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s. and in labor, in the u. s. rather than in cheap labor overseas and in training or, god forbid the companies could have tried to somewhat less aggressively dodge u. s. income taxes and pay a little bit more given that the u. s. government deficit has been horrendous. for years and has become more horrendous with a corporate tax get of 2017 and has become a lot more horrendous, starting a march 2020 with a pandemic. but as he points out, they've been borrowing heavily and stead further destabilizing the system. further enabling the fed to justify their money printing. and lo and behold, the cycle continues, right? assay, ideology, to, to justify the money printing. let's be clear. the $5000000.00 used to buy back stock by warren buffett and others was money that was gifted to them from the central bank at 0 percent interested. in some cases, a negative interest rate. they were paid to borrow money, as you saw in europe, with di elvia made buying tiffany for money that the european central bank gifted them on top
s. and in labor, in the u. s. rather than in cheap labor overseas and in training or, god forbid the companies could have tried to somewhat less aggressively dodge u. s. income taxes and pay a little bit more given that the u. s. government deficit has been horrendous. for years and has become more horrendous with a corporate tax get of 2017 and has become a lot more horrendous, starting a march 2020 with a pandemic. but as he points out, they've been borrowing heavily and stead further...
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s. were to introduce 100 year bonds, or 200 year bonds, that's not going to solve it. negative interest rates are not going to solve it. this is now pretty much heading toward a real catastrophe. yeah, and again, one analogy we've made in the past is the cargo called the cargo. carl was in the south pacific islands who were suddenly confronted by the advanced japanese army, the air force, and then the u. s. air force. and they saw all these planes arrive and they delivered food and brought all these things right. and then once the army is left, they thought that the signaling for the plane would delay for all those goods again . and that's what we have with the fed is like, we have some sort of memory of pre $9071.00 gold standard wealth creation we, we remember manufacturing. remember, when we had all that wealth creation, we had wealth, and the wealthy people and wealth, the wealth was measured and money. so if we just print more of this money, a things will suddenly emerge out appear,
s. were to introduce 100 year bonds, or 200 year bonds, that's not going to solve it. negative interest rates are not going to solve it. this is now pretty much heading toward a real catastrophe. yeah, and again, one analogy we've made in the past is the cargo called the cargo. carl was in the south pacific islands who were suddenly confronted by the advanced japanese army, the air force, and then the u. s. air force. and they saw all these planes arrive and they delivered food and brought all...
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s. needed to modernize how sanctions are deployed. so that they remained an effective national security tool, basically a big coin forces diplomacy, right? because if you are the only nation on the world with one nuclear bomb that you can kill everybody else, there's no mutually assured destruction in that situation, right? so everybody abides by what they obey whatever you command. so we have mutually assured destruction in the nuclear weapons programs around the world. so that's why we have fewer wars between great powers. but here we've had the, the sole superpower in terms of the fee at currency, the settlement layer. and now bit coin makes that so that they have to go to the negotiating table. they have to deal because sanctions no longer work, right? mutually assured destruction of the atomic weapons is an example of game theory in action with kinetic weaponry. we've never had it in finance before. and now we deal with big coin and we see the game theory kicking in the game theory
s. needed to modernize how sanctions are deployed. so that they remained an effective national security tool, basically a big coin forces diplomacy, right? because if you are the only nation on the world with one nuclear bomb that you can kill everybody else, there's no mutually assured destruction in that situation, right? so everybody abides by what they obey whatever you command. so we have mutually assured destruction in the nuclear weapons programs around the world. so that's why we have...
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s. housing market back in 2008, 2009. but he recently had said that warrant of hyperinflation and looked at out weimar, germany as an example. well now jack dorsey, you know, last weekend as while while we were suffering from hyper shrink lation, he was, he must have seen my tweet because that's what he inspired him to tweet. hyper inflation is going to change everything. it's happening that triggered many people. yeah, i did because these words, inflation deflation, dis, inflation shrink. lation are all kind of misunderstood and misused. now, to be clear, hyperinflation is a political act. it's in words, inflation as of more of a monetary fact. so, hyperinflation is when loss in the currency evaporates. so in venezuela or in y mart, germany, or in iran, confidence in that theat money disappears and literally plunges. we're seeing it in turkey as well. the u. s. of course, having the world reserve currency, you would think as a man to hyperinflation. but they have done such a poor job over at the central bank of the treas
s. housing market back in 2008, 2009. but he recently had said that warrant of hyperinflation and looked at out weimar, germany as an example. well now jack dorsey, you know, last weekend as while while we were suffering from hyper shrink lation, he was, he must have seen my tweet because that's what he inspired him to tweet. hyper inflation is going to change everything. it's happening that triggered many people. yeah, i did because these words, inflation deflation, dis, inflation shrink....
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s. senate for ratification. the constitution requires all foreign treaties to be ratified by the united states senate and paris, paris clement. or was that the treaty because there was 0 binding commit. all you have to do is voluntarily and publicly commit to a, an emission reduction scheme. and then if you fail to do it, you're publicly shane by having other leaders, wagner fingers, that there's no sanctions or other financial or regulatory penalties for non compliance. and so, so we do have to understand that right now, these international commitments are really just sort of, you know, they're, they're not binding. and so in order for us to have really affective international means to address the climate crisis, i think we've got to put a lot more me on these international agreements. right. well, in the meantime, however, bitcoin is incentivizing stranded clean jail thermal energy to be captured in one of the poorest countries in the world el salvador. and they're converting it into hard money. what lessons c
s. senate for ratification. the constitution requires all foreign treaties to be ratified by the united states senate and paris, paris clement. or was that the treaty because there was 0 binding commit. all you have to do is voluntarily and publicly commit to a, an emission reduction scheme. and then if you fail to do it, you're publicly shane by having other leaders, wagner fingers, that there's no sanctions or other financial or regulatory penalties for non compliance. and so, so we do have...
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s. wealth than the top one percent middle class financial security has eroded and past decades saw their combined assets drop to 26.6 percent of national wealth. while the top one percent wealth jumped to a record 27 percent of total. so this pink line, there is the middle, 60 percent of americans, and as you see, their wealth has declined from near 40 percent down to just 26.6 percent. and that's the top one percent. and as you see, their wealth has climbed and climb can climb, the more the money printer goes, bird. this is during the financial crisis, the beginning of it. and you see that the money printing has definitely helped the top one percent the most. right. so it gives rise to the question about these crises and who's behind them. we had the subprime crisis that resulted in money printing to that made the top get richer. we have the cobra crisis, which has resulted in the top getting richer because of all the ma printer. we had a war and afghanistan go on for decades, which it
s. wealth than the top one percent middle class financial security has eroded and past decades saw their combined assets drop to 26.6 percent of national wealth. while the top one percent wealth jumped to a record 27 percent of total. so this pink line, there is the middle, 60 percent of americans, and as you see, their wealth has declined from near 40 percent down to just 26.6 percent. and that's the top one percent. and as you see, their wealth has climbed and climb can climb, the more the...
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s. and by extension the u. s. is financial system and so that means we're just taken arrows left and right and competence. and that fails that's. that's when you get for why more, right. even the charge of the, of the march in the weimar republic. yeah. got worse. and inflation got worse and evaluation person got worse, and then just those vertical at the end like a hockey stick. and that's when you lose confidence. and that man, that's there, no doubt. that's where we're headed and it just gets it. we're heading there faster and faster. because the exponential quality of this, you know, it, it just, it by did very definition. and it works that way. speaking of vertical death prices up 40 percent. that's a vertical move. is that a harbinger of things to come? you know, we tried to convince you this, the system of colleges, you know, they try to commissioner, 0, one offs in lumber, iron, or steel, and copper and natural gas. crude oil, is it seminary your highest? i mean, these are all a function of the central ban
s. and by extension the u. s. is financial system and so that means we're just taken arrows left and right and competence. and that fails that's. that's when you get for why more, right. even the charge of the, of the march in the weimar republic. yeah. got worse. and inflation got worse and evaluation person got worse, and then just those vertical at the end like a hockey stick. and that's when you lose confidence. and that man, that's there, no doubt. that's where we're headed and it just...
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s. which from goal to oil, to back its currency. and so j. gould fewer alive to day, he would be cornering the oil market to try to spur a commodities panic. buying to get offload his wheat. right, and remember, so the quote from him that i want to put into context of this new robber baron error, and definitely, especially since 2016 but it was already happening before then the hyper partisanship, the deep, deep abiding hatred between teams of red versus teams of blue and the other way around. remember he said i can hire one half of the working class to kill the other half. so he wasn't worried about finding workers for his, for overloads, because he said he gave find half to kill the other half. that's why he, they couldn't go on strike and demand more money from him, blah, blah, blah. so a headline out this past week. think this is from the hill shockey poll fights. many americans now want to secede from the united states. overall. 37 percent of respondents indicated a willingness to s
s. which from goal to oil, to back its currency. and so j. gould fewer alive to day, he would be cornering the oil market to try to spur a commodities panic. buying to get offload his wheat. right, and remember, so the quote from him that i want to put into context of this new robber baron error, and definitely, especially since 2016 but it was already happening before then the hyper partisanship, the deep, deep abiding hatred between teams of red versus teams of blue and the other way around....
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s. history, congress could shut it down, but doesn't want to even debate it. members of congress mostly belong to the top 10 percent, or hope to soon belong to it on their congressional salaries. of course, ha ha ha. and that's why this continues. the bottom, 50 percent, don't understand what the fed is doing to them. don't even know what the fed is and does, and they are too busy trying to survive in this economy that the fed has so powerfully rig against them. the fed is the modern tammany hall. look up. tammany hall. look a boss tweed. j pow boss. tweed. same thing. see it in the data. okay. yeah. so central bank are trying to get insight information. nancy pelosi, the barack of our age. all right. guys take a break. let me come back much more coming your way with 020 years ago the taliban were a different today or more violent than ever before. 20 years ago. the really kind of to stick with central press for so park place to they did not have none of whose principal at all except tha
s. history, congress could shut it down, but doesn't want to even debate it. members of congress mostly belong to the top 10 percent, or hope to soon belong to it on their congressional salaries. of course, ha ha ha. and that's why this continues. the bottom, 50 percent, don't understand what the fed is doing to them. don't even know what the fed is and does, and they are too busy trying to survive in this economy that the fed has so powerfully rig against them. the fed is the modern tammany...
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s. history. congress could shut it down, but doesn't want to even debate it. members of congress mostly belong to the top 10 percent or hope to soon belong to it on their congressional salaries. of course, ha ha ha. and that's why this continues the bottom 50 percent, don't understand what the fed is doing to them. don't even know what the fed is and does, and they are too busy trying to survive in this. a con me that the fed has so powerfully rigged against them. the fed is the modern tammany hall. so look of tammany hall look a boss tweed j pow boss tweed. same thing. see it on the data. okay . yeah, it's a banker is trying to get insight information nancy pelosi, they will barrack of our age. all right guys take a break. when we come back much more coming your way. ah ah, imagine picking up a future textbook on the early years of the 21st century water, the chapters cold, gun violence, school shootings, homelessness 1st, it was my job and then it was my family. didn't was my savings.
s. history. congress could shut it down, but doesn't want to even debate it. members of congress mostly belong to the top 10 percent or hope to soon belong to it on their congressional salaries. of course, ha ha ha. and that's why this continues the bottom 50 percent, don't understand what the fed is doing to them. don't even know what the fed is and does, and they are too busy trying to survive in this. a con me that the fed has so powerfully rigged against them. the fed is the modern tammany...
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s. history. congress could shut it down, but doesn't want to even debate it. members of congress mostly belong to the top 10 percent or hope to soon belong to it on their congressional salaries. of course, ha ha ha. and that's why this continues the bottom 50 percent, don't understand what the fed is doing to them. don't even know what the fed is and does, and they are too busy trying to survive in this economy that the fed has so powerfully rig against them. the fed is the modern tammany hall. look up, tammany hall look a boss tweed. j pow boss tweed. same thing, see it in the data. okay. yeah. so central bankers trying to get insight information, nancy pelosi, the barrick of our age. all right, guys take a break when we come back, much more coming your way with with with ah, fog back to the kaiser report on bass kaiser time now to go to sinclair. dinner of bit, mary, i'll of black people dot com and the block black block chain summit. sinclair, welcome back. oh, thank you. thank you. t
s. history. congress could shut it down, but doesn't want to even debate it. members of congress mostly belong to the top 10 percent or hope to soon belong to it on their congressional salaries. of course, ha ha ha. and that's why this continues the bottom 50 percent, don't understand what the fed is doing to them. don't even know what the fed is and does, and they are too busy trying to survive in this economy that the fed has so powerfully rig against them. the fed is the modern tammany hall....
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s. would follow the soviet union down into a collapse pretty much for the same reason over militarization. and with america as 6 or $700.00 military basis around the world, having just lost 2 african in afghanistan and leaving $85000000.00 worth of weapons behind. it seems like he's got a point. is a u. s. collapsing neck? yes, i think it's undeniable. the us is collapsing on yet. look at every metric where is it not collapsing? it's collapsing, geopolitically it's collapsing economically. it's collapsed collapsing. culturally it's collapsing socially in any kind of metric you look at and it's going in the wrong direction. clearly, you know, commodity prices are soaring. usually this is good for developing nations like our tina, which are big commodity exporters. what do you see in there? yeah, you know, look, it's a tug of war between the money printers here in argentina and rising commodity prices. i mean, you know, they are pretty, you know, as bad as the u. s. is and all the other co
s. would follow the soviet union down into a collapse pretty much for the same reason over militarization. and with america as 6 or $700.00 military basis around the world, having just lost 2 african in afghanistan and leaving $85000000.00 worth of weapons behind. it seems like he's got a point. is a u. s. collapsing neck? yes, i think it's undeniable. the us is collapsing on yet. look at every metric where is it not collapsing? it's collapsing, geopolitically it's collapsing economically. it's...
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s. dollar is about to completely evaporate. so purchasing power for that currency is about to crash down towards 0. and there will be a blame game going on, that it wasn't their own actions of excessive money printing. it wasn't their own actions of turning your money. the u. s. dollar was a world to reserve currency. it was a settlement layer. it was the world's money, based on us treasury's base layer money. they turned it from money, which is always fungible. money is fungible. they made it a non fungible token by pulling around off the swift system. therefore, it was no longer fungible. that meant it was, it was inevitably over at this moment, was coming from that, that day that you decided to win the battle by losing the war. that happened, yellen says, i don't think we're about to lose control of inflation. this came just like 36 hours after jack dorsey had triggered a huge conversation about hyperinflation. so janet young, the treasury, secretary of the united states in charge of maintaining the value of the currency. sh
s. dollar is about to completely evaporate. so purchasing power for that currency is about to crash down towards 0. and there will be a blame game going on, that it wasn't their own actions of excessive money printing. it wasn't their own actions of turning your money. the u. s. dollar was a world to reserve currency. it was a settlement layer. it was the world's money, based on us treasury's base layer money. they turned it from money, which is always fungible. money is fungible. they made it...
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s. over the past 15 years as increasingly turn to sanctions. that is to say cutting off the supply of dollars an access to the global sediment layer. biden just admitted, however, that big coin has made this a garage and impossible here thought, well, that's a great topic, max, and i'm seeing more mainstream, you know, corporate media coverage of the downside of trying to rely on the exorbitant privilege of the dollar as a way to pressure countries to do our bidding and of course, crypto currencies. of course we, we've discussed that in the past and there are a seismic shift in, in the system of money. and, and of course the system of money is the system of finance. and so the powers that be, are, are, are struggling with how to control crypto. and many of the people who are in the crypto world are attempting to figure out how to evade those controls. and so there's a real battle going on globally, which is playing out in real time. why would it be claire? when bitcoin 1st came on the scene in 2009, it did. so having successfully evaded any con
s. over the past 15 years as increasingly turn to sanctions. that is to say cutting off the supply of dollars an access to the global sediment layer. biden just admitted, however, that big coin has made this a garage and impossible here thought, well, that's a great topic, max, and i'm seeing more mainstream, you know, corporate media coverage of the downside of trying to rely on the exorbitant privilege of the dollar as a way to pressure countries to do our bidding and of course, crypto...
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s. use as bad policy and long arm justice sanctions. advocates have also questioned their effectiveness and quote, worried about undermining us global power and spurring the creation of alternative financial systems. and the use of crypto currency is beyond us reach, regardless of like war and all that sort of stuff. we pointed this out back in 2009, 2010. when obama took a ran off the swift system, we said alternative would emerge. the wall street journal, while the by the new ministration is now conceding that we were right. the kaiser report was right. 10 years ago. we got it right. yeah. and it also applies down to the level of fancy sanction or anti censorship for payments. and we saw that in the julia saw case in other cases where the payments companies like pay pal and visa master charge sensor transactions for political ends. and ab remove themselves from the neutrality. they should be just a facilitating payments. now they're being dis, intermediate as well. even peter teal, who
s. use as bad policy and long arm justice sanctions. advocates have also questioned their effectiveness and quote, worried about undermining us global power and spurring the creation of alternative financial systems. and the use of crypto currency is beyond us reach, regardless of like war and all that sort of stuff. we pointed this out back in 2009, 2010. when obama took a ran off the swift system, we said alternative would emerge. the wall street journal, while the by the new ministration is...
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s. president is proving a hit with music lovers. but not in the way he might have liked online hip hop charts have been topped by an anti biden tune, which mocks mainstream media, mishearing, and explosive, an expletive late enchant against america's leader. ah ah ah, ah, ah, this went everywhere because it was part and parcel with the theme of that particular chant being stated repeatedly at football games and other venues as well. thousands of people chanting ah, something of that particular nature. it, it does not bode well for, ah, president, bide. but it's now going to be heard over and over again. so the next time you see somebody with the microphone interviewing with someone regarding an event, you know, immediately you're going to here, let's go brandon. the reason is obvious, the worst. i perhaps the worst administration in the, in the history of this country. the afghan afghanistan debacle. ah. supply chain problems now. gasoline going to $56.00 a gallon. i mean, shall i go on a store more were allegedly enriching her fami
s. president is proving a hit with music lovers. but not in the way he might have liked online hip hop charts have been topped by an anti biden tune, which mocks mainstream media, mishearing, and explosive, an expletive late enchant against america's leader. ah ah ah, ah, ah, this went everywhere because it was part and parcel with the theme of that particular chant being stated repeatedly at football games and other venues as well. thousands of people chanting ah, something of that particular...
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s. vice president's attempt to interact with children to breathe. her image backfires in a nice, severe as it revealed it all the time is staged as to headlines for you and i'll say international up next states our documentary. hello and welcome to so if you go visionaries, me sophia shevardnadze. technology is promising to stave off old age, and scientists are working very hard to increase the sustainability of our organs, including the most vital one our heart. what has change? what is real and what's not? well, i talk to day to world renowned heart surgeon dr. leo buccheri a yan thanks. yup doctor no more katie, i'm so happy to see you and we haven't seen each other for such a long time. and so much has happened since i think i just like to discuss all the changes that have happened in the past. 10 years, including in your field of expertise, the sedition of historian mother to so yeah, i just can't seem to solve this puzzle question. good medical science and technology have advanced and methods of diagnoses are getting better of beauty. medicati
s. vice president's attempt to interact with children to breathe. her image backfires in a nice, severe as it revealed it all the time is staged as to headlines for you and i'll say international up next states our documentary. hello and welcome to so if you go visionaries, me sophia shevardnadze. technology is promising to stave off old age, and scientists are working very hard to increase the sustainability of our organs, including the most vital one our heart. what has change? what is real...
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s. based cyber security from bio catch, which provides anti fraud technologies to banks. and this person says, quote, the most sophisticated fraud tends to start in the united kingdom and then move 2 years later to the u. s. and then around the world, one thing in particular that they're showing in the united kingdom is that these fraudsters, there will set up a website that kind of mimics a well known entity and keep it running for years and communicate with some of the people they're gonna steal from defraud for months and months on end. and the a, they seem legitimate because you have an ongoing relationship with but with them by that they don't contact you with an email saying hi, i'm a prince. can you send me, you know, a $100000.00? they have a long standing relationship that they then say ok, how about this bond? you know, it's secure, the queen invest in this sort of thing like that sort of scam and that, but it takes months or years for them to even get to that point where they'
s. based cyber security from bio catch, which provides anti fraud technologies to banks. and this person says, quote, the most sophisticated fraud tends to start in the united kingdom and then move 2 years later to the u. s. and then around the world, one thing in particular that they're showing in the united kingdom is that these fraudsters, there will set up a website that kind of mimics a well known entity and keep it running for years and communicate with some of the people they're gonna...
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s. germany and korea. and as you see, it's gone way beyond anything even like the u. k which is heavily reliant on property prices. it's twice what the u. k has been and at the worst of time it, they went a little bit overboard in terms of, of, of how important property should be to an economy. yeah, the rules for applying me chinese version of the game monopoly are, are quite different. it's actually just open the board, put lighter fluid on the board and set it on fire. it doesn't last long, but it's an exciting game. but nevertheless, the reason for this is the banking system. so unlike about these other economies like the american economy or the british economy, where there is diversification, there is a technology space that is growing. there is different sectors that are vibrant and contributing to the economy in the chinese economy. it's, it's all about housing because that's what banks are comfortable lending against banks. chinese banks are not comfortable lending against entrep
s. germany and korea. and as you see, it's gone way beyond anything even like the u. k which is heavily reliant on property prices. it's twice what the u. k has been and at the worst of time it, they went a little bit overboard in terms of, of, of how important property should be to an economy. yeah, the rules for applying me chinese version of the game monopoly are, are quite different. it's actually just open the board, put lighter fluid on the board and set it on fire. it doesn't last long,...
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s. mcginnis is to pose all of our fomo, which is a word celebrity. now in the dictionary, you know, you look it up on google there. 50000000 hits. and then bobo, which unfortunately has not becomes famous, which is unfortunate because i think it's a bigger problem. photo stands for fear of a better option. it's the idea. so for you that, for example, you going to instagram or sorry, you go into amazon and say, you're trying to buy a pair of white shoe laces. and there are more than 1000 possible options. and they're all perfectly fine. but there's so much information, you just don't even know what to do. it's like overwhelming. and so you don't end up choosing anything because maybe you'll find something better later on. and so it's the, the, it's this idea that we are waiting for the perfect thing to come along and until it comes along, we're not going to decide. and so we just delay decision making and get stuck. all right. so it should just always pick an option quicker and be more decisive. and if that means we don't always make the best choice f
s. mcginnis is to pose all of our fomo, which is a word celebrity. now in the dictionary, you know, you look it up on google there. 50000000 hits. and then bobo, which unfortunately has not becomes famous, which is unfortunate because i think it's a bigger problem. photo stands for fear of a better option. it's the idea. so for you that, for example, you going to instagram or sorry, you go into amazon and say, you're trying to buy a pair of white shoe laces. and there are more than 1000...