The Incredible Shrinking Dollar




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The one thing tonight is a question: why?

Why is no one in the media or government speaking out when huge U.N. countries — like China, Russia and France — publicly attack the U.S. dollar and support dropping it as the world's currency?

Maybe it's because most people simply don't understand the consequences of what that would mean for America.

Fortunately, I've been reading up on this for a while now, so let me try to explain it in plain English:

Before World War II, we were on the gold standard. For every dollar we printed, there was a dollar's worth of gold in the vault. After World War II, a bunch of countries got together and said: You know, this whole "putting gold into a vault" thing is really tedious. What do you say we just value gold at $35 an ounce and base our currencies off that?

It was the beginning of the end.

America could now issue paper money as basically IOUs to the world, where each dollar could buy a dollar of gold; gold that didn't have to actually exist.

Now, fast forward to 1971:

After the free spending of the Vietnam War and Great Society, America only had three realistic options: stop the war, stop the Great Society or slow everything down so that we accumulated enough gold to afford it all.

Instead, we chose a fourth option: If you can't win the game, change the rules.

That year, Richard Nixon abolished the fixed price of gold, and, for the first time ever, our printing presses could start running 24/7 without regard to that pesky little thing called collateral.

I'm 45-years-old and when I was growing up this country was the world's biggest lender. But because we left the gold standard, we are now the world's biggest borrowers. If we can't afford something, we just go into our basement and print up some more money.

If you did that, you'd go to jail for counterfeiting — since nothing is backing that money up. Now, finally, our country is going to pay a penalty as well.

After monetizing $2 trillion of debt in the last two weeks alone, our lenders are saying enough is enough. They want out.

As Rupert Murdoch, CEO of FOX News Channel's parent company, recently said: "We are in the midst of a phase of history in which nations will be redefined and their futures fundamentally altered."

Call me a suck-up if you want, but I couldn't agree more. Our future is being altered right now, right in front of your eyes. And yet no one seems to care.

Again, I ask you the same question I started with: why?

What do you think? Send your comments to: glennbeck@foxnews.com

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After imprisoning a pastor for refusing to follow COVID-19 restrictions, Canadian officials barricaded his church. And when some church members retaliated by tearing down part of the fence, Canadian Mounties arrived in riot gear.

Rebel News Founder Ezra Levant joined Glenn Beck on the radio program to give his insight on the crazy situation. He described the new, armed police presence surrounding GraceLife Church in Edmonton, Alberta, and how it not only encouraged hundreds of protesters to stand with the church in support but forced congregation members underground to worship as well.

What's happening is eerily similar to what occurs everyday in China, Levant says, and it must stop. Who would have thought this type of tyranny would be so close to home?

Watch the video below to hear Ezra describe the religious persecution taking place in Canada.


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Enough prayers? Why is supposed Catholic Joe Biden suggesting that Congress ought to stop praying for after someone commits acts of gun violence?

On Friday, Stu Burguiere and Pat Gray filled in for Glenn and discussed President Joe Biden's remarks during his speech on gun control. "Enough prayers. Time for some action," Biden said. Stu and Pat were surprised how dismissive Biden appeared to be on the idea of prayer.

Watch the clip to hear more. Can't watch? Download the podcast here.

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Just days after Canadian pastor James Coates was released from prison for refusing to bow to COVID-19 lockdown restrictions, several police officers showed up at another church to ensure restrictions were being followed. But Polish pastor Artur Pawlowski of the Cave of Adullam Church in Alberta, Canada, knew his rights, telling the cops not to come back until they had a warrant in hand.

Filling in for Glenn Beck on the radio program this week, Pat Gray and Stu Burguiere played a video of the interaction.

"Please get out. Please get out of this property immediately. Get out!" Pawlowski can be heard yelling at the six officers who entered his church.

"Out! Out! Out! Get out of this property immediately until you come back with a warrant," he continued. "Go out and don't come back. I don't want to talk to you. You Nazis, Gestapo is not allowed here! ... Nazis are not welcome here! Do not come back you Nazi psychopaths. Unbelievable sick, evil people. Intimidating people in a church during the Passover! You Gestapo, Nazi, communist fascists! Don't you dare come back here!"

Watch this clip to see the heated exchange:

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One of the most dangerous existential threats to the United States is Critical Race Theory, or CRT. As Glenn Beck has exposed over the past year, CRT is gaining momentum and has been preached in our universities for a while now.

Then last August, leaked documents revealed that Marxism, activist ideology of Black Lives Matter, is making its way into grade school classrooms across the country. And since then, things have only gotten more intense.

On next week's Wednesday night special, Glenn will expose the new ways progressives are systematically indoctrinating our kids and culture with this dangerous ideology. But first, it's crucial that you know what your kids may already be learning.

"What I'm about to show you is just the beginning," Glenn said, introducing the leaked documents.

"I found it shocking that Black Lives Matter supporters have developed lesson plans that start from preschool all the way up to the 12th grade," he continued. "Do you know the money it would take to tailor things ... and get it out to the schools and the unions for each age, to be able to brainwash the kids on Marxism and how to destroy capitalism by using race, sexual orientation, and gender?

"Our children don't stand a chance," Glenn added later. "They're not being taught anything except how to be radical activists. What the hell has happened?"

Watch the video clip below or find the full episode here.


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