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tv   News  RT  July 30, 2021 12:00am-12:30am EDT

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the, the news, the news lumps of chemical waste and contaminated soil and exclusive interview with r t a greenpeace expert claims the possible of our mental impact of the recent explosion at a chemical plant in germany. just in the main question arises, it's an acceptable to place this as it were told the keg, me a large settlement. the french president, somebody. well, micron, sousa, creator of a billable? depict thing. him a hitler in charge of a poker and his previous thoughts. this time we do have expression australia has had enough of illegal migration with its interior minister vowing that the country will take matters into its own hands after blasting the e. u for failing to act. once we have seen over the last that came to somehow try
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to take a common approach when it comes to my question. nothing comes up next. that's crosstalk. if you're watching us in the u. k, it's the kaiser reports and the, you know, neil is waiting the wings to take you through the morning headlines in the next hour. join us again. the biomass guys are this is the kaiser report, you know, going to count down the next day as toward an historic day in monetary history. that would be august 15th, 1971. the data then president richard nixon closed the gold window, basically defaulting on america's obligations to great britain at the time. and since then we've had pure a monetary chaos. stacy? yes,
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that was known as the nixon shock. and that's where you find it under wikipedia to research that, over the next 2 weeks, we're going to be looking at that building up to this 50 year anniversary of a great monetary experiment. this is a monetary experiment, right? because this is the 1st time we've had a global all the out world based on basically nothing but paper backed by as paul common at the new york times. a nobel economist says back by men with guns. that's a 1st we've always had hard money or hard wealth creation, real wealth creation. so this is the 1st time we've had been beyond that sort of system. so it's an experiment we're 50 years into it. and that's kind of what because report has been doing for the past 10 years. it's kind of cataloging the results and the consequences of this were researching the experiment. right. so there's 2 parts to it. there's a monetary relativism. yeah. which is that fee money in $1.00 country was valuable
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relative to the money in other countries. yeah. and so that entered into an arrow where value a standard of value became almost impossible to acknowledge or maintain. the other thing it led to was that previous to the central banks or some autonomous and obliged to perform in the interests of the countries that they were in the bank of japan, bank of england, federal reserve bank, european central bank of the precursors to the pain central bank and all the various european countries would be involved in policies that were seen as beneficial to those countries after the nixon. shocking for the past 4050 years of deregulation. we've seen collusion as knowing prince rights in her book. com collusion. and this is about our central banks now work in concert with the same expansion as policies and so the same problems are now being experienced in all
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countries. here's a headline that to me that the 2 words know resistance. it's a fantastic way, i think, to describe the results of this experiment. what this experiment has caused in terms of the psychology of the population. and this is the headline from wolf, st dot com, no resistance to price increases. reports are coming from all directions from small mom and pop operations to large corporations, input costs or surging wages that companies have to pay to attract workers arising, transportation costs are surging amid drivers shortages. supply chains are tangled up and there are delays and bottlenecks and suppliers suddenly can't deliver because they've run out of something. and companies are furiously, douglas, and there is no resistance to these higher prices. consumers are willing to pay
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whatever. usually there's resistance over the past few decades and, you know, companies have to do whatever it takes to try to figure a way out to reduce their own costs in order to keep the same price for their customers. right. the last time we had resistance was back in the late seventies, early eighties of paul walker, who was running the federal reserve at that time. and after nixon let the genie out of the bottle. paul ball grant a raise writes to very high mid chains to form some resistance or to create some scarcity we have had since paul volcker, in the age of margaret thatcher and ronald reagan in the area of deregulation. this runaway derivative growth that has created what's called the shadow banking system is not accountable to anybody. and periodically you'll have crashes, and that's where the resistance comes in. whether it's the crash of $87.00, the bond crash of $93.00, the subprime crisis of 2008, et cetera. that's where the resistance says uneven ground. alan greenspan said that fed policies don't try to manage the economy. it's merely there to clean up the
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mass after the crisis, which is what he said. but this idea of creating artificial shortages are artificial. scarcity in you could encapsulate that in the work of milton friedman in the monitors school out of the chicago school of economics. that has now i think come to the absolute screeching halt. we now have run away inflation from decades of money printing and the bodies are now surfacing. they can't bury the bodies, they can't hide any more. there's no more had donek adjustments and people are starting to realize it, and it's happening on a global basis, which leads to the famous sprays uttered here on this show by max and stacy global insurrection against banker occupation is now global as well here. the other thing i want to consider max is when we've talked about this, that, that stag place on the inflation happening right now is similar to the 1900 seventy's. but the thing that's different is of course, the new generation, the boomers, where the young generation,
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the equivalent of generation z back down to 1971. now we have generation z and the younger millennials at the same age. so back in the seventy's of course you were coming off the hippie movement, the resistance movement, everybody was resisting the draft and it was all about free love and stuff like that. now we have no resistance. so where are we from that point of? because back then, the boomers are born and raised and a time of wealth creation rising wages, real wages, rising real wealth, manufacturing power house. and now we have a generation that is, was not raised on that sort of economic model was not raised on a gold standard. they were raised more, you know, as a sort of a game gaming like virtual reality platform and economic system. so whereby like these, by the box before that was the trunk dollars, the stimulus checks the stimulus, like the no resistance,
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the price increases is makes sense in a way and that they, they don't have that same understanding of the economy, a monetary policy, they feel like you know, on their games that they play all day, it's easy to credit your account with more new linden dollars, whatever it is, you know, right. you mentioned there they were the company behind farmville farm. the bill was one of the early applications or games available on facebook and really made facebook, you know, get that 1st, that 100000000 users or so. and absolutely right. so virtual reality, virtual economics, virtual currencies is where this generation is most familiar. and that's their understanding of economics and people often say that life is all about powering up and like a game world of witchcraft where you get an extra sword, you get an extra weapon. and that's the most people understand to be the economics . what we're seeing now is the difference between inflation and hyper inflation. so
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inflation is a monetary ban type or inflation as a political event. and when people lose confidence in the funny money, the game currency, the us dollar in this instance, then you get hyper inflation, which is far absence of confidence in the dollar. and we see that another currency because the dollars world reserve currency it has other complications involve. but at this rate, i think on the 50th anniversary of the us dollar in pure fee form, going back to $971.00 august 15th. what we're going to see is a collapse, so there's no resistance to the price increases. certainly not from this new generation that the millennial, they're out there and happy to pay these price increases. all value is subjective. if they feel like these, you know, these virtual currencies are good enough for them. that's one thing. but that, so the problem is when you do actually need real supplies, like you do need food, you do need somebody to actually go out there into the field, plant,
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the seeds hedge their risk, you know, reap the harvest, do all that stuff and deliver it to so that the, in the seventy's and we're comparing these 2 generations because in the seventy's is when we, the nixon shock happened. 97150 years later today we're having another supply shock . the supply shots, back in the seventy's was the oil embargo that 1st started, we had one in the early seventy's and then we had the iranian revolution in the late seventy's. so we had these, all these supply shocks or this. the 2nd one was a fear of a supply shock that didn't actually materialize, but now we have a supply shock, similar in the us with various goods, including agricultural goods. so you're seeing all the restaurants, a fast food chains, even having to pass on huge costs to their consumers. there was a recent call chipotle and they were mentioning that they raised their prices by 3 and a half to 4 percent classic sort of fast food chain that is beloved by millennials
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and generation z. and they raise their prices by 3 and a half to 4 percent as the earnings call just last week said. and they were surprised and no resistance at all the consumer is willing to pay. and they were kind of suggesting there might be some more increases coming in very soon the meet prices as the other thing. and this is where you're seeing a shortage and apply. there is plenty of meat itself, but meat packers are having one heck of a time. hiring staff and filling orders amid red hot demands, particularly from the restaurant industry and suddenly meet prices or jumping. even the bureau of labor statistics picked up on it with a cpi report for june. the price of unquote ground beef, for example, jumped by 3.4 percent in june from may. uncooked roast jump by 5 percent and stake by 6 percent pork chops roast and ribs jump by 5 percent. so of course they lose control of their who donek adjustments, right? because ground beef, of course is always the classic and dominic adjustment for stake sake prices are 6
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percent. so people are just going to replace it with the ground beef and said ground beef is also a 3.4 percent. right. and then the china replace ground beef with bugs, right. let me phone. yes, yes. right, well now this is a definition of a classic ponzi scheme, and we have what are called a good part of the games people would describe america social security system as a good ponzi scheme, right? the young people paying into it today are the ones who finance the retirements of the people retiring today. and that's essentially a ponzi scheme, right. we're living off the new money coming in, but it's called a good policy game because there's no buddy losing and told the pot of money in social security would run out. the whole thing would collapse. well, because we've got a situation now where the money in the social security scheme is running out and it is about to collapse, you're going to have catastrophic event happening in america. safety net, as we say in social security. but as you're describing it in the supply chains and
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the basic underlying cause of inflation, it's a similar apologies game. and people who are getting the stimulus jacks are participating. and upon this game, they're getting free money from the government to buy overpriced. me. as long as i free money keeps coming in on the policies game, then this policy is game is a good policies game. this is of course, contingent on one major factor in the global geo, nicole raina. and that is that china continues to finance america's economy as long as they continue to do that, all is great. but at last i checked, there seems to be some acrimony between these 2 superpowers. maybe china won't be financing america's economy much longer. well, the nixon shock started $97.00. we're going to be covering that for the next 2 weeks here. you know, we, we have a situation whereby as these price prices increase, i think the money printing will have to increase the stimulus checks we'll have to increase. so we'll see how that goes, whether we're going to get more and more high inflation, super high inflation by double digit monthly inflation,
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like we had back in the seventy's. so that's something we're going to cover for the next 2 weeks, right? the many more of the shows will in fact be inflated. alright, don't go away. much more coming away. the me ah, in the wake of the 2nd high level meeting, where does the fraught china us relationship stand? the 1st meeting in anchorage alaska was an embarrassing failure. for secretary of state, blinking at the 2nd meeting, the chinese presented the americans with a set of demand. they would seem to stage a set for real negotiations and not just the roof. algorithms and neural networks have been following us everywhere. we look online because our relationships are what matters most of us and that's how we find
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meaning and how we make sense in our place in the silicon valley see don't mention in their sleep presentations. however, i think ghost workers who train the software human, they're involved in every step of the process when you're using anything online. but we're sold as this miracle of automation behind your screen is vulnerable workforce. the scenes algorithm is for next to nothing on a very good day to do $5.00. now, a really bad day. i could do tense, i use workers are available by design. it's about labor costs, but it's also about creating layers of lessening responsibility between those who solicit the kind of work and need it, and those who do it the
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me welcome back to the kaiser report time, not to go to craig mt of gf battles report. craig, welcome back. we're good to see a max. we're talking about richard nixon mart of the previous president of the united states, you know, back 50 years ago, a close the gold window. and we entered a new era of a pure fee money standard around the world. what yeah. what are your thoughts on this so far? well, i suspect you discuss the history of it. why? right? the world was washing dollars, rebuilding back from world war 2, and then the great society and everything else to johnson did. and all of a sudden, people wanted to switch to gall. the french in particular, wanted to switch their dollars back into go, you know, $35.00. now it's a goal. and that became untenable in the u. s. is losing all the reserves. and so what nixon do, we just suspended max? it's officially just suspended, right? the convert ability, you know, i, the 1st thing that comes to mind is i remember
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a day just getting started doing this like about 9 or 10. and i was talking to a buddy of mine who i've been friends with since i was a teenager. and we were lamenting how it, how hard we work and how much money we made. yeah, we were still didn't have the lives that our fathers had. our parents had, you know, my, my mom and dad and saturdays. you my dad, maybe maybe a couple $1000.00 a month to my mom. did he make that as a teacher? but yet we had a nice house to belong to a country club, put all the 4 kids through college. and you can never do that today. what got away from us beginning in the seventy's, you can trace all of the income inequality, all the wealth, any quality, all this stuff that the politicians blame on each other and blame on you and i, you can treat it's all back. yeah. what's interesting, craig, is that for 50 years, the world's been on a money standard and there's been no hard money in existence. and then on the 50, if year or of this experiment, one little country in latin america,
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el salvador has now buck the trend. and they've gone back to a hard money standard. they've introduce big point is as a legal tender. do you see that as being a spark to start a bonfire? that will burn down the money central banks that release the gus started firs, no doubt about it. what will happen one day and again, one day, what does that mean? what does this be? autism exist on confidence, right? in god, that's what it back to the dollar a gold, the 1st place to matter was to, to give everybody competence and you could trade it, hold it, you know, as you go to goal, it still exist on competence that is worth something. but eventually you print so much of that. there are a loses competence and that's when you get to the weimar style hyperinflation, right? you have no competence anymore. and it's just, you know, you demand more and more of it. you don't know where it's going. and the whole thing finally goes up. and so how do you re still confidence in your currency so that people will use it and you get the economy moving you back and buy something.
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so it's always worked for centuries millennia. you make a good point there, craig, and it's about confidence and the people to washington, and the central banks think it's all about policy and they don't understand that once the competence changes, there's no policy in the world is going to change people's panic. buying out of money into something that holds its value. now the, the f g, the financial times recently, road quote, let's all please stop calling dollars. fee money. currencies are not names that only have value because government say they do your response. here it is again, competence. yeah, value because government saying it again, that works until it doesn't. it's like the old hemingway line, right? about how do you, how do you go broke and slowly and then all at once, right. how did you lose confidence in your money structure suddenly and then all at once? you know, it leads me to another think, max, it's all part of the scam,
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if you will, is when, when you quote the dollar, you know, when you watch mainstream financial news and they say, oh, a dollar was stronger today. well, they're referring to the dollar index, and what's a dollar index is a basket of other and back currencies like the euro, and the pound, the yen, and, or you name it. and so when the dollar gets stronger, it's only relative to these other currency. they're all devaluing the same. and so when they all the value at the same rate relative to each other, they don't change. and that's all part of this kind of competence scheme. they're run it yet. president joe biden recently came out and said that is stimulus package that he's introducing is that inflation. and the reason why he believes is dom inflationary is because moody's, the rating agency that's on and large bar by warren buffett, who just had a subtle, a corruption charge involving his company and movies, told him that it wasn't inflationary. what is he getting wrong? everything, i mean, i guess i'll put this in that larger picture. i mean,
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whether it's the present united states, whether it's all the bankers, whether it's warren buffett, they all have an obvious interest in perpetuating the system as long as possible, right? because us has to maintain demand for dollars, if we're going to be able to continue to service all of this debt that we've, you know, build up 30 trillion dollars, you know, and everything else. and so they're always going to go down that road. it's all part of the government statistics. that's why they interstate inflation. that's why you get all way to today would try dettori inflation and, and how the stat is trying to job bone yield curve control by convincing everybody that inflation is going to go away. it's all part of the spin cycle that everybody were the best interest in perpetuating the system supports and that's, that's fine that everybody else you just mentioned next, inflation is raging. the feds balance sheet is soaring and you have precious metals
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are flat. what's going on? get, remember, how do we determine price in precious metals and how we determine price since 1975 . okay, this all goes back as a direct result, addiction going off the gold standard to we just her and tries to try to derivative this is where each ounce of actual physical metal is. levered a 100 times $200.00 times. i just saw the thing today. the volume of silver derivative traded in london is $270.00 times the amount of silver that's mind every year. ok. so you're going to price it off a trading driven. that was always the great thing about big coin, right? it was price off the actual exchange, a big point. now, unfortunate, we have some derivatives that you know, the banks decide. they want to make my office by having derivatives, trying to control it. but the main thing, as long as you're going to price it off the trading and derivatives, and the price is not determined by the metal. and the value of the metal is actually determined by the supply and demand and derivatives. and right now there's
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not too much demand for the derivatives because the hedge funds, the institutions, the usual buyers of the co comics gold contracts and the allocated golden london. they're buying this transitory nonsense to oh, why would i buy that? you know, real interest rates might be negative for present, but they're not going to stay there. the fed as a should be, they're going to go back down to, you know, even or, you know, plus positive real interest rate. so i don't want that goal that'll wear off to once people figure out that this will, transitory is nothing but a roof. there are some now there evidence involved in the big claim pricing. and fortunately because people can take their private keys, they can't ultimately win. but not the same time yields on tenure, treasury of collapse and they stored and they collapse. you know, if you take the adjusted dollar amount involved here between the $200.00 trillion dollar bond market and they call it $700000000000.00 bitcoin market. they bond market is about 30 times more volatile the big one correct?
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now funny, but she again max, i keep having to draw this back to where we began. you know, the great people and i mean a great and wiki leaks, you know, free us on. i mean, what i mean they, they have done more to support actual civil liberties in the 1st amendment in anybody else. and they on earth from december 9743 weeks before the u. s. citizen rebel own golding in for the 1st time in 42 years. and 3 weeks before the futures trading started. and those are not coined. that's not a coincidence. they began at the same time, they entered cables from the secretary of the treasury and in london, the treasure to london. suddenly said, usa, we will form the dealers. expect a sizable futures market that will make it so bought. all the people won't want to own it. and that's what they're trying to do, what they try to do to big point to convince everybody always. so while you don't want that, oh no, no, no. and the point you're making his pants asked everything,
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but the tenure treasury note matches the supposed to be the foundational bedrock investment for institutional investors and central banks around the world. it's now moving 8 and 10 percent a day. how is that some kind of foundational investment in all that all the big coin who's a $1000.00, gold news, one percent. they're supposed to be risky involve. everything's risk involved here is we get to the end of this monetary scheme, right? gas lighting? yeah. the green financial media unfortunately is pay to play and you can get them to say if you want to throw a few quarters and they'll spit up the the lies. you know, the bloomberg had headline, gold traitors chad bragged about how easy it is to manipulate gold and silver prices. you know, this has been with us now for years. there is irrefutable evidence that's been shown to regulators about this very thing, right? scam and b,
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elation and the it comes down to spoofing. and i guess once again, last reviews, both bank for those who still believe that these markets are freely traded. greg, the 1st thing people understand is i think they put it this way. the main guide is put in guidance so far as got a man, michael know back. who's the head of precious metals training for j. p. morgan, but he's also on the board of the l. b. m a in london. ok, that's right there. explain to you how this stuff is hand in glove. the physical market which most of it is an allocated metal is in london. but the bank that's her bank have to flow gold and silver to around the planet. well, they know where the bids are. ok, and again the price is set not by spot but by futures. and so they work hand in glove with their trading desk in new york to massage the co max price, the futures price, so the orders don't get hit orders, get canceled the physical side. that's how all these pieces fit together. max,
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people think it's just some road traders were maybe sometimes just a bad, not their bonus for but this is all part of the process of managing the price by these banks. and it continues to this day to think that some fines have been paid. what a j. p. morgan by 900. $20000000.00 where their precious metals boy and banking business may class. you're a 1000000000. just a slap on the wrist is still continues and i give you one more thing, max, back in the day when we 1st met, when i was just getting started, males report, we're in the, you know, silver spiking in the y silver crash ab morgan. i had a guy e mail me anonymously and, and then he was credible enough that i always put some stock in it. and he said he was a former bear stearns trader, and it, and he just had a whole bunch of things the list now to don't ever tell anybody. i said there's, well, whatever it is, 12 years later he said, listen, i read your site. there are all kinds of people that, that you mention,
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and that your readers mention that they respect in the gold industry that are plants name names and i'm not going to name names, but they are controlled opposition. they are put out there to support a narrative that just kind of forces everybody to look away. make sure you know it's not manipulated. fremont. what way? how can you say that while the sky is not blue max? no, no, it's red way. i can see it, it is blue there. so i was falling back on the position. maybe that guys. right. right. it's all basically propaganda and to play the price discoveries non existent . we got to go. craig, thanks so much for being our guys. a report who is the best to visit with you max, jake here. all right, that's going to do it for this edition of kaiser report with re max guys or stacy herbert want to thank our gas, craig campy of df metals report dot com until next time by the me. ah
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ah gemini, we're a long steady find that the the bio mass of fly in say the weight of flying insects fell by 76 percent in the last 26 years. so instead of just becoming much, much less common, which means all the jobs that they do are not being done anymore. and that, that is the real danger. and that's what's going to impact on the know what was, what was the and by that can mother can while we're on by now, i know i should know moment the age and illegal mon,
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none of us on labels like one of them. and that will allow, you know, but if i do an initiation on a number from the, from the community out there are small lot of people but no, no, i mean, i mean i saw it and it went out on my in my name is the the me.

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