The stock markets have taken a nosedive in the biggest downtrend since the start of the COVID-19 pandemic in 2020. But that's nothing compared to what's coming thanks to our government's embrace of modern monetary theory, warned BlazeTV's Glenn Beck on the radio program.
"It really is important that you understand what's happening to us," Glenn stated. "Modern monetary theory is truly the [fuel] ... for the great reset. It is the idea that we can print as much money and spend as much money as we want," he explained.
"Then the next step is to release the Federal Reserve digital currency and make payments by other currencies [including cryptocurrencies] illegal," he continued. "And you're seeing it happen now in real time. Why would they do this? Because you cannot print this kind of money without having absolute control over how it is spent."
Glenn broke down the steps powerful political organizations — like the Federal Reserve — will take to end currency competition and enact a Federal digital dollar, which will allow for the government to have complete control over how we spend our money.
"This is what's coming. This is coming quickly, and events will make it move faster. For instance, why is Joe Biden basically giving Ukraine to Russia? He's giving it to them. He he knows Russia's not afraid of him. Putin knows that [Biden] is not going to do anything ... neither is NATO. They're not going to do anything," Glenn said.
"It's because war resets everything. War is the best great resetter. Changes boundaries. It changes borders. It changes laws. It changes societies. It changes currencies. It changes everything. And in the end you just want the war to stop. And so you you accept whatever it is the terms are that you're going to have to live under now. We're in very, very dangerous times. The only way to survive this is to know why they are dangerous times."
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