September 27, 2024 • 19 mins
Last broadcast, Terry Sacka, AAMS was invited onto Patriots Helping Patriots with Just Jodie for a deep-dive explanation of the Rigged System.
In today's broadcast Terry Sacka, AAMS, explains why the global economy as we know it is over, as the hegemony of the U.S. dollar and unipolar world we once lived in, and the structure of everything has changed.
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ABOUT THE HOST:
Terry Sacka, AAMS is a Wealth Strategist, Financial Analyst and Founder of Cornerstone Asset Metals, Wealth Transfer News Television, and the RIGGED podcast. He formerly was a financial advisor for A.G. Edwards and a strategist in commodity options and futures. Using his global travel and U.S. Army military experience, Terry has accumulated a unique perspective of the real global economic framework.
RIGGED [against you] is a wealth and finance podcast designed to help you achieve your financial goals through advanced savings and investment techniques.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
RIGGED [against you] (00:00):
I saw a wave, a dark wave, come over
our nation. And it's not justthe election, of course, but
this program is going to be allin the name RIGGED because when
I, and we formed RIGGED, it wasbecause of the financial
system, but RIGGED is nowbecoming common in America. And
(00:23):
it's all RIGGED [against you].
Terry Sacka AAMS (00:27):
I'm Terry Sacka and this is rigged
against you. Today we're gonnadiscuss why the global economy
is over. I know it's not likecollapsing. Well could,
but it's, it's more like that.
Our structure of things havechanged. We are , we used to be
a unipolar world. The dollarwas dominant. I know people
(00:50):
still think the dollar will bethere as the reserve currency.
I understand it is a time, itkinda takes time to walk these
things out. But I'm gonnaoutline some points today to
show you how radical the worldeconomy has changed and why
it's never going to be the sameagain. Specifically because
(01:11):
bricks and all the nations thatare 60, 70% of the world's
population are going into thenew Brix unit. It's going to be
a new currency unit ran throughEnbridge. It's a going to be a
digital platform ran by theBank of International
settlements. But it's a bigdeal because they're taking
over the world's trade andthey're going to do it in their
(01:33):
own currencies, not using thedollar at a time when the
dollar has been printed intothe stratosphere. And wait
until I show you, I know I'vebeen talking about how we're in
contraction and during thiscontraction phase we get minus
2%. We typically go into adepression and then double
(01:53):
digit unemployment. Well nowthey've reversed and they're
now putting a trillion dollarsevery, what was it, every three
months, a trillion dollars intothe system printing. And that's
nothing. Wait until they try tolower interest rates . So we
are definitely a nation in avery, very bad place. No matter
(02:17):
who wins the upcoming election,it's going to hurt. We are
going to have continuedinflation. But more
importantly, why the globaleconomy has changed and why
it's over. Take a look at this.
Start with this one. Here arethe five one-offs that won't be
coming back. Number one,China's industrialization. I'm
(02:40):
gonna go through each one ofthese in detail, but two growth
positive demographics. Threelower interest rates for low
debt levels and low inflation.
This is all radically changedand we need to see how this is
going to evolve so we can kindof understand what to expect.
(03:02):
This is why we are preparingourselves for what is coming,
why it's so absolutelyimportant to get gold and
silver outside the system,especially in retirement
accounts. Because remember, youdon't own those stocks. There
are held in street name onlyand they're considered
collateral. So the currency inthe banks and your stocks are
(03:22):
collateral. So let's start withnumber one. Number one being
China's industrialization.
China has bailed the world outof the last three recessions,
and I think this is why thewest has kind of done what they
did with the global economy. Weneeded China because we needed
(03:43):
the cheap labor, because we hadsuch inflation on our money, we
had to export that inflation.
And so we used a lot of thesecountries, especially China, to
still keep goods cheap and yetgoods are still getting more
and more expensive, right? Butif we didn't do this, we
(04:03):
wouldn't be here today as aneconomy. But China has bailed
out the last three recessionstriggered by credit asset
bubbles popping the Asiancontagion of 19 set , 97 to 98,
the dotcom bubble and the popof 2000, 2002, and the global
(04:23):
financial crisis of 2008 and ohnine. In each case, China's
high growth and massiveissuance of stimulus and
credit, which is the China'scredit impulse, acted as the
catalyst to restart the globalexpansion. And this worked now
(04:43):
during the pandemic, allnations started printing a lot
of money. So it provided atremendous amount of liquidity
into the global economy. Whywe're seeing kind of somewhat
wealth out there, but yet we,the people, the average people,
the hardworking Americans,we're not getting that. Most of
(05:04):
the wealth has been transferredto the upper echelon 0.1% and
we're getting stuck with stilllower wages, tremendous amount
of inflation and all the jobs,which is a stunning thing. But
all the jobs created over thelast few years literally have
been illegal aliens comingthrough. That's right.
(05:29):
Foreigners, not Americans,which is pretty astounding. But
let's go to the next one here.
This is number two. And this isthe growth positive demographic
where China's workforce wasgrowing during the boost phase.
Now the demographic picture hasdarkened China's workforce is
shrinking. The population ofelderly retirees is soaring.
(05:52):
And so the cost burdens ofsupporting a burgundy cohort of
retirees will have to be fundedby a shrinking workforce who
have less to spend and investas a result that's actually
going on all over the world. Ithink to some extent that's why
they're trying to bring inimmigration through the west.
(06:13):
Although I think as far morenefarious, I think the uh ,
mass, mass immigration intoEurope and the United States is
truly to destabilize thecountries as core , um, idea or
nationalism to those nations.
Germans are no longer Germans.
Swedes are no longer Swedes.
America. We're a littledifferent. We've always been a
(06:34):
melting pot and I've neverreally had a problem with that.
But I do believe they'rebringing in millions and
millions who are criminals,mentally insane gangsters, and
here to destabilize us goes tocloud vin . And it is a not
good situation. But that is abig deal because demographics
(06:56):
have now changed even in Chinaand it's going to start costing
them a tremendous amount toupkeep at a time when the
economy has changed sodrastically. Even for China,
they're slowing down way morethan I think many anticipated
they would. Number three, lowinterest rates. The era of zero
(07:18):
interest rate and unlimitedgovernment borrowing really is
coming to an end, althoughwe're still doing it, it's
coming to an end. And Japan isa great example. They've shown
even at ludicrously, low ratesof 1% interest payments are
skyrocketing. Government debteventually are going to consume
virtually all the tax revenues.
(07:41):
Higher rates will acceleratethe dynamic pushing government
finances to the wall asinterest on sovereign debt,
crowds out all other spending.
So as taxes rise, householdsare left with less disposable
income to spend on theconsumption and leading to
stagnation. But what's evenworse about this is in that
(08:04):
borrowing phase, we're who'sgoing to lend us the money?
We're at a point now wherepeople we're buying our debt.
Now the world is dumping UStreasuries at a time when we
have to literally reissue about10 trillion in treasuries at a
(08:25):
much higher interest rate.
That's why now we are seeingthe interest on our debt is now
going to be about 1.6 trillionat the end of this year. You
put that with Medicare and themilitary. There's our budget.
So we can't even tax our way tofix this because the debt
levels are too high and theycan't go anywhere but up. Why
(08:50):
it is so important, weunderstand the whole great
taking. Wait until I get intothat series here in the future.
I definitely, you know, Ishould probably be saying this
more. Please subscribe to thischannel, even pass it along.
Let's get this going inmomentum because this
information is really directand I think it's very important
for many to see it. Not that wehave fear, but that we
(09:10):
understand how important it isto prepare, watch our spending
and start planning things justa little bit different while
we're working through thisgreat change that the world is
going through. Now. Numberfour, low debt levels. Now at
the start of the cycle, globaldebt levels, government and a
(09:32):
private sector were pretty low.
I mean, I remember RonaldReagan, there was only a few
hundred billion and now we'rehere 30, 40 trillion and our
unfunded liabilities are up to120 trillion unsustainable. The
boost phase of the debtexpansion and debt funded
spending is really over. Andwe're in the stagnation decline
(09:55):
phase now. We're adding debtgenerates tremendous
diminishing returns. When weused to issue a dollar of debt,
we could get a dollar ofeconomic return. Today we're
issuing like $5 in debt to evenget a dollar return and it gets
worse on a weekly basis. It isunbelievable and unsustainable.
(10:19):
If we study history, you'llunderstand how unsustainable
this really is. It's just notgoing to work. And then on the
fifth point here I think isvery interesting. Let's go
here. Low inflation. Now we didmeasure inflation. We used to
measure inflation anyway onwell, as the Federal Reserve
would do is we would have thistarget rate. You know, we want
(10:42):
to keep it like 2%, maybe 3%keep inflation low. The world
is now entering into a not onlyhigh inflation, some areas in
the world are starting toexperience hyperinflation.
There's too much currencyprinted over, especially since
the pandemic and the era of lowinflation is absolutely over.
(11:05):
And there's really multiplereasons. Exporting nations like
the United States, China andothers. Wages have risen
sharply, pushing the costhigher and skilled labor and
develop, develop developedeconomies can demand higher
wages as this labor cannot beautomated or off shored .
Offshoring is really a reverseto onshoring raising production
(11:31):
costs and diverting investmentfrom asset bubbles to the real
world. Now this is kind of anissue here because labor can't
go away. We need X amount ofreal physical labor. But here's
where this gets a littletricky. Automation, robotics
(11:51):
and artificial intelligence. Sowe do need the labor. We are
trying to send a lot of themanufacturing. It's why we sent
it to China, it's why we sentit to India and other nations.
We're trying to get to a pointwhere we can produce the same
product, keep the price downbecause of labor. But all of
(12:14):
this is changing and it'schanging all over the world.
Mind you, that's why the bricknations are going into a new
currency unit and it's comingsoon. And I say , uh, when it
comes, when China deep pegsfrom the dollar, it is all
over. I know many don't thinkthat's happening, but this
stuff, as many told me, oh,it's gonna take 10 years, 20
(12:37):
years, it's accelerating. Thisis happening unbelievably
faster than anyone has ever,you know , uh, predicted. And
they can't stop it. And how dowe know? They know. Take a look
at this. Central banksincreasingly view gold as a
(12:59):
strategic asset since thepandemic. Look at that increase
since the pandemic of 19. Itwas about , uh, 12%
accumulation of gold by centralbanks 2023 upwards to 71%. Now,
a lot of this does have to dowith the new bricks currency
(13:21):
unit is going to be gold backedand that's a big deal. But what
they're not telling us is theyknow that the currencies are
going down, they're going toget revalued. That's why
they're trying to push us toCBDC and other currency,
digital id, digital currencyunits. So they can try to kind
of print but in a digital formand it's not working. So as I
(13:46):
was explaining how we weretaking currency out of the
system, that goes to this charthere and I like to show it
because it's a big deal whereyou can see on the right we
were down to minus 2%. That iswhen we entered depressions and
is when we, we start to havedouble digit unemployment. But
the reason, and I wanted toexplain this part, the reason
(14:08):
they have to do that is inorder to fight inflation,
inflation was raging. It was upto 18% when Biden came in and
started those massive trilliondollar stimulus packages, which
I'm still not sure where thatmoney went, but unfortunately
to pull the currency out of thesystem raising rates and
(14:29):
lowering credit access isbecause inflation was ripping.
Well, now we're adding atrillion dollars every three
months we're going right backup. So if we go, let's go back
into that. If we go to this andsee what I mean, they're now on
the right side. They're nowheading right back up again on
(14:49):
the money supply growth. Thatis dangerous because the money
supply growth is going to justexacerbate inflation. So we
think inflation was gettingbetter. Unfortunately it's
going to rip from here becausethey have to do this. And if
they try to lower interestrates, you will see probably a
(15:13):
little stimulus into the stockmarket. So don't be fooled,
it's going to probably run alittle bit off of this. I call
it like a parabolic blow off ,kind of , uh, blowing off the
top. But following that, we aregoing to enter a commodity
supercycle like you've neverseen. I will not be surprised
to see gold at $15,000 anounce. Silver will be hundreds
(15:37):
of dollars an ounce. And it'sbecause the United States is no
longer controlling it. This isbeing done by the east. They
control the trade routes, theycontrol the trade, they control
the manufacturing because we'veexported all of our
manufacturing and talent tothem. So I do like the idea,
(15:57):
bring it back to America. Iknow it's going to be a little
bit expensive, but let's startputting our people back to
work. Let's make Americafinancially great. If we do
not, we will have a 90 10, a90%, we will be in poverty,
middle class will be gone, andthere'll be that power elite at
(16:17):
the top. The world knows this.
Are we paying attention? And asthey're printing that money
into the trillions every somany months, this is going to
be what we see. This is thechart show in 1980s based
shadow stats. This is the realdeal. This is real inflation.
So no matter what you hear onmainstream media, I don't care
(16:40):
what they tell you, realinflation rate is 12%, around
12% right now. And this is agovernment stat number. Mind
you, when they start printingthose trillions, if they lower
those interest rates, thatnumber, that blue line is
shooting right back up. And soreal inflation will be a lot
higher and they're just goingto kind of whitewash the
(17:04):
numbers so we don't understandit. But they have to keep
inflation on the governmentside rigged against us like
this showing us, oh, it's 4% or3% because they can't afford to
pay the cost of livingadjustment for things like
social security. So this is areally big deal and I do
believe that the world economyis over as we know it. The
(17:28):
question is what's going to benext. So it's important to stay
focused and stay tuned. Godbless you.
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I saw a wave, a dark wave, come over
our nation. And it's not justthe election, of course, but
this program is going to be allin the name RIGGED because when
I, and we formed RIGGED, it wasbecause of the financial
system, but RIGGED is nowbecoming common in America. And
(00:23):
it's all RIGGED [against you].
Terry Sacka AAMS (00:27):
I'm Terry Sacka and this is rigged
against you. Today we're gonnadiscuss why the global economy
is over. I know it's not likecollapsing. Well could
but it's, it's more like that.
Our structure of things havechanged. We are , we used to be
a unipolar world. The dollarwas dominant. I know people
(00:50):
still think the dollar will bethere as the reserve currency.
I understand it is a time, itkinda takes time to walk these
things out. But I'm gonnaoutline some points today to
show you how radical the worldeconomy has changed and why
it's never going to be the sameagain. Specifically because
(01:11):
bricks and all the nations thatare 60, 70% of the world's
population are going into thenew Brix unit. It's going to be
a new currency unit ran throughEnbridge. It's a going to be a
digital platform ran by theBank of International
settlements. But it's a bigdeal because they're taking
over the world's trade andthey're going to do it in their
(01:33):
own currencies, not using thedollar at a time when the
dollar has been printed intothe stratosphere. And wait
until I show you, I know I'vebeen talking about how we're in
contraction and during thiscontraction phase we get minus
2%. We typically go into adepression and then double
(01:53):
digit unemployment. Well nowthey've reversed and they're
now putting a trillion dollarsevery, what was it, every three
months, a trillion dollars intothe system printing. And that's
nothing. Wait until they try tolower interest rates . So we
are definitely a nation in avery, very bad place. No matter
(02:17):
who wins the upcoming election,it's going to hurt. We are
going to have continuedinflation. But more
importantly, why the globaleconomy has changed and why
it's over. Take a look at this.
Start with this one. Here arethe five one-offs that won't be
coming back. Number one,China's industrialization. I'm
(02:40):
gonna go through each one ofthese in detail, but two growth
positive demographics. Threelower interest rates for low
debt levels and low inflation.
This is all radically changedand we need to see how this is
going to evolve so we can kindof understand what to expect.
(03:02):
This is why we are preparingourselves for what is coming,
why it's so absolutelyimportant to get gold and
silver outside the system,especially in retirement
accounts. Because remember, youdon't own those stocks. There
are held in street name onlyand they're considered
collateral. So the currency inthe banks and your stocks are
(03:22):
collateral. So let's start withnumber one. Number one being
China's industrialization.
China has bailed the world outof the last three recessions,
and I think this is why thewest has kind of done what they
did with the global economy. Weneeded China because we needed
(03:43):
the cheap labor, because we hadsuch inflation on our money, we
had to export that inflation.
And so we used a lot of thesecountries, especially China, to
still keep goods cheap and yetgoods are still getting more
and more expensive, right? Butif we didn't do this, we
(04:03):
wouldn't be here today as aneconomy. But China has bailed
out the last three recessionstriggered by credit asset
bubbles popping the Asiancontagion of 19 set , 97 to 98,
the dotcom bubble and the popof 2000, 2002, and the global
(04:23):
financial crisis of 2008 and ohnine. In each case, China's
high growth and massiveissuance of stimulus and
credit, which is the China'scredit impulse, acted as the
catalyst to restart the globalexpansion. And this worked now
(04:43):
during the pandemic, allnations started printing a lot
of money. So it provided atremendous amount of liquidity
into the global economy. Whywe're seeing kind of somewhat
wealth out there, but yet we,the people, the average people,
the hardworking Americans,we're not getting that. Most of
(05:04):
the wealth has been transferredto the upper echelon 0.1% and
we're getting stuck with stilllower wages, tremendous amount
of inflation and all the jobs,which is a stunning thing. But
all the jobs created over thelast few years literally have
been illegal aliens comingthrough. That's right.
(05:29):
Foreigners, not Americans,which is pretty astounding. But
let's go to the next one here.
This is number two. And this isthe growth positive demographic
where China's workforce wasgrowing during the boost phase.
Now the demographic picture hasdarkened China's workforce is
shrinking. The population ofelderly retirees is soaring.
(05:52):
And so the cost burdens ofsupporting a burgundy cohort of
retirees will have to be fundedby a shrinking workforce who
have less to spend and investas a result that's actually
going on all over the world. Ithink to some extent that's why
they're trying to bring inimmigration through the west.
(06:13):
Although I think as far morenefarious, I think the uh ,
mass, mass immigration intoEurope and the United States is
truly to destabilize thecountries as core , um, idea or
nationalism to those nations.
Germans are no longer Germans.
Swedes are no longer Swedes.
America. We're a littledifferent. We've always been a
(06:34):
melting pot and I've neverreally had a problem with that.
But I do believe they'rebringing in millions and
millions who are criminals,mentally insane gangsters, and
here to destabilize us goes tocloud vin . And it is a not
good situation. But that is abig deal because demographics
(06:56):
have now changed even in Chinaand it's going to start costing
them a tremendous amount toupkeep at a time when the
economy has changed sodrastically. Even for China,
they're slowing down way morethan I think many anticipated
they would. Number three, lowinterest rates. The era of zero
(07:18):
interest rate and unlimitedgovernment borrowing really is
coming to an end, althoughwe're still doing it, it's
coming to an end. And Japan isa great example. They've shown
even at ludicrously, low ratesof 1% interest payments are
skyrocketing. Government debteventually are going to consume
virtually all the tax revenues.
(07:41):
Higher rates will acceleratethe dynamic pushing government
finances to the wall asinterest on sovereign debt,
crowds out all other spending.
So as taxes rise, householdsare left with less disposable
income to spend on theconsumption and leading to
stagnation. But what's evenworse about this is in that
(08:04):
borrowing phase, we're who'sgoing to lend us the money?
We're at a point now wherepeople we're buying our debt.
Now the world is dumping UStreasuries at a time when we
have to literally reissue about10 trillion in treasuries at a
(08:25):
much higher interest rate.
That's why now we are seeingthe interest on our debt is now
going to be about 1.6 trillionat the end of this year. You
put that with Medicare and themilitary. There's our budget.
So we can't even tax our way tofix this because the debt
levels are too high and theycan't go anywhere but up. Why
(08:50):
it is so important, weunderstand the whole great
taking. Wait until I get intothat series here in the future.
I definitely, you know, Ishould probably be saying this
more. Please subscribe to thischannel, even pass it along.
Let's get this going inmomentum because this
information is really directand I think it's very important
for many to see it. Not that wehave fear, but that we
(09:10):
understand how important it isto prepare, watch our spending
and start planning things justa little bit different while
we're working through thisgreat change that the world is
going through. Now. Numberfour, low debt levels. Now at
the start of the cycle, globaldebt levels, government and a
(09:32):
private sector were pretty low.
I mean, I remember RonaldReagan, there was only a few
hundred billion and now we'rehere 30, 40 trillion and our
unfunded liabilities are up to120 trillion unsustainable. The
boost phase of the debtexpansion and debt funded
spending is really over. Andwe're in the stagnation decline
(09:55):
phase now. We're adding debtgenerates tremendous
diminishing returns. When weused to issue a dollar of debt,
we could get a dollar ofeconomic return. Today we're
issuing like $5 in debt to evenget a dollar return and it gets
worse on a weekly basis. It isunbelievable and unsustainable.
(10:19):
If we study history, you'llunderstand how unsustainable
this really is. It's just notgoing to work. And then on the
fifth point here I think isvery interesting. Let's go
here. Low inflation. Now we didmeasure inflation. We used to
measure inflation anyway onwell, as the Federal Reserve
would do is we would have thistarget rate. You know, we want
(10:42):
to keep it like 2%, maybe 3%keep inflation low. The world
is now entering into a not onlyhigh inflation, some areas in
the world are starting toexperience hyperinflation.
There's too much currencyprinted over, especially since
the pandemic and the era of lowinflation is absolutely over.
(11:05):
And there's really multiplereasons. Exporting nations like
the United States, China andothers. Wages have risen
sharply, pushing the costhigher and skilled labor and
develop, develop developedeconomies can demand higher
wages as this labor cannot beautomated or off shored .
Offshoring is really a reverseto onshoring raising production
(11:31):
costs and diverting investmentfrom asset bubbles to the real
world. Now this is kind of anissue here because labor can't
go away. We need X amount ofreal physical labor. But here's
where this gets a littletricky. Automation, robotics
(11:51):
and artificial intelligence. Sowe do need the labor. We are
trying to send a lot of themanufacturing. It's why we sent
it to China, it's why we sentit to India and other nations.
We're trying to get to a pointwhere we can produce the same
product, keep the price downbecause of labor. But all of
(12:14):
this is changing and it'schanging all over the world.
Mind you, that's why the bricknations are going into a new
currency unit and it's comingsoon. And I say , uh, when it
comes, when China deep pegsfrom the dollar, it is all
over. I know many don't thinkthat's happening, but this
stuff, as many told me, oh,it's gonna take 10 years, 20
(12:37):
years, it's accelerating. Thisis happening unbelievably
faster than anyone has ever,you know , uh, predicted. And
they can't stop it. And how dowe know? They know. Take a look
at this. Central banksincreasingly view gold as a
(12:59):
strategic asset since thepandemic. Look at that increase
since the pandemic of 19. Itwas about , uh, 12%
accumulation of gold by centralbanks 2023 upwards to 71%. Now,
a lot of this does have to dowith the new bricks currency
(13:21):
unit is going to be gold backedand that's a big deal. But what
they're not telling us is theyknow that the currencies are
going down, they're going toget revalued. That's why
they're trying to push us toCBDC and other currency,
digital id, digital currencyunits. So they can try to kind
of print but in a digital formand it's not working. So as I
(13:46):
was explaining how we weretaking currency out of the
system, that goes to this charthere and I like to show it
because it's a big deal whereyou can see on the right we
were down to minus 2%. That iswhen we entered depressions and
is when we, we start to havedouble digit unemployment. But
the reason, and I wanted toexplain this part, the reason
(14:08):
they have to do that is inorder to fight inflation,
inflation was raging. It was upto 18% when Biden came in and
started those massive trilliondollar stimulus packages, which
I'm still not sure where thatmoney went, but unfortunately
to pull the currency out of thesystem raising rates and
(14:29):
lowering credit access isbecause inflation was ripping.
Well, now we're adding atrillion dollars every three
months we're going right backup. So if we go, let's go back
into that. If we go to this andsee what I mean, they're now on
the right side. They're nowheading right back up again on
(14:49):
the money supply growth. Thatis dangerous because the money
supply growth is going to justexacerbate inflation. So we
think inflation was gettingbetter. Unfortunately it's
going to rip from here becausethey have to do this. And if
they try to lower interestrates, you will see probably a
(15:13):
little stimulus into the stockmarket. So don't be fooled,
it's going to probably run alittle bit off of this. I call
it like a parabolic blow off ,kind of , uh, blowing off the
top. But following that, we aregoing to enter a commodity
supercycle like you've neverseen. I will not be surprised
to see gold at $15,000 anounce. Silver will be hundreds
(15:37):
of dollars an ounce. And it'sbecause the United States is no
longer controlling it. This isbeing done by the east. They
control the trade routes, theycontrol the trade, they control
the manufacturing because we'veexported all of our
manufacturing and talent tothem. So I do like the idea,
(15:57):
bring it back to America. Iknow it's going to be a little
bit expensive, but let's startputting our people back to
work. Let's make Americafinancially great. If we do
not, we will have a 90 10, a90%, we will be in poverty,
middle class will be gone, andthere'll be that power elite at
(16:17):
the top. The world knows this.
Are we paying attention? And asthey're printing that money
into the trillions every somany months, this is going to
be what we see. This is thechart show in 1980s based
shadow stats. This is the realdeal. This is real inflation.
So no matter what you hear onmainstream media, I don't care
(16:40):
what they tell you, realinflation rate is 12%, around
12% right now. And this is agovernment stat number. Mind
you, when they start printingthose trillions, if they lower
those interest rates, thatnumber, that blue line is
shooting right back up. And soreal inflation will be a lot
higher and they're just goingto kind of whitewash the
(17:04):
numbers so we don't understandit. But they have to keep
inflation on the governmentside rigged against us like
this showing us, oh, it's 4% or3% because they can't afford to
pay the cost of livingadjustment for things like
social security. So this is areally big deal and I do
believe that the world economyis over as we know it. The
(17:28):
question is what's going to benext. So it's important to stay
focused and stay tuned. Godbless you.
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