The David Knight Show - Tariffs, BRICS & BlackRock’s War on You

Episode Date: August 14, 2025

Tony Arterburn warns that America’s economic decline is no accident—it’s the prelude to a digital currency trap. BlackRock pushing stablecoins as a backdoor CBDC, he exposes the race for commodi...ties and the rigged system keeping Americans in perpetual debt. The dollar won’t vanish overnight—it will be converted into a programmable tool of control.Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHTFind out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Transcript
Discussion (0)
Starting point is 00:00:00 Coming me now is Tony Arterburn of Wise Wolf Gold. And you go to David Knight.org, if you'd like to start accumulating some gold and silver or gold or silver, you can do both or one or the other. Tony has many different options available. Thank you for joining us today, Tony. That's great to be back. Good to see you, Drew. It's always a pleasure, and I want to let the audience know that Tony will be hosting the show tomorrow. we are going to start our reconstruction, first our destruction, then reconstruction of the studio. So Tony has graciously volunteered to take over the show so that we can have an extra day to work on that.
Starting point is 00:00:41 Really do appreciate that otherwise. This would be, it's already going to be a monumental task, but hopefully the extra day will buy us the time we need. But yes, you can look forward to Tony Arterburn, hosting the David Knight Show tomorrow. So tune in for that. I want to, what's foremost on your mind to start, Tony, what would you like to start with, get your assessment? Just the research lately on the, we talked off air about the increase in the money supply. And you see that President Trump really pushing right now, even with threatening a lawsuit against Jerome Powell, unprecedented waters. I think that's also a big tell on how the system works that the president of the United States is like threatening a lawsuit against the Federal Reserve Chair and not just. place them because it doesn't have the power to do that i mean technically i think i think the
Starting point is 00:01:32 the push to increase the money supply to create a weaker dollar of for the illusion really of economic strength and that's that's what they want that sugar high of you know liquidity and currency being pumped into the system which does create a temporary boon but then we have the same problems that we always have we have inflation runaway inflation you have economic downturns, you have bubbles, you have decline in prosperity and all that stuff that comes with a bust after a boom. So I'm looking at the big picture still.
Starting point is 00:02:09 I mean, that's my wheelhouse and where I go to and you look at the response from India, Travis. You look at what they're doing right now because of the tariffs that were placed on them and even the threat of other economic sanctions with their ties to China. They're moving closer to China. So Bricks is it's like almost a self-fulfilling prophecy.
Starting point is 00:02:32 We've done nothing to invite the world to do business with us. We've done nothing. We're actually pushing people away. This is the most isolationist policy I've ever seen. And by the way, I mean, I've talked about this many times with your dad and you. I'm an economic nationalist. I want tariffs. I love that.
Starting point is 00:02:52 But we're not playing that game. We're playing something totally. totally different. And I'd just like to be clear. For the record, I might even have to abandon what I used to believe about economic nationalism and policy because it's clearly this is some Fun House mirror version of that. So you have these threats of tariffs. And Rick slowly, actually not slowly, that's probably an incorrect description. Ricks is rowing and they're solidifying their economic. ties. You're talking about what's the population of India and China together? What is that? Almost half of humanity
Starting point is 00:03:34 getting together. You add up the other BRICS nations into that and the de-dollarization and the payment systems that they're creating and it just spells disaster for U.S. economic policy. We're doing nothing to stop that and everything to
Starting point is 00:03:51 increase, I think, the the search for things like commodities, rare with minerals, gold, and finite items, commodities. Yeah, I've said it before, but the time of America being able to just swagger into the room and say, this is how it's going to be, this is how we're doing things, you're going to do what we say or else, are done. There's other world powers out there that have economies of scale that can be interacted with. They don't no longer have to bow and scrape before America. They can interact with each other and not have to worry about dealing with our belligerent foreign policy. It's like, all right, well, if you're going to play that game, we'll simply choose not to play.
Starting point is 00:04:37 And Donald Trump doesn't seem to realize that. If he was the president, say, 50, 60 years ago, or maybe a little bit longer, when America was at the height of its economic power, he could probably get away with this kind of thing. People would go like, all right, yeah, it sucks, but what are you going to do? do it's America but those days are gone and as you said bricks is you know they're growing stronger they're solidifying their relationships and as you pointed out we're simply driving them further and further away got a comment here from kwd 68 says silver and gold both are up about two and half times in last 10 years people talk about silver underperforming but it has gained it's a hedge and something to hold and of course I know you're big on silver and I
Starting point is 00:05:23 I like silver as well when I have extra cash, if I ever do. I need to start accumulating more of it. But it's just, it's a good store and it hasn't run away like gold has. Gold is definitely one of those things where it's hard to accumulate for the average person. You, of course, offer the, you know, very small grams and things of it. But even that, I assume is, you know, getting more expensive and probably harder to source. oh absolutely the combi bars you know the 100 grand bars that come in a package and we're able to break that off and save people a little bit of premium those are harder and harder to source and it is interesting you know that the fractional gold is being swallowed up right now and you know silver as you mentioned earlier that for the average person just getting a little bit of silver is pretty easy you know you can still do that the price and i think this is a blessing in disguise a lot of people get frustrated with the price of silver because it never did this, you know, parabolic, take, you know, up and to the right, price go up forever, number go up. It hasn't done that.
Starting point is 00:06:34 And I think that's, for accumulation reasons, that's a lot of the big banks, you know, J.P. Morgan, obviously, the largest holder, physical hold of silver in the world, private, they've, you know, been convicted of suppressing the price. They like to accumulate. They suppress the price. They hold it. But I think that game has changed, Travis, with silver. And you can see that with Russia, adding it as a strategic reserve asset. I think that is probably one of the most important stories on silver in the last 50 years. I think that it will be a bigger story than the Hunt family in the 1970s.
Starting point is 00:07:12 I think just that Russia leading the way. And again, Russia's relation to bricks, the entire story. chess bore economically, if I look at it, it's a race for rare of minerals, it's a race for commodities. The era of Fiat and we're about tomorrow is, hey, it's fortuitous because I get to host on
Starting point is 00:07:34 the anniversary of Nixon taking us off the gold standard in 1971. August 15th. Since that time, August 15th, 1971, we've been in a real-time experiment and that experiment's coming to a close. It doesn't mean that they won't use Fiat necessarily, but
Starting point is 00:07:49 it's going to go to a digitized tokenized system as we were seeing through the Genius Act and stable coins and the things like that. But as far as just the standard, you know, Keynesian model of increased the money supply, you know, and inflate the bubble, we just hit 37 trillion dollars in debt yesterday as a matter of fact. I mean, it was a, that's a milestone. That doesn't even count the unfunded liability. So the United States is bankrupt from paper. It's bankrupt. It's bankrupt. Foreign policy as a bankrupt economic policy, and we know that.
Starting point is 00:08:25 I mean, anybody, they don't talk about it anymore because you can't do anything about it. I mean, there was a time, perhaps, you know, a quaint time in the mid-90s when you could see that, oh, we have a resolution, and there's a contract for America and all this stuff,
Starting point is 00:08:41 and then you got the debt clock stops and there's a surplus. Remember that? They actually had this thing, they had a surplus. It sounds silly now. But the debt was around 4.20. trillion, you know, three and a half, four trillion at that time. And then now it's 37 trillion. So, you know, the wheels are off on that one. There's, there's a lot of change on the horizon. And if you see, you know, like the central banks, they're not going and buying up stocks and
Starting point is 00:09:08 accumulating other currencies. As we've seen with the supplanting of the euro, you know, the euro used to be the dollar and then the euro as far as what was held by central banks and reserve assets now it's the dollar and then gold okay so it's because the dollar is easy to trade it's still that you know it's a somewhat stable currency system but that's being replaced and we're accelerating the policies of this country are accelerating that so i think the big story here is the race towards commodities uh the abandoning of the fiat system post 197 and The Great Reset, which is, they tell you they're going to do it, and we're right in the middle of it. Yeah, earlier in the show, we were talking about some articles saying,
Starting point is 00:09:57 yo, older Americans are deciding that buying a home just, you know, simply doesn't fit their budget anymore. They're deciding they think they'd rather rent. Just like, yeah, I wonder why that is. Could it be because they've been priced out of it? Could it be because inflation has gone through the roof and the cost of everything has, you know, doubled or tripled over the years? Now, they're painting it as, oh, they just decided. you'll own nothing and you'll be happy but people aren't happy yet i haven't worked that part out yet they're working towards the own nothing they seem to be really good at that it's the happiness
Starting point is 00:10:27 thing they're struggling with well that you saw that you know black rock especially after covid 1984 and the big liquidity push that came in after that and you know everybody was locked down you're not essential and um they came in and started buying giant swaths of houses they're using all that all those funds that were pumped into the system to buy up the real estate. And, of course, it continued to artificially keep the prices high. So we didn't have a housing correction or natural housing cycles. And the reason that housing prices are the way they are is because of the loss of purchasing power in the dollar. And I think at the end of the day, it is a bubble.
Starting point is 00:11:07 You know, there's only so many houses. There's only so much real estate. And, you know, you place that value. And then every time you create a home loan, Travis, it creates currency. It's not like they're taking it from a reserve. It's like, okay, we've got so much in the deposits, so we're going to lend you this, and then you can buy this house.
Starting point is 00:11:24 That's not how that works, create new currency. So every time it inflates the bubble, we're on that system right now, and that is, I think people are smart right now to be skeptical about getting into the housing market. I've been doing, I have the ability to do a Viala. And I just kind of sit back and, You could do it, but I just don't.
Starting point is 00:11:48 And I'm wondering, I don't know if I see the advantage of getting in. It's like that prices are too high. You know, I don't look at it as an advantage. And, you know, you can argue about whether a home's an asset or not. But that's where a lot of, you know, people have been able to park their energy and their savings into the equity of their home in the past. And we're seeing that system come apart. It becomes easier. article a few weeks ago on my show from Bitcoin magazine. And they were saying the younger people
Starting point is 00:12:23 are just looking at digital assets and digital territory in real estate. And you could say the same thing for, you know, if you can't, if you're not able to get into a house, you got to have somewhere to house and, you know, your savings and other things. So that would be, you know, physical gold and silver would be another way to do that, you know, physical assets. I think that's going to be a big wave of the future when people continue to be priced out of these out of houses and I do think we'll have a correction but even still it's it's going to be I think out of reach for a lot of people on the economic strategy just because of the jobs that aren't there yeah the economy is not the same as it was you know there used to be a time where you could
Starting point is 00:13:05 you could get a factory job and support an entire family on one income working at a factory and those days are generally long gone you basically need a two-person household two people working to support a singular child if you have more than one child it becomes a bit of a stretch we've got epstein island in chat says silver is 38 dollars and three cents today and steveves would like to know what should silver be at if they weren't suppressing things if they weren't holding it down what do you think silver would be at I think that we see a minimum of $100 now. I think the true valuation of silver,
Starting point is 00:13:52 and it is kind of a silly thing to look at too. When you look at the charts of wealth and the so-called wealth in the world, and you have these big blocks of hundreds of trillions, and it's like a $500 trillion economy or something like that with sovereign wealth funds and currencies and stock markets, and then silver has a 1.7. trillion market cap out of hundreds of trillions and you know silver was always considered a monetary medal throughout human history but it's only you know again 1.7 trillion or whatever it is against the hundreds of trillions that are supposedly you know assets in the world i don't buy that um it's a 200 million ounce plus deficit a year on silver so like everything that's demanded uh from the mining and production. They have to take from the above ground supply. It's 200 million plus ounces a year. And that's just only increasing. And I think that so that the true price was, you know, minimum 100. And then if you look at, you know, you just take the gold price and divide it by 16, you know, so whatever that is, whatever that is today, it's like, you know, 30, let's see what the spot price is right now. A spot price that is according to gold price, don't work is 3345.
Starting point is 00:15:12 on gold. So should we do the math, Travis? We do a 16 to 1 ratio and see if we can make that in real time. See if I can pull it in off. Let's see, it's 3340, and we divide that by 16. That puts, if we're going by the metrics by the founding fathers of the United States of America and some of the smartest men ever live to put that economic system together, silver was 16 to 1. So that makes it $208.
Starting point is 00:15:44 Yeah. We actually had KWD 68 in chat said before you even did that, some argue that since Silver's mind at a ratio of about 16 to 1 over gold, that the price should reflect that says there's a lot going on with paper contracts and manipulation, in my opinion. So that makes sense to me. Not only that, it's geologically, Travis is geologically 17, supposedly. This ratio makes no sense, unless you're talking about a systemic manipulation or accumulate.
Starting point is 00:16:19 I think this is one of the reasons if you want to speculate on what happened to the Hunt family in the 1970s. They were able to drive silver to $52.50 an ounce in 1980, which again, that'd be about $208 today, something like that, maybe more. they were punished they were deep stated they were you know their their fortune was was smashed by the oligarchs and the ruling class because they exposed something in my opinion they exposed something that was terribly wrong with the dollar most people didn't understand because we weren't even allowed to own gold
Starting point is 00:17:00 past 1933 that wasn't you know the gold coins had come out of circulation we still had the silver dollars until you know running through the system until about 1965 and people started taking a notice of that and said oh, you know, I'm going to save these
Starting point is 00:17:14 and they went, you know, it's Gresham's law when bad money enters the system and good money goes into hiding. And I think at that time
Starting point is 00:17:21 when we see, you know, the departure from, you know, having any sort of basis of your currency and then Nixon
Starting point is 00:17:30 taking us off the gold standard, people were kind of sleepwalking into that. And then it's inflation kicked in and you had the oil embargoed, goes and all the rest of that.
Starting point is 00:17:39 And by the time, you know, the end of the 1970s, and I'm sure your dad remembers this well. You had, you know, Jimmy Carter and the terms malaise and all this stuff. People were looking around, go, what is wrong? And then silver's hitting a $52, you know, used to be a dollar, you know? It used to be or even actually, you know, an ounce wasn't necessarily a dollar because every bit of pre-1965 U.S. currency, Travis, whether it's 10 dimes, whether it's four quarters or a half dollar or two half dollars and a dollar it all has the same amount of silver
Starting point is 00:18:14 so two half dollars and one dollar same thing ten dimes same amount of silver it's 0.735 ounces so that wasn't even an ounce of silver right well for for a dollar so i think at the end of the day um this is a the historical trend that we're in right now there's a there's a i think a a a a a need for people to understand the economic and monetary system and I think they're waking up to that there's a lot of I mean because of what happened with the runaway inflation post 2020 and the lockdowns and the liquidity injections I think with the emergence of bricks and everything else that goes along with that there is a rise in consciousness on what money is I mean you can find I mean numerous new podcast and things that are going on that weren't around five years to go trappes that talk about things like Bitcoin, gold, and, you know, other monetary issues that weren't there. Just the question of money itself is a much bigger, I think, mainstay in people's minds now. Yeah, there's a general sense of unease about the economy. People have this sense that things just aren't right.
Starting point is 00:19:27 The dollar's not safe like it used to be. We have Shelly A says, the BRICS website 2025 reads like the UN Sustainable Development Goals. the uh the bricks aren't necessarily a group of good guys you know just because they're not playing along with america's bludgery and see doesn't mean they're good guys themselves it's a i don't think there's really any good players on the world stage at that level i think it's a general rule for the record i'm not rooting for brits i mean just uh i'm not rooting for any of these other nations i love my country but i i have to call out what i think is absolutely stupidity. If we wanted to get this nation really booming and having, you know, economic
Starting point is 00:20:14 prosperity, we would have other policies. Yeah. We would be incentivizing. You know, we haven't done that in a long. You can tell the game is rigged because if you really wanted to make the United States lead the world and everything, you just do away with the income tax. Just do away with it. You know, you could just abolish that and then, you know, no corporate income tax, no individual. income tax you could argue that then there's no need for tariffs because people just move here and build here in the in this in this climate geopolitically they you know other massive investment would pour in infrastructure would pour in but we don't do that and that's for a reason and your dad's talked
Starting point is 00:20:56 about this you know you have because you have to have a graduated income tax because Karl Marx said so and that's what you know the World Economic Forum or Davos make sure that you sign on to that and i think there's certain you know treaties and uh you know understandings that we got to have this no matter what we had to have some sort of uh graduated uh income tax to to make sure that people can't uh ever get out of their economic um you know pre-subscribed places yeah we uh have a comment here angry tigers den says tariffs are sanctions on the american people sanctions are an act of war that goes in what you're talking about
Starting point is 00:21:37 just again these countries just like well if you're going to do this uh we're not going to play anymore and like you pointed out um the when they were talking about sanctions at the beginning trump was pulling you know pushing that idea around oh you know and some of his base were saying we're going to he's going to get rid of the income tax he's going to do it he's going to do it completely ignoring the fact that he just said well we'll make some of these tax cuts permanent like well you don't need a permanent tax cut if the entire thing thing is going away now, do you? And you still see people online talking about how Trump is going to dismantle the IRS totally.
Starting point is 00:22:15 And it's just they're incapable of connecting the dots here. Just how gullible are you people? Come on. It's not happening. Those are, yeah, the IRS and income tax system itself was put in place by the wealthiest people that were alive at the time to make sure that no one could compete with them. And that's, I will believe that because of my study and looked into this, I've read extensively on it, I don't, I don't take any other explanation because it's the only one that makes sense to me. Why would, you know, again, and still you look around today and you think if, and it's funny because the left thinks that they're like, well, the richer in control, but we also have this weapon against them.
Starting point is 00:23:04 And I'm like, if they're in control, they wouldn't allow you to have that. All right, they're in control. They're in, if they didn't like it, they wouldn't allow it. You understand. And so it always makes me laughing, going to like, I'm going to tax the rich and whatever. No, you're just taxing yourself and you're making sure that no one could ever compete. It's a rig system with that. I'll take this administration seriously when they start making tax-free zones for, you know, the next hundred years.
Starting point is 00:23:33 You pay no taxes. live in Detroit. You want to rebuild Michigan? You want to turn the economic engine back on? Make that an edict. You know, you want to get, you know, tough and, you know, put an executive order down. Instead of saying you're going to put 100% tariff on a nation that doesn't use the dollar, again, make it a for the next century. You know, you pay no tax whatsoever if you move your business to Detroit. Let's see what, let's see what would happen. Yeah. See, that's that's a simple solution, a good idea right there, which means that no one in Washington will ever consider it at all. Right, no one will ever do that. No one will ever do something.
Starting point is 00:24:14 That's how you know that it's kind of like James Forrestall told Joe McCarthy, you know, if they were stupid, then every once in a while they just err in our favor, but they never do. And that's how you know it's a conspiracy. It always ends up somehow working out good for them and bad for us. I want to get your opinion on this article. It says gold prices could double in five to ten years as investors become skeptical of fiat currencies. And of course, we talked a little bit about this during the break off air. But as you pointed out, gold is it just kind of is the inverse of whatever the dollar does. As the dollar gets weaker, gold gets stronger.
Starting point is 00:24:50 And so I could, I don't see a reason why this couldn't happen. You know, the dollar is collapsing every minute as we speak. And as such, yeah, I definitely could believe that it could drop to half its value. gold could double again well for sure well i mean gold was $35 an ounce in 71 and then you know by the end of 1980 it was $800 an ounce or somewhere in the 1980s uh 800 dollars an ounce and then you fast forward to and it took some some sell off and some other things that happened uh you know throughout the 90s and there was the stock market era and it was the tech boom and all that stuff and so gold took a back seat i remember before i went into
Starting point is 00:25:33 to my third foreign war before i was deployed to iraq i was buying i bought some gold it was about uh three hundred and fifty dollars an ounce so now it's almost thirty five hundred dollars an ounce um i think we have room even though that was you know 20 plus years ago but things move faster now especially when you know there's an accelerating rate of change uh not only because of the historical cycles but uh because of the sheer numbers you know if look at them we mentioned the debt earlier is 37 trillion that's a number that's a number that can never be it'll have to be like there'll have to be a clearing of it like in order to function because you know the debt ceilings continue to rise that the debt will just start
Starting point is 00:26:14 to eat up everything and they have to do a great reset they already told you they were going to do so absolutely fiat has no bottom gold and silver and bitcoin have no top because of that I mean you're talking about two diametrically opposed ideas one is finite and houses energy the other one is a scam that is infinite and we're going to test reality you know basic understanding of how the universe
Starting point is 00:26:43 works if you know something is more ubiquitous and you know again just thrown out there like and created out of nothing does the human beings find that to be valuable other than things like oxygen I mean but we find that valuable
Starting point is 00:26:59 but you know I mean when it comes to everyday life something that is absolutely ubiquitous and everywhere, even like information today. Information is ubiquitous and everywhere. I don't think people value it very much. That is. Unfortunately. They clearly don't because they're not smarter.
Starting point is 00:27:19 That is very true. Everyone has this general sense of, well, you know, if I need to know something, I can just look it up and it stops them from ever really going and researching beforehand. It's just this continual as I need it mentality. It's always going to be there, and as such, I have no reason to seek it out beforehand. I have no reason to want to go out and learn anything and better myself. Just, you know, well, if I need to learn how to, you know, put a new battery in the car, I'll just go Google it at the time. I'll learn how to change my all the time if I feel the need.
Starting point is 00:27:50 There's not this sense of desire to accumulate information or knowledge or figure out things. It's just this, ah, it's available, I don't need it. Who cares? Someone else already has that information, and I can get, that at my fingertips if necessary. And I know that you've talked about things like this. We've got this headline here. Gold is a key strategic investment despite U.S. resilience and Bitcoin's rise.
Starting point is 00:28:11 But you've been pointing out that both gold and silver, people are investing in the hard assets. It's back. And, you know, like you said, the Russia story, how they're stocking up on silver. People are not just crypto's big, but countries are moving more towards these metals. they're putting them back on the books and that should definitely be assigned to people as well.
Starting point is 00:28:36 It's, you know, as personally, I think, you know, the countries generally tend to do what's going to favor the government. And if the government is stacking gold in silver, it says something. Oh, it does.
Starting point is 00:28:51 I mean, that's the central banks are buying gold. The governments are putting gold into their strategic reserve assets and other things like silver. But that's, you know, even commodities, timber, I just saw an article where, you know, certain African countries are, you know, a building like a currency model backed by minerals and other things that are, you know, it could be gold, could be silver, could be diamonds, putting those together to create a stable currency.
Starting point is 00:29:22 Because the era of fiat is, you know, Zimbabwe. It's the trillion dollar note. And the United States is continuing to double. triple, quadruple down on sanctions. The other thing is driving these countries away into the arms of bricks and those systems. You can see with the Belt and Road initiative
Starting point is 00:29:41 and what China's done, playing a very smart, long game looking for rare earth minerals, commodities, in an age of the end of fiat and to something else, which I think that's going to be the order of the day. A lot of the bubbles that are in the stock markets and other things around
Starting point is 00:29:57 the world, there will be a reckoning eventually. Yeah, it's just, well, maybe slightly outside my lifetime, but borderline within my lifetime, we've had both Zimbabwe and Venezuela, and both of them have had just runaway currency collapse. And it's funny to me that more people didn't look at that and go, well, what what makes their economy so different from ours? Why can't that happen here? And the truth is, really nothing. Just the fact that the American government has had more pull, on the global stage that it's more powerful. The Federal Reserve has some slightly smarter people
Starting point is 00:30:36 that are able to manipulate things a little bit better for their own advantages. But the truth is there's nothing that stops a Venezuela or Zimbabwe scenario from playing out, because that is the natural end state of these currencies. And the fact that more people haven't looked at it and gone, huh, has always kind of shocked me. You know, a lot of people just look at money and they go, well, you know, money's weird, you know, it's just these pieces of paper, and they have a general sense that the dollar is this kind of phony system, but they don't go all the way with it. They don't fully think about what that actually implies. And again, just, it's all, ever since, I don't know, whenever I figured out when I was younger, there's always been this
Starting point is 00:31:19 slight anxiety in the back of my mind, just, well, how long until we are Zimbabwe? When does that happen and of course there's no real way to tell because there's so many different people with their fingers on the scales and the system is so immensely complex but eventually with as you said the 30 something trillion dollars in debt and some people even put it as high as 150 trillion dollars you know it has to happen eventually there's no way out of this it's a astronomical number that's impossible to get rid of. Yeah, and I think it's a low probability that we'd be something like Zimbabwe or Venezuela, and that's mainly because of the entrenchment of the dollar around the world.
Starting point is 00:32:02 So I'm not a doomsdayer when it says, oh, there's going to be, you know, Weimar and Republic style, you know, inflation with wheelbarrows full of cash to buy a loan for brand or whatever. I don't see that, but I do see the massive amount of change that has to happen in order for there to be a great reset a lot of people get left behind there will be massive austerity the people are going to get wiped out there's going to be a great swath of people that played by the old rules that are going to
Starting point is 00:32:29 lose and lose big time so I think there will be a class of people to do really well and we've always seen them do well it's why I think I think Black Rock embrace Bitcoin and Larry's thinking those guys I still have a hang a question mark over that
Starting point is 00:32:45 not exactly sure why but I think it has something to do with stable coin Stravis It has something to do with what they want to build digitally with the public-private partnership of stable coins and the dollar and of a backdoor CBDC so they can control, contract, and expand the money supply in real time. I think that's ultimately one of their goals, along with surveillance and other things. But the economic system will change, not necessarily because there will be an absolute collapse of the dollar to zero. It will be a collapse of the dollar to digital. Yeah, that is their goal. As you've pointed out, my dad's pointed out, and we've talked about the tracking ability that comes with stable coins, the ability to shut off your entire bank account
Starting point is 00:33:30 and just completely deprive you of any ability to pay for things. To interact with the economy at all is what they really want. It comes with surveillance. It comes with debanking built in. It's the ultimate tool for them. I know we're just about out of time. You've already stayed 10 minutes over. I've got a few more comments that I'd like to get through if you're up for it. Got it. Fantastic. Dougalug says the gold back is a great idea, easy to collect and easy to use for barter, just like silver. And of course, you have been putting people onto the goldbacks for quite a few years now. I love goldbacks. It gives you, because the gold has gotten so expensive, I can't put it. And we used to be able to almost, we fit a gram of gold. And we fit a gram of
Starting point is 00:34:16 for a limited time back on well first started wolf back into the warrior wolves at 125 i can't do that any um now it's the cost is almost that so yeah we can't do that so goldbacks makes it a lot easier for people to get some actual 24 current you know gold and those are those notes that they use gold gold's very valuable i think you can take i was reading something every day i just try to look up a gold fact but I think you can take an ounce of gold and because gold's so malleable you can you can spin an ounce of gold out about 50 miles with one single thread something like that it's an amazing metal yeah it's a it's an amazing metal with how much elasticity it has and malleability it has a very
Starting point is 00:35:03 very interesting metal is really nothing like it so that's where they're able to make those kind of notes and we put those in the the gold notes the gold backs we put them in the warrior wolves at 125 and the loans. And even in the kids, Wolfcup gets a gold back. And that's another reason you should go to Davidnight.comld and start getting some for yourself. Tunnel Lord 1337 says if we really wanted to revive the economy, we would be removing all the unconstitutional regulations on every aspect of our lives. That would immediately reduce the price of things. Additionally, should allow private banks to make their own fiat so Americans can stop using the dollar that is devalued each year.
Starting point is 00:35:43 it was a you're here when my family and I went to China to adopt my sister when we were in Hong Kong they allowed each bank to issue their own currency so you would you know have just a mishmash collection of random different bills with different you know colorations and fields and people on them and it was very interesting to see and their economy was booming they were doing just fine and DG8 says can you ask Tony about XRP It's been pointed out to me It's the only crypto that is a business partner With the World Economic Forum
Starting point is 00:36:17 I don't own any XRP I've looked into it I'm sure I could have made money off of it Somebody will I own a few different cryptos And that's from like a relic of Five years ago I'm mainly just buy Bitcoin
Starting point is 00:36:36 That's the only crypto that I really believe in at this time And it's not that some others aren't good like them some privacy coins i like but just economically and the way that i run my business i use bitcoin uh xrp will do something i mean they're they're funneling it into the system as a as a clearing currency like between banks and there's some interesting technology there i'm not against other cryptos i don't like i'm not a a total bitcoin maximalist where i think that every other coin is garbage i just know my wheelhouse i stick with that so i'm i'm bitcoin only right now now. But it's certainly, I mean, it's, I've watched the price of it. I, you know, I hold some
Starting point is 00:37:17 for a customer of mine. So I'd look at the, you know, the app every day. So I see the price going. It has fluctuated backup. I think it was over three bucks for XRP the other day, down a little bit today maybe. But yeah, it's something to watch. They're definitely integrating that with the system. Like this, like you talk about the World Action on the forum. They're going to, you know, use other cryptos and Ethereum will be one of those that they use as well. Yeah, they're, uh, they're digging their hooks into the digital realm. They're warming their way in and there's, that's one of those things. No matter what system you implement, these people will try to find a way into it. It doesn't matter how perfectly you build
Starting point is 00:38:01 it. Eventually someone will find a way to exploit it, but some are better than others and they're worth looking into. They're worth getting outside of the fiat dollar. as much as you can is always a good idea, in my opinion. Well, Tony, I want to thank you for being on the show. I want to thank you for hosting the show tomorrow in case people are just tuning in. Tony Arderburn will be hosting the David Knight Show tomorrow. And as he pointed out, it is the anniversary of, you said, Nixon taking us off the gold standard, right? Or off the gold standard.
Starting point is 00:38:32 So it's a fortuitous event. We didn't play in it that way, but that's how it works out. And you've got a show coming up after this. So let the people know where they can find you, Tony. you can find me my website is tony dot gold if uh if you want to go find my website all my shows and links to everything that i do and uh yeah we'll be live over on the america unplug channel uh on rumble and on my ex at tony arderburn go go find us there will be uh at 12 p m eastern 11 a m central time going live fantastic all of you go check out tony and go to david knight dot gold get yourself
Starting point is 00:39:08 some gold or silver again tony Thank you for that, and thank you for being on the show. It's always a pleasure to talk with you. Really do appreciate it. Same to you, my. own nothing and the communist future. They see the common man is simple, unsophisticated, ordinary, but each of us has worth and dignity created in the image of God. That is what we have in common. That is what they want to take away. Their most powerful weapons are isolation, deception,
Starting point is 00:40:04 intimidation. They desire to know everything about us while they hide everything from us. It's time to turn that around and expose what they want to hide. Please share the information and links you'll find at the Davidnightshow.com. Thank you for listening. Thank you for sharing. If you can't support us financially, please keep us in your prayers. com.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.