As Dollar Collapses Texas Gets Ready To Print Its Own Currency!

Lance: Welcome to the Lance Wallnau Show and here’s what I want to tell you. This is so important to catch this. While banks seem to be sizzling down and collapsing, the economy is overheated. Other countries are decoupling from the American dollar. While all this is happening, there is a solution. We are right now at a moment when a new kind of stable currency is being worked on in the state of Texas tied directly into gold tied directly into silver and it’s phenomenal. It actually has legislative legs and it’s going to be a breakthrough for every state in the United States. In the time of imminent collapse of so much, there is a window opening up for an opening and I’m looking at this with great interest. We’re going to have Kevin Freeman from the economic Warroom on today to talk about that and listen, the only piece of money you can have when the dollar is in free fall, when it’s in literal distress, other countries don’t even want to be touching the dollar. 

You’ve got to get your money safely over gold and into other assets like that. I want you to go to Lancewallnau.com/Birch. Please, if you haven’t done this yet, you must do it now because right now, some of the best offers and opportunities are available at Birch Gold. Lancewallnau.com/Birch”. Talk to an expert. Position yourself. Protect yourself from what’s happening with the American economy. You have a window. Don’t put it off. Take action now and let’s go right into this program.

Welcome to the Lance Wallnau show and it is my commitment to you to always give you the most cutting-edge information I can give you without being alarmist or sensational. But I have to tell you that right now we’re watching with the banks that are like folding and the decoupling of the dollar from Saudi Arabia talking to China about doing transactions in petro dollars and India now is doing their what energy transactions with Russia and non, they’re not using dollars. This is going to have an impact on America, because we’re flooding the world with our debt and that money can come right back here like quail in the nostrils of the Old Testament Israelites. I have an expert here that is going to give us a heads up, because a lot of the way that this is being dealt with is digital.

You’re hearing a lot of talk about this digital currency and centralized banking and they’re eliminating a lot local banks. They’d love to see the frankly the dominoes of this crisis fold in such a way that centralized control is increased over banking and that’s not good for you. That’s not good for me. Just like the best politics is like local because it responds to the needs of people. The best banking is local because response to the needs of people. I predicted a while ago that we’re going to have this sheep and goat state’s division. It sounds like a simplification of a Bible metaphor, but its real. Certain states are going to take care of their people because we don’t trust the federal government especially this kind of government. Texas is doing something you need to know about. The language that I just heard is that you could say that there is a digital arc, that’s being prepared right now to rescue us from the sea of a federally digitally controlled currency.

I want to introduce my guest today is Kevin Freeman. We have Mercedes Sparks back on the show. Kevin, you need to bring us up to date for that don’t understand what’s happening with the banking crisis and its relationship to digital currency. People are floating this all the time as a solution. It’s really not the solution. It’s just another way of controlling a process. Talk to us about the threat of centralized digital banking.

Kevin Freeman: Well, all economic wars end in currency wars. And today currency wars are going to be waged in the digital arena. Whether it’s the Digital Yuan or Central Bank Digital Currencies or Biden Bucks as some people are calling it here. The Federal Reserve is preparing to go all electronic with complete control and the really scary part about that is when they wrote their working paper, but President Biden put out an executive order last year about a year ago that said we need to study this. And they didn’t start studying it, they started preparing it. And when they put it out the Federal Reserve wrote a paper on programmable money. Now think about that term money that can be programmed and who’s programming and what are they programming to do. This is what we’re facing is the entire banking system to be remade in a digital realm. They’re jealous of Bitcoin and how the success Bitcoin has had. But the two things Bitcoin has going for it. One is scarcity, there’s only a limited number of Bitcoins ever produced and the second is anonymity or privacy.

Well, they hate both of those. The central government wants to have no privacy, no anonymity.They want to be able to monitor everything and they want no scarcity. They want to be able to digitally create money where they don’t even have to go print it. And that is Central Bank Digital Currency in design to control the entire population and yet allow them to spend however they want to. They just won’t let you spend how you want to.

Lance: That’s interesting. Mercedes, you were telling me for a while to watch Glenn Beck. Talking about this and how even digital currency could come along as a reparations tool. You keep hearing these absurd reparations discussions but with digital, you can start to deal with inequity and while we really do owe a certain advantage to disadvantaged people and money gets reevaluated and redistributed digitally. That pretty much represent what you had heard?

Mercedes: Yeah, I mean I think Glenn’s really been ahead of the curve here and I mean maybe he’s getting his information from Kevin.

Lance: Well, yeah because Kevin’s show is on Glenn’s Blaze platform. We don’t normally plug other people, but we do in this case because we’re just such a generous show.

Mercedes: But yeah, no he paints a really dystopian picture and has been for probably two years now of the danger of digital currency. CBD season because there is a difference between crypto in my opinion which is decentralized versus a centralized CBDC and the amount of control that can be exercised. So, I mean we were joking before we got on the air where Lance got a cookie before you got on here. I mean it sounds crazy. I mean so did thinking that we were going to have vaccines and all be stuck in our homes, you can’t by yourself, you don’t have a vax. But this is how crazy this sounds that, well Lance, you were looking a little plump on that last broadcast. We’re going to go ahead and restrict you from buying any type of baked goods for the next week and a half. You can get vegetables though but you can’t get a cookie. I mean, it can get, it’s going to be that micro.

Lance: You can see it because that’s the tendency of woke orchestra.

Mercedes: I mean, Kevin, what other scenarios are out there?

Kevin Freeman: Mayor Bloomberg did that by the way on soda size.

Lance: Actually, he did that.

Kevin Freeman: There’s a limit on that.

Lance: Because the calories.

Kevin Freeman: Yes.

Lance: The kids were not getting a balanced diet.

Kevin Freeman: Yeah. No. The ability to control you. If you say something that against the narrative on the vaccine, you don’t get to spend money for a week because we punish you. If you happen to be of the wrong political party, they said this in Canada. If you’re a Trump supporter,will take away your bank account. These are real things happening right now and our mutual friend Nick Voyjic goes into his bank one day and they tell him you’re no longer welcome to bank here. I mean there’s no more sympathetic person on planet earth than Nick Voyjic I mean his voices power and wonderful. He’s gone through so much adversity being born without arms or legs and one day his bank just said no. You can’t make it.

Lance: No, you’re dangerous.

Kevin Freeman: Because he spoke at a pro-life convention.

Lance: Or he spoke for life. I’m going to go here right now. Let’s go to the Glen Beck segment. Let’s do that cut producer Chelsea and bring in what Glenn says introducing this because I’m going to, he gives an interesting perspective.

Glen Beck: We have a Texas State Senator on with us. His name is Brian Hughes and Texas has now introduced legislation in the house and the senate that could make gold or silver legal tender. Senator, welcome. How are you sir?

Senator: Good having a great day. Thanks for having me on.

Glen Beck: You bet. Okay, so tell me where this bill is, what it exactly does and why it’s important.

Senator: Several years ago, Texas established its own gold bullion depository. State of Texas taxpayer, you know, on a lot of gold investments and we were it was being stored in New York and other places and so we wanted our old our own bouillon depository along with that we wanted to have the option of trading in gold and silver and so we’ve had the Bullion Depository established for several years and now Senate Bill 2334 that I filed and there’s a companion in the house by Reverend Durazio will allow Texas to establish a gold backed digital currency. So,we’re talking about currency and backed by gold, a digital currency issued by the state of Texas

Glen Beck: So, wait, wait, wait, wait, wait, wait, wait. You kind of lost me on this. Why is it digital?

Senator: The idea about digital is to make it practical so that folks can use it in commerce. Of course, tied to gold, real currency, backed by gold, not fiat money and this is about the state of Texas making this available. There’s also concern about what the Feds might be doing and this is a defense mechanism against that.

Lance: Alright, let me just for my audience’s sake. Some of you guys are sophisticated in this stuff and a lot of us especially my audience especially the biblical group. I mean I’ve been a theological guy up until I got involved with the political discourse when I realized that the kingdom of God involves all 7 realms. Economic, political, media, education, and I oh my gosh the church is like almost like out to lunch on some of this. Remember this. Gold is a way of creating value that is a fixed way of measuring something. So, when you have gold, you have a standard to measure something by. Nixon took the United States when we were kids off the gold standard and he did it so that theoretically there could be a releasing of economic capacity.Which work to our advantage for a period of time, but it created this unreal world where dollars just trillions of dollars. You see images of dollars piled up going to the moon and back again and they see trillions, we just have no way of understanding what kind of massive amount of debt.We’re compiling without having something to measure against.

As long as the world takes our debt, we’re fine. God ever judges America and that money comes back home, we are in real trouble. So, then you look at well we got to get back involved with gold and silver. When I was doing my bible teaching on Trump and this period of history. I said the parallel is the gold and silver and the rebuilding of the temple and the rebuilding of walls. We’re talking about western civilization and nations recovering from something and being strong in the face of an emerging beast system. Which is empire, which is digital controlled government currency globally where America wants to go. And what I’m trying to tell you is that where we are now is we’re dealing with going back in Texas to one thing that can actually protect us which is get away from that the titanic of American debt by at least attaching value on silver and gold which can only be a real metric that has real value. So, Kevin, am I getting this right?

Kevin Freeman: Yeah, you’re getting it right. There’s a book, great book by George Gilder titled “The Scandal of Money” and he makes the point that time is money and when you can print money without taking any time, then, has no value. And the reason Bitcoin has value is because you have to mine it. The reason that gold has value is you have to mine it. Now I would go a step further. God’s declared gold as money. The bible talks about gold and silver all the way through,that is money you put gold and silver in your belt. The problem with gold and silver is not very transactional it’s very hard to use. So, Brian Hughes in your clip, it made the point. He says, well,we’re going to make it digital. So, it’s useful but it’ll be by gold. I would make one slight correction. What we’re talking about with the Texas transactional currency bill is not backed by gold. It is gold and that’s very important distinction because if gold is $2,000 an ounce and you deposit $2,000 in your account, they have to have one ounce of gold. But if the price of gold goes to $10,000 an ounce, they only have to have 1/5th of an ounce to back it. That’s not what we’re doing here. You’re buying gold in units and you’re spending it in unit

And Mercedes was there at the beginning. When Brian Hughes came to our Liberty Hawk Ranch and we sat down and walked through this. We brought Michelle Bachman in. We brought leading experts, technology experts, and others. We brought them all in. She was there and we crafted the bill that is now in Texas.

Lance: Alright, this is really incredibly important right now. We’re talking about creating an alternative economic system so to speak for the chaos that is coming to America. We’re going to take a quick break and come right back and dive into what that looks like.

Break: Lance, I’m glad we took a break here because in the midst of the storm, God gave Noah a plan for a boat that would float and we need to really pause here Lance and highlight that right now in the midst of the financial storm that’s brewing. Banks collapsing. There’s information coming out saying that the dollar may be weakening. When you have a weakening dollar and you have inflation only on the rise promised by Jerome Powell, it’s going to continue to go up.You need to be looking at other assets to safeguard your monetary value and so that’s why we bring you products like Birch Gold. So, if you go to “Lancewallnau.com/Birch”, you can actually contact them and talk with one of their experts to figure out what is right for you and so, it might be a little bit, maybe it’s a lot. And in fact, you should be thinking about if you’re in the retirement community and you have IRAs, Birch offers something that’s a gold-backed IRA. We have hundreds of people who are switching over to Birch and taking advantage of this opportunity. So, Lance I just want to encourage everybody at home be thinking about this. Be prepared. Don’t be caught off guard and make sure you get in on this financial arc and this boat that floats. Alright, let’s go back to the show.

Lance: Well, when CNN is on the same page whether you got to really stop and check your facts but they’re actually right. Watch this segment here on CNN.

CNN Segment: The dollar is America’s last surviving superpower. It gives Washington unrivaled economic and political muscle. It can slap sanctions on countries unilaterally which frees that country out of large parts of the world economy. And Washington can spend freely. Certain that its debt will be bought up by the rest of the world.

Lance: So, the idea about this dollar being a superpower. Trump knew how to use it. Biden did not know how to use it. I’ll never forget the moment that I really raised my eyebrows was when he said, in this State of the Union Address regarding Russia. He says, Putin has no idea what’s about to hit him. And we did something with somewhat unprecedented. Russia had money in American dollars. And we basically what I guess froze their access to that. We punished them. Which I think we should really be thinking about that. Other countries saw that the United States would take its economic system and not use it in a way that was discreetly and functional like Trump did. But to use it as a punitive weapon against any other government that doesn’t disagrees with our woke ideology and we are an offensive ideology in a lot of countries. That’s one reason why in India and in the Middle East they’re going we don’t want to be tied to American trans, American control of our money the same way we have an anxiety about our own government controlling us with banking.

So, my question is I don’t know that we’ve really clarified for the what the threat is. I’m going to go one more time by it. Make sure both of you had a say. What is the danger of the moment that we’re in and why must we take action now? Economic Warroom? Kevin Freeman.

Kevin Freeman: People are scared. People are worried that their bank’s going to fail. They’re trying to move their money around. They’re worried about the stock market. We printed so much money and had so much inflation and interest rates are going up. They’re saying we’re going back this backwards. We’re not going forwards. This is scary and then you hear things like Alfred just said on CNN which this is a weapon that we use in America against other countries. Well,they’re worried it’s a weapon that’s going to be turned on them and they’re pushing for this right now and if they get CBDC in place the way it’s been defined the way the Federal Reserve said and the president’s executive order said, it will be a complete control mechanism to where we won’t be able to, it was the mark of the beast. You won’t be able to buy or sell without conforming to their system.

Lance: So, Mercedes Sparks I can’t walk around with silver and gold I’ve got some I have friends of mine that worry about me and they go get me they give me gifts. By the way, I do like it when you do that that they give me a gift and a coin and it’s like thank you. But it’s impractical to go out and do business with that because the companies are they wanted to stick a credit card chip in and just do a transaction. What’s an alternative to silver and gold, because I can’t use the direct currency of coins and bars?

Mercedes: Yeah, well and I think that’s what we’re talking about and I and I’m glad you brought up some of the constraints that are really happening at a federal level. Also, there’s the Fed now that’s emerging.

Lance: What is Fed now?

Mercedes: It’s like a direct payment system that the Fed’s going to have now and so there’s just general.

Kevin Freeman: It’s out in July.

Mercedes: Yeah, and it’s out in July. Like you can make, you don’t need a third party anymore to pay the Fed you could just pay the Fed directly. So, it’s moving towards I mean when you kind of look at some of the signposts some of the concern is are we moving towards a federalization of our entire banking system. Where we see interest rates where they are, J–Pal keeps raising them,we saw the banking collapse recently in the last couple of weeks. So, people like you’re saying people are really concerned. So, what’s so great about this legislation that we’re trying to push forward in Texas is that we want to provide the solution, that is what Kevin’s working on. I’m going to let you go into detail about it Kevin, but I just want everybody to understand this technology already exist.

Mercedes: We’re not creating something.

Lance: That’s what I want you to talk about. The blue mountain city have a debit card, that’s a gold and silver card.

Mercedes: I know, we’re not, it’s a debit card we’re not creating something that doesn’t exist already. The technology’s there, its usability is there. We just want to house it here in Texas. So,I’ll let Kevin kind of explain it.

Lance: By the way, all of you that are listening from other states, you don’t have to move to Texas to do this.

Mercedes: No.

Lance: We’re going to fight this battle here. I want you all to know about it and I want you to know how to help us, because the Alamo is here and we’re going to do something in Texas for the country and every state can participate in this breakthrough. Can’t they, Kevin?

Kevin Freeman: Oh yeah, this was originally intended by the founders to be in case the congress goes off the rails with fiat money literally is what they were seeing now. Yes, this they left to the states article 1 section 10, they left the right to the states to make gold and silver coin tender in the states. And like Mercedes mentioned this is my Glint card, I’m going to cover numbers up so that you don’t see it but you see the Mastercard logo on there. I actually paid for meals. You’ve paid for meals with that and what you do is you send this private company any amount of money, $100, $1,000, $10,000, they buy gold, hold it in a bank in Switzerland and when you spend it as a Mastercard as a debit card, they take they sell the gold, take it out of your account, and pay the merchant.

Mercedes: Yup, and it’s all in an app just because like you’re going to physically send them money, right? So, it’s no different. This is an app like this. It’s no different than any other like I’m a parent so I have like green light. So, my daughter has a card but I transfer money into it. She has card. The only difference is Glint is one for one. So, the cash I transferred in there. It’s now turned into gold and I can actually toggle on that MasterCard from the app. I can toggle between do I want to be spending my gold right now or do I want to be spending this as in cash. So, it’s really powerful but again, the problem it’s in Switzerland and talk about the capital gains, Kevin.

Kevin Freeman: Yeah, when it’s in Switzerland, that means that it’s not tender here in America which means that every time you use the card, you’ve created a capital gain or loss. You bought gold at one price and you expend it at a different price either at a gain or loss. Which means you have to report it to the federal government. Which means you lose the privacy and you lose some of the inflation protection. So, here’s a choice. You got a choice. You can send your money to your normal bank and they can hold your money in the form of paper dollars which by the way become an asset of the bank and a liability to you. If the bank fails, only the first $250,000 of that is protected by the FDIC. That’s called Fiat banking.

In some cases, like in Silicon Valley, they guaranteed much larger amounts for the Fat Cats in in Silicon Valley. But you and I, if we exceed 250, 000 the bank fails, we might not get all our money back. But it’s held in paper. If you deposit in the Texas Bullion Depository, they’re going to hold gold and it will be ounce for ounce. You buy an ounce, you keep an ounce and then, when you spend it, they’ll take whatever the current market price is, sell off just enough to meet your needs. So, there’s no fractional banking. There’s no risk. They’ll back it by Lloyds of London does the insurance for the Bullion Depository. It’ll be safe, easy, and convenience like taking the gold vault that we have and adding an ATM machine onto it to make it easy without the privacy worries and while they hold it, it’s not taxable as a capital gain if it goes up in value.

Lance: Now, will this come with a card like the others card you showed us or how will people you be able to make this practical?

Kevin Freeman: That’s in the legislation. They can put on a card. They can put it on an app like Mercedes has her Glint and it will be functional for people both inside and outside of Texas. Just as in 1837, the Bank of Kentucky was taking gold on deposit, issuing out certificates and they traded all across the country.

Mercedes: So, one of the reasons I really love this idea too is, a lot of times, we do talk about birch and hey, go ahead and get your gold at Birch. But often times, we have comments and they’re like, I can’t afford that. How am I going to get that type of gold? How am I going to afford that but they still want to safeguard their dollars? What’s so great about this is it’s accessible for anyone with any it’s essentially a checking account backed by gold. In a lot of ways, that’s what it is. So, it’s so accessible for everyday Americans. It’s not just owning gold and silver is for like all the Uber wealthy. This is accessible for everybody.

Kevin Freeman: The gold dealers are going to love it. I got contacted by someone who writes for Shift Gold this morning, they love it because it’s going to, when you make gold transactional, it’s more valuable. So, it’s going to make all the value of those gold dealers increase. Plus, they can sign up to be connected to the depository to be a waste. So, I predict you’ll be a to go to your favorite gold dealer and say, I’ll buy the gold from you, put it in my, on deposit in my account.

Lance: And if I’m not mistaken, this really isn’t a right-wing, left-wing issue. This is really anybody, any Democrat or independent, especially independents, who distrust centralized power. They would like this legislation.

Kevin Freeman: And Democrats should like it because it’s bringing equity. Poor people can’t afford to buy gold and this makes it convenient for them to buy it, hold it, and use it. The problem with gold is go buy it and I get a bunch of coins and I stick it in a vault in my house but then I got to pay a bill what do I do with that. This makes it convenient and useful. This is what the founders intended.

Lance: What can they do in America to get on the arc?

Kevin Freeman: The way to do it is go to “Economicwarroom.com/Gold”, and there’s an Align Act campaign where you can point click send to all the legislators in Texas and say pass this bill.Assign it in the law Governor Abbott, because once it’s in place, I’ve already talked to Oklahoma talked to South Carolina. We’ve talked to Alaska and other states. They want to tie in to this and be part of this arc. So, we can have a series of these set across the country. If we can build it fast enough, the federal government will not be able to stop it.

Mercedes: I really want to say this that often times, we are inundated with the chaos of what’s going on around us and there are certain instances where I do get to sit here as a fly on the wall and just be privy to in the middle of these horrific situations that are happening around us. There’s always that like but God statement. So, it’s like banks are failing. There’s a centralization of money. There’re rapid inflation and people are looking around going okay, but and they’re praying. And then all of a sudden God does one of these things where but God raised up Kevin Freeman and a bunch of mighty men and mighty women to create a solution and save the people of God. And so, I want to encourage you go to that website Kevin just listed. And make your voice heard and let legislators know you don’t have to just be a Texan to do this. I want this as a solution to the inflation that I’m feeling every single day when I go to the grocery store. This is the solution and it’s amazing to be a part of it to watch.

Lance: “EconomicWarRoom.com/Gold”. I am endorsing that and telling you need to take action right now. This is a window we have to go through quickly. We have to move expeditiously. Thank you, Kevin Freeman, for being on our show. Economic War Room’s doing a great work and Mercedes Sparks, thanks for being sparkly. We’re really finding solutions like you said, man. We got a solution here and silver, gold, Texas, get that card, that digital format done.

Mercedes: Yeah.

Lance: You heard like Glenn Beck’s paranoia about digital, you said digital but yeah, digital, you use credit cards or digital. The question is, are they under your control or the government’s control?

Mercedes: Yup.

Lance: That’s the big deal. By the way, you can get Kevin’s book According to Plan, the Elite Secret Plan to Sabotage America. Great cover. I love I that cover and you can get that book there and use code Lance.

Mercedes: For buy one get one.

Lance: For buy one and get one.

Mercedes: That’s Bogo.

Lance: Bogo.

Mercedes: I just want to make sure you knew that was. Everyone in the audience.

Lance: I thought you were calling me a bozo. I was going to go, you guys are so insulin, but it’s BOGO.

Lance: Okay.

Mercedes: Buy one get one.

Lance: Okay. Talk to you guys on our next installation. Bye-bye.

Closing: Did you enjoy this latest episode? Please remember to share your friends. Because the more knowledge you have, the better equipped you are to navigate the world.