The Arterburn Radio Transmission Podcast
The Arterburn Radio Transmission is a blend of cutting edge commentary, fused with guests who are the newsmakers and trailblazers of our time. Your host Tony Arterburn is a former Army paratrooper, entrepreneur, and historian. Tony brings his unique perspective to the issues facing our country, civilization, and planet.
The Arterburn Radio Transmission Podcast
#504 Fiat's Final Act: How the Financial System is Being Reset
For ourselves and for future generations a new world order. Good evening, folks. You're listening to the Hour of the Time. I'm William Cooper. The chair is against the wall. The chair is against the wall. John has a long mustache. John has a long mustache. It's 12 o'clock, americans, another day closer to victory. And for all of you out there, on or behind the lines, this is your song. I'm Weta Hi Weta, veteran of three foreign wars, entrepreneur and warrior. Poet, tony Arterburn takes on the issues facing our country, civilization and planet.
Speaker 1:This is the Arterburn Radio Transmission. We'll be right back. You remember that scene from office space where they have the uh, the printer. They take out and they execute it. I'm to do the same thing. I'm going to go pick up Mr Anderson. Maybe we'll reenact it. We'll even do the soundtrack from Office Space and I'll take the soundboard from my remote office.
Speaker 1:This is giving me so many problems. I tried to do the David Knight show this morning and that was the final nail. By the way, it's brand new. I bought this brand new last year and it's just slowly declined With each update made it worse. So I think I'm going to office space it as soon as I get a chance. I have to find a baseball bat somewhere. But this is the Arterburn radio transmission. I'm broadcasting live from Hangar 18, along with my co-pilot and co-host, beans the Brave. It is the 24th of April 2025.
Speaker 1:Beans and I, we bought our first Comex bar and if you don't know what a Comex bar is, this is one of those large 1,000-ounce silver bars that they trade on the Comex and these are for institutional type of bullion bars and I bought my first one yesterday. I've seen them, but I never actually bought one, and we bought one from our Denison location and so I had to take it down to the trading floor and get a wire for it. But it came out. You know it was like over $30,000. So you just got this big bar. It's bigger than my dog and a lot of fun. So we took some pictures and put that up on social media. You can find that over on my Instagram and Facebook at Paratroother if you want to go to the Instagram and check out beans. It was a cool experience. I'd never bought one, but you always run into some interesting adventures in this business.
Speaker 1:So we'll jump into some headlines today. I mean, I swear I know I look at everything like I've got a hammer and everything's a nail because I keep going to. Every story comes back and it has to do something with the monetary system or gold, and I'm really not doing this on purpose. I have one story about 9-11 I want to talk about today, but that's fundamentally where we are folks. I mean there's a reason why I harp on this stuff so much, and it's not just because my business. It's literally. There's a historical shift going on, the likes of which has never been seen before. It's actually kind of frustrating for me, because I'm not more of a part of it with my business, when you have the death of a financial system, because that's really what you're watching. So you used to.
Speaker 1:What's so interesting about all this and I'm speaking with David Knight about that used to, and this is how it's been, and you know through living memory and even before I was born, through living memory and even before I was born, markets they all went together. So this kind of commodities if the stock market was down, gold would go down with it because of contracts and other things and because of ETFs or whatever you want to mix in with it. It had market conditional ties and something interesting happened in the last two to three years that stopped. And I'll give you some examples In the past, in the 1970s. You start out in 71 with gold being at $35 an ounce on August 15th in 1971. By the end of 1979, gold's close to $800 an ounce. Silver in 1980,.
Speaker 1:By the way, I'm going to ask an open question to the audience Does anybody know of another commodity whose all-time high was 45 years ago? You want to really look into some manipulation and something that's not real. Well, the price of silver is not real. We need that lady from Dallas, the lady on the plane, to call out the banksters and those who price things is like that. It's not real. That price of silver is not real.
Speaker 1:Well, let me tell you something that happened. Okay, the reason that gold went into hibernation and really didn't do anything through the 80s and 90s. The same thing with silver, even though Warren Buffett took a periphery shot around holding silver and driving the price up for a while, but didn't touch it like the Hunt family did. You have to understand. The Hunt family in Texas took on physical silver buying and they paid a deep price for it. By the deep, they got deep stated. They were bankrupted by the powers that be because they exposed something.
Speaker 1:When you remove the dollar, you take the silver out of the coinage and you decouple it from gold. It is a free-floating fiat currency backed by nothing, and you expose that when you buttress it up next to a commodity. And so by the end of the 70s though this is under Jimmy Carter they had a term for it. It's called malaise or stagflation. That's where you have inflation, high unemployment and low economic growth. It's like there's all these things happening at once.
Speaker 1:Well, the head of the Federal Reserve at the time was Paul Volcker. And what Paul Volcker did is because this is modern monetary theory, keynesian economics what he did was he raised interest rates to the teens. Okay, so they raised it. That was like a mortgage in 1980. Because I remember my dad telling me this he was building houses. He was a home builder at the time. Among other stuff, he was putting in swimming pools and buying convenience stores and stuff. But that's what he was primarily building homes. So you go borrow from the bank and your mortgage like you think of mortgage now it's like oh, it's five, six percent or four percent, or you got it at three or whatever the hell you got it at. Well now I mean, think about 13, 14 percent. So that means you know that's prime. And then you're going into territory of some of those, some of the subprime or whatever it would be. Banks would be even higher. Well, the reason that he did that that Paul Volcker raised interest rates to the teens folks is so that they could contract the money supply, because people would borrow less, there'd be less expansion and that was a way to curtail inflation, because inflation was running away from them. And that's what they did they raised interest rates to the teens. So you fast forward to the last. You know, let's just call it four years. And so, after this massive liquidity injection and, by the way, let's kind of follow I'm going to back up just one more time for me, because I want to I want to take you through some math.
Speaker 1:In the Great Recession of 08-09, the injection of liquidity by the Fed was around two trillion, ok, and then they said they'd never do that again. And that's what was Ben Bernanke? It was around two trillion. And back then, what was Ben Bernanke? It was around $2 trillion, and back then it was a lot harder to do. You had to have Hank Paulson, who was the Treasury Secretary had to go beg Nancy Pelosi. Literally, he had to get on his knees and say you have to do this or we're going to lose the banking system to authorize the money. I don't think they even do that anymore. I don't think they even have budgetary constraints anymore. So that was a big deal. So it's $2 trillion.
Speaker 1:They had to release all this. You know it's too big to fail and too big to jam Well, under Jerome Powell and you know COVID-1984 and the whole thing we have to. You know we're all in this together. We got to lock down. We're going to just pay for everything and we'll send you your $1,200 checks. And those who are essential businesses, the good people, the essentials, like the giant big box stores, the giant retailers not you, a small business or hardworking people, no, just these faceless multinationals, the essentials. They have to get bailed out too and get easy liquidity and so on and so forth. That was $5 trillion and that's just the blank. That's just the beginning, right? We know that 80% of all the dollars ever created were created in the last five years. Okay, so that's from the time of our founding. So just 80% of those in the last five years. That's the reality that you're in. So, given that metric, it more than doubled every time they do a bailout and so we're on the cusp of it doubling again. But you have to understand something happened during this time also that Jerome Powell and I want to get into.
Speaker 1:Why Trump is criticizing Jerome? Nobody's asking why. Nobody's asking why is he mad at Jerome Powell? What could Jerome Powell do better than he's doing now? Well, jerome Powell stepped in and he raised interest rates faster than any other Fed chair in history. So you think of Paul Volcker as, like you know, interest rates to the teens, right. But Jerome Powell did it faster and you know he's faster as a quarter of a point. You know 25 basis points. 25 basis points keeps raising interest rates, contracting the money supply. Well, back in Paul Volcker's day it drove the price of gold down because people went back into the markets. You got a stronger dollar. It's more reliable. We're not going to have runaway inflation.
Speaker 1:You get the Reagan years. It's morning in America. It ends in 1987. It's kind of like we got Wall Street. It ends in 1987. It's kind of like we got Wall Street. You got Gordon Gekko types, the fictional character by Oliver Stone. Greed is good. You have that. And then gold's just a side thing, it's just sitting over there, $200 or $300 an ounce, just kind of wavering. Oh, this is through the 80s and into the 90s.
Speaker 1:And then we reached the 21st century, you know, when the debt of the US was around $5 trillion in the year 2000. So it took us from, you know, the founding of the country to 2000 to hit $5 trillion. Well, something started to happen. This is where you start seeing the accelerating acceleration. Seeing the accelerating acceleration where by 2010 it doubles and then 2020 it doubles that, and now we're midway through this decade and it's almost doubled again to 40. So there's nothing stopping this. I mean the debt. It's a bomb, it's metastasizing and they know that.
Speaker 1:So what do you do? Well, you try to outride that, you try to continue to keep the bubble inflated, and that gives you time to buy up assets and to build yourself a shelter, because there's going to be a fallout from everything every bad decision, everything that all the wars we shouldn't have paid for, all the stupid programs, the welfare warfare state, the bleeding, the corruption, all this stuff, like the $2.3 trillion that Donald Rumsfeld couldn't find on September 10th 2001. Wink, wink, right. He can't find it. He's going to put it in that accounting office right over there at the Pentagon. You understand that has to be continually inflated, and now the bubble's bigger than it's ever been.
Speaker 1:So why is Trump mad at Powell? Well, it's because he wants Powell to cut rates. He wants Powell to cut interest rates. Powell's been raising them. He wants Powell to cut interest rates. Powell's been raising them. Now he just lowered them before the election because they figured they could do that and see if, you know, we could get Team Kamala. Maybe just scoot that. Keep the. You know, not change the captain. I'm going to change the leadership in the middle of this. We'll see if we can keep the current regime. That's what that was about. Just a little goose, you know, make you remember how the happy times are here again. But they generally don't want to lower rates. So that's the battle. I'll get into that today as well.
Speaker 1:I want to take this article from Activist Post and talk about it again. Everything we're watching has its roots in the financial system. Okay, so, politically, economically, socially, all this stuff, the main headlines, the theme here and again, every problem's a nail. I guess I'm a hammer. I'm not going to look at it, but the issue is the financial system. Folks, let me put up. This is an article and I want to reiterate something I was saying earlier. It's just something to think about. Hold on one second. I'm my own producer today, as per usual, and it's even harder on the laptop, so you guys don't care. I'm actually you like the backdrop if you're watching me on video.
Speaker 1:I got the backdrop from NORAD of the 1983 film War Games with Matthew Broderick, one of my favorites, where they talk to the AI named Joshua and he tries to win in a simulation of thermonuclear war and decides that the only way to win is not to play. That's true in a lot of things, not just thermonuclear war. It's true in a lot of stuff. This is Zero Hatch, just an article that caught my eye. It's through in a lot of stuff. This is Zero Hatch, just an article that caught my eye. It's really quick.
Speaker 1:But Lawrence Lippard he's been making the rounds and some of the things he says I happen to agree with. He says gold is a seat in a lifeboat, he wrote. He's got a book. I need to get him on my show. It's called the Big Print. And he's got a book I need to get him on my show. It's called the Big Print, and he mentioned the same thing I've been talking about, which is each time they bail out you know, each time they bail out the financial system, which they're going to do again he said each time it gets bigger. He saysanke printed $2 to $3 trillion in three or four years. Powell $5 trillion in 18 months. He said this time it's going to be $7 to $10 trillion, he said but that's not just the size of the bailout, it's the pace. And the part doesn't believe this ends with another round of pain and paper promises. He says what I'm advocating is for a one-time reset, a return to sound money, a gold-backed currency, and he talks about having $5,000 gold within reach because of a monetary reset.
Speaker 1:And I may disagree a little bit on that, because the last time we had a gold standard you couldn't own gold. You know, from 1933 to 1974, it was illegal for American citizens to own gold. You have to ask yourself why is that? Well, it's because you know the powers that be wanted to make sure they controlled the real assets and controlled the true money supply. But when it was untethered from that, it made it advantageous for them. We could put that in the hands of the plebs, I guess. And that was when Gerald Ford made it legal after he took over for Nixon. Made it legal I think it was around, I think it was on Christmas Eve of 1974, made it legal for you to own gold.
Speaker 1:And I always ask the open question why is it that governments need to be involved in currency? I mean, we have a gold standard, have a silver standard, have a Bitcoin standard. Private institutions can issue notes. You know. Again, you have, I know, a spot price is good in Boston, bangladesh, and it's good in Beaumont, texas. I mean, around the world it's recognized.
Speaker 1:If you're talking about gold or silver or precious metals in general, I don't really need them. But that's the whole point is to control the money supplies, to control reality, and I'm always skeptical of anything that's done with the state. I'm not sure that that would be advantageous for us. However, we do get to show the consequences of decoupling a currency from gold, and it is absolutely disastrous. It's evil. It's evil. You rob people of their energy, you rob people of their future, you rob people of their hard work and you make it harder and harder for anybody to get ahead, which is the whole point of it. Right, it's the fiat world. It's built on fake, all right, that's just something I wanted to mention. It catches your attention. You think about the metrics of that. It's like we know the history of bailouts and we know that they're going to do it again. And when they do it, it's bigger each time and, of course, that's just an expansion of the money supply.
Speaker 1:So, just drilling down beyond the headlines of what some of these other commentators won't do, I keep asking the question what is it that he wants? I'm talking about Trump to Powell. He wants him to lower rates, he wants him to do quantitative easing, he wants the liquidity. He wants a weaker dollar, and the tariffs are certainly causing, yeah, trump's asked for a weaker dollar. You have to have that in order to really grease the skids and all this stuff for trade negotiations and everything else. However, it's bad for us, it's bad for you in the long term, because you're diminishing purchasing power and you're diminishing savings. You got to outpace that, outrun that.
Speaker 1:All right, I'm going to jump over to. Let's see, we've got an Activist Post article. Have you guys checked out Activist Post, activistpostcom? Please do that. My friend Charlie Robinson's got a great site. He bought it recently. I'm going to be advertising over here at Activist Post With that edge of alternative media. If you know anything about Charlie Robinson and his work, he wrote the Octopus of Global Control and the Controlled Demolition of the American Empire, along with Jeff Berwick. Just some great work and a researcher that I absolutely trust. So let's put Activist Post up on the screen here. Activist post up on the screen here. Yeah, I love Charlie and I told him I sent some Bitcoin over to the site yesterday and I said I'm going to be using activist posts coming up tomorrow on the show and again just stuff that we've been talking about. This is from yesterday we've been talking about. This is from yesterday.
Speaker 1:The US dollar is crashing and our reserve currency status is in serious jeopardy. Is this being done by design, asks Michael Snyder? Just for many years, pundits have been warning us that the US dollar would collapse in 2025, it is actually starting to happen. The US dollar hit a three-year low against other global currencies last week and on Wednesday the crash of the dollar resumed. Overall, the US dollar is now down 9% over the past three months.
Speaker 1:The currency that has benefited the most is the Swiss franc. The USDCHF recently hit the lowest level that we have seen in 14 years. What we are witnessing is literally a bloodbath, and many experts are suggesting that our reserve currency status is now in serious jeopardy. Well, that's what I've been talking about for years, for years, and you know, it's kind of like Hemingway. They asked or he asked him, one of his novels I think it was the, I think it was the snows of Kilimanjaro. They ask a you know a rich man that went broke. How did? How did that happen? Says gradually. Then suddenly, the dollar resumed its fall on Wednesday, with both safe havens and risk-sensitive currencies outperforming the greenback. As traders waited to see if US President Donald Trump's administration reached new trade agreement with partners. The dollar tumbled last week on concerns over the economic impact of new tariffs, as investors shifted allocations overseas due to uncertainty over the erratic implementation of trade levies.
Speaker 1:It says to me, one of the best ways to elevate the strength of the US dollar is to look at the price of gold. It's the best way to evaluate. Excuse me, needless to say, the price of gold in US dollars has been absolutely soaring lately and on Wednesday it went up another 3.1%. Gold prices extended their record run on Wednesday to breach $3,300 per ounce is a weaker dollar and escalating US-China trade tensions push investors towards a safe haven asset. Spot gold climbed 3.1% to $3,327 an ounce.
Speaker 1:Well, we've, since I mean, this is even it's not an old article We've already hit $3,500 and pulled back. Folks, it hasn't been that long. It seems like a long time ago. But August of 2025, I'm pulling up to the trading floor. I couldn't believe it.
Speaker 1:Gold was hitting $2,500 an ounce and I did a post about it. I was like that is something that I didn't think I'd see that soon. I mean, I was thinking like closer to the end of the decade, but the whole point of my opening salvo in this transmission was about, that is, that none of the market conditions are affecting the price of this certain commodity. I think silver is the next thing to go with it. You can't name me. I can't name off the top of my head. You do some deep research. Tell me a commodity whose all-time high was 45 years ago. That's silver. Gold's breaking. Its is doing its all-time high every 30 seconds now. So there's something, there's something to look at with silver.
Speaker 1:But this is all part of the monetary reset, folks, and you're starting to see again. Gold is not even affected by what you know, powell, does rates drop, rates raise, quantitative easing? It's moving because institutions, governments, multinationals, banking consortiums, they're buying it and they're buying it to get away from the dollar system. So de-dollarization is rapidly happening. This isn't theory, this isn't like oh well, you know, I have a chart it's going to show us that within six months. No, it's happening now and every day that goes by, you know, the system that was is being replaced with what's going to be, and that's the new economic world order. You're watching it unfold. Matter of fact, the Shanghai Gold Exchange is building, has plans to implement physical gold warehouses internationally, placed internationally to trade gold bullion, because it's about physical form.
Speaker 1:The trust factor in all of this is also very important. The trust factor is we've markets rely on trust and certainty. We're taking those things away. How can our trading partners trust us? We've weaponized the dollar. We sanction everybody. We've got over 40 different sanctions on 36 different countries. I'm sure that's that's a metric I've been using for two years, so I'm sure it's increased and just increase our sanctions.
Speaker 1:You know we got the tariffs. We use that, by the way, I'm all. I love tariffs, but not like this. It's just an added tax. You got to get rid of something else to use. The whole point of why tariffs are great is because you have no income tax. You can't have both. If you have both, then there's no incentive to build anything. You just want to avoid the tariff. That's not enough. But those systems, whatever it is, it's not monetary metals. That train is leaving the station there. I don't believe they're. Even they will be somewhat affected, because there is. You're not going to be completely decoupled, but not like before, and that's what I'm wanting you to pay attention to Specifically.
Speaker 1:The dollar's status as a reliable safe haven has been tarnished and its role as a de facto global currency has been looking increasingly uncertain. Signs of growing dissatisfaction with the dollar can be seen in the breakdown of its long-standing correlation with other markets. Having the primary reserve currency of the world has been a major advantage for us, but there are other currencies that are widely used in global trade. In recent weeks, the euro, the Swiss franc and the Japanese yen have all done extremely well. For decades, the dollar, the Swiss franc and the Japanese yen were among the most popular options for investors seeking calmer ports and volatile markets. But while the yen, franc and euro have shot higher over the past few weeks. The US dollar index, a popular gauge of the dollar's value against its main currency rivals, sank to its lowest level in three years. By comparison, the Swiss franc recently climbed to its strongest level in 14 years to its strongest level in 14 years. You know the Swiss franc and this is an interesting history of currency.
Speaker 1:When Nixon took us off the gold standard, I mean you got to remember we were the world's reserve currency and most things, most currencies, had some sort of backing because that was what they relied on the dollar system, the gold-backed system that came out of Bretton Woods in 1944, out of New Hampshire. When we uncoupled from that, the rest of the world followed bit by bit, and the Swiss were the last holdouts to unback their currency by monetary metals. They had it backed by silver and it wasn't until 2002 that they completely removed it. But what you have to understand and it's something that's in my wheelhouse, something I'm interested in when you zoom out from that timeline and then you start looking at the currencies from around the world, they all have this same problem. It's not unique to the US. The problem is the US is just so much over leveraged because we had the privilege of being the world's reserve currency. So these other countries using the dollar, cycling it through the petrodollar that we lost recently, again without any fight at all, no strategy to keep it whatsoever. There's 52 times more currency on earth today than when I was born. So 45 years ago there's 52 times more currency. So do you think the currency is more valuable? And it's an open question on.
Speaker 1:I think we're going to be witnessing some amazing history that'll blow people's minds when it comes to the repricing and restructuring of this stuff. And especially, I had a call with a customer yesterday and they asked me about is gold peaking? And I'm like, I don't think it's peaking at all. But silver still to me, with it having a 45-year gap between its all-time high and a complete. I mean think of what $50 could buy you in 1980. Think of the purchasing power of $50 compared to $50 now. And then it still hasn't breached that, it still hasn't hit that all-time high of 1980. I think that is something that is going to happen. I think that is something that is going to happen. I think there's too much momentum behind the rush for commodities and other countries putting in their sovereign wealth funds and other things, russia recently doing that with silver, so pay close attention to that.
Speaker 1:There's also been a lot of sell-off in bonds by some measures. The world has been shifting away from its dependence on the dollar for decades. Data from the International Monetary Fund shows the dollar's share of global central bank reserves has been shrinking since the late 90s. It was gradually and then suddenly. When the dollar is strong, us government bonds are attractive to foreign investors. This keeps our borrowing costs down, but in recent weeks we have witnessed a major sell-off in bonds. At the same time, the stocks have been going down.
Speaker 1:Well, interestingly enough, I covered this last week on the show. The Chinese used to be the largest holder of US treasuries and now they're the greatest seller of US treasuries. I noticed that the headline on the Drudge Report just now is worst housing market since 2009, and they put Trump's face on it. But it's interesting. I talked about this, just a little known fact that I didn't see covered in the mainstream financial news networks. Imagine that they just weren't paying attention.
Speaker 1:Remember those things called mortgage-backed securities? Remember those If you ever watched the big short? Or understand what happened in 08 with the derivatives and all the things They'd package these products and sell off this garbage, all these loans that were going to be underwater, and they'd just turn up the volume on the currency creation, which is what it's all about. Well, there's $1.2 trillion worth of mortgage-backed securities that are held by foreign governments. So just here in the US, there's $1.2 trillion of mortgage-backed securities held by foreign governments. Guess who the largest holder of those are? If I said China, would you believe me? So think about the leverage of that.
Speaker 1:Now they're dumping US treasuries, they're getting into gold, they're setting up satellite offices for the Shanghai Gold Exchange, just like I've been saying. You know it's. The world is just they've had enough. They're moving on. There's not going to be like, hey, use our dollar or else we're certainly not. You know I love tariffs, folks, but you got to have no, you got to do something else. You can't just have double taxes. You've got to do something else. You can't just have double taxes not making it advantageous for those companies to move here.
Speaker 1:Michael Snyder goes on to say we haven't seen a financial crisis like this in a long time and we only have a limited amount of time to turn this around before things start getting really messy If this new crisis begins to spiral out of control, there will be an immense amount of pain and we could witness a collapse of confidence in the US dollar. One exporter is warning that the US dollar has now been put on a watch list. It is too early to call if we're seeing the demise of the dollar, but the dollar has certainly been put on a watch list, says Kevin Gallagher, a director of the Global Development Policy Center at Boston University. The US is no longer innocent until proven guilty, but the opposite. Well, yeah, we weaponized it, folks. We didn't take care of our fiscal house. It's just been bomb, print, repeat, spend, inflate. Think of those metrics. So think on a long enough timeline. You know, if Ben Bernanke did two to three trillion to bail us out and then Jerome Powell did five or six trillion to bail us out, then that means and that was in the span of what? 12 years, and then it's already shortened. It'll, you know. So cut that in half. So you know you're looking at another bail out of what? $12 trillion Again, they'll just have to continue to create currency. That's why the world is moving away from the fiat dollar system and into commodities.
Speaker 1:The chairman of the White House Council of Economic Advisors, stephen Mirren believes that devaluing the dollar is the best way to reduce our trade deficit. You see how this is working For Mirren. Tariffs are moving away from. A strong dollar could have the broadest ramifications of any policy in decades, fundamentally reshaping the global trade and financial systems. Mirian's essay argues that a strong dollar makes US exports less competitive and imports cheaper, while handicapping American manufacturers as it discourages investing in building factories in the United States.
Speaker 1:The deep unhappiness with the prevailing economic order is rooted in persistent over valuation of the dollar and asymmetric trade conditions. Mirren wrote All right, so this is why and what I said earlier, this is so. They're pushing for a weaker dollar to reset the system and I think, for a host of reasons, not just this right. But that is true. You know a strong dollar the way that the system was and the way that the system is, it needs, and if you're going to bring anything here, you have to weaken the dollar. But at the same time, when you do that, you're also weakening everything else that is tied to it. So Wall Street, 401ks, the IRAs, all the stocks you have to heat that up. You have to get people really churning and burning in order to keep that hot, keep the money velocity, running Massive gamble, especially when the conditions aren't there and what I mean by that is the domestic conditions to attract investment infrastructure.
Speaker 1:It is true that the dollar is substantially devalued. Our trade deficit will be reduced, but in the process our standard of living will be greatly diminished. This would particularly be true for those at the bottom level of the economic food chain, and if another global reserve currency ultimately takes the place of the US dollar, that would be absolutely catastrophic for our standard of living. Well, I don't think it's going to be another. I don't think it's going to be a bricks-backed thing. I don't think there's a unification enough. But they will have cross-border payment systems. I think gold already is that. They're just figuring out ways to transfer it. Maybe it's a stable coin, maybe it's something. It's a stable coin, it's a cross-border payment system, but it's going to be based off physical bullion. We're moving away.
Speaker 1:The future is not fiat. It's because of the mess that's been made and you're talking about a debt bomb. It's $350 trillion of debt worldwide, folks. I mean it's massive and those whole fiat systems, everything has. There's a reason why they call it the Great Reset.
Speaker 1:Okay, at this stage in our history. The strength of the United States is dependent on the strength of our currency to a very large degree. If the dollar crashes and burns, so will our society as a whole. So says Michael Snyder. I don't disagree, and that's alarming Again. Why do I talk about this stuff so much? Because you need eyes on it, because that's really what matters. I mean, I guess that internal politics matter, the culture war matters.
Speaker 1:But until you fix this, until you really address this issue, you keep getting the same results. You know you get the same people that think we can go fight, you know, five different wars at once. We'll just print it. Or Janet Yellen coming out and saying of course we can afford a war with Russia, of course We'll just print the money. You're literally bringing death to this society. You're robbing people. It's not my opinion. When some lizard person presses the button and they create a trillion dollars of digits and devalues some social security recipient whose husband passed away 10 years ago on a fixed income and they have to decide whether they're going to get food or medicine, that's criminal, that's satanic. And they know they're doing it because they have to pay for the next program, they have to, the next weapons system, the next welfare system, to get their constituents fat and happy, or whatever, like Lockheed Lindsey Graham or whatever like Lockheed Lindsey Graham. The waste, the fraud, the abuse, all that. It becomes so much more ubiquitous when you don't have any sort of accountability, and you certainly don't have any now. So if you don't fix this which it doesn't look, I'm alone in the wilderness on this because I'm like, well, it doesn't really matter. The rest of this, the periphery politics, I guess I'm not interested. I look at stuff and I'm like, yeah, well, it doesn't really matter so much, because we're going to have to figure out what happens after, what happens after.
Speaker 1:There was a great quote that always made me laugh that Pat Buchanan would bring up, and I read a lot of his writing and books and he worked in the Nixon White House and there was another speechwriter named Herbert Stein and they call it Herbert Stein's Law. It said if something cannot go on forever, it will stop. Oh, that's so much fun, all right. Oh, I see Billy Ray Valentine in the chat. Billy Ray Valentine says China what was that in reference to brother? You have to put that You're better at keeping track of my streaming consciousness than I am.
Speaker 1:Gard Goldsmith says a strong dollar, if valued, honestly, doesn't discourage investment in US business. It incentivizes it. I agree with you, gard, because that's stability. And then the whole argument is like, how strong is fiat currency? Well, you know, all you can do is slow it down, but you cannot keep it from going tanking. I'll give you an example.
Speaker 1:So I brought up last week on the David Knight show. I brought up because gold was at like 30, it hit like 33 plus $3,300 an ounce and I said, well, very soon it will hit. If it hits $3,500 an ounce, that's 100 times what it was in 1971. So 100x, 100 times We've done it because it hit 35. I didn't think it would do it in the next six days, but it certainly did. It hit 100 times value. So what does that tell you about? Because gold really and again we do this metric all the time it buys the same amount of food, land, crude oil and clothes, relative to margin of error, that it did 100 years ago. What does it tell you about your currency? There's a rapid devaluation going on.
Speaker 1:Yeah, billy Ray Valentine says who owns our debt? It's China. Yes, and China owns a vast bit of it. But they're selling off those treasuries. They've become the largest seller of US treasuries now and, like I said, they do own debts, like those mortgage-backed securities which brought our whole financial system to its knees. It seems like very quaint. It seems like very quaint. You know it was the Secretary of the Treasury, hank Paulison, who was begging Nancy Pelosi for I think it was $750 billion, and now I don't know if they just created an environment where that's just so much easier to get because they don't even bring it up anymore. All right, all right, all right.
Speaker 1:Let me jump into the chat really quick and you can follow us over on Rumble on the America Unplugged channel. I would encourage you if you want to see it. If you're hearing my voice, I put up a YouTube channel at Tony Arterburn. It's my first stream that I'm doing. I don't think anybody's watching. I don't think I have any subscribers yet, but you can go find me at Tony Arterburn. I thought I'd try it for a little while. We'll see. Go over there and sub over on the YouTube channel at Tony Arterburn. I'll see if I can just keep it up for a stream. Merrick Unplugged over on Rumble and then my ex is at Tony Arterburn. We're streaming over there. So yeah, please go find us.
Speaker 1:I've got a new pair of truth or I'll be doing this weekend with Mr Anderson and the legendary Don Jeffries. We're going to talk about his book, the American Memory Hole. I've got a new pair of truth or up. If you haven't seen it, mr Anderson and I did one on the catcher in the rye. It's pretty good. I love. I love to have it's a basis a conversation between Mr Anderson and myself.
Speaker 1:Guard says makes sense for bondholders to sell their current higher yield bonds at higher prices because the new bonds are things Trump wants offered at lower rates. Yes, oh, jason Barker. He subbed over on my YouTube. Thank you, sir, appreciate you All. Right, let's check out the Rumble chat. I'd like to see what you guys are up to. Appreciate everybody being here. Yeah, I tried running a show last week. They were working on my house and I wasn't going to let this show go because I have to use my makeshift mic and all the stuff that I have here at the office. But totally worth it. Let's do the last article of the day. This was up on Natural News and I'll do spot prices and stuff before I get out of here. Let's go to Natural News real quick. I thought this was interesting. A lot of stuff coming out right now and you got to get ahead of the ball. Though Reframe the argument.
Speaker 1:Senator Ron Johnson propels new inquiry into 9-11. Building 7 collapse Questions government transparency. Us Senator Ron Johnson of Wisconsin plans to lead hearings on 9-11 focusing on unresolved questions about WTC 7's collapse. He challenges official reports, notably NIST findings, demands documentation and scrutinizes the rapid debris removal from Ground Zero. You think rapid debris removal from ground zero? You think Well, what if I told you folks that building seven was not in the 9-11 commission report? Can you believe they left that out? What if I told you that the 9-11 commission report originally had a budget of only $3 million, I mean, for the entire investigation to take place? And then the families of the victims of 9-11 got really mad when they found out that George W Bush's inaugural was $30 million and they demanded an increased budget, and I think they got it up to around $13 million these are true things, by the way and so they left Building 7 out.
Speaker 1:It's kind of weird, right? It's a 47-foot tall, 47-foot tall, 47-story, tall, steel constructed building that holds the SEC, the IRS, the CIA 47 feet. That's funny, you can tell. I've been running around and crunching numbers in my head. I have to rely on beans now to do the overflow of all the calls. Let me run the calls and help. Let me run the math. Beans, yeah, 47 stories tall, not hit by a plane, collapses into its own footprint From office fires Not in the 9-11 report. Interesting, yeah, but we can't have any investigations. That would be. I mean, that's really rude. You know this country's funny about stuff like that. People get so angry Like how dare you question that? Well, you know, don't you want to know what happened? Hold on a second. Let me put this back up.
Speaker 1:Johnson describes World Trade Center 7's collapse as a classic implosion, disputing NIST's claim that fires alone caused it. Critics, including engineers and architects, cite its near freefall descent as evidence of controlled demolition, a claim dismissed by mainstream experts. Johnson allies with 9-11 transparency advocates like Kurt Weldon alleging Bush-era cover-ups while facing backlash from some conservatives. Yeah, I would say those conservatives, I know exactly those type of people and yeah, they're not really conservatives. I'm putting this in quotations with my free left hand. The Trump administration pressed to declassify materials, though past bipartisan inquiries avoided structural collapse theories. Over 1,500 professionals petitioned for a new investigation, citing anomalies like symmetrical collapse and molten steel issues. Nist deems resolved. Firefighter accounts of explosions further fuel debate, though experts attribute those to natural collapse dynamics. What's funny, it's never happened before, never happened since, and nobody changed any of the architectural guidelines or laws for the country.
Speaker 1:The hearings risk polarizing 9-11 narratives, balancing demands for transparency against institutional credibility. Supporters see a path to truth while critics warn against reviving conspiracy theories that overshadow historical unity and resilience. Oh well, there's a little known part of history that doesn't get talked about a lot because you know we had it gets overshadowed by the atomic bomb, you know, and the transition to nuclear power in the cold war, you know, the hydrogen bomb and space race and everything else. But you know, in December 7th 1941, franklin Delano Roosevelt knew that the Japanese were going to strike Pearl Harbor, not maybe necessarily the minute, but they knew it was coming. They'd been warned, not just by congressmen and people who had been given information, people, overseas intelligence officers. They cracked the Japanese code, they cracked the code purple, they had the cipher. So they knew that there was a strike. It was imminent and the admiral and the general that were in charge of Pearl Harbor, you know, were ordered to have the ship in a certain way and to have this, the entire setup was rife for a strike and the maximum damage.
Speaker 1:So you could drag the United States, who was very much America, first and wanted to stay out of foreign entanglements and follow the advice of the founding fathers. We had learned everything we needed to know about European wars from the 150,000 troops that we lost in World War I for nothing, not to mention the hundreds of thousands wounded Learned nothing. It wasn't making the world safe for democracy. If you fast forward to 1941, it had made the world safe for Hitler and Stalin. So America wanted no part in that. You had to be drug in. It had to be this type of event.
Speaker 1:So I'll fast forward you to September of 2000 with the Project for a New American Century. You know people like Bill Kristol, william Bennett in the documents, I think, charles Krauthammer, some others notable commentators and think tankers. Okay, they put out this document, project for a New American Century Richard Pearl, I think, was in there and it calls for, in order to do the rogue state rollback and do this new American century for taking out rogue regimes and regime change, you needed a Pearl Harbor-style event. A Pearl Harbor style event and almost, almost, overlays the casualties, the deaths of Pearl Harbor, almost exactly. So he asked you the what's the mathematical chances of getting what you want, almost exactly a year after you publish the document In kind of the same way, you know what was the document that was on Bush's desk from the CIA, that Condoleezza Rice I think it was August 6th or so Bin Laden determined to strike America or within inside America.
Speaker 1:Well, of course you know we had Tim Osmond on the payroll. The CIA station chief had met with Bin Laden in Dubai in July when he was getting kidney dialysis. That's a documented fact. The world's not what it seems. History is a pack of lies agreed upon. Let's see. Us Senator Ron Johnson has announced plans to spearhead congressional hearings into the September 11, 2001 terror attacks, focusing on unresolved questions surrounding the collapse of World Trade Center 7. Johnson unveils congressional plans to re-examine the Trade Center collapse.
Speaker 1:Controversy over NISTIST scientific validity. The NIST 2000 report attributed World Trade Center 7's collapse to fires sparked by debris from the Twin Towers. Well, you can have debris and you know you can have office fires, but a symmetrical, simultaneous demolition of a building has to be pre-planned. You know, and lucky Larry Silverstein, you know he just he had to pull it. Well, I hope this is the case. You know, I'm just for the truth. I think these investigations need to happen, at least have the chance to have them happen so people can testify. We have to do that. I mean, what did Solzhenitsyn say? Live, not by lies. You can't just live inside a lie. And I want to know, I want to know, I want to know what entity pulled this off Kubono? I mean, I can just kind of see who benefits Mainly military industrial complex in foreign nation states like Israel. Industrial complex in foreign nation states like Israel. Think of the damage that's been done. What interest is it of ours to be in that region? Who we buy oil from is not important. We can produce our own. Alright, we'll see if that happens. And I'm sure we'll see if that happens. And I'm sure we'll talk more about 9-11.
Speaker 1:On Paratrooper, this year I plan on having some guests on concerning that. I need to. I'm supposed to be going over to England to meet with David Icke very soon. I need to make that trip happen. It's been a busy time with the medals and stuff, but I actually got a chance to talk to Gareth Ike, his son and we have a tentative meeting, so I got to make that happen. We'll talk to David Ike about his book, the Trigger, maybe, and get that on the podcast. I'd love to do that Great book, by the way.
Speaker 1:All right, let me stop the screen here. All right, harp says 42. Tony is the answer Always 42. Yeah, very much, that's the answer. Right, that's the answer to life. That's the Hitchhiker's Guide to the Galaxy. Karen Carpenter wants to know if I'll stream America Unplugged on my at Tony Arterburn stream on YouTube. Sure, sure, happy to. I'll see if that, we'll see how long it lasts. Thanks everybody. Okay, real quick.
Speaker 1:Spot prices Today. Hold on. Let me pull up new spot prices. You can also get the current spot price over at wisewolfgoldcom. The current price of the yellow metal 3,330 Luciferian Bankster notes per troy ounce. 3,330 Fiat Federal Reserve notes per troy ounce, up $44.99 since opening trade today. Silver $33 and 50 cents an ounce an absolute historical bargain of epic proportions. If you want to get in on precious metals, we are your team. Just give us a call. You can go to wisewolfgoldcom or any of my websites or arterburngold. You can find me there. You can email me. You can find me on Twitter. However, you want to contact me and we have Wise Wolf Bitcoin as well. White Glove Service. You want to buy precious metals? You want to buy Bitcoin? We are your shop. We hope to earn your business and that's how we fuel all these shows and everything else and stream out on WWCR and do all the cool stuff that we do, and I appreciate each and every one of you. I'll be back next week. Take care of each other. End of transmission.