Kerry’s shock claim: Dollar will 'cease to be the reserve currency of the world' if U.S. drops Iran deal

The Obama administration has been doing a hard push for the Iran nuclear deal, but the latest claim from Secretary of State John Kerry may have crossed the line. Kerry claimed that if the U.S. walks away from the Iran nuclear deal, the dollar will no longer be the reserve currency of the world. Wow.

Watch the video below via Real Clear Politics:

"Do you know what it is? Can anyone else explain this? What did he just do?" Glenn asked. "You now have a State Department, a top administration official actually declaring that the dollar, the US dollar will no longer be the world's currency because of something that there is no way that has anything to do with [The Iran Deal]."

"To me that says something additional. We're closer to the end of the reserve currency status than I thought... For him to say that, that's a very big deal."

"Remember, I said the United States dollar would not be the world currency -- would no longer be the economic reserve currency. What did they say about me?"

"Why? It would never happen. Nothing. I had been a kook for seven years for saying that. Now you have the head of the State Department coming out and saying, if you don't go with that vote, the dollar will lose its reserve currency. So you understand, America, what that means. Because America doesn't understand this."

"If you lose your reserve currency, what everybody does is currently, instead of holding gold, they hold dollars in their bank. That's their dollar. That's their gold. Okay. So they can stay afloat because they have, you know -- $100 billion literally, $100 billion, digits, actual cash, in a bank. They hold it in their treasury. If they say, you know what, I'm going to get rid of these dollars and I'm going to go with the ruble. Or I'm go to go with the Chinese. Or whatever. I'm going to go with gold. If they do that, when the world says I'm no longer holding the dollar. They sell those dollars and buy something with it. So they say, I want to buy the yen. The Chinese yen. I want to buy $100 billion of the Chinese yen. They take that money and give it to the Chinese. They buy it with that."

"All this money, all this cash, is now in the system that had been locked up in vaults. You have hyperinflation overnight. It means you don't -- you have plenty of money. It means every dollar you have earned. Every dime you have in the bank is suddenly worthless. We are Zimbabwe overnight."

"People have to understand what he just said. That is shocking," Glenn said.

How many times must the corporate media get something completely wrong — and attack anyone who dares to disagree — before we realize who they have become?

On the radio program Friday, Glenn Beck shared an article from the Daily Caller titled, "Eight Anti-Trump Narratives the Media Finally Had to Admit Were False All Along." From the Lafayette Square controversy to the denial that COVID-19 could have anything to do with a lab in China to the "Russian bounties" story, the list of mainstream media conspiracy theories goes on and on. If it were anyone but the liberal media who got the facts this embarrassingly wrong, they would have been out of a job long ago.

Watch the video clip below to hear eight of the most anti-Trump the narratives shamelessly pushed by the media — that were completely wrong.


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Former President Barack Obama sat down with CNN's Anderson Cooper recently for an interview scheduled to air in full on Friday. During the interview, Obama scoffed at the idea that critical race theory could be a "threat to our Republic," while claiming that "right-wing media venues" are "stoking the fear and resentment of a white population."

On the radio program Wednesday, Glenn Beck set the record straight: the right-wing media's efforts to call out the far-left have nothing to do with race in America, but rather everything to do with protecting our way of life that is being threatened more and more each day by the radical, Marxist ideology seeping into government.

"Mr. Obama, you lied," Glenn asserted. "You used the IRS to hunt down your enemy. You spied on the media. And your health care package, which was supposed to save every American $3,000 per year, has helped some, perhaps, while raising the cost of everyone's health care in double and triple percentages. But the worst thing that you did, is you planted, you watered, and you protected the Marxist seeds, by crying race."

Watch the video clip below to hear more from Glenn:

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Our sacred republic has never been in more danger than it is today. Little by little, industry by industry, the far Left is fundamentally transforming the country we love. And it's an aggressive, hostile kind of takeover we've only seen in some of the world's darkest societies.

On Glenn TV this week, Glenn Beck exposes how the Biden administration and Democrats are aggressively scrambling to reset everything: our free and fair voting system, our kids' education, our policing, immigration and border security, our economy, our military, and our energy supply.

Finally, Congressman Dan Crenshaw (R-Texas) joins to discuss how Biden's "woke" policies are threatening America's national security and our way of life.

Watch the full episode below:

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Apparel company The North Face recently stated that it would no longer make jackets for oil and gas companies because it doesn't want to be associated with the fossil fuel industry. In response, Colorado-based oil and gas company Liberty Oilfield Services rented full billboard ads to remind The North Face of the truth: "Globally, 60% of all clothing fibers are made out of oil and gas. For North Face, it is likely 90% or more."

Liberty CEO Chris Wright joined Glenn Beck on the radio program Tuesday to discuss just how much of our economy — beyond outdoor apparel and energy — wouldn't exist in a world without fossil fuels. And he warns that many companies are now deeming this truth to be "controversial."

"I have been for years, trying to get a real, honest dialogue about energy going," Chris told Glenn. "So we took this opportunity to point out that North Face jackets are ... almost completely made out of oil and gas. How can you choose not to associate with the essential material your equipment [is] made out of? So we put a billboard up ... the billboard says, 'That North Face puffer looks good on you. And it was made from fossil fuels.'"

"Most billboard companies did not want to run that billboard. They thought it was controversial," he added. "And Facebook put a hold on our brief video just saying the jacket looks good, this is what it's made out of. In today's world, that is controversial."

Watch the video below to catch more of the conversation:

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