The Future of Money & Finance Part 4: Sound Money & Asset Backed Currency with @godisgov and @kuwlshow pic.twitter.com/tfBboxrh8W
— Scotty Saks (@ScottySaks) July 14, 2026
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The discussion led by Scotty Sacks delves into the intricacies of the Federal Reserve and the broader central banking system, advocating for a return to sound money and asset-backed currency. Sacks critiques the current fiat money system, arguing that it effectively enslaves individuals by controlling their wealth and undermining personal freedoms. He highlights the non-federal nature of the Federal Reserve, which operates without true reserves, and emphasizes that deposits in banks are not truly owned by depositors, as banks utilize these funds for their profit. This system, he argues, has historical roots that date back to ancient times, showcasing a long-standing pattern of monetary enslavement that continues to impact society today.
Sacks draws attention to the inefficiencies and costs associated with modern money transfers, such as those through PayPal and Coinbase, which he believes further illustrate the centralization of control over money. He asserts that this central banking system allows for taxation without representation and mismanagement of public funds, ultimately converting human energy into currency while maintaining control over the fruits of individuals' labor. The speaker references biblical principles, noting that gold and silver, as tangible assets, represent a form of sound money that aligns with divine laws. He argues that the transition towards an asset-backed currency is not only necessary but also a reflection of a broader spiritual truth, as these resources are ultimately created by God.
The conversation also touches on the implications of a sound money system for personal sovereignty and societal structure. Sacks posits that true power and knowledge come from a higher source rather than institutions or individuals, and emphasizes the importance of education in regaining understanding and sovereignty. He discusses the potential for a "reset" in the financial system, suggesting that signs of this transition are evident in the diminishing power of traditional banking institutions and the rise of digital currencies. The speaker envisions a future where peer-to-peer transactions could eliminate the need for banks as intermediaries, thereby reducing scrutiny on large transfers and allowing for a more liquid financial system.
Moreover, Sacks explores the spiritual dimensions of wealth and purpose, asserting that money is merely a tool for fulfilling one's mission in life. He emphasizes that true happiness and fulfillment come from understanding one's identity and purpose, rather than from material wealth alone. The discussion culminates in a vision for a sound money system that promotes transparency and accountability, potentially reducing societal issues such as human trafficking and financial crimes. By aligning financial practices with divine principles, Sacks believes that individuals can reclaim their sovereignty and focus on more meaningful pursuits, ultimately leading to a more abundant and equitable society. The segment concludes with Sacks encouraging listeners to follow him on social media for further insights into these transformative ideas.
Foreign. Good day, friends, Americans, patriots, lend us your ears. We've come to bury the Federal Reserve and the central banking cabal, not to praise them. Welcome to the future of money and Finance. Part four, Sound Money and Asset Backed Currency. I'm your host, Scotty Sacks and joining me of course, for this series, Mr. Jim Pugh from God is Government and Rob Cunningham from the Cool Show. Gentlemen, welcome back. Thanks Scotty. Thank you, Scotty. It's good to see you guys. So this is part four, Sound Money and Asset Backed Currency. And as I looked at the title of today's episode, it's actually got a lot to do with why sovereign radio started.
I was given a microphone to talk about the Federal Reserve banking System. That's why Town Square Radio in Texas in 2020 gave me a mic. They wanted me to explain, the Federal Reserve is not federal, there are no reserves. And on and on we will talk about some of that. But they didn't know the pandemic was coming. And then I'd shift gears pretty quickly on them, start talking about the pandemic and the jab. But so that was the starting point. And in order to understand sound money in asset backed currency, you have to first consider the system we've been living in at least since 1913.
And that's the Federal Reserve banking system. And as I said, in the open, we know we're here to bury that system and start anew. So let's go take a look at the fiat money system. Jim, I'll go to you first. Have we been enslaved by the Federal Reserve central banking system? Sure. I mean, anybody that controls your wealth in a manner by which is you have no control over the asset itself is an enslavement process. And from the time that the retail banking was put in place through the Federal Reserve, they made sure that every deposit that you were to put in the banks would not be your money upon deposit, it would be theirs.
And at any point in time they could actually take that money by contract that you signed in your account opening form and remove it from your account. You gave them permission to do that when you set up your bank account and you gave them the permission to utilize your funds to enhance their profits in whatever manner that they saw of benefit to them. In moving your funds from one your bank account to a source of payment to whomever you were paying, they, they could use it for three days. You could do a wire transfer, an international transfer, and it could take up to 10 days, 11 days before the money ever got there.
And in that process, they were making money on your money, which basically is another form of enslavement. That's the reason why the Clarity act is so important to actually get into the public viewing today is because what is going on in that is they're removing the ability of, of having the principal bank be the benefactor of profits on your deposit, whether or not being crypto or metals or whatever. And so we've been enslaved way well before 1913. You can go all the way back to biblical days and you'll find that every ruler that took over an empire instilled his, his currency or her currency as the currency of the people.
And in doing so, they set the value upon that currency as well. So from, from the first moment in Egypt with the Israelites going into that arena to build the nation, they were enslaved because they were utilizing Pharaoh's currency. So we've been enslaved for a very, very long time indeed. Interesting. You touched upon use of money for three days. I'll give people real world examples. PayPal, Coinbase and an ACH wire. All three of those tools have held my money for days on end when I trying to transfer it. PayPal will take your money and it's, it's in their bank account, but they won't pay it out for days.
Coinbase, the same thing. Easy to get money into Coinbase, but in the fiat money system, it's a little harder to get it out of there. And of course, ACH wires, you've got to pay a fee for them not to sit on the money, if that ain't the craziest thing. I pay a $25 fee for an international wire. I have a vendor in Colombia, graphic artists that I pay and I have got to pay 25 fee to get that wire to the person within 24 hours. Or they can sit on the money. Rob, they've been sitting on our money.
Jim just pointed out for a very long time, why do we need to get out? But beside the enslavement, there are other reasons. If there, if that's not enough, the enslavement. Give us the three most devastating things about a fiat central banking system. Well, at the highest of high levels, I mean, money makes the world go round. Okay? They can centralize it, control it, mute it, put their boot on it, define every term associated with it, issue every regulated permission from it, then all of our life and liberty and permissions and freedoms to function in this world are regulated permissions instead of from God.
So if they have central banks and central reservoirs and they can do Taxation without representation. They can steal our money and, you know, have the CIA handed over to 55,000 NGOs and we can't see what they're doing with it. How is that freedom? And so the system is set up in a way where the only soundness is we agree to let them do whatever the hell they want to do and we keep our mouth shut. That's their system in essence, because they've engineered, no clarity, they've engineered tyranny. They've engineered the way to convert our human energy, our currency, which is it requires human energy to generate the currency, to do the fruits of our labor, and yet they get to control all of our fruits of our labor because they control that materialized form of human energy in the form of monetary currency.
Right? So they don't, I mean, you can see it collapsing in every form you can. Trump is an energy president. But it's not just the black crude from the ground. It's the energy that comes from every soul, right? It's the energy that comes from every business, from every creation. Who gets to control that, God or man? And they've set up a system from, as Jim said, you know, from the, from Pharaoh to the, to the Roman Empire. I mean, Jesus confronted the centralization of capturing money in order to control and steal and pervert and divide and deceive and destroy mankind.
And the money system is key to all of that. Indeed. And you can't look at the money system, fiat money versus sound money, without getting into the spiritual aspects of money. And Haggai 2 verses 8. Scripturally, the gold and silver are mine, said the Lord, and we are moving into an asset backed currency, Jim. And it is part of that spiritual war that you and I talked about a couple years ago in a series. Is it not moving from a Satanic system to a. Is it fair to say we're moving from a satanic system in fiat money to a godlike system with sound money and asset backed currency? Yes and no.
Let me see if I can explain this in a manner by which the audience will get it. Everything in this world except our soul is managed by Lucifer. So therefore you're going from a Luciferic 100 system to a less luciferic fraction controlled system with all of the bells and whistles to provide security over you, the people in control over you, your funds. But the system is, that is being orchestrated and developed will be the precursor to the system that Revelation talks about at the end times. So you can't say that you're going to go from A Luciferic system to a God based system because God deals with the heart, not the world.
And Lucifer is the prince of the power of the air, the God of this world. So everything that has been created and put in place provides the people with sovereign control. Now and we talked a little bit earlier about coming on air about you can't have sovereignty unless you understand the truth. And when you understand the truth, sovereignty is a byproduct of that truth because sovereignty can only be given by God himself. And in doing so we have to understand that the system is a tool, is just a tool that the assets that back the system are on baga.
So God is going to use the system in order to migrate the people through an event, giving them control over their funds assets. But the, the system that's being created is going to be used as the foundation of the end time economic system that John talks about from the visions that Christ gave. Christ, Christ angel gave to him in the book of Revelation. Now the assets, the assets are not just gold and silver. All of the assets of this world has been given by God in his creation. So everything that is, is below and above ground came from God.
Every seed God gave, right, told you right, that in Genesis all the oil and all the minerals and all of the, the metals that are in the ground were given by God in abundance. And those assets, Scotty, as you and I talked about some time ago, they never go away. You asked in one of our previous sessions about Google and they're going around looking at and measuring in ground assets and, and you know, I, I, I, I told you back then, and I reiterated it in our, in our last session, that the reason why they measured it is because they're constant.
If you use them, they're replenished, they never go away. So you're getting a constant matrix as, as Rob puts it, a measurement. You're getting a constant measurement that you can set the world on a projection base on a one to one fairness because the assets that they have in ground will be the assets tomorrow will be the assets the next day and the next day and the next day, regardless of their usage. So it becomes a constant economical framework by understanding that when you use God's asset, you're in a fair state. Balance of trade. I think you walked into our next topic of discussion and we'll come back to go down the rabbit hole of the assets specifically that are going to back the sound money system.
But Rob, from 10,000ft, what makes a sound money system sound? What is it? Is it the Assets themselves. Are there other elements of a sound money system beside these in ground assets? We're going to talk about more in a minute. Well, it's a great question. I mean, let's go back to where did the, where did the term sound money originate? It came from the idea that if you dropped gold or silver, it would make a sound when it hit the table. It was, it was real, it was tangible. Sound money meant physical asset that could be measured an equal weight and an equal measure.
Okay. And so, as Jim rightly put it out, a Luciferian world or a demonic world that does not want to be held accountable, that wants to be the God, the end all, be all source of truth, does not want accountability, does not want accurate measure, does not want the the truth of abundance to be known the world over, that our sovereign essence is of God. We're made in the image and likeness of the infinite, all powerful God. And if we start doing accurate measuring through this science or this law called math, then absolute perfect mathematical measurements and accountability put the lie to the liar that runs this world, the Luciferian system.
So they have to scramble the noodle, change the name, lie, divert, divide, deceive, destroy, confuse. The father of deception has to keep us from the clarity of measurement, the clarity of soundness. What is an ounce of silver was how much gold goes into a unit of account. So we can have a medium of exchange between me and you, or me and a Brazilian, or me and a Japanese person, or me and anyone. Where is the fairness? And what law says 1 equals 1, 2 equals 2, 4 equals 4. And how do we hold one another accountable unless we have the soundness of mathematical perfection, the soundness of honest weights and measures, that is the key.
I mean, we were, as Jim said before anything ever started in this universe, it was all mapped out in God's divine mind from beginning to end, author to finisher. Okay? And the omniscient means omni science. God created the laws and math is one of those laws. If we honor the, the law of math, then we can have an honest sound system, whether it's digital, whether it's on a ledger, or whether it's gold and silver in my pocket. If we have sound accounting, we have sound measurements, we have sound ledgering, we have sound settlement, we have sound currency that is related in a one to one basis, like a stable coin issues a digital token, but there's auditing to make certain that there's a one to one soundness in the relationship between the assets on this earth and the units that are on display.
If we honor and respect that, then soundness is soundness. Even though the stable coin doesn't make a noise when it hits the table, but it's still sound. You know, Rob, that is a golden nugget. What a simple explanation of of sound money. If I take a Ben Franklin Fiat hundred dollar bill and drop it on the table, you won't hear any sound. If I take gold and silver and drop it on the table, you will hear a sound. I love that. That's a golden nugget. By the way, when we're done with the nine part series guys, we will have an editor go through and pull out these golden nuggets.
So we'll make sure that one gets in the highlight reel. Rob, that is a real golden nugget that when you drop money on a table, there's a sound. When you drop gold and silver on a table, any, any physical money other than a fiat bill, there'll be no sound. I love it. Let's go back, Jim, and do a little deeper dive on these in ground assets. For those that are new to sovereign radio or just picking up this conversation. We've had conversations before. In 2009, college buddies over beer got together and we're talking about what they were working on.
And one of my college buddies at the table was working for Google Earth said he was working on studying the in ground assets of 200. Is it 207 or 209 sovereign countries, Jim? I don't know the number. Well you can in, in the treaties it's called 209 but so yeah, he, and he used that number. He said I'm looking at the in ground assets measuring the assets underneath the Earth. Google Earth has been commissioned to look at underneath the earth and measure the assets of 209 countries. And I said in 2009, being as naive as any as as anybody can be, why would that be? Why would that what of what interest are the in ground assets? And he was so compartmentalized in his work, he said, I have no clue.
Fast forward. Many years later, Jim, you and I had this conversation and you clearly explained why in ground assets are so important for Google Earth to start measuring them all the way back to 2009, long before we move to a sound money system. So let's talk about those assets. Jim, you mentioned metals. You mentioned God's in ground assets are replenished. So would that mean a country like Colombia could use coffee beans to value currency and that South Africa can use diamonds? Is that a fair statement? Sure, sure. Timber. The, the timber industries can use the value of, of timber land as part of that.
Anything that God created at the time of creation that is used, the key here is used used in life. Your minerals, your, your, your trace minerals, your, your minerals needed for chip design, your rare earth minerals, your gold, your silver, your oil, your gas, your diamonds, your carbon, your coal, all of that stuff, God gave that to humanity to use. And what did he tell humanity? As you use them, they're in abundance. So therefore when you use them, I'm going to replace them. There's no scarcity. God's not a God of scarcity. He gave, he gave humanity all of the blessings, all of the blessings in heaven.
Ephesians 1:3. And those blessings are assets that he gave to us to use in life. And all of those have a value set on them. And that value set is consistent throughout time. Now that, that doesn't mean that a dollar at Egypt time is worth a dollar today. Okay? But over the course of that, when governments get together and decide what is going to be the measurement tool, what is the mathematical formula that they're going to measure and value set every one of those assets, Then they create a fair and balanced trade plan platform to allow consistent weights and measures.
As Rob puts clearly put sets forth in a number of ways to your audience, ways of measuring the, the assets in the cons in a consistent, auditable and fair way. And that it's all assets. It's not just gold and silver. Rob, you take all the assets that Jim kind of listed, from coal to coffee beans in ground metals, palladium, nicker, nickel, copper, and you roll those up into a mathematical, you to me are the, the king of mathematics in, in this whole equation of a sound money system. Do you know the mathematic equation that may have been used for the measuring these in ground assets? I assume there is an equation.
Is that a correct statement? Sure. I mean it just what, whoever the power is to be decide what's in inbounds and out of bounds, what's, what's counted and not countable. You know, I mean the, the basic, generally understood qualitative number today is probably $4,000,000,000 of value in the world. You look at land and real estate and oil, natural gas, gold, silver, stocks, bonds, currencies, you know, buildings, architecture, resources the world over. Our system doesn't count for quadrillion. They want to tell us there's a tiny little small piece of the pie and our GDP and their GDP and it's the scarcity versus the Abundance.
There's so much abundance. I mean, think about it. We've been looking for thousands of years. How many ounces of gold and silver have left this earth? None. They don't get displayed. We're just stewards along the way. We don't take anything with us. But these systems decide what's in bounds and out of bounds and scarcity and how much is too much and not enough. And the regulators, the priest class, the gatekeepers, want to be the ones defining what's inbounds and out of bounds. And therein lies the crux of the entire issue. Human, godlike entities that want to tell us and regulate us and partition us and divide us and conquer us by our own ignorance.
I was chuckling every time I heard Jim say, you know, when you read the. The quantum law book, it says words like all, last time I checked, that's 100% omni omnipotent. Where does all power come from? Where does omniscience, all science come from? Omnipresence. What makes my heart beat, what makes my lungs inflate in and out. What makes me have the ability to have righteousness or at least align with my essence. It ain't a priest, it ain't a gatekeeper, it ain't a governor, it ain't a politician, it ain't a banker. So why you mentioned it too, Scotty? This guy working for Google was so partitioned, he had no earthly idea why he was trying to scan the world for all the resources around the world.
Well, the bankers knew what they needed. They had. They had a mission. The fact that they had a useful idiot that was completely unaware of and totally siloed and just following orders, I mean, isn't that kind of a perfect analogy of all of us? We kind of don't really. In fairness to that useful idiot, he was making six figures in 2009. So you can't. Right. You can't blame him. No, that's his. That's his 30 bits of silver. Yeah, I mean, we. The 30 bits number changes quite a bit. So yeah, Obama. Obama's 30 bits of silver was a little bit more than his, but it was still a demonic 30 bits of silver, wasn't it? Rob, one of the first words I heard you use in describing a sound money system was immutable.
And frankly, the first time I heard you say that, it had to be. The first time I read something of yours on X. You used the word often. Something that is unchanging, unalterable, or unable to be changed. It typically describes Concepts, laws or data that are fixed over time and are not susceptible to variation. So we're back to the in ground assets, Jim, that are unchanging, can't be altered. They are in fact immutable. And we're back to your, one of your lanes, Jim, which is God in scripture. This is all biblical, is it not? Sure, sure.
Basically you quoted Hosea, said, said that gold and silver are my currency. Okay, well he also, he also in Genesis says, I planted every seed for your benefit. Okay? So if I gave you the seed, that seed is, he produced it in such a way that it is reproducible. Since the beginning of creation, we've altered those seeds in order to genetic modify our food so that they have once again control over our livelihoods and our health. But if we stuck to the original plan, all assets are for the benefit of mankind, to use in their humanity of life, and they never run out.
So we're, we're into a situation and the reason why we started this series, I think, is because we knew that education was at the root cause of exactly where people needed to get and that education had to be from a truth formula that would then provide them as an offspring their sovereignty. We'll never get to our end game. Humanity will never get to their end game unless they get into the scripture and understand what the scripture is telling them. As Rob said, it doesn't say I give you 60% of all, it says, I have given you all the blessings that are in the heavens.
Ephesians 1:3. Oh, now that's 100%. The issue becomes how do you live your life in order to manifest those blessings? Because manifestation is a process of getting those blessings. It's faith. It's faith in action. That's absolutely right. So if you don't understand that part of what the scripture says is, I've given you this, you have this storehouse of everything, but you have to manifest that storehouse into your life through your faith based walking in the relationship with Jesus Christ as it is in heaven, so as it is on the earth. So if we don't understand that everything that we have on this earth first came into being by God's creation, and then he grants us those blessings and he portions those blessings out to all of us based upon our faithful walk with Christ, we don't understand that it is us as human beings, it is us that is God's currency.
And in that process of understanding that and knowing that, you can walk more closer to Jesus Christ. And in doing so you have better manifest you have faster and better manifestations of the blessings that he already gave you. That's where your wealth is in this kingdom of heaven that we live here on earth. You know, one of the things that is so encouraging to me about in ground assets is we move from scarcity to abundance. And a sound money system is abundant, isn't it, Rob? Well, it absolutely is. And I want to piggyback on the last question that it God spoke.
The Creator created. Who among us has the power to mute God's speech? That's what immutable really means, Scotty. We either have an awareness of what is true, what our essence is, what our capacity is. We either know that Christ Jesus, who told us, don't call me great, these things I've done, you can do and even greater things because we have the same Father. He spoke the same truths into me as he's speaking into you. Your ignorance doesn't change or mute the power and promises of God. It just means we're destroyed by our lack of knowledge. So we can humble ourselves and pray ceaselessly and align ourselves with truth and seek with all our heart, mind, soul and strength what those spoken truths are.
The reality is. Or we can lean on our own understanding, listen to the regulators, do what we're told by the textbooks and what society says is a normal trust in tradition and a behavior pattern. And if you steer away from the behavior pattern as we've defined it, then we're going to have to discipline you back into our system. I mean that, that's really the head game that we all have to figure out. How do we live in this world, but not of its rules, lies, standards and perversions. How do we live as a deployed asset of God instead of just a foot soldier of a bunch of idiots? There's one word that defines all that and it's called discernment.
Yeah, and you don't. You can't create your own discernment. Scripture tells you that discernment is only given to you through the Holy Spirit. So, so you have to come to the understanding that you're a create creation of God. God is your creator and he wants a relationship with you. With you. And it's in that relationship where the truth comes out. Because He's He. He turns you, he turns your mind off from understanding the truth until you come to him, seeking him and understanding him who he is. You know, our whole purpose in this life according to Scripture, is to know who Christ is.
That's it. Because. And everything else comes from that knowing him, you Gain knowledge, you gain wisdom, you gain. You gain discernment, you gain blessings. All blessings flow. All blessings flow. The whole basis of this is to get to an understanding that we're not of this world at all, okay? We're living in this world because of our. Because of a sinful, fallen state. But this would not have existed unless sin crept in at the Garden of Eden with Adam. And that's a whole other rabbit hole to go down. But the baseline of this is a knowledge set of understanding who we are by understanding who Christ is.
All three of us, on a regular basis, if not a daily basis, in some cases, have conversations with people about the reset, and it's usually with people that have a more scarce mindset versus an abundant mindset, who don't believe there's a reset coming, who don't understand the reset, which is why we're doing this. Rob, what are the signs you write about this daily? What are the signs all around us that we're moving into the sound money system? Because they're everywhere. Look around. What are those signs we're seeing in the public domain of a abundant sound money system happening? Well, I think the sirens, the, the, the horns, the flashing red lights, you see, the squeaky wheel gets the grease.
At least it gets the attention. You can see how many institutions the world over are getting gored because they're losing their power. When we move from dark to light, the dark forces begin to howl and scream. Is the whole vampire movie analogy right? They can't withstand the light of exposure, of truth, of fairness, of, you know, rules for me and not for thee, but lack of a level playing field. The more and more we begin to, to level things out and try to introduce the idea of abundance and a one set of rules, laws and standards for all.
You're seeing hatred, vitriol, division, caustic condescension. You, the, the evidence of who has been running this world presents itself in so many forms that if you're looking for it, it's obvious. And unfortunately, some people who live in fear, we were told 365 times, fear not. Yet those that want to scare you in stopping your discernment, stopping your seeking, stopping your desire to want to seek truth because they're going to beat you, jail you, threaten you, shoot you, call you a name, deplatform you, you know, take your money away, whatever. This world by us, just breathing and opening our eyes is evidence that it does not want to accept truth, soundness, accountability, God's ways, God's honest weights and measures.
And it'll just about do anything to include eliminating half of us or more to keep its system functional. It's you shall know them by their fruit. And if it's rotted fruit and poisonous fruit and caustic fruit and deadly fruit, I mean we're. Jim, I'd love to hear your idea of how those with discernment can see the, the separating of the wheat and the chaff all around us. You can see the spirit of the fruit of people that want this change and this betterment of humanity and this whole new civilizational architecture to manifest itself for a better civilization and those that would rather kill us all than let it happen.
Yeah, I mean the whole condition about understanding your, this tongue, God given rights, everybody wants those rights, but nobody wants to to have a relationship by the one who gives them to you. Everybody way and then put forward. So you know, when the scripture says you're gonna, you'll know them by their fruits, you've quoted that. But you'll also know them by their energy that they put forth in everyday life, which is the central effort of God's currency. Currency is nothing more than energy. Right? Okay. A tool is a, is what you set value on to measure that currency.
And so when you look to the Holy Spirit to discern on your behalf, which is the only way it can happen, that that process is an energy transformation into your system of feelings, emotions, knowledge, all of that stuff. And that is, that's what you're going to get to in, in seeing, seeing the, the right factions of people getting this, this process. They're finally becoming awakened to the fact that there is something different in this world and that's how they're going to begin to apply it. I want to throw out three signs that I've seen in July of moving away from a fiat system.
President Trump has repeatedly said in July that America will be the crypto capital of the world. That's a big clue to me. Scott Besant has said there'll be no central bank digital currency. And I'm watching bank branches close in California where I lived the past 20 years before coming to Mexico. Bank of America closing a number of branches and Chase bank removing their bank sign. In putting up the word client, Chase Client Services in front of a, a key location. They took down the Chase bank sign and put up a Chase Client Services sign. Wells Fargo.
I saw a post yesterday, some guy in Ohio went to his Wells Fargo to visit his bank teller and it was closed permanently and the police were there investigating. Interesting, huh? These banks are Going to take on a different role. And I want to touch upon that Jim, In a sound money system with asset backed currency, there becomes less and less need for an intermediary bank. Right? Sure. I mean you don't need a retail bank to go deposit your money into because basically the system is programmed in such a way that is all money is digitized making it easier for you to manage your funds.
And there's no central banking system required to have a reserve on hand for you to go get your money out of the bank. Okay. You could actually take from the new system and, and through an ATM and the system itself will give you whatever you want from your bank account. There's no, there's no reason to control it any longer. You're now in 100 control. So the retail banking effort now there is going to be lending, there's going to be client services, lending investment services, money management services, trusts, you know, estate plan, all that good stuff. Those, those financial institutions will go more into client services than they are.
What we have come to know banking as a retail bank, now that's also another area of education because the majority of people in this world don't even know about that other half of the bank services. All they know is you drive through the drive up window, you give them a check or give them cash, it goes into your account, it shows up on a ledger called a bank statement and you can go use a card or go to the ATM and do it. The majority of people only see banks that way. Well that's not the bank of the future and that's going to be a problem.
It'll be a frustration for many people until they get an understanding is to really what is this new system all about? It's interesting. Car dealerships all have an F and I finance and insurance office. And once you buy the car you go see the F and I guy. And I see the banks becoming a derivative of the F and I departments. At car dealerships they're going to seek other products and services they can sell us beside being an intermediary with our money. And the next couple episodes are about the blockchain and tokenization and crypto. So looking ahead we can talk about the transparency and the blockchain being open source.
But Rob, as we move in to a sound money system, one of the characteristics of that money system is, is clarity, transparency and open source isn't is. It is. I mean how about the. I want to paint a mental picture and this is it down the rabbit hole of education and value and Creation. And as Jim so beautifully said, you know, our energy is currency and currency is us. You know, it's what we put forth in the world. And, and the amount of supply is constant. It's always there, as God says, it's always going to be replenished.
We're not using it up so we don't have scarcity. Think about this as a concept. What if the entire world could be measured and valued? All the assets, we'll call it 4 quintillion or whatever. And there was all of this asset base and on top of it was, let's say a ledger. And there was no such thing as deposits and withdrawals. There was only transfers. I can transfer the money from me to Scotty, to Jim, to the banker, to the landscaper, to the doctor. But if all of the assets in the world were accounted for on one ledger and nothing ever left the ledger, it just transferred from point to point to point to point to person to person across the ledger, how do you tax that? How do you tax something that's never withdrawn from the system but only transferred from node to node to node to node? Now the idea of a withdrawal, a taxable event and a short term and long term capital gain because you're banking yours and then we got to count you.
As Jim said, we have to voluntarily sign a 1040 to narc on ourselves and give them permission to offer audit the way we audit ourselves. And if they don't like the way we audited ourselves because we signed a 1040, then they get to finance or penalize us or put us in prison or take our stuff because our accounting didn't meet their standards of, you know, of U.S. accounting. Sorry about that guys. So the I, the idea of banking things in an illiquid pool instead of the flow of currency like river, look at a water, if you look at a stream and a river, it flows in nature, everything flows.
It if it's still and it just becomes a non moving pond, it becomes death. I mean it just becomes, there's, there's no life in something that doesn't move. So I just find it fascinating to do that mental exercise to realize if all the wealth and abundance is here and it's always going to be replied replenished and all we're doing is being stewards and resourcing those abundant assets. The act of transferring God's assets from person to person to entity to entity, the world over in seconds, that doesn't need an intermediary, what then gives them the prediction, the permission to regulate Our behavior based on how we decide to steward and share God's resources with one another, it kind of changes the whole equation.
Well said. The, the peer to peer is really cool to me that we'll be able to pay on a peer to peer basis without a bank intermediary to the point where I want to pay Rob Cunningham x amount above $10,000 peer to peer, there's no questions asked, transfers from my wallet to your wallet. Right. Whereas I wire you in the fiat system. I guarantee you today a bank is likely to hold up a wire over ten grand and investigate it. They actually, they'll start with the presumption that you're guilty and doing something wrong and you're guilty until they clear you.
I wired a woman who was being paid as an actress $12,500 last month and she didn't get the wire I paid for the same day paid that 25 fee. She didn't get it. Turned out the bank was investigating when I called them. Well, you've never transacted with this person before. And I said the fact is it's over ten grand in your. Your what? You just said, rob, I'm guilty of something, right? I gotta be guilty of something from sending somebody that kind of money. And they actually asked me 20 questions about who she was, why I was sending her the money.
That all goes away in a peer to peer sound money system, doesn't it? Yes, it does, it does. And but again, we do need to get those laws on the books so that it's not just truth in the spiritual realm, but it's something that must be enforceable even in this physical fallen world. The laws have to become closer to alignment with law instead of legal fictions made up by any jackass. Amen. Amen. Well, Jim has dropped off as we wrap this up. He exited stage left, so I don't know if he plans to come back. But Rob, I'll give you the last word Today on episode four, Sound Money and Asset Backed Currency.
How do you want to wrap this up and highlight this segment? Well, I think it's so important for us to balance and understand that we can have all the money in the world, but if we're not anchored and moored to who we are, our essence and our identity, all the money in the world doesn't provide happiness. We've got to know who we are and whose we are, what that purpose of money is, what it's that it's nothing but a tool for our purpose, our mission. I mean, one of my best Mentors in the world has told me, look, think of it this way.
The ultimate colonizer. The ultimate colonizer is God. He colonized earth for us to cultivate a heavenly culture by his laws and standards and his way, his principles. And if we don't get that part right, that we're here to garden this Eden by His design and standards and laws and rules, with his resources, then we're led astray. And it's not. Money is a derivative of the identity of who we are. As Jim so brilliantly said that it is just a resource with honest weights and measures that should apply to all of God's seeds. The one other thing I wanted to say is, you know, the book also talks about the single most valuable asset on from God's viewpoint is his children.
And as parents, we get to steward God's most singular, greatest seed children, you know, and if we're not honoring and loving God's most precious commodity, if you will, creation, the seed of life and bringing our children up the right way, then that it doesn't matter what your bank account is, doesn't matter if money's sound or not sound, doesn't matter what the quantum, you know, the QFS looks like or what tariffs and treaties are signed. If we're not honoring the single most precious seed that springs forth life so that we can keep this process going, then we're missing the plot.
You know, that's a good lead into our next episode. About the blockchain. Episode 5 will be about the blockchain. And as to our most precious asset, the children, it's actually impacted by the blockchain in that money derived from things like human trafficking of children and the stewardship of children in an evil way will be much more difficult in a sound money system with a blockchain, it'll be a lot harder to move that money into the system and, and launder it and move it around from bank to bank. Jim, I want to close with you on a note.
You said something? I made a mental note earlier. One of those golden nuggets, Lesser Luciferian system that's guaranteed. However we look at a sound money system with asset backed currency, it's guaranteed to be lesser Luciferian, isn't it? Yes. Can you hear me? Yep, we sure do. Okay, because the, the video is locked up again. So I'll just talk. Yeah, I mean the whole, the whole thing is, is this world. This world is. Yeah. He's probably having bandwidth issues. I relate to that for sure. Being here in Mexico without, without Starlink, Internet bandwidth is a problem these days in a lot of areas.
But you know what I love? I love that it's the first time I've heard that phrase lesser Luciferian, Luciferian system. But think about it, Scotty. If we can get the 80 pound backpack off the shoulders of the average person, if we can get a little bit less anxiety, a little bit more freedom to pause, think, ask better questions, not have so much stress and turmoil on the treadmill of life, having to work two and three and four jobs and thinking that you're one broken arm or one medical bill away from bankruptcy. As this lesser Luciferian system begins to lose its grip on our desire to want to ask more important questions, more meaningful questions, not just what's my next cool car going to be? Or how much of a bigger house can I afford? Those aren't the questions we're talking about.
It's okay. How do we get here? How do we not get into it again? Why am I here? What's my purpose? What's this whole thing about? If we can get less financial pressure where we can breathe, pause, seek and surround ourselves with maybe a higher quality of people that are looking for something more than just a couple more zeros on their bank account, I mean, isn't that, I mean that's. To me, that's everything. Yeah. You know, it's interesting conversations we have with people about Trump and he's part of the cabal. He's been captured by Israel, he's owned by Qatar.
I was on a spaces the other day where the host was making the case that Trump has sold out to Qatar. And give me five minutes and I can prove with receipts to people that Trump has not sold out to the Rothschild central banking system, full stop. He has not sold out. But one thing I think we can agree on, even with people that don't see this new system, is that it is lesser Luciferian. By the very nature of a sound money asset backed system, it is indeed lesser Luciferian. So I think that's a great way to close.
Rob, tell our audience where they can find your work, please. Sure. K U W L Show is my website. All my properties are linked there or you know, cool show on X. That's where I spend a great amount of my time writing and opining and posting my research. So thank you for having me, Scotty. Yeah, it's great to, to do this series with you. I'm looking forward to the next episode. Again, the next episode we're going to talk about the blockchain. Jim Pugh can be found@godisgovernment.com and on social media. God is Government is on X and Instagram and all the social media.
You can find us@sovereverradio.com follow me on X, please. I'm trying to rebuild the X account that they took away. Shadow banned 50% of my followers overnight. They were gone, up in smoke. So follow me on x@scottysaxon24 7 sovereignradio.com for Jim Pugh got his government. Rob Cool. The Cool show. I'm Scotty Sacks for the future of money and finance. We'll see you in the next episode. Over and out. Thanks, Rob. Thank you.
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