WEBVTT - Bitcoin - Revolution - Outlooks & Predictions

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<v Speaker 1>Hello, and welcome back to another episode of The Markma Show,

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<v Speaker 1>where we're talking about the decentralized revolution each and every week,

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<v Speaker 1>and we look at it through the lens of politics, finance,

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<v Speaker 1>and technologies. You can make uh context, you can have

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<v Speaker 1>better context to what's going on in the world today,

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<v Speaker 1>because a lot of times you look at pieces of

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<v Speaker 1>information and you just don't really understand them, and so

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<v Speaker 1>we're trying to try to change that. And so you know,

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<v Speaker 1>I want to bring to you some ways some different

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<v Speaker 1>perspectives to look at things, some of the latest breaking news,

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<v Speaker 1>and that's what we're gonna look at right now. I've

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<v Speaker 1>got a lot of big stories that have dropped down

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<v Speaker 1>this week that I want to cover, including what's going

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<v Speaker 1>on with bitcoin, cryptocurrencies and stable coins, UM, big big,

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<v Speaker 1>big movements in the regulations that are coming some big

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<v Speaker 1>heavy hands um that are coming down, some new legislation

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<v Speaker 1>pieces that have come down. We'll look at some of

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<v Speaker 1>the more of the F T X S B F drama.

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<v Speaker 1>A lot of drama happening there. I'm wanna look at

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<v Speaker 1>some of the what I call the revolution files, which is, uh,

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<v Speaker 1>the world is changing right now and it's being led

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<v Speaker 1>by one catalyst, and it's all being turned around. Truth

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<v Speaker 1>we're talking about that, we're looking at the economy, what's

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<v Speaker 1>gonna happen with the economy, And then I want to

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<v Speaker 1>give you what I I'm gonna give you my three

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<v Speaker 1>outlooks and predictions. So I got a lot to cover.

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<v Speaker 1>Let's go ahead and just jump right into it. Stick

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<v Speaker 1>with me here, and so right off the bat, let's

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<v Speaker 1>just start up talking about bitcoin and cryptocurrencies and stable

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<v Speaker 1>coins and laws and all of that kind of stuff.

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<v Speaker 1>And so what we've seen is that, you know, it's

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<v Speaker 1>been a bad year for cryptocurrency. It's been a bad

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<v Speaker 1>year for bitcoin. Bitcoin is down, you know, six from

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<v Speaker 1>its peak back in November of two thoe. So over

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<v Speaker 1>a year of downward directions. Been a tough year if

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<v Speaker 1>you're a bitcoin or if you're if you're a cryptocurrency advocate.

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<v Speaker 1>But have we found the bottom now? I've been talking

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<v Speaker 1>about the bottom for quite a while, very simply, very simply.

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<v Speaker 1>Markets stopped going up when there's no more buyers, and

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<v Speaker 1>markets stopped going down there's no more sellers. And so

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<v Speaker 1>we're trying to find the point of when have we

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<v Speaker 1>exhausted all the selling and we look through some telltale

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<v Speaker 1>signs I've been talking about um where I believe if

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<v Speaker 1>we've kind of found that bottom, we've exhausted that selling

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<v Speaker 1>for the last couple of couple of months, and I

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<v Speaker 1>think it's right here around this kind of sixteen to

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<v Speaker 1>eighteen thousand dollar price point, and we're continue to see

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<v Speaker 1>more and more and more details and more info that

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<v Speaker 1>show that. And so this week we saw that it

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<v Speaker 1>looks like the whales wells are people that buy big

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<v Speaker 1>amounts at a time, are starting to accumulate bitcoin. So

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<v Speaker 1>one thing that breaks bitcoin out from every other financial

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<v Speaker 1>asset is that it's an open source, open ledger, and

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<v Speaker 1>so we can see all of this data that we

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<v Speaker 1>would normally see. And what we can see is, as

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<v Speaker 1>I said, like bitcoin seems to be locked into this

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<v Speaker 1>like sixteen to eighteen thousand dollar price point, which is

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<v Speaker 1>pretty amazing considering how much more bad news continues to

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<v Speaker 1>come out. Ft X went down, you know, billions of

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<v Speaker 1>dollars are gone. Didn't seem to budge finance now could

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<v Speaker 1>potentially go down. What about gray scale bitcoin trust could

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<v Speaker 1>break apart? What about Genesis going down? And none of

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<v Speaker 1>this bad news seems to push the price down anymore.

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<v Speaker 1>As a matter of fact, the price has been so

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<v Speaker 1>stable bitcoin is to quickly people like, oh, bitcoin is

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<v Speaker 1>too volatile, and so it has been very volatile. But

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<v Speaker 1>bitcoin has been so stable that the volatility has been dropping.

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<v Speaker 1>As a matter of fact, the annualized one month realized

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<v Speaker 1>volacility fell to a two year low of thirty eight percent.

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<v Speaker 1>I think we talked about that last week. But what

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<v Speaker 1>we know is that bitcoin is volatile, and so we

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<v Speaker 1>shouldn't expect it to stay there for long. Which way

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<v Speaker 1>will it go? Well, what we can see from the

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<v Speaker 1>on chained data is, like I said, these big accounts,

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<v Speaker 1>these big wallets or or whales are accumulating. As a

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<v Speaker 1>matter of fact, they've been accumulating a lot. We've seen

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<v Speaker 1>large wallets have accumulated over four hundred thousand bitcoin almost

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<v Speaker 1>seven billion dollars worth a bitcoin at today's price um

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<v Speaker 1>since um since bitcoin hit about that eight eighteen thousand

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<v Speaker 1>dollar level um in November, and so they've been accumulated.

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<v Speaker 1>They're buying that up now. The reason why that's important

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<v Speaker 1>to understand is you're trying to find out where support

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<v Speaker 1>and resistance is. Like I said, markets stopped going down

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<v Speaker 1>when there's no more sellers, and so the selling seems

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<v Speaker 1>to have been exhausted, and now what we're seeing is

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<v Speaker 1>massive amounts of buying at that level, so that that

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<v Speaker 1>creates support, all right, and so let me let me

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<v Speaker 1>explain a little bit more over the last week, we

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<v Speaker 1>saw these um wallets just in the last week have

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<v Speaker 1>experienced an inflo of over seventy thousand bitcoin UM Around

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<v Speaker 1>a hundred and twenty thousand bitcoin was accumulated at the

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<v Speaker 1>sixteen thousand dollar level. And the reason why that's important

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<v Speaker 1>understand is that seems to be an area that's very,

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<v Speaker 1>very aggressively defended. So if the price dips down below

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<v Speaker 1>seventeen thousand, lots of buying comes back out to keep

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<v Speaker 1>it back up to that level. And the reason why

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<v Speaker 1>that's important is that we would then maybe say, well,

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<v Speaker 1>that's kind of set a floor. Maybe it can't drop

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<v Speaker 1>down below because who's going to sell Their sellers have

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<v Speaker 1>been exhausted, But we have lots of people that want

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<v Speaker 1>to buy if it gets down to that price point.

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<v Speaker 1>And so it looks like we might have found the

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<v Speaker 1>ba him and things are turning around, which is important

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<v Speaker 1>for bitcoin and the cryptocurrency space UM, and like I said,

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<v Speaker 1>it's been a tough year, right because of all of

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<v Speaker 1>the chaos that's happened with these these big exchanges going down,

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<v Speaker 1>and with these big exchanges like f t X, all

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<v Speaker 1>the fraud, all the money has been lost. We have

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<v Speaker 1>a lot of new regulations now. A lot of times

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<v Speaker 1>and I made a video talking about could f t

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<v Speaker 1>X have been like some sort of a psy op

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<v Speaker 1>And a lot of times we can see that they

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<v Speaker 1>may use these types of things UM to garner public

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<v Speaker 1>support where the public is now begging please give us regulations.

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<v Speaker 1>We need you to protect us. And so UM we're

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<v Speaker 1>keeping an eye on what's happening because these regulations are

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<v Speaker 1>going to dramatically shift and change the face of of

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<v Speaker 1>bitcoin and cryptocurrency. Now we have maybe one of the

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<v Speaker 1>most pro bitcoin, pro crypto U S Senators UM, Senator

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<v Speaker 1>Pat Toomey is retiring and so he's been a pro

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<v Speaker 1>he's been an advocate for a bitcoin pitocurrencies, and now

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<v Speaker 1>he's retiring. So that's a little bit of a bummer.

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<v Speaker 1>We need as many supporters as we can in government. However,

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<v Speaker 1>he's leaving us with a final gift, and that final

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<v Speaker 1>gift is A is a bill that he that he's

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<v Speaker 1>introduced to guide UM stable coin legislation next year, and

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<v Speaker 1>he said, quote, I hope this framework lays the groundwork

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<v Speaker 1>for my colleagues to pass legislation next year safeguarding customer

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<v Speaker 1>funds without inhibiting innovation. And so that's the thing. It's like,

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<v Speaker 1>you start putting laws into place on this brand new technology,

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<v Speaker 1>then all of a sudden, it starts to change the

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<v Speaker 1>direction or limit the direction or limit the growth that

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<v Speaker 1>its potential. And so what he's saying is, look, we're

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<v Speaker 1>hoping that this safeguards customers but doesn't limit innovation. And

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<v Speaker 1>so that's, oh, that's that's the right approach. Now, UM

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<v Speaker 1>for no regulations, I think I should be free to

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<v Speaker 1>protect myself. But if they're going to do something, they

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<v Speaker 1>should try to do uh as little as harm as possible. Right,

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<v Speaker 1>how can we protect but without hurting it? And so

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<v Speaker 1>that's where that's where he's he's kind of been at.

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<v Speaker 1>But what he's really been talking about is these stable

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<v Speaker 1>coin transactions. UM. The bill that he introduced would retain

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<v Speaker 1>privacy for stable coin transactions. Of course, losing our privacy

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<v Speaker 1>as the single greatest threat that we have and so

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<v Speaker 1>that this bill retains privacy for that. It sets up

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<v Speaker 1>the controller currency UM as a way to license companies

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<v Speaker 1>issuing UM payments on stable coins. This is a big

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<v Speaker 1>piece of innovation. We're open to get where we could

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<v Speaker 1>actually use stable coins for payment transactions, you know, in

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<v Speaker 1>Starbucks or wealth Starbucks or McDonald's or whatever it may be.

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<v Speaker 1>It also lets non bake entities issue tokens, and it

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<v Speaker 1>also clarifies UM the stable coin issuers that don't offer

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<v Speaker 1>interest wouldn't have to worry about securities laws. It's a

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<v Speaker 1>big piece, right, This is the right. This is the

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<v Speaker 1>clarity that people are looking for UM, and so that's

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<v Speaker 1>that's big. It would also require digital tokens to maintain

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<v Speaker 1>a steady value by pegging to an asset such as

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<v Speaker 1>the dollar. I'm sorry. It would require that digital tokens

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<v Speaker 1>that do UM hold a steady value peg to and

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<v Speaker 1>ask it like a dollar. They have to be fully

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<v Speaker 1>backed by reserves. What a great idea. So it's supposed

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<v Speaker 1>to be a stable coin. It is supposed to be

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<v Speaker 1>pegged one to one to the dollar. That I give

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<v Speaker 1>you a dollar, you give me a token back, and

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<v Speaker 1>in the point I should give you the token to

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<v Speaker 1>give you my dollar back, So that means you should

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<v Speaker 1>hold on to the dollar. So whenever I'm ready to

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<v Speaker 1>get my dollar back, you give it to me. And

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<v Speaker 1>that's what he's saying, and wow, what a what an idea,

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<v Speaker 1>what an innovation. UM And his new legislation is pointedly

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<v Speaker 1>meant to keep the Federal Reserve away from this sector.

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<v Speaker 1>This is the big thing, the danger of CBDCs. We've

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<v Speaker 1>talked about this, and so this legislation is aimed to

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<v Speaker 1>keep the FED away from this sector. UM and what

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<v Speaker 1>he calls a potential conflict of interest if the FED

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<v Speaker 1>is authorized to create a digital dollar in the future,

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<v Speaker 1>because the FED isn't legally constitutionally able to create money.

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<v Speaker 1>That's up to the government, that's up to the Treasury,

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<v Speaker 1>the Treasury, and so the FED should not be able

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<v Speaker 1>to make digital dollars. They don't make money, they don't

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<v Speaker 1>make currency. The Treasury does, as this law prohibits them

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<v Speaker 1>from doing that. If you're just tuning in you're listening

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<v Speaker 1>to the Mark Moa show, we're talking about some of

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<v Speaker 1>the latest breaking news happening in the in the UH

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<v Speaker 1>bitcoin digital cryptocurrency market. As we map out the decentralized revolution.

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<v Speaker 1>I got a lot more to come. When I come back,

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<v Speaker 1>I gotta take a quick break. We're gonna talk about

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<v Speaker 1>some of the SPF F t X drama, some of

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<v Speaker 1>these big revolutions that are happening in freedom of speech,

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<v Speaker 1>that and more. I'll be right back. Hello, and welcome

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<v Speaker 1>back to another episode of the Markma Show, where we're

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<v Speaker 1>talking about the decentralized revolution each and every week. Of course,

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<v Speaker 1>as we look at it through the lens of politics, finance,

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<v Speaker 1>and technology, and the technology being bitcoin and the decentralized

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<v Speaker 1>technology that's bringing us and there's so much going on

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<v Speaker 1>everywhere you look. Now, Like I said, we're talking about

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<v Speaker 1>the decentralized revolution, the way the world is changing. One

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<v Speaker 1>of the things that's rapidly changing, of course as we

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<v Speaker 1>look at it through politics and finance and technology together

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<v Speaker 1>is the way that uh, freedom of speech has been

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<v Speaker 1>controlled and censored and managed and so forth. And this

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<v Speaker 1>is a really big deal. Now we've talked about the

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<v Speaker 1>threat that central bank digital currencies posed because they censor

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<v Speaker 1>our ability to communicate value but with money, but sensoring

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<v Speaker 1>our speech like on on social media platforms also censors

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<v Speaker 1>our communication but with words. Now, I believe that, you know,

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<v Speaker 1>the Bible says that truth self sets you free. I

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<v Speaker 1>believe that the truth will always be found if we're

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<v Speaker 1>able to have open, honest dialogue, intelligent dialogue. The truth

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<v Speaker 1>is found. If somebody says something stupid, something cookie, something weird,

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<v Speaker 1>some misinformation, so to speak, it's very quickly found out

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<v Speaker 1>if we're allowed to have open dialogue about it. Right,

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<v Speaker 1>A lot of times I might see something being posted

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<v Speaker 1>on Twitter and I'm like, oh, that's so good. I

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<v Speaker 1>didn't think about that, and then I go read comments

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<v Speaker 1>and I'm like, oh, wait a minute, this guy is

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<v Speaker 1>wrong because this is bright dadada. And so it's it's that,

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<v Speaker 1>it's that conversation. It is that dialogue that allows us

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<v Speaker 1>to understand what the truth is, not through censorship, not

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<v Speaker 1>through having one voice telling us that's the opposite, that's

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<v Speaker 1>the opposite. And the reason why it's important is because

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<v Speaker 1>in order for the centralization of the world, as I

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<v Speaker 1>argue that the world has been swinging towards centralization and

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<v Speaker 1>now swinging back towards decentralization, and in order to control

0:11:29.520 --> 0:11:32.280
<v Speaker 1>the world and have that centralized power, you have to

0:11:32.400 --> 0:11:37.120
<v Speaker 1>control the narrative. You have to control the speech, and

0:11:37.120 --> 0:11:39.760
<v Speaker 1>so of course they've been trying to do that. Now, Um,

0:11:39.880 --> 0:11:43.720
<v Speaker 1>we have seen how the FBI and the government, it's

0:11:43.760 --> 0:11:47.880
<v Speaker 1>now completely out in the open. They've been manipulating all

0:11:47.960 --> 0:11:51.040
<v Speaker 1>social media platforms to make sure we don't see things

0:11:51.040 --> 0:11:53.080
<v Speaker 1>they don't want us to see, make sure we only

0:11:53.080 --> 0:11:54.440
<v Speaker 1>see things they do want us to see. It more

0:11:54.480 --> 0:11:57.520
<v Speaker 1>importantly that we only hear the narrative they wants to hear,

0:11:57.559 --> 0:12:00.040
<v Speaker 1>and even more importantly that we're not able to you

0:12:00.160 --> 0:12:05.360
<v Speaker 1>have dialogue, open honest dialogue about these issues. Now, that

0:12:05.440 --> 0:12:10.240
<v Speaker 1>doesn't prom They say it's to protect democracy. Um, democracy,

0:12:10.280 --> 0:12:11.920
<v Speaker 1>which is a funny word. First of all, the United

0:12:11.920 --> 0:12:14.360
<v Speaker 1>States isn't a democracy. The United States is a republic.

0:12:14.600 --> 0:12:16.679
<v Speaker 1>They want you to think it's a democracy, because if

0:12:16.720 --> 0:12:18.600
<v Speaker 1>they can get you to think it's a democracy, then

0:12:18.640 --> 0:12:22.520
<v Speaker 1>they control it better. But it's not. It's a republic. However,

0:12:22.559 --> 0:12:25.800
<v Speaker 1>if we just take democracy as it is, Um, democracy

0:12:25.920 --> 0:12:28.680
<v Speaker 1>is what mob rule, right, it's what the people want.

0:12:29.320 --> 0:12:31.200
<v Speaker 1>And so how do you know what the people want

0:12:31.200 --> 0:12:34.320
<v Speaker 1>if the people aren't able to voice their opinion. And

0:12:34.440 --> 0:12:36.960
<v Speaker 1>so when they say we need to censor these platforms

0:12:37.000 --> 0:12:41.479
<v Speaker 1>to save democracy, no democracy would be hearing what everybody

0:12:41.600 --> 0:12:45.160
<v Speaker 1>has to say and what the majority of the people want.

0:12:45.559 --> 0:12:48.959
<v Speaker 1>So you can't say, well, you know the majority wants

0:12:49.200 --> 0:12:52.040
<v Speaker 1>maga Republicans, and so that's a threat to our democracy.

0:12:52.080 --> 0:12:53.880
<v Speaker 1>Well know, if that's what the majority wants, that is

0:12:53.920 --> 0:12:57.640
<v Speaker 1>the democracy. So it's just backwards. But we know that

0:12:57.679 --> 0:13:01.839
<v Speaker 1>they've been actively censoring. And so finally all these Twitter

0:13:01.880 --> 0:13:04.679
<v Speaker 1>files have been coming out. Elon Musk bought Twitter. He

0:13:04.720 --> 0:13:07.000
<v Speaker 1>said it's the most important platform in the world because

0:13:07.000 --> 0:13:09.200
<v Speaker 1>that's the town squares with the conversation has happened. He

0:13:09.240 --> 0:13:12.360
<v Speaker 1>believes in the importance of free speech. Look, humans can speak,

0:13:12.400 --> 0:13:15.959
<v Speaker 1>animals can't. That's what separates us, all right, the that's

0:13:16.000 --> 0:13:18.280
<v Speaker 1>what separates We should embrace that we should all be speaking.

0:13:18.320 --> 0:13:20.160
<v Speaker 1>And so he boughties, opened this up. And what he

0:13:20.200 --> 0:13:22.120
<v Speaker 1>did is he went and pulled all the documents and

0:13:22.120 --> 0:13:24.360
<v Speaker 1>he's been releasing them. We've covered some of this last week,

0:13:24.920 --> 0:13:27.000
<v Speaker 1>and he get he's been giving them some big name

0:13:27.000 --> 0:13:29.240
<v Speaker 1>reporters they can kind of release them and go through them.

0:13:29.400 --> 0:13:32.560
<v Speaker 1>And what we saw is actual emails and actual text

0:13:32.600 --> 0:13:37.000
<v Speaker 1>messages from the government to Twitter staff saying shut these

0:13:37.000 --> 0:13:39.600
<v Speaker 1>people down, sense of these people, change these stories kill

0:13:39.679 --> 0:13:42.640
<v Speaker 1>these stories, promote these stories, etcetera, etcetera, etcetera. And this

0:13:42.679 --> 0:13:45.320
<v Speaker 1>has been swirling around, swirling around, swirling around. Now when

0:13:45.320 --> 0:13:48.040
<v Speaker 1>they censer free speech, it leads to massive speculation, and

0:13:48.080 --> 0:13:51.120
<v Speaker 1>no mainstream media outlets will cover this except Fox has

0:13:51.160 --> 0:13:55.920
<v Speaker 1>covered its them. Now, um, now you know whatever speculations

0:13:56.000 --> 0:13:59.520
<v Speaker 1>run wild supposedly, now there's all this, uh, you know, conspiracy.

0:13:59.600 --> 0:14:02.440
<v Speaker 1>The f I was trying to cover things up, and

0:14:02.520 --> 0:14:07.120
<v Speaker 1>to stop that, the FBI decided to be transparent. The

0:14:07.160 --> 0:14:10.760
<v Speaker 1>FBI decided to respond to the evidence from the Twitter

0:14:10.800 --> 0:14:15.520
<v Speaker 1>files suggesting that the FBI covered up the Hunter Biden

0:14:15.600 --> 0:14:20.280
<v Speaker 1>laptop story. And the FBI waged a disinformation campaign to

0:14:20.440 --> 0:14:23.800
<v Speaker 1>persuade new news organizations and social media platforms and Twitter

0:14:23.840 --> 0:14:27.480
<v Speaker 1>and Facebook and voters that the Hunter Biden laptop was

0:14:27.520 --> 0:14:31.400
<v Speaker 1>a product of Russian hack and leak. Now we have

0:14:31.560 --> 0:14:34.960
<v Speaker 1>correspondence between FBI and Twitter showing all these examples of

0:14:34.960 --> 0:14:39.040
<v Speaker 1>this stuff happening. So the FBI had to finally address it,

0:14:39.120 --> 0:14:42.120
<v Speaker 1>and they said, you won't believe it. They said, it

0:14:42.240 --> 0:14:46.240
<v Speaker 1>is unfortunate that conspiracy theorists and others are feeding the

0:14:46.280 --> 0:14:50.720
<v Speaker 1>American public misinformation with the sole purpose of attempting to

0:14:50.920 --> 0:14:54.680
<v Speaker 1>discredit the agency. That's what they said. But then they

0:14:54.720 --> 0:14:58.000
<v Speaker 1>went on, but then they went on to say, it's

0:14:58.040 --> 0:15:00.640
<v Speaker 1>it's it's not it's not some big con piracy. What

0:15:00.680 --> 0:15:04.520
<v Speaker 1>are you guys talking about. This isn't a conspiracy. Of course,

0:15:04.560 --> 0:15:08.640
<v Speaker 1>we do this. We do it all the time. We

0:15:08.880 --> 0:15:12.520
<v Speaker 1>intervene in all the platforms and and give them all

0:15:12.560 --> 0:15:14.600
<v Speaker 1>this information and ask them to change all this information.

0:15:14.640 --> 0:15:16.800
<v Speaker 1>But we do it to protect them. We do it

0:15:16.800 --> 0:15:19.239
<v Speaker 1>to protect the platforms because we don't want them spreading misinformation.

0:15:19.280 --> 0:15:22.840
<v Speaker 1>We don't to protect the people. So everyone's getting all

0:15:22.840 --> 0:15:25.600
<v Speaker 1>worked out that the that the that the government in

0:15:25.640 --> 0:15:31.360
<v Speaker 1>their intelligence communities are actively working against the constitutional rights

0:15:31.400 --> 0:15:35.840
<v Speaker 1>of the people. Um. And they come out and say, yeah,

0:15:35.920 --> 0:15:38.760
<v Speaker 1>you're right, we actually do that. We actually do and

0:15:38.800 --> 0:15:42.680
<v Speaker 1>so what um it says here quote I'm gonna read

0:15:42.680 --> 0:15:44.920
<v Speaker 1>it directly from them. The correspondence between the FBI and

0:15:44.920 --> 0:15:49.640
<v Speaker 1>Twitter show nothing more than examples of our tradition, longstanding

0:15:49.680 --> 0:15:53.400
<v Speaker 1>and ongoing federal government and private sector engagements which involved

0:15:53.480 --> 0:15:57.840
<v Speaker 1>numerous companies over multiple sectors in the industries. So basically,

0:15:58.000 --> 0:16:01.120
<v Speaker 1>you think it's bad with Twitter, we do it with everybody.

0:16:01.600 --> 0:16:05.240
<v Speaker 1>You're worked up that we're actively subverting the will and

0:16:05.280 --> 0:16:07.640
<v Speaker 1>working against the constitution of the people on Twitter, Well,

0:16:08.320 --> 0:16:10.160
<v Speaker 1>we got news for you. We do with everybody, he said.

0:16:10.160 --> 0:16:13.520
<v Speaker 1>They said here in numerous companies, over multiple sectors and industries,

0:16:14.720 --> 0:16:17.960
<v Speaker 1>continued quote. As evidenced in the correspondence, the FBI provides

0:16:17.960 --> 0:16:20.360
<v Speaker 1>critical information to the private sector and an effort to

0:16:20.360 --> 0:16:25.200
<v Speaker 1>allow them to protect themselves and their customers. Um. So

0:16:25.400 --> 0:16:29.400
<v Speaker 1>like um actively lying, so they protect us by lines

0:16:29.440 --> 0:16:32.600
<v Speaker 1>sort of like when Fauci said that there's absolutely no

0:16:32.640 --> 0:16:35.360
<v Speaker 1>reason to wear masks. They do absolutely nothing, and then

0:16:35.440 --> 0:16:36.600
<v Speaker 1>later he went on to say that we need to

0:16:36.600 --> 0:16:38.000
<v Speaker 1>wear masks, and he said, well, the reason why I

0:16:38.040 --> 0:16:40.040
<v Speaker 1>lied before is I was trying to protect the people

0:16:40.080 --> 0:16:42.360
<v Speaker 1>because you know, we were running short on supplies and

0:16:42.440 --> 0:16:44.400
<v Speaker 1>I didn't want them to go buy up everything, so

0:16:44.720 --> 0:16:47.760
<v Speaker 1>I lied. But it was for their best interest. That's

0:16:47.760 --> 0:16:53.040
<v Speaker 1>basically the FBI is saying, we do it again, Um,

0:16:53.240 --> 0:16:55.840
<v Speaker 1>in an effort to allow them to protect themselves. We

0:16:55.960 --> 0:17:01.720
<v Speaker 1>lie to protect themselves. Insane and insane. So um, yeah,

0:17:01.880 --> 0:17:04.439
<v Speaker 1>it's not a conspiracy. They like now they want to

0:17:04.440 --> 0:17:07.679
<v Speaker 1>tell you that this conspiracy theory as as a way

0:17:07.720 --> 0:17:11.040
<v Speaker 1>to discredit people, But there is such thing as conspiracy.

0:17:11.480 --> 0:17:15.119
<v Speaker 1>As a matter of fact, there's laws against conspiracy. As

0:17:15.119 --> 0:17:18.080
<v Speaker 1>a matter of fact. Sam Bankman, freed at f t X,

0:17:18.600 --> 0:17:23.440
<v Speaker 1>is charged with I believe six counts of conspiracy, which

0:17:23.480 --> 0:17:28.679
<v Speaker 1>actually could see him serving life behind bars. But that's

0:17:28.720 --> 0:17:32.159
<v Speaker 1>a whole another story. But just so you know that

0:17:32.720 --> 0:17:35.640
<v Speaker 1>the freedom of speech is changing the world. We're starting

0:17:35.640 --> 0:17:38.360
<v Speaker 1>to see all types of things coming out online, um

0:17:38.440 --> 0:17:42.760
<v Speaker 1>that are going to reshape this world because the truth

0:17:42.960 --> 0:17:45.639
<v Speaker 1>shall shet us free. And that's exactly what's happening. If

0:17:45.680 --> 0:17:47.280
<v Speaker 1>you're just tune in and listening to the markmas Show,

0:17:47.440 --> 0:17:50.120
<v Speaker 1>we're talking about the decentralized revolution, the way the world

0:17:50.200 --> 0:17:52.600
<v Speaker 1>is changing, and some of the ways it's changing is

0:17:52.600 --> 0:17:55.600
<v Speaker 1>of course, technology is allowing us to interact and share

0:17:55.600 --> 0:17:58.600
<v Speaker 1>information that we weren't able to before, and that will

0:17:58.640 --> 0:18:01.520
<v Speaker 1>reshape politics as well. I got a lot more to cover.

0:18:01.520 --> 0:18:03.239
<v Speaker 1>IM gonna talk about the economy, what's going on there

0:18:03.280 --> 0:18:05.159
<v Speaker 1>and my predictions for next year. Don't go away. I

0:18:05.160 --> 0:18:06.399
<v Speaker 1>want to be back with all that and more in

0:18:06.400 --> 0:18:08.879
<v Speaker 1>a minute. We're back, all right, Welcome back. If you

0:18:08.960 --> 0:18:10.720
<v Speaker 1>just tune in, you're listening to the Mark mo Show,

0:18:10.720 --> 0:18:13.400
<v Speaker 1>we're talking about the decentralized revolution, the way the world

0:18:13.440 --> 0:18:16.800
<v Speaker 1>is changing right before very eyes through the lens of politics, finance,

0:18:16.800 --> 0:18:19.640
<v Speaker 1>and technology. And we're ripping through some of the latest

0:18:19.680 --> 0:18:22.680
<v Speaker 1>breaking news this week that highlights it. It's the signposts

0:18:22.760 --> 0:18:25.240
<v Speaker 1>that show us that we're getting closer to this inevitable

0:18:25.240 --> 0:18:28.040
<v Speaker 1>outcome that's coming up and we can see it, like

0:18:28.080 --> 0:18:31.119
<v Speaker 1>I said, through the lens of politics, finance, and technology,

0:18:31.119 --> 0:18:32.520
<v Speaker 1>and I'd like to look at the convergence of those

0:18:32.880 --> 0:18:36.640
<v Speaker 1>and we have some big stories in politics and finance today.

0:18:36.720 --> 0:18:42.360
<v Speaker 1>And that is one of the most graririous bills that

0:18:42.520 --> 0:18:47.320
<v Speaker 1>I've ever seen. Rampaul calls an abomination, and I'm talking

0:18:47.320 --> 0:18:52.239
<v Speaker 1>about this week, Um, something called the Omnibus Bill. Now,

0:18:52.280 --> 0:18:57.200
<v Speaker 1>the Omnibus Bill is basically a hodgepodge where, um, they

0:18:57.280 --> 0:18:59.520
<v Speaker 1>just grab a whole bunch of crap, they stick it

0:18:59.520 --> 0:19:02.600
<v Speaker 1>all together, they try and cram it down, um so

0:19:02.680 --> 0:19:06.000
<v Speaker 1>quick and so fast before anybody has any time to

0:19:06.080 --> 0:19:07.879
<v Speaker 1>even take a look at it and even understand what

0:19:07.880 --> 0:19:11.080
<v Speaker 1>it is. Much less the American people talk about it

0:19:11.600 --> 0:19:15.440
<v Speaker 1>and maybe have a chance to like discuss it and

0:19:15.520 --> 0:19:21.120
<v Speaker 1>maybe talk to their represented elected representatives so they could

0:19:21.119 --> 0:19:24.760
<v Speaker 1>go make a proper vote right. Uh. Last I checked

0:19:24.760 --> 0:19:29.280
<v Speaker 1>to the United States is a republic where we elect

0:19:29.760 --> 0:19:34.760
<v Speaker 1>representatives to go to Washington to represent our best interests.

0:19:35.119 --> 0:19:37.639
<v Speaker 1>And so if those representatives are there to vote in

0:19:37.760 --> 0:19:40.920
<v Speaker 1>our best interests, we should have a chance to voice

0:19:41.000 --> 0:19:43.679
<v Speaker 1>what our interests are to them through phone calls and

0:19:43.720 --> 0:19:47.080
<v Speaker 1>emails and letters and so forth. And so it would

0:19:47.119 --> 0:19:50.120
<v Speaker 1>make sense that if they're going to pass some enormous

0:19:50.119 --> 0:19:53.720
<v Speaker 1>like the biggest bill ever, it makes sense that it

0:19:53.760 --> 0:19:57.600
<v Speaker 1>should follow like a process that allows our representatives to

0:19:57.680 --> 0:20:00.639
<v Speaker 1>read it and understand it and get the will of

0:20:00.680 --> 0:20:02.760
<v Speaker 1>their people. But of course that's not what they want.

0:20:03.520 --> 0:20:06.400
<v Speaker 1>Of course, they want to subvert the will. Of course

0:20:06.400 --> 0:20:08.600
<v Speaker 1>they want to cram this through so they can get

0:20:08.640 --> 0:20:11.960
<v Speaker 1>all of their buddies paid and and and stuff their

0:20:11.960 --> 0:20:13.919
<v Speaker 1>pockets full. And that's exactly what's happening. So that's what

0:20:13.960 --> 0:20:16.680
<v Speaker 1>this omnibus bill is. It's an abomination. I want to

0:20:16.720 --> 0:20:18.760
<v Speaker 1>I want to break it down a little bit for you. Uh,

0:20:18.800 --> 0:20:22.480
<v Speaker 1>if you haven't heard, it's one point seven trillion dollars

0:20:22.880 --> 0:20:24.520
<v Speaker 1>at a time when we've printed way too much money

0:20:24.560 --> 0:20:26.719
<v Speaker 1>and inflation is way too high, we have way too

0:20:26.800 --> 0:20:29.680
<v Speaker 1>much debt, thirty one trillion dollars of debt. Uh, we're loot.

0:20:29.760 --> 0:20:32.720
<v Speaker 1>We're adding another trillion dollars or so of debt per year.

0:20:33.520 --> 0:20:36.159
<v Speaker 1>But what the heck? What's one point seven trillion dollars more?

0:20:36.160 --> 0:20:38.639
<v Speaker 1>Now to put this into perspective for you, Um, that's

0:20:38.720 --> 0:20:41.040
<v Speaker 1>more than double the amount of money that was needed

0:20:41.040 --> 0:20:44.000
<v Speaker 1>to save the entire global financial system in two thousand eight.

0:20:44.600 --> 0:20:48.240
<v Speaker 1>The bills over four thousand pages four thousand one pages long,

0:20:48.640 --> 0:20:50.880
<v Speaker 1>and no one can read it for a couple of reasons. One,

0:20:51.359 --> 0:20:54.480
<v Speaker 1>just to read it, you would have to read two

0:20:54.480 --> 0:20:58.360
<v Speaker 1>pages per hour, I'm sorry, two pages per minute, which

0:20:58.400 --> 0:21:01.399
<v Speaker 1>is impossible to do. Um. And you'd have to do

0:21:01.440 --> 0:21:06.480
<v Speaker 1>that for about thirty six hours straight without taking a break.

0:21:06.800 --> 0:21:09.359
<v Speaker 1>And if that wouldn't be hard enough already, the bill

0:21:09.480 --> 0:21:13.520
<v Speaker 1>was delivered at one thirty a m. In the middle

0:21:13.520 --> 0:21:20.160
<v Speaker 1>of the night and days before Christmas. So yeah, now

0:21:20.280 --> 0:21:23.239
<v Speaker 1>it's not like they didn't know about it and they

0:21:23.240 --> 0:21:25.560
<v Speaker 1>just got it done. No, no, no, This is supposed

0:21:25.600 --> 0:21:27.440
<v Speaker 1>to be a bill that goes in every year. It's

0:21:27.440 --> 0:21:29.160
<v Speaker 1>written in law. They were supposed to have it done

0:21:29.160 --> 0:21:31.840
<v Speaker 1>in September, so we're supposed to be done in September.

0:21:31.880 --> 0:21:34.040
<v Speaker 1>Why do they bring it in at one thirty am,

0:21:35.480 --> 0:21:39.760
<v Speaker 1>four thousand pages, days before um. It goes um days

0:21:39.760 --> 0:21:43.520
<v Speaker 1>before Christmas. And of course it's not a big surprise

0:21:43.960 --> 0:21:46.000
<v Speaker 1>because they want to cram this through without hearing the

0:21:46.000 --> 0:21:48.480
<v Speaker 1>will of the people, are having anybody have any ability

0:21:48.560 --> 0:21:52.520
<v Speaker 1>to say anything about it. Now, Luckily, we do have

0:21:52.680 --> 0:21:55.239
<v Speaker 1>a few good people left in government who are like,

0:21:55.320 --> 0:21:58.280
<v Speaker 1>this is insane, this is ridiculous, and there's no way

0:21:58.320 --> 0:22:01.320
<v Speaker 1>we're passing this. There's no way. One of those is

0:22:01.400 --> 0:22:06.080
<v Speaker 1>Rand Paul Um. He's doing that. But of course the Democrats,

0:22:06.119 --> 0:22:09.600
<v Speaker 1>they want to slam this through no matter what. As

0:22:09.640 --> 0:22:12.560
<v Speaker 1>a matter of fact. Uh, good old Schumer. He says

0:22:12.640 --> 0:22:15.840
<v Speaker 1>that we have to get this through for the good

0:22:15.920 --> 0:22:19.080
<v Speaker 1>of the American people. Now is this for the good

0:22:19.080 --> 0:22:22.440
<v Speaker 1>of the American people? I'm an American. I would rather

0:22:22.680 --> 0:22:26.160
<v Speaker 1>not go through. And I bet you that if everybody

0:22:26.200 --> 0:22:28.400
<v Speaker 1>else found out what was in that bill, I bet you,

0:22:29.760 --> 0:22:32.200
<v Speaker 1>I bet you. If you I'm gonna tell you a

0:22:32.200 --> 0:22:34.840
<v Speaker 1>couple of things that are I bet you, I bet you,

0:22:34.960 --> 0:22:37.200
<v Speaker 1>nine out of ten Americans would not want this bill

0:22:37.240 --> 0:22:38.720
<v Speaker 1>to go through if they knew what was in it.

0:22:39.840 --> 0:22:41.440
<v Speaker 1>But they're trying to They're trying to cram it through

0:22:41.480 --> 0:22:43.960
<v Speaker 1>their throats. Now we have this back and forth. The

0:22:44.000 --> 0:22:46.879
<v Speaker 1>Republicans passed try to try to trying to hold it up.

0:22:47.160 --> 0:22:51.240
<v Speaker 1>There's something called Title forty two, and now the Democrats

0:22:51.240 --> 0:22:53.800
<v Speaker 1>and Chuck Schumer are now trying to file this new

0:22:54.080 --> 0:22:56.040
<v Speaker 1>kind of amendment to that to try to to try

0:22:56.080 --> 0:22:57.800
<v Speaker 1>to force it through. They're trying to trying to trying

0:22:57.800 --> 0:23:00.480
<v Speaker 1>to get it through any way they can. And again,

0:23:00.760 --> 0:23:04.600
<v Speaker 1>all of this days before Christmas. So let's let's talk

0:23:04.600 --> 0:23:06.040
<v Speaker 1>about a couple of things that are inside of there.

0:23:06.240 --> 0:23:07.919
<v Speaker 1>Like I said, my guess is nine out of ten

0:23:08.000 --> 0:23:10.600
<v Speaker 1>people would not want this to go through. Right off

0:23:10.600 --> 0:23:13.239
<v Speaker 1>the bat, I don't want one point seven more one

0:23:13.240 --> 0:23:15.479
<v Speaker 1>point seven shillion dollars or more debt added to the

0:23:15.520 --> 0:23:17.240
<v Speaker 1>balance sheet that my kids and grandkids are gonna have

0:23:17.280 --> 0:23:19.200
<v Speaker 1>to pay. I don't want one one point seven shillion

0:23:19.200 --> 0:23:22.960
<v Speaker 1>dollars adding more towards inflation and lowering my cost of living.

0:23:23.040 --> 0:23:25.919
<v Speaker 1>I don't want that, do you? And I would guess no,

0:23:26.480 --> 0:23:28.159
<v Speaker 1>unless some of that money is going into your pocket,

0:23:28.160 --> 0:23:30.160
<v Speaker 1>which probably none of it is. Let's take a look

0:23:30.160 --> 0:23:32.080
<v Speaker 1>at some of this stuff. So a couple of things

0:23:32.160 --> 0:23:34.320
<v Speaker 1>here that are just insane. First, of all of the

0:23:34.320 --> 0:23:36.119
<v Speaker 1>one point seven trillion, half of it, or more than

0:23:36.119 --> 0:23:38.959
<v Speaker 1>half of an eight billion of it goes to the

0:23:38.960 --> 0:23:43.520
<v Speaker 1>Pentagon for more military spending the military industrial complex. Now,

0:23:43.840 --> 0:23:47.000
<v Speaker 1>just in case you didn't know, the U. S. Military

0:23:47.440 --> 0:23:53.880
<v Speaker 1>spends more money than the next ten countries combined combined.

0:23:54.160 --> 0:23:56.639
<v Speaker 1>So who are we at war with? And what's the threat?

0:23:56.880 --> 0:23:59.560
<v Speaker 1>Because we don't just spend more than the number two

0:24:00.160 --> 0:24:02.480
<v Speaker 1>or more than the number three. We spend more than two, three,

0:24:02.560 --> 0:24:07.119
<v Speaker 1>four or five six combined. But yet we need to

0:24:07.119 --> 0:24:09.719
<v Speaker 1>spend more. So ellion is going to go to the

0:24:09.800 --> 0:24:11.880
<v Speaker 1>Defense Department. Now I can't tell you where that money

0:24:11.920 --> 0:24:14.560
<v Speaker 1>is going to go because they don't even know. The

0:24:14.600 --> 0:24:17.440
<v Speaker 1>Pentagon continues to lose trillions of dollars every single year.

0:24:17.440 --> 0:24:19.600
<v Speaker 1>When I say lose, not like they spent more than

0:24:19.640 --> 0:24:21.520
<v Speaker 1>they brought in. I mean lose as in they don't

0:24:21.520 --> 0:24:24.440
<v Speaker 1>know where it goes. And of course they don't know

0:24:24.480 --> 0:24:26.320
<v Speaker 1>where it goes because it goes into all their pockets,

0:24:26.520 --> 0:24:27.840
<v Speaker 1>and of course they don't want to know. They they've

0:24:27.840 --> 0:24:30.760
<v Speaker 1>failed audit after audit after audit after audit. They said,

0:24:30.920 --> 0:24:34.240
<v Speaker 1>maybe they've never they've never passed on They said maybe

0:24:34.240 --> 0:24:35.840
<v Speaker 1>they'd be able to pass an audit in five years

0:24:35.840 --> 0:24:38.040
<v Speaker 1>from now, we'll see so half of it INTERF billion

0:24:38.080 --> 0:24:39.920
<v Speaker 1>goes to defense spending. We don't know where that goes,

0:24:40.119 --> 0:24:42.760
<v Speaker 1>some black box that just continues to make the military

0:24:42.800 --> 0:24:45.720
<v Speaker 1>industrial complex bigger. But then we have seven hundred seventy

0:24:45.720 --> 0:24:48.320
<v Speaker 1>two billion that goes to what's called discretionary spending. Now,

0:24:48.520 --> 0:24:51.320
<v Speaker 1>the way discretionary spending works is you have your mandatory

0:24:51.359 --> 0:24:53.520
<v Speaker 1>expenses like your house payment, your electricity bill, on your

0:24:53.560 --> 0:24:55.960
<v Speaker 1>car payment. Discretionaries, money you have left over if you

0:24:55.960 --> 0:24:57.240
<v Speaker 1>want to go out to eat or buy some new

0:24:57.280 --> 0:25:00.680
<v Speaker 1>clothes for your wife, um, discretionary. Now, when we sillion

0:25:00.680 --> 0:25:02.560
<v Speaker 1>dollars of debt and we are losing a chillion dollars

0:25:02.560 --> 0:25:04.879
<v Speaker 1>a year, I don't think we have any room for

0:25:04.920 --> 0:25:07.919
<v Speaker 1>discretion I explaining it doesn't stop them seven billion for that.

0:25:08.280 --> 0:25:10.800
<v Speaker 1>Let's break some of this down. We got four hundred

0:25:10.880 --> 0:25:14.199
<v Speaker 1>million going to secure the borders of Jordan, Lebanon, Egypt,

0:25:14.280 --> 0:25:17.600
<v Speaker 1>Tunisia and Oman. What about the U. S Border? We

0:25:17.720 --> 0:25:20.159
<v Speaker 1>have an invasion five million illegals have made across the border,

0:25:20.560 --> 0:25:22.600
<v Speaker 1>but we don't have any money to go spend to

0:25:22.680 --> 0:25:25.080
<v Speaker 1>scare board. As a matter of fact, in that bill.

0:25:25.119 --> 0:25:29.200
<v Speaker 1>It prohibits expressly prohibits funding from being used to improve

0:25:29.320 --> 0:25:33.520
<v Speaker 1>US border security. We have one point four billion going

0:25:33.720 --> 0:25:38.399
<v Speaker 1>for membership into global multilateral organizations, including the u N.

0:25:38.640 --> 0:25:41.280
<v Speaker 1>We're talking about like World Economic Form. We're talking about

0:25:41.400 --> 0:25:45.160
<v Speaker 1>non government organizations. So we're paying one point four billion

0:25:45.200 --> 0:25:48.800
<v Speaker 1>to global multilateral organizations. Probably on need to do that.

0:25:49.080 --> 0:25:52.320
<v Speaker 1>Five million half over half a billion dollars for quote,

0:25:52.320 --> 0:25:57.280
<v Speaker 1>family planning in areas where population growth threatens bio diversity,

0:25:57.440 --> 0:26:00.640
<v Speaker 1>so um colling the herd. Let's let's kill some people.

0:26:00.680 --> 0:26:03.960
<v Speaker 1>Half a billion dollars for that. We got over half

0:26:03.960 --> 0:26:07.440
<v Speaker 1>a billion dollars five four million for uh quote structural

0:26:07.520 --> 0:26:11.800
<v Speaker 1>racism focused in each subdivision. We have two hundred million

0:26:12.480 --> 0:26:18.320
<v Speaker 1>going to Pakistan for gender equity, gender programs in Pakistan

0:26:18.400 --> 0:26:21.159
<v Speaker 1>two million. We don't have any discretionary spending. Why are

0:26:21.200 --> 0:26:24.359
<v Speaker 1>we giving Pakistan tuan a million for gender programs? No less,

0:26:25.240 --> 0:26:28.400
<v Speaker 1>we added fifteen million for vaccine industries. Are gonna need

0:26:28.440 --> 0:26:32.280
<v Speaker 1>that three thirty five million to prepare for another influenza pandemic,

0:26:32.760 --> 0:26:36.560
<v Speaker 1>including of course surveillance tools. Over half a billion five

0:26:36.960 --> 0:26:40.919
<v Speaker 1>thirty five million for Corporation for Public Broadcasting inn PR

0:26:41.359 --> 0:26:45.800
<v Speaker 1>or you know, propaganda. We have another about fifteen billion

0:26:45.960 --> 0:26:49.159
<v Speaker 1>going to the intelligence community to increase their budgets for

0:26:49.320 --> 0:26:54.199
<v Speaker 1>J six. Specifically, we got UH two eighty six million

0:26:54.400 --> 0:26:57.280
<v Speaker 1>for Title X funding, which funds planned parenthoods we can

0:26:57.359 --> 0:27:00.119
<v Speaker 1>kill more babies. We have seven hundred fifty thousand all

0:27:00.119 --> 0:27:02.639
<v Speaker 1>I was going to a Los Angeles based transgender group

0:27:02.720 --> 0:27:06.640
<v Speaker 1>to inject more l g B d q um UM

0:27:06.760 --> 0:27:10.120
<v Speaker 1>education into elementary schools. We have another eight point six

0:27:10.119 --> 0:27:13.320
<v Speaker 1>million for the Pentagon for gender advisement programs. These are

0:27:13.320 --> 0:27:15.200
<v Speaker 1>not things that I want, and I would imagine these

0:27:15.200 --> 0:27:16.760
<v Speaker 1>are things that you don't want, But of course I'd

0:27:16.760 --> 0:27:18.359
<v Speaker 1>love to hear from you. Hit me up on social media.

0:27:18.400 --> 0:27:20.560
<v Speaker 1>Do you hit me on Twitter at one Mark Mosson

0:27:20.680 --> 0:27:23.280
<v Speaker 1>let me know, or on Instagram at one Mark Mosson

0:27:23.359 --> 0:27:26.480
<v Speaker 1>let me know there as well. Otherwise I'm gonna cram

0:27:26.480 --> 0:27:28.280
<v Speaker 1>this thing through here in Christmas before anybody has a

0:27:28.320 --> 0:27:30.199
<v Speaker 1>chance to read it all. Right now, if you just

0:27:30.200 --> 0:27:31.760
<v Speaker 1>tune in your listening to the Mark moss Show, We've

0:27:31.760 --> 0:27:33.080
<v Speaker 1>got a lot more to cover when I come back,

0:27:33.080 --> 0:27:35.840
<v Speaker 1>and I'm gonna give you my outlooks and predictions for

0:27:36.880 --> 0:27:38.440
<v Speaker 1>this is the part you don't want to miss We're

0:27:38.440 --> 0:27:41.239
<v Speaker 1>back without more in a minute. Don't go away, all right,

0:27:41.280 --> 0:27:43.480
<v Speaker 1>welcome back. You're listening to the Mark Mos Show. If

0:27:43.520 --> 0:27:46.440
<v Speaker 1>you're just tuning in, we're talking about the decentralized revolution,

0:27:46.440 --> 0:27:47.920
<v Speaker 1>like we talked about each and every week. Of course,

0:27:47.960 --> 0:27:51.119
<v Speaker 1>as we look at the changing world and what's happening

0:27:51.160 --> 0:27:53.119
<v Speaker 1>is we can navigate this together and we look at

0:27:53.160 --> 0:27:55.280
<v Speaker 1>through the lens of politics, finance, and technology. Now we've

0:27:55.280 --> 0:27:59.200
<v Speaker 1>covered a lot of big headlines this week, and now

0:27:59.240 --> 0:28:04.240
<v Speaker 1>I wanna end with something that I'm calling my three

0:28:04.280 --> 0:28:09.760
<v Speaker 1>outlook and Predictions. So lots of uncertainty, lots of uncertainty

0:28:09.800 --> 0:28:12.679
<v Speaker 1>in the world. You know, what's going to happen politically

0:28:12.800 --> 0:28:16.560
<v Speaker 1>and financially? Is the world going to break apart? Are

0:28:16.600 --> 0:28:18.119
<v Speaker 1>we going to come together? Or we're gonna go to

0:28:18.160 --> 0:28:20.080
<v Speaker 1>war with Russia, We're gonna go to war with China.

0:28:20.600 --> 0:28:23.280
<v Speaker 1>What's going to happen to my retirement account at my

0:28:23.359 --> 0:28:27.160
<v Speaker 1>house and my cryptocurrency, my bitcoin, et cetera, all those things,

0:28:28.600 --> 0:28:31.400
<v Speaker 1>So let's talk about that. So the first thing that

0:28:31.960 --> 0:28:34.560
<v Speaker 1>should be apparent to you more than ever before, if

0:28:34.560 --> 0:28:38.920
<v Speaker 1>it wasn't already, is that um, the federal reserve, the

0:28:38.960 --> 0:28:43.160
<v Speaker 1>central bank, the fellow reserve is in control of the markets.

0:28:43.760 --> 0:28:46.480
<v Speaker 1>So when it comes to you know, like I said,

0:28:46.520 --> 0:28:51.040
<v Speaker 1>your retirement account, your cryptocurrency account, your house value, things

0:28:51.040 --> 0:28:53.280
<v Speaker 1>like that, it should be abundantly clear that the FETE

0:28:53.400 --> 0:28:56.000
<v Speaker 1>is in the driver's seat. And so we saw, you know,

0:28:56.040 --> 0:29:00.680
<v Speaker 1>through or trying to recover in the government, they shut

0:29:00.760 --> 0:29:06.200
<v Speaker 1>the economy down, and the FED responded by pumping the

0:29:06.240 --> 0:29:08.960
<v Speaker 1>economy full of money. When they did that, we saw

0:29:09.000 --> 0:29:11.000
<v Speaker 1>asset prices GHO sky high. So a couple of things

0:29:11.040 --> 0:29:13.040
<v Speaker 1>that we saw there that you need to keep in

0:29:13.080 --> 0:29:15.280
<v Speaker 1>mind to move to navigate this moving forward, is that

0:29:15.840 --> 0:29:18.640
<v Speaker 1>we went from a period really where the FED was

0:29:18.680 --> 0:29:21.240
<v Speaker 1>just trying to kind of manage monetary policy and interest

0:29:21.320 --> 0:29:24.400
<v Speaker 1>rates to two thousand and eight where they really tried

0:29:24.440 --> 0:29:29.320
<v Speaker 1>to impact and move monetary policy um using quantitative easy

0:29:29.360 --> 0:29:30.840
<v Speaker 1>and things like that in two thousand eight. But then

0:29:30.880 --> 0:29:35.200
<v Speaker 1>what happened in is the FED moved into a much

0:29:35.360 --> 0:29:38.360
<v Speaker 1>more active role inside the economy, and as a matter

0:29:38.400 --> 0:29:41.360
<v Speaker 1>of fact, not just an active role and certainly not

0:29:41.520 --> 0:29:43.960
<v Speaker 1>a reactive role like they were in two thousand eight.

0:29:44.000 --> 0:29:47.960
<v Speaker 1>But now they want to be the leading indicator, the

0:29:48.120 --> 0:29:51.600
<v Speaker 1>leading role in the economy. And so there was a

0:29:51.640 --> 0:29:54.440
<v Speaker 1>massive shift that happened in the last couple of years.

0:29:54.680 --> 0:29:56.840
<v Speaker 1>And we saw Jerome Powell, the head of the Federal Reserve,

0:29:57.120 --> 0:30:00.560
<v Speaker 1>come in and say that, you know, we're not thinking

0:30:00.600 --> 0:30:03.360
<v Speaker 1>about thinking about raising rates. He said that they would

0:30:03.400 --> 0:30:06.320
<v Speaker 1>not raise rates for four years, and of course I

0:30:06.360 --> 0:30:10.360
<v Speaker 1>was two years ago. Um. They told us that inflation

0:30:10.520 --> 0:30:13.840
<v Speaker 1>wasn't a problem, inflation was transitory and all these things,

0:30:14.160 --> 0:30:16.800
<v Speaker 1>and of course they got caught off guard, and so

0:30:16.960 --> 0:30:19.520
<v Speaker 1>in November of two twenty one, they announced that we

0:30:19.600 --> 0:30:23.360
<v Speaker 1>have to start raising rates. And it's important to understand

0:30:23.480 --> 0:30:25.880
<v Speaker 1>how this works because as soon as they said they

0:30:25.880 --> 0:30:31.200
<v Speaker 1>would start raising rates, risk assets, mostly stocks, tech stocks,

0:30:31.200 --> 0:30:34.240
<v Speaker 1>etcetera started selling off. Now Bitcoin started selling off first,

0:30:34.480 --> 0:30:36.480
<v Speaker 1>A couple of days later, the nasdacs started selling off.

0:30:36.520 --> 0:30:39.240
<v Speaker 1>A couple months later, the SMP five hundred started selling off.

0:30:39.800 --> 0:30:44.280
<v Speaker 1>But everything has been declining since then, and all eyes

0:30:44.320 --> 0:30:47.640
<v Speaker 1>are on the FED now. Just I mean five years ago,

0:30:47.800 --> 0:30:51.120
<v Speaker 1>most people never even talked about the FED or paid

0:30:51.160 --> 0:30:54.360
<v Speaker 1>attention to the FED. And now today every time they

0:30:54.360 --> 0:30:57.000
<v Speaker 1>go into a meeting, all eyes are watching the FED

0:30:57.040 --> 0:31:00.480
<v Speaker 1>to understand exactly what is coming next. Because as again

0:31:00.520 --> 0:31:03.400
<v Speaker 1>as I said, they're in the driver's seat now. They

0:31:03.480 --> 0:31:08.680
<v Speaker 1>have extra external forces that obviously impact what they do,

0:31:09.120 --> 0:31:11.040
<v Speaker 1>But we need to understand what's gonna happen there first.

0:31:11.080 --> 0:31:13.719
<v Speaker 1>So if we want to know, will the stock market

0:31:14.160 --> 0:31:18.440
<v Speaker 1>um crash will continue with bullish trend um, is the

0:31:18.520 --> 0:31:21.840
<v Speaker 1>secular long term trend broken and all the things? Like

0:31:21.880 --> 0:31:23.000
<v Speaker 1>I said, we have to go and go back to

0:31:23.000 --> 0:31:24.560
<v Speaker 1>the FED. So the first thing I want to do

0:31:24.640 --> 0:31:26.840
<v Speaker 1>is realize that we don't want to fight the FED.

0:31:26.920 --> 0:31:29.920
<v Speaker 1>We don't want to work against the FED. So as

0:31:29.960 --> 0:31:31.880
<v Speaker 1>long as the FED wants to be hawkish and they

0:31:31.920 --> 0:31:34.600
<v Speaker 1>want to continue raising rates and they want to continue

0:31:34.600 --> 0:31:37.720
<v Speaker 1>to tell us that their goal is to crush demand,

0:31:38.280 --> 0:31:40.640
<v Speaker 1>understand that their goal is to make you feel broke,

0:31:41.520 --> 0:31:44.080
<v Speaker 1>we don't want to fight that. There's no reason why

0:31:44.120 --> 0:31:46.720
<v Speaker 1>we need to catch falling knives. There's no reason why

0:31:46.720 --> 0:31:49.959
<v Speaker 1>we need to try to time the exact bottom. I

0:31:50.080 --> 0:31:52.200
<v Speaker 1>want to be patient, So I'm gonna sit there and

0:31:52.240 --> 0:31:54.480
<v Speaker 1>I'm gonna wait. I donna wait until there's some clarity.

0:31:54.480 --> 0:31:58.080
<v Speaker 1>I'm gonna wait until the FED. Eventually, like I said,

0:31:58.080 --> 0:32:00.920
<v Speaker 1>the FED has external forces they have to manage, and

0:32:00.960 --> 0:32:03.800
<v Speaker 1>eventually they will be forced to go back into an

0:32:03.800 --> 0:32:07.000
<v Speaker 1>easy situation, and so we're going to just watch out

0:32:07.080 --> 0:32:08.880
<v Speaker 1>for that all right now, a lot of people keep

0:32:08.880 --> 0:32:11.280
<v Speaker 1>thinking they're gonna pivot, They're gonna pivot, but like I said, FED,

0:32:11.960 --> 0:32:13.720
<v Speaker 1>the FED chair of Joan pal keeps saying, look, we're

0:32:13.720 --> 0:32:16.040
<v Speaker 1>not going to now. He says they're not going to

0:32:16.600 --> 0:32:19.440
<v Speaker 1>lower rates for many years now, just like he said

0:32:19.440 --> 0:32:21.000
<v Speaker 1>they wouldn't raise them for a couple of years. I

0:32:21.040 --> 0:32:24.120
<v Speaker 1>think eventually he wills sooner than he wants to UM,

0:32:24.120 --> 0:32:26.000
<v Speaker 1>but for now he won't. Another thing that I think

0:32:26.080 --> 0:32:28.320
<v Speaker 1>is going to happen is I believe the world is

0:32:28.320 --> 0:32:31.200
<v Speaker 1>going to continue to decentralize. I believe supply chains are

0:32:31.200 --> 0:32:33.240
<v Speaker 1>going to continue to break down because of that. The

0:32:33.280 --> 0:32:37.040
<v Speaker 1>way that the world trades is changing, and the way

0:32:37.040 --> 0:32:40.360
<v Speaker 1>that we move energy and other products is changing. We

0:32:40.360 --> 0:32:42.400
<v Speaker 1>can see that we're re on shoring a lot of

0:32:42.400 --> 0:32:45.200
<v Speaker 1>manufacturing the United States, UM. Lots of bills have been

0:32:45.200 --> 0:32:49.200
<v Speaker 1>passed by the Biden administration to really severely impact China,

0:32:49.400 --> 0:32:51.040
<v Speaker 1>and so I believe that we're gonna continue to see

0:32:51.040 --> 0:32:53.120
<v Speaker 1>the world's kind of breaking apart everybody. Instead of just

0:32:53.200 --> 0:32:55.520
<v Speaker 1>in time, supply chains will be just in case. So

0:32:55.520 --> 0:32:59.600
<v Speaker 1>they're gonna start to manufacture and store more inventory, and

0:32:59.720 --> 0:33:03.120
<v Speaker 1>all of these changes are going to be highly inflationary.

0:33:03.520 --> 0:33:06.680
<v Speaker 1>And so we took jobs that paid in the US,

0:33:06.760 --> 0:33:09.440
<v Speaker 1>now we sent them overseas for ten thou Now those

0:33:09.480 --> 0:33:11.600
<v Speaker 1>jobs have to come back UM, and so that's gonna

0:33:11.640 --> 0:33:13.680
<v Speaker 1>be inflationary. So the FED has this goal of this

0:33:13.800 --> 0:33:17.240
<v Speaker 1>two percent target of inflation, which of course they overshot

0:33:17.320 --> 0:33:19.480
<v Speaker 1>and made up at nine percent inflation, and they're trying

0:33:19.480 --> 0:33:20.800
<v Speaker 1>to get it back down to two percent. I think

0:33:20.840 --> 0:33:23.160
<v Speaker 1>we'll also see the FED maybe come off of that

0:33:23.200 --> 0:33:27.360
<v Speaker 1>goal or at least um at least agree that we

0:33:27.400 --> 0:33:29.880
<v Speaker 1>don't need to get there right away. I think that

0:33:30.000 --> 0:33:33.800
<v Speaker 1>we might see inflation four or five percent and just

0:33:33.920 --> 0:33:36.280
<v Speaker 1>kind of being okay with that, and that's guys, we're

0:33:36.280 --> 0:33:40.720
<v Speaker 1>gonna have to. So I believe that the inflation target

0:33:40.760 --> 0:33:42.360
<v Speaker 1>of the FED will be higher. I don't believe we'll

0:33:42.360 --> 0:33:43.960
<v Speaker 1>get back down to two percent. I believe will be

0:33:44.000 --> 0:33:48.280
<v Speaker 1>in that higher four or five percent range. As globalization

0:33:48.400 --> 0:33:52.120
<v Speaker 1>continues to push inflation higher. That's gonna have to be

0:33:52.200 --> 0:33:55.840
<v Speaker 1>something that they're used to. UM. And so those are

0:33:55.880 --> 0:33:58.040
<v Speaker 1>those are two big trends that I'm looking for. I

0:33:58.080 --> 0:34:01.280
<v Speaker 1>think that again, the FED has these external forces that

0:34:01.320 --> 0:34:04.479
<v Speaker 1>they have to deal with, and so eventually, even if

0:34:04.480 --> 0:34:07.040
<v Speaker 1>they want to keep rates higher for a lot longer,

0:34:07.480 --> 0:34:10.040
<v Speaker 1>eventually they're going to be forced to come off of that.

0:34:10.120 --> 0:34:14.120
<v Speaker 1>But when so, I'm guessing, mom, I'm sort of predicting

0:34:14.200 --> 0:34:19.160
<v Speaker 1>that that probably happens in Q two, Q three of

0:34:19.280 --> 0:34:22.640
<v Speaker 1>next year. So I think things will probably get so bad.

0:34:22.680 --> 0:34:25.200
<v Speaker 1>We can already see these signs is starting to form

0:34:25.560 --> 0:34:28.960
<v Speaker 1>um through the manufacturing, through consumer sentiment, through debt level,

0:34:29.000 --> 0:34:31.919
<v Speaker 1>savings levels, et cetera, that I believe the pain level

0:34:32.000 --> 0:34:34.439
<v Speaker 1>is going to get so high the economy will freeze up. Which,

0:34:34.440 --> 0:34:36.560
<v Speaker 1>by the way, the FED doesn't care. They want to

0:34:36.640 --> 0:34:38.960
<v Speaker 1>make you broke um. They don't care about your retirement

0:34:38.960 --> 0:34:41.560
<v Speaker 1>account of your house value. What they do care about, though,

0:34:41.840 --> 0:34:43.800
<v Speaker 1>is they care about the liquidity and the financial system.

0:34:44.239 --> 0:34:46.080
<v Speaker 1>And so we're starting to see liquidity dry up. You

0:34:46.120 --> 0:34:47.799
<v Speaker 1>can see it in the bond markets, you can see

0:34:47.800 --> 0:34:50.640
<v Speaker 1>it in the high yield corporate credit markets, you can

0:34:50.640 --> 0:34:53.120
<v Speaker 1>see it in the treasury markets even And so I

0:34:53.160 --> 0:34:55.120
<v Speaker 1>believe that things could get to a point where it's

0:34:55.160 --> 0:34:57.720
<v Speaker 1>so bad the FED is forced to act UH sometime

0:34:57.800 --> 0:34:59.759
<v Speaker 1>next year and they're forced to kind of get into

0:34:59.760 --> 0:35:02.520
<v Speaker 1>this verbial pivot. Pivot for me would be to go

0:35:02.600 --> 0:35:05.839
<v Speaker 1>from a tightening to an easy not a pause, but

0:35:05.840 --> 0:35:09.240
<v Speaker 1>but an actual pivot or a reversal. Uh. And maybe

0:35:09.280 --> 0:35:12.120
<v Speaker 1>that happens towards the end of next year, and so

0:35:12.360 --> 0:35:15.600
<v Speaker 1>I think that too, maybe we end up higher next

0:35:15.680 --> 0:35:20.440
<v Speaker 1>year in stocks in cryptocurrencies than we are now now.

0:35:20.480 --> 0:35:22.440
<v Speaker 1>As far as real estate, I did a full video

0:35:22.480 --> 0:35:24.480
<v Speaker 1>breaking down real estate and how there's no such thing

0:35:24.520 --> 0:35:27.200
<v Speaker 1>as the market, but there's thousands of markets. Go to

0:35:27.239 --> 0:35:29.359
<v Speaker 1>my main YouTube channels of search Mark Moss to see

0:35:29.400 --> 0:35:32.120
<v Speaker 1>my outlook on real estate. What we're seeing is some

0:35:32.200 --> 0:35:36.040
<v Speaker 1>markets like Seattle of San Francisco are already crashing worse

0:35:36.080 --> 0:35:37.960
<v Speaker 1>than they did in two thousand eight. But other markets,

0:35:38.000 --> 0:35:40.880
<v Speaker 1>like in Miami or Tampa, they're actually still holding on

0:35:40.960 --> 0:35:43.640
<v Speaker 1>and actually still going up. And so I expect to

0:35:43.680 --> 0:35:46.000
<v Speaker 1>see that to continue in the real estate market. Go

0:35:46.080 --> 0:35:49.360
<v Speaker 1>watch that video for that. What I would say overall,

0:35:49.520 --> 0:35:53.000
<v Speaker 1>for my um, not my predictions, but how I'm going

0:35:53.040 --> 0:35:55.440
<v Speaker 1>to manage this is I think back to a quote

0:35:55.440 --> 0:35:58.319
<v Speaker 1>from Charlie Munger. He's Warren Buffet's partner, and he said

0:35:58.320 --> 0:36:00.960
<v Speaker 1>that the big money is not made in the buying

0:36:01.120 --> 0:36:04.160
<v Speaker 1>and the selling. It's made in the waiting. And so

0:36:04.200 --> 0:36:07.279
<v Speaker 1>what that means to me is that I don't need

0:36:07.320 --> 0:36:11.480
<v Speaker 1>to always be doing something. Investing should be boring. I

0:36:11.520 --> 0:36:14.239
<v Speaker 1>want to be waiting for the right opportunity. So I'm

0:36:14.239 --> 0:36:16.719
<v Speaker 1>okay being patient. I think patience is going to be

0:36:16.719 --> 0:36:19.680
<v Speaker 1>the key for three. We want to wait for these

0:36:19.719 --> 0:36:22.200
<v Speaker 1>things to develop. We want to wait for the Fed

0:36:22.280 --> 0:36:25.760
<v Speaker 1>to start to change his mind. And I'm okay waiting,

0:36:25.960 --> 0:36:29.480
<v Speaker 1>being patient, and then I'm gonna look for the best opportunities.

0:36:29.520 --> 0:36:32.000
<v Speaker 1>The best opportunity is gonna be the early trends that

0:36:32.080 --> 0:36:34.600
<v Speaker 1>I'm gonna have to wait again for them to develop.

0:36:34.920 --> 0:36:38.480
<v Speaker 1>I think gold, I think commodities, so gold energy, you know,

0:36:38.520 --> 0:36:40.480
<v Speaker 1>overall commodities. I think it's going to be the trade

0:36:40.480 --> 0:36:42.240
<v Speaker 1>for the next debt for the rest of the decade.

0:36:42.440 --> 0:36:44.360
<v Speaker 1>But it's gonna take a while for that trend to develop,

0:36:44.360 --> 0:36:46.759
<v Speaker 1>and so I'm gonna be patient. I'm gonna wait for that,

0:36:46.920 --> 0:36:48.520
<v Speaker 1>and then i'm gonna get into that. I'm gonna patient.

0:36:48.520 --> 0:36:50.560
<v Speaker 1>I'm gonna wait for that to develop as well. So

0:36:50.560 --> 0:36:53.120
<v Speaker 1>that's my plan for three. Hopefully that makes sense to

0:36:53.120 --> 0:36:54.400
<v Speaker 1>you if you're just tune in. You're listening to the

0:36:54.400 --> 0:36:57.400
<v Speaker 1>Marketma Show talking about the decentralized revolution and that some

0:36:57.440 --> 0:36:59.680
<v Speaker 1>of my outlook for next year in financial markets and

0:36:59.680 --> 0:37:03.000
<v Speaker 1>Glowe really from a geopolitical level. Hopefully you enjoyed that.

0:37:03.360 --> 0:37:04.600
<v Speaker 1>Hit me up on social media let me know what

0:37:04.640 --> 0:37:07.319
<v Speaker 1>you think. At one Mark Moss and that's what I got.

0:37:07.360 --> 0:37:08.040
<v Speaker 1>Thanks for listening.