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The Todd Herman Show

When the terrorists attack in America, what will the financial impact be to you? Zach Abraham joins Episode 1,192

The Todd Herman Show

Radio America

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

4.81.5K Ratings

🗓️ 3 November 2023

⏱️ 63 minutes

🧾️ Download transcript

Summary

I originally intended to talk with Zach about a story out of Australia, where an economist predicts the country will soon be cashless. We do talk about that, but I asked him a question as we continued our conversation. I have been reading an analysis that there are probably two million terrorists in the US, which I believe will be released in waves of attacks. I ask Zach, if God forbid, these things do happen, is there a way to hedge in advance. And, we return to a theme, because of this digital currency, which is the notion that the best thing we may be able to do for future generations is giving up being the world’s reserve currency.

What does God’s Word say?
Biblical passages on debt
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Transcript

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0:00.0

I had it in mind the talk with Zach about this today and just this.

0:04.0

As ATMs and bank branches close and Australians increasingly rely on digital payments,

0:10.0

one economist predicts the country will be cashless in the next few years, but there are fears

0:15.1

a world without banknotes will lead people unable to pay for essential goods and become

0:20.2

easy targets for cyber criminals. But no one's afraid that the government's going to make it a social credit system because

0:26.7

that's exactly what they're going to do.

0:29.1

So Zach and I do talk about that in this episode, but I got off by asking him early on about the coming

0:36.4

terrorist attacks that are going to happen here.

0:39.6

I say going to happen.

0:41.6

I'm reading an analysis that indicates there's about 2

0:45.8

million terrorists here. Alarmist? Well, it's blessed by a source that I really

0:51.6

trust Michael Yon, it doesn't, they have to be here.

0:57.0

Hamas, the Taliban, they're not stupid. There's a corrupt figurehead in running things who is obsessed with letting people

1:09.1

pour across this border. Of course they're here. Of course they're going to attack. Of course they're here of course they're going to attack of course

1:13.8

they are so I asked Zach not that we want to talk about finances in in lieu of

1:20.0

people's lives but it's a reality they will of course attack and when they do

1:24.5

there will be a financial effect so I asked him how do we hedge? He said that

1:28.7

we do something called buying volatility. I think to some certain extent owning oil and natural resources can

1:34.9

be like owning volatility. Owning things that typically benefit when things go

1:39.9

haywire, right? And there's some nuance to, because you can literally buy volatility and

1:47.0

then, you know, like I said, I see gold as a way of owning volatility. And we, it's just just big day for big topics.

1:55.6

It's our job as this generation to do what we can with America 2.0

...

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