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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