La traduction française est ici.
Source from Jerm Warfare’s channel on Odysee.
… because the biggest problem that you can have in our time is not knowing what’s going on. I mean, you have to prepare for real bad times. Everybody should have some food at home, everybody should have some cash at home, everybody should mistrust the banks, not leave their money in the banks, everybody should kind of protect their family. I mean, there’s certain measures everybody should take right now. But you can only take these measures if you know what’s going on.
Jerm : My name is Jerm, this is Jerm Warfare, the battle of ideas. Ernst Wolff, thank you for joining me in the trenches.
Ernst Wolff : Thanks for having me.
Jerm : I call it the trenches because it feels like we’re in a war. Do you agree?
Ernst Wolff : Oh yes, definitely. We’re definitely in a war. A war caused by different reasons, for different reasons. We’re into the fourth industrial revolution and we have a financial system that is absolutely broken and that can no longer be kept alive. So we’re into deep trouble right now.
Jerm : How deep?
Ernst Wolff : Deeper than anything that humanity has ever experienced because the problems have become so insurmountable, it’s just absolutely incredible. We’re living in historic times because actually the financial system cannot be propped up anymore. We’re living under a financial system that almost failed already four times.
Let me just explain that. Our financial system where was created in 1944 when it was clear that the United States would become the first superpower on Earth. The United States then had the biggest economy, the strongest army, were the only ones with a nuclear weapon but they had one problem: their industry produced more goods than their home market could absorb. So they were looking for markets at that point and because they were so powerful, they did something that no other country had ever done before. They made their own currency, the US dollar, the leading currency in the world. They pegged all other currencies to the dollar and that way they gained financial power over the whole world. And they actually flooded the world with dollars for several decades and what we saw then was like the post-war boom where everything went well.
But this post-war boom came to an end in the mid seventies. And the big winner of the post-war boom were the banks and the banks then asked the politicians to give them new possibilities of making money. So the politicians started to deregulate, they abolished all sorts of regulations that kind of constricted the banks and they made it possible for them to open up hedge funds, to buy back shares and to do short selling – which is bets on on other people’s losses. They made all sorts of things possible that made the financial system very risky but that also led to the fact that the financial sector absolutely exploded. So by the end of the last century we had a financial sector that was much bigger than the real economy but that was very risky. And these risks actually almost brought the system down for the first time in 1998 when a hedge fund in New York almost collapsed and had to be saved by the banks because the banks would have lost about a trillion dollars if this hedge fund had gone bankrupt. So the banks stepped in they paid about four billion dollars in order to save the hedge fund.
And then things went well for about ten years and then we have the world financial crisis. And then things got really out of hand because they had to save the big banks, they had to save big insurance companies and they did that by bailouts using taxpayers money. And then we had the next crisis three years later that was the Euro crisis. And then it was no longer banks or insurance companies that had to be rescued, it was whole countries, like Greece had to be rescued. The amount of money that they had then did not suffice so the central banks stepped in and the central banks printed ever more money and that’s what we’ve been seeing for the past ten years, an incredible orgy of money printing.
Now you have to know that central banks have two means of propping up the system or manipulating the system. One is creating money out of thin air and the other is a lowering interest rates in order to step up the velocity of money which is also very important. But the the banking system cannot exist with negative rates and now we’re at a point, last year in March, the system almost broke down again and had to be rescued again and that was the point where we reached the point of zero interest rates.
So in order to rescue the financial system once more in the future they would have to go into negative territory with the interest rates and that would destroy the banking system. So they don’t have that means of propping the system up anymore. All they can do from now on is print more money, is create money out of thin air. And of course that creates inflation and that’s what we’re seeing right now. We’re seeing rampant inflation and it’s not transitory as Mr Powell or Mrs Yellen want us to believe. It’s not transitory but it’s going to get worse and it’s going to get keep getting worse.
Jerm : Why can’t the inflation rate go below zero?
Ernst Wolff : Because when banks hand out loans they have to receive more money afterwards because if they receive less money afterwards they’re going to lose.
Jerm : Okay, sorry, go on.
Ernst Wolff : If I give you like $10 and you get you give me $9 back a week later, I’m going to be bankrupt pretty soon.
Jerm : Why then do the interest rates drop? And you are referring to the United States?
Ernst Wolff : To all the central banks in the world because we have a global financial system that does not only lie within the United States. I mean, they’re all interconnected, they’re all working together. And it’s all the central banks that have lowered their rates. It might be the European Central Bank is at zero interest rate, the Bank of England, the interest rate is at zero, the bank of Japan, it’s everywhere.
Jerm : But why can’t they push up the inflation rate?
Ernst Wolff : Well, they tried that, they tried that in 2018. Actually the Federal Reserve, the American central bank, is the most important bank because the United States is still the biggest and the most powerful economy in the world. And they have the biggest financial markets, too. So what they did in 2018 was they started to raise interest rates very carefully, four times during that year for only 0.25 percent and what happened at the end of the year was that we had the biggest dump in share prices for about 80 years. So that’s what happens when you raise interest rates. Because the problem is, we have so much debt in the world and this debt has to be serviced. And if you raise interests it becomes more problematic to serve this debt so that’s an option they don’t have any longer.
Jerm : The elephant in the room is that this is all happening right now over the last 18, 20 months.
Ernst Wolff : Yeah, because they’ve used the health crisis in order to promote a totally different agenda. I mean, they knew very exactly that the system was in its final stage and they knew that it had to be saved one last time. And in order to give people a reason for that they created these lockdowns, you know, and they said « Well, it’s a virus that is to be blamed for all of this. » But it’s not the virus that is to be blamed it’s the financial system that was in its final stages. And actually they saved it one more time and right now, what we’re seeing now is, they know it cannot be saved any longer. So what they’re doing, they’re pillaging the old system. I mean, the rich are getting richer at a rate never seen before and they’re printing money at rates never seen before, debts are rising at rates never seen before. So this is totally unsustainable.
And they know that because actually they’re planning for a new system that nobody’s talking about. The new system is the CBDC, that is central bank digital currencies. They will be introduced sometime in the future. I don’t know when they will be introduced but they’re working on this plan.
Jerm : Right now in South Africa I saw a few weeks ago the news that our central reserve bank is currently reviewing central bank digital currencies and they’re gonna look at it again in February so what you’re saying is exactly correct.
Ernst Wolff : Yep, and it’s not only your central bank it’s, I mean, about 40 central banks in the world testing CBDC’s right now. I mean, the US have a big testing ground in the Bahamas. There, the population’s about 380.000, they all have wallets on their mobile phones and they have a digital currency account with the central bank. And the same is valid for China. In China they have several today, they tested it in some of the big cities. And there are some of the central banks in Europe that are already ready to hand out to digital currencies like the Swedish Central Bank can come up with it tomorrow. The Swiss Central Bank could come forward with it tomorrow.
But of course they won’t, they will wait for the big players. And the big players in the room, that’s the United States on one hand and of course China on the other hand. And China is leading the race at the moment. China is far in front with this and I believe that whatever we saw in Afghanistan has to do with the Chinese blackmailing the Americans that they might come out with the electronic Yuan before the Americans are ready to come out with the electronic dollar.
Jerm : What gives you that idea?
Ernst Wolff : Because the Americans left all their weaponry behind. That was so crazy. I mean, you wage your war for 20 years and then you give your enemy of 20 years everything and you leave it all behind, give them all the weaponry in the world. That is just absolutely crazy. Nobody would even think of something like that.
Jerm : A very nice gift.
Ernst Wolff : Why would the Americans do that? And I mean, the Chinese, they’re not stupid. I mean, the Chinese they’re working on this silk and belt road and they’re working on the digital silk and belt road since 2017. And if they usher an electronic Yuan, contrary to the United States they could usher it in several countries – I mean, all over the Near East, all over Asia and parts of Africa. So they would certainly be far in front of that race.
Jerm : Let’s go back a few steps. So just a few years ago, slightly more than two years ago, there was a problem in the central banking system, am I correct?
Ernst Wolff : Yes.
Jerm : And whether or not this whole story is planned – I am of the opinion that it probably is planned – but it doesn’t really matter whether or not it is planned or not this has been a pivotal moment for central banks, yes?
Ernst Wolff : Absolutely, and I just can no longer believe that it was not planned because there are so many things that point to the fact that it was planned. I mean, you have this paper of the Rockefeller Foundation which dates back several years where the whole plan is laid out. I mean, there’s so many things and it just came at the right moment to the right people so I don’t believe that it was not planned. I mean, I always have to think of Franklin Delano Roosevelt’s words that nothing in this world that happens in politics is not planned. If you take a closer look at it, you will always find out that it was planned.
And what’s very important to me and what I think everybody should know is that we are no longer governed by our governments. There’s a force that is much stronger than the governments that is behind all governments. Because the strange fact is that what we’ve seen last year is once in a lifetime thing, that to almost 200 governments go straight into the same direction, they all do the same things. You know, they all imposed lockdowns, they all impose mask mandates, they all insist on social distancing and that is absolutely crazy. To me that means that there is some force behind them that forces them to enforce these measures. And that force behind them to me is the digital financial complex.
Eisenhower in the 1960’s talked of the military industrial complex. That’s a thing of the past. In our days, we have the digital financial complex, that is the big IT companies and actually it’s only seven companies at the top of this complex. It’s Apple, it’s Alphabet, it’s Amazon, it’s Microsoft and it’s Facebook on the IT side, and on the financial side it’s the big asset management corporations – the major ones are Blackrock and Vanguard. I mean, just take a look at Blackrock and Vanguard. They manage assets worth sixteen trillion dollars. Just to put that into perspective, the German GDP is four trillion dollars. I mean the German GDP – that is all the goods produced and all the services delivered within one year by thirty five million people – is four trillion dollars and Blackrock and Vanguard have 35.000 employees and they manage four times as much as thirty five million people in Germany produce within a year. That’s just absolutely crazy.
Jerm : But is it a bad thing that these companies are getting bigger? I mean, they’re employing more people. Surely that’s a good thing.
Ernst Wolff : Yeah but they’re controlling our lives, that’s the problem. Because it used to be that money talks, money was the number one thing in the world that decided who would have power and wouldn’t have power. But in our times things have changed. In our time it’s data. Data are just as important as money. And these big corporations, they control all the data in the world. And controlling the data means controlling our lives.
I mean, we’re into the fourth industrial revolution and these people are starting to work on things that nobody would have imagined about ten or fifteen years ago. I mean, the internet of things is a horrible thing in itself. I mean, all these visions of smart cities, smart homes and so are pretty terrible. But the most terrible thing is the internet of bodies. That is when they start connecting your body to the digital sphere. When they start implanting things like smart pills, for example, in medicine. I mean, the future of medicine is terrible.
In the medical sector you can also see how important these data are because what we’ve seen during the past eighteen months is the biggest collection of medical data ever in this world. I mean, the big pharmaceutical companies have gained so many data through this health crisis, it’s absolutely incredible and that is pure gold from them.
Jerm : Now there are a lot of these groups around the world that seem to be interconnected. You’ve spoken about the World Economic Forum, for example. How do they link to to the central banks?
Ernst Wolff : The thing is that the central banks are nothing. They have been taken hostage by the digital financial complex. I mean, the digital financial complex is using the central banks to implement the measures that they want implemented. But the digital financial complex also has a lot of helpers. And the main helpers are the big foundations. We have one big foundation, that’s the Bill and Melinda Gates Foundation. That’s the most powerful foundation in the world, they have assets of about fifty trillion – sorry fifty billion not fifty trillion – but that is a huge amount of money and they can bribe just about any politician in this world or anybody in the media and that’s what they’re doing.
And there are more foundations than that. There’s for example the World Economic Forum in Davos and they have become very, very important because they started in 1971 as there was a German professor who started it. He was one of that Henry Kissinger’s pupils at Harvard and he started a European Management Conference in 1971. And this conference kept going for 30 years and it sort of a exceeded its initial aims because in the beginning they wanted to introduce American management methods to European managers. But then they started turning to politicians and turning to media people.
And the most interesting thing is that they started their own classes in 1992 where they collected young leaders. The classes were called Global Leaders for Tomorrow. And in the first class, the class of 1993, you will find names like Angela Merkel, you will find Tony Blair, you will find Gordon Brown and you will find Bill Gates. So these are people that were under 40 then and they were like assembled by the World Economic Forum. They visited certain lectures over the time period of one year and also they interconnected. I mean, they all have their mobile phone numbers, they can talk to each other every day. And they kept doing these classes and in the classes that were held since then, nowadays it’s no longer called Global Leaders for Tomorrow, it’s now called Young Global Leaders and you’ll find names in there like Emmanuel Macron, you will find Viktor Orban and Vladimir Putin. I mean, all the leaders of the world have gone through this school.
Jerm : Jacinda Arden also, I think. Jacinda Arden from New Zealand.
Ernst Wolff : Jacinda Arden was also one of them, yeah, exactly, yes. So there’s so many people that are in powerful positions in our time now that went through their school. I mean, today we’ve heard in Germany that we have a new a new government and our new Foreign Secretary is also one out of this school. So it’s crazy, they’re still doing that. And also they created a new class, they created the Global Shapers of Tomorrow. Those are young people under the age of 30 and they’ve already gathered 10.000 of them. So they’re really expanding their work on working and directing the global leaders into the direction that they want them to go into.
Jerm : How do they wield such influence?
Ernst Wolff : I can’t tell you how it works in detail but, I mean, they’re all interconnected, these people. I mean, our Chancellor Angela Merkel, she can call Bill Gates because she was in the same class with him and she can call Tony Blair who was in her class. And of course they have meetings all over the world and they’re all closely interconnected and of course they have an agenda that nobody will speak about to us. They will do whatever they think is necessary and right now I think that they all know that it’s necessary to build up a new financial system. They all want this central bank digital currency and they all know that we’re into the fourth industrial revolution. And the fourth industrial revolution will mean that hundreds of millions of jobs worldwide will get lost in the next few years. And of course they have to prepare for that and that’s what they’re doing right now.
Jerm : Would you mind explaining to me how the central banking system is going to implement this new asset/currency. Is it even money? Can you call it money?
Ernst Wolff : It’s a programmable money, that’s what it is. It will come with an expiration date. I mean, the thing is they don’t really know how to implement it right now. That’s sort of their their problem right now because it’s never been done before and they don’t know how to do it. And I think they know that people will resist it because once people know that this money is tied to an expiration date, people will have a hard time accepting that.
And also they can implement certain different taxes for different people, they can punish people by taking their money, they can even punish people by closing their account. So people will be 100 % dependent on the central banks, that is on the state, and people will not accept that during good times and I that’s why I think they’re doing what they’re doing right now : crashing the economy, they’re destroying societies in order to get people on their knees in order to beg for help and then they will come with the universal basic income. And they will present it as a humanitarian act, the implementation of CBDC’s. They will impose it as a humanitarian act and maybe people will be happy with that but it’s not gonna last because that it’s not a sustainable system. It won’t work. Once you have this this CBDC you will have the same problems with inflation, you will even have a stronger problem with inflation, and it won’t work over a long period of time.
Jerm : What exactly is a CBDC? What is a central bank digital currency?
Ernst Wolff : Well, the thing is that they will have to abolish the banking system in its present state. I mean, the major business of banks in the past used to be handing out loans – that’s the way how banks make their money. But now that the financial sector has become so important that is no longer their major source of making money. Their major source of making money is speculating in the financial markets and that’s what they will allow the banks to do in the future. They want them to just take their hands off money creation because when a bank hands out a loan, it creates money out of thin air. They want to put all money creation into the hands of the central bank so that they can control it.
And also very important fact is that CBDC’s, central bank digital currency, has nothing to do with like bitcoin or other cryptocurrency. Those are decentralized finance. What we’re talking about is centralized finance. The central bank has total control over every transaction that anybody in one country will be doing. Bitcoin and and cryptocurrencies are something to entirely different.
Jerm : Wolfgang wants to know, if they are this powerful why can’t they just fix it?
Ernst Wolff : Well, the problem is the people. They’re at the head of all the people and the people will resist it. We can see it right now, I mean, the people resisting all these health measures right now. It’s not as easy as that to fool the people. We will see social upheaval at an unknown rate in the near future. I’m pretty sure of that.
Jerm : You have actually spoken about this in the past, you’ve mentioned that civil war is a very real possibility.
Ernst Wolff : I think that’s what they’re trying to create, they’re trying to create civil wars all over the world and in order to come up with this universal basic income as a remedy for all the problems, in order to make people accept it. I mean, just think about your country, just think about like 4 or 5 million people being unemployed, having no jobs then having to fight with rampant inflation, not being able to feed their kids anymore. I mean, these people will be desperate and they will be ready to accept any kind of money if it’s given to them by the government. And that’s the easiest way to implement this as CBDC by handing out a universal basic income.
Jerm : Are the actors or players – I use those terms because that’s how I see them – running the show? Is it by design, is it emergent in terms of the central banking cartel? Are there players above them?
Ernst Wolff : No, no I don’t think so. I think that the problems are within the system. I mean the system evolves and there are certain problems that come up. And if you see the development of this system, we have the post-war boom that I’ve talked about, then we had the era of deregulation and everything went well for the banks. But I mean, there are certain laws, like the law of gravity, that they don’t get around. And there are certain laws within the financial system that you cannot print money at ever higher rates without the money losing its value. That’s a problem they cannot abolish and they’re trying to abolish this problem by introducing CBDC’s because they think they can fool the world that way but they can’t. They’re in a position not to act freely. They are forced to do what they’re doing by the system.
Jerm : Why then do the governments go along with this?
Ernst Wolff : Because the governments or politicians are nothing but puppets of bigger players and that was always like that. I mean, it was always the economy that was important and it was always the economy that drove politics. It’s impossible for politicians not to act going along with the banks and the big corporations. I mean, we’ve seen that for about 50, 70 years ever since the Second World War, even before that.
But now this digital financial complex has become so immensely powerful that if you as a politician go against them you will be out of job very, very quickly. I mean, there’s an example for that. I think it was in 2014 to 2015 when in Greece Syriza came to power. Syriza was a party that was against the austerity measures. I think they were elected by the Greek people because they wants to abolish all austerity measures. And what did the European Central Bank do? They cut them off from all financial assets. They just cut them totally off for two weeks and then the Greek Syriza a movement did exactly the opposite of what they had promised the people during the election campaign. So that way you can you can force anybody to do what you want.
I mean, these people they have all the money in the world and they control the data. And controlling the data today means that you can turn somebody off by a mouse click. I mean, just imagine what they did last January, what they did to Donald Trump. Donald Trump was considered the most powerful man on earth and a second rate social platform like Twitter just shut him off so he couldn’t communicate with this 58.000.000 followers anymore. So that shows you who’s really powerful. It’s not the American President, it’s the digital industry.
Jerm : The technocrats.
Ernst Wolff : The technocrats, yep. The technocrats and of course the people in the money business. And in the money business we’ve also seen a change in the structure of power. It used to be the banks for four, five hundred years, it was the commercial banks that were the most powerful institutions. Then during the period of deregulation and financialization, all of a sudden it was the investment banks that were the most powerful institutions. And then after that, at the turn of the century, it was the hedge funds. But then after that it was the big wealth asset managers that became the most powerful institutions and they’re more powerful than anybody else in the world nowadays. I mean, Blackrock and Vanguard, they are shareholders of every major company in the world and they can direct any market in the world in any direction they want to.
Jerm : So they’re basically pulling the strings?
Ernst Wolff : Absolutely. Those seven corporation – the five IT corporations and the two asset management corporations. Put these seven CEO’s into one room and you have more power than if you put Xi Jinping and Joe Biden and Angela Merkel and Mr Macron in one room. Definitely.
Jerm : So are they the real threat?
Ernst Wolff : I mean, the threat is the system. The threat is the system that has gotten totally out of control because these people are replaceable. You can replace Donald Trump, Joe Biden or even Bill Gates and Elon Musk or Jeff Bezos. You can replace these people but you cannot replace the system. So actually the big problem is the system, the system that is in its final stages and should be followed by a better system.
But the thing is that most people do not understand what’s happening right now. Most people are in a state of shock because of the health issues. And they’re kept in a state of shock and that is very deliberately done so in order to be able to implement all the measures that people wouldn’t normally accept. Who would have accepted a lockdown? People would have said « You’re crazy, you’re absolutely out of your mind. » But they accepted it because they were told that it’s due to some health concepts.
Jerm : When did your alarm bells start ringing?
Ernst Wolff : Very quickly, about the end of the February last year. In the very beginning I thought maybe that’s true that there is some kind of disease and that it is as dangerous as it is. But then I started to look into things and I found out about the health crises that we’ve had in 2004, 2009, the bird flu and the swine flu and there was a kind of pattern that evolves. And then I took a look at the World Health Organization and I found out that the World Health Organization was founded in the 1940’s and that was then financed by the states and that now it is financed mainly by private donors. And I took a look at who these private donors are and that’s the pharmaceutical industry and that’s the Bill and Melinda Gates Foundation.
And that rang a few bells in my head so I took a deeper look at things and I found in whose interest might all these measures be, who was was really profiting from them. And it soon became clear that the financial breakdown was also staged breakdown. I don’t think that it was something that happened by chance but it was staged. It was staged through these lockdowns. The lockdowns were implemented in March and at the end of March the financial system went down and the big corporations and all the big companies had to be rescued. Actually they were the big winners because they got all the money from the states whereas the middle class didn’t get anything or just a very small amounts of money. I mean, all what we’re seeing is also has huge attack on the middle class because we’ve seen that the IT companies… I mean, one of the most important parts in the economy nowadays, that’s the platform economy, that is the companies like Uber, or Booking com or…
Jerm : Amazon.
Ernst Wolff : Airbnb, all these companies they make huge amounts of money. And if you take a close look at the lockdowns it was very, very profitable for them because they have a huge a huge amounts of money behind them. I mean, they have big investors. Uber, for example, has Saudi Arabia as an investor behind it and they can live with that 2, 3, 4 years of losses. Because they all aim for the world market, they want the world market, they want to control everything. And that’s the one thing that the internet has brought about. It used to be that you start a company and you started locally, then you go regional, then you go national, then you go international. But nowadays if you take a look at some of the start-up enterprises, I mean they aim for the global market right from the very beginning and they’re very successful. Take a look at Uber, take a look at Airbnb, I mean, that’s incredible, or Take Away in Europe. And Amazon.
Jerm : Amazon.
Ernst Wolff : Amazon, 1.200.000 people on the payroll right now, it’s absolutely incredible.
Jerm : Jeff Bezos got very rich.
Ernst Wolff : Yeah, I think is the second or third richest man on earth now. I mean, the richest man is Elon Musk right now, he’s got a private assets worth about $290.000.000.000 which is incredible.
Jerm : Do you trust Elon?
Ernst Wolff : No. Not in the slightest bit. No, no he’s crazy, he’s a psychopath, he’s a sociopath. I mean, he wants to solve the problem of overpopulation by transferring people to other planets. I mean, that guy’s crazy. That guy gave his own son a name which is composed of letters and number figures. I mean, that guy is absolutely crazy. He’s done a lot, I mean, as an entrepreneur he was very successful but he was a very successful because he knew more about the digital sphere than most other people did. Actually I always call this the century of nerds because take a look at Bill Gates, he’s one of these nerds, you know, Musk is one of these nerds, Jeff Bezos is. I mean, those are the people that spent their childhood looking at computer screens and working on some programmable stuff and never played with other kids. I mean, they’re kind of crazy.
Jerm : What have the last two years done to the global economy?
Ernst Wolff : They’ve destroyed it. They’ve absolutely destroyed it. We don’t see all the destruction right now because some of it will only come to surface in the coming months and maybe the coming years – but I think more in the coming weeks than the coming months. I mean, what they’re doing now is they are trying to stage the next crisis because the energy crisis, that is a deliberately provoked crisis. Right now we’re seeing that they’re really working on that and that’s why I suppose that they want civil war. Because, I mean, we have this rampant inflation that’s going to make it impossible for people on the lower level of the the social scalar to survive. We will have hunger, we will have hunger here in Europe, you will have it in your country and also we will have this energy shortage and that will cause real big problems and that will make people go into the streets. And I think that we’re facing some very, very difficult times because of that.
Jerm : I obviously have to ask you the follow up question then, is « Do we participate in that unrest? »
Ernst Wolff : Well, what can we do? I mean, what I’m trying to do is I’m trying to tell people what’s happening behind the scenes so they can understand what’s going on. Because the biggest problem that you can have in our time is not knowing what’s going on. I mean, you have to prepare for real bad times. Everybody should have some food at home, everybody should have some cash at home, everybody should mistrust the banks, not leave their money in the banks, everybody should kind of protect their family. I mean, there’s certain measures everybody should take right now.
But you can only take these measures if you know what’s going on. And 99 % of the people do not know what’s going on. They believe the official narrative, they believe that we are in a big health crisis which is absolutely absurd. There is no health crisis. I mean, this disease, I’m not denying the disease but it’s not as bad as everybody says it is. I mean, the measures they’re undertaking right now let you believe that it’s the plague but it’s not the plague. We’re not fighting the plague here but it’s a disease that has been used for a different agenda and that agenda can only be understood if you take a look at the financial sector and the digital sector and the fourth industrial revolution.
Jerm : Well, you could argue that the pandemic is actually the elites. We are fighting them.
Ernst Wolff : Yeah, definitely. Yeah.
Jerm : Okay, what can we do? It seems too big.
Ernst Wolff : It is big, it is big, it’s very, very difficult because it’s worse than anything that has happened in history. Because it happens in 200 countries at the same time. I mean, there’s no place to go. You can’t flee your country and you can’t find a safe place on this planet anymore. Because just take a look at where you have to wear masks. You go to New Guinea or you go to Tasmania or you go to South Wales or somewhere in this world and you will have to wear masks and you might have to get an injection. It’s crazy, it’s absolutely crazy. These times are absolutely, ridiculously crazy.
Jerm : So by extension, I mean – and we won’t get into that conversation – but obviously the injection then is part of a control. It’s part of a controlled manipulation game.
Ernst Wolff : That is what the digital sector wants. They want people to be biometrically identified. Right now we all running around with our mobile phones and they want to put something into our bodies so that we’re not dependent on our mobile phones anymore. I’m not quite sure why they’re not satisfied with facial recognition because that should actually, in my opinion, that should suffice. But actually they want more. I mean, take a look at what they’re doing in medicine right now. Ever since, I think 2017, they’ve allowed just pills in the US. Those are pills that dissolve when they get into your body and they give all sorts of information to your wireless lan or to your mobile phone or to your doctor. And also everybody else can get these informations about your body and that’s absolutely crazy. But I think it’s all about biometric identification.
Jerm : Have the last two years boosted the digital economy?
Ernst Wolff : Definitely, definitely. They’ve gained more money than ever before, they’ve gained more power than ever before and we’re more dependent on them than ever before. I mean, also just take a look at cash. Cash has been reduced at a level never, never expected. I mean, that’s another thing that they’re working on, the abolition of cash. They want us all to only use digital money in order to get us ready to accept central bank digital money.
Jerm : I’ve got a question here. What tactics or approach should then people like us try to implement in the coming months and years?
Ernst Wolff : The most important thing is, I think, they should try to connect. You have to find other people who think like you do and you have to find other people who are ready to take up a fight because it’s going to be a pretty bad fight that’s lying ahead of us. And you have to inform people, that’s very important. I think information, that is the key to everything. If people know what’s happening behind the scenes, they will understand and then they will be ready to act properly. If they don’t understand that, as long as they believe the official narrative, they’re lost.
Jerm : What about, I mean someone saying here, using cash? Gold, silver, bullion.
Ernst Wolff : Yes, physical assets, to me those are the assets of the future because when everything breaks down, especially when you have this rampant inflation that we’re facing right now, I mean, then those people that have the gold or silver, they will be the lucky ones. But, I mean, gold is one thing because gold has a problem that comes with it. It might be confiscated by the governments. I mean, that’s what they did in the 1930’s in the United States. You were no longer allowed to privately own gold and so you couldn’t use gold as a means of exchange.
But I think the best answer for the replacement of cash right now is silver.You can always use silver as a means of payment wherever you go and silver will not lose its value. Silver is totally undervalued at the moment, just like gold, but silver is even more undervalued. And the moment that the whole system breaks apart I think silver will really thrive. And I think silver is a good means to protect your family against the worst things that are to come.
Jerm : I mean, obviously that’s just financial but I’m guessing the extension of that is to try to find less global supplies of things. Are you a fan of more local?
Ernst Wolff : Yes, definitely, definitely. You will have to get together with people, you have to find local food suppliers, I mean, anything local is good in these times. Also people should not believe that things are going to get better once this pandemic is over because they have a new narrative. The new narrative is that of climate change and I think they will use climate change to implement the same measures that they implemented using the health threat. So people should be ready for a long period during which the basic rights will be denied and we will not be given back our basic rights.
Jerm : What is this climate change narrative?
Ernst Wolff : Everybody knows that the world has some ecological problems but the big players, they want to solve this problem their way. They want to introduce this carbon tax. And carbon taxes, that’s another attack on the middle class. The middle class will have to pay for it and the big companies and the big IT companies particularly, they will be able to handle that. But the middle class will not be able to handle it. So whatever we’re seeing, all these measures, they’re sold to us as something to save the planet. But first of all I do not believe that the planet is in such an absolute danger. And also it’s the same people that led us into this situation during the past 50 years that now claim that we’re in this disaster and that we have to do all these things or not to do all these things.
Jerm : It’s nonsense.
Ernst Wolff : It’s absolutely crazy. The crisis is the World Economic Forum. They have assembled the leaders of the world for 50 years now. They have always decided what the leaders will do next year and they’re telling us now that we’re in a situation that is so terrible that we all have to stop breathing in order to save the planet.
Jerm : I can’t help but think – and I know it’s very small and insignificant now – but when Trump left the United States from the Paris accord, I see that as a great thing.
Ernst Wolff : Yeah, because it’s just lies, it’s all lies. But Trump was not much better than the other guys.
Jerm : No.
Ernst Wolff : I mean, he’s just a puppet. He was used by the digital financial complex and he was used in a very intelligent ways because they created some kind of rupture between him and the like Jeff Bezos and Bill Gates and that kind of detracted people’s attention to a minor battlefield so that they could do all the other things they wanted to do without people noticing.
Jerm : You speak about the digital financial complex and I keep wanting to add in the wood pharmaceutical somewhere there.
Ernst Wolff : Yeah, they’re a big part of this complex because the pharmaceutical industry has become very, very important especially during the past 20 months because I think they’ve made more money and they’ve collected more data than ever before. And, I mean, they were very, very powerful before this crisis and they’re even more powerful now. And as I said a big part of the fourth industrial revolution is the internet of bodies and that’s the next thing – these smart pills and then you have pacemakers that are collected to mobile phones and can pass on information to your doctor but of course that information can all be also be passed on to some secret service and they can also make your device fail. I mean, the thing is that these people who control the data and who control the digital complex, they have so much power over us it’s absolutely unbelievable. And it’s a very difficult situation and there’s no easy way out of this.
Jerm : We’ve spoken a lot about the World Economic Forum but there’s something I need to ask you. What the hell is their purpose? Why do they exist?
Ernst Wolff : I think they were created by those that are in power. I mean, take a look at the last century. One of the most powerful people was Henry Kissinger. He was connected to every powerful other person in the world and he was the big entity behind the scenes. And Klaus Schwab, the founder of the World Economic Forum was his pupil. Just take a look at the first conference they held. Klaus Schwab then was 33 years old and he actually assembled 440 major leaders does all of all over the world. I mean, the most powerful bankers all of a sudden appeared in Davos because a 33 year old called them, it’s just ridiculous. He’s just a puppet. I mean, there are some organizations in this world, there are think tanks also, there are NGOs that work together. I mean, there’s a circle of people, I don’t know, 100, 200, 300 people who set out the rules and make these plans and obviously they’re not that stupid. I mean, what they’re doing right is incredibly crazy but actually it works.
Jerm : You’ve mentioned the Gates Foundation and the Word Economic Forum as very powerful think tanks. Are there others? I’m considering the Rockefeller Foundation, perhaps Chatham House?
Ernst Wolff : Yeah, very, very important. Rockefeller Foundation is very important, Kellogg Foundation is important, Soros Foundation is important. There are a lots of foundations and also they’re all interconnected. And then you had this Atlantic Bridge in Europe here. They’re different but it’s always the same people behind them. One thing that I have to mention too is also there’s something like the World Economic Forum that has its headquarters in China. It’s the International Finance Forum. It’s led by Chinese communist officials. I mean, the head of that International Finance Forum in Beijing is from the Communist Party, his six deputies are from the Communist Party.
But the interesting thing is that in the board of directors you will find people like Christine Lagarde, you will find people like Klaus Koehler, who was the chief of the IMF for a while, from Germany, and you will find all the people like the former head of the ECB, you will find all these people in there. Actually there is a connection between the Chinese Communist Party and the digital financial sector in the West because what we’re seeing right now in China is the struggle between the Communist Party and the Chinese digital financial complex. And the funny thing is – it’s not even funny but it’s rather intelligent or it’s kind of clever – the digital financial complex of the West is now going together with the Communist Party in China. And they have formed some kind of alliance against the Chinese financial complex because of course that’s their competitor and they want to be at the top and do better than their competitors.
Jerm : Philosophically speaking, is there a relationship between technocracy and communism?
Ernst Wolff : There are some things that are very similar. I mean, Klaus Schwab said we’re approaching an age when nobody will possess anything and everybody will be happy. I mean, that’s exactly what Lenin told the people. Because in the Russian Revolution the revolutionaries, they told the people that from now on all the means of production are in the possession of the people. But actually that was not true, it was the Party that owned everything afterwards and they didn’t call it ownership. I mean, they were just able to do whatever they want with the means of production. So there are some similarities to it but I don’t think that these people that are in power now that their dream is a classless society. On the contrary. I mean, they want even more power, they want a society that is even more concentrated so I think it’s not really communism although there are some parallels.
Jerm : A lot of this conversation is about digitization of society. Should we fear that or are there positives?
Ernst Wolff : I think the problem is not digitization, it’s digitization in the interest of a very tiny minority. That’s the big problem that we’re facing right now because digitization is being misused by these people in order to maintain their wealth and their power. I think digitisation itself could be a benefit for humanity. I mean, there are so many things that we experience in everyday life where we’d say « Well, this is really a big advancement. » I mean, when I take a train these days I just get my ticket on my mobile phone, I don’t have to wait at the central station, I don’t have to wait at a ticket counter anymore. Those things are okay. But the problem is that right now all this is being managed by some few people whose interests are not my interests. That’s the big problem. So I think one of the big demands that we should all put in our political agenda is either the decommercialization of the internet and I think they should free all licenses in the internet. Everything should become open source and that way should be used for the benefit of everybody and not for the benefit of Apple or Microsoft.
Jerm : I want to ask you a question about resisting. What or how should we resist? I mean things like these QR codes, these digital ID’s, these injections… It all seems like it’s a a freight train coming at us at high speed. Is resistance futile?
Ernst Wolff : No, I think resistance is the order of the day right now. I mean, we have to resist, we have to insist on paying cash when we go and pay for things that we buy. But we have to connect with other people, we have to inform other people that it’s a very difficult situation that we’re in. But I think that the other side also has big, big problems. I mean, the way they’re working right now, the living conditions of people are not getting better. They’re getting worse and once people understand why their living conditions are getting worse they’re ready to listen. And they’re ready to listen to people who tell them what’s happening behind the scenes. And that’s the good part of the story right now. I don’t know if we will succeed but to me there’s no other option.
Jerm : I’m laughing because I didn’t think that I would ever go on to the internet and look up how the Amish people live.
Ernst Wolff : [Laughter] Yes. I envy my sister who lives out in the woods.
Jerm : And suddenly I’m jealous of them.
Ernst Wolff : Exactly yeah. I’m dreaming of a owning some little hut somewhere outside, being surrounded by some Amish people. That’s my dream right now.
Jerm : In front of you there’s a crystal ball. What do you see?
Ernst Wolff : I don’t know. I’m a pathological case of optimism so I see a world that is better than the world that we’re living in right now. I mean the doors to a better world are so wide open. It would be so easy to change life and make life better. But there are all these obstacles to be overcome. […]
I was thinking of this saying of of Henry Ford, the founder of the Ford Motor Company. He once said « If people understood our financial system or our money system, we’d have a revolution tomorrow morning. » I think it’s very important to have that revolution but I think we shouldn’t have that revolution in the streets, we should have that revolution in the heads of people. They should think these things through, they should be enlightened in some way and I’m glad that we have this conversation because maybe somebody has taken some information from it that might be valuable for him. So that’s all we can do at the moment and one has to see one’s own limitations in these days.
Jerm : You’re saying that it all starts up here in the head.
Ernst Wolff : Yeah, exactly, exactly. The most powerful weapon of the elite is not their money, it’s not data, it’s the ignorance of the masses.
Jerm : But there are lots of masses.
Ernst Wolff : Surely are. But it’s our task to do something about that.
Jerm : Where can people find more about you or the stuff that you write?
Ernst Wolff : I have my own YouTube channel and I’ll be doing some stuff in English also in the next few months. One of my books is also out in English it’s « Pillaging the World, the history of the IMF ». That book is out in English.
Jerm : Yes, it’s quite difficult to find English work of yours. But I’ve got a bone to pick with you. Please migrate away from YouTube and onto a less censorship-prone platform.
Ernst Wolff : Yeah, my people are doing that right now. I’m too old to understand all this stuff.
Jerm : Ernst Wolff, thank you so much for joining me in the trenches.
Ernst Wolff : Thank you so much for having me.
Jerm : My name is Jerm, this is Jerm Warfare, the battle of ideas.