digital currency

Will the Central Banks Go Digital?

Broadcast Running Time: 01:19:13

John Loeffler

August 14, 2021

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Eliminating cash and transitioning to an all-digital currency may make some people nervous, especially if the digital currency is backed by the government. Leading off the show this week is silver expert David Morgan (themorganreport.com), author of the Morgan Report. He and John look at the possibility that the U.S. government could shift to digital currency, giving them control over all transactions. Bitcoin, the current leader in digital money, will either face off against the establishment or be co-opted by it. David also predicts what could happen with inflation and our massive debt.

We then move in-house with a conversation between John and Producer Steve. They examine the media's lack of journalism in parroting the administration's wavering virus messaging as well as using conflicting scientific papers in the virus and vaccine battle. They also discuss the tendency for the truth to win out in the end, how mandates violate freedom, and even some unprofessional undercover activity on the part of federal law enforcement.

Finally, we welcome to the show Mike Berry (firstliberty.org), General Counsel for First Liberty Institute and member of the U.S. Marine Corps. It is getting harder for members of the armed forces to honor the military oath. It says you are to support and defend the Constitution, but it also says you are to obey the orders of the President and superior officers. With woke leadership demonizing conservative military members for their beliefs, eventually our enemies will defeat us without firing a shot.

The idea of eliminating cash and going to an all-digital currency may make some people nervous – especially if the digital currency is backed by the government – but what does it really mean? Joining us today is David Morgan (themorganreport.com), silver expert and author of the Morgan Report. He and John discuss the possibility that government, should they take the reins of a digital currency, would be able to track every transaction you make. They also look at how Bitcoin works, how the 'powers that be' would have to interfere if Bitcoin became too powerful, and what could happen with inflation and our massive debt.

Dr. Russ White: Hacking Blockchain

Broadcast Running Time: 21:29

Blockchain had once been thought of as unhackable, but recent attempts to manipulate the system have caused all sorts of trouble for industries, such as cryptocurrencies, that use blockchain. Back with us today is infrastructure architect Dr. Russ White (rule11.tech), who, as always, has a fun and spirited conversation with John. Today, he explains what blockchain is, how it has become vulnerable, and the possible implications of foul play. He also gives an update on the disturbing union of Big Tech and Big Government.

Something a little different today on Steel on Steel. It's important to understand the economic landscape, not only in this country but also globally. Politics and economics are inextricably linked. So today, we play a recent episode of the McAlvany Weekly Commentary with Dave McAlvany and Kevin Orrick (mcalvanyweeklycommentary.com). They discuss myriad geo-economic issues, including digital currency as a threat to traditional currency, the People's Bank of China and Ali Baba, the Ukraine-Russia dynamic and the dealings that President Biden and his son have had in that arena, oil pipelines in Ukraine and Eastern Europe, and the dollar compared to Chinese currency.

John Loeffler

February 23, 2021

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News stories pile up here in the studio so every once in awhile John, Carol, and Steve sit around and discuss important issues stemming from those stories. On today's podcast, the trio look at the cold wave that hit Texas and the issues surrounding that, a bill in the House that seems to target only one person – former President Trump, the push toward a digital currency, and Andrew Cuomo's view from underneath the bus amid the New York nursing home scandal. They also examine the chaos surrounding postmodernist thinking and do their best to try and define the nebulous term 'whiteness.'