Will Dove 00:00 Our current financial system was started about 300 years ago by the ancestors of today's globalist cabal. The same cabal who understand that the very financial system that has made them obscenely wealthy is a house of cards on the verge of collapse. Already we have seen major banks fail, dramatically increasing interest rates, which are putting many people out of their homes, and captured governments such as ours, borrowing our country so far into debt, that there's no way we can ever get out. While at the same time printing money at record rates, which is causing and will continue to cause inflation. Inflation, which makes living in Canada ever more unaffordable. The global financial system, which has led us here, does transactions in fiat currencies, paper money, backed by nothing, that has value only because governments say it does. Similarly, the global economic system is based upon debt in the form of fractional reserve banking, which allows banks to conjure money out of thin air. That money in the form of debt is an asset for them, and a liability for us. Debt , which we who borrow must pay back principal and interest in cash. And the middle class, those of us who own homes, have careers and perhaps some investments are the number one target of the globalist. We are educated, and many of us have sufficient resources to hold out for years, even if we lost our jobs. Rampant inflation, rising interest rates, and falling house prices are no accident. They are a campaign by our would-be globalist masters to make us all uniformly poor, and thus, subject to their rule. But as always, when it comes to money, those with knowledge may not only survive, but profit. Peter Merrick is a U.S. cross-border insurance and trust specialist who has compiled a list of perfectly legal strategies for protecting your assets by moving them to the U.S., and further protecting them once they are there. Peter, originally from Toronto, has been living in California since 2019. So he has inside knowledge of how both countries handle money and investments. Peter is the author of three books on business and investing. He is considered one of the leading experts in business succession planning, intergenerational wealth transfer, risk management, estate and trust, philanthropy and demographic aging, cross border financial planning, and executive benefits and pensions. He joins me today to educate us all on how the current financial system works, why the collapse of that system is inevitable, and why the globalist need to replace that system with CBDC's and social credit scores. But most importantly, how to protect your assets by transferring them out of the country. And do so, perfectly legally, while paying an absolute minimum in taxes. Will Dove 03:38 Peter, welcome to the show. Peter Merrick 03:40 Thank you so much, Will. My pleasure. Will Dove 03:43 So you're here today to give our viewers a financial education because of course, that is your area of expertise. But we're also, after we've done that, we're going to give them some very practical strategies for how they can protect their assets, especially from your experience of moving assets into the U.S.. But before we get to that, there's a quote that I would like to read from your book, The King of Main Street. Now it wasn't you who said that, you were quoting someone else. But it really hit me when I read it because I think it's a perfect introduction to talking about fiat currencies and fractional reserve banking. And the quote is, money more accurately currency is a creation of the human mind. It's not real, at least not in a physical sense. So within the context of fiat currencies, fractional reserve banking, explain what that means please. Peter Merrick 04:31 Well, that Will is what I wrote for my mentor character in my last book, The King of Main Street, which just focuses on the arc of maturing. Going from a young business person to an older business person. And the first time I learned about fiat currency and that's the paper money, the zeros and ones, I was in shock what it was, Will. The reason why I was in shock because I was like everyone else, I work really hard, and I get dollars and I can sell like, I can trade my dollars and get something tangible. And everyone I knew that's how everyone approached it. And the first time I woke up to is I watched a movie called Zeitgeist. I don't know, if you remember it, it came back in probably the mid, like the beginning of the 2000s. And I watched it, and I didn't understand what it was, and I didn't, anyway, it blew my mind. And really what it is, is the government has given the central banks the right to produce money out of nothing. And the way it actually works blows your mind, it's like, I'll just walk you through it, and then we can talk about it. Let's say, the federal government, whether it's in Canada, and Canada's producing this type of money now too or out of nothing, is they need a trillion dollars. So what they do is they, you know, go to the Bank of Canada or the Federal Reserve, and they say, we need a billion, sorry, a trillion dollars. And they go, and they give bonds that have interest. And they go to the Bank of Canada or the Feds, and they just give them paper out of nowhere, they just produced it. And that gets introduced into the system. Now it has to get deposited in banks and things like that for the transactions. So those banks are able to lend it out. And they have very few reserves. Since COVID happened, there's no reserves. So by the time they keep on selling, like say, depositing, lending it out, depositing, lending it out, that trillion dollars, has turned into anywhere from 100 trillion to maybe a quadrillion dollars now. Because if there's no restraint on it being ledge out. So a practical example for your listeners, is, let's imagine, you go to the bank, and you asked for a mortgage, and they give you a million dollar mortgage. Well guess what, that money didn't exist, they just have a license to print money, and that's fiat. So you end up taking your hard earned income, your savings, because what is money? It's what I trade my life energy for. And here's something that's being created out of nothing. So that million dollars has been created out of nothing. And I put a lot of work and effort in saving this fiat cash. And then what happens is, I have to pay the mortgage. Now, the problem with this entire system that should scare all of us is they're producing the trillion dollars, and they produced that million dollars for your home. However, they haven't produced the interest. So this is the biggest Ponzi scheme, because they have to keep on producing more and more of this fiat cash. The problem is, at one point, there's going to be no one being able to borrow money, and it's going to go bust. Now one thing which is very interesting about our system that makes me really frightened is in 2019, before we had COVID, before they started spending and creating trillions and trillions of dollars, there's something called the overnight markets. And what that is, is banks lend to each other. They lend money to go and like all their deposits, and all their loans, and everything overnight, they stopped lending. And the Federal Reserve was producing anywhere creating it in nothing every night, a trillion to $2 trillion. This was getting, the system was going to break down. Well, conveniently, we have COVID and the government starts printing or the governance of the world start printing this fiat money. So if you're seeing inflation, it's because interest is built into fiat cash. So you're always going to be running behind the bull, because you don't have any control on your buying power because the government erases it. In this, what's going to happen? I look at history. That's all I can do, is to look at history. This happened in China in the 13th century, they started issuing out so much of this paper money. The company and so the country went bankrupt. This happened in Germany before, like during the 20s. By the end of the day, you would need a million marks to buy a loaf of bread. This happened in Argentina. And if they'll just keep on printing money eventually we'll go bust. And the real problem I have, sorry about that, the real problem I have is people don't understand what the government has done to them. They made them broke before they even got out of the well. Will Dove 10:11 I want to unpack a number of things from what you've just said so we can give people a greater understanding. And I always ask my experts, because sometimes, what I tried to do was take things that you said, and put them into very plain English, that somebody like myself would be able to understand. If I get anything wrong, Peter, please correct me. So first, I want to just give very simple explanations for what's a fiat currency, and what is fractional reserve banking. A fiat currency is just paper money printed by well, it doesn't matter who it's printed by, but the government says it's worth X. It's not founded on anything. It's not backed by anything. They just, that's what it's worth. That's a fiat currency, you know, fiat being the word for when a government or, you know, a monarchy just makes this blanket statement. Okay, fractional reserve banking. Now, you've made reference to something really important here, but we want to get the definition down first. It used to be that, you know, hundreds of years ago, if you wanted to go to the bank and borrow money, you were borrowing other people's money. If you needed, you know, $1,000, you were borrowing $1,000, were other people's money that they had in their vaults. My understanding of fractional-reserve banking is about 300 years ago, the very first central bank in Europe, I think it was in Germany, formed, and they convinced the government to let them do this little scheme where they said, well, nobody's ever, not everybody coming to the bank all at once for their money. So we should be able to lend out more money that we actually have in our vaults. And that's the fractional reserve part of it. Now, up until a while back, my understanding was that the fractional reserve ratio in the United States was 10, which meant for every dollar they had in their vaults, they can loan out 10. Now, you made a statement about it being zero now. But before we move into that, I just did make sure everything I've just said, is that essentially correct? Peter Merrick 11:58 Correct. Will Dove 12:00 Okay, great. Peter Merrick 12:01 Except for one thing. Except for one thing, it was 3%. And the governments were like passing regulations, and they had to get up to 3%, it's probably been zero, forever. Will Dove 12:14 Right. And that's the practical thing we need to get into. Because if the fractional reserve ratio is zero, which means they can basically type numbers into a computer all day long, unlimited amounts of money. Well, once again, we've got, now we got a double problem. We've got fiat currency, which is worth whatever the government says it is, which basically means not actually worth anything, because not backed by anything. And now we got a fractional reserve ratio of zero, which means they can create unlimited amounts of fiat currency that's worth nothing, but here's where they get us. And you made a very good demonstration with a mortgage, and how they don't create the interest. So they get to type numbers into a computer to create that million dollar mortgage, which the borrower has to pay back principal and interest in cash. Quite the setup, isn't it? Quite the scheme. Peter Merrick 13:09 Well, it's even better than that. Think about that they created something out of nothing. They gave you like the calendar, like I owe you notes. So they've created that, and if you miss a payment, they'll take a real acid in the real world from, because they give you a fake acid. It's something that doesn't even exist, like what? And they've got people thinking it's real. So when they go and they see $1 bill or something hits their bank account, they think it's real. And it's even more frightening than that, because I'll share with you like the things that should blow our minds. One, they can grab a real asset for something that's not real. Number two, they have derivatives on things that are like creating more money. We're talking quadrillions of dollars. We don't have a debt in Canada, like what is the debt in Canada? I haven't kept up with and I know what it is in the U.S. Will Dove 14:09 I don't know what I, if you can't get a better debt probably have that off the top of my head. I can't remember right now. Peter Merrick 14:15 Like a trillion dollars, two trillion dollars that way to those spend more money. I remember when it was like it was only four hundred and eighty. Will Dove 14:23 It's far more than that. Because just last week, Chrystia Freeland gave herself the right to borrow an additional half trillion this year. Peter Merrick 14:34 Unbelievable. Will Dove 14:35 With no explanation of what they're going to do with it. Peter Merrick 14:38 It's going to her grandfather's friends back in the UK. Will Dove 14:45 Quite possibly. We don't know. Peter Merrick 14:46 I don't, well right now, I don't know. But that happens, so the second thing is you've got quadrillions of derivatives out there that magnify this nothing, now they've magnified it further, like everybody buys like stuff, glasses, and everything. The other thing is, we really own anything. Like, honestly buy a house, you have to pay, you still have to pay tax on it like you really own anything. One of the things, and this is the last thing that really concerns me, after 2008, and they did the bailouts, in the United States, we were told that, you know, they gave these banks close to a trillion dollars, in Canada, we felt really like our banks are so strong. Well, our former prime minister that everyone love, because they thought he was conservative, he ended up moving all the bad data on the Canadian banks from the canadian mortgage corporation and he moved it, it was actually more than what the United States had given. And we're going look how strong our banks are. So he took about $82 billion, and he moved bad debt on to the Canadian government. Sorry, to the people, not the government. And that happens to be a major concern for me. So the question that I always have, now I know about this, so what do I do? Like, because having this information is great. You and I are having a wonderful conversation. How do I act on it and do something practical? Because lots of people know a lot of things. But a lot of people, a majority people doing nothing. Will Dove 16:36 We want to get into that in just a few minutes. But there was something else you said earlier that I also think we need to explain. So at this point in time, we have explained to the viewers, the fact that money is yes, it's a creation of the human mind. According to this quote that you put in here, it's just a concept. It's not backed by anything, it has no actual value of its own, and they're creating more and more but out of thin air, which should be fairly obvious why that would lead to inflation. I don't know if we have to explain that part. But then you talked about the overnight markets, and how the banks stopped lending money to each other. Why? Peter Merrick 17:13 They don't trust each other, and you're trusting your bank. Not you, Will, particularly but they didn't trust each other. They didn't want to lend to each other. They have people who actually look at the, like, what the debts of these companies, which are banks, and they don't trust them. So the government or the Fed had to step in. And if we didn't conveniently have the crisis, there could have been a crisis that we'd never seen before, so they were able to get away with printing so much money. I had the opportunity before, he became, he blew up on the internet to speak with that doubt. And he educated me on all this stuff. This is back in like, probably 21. We sat down and educated me he said, you know, I was looking, he explained something that stuck in my mind. Because I was asked a really great question during COVID. So when did you know that it was a scam? Or I don't know if I'm allowed to say that or are we going to be believed? Will Dove 18:21 Oh, no, we can talk about that quite openly on my show, Peter. Yes. Peter Merrick 18:24 When did you know it's a scam? Well, I came to my understanding early on, I went back from San Diego where I live. And I was in Toronto, and everything was locked down. And I was walking around and looking into hospitals and see, this doesn't make sense. And I also remember, like no one takes shots, you know, like women won't eat a can of tuna during pregnancy, because God forbid they get mercury, but they were actually pushing this. So you know, there were certain things that did not make sense to me. And lucky for me, I'm a typical male, I'm lazy, so I haven't had a shot since I was probably 14 years old just because of laziness. Thank God, right? It's not gonna work with the added things in my life. When I walked by the hospitals, and I saw that they were empty, and the world was shut down. Well, that was a doubt a wake up call, because this guy here worked on the financial markets. He's got a best selling book. Now, he's at every podcast you can imagine. So I asked that, I said, what was your wake up moment? And he said, me and my friends on Wall Street, we were, we knew something's gonna happen because it was a debt crisis. Like, first it was like companies in 2000, they started going bankrupt, remember Nortel and Enron. And then you had the banks going bankrupt starting in 2008. Now the central banks are gonna part. This is what he was saying, he was looking around what was happening. And then, during COVID, his wake up call was, he was watching on one of the early morning press conference, like the news shows on Sunday. And then Kansas City Federal Reserve, so people who don't know, the Federal Reserve has a bunch of different governors across the United States, he was on Meet the Press, and he said something that woke at up. He said, we'll go back to normal when we have this pass. This vaccine COVID pass, we can go back to normal. And this guy here is in charge of money. And in essence, if they know the system is going to crash, what would you want to do? You wouldn't want to control the craziness, the falling of society, the collapsing of it. And he said, this thing here is a scam. It's to get people digital ID, to get control of their money, and to do social credit, like social credit to make sure that people behave a certain way because we know this system is going to collapse. And one thing I want to share with you that I didn't bring up earlier, which is a very important point that scared the hell out of me, is I'm a nerd, my expertise was tax planning for corporations, and I would read the budget. Now, not what they would tell you to, you know, what they were doing, where they put like new shoes, and I don't know, I can't call a person who is our new finance minister, it looks like a gobble. I read the notes. And I was always frightened about what was going to be when Trudeau got into power. I was always frightened what he was going to do, to you know, to Canada, because he could put me out of business because I was advising wealthy people. And he was taking away what wealthy people to do. So, in approximately 2016, something was in the back notes, we're talking about page 200 to 240, I can't remember specifically, but it talked about a bail-in. You remember the bailouts? It talked about that they could seize whatever fiat courtesy zeros and ones you have, and they can take it. So you've got a bankrupt bank, that now seizes all your cash, and they give you a, you already have like, something worth nothing. But now they've given you bonds or shares in a defraud company, they have the ability to do bail-ins. Will Dove 18:49 Yes. Peter Merrick 19:08 And that to me frighten the hell out of me, because like, I'm sitting here, and I'm thinking, well, what is this really mean? Now they can take my money. Before they took my money as a taxpayer and printed it, but now they can seize my money. And it really frightened me, it really frightened me, because we already know over the law, anybody, you know, that has a bank account knows that for them to have your money is a privilege. They actually have all these taxes, I mean, service fees, and now they have the right to take your money. Will Dove 23:24 Now earlier, and that gets into the commercial banks, but a few minutes ago, you talked about and nobody is surprised that the commercial banks may be about to fail. We're seeing it happen already. You know, they're crashing, left, right and center. And it's probably going to keep happening almost certainly going to keep happening. But a few minutes ago, you made reference to the private central banks collapsing. And this is not something I've heard before Peter, because I had the same impression. I think that many of my viewers do with the role of the private central banks are largely owned by the globalists who control everything. They're the ones who ultimately have the power to create unlimited money into thin air. So how can something like that collapse? Peter Merrick 24:04 Well, everybody needs to be able to borrow, like they need to be able to lend out the money. So they've taken on all this debt like it was pretty incredible when you really looked at it, like what was happening. The United States was like issuing that in the central bank was like lending and then they were buying back the bonds. It was just all, it was all theatrics like it wasn't even real, like they weren't even like before they would go out to like China and other central banks and they would buy U.S. T-Bills, treasury bills. And what ended up happening is they ended up buying back. What they also did in the mortgages, the Federal Reserve, all is about 33% of all the mortgage paper out there, like it can't be sold. So as soon as people wake up and they realize that they're, that the money's not worth anything, they're gonna stop e-trade, which happens to be the Federal Reserve and the Bank of Canada, they're gonna find other ways to store their wealth. Because there's a difference between currency which is a medium of exchange, an actual debt, and people can't separate the two. Just like when people buy stock, they can't make the connection, the majority of these people when they're trading on the stock exchange that there's a real company, it's been separate. And people, and there's no reason for them to really understand because if things are good, why we shouldn't know? I shared with you that I woke up during the scamdemic. Well, my life was damn good, Will. So there was no reason for me to wake up. I had a very interesting conversation, I'm not gonna mention this person's name, but he's a producer at CBC. I've always worked with entrepreneurs. I looked at the government as a cold sore that you just want to keep under control. And my friend had a conversation with me in 2017, he was a producer over at CBC, he says, you don't see what's happening. You don't see what's happening in this woke culture and control because everybody I dealt with, as entrepreneurs, we would do whatever we could to keep the government out there. But in the last few years, and I wrote about this today about crony capitalism, the government, specifically in my homeland, which is Canada, which I feel like for many years, I was in exile, not by choice. Well, yes, by choice, I was not going to participate, so my own country wouldn't let me in. So he says to me, that you don't see what's happening in society. Well, let me share with you about Canadian businesses, I believe, it's like most people that I lived in the greatest country in the world, why shouldn't I? Because during the 80s, and 90s, the UN told me, that we were the best country in the world. It's pretty safe, and it was so clean. And I was from Toronto, you know, and I thought it was such a great city. And it was like, wonderful. And you know, I, Canadians, what was our hobby? Heading up how we were better than America, right? Like that was what a Canadian stoops. So the first shot against the bell with the Liberal government, under Trudeau and, or whatever his name is, he was the finance minister, is in the summer of 2017, they tried to sneak something through that was going to destroy small businesses. They were attacking small businesses. They were taking away all the tax benefits of an entrepreneur. I remember watching on television, I never watched the senate before the Canadian Senate. I heard about it, but I started watching it and I see this guy Wolfson, he was a professor in Ottawa, he was a full socialist. He was making comparisons, why doctors and business people and entrepreneurs should not have tax benefits in Canada and he uses this crazy example. He says my son worked for a startup in Toronto and it went bankrupt. Why should the business, the guy who started it get certain tax breaks that my son didn't get? Didn't he take a risk? And I'm like, yeah, your son was able to live in your basement, the other guy lost his house because a company goes bankrupt and he's moving into his parents basement. Like the difference is you get reward. I take risks, I get reward. So the government said that they were going to change the entire income tax act within 70 days. Let me give you a comparison. There was a Carter Report in 1962, where they were going to modify the Income Tax Act, 10 years before they implemented any of the recommendations. Trudeau steps in and says we're going to tear apart the income system, that business owners are criminals ripping off regular person. That was a first wake up call for me because this had never happened in Canadian history, that the government was going to completely change something so fundamental to Canadians. Then comes the second shoe. The second shoe is you can go into Walmart during COVID, you can go into Costco during COVID, you can't go in to the local store and support the local person. Why would you want to do that? If I were the devil, I would want to go and put, you had a business, me had a business, because if I'm not married to the state, I'm gonna say no. But if you've ever walked into a government federal building, and asked if these people have the backbone, they'll say no. No, they don't. Because they're completely dependent on the government and their policies. They are slaves. If you have a strong middle class of independent thinking people who rub up against the environment, and they have to make choices and they survive, they're not good sheep. And I can share with you that many, my colleagues and friends who are entrepreneur and independent, guess what, they didn't take during COVID, they were the 5%. You want to break those people, you want to get them on some type of welfare system, and they're married to the state. And I just have to say this, because when I heard this term, it just blew my mind. It's called a Dog King, you know what a dog king is? Will Dove 31:40 Well, I do, because I read your book, but I'm gonna let you explain it. Peter Merrick 31:44 I have to say it, because I didn't understand it before. So I'm the devil. Let the match. So if I'm the devil, what would I do? I asked that question. Everything makes sense at that point. A Dog King is it goes back to the six hundreds. And it's when the Swedes defeated the Danes. Now the Swedish king wanted to humiliate the Danes. So he appointed a king, and it was a dog. And it was to humiliate them. So all the edicts coming in, through the Swedes were supposedly attributed to this dog. And was to make them break their will to humiliate them. Well, guess what? The controllers have den. They've appointed dog kings, Justin Trudeau, Joe Biden, our den in New Zealand, you name it, they exist all over the place. And think of it this way. If you listen to an idiot, who's the bigger idiot? Will Dove 32:55 Okay, so now, you were unbuilding to a point, Peter, so stick with me. And you've been giving us some great information. So I want to start from the beginning here, just do a little summary of where we're going. So we start out talking about fiat currencies, fractional-reserve banking, the fact that our entire currency system is really just an illusion, it's a house of cards, it's not built on anything, that it's going to lead to rapid inflation and is. And then we've got the other central banks, which the other founders love central banks, for the ancestors of the globalists who were behind all this today that people were putting into place those dog kings, to control the governments, therefore, to build their world government and control everyone. And the fact that even though central banks are probably on the verge of collapse, because if no one's borrowing money, they've got no way to continue the game. Which is why they want to bring in CBDC's and social credit scores. Because they they built this broken system, this house of cards that was going to collapse sooner or later, and now we're there. And they have to replace it with something else. Is that about correct so far? Because I've got one more major point to add to it. Peter Merrick 34:14 That is, yeah, fully. Correct. Will Dove 34:18 Okay, so now, you made allusion to this earlier, and it's been a lead into your area of expertise, and one of the reasons why I wanted to talk to you and bring your information to my audience, is you're talking earlier about the business owners, the small businesses that way back in 2017, in Canada, they were looking for ways to shut them down. It's been very obvious to me, to the entire COVID narrative, the whole pandemic, that the number one enemy of the globalist, and their plans are the middle class. We are educated, a lot of us have enough assets that we could last for several years without employment if we had to, however, most of those assets are in our homes. And it's very obvious that they're going after the value of houses, they're going to try to create great a real estate crash. So you can put a whole bunch of people upside down, owing more money than their house is worth. So you turn everybody into slaves. I just wanted a comment from you on why is the middle class the number one enemy of the globalist and their plans. Peter Merrick 35:26 Because they're independent. They have assets, they're not married to the state. When you have security, it's what we call them, the financial industry is called FU money. You're able to say screw you, I'm not doing this. If I have enough money, I can leave my employment or it's something I'm doing because I have enough money, I'm not going to take a shot. I'm not going to sign up for things that I think are bull. When you have a strong middle class, you have independence. They do not want you to be independent. We can see this happen in the Great Society in the United States. People don't know this about the black community in the United States, because they were segregated. They had incredible businesses, they had higher marriage rate, and less children being born outside of wedlock than the white population. And then one of the biggest races, Johnson, though, he puts in policies for the Great Society, which says that if you have a meal in the home, you don't get any assistance. So they forced an entire culture to be destroyed, that was self sufficient. Well, guess what? It didn't stay in that community and move to out the rest of the community. Because I remember, back in the early 1990s, Hillary Rodham Clinton, who only changed her name to Clinton when Bill was elected, wrote a book that said it takes a community to raise a child, think about that. If you go and you start doing your deep research into the Rockefeller Institute, into all these different groups, you find out that it's not just the middle class, it's the family. It's the family unit. Because if you have a male there who follows traditional values, and you have a mother, you don't mess with those people, especially if they've got a strong community. So what do you do? You basically destroy them. People know this about the early suffragettes, a lot of them were almost seated in this, and there is was an entire like argument against the equal rights amongst women, because they say I don't want to go to war, I don't want to die. I want to be able to spend time with my children. Because think about it, going off, for most people, they go off to work, and they have a second income just to pay for childcare. Someone else is paying, I'm paying someone else to raise my children. And then I send them to school. And they have this indoctrination process. They don't teach them writing, reading and arithmetic. They teach them Whoa! I went back to Toronto after three years of not being able to go back to my country because I made a choice over my body. And I saw this flag everywhere. I went around and I took pictures walking on Yonge Street, for those of you thinking where Young Street is, the street in Toronto, and I walked two miles. And I took about 60-70 pictures, individual pictures, that they had a flag that I could not speak about because it must have been the same way that it must have felt in Nazi Germany that if you saw that swastika, you couldn't talk about it or you would be like, take it off to the Gulags. You can imagine which flag it was, it was in June. I'm being very politically correct right now. But it became like a silencing. Something else actually really upset me when I was back in Toronto. And I'm living in California. So I want Canadians to know how upsetting this was for me. I went away and I felt like Rip Van Winkle, did not recognize the city of my birth. He was disgustingly dirty. It was. It was, there's a number of things I didn't want to say but I want to share the part that actually really made me sad. I know 14 people I'm directly connected to who have someone immediately in their family that's not happy with their gender. I don't know where thr hell this happened. I do not know where it came. Is this a cool thing to be right now? Well guess what, if I was a devil, I would want to go and have people confused young people because guess what, if we had the Titanic today, and the average Canadian male was going to step aside for the women and children, that ain't happening. They're gonna be wearing a dress and a wig and being like clinger that they're going to be the one flip first jump in to the lifeboats. Guess what, if I wanted to bring down a society, I would want to attack being a male, I want to want to attack the family, and I would attack the female. And this is, and I would have you listen to ridiculous things. So you didn't know what was up and I would make you soft and weak in the story of Hansel and Gretel. I would, if I was a witch, who's basically these people are the witch in this story, I would get you all fat, lazy, so I could eat you, it'd be easy to eat you. Yes. So you can tell? Well, I'm really passionate about this stuff, because I'm like a Stepford wife. And when I woke up from the programming, because if you asked me five, six years ago, I lived in the greatest country in the world. We didn't have guidance. We didn't have people on the street, we have socialized medicine, it was really good centralized medicine, until I got a call from ServiceOntario, giving me a courtesy call, because they didn't have you on the system, that I had taking a jab. Well, that's a precursor to digital currency and social credit, isn't it? That they knew that? And I knew it was happening. But guess what, when I dealt with a lot of computer consulting companies that were my clients that had these huge pawn charts, which is only great. Oh, they're centralizing all records. That's why right now, is the time that if you're going to make a change or make a stand, it's it, because if you don't speak now, guess what? You'll never be able to speak, right? There's a famous saying, I just want to share with you, it came from a revolutionary in Mexico, I'd rather die standing than live on my knees. That's a question that all of us are gonna have to make because guess what? We all die. And that's how they weren't able to control everyone, making them fearful that they're gonna die. Well, we're all gonna die. Guess what, did you live? I want to ask the people who might be here. Did you live when you were locked away? When you were wearing their masks? When you were getting your seventh shot? Are you living? Will Dove 43:08 Alright, Peter, you've done a fantastic job. Thank you very much. I'm giving this overview of the financial structure we have of why the globalists are trying to move to a new one, of why the middle class, especially the family unit, is the enemy. And I've brought us through this whole progression to get us to this point, because I was laying the foundation, because you are an expert in protecting assets, protecting the wealth of Canadian and just to make it clear folks in case you didn't catch it, Peter is a Canadian. He's just been living in America for the last few years. And I think it all start with that. Because I think it was 2019 when you failed and you headed to the U.S., you must have seen somebody... Peter Merrick 43:47 Not on purpose. I thought it was a vaca-, I thought I was only doing it for a year. Will Dove 43:51 Okay. But then COVID hit and they wouldn't let you back in. Peter Merrick 43:54 They wouldn't let me back in. Will Dove 43:56 Right. So where I want to go now Peter is you are a consultant, you help people move assets into the U.S. to protect them, to protect their families, to protect their future. Now, because you're a consultant, I'm not going to ask you to give away the farm and tell everybody the details, give it away. But whatever you're comfortable sharing and obviously you can be found online at petermerrick.com, if people wanted to contact you for your services, but could you give us a few examples of strategies that you've come up with for legally moving assets into the U.S. from Canada? Peter Merrick 44:32 Well, I noticed Will that you facilitate gold purchase. Will Dove 44:38 Yeah, we're an affiliate for New World precious metals, yes. Peter Merrick 44:42 Well, you know that happens to be something that's very interesting that I didn't know. If people know, I'll talk about the U.S. which I find really interesting, that if you buy gold eagle, that are like over $2,000 on a one ounce, it's on considered $50. So you could travel with two 499 gold coins and you're not breaking the $10,000 rule, that's a very easy way to travel with lots of money. You can do that with silver too, but the silver dollars, their dollars, and it's a lot. You should be leaving with a few 100 pounds. It's also they're treated differently because it's currency. And I want people to think that they're nickels and quarters that it costs a lot more material. That those things are stamped on than what the value is. And that's the same thing that individuals can have. The other thing that I found really interesting is if you bring them across the border to the United States, you purchase the coins through you Will or through your affiliate. And you go, and let's say it goes up to $10,000 because fiat currencies were nothing, right? It's not that the gold is going up, it's the currency is going down. And you have to get whatever currency is available. That doesn't get reported to the IRS. It's your responsibility to report the game. Just wanted to point that out. It's not, so here's something that you could travel with 100 coins, it just crossed the border. Will Dove 46:27 So you mean carrying around your whole fortune in gold coins, and there's no issue with carrying that across the border. You don't have to report it. Peter Merrick 46:40 When you say like, are you bringing over the $10,000 cash, you're not. If you're bringing in 499 gold eagles, which in the U.S. it's a $50 piece, that's what it's like currency is on it, you can do that. I did a quick calculation, that's about 16 kilos or something like that, but it's not like, but it's a million dollars U.S.. So that's something to consider. Now, the other thing which I have to suggest, if you're going to move a lot of assets, we need a lot of runway, meaning we need at least a year runway. Because Canada is a very interesting country. I like the U.S. that says they got their, well they had a good military, that you have to file income taxes, if you live in Canada, if you're American or have a green card in Canada, the U.S., everywhere in the world, right? Like anywhere you live. In Canada, Canada says we want a pad of flesh when you leave. So the strategy is this, you want to lower your exit tax in Canada because you maintain your Canadian citizenship, but you give up your Canadian residency for tax purposes. So basically, on your way out, you want to lower it as much as possible. And that takes planning. And there's several things we can do. If you own a business, we can do a lot of things, we can move money into our CAs, pension plans, we can do things that are very solid that we can have you low your tax on the way out. And you know what's really good about the treaty between Canada and the U.S.? People think that they want to move their money to offshore islands and things like that. Now, the best place for a Canadian to go as the United States because of that treaty, you move the money into the U.S., you knew that they got trust that unlike in Canada that if you put money into a trust, in 21 years, it has to distribute the assets. This things are 400 years. You can shove your stuff into the trust. And whatever money comes out of the trust that you live in, well, you know that tax you paid on the exit in Canada? They give you a tax credit in the U.S., so you'll never pay taxes again, you pay the tax there, the money will be able to be passed on to heirs in the United States because you moved it, the cost base has been set. It's in a trust, it's no longer yours, that lasts forever. And you're getting these tax advantage because you're getting these tax credits based on the tax you paid in Canada. The other thing that I actually really focused in lately, which I think is overlooked, I would only buy investments that were offered not by brokerage house, I would only buy them from mutual life insurance companies. And let me share with you why. And this came about from deep discussions with Andre Spitter who introduced us. Will Dove 49:59 Adrian Spitters, yes. Peter Merrick 50:00 He said, if the world starts falling apart, Peter, where do you want to like get up on the shore line as far as you can before it collapses. So we started discussing this, and I never really thought about it. And then I started looking into mutual life insurance companies. They're under a different act, they have required reserves. Remember, we talked about these banks have no reserves, these guys have required reserves. If you notice, Buffett, loves life insurance companies. He does because these things make huge amounts of money. But if you own a mutual life company, the people who have participating policies, they're the ones who the insurance company pays profits to and has the answer to. So they have solid real life investments because of the requirements. And if the market starts falling apart, which I like is they're not traded on the stock exchange, where there might be billions of dollars of derivatives on it. So when the market starts, collapsing, these will be the last people standing in the B system that we talked about. We're all going to be impacted. You get to have, you know, a billion dollars worth of gold eagles. And if it goes to crap, doesn't matter what you have. I was listening recently, that Zuckerberg is building like, you know, like, underground tunnels and everything to live it. And you hear rumors of people on the islands who say, if the world goes to shit, they're going after him. So, we're the B system still, I see Will you're wearing a nice tie, and a shirt, and everything. That's because we live in a pampered society still. I just know that if it lasts, you want to be one of the last people to last. So I'm now sharing with people that the Canadian government doesn't like you. I've seen that in 2017. They didn't like you. During lockdowns, if you're a business owner, and you are contributing to the society. And there's no reason they're going to like you in the future. So if we worked hard, in the United States, unlike in Canada, their constitution, or laws of the land, I reportedly discovered that our Constitution and Charter of Rights and Freedom are privileges. And right now, those privileges are afforded to you still. You want to go to places, the only place in the world that I believe, is there certain states in the United States. And we saw it during COVID. It was foreshadowing to who's going to stand up to this tyranny and who's not. And I was a strong patriot, I can't get my eyes off your flag because I love the audacity you have to put a chain around that flag at the same time. Well, it makes me want to cry. Will Dove 53:32 I have the same reaction to it. I put the flag there in my background, three years ago, when I started doing interviews. And I very intentionally put that flag on it. But you'll notice something about the chains, the rusty. And that rust represents the corruption that has captured our country. And when we purge our country of that corruption, when we're free again, those chains will come off. Peter Merrick 54:06 And I would like to be around. And well I want to leave this, even though we talked about finances, because that's something I do. The last 32 years I've been in the financial industry. I was a profit over at Ryerson for 12 years. I was a columnist for 20 years. And I wrote three textbooks and one business book. And I love variety. I got to share with you that one thing that stuck in my mind is I had an opportunity to speak with Patrick Moore, the founder of Greenpeace who loves carbon! Loves carbon. We all breathe carbon, you know people don't know this, but greenhouses they shove in about 4000 parts, or you know, million. Like, carbon is good. When they talk about getting rid of carbon, every breath you and I take Will, we're spitting out 40,000 parts per million like, in essence, we're under the carpet. Well, I had an interview with them because I needed to know something I said, how did you survive when everyone turned against you? How did you survive? Because I was good friends, back in my more liberals days with Bob Hunter who is also the co-founder. I wanted to know, because everybody turned on him when he started saying like, carbon is good, this is good. And they were, you know, he was the only one with a PhD in science. And he was the only one who grew up in the wilderness. All of them, he said that they were Truckeetarians. They lived in the cities and all these environmental and as well, all their food came by a truck. If the truck stop, they'd be starving. I said, how did you survive? He said, I followed my instinct. And then I asked, qualifying questions. So waking up is feeling what is right, and what is wrong. And number two, as he told me how Greenpeace started, it was really interesting. He said, There were about four people who were having problems with like the nuclear bomb being tested, or, you know, if you believe they exist or not, they were going up to Alaska. And the way it came about is to the men who showed up, they were Quakers. And they have a tradition of witnessing horse. To be witnesses, eyewitnesses. Watch these people who are demonic, who are, you know, who are selling themselves for the coin for stupid trips, whatever, who injected people, who've put in these crazy laws, be a witness, witness. Because after we get out of this, we need people to witness. Because where we're going through only history will tell us and need you to be awake. We need you, that if you're going to stay in Canada, I say make a community, be surrounded by like minded-people. Because in the end, it's not going to be how many dollars you have. It's going to be how many real friends you have. Will Dove 57:42 Peter, thank you very much for your time today for this interview, for educating us on the financial system on why they're wanting to change it and how people can protect themselves. Once again, folks, you can contact Peter at petermerrick.com. There'll be a link beneath this interview where you can reach him. Peter, thank you again. Peter Merrick 58:01 Thank you, Will, and I know I'm passionate. But I gotta tell you, it's your fault seeing that flag with that chain. As a Canadian I still get angry to see these corrupt people make decisions for my family, for my friends, for my community, for my city, for my province and for my country that do not benefit the people of Canada. It just gets me. Will Dove 58:35 Yes. Peter Merrick 58:36 I'm gonna have to go for a walk after because I got myself really agitated, it doesn't go away. I could ignore it for a bit. But that flag is such a powerful symbol and thank you for having it. Will Dove 58:50 Thank you Peter. Peter Merrick 58:51 Thank you.