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The end of the petrodollar marks the first step towards eliminating the dollar as the reserve currency. This will have significant economic consequences and we need to be honest about it. The Russians have greatly benefited from this situation. The actions of the Washington politicians, including Mr. Romney, have all failed and backfired. They are shameless frauds.

China and Russia recently conducted naval exercises in the South China Sea and the Black Sea respectively, while the US military is stretched thin across multiple regions. The speaker suggests that these events are happening without much attention. They also express concern about the collapse of the dollar and the resulting chaos in America, attributing it to a plan orchestrated by central bankers and world leaders. The speaker believes that a new world order, as mentioned by George H.W. Bush in 1990, is being formed through the manipulation of governments and covert actions. They argue that the US, once a barrier against globalists, is now being led towards destruction.

Benghazi was a logistics hub for arming anti-Assad terrorists. Russia exposed this operation by attacking the CIA center, putting a stop to it. The Western media didn't report on it. The efforts to overthrow Assad continue, but now weapons are primarily coming from Croatia. This poses a threat to Russia, so they are waging war against America by targeting our weak economy, specifically the oil-backed dollar.

The speaker discusses the intentional and deliberate act of killing the United States dollar, which they claim is the ultimate agenda under Obama. They question the motives of those who seek to destroy the national currency and express concern about the allegiance of these individuals. The speaker argues that killing the currency is an act of high treason that undermines the sovereignty and survival of the nation.

America is trying to change the rules in the gold and cryptocurrency markets. They note a 35 trillion dollar debt and describe it as part of the world’s two alternative currency market segments. Washington’s actions in this direction clearly demonstrate one of the main American objectives: they want to solve the problem of declining trust in the U.S. dollar, as it was in the 1930s and the 1970s, by solving their financial problems at the expense of the world and driving everyone into the crypto cloud. Over time, when part of the U.S. national debt is placed in stablecoins, the United States will devalue that debt. In simple terms: they have a 35-trillion-dollar debt, they are pushing it into crypto, into the cloud, they are devaluing it, and they are starting from scratch. This is for those who are enthusiastic about crypto.

At the same moment COVID emergency powers began to wane, leaders started pushing for conflict with Russia, assuming historic war powers and declaring economic war without public debate. The administration destroyed Russia's currency, removed it from the international banking system, and seized property of affiliated people without due process. Tech monopolies now exert unprecedented control over public opinion, defining who Americans must hate and stage-managing crises. While these monopolies try to hide some topics, inflation cannot be hidden. Inflation is so high that even affluent people are worried, and politicians deny that government spending has anything to do with it. Inflation is a function of money supply. After the 2008 financial crisis, the Federal Reserve dropped interest rates to near zero and began printing money, which destroyed the economy. The country became more lopsided economically, with fewer people owning more. The Fed is out of tricks and cannot painlessly massage its way out of high gas prices. The White House is pretending it's not happening or blaming Vladimir Putin.

Geopolitics remains a significant factor in global control, particularly in the development of the Eurasian bloc. The US aims to dominate Latin America, Africa, and parts of Asia, using the US dollar as an exploitation mechanism. However, the rise of Russia, China, and their collaborators threatens this dominance. The US is desperate and planning military actions against China. The elite wants to maintain their wealth, leading to economic suffering for the working and lower classes. To prevent resistance, propaganda, lies, and control are used, along with viral scares like COVID-19. Geopolitical changes, such as the war in Ukraine and advancements in military technology, are undermining US dominance. Russia and China have their own vaccines. The deaths and economic impact would have occurred regardless of a new pathogen. The speaker expresses concern about the power of a product being sold on infowarsstore.com.

At the same moment COVID emergency powers waned, leaders began pushing for conflict with Russia, assuming historic war powers and declaring economic war without congressional authorization. The administration destroyed Russia's currency, removed it from the banking system, and seized property without due process, actions unprecedented in US history. Tech monopolies now exert unprecedented control over public opinion, defining who Americans must hate and manipulating crises. Inflation is so high that even affluent people are worried, and politicians are lying about its causes. Inflation is a function of money supply, which increased dramatically under the Biden administration, but the problem started after the 2008 financial crisis when the Federal Reserve dropped interest rates to near zero and began printing money. This created asset inflation and economic disparity, but nobody could stop it for fear of collapse. The Fed is out of tricks, and the White House is pretending it's not happening or blaming Vladimir Putin.

The speaker warns that the US dollar's decline will have a significant impact on everyone globally. They believe that those involved in this plot should face criminal charges, a trial, and potentially the death penalty. The speaker claims that the plan to destroy the dollar started before Obama's time, but he and others have accelerated it. The ultimate goal is to establish a global currency and governance system. However, most people fail to grasp the full extent of this scheme and are distracted by other matters.

"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."

In 2011, economist Kyle Bass interviewed a senior member of the Obama administration about their plans for the US economy and trade deficit. When asked about US exports and wages, the official responded with just seven words: "We're just going to kill the dollar." This statement holds the key to understanding everything that has been happening domestically and globally. It renders all other questions irrelevant and provides an explanation for all economic matters. Take a moment to reflect on the implications of this statement.

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.

The ongoing wars are fueled by peace agreements that are not meant to be upheld. The conflict in Ukraine started with a coup backed by the US, leading to violations of peace agreements. NATO's expansion and manipulation of the US dollar are used as tools for control. The overthrow of Gaddafi was to prevent a currency competition with the US dollar. Ultimately, these actions benefit corporations like BlackRock and Vanguard.

According to a source within the Obama administration, the plan to fix the US economy involves killing the dollar. This agenda explains domestic and global events and implies an act of high treason that undermines US sovereignty. The ultimate objective is to implement a new currency within a system of global governance. The speaker claims that various issues, such as gun control and economic problems, are related and that both Republican and Democratic parties are colluding to subjugate the US to a global system. The speaker alleges that America is a captured operation, with collaborators installed to facilitate a takeover. The speaker claims that high stock market numbers are misleading and driven by a rush to the dollar and the monetization of debt. The plan is to sink the dollar once it's full. The speaker also alleges a covert operation in Benghazi to arm anti-Assad terrorists, which Russia exposed. Russia is waging war against America by attacking the oil-backed dollar. China and Russia are forming an alliance to replace the US dollar with a gold-backed currency.

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."

According to a source within the Obama administration, the plan to fix the US economy involves killing the dollar. This agenda explains domestic and global events and constitutes an act of treason that will impact every nation. The speaker believes we are past the point of no return, and this plot predates Obama, whose administration has accelerated the plan to implement a global currency and governance system. The speaker claims that events like gun confiscation initiatives are related and that both Republican and Democratic parties are colluding to subjugate the US. The speaker alleges that the stock market highs are manipulated and driven by a rush to the dollar before it becomes worthless. The speaker asserts that the Obama-Clinton plan in Libya led to the arming of anti-Assad terrorists, provoking Russia. Russia is waging war against America by targeting the oil-backed dollar. China and Russia are forming an alliance to replace the US dollar with a gold-backed currency, while the US gold reserves are unaudited. The speaker concludes that a currency war is being waged alongside military involvement in the Middle East.

The Obama administration is being criticized for not protecting the US from an asymmetrical war. A meeting between Chinese President Xi Jinping and Russian President Vladimir Putin in Moscow is seen as significant because it aims to replace the US dollar as the reserve currency with a gold-backed currency. China and Russia are reportedly hoarding gold, but downplaying their reserves. The lack of transparency regarding the US gold reserves in Fort Knox and the Federal Reserve is seen as suspicious. The battle is not only military but also a currency war, with the US being manipulated through its military involvement in the Middle East.

The District of Columbia is no longer working for the American people. Bills are controlled by a public-private partnership tied to the globalist agenda, aiming to erode US sovereignty and freedoms. The Davos crew and banking cartel are manipulating leaders for the Great Reset, pushing for digital currency and climate change policies. The US is under attack from within, with efforts to divide based on race, religion, and more. This is an international battle against the loss of sovereignty and freedom.

Globalist elites control governments via financial markets, institutions, and mainstream media. They don't represent the interests of Europeans or most Americans, but their own, and their agenda is to destroy Russia. They want to replace Putin because Russia is the last major European power with a national identity, language, and culture based on orthodox Christianity, making it the enemy of globalists. Globalists have flooded Western countries with non-Europeans to dilute, weaken, and destroy national identity and culture, and eliminate Christianity's cultural power. They want to do the same to Russia, which has enormous mineral, agricultural, oil, gas, and rare metal resources. Destroying the Russian government, removing Putin, and entering Russia would allow them to strip its resources and enrich themselves further. Russia is holding out.

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.

The fate of America's economy has been determined by a senior Obama administration official who stated, "We're just going to kill the dollar." This single sentence explains the entire economic agenda domestically and globally, rendering all other questions irrelevant. It implies a significant shift in economic policy.

At the same moment COVID emergency powers began to wane, leaders started pushing for conflict with Russia, assuming historic war powers and declaring economic war without public debate. The administration destroyed Russia's currency, removed it from the banking system, and seized property of affiliated people without due process. Tech monopolies now exert unprecedented control over public opinion, defining who Americans must hate and stage-managing crises. Inflation is so high that even affluent people are worried, and politicians deny that government spending is the cause. Inflation is a function of money supply, which increased dramatically under the Biden administration, but it started after the 2008 financial crisis when the Federal Reserve dropped interest rates to near zero and began printing money. This created asset inflation and economic disparity, but nobody could stop it for fear of collapse. The Fed is out of tricks, and the White House is pretending it's not happening or blaming Putin. The White House claims oil companies don't want to make money, which is why they're not drilling for oil.

The speaker argues that using the dollar as a tool of foreign policy is one of the biggest strategic mistakes by the US political leadership, stating that the dollar is the cornerstone of US power and that printing more dollars leads to their wide dispersion worldwide. Inflation in the United States is described as minimal, about 3% to 3.4%, and the speaker asserts that the US will not stop printing. The debt of $33 trillion is said to indicate emission, and the dollar is described as the main weapon used by the United States to preserve its power globally. Once the political leadership decided to use the US dollar as a tool of political struggle, the speaker claims a blow was dealt to American power. The speaker avoids strong language but calls the strategy a stupid thing to do and a grave mistake, pointing to world events as evidence. The speaker notes that US allies are downsizing their dollar reserves, and asserts that these actions cause everyone to seek ways to protect themselves. They claim that US restrictive measures—such as placing restrictions on transactions and freezing assets—cause great concern and send a signal to the world. A historical point is made: until 2022, about 80% of Russian foreign trade transactions were conducted in US dollars and euros, with US dollars accounting for approximately 50% of Russia’s transactions with third countries; currently, the share is down to 13%. The speaker emphasizes that Russia did not ban the use of the US dollar; it was a decision by the United States to restrict transactions in US dollars. The speaker contends that the policy is foolish from the standpoint of US interests and taxpayers because it damages the US economy and undermines US power, and notes that transactions in Yuan accounted for about 3%. Today, 34% of transactions are in rubles, and a little over 34% in yuan. The speaker asks why the United States did this, offering “self conceit” as the guess, claiming the US probably thought it would lead to full collapse, but nothing collapsed. Additionally, the speaker states that other countries, including oil producers, are thinking of and already accepting payments for oil in yuan. The question is posed to the United States about whether anyone realizes what is happening and what they are doing, as the speaker suggests that the US is cutting itself off. Finally, the speaker asserts that all experts say this, and that anyone intelligent in the United States should understand what the dollar means for the US, but claims the US is “killing it with your own hand.”

According to a source within the Obama administration, the plan to fix the US economy involves killing the dollar. This agenda explains domestic and global events and constitutes treason, undermining national sovereignty. While the plot didn't begin with Obama, his administration accelerated plans to implement a global governance system with a new currency. The focus on issues like gun control and economic woes distracts from the larger picture of a captured America being subjugated to a global system. Record stock market highs are driven by a rush to the dollar and debt monetization, a trap set by globalists to sink the US dollar. The Obama-Clinton plan in Libya led to arming terrorists in Syria, provoking Russia. Russia is waging war against America by targeting the oil-backed dollar. China and Russia are forming an alliance to replace the US dollar with a gold-backed currency, while the US gold reserves remain unaudited. The battle is being waged through military involvement and a currency war.

The speaker argues that the United States is actively trying to change rules in the gold and cryptocurrency markets. They note that the U.S. national debt is 35 trillion dollars. The assertion is that these two segments—gold and cryptocurrencies—are the two alternative parts of the world’s currency markets. Washington’s actions in this direction are said to clearly illustrate one of America’s main objectives: to solve the problem of declining trust in the U.S. dollar, as was the case in the 1930s and the 1970s, by handling its financial problems at the expense of the world and driving everyone into a cryptocurrency “cloud.” The idea is that, over time, a portion of the U.S. national debt will be issued in stablecoins, thereby devaluing that debt. In simple words, the speaker reiterates that the United States currently has a 35-trillion-dollar debt, and they are pushing it into crypto, into the cloud, devaluating it, and starting from zero. This is presented for those who are very interested in crypto.