Stansberry Research, Released on 8/2/23

With the development of tools like ChatGPT quickly growing popular, many people are bullish around artificial intelligence (“AI”) right now. That’s why OpenAI CEO Sam Altman launched Worldcoin last week to capitalize on this fast-moving trend. But today, Daniela’s guest believes this ongoing shift toward going digital could have disastrous results as businesses and governments increase surveillance over everyday people. George Gammon, macroeconomics expert and host of the Rebel Capitalist Show asserts that folks must be wary of the long-term implications of sharing their data with programs like Worldcoin. He says, “What they tell you is that in the future…once they start to monetize, basically your biometric data, then they’ll give you dividends in the form of more cryptocurrency.”

George also believes that the debt imbalance we’re experiencing right now won’t change unless the central bank reigns in its overspending habit. “The problem isn’t the debt it. It’s government spending. They spent the money to accrue the debt to begin with,” he claims. He concludes by discussing the impact of the de-dollarization trend on the U.S. economy, encouraging investors to monitor this global shift away from the U.S. dollar in order to gain a clearer perspective on today’s chaotic market. “It’s not just a matter of what is happening with the domestic economy within the United States. There’s a lot more to it at play. The global economy is about $110 trillion of gross domestic product, and 60% to 70% of those transactions settle in the U.S.
dollar,” he explains.

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and shifted his focus to real estate, where he has remodeled and flipped 40+ properties in and out of the United States. Recently focusing on Medellin, Colombia. He controls a multi million dollar real estate portfolio which focuses on buying distressed properties, remodeling, and selling or renting. Currently, in addition to running his real estate investments, George produces “George Gammon“, a YouTube Channel that will help you build and protect wealth through investing, real estate and an extreme dose of the economic RED PILL. More of his work can be found at www.georgegammon.com.

  federal reserve, george gammon, inflation, investing