The David Knight Show - INTERVIEW: CBDC Coming Hard & Fast: Can A State Bank Protect?

Episode Date: December 12, 2022

TN State Senator Frank Niceley joins to talk about efforts to establish a state bank in Tennessee and also a precious metals depository.Can a state bank block CBDC that will create an open air prison for us all? Can it help to blunt the Fed's financial mismanagement? Will local banks become our allies as they realize that CBDC will destroy them all?Find out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughZelle: @[e-mail] App at:  $davidknightshowBTC to:  bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Mail: David Knight POB 994 Kodak, TN 37764Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

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So there's a lot of things that were going on there for years. Then we had the lockdowns and the hush money that poured gasoline on that. We've had more gasoline piled on that with sanctions for energy and other things. But as dangerous as all that is, as dangerous as the inflation is, we now have looming before us a central bank digital currency that is going to be a tool to see everything that we do and control everything we do. It's going to be the bars on an open-air prison. So what do we do about this? There are things that we need to do locally, especially, and at the state level.

And so joining us today is Tennessee State Senator Frank Nicely. And I want to get an update as to what is happening in Tennessee, because, you know, there's a Texas gold depository, precious metals depository, and there is a state bank in North Dakota. But there's talk in Tennessee about putting both of those things in Tennessee. So I wanted to find out the status of it, talk a little bit about how these things would work, and time frame this might happen. So joining us now is Tennessee State Senator Frank Nicely. Thank you for joining us, Senator. Well, thank you, Doug, for having me. Let's talk a little bit about, before we talk about the current status of it,

let's talk a little bit about how each of these things kind of operate where they are right now. Like in Texas, I know it was just a few years ago, I think it was in 2018, they put in their precious metals depository. What type of things have you seen from that that, you know, how would that work in Tennessee? And what are the people who are pushing this? What are they looking at to get out of that here in Tennessee? Well, you know, I don't hardly know where to start, but a few years ago, maybe 10 years ago now, Texas bought a billion dollars worth of gold for their teacher's retirement fund.

And that gold was probably half what it is now and they were stored it in the uh in the bank in new york the federal reserve bank in new york well texas didn't want to store their gold in new york so they they they wanted their gold in texas so they eventually built a depository and moved their billion dollars worth of gold to Texas. Well, North Dakota started a state bank in 1919. It's kind of like a wholesale bank. It supports the local banks and the local credit unions. North Dakota has more local banks than any other state. The local banks can deal with the feds or they can deal with the bank in North Dakota.

I've had legislation in the past to try to get us to establish a state bank here on that magnitude. In North Dakota, all the state deposits are deposited in the state bank. Now, local money and city and county, they don't have to put theirs.

They can put theirs in the local banks. But all the state money goes into the state bank, and individuals can deposit in the state bank. But the state bank only has one location, and they don't offer all the little programs and the goody stuff, you know, give away toasters and things like that. So they don't really compete with the local banks. They're there to support the local banks.

And that's one of the problems is that we have to sell the local banks on the idea that the state bank, they say, well, we don't like government banking business. Well, you've had it all your life. We got to make them realize that the state bank, the wholesale bank, Tennessee, would support the local banks. Now, the Federal Reserve is slowly trying to put the local banks out of business. Yeah, they're going to do that completely with the CBDC. I mean, they're going to go straight to the customers, and there's not going to be any local banks. And they've talked about that openly.

That is the plan. That's been the plan openly talked about since the Biden administration took over. But that's what all the central bank digital currencies are designed to do. They go straight to the customer. There will not be any local banks. I guess probably the really big banks that are too big to fail, they'll cut a deal somehow to be a part of it so that they can get them to partner with them. But all the local banks will be gone if we don't have something like a state bank, I think.

Well, that's true. And even though they're talking about it openly, as you say, the bankers aren't listening, they aren't paying attention. And it's sad. I mean, my economics teacher at University of Tennessee had married a Dupont and he was a banker and he said, there's no other

industry knew as little about what they were doing as bankers yeah I have an experience with that as well I had I used to talk about the Fed I'm the kind of guy that in polite company I'll still talk about politics and religion so I had a guy who said, well, my brother is a, uh, is vice president of the bank and, um, branch or something. And he said, uh, tell David what the federal reserve does. And he goes, they don't do anything except clear checks. I said, I don't even know where to start. You know, talk about the money supply and the interest rates and so many other things, but they're going to take over complete control. And of course you talk about the bank of North Dakota.

It really has been an excellent thing for the local banks because if they've got a large loan, they have to partner with a big bank, many cases to get this done. But in North Dakota, they can partner with a state bank and the state bank isn't going to poach their customers. Exactly. Yeah.

And there's many other things that they've done. They've, they've got a very good local bank network in, in North Dakota, one of the best. And it's made them very healthy. They they've been able to negotiate down interest rates for the smaller banks and do loan guarantees for them and buy their loans from them and all

these types of things. But you know, that's just looking at what's happened in the last 100 years. It's been a great thing for the local banks in North Dakota, but there isn't any future for them whatsoever if there isn't some kind of a state bank to get in the way of this direct to the consumer CBDC. You know, you were talking about the feds there and I, I suppose you probably read the monster from Jekyll Island. Yeah.

It was written by a guy named Ed Griffin. Ed Griffin had written a lot of good books. Um, he's 90 years old and every year he puts on a, um, conference called the red button, red pill expo, the red expo referencing back to the movie, the matrix, where you get up in the morning, you take the blue pill or the red pill. You take the red pill while you wake up and see what's going on and smell the roses. He got, got a whole cafe in Austin pits the other day and, and thinking about having his

expo here in Nashville. And if he doesn't possibly want me to say a few words. So that, uh, that was quite an honor to have Ed Griffin who had written that book. I had no idea. It's still alive. Book's been around forever, but anybody that's interested in the federal reserve at all needs to read the, uh, monster from Jekyll Island tells all about how it was, how it was started.

With the senators and all. Met in secret down there and came up with this plan. But anyway. Well, you know, I read the history of the Bank of North Dakota. And, of course, there was a lot of opposition to them from the usual suspects. You know, the big banks didn't like it. Big corporations didn't like it. The federal government didn't like it. If you were to put this through in Tennessee, you're going to have all of those opponents,

but it is the best thing for the people. It's the best thing for the local banks. How do we get that word out? And what is the status of this right now? You've introduced a bill. Is that correct? Well, I haven't actually introduced a bill yet. Okay. You've introduced the bill. Is that correct? Well, I haven't actually introduced the bill yet. I'm okay.

I've tried to see just exactly. And I may end up introducing a caption bill that opens the code so they could put the details in later. As we get more input from, from all sides, I've already talked to the bank, a couple of the banking lobbyists. And of course they say, oh, well, we were a little area of the government getting involved in banking. But you know, dodd frank was the first step toward putting these little banks out of business that's right and and this this central bank digital currency will be be the end of them we a few years ago the commerce committee we passed them the blockchain bill to allow blockchain here in Tennessee at the time, I didn't know what blockchain was, had no idea.

But the blockchain evidently is an accounting system that the technology to allow the center of the Mr. Global, as Catherine refers to him, the globalist, whoever they are. You know, some Frenchman came out the other day and said there's 38 people ruling the whole world. Name 37 of them, but he left one out. I don't know who that is. But it's an accounting system where they can keep track of everything you buy and then who gets your money, track what they buy. They can tax it when they want to. They can take your money away from you if you want to they can tell you you have to spend your money in a certain time to speed up the velocity of transactions to heat up the economy and it's just uh it's it's sinister oh yeah we've had uh one at least uh one federal reserve uh governor or somebody one of the federal reserve banks went through all that and talked

about all the different things that they could do to confiscate your money, to control your money, to make it disappear. And he said, I can understand why the Chinese communists would want that, but why would we want that here in the United States? Because that is exactly what it's going to do. It's going to be an open-air prison. It's going to be the bars of that. It's going to be a big brother system that is constantly monitoring

and controlling everything that we do. They're going to measure how much or whether we can have a different types of food and how much of it we can have, whether we can travel. I mean, we've got the smart cities that are rolling out their objectives and they've made these public. Uh, we'll let you buy three items of clothing per year perhaps, right? And you'll let you take a flight once every three years of 938 miles or less. That's what they're talking about doing to us,

and they will be able to enforce it if we don't stop this CBDC. So it really is a critical issue. I mean, we can always work on a black market society, and we can always keep our own gold and silver and things like that, but it's going to be difficult. It would be much better if there was a legal framework at the state level that was going to protect us with this. So I really hope you can get that through.

So you're talking about introducing that, and we'll talk a little bit more about that. But give us an idea of where the precious metals depository bill in Tennessee is, because it was something that was run through to investigate the feasibility of that, a study with that, and there's also a group that has been organized behind that as well. Do you know anything about that, what the status of that is? I've been at Hosey from East Tennessee, ran the next year, and I think it's... At LiveScore Bet, we love Cheltenham just as much as we love football.

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the treasurer, David Leonard, came in and put a huge fiscal note on it. Said he needed a huge amount of money to hire three or four people

to audit it all the time. And this independent group said, you know, come in once a year and look at our books. You don't need to audit us all the time. And this independent group says, you know, come in once a year and look at our books. You don't need to audit us all the time. And we say, we'll do it. We'll work with you. You don't need to hire any extra help to keep an eye on us.

And so that stopped it last year. But we'll come back again. See, Tennessee actually has a state bank. Now, some people say that the state bank's unconstitutional. We've had one for years. It's a small bank. The constitutional officers are the officers of the bank, and they use it periodically to put money in. But we could develop that bank and add the depository. And the depository, you could buy and sell in gold. I could sell you a property

and you could switch your gold in your account over into my account inside the depository. Some people say, well, you can't, the states can't issue paper money. Well, they have all back through history.

They call them warts, a treasury wart. Same as paper money. And it can be back for gold, silver or whatever. But, um, yeah, the people who tell you that are the people who don't have any gold or silver backing up their paper. Right.

Well, Catherine, Catherine, all fit said, you know, the central banks are buying gold where I read the other day where China had about 300 million tons of gold in the last little bit. There was a mystery buyer buying gold, and it turns out it was China. They're trying to buy gold. They bought a lot of it from Russia. And, of course, right now, America has four times as much gold as China. Everybody worries about China, and they're buying gold like crazy. But we still have supposedly a lot of gold.

Now. I'm ever when Reagan tries to do an audit at Fort Knox, he was never able to do it. They wouldn't let anyone in to see if there's any gold left for Knox or not. I just got a feeling that gold in Fort Knox has ended up in the Federal Reserve Bank vaults in New York. Yeah. Yeah. It could be.

Yeah. You know, that that's talking about auditing, uh, the, uh, golden, whether or not there was anything there. Uh, when you look at the Shanghai gold exchange, that's supposed to be where all the gold and the silver are for things like a paper gold and paper silver that are traded, uh, as, um, you know, kind of as derivatives, but who knows if it's there? I mean, I saw that was in Shanghai. It's like, well, I wouldn't want to have anything to do with that. And so that's why it's important for people to have a physical gold in a depository that they can trust. And it would be a big boon to the state of Tennessee, certainly to have that there. Well, is there a sales tax in Tennessee on precious metals?

No, there wasn't until this last year, uh, uh, reputated buttholes and I passed the bill to remove the sales tax from gold and silver. Good. So we don't have a tax on it now. Well, you guys are moving in the right direction. You're doing some good,

some really good things to take the sales tax off and try to push for a depository and a state bank. You, you mentioned earlier that there is a Tennessee state bank. How does that work? Is it, uh, I've not heard of that before. Well, it's, uh, I didn't know about it either, but I've talked when I was first started talking about a state bank with the treasurer, he said, well, actually

we do, we already have a state bank. And, uh, he said occasionally, and I, he didn't go into any detail, but occasionally we need to put, we put back occasionally we put money in our state bank. We use it to money through. So we actually already have one. So it's nothing like the one in North Dakota, but it's technically a state bank. I think they call it the Tennessee Trust. Well, that's interesting.

Talk a little bit about, since you're putting together a package to try to get a state bank through, talk a little bit about the advantages of a state bank, both to the state of Tennessee as well as to consumers. We talked a little bit earlier about the advantage to some local banks, but what are the advantages to the state and to the people of the state? Well, the state, we have a lot of money. We have 50 billion dollar budget. When I, when I first came here in 1988, we had 8 billion. I think 1980 was Tennessee's first billion dollar budget.

So in 42 years, we've gone from 1 billion to 52. We've grown a little over a billion a year for the last 40 years. So that 50 billion is a lot of money. We also have 70 billion, or we had 70 billion before the little downturn in the stock market. I guess it's 60 now. I hope it's still 60. It's the retirement system. We've tried through the years to get someone interested in putting money in the retirement system. We've tried through the years to get someone interested

in putting money in the retirement system. But the treasurer says, well, the retirement system needs to make 6% to keep it going, and he's afraid to go. So we wouldn't do that. He wants to put it in the rainy day fund, which either place would be 5B. We've got like somewhere between a $3 and $5 billion surplus right now in Tennessee. After we've abolished four major taxes, we abolished the inheritance tax,

the gift tax, the halls income tax, and the professional tax, and cut the tax on food and cut the tax for the farmers this year, and we're still having $-dollar surpluses. That's great. And that's part of why I gave you that surplus is cutting taxes. It is, but you can't explain that. I'm not smart enough to. Somebody might, but I can do it.

I've tried. But if we can figure out a way to do that, to explain it to liberals so they can understand it, they think it's a one-time thing. Even a lot of conservative things. Well, it happened that time. What happened again? Well, it happened all back through history. Yeah. And the bad thing is that they think that, uh, they'll talk about it being an expenditure, uh, or their money as if it's their

money. They think that they own everything. And, uh, you know, we, we can't give you any of this. It's like, wait a minute, it was our money to start with that you're taking. But yeah, it's just, you know, taking less of a bigger pie and letting the pie grow. It's just that simple. So you got a lot of money in Tennessee. So how is that from the state standpoint? Is the state bank something that would greatly reduce their

fees and things like that to make that more profitable? Well, at least we would know where our money, instead of having money invested with the Northeastern banks in New York and around, we would know where our money was invested. North Dakota invests a lot of their money back in North Dakota.

And, you know, like Ford coming in down here, you know, like forward coming in down here, you know, they're going to need lots of money. We can invest with them. We can invest in, we can invest in Tennessee. If we wanted to invest in wall street, fine, we could, we would have more control over the money that we do have in our bank. And it really has helped the, uh, the state of North Dakota through the depression. Uh, you know, we could wind up having another one of those. There's nothing that prohibits that, certainly

with the economic perfect storm that's coming at us. But it helped to pay teachers during the Great Depression. It's helped them through other economic downturns. It's helped them to reinvest money back into the infrastructure in North Dakota as well.

Yeah, and that gets teachers on our side. During the Great Depression, the teachers were North Dakota as well. Yeah. And that big bike gets teachers on our side. No, during the great depression, the teacher repaid with warrants, the banks would cash those in with 15% discount back in North Dakota would cash them in at face value. Yes. That, that made a 15% increase to the teacher. So the teachers and North Dakota appreciated the state bank. That's right.

Cash in their warrants at face value. That's right. You know, cash in their warrants at face value. That's right. Yeah, absolutely. Uh, for the consumers, what are the advantages for a state bank? Well, there are lots of them. I don't know exactly what at a 15 selling stuff to the conservative, you need to put in a 15 second soundbite. And I don't know how you can boil it down to 15 seconds if it gets 25 seconds you lose them but we'd have to work on that how we're going to but one thing as people

learn about this central bank digital currency and they learn about the federal reserve going direct back in the day and when they theyed the banks, they bypassed the local banks. Where the consumer does his business down here at the local community bank, when the Federal Reserve in 2019 in Jackson, Wyoming, when they decided to give BlackRock the money and let BlackRock buy assets, they bypassed the banks. They went direct to get the money supply up. I've thought all along for years, after a long run of inflation, you go into deflation regardless of what the government does. People weren't borrowing money fast enough to keep the money supply up as reserve currency for the world. John Maynard Keynes, one of the few things he said that proved to be correct after 100 years was that no one country needs to be the reserve currency, have the reserve currency.

They couldn't get the money supply up fast enough by running it through the banks, even with interest rates at half a percent. They had to go direct through BlackRock. And BlackRock's buying up, they buy whole subdivisions, pay 120% of what the developer's asking. Between BlackRock, Vanguard, and State Street, they own 10% of every major corporation on Wall Street. You read down what their portfolio,

and it is unbelievable. BlackRock owns Vanguard and Vanguard owns Blackrock and you ask well who owns Blackrock well it's Blackrock Incorporated owns Blackrock well who's Blackrock Incorporated

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Cheltenham with LiveScore Bet. This is total betting. Sign up by 2pm 14th of March. Bet within 48 hours of race. Main market excluding specials and place bets. Terms apply. Bet responsibly. 18plus of people think that the Fed Reserve's out of tricks. They've run this fiat money since 1971. That's the longest in the history of the world.

Genghis Khan had paper money, and Marco Polo told him about it in Europe. But he said he could only make it last seven years but we've done better than marco polo and king kong did today we've run 52 or three years now so it's i don't know how much longer this fiat money will last then but if i think the first thing we got to do is tell people listen to the guy from the federal reserve when he tells you about central bank digital currency and how he's going to put it on your phone and how he's going to track everything you spent and he can make you stay at home because you can't buy gas

more than so many miles from home. That's right. And if that ever sink in, I think they'd say, well, maybe we better have a state bank and maybe we were better at Tennessee issue somebody. We were backed by silver back with old, whatever. And of course, if they did this, it would actually be, it would make the black market in Russia looked like nothing. Yeah. America we're good at everything.

And we'd be really good at black market. Well, you know, and that is the fallback position, but maybe there's something we can do to keep from getting into the black market. No government regulations on the black market. Well, I think you're absolutely right. I mean, we don't need a soundbite. What we need to do is educate people about what the CBDC is and what it's going to do to their lives. And they're making no secret of it. That's the amazing thing to me about it.

And I was very disappointed to see, you know, we just had elections and, you know, Joe Biden gave out every one of the executive branch bureaucracies instructions on reports that he wanted back. He did that back in March, the beginning of March. He said, I want the information back in six months. And he broke it down into how you're going to completely redesign the financial system, how are you going to enforce this on people, some people who are going to design the software, and then how they're going to market it. And so they had this plan, they're rolling out, their pilot is already happening right now, and all of the banks are doing this, and they're doing it gradually. They're starting out at the wholesale level. And, um, I guess at that point, maybe still even the local banks

don't really understand what's going on. They'll say, well, they're just clearing checks, you know, like that, uh, vice president of the bank that, uh, my friend knew. Um, but, um, I think that the key thing we can talk about the inflation stuff and all of the things that have been prepared there, but you're right. It is the CBDC that is unquestionably the reason that we've got to have a state bank. All of the rest of this stuff has been looming over our heads, and they may be able to keep this, you know, spinning the plate on the stick for a while longer, but this CBDC thing is coming after us. And so it's not really about economics at that point. It's not about, well, you know, can we make this a little bit more efficient?

Can we help the banks to stay in business and thrive? Can we buy the loan rates down? All of these different types of things. It's no longer strictly financial. This is about surveillance and absolute control. And if people understand that, then they will go to a state bank. And it really doesn't matter even if the state bank is more expensive, if we value our freedom.

Well, you're exactly right. I mean, there's an India, I read the other day about a lady in India who had done nothing wrong, but the computer glitch, they cut her off and she started to ask cause she couldn't buy anything with her smartphone and her friends got tired of feeding her. Maybe she didn't have any friends. I don't know, but it just, uh, because she couldn't buy anything with her smartphone and her friends got tired of feeding her. Maybe she didn't have any friends. I don't know, but it just, um, it's unbelievable the control that they have through this blockchain and artificial intelligence.

That's right. The Aadhaar system in India was a brain trialed of Bill Gates and Rockefeller foundation, the ID 2020. I just talked yesterday to an individual who's from India. He's spent all of his life here in the U.S. as an engineer, wanted to warn people about biometric surveillance and smart cities and things like that. But he talked about how it was in India,

and they gradually rolled this thing out, saying, well, you know, we'll give you some free services, but you've got to sign up for the Aadhaar system and get that government digital ID. And now it's essential if you want to do any business. And as you pointed out, if you don't have it, you're going to starve. They'll shut you off of everything. They'll shut you off of medical care, food, travel, everything. And we've already seen what that looks like in social media. We've seen what it looks like with a protest in Canada. If they don't like you, they don't like your politics. They don't like your religion. They will shut you off. That's the whole point of all this stuff.

So it is essential to our survival to get some of these things through. So I really do hope that you can make some headway there. And, um, you know,'m i'm in uh tennessee let us know and i'll get the word out to people uh get them to me and let me know it's uh like we're in the infant stages we got some good people working on it and the interesting thing most time in politics when somebody comes for something they're trying to make a buck off of it the people that are pushing this they're they're trying to save america save Tennessee for the grandchildren. They're not trying to make any, they're just trying to save what we have. And that's the key thing. If you get something like this together and it becomes a bulwark against this

CBDC, other states can do the same thing as well. All it takes is a couple of states who understand what the issue is and can sell it and get it clear to people what is happening and it'll start to catch fire. So it's going to be whoever does it first is going to have a real battle ahead of them because the other side understands this. The opposition understands this as well. Well, there's some powerful people in Alabama that are interested in this, and state compacts are perfectly legal. We're involved in lots of state compacts with other states. We can form a compact with a few states around us, perfectly legal. We're involved in lots of state compacts with other states. We can form a compact with a few states around us.

Um, perfectly legal. That'd be great. Or each other's state money or whatever we have to do. And I tell people, I said, you know what a Dixie is? And I said,

well, what do you know? What a Dixie is? No, I wish I wasn't Dixie. You know what Dixie was? What is that? The Mason Dixon issued by the French banks and the ordinance, the

ordinance bank would issue currency and our bills called a Dixie. Oh, really? Yeah. He was, he was the old black gentleman that wrote the song. He was up north wanting to be back in the land of Dixie land of the $10 French bills. I was in, uh, I was in Hong Kong and we were looking at the currency there. And, um, and I started looking at it closely and very different colors and different designs for the same denomination, but they were all Hong Kong

dollars and they were the same year and everything. It's like, what's going on with this? And then I realized they were, they had private banks there and everything. It's like, what's going on with this? And then I realized they had private banks there. And this was about 15 years ago, so I don't know if this is still the situation. But they had private banks who kind of operated the way we used to here in the United States before we had a central bank. You'd have a private bank, and it would have to have reserves, and it would issue script on that bank.

And part of it was trusting that bank. So that still, 15 years ago, was of it was trusting that bank, you know, so, um, it was, uh, that, that's still 15 years ago was still the case in Hong Kong. Like we used to have back in the early 1800s in the U S. Well, the trust is the, is the only thing that keeps us dollar going. That's right. I've talked to people who traveled internationally and they say, even though we're worried about the dollar, it's still the strongest thing in the world.

Economy has said, people want to save money. They buy it. They have $100 bills. And so they trust America. They don't trust China. They don't trust Russia. So we've got that going for us. And we hope we don't lose that trust.

But if the central bank did some currency, that trust is gone. That's right. That's right. And they will quickly consolidate all of them with a global ID and a global CBDC. But, you know, the other part of it is, is that we're weaponizing our currency at the same time. It's been a great free ride for them because relative to all the other fiat currencies, they look good, but we're using it as a weapon and that's going to backfire.

It already is backfiring. You've already got other countries that are working together to try to get around that system because they understand that we have essentially unlimited money that we can print if they don't stop that. And that type of thing has already happened with Bretton Woods too. They understood that after World War II and the Bretton Agreement, the U.S. was going to be the standard because we had most of the gold in the world. And then the U.S. was not doing it honestly.

They were issuing a lot more paper than they had gold. And so then that caused a bit of a crisis. They got the petrodollar out of that. But it is going to be, you know, regardless of whether or not they reset the currency, regardless of whether or not we have massive inflation or even hyperinflation, it still comes back down to the CBDC. I think that has to be the issue on how we sell this. And, and it is a real existential issue, I think, to try to stop that thing.

Let me ask you this, what you know about the rich nations, you know, Brazil, Russia, China, India, they're trying to come up with the currency backed by gold and which would, uh, if they could do that and if it, it'd take a while, but if people ever got to trusting their currency backed by gold, that'd really be hard on the dollar. But if they come out with a currency backed by gold, how does that work in with these CBDCs, these central bank digital currencies? Well, I think they will still be fiat currencies because it's really about control. But, you know, they could make a case that it was gold-backed,

whether or not that was true or not. They could always run that out there. I mean, we ran that scheme for a while, even though we were printing more paper money. And so they could say, well, we've got enough gold to back it, whether they do or not, whether they, you know, get rid of the gold under the table, but the key thing is, is that whoever can get this central bank, digital currency established that puts them in control and once they're in control, they don't really have to worry about whether they're honest with the

gold. I think they can pretty much do whatever they want. Don't you think? Well, yeah have probably right. I think all bets are off. Once they get that, we're done. And so that is a very important thing. Um, and we need to get the word out on CBDC.

I hammer that all the time with people. And, um, the, the problem is that the people think that they look at these things and they think they're going to happen at some point in the future. They just don't think it's going to happen maybe even in their lifetime or in the next few years. And they don't realize how quickly this is intended to roll out. Every country right now is working on some kind of CBDC, just as we saw with the pandemic. They all had this new approach to a pandemic,

and that was to lock everybody down and keep them down until you got a vaccine, and they all need to take the vaccine, and they all got to get the vaccine passport and all the rest of the stuff. All of the countries were operating in lockstep. They were all doing things they'd never done before, doing the same thing at the same time, and it's going to happen again with this CBDC because these people got a plan. They want to get everything in place by 2030. The UN, World Economic Forum, they've got a set date.

And as you know, successful people don't just have goals. They got goals and timelines. They've got a date that they want this established. And these people do. They have that date already set. And they're going to be pushing us very hard towards that. I think. That was an amazing thing about the COVID shutdown is how coordinated it was around the world. Yes.

They were sending out test kits a year before the COVID came out to make sure all the third world countries had test kits. It is the whole thing orchestrated, coordinated, and the fact that they can do it around the world. It was really amazing. Yeah. Yeah. Yeah. We can say it thing orchestrated. Yes. And the fact that they can do it around the world was really amazing. Yeah. Yeah. Yeah. We can say it's orchestrated. They won't,

we'd say it was a conspiracy that we can say it's orchestrated and we're okay. But, uh, but it was, it was all of those things. It's a criminal conspiracy. And the same,

the amazing thing is, is that they put the plans out there and, and people don't even pay attention to them. The C40 organization has 75 large cities, and they have put out specific goals about how they don't want to have any private cars. They want to keep people within a 15-minute area. They're going to create neighborhoods where you don't have to travel more than 15 minutes and you can walk everywhere. And you don't ever need to leave that area. And you will never leave that area.

They're going to prohibit you from doing it. And they will track you. And, you know, all of these things, the IDs, the passports, the currency, the CBDC, it's all designed to surveil and to control your movement, your purchases, everything about your life, what you eat, the clothes that you wear, and of course, whether you travel or not. So that is the world that they're designing for us. And it's just hard to get people to understand that they're serious about this, and they have the capability to carry it out if we don't stop them. If we all stand up and say, no, we don't want that, we can back them down, and we can do it peacefully.

But people just can't bring themselves to understand that someone would want to do this and that they would have the technology to do it. And that's the thing that is really dangerous to us. I think. You mentioned the word peaceful there. I listened to an interview several years ago about how to peacefully get out from under the federal reserve and without a revolution or an economic downturn or whatever and the way to do that is slowly the banks have their own

state banks their own wholesale banks little mini central banks whatever you want to call it if the different states do that then we gradually get out from under the federal reserve peacefully i agree yes i agree everybody likes peace that is the goal we can talk about the economics of it we can talk about the financial advantages of it just like we can talk about the advantages of having gold but all of this is about freedom and independence independence from a central bank independence from a global digital currency uh these are the things that we're fighting for. All the rest of this stuff is going to be a long-term advantage for sure.

But in the near term, we've got to understand that we have to pay whatever the price is in order to get free of the CBDC and to get free of these other control mechanisms that they put in place. And there is a way to peacefully do it. It really is about education. I think that's why they work so hard to control speech and to control what people hear, to control the narrative, because if people understand the alternatives, it's going to be very clear to them what they need to do.

Thank you so much. Yes, go ahead. As far as Washington congressmen and their senators, have you ever heard a congressman or a senator mention CBDC? That's what I'm saying, yeah. We just had the election. So why haven't any of the people in Washington said anything about that? And that's why I said the issue is going to be – I'm sorry, go ahead.

Do they talk about the Great Reset? Do they talk about Federal Reserve going direct? Why is Congress – are they all blackmailed or subdued or threatened? Why do none of them? I've never heard a congressman or a U.S. senator mention any of this. That's right. None of them. None of them.

And that's what I said in talking about the last election. I said, you know, the solution is bottom up. The solution is local communities and the state government, because nobody at the federal government, they all know about it. It's being talked about by the Federal Reserve. It's being talked about the UN. All the different governments are running programs. Why are they not talking about this? Biden is running this. Why wouldn't some of the Republicans say, you know what Biden is getting ready to do? Let me tell you what he's going to do. Nobody said anything about that throughout this entire election. That is a big tell, isn't it? What people didn't realize is

the states created the federal government. Yes. The states created the local governments. The state is the parent. The local governments and the federal governments are the children. That's right. We're the parents. We're the drivers. Why are we letting

Washington force this on us? Why are we not standing up more against them? It's just, you know, the war between the states and the Great Depression kind of, you know, beat us down into submission and made us think that the federal government was the answer to everything and the solution to everything, but it's not. It's the federal government's the problem. I agree. Yeah.

Yeah. Reagan got that right. You know, they had, and I think a lot of it, Senator Nicely, is the fact that the federal government has this fiat currency. And so they can just shower money on people. That's how they get everybody to do everything that they want. Would you like to have a couple hundred billion for a new highway or something? Well, we'll do that. Just do what we tell you to do.

And then also, conversely, you want us to take away all that money that we just promised you? Well, we'll do that if you don't do what we tell you to do. So that's the power of the Federal Reserve. The ability to just shower out all this money gives Washington unlimited power to intimidate, to persuade, to coerce the states to do whatever they want. And so it is the Federal Reserve, I think, that has really turned the states into the slaves of the federal government, I believe. Probably. Probably is. I mean, I'm keen to be there.

Yeah. Yeah. Well, if we get some more senators like you, we can change this. Thanks. I really do appreciate what you're doing. And again, let me know and I'll put information out to people in Tennessee, see what we can do to help. But I think the key thing that we have to focus on is this CBDC and educating people about that. Yes. Well, I do too.

And when the Federal Reserve is openly talking about it, I mean, they should believe it. I mean, it's almost like they got here but can't hear. Yeah, they don't want to hear. Well, thank you very much, Senator Nicely. Thank you for having me. Anytime. Appreciate it. Bye-bye.