In a recent interview with Ben Armstrong, Lynette Zang, founder of Lynette Zang Enterprises and former Chief Market Analyst at ITM Trading, shared her extensive knowledge on economic trends and the future of cryptocurrencies. The CoinSpeech team collected the most important takeaways from this insightful discussion. You can find Ben Armstrong’s new video below.
CBDCs Are Inevitable
Lynette Zang emphatically stated, “100% CBDCs are coming to the world.” Despite political figures like Tom Emmer and Ron DeSantis voicing opposition, Zang believes the implementation of Central Bank Digital Currencies (CBDCs) is unavoidable due to the current financial system’s frailty. “The current system is dead. It died in 2008,” she asserted, emphasizing the need for a new system. The transition to CBDCs, Zang argues, has been in the works for decades, indicating a large-scale, systematic overhaul.
The Power of Physical Assets
Zang highlighted the importance of owning physical assets like gold and silver to gain a modicum of control in a surveillance-heavy new financial system. “My hope is that we can create a quiet revolution by buying those assets for me; it’s physical gold and silver outside of the system.” She pointed out that physical assets are not subjected to the same manipulations and geopolitical risks as fiat currencies and digital assets.
Tokenization: A Double-Edged Sword
When discussing the trend towards tokenization of assets, Zang warned that breaking down assets like home equity into digital pieces might have nefarious intentions. “They make this transition seem like it’s a natural progression,” she remarked. The convenience of accessing one’s equity might ultimately lead people to “volunteer” their assets, thereby falling into a well-orchestrated trap laid by the powers controlling the financial system.
The Real Drivers Behind Global Economies
Ben Armstrong touched on global economic drivers, pointing out that corporations and financial institutions like the Federal Reserve and IMF wield immense power. According to Lynette, “The overall goal is to control the population,” a sentiment echoed by prominent financial figures for decades.
Diversification is Key
Zang stressed the importance of diversification. “If you don’t hold it, you don’t own it,” she remarked, referring to the necessity of including hard assets in any investment portfolio. While intangible assets like cryptocurrencies offer innovative financial freedom, they also come with volatility and manipulation risks.