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Tariffs and the Rise of BRICS a One-World Digital Currency
In this conversation, Steve and David discuss various topics including ballroom dancing, health, inflation, interest rates, tariffs, and the rise of BRICS (Brazil, Russia, India, China, South Africa) as a competitor to the US dollar.
They highlight the challenges of inflation, the impact of government spending, and the potential consequences of the US dollar losing its reserve currency status. They emphasize the importance of being informed and prepared for the economic changes that lie ahead.
The conversation discusses the potential shift towards a one-world digital currency and the implications for the US dollar. It highlights the International Monetary Fund's (IMF) preparation for a financial revolution and the creation of digital central bank currencies. The IMF and the Bank of International Settlements (BIS) are working together to establish a unified ledger system for these digital currencies.
The conversation also touches on the shorting of the treasury market and the potential consequences of this action. The importance of diversification and the role of gold and silver as a hedge against economic uncertainty are emphasized.
Landmark Gold:
https://www.landmarkgold.com/
Chapters
00:00 Introduction and the Inspiration of Ballroom Dancing
03:13 The Challenge of Controlling Inflation and the Potential for Stagflation
06:58 The Impact of BRICS on the Global Economy
13:42 The Double-Edged Sword of Tariffs
25:27 Being Informed and Prepared for Economic Challenges
40:44 The Rise of Digital Currencies and the Financial Revolution
51:25 Shorting the Treasury Market and its Implications
01:04:24 The Increasing Demand for Gold and Silver
01:09:46 The Importance of Diversification and Education
01:16:00 Thanks for Watching
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