Ed Dowd: Banking Failures and Market Crash Will Lead to Reset, CBDCs, and Bitcoin as a Freedom Tool

Ойын-сауық

In this episode with Ed Dowd, we discuss:
- The current state of the economy and whether a bust is looming
- What would a 30-50% stock crash look like and could money printing 'save it'
- Bank consolidations: Ed predicts failures of many regional banks and a few Too Big to Fail Banks emerging at the top
- How will a CBDC work?
- What is MMT?
- Is Bitcoin the solution to the broken financial system?
- Are leaders malicious or incompetent? Why the divide of red vs blue?
- Why Ed sees a lot of hope
Bio:
Edward Dowd is currently a founding partner with Phinance Technologies a global macro alternative investment firm. He has worked on Wall Street most of his career spanning both credit markets and equity markets. Some of the firms he worked for include HSBC, Donaldson Lufkin & Jenrette, Independence Investments, and most notably at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. After BlackRock, he founded OceanSquare Asset Management with two former BlackRock colleagues.
Follow Ed on X at x.com/DowdEdward
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🗒️ IN THIS EPISODE:
00:00 Working at BlackRock
3:23 Making money close to the printing press
4:40 Macroeconomic picture
8:34 Bitdeer Technologies Group
9:33 Why is 2024 different?
12:04 "How the sausage is made" viral video
13:55 Modern Monetary Theory (MMT)
15:31 Who profits from a CBDC?
17:02 Transitioning to CBDC
18:18 How does a CBDC work?
20:43 "Bitcoin is here to stay"
21:55 Can the US Dollar be saved?
24:17 Bitcoin 2024
24:45 Speed Bitcoin Lightning Wallet
25:06 Coinkite Coldcard Wallet
25:27 The Bitcoin Way
26:01 Politics is about dividing classes
30:06 "Period of austerity is coming"
32:49 Chances of a great depression
34:59 What gives Ed hope?
38:10 Advice for young people
40:15 Believing in Bitcoin
41:37 "We can no longer be the savior of the world."
46:16 Fountain App
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Producer: Aron Bender / aron-bender
DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #crypto #money

Пікірлер: 937

  • @nataliebrunell
    @nataliebrunell26 күн бұрын

    Subscribe to never miss episodes of the Coin Stories Podcast with Natalie Brunell: kzread.info. Beware of impersonators and scammers on KZread and all social platforms. We will NEVER ask you for personal information or to send money anywhere. Links to our promotional partners are in the show notes. Thank you for watching!

  • @504_HotBoy

    @504_HotBoy

    24 күн бұрын

    Nat - please help me understand how "gov" cant control bitcoin? They are already doing it by taxing it, controlling the on and off ramps, and it being a public ledger - you cant hide. Also explain the "bitcoin can't be confiscated" - the US is the largest holder of bitcoin, all attained through confiscation. I hate to say but your reality seems based on hope rather than grounded in reality.

  • @dontbugme7362

    @dontbugme7362

    24 күн бұрын

    UBI = debt slave

  • @ryanpatrick4920

    @ryanpatrick4920

    22 күн бұрын

    I will help you understand that Bitcoin has been the greatest waste of wealth in the history of mankind. The value of BTC has little to do with its 21 million cap, and certainly has no relation in value to any sort of utility. The only value derived from BTC, is tied to its cost to mine or create. Early on, it was cheap to create, therefore it was cheap to buy and sell. As it has become more costly to create, it has risen in equal terms. I would argue more wealth has been expended to create the current issuance of BTC than what its market cap is valued at. And that market cap would not be enough to act as a circulating currency, even for a single small city. But it gets worse, upwards of a third of the market cap is lost forever, on bricked device, or otherwise inaccessible from its last legal holder. That is all lost wealth. It was fiat currency, turned into energy, and then turned into useless digital tokens. Of course governments can't control, most of Bitcoin's holders never could control it well enough to keep. I would debate you further if I though you were up to the task.

  • @jew_world_order

    @jew_world_order

    20 күн бұрын

    It's definitely not sad at all. Just like our ancestor's fled inflation and a tyrannical government in Europe, it's our turn to flee the tyrannical government and inflation in the US.

  • @fishguru73

    @fishguru73

    15 күн бұрын

    Bitcoin would never have been listed for public trade if the government saw it as direct competition to their CBDC. BTC is part of the asset Ponzi scheme and fodder for algorithmic liquidity bots which is why it moves with traditional indices. Anything that can be bought with fiat is always going to end up in the control of the banking cartels. Now that Blackrock is involved, the fox is in the hen house.

  • @kortyEdna825
    @kortyEdna8257 күн бұрын

    The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0

  • @Pamela.jess.245

    @Pamela.jess.245

    7 күн бұрын

    My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

  • @carssimplified2195

    @carssimplified2195

    7 күн бұрын

    We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

  • @PatrickFitzgerald-cx6io

    @PatrickFitzgerald-cx6io

    7 күн бұрын

    I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

  • @NicholasHarmon-ow3jl

    @NicholasHarmon-ow3jl

    7 күн бұрын

    That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

  • @PatrickFitzgerald-cx6io

    @PatrickFitzgerald-cx6io

    7 күн бұрын

    There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

  • @rebellucy6200
    @rebellucy620026 күн бұрын

    Ed was one of the few who saw the danger of the jabs early on and had the balls to speak out. He earned my respect and is a real truth teller.

  • @wyndhamhewlett8223

    @wyndhamhewlett8223

    23 күн бұрын

    YES CORRECT! HES GREAT.

  • @duarte8546

    @duarte8546

    23 күн бұрын

    He actually earned money from big pharma.

  • @rebellucy6200

    @rebellucy6200

    23 күн бұрын

    @@duarte8546if you owned a mutual fund you probably did too. That does NOT mean he was complicit with the C19 jab.

  • @konversationswitkent

    @konversationswitkent

    21 күн бұрын

    Yes He was!!! Proud of Him..He's definitely Official

  • @konversationswitkent

    @konversationswitkent

    21 күн бұрын

    ​@duarte8546 Yea ,Taking advantage of the situation. Still a good dude

  • @Mr-sweeny
    @Mr-sweeny13 күн бұрын

    The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

  • @Nernst96

    @Nernst96

    13 күн бұрын

    People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

  • @PatrickLloyd-

    @PatrickLloyd-

    13 күн бұрын

    Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

  • @PhilipDunk

    @PhilipDunk

    13 күн бұрын

    I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

  • @PatrickLloyd-

    @PatrickLloyd-

    13 күн бұрын

    I'm being aided by an advisor, i don’t have any special strategy. Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @PhilipDunk

    @PhilipDunk

    13 күн бұрын

    I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @SteveLorenzo794
    @SteveLorenzo7947 күн бұрын

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

  • @liammason1303

    @liammason1303

    7 күн бұрын

    Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

  • @williamjohnson88

    @williamjohnson88

    7 күн бұрын

    She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states

  • @MonicaHerbert989

    @MonicaHerbert989

    7 күн бұрын

    You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

  • @Nickheartly

    @Nickheartly

    7 күн бұрын

    I'm new at this, please how can I reach her?

  • @SteveLorenzo794

    @SteveLorenzo794

    7 күн бұрын

    she's mostly on Telegrams, using the user name.

  • @auction00
    @auction0027 күн бұрын

    Natalie, thank you for bringing Ed Dowd on your show. Ed is my go to for reliable truth of what's going on in the financial markets.

  • @johnclements2524

    @johnclements2524

    27 күн бұрын

    😮

  • @MoonglowAcres

    @MoonglowAcres

    27 күн бұрын

    Great guest! Thank you Natalie and keep up the excellent work!

  • @bunsw2070

    @bunsw2070

    17 күн бұрын

    To bad for you.

  • @84gaynor
    @84gaynor8 күн бұрын

    I can understand people being bearish with these conditions. However, it is not reasonable for most people to sit on the sidelines while your cash position debases by 10% or more per year..What is the best way for me to avoid inflation eating up my cash reserve of about 300k while investing it?

  • @gagnepaingilly

    @gagnepaingilly

    8 күн бұрын

    Don't be in a hurry to get in. The economy needs several weeks of strong performance to signal that the downturn might be over; i think It's a time to be largely, if not entirely, in cash

  • @sommersalt88

    @sommersalt88

    8 күн бұрын

    Inflation gives the illusion of growth. Investors should exercise caution with their exposure and exercise caution these period. See a market strategist with experience if you are unable to manage these market conditions

  • @blaquopaque

    @blaquopaque

    8 күн бұрын

    Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020...

  • @Curbalnk

    @Curbalnk

    8 күн бұрын

    @blaquopaque I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

  • @blaquopaque

    @blaquopaque

    8 күн бұрын

    There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

  • @WalksOfWonder-BC
    @WalksOfWonder-BC27 күн бұрын

    Great guest. I’ve been following Ed throughout Covid and he’s been a beacon of truth.

  • @EverlyndPerez
    @EverlyndPerez13 күн бұрын

    The market is out of control, and banks are failing one by one. Could there be any potential in the stock market for a boomer like me? I am working on an approximate estimate of $3M for retirement.

  • @Debbie.Burton

    @Debbie.Burton

    13 күн бұрын

    You should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

  • @benitabussell5053

    @benitabussell5053

    13 күн бұрын

    Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

  • @judynewsom1902

    @judynewsom1902

    13 күн бұрын

    @@benitabussell5053 Since 2019, my portfolio has shown little growth. I'm considering consulting the advisor who assists you; I'm eager to enhance my retirement fund, especially as I plan to retire in three years.

  • @judynewsom1902

    @judynewsom1902

    13 күн бұрын

    Since 2019, my portfolio has shown little growth. I'm considering consulting the advisor who assists you; I'm eager to enhance my retirement fund, especially as I plan to retire in three years.

  • @benitabussell5053

    @benitabussell5053

    13 күн бұрын

    *Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

  • @SnowAngelfish
    @SnowAngelfish26 күн бұрын

    I see Ed Dowd and I watch, simple as that! His research is fantastic.

  • @danutalucia
    @danutalucia18 күн бұрын

    The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

  • @Alejandrolucia-s

    @Alejandrolucia-s

    18 күн бұрын

    Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

  • @RomeroCarmen-4

    @RomeroCarmen-4

    18 күн бұрын

    Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

  • @mayalucia-

    @mayalucia-

    18 күн бұрын

    To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.

  • @AlvarezDanuta

    @AlvarezDanuta

    18 күн бұрын

    Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @theresaowen2708

    @theresaowen2708

    17 күн бұрын

    Took out my 401K and invested it myself. It was horribly managed, the fees and tax were ridiculous. Within a couple months I was able to get my retirement money moving forward and paid off the taxes. My father was a broker, so I picked smart stocks, but anything was better than my 401k. Clearly, I will have no social security to fall back on to retire. I also invested in our family homestead.

  • @nadjadavidson411
    @nadjadavidson41123 күн бұрын

    Ed Dowd is always worth listening to. I appreciate him stepping away from Blackrock and also admitting that his prediction of a 2023/2024 recession was wrong. Not many people readily admit when they’re wrong.

  • @DUES_EX

    @DUES_EX

    17 күн бұрын

    The reason your comment is wrong, is because he was not wrong. If you look at the old indicators the FED used to indicate recessions, Ed would be correct. Also, look around, we are in a recession. The reason the FED does not say we are in a recession is it makes the FED and the president look very bad. So what do they do? They cook the books.

  • @nadjadavidson411

    @nadjadavidson411

    17 күн бұрын

    @@DUES_EX Yes, and we are in violent agreement. I was only referring to his own statement that he made at the beginning of this interview. That’s all.

  • @gskyle4822

    @gskyle4822

    16 күн бұрын

    ​@@nadjadavidson411But he thinks he is and apologizes for it. So he IS totally wrong to admit that he's wrong when he isn't, which is far worse than just being wrong when he doesn't even know what's wrong or not.

  • @crocodilegrundee4514
    @crocodilegrundee451426 күн бұрын

    Yep Ed, I have been using cash for almost everything for years because I’ve known that this was the plan. I have been encouraging everyone I know to do the same.

  • @NicoleBarker-he2vp
    @NicoleBarker-he2vp11 күн бұрын

    It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

  • @RusuSilva

    @RusuSilva

    11 күн бұрын

    Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself

  • @FusunTumsavas-cq7tp

    @FusunTumsavas-cq7tp

    11 күн бұрын

    I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.

  • @RossiPopa

    @RossiPopa

    11 күн бұрын

    That makes a lot of sense. To be on the safer side and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they’re better equipped at understanding market patterns/movements and adjusting portfolio to match up with these market trends

  • @FusunTumsavas-cq7tp

    @FusunTumsavas-cq7tp

    11 күн бұрын

    Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

  • @RossiPopa

    @RossiPopa

    11 күн бұрын

    I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @knottytoob
    @knottytoob25 күн бұрын

    Ed Dowd and Whitney Webb- 2 of the best for deep dive meanderings. :) Thank you Natalie for your continued efforts. You are appreciated in kinds regards and ascendant fortitude.

  • @dwightwhite6738
    @dwightwhite673825 күн бұрын

    I always respect a man who says, "we were wrong" Shows integrity The the truth of the matter is most predictions are wrong Reevaluate-due diligence-Life goes on

  • @patrickszar4894

    @patrickszar4894

    23 күн бұрын

    What's funny is that when he said he was wrong about recession coming fall 2023... Danielle Dimartino-Booth has been banging her shoe on the table saying NBER will likely backdate the start of the recession to October 2023 (once they admit we are in one), but possibly as early as August. So he might have actually been right. I'm surprised he isn't arguing this point but instead humbly saying he was wrong.

  • @jamesc3745
    @jamesc374521 күн бұрын

    It amazes me how people believe that financial advisors and politicians have no idea how money works. It's their system of control over YOU, they know EXACTLY WHAT THEY ARE DOING.

  • @Dreblueskies
    @Dreblueskies20 күн бұрын

    What makes you think we have leaders that don’t understand how this works, maybe this is completely intentional.

  • @rochskier
    @rochskier23 күн бұрын

    Ed is great. I really appreciate his willingness to admit missing on a prediction and the reasons for the miss.

  • @lauraquigley6403
    @lauraquigley640320 күн бұрын

    “ The adult’s are Absent” absolutely! I give Ed credit for stating the Truth. This doesn’t take a brain surgeon to figure out! Thank you!

  • @user-gb9vv5ey2w
    @user-gb9vv5ey2w27 күн бұрын

    Dowd for Treasury Secretary in the New Republic.

  • @Love-n-serve

    @Love-n-serve

    26 күн бұрын

    Good call

  • @crocodilegrundee4514

    @crocodilegrundee4514

    26 күн бұрын

    I would be all for that. We have to build that new Republic soon!

  • @VancouverStacker
    @VancouverStacker27 күн бұрын

    -SOFT LANDING- -HARD LANDING- ........CRASH LANDING

  • @l.a.mottern3106

    @l.a.mottern3106

    26 күн бұрын

    NO Landing--The Plane Blows Up!

  • @mikythesaint6507

    @mikythesaint6507

    26 күн бұрын

    @@l.a.mottern3106 Oh the plane is landing, its just not got the wheels down. 😞

  • @henryvanderbeek2973

    @henryvanderbeek2973

    20 күн бұрын

    Nope.....money is flooding into America from abroad....

  • @JohnDaniels
    @JohnDaniels20 күн бұрын

    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson

  • @4000angels
    @4000angels26 күн бұрын

    Ed Dowd is an awesome guest. Thank you

  • @chantalb7975
    @chantalb797526 күн бұрын

    Love listening to Edward Dowd -- he seems like a good and honest man.

  • @JohnDaniels
    @JohnDaniels20 күн бұрын

    "You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

  • @Lonnie32120031
    @Lonnie3212003126 күн бұрын

    Jared Bernstein knows exactly “how the sausage is made.” The interviewer asked him why was it necessary to borrow the money that we print ourselves. The real answer to that question would outrage the people. That is why he stumbled around looking for a b.s answer.

  • @Chiro_ASMR

    @Chiro_ASMR

    26 күн бұрын

    Totally agree

  • @mandrews1245

    @mandrews1245

    25 күн бұрын

    That is how media propaganda influences the people. They only look at the surface and don’t research the issue themselves. Doesn’t it seem strange that someone with a senior financial position can’t answer a simple question? Either he has become mentally ill or it is a clip which is misstating the situation…. Those were my two choices when I saw the video. I never thought the guy was stupid….

  • @mlangbert

    @mlangbert

    23 күн бұрын

    That's not what the tape sounds like. I've been confused before. He was confused.

  • @glorioskiola

    @glorioskiola

    23 күн бұрын

    I loved the way he said that the government sells bonds to lend the money. The government sells bonds to BORROW the money! And then has to pay interest!

  • @henryvanderbeek2973

    @henryvanderbeek2973

    20 күн бұрын

    No, clearly he was confused....He's a political appointee, so he really doesn't understand how money comes into existence....

  • @vermeerrecpt9290
    @vermeerrecpt929027 күн бұрын

    Great episode. Ed is always reliable for truth.

  • @thistimeisdifferent
    @thistimeisdifferent27 күн бұрын

    Always great to listen to Edward. Thank you for this interview

  • @pBinx-bd8xg
    @pBinx-bd8xg19 күн бұрын

    I watch Ed all the time and no one ever asks him how things are in Maui

  • @johnlopez3001

    @johnlopez3001

    14 күн бұрын

    Channel Brush Junkie has more information on this subject matter.

  • @ThisHandleIsNotAvailable.
    @ThisHandleIsNotAvailable.27 күн бұрын

    Congratulations. Your video got Wikipedia 'Fact Checked' It's a badge of honor. This happens when you stray from the 'approved' narrative. 🤷🏽

  • @V4BTC-wd5dn
    @V4BTC-wd5dn27 күн бұрын

    The current system must be completely replaced and never allowed to come back.

  • @nisbit3883

    @nisbit3883

    27 күн бұрын

    The current system is socialism to communism

  • @SuperPhunThyme9

    @SuperPhunThyme9

    27 күн бұрын

    protect crypto at all costs

  • @alc7084

    @alc7084

    23 күн бұрын

    Both of you are fools. Literally selling out

  • @the_real_life_bondgirl

    @the_real_life_bondgirl

    22 күн бұрын

    It will be.. with an enslavement system complete with carbon credits, injection passports, and energy/food rations

  • @jew_world_order

    @jew_world_order

    20 күн бұрын

    Oh it'll definitely be back as soon as the general public forgets. IMO in all of human history no other system has made the wealthy schmucks this much wealthier. It's been exponentially more profitable for them than even full-blown slavery.

  • @JohnDaniels
    @JohnDaniels20 күн бұрын

    This guy is on fire!! Great job! I agree with what you are saying. All this financing engineering is decimating the poor and middle class.

  • @dayveda3736
    @dayveda373619 күн бұрын

    It is with hopelessness, despair, and sadness that we observe the current condition of the United States. If the United States were an aircraft in flight, all of the warning lights would be flashing red, and a voice would come on saying, "Pull up! Pull up! Low terrain!" Everything is falling and crashing. We have record historic low confidence in our public institutions. Our confidence in government is collapsing. Confidence in public health is collapsing. Trust in public school education and in higher education is gone. Most of us assume that our own government is lying to us most of the time, that Wall Street is lying, that drug companies are lying, that journalists are lying, that the schools can't teach, that our medicines don't work, and that public safety is a contradiction in terms. We also assume, wrongfully, that these problems are fixable if only the next election goes the way we want it to or if we get a new judge on some court. We believe we can turn things around, but we can't. The problems we have are deep, structural, and fatal. What are we certain of? How does money work since the very foundation of the world? How does it work up to now? The borrower is servant to the lender. Productive capital flows from the consumer to the producer. It flows from people who live above their means to people who live below their means. It flows from people who borrow and spend to those who invest and lend. And with money flows power: diplomatic power, economic power, technological power, military power. Lately, all the money and all the power are flowing one way. It doesn't matter who wins the election in six months. Swapping out pilots on a doomed aircraft where the wings have fallen off isn't going to matter. It won't matter in New York, Philadelphia, Baltimore, Detroit, Milwaukee, Chicago, Kansas City, Oakland, Minneapolis, St. Louis, or dozens of other places where we have entire school districts where not a single child can read, write, or do math at grade level. Soon enough, it won't matter in London, Singapore, Zurich, Hong Kong, or even New York, the great financial centers of the world, where more and more investors and governments realize that our debts will not be repaid. They will be demanding hard assets instead of Treasury bonds and dollars. They will be demanding new business partners to replace American ones, and new banks and financial systems to use instead of ours. Dear family and friends, the party is over. We are living the Purge. Buckle up and good luck. God Speed.

  • @icarus166
    @icarus16627 күн бұрын

    Natalie did it again. Leave a like everyone! ❤

  • @stevenrobinson9095
    @stevenrobinson909527 күн бұрын

    Hi free thinkers, CBDC cashless society. Relation to Australian debit/credit card. Two experiences. First in cashless society, using ATM the card was not returned. Received replacement card after 10 business days, how does one survive no means to buy food or fuel for 10 days? The second involved account hacked two small amounts withdrawn illegally required fraud investigation. No confidence in cashless banking narritive, being held hostage loss of freedom from stress.

  • @dawnemile7499

    @dawnemile7499

    14 күн бұрын

    Something similar happened to me but I learned from it. I was called by Visa to tell me that my card had been compromised after they asked me if I had made some purchases which I had not made. I had deposited a significant sum onto the card and thought I could use the card if there was an emergency. They told me I wouldn't receive a new card for seven to ten days. Then my car broke down the following Tuesday and there I was with no access to my credit card to have the repair done.

  • @drmarkflies
    @drmarkflies26 күн бұрын

    Ed is another one of the few rational voices. thanks for providing him with a platform to speak. I see what’s happening too, Ed, do you have a long-term strategy on how to play this? Or do we just trade it and hedge in the short term based on the knowledge that we have at any moment?

  • @TheOcean777
    @TheOcean77727 күн бұрын

    Everything he states corresponds with what other people in the know has discussed.. What a great video. Thank you

  • @troyfelder
    @troyfelder26 күн бұрын

    Wow! What a great video. you so well articulated. Monetary and Fiscal policies should work hand in hand to have a full effect, but we live in an era where government just doesn't care, it will spend and double-down and spend more and more.. it just doesn't care, and it would debilitate the monetary policy. The sad outcome will be likely BOTH the transition to a digital dollar CBDC that will give ultimate control to the government thus shrinking even more the independence of the central bank. At some point the central bank will have no actual meaning left. Honestly, it feels we're not too far from it already..... I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...The only wild card for us investors is to actively engage the market by trading, it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

  • @troyfelder

    @troyfelder

    26 күн бұрын

    Tobias Hawke program is widely available online..

  • @wajper1994

    @wajper1994

    26 күн бұрын

    Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Tobias insights. It's akin to finding a diamond in a coal mine.

  • @RuyVictorio

    @RuyVictorio

    26 күн бұрын

    Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

  • @lottschke

    @lottschke

    26 күн бұрын

    Building a good investment portfolio is more complex so I would recommend you seek Tobias support.

  • @BCelt348

    @BCelt348

    26 күн бұрын

    Tobias Hawke’s understanding of market indicators is impressive. He knows exactly when to enter and exit trades for maximum profit. His siignals are top notch..

  • @user-xz8wc9uc1n
    @user-xz8wc9uc1n20 күн бұрын

    Making God a huge part of our lives will go a awful long way to see us through this time. Love Ed and his great analysis.

  • @toni56q
    @toni56q26 күн бұрын

    This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!

  • @kushnerq12-vs4io

    @kushnerq12-vs4io

    26 күн бұрын

    Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Devion Jane

  • @dyer-ie3pj

    @dyer-ie3pj

    26 күн бұрын

    I agree just reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading..

  • @toni56q

    @toni56q

    26 күн бұрын

    Please educate me, i'm willing to make consultations to improve my situation,

  • @kushnerq12-vs4io

    @kushnerq12-vs4io

    26 күн бұрын

    Her technical analysis is excellent and her interpretation/projections of the market are so accurate I sometimes ask myself if she is a human The point she is the perfect trader to follow for advice and guidance

  • @2q-yo8mf

    @2q-yo8mf

    26 күн бұрын

    Wait is this the same lady? That helps me with 17k investment “wow" such a small world..

  • @Albatross125
    @Albatross12527 күн бұрын

    Excellent podcast. Love your videos, you are so well spoken. You're appreciated

  • @HANZELVANDERLAAY
    @HANZELVANDERLAAY26 күн бұрын

    Absolutely the most important.... unbelievably accurate. description...of current financial events/concerns....packed with advice... excellent..just excellent 🎉🎉🎉

  • @GillerHeston
    @GillerHestonКүн бұрын

    Really, banks require more regulation. The entire idea of banking as "let's gamble" is terrifying. Because they discovered in 2008 that the government will always bail them out, there are no repercussions. These bank crisis are so worrisome. This whole financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. And this is only the beginning!

  • @rogerwheelers4322

    @rogerwheelers4322

    Күн бұрын

    Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply focus on diversified investments through a financial advisor, collect my profits, which I either spend or repeat the process. Never been this comfortable with my finances.

  • @joshbarney114

    @joshbarney114

    Күн бұрын

    I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

  • @FabioOdelega876

    @FabioOdelega876

    Күн бұрын

    I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

  • @joshbarney114

    @joshbarney114

    Күн бұрын

    I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

  • @FabioOdelega876

    @FabioOdelega876

    Күн бұрын

    Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

  • @charlesdidonato5478
    @charlesdidonato547827 күн бұрын

    The FED will not allow Stock market or Treasury market to crash. They will continue to print money and buy debt. Their balance sheet will explode.

  • @warrenb2856

    @warrenb2856

    27 күн бұрын

    Exactly! I do not see any evidence that the Fed will allow the markets to crash. It is possible we could have the crash he is predicting, but I think it is likely a decade away. Bitcoin and gold will be dramatically higher than they are today before we see a crash of dollar, if ever.

  • @l.a.mottern3106

    @l.a.mottern3106

    26 күн бұрын

    Don't Forget--They have an Off Balance Sheet capability ;-)

  • @prolific1518

    @prolific1518

    26 күн бұрын

    Last thing the fed wants is for the dollar to become worthless. Once that happens the fed is worthless and all their balance sheet expansion will be useless.

  • @davidcooper64

    @davidcooper64

    26 күн бұрын

    Janet Yellen has stated that the Debt will be $51 trillion dollars by 2033.

  • @robs1714

    @robs1714

    22 күн бұрын

    Election year, will never happen in an election year

  • @JohnDaniels
    @JohnDaniels20 күн бұрын

    It's Called the American Dream Because You Have To Be Asleep to Believe It" - George Carlin.

  • @JohnDaniels
    @JohnDaniels20 күн бұрын

    "The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented." -Sir Josiah Stamp, former Bank president

  • @mlangbert
    @mlangbert26 күн бұрын

    Good interview. I have no problem with Bitcoin, but I don't see the advantage of Bitcoin over gold. In particular, Bitcoin depends on unstable computer technology, so it fails the durability test. Also, the transactions cost of using Bitcoin are too high for small transactions. Use of Bitcoin depends on smartphones, which are unreliable in bad weather and during times of emergencies. Taking out just six or seven cellular stations around the country can take out the entire smartphone system. Thanks to Natalie Brunell and Ed Dowd. I agree with Ed's analysis. As a retired college professor, I'm spending half my time outside the US. WIth a US leadership that is willing to screw the country to get itself reelected and a public dumb enough to vote in such a leadership even as their real incomes stagnate and quality of life declines, other countries seem to have better futures than the US does. Other countries aren't necessarily better, but they have not set themselves up for decline by declaring their currency the global reserve currency. The two major-party presidential choices are dumb and dumber. Both favor protectionism and support inflationary monetary policies.

  • @JohnClutter
    @JohnClutter26 күн бұрын

    *Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..*

  • @JohnClutter

    @JohnClutter

    26 күн бұрын

    Thanks to my co-worker (Alex) who suggested Ms Christy Fiore

  • @PennySueMcGuire

    @PennySueMcGuire

    26 күн бұрын

    Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.

  • @VictoriaGreen-fd3ed

    @VictoriaGreen-fd3ed

    26 күн бұрын

    Great to see you guys talking about her, she changed the game for me.

  • @LeederFlether

    @LeederFlether

    26 күн бұрын

    *Please how can I contact her? I'd love to see for myself*

  • @DanielClooneypy4oz

    @DanielClooneypy4oz

    26 күн бұрын

    You'll surely reach her

  • @Elsa-qy9hr
    @Elsa-qy9hr20 күн бұрын

    Mr Ed Dowd has to have a lot of hope to think his analysis & announcement of corruption, the who's, the how's & when's, will in some way influence the masses. 👏 much respect Ed

  • @robmcgriff
    @robmcgriff26 күн бұрын

    Natalie, your very, very good with interviewing and your guest was dead on! Ty

  • @JamesBond-vg6wz
    @JamesBond-vg6wz27 күн бұрын

    We are simply a unit of account on someone else's balance sheet..You can't win for losing..Everything you own has no real value..Time is your most valuable asset..Don't waste it..

  • @HANZELVANDERLAAY

    @HANZELVANDERLAAY

    26 күн бұрын

    Yessssss

  • @LovelyDreamCatcher-mk6oq
    @LovelyDreamCatcher-mk6oq27 күн бұрын

    Mr. ED DOWD, The Perfect Guy for Our Next Secretary of The Treasury.

  • @mimiashford5544

    @mimiashford5544

    24 күн бұрын

    He's too smart to get mixed up in politics.

  • @LovelyDreamCatcher-mk6oq

    @LovelyDreamCatcher-mk6oq

    24 күн бұрын

    We Need Smart Patriots to START TAKING BACK OUR REPUBLIC. 💪🏻👊🏻

  • @theresewalters1696
    @theresewalters169616 күн бұрын

    Thanks for having Ed on!

  • @orangepill1225
    @orangepill122526 күн бұрын

    Love this guy!!! Thanks for the honesty

  • @omarjanuyghur1093
    @omarjanuyghur109326 күн бұрын

    Wow, great interview again, great questions to the main points, another great expert good explanations.

  • @srg6532
    @srg653227 күн бұрын

    A lot of people won't be able to get a loan if they get down to just a few big banks.

  • @FJ5280
    @FJ528023 күн бұрын

    You can bring this dude back for sure. Solid.

  • @TheBitcoinBengal
    @TheBitcoinBengal22 күн бұрын

    Ed Dowd was a great guest! Very informative and no nonsense.

  • @DaliTaliani-wz4ti
    @DaliTaliani-wz4ti24 күн бұрын

    the part about being prepared reminds me of when health issues forced me into early retirement. I had been careless with my savings, figured i had to turn to investing which i did with half of it. patiently, I watched it grow to $2.2M that change has been incredibly fulfilling

  • @PeterParkar-nk6dw

    @PeterParkar-nk6dw

    24 күн бұрын

    to be realistic, Luck plays a significant role more-so than the resources to thrive with investing. without it, it's very challenging to succeed, been there

  • @DaliTaliani-wz4ti

    @DaliTaliani-wz4ti

    24 күн бұрын

    when its consistent, its not considered luck. I attribute this to research which was the challenging part before it led me to Emily Ava Milligan, a top fund manager, in turn she made 290k into this and counting

  • @PeterParkar-nk6dw

    @PeterParkar-nk6dw

    24 күн бұрын

    I pasted her name into my browser, her website popped right up, and I had an incredibly insightful session, those spots were filling up fast. Your example is rare and tangible i wish i had it earlier to reference. thanks for sharing

  • @SimpsonCapital

    @SimpsonCapital

    20 күн бұрын

    @@DaliTaliani-wz4tioh look, another scammer. All the same shite over and over again “oh I recommend this advisor” 😂

  • @Kool_rosmom

    @Kool_rosmom

    16 күн бұрын

    I’m amazed the names they can invent

  • @sandraintexas6959
    @sandraintexas695927 күн бұрын

    Wonderful interview, Natalie. I am now a new follower. I love how you let your guests talk! I first learned about Ed from his book about vaccines and the workforce who got injured, in particular. He is an awesome guest, a genuinely caring human, and I hope you have him come back again!

  • @MotivatingInspiration
    @MotivatingInspiration24 күн бұрын

    God bless Mr Edward Dowd.

  • @johnnywlittle
    @johnnywlittle20 күн бұрын

    Well done having Ed on show.

  • @friarnewborg9213
    @friarnewborg921323 күн бұрын

    GREAT INTERVIEW! Thanks, Natalie. (You get better and better). Ed Dowd is an excellent guest, who you should interview again. He seems to have Deep Knowledge on many subjects

  • @HowardARoark
    @HowardARoark26 күн бұрын

    Great interview Natalie, Dowd is spot on.

  • @littlebitmckee8234
    @littlebitmckee823427 күн бұрын

    Thank you! Great guest!!

  • @franksunseri8549
    @franksunseri854926 күн бұрын

    Thank you for another great learning opportunity! Really admire and appreciate your choice of guests as well as your great questions which bring about the best answers! :)

  • @surfingindo
    @surfingindo26 күн бұрын

    Get this guy back on. 🎯

  • @puppyistheone
    @puppyistheone23 күн бұрын

    I disagree that Bernstein has no clue. They know exactly how the system works and they know exactly how to fleece us with our ignorance regarding the financial system.

  • @foilrider2000

    @foilrider2000

    18 күн бұрын

    I thought it was a body double, then I thought he's over acting, bit of a ham.

  • @_Stay_Curious
    @_Stay_Curious26 күн бұрын

    It's horrific if he is even half right. We need every one of us to refuse CBDC.

  • @Greg_M308
    @Greg_M30820 күн бұрын

    Ed is one of my heros.

  • @marksowick5278
    @marksowick527827 күн бұрын

    Very well done, thank you Natalie and Ed.

  • @JohnDaniels
    @JohnDaniels20 күн бұрын

    We are getting poorer precisely because a narrow elite has organized society for their own benefit at the expense of the vast mass of people. Political power has been narrowly concentrated, and has been used to create great wealth for those who possess it.

  • @chrissalley9468
    @chrissalley946826 күн бұрын

    I think this plays out faster and worse than people think

  • @deirdredear
    @deirdredear23 күн бұрын

    Ed Dowd is brilliant! Right on . So GREAT

  • @cski9148
    @cski914822 күн бұрын

    Love Ed Dowd’s words of wisdom!

  • @marcoemiliovalle7708
    @marcoemiliovalle770827 күн бұрын

    LOVE Ed Dowd.💪🏼💪🏼💪🏼

  • @michaelalpine4198
    @michaelalpine419827 күн бұрын

    Great guest!

  • @mickeycricket1265
    @mickeycricket126517 күн бұрын

    Anything with Ed Dowd & im definitely watching & listening!!!!! Brilliant!

  • @msayfie359
    @msayfie35926 күн бұрын

    Awesome show. Sharing this w everyone that matters

  • @iggypopdrop3509
    @iggypopdrop350926 күн бұрын

    First time on your channel. You interview like a real pro. Nice job.

  • @SuperPhunThyme9
    @SuperPhunThyme927 күн бұрын

    Your kids ARE your retirement ....if you raise them well

  • @BurtWalker100
    @BurtWalker10022 күн бұрын

    Great questions and one of the clearest and informative macro economic analysis that I have head on you tube.

  • @MichaelDavidLee
    @MichaelDavidLee23 күн бұрын

    This guy knows what's up. Great job letting him riff as long as he wanted. 🔥💯🙏

  • @RR-vt3lj
    @RR-vt3lj26 күн бұрын

    Ed’s a good man. Economists say demographics is destiny but I believe in the ancient Greeks & Christian view that it is character that determines destiny. The gold bugs & Bitcoiners miss the fundamental truth that it is not the money that will will fix the problems we face, it’s the development of creating individuals with good morale & virtuous characters who create & govern not only the monetary system but the whole system of governance that will correct are sickness. Capitalism without Christian ethics is no better than any utopian system & in many ways represents the worst of those ideologies. We need to step back, take a breath & take stock of how far we have come & where we have lost are way. We have far to many talented people focused on the abstract concepts of wealth & not on nurturing the development of decent, morale & virtuous human beings who only wish to live & work in peace with one another. The classical world & Christendom understood that real wealth was created through developing people of faith & virtue. That is the test & the animating force that we face. Great interview 🖖✌️

  • @mlangbert

    @mlangbert

    26 күн бұрын

    People with good character create honest monetary systems based on gold or silver. Paper money was invented by Chinese emperors of the Song Dynasty. It quickly led to inflation, and eventually the Chinese replaced it with silver. All republics started with silver or gold money: Athens, Rome, Florence, Holland, Britain and the US all had silver or gold monetary systems. Karl Marx advocated a central bank as one of the chief points in his Communist Manifesto, and Nazism and Fascism also favored central banking as did their American cousin, Progressivism. Germany had central banking even before England, and the Reichsbank was established in 1876. The Reichsbank ended with Germany's defeat at the end of World War II. Since then, advocates of centralization and empire have uniformly favored central banking and fiat currency, the chief advantage of which is flexibility in funding war. Stalin favored central banking while Jefferson and Jackson favored a metallic standard. The choice of monetary system is a reflection of character.

  • @Logos8

    @Logos8

    24 күн бұрын

    Yes, no usury.

  • @geraldineperry

    @geraldineperry

    23 күн бұрын

    @@mlangbert It is the government stamp that makes money "money'. Alexander Hamilton, though he loved bankmoney, knew this. Quote: It is immaterial what serves the purpose of money, whether paper or gold and silver; that the effect of both upon industry is the same; and that the intrinsic wealth of a nation is to be measured, not by the abundance of the precious metals contained in it, but by the quantity of the productions of its labor and industry.

  • @mlangbert

    @mlangbert

    23 күн бұрын

    @@geraldineperry I recommend Thomas Di Lorenzo's book Hamilton's Curse. Hamilton was a clown. Government-stamped money has failed many dozens of times throughout history, and the continental, which was the currency adopted by the US under Robert Morris, failed as did the first paper money system, the Chinese Jiaozi and Qianyin. There is no extant paper money system from the time paper money was invented in China in the ninth or tenth century AD. Silver and gold go back 3,000 years or more and are still used, though. Their use evolved through private enterprise and was in use hundreds years before Rome by the Phoenicians, Egyptians, and many others in voluntary trade. Government had nothing to do with their adoption until later. Robert Morris was the one who recommended Hamilton to be treasury secretary, but Hamilton was unable to learn from experience. Hamilton advocated a socialist manufacturing venture that was to be located in Patterson NJ but headed by a corrupt crony, WIlliam Duer. Duer was imprisoned for failure to repay debts related to the first bubble in American history involving the stock of the Bank of The United States, the first central bank. When the US reinvented greenbacks during the Civil War, there was again crippling inflation in both the Union and the Confederacy. The Chinese paper money system led to repeated inflaitons and instability. Silver became availble to the Chinese in the 15th century, and they switched from the unstable paper-money system to silver. There wasn't much silver in China. The root cause of the Chinese inflation was lack of backing of the paper money with copper coins, which was all the Chinese had. Governments are inherently corrupt, so the Friedman system of a fixed monetary rule will never work. The only system that is stable in the long term is a free market in money that is independent of government violent fiat. The form of money that evolves in the free market is usually gold or silver, but something like Bitcoin might work today. Government-mandated fiat currency systems have failed 100% of the time. The fake economists advocating MMT theories now are historically illiterate crackpots.

  • @mlangbert

    @mlangbert

    23 күн бұрын

    ​@@geraldineperry Government-stamped monetary systems have failed repeatedly throughout history. Money pre-existed government. Phoenician traders used silver as money independently of any government decree. America's finance chief during the Revolution, Robert Morris, saw the first government-stamped US currency, the continental, fail becuase of inflation. Morris recommended Hamilton to be the first secretary of the treasury, so Hamilton was something of a clown in that he contnued to support central banking and socialist solutions even after the continental failed. Hamilton's point that you quote is correct in that what matters is GDP per capita, but monetary inflation impedes growth of productivity and GDP per capita. A couple of good books relevant to your point are Thomas DiLorenzo's Hamilton's Curse and William W Lewis's Power of Productivity. Lewis points out that macroeconomic factors like a stable monetary system and the "Washington Consensus" policies need to be accompanied by intelligent organization of work. Advances in management require sound money, but paper money systems are unsound because of inflation. Milton Friedman (see Capitalism and Freedom) advocated a fixed monetary rule, but this idea fails because of the corruption of government elites. Only a gold or silver standard disciplines policymakers, who are inevitably corrupt. Since the Song Dynasty in the 900s, paper money systems have repeatedly failed because of inflation, excessive monetary creation. People with bad character like such systems because. people with bad character are self-serving narcissists or simple crooks who delude themselves into thinking that counterfeiting can create wealth or else, likely like most Democrats, simply don't care about the harm they cause. The government stamp has been repeatedly associated with failed currencies. As von Mises points out in Theory of Money and Credit, free market money is gold or silver. Paper money creates wealth inequality and instabilliity. Government fiat can put a fiat system into place, as has occurred around the world, but fiat systems create wealth inequality and then collapse.

  • @paulsaragosa371
    @paulsaragosa37120 күн бұрын

    Since the years sixteen century

  • @ddod7236
    @ddod723623 күн бұрын

    Great questions Natalie. Long time fan of Ed Dowd-thanks for having him. I subscribed!

  • @marshallthompson6957
    @marshallthompson69575 күн бұрын

    Thanks so much for HONESTY!!! Great podcast

  • @darinthesecularspiritualist
    @darinthesecularspiritualist27 күн бұрын

    One of very few truth tellers

  • @jxschw
    @jxschw27 күн бұрын

    Does CNBC have a disclaimer about "...not being financial advice?" If not, they ought to. And I always enjoy listening to Ed Dowd. I believe in his prognostication even if the timing hasn't aligned. It's amazing how creative our wounded animal of a financial system is at this critical juncture: which I hope means the END of it.

  • @LittleOrla

    @LittleOrla

    27 күн бұрын

    But what will replace it?

  • @prolific1518

    @prolific1518

    26 күн бұрын

    They do

  • @formepvp

    @formepvp

    22 күн бұрын

    They will use the end of this system and the mayhem that will cause to bring in an even worse system. People will go digital to get a meal.

  • @yeahj1js
    @yeahj1js20 күн бұрын

    Thanks Ed

  • @GuyFawkesStillLives
    @GuyFawkesStillLives19 күн бұрын

    Populism is democracy, just as Winston Marshall argued.

  • @soma9x9
    @soma9x926 күн бұрын

    If the checkout process won't allow buying meat, e.g., with your CBDC, it also won't allow it with bitcoin or any other payment instrument. A person-to-person barter system, though it will be illegal also, would be necessary. Where will you get your essential, but disallowed by the central planners, meat and other necessities?

  • @RussCR5187

    @RussCR5187

    26 күн бұрын

    It will come, as Ed mentioned, via UBI. At the point of maximum angst we will be willing to accept UBI in order to eat in return for accepting the transition to CBDC and associated social control system. The higher powers will swoop down and "save the day". In the end, we will own nothing and be .... happy?

  • @mlangbert

    @mlangbert

    23 күн бұрын

    In the USSR there was a large, illegal black market. Polish entrepreneurs used to speedboat tons of illegal blue jeans, which the Russian kids wanted but the communists wouldn't sell. Black markets flourish under tyranny.

  • @jmwSeattle
    @jmwSeattle27 күн бұрын

    “Fear is a great motivator” Rush Limbaugh used to say. Then there’s “when the going gets rough, the rough get going.” God is judging Americans for throwing out their religious heritage.

  • @alex447284
    @alex44728427 күн бұрын

    Awesome interview! Thanks.

  • @nickczarnickcovers
    @nickczarnickcovers14 күн бұрын

    Great conversation. Glad this came up in my feed!

  • @JohnInvest17
    @JohnInvest1726 күн бұрын

    Edward is amazing , some of the stuff he says makes you think and feel a bit uncomfortable. But its the truth.

  • @trulyso734

    @trulyso734

    15 күн бұрын

    So moving forward in transition to digital cbdc's ? Digital currency isnt quite currency in a traditional sense of the word. It's programmable with none of the controls in one's hand for sensible stewarding. So anywayz, the headquarters of the central banks are silent. Any disemmination of that info before things just keep getting done to any/all of us throughout the earth? Just wondering out loud. Or have aliens/ai completely taken over so no humans an understandable source of guidance in a way that doesnt do one harm?

  • @kryptophiliac4994
    @kryptophiliac499427 күн бұрын

    This girl makes me proud to be Polish❤

  • @rickbrodston1800
    @rickbrodston180027 күн бұрын

    Surprisingly informative . PuertoRico it is.

  • @blitz21
    @blitz2118 күн бұрын

    Great interview. Thank you both.

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