In Part 1 of the FreedomWorks panel in May 2023, Hard Asset Management CEO Christian Briggs and Tennessee Congressman Mark Green speak about the transformation of the how we pay for things in the United States, as well as the downward spiral of the U.S. dollar. A number of countries are getting rid of their dependency of the U.S. dollar and relying instead on the Chinese yuan or their own country’s monetary system. The Chinese government is leading the BRICS (Brazil, Russia, India, China, South Africa) coalition. These are fast-growing economies that will collectively dominate the global economy by 2050. Former assistant secretary of the U.S. Department of the Treasury, Monica Crowley recently said “It’s really hard to overstate exactly how catastrophic the abandonment of the U.S. dollar would be as the world’s global reserve currency. If that were to end, that would mean the end of the U.S. dollar.”
In Part 2 of the FreedomWorks panel in May 2023, Hard Asset Management CEO Christian Briggs and Tennessee Congressman Mark Green speak about how a gold standard will be instituted to back the U.S. CBDC. In fact, the Federal Reserve has many documents where they've been working on this for a number of years. Reserve Chairman Jerome Powell has gone on record saying that there may be place for two different global reserve currencies simultaneously. The central banks around the world are setting records every single month with their purchasing of gold. That will reflect in gold prices in a very positive manner.
In Part 3 of the FreedomWorks panel in May 2023, Hard Asset Management CEO Christian Briggs and Tennessee Congressman Mark Green speak about the perils of a digital currency. They take away liberties, life and freedom. Federal Chairman Jerome Powell said in open congressional hearings about two years ago, that there will be more than likely be two reserve currencies of the world in order to maintain the consistency of at least your enemies. And knowing that the U.S. CBDC will ultimately be backed by gold, many states are hedging on that. Georgia and Texas are buying gold. Other states are following suit because they see the decline of your buying power, based off the dollar. Gold was at $1200 five years ago, and today it is hovering near or above $2000.