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.


 

During his campaign, President Joe Biden survived scandal after scandal involving his son Hunter — the Ukraine/Burisma scandal, the laptop scandal, the one involving a stripper from Arkansas and a long-lost child. And yet, after it all appeared to have been swept under the rug, Hunter has now released a memoir — "Beautiful Things."

Filling in for Glenn Beck on the radio program this week, Pat Gray and Stu Burguiere discussed Hunter's "horrible" response when asked on "CBS This Morning" if the laptop seized by the FBI in 2019 belonged to him and reviewed a few segments from his new book, which they agreed raises the question: Is Hunter trying to sabotage his father's career?

Watch the video below for more:


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Countless corporations — from Delta Air Lines, Coca-Cola, and Porsche to UPS and LinkedIn — are calling out the Georgia voting laws, calling them "restrictive," "racist," and "discriminative." Meanwhile, words like "stakeholder" and "equitable" are starting to show up in their arguments.

On the radio program, Glenn Beck gave the "decoder ring" for what's really going on here, because our society is being completely redesigned in front of our eyes.

There's a reason why all these big businesses are speaking out now, and it has very little to do with genuine ideology, Glenn explained. It's all about ESG scores and forcing "compliance" through the monetization of social justice.

Glenn went on to detail exactly what ESG scores are, how they're calculated, and why these social credit scores explain the latest moves from "woke" companies.

Watch the video below to hear Glenn break it down:

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Dallas Jenkins is a storyteller — and he's telling the most important story of all time in a way that many believed was impossible.

Jenkins is the creator of "The Chosen," a free, crowdfunded series about the life of Jesus that rivals Hollywood productions. And Season 2 could not have arrived at a better time — on Easter weekend 2021. Church attendance has dropped, people are hungry for something bigger than all of us, and many are choosing social justice activism, political parties, or even the climate change movement as "religions" over God.

This Easter weekend, Jenkins joined Glenn on the "Glenn Beck Podcast" to discuss the aspects of Jesus that often get overlooked and break through the misconceptions about who Jesus really is to paint a clear picture of why America needs Emmanuel, "God with us," now more than ever.

Watch the full podcast below:

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.

Award-winning investigative journalist Lara Logan joined Glenn Beck on the radio program this week to argue the Biden administration's border crisis is "enabling" drug cartels, allowing them to exploit migrants, use border wall construction roads, and cross the border much more easily.

Lara, who has witnessed and experienced firsthand some of the worst violence around the world as a war correspondent for CBS News, told Glenn it's "not an overstatement" to call the cartels in Mexico "the most violent and powerful criminal organizations on the face of the earth." And while they're "at war with us, we've been asleep at the wheel."

But Lara also offers solutions that the U.S. can enact to stop these horrific atrocities.

"There's more than 30,000 Mexican civilians who are massacred every year in Mexico by the cartels. And that's just the bodies that the Mexican government owns up to or knows about, right?" Lara said. "There's Mexicans buried in unmarked mass graves all across the country. I mean, everyone knows that the violence of the cartels is not like anything anyone has ever seen before. It even pales in comparison to, at times, to what terrorist groups like ISIS have done."

Lara went on to explain some of the unspeakable acts of violence and murder that occur at the hands of the Mexican cartels — 98% of which go uninvestigated.

"That's not unprosecuted, Glenn. That's uninvestigated," Lara emphasized. "[Cartels] operate with impunity. So the law enforcement guy, the policemen, the marine, the National Guardsmen, who are trying to do the right thing, who are not in the pocket of the cartels — what chance do those guys have? They've got no chance. You know where they end up? In one of those unmarked graves."

Watch the video below to catch more of the conversation:

(Content Warning: Disturbing content)



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.