#504 Fiat's Final Act: How the Financial System is Being Reset

Episode Transcript

Speaker 1 (00:00):
For ourselves and for future generations a new world
order.
Good evening, folks.
You're listening to the Hour ofthe 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.

(00:23):
And for all of you out there,on or behind the lines, this is
your song.
I'm Weta Hi Weta, veteran ofthree foreign wars, entrepreneur
and warrior.
Poet, tony Arterburn takes onthe issues facing our country,

(00:44):
civilization and planet.
This is the Arterburn RadioTransmission.
We'll be right back.
You remember that scene fromoffice space where they have the

(01:41):
uh, the printer.
They take out and they executeit.
I'm to do the same thing.
I'm going to go pick up MrAnderson.
Maybe we'll reenact it.
We'll even do the soundtrackfrom Office Space and I'll take
the soundboard from my remoteoffice.
This is giving me so manyproblems.
I tried to do the David Knightshow this morning and that was
the final nail.
By the way, it's brand new.

(02:02):
I bought this brand new lastyear and it's just slowly
declined With each update madeit worse.
So I think I'm going to officespace it as soon as I get a
chance.
I have to find a baseball batsomewhere.
But this is the Arterburn radiotransmission.
I'm broadcasting live fromHangar 18, along with my

(02:23):
co-pilot and co-host, beans theBrave.
It is the 24th of April 2025.
Beans and I, we bought our firstComex bar and if you don't know
what a Comex bar is, this isone of those large 1,000-ounce
silver bars that they trade onthe Comex and these are for
institutional type of bullionbars and I bought my first one

(02:47):
yesterday.
I've seen them, but I neveractually bought one, and we
bought one from our Denisonlocation and so I had to take it
down to the trading floor andget 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 alot of fun.
So we took some pictures andput that up on social media.

(03:09):
You can find that over on myInstagram and Facebook at
Paratroother if you want to goto the Instagram and check out
beans.
It was a cool experience.
I'd never bought one, but youalways run into some interesting
adventures in this business.
So we'll jump into someheadlines today.
I mean, I swear I know I lookat everything like I've got a

(03:31):
hammer and everything's a nailbecause I keep going to.
Every story comes back and ithas to do something with the
monetary system or gold, and I'mreally not doing this on
purpose.
I have one story about 9-11 Iwant to talk about today, but
that's fundamentally where weare folks.
I mean there's a reason why Iharp on this stuff so much, and

(03:52):
it's not just because mybusiness.
It's literally.
There's a historical shiftgoing on, the likes of which has
never been seen before.
It's actually kind offrustrating for me, because I'm
not more of a part of it with mybusiness, when you have the
death of a financial system,because that's really what
you're watching.
So you used to.

(04:12):
What's so interesting about allthis and I'm speaking with David
Knight about that used to, andthis is how it's been, and you
know through living memory andeven before I was born, through
living memory and even before Iwas born, markets they all went
together.
So this kind of commodities ifthe stock market was down, gold

(04:40):
would go down with it because ofcontracts and other things and
because of ETFs or whatever youwant to mix in with it.
It had market conditional tiesand something interesting
happened in the last two tothree years that stopped.
And I'll give you some examplesIn the past, in the 1970s.
You start out in 71 with goldbeing at $35 an ounce on August

(05:01):
15th in 1971.
By the end of 1979, gold'sclose to $800 an ounce.
Silver in 1980,.
By the way, I'm going to ask anopen question to the audience
Does anybody know of anothercommodity whose all-time high
was 45 years ago?
You want to really look intosome manipulation and something

(05:24):
that's not real.
Well, the price of silver isnot real.
We need that lady from Dallas,the lady on the plane, to call
out the banksters and those whoprice things is like that.
It's not real.
That price of silver is notreal.
Well, let me tell you somethingthat happened.
Okay, the reason that gold wentinto hibernation and really

(05:45):
didn't do anything through the80s and 90s.
The same thing with silver,even though Warren Buffett took
a periphery shot around holdingsilver and driving the price up
for a while, but didn't touch itlike the Hunt family did.
You have to understand.
The Hunt family in Texas tookon physical silver buying and

(06:06):
they paid a deep price for it.
By the deep, they got deepstated.
They were bankrupted by thepowers that be because they
exposed something.
When you remove the dollar, youtake the silver out of the
coinage and you decouple it fromgold.
It is a free-floating fiatcurrency backed by nothing, and

(06:33):
you expose that when youbuttress it up next to a
commodity.
And so by the end of the 70sthough this is under Jimmy
Carter they had a term for it.
It's called malaise orstagflation.
That's where you have inflation, high unemployment and low
economic growth.
It's like there's all thesethings happening at once.
Well, the head of the FederalReserve at the time was Paul

(06:54):
Volcker.
And what Paul Volcker did isbecause this is modern monetary
theory, keynesian economics whathe did was he raised interest
rates to the teens.
Okay, so they raised it.
That was like a mortgage in1980.
Because I remember my dadtelling me this he was building
houses.

(07:14):
He was a home builder at thetime.
Among other stuff, he wasputting in swimming pools and
buying convenience stores andstuff.
But that's what he wasprimarily building homes.
So you go borrow from the bankand 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 threeor whatever the hell you got it
at.
Well now I mean, think about 13, 14 percent.

(07:35):
So that means you know that'sprime.
And then you're going intoterritory of some of those, some
of the subprime or whatever itwould be.
Banks would be even higher.
Well, the reason that he didthat that Paul Volcker raised
interest rates to the teensfolks is so that they could
contract the money supply,because people would borrow less

(07:58):
, there'd be less expansion andthat was a way to curtail
inflation, because inflation wasrunning away from them.
And that's what they did theyraised interest rates to the
teens.
So you fast forward to the last.
You know, let's just call itfour years.
And so, after this massiveliquidity injection and, by the

(08:22):
way, let's kind of follow I'mgoing to back up just one more
time for me, because I want to Iwant to take you through some
math.
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 BenBernanke?

(08:42):
It was around two trillion.
And back then, what was BenBernanke?
It was around $2 trillion, andback 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 hisknees and say you have to do
this or we're going to lose thebanking system to authorize the
money.
I don't think they even do thatanymore.
I don't think they even havebudgetary constraints anymore.

(09:05):
So that was a big deal.
So it's $2 trillion.
They had to release all this.
You know it's too big to failand too big to jam Well, under
Jerome Powell and you knowCOVID-1984 and the whole thing
we have to.
You know we're all in thistogether.
We got to lock down.
We're going to just pay foreverything and we'll send you

(09:31):
your $1,200 checks.
And those who are essentialbusinesses, the good people, the
essentials, like the giant bigbox stores, the giant retailers
not you, a small business orhardworking people, no, just
these faceless multinationals,the essentials.
They have to get bailed out tooand get easy liquidity and so
on and so forth.
That was $5 trillion and that'sjust the blank.
That's just the beginning,right?

(09:52):
We know that 80% of all thedollars ever created were
created in the last five years.
Okay, so that's from the timeof our founding.
So just 80% of those in thelast five years.
That's the reality that you'rein.
So, given that metric, it morethan doubled every time they do

(10:14):
a bailout and so we're on thecusp of it doubling again.
But you have to understandsomething happened during this
time also that Jerome Powell andI want to get into.
Why Trump is criticizing Jerome?
Nobody's asking why.
Nobody's asking why is he madat Jerome Powell?
What could Jerome Powell dobetter than he's doing now?

(10:37):
Well, jerome Powell stepped inand he raised interest rates
faster than any other Fed chairin history.
So you think of Paul Volcker as, like you know, interest rates
to the teens, right.
But Jerome Powell did it fasterand you know he's faster as a
quarter of a point.
You know 25 basis points.

(10:58):
25 basis points keeps raisinginterest rates, contracting the
money supply.
Well, back in Paul Volcker'sday it drove the price of gold
down because people went backinto the markets.
You got a stronger dollar.
It's more reliable.
We're not going to have runawayinflation.
You get the Reagan years.
It's morning in America.

(11:19):
It ends in 1987.
It's kind of like we got WallStreet.
It ends in 1987.
It's kind of like we got WallStreet.
You got Gordon Gekko types, thefictional character by Oliver
Stone.
Greed is good.
You have that.
And then gold's just a sidething, it's just sitting over
there, $200 or $300 an ounce,just kind of wavering.

(11:40):
Oh, this is through the 80s andinto the 90s.
And then we reached the 21stcentury, you know, when the debt
of the US was around $5trillion 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 tohappen.
This is where you start seeingthe accelerating acceleration.

(12:03):
Seeing the acceleratingacceleration where by 2010 it
doubles and then 2020 it doublesthat, and now we're midway
through this decade and it'salmost doubled again to 40.
So there's nothing stoppingthis.

(12:24):
I mean the debt.
It's a bomb, it's metastasizingand they know that.
So what do you do?
Well, you try to outride that,you try to continue to keep the
bubble inflated, and that givesyou time to buy up assets and to
build yourself a shelter,because there's going to be a
fallout from everything everybad decision, everything that

(12:45):
all the wars we shouldn't havepaid for, all the stupid
programs, the welfare warfarestate, the bleeding, the
corruption, all this stuff, likethe $2.3 trillion that Donald
Rumsfeld couldn't find onSeptember 10th 2001.
Wink, wink, right.
He can't find it.
He's going to put it in thataccounting office right over
there at the Pentagon.
You understand that has to becontinually inflated, and now

(13:10):
the bubble's bigger than it'sever been.
So why is Trump mad at Powell?
Well, it's because he wantsPowell to cut rates.
He wants Powell to cut interestrates.
Powell's been raising them.
He wants Powell to cut interestrates.
Powell's been raising them.
Now he just lowered them beforethe election because they
figured they could do that andsee if, you know, we could get

(13:31):
Team Kamala.
Maybe just scoot that.
Keep the.
You know, not change thecaptain.
I'm going to change theleadership in the middle of this
.
We'll see if we can keep thecurrent regime.
That's what that was about.
Just a little goose, you know,make you remember how the happy

(13:52):
times are here again.
But they generally don't wantto lower rates.
So that's the battle.
I'll get into that today aswell.
I want to take this article fromActivist Post and talk about it
again.
Everything we're watching hasits roots in the financial

(14:14):
system.
Okay, so, politically,economically, socially, all this
stuff, the main headlines, thetheme 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.

(14:35):
This is an article and I wantto reiterate something I was
saying earlier.
It's just something to thinkabout.
Hold on one second.
I'm my own producer today, asper usual, and it's even harder
on the laptop, so you guys don'tcare.
I'm actually you like thebackdrop if you're watching me

(14:57):
on video.
I got the backdrop from NORAD ofthe 1983 film War Games with
Matthew Broderick, one of myfavorites, where they talk to
the AI named Joshua and he triesto win in a simulation of
thermonuclear war and decidesthat the only way to win is not

(15:17):
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 anarticle that caught my eye.
It's through in a lot of stuff.
This is Zero Hatch, just anarticle that caught my eye.
It's really quick.
But Lawrence Lippard he's beenmaking the rounds and some of
the things he says I happen toagree with.
He says gold is a seat in alifeboat, he wrote.

(15:42):
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 toget him on my show.
It's called the Big Print, andhe mentioned the same thing I've
been talking about, which iseach time they bail out you know
, each time they bail out thefinancial system, which they're
going to do again he said eachtime it gets bigger.
He saysanke printed $2 to $3trillion in three or four years.

(16:05):
Powell $5 trillion in 18 months.
He said this time it's going tobe $7 to $10 trillion, he said
but that's not just the size ofthe bailout, it's the pace.
And the part doesn't believethis ends with another round of
pain and paper promises.
He says what I'm advocating isfor a one-time reset, a return
to sound money, a gold-backedcurrency, and he talks about

(16:29):
having $5,000 gold within reachbecause of a monetary reset.
And I may disagree a little biton that, because the last time
we had a gold standard youcouldn't own gold.
You know, from 1933 to 1974, itwas illegal for American

(16:54):
citizens to own gold.
You have to ask yourself why isthat?
Well, it's because you know thepowers that be wanted to make
sure they controlled the realassets and controlled the true
money supply.
But when it was untethered fromthat, it made it advantageous
for them.
We could put that in the handsof the plebs, I guess.
And that was when Gerald Fordmade it legal after he took over

(17:17):
for Nixon.
Made it legal I think it wasaround, I think it was on
Christmas Eve of 1974, made itlegal for you to own gold.
And I always ask the openquestion why is it that
governments need to be involvedin currency?
I mean, we have a gold standard, have a silver standard, have a
Bitcoin standard.
Private institutions can issuenotes.
You know.

(17:38):
Again, you have, I know, a spotprice is good in Boston,
bangladesh, and it's good inBeaumont, texas.
I mean, around the world it'srecognized.
If you're talking about gold orsilver or precious metals in
general, I don't really needthem.
But that's the whole point isto control the money supplies,

(17:58):
to control reality, and I'malways skeptical of anything
that's done with the state.
I'm not sure that that would beadvantageous for us.
However, we do get to show theconsequences of decoupling a
currency from gold, and it isabsolutely disastrous.
It's evil.
It's evil.
You rob people of their energy,you rob people of their future,

(18:19):
you rob people of their hardwork 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 ofthat.
It's like we know the historyof bailouts and we know that

(18:40):
they're going to do it again.
And when they do it, it'sbigger each time and, of course,
that's just an expansion of themoney supply.
So, just drilling down beyondthe headlines of what some of
these other commentators won'tdo, I keep asking the question
what is it that he wants?
I'm talking about Trump toPowell.
He wants him to lower rates, hewants him to do quantitative

(19:02):
easing, he wants the liquidity.
He wants a weaker dollar, andthe tariffs are certainly
causing, yeah, trump's asked fora weaker dollar.
You have to have that in orderto really grease the skids and
all this stuff for tradenegotiations and everything else
.
However, it's bad for us, it'sbad for you in the long term,

(19:25):
because you're diminishingpurchasing power and you're
diminishing savings.
You got to outpace that, outrunthat.
All right, I'm going to jumpover to.
Let's see, we've got anActivist Post article.
Have you guys checked outActivist Post, activistpostcom?
Please do that.

(19:45):
My friend Charlie Robinson'sgot a great site.
He bought it recently.
I'm going to be advertisingover here at Activist Post With

(20:12):
that edge of alternative media.
If you know anything aboutCharlie Robinson and his work,
he wrote the Octopus of GlobalControl and the Controlled
Demolition of the AmericanEmpire, along with Jeff Berwick.
Just some great work and aresearcher that I absolutely
trust.
So let's put Activist Post upon the screen here.
Activist post up on the screenhere.
Yeah, I love Charlie and I toldhim I sent some Bitcoin over to
the site yesterday and I saidI'm going to be using activist

(20:33):
posts coming up tomorrow on theshow and again just stuff that
we've been talking about.
This is from yesterday we'vebeen talking about.
This is from yesterday.
The US dollar is crashing andour reserve currency status is
in serious jeopardy.

(20:53):
Is this being done by design,asks Michael Snyder?
Just for many years, punditshave been warning us that the US
dollar would collapse in 2025,it is actually starting to
happen.
The US dollar hit a three-yearlow against other global
currencies last week and onWednesday the crash of the
dollar resumed.
Overall, the US dollar is nowdown 9% over the past three

(21:18):
months.
The currency that has benefitedthe most is the Swiss franc.
The USDCHF recently hit thelowest level that we have seen
in 14 years.
What we are witnessing isliterally a bloodbath, and many
experts are suggesting that ourreserve currency status is now
in serious jeopardy.
Well, that's what I've beentalking about for years, for

(21:50):
years, and you know, it's kindof like Hemingway.
They asked or he asked him, oneof his novels I think it was
the, I think it was the snows ofKilimanjaro.
They ask a you know a rich manthat went broke.
How did?
How did that happen?
Says gradually.
Then suddenly, the dollarresumed its fall on Wednesday,
with both safe havens andrisk-sensitive currencies
outperforming the greenback.

(22:11):
As traders waited to see if USPresident Donald Trump's
administration reached new tradeagreement with partners.
The dollar tumbled last week onconcerns over the economic
impact of new tariffs, asinvestors shifted allocations
overseas due to uncertainty overthe erratic implementation of
trade levies.

(22:33):
It says to me, one of the bestways to elevate the strength of
the US dollar is to look at theprice of gold.
It's the best way to evaluate.
Excuse me, needless to say, theprice of gold in US dollars has
been absolutely soaring latelyand on Wednesday it went up
another 3.1%.
Gold prices extended theirrecord run on Wednesday to

(22:54):
breach $3,300 per ounce is aweaker dollar and escalating
US-China trade tensions pushinvestors towards a safe haven
asset.
Spot gold climbed 3.1% to$3,327 an ounce.
Well, we've, since I mean, thisis even it's not an old article
We've already hit $3,500 andpulled back.

(23:15):
Folks, it hasn't been that long.
It seems like a long time ago.
But August of 2025, I'm pullingup to the trading floor.
I couldn't believe it.
Gold was hitting $2,500 an ounceand I did a post about it.
I was like that is somethingthat I didn't think I'd see that
soon.
I mean, I was thinking likecloser to the end of the decade,

(23:38):
but the whole point of myopening salvo in this
transmission was about, that is,that none of the market
conditions are affecting theprice of this certain commodity.
I think silver is the nextthing to go with it.
You can't name me.

(23:59):
I can't name off the top of myhead.
You do some deep research.
Tell me a commodity whoseall-time high was 45 years ago.
That's silver.
Gold's breaking.
Its is doing its all-time highevery 30 seconds now.
So there's something, there'ssomething to look at with silver
.
But this is all part of themonetary reset, folks, and

(24:20):
you're starting to see again.
Gold is not even affected bywhat you know, powell, does
rates drop, rates raise,quantitative easing?
It's moving becauseinstitutions, governments,
multinationals, bankingconsortiums, they're buying it

(24:43):
and they're buying it to getaway from the dollar system.
So de-dollarization is rapidlyhappening.
This isn't theory, this isn'tlike oh well, you know, I have a
chart it's going to show usthat within six months.
No, it's happening now andevery day that goes by, you know

(25:09):
, the system that was is beingreplaced with what's going to be
, and that's the new economicworld order.
You're watching it unfold.
Matter of fact, the ShanghaiGold Exchange is building, has
plans to implement physical goldwarehouses internationally,
placed internationally to tradegold bullion, because it's about

(25:29):
physical form.
The trust factor in all of thisis also very important.
The trust factor is we'vemarkets rely on trust and
certainty.
We're taking those things away.
How can our trading partnerstrust us?
We've weaponized the dollar.

(25:50):
We sanction everybody.
We've got over 40 differentsanctions on 36 different
countries.
I'm sure that's that's a metricI've been using for two years,
so I'm sure it's increased andjust increase our sanctions.
You know we got the tariffs.
We use that, by the way, I'mall.
I love tariffs, but not likethis.
It's just an added tax.
You got to get rid of somethingelse to use.
The whole point of why tariffsare great is because you have no

(26:13):
income tax.
You can't have both.
If you have both, then there'sno incentive to build anything.
You just want to avoid thetariff.
That's not enough.
But those systems, whatever itis, it's not monetary metals.
That train is leaving thestation there.
I don't believe they're.
Even they will be somewhataffected, because there is.

(26:34):
You're not going to becompletely decoupled, but not
like before, and that's what I'mwanting you to pay attention to
Specifically.
The dollar's status as areliable safe haven has been
tarnished and its role as a defacto global currency has been
looking increasingly uncertain.
Signs of growingdissatisfaction with the dollar

(27:04):
can be seen in the breakdown ofits long-standing correlation
with other markets.
Having the primary reservecurrency of the world has been a
major advantage for us, butthere are other currencies that
are widely used in global trade.
In recent weeks, the euro, theSwiss franc and the Japanese yen
have all done extremely well.
For decades, the dollar, theSwiss franc and the Japanese yen

(27:24):
were among the most popularoptions for investors seeking
calmer ports and volatilemarkets.
But while the yen, franc andeuro have shot higher over the
past few weeks.
The US dollar index, a populargauge of the dollar's value
against its main currency rivals, sank to its lowest level in
three years.
By comparison, the Swiss francrecently climbed to its

(27:44):
strongest level in 14 years toits strongest level in 14 years.
You know the Swiss franc andthis is an interesting history
of currency.
When Nixon took us off the goldstandard, I mean you got to
remember we were the world'sreserve currency and most things

(28:09):
, most currencies, had some sortof backing because that was
what they relied on the dollarsystem, the gold-backed system
that came out of Bretton Woodsin 1944, out of New Hampshire.
When we uncoupled from that,the rest of the world followed
bit by bit, and the Swiss werethe last holdouts to unback

(28:30):
their currency by monetarymetals.
They had it backed by silverand it wasn't until 2002 that
they completely removed it.
But what you have to understandand it's something that's in my
wheelhouse, something I'minterested in when you zoom out
from that timeline and then youstart looking at the currencies

(28:53):
from around the world, they allhave this same problem.
It's not unique to the US.
The problem is the US is justso much over leveraged because
we had the privilege of beingthe world's reserve currency.
So these other countries usingthe dollar, cycling it through
the petrodollar that we lostrecently, again without any

(29:16):
fight at all, no strategy tokeep it whatsoever.
There's 52 times more currencyon earth today than when I was
born.
So 45 years ago there's 52times more currency.
So do you think the currency ismore valuable?
And it's an open question on.

(29:37):
I think we're going to bewitnessing some amazing history
that'll blow people's minds whenit comes to the repricing and
restructuring of this stuff.
And especially, I had a callwith a customer yesterday and
they asked me about is goldpeaking?
And I'm like, I don't thinkit's peaking at all.
But silver still to me, with ithaving a 45-year gap between

(30:05):
its all-time high and a complete.
I mean think of what $50 couldbuy you in 1980.
Think of the purchasing powerof $50 compared to $50 now.
And then it still hasn'tbreached that, it still hasn't
hit that all-time high of 1980.
I think that is something thatis going to happen.

(30:28):
I think that is something thatis going to happen.
I think there's too muchmomentum behind the rush for
commodities and other countriesputting in their sovereign
wealth funds and other things,russia recently doing that with
silver, so pay close attentionto that.

(30:49):
There's also been a lot ofsell-off in bonds by some
measures.
The world has been shiftingaway from its dependence on the
dollar for decades.
Data from the InternationalMonetary Fund shows the dollar's
share of global central bankreserves has been shrinking
since the late 90s.
It was gradually and thensuddenly.
When the dollar is strong, usgovernment bonds are attractive

(31:13):
to foreign investors.
This keeps our borrowing costsdown, but in recent weeks we
have witnessed a major sell-offin bonds.
At the same time, the stockshave been going down.
Well, interestingly enough, Icovered this last week on the
show.
The Chinese used to be thelargest holder of US treasuries

(31:35):
and now they're the greatestseller of US treasuries.
I noticed that the headline onthe 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 alittle known fact that I didn't
see covered in the mainstreamfinancial news networks.

(31:57):
Imagine that they just weren'tpaying attention.
Remember those things calledmortgage-backed securities?
Remember those If you everwatched the big short?
Or understand what happened in08 with the derivatives and all
the things They'd package theseproducts and sell off this
garbage, all these loans thatwere going to be underwater, and

(32:22):
they'd just turn up the volumeon the currency creation, which
is what it's all about.
Well, there's $1.2 trillionworth of mortgage-backed
securities that are held byforeign governments.
So just here in the US, there's$1.2 trillion of
mortgage-backed securities heldby foreign governments.

(32:47):
Guess who the largest holder ofthose are?
If I said China, would youbelieve me?
So think about the leverage ofthat.
Now they're dumping UStreasuries, they're getting into
gold, they're setting upsatellite offices for the
Shanghai Gold Exchange, justlike I've been saying.
You know it's.
The world is just they've hadenough.

(33:10):
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 doubletaxes.
You've got to do something else.
You can't just have doubletaxes not making it advantageous

(33:35):
for those companies to movehere.
Michael Snyder goes on to say wehaven't seen a financial crisis
like this in a long time and weonly have a limited amount of
time to turn this around beforethings start getting really
messy If this new crisis beginsto spiral out of control, there
will be an immense amount ofpain and we could witness a
collapse of confidence in the USdollar.

(33:56):
One exporter is warning thatthe US dollar has now been put
on a watch list.
It is too early to call ifwe're seeing the demise of the
dollar, but the dollar hascertainly been put on a watch
list, says Kevin Gallagher, adirector of the Global
Development Policy Center atBoston University.

(34:16):
The US is no longer innocentuntil proven guilty, but the
opposite.
Well, yeah, we weaponized it,folks.
We didn't take care of ourfiscal house.
It's just been bomb, print,repeat, spend, inflate.

(34:41):
Think of those metrics.
So think on a long enoughtimeline.
You know, if Ben Bernanke didtwo to three trillion to bail us

(35:01):
out and then Jerome Powell didfive or six trillion to bail us
out, then that means and thatwas in the span of what?
12 years, and then it's alreadyshortened.
It'll, you know.
So cut that in half.
So you know you're looking atanother bail out of what?
$12 trillion Again, they'lljust have to continue to create
currency.
That's why the world is movingaway from the fiat dollar system

(35:23):
and into commodities.
The chairman of the White HouseCouncil of Economic Advisors,
stephen Mirren believes thatdevaluing the dollar is the best
way to reduce our trade deficit.
You see how this is working ForMirren.
Tariffs are moving away from.
A strong dollar could have thebroadest ramifications of any

(35:45):
policy in decades, fundamentallyreshaping the global trade and
financial systems.
Mirian's essay argues that astrong dollar makes US exports
less competitive and importscheaper, while handicapping
American manufacturers as itdiscourages investing in
building factories in the UnitedStates.
The deep unhappiness with theprevailing economic order is

(36:08):
rooted in persistent overvaluation of the dollar and
asymmetric trade conditions.
Mirren wrote All right, so thisis why and what I said earlier,
this is so.
They're pushing for a weakerdollar to reset the system and I
think, for a host of reasons,not just this right.

(36:31):
But that is true.
You know a strong dollar theway that the system was and the
way that the system is, it needs, and if you're going to bring
anything here, you have toweaken the dollar.
But at the same time, when youdo that, you're also weakening
everything else that is tied toit.
So Wall Street, 401ks, the IRAs, all the stocks you have to

(36:57):
heat that up.
You have to get people reallychurning and burning in order to
keep that hot, keep the moneyvelocity, running Massive gamble
, especially when the conditionsaren't there and what I mean by
that is the domestic conditionsto attract investment

(37:22):
infrastructure.
It is true that the dollar issubstantially devalued.
Our trade deficit will bereduced, but in the process our
standard of living will begreatly diminished.
This would particularly be truefor those at the bottom level
of the economic food chain, andif another global reserve
currency ultimately takes theplace of the US dollar, that

(37:43):
would be absolutely catastrophicfor our standard of living.
Well, I don't think it's goingto be another.
I don't think it's going to bea bricks-backed thing.
I don't think there's aunification enough.
But they will have cross-borderpayment systems.
I think gold already is that.
They're just figuring out waysto transfer it.

(38:05):
Maybe it's a stable coin, maybeit's something.
It's a stable coin, it's across-border payment system, but
it's going to be based offphysical bullion.
We're moving away.
The future is not fiat.
It's because of the mess that'sbeen made and you're talking
about a debt bomb.
It's $350 trillion of debtworldwide, folks.

(38:28):
I mean it's massive and thosewhole fiat systems, everything
has.
There's a reason why they callit the Great Reset.
Okay, at this stage in ourhistory.
The strength of the UnitedStates is dependent on the
strength of our currency to avery large degree.
If the dollar crashes and burns, so will our society as a whole

(38:52):
.
So says Michael Snyder.
I don't disagree, and that'salarming Again.
Why do I talk about this stuffso much?
Because you need eyes on it,because that's really what
matters.
I mean, I guess that internalpolitics matter, the culture war

(39:14):
matters.
But until you fix this, untilyou really address this issue,
you keep getting the sameresults.
You know you get the samepeople that think we can go
fight, you know, five differentwars at once.
We'll just print it.
Or Janet Yellen coming out andsaying of course we can afford a
war with Russia, of courseWe'll just print the money.
You're literally bringing deathto this society.

(39:40):
You're robbing people.
It's not my opinion.
When some lizard person pressesthe button and they create a
trillion dollars of digits anddevalues some social security
recipient whose husband passedaway 10 years ago on a fixed

(40:02):
income and they have to decidewhether they're going to get
food or medicine, that'scriminal, that's satanic.
And they know they're doing itbecause they have to pay for the
next program, they have to, thenext weapons system, the next
welfare system, to get theirconstituents fat and happy, or

(40:25):
whatever, like Lockheed LindseyGraham or whatever like Lockheed
Lindsey Graham.
The waste, the fraud, the abuse, all that.
It becomes so much moreubiquitous when you don't have
any sort of accountability, andyou certainly don't have any now
.
So if you don't fix this whichit doesn't look, I'm alone in

(40:47):
the wilderness on this becauseI'm like, well, it doesn't
really matter.
The rest of this, the peripherypolitics, 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'regoing to have to figure out what
happens after, what happensafter.

(41:18):
There was a great quote thatalways made me laugh that Pat
Buchanan would bring up, and Iread a lot of his writing and
books and he worked in the NixonWhite House and there was
another speechwriter namedHerbert Stein and they call it
Herbert Stein's Law.
It said if something cannot goon forever, it will stop.
Oh, that's so much fun, allright.

(41:43):
Oh, I see Billy Ray Valentinein the chat.
Billy Ray Valentine says Chinawhat was that in reference to
brother?
You have to put that You'rebetter at keeping track of my
streaming consciousness than Iam.
Gard Goldsmith says a strongdollar, if valued, honestly,
doesn't discourage investment inUS business.
It incentivizes it.
I agree with you, gard, becausethat's stability.

(42:03):
And then the whole argument islike, how strong is fiat
currency?
Well, you know, all you can dois slow it down, but you cannot
keep it from going tanking.
I'll give you an example.
So I brought up last week on theDavid Knight show.

(42:23):
I brought up because gold wasat 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 doneit because it hit 35.

(42:51):
I didn't think it would do itin the next six days, but it
certainly did.
It hit 100 times value.
So what does that tell youabout?
Because gold really and againwe 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 aboutyour currency?

(43:12):
There's a rapid devaluationgoing on.
Yeah, billy Ray Valentine sayswho owns our debt?
It's China.
Yes, and China owns a vast bitof it.
But they're selling off thosetreasuries.
They've become the largestseller of US treasuries now and,
like I said, they do own debts,like those mortgage-backed

(43:37):
securities which brought ourwhole financial system to its
knees.
It seems like very quaint.
It seems like very quaint.
You know it was the Secretaryof the Treasury, hank Paulison,

(43:58):
who was begging Nancy Pelosi forI think it was $750 billion,
and now I don't know if theyjust created an environment
where that's just so much easierto get because they don't even
bring it up anymore.
All right, all right, all right.
Let me jump into the chat reallyquick and you can follow us
over on Rumble on the AmericaUnplugged channel.

(44:19):
I would encourage you if youwant to see it.
If you're hearing my voice, Iput up a YouTube channel at Tony
Arterburn.
It's my first stream that I'mdoing.
I don't think anybody'swatching.
I don't think I have anysubscribers yet, but you can go
find me at Tony Arterburn.
I thought I'd try it for alittle while.
We'll see.
Go over there and sub over onthe YouTube channel at Tony

(44:40):
Arterburn.
I'll see if I can just keep itup for a stream.
Merrick Unplugged over onRumble and then my ex is at Tony
Arterburn.
We're streaming over there.
So yeah, please go find us.
I've got a new pair of truth orI'll be doing this weekend with
Mr Anderson and the legendaryDon Jeffries.
We're going to talk about hisbook, the American Memory Hole.

(45:02):
I've got a new pair of truth orup.
If you haven't seen it, mrAnderson and I did one on the
catcher in the rye.
It's pretty good.
I love.
I love to have it's a basis aconversation between Mr Anderson
and myself.

(45:22):
Guard says makes sense forbondholders to sell their
current higher yield bonds athigher prices because the new
bonds are things Trump wantsoffered at lower rates.
Yes, oh, jason Barker.
He subbed over on my YouTube.
Thank you, sir, appreciate youAll.
Right, let's check out theRumble chat.
I'd like to see what you guysare up to.

(45:43):
Appreciate everybody being here.
Yeah, I tried running a showlast week.
They were working on my houseand I wasn't going to let this
show go because I have to use mymakeshift mic and all the stuff
that I have here at the office.
But totally worth it.
Let's do the last article ofthe day.

(46:06):
This was up on Natural News andI'll do spot prices and stuff
before I get out of here.
Let's go to Natural News realquick.
I thought this was interesting.
A lot of stuff coming out rightnow and you got to get ahead of

(46:31):
the ball.
Though Reframe the argument.
Senator Ron Johnson propels newinquiry into 9-11.
Building 7 collapse Questionsgovernment transparency.
Us Senator Ron Johnson ofWisconsin plans to lead hearings
on 9-11 focusing on unresolvedquestions about WTC 7's collapse

(46:56):
.
He challenges official reports,notably NIST findings, demands
documentation and scrutinizesthe rapid debris removal from
Ground Zero.
You think rapid debris removalfrom ground zero?
You think Well, what if I toldyou folks that building seven

(47:19):
was not in the 9-11 commissionreport?
Can you believe they left thatout?
What if I told you that the9-11 commission report
originally had a budget of only$3 million, I mean, for the
entire investigation to takeplace?
And then the families of thevictims of 9-11 got really mad

(47:42):
when they found out that GeorgeW Bush's inaugural was $30
million and they demanded anincreased budget, and I think
they got it up to around $13million these are true things,
by the way and so they leftBuilding 7 out.
It's kind of weird, right?

(48:03):
It's a 47-foot tall, 47-foottall, 47-story, tall, steel
constructed building that holdsthe SEC, the IRS, the CIA 47
feet.
That's funny, you can tell.
I've been running around andcrunching numbers in my head.
I have to rely on beans now todo the overflow of all the calls

(48:27):
.
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 Fromoffice fires Not in the 9-11
report.
Interesting, yeah, but we can'thave any investigations.

(48:54):
That would be.
I mean, that's really rude.
You know this country's funnyabout stuff like that.
People get so angry Like howdare you question that?
Well, you know, don't you wantto know what happened?
Hold on a second.

(49:15):
Let me put this back up.
Johnson describes World TradeCenter 7's collapse as a classic
implosion, disputing NIST'sclaim that fires alone caused it
.
Critics, including engineersand architects, cite its near
freefall descent as evidence ofcontrolled demolition, a claim
dismissed by mainstream experts.
Johnson allies with 9-11transparency advocates like Kurt

(49:41):
Weldon alleging Bush-eracover-ups while facing backlash
from some conservatives.
Yeah, I would say thoseconservatives, I know exactly
those type of people and yeah,they're not really conservatives
.
I'm putting this in quotationswith my free left hand.

(50:01):
The Trump administrationpressed to declassify materials,
though past bipartisaninquiries avoided structural
collapse theories.
Over 1,500 professionalspetitioned for a new
investigation, citing anomalieslike symmetrical collapse and
molten steel issues.
Nist deems resolved.

(50:23):
Firefighter accounts ofexplosions further fuel debate,
though experts attribute thoseto natural collapse dynamics.
What's funny, it's neverhappened before, never happened
since, and nobody changed any ofthe architectural guidelines or
laws for the country.
The hearings risk polarizing9-11 narratives, balancing

(50:47):
demands for transparency againstinstitutional credibility.
Supporters see a path to truthwhile critics warn against
reviving conspiracy theoriesthat overshadow historical unity
and resilience.
Oh well, there's a little knownpart of history that doesn't

(51:07):
get talked about a lot becauseyou 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 7th1941, franklin Delano Roosevelt

(51:29):
knew that the Japanese weregoing to strike Pearl Harbor,
not maybe necessarily the minute, but they knew it was coming.
They'd been warned, not just bycongressmen and people who had
been given information, people,overseas intelligence officers.
They cracked the Japanese code,they cracked the code purple,

(51:55):
they had the cipher.
So they knew that there was astrike.
It was imminent and the admiraland the general that were in
charge of Pearl Harbor, you know, were ordered to have the ship
in a certain way and to havethis, the entire setup was rife
for a strike and the maximumdamage.

(52:20):
So you could drag the UnitedStates, who was very much
America, first and wanted tostay out of foreign
entanglements and follow theadvice of the founding fathers.
We had learned everything weneeded to know about European
wars from the 150,000 troopsthat we lost in World War I for
nothing, not to mention thehundreds of thousands wounded

(52:43):
Learned nothing.
It wasn't making the world safefor democracy.
If you fast forward to 1941, ithad made the world safe for
Hitler and Stalin.
So America wanted no part inthat.
You had to be drug in.
It had to be this type of event.
So I'll fast forward you toSeptember of 2000 with the

(53:06):
Project for a New AmericanCentury.
You know people like BillKristol, william Bennett in the
documents, I think, charlesKrauthammer, some others notable
commentators and think tankers.
Okay, they put out thisdocument, project for a New

(53:26):
American Century Richard Pearl,I think, was in there and it
calls for, in order to do therogue state rollback and do this
new American century for takingout rogue regimes and regime
change, you needed a PearlHarbor-style event.
A Pearl Harbor style event andalmost, almost, overlays the

(53:52):
casualties, the deaths of PearlHarbor, almost exactly.
So he asked you the what's themathematical chances of getting
what you want, almost exactly ayear after you publish the
document In kind of the same way, you know what was the document

(54:19):
that was on Bush's desk fromthe CIA, that Condoleezza Rice I
think it was August 6th or soBin Laden determined to strike
America or within inside America.
Well, of course you know we hadTim Osmond on the payroll.
The CIA station chief had metwith Bin Laden in Dubai in July

(54:43):
when he was getting kidneydialysis.
That's a documented fact.
The world's not what it seems.
History is a pack of liesagreed upon.
Let's see.
Us Senator Ron Johnson hasannounced plans to spearhead

(55:06):
congressional hearings into theSeptember 11, 2001 terror
attacks, focusing on unresolvedquestions surrounding the
collapse of World Trade Center 7.
Johnson unveils congressionalplans to re-examine the Trade
Center collapse.
Controversy over NISTISTscientific validity.

(55:29):
The NIST 2000 report attributedWorld Trade Center 7's collapse
to fires sparked by debris fromthe Twin Towers.
Well, you can have debris andyou know you can have office
fires, but a symmetrical,simultaneous demolition of a
building has to be pre-planned.

(55:50):
You know, and lucky LarrySilverstein, you know he just he
had to pull it.
Well, I hope this is the case.
You know, I'm just for thetruth.
I think these investigationsneed to happen, at least have

(56:17):
the chance to have them happenso people can testify.
We have to do that.
I mean, what did Solzhenitsynsay?
Live, not by lies.
You can't just live inside alie.
And I want to know, I want toknow, I want to know what entity
pulled this off Kubono?

(56:38):
I mean, I can just kind of seewho benefits Mainly military
industrial complex in foreignnation states like Israel.
Industrial complex in foreignnation states like Israel.
Think of the damage that's beendone.
What interest is it of ours tobe in that region?

(56:58):
Who we buy oil from is notimportant.
We can produce our own.
Alright, we'll see if thathappens.
And I'm sure we'll see if thathappens.
And I'm sure we'll talk moreabout 9-11.
On Paratrooper, this year I planon having some guests on
concerning that.
I need to.

(57:18):
I'm supposed to be going overto England to meet with David
Icke very soon.
I need to make that trip happen.
It's been a busy time with themedals and stuff, but I actually
got a chance to talk to GarethIke, his son and we have a
tentative meeting, so I got tomake that happen.

(57:40):
We'll talk to David Ike abouthis book, the Trigger, maybe,
and get that on the podcast.
I'd love to do that Great book,by the way.
All right, let me stop thescreen here.
All right, harp says 42.
Tony is the answer Always 42.
Yeah, very much, that's theanswer.
Right, that's the answer tolife.

(58:03):
That's the Hitchhiker's Guideto the Galaxy.
Karen Carpenter wants to knowif I'll stream America Unplugged
on my at Tony Arterburn streamon YouTube.
Sure, sure, happy to.
I'll see if that, we'll see howlong it lasts.
Thanks everybody.
Okay, real quick.
Spot prices Today.

(58:24):
Hold on.
Let me pull up new spot prices.
You can also get the currentspot price over at
wisewolfgoldcom.
The current price of the yellowmetal 3,330 Luciferian Bankster

(58:48):
notes per troy ounce.
3,330 Fiat Federal Reservenotes per troy ounce, up $44.99
since opening trade today.
Silver $33 and 50 cents anounce an absolute historical
bargain of epic proportions.
If you want to get in onprecious metals, we are your
team.
Just give us a call.
You can go to wisewolfgoldcomor any of my websites or
arterburngold.
You can find me there.
You can email me.
You can find me on Twitter.

(59:09):
However, you want to contact meand 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 businessand that's how we fuel all these
shows and everything else andstream out on WWCR and do all
the cool stuff that we do, and Iappreciate each and every one
of you.

(59:29):
I'll be back next week.
Take care of each other.
End of transmission.