RADIOMarch 15, 2022

FINANCIAL WARS: Will China OVERTAKE the US dollar worldwide?

Glenn explains that he has certain ‘trip wires’ — signs that it’s time to prepare him and his family for hardship — and one of those warnings may be presenting itself today. Russia recently asked China for economic assistance as Putin continues his invasion of Ukraine, leading us one step closer to world war. But, Glenn says, we are ALREADY in a world war — a financial one that centers entirely around currency. In this clip, he explains how China is positioning itself to take power away from the U.S. dollar. And, if successful, not only will America face inflation levels far worse than today but a potential collapse of the U.S. dollar as well…

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. There's a couple of things that are going on, that you should know about. First of all, Russia has bombarded a Ukrainian military range, near the Polish border, killing 35. Russia also requested military and economic assistance from China. This is according to the US. That's really good news.

That's really good news.

China and Russia are beginning to form their alliance. And in that alliance, North Korea, and Iran, and I believe eventually, Saudi Arabia.

And maybe -- maybe, if we're really lucky, India.

Pakistan will go that way. And you will have an axis and allied power.

I would bet that most of Africa goes their way as well.

So now, China has said, no, no, no. We -- Russia calling us for help. We don't even know what you're talking about.

Quote, we've never even heard of that. Uh-huh.

Also, this weekend, Iran launched 12 missiles.

And those 12 missiles landed all around a U.S. consulate. The good news is the consulate wasn't damaged. Nobody was killed.

They launched 12 ballistic missiles against our consulate.

And they said, hey. This is something to do with those -- those Jews.

Darn, those Jews. They sent their Mossad in. And they killed a couple of people of ours.

Okay. So what do we have to do with that?

Why are you bombing the streets around the consulate, not killing anyone?

I personally think, this is another test of the United States. Can we do this? While we're in nuclear negotiations with Iran. And will they still sit at the table. This is another test of our president. His resolve. And what he's willing to take.

So now, let me get to the -- let me get to the big news this weekend.

We are edging closer and closer to a world war.

And we're already in a world war, when it comes to the dollar.

This is really critical. This is one of those tripwires for me.

I have been trying to come up with tripwires of when I say to my family, okay.

All right.

Everybody in the car. You know, we're going underground. What are the tripwires that I'm looking for?

One of them is a spreading of this war. If this war starts to spread into other countries, that's a big tripwire for me, that says, we're now headed towards a world war -- a World War III.

And it's going to get serious. A serious attack on our power grid is another one.

And? A serious -- a serious attack on the U.S. dollar.

When you start to see China and Russia coming together, and putting together a -- an alternative to the petrodollar, you have a real problem.

Now, this might take me a while to explain this. But I want to -- I want to show you, where we've been, what the dollar -- why everybody has the world's reserve currency, as the U.S. dollar.

Bretton Woods. Then I want to tell you what happened this weekend. Because a major tripwire was crossed.

So the -- the -- the petrodollar is why we have our dollar. Our greenback. In the banks of almost every foreign country. In fact, I think every foreign country. If you want to buy oil, especially from OPEC, it must be purchased in U.S. dollars.

Why do you think Hillary Clinton said, we came, we saw. We killed him.

Remember that?

She was laughing about the death of Gadhafi. We were involved in that death, absolutely.

He was dragged in the streets by his own people. But we weakened him. Why did this happen?

Why did Gadhafi?

Why did the United States want Gadhafi out of there?

We were all saying, this is destabilizing the Middle East. What are you doing?

We did it, because he said, we're going to start taking euros for Libyan oil. Okay?

No, you're not. No, you're not. We have a deal with OPEC in Saudi Arabia.

You can sell oil. We'll provide you arms and everything else.

And we'll buy your oil, and we'll continue to buy your oil. But you only sell oil, in U.S. dollars. So that means, any time a country wants to buy oil, from OPEC, they have to take their dollar, buy U.S. dollars. Buy the oil, okay?

So you can't buy oil outside of a U.S. dollar. That's why everybody has the U.S. dollar.

It's oil makes the world go around.

It's not gold. It's oil.

So if somebody starts to come off our dollar, and starts buying oil, with something else other than the U.S. dollar, we usually kill them.

Or we isolate them. Or we depose them. We do something, so that doesn't happen.

Why?

Because if these countries, that hold all of these dollars, 80 percent of all printed money, is overseas. So if this -- the dollar, which is held in all of these central banks, and all of these banks, all over the world. If they start selling those dollars, and those treasuries. All of that money rushes back here to the United States.

What does that mean?

Well, if 80 percent of our money is being held in banks, and it starts to rush back here, it means, out of control inflation.

If you think inflation is bad, we're talking hyperinflation. It will mean a dollar collapse.

You just -- it won't be worth anything.

So we don't want to do anything that upsets the petrodollar thing.

Yet, what happens to the petrodollar, if we stop buying gas?

And oil?

And we tell the whole world, you have to be green? Hmm. Has anybody just thought of that?

Even if you care about the planet, and you think it's the most important thing, and people should eat rocks, and who cares if they live or die. You should care about the petrodollar.

Is anyone pegging it to something else?

Because we got off of gold. Now, one more thing you need to know the history of how we got here.

Bretton Woods happened right after -- it's a town in -- where is it?

New Hampshire, I think. Bretton Woods. The whole world got together after World War II, because we had all the gold.

Because Europe needed to get you will kinds of things, you know, armaments and tanks and everything else. They didn't have any money. So we were just like, you know what, send us your gold. Send us your gold, we'll send you the tanks. And airplanes, and everything else.

Just send us your gold. So we had all of the gold for the whole world in Fort Knox. That's why we said, we'll be the gold standard.

We'll never break the gold standard. You just take our money. You can buy oil with it.

It's the only currency you can buy oil with. And we're on the gold standard. 1972 comes along, and that's when Bretton Woods 2 happens. And that's when the United States says, by the way,, you know what, we want war and the great society, so we're coming off of the dollar standard. Or, the gold standard.

But we'll never, ever really abuse it. And here's the good news: We're going to become consumers. Right now, we've made refrigerators and televisions and cars and everything else, that the world is buying.

But now, because we want the war, and we want a great society. We're going to come off that. And we're going to now stop making those things. Ship our jobs overseas. And we'll buy your products.

So we'll become a consumer nation. And you'll be able to get rich. Just hang on to our dollar.

That's Bretton Woods two.

We are now approaching Bretton Woods three.

And the world will change as much as it did in World War II.

This is something that unless you lived through World War II, you have not seen anything like what is coming.

Here's what happened, over the week.

Well, let me take one minute. And then I'll come back and tell you what happened over the weekend. It's a tripwire, at least for me.

GLENN: Okay. There's a couple of things that are going on, that you should know about. First of all, Russia has bombarded a Ukrainian military range, near the Polish border, killing 35. Russia also requested military and economic assistance from China. This is according to the US. That's really good news.

That's really good news.

China and Russia are beginning to form their alliance. And in that alliance, North Korea, and Iran, and I believe eventually, Saudi Arabia.

And maybe -- maybe, if we're really lucky, India.

Pakistan will go that way. And you will have an axis and allied power.

I would bet that most of Africa goes their way as well.

So now, China has said, no, no, no. We -- Russia calling us for help. We don't even know what you're talking about.

Quote, we've never even heard of that. Uh-huh.

Also, this weekend, Iran launched 12 missiles.

And those 12 missiles landed all around a U.S. consulate. The good news is the consulate wasn't damaged. Nobody was killed.

They launched 12 ballistic missiles against our consulate.

And they said, hey. This is something to do with those -- those Jews.

Darn, those Jews. They sent their Mossad in. And they killed a couple of people of ours.

Okay. So what do we have to do with that?

Why are you bombing the streets around the consulate, not killing anyone?

I personally think, this is another test of the United States. Can we do this? While we're in nuclear negotiations with Iran. And will they still sit at the table. This is another test of our president. His resolve. And what he's willing to take.

So now, let me get to the -- let me get to the big news this weekend.

We are edging closer and closer to a world war.

And we're already in a world war, when it comes to the dollar.

This is really critical. This is one of those tripwires for me.

I have been trying to come up with tripwires of when I say to my family, okay.

All right.

Everybody in the car. You know, we're going underground. What are the tripwires that I'm looking for?

One of them is a spreading of this war. If this war starts to spread into other countries, that's a big tripwire for me, that says, we're now headed towards a world war -- a World War III.

And it's going to get serious. A serious attack on our power grid is another one.

And? A serious -- a serious attack on the U.S. dollar.

When you start to see China and Russia coming together, and putting together a -- an alternative to the petrodollar, you have a real problem.

Now, this might take me a while to explain this. But I want to -- I want to show you, where we've been, what the dollar -- why everybody has the world's reserve currency, as the U.S. dollar.

Bretton Woods. Then I want to tell you what happened this weekend. Because a major tripwire was crossed.

So the -- the -- the petrodollar is why we have our dollar. Our greenback. In the banks of almost every foreign country. In fact, I think every foreign country. If you want to buy oil, especially from OPEC, it must be purchased in U.S. dollars.

Why do you think Hillary Clinton said, we came, we saw. We killed him.

Remember that?

She was laughing about the death of Gadhafi. We were involved in that death, absolutely.

He was dragged in the streets by his own people. But we weakened him. Why did this happen?

Why did Gadhafi?

Why did the United States want Gadhafi out of there?

We were all saying, this is destabilizing the Middle East. What are you doing?

We did it, because he said, we're going to start taking euros for Libyan oil. Okay?

No, you're not. No, you're not. We have a deal with OPEC in Saudi Arabia.

You can sell oil. We'll provide you arms and everything else.

And we'll buy your oil, and we'll continue to buy your oil. But you only sell oil, in U.S. dollars. So that means, any time a country wants to buy oil, from OPEC, they have to take their dollar, buy U.S. dollars. Buy the oil, okay?

So you can't buy oil outside of a U.S. dollar. That's why everybody has the U.S. dollar.

It's oil makes the world go around.

It's not gold. It's oil.

So if somebody starts to come off our dollar, and starts buying oil, with something else other than the U.S. dollar, we usually kill them.

Or we isolate them. Or we depose them. We do something, so that doesn't happen.

Why?

Because if these countries, that hold all of these dollars, 80 percent of all printed money, is overseas. So if this -- the dollar, which is held in all of these central banks, and all of these banks, all over the world. If they start selling those dollars, and those treasuries. All of that money rushes back here to the United States.

What does that mean?

Well, if 80 percent of our money is being held in banks, and it starts to rush back here, it means, out of control inflation.

If you think inflation is bad, we're talking hyperinflation. It will mean a dollar collapse.

You just -- it won't be worth anything.

So we don't want to do anything that upsets the petrodollar thing.

Yet, what happens to the petrodollar, if we stop buying gas?

And oil?

And we tell the whole world, you have to be green? Hmm. Has anybody just thought of that?

Even if you care about the planet, and you think it's the most important thing, and people should eat rocks, and who cares if they live or die. You should care about the petrodollar.

Is anyone pegging it to something else?

Because we got off of gold. Now, one more thing you need to know the history of how we got here.

Bretton Woods happened right after -- it's a town in -- where is it?

New Hampshire, I think. Bretton Woods. The whole world got together after World War II, because we had all the gold.

Because Europe needed to get you will kinds of things, you know, armaments and tanks and everything else. They didn't have any money. So we were just like, you know what, send us your gold. Send us your gold, we'll send you the tanks. And airplanes, and everything else.

Just send us your gold. So we had all of the gold for the whole world in Fort Knox. That's why we said, we'll be the gold standard.

We'll never break the gold standard. You just take our money. You can buy oil with it.

It's the only currency you can buy oil with. And we're on the gold standard. 1972 comes along, and that's when Bretton Woods 2 happens. And that's when the United States says, by the way,, you know what, we want war and the great society, so we're coming off of the dollar standard. Or, the gold standard.

But we'll never, ever really abuse it. And here's the good news: We're going to become consumers. Right now, we've made refrigerators and televisions and cars and everything else, that the world is buying.

But now, because we want the war, and we want a great society. We're going to come off that. And we're going to now stop making those things. Ship our jobs overseas. And we'll buy your products.

So we'll become a consumer nation. And you'll be able to get rich. Just hang on to our dollar.

That's Bretton Woods two.

We are now approaching Bretton Woods three.

And the world will change as much as it did in World War II.

This is something that unless you lived through World War II, you have not seen anything like what is coming.

Here's what happened, over the week.

Well, let me take one minute. And then I'll come back and tell you what happened over the weekend. It's a tripwire, at least for me.

THE GLENN BECK PODCAST

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Watch Glenn Beck's FULL Interview with Dr. Jeremiah Johnston HERE

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Glenn Beck and Stu Burguiere unpack JD Vance’s viral response to a potential 2028 Vance-Rubio presidential ticket, where Vance praises Rubio as his “best friend” and credits Trump’s “grand strategy” for the administration’s success.

The SECRET every young man NEEDS to hear

The world has a plentiful, seemingly endless supply of angry boys. What it's lacking is real MEN. Glenn Beck shares the secret that our young men must learn if they truly want to protect and perfect our country.

Transcript

Below is a rush transcript that may contain errors

GLENN: There's a difference between a revival and an awakening. We are in a revival right now, but that doesn't necessarily lead to anything. Except, oh, I have to re-learn those principles. But that doesn't mean you apply them in your life. Okay?

That's an awakening. There's been two great awakenings in American history. One brought us the American Revolution. The second one brought us the Civil War and the freedom of slaves.

We have the possibility of going into a third great awakening. That's the only thing that will save us. If you don't know the difference between a revival and an awakening. Let me give you the negative print of a godly awakening. Our kids right now, they don't have any purpose. They don't have any meaning.

They look at everything, and it doesn't -- it's not real. None of it is real. It's money. It's fame.

It's -- you know, it's ever changing truths and definitions. And they have no purpose in their life. Okay?

So they're looking for that. Because man has to have purpose in his life. Man has to search for meaning.

So they're searching for meaning. And they found a group of people that actually mean something. And they're willing to die for it. And it's ISIS.

And so they're like, at least these people believe in something. They believe it. And they're willing to die for it. I'm going to stand with them. And they put that twisted understanding into action. That's the -- that is -- that's an awakening. It's just an awakening to the dark side. And that one is already happening. It has to happen on the good side. And let me speak directly to young men: Look, you are inheriting a very loud, angry, cynical and worst of all spiritually starving and malnourished society. And you are being sold a future of cheap pleasures and hollow heroes and screens with blue light that just rob you of your strength, one distracted second after another.

And in the middle of all that noise, may I just give you one piece of instruction. If there is anything virtuous, lovely, of good report or praise-worthy, seek those things.

Don't admire them. Don't nod at them. Seek them!

Hunt them. Chase them. Build your life around those things. A man who will do that. A boy. A young man who will do that, will become different. Noticeably different.

He will stop letting the culture feed him garbage. He stops applauding the trivial. He stops laughing at the obscene or cheering for the cruel.

He will become a curator of -- of real, lasting beauty in an age that has forgotten what beauty even looks like.

When other men are chasing down or holding up cynicism, this man holds up hope!

When everyone around him is chasing dopamine, he chooses discipline. When others will blame their circumstance, he'll take responsibility for his own action. When the world worships the shallow, he goes and searches for the deep!

You want to know what the secret of becoming strong is, or becoming trusted, or becoming the kind of man that your future wife, your future children, your future nation can depend on?

Here it is!

You become what you seek. If you seek trash, you become trash. If you seek virtue, you become a man of virtue. You seek excellence, and your life will begin to shine, not loudly, but steadily. Like the steel glow of a blade being forged.

That's who you'll be.

The world has a plentiful, seemingly never-ending supply of angry boys. We don't need any more addicted boys.

We don't need any more distracted boys. The world needs men. Whole men. Clear-eyed men.

Men whose souls are anchored to something higher than the algorithms, trying to own them!

Build a life worthy of admiration. Forget about the applause. Fill your mind with words that make you wiser. Fill your days with work, hard work, that makes you stronger. Fill your home with beauty that lifts every soul who walks into it.

Have your home a place where people walk in and go, man, I say so great here. I just love it here. I don't know what it is about your house. I just love it. It's the spirit that's there! Because you built it! You protect it.

Protect your integrity like a watchman on the wall. Don't lie. Don't cheat. Don't steal. And when you fail, and you will, stand back up again.

Because a man who seeks the virtuous, is not a man who never fails. He just -- he just becomes a man who refuses to stay on the ground.

If you seek things that are lovely and pure, trustworthy, praiseworthy, you'll become a kind of man this age almost never produces. A man whose very existence is a rebuke to the darkness.

That's your calling. That's why you were born.

Not to be lost. Not to play video games. Not to give up. Not to say, there's no hope. Not to end up in the trash bin of human history because you've -- you've taken so many drugs, you can't stand up straight anymore.

You're not destined to be alone.

You were destined for great things. You are destined to find an amazing woman!

Believe me. I didn't think I would ever find an amazing woman. Because I didn't think I was worth it. I didn't think I was worth it.

And until I started understanding how God works. That, yeah. I'm not worth any of the stuff that I have.

When you realize, it's all a gift. It's all a gift. And even if you work your brains out, you may not ever get all the things that you want. But you're going to have everything you need. Once you realize, carefully selecting friends makes a difference. My mother used to always say, show me your friends. I will show you your future.

It's true. Be careful who you select as friends. Watch your language. Watch what you're putting into your brain and what's coming out of your mouth. Because the brain is so amazing. It's being turned to mush. Did you know that there is a new study that just came out. I have to tell you about it next week, maybe.

New study going out. It is -- it's AI. And it has access to social media, and they have found that the AI -- the AI that is scrolling through social media all day, just to keep updated on everything that's going on in social media. It's getting brain mush. It's actually becoming dumber. It's become less effective!

It's a machine. What do you think this, flesh and blood, this thing is going to do?

We say life is meaningless. And life is the only thing that has any value. And yet, we spend all of our time, on things like social media. And that has absolutely no value.

But we think that's life.

I'm not that smart. I've just lived a long time. And I've made so many mistakes.

And I decided at one point, I'm going to stop saying, it's somebody else's fault. I'm going to start saying. Maybe -- what did I do to create that?

What did I do to attract that?

Why does this thing keep happening to me?

Why is it that I always find myself involved with these same kind of people?

Because, Glenn, dummy, it's you!

What you think, it's like -- it's like think of yourself as a -- as a beacon. It's just -- you're a beacon. Your GPS pin, that is constantly saying, here I am. Here I am. Here I am.

Except, it's transmitting more than just your location. It's -- it's transmitting what you're looking for, who you are. And it's attracting other dropped pins to you. It's saying, "I like this. I think this way. I believe these things. I am afraid of these things."

Whatever it is, you're thinking. It's constantly putting that out.

And saying, here I am. Is there anything else like that?

Anything else that can reinforce that? Anything else that can live like this?

Because that's me. Here I am. Here I am. Here I am.

That's why you keep finding yourself in exactly the same situations. Nothing will change, if nothing changes!

And the only thing that you can change, is you!

Seek the things, that have virtue.

Seek the things, that have beauty in music, in -- in art, in life, in architecture, in clothing! Whatever it is. Look for real, lasting beauty and value.

Find the things that are true! Truly true.

Universally true. Find the things that uplift. Seek those things!

And you will change your life and your world!