The Arterburn Radio Transmission Podcast
The Arterburn Radio Transmission is a blend of cutting edge commentary, fused with guests who are the newsmakers and trailblazers of our time. Your host Tony Arterburn is a former Army paratrooper, entrepreneur, and historian. Tony brings his unique perspective to the issues facing our country, civilization, and planet.
The Arterburn Radio Transmission Podcast
#502 Liberation Day: Trump's Economic Nationalism and the Fight for America's Soul
no-transcript. Good evening folks. You're listening to the Hour of the Time. I'm William Cooper. The chair is against the wall. The chair is against the wall. John has a long mustache. John has a long mustache. It's 12 o'clock, americans, another day closer to victory. And for all of you out there on or behind the lines, this is your song Time, weather and highways.
Speaker 1:Veteran of three foreign wars, entrepreneur and warrior, poet, tony Arterburn takes on the issues facing our country, civilization and planet. This is the Arterburn Radio Transmission. So I love the headline. On Drudge it says it's World War Fee. You know, if you live long enough, folks, you see some pretty amazing things. This is the Arterburn Radio Transmission.
Speaker 1:I am your host, tony Arterburn, broadcasting in defiance of globalist goblins, the neocons and the new world order. Here, from deep within the heart of Texas, I've got my co-pilot and co-host, beans the Brave. It's the 3rd of April 2025. Beans to Brave it's the 3rd of April 2025. It's exactly one year ago.
Speaker 1:I was on a tinfoil hat. I was out in Hollywood. That's when we announced we're going to have the Wise Wolf, gold and Silver Adjacent Studios, as my friend Sam Tripoli says, and I remember I pointed at the price of gold. I was watching the ticker this was live and I said, hey, check this out, look at the price of gold. I was watching the ticker you know this was live and I said, hey, check this out. You know, look at the price of gold and it was $2,200 an ounce or some change. You know between $2,200 and $2,300 an ounce. And I said what you're watching is not the price of gold going up. What you're watching is the purchasing power of the dollar diminishing. What you're watching is a real-time inversion. It's the opposite of what you think, I go. Stocks are going up, something's going up in value. Well, that's not really what's happening. What you're watching is a demise of a currency. Now we're going to get into a little bit of that. There's some metrics on this that are absolutely astonishing and things that I didn't think of, and certainly there's an accelerated acceleration, uh, ration going on. That's it's. Uh, what is that? Our buck, mr fuller called it accelerating acceleration, where it's happening, everything that you think is like on track, but then it just takes off, and that's where we're. What's we're watching the? The headlines on drudge are, of course, with the liberation day. We're watching the headlines on Drudge are, of course, with the Liberation Day. We're going to get into that too with the tariffs.
Speaker 1:And then, you know, I talk about my experience in politics and years ago gosh, it was 20 years ago, folks I started, or more, and I started studying economic nationalism and it just made absolute sense to me. I got it, like at a core level. I just got it. I was like so that's what built the country. You know, if you look at our history, the second act out of Congress was the Tariff Act. That was the second from 1789. The second thing we passed out of Congress was the Tariff Act and Alexander Hamilton. You know he had read Adam Smith. He'd read the Wealth of Nations. That came out in 1776, by the way, same year as Edward Gibbon's decline and fall of the Roman Empire, ironically. But he read Adam Smith and it talked about the invisible hand in free markets and free trade and he signed off on 95 percent of that and then kept the tariffs because that's what. That's what how nations operate and we're watching now.
Speaker 1:This is a very mixed bag. So I want to talk a little bit about the history of how we got here, because this I don't think what we're watching is not actually what I've been talking about. This is like a funhouse mirror version of that and it's something I think. There's some creative destruction going on. There's a controlled demolition going on. This is language that is not necessarily economic, my opinion. But you go back to the history. We're a nation built on tariffs. When did everybody get so queasy on tariffs? Well, when you abandon sound money, when you abandon what we had, which was a dollar as good as gold, you abandon that and you abandon what made the country and you turn it into a fiat circus and you know again, a funhouse mirror version of itself. You invert the entire system. Well then, economic nationalism looks really scary. That's how we built the country.
Speaker 1:All four presidents on Mount Rushmore supported tariffs. Every historical figure on our paper currency, from George Washington to Ben Franklin, supported tariffs. Wes Grant supported tariffs. Andrew Jackson supported tariffs. Matter of fact, andrew Jackson ran as a populist and a southerner. And you talk about the history of tariffs in the country. They had something called the Tariff of Abominations.
Speaker 1:This was 1828 in the United States. The North was industrializing. Even then, I think, the North had, you know, they had less slavery right and especially post-1820s, they started importing immigrants. That was their labor, you know. And then they had the Irish and the Polish and every other rest and they imported them and they put them to work in the factories and they wanted high tariffs to protect that industry. The South was agrarian and they wanted low tariffs, so this caused this was an opening salvo to the Civil War. This was the difference between the free trade South and the pro-tariff North. And again, even Andrew Jackson, though, who was a Southerner, kept him. He kept the tariffs because he wanted the revenue. Thomas Jefferson talked about that. Thomas Jefferson used the tariff instead of taxing imports. He's like no man knows the tax man, and he was proud of that.
Speaker 1:The third president of the United States Didn't want any internal taxes, except for a little consumption tax, but most of the government was funded by tariffs, and that's how we built the nation. But most of the government was funded by tariffs. That's how we built the nation. But at the end of the 19th century, going into the 20th century, the banksters were hungry. They had a plan to retake and hijack the monetary system, and one of the ways you do that is you got to get control of the money supply.
Speaker 1:So in 1913, you had the four horsemen of the political apocalypse, as I called them when I ran for office. You had the 17th Amendment, which is the direct election of senators. All right, and the legislature used to pick the senators, which was a very good thing, kept a lot of checks and balances and it made the legislature a lot more powerful and it's more close to the closer to the people. But when you go to the direct election senators, you have all this. You know bankster money that flows in. The big companies get involved, the power brokers get involved. They pick your senators right. So that's the 17th Amendment. Then you get the 16th Amendment, which is the income tax and the Federal Reserve.
Speaker 1:Of course, 1913, but also something I talked about and just now is getting brought up in the popular discourse which was 1913 was the year that we first got free trade policies in this country. Because those all go together An income tax, the Federal Reserve and free trade all goes together. You want to know why? Because they're principles and tenets of the Communist Manifesto. Bet you didn't know that.
Speaker 1:Do you know who one of the greatest proponents of free trade was? And when I'm talking about free trade I'm not talking about you know, if I'm in Texas and you're in Louisiana, and I want to send you something across state lines. We shouldn't pay it. I'm not talking about that, and I'm not even talking about equitable deals between nations. I'm talking about the idea that there's no boundaries and everything crosses over and there's. It incentivizes multinationals to take their companies, to take their factories, to take their wealth and just supplant it in a Darwinian contest of survival of the fittest. It doesn't keep a strategic economic incentive in play when you just destroy those boundaries in play, when you just destroy those boundaries. And yeah, it looks good on paper and in a libertarian fever dream. I'm a libertarian in many ways, but it doesn't work in reality.
Speaker 1:But one of the main proponents in the 19th century for free trade policy was Karl Marx. He wanted it. He said that the I'm doing this by memory. I could never I was. I remember first getting into radio and talking about this and people were like, well, that's not, that can't be real. Yeah, marx supported free trade. He said the the protective system meaning tariffs was conservative and that free trades system meaning tariffs was conservative. And that the free trade system hastened the revolution because it brought up all the antagonism between the ruling class and the working class, which is what they wanted. It's creative destruction. So we had this great system that was thrown away, and I'm going to get to the point of why this is weird. What we're watching is like I even mentioned on David Night Show today. I said now, I've always advocated for this, except there's something that's missing which we're going to get to. There's something that you got to also have when you have tariffs, which is again the whole point of it.
Speaker 1:But that's how we built the country. We didn't have. You know these, like the income tax, the income tax is not part of our American experiment. The founding fathers would have never. I mean, that was something. That's a way that you stifle growth. That's the way you use. You know the ruling class uses it for control, which is why we have it now. You don't build economies with an income tax. You don't do that. That's how we built. We became the manufacturing marvel of mankind. It was very rich. That's why the system had to be hijacked and they took it over. 1913, the four horsemen of the political apocalypse were unleashed on America and we're seeing this is things take time and this is an endgame to that. So, complete control of the money supply.
Speaker 1:Overall, I mean, we started to see the decline in our manufacturing base post-World War II. One of the things that happened was, you know, europe was in ashes. We dropped two atomic weapons on Japan and we opened up our markets to both you know, europe and Japan and we dropped our tariffs and we did all—we had 5% of the world's population, which we still just about have the same. We had 50% of its wealth at the time. There's a reason for that. And the rest of the world, you know, with these, you know, tariffs, they're just using our old playbook. Every nation does. They all preach that we're going to have, you know, free trade and no barriers, but nobody really practices except us. We lowered all these barriers, starting post-World War II and then really accelerating after we opened China in 1972 and the birth of the Trilateral Commission in 1973. 1974 was the last year that this country ever ran a trade surplus.
Speaker 1:Folks, I've followed this for a long time and I never thought I'd see headlines like this. I never thought we'd be looking at tariffs across the board and something called Liberation Day, and I'm going to get to this article and then we're going to talk about what this means, because, again, I've been an advocate for this. But there's something missing. Let's go to this article. This was Zero Hedge, and I'm starting at trillions lost, by the way, in the markets. 401ks other things crashing. What did the Rothschilds say? You wait until you buy when there's blood in the streets. There's certainly blood in the streets Zero hedge. This is yesterday, but they've updated it since Futures tumble as President Trump delivers Declaration of Economic Independence.
Speaker 1:Trump began his address exclaiming that this is Liberation Day. April 2nd 2025 will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed and the day we began to make America wealthy again, trump said. For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike. American steelworkers, auto workers, farmers and skilled craftsmen we have a lot of them here with us today. They really suffer gravely. In a few moments, I will sign a historic executive order reciprocal tariffs on countries throughout the world. Reciprocal, that means they do it to us and we do it to them. Very simple, can't get any simpler than that. Trump lays out his theories that tariffs will bring back a golden age for the US, a phrase he also used in his inaugural address.
Speaker 1:Okay, well, that's true, he was on the Joe Rogan show. He mentioned William McKinley and he mentioned tariffs and we didn't have an income tax. The Supreme Court had ruled, I believe in the 1890s I think it was 1898, that the income tax was un operating system. The policy of the US was tariffs and no income tax, and then I talked about 1913. So that's what's missing here.
Speaker 1:There's another thing we had at the time of tariffs that was called a gold standard. We had sound money, for good or for ill. I mean, a lot of people wanted free silver. There was William Jennings Bryan. That's where you get the allegory in the Wizard of Oz the Cowardly Lion, the Yellow Brick Road, all that Dorothy's silver slippers, not her ruby slippers in the L Frank Baum book. I've covered that on Paratruther. There was a huge populist uprising at the time. They wanted to weaken the currency a bit by flooding it with silver dollars. But we still had a bimetallic system. You still had sound money. So you had sound money and no income tax.
Speaker 1:Now what's wrong with this? Well, we're doing this, which is going to be. It's already starting to show as a massive economic tsunami of uncertainty. Finally, trump announces his tariff plan details. As a declaration of economic independence. Trump announced a baseline tariff, a rate of 10% for all countries below the 15% consensus and 20% worst-case scenario. Beginning April 5th. Trump confirmed the 25% tariff on all auto imports, but specific reciprocal tariffs for bad actors starting on April 9th. Tariffs for bad actors starting on April 9th, and he noted they're not full reciprocal tariffs and some of them are just half like China's tariffs, and this could be across the board. But 67% were at 34%, european Union 39%, we're at 20%, Vietnam 90% and this could be.
Speaker 1:It's a mixed bag between agricultural things like Canada. Canada has like a 230-some-odd percent tariff on dairy, but what's missing here? Well, what's missing here? What's missing is the economic conditions have to be laid for these countries and other companies and multinationals and those who have capital to build here. You have to take away without abolishing the income tax, halting it, suspending it. You could suspend the corporate income tax right now and just say, for all companies, if you want to move here and build here, here's your chance. But we didn't do that, Nothing changed. Here's your chance, but we didn't do that, nothing changed. So, if you're looking at this as an economic, a strategy, if you're looking at something that's going to boost the economy? Where's the? It's just stick and no carrot. So it begs a larger question what is actually going on here?
Speaker 1:Well, if you look at some of the metrics, I want to read some headlines on the X account of Gold Telegraph. There's something else going on here. This is of march 31st. Gold closes at a record high in terms of us dollars. But let's continue to dig into this. The dollar share of total allocated exchange reserves fell to 57.8 at the end of 2024, the lowest level since 1994. Us bank stocks are headed for their worst quarterly decline since the regional banking collapse two years ago. And then this is what I wanted to talk about. I wanted to talk about In the past one year, the US dollar has lost nearly 40% of its purchasing power measured in gold. 40% gone. It says the thesis of gold was early but not wrong.
Speaker 1:I think what you're watching is language, kind of like the language that we had with Khrushchev during the Cuban Missile Crisis. The blockade was language. There's a famous scene with the actor that plays McNamara, the Secretary of Defense, robert McNamara, and they're putting up the blockade, you know, and he's talking to one of the admirals there. He says what you're watching. He gets mad at him. He's like this isn't just a normal blockade, this is language Talking about in a nuclear world, you know, a nuclear-armed Soviet empire versus the American empire 1962. That was language that was on a big chessboard Our ships stopping Soviet ships and the rest like who will do what? That's what this is, but just on a larger scale economically, and this is across the board, all countries right. This has never happened before.
Speaker 1:While I applaud economic nationalism in every way, I think the issue here is I don't think that's what you're watching. I'd like to go on record for that. I don't think this is a tool for leverage. If you look at the metrics of what's happened to the dollar in 2001, 75% of all financial transactions went on in dollars. After the invasion of Ukraine by Russia and all the sanctions passed, plus what had been trending since that. You been trending before that time, since 2001. So 2001, 75%, 2022, 54%. It's in the low 40s. Right now, the world is abandoning the dollar At the same time that we're putting trade partners in countries like Canada, mexico. We had NAFTA. The elites loved that.
Speaker 1:Ross Perot called it a giant sucking sound because it sucked the jobs and technology and wealth out of the country. Why do you think there's a Rust Belt? Why do you think we have an opioid crisis? In the Midwest and other places, people lost hope. They can't support their families anymore. The rich, the multinationals, their profits are at record highs. Pat Buchanan called it the Great Betrayal, wrote a book about it.
Speaker 1:I ran for Congress on it, by the way. I never thought I'd see this day. I was an outlier. The Dallas Morning News laughed at me. I was sitting next to John Ratcliffe, now the head of the CIA, in the meetings where they were wanting to know our politics and judging the candidates, and I talked about this. They thought it was silly. It's not even on.
Speaker 1:Neither party was going to do anything remotely adjacent to tariffs, because they both agreed that free trade works. It siphons off jobs, it enriches multinationals and that's who funds them. So what is this? And at the same time, again, the carrot is not there, just the stick. You could do away with the income tax. Tomorrow they should.
Speaker 1:There is no more fiscal balancing of budgets. We go a trillion dollars in debt every 99 days. They print it. It's out of thin air. So why even have taxes? It's not revenue neutral. When I said that, by the way, when I was advocating economic nationalism, the debt of the US was about $12 trillion. It's not that long ago, folks, it's 12 years ago or 11 years ago. Think about the accelerating rate of that. So that's what we're watching. We're watching something else. This is language, if you look at.
Speaker 1:I'm going to get into some other stories too. Today on foreign policy, antiwarcom, lots happening and it's not exactly what you think it is. On the headlines I mean Drudge can do its Operation Mockingbird all day long. They have some funny ones. Terrifying, that's good Terrifying. Trade war begins. Dow is down 1,200 points, usa emerging as biggest loser.
Speaker 1:Republican rebels to stop Trump right. Neither party is for this, neither party, you can say the Republicans are. They don't even know what they're talking about. I know this because I've worked inside the machinery of politics. It is agreed upon by both parties that free trade is the way to go. Nafta, GATT, the General Agreement on Trade and Tariffs, all of that. It's the greatest transfer of wealth in human history. So they agreed on it. Nafta you know the people that fought against NAFTA were so underfunded it was. You know it was like a throwback. You had all the lobbyists. When you go back and I know this history backwards and forwards. I know who voted for NAFTA. If you go look at the history they had like just working-class people trying to lobby Congress and then you know all the big companies were there pushing the North American Free Trade Agreement you realize the damage that's been done is criminal. That's all true. But this is something else I want to get into. We'll get into some foreign policy stuff too.
Speaker 1:I want to make sure I acknowledge the chat as well. I see Guard Goldsmith over on X. It's good to see, guard. I need to jump on the show, guard. I've got to text you my friend Liberty Conspiracy, guard Goldsmith. Go check him out Monday through Friday over on his X. I hope he's on Rumble. Shoot me your Rumble channel, guard. I'm looking over on the Rumble channel for America, unplugged Birdhouse Blues over there. Harps is in the chat. Good to see you guys. Opossum King Trumpps is in the chat. Good to see you guys. Possum King Trump should plant some money trees. They already have that. They have the magic money tree. They have the modern monetary theory. It's the magic money tree, as David Knight would say. Birdhouse Blues says After the billions of taxpayer money going to israel, I was unaware of israel penalizing our country with tariffs against us.
Speaker 1:Yeah, it is really interesting that people didn't know this and I I've known this for years and years, like countries that they preach free trade, but every statesman knows that that's not how reality works. It'd be one thing. The way that you would have free trade in a utopian sense is that everybody's on economic parity. Basically, texas is on economic parity with Ohio, so we can just trade. It doesn't matter when we have a unifying currency, so that makes total sense. They have trade barriers there. It stifles economic growth. But when you have poorer countries run by dictatorships that have no environmental oversight or anything like that, these multinationals just pick up and they say I can get back in tax-free, I'll just go build there and send it back Again. It's a Darwinian contest of survival of the fittest. That's what that's about, and the multinationals applaud that.
Speaker 1:Yeah, junior Barner over at the chat on Rumble says exactly Tony, you can't have tariffs without production, which we have none. That's my point. There's something, this is something else, and if we get caught up, I try. That's my first lesson to all of you. If you see major headlines going on like this, the first thing you center yourself and then ask what else is going on, because even for me, you're dangling this. I totally agree with it, except the fact that the other conditions haven't been met.
Speaker 1:If you read like read Pat Buchanan's the Suicide of a Superpower Ironically, the subtitle of that book I read in 2011 is right before I officially got into broadcasting and politics and the rest. The subtitle of Suicide of a Superpower is Will America Survive to 2025? And it was laying all the groundwork, showing you how we had this unsustainable path. The major theme of that economic nationalism was having production and wealth and other things that you build through a production economy. We're not doing that, and if you look at the metrics, buchanan laid that out and then I don't know if the numbers still hold, but it was basically if you put a 25% across the board tariff on manufacturing goods, it would raise about the same amount of capital and revenue as the corporate income tax. So you could do away with the complete corporate income tax and make it profitable for somebody to make something here. Incentivize them building factories here. Incentivize them investing in here. You want to know the tell here, the tell in all of this if you wanted to make the US economy explode with growth and have a renaissance like you've never seen before.
Speaker 1:Abolish the income tax, just abolish it. You can still raise revenue other ways. We could have partial consumption, you could have a tariff, you could have all sorts of things. It's like when Trump was running for office and he said I'm going to make Mexico pay for the wall, remember that. And everybody said that's impossible. Well, they're going to write him a check. I'm like they have no choice. You could put a 10% tariff across the board on non-agricultural goods. If it's not food or something coming across the board, just put a 10% tariff. It'll pay for it in three years.
Speaker 1:I did the math. They had no choice, but they never brought that up. I don't know why anybody didn't have a calculator in their pocket or just like just do the math, do the simple calculations. They never did. I mean, tariffs can be great. You could raise the revenue we don't have. There would be I've talked about this before there would be economic growth like we've never seen, but we're not talking about that. This is just a new tax, and it pains me to say it Because I'm for tariffs, but I'm for tariffs if you get rid of the other taxes. If not, it's just chaos for the sake of chaos.
Speaker 1:You understand, and while it's exciting to watch the price of gold go up, it's exciting to see all these commodities turning loose and all the rest of this and seeing the true value in stocks, which is marginal at best. What's the real? You talk about a hundred times earnings or whatever the hell these stocks are based off. I remember my dad talking to me in the nineties. You know, at the time my dad was doing. You know he had 50 convenience stores and fuel contracts and properties, all he's like. You know, if they valued my company at whatever hundred times earnings, it'd be a bill. You know billions of dollars. That's what they do on wall street. Because that's why I don't invest in wall street. I invest in what I can see, I can build, I can touch, I can do and I can create something myself. I invest in myself. I don't have stocks.
Speaker 1:Think about how much fake and everything's built on. That's why you can lose trillions. Where does it go when you lose the trillions that have like? This is the headlines right now trillions vanished from 401ks in minutes. Well, what happens if you just had some gold or silver? What do you had physical stuff? What if you didn't have all that paper? It's on paper, folks. It's called counterparty risk. That's the risk. It's a casino.
Speaker 1:So much is being exposed as fake. If you don't fix the monetary system, if you don't fix that, if you don't get away from the Communist Manifesto. Isn't that funny? History is not what it's. A History is a pack of lies agreed upon. And if you really dig into the ideology of the ruling class, the oligarchs, the lizard folk, they love communism so much and they implement it. I mean, the World Economic Forum has nothing to do with economics, or at least not economic growth. They're like killing economies. I mean they want to make sure that nobody like the standard base is 15%, like lowest for income tax. They love income tax.
Speaker 1:Can you imagine the pariah you would have been at the Constitutional Convention if you were part of the founding of the American Republic, if you'd been like well, first of all, we need to have an internal revenue service. Can you imagine? Imagine anybody that built this country saying that no, that's for the destroyers, that's for the Council on Foreign Relations Cocktail Party, ivy League elite. It's like Thomas Jefferson said merchants have no country. It's like Thomas Jefferson said merchants have no country. It's interesting to watch. That's why we're the official broadcast of the apocalypse.
Speaker 1:I'm definitely not to do. You know how easy it would be, because of this narrative, just to jump on the bandwagon. I'd have you know I could 10x or 100x my views. I definitely would 100. I'd do crazy stuff for my business. It'd be temporary, plus I'd be wrong. I'd rather just be right, or at least I'd have the best. Honest with myself, and I don't see this as what especially the sycophants see it as I'm going to call balls and strikes. I think that a lot of this can be good, but you have to have the incentive for these companies to move here as well, not just the punitive actions of tariffs.
Speaker 1:All right, I saw this article over on Kitco and I want to jump over here too. I saw this article over on Kitco. This is, I think, a smart piece and it's about a new book that's out. We can discuss a little bit. It has some good points in it. By the way, go to Arterburngold for all the updates. I'm working on the website right now. You can also uh, talk to david knight.
Speaker 1:Today I was announcing that we've got wise wolf bitcoin as well. We got, uh, those those two things wise wolf gold. Wise wolf bitcoin functioning together. We take bitcoin as cash. I'm the only no-fee broker in America. If you've got Bitcoin and want to turn it into precious metals, you can contact us, go through our website and then, of course, we buy and sell BTC. We're fully functioning. Now I'm about to put a buy Bitcoin tab up on harderburngold. So lots of announcements there. I was trying to make it just as easy as possible to get out of Luciferian Bankster notes folks.
Speaker 1:All right, this is Kitco Sound money or collapse, lawrence Leppard warns. Nothing stops. This train Sounds like me. United States is hurtling towards a monetary breaking point and, according to sound money advocate and investor, lawrence Leppard, the clock is running out. Leppard laid out the core thesis of his book, the Big Print what happened to America and how sound money will fix it, offering a scathing critique of fiat currency, federal reserve policy and the political establishment. We've built a financial system on a bedrock of sand, not sound money. It is collapsing, leppard told Kitco.
Speaker 1:According to him, the inflation, debt, inequality and social division that define America today are all symptoms of a deeper monetary disorder that began decades ago. The greatest issue of our time is the broken monetary system which leads to enormous wealth inequality. It's inherently unfair when someone can click a mouse key and create money that's what I've been saying. The criminality money that's what I've been saying. The criminality, the criminality of that is what makes all this other stuff irrelevant. It's all right, this is what I do all day long. I look at these headlines and try to dig into things, and this is my doing this for so long. So my, my thesis, I believe, is correct Until you fix this, everything else is a sideshow.
Speaker 1:You realize what's going to happen, right, like you lose trillions in the 401k markets, in the S&P, in the Dow and all this stuff, and it goes down. Well, you have a crisis. Margin calls happen. Margin calls happen. Guess what Fed has to step in? Too big to fail, too big to jail Picking winners and losers, creative destruction. Ladies and gentlemen, that's what happens. And you know, when they do that, they're going to go back to quantitative easing it's called QE. They're going to make new, like they're not already doing that, but they're going to make new currency units. And when they do that, it weakens the dollar. It creates a trade and resets the trade imbalance, and temporarily that's good, but until you have a sound monetary system. It's just going to go into less and less purchasing power. It's the perfect opportunity to create something else. You understand? This is not about tariffs.
Speaker 1:According to data from the federal reserve bank of st louis, the us m2 money supply grew from 663 billion in 1971. Think about this is this is an amazing metric $263 billion in 1971. Think about it, this is an amazing metric the money supply in 1971. Now what happened in 1971? Oh yeah, we went off the gold standard. Nixon closed the gold window on August 15, 1971, interrupted an episode of Bonanza, which is, ironically, a show about people going out west to find gold and silver. Am I the only one that ever noticed that Life's funny that way? So the M2 money supply $663 billion in 1971.
Speaker 1:By late 2024, the M2 money supply was $21 trillion. Let that sink in. That is amazing. Now what did that do? Did that make the dollar stronger and more resilient and did it hold your purchasing power? Or did you have to go out and chase value, trying to constantly house value in your work and your energy in things like 401ks? Oh, but the 401ks just lost trillions and the IRAs and the stocks and, following Jim Cramer, mad money and slamming the buy button. That's what happened to the American dream folks. That's where the criminality is. If you're chasing our politics and our duopoly of the two parties, it's not talking about this.
Speaker 1:This represents a compound annual growth rate of nearly 6.8%, a monetary expansion that Leopard says is the true driver of inflation, not corporate greed or external shocks. No, it's not corporate greed. Corporate greed In Wall Street. You know you had Michael Douglas Great movie 1987, oliver Stone. Oliver Stone's father was a stockbroker and he did the movie Wall Street. You've seen Michael Douglas' speech.
Speaker 1:You know greed for lack of a better word is good. It's an interesting take on things, very Atlas-shrugged. You know objectivism and all the rest, but that's not even how they operate anymore. Let that sink in these big multinationals. You have something called ESG environmental, social governance. You have these people like Larry Fink at BlackRock.
Speaker 1:They're talking about modifying behavior through the financial system. They'll lose billions. They do it all the time. All these conservative outlets are like you go woke, you go broke. I'm like actually you don't. You lose a lot of money but you're close ties to the fiat central banking system. Now hear me out. They get funded liquidity venture capital. Once you're tied in, if your behavior is correct, you'll stay in business. But they're not chasing profit, because profit would have something totally different. That's the insidious part of central banking right. It creates an environment socially, economically, spiritually, scientifically. It's completely out of line with the balance of reason. It's not just about money, it's living like Solzhenitsyn. You know, live not by lies. You're living a lie with fiat currency and it bleeds into everything else we're doing. And this I need to quote Shadowstats more of. He quotes john williams of shadow stats.
Speaker 1:Leopard argued that the official consumer price index, the cpi, under reports real inflation, distorting the public's understanding of economic conditions. Inflation is always a monetary phenomenon, he said, echoing milton friedman's assertion that the government has every incentive to lie about it. Leppard believes America is in the final phase of what he calls a decades-long monetary experiment that began with the Federal Reserve Act in 1913 and accelerated when the US abandoned the gold standard in 1971. He sees mounting debt as the accelerant. We're now at 120% debt to GDP. Historically, once a nation crosses the 130% threshold, a currency crisis becomes a near certainty. Well, that's it right. Well, that's it right.
Speaker 1:What do you do in a situation where you're in a looming currency, devaluation and crisis? If you know this. You don't think that the ruling class hasn't set up sophisticated simulations, trends tracking using AI and other things, wargaming that out. Three years ago or so, the Pentagon ran a Bitcoin Gen Z revolt wargame scenario of Gen Z abandoning the dollar for Bitcoin, other things like that. That's where you national security is tied to the monetary system, folks. I mean the continuity of the cog, the continuity of government, is tied to our financial system, our monetary system. They know that's how that works, which has me baffled in so many ways. Because are the calls coming from inside the house, like I always say, are they doing controlled demolition on it? Because they certainly don't seem to be propping it up. They're accelerating its decline. Is that to replace it with something else?
Speaker 1:The consequences, according to Leppard, include either a deflationary collapse, rampant inflation or a full-scale monetary reset. Right, he says we're in what I like to call the debt doom loop. Interest costs drive deficits which require more borrowing, which raises interest rates. Again, it's reflexive. He even underscores the fourth turning framework by historian Strauss and Howe. The question at the heart of the crisis is what is money, he said. According to the fourth turning theory, every 80 to 100 years, western societies undergo transformational upheavals. Ebert argues that we're deep into that cycle now, and what emerges on the other side will redefine the global monetary order Exactly. So go back to the headlines on Drudge. What are we watching? We're watching language and we're watching communication. It's not necessarily about economics. It's an underlying thing. We're resetting the global grand chessboard.
Speaker 1:The dollar is fighting for its life. The BRICS nations Brazil, russia, india, china, south Africa and you've heard me say this a million times. They have 25 other nations waiting in the wings to join. At least Nations like Saudi Arabia waiting in the wings to join. At least Nations like Saudi Arabia, iran, iraq. You got all these oil-rich countries. They're not talking about getting a BRICS currency. They're talking about abandoning the dollar system. They can do cross-border payments. That's the all these people talk. They're going to come up with a new currency. It's what Trump said. Trump said if they come up with a new currency, I'll put 100% tariffs on everything that these countries do. They're not doing that. They're making it easier for them to trade cross borders in real time outside of the SWIFT system, outside of the dollar system. That's what this is about. And you know what the world's reserve currency is it's gold.
Speaker 1:All of this is a sideshow, and it's unfortunate Because whatever happens here, when it eventually comes to a head and it won't be a good thing They'll say look what nationalism did. See you, america firsters, you nationalists, you guys, you're isolationists. See what you did? You isolated us with these tariffs and things. This is what the language that will come back. See, we were right, the liberal new world order was right and you messed it all up with nationalism. Maybe that's the plan all along. Just dump it in the laps of those of us who advocated this.
Speaker 1:Again, I'm not being a contrarian. For the sake of it, I wish it had other. If we went and abolished the income tax right now and incentivized companies to move here, this would absolutely work. The Dow would go up, the S&P 500 would go up, the currency was stabilized. At least we can have a conversation about remonetizing it, doing something different. But where's that language? I don't see that in any of the articles. That's not coming out of the White House.
Speaker 1:All right, last story of the day and we'll get into some foreign policy here. I want to thank everybody for joining us. I didn't mean for it to go so long between shows. I'm planning on being here every Thursday. Moving forward, I had some stuff to take care of. Then I got sick. I was being murdered by gain of function. I'm still feeling it. I hadn't been sick since 2016 and, uh, I let myself get run down. I just put too much on the docket. I'm just traveling and trying to, you know, take advantage of the space and history that I know that we're in. I pushed myself too hard. Even beans was like are. Like, what are we doing? Let's stay home for a week and I should have, but I got sick. I ended up fighting that back. But I'm back, better than ever.
Speaker 1:Let's look at some of the headlines over on antiwarcom Very important to watch. Like I said, anytime you see the headlines over on antiwarcom Very important to watch. And, like I said, anytime you see the headlines, always ask what else is going on. I'd like to check over on antiwar. If you want to get a good dose of reality, that's awesome. If you want to, no spoonful of sugar either. This is just straight up mainlining reality. Uh report trump preparing to bomb iran with israel more.
Speaker 1:Us airstrikes hit yemen's yemenis, the, the hutia. One civilian killed us officials. Don't't expect Ukraine peace deals soon. Ukraine energy truce in question after both sides claim violations. Israel attacks sites in Syria. Message to Turkey.
Speaker 1:China wraps up drills aimed at paralyzing Taiwan, paralyzing in quotation. Up drills aimed at paralyzing Taiwan, paralyzing in quotation. Trump's 10% global tariffs with higher reciprocal rates. Yeah, important to understand that. You know we are watching geopolitically an unraveling of the old order and an ushering in of the new, and you know there is always a possibility. This is God's. You know, everything is God's creation. So we could, maybe we'll, escape a global cataclysm.
Speaker 1:But you know, history tells me to pay attention to it. It beckons me. It says, hey, look what I did me. It says, hey, look what I did. It's never a utopian, wonderful sunshine and rainbows. Okay, human nature is human nature and we are entering the last throes of a very disgusting period in history, especially the lie that's built on a lie, which is our currency, that's built the deep state that's built the military-industrial complex that has enriched the corruption, the corrupt class that has entrenched them. And you think it's going to be easy to get rid of it.
Speaker 1:And this is global, not just in the United States of America. It's global. A lot of people have things riding on the current order of things and you see China emerging because we gave them everything. I mean, we gave the Chinese the technology and we gave them the manufacturing. We gave them the funds. We opened it up in 72, going off the gold standard. And as far as trade, I'm all for that.
Speaker 1:This is something totally different. This was a plan. You know. You got the, the tech, not the technocratic vision for the future, as maybe it's a. Like Orwell said, it's a boot stomping on a human face forever, but that's what they. They want total control. They're offshored face forever, but that's what they want total control. They're offshored. And this was a plan to move away the power and the strength and financial stability of the United States of America to a foreign nation. This was done by our elite, those, the ruling class. They pawned America's soul. This was done on purpose.
Speaker 1:So in the 11th hour, you know you have Liberation Day and then these tariffs. What do you think is going to happen? There's another headline over on Natural News. Just when you think you're out of the woods, you get stuff like this you know we're going to continue to talk about this. Nothing's off the table. This is natural news. Russia warns of catastrophic fallout if Trump bombs Iran. Escalating global tensions. If somebody can, you know it's funny. If somebody can, you know it's funny you have.
Speaker 1:I used to follow Mark Levin over on Freedom 1160 in San Antonio. I had a daily show and I'd go in live, go in the studio after I closed the shop. It would go live at 8 pm and you get like people would. So they'd call Mark Levin. You know they were excited about anything we were doing foreign policy-wise A lot of that demographic. They love to bomb people and I'd get on air and start to read antiwarcom and the phones would just die. There would be no calls. Nobody wanted to call me. They always wanted me to talk about we were bombing. So it's a hobby horse of the fox news devotees.
Speaker 1:For whatever reason and this is again the headline the kremlin warns trump's threat to bomb iran's nuclear sites could cause catastrophic regional and global consequences. Russia, iran and china are strengthening alliances with iran, supplying drones to Russia and conducting joint military drills. Russia condemns US ultimatums as reckless, urging diplomacy over military action. Well, it's hard to argue with that. Hard to if you ask the average person on the street. Like what? How does Iran threaten us? Who have they invaded? Who's? They're the number one on the street. Like what? How does Iran threaten us? Who have they invaded? Who's? They're the number one sponsor of terror, you say. But we have to. It's like that meme is like look at, iran wants war with us. Let's see how they put their country so close to all of our military bases. Don't fall for it, folks. That's a neocon pipe dream brought to you by the Israeli lobby and I will oppose that any action there. But I don't think anything's going to slow down that. We're definitely lurching towards that as we reset the chessboard.
Speaker 1:So we will be back next week, be sure, and tune in to America Unplugged on Saturdays here on this channel and Billy Ray Valentine, the great Don Jeffries. We will be going over these headlines and breaking those down. Arterburngold is my website. Go check out the new Wolfpack memberships. We just launched Sigma Wolf last week. That's at $750. So we've got a nice break between the $5,000 and the $1,000, and you can do one time and you can pick gold, silver or mix and I'm trying to make it as easy as possible to get out of those Luciferian bagster notes, get out of that fiat and into something real. But I appreciate each and every one of you. I'll be back next week for sure. So take care of each other, okay. End of transmission.