Hello everybody, and thank you for tuning into the Liberty Report.

We have a special guest today, the economist from Birch Gold, Philip Patrick.

He's been with us before, but we will be able to pick his brain, and he will teach us

a little bit more about monetary policy and what's going on in the economy.

He's a world traveler because I understand he's calling in from Spain.

So maybe he'll give us something very special about Spain, but I think he's on a personal

visit over there, so we won't pester him about that, but I want to welcome Philip to the

program.

Thank you so much for having me, it's always Dr. Paul Eats and honor, thank you.

Wonderful.

I want to start off Philip with an announcement, Monday it happened, but I think it just made

it into the news today, because we talk a lot on the program about de-dollarization,

what the bricks are doing, and what's going to happen to the dollar as a reserve standard.

That's a big deal, and some people think, well, everyone's, you know, that there will

be an announcement, and there will be a sudden change, and the dollar will collapse.

Those things are conceivable, but I don't think that's what's going to happen.

I think it's going to be insidious, gradually changing, people getting angry with us, our

bankruptcy affecting us, and they'll start using something that is more convenient, and

there's been a motivation with some countries to try to avoid the dollar, because we get

involved in the financial markets, because if people don't do like we want them to do,

sometimes we just put on sanctions on them, and interfere, and confiscate funds and this

sort of thing.

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