RHS 178 - Carol Roth Answers What F#$% Is Going On With the Economy?

Published: April 17, 2023, 9 a.m.

b"In this episode of The Ryan Hanley Show, Ryan Hanley sits down with Carol Roth.\\n\\nCarol Roth is the Creator of the Future File\\xae legacy planning system, a national media personality, a billion-dollar dealmaker, a brand spokesperson, an investor, a board member & bestselling author of The War on Small Business.\\xa0\\n\\nIn this repeat visit to the podcast, Carol expands on your warning calls two years ago with the War on Small Business with her new book, You Will Own Nothing: Your War with a New Financial World Order and How to Fight Back.\\n\\nCarol is easily one of my personal favorite economic commentators for her real-world, pragmatic take without bias for political or word games.\\n\\nI highly recommend pre-ordering Carol's book: You Will Own Nothing: Your War with a New Financial World Order and How to Fight Back.\\n\\nYou are going to love this conversation...\\n\\nEpisode Highlights:\\n\\nCarol expresses her concerns about the changing global financial order and the possibility of a new financial world order. (5:21)\\n\\n\\nCarol clarifies the conflation of central bank digital currency and cryptocurrency issues. (11:35)\\n\\n\\nCarol mentions that people should be vigilant in order to prevent CBDC from being approved by Congress in order to create a digital dollar because CBDC could be sneaked into other legislation, potentially putting freedom and opportunity at risk. (15:51)\\n\\n\\nCarol discusses the importance of people being informed about these issues and being exposed to various sources of information in order to understand the broader implications. (22:19)\\n\\n\\nRyan discusses the challenges that small business owners face in today's economy, as well as the importance of communicating these realities. (26:09)\\n\\n\\nCarol mentions that individuals, families, and communities should be prepared for a possible shift in living standards as a result of the changing financial world order. (35:08)\\n\\n\\nCarol explains the Fed's responsibility in holding the world reserve currency and the potential consequences of the dollar's decline. (41:32)\\n\\n\\nCarol believes that people are shifting to digital currency out of fear of losing control, but they are unaware of the implications. (48:50)\\n\\n\\nCarol mentions that people are afraid of being independent thinkers because they are afraid of losing their jobs and opportunities, so they don't ask questions they don't want to know the answers to. (52:32)\\n\\n\\nCarol explains that accountability must be restored in order to reduce moral hazard and hold politicians accountable. (54:39)\\n\\n\\n\\nKey Quotes:\\n\\n\\u201cWe have been at the center of the global financial universe, all of the signs everything that I'm sure that you're going to deep dive into the different pieces of this all lined up under this big umbrella. So that is the piece that's concerning me and everything else is just a puzzle piece on how that all comes together.\\u201d - Carol Roth\\n\\n\\u201cWe have to be very clear that the central bank, digital currency, or digital dollar is not crypto for what it stands for because that's the first level of conflation.\\u201d - Carol Roth\\n\\nOne thing I'll tell you is that while not every war brings about new financial world order, every new financial world order has been brought about by war, which is another important thing to think about\\u2026But you know, that's just the reality of kind of a final catalyst because everyone gets real desperate when they start feeling like they lose control of the money, which again is why they're moving towards the central bank digital currency. - Carol Roth\\n\\n\\nResources Mentioned:\\n\\n\\nCarol Roth LinkedIn\\n\\nFuture File\\xae\\n\\nBook: You Will Own Nothing: Your War with a New Financial World Order and How to Fight Back.\\n\\n\\nBook: The War on Small Business\\n\\n\\nReach out to Ryan Hanley\\n\\n\\nRogue Risk\\n\\nFinding Peak\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"