankly, while the country still has diesel fuel, too, you know, because, well, controlled demolition of the energy infrastructure is underway.
	And so then, finally, before we go to the interview, you know how I called this episode the fall of the crypto cabal.
	Well, if you think about it, the bigger picture is that we're also going to witness the fall of the dollar cabal.
	I mean, that's the cabal.
	It's a dollar-denominated system of global corruption and tyranny.
	And it is about to be absolutely gutted.
	In fact, the entire Western system of central banks and debt and monetary control could be made obsolete if the right clever people introduce the right solutions that do not require central banks.
	And so I do believe that the technology of crypto, blockchain, peer-to-peer, decentralization, cryptography, and so on, those technologies have a key role to play in the future of human freedom.
	And when the central bank in the United States says, oh, join our central bank digital currency system, CBDCs, you need to say no, I'm going to say no, and I think half of America will say no.
	Do not join a central bank-run digital wallet system because it's enslavement.
	It's a trap.
	It's a surrender to tyranny.
	So I think you understand that quite well because you're on top of these issues maybe even more than I am in the crypto space.
	And again, I acknowledge that, by the way, I'm not an expert in the crypto space.
	I tried to give you my best understanding of it here today.
	If there's anything I said that's incorrect, please offer a correction in the comments beneath this video.
	I welcome it.
	I don't claim to be the super expert in this space.
	I'm just trying to do the best I can to give a presentation of how this works.
	But there may be details that I need to get corrected on, and that's totally okay.
	Completely understandable.
	With that said now, we're going to jump into the interview with Alex Cranor, and he has a lot to offer that is, I think, very much aligned with this message.
	So it's kind of a meticulous, it's a very thoughtful interview, not fast-paced, But it really gets into the undercurrents of what's happening in our world, so it's definitely worth a listen.
	So we'll play that, and that's going to wrap up the podcast for today.
	I won't have a full podcast tomorrow, but I will have one, of course, again on Monday.
	I may have some other special reports tomorrow, but...
	We'll see.
	I also have three or four other interviews that have yet to be posted, including one with Seth Holhouse and some other people.
	So watch for a lot more interviews to go live, I think, early next week on my channel on brighttown.com.
	All right.
	Thank you for listening.
	And here's the interview with Alex Cranor.
	All right, welcome folks.
	This is Mike Adams here, the founder of Brighteon.com, and today we're joined by a new guest, but a very special individual.
	I've seen him on other programs, including, I believe, with Gonzalo Lira recently on his roundtable.
	Our guest today is, he's an author, he's a former hedge fund manager, and he's got a vast amount of knowledge on issues ranging from Sort of the shift to the multipolar world, currencies, the Ukraine-Russia situation, American imperialism, and so much more.
	His name is Alex Cranor, with a K, and he joins us now from Europe.
	Mr.
	Cranor, thank you for all that you do, and thank you for joining me today.
	It's an honor to have you on.
	My pleasure and privilege, Mike, and my warm greetings from Monaco to your listeners.
	Well, welcome.
	Yeah, so it must be very late there in Monaco right now, but we've got a lot to talk about, so thank you for taking the time.
	Now, let me start with a big issue that is in the news recently, where more nations are announcing they're joining the BRICS Plus initiative, and the Saudis are really favoring, it looks like, China engaging in trade.
	And currency settlements with China.
	And so you have Russia, China, the Saudis, it looks like Turkey, Iran, Venezuela, and so on, that are going to form a new global reserve currency.
	And the petrodollar status looks like it's very limited in its life.
	So I'm just throwing all that out there right now.
	And you can take that and say whatever you wish about those topics.
	Well, I think it's one of the most important topics to pay attention to today because there really is a new world emerging and the These Eurasian integrations are happening in earnest and for real.
	On Wednesday, 26th October this year, in the Valdai Forum in Sochi, in Russia, Vladimir Putin said that, you know, this project is on track and it is irreversible at this point.
	And I was also invited to speak at a conference in Baku, Azerbaijan.
	It's the capital of Azerbaijan on the Caspian Sea.
	And this was called the 15th Verona-Eurasian Integrations Forum.
	And so I spent two days.
	I've never been to this event before.
	I've never been to Azerbaijan.
	I've never been to the Caspian region.
	And I have to say, I came away with very, very positive impressions because for two days there, there was a A lot of people, not a small number of Westerners as well.
	And discussions were very high-quality discussions.
	Fairly high-level, high-quality, high-caliber of participants.
	And it was all about concrete challenges of developing societies, economic development, technological development, building up of infrastructure, Advancing food production, new payment systems,
	new monetary standards, a really intelligent discussion about the role of technology in society, which we in the West, I think, kind of just...
	We always take for granted that technology is awesome, that everything new is awesome, and we always...
	We have this infatuation with innovation really without asking ourselves what it's good for.
	So we sink billions and billions of dollars into things that have a two-week shelf life and then, you know, nothing comes off it and nobody benefits really.
	You know, the usual unicorns that are with us for the last two decades.
	And so the thing that struck me the most as I came away from the conference is the contrast between the optimism that was underlying all of these discussions.
	You know, like all these people were talking about real problems.
	In a way, nobody was up there on stage talking about how huge it's gonna be, how awesome it's gonna be.
	It was just underlying everything in the discussion.
	These people are looking forward to the future.
	They expect better life.
	They expect greater prosperity.
	And it was woven into all of the discussions that were taking place there.
	May I ask you from what other nations were these people from?
	What other nations do they represent?
	Yeah, sure.
	So there was a lot of people from Azerbaijan, obviously, from Russia, from Iran.
	There were delegates from France, Germany.
	There was like a boatload of Italians there.
	There was one man from Croatia that was me.
	And there was at least one American there and, you know, other people from many other Eurasian countries, you know, India and China and so forth.
	So it was a fairly diverse group of people.
	Could I ask you, what was the sense, not necessarily in terms of the actual speaking, but private conversations, what was the sense about America from this international point of view and what America is doing with its currency or with Nord Stream pipeline destruction or with war and so on?
	What was the overall perception of America among this crowd?
	Well, you see, the interesting thing about this is that there wasn't much discussion about any of that.
	You know, there was no talk about East-West divisions.
	There was no talk about war ideology.
	None of these divisive issues.
	In fact, I spoke to the American delegate to the conference who was also speaking there, and he told me that the organizer specifically asked him not to criticize the United States in his remarks because he's kind of...
	Writing, and he's known to have very critical stance about the United States foreign policy.
	And I think that the reason for this is because these people have a very long-term vision.
	And I think that whatever is going on today with the Biden administrations, with the neocons raging in the State Department and the Pentagon, that the long-term future will inevitably have to Include the United States.
	United States is still one of the leading global powers.
	And I don't think anybody there was busy fulminating against the Biden administration about NATO. They were talking about social and economic development, basically.
	Nothing about all these other ideological things or geopolitical divisions.
	Now, is it widely understood?
	And by the way, I apologize for talking over you, but there is a substantial delay in our bandwidth here.
	So we're going to have to be careful about not talking over each other.
	So I apologize for that.
	But was there a general understanding that the new global reserve currency of the BRICS nations is rapidly becoming a reality, and is it going to be in the way that we understand, like a portfolio of commodities backing the currency, which would be a transactional clearinghouse that does not involve any demand for dollars whatsoever, that it's a parallel system, China, Russia, Saudis, Turkey, you know?
	Is that generally understood, that that's all real and that's happening?
	I think that this is generally understood, but this wasn't discussed in the conference.
	I think that the new reserve currency and the new clearing mechanisms are probably being worked out at a fairly high level between the countries that are involved.
	I think that not a lot of this is going out public.
	What I understood, but not from this conference, what I understood is that the Russian and Chinese diplomacy has been signaling other nations who are interested in joining their trading bloc That they're welcome to join, that their currencies can be part of the basket of currencies that are going to form the new reserve currency and the new trading currency.
	And also, what I heard is that they've signaled to all of these nations that they will not be penalized.
	If they decide to default on their debt obligation to Western financial institutions and that they would also not be penalized.
	Oh, wow.
	Yeah, that's pretty huge.
	And that they would also not be penalized in case they decide to renationalize their industries and resources.
	So, you know, if you're an emerging nation, you know, if you're a Brazil, a South Africa, Argentina, Egypt.
	And you're being squeezed by the IMF, by the World Bank, by Western financial institutions on the one side.
	The cost of your US dollar denominated debt is going up every month.
	And your creditors are bleeding you dry.
	And on the other hand, on the other side, they're telling you, hey, you know, we can trade on a fair basis and you can take, you can, you know, forget all these debts, you can just default on them and you can re-nationalize your national resources, your nation's resources for the benefit of your own population.
	Well, you know, that's like a big juicy carrot on the one side versus a big stick on the other side.
	So it's no wonder that so many nations, and I think the list is getting longer and longer, so many nations are now vying to join the BRICS club and to also join the Shanghai Cooperation Organization.
	But on top of that, when the Western nations...
	Shocked Russia with the economic sanctions and cutting Russia off from the SWIFT system.
	That sent a very powerful message all over the world to all the nations to say that if we don't like your behavior, we being the West, if we don't like your behavior, we are going to essentially de-platform you from the global transactional clearinghouse system,
	which is SWIFT. And it seems like from what you're describing right now that the BRICS arrangement is at least presenting itself as rather forgiving and saying we're going to be fair, open, transparent, inclusive even.
	And, at least it seems implied, we're not going to try to micromanage your own country's behavior.
	You are welcome to participate in this system as long as you have resources.
	Is that kind of a correct overview, or am I missing something?
	No, I think your overview is entirely correct.
	And I can also say that In a different conference that I participated in a few years ago, in 2018, there was A large delegation of people from African countries.
	This was in Germany before Covid, before the Ukraine war and so forth.
	And a bunch of these discussions were about Chinese investment in Africa.
	And, you know, in the West, this is all being framed as China.
	They're setting up dead traps for African nations and then they're gonna basically Plunder them when they default on the Chinese debt.
	However, all of these All of these presentations and panel discussions were very, very positive.
	And all these African peoples were speaking about Chinese investments as something that's really changing their lives.
	And I was a little bit surprised because, you know, I kind of bought into the Western narrative that China was kind of setting up these debt traps for African nations.
	And then I, you know, I spoke to many of these, you know, privately, I spoke to many of these African And they all, to the last one of them, told me, no, man, this is a real difference.
	African people, for the first time, are looking forward to the future with optimism, and their lives are visibly improving, and that they are excited about what is going on.
	And then later on, I found out from a research paper from Johns Hopkins University, where they tallied up Something like two or three thousand Chinese loans to African countries over a period of 20 years.
	And they didn't find a single case of the Chinese repossessing African resources or assets on account of their failing to repay the debt.
	So I think that, you know, the Maybe this will shock you, but I think that the narrative we're getting in the West is false.
	They're lying to us about this as well.
	That doesn't shock me one bit, because they lie about everything.
	Yeah, I know.
	I was being sarcastic.
	Of course, I've interviewed John Perkins in the past.
	Yeah, I know.
	I know.
	Yeah.
	But I interviewed John Perkins years ago, Confessions of an Economic Hitman.
	And I know you're familiar with his work, but of course, he described the way that the West and the World Bank and the IMF go in and they do...
	compromise developing nations.
	They get them into a debt trap.
	They assassinate leaders or they bribe them or they have sex traps or blackmail.
	Basically, it's the whole Jeffrey Epstein thing kind of that's been running all over the world out of U.S. imperialism for a very long time.
	So the fact that you're saying that in this conference that people just wanted to figure out how we can grow food and engage in trade and live lives and so on, no wonder there's a sense of optimism there because I believe that humanity can experience incredible abundance if we would just stop the crooks that the thieves, The government terrorism, you know, the money printing, the theft of the money.
	If you just let people grow food and keep what they earn, everybody becomes wealthy over time.
	You know what I mean?
	It's natural.
	Yeah, that is correct, Mike.
	And I've been kind of obsessed with this problem, with this Exactly what you're describing.
	I think since my teenage years, you know, I grew up in socialist Yugoslavia, but, you know, we were kind of open to the West.
	And I remember when I was like, I think I was about 16 years of age.
	And Sting went to the Amazon and he wanted to kind of raise awareness about deforestation and to stop the deforestation and to protect the indigenous communities there.
	And, you know, like, that all sounded awesome and nice and wonderful.
	But even back then, as a 16-year-old living in the communist world, I kind of understood that Sting's efforts were futile.
	I've always thought, why is that so?
	Why is our culture so pathogenic?
	We create misery at home and mayhem abroad.
	You know, our systems themselves, you know, they have periods of prosperity and development, but then they have these endless periods of crises, and we create enormous quantity of trash and pollution, and somehow we converged on this state of permanent war.
	We're always at war.
	Where is this coming from?
	How is it possible?
	Especially given that nobody you know likes war, Everybody likes clean environment.
	Everybody likes to like people around them.
	So it's not that we are the pathogens.
	It's that the system somehow creates this pathogenic dynamic.
	And, you know, I've been obsessed with this question most of my adult life.
	A lot of the research that I have been doing through my life and having worked as a hedge fund manager has kind of helped because the bulk of your job is constantly doing research.
	And so I traced the origin to this dynamic to the monetary system.
	That, you know, we've had now for something like 500 years.
	And, you know, we started with this fractional reserve banking, which is basically banks cheating, lending out money that they don't have and charging interest back on it.
	So this has been done since at least the 1300s in Europe.
	You know, it was the so-called Lombard banking system That the Venetians originated and then it took over in cities like Venice, Milan, Florence, Naples, and Genoa.
	And then these bankers even funded The expeditions to South America from Spain, the Spanish, you know, the Spanish conquistadors to go across, and they basically ended up destroying three civilizations there, three indigenous civilizations, and causing mass depopulation there.
	And plundered practically all of their wealth in gold and silver.
	And this very same system of banking, the same monetary system, has then continued to evolve and propagate itself.
	They migrated to the Netherlands, set up the Bank of Amsterdam, and then they migrated to England.
	They set up the Bank of England.
	The Bank of England was established in 1694, and over the next 120 years, England prosecuted fully 18 officially declared wars against France.
	So England was practically nonstop at war.
	And it probably spent about half the time in crisis, like, you know, recessions, depressions, bank failures, all of that.
	So everything that we're experiencing today is kind of symptomatic through history of this very system.
	And the only way that it can sustain itself is by constantly plundering abroad so that it can, you know, like...
	Exactly.
	Yeah.
	And, you know...
	One of the people who are in charge of this, and so I always like to point out to people, this is not an American empire, really.
	This is the vestige of the British Empire, which has about a century ago, simply, as they imploded, they moved overseas to the United States.
	And then co-opted and infiltrated the American structures of power.
	And from that point on, they basically used the United States to continue building their empire.
	But it's not an American empire.
	The empire is simply a system of vested interests that goes around the world and plunders nations.
	And the benefit accrues to a very, very narrow circle of these vested interests.
	And everybody else is worse for it.
	American people, their prosperity has been squandered.
	The wealth of the United States has been basically squandered on these imperial projects.
	And even the people in Britain, 20% of them live in poverty.
	One in 25 children doesn't have enough to eat, and so on and so forth.
	So it's always misery at home, mayhem abroad.
	Well, right, but let me add to that.
	I completely agree with your assessment, but I need to add that then the way this is enforced is through government-sponsored terrorism of the people.
	So governments collude to unleash crises, such as COVID, for example.
	Or wars.
	I mean, you just gave an example of the British government just waging endless war.
	That's always the best excuse to keep your own people in line, because anybody who then questions the government can be said to be anti-patriotic.
	Just like today, right now in America, if you question anything to do with the Biden regime, they say you're a Russian Putin puppet.
	Which is absurd.
	It's nonsense.
	Like, no, we're talking about you're printing too much money.
	It's not a Putin issue.
	It's a fiat currency issue.
	But you see, war is the number one excuse.
	And now they've come up with all kinds of new ways to terrorize people.
	And I don't know if you've followed this, but in America, they're burning down a lot of food distribution hubs.
	They've shut down a lot of oil drilling.
	They're shutting down coal plants.
	They're creating energy scarcity.
	The diesel has almost run out across America.
	And America has destroyed the Nord Stream pipelines, or at least segments of them, so that Western Europe has plunged into a crisis as well.
	It's like, wow, you know, with governments like that, who needs enemies?
	Well, exactly.
	So you got it 100% spot on.
	This is, you know, the wars abroad are also handy to keep the populace at home in check because, you know, war is that kind of emergency that allows you to rule by decree and outside of law.
	And anybody who opposes is accused automatically of insufficient patriotism, working for the enemy and so on.
	They can easily be silenced and done away with.
	And so, you know, I believe that probably a lot of your listeners perfectly understand all this.
	And I think that more and more people, especially after this COVID pandemic, I think that the percentage of people who are waking up to the way that the governments are abusing their power is now grown so significantly that It's no longer a question of whether we believe our governments.
	The question becomes like, what do we do about this?
	Because we have to do something about it because, you know, acquiescing and passively going along with this because maybe, you know, maybe it's the line of least resistance is unacceptable because we're going to end up We're not turning over to our children a world that's not worth living in.
	We're going to give them a dystopia.
	So we have to overturn this system in some way.
	That people don't misunderstand.
	I'm not calling for a revolution or a violent uprising.
	But we do have to question the origins of this.
	You know, basically, we have to change the operating system of the society.
	You know, we have to find what is this parasite that has perverted the functioning of the system, and we have to root it out.
	We just absolutely have to.
	But it seems to me that we are now circling back, actually, to where we began this discussion because I think a lot of this corruption comes from the fact that the U.S. had the world reserve currency status and could therefore print unlimited money,
	export inflation, and ultimately shift production and commodities to other nations, while the U.S. becomes or became a hub of financialization and debt creation, which is not really the basis of an actual economy.
	But as this system comes to an end because of the BRICS nations and the new world reserve currency, ultimately North America, not just the U.S., but Canada as well, is going to have to recalibrate itself and figure out how to offer value to the global economic trade system.
	And it has to be something that's real, not just debt instruments, right?
	Because the days of, here, trade me IOUs.
	I mean, I'll give you IOUs and you give me tennis shoes.
	Like, that's coming to an end.
	Yeah, I believe so.
	And, you know, that's...
	That, I think, is the good news because I think that the United States has always been one of the greatest engines of dynamism in this world, you know, one of the most powerful economies in the world.
	So the United States has a lot to offer to the world.
	And I think that this is the reason why I think that the long-term vision of these Eurasian integrations do not exclude the United States.
	To the contrary, they are probably looking forward to the United States joining the party.
	And also, for people who have maybe observed Russian foreign policy over the last two decades, they would have noticed that The Russians, and particularly President Putin, have been very, very careful to cultivate the best possible relationships with the American administration.
	Well, this has all fallen apart with the Biden administration, but I think that it's the Biden administration and the neocons in the State Department and in the Pentagon that are Maybe the last obstacles to the United States rejoining the world as an economic superpower and a republic and a place that everybody wants to
	join hands with again.
	That is a really valuable perspective.
	I'm so glad you mentioned that.
	And I think it underscores the need to dismantle the neocon system You know, get these crooks out of power so that the United States can participate in sort of an economic recovery, I don't know, resurrection, you might say, for the world.
	Because we, you know, of course, I'm an American.
	I live in Texas.
	I understand we have no economic future if we don't start actually producing things other than debt.
	And financialization, just, oh, here's derivatives, stacks of paper with assigned values, give me a break.
	But yet we have a regime in charge right now that is utterly destroying our infrastructure, like tearing down energy, tearing down food, tearing down our election systems, our election integrity, just literally tearing down the country and it's like how much damage are they gonna do before they stop and wouldn't it be interesting if America is saved by other nations around the world?
	Wouldn't that be wild?
	Well, I think it's very interesting that you mentioned this because I think that this is already perhaps even happening Okay, so I'll just go back to 2017, because at that time I published a book called Grand Deception.
	And so Grand Deception was generally about the historical relationships between Russia and the United States.
	What triggered me to go into writing that book was I kind of became privy to certain events around a man called Bill Browder.
	Bill Browder was the manager of the largest foreign-owned hedge fund in Russia in the 1990s.
	And he was the man who lobbied.
	The infamous, I think we have to say the infamous Bill Browder.
	Exactly.
	We have to use adjectives.
	He's not a household name exactly.
	To set the proper frame.
	Yeah, but it is the infamous Bill Browder.
	And Bill Browder concocted this utterly fraudulent story, which he used to lobby through the US Congress, the so-called Magnitsky Act.
	And the Magnitsky Act, you know, is an abomination of a bill, but it has nevertheless been passed to U.S. Congress.
	And it's deemed now as the, you know, as the opening salve of the new Cold War against Russia.
	Right.
	I.
	Knowing what was going on, I became very concerned that if these people, whoever is backing Bill Browder, because it's not just him, you know, he's a possibly member of, you know, he probably worked for MI6.
	He has powerful backing in London.
	the HSBC Bank, Foreign Office, the British Intelligence, possibly CIA and so forth.
	And I realized that if these people have their way, They're going to push us straight into World War III between West and Russia.
	And my inclination was try to unmask these networks.
	And so I started digging into it, and lo and behold, I found that, you know, the historical relationship between Russia and the United States has always been very close and very friendly, the common enemy being the British Empire, right?
	Because that's, you know, A lot of Americans don't even remember, but when you celebrate Independence Day, it's independence from Britain, not from...
	I watch people going on the street and saying, hey, we're celebrating Independence Day, who are we independent from?
	And nobody seems to know anymore.
	It's kind of been scrubbed from history or people don't pay attention.
	You know, I also found out that...
	Well, but I mean, just to be clear, you know, Mark Dice videos and things like that, you can go onto the streets of America and you can ask the average American, what continent are you on right now?
	And they won't know the answer.
	So expecting them to understand history, oh, forget it.
	Like, that's impossible.
	Yeah, exactly.
	The dumbing down has been so successful, it's off the charts.
	It's been successful and it's been done for a reason, and it's been done deliberately.
	And basically, you know, when British Empire changed headquarters and moved from You know, infiltrated and co-opted the United States, then they also scrubbed the history of the United States.
	And so people don't know today that, you know, the Civil War that was fought in the 1860s in the United States was a major global geopolitical event where the British Empire wanted to partition the United States because they were afraid that the United States would become the big rival that they couldn't counter anymore.
	So they felt like, hey, let's break up the United States, make it two small countries.
	Both of them are rivals.
	We'll pit them one against each other.
	They'll exhaust themselves fighting one another.
	And we'll provide arms and weapons and loans to each, and they'll be always our debtors.
	They were damn close to succeeding in this until in 1863 the Russian Tsar Alexander II sent his Baltic fleet to New York and his Pacific fleet to San Francisco and they anchored in front of New York and San Francisco for six months and preventing England and France from intervening in US civil war and partitioning the United States.
	So the United States as a nation It was preserved as a Union thanks to Russia.
	Most people don't know this today, but you know, the whole of the...
	Yeah, I have heard that before, but I'd forgotten that.
	You're exactly right.
	That's something we are never taught in school.
	That's right.
	And so for the whole of the 19th century, Russia and the United States were allies.
	If you attain a correct understanding of history and put events into their proper perspective, Russia and the United States are natural allies.
	They should be allies.
	So this friendship and this alliance that has been deliberately destroyed by the agents of the British Empire I think we'll have to be patched back up together.
	And so, going back to your point that wouldn't it be funny if a foreign nation actually ended up saving the United States?
	It wouldn't be the first time, you know?
	And there's a...
	I don't know if you're familiar with the name Edgar Cayce.
	Sure I am, yes.
	Yeah.
	And so he said that the rebirth of humanity, the emancipation of humanity is going to originate from Russia.
	And he said that in like 1920s or 1930s.
	And when I read that, I thought like, huh, okay, whatever.
	You know, one of those things that people can say, but I think that as I observe events that are taking place today, It could be that his prophecy actually comes to be true again.
	Interesting.
	Wow.
	Well, he has a lot of other prophecies that apply to the United States as well, such as changes in ocean water levels and things like that, so we could be in for quite an interesting time.
	But continue, please, because the big question that people want to know, kind of the implied question when we do interviews like this, is the audience basically is saying, tell us what's going to happen.
	And why?
	That's kind of the implied question.
	Where do you think all of this is going?
	I think that we are inevitably going into a protracted crisis of stagflation.
	So the economic and financial crisis are going to be getting worse.
	I think that the United States might not have it quite so bad as Europe will.
	Because the United States as a system is a lot more robust.
	You have the federal government, but you also have state governments that are actually quite powerful.
	You have democratically elected sheriffs who serve their own communities.
	So whatever problem there is with policing in the United States and law enforcement is still not entirely corruptible as it is in European nations.
	You have the Second Amendment, so people are not completely defenseless and they can push back against tyranny.
	And I think that you also have a really significant process of awakening going on among the people.
	So I think the American people are going to be able to weather the storm a bit better than other people in the West.
	I think that Europe is in for a really, really rough, bumpy ride.
	Britain, I think, is going to go back to being a fairly insignificant island nation.
	And I don't know what becomes of Japan, but I think that Japan also will have to join the Eurasian integrations as a trading partner, which they can.
	I think that for ordinary people, you have to know that you have inflation coming your way, that the purchasing power of your savings It's going to gradually evaporate, with the possibility of, at some point, this process accelerating considerably, and then they might evaporate really fast.
	My hedge fund career involved eight years of managing an inflation hedging portfolio.
	I spent those eight years really researching a lot into inflation and how people should protect their portfolios and their purchasing power from inflation.
	So I can say a few things.
	Far and away the best hedge against inflation is exposure to commodity prices.
	The second best hedge against inflation is farmland.
	And then you can do certain things that, you know, will maybe help you through the rainy days.
	It's always a good idea to own some gold and silver bullion, preferably in coins, you know, not like little bars that can be fake.
	But coins that had been circulated in the past is real money.
	You want to downsize your living arrangements.
	Usually in inflation, the cost of living goes up higher and the cost of housing Tends to go up quite high, you know, it tends to accelerate.
	So you want to maybe simplify your living arrangements.
	So you don't want to be living in a mansion.
	You don't want to keep very high cost standard of living.
	And you want to maybe, if you have a piece of arable land, you might want to learn how to use it.
	If you live in one of those food deserts, you know, because I know these retirement communities in the United States, they look wonderful.
	They're like beautiful, comfortable, spacious houses around the golf course and so forth.
	And then the only source of food is the Walmart, which is like 20 miles away.
	And there's no other market.
	So you might want to think to develop food markets, farmers markets in your communities and so forth.
	Take steps to be able to weather the storms that are coming, to make it possible for people who do grow their own food, who have, you know, like...
	Have orchards and vegetable gardens and maybe some chickens and goats and so forth to have a place to trade it.
	And you have to consider secondary currencies, whether it be time banks or whether it be local and regional currencies.
	But you have to kind of think about the day where maybe your ATM will no longer be Giving you money where maybe your bank account becomes blocked.
	You want to have the ability to bridge maybe a period of time that could be two months, three months, maybe even longer, with a little reserve of cash that you can exchange for things, with some reserve of food and maybe some ability to grow your own.
	So, anyway, you know, that would be...
	This is great.
	Go ahead.
	Yeah, I'm sorry.
	That's very wise information, Alex.
	But let me ask you kind of the follow-up question to that, which is that once this global recalibration of currencies takes place, won't that, in effect, drive Americans into a much lower standard of living compared to what they've been used to?
	Because they've been living on debt.
	They've been living on exported inflation.
	In other words, the rest of the world has been driven into lower standards of living.
	As a cost of accepting dollars.
	So when dollars are no longer able to be used as the dominant hegemonic currency around the world, The typical American is going to suffer inevitably, even beyond what they lose in terms of dollars in the bank accounts and so on, but just their ability to purchase things.
	They're going to have to spend more hours working to purchase the things that they need to survive, food, housing, shelter, transportation, and so on.
	That is going to be a psychological recalibration that will be traumatic for the American people because they've always been told that we're number one.
	The world answers to us.
	I mean, we have a baseball series in this country where the champion of the baseball teams that play each other across the United States, it's called the World Series.
	It's got nothing to do with the world.
	I mean, it's an American baseball game.
	They call it the World Series.
	But you see my point?
	There's such delusion that America runs the world that that's not going to be true much longer.
	Your comments.
	Well, Mike, I think that what you're describing is already happening largely.
	Americans are already having to work two and three jobs and very long hours to be able to afford a lifestyle that they are used to.
	And a lot of them are not succeeding.
	A lot of them are failing.
	So I think the process of...
	Restructuring of the economy must already be underway.
	Except that I think that we're still under the illusion that the government is going to fix it, that if we vote for certain candidates versus other candidates, that things are going to get better.
	I'm not sure that they are, because this crisis has a momentum.
	It's like a slow-motion train wreck, and it's not going to un-wreck itself by some miracle.
	Far too many imbalances that are already plaguing the system.
	There's been far too much misallocation of wealth and resources.
	It's not that the wealth and resources are not there.
	They are.
	They're just being squandered on dumb political projects, on creating the surveillance states, on sinking trillions of dollars into vaccine programs and All these idiotic projects that are decided by some politburo on an ideological basis without wondering what that does to the living standards of the people.
	The solutions are going to have to come bottom up because everywhere in nature always the intelligence agencies act I'm not meaning intelligence agencies as a CIA, but the nature's intelligence creates solutions bottom-up, never top-down.
	Top-down is the communist, socialist, Soviet system which has already had its track record and it failed everywhere where it was tried.
	Prosperity comes bottom-up and I think that People already have to start thinking about this.
	The American people used to be known as the nation of readers in the 19th century.
	People read, people were educated, people discussed.
	All of this has been dismantled on purpose by this same empire that needs obedient drones and not thinking individuals.
	But we, you know, To have a life that we want.
	To have a good life.
	We want to be thinking individuals.
	So, you know, there you go.
	We're having this conversation.
	People are listening.
	People are discussing between themselves.
	People are reading and researching.
	And all this is happening as we speak, you know.
	And I couldn't think of a better metaphor for that than, you know, Confucius.
	There's a Confucian saying that says, a big tree falls with great noise and destruction, but the seeds grow silently.
	And what that means to me is that what we see now everywhere around ourselves is these old structures collapsing on themselves.
	And they're collapsing in a way that's very noisy, that's very scary, that's kind of almost monopolizing our attention.
	But what we don't see is that there's tens and hundreds of millions of these seeds growing.
	And it's every individual among us who is thinking, who is now questioning things, who is researching and reading and discussing with those around them, and who is thinking like, well, we have to come up with better solutions.
	And people are extremely creative and clever.
	And when they decide that they need new solutions, they are going to come up with them.
	The problem is that now, for decades, we didn't think we needed the solution because everything was so awesome.
	Just like, you know, enjoy life and passively acquiesce to what the experts and the people in power are saying.
	But we're seeing the sunset on this system.
	And for all these reasons, I'm very optimistic, in fact, about the future because all of these millions of seeds Are growing as we speak.
	And I think that's a good thing.
	And with time, we'll see evidence of that taking shape.
	So if I could just summarize this, because we're about to wrap this up, and I also want to give you an opportunity to tell people how they can follow you on Substack and Twitter and so on.
	So be ready to share that.
	But if I could summarize, I think what you're saying is, yes, we're going to go through turmoil.
	We're going to see old systems erode.
	It's already begun.
	We're going to have to be prepared for the transition.
	It's going to be tough on some people.
	But when it's all said and done, humanity can achieve a new era of prosperity on the other side of this.
	And there are a lot of good minds working on those solutions right this very minute.
	Is that a pretty fair summary?
	Yeah, that's absolutely the spot-on correct summary of what I said.
	Great.
	Okay, good.
	See, I'm listening.
	I am listening and trying to structure what you're saying, and so I'm just feeding it back to you to make sure it's right.
	Well, that's a really great message, and I think you're right on track.
	I actually agree with that message, and I guess at the end of the day...
	The only difference is people bickering about the details of when and how and what it looks like.
	But the big, broad strokes of this are pretty much laid out.
	So, yeah, I guess humanity is not doomed.
	It's just going to be a rough go for a while.
	With that said, go ahead and give us details of how people can reach you and follow you, please.
	Yeah, so thank you.
	I'm on Twitter as at Naked Hedgie.
	I have a personal blog called The Naked Hedgie.
	And I have a sub stack called Alex Craner's Trend Compass.
	And that's about that.
	I can mention, since we talked about inflation, that I have recently structured an investment product that's available on the retail level for American nationals.
	Which is structured to be, let's say, resilient to inflation and to stock market collapse is doing fairly well.
	So that's also available.
	Unfortunately, that's nothing I can, you know, there's a regulatory and compliance thing that, you know, you can't really mention these things.
	So if anybody's interested in that, they might have to, you know, reach out to me personally and I can refer to them.
	And how can people reach you?
	Just through your Substack or on Twitter?
	Yeah, on Twitter and on Substack.
	And I think that my personal email address is plastered pretty much everywhere because it's kind of open.
	Okay.
	All right.
	That's great.
	And I think the internet wants us to wrap this up because we're getting such bandwidth outages here.
	I'm only hearing about every other word, so I'm barely tracking, but that's fine.
	We're wrapping this up.
	So I just want to thank you, Alex, for spending the time with us and meticulously walking us through this analysis of the scenarios.
	And I think you have a very positive message for humanity, and I think That's extremely important right now as people are facing a lot of very difficult times.
	Rigged elections is what most people believe is happening in America.
	Collapsing currencies, food inflation.
	It's easy to get pretty dark.
	About these things, and I'm guilty of that from time to time myself.
	But your vision of where this is going, I think, is really well appreciated and very much needed in our time.
	And I just want to thank you for spending the time with us today.
	It's been a pleasure speaking with you.
	Pleasure is all mine, Mike.
	Thank you very much for having me, and God bless.
	God bless you as well, Alex.
	Please just stay on after we finish here for a minute to finish the upload.
	Folks, there you go.
	That was Alex Craner.
	K-R-A-I-N-E-R. Alex Craner.
	And again, you can follow him on Substack.
	It's Alex Craner's Trend Compass if you want to reach him there.
	Or Naked Hedgy on Twitter.
	Yeah, Naked Hedgy.
	I think it's spelled...
	Kind of like wedgie, but with an H, is my guess.
	So try that on Twitter.
	It's better to have a naked hedgie than a naked wedgie.
	Trust me, that's some college hazing tricks gone bad.
	But anyway, thank you for listening.
	Of course, I'm Mike Adams, brighteon.com, and you are free to repost this interview on other channels and other platforms.
	And thank you for listening.
	God bless you all.
	Take care.
	A global reset is coming.
	And that's why I've recorded a new nine-hour audiobook.
	It's called The Global Reset Survival Guide.
	You can download it for free by subscribing to the naturalnews.com email newsletter, which is also free.
	I'll describe how the monetary system fails.
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