Reset To Happen Drastically Without Warning; I Fear “Dystopian Future” For Grandkids Warns Insider
“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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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.
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#economy #gold #CliveThompson
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