The David Knight Show - INTERVIEW Dollar Melt Down — Then What?

Episode Date: April 18, 2023

Eric, CapitalistEric.Wordpress.comWhy the entire western fiat system is about to implodeWill CBDC fail? How do we fight it? Crypto is in the crosshairs and here's what makes it vulnerable.What is a safe haven for money in this unstable time?Find 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 through Mail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money 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.

Come on, come on, yes, yes, come on. At this year's Cheltenham, glory rests in the lap of the gods. Oh, curses. Alas, our hero hasn't placed. But there are still divine offerings up for grabs, with all NoviBet customers getting a €10 free bet for every day of Cheltenham. And on top of that, we're paying up to seven places each way on selected races throughout the festival. I declare this a most generous offering.

No, we bet. More power to you. T&C Supply 18 Plus. Bet responsibly. Gamblingcare.ie. partner organizations worldwide, we bring together unparalleled expertise to serve businesses like yours. We can help you discover partners in new markets, advance your digitization and gain valuable insights into EU funding opportunities. Take advantage of free expert advice and innovation resources. Visit een-ireland.com and take your business global today. all right welcome back we're going to talk to someone i'll give you a little bit of his background here he wants to remain anonymous here but he does have a wordpress blog capitalist eric.wordpress.com i saw some of his articles were published on civil defense manual.com jack lawson's site.

And I want to talk to him. His background is a Bachelor of Science degree in economics, a Master's degree in finance, and a doctorate degree in computer science. And so he wanted to talk about, and I want to talk to him, I should say, about Operation Sandman. He certainly understands where we are in terms of the fragility of the dollar, of the threat of CBDC. So I wanted to go over all of that and what he sees as a scenario

about how they might roll this thing out on us. So joining us now is Eric. Thank you for joining us, sir. Good morning, sir. Thank you. A little correction. My doctorate is actually information systems. for joining us, sir. Good morning, sir. Thank you. A little correction. My doctorate is actually information systems. It's not an IT. It's more data analysis, number crunching for decision makers. So statistics on steroids. Yeah, yeah, yeah. Probably. Well, we'll just

leave it at that. That's very interesting. Tell us a little bit about Operation Sandman. Where did this come from? What do you know about it? Operation Sandman started out basically as a rumor a couple of years ago. Steve Quayle was talking about it. And bottom line is that there was somewhere between 130 to 140 countries that were looking to repudiate the use of the U.S. dollar in one day, basically kind of a sneak attack on an economic front.

And this theory has been hanging out there the entire time. Now, it came to my attention, obviously, a couple of years ago when they were first talking about it, but then most recently, about three, four weeks ago, the president of Kenya was making a speech and he said, by the way, if you have dollars, you've got about two weeks to get out of them. After that, you're going to lose your value. And that's where this immediately popped up again as a viable event, I guess you would say.

And so it takes on more meaning now as we're watching Brazil, Saudi Arabia, India, Pakistan, the rest, turn away from the dollar for their international trade. Well, and of course, what we've seen is the dollars come under attack from our administration, the Biden administration. They've done more to undermine the dollar than any foreign country has. They're driving people out of the dollar into any other way of doing this. He's done the same thing for the dollar internationally that Pierre Trudeau or, or, uh, Justin Trudeau, I keep referring to as peer that Trudeau did to, uh, protesters

when he froze their accounts. And so on an international level, you know, he is, he's like, Whoa, wait a minute. You know, he can steal anything from us and, and we'll do it. He's already doing it, that type of thing. So yeah, the, the attack is for real. Uh, and it's, uh, we has met the enemy and he is us. Yes. But the interesting thing is that the American people are not nearly as stupid as the administration thinks. I mean, what's $526 billion pulled out of the banks in the last month, six weeks, something like that.

So there's an ongoing run on the banks. That's the first thing then internationally other countries are making a run on the US banks the US Fed as well so this is an ongoing it is turning into a recreation of the dollar happening right now I mean they're trying to cover it up but even look what MSNBC is having to admit the truth you know we're not able to keep the keep under wraps anymore that's right um so there is a military aspect where this comes into play with with uh projects and men where it becomes a viable

uh option for them if you recall back during the collapse of the Soviet Union, when the Russian ruble, the Soviet ruble, collapsed, their military was paralyzed, right? They literally weren't able to get food, fuel, anything to their bases around the world. And so if US dollar was repudiated in a similar fashion now, this is just a revelation I came up with the last few days or so,

if the U.S. dollar was repudiated, Operation Sandman, it would basically collapse the Ukraine front. Because it would have no more support. It would also collapse the European Union, since the euro and the dollar have basically joined at the hip. And right now, with the U.S. administration being, you know, their mad dog barking crazy right now and rattling the nuclear sabers and so forth, you know, if the dollar collapses, the economy collapses, the administration is going to have to worry more about people with pitchforks and torches at their gates than they are going to be trying to fight a war over in Ukraine that nobody really cares about.

I agree. And yet we see Marco Rubio saying, well, you know, this is really bad. We could lose the reserve status of this and that's going to impact who we could punish with sanctions on. He doesn't even think about what it's going to do to us domestically. It's just about, you know, he's got this lever of power that he's using against other people of the American empire, and it's going to remove that tool. But I remember when something similar to that happened in New Zealand. I remember when they, you know, hit the wall because they didn't have reserve currency status and they couldn't just spend money infinitely without any uh you know accounting or reckoning like the federal reserve is doing and their fiscal mismanagement hit and i remember that the uh their officials who were in embassies in the u.s and other countries i they

didn't have airfare to get home they they couldn't eat precisely borrow money. These are the embassies, the embassy staff and the ambassadors don't have any money. Everything stops. Right. One of the things you're talking about with Marco Rubio, well, when the dollar gets dropped as a bulls of currency, that is going to happen. It is happening right now. All right. This cannot be stopped. Yes, it is going to happen. And, you know, the impact for just normal people is everything that we import, that's all going to stop.

Or it's going to be priced so high that most people can't afford it. All right. So what you see at Amazon, you get your bananas from Ecuador, you get your green grapes from Chile, so forth. When you go to the supermarket, that's all going to come to a stop. Yes. Walmart. You know, if you can't make it locally, you ain't going to get it.

That's right. But there's another aspect that a lot of people, they keep thinking, well, who's going to be the new reserve currency when the dollar collapses? Well, historically, there has to be a reserve currency because you couldn't get fast information. You had to have a standard that everybody believed in. Nowadays, there's no need for a world reserve currency because you can get instant information as far as exchange rates and come up with a fair price fair trade immediately without a need for a reserve currency so the need for the dollar to be that is gone it's obsolete let me ask you we only talk about the fact that it's no longer necessary to have a world reserve

currency because of computerization and communication that type of thing and yet we see as i was just talking about before you came on you see see that the Bank of International Settlement is pushing their project icebreaker about how they're going to have digital currencies pass back and forth between the central banks of different countries. And then also you have Unicoin, which the IMF is pushing this out, and then every country's got its digital currency. How do you see this shaking out? I mean, what is, because, you know, a lot of this is not really out of any financial necessity, but it's out of a desire to control people centrally, right? It's about a massive ID program.

I think it's the fastest way for them to get to their global ID, which is, you know, where they want to go. They can get there a number of different ways. They can get their biometric identification. They can get there a number of different ways. They can get there with biometric identification. They can get there with vaccine passports. But the fastest and most direct way to get the greatest amount of control, the quickest, I think, is the CBDC. So they're all looking at this.

How do you see all that stuff shaking out, these different competing things? It's good. They're going, well, to start off with, the arrogance of these people is just eye-popping. It's just unbelievable. I agree. But the IMF, the World Bank, and all this, they're going to fail. They are plain going to fail. The CBDCs are going to fail.

It's not going to happen. See, here's the thing. We go back to Russia and Ukraine and all of that. If you go back to March of last year, excuse me, 2021, about a year ago, Nathaniel Rothschild, from the Rothschild family, the fractional reserve banking system family, they sentional reserve banking system family,

they sent out an email to the UK parliament saying, hey, you have to win in Ukraine because if you don't, our system is dead on its feet. Because the Western financial system, it's all fractional reserve systems. It's all interrelated. It's all a big Ponzi scheme. The Ponzi has to keep growing by bringing in new payers, which means now they need Russia. They need China. And those guys are not buying into the system. The financial system of the West is a Ponzi scheme and it's all consumers. We make some food, we make some airplanes and some tanks and stuff, but all of the mining,

all of the energy and so forth, it comes from producer countries, none of which are standing on to the Western financial system. That's 7 billion people versus 1 billion that are trapped in this Ponzi. The other 7 billion people, they're turning away from it. So the Ponzi is collapsing. That's why we saw the failure of Silicon Valley Bank and Credit Swiss and the rest of it. It's all

coming down. And they have to save themselves by forcing Russia and China in, and it's not going to happen. That's what the war in Ukraine is really about. It's the eastern financial system of producers against the eastern financial system of producers against the western financial system,

which is a Ponzi and consumers. The Ponzi is going to collapse. And so, the CBDC is, it's, I mean, it's a cherry on a poop sandwich, okay? It's just, it's not

going to happen, because nobody's going to because nobody's going to go with it. Yeah, nobody wants it. They're going to go with currency. They want it. They're playing their games, you know, between the Bank of International Settlement, the other central banks, and between the other bankers. But the consumers don't want it.

When we've seen that in Nigeria, where they rolled this thing out, they thought, well, let's try Nigeria. It's a pretty big country, and it's got a lot of adoption of Bitcoin compared to other countries around there. So let's do the CBDC. And it was a total failure. Everybody ran to Bitcoin. But what they learned from it, Eric, is that I think what they learned

from it was they've got to go after cryptocurrencies first. And I think we're seeing a lot of that. They're explicitly talking about that in the wake of Silicon Valley Bank, in the wake of FTX. Those things may have been organic. They may have been engineered. You've got people like Elizabeth Warren, who is now hanging her hat on her anti-crypto credentials and wants to come after it full force. But I think that even things like the Restrict Act, I think the first, you know, this is a very broad act that is going to take away a lot of our freedoms.

But if I look at it, my feeling is that its first target is going to be crypto because you've got the massive fines if somebody uses a VPN, massive fines if you use somebody that they say that's prohibited. So all they have to do is say, well, you're not going to deal with Binance anymore with your crypto stuff. They're prohibited. And then if you do it, there's a fine. But if you try to hide the fact that you're doing it from the US with a VPN, with a virtual

privacy network, then they'll hit you with a million dollar fine. And those kinds of big fines like that tells you that they're really coming after financial users and so i think that that's a real target what do you think about restrict the restrict act is that way you read it as well or how would they how do you think this is going to roll out i think they've got to take out crypto first what do you think at this year's cheltenham glory rests in the lap of the gods. Curses. Alas, our hero hasn't placed.

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The Restrict Act is the most horrible piece of... It's the most horrible thing I've ever seen. I agree. Unbelievable. It cannot be overstated. And the impact for cryptos, so forth, anything that's outside what the government wants, yes, they're going to go after it. But the thing is that people, there's a fundamental flaw in the cryptos in that people say, yes, the strength is that it's decentralized.

That's true. But you still have on-ramps and off-ramps. They don't have to go after the crypto itself. That's right. If you cannot exchange it for something else, then it's useless. And they've got two points of vulnerability. Not only is it the on and off ramps, which is the financial controls,

how do you get your money into it or out of it through the banking system? But the other aspect of it is it uses a lot of power. They're right about it. They want to use the fact that it uses a lot of power to say it's got to be shut down because it's going to burn the planet up, that type of nonsense, right? Climate stuff. And so that's going to be shut down because it's going to burn the planet up that type of nonsense right climate stuff and so that's that's going to be their justification for coming at it but it also makes it very easy for them to find where these places are and so both of those things makes it very vulnerable even though it's decentralized the fact you got

the on off ramps through the financial system that's there and the fact that they're on the power grid uh they use so much power they're not gonna or if they were independent i even saw something where somebody said hey we could have small nuclear reactors to it's like okay you set up a small nuclear reactor they're gonna know where you are with that too uh they're gonna come after them that way i think yes they can see one of the things people don't understand is that well the government monitors all internet traffic yes at the internet service providers at the hubs where everything comes in they duplicate everything the the massive data center for the NSA over in uh what is it Utah as well as the duplicate over

in Maryland all right they vacuum up everything and they can go back and analyze it later so you say oh well i'm just on a local you know local uh service provider and so forth it's going to go to a main service provider and then back to their data centers you can't hide yes you cannot hide which makes it so absurd that they would complain about the power footprint of anybody else when they've got these massive data centers scraping everything, storing everything, you know, uh, mining everything. They mine data instead of crypto coins, man. They're constantly doing that. It's such hypocrisy for them to complain about it.

And it's amazing to see the New York times and other people completely ignore what the surveillance state is doing in terms of its footprint of power. Uh, but yeah, they are scraping everything up. They're saving everything. And I guess, you know, some of the articles I've seen, they're expecting that at some point in the future, they're going to have quantum computing or something so powerful they'll be able to go back and break all encryption and, you know, do a forensic expose of all their enemies at that point in time.

It's just amazing what maniacs they are, isn't it? It's kind of yes it's it's like hitler you know the the russian troops are closing in on uh on berlin and he's sitting there talking about how are we going to build this new palace and what yeah you know well let's hope that their days are nobody let's get them in their bunkers and then we'll deal with them after that. So what do we do about this? How do we create? Do you have any ideas about how we create a gray market or black market?

How do we start to prepare for that to get away from their centralization? We've had a couple of situations in a couple of different states. Texas is talking about a gold-backed cryptocurrency. You've got Tennessee here. We're talking about having a public state bank to be kind of parallel to the Federal Reserve System in some ways, kind of like you say already in North Dakota. So there's different ways that people are looking at this, trying to get away from this consolidation, this centralization. What can we do as individuals? Very simple.

Gold and silver all right they are and i know it's not nearly as uh sexy as going into crypto and having your you know your passwords and your thumb drives and all that good stuff go old school because number one there is no counterparty risk there is counterparty risk with crypto in the fact that it can still be isolated with regard to on-rants and off-rants. If you cannot exchange it for something else, there is still a counterparty risk. With gold and silver in your physical possession, that's very important, physical possession. If you don't have it, you don't own it. That's right. If you put it in a safety deposit box,

the local bank, well, gee, there's an economic collapse. The bank just has to do their bail-ins. And they say, guess what? We're declaring force majeure.

Your stuff, whatever, in the safety deposit box is gone. And fine, you might be able to sue them in a few years if they're still around. And if there's a justice system. And if you get an honest judge. so on a lot of looks on that a lot of ifs there isn't it

yeah a lot and you know just as we're talking about how they can identify uh the bitcoin miners and shut them down because their power usage uh my other concern about it and maybe there's a technical way to do it but my concern about it it is with the crypto stuff, what do you do in terms, if you've got no power, no internet, what do you do with that? I mean, it seems like to me you're cut off. Maybe there's something you do if you meet people in person with an external wallet. I don't know how that technology works. And that's my other concern about it is it is, you know, certainly, you know, a thief can break in and steal what you've got if you've got gold and silver or something like that but uh there are so many more ways that people can

steal from you defraud you with all the crypto stuff because it is so complicated if you don't really understand the technology you're at their mercy it's kind of like you know going into the old classic thing when you would go to different countries in Europe and they've all got a different currency and you don't really know where they exchange. You just hold out your hand with some money and let them take what they want. You know, that type of thing. You're trusting that they're going to do the right thing. And that's the way I feel about the crypto stuff. And going back to the restrict act, they say basically anything that you do that is against our national policies is now a crime.

So what if they come back and say, you know what, you can have Bitcoin, but if you try to spend it, it's against our national security interests and you're now subject to the Restrict Act. Isn't it funny that they don't even try to make it sound positive? You know, they would usually do things like call it the Patriot Act or something. They don't even try to make it sound good. They're so in your faces. This is the Restrict Act. You know. We're going to nail you with this thing to the wall. They don't even try anymore. Yes, indeed. It's so well in it. It really is. I've never seen

anything like it. There's some other aspects as well that people need to be aware of with regard to gold and silver. In fact, I was talking with some guy just yesterday. He said, well, you know, I sold my gold because it wasn't appreciating enough. I wasn't getting enough of a return on it. Gold and silver is not about making a profit. It's about taking whatever purchasing power you have and saving it. But there's a key element here that most people are not aware of.

In fact, I sent you the link before. It's usdebtclock.org. It's very important. If you go and look at it, there's a lot of numbers and stuff. But if you go down to the lower right corner of usdebtclock.org, you'll see something that says paper to gold ratio now and paper to silver ratio now. So every physical ounce of gold there are, according to my computer right now, 121.27

claims to that physical ounce of gold. In other words, there are 120 times more paper ounces than there are physical in existence, and it's almost 390 for silver. What this means is that a lot of people, in fact, they're pulling their cash out of the banks and they're saying, oh, I'm going to buy gold and silver, but they don't actually take possession of it. They just say, okay, I'm going to go buy some paper ounces,

silver ounces, or some paper gold or silver ounces, excuse me. And that way, whenever they need, they can go down to their local repository and pick it up. But the problem is that there's 120 other claimants out there that claim ownership to that same ounce. So unless you're the first guy in line, you ain't going to get it. It's as much of a Ponzi as the banking system. Yeah.

Now, what they did was they set up these ETF things, and you have, what is it, GLD and SLV are a couple of bigger ones, but there's several of them out there. And you can go in and you can buy, you know, just buy it instantaneously and you get it uh it's uh in units or like a tenth of an ounce that you can buy it typically and so you know that is what that's created supposedly that stuff most of it is supposed to be uh backed up by physical gold or silver in shanghai or in london you trust either of those places

right there. And so that's what you wind up with are the paper gold and the paper silver. And it's, it is. You get a fancy piece of paper. Yeah, yeah. So there's a follow-on to this, okay? If gold is running at somewhere around $2,000 an ounce right now, under the assumption that there's 121 122 more ounces out

there this means that when this paper market collapses along with the fractional reserve system that all else being equal you would expect the purchase price of gold to go up 121 times what the current spot price is right now in other words the purchasing power of gold when go up 121 times what the current stock price is right now. In other words, the purchasing power of gold when this whole thing goes down will be effectively $240,000 per ounce of current purchasing power. You follow what I'm saying? Oh, yeah. Yeah.

And that's right. But, you know, what we're looking at there, and that's one of the things people look at and say, well, you know, gold is going sideways. Sometimes it goes down. Sometimes it goes up a little bit. But, you know, even if we were to talk about gold going from $2,000 roughly to, let's say, $8,000, that doesn't mean that the gold has gone up in value. That means that your dollar has gone down by a factor of four or five. Correct.

What you're saying is you're really preserving your purchasing power when everybody else winds up with, you know, baskets full of Confederate currency. At this year's Cheltenham, glory rests in the lap of the gods. Curses. Alas, our hero hasn't placed. But there are still divine offerings up for grabs, with all NoviBet customers getting a €10 free bet for every day of Cheltenham. And on top of that, we're paying up to seven places

each way on selected races throughout the festival. I declare this a most generous offering. NoviBet. More power to you. T&C Supply 18+. Bet responsibly.

GamblingCare.ie Take your business international. Enterprise Europe Network is the world's largest network providing free support and advice to SMEs with global ambition. With over 450 partner organizations worldwide, we bring together unparalleled expertise to serve businesses like yours. We can help you discover partners in new markets, advance your

digitization and gain valuable insights into EU funding opportunities. Take advantage of free expert advice and innovation resources. Visit een-ireland.com and take your business global today. Yeah, and keep in mind too, the gold markets have been, gold and silver have been manipulated for a long time. JP Morgan is working with the Fed because frankly, the Fed is a cartel of banks, including JP Morgan.

So they short the gold numbers, or short the gold prices, short contracts out there on the markets. And then when the price starts to creep back up, they have the Fed print them out some money or digitally create it, drop it into their accounts, plus a few percentage points for their time. And in the meantime, they've suppressed the price of gold. And the same thing HSBC with the Bank of London for silver.

Keep in mind, people don't understand that the central banks, like I said, they're effectively one big cartel. It's a fiat money system owned by the same people. That's why they all work in concert, because they're all owned by the same people, all

controlled by them, not to our benefit, but to theirs. And this is why they suppress precious metal prices. But when the Eastern financial bloc, which is the BRICS countries and so forth, when they prevail in this war with Ukraine and their financial system, and the Western system collapses, the only thing that's going to be left is precious metals. Not even the cryptos, because they can block the on-ramps and off-ramps. All you're going to have left is the precious metals, because people say, well, it's going to be Venezuela.

Well, when Venezuela collapsed, what did people do for currency? They took dollars. When the Weimar Germany collapse occurred, the hyperinflation, they were using francs, they were using British pounds, they were using US dollars. They had alternative currencies to go to. When the Western system collapses, there's nothing left to go to except precious metals. I agree. Yeah, it is kind of interesting that we see this recurring theme with everything that they do,

and that is to detach us from reality by design. You know, we had the Bretton Woods after World War II where they said, hey, you know, we're going to pin it to gold because America's got most of the gold. We'll pin it to the U.S. dollar. That'll be the reserve standard. And so then they started just printing a bunch of money, like you're talking about doing, you know, with the paper gold and paper silver. So then they came up with a petrodollar,

which literally tied us to something that was real, to energy, right? Because that's what we're really talking about. We're not talking about oil and all the rest of these things that have been demonized in the press endlessly. We're talking about energy to do real things, whether you want to manufacture something or you want to travel somewhere or you want to heat your home or cook, you got to have energy.

So that's a real thing. And, and now Biden is doing two things. He's destroying the dollar with his geopolitical games, but he's also trying to destroy the attachment to energy at the same time. So the petrodollar, both sides of the petrodollar, he's attacking with that. And it seems to me, Eric, that there's this common thing that is happening everywhere.

We're going to shut down your world in 2020. We're going to tell you to isolate at home. But that's OK, because you can get on the internet and you can zoom into other people and you can do zoom classes and you're going to have virtual travel and virtual work and all the rest of the stuff. They want to detach us from the real world for purposes of control. And that's really what they're doing in the financial world as well. It seems like is to try to detach us from all this paper, gold, paper, silver is a part of that. And so we have to get back to the real world, reclaiming skills and reclaiming our values

and having real things that we can control ourselves rather than having somebody on high at a great distance telling us, no, this is the reality that you're going to live in. This is the virtual world that you're going to live in. And that's really, it seems to me like that is besides centralization, it's the virtualization of everything that they are striving for. What do you think? I think you're exactly right. Look, we can talk about virtual, virtual, Zoom meetings, calls and so forth, virtual

job, whatever. Virtual doesn't work as far as virtual tank of gas. It doesn't work for a virtual loaf of bread. You still have to have, you know, you can't have a virtual house or a virtual apartment. Things are real, all right? And the prices for them are going to continue to go up as the dollar is destroyed.

And so what do you do to pay for those things? I know a lot of people talk about, okay, have your own garden, grow your own food. Well, myself, I live on the top of a mountain. Basically, we grow rocks up here and plant trees on the side of the hill. So what do I do? I started off as an electrician, then an economist, and all the rest of this stuff. But you know what? I learned how to do welding.

I work on cars. Other skills. My wife is the same way. We're trying to learn skills that are going to be useful even after the dollar collapses. And ideally, things that you can do in countries where the

economies are going to be going stronger such as India, China, Russia, so forth. My expertise is in data centers, so I'm trying to get skills and build clientele and so forth that will um be useful and economically profitable even in those areas versus having to depend on the us dollar because it's people are going to be worried about how do i how do i turn this virtual loaf of bread

into something i can eat i get my metaverse bucks uh, Mark Zuckerberg so I can get some real food. Uh, I'm really wealthy. I'm really wealthy on the metaverse, but I ain't got anything in real life. It's kind of like ready player go, or was that, was that the name of that? Ready player one, right? Ready player one. Yeah. I always get that wrong.

And going back to your, your question, as far as the Unicoin and the CBDC. Ready player one, right? Ready player one, yeah. I always get that wrong. And going back to your question as far as the Unicoin and the CBDC, one of the things, if you're poor and you have no prospects and you're basically living with government assistance in the cities, you're going to have no choice but to take these things on. That's right. People out in the countries, they their mechanics and farmers and so forth, you know what? They're not going to be very impressed by CBDC.

They will be impressed by an announcement for silver. That's right. They won't be so impressed by it. They're already starting that. You've already got some states and some jurisdictions where they're saying, well, beginning next year, kids from K through 12, if they want to get their free lunch, we're going to do it with biometrics. And so we're going to collect it that way. And we've seen the same thing happen in the rollout in India for a national ID,

the Aadhaar system that Bill Gates was pushing. They ran it out and got a lot of adoption by going to the poorest people who were dependent on the government and said, you know, hey, if you want to have your welfare stamps or your food stamps or your, you know, the other, your health care, you got to get the number. That's how it's going to roll out. And so that's going to be the way that they're going to push this thing out there if we don't have an alternative, something that is real. That's why in a recent article, they were talking about Biden's attempts, you know, just ramping up these emission standards through the EPA

to effectively ban cars in just a few years. And they talked about how old the cars are right now. Average life of the car is now like 12.3 years, um, in America. And I remember back in the 1970s, it was a selling point from Volvo. I remember them running ads saying, uh, the typical, uh, Swede keeps their car for 11 years. Well, my take on that wasn't that Volvo was making such great cars. Cause I knew better, but my take on it was that's what socialism does to people, you know?

I don't because you know in the u.s everybody was getting a new car like every two or three years they could afford it now it's become a luxury good and so when we look at that in that context is one person commented said now is a great time to learn auto repair if it's 12 years now and it's going to get worse uh you're going to be very valuable if you know how to repair a car. And you may need to know how to make some parts to 3D print them or something like that as well. You know, one of the things, to start a tangent, because I've been tinkering with cars, I guess, 30 years now, but I traded in my, I bought a five-year-old BMW, right? But it had like 30,000 miles on it, so I got it for a sweet deal.

And there's a couple of little odd items with it, and it turns out that you can buy a scanner on Amazon called OBD Blink, Onboard Diagnostic Link. And in the report, you link it up to your cell phone using Bluetooth, and it will do a full diagnostic and tell you exactly what you need to fix. Yep, yep, that's right. It's like a hundred bucks, whereas, okay, if I'm taking anyone to you and it's gonna hit me for $300,

and now I've got a tool that I can go around and plug in any car and pull up the diagnostics on it, any car with a computer. Yeah. And voila, I've got it. So my wife's SUV, I pop it up and what do you know? There's all this. So the wife says, I popped it up. What do you know? There's all this. So the computers,

uh, are obviously they're, they're intimidating for people that like to spin wrenches like me, you know, old Holly carburetors, but there is an upside to it. And that is, you're not searching around trying to find the problem.

You literally plug into it. Boom. You got about three seconds and you're done. Yeah. Especially if you want to go to an auction and you can get some really good deals at an auction but it's kind of picking a poke. If you got that

OBD scanner, you put that in and you look at and you get a readout of the condition of this car. That's a pretty important thing. And you could get a really good deal. Take your business international. Enterprise Europe Network is the world's largest network providing free support and could get a really good deal yeah take your business international enterprise europe network is the world's largest network providing free support and advice to smes with global ambitions

with over 450 partner organizations worldwide we bring together unparalleled expertise to serve businesses like yours we can help you discover partners in new markets advance your digitization and gain valuable insights into eu funding opportunities. Take advantage of free expert advice and innovation resources. Visit een-ireland.com and take your business global today. Oh, absolutely. Absolutely. The thing you were asking as far as what we do for grey markets and so forth, we are going to get to that point. I don't see any way around it because the entire big pit for the entire Western financial system is going

to fold in on itself it is going to be in my opinion it is going to be vastly worse than the 1929 the the 1939 Debrecen. Because the system has been building over the last 200 years. And when it folds in on itself, the only options we have is gonna be precious metals and barter economy and if you have useful skills. So there is a downside in that if you have your savings tied up at $4.1K

or you're thinking your retirement is going to be there, it's going to be vaporized. It is going to be gone. So all of your savings and dollars are going to be gone. But guess what? All of your debts are going to be gone too. Everything denominated in dollars is going to be vaporized. And it's going to come down to what you have to barter, what you have for precious metals and so forth. So Bitcoin and so forth, Ethereum, Amero, whatever. Great, they're going to exchange digital currency for U.S. dollars that's going to vaporize?

I mean, how's that going to work? Yeah, and I think a key thing is, you know, you look at the fact that BRICS has been around for a long time, Brazil, Russia, India, China, South Africa. They've grown quite a bit now, and they have really started moving. And I think the key thing about all this are the moves that have been made by China geopolitically to consolidate these oil producers

in the Middle East. Look, China understands that they've got to have energy in order to make real stuff. And we're being gas lit by our Western leaders from Biden to the EU people that we don't need to have energy, that we can do everything that we need with solar panels on a big scale. Those are great to get you off the grid. It's great to prep for things like that, but it's not going to work for big manufacturing. It's not going to work for a grid. China understands that.

They've been given a pass, and so has India in terms of Paris Climate Accord. But the biggest thing is that they have undermined this petrodollar and our connections to real energy in a way, in a very think this, you know, all of a sudden shutting everything down and changing it is really going to happen very quickly because I'm astounded at how quickly China is making peace between enemies in the Middle East, something the U.S. has never been able to do. It's never been in their interest to make money off of selling. Never even tried. Yeah. You even tried. Yeah.

You're right. You know, what's Raytheon paying me? A missile or a bomb or whatever. Yeah. Come on. Yeah. And there's also, our policy has been divide and conquer. You know, they're taking a different approach.

You know, they're creating to fight against us because we've done divide and conquer. They do the opposite. And, uh, that's going to be very, very powerful and it's going to happen very, very quickly. I think you're in the, you know, when you talk about the, the, the, or guess what? There's a, there's an article in zero ahead this morning talking

about the petrol you on why? Well, because China is the number one oil importer right now. Gee, they have more market power than we do and we've got, you know, Emperor Dumbledore in the White House talking about how we hate energy and so forth. China's like, yeah,

we'll give you money, we'll buy, you know, they can directly exchange for gold. How do you beat that? Mm-hmm. I agree. So the dollar repudiation is not happening all at once. It's happening very, very fast.

And it's like a big party, and somebody realizes, hey, the party's coming to an end, and whoever's the last person out the door gets stuck with the bill. The countries are starting to jump out of the dollar and so forth. The last person now, guess what? You get stuck. And so it's going to be, it's going to be a rush for the exits. And frankly, I'm surprised it hasn't already started. Yeah, I am too.

And, you know, we've been talking about this, uh, many people that I, I talked to on a regular basis. We've been talking about this for a long time, but it seems to me like things are really accelerating. I don't know if, um, uh, you're, you're familiar with the, um, fourth turning that Strauss and Howe did, but I, I, I think that they are spot on. And I really do believe that these people think they've got to collapse us and then they're going to, you know, have their new society in place by 2030. That's why I think this've got to collapse us, and then they're going to have their new society in place by 2030. That's why I think this stuff is really exciting. That seems to be the time frame in which they want to have all this stuff happening. And they're perfectly capable.

I don't even think that it's mismanagement. I think this is all deliberate. They deliberately want chaos and collapse, and they think that somehow they're going to come out on top on the back end. And I think that even includes war, uh, because that has always been a part of these fourth turnings. And I think when the American empire gets desperate, it's going to really start striking out in all directions. You're absolutely right.

The idea that they're going to come in as the saviors with the CBDCs, you know, it's like Klaus Schwab, the bugs, you know? If I have a state in my freezer, you can keep the bugs, right? If they come out with CBDCs, people are going to refuse and they're going to go to alternatives. It's simply not going to happen because if the option is digital slavery and going to a new currency, people will go to a new currency. They're not going

to volunteer for slavery. I agree. So they think that the CDC would only be a viable option, only be possible if there's an alternative. And I think the way they're going to do this, they want to try to shut down the alternative,

which they see as crypto, because I think that's what happened in Nigeria. So they want to shut down CBDC. I think they're going to realize that they can't really shut down CBDC unless they collapse our infrastructure. I think they'll pull that trigger. I think they'll do that, say, well, you know, Hey, uh, we won't pull the grid down. We'll pull the internet down or whatever. So we can shut down CBDC. I think they're capable of doing anything up to an including nuclear war to get

what they want, which is to burn everything down and build their dystopian open air prison system. I think that they'll, they'll do exactly that. Well, last year I, I, last year I, uh, one of my blogs they'll do exactly that but last year I last year I won my blog I said exactly that exactly that they will the radicals nuclear war don't lose power because it is leaders whatever they are Rothschild family the rest of them their entire system is built on a policy, and they would rather go to war and lose the power afforded them by that policy.

Think of it this way. We'd probably make money, get wealthy, own a million dollars or a hundred million dollars and so forth. They don't just have money. They own the money system, and they can create whatever money they want, whenever they want,

by whoever they want, by whatever money they want whenever they want by whoever they want by any politician they want general name they can do anything because they can they own the system yeah that is an amazing amount of power that most people just don't think about they just don't realize that the it's owned by somebody. I agree. When China come in, it's a currency instead of it being the promise of, oh, you want interest? Well, we'll present it for debt and give it to you.

Congratulations, you made a profit. They're actually saying, look, our currencies are gonna be backed by a commodity, whether it's gold or oil, grain, fertilizer, name it. There's actually something real behind it. It strips them of their power. And going back to that, Nathaniel Rothschild emailed to the UK Parliament last year when he said, you have to prevail in Ukraine or our system, as it backwards, is dead on its

feet. I agree. And that's the truth. And so they will fight to the bitter end. There is one way to stop it, and that is to collapse the system, the Western financial system, before they have a chance to provoke a nuclear war. That is our only hope at this point. On the one hand, it's absolutely crazy that you're hoping

that the rest of the country repays the dollar because it's going to put us in a world of hurt. That's true. But we'll be in even more of a world of hurt if we end up in a global thermonuclear war. I agree. Absolutely, I agree. It has been very fascinating.

I apologize. So we've had some difficulty, I guess, on your end. It's kind of breaking up a little bit, but I think we covered the gist of it. And I absolutely agree. I think you're spot on with the analysis of this. And thank you for joining us again. The blog is capitalisteric.wordpress.com. You can also see some of his articles at jacklawson'scivildefensemanual.com. Thank you so much for joining us, Eric. It's been great talking to you. Thank you, sir. Thank you. Thank you. All right, we're going to take a quick break, folks, and we'll be right back.

And I want to talk a little bit about free speech and about artificial intelligence and how these things come together with our election. Stay with us. We'll be right back. The common man. They created common core to dumb down our children. They created common past to track and control us. Their commons project to make sure the commoners own nothing. And the communist future.

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