Ultimately Armstrong believes the push to install a CBDC system will lead to the breaking up of the United States and will push economic activity back to the level of barter if it nears success. Such subjugation runs against common sense, nature and economic forces and will lead to collapse and a reset of government.
Key Points of Martin Armstrong:
Government and Economic Systems
– Armstrong argues that centralized control, like Central Bank Digital Currencies (CBDCs), will lead to the breakup of the United States.
– He believes one-size-fits-all government policies don’t work, citing the collapse of the Soviet Union as an example[1].
– Armstrong predicts that CBDCs will fail due to people seeking alternatives, leading to private currencies and a redesign of government.
Historical Patterns and Human Nature
– Armstrong emphasizes that human nature doesn’t change, and we can learn from historical patterns.
– He cites examples of private currencies emerging during crises like the American Revolution, Civil War, and Great Depression.
Proposed Solutions
– Armstrong suggests banning government borrowing to prevent debt accumulation and defaults.
– He advocates for eliminating career politicians and increasing direct citizen involvement in governance.
Future Outlook
– Armstrong predicts a collapse of current government systems, followed by a redesign after 2032.
– He believes private currencies, including physical forms like gold and silver coins, will emerge as alternatives to CBDCs.
Criticism of Current Systems
– Armstrong criticizes the current democratic system, arguing that citizens aren’t truly involved in major decisions like going to war.
– He expresses skepticism about cryptocurrencies, suggesting Bitcoin might have been created to promote the idea of CBDCs.
Armstrong concludes that attempts to control society through CBDCs will ultimately fail, leading to a restructuring of government systems similar to what the founding fathers did in 1776.
Donation:
This interview is done for the documentary CBDC: The End of Money. Donate to the production of the film here:
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