The David Knight Show - CBDC & Stablecoins: Tools of Technocrat Control
Episode Date: July 24, 2025Tony Arterburn joins the show to discuss the ongoing market instability and the rapid approach of CBDC and Stablecoins.Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST h...ttps://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHTFind out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.
Transcript
Discussion (0)
Joining me now is Tony Arterburn of Wise Wolf Gold and he has set up David Knight dot 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 Troy, it was good to us Tony. Great to be back Troy. I
was 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 in 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 gonna 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'd 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 a push to the the policy, because with PAL, I mean, we're still talking about fiat currency here, but 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 how, you know, they see the strong dollar theory, you know, and they want to hold on as long as they can through a dollar that the world
saves. I mean, if you look at interest rates, if you raise interest rates,
it, it, it encourages countries and large holders of dollars to say, well,
I, you know, it's four 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 and 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 microcosm.
Or 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 it 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'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 how 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 that's a theory of a strong dollar which you know if it's not backed by
anything i don't how is it strong but that's just the way it works. Trump's philosophy as we've seen I don't know if you can
label it a philosophy it's more of an operation. We're gonna have
these tariff threats and we're gonna put a hundred percent tariffs on
countries that won'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 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 of the money printer goes burr that's what he wants and you know if you
zoom out and maybe this is probably a philosophical, you know, theoretical debate. But can you make the money for it? 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 that we grew up with everything since Breton
was 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 the debt is almost 130%. I bet the GDP. So
gross domestic product. This hasn't happened since World War Two. 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
traversing with it and asking you questions about this
particular thing. And like, how does that 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 power in 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 was like, it was a very interesting question and it started listing all the
ways that it would retain a value after so much money printing and inflation and since all
currencies go to zero.
And its conclusion was going through stable coins.
Going into stable 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
fact that the world is moving away from this system and
De-dollarizing with the Fed with 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 stablecoin issue is very interesting to watch.
We just had the Genius Act that's being passed and I believe through things like
a tether and other things that we have the stabilization of the dollar through digital
and blockchain. There's a merger there that I believe it's very interesting. It's going to
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 gonna have to go through stable coins a really interesting thing
One thing that 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 US dollar isn't tied to anything though. How can how does
I'm just like 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 stable coin 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 we ever seen those the PR rollouts for somebody that had a
They're trying to redo their image back, but it's the new new and improved
That's that's what this it's in in course, it's not just improved. It's digitized,
it's tokenized, it's blockchain. And remember how Zignu Brzezinski would talk about an in-run
around sovereignty with the technocracy. This is an in-run around the same thing, oversight, because you're having this public private partnership
where you get CBDC just in a different form.
And that's what I think we're watching with the stablecoin.
There's a lot of open questions there.
And I think we're still seeing what the end result is 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 the AI running simulations was showing me that a gold back stablecoin, 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 ethical
events, like losing the petrodollar last year.
Talking to your dad, I was like, it's 50 years, we just lost it.
And there wasn't anything like, oh'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 gonna go away from the energy bet based petrodollar
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 philosophy between you know your original question between how and whatever Trump represents,
it's like the acceleration, like pressing the gas, like just go ahead and get this thing
on the road and there'll be golden parachutes and there will be a semblance of everything's
okay for a little while.
But that will again, it will end in debt, it will end in bankruptcies, it will end
in over leverage, it will end in you know the 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 bet I think we
know what's going to happen I think the money printer is gonna go burr right I
think they're gonna do that regardless if it's the Trump administration or if
it's we're gonna 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 who are 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 people to the words of 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 gonna 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 stable coin 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 that Oh, this could happen is that this is happening
The stable coin 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're like no, we're not gonna have CBDC
We're gonna 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 and 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 stablecoins.
And it could be great in one end where you have,
like you just mentioned,
you think about all those retailers out there
that don't have to pay credit card fees.
If you can go direct with your stablecoin,
if you can just hit, you know, if you can,
especially through the internet,
if you can just blockchain to blockchain,
those are gonna 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 scamming off of everybody's energy and everybody's creativity and everybody's risk for nothing. I mean, it's just, it's transactionally making, it's basically what I make on gold and silver without ever having any investment anywhere. And that's everybody's transaction.
That's evil genius, really evil genius, whoever came up with that, that that's even sustainable.
But that's what they do.
Stablecoins in theory solve that.
And then the same thing with Bitcoin and other things.
Cryptocurrencies do better to solve that, at least the giant
fees that you're paying to credit card companies.
So down that end, it's good.
But there's the technocracy and how they implement it and 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,
symmetric of money laundering,
and he went from that to Bitcoin's gonna go to 700,000 and we're totally backing it and here's our ETF.
And I thought, well that's a weird pivot.
Well, if you look at the stablecoin world and how it would work,
Bitcoin plays a major role and it plays a major role in backing the value of these things and because of bitcoins limited supply. So
and that's kind of a neutral thing that's not 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 being 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 de-dollarizing.
That trend continues.
I saw a story today, Travis, that precious metal 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 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 at 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 gonna 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 is not going to zero, it's going to digital.
And it's digitizing right now.
It's happening live before our eyes.
It's digitizing right now.
Yeah, it's happening live before our eyes. It's, again, it's crazy for me to see
because this is something I've kind of grown up with.
You know, 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 to 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.
Let me, probably in the next 30 days or so,
we're working on it.
But Wise Wolf leased an old branch bank
in Denison on Main Street.
And it's gonna be fun.
It's not very large, but the tube still still works the drive-through window is still there
Like you've 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-through gold silver and Bitcoin
I'm just gonna I'm just 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 I think on yourself bank on yourself and go get some gold and silver from Tony and Denison or if you aren't local
You can go to David Knight dot gold and do it there defy tyrant 1776 as 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, he was young, you know credit card
It's funny, my dad has talked about how when he was young, credit card, the amount of interest they would charge you, it was 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 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. Yeah, if you can afford to do that
You know, 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 gonna truly keep track of it. You're gonna open more and more lines of
credit. It's... 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 Besson.
Well, it's about Scott Besson.
Says we will center financial regulation on Main Street, not Wall Street.
They know that Wall Street and the government are kind of hand in hand anyway.
They're going to go along with whatever happens.
They're two peas in the same pod.
They're going to come after Main Street.
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 stable coins
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 focus.
It makes everybody, all the stable coins, by the way,
Travis, it makes the big corporations,
go ahead, sir.
Oh, no, 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 all these companies lenders. It makes them banks. Like it bypasses traditional bank.
It makes everything a lender.
You just talked about how,
even like Walmart or any of these big retailers,
they issue their own coin, their own stable coin,
back off the backbone of whatever coin.
It could be tether, it could be anything.
And they create this new system where they can lend you out.
You can get into debt with anyone.
And think about that.
Like how that would be, in some ways it's good to be decentralized, but then you're
just talking about every avenue to expand personal debt.
It is interesting and I think I noticed there's a change in the
economy right now just off my business and watching, talking to people and knowing what's
going on and thinking, Wolfpack, 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.
That's what I want to communicate and telegraph to 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 if you already have them, you have
them. So that's a metric I think of the economic situation.
It's really interesting and they're definitely telegraphing you something.
They're saying something about the purchases from these big players 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. The prices are increasing and the uncertainty of liquidity. I
Totally get that and that's that's what we we built wolf pack 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
Gonna be more important than ever
as the dollar continues it to
To be reset and it's gonna continue to lose some purchasing power along the way and and to this stable coin
reality
Yeah, we have a good comment here from whack jaw
He says I have no idea of the difference between what a stable coin is and CBDC is.
From what I understand, 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,
whatever they choose to call it.
Whereas a stable coin is something that different companies
can mint their own version of it.
And this is based off whatever assets we hold here or there.
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 sending earlier, even though it's not
a lot of oversight and it is a private banking consortium,
the CBDC is at least right there. It's
centralized. You're going to see a Jerome Powell or whatever, but a stablecoin system is decentralized
in a way, but public-private partnerships. This is the technocracy. This is the way that the system
would work on that because that's the
difference between, you know, like a Kamala Harris woman and a Trump woman. He's still
getting centralized blockchain technology. Matter of fact, when Trump came in, one of
the first things he did, he signed the 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 now we're going to do these stable coins and stable coins are going to be great you see it's that we'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
in any of this stuff because you there's too many moving parts and you have somebody that claims
they know they're they're delusional um 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
you use the stablecoins 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 limited oversight, but it would still
have some oversight. And I think the stablecoin is 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 have all these questions about what
we did with the petrodoll and everything else and it looks like we're just we've just been setting
the stage for stablecoin remember scott best and he's got ties to uh to tether and other things
guys back in the previous administration um we're working on all this stuff. I've been working on stable coins 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 on to 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 stable coin 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 stable coin
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 sees that drop it to zero remove it. They're gonna do it
They're not going to say oh, I don't think so. Mr. Government. I don't 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 stable coin will vanish it'll be
Redistributed or put into a government holding account somewhere because that's how these people operate
somewhere because that's how these people operate. That's exactly right.
We've got some more comments and I know we're a little bit over time, but I like to get through them.
If you're OK with staying for just a bit longer.
Jerry Alatalo says you got a problem with stable coin.
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 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 Helms as 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 that's the 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 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. End of the year is probably a little soon. But who knows? Who knows anymore? They definitely they
surprise me with their 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 on to stable coin is going to take a little bit of doing so
You got to consider the real world
Applications so look at 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.
Corporations will always make the mob.
As you look at what happened in Las Vegas, it used to be run by the mob.
I was talking to my friend Sam Tripoli yesterday.
I came out to California to do tin foil hat.
We talked about that.
You used to be able to go to Vegas, you lose $1,000 but you get a $5 stake and now everything's
hundreds. 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
It's the mob with throw your bone. Yeah, the 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. It's 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 an interesting 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,
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 has 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 gonna be doing the Ardaburn radio transmission
We'll be over the American plug channel and rumble and and on my ex at Tony Ardaburn. 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 dot gold again if you want to get gold or silver you can go to
David Knight dot gold and let Tony know you want to get gold or silver, you can go to David Knight dot gold and to let Tony know you came through us.
So thank you, Tony. Really do appreciate it.
Hope you have a wonderful rest of your day.
Me too. Thank you, Travis. Appreciate it.
The common man.
The Common Man. They created Common Core to dumb down our children.
They created Common Pass 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.
It's time to turn that around and expose what they want to hide.
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