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Rebel Capitalist News

News: EMERGENCY VIDEO: We Have To Discuss This Immediately

Rebel Capitalist News

George Gammon

Investing, Business

4.71.1K Ratings

🗓️ 25 April 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello fellow Rebel capitals hope you're well never do videos on Saturday, but today I am making an exception because I just saw something in the news that you need to know about immediately.

0:14.0

Before we get into this, I want to encourage everyone to go to rebel capitalists

0:17.8

live.com, get your tickets to rebel capitalists live, ASAP, only about three weeks before the event. We've got speakers like Peter Schiff, Lynn, Alden, Brent Johnson, Jeff Snyder, Mike Maloney, just to name a few. You can check out the entire list. Oh, and the way we've got some VIP guests that I invited that are coming such as Robert Kiyasaki, Steve Van Meter, the uneducated economist, Tracy Schuckart.

0:44.0

So it's not just the speakers that you get

0:47.3

to kind of rub elbows with and talk to.

0:49.2

It's going to be the incredible VIP guests as well. You can see them at rebel capitalists live.com.

0:54.7

All right but let's get into this story guys this is really really important.

1:00.4

We go over to Newsweek title,

1:03.5

Biden raises costs for home buyers with good credit.

1:10.1

Let me repeat that.

1:11.6

Biden raises costs for homebuyers with good credit, not bad credit, good credit to help risky borrowers. You guys have been watching me for a long time. You know, I've

1:27.4

been pounding the table about not just Central Bank digital currencies, but the plumbing, the mechanics, so we can push back

1:37.0

against them effectively.

1:39.0

But I've also talked, I've also been talking about how this gives the central planners and

1:46.5

authoritarians an incredible amount of power. Now most people know about the Orwellian dynamics, the 1984 stuff, the big

1:57.7

brother, the loss of privacy, trying to control what you can and what you can't buy and how much of something you can buy.

2:07.0

But very few people talk about how a, we'll call it a central bank digital currency.

2:12.8

It's really a centralized ledger system and software.

2:15.9

But how this central bank digital currency

2:18.8

would give the central planners the power to individualize monetary policy.

2:26.1

So you guys know from watching my videos that the fundamental, the foundation, I should say, of a CBDC is that your dollars are no longer a liability of the commercial banking system.

2:38.5

They are a liability of the Federal Reserve.

...

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