Rethinking the Dollar

The financial framework is now complete. Now that Wholesale CBDCs wiil be used, the US is that much closer to the rollout of Retail CBDCs, which will centralize the country's money and credit. On a global scale, the BIS sees a tokenized world where all real-world assets can be owned and transferred on a ledger. Our digital future is here, and it brings both problems and chances. Today Lior Gan...

During the pandemic, Airbnb residential properties flourished, increasing rental income and property prices. However, in the post-pandemic phase, these properties' values have plummeted by over 50%, creating a significant financial risk for those who invested at the peak. Karl Denniger, Finance Blogger at https://www.martket-ticker.org /, is here today to discuss the state of the economy and t...

In a striking move this week, the United Nations proposed the linkage of a Global Digital ID with depositors' bank accounts, bringing the concept of "#DigitalID" to the forefront of global financial conversations. Simultaneously, the International Monetary Fund is pushing for an integration of Central Bank Digital Currencies (#CBDCs) to create a unified monetary system. These combine...

JPMorgan Chase was fined $4 million because they accidentally deleted 47 million emails. This broke SEC rules and made it harder for regulators to look into the matter. These emails just happen to be sent at the height of the attention to Jeffrey Epstein. When trying to hide a crime, nothing ever goes wrong by accident. Thanks for watching the Mike & Mario Show. Visit rethinkingthedollar.com t...

In the high-stakes game of global finance, the West finds itself in an unprecedented predicament. As the world experiences a shifting power paradigm, the 'dedollarization' process — the move away from the US dollar as the global reserve currency — seems unstoppable. Despite the West's attempts, it appears incapable of halting this momentum. And as Russia and China strengthen their econ...

French President Emmanuel Macron is considering attending the BRICS (Brazil, Russia, India, China, and South Africa) summit, which would make him the first Western leader to do so. Macron has expressed interest in participating, hoping to engage in discussions about global issues and promote a revamped multilateralism, while the BRICS countries seek to protect their independence from Western domin...

Former President Donald Trump faces 37 federal charges regarding the handling of classified documents at his Mar-a-Lago estate after his presidency. The world of GMO food has seen shifts, with the rise and subsequent challenges in the synthetic biology animal-free dairy industry, while the concept of an "AI Takeover" remains hypothetical, with current AI applications focusing on areas li...

Today we discuss my case against BRICS forming a reserve currency. I am hoping for a lively debate! Make sure you comment, like and share this far and wide! For more insight and analysis follow me on Rumble. More importantly make sure you leave a like and a comment down below! The Coming Conflict https://rumble.com/c/TheComingConflict Subscribe & click the 🔔 icon to be notified of future vide...

Pro-Ukrainian hacktivists known as Cyber Anarchy Squad have claimed responsibility for taking down Infotel, a Russian internet service provider (ISP). The attack has potentially severe ramifications for Russia's banking system as Infotel runs the Automated System of Electronic Interaction (ASEI) for the Central Bank of Russia. ASEI is crucial for secure communications and document exchange bet...

A few weeks before the #FEDNow program starts, the #SEC is cracking down on #cryptoexchanges. What better way to keep institutions from betting against the #Fed with #crypto than to destroy confidence in the US regulatory system? The goal is to slow down and annoy the #FinTech space so that it doesn't shine brighter than the FedNow. This way, there will be less competition when the FedNow #Dig...

In a bid to circumnavigate the impact of sanctions like those imposed on Russia, the BRICS nations are exploring the concept of a shared currency, seeking guidance from the New Development Bank, a lender created by the bloc. Amid discussions of expansion and gaining global influence, the ministers also deliberated on potential future models for such a currency, a move reflecting the group's am...

Discover the world of gold mining as US Gold Mining CEO Tim Smith shares insights on the macro economy, precious metals, and the Whistler Project, offering a unique opportunity for investors in the unmined gold, copper, and silver deposit located near Anchorage, Alaska. Don't forget to click the 👍 & subscribe to the RTD channel for more informative content 🔔. Find out more about U.S. Gol...

Federal Reserve Chairman Jerome Powell stated that the recent banking crisis has reduced the need for a significant increase in interest rates, while noting a divergence between market expectations and the Fed's projected rate path, suggesting a more balanced risk outlook. Thanks for watching the Mike & Mario Show. Visit rethinkingthedollar.com to stay informed on the last in the news. Sub...

In the midst of the perfect storm, the United States finds itself on the brink of a devastating debt crisis, with the looming threat of running out of money within a matter of days. As if that weren't enough, the regional banking crisis has unfolded, shedding light on the deeper concerns surrounding the Global Systemically Important Banks (GSIBs). Meanwhile, the ongoing border crisis adds anot...

The Reserve Bank of Zimbabwe has sold $39 million worth of gold-backed digital tokens despite a warning from the International Monetary Fund (IMF) advising against the plan. Zimbabwe received 135 applications for the tokens and made a total of $39 million from the sale, and it plans to conduct another sale round for interested buyers. 🚨 Be warned of potential food shortages and prepare with 4Patr...

As the U.S. faces an unprecedented default on its $31.4 trillion debt ceiling, President Joe Biden and top Republican lawmakers, including House Speaker Kevin McCarthy, commence negotiations, with Biden advocating for an unconditional raise in the borrowing limit and Republicans demanding spending cuts, amidst warnings from economists about potential economic recession and global financial destabi...

Hugh Hendry, US banking system, American economy, mass panic, capital flight, M2 money supply, US government, Treasury, Federal Reserve, FDIC, deposit guarantee, US Treasuries, Bitcoin. Someone is being dishonest, as the stock price of banks never lies. 🔔 Stay in the know with RTD! Subscribe to our channel, click the notification bell, and join us for our next live on-air. Bring a topic and let&#...

Powell said earlier today that "things had generally gotten better in the banking sector" and that "the banking system is strong and stable." Later that day, shares of PacWest Bank and Western Alliance fell by 30% and 60%, respectively, because they are the next two banks most likely to fail. But while banks are falling apart, the price of gold in USD hit an all-time high. Some...

In this interview, Ray Ashley, President of F3 Uranium Corporation, discusses the global macro issues concerning nuclear power generation and the rising demand for uranium as a solution for base load power generation and greenhouse gas emissions. He touches on topics such as the growth of nuclear power generation globally, Russia and China's recent nuclear activity, the importance of uranium s...

Argentina has announced that it will start paying for Chinese imports in yuan instead of dollars to ease the outflow of dollars, relieve dwindling dollar reserves and boost international reserves. This decision comes after Argentina expanded its currency swap with China by $5 billion in November last year, and in April, it aims to pay around $1 billion of Chinese imports in yuan. 🔔 Stay in the kn...

Chinese President Xi Jinping spoke to Ukrainian President Volodymyr Zelensky in a one-hour telephone conversation, the first known contact between the two leaders since Russia invaded Ukraine last year. China has refrained from joining the countries that have condemned the invasion, and the official account of the discussion made no mention of "Russia" or "war," instead emphasi...

The world's economic landscape is changing rapidly as the BRICS nations make their mark. In a bold move, the BRICS New Development Bank is ditching the US dollar and offering loans in local currencies, while 19 countries clamor to join the group. This could be the beginning of a seismic shift in the global financial system, with a potential new BRICS currency threatening to shake the dollar&#3...

Brazilian President Lula da Silva has called for BRICS countries to develop an alternative to the dollar in foreign trade, while visiting the New Development Bank in Shanghai. Lula suggested the bank could have its own currency to finance trade relations between Brazil, China and other BRICS nations, arguing that using local currencies would eliminate the need for a third currency and reduce trans...

The financial world may be shifting towards valuing items in gold rather than fiat currency, with gold-backed exchanges potentially becoming the norm. This could remove the need for any one fiat currency to be the world's reserve currency and lead to a focus on sound money exchanges verified on the blockchain. Nate Fisher, my guest today, thinks that people will eventually need tangible eviden...

The Federal Reserve has warned that the fallout from the U.S. banking crisis will cause a recession later this year, according to minutes from the March meeting of the Federal Open Market Committee. While Vice Chair for Supervision Michael Barr believes the banking sector "is sound and resilient," staff economists have projected a mild recession starting later this year, with a recovery...