RADIOJune 23, 2023

Glenn: If THIS happens to the dollar, YOUR LIFE will COMPLETELY change

Is the U.S. dollar healthy, or is it currently experiencing a dangerous decline? Carol Roth, financial expert and author of the upcoming book ‘You Will Own Nothing,’ joins Glenn to explain how China — possibly with the help of Saudi Arabia — is ‘working on clawing their way up’ to end the petrodollar. And if that happens, Glenn says, life as you know it in America will be ‘completely different.’ So, in this clip, Carol explains why it’s HUGELY important to have a plan in place in case a dying dollar leads to international chaos…

Transcript

Below is a rush transcript that may contain errors

GLENN: Carol Roth, the author of The War on Small Business and former investment banker who started to use her gifts for the good, instead of the evil, is joining me now. She's also got a new book coming out, the week after mine. And they are great hand-in-glove books. You Will Own Nothing.

Could the dollar get knocked off the top spot, as the world's reserve currency? Challenges are emerging, and history shows, that countries whose currency has dominated the globe, can fall from that global reserve, that top spot, pretty fast, even over the course of a few days. We didn't luck our way into this position. Listen to me carefully, it was a carefully engineered plan that unfolded in the mountains of New Hampshire, nearly 80 years ago. At the time, the British pound sterling, was the international currency. A title it had held for texting. But Bretton Woods changed everything. Now, this is actually -- these are not my words. These are the words of NPR. They just came out with this story. The US dollar conquered the world. Is it at risk of losing its top spot? I know because I've been talking about this for a long time. And everyone has said, that will never happen.

And I said, really? Yes, it will.

And places like NPR have always called me a conspiracy theorist, even though they said that Bretton Woods was a carefully engineered plan that unfolded in the mountains of New Hampshire nearly 80 years ago.

Who is the conspiracy theorist? It doesn't sound like me. It sounds like, if I am, NPR, you are too. But now Carol Roth is with us. Carol, now things are really starting to get serious, because as you said, we are falling ten times the rate than we have since 2003. And countries are getting serious. They -- you know, everybody always said, well, we're the worst -- or, we're the best of the worst. We're still bad.

CAROL: Cleanest shirt in the laundry. Skinniest kid at fat camp. Yes.

GLENN: Well, now the actual skinny kids are showing up at fat camp, and saying, yeah. And we're just getting into shape. And we're just -- we're just -- we're right around the corner. And countries are moving in that direction.

CAROL: So I have to tell you a little thing -- a tale on your Bretton Woods. This carefully crafted strategy.

One of the things I learned in researching You Will Own Nothing was from Jim Rickards. He's a fabulous economist.

GLENN: Great.

CAROL: He told me that you know who really crafted this plan? You know who was really behind this? It was Russia. That basically, Harry Dexter White, who was the negotiator. He was the secretary of the US Treasury. He was the negotiator for the US side.

That he was a Stalinist agent, and the entire plan was to knock Britain off of the pole position. That was the plan. They didn't even sign the agreement. They just hung out. They were there. They hung out in the back room. They didn't sign the agreement.

But our US Treasury Secretary, who was negotiating this, was a Stalinist agent. This has been backed up even on Vox.com. So, again, not conspiracy. I have it very well-cited once Jim told me.

Because it sounds kind of loony, but went back and did the research.

And this was actually Russia's plan that created this. And the entire focus, they didn't care about the US.

They wanted Britain out of that power position, because they felt like that would make them stronger. And I say this and I share this in this discussion, because I think that as history rhymes, we need to keep that in mind. That if there ends up being some sort of a global cabal that comes together, or a war, that there are people that are focused on this.

GLENN: Yes.

CAROL: Right now. It's Russia. It's China. It's China courting Saudi Arabia. And we have issues, not just with reserves, but also that the key piece. Because you asked me this one time offline. It's not just the reserves. The reserves allow us to finance debt cheaply at the government level, and create some arbitrage.

But really what is this pole position as well, is being a huge piece of the payments.

We dominate, dominate. And have not lost ground, by the way, on the payment side. But China.

GLENN: Hang on. You're talking about like the swift payment system.

CAROL: The global payment.

GLENN: Got it. If you talk about SWIFT. SWIFT is this international payment system, that connects the global banks. And says, this is what will happen in terms of global trade, $100 trillion a month goes through SWIFT.

GLENN: Oh, my gosh.

CAROL: And right now China only has about 2.4 percent of that. So they are working on clawing their way up. They are trying to make deals. They're trying to convince the Saudis to let everybody pay. Including them. Pay for oil and their currency. The yuan. And so obviously, they're kind of really focused on this. There was a China Arab conference last week, the first of -- the first one I think they've been doing for ten years.

And a few things were announced. One, the Bank of China is opening its first branch in Riyadh, which is the Saudi Capitol. And then out of that, I can read you this. I am going to quote this from CNBC.

The Saudi minister said: Saudi Arabia and China are part of a multi-polar world order. And their mutual interests are, quote, strong and rising.

So the Saudis, are playing both sides of this. Right, they don't want to give up, their sort of alliance with the US. But they see the weakness, and they see the weakness coming from our president. But they also see the weakness in terms of the attempted destruction of their own economy.

All of this green nonsense, that's being pushed in the US, and with the other G-7 countries. It threatens their livelihood.

So, of course, they're going to hedge their bets. China is the largest net importer of oil. And on a per capita basis, they use a fraction of what they do here in the US, so there's an opportunity for growth.

GLENN: Well, that's because some people have electricity, and most people have nothing.

CAROL: Exactly. Exactly.

GLENN: Right.

CAROL: So, you know, they are trying to say, you know, we're going to -- yes. We are the ones who said, you could have the petrodollar. And we are the ones who have been plowing our profits back into the Treasury. And you allowed us to do that and hid that fact. But, you know, now, you don't really look as strong as you're used to. So we're going to hedge our bets. And we don't really think you're going to do anything about it.

And this has not only economic implications, Glenn. But obviously military implications as well. Because one of the things that we provided the Saudis for allowing the petro dollar, and we're plowing their dollars back into Treasuries. Is we said, okay. Well, we'll help you out militarily.

Well, guess who is knocking on that door right now. That is China.

GLENN: Oh, yeah. Oh, yeah. So someone asked me the other day, when do you think -- and I said, nobody could predict this. This could literally happen -- today is Thursday. Monday, you could wake up and the banks would all be closed. And we would be in a dire situation, because I don't know.

We went to Russia -- went to war with Russia overnight. Any big shock could trigger this.
And we might have big shocks that come and go. And we were just kind of coasting there.

We have no idea.

But what people have to really understand is: When it happens, life as you know it, in America, is completely different. Correct?

CAROL: Yeah. I think we've talked about this before. Sort of coming to grips with reality. You don't want to be in that situation. And just be processing that situation if and when it happens. You want to be prepared for it, and say, okay. I've gotten past the shock already.

I kind of expected this day might come. And, hey, I have a plan in place.

Because I know that there will be chaos. You know, you started with Bretton Woods. Once that Bretton Woods agreement was signed. It was something like 15 years, that it took to change out the global financial order, in a way that everything was sort of smoothly operating and the US was fully in that pole position. It didn't just happen one day to the next.

And there was chaos in these transition periods. And sometimes there are transition periods before there's a wholesale change. So you may have these -- these kind of interim periods of chaos.

And certainly, we've seen that domestically. In things like with the banking crisis. And the financial crisis, and the like. But there could be sort of an international chaotic period.

And that's why you really do need to have the diversification, in your portfolio, as well as that personal plan.

What are you doing in your personal life, and in your community. To make sure that something goes awry. And there is this chaos. What are you going to do to make it through that period? Again, this doesn't mean that the dollar is going away. It doesn't mean that the entire US economy collapses forever. It just means that the stakes are shifting. And everybody is telegraphing it. This is one thing I noted, in your upcoming book, Dark Future. I also talked about it, in you will own nothing.

Is the White House has telegraphed this. Joe Biden has said, there is a new world coming. And, quote, unquote, we have to lead that.

Now, of course he was talking to elite business people, so I'm assuming that means him and his friends. But this is not like a conspiracy at all. This is -- you type in Joe Biden, New World Order into Google. You will get tons of search results. We all know this is coming.

GLENN: And you will get from that same speech. As I have it in my book. You take the phrases that are in his speech, you type them out. And you have western leaders and world economic leaders, using exactly the same verbiage.

So they're all aware of something.

But you're not. Because media won't report on it. And anybody who does report on it, will say it's a conspiracy theorist. You're a conspiracy theorist.

It's not. They're all saying it.

CAROL: And you have to say to yourself, okay. The elite and wealthy people in the world know that the financial stakes are shifting. Are they going to just sit back and hope it works out for them?

Of course not. They will do everything in their power to make sure they are molding it and controlling it to whatever standpoint they can. And to make sure they and their cronies come out on top.

And that's where we take the conspiracy element out of it.

It's not so much that they intentionally want to keep you down.

They just want to keep themselves up. And they don't care what happens to you. And if you are at their expense, then so be it.

GLENN: Exactly right. So be it.

PAT: That's really the takeaway. And that's why you need to prepare, and make sure that you do the things, so that you can manage through this chaotic periods. And do everything you can so that you own as much as possible.

And will actually be happy, not the you will own nothing in the end.

GLENN: Right. Carol Roth from CarolRoth.com. If you go to CarolRoth.com/Glenn, you can find out more of her work and follow her.

She's really, really good.

She writes for TheBlaze, among other places. And she's written a new book called you will own nothing.

It will release July 18th. You can find it at CarolRoth.com. Or you can go to Amazon. I will tell you, when you buy my book or her book, it usually is. These people who bought this book, also bought that one.

They go hand in hand.

Mine is dark future. It is coming out a week before hers.

Mine is a -- much more of a, how this is going to control. And what their plan really is.

Carol is so much better than I am.

Of taking all of those plans, and saying, here's what you need to know, to do.

This is how you can save yourself.

And it's -- it's a fantastic book. You can get it, wherever books are sold.

Again, it is You Will Own Nothing, by Carol Roth, and my book at the same time. Dark Future.

Same topic. Not a lot of -- I shouldn't say that. I was going to say, not a lot of the same information.

Just presented in different ways. One to warn, one to say, here's how you protect yourself.

And Carol is great. Thank you so much, Carol. Appreciate it.

CAROL: Thank you so much. And, by the way, Glenn. Thank you so much. You are the number one endorsement on the back of the book.

I so appreciate it.

GLENN: Will you send me a copy?

CAROL: We sent it to you. We sent it to you. So you should have it any day. This is early release copy, because Glenn was so instrumental. You were the first person that I emailed. And I said, this is what I'm thinking. And you pushed me to go deep. And connect all these dots. So I'm just so grateful you to. And so grateful for Dark Future. And those being companion pieces together.

GLENN: Yeah, Carol, thank you. God bless.

Why Glenn Beck Predicts America Has Reached PEAK WOKENESS

Woke progressivism has taken over much of America, from our schools to our corporations, and of course, many aspects of our government. But Glenn is optimistic that the pendulum may be starting to swing back. As Americans wake up to how wokeness has destroyed the country, they are standing up and pushing back. So, have we already reached "peak wokeness?" And can we change course without going too far in the opposite direction? Glenn and Stu give their predictions.

Transcript

Below is a rush transcript that may contain errors

GLENN: our problems are so easy to fix. You could go into any coffee shop in America. And you could grab, you just the five -- people who are paying attention. Out of everybody. There are five people here who could name the president. And the three branches of government. Can you come on over to my table. We would be able to fix this. If you were put this charge, you would be able to fix this. A lot of this stuff is so common sense.

STU: That's interesting. Because I think if applied. If applied, common sense would solve a lot of these problems.

GLENN: Yes.

STU: But think about that in the real world. In this world that we live in. How? Even if you convinced the medical establishment. Which I think is a real goal here. And I think it is, something that is potentially achievable. The medical establishment. Look, what you guys have done over the past 15 years. With all this gender stuff, and all this is bad.

We're seeing it happen in foreign countries. Right? The reversing path.

GLENN: France. Sweden.

STU: Yeah. The UK.

But we're seeing progress in that world.

To get back to some sort of rational view here. But even if you were to accomplish that, there are so many people, with so many goals, that are at odds with that approach. You think the mainstream media will abandon this. Because the medical establishment changes? I doubt it.

Think about all the sites and bloggers and influencers. And all the people, that people actually get their news from. That would continue down this road anyway. And would still -- would still create people, like the person who seems to be in this case today. What we know of them. Those many examples.

GLENN: Those people existed before. They just didn't have positions of power. So the first thing that has to be done. Is you fire a lot of people. I'm sorry. You know, here's -- here's the problem. Common sense. Common sense should always rule with rare exception. You know, there are times, that you are like, okay. I know that makes sense. However, this time, cut the white wire. You know what I mean? You know. No. It should be the green wire. No. No, no, no. Usually red and green. But this time, don't cut the green wire. But the problem is: Everything is so over Ivy Leagued, that the average person goes, well, I don't know. You know what I mean? Because they'll be like...

STU: Right.

GLENN: You're like, what?

STU: Well, we saw this with the Claudine gay situation. Everybody knows, when you steal other people's work, you will get fired as an academic. And yet every institution went to bat for this woman, to explain why what she -- how what she did was not actually bad. And it was actually racism. And you guys don't understand the systemic racism that pushed her to have to do this. And why we should ignore.

GLENN: Right.

STU: And everybody is like, all right. I just don't want to get involved in that.

GLENN: And the thing is. Most people will back away from it. Because they will feel stupid. I don't know. Who am I to argue against Harvard.

STU: Fewer and fewer.

I think that's going away.

GLENN: Oh, yeah.

Because we used to have. You know, there's balance in all things.

Balance in all things.

There's somebody to be pushed and pull. If you don't have that. There is no growth.

So what happened is, we had common sense.

And then common sense was looked down upon from an Ivy League. Isn't that cute? Well, I have uncommon knowledge.

And everybody was like, well, he must know something, that I don't know.

No. Really. Really, the only thing that you may know, that he doesn't know, is humility. And the one thing that he may know, that you don't know is arrogance. You know, I know.

Me and my people. We know. You need to be taken care of.

STU: Are you concerned that the balance is not something we're finding right now?

GLENN: No. Because I think it's coming.

STU: Is it coming. And is it closer to what you've talked about for a long time. More of a pendulum effect.

I'm worried, it had seem at times, that we're getting to a place where we're completely ignoring experts. I don't think that's the answer either, right?

GLENN: No. It's not. Until the experts are held by other experts.

STU: Yeah.

GLENN: Until the medical community can say, you know what, enough is enough.

This COVID thing, it was good here, here, and here. It was really bad here, here, and here.

And we have to stop, you know, just saying that, oh, no.

Now science knows. Because that's happened throughout all of mankind.

And then science learns. And they're like, oh. Well, now we know. As soon as it's cleaned out by its own people, you know. God will clean out his own house first. That's in Isaiah. I will clean out my own house first. And he will. And that's what needs to happen in all of the institutions. In media. It's got to be cleaned up.

Now, it's going to probably take outsiders to do it, or a new generation.

But look, it's already happening. It's already happening.

It's just that there's so much money involved, at the establishment level, and they're just holding on by their fingernails.

And they'll -- I mean, they'll pull all of us down, to stop from drowning themselves.

STU: Are you optimistic about the path here?

Are you optimistic that the pushback that has come from, I think, common sense.

I would argue, that usually equals a lot of conservative-type values.

But like, there has been a pushback in the media. There has been a pushback, when it comes to our institutions.

From more constitutional, common sense type thinking.

Will that result in something that is positive in the end? Are you comfortable with that?

GLENN: We are at the wire. We are coming around the fourth turn. And we're all dead even, as we're coming towards the wire. Who is going to win. And it will be won by a nose. And I think it will happen this year. But what is encouraging is we're seeing things that we haven't seen before. I think we're at peak wokeness.

You know, I had been talking about that pendulum theory that Stu has been saying. I've been saying for a while. 2020 -- what did I say? 2024. 2025. Is where we hit the peak. And then it starts going the opposite way.

I've said that for -- forever. Now, this means, it's going to take just as long, as it did to get here. But we will -- the dog returns to its vomit. We will go back to being a very selfish, me, me, me, you know, forget the collective culture. It will take us 40 years. But we will get right back to where we were. The key is, don't destroy yourself at any of the peaks. Because it's the middle where we really flourish. It's the balance of, no. The individual is really important. But so is the collective. We have to balance that. Right now, we're just not balancing. The individual just doesn't matter anymore. It doesn't matter. But I see this coming back, from really important people.

I think Elon Musk has been a turning point on that. You look at what Bill Ackman said this week, or Mark Cuban. What a difference. What a difference.

STU: Well, the Mark Cuban thing, it was bizarre. We should go through that.

GLENN: No.

STU: I don't even know if he knows what the word mean.

GLENN: He doesn't. He doesn't. He doesn't.

STU: It's weird.

GLENN: Again. It's the arrogance of people thinking they know. That's what Bill Ackman said. He said, I went to talk to the students.

And you realized, what I thought they were saying, is not what they're saying.

I didn't understand it.

Mark Cuban just hasn't gone through that. But he will. Because it's happening. It is happening.

But keep running flat out. Because it's going to be won by a nose.

The 6 BASIC STEPS to Prepping For a Disaster OR WORSE

Getting prepared for a disaster may seem outright overwhelming. But Glenn breaks it down step-by-step: “It’s actually really easy and inexpensive. You just have to take it one bite at a time.” Glenn heads to the chalkboard to lay out the “6 basic steps to prepping,” as well as everything you’ll need to pack a bug-out bag.

THE GLENN BECK PODCAST

Why Are So Many Kids Identifying as Trans? | Miriam Grossman, M.D. | The Glenn Beck Podcast | Ep 220

“We are creating a generation of young people who are sterile,” says Miriam Grossman, M.D., a psychiatrist who has refused to submit to what she describes as the “religion” of gender ideology. “They will be consumers of pharmaceuticals the rest of their life.” Many of Miriam’s clients fell down the rabbit hole of transgenderism during the COVID-19 lockdowns. They were “online 24/7.” When these young people turned to self-harm, the parents were afraid to hospitalize them, believing as Dr. Grossman does that “the adolescent psychiatric units in our hospitals are creating transgender children.” After revealing the role the American Psychological Association played in removing “disorder” from “gender-identity disorder," Glenn and Miriam discuss the now-discredited World Professional Association for Transgender Health and whether or not using someone’s preferred pronouns after “social transition” is as compassionate as everyone says. After all the unethical “therapy” hoisted on kids, the parents are left traumatized, after realizing, as Glenn says, “Our doctors are not to be trusted.”

What This FLAMETHROWING Robot Dog Means for the Future

Flamethrower company Throwflame has released what could possibly be the coolest and most terrifying product of the year: A flamethrowing robot dog named “Thermonator.” And perhaps just as surprising is its price tag: just over $9,000! Glenn, Stu, and Jason discuss whether this is “the ultimate home security device,” despite being made for things like forest fire control. “You walk up and you’re like, ‘Terminator! Terminator!’” The future is here…and it’s got a flamethrower on its back!

Transcript

Below is a rush transcript that may contain errors

GLENN: Yeah. So I want to show you, I think this is the ultimate home security device, okay? It's a little pricey.

But watch this.
(music)

This is the new robot flame throwing dog.
(laughter)

STU: No.

GLENN: Yeah. So it's a -- it's a robot that just walking around, is enough to scare the hell out of them.

STU: Laser sight.

GLENN: Laser sights. It can prowl the property at night. And it's made for like forest fighting.

Or, you know, war. But it also has a flamethrower strapped to its back.

STU: What the heck?

GLENN: Yeah.

STU: There's fires all around it. Did this thing start the fires?

GLENN: No. No. No. This will cause a back burn for forest fires.

STU: Oh, okay.

GLENN: So they sent it out. And they sent it out. And they're watching on their -- watch this.

VOICE: The destroyer of worlds.

GLENN: Okay. That's a little spooky. Look at that thing. Just throwing flames.

STU: That's awesome. Oh, my gosh.

JASON: And that's not even very imaginative. Imagine Hope Hicks.

GLENN: You put that control into the hands of some hope hicks, and they are --

STU: It just jumped.

GLENN: It jump ed. It is an amazing --

STU: How much did this thing cost?

GLENN: You ready? How much did you think? How much did you think?

STU: $100,000.

PAT: I was going to say 20.

GLENN: Nine. Nine grand for a flame-throwing robot dog.

STU: Oh.

GLENN: I want one.

STU: We can finance that. Right?

Go to your bank. I need some financing for a flame-throwing dog.

GLENN: Can you imagine if you had, one of those, like a little box in your yard. And someone comes up to the door you don't like. And just the box opens up. And this dog and this robot dog stands up and puts a laser on you.

I don't think you knock on the door.

STU: I think you knock and you leave.

GLENN: You leave quickly. For nine grand, guys. You could have a robot, flame-throwing dog.

STU: It just seems like there isn't a better purchase on the market.

GLENN: No. Our wives might disagree with us.

STU: You think?

GLENN: Maybe. Maybe. I know mine would.

STU: Well, remember, if you get a normal dog, you have to feed it.

This thing you don't have to feed. You're saving money there.

How long until it pays for itself?

GLENN: You wanted a dog. You wanted a dog.

STU: What about --

GLENN: Your motorcycle is 50 grand. You can have a flame-throwing robot dog for nine.

STU: Or for 59, you can have a flame-throwing dog on the back of your motorcycle.

That's the way to do it.

GLENN: Oh, really? Really? Mr. Biker, you have a problem with me.

Take it up with the robot dog, with the flamethrower.

JASON: I can have ten of those, actually. Now, imagine that. Motorcycle or ten of those robot dogs.

STU: You're not great at math.

GLENN: No. Yeah. That would be 90 who can't understand.

STU: Less than six. You definitely get five. You get five.

Maybe they have a six pack discount.

JASON: Six pack. Imagine like a pack of those bad boys, showing up.

STU: Seriously, how terrifying that would be, if you came around the corner of a parking lot, and six of those walked up to you?

GLENN: Take the flamethrower off. Take the flamethrower off.

Just the dog would freak you out.

STU: Honestly you could get -- I wonder if you could get one without the flame-thrower for five grand. Then put a fake one on the back.

GLENN: Yeah.

STU: Get two.

GLENN: Or get two of them.

STU: Imagine being surrounded by those things.

JASON: Oh, my gosh.

GLENN: That scared. My German Shepherd is terrifying. Terrifying.

STU: But you can't be talked into -- in the back of your mind. Some dogs are nice. Right?

I've been around your dog. Your dog is very nice to me.

I don't know if it will be nice to an intruder. My guess is no.

One of those things. There's never been an indication that any of those are nice. Boston-style dog walking up to you, you don't start petting it.

GLENN: Terminator. Terminator.

JASON: That is the future. That's where it's going.

GLENN: It is. The war will be using that.

S.W.A.T. teams will be using that. You won't see a cop. Honestly, I mean, you think cops eat doughnuts now. Wait until they have robots.

JASON: Have you seen combat footage in Ukraine? That shows where it's going. You see troops on the ground, doing normal troop stuff.

But then all of a sudden, you'll hear. It's the drones coming in, chasing people.

STU: Those are tanks in Ukraine. They are getting rid of them. Because they're all getting taken out by drones.

GLENN: Have you seen the fastest drone yet.

This thing -- you look it up on YouTube. This thing is just like. You just barely see it.

JASON: That's incredible.

GLENN: It's like, 200 some miles an hour.

It's crazy.

STU: I don't mean to the emperor arguing in favor of the clone wars. Isn't this probably maybe a good thing?

The fact that maybe humans aren't on the battlefield killing each other. And it's a bunch of robots killing each other instead?

GLENN: It may make war likely to happen.

STU: That's true too.

GLENN: Because you could go in. If you're a bad country, and you don't care how many people are killed on the other side. Your people aren't being killed, look out. Get the robot dog.