David Morgan: Tyranny & The Looming Threat of CBDCs
Tom rejoins silver investor David Morgan to discuss Central Bank Digital Currencies (CBDCs). David has already done 30 podcasts examining crypto including possible ties between bankers,elites and the cryptocurrency world. He suggests banking elites desire to control the system via CBDCs is rooted in a reluctance to allow citizens to escape established systems.
*Palisade Radio Links:*
► Website & Newsletter: https://palisadesradio.ca
► Rumble: https://rumble.com/c/c-1586024
► Odysee: https://odysee.com/@PalisadesGoldRadio:c
China's CBDC system is functioning successfully, becoming a model for other countries. Governments are expert at economic manipulation, said David, which is why he implores people to contact their representatives directly and express apprehension towards a crypto-central bank initiative. He acknowledges asset-backed cryptocurrencies offer a possible alternative, since they are still under the government's radar.
Opting out of the current financial system is a viable option, but asset backed investments are still small relative to the overall financial system. David doesn't expect anything major to disrupt the system over the summer, so gold is likely to remain quiet. Money holds power, but ultimately freedom is more important. This is why efforts to disrupt status quo are so important.
Time Stamp References:
0:00 - Introduction
1:00 - CBDC Adoption & Crypto
4:50 - Bank Instability & Control
10:10 - CBDC Uncertainties
11:37 - U.S. CBDC Timelines
16:54 - FedNow Trial Program
18:08 - Gov't Efficiency & Money
19:27 - Sidestepping the System
20:30 - Pressure Politicians
21:48 - Asset Backed Crypto?
24:16 - What Price Freedom?
25:36 - Freedom & Opting Out
28:47 - Precious Metals & Gov't
31:47 - Collapse Scenarios
36:47 - Summer Doldrums?
40:13 - Wrap Up
Talking Points From This Week's Episode
- Governments are using Central Bank Digital Currencies to increase their control and prevent people from escaping the system.
- Asset backed crypto currencies may provide an alternative financial structure and offer more freedom.
- There likely won't be any major disruptions to the existing financial system this summer, creating a period of steadiness for precious metals.
Guest Links:
Website: https://silver-investor.com/
Twitter: https://twitter.com/silverguru22
YouTube: https://www.youtube.com/user/silverguru
ISO 20022: https://www.progressoft.com/blogs/iso-20022-data-model-holds-the-key-to-cbdc-interoperability
David is a precious metals enthusiast with degrees in finance and engineering, and he originated The Morgan Report. This monthly report covers economic news, the global economy, and substantial capital gains by investing in the Resource Sector. The Model Portfolio includes top-tier, mid-tier, speculative, and special situations.
David considers himself a big-picture macroeconomist whose main job is educating people about honest money and the benefits of a sound financial system.
A dynamic, much-in-demand speaker worldwide, he has appeared on CNBC, Fox Business, and BNN in Canada. He has interviewed- The Wall Street Journal, Futures Magazine, Investing Rules, and numerous other publications.
As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report, and numerous other publications.
-
1:04:40
Palisades Gold Radio
21 days agoParallel Mike: The Red Alert - America's Financial Instability and the World's Response
6581 -
14:30
IsaacButterfield
1 day ago $0.03 earnedMy Girlfriend Is Trans But I’m Not Gay
53.5K56 -
5:51
Dr. Nick Zyrowski
1 day agoBerberine, Fat Loss & Your Blood Sugar | Must See!
45.5K10 -
10:23
Sideserf Cake Studio
6 hours ago2 Easy Hyperreaslitic Cakes YOU Can Make!
56.1K4 -
13:46
Tactical Advisor
1 day agoCan a Gun This Small Be Any Good? Smith & Wesson Bodyguard 2.0
44.9K9 -
59:51
Trumpet Daily
1 day agoWhat Is Kamala Harris Trying to Say? - Trumpet Daily | Sept. 20, 2024
50K24 -
1:01:22
The Christopher Prosch Show
21 hours agoAre the National Polling Institutions lying to you!??
32K5 -
13:34
Ethical Preparedness
21 hours agoThe Cannibals Attack: The Fatal Cost He Paid in His Battle Against Marauders -Post Collapse Medicine
28.7K6 -
1:45
Memology 101
21 hours agoKamala's EX calls her critics MENTALLY ILL people who will end up "EATING OUT OF GARBAGE CAN[S]"
20.1K26 -
3:42
Brownells, Inc.
1 day agoQuick Tip: The RIGHT Way To Use the Forward Assist
13.7K4