If This Happens, It’ll Make the Great Depression ‘Look Like a Picnic’

Beck brought in James Rickards, who recently released a book called “The Death of Money: The Coming Collapse of the International Monetary System,” to weigh in on the possibilities.

“I agree. I think we can see it coming,” Rickards said. “One of the things is — let me talk about what it’s not going to be like. I don’t think we’ll all be living in caves [eating] canned goods. It’s not the end of the world. We make it through, but it’s a different world when we come out the other side.”

“Mussolini’s mantra was, ‘Everything in the state, nothing outside the state,’” Rickards continued. “Well, you get to a world where the government controls all the money. Everything, first of all, is all digital. We all think we have money, but how much cash do you have in your pocket? A couple bucks maybe? You get a direct deposit of your pay. You pay with credit cards. You pay with debit cards. You pay online. You wire money. It’s all digital. Well, that means it can all be controlled. That can all be taken over by the government.”

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