Loading video...

Video Failed to Load

Go Home

Excellent breakdown from David Friedberg on how a collapsing dollar leads to the rise of socialism "If you own assets as the dollar devalues and everything inflates in value, our asset prices go up. We get wealthier and wealthier. The majority of Americans do not own assets. They are...

463,817 views • 4 months ago •via X (Twitter)

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

David Friedberg Explains the Hidden Collapse Beneath Record Stock Prices 🔥🪙 “Instead of trading it in US dollars, what if you just look at the US stock market, the total value, in ounces of gold?” “The stock market's up in dollar-denominated terms, but if you look at the stock market relative to gold, it's actually down.” “In a democracy, like we have for the past 250 years, without adequate constitutional constraints, it has always been the case that over time government spending goes up.” “And this is because in a democracy, people ask for their government to do more every year, and as they ask for their government to do more every year, the government agents who are elected say, ‘Okay, here you go,’ and they spend more.” “And eventually, when the borrowing capacity gets unlocked, which is what happened in the United States when we went off the gold standard, you borrow like crazy, you print money to fund those borrowing costs, but eventually the bill comes due.” “And in the United States, the bill is coming due.” “But I just want to tie it back to Minnesota, Donald Trump, and socialism.” “I think it's important for us to just highlight that if you own assets like we do, the four of us, we own stocks, we own real estate, we own other assets.” “As the dollar devalues and everything inflates in value, our asset prices go up and we get wealthier, and wealthier, and wealthier.” “The majority of Americans do not own assets. They are net asset negative.” “As a result, they live off of income and they do not benefit from the de-dollarization like asset holders do.” “And I fundamentally believe that much of the civil unrest and ultimately the divide in this country is driven by the fact that de-dollarization, because of excess government spending, ultimately leads a majority of people in this country to feeling oppressed and left behind because they're seeing a few people in the country accelerate their net worth, like all of us here, and there's no way for them to catch up because they don't actually own assets.”

The All-In Podcast

188,967 views • 4 months ago

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on Going Underground

Going Underground

16,526 views • 1 month ago

MIND-BLOWING 🤯 Angel investor perfectly sums up how the "You Will Own Nothing and Be Happy" strategy is being implemented with UBI, AI, and tokenization "This is the hidden wealth transfer" "Assets are going to become harder and harder to own as a result of AI" "couple that with tokenization, where they won't even let you own the asset" "They want the custodian to own the asset and you to own the token" "AI essentially threatens to separate consumption from ownership" "the universal basic income, or what Elon Musk calls the universal high income, it doesn't solve the problem. It concentrates wealth significantly" "you need to become an owner rather than a consumption supporter" "It's going to be the subordination industrial complex, the subscription industrial complex" "They want you to rent... rather than own the assets, and specifically the assets that are [productive]... that's why they create these manufactured crises to make sure that you own nothing and you're happy" This clip of Simon Dixon (Simon Dixon), an angel investor, Bitcoin OG investor, and former investment banker, is taken from a video posted to the Simon Dixon YouTube channel on June 14, 2026. ----------------Partial transcription of clip--------------- "Assets are going to become harder and harder to own as a result of AI. Now couple that with tokenization, where they won't even let you own the asset. They want the custodian to own the asset and you to own the token. "And you've got these structural paper contracts where they don't want you to own the Bitcoin, they want you to own the paper Bitcoin. So daily life gets cheaper, but ownership gets more expensive. And that's what I think we're witnessing. "That's the trend that I'm looking out for and that's what I think the data is. This is the hidden wealth transfer. So the headlines during this whole thing will say to you, everything's getting cheaper. "AI is making everyone's life better. You now have universal basic income. You don't need to work, but it is a wealth transfer between those different things that are happening. And so the middle class was effectively built upon ownership. "That was the boomers after World wars that were able to get the real estate at an affordable rate. They were able to leverage up the debt. They own the property, they own the businesses, they own the stocks, they have the savings. And AI essentially threatens to separate consumption from ownership. "And that's what I think everyone needs to prepare for. So citizens may consume more, but they'll be owning less if they don't get this trend right, if they don't become the asset owner. "And that is really the universal basic income, or what Elon Musk calls the universal high income. It doesn't solve the problem. It concentrates wealth significantly. That's why I've always said you got to have a plan for the next five, 10 years. Even if it, takes longer, takes shorter, whatever it is, you still got to start working. "I talked about, there was an episode on my blog, SimonDixon(.)com how to develop a 10-year plan, how to understand these different trends. But UBI is effectively consumption support, let's call it what it actually is. "And ownership is wealth creation. And you need to become an owner rather than a consumption supporter. It's going to be the subordination industrial complex, the subscription industrial complex. Basically a monthly payment is not the same as owning the productive assets. You don't get more productive and get ahead unless you get more productive and then own the assets. "And that's why you got to lean into this maximum productivity increase in order to spend less than you earn and invest the difference in the assets. Own more Bitcoin. This month in the sovereign strategy and then diversify accordingly in order to play some of the different things. "Now, remember, the future may become a world where citizens rent access to virtually all sorts of things. And so really, that is the subscription industrial complex. They want you to rent it rather than own the assets, and specifically the assets that are producing it, because that's why they create these manufactured crisis to make sure that you own nothing and you're happy."

Sense Receptor

47,978 views • 5 days ago

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on the latest episode of Going Underground FULL INTERVIEW BELOW IN THE REPLIES👇

Going Underground

38,275 views • 1 year ago

🚨Peter Schiff: China🇨🇳 is silently dumping the dollar, a US🇺🇸 dollar crisis is coming soon! ‘China is gradually weaning themselves off of the dollar. That’s why, if you look at their holdings of US Treasuries, they’ve actually gone down a bit over the years. If you look at all the new Treasuries we’ve issued over the years, the fact that the Chinese haven’t bought any of them is a big deal because they used to be a main buyer of these assets. Instead of buying more Treasuries, they’ve bought more gold. So if you look at US dollar debt as a percentage of all the reserves the Chinese own, Treasuries are a much smaller percentage of their total reserves than they once were, especially if you consider the appreciation of gold. I would guess the reason they’re not moving more dramatically is because they probably don’t want to cause a crash, the dollar to implode, the Treasury market to implode, because they are trying to sell and want to get a decent price. So I think they’re happy to slowly bleed it off to try to get that good price. They just have to worry about the impact on the dollar, because if they try to dump too many dollars at once, the dollar could go down, and especially if a lot of other countries see that and want to get out. There could be a run on the dollar. If all the holders decide they want to get out, they don’t want to be the last one holding the dollar, and so it becomes a rush, and we could be in a US dollar crisis relatively soon anyway… I think we’re heading for a real crisis in the US, and I think countries that are smart would be trying to get ahead of that by selling whatever they can, as quietly as they can, out of US dollars and any US dollar-denominated debt.’ -Peter Schiff on Going Underground

Afshin Rattansi

107,843 views • 4 months ago

This is the post that ties it all together. The Only Income Producing Collectible That Can Buy Every Other Collectible Most investors in collectibles don’t actually own assets. They own expensive inventory with permanent carrying costs. Most collectibles are static. They sit still and wait. Art, sports cards, and memorabilia are stored assets. They live in vaults and require constant insurance, protection, and oversight just to exist. A thirty-million-dollar trading card may be rare, but it is the most expensive nonfunctional real estate on earth. At roughly 1% annual insurance, that single card costs about $300,000 a year just to sit there. Over ten years, that is $3 million spent to stand still. No income. No compounding. No leverage. Just cost. It’s an asset. It’s also a liability. Hold it long enough and the math becomes unavoidable. Decades of insurance just to stand still. Millions spent not to grow, but simply not to lose. Smart investors understand there is a fundamental difference between collectible inventory and operating assets. One waits. The other works. An operating asset doesn’t sit in storage. It operates in public. It compounds. It builds leverage while you sleep. A great operating asset becomes the front door, the brand, and the world headquarters of the business built on it. It doesn’t just represent value, it becomes the center of gravity everything else builds around. There are assets that don’t just hold value, but create it. They generate revenue. They can be licensed, leased, partnered, and scaled. They can spawn companies, platforms, and entire ecosystems with virtually unlimited expansion. Most collectibles only have value if someone else buys them. If no one shows up, nothing happens. An operating asset doesn’t wait for a buyer. It produces. It earns. It compounds. You don’t hope for an outcome. You create one. If your asset can’t work while you sleep, it isn’t an asset. It’s inventory. The most valuable assets in the modern world sit at the intersection of language, identity, commerce, and behavior. One word can represent an entire industry. One name can outlive companies, technologies, and trends. From the right operating asset, you can buy every collectible in the world. You can’t do it the other way around. That’s not opinion. That’s math. Collectibles are owned. Operating assets are deployed. And the most powerful operating assets ever created are high-profile, memorable, brandable, category-defining domain names. Curious how people outside the domain world see this distinction.

Rick Schwartz aka DomainKing®

12,680 views • 4 months ago

🚨Peter Schiff: China🇨🇳 is silently dumping the dollar, a US🇺🇸 dollar crisis is coming soon! ‘China is gradually weaning themselves off of the dollar. That’s why, if you look at their holdings of US Treasuries, they’ve actually gone down a bit over the years. If you look at all the new Treasuries we’ve issued over the years, the fact that the Chinese haven’t bought any of them is a big deal because they used to be a main buyer of these assets. Instead of buying more Treasuries, they’ve bought more gold. So if you look at US dollar debt as a percentage of all the reserves the Chinese own, Treasuries are a much smaller percentage of their total reserves than they once were, especially if you consider the appreciation of gold. I would guess the reason they’re not moving more dramatically is because they probably don’t want to cause a crash, the dollar to implode, the Treasury market to implode, because they are trying to sell and want to get a decent price. So I think they’re happy to slowly bleed it off to try to get that good price. They just have to worry about the impact on the dollar, because if they try to dump too many dollars at once, the dollar could go down, and especially if a lot of other countries see that and want to get out. There could be a run on the dollar. If all the holders decide they want to get out, they don’t want to be the last one holding the dollar, and so it becomes a rush, and we could be in a US dollar crisis relatively soon anyway… I think we’re heading for a real crisis in the US, and I think countries that are smart would be trying to get ahead of that by selling whatever they can, as quietly as they can, out of US dollars and any US dollar-denominated debt.’ -Peter Schiff on the latest episode of Going Underground FULL INTERVIEW BELOW IN THE REPLIES👇

Going Underground

78,732 views • 1 year ago