Hello, and welcome to another episode of the Mark mo Show, where we talk about the decentralized revolution. We talk about the way the world is changing right before every ice, swinging from um a peak centralization and back to decentralization. We look at this each and every week what I like to call the signpost. We know that we're getting closer to this climax, the pendulums swinging back. And we know this because of the signposts that we see all
around us. We look at them through the lens of both or of all three of the politics, finance, and of course technology, A lot of other not a lot. A few other analysts like Ray Dalio have put out some amazing books talking about how this UM changing of the guard, if you will, is coming to pass. But what they leave out is the technology piece, which is the biggest catalyst. When you look back through thousands of
years of history, it's always technology that changes things. Today we're gonna talk about UM something big and this is all three. It's politics, it's finance, and it's technology. We look at the intersection of those three things. That's what we focus on this show. So UM I try to bring to you some education. So I can kind of
help you understand this. You can understand differently some of the latest breaking news and of course some exciting guests you don't have to listen to me talk all the time. Today we are talking about education and we're gonna dig into, like I said that, the convergence of those three politics, finance and technology, and talk about money. Talk about something big. I'm talking about money. Money is um basically half of
every transaction that you make in your life. So you trade your money for a house, you trade your money for a meal, you trade your money for a bus ticket, you trade your money, right, it's always half of that. Now, money is uh, pretty misunderstood. Most people don't really know what it is. I mean, you think you do, right, it's it's in your pocket or it's on your debit card allows you buy things. But you don't really understand what money is. And more importantly, you don't understand how
money is changing right now and what that means. And so it's happening right now, right before our very eyes. And uh, I want to talk about that because this week some big, big, big news were made specifically around money from multiple angles both um, showing that the existing form of money. What we've known, what we have is being challenged and it's dying. And this week also the new forms of money have been pushed and promoted. So we're seeing both one dying and one rising up at
the exact same time. And so I want to explain to you what that is. And so let's just jump into it. So I've been talking about this for months and months and months ever since. Really, well, I've been talking about for years on my main YouTube channel. If you don't watch me on YouTube, you should just search Mark Moss on YouTube, and um on those YouTube videos, it's obviously UM it's video. So I use lots of graphs and charts and headlines, but I like to call
the receipts and I show you this. And I've been talking about this for years. But you know, really we've seen this acceleration of the existing monetary system die um just this year in and really where things really sped up, in my opinion, were during the trucker protests that were happening in Canada. And the reason why things really sped up at that point is because of the actions or I should say, uh, yeah, the actions that were taken by the government of of of Canada against not only
just the truckers, but anybody who supported them. So they went on to do something that was legally protected under their constitution. The government didn't like it, and anybody that was involved, including anybody who UM supported that, came under punishment from the government because the government just arbitrarily decided to change the rules. There was no um due process, there was no change in the constitution. Um, they just
went and hit a button and froze people's bank accounts. Mothers, single mothers who donated dollars to this had their accounts frozen. I think that's where things really really really accelerated. Now again, I've been talking about kind of the end of the monetary system as we know it for years. We've all been talking about you've got the Peter Shifts of the world, Mike Maloney's, they've been talking about it for decades, how this dollar system that we have today would eventually come
to an end. And it's not just the dollar system, it's the Fiat money system. Now, a lot of you may don't know what that means. Let me just explain it to you really quick. For all of history, recorded history, what we know, we've had commodity money, meaning real things. You have to first understand that people don't want money, which I know sounds stupid and you're like, come on, Mark, what are you talking about. That's ridiculous. Of course we want money, We want as much money as we can. No,
you don't. You want the things that money buys you. Now, money can sit there in your bank account or under your mattress until your ready to now go get those things that you want. But ultimately, you don't want money. You want a house, you want a car, you want a vacation, you want food, you want to close, etcetera. That's what you want. It's the things that money buys you.
And so we've been talking about uh, well, for all of history, money operates as a medium exchange, right, and so, um, you didn't want my cow, so how about would you take this thing instead? And this thing happened to be a thing. It happened to be a rock, or a feather, or a seashell or a piece of gold. And for about five thousand years gold was money and then gold backed currency. So then we kind of got into this paper money system. We needed to speed up gold. Gold
was too slow. It's hard to send gold around, so we put a debt instrument on top of it that was the paper goal certificate, that was cash um, which then turned into checking and credit cards, defic cards, etcetera. But what most people don't realize is that as we went into that new system really around nineteen, really sooner, but the creation of the Federal Reserve happened in thirteen, it was still backed by by gold, so there were still gold in the banks to back up the paper
goal stickets that they printed. But that all changed in and so we went onto a purely fiat monetary system. So a purely um paper system. Fiat means by decree, it means you use it because we say so. And so we went onto this for about fifty years. Fifty one years now we've been in this experiment where we have this paper money that's worth nothing, that's not backed up by anything. And the problem with that, I mean,
I could spend hour just talking about that. But the problem is that there is no constraints now left on the central banks for the people who control the money to just print endless amounts of it. And the problem is you can't do that because remember, the money is worthless by itself. The money just represents the goods. So if you increase the money faster than you increase the supply of goods, surprise the price you get inflation. You take all the money and you're divided by all the goods.
But if you increase the money, then the price of those goods goes up. You have more money chasing limited goods. And so at least when we're on a gold standard, there was something holding the banks back. They couldn't just arbitrarily go print money. They had to go spend money, resources, time to go find the land, dig it out, you know, dig the gold, alleground, process it, all those things. And so for about fifty one years we've been onto this, and so for about fifty one years people have been
saying this is going to end. This will not work. You can't do this. You can't arbitrarrily create uh these papers, these money claims out of thin air. Let me let me put it to you this way. As long as there are a group of people who have to exchange their time for money, which means you and I were working, and there's another group of people who can print unlimited amounts of money, that will always lead to slavery. So you have to create, you have to trade your labor,
your time. They print it by pushing a button, and they can just steal your labor. You see how that works. We always knew it was going to be a problem, and so we've been talking about economis. I'm talking about it for decades and decades. It's coming to it end and it is rapidly approaching. So here we are back to Canada and Canada again. Um was able to just arbiturely change the rules, no due process of law. That's
a different subject. We can talk about that politically, that's also signaling the end of a system, But financially, it's signaled the end of a system because all of a sudden, we just were put on notice that the money in our bank account isn't actually our money any given time, for no reason at all, they could just automatically freeze that money. And I think that really put the world on notice. It did a couple of other things. One it showed their hand. It shows exactly where the central
powers are going to take things. And two it ruined trust. Now, if you're just tuning in and listening to the Mark Ma Show, we are talking about the way the world is changing through the decentralized revolution. Today we are talking about some things that happened this week that both killed the existing monetary system and are bringing to life the new monetary system. I'll be back with all of that and more in a minute. Don't go away, and we're back,
all right, Welcome back. You are tuned in and listening to the Mark Ma Show. We're talking about big things that happened this week that one signaled the end of the financial system that we have today, and two are ushering in the new monetary system. And you need to know about this because it is going to affect your
life in a big, big way. Of course, each and every week we talk about the decentralized revolution, the way the world is changing, and so we're talking about before the break um the Canadian trucker protests, that that was one of the big catalysts moving forward. What really happened after that, and this is the ultimate catalyst that has put the world onto a fast track to killing the existing monetary system that we have, and that is the
outbreak of the Russia Ukraine War. Now, not getting into the details of the war, what happened is there's three global superpowers. We got the United States, we got China, we got Russia. All three of those superpowers have nuclear weapons, and one of those three nations had their bank accounts frozen and ceased. Yep. So with a push of a button, the G seven, the top seven nations in the world, decided to just freeze their accounts, similar to what just
happened in Canada. Now, Canada, that happened to people, right, individuals, uh. In the Russia situation, happened to a global superpower with nuclear weapons. So if it can happen to individuals in Canada, can certainly happen to me and you. If it can happen to Russia, it can happen to any other country. And every other country caught wind of that, every other country realized that, and since then every other country has been taking steps to protect themselves from that happening. Now,
Russia wasn't just holding dollars. As a matter of Russia has been de dollarizing, getting rid of dollars for a long time. Russia held a bunch of currencies, but it didn't matter. It was in the existing financial system, which the US government really has the main control over, and so it didn't matter what currency they were holding. As long as it was in that system, it could be taken away. And like I said, every other nation saw that. Now, since that happened, in my opinion, that was the final
death blow to the monetary system that we have today. Now, when I say the death blow, you know if you've you know, seen some action movie or whatever, and you know, the good guy shoots the bad guy or something like that, but he keeps like coming or you know an animal, right, you shoot it, but it like still comes in attacks. So, uh, just because it's received the death blow that will inevitably kill it or end it, it doesn't mean that it
can't keep going for a while. And so that's kind of what happened, right, I believe it was the death blow. The whole world realized what happened. Since then, we've seen other nations taking massive steps to d dollarizing get itself out of the system, including China. Remember three superpowers. Now, in a game of poker, a game of three card poker, my goal is to make sure the other two people
don't team up against me. That's typically been the role of the United States government, which was to make sure China and Russia didn't team up against the US, but now China and Russia have teamed up. Now I'm gonna talk about about that more in a minute, but China has now realized that, shoot, if that can happen to Russia, it can happen to us, and so we better take steps to make sure that we don't get sanctioned the
same way Russia did. Now is that because they're expecting to do something that would cause them to be sanctioned, or they just want to make sure they're not sanctioned. We don't really know. My guess is it's probably the first. But since that time, we've seen other nations taking these steps, and Putin has been on his soapbox telling people that they need to get their money out of the financial system that the US controls, because if it can happen
to me, it can happen to you. So here is a quote I'm going to read directly from Putin that he gave in June of two thousand and twenty two, just a couple of months ago. He said, quote, caught in the inflationary storm. So I'll just pause there. So caught the inflationary storm, so, uh, prices going up everywhere. You don't have to be. Uh, you understand what I'm talking about, right, Uh, it's all over the news. Inflation
prices are going up like crazy. So caught in this inflationary storm where prices are going up so fast, nobody can afford it. He says, back to the quote, many nations are now asking why would we bother exchanging our goods for dollars and euros when they're losing value right before our very eyes. So i'mination, Remember, we don't want money. What we want is goods and services. Money is not wealth. Goods and services their wealth. I say this uh analogy
quite often. If I was stuck on a deserted island and I had a billion dollars of cash, a billion dollars of gold, a billion dollars of bitcoin, but I had no goods or services. I had no boat to get off the island, no phone to get help, no food, no water, no clothes, no nothing, none of that. The billion dollars of cash, gold, or bitcoin, they're all worthless. The goods and services are wealth, not money. Many doesn't money measures how much wealth I can acquire. It's not
wealth itself. Now, if there was a guy on the island who uh you know, had some fishing lines and he had fishing, he had coconuts, he would be the wealthy one. So that's exactly what is happening here. He's saying, why bother exchanging goods for dollars and euros when they're losing value before of our eyes. So the goods are the wealth. So if you're Russia, you have oil, you have natural gas. That's goods. That's what the world wants. They don't want the money, they need the energy. If
you're India, you have the rice. If you're Bulgaria, you have firewood. If you're Norway, you have electricity. I don't want to make this about Russia. Every nation has goods that they sell. The more goods they sell into the world, the more money comes back to them, the more wealth they have. So he's saying, why bother exchanging your goods that wheat that you grew, that rice that you grew, Why would you give those goods up for dollars or euros that are losing value right before our eyes. We
might as well just keep it in the ground. We'll keep our wealth, right, So he says back to him, the economy of imaginary wealth is being inevitably replaced by the economy of real valuables and hard assets. So what is he saying by that the economy of imaginary wealth. Imaginary wealth is fiat currency where they push a button and create an undimented amount as much as they want. That's imaginary. They created it out of thin air. It's
a figment of their imagination. Now other people will accept it, but they're starting to wake up to it. As Putin said, why would you do that? The economy of imaginary wealth is being inevitably replaced, replaced by what by the economy of real valuables and hard assets like wheat and rice and natural gas and oil, the things that people really need, copper, nickel, real things that people want. That's what has value, all right,
So that's what he's saying. Now, since that's happened, um in the last several months, I mean this this year, we're seeing this happen faster and faster, and it's being sped up by two things. One nations part of the world wanting to move to this get rid of this
imagining wealth and replace it with real wealth. And at the same time, the central banks that produced the imaginary wealth, mainly the Federal Reserve which produces dollars and the European Central Bank that produces euros that he was talking about.
Mainly those two banks are doing everything they can to destroy their currencies as fast as they can, and the other nations of the world are moving as fast as they can too, away from the imaginary wealth into the economy of real Well, so it's happening at the same time. So let's talk about, uh, the end game for the Fiat currencies, what the central banks are doing. Let's break that down, and then we'll talk about this new system that's being set up and what happened this week that
really shows just how fast this is happening. Um, if you're just tuning in right now, uh, you're listening to the market my show. We're talking about the decentralized revolution, talking about the way the world is changing, and of course we look at it through politics, finance, and technology. We're talking about the money system, which is both political and financial, and then we're gonna talk about the technology piece that was introduced this week that is really going
to change this. If you've missed the beginning, don't worry, I got your back. You can check me out on the podcast. Just search Market Moss podcast on your on your favorite podcast player, or you can watch them on YouTube on my Market Disruptors channel not my Main Challenges search YouTube Market Disruptors. I'll be back with that and more in a minute. You do not want to miss it, so don't go away. I'll be right back. All right,
Welcome back. You are listening to the Markma Show. We're talking about the decentralized revolution, the way the world's changing right before our very eyes through the lens of politics, finance, and technology. Today. We we got a big one and I got a lot to cover, so I gotta get
going through this fast. So we're talking about, um, how the central banks, specifically the FED and NCB are destroying the money system that we have today and the other half of the world is actively building a new monetary system at the same time. And then there's a technology piece that was introduced this week that changes all of this. So um, the imaginary wealth is this fiat money system where the central banks just create this money, and so
we're seeing that die right before our very eyes. The central banks are forced to continue to kill it. What do I mean by that? Well, because we're in a fake imaginary wealth back to Putin's quote, economy of imaginary wealth, Fiat money being printed endlessly. We're all off of debt. We're in a debt based monetary system. Now, with a debt based monetary system, you always have to continue to increase it inflate the balloon. If you don't continue to
inflate it, then it deflates and it dies. That's why we keep having correction after correct after correction of the central banks have to keep pumping it up, pumping it up, pumping it up. The problem that we have today that we haven't had in the past is we have this massive inflation. So back to kind of Putin's quote where he said, caught the inflationary storm, and so we have this massive inflation. So how can the central banks continue
to increase money when we have this high inflation. Remember we started at the beginning by saying that you take uh, the money which you don't want divided by the goods and services. What you do if you increase the money without increasing the goods and services, you get massive inflation. The problem is is the central banks need to continue to inflate the money supply so if they don't, then everything falls apart. The banking system drives up. There's no liquidity,
there's no loans. Now, the loans is how money is created. So there's no liquidity, there's no loans, there's no money creation. The thing falls apart, all the assets, stocks, bonds, real estate, and they all lose value. The whole thing falls apart. Or they can can keep it going, keep the ponds going, keep the bubble going, but then we have inflation. Now I don't have time to really go into all of this. Um,
let's see what I can cut out here. The problem is that the FETE is trying to crush the demand, so you stop spending as much. But the problem is as they crush demand and as asset prices fall, like I said, your stocks, bonds, real estate, et cetera, and then people spend less money, there's less revenue going to the government from capital gains, taxes and ira A distributions and things like that, and then the government has less income.
If the government has less income, but they're still spending the same or in our case, they're spending more. Now they want to this whole glean green transition and spend trillions of dollars to re you know, revamp the whole U S economy. So they want to spend even more money than they've ever spent before. And they have tax receipts falling, So what does that mean? That means more printing. We also have a problem where now the FETE is UH and not to just FED, the e c B
as well, they're rapidly raising rates. Well, the FETE is a bank and so um it receives interest on the money that's given out, and it pays expenses. So those income and expenses just like any other bank would have. The problem is that as the Federal Reserve raises rates, they have to pay out more interest than they were paying out before and they have less income coming in. That's the problem. As a matter of fact, the Fed
funds rate is on its way to four percent. At four percent, the Federal Reserve will go from making a hundred billion a year of profit that it gives to the Treasury to losing almost three hundred billion per year. Now the Treasury has no income. That's a big problem. How long can they go from making a hunter billionaire to losing three billion year? Well, the answer is they can't. Not for very long, so they would go bankrupt, except for central banks don't go bankrupt, So what would they do.
They'll print the money. So you can see very quickly there's no other options. Are gonna have to continue printing money. Now, Um,
here's a way that somebody mclaude Um. He describes the end game of Fiat currencies, and he says, um, you go from something like the pandemic being a one off crisis that required massive deficit spending my governments or they had to print trillions and trillions of eleven trillion dollars to pump it back up from COVID, we now have a second one off crisis, a second one off um,
centered on subsidizing energy and food. So now all around, specifically Europe, it's happen in the United States as well. The governments are now having to subsidize the high prices of energy and food, the problems they've created. Now they have to print money for that. This will be followed by further and increasing demands for inflation every funny, and so then I gotta print money for more money for
that attempts to prevent Western economies contracting. So as I said, um, if they don't keep pumping money in it starts contracting it says uh buyer strikes in bond markets. Along with collapsing bank credit, it will probably be the Kuda grace for fiat currency. So that's where it dies. Now while
this is happening, it's fallen apart super fast. Most of the world doesn't trust that they want to move out of it, and the nations that are still using it um they're facing massive inflationary pressers as they're just crushing on their own. So now we have another part of the world setting up their own currency. So we have
China and Russia who have now gotten together. Remember as I said, the game of the goal of a game of three card pokers to make sure my two opponents don't team up on me, And here we have China and Russia teaming up. As a matter of fact, it appears that China has had partnered up with Russia before the invasion happened, and Russia might have been waiting on the invasion until China is ready for this. China had to get ready for it. But now China and Russia
and what's known as the Bricks Nations. Brick stands for b for Brazil are for Russia, I for India, see for China, s for South Africa. That's the Brick Nations. They've continued to expand. More and more nations around the world have been joining this bricks alliance, including we've seen Iran, We've seen Argentina, and now over half the people in the world are now part of the Bricks Nations, and they all realize that shoot, if it can happen to Russia and China is worried about it, then I should
probably be worried about it too. And so we don't want to continue using this money system that they they the West Europe, you know, Europe and the US have will set up our own And so the Bricks Nations are now working on setting up their own monetary system to compete with the US and Europe's monetary system, and it's happening very very rapidly. As a matter of fact, they've announced that they want to have a asset backed potentially a gold or at least a commodities backed currency,
which I think the world would like. Back to Putin's claims, he said that um, the quote was um. The economy of imaginary wealth is being replaced with the economy of real valuables. So they want to build a new economy and new financial system built on real valuables to replace the one built on imaginary wealth. So their words like, we don't have to have a crystal ball. They're telling us what is happening. They're doing this actively now this week,
what happened this week? President She from China left China for the first time in two years since pre pandemic. He hasn't gone anywhere, he hasn't met with anybody. He doesn't care until now. So what happened this week that was so important that they actually got President She to
leave China and travel halfway around the world. Well, it was the s c O summit and President She wanted to go, um go to this summit and meet with President Putin to discuss a new financial system and uh per the message coming out of China they said, quote China is willing to work with Russian Russia on quote core interests. China is willing to work with Russia on their core interests. What are those core interests? With The core interests are that China needs energy, they need they
need real things, the economy of real things. China needs energy, Chinese food, Chinese those things, and Russia has those things. Russia needs a buyer, China needs a supplier. Uh. They both can't use the US dollar because of sanctions. So what are their core interests? I need these things, you want to sell these things, but we need a new system to do it in because the old one doesn't work for us anymore. That is what their core interests
are now. At the same time this is happening, we're seeing them break the backbone of the existing system that we have today. I'm gonna talk about that and more in a minute. Um, you're listening to the Markmas Show. We're talking about the decentralized revolution, talking about the way the existing financial system is dying right before every eyes, and another one is being propped up and stood up right before our very eyes. I'm gonna explain it all
to you. It's gonna be super clear, and I'm gonna talk about something else that happened this week with a technology piece that's gonna be a massive driver of change, and it's dangerous for you. Don't miss this, you don't want to miss it. I'll be right back. Don't go away, all right, Welcome back. You're listening to the Mark Mass Show.
We're talking about, of course each and every week, the decentralized revolution, talking about the way right now today the financial system is being reset and now we always look at the lens of politics, finance, and technology. We're hitting on all three of these today. If you've missed what I've said, you've missed a lot. I can't go back and repeat it, but you can check me out on
the podcast. Just search Mark Moss podcast on your favorite podcast player, or go to my YouTube channel Market Disruptors Market Disruptors on on YouTube and you can watch me and listen to me there. Now, so China and Russia they're getting together and the bricks nations. So bricks stands for Brazil, Russia, India, China, South Africa. But now a bunch of other nations have joined China, I'm sorry, joined the bricks. Now they're half of the world population now,
I said. President gy went to go meet with UM with Vladimir Putin this week, first time he's left China in two years to work on what they called their core interests. Remember, China wants to buy things they need to and China Russia wants to sell things. Those are mutual interests, and they both need to do them outside of the dollars system that they have. So the core interests are talking about are facilitating this trade and setting
up their own payment network. Now something else happened, something big. Now what we've seen is that, as I was kind of explained earlier, if you missed it, you can go back and check out on the podcast. But are our monetary system for all of recorded history has been built off of commodities, real things, mostly gold. Five thousand years of history over gold, gold and silver, but also rocks or seashells, or um feathers or things like that, but but actually real things. And uh it was it had
been gold for five thousand years. In one we left the gold standard and now we're just in this fiat currency model. And this is an experiment. Never in the history of the world have we ran on a purely paper debt system. And I believe that history books will be written about this period in time and they're gonna go, what the heck were they thinking. Couldn't they have seen five thousand years of history and no, that wasn't gonna work. I mean, we could have just thought through it and
told them it wouldn't have worked. And I believe that's what history books will say. But um, we still have, um this gold system and central banks around the world, sovereign nations all around the world still hold massive amounts of gold. As a matter of fact, the last two years they've been buying more gold than they have in any time in history since when we got off the gold standard. So now these central banks they're buying up gold.
They realize, hey, this financial system, back to Putin's quote, Um, the economy of imagining wealth is being replaced by the economy of real values. The central banks see this, Hey, this fake paper we have, it's being replaced by real things. We need to buy more gold. The problem is is that your government doesn't want you to understand that, and so the price of gold is heavily, heavily manipulated. Now I'm not going to dig into all that, but it's
being manipulated by a couple of ways. One, it's being manipulated by, um, the London Buoyon Association. Every day, a couple of guys get on the phone and set the price of gold. It's not found in a free market. They do it, all right, And what we're seeing is that now Russia and China, the bricks nations, have proposed a new standard to compete with the l b m A. Now i've a they're doing this. They said they're doing this. I believe they do it. Now guarantee they're going to succeed. No,
not necessarily, but they're doing it. And if they can break the back of gold or the i should say, the grip of manipulation on the price of gold, we could see gold explode higher, and a lot of people ask will see this. As a matter of fact, I saw this article that says the that the gold and silver has been leading leaving the exchange, has been leaving these the comics and the l b m A as fast as it possibly can. As a matter of fact, the in London, the silver inventories continue to plummet as
metals exit the l B m A vaults. Where is all the gold and silver going, It's being sucked out of the system. Could it be that all of these nations are buying up as much maybe just Russia and China are buying up as much gold and silver as they can knowing that they're going to make this flip. And once they do, the ECB Canada, which owns no gold, and the US won't be able to get any because
there won't be any for delivery. Could it be that now, while this is happening, the old system is dying under attack. There's a new system trying to be stood up. So what am I talking about here? So we saw this week, well a few months ago the White House, I shouldn't say the White House. President Biden signed an executive order on March nine, and executive order means I'm the I'm the president, I'm the dictator. What I say matters. I'm
going to demand this happens. And so they opened up an executive order to um dig into the responsible development of digital assets. And he wanted all this research done and they wanted to come back with this framework and things like that. And that's exactly what happened. And so we see this came back just this week and this is big news. So um now the White House recommends creating a digital dollar, and the Biden men actually outlined
a plan for this. It says the administration is moving closer to developing a digital currency for the US, saying it will help strengthen the nation's role as a Global Financial Leader. Uh no, it won't. It's still going to
be fake. The world is moving to real things. It released a framework owning outline of the regulation of digital assets, including including cryptocurrency UM for the past six months since March Executive Order fourteen O six seven quote Ensuring Responsible Development for Digital Assets UM like I said, the agencies have been working to develop this framework, and the framework suggests the government creates a central bank digital currency, or we call it a c b d C. They say
a CBDC would make it possible, would make possible an efficient payment system, create technical innovations, facilitate cross border transactions, all why while fostering environmental sustainability because that's what everybody wants, right. So the discussion of a digital dollar has lad to unfounded charges that will lead to government control of digital assets. It's not unfounded. I'm gonna break that down because they say, in fact U S dollars currently already exist in commercial
banks across the country. Hypothetical digital dollar would be regulated as the physical dollar is, by the central Bank and the full faith and backing of the central Bank. So yes, we use digital dollars. I don't really use any physical dollars anymore. I use my debit card, I use my credit card everywhere I go. I'm guessing you do as well. Well. Over of all transactions done today are done digitally. But the CBD is different because it's programmable money. So right now,
the government can freeze your bank accounts. We saw that in Canada. That's what I opened up the show with. Right we saw that in Canada they froze the bank accounts. The government could freeze your bank count anytime they want. That's the danger. It's a problem. But a CBDC is something completely different. It's programmable, so I can program the money. Hey, nothing good happens after midnight, so you know your money
is no you can't spend money after midnight. Um. You know what, Um, eating red meat is no good for you, so you're not allowed to spend money on red meat anymore. Um. You know, anyone who doesn't agree with us, Republicans are dangerous. Republicans are dangerous, So anybody that's even associated with them, they can't spend money anymore. And you see, it's programmable. It's way different than anything that we have today. It's
completely different. As a matter of fact, it will be the greatest I'm gonna put that down right here, the greatest tool for authoritarianism surveillance that we that that we've ever seen. This is the tool that all governments have wanted and want today. The reason why is because without the freedom of payments, there is no freedom. We're guaranteed the freedom to assemble, but if I can't pay to put gas in my truck to drive, they simply I have no freedom. If I can't pay for a meal
when I'm there, I have no freedom. I have a freedom of speech, but if I can't pay to have a phone to go on social media or a microphone to talk to you, I have no freedom of speech. And if they can take control all of the money, they can take control of freedom overall. And so one system is dying, one system is being created. The central bank digital currency is the greatest threat to our freedom and need to be aware of it. You can do
a whole another show breaking this down. I'm running short on time, but just know this all happened this week. G went and met with Russia, his first trip in two years, to establish a new financial system, and the US, trying to maintain what they have, is recommending the greatest surveillance and control tool in the history of the world. We're seeing a battle play out in real time. It's interesting. This is the decentralized revolution that I'm talking about each
and every week you're listening to the Markmas Show. Like I said, we talked about the decentralized revolution each and every week, talking about the way the world is changing through the lens of politics, finance, and technology. This is what you need to know. Don't miss me. If you missed any of this, you can check it out on the podcast, your search market MOS podcast or on YouTube. Just go to Market Disruptors and catch me there. That's what I got. Thanks for listening today. Till next time.
