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Summary
➡ The David Knight Show talks about how Tony Arderburn from Wise Wolf Gold discusses the current state of the economy, focusing on the Federal Reserve’s policies and the potential for a monetary system reset. He highlights the unprecedented expansion of money supply and the devaluation of the dollar. Arderburn also discusses the possibility of the dollar becoming digital, through the use of stable coins, as a way to maintain its value. He concludes that the current economic system is unsustainable and a reset is inevitable.
➡ The text discusses the shift from the energy-backed petrodollar to potentially Bitcoin or another form of currency. It suggests that this change is inevitable, regardless of who is in power, and that the wealthy will remain insulated from any negative consequences. The text also mentions the rise of stablecoins and Central Bank Digital Currencies (CBDCs), which could lead to greater control over individual wealth and spending. Finally, it suggests that Bitcoin could play a major role in backing the value of these new forms of currency due to its limited supply.
➡ The article discusses the increasing trend of digital currencies and commodities, with a focus on the rise of stablecoins and Central Bank Digital Currencies (CBDCs). It highlights China’s growing import of precious metals from Russia and the increasing interest in commodities like gold, silver, and bitcoin. The article also mentions the potential for businesses to become lenders through issuing their own stablecoins, leading to an expansion of personal debt. Lastly, it points out the economic challenges faced by average people due to rising prices and the decreasing purchasing power of the dollar.
➡ The discussion revolves around the differences between Central Bank Digital Currency (CBDC) and stablecoins. CBDCs, controlled by a central bank, have more oversight but less public involvement. On the other hand, stablecoins, which are decentralized, offer more public-private partnerships. The speakers suggest that stablecoins might be more appealing to the public due to their perceived independence from the government. However, they also warn that these digital currencies can be manipulated and controlled by the government and corporations, potentially leading to issues such as account seizures.
➡ Wally, a construction company owner, is struggling with rising costs. Tony, a radio host, plans to discuss various topics on his show, America Unplugged, which will be broadcast on Rumble. The text also criticizes the ‘Commons’ projects, accusing them of trying to control and dumb down society, and encourages people to share information found on thedavidknightshow.com. The author ends by thanking listeners and asking for their support, either financially or through prayers.
Transcript
Foreigning me now is Tony Arderburn of Wise Wolf Gold, and he has set up David Knight Gold. So if you’d like to start accumulating gold and silver, that’s the way you can do it. He has Wolf Pack, which is a subscription service, and he’ll send you gold or silver monthly. So thank you for joining us, Tony, great to be back. Travis, good to see you. Good to see you too. And it is always a pleasure to have you on. And I like to get to start as we were talking the break, your opinion on what’s going on with the Fed, of course we saw Trump and the administration talking about, oh, I think we’re going to fire Powell.
And then of course, he walks back. I don’t know. And as we talked about last week, is he even capable of doing that? We saw him, of course, float this idea, report to the doj. You’ve done some stuff we don’t like, which seems to be the only way he could get him out there is charging him with a crime. Well, I think we would find out who works for who at some level if this was pushed to the limit. I think it’s more likely that, you know, Powell is getting pressure to step down when his term expires.
He may leave beforehand, but it’s really a question of an open question about policy because with Powell, I mean, we’re still, you know, talking about fiat currency here, but you know, a currency backed by nothing, that it’s been increased, the money supply has been increased by trillions upon trillions upon trillions and the devaluation is almost complete. I mean, if you look from 1913 to now, it’s about 99% of all purchasing power has been erased from the dollar. But at least Powell, you know, they see the strong dollar theory, you know, in play. They want to hold on as long as they can to a dollar that the world saves.
I mean, if you look at interest rates, if you raise interest rates, encourages countries and large holders of dollars to say, well, you know, it’s 4 or 5%, I’ll put it over here and I’ll store it. It’ll make, you know, short term, it’ll make X amount for me just parking it. And so there’ll be, those dollars won’t go back into circulation and they won’t bring down the purchasing power. So that’s how the game works in a, in a microcosm. Well, what happens when you lower rates? You know, you see like the short term boons and the stock market goes crazy.
There’s a lot of liquidity. There’s a lot of lending going on. Things are being built for good or ill, some things that probably shouldn’t. That’s the way fiat currency works. So Powell has been raising rates faster than any Fed chair in history, and that’s because of the unprecedented money expansion that’s never happened before at this level. Like, we think about metrics, like 80% of all the dollars ever created in the last five years. And it’s probably worse than that. I’ve been, I think I’ve been saying that for three years now. So it’s probably worse in some ways than just that.
But that’s a, that’s something to, to soak in, and that’s shocking. So I think Powell, when you raise rates, you contract the money supply, and again, there’s a lot of dollars that get hoarded that way. So there’s a strong, it’s a theory of a strong dollar, which, you know, if it’s not backed by anything, how is it strong? But that’s just the way it works. Trump’s philosophy, as we’ve seen, I don’t know if it. You can label it a philosophy. It’s more of like an operation. Whereas going to have, we’re going to have these tariff threats and we’re going to put 100% tariffs on countries that don’t use the dollar if they’re a BRICS nation or if they create a competing currency or whatever.
And it doesn’t make any sense, but we have the tariff threat, which created a whole host of black swan issues and things that ripple across the markets with imports and exports and other things like that. But he wants lower interest rates, Travis. He wants, he wants to get those rates down as low as possible, maybe to zero. Like a Bank of Japan situation where we’re just, just there’s a. The money printer goes burr. That’s what he wants. And, you know, if you, if you zoom out, I mean, this is probably a philosophical, you know, theoretical debate, but can you make some money? Yeah, if.
Yeah, if you’re thinking about it theoretically. We know that the technocracy wants a central bank digital currency, and I’m kind of skipping over traditional finance to talk about ethereal conspiracy, which is probably smarter because that’s where we are. It’s the timeline we’re on. We know that the stable coins are, as I’ve always said, the dollar is not going to zero, it’s going to digital. So it looks to me like the current economic order border that we grew up with, everything Since Breton woods and the Nixon shock of 71 and this Fiat experiment, it looks like they’re just going to go and do a controlled demolition in some way.
Like that’s the, that’s the plan and like just run up because we’re already at, you know, run the. The debt is almost 130% like that to GDP. So gross domestic product mean this hasn’t happened since World War II. And so this is unsustainable. Most economists agree on that. It’s about 130%. We’re reaching that and that’s a tipping point. So there has to be something has to happen. As a matter of fact, it’s really. I’ve been using AI not as a crutch but actually just conversing with it and asking it questions about this particular thing. And like how does if a fiat, if all fiat currencies go to zero throughout history and the dollar is no different, how does the dollar remain and, and retain any sort of purchasing power in, you know, losing the world’s reserve currency and de dollarization? I put all these factors in and the AI actually said my question was very astute.
It’s like it was a very interesting question and it tell. It started listing all the ways that it would retain a value after you know, so much money printing and, and inflation and since all currencies go to zero and it’s. Its conclusion was going through stable coins going into state and then being backed by something else. Like it had to in every conclusion through the AI was that it had to be a reset. Yeah, there had to be a reset of the monetary system. So there’s no, there’s no way that like you because of the sheer amount of dollars that have been created and the fact that the world is moving away from this system and de dollarizing with it.
The, the Fed of the United States together has no choice. They have to come up with a different way to back the dollar. It just can’t be done anymore through sheer money velocity. So I think that the stable coin issue is very interesting to watch. We just had the genius act that’s being passed and I believe, you know, through things like a tether and other things that you know, we have the stabilization of the, the dollar through digital and blockchain and all that. The, there’s a merger there that I believe it’s very interesting. It’s going to have, have to happen in order for the dollar to be to stop losing such massive market share.
And if the world wants access, it’s going to have to go through stable coins. A really interesting thing. One thing that I’ve, I’ve been curious about since they started floating stable coins. They say well it’s stable because it’s tied to an asset like the US Dollar. I’m just like the, the US dollar isn’t tied to anything though. How can, how does removing it one level suddenly make it stabilized? It just seems as though they’re saying it is this way and you know, it’s this way because we say so. And I’m so curious as to how they get to that logic.
Yeah, this stablecoin is stable because it’s tied to the US dollar which is completely unstable in fiat. And it just doesn’t make any sense to me. And I think, I think you’re an improved dollar. It’s like you ever seen those, the PR rollouts for somebody that had a. You know, they’re trying to redo their image like but it’s the new, new and improved. That’s, that’s what this. It’s. And of course it’s not, it’s not just, it’s not improved, it’s digitized, it’s tokenized, it’s blockchain and it’s, it’s a in. Remember how Zignu Brzezinski would talk about an in rung around sovereignty? You know, with the technocracy, this run around the same thing, oversight because you’re having this public private partnership where you know, you get, you get CBDC just in a different form.
And that’s what I think we’re watching with the stable coins. There’s a lot of open questions there and I’m, I think we’re still, still seeing what the, the end result’s going to be. But that seems to me the only way that they continue to prop up the dollars through the stablecoin system. And they’re going to have to figure out what they’re going to back it by even that Even the AI running simulations was showing me that a gold back stable coin, a bitcoin based dollar, it has to be based on energy in some way because we lost.
And if you notice too Travis, what’s interesting that these financial networks they don’t even get into which is epical events like losing the petro dollar last year. You know, talking to your dad, I was like it’s 50 years, we just lost it and there wasn’t anything like oh let’s, let’s do it this way or here’s a, here’s something we can trade for nothing. We Just let it lapse. And I thought, well, that’s interesting. It’s because they’re resetting it. They’re resetting the table. They’re going to go away from the energy back based petro$, to. And of course we had a, you can argue that gold was energy as well.
Going from gold to possibly bitcoin, something like that, they’re going to use. It has to have be backed by something. And there’s a lot of open questions on what that’s going to be. But the current dollar form, you know, there’s a, the philosophy between, you know, your original question between pow and whatever Trump represents. It’s like the, the acceleration like pressing the gas like this. Just go ahead and get this thing on the road and there’ll be golden parachutes and there will be, you know, a semblance of everything’s okay for a little while, but that will, again, it’ll end in debt, it will end in bankruptcies, it will end in over leverage.
It’ll end in, you know, the, a lot of times when there’s just massive liquidity, the wrong things get tension. That’s what happens in a fiat world. And things that shouldn’t exist will exist and those things will, again, they’ll come to an end because of just physics. It just happens. So it’ll be interesting to see who, who wins this bat. I think we know what’s going to happen. I think the money printer is going to go burn. I think they’re going to do that regardless if it’s the Trump administration or if it’s, they’re going to do it.
And whoever Powell represents or what faction of that, that dollar system is old world, it’s old Bretton woods, it’s old. And they’re going to, I think the technocracy, whoever’s battling and vying for control, wants to go ahead and again press the accelerator and let’s, let’s get this thing to the next level. Yeah, we, we know that for a fact. Even if we take these about the word, that they’re trying to do something positive for the American people, for people in general, that they are largely insulated from the consequences by the sheer amount of wealth they possess.
Like, even if the dollar goes to zero, they’re so diversified into other options that it’s not really going to affect them. They’ll still be massively wealthy, so they don’t have to really be concerned with, well, if something goes wrong and we collapse the markets, you know, that’s going to suck for some people. Not for us. So even if we take them at the word of saying we’re trying to do the right thing, it’s when you don’t have any stakes in anything, it makes it very easy not to care where, as you said, they can just slam their foot on the accelerator and say, we’re going to take it to the next level, whatever the consequences are.
It’s fine since they’re not going to affect me. But realistically, we know that’s not even the case. They’re not concerned with doing the right thing or helping the people of America or other countries where they’re going to implement this. This is about removing, you know, stratifying wealth even further, consolidating it more into their own hands. And of course, with things like stablecoin and CBDCs, when it goes fully digital, as we’ve talked about, that means they’re fully able to just shut you off at the source, say, nope, you don’t get to play in our economy anymore. You said something naughty online and we see this here.
Got this article from Zero Edge says Western Union joins stablecoin Race and eyes crypto partnerships. That’s what the CEO is saying. So these things are being adopted. They’re going to come into use. You don’t have players like Western Union or really, you know, any of company like this or even other companies. We had someone say in chat the other day that I believe it was a grocery store chain was implementing, you know, the ability to take stable coins and things like that. These companies aren’t going to get on the bandwagon unless they’re sure it’s coming down the pipeline.
They’re not going to start investing in infrastructure unless they believe it’s really happening. So that’s a bellwether. This, this sort of thing. It’s not just a, oh, this could happen, is that this is happening. The stablecoin is coming one way or the other. And Trump is at the forefront of this, the genius act. You know, he talked all about, you know, like, no, we’re not going to have cbdc. We’re going to block it by executive order. And then he goes and signs this, which completely overwrites what he said. And it’s just, this is a tremendous blow to, you know, your own personal ability to gather wealth and potentially prepare for future generations.
Like, you want to be able to pass something down to your children, but this will make that completely and utterly impossible. Especially if they implement a system like in China, where, you know, money has an expiration date. You don’t get to keep it if you don’t spend it. You know, eventually they just come in and say, no, that’s expired. You didn’t put it into the economy and therefore it’s not valid anymore. That is a complete and utter attack on your ability to store wealth, to be able to save and prepare. And the Genius act is just, it’s a.
You know, we’ve talked about this for so many years and for, you know, you and my dad have been talking about these CBDCs and how they were on the horizon and it seemed like they were just kind of holding position for a while. They were sitting there, they talked about wanting it, but now this is, you know, full speed ahead. And it’s truly incredible to see how quickly they are moving forward at this point. And it seems likely. I think this is the stark difference. You’re right. The language has changed. The outcome will be the same.
And it may be worse if it’s run this way because of the, I mean, even though the Federal Reserve is not federal, it’s not a reserve, it’s centralized in a way that has some semblance of oversight. I mean, I know it’s still the Federal Reserve, it’s the creature from Jekyll island, but you’re talking about even moving further privatized into these stable coins. And there could, it could be great in one end where you have, like you just mentioned, you, you think about all those retailers out there that don’t have to pay credit card fees. If you can go direct with your stable coin, if you can just hit, you know, if you can, especially through the Internet, if you can just blockchain to blockchain, those are as good.
Those are going to shrink those credit card fees. People don’t realize how much retailers. The scam of credit card fees is. It’s generational. I mean, they’ve made, they’re skimming off of everybody’s energy and everybody’s creativity and everybody’s risk for nothing. I mean, they’re just, it’s transactionally making. It’s basically what I make on gold and sil without ever having any investment anywhere. And that’s everybody’s transactions. That’s. That’s evil genius. Literally evil genius. Whoever came up with that, that that’s even sustainable, but that’s what they do. But stable coins in theory solve that. And then the same thing with, with, you know, Bitcoin and other things, they cryptocurrencies do better to solve that.
At least the, the giant fees that you’re paying the credit card companies. So that on that end it’s good. But there’s all, there’s, there’s the technocracy and how they implement it and the, the lack of even semblance of oversight when it comes to that. You’re absolutely right. That’s the darkness that is the risk. And we know how these people think. We know what you know, as far as centralization and control. You know, if I had long wondered what took Larry Fink blackrock, why he pivoted and said he went from Bitcoin is a, is a measurement of money laundering.
It’s a metric of money laundering. And he went from that to bitcoin’s gonna go to 700000 and we’re totally backing it. And here’s our ETF and I thought that’s a weird pivot. Well, if you look at the stablecoin world and how it would work, coin plays a major role and it plays a major role in backing the value of these things and because of bitcoin’s limited supply. So. And that’s kind of a neutral thing that’s neither good nor bad. It just means it backs that, it backs that play in the sense that you could get in and out and you could back it by having this limited supply of things for a store of value.
Kind of like digital gold. So it’s something, it’s really interesting to watch as we see the world dollarizing, that trend continues. I, I saw a story today, Travis, that precious metals sales from Russia to China are up 80% this year. So like China is just importing more and more even though it’s the largest gold producer in the world. It’s importing from its, it’s ordering from Russia who’s got massive natural resources, gold and silver. And the rest silver put is on Russia’s strategic reserve asset list. We’re nearing like 14 year eyes on silver. So there’s a lot of interesting stuff happening right now with commodities being, central bank buying, sovereign wealth, fund buying of gold and things happening with bitcoin as well.
So these are all, it’s all converging together in the same time that we’re. Yeah, we’re going to have the argument about Powell and Trump and what’s best. But at the end of the day de dollarization is still happening. The surprise, the dark horse here may be that stable coins and I’ve always said the dollar’s not going to zero, it’s going to digital and it’s digitizing right now, it’s happening live before our eyes again. It’s crazy for me to see because this is something I’ve kind of grown up with. Not necessarily grown up but it’s been something that’s been happening on the periphery and you’ll.
In governmental scale things generally take so long to manifest that you kind of forget they were ever happening in the first place. And it just kind of shows up one day. But this is something that went from. Yeah, it’s happening too. It’s here and it’s going to happen. And it’s truly incredible to see the speed with which this is developing. We’ve got some comments here. Dustin D. Helm can’t wait for Tony to open the new Denison location. I want to be the first person to buy a silver round through a drive through window. I mean probably in the next 30 days or so.
We’re working on it but Wise Wolf leased an old branch bank in, in Denison on Main street and it’s going to be fun. It’s. It’s not very large but the tube still works. The drive through window is still there. Like you got the tray where you open it up and people can go through. So we’ll have, we’ll have all that. So I’ll be the only drive. Gold, silver and bitcoin. I’m just gonna, I’m. It’s the wise. We’re gonna call it the bank. You’re going by the bank and you can come see us. That’s where you need to bank anyway.
That’s fantastic. Bank on yourself. Bank on yourself and go get some golden silver from Tony and Denison. Or if you aren’t local you can go to Davidnight Gold and do it there. Defy Tyrant 1776 says America thrives on debt and usury. It’s a wicked system. Yeah, it’s. It’s funny my dad has talked about how, you know, when he was young, you know, credit card, the amount of interest they would charge you, you know, it’s much, much smaller. And now we’ve reached a point where you can get 30% interest on credit cards. You can have these exorbitant rates that you’re never able to pay off.
It’s something that you would hear the mafia doing. You know you get in debt with them and they put an interest rate on there that makes it impossible. And so you are their man for the rest of your life or else they’re gonna come up and they’re gonna break your legs. Now the credit card companies won’t break your legs but they’ll Ruin your credit score. Which is what again, as he points out, the American economy runs on. If you don’t have a decent credit score, you can’t really buy anything of substance. You’re not gonna be able to get a house or a car unless you can flat out pay cash for them, in which case, you know, you’re probably doing so well.
Neither. Yeah, if you can afford to do that, you don’t have to worry about anything else really. Like if you’ve got that kind of liquid cash, not much is a problem for you as a general rule. But for the average American, these systems are incredibly predatory. You’re forced to get a credit card and they know how easy it is to get people to overspend with them, to spend beyond your means. And so many Americans are just in massive amounts of debt, just debt that’s very unlikely they’ll ever pay off. And they’ll always be behind this just continual eight ball.
It is a truly predatory system. It is based on the fact they know you’ll overspend with it. You’re not going to truly keep track of it. You’re going to open more and more lines of credit. The American system is broken in so many different ways. Knights of the Storm says people are talking about the Genius act but not about the prior Clarity Act. The Clarity act is how you know the Genius act is about cbdc. The Clarity act was rushed through just before the genius and sets up the authority. Genius is the framework. Together they indicate an oncoming cbdc.
Also, the US is working on retail CBDC over wholesale. That’s huge. Retail is what you and I use while wholesale is bank to bank transactions. Look up Project Hamilton. That’s the retail CBDC we are working on right now. I’ve actually got an article here from Scott Besant. Well, it’s about Scott Besant. It says we will center financial regulation on Main street, not Wall Street. They know that, you know, Wall street and the government are kind of hand in hand anyway. They’re gonna go along with, you know, whatever happens. They’re two peas in the same pod. They’re going to come after Main Street.
They’re going to target you and me. They’re going to, as I said, put these stablecoins ability to use them in at the grocery store so that as I said, when the infrastructure starts getting built, that’s when you know it’s serious. Companies don’t buy into something unless they know it’s coming. And it is incredibly. Anytime the government says we’re gonna make everybody all These stablecoins, by the way, Travis, it makes the big corporations. Go ahead, sir. Oh, no, go, go on, please. I was just saying that it makes all these companies lenders, it makes them banks. Like it bypasses traditional bank.
It makes everything a. Linda, you just talked about how, you know, even like Walmart or any of these big retailers, they issue their own coin, their own stable coin back, you know, off, off the backbone of whatever coin it could be, tether, could be anything. And they create this new system where they can lend you out, you, you can get into debt with anyone and then think about that, like how that would be. So, I mean, in some ways it’s good to be decentralized, but then you’re just talking about every avenue to expand personal debt. It is, it is, it is interesting.
And that, you know, I think I, I noticed there’s a change in the economy right now just off my business and watching, you know, talking to people and knowing what’s going on. Thinking, Wolfgang, where the prices of precious metals are going up and up and up and the people buying from me is decreasing because the big people are buying. I just, that’s, that’s what I want to communicate and telegraphed everybody is that institutions are buying all these metals and the average person is like, if they can’t afford a certain amount, they’re not, they just can’t, they can’t make these big moves.
They were. And, and if you already have them, you have them. So that’s, that’s a metric, I think, of the economic situation. It’s really interesting. And they’re definitely, they’re definitely telegraphing you something. They’re saying something about, you know, the purchases from these big, big players and, and then what’s happening to everyday folks. It’s hard. The economy is hard for people. I don’t care what spectrum you’re on right now. It’s tough every, the prices are increasing and the uncertainty of liquidity, I totally get that. And that’s, that’s what we, we built Wolfpack for is affordability of getting out of fiat and actually getting real value for it without having to do very much and you know, just not having to pay attention to it, just set it and forget it.
And we have that set up for people. And I think that’s going to be more important than ever as the dollar continues to, to be reset and it’s going to continue to lose some purchasing power along the way and to this stablecoin reality. Yeah, we have a good comment here from Whackjaw. He says, I have no idea of the difference between what a stablecoin is and CBDC is. From what I understand yo central bank digital currency would be the primary issue from the central bank. Like the Fed would say, this is the new standard of currency for the United States, you know, whatever they choose to call it.
Whereas a stablecoin is something that, you know, different companies can mint their own version of it. And you know, this is based off whatever assets we hold here or there or that’s my understanding of it. I could be wrong. Tony, would you be able to give a more in depth explanation? Well, I think your synopsis is correct. I mean the central bank digital currency, like we were saying earlier, you know, even though it’s not a lot of oversight and it is a private banking consortium, a CBDC is at least right there, it’s centralized. It’s, you know, you’re going to see a Jerome Powell or whatever.
But a stablecoin system is decentral, decentralized in a way, but public private partnerships, right? This is the technocracy. This is the, this is the way that the system would work on that because that’s the difference between, you know, like a Kamala Harris win and the Trump wings. You’re still getting centralized blockchain technology. Matter of fact, when Trump came in and one of the first things he did, he signed the anti executive order against central bank digital currency. And then in his next breath he says now we’re going to do these stable coins and these stable coins are going to be great.
You see, it’s that they’re going to use that and this is the direction it’s going. And still, I’m still figuring it out. I’m, you know, this is always a student, never a master of any of this stuff because you just too many moving parts and you have somebody that claims they know they’re, they’re delusional. There’s too many things to try to understand. But I do, the more that I sit in this and meditate on it and think about it, that would be the way to go and use the stable coins. As far as the controller, they want to get control of that in real time.
Expansion and contraction of the money supply under that blockchain system. So the difference between a CBDC and a stablecoin, whatever you want to call it, it won’t be a cbdc, it’ll be something else is that the CBDC would have more oversight. That’s it. I mean that’s, and, and that’s limited oversight, but they would still have some oversight. And, and I think these stable coins are more seductive because it says, oh, well, this is just the financial markets. This isn’t, you know. Yeah, this isn’t just the Fed thing. This isn’t the Fed coin. This is something different.
This is my dollar. You know, and they, it’s. I think that’s psychologically going to be more palpable and then we’ll see. You know, that I had all these questions about what we did with the petrodollar and everything else, and it looks like we’re just, we’ve just been setting the stage for stablecoin. Remember Scott Besson? He’s got ties to, to tether and other things. Guys back in the previous administration were working on all this stuff. They’ve been working on stable coins for, for a long time. Yeah. And again, government loves deniability. Anytime they can kind of shift blame into other areas, whether it’s one avenue of government shifting it onto a different bureaucracy, or whether it’s government saying, it’s not us, it’s these big corporations, you don’t have to worry about that.
Look, it’s not a cbdc, it’s Walmart stablecoin. Or it’s, you know, whatever, insert Amazon stablecoin. We all know how these corporations play so nicely with the government and basically do whatever they want at a whim. They’re all in bed together, so it’s effectively the same thing. And of course, it’s still digital and can be turned off instantaneously. If the government comes in and says, hey, this individual over here that’s holding a massive amount of your stablecoin, we don’t like them. We don’t like what they’re posting, we don’t like what they’re saying, we don’t like what they’re doing.
Turn off their account, seize that, drop it to zero, remove it. They’re going to do it. They’re not going to say, oh, I don’t think so, Mr. Government. I don’t think I’m going to do that. That sounds like it’s a violation of this and an infringement of that. They’re just going to go, sir, yes, sir, and your stablecoin will vanish. It’ll be redistributed or put into a government holding account somewhere, because that’s how these people operate. That’s exactly right. Yeah. We’ve got some more comments and I know we’re a little bit over time, but I’d like to get through them.
If you’re okay with staying for just A bit longer. Sure, go ahead. Jerry Olatalo says you got a problem with stablecoin. You got something against stability? Yeah, that’s how they are. It’s stable, it’s good, it’s great. It’s stable. It’s like right there and there’s a tether and it’s tethered to. Yeah, it’s like the Patriot. What are you anti patriotic? It’s a big beautiful bill. Dustin D. Helm, why don’t you like big beautiful things? Exactly. They always pull that. They call it something that it isn’t. The exact inverse of it. Dustin D. Helm says CBDC by the end of the year.
Can you ask Tony how far out he thinks we are from cbdc? So he thinks it’s by the end of the year and wants your opinion on if you think it’ll happen by then. I think it’s more like a couple, three years of implementation. I mean these things move slowly and it has to because you’re talking about this behemoth that has to get redirected. So I think it’s just a, I think there’s a series of events where you’ll have a quickening and then there’ll be a little bit of, a little bit of cooling off and then they’ll have another portion.
We’ll see that the systems will start to absorb this new technology. Yeah, especially after the genius act. I think this is going to be a moment where we just start seeing a lot of things open up into the years. Probably a little soon, but who knows, who knows anymore? They definitely, they surprise me with their, you know, whatever timeline they’re on or whatever simulation they’re running. I was surprised when we lost the petrodollar and did nothing about it. So now I’m starting to see why we did it. Yeah, the one thing you always have to consider is they do need to have physical, tangible infrastructure in place for any of these plans.
So that’s always something to look at when assessing timelines. How quickly can they get the infrastructure in place to utilize these things and then get people to adopt them? So that’s going to be like getting grandma onto stablecoin is going to take a little bit of doing. So you gotta consider the real world applications. Solucat 1980 all credit card companies are loan sharking people. Yeah. Every single one of them is charging interest rates. That again would have made the mafia blush back in the day. They would have been like, we can do that to people. That’s crazy.
That’s, that’s evil. We Couldn’t. How could we do this? That’s an. That’s unconscionable. Don’t frag me. Will always make the mogul. Yeah, because you look at what happened to Las Vegas. It used to be run by the mob. You probably was talking to my friend Sam Tripoli yesterday. I came out to California to do tinfoil a hat. And we just, we talked about that like, you know, you used to be able to go to Vegas. You, you lose a thousand dollars, but you get a five dollar stake and now everything’s. Everything’s hundreds. And there’s no incentive like it’s not cheaper.
You know, you still get. It’s robbed every which way because it’s run by. I mean, the corporations will get you, you know, at least. The least the mob would throw you a bone. Yeah, the corporations are just there to maximize profit on every single avenue. No matter what it is, they’ll rob you blind. Don’t frag me, bro. All economies are subject to the central bank cartel. That is a debt usury based monetary policy within their fractionalized banking AKA quantitative easing beast system. And Guard Goldsmith. Good to see you. Guard, always a pleasure. You can go check guard out at Liberty.
Conspiracy says if people knew more about Project Cedar and CBDC manipulation via stablecoin equivalent, they’d be buying more precious metals every day. Yeah, that’s another thing is so many people just, you know, they hear cbdc, they hear stablecoin, and again they just tune out. Like, I don’t care about that, I don’t want to. Whatever that is, doesn’t matter to me. You know, this type of news is something that as a general rule, it’s kind of like when you read it, it’s dull, it has real gigantic impacts and it causes massive chaos when something goes wrong with it.
But it’s generally very dry and uninteresting to read. It’s like, oh, the market swung up a point here, it swung down a point there. This is going up, that’s going down. It’s not a fun or really interesting read, but it has massive impact. So getting people to actually learn about it is very, very difficult even for me reading it. It’s like, oh, wow, you know, one point here, two points there. What does that really mean? What does it matter? But it has a gigantic real world impact, especially with the genius act coming through. Wally Walrus. I’ll tell you What, I’m working 60 hours a week right now just trying to keep vehicles running to keep working.
Getting ridiculous out here in the real world. All of my insurance is doubled this year. I can barely afford to keep my construction company open. Everything is getting more and more expensive and it’s getting more expensive rapidly. And sorry to hear that’s going on with your business, Wally. I hope things get better for you. Well, we’re 12 minutes over time. I really appreciate you staying, Tony. And of course you have America Unplugged. Are you able to do that show today? Are you going to be live after this? I’ll be live. Yeah. I’m going to be doing the Otterburn radio transmission will be over the America Unplug channel on Rumble and on my ex at Tony Arterburn.
So come join us. Fantastic. And of course, talk precious metals and parapolitics and whatever else is on my mind. Absolutely. And of course we will be rating Tony’s Rumble Stream. So if you want to watch him, you can stay with us and we’ll pass you on over. But thank you again for joining us, Tony. And thank you for setting up David Knight.Gold again. If you want to get gold or silver, you can go to davidnight Gold and it’ll let Tony know you came through us. So thank you, Tony. Really do appreciate it. Hope you have a wonderful rest of your day.
You too. Thank you, Travis. Appreciate you. The common man. They created Common core to dumb down our children. They created common paths to track and control us. Their Commons project to make sure the commoners own nothing. And the communist future. They see the common man as simple, unsophisticated, ordinary. But each of us has worth and dignity created in the image of God. That is what we have in common. That is what they want to take away. Their most powerful weapons are isolation, deception, intimidation. They desire to know everything about us while they hide everything from us.
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