WEBVTT - You Will Own Nothing with Carol Roth 0:00:00.080 --> 0:00:02.920 The World Economic Forum says that by twenty thirty we 0:00:02.960 --> 0:00:05.880 will own nothing and be happy. So how close have 0:00:05.920 --> 0:00:09.360 they pushed us towards that goal? Carol Roth just wrote 0:00:09.400 --> 0:00:11.760 a book on it called You Will Own Nothing. She's, 0:00:11.760 --> 0:00:14.319 of course, a New York Times bestselling author. We've talked 0:00:14.320 --> 0:00:17.520 to her about her last book, The War in Small Business. 0:00:17.920 --> 0:00:21.000 She joins us to break it all down stay tuned 0:00:21.000 --> 0:00:28.320 for Carol. Well, Carol, it's so good to have you on. 0:00:28.960 --> 0:00:29.720 You know, love your. 0:00:29.560 --> 0:00:32.239 Work, consider you a friend, so I'm looking forward to 0:00:32.240 --> 0:00:33.920 having this conversation about your new book. 0:00:33.960 --> 0:00:35.760 I'm thrilled to be back with you, Lisa. 0:00:35.760 --> 0:00:37.760 We always have such a fun time when we chat, 0:00:38.040 --> 0:00:41.120 and the subject matter is so important, So I'm thrilled 0:00:41.159 --> 0:00:45.199 that you're giving your listeners an early sneak peek as 0:00:45.200 --> 0:00:45.920 to what's ahead. 0:00:46.120 --> 0:00:47.360 And you're already crushing it. 0:00:47.479 --> 0:00:49.960 You're already an Amazon bestseller in the book is not 0:00:50.040 --> 0:00:52.360 even out yet, so that's pretty awesome for. 0:00:52.320 --> 0:00:53.600 Three months ahead of time. 0:00:53.680 --> 0:00:57.520 It's pretty unprecedented that the topic is really resonating with 0:00:57.600 --> 0:01:02.120 people as it should. Obviously, just thrilled with the response 0:01:02.160 --> 0:01:05.000 and you know, the ability to be able to help people. 0:01:04.800 --> 0:01:07.039 Fight back well, I'm so happy for you, because that's 0:01:07.080 --> 0:01:09.640 awesome to already be doing so well and it's not 0:01:09.720 --> 0:01:12.120 even out. I love the title you will Own Nothing. 0:01:12.280 --> 0:01:14.360 Of course, the title from the book comes from the 0:01:14.360 --> 0:01:17.520 World Economic Forum, which says that by twenty thirty, we 0:01:17.600 --> 0:01:22.160 will own nothing and be happy. They're nailing the own nothing, 0:01:22.400 --> 0:01:24.440 but not not quite the be happy part. 0:01:24.520 --> 0:01:25.480 Yeah, it's crazy. 0:01:25.640 --> 0:01:30.040 When I first heard that this organization, the World Economic Forum, 0:01:30.080 --> 0:01:35.160 which is littered with the elite of business leaders, political leaders, 0:01:35.280 --> 0:01:38.800 very well connected people, we're somehow saying you will own 0:01:38.880 --> 0:01:43.160 nothing and advocating basically for the end of private property. 0:01:43.240 --> 0:01:46.040 I was like, there's no way that that's actually true. 0:01:46.040 --> 0:01:49.200 That's got to be like somebody taking something out of context. 0:01:49.280 --> 0:01:52.240 You know, there's just there's no way. So obviously I 0:01:52.280 --> 0:01:54.880 did my own research, and you know, there it was. 0:01:55.640 --> 0:01:58.200 You know, several years ago, there was an article on 0:01:58.280 --> 0:02:01.680 their website, which by the way, has been scrubbed since, 0:02:01.840 --> 0:02:04.400 but you can still find it with the wayback machine 0:02:04.640 --> 0:02:07.680 that had their predictions, their tough predictions for twenty thirty, 0:02:07.680 --> 0:02:09.840 with the number one being you will own nothing and 0:02:09.880 --> 0:02:10.320 be happy. 0:02:10.880 --> 0:02:12.120 And then a couple of years. 0:02:11.880 --> 0:02:16.080 Later they did a video which I think is still 0:02:16.120 --> 0:02:19.200 on their Twitter, but definitely you can find on YouTube 0:02:19.840 --> 0:02:23.800 that recounted these predictions. And you have this very handsome 0:02:23.840 --> 0:02:27.000 young man just smiling and you will own nothing and 0:02:27.080 --> 0:02:29.920 be happy by twenty thirty, which is seven years from now. 0:02:30.360 --> 0:02:33.640 And I'm like, that is a complete insanity. And so 0:02:33.680 --> 0:02:35.400 it's always one of those things that stuck with me 0:02:35.560 --> 0:02:37.799 in the back of my mind. And as I've been 0:02:37.880 --> 0:02:42.200 talking to people and thinking about the wealth of issues, 0:02:42.440 --> 0:02:46.600 from social credit or business social credit, which we know 0:02:46.800 --> 0:02:50.880 is ESG, to the FED destroying the value of a dollar, 0:02:51.400 --> 0:02:54.680 to all of the issues we've been facing financially based 0:02:54.720 --> 0:02:58.200 on government decisions, whether it's you know, energy or stimulus 0:02:58.040 --> 0:03:03.480 that led to it, whether it's big tech basically renting 0:03:03.560 --> 0:03:06.520 everything to us as a service, and we actually, you know, 0:03:06.560 --> 0:03:10.040 aren't getting anything, but they're getting wealthy, whether it's millennials 0:03:10.400 --> 0:03:14.080 earning more than all of the the folks that have 0:03:14.160 --> 0:03:16.480 come before them on an inflation adjusted basis. I mean, 0:03:16.480 --> 0:03:19.920 they actually earn more than Baby boomers or Gen X 0:03:19.919 --> 0:03:23.760 at the same time inflation adjusted, but they have no 0:03:24.000 --> 0:03:28.400 housing and they have no wealth. We've got corporations competing 0:03:28.440 --> 0:03:32.760 with people for housing. We have hedge funds and universities 0:03:33.080 --> 0:03:36.040 endowments buying up land and water rights. You know, I'm 0:03:36.080 --> 0:03:38.640 thinking about all of these things, and I'm going, what's 0:03:38.720 --> 0:03:41.640 the through line here? Like there's something going on. And 0:03:41.720 --> 0:03:44.640 I stepped out of my bed one day in April 0:03:44.640 --> 0:03:47.040 of last year and I walked two paces and it 0:03:47.200 --> 0:03:49.680 just hit me on the head. You will own nothing 0:03:49.760 --> 0:03:52.400 like That's where this is all coming from. And in 0:03:52.440 --> 0:03:55.360 my research, you know, I realized that we are on 0:03:55.400 --> 0:03:59.400 this precipice of a new financial world order. This is 0:03:59.440 --> 0:04:03.120 not something again that's conspiratorial. It happens on a regular basis. 0:04:03.120 --> 0:04:05.640 We've only been the global center of the financial universe 0:04:05.640 --> 0:04:07.920 for about eighty years. It was the British before us, 0:04:07.920 --> 0:04:09.920 and the Dutch before them, and. 0:04:09.840 --> 0:04:12.360 That our run here is getting a little long in 0:04:12.400 --> 0:04:12.760 the tooth. 0:04:13.200 --> 0:04:15.600 And it's clear that all of the people who are 0:04:15.600 --> 0:04:19.040 well connected, whether it be the folks in our government, 0:04:19.120 --> 0:04:22.640 the wef you know, big tech, whoever, they're all seeing 0:04:22.680 --> 0:04:27.560 this and so they're trying to jockey to control every 0:04:27.640 --> 0:04:29.520 resource they can as this. 0:04:29.680 --> 0:04:31.640 Global financial world order shifts. 0:04:32.040 --> 0:04:34.840 And in the process, if they own everything, what's left 0:04:34.839 --> 0:04:37.600 for you nothing, So they have to sell it to 0:04:37.640 --> 0:04:40.479 you that it's going to be a great thing. But 0:04:40.880 --> 0:04:44.000 if you are a student of history, even in the least, 0:04:44.360 --> 0:04:48.320 you know that every time people had no property rights, 0:04:48.480 --> 0:04:51.880 it had no ownership. They were not only not wealthy, 0:04:52.240 --> 0:04:55.160 they were not free. And they, certainly, I'm guessing, we're 0:04:55.200 --> 0:04:55.599 not happy. 0:04:55.640 --> 0:04:58.280 That's why they want us to own nothing, right. I mean, 0:04:58.560 --> 0:05:01.880 it puts them in control role and it leaves us, 0:05:02.080 --> 0:05:05.039 you know, essentially defenseless and dependent. 0:05:04.640 --> 0:05:06.359 One hundred percent. That's exactly it. 0:05:06.880 --> 0:05:09.840 They only care about what's in it for them, which 0:05:09.880 --> 0:05:12.960 is human nature, which is why we had this really 0:05:13.000 --> 0:05:16.360 cool setup in the United States based on a constitutional 0:05:16.360 --> 0:05:19.520 republic to try to thwart that from happening, which you know, 0:05:19.720 --> 0:05:22.120 work for some bit of time and then has. 0:05:22.040 --> 0:05:23.440 Started to unravel. 0:05:23.600 --> 0:05:27.200 But yeah, the more that they can hold and control, 0:05:27.960 --> 0:05:29.800 the better off it is for them. They get to 0:05:29.800 --> 0:05:32.680 be special and you get to be non special. Kind 0:05:32.680 --> 0:05:35.440 of sounds like essential and non essential. When did when 0:05:35.440 --> 0:05:39.280 did we hear that in recent history? And yeah, it's 0:05:39.360 --> 0:05:42.240 it's a it's a good thing for them, and they 0:05:42.360 --> 0:05:45.080 kind of don't care about what it means for anybody else. 0:05:45.160 --> 0:05:49.960 So certainly that's the trajectory, and it does make us 0:05:49.960 --> 0:05:53.080 more dependent on them, as you alluded to, which gives 0:05:53.120 --> 0:05:57.599 them the ability to exert more power and more control 0:05:57.680 --> 0:06:00.599 and make sure that that balance of you know, them 0:06:00.880 --> 0:06:03.920 having stuff and being special and us being the pleabs 0:06:04.120 --> 0:06:05.480 you know, continues. 0:06:04.960 --> 0:06:07.800 On well, and it seems like COVID just really gave 0:06:07.839 --> 0:06:11.600 them ample opportunity to sort of accelerate this goal of 0:06:11.680 --> 0:06:15.000 us owning nothing one and just the government assuming more 0:06:15.040 --> 0:06:17.479 power over us. And then you wrote about it, but 0:06:17.520 --> 0:06:20.520 the crushing of small businesses and the centralization of everything. 0:06:20.680 --> 0:06:23.760 Yeah, I mean it was the greatest most historic wealth 0:06:23.800 --> 0:06:27.080 transfer of all time. Greatest meaning the largest, not greatest 0:06:27.080 --> 0:06:30.000 meaning a good thing that you know that it had 0:06:30.040 --> 0:06:33.120 ever happened in history. Trillions and trillions of dollars that 0:06:33.160 --> 0:06:36.440 were just you know, moved from Main Street America to 0:06:36.640 --> 0:06:42.360 Wall Street. And obviously we're still paying the price quite literally, 0:06:42.400 --> 0:06:45.320 when you have things like inflation, you know that the 0:06:45.720 --> 0:06:48.559 the people who are in the working in the middle 0:06:48.600 --> 0:06:53.000 class really bear the brunt of that. So it you know, 0:06:53.120 --> 0:06:55.599 it's a question of whether it sort of gave them 0:06:55.640 --> 0:06:58.719 cover to do that or if it was all intentional, 0:06:58.960 --> 0:07:01.120 which I think you can make a good argument that 0:07:01.160 --> 0:07:04.520 this was a piece of the overall you will own 0:07:04.560 --> 0:07:07.400 nothing plan, but it also did other things. You know, 0:07:07.440 --> 0:07:12.480 it did things like cement social credit. When you think 0:07:12.600 --> 0:07:15.559 of a vaccination card, you know, that's an early form 0:07:15.680 --> 0:07:19.480 factor of a social credit card. You could not participate 0:07:19.520 --> 0:07:22.880 in parts of society in certain places if you did 0:07:22.880 --> 0:07:26.400 not have a card that said, you know, I'm socially acceptable. 0:07:27.080 --> 0:07:29.760 So there were a lot of things that kind of started. 0:07:30.440 --> 0:07:34.400 They had people who were cheerleading and backing the government 0:07:34.720 --> 0:07:39.080 and not pushing back, and so it really did signal 0:07:39.480 --> 0:07:43.800 to the elite, Wow, this is probably going to be 0:07:44.000 --> 0:07:48.200 easier than we thought. And when you think about new 0:07:48.280 --> 0:07:51.280 efforts that they're putting out, things like the potential for 0:07:51.360 --> 0:07:54.680 a central bank digital currency also known as a CBDC, 0:07:55.760 --> 0:07:58.760 a way to marry that social credit and gain control 0:07:58.840 --> 0:08:01.720 over your money, you know, this kind of gave them 0:08:01.720 --> 0:08:03.240 the confidence. 0:08:02.640 --> 0:08:04.600 That, hey, we can do this. 0:08:04.640 --> 0:08:06.440 Because I mean, I don't know about you, Lisa, but 0:08:06.560 --> 0:08:09.240 when I was in February of twenty twenty, in March 0:08:09.320 --> 0:08:12.600 of twenty twenty and seeing this COVID stuff going on going, 0:08:13.520 --> 0:08:16.800 could they really get people to like close their businesses 0:08:16.840 --> 0:08:19.120 and stay home at scale, like I don't think that's 0:08:19.160 --> 0:08:19.760 going to happen. 0:08:20.320 --> 0:08:23.000 And of course that's exactly what happened. 0:08:23.080 --> 0:08:26.040 So now that we've been through that period, things that 0:08:26.120 --> 0:08:28.840 you know, five or ten years ago we would have said, yeah, 0:08:28.840 --> 0:08:30.560 it's probably not going to happen, or would take a 0:08:30.600 --> 0:08:31.400 really long time. 0:08:31.640 --> 0:08:34.400 I think we need to look at through a totally 0:08:34.400 --> 0:08:35.120 different lens. 0:08:35.200 --> 0:08:37.199 Well. I think what scared me the most about COVID 0:08:37.960 --> 0:08:40.920 is just how easily people are manipulated. You look at 0:08:40.960 --> 0:08:42.760 things that have happened throughout history and you're like, oh, 0:08:42.760 --> 0:08:45.160 how would people go along with you know, terrible things. 0:08:45.240 --> 0:08:48.040 And during COVID we really saw like, wow, you know 0:08:48.440 --> 0:08:48.920 you have like. 0:08:48.960 --> 0:08:52.120 Friends, you know, people kind of turning their backs on 0:08:52.160 --> 0:08:55.520 you for making decisions in opposition to the ones they 0:08:55.559 --> 0:08:57.960 were making, and you kind of paint a picture of Okay, 0:08:58.000 --> 0:09:01.240 we could easily you could kind of see how these 0:09:01.280 --> 0:09:04.959 things spiral and how easily people were actually willing to 0:09:05.160 --> 0:09:07.079 give up control over their own lives and. 0:09:07.080 --> 0:09:09.560 People that you thought were in your circle. Our mutual 0:09:09.600 --> 0:09:12.640 friend Jesse Kelly talks about this all the time. How 0:09:12.880 --> 0:09:15.480 you know your aunt Peggy, who you know was all 0:09:15.520 --> 0:09:18.120 in on the vaccine, is like the first person to 0:09:18.520 --> 0:09:22.520 ratch you out if you weren't following along with the orders. 0:09:22.800 --> 0:09:25.760 And so it does give us that perspective. You know, 0:09:25.880 --> 0:09:30.679 I don't use comparisons to the Holocaust or Nazi Germany lightly, 0:09:31.320 --> 0:09:33.240 but you know, when you just look at a time 0:09:33.360 --> 0:09:37.320 frame and how quickly that particular society devolved and how 0:09:37.440 --> 0:09:41.040 they got people, whether it was for self preservation or 0:09:41.080 --> 0:09:44.280 to just be aligned with right thing, you know, we're 0:09:44.360 --> 0:09:49.160 turning on each other and creating that catalyst. You can say, well, 0:09:49.280 --> 0:09:52.079 seven years from now twenty thirty isn't a very long time, 0:09:52.200 --> 0:09:54.000 but in the scope of what we've just been through, 0:09:54.000 --> 0:09:57.840 were some of these other historical situations that turn very quickly, 0:09:58.160 --> 0:10:01.000 It's actually a really long time. I COVID thing was 0:10:01.160 --> 0:10:03.640 just three years ago, so you know, think about that's 0:10:03.640 --> 0:10:06.360 you know, two plus, you know, the amount of time 0:10:06.400 --> 0:10:10.440 from now then it was backwards to the start of COVID. 0:10:10.559 --> 0:10:13.760 It's also just scary seeing how quickly our society has 0:10:13.800 --> 0:10:16.959 fallen in such short order. Uh, and out of the 0:10:17.000 --> 0:10:19.080 leadership we currently have. You know, you talked about the 0:10:19.080 --> 0:10:21.040 Central Bank digital currency. I know you've written it. You 0:10:21.040 --> 0:10:24.080 wrote about this in the book as well, talk about 0:10:24.120 --> 0:10:27.160 what it is and why people should be concerned about it. 0:10:27.440 --> 0:10:30.960 So the interesting thing about central bank digital currency is 0:10:31.000 --> 0:10:35.840 that they are using the interest in cryptocurrency, which is 0:10:35.880 --> 0:10:41.600 a pushback against centralization, to conflate what a digital currency 0:10:41.720 --> 0:10:46.240 is to confuse people and I believe to ultimately introduce it. 0:10:46.840 --> 0:10:52.400 Cryptocurrency was, and particularly something like bitcoin, was created because 0:10:52.440 --> 0:10:55.800 people did not have faith as they shouldn't in central banks, 0:10:55.840 --> 0:11:00.080 including the FED, to you know, basically stand up and 0:11:00.080 --> 0:11:04.560 and take their fiduciary duty to manage the purchasing power 0:11:04.640 --> 0:11:07.280 of the dollar. And we've seen it degrade over time, 0:11:07.760 --> 0:11:09.959 and so you know, the argument is, obviously you want 0:11:10.000 --> 0:11:14.079 to have the money less centralized and certainly not dependent 0:11:14.280 --> 0:11:18.560 on one entity that's aligned with government in terms of 0:11:18.600 --> 0:11:22.679 their goals. So since that there's so much interest in that, 0:11:23.400 --> 0:11:25.240 one of the things that country is around the world, 0:11:25.480 --> 0:11:27.959 and I think particularly the advanced countries have been doing 0:11:28.040 --> 0:11:30.800 is thinking about how to bring about their own digital currency. 0:11:31.000 --> 0:11:34.280 But they're not doing it obviously in the spirit of centralization. 0:11:34.960 --> 0:11:36.559 They're worried they're going to lose. 0:11:36.400 --> 0:11:39.680 Control over the money supply if people migrate to other 0:11:39.840 --> 0:11:45.000 things bitcoin or whatnot, then you lose a huge tool 0:11:45.240 --> 0:11:48.840 of your ability to control people, and they certainly don't 0:11:48.840 --> 0:11:50.200 want it to see that happen. 0:11:50.600 --> 0:11:51.880 So they're basically saying. 0:11:51.679 --> 0:11:54.280 Oh, no, no, well we'll do we'll do a digital currency 0:11:54.320 --> 0:11:57.800 and it'll be safer. But it's entirely centralized. It's exactly 0:11:57.840 --> 0:12:01.520 it stands that, you know, it's a polar opposite of 0:12:01.559 --> 0:12:06.760 what a decentralized cryptocurrency like a bitcoin is meant to 0:12:06.840 --> 0:12:10.880 stand for, and so what a central bank digital currency 0:12:10.960 --> 0:12:11.400 could do. 0:12:12.160 --> 0:12:14.680 And they have multiple levels which I won't get into 0:12:14.720 --> 0:12:16.400 all of the wonkiness. 0:12:15.800 --> 0:12:19.240 Here, but there's a level that they can use it 0:12:19.360 --> 0:12:24.000 to communicate within the banking system amongst financial partners. 0:12:24.600 --> 0:12:25.920 But then there's what's called. 0:12:25.720 --> 0:12:29.360 The retail facing CBDC, and that's you and I using 0:12:29.440 --> 0:12:33.319 that and using their digital dollar instead of the physical 0:12:33.360 --> 0:12:35.840 dollar in our wallet or a proxy for a physical 0:12:35.880 --> 0:12:39.040 dollar such as our credit cards or debit cards. So 0:12:39.200 --> 0:12:42.400 just imagine that you have a dollar in your wallet, 0:12:42.480 --> 0:12:46.560 right and that dollar has a microchip in it and 0:12:46.640 --> 0:12:50.160 there is a code, and they know exactly what that 0:12:50.280 --> 0:12:52.600 dollar is and who has been given to and they 0:12:52.640 --> 0:12:53.640 know that you're holding it. 0:12:53.679 --> 0:12:55.079 And you take that dollar to the. 0:12:55.040 --> 0:12:58.199 Store and you try to give it to the store 0:12:58.200 --> 0:13:01.120 clerk and they say, I'm sorry, we saw what you 0:13:01.240 --> 0:13:05.160 posted on Facebook, Lisa. We don't like it, so we're 0:13:05.160 --> 0:13:07.000 going to put you in a timeout for a while, 0:13:07.360 --> 0:13:09.680 or Carol, you know, we know, let you like your burgers, 0:13:09.679 --> 0:13:12.920 but you've had three this month already. They're bad for 0:13:13.000 --> 0:13:14.560 the climates alone. 0:13:14.559 --> 0:13:15.880 They're bad for the climates. 0:13:16.880 --> 0:13:20.360 Yeah, so please stop eating burgers. 0:13:20.880 --> 0:13:25.440 Moo moo. Whatever. So that's the kind of control that 0:13:25.520 --> 0:13:26.160 they can have. 0:13:26.400 --> 0:13:29.760 And as you can see, it really marries social credit 0:13:29.840 --> 0:13:32.760 and that social agenda and what it is they're pushing 0:13:33.200 --> 0:13:35.680 with the control over the money supply. They would have 0:13:35.720 --> 0:13:39.240 the mechanism to track everything you do. I mean, yes, 0:13:39.480 --> 0:13:42.880 they can generally look at you know, credit card statements. 0:13:42.920 --> 0:13:45.840 I guess if they were to like subpoena them or something, 0:13:45.920 --> 0:13:48.080 or maybe maybe there's a way for them to do that. 0:13:48.120 --> 0:13:50.320 But like they can't track every little thing that you 0:13:50.360 --> 0:13:53.760 do and everybody you tip out and whatnot. This would 0:13:53.840 --> 0:13:58.120 literally let them track every move you make and potentially 0:13:58.600 --> 0:14:01.640 give them the power to shut that off. And you say, oh, 0:14:01.679 --> 0:14:04.400 they can't do that, it's not constitutional. Well, have you 0:14:04.480 --> 0:14:09.160 lived through the last three years? And so my concern 0:14:09.480 --> 0:14:13.439 is that even if people don't want to accept this, 0:14:14.040 --> 0:14:18.959 that they're going to again trick the financially illiterate population. 0:14:18.520 --> 0:14:19.720 Into making this happen. 0:14:19.840 --> 0:14:23.520 So if you think about the stimulus that came out 0:14:23.880 --> 0:14:26.680 under Biden, we all said, you know, this is the 0:14:26.720 --> 0:14:31.320 American rescue plan. Don't take stimulus because you'll get like 0:14:31.360 --> 0:14:34.040 a thousand bucks or whatever it was. But you're gonna 0:14:34.040 --> 0:14:36.360 have massive inflation and it's going to cost you thousands 0:14:36.400 --> 0:14:39.480 of dollars. And everyone's like, I want my Biden bucks, 0:14:39.520 --> 0:14:43.400 give me my thousand dollars whatever, And then what happened. 0:14:43.480 --> 0:14:46.640 You're now paying thousands and thousands and thousands more dollars 0:14:46.680 --> 0:14:48.320 every single year because of inflation. 0:14:48.640 --> 0:14:52.160 It's the same thing here. They may say, Lisa, I've 0:14:52.160 --> 0:14:53.080 got a deal for you. 0:14:53.280 --> 0:14:56.320 I'm going to trade you your one actual dollar. 0:14:56.320 --> 0:14:59.280 I'm going to give you four digital dollars. 0:14:59.560 --> 0:15:02.960 And you might go, that's amazing, I'm going to do that, 0:15:03.240 --> 0:15:05.040 but you know what, each one of those are going 0:15:05.120 --> 0:15:09.160 to be worth a quarter of what the actual dollar 0:15:09.240 --> 0:15:13.320 is worth, because you dollars are a proxy for productivity, 0:15:13.360 --> 0:15:15.680 and you can't just make them out about of nowhere 0:15:16.040 --> 0:15:18.760 and then assume that everything's going to have the same value. 0:15:18.840 --> 0:15:21.600 There's a math equation here, there's logic and reason and 0:15:21.640 --> 0:15:24.440 it all goes together, which is why when they've been 0:15:24.600 --> 0:15:28.000 printing this money out of nowhere. First it inflated assets, 0:15:28.080 --> 0:15:31.720 which the elites love because that helped them out and 0:15:31.840 --> 0:15:35.760 didn't help the average American out, and then ultimately ended 0:15:35.840 --> 0:15:38.840 up crushing the Americans when it hit the spending piece 0:15:38.880 --> 0:15:43.440 of the equation. So that's what we're fighting against. It 0:15:43.480 --> 0:15:49.400 is the number one affront on personal freedoms and wealth 0:15:49.400 --> 0:15:53.160 creation opportunities. It will affect your ability to earn, It 0:15:53.160 --> 0:15:56.480 will affect your ability to spend to get services, think 0:15:56.480 --> 0:15:59.840 about things like medical services. I'm sorry, Lisa, you know 0:15:59.840 --> 0:16:02.000 you can't do this if you don't get the JEB 0:16:02.000 --> 0:16:04.640 and we can't turn on your dollars. I mean, just 0:16:04.920 --> 0:16:08.800 the amount of control is staggering. Not only that, it 0:16:08.920 --> 0:16:12.760 just from a systemic standpoint, it's extremely risky because when 0:16:12.800 --> 0:16:17.520 you have a decentralized financial system, if there's a cyber attack, 0:16:17.560 --> 0:16:20.280 because this is all digital, right, there's a cyber attack 0:16:20.480 --> 0:16:23.480 on one or two institutions like it could be a 0:16:23.520 --> 0:16:26.440 big headache if it's a big institution, But it doesn't 0:16:26.440 --> 0:16:29.200 bring down the whole system, because there are other places 0:16:29.200 --> 0:16:34.000 that haven't been attacked. If everything is controlled by the Fed, 0:16:34.120 --> 0:16:37.920 by the Central Bank, there is just one point of redundancy. 0:16:38.040 --> 0:16:40.280 And if a hacker were to bring that down, which 0:16:40.320 --> 0:16:44.280 they would have every incentive to do, that means the 0:16:44.520 --> 0:16:47.960 entire US economy just comes to a grinding halt. It 0:16:48.000 --> 0:16:51.080 could be too big to fail on a level that's 0:16:51.120 --> 0:16:52.320 like ten times has been. 0:16:52.480 --> 0:16:59.160 Take a quick commercial break more with Carol Roth. So 0:16:59.480 --> 0:17:02.440 I think it worries me. Well, I know, Governor Santis 0:17:02.440 --> 0:17:04.560 has said that we're going to reject central bank digital 0:17:04.600 --> 0:17:07.400 currency here in Florida, and you know, he's warning people 0:17:07.440 --> 0:17:09.479 about it and once to take steps to try to, 0:17:09.520 --> 0:17:12.040 you know, keep it out of here. But I used 0:17:12.040 --> 0:17:13.919 to hear people say things and I'm like, oh, no, 0:17:14.000 --> 0:17:16.520 it's a conspiracy theory. Now, like you could tell me 0:17:16.600 --> 0:17:18.959 that after COVID, you could tell me that, oh, like 0:17:19.040 --> 0:17:21.720 Nancy Pelosi is a lizard person, I'd be like, maybe, you. 0:17:21.640 --> 0:17:26.159 Know, because like, but I'm like. 0:17:28.040 --> 0:17:31.040 It's possible, right, she does. 0:17:31.040 --> 0:17:32.080 Kind of have certain time. 0:17:33.920 --> 0:17:36.160 But you had talked about, you know, the digital currency 0:17:36.280 --> 0:17:38.679 and the government's ability to track us. I mean, it 0:17:38.760 --> 0:17:41.600 really does seem like that's the push on everything, right, 0:17:41.600 --> 0:17:44.280 because even during COVID with the vaccine passports, you look 0:17:44.320 --> 0:17:47.639 at China the way that they use them literally not 0:17:47.840 --> 0:17:50.440 allowing people to leave their homes, right, disallowing them to 0:17:50.520 --> 0:17:53.359 leave their homes depending on and also falsely saying people 0:17:53.359 --> 0:17:55.479 had COVID when they didn't to keep them in their homes. 0:17:55.720 --> 0:17:58.080 But but even beyond that, you know, you just mentioned 0:17:58.080 --> 0:18:00.640 that the tracking with the Central Bank digital, but even 0:18:00.680 --> 0:18:03.119 on electric vehicles as well, because if you look at 0:18:03.160 --> 0:18:06.679 what the Chinese government does, they actually track their citizens 0:18:07.040 --> 0:18:09.959 through electric vehicles. And so one of my concerns for that, 0:18:10.200 --> 0:18:13.600 especially as we see Joe Biden, you know, essentially make it, 0:18:13.800 --> 0:18:15.880 you know, trying doing his best to make it impossible 0:18:15.880 --> 0:18:19.200 to own gas powered cars for stoves apparently, yeah, yeah, 0:18:19.240 --> 0:18:22.439 exactly through you know, his restrictions and rules out of 0:18:22.440 --> 0:18:23.359 different agencies. 0:18:24.119 --> 0:18:26.880 I mean, is that the play here with electric vehicles? 0:18:26.960 --> 0:18:29.159 Is it because they're easier to track or why do 0:18:29.200 --> 0:18:33.080 you think they so desperately want and forcibly are trying 0:18:33.119 --> 0:18:34.159 to push us in that direction. 0:18:34.560 --> 0:18:38.560 I do think that it's related to the new financial 0:18:38.600 --> 0:18:43.440 world order and trying to jockey for position to control resources. 0:18:43.560 --> 0:18:46.879 So one thing is obviously there are certain countries around 0:18:46.960 --> 0:18:51.960 the world that are very heavily dependent on oil. You know, 0:18:52.000 --> 0:18:55.280 think about the big oil producing nations, and even though 0:18:55.320 --> 0:18:58.920 the US has the capability to be the biggest producer 0:18:59.200 --> 0:19:02.680 of oil, you know, it may be, hey, well if 0:19:02.680 --> 0:19:05.440 we do this other thing, then you know, we can 0:19:05.520 --> 0:19:08.240 kind of cut into their profits. And oh, by the way, 0:19:08.560 --> 0:19:12.639 think about which states benefit in the United States from 0:19:12.960 --> 0:19:15.400 oil and gas in terms of, you know, their own 0:19:16.320 --> 0:19:19.720 revenue creation. It's not a lot of the Blue states, right, 0:19:19.760 --> 0:19:21.160 It's a lot of the red states. 0:19:21.440 --> 0:19:25.040 So here's a new scheme, a new way, you know, 0:19:25.119 --> 0:19:27.320 through this climate cult this this. 0:19:27.840 --> 0:19:31.520 Such dangerous emergence, so dangerous, Lisa, that they're going to 0:19:31.600 --> 0:19:35.240 drive their private jets and build mansions on the waterfront 0:19:35.320 --> 0:19:39.680 because they're so afraid. But I do think that it's 0:19:39.720 --> 0:19:42.879 about it. It's a monetary push behind it. I mean, 0:19:42.920 --> 0:19:46.280 the amount of money that they can make from investing 0:19:46.280 --> 0:19:49.399 in these things and giving out favors, and the whole 0:19:49.560 --> 0:19:53.320 consultant and professional class that has grown up around it. 0:19:53.600 --> 0:19:57.800 I do think it is completely based on power and greed. 0:19:58.359 --> 0:20:01.480 And then I think the fact that that's a trackable 0:20:02.000 --> 0:20:05.520 thing is fantastic, but they have so many technologies and 0:20:05.560 --> 0:20:08.240 so many things they're doing that could track us that 0:20:08.320 --> 0:20:10.640 I think that you know, whether or not you buy 0:20:10.640 --> 0:20:14.400 an electric vehicle, they could create the rules and regulations 0:20:14.440 --> 0:20:17.960 to still be able to track you. The concerning part 0:20:18.680 --> 0:20:22.000 is I think they're actually trying to get rid of vehicles. 0:20:22.040 --> 0:20:24.679 Like I don't even think it's about electrical vehicles. I 0:20:24.720 --> 0:20:26.560 think it's you know, they're coming up with these fifteen 0:20:26.600 --> 0:20:29.800 minute cities and you know maybe these these you know, 0:20:29.960 --> 0:20:32.240 autonomous fleets and things, and. 0:20:32.240 --> 0:20:34.240 Oh you don't really again, you don't need to own 0:20:34.280 --> 0:20:35.679 your car. You'd be so much happier. 0:20:35.680 --> 0:20:38.199 Think about how much time it just sits idle in 0:20:38.240 --> 0:20:41.160 your driveway. We'll just leave to the side that it's 0:20:41.200 --> 0:20:43.800 you know, you know, it enables you to have freedom. 0:20:44.160 --> 0:20:46.040 That's okay, but think you don't have to make that 0:20:46.160 --> 0:20:49.280 payment and then you know, we can just help you 0:20:49.400 --> 0:20:52.399 out and then you need to go to you know, 0:20:52.440 --> 0:20:55.439 your your big meeting and get in your hail your 0:20:55.480 --> 0:20:59.840