Global Currency Reset, Bioweapon Labs, InfoWars Historical Analysis
Alex Jones introduces reports from Reuters and the Associated Press regarding U.S.-funded bioweapon labs in Ukraine, linking them to legislation passed during the Obama administration. The segment transitions into a historical report by Greg Reese detailing the evolution of the global reserve currency from the 1816 gold standard to the 1944 Bretton Woods Conference and the 1971 end of the gold standard under Richard Nixon. The analysis suggests the COVID-19 pandemic is being utilized as a "perfect storm" to facilitate a transition toward government-controlled digital currencies like China's DCEP and the Federal Reserve's Fedcoin.
ukraine· bioweapon labs· federal reserve· gold standard· cryptocurrency· greg reese· infowars
00:07 Ladies and gentlemen, it is Friday, March 11th, 2022. Reuters, the Associated Press, the United Nations itself are all reporting what we already told you years ago and weeks ago. The United States under Obama built dozens of level 3 and level 4 bioweapon labs studying race-specific bioweapons to kill Slavic people and others at the labs in Ukraine and other areas. There's the original 2005 article with Obama massively increasing the funding with a bill he put through the Senate. Tomorrow's news today, they are certainly trying to spin all this, but I've gotten sent by a lot of people
01:08 articles and reports going, hey, look, they're creating a financial reset right now off of COVID. I've been sent some of the quotes by Edward Dowd, who was on with us yesterday and did a great job breaking it down as well. But I thought, and he did that in May of 2020, but I thought I'd tell you where the original analysis of this came from, and that's InfoWars and Greg Reese. So here is that original report from two years ago in March. In 1816, the gold standard, an economic unit of account based on a fixed quantity of gold, was officially adopted, and the world reserve currency became the British pound sterling. In 1914, after World War I, nations attempted to revive the gold standard, but it collapsed during the Great Depression. Also in 1914, the Federal Reserve Bank, a private company, was born.
02:16 After Britain was devastated by World War II, they were no longer a superpower. And so the global reserve currency needed to be reset. In 1944, at the Bretton Woods Conference, the US dollar became the new global reserve currency. This established America as the dominant power in the world economy, giving America the sole ability to print dollars. The rest of the world would need to trade their own currency against the U.S. dollar in order to balance exchange rates, keeping the international economy vibrant and fluid. But by the 1960s, the United States had printed more USD than their gold reserves could cover. And by 1970, a growing American trade deficit was undermining the value of the dollar. On August 15, 1971, President Richard Nixon brought an end to the gold standard.
03:12 Federal Reserve notes, a fiat currency backed by debt rather than gold, became the new standard. This is basically no different than an IOU. As one would expect, right after President Nixon gave his speech, inflation began to rise and America's biggest export became debt. The creation of the petrodollar gave the US even more sway over world economies. And today, the international debt has become untenable. And many are saying another global currency reset is needed. Historically, the gold standard has been the most stable economy we have known. But gold can be manipulated and disruptive as well. Some are suggesting that cryptocurrency could be the solution.
04:02 Crypto is run by an algorithm and can be designed to meet specific needs. The global currency needs to have fluid supply, and the limited gold supply failed to keep up with economic growth. A sovereign-free, algorithm-based alternative could potentially be more stable. China is almost ready to launch their own cryptocurrency, DCEP, short for Digital Currency Electronic Payments. DCEP is government-controlled and fully centralized. So far, it appears to be a digital version of fiat paper money. The Federal Reserve Bank is developing their own crypto called Fedcoin. The coronavirus pandemic seems to be the perfect storm for a global currency reset.
04:51 The amount of money printing involved in holding up failing economies as quarantines and shutdowns take place will be unprecedented. And all this does is weaken the U.S. dollar even more. And when the U.S. dollar falls, it will be replaced by something. The question is, which way will it go? This is Greg Reese for InfoWars.com. Waging war on corruption. It's the Alex Jones Show, live Monday through Friday from 11 a.m. to 3 p.m. Central at InfoWars.com. We are the resistance. World War III, emergency broadcast. Put it back on screen. World War III, ladies and gentlemen, emergency broadcast. Globalists preparing to launch
