Forget CBDCs, Your Privacy Is Already Gone, U.S. Headed for China Level Surveillance

“So, to say with the central bank currencies you're going to lose your privacy, you're going to lose a tiny amount of it because 90% of it is gone in the last 10 to 15 years,” says Clem Chambers, CEO of Online Blockchain. He claims that investors are losing privacy and the U.S. Securities and Exchange Commission's recent crackdown on bitcoin is just another way for the government to exert control over its citizens. Citing China as a measuring stick for lack of privacy, he adds that the U.S. is “only several steps away” from matching that level. He also believes that de-dollarization will not be a long-term concern and the U.S. dollar will keep its world reserve currency status. He concludes that as the Federal Reserve tightened, about $4 trillion will flow out of the repo market into equities, potentially pumping up stocks. However, he also expresses his concerns over big companies propping the market up while other companies are still struggling.

#investing #federalreserve #gold #dollar #inflation #jeromepowell

⭐️ Join Daniela Cambone's exclusive community ➡️ https://danielacambone.com

➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe...
➡️ Follow us on Twitter: https://twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_...
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan...

Chapter stamps:
00:00 BlackRock bitcoin ETF
5:27 The future of bitcoin
9:34 FedNow
13:46 The lose of privacy
16:19 Fed and CBDC
18:38 De-dollarization
20:19 Gold
23:05 Bitcoin price
24:39 Equities
27:40 Final thoughts