reSee.it - Related Video Feed

Speaker 0 and Speaker 1 discuss how price dynamics could unfold, including dramatic changes in purchasing power and consumer pricing. They illustrate the idea with a hypothetical hamburger: a $15 hamburger could become a $30 or $50 item, making McDonald’s resemble a fancy restaurant. This example is used to describe massive deflation of the US dollar’s buying power at the same time as inflation in pricing, implying that what you think you earn could translate to substantially less purchasing power—“a third of that in terms of purchasing power.” They note that not all prices will move the same. Some prices rise much faster than others; for instance, a haircut—a local service provided by a barber—may not rise as quickly as goods prices. This creates a disconnect where the cost of goods increases rapidly while service prices lag. The consequence, they say, is a problem for service providers like barbers: income from services might not keep pace with the rising cost of living. Wages could rise, but not as much as the prices of everything people have to buy, leading to financial strain for individuals in those service-based occupations. In closing, Speaker 2 urges thinking long term about family finances and currency exposure, recommending against tying a family’s future to the US dollar. They advocate for investing in gold and silver, precious metals that have sustained value for thousands of years. They frame precious metals as a prudent hedge under the described economic conditions. They provide historical context for gold and silver: since the start of the millennium, silver rose from under $5 per ounce to over $90, and gold rose from under $300 to over $4,600. They claim that gold and silver have performed better than the stock market over that period.

You know my country was the first where they made cash illegal. 2016, digitalization was forced from the country. 08:00 in the evening announced midnight cash was illegal, the big notes. And 70% of the economy crashed. This digitalization is now going all over the world and there's a war on cash. They call it war on cash. Because cash is merely a medium of exchange. It has no value in itself. It's just a promise. You read the dollar note it says I promise to pay the bearer. But an element of that great reset is you will own nothing. And you might have also followed that while all this has been happening the founder of the World Economic Forum did a book called The Great Reset on how to deal with the COVID crisis.

"the dollars, days as the reserve currency are numbered." "we shortened that number ourselves with a self inflicted wound when Biden announced those crippling sanctions or hope they were intended to be crippling against, Russia." This sent "a strong message to the world that you don't want to hold dollars, that you don't wanna have the US dollar and US treasuries as your reserves because, you know, you run the risk of being punished by the US government." "And so we told the world, get rid of dollars and buy gold, and that's exactly what they've been doing." "That's why the of gold is at an all time record high, you know, despite the fact that retail investors have been selling gold all year." "Gold keeps going up, setting one record after another." "Gold is on pace for its best year since 1979." "That is not a coincidence."

We are currently in a global war and are being hindered by enemy infiltrators. The stock market is reaching new highs due to the rush to the US dollar from other currencies, particularly in the Euro zone. The Federal Reserve is also monetizing our debt, despite previous denials. The globalists' plan is to create this rush to the US dollar, similar to passengers fleeing a sinking ship. Once the lifeboats are full, they will be sunk, rendering the US dollar worthless. This plan is incredibly evil, and many people will not survive. We are at war with Russia, which began after removing Gaddafi from power in Libya. The Obama, Clinton, and Black ops plan was immediately implemented.

We are at a decision-making point and very close to a recession, but something worse than a recession is possible if things aren't handled well. The monetary order is breaking down because we cannot spend the amounts of money we are spending. This issue is connected to the dollar and tariffs. Profound changes are occurring in our domestic order and the world order. These times are very much like the 1930s.

Speaker 0 argues that losing the, the world standard dollar would be like losing a war, a major world war, and "We would not be the same country." The claim casts the dollar as a critical global benchmark whose disappearance would fundamentally change the United States, equating monetary dominance with the outcome of a major conflict and implying profound national implications. The statement underscores the perceived link between currency status and national power, suggesting that currency leadership shapes international influence and the country’s future trajectory. It frames the dollar's status as a strategic asset whose loss would amount to a strategic setback.

The year was 1871, and while the events of this year have been purposefully hidden from the masses, 1871 must never be forgotten. Much like Vatican City and the City Of London, Washington, D. C. Has its own sovereignty. Basically, D.C., City Of London, and Vatican City are totally separate territories from the nations in which they reside. Vatican City is technically enclaved within Rome, outfitted with its own special police force and political structure, the same way the City Of London is situated within the city called London, and it has its own flag, crest, police force, ceremonial armed forces, and a mayor. And sure, there are states within The United States that have their own constitution and distinctive flags, but I think most people you'd ask would know that Washington, D. C. Isn't a state. Most folks would tell you that Washington, D. C. Is where our laws are made, where our politicians congregate, and where our White House resides. But on the D. C. Flag, which is said to have been reflective of George Washington's coat of arms, there are three stars. And I wonder, are those stars representative of the three city states that exist as corporate entities outside of their respective nations? Vatican City, the religious hub, the city of London, the banking central, and Washington, D. C, the military leg of the empire. Being its own city state, DC has its own police force that shares a direct link with Congress, its own mayor, and its own set of laws. But our founding father certainly didn't set it up like this. So how did it come to be? The year was 1871. The US was going through a lot of turmoil. The nation was bankrupt and vulnerable after the civil war, and the London bankers, which included the notorious Rothschild family, were ready to make a deal with congress to remedy that turmoil. Turmoil, I might add, that is suspected that the bankers had a hand in creating in the first place. At any rate, these bankers made a lot of credit available in the aftermath of the civil war as a means to, one, fight Lincoln's greenback after he was murdered, with some theorizing that part of the motivation for his assassination came from his push to privatize the monetary system. The second reason that the bankers made so much credit available was to collect on the interest from those who desperately needed the money, which would be the United States government at the time. Now, this was nothing new, this was practice as old as time. Well, as old as Mystery Babylon. Not much has really changed since the days of Babylon, not the usury, not the debt slavery, not even the iconography. Passed by Congress, the Act of 1871 provided a government for the 10 mile parcel of land known as the District Of Columbia, allowing Washington, D. C. To act as a corporation outside of the original Constitution of The United States. So, okay, why does the Washington, D. C. Constitution have nothing to do with The United States constitution? Why exactly is Washington, D. C. Totally separate from the rest of The United States? Why does it need to be separate from The United States, as a separate territory at the epicenter of the Virgin Mary, tucked right between Virginia and Maryland? The Act of 1871 changed our country's founding fathers' original constitution for The United States for America to the constitution of The United States Of America. If you blink, you might miss it because it's a mixture of impactful wording and some weird capitalization thrown in there that pretty means nothing to the average person upon initial inspection. But these subtle changes are a huge deal in the realm of legislation. Compounded with these minor changes was clever marketing of the act as a way to unify the territorial government for the entire District of Columbia. The aforementioned are contributing factors as to how such a major act flew under the radar, ultimately overturning the United States Constitutional Republic. Since 1871, the federal government has usurped nearly all of the power that was formerly held in the hands of the people. But how on earth was Congress able to pass a separate constitution and incorporate The United States? A bunch of attorneys have contacted me about this subject, explaining it to me, thank you for everyone who's done that, but let me break it down to you in a way that won't make you just totally fall asleep. A corporation, by definition, is a legal entity from its owners. A corporation protects its owners from personal liability for corporate debts and obligations within limits. So was the Act of 1871 as harmless as some claim just an act to provide a government for the District Of Columbia and nothing more? We can answer that question by simply stepping back and taking a look at the dominoes that fell after this act was passed, and asking the question: Who benefited from this piece of legislation? Is the Act of 1871 the reason why Congress passed the sixteenth amendment, which allowed the federal government to tax individual personal income regardless of state population? Is the Act of 1871 the reason why the Federal Reserve Act of 1913 was passed, handing over America's gold and silver reserves and ultimately the total control of America's economy to the Federal Reserve Bank. Think about it. A private corporation established their private bank, acting as the central bank of The United States, But it isn't even a government institution, but a privately owned banking system. Is it a coincidence that social security numbers started being assigned in 1935, social security numbers being the nine digit numbers given to every U. S. Citizen, and used for income tracking and taxation purposes. Ultimately, individual income taxes have been the primary source of revenue for the U. S. Federal government since the 1950s. These moves make a lot of sense when examined through the lens of The United States as a corporation and its citizens as employees, a corporate government asset before they even go through puberty. But still, throughout all this time, there was a promise that the American dollar was actually worth something. Something tangible, not just the confidence to exchange it for goods and services. A dollar was worth one thirty fifth an ounce of gold. But then President Richard Nixon came along and screwed that up for us. Severing the final link between the dollar and gold in 1971. In other words, he took the dollar off the gold standard once and for all. Steadily, the purchasing power of the dollar has declined while federal and consumer debt has increased. Currently, we're witnessing the culmination of all of these decisions, and it ain't pretty. We're one bad flu season removed from Weimar Republic wheelbarrow money. So who would you say benefited from the Act of 1871? The average US citizen, or the bankers who incorporated The United States, who have been buying politicians ever since? The same Federal Reserve who serves absolutely no real function except stealing the purchasing power of your sixty plus hour work week and then redistributing those funds to destroy your rights and enslave you on your own soil. Hey, just like they did back in Babylon. It's the same folks using the same debt slavery system, time after time. When will we learn that debt with interest is a system of perpetual debt, and is continually passed on to the people beneath, until until the debt gap consumes all but those who own the debt? Well, like I said in the beginning of this video, the most pivotal year in United States history was never taught to me in schoolpublic or privateand never taught to me at a college level. But as Americans, it's so important that we not let this information die with our generation. One of the most important lessons you can teach your children is how to obtain their own freedomhow to identify when their freedoms are being taken from them, and how to demand those personal freedoms and liberties back, instead of waiting around for a hero in the form of a politician to represent them, to offer solutions. During this time, we've seen people of all ages crying out for change. And instead of focusing on the changes we could make that could fundamentally change The United States for the better, especially on an individual level, politicians are selling socialism and communism, aka more government control, to young people looking for an answer. And they beg for it because the future seems so bleak. Whether you play with paper or with digital money, the future will always be bleak if you're a debt slave. If before your foot even touches this earth, you're scanned into the system as an employee of this corporation who does not care about you one bit. The United States is still a great country, but it has its problems, and you know you can riot and loot and protest protest all all you you want. Want, But until the Federal Reserve is ended, until the Act of 1871 is torn into a thousand pieces and thrown into the wind, until the IRS is abolished, and until we move back to the gold standard, we have no chance at experiencing any iota of freedom.

The discussion centers on the surge in gold and silver prices and the idea that this signals a broader financial crisis. The hosts note gold recently around $4,600 per ounce and silver near $92, with silver has seen renewed interest as a potential hedge amid financial stress. Analysts point to silver production at about 800 million ounces per year, and bank short positions in silver reportedly totaling about 4.4 billion ounces; the argument is that if silver continues to rise, it could strain the big U.S. banks that have underwritten these shorts. Peter Schiff, a silver and gold expert and economist, argues that the price movements reflect a coming financial crisis akin to the subprime mortgage crisis of 2007, but this time tied to U.S. sovereign credit and the dollar. He notes that gold and silver have risen substantially—gold has more than doubled and silver has nearly tripled in the past year—and frames this as a warning of a dollar crisis and a U.S. treasury crisis that could hit next year. He emphasizes that foreign central banks are buying gold instead of U.S. treasuries, signaling a shift away from the dollar as the global reserve currency, and predicts that this will lead to higher consumer prices and higher interest rates as the dollar’s buying power collapses. Referring to Venezuela’s experience, Schiff connects the issue to the broader dynamics of global currency demand, suggesting that the U.S. has used the dollar’s reserve status to sustain higher levels of spending, but that the world is moving away from the dollar. He forecasts a much weaker purchasing power for ordinary Americans, with prices rising sharply while wages may not keep pace. He provides a provocative example, suggesting that a hamburger could jump from about $15 to $30 or $50, illustrating the potential magnitude of inflation and the erosion of real income. On the silver short position for banks, Schiff says those who are shorting silver, especially those who do not own the metal, are in trouble and could face significant losses, though he does not claim this alone would bankrupt banks. He argues that banks also face deteriorating loan books and housing market pressures, with commercial real estate already down and residential prices still adjusted. He contends the banking system is in a precarious position, contributing to the Fed’s rate cuts and policy moves aimed at propping up banks. For individuals, Schiff argues that the dollar’s reserve status has enabled living beyond means, and as the dollar declines, imported goods will become much more expensive. He advises a shift away from paper assets toward real money such as gold and silver, and highlights mining stocks as potential opportunities, noting that costs for mining may be lower than a year ago while prices for metals rise. He asserts that junior mining stocks could outperform as the market recognizes their leverage to rising metal prices, and promotes diversification into gold and silver investments as a hedge against a dollar crisis.

Speaker 1 describes the current situation as people living it: they are being squeezed from every angle, and it won’t stop until people say enough. The stock market’s record highs are contrasted with the destruction of the middle class from within. Currency devaluation, artificially suppressed rates, and vast debt expansion are cited as mechanisms, with war described as a means to pull dollars into the now. The speaker argues we are in a multiple crisis environment and that liquidity is drying up; without a new mechanism to pull more borrowed dollars into the present, a Mad Max scenario or worse could ensue as the system inflates into oblivion. The speaker asserts that currency devaluation fosters the greatest wealth transfer the world has seen, asking who benefits from a weaker dollar and lower rates. They claim politicians or bankers promoting a weaker dollar or lower rates are speaking to the 12% who should benefit, not to the general public. The stock market is owned by the one- and two-percenters, and artificially suppressed rates push cash into risk assets, benefiting the elite while the average person is left behind. The Cantelon effect is mentioned as a mechanism to describe how new money is created and distributed: those closest to the money—the entrepreneur class and lead class—receive cash first before it devalues and trickles down to the regular person, who loses purchasing power in the process. Speaker 0 acknowledges this perspective. Speakers discuss why low rates appear attractive on paper but, in practice, when prosperity exists with high rates and a stronger currency, the dynamic changes. The FED and the Fed-treasury complex are described as being assembled to be lenders and buyers of last resort, keeping rates artificially suppressed so cash can flow into risk assets, thereby benefiting the top percentiles and leaving others to be wiped out eventually. The solution offered is straightforward: say enough and fix the system from the bottom up, not from the top down. The elite class does not have the public’s best interest in mind. Rebuilding must start with returning purchasing power to the currency and to the people, which would require much higher rates than currently exist. This would dramatically depress stock prices, interfering with the wealth transfer to the 1–2 percenters. The core message is that broad public action is needed to reverse these dynamics, as politicians and bankers advocate for weaker dollars or lower rates that primarily benefit a small elite while the general population suffers.

We are in a monetary revolution where the power needs to be taken back from the private families and central banks that print money. The government is not in control. This is why we can't see change in congress or have a government that works for us. We need a peaceful revolution, a monetary revolution, where we stop using their money and instead invest in assets like gold, silver, Bitcoin, Litecoin, and Global Boost. These assets can't be inflated or seized. Remember your seed phrase and keep it secure.

The speaker argues that "the dollars, days as the reserve currency are numbered" and claims this was worsened by "a self inflicted wound when Biden announced those crippling sanctions or hope they were intended to be crippling against, Russia." This, they say, sent a strong message that "you don't want to hold dollars, that you don't wanna have the US dollar and US treasuries as your reserves because, you know, you run the risk of being punished by the US government." "If you do something that the US government doesn't approve of, you could be sanctioned, and you may lose, those reserves at a time when you really need them." Consequently, "And so we told the world, get rid of dollars and buy gold, and that's exactly what they've been doing." They note "that's why the of gold is at an all time record high, you know, despite the fact that retail investors have been selling gold all year." "Gold keeps going up, setting one record after another." "Gold is on pace for its best year since 1979." "That is not a coincidence."

The M2 money supply is decreasing while the USA Treasury dollars are increasing, indicating a transition from fiat currency to the US Treasury system. This has been done before, such as with President Lincoln's greenback currency and President Kennedy's silver certificates. The creation of the Federal Reserve in 1913 led to a decline in purchasing power and various economic events. As the Federal Reserve continues to print money, countries are considering abandoning the US dollar. Transitioning to treasury dollars is seen as a solution to upgrade the monetary system. Signs of a collapsing fiat currency include debt holders selling debt and the central bank printing money to buy it. The US Federal Tax Revenue is decreasing, and countries are creating their own gold currency. Change is coming rapidly and unexpectedly.

If a store of wealth is in jeopardy due to excessive supply and demand, and monetary inflation occurs, severe disruptions will result. These disruptions could resemble the breakdown of the monetary system in 1971 or the 2008 financial crisis, but could be even more severe if other factors occur simultaneously. The worst-case scenario involves a political downturn, internal conflict that deviates from normal democratic processes, and international conflict that significantly disrupts the world, all impacting the value of money.

Speaker 0 argues that we are witnessing the end of the fiat dollar-based currency system. He states that unless someone steps in to recognize this, the purchasing power of the dollar is going to zero, and on recent indications this will happen more quickly than originally thought. Regarding investments, he says that if you’re looking at buying gold or silver, it’s not that they are going up so much; rather, the issue is the dollar’s decline, with volatility noted and silver recovering quickly, as is copper. On the topic of hoarding or taking a position, he says you have to ask yourself not the question “is gold going down?” but “will the currency stop going down?” He notes that nothing happens in a straight smooth line, but the loss of purchasing power of the dollar measured by gold—described as real legal money despite what the treasury has claimed for fifty-five years—is accelerating. He concludes that the decline in the dollar is accelerating and is quite alarming when measured in real legal money.

Argentina’s decline from one of the world’s wealthiest nations to a country crippled by inflation and debt is tied to repeated economic crises and decades of mismanagement. The conversation begins with a chart illustrating that, while global inflation has hovered in the high single digits in recent years, Argentina’s inflation has not been that low for decades and has been higher than 100% for almost all of 2023. A century ago, Argentina’s GDP per person was higher than France’s or Germany’s, but persistent mismanagement over time has led to ongoing economic crises. The transcript attributes a large portion of Argentina’s inflation problem to Juan Domingo Peron, who was elected president in 1946. It notes Peron’s inspiration from Mussolini’s fascist Italy and his beliefs in nationalism and government intervention. Peron increased wages for the poor but funded extensive welfare schemes and embraced economic isolationism, which laid the foundations for economic disaster. The legacy of Peron remains dominant in Argentine politics, according to the summary, with voters having elected a series of populous presidents who have followed the same irresponsible irresponsible policies. Amid growing discontent over the economy, voters have propelled Javier Mille, described as an anarcho capitalist outsider, into the second round of the presidential election. Mille’s platform advocates a free market approach that includes slashing public spending, scrapping most taxes, and blowing up the central bank. The analysis notes, however, that even if Mille wins, a Malay government would probably be too weak to implement his radical agenda. The broader point made is that fixing Argentina’s economic dysfunction requires a political consensus that remains elusive. In summary, the narrative connects Argentina’s current high inflation and debt challenges to historical policies dating back to Peron, whose mix of welfare expansion and economic isolationism is seen as foundational to the country’s present struggles. Contemporary politics reflect a desire for radical change, embodied by Mille’s candidacy, but structural constraints and a lack of broad political consensus are presented as significant obstacles to reform.

America's gold was supposed to back the dollar. Leaving the gold standard was the most costly mistake we ever made. After the world war, they promised gold backed dollars, but they broke that promise. They printed paper backed by nothing, funded wars we couldn't afford and shouldn't have been involved in. But France caught on and sent a warship to get back their gold. Truth is, if more countries followed, our vaults would be empty and game secretary of the treasury to take the action necessary to suspend temporarily the convertibility of the dollar into gold. Turns out, when you fake the money, everything else follows and you screw the next generation over. Prices shot up, paychecks didn't, life got tougher, and nobody knew why.

The US national debt has surpassed $33 trillion, with about a third of that added in the last five years. The speaker questions who the nation owes this debt to and highlights the power of bankers, particularly in the Federal Reserve System, who create trillions of dollars without producing anything of value. They quote Thomas Jefferson's warning about the dangers of private banks controlling the money supply. The speaker also points out that money, whether it's a $1 bill or a $20 bill, is just paper with no inherent value. Another speaker mentions the potential value of Bitcoin as the US dollar loses value, suggesting that micro Bitcoins or satoshis could become a common form of untraceable transactions.

So on Tuesday, the Turkish lira suffered its worst day since August 2018, falling 9% against the dollar with a new low of nearly 13 lira per dollar. If this sounds bad, then consider the fact that only a few years ago, it was about 3 lira per dollar, meaning that the lira has lost nearly 80% of its original value. As the lira has lost value, inflation has shot. If a tin of beans from The US is priced at $1, in 2016, it would have cost 3 lira. Today, the price of that same tin of beans would have inflated to nearly 13 lira. Turkey's annual inflation rate today then is about 20%, well above Turkey's historic average of between 510%. And for context, The UK is currently freaking out about the prospect of 4% inflation.

Speaker 0: We saw US bankruptcies at the highest rate since Trump's last presidency. We see the economy shuttering due to tariffs. We see vegetable prices going up 40%. There are bunch of different You know why? PPI just said that vegetable price is going up 40%. I'm asking if you know why. Sure. Storms, weather, droughts all over the world. What about electricity prices going up 10%? It has it has to be. Do know when liberation I think if you're gonna throw out Donald Trump is responsible for vegetable, but you should come and know Liberation will be terrible.

Dilution occurs when you add more of something to an existing quantity, reducing its value. For example, printing $5 trillion dilutes the value of money, meaning that if someone earns minimum wage, their purchasing power decreases in real terms. This dilution is a primary cause of inflation. While specific price increases can be attributed to factors like feed costs or geopolitical events, the simultaneous rise in prices across the board suggests a broader issue. Other countries have also printed money, which may have mitigated the impact on the dollar. However, as we approach the debt limit, the reluctance to print more money stems from its detrimental effects on the economy.

Peter Schiff and the hosts discuss how surging gold and silver prices relate to potential banking instability and a broader dollar crisis. Key points: - Silver production is about 800,000,000 ounces per year, while bank shorts on silver are claimed at 4,400,000,000 ounces according to some reports. The implication is that if silver continues to rise, the biggest banks in America could face severe coverage challenges for their short positions. The discussion notes that many banks are “barely covering their asses to stay afloat.” - Gold and silver price levels are highlighted: gold at about $4,600 per ounce after a bounce, and silver at about $92 per ounce. Peter Schiff, introduced as a silver and gold expert and economist, has authored The Real Crash, How to Save Yourself and Your Country, and America’s Coming Bankruptcy. The host mentions the book. - Peter Schiff’s perspective on timing and crisis: he says the 2013 book predicted the current situation and that gold and silver have risen significantly—gold up, silver up substantially. He believes the price moves signal a major warning of a financial or economic crisis, comparing it to the subprime warning before the 2008 crisis. He asserts this time the warning concerns the U.S. government sovereign credit and a potential dollar crisis and U.S. Treasury crisis, possibly unfolding next year. - Connection to global debt and the dollar: Schiff explains that much debt is sustainable because the U.S. dollar serves as the global reserve currency, enabling continued spending. He notes foreign central banks buying gold instead of U.S. Treasuries, moving out of dollars into gold, and cites U.S. intervention in oil-rich Venezuela as part of broader moves to keep oil prices down. He argues that the dollar’s reserve status is eroding, and a meaningful decline in the dollar relative to other currencies could soon impact consumer prices and interest rates, leading to higher costs for Americans. - Impact on the average person: Schiff asserts that the reserve currency status has long supported a standard of living that relies on importing goods paid for with dollars created “out of thin air.” As the dollar collapses and the world shifts away from the dollar, the dollars earned and saved by ordinary people will buy less, with price spikes across goods and services. He suggests a future scenario where prices rise dramatically while wages do not keep pace, giving an example of a hamburger potentially rising from $15 to $30 or $50, and services versus goods diverging in price movement. - Preparation and investment stance: Schiff emphasizes that gold and silver have performed well since the turn of the century, outperforming the Dow in real terms. He argues for moving wealth into real money rather than paper assets and notes, in general terms, opportunities in mining stocks as a hedge, including juniors and mid-tier producers. He references the broader strategy of diversifying out of U.S. stocks, bonds, and dollars to protect wealth during what he describes as a coming real crisis; he stresses focusing on real assets rather than relying on the dollar. - Final remarks: Schiff reiterates that the crisis is coming and that some Americans should consider protecting wealth through precious metals and mining opportunities, while the hosts acknowledge the outlook and thank him for the insights.