Is there ANYTHING real in the global financial system? Zach Abraham joins. EP 736

The Todd Herman Show

Radio America

News Commentary, Religion & Spirituality, News, Society & Culture

4.8 • 1.5K Ratings

🗓️ 31 March 2023

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

What a week for finance. FigureHead Joe Biden's favorite electric battery company has lost almost its entire stock value as its CEO sounds the alarm about its future. The IRS made a surprise visit to journalist Matt Taibi, as Taibi was testifying about the Twitter Files to the Committee investigating the weaponization of government. Zach Abraham made quite the admission: there is very little daylight between the so-called “Federal” “Reserve” and counterfeiters. He also reminds us that, as a money manager, it’s his duty to play the game we have not the game we should have. In that vein, why does Zach think it would be good for the US in the long-term, while painful in the short-term, if we lost the global reserve currency position? Speaking of that, Zach addressed this FOX News report claiming China and Russia may be conspiring to displace the dollar for global currency and he and I came up with a pretty tidy definition of easy money as Zach made a strong push for all of us to watch this documentary on just that topic.

What does God say?

Proverbs 13:11

11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.

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Transcript

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0:00.0	The financial news is just going to continue to get more fascinating, more intriguing.
0:04.6	Just to put an out this week that Russia will begin using the Chinese Yuan for international
0:11.7	payments instead of the dollar, Saudi Arabia is also in talks with Beijing to do the same
0:17.6	thing.
0:18.6	Speaking of Saudi Arabia, meanwhile, they are in talks with Iran as well to consider an
0:24.8	economic alliance with China and Russia.
0:28.6	They can even be joining the BRIC countries, which is an acronym for these countries
0:32.2	here, Brazil, Russia, India, China, and South Africa.
0:37.0	So if they stop using the dollar, my friend and brother Zach K Abraham, Chief Investments
0:43.7	or Boer at Capital Management has a very unique view on this.
0:47.6	And we'll talk a bit about this today as well as the other vast array of items financial
0:54.7	and societal.
0:56.9	Zach is not just a financial thinker, but his point of view on it's sort of unique.
1:02.6	If we lose the reserve currency status, the swindle that we have to conjure fake money,
1:11.9	Zach thinks it might be a thing that, yeah, it's going to cause a ton of pain and like
1:17.8	a lot of things, the pain will bring prosperity eventually.
1:24.0	So how could that be?
1:25.6	I'll ask Zach to explain that again.
1:28.8	As he joins us in the Todd Herman show, the good help of our friends at Rough Greens dot
1:32.9	com slash Todd.
1:34.6	The Todd Herman show is 100% disapproved by big pharma technocrats in tyrants everywhere.
1:43.4	Now, from the high mountains of free America, here's the Emerald City exile.
	...

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