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Summary

The episode delves into the contrasting frameworks of the Federal Reserve Money System and a proposed Sound Money System, highlighting the implications of each for individual financial autonomy and national sovereignty. Established through the Federal Reserve Act of 1913, the Federal Reserve gained control over money printing, distancing it from the U.S. Treasury. This system allows banks to rehypothecate assets, essentially lending the same dollar multiple times, and operates without backing by tangible assets. Critics argue that this creates a fractional banking system that primarily benefits financial elites while leaving the general public in a state of debt dependency, often described as "debt slavery."

The discussion emphasizes the historical context of the Federal Reserve's establishment, which involved extensive planning and political maneuvering dating back to the late 19th century. The central banking system has since expanded its influence globally, with few nations managing to maintain independence from it. The episode posits that the current financial structure is designed to favor bankers over citizens, relying heavily on taxation rather than traditional economic principles. The Vatican Bank and the City of London are identified as pivotal players in this hierarchy, further complicating the relationship between national sovereignty and global finance.

In contrast, a Sound Money System is proposed, one that would eliminate central banks as intermediaries and facilitate direct transactions between individuals. This system would be anchored in asset-backed currencies, such as gold and silver, and would utilize a decentralized ledger for transactions, enhancing transparency and reducing friction. The vision includes a transition from a one-world reserve currency to a unified open ledger system that allows for peer-to-peer trading without bank interference. This approach aims to restore financial control to individuals and promote a more equitable distribution of wealth, while also addressing issues like money laundering through enhanced identification and transaction monitoring.

The speaker also touches on the broader implications of this financial reset, including the need for personal responsibility and education in financial stewardship. They draw historical parallels to underscore the importance of understanding one's rights and relationship with God, suggesting that true sovereignty comes from recognizing these inalienable rights rather than relying on government structures. The episode concludes with a discussion on the anticipated transition to the new financial system, forecasting challenges but also significant opportunities for individuals to reclaim control over their financial futures. The potential establishment of a U.S. sovereign wealth fund is highlighted, projecting immense value that could benefit citizens directly, further emphasizing the necessity of moving towards a sound money paradigm.

Transcript

Foreign. Patriots, lend me your ears. Welcome to part two of our nine part series, the Future of Money and Finance. I'm your host, Scotty Saxon. Joining me to present you our nine part series are the two smartest guys I know on the subject matter. That's why they're here. Mr. Jim Pugh from Goddess Government. Mr. Rob Cunningham from the Cool show. Welcome Jim and Rob, good to see you. Thanks Scotty. Good to be here Scotty. Thank you. Gentlemen, today in part two entitled the Federal Reserve Money System versus Sound Money System, you guys are going to present information that likely makes this episode one of the most important episodes, if not the most important episode on our nine pirate series.

Now why do I say this? Because today we're going to explain the financial system that we've been living under since the Federal Reserve act of 1913. It's a system that we know gives total control over the printing of money to the Federal Reserve, not the US Treasury. It allows the bankers to rehypothecate assets and money loaning the same dollar many times over. And it's based on a US dollar that's backed by, well, absolutely nothing. Now contrast that with the other side of the coin pun was intended a sound money system. The new financial system we are being transitioned to, I believe at this very moment, a sound money system is based on asset backed currency money backed by real in ground God given assets like gold and silver.

A system with no central banks as middlemen, allowing us to transact business between each other directly without a bank intermediary. And ostensibly a system with open source everything in which money cannot be laundered, cannot be hidden or maybe most importantly, money can't be printed out of thin air. So Jim, I'm going to come to you first, give us an overview of the Federal Reserve System. Now I read the book the Creature of Jekyll Island. It's probably the seminal writing on the Federal Reserve System. It was over 500 pages. The WHO, what, when, where and how on the Federal Reserve.

Now you have the task of calling that down to a few minutes, sir. So the floor is yours. Well, Federal Reserve System came, came into being well before 1913. It was actually put in motion around 1878 and it was, it was the culmination of many, many years of planning as to how that the central bank, the Cabal Rothschild, could actually take back the United States financial system. And they did this as a process of Bretton woods, as you talked about the Federal Reserve System. And they voted upon it and found out that they were having problems in getting it passed Congress.

So they did what they normally do, they executed people that were going against it. And we can talk about that at some later date. But the Titanic, it was part of that process. And so they, they actually were able to install that, get Congress to pass it and became a central bank system inside the United States. And they gained control then of all of the bank's lending systems and control over their depository sources. And in doing so, that gave them total control over not only the United States but also the rest of the world. There's only a few countries over time that did not or have not or kicked out the central bank system within their countries.

So basically the whole world is set in motion to allow, to allow the central bankers to actually control their financial transactions. Once they control their financial transactions, they controlled the methodology about how money is generated in the banking system, which is called liquidity. And in that process they were able to then set up in motion that which you can actually, you have to use in order to obtain access to additional money to support budgets of every country. And in doing so, they just actually took over control of the countries. And Jim, I want you to explain rehypothecation, because that's an important aspect of the Federal Reserve System.

They take a dollar an asset and lend it many times over, don't they? It's called fractional banking system. In essence, because they had total control over the mechanism of not only banks but deposits and lending, they could actually determine reserve status on the amount of cash that banks had to have inside their vaults in order to satisfy withdrawals by their depositors. And then all of the money excess of that every night was transferred into what's called an overnight window at the Federal Reserve. And again in the fractional system, if the bank did not have enough money to cover that overnight window deposit, they had the ability to borrow and the interest rate ON that was 12% a day.

And in that process, then the central banks could actually loan out that money many, many times because they satisfied that with this, the what they call bankers banks, or there are nine bankers banks in the United States that what they call bankers banks. It's the actual Federal Reserve depository banks that support the local banks. They were able to take that and lend out multiple times over to the public, and not only to the public, but to corporations and banks themselves. So in essence, if banks were short on their nightly deposit, they could actually borrow from the central reserve and pay them 12% interest night.

And the elites were able to get into that by taking High their excess cash and get into that process as an investment to make a really significant return. So basically hypothecation is the just the ability for a group of people to control the ability to fractionalize the value of a dollar and be able to lend it in multiple directions without any collateral. You know one of the questions I get most with sovereign radio is who, who are these people? Who are these bankers running the system? And you know, we can throw names around, Rothschild, Rockefeller, JP Morgan, Pacers of France, Warburg's of Germany.

But I'd like to cover their in hierarchy structure. At the top of the global structure you've got the bank of International Sentiments and the World Bank. Underneath them you have JP Morgan Chase, Wells Fargo, bank of America and then underneath them you have the local banks. And, and Jim, would you say this is a system built for the bankers to win or the people to win? Is it a win win or is this entirely a system built around the bankers? Take taking us to the cleaners if I may add. Well, I had a conversation this week with a group of people that says they really don't understand the economics model of the world system.

And I'm saying it's really not a model about economics, it's a model about taxation. Because everything that the financial system does is to figure out ways to get your money. And that's the whole system. It's not something that's predicated on supply versus demand like you're taught in school for economics. It's predicated on how much money that this decentralized group of people can get from the citizens of the world. But I want to go back and correct a little bit about your hierarchy. The hierarchy starts with two groups of people. It starts with the Vatican bank and the City of London.

Those two groups of people determine determine how this structure is going to be. And so over a course of time the City of London being the head of, the head of all Federal Reserve Banks put in motion a Federal Reserve bank system within every country. And underneath that Federal Reserve System they have transaction processors. The bank of International Settlement is just a transaction processor for international transaction one country to another. Then they have below that the central banks inside the country. That is a transaction processor for people inside the country, corporations inside the country. That's not doing international transactions to have the same type of process inside the country.

And those banks that do that are what you would call J.P. morgan, Wells Fargo, bank of America, so forth and so on in the United States. So the hierarchy is pretty built around the type of transaction that we would use. And then they built a system to facilitate not only that transaction, but the control of that transaction, the timing of that transaction, the taxation on that transaction and all that stuff. And they strip off that amount of money inside those transactional systems and send it back to what we have been told as a Federal Reserve System when in actuality the bank that it goes to is the Vatican Bank.

All of the United States tax dollars go to the Vatican Bay. So yeah, so that's this, that's the structure associated with that today. I'm glad you corrected me because we've talked many times about the three legged stool, the Vatican, the bankers of London and the US Military as the, you know, as the global enforcer. Jim, there are like 196 supposed sovereign nations that have a central bank and the Federal Reserve Banking system are the central banks of other countries too. People don't understand that the Federal Reserve it's called in the US is a central banking system that's global, right? Yeah.

The Federal Reserve is, is a name that was chosen for the United States because this, the term central banking system was poo poo on in Congress. So they had to rename it in order to get the, the Congress's bill passed. So just the nomenclature that they use put sour grapes on the ability to pass that bill. So they went in and in a facade way and changed central bank to Federal Reserve so that the people would, would, would understand that basically it was tied to, supposedly tied to the federal government. Federal government had control over it.

That was the facade and the fact that basically then the, this constituent supporting the Congressman to pass this bill would go, would go along with it because they, they did not want another central bank system in this country because it was dechartered. But the Federal Reserve was just a name that they put on it like a ribbon wrapped in, wrapped in another box. And that's how they got this thing passed through Congress. Yeah, great. Neuro linguistic programming. There's nothing federal about the Federal Reserve. It's a private bank and there are no reserves. So it was very clever wordsmithing on their part for sure.

Wrapping the Federal Reserve system up. Jim, I want to talk a little bit about the mindset of the global leaders we believe are allied against the central banking system. We know Donald Trump is not for the globalist Federal Reserve central banking system. Vladimir Putin did get rid of the Rothschild Federal Reserve. Well, I don't know how long ago did Russia get rid of the central bank of Russia? I don't know. The Exact year, but I know it's been more than 10 years. Okay, we know President Xi of China would like to be the dictator that he wants to be, and he can't do that.

He's under the control of the central bank of China, isn't he? Well, yeah, but yet China has the same construct as the United States. It's got a shadow government called the ccp. And there's two factions of the government in China, like they were, like there are two factions in the United States. The CCP is one and then the, the People's Party is the other. But the CCP has the upper hand in regard to the control of the financial system and all the military and so forth. So while Xi Jinping is part of the ccp, he has to be because he's the leader of the total country, but he's controlled by the ccp.

And what he's doing is just like what Trump is doing is removing that deep state operation to allow the people to take back control of China. So, so when you, when you look at China, it's, it's almost mirror image of the United States with, as regards to a functionality of a system, but different nomenclatures, different names, different, different operational requirements associated with each country. So yeah, Xi Jinping wants the central bank system out of the way, but the only way they're going to be able to do that is to go head to head with the ccp, which is what they've been doing for a few years.

Yeah. Jim, over 10 years ago, you and another gentleman had told us that Trump, Xi Jinping and Vladimir Putin were allied to get rid of the central banks. And that was a very exciting premise and now we can see that playing out. The enemy of my enemies, my friend, and those guys are allied to get rid of the central bank. So Rob, I'm going to turn to you. Let's get into the sound money system, if you will. I want to characterize it. Anyone who follows sovereign radio or goddess government and your cool show knows with certainty the sound money system we're heading toward in practice gives the power and control back to the people.

Explain that sound money system, is it in fact a system instead of being God awful? It's a system that's very godlike, it's very God respecting and that it's built on the principles of agency, jurisdiction, honest weights and measures, sovereign control over our personal property. If you understand the, you know, the Constitution is, we recognize and we declared all of our rights are inalienable and they flow from God, not from Bankers, we're to self govern with honest weights and measures and mutual consent. So there's an alignment to those values and principles in a distributed ledger technology system.

Meaning. Think I was having a conversation with someone yesterday, trying to explain and maybe I just corrected their. The articulation of the words that they were using is if people could understand, we're moving from a one world reserve currency to a one open ledger that explains everything. What that means is we can have think of it as the ledger as ice skating. We can all go ice skate like crazy. We can go and all over the place. The banks are the benches outside the ice skating rink. But inside the rink, person to person, point to point, I can trade, you can trade, machines can trade with each other.

As long as you and I agree we can swap things of value, real world assets, stable coins and money all across that Internet, that infrastructure. This is an open source, public domain infrastructure that allows people to interoperate with mutual consent among one another on a system built for honest weights and measures, instantaneous settlement and truth, without narratives coming at us from bankers, without thieves putting their hands in the pie, taking 5% of every transaction every time we swap and trade back and forth. And there's a, there are people that are supposed to take an oath to uphold the integrity of the system.

And even if they don't, even if they break their oath in 10 minute chunks of time, everything that ever actually happened from a transfer is ledgered on hundreds of computers around the world that can never be edited or changed. So the system itself provides a level of truth and veracity. And if the institution saying one thing and the ledger saying something else, guess who wins? The ledger, not the institution. The data is the data, the record is the record, the truth is the truth. And in three to five seconds, money is transferred, it's moved, it's messaged, it's, it's settled, it's ledgered, it's closed, the transaction's done.

That's what's cutting out 60 to 80% of what they call friction out of the system. It's a system of trustlessness. It runs on math, which is a science God gave us. We run the mathematical computations, we ledger them on a computer block in 10 minute increments and we store those perfectly ledgered records forever. So now when the liar tries to lie about who owns what and when and who took what, whose title and whose property is X, Y and Z, it's on the record that they can't, they don't control, they can't hide and they can't edit.

So now we have a system that is godly in its design nature because it's attempting to uphold the laws and principles of the lawgiver, not the rules and the BS of the Rothschilds. And rob that system, the cornerstone is asset backed currency like gold and silver and other in ground assets. Some countries don't have an abundance of gold and silver. They've got other in ground assets that they can use to value currency. That's why I called it godlike. It is a yes. Let me just, let me just jump in, Scotty. Now people need to put all these different buckets of value.

What is real world value? A dollar is a real world value. A piece of car title is a real world value. My medical records is a real world. A contract to perform a set of services is a real world value. That could be tradable. Right. I mean there's all kinds of things. Everything that goes across the blockchain does not have to be gold backed is what I'm saying is right. Royalty to a music stream. Right. 10 ownership of Sovereign Radio that those fox and could be or sovereign radio could create its own set of stable coins.

Then they have to go and buy 93 or you know, fewer day treasuries to back that stable coin. The definition of stablecoin has to be adhered to by Scotty just like it does the bank of Scotland. Right. Because a stable coin is a stable coin and. But that can then be transferred wallet to wallet. So when I want to just make sure the audience understands when we're talking about gold back and silver back currencies and a coinage act, we're talking about national sovereign currencies that need to be substantiated with asset backing. But there's a lot more stuff that's going to fly over this Internet of value than just currencies.

Great point, Great point. In the open. I stated, Rob, that in open source, blockchain, open source, everything that you can't hide money or launder money in the new system. Is that a fair statement? It is. But a lot of times I find that people will, they will take it one step too far. Yes, it's open source and yes, it will be public from a standpoint of the recording, but it's still going to respect privacy. Open source doesn't mean your house is made of glass and every neighbor that drives by can see you naked in the shower.

It doesn't mean everybody needs to know my business or your business. But in the event there's a crime or there's a dispute, or we need to check the record or the, you know, we believe there's foul play involved. There is a record, but there's ways in which you can have permissioned access. Merrell doesn't need to know bank of America's customers and bank of America customers doesn't need to know Wells Fargo's customers. That information's got to be secured, but it's accepted, accessible, it has to be documented. Because if every transaction takes place, if we want to have the idea of trustlessness, there has to be one standard of accountability and verifiable truth.

And it can't be China's truth and Korea's truth and America's truth and Germany's truth. If we're going to get rid of a one an ngo, one world reserve central banking system and distribute this to a people's ledger, a unified ledger, where a single record of truth can be derived from all the different blockchains and all the different nations. That's what this is called. What we are solving right now is, is we're solving for the Triffin Dilemma, which was one of the biggest critics of the Bretton woods central bank system right after World War II was that there's an inherent conflict that cannot be resolved.

If you make one nation's currency, the world reserve currency, then you require that nation, America, to supply the whole world with that world reserve currency. Which means you put them in a state of constant overproduction, constant debt. You're supplying the whole world with that currency and it leads to where we are now, $40 trillion in debt. And a dollar that's now won't buy 3 cents of what it used to buy in 1971 when we came off the gold standard. So the Triffin Dilemma pointed out that if you're going to run a debt based Ponzi scheme out of one nation a eventually that nation's gonna fall.

That positive scheme is going to end and distributed ledger technology and blockchain. This, this new ledgering system of asset backed monetary infrastructure is the replacement for what is already dead and gone. This Federal Reserve Ponzi scheme. Folks may not know it because they haven't seen it on CNN or they haven't gotten the press release. We're insolvent. It's done. We've moved on. We have moved on. We just haven't made the press release yet. Jim, you and I had a conversation. God, it was probably a couple years ago. It was pretty exciting to me. We talked about dark money, let's say Drug money, human trafficking money and all the money that's been spent on fraud, as we've seen with Doge.

And I think you made the point back then that it'd be a lot harder to move that money around in the new system. Is that still the case? Oh, sure. There's, there's the identification of who has bank accounts is the first level of control. You still have to excuse me. We're still going to go through a process that we have come to understand as kyc, know your customer and in order to open the account that that process is going to be controlled by the military arm that is over, that's got control of the total system. That's the first level of security.

And then within that, those, those individuals that participate in illegal activities, which they know who they are, will not be able to open accounts. That's the first level of control. And then those who, who have accounts and come into wanting to do those types of fraudulent or illegal transactions, there's checks and balances inside the ledger system that will sort those, the types of transactions out, what they're for and so forth, and will flag certain things to be reviewed. And the one thing that this system that Rob is talking about will be able to do is any illegal transaction that comes through the system and is identified will be able to be clawed back to a position where that transaction is no longer valid.

It's actually void. And the thing that in regulation that supports that is illegal activities are basically funds that can be confiscated by the state. In other words, the government or in this case the military could claw back all of that, those funds and it goes into the Treasury Department for funding of transactions related to the government, for confiscation of illegal, illegal use in, in the fiat currency. That's done, but it's done a different way. Basic but in actuality the system will provide the edits and the conditions by which to actually control the illicit activities, illegal activities.

Those, those things that you're talking about which will, will not take place. Now we can always say it's going, something's going to happen. Yes, something's going to happen, but system is going to prevent the majority of those things. Again, doesn't that think about how beautifully that dovetails with the Marbury vs Madison fraud? Vitiate everything right there. Again, it's perfect alignment with constitutional common law moral wall if you're fraudulent and then that money could actually be put in the sovereign wealth fund. Yeah, it's gonna get basically, basically I think, and I haven't got the the final look at the bill.

But it's going to go back to the people. Everything that happens in the country is going to go back to the people. So if, if people are found to have illicit illegal activities, it's going to go into a sovereign wealth fund or a humanitarian fund to support certain things, but it's going to go back to the benefit of we the people, not we the government. Seems to be a lot of upside to this new system and we're moving from one that really inherently has created a slavery system. People think we're sovereign and free because we can come and go and travel and you know, do a lot of things without permission.

But we're in a, in a debt slavery system. And this system, Rob, seems to be peer to peer, no intermediary with a lot of other benefits. Is there any downside to a sound money system? Is there anything you can find in it that some caveats to this thing? Well, yeah, I mean there's an ignorance gap. My people are destroyed for their lack of knowledge. What this is going to do is put the responsibility back on our shoulders to be stewards. We're going to have to learn how to be financially wise, steward the resources that are available to us, not worship them.

Right. This is, we're going to have to recalibrate the whole idea of you can't serve two masters. Money and wealth, you know, is a blessing that we can use for good, but it's nothing to be used for. You know, it can also be used by lust, by lack of control, by thinking that accumulation and power and title and ego and pride, you can fuel all those things. If you don't have your, your priorities in order. So if you're misaligned mind and you have the responsibility of managing your own family's wealth and your kids wealth and your, your grandkids wealth and you don't know what you're doing, you're going to perpetuate a legacy of ignorance.

So it's almost as if it's akin to, you know, when the, the Jews were freed from captivity out of Egypt. They didn't know how to, they didn't know what to do, they didn't know how to self govern. You know, they were free but they weren't found. They didn't have that internal governance system. So that, that's going to be, I think it's, it's the knowledge and the education and the stewardship piece that's going to come along with it because everybody likes to talk about I want my rights, you don't see anybody out there protesting the signs saying where are my responsibilities? We don't get the, we don't get the pro responsibility marches and burning down buildings because we don't have enough responsibility.

What I'm hearing you say, Rob, is there's a learning curve. There's a lot of ignorance currently about this new system and it's going to be a learning curve that may take some time. And I'm also hearing you say this sound money system can't mitigate greed. If people are greedy. That's not going to change because the, the system has changed. So, Gosh, we're already 30 minutes in, guys. I want to talk about two more things. I apologize having technical problems with my background. We've got many people online, on the Internet pontificating about the timing of this new system.

And it seems to me many of these gurus have called the reset a thousand times over. It's happening this weekend, it's happening next week. Let's get real about the timing. Nobody knows the date and there probably is not a date, Jim. There's not a date on a calendar, right? This is a, a very, it's a moving target, very dynamic. The dynamics of the situation, situation and the response by the central bankers who are fighting the, the, the shift of power and control. What is the reality on the timing, Jim, because of all these factors? Well, there is a date on a calendar, but that date is a fluid date and it's based upon events.

And as this 5D chess board is played and as they move forward in completion of tasks, that date becomes more real. So. But there is a target date. I mean, you can't have a plan that's just a fluid plan that has a never ending process to it. So there is a target date that they want to have all of this done, but that date is a little fluid and it's based upon the completion of events leading up to that date and all of the things necessary for every country to gain their sovereignty. We need to realize that basically not one country in this world owned the land that they claim to be their country.

And if you don't have the land, you don't have the sovereignty. Why? Because you don't have the assets. You might have assets and depository sources in the back bank, but the assets that really predicate the underlying foundation of this system are what we call in ground assets. And if you don't have the territorial rights over the land, you don't have the legal process to claim those assets. So every country has to go through that process of claiming their sovereign rights. And in claiming their sovereign rights, they have to go through a process of settlement with the original owners of that land who still have the ownership of that land that may be under a secondary slavery system.

Much like the Native American Indians in the United States, the indigenous population, as we sometimes call it, basically had the ability of owning all of the territorial rights to all of the land and it was taken away from them as Europe conquered that territory. And Europe claimed the land rights. And so that's the first thing that has to happen. And in many cases, that's the underlying driven theme of the timing. You just saw last week, yeah, you just saw last week that Arizona had to give up 45,000 acres to the Native American population. And that's just the process.

That's a process of settlement going back in time to actually have them by contract to turn over their sovereign rights to the land. D title ability, legal ownership to a government called the United States. Well, every country's got that. Every country out there has got that. Australia has it, China has it, and it goes back to biblical time. Those. And that's the reason why, why everybody is said, even Q says, this is going to be a biblical process because everything's got to get reset in biblical terms to, to the original owner. And original owner by scripture has to turn over the rights to that, to a government over that land for the people.

And one of the big processes in that is the Native Americans being the elders. Okay, all right, you got to think of that too. The elders who have control over the custodialship of all assets. We're not going to give those rights to any set government until they knew that the set government was going to be for we the people are not we the government. That is the process that we've had to go through for years before we. I mean, implementing a system is one thing that's a technological activity, creating the environment so the system can be used.

That's a whole different scenario. And that's the process that we, that this world has gone through for, oh, let's say right now about 20 years and positioning, negotiating, structuring, getting everything worked out so that we could actually, from a world's position, become a sovereign world. Then it goes back to the right everybody wants to quote. I have God given rights. Well, if you've got God given rights, who's going to, who gave you those rights? God did. Well, if God gave you those rights, why are you not looking to God to fulfill the rights he gave you? Instead of looking at yourself or mankind, we're dealing in this process of knowledge based transfer.

None of us worldwide are going to have any sovereignty because we don't own sovereignty. Who owns sovereignty? The guy who gave you your rights. The law giver. And, and if you, if you don't understand your relationship with God, you're not going to be sovereign. You're just going to be part of this world in a, in a little control piece that because you don't have the relationship of sovereign entity with the, with the God that created you, God that gave you the rights, God that protects you, all that stuff. As Rothschild said, just give them their money and within five to seven years they're going to be exactly where they were when they got it.

Why? Because they don't understand sovereignty. It goes back to the point we made last time on Education. We have to educate people. The difference between God's system and Lucifer's system, because that's the two systems we're operating in right now. Well, that's what we're doing here with this series. Hopefully, you know, you sparked the thought. Not too long ago I saw an MSNBC panel and they were laughing at MAGA because MAGA believed the rights came from God, not the government. This panel truly believed, I don't believe they were just paid to say this. They inherently believe this panel, that our rights come from government.

It was really quite a telling segment on MSNBC about where their heads are at. I want to go back to the land, Jim, because it's so important. Without the land you don't have the in ground assets. And we've talked about this before. I know, but it's worth bringing up here. It's so important. In 2009 I had a friend working for Google Earth that was studying in ground assets. He didn't know why. He was compartmentalized. We didn't know why. Nobody could even guess why back then. This was 2009. And he's going to work every day looking at the in ground assets of 209 sovereign nations supposedly.

And we know today what that was all about. That was a study to determine what assets every country had as a basis for valuing currency. Wouldn't it be the purpose, Jim? Yeah, no, that's, that's exactly what happened. And what's important to note is we talked about that, I think over a year ago on, on another podcast that we did is that when God gave us the assets in ground, he said that they were abundant and there were, there was no lacking. What does that Mean that means that the assets in the ground when measured, has been constant since creating creation.

If they have been used, they've been replenished. There's no lack of oil reserves, there's no lack of gas reserves there. No, there's no lack of gold. Gold, silver, platinum. All of these things that we have come to value were given to us to use. And God himself says, as you use them, I replenish them. So the reason why they studied this, while they didn't know what they were really doing doing, what they were doing was measuring God's asset base from foundational elements in at creation. Because those assets never go away as you use them to replenish them.

So why is that important? Because when you, when you establish the baseline of the assets, understanding that they are not going to replenish, what happens is, is you now have a consistent valuation set for worldwide currency that never changes, never changes because the assets are already going to replace. So once valued is always valued. And that's what they were doing because every country's value is based upon the assets within their area, their control area of the in ground asset that God provided them. That's the reason why you have some countries that are more wealthy than others.

But, and the condition of that was once they established the value set. And the other thing I want to go back is to what Rob said last time about weights and measure. All the values were set at the same value. So as you measure China, as you marry, as you measured United Kingdom, as you measured Russia, as you measured the United States. Gold was valued at gold worldwide. Silver was valued silver worldwide. Oil was, was valued as oil worldwide. It was all consistent. Why? Because that's the only way you can get fair and balanced trade. All right? You have to have the same denominator associated with the value set to have fair and balanced trade.

That's, that's the reason why we were not, we're not going to have to provide liquidity to the banks any longer under the old system because now everything is valued based upon that. And it's, that is reason why when, when the guys at Google did this and I sort of chuckled when you told me that many years ago, I said, yep. I said, here's the reason why. And we went through. It's the value of assets. The assets never change, so they never get deposited, replenished, and it's a consistent value for life here on earth throughout time. Yeah, how cool is it that Colombia can use coffee and South Africa can use its diamonds and every country can use Its in ground assets and resources.

Let's close out guys. Talk about what kind of landing is when this system kicks in. Is the plane going to crash? Are we going to have a crash landing with the old system falling down and the new system come in? We're going to have a soft landing, we're going to have a bumpy landing. Rob, I'll go to you first. How do you see the plane landing in the new system? Well, I think it's going to be brilliant. It's going to be biblical in a positive way. I think the idea we're going to kill and I think to piggyback off of what Jim said is this concept of skill scarcity, that's just a manufactured false concept to get.

It's all about control. That's what the banking is about is that yes, it's about taxation but it's also more about that with taxation you get control over humanity. You get control and regulate and tell people what they can and can't do and scare the crap out of them and extract their wealth from them and pat them on the head when they're good boys and girls. Because you promise him a little bit and we give you our rights and next thing you know we'll give away all our rights and if they stop giving us what they promised, which they do all the time, there's no place for us to go and get our rights back because we gave them all away.

We surrendered them all under the false precept of scarcity. When you tell a libtard or somebody that's that's not awake that the second most abundant resource on earth is oil after water, second only to water. They'll look at you like oh no, no global warming sign, global sign, we're all burning up, we're killing the planet. They don't have any idea what the idea of true abundance is. And so when we get that reset we ought to be, every country ought to be able to have a twenty dollar bill or five dollar bill or ten dollar bill and, and they can say China on it or Argentina, America, that's great.

But a 20 equals a 20 equals a 20 equals a20 wherever you go if we're using equal weights and measures, right? So the thing that we just have to make sure that countries don't do is your 20 can't really equal 6 because you keep debasing the currency or you keep printing so much currency into circulation and you front run the actual reserves you have in your land. Now you're debasing that number 20. That's a dishonest representation of the assets that you have in your country. So what does that mean? If, if our country's 10 times bigger than Argentina, we can have a 10 time bigger supply of currency, but it's still a one to one relationship, assets to currency.

So if everybody will be held to account of, of honesty than the distribution of the currency, that happens in all the 195, 196 nations. It's honest weights and measures and currencies in every land. And then if I've got 17 currencies in my pocket with 17 $10 bills, they ought to spend the same way in theory, you know, and I think it's going to be. We have so much wealth. I did a calculation yesterday because I saw Scott Bessette standing by President Trump. They signed another executive order about sovereign wealth fund. And President Trump asked him to speak and he said, yeah, he spoke for one minute.

He said, we are within the next 12 months going to stand up and have operational sovereign wealth fund where we're going to monetize the assets of the United States. Rob, what I think you just said is when the plane lands were moving from abundance, from scarcity to abundance rather, and that therefore it's going to be a pretty smooth landing. Jim, let me, let me real quick, Scotty, I just want to make this point to the readers. I'm sorry to interrupt, but this is, I want you people to think about how smooth this can potentially be. So everyone has to ask themselves after the President signs this order and Scott, besides that says we're going to monetize the assets of the balance sheet.

Well, how big are the assets of the balance sheet? Right. So I did an exercise. It's between 300 and $500 trillion in a sovereign wealth fund. So if you tokenize an asset that, and then you adopt the best practices of all the other nations that have been running sovereign wealth funds and you put like a 5% number, I mean $500 trillion or $300 trillion, it comes out to between 60 and $80,000 a year for every adult 18 years or older in the United States, just based on monetizing the assets of the United States of America. If we've gone through that kind of alloidal title process that Jim was referencing earlier, we have to get the title to the land first.

If in order to claim on our balance sheet the oil, the gold, the rare earth minerals, the natural resources, we can't monetize things that we don't have lawful title to so that allodial title process that's taking place in all 195 countries. We gotta get that straight first for the system to do what the system was designed to do. I think it's gonna be, we are going to have so much abundance and there's going to, we're going to solve the scarcity issues and then we're going to have to get to work and figuring out who we are and whose we are and getting acquainted with God.

So none of what you describe is possible under a Federal Reserve banking system. Can only happen through a sound money system. But Jim, what do you say to people whose assets are in a 401k tied to the system, stock market and cash in a bank? How are those people going to fare in the fiat that are stuck in the fiat money system and that's where their assets are. Will this landing be a crash landing for them? Well, it's gonna, it's going to be a, it's going to be a devaluation on the stock and but their cash is going to be one to one.

Let me try to explain that. Our whole system, as I indicated when we started this is based upon how they can gain more money from you out of your pocket. And the way that they do that is they inflate all assets. Look at your, look at the home that you have. Why does your property value go up every year more than inflation? Because that's the base of the tax and that's how they gain more wealth from you. So there is going to be an adjustment to asset values and it's going to be, it's going to be a basis of some point in time in history to remove the inflation from the value of the assets.

That has to happen because in an asset backed system you have no inflation and you can't start with inflation because your asset values are not correctly stated. So there's going to be a devaluation. Now how they go through that, hopefully based upon how they have structured the new system, that's going to be not a crash landing. But it's going to get bumpy. Okay, it's going to get bumpy along the way because a lot of people don't understand. And so therefore your 401k and your retirement funds that are in, that are in the market are going to have a hit to the overall value based upon the fact of a, of a repricing of the asset value of the stock in the market which is going to hit your 401k or whatever we have.

We've tried for years to get people to understand that, to pull their cat, their high cash value out of the system and move it into metals at the lower price because metals will increase over the time. So number one, we've tried to facilitate the protection of people's 401k value in moving it into metals and have it, have it increased. Do you realize that over, over the last 10 years that metals have outpaced the market and its value increase? So we've tried, we've tried to educate people on that. Now as it relates to cash in the bank, when the shift takes place in country, every country in country is going to be a one for one exchange.

Nobody is going to lose cash in this reset. Everybody's going to get a value set. $1 will equal $1 in the new system. So there's really not going to be a hit for individuals to have cash in the bank. And what's already happened is all of the bank accounts underneath the new system has already been mirrored. It's, it's a match. So as you move in what we understand to continue to be the fiat system today, so does your mirrored account in the Quantum financial system, the financial portal, so, so does it move there. So when the cutover for the banking side is going to be relative simple, going to be a very, very smooth landing associated with that, but it's going to be bumpy for individuals because it is a change in the, in the way that the banking system is going to operate.

They have to go back to understanding they have the individuals have 100 control over their bank. And that's going to be difficult because I take a check, give it to the bank, I deposit the bank and then I go back tomorrow and I want my money out. Okay, so somebody is doing that management control for you. But now that shifts to every individual which is going to be what I think is the bumpy ride. And it's all predicated on what knowledge base do you have on how you manage your own personal assets. It was real good to see the Department of War post Q for Quantum Financial.

Quantum everything actually is what we're moving to. And yeah, the, the, the Q movement attacked by mainstream media. 3, 600 negative articles, videos and pieces were done attacking the Q Movement. And here the Department of War is posting about Q. I don't see any coincidences. We're out of time guys. So Rob, where do our listeners find your work? Well Scotty, thank you for having us again, brother. Cool show on there. I'll have all the links to all my different properties. Excellent, Jim. Yeah, you can get get me on goddessgovernment.com which is the main website associated with the ministry and the educational side of the change in the reset system.

And you can catch my my ministries, Bible studies and podcasts on any anywhere you get your podcast. I'm out on 38 platforms, so anywhere you get your podcast, you can find me. Well, guys, thanks. This will be posted on sovereignradio.com early next week. That does it for part two of money and Finance, the Future of Money and Finance. We'll be back next week for part three. Guys, thanks. Really appreciate your time. Scotty Sachs, over and out.
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