BBN, Sep 27, 2023 - An engineered BANK BAIL-IN RESET will wipe out America's middle class...
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I get the sense that this is the most impactful broadcast that I will have published this year.
This is Brighton Broadcast News for Wednesday, September 27th, 2023.
That's the year.
Mike Adams, thank you for joining me.
We are three days away from the United States defaulting on its debt obligations.
The United States government running out of funding.
Of course, they'll probably strike some last-minute deal to borrow more money and print more money and keep it going.
But understand that if there's a shutdown, they're not going to shut down funding the salaries of Ukraine's government workers.
But U.S. government workers will be furloughed.
So how does money run out for the U.S. but not run out for Ukraine while it's the U.S. money?
And the U.S., by the way, is $33 trillion in debt.
Our border is being invaded.
It's all insane.
We are really getting close to the final chapter here.
And in fact, what I have for you today, I've got two back-to-back interviews.
And I've got a very important message to get to you before the first interview.
The first interview is with Andy Sheckman, the CEO of Miles Franklin.
And Andy Sheckman, well, the conversations that he and I have are the kind of conversations that you will never normally hear.
Because you don't hear too highly informed people talking about money and economics and gold and silver and debt and inflation and all these things.
I mean, truly, this is a can't-miss interview, but especially because of what Andy Schechtman says.
I'll get to here in a second as kind of a preview before the interview.
The second interview I'm going to include here is with Robert Kiyosaki.
Now, I previously played much of that interview with Robert Kiyosaki, or at least some portion of it, a few weeks ago here on this podcast.
But now this is the full interview because we've just published that for Decentralize.tv.
The full interview with Kiyosaki plus the discussion with my co-host Todd Pittner.
And so that's live on decentralized.tv right now if you want to check out that episode.
But I'm including the full interview with Robert Kiyosaki here.
He's the author of Rich Dad, Poor Dad.
And he says, he holds up a dollar bill and he says, this is toilet paper.
He says, actually, this will be worth less than toilet paper.
And he's absolutely right.
And Andy Sheckman warned about what he called, quote, a tsunami of inflation that's coming.
And more importantly, this is the topic, the primary topic here, the bank bail-ins that are about to happen.
Now, as part of, I don't know, God or the cosmos trying to pound this message into my head today to share it with you, I struck up a conversation today with an individual from Lebanon.
And I was treated to the most astonishing description of what has happened in Lebanon.
Welcome to my show!
To the currency there, which has been utterly destroyed, obliterated by government spending, malfeasance, fraud, and central bank money printing in Lebanon.
So listen to this.
This is astonishing.
So this man that I spoke with is a longtime immigrant, Lebanese-American, and he came to America in the 1980s.
And at the time, he said the Lebanese currency, which is called the pound, the Lebanese pound versus the U.S. dollar was three to one.
Right?
So you had to exchange three Lebanese pounds to get one dollar.
That was in the 1980s.
And then...
A decade plus later, the Lebanese pound was fixed to the U.S. dollar at a far worse exchange rate because there was a financial crisis that hit in about the early 1990s and really got bad about 1992, 1993 and so on.
And so the Lebanese pound lost about 500 times more.
It's value versus the dollar and it was then fixed at 1500 Lebanese pounds per dollar.
So understand if you were holding Lebanese pounds in the banks in Lebanon from let's say about 1985 through 1993 you lost 499 out of 500 value units of your currency.
So basically you were left penniless.
And that's not the worst of it.
What has happened more recently is far worse.
Lebanon then devalued, and this happened, let me get the exact date for you here.
This happened in February, looks like, of this year.
Lebanon revalued its currency from 1,500 Lebanese pounds to a dollar to 15,000 Lebanese pounds per dollar.
So, literally overnight, you lost 90% of the value again.
Just because it became worthless by a factor of 10.
Or increasingly worthless by a factor of 10 overnight.
Okay?
So, 15,000 to 1.
Now, remember, in the 1980s, it was 3 to 1.
February of this year, it's 15,000 to 1, which means...
The purchasing value of your Lebanese pound has been slashed by a factor of 5,000, right?
So even if you were wealthy, you were wiped out.
And then, to make it even worse, here's a story out of Al Jazeera.
In March, March 14th of this year, Lebanon's currency value plunges to 100,000 against the dollar.
The value of the Lebanese pound on the parallel market is at an historic low as the country's economic crisis continues.
A dizzying plunge from 1,500 before the economic crisis hit in 2019, they're talking about.
The bottom line is, In the real markets, it's 100,000 Lebanese pounds per dollar.
Used to be 3 to 1.
Now it's 100,000 and 1.
So do the math on this, right?
You lost everything.
You were wiped out if you held your money in the banks in Lebanon.
And I asked this man, I said, so do you know people who were wiped out?
And he said, oh my God, my whole family.
My family members, friends.
I knew a guy who...
Well, I don't want to give out too many details, but he, a guy who worked for the Saudi kingdom, okay, and he was making huge sums of money, and he worked for the Saudis for, I think he said 10 or 15 years, and he had, at that point, millions of dollars equivalent of Lebanese currency, and he retired with a massive mansion, big home, you know, fancy lifestyle, and then it all got wiped out, the guy's penniless now.
Why?
Because, here's the kicker, because of the bank bail-ins that accompanied this re-evaluation of the currency.
So what happened is the Lebanese banks essentially announced a massive bail-in because they were insolvent because of the currency wipeout caused by the government spending and fraud and the central banks printing more money there.
So in order for the banks to stay solvent, they essentially announced, I mean this is an oversimplification, but they essentially announced that all your deposits now belong to us.
And as this gentleman I was talking to, as he told me today, he said, if you had a million dollars in a Lebanese bank, what they did is they took the million dollars and they give you essentially a promissory note, Where they will pay you $100 a month.
That's it.
That's your maximum withdrawal is $100 a month.
So you went from being a millionaire to now getting a pittance of money out of the bank.
And this has happened in Lebanon.
This is the history of what has happened in Yugoslavia, Venezuela, in Zimbabwe, and so many other countries around the world.
And this is exactly, this is my warning, this is my analysis, this is exactly what is about to happen in America.
And I cannot overstate the criticality of this warning.
That, in my opinion, based on my research and the interviews I've done and the articles I've written and my very strong knowledge of economics and history, I believe That a day is coming soon when whatever money you have in the bank that you think is yours is going to cease being yours and it will be confiscated by the banks.
There will be, I believe, a coordinated nationwide bank bail-in.
Not the bailouts that we saw in the spring of this year with Silicon Valley Bank and others.
We're going to have a coordinated bank bail-in Where there will be no pre-announcement of this.
You will wake up one day and you will receive a notice, as everybody will, that says, oh, yeah, your deposits are still safe, but you're going to have to be very limited on how much you can take out.
And if you had a million dollars, oh, you might get $100 a month.
If you had half a million dollars, maybe it's $50 a month, or maybe it's more than that.
Maybe you get a couple hundred dollars a month.
The point is, your deposits will be stolen from you, and the entire middle class of America will be utterly wiped out financially.
There will be mass poverty literally overnight.
Mass homelessness overnight.
People will lose their life savings literally overnight if they kept their money in the banks and in dollars.
And this is why people like Robert Kiyosaki are strenuously urging all of us, issuing warning after warning after warning to off-grid your money out of the banks.
He calls it that.
And actually, I've adopted that term myself.
Maybe I heard it from him first.
But you have to have off-grid assets, which means self-custody, which means you have the assets in your hands and not in the banks because the banks are going to take it from you.
They've done it in, well, Lebanon, as we were just talking about.
They've done it in all these other countries throughout history.
And this is what's going to happen in the United States.
And although this is not a specific date prediction...
The Thanksgiving holiday weekend would actually be a perfect scenario for the banks and the government and the Treasury to carry this out in America because they can count on four days of the banks being closed.
So let's say Thanksgiving always, well at least the holiday, always falls on a Thursday, right?
So they know that they can close the banks Wednesday night, they can keep them closed for four days, And they can announce this over the weekend and declare martial law if they have to, you know, quell the uprisings, whatever.
But they can issue the announcements and they can claim it's the Russians or whatever.
They'll have a story behind this, but they'll say sometime over the weekend that, oh, your money is safe and we're keeping it safe for you.
There's going to be restrictions on what you're allowed to take out.
And it's going to be this, you know, whatever money you had, here's what you get.
And then come Monday morning, the middle class of America will be wiped out.
Because if you don't control your assets, your bank deposits, if you don't control it, you don't own it.
Ownership is defined by control.
You don't control it, you don't own it.
They just took it from you.
Now, who's going to be safe from this?
Who's going to still have assets when this is all said and done?
It's very simple.
Number one, people who have gold and silver and certain forms of crypto or other hard assets that are outside the system of centralized control.
But gold and silver are absolutely, they have stood the test of time.
Gold and silver are, as Andy Sheckman says, and you'll hear it in the interview, gold and silver are wealth.
They're not a proxy for wealth.
They're not a speculation vehicle for wealth that you one day want to trade back into fiat currency so you make something on it.
No.
Gold and silver are themselves wealth.
They are the assets.
They are the final destination where you want to get to if you're trying to accumulate wealth.
It's not to build up more dollars.
It's to build up more ounces of gold and silver.
And John Perez would say exactly the same thing.
And what's powerful about gold and silver and also certain forms of crypto is, of course, that you can have self-custody.
You can have it in your hands, which means when the banks go down and the banks steal everybody's deposits and say, oh, your money now belongs to us, you can say with your silver in your hands...
Well, you don't get this.
You don't get this money.
This is real money and it exists outside the banking system.
And by the way, I believe that as this crisis unfolds, and I'm not saying this is going to happen on September 30th when the government goes broke and defaults on its debt, if that's even what happens.
And I'm also not saying this is going to happen on October 4th, you know, the emergency broadcast thing, which I think will be a relatively non-event, by the way.
What I'm saying is, I believe this is going to happen soon.
Before the election, most likely, but not even 100% certainty on that.
There are too many factors that are outside of our control or our purview.
It's impossible to put a date on this, but we've seen the pattern and we know the US is over $33 trillion in debt right now.
You can go to usdebtclock.org and you can see the numbers whizzing by.
It's just a blur of financial insanity on that website.
And you can see this ends badly.
This ends with a collapse of the dollar.
And a tsunami of inflation, as Andy Schechtman says, is exactly what's coming.
A tsunami of inflation.
Prices of food are going to double again.
Many food items have already doubled.
You've seen that in the last year or two.
Now they're going to double again.
But this time the doubling will be faster.
And then they're going to double again after that more quickly.
And this is going to continue.
They'll keep doubling and doubling and doubling.
And you'll get to a point, and this has happened in many other countries, and I've interviewed people.
You've probably heard some of these interviews, people that have lived in Venezuela.
For example, the founder of the Dash crypto lived in Venezuela and he said, you know, doctors who had doctor salaries there, their salary was fixed by the government.
But because of hyperinflation, those doctors became impoverished because their salary couldn't buy anything.
The value of the currency collapsed so rapidly that even doctors were living in poverty.
Now, this collapse scenario, which is controlled demolition, this is being engineered and.
And it ties into the other issues of our time that are extremely concerning, such as the wide open border invasion of the United States, but especially Texas.
Where you have, in many cases, 10,000 illegals a day crossing the border, invading the United States of America.
This is being intentionally allowed to take place, in fact, encouraged by Mayorkas and the Biden regime and other traitors, actual wartime criminals against the United States that serve in the Biden regime, and Biden himself, of course.
These criminals are engaged in a mob rush or called a bum rush of the United States to fill America with as many illegals as possible before the financial collapse.
And you know why?
Because in the financial collapse, the entire middle class of Americans who are mostly vaccinated and thus dying, they will be kicked out of their homes because, of course, they won't be able to make their mortgage payments.
They'll be kicked out of their homes.
The banks will seize the homes.
The banks, the big banks, and BlackRock and companies like that will become the largest holders of real estate, and the government will give out those homes to the illegals that have taken over America.
So you are being replaced.
Your money will be destroyed on purpose.
You will be kicked out of your home.
Your dollar will be eliminated.
This doesn't affect the illegals because they mostly have no savings accounts.
They don't have bank accounts for the most part.
So you'll be kicked out of your home, your savings will be destroyed, and your life will be destroyed by the vaccines, but the illegals are being brought in without mandatory vaccinations.
Their kids don't have to be vaccinated to attend school.
Entire communities are being constructed for the illegals, such as this colony In Texas, north of Houston, 60 square miles as a forward operations base, an FOB, for an illegal migrant invasion of military-age men, for the most part, and also drug cartels and human trafficking operations.
But that's another podcast.
So that this is all being done so that when the financial collapse is engineered, that is the bank bail-in day, the American people...
The vast majority of Americans, the middle class, will be completely wiped out and replaced by the migrant workers who are, admittedly, willing to work.
Now, this is tied into everything that's happening right now.
The UAW strike, the big three automakers, the strikers are demanding a 40% wage increase And to only work four days a week.
So they want a 32 hour work week instead of a 40 hour work week, but they want a 40% increase in pay.
I can assure you that the big three automakers Why do you think in New York they just handed out approval for, what was it, 375,000 work permits for illegal Venezuelans?
Did you even know there were that many illegal Venezuelans in New York?
Well, I guess Mayor Eric Adams knows it because he just said the illegals are going to destroy New York City.
But they just handed out work permits to 375,000 people who are not even Americans.
Now, put the picture together here, folks.
We're going to send endless money to Ukraine to pay the salaries of Ukraine's government, to prop up the small businesses of Ukraine.
We're going to hand out work permits to armies of illegals that are invading America.
We're going to keep the border wide open, actually cutting the barbed wire, cutting the fences and helping more illegals come through while Mayorkas is funding San Vicente and, what is it, Lajas Blancas camps in Panama, actually funding the staging areas for the migrant invasion of America, which makes Mayorkas a treasonous criminal, by the way, against the United States of America.
He should be arrested.
As should, frankly, most of the Biden regime, you know, if we were a law-abiding society.
But that'll probably never happen.
But as all of this is taking place, the American people are about to have their bank accounts, their savings, their pensions wiped out, wiped off the slate so that Americans become homeless.
This is...
It's almost like, remember that movie Trading Places with Eddie Murphy and Dan Aykroyd?
Back in the 1980s.
You know, great movie, right?
I mean, funny, ironic.
These wealthy, white Wall Street guys, they dragged the Eddie Murphy character off the street, supposed to be like a homeless drug user, and said, I bet we can make him, we can turn him into a Wall Street wealthy person, you know?
It was a funny movie with, you know, an interesting message.
But by the end of the movie, Eddie Murphy, his character, had outsmarted the wealthy white Wall Street guys who were left penniless and destitute, while the Eddie Murphy character was rewarded with great riches and vindication.
So whatever you think about that movie and that message, this is what's happening in America.
The American people are being replaced, and I'm not just saying that it's A generational thing.
Over time, it's going to take 50 years.
No!
The American people are being replaced between now and 2025 to a very large degree.
And by 2030, there's scheduled to be a mass wipeout of Americans.
You're being replaced by migrants who are going to take over your home.
They're going to take over your home because you're going to be kicked out.
The bank will repossess it and hand it to the migrants.
Your job will be taken by the migrant workers.
Because, like I said with the big three automakers, they can't afford to pay 40% more salaries and to have a 32-hour work week.
Ultimately, they're not going to keep those American workers.
They're going to replace them either with robots or migrants, and probably both.
Robotic migrants.
No, robots where they can be used and then migrants where robots can't be used.
Because again, to their credit, by the way, migrants are willing to work.
Americans, by and large, are not.
The big three automakers know this.
A lot of other Fortune 500 companies know this.
And that's why they're leaning on Democrats and Republicans to grant the mass work visas for And to keep the border wide open, to have this flood of new labor to come in, to replace the American worker.
You are being replaced.
And by the way, just to mention the racial overtones of all of this, if you're white listening to this, or if you identify as white, you notice across all media, white people are demonized.
Demonized in the movies, they are now portrayed as incompetent idiots or villains.
All the people in charge in almost all the movies and television series now, for whatever reason, are black women.
I'm not sure why.
There's a black woman in charge of everything now on every show.
Don't know why that is.
And all the intelligent people are portrayed as people of color while all the stupid people are portrayed as white.
This is cultural programming.
This is all being done on purpose to replace you, if you're white listening to this, to marginalize you and to brainwash society into thinking that white people are incapable of Meanwhile, the quota systems in the universities and in medical schools are advancing people of color often who are not qualified at all, not whatsoever.
And this is happening in business schools, too.
This is happening in business schools, like mainstream top of the line business schools that used to churn out highly competent CEOs and MBA programs and business administration, whatever.
Now they are churning out incompetent people who were pushed up the ranks solely because of the virtue signaling efforts of the schools.
So business schools in America don't even reward merit anymore.
They reward your skin color, your sexual orientation, your transgender status, this kind of thing.
No longer merit.
And this is a recipe for destruction of a nation, which is exactly why this is happening.
Controlled demolition.
And the same thing is happening in medical school.
And they're teaching doctors that men can have babies.
So, I mean, that's...
If your doctor thinks men can have babies, probably shouldn't let that doctor touch you because they don't understand physiology.
But if you're wondering why banks no longer work very well, if you're wondering why the big corporations no longer function, why is the supply chain breaking down?
Why are things not working the way they used to?
The answer is very simple, because the most incompetent virtue signaling people are being advanced into positions of leadership and authority in these companies, and they have no idea what they're doing.
So the whole system is breaking down because of virtue signaling.
You know, the Libtardia collapse has arrived, and we are living in idiocracy right now, and you can have your entire life destroyed merely by being accused of something, of something that happened over a decade ago.
I mean, look at Russell Brand, right?
He's accused by mostly anonymous women of something many, many years ago, and then left-wing people pressure Rumble, the platform, to say, oh, you should demonetize Russell Brand.
Because we don't like that he's been accused by somebody.
And Rumble's like, what does it have to do with us?
It's got nothing to do with his videos on Rumble.
We're not demonetizing him.
And so these left-wing groups, they pressured several companies to pull the ads.
And I talked about this yesterday.
Burger King.
They pressured Burger King to pull the ads.
So Burger King pulls its ads off.
And then also this company called HelloFresh.
That apparently has 8 million subscribers across America and HelloFresh sends out, you know, uncooked meal ingredients to your home and then you're supposed to make meals out of these ingredients.
But the CDC just announced that HelloFresh has been serving up E. coli in its ground beef to some number of customers who ended up in the hospital.
That's a CDC announcement.
Which means, in my mind, I think the name HelloFresh should be changed to something more like HelloDiarrhea.
Because that's what E. coli does to you.
If you have to go to the hospital, you've had some serious toilet time.
Now, getting back to the Lebanon exchange rates issue, think about the fact that the Lebanese pound was $100,000 to the dollar earlier this year, at least in the real marketplace, even though officially it's $15,000, but it was really $100,000.
That's even though the dollar has lost something like, what, 90-plus percent of its value since 1971?
But even in just the last two years or so, the dollar has lost at least 50% of its value, which means that the Lebanese pound has actually lost...
More than just thousands of times against the dollar, it's also lost the dollar's purchasing power because that's what it's being compared against as well.
In other words, if you're comparing your local currency versus the dollar and you're freaked out about how much value your local currency is losing, well, the dollar is also losing value.
And you have to multiply that into the losses because the dollar doesn't purchase the groceries that it used to purchase back in 2020.
Now, Please understand that the timing of this engineered banking collapse can be exploited by the establishment for maximum power and control.
So perhaps they want to wait almost a year and collapse this sometime before the election so they can use the aftermath of the uprising, the social chaos, in order to cancel the election.
And of course, they can blame a financial crisis on Russia, or they can blame it on anybody.
They blame it on China.
They can blame it on Trump.
They can blame it on speculators.
I mean, that's what Nixon did in 1971.
He said, oh, we have to take the dollar off the gold standard to protect the dollar from evil speculators.
That's what he said.
And he also said it's only temporary.
Well, it's been temporary for 52 years.
Nothing more permanent than a temporary government program, right?
Because the powers that be, they know exactly what the social chaos response is going to be.
The American people have been intentionally psychologically terrorized.
The race war narrative has been pushed on people since the Obama years, by the way.
You know, Trayvon Martin and all that.
Race wars.
The lawlessness.
That idea has been indoctrinated, especially into the radical left that live in the cities.
And the Democrats have defunded police, and they've destroyed the rule of law, and George Soros has put in place district attorneys that intentionally release violent criminals back onto the streets.
Oh, and by the way, starting in a couple of days now, L.A. County has a no-bail policy for a whole lot of crimes as well.
So criminals in L.A. County, just like criminals in Illinois, will be able to commit all kinds of heinous, violent crimes and robberies and everything.
No bail.
They get released immediately back onto the streets, just issued a ticket.
So this has all been calculated.
This is not a coincidence.
This is a blueprint.
And what's going to happen is, step one, they collapse the banking system with nationwide bail-ins.
Step two, social chaos erupts.
Step three, the regime declares a national emergency, martial law, confiscates weapons, cancels elections, shuts down all your rights, all your freedoms, nullified.
The Constitution is suspended.
I mean, if they can get away with it, this is what they're going to try to do because of the crisis, right?
They're going to burn down cities.
They're going to have people murdered in the streets.
They're going to have feds instigating a bunch of this, usually dressed as Trump supporters or dressed up as Nazis or what have you.
We're a patriot front group type of uniforms, whatever.
And then when it's all said and done, the American middle class will find itself impoverished, wiped out, and lining up at the FEMA camps to get emergency meals because they won't have any money left to even buy food.
And since they didn't prep with any food, they don't have anything to eat.
And since they mostly don't own their homes, they don't have anywhere to live.
And then the illegals are going to move in and take over the homes, take over the cities, take over everything, take over the factory jobs, all the work, and that's it.
This is the replacement protocol.
And, of course, more and more Americans are going to be killed off by the vaccines because they'll probably release another pandemic during this sometime.
And whatever gullible Americans are dumb enough to line up and get injected probably won't live very long.
But, you know, the illegals won't be required to get any vaccines because they're special.
They're precious.
Their fertility has to be protected because they need to be able to procreate.
But you murder your babies, you know.
You're not allowed to have babies.
Mutilate your genitalia.
You know, that's the message to Americans and the American families and their children.
It's so clear.
This is how it's going to play out.
It's a blueprint of history, just kind of modified for modern technology, such as the spike protein jabs.
And your way out of this, to navigate this, and to not be destroyed by this, it's very simple.
Number one, own your home.
Own your home.
If you can pay it off, do so.
You should do that first.
You should own the roof over your head.
Secondly, get real assets in your custody.
And as I have said so many times, it's gold and silver, it's certain forms of crypto, and it's land, and it's things that are in your possession.
That's what counts.
And by the way, gold and silver, the guests we have coming up, Andy Sheckman, Miles Franklin, he's a gold and silver retailer.
He'll give you his information if you want to contact him.
If you want to support our sponsor, the Treasure Island Coins and Precious Metals Company, you can reach them at metalswithmike.com.
I would just advise you to do your own research.
Do not consider me a financial advisor.
Understand what you're doing.
Get professional advice if you can.
But sadly, most professional people involved in money and investments, they have no idea what's happening.
They have no idea.
They'll just tell you, you know, put 60% in stocks and 40% in bonds or whatever depending on your risk tolerance.
Just buy stocks and bonds.
It's all good, you know.
And yeah, keep your money in the dollar.
The dollar is backed by the full faith and credit of the United States government.
It's all good.
And these people, in my opinion, are going to lose everything.
I would listen instead to people like Robert Kiyosaki.
I would listen to Andy Schechtman.
In fact, I do.
And I've said this many times.
I am exiting the banking system to the greatest extent that I can pull off.
And I am converting into gold and silver and crypto.
And...
Some of it's vaulted.
Some of it's self-custody.
And for the stuff that I have, self-custody, I'm also investing in lead and copper, ammunition, firearms, security dogs, security systems, because, well, I believe in protecting your assets.
Like I've said before, if anybody tries to get my gold or steal from me, they're going to have to work at it.
They're going to have to earn it.
They say, oh, we're going to rob the health ranger and get some gold.
Actually, I think you're going to get mauled.
You're going to be lucky to leave with all your flesh on your ass.
And you're going to be lucky to not have been ventilated in the process.
But that's just me.
I can't even, just for security reasons, I can't even tell you the surprises I have for people who are dumb enough to try to take from me.
Obviously, I can't say it publicly, but should that day ever come, it's going to be beyond amusing.
But if you don't want to take risk with self-custody of gold and silver, there are private vaults.
There's, you know, the Treasure Island Company, our sponsor, they do private vaulting.
It's still insured, you know, Lloyd's of London insurance.
And if Lloyd's of London goes down, then the world has truly collapsed at that point, World War III or whatever, which is possible.
That's why I always say have some self-custody.
And remember what Senator Menendez was talking about the other day.
He has gold bars and he has $480,000 in cash.
That's a lot of cash, man, to have on hand.
And in defiance against the criminal charges that he's been hit with, he says it's all his cash.
He took it out of the bank and he needs it because governments confiscate cash.
Well, he's right.
He's right.
He's actually smart to have his cash out of the banking system in his own self-custody in his safe.
But he's not that smart to have it in cash since cash is losing value because it's the dollar.
The dollar is collapsing.
The smartest thing he has is the gold bars, frankly.
That's actually very smart.
And maybe he's got some privacy crypto, as I said earlier.
Maybe he's got some Monero that we don't even know about.
That would also be pretty smart.
Also very portable.
And it's good to have some amount of privacy crypto that is portable in case you have to flee because you're being overrun by an invasion force of illegals, which is the plan.
That is the plan.
And by the way, the Democrats are going to get so desperate here coming up to the election, the 2024 election.
Remember how I said the other day that, according to polls, 25% of Democrats were willing to vote for RFK Jr.
if he runs as a third-party candidate?
Remember that?
Well, that number has grown to one-third.
One-third.
Yeah.
So now the Democrats are clearly panicking, and yeah, I agree with what Alex Jones said.
They're probably getting ready to run Big Mike.
As the candidate.
Trying to drop Big Mike in place.
And play the race card.
Play the LGBT card.
And see if anybody will vote for Michael Obama.
That's how desperate they are.
But their big ploy is going to be, of course, engineered banking collapse.
Engineered World War III. And any other kind of false flag event that they can use to declare an emergency, to nullify the Bill of Rights, to seize your money, to seize your guns, and to enslave the masses.
In preparation for the mass elimination of America's middle class and especially America's white Christians.
That's who they really want to target.
But they also want to get rid of white liberals, too.
So for all the liberals out there that are cheering the invasion of America, hey, you're cheering your own suicide, your own destruction, because they're coming for you next, you fools.
Alright, so we're going to jump into the interview here with Andy Sheckman.
First, I've got a message for you about Bright Tail University, a major event coming up that begins October 7th.
You can register for it now.
It's free.
And it's the 5G Summit featuring the hosts Josh Del Sol and also Sayer G. And this teaches you all about 5G and how to protect yourself from 5G toxicity.
So this is probably the most important summit that we've ever broadcast on Bright Town University.
You can sign up at brightu.com.
That's just the letter U, B-R-I-G-H-T-U dot com.
Let me give you a video explanation of what that is here.
Following that, it's the full interview with Andy Sheckman.
And then following that, it's the interview with Robert Kiyosaki.
Definitely take the time to listen to these two interviews.
You will thank yourself for doing so.
These, I assure you, are going to be two of the most valuable, practical interviews that you have heard from this channel, from my broadcasts all year.
And these are two very wise men who have an urgent message for you, and they can help you save yourself from what's coming.
So enjoy.
So enjoy.
We have a major event coming up at Brighton University that you won't want to miss.
We have a major event coming up at Brighton University that you won't want to miss.
It's the 5G Summit.
It's the 5G Summit.
You can register now.
You can register now.
It's free to watch.
It's free to watch.
And it begins running.
And it begins running.
The free streaming begins on October 7th.
And it features over 40 leading scientists with warnings about 5G, what it's doing to your health, what it's doing to your mind, and also the electropollution factors that are affecting our environment and all of nature around us.
This is a really bombshell event.
It's hosted by Josh Del Sol as well as Sayer G.
And here's a little bit about what you're going to learn during this summit, the facts about 5G, the independent science on 5G and wireless radiation, solutions to protect you and your family from the risks associated with wireless radiation, the links solutions to protect you and your family from the risks associated with wireless radiation, the
The vaccine agenda and AI. This is a topic that we've covered quite a bit with a lot of interviews, but we'll be covering it in this summit event as well.
Strategies used by groups around the world to fight and prevent harm caused by 5G.
Also, the emergence of safe and revolutionary technologies and game-changing paradigms to protect you.
Simple actions that we can take.
And also, the worldwide wave of liability, which began in October 2023.
People all around the world are working to hold accountable those who are causing harm with 5G, including the telecom companies.
So, all of that and so much more.
Again, featuring 40-plus expert speakers.
This is a multi-day event.
It begins October 7th on a Saturday and is a 10-day event wrapping up on October 16th.
Again, registration is free.
You do have the option to purchase and download the entire event for one fee to help support the creators of this event and also help support the Bright Town platform.
But that's optional.
It's not required.
You can watch the entire thing for free based on the schedule that begins October 7th.
Register now.
Again, there's no charge to register.
And I would say that right now it's especially critical to protect yourself from 5G and to learn about this, even if maybe you've been exposed to other people who are shedding spike protein or maybe you've been jabbed yourself.
Or maybe you're just trying to avoid the stress on your immune system caused by exposure to electromagnetic pollution.
Whatever the case may be, you're going to learn vital, life-saving information in this course, and you'll be able to learn it for free.
So again, it's at brightu.com.
That's just the letter U. B-R-I-G-H-T-U dot com.
That's Brighton University.
Register now, and you'll be able to begin watching on October 7th.
It's entirely free.
The 5G Summit hosted by Josh Del Sol and also Sayer G with 40 plus expert speakers.
Thank you for your support.
Register now at brightu.com.
All right, folks, buckle up.
Welcome to today's interview here on brightu.com.
I've got the CEO of Miles Franklin joining me today, Andy Shechtman, who has been making waves for the last several years for his accurate warnings and predictions about what's going on with BRICS nations and also gold and silver, bank failures and so much more.
He joins us today to discuss these topics and also to give us some heads up of what's happening right now, some major shockwaves across the marketplace.
Welcome, Andy.
It's great to have you on today.
Mike, it's an honor to be here.
Thank you for having me.
I follow everything you do and I can think of no place I'd rather be.
So again, thanks for having me.
Well, hey, it's an honor to have you here.
You must be very busy.
You've been making the rounds across a lot, doing a lot of interviews, a lot of platforms.
And you've just been nailing it time and time again.
I mean, now you've made believers out of people who were skeptics about BRICS nations.
I just saw a story yesterday, Russia announcing that most of their oil trade now is not involving the dollar at all.
You know, it's not even rupees.
It's mostly the yuan.
And it's not euros.
I mean, look, the earthquake has happened.
The tectonic plate shift of global finance is happening.
You've been proven correct, sir.
Your comments.
Well, thank you.
Yeah, you know, the problem is most people can't get out of the way of what they don't see coming because unless you're spending time searching alternative media, you'll never understand what is happening.
But you're right.
There is a major shift that is happening with the BRICS nations.
The first step is the settlement in local currencies, whether it be the yuan or the rupee or the ruble or the real or whatever it may be.
The second step, which is coming, and I think it will happen at the 2024 BRICS meeting in Russia, will be an announcement of a joint settlement currency.
They were tasked, those being the finance ministers, with going back to To their home base and and working out any potential issues and problems and coming back with their with their discoveries and on issuing a joint settlement currency and to me there is no question like that but that will be pegged to some form of commodities most likely gold which as we've talked about before was revalued as the only other tier one reserve asset in the world in 2019 by the BIS
and when you look at that from You know, 40,000 feet, you see the central banks have bought more gold over the last 18 months than at any time in history.
You see repatriation from the major hubs, the New York Fed and the Bank of England by all of the European banks, a good majority of them, the Bank of Germany, Hungary, Turkey, Poland, Austria, the Dutch National Bank, the list goes on and on, and a drive to Accumulate what is a Tier 1 asset.
And the latest development is now we see gold trading at $100 an ounce over the New York and the London price in China.
And it's the beginning of their way of siphoning and sucking through arbitrage the majority of what has not yet been taken at these subsidized prices.
And these players are very sophisticated and they're using the Western sub...
suppression of price to run cover for their massive acquisition and draining of the world's exchanges.
So it seems like things are really accelerating in terms of the attempt to accumulate gold by central banks in particular, but also the rush to move away from the dollar.
So, you know, the August BRICS meeting, I'd like your comments on what has happened, not just at that meeting, but since then, because what people need to understand is this is an historic shift taking place.
This is going to be a milestone in the timeline of the history of commerce on planet earth, where the world rejected the dollar because the West used economic sanctions as a bully weapon to try to achieve coercion of the world's nations.
And the nations said, hell no, not anymore.
They said, we just won't use the dollar anymore.
That's exactly what's happening right now, is it not?
Absolutely, 100%.
The rallying cry is exactly that, to push back from the sanctioning and the coercion that the West has used all of these years.
That's what's bringing everyone to the table under a guise of mutual cooperation.
I don't think it's as much economic as it is economic.
And these countries doing it out of necessity as the West tries to pick them off one at a time.
And there are safety in numbers.
And that's exactly what you are seeing.
You take a look at who was admitted in this last meeting.
You have Saudi Arabia, Iran, and the United Arab Emirates to start with.
You've got massive oil producers, as we all know.
And not only that, you know, you have...
When you talk about Ethiopia, Egypt, and Argentina, look, in Argentina you have the largest producer of natural gas, and they control the Straits of Magellan.
You have the Straits of Hormuz and the...
What am I trying to say?
The Straits of Hormuz and the...
I'm sorry, it is slipping me at the moment.
I've done four podcasts today.
Straits of Hormuz and the...
Suez Canal that is controlled by, you know, the United Arab Emirates and Egypt and Iran.
So you have the majority of the Eurasian landmass controlled by Russia and China and Iran.
And you know, you have the second and third largest nuclear arsenals on the planet.
It's a system that is growing substantially, not only Out of economic strength and natural resources and access to waterways and landmass, but one that is really, I think, coming together out of necessity that, you know, a lot of these countries that are not on the side of the US, I think, are thinking, are we next?
And that's really a big problem.
But it's not just Our foes that are joining.
You got Macron from France who wanted to be part of the meeting.
He was turned down but did a massive liquid natural gas deal with United Arab Emirates and paid for it in yuan.
So we're beginning to see sides being chosen.
And the fact that they didn't come out with a gold-backed settlement currency like a lot of people thought In August, to me, is no big deal.
You can see that they are doing things very methodically.
And I think that's the way to do something when you're talking about disrupting What has been status quo for the last 50 years, you have to have all your ducks in a row before you're able to pull the trigger.
And, you know, it's even countries like India, who we have good relations with, just paid for a million barrels of oil from Abu Dhabi in rupees.
So, these all used to settle in dollars and the erosion of settlement in dollars Yeah, it's absolutely happening.
And even in the United States, we're seeing people recognize the plummeting value of the dollar in terms of purchasing power.
Being reflected, of course, in inflation.
I can't tell you how many times I've seen even TikTok videos of younger people talking about how their groceries have gone up 100% in about a year or maybe a year and a half.
And they're astonished.
They're starting to get a lesson, by the way, in Austrian economics, which is fascinating, because that's not a subject they cared about before.
Now, all of a sudden, they're coming to realize, whoa, the dollar's not stable.
In light of this, I want to ask you, what's happening right now with retail demand for gold and silver?
Because, of course, there was a mad rush by Americans, and actually people in Western Europe as well, to purchase physical gold and silver during the earlier bank collapse event that took place, Silicon Valley Bank and so on, what, February, March, March timetable earlier this year.
And then it was kind of, demand was dead for the summer.
And, but what is happening right now?
Because I'm starting to hear a lot more concern from people.
Give us your take.
Yeah, you're beginning to see people wake up.
I think, you know, you see what's going on with, let's talk about the debt ceiling as an example.
People are waking up to that.
There was a 60 Minutes episode that just came out that said, you know, we're very close to, again, here on October, crossing that line of having the government shut down.
And, If you paid attention, and here is a mainstream media outlet who is talking about exactly what's happening, and I think it's very, very concerning when you realize that they have come out and said that even if the government shuts down,
Which, you know, it looks like that very well may happen and the services or the government services are suspended and furloughed, as they call it, that we will still be providing payments and services to The Ukraine.
In fact, yeah.
And so when you talk about, you know, exactly what that means, I find it to be very, very disconcerting that they're talking about continuing to pay including pensions and salaries for 55,000 first responders.
In the Ukraine, for paying salaries and pensions for the government employees at the same time they expect our government employees to be furloughed, where we are giving $700 to the folks in Hawaii and nothing to those in Palestine and Ohio.
And yet we're giving hundreds of billions of dollars to the Ukraine and we are insolvent.
We are broke.
We are 125% debt to GDP. At what point do you not wake up and realize that something is wrong?
And I think people are starting to notice that, that something is wrong.
And, you know, here again, inflation picking back up, where if you take the month over month and extrapolate it, we're at 7% inflation.
So I think that there are people who are finally starting to understand exactly, you know, that something isn't exactly right.
And so, look, here, to your point, to your point, We have a situation where the public is keenly unaware of precious metals, and that's the elephant.
The people who have been hanging on, the people who understand this have grown substantially, the hard asset people, the people who have paid attention, who have been listening to you and to others, understand it.
And they have doubled down.
They have increased their exposure.
They are decreasing their exposure to a banking sector, which I think many people are starting to see the cracks in the banking sector.
What I find most interesting is that you look at the top on down, you see massive shortages off of the exchanges, both the LBMA and the COMEX. You see massive bleed downs on the LBMA and the COMEX. You see ETFs being bled dry.
You see central banks buying more than ever.
And yet the availability and the supply and the premiums, the prices on retail investment, gold and silver, has not been this attractive since prior to the pandemic.
The majority of the public understands something is wrong, senses it, feels it.
But hasn't acted upon it yet.
Where I think the real problem will be, will be the next bank failure and will be bailed in.
Yes, yes, exactly.
And that's the part most people don't understand.
Let me mention a couple of things.
First of all, for the audience to know, this is not a sponsored segment.
You know, you haven't paid me to appear on my show, anything like that.
But I want to give out your website, milesfranklin.com.
And that's, you are a retailer of gold and silver.
You've helped a lot of people over the years.
So folks, you can go to milesfranklin.com and you can, I'm glad your website's up and running.
It took a while to get that.
It took a very long time and it's still not fully operational due to Avalara tax implementation where some of the states you'll have to give us a call.
But if people were to send in an email to info of Miles Franklin and request a I'm sorry.
Yeah, we do have online presence.
We are traditionally a relationship-based business, but we will not be undersold.
We love to work with people, but for those that want to purchase online up to $10,000, they can do that if they wish.
All right, but I want to ask you specifically, what's the availability of the junk silver bags?
And then secondly, I mean, correct me if I'm wrong, but it seems to me that there was, you know, following the bank crisis of the spring, there was a lot of the dealers in precious metals overordered.
They over-ordered and then it took many months to take delivery because of the severe crunch.
So during the summer and where we are now, I think a lot of retailers are sitting on way too much silver and gold inventory, which is financed, right?
They borrow money to hold the silver, so they're paying now 5% loan rates to sit on silver, which is causing, I think, an artificially low premium price as retailers are trying to get rid of gold and silver right an artificially low premium price as retailers are trying to get But this is very temporary.
As soon as this runs out, premiums are going to skyrocket again.
Do you agree with my assessment?
I completely agree.
Junk silver is actually fairly plentiful, and it's a very good gauge because it hasn't been produced in over 55 years.
And to be able to find it, you know, over the last three years, it's been as rare as hen's teeth.
We have seen the ability to accumulate enough to where I'd say it's in good supply.
Relative, I mean, it's much easier to get $5 million worth of sovereign mint silver coins or bars than it is to get junk silver pre-65 dimes and quarters.
But yeah, you're right.
And, you know, that premium is something that people need to understand.
When, you know, we purchased 90,000 Silver Eagles at an average price of $9 over the price of silver at the beginning of the year.
Wow, that's a lot!
And you can't hedge premium.
So if I have 90,000 ounces of silver in my warehouse, I will offset those 90,000 ounces with futures contracts.
I'll take the other side of it.
I'll sell short, covered, 90,000 ounces.
And as I sell my inventory, I let go of the hedge.
So that we remain market neutral to the spot price, but the premiums are something that you cannot hedge.
And so the dealers got a lot of flack for these high premiums, and in reality it is coming not from the retail dealers, but from the five or six primary dealers who are the ones putting up A hundred million dollars to buy all the product or more, you know, a billion dollars to buy from the six major mints, including the U.S. and to provide it for the retail network.
We then buy it at those elevated premiums, make our markup, which is a tiny fraction of what you would see over the price of gold or silver.
Look at the bid prices over the last three years and you will see that to be true.
But it's something that goes both ways.
And you're right.
It's very unusual to me that that The premiums are where they are.
They are lower than they've been in three years, and I find the world to be much, much more precarious than it's ever been.
And I think what is betraying that is the fact that the biggest money in the world is quietly siphoning off all of the gold and silver out of the exchanges.
That's the top on down.
And, you know, you're seeing, like I said, China offering $100 an ounce more for gold in Shanghai than you can pay for it.
In the UK or in the United States.
So is that the beginning of their playing their gold card to siphon it all?
And I find it interesting that this happens just weeks after the majority of OPEC signs on to the BRICS. There's a lot going on behind the scenes that doesn't really make sense on the retail level.
And Russia banning diesel and gasoline exports?
Except in countries that comprise the Eurasian Economic Union, who the president of Belarus just called for the delegates for the Eurasian Economic Union, the Shanghai Cooperation Organization, to meld together with the BRICS. He's calling for a meeting.
I've been saying that forever, and the only reason I've said that is because they're all the same countries.
In the span of one year, Iran has joined both the SCO, which is the largest regional military and financial organization in the world, and the BRICS. And that's also, you know, Saudi Arabia has applied to the Shanghai Cooperation Organization, and it was admitted to the BRICS. When you put these groups together, they become incredibly formidable and very substantial.
So, yeah, absolutely.
You will see, look, the majority of all the oil in the world is controlled now by the BRICS. People say, well, the U.S., You know, produces more oil than anyone.
They're right.
We produce 18% of the global oil supply, but we accumulate or use 20%.
We don't even have enough right now to supply our own needs, and we've mothballed and canceled all of these permits.
We, you know, shut down the XL pipeline.
We are not in a position to be energy independent as we see less and less oil coming out of the shale deposits.
Yeah, it's a very frightening situation.
And like I said, it's not just oil, it's other commodities and things like natural gas, and that's why Argentina was one of the first admitted, the largest producer of natural gas in South America.
Okay, I'm sorry to jump in, but during the spring of this year, what was the highest premium on silver that was reached at retail?
It was like $15?
$17 on Silver Eagle.
$17.
Today they're about $5.
Okay, so $17 was, let's say, roughly about a 50% premium over spot price.
Yep.
That's extraordinary to me.
It is.
And we couldn't keep anything in stock.
So right now, you just said $5.
I've seen recently, I've seen specials in the $3 range and things like that at least a couple weeks ago.
Is that changing rapidly right now?
But that would be the case on things like Britannia's and Krugerrands and King Cruz.
The Silver Eagle, I haven't seen it dip below.
Maybe you've seen one company in the mid to upper fours at one point.
We were down to $4.85.
It's come back a bit, but...
Yeah, you can buy Sovereign Mint coins for that range right now, the Philharmonic or the Kangaroo or the Krugerrand or the Britannia.
Yeah, those have been much, much lower.
But if you go back to when the Eagles were 17, those coins were 6 or 7.
Most of my career, 30-plus years, the difference in those coins was $0.50, $0.60, not $6 or $7 or $8.10.
Right.
Three years.
But what I'm getting to here, and I don't encourage people to speculate on silver and gold, by the way, I think this is...
Precious metals are things to hold onto to preserve assets as the fiat currencies collapse.
But in the next bank failure that's going to happen, which in my view and in the experts I've interviewed is probably right around the corner.
I can see silver premiums going from, on those coins that you mentioned, from $3 to $9 or something like that.
This is not a price prediction, folks, and I'm not offering you financial advice, but the premiums alone can substantially increase the value of your holdings even if spot price doesn't move at all, correct?
Correct.
100%.
And look, depending on how bad things get, people talk about nationalization of the mines.
How about nationalization of the mints?
I mean, at what point does it not become practical for the five major mints other than the U.S., Canada, Austria, Australia, South Africa, and the U.K.? At what point does it make sense for them to no longer offer these coins to the United States or to North America, just to offer it for their own purpose?
Populous and so when you realize that really you have six major mints and if we have disruptions like we saw in 2020 with the supply chain or they just say you know what it's a natural we're doing this as a national interest type of thing where we're no longer going to offer these coins like that everything is gone and when you realize that you know we're the pimple on the elephant's rear end though that is the hard asset people who have who have entrenched and have hung on with strong hands and aren't aren't They
will learn about it soon enough.
Right.
And when that happens, that's when everything goes crazy.
As I mentioned the last time I was on your show, we did.
We added 45,000 14,000 clients in 45 days, that's four years worth of growth in 45 days when Silicon Valley Bank was bailed out, which they shouldn't have been.
And that was why there was such outrage.
Wait till the next one is bailed in and people realize that everything over the FDIC limit, which is a scam, There's only 125 billion in FDIC assets backing 18 trillion in deposits.
Wait till the next one is bailed in.
And when that happens and people realize that their money isn't even safe in the bank, I think it wakes up the public to where do I put my money?
And that's something that I think will be very much eye opening for the public.
Oh, yeah, yeah, yeah.
And those who are late to the game are going to lose a lot of their fiat assets.
But let me bring in Senator Menendez and his story quickly, because I did I did a really popular podcast on this.
I just want to repeat the summary here and get your reaction.
So, as you know, Senator Menendez, a Democrat senator, stands accused.
He's been charged with bribery and kickbacks or whatever, because they they found in his home gold bars and apparently four hundred and eighty thousand dollars in cash fiat currency dollars.
So Senator Menendez, who let's reinforce that he should be considered innocent until proven guilty, because I respect the due process in this country.
But Senator Menendez then...
In a defiant speech, he rejected all the charges, and he said that he's been buying this gold using his own money that he's taken out of his own bank account over time, and he's been collecting cash by taking out $1,000 at a time over many, many years to equal $480,000.
And he said, but this is what's critical, he said that he's doing that Because, and I'm paraphrasing, because of the risk of government confiscation of money, which implies out of the banks.
And he said that this has happened in Cuba before, but he never lived in Cuba.
He's not a Cuban senator.
He's a United States senator.
And the point of this is that a US Senator, Senator Menendez, is fearful.
He's so fearful that the United States government will confiscate money out of the US banks that he himself is holding assets in gold and cash.
What does that say?
Well, whether they confiscate it by decree or by bail-in or by inflation, the same thing is true.
And it's no different.
It is, but it isn't.
And the senator from the state of Idaho got up on the House floor and said, we need to allow our constituents to do the same thing that the central banks around the world are doing.
And it's to get out of the way of the brain-dead monetary policy of the Fed.
So you're right.
I mean, I think it says a lot, although coming from someone who is Who is being accused of a pretty egregious crime.
If indeed it is true, you know, you have to take a little bit of it with a grain of salt.
But look, I think that is coming.
There is no question.
The number two person in charge in terms of economic advisory to the US government is Lael Brainard.
And she is a modern monetary theorist.
Her whole premise is to call the banks.
And when you see the Federal Reserve allowing the money markets, to in the commercial banks to invest in the overnight reverse repo market they are aiding and abetting the destruction of the regional banks because they came out in March and said we probably should stop this because all the money is siphoning to the money markets which are going into the overnight repo which is paying 5.3% versus a one-year CD in a regional bank that is is not too big to fail that will be bailed in according to Janet Yellen according to the Dodd-Frank
Act And the best you can get on a one-year CD is 4.5%.
You get daily liquidity in a money market.
So when the Fed is allowing this, this is exactly what they're trying to do.
They're trying to call the banks to get rid of a large swath of the banks, have a handful of commercial banks, and go modern monetary theory.
And it only supports even more when you see the lead economic advisor for this country is Jared Bernstein, whose whole thesis is losing the world reserve status.
I don't know about you, but if that's something I wanted to do, I'd start with weaponizing the dollar and telling Saudi Arabia, which is the linchpin of the hegemony, hey, we're going green and we just signed an executive order to that point.
You can't make up the stupidity of the things that are happening or the laws that are being passed.
So to his point, yeah, I think there is a high probability whether it be by bail-in or by inflation.
Keeping your money in dollars and in the banks is probably the worst place it could be, although I don't know if it supports his argument.
I think you should take it for what it's worth, though, and there is something to be said for it.
Well, and also, I mean, look, if they're trying to destroy the World Reserve status of the dollar, they're doing a great job because this is, historically, this is very rapid, this shift that has taken place.
But I'm not sure that the American people yet understand what this means in terms of their own wealth.
And how much things are going to cost when the dollar is no longer subsidized by the rest of the world in essence.
So when America has to start earning the value of its currency rather than exporting debt and just sending out IOUs and getting goods and services in exchange for that, What's going to happen to the price of things at Walmart or the grocery store or automobile parts or tractors or aircraft, anything, telecom, computers?
What's going to happen to the prices of things that Americans buy?
Well, first of all, you know, when you see that the BRICS countries control the majority of the Oil production in the world.
Look, oil goes into everything from surfing the internet, to mining, to farming, to producing anything.
And so as oil goes higher, which I believe it will, you know, you just saw it break 90 and you're seeing the production cuts by OPEC and, you know, you're going to see things getting much, much more expensive.
And as we talked about the very first time we did a show, Mike, what happens when Saudi Arabia and the rest of the BRICS nations Come out and say, look, you know, you guys are going green.
We respect it.
You've protected us for 50 years and that's why we've denominated oil in dollars.
That's created a synthetic demand for the dollar that won't be needed anymore.
And you can see that by the erosion of settlement right now with, as you said, all of these countries that are trading mutually, unilaterally in their own local currencies.
In fact, at the end of the BRICS meeting, that was the statement.
We will all trade in local currencies.
We agreed upon They, being the BRICS, the 11 countries, agreed to trade in local currencies until they come up with some sort of a mutual settlement, all in the effort of decreasing dependence on the US dollar.
And I always mention your name and Operation Sandman.
So what happens when that happens?
What happens when the 150 countries, or however many it is, are all in place in terms of their You know, their stability in a system that is being built as we speak, militarily and economically and jointly,
where you're seeing relationships being mended between Iran and Iraq, between Iran and Saudi Arabia, between countries that have hated each other in the name of strength in numbers, in the name of my enemy's enemy is my friend.
What is going to happen when you realize every OPEC country is on the Belt Road and they say, hey, You guys are going green.
We're no longer taking dollars for oil and a new settlement currency is agreed upon.
Bang!
Everyone dumps dollars.
What does that look like?
It looks like a tsunami of inflation and interest rates spiking to the moon.
It looks like everything becoming ridiculously expensive and the markets and the dollar getting clobbered.
Could that happen?
Sure.
But I think it happens in a term called logarithmic decay.
Little by little by little by little by little, then bang all at once.
It's like going over the falls.
And I think you can see that, whether it be with the erosion of the way we are viewed on the world stage or the mismanagement of the dollar, the world reserve currency, or even the erosion of the fabric of this country.
And the fact that we are no longer a united country like we were after the Great Depression and World War II where we were united.
We respected the nuclear family.
We respected authority.
And we were in a position not only in terms of savings and very little in the way, if any, we were a surplus country back then, not the largest debtor nation on the planet.
But you look at not just the government's horrible position in terms of 125% debt to GDP. You know, they have $155 trillion in debt, by the way.
They just came out with their balance sheet for 2022.
Medicare, Medicaid, Social Security, government military pensions on top of $33 trillion backed by $5 trillion in assets, the largest being student debt.
$1.6 trillion representing over 40% of our assets.
And the student debt being forgiven, so it's not even being treated like an asset.
It's just going to be written off.
But then you look at the public.
Over a trillion in credit card debt, 17 trillion in household debt, 65% living paycheck to paycheck, 45% over 100 grand earnings paycheck to paycheck.
We are not in a position to weather that type of an environment where the dollar is dumped as the world reserve currency because it is the protection of the Saudi kingdom that has given us the petro standard.
Of course, there's the full faith in credit.
We just mentioned they're broke, they're insolvent, 125% debt to GDP. And in terms of faith, Well, you know, how much do you have to say about what's happening with the judicial system and with the legal system?
Let me talk about faith on a global scale here, though, because, as you know, the World Reserve status of the dollar has been reinforced since the post-World War II era by the perception internationally that the U.S. military could project power.
Basically, the US military would destroy your country if you didn't follow the dollar and the economic sanctions and so on.
The military would just destroy you.
I mean, ask Gaddafi.
Oh, wait, he's dead.
He was killed by America for that very reason.
But my question to you is that NATO is losing the war in Ukraine badly, badly.
I mean, when the truth comes out about this, it's going to be so shameful that the entire United States military could not defeat Russia in Ukraine.
It couldn't even come close to it, by the way.
Not even close.
When M1 Abrams tanks start getting blown up on the plains of Ukraine, that's going to be a devastating turning point for the U.S. military-industrial complex.
So Russia is going to win this war.
Rather decisively, Russia has built up its domestic economy.
Russia has built an industrial infrastructure that actually mirrors America's post-World War II infrastructure, which is one of the reasons why the US defeated the Nazis in World War II, which Russia is defeating the Nazis yet again, it seems.
So what will be the impact in terms of the global perception of America's strength when NATO loses this war and Ukraine is routed and Zelensky ends up being killed by his own generals and it's over for Ukraine?
What are the impacts geopolitically or in terms of currencies?
That's why I think the BRICS are taking their time and doing things the right way methodically.
Look, you have two of the three largest nuclear arsenals on the planet in the BRICS group between Russia and China.
You have a military might far greater than that of the West when you put all of these countries together.
And if we lose the ability to coerce countries into following our Our doctrine or our path.
We've already shown to them what happens.
If you don't, you're going to lose your assets.
You'll be kicked out of SWIFT. You know, this is what is bringing everyone to the table.
And if it does play out that way, look, you've got a Russian general that said it's now a field day, calling for a field day on the M1 tanks that they're going to go after.
You're going to see that happen.
I think very, very much the Emperor will be seen for what it is, having no clothes.
It's a peek behind the curtain, the Wizard of Oz, the little old frail man, not the booming voice and fire that we see.
And, you know, we're not in any type of position, either socially, morally, militarily or economically to continue on that path.
And so I think it will be a very it will be a very difficult awakening.
It will be a religious experience for a lot of people.
You said it.
And I do mean that.
I really do.
I really do mean that.
I think you'll you'll see things that will happen that because, look, everything has been built up to a level through through suppression of interest rates and easy money that has created massive distortions and asset prices.
And so there are so many people loaded with that, nothing in the way of savings and these asset prices, which make them feel wealthy, in that moment would absolutely collapse when the dollar is forsaken.
And a new settlement currency and a new system based on trust Takes over for the West.
And that's your Klaus Schwab moment.
You go back to Thomas Jefferson who said the same thing 300 years ago.
He said, if we allow a central bank to control our money supply first by inflation, then by deflation, we'll end up renting back the land our forefathers conquered.
Well, look, the inflation thing happened.
And they incentivize all of this debt with no interest rates and easy money.
Everyone expanded what they could otherwise afford, including the government, including corporations, including individuals.
And now comes a deflation where rates are rising, economies slowing down, everything crumbles.
It sounds a lot like what Klaus Schwab said, you'll owe nothing and be happy.
Well, what happens when you add on to it the loss of the reserve status?
It's a very scary thing.
It's a reset.
Yeah.
I want to add to that.
I completely agree with everything you said.
It is a reset.
It's a permanent reconfiguration of the global economic dynamics.
But we're also seeing another factor that I want your comments on is we're seeing a lot more We've seen India ban exports of rice as its rice supply is really endangered because of flooding and crop failures.
We're seeing the agricultural disputes right now between Poland and Ukraine.
We're farmers in Poland, and there's an election coming up in a couple of weeks in Poland, and those farmers are very concerned.
So Ukraine is threatening to ban exports of Poland, and Poland's trying to ban exports out of Ukraine.
Essentially, globally, we're seeing a breakdown of the globalization that has really, I think, defined the last several decades of efficiencies of scale, economies of scale, cheap goods, cheap, secure transportation by international cargo ships, Often defended by the United States Navy on international shipping routes, by the way.
But now all of that is breaking down.
And with globalization breaking down, then we lose all of those economic efficiencies.
Things collapse back to a domestic local level.
Suddenly you're paying ten times the price for things that you used to get from China or Vietnam or wherever cheaply.
Isn't this happening at an accelerated pace right now?
100%.
It's the lack of trust.
And if you don't trust, then you can't have globalization.
And look, Tanzania just did the same thing.
They just started buying local gold to bolster its foreign reserves.
So You're going to see more and more of this happening with countries and I think they'll start to defend their national interests, whether it be their natural resources in the ground or the things that they produce or the gold that they would otherwise sell.
Absolutely.
The fragmenting of the globalization is happening right in front of your eyes.
And more importantly, a lot of these countries that have sold us their goods have done so because the dollar was, you know, the Well, it was the reserve currency.
Right now, I guess you could call it the best smelling shirt in the dirty laundry basket.
But, you know, there hasn't been anything that has ever risen to challenge the dollar.
In every respect, militarily, economically, you name it.
And you can see that this is a very well thought out plan that these countries are doing, and it's all based upon natural resources and commodities, as Zoltan Pozar said.
What do we produce anymore?
We don't produce anything.
All of the jobs are service related jobs.
So yeah, you're exactly right.
You're going to see a continued breakdown in the globalization, meaning everything becomes more expensive, especially if people don't want to accept our dollars for what they do produce and what they do provide.
But, you know, you can see that that's exactly what China is doing with the Belt Road as an example.
Being the largest infrastructure project in human history, the roads, the bridges, the maritime channels, all of that stuff will only be patrolled by military and commerce and the West isn't part of it.
So you look at the BRICS Naval Alliance, it's set specifically to patrol the Indian Ocean because that's exactly what the U.S. has done in terms of You know, providing safe passage on these pathways.
Well, now you've got the BRICS Naval Alliance.
That's Iran and Saudi Arabia and India and Omar.
You've got all these countries that are joining.
In order to, and Oman, sorry, that are joining to provide stability and safety.
You have to stop the pirates.
The north-south corridor that goes from Iran to India.
All of these transportation routes are very much...
Part and parcel with the formation of these alliances, and it's growing by the day.
Let me interject, Andy, though, that as China's Navy becomes ever more powerful, because China is producing naval vessels at an accelerated pace, they already have more naval vessels than does the United States Navy, and they have aircraft carrier factories now.
They're going to be churning them out at an accelerated pace.
China is going to be sailing the Straits of Taiwan.
China is going to be running the whole gamut there all the way to the Philippines and Australia.
And, of course, you know, Singapore and Southeast Asia.
China is going to be providing security for many of the countries that America currently depends on for cheap exports.
And if China decides to carry out an economic blockade against the United States, especially during a time of war, maybe with some action initiating over Taiwan and Japan getting involved, then the U.S. has no practical means to defend the export system.
The sea lanes coming out of Korea, Vietnam, China itself, Taiwan itself, Japan, and so on.
And the U.S. will be suffering an economic blockade of historic proportions.
Absolutely.
You also got the Straits of Hormuz, the Straits of Magellan, you got the Suez Canal, and the whole Eurasian landmass controlled by the BRICS now.
So they are exactly doing just that.
They are very methodical and thought out as to how they are Positioning themselves and you can see that.
I mean, that's exactly what you would need to do, that the West thinks In terms of immediate gratification, these countries are doing what they need to do to cross that Rubicon where they finally take over, where they finally say it's time for a change and you can see it's being done methodically.
The West will not have any ability to push back against what amounts to the majority of human population and the military might much stronger than ours and the GDP much bigger than ours.
So it's happening right in front of our faces if you have the willingness to open your eyes and look.
I have a feeling that there are going to be two categories of people at the other end of all of this.
There's going to be people who own real assets, which would be gold and silver and land and other real assets that hold value.
They can't be manipulated by governments.
And then there are going to be people who have nothing.
I mean, that's it.
If you put your future in banks and dollars, you have no financial future.
I mean, your friend Robert Kiyosaki said the same thing.
He won't invest in anything that you can print.
He says the dollar, he holds up a dollar bill.
This is toilet paper, he says.
This is going to be worth less than toilet paper.
He's absolutely correct.
For all those people holding those dollars, they're going to be penniless, left with nothing.
100%.
And now you have, since the BRICS meeting, another 23 countries that have formally applied and another 22 that have expressed interest.
It's a growing trend.
It's a growing progression of events.
And there's a lot of thought being put into who is joining.
That's the thing about issuing a competing currency to the dollar.
You have to have enough of a mass in order to gain acceptance.
And so, you know, you could potentially see north of 50 countries join the BRICS by the next meeting in Russia next year.
That's right.
The coercion and the sanctions and the bullying by the West that is bringing everyone to the table.
It is the safety in numbers and it will be the backing of commodities using, I believe, blockchain technology to show the veracity and the immutability of what each country pledges to the system with transparency and auditing and very quickly you have confidence reinserted into a system and a whole new Platform that's based on commodities and transparency rather than coercion and debt instruments that definitely have, I think, run their course and are on their way up.
I'm sure you saw that JP Morgan announced that they are rolling out a blockchain-based clearinghouse system backed by JP Morgan, where you could send essentially JP Morgan, you know, tokens to To other destinations around the world in order to issue payments.
And I was just thinking, since JP Morgan just paid, I think, a $73 million settlement related to money laundering for Jeffrey Epstein, then we should call these new coins pedo coins.
And we also just saw yesterday, the day before, that Citibank just came out with the exact same thing called Cititoken.
And they say it's a blockchain technology to offer digital asset solutions for its institutional clients so that they can reduce the friction.
And they must have mentioned the word regulatory framework 50 times in the article I read, really hammering that home.
You see one of the biggest banks in Australia that said by January they're going cashless.
You can no longer go into a bank and take cash out, period.
But isn't this...
Two grand on an ATM, that's it.
How intriguing is it, though, that banks, large banks, like J.P. Morgan and Citibank, are essentially now bypassing their own nation's national currencies to become themselves a kind of world reserve micro-currency?
I don't recall seeing that before.
I mean, doesn't that tell you these banks have no faith in the world reserve status of the dollar?
It does.
It also tells me maybe they're going to be the ones, those that are doing this, that will be there when the culling of the banks ends, that they are indoctrinating people into the use of digital money.
It's like FedNow.
You know, FedNow is the Fed's version of Venmo, only on steroids and instant settlement.
That will take the place of checks.
It will roll out slowly.
And gain acceptance by people over time.
And then you have these banks that are saying, hey, you want to make it easier to transfer your money?
Take our digital token.
So when the CBDC does come out, as the BIS said, everyone has to have one operational by 2025, there'll be greater acceptance.
I only think there'll be a few of the banks that survive the culling of the banks, and there will be a lot that will be sacrificed at the altar.
And you look at some of the Patents that Bill Gates has at Visa and on the new 2020 enhanced ID and the way that all of these things mesh up with your medical records, your bank records.
And I do believe Citi and JP Morgan are in some of this verbiage, some of the patents.
So there will be a few commercial banks that are there.
It's my feeling that they are rolling these out slowly in front of any submission of a digital currency.
To get people, especially institutionally, comfortable with the concept of using digital payment services.
So, you know, I don't think that it's their way of pushing back against the system as much as it is kind of the counterintuitive play, kind of the reverse psychology, so to speak.
Yeah, we're on your side.
Here's a way you can get out of the system.
It's digital and it's very convenient and it's regulated.
So that when we see a greater expansion of digital money, I think that's a clue as to who will not be sacrificed and who will still be there at the end of the culling cycle, which is coming.
Well, I would trust a BRICS currency more than a JP Morgan currency because JP Morgan deplatforms people for their viewpoints, for being conservatives.
And BRICS nations are adhering to a philosophy of not weaponizing their system because they saw that that's what the U.S. did.
I mean, isn't it the greatest financial mistake in history to have weaponized the dollar and...
Just driven a stake through the heart of a system that was, frankly, one of the most lucrative, rigged systems of free money ever invented in the history of the world.
And Joe Biden destroyed that.
Well, not just Biden, but the handlers and so on.
They destroyed that.
Actually, it was the most successful financial con in history.
And they decided to surrender it by weaponizing it.
That's why I say this is planned.
I mean, look at what Jared Bernstein wants, the lead economic advisor of this country.
His whole thesis, Google dethroned King dollar, a report picked up in the New York Times or comments he made during the Trump administration that the Washington Post picked up talking about the exorbitant privilege of being the world reserve currency is one we can no longer afford.
I mean, if you wanted to lose it, Two things.
Weaponize the dollar, freak everyone out, and then tell Saudi Arabia we're going green.
You couldn't draw it up any better.
Yeah, exactly.
It's stupid, or this is planned.
And then look at the number two.
Lael Brainard, modern monetary theorist, ran point for FedNow, worked with MIT when she was at the Fed, developing Also the executive order to fast track the CBDC. How do you do that?
Make everyone afraid to stay in the regional banks.
Bail one in and watch what happens.
Everyone goes to the handful of the commercial banks, the too big to fail banks that we're told will be safe.
And the whole banking system collapses as rates go higher and higher and higher as these banks are forced to sell their 10-year treasuries that are toxic.
And as that happens, rates go higher and higher and higher and the banks collapse faster and faster and faster.
There'll be a handful that survive and wow, all of a sudden you got five big banks And a central bank digital currency on the horizon.
So could it be that this was planned or are our leaders just that naive and that stupid to not realize that weaponizing the world reserve currency would have these kinds of ramifications?
Controlled demolition is the answer to your question, as you will know.
Controlled demolition.
Because in the safety of my talk with you, I can say that, you know, and I don't know how you feel.
I mean, You talk to people who you know will look at you cross-eyed when you say this, and that just, you know, I think is the sad part of it all, is that most people cannot get out of the way of what they don't see coming.
Most people would never acknowledge that these things are actually possible in the land of the free, right?
And the U.S. would never do that, right?
So I don't know, but all I can tell you is that, yeah, it very much seems to me that this is a controlled demolition, that If it wasn't intended, then our leaders are really pathetic and stupid, and it seems to me they're not.
They know what they're doing, and they're creating an environment where no one trusts us anymore, and even we don't trust each other anymore.
The fact that this country is so divided and there is no unity just makes it that much harder to rally with our backs against the wall, to fight back, to push back, to become united against a common threat.
Instead, I think you'll have more people that will just bow down when they lose everything and they'll be happy to take the CBDC. Have no fear.
Lil Brainerd is here.
Sign on the dotted line.
It doesn't matter that you've lost everything.
We'll make you whole because that's what modern monetary theory does.
And it's weird to even try and think these things through and say, is it really possible that But then you look at who's advising the country and the stupidity of the decisions.
And again, look at what's happening in the Ukraine.
The fact that Rand Paul continues to try and get the Senate to allow oversight for independent auditors to show where all the money has gone.
And the fact that our city, San Francisco, Chicago, Philly, New York, is being decimated.
And look at the border.
Thousands of people every day coming in.
It's almost an invasion.
And yet, we're talking about shutting down essential services in this country while still paying 55,000 57,000 first responders in the Ukraine.
I mean, it just makes no sense.
How about border protection or the first responders here or the poor folks in Palestine, Ohio, or the people in Maui?
It's like you can't make it up.
Well, say goodbye to the greenbacks and say hello to...
Squirrel currency.
This has a squirrel on it, and I was trying to find like the $10 trillion bills or whatever, but you've seen, here's a million dollar bill, and here's a $10 million.
Wait, does that say...
Oh, I'm sorry.
Here it is, $10 trillion.
This is actual currency, folks.
$10 trillion right here, issued by the government with, you know, leaders' pictures and holograms and all the security features, you know, because it's real money.
No, it isn't.
It's garbage.
Why don't you do it all at once like that or over time?
Look, the GI Bill, when the World War II vets came home, they were given $10,000 for life insurance policy.
It doesn't even buy your casket anymore.
You know, my dad's first job out of college, when he graduated college in 1963, he hoped to make $10,000 a year.
The first Corvette he bought was $6,000.
Wow.
It's little by little, and I don't understand why we have been convinced that 2% inflation is what we should strive for.
How about negative 2%?
Because the inflation rate, the higher the standard of living.
It's 2% theft every year.
Into believing inflation is good.
No, it's completely insane.
But look...
First of all, I want to be respectful of your time.
And we've covered a lot of topics.
I want to remind people of your website, milesfranklin.com.
If you're watching this and you want to get into gold and silver, Andy's company here, this is a really solid way to go.
Very reliable, trustworthy, helps a lot of people.
So again, milesfranklin.com.
Or milesfranklin.com for a more in-depth edit.
Yes.
Price sheet on anything over $10,000.
Really?
Okay.
Super secret pricing.
Info at milesfranklin.com.
Okay, got it.
Let me just ask you for final thoughts then, because we do need to wrap this up.
We'll have you on again.
But, you know, we've covered some fascinating topics here and some alarming topics, in my opinion.
But how would you put an end cap on all of this?
You know, I would just tell people that this is real, that it's accelerating, that it is coming, that the things that people thought would never happen are happening, and they're coming.
Protect yourself.
Open your eyes.
Spend some time understanding what is happening, because really, the saddest part about everything is that the world is changing much more quickly than most Americans understand.
And because there's virtually no coverage of the rest of the world, In the American media, most people don't have a good sense of it.
And I would simply say that the dominance of the dollar and the SWIFT system and NATO, all of these things seem to be crumbling.
They sure appear to be crumbling as we speak.
I think it's very, very important.
If you are thinking of buying precious metals, understand to me it is not an investment, it is wealth.
And it is wealth that has outlived two world wars, German hyperinflation, the Great Depression, every pandemic, everything the world has ever thrown at it.
The central banks are buying more than at any time in history.
And they're not just the most Wealthy investors.
They're the most well-informed investors and they are using the suppression of the Western paper markets to run cover for their de-dollarization and their acquisition of what is the world's only other tier one reserve asset.
So to me, gold and silver are wealth and they are not an investment.
And if you are looking for a way to protect yourself when all of these things happen, if we see what happens, if we see If we see what we're talking about, if we see the dollar dumped globally, if we see Operation Sandman, if we see OPEC say, hey, thanks, but we're no longer taking dollars anymore, there are very few things that will survive.
Stocks, bonds, and real estate are all inversely correlated to precious metals.
But you know what?
So is gold.
And in economics, it's called Gibson's paradox.
It's the inverse relationship between real interest rates and gold.
And if it was a normal, stable, strong economy country, and you could get 12% interest rates on the treasury, yeah, you'd be foolish to buy gold because you would make a nice return in a stable system.
But what good is 12% or 15% or 20% in a currency that is dying and inflating, like you said, and printing new bills to $100 trillion?
It's a situation where this time it's different and it's not about return On your money, it's about return of it.
People think they're earning 5% right now in a CD or something in a bank.
I'm trying to explain.
You're not earning 5%.
You're losing 15% because real inflation is closer to 20.
I mean, you're not gaining anything.
If you want to gain...
Well, there's one other thing to mention, too.
The first time in 45 years, just happened this week.
For the first time in 45 years, gold has less downward volatility Then the treasury market.
And, you know, since the end of World War II, it's been dollars and treasuries as tier one assets.
What did the BIS say?
Oh, gold is also tier one.
Why would you see downside volatility in treasuries and gold holding its own, even in a rising Interest rate environment because the central banks are selling treasuries and buying gold.
They're supporting gold and they're selling treasuries, which are pushing up interest rates.
So you have volatility in what was considered the most stable, secure market in the world, a tier one asset, and it's transitioning.
Just like the globe is transitioning, so too, I think, is the globe's perception of what money and wealth really is.
And so, yeah, I think that's very telling.
For 45 years, it's never happened.
But it is now, and that's an interesting thing to keep an eye on as well.
It's history in the making, and our world will never be the same.
And those who miss this boat are going to be left penniless and probably homeless and destitute.
I hate being the bearer of bad news.
I hate being this guy, Mike, but I feel it's so important for people to at least acknowledge the fact that things are changing.
And it's such an honor to come on with a guy like you who gets it as much or more than anyone in this entire space and has the courage to speak the truth.
And honestly, it's an honor.
You don't ever have to twist my arm to have me back.
I'd come back at the blink of an eye because I follow everything you do.
When history is rewritten, it would be guys like you that ought to have a place in people's hearts because there are very few people speaking the truth the way you are.
It's just great to be a small part of it.
Well, that's, I mean, high praise.
Thank you for that.
I'm a little bit humbled by that.
But you're speaking the truth in such a powerful way.
And I do want to offer you, the next time you come on, I will pay you $10 trillion for appearing here.
Deal.
Okay, I will set this one aside for you.
Dollars and dinars.
Which one?
Can I buy any gold from you with this bill?
It's $10 trillion, Andy.
Is it Zimbabwe or is it Iraq?
This one's Zimbabwe.
Well, maybe someday.
There are a lot of people who are waiting for a re-evaluation in currencies, and maybe someday that'll be worth something.
In the meantime, I'll trade you a silver coin for it.
I'd like to have it as a trinket.
I do have a silver 308 round right here.
I have a couple over there, too.
How about that?
Absolutely.
I think we probably got it from the same guy.
We'll work out some kind of deal.
I've got to get rid of this fake fiat currency here that's been sitting around.
I've got to do something with it.
Maybe you'll give me one gram of silver for all this paper or something.
In the end, I think real money pushes out bad.
So, you never know what the future may bring.
But again, thanks for having me.
Thank you, Andy.
And I'm sure there'll be lots to talk about next time because acceleration week-to-week, day-to-day is just astounding.
And lots to keep an eye on.
And I'll be watching and look forward to picking up where we left off next time.
Thank you, Andy.
We appreciate you.
Have a great evening.
And for those watching, again, his website is milesfranklin.com or you can email info at milesfranklin.com to get specials or special pricing.
Special pricing and any questions you have at all.
Okay.
If you need to talk to me, address it to me and I will reply.
Email info at milesfranklin.com and ask him if he'll take squirrel money.
Okay, no, sorry.
Andy, thank you so much.
Have a great evening.
It's been great talking with you again.
Stay well.
All right.
And thank you for watching.
I'm Mike Adams here, the founder of Brighteon.com.
As you notice, this is an uncensored interview, and that's what's wonderful about this platform.
We don't have to speak in code like people try to do on YouTube.
So whenever you want the truth...
The hardcore reality, the real interpretation of what's happening, you can find it right here on brighteon.com and on my channel, HR Report, which is Health Ranger Report.
Thank you for watching today.
Be prepared, everybody.
Difficult times await us straight ahead.
But I say God bless America, and thank you for your support.
Take care.
Welcome to today's episode of Decentralized TV.
I'm Mike Adams, the founder of Brighton.com.
And as always, joined by my co-host today, Todd Pitner, who will come in in just a second.
And as you know, here on Decentralized TV, we focus on bringing you solutions for decentralized living, which means that you are in custody of your assets and you're not subject to the centralized controls or limitations or tyrannical, you know, authoritarian banking system or what have you.
And so we have a very special guest today, someone who you probably have read his books.
It's the author of the Rich Dad, Poor Dad series, Mr. Robert.
Robert Kiyosaki.
And I'm a great fan of his.
He's a modern-day legend in the world of finance and helpful advice.
And I just want to welcome both of you to the show, Robert Kiyosaki and Todd Pittner, my co-host.
Welcome to the show today.
Thank you.
Hola.
Hi.
Great to have you both with me.
And may I call you, Robert, for the rest of the show?
Is that okay?
Okay.
Your information has helped many tens of millions of people around the world handle their assets in a way that makes sense.
Thank you.
And yet, Todd and I both watch your videos and your interviews and your warnings about BRICS and de-dollarization and what's happening with fiat currency.
You are very concerned about where things are headed right now.
Could you give us an overview of where you think we stand at the moment?
Yeah.
Well, as most people know, it was in 1971.
President Nixon took the dollar off the gold standard and that meant the money became fake money or fiat currency.
And fiat means by government decree.
And so far throughout history, no fiat currency has ever survived.
In fact, fiat currency has brought down the Chinese Empire, the Roman Empire and the Greek Empire.
So in 1971, at the time I was flying in Vietnam, I was I flew one of these in Vietnam, a helicopter gunship.
Wow.
And my rich dad sent me a letter by snail mail saying, watch out, Nixon just took the dollar off the gold standard.
He said, the world's going to change.
I had no idea he was talking about.
But we've all seen it since then, is that anytime the government gets in trouble, they just print more money.
That's right.
And so just recently...
I'm not trying to blame Biden, but he's not my favorite person.
You know, Trump and I are really good friends.
We wrote two books together.
It's one of our books together here.
Yeah.
And we're capitalists.
And, you know, Biden's a communist.
Yeah.
No argument with that here.
No.
That's for sure.
And anyway, is that just recently they took the, you know, they raised the debt ceiling again.
And I was just on Fox with Charles Payne.
So Charles Payne wanted to know what that meant.
And the reason he was concerned is because our credit rating in the United States via Fitch Rating Services downgraded the U.S. debt from AAA to AA+. And the average American has no idea what that means.
That's right.
Because we have no financial education in our schools.
So that's my concern, and that's why I write and I speak.
And then in the two months since You know, Biden or Yellen, the Secretary of Treasury, took the ceiling cap off of our debt, is our debt increased by $1.8 trillion in two months.
And the last time, it took us 209 months after Nixon to get to $1.8 trillion in debt.
And now it's being done every two months.
That's not sustainable.
That's a hyperbolic blowout.
Yeah, we're in a collision course for disaster, or we become the Weimar Republic that brought Hitler to power, or the Chinese government when they started printing, they printed the first paper, like Chinese did, and the Greeks and the Romans.
So we're in a collision course for disaster.
And that's why I wrote Rich Dad, Poor Dad back when I was 19...
I can't remember anymore, but anyway, 25 years ago.
Yeah.
That's still number one in the world.
Absolutely.
And I want to give out your website, too, and I'll bring you in, Todd.
But richdad.com is the website, folks.
If you want to learn about Robert Kiyosaki's information and books, if you're not already familiar with them, and here's a Financial Freedom Summit and some other information, you can check it out at richdad.com.
Of course, we've got quite a few questions for you, Mr.
Kiyosaki.
But, Todd, you want to chime in here?
Because I know you're a fan of Robert's work as well.
Yes, I am, Robert.
I remember lots of hours driving where I listen to your audiobooks all the time.
So it's a pleasure to meet you in person.
And, you know, a lot of people, though, they take a look at the stock market right now and they're like, you know, it's strong.
There's nothing to worry about.
Nothing to see here.
So my question to you, sir, is what is the consequence of Washington just ripping the ceiling off the debt, sir?
Well, like I said, it allowed the U.S. government, every time we got into financial trouble, we'd just print more money.
And if you and I did that, we'd go to jail.
A guy named Bernie Madoff did that and A bunch of characters have tried to do it.
But there comes a time when you can't print any further, and we're pretty near that point right now.
How does that impact, then, inflation?
Just normal people who may not be really attuned or interested in finance.
I mean, we're feeling it at the grocery store, aren't we?
Right.
And again, you know, Trump is my friend, and Biden's a Marxist.
But it's not that what they say or do, it's whether they do.
So the first act that Joe Biden did, and you guys are from Texas, near Austin, first thing that Joe Biden did was take, he canceled the Keystone XL pipeline, which is a pipeline running from Canada to the Gulf of Mexico.
That's right.
And the moment he did that, I sell oil out of Texas and Louisiana and North Dakota.
I don't buy oil stocks.
I don't have Chevron or BP and all that stuff.
I own the real oil.
And when Trump was president, I was selling oil for 30 bucks a barrel.
The moment Biden cut that Keystone XL pipeline, that was in 2020, you know, just before the riots in January 6th or something like that.
The price of oil went from $30 a barrel to $130 a barrel.
And immediately, I knew what Biden was doing.
His plans are to crush the poor and middle class so that we're on the verge of revolution.
And so when I sit in my car and I see a mother with kids and her SUV and she's pumping gas and she's watching the gas thing go around, then she's got to feed her kids.
And that's what Biden did.
So it's not what he says.
What does he do?
Yeah, exactly.
The middle class is being completely wiped out.
And even right now, people who have assets, which I think our audience tends to be pretty well off, they're very successful.
A lot of them have owned their own businesses or have worked for 30 or 40 years and saved some money.
And now they're very, very concerned about, first of all, the collapsing value of the dollar itself.
The purchasing power is eroding much faster than the official government rates would admit.
But also the failure of the banking system.
And we saw Janet Yellen testify after the early failures this year where she said, yeah, we'll selectively bail out certain banks beyond the $250K, but we're not going to tell you in advance which ones those are.
So now everybody feels like they're playing bank roulette with their deposits.
And my question to you, and I want to have a conversation a little bit about self-custody, but how...
How foolish is it for people right now to trust that they're going to be bailed out as more bank failures cascade across the system?
Well, I think it's going to get worse, and that's the problem.
I wrote a book.
I don't know if I have it here.
Oh, here it is.
This is the next shoe to drop here.
It's called Who Stole My Pension?
And I wrote it with Edward Sedell and myself.
And it's only now making the news is that Wall Street, a bunch of criminals they are, they've robbed our pensions of the assets.
So pretty soon you're going to hear of school teachers, firefighters, police officers, like CalPERS is the California employee pension plan.
It's broke.
Yes.
It's empty.
So we haven't heard that news yet.
And so my question is, when My generation, I'm 25 years older than you guys.
When my generation finds out they have no money, that probably means they're going to print more money.
You know, like Ben Bernanke, helicopter Ben said, we have a thing called the printing press.
And when they print more money, inflation goes up again.
So why would you save money?
Why would you invest in stocks, bonds, or mutual funds?
Personally, I don't trust anything you can print.
I want hard answers.
That's great.
We completely agree.
And in fact, that's a great segue to the self-custody question.
So here on this show, which is about decentralization, we believe – it's not a belief.
We recognize the facts of gold, silver, and crypto.
And crypto is an honest ledger, right?
No one can artificially inflate the supply of Bitcoin.
Gold and silver inherit intrinsic value that outlasts the fall of civilization throughout history.
And also, you can't just create gold out of thin air.
It takes a lot of effort and energy to get it.
I found that you are saying very similar advice to your audience about gold and silver and crypto, and yet I see sometimes gold people saying, oh, we don't want crypto, and sometimes crypto people saying, oh, we don't like gold.
But you and us all agree that these asset classes have value.
Why is that?
Why have we all come to the same conclusion?
That's why I asked you, but you guys are off the grid.
You know, crypto, I mean, Bitcoin especially, is off the grid.
And that's why I liked it.
But it's blockchain technology, which has integrity, while the Fed, the Treasury, and Biden have no integrity.
Wall Street has no integrity.
So I want something you cannot print.
And that's why I like gold, silver, Bitcoin.
Simple.
And you recently had a prediction on Bitcoin, I believe, of, you know, like a price target for sometime next year.
Are you still, is that number still something that makes sense to you?
I think I was repeating somebody's quote.
Oh, okay, okay.
I don't like making predictions on price.
We don't either.
I say to my friends, it's not, you know, what's the price of a quarter?
Well, I don't care what the price of a quarter is.
How many quarters do you have?
See, I'm so hardcore.
This here is my gold mine.
You know, it's in Utah.
And it's call sign ODV on the New York Stock Exchange.
And as we're working right now, the reason we found this gold mine was because due to digitalization, My partners in Vancouver, British Columbia, Canada, were looking at the records of the old miners back in the 1850s.
And when they digitalized the old, you know, guys with the pick and shovels in the burrows, when they digitalized the records of the miners, they said, oh, my God, they missed the main vein.
Oh, wow.
So again, due to technology, we went down and found this thing, that green stuff is gold.
Wow.
Well, so you did mining of the records of the mining and then found a pattern of where there's more gold.
Yeah, so that's how technology is advancing our ability to see and do and get richer.
Unfortunately, as you know, our schools teach us nothing about money.
That's right.
And that's the biggest problem of all.
Absolutely.
Todd, you want to chime in with your next question?
Yeah, political question.
I know we try to stay away from that, but you referenced Biden a couple of times.
Do you have any insight, Robert, into who is truly Biden's puppet master?
It must be someone or some group who absolutely hates America, right?
I tell you, you're asking the question of all questions.
I just can't believe anybody would vote for him.
Again, let me just say this much.
I went to military school.
I had congressional appointments at Naval Academy and Merchant Marine Academy.
I took Merchant Marine Academy.
And the motto at the Merchant Marine Academy in New York was octa non verba, these not words.
And so as military officers, we're trained not to listen to the words, but watch what they do.
So when the first act Biden did was cut off the Keystone XL pipeline, that's got to be those psychotic Psychotic greenies.
You know, ESV. What's that?
Environmental.
ESG score, yeah.
Yeah, so it's those psychotic greenies.
I'm a greenie too.
I don't want this planet destroyed, but these guys take it too far.
And right now, they're making it so hard.
I drill for oil.
I don't have oil stocks.
They're making it so hard to drill for oil, the price of oil keeps going up, which makes the poor middle class poorer.
Now, I get richer.
But that's not good because that leads to revolution.
That's my concern.
Well, and this is a deliberate takedown of the energy infrastructure that drives economies and also feeds populations.
So along with this, we're seeing a lot of shutdown of farms across Europe, for example.
In the Netherlands, seizing over 3,000 farms.
The price of meat skyrocketing across Europe.
And a lot of that's tied to the climate agenda as well, saying that meat is bad.
In Australia, they're talking about now permanently banning The installation of gas stoves and new home construction.
And that's already the law in New York State, as you are probably well aware.
So, you know, what kind of future do they want for us?
Where we're sitting in a mud hut with no electricity, no air conditioning, no hot water, and then we're supposed to say that we've finally reached equilibrium with the planet?
And we're starving, too, on top of that?
Is that the future they want for us?
I think so.
I think that guy, Michael Schellenberger, who wrote San Francisco's San Francisco, he called these environmentalist apocalyptic greenies.
That's a good term.
All they do is scare everybody.
That was like, what's his name?
Who was Clinton's vice president?
Al Gore.
Al Gore.
They show the ice caps melting.
They show the trees being deforested.
And they say, we're going to all die.
That's apocalyptic greenies.
You know, greenies.
And then on the other side, they have the Black Lives Matter guys who are the equality psychos.
I mean, these schoolteachers I taught at Arizona State last year, and 39 professors shut me down.
No kidding.
Yeah.
I mean, most school teachers, like my poor dad, are Marxists.
They just don't know it.
The problem is, they never read this book here.
Oh, there you go.
Yeah.
So in 1965, when I left Hawaii to go to school in New York at the Academy, my economics teacher had me read this book here.
And I said, why are you reading this book?
And my economics teacher, who was a West Point graduate, said, know thy enemy.
And the enemy are our school teachers.
That's funny.
When I was in college, I had an economics professor named Ishizawa.
And he did much the same thing, and he had us build an economic simulation on the early...
The early IBM PC wrote an economic simulator to demonstrate what he was talking about.
But today, people lack basic financial literacy.
So, for example, and I know you've talked about this on your show, I've heard you talk about it, but the average American, and it's not just Americans, it's Europeans, it's Canadians and so on, they don't understand compounding interests, number one, or compounding anything.
How about compounding inflation?
Exactly.
Right.
So they don't know that if you're losing, let's say, 1% a month in purchasing power of your dollar, You know, where that's going to be, you know, rule of 72 and all that, where that's going to be.
It doesn't take long to lose half the power in the dollar.
And I've seen people who live in a house for 40 years sell the house and think they made a fortune on it, but the money is worth a fraction of what they originally paid for the house in the first place.
They didn't gain anything.
Well, the reason is our schools don't have students read this book here.
You see, the other thing that they don't tell you is it's called indoctrination.
It's not education.
And so when I talk to people, I was just at the gym and I was trying to tell my gym instructor, he's only about 20 years old.
I said, buy silver.
No, he'd rather save this stuff.
That's how stupid he is.
And this will hold its value.
No, I'm going to save dollars.
He sounds like my whole family.
You should tell them you're going to pay them in silver.
And don't you say, Robert, that saving dollars is a sport for losers?
I think I've heard you say that.
Well, this is toilet paper.
Just think of it as toilet paper.
Yeah.
One day, it'll be worth less than toilet paper.
And the toilet paper gives you more space.
But anyway...
From what you've said, too, about where you invest your funds...
Because you've earned off of your books, you've worked hard, you've earned assets and you put them into oil exploration, you put them into gold mining.
You are putting money in places where it produces value for society.
And it's not just speculation on derivatives or financial instruments or abstractions.
It's something that's real.
And I would even count Bitcoin in that category.
It's real because it's driven by algorithms and built into algorithmic scarcity that no one can fudge or fake or counterfeit.
So I just want to say thank you for setting an example for the American people.
Thank you.
More people need to put money in things that matter so that we have a future.
Well, let me step back one more time because, number one, I don't save money.
I save this, silver, and this is gold.
I save gold.
I don't save this, but I also use debt to invest.
And, you know, guys like Dave Ramsey also live debt-free.
I'm a billion two in debt.
Because as I said earlier, in 1971, Nixon took the dollar off the gold standard and the dollar became debt.
Yet people are so indoctrinated into working for this and saving this and investing this for more paper.
That makes no sense to me.
Yeah.
But explain more about leveraging debt to gain real assets because you're a master of that.
You've done that your whole career.
Right.
Well, I always recommend you study because any freaking idiot can buy an apple share.
You just call your stockbroker up and you say, let's say it's $100.
I'll give you $100 to get a share of apple.
Now, if you make a mistake, you can liquefy it that fast.
But you buy a piece of real estate for $100,000, you make a mistake, you've not got to write that baby down.
So my friend Ken McElroy wrote three books on this, my partner.
He calls it the ABCs of real estate, the ABCs of property management, because it's a management issue.
And number three is the advanced guide to real estate.
And what happens for me is, let's say I buy a property for a million dollars, I put up, let's say, 20%, $200,000.
I have 80,000, 800,000 in debt.
I increased the income on the property, the NOI, net operating income, and then the two, let's say, I can't remember anymore, but let's say I have a million dollars into the property.
I borrow out the two million dollars, so the property now is 100% debt, and the company is still throwing cash flow.
That's what my game teaches, is cash flow.
So when you have cash flow from nothing, The return is infinite.
You made money out of nothing.
That's what financial education is.
Can you walk us through, since you do have that cash flow board behind you, and this is based on the principles that you teach, can you kind of walk us through what that's about, the diagram there?
Sure.
When I was nine years old, my rich dad started teaching.
I deal with my rich dad, who's my best friend's father, in Hawaii.
I had to work for him for free, and he would teach me how to be an entrepreneur and an investor.
So after I worked for free, picking up rubbish and a paper or painting things and doing hotels and he owned restaurants, he would teach me about investing and playing Monopoly.
So that's what I did.
I just played Monopoly.
And today, I play Monopoly in real life.
And we all know the formula, four green houses, 1031 tax-free exchange into a red hotel.
So the board game here is the middle, that's called the rat race.
And the rat race is where you go to school for.
So you learn to just work hard and spin and save money, invest in the stock market.
But to get onto the fast track, and in the real world of finance is a fast track, those people are called accredited investors.
And I forget the thing now, yet they may have a million dollars in assets and earn like 300,000 a year or something.
But the average person, the mom and pop of PhDs, Go to college, can't get out of the rat race.
So they never make it to the fast track.
It's where the investments are, which is where the real deals are made.
So I showed you my gold mine and all that.
Those are fast track deals.
So I don't buy shares of stock.
I buy the gold mine.
And that's what capitalists do.
Marxists don't know how to do that.
That's why college professors, for the most part, they work for tenure.
And you're in Austin, Texas, where the University of Texas is.
There's a Marxist institution right there, UT. And they all work tenure.
Tenure means they can't get fired.
So they work for security.
This is the difference.
Marxists work for security.
Capitalists work for freedom.
Exactly.
Well said.
In terms of, then, people needing to save their assets from the collapsing dollar, what can you tell us?
I know you've had, like, our mutual friend Andy Sheckman on many times, and he's fantastic, well-informed about BRICS and so on.
What are your views on the global de-dollarization?
The BRICS nations, you know, coming up here later this month are supposed to make some kind of announcement about perhaps a blockchain-backed, you know, transactional currency among themselves.
What do you think this means for the dollar or the de-dollarization acceleration?
Well, I think in Johannesburg, South Africa on August 22nd this year, the BRICS nations are getting together.
I think the original was five BRICS nations.
Brazil, Russia, India, China, South Africa.
And then what happened is Saudi Arabia joined them.
So it became B-R-I-C-S-S. When Saudi Arabia joined them, that was the death of this dollar.
And now I think there's 41 countries, according to Andy Shekman, who's a genius, 41 countries are now going to join the BRICS. And that means the U.S. dollar is finished because the world doesn't have to use the dollars.
Let me explain one more thing.
In 1944, this became the reserve currency of the world.
And what that meant was it was as good as gold here.
And the U.S. then, because we had won World War II, all central banks had to store this.
So they had to store this in their vaults.
Andy thinks it's probably a quadrillion dollars sitting in these vaults of like the Bank of Japan, Bank of Mexico, Bank of England and all this.
And then Jim Rickards says, it's not if, it's when.
When the dollar goes, when the crypto yuan, goldback yuan comes in or whatever, they call it the BRICS coin, comes in.
Trillions, maybe quadrillions of dollars will come floating back to the United States because it's no longer money.
And so what Andy Schechman is saying is that that's going to cause hyperinflation.
And most of us have heard the story during the Weimar Republic back before 1930, before Hitler came to power.
There's a story of a woman who had a wheelbarrow full of Reichsmark In Germany.
And she went up to the store to buy a loaf of bread.
And she went out and got the bread.
And when she came out, they stole her wheelbarrow and left the cash on the ground.
So that is possible.
I hope I'm wrong.
But Andy and I think that's a possibility.
And so does Jim Rickards, who's a very smart guy.
Yeah, no one can ever accuse Jim Rickards of being a low-IQ individual.
He was, by the way, one of the people who negotiated the first too-big-to-fail bailout of long-term capital management, I believe, in 1998.
And I think the CIA has even used James Rickards for his analysis of money algorithms used by terrorism.
But Todd, we've been talking a lot.
I know you've got another question or comment.
You want to chime in?
Well, was it the silly, crazy, nutty, stupid, green agenda that pushed Saudi Arabia away from the US, Robert?
That was one of them.
But also, when Biden pulled us out of Afghanistan, that was another straw.
And also what happened when that happened, the BIS, the Bank of International Settlements, made gold a Tier 1 asset.
So up until that time, the dollar was a petrodollar.
So in 1974 Nixon threw the dollar off the gold standard and then in 1974 it was backed by oil, the petrodollar.
So when Biden pulled us out of Afghanistan, the dollar became worthless.
It wasn't worth oil anymore.
So Saudi Arabia says, so why are we back in the U.S.? Another thing I'm going to say that gets me in a lot of trouble, and I'm not racist or xenophobic, whatever it is.
If you notice that most of the countries that are hanging together are Christian, I was raised as Christian.
So you have Saudi Arabia, Canada, America, England, Australia, and New Zealand.
But Saudi Arabia, Iran, Iraq, they're Muslim.
Korea and all that, they're Buddhists.
So not only is it race, religion, and money, it's we're different religions.
And I think this is going to be the biggest change in world history, and that's August 22nd this year.
In a few weeks.
And I think that the future for the American people is one that's going to surprise them because they will find themselves living in deep impoverishment virtually overnight.
Even if they have dollars in the bank or they think they have a pension or they think they have Social Security, yeah, you may still get the check, but it's not going to be able to buy much of anything.
But couldn't that happen, you know, pretty rapidly?
When I wrote this book here, if you have friends or family...
I'd have them buy this book who stole my pension because it was Wall Street, the criminals on Wall Street, that loaded those pensions up with junk, trash.
That's right.
And that's what my friend Ed Sedell, my co-author here, he's the biggest whistleblower in America.
He's making fortunes blowing the whistle on Wall Street.
Wow.
Wow.
Okay, so look, to the audience here, let me just say, Robert Kiyosaki's information can help you make decisions to save your assets, and that's no exaggeration.
First of all, go to his website, richdad.com, and you can also find his broadcasts on YouTube and other platforms as well, and he's got great guests like Andy Shackman and others, and he brings you good information, and And we come to a lot of the same conclusions, too, about assets and taking self-custody over assets.
In fact, one of my last questions for you, Robert, is you know how in Bitcoin, if you take custody in your own wallet, it's your money.
You don't have to get permission from someone else to move it or to use it.
Same thing with gold and silver in your hand, right?
That's your money.
It's yours.
Whereas a lot of people think, oh, if I just keep my money in these brokerage accounts or banks or treasuries, well, then someone's going to bail me out.
But you always need permission from those authorities to access your money, don't you?
And that permission can be taken away.
Correct.
I mean, this here is my money.
This here is bank's money.
I'd rather have this here.
Just this one more thing, you know, I tell people constantly, I would start moving your money out of banks because the rumor is there's going to be a bail-in.
A bail-in, which is another level of insanity.
I hope it doesn't come.
But they did this the last in 2008, they did it to the Bank of Cyprus.
So let's say you have a...
That's what happened when Silvergate Bank was on Signature Bank and Silver...
Silicon Valley Bank.
Silicon Valley Bank.
Is what happens to shareholders, if you have a million dollars in the bank, you just bail in.
You just bought a million dollars of Silicon Valley Bank shares.
Right.
So, I mean, we haven't seen insanity yet.
I hope I'm wrong.
But I would keep money out of...
The bank, I wouldn't tell anybody where you keep it.
I'd buy a safe someplace and all this.
My friend and I were on the stage and he said, we're in Nevada.
He says, I keep all my gold and silver at home.
I said, well, you just invited everybody to come.
So I'd get a nice safe.
Andy Shekman has gold storage and safe places.
I store my gold and silver in Switzerland.
So I don't trust my government.
It's that simple.
I went twice to Vietnam.
Like I said, I flew this thing over there.
I know what communism is.
I don't want anything to do with it.
I've killed a lot of communists.
And I should have come home because, you know, as soon as I got home from Vietnam in 1973, the schoolteacher started spitting on me.
The hippies started spitting on me.
Here I'm a U.S. Marine.
I just come back.
I brought 16 of my men home.
And these hippies, these loving characters...
It hit me with eggs.
Can you imagine that?
Unbelievable.
Well, I mean, we honor your service, of course.
We thank you for your service.
But just honestly, I think your service to America, past your military service, has been even far more impactful, right?
Reaching a much larger number of people and helping people in so many ways.
And as we're about to wrap this up...
Let me ask Todd, final comments, and then back to Robert for any sort of closing statements, what you want to leave our audience with.
But Todd, go ahead.
Yeah, I wouldn't mind a little bit of mindshare.
I assert that CBDCs, Robert, are simply legacy banking services disguised as crypto, but much more nefarious due to their programmability.
So my question is, what are the Fed and the banking cabal What's their endgame in forcing CBDCs on us, sir?
I think it's Marxism.
You see, a central bank is Marx.
And in 1913, when the Fed was formed, he was the first of becoming Marxist.
As this book here says, in 1848, And they predicted that communism would take over America in two stages.
The first stage was in 1930, when Columbia University, those commies over there in New York, went to Frankfurt, Germany, to bring in communist teachers to teach at Columbia University's Teachers College.
So that was in 1930.
And by the 60s, when I was in school in New York, riots were breaking out all over these campuses.
You guys are too young to remember, but there was a thing called Kent State, you know, four dead in Ohio.
There was rioting at Berkeley.
And so those cool teachers spread communism.
That's why there's no financial education in our schools.
Right.
Yeah, exactly.
Well said.
And as we're about to wrap this up, Robert, I mean, we've already covered an amazing number of topics with you here today, but is there anything else you want to share with our audience about resources or things that they should be looking at or paying attention to?
Well, the reason I created the cash flow game, again, is because, as Maria Montessori said, what the hand does, the mind remembers.
And so my final words are, this year, the space between this year and this year lies your brain.
And your brain is either your greatest asset or your greatest liability.
So if you're saving money, clinging to job security, you put your money in the stock market, you know, the 60-40, 60% equities, 10% bonds, this is now a liability to you.
Use the game to transform this into an asset for you and become an entrepreneur and buy gold and silver, not paper.
Yeah, well said.
If everybody in America followed your advice, we would actually make it through whatever financial disaster is being engineered and thrust upon us.
So it's great.
Well, that's a good point, you see, because I think by 2030, which is not that far away, There's going to be more opportunity ever before if you're not wiped out.
That's right.
So I live in a very affluent neighborhood and the shopping center next to my home is empty.
All these high-end shops are empty.
And that's how bad this financial crisis is spreading.
It's now hitting the rich and the affluent.
Right.
And then one more fact, because I'm a real estate guy, This one guy says there's the equivalent to 35 Empire State buildings empty.
Wow!
Because of Zoom, because of COVID, they're empty.
And that means all these REITs, Real Estate Investment Trusts, and pensions are going to accelerate in the crash.
So if it's going to crash...
I'd get rid of toilet paper and exactly as you guys said, get off the grid and go back to real money.
Yeah, we've already seen some of the REITs, the REITs, limiting withdrawals because they just don't have the liquidity.
Who's buying commercial real estate right now?
And even when it is selling, it's selling at a 60% discount in some cities.
So, all right.
Well, we want to be mindful of your time, Mr.
Kiyosaki, and just both Todd and I, thank you, and we honor you for your service to this country and to the people of America and the world in helping them sort out their financial future.
So, thank you so much for joining us today.
It's been a pleasure.
Thank you.
As all Marines say, Semper Fi.
Semper Fi.
Semper Fi.
Thank you, sir.
All right.
Thank you so much.
Have a great day.
All right, take care.
All right, folks.
Robert Kiyosaki, again, richdad.com is the website.
You know his books.
You probably read them or listened to them as audio books.
And I just want to say, that is an extraordinary man.
Right?
Isn't he impressive, Todd?
Yeah.
I mean, he holds to his convictions.
He's uncensored.
He's not afraid to tell the truth the way it is.
Yeah.
And his advice is going to help a lot of people survive what's coming.
But those who fail to listen to Kiyosaki are going to find themselves in a world of hurt, I believe.
All right.
Thank you, Todd.
Have a great rest of your evening, and thank all of you for watching today.
Again, it's been a great show, decentralized.tv, and watch for more episodes on the website.
I'm Mike Adams, the founder of brighteon.com.
Thank you for watching today.
Take care, everybody.
Cheers.
All right.
Hope you're enjoying your day or your evening.
We have a little night scene for you here, a little Aurora Borealis in the background.
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Take care.
A global reset is coming.
And that's why I've recorded a new nine-hour audiobook.
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I'll describe how the monetary system fails.
I also cover emergency medicine and first aid and what to buy to help you avoid infections.