The David Knight Show - Unveiling the Collapse: Chris Menedis Exposes Why the World’s Gone Mad and How to Reclaim Your Liberty
Episode Date: April 25, 2025From the erosion of personal sovereignty to the looming threat of digital currencies and weaponized money, Chris Menedis’ groundbreaking book, Why the World Doesn’t Make Sense: Reclaiming the Libe...rty You Didn’t Know You Lost empowers you with the tools to break free, think critically, and forge a path to financial and personal independenceIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: 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 KNIGHTFor 10% off supplements and books, go to RNCstore.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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Before you dive into this podcast, pause for a moment, just relax and imagine a moment of true pleasure.
It's a normal Friday, you're down by the sea in Clontarf, when suddenly you hear the unmistakable sound of
fffft!
And realise it's you, biting into a Magnum classic ice cream, thick cracking chocolate,
velvety smooth vanilla ice cream, and hmmm.
Nothing cracks like Magnum. Magnum. True to pleasure.
Hey there. My name is Chris Menitis and I wrote a book called Why the World Doesn't Make Sense.
Reclaiming the liberty you didn't know you lost.
For those of you who don't know me,
I hope folks at all stages of life
learn to think more deeply, challenge the status quo,
and find financial and personal freedom,
independence, and sovereignty,
a word that's not often fully understood.
We're living in a time where it feels like
the rules keep changing,
where nothing in our secular society, politics, culture,
the economy, adds up the way it should. Because we don't understand some pretty fundamental truths and have allowed
words and their meanings to be inverted and used against us, we've sacrificed our
nail in a bull rights. We've allowed our own government to be manipulated and
turned against us, allowed the weapon of money to be used against us, allowed a
bureaucratic state to develop and control us. We've been distracted from confronting the truths that matter most and have failed to have
the words to stand up as truth and first principles thinking were banished from
our schools and universities. I could go on and on.
The good news is that while we've allowed this to happen we hold the power to change it.
The reality is we should never have to depend upon another person for our own success, for our own happiness.
Elections are great, but if we really want to be free, if we really want it to last, it starts with us.
The individual.
Another concept, it's high time we understand.
I believe it's time for an era of civic renewal to propel us into the next great age of enlightenment.
Something special starting to bubble under the surface. Humanity is about to enter its next era
and we're the generation that gets to decide what that is. To bring it into reality, to make the
next great leaps and advances not just in the sciences but in thought. Darkness, centralization,
control, those will always be there in our fallen world. But what can exist in parallel and perhaps in our next era dominate and far outshine them
are truth, decentralization, and liberty. Instead of asking questions that wise
men answered thousands of years ago, we can choose to stand on the wisdom of the
ages and from those heights look out to see and to build what's next. What I
don't believe in are how-to guides.
We're telling you what to think.
Instead, I teach you how to think
and arm you with knowledge and tools.
I empower you as a free and sovereign individual
so that you can decide what's right for you,
your family, and your community.
So if you've ever wanted to better understand
the major threads underlying our world,
money, civics and politics, bureaucratic machine and censorship, words and their emergence, war, globalism.
Join me. Grab a copy of Why the World Doesn't Make Sense and start today. Wherever you are
in life, whatever you have or don't have, you can do this. We can do this.
can do this.
Alright, and joining us now is Chris Menitis and I think I mispronounced her name, I hope I got it right this time. And we wanted to talk to her about her book, Why the World
Doesn't Make Sense. I've got some ideas about that, but I'd like to hear what she has to
say about it. Thank you for joining us, Chris.
It's a pleasure to be here.
Thank you.
Well, tell them that this is a new book that you're writing.
You've written several different books, and you've got a YouTube channel.
You've got some very interesting thoughts on the YouTube channel as well.
But tell us a little bit about that.
Tell us a little bit about the book.
Why the world doesn't make sense.
Why do you think it's crazy?
Well, I have a feeling you're going to agree with me on this one.
I think it's because it's no longer built on truth.
We have replaced natural law with legal fictions and virtue with identity, reason with control.
We've stopped acknowledging that liberty comes from personal sovereignty and that it has
to be about more than just rights and this basic premise that if we don't want the government
to step in, then we the people have to step up. And we have to remember that freedom often is the freedom to do
what we should. And I think it's also really critical that we recall that, you know, we should
never ascribe more to government than it requires. It's not meant to be a recipe for our lives. It's,
you know, merely our secular governance. And when this basic civic knowledge
fades, we don't just get bad policy, but we can lose the ability to even talk about these
foundational truths without triggering panic or polarization. So the book is ultimately
about pulling back the curtain, if you will, and showing not just how we got here, but
why, why would we as a free people allow this to happen in the world?
And as, you know, we sit on the precipice right now, I think you would probably agree of this
collapsing post-World War II global order. How can we reclaim liberty by returning once again to truth and to moral order? And I think it's really important because truth ultimately brings us to
a fuller understanding of the individual.
Dr. C. W. C. C. That's true. Yeah, I've said in the past, when I was growing up,
would say, �Well, don't make a federal case out of it.� You know, now we want to make a
federal case out of everything. Everything needs to be solved by government. Every problem needs
to be solved by government and needs to be solved in Washington. And that's now true of conservatives
as it has been true of liberals for quite some time. Everybody's looking for
a savior in Washington, aren't they?
If you notice in society, we even pose the question the wrong way. Oftentimes the first
thing people say is, well, what should the government do? And the answer is almost always
nothing. Get the heck out of the way. And I think we really need to start once again
asking ourselves, what should we do?
What can we be doing?
Because ultimately it starts with us.
And I think a society that understands that
and lives that truth of taking responsibility
and understanding that our being as individuals
really transcends our rights
and our obligations and even opportunities
has to reach a state of communion
and voluntary self-sacrifice.
And I think that it's key not just to fulfillment
of who we are as people,
but it's key to making the whole system work.
So you can't have liberty without virtue.
And so I think this kind of timeless call to fix ourselves and our own hearts first
is actually at the heart of really helping to fix our society to move forward as well.
And that's really what the founders were talking about when they mentioned happiness, isn't
it?
You know, it wasn't hedonism necessarily, it was the freedom to pursue virtue, wasn't
it?
Oh, absolutely.
It was integrity and there is a property element in there,
I think in pursuit of happiness since the initial wording was property.
But a lot of it is integrity.
It's this understanding of virtue and that happiness is not this ability to
always do whatever we want. In fact, that's the exact opposite, right? Um,
I think the, uh, that's actually slavery, not freedom. Uh, when you're a slave to your passions.
And so I think really kind of understanding these timeless truths that have been around
forever that society seems to have forgotten and we've become deeply uncomfortable talking
about the entire concept of virtue somehow.
It's almost as if we can sense how far we've drifted.
And so we're afraid to have the discussion.
It's only allowed to virtue signal on social media.
We can't be didactic about the virtue.
We can't define virtue.
Of course, the inversion is always okay.
That's right.
So, you know, so what does, you know, when you talk about this, what does it look like
at a local level, you know, for us to, or a personal
level, you know, when we look at this and we try to move society back in a direction
that is more focused on the individual, more focused on virtue, and not so much a centralized
solution. What does that look like on an individual basis?
I think it starts with a couple of things.
I think, obviously, it starts with us
and it starts with our families.
What is our connection to our creator?
What is our connection to our family?
And then building up from there into our local communities.
And I think a huge part of it for folks is education.
I think not being afraid to go and connect with the entire
Western canon, you know, to travel as, you know, it's often called that dusty path
between Athens and Jerusalem and know from once you came and be able to
connect with the long arc of history I think is incredibly important to people.
So I think reading certainly helps. I think being afraid or not being
afraid to question, you know, somehow even our scientific method has gone away
and it's become, you know, whatever is settled science or condoned by whoever's
paying for the study. And our greatest discoveries in the world have always
come from questioning.
So I think it's this idea that within ourselves, challenging ourselves and within our families
and our small local communities, how can we once again instill this basic idea of first principles
thinking and really being able to drill every issue down and build up from there
and it gets you to an interesting place because instead of falling politically into line with a
lot of these ideologues or what the party's doing, you know, I caught the end of your last segment
before joining and what I heard was this idea that once you have a principle, that principle is a principle. And you don't
get to be, you know, I'm going to apply it over here, but not really on Tuesdays and
not to that group because it's not politically convenient. And I think we've lost that idea
as a society and we all have to decide, you know, what are our principles and where are they grounding us? So perhaps, you know,
For me in my personal life that principle would be my faith and my secular life
That principle is liberty and I think what happens is a lot of us have chosen
economic gains or dominance or as I like to call it empire as that principle
And so you tend to manipulate everything else
around it. But when you come from, in that secular sense around liberty is the underlying
guiding principle that I am going to put everything within the context of self sovereignty,
all of a sudden you look at the world in a very different way. You understand everything
differently from whether it's money to globalism to geopolitics to domestic
politics, words and how they're used against us, you know, war. And so I think it's really important
that people challenge themselves and figure out what are these principles and what are the lenses
that you're going to do this? And do you have this ability to reason and break things down and then
build up again from there? And it gives you the strength then to be able to approach any worldview issue,
any global issue that you come across with a foundation.
And obviously then being a,
having a willingness to listen to other ideas because we don't know everything.
And, but now we have a grounding to filter those ideas.
So we can properly say which ones we want a grounding to filter those ideas so we can properly say
which ones we want to allow to strengthen our resolve, which ones can maybe broaden
our understanding or add a little bit of depth or nuance. And I like to always say that we
get a lot of that from reading, but the truth is we can get a lot of it from anywhere in
society if we have the tools to be able to do it. Mm-hmm. I agree. Yeah, I remember Rod Dreher's book, Live Not By Lies, which is based on
Solzhenitsyn's, he took the title from Solzhenitsyn's essay. But he was talking in it, he said that
he had a lot of friends who had family that had lived under totalitarian governments, whether it was in Russia or Germany
or whatever, and they were very concerned because, and they started talking to their
children who were his age, and said, you know, I'm starting to see the same thing starting
to happen here. And he said, then he started seeing it himself, you know, people who would
be talking in a cafeteria or something at a university, they would start
to guard their speech and kind of sideways glance to see, is anybody listening to me,
that type of thing.
There's a fear there.
There's a fear there that you're going to stick out.
There's an absolute fear.
You know?
And you're going to be hammered down.
They're all saying that the nail that sticks up is going to get hammered down.
And so everybody is afraid of that and they're ashamed of their convictions. And part of it is, I think as you're pointing out, they don't really
have firm convictions. They haven't really thought about the meaning of life and where they stand on
other stuff and why they stand on something. And so if you don't have firm convictions,
you're just going to be pushed around with everything. And I think that's really where
we are for most people now. And I think that is a big part of why we have the kind of influence in these institutions,
these public schools. I think that's been a big part of what they were trying to achieve,
the fact that everybody just doesn't have any foundation and they're afraid of the peer
pressure and they're afraid of the pressure from above, aren't they?
They're very afraid of it.
And I think you're right.
It's because they haven't been taught how to think, and so what happens is instead we've
trained entire generations on what to think.
And it's an incredibly dangerous thing because it's not always the easiest skill to relearn
later in life, to go back and actually have the strength of character to be able to break
things down. Because you realize that you end up questioning yourself a lot. It's something even
that happened to me in the writing of the book of really discovering when you're willing to look at
facts, honestly, throughout history, what things are and how they might change your mind and really
see what's happening across the board. So I think to me, this is actually the broader discussion that we should really be
having about education is, you know, we're kind of trapped, I think, in this parallel discussion
right now in the country about who should get into higher education universities and then what
we should be doing when they're there. And I think that's kind of missing the entire point.
We're missing an entire underpinning of civics, of natural law, of understanding who we are
as a people, and really starting with that foundation of first principles, and not just
understanding American first principles from a civics perspective, but first principles
thinking on a broader basis across the board. And so I think we're seeing that right now. It's permeating our sciences were less productive with the number of, you know, PhDs. I
think it's dropped down to less than 1% in terms of productivity, even though the number of PhDs
has gone through the roof. We're seeing it certainly in our thought and inquiry and our social
sciences.
So it's across the board a problem that to me this is the discussion that we should be
having and it's not something that government can fix.
It's only something that we can fix ourselves by having the strength of character and the
willingness to take it on voluntarily.
Yes, I agree.
I agree.
And you know, I should have started with your credentials at the beginning because you have been able to build, you're an
entrepreneur who has built a 200 million dollar plus real estate portfolio by
applying sound money principles. So you have successfully been able to put these
principles into play and you've also gotten involved as an early Bitcoiner and other things like that.
But you've taken personal sovereignty over your own life and I think that's one of the
key things that is there and you've been very successful at that and that's one of the reasons
why you're writing books and why you have your YouTube channel and other things.
By the way, I didn't mention, what is the YouTube channel where people can find you?
It's Christine Menitis YT. Okay, YT. Okay. And your website is?
My website is ChristineMenitis.com. Good, good. Okay, I wanted to get that out. And then from there you can link out to all the social and YouTube. Okay. And she spells her last name M-E-N-E-D-I-S. That's Menedes and that is the way you spell
it. So that's excellent. Yeah, and so you know, you have a lot to say about financial
things because again, that is a key thing if we're going to have liberty and if we're
going to have independence, we need to be able to take care of ourselves and you have done that and been very very successful at that as well
So when you on your on your website on your channel, and I guess it's also in this recent book
Why the world doesn't make sense?
And that is se n se it's not ce nts. We're not gonna have sense anymore. We just got rid of the penny
Trump did that for us
So we're gonna have any more as well. We just got rid of the penny. Trump did that for us. So we're not going to have any more cents as well.
The federal government is not going to make any sense, but it never did to me.
But when you talk about that, talk a little bit about the financial aspect of it, about
how we make sense of this world.
Yeah.
Absolutely.
Well, money is a weapon, and I think it needs to be understood that way, because
in fact, it's probably the principal weapon throughout history that's been used to create
poverty and defendant and dependency rather than eradicate them. So without an adequate
understanding of financial principles, you can't really have sovereignty and a lot of societal evils are allowed to continue to
occur because a lot of naive people fail to grasp this role of money as a weapon.
And it's worth saying that as with any weapon, I always point out, you can be on either side
of it.
And so if you don't understand the money world.
It can be defensive or it can be used to defend.
Exactly.
It can be offensive or defensive.
And so I think it's really important.
These things are tools at the end of the day.
You know, I've never been someone who is a maxi
with any particular point of view.
To me, these things are tools,
and you have to understand them
and bring them back to what are your principles
that you want to use these tools in service of.
But on a bigger basis,
if you don't really understand how money works,
then you can't understand the broader world around you.
It may sound kind of dramatic, but currency, payment systems, all of this is the hidden
engine behind everything, right?
From the price of eggs to the rise and fall of empires.
Historically, as I'm sure your audience is well aware, we've managed this in many different
ways. And over time, we've moved from commodity money
into fiat or government money and all of its issues. And I realize your audience is probably
very well versed on this, so I won't get into that. But what I think is interesting is that
as we start to now layer in, and I talk a lot about this in the book, modern payment systems, digital banking,
credit cards, digital currencies, CBDCs.
Suddenly, it's not just about what money is, but how it moves, who gets to transact, what
can be tracked, frozen, taxed, is it private, is it programmable.
And very quickly you realize we're not talking about money anymore, we're talking about freedom.
And so all of this I think matters right now
with an extreme urgency and it's one of the reasons that I really wanted to arm people
with this information is because the time to understand it is now. I can tell you for
a fact having seen it that the system is built, we just haven't turned the key yet to turn
on a lot of this. And so one day very soon, everyone's going to wake up and whatever is in their bank account
is going to have converted.
And at that point, it's too late.
We don't get to opt in to systems after they're built.
So I think there's good, there's bad, but we really, I think knowledge of that is probably
one of the most important things that we can help our fellow citizens with right now.
I agree.
And you know, they don't want us
to own anything they want to have universal basic income we've had
Democrats and Republicans have all talked about this in one form or the
other you know they were not gonna have jobs I mean we just had talked about it
yesterday briefly some guy with an artificial intelligence company says I'm
gonna replace all jobs everywhere you know everything and it's gonna be great
you know nobody'll have a job but him I. And I don't know who's gonna buy
his products. He'll be happy. Yeah, exactly. I don't know who's gonna buy what he makes. But it's crazy. They don't think
about that. And yet, at the same time, you know, we had when Bloomberg was running, he's
talking about how, well, you know, we had the farmers and they're stupid and we
had the people working in the factories and they're stupid and the
smart ones of us like me, we just have to figure out how we're going to control these
people so they don't try to kill us.
And it's going to be universal basic income.
And we saw Musk was heavily into that as well.
How do we defend ourselves against this system that you point out is already built and they
just got to flip the switch, put this thing out there?
What is it that people need to do in order to protect
themselves against this system?
I think number one is awareness, to understand how it works and the implications of the various
aspects of the system. So that would be an understanding of digital money, which a lot
of people I've found tend to just shy away from because they say, I don't like it, I
don't want it. And it says, well, that's great, but it's here. So let's understand
it. So I think an understanding of what digital money is. And I think understanding things,
you know, I'm less commodity money is really key. So gold, Bitcoin, to me, they both serve
their purpose. I'm a huge fan of both have been a big believer in both for a long time.
My dad was an old gold guy, so I'm well versed in all that growing up.
And obviously having its moment now as the world is going crazy.
And I think understanding Bitcoin to me as a digital aspect of that. And so if you think about, you know, gold and all of its properties in terms of
privacy, but also as a bearer asset, I think bearer assets are incredibly important for people to
understand where you don't need that trusted third party to transact through them. And so to me,
Bitcoin's acting as a bearer asset within the digital realm in the age of digital money is
incredibly important for people to understand and to be able to take advantage of that.
You know, God forbid you ever needed to move or to travel.
It's a lot easier to travel with something like Bitcoin.
It's just words in your head.
So you can cross borders.
And so to me, that's one of the most powerful aspects of understanding these things.
So again, they're tools.
So you have to look at your life and understand where, what is it that you're trying to do? one of the most powerful aspects of understanding these things. So again, they're tools. So
you have to look at your life and understand where, what is it that you're trying to do?
Are you trying to grow wealth? Are you trying to preserve wealth? Are you trying to just
have a little bit to opt out of the system? Or, you know, are this is obviously in parallel
with a lot of other non-financial aspects of your life as you're planning. So, and then
I think also an understanding of what's
happening in the world bigger picture is really important as people look at their finances because
I think a lot of people, especially on the right, looked at what President Trump was doing going in
with tariffs and said, this is great. He's opening the door. We can put the government back in a box of having to live within its means again. Of course, Congress hasn't stepped
up to go down that path of actually making that the primary source of income. And instead
you get a lot of Republicans today who are saying, well, no, we're going to keep spending.
These spending bills are absolutely insane going through Congress. And so when you look at this and you understand that America's broke,
we're facing a debt spiral.
And this whole thing about taking the markets down a notch really only
has to do with one thing.
It has to do with the tenure because we can't afford to finance our debt and we
can't afford to refinance all the debt that the Biden administration narrow put
in short-term treasuries
that's all also gonna come due at the same time as we need to put out roughly another three trillion and
So we have no idea where this is gonna come from and if it if the tenure creeps north of five and a half percent We hit a debt spiral. We're done America's it's over. So if you hold gold great
It's gonna go through the roof with your Bitcoin
But if you're you know, God forbid in fiat or you needing to just buy food and do things for your family
These are very serious issues. Mm-hmm. And so
We have I think an opportunity right now that we have to be very realistic about this and understand that the problem
Maybe at a point where like so many things, the government can't fix it anymore. And so it may be that point where I think
a lot of people need to start to say, how can I take a little bit every month and start
to protect myself and get off zero in some of these ways of getting out of the government
system? And not everybody can do everything, but everybody can get off zero. And you can start to do something and you can create a community and be aware
Because what we're seeing happen in the world is extreme chaos is being created because instead of using tariffs to go down a path towards where the country started
And to put us back towards a path of non-extractive income tax, they've been weaponized. And so what's happening, the world is reacting to this
because instead of tearing down the post-World War II
global order and then instead restoring a republic,
we seem to be wanting to rebuild it now
with all the old Lego pieces.
And it's not only confusing as hell to watch,
but it's terrifying if you're in the markets.
And I can tell you the markets,
you add this in now with algorithmic bot trading
and it's a wild time in the markets right now.
Oh yeah, nobody knows what's gonna happen.
Your stocks better be tight.
You have no idea what's coming.
Oh yeah, everybody is frozen.
They don't know what's gonna happen, you know?
And it's that uncertainty that is so fatal with it. And, you know, regardless know what's going to happen, you know, and it's that uncertainty that is
so fatal with it. And, you know, regardless of what's happening, regardless of, you know,
we can all talk about tariffs or income taxes or whatever, however we raise taxes, but you
need to have that stability so that people can make plans. Nobody can make plans. Nobody
knows what's going on with it. And we're sitting here, as you're pointing out, we've got this
exploding debt. We've got what's looking like now, stagflation.
Now that's pouring gasoline on the fire of the stagflation
with this uncertainty and everything.
And I'm old enough to remember
when inflation got out of control
and you had all the king's horses
and all the king's men couldn't put it back together again.
They didn't know how to do any of that, right?
And so they all wanted to pretend
that they knew exactly what to do and nobody could stop it. You know, it
wasn't, we could get the whip inflation now buttons and none of that worked, you know?
And we couldn't just say no to inflation. And of course the Congress and the federal
government can't say no to spending or to creating money. And so we've got this economic tidal wave that is kind of looming over everybody's
head and as you point out, you've got to do something. Jack Lawson who does Civil Defense
Manual, he says, just start by getting some canned food and start to put it under your
bed so that you've got something that you're starting to just start small. You don't have
to do it all at once, you just start a little bit at a time. And I think that's what you're
saying as well about the financial stuff. I think that's it. I think so many people feel
like it's too much and I can't do it. But you don't realize you can start small and that small
compounds. And honestly, the way these assets are moving as the currency continues to be debased more
and more, that little bit can actually be a lot.
And I think it's a principle in general in life.
Just start.
Do something.
Make a decision.
Start.
You feel better moving forward and you're productive.
And it's also along the way because you're starting, now you're in that world.
Now you're getting educated.
Now you're paying attention to these things. Because we could very well be
entering a time of continued chaos. There's no guarantees that any of this
is going to get turned around. I think there is a guarantee that they're going
to completely change the financial system. I mean they've even said it as
much, you know. I mean we had Besant say that, yeah, we're talking to the
stakeholders, to the World Bank and the International Monetary
Forum, yeah. And so it's like, oh great, we're going to do another Bretton Words, he says.
And so it's like, okay, so it's going to be the same but different.
The Marlongo Doctrine.
Yeah, there you go. That's right. So, you know, when you look at this, and part of it,
I've talked to people in the past about
the hijacking of Bitcoin because Bitcoin is really, Roger Ver, another, you know, that's
his book, said, you know, it was really set up as a transactional medium and now it's
become this big store of value.
And so, you know, and I've also talked to Aaron Day, who is very much trying to have
gold, silver, as well as some kind of a digital currency
But he's concerned about privacy issues and things like that and he's you know, he's focusing on it and it's really changing very very rapidly
It's hard to keep up with it. And and so it's like a full-time job for him
So I have him on from time to time to talk about that
Yeah, but you know that that's the other issue about it
I guess that's one of the things that concerns me about Bitcoin even though it is it is now there and
the institutions are accepting it. It's the the lack of privacy and that's one
of the things that Aaron Day is looking at. You know how do I get digital
currency that is also going to be private? So I'm sure as he tells you when
he comes on one of the key things about Bitcoin because I I agree that it has been hijacked and it is supposed to be both
It's not supposed to be one or the other
That's just human beings having the absurd fights that we like to as different groups want to take control
But it's supposed to ideally be both
Because these are different aspects of what money is. Money
is not just a unit of account, it's a store of value and a method of transacting, and
it has to be both in order to truly be hard sovereign money. And I think the privacy,
look, I think you're right to be concerned with it, especially as the analytics on chain
get better and better across the board, and it is certainly something where gold is naturally superior.
But we do have the Lightning Network, and the entire point of the Lightning Network, other than the faster, cheaper transactions, is privacy.
And so, only your initial and your closing transactions are ever recorded on chain.
So the thousands that you have in between maintain privacy.
Now, to be fair-
So you're talking about the on ramps and the off ramps,
let's say, you know, getting into that system
and getting out of it.
Exactly, or when you open and close the portal
on the Lightning network to move from the Bitcoin
onto the layer two.
Now, to be fair, it is very much still what I would call a DIY system.
So if you treat Lightning like a bank and you go and you use one of these guys who've
set up the wallet system for you and now you're just back in trust land and you're custodying
with somebody else and you've lost the entire purpose of the Lightning Network. But if you do actually take advantage of what Lightning naturally can offer, the payments
are happening off-chain in private channels, and they're bouncing through several channels,
in fact, who are not aware of where that's coming from.
And so I think Lightning is really the answer.
And so one of my strong hopes is that as this continues down this path of
digital money that we get a lot more of the incredible talent that right now has been drawn into the crypto space because of
you know the promise and the returns and the power that they actually find their way back over to the freedom space and
Put their minds to work on the lightning network because I think that does have the opportunity for privacy within the digital age.
Well that's interesting. Talk to us a little bit about stablecoin because this
is something that's being pushed a lot. Of course that's where Howard
Lutnick, as Lutnick or Lutnick, I can't remember. Anyway, that's where he's coming from,
kind of that world. And you know as he's been focusing on Treasury bonds that you
know part of the pushback when
Trump did the big tariffs, people, different countries started pushing back and saying,
well, we're not going to buy the bonds anymore.
And so this would be someplace where they could offload the bonds.
And I kind of look at that and think, are they going to use the state?
You think they're setting the stuff to use stablecoin as the kind of the place where
they can stuff their bonds if they can't
get other countries to buy these bonds?
And is that something that they're going to try to replace the dollar with as some kind
of a stablecoin?
What do you think?
Yeah.
So, a stablecoin is just to kind of step back and define it, right?
It's any type of digital currency that's backed by a reserve asset.
And that can be, it can be treasuries, it can be physical cash, it can be gold, it can
be Bitcoin, it can be anything. But some type of a reserve asset there. And hopefully we're
talking about not algorithmic, which are backed by math, but the traditional kind that governments
are accepting. Hopefully the peg remains. But that's the idea is that it's one-to-one, it's not
going to fluctuate because it is backed. Now, Lutnik, as you mentioned, is very
tied with Cantor Fitzgerald to Tether. They were their auditor for many years
and now they're actually partnering together to pull something. Run very much
of a micro strategy like play with Tether's balance sheet.
And stable coins, this is really how they were sold to the federal government, is that
they are the biggest opportunity in a world where less and less people want our dollar.
Stable coins not only expand dollar dominance, they allow people in Argentina, Hong Kong, India, anywhere
in the world to access the U.S. banking system with a smartphone and escape their own currencies,
which currently are far worse off than ours are.
So they can get around the politicians of the central banks in those countries that
don't want to deal with it.
Correct.
So you can go straight to the… Correct. They can just trade on their phones and...
Yeah.
Right.
Without the daily spikes in inflation that make it so difficult to plan out your life
for basics like food and shelter and things of that nature that are recurring costs that
you have.
And so not only do stables help to expand dollar dominance because around the world
there's a huge market for them for that reason, but it's also the case that as
Governments have wanted to legitimize these stable coin companies. They're all turning the US Treasury
So tether is one of the largest folders
it's a tether is one of the major stable coins one of the largest holders of
US Treasuries in the world and the idea is that this could be to your point an
US treasuries in the world.
And the idea is that this could be, to your point,
an increasing appetite for this as we grow the stable coin market.
And so as other countries, especially Asian countries are beginning to dump our bonds openly,
then we need something to replace this way.
So the idea is that it can flow into, um, into stable coins.
Now stable coins, it should be pointed out, are private. So there is no,
it's private in the sense that it's centralized. So whoever issues the stable coin, they can
flow through whatever policy they want. They can turn your right to transact on and off.
Now to date, it's never been done. And in fact, it's been used soon to the industry,
but the capability is there, and this is what I think it's important for people to understand.
Now, I personally believe that we're actually going to get a stablecoin as a CBDC, and I
think that's coming very soon in America.
So we have obviously a secure-
That's what I was curious about, because I've been saying that as well.
Yeah.
It checks all these boxes.
I strongly believe it.
It helps them with the dollar.
Yeah, and it helps them with the dollar, helps them with the bond, and it has all the functions
of being able to control whether you have access to it or not, and shut that down that
they had with CBDC.
So they can tell the public, we're not going to get a CBDC.
They can bring this in the back door.
We're not going to get one.
Yeah, that's right.
We won't go into that.
Right.
And then what happens is they also preserve the two-tier banking system so banks are happy
because otherwise, what's the role of banks in this world?
And so now the banks are happy.
They get their CBDC that they can work with the central bank.
Our central bank is happy.
They have one to transact with other central banks who are all moving to CBDCs.
And we're just told we have these wonderful things called stable coins, and you should
all have them.
Yeah, I agree.
That's what I wanted to know if you saw it that way as well, because you're much more
well versed in this than I am and that is really where I see this all happening.
You're spot on.
Well then, so again, I was trying to get into something that is outside of their system
as much as we can and to, you know, even if
it's just baby steps, take the baby steps and start to do some preparation to get outside
of that system.
And so, you know, you would suggest that people start accumulating small amounts of gold and
silver and of course you would do Bitcoin as well.
Anything else that people can do to start to prepare and take baby steps?
I think it, I think it goes down to education. That's the number one thing I would say that people can do to prepare. And it, I think a lot of times it gets
overlooked because it's not tangible, right? I didn't buy it. I can't see it in
the cupboard. But I think oftentimes it's the number one thing you can do to arm
yourself for the future is to understand
what's happening and to have the tools.
It's one of the reasons I wanted to write the book.
And also so that you can think through, you can process, you have this skill that we talked
about earlier of first principles thinking, well, now let me apply it to money.
Let me understand what's the government doing and why and what's the likely response going
to be so that I can position myself and protect myself. And maybe it means how much do I keep in my bank
account? Maybe it means starting to do something else on the side or look at how I'm teaching my
kids about what they might want to do in the future as they look to education and their future
earnings within the context of a broader, you know,
ever-changing global economy.
Yeah, I guess, you know, that's a concern when we look at the debt that is there and
we look at, you know, as everything is slowing down, there's also the issue that this is
having on the supply chains.
And I understand the goals.
I had a guy on a couple of days ago, we were talking about rare earth minerals,
and he's got an American company that's trying to do that.
But as he's pointing out, we're like five years away
from being able to do anything of this.
So what happens in the meantime, right?
What happens when, as part of this economic war,
trade war, whatever, the Chinese cut off
these vital magnets, which the most vital ones,
they've got 98% of the market,
what happens when they shut that down?
We don't have, even though we've got some resources where we can get to them, and even
though we can learn how to do it, we've got to learn how to do it, we've got to set up
the factories, we've got to start the mining and all the rest of the stuff, and that takes
a long time to do it.
And you can go down with that with everything.
Everything, we have created a, you know, over many decades, we have created a distributed supply chain
that is global in nature and everything is interwoven and you can't decouple that instantly
without just ripping everything apart.
And I guess that's everybody's concern.
Is everything going to be ripped apart?
How do you see this playing out?
Not well.
Yeah. Yeah.
Yeah, nobody knows, of course, nobody knows, even in the Trump administration, they say they don't know what he's going to do the next day in terms of the numbers.
Well, to your point, it is interconnected at this point.
We have built an interconnected world and there's going to be pain no matter what happens.
It's a matter of who feels the pain
and why and what's on the other side.
So kind of going back to this broader collapse
that I believe we're living through
of the post-World War II global order,
this has been coming for a while.
Those on both the left and the right
have been well aware that we've kind of reached the end.
We've played the game out as long as we could play it.
And I believe that those on the side of globalism were kind of hoping that it would kind of
imperceptibly collapse into everything that they had waiting for it, all of the institutions and
the mechanisms and the NGOs and the trade agreements. And then Trump stepped in and kind of just threw a grenade
into all of that.
And so what we're witnessing instead is a disintegration.
But like I said earlier,
we're not actually going back to freedom.
And so what's awful to witness is
if we were tearing this down and he came out and said,
let me have an honest conversation with you, America.
We've got a $36 trillion debt rising.
We've got a deficit of over two trillion a year.
This is approximately 7% of our GDP.
We've got unfunded liabilities of over 73 trillion.
Heck, we're paying over a trillion
just in interest on our debt.
It's not sustainable.
We're gonna fix the system and it's gonna hurt.
But here's what I'm doing and here's why and stick with me.
He doesn't want to do that. He wants to win.
And so the problem is you're hurting a lot of innocent people along the way who
are trapped in this system.
And what makes it really painful not just to live through,
but to watch is that I don't think there's freedom and liberty on the other
side of it.
No.
So it's just going to be trade deals and actions that because Congress isn't stepping in can
all be undone via the next guy in office.
And it's an incredibly dangerous way to run the government.
And so you're disrupting the only functioning global order that we have in terms of stability
from an economic perspective,
but you're not actually replacing it with anything.
So will you get a lot of short-term wins?
Sure.
And I think the sad and the scary part,
if we're being really honest about it,
is that a lot of the people who most need
those short-term wins are the people
who would have otherwise opted for liberty and freedom.
And, but we've put them in such a
terrible position that they're like, just give me anything, man. Just help. Let me know
that it's going to get better. And they're so desperate for that message and because
they're not grounded in an inner strength, we end up with this movement of populism,
which is a symptom, not a cure. And, you know, Liberty can only come from
sovereignty from, from us.
I agree.
And so I think all of this plays through into
the economy.
And so what I see ahead, honestly, is a lot of
chaos.
I see a, for a time where we may get a period of
short-term wins as trade deals are negotiated,
but ultimately I think we're going to see a lot of pain.
And I think it's really going to come down to two things for me.
One is, how does China respond to this?
They are in a world of pain internally themselves.
But then we're also looking at stats like, you know, their imports to the US could, our
estimate had to go down by as much as 77%.
And just this morning they came out and said,
we're not in trade talks.
That's going to have a huge impact on all of us
and trade flows around the world.
And the second is we still have not settled this war
between Russia and Ukraine.
And, or really Russia and us,
if we're being honest about it.
That's right.
And that inability to do so, I think is filtering through to a lot of his actions
and policies because he hasn't been able to clear the board and reset.
So we still have dollars going there.
We still have attention going there.
We still have loyalties going there.
And because of that, we can't cleanly negotiate even with Europe.
And so I think those are the two big issues that I'm watching that I really want to see
how this plays out that I think can have a huge impact on whether or not we're able to
get a short-term reprieve, but long-term I'm afraid we're creating chaos.
And you know, when you look at it, like I said before, we've spent decades intertwining
these things.
I mean, just look at Trump's USMCA, right?
They wanted to distribute automobile manufacturing between the three countries.
Now all of a sudden we want to stop it, you know?
And so everybody had that set up.
And we as individuals are intertwined in this system, right?
And we can't help being intertwined in it.
And so I guess the real concern is that rather than gradually starting to build something
else, whatever we're talking about, it's just this abrupt ripping apart, you know,
and it's that uncertainty but also the rapidity at which things can change in a massive way that is going to be
so destructive, not just for global economies and everything, for each and every one of
us, the way we're all tied into the system.
And that's why it is so imperative for us to get some handle on what we're about, what
we believe, what our principles are, and to start making some preparations on the outside
as much as we can, because we're tied into the system, we can't escape the system, but we can start
to try to make some preparations on the outside and just hope that it doesn't come so quickly
that it overwhelms us, I guess.
I think you're exactly right and we are tied up in this.
Every single person, look, this is the only system that any of us have ever actually lived in.
So we may talk about and continue to be the remnant of society that pushes for freedom
and helps to keep things from going over the edge.
But the reality is we've all lived within a system of control our entire lives.
It has rules, it has referees, it's a game that's being played financially.
And so what happens?
You build your life within it.
You build your company within it.
You decide how to send your kids to school
and what they should do within it.
And all of it is being blown up right now.
And so it's incredibly important that people do make preparations,
that people do understand.
And I think first and foremost, to your point,
that we know who we are as a
people that we return to these underlying truths because at the end of the day, not
only is it the only thing that can actually bring us back together as a society, but if
we don't have that going through potentially whatever is coming in the world, we don't
have anything to build what's on the other side and to have a say in building what's on the other side.
And as I think we all know very well in history,
if you don't have an idea of what you want
that you can vocalize and that you can explain to others
and help to build a consensus around,
somebody else is gonna do it for you
and that's what the world's gonna look like.
That's a great way to put it, yeah.
Yeah, I know what my foundation is and I know as much as I identify with America, I
identify with Christ and His Kingdom, and so that's really what my foundation is.
And if we have that foundation, you know, we understand that we're just passing through
this world.
It's a temporary situation, and we understand that God is ultimately in control.
We do what we can, and there are things that we have been given and responsibilities and
abilities that we have been given, and we do what we can with that to try to persuade
people in the world.
But you know, that's really where our rock is, and that's really where our foundation
is.
And if we don't have that, we've actually lost a lot more than just what's going to
happen in this world.
But I know that you agree with that as well.
Again, tell the website, Christine Menetis, and you have a YouTube channel, you have a website, The World.
Why The World Doesn't Make Sense is the book, and people can find that, find that I guess on Amazon or they can also get it at your site, right? They can
get it, yeah, there's links from my site to Amazon. It's available anywhere books
are sold so whoever you want to support locally but yeah it is on Amazon of
course. Why the World Doesn't Make Sense and give us your website again is that
ChristineManitas.com? ChristineManitas.com. Good. And the last name again is spelled M-E-N-E-D-I-S. It's really been a pleasure talking to you.
And it's time for us to be deliberate and to be serious and to understand and to take
evaluation as we're getting into this massive generational change that we've got here for
Every four generations we get this great fourth turning and we happen to be living in very interesting times I think that are coming up. They're getting very interesting very rapidly. I think so. Thank you so much
The old Chinese curse may you live in interesting times. That's right. That's right. Yeah, and then we're gonna see some other Chinese curses coming our way. I think
They've already started.
Thank you so much for joining us.
Thank you.
Thank you.
Appreciate it.
Thank you.
All right.