“If we get to a currency reset, the countries that have a lot of gold will be sitting at the table. And those who have no gold will be told what to do,” warns Clive Thompson, retired managing director for Union Bancaire Privée in Switzerland. Building on his earlier insights regarding the expanding fiat wealth, Thompson delves into the unsettling prospects arising from the questioning of the dollar’s supremacy and the importance of de-dollarization in the second part of the interview with Daniela Cambone. He highlights some precarious scenarios when central bank digital currencies are ushered in and how it could erode personal freedoms and privacy not just for ourselves but for future generations. “It’ll become more and more difficult to spend your money without using the CBDC,” he warns.
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📖 CHAPTERS:
00:00 De-dollarization
4:20 Can the U.S. stop de-dollarization?
5:13 BRICS currency and U.S. dollar
5:50 Currency reset
8:39 Debt issue
9:35 Alternative scenario as debt spirals out of control
11:10 CBDC
16:33 Reset
20:20 Can we stop the reset?
27:50 CBDC scenarios
31:59 Concluding words
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32 Comments
How do you plan to avoid de-dollarization and CBDCs? Schedule your FREE 30-minute in-depth strategy session to learn ways to protect yourself: https://calendly.com/itmtrading/500 or call 866-706-9061
Okay, Boomer- they stood for 70-80 years and created this mess- narcissistic, self-indulgent generation who worshipped hypermaterialism. Now they dump the mess on their "kids and grandkids". Actually, unless this awful generation die soff in next 10 months, THEY will also get the dystopian future- it starts in 2027. Once their assets crash and they actually have to come out of retirement into a depression.. we will see how self-indulgent they are
Here is the true facts, stores are closing down in the US cities left right and centre because people are raiding and striping them of their goods, food stuffs, electronics, gold jewellery. If you think digital ID means means they can control the populace with digital ID think again, the people doing this know the whole system is about to explode and police officers, and people wont even be safe in their own homes especially in the big cities. This is why Trump is sending troops to the big cities.
Another great interview from Daniela with Clive Thompson.
This man has the gift of making often complex economic & financially related topics come over as crystal clear.
He is 'THE GOLDFATHER'… of that there is no doubt.
Citizen comply
Revisited this one – Happy New Year to all 🎆🍷
Most people will go for anything.
CBDC can’t work as shown in last weeks chaos of having global outage—we will always need physical….Gold or currency
If we dont stop this, we wont be slaves to CDBCS for long before we are exstinct! Any acceptance of this systems leads to this conclusion.
So, in other words, we are all screwed.
The book of Revelations warns about the mark which God knew from the beginning.
If you are limited by the CBDC how much you can save or invest there will be no more new business startups.
The drug dealer and money laundering is the excuse they use to bring in the CBDC. The truth is the CBDC is slavery to the general population.
Countries with no gold can also use commodities for trade. Saying gold is the only option is a bit weak.
I am a member of the master race. I decide your speech. No one else. You are only here because I allow it.
I wouldn't say you are the winner if you had owed money because there might be, and there were, different factors how debt and deposits were handled. Just look at how it was handled in 1948 in Germany.
CBDCs are incomprehensible for people who have never earned a living in a real work, of the real life dealing with real stuff buying and selling from and for real people. By the way don't call it CBDCs because they will the total opposite, not currencies but anti-currencies because their purpose is not to let transactioms flow but to stop them to the point people will stop every economic transaction out of the matrix of oligopolic merchantile mega-conglomerates
Canada has no gold, surprise, surprise. Look who's in charge.
Nice video. Very interesting gentleman. He explains to the point of being very easy to understand.
Chip Roy released a statement that CBDC was hidden in the bills that were recently passed.
Great interview (both parts). Thank you.
At around 81 tears old, Clive Thompson looks and sounds like a youngster:))
'Don't worry about tomorrow, let tomorrow worry about itself!!'
Daniela, correct me if I'm wrong, but have you interviewed Catherine Austin Fitts who can be found at the Solari Report about what she sees as inevitable, the imposition of Central Bank Digital Currencies (CBDC's) after several CRISES and once the Low Orbit Satellites are in place to implement this NewControlSystem….thanks Elon Musk (one of many World Economic Forum YOUNG GLOBAL LEADERS)?
If you haven't already done this, you NEED to!!
In the year 2000, Nicholas Rockefeller already spoke about this inevitable financial control system, 'everyone will be chipped with their money integrated into them!'
Unless DEBT FORGIVENESS (Professor Michael Hudson) is adopted. It won't be as an optimal management of the 'HUMAN HERD' (F. William Engdahl) has been planned🤫
'You'll own nothing and be HAPPY!' Klaus Schwab.
Mr Schwab was put where he is by a certain lovely man, Henry Kissinger😇😉.
Mr Schwab's MENTOR was a canadian billionaire and member of a small group of individuals financed by David Rockefeller, The CLUB OF ROME.
The Club Of Rome invented the invisible enemy, 'RUSE,' the life-gas Co2.
Maurice Strong created the political instrument, the IPCC(International Panel on Climate Change)🌡📈🚀to inject idiotic CLIMATE FEARPORN BS into oh so many people's easy to fool minds😱🥴😎!
The Climate Fearporn😱 is simply a political LEVER to scare people into the submission that our MASTERS desire👿
Without the VITAL injection💉 of FEAR😷, the OLIGARCHY can't possibly achieve their objectives!
What ever happens you'll be the last to know.😅
CBDCs will definitely become a danger to human kind not only to the “sheep” class but to the “ruling” & the “government” class themselves as well….& if u fix the future picture to the one we already have and are living right now…you will see why. With cbdcs, humanity will reach terrible heights….& depths…CBDCs will make us feel the desperate need to hide in our rooms from the drones, cameras, Robot police & Black Maria round-up trucks to collect the “restless rebels” to transport them to holding cells for “re-eduction” prosperity & progress will not inspire pride & will mean nothing to the 99%. & much less to our kids. There will only be control freaks searching for more ways to control their people.
The government we already have now have become TOO controlling ((if they want CBDCs, want us to eat bugs, use crisis to hide their financial problems behind & lockdown the entire world…etc, then they have already become fascists & too controlling for ANY KIND of art or human expression to survive except the ones they allow to.
their controlling nature will become a habit. & every habit with continuous practice becomes a strong addiction.
If you thought the control freaks making all too human mistakes in the globalist whitehouse is bad…wait till you see what happens to them when the ALL ENCOMPASSING POWER of CBDCs plant the dark seeds of madness in their sub conscious.
BECAUSE THEY CAN…They will stop us from buying what we want,, stop us from going where we want, stop us from hanging out with who we want & worst of all …they will stop us from being parents to our children as they will TAKE AWAY parental authority from humanity & then take away our children’s love & loyalty since they will need our children’s belief, love & loyalty more than they will need us.,,,this has already happened to me when I misguidedly had to run away from an abusive husband..they took my children & i have no more authority over them, & now divorced & grown, they expect no love from me & i expect no love from them…also we do not keep each other company..as it is not expected anymore….as they did not spend time with me & i probably became starved for my children’s love & that is why i keep pets, pets are like “forever 2 year olds”,,anyhow this aside, besides this sad problem, yes ..this is what over-reach of authority will do.
OF COURSE civil servants, politicians, government will SCREAM & SAY NEVER!!!…and they mean every word they say…all humans mean the best we can…until we cannot….but it already has happened and no one has even noticed the lonely people like me that are growing in number….in our present world…it is not free and innocent like it was before…it is now becoming so common…to see mad people running amok all over the place…look anywhere now…everyone on the road seems to have that air of indifference & sadness on their shoulders….
I am not saying government are bad…im saying they just got too ambitious…& forgot why they wanted to help the people live better freer lives… the system we have right now does not allow for them to be the paragons of virtue & morals that they originally wanted to be….
As economists say, …would people vote for government that did not promise them free money, free everything? Instead promised them that they would be taxed more?
The politician that promised more tax would not stand a chance.
So the politicians of today LIE…and the people fall for it all the time…THE WEAPONS LOBBYIST SWEEP IN & HARVEST THE SOULS OF THE POLITICIANS & governments SO FAST … they were humans one day…the next they became soulless puppets of profiteering mass murders….& then one day we wake up & it is CBDC TIME…BUT IT DOES NOT HAVE TO BE…BECAUSE YOU DON’T NEED A CANNON TO KILL A FLY ON ON THE WALL.
One (two) of your best interview(s) ever (at least since I started to watch your podcast in the last few years). Thank you. 👍👍
When I hear that the dollar will stay for a very long time, it sound trange to me; when you know how the BRICS countries are growing fast (+35 countries about to join) and the fact that 1 $ in 1800 worth today 0,04$! Dedollarisation + hyperinflation + new financial and monetary system using new technologies = tsunami! In my opinion, the fact the central banks are buying a huge amount of gold (and silver as well) is not only because of the inflation and the economic incertainty, but also because they know that gold will regain its place instead of the dollar! The more gold a central bank holds, the more room for maneuver it will have! Just my opinion of course!
Everytime you use a card the bank makes money . When we use paper money the banks 0 . See its more control and a profit that is fixed and the bank will have all the money . GREED buy gold land and guns. The bad people will hide and pay someone to come for us . The day they come out someone will be there waiting for you.
They dont care at all. So the government is the problem world wide . They have no plan to stop spending money on themselves or stealing it. They are doing tax paying citizens like dogs and they pay 0. Yes this is not going to get anything but worse .
Clive is the main man 😎
WOW!!! Unbelievable unfortunate for the future generation. Excellent info and advice.
12:54
"Now lets say I was… and I'm not… a Columbian drug dealer" 😂
Clive is killing it …great interviews 🎉