Charles Hugh Smith – It’s Time To End The Fed & Return To A Decentralized Currency
Podcast: Download (Duration: 45:16 — 16.9MB)
Charles is Financial writer and book author,Charles newest book is Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States. Charles begins the conversation talking about the Green New Deal. We cannot move from a fossil fuel world directly into a green energy world, we are not ready for this and the infrastructure is not there. The inflation is going to destroy the economy and it is time to move back to a decentralized currency.
GREEN ENERGY: I am a fan of EV’s BUT not as they are presently produced. They are missing one thng.
There are 4 rotating wheels that could be generating electricity if properly designed.
My normal gas car can recharge my battery, so why can’t EV’s?
I see a rotating magnetic field on each wheel that generates electricity.
Who can say you’d ever need to plug the EV in again?
Some backyard mechanic is eventually going to make his own & then if/when he sells it, will it be used or bought up to hide it? Would OIL CO’s even allow it?
There’s very big money involved (TRILLIONS), so who knows?