Glenn Beck: Declining Dollar



Related: Russia and China Ditch U.S. Dollar for Bilateral Trade

GLENN: Okay. We've got probably the spookiest dude ever. I mean, when I asked for somebody, an expert on a dollar, do we have to go to the guy who makes me cry myself to sleep at night? Damon Vickers from Nine Points Capital Partners in Seattle, I believe he's from Seattle. Damon, are you on the phone?

VICKERS: Yeah, I'm on the phone with you. Good morning, Glenn? How's it going?

GLENN: You are in Seattle, aren't you?

VICKERS: I am, where it's ‑‑ although the last couple of days it looks more like Alaska.

GLENN: Has it been real cold up there?

VICKERS: It's really cold. We've got ice storms and the city's shut down.

GLENN: Holy cow.

VICKERS: It was kind of like an ice skating rink for the last few days.

GLENN: Global warming.

VICKERS: It must be.

GLENN: I want to ask you about China and Russia making the deal. Have you seen this news yet?

VICKERS: I have seen it. I'm looking right at the photo, yeah.

GLENN: Okay. So what does this mean, Damon?

VICKERS: Well, I guess it means that they are really concerned about the weakness in the dollar. They're concerned about the fact that dollar is not a real viable currency because it's just so weak. I mean, you know, one of the things you've been covering on your show is the whole idea about inflation, hyperinflation, how does that happen, how does that happen to an economy, a world. And it's happened dozens and dozens of times. I mean, it's happened to almost every country in the planet.

GLENN: If I'm not ‑‑

VICKERS: Including the U.S.

GLENN: If I'm not mistaken, no one has ever in the history of the planet done what we are doing currently to our money and survived.

VICKERS: Uh, yes, that's accurate.

GLENN: Okay.

VICKERS: The end result was inflation that went through the absolute roof. I mean, whether ‑‑ I mean, it has hit ‑‑ it hit Greece, it hit China, Argentina, Brazil, Bosnia, Herzegovina, Zimbabwe. 231 million percent inflation as their currency disappeared and they all had the same basic precedents taking place. One was just the overwhelming amount of service on the debt, it just became totally unsustainable and the government kept on printing money to keep the illusion of prosperity and keep everybody kind of deluded. But the printing of money was like the, always the last desperate act that crashed the currency. China and Russia are not ignorant. They see this. They have something that we don't have, which isn't the case of China. They have got a tremendous pool and resource of labor. That's a real value that works at a good rate, about $1.50 an hour. And then you've got Russia which has a tremendous pool of what? Resources. Russia has tons of oil, tons of minerals, tons of forests. So those countries that actually have real things versus promises and IOUs which the United States has emerged into a country that has a tremendous abundance of are in a much more firmer position to dictate terms on a global basis. So this is a very interesting move between China and Russia.

GLENN: Is this a tremor? Is this something that people who, other countries say, okay, this is the first step towards getting out of the dollar and so I see what's the ‑‑ the handwriting is on the wall? Or is this something ‑‑ is this significant?

VICKERS: Well, I think it is significant because these ‑‑ Russia is one of the largest oil exporters on the planet and China is the principle manufacturing base for the planet right now. So for them to say that they are not ‑‑ they don't feel confident in facilitating trade as using the dollar as a base is significant. Keep in mind the reason why the dollar is ‑‑ kind of became the global currency of the world was because there were so many other currencies around the planet that failed and so, you know, they weren't ‑‑ you know, the unreliability of all those countries that we just mentioned, Zimbabwe and Zaire and all that kind of stuff that effectively we moved to the dollar because it was thought that the dollar was stronger and can be more stable. But with the type of weakness that we've seen in the dollar over the last year, over the last several years, over the last 30 years, it doesn't make sense for them to keep using it as a reserve currency. Because they will lose money by the time ‑‑ imagine, so you and I, Glenn, imagine we're countries and I sell you something and you need to pay for it six months from now, right? That's like settlement. When the goods finally, you know, finished and you get them and all that kind of stuff. But the dollar ‑‑ the money that I pay you with, right, if it's not stable, if it goes down in value and let's say 7, 10%, that means you are going to get 7 to 10% less. So you need a stable ‑‑ we need a stable ‑‑

GLENN: Right. We're screwing the rest of the ‑‑ while we're doing this and saying, well, we've got to bail all these things out, we've got to do this and this, we're screwing the rest of the world hard. They hate us. In the end we will destroy them along with destroying us if they just go along this route with us?

VICKERS: We need some type ‑‑ the West ‑‑ it's not just us, Glenn. It's also Western Europe, it's also, you know, the Spains, the ‑‑

GLENN: Sure.

VICKERS: The Irelands. It's really all of Westernized economies. And I think more, even more perverse than that is it's not just our currency that's at stake. It's the Democratic, what we know as the Democratic system.

GLENN: Yeah.

VICKERS: Is at stake. Because the more powerful, more efficient, more functional economies on the global basis are China and Russia. They are more competitive and they have a better form of efficient production and change and more ‑‑ they have a better form of functional ‑‑

GLENN: Well, it's called state capitalism but really it's national socialism.

VICKERS: Yeah. Well, they're definitely sick people.

GLENN: Yeah. So ‑‑

VICKERS: The Chinese we can stop at the fact that we don't want to cut monkeys' heads open on tables, yeah.

GLENN: So Damon has ‑‑ by the way, he's writing something on hyperinflation in today's e‑mail newsletter available at GlennBeck.com, but talk to your family about this during Thanksgiving. Damon, if I could ask you two things before we cut you loose. One, what should people tell their families as everybody is gathering for Thanksgiving, what is it they should be telling their families to prepare for or to do? And what can the average person ‑‑ I mean somebody who has very little in a 401(k) or ‑‑ for instance, my daughter is dating somebody who has a 401(k). He's 25 years old. He doesn't know what to do. And what do you do?

VICKERS: Well, I think, one, be aware. I think you do an outstanding job of covering, covering conversations and areas of thought that most people are too scared to talk about or even look in the box. So the fact that we're talking about I think is a great thing. The currency, the changes that are on the horizon are real. They're in place. The momentum is moving in that direction and I think we begin talking about it. I think we begin having a constructive conversation as to really what we want our world to look like because we're in the process, and I write about this in The Day After the Dollar Crashes, that we're in the process I believe of transforming and emerging into a new, perhaps a new type of global government. And it's ‑‑ I think it's important for us now at this point to begin talking about it and talking about what we would like that to look like. And in terms of the currency situation, you know, it's crazy. You know, you talk about Zimbabwe. Zimbabwe in 1980 was roughly at parity with the U.S. dollar. Dollar for dollar in 1980. And I believe it went as high as 100 trillion to one, and that's just crazy. So if anybody doesn't believe that, we're offering a free $50 trillion Zimbabwe note. This is actual legal currency tender in the country of Zimbabwe.



Related: A genuine $50 Trillion Zimbabwe Bank Note, actual legal tender in the country of Zimbabwe.

GLENN: I have some.

VICKERS: $50 trillion note for free for the first 300 callers. Call 1‑800‑553‑0553, 800‑553‑0553. Take a look at this thing. $50 trillion. And it used to be worth $50 trillion and now $50 trillion can't even buy you a cup of coffee.

GLENN: If we just had a few of those, we could just pay off the debt and then some. Vic Vicky know it, I know it.

GLENN: Damon Vickers, Nine Point Capital Partner and author of the book The Day After the Dollar Crashes it's not out yet, right?

VICKERS: It's not out yet. They rushed it up to January ‑‑

GLENN: Could you get a copy of it to me right away?

VICKERS: Oh, absolutely. I think we sent you the manuscript and at one point thanks to your show and the power of Glenn Beck, it hit the top 20 nationwide.

GLENN: Okay, good. Well, when it comes out, we'll talk again.

VICKERS: Absolutely.

GLENN: The Day After the Dollar Crashes, Survival Guide For the Rise of the New World Order, which is spooky. All right, Damon, thank you very much.

VICKERS: All the best.

GLENN: Appreciate it. Bye‑bye.


 

A "one-world government" is being formed right now and it’s called the Great Reset, Glenn Beck said on the radio program Monday. And now, rebuild plans for the fire-damaged Notre Dame Cathedral hint at the formation of a global church, too.

In this clip, Glenn detailed plans for the iconic, 850-year-old church’s "woke" renovations that sound more like a 'politically correct Disneyland' complete with a "discovery trail," "emotional spaces," and 14 themed chapels.

"Notre Dame is now being built back better as a 'woke theme park' dedicated to environmentalism and social justice," Glenn explained.

"There will be several different chapels within, [for example] a chapel for social justice, and then chapel for environmental justice," he continued. "Which leads me to this point. The 'one-world government' is being formed, right now. One-world government. It is being formed and it's called The Great Reset."

Glenn went on to predict that one of the first steps in the direction of a one-world government will be a push for a global religion.

"I think we're seeing the first church now being dedicated to the new global religion — and it is social justice, environmental justice, and all this gobbledygook. We all know, it's not just wrong, it is dangerous. That's the first church, the cathedral of Notre Dame, in France, is the first global church. Mark my words. Christian, Jews, Muslims ... this global church will bring darkness unlike you've ever seen."

Watch the video clip from "The Glenn Beck Program" below:

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The Omicron COVID-19 variant: Should we ACTUALLY panic?

Photo by OLI SCARFF/AFP via Getty Images

As the new Omicron variant of the coronavirus approaches, it seems like those in power want everyone to be terrified, Glenn Beck argued on the radio program Monday.

The chair of the World Medical Association's Council, Frank Ulrich Montgomery, is already comparing the variant to Ebola and New York Gov. Kathy Hochul (D) has declared a state of emergency, despite the doctor who announced its discovery describing the new variant's symptoms as "unusual, but mild." So, should we really be worried or not?

In this clip, Glenn and producer Stu Burguiere reviewed what we know about the Omicron variant so far and gave a few reasons why we should wait for more information before succumbing to panic.

Note: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-related questions & concerns.

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Faced with an oppressive government that literally burned people at the stake for printing Bibles, America's original freedom fighters risked it all for the same rights our government is starting to trample now. That's not the Pilgrim story our woke schools and corporate media will tell you. It's the truth, and it sounds a lot more like today's heroes in Afghanistan than the 1619 Project's twisted portrait of America.

This Thanksgiving season, Glenn Beck and WallBuilders president Tim Barton tell the full story of who the Pilgrims really were and what we must learn from them, complete with a sneak peek at the largest privately owned collection of Pilgrim artifacts.

Watch the video below

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To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Saule Omarova, President Joe Biden's nominee for comptroller of the currency, admitted she wants to fight climate change by bankrupting coal, oil, and gas companies. Alarmingly, Biden's U.S. special climate envoy, John Kerry, seemed to agree with Omarova when he said "by 2030 in the United States, we won't have coal" at the COP26 conference in Glasgow, Scotland, earlier this month. But that could end in massive electrical blackouts and brownouts across the nation, BlazeTV host Glenn Beck warned.

Carol Roth, author of "The War On Small Business," joined "The Glenn Beck Program" to explain what experts say you can do now to prepare your family for potential coming power outages.

"It's interesting. Usually when I go out and talk to experts in areas that are not 100% core to my area of expertise and I say, 'I would like to give you credit.' Usually I get, 'OK, here's how you credit me.' But everyone is like, 'No, no. Let me tell you what happened, just don't use my name.' And this is across the country," Roth said. "This isn't just a California issue, which obviously [California] is leading the nation. But even experts out of Texas, people who are monitoring the electric grid are incredibly concerned about brownouts or blackouts now, already. So forget about 2030."

"You want to have a backup source of power," she continued. "Either a propane, diesel, or combo generator is something that you're going to want to have. Because in a state, for example like Texas, I'm told that once the state loses power, it will take a minimum of two weeks to restore plants back to operations and customers able to use grid power again. So, this isn't something that we've got nine years or whatever to be thinking about. We should be planning and preparing now."

Watch the video clip below to catch more of this important conversation:

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