The David Knight Show - INTERVIEW Texas' Digital Gold: the Good & the Bad

Episode Date: May 11, 2023

Tony Arterburn, WiseWolf.gold. Texas gold-backed digital currency — good or bad? Argentina, struggling with debt slavery to IMF and hyperinflation looks to China. China offers an olive branch to developing countries with their Belt & Road Initiative and BRICS to establish their controlFind 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-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/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

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sells gold, silver. You can also get Bitcoin, I think still maybe from Tony, you let us know about that. A great place. I've always known Tony for a very long time. He's a supporter of this program. He's even set up David Knight dot goal so that you know that, uh, we sent you to him. Uh, but, um, uh, I always like to get Tony on and talk about what is happening with these Ponzi schemes. And of course, uh, you told me as we were connecting that you're now in Texas

right now, and a lot of things are happening in Texas. What do you think of this, uh, Texas move to try to establish a gold backed digital currency in Texas? Well, again, always great to see you, David. Yeah. I'm coming to you live from Denison, Texas, our wise Wolfville and silver Denison. And then in the background, you can see both the Buffalo. That's a, this is my mom's antique mall.

And I've got my little office here at the front of the antique mall. Um, yeah, the Buffalo is great. It's really, it's, it's a, we had a David Knight listener show up yesterday to, to meet with me on, uh, turning in some of their gold and maybe restructuring some stuff to buy some land. And, uh, they got to see the buffalo so um oh yeah it's it's always a it's always a good uh accent piece to put up in the office here but yeah you know this this deal in texas i have mixed emotions on it's kind of like you um i think it's great to have uh states uh introducing their own currencies uh for competition

because decentralization is important right now as we go in to watch the dollar, the de-dollarization of civilization unravel. And I think it's going to be more important for us to have alternative currencies. But I'm with you on the digitized part, the blockchain part. I don't really, when a state runs runs something when it's something run by a government that is connected to the blockchain I get nervous yeah you know they also talked about and you also have to watch a little bit is the state trying to get into the business of being a gold and silver broker do they want to be the end-all be-all uh it's kind of like when people say does the dollar uh need to be pegged to gold

again um you know i i i don't think so because we already have a gold standard um the dollar's kind of irrelevant at this point i mean the the gold and silver standard are worldwide we talked about this last week i say this every week on my show uh we have a bitcoin standard we have other uh decentralized currencies i don't we don't need governments for currency because we already have decentralized uh public monies and again money and currency are two different things so i did i'm going to be agnostic for right now for the uh the texas-based uh gold currency because i don't know if they're trying to get in between the public and gold and silver with this. That is a good question, because really, you want dealers, you want people, you want competition in the marketplace.

If you go back to when Franklin Roosevelt made it illegal for you to own gold with an executive order, which is, by the way, unconstitutional, but he did it anyway. And, you know, a large portion of the United States turned their gold in. But I happen to have proof that a big portion of them did not, because pretty much every week I'm buying pre-1933 gold coins that people did not turn in. I own many of them, and I have some of them here behind me in the shelf for display and for sale. So a lot of people didn't do that. And so, you know, we weren't able to own gold until 1974. It was Gerald Ford who overturned that executive order by Franklin Roosevelt. So, you know, kudos to Gerald Ford making it legal. So when he did that,

you know, Nixon had taken us off the gold standard in 71. At that point, it's just, you know, I don't need the dollar. If you're not going to peg it to gold, and when they did, again, the whole point I was trying to make, when they pegged it to gold after Breton, well, you couldn't even own gold. Yeah, that's right. So I would rather have the gold, and you can have your fiat currency and do what you need to do and maybe i i convert my money into whatever i have to do to pay your bills if i have to uh but i but i don't think that the two shouldn't should merge i think it's skeptical of that i think it's a much better approach of what you've talked about in the past how utah and other some other states have created uh gold a paper gold

that's you know not the uh the the thing that you buy in the stock market, but like a note that's got a trace physical amount of gold on it. That's something that you physically hold. It's anonymous. The government is not tracking you. I'm very leery anymore of anything that becomes digitized. So I guess maybe we could call that whole Texas scheme. We could call that smart gold.

And anytime they talk about something that's smart, whether it's a smart car or a smart city, you know, they got the smart guns. Maybe this would be smart gold and maybe their smart gold might be just like a smart gun. It may not work when you want to fire it. It's true that I've, I've seen some in real, in real life. I've seen some of those smart bombs, David. They weren't so smart. Really, really evil things. And, you know, maybe it could be 15 minute gold because you have it for 15 minutes. And I just don't trust any government. I like it when they decentralize things. I like when they deregulate, you know, make Bitcoin legal, make Bitcoin legal tender, make gold and silver legal tender.

But when you start getting into the realm of currency, I really don't need you, the government, for that. And I'm skeptical when they do it. Well, let's talk about this because, you know, even when they get into the realm of currency and they try to print coins, and of course the Constitution says they will issue gold and silver coins, but they don't do that. And so, um, the U S mint lost $171 million. Minting coins like pennies and nickels and dimes and stuff like that, because of rising raw material costs. They said it costs now two and a half cents to make a penny and 10 cents to

make a nickel, even though they're using junk metal in it, they still do have complete base metal. Yeah. They lost $171 million dollars and so the response is well maybe we need to get rid of pennies i think you need to get rid of the mint i think that's the real issue i think you need to get rid of the federal government as you're pointing out you know we can we can have silver and gold that's what it's supposed

to be in terms of money uh you know even the dimes are they're losing money on it because the dimes don't have any silver in them they wouldn't be losing money if it had silver in it they'd be able to mint it and and so forth but you know if they're going to put junk metal in there then the you know they can't do it and have it be worth anything well a little tip for your listeners any penny made before 1982 is copper hold on to that it's worth it's worth a lot more than two cents. So you should keep that penny. And this goes back to when they took the silver out of our dimes, quarters, half dollars and dollars in 1965, just completely debasing that currency. And as we continue to devalue the dollar by endless printing for the welfare warfare state uh driving it into inflation

those coins get uh worth less and less yeah uh you know they had been an argument you know during covid was uh you know well the change is dirty and the currency's dirty i don't know if they're just you know throwing out these headlines and things like oh it costs so much to do this because now it may be more fiscally responsible for us not to make the change. You know, that's something again, that's y'all. That's the fault of the government. You guys did that. You debased the currency, but don't punish us. We need cash. I like coins. I think I think it's it's it's important for us to have the freedom to be able to pay in, you know, with physical currency. And that's something I'm going to fight for.

Even though I don't like the currency of the day, I don't like Luciferian bankster notes. I don't like the dollar. But I do think that it's necessary for us for freedom to exist. You have to have the ability to have currency in your hand. That's right. Well, that's the whole point is to get rid. We just got to get rid of the cash, right?

That's the whole point in to get rid. We just got to get rid of the cash, right? That's the whole point in that, that article real clear wire. Maybe we should just reconsider the fact that we should have cash and just take all this stuff away. No, again, the problem is not the coins. The problem is the federal reserve system. Problem is the mint. The problem is the corrupted money that doesn't have any real intrinsic value in it, but they will always, um, use whatever problem they have created. They will use that to, uh, for control of us and to create more problems.

Won't they? Uh, so that, that's where they're going to go on this. And, um, and we can see that coming from a mile away. And of course, uh, when it comes to the crypto stuff and the digital stuff, uh, you know, we look at the, um, it just like the discussion we're having with E-Verify, right? Some people say, well, what's the difference between E-Verify and I-9? Well, the difference is biometric surveillance and tracking and the digitized aspect of it and the power that comes with that digitized aspect.

You know, the I-9 is a form that employers would fill out and send in and it could theoretically be used against them if they wanted to audit somebody and come in and take a look at whether the people really were who they were. But the digitized thing gives them full control, full visibility. It gives them a national, perhaps global ID and creates a biometric database. And it also gives them preemptive control over everything that we do. And so that's really the issue with the digital side of it.

Oh, absolutely. You're talking about E-Verify, and that's a poison pill. Yeah. That's something we have to reject that. We're always getting into the business of doing the government's job for them under the guise of this is all for the good, and it's to protect us, and we can't do anything about the border. We don't have a military. We don't have authority to do that. That's their that's their only job. And they fail at it. They blame, you know, they put everything back on us.

It's kind of like after 9-11, which, you know, inside job and 9-11, they said, oh, we were just completely taken by surprise. You know, the FBI didn't talk to the CIA. So let's see, let's create a third bureaucracy. And while we're at it, we're going to punish you. We're going to punish you, the American people. We're going to take away your Fourth Amendment rights. We're going to surveil you. We're going to be able to detain you indefinitely. We're going to punish you for things that we failed to doing. I mean, that's really what they're saying. And I remember listening years ago, Neil Bortz is a libertarian talk radio host. When I was a soldier at Fort Bragg, he had a great point. He says, oh, so we were able to beat the Nazis and the Japanese in World War II without

a Patriot Act, but we can't find these people in a cave without taking away your bill of rights. And that was a great point. And of course, it was not for that. Every time they create the problem they themselves have caused and they throw it back on us to take away our liberties. And that's what he verified central bank, digital currency, all any kind of centralization is why when the state comes out with something, uh, whether it's anything, it's a currency, it's a, it's a, it's an ID system. I want to reject it.

That's my, my first reflex want to reject it. That's my first reflex is to reject it. Yeah, you know, they've come up because they want to have central control and because they want to have the only control of all of our money. They're very concerned about crypto. And so they've come up with this 30% tax now. They even call it a digital asset mining energy tax, a dame. There's nothing like a dame, is there? And so it's a dame thing. It's going to be a 30% tax, but it's going to be a tax that you have to, anybody that

would mine cryptocurrency would have to tell them that, you know, how much energy they're using and what form of energy it is. And they would be taxed on that. And even if they produce their own energy, they would still charge them a tax on it. I mean, it's clearly a means of shutting down any competition to their digital coin, I think is what we're seeing here. Oh, absolutely. And, you know, there was a, I read a great book called Beef and Bitcoin,

just about comparing the beef industry and Bitcoin. It was a really interesting take. And they talked about the usage of Bitcoin, the network. How much energy does it take to run the network? And this author actually just did the math and took the banking sector, just what you see out in the open and all the ATMs, all the branches, and said, let's just do a rough estimate of the power it takes to just run what you can see of the financial system. And it dwarfs Bitcoin by factors of 100. It's massive. It just drowns it out. So you talk about the NSA's surveillance system, the underground deal in Utah and all the other servers that they run, the military industrial complex.

This is all a ruse. But I think it'll be a lot like Prohibition, where they make something so much more valuable by attacking it, because they're pretty bad at what they do. I mean, it's like, were we winning? Did we win the war on terror? I mean, we made the terrorists. I don't really know. I mean, it's kind of like Gore Vidal said it would be like a war on dandruff, you know, cause he never really win it. But I think that they're making something more ubiquitous by attacking it.

I think there are other, other countries will take advantage of what the United States is trying to do, going after Bitcoin, doing this controlled demolition of the banking system, trying to piggyback the CBDC off of, what, four or five different banks, David? I don't know exactly how they're doing it, but they're definitely putting pressure on regional banks. They don't want competition. So I see this. I see what's happening. And I think, well, at one hand, you i do i they're gonna pass more regulation against bitcoin i think we can accept that um but can they destroy it it's an open question because a lot of

these a lot of other uh entrepreneurs uh networks they'll move away you know they'll go they'll go somewhere that where they're welcome and i love i mean honestly you know i i like what's going on with uh the competition of currencies i don't like what's going on with uh the competition of currencies i don't like what's going to happen to my fellow americans i care about people i care about this country and it's going to hurt us economically but from a moral standpoint from a liberty standpoint it might be good for us yeah to go ahead and get get our comeuppance and and and lose that reserve status and and go ahead and have that introspective moment to where we say, what's the best way to get back on our feet? I mean,

we're going to start making things again? Are we going to have sound fiscal policy again? Are we going to have liberty again? Maybe that throws off the yoke of this imperialist regime. I don't know. I try to be as hopeful as i can in the face in the face of the apocalypse that seems to be unfolding faster and faster every day i mean wasn't it it was something lennon said about there's decades where nothing happens and there's weeks where decades happen that's right and we're definitely in that phase i mean i can't it's just the amazing the amazing amount of stuff that's rolling out every single day. Um, you know, you and I were talking off air about,

uh, what's happening. Ron, Ron Paul put out that article on, uh, he thinks that the U S is trying to drag NATO into the Taiwan conflict. I mean, I didn't see that coming a couple of years ago.

I think this is, this is insane. Look at how much money the Biden administration is giving to Taiwan, you know, another week, another couple of billion dollars. And so they're pumping money and weapons into Taiwan in the same way they're doing it into Ukraine. And so it's pretty clear. I actually agree with Ron Paul on that.

Just take a look at the money. Just follow the money and the weapons, and you see what they're doing in terms of building it up. Yeah, it is disturbing to see it. And when Biden talks about how he wants to reset our society, he's very excited about these sanctions that he's got. He says it's going to be very painful, but it's going to get us to where we want to go. Well, where do we want to go? We want to go to their gangrene society where everything is public-private partnerships,

crony capitalism, and all the rest of this stuff and nothing for us. They've shut us down. And he says, it's going to be painful, but we're going to get to the kind of society we want to have. Well, they're going to make it painful for us one way. The others you're talking about this, uh, Tony, in terms of the, the collapse of the dollar is reserve status, which is rolling out every week. We see more nations, uh, abandoning the dollar and trying alternatives. But it is going to be a very painful process for us to go through,

but we have to understand that their alternative is going to be painful, and we have to understand that it gives us an opportunity to take some of the power and the control back from these people, even though we would go through something like that. So that's something we need to keep in front of our mind, and that is that it's going to be difficult, either path that we take, but there's one of the paths that has a good outcome, and that's the one that we should be trying to focus on. Well, I agree with you wholeheartedly, and it looks like they're running out of time.

The regime is running out of time to save their system something interesting happened a few weeks ago and i don't know if i've mentioned it on your show president macron of france he made a visit to china told xi jinping hey we're you know we're not really with the u.s on this whole taiwan thing which i thought was a massive blow and fracturing to nato so as you see the dollar slipping as the world's reserve currency as you see the united i mean we must be viewed around the world with uh horror and like people like oh my goodness like a schizophrenic uh banana republic with nuclear weapons don't even know who they are you know we're trying to you know plant our

rainbow flag everywhere you know uh drive trillions into debt so i don't think we're viewed with any sort of respect anymore just mostly like a flailing psychopath and i think they want to get out of the way uh so you see that that fracturing that could be great for us i mean we we lose we can't take nato to war uh that would be great just you know try to broker a piece in ukraine we just we see those those alliances we talked you and i talked about south korea uh and they're they're switching of the you know for currencies looking at bricks uh you know brazil did the same thing and switching over from the from the dollar to the yuan saudi arabia who's long been uh considered our ally i mean that was the only people that could fly after 9 11 you know Bush was holding hands with the prince walking around and the Bush family loves them.

The House of Sod, they're applying for BRICS. The whole thing is crumbling and which is which is dangerous territory. Yeah, because they have to be running these simulations, seeing what the outcome is going to be if they lose and fracture the alliances and lose reserve currency status so it's you know you have to polarize uh you'd have to just to get a hot war going uh so i this is dangerous time but there is opportunity uh you know we saw the the way that the the soviet union collapsed and it was quick you know and you you probably i mean you have to remember this gorbachev going on christmas day calling it quits. I hope it's peaceful like that. Again, not an end to an America, but an end to the American empire, which is which is really what's bled us drive our liberty, our treasury, our morality. You know, this is something, you know, even Socrates talked about, you know, you have a perpetual war in war.

You lose your culture in it. It dies with it and we've just been we've been a constant war uh whether you know whether we started it or somebody attacked us but usually it's a false flag right so it's all based on false pretenses in the first place so it's uh immoral dragging us down fiscally financially morally um and of course the dollar is the lifeblood of that and we talk about the biggest Ponzi scheme of all. Yeah, it is perpetual constant war. And when you look at what is happening with the petrodollar, one of the reasons that's coming apart, it's not just Saudi Arabia, of course, but China is going around and brokering peace between competing Arab oil producing countries like Iran and Saudi Arabia and so forth. So they're putting together a coalition by

brokering peace how do we control everybody well we control everybody by starting a war uh we start a war and then we arm people and we get everybody fighting with each other and i think that's going to be the approach that our government is going to take here i don't think it'll be a peaceful change i i hope that it is but i don't think so most of the fourth turnings have are you know massive economic unrest usually accompanied by a horrific war you know the previous ones we had a great depression world war ii prior to that the civil war prior to that the revolutionary war and they go back 500 years talking about that i think that it'll be violent because if you look at the way the u.s empire operates it always operates through war and conflict and division and chaos.

And so I think that's what's going to be happening. But, you know, last week when we talked, as you pointed out, we talked about South Korea, big ally, big dependent in a sense of the U.S. saying, well, we're going to move away from the dollar. This week we've got Argentina saying the same thing. Now, Argentina could have a big economy, but they've got tremendously corrupt politicians, and they have worked their country into debt, into inflation. But now they are applying for membership into BRICS. They are starting to trade with yuan, the Chinese yuan. So the stuff that they buy back and forth with China, they're using the Chinese currency instead of the two countries had been making their exchanges in dollars. As they point out in this article from RT that they had

the amazing inflation that has happened there. And that's the thing that's on all of our minds as consumers, Tony. They said that in 2014, the official rate was eight pesos for a dollar and the unofficial rate was 13. They said 12 to 14 today that has jumped up to the point where it is 222 pesos for the U S dollar in the official thing. And the black market rate is 500. I mean, this thing has gone up like, you know, 38 fold in just nine years. That's the kind of inflation that they're looking at. So just imagine, you know, a car that is going to be 38 times the price it is today or a home that's going to be third or your food. That's going to be 38 times the price that, you know, in another 10 years.

And there's also that spread, that big spread that's there. Jim Rogers, you know, would always talk about how when he'd travel, he said you kind of tell the corruption of a country by the spread between the official exchange rate and the black market exchange rate. So that tells us that Argentina is really corrupt. However, it's part of a trend that we're seeing every week. There's another country or another few countries

that are abandoning the dollar and they're running to China. That's what we're seeing everywhere. Yeah. And you talk about the difference between the United States and China. And again, I'm no fan of China. I know what's behind there. I know what's behind their regime. I know that evil.

And but they did something really smart with the Belt and Road Initiative. They're going into these countries and saying, hey, let us help you build some infrastructure. We'll give you a nice loan and we'll come in and we'll help build things up. No regime change. We're not going to. And then that's what we do. We come in. We're like, here, here's your here's your CIA installed leader. And here's the dollar and a Coca-Cola. Hope you enjoy it. You know, we don't really. And if you don't like that, we'll we'll bomb you. That's not what China did. They did a different approach and they're gaining power and momentum and you see you know it's kind of like

alexander the great uh what do we go in and conquer and he said well you can just you know we have a silver standard you can join there you can have a set of freedoms that we put over whatever you want to call that in the ancient world but that's what they he put a blanket of protection if you just surrender that's what happens i mean that's that's enticing for a lot of those nations instead of the sword. And we give them the sword. That's what we've done. It may look nice, but that's what the American empire has done. We've gone around the world bullying people. And now with the world's reserve currency status, I mean, this is the biggest story of our time. And it's interlinked with CBDC because of the technology, because of the control system and the Great Reset and all the things that they want to do with the New World Order. But losing that status is going to be massive historical changes.

I mean, I think this is, you're right, as part of this fourth turning that's culminating in this decade and probably within the next 36 to 60 months really coming to a conclusion. Yeah, yeah. It's going to happen. You know, their 2030 objective, and they're saying, well, a little bit behind schedule. Both Davos and the UN have said we've got to take measures to accelerate this, and we need to understand that this next president who gets elected in 2024 is going to take office in 2025 and go to 2029.

And so that's going to be, you know, this next person that they pick, because we're not going to pick them. This next person that they pick is going to run this thing. And so if we look at what these, you know, if we look at these characters and the people that are associated with them, we get kind of an idea of how they're going to come at us. But of course, everything that is real, they devalue, right? We don't want to have – everything is financialized, right?

And part of the big advantage of the pain that we go through to get rid of the petrodollar would be that we would get back to manufacturing real stuff instead of this totally over-financialized everything. Everything is just manipulated through paper money that they create. And now if you look at CBDC as the ultimate control tool, what does it do? It brings in two things, the paper money control, and it brings in digital. So you bring those two things. That's the only thing they tell us to value. It's the only thing that they value, but it really is their control tool and it unifies within the CBDC. We need to respond to this with real stuff. And as you're pointing out, you know, China's going around the Belt and Road

Initiative. I think really whether China's evil, there's no question about it. I mean, I talked about, you know, I had a guy from Falunong come on and talking about how they're taking organs out of prisoners on order and that type of stuff i mean unbelievable cruelty and and evil in china uh but what they're following is the pattern i think tony of what the imf did after uh vietnam you had um the whiz kid uh went to magnara, went to the IMF and ran that. And everybody accused them of putting people into a debt trap. That's a big part of what Argentina's problem is, the massive amounts of money that they owe to the IMF that was ostensibly

not even setting up infrastructure, but they told them to, you know, create a welfare state and things like that, that they couldn't pay this back. And so that's what is happening. It was a debt trap. And to a large degree, China is doing that as well. They are building infrastructure, but in many cases their infrastructure fails and they still are on the hook to paying for this stuff.

So I think China is laying very peacefully at this point in time, laying this foundation and establishing their power, but they're going to be ruthless once they get that power it's amazing oh absolutely they're building a better mousetrap than the imf did and i know that you brought up that example from magnum era many times and again that was the that's the bait and switch and a debt is always a form of slavery it's always it's always a form of control i mean if you've got somebody in your employee, you've got somebody under your thumb and they owe you, that's, again, that's a big – that's why bankers – we live in a banker's reality with banker's wars and banker's politics. This is really since – you know, the world changed drastically after 1913. I don't think that anybody can argue that.

I mean, right after 1913, I mean, you had that great little documentary. It's a wonderful lie. They got banned from YouTube, but that's exactly, it was a massive lie. And right after that, we got taken into the first big modern cataclysm, which was World War I. You know, these are bankers' wars, and the bankers have driven all this through debt, through control the money supply yeah you know the the uh uh answer rothschild talked about that in the 19th century you know i don't care who sits on the british throne i'm paraphrasing but uh i care not who sits on the british throne the person who controls the british empire is the person who controls the money supply and i control the british money supply that's right

i mean that's a real quote they control the money supply they know that the British money supply. That's right. I mean, that's a real quote. They control the money supply. They know that. So again, you go back and you look at what the IMF did. I think China just modeled that. China is great at modeling. They took our old playbook of economic nationalism. You know, they have massive tariffs like we used to have, and they protected their manufacturing base. And they said, no, we, they push for free trade on others, just like we did, you know, open your markets, but we protect ours. And we, we, of course we dropped our protective tariffs and that's uh i think that was on purpose yeah but anyway this this is this is where we're headed china obviously adopted those two models they're the they're the emerging superpower if you want to call it that but i don't think they'll be

the world's reserve currency i think it's going to be a bunch of different things and uh decentralization is where we're headed uh and of course the the fight that we're going to be up against is is cbdc yeah and i think that's why you're going to have the fractioning of this because it's going to drive people underground uh but you know when you look at you mentioned 1913 you know the creation of the federal reserve the creation of the income tax reversing the way that the u.s had grown you know thomas jefferson said we don't have any internal taxes after his first administration when he begins his second administration, his inaugural address. We don't have any internal taxes.

So they changed all that around. They told everybody that, you know, they had to tax us, but then they also told us that the deficits don't matter. They have to tax us because they don't want us to be able to accumulate wealth. That's why they tax us when they give us the Keynesian economics and the modern monetary theory where they say debts don't matter. But it does matter because the taxes are simply there as a measure of economic control and constriction on us to saw off the rungs of the economic ladder. A good example of this, I think, Tony this um this last week you had the chief economist for the bank of england so the british households and businesses need to accept that they are poor

and they need to stop asking for wage increases because they're pushing prices higher we heard the same thing a couple of days later from jerome powell he said we gotta slow down these wage increases have have uh all of you listening, have you noticed that you've been getting extravagant wages? Is that the problem, or is it the price of everything is going up and your wages are not going up? I mean, that's the reality that we all face, and yet they put that reality out there. That's really only true of CEO compensation. CEO compensation went up a tremendous amount over the last year, but the working people are not getting anything other than higher food bills. Have you ever seen the graph of U.S. wages?

And, of course, you take U.S. median wages in 1970s, and you look at the CEO wages and how they spike massively after NAFTA. I mean, not the wages of Americans. They actually go down or they're flat. And then the wages of CEOs after we did these international trade agreements just goes off the chart. And you think of the mental gymnastics you have to do, David, to say, well, let's see what's driving inflation. Oh, it's all these people that need all this more money from their wages. I mean, who? And I guess the financial networks gobble this up oh that's true we got to slow down it's a really hot economy we got to tamp it down that's what's

causing inflation not massive unprecedented money printing that's right you know that's never been done before like we've no one's ever done this no one's ever said oh you know um let's create 80 of all these currency units you know that we that have ever been created and let's see what happens you know and then they go ever been created and let's see what happens you know and then they go wow we got some it's kind of i think this i think this uh is transitory i think this uh inflation that was we've wrecked the dollar but it's transitory and i and i remember just thinking this is this is something if you just look at the sheer numbers that we've never done before so it's hard to it's hard to gauge on history because no one's ever done it.

You know, if you look at the chart of debt owned by, you know, debt holdings across the world, when the dollar went away from the gold standard, it is, you can go back 500 years, no spike is like it. And we've just, we've never seen it. So it's unprecedented amount of debt. There's going to have to be a reckoning.

Yeah. And it's not going to be because, it's not going to be because it's not going to be because of people's wages that are you know driving this or people asking for more it's because of the it's because of the expansion of the money supply inflation is to inflate that's right yeah the wages uh the wages of ceos the median wage is 22.3 million dollars for u.s ceos and it rose 7.7 percent last year meanwhile a great job yeah meanwhile the workers pay is is dropping especially compared to inflation and jerome powell and the bank of england are saying we're the problem it's laughable isn't it it's absolutely

it's absolutely i mean of course in an age of esg yeah you know it's not about profit anymore yeah and this isn't your grandfather's stock market folks these are they're not looking for profit yeah there really aren't i mean these are the companies they're they're not even being competitive anymore it's how much influence do we have connected to the central bank that's a bad strategy yeah you know you're talking because the central bank there's going to be a reckoning of that as well. And all this thing's happening right now, these multinational corporations, I think they bet on the wrong horse. Instead of betting on the consumer and betting on their products, they're betting on environmental social governance.

And it's shining through. And the CEO is getting a bump for that. Well, unsustainable. And they got a big bump. In 2021, their pay increase wasn't 7.7%. Their pay increase was 31%. Did all the rest of you get a 31% pay increase in 2021? That's what's driving inflation.

Yeah, exactly. Exactly. But, you know, there is, before we talk about what's going on with Wise Wolf specifically, I got an interesting thing in the email last night from Zelle, because we do business with Zelle in the sense that people can send us, if your bank supports it, and some of the biggest banks do, it is something that really is put together by the big banks that are also going to be doing the FedNow thing. And I think there's a connection between this, because I got, there's no fee to transfer money on Zelle,

and it happens instantly, which is, what was it, cash? Forget the cash. I think it was the guy at the Fed who said, but I can do all that now. We've got a lot of different ways that we can send money digitally. We don't need to have the Federal Reserve set up its own system, which they're calling FedNow, which is phase one of the CBDC that's rolling out, I think, in July. But anyway, they just came out with Zelle and they said, we've got some new limitations

on the amount of money that can be sent in one week. Now, it's not anything that's going to affect us. It's like $5,000 a week. We should be so fortunate to get $5,000 a week through Zelle. But the thing is that Zelle is starting to put that on. Now, if they're going to put limits on, then what they can do is they can start ramping that down and they can start offering FedNow without any limits. And because Zelle is being run by some of these biggest banks that are going to be the movers and shakers behind FedNow.

Basically, I smell a rat when I see something like that. I mean, it still works. You know, people want to send us Zelle. We've got the information there at the David Knight Show. But still, when I look at that, I thought, hmm, that's kind of suspicious, especially the timing with this first wholesale version of CBDC about to roll out in about a month or so. What do you think? I agree with you on that. I'm very skeptical of any, the Fed now is apocalypse now.

I think I said that on your show. Yeah. Any of the centralization of that and how money flows. I mean, everything is processed through the Fed, especially thing, wires, paper checks,

things like that, all are processed through the Fed as a clearing house. And again, we don't need them. I like the decentralized apps. That was really strange. About a month ago, the founder of Cash App was murdered. I like Cash App. They get a lot of heat. I see who the establishment criticizes, and I go, oh, I like them. So they must be doing something right. Again, not everything's perfect but i think people your audience should be looking at several different ways of how to move uh currency uh you know and cash apps and i have no affiliation

with cash but that's one of the ways um you know we should be open i mean i still use i have paypal connected to wolfpack how long will that last? I don't know. I don't try to do anything political on it, but I'm Tony. I'm pretty sure, you know, I'm not really, there's no degree of separation between myself and Wise Wolf. So eventually that'll, I'm sure it'll be a problem, but right now it's not.

So I think that people ought to have many different ways. You know, don't put all your eggs in one basket on being able to move between apps or uh or programs because they're going to they're piggybacking this into creating a centralized clearinghouse for everything that's what fed now is that's right yeah uh one uh one app to rule us all that's what they're really after and that's what they're doing with speech as well i mean that you know they got this massive constellation of federal agencies and military industrial complex and Pentagon agencies that are involved in tracking

people and pushing back against speech and all that kind of stuff. So now they've just created another supra organization to try to coordinate all of them because it's just too many heads of the Hydra to be able to control. So, uh, that that's what we're going to see. And as,

and you're absolutely right, we've got to have a lot of different, uh, parallel ways to control. So, uh, that that's what we're going to see. And as you, and you're absolutely right. We've got to have a lot of different, uh, parallel ways to work. And now is the time to start to figure out how these things work. Tell us a little bit about what is happening at wise wolf dot gold. Well, as, as I said, the beginning of the, of the interview, I'm here in Denison. Uh, we put up our second location, which is wise wolf, gold and silver Denison, which is on the border of Oklahoma and Texas. And I've got my dog, Beans the Brave.

She travels with me now. I go a week here and a week in Branson. And I did that to set up an alternate supply line. We're actually buying product here from the public, which helps me feed the Wolfpack. Because if you join Wolfpack, it's automatic. I guarantee shipments. I said, well, I've got to make sure I back up my word. So we've been expanding that.

And of course, it's close to the trading floor in Dallas if I need to make a bigger purchase or meet with people. So it's a lot of me traveling now. I think that's going to define gold and silver brokers and dealers in the future. Can you get supply? And I didn't want to get comfortable and say, well, look, I'm doing okay. I can get supply from and uh i just i don't want i didn't want to be get comfortable and say well look i'm doing okay i can get supply from these wholesalers i needed to create my own uh you know

we use several different options to get people gold and silver so it's not just wholesalers but it's i buy from the public and individuals so this has been a good thing we're uh we've got a great shop here it's a good culture It's the longest main street in Texas. You've got to come check it out. Doc Holliday had a dentist office here. I think I said that before. Dwight Eisenhower was born. That's where you get the term flying saucer, too, is a dentist in Texas, 1878.

Yeah, there was a farmer and dentist, and so you saw a flying saucer. That's where you get that nomenclature. You can come down and see. Let's see if I can get Beans on camera. We'll see if we can get. She's been hanging out drove from drove from uh from ransom there's beans yeah uh yeah you come see beans come see us and and uh like i said we had a david knight listener how old is beans uh she's uh six she's about six years old puppy looks like a looks like a puppy. It looks like a young puppy. Yeah, well, she's a Chiweenie. It's a mix between a Chihuahua and a Dachshund.

At least that's what I think she is. We adopted her in San Antonio. She was on the streets for a couple of years. Anyway, now she's not, and she travels with me all over the place, and everybody on my show knows of Beans the Brave. So you've got to come down and see beans. And we had a David Knight listener here yesterday. Somebody that's that I've been working with for, for over a year.

And, and they're going to do something. It looks like they're going to buy some land or something to convert some of their holdings. And I was helping with that, but yeah, any, any David Knight dot gold folks, we can support the show. Happy to sponsor this magnificent program. And you mentioned goldbacks and I'll, I davidknight.gold, folks, we can support the show. Happy to sponsor this magnificent program. And you mentioned Goldbacks, and I'll end with this. You mentioned the Goldbacks from the state. Promised everybody who joined Wolfpack like, what, three interviews ago,

you would get Goldbacks. All of your names have been listed, I promise. I didn't have Kenzie for the last 10 days. Yeah, I wanted to ask you about Kenzie. How was the tragedy in her family, the two-year-old? Was niece i think uh that it was her niece yeah yes sir yeah it was just really hard she had to step in and and she has been you know the the strong one in the family you know she's um she's only 26 uh but that was something that uh the tragedy happened at her at her mother's and um at their their house and so um she just really stepped up

and i'm really proud of her it's just a lot to take take on and you know you lose a child like that and you know it's just a a freak accident uh and it reminds us all to to to hug on our loved ones more you know to to to understand this is all fragile yeah It's a blessing to be able to get up every day and just have a family that you can care for. And it really brings home the point. You know, we talk about money. We talk about gold and silver, all that stuff. No amount of anything can assuage that sort of grief.

So that really drives home what's important. Yes, it really does. It really was tragic story. And I'm so sorry to hear that people keep Kinsey and the family, um, that, um, it was her, was it sister or brother, uh, sister's daughter, sister's daughter, uh, keep them in your prayers. They really could use your prayers. It was such a tragic thing to have a, uh, you know, at two years old, everybody used to say the terrible twos, but, um, our kids, when they were two years old, uh, they were really amazing. You know,

we, we didn't institutionalize them or anything. And, and at two years old, they started to develop their own personality and interact with us. And so that just makes it all the more tragic. It's, it's really, it's a tragedy. Well, uh, don't want to end on a real, uh, negative note, but we, you know, do, uh, keep them in your prayers and they do. Well, uh, don't want to end on a real, uh, negative note, but we, you know, do, uh, keep them in your prayers and they do have a,

um, uh, a go fund me. I think is it that, um, yes, sir. Yeah.

You can go to, uh, fringe underscore news or Twitter. I think that's still pinned up there. Uh, if you'd like to, to donate, help the family.

I just said that that kind of shock to have to pay the medical bills and then also have to bury your child and pay for those expenses while you're trying to figure out. I mean, I know they want to, they want to move away from the house, which is going to be another, I can't get out of there because of the, you know, the, uh, the incident happened, happened there. So, uh, yeah, if you can, that would, that would be wonderful. And she's gotten a big outpour of support. Um. So we appreciate everybody that's done that. That's good. Well, it's good to hear from you.

And as you pointed out, you know, we, we talk about what is happening with politics. We talk about what is happening with money. But that is the bigger perspective. And every day that goes by, we should treasure that time that we have.

It's tomorrow was not promised. Today's not promised to any of us. We, any of us could die before the end of the day. So we need to keep our relationships tight and close with people and with God. Thank you so much, Tony, for coming on. I really do appreciate how you support the program. Thank you.

Appreciate it. Thank you, David. Thank you, David. 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. They see the common man as simple, unsophisticated, ordinary. But each of us has worth and dignity created in the image of God.

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