Glenn Beck on Tuesday expounded on the financial "suicide train" he believes the United States is on, saying the train is headed straight for hyperinflation and a worldwide crash unless we take drastic action.
Beck began by playing a clip of Swiss investor Marc Faber -- sometimes known as "Dr. Doom" for his gloomy economic predictions -- telling CNBC that those who are asking when the Federal Reserve will taper its quantitative easing policies are looking at the issue incorrectly.
"The question is not tapering. The question is at what point will they increase the asset purchases to say $150 [billion], $200 [billion], a trillion dollars a month?" Faber said in a Squawk Box interview.
Faber also stood by his prediction of "QE-inifinity," saying "every government program that is introduced under urgency and as a temporary measure is always permanent," and that the Federal Reserve "has boxed itself into a position where there is no exit strategy."
Beck said Faber is absolutely right, making only one distinction: as he sees it, the Federal Reserve is trying to find an exit strategy -- just "not for you."
But regardless of its efforts, Beck said, "it's a total reset at the end."
"And for the very first time, it will be for the entire world," Beck added. "When Germany did this, they did it to themselves ... and think how much all of us hated Germany."
Beck said this is why China is reportedly buying thousands of tons of gold, because they are trying to set the yuan up to be the world's currency when the dollar collapses.
"I'm not sure that China even survives this..." Beck said, but soon added that "not everyone's going to go down" because there's too much money and too many resources at stake.
So how do you get off the "suicide train"?
"If you were really serious about not having the United States of America drown, here's what you would do," Beck began. "You would say, 'Look, gang, we have to stop on some of these spending things ... And so, the first thing that I'm going to do ... I'm putting up all of the land for sale. All of the land of the United States government owns. We're going to put it up for sale first to everybody in the United States. You have to be a citizen to buy it. And I mean everything. We're going to put up all the national parks, put up everything.'"
Beck said the first "squabble" would come from the states, who would be understandably outraged that the federal government took their land only to sell it. "Maybe the states get a piece," Beck suggested, or perhaps state residents are eligible first, but the federal government can't be tying up so much of our land.
Second, Beck said, you figure out exactly how much we have in shale, coal, and other natural resources and say, "dig it out as fast as you can."
Beck even said that if we're not going to utilize the oil in Alaska, we may as well sell it to the Russians while we can still get something for it. If that alarms you, he added, you either need to revise your opinion that we should just "sit" on the resources to protect the animals, or other countries will still end up with that oil -- it will just be taken at "the barrel of a gun" down the road.
"The U.S. is worth - just our land and our assets - about $150 trillion," Beck said. "We need $17 [trillion]. All the assets that this government holds, sell it. Sell it."
Beck said if you could even take $5 trillion off the national debt you would send a strong message to the rest of the world and stabilize our country. And that can't be a fantasy, he added, "that's the kind of thinking we need."
"We need $10 trillion off this debt, and we need it off this debt right now," Beck said. "And not funny money. Not bull crap...It's time for an adult to step up into the room, and say this is what we're doing."
"That's who I'm looking for," Beck concluded. "Anybody know that person, let me know, because that's who I'll back. Courage of their convictions and an actual solution, not nibbling around the edges."
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