Hello, Rebel capitalists hope you're well.

Wanted to go over some of the financial plumbing

as far as how the world economic form

the global elite with the central planners and

authoritarians, can get your house onto their balance sheet, right?

You'll own nothing and you'll be happy. Okay, well if I own a house right now, how the heck is Klaus Schwab going to buy it from me? Let's go over some plumbing of the financial system.

And I think you guys will understand how this might work

moving forward, especially if we get a central bank

digital currency or the way I like to say it, the Central Bank Ledger system and software.

Let's shoot over to this quick little whiteboard I just did and obviously I did not take my time on this like I normally do with my perfectly drawn out white board videos.

I just wanted to do this to illustrate the point.

Okay, so we start with a bank, a non-bank and you right here, the average

Joe and we've got balance sheets like we always do.

This is how the best way to understand the financial system

and the plumbing is to do these little T assets

on the left, liabilities on the right.

So the bank, let's say, starts off

with two deposits on the liability side.

That's a little money sign we've got.

And one of those deposits is with a non-bank entity and one is with you, the average Joe.

Why do you have this deposit?

Because the bank just gave you a loan to buy a house.

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