Ed Dowd, Market analyst: Approaching the end of the global monetary system - what to do?

http://DemoCast.TV Ed Dowd at World War III: The Early Years conference in L.A. April'23. Key Points: Section Overview: Mr. Dowd discusses key points about the current state of the global monetary system and potential changes that may occur.Show more

# Signs of Economic Cycle Ending

- M2 money supply growth has gone negative for the first time since 1930, which has historically led to financial panics and banking system failures.
- Federal reverse repos at two and a half trillion are sucking money out of private entities that usually lend.
- The dollar is going up while oil and commodities are also increasing, indicating anomalies in the financial system.

# Predictions for Future Economic Recession

- Finance Technologies predicts a recession similar to the Savings and Loan crisis, potentially leading to a depression if it becomes systemic.
- Recent bank failures such as Silicon Valley Bank, Silver Lake Bank, Signature Bank, and Credit Suisse indicate something is going on in the financial system that could lead to more problems.

# Potential Changes Coming

- Change is coming to the global monetary system, potentially through something like a CBDC (central bank digital currency).
- More war talk and potential actual wars may occur over the next five years due to control issues with this new system.

# Central Banking System as a War System

- The central banking system based on debt fiat currency is a war system because it requires inflation or deflationary forces that can lead to societal pressures causing wars.

# Recommendations for Retirement Accounts

- Inflation is coming down, so deflation means financial assets will go lower; people should go to cash equivalents like treasury bills and wait for the storm to pass before buying at lower prices.

# Thoughts on Gold
Gold is not a bad long-term investment, but it will likely go down with other commodities. The end of the dollar system is overhyped, so gold may not be the best investment option.

# Adversaries Trying to Damage the US Economy

Section Overview: In this section, the speaker talks about how there are adversaries trying to damage the US economy. He mentions that China and the World Economic Forum are among these adversaries.
Adversaries Trying to Introduce New Systems of Control

The Chinese Communist Party and the World Economic Forum are trying to introduce new systems of control.
These people are psychopaths in his mind.
They tell us we're alone, but that's a joke.

China Looking to Hurt Petro Dollar

China is looking to hurt the Petro dollar and change it to the Petro Juan.
However, this is unlikely as the system is so ingrained in the dollar at this point.

Concerns About Social Control Through Digital Currency

Social control through digital currency is a technocrat bureaucrat's dream.
It allows for controlling transactions from end-to-end and moving people where you want them through carrots and sticks.
This takes away free will, which goes against freedom and liberty.

Corruption in Different Countries

Section Overview: In this section, the speaker talks about corruption in different countries. He compares corruption levels between China, Russia, and the US.
Corruption Levels in Different Countries

The US is nowhere near as corrupt as China or Russia.
No one trusts China or Russia because of their high levels of corruption.

Concerns About Social Control Through Digital Currency

Section Overview: In this section, the speaker continues discussing social control through digital currency. He talks about how it can be used for societal control and takes away free will.
Technocrats' Dream: Controlling Transactions End-to-end

Social control through digital currency allows for controlling transactions from end-to-end.
This can be used for societal control by moving people where you want them through carrots and sticks.
This takes away free will, which goes against freedom and liberty.

15-minute Cities and Climate Change

Section Overview: In this section, the speaker talks about the concept of 15-minute cities and how climate change is being used for control.
Insanity of 15-minute Cities

The concept of 15-minute cities is insanity.
It locks people into a small radius and takes away their freedom to drive or shop beyond it.
Human beings are being treated as carbon footprints that need to be squashed.

Climate Change Used for Control

The climate change issue has been hijacked by control freaks.
They use it as an excuse to control people's decisions by claiming they are carbon footprints that need to be squashed.

Powers in the People

Section Overview: In this section, the speaker talks about what people can do when they disagree with government policies.
Leaving California as a Solution

If people disagree with California's policies, they can leave the state.
Voting with your feet is a way to show disagreement with government policies.
There will always be competing systems.