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Sort of currency to place that and this earlier this week we saw it your own power stated that he would dread a day that Digital Currencies take over the Current System and the u. S. Dollar would not be the old reserve currency anymore rightists like in history people dread it the day that gas lights are no longer around no one to electric lights and they dreaded the day that cars took over and we didnt have horse drawn carriages anymore and you know things change when he cant do anything to stop at your own peril he could be the last fed chairman in the United States before the big coin to take over and so this is just all part of life i think its more like the day that you know the french royal family dreaded the day that democracy and a republic would form rather than the peasants be. Happy with brioche so here hes ....
We are at the end of a fee out era and weve been kind of warning of preparing for that for the past 10 years of this series 11 years now and you could see that even Jerome Powell an acting sitting head of a central bank the u. S. Consul bank is even saying this member last year mark carney said that as he was exiting the bank of england he said that the dollar is no longer fit to be the worlds reserve currency and that we need these additional currency sort of s. T. R. Sort of currency to replace that and this earlier this week we saw at your own pow stated that he would dread a day that Digital Currency is take over the Current System and the u. S. Dollar would not be the old reserve currency anymore right its like in history people dreaded the day that gas lights are no longer around we want to electric lights and the ....
The Current System and the u. S. Dollar would not be the old reserve currency any more rightists like in history people dread it the day that gas lights are no longer around no one to electric lights and they dreaded the day that cars took over and we didnt have horse drawn carriages anymore and you know things change when he cant do anything to stop at your own power he could be the last fed chairman in the United States before the big coin take over and so 3 this is just all part of life i think its more like the day that you know the french royal family dreaded the day that democracy and a republic would form rather than the peasants be happy with brioche so here hes saying i hope the peasants remain happy with this can tell you in effect that is part and parcel of. A system whereby we the Central Banks create money and ....
Fellow the max kaiser. For many years now weve been saying that a new brand of woods is inevitable. And this past week the i. M. F. Said exactly the same thing and new private words is coming oboy stacie lets go well so many people and so much media is focused on the clown car show happening in the us elections that they kind of overlooked this whole i. M. F. Is calling for a new Bretton Woods which of course would be seismic it would coincide with the 50 Year Anniversary and 2021 is a 50 Year Anniversary of the u. S. Dollar standard remember we went off the Gold Standard temporarily and august of 1971 Richard Nixon said there were close in the gold window just temporarily until they could default on their deb ....
Coverage of the conflict by going to our t. V. Dot com my colleague harvey will be picking up the latest news in about an hours time on behalf of everyone here at r. T. International thanks for watching. Hi im max keiser this is the kaiser report have you ever played high and low poker thats when the low head and the high hand when so weve got a situation in the Global Economy right now where in the currency markets various countries are trying to win with the worst possible hand lets see how this works out they see her rights we have in the news we have a lot of gold we have a lot of big queen and of course in the past week weve seen the excel or of this Central Bank Digital currency unrolling across the world 1st i hope powell says that the endless ongoing desire for east trading block to undertake more and more stimulus is why big quiet and gold will continue to outp ....