Justin: “Alright, here we are for another episode of Liberty Coin & Precious Metal’s radio, my name is Justin O’Connell and I’m sitting down with the Dollar Vigilante, Jeff Berwick, once again.
Jeff it’s been an honor speaking with you for two episodes now, and now we have you for your third, and I’d like to thank you.”
Jeff: “Well thank you, we’re actually standing, I want to just state that you already lied once.”
(Laughter)
Justin: “We’re going to be talking about the U.S. dollar first and foremost today. First thing’s first, what is the U.S. Dollar?”
Jeff: “Well, no one knows, it’s an abstract non-market piece of paper with drawings painted on it. We’ve really been in this fiat world since 1971, since August 15th 1971. Richard Nixon removed the final gold backing of the dollar, and everything that’s happened since then has been an economic fantasy land. People need to understand that. When you think about what’s happened for the last forty years, it’s very important to understand that the sooner you can get prepared, and buy hard assets… get rid of your paper dollars. That’s what we write about. I write the Dollar Vigilante, and the whole concept is just, get rid of your dollars. Whenever you get some of them, get rid of them, and buy something that Ben Bernanke can’t print.”
Justin: “And basically by getting out of that which Ben Bernanke can’t print, you’re basically taking away some of the firepower that our government and central banks have in waging war with populations across borders.”
Jeff:” Totally. Ron Paul stated recently, that it’s no coincidence that the century of central banking was also the century of war. Complete total war. You cannot actually have war without central banking, without inflation. If you get a bill in the mail every month for your Afghanistan wa,r your Iraq war, your Libya invasions, your drone bombing of palestinian women and children, you’ll probably stop at some point, because you’ll be like, I don’t really want to pay for this. But, that’s how they do it. Through inflation, that’s how they pay for all these things. This has been a horrible experiment. Central banking is actually a communist construct, it was actually devised by people like Karl Marx. It’s a complete communist thing. And it’s actually going to collapse. The Federal Reserve was founded in 1913, December 24th 1913. I don’t know if its going to make it to its hundredth year, and I hope not. And we’ll be so much better off it doesn’t. ”
Justin: “Absolutely, and there are many more people waking up and realizing that keeping their money in these keystone banks, they are doing an immoral act almost. So you have to get it out of those banks somehow, in order to protect not only yourself, but we talk all the time about protecting our savings, ourselves… but when you take money out of those banks you’re protecting others as well. It’s a moral act, I feel.”
Jeff: “Absolutely, I agree 100% and not many people realize that. It’s an ethical, moral act to disconnect from this system. This is a despicable horrible system. All it’s done actually is, Central banking can’t actually improve anything. It’s not possible. If you actually think about it, I know in your government schools, indoctrination camps, they don’t teach you how to think… but if you actually do think, Central banking can’t do anything. Let’s say we’re on an island with five people. Okay, so four of us work, we fish, get coconuts, whatever. And one guy goes, ‘I’ll start a central bank, and we’ll all be way better off. There’ll be less unemployment, and you know uh, I’ll protect the purchasing power of our coconut currency or whatever… you’d just laugh him off the island. That’s one of the problems that’s going on, the world’s getting to be a big place– there’s 7 billion of us now. And they’ve learned to disconnect us from each other, and we have to just reconnect, and it might actually just take a collapse of the system to make it happen, which is unfortunate, but is actually …
Justin: “And if enough people are protecting themselves, and enough people doing the proper research, it might actually be for the better like I think so many people agree.”
Jeff: “Oh, we as a human race have so much potential. If you just look at the last 100 years, what’s happened, we used to die when we were 40 years old. Now we die when we’re 80, and that’s why midlife crisis actually occurs. You know, the amount of just unbelievable (technology)… you can video conference with your friends and families around the world. And that’s despite of the state system. If we didn’t have the states, and the regulations, and the rules, and the way they destroy capital through taxation, we’d already be living on Mars if we wanted to. We have so much potential, and that’s why I fight for what I am talking about, because I can see the potential. It could be so beautiful, and we’re actually fairly close. We just have to get there.”
