CBDC Currency Reset
The Currency Reset Will Wipe Out Creditors and Usher in CBDCs. Part 2. [1:18:31 video]
Today I had the pleasure of speaking with Clive Thompson again. Mr. Thompson is a retired wealth manager based out of Switzerland. Today we went through many questions the viewers' had from our first interview back on November 24, 2022, entitled: The Currency Reset Will Wipe Out Creditors and Usher in CBDCs. https://youtu.be/L9aye4wQ8Ok
Video Chapters: 00:00 Introduction 01:03 Clive Thompson's brief summary of how he thinks the CBDCs will be introduced and how the reset will occur 07:34 Brazil and its seven currency resets since 1942 11:40 How to prepare and navigate through a currency reset 28:36 Clive Thompson goes through viewers' questions from the first interview 01:16:36 Conclusion
Clive Thompson corrected his previous statement about Switzerland opting out CBDC by referendum. In the above sequel, he stated "no nation will be immune to CBDC". His recommendation in preparation for the reset is to reduce the large exposures to cash and bonds.
The contrarian view by Tom Luongo, analyst as well as chemist.
QPOL 001 - Tom Luongo on the Counter Revolution - Part 3 [37:50 video]
Tom Luongo joins me to discuss: - The Fed's "pivot" - Meloni exposing French Mercantilism - SBF/FTX conspiracy - who's really behind Tether - winning the cultural revolution
Cut Interest Rates & Dollar is Done, Toast, It’s Over – David Morgan [46 minute video]
Economic analyst and financial writer David Morgan says do not expect the Federal Reserve to lower interest rates anytime soon. Morgan thinks the Fed is not going to devalue the dollar. Morgan explains, “We need to continue the dollar until the new system is initiated. That’s the point. Yes, it’s about interest rates, that is part of the mechanics about this. The philosophy is we need a dollar in the system as the king when we transition into the new system. Now, there is a debate whether that is true or false. Is this going to be a global currency? Is it going to be a central bank digital currency (CBDC) that is worldwide? Or is it going to be nation states with their own currencies? That has yet to be determined. I think the power behind the Fed wants the dollar to survive, and they are going to make it survive. That means they are going to push interest rate as high as necessary until they can transition to this new system.”
So, what about this so-called Fed “pivot” to lower interest rates to save the day? Forget it. Morgan explains, “Take the converse. Most of my peer group talks about the ‘pivot.’ Meaning, the Fed stops raising interest rates or they get to a level, they pause, and they start to lower them. Anybody who is anybody in the financial markets knows if that is the case, they have basically destroyed the U.S. dollar. It’s done. It’s toast. It’s over. What that means is people will get rid of it as fast as they can. All the dollars overseas will come back and repatriate for anything such as land, Toyotas, Fords–anything. . . . 60% of all printed physical currency (U.S. dollars) is held outside the borders of the United States. The reason for that is two-fold. Number one, it is the reserve currency of the world. The second reason is that it is trusted in countries that continually have currency crises. Argentina has a currency crisis every decade, and you have Turkey, and you have several others including Zimbabwe. What do they use? They use metal and U.S. printed currency. That’s their black market or free market. So, the currency of the U.S. dollar is trusted. . . . If you use the Exter Inverted Pyramid as a model as to how the crash happens, there is a run to the U.S dollar before there is a run to gold. So, I am not surprised to see the dollar so high, but it has backed off some recently. . . . The dollar is trusted at this point in time, and to keep that trust going, we are going to sweeten the deal and keep pushing interest rates up higher and higher. They are saying trust us, trust us, trust us. They are doing it to buy time because everyone knows the system is failing, and they have to do something different.”
Morgan also gives predictions for what is in store in 2023. He talks about why you need gold and silver and why you need it now. Morgan also has predictions for war, real estate, food, unemployment, the vaxed and inflation along with deflation. The unprepared will be struggling way more than the prepared next year. You need to get ready now according to Morgan.
Federal Reserve Is On The Brink Of Bankruptcy (Here's Proof) – George Gammon [11:44 video]
Why Privacy Is Worth More Than You Think! - Darren Moore Jr. [23:29 video]
Economic freedom and prosperity are inextricably linked. It's important to note that the United States plays a large role in managing the world's financial system. This includes not only the reserve currency status of the dollar but also control over a significant amount of data. There is a growing concern about how artificial intelligence is being used to distill this data. In light of this, it is imperative to have a safe and secure layer of the internet that is private and free from oppression. Liquidfinity is a groundbreaking new technology that has the potential to replace centralized exchanges and bridges. Interoperability just got an upgrade and the bridging and wrapping phase is going to change to on-chain swaps! This is a huge development with far-reaching implications for all markets and power structures.