If the entire purpose of it was to prevent riots during a financial collapse then why did the elites in big business and mass media strongly support the George Floyd riots? It was certainly a clever way of allowing Democrats to do grassroots organizing during a pandemic that also happened to be a presidential election year, but they made special exceptions to say that protesting was fine and that was when many people (including myself) woke up and stopped taking the virus seriously. I guess they could have thought it was a necessary step in order to get their people into the White House?
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So I listened to the full interview in a more awake state and I have a better answer now. Fundamentally, he is saying that the tyranny is in place to prevent riots that happen in future. Other riots may have been engineered to cause confusion and amplify the divide in society between imaginary 'left' and 'right' groups. If you look at the messages coming out of key establishments in recent years, it really looks a lot like they are trying to divide the population as much as possible in order to weaken the population and prevent them removing government.
The theory makes more sense if I think about it not as an effort to specifically prevent riots, but an effort to prevent any kind of opposition to the establishment narrative. The labelling of any kind of free and open discussion as "dangerous misinformation" that must be stopped is the part that scares me the most.
The financial system hasn't fully collapsed yet and often such complicated plans don't work as intended, but ultimately we would need to ask him in order to get his full explanation from his pov.