Glenn Beck: Why we lose the War Game with China


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GLENN: I said this morning we were in an early morning meeting and I'm walking to work with Joe, one of my researchers, and we're talking about things and I have been telling you for a while about China. There's been something wrong with China and the IMF. I don't know, I said this just yesterday, but I have been working on something for the last couple of weeks and as you know, if you listen to this program, you know that things stick out. They're inconsistent and something there's always just a thread and something's wrong here. Something's wrong. The IMF, a few weeks ago, decided they wanted to sell all of their gold, so they wanted to sell all of their gold. They're the third largest gold reserve in the world. Well, why would the IMF want to sell all of their gold?

That's an asset. Didn't make sense to me. I started looking at it because it didn't make sense to me and what does that mean?

How much gold did they have?

How much would that actually make the price of gold go down if they sold it. Well, something didn't seem right because the IMF can't sell it unless we say it's okay. A couple of things have happened since we started looking into this. We found that, yes, we do have the veto power. IMF can't sell it and why I was concerned is because if they sell their gold what do you buy gold with?

If you're China and by the way, that was the next step we found, China asked them to sell their gold. Well, how would China buy that gold?

They would buy that gold with U.S. currency. Not the Yen. They buy it with U.S. currency. Where would they get that currency?

Out of the trillion dollars that they have sitting in their reserve. That's their gold standard, our currency. We violated it. They know we're not good for the money. So they're taking their currency, U.S. currency and they want to buy up gold. Veto power, guess who's on the bandwagon to allow the IMF to sell the gold?

Found this out last night, Barney Frank. Barney Frank is leading a campaign now to allow the IMF to sell that gold. This morning, as I'm walking to work I said to Joe, Joe, this is what I would do if I were China. If I were China because there was another story in the paper today about our U.S. Treasuries. The Federal Reserve bank remember I told you we were now monetizing our own debt?

We were buying our own debt, we were buying it through the treasury, I'm sorry, through the fed. The fed said we'll buy it and you give us an IOU. You print the money and give it to us. We'll buy your debt, okay. We're monetizing our own debt. Well, it come out in the paper that now the Federal Reserve, which we can't really see their books, the Federal Reserve has bought $100 billion of our debt. They're about to spend another $200 billion of our debt. So we have now our debt not being sold to China, nobody will buy the 30 year treasury, nobody. We can't sell these things. So we're buying our own treasury. We're buying our own bonds. We're buying because the rest of the world won't. China has slowed dramatically down so I said, you know, if I were China, if I looked at this as my business, this is my this is my life. This is my family's money, and I had all this money invested in a company that I thought was going to go down but I was one of their biggest shareholders and I didn't want to spook the market, here's what I would do, I would I would slow down my buying of that company's stock. I wouldn't shut it all off because I wouldn't want people to say, oh, my gosh, they stopped buying the stock. I just slow it way down, and I would say, look, I'm concerned. And I'm still buying some but I'm concerned about it. Then I would start taking some of the assets that I had from that company and I would start trading that which is our currency they hold. I would start taking that currency and I would say, hey, you've got any commodities over there. Why don't I buy some gold?

Can I buy some of your gold buying up gold mines, they're buying up commodities, the raw commodities like nobody's business of how much they bought in the last eight months. What are they buying?

They're buying it with our reserve currency. So they're slowly getting rid of our reserve currency. As soon as I got rid of the reserve currency, then I would start slowly getting out of the bonds. Well, what does that mean?

It means that giant inflation would come because our dollar would no longer be - there would be too many dollars from China and nobody would be buying the bonds. This is what I laid out this morning and then I find a story about a new war game that has just been done. This time, the Pentagon didn't do it with bullets, they did it with money. We lost and we lost to China. How did we lose? We lost the war game because the winning side was China. We lost the war game, it was an economic war game done by the federal government. What did they do?

Slowly sell assets of the United States and buy commodities. Exactly what they're doing.

How does a sports writer know how to fix America, and America's racial dilemma?

In a special edition of the "Glenn Beck Radio Program," Outkick sports columnist Jason Whitlock filled in Tuesday for Glenn to explain how we can bring America back together, lean into racial harmony, and restore the values of our Founding Fathers. Because if not us, then who will?

Jason started out by explaining how, during a recent appearance on the program, he felt a spiritual connection with Glenn, regardless of physical differences, as both share a common passion for God and country.

"Glenn and I share a kindred spirit. A kindred passion," Jason said. "We have two things that we love and are passionate about: God and country. I am not a minister. I'm a flawed sinner just like Glenn and just like you. But I am a believer. Believers share an energy that connects them, that cuts through our physical differences and makes those differences irrelevant relevant. That's what I felt when I met Glenn, an energy and a spirit that connects us. We are broadcasters, media personalities, operating in separate spaces, trying to talk to Americans, who share our passion."

Jason went on to say that he believes there are forces operating, both outside of and inside America, that are working to separate America from God, and that much of what we've witnessed in 2020 — from the racial division stirred by the mainstream and social media, to the rioting and looting by Antifa and Black Lives Matter, to the "remaking of the sports world into a shrine that celebrates resisting criminal suspects and denigrates this great country at every turn" — are symptoms and consequences of America's enemies separating God and country.

"We are one nation under God. We are nothing without Him," Jason continued. "The flawed sinners who founded this nation baked God into this country with their Declaration of Independence. We hold these truths to be self-evident, that all men are created equal. That they are endowed by their creator with certain unalienable rights. That among those, are life, liberty, and the pursuit of happiness. The foreign and domestic enemies of this nation are baking a new American cake. God isn't an essential ingredient in this new cake. He isn't an ingredient at all. The removal of faith is sewing the disharmony that is terrorizing and destroying the United States of America.

"Why am I here today? I'm here to tell you how we take our country back, how we restore the freedoms and the liberties our enemies seek to remove in their remaking of a godless America."

Watch the video below to hear more from Jason Whitlock:

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One of the most shocking things British journalist, political commentator, and author of "The Madness of Crowds," Douglas Murray witnessed during his recent stay in America, was how many Americans are acting as if they live in 1930s Germany or behind the Iron Curtain, afraid to stand up and speak out because they're afraid of the consequences.

Murray joined the "Glenn Beck Podcast" this week to explain why he believes the state of America is actually worse than we realize, and how the Left's obsession with rewriting history has ushered in guilt, fear, and a "silent majority."

Murray said he's particularly "fed up" with those on the Right who are afraid to voice their opinion because they don't want to become the target of leftist mobs on social media.

"Do you think anyone in history who told the truth had an easy time? You've got the easiest time that any opposition movement ever did in history," Murray said.

"You cannot have these people in America living in a free society — which is for the time being free — pretending that they live under the circumstances of Jews in 1930s Germany," he added. "Speak up. Speak out. Don't be a silent majority; be a very damn noisy majority. And don't put up with the oppression of people who are totally insincere ... they want to make money. They want to win. Nothing more. Call them out ... and get back to what you should be doing as a nation."

Watch the full interview with Douglas Murray below:



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New York City shut down its schools over the coronavirus with barely any notice. But even before that, Governor Andrew Cuomo apparently wasn't in the mood to be asked about it, and he made that very clear to reporters.

Asked on Wednesday whether parents could expect schools to be closed as soon as Thursday, Cuomo mocked reporters for their "obnoxious and offensive" questions and accused them of not paying attention. Watch the testy exchange for yourself here.

On Thursday's radio program, Glenn Beck and producer Stu Burguiere had plenty to say about Stu's least favorite governor and the decision to close schools. But Glenn also offered his own theory on why coronavirus restrictions have become so political: Americans refuse to be forced into submission.

Watch the video below to catch the conversation:

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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.

Subscribe to BlazeTV today with our BEST DEAL EVER for $30 off with promo code GLENN.

Everything comes down to the two Senate runoffs in Georgia. If we lose both races, we lose the country. Democrats know this and are pouring in millions to usher in a Marxist agenda.

As the Left tries to hide how radical the two candidates really are, Glenn takes us inside the Democrat war room to expose the wolf in pastor's clothing, Raphael Warnock, and America's Justin Trudeau, Jon Ossoff. Socialism, the Green New Deal, and "defund the police" are all on the table. And Glenn warns of what's to come if conservatives don't activate: Chuck Schumer will weaponize the Senate, and the radical Left will launch an all-out assault to ravage the Constitution.

Watch the full special below:

The election and its aftermath are the most important stories in America. That's why we're offering our most timely discount ever: $30 off a one-year subscription to BlazeTV with code "GLENN." With BlazeTV, you get the unvarnished truth from the most pro-America network in the country, free from Big Tech and MSM censors.