RIGGED [against you]

20. What Is This Global Financial Reset We Keep Hearing About?

October 05, 2020 Terry Sacka, AAMS Season 1 Episode 20
RIGGED [against you]
20. What Is This Global Financial Reset We Keep Hearing About?
Show Notes Transcript

Initiating Global Reboot in 5, 4, 3, 2, 1...Terry Sacka AAMS explains how this financial reset we keep hearing about could rewire as much as $16.8 trillion of our world economy.

It will change everything we know earning, saving and investing your money. It will also give those who are prepared the opportunity to obtain wealth they normally would not have had a chance at prior to the reset.

Will you be prepared for the wealth transfer?

RIGGED [against you] w/Terry Sacka AAMS 

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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.

RIGGED [against you]:

Intro

Terry Sacka AAMS:

This is RIGGED. I'm Terry Sacka. Today. We're going to talk about the global currency reset. There's many resets out there, but what a lot of people say, what is the currency reset? We keep hearing about reset, reset. What is that doing to the dollar? What is it doing to the economies what's really going on? Well, one of the bigger scenarios that is written out there and talked about, there's a few different actual resets taking place here, let alone the whole cultural reset you're seeing take place in the United States, but there is an actual agenda. And the global currency reset is kind of wrapped around, going into a new form of money. What they're really trying to do is through creating trauma through destruction, through some mass distraction, COVID-19 that there will be a way for us, which I don't believe is right now, but they're definitely trying, but there'll be a way for them to fear the global population into going into this authoritarian, tyrannical communist viewpoint of a global central system. But anyway, the global reset currency reset that you're hearing about is actually really important. Um, unfortunately, most Americans are completely unaware or think it's plausible and they're going to be in for a really big surprise when this happens. But what it really is, is, you know, there's a great piece by Allister crook talking about the great decoupling and the great decoupling of not just our hedge of money in the United States, but of the currencies in general. Uh, but China, it really wraps around China. Now, China fears, you know, to some extent if financial iron curtain is coming down on them, obviously the trade Wars and, uh, you know, the whole COVID backlash, but a complete expulsion from the dollars fear is something. I think, you know, some people are saying they're fearing, but I actually think they want that done, but on their terms their time. Well, in fact, you know, soft capital controls are already birthing here in the United States. And Bloomberg has a reporting in the U S that they're now asking colleges and universities to divest from Chinese holdings and their endowment warning schools in a letter, you know, that they're going to get ahead of potentially more erroneous measures on those holdings. Now it's not just the trade itself, but they're putting pressure on people to get away from investing with China. We've already attacked China on their spying with who, why, and you know, other technologies. So this gets really deep into technology, but you've got to remember a Chinese or communist, and they're, they're trying to take down the world and they want to do it without bombs or anything. They just want people to roll over. Um, it seems like there's a big population in our country that want to roll over to that theory, too. Um, but there is a contingency that is fighting in our country is very divided on that. But earlier, uh, you, there was a, uh, fed a toil to form of Fetty economists were speaking. Uh, there was one name Simon Potter, and, uh, you know, they were getting into some of the details, you know, Julia Coronado, uh, both of whom had tremendous impact on thinking that the fed well, they hinted at the feds lasted stimulus and bailout strategy. Now we've been talking about this and the central bank control, and here's the first step they're saying that it is to wire digital money directly in to the Americans accounts. Now people will say, what do you mean Americans accounts? They want to create a smartphone financial app bypassing the baking system entirely. There are two proposed creating a monetary tool. They call kind of a recession insurance bond, just creating something out of thin air is what that is, which draws on some of the advances in digital payments and wired instantly to Americans. Now Potter goes on to explain it. You know, it took Congress too long to get the money to people and it's too clunky. So we needed a separate infrastructure. The fed could buy the bonds quickly without going to the private market. Now think about this. They're talking about buying bonds, but folks, those bonds are fake. They're not buying anything. They're creating something out of thin air and then saying, we are going to then buy them, which they say the intend to pay back, which is a joke because we can't even really do it now, but this is how they're going to play it out. I mean, the prospect of the fed printing digital dollars wire to people's

Speaker 3:

Cash pay apps, okay.

Terry Sacka AAMS:

As a new stimulus mechanism, it goes to a replete with the overtones of the Davos reset formula for moving toward a digital global universal basic income type of thing. Now they've been trying that around the world. It is going to be a failure, especially with countries of our size, but they do want to try to get into a basic income model where people that basically don't have anything going for them. It's age welfare is what it is, but they want to kind of do that globally. It's a way to set that up.

Speaker 3:

I own the system. Now,

Terry Sacka AAMS:

You know, this is a political temptation for, you know, politics, uh, to pay for all sorts of political projects this way, because basically they just can start. Once they go digital, they can create literally money out of thin air, which they're already doing, but that you can do it in a more insidious way. They can do whatever they want. As long as the world is in it together. And somehow they find ways to balance how much one spends over another. But this is only half the revolution. Two other components are already done in coming to tipping points have already been passed. Now, folks think about it. They want you to download an app so they can directly give you money. That doesn't even exist. Now, me, I'm not taking it. I'm not downloading any of, I don't want anything. They already take everything. I don't want anything from them because once you take something from them, they feel like they can tell you what to do. So I don't want it, but this is really dangerous, but this is where it's going, because if they can get us to be so dependent on, Hey, just does download money, like an injection, like a shot right into my bank account digitally. If you can only imagine where that's going, we are free sovereign citizens folks. We are not subjects. And we're getting ready to go into being slaves. Firstly, people can see with the boomer entitlement spending about to soar into the trillions. We have 10,000 retiring just about every day coming off of taxes and going into these social security and other benefits that really don't exist. That the U S government really can't support the debt burden. We're already way out. We have like a hundred trillion to deal with without having the central bank simply printing more money. Secondly, in April, the fed already changed the supplementary leverage ratio to exempt us treasuries from capital ratio requirements, basically meaning that, you know, balancing your book kind of thing. And you'd be amazed how many people are banks wise, financial institutions are buying the U S treasuries and then leveraging them into the markets. But now they don't have to put these on the books. I mean, we are blowing so much smoke in the financial system. It's unbelievable. It's almost like it's magic just out of thin air things up here. There is always a consequence to that. It's folks. There has always been. So try to put all this into some sort of perspective, in order to first Americans have already started down the path towards really nationalizing or centrally managing the economy, kind of like China, which is so dangerous. That's why there's whole COVID sham. I believe was designed to destroy a lot of middle class, a lot of small business, but on purpose the treasury, and while the BlackRock hedge fund, they manage the congressional bailouts and dish distribution on behalf of the treasury. Now make the economic life or death decision for us businesses. Think about that one folks, no more sovereignty, no more freedom from the very big down to the very small that's what's taking place right now during this whole COVID plan. DEMEC now don't get me wrong. The viruses real manmade leashed on the world as a bio weapon, that's my opinion. But the point is it's, it's serious. It had had an insidious plan. This is a great reset. And like most temporary measures, it's likely be here to stay free. Marcus, forget it. They don't exist in America at this point. Now, secondly, the financial war is already underway and China will likely use the financial clearance system and its central bank digital one to circumvent the Swift and the dollar, which means there are steps closer to de pegging from the dollar, which is going to be serious waves through the global financial economy. But apart from the U S and China, Russia, Italy, and Iran, and UK are amongst others that are planning their own, um, kind of like digital currencies. And they're moving in that era. It's an enhanced financial war is what it is because who's going to print a how much, and then what value are the bonds? And then at one point, did someone say you're completely worthless, which most will be, this is going to be moving towards a non or quasi fungible. Digitalize means of payment. That's not good folks. It's bad, bad, bad, because that's how they can control what you say, who you associate with. You'll be amazed. What's going to happen from this. And third, the world again is demanding gold in exchange for us dollars, which happened way back in the thirties. And it's the feds primary dealers. Some of which operate as bullying banks seem unable to comply with that because they can't get the gold. I predict there's going to be a raid on the gold soon. Traditionally, the fed controls the gold market and prevents gold from effectively competing with the U S dollar. But somehow somewhere, this battle is taking place. Someone is battling the us central bank for that control and they're demanding the physical gold and silver be taken, putting the pressure on the system. And in short, the Fed's manipulation process is failing, but the good news is the U S establishment is deeply split. There's a powerful wall street Global's component that support this Davos great reset into digital currencies and then slaving the people. But others in the deep state, including some among the neo-cons would rather die in a ditch, then see the dollar hedge of money lost. So that's the good news because you know, the next day, the great recession we're dealing with now, these basically tend to be Trump supporters and you find those for the digital currency system and the enslavement of the people are typically those on the left, which is interesting. So overall, what I find the most kind of compelling to this, to give you an example of how true this is. Warren Buffett had dropped a very unexpected narrative, not a, you know, he's not known as a Goldbug, but he was shown to have dumped stock and bought gold and gold miners and recently six and a half billion dollar investment into Japanese holding companies, which here's the best part. Folks. Those Japanese holding companies are the largest holding firms in the world for physicals silver. So you've got Japan going for you. So you got Buffett going into gold and physical silver as a hedge against what he perceived a dollar collapsed taking place. Now I say collapse per se, but a tremendous value and tremendous loss. There is a battle going on for the soul of America folks. Unfortunately it seems to be political, even though it's been going on for hundreds of years, you know, since we've really been created, but it is definitely one enslaves and one that is free to create. So I would be looking seriously at getting physical gold and silver before it becomes very difficult. Cornerstone would be a great place to do that, but this is very interesting stuff. I hope it's helped. And God bless. We'll talk again soon.

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