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Speaker 1: The Michael Berry Show.

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Speaker 2: Welcome to the Saturday Podcast and a big programming news

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Speaker 2: for The Michael Berry Show. They the crew, our team

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Speaker 2: has come together and I kind of hinted that it

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Speaker 2: would be awesome if we did it. But it's a

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Speaker 2: lot of work for the guys if we were to

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Speaker 2: start a Sunday podcast, because a number of you have

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Speaker 2: mentioned it, and I brought it up last week and

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Speaker 2: so many of you email and I forwarded every one

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Speaker 2: of those to the team and they said, we got it,

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Speaker 2: we'll do it. Stop forwarding. So this will be the

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Speaker 2: first week in which we will have a Sunday podcast. Now,

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Speaker 2: I'm well aware that a podcast is an on demand

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Speaker 2: bit of audio, so a lot of you listen when

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Speaker 2: you get a chance, so you may not hear the

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Speaker 2: Sunday Podcast on Sunday. But what I mean by that

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Speaker 2: is our podcast is usually a rebroadcast of what we

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Speaker 2: air on the air, and whether the morning show or

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Speaker 2: the evening show during the week, and if it's a

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Speaker 2: bonus podcast, we'll say that bonus podcast. This didn't air

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Speaker 2: on the radio, So even if you listened on the

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Speaker 2: radio and came to the podcast, you would know, Oh,

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Speaker 2: I'll go straight to that I haven't heard it yet. Well,

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Speaker 2: our Saturday podcast is a bonus podcast per se, and

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Speaker 2: so too will our Sunday podcast be the addition of

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Speaker 2: Daryl Kunda to our team, who doesn't have a title yet,

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Speaker 2: Ramon Ramone's the King of Ding. Jim Mudd is our

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Speaker 2: creative director. Chad Knockinishi is executive producer. He's in charge

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Speaker 2: of everybody, including me. In time, we will have to

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Speaker 2: come up with something befitting Darryl Kunda's new responsibilities. But

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Speaker 2: maybe he should have to earn those first, right, good point,

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Speaker 2: all right, so it's a Saturday podcast. During the nineteen

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Speaker 2: eighty eight presidential election, Catherine Austin Fitz worked on George H. W.

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Speaker 2: Bush's campaign that was the election against Michael Ducaucus. She

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Speaker 2: was later appointed Assistant Secretary of Housing in the Department

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Speaker 2: of Housing in Urban Development, which was HUDD during his administration.

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Speaker 2: I think was Jack Kemp his HUD director or was

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Speaker 2: that Reagan? I think it might have been Kemp, former

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Speaker 2: co former quarterback for the Buffalo Bills. She was given

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Speaker 2: the task of restoring the department's credibility in the wake

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Speaker 2: of the savings and loan crisis. Remember the SNL crisis,

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Speaker 2: it hit Houston heart. I'll tell you that she quickly

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Speaker 2: discovered alarming inefficiencies, including the fact that hud managed a

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Speaker 2: three hundred billion dollar mortgage insurance portfolio with just one

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Speaker 2: certified actuary on staff, only one person to run the

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Speaker 2: numbers as to what these mortgages were anticipated and reasonably

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Speaker 2: expected to perform as it's the two thousand and eight

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Speaker 2: mortgage blow up. Before the two thousand and eight mortgage

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Speaker 2: blow up, she spent decades pulling back the curtain on

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Speaker 2: the hidden workings of the global financial system, which would

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Speaker 2: frighten most people if you knew them. From her days

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Speaker 2: on Wall Street to her outspoken warnings about government corruption

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Speaker 2: and economic centralization, she's been at the forefront of challenging

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Speaker 2: the official narrative. She's the publisher of something called the

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Speaker 2: Solari Report Solarii, and in that she connects the dots

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Speaker 2: between politics, banking, and the shadowy flow of money around

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Speaker 2: the world. She recently gave a lecture at Hillsdale College,

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Speaker 2: and our reminder of Hillsdale College, they do great work.

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Speaker 2: They are not a show sponsor. They should be, but

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Speaker 2: they're not. We just happen to really like their stuff,

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Speaker 2: and sometimes we amplify it when we like it. The

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Speaker 2: talk is on the danger of central bank digital currencies.

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Speaker 3: When I was in Washington, I had a great ally

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Speaker 3: whose name was John Edward Hurley, and John Edward Hurley

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Speaker 3: was giving a lecture at the Smithsonian Museum on Southern culture.

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Speaker 3: And in the middle of the lecture, a young gentleman

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Speaker 3: approximately twenty five years old, popped up in the middle

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Speaker 3: of the audience, interrupted his lecture and he said, why

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Speaker 3: is Southern culture relevant to me? And John Edward looked

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Speaker 3: sternly down as glasses at him, and he said, young man,

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Speaker 3: culture is the integration of the divine in everyday life.

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Speaker 4: And I love that only John Edward.

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Speaker 3: He delivered it with a much deeper Southern accent that

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Speaker 3: I can do. And when I think about what do

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Speaker 3: we need to build a great governance system, what do

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Speaker 3: we need to build a great financial system, one of

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Speaker 3: the critical questions is who enforces? And the reality is

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Speaker 3: if you look at where our wealth comes from, all

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Speaker 3: of our wealth comes from life. It comes from raising

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Speaker 3: strong and healthy children who grow up and go off

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Speaker 3: and do something, or build family enterprises or invent new things.

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Speaker 3: But it comes from a healthy culture, and I've been amazing.

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Speaker 3: I've always wanted to come to Hillsdale and I've heard

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Speaker 3: about it. We have members of this Lary team who've

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Speaker 3: come here. One in fact, you came to see about

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Speaker 3: going to college here, and so I've always wondered about Hillsdale.

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Speaker 3: But as I've had the opportunity, and I have to

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Speaker 3: thank Matt who's done a great job of Matt Bell

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Speaker 3: walking me around as I see what's going on here,

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Speaker 3: there is a profound understanding of the importance of building

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Speaker 3: a healthy culture and of building the kind of culture

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Speaker 3: that could support a great governance system and a great

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Speaker 3: financial system. And it's really I just want to thank

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Speaker 3: you all for allowing me the opportunity to speak to

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Speaker 3: you today, but to visit Hillsdale, to get a little

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Speaker 3: bit more to know what you're doing, and for supporting

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Speaker 3: Hillsdale because you are supporting real solutions.

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Speaker 4: We have to.

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Speaker 3: When I was assistant secretary, the secretary said, how are

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Speaker 3: we going to solve this?

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Speaker 4: And I said, you have to solve.

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Speaker 3: It by raising kids right, one kid at a time,

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Speaker 3: and he said, oh, that takes much too long. So

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Speaker 3: I want to thank you for investing in enduring solutions

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Speaker 3: at Hillsdale. So one of the things we say at

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Speaker 3: Solari is there's an official reality and then there's reality,

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Speaker 3: and you need to know both official realities for the

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Speaker 3: cocktail party. Reality is for the investment of your time,

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Speaker 3: money and your risk manager. Don't get those switched. Don't

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Speaker 3: take reality to the cocktail party if it's not welcome.

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Speaker 3: And please don't manage your time and money based on

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Speaker 3: the official reality. We saw how that worked during the

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Speaker 3: financial crisis. So I want to talk to you today

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Speaker 3: about reality. I'm going to focus on some of the

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Speaker 3: things you know they don't. When I was in Washington,

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Speaker 3: you would I was dealing constantly with the budget and sort.

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Speaker 4: Of whacking up all the money.

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Speaker 3: And because of what I did, I had to understand

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Speaker 3: the whole budget, not just the housing and mortgage piece.

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Speaker 4: And I'd whack up the money.

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Speaker 3: And then I'd watch the Sunday shows and they'd be

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Speaker 3: talking about what was going in Washington, and it was

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Speaker 3: two different universes. One was the reality where they were

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Speaker 3: whacking up the money, and the other was the official reality,

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Speaker 3: and they had nothing to do with each other. So

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Speaker 3: I want to talk I want to get to the

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Speaker 3: heart of what's going on in the money. The first

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Speaker 3: thing I want to tell you is we don't have

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Speaker 3: a financial problem. We have a secret governance system that

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Speaker 3: is not transparent and is centralizing control. And in fact,

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Speaker 3: what we're watching as it centralizes. A wonderful scholar from

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Speaker 3: the UK calls it omni worries this is the weaponization

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Speaker 3: of everything. But we're seeing new and potentially wonderful digital

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Speaker 3: technology used and said to centralize control an area after

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Speaker 3: area in all aspects of our life. And the problem

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Speaker 3: is not so much with the tools themselves, it's with

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Speaker 3: the secret governance system and how they decide to use it.

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Speaker 3: So I believe there is only one way to stop

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Speaker 3: the move to total central control, and that is by

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Speaker 3: preventing control of our digital transactions, our financial transactions. That's

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Speaker 3: what I want to talk about today.

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Speaker 4: So everything I'm going to say.

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Speaker 3: One of the candidates and their economic staff, I was

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Speaker 3: going back and forth trying to help them, and finally

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Speaker 3: I said, I need to write a briefing about what's

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Speaker 3: really going on in the federal finances, the real.

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Speaker 4: Problems are and what we can do about them.

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Speaker 3: So everything I'm going to touch on today is much

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Speaker 3: more thoroughly documented at the Soliary report. This is called

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Speaker 3: the Soliary Paper number one, and it's a briefing on

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Speaker 3: what I call the financial coupetas Clay referred to the

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Speaker 3: twenty one trillion missing. The federal government since fiscal nineteen

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Speaker 3: ninety eight has intentionally and systematically broken the laws related

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Speaker 3: to financial management of both its credit and its appropriations.

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Speaker 3: And that is what if you look at anything that's

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Speaker 3: driving what some people call the swamp and the corruption,

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Speaker 3: it is operating the federal government outside of the financial

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Speaker 3: management laws. If you go to our website on we

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Speaker 3: call it missing Money dot Sleary dot com. But our

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Speaker 3: website on Missing Money we have seven briefing papers. I

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Speaker 3: finally despaired of the journalist community understanding how the financial

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Speaker 3: laws of the United States government works. So we spent

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Speaker 3: a year and we wrote seven briefing papers on what

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Speaker 3: are the monetary and fiscal laws of how the federal

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Speaker 3: government should be operated? And in fact, it's a remarkably

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Speaker 3: good infrastructure, a remarkably good legal infrastructure, if we would

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Speaker 3: only follow it. Sometimes reformers tell you we need new laws. No,

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Speaker 3: we don't need new laws. We simply need to enforce

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Speaker 3: the excellent laws we have, starting with the Constitution anyway,

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Speaker 3: so that is there if you wanted a resource and

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Speaker 3: you want to dive deeper. So I want to tell

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Speaker 3: you a story, and I'm going to use a video

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Speaker 3: to do it. This happened to me in two thousand

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Speaker 3: and it's when I really got to the gist of

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Speaker 3: the problem of why we couldn't turn things around politically.

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Speaker 3: So I'm going to tell you the red Button story,

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Speaker 3: but I'm going to start with the video, So go

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Speaker 3: ahead if you could play.

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Speaker 4: That the Red Button.

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Speaker 1: You never want to have a epiphany in the middle

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Speaker 1: of a speech, but I did. In the summer of

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Speaker 1: two thousand, I was speaking to a wonderful group of

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Speaker 1: people called Spiritual Frontiers Foundation International, and they have a

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Speaker 1: conference once year to talk about how they can help

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Speaker 1: evolve our societies spiritually.

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Speaker 4: So they're very dedicated, wonderful people.

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Speaker 1: A friend of mine had asked me to give a

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Speaker 1: speech called how the Money Works on organized Crime, and

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Speaker 1: in the middle of the speech, I was describing the

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Speaker 1: fact that a reporter who was I was doing research

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Speaker 1: for had been told by the Department of Justice that

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Speaker 1: the US economy and financial system launders five hundred billion

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Speaker 1: to a trillion dollars a year of all dirty money.

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Speaker 1: So I said, to this wonderful group of spiritually of

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Speaker 1: all people, what would happen if we stopped laundering five

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Speaker 1: hundred billion to a trillion dollars a year of old

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Speaker 1: dirty money. So we had a little interaction, and they said, well,

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Speaker 1: you know, the stock market would go down because that

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Speaker 1: money would leave and go to Hong Kong or Singapore

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Speaker 1: or Zurich. And we'd have trouble financing the government deficit

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Speaker 1: because we would offend the people who control that money

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Speaker 1: and the accumulated capital for many years they're on, and

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Speaker 1: so our government checks might stop or our taxes might

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Speaker 1: go up. So I said, okay, well, let's pretend there's

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Speaker 1: a big red button up here on the lectern, and

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Speaker 1: if you push that button, you can stop all hard

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Speaker 1: narcotics trafficking in your community, your state, your country tomorrow,

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Speaker 1: thus offending the people who control five hundred billion to

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Speaker 1: a trained dollars of annual dirty money. And so I said,

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Speaker 1: who here will push the button? And out of one

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Speaker 1: hundred people, only one.

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Speaker 4: Would push the button.

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Speaker 1: And I said to the other ninety nine, why would

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Speaker 1: you not push the button? And they said, we don't

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Speaker 1: want our mutual funds and our iras to go down

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Speaker 1: in price.

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Speaker 4: We don't want our.

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Speaker 1: Government checks to stop, and we don't want our taxes

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Speaker 1: to go up. And so that's what I call the

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Speaker 1: red button problem. And what the Silary mission is is

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Speaker 1: about how do we turn the red button green? In

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Speaker 1: other words, how do we make money pushing the red button?

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Speaker 1: Because if we can make money pushing the red button,

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Speaker 1: then we can push the red button.

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Speaker 4: We're getting back to the spots.

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Speaker 3: Okay, So the President's going to return to the Oval

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Speaker 3: Office on January twenty first, and he's going to his

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Speaker 3: political Karl Rove kind of guy is going to turn

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Speaker 3: to him and say, go ahead to the next slide.

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Speaker 3: It's going to say, the American people just spent billions

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Speaker 3: of dollars getting you elected, and now they want payback.

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Speaker 3: They want their community block Development grant, they want their

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Speaker 3: cola increase, they want their defense contract. And he's going

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Speaker 3: to turn to a Secretary of Treasury who's going to say, well,

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Speaker 3: you better be nice to the people who control five

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Speaker 3: hundred trillion to five hundred billion to a trillion dollars

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Speaker 3: that was a night ninety eight. It's a much bigger

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Speaker 3: number now, especially with financial fraud. You got to be

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Speaker 3: nice to those people. And so the question is, how

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Speaker 3: is the president and their administration going to hit the

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Speaker 3: red button or turn a green unless the states than

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Speaker 3: the counties are prepared to do it with them, Because

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Speaker 3: in fact, there's an incredible opportunity if you re engineer

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Speaker 3: the federal money to optimize the economy instead of to

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Speaker 3: institute central control. There's enormous wealth can be new wealth

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Speaker 3: that can be created, including with the blessings of new technology.

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Speaker 3: But what you're going to do in Brooklyn is totally

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Speaker 3: different than what you're going to do in Tulsa, which

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Speaker 3: is totally different.

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Speaker 4: I live in Hickory Valley, Tennessee.

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Speaker 3: It's going to be totally different in Hickory Valley, Tennessee.

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Speaker 3: It has to be decentralized, it has to be bottom up,

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Speaker 3: and of course, you know what Washington always wants to

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Speaker 3: do is centralize more power. I'll never forget being in

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Speaker 3: a meeting with one of the secretaries and we were

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Speaker 3: meeting with somebody and trying to persuade them to go

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Speaker 3: along with our legislative agenda. And he said, well, you know,

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Speaker 3: I thought you're a republican. I thought they liked to decentralize.

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Speaker 3: And one of the little policy wonks said, yeah, but

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Speaker 3: we're here now, so you know again and again, democrats

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Speaker 3: are republicans.

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Speaker 4: That's what happens. Okay.

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Speaker 3: So we published a study in twenty eighteen called the

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Speaker 3: State of Our Currency, and it was an overview of

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Speaker 3: the dollar system and what was happening in the dollar system.

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Speaker 3: And one of the things we pointed out was the

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Speaker 3: ability of the dollar system to extract subsidy that could

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Speaker 3: in fact pay back the or support the body politic

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Speaker 3: was waning. The other thing that was happening is as

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Speaker 3: the twenty one trillion had gone missing, we had failed

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Speaker 3: to provide think of that as a laundry out of

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Speaker 3: our retirement funds, and as people started to retire because

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Speaker 3: you hadn't provided the money in our retirement accounts that

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Speaker 3: had been promised, in fact, something had to be done.

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Speaker 3: And in fact what has been done is we are

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Speaker 3: steadily lowering life expectancy and bringing lots of immigrants who

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Speaker 3: put more money in the system, and that is delaying

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Speaker 3: the balance of the books. So essentially, what we said

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Speaker 3: is the system is long in the tooth and either

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Speaker 3: the subsidy has to be cut or changed, and the

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Speaker 3: danger is the central bankers will go to a system

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Speaker 3: of total control, which is what is happening. The next

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Speaker 3: thing we published was something about the going direct reset.

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Speaker 4: Who here is heard of the going direct reset?

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Speaker 3: Okay, the World Economic Forum calls it the Greater Reset.

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Speaker 3: But in fact, in the August of twenty nineteen, the

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Speaker 3: central bankers met at Jackson Hall, where they meet once

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Speaker 3: a year, and they reviewed a plan prepared by a

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Speaker 3: group of retired central bankers through the Blackrock Investment Institute

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Speaker 3: that laid out a plan on how you would reset

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Speaker 3: the global financial system. What we see throughout history we

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Speaker 3: have a model called central banking warfare. The central banks

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Speaker 3: print money and then the military and intelligence agencies make

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Speaker 3: sure everybody takes it and you keep the system liquid.

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Speaker 4: And essentially what you.

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Speaker 3: See if you go back through history, every eighty or

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Speaker 3: one hundred and twenty years, you do a reset. It's

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Speaker 3: like flushing the system, and oftentimes what happens is you

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Speaker 3: also move the currency system. So sort of the period

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Speaker 3: of the Spanish Flu was the last time we saw

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Speaker 3: a major reset, when the dollar. We went from a

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Speaker 3: pound sterling system to a duopoly between the pound sterling

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Speaker 3: and the dollar, and then after World War Two, the

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Speaker 3: dollar became the dominant system. So this is the real

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Speaker 3: reset and you can find everything at Hilary that included.

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Speaker 3: We did a piece on CBDC because part of the

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Speaker 3: difference this is the most This is a completely different

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Speaker 3: rese that we've ever seen. And that is because an

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Speaker 3: all digital technology, an all digital monetary system, gives you

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Speaker 3: the ability to do.

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Speaker 4: Something very radical.

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Speaker 3: And I will talk about that in a minute. The

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Speaker 3: other thing that happened, remember does everybody remember the Kavanaugh hearings?

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Speaker 3: Very salacious, very entertaining, very interesting, very galvanizing. While that

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Speaker 3: was happening, the Republicans and Democrats, the House and the Senate,

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Speaker 3: and the Executive branch agree to something called Federal Accounting

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Speaker 3: Standards Advisory Boards Statement fifty six. Doesn't that sound really boring?

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Speaker 3: And what I call it FASB fifty six. What FASB

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Speaker 3: fifty six did, by administrative policy, is said, the federal

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Speaker 3: government doesn't have to obey the laws and the provisions

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Speaker 3: of the Constitution related to financial management. It doesn't have

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Speaker 3: to obey the financial management laws, and it doesn't have

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Speaker 3: to obey the financial management regulations. Remember we hadn't been

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Speaker 3: obeying them since nineteen ninety eight or even really trying.

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Speaker 3: But literally, they adopted an administrative policy that codified the

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Speaker 3: financial coup that was happening. And what they said was

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Speaker 3: a secret group of people, by a secret process, could

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Speaker 3: take portions of the Federal Finance's balance sheet and income

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Speaker 3: statement expenses and take it completely dark by again a

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Speaker 3: secret process. And if you bring in the classification laws

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Speaker 3: as well, and the waiver powers of the National Security Director,

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Speaker 3: that not only applies to the twenty four covered agencies

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Speaker 3: and one hundred plus commissions, panels and other organizations of

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Speaker 3: the federal government, it also applies to the big banks

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Speaker 3: and defend contractors who do business with the federal government.

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Speaker 3: So what that means is, if you're an investment advisor,

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Speaker 3: you look at the stock market and all the large

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Speaker 3: cap stocks and the big bond issuers their financial this

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Speaker 3: is mean nothing.

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Speaker 4: I no longer.

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Speaker 3: Look at the financial disclosure of the US government because

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Speaker 3: it's entirely meaningless. Since fiscal twenty fifteen, which is the

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Speaker 3: last time we calculated the twenty one trillion Interestingly enough,

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Speaker 3: we've talked this in the last two days about the

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Speaker 3: debt problem. When when we did the full survey that

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Speaker 3: documented the twenty one trillion missing from DoD In Hut,

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Speaker 3: that was done by a wonderful professor from Michigan State University,

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Speaker 3: doctor Mark Skidmore and his students. When we published it,

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Speaker 3: guess what the outstanding debt of the United States was?

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Speaker 4: Twenty one trillion dollars.

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Speaker 3: Twenty one trillion of undocuable adjustments, twenty one trillion dollars

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Speaker 3: of debt. So again, we don't have a financial problem,

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Speaker 3: we have a governance problem. So FASB fifty six went

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Speaker 3: into position under a Trump administration. One of the first

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Speaker 3: things I would do if I was coming in is

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Speaker 3: I would end fasby fifty six. Okay, So after you

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Speaker 3: publish the going direct reset, after you published FASB fifty six,

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Speaker 3: what happened. We had a pandemic and the fut in

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Speaker 3: the FED injected five train dollars. And I'm going to

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Speaker 3: grossly oversimplify. The FED injects five trillion dollars, much of

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Speaker 3: that money going to centralize players and Wall Street, and

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Speaker 3: then it shuts down Main Street. So you have fantastic

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Speaker 3: monetary inflation, but you offset it with the deflation that

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Speaker 3: comes from literally shutting down Main Street. It's interesting that Biden,

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Speaker 3: nominee for control of the currency who didn't get passed,

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Speaker 3: had published a month before her nomination an article in

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Speaker 3: the Vanderbilt Law Review, and she said, the wonderful thing

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Speaker 3: about central bank digital currency is inflation is no longer

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Speaker 3: a problem. If you have inflation, you just freeze everybody's

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Speaker 3: bank accounts.

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Speaker 4: Isn't that wonderful?

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Speaker 3: Okay, okay, So central bank digital currency, central bank digital

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Speaker 3: The important thing to understand about central bank digital currency

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Speaker 3: in an all digital financial system is it's not a currency,

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Speaker 3: it's a control grid. Now, the process to implement central

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Speaker 3: bank digital currency around the world is being overseen by

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Speaker 3: the Bank of International Settlements in Basel, Switzerland, and the

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Speaker 3: Bank of International Settlements is owned by its members. The

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Speaker 3: New York Fed and the FED are both the board

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Speaker 3: of governors or both shareholders in the BIS. Sixty three

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Speaker 3: of the top central banks are in the BIS, and

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Speaker 3: they are running a process with a major partnership with

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Speaker 3: the Federal Reserve to implement CBDCs in their prototyping around

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Speaker 3: the world.

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Speaker 4: In twenty twenty.

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Speaker 3: October twenty twenty, there was a panel at the im

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Speaker 3: OFF on IMF on cross border payments. J Powell, Chairman

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Speaker 3: of the Federal Reserve, is there. Augustine Carsons was there,

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Speaker 3: and Augustine Carsons said the following, And I'm going to

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Speaker 3: play this for you in a second, but I want

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Speaker 3: you to know I was basically raised and trained to

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Speaker 3: be a central banker. I was asked to be a

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Speaker 3: governor of the Federal Reserve and declined. So, but I

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Speaker 3: was raised that way. And one of the things you're

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Speaker 3: raised to understand is you never ever you use pretzel talk.

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Speaker 3: You never explain clearly what you're going to do. You know,

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Speaker 3: you talk in circles. And this was the first time

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Speaker 3: I had ever seen a central banker in English explain

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Speaker 3: exactly what they're planning on doing and why. And I

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Speaker 3: almost fell off my chair. And if you think I

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Speaker 3: almost fell off my chair, you should have seen Jpal's face. Okay,

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Speaker 3: So here's Augustine Carson's fifty seven seconds explaining CBDCs.

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Speaker 5: One of our analysis on CBDC in particular, for the

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Speaker 5: use of general to the general use, we tend to

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Speaker 5: establish the equivalence with cash, and there is a huge

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Speaker 5: difference there. For example, in cash, we don't know, for example,

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Speaker 5: who's using a one hundred dollars bill to we don't

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Speaker 5: know who is using the one thousand parcel Biel today.

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Speaker 5: A key difference with the CBDC is that central Bank

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Speaker 5: will have absolute control on the rules and regulations that

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Speaker 5: will determine the use of that expression of central bank

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Speaker 5: liability and also we will have the technology to enforce

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Speaker 5: that those are Those two issues are extremely important and

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Speaker 5: that makes a huge difference with respect to what to

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Speaker 5: what cash is.

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Speaker 3: One of the tremendous benefits that the BI has has

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Speaker 3: in implementing this is they they operate under sovereign immunity.

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Speaker 3: They are protected from with rare exception, most laws and

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Speaker 3: operate behind They can keep anything under balance sheet and

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Speaker 3: keep secret so they are behind the walls of secrecy,

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Speaker 3: and they have established innovation hubs which also extend and

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Speaker 3: sovereign immunity to them. They have a committee at the

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Speaker 3: BIS that designates certain financial institutions, payment systems, and insurance

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Speaker 3: companies as systemically important institutions. And for reasons, I can

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Speaker 3: go into Q and A. If you're interested. We believe

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Speaker 3: they're extending sovereign immunities and that's why certain institutions, no

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Speaker 3: matter what they did during the financial crisis, don't get prosecuted.

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Speaker 3: But this is a map from the BIS website of

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Speaker 3: their innovation hubs at that time, and their partnership with

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Speaker 3: the New York Fed is obviously a major one, the

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Speaker 3: New York Fed being a leading shareholder both the New

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Speaker 3: York Fed and the Board of Governors.

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Speaker 4: Okay, so the.

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Speaker 3: Next video very short is Bowley used to work at

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Speaker 3: the back of China and now is the deputy Managing

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Speaker 3: Director at the IMF.

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Speaker 4: This was in twenty twenty three. Last year.

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Speaker 3: Bowley was talking about the programmability of money. Okay, the

439
00:25:56,840 --> 00:25:59,199
Speaker 3: programmability of money. So let's watch this.

440
00:26:00,200 --> 00:26:04,600
Speaker 6: And finally, the third way we think CBDC can improve

441
00:26:04,640 --> 00:26:11,760
Speaker 6: financial inclusion is through what we call programmability. That is,

442
00:26:11,840 --> 00:26:19,320
Speaker 6: CPDC can allow government agencies and private sector players to

443
00:26:19,520 --> 00:26:28,520
Speaker 6: program to create smart contract to allow targeted policy functions

444
00:26:29,080 --> 00:26:35,640
Speaker 6: for example, welfare payment for example, consumption coupon for example,

445
00:26:35,720 --> 00:26:43,920
Speaker 6: food stem. By programming CBDC, those money can be precisely

446
00:26:44,040 --> 00:26:47,800
Speaker 6: targeted for what kind of people can own and what

447
00:26:48,000 --> 00:26:52,440
Speaker 6: kind of use. This money can be utilized, for example,

448
00:26:52,480 --> 00:27:00,160
Speaker 6: for food. So this potential programmability can help government agencies

449
00:27:00,960 --> 00:27:06,400
Speaker 6: to precisely target their support to those people who need support,

450
00:27:07,000 --> 00:27:10,200
Speaker 6: so that way can also improve financial inclusion.

451
00:27:12,920 --> 00:27:14,960
Speaker 3: So hold up on this one. We're not going to

452
00:27:15,000 --> 00:27:18,679
Speaker 3: play it yet. So what does that mean? By programming

453
00:27:18,760 --> 00:27:22,680
Speaker 3: your money in a system where we have the cloud

454
00:27:22,920 --> 00:27:26,520
Speaker 3: and lots of software and AI, I can make a

455
00:27:26,600 --> 00:27:29,840
Speaker 3: different set of algorithms and rules for every person in

456
00:27:29,880 --> 00:27:30,320
Speaker 3: this room.

457
00:27:31,960 --> 00:27:32,919
Speaker 4: I can track you.

458
00:27:33,040 --> 00:27:36,440
Speaker 3: It's the equivalent of putting you round the clock STAZI

459
00:27:36,480 --> 00:27:39,280
Speaker 3: teams on you, but their software bots and their AI

460
00:27:40,080 --> 00:27:42,479
Speaker 3: and I can make up social credit rules as to

461
00:27:42,520 --> 00:27:45,560
Speaker 3: how you can and cannot use your money. And if

462
00:27:45,600 --> 00:27:49,720
Speaker 3: you don't accept my healthcare mandates or you don't expect

463
00:27:49,720 --> 00:27:53,679
Speaker 3: my spatial restrictions, I can turn off your money. I

464
00:27:53,680 --> 00:27:55,399
Speaker 3: can tell you where to go. I can tell you

465
00:27:55,440 --> 00:27:59,280
Speaker 3: how to go. I can have absolute complete control of

466
00:27:59,320 --> 00:28:02,919
Speaker 3: your life. And I can do it economically because of

467
00:28:03,119 --> 00:28:04,560
Speaker 3: an all digital system.

468
00:28:04,560 --> 00:28:07,600
Speaker 4: And we'll talk about that in a second. Now. The

469
00:28:07,640 --> 00:28:10,480
Speaker 4: FED is the financial train.

470
00:28:10,600 --> 00:28:14,760
Speaker 3: Tracks of the FED that our transactions run on are

471
00:28:14,800 --> 00:28:18,000
Speaker 3: operated by twelve private banks owned by their members.

472
00:28:18,080 --> 00:28:18,520
Speaker 4: The lead.

473
00:28:19,480 --> 00:28:21,680
Speaker 3: The lead flagship is the New York FED, of course,

474
00:28:21,720 --> 00:28:24,240
Speaker 3: but you have eleven other banks around the country, and

475
00:28:24,280 --> 00:28:29,440
Speaker 3: then offices within those jurisdictions. Those banks are run by

476
00:28:29,480 --> 00:28:33,800
Speaker 3: twelve FED presidents. One of them is Neil cash Carrey,

477
00:28:33,840 --> 00:28:35,680
Speaker 3: who was at the Treasury under Hank.

478
00:28:35,480 --> 00:28:36,840
Speaker 4: Paulson during the bailouts.

479
00:28:37,200 --> 00:28:40,800
Speaker 3: He's now the president of the Minneapolis FED. Last year,

480
00:28:40,840 --> 00:28:44,280
Speaker 3: he was asked about CBDC at a conference in Columbia

481
00:28:44,360 --> 00:28:46,760
Speaker 3: and here's what he said. So go ahead and play

482
00:28:46,800 --> 00:28:48,280
Speaker 3: that video.

483
00:28:56,280 --> 00:28:58,680
Speaker 7: Seriously. So what is it that a CBBC could do

484
00:28:58,800 --> 00:29:01,720
Speaker 7: that ben Mo can't do? And all I get is

485
00:29:01,760 --> 00:29:03,720
Speaker 7: a bunch of handwaving. I get it. Well, maybe it's

486
00:29:03,720 --> 00:29:07,080
Speaker 7: better for financial inclusion, Maybe it's better for cross border

487
00:29:07,120 --> 00:29:09,200
Speaker 7: remittant says maybe, is there any evidence that it is?

488
00:29:09,880 --> 00:29:11,760
Speaker 7: And you know, they said, well, what about China, China's

489
00:29:11,800 --> 00:29:13,440
Speaker 7: doing it. Well, I can see why.

490
00:29:13,360 --> 00:29:14,120
Speaker 8: China would do it.

491
00:29:14,480 --> 00:29:17,080
Speaker 7: If they want to monitor every one of your transactions,

492
00:29:17,360 --> 00:29:19,360
Speaker 7: you could do that with the central bank digital currencies.

493
00:29:19,400 --> 00:29:21,760
Speaker 7: You can't do that with VENMO. If you want to

494
00:29:21,760 --> 00:29:24,120
Speaker 7: impose negative interest rates, you could do that with the

495
00:29:24,160 --> 00:29:26,240
Speaker 7: central bank digital currency. You can't do that with VENMO.

496
00:29:26,640 --> 00:29:29,360
Speaker 7: And if you want to direct the tax customer accounts,

497
00:29:29,400 --> 00:29:31,320
Speaker 7: you could do that with the central bank digital currency.

498
00:29:31,320 --> 00:29:33,560
Speaker 7: You can't do that with Venmo. But I get why

499
00:29:33,640 --> 00:29:36,960
Speaker 7: China would be interested. Why would the American people before that?

500
00:29:40,000 --> 00:29:43,680
Speaker 3: Okay, so let me explain what's happening back to the

501
00:29:43,720 --> 00:29:44,200
Speaker 3: next thode.

502
00:29:53,120 --> 00:29:53,920
Speaker 4: I need to click that.

503
00:29:56,000 --> 00:29:56,160
Speaker 9: Up.

504
00:29:57,160 --> 00:30:00,920
Speaker 4: Okay, okay.

505
00:30:01,920 --> 00:30:06,920
Speaker 3: So, since nineteen thirteen, our governance and management system in

506
00:30:06,960 --> 00:30:10,360
Speaker 3: the United States and most of the Western democracies has

507
00:30:10,440 --> 00:30:15,400
Speaker 3: consisted of private bankers running monetary policy, and the people's

508
00:30:15,480 --> 00:30:20,600
Speaker 3: representatives the legislature and the executive branch, who works and

509
00:30:20,640 --> 00:30:24,160
Speaker 3: reports to them and follows their implements their laws. It's

510
00:30:24,200 --> 00:30:27,480
Speaker 3: a balance of power between the people and the bankers,

511
00:30:28,120 --> 00:30:30,480
Speaker 3: and that is how our republic has more or less

512
00:30:30,480 --> 00:30:33,960
Speaker 3: functioned for many, many years. The process began after World

513
00:30:34,040 --> 00:30:37,360
Speaker 3: War Two to start to embed more and more secret

514
00:30:37,400 --> 00:30:39,560
Speaker 3: avenues for secret money within the budget.

515
00:30:39,600 --> 00:30:42,040
Speaker 4: That's where the trouble started.

516
00:30:42,040 --> 00:30:44,840
Speaker 3: There's a wonderful documentary that made in the Netherlands two

517
00:30:44,880 --> 00:30:48,160
Speaker 3: years ago called State of Control, and it explained sort

518
00:30:48,200 --> 00:30:50,200
Speaker 3: of the whole history if you're interested, and there's a

519
00:30:50,200 --> 00:30:53,280
Speaker 3: lot of history at Missing Money dot Seleary dot com

520
00:30:53,280 --> 00:30:59,280
Speaker 3: but suffice it to say what has happened is and

521
00:30:59,320 --> 00:31:04,280
Speaker 3: it started in nineteen ninety seven, in my opinion, and

522
00:31:04,360 --> 00:31:07,880
Speaker 3: the planning started before then. A decision was made by

523
00:31:07,880 --> 00:31:14,440
Speaker 3: the central bankers to literally assert control of the entire

524
00:31:14,560 --> 00:31:18,760
Speaker 3: fiscal line. Because if I can use AI and software

525
00:31:19,360 --> 00:31:24,640
Speaker 3: to implement a digital ID and an all digital monetary system,

526
00:31:25,240 --> 00:31:28,720
Speaker 3: and I can manage that centrally, just as Augustine Carson's

527
00:31:28,800 --> 00:31:31,360
Speaker 3: just told you, he can make the rules and enforce

528
00:31:31,400 --> 00:31:35,720
Speaker 3: them centrally, then I, as the Central bankers, can assume

529
00:31:35,800 --> 00:31:40,720
Speaker 3: not just control of monetary policy, but fiscal policy as well. Essentially,

530
00:31:40,800 --> 00:31:42,760
Speaker 3: I can just cut out Congress and I can cut

531
00:31:42,760 --> 00:31:46,040
Speaker 3: out the executive branch. Now, interestingly enough, we see the

532
00:31:46,120 --> 00:31:49,360
Speaker 3: new administration saying they want to file all the civil servants.

533
00:31:49,480 --> 00:31:52,520
Speaker 3: Civil servants are the people who obey Congress's rules and

534
00:31:52,560 --> 00:31:57,080
Speaker 3: report to Congress. You shift them out, and you put

535
00:31:57,080 --> 00:32:01,000
Speaker 3: in big tech contractors and defense contractors, and they're going

536
00:32:01,040 --> 00:32:04,240
Speaker 3: to report to the Central bankers and the intelligence agencies

537
00:32:04,280 --> 00:32:07,080
Speaker 3: who worked for them. So when I was Assistant Secretary

538
00:32:07,120 --> 00:32:10,040
Speaker 3: of Housing, I used to have month long fights with

539
00:32:10,160 --> 00:32:13,320
Speaker 3: the defense contractors to get the data I needed to

540
00:32:13,560 --> 00:32:16,680
Speaker 3: just see if my programs were in compliance with the law,

541
00:32:17,480 --> 00:32:19,440
Speaker 3: or get them into compliance with the law. I have

542
00:32:19,440 --> 00:32:22,560
Speaker 3: a story after story of my war with the big

543
00:32:22,560 --> 00:32:26,680
Speaker 3: corporate contractors. In twenty twelve, when the new populist government

544
00:32:26,720 --> 00:32:29,440
Speaker 3: came in and wanted to change policies, they discovered their

545
00:32:29,480 --> 00:32:34,840
Speaker 3: taxes were collected by private contractors who reported to the ECB,

546
00:32:35,000 --> 00:32:38,280
Speaker 3: and they couldn't control their own tax collections. And that's

547
00:32:38,320 --> 00:32:42,400
Speaker 3: what happens when you use digital technology in an all

548
00:32:42,520 --> 00:32:49,120
Speaker 3: digital monetary system to literally institute money that can give

549
00:32:49,240 --> 00:32:53,240
Speaker 3: the central bankers at a very central level complete control

550
00:32:53,240 --> 00:32:54,240
Speaker 3: of fiscal policy.

551
00:32:54,720 --> 00:32:55,360
Speaker 4: That is the.

552
00:32:55,360 --> 00:32:59,800
Speaker 3: Danger not just of CBDC, but of a private system

553
00:32:59,840 --> 00:33:02,440
Speaker 3: that does the same. So we see people talking about, well,

554
00:33:02,480 --> 00:33:06,920
Speaker 3: let's use currency, let's use private crypto. Interestingly enough, the

555
00:33:06,960 --> 00:33:14,640
Speaker 3: central bankers still have legal obligations of transparency to the Congress.

556
00:33:14,920 --> 00:33:17,760
Speaker 3: They are a creature, they were created by Congress. They

557
00:33:17,760 --> 00:33:22,640
Speaker 3: have transparency obligations, and Congress can still change their authorities

558
00:33:22,680 --> 00:33:26,520
Speaker 3: and powers. And before this system rolls out, the central

559
00:33:26,560 --> 00:33:31,400
Speaker 3: bankers would love to take the FED wire private.

560
00:33:32,520 --> 00:33:33,800
Speaker 4: And do this all privately.

561
00:33:34,000 --> 00:33:36,840
Speaker 3: And that is even more dangerous and much worse because

562
00:33:36,880 --> 00:33:39,840
Speaker 3: then you're talking about parties running it on a private

563
00:33:39,880 --> 00:33:45,000
Speaker 3: basis that have absolutely no obligations under the Constitution to

564
00:33:45,160 --> 00:33:48,320
Speaker 3: the people or their representatives. So at the heart of

565
00:33:48,360 --> 00:33:53,120
Speaker 3: this debate is who's going to control the fiscal line taxation,

566
00:33:53,280 --> 00:33:55,960
Speaker 3: who's going to control taxation and how our money is spent.

567
00:33:56,440 --> 00:33:59,640
Speaker 3: And I assure you, if you love freedom, you want

568
00:33:59,680 --> 00:34:02,440
Speaker 3: to make sure or the people's representatives continue to lead

569
00:34:03,080 --> 00:34:04,840
Speaker 3: and manage the fiscal line.

570
00:34:04,680 --> 00:34:05,120
Speaker 4: Of the House.

571
00:34:05,200 --> 00:34:08,600
Speaker 3: And that is why you want to stop a digital

572
00:34:08,600 --> 00:34:12,719
Speaker 3: ID and an all digital monetary system, whether it's a

573
00:34:12,800 --> 00:34:17,480
Speaker 3: public crypto, CBDC or private. So let's just look at

574
00:34:17,480 --> 00:34:21,600
Speaker 3: the next slide. I call this the twelve steps to

575
00:34:21,640 --> 00:34:25,000
Speaker 3: total control. If you walk around your life, your life

576
00:34:25,040 --> 00:34:29,040
Speaker 3: is being digitized. Your equipment in your home is being digitized.

577
00:34:29,120 --> 00:34:30,840
Speaker 3: Your car I just ran in a new car. It

578
00:34:30,920 --> 00:34:33,040
Speaker 3: was I had to put post notes all over the front.

579
00:34:33,040 --> 00:34:34,960
Speaker 4: It was so digitized and flashing at me.

580
00:34:36,239 --> 00:34:36,440
Speaker 1: You know.

581
00:34:36,480 --> 00:34:39,160
Speaker 4: But your transportation is being digitized.

582
00:34:39,239 --> 00:34:39,439
Speaker 7: Now.

583
00:34:39,480 --> 00:34:43,480
Speaker 3: The BIS is running a process to create a complete

584
00:34:43,520 --> 00:34:46,640
Speaker 3: inventory and all the assets in the world digital assets,

585
00:34:46,680 --> 00:34:51,520
Speaker 3: and they're going to tokenize them. We have smartphones, telecommunications, surveillance,

586
00:34:51,960 --> 00:34:54,600
Speaker 3: all of these can be very invasive, and it's amazing.

587
00:34:54,920 --> 00:34:57,520
Speaker 3: I spend so much time in my life with people say, well,

588
00:34:57,880 --> 00:34:59,680
Speaker 3: you know, I can live with a smart meter, it's

589
00:34:59,680 --> 00:35:01,840
Speaker 3: really not that much of a big problem. Or I

590
00:35:01,880 --> 00:35:05,040
Speaker 3: can live with my I like my smartphone. It's really convenient.

591
00:35:05,120 --> 00:35:07,320
Speaker 3: And you know, why do you make such a fuss

592
00:35:07,320 --> 00:35:09,840
Speaker 3: about QR codes. They're irritating, But I can live with

593
00:35:09,920 --> 00:35:12,680
Speaker 3: QR codes. Here's the thing on all of those things.

594
00:35:12,719 --> 00:35:16,560
Speaker 3: The problem is not each individual one. The problem is

595
00:35:16,600 --> 00:35:20,360
Speaker 3: the day you implement a digital ID and you implement

596
00:35:20,560 --> 00:35:27,319
Speaker 3: an all digital monetary system, guess what it synthesizes into

597
00:35:27,400 --> 00:35:30,400
Speaker 3: one integrated system, and your home.

598
00:35:30,400 --> 00:35:32,120
Speaker 4: Your car, your.

599
00:35:34,040 --> 00:35:39,040
Speaker 3: Community become a digital concentration camp. So let's let's go

600
00:35:39,160 --> 00:35:42,680
Speaker 3: back and look at what the pandemic looks like. If

601
00:35:42,719 --> 00:35:46,480
Speaker 3: I say you're going to lock down and you can't

602
00:35:46,719 --> 00:35:49,000
Speaker 3: leave your home except on Tuesday and Thursday to go

603
00:35:49,360 --> 00:35:54,359
Speaker 3: grocery shopping, your money won't work outside your home. If

604
00:35:54,520 --> 00:35:57,440
Speaker 3: I say, you know, I don't want you driving anywhere.

605
00:35:58,000 --> 00:36:00,359
Speaker 3: You know your electra. I can turn off your electricity.

606
00:36:00,760 --> 00:36:03,000
Speaker 3: You know, I can stop your electric car from working.

607
00:36:03,080 --> 00:36:06,359
Speaker 3: Some people say you can turn it off remotely. So

608
00:36:06,760 --> 00:36:11,520
Speaker 3: I have extraordinary control. If you misbehave, I can cut

609
00:36:11,600 --> 00:36:14,319
Speaker 3: or turn off your money. So we all know the

610
00:36:14,360 --> 00:36:17,799
Speaker 3: story of the Canadian truckers. We're talking about building a

611
00:36:17,840 --> 00:36:22,760
Speaker 3: system that allows the Canadian truckers to You know, now,

612
00:36:23,480 --> 00:36:27,200
Speaker 3: when the World Economic Forum says it's twenty thirty and

613
00:36:27,239 --> 00:36:30,680
Speaker 3: you have no assets, how are you going to operationalize that? Well,

614
00:36:30,680 --> 00:36:32,759
Speaker 3: I'll tell you how you're going to operationalize that.

615
00:36:33,239 --> 00:36:33,680
Speaker 4: If you have.

616
00:36:33,680 --> 00:36:38,160
Speaker 3: Total financial transaction control, you can pretty much figure out

617
00:36:38,160 --> 00:36:43,080
Speaker 3: how to inflate anybody's assets or even take them. I

618
00:36:43,120 --> 00:36:45,360
Speaker 3: often have people say, well, I have no assets. I

619
00:36:45,360 --> 00:36:49,319
Speaker 3: don't really care. I say, you have kids. They can

620
00:36:49,320 --> 00:36:51,839
Speaker 3: take those kids away, or they can mandate where they

621
00:36:51,840 --> 00:36:56,520
Speaker 3: go to school, or they can mandate their health policies. Okay,

622
00:36:56,680 --> 00:36:59,560
Speaker 3: so what can we do. There's a huge amount we

623
00:36:59,600 --> 00:37:02,680
Speaker 3: can do. I dare say, if I collected up every

624
00:37:02,760 --> 00:37:09,080
Speaker 3: portfolio and every retirement savings fund in this room of

625
00:37:09,200 --> 00:37:12,080
Speaker 3: everybody sitting here, if we could create an aggregate balance

626
00:37:12,080 --> 00:37:16,879
Speaker 3: seat and financial statement, guess who's financing the control grid?

627
00:37:17,920 --> 00:37:18,319
Speaker 4: We are.

628
00:37:19,680 --> 00:37:22,640
Speaker 3: We're investing in the companies building the control grid. Of course,

629
00:37:22,680 --> 00:37:25,640
Speaker 3: our taxes are financing the government to build the control grid.

630
00:37:26,000 --> 00:37:28,279
Speaker 3: If you look at the banks we deposit our money in,

631
00:37:28,719 --> 00:37:32,000
Speaker 3: we're banking the bank that did all the madeoff fraud

632
00:37:32,080 --> 00:37:33,920
Speaker 3: and was in complete control of the made offfront. We

633
00:37:34,000 --> 00:37:39,840
Speaker 3: keep banking with them. Our message to the companies building

634
00:37:39,840 --> 00:37:42,359
Speaker 3: the control grid, you know who are really running the

635
00:37:42,400 --> 00:37:45,520
Speaker 3: government is you know, as long as we get cut

636
00:37:45,560 --> 00:37:47,640
Speaker 3: in for a piece of the action, we'll support you.

637
00:37:48,719 --> 00:37:50,440
Speaker 4: Okay. Now, I have to tell you.

638
00:37:50,520 --> 00:37:52,400
Speaker 3: If everybody got up tomorrow and said, you know, the

639
00:37:52,400 --> 00:37:54,279
Speaker 3: New York Fed is leading this, we are pulling all

640
00:37:54,320 --> 00:37:55,920
Speaker 3: of our money out of the New York Fed beds

641
00:37:55,920 --> 00:37:59,640
Speaker 3: tomorrow we've had it, there would be a revolution. I

642
00:37:59,680 --> 00:38:02,480
Speaker 3: can't tell you how much power we have as individuals.

643
00:38:02,840 --> 00:38:05,759
Speaker 3: Control and freedom happen one person at a time. And

644
00:38:05,800 --> 00:38:08,280
Speaker 3: if you go through your balance sheet and your financial

645
00:38:08,360 --> 00:38:11,960
Speaker 3: statements or your actions, so if you come into solary,

646
00:38:12,000 --> 00:38:14,640
Speaker 3: one of our taglines is who's your bank or who's

647
00:38:14,640 --> 00:38:17,480
Speaker 3: your farmer? Where's your money? And are you supporting your

648
00:38:17,520 --> 00:38:18,240
Speaker 3: local sheriff?

649
00:38:18,400 --> 00:38:19,280
Speaker 4: Okay?

650
00:38:19,680 --> 00:38:22,480
Speaker 3: The powers not delegated to the federal government are reserved

651
00:38:22,480 --> 00:38:25,240
Speaker 3: to the states, and that is a provision that every

652
00:38:25,239 --> 00:38:27,880
Speaker 3: country in Europe has been a lot of time networking

653
00:38:27,880 --> 00:38:29,719
Speaker 3: and working in Europe. I live in Europe half of

654
00:38:29,719 --> 00:38:33,640
Speaker 3: the year. They would do anything to have our constitution.

655
00:38:33,800 --> 00:38:36,840
Speaker 3: They're so jealous. But the powers not delegated to the

656
00:38:36,880 --> 00:38:40,120
Speaker 3: federals are reserved to the states, and the states have

657
00:38:40,320 --> 00:38:42,520
Speaker 3: the power to do a great deal to stop this,

658
00:38:43,000 --> 00:38:45,759
Speaker 3: and they are acting and they are moving, and a

659
00:38:45,840 --> 00:38:48,080
Speaker 3: lot of the freedom fighters at the state level are

660
00:38:48,200 --> 00:38:53,000
Speaker 3: very enthusiastic about what's happening in terms of the Republicans

661
00:38:53,040 --> 00:38:56,160
Speaker 3: taking cur control in Washington, because that gives them far

662
00:38:56,200 --> 00:38:58,560
Speaker 3: more support to do something. So we have a real

663
00:38:58,600 --> 00:39:02,600
Speaker 3: window of opportunity. We just published something called what the

664
00:39:02,640 --> 00:39:05,799
Speaker 3: States can do Building the legal and financial infrastructure for

665
00:39:05,840 --> 00:39:09,560
Speaker 3: financial Freedom. We have a memo and all of these

666
00:39:09,640 --> 00:39:13,239
Speaker 3: were produced and written for state government officials and legislators.

667
00:39:13,719 --> 00:39:17,040
Speaker 3: What is financial transaction freedom, what threatens it, and what

668
00:39:17,040 --> 00:39:19,919
Speaker 3: can we do about it? And why a sovereign state

669
00:39:19,960 --> 00:39:22,359
Speaker 3: bank would be good for Tennessee a wonderful study by

670
00:39:22,440 --> 00:39:26,120
Speaker 3: Richard Warner, top academic scholar in the world. I believe

671
00:39:26,160 --> 00:39:30,640
Speaker 3: on central and central banking and backing. There are many solutions,

672
00:39:30,680 --> 00:39:32,960
Speaker 3: and there are now people in states who know what

673
00:39:33,080 --> 00:39:35,440
Speaker 3: to do and are doing that, and they need your

674
00:39:35,480 --> 00:39:38,400
Speaker 3: support and I have to tell you if the freedom

675
00:39:38,400 --> 00:39:42,040
Speaker 3: fighters at the state level can get your support, and

676
00:39:42,120 --> 00:39:44,719
Speaker 3: here's what it's going to come down to. We did

677
00:39:44,760 --> 00:39:47,319
Speaker 3: a backcasting on this layer with a group from North

678
00:39:47,400 --> 00:39:51,319
Speaker 3: anybody here from Idaho, from Northern Idaho. They have the

679
00:39:51,360 --> 00:39:54,960
Speaker 3: most wonderful legislators in Northern Idaho. We did a backcasting

680
00:39:55,040 --> 00:39:57,239
Speaker 3: and one of them said, look, I really want to

681
00:39:57,680 --> 00:40:00,719
Speaker 3: I really want to support the constitution, and I really

682
00:40:00,800 --> 00:40:03,839
Speaker 3: want to enforce the Constitution. But every year we send

683
00:40:03,880 --> 00:40:05,799
Speaker 3: a dollar to Washington and then we get a dollar

684
00:40:05,800 --> 00:40:09,920
Speaker 3: in nineteen cents back, and my constituency wants the nineteen cents,

685
00:40:11,640 --> 00:40:14,440
Speaker 3: and that nineteen cents buys us out of the law

686
00:40:14,680 --> 00:40:18,520
Speaker 3: outside the law, which is why I say instituting the

687
00:40:18,560 --> 00:40:22,000
Speaker 3: financial management laws is one of the most if we

688
00:40:22,200 --> 00:40:25,360
Speaker 3: want to be serious about turning the swamp, you know,

689
00:40:25,520 --> 00:40:28,520
Speaker 3: that's item number one. I just had a great meeting

690
00:40:28,560 --> 00:40:30,920
Speaker 3: with doctor Mark Skidmore. We were in Grand Rapids for

691
00:40:31,040 --> 00:40:33,840
Speaker 3: wonderful meet and greet, and he said, you know, a

692
00:40:33,880 --> 00:40:35,560
Speaker 3: lot of times I feel like I'm up here on

693
00:40:35,600 --> 00:40:38,480
Speaker 3: the fiftieth floor doing window dressing, and down in the

694
00:40:38,480 --> 00:40:40,799
Speaker 3: foundation they're digging a hole and the building's going to

695
00:40:40,800 --> 00:40:43,840
Speaker 3: fall over. So that's why we have to get deeply

696
00:40:43,920 --> 00:40:47,640
Speaker 3: into where's the money and what we do about it. Okay,

697
00:40:48,560 --> 00:40:51,080
Speaker 3: so we were talking about currency, but I want to

698
00:40:51,160 --> 00:40:54,000
Speaker 3: leave you with this message because remember, we don't have

699
00:40:54,040 --> 00:40:56,600
Speaker 3: a financial problem. What I will tell you is, if

700
00:40:56,600 --> 00:41:00,080
Speaker 3: we were free to re engineer the federal flows and

701
00:41:00,160 --> 00:41:02,960
Speaker 3: come back into compliance with the law, particularly with the

702
00:41:02,960 --> 00:41:07,399
Speaker 3: blessings of new technology, the wealth on this planet could

703
00:41:07,440 --> 00:41:10,160
Speaker 3: be so many multiples of what it is now that

704
00:41:10,239 --> 00:41:13,640
Speaker 3: words cannot express to you how expensive tyranny is. It

705
00:41:13,760 --> 00:41:16,360
Speaker 3: is a miracle that we have done this well despite

706
00:41:16,440 --> 00:41:18,440
Speaker 3: the drain of the tyranny.

707
00:41:18,440 --> 00:41:19,520
Speaker 4: It's quite remarkable.

708
00:41:19,520 --> 00:41:22,399
Speaker 3: And if you look at all the simulations I've done

709
00:41:22,440 --> 00:41:25,200
Speaker 3: of the federal finances over the last twenty and thirty years,

710
00:41:25,640 --> 00:41:28,399
Speaker 3: you know the price of tyranny is beyond what any

711
00:41:28,400 --> 00:41:31,000
Speaker 3: of us can imagine. So the if we can turn

712
00:41:31,040 --> 00:41:34,600
Speaker 3: this around, the opportunity is there. There's no financial problem

713
00:41:35,000 --> 00:41:37,359
Speaker 3: at the root of this. It's a political problem. It's

714
00:41:37,360 --> 00:41:40,480
Speaker 3: a governance problem. It's why I love with a school here.

715
00:41:40,560 --> 00:41:43,640
Speaker 3: That's what is it meant. It's got leadership in the title.

716
00:41:43,719 --> 00:41:46,520
Speaker 3: That's the exact important thing. But I want to leave

717
00:41:46,560 --> 00:41:49,080
Speaker 3: you with this quote, which comes from a Swiss doctor

718
00:41:49,400 --> 00:41:52,640
Speaker 3: who's trying to build parallel new systems in Switzerland. He says,

719
00:41:53,080 --> 00:41:56,640
Speaker 3: the currency of the future will be relationships of trust.

720
00:41:58,400 --> 00:42:01,600
Speaker 3: So I let it again with the Department of Justice

721
00:42:01,640 --> 00:42:03,880
Speaker 3: for eleven years. And when it started, they tried to

722
00:42:03,880 --> 00:42:06,239
Speaker 3: cut off all my income and all my credit and

723
00:42:06,280 --> 00:42:09,839
Speaker 3: take all my assets. It was quite a war, and

724
00:42:10,480 --> 00:42:13,480
Speaker 3: they I had an uncle and I sold him a

725
00:42:13,520 --> 00:42:17,640
Speaker 3: piece of our family farm to finance some of the attorneys.

726
00:42:17,760 --> 00:42:22,560
Speaker 3: And sure enough the Inspector General calls him and threatens me.

727
00:42:22,560 --> 00:42:24,760
Speaker 3: He says, your niece is a criminal and you shouldn't

728
00:42:24,760 --> 00:42:28,960
Speaker 3: help her. And then and they were asking for finances

729
00:42:28,960 --> 00:42:30,640
Speaker 3: on her family farm, and he said, well, I'll give

730
00:42:30,680 --> 00:42:32,600
Speaker 3: you all the finances, but I need a written letter

731
00:42:32,640 --> 00:42:33,320
Speaker 3: for my attorney.

732
00:42:33,320 --> 00:42:34,680
Speaker 4: I just want to make sure this is clean.

733
00:42:35,239 --> 00:42:38,560
Speaker 3: So that at nine o'clock at night in Portsmouth, New Hampshire,

734
00:42:38,560 --> 00:42:41,640
Speaker 3: they show up with three FBI guys and a guy

735
00:42:41,640 --> 00:42:43,919
Speaker 3: from the hut Eye g with a subpoena, just trying

736
00:42:43,920 --> 00:42:46,440
Speaker 3: to scare him to death. So our family had a

737
00:42:46,480 --> 00:42:49,520
Speaker 3: big meeting and said, you know, should we cut her off?

738
00:42:50,239 --> 00:42:51,200
Speaker 4: You know, because we don't want.

739
00:42:51,400 --> 00:42:54,279
Speaker 3: We don't want these guys coming after us. And my

740
00:42:54,360 --> 00:42:59,160
Speaker 3: uncle said, well, you know, she helped everybody all along

741
00:42:59,520 --> 00:43:01,920
Speaker 3: and so so she's always helped us. I'm not going

742
00:43:01,960 --> 00:43:03,680
Speaker 3: to cut her off. It turned out I'd never done

743
00:43:03,680 --> 00:43:07,840
Speaker 3: the numbers. But in this process what I had discovered

744
00:43:07,920 --> 00:43:11,239
Speaker 3: is over the prior twenty years, I had lent or

745
00:43:11,320 --> 00:43:14,280
Speaker 3: gifted to family and friends a quarter of a million dollars.

746
00:43:16,040 --> 00:43:18,920
Speaker 3: And I litigated with the federal government for eleven years.

747
00:43:18,960 --> 00:43:21,920
Speaker 3: And over the next eleven years, you know, everybody got

748
00:43:21,920 --> 00:43:23,719
Speaker 3: together and said, well, I guess she needs some money back.

749
00:43:24,480 --> 00:43:28,520
Speaker 3: So they got together and I didn't count it up

750
00:43:28,600 --> 00:43:31,640
Speaker 3: until we won the litigation, and they owed my company

751
00:43:31,640 --> 00:43:33,280
Speaker 3: a great deal of money. So I got the money,

752
00:43:33,600 --> 00:43:35,440
Speaker 3: and I was trying to pay everybody back, and I

753
00:43:35,480 --> 00:43:38,360
Speaker 3: did the calculations, and I realized over that eleven years

754
00:43:40,120 --> 00:43:44,600
Speaker 3: I had been repaid or gifted exactly to the penny,

755
00:43:45,040 --> 00:43:48,120
Speaker 3: two hundred and fifty thousand dollars, and I would never

756
00:43:48,560 --> 00:43:51,600
Speaker 3: have made it if it hadn't been for those funds

757
00:43:52,239 --> 00:43:54,800
Speaker 3: and my CPA when we got the money and she said, okay,

758
00:43:55,440 --> 00:43:56,399
Speaker 3: you know you stripped out.

759
00:43:56,440 --> 00:43:59,560
Speaker 4: I had to. I had to play. I had had

760
00:43:59,560 --> 00:44:00,239
Speaker 4: to cancel that.

761
00:44:00,400 --> 00:44:02,400
Speaker 3: They put my four toh one k under audit so

762
00:44:02,400 --> 00:44:04,560
Speaker 3: I couldn't use it to finance the company. So I

763
00:44:04,600 --> 00:44:07,280
Speaker 3: busted at paid two hundred and twenty five thousand taxes

764
00:44:07,560 --> 00:44:10,200
Speaker 3: and use the remaining money for just make work compliance.

765
00:44:10,239 --> 00:44:11,920
Speaker 3: It was sort of a dirty trick they do to you,

766
00:44:12,440 --> 00:44:15,279
Speaker 3: And if you've been watching Trump, you learn a lot

767
00:44:15,280 --> 00:44:17,919
Speaker 3: about how the game is played. But anyway, she said,

768
00:44:18,000 --> 00:44:19,879
Speaker 3: let's fund up the four to one K, and I said,

769
00:44:20,719 --> 00:44:23,319
Speaker 3: I'm never going into business with the federal government again.

770
00:44:23,640 --> 00:44:25,680
Speaker 3: We're going to take that five hundred thousand and I'm

771
00:44:25,719 --> 00:44:27,960
Speaker 3: going to bonus it out on the People Bank because

772
00:44:27,960 --> 00:44:31,560
Speaker 3: that's the only bank I trust. So the question when

773
00:44:31,600 --> 00:44:34,880
Speaker 3: people ask me how they protect their assets, my question

774
00:44:34,960 --> 00:44:37,840
Speaker 3: to you is the next four to eight to twelve

775
00:44:37,880 --> 00:44:41,040
Speaker 3: years is going to be rocky. Who can you count on?

776
00:44:41,960 --> 00:44:44,960
Speaker 3: Who's going to be there for you? Who in your family?

777
00:44:45,200 --> 00:44:46,080
Speaker 3: Your children?

778
00:44:46,320 --> 00:44:46,480
Speaker 7: You know.

779
00:44:46,560 --> 00:44:50,239
Speaker 3: I used to have investors tell me I can't you know,

780
00:44:50,800 --> 00:44:53,200
Speaker 3: my financial planner says I need at least twenty five

781
00:44:53,200 --> 00:44:55,480
Speaker 3: million dollars in my brokerage account, so I can't afford

782
00:44:55,480 --> 00:44:57,719
Speaker 3: my kids to go to college. I can't help them

783
00:44:58,160 --> 00:45:00,400
Speaker 3: and I can't help them buy a house. I said,

784
00:45:00,760 --> 00:45:02,799
Speaker 3: you don't understand who's going to be there, who you

785
00:45:02,840 --> 00:45:03,400
Speaker 3: can count on.

786
00:45:03,640 --> 00:45:04,880
Speaker 4: That's who you've got to finance.

787
00:45:04,960 --> 00:45:08,920
Speaker 3: So are we financing the control grid or are we

788
00:45:08,960 --> 00:45:12,720
Speaker 3: financing the future of human civilization or freedom? If you're here,

789
00:45:13,239 --> 00:45:16,000
Speaker 3: you're making a mighty contribution to the future of freedom

790
00:45:16,120 --> 00:45:20,160
Speaker 3: because you're supporting Hillsdale. So, ladies and gentlemen, thank you

791
00:45:20,200 --> 00:45:22,960
Speaker 3: for the opportunity to be here today. Thank you for

792
00:45:23,000 --> 00:45:25,560
Speaker 3: the opportunity to have this conversation. We have a little

793
00:45:25,600 --> 00:45:26,520
Speaker 3: bit of time for Q and A.

794
00:45:46,160 --> 00:45:48,360
Speaker 4: Thank you, missus Fitz. We now have time for Q

795
00:45:48,520 --> 00:45:48,719
Speaker 4: and A.

796
00:45:49,080 --> 00:45:51,160
Speaker 9: If you have a question, please make your way to

797
00:45:51,200 --> 00:45:52,120
Speaker 9: one of the microphones.

798
00:45:52,440 --> 00:45:59,080
Speaker 4: Student questions will be given preference. Thank you. Thank you

799
00:45:59,120 --> 00:46:02,200
Speaker 4: for this report. It's very informative.

800
00:46:02,239 --> 00:46:04,239
Speaker 8: You can see a lot of people came because we

801
00:46:04,280 --> 00:46:07,160
Speaker 8: want to hear what you have to say. This may

802
00:46:07,160 --> 00:46:09,680
Speaker 8: be a difficult question to answer, but for you maybe not.

803
00:46:12,320 --> 00:46:14,920
Speaker 8: A lot of it has been said about Elon Musk

804
00:46:15,719 --> 00:46:20,319
Speaker 8: coming in and cutting the national budget, finding ways the

805
00:46:20,360 --> 00:46:21,720
Speaker 8: government can save money.

806
00:46:22,960 --> 00:46:26,160
Speaker 4: Can you foresee that touching.

807
00:46:25,800 --> 00:46:30,000
Speaker 8: Any of the hidden accounts, the dirty money?

808
00:46:30,640 --> 00:46:33,319
Speaker 4: So Elon Musk is a defense contractor.

809
00:46:35,960 --> 00:46:42,919
Speaker 3: So if you listen to much of the discussion, the

810
00:46:42,960 --> 00:46:46,040
Speaker 3: criticism is the governments have been run by defense contractors

811
00:46:46,040 --> 00:46:47,560
Speaker 3: and we need to change. But if you look at

812
00:46:47,600 --> 00:46:51,600
Speaker 3: who we're bringing in, whether it's Peter Tiealen Pallenteer or

813
00:46:51,640 --> 00:46:54,440
Speaker 3: it's Elon Musk, we're bringing in sort of defense contractor

814
00:46:54,480 --> 00:47:02,239
Speaker 3: two point zero. So my right now, Elon Musk is

815
00:47:02,280 --> 00:47:07,200
Speaker 3: a very fashionable character. I think he knows nothing about

816
00:47:07,520 --> 00:47:11,440
Speaker 3: the nuts and bolts of operating government successfully. That doesn't

817
00:47:11,480 --> 00:47:14,400
Speaker 3: mean he can't bring innovation and creativity to the table.

818
00:47:14,480 --> 00:47:16,840
Speaker 3: But if I told you I was bringing in a

819
00:47:16,880 --> 00:47:21,040
Speaker 3: defense contractor from Silicon Valley to do Norris surgery on

820
00:47:21,080 --> 00:47:22,520
Speaker 3: your children, how would you feel?

821
00:47:23,400 --> 00:47:23,600
Speaker 4: Right?

822
00:47:23,680 --> 00:47:27,120
Speaker 3: Okay, So there is something to be said for people

823
00:47:27,200 --> 00:47:32,000
Speaker 3: who understand the federal bureaucracy is very complex and if

824
00:47:32,000 --> 00:47:33,719
Speaker 3: you take a hatchet to it, you can do more

825
00:47:33,719 --> 00:47:36,880
Speaker 3: harm than good, and you can also help the deep state.

826
00:47:37,160 --> 00:47:39,799
Speaker 4: So if I wanted to.

827
00:47:39,719 --> 00:47:42,319
Speaker 3: Put the central bankers in control, I would replace the

828
00:47:42,360 --> 00:47:48,839
Speaker 3: civil Service with all big tech and all defense contractors.

829
00:47:48,840 --> 00:47:52,640
Speaker 3: In fact, they're already in place. You have Amazon running

830
00:47:52,760 --> 00:47:57,239
Speaker 3: the CIA cloud, with the seventeen intelligence agencies all in

831
00:47:57,239 --> 00:48:00,160
Speaker 3: that cloud. You have them now over at Doto, you

832
00:48:00,200 --> 00:48:03,319
Speaker 3: with Oracle and Google, and you can literally, if you

833
00:48:03,320 --> 00:48:05,360
Speaker 3: get rid of the civil service, you can re engineer

834
00:48:05,440 --> 00:48:09,560
Speaker 3: the entire federal government essentially to report to the central bankers. Now,

835
00:48:09,560 --> 00:48:12,680
Speaker 3: there's been a tremendous corruption of the civil service over

836
00:48:12,680 --> 00:48:15,880
Speaker 3: the last ten to twenty years, but they can certainly

837
00:48:15,880 --> 00:48:22,760
Speaker 3: be reformed, and huge amounts of responsibility can be delegated

838
00:48:23,000 --> 00:48:27,800
Speaker 3: to the local governments and decentralized. So there's a great

839
00:48:27,840 --> 00:48:31,640
Speaker 3: deal that can be done to re engineer government in

840
00:48:31,680 --> 00:48:35,080
Speaker 3: a way that's very efficient, good for everybody. Leaves the

841
00:48:35,120 --> 00:48:39,279
Speaker 3: people's representative in charge of fiscal policy. Well, Elon Musk

842
00:48:39,360 --> 00:48:39,680
Speaker 3: do it.

843
00:48:39,760 --> 00:48:40,399
Speaker 4: I don't know.

844
00:48:40,560 --> 00:48:44,480
Speaker 3: I'm a skeptic. I'm not an Elon Musk fan. Because

845
00:48:44,520 --> 00:48:47,000
Speaker 3: anybody wants to put a mesh network in the back

846
00:48:47,040 --> 00:48:49,040
Speaker 3: of my head and hook me up to his satellites,

847
00:48:49,560 --> 00:48:52,960
Speaker 3: I mean, let's go back to this. I just want

848
00:48:53,000 --> 00:48:57,400
Speaker 3: to go back to this chart. Okay, So we have

849
00:48:57,480 --> 00:49:00,879
Speaker 3: the digital idea, we have the all digital money, and

850
00:49:01,080 --> 00:49:03,240
Speaker 3: with a mesh network in the back of my head

851
00:49:03,560 --> 00:49:06,600
Speaker 3: hooked up to a satellite, you know, I think I

852
00:49:06,640 --> 00:49:11,440
Speaker 3: think we know where that's going. Okay, So I can't

853
00:49:11,480 --> 00:49:17,560
Speaker 3: say I'm enthusiastic about that process. Now, if it's transparent process,

854
00:49:18,080 --> 00:49:20,520
Speaker 3: there are many great things that an Elon Musk could

855
00:49:20,520 --> 00:49:23,400
Speaker 3: say and do and you know, and they're worth a

856
00:49:23,480 --> 00:49:28,440
Speaker 3: discussion as long as the changes are made in compliance

857
00:49:28,440 --> 00:49:31,400
Speaker 3: with the Constitution. I have not heard one person on

858
00:49:31,440 --> 00:49:35,480
Speaker 3: the transition team talk about FASB fifty six and taking

859
00:49:35,520 --> 00:49:38,680
Speaker 3: the book stark, or talk about bringing us back into

860
00:49:38,719 --> 00:49:42,239
Speaker 3: compliance with the financial management laws. And what I will

861
00:49:42,239 --> 00:49:44,600
Speaker 3: tell you is an until unless we have that conversation

862
00:49:44,640 --> 00:49:46,799
Speaker 3: and do that, this is all sort of a.

863
00:49:49,080 --> 00:49:49,319
Speaker 4: Coup.

864
00:49:51,000 --> 00:49:55,440
Speaker 3: Okay, Now, I just want to bring something up right now.

865
00:49:55,480 --> 00:49:59,160
Speaker 3: There is a tremendous effort to sell conservatives and the

866
00:49:59,200 --> 00:50:03,120
Speaker 3: heartland a digital id by telling you that that's how

867
00:50:03,120 --> 00:50:05,319
Speaker 3: we solve election fraud and.

868
00:50:07,120 --> 00:50:07,640
Speaker 4: Immigration.

869
00:50:08,440 --> 00:50:10,239
Speaker 3: And what I have to tell you is we had

870
00:50:10,320 --> 00:50:14,800
Speaker 3: great border control and we had good elections before digital

871
00:50:14,840 --> 00:50:20,400
Speaker 3: technology existed. Okay, So don't fall for it because we

872
00:50:20,480 --> 00:50:23,080
Speaker 3: don't need it for elections, We don't need it for

873
00:50:23,120 --> 00:50:26,239
Speaker 3: the border. It can be useful, there's nothing wrong with it,

874
00:50:26,680 --> 00:50:30,400
Speaker 3: But if you are buying into you know, the fifty

875
00:50:30,480 --> 00:50:33,960
Speaker 3: seven varieties of marketing the digital ID. That is what

876
00:50:34,719 --> 00:50:37,600
Speaker 3: the next step is. And if they get that, they're

877
00:50:37,800 --> 00:50:41,200
Speaker 3: very close to getting the whole shebang. So can Elon

878
00:50:41,320 --> 00:50:43,920
Speaker 3: Musk come up with some great ideas? He apparently I

879
00:50:44,000 --> 00:50:47,360
Speaker 3: just saw a headline he's proposing that we stop funding

880
00:50:47,360 --> 00:50:49,919
Speaker 3: the Who What a great idea and a great money saver.

881
00:50:50,120 --> 00:50:54,279
Speaker 3: So I think I told everybody on November sixth, the

882
00:50:54,360 --> 00:50:58,680
Speaker 3: campaign starts on November six We have to campaign every

883
00:50:58,760 --> 00:51:03,320
Speaker 3: day from here on out for freedom. And it's funny

884
00:51:03,560 --> 00:51:09,040
Speaker 3: Congressman Massey, who I absolutely adore. He's constantly saying, shut

885
00:51:09,120 --> 00:51:12,400
Speaker 3: down the FED. And I'm always saying to Congressman Massey,

886
00:51:12,440 --> 00:51:15,000
Speaker 3: wait a minute, who gets the FED wire number one?

887
00:51:15,080 --> 00:51:15,719
Speaker 4: And number two?

888
00:51:15,719 --> 00:51:17,680
Speaker 3: If you shut down the FED before you get the

889
00:51:17,719 --> 00:51:20,000
Speaker 3: twenty one trillion dollars back, they get to keep it,

890
00:51:20,480 --> 00:51:24,359
Speaker 3: so don't help them. And he was a great We're

891
00:51:24,360 --> 00:51:26,799
Speaker 3: at a conference together at Polyface Farm.

892
00:51:26,800 --> 00:51:28,440
Speaker 4: And he said we should shut down the FED.

893
00:51:28,480 --> 00:51:30,000
Speaker 3: And then he looked over at me, glaring and me

894
00:51:30,000 --> 00:51:34,400
Speaker 3: he said, after Catherine gets her money back, does that

895
00:51:34,480 --> 00:51:35,280
Speaker 3: answer your question?

896
00:51:36,000 --> 00:51:37,680
Speaker 4: Okay?

897
00:51:38,920 --> 00:51:43,080
Speaker 10: Okay, great, okay. Thank you so much for all of

898
00:51:43,120 --> 00:51:46,360
Speaker 10: the information and creating such a great awareness in this space,

899
00:51:47,200 --> 00:51:50,080
Speaker 10: and I personally am in awe. You shared some ideas

900
00:51:50,120 --> 00:51:53,880
Speaker 10: about what we can do, you know, develop close relationships

901
00:51:54,000 --> 00:51:58,040
Speaker 10: that we we need over time support Hillsdale. You gave

902
00:51:58,080 --> 00:52:00,520
Speaker 10: us some other ideas about stage doing work. They're like,

903
00:52:00,560 --> 00:52:03,359
Speaker 10: what three things asides from those? I mean, are there

904
00:52:03,360 --> 00:52:05,960
Speaker 10: advocacy groups or yes, tory about this?

905
00:52:06,040 --> 00:52:09,040
Speaker 3: There are tremendous numbers of things you can do. And

906
00:52:09,040 --> 00:52:10,560
Speaker 3: that's why I referre to you to I want to

907
00:52:10,560 --> 00:52:13,839
Speaker 3: stop CBDC, what can you do? Or the financial Transaction Memo,

908
00:52:13,880 --> 00:52:16,480
Speaker 3: because there are lots and lots of lists, and it's

909
00:52:16,480 --> 00:52:18,680
Speaker 3: important that each of us do what we're called to

910
00:52:18,760 --> 00:52:21,480
Speaker 3: do and we feel comfortable doing. And there are many things.

911
00:52:21,960 --> 00:52:24,920
Speaker 3: The first thing you can do is prayer. So I

912
00:52:25,000 --> 00:52:27,719
Speaker 3: really believe in the power of prayer. And when this

913
00:52:27,880 --> 00:52:31,160
Speaker 3: many people have to gather and work together. Prayer really

914
00:52:32,200 --> 00:52:34,560
Speaker 3: it just really helps. So the first thing I would

915
00:52:34,600 --> 00:52:36,920
Speaker 3: do is pray. The second thing I would do is

916
00:52:36,960 --> 00:52:40,040
Speaker 3: I would look at your finances and make sure your

917
00:52:40,120 --> 00:52:44,640
Speaker 3: finances are protected from the evil doers. Okay, you need

918
00:52:44,680 --> 00:52:47,160
Speaker 3: to be strong, and that means you need to strip

919
00:52:47,160 --> 00:52:50,520
Speaker 3: out of your life. You need to stop doing business

920
00:52:50,520 --> 00:52:53,480
Speaker 3: with criminals. And you need to stop financing criminals. Okay,

921
00:52:53,840 --> 00:52:58,080
Speaker 3: so you need a successful, excellent bank that's not a criminal.

922
00:52:58,160 --> 00:53:00,480
Speaker 3: You need to make sure your money is going into

923
00:53:00,520 --> 00:53:03,160
Speaker 3: things that you're proud of and feel comfortable with. And

924
00:53:03,200 --> 00:53:06,040
Speaker 3: that's a matter of going through your finances. We did

925
00:53:06,200 --> 00:53:09,480
Speaker 3: a great financial rebellion on PhD called how to Preserve

926
00:53:09,520 --> 00:53:11,680
Speaker 3: Your Cash in twenty twenty two, and then another one

927
00:53:11,719 --> 00:53:14,520
Speaker 3: on how to Preserve your Cash in twenty twenty three.

928
00:53:15,080 --> 00:53:17,160
Speaker 3: One of the things I will tell you, having worked

929
00:53:17,200 --> 00:53:22,520
Speaker 3: with many families, is there is an under investment in

930
00:53:22,560 --> 00:53:26,200
Speaker 3: this country in what I call living equity. Okay, So

931
00:53:26,360 --> 00:53:29,959
Speaker 3: all wealth comes from life. It comes from strong, healthy kids,

932
00:53:30,000 --> 00:53:33,680
Speaker 3: It comes from the soil, it comes from the living

933
00:53:33,760 --> 00:53:36,880
Speaker 3: things around us, and then it comes from great family

934
00:53:37,000 --> 00:53:41,279
Speaker 3: enterprises that do something useful for many decades and generations

935
00:53:41,560 --> 00:53:45,520
Speaker 3: and creates that wealth. And everybody has an opportunity in

936
00:53:45,560 --> 00:53:48,839
Speaker 3: their life to invest in the living equity around them.

937
00:53:49,200 --> 00:53:51,239
Speaker 3: So one of the most important things is how can

938
00:53:51,280 --> 00:53:54,959
Speaker 3: you build a healthy, local fresh food system. And that's

939
00:53:55,000 --> 00:53:58,239
Speaker 3: not necessarily to make money. That's to make sure that

940
00:53:58,280 --> 00:54:01,680
Speaker 3: you're not poisoned. Deteriation in the food system in this

941
00:54:01,760 --> 00:54:07,320
Speaker 3: country is scary and unless we build you know, healthy land,

942
00:54:07,400 --> 00:54:11,160
Speaker 3: rebuild the soil, and really build up regenerative farming and

943
00:54:11,200 --> 00:54:15,480
Speaker 3: local food markets. The last thing you can do is

944
00:54:16,160 --> 00:54:18,480
Speaker 3: we have a wonderful piece at Hilary about how to

945
00:54:18,520 --> 00:54:22,040
Speaker 3: get to know and support your state legislators. You have

946
00:54:22,280 --> 00:54:24,840
Speaker 3: great I just Cindy, can I pick on you? Where's

947
00:54:24,880 --> 00:54:26,160
Speaker 3: Cindy Sidey?

948
00:54:26,160 --> 00:54:27,040
Speaker 4: Where are you? Okay?

949
00:54:27,480 --> 00:54:29,560
Speaker 3: I just had one of the most awesome meetings in

950
00:54:29,600 --> 00:54:33,640
Speaker 3: my life with Cindy's daughter and her colleagues. In Indiana,

951
00:54:34,200 --> 00:54:39,480
Speaker 3: you have great government officials, great treasurers, great ags, particularly

952
00:54:39,480 --> 00:54:43,560
Speaker 3: the conservative ones, great legislators. There's a regenerative farmer in

953
00:54:43,560 --> 00:54:48,799
Speaker 3: Indiana's going in fabulous, a great lieutenant governor whose dad

954
00:54:48,880 --> 00:54:50,200
Speaker 3: was chaplain in Hillsdale.

955
00:54:50,600 --> 00:54:51,680
Speaker 4: It was unbelievable.

956
00:54:51,800 --> 00:54:54,520
Speaker 3: And anyway, so you have these great leaders, and if

957
00:54:54,560 --> 00:54:57,280
Speaker 3: you go to the state houses, all the bad guys

958
00:54:57,440 --> 00:55:01,080
Speaker 3: are they're working them, and the good guys busy doing

959
00:55:01,120 --> 00:55:04,120
Speaker 3: their business, they're nowhere to be found. So find your

960
00:55:04,200 --> 00:55:07,400
Speaker 3: great state legislators and support them. If you don't know

961
00:55:07,440 --> 00:55:09,919
Speaker 3: how to do that, find the activist groups that can.

962
00:55:10,520 --> 00:55:13,800
Speaker 3: So yesterday in Indiana we met through the auspices of

963
00:55:13,880 --> 00:55:17,560
Speaker 3: Leah Wilson at Stand for Health Freedom unbelievable group, gotten

964
00:55:17,600 --> 00:55:18,720
Speaker 3: a huge amount done.

965
00:55:18,880 --> 00:55:19,719
Speaker 4: There are groups like this.

966
00:55:19,920 --> 00:55:22,120
Speaker 3: Western Price is one of the great anybody here a

967
00:55:22,200 --> 00:55:27,440
Speaker 3: member of Western Price Great food group. So find the

968
00:55:27,520 --> 00:55:32,080
Speaker 3: groups that are really fighting for financial freedom or health

969
00:55:32,120 --> 00:55:33,400
Speaker 3: freedom or food freedom.

970
00:55:34,120 --> 00:55:35,920
Speaker 4: One of the things we've always done.

971
00:55:36,040 --> 00:55:40,000
Speaker 3: Is support the food freedom guys, because you can't control

972
00:55:40,040 --> 00:55:43,240
Speaker 3: the financial transactions unless you centralize control of the food.

973
00:55:43,840 --> 00:55:47,000
Speaker 3: And unfortunately, if you get financial freedom, it'll it'll give

974
00:55:47,040 --> 00:55:49,960
Speaker 3: you complete control of the food. So anyway, there are

975
00:55:50,040 --> 00:55:53,480
Speaker 3: hundreds of things I would access those resources, but again,

976
00:55:53,560 --> 00:55:56,040
Speaker 3: do the thing that you're most called to do and

977
00:55:56,120 --> 00:55:59,160
Speaker 3: is energizing for you. And I assure you, you know

978
00:55:59,400 --> 00:56:04,120
Speaker 3: we these ideas can keep you busy because part of

979
00:56:04,160 --> 00:56:05,080
Speaker 3: the thing is, if.

980
00:56:05,120 --> 00:56:06,920
Speaker 4: I call it operation pushback.

981
00:56:07,560 --> 00:56:10,279
Speaker 3: You know, in twenty twenty we said something's wrong, but

982
00:56:10,320 --> 00:56:13,480
Speaker 3: we're afraid. In twenty twenty one we said something doesn't

983
00:56:13,480 --> 00:56:16,000
Speaker 3: sound right. In twenty twenty two said okay, we're going

984
00:56:16,080 --> 00:56:18,600
Speaker 3: to take action. And then in twenty twenty three the

985
00:56:18,640 --> 00:56:22,319
Speaker 3: lawsuits started and the treasurers started coming together, and the

986
00:56:22,360 --> 00:56:24,920
Speaker 3: ages started to come together. And now if you look

987
00:56:24,960 --> 00:56:28,360
Speaker 3: at this, many of those people are inspired in galvanized

988
00:56:28,400 --> 00:56:30,800
Speaker 3: by the new administration and they are rocking and rolling.

989
00:56:31,120 --> 00:56:33,759
Speaker 3: And what I want to tell you is you want

990
00:56:33,760 --> 00:56:35,799
Speaker 3: to come over onto the freedom fighters because we are

991
00:56:35,840 --> 00:56:38,759
Speaker 3: having fun. It is really fun and it's a great

992
00:56:38,760 --> 00:56:45,279
Speaker 3: group of people. So so what state are you in? Ooh,

993
00:56:45,360 --> 00:56:46,560
Speaker 3: you got tough politics?

994
00:56:46,560 --> 00:56:46,759
Speaker 7: Here?

995
00:56:49,080 --> 00:56:52,360
Speaker 4: They're there, They're there. We got we Yeah, they're there.

996
00:56:53,280 --> 00:56:54,920
Speaker 4: I've got time for one more question.

997
00:56:56,000 --> 00:56:58,160
Speaker 9: Hi, I want to thank you for your talk. By

998
00:56:58,160 --> 00:57:02,120
Speaker 9: the way, I wanted to ask just quick hypothetical. Should

999
00:57:02,239 --> 00:57:05,280
Speaker 9: this end up in the digital space where we're stuck

1000
00:57:05,320 --> 00:57:12,400
Speaker 9: in a digital centralized currency? What happens hypothetically in a

1001
00:57:12,480 --> 00:57:15,359
Speaker 9: case like what just happened in North Carolina where there

1002
00:57:15,480 --> 00:57:19,959
Speaker 9: is no digital footprint after a disaster or something like that,

1003
00:57:20,320 --> 00:57:23,280
Speaker 9: when you know people who didn't actually have cash on

1004
00:57:23,440 --> 00:57:27,440
Speaker 9: hand couldn't go to the hardware store. So what happens

1005
00:57:27,920 --> 00:57:30,840
Speaker 9: you know in e MP as a potential situation where

1006
00:57:30,880 --> 00:57:34,320
Speaker 9: you don't have the digital infrastructure all of a sudden.

1007
00:57:34,080 --> 00:57:38,160
Speaker 3: So you either build local currencies in a Barterer network

1008
00:57:39,400 --> 00:57:45,760
Speaker 3: or you basically you know, it's voluntary cooperation, and then

1009
00:57:45,800 --> 00:57:50,400
Speaker 3: you scale up to barter and local currencies. If you

1010
00:57:50,520 --> 00:57:54,720
Speaker 3: don't have that kind of infrastructure or create it and

1011
00:57:54,800 --> 00:57:57,040
Speaker 3: with it create the food, energy, you know, other things.

1012
00:57:57,040 --> 00:57:57,880
Speaker 4: You need to have.

1013
00:57:57,800 --> 00:58:02,200
Speaker 3: Basic, real assets that will support that. The speed at

1014
00:58:02,240 --> 00:58:06,040
Speaker 3: which your land will be grabbed will take your breath away.

1015
00:58:06,120 --> 00:58:08,800
Speaker 3: And that is what we see happening in North Carolina.

1016
00:58:08,880 --> 00:58:11,400
Speaker 3: That is what is underway, an attempt to grab a

1017
00:58:11,400 --> 00:58:14,280
Speaker 3: lot of land. And it's been you know, I have

1018
00:58:14,360 --> 00:58:17,680
Speaker 3: to say, because this is Veteran's Day. And if you

1019
00:58:17,760 --> 00:58:20,919
Speaker 3: look at what our retired vets and servicemen have done

1020
00:58:21,080 --> 00:58:25,040
Speaker 3: in East Tennessee and Northern CAROLINEA, it just it makes

1021
00:58:25,040 --> 00:58:29,280
Speaker 3: you love and be so grateful you're an American. And

1022
00:58:29,640 --> 00:58:33,520
Speaker 3: it's through that impulse that things are working. And that's

1023
00:58:33,520 --> 00:58:35,520
Speaker 3: why I say the currency of the future will be

1024
00:58:35,600 --> 00:58:39,840
Speaker 3: relationships of trust. When that time comes, what's important is

1025
00:58:39,880 --> 00:58:42,560
Speaker 3: who knows you, who has a relationship with you?

1026
00:58:43,000 --> 00:58:44,439
Speaker 4: What can you do to help each other?

1027
00:58:45,720 --> 00:58:48,760
Speaker 3: Okay, ladies and gentlemen, thank you very much for the

1028
00:58:48,800 --> 00:58:53,160
Speaker 3: opportunity to be here at Hillsday Your Life for Michael.

1029
00:58:52,920 --> 00:58:57,720
Speaker 2: Berry Showing podcast. Please tell one friend, and if you're

1030
00:58:57,720 --> 00:59:03,600
Speaker 2: so inclined, write a nice review of our podcast. Comments, suggestions, questions,

1031
00:59:03,640 --> 00:59:07,520
Speaker 2: and interest in being a corporate sponsor and partner can

1032
00:59:07,560 --> 00:59:11,000
Speaker 2: be communicated directly to the show at our email address,

1033
00:59:11,640 --> 00:59:16,560
Speaker 2: Michael at Michael Berryshow dot com, or simply by clicking

1034
00:59:16,560 --> 00:59:21,240
Speaker 2: on our website Michael Berryshow dot com. The Michael Berry

1035
00:59:21,240 --> 00:59:25,439
Speaker 2: Show and Podcast is produced by Ramon Roebliss, The King

1036
00:59:25,480 --> 00:59:35,600
Speaker 2: of Ding. Executive producer is Chad Nakanishi. Jim Mudd is

1037
00:59:35,640 --> 00:59:41,960
Speaker 2: the creative director. Voices Jingles, Tomfoolery and Shenanigans are provided

1038
00:59:42,120 --> 00:59:47,560
Speaker 2: by Chance McLain. Director of Research is Sandy Peterson. Emily

1039
00:59:47,600 --> 00:59:53,959
Speaker 2: Bull is our assistant listener and superfan. Contributions are appreciated

1040
00:59:54,240 --> 00:59:59,280
Speaker 2: and often incorporated into our production. Where possible, we give credit.

1041
00:59:59,280 --> 01:00:02,880
Speaker 2: Where not, we take all the credit for ourselves. God

1042
01:00:02,920 --> 01:00:08,400
Speaker 2: bless the memory of Rush Limbaugh. Long live Elvis, be

1043
01:00:08,520 --> 01:00:12,640
Speaker 2: a simple man like Leonard Skinnard told you, and God

1044
01:00:12,800 --> 01:00:18,000
Speaker 2: bless America. Finally, if you know a veteran suffering from PTSD,

1045
01:00:18,880 --> 01:00:23,440
Speaker 2: call Camp Hope at eight seven seven seven one seven

1046
01:00:23,920 --> 01:00:28,440
Speaker 2: PTSD and a combat veteran will answer the phone to

1047
01:00:28,560 --> 01:00:29,800
Speaker 2: provide free counseling.