Gold to Infinity and then a Reset Via CBDC. Interview with Clive Thompson

#dollar #debt #money #investing

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Video Chapters:

00:00 Introduction
01:45 Clive's view on the Federal Reserve's rate cut
03:30 We are in a scenario where all currencies are losing value rapidly
04:50 Gold versus the dollar index
06:37 Government debt on an unsustainable path
09:10 Gold is the ultimate measure of value
09:26 Central banks continue to load up on gold
15:04 CBDCs - We are moving into a world of more control and monitoring of your assets
15:56 Clive explains the mechanism of a CBDC
18:20 Unsustainable government debt and a currency reset via a CBDC would
24:48 A crisis will be used to freeze your old currency into your CBDC digital wallet
27:30 A reset would help the government wipe out the debt and start again from scratch
31:22 Reset will hurt the wealthy but help the wealthy who have a lot of non financial assets
34:52 Gold and silver in a currency reset
38:04 The alternative to a CBDC - the free market would decide