Introduction
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Carol Roth, New York Times bestselling author of ‘You Will Own Nothing,’ who warns that we are on the brink of a financial world war where financial stakes will shift. She dives into the global elite’s plan to come out on top – the process that threatens to leave us owning nothing and under centralized control. Roth explains what is behind the World Economic Forum’s 2030 agenda and delves into the risks associated with central bank digital currencies (CBDCs). She also highlights the importance of personal ownership and what you can do to fight back. Roth has a free newsletter – https://www.carolroth.com/newsletterSummary
The conversation explores the potential impact of central bank digital currencies (CBDCs) and the agenda for a new financial world order. It discusses the importance of ownership in wealth creation and freedom, as well as the erosion of individual ownership by governments, big tech, and the elite. The World Economic Forum (WEF) and its founder, Klaus Schwab, are examined, highlighting their influence and connections with political leaders and corporations. The conversation also delves into the decline of the US as a superpower and the mismanagement of the dollar, questioning whether it is intentional or a result of incompetence. The conversation explores the role of technology and the potential dangers of central bank digital currencies (CBDCs) in the context of the Great Reset. It emphasizes the importance of individual ownership and control over assets as a means of preserving wealth and freedom. The discussion also touches on the need for a digital Bill of Rights to protect privacy and personal agency. The potential impact of CBDCs on individual freedoms and the erosion of the American dream are highlighted. The conversation concludes with advice on diversifying one’s portfolio and staying informed to navigate the changing financial landscape.
Takeaways
• Central bank digital currencies (CBDCs) and the agenda for a new financial world order are significant topics of discussion.
• Ownership is crucial for wealth creation and freedom, and its erosion by governments, big tech, and the elite is a concern.
• The World Economic Forum (WEF) and its founder, Klaus Schwab, have influence and connections with political leaders and corporations.
• The decline of the US as a superpower and the mismanagement of the dollar raise questions about intentional actions or incompetence. Individual ownership and control over assets are crucial for preserving wealth and freedom.
• The rise of technology and tech titans has led to a shift in power away from governments.
• Central bank digital currencies (CBDCs) pose a threat to individual freedoms and privacy.
• A digital Bill of Rights is needed to protect privacy and personal agency in the digital realm.
• Diversifying one’s portfolio with a mix of assets, including equities, precious metals, and potentially Bitcoin, can help protect against financial uncertainties.
Chapters
00:00 The Impact of CBDCs and the New Financial World Order
06:17 The Importance of Ownership in Wealth Creation and Freedom
28:49 The Decline of the US as a Superpower and the Mismanagement of the Dollar
37:05 The Importance of Individual Ownership and Control
38:29 The Role of Technology and Tech Titans
45:26 The Dangers of Central Bank Digital Currencies
51:24 The Need for a Digital Bill of Rights
55:03 Preserving the American Dream
01:06:09 Diversifying Your Portfolio in a Changing Landscape
“Private property is the guardian of every other right. Property rights are fundamental to wealth creation.”
“If you want to do something that’s just going to completely destroy the foundation of the United States of America, you bring in a central bank digital currency and it’s just completely over.”
“Tech firms and applications are ensuring a lack of ownership with subscription models, making you a lifetime renter.”