Transcript of the above video: 

I thought of making this video after listening to a recent podcast by Martin Armstrong, somebody who I have listened to for some time now. He's a former advisor to President Ronald Reagan amongst many, many other things. Very smart guy. I put the link in the description below to that podcast, but in there he talks about so called CBDCs, the BRICS, the OECD, well he doesn't go into the OECD specifically but talking about "money laundering" and "tax evasion" and all of this stuff and he brought up a really good point as regards CBDC. The thing to understand and keep in mind here is this is about surveillance and it is also about tax policy; he brings that up in that podcast. It is the brainchild of a bunch of bureaucrats who really don't have a lot of understanding about how the real world works. As he says in his own podcast, oftentimes these Government people who he consulted over the years, the one thing they never ever see is that they might be the problem. That the Government itself, sticking its nose into the workings of the free market and into the financial transactions, business transactions, of regular day to day people, that is the problem. I mean if nothing else proved that, the fall of the Soviet Union proved that; that that is the problem. That is what people don't like and they won't allow a society to maintain itself like that for a very long period of time. 

But what I thought was interesting is he brought up these notions of "Tax Havens" and "money laundering" and things. Again it's because these people have a very honestly, simplistic way of looking at the world. They see it again through a bureaucrat's eyes, but they say "hey if I can just get full transparency of all transactions", they seem to think that 35% for example of the overall economy in the West for example, is off the books and if they can just get that on the books they make 35% more in Revenue. Well the fact of the matter is that's not practically how it ever works. People will always find workarounds, they already are. Cryptocurrency to one extent may operate as that although I don't think it is the workaround many think it is. Meanwhile precious metals and demand for them - especially physical precious metals - is exploding and part of the reason for this is that people don't like constant surveillance in just doing their business. And, I am sick and tired of this "well if you don't have anything to hide!"  No, privacy is a right precisely because we all have something to hide at the end of the day. We have a right to hide things from the public; we have a right to a private life and we have a right to private transactions, and the OECD, the BRICS in my mind I have seen a lot of people who are out there viewing that as some sort of saviour. I'm not so sure. I mean you have got China involved, you have got Russian involved. Russia has got internal passports for god sakes! I'm not saying they are terrible, horrible people but internal passports always creeps me out. I remember doing videos on that back during COVID. Meanwhile in China you have got social credit scores. These are not people who necessarily prioritize liberty to the same extent as folks in the free West as well as free Asia prioritize liberty and privacy in financial transactions. And again this notion of "money laundering" and "Tax Havens", he brings up in that podcast as well that Christine Lagarde some years ago when she was heading up the IMF went after all these so-called "Tax Havens", basically weaponizing SWIFT against them. That's part of what he talks about in there that SWIFT has been used as a cudgel against many jurisdictions over the years and this has led to the rise of BRICS.

And again I go back to just the issue of privacy. Why is it the business of the IMF what kind of money I am holding in the Cayman Islands? Why is that any of their concern? And I'm sick and tired of this "oh well there could have been some crime." Well then prove a crime. Prove a crime against somebody. Put somebody through due process. You have to meet the elements of a crime. Stop weaponizing your ability to control our bank accounts arbitrarily and capriciously. Is that what the "new system" is going to look like? Your "New World Order" to quote both TASS talking about the BRICS and pretty much every technocrat in the West, in the WEF, the World Economic Forum, all these folks. Is that what it is going to be? It is just you want surveil us all the time so that you can tax us into oblivion. I'm sorry, I am just not on board with it. 

Meanwhile, the term "money laundering" was made up in 1987. All it really means is moving your own money around in a way the Government doesn't really like. And meanwhile, the notion of a "Tax Haven", whatever happened to the Westphalian notion of sovereignty? Where a country, hey we're country X, we are country Y. Here in this country you want to do banking with full privacy? That's your business, fine. Why is it the remit of some International Banking Agency that nobody elected any of their membership to, why is it in their remit to interfere with all of our banking activities, all of us little guys throughout the world who just want to do our business and do it in some level of privacy because we don't want to have a constant nose of the nanny-state in our personal business. Yeah at the end of the day I'm sorry. All of this buzz words about "money laundering", "Tax Havens", Central Bank Digital Currency, whatever, I'm getting pretty tired of it. It all looks like just a ruse to me to strip away what little financial privacy, the little guy, the common man of the world has left.