Creating Wealth Real Estate Investing with Jason Hartman
Business:Investing
1979: Police State, Digitizing The Dollar, SEC Attacks Crypto, Bank Bailouts, Clive Thompson
Your freedom and liberty are under threat. The central bank digital currency is slowly making its way into our society. Other countries are already embracing it and willingly surrendering their rights- all in the name of 'protection.' Is the US next?
So what are we to do? How are we to respond when our money will soon be digitized? Navigate through treacherous waters as Jason and Clive continue their discussion about the implications and ramifications of having a digital wallet as part of our society and how you can protect yourself from the impending darkness that is the digital dollar.
Key Takeaways:
Jason's editorial
1:22 The elites increasing control over the population
2:05 The pyramid of the hierarchy of money
5:37 SEC goes after Coinbase
10:07 Banks are still drawing on the FED for $164 Billion of emergency cash
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Clive Thompson interview
15:38 Keeping the Reset a secret as the world follows suit
17:05 The digital wallet would make it just so easy
22:17 Exceptions and different rules for the elite class
23:24 The speed to which it comes and the countries that go first
25:44 Engineering a crisis to usher in the CBDC
30:03 Strange bedfellows: FED tolerance and government bailouts
33:06 Two Huge FED problems- a HUGE asset that does not exist
36:01 How this all plays out
38:16 THE Action plan: invest in things that have intrinsic value
41:28 Cost of insuring against US default
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