Why Controlling Money Is So Important

of that sits the money. Money is the source of all the power, and so if you can centralize control over the money, then you can centralize the control over everything else. Now that's why we have heard many, many times from the most powerful people in the world, like the Rothschild family, like Mayor Rothschild famous he said, give me control over the money, and I care not who

makes the nation's laws. We heard Henry Kissinger's famous words where he says, control the food, you control the people, control the energy, control the continent, control the money, you control the world. And so of course the battle is always over money. You know, I've been talking about bitcoin and cryptocurrencies for whatever seven eight years now, and if I had a dollar for every time somebody told me, but they will never let something like bitcoin succeed because

they will never give up control over money. Well, who are they? Who are they that won't let bitcoin succeed because they don't want to give up control over money? Is it the US dollar doesn't want to give up control to the Chinese yuan, or to the ECB's euro, or the Bank of Russia's remubal or which one doesn't want to give up control over money? Because there is

a battle over money that you need to understand. Now, when you go back and you look through history, you'll understand that, yes, the dollar has or the dollar is the reserve currency of the world today. Hasn't always been fiat currencies. Reserve currencies typically last about eighty tow one hundred years. Before the dollar, it was the British pounds sterling.

Now it's important to understand that when the dollar took over the role of the reserve currency of the world from the pound sterling, it was about a thirty or forty year process. Now, eventually there was a ruling from on high where the world got together in Bretonwoods in nineteen forty four said officially, now the dollar is the

reserve currency. But it started happening thirty to forty years before, when when the UK started weakenings currency by taking on way too much debt, getting itself into wars, weakening its manufacturing base, and all of those other things, and so the dollar took over. However, it's important to note that while the dollar did take over from the pound sterling one hundred years ago, the pound sterling is still there today,

still being used today. As a matter of fact, it's still one of the top three currencies used in the world today. So even though it lost its position, it's still there. It's worth noting that as we go through this, a lot of times people say, like, when will the dollar collapse? When will the dollar stop being the reserve currency of the world. And I want to say, what is your definition of that? You want to know when

will the dollar collapse? What's your definition of collapsing? Because the dollars already down seventy seven percent to bitcoin this year, it's already down sixty five percent to the S and P five hundred in the last five years. It's down fifty eight percent to real estate in the last five years. It's down. It's I mean, that's a crash to me, my dollars by half as much house half as much S and P five hundred, half as much gold, half as much gasoline as they did just a few years ago.

That's a crash. So what's your definition of a crash? And so I would ask that because it's already happening. But back to the kind of point at hand. And so there's this battle over money, and so everybody wants to know what is next, what's the next reserve currency? Well, if you listen to me on a regular basis, you know that I'm talking about the decentralized revolution going on

from a world of centralization to decentralization. So I don't believe there is another next reserve currency, fiat reserve currency that the world agrees to on high that it's next. Well, when I don't say ever, I mean ever's a long time, not in the near future, not in the next several decades anyway. So I don't believe there is a next to replace the dollar. But we know that there's a battle.

We know that they're fighting over who's coming next. And of course you've seen people all over media talking about this. Even Tucker Carlson was talking about this on Fox News before he got kicked off, and he was talking about the rise of the bricks nation. So we have the bricks Brazil, Russia, India, China, South Africa and the rise

of the bricks. And we've seen many many reports. There's headlines that say, like here's one on markets Insiders saying that Russia and China are brewing up a challenge to dollar dominance by creating a new reserve currency. So we see that. So they're trying to create a ch ballenge to the dollar. They want to have a new reserve currency, the Chinese yuan, Will it be the Russian ruble? Will they work together to create a new one, right, So

they're jockeying for this. Now we know that the all the central banks of the world, so the US Central Bank, the FED, the BOE, the BOJ, the PBOC, et cetera. They are all underneath the IMF International Monetary Fund, which is like the central bank above central banks. And the IMF creates what's called an SDR Special Drawing Rights And in this SDR basket, it's a basket of currencies and based off of each country and their economic output and the amount of currency they have, et cetera, they get

a waiting or a percentage in this basket. And we saw last year that the IMF lifted the yuan's waiting and it went from you know, ten point nine percent to twelve point two percent, so not massive. It hasn't overtaken the dollar. But again, we always want to look at the trend, and the trend is that it's growing. It's growing. It's growing. Now that prompted Chinese central banks to pledge to open its financial markets. Now why is that important? Well, I'm going to come back to this later.

Why people say that the dollar can't be dethroned because of many things. I'm gonna list those off, one of those being open financial markets. But here the Chinese saying, Okay, we're gonna do it. We're gonna open our Chinese our

financial markets, which we'll see if that happens. But I think it's important to understand that as we see China rising to no pun in rising, as China has been rising to kind of challenge the world and become this economic powerhouse of manufacturing and so forth, we see the rise of the bricks. We know that things are weakened and we're going from this unipolar world. After World War Two, the United States emerged as the economic leader in the world.

The United States was you know, it's it saved itself. It wasn't involved. I mean, obviously it was involved in World War One and World War Two, but that was fought over in Europe. So Europe, all the countries in Europe were completely ravaged, right, Germany and France, and they were all bombed, right, Their manufacturing ability was shut down. They spent all their money fighting these wars. But the

US profited from this. Now I've covered this in many other videos and shows on this channel, talking about how the United States physiclarly, the banks like JP Morgan, profited from the war by playing both sides of it. So the United States came out ahead. It fought the war over on other shores. And unfortunately, lots of Americans died during those wars. So I don't take that lightly. My grandfather fought in World War Two. Luckily he didn't give up his life during that war. But I don't take

that lightly. But the bankers, they came out ahead, and the United States government came out ahead because America emerged unscathed. And not only did emerge unscathed, they managed to accumulate two thirds of all the gold in the world at that time, and the United States was the manufacturing powerhouse of the world. The United States was the leader in global manufacturing and global trade, and so because of that, it was able to take that position and lead the

position of the world. But the problem is is that while the US did have that dominant position after World War Two, throughout the year since, that's changed and we've gone from a unipolar world to a multipolar world, to a bipolar world, and now to a multipolar world. As a matter of fact, if you look at the United States, just in two thousand alone, the United States did trade with the majority of the world except for some African

countries and some Asian countries, mostly China. But now fast forward into twenty twenty, you'll see that China is now doing trade with all the countries in the world except for the North American continent, which is Mexico, US, and Canada, as well as a little bit of Europe. And so that has greatly flip flopped. And I'm gonna explain to

you why that's important. But i also want to tell you about the technological change that's happening that China and the think of international settlements is going to use to finally dethrown the dollar. If you're just tuning in, you're listening to the Mark ma Show. Of course we're talking about the decentralized revolution, talking about the way the world

changes to thellions of politics, finance, and technology. So you want to talk about why all the reasons why the dollar can't be dethroned have just been changed, and what's coming next. You don't want to miss this. I'm gonna take a quick break. I'll be right back. Don't go away, I'll be right back. All right, welcome back. If you're just tune in, you were listening to the Mark mas Show.

We're talking, of course, about the decentralized revolution, like always, but today we're talking about how the money's becoming decentralized, how the dollar has been the global reserve currency of the world, and how that's changing, going from a unipolar to a bipolar to a multipolar world. Now, there's lots of reasons why this can't happen, but I think most of those have been resolved. I'm want to talk about that.

But really, like I was saying, the United States emerged after World War Two as this economic power, having the dollar being the strongest currency because it was backed by two thirds of the gold in the world. It was also backed by the largest manufacturer and exporter of goods in the world. But the problem is, the United States is no longer the greatest manufacturer and exporter of goods. The United States is probably no longer holding the majority

of the gold in the world. As a matter of fact, nobody really knows how much gold the United States holds because they won't ever do an audit, which is pretty interesting. You know, you always have to ask yourself. You hear these rumors running wild, lots of rumors like the US doesn't have any gold. In my own opinion, if I had to guess, which I guess, I'm guessing right now. I don't think the United States has the gold they say they have. And the reason why I would say

that is because they said they had the gold. Nineteen forty four, the dollar was now pegged the gold thirty five dollars to one ounce. I think it was eight thousand tons of gold. And then they were forced to defend that. What do I mean? They started printing way too many of the paper claims. The paper goldertificates the dollars and give them out to the world. So the deal was that the dollar would always be convertible to

gold at thirty five dollars an ounce. Well, the United States government started printing way too many dollars, and the rest of the world saw this and said, wait a minute, wait a minute, wait a minute, we see what you're doing. The game is up here. We don't want these paper dollars, We want our gold. And so the world was coming to redeem the paper certificates to get the gold back, and the United States was trying to defend that peg.

Sound familiar, you know FTX, Like we've seen this game before. They were trying to defend that peg, and so they kept giving the gold, giving the gold, give the goal, pretending like it was no problem. Oh, sure, no problem, everything's fine. Here's your gold, here's your goal. Yeah, no big deal. Here's your goal. Here's your gold, trying to pretend that they had not done what they had done

by printing all these dollars, but the world knew it. Finally, France sent over its warships to give us to get the gold, like, hey, we're done, we want the gold. And at that point, the United States defaulted on its debt, and President Richard Nixon said, nope, enough over close the gold window. You could no longer get the gold out anymore. Now. So why do I think the United States doesn't have

its gold? Well, because I know they were defending the PEG, trying to pretend like nothing was wrong, and finally when France came to get the gold, they couldn't deliver the gold. Now they could have just said we have it and we don't want to give it to you, or they maybe don't really have it. We don't know the answer to that, but my guess is two parts. One. I know they were defending the PEG, so they gave up a lot of gold. We don't know exactly how much.

We don't know if it got replaced. But what we also know is that they will not audit it. And this is where transparency comes in. If they didn't want these rumors to run rampant, all they have to do is just do an audit. Let some inspectors come in, put the cameras on, whatever, show us the gold. If

you got the gold, show us the gold. But the fact that they won't do that tells me that there's probably something to hide, right if you can't be If you can't be transparent, can't tell the truth, then it kind of means you have something to hide. And so because of those two circumstances, that's my guess. And again, like I said, they could just shoot that down by just saying that we have the gold. So anyway, that's what happened. Now. The key piece to understand after this

is that you have to kind of understand. I talk about this many times and a lot of times people to understand this. But we don't want money, right. Money is a medium exchange. Money allows us to exchange our labor. We exert our labor, our ideas, our capital to get money dollars in this case, And I know there's some purersts out there, like Mark, you don't understand dollars aren't money. Gold is money. Yeah, yeah, yeah, Okay, you get what I'm saying. So we exchange it for money for dollars,

but we don't want the dollars. I can't eat dollars. Dollars don't you know, bring my family enjoyment. What I want is I want that money to buy me the things that I want, which is goods and services. I want food, I want gas for my car. I want a car, I want a house, et cetera, and so

I want to exchange those for goods and so. And the reason why that's important to understand is going back to the United States becoming this emergent power because they produced all the goods and they traded with the world. So the US had all the gold and produced the majority of the goods in the world. And that was important because again, we don't want money, we want the goods. So if I go to Chuck E Cheese and I want to play a game at Chuck E Cheese, I

need the Chuck E Cheese tokens. I don't want the Chuck E Cheese tokens. What I want is I want to play one of their games. So I will give them my money in exchange for their tokens so that I can spend those tokens at Chuck E Cheese playing those games. Nobody else in the world is going to accept those tokens because what are they going to They don't want to go play Chuck E Cheese games. It's not a good medium exchange. And so it's important to

understand that. So people would take the dollars because they could give the dollars back in exchange for goods. But today the US doesn't make the goods anymore. Now China dominates the goods. So a lot of dollar bowls tell you, yeah, no country will take other currency. They want the dollars because everyone takes dollars. Why would another country take fill in the blank with whatever you have currency, Russian rubles, turkers, lira, you know, bolevars, whatever, Why would they accept that when

nobody would take them from them? Why would you accept CHUCKI Cheese tokens when nobody will accept those from you except chuck E Cheese. And so that's a good answer except for what can they really do with dollars? Now? Other people take accept dollars, but they can't really spend those at the dollars at the US at the US store because the US doesn't have anything they need. Now. China, on the other hand, makes all the goods. So that's

like China is the big chuck E Cheese. Now, so if China gives me their tokens the Chinese you want, I can go spend them in China, and China just happens to make the goods that I need. Does that make sense? It's important to understand this, and when you see this, then you start to understand the holes in

these dollar bowls logic. So Luke Grahmin, one of my favorite analysts, he said on Twitter, the flaw in most people's thinking is that, but the US dollar is still eighty eight percent of global foreign currency trading, which it is. But the reason why that's wrong is because ninety nine point nine percent of the world doesn't care about FX trading. What they care about is they care about goods that they use in their everyday life. They care about food, gasoline, cars,

et cetera. And so when we look at this over time, we can see just going back to twenty ten, if you looked at the world as a pie chart, and you looked at the amount of manufactured goods value being added to the world in twenty ten, according to the World Bank, the United States made up about twenty five percent, and China made up about twenty five percent, The Euro market made up twenty five percent, and then Japan made up maybe thirty percent, and the rest was kind of

made up between like India, Asia, et cetera. So it was pretty even. Twenty five twenty five twenty five US twenty five, China twenty five euro and then Japan with about thirty and then it kind of spread out. But now fast forward ten years to now well eleven to twenty twenty one, and we'll see that now China has now moved from twenty five percent of the pie to like fifty percent of the pie. The United States has gone from like twenty five percent of the pie down

to like thirty percent of the pie. And so what you see is now again the China's Chuck E Cheese store has gotten bigger and has most of the goods and services we want. Now, the US still has value that goods that exports to the world, But what are those? What are those? No? We know, you know, if we look at automobiles, for example, Japan is this automobile expert. I'm going to break down exactly what the US is exporting and you'll start to understand what I'm talking about.

And then I want to tell you, like I said, why dollar Bales think this can happen, and how China and the BIS has just changed the game. And the hint, hint, hint, it has to do with the cb DC. You don't want to miss this. What I'm going to unveil is brand new data. If you're just tuning in, you're listening to the Mark Mash Show talking about the Decentralized Revolution, and we're talking about how the dollar, how the currency is being decentralized. The plans were just unveiled and I'm

gonna explain that to you when I come back. I'm gonna take a quick break and I'll be right back. So don't go away, all right, Welcome back. If you just tune in, you're listening to the Mark mas Show. We're talking about, of course, the decentralized revolution, how the money is being decentralized in how the US dollar is getting decentralized away and hint, hint, hint, it's China and the BIS and a CBDC that's taking over. But I'm getting ahead of myself. So remember, nobody wants the dollars.

We want the goods and services. So the US used to be the producer of goods and services, and now China is becoming the goods and services. If we look at cars, for example, automobile exports, we can see Japan has been a massive exporter of cars. Obviously you know Toyota, Lexus et cetera. Germany has been a major exporter of cars, right, what do they have, right, Mercedes, BMW, Volvo, et cetera.

South Korea is a big export of cars. And if we look at this chart from just twenty ten to twenty twenty two, we'll see that Germany, Japan, and so Germany and Japan have fallen off of a cliff right around twenty nineteen twenty twenty just completely plummeted. South Korea has been trending down since about twenty twelve. The United States has stayed about flat, but China, starting in about

twenty twenty, has taken off like a juggernaut. Now a lot of cars like Tesla's, for example, are being made in China, So that's no wonder why that is exploding through the roof. But back to America. What does America export? Right? We used to export lots of goods and services. Well, let me break that down for you. So in twenty twenty two, America's five biggest export products were number one refined petroleum oils, number two crude oil, number three petroleum gases.

So the top three out of the top five are energy products. Then we have cars, and then we have electronic integrated circuits. Now, it's important to understand that three of the five biggest products have to have to do with energy. We find petroleum, oils, petroleum gases. Now, why is that important. Well, we're not shipping computers or textiles or cars or clothes. We're not shipping those types of things. We're literally sending energy. But the problem is in the

United States, energy is under attack. The Biden administration has been actively shutting down oil projects, drilling projects, and things like that, and so our main export that we're trying to export is now being shut down. So how's that going to work out? We're already falling behind because China is exporting more goods. The US is still exporting about twenty five percent of the world's goods, but it's mostly an energy that we're trying to shut down, So that's

not good. And then on top of it, we, as I said, you know, Europe still has a pretty decent sized sliver as of you know, twenty twenty one, still sitting on about I don't know, twenty five, probably about twenty percent or so, if I'm just looking a pie charge here, about twenty percent of the world's exports, which mostly come from Germany. Germany is the economic engine of Europe down southern Europe. Sorry if you're from there. We call this the pigs Portugal, Italy, Greece, Spain. They don't

really produce anything. They're just barely getting along because Germany is the engine that's driving a ford. German manufacturing, right, German engineering, and so not only as I said, like the car manufacturers, but all types of high tech equipment that Germany can make. But the problem is is that Germany has a massive problem on their hands, sort of like the US, which has been cutting their own cutting their nose off to spike their face, cutting off their

energy plies. Well, that's the same thing that happened in Europe. Germany shut down all their nuclear reactors, so their energy prices went to the roof. They became dependent on Russia for natural gas that got cut off, and so now prices in Germany spiked sky high. There's not enough energy, and so I guess we can't manufacture goods anymore. And

so Germany has been what we say de industrializing. Industrializing is when we went from a farm in farm and farming cottage industry into actual like factories, cities, and factories, and now they're de industrializing because now those factories can't afford to run anymore. They don't have the power. So what's happening, Well, they can't produce the goods to export. We can see headlines all over the place. Germany's leaders and top CEOs have arrived in Beijing. They need China

now more than ever. Yeah, they need China to make their products for them because they don't have the energy to do that. We see one of Germany's largest corporations, B A s F have now shut their factories down in Germany and moved them to China. We can see, you know, through all types of trade blocks were when we look at the trade blocks, we can see that China is just taking over more and more. Matthew Pines

put out on Twitter. By squeezing Germany out of global value chains, China would secure a dominant strategic position the tripolar network of exports on its way towards a unipolar Chinese dominance. So by squeezing Germany out of its global value chains, China would secure a dominant position. So China doesn't have to squeeze Germany out. Germany is squeezing itself out by shutting down its own power plants, by refusing

to get its own energy out of the ground. Shutting down is nuclear, refusing to get its own natural gas put itself dependent on Russia. Now they can't even afford energy. They have squeezed themselves out of the value chains. The enemy is within the United States, Germany, Europe. It's their game to lose. The only way they lose the game is by doing it to themselves by literally shutting off

their own energy, which makes no sense. So here we are Germany squeezing itself out out of the supply chains and going back to the Chuck E Cheese example. Remember, I only want Chuck e Cheese tokens if I want to play games from Chuck E Cheese. I only want the dollar token or the Chinese token if I can

get goods from China or the US. But the only thing that the US is selling is energy, and the US is trying to shut its energy down just like Germany did, so which tokens will be more valuable in the future if you want actual things, if you want actual goods and services, which you rather have Chinese tokens or US tokens, And you start to see what's going on here. Now, you have to understand that I said, there's a lot of people that say, but this will

never happen, Mark, you don't understand. You don't understand because there can never be another currency to take over the dollar because of many factors. For example, as I said before, the dollar makes up the majority of trade. It's widely accepted, other people will take it. Nobody wants chucke cheese tokens because nobody takes them. But the dollar is accepted everywhere. That's true except for what if China? Why not just use them in China? Now, there's four other reasons why

the dollar won't be unseated anytime soon. But I'm gonna tell you why they've just been You served how it happened, where China and the CBDC fits into all this and more. If you just tune in, you're listening to the Mark Ma Show. We're talking about the decentralized revolution breaking down, how king dollar is losing its seat and not gradually, but probably suddenly with one big technological shift that was

just released by the BIS and China. I'm going to break that down, and yeah, we'll talk about how to protect yourself back with that and more in a minute. Don't away, I'll be right back. Hi, welcome back. If you just tune in, you are listening to the Mark Maas show. We're talking about, of course always the decentralized revolution, and we're talking about right now now the dollar is becoming decentralized, or I should say, there's other solutions besides

the dollar. Let me say that. So, as I was saying before the break, if you've missed any of this, don't worry. I got your back. You can go check it out on the podcast. Is a very very important episode. You should be listening to this Mark Mashow in your favorite podcast player, or go to the YouTube channel Market Disruptors and you can watch me and listen to me at the same time. All the past episodes are archived on there, so go check it out. Okay, So, why

will no other currency challenge king dollar? Well, like I said, one, the dollar is widely accepted. Nobody wants to take chuck e Cheese tokens for your goods and services because nobody else would take those chuck e Cheese tokens. But if you accept a dollar, almost anybody in the world will take a dollar. Okay, that's number one. But as I'm saying, over the last ten years, we've seen China just completely blow past the United States as leading goods and services.

The US is only selling energy. Obviously, the dollar is also being sold by the petro dollar in Saudi Arabia. But now Saudi Arabia say they're gonna start selling energy in other currencies. So why does anybody want the dollar now? The other reason why is because the dollar has open capital markets. That means I can put money in, I can take money out, and China doesn't have open capital markets,

and so that's a big problem. However, as we talked about earlier in the show, I talked about how as the IMF increased the SDR basket for the Chinese you want, China said that they would start to open up their capital markets. Now I'll believe it when I see it. We're certainly not there yet. That's number two why king dollar won't be replaced, but here China is saying they're going to do that. Number three is that you need

to have a functioning bond market. So the United States Treasury is the best asset in the world to own by anybody. You know, these by these other central banks, conglomerates, et cetera. And so you need to have this functioning bond mark has to be big enough, has to have enough liquidity, et cetera. You also have to have the swift system. So the swift system is what allows the

money to go anywhere in the world. It's why the dollar is so accepted because the dollar really above everything is actually a payment network, and so it allows dollars to move anywhere in the world. I can send a dollar to basically anywhere in the world through this swift system. If you ever sent a bank wire, then you know what the swift system is. And then find the fifth reason is because of the correspondent banks that work within the system to move the money around. So you can't

just unplug the dollar and plug in the yuan. You don't have all those other things unless you could just bypass all those other things. And that's exactly the point that we're talking about. So when technology, when you look at the world how we industrialized. Specifically, let's just jump fast forward. I'm kind of running out of time here.

If you fast forward, you look at the United States, and we had telephones and it took about eighty years for the telephones to reach about eighty percent adoption because you had to literally run wires across the whole country. That took a long time and took a lot of money. But once we had the telephone lines ran, it was much easier and faster to adopt the Internet. The Internet worked across phone lines if you remember the old days

of the Internet. However, in other countries like Africa, for example, they didn't have phone lines, so Africa didn't get the Internet, so they were kind of left out of that. But as soon as we got wireless internet, which is everything's done wirelessly now, as soon as we got that, then Africa leapfrog pasted the US. They didn't ever, they did't ever go to wired phones. They went straight to wire lists. And that's exactly where we're at with the money supply.

So while no other country has the functioning bond market, the swift system, the correspondent banks, et cetera, what if they could just create a new system that doesn't need those, And that's exactly what we have. So the Bank of International Settlements, which is the central bank above all central banks, they're the big dog. They're at the top of the

org chart. They're the ones that coordinate all the money between the world, and the BIS and China have created something new called the m Bridge m Bridge and basically what this is, it's a cross bridge to move money between countries without the wires of what the US system has. It allows just like Africa leapfrog pass wired, they went straight to wireless, China is bypassing that old financial plumbing

and just moving to new financial plumbing. And the Central Banking Digital Currency platform really serves four main purposes that China really cares about. One, it blocks the ability for US to impose sanctions, and it blocks the ability for US to surveil all the financial transactions too. It builds non USD rails with their key partners, so the USD rails are how the money moves, so now they don't have to use the US dollar system. They can move

it on their own with their key trading partners. The rest of the bricks. It expands their offshore currency liquidity, so now all these countries can just start using their currency directly with them without having to go through the US dollar rails, without being worried about sanctioned and things like that. So it expands liquidity, and finally forth it

increases their influence over the geoeconomic sphere. So now China can have more influence on all these emerging markets because these emerging markets either one don't want to use the dollar, or two they're not allowed they don't have permission to use the dollar because of of course sanctions. And so now China can now exert their influence in this sphere because now people can just move directly to this currency. Now you can find this information on the BIS website.

It's called imbridge. Just go under projects and you'll see mbridge. But some text here says it's pretty important to read the payment system underpinning cross border financial flows has not kept pace with rapid growth. So what they're saying is that the payment system underpinning cross bitter financial flows, which is the US plumbing, the old wired phone system, the correspondent banks, swift, et cetera. They're saying that's old and

it hasn't kept pace with rapid growth. They're saying a global network of correspondent banks that facilitates international payments is hindered by high costs, the low speed, and transparency and operational complexities. So the thing that keeps the dollar in power. This global network of correspondent banks is actually the problem that they're trying to solve. You see, sort of like phone line where the barrier to speed and now we

can just send five G across the air. And so that old network that's keeping the US indominant position is actually the reason why they need to replace it. And so now they can they can fix that, it says. Notably, emerging markets and developing economies have a need affordable access to the global financial system. So the US has kicked a lot of these people out of the financial system. They're not allowed to participate, they don't have permission, but they need They need to be able to get into

a global financial system. How do they trade, how do they buy and sell goods if they're not allowed in which the US doesn't allow them, and so they need access, and so they say that a multi CBDC arrangement will connect all of them and it offers significant potential to improve the current system. So by creating this new inmbridge multiple CBDC system, they're able to connect together directly, which

will give them a big improvement, it says. The BIS Innovation Hub Hong Kong the Hong Kong One Onto Authority, which is sort of the one of the capital financial capitals of the world. The People's Bank of China of course PBOC, and the Central Bank of United Arab emir Rights UAE, which is of course energy working together to build such a multi CBDC platform known as m bridge. So basically they have just created a new system to

completely bypass the entire system. Now it's important to understand that this is not like one day maybe it could happen. It's here like this is this is happening. As a matter of fact, they launched it and have already run multiple tests, and they've already been I believe billions of dollars of trade have already been settled through this platform. This is something that we have to understand. It's here now. I do want to let you know. It's a CBDC, yes,

but it's right now. It's for central banks, it's for commercial banks, for state run banks. It's not yet designed for retail CBDCs, meaning CBDCs that you and I would be using or forced to use, I should say, but I say, yet, first they got to get it going between themselves. Once it's up and running, then they can make us use it. So this is coming, it's coming fast. The US dollar is going to lose dominance. But it is a process, not an event. Well, this is an event.

This happened and it's coming and you need to know. Now, how do you prepare? How do you protect yourself? Well, you need to become less reliant on the government. You need to become sovereign. The less dependent you can be, the better you'll be. That means not depending on their financial system. You can use bitcoin, not dependent on their food system. You can raise your own food or meat farmers that are you can not be dependent on their welfare.

You can build your own wealth. You can create wealth from anywhere by using the internet and being like a digital nomad. Become less dependent on the system. And that's how you'll survive. All right now, If you want more help, reach out to me. Hit me up on social media at one Mark Moss and I'd love to give you more information. I'm putting on information and daily on the on my social media. Hit me up there and that's what I got. Thanks so much for listening. Until next time, see it