1 00:00:00,160 --> 00:00:03,480 Speaker 1: Welcome to a special episode of Stuff. They don't want 2 00:00:03,520 --> 00:00:07,000 Speaker 1: you to know that we made it back from our 3 00:00:07,120 --> 00:00:10,680 Speaker 1: time on the road. Yeah. We went all over the place, Boston, 4 00:00:10,760 --> 00:00:15,400 Speaker 1: we were in Arlington, right over by d C, Philly, Brooklyn, 5 00:00:15,560 --> 00:00:19,160 Speaker 1: and even here in Atlanta. Yeah, we met so many 6 00:00:19,160 --> 00:00:21,920 Speaker 1: amazing people. We want to thank everyone who came to 7 00:00:22,000 --> 00:00:25,560 Speaker 1: check out the show. Uh, don't be strangers. Feel free 8 00:00:25,600 --> 00:00:27,840 Speaker 1: to write to us. Yeah, especially those of you. We 9 00:00:27,880 --> 00:00:30,360 Speaker 1: actually hung out with some people after shows. Yeah, I 10 00:00:30,600 --> 00:00:34,919 Speaker 1: got to meet some people. It was great. Great. Uh 11 00:00:34,960 --> 00:00:37,600 Speaker 1: it was a grilled cheese. Yeah, it was a grilled cheese, 12 00:00:38,200 --> 00:00:42,479 Speaker 1: tomato and bacon. Online. So we we had a ton 13 00:00:42,520 --> 00:00:47,080 Speaker 1: of adventures and we recorded the show. What you're about 14 00:00:47,159 --> 00:00:51,840 Speaker 1: to hear, folks, is the let's see, this is us 15 00:00:52,000 --> 00:00:56,120 Speaker 1: in Atlanta, right, does our hometown show? Absolutely this this 16 00:00:56,160 --> 00:00:59,319 Speaker 1: one just it turned out really well. It's that home 17 00:00:59,320 --> 00:01:04,080 Speaker 1: field advantage. I think we'll see, well, no spoilers, but 18 00:01:04,480 --> 00:01:08,600 Speaker 1: here we have it, Uh, the Atlanta version of our Stuff. 19 00:01:08,640 --> 00:01:11,920 Speaker 1: Then once you know live tour, let us know what 20 00:01:11,959 --> 00:01:32,520 Speaker 1: you think. Hello, Hello, Hello, welcome. Oh my gosh, you guys, 21 00:01:32,560 --> 00:01:35,880 Speaker 1: we did it. We came to our hometown and and 22 00:01:35,880 --> 00:01:37,759 Speaker 1: and the crowd showed up to see us live. How 23 00:01:37,760 --> 00:01:43,360 Speaker 1: are you doing. Yeah, it's Sunday. It is all right. 24 00:01:44,080 --> 00:01:46,520 Speaker 1: We had to check earlier. We have no idea what 25 00:01:46,600 --> 00:01:48,320 Speaker 1: day it is. At this point. It's been a bit 26 00:01:48,360 --> 00:01:50,240 Speaker 1: of a blur. It's been a bit of a it's 27 00:01:50,240 --> 00:01:52,360 Speaker 1: been a bit of a blur. But we want to 28 00:01:52,400 --> 00:01:55,840 Speaker 1: thank you so much for coming out. Is astonishing to 29 00:01:56,000 --> 00:02:01,280 Speaker 1: us to record in our hometown live. Now we this 30 00:02:01,360 --> 00:02:04,080 Speaker 1: is this is the last show of our tour and 31 00:02:04,120 --> 00:02:07,760 Speaker 1: we saved it for you for Atlanta. I like your 32 00:02:07,760 --> 00:02:12,200 Speaker 1: hat by the way. Uh. And we went We went 33 00:02:12,280 --> 00:02:14,680 Speaker 1: to a bunch of places really yeah, we did. Um. 34 00:02:14,680 --> 00:02:17,440 Speaker 1: My favorite highlight of the tour was having a lobster 35 00:02:17,560 --> 00:02:20,639 Speaker 1: roll at a dive bar in Boston, because that's the thing. 36 00:02:20,680 --> 00:02:23,880 Speaker 1: They're just lousy with lobsters there and they're all particularly Yeah. 37 00:02:24,120 --> 00:02:26,760 Speaker 1: And then yesterday I I almost died. I choked on 38 00:02:26,800 --> 00:02:29,440 Speaker 1: a bone from a fish um at a tire restaurant 39 00:02:29,760 --> 00:02:31,800 Speaker 1: and had a panic attack. But these guys got me 40 00:02:31,840 --> 00:02:33,720 Speaker 1: through it. And now here I am to be with 41 00:02:33,760 --> 00:02:36,160 Speaker 1: you find people. Yeah. We we played a show in 42 00:02:36,320 --> 00:02:39,320 Speaker 1: Arlington at this old theater and it was beautiful because 43 00:02:39,360 --> 00:02:42,120 Speaker 1: all of the seats were like old office chairs that 44 00:02:42,200 --> 00:02:45,800 Speaker 1: have been just discarded by someone, but they just purchased 45 00:02:45,840 --> 00:02:47,280 Speaker 1: them all or found them on the side of the 46 00:02:47,360 --> 00:02:49,520 Speaker 1: road and just filled the entire theater with them. And 47 00:02:49,520 --> 00:02:51,360 Speaker 1: then they were remnants, like they were weird piles of 48 00:02:51,400 --> 00:02:54,480 Speaker 1: them just in the corners, and they were weird tables. 49 00:02:54,520 --> 00:02:56,680 Speaker 1: It looked like we were going to do a meeting 50 00:02:56,760 --> 00:02:59,640 Speaker 1: for the United Nations or something. Yeah, and it was 51 00:03:00,040 --> 00:03:02,200 Speaker 1: like one of those like the Buckhead Theater, I forget, 52 00:03:02,240 --> 00:03:05,440 Speaker 1: not the theater. It's one of the old or something, 53 00:03:05,520 --> 00:03:07,800 Speaker 1: one of the newer movie theaters that actually has food 54 00:03:07,880 --> 00:03:10,919 Speaker 1: there too, so you're sitting in these seats and ordering food. 55 00:03:11,160 --> 00:03:13,680 Speaker 1: It was just an odd experience, was it was it 56 00:03:13,720 --> 00:03:16,960 Speaker 1: as odd as the one in um Boston where there 57 00:03:17,000 --> 00:03:19,440 Speaker 1: was a kid's park core class going on outside of 58 00:03:19,440 --> 00:03:24,040 Speaker 1: our which it was fantastic. Those kids have moves. We 59 00:03:24,120 --> 00:03:27,160 Speaker 1: we tried to hang with them. Yeah, they weren't having it. 60 00:03:27,280 --> 00:03:29,880 Speaker 1: They were having but it was literally open the door 61 00:03:29,960 --> 00:03:31,840 Speaker 1: to the dressing room and there's just like these little 62 00:03:31,840 --> 00:03:35,800 Speaker 1: tiny midget people just zooming by, like like tires and 63 00:03:35,880 --> 00:03:38,560 Speaker 1: like you know, bars and stuff. It was pretty wild. 64 00:03:38,600 --> 00:03:42,080 Speaker 1: But they did actually say park Core while they were things. 65 00:03:42,760 --> 00:03:46,280 Speaker 1: But now we're in a place called Terminal West, which 66 00:03:46,560 --> 00:03:49,600 Speaker 1: rules do you do? You? Guys ever come out here 67 00:03:49,680 --> 00:03:53,920 Speaker 1: to see shows like music? Awesome live shows. We're on 68 00:03:53,920 --> 00:03:57,480 Speaker 1: that stage right now. Oh boy, Oh, and we're supposed 69 00:03:57,520 --> 00:03:59,560 Speaker 1: to do a show. That's why we're here, right, So 70 00:03:59,680 --> 00:04:04,560 Speaker 1: let's le's get started. Yeah, welcome back to the show. 71 00:04:04,600 --> 00:04:07,119 Speaker 1: My name is Matt, my name isn't all and they 72 00:04:07,200 --> 00:04:10,720 Speaker 1: called me Ben. Most importantly, you are you. You are 73 00:04:10,800 --> 00:04:13,880 Speaker 1: here and that makes this the stuff they don't want 74 00:04:13,920 --> 00:04:16,279 Speaker 1: you to know. We're joined also by our super producer, 75 00:04:16,600 --> 00:04:22,360 Speaker 1: Paul Decade. Hey, will you stand please? Let us embarrass 76 00:04:22,400 --> 00:04:27,640 Speaker 1: you guy. This guy makes our show happen. He uh. 77 00:04:27,720 --> 00:04:31,680 Speaker 1: We continually cajole him to get on microphone with us. 78 00:04:31,800 --> 00:04:35,839 Speaker 1: He continually refuses. I know, I know, I know, but 79 00:04:35,839 --> 00:04:38,279 Speaker 1: but then he surrounded by a lot of other house 80 00:04:38,279 --> 00:04:42,880 Speaker 1: stuff works. Oh, I see you, I see some celebrities 81 00:04:42,880 --> 00:04:45,159 Speaker 1: in the crowd. Can I get your autograph later? Guys, 82 00:04:45,200 --> 00:04:48,400 Speaker 1: I don't want to make it weird, but I made 83 00:04:48,400 --> 00:04:51,400 Speaker 1: it weird, made it weird all right? Well? Well, yes, 84 00:04:51,720 --> 00:04:57,360 Speaker 1: Paul mission Control Decade, we're finally back. And we were 85 00:04:57,400 --> 00:04:59,640 Speaker 1: on the road for a while and we had these 86 00:04:59,640 --> 00:05:06,400 Speaker 1: bizarre our adventures roaming through New England, roaming through historic places. 87 00:05:06,400 --> 00:05:11,360 Speaker 1: Every city we have been to, including Atlanta, has has 88 00:05:11,400 --> 00:05:13,480 Speaker 1: a few things in common. Right, There's a there's a 89 00:05:13,480 --> 00:05:17,520 Speaker 1: bunch of graffiti everywhere. Oddly enough, there's a regional Federal 90 00:05:17,560 --> 00:05:20,360 Speaker 1: Reserve Bank, which in every city we went to, in 91 00:05:20,440 --> 00:05:24,359 Speaker 1: every single one. And when we were thinking about our show, 92 00:05:25,240 --> 00:05:29,920 Speaker 1: we we started we started brainstorming, and we were we 93 00:05:29,920 --> 00:05:35,960 Speaker 1: were thinking about hidden things, signs, symbols, secret languages, and 94 00:05:36,000 --> 00:05:39,440 Speaker 1: we were wondering how they came to be and why 95 00:05:39,600 --> 00:05:43,599 Speaker 1: and what they mean and uh more so, why do 96 00:05:43,760 --> 00:05:50,600 Speaker 1: some of the world's most powerful, influential institutions use secret science, codes, signals, 97 00:05:50,680 --> 00:05:55,520 Speaker 1: languages every year, every month, every week, every day? Then 98 00:05:55,560 --> 00:05:58,960 Speaker 1: are you talking about the shadowy organization that operates out 99 00:05:58,960 --> 00:06:02,560 Speaker 1: of that five I did buildings over near Arlington, Virginia, 100 00:06:02,640 --> 00:06:06,279 Speaker 1: where we were that has absolutely nothing to do with pentagrams. 101 00:06:07,680 --> 00:06:09,360 Speaker 1: I mean, I mean there are a lot of a a 102 00:06:09,400 --> 00:06:11,680 Speaker 1: buildings with five sides. I here it has a subway 103 00:06:11,800 --> 00:06:15,679 Speaker 1: and a best Buy. Um, it's true. They're the branding 104 00:06:15,720 --> 00:06:18,360 Speaker 1: as part of it as well, right, right, It's true. Well, 105 00:06:18,520 --> 00:06:23,040 Speaker 1: you know, Matt the Pentagon is arguably involved, but that 106 00:06:23,400 --> 00:06:26,039 Speaker 1: comes later, I think, right, I will wait, do we 107 00:06:26,080 --> 00:06:29,800 Speaker 1: want to call it foreshadowy? Yes, okay, then we'll call 108 00:06:29,839 --> 00:06:33,520 Speaker 1: it foreshadowy. So we're hoping that you join us today 109 00:06:33,600 --> 00:06:38,039 Speaker 1: as we dive into the strange stories of these signs, languages, signals, 110 00:06:38,160 --> 00:06:43,240 Speaker 1: and symbols that allegedly influence us everywhere we go. And 111 00:06:43,320 --> 00:06:47,960 Speaker 1: the institutions are one of them anyway that just loves them. Yes, yes, absolutely, 112 00:06:48,000 --> 00:06:50,680 Speaker 1: so Okay, So this is a modern city. Atlanta is 113 00:06:50,720 --> 00:06:54,839 Speaker 1: a pretty big city, and every time you walk through 114 00:06:55,560 --> 00:06:59,440 Speaker 1: any modern city in the US or abroad, we are 115 00:06:59,560 --> 00:07:04,840 Speaker 1: in in aided with literally millions of images of messages, right, 116 00:07:04,839 --> 00:07:07,080 Speaker 1: and they're non consensual. You don't wake up in the 117 00:07:07,120 --> 00:07:11,080 Speaker 1: morning and agreed to see twelve thousand billboards. You just 118 00:07:11,200 --> 00:07:14,679 Speaker 1: have to go do something. And we had a time 119 00:07:15,320 --> 00:07:18,960 Speaker 1: a while back, Matt, you and I years ago, had 120 00:07:19,120 --> 00:07:21,240 Speaker 1: had a fool's errand where we said, you know what, 121 00:07:21,440 --> 00:07:24,280 Speaker 1: we're gonna wake up tomorrow. We're going to count every 122 00:07:24,280 --> 00:07:27,200 Speaker 1: single advertisement that we see during the day. We we 123 00:07:27,280 --> 00:07:30,080 Speaker 1: really did it, and we got to about two hundred 124 00:07:30,200 --> 00:07:31,960 Speaker 1: or so. I think both of us maxed out around 125 00:07:31,960 --> 00:07:35,560 Speaker 1: that range two hundred range I gave up am Yeah, 126 00:07:35,680 --> 00:07:38,480 Speaker 1: it was rough. Um and and it's just crazy. And 127 00:07:38,520 --> 00:07:41,200 Speaker 1: a lot of its logos that are kind of unassuming 128 00:07:41,200 --> 00:07:43,680 Speaker 1: that you just notice on the side or on somebody's 129 00:07:43,680 --> 00:07:46,480 Speaker 1: shirt or a hat, sir, awesome shirt. Um. And it 130 00:07:46,480 --> 00:07:48,600 Speaker 1: could just be as simple as a letter or something 131 00:07:48,640 --> 00:07:51,080 Speaker 1: like that, or like if it's a logo, you look 132 00:07:51,120 --> 00:07:53,600 Speaker 1: at something like we all know this, the FedEx logo 133 00:07:53,720 --> 00:07:57,080 Speaker 1: that has that secret arrow in there, or the Amazon 134 00:07:57,280 --> 00:08:00,880 Speaker 1: logo that also has a not so secret arrow. It's 135 00:08:00,920 --> 00:08:04,280 Speaker 1: gotta it's gott a smile that starts at where it 136 00:08:04,320 --> 00:08:07,080 Speaker 1: starts at, like a yeah, and it goes to Z. 137 00:08:07,600 --> 00:08:10,160 Speaker 1: Lets you know you can get everything online, right that 138 00:08:10,240 --> 00:08:13,160 Speaker 1: All all you need is a tiny little symbol that 139 00:08:13,320 --> 00:08:15,680 Speaker 1: lets you know exactly what something is. You don't have 140 00:08:15,760 --> 00:08:18,160 Speaker 1: to communicate with words beyond that, and the smile just 141 00:08:18,240 --> 00:08:20,120 Speaker 1: lets you know that everything is cool. Amazon is a 142 00:08:20,120 --> 00:08:24,960 Speaker 1: completely innocuous organization, and story Goods and Service doesn't be 143 00:08:24,960 --> 00:08:26,440 Speaker 1: able to buy your laundy in Tergon with a push 144 00:08:26,480 --> 00:08:29,240 Speaker 1: of a button. It's a fantastic company. I'm a fan. 145 00:08:29,440 --> 00:08:33,160 Speaker 1: We're getting those drones for you, says Jeff Bezos. But 146 00:08:33,160 --> 00:08:36,920 Speaker 1: but this, this is weird because it goes beyond advertisements. 147 00:08:36,960 --> 00:08:40,080 Speaker 1: There is a great deal of money and time spent 148 00:08:40,440 --> 00:08:44,200 Speaker 1: to create logos that you know, FedEx has letters of it, right, 149 00:08:44,280 --> 00:08:48,000 Speaker 1: Amazon also has letters in it. But the parts of 150 00:08:48,040 --> 00:08:50,680 Speaker 1: our brain that are being engaged when we see these 151 00:08:50,720 --> 00:08:54,600 Speaker 1: logos are non verbal things. They're not they're not the 152 00:08:54,720 --> 00:08:57,640 Speaker 1: language part of our brain, you know. What they are 153 00:08:57,679 --> 00:09:01,960 Speaker 1: instead are imagistic, embolic things we're meant to connect with you, 154 00:09:02,000 --> 00:09:05,240 Speaker 1: like on almost an emotional kind of primorial level. Yeah, yeah, yeah, 155 00:09:05,240 --> 00:09:10,400 Speaker 1: it's absolutely primal level. And we thought, how far does 156 00:09:10,440 --> 00:09:13,880 Speaker 1: this go? Right, right, We've all seen Madmen or read 157 00:09:13,880 --> 00:09:17,240 Speaker 1: the Wikipedia entries about it, I'm sure so. So we 158 00:09:17,320 --> 00:09:21,520 Speaker 1: know that advertising is historically huge industry, but the idea 159 00:09:21,559 --> 00:09:26,479 Speaker 1: of secret symbols, secret signs, secret languages goes far beyond advertising. 160 00:09:26,559 --> 00:09:30,680 Speaker 1: It predates it. We wanted to find an example for you, 161 00:09:31,040 --> 00:09:33,520 Speaker 1: and we wanted to start with something that used to 162 00:09:33,559 --> 00:09:38,360 Speaker 1: be alarmingly cartoonishly common. It's something you may not have 163 00:09:38,480 --> 00:09:41,520 Speaker 1: heard of in the modern day. The name sounds a 164 00:09:41,720 --> 00:09:47,480 Speaker 1: bit silly, but here we go. It's hobo code. Hobo code. 165 00:09:47,520 --> 00:09:49,040 Speaker 1: Here you go. You got to enunciate it because we 166 00:09:49,080 --> 00:09:50,319 Speaker 1: had a couple of shows where people didn't know what 167 00:09:50,360 --> 00:09:56,040 Speaker 1: we were saying. Yeah, so here's the thing. The it 168 00:09:56,080 --> 00:09:58,200 Speaker 1: does sound kind of like it could be like the 169 00:09:58,280 --> 00:10:00,760 Speaker 1: name of like some kind of prog band, the concept 170 00:10:00,800 --> 00:10:05,440 Speaker 1: album or so kind of like concept EP or something 171 00:10:05,600 --> 00:10:08,199 Speaker 1: hobo code. Yeah, but no, it's not. It's actually an 172 00:10:08,360 --> 00:10:12,600 Speaker 1: entire kind of cryptographic language. Um. And it surrounds the 173 00:10:12,640 --> 00:10:15,680 Speaker 1: world of of the hobo, which you may know today 174 00:10:15,679 --> 00:10:17,640 Speaker 1: as being a bit of a pejorative or something you 175 00:10:17,720 --> 00:10:20,319 Speaker 1: might say to your you know, significant other if they're 176 00:10:20,400 --> 00:10:23,679 Speaker 1: not dressed well or like it's weird. It's an anachronistic, 177 00:10:23,760 --> 00:10:25,959 Speaker 1: Like some of us are here with our significant others. 178 00:10:26,000 --> 00:10:27,280 Speaker 1: If you're ever in a fight with him and you 179 00:10:27,320 --> 00:10:29,520 Speaker 1: call him a hobo, then they're just like out of 180 00:10:29,520 --> 00:10:32,600 Speaker 1: the argument. They don't understand what's going on. Why would 181 00:10:32,720 --> 00:10:35,439 Speaker 1: say that? Yeah, They're like, what year is it? Tim? 182 00:10:35,679 --> 00:10:39,400 Speaker 1: I apologize if anyone here is named Tim. But the 183 00:10:39,400 --> 00:10:43,360 Speaker 1: the idea of this goes back to a part of 184 00:10:43,920 --> 00:10:48,120 Speaker 1: American history that we don't often talk about outside of 185 00:10:48,160 --> 00:10:52,280 Speaker 1: maybe middle school, high school, the Great Depression, The world 186 00:10:52,440 --> 00:10:56,360 Speaker 1: of the hobo I tenerant workers without homes who had 187 00:10:56,400 --> 00:10:58,920 Speaker 1: to leave their communities due to the fact that there 188 00:10:58,920 --> 00:11:02,959 Speaker 1: were no means of sustainable employment. This world is often 189 00:11:03,080 --> 00:11:06,440 Speaker 1: romanticized nowadays, right you got that, You got the guy 190 00:11:06,480 --> 00:11:08,960 Speaker 1: with the bendle, then the stick with the bag and 191 00:11:09,000 --> 00:11:11,720 Speaker 1: like the crumpled hat, maybe a pipe or something, trusty 192 00:11:11,840 --> 00:11:14,160 Speaker 1: dog riding the rails, and not a care in the world. 193 00:11:14,200 --> 00:11:15,800 Speaker 1: Only kind of a lot of cares in the world, 194 00:11:15,840 --> 00:11:17,840 Speaker 1: because the world, as it turns out, it was a terrifying, 195 00:11:18,080 --> 00:11:21,440 Speaker 1: terrifying place um and they find themselves in that position, 196 00:11:21,640 --> 00:11:24,920 Speaker 1: not of any real action that they took. Perhaps it's 197 00:11:24,960 --> 00:11:26,920 Speaker 1: something that was kind of forced on them. If you 198 00:11:26,960 --> 00:11:29,280 Speaker 1: don't have a home, then this is this is kind 199 00:11:29,320 --> 00:11:31,760 Speaker 1: of what you do, and it's a it's a brutal 200 00:11:31,800 --> 00:11:37,160 Speaker 1: and demanding existence. And the problem with this is we 201 00:11:37,360 --> 00:11:40,880 Speaker 1: don't know too much about this community because it was 202 00:11:41,040 --> 00:11:46,559 Speaker 1: largely an oral tradition. These people weren't buying wings of museums, 203 00:11:46,679 --> 00:11:50,880 Speaker 1: they weren't financing some sort of scholarship program. You can 204 00:11:50,920 --> 00:11:53,400 Speaker 1: find some interviews, you can find a couple of books 205 00:11:53,440 --> 00:11:58,160 Speaker 1: by some intrepid journalists, and you can hear some i'll 206 00:11:58,200 --> 00:12:01,760 Speaker 1: say it creepy songs. The stayed in the American Songbook. 207 00:12:02,040 --> 00:12:05,000 Speaker 1: They might actually know Rock Candy Mountain. Oh yeah, yeah, 208 00:12:05,000 --> 00:12:08,600 Speaker 1: no one up north does. Nobody knows this song. People 209 00:12:08,640 --> 00:12:14,200 Speaker 1: in this audience know Rock Candy Mountain. Yeah, okay, so 210 00:12:14,280 --> 00:12:17,280 Speaker 1: there's uh the song, the version of it you hear 211 00:12:17,800 --> 00:12:23,280 Speaker 1: has one verse exercised from from what will typically play 212 00:12:23,360 --> 00:12:27,960 Speaker 1: on on a you know, blue bluegrass kind of station. 213 00:12:28,559 --> 00:12:31,920 Speaker 1: The last verse is it turns out the entire song 214 00:12:32,280 --> 00:12:37,160 Speaker 1: is a message from a hobo to a young runaway child, 215 00:12:37,760 --> 00:12:41,680 Speaker 1: and the last verse is the child saying, I am 216 00:12:41,800 --> 00:12:43,559 Speaker 1: not going to let you take what you call it, 217 00:12:43,640 --> 00:12:46,760 Speaker 1: no hobo hobo heaven. Yeah. Yeah, that's the Big Rock 218 00:12:46,800 --> 00:12:49,600 Speaker 1: Candy Mountain. Yeah, yeah, exactly. But now that way, now, 219 00:12:49,679 --> 00:12:51,559 Speaker 1: now you're making it makes it sound like hoboes were 220 00:12:51,559 --> 00:12:53,560 Speaker 1: like evil or something. That's not true. There were just 221 00:12:53,640 --> 00:12:55,640 Speaker 1: they were just people, which is but this is this 222 00:12:55,679 --> 00:12:57,960 Speaker 1: is the story of an evil hobo. But um yeah. So, 223 00:12:58,040 --> 00:13:01,000 Speaker 1: but the idea is really at the Big Rock Candy 224 00:13:01,000 --> 00:13:02,920 Speaker 1: Mountain is sort of like the thing you have to 225 00:13:02,960 --> 00:13:05,920 Speaker 1: look forward to in this you know, hard fought life 226 00:13:06,160 --> 00:13:08,400 Speaker 1: is basically the afterlife, because that's about the best you're 227 00:13:08,400 --> 00:13:11,600 Speaker 1: gonna get. But in the meantime, before this happens. There 228 00:13:11,640 --> 00:13:14,960 Speaker 1: were some pretty powerful symbols that were created to help 229 00:13:15,040 --> 00:13:19,280 Speaker 1: communicate conditions in this community that was known as the 230 00:13:19,360 --> 00:13:24,679 Speaker 1: Brotherhood of Yeah, the Brotherhood of the freight, right exactly. 231 00:13:24,800 --> 00:13:29,439 Speaker 1: So you can google Big Rock, Candy Mountain full lyrics 232 00:13:29,480 --> 00:13:34,200 Speaker 1: just by the way, We're not gonna recite them. But this, 233 00:13:34,200 --> 00:13:39,560 Speaker 1: this message, the system of symbols existed for uh, five 234 00:13:39,640 --> 00:13:43,080 Speaker 1: hundred thousand people in the early nineteen hundreds, and its 235 00:13:43,080 --> 00:13:46,000 Speaker 1: spiked a seven hundred thousand by nineteen eleven. By the 236 00:13:46,080 --> 00:13:49,880 Speaker 1: Great Depression, the number exploded and we reached we reached 237 00:13:49,880 --> 00:13:53,480 Speaker 1: something called peak hobo. That's the official term. That's that's 238 00:13:53,520 --> 00:13:57,640 Speaker 1: the scientific term. And while these people were on the rails, 239 00:13:57,720 --> 00:14:00,320 Speaker 1: living on the fringes of a society that did not 240 00:14:00,559 --> 00:14:06,240 Speaker 1: want them around, they devised a system that that we 241 00:14:06,320 --> 00:14:11,760 Speaker 1: would not recognize to communicate with one another. And this 242 00:14:11,760 --> 00:14:18,640 Speaker 1: this system, uh, this system was meant to warn other travelers, 243 00:14:18,679 --> 00:14:22,280 Speaker 1: other people in this brotherhood that you mentioned nol about 244 00:14:22,360 --> 00:14:26,040 Speaker 1: the conditions of the town they would find, or about 245 00:14:26,520 --> 00:14:31,000 Speaker 1: things that would be beneficial or to be a system 246 00:14:31,040 --> 00:14:34,520 Speaker 1: of warnings, right, And it didn't use words. Yeah, that's 247 00:14:34,600 --> 00:14:37,040 Speaker 1: this is highly important because a lot of this population 248 00:14:37,280 --> 00:14:40,760 Speaker 1: was either illiterate or they were speaking different languages, so 249 00:14:40,800 --> 00:14:44,080 Speaker 1: there wasn't a whole lot of common from a language perspective. 250 00:14:44,360 --> 00:14:49,360 Speaker 1: So it like, did you call it hoboglyphs already like 251 00:14:49,440 --> 00:14:52,200 Speaker 1: hieroglyphics in a way, because it is. It's it's um 252 00:14:52,720 --> 00:14:56,240 Speaker 1: you've you've likened it before to the IKEA, Yeah, the 253 00:14:56,400 --> 00:15:00,760 Speaker 1: IKEA instruction manual. Right, we've all bought disappointing furniture, Like 254 00:15:00,760 --> 00:15:03,080 Speaker 1: we know what that is. You know they're there are 255 00:15:03,080 --> 00:15:07,480 Speaker 1: no words. Those same manuals are printed and distributed across 256 00:15:07,520 --> 00:15:11,960 Speaker 1: the globe because everyone can get that that awkward humanoid 257 00:15:12,000 --> 00:15:14,640 Speaker 1: figure in their awkward buddy, Yeah you don't. You don't 258 00:15:14,680 --> 00:15:16,840 Speaker 1: need words for it, right, That's the whole point of this, 259 00:15:17,240 --> 00:15:23,280 Speaker 1: and that is the one indisputable, concrete remnant of this community, 260 00:15:23,600 --> 00:15:27,440 Speaker 1: this thing called hobo code. Let's do you guys want 261 00:15:27,480 --> 00:15:31,040 Speaker 1: to do some examples what hobo code Islets, so, let's 262 00:15:31,040 --> 00:15:32,880 Speaker 1: say you're going into a new town and you're looking 263 00:15:32,920 --> 00:15:35,160 Speaker 1: for food as you may want to do, as we 264 00:15:35,200 --> 00:15:38,680 Speaker 1: all usually want to do, and they're somebody has come 265 00:15:38,720 --> 00:15:41,520 Speaker 1: along and found a good free food source from some 266 00:15:41,640 --> 00:15:43,960 Speaker 1: building or some group of people that lives in an area, 267 00:15:44,240 --> 00:15:47,000 Speaker 1: So you'll you'd note this to anyone else who comes 268 00:15:47,040 --> 00:15:50,800 Speaker 1: after you by making a T. Except it's not just 269 00:15:50,840 --> 00:15:53,560 Speaker 1: any t. It's like a box and then another box. 270 00:15:53,880 --> 00:15:56,720 Speaker 1: It looks similar to tetris and the good pieces you know, 271 00:15:56,800 --> 00:16:00,240 Speaker 1: the law, the important ones you know. Um, but that's 272 00:16:00,280 --> 00:16:01,960 Speaker 1: kind of cool. So if you if you note that 273 00:16:02,040 --> 00:16:05,120 Speaker 1: somewhere in your town, perhaps this means there's a good 274 00:16:05,240 --> 00:16:06,560 Speaker 1: source of free food there. Well. There is even like 275 00:16:06,600 --> 00:16:08,160 Speaker 1: a variation of it where I believe it had a 276 00:16:08,160 --> 00:16:10,680 Speaker 1: cross up on the side, which implied that if you 277 00:16:10,840 --> 00:16:13,360 Speaker 1: talk religion or like kind of act like your end 278 00:16:13,400 --> 00:16:15,520 Speaker 1: to Jesus, that they will give you free food. So 279 00:16:15,560 --> 00:16:18,720 Speaker 1: that's another important little tip. Um. We have another one 280 00:16:18,760 --> 00:16:22,280 Speaker 1: that would warn people about the state of like natural resources, 281 00:16:22,320 --> 00:16:25,600 Speaker 1: like a water supply that may have been like tainted. 282 00:16:25,960 --> 00:16:28,600 Speaker 1: So that would be a squiggly line with like another 283 00:16:28,640 --> 00:16:30,600 Speaker 1: line on top and another line on the bottom. And 284 00:16:30,600 --> 00:16:32,120 Speaker 1: now will let him know to like avoid this well 285 00:16:32,160 --> 00:16:35,760 Speaker 1: because it will make you intensely ill. Right, good stuff 286 00:16:35,800 --> 00:16:38,400 Speaker 1: to know, Yeah, need food, need water. I'm gonna give 287 00:16:38,440 --> 00:16:40,960 Speaker 1: you some warnings just so you know. And the people 288 00:16:41,040 --> 00:16:43,520 Speaker 1: who lived in these communities would have no idea what 289 00:16:43,600 --> 00:16:46,160 Speaker 1: these symbols were. I mean a capital T. You would 290 00:16:46,160 --> 00:16:49,800 Speaker 1: just be like, wow, that guy's name must be Tim again, 291 00:16:49,840 --> 00:16:52,120 Speaker 1: I hope no one. And they also like, it's not 292 00:16:52,160 --> 00:16:55,880 Speaker 1: like it was alarmingly large or like printed in some 293 00:16:56,360 --> 00:16:58,400 Speaker 1: super central place. It would be in a place that 294 00:16:58,560 --> 00:17:01,040 Speaker 1: these folks would maybe know where to look for them. Yeah, 295 00:17:01,120 --> 00:17:03,600 Speaker 1: and kind of temporary with like chalk or coal or 296 00:17:03,640 --> 00:17:06,040 Speaker 1: something that was readily available. And there was there was 297 00:17:06,080 --> 00:17:10,280 Speaker 1: a darker side to this as well, because in many cases, 298 00:17:10,280 --> 00:17:14,280 Speaker 1: perhaps a preponderance of cases this these symbols were meant 299 00:17:14,520 --> 00:17:19,200 Speaker 1: to warn uh, to warn other travelers of danger. There 300 00:17:19,240 --> 00:17:22,120 Speaker 1: would be something that looks like a square, but it's 301 00:17:22,160 --> 00:17:24,280 Speaker 1: turned on a corner, so it's sort of a diamond 302 00:17:24,480 --> 00:17:27,119 Speaker 1: and it has one line going up and that meant 303 00:17:27,440 --> 00:17:30,240 Speaker 1: be out of this town by sundown, be ready to 304 00:17:30,320 --> 00:17:33,960 Speaker 1: defend yourself. There's no way someone could guess that, right, 305 00:17:34,440 --> 00:17:36,600 Speaker 1: I mean no. And that's the thing too about this language, 306 00:17:36,600 --> 00:17:39,480 Speaker 1: in the way it evolves. It was experiential, so you know, 307 00:17:39,680 --> 00:17:44,040 Speaker 1: these folks would have to um have these experiences enough 308 00:17:44,200 --> 00:17:46,280 Speaker 1: to the point where it would spread and they would 309 00:17:46,280 --> 00:17:48,399 Speaker 1: know to look for these symbols. Because it wouldn't just 310 00:17:48,400 --> 00:17:50,719 Speaker 1: happen overnight, because some of them you could kind of 311 00:17:50,720 --> 00:17:52,639 Speaker 1: I kea and figure out, oh, I think this is 312 00:17:52,680 --> 00:17:54,840 Speaker 1: what this means. But ones like this we're a little 313 00:17:54,840 --> 00:17:57,840 Speaker 1: bit more um shrouded and kind of mystery, and law 314 00:17:57,920 --> 00:18:01,680 Speaker 1: enforcement plays a big role. Series of interlocking circles mean 315 00:18:02,000 --> 00:18:05,520 Speaker 1: handcuffs or law enforcement will put you in a chain gang. 316 00:18:05,560 --> 00:18:07,600 Speaker 1: I like the point that you bring up here, Nol, 317 00:18:07,920 --> 00:18:12,800 Speaker 1: because although the term hobo code is very fun to say, 318 00:18:12,880 --> 00:18:16,200 Speaker 1: tried it at home, the reality of this is that 319 00:18:16,240 --> 00:18:20,480 Speaker 1: this was a language built on tragedy and suffering and blood. 320 00:18:20,880 --> 00:18:24,520 Speaker 1: And it sounds like a neat historical footnote. But here's 321 00:18:24,560 --> 00:18:29,600 Speaker 1: the thing. These secret messages exist today. People are still alive. 322 00:18:29,720 --> 00:18:33,240 Speaker 1: Thousands and thousands of people are riding the rails, are 323 00:18:33,280 --> 00:18:37,119 Speaker 1: living on the fringes of society and using new iterations 324 00:18:37,200 --> 00:18:40,520 Speaker 1: of this code to communicate. So Atlanta has got a 325 00:18:40,520 --> 00:18:42,960 Speaker 1: pretty decent train hopping community. If you've ever been to 326 00:18:42,960 --> 00:18:45,040 Speaker 1: a little Five Points, like you see the folks with 327 00:18:45,080 --> 00:18:47,120 Speaker 1: like the dogs, with the bandanas and stuff. I mean, 328 00:18:47,119 --> 00:18:49,320 Speaker 1: that's sort of that's like a modern hobo. I'm not kidding. 329 00:18:49,320 --> 00:18:51,160 Speaker 1: And I grew up with kids like that that would 330 00:18:51,280 --> 00:18:53,800 Speaker 1: hop trains and made a whole way of life around it, 331 00:18:54,040 --> 00:18:57,320 Speaker 1: and they kind of carry on some of these traditions. Yeah, 332 00:18:57,400 --> 00:19:00,679 Speaker 1: So does this mean that the word old of secret 333 00:19:00,720 --> 00:19:04,280 Speaker 1: symbols and languages is relegated to people who are maybe 334 00:19:04,320 --> 00:19:07,040 Speaker 1: burnouts or on the lamb or living on the fringes 335 00:19:07,080 --> 00:19:09,720 Speaker 1: of society. And we solved it is that, Yes, we 336 00:19:09,760 --> 00:19:14,280 Speaker 1: have And that concludes the show. So coming, thank you, 337 00:19:14,400 --> 00:19:18,520 Speaker 1: thank you. It's disappointing. Oh We're we gonna keep going. Yeah, yeah, 338 00:19:18,560 --> 00:19:21,480 Speaker 1: we should, We probably should. But it's true, it's not 339 00:19:21,560 --> 00:19:25,760 Speaker 1: that simple. Secret symbols also exist in the world of art, right. 340 00:19:26,600 --> 00:19:29,160 Speaker 1: We we explored things in the past, like the toy 341 00:19:29,320 --> 00:19:32,399 Speaker 1: be tiles. What are those meant? There are these weird 342 00:19:32,480 --> 00:19:37,359 Speaker 1: linonium art pieces that get pushed into the ground in 343 00:19:37,520 --> 00:19:40,680 Speaker 1: in asphalt on streets in mostly Philadelphia and New York 344 00:19:40,720 --> 00:19:43,760 Speaker 1: and other places like that. And it says toyb idea 345 00:19:44,359 --> 00:19:50,000 Speaker 1: in movie two thousand one resurrect dead on Jupiter. Cool, right, 346 00:19:50,800 --> 00:19:53,320 Speaker 1: really cool. There's a couple other flavors of them as 347 00:19:53,359 --> 00:19:55,199 Speaker 1: well as far as the text. But I mean, but 348 00:19:55,320 --> 00:19:59,320 Speaker 1: this is the main idea that the idea, I mean yeah, 349 00:19:59,359 --> 00:20:01,280 Speaker 1: I mean it's we don't know, we don't know who 350 00:20:01,320 --> 00:20:05,320 Speaker 1: makes them. It's it's in English, it's using the alphabet. Well, 351 00:20:05,440 --> 00:20:07,320 Speaker 1: it doesn't mean that toy and Bee felt like he 352 00:20:07,440 --> 00:20:10,240 Speaker 1: was plagiarized by Stanley Kubrick in two thousand one Space 353 00:20:10,240 --> 00:20:12,879 Speaker 1: Odyssey was there resurrecting of dead on Jupiter and Space 354 00:20:13,200 --> 00:20:17,560 Speaker 1: really really not in the interpretation theatrical release. But then 355 00:20:17,600 --> 00:20:20,760 Speaker 1: there are other works of art like the Codex Saraphinus 356 00:20:20,880 --> 00:20:26,040 Speaker 1: or the Yeah. Yeah, they're purposely created to have some 357 00:20:26,119 --> 00:20:31,359 Speaker 1: sort of inscrutable language, and they are known to be 358 00:20:31,440 --> 00:20:35,520 Speaker 1: works of fiction. So does that mean then that the 359 00:20:35,640 --> 00:20:39,920 Speaker 1: world of secret signs and symbols is relegated to uh, 360 00:20:40,320 --> 00:20:45,119 Speaker 1: relatively cerebral works of art or the fringes of mainstream culture. 361 00:20:45,560 --> 00:20:47,640 Speaker 1: I'm gonna say no this time because I feel like 362 00:20:48,000 --> 00:20:50,399 Speaker 1: that's probably a better answer. Yeah, we can move on, 363 00:20:50,480 --> 00:20:53,200 Speaker 1: we can move forward to the next thing that they're relegated. Yeah. Yeah, 364 00:20:53,240 --> 00:20:56,560 Speaker 1: So the world of secret symbols actually goes much much, much, 365 00:20:56,680 --> 00:20:59,800 Speaker 1: much much deeper. In fact, as we all came to 366 00:21:00,119 --> 00:21:03,760 Speaker 1: Terminal West tonight, we may well have carried some of 367 00:21:03,800 --> 00:21:07,760 Speaker 1: the world's most famous agglomerations of secret symbols with us 368 00:21:08,080 --> 00:21:11,840 Speaker 1: in our pockets, in our wallets and our purses, in 369 00:21:11,920 --> 00:21:14,520 Speaker 1: our Fannie packs. I hear those are making a come back. 370 00:21:14,640 --> 00:21:16,240 Speaker 1: I'm a fan of the Fannie pack. I mean it's 371 00:21:16,240 --> 00:21:21,520 Speaker 1: a utilitarian yet stylish accessory. I have no problem with 372 00:21:21,560 --> 00:21:22,960 Speaker 1: the Fanti pack. You can wear it on the side, 373 00:21:23,200 --> 00:21:25,840 Speaker 1: right on the back, wear it on the front. What. Yeah, So, 374 00:21:27,040 --> 00:21:31,800 Speaker 1: according to numerous critics, the most powerful secret symbols anti 375 00:21:31,840 --> 00:21:35,879 Speaker 1: Fanni pac man. What's your problem? Because we already we 376 00:21:35,920 --> 00:21:39,240 Speaker 1: already got you a present. Are you gonna? Are you serious? 377 00:21:39,320 --> 00:21:45,280 Speaker 1: It's a Gucci bag, Fanni pac man it. We'll just 378 00:21:45,320 --> 00:21:48,879 Speaker 1: please really really good. Yeah, please make surprise. Oh my gosh, 379 00:21:48,920 --> 00:21:51,240 Speaker 1: you got Okay, no, when we get the Fanti pack. 380 00:21:51,960 --> 00:21:58,280 Speaker 1: But but it does go much deeper, because these secret 381 00:21:58,280 --> 00:22:00,919 Speaker 1: symbols that people will argue are are most powerful in 382 00:22:00,960 --> 00:22:05,960 Speaker 1: our world today, are on something we and you and 383 00:22:06,000 --> 00:22:10,600 Speaker 1: your fellow Americans carry with you every single moment theoretically, 384 00:22:10,840 --> 00:22:13,040 Speaker 1: and it's a weird thing. It's a really dirty thing 385 00:22:13,240 --> 00:22:18,120 Speaker 1: about it carries traces of fecal matter. Yeah yeah yeah. 386 00:22:18,720 --> 00:22:22,640 Speaker 1: But as we are recording this right now, statistically speaking, 387 00:22:22,680 --> 00:22:25,720 Speaker 1: people are literally murdering one another for a chance to 388 00:22:25,720 --> 00:22:33,040 Speaker 1: touch it. Hight percent of it carries traces of cocaine. 389 00:22:33,240 --> 00:22:36,159 Speaker 1: These are both conservative estimates, by the way, despite the 390 00:22:36,200 --> 00:22:39,200 Speaker 1: fact that possession of this drug carries very harsh consequences 391 00:22:39,520 --> 00:22:43,520 Speaker 1: conspiracy realists. We're talking about by far the most ubiquitous 392 00:22:43,600 --> 00:22:46,719 Speaker 1: medium for hidden symbols in the Western world. It is 393 00:22:46,760 --> 00:22:50,040 Speaker 1: the US dollar. Feel free to take one out after 394 00:22:50,119 --> 00:22:53,960 Speaker 1: you heard the statistics about ship and uh, and if 395 00:22:54,000 --> 00:22:58,160 Speaker 1: you have it, check the designs as it. You don't 396 00:22:58,200 --> 00:23:01,080 Speaker 1: have to. Oh my god, dude, did you not hear 397 00:23:01,119 --> 00:23:06,240 Speaker 1: the stats doesn't continue? Okay, well, I mean it's better 398 00:23:06,240 --> 00:23:09,719 Speaker 1: than that. I heard was like a d feces and 399 00:23:09,720 --> 00:23:15,440 Speaker 1: cocaine out, But I'm gonna yeah. So if you've if 400 00:23:15,440 --> 00:23:18,280 Speaker 1: you've seen the back of one dollar bill, if you have, 401 00:23:18,440 --> 00:23:21,240 Speaker 1: your odds are pretty good as far as not touching 402 00:23:21,320 --> 00:23:23,639 Speaker 1: coop on balance, if you want to hold this with 403 00:23:23,720 --> 00:23:25,960 Speaker 1: us uh. If you've ever seen the back of this bill, 404 00:23:26,640 --> 00:23:30,320 Speaker 1: one thing will immediately stick out. It's engraved with a 405 00:23:30,440 --> 00:23:35,680 Speaker 1: gigantic stone pyramid similar to what you would see in Egypt. 406 00:23:35,680 --> 00:23:40,520 Speaker 1: There's a desert the whole nine that's weird and just 407 00:23:40,560 --> 00:23:44,320 Speaker 1: a giant pyramid it's fine, it's fine. Yeah. Pyramids are 408 00:23:44,320 --> 00:23:49,080 Speaker 1: like a classic move architecturally speaking, right, yes, but there's 409 00:23:49,119 --> 00:23:52,280 Speaker 1: something different about this pyramid. Right. Instead of a normal capstone, 410 00:23:52,400 --> 00:23:55,960 Speaker 1: there's a floating capstone suspended in mid air with this 411 00:23:56,080 --> 00:23:58,840 Speaker 1: all seeing I just sort of staring out at you, 412 00:23:58,920 --> 00:24:01,800 Speaker 1: kind of like the the eye of Sauron and Lord 413 00:24:01,800 --> 00:24:06,119 Speaker 1: of the Rings mystical ship. Yeah, I mean it's weird. 414 00:24:06,240 --> 00:24:09,120 Speaker 1: It's not quite on brand with the US. It really 415 00:24:09,119 --> 00:24:12,040 Speaker 1: does stare right right at you and like it follows 416 00:24:12,080 --> 00:24:14,440 Speaker 1: you when you move around the room, which is weird 417 00:24:14,480 --> 00:24:18,640 Speaker 1: considering how small it is. Right right, And this symbol, uh, 418 00:24:18,800 --> 00:24:22,000 Speaker 1: this symbol has several names. One of the most popular 419 00:24:22,080 --> 00:24:25,439 Speaker 1: names comes from Christian mythology. It's called the eye of Providence. 420 00:24:25,480 --> 00:24:30,280 Speaker 1: And usually when we are looking into early Christian mythology 421 00:24:30,320 --> 00:24:34,080 Speaker 1: and folklore, we defer to Matt. So Matt, not to 422 00:24:34,080 --> 00:24:35,480 Speaker 1: put you on the spot, but to put you on 423 00:24:35,520 --> 00:24:38,000 Speaker 1: the spot in front of a bunch of people. What 424 00:24:38,000 --> 00:24:40,679 Speaker 1: what's the eye of providence? Oh? Well, in this case, 425 00:24:40,800 --> 00:24:42,920 Speaker 1: we're we're talking about the symbol of a triangle. Right, 426 00:24:43,040 --> 00:24:46,800 Speaker 1: triangle has three angles to it, three sides. What could 427 00:24:46,840 --> 00:24:50,680 Speaker 1: that mean? It's probably the three aspects of God, right, 428 00:24:51,000 --> 00:24:54,120 Speaker 1: father son, you can say with me, holy Spirit? Why 429 00:24:54,160 --> 00:25:00,000 Speaker 1: does Holy Spirit get too? They said that to say, 430 00:25:00,000 --> 00:25:05,719 Speaker 1: it's not, it's not. It's good. Thanks, there's there's this. 431 00:25:06,119 --> 00:25:08,919 Speaker 1: One of the first known appearances of this comes in 432 00:25:09,080 --> 00:25:12,800 Speaker 1: a painting called The Supper of Maus, created by a 433 00:25:12,800 --> 00:25:17,280 Speaker 1: guy named Caravaggio for the Carthusians in like fifteen twenty five. 434 00:25:17,760 --> 00:25:20,159 Speaker 1: But it's not it's not super blatant. This is the 435 00:25:20,160 --> 00:25:22,440 Speaker 1: one though, that contains that there's rays of light that 436 00:25:22,480 --> 00:25:25,560 Speaker 1: we talked about A Yeah, I mentioned exactly the emanating 437 00:25:25,600 --> 00:25:28,640 Speaker 1: from this this triangle, and this painting is what first 438 00:25:28,640 --> 00:25:31,200 Speaker 1: featured that in Like, I think it's a reflection through 439 00:25:31,200 --> 00:25:33,440 Speaker 1: a glass or something. It's pretty subtle, but it's meant 440 00:25:33,440 --> 00:25:41,200 Speaker 1: to be like this divine light of Christ. Somewhat cool. Yeah, 441 00:25:41,359 --> 00:25:45,080 Speaker 1: So if you go even further back in history, you 442 00:25:45,160 --> 00:25:48,080 Speaker 1: will see that this wasn't always called the Eye of Providence. 443 00:25:48,400 --> 00:25:54,080 Speaker 1: It does have some sort of folkloreic precedents, let's say 444 00:25:54,320 --> 00:25:58,280 Speaker 1: in Egypt. Oh, yeah, you're talking about the Eye of Horace, 445 00:25:58,600 --> 00:26:04,560 Speaker 1: a different odd horse of a sky god um that 446 00:26:04,680 --> 00:26:07,000 Speaker 1: was represented by that. I you've probably seen it before. 447 00:26:07,040 --> 00:26:11,440 Speaker 1: It looks like it has some really killer eyeshadow going on. Yeah, 448 00:26:11,480 --> 00:26:13,960 Speaker 1: you probably see like a smoky eye. It is really 449 00:26:16,200 --> 00:26:19,800 Speaker 1: learned a lot from my wife about eyeshadow. It's important. 450 00:26:19,840 --> 00:26:24,640 Speaker 1: It's important stuff. Um. But this, this horse, this god 451 00:26:24,640 --> 00:26:33,080 Speaker 1: horse is also sometimes often depicted as a falcon. You're alive, well, 452 00:26:33,119 --> 00:26:35,520 Speaker 1: and you may you may notice on the other side 453 00:26:35,520 --> 00:26:36,879 Speaker 1: of the bill that we're going to talk about a 454 00:26:36,920 --> 00:26:40,520 Speaker 1: little later. Uh, there's a big old eagle hanging out. 455 00:26:41,640 --> 00:26:43,800 Speaker 1: You think he's got a name, like an official name 456 00:26:43,920 --> 00:26:47,639 Speaker 1: in the parlance of this this symbolism and imagery. What 457 00:26:47,720 --> 00:26:52,320 Speaker 1: he looks Gregory Gregory. Okay, Yeah, that checks out. Yeah, okay, 458 00:26:52,359 --> 00:26:55,600 Speaker 1: so Gregory the Eagle, Gregory the Eagle. Let's fast forward 459 00:26:55,640 --> 00:26:59,120 Speaker 1: to the United States. How did this weird symbol end 460 00:26:59,240 --> 00:27:03,080 Speaker 1: up on the dollars that we're trading and apparently pooping 461 00:27:03,119 --> 00:27:06,720 Speaker 1: on every day? Uh, it's it's a weird story. It 462 00:27:06,760 --> 00:27:10,399 Speaker 1: wasn't always there. The eye itself was not originally on 463 00:27:10,480 --> 00:27:12,880 Speaker 1: the dollar. The pyramid and the eye are both part 464 00:27:12,880 --> 00:27:16,080 Speaker 1: of a much older thing called the Great Seal. Way 465 00:27:16,160 --> 00:27:20,960 Speaker 1: back in seventeen seventy six, around July four, Surprise, Benjamin 466 00:27:21,000 --> 00:27:24,199 Speaker 1: Franklin and John Adams and a few others were thinking 467 00:27:24,240 --> 00:27:28,640 Speaker 1: to each other, how do we make these thirteen states 468 00:27:28,720 --> 00:27:31,919 Speaker 1: look more like more legit? Yeah, yeah, like, how do 469 00:27:31,960 --> 00:27:33,879 Speaker 1: we we want to make an impression? You know what 470 00:27:33,960 --> 00:27:37,640 Speaker 1: we should bring? We need branding, we should get a stamp, 471 00:27:37,760 --> 00:27:40,840 Speaker 1: you guys, like, let's stamp some stuff, you know. And 472 00:27:40,920 --> 00:27:43,680 Speaker 1: so they came up with this great seal. It's approved 473 00:27:43,720 --> 00:27:49,399 Speaker 1: on what June two correct, And these symbols themselves are 474 00:27:49,440 --> 00:27:52,520 Speaker 1: supposed to reflect the beliefs of the founding fathers, some 475 00:27:52,640 --> 00:27:55,879 Speaker 1: pretty standard I would say, beliefs when you're creating a 476 00:27:55,880 --> 00:28:02,160 Speaker 1: new country. Uh what what are these beliefs? Independent enlightenment? Right, 477 00:28:02,200 --> 00:28:06,920 Speaker 1: these are these are important things. But those two ideas 478 00:28:06,960 --> 00:28:09,440 Speaker 1: have something in common with a lot of movements or 479 00:28:09,480 --> 00:28:12,440 Speaker 1: a big movement that was occurring around that same time. Yeah. 480 00:28:12,560 --> 00:28:16,320 Speaker 1: Someone in the audience right now is like, Freemason's I 481 00:28:16,440 --> 00:28:19,200 Speaker 1: know it. I know they were free icy. Yeah, thanks 482 00:28:19,240 --> 00:28:23,040 Speaker 1: for coming. Do we have any Freemasons? Is it your 483 00:28:23,080 --> 00:28:28,680 Speaker 1: grandpapa Freemason? There was some association with my family. Is that? 484 00:28:28,920 --> 00:28:31,280 Speaker 1: Is that all you can say? That's saying we asked 485 00:28:31,320 --> 00:28:34,640 Speaker 1: him this question every show. I'm cool though, I'm cool. Yeah, 486 00:28:34,680 --> 00:28:36,679 Speaker 1: because is it like cop rules. Do you have to 487 00:28:36,720 --> 00:28:41,320 Speaker 1: tell us that you're a mason if we ask? Alright? 488 00:28:41,320 --> 00:28:44,240 Speaker 1: Moving on, Moving on. So the front of the seal, 489 00:28:44,280 --> 00:28:46,880 Speaker 1: as you said, not to picks a bald eagle holding 490 00:28:47,000 --> 00:28:51,000 Speaker 1: and olive branch and one claw and uh and arrows 491 00:28:51,080 --> 00:28:54,120 Speaker 1: and the other right piece of war cool, I get it, 492 00:28:54,360 --> 00:28:59,520 Speaker 1: dichotomys that's tight. But the but the reverse side, the 493 00:28:59,520 --> 00:29:02,040 Speaker 1: back of this heal is what shows the pyramid and 494 00:29:02,080 --> 00:29:05,920 Speaker 1: the eye. And the founding fathers said, oh, this represents 495 00:29:05,920 --> 00:29:09,080 Speaker 1: strength and durability. And they're like, why is the capstone floating? 496 00:29:09,160 --> 00:29:13,400 Speaker 1: That's weird And they're like, ah, it's because the pyramids unfinished, 497 00:29:13,440 --> 00:29:17,920 Speaker 1: because you guys, the nation's unfinished, and they were in 498 00:29:17,960 --> 00:29:22,200 Speaker 1: Benjamin Franklin is probably like, oh, think about it, because 499 00:29:22,200 --> 00:29:24,440 Speaker 1: he's totally that type, you know what I mean. Yeah, 500 00:29:24,520 --> 00:29:26,480 Speaker 1: he was kind of an actually kind of dude. He 501 00:29:26,600 --> 00:29:29,760 Speaker 1: was so actually that's like his thing. So if you 502 00:29:29,880 --> 00:29:32,479 Speaker 1: go to the Bureau of Engraving and Printing, those are 503 00:29:32,480 --> 00:29:35,000 Speaker 1: the people who make these coupons today. If you go 504 00:29:35,120 --> 00:29:37,920 Speaker 1: to the Bureau of Engraving and Printing, you'll find it's 505 00:29:37,960 --> 00:29:40,840 Speaker 1: not on the official tour. You're taking this tour, Yeah, 506 00:29:41,320 --> 00:29:44,480 Speaker 1: is it? Is it cool? Yeah? It's dope, man, Okay, 507 00:29:44,680 --> 00:29:47,360 Speaker 1: should yeah, you still go take a date or something. 508 00:29:47,400 --> 00:29:49,640 Speaker 1: But what what what question do I ask to get? 509 00:29:49,680 --> 00:29:53,200 Speaker 1: Like the real line, not not just the official party line? 510 00:29:53,400 --> 00:29:56,040 Speaker 1: Who do I talk to you? And what do I say? Yeah, well, 511 00:29:56,080 --> 00:29:59,200 Speaker 1: if you find one of the employees just sort of 512 00:29:59,360 --> 00:30:01,800 Speaker 1: hanging out off the record, they're like, I don't know, 513 00:30:02,040 --> 00:30:04,520 Speaker 1: subway or five guys because they're underpaid and they're just 514 00:30:04,560 --> 00:30:07,440 Speaker 1: willing to dish. So okay, so yeah, what are they saying? 515 00:30:07,440 --> 00:30:09,840 Speaker 1: And then probably you're really really good with strangers, they 516 00:30:09,840 --> 00:30:11,480 Speaker 1: probably want to talk to And that's very kind of 517 00:30:11,720 --> 00:30:14,160 Speaker 1: that's true, It's true. What's what's the unofficial? Okay? So 518 00:30:14,280 --> 00:30:16,360 Speaker 1: the unofficial stuff is pretty much the party line we 519 00:30:16,480 --> 00:30:19,200 Speaker 1: discussed earlier. The pyramids met in some way to symbolize 520 00:30:19,360 --> 00:30:21,920 Speaker 1: the lasting power of the US, similar to the way 521 00:30:21,960 --> 00:30:25,360 Speaker 1: the Pyramids of Old with the test of time. Times. Yeah, 522 00:30:25,920 --> 00:30:27,600 Speaker 1: you know, you know what I found out today. If 523 00:30:27,600 --> 00:30:29,959 Speaker 1: you go to the Federal Reserve in Atlanta and you 524 00:30:30,000 --> 00:30:33,160 Speaker 1: take a tour, it's the monet National Monetary Museum. You 525 00:30:33,240 --> 00:30:36,280 Speaker 1: actually will they'll give you a bag of money when 526 00:30:36,280 --> 00:30:39,760 Speaker 1: you leave. Shredd up. Shredded though. That kind of sucks. 527 00:30:39,960 --> 00:30:43,640 Speaker 1: But that's kind of interesting, right You can't like you 528 00:30:43,680 --> 00:30:46,080 Speaker 1: can't like tape it back together. You would, but you 529 00:30:46,120 --> 00:30:49,320 Speaker 1: have to be very it's probably really thin shreds. They 530 00:30:49,320 --> 00:30:52,320 Speaker 1: probably have really solid industrial shredders there. They would have 531 00:30:52,360 --> 00:30:56,600 Speaker 1: to let us know if you do tape back a 532 00:30:56,720 --> 00:30:59,160 Speaker 1: dollar and tell us where to bring them. Just by 533 00:30:59,160 --> 00:31:02,880 Speaker 1: the way, sue the actual dollar, the actual dollar one. 534 00:31:03,120 --> 00:31:06,240 Speaker 1: You saw a pyramid eagle, all the weird stuff. There's 535 00:31:06,240 --> 00:31:09,320 Speaker 1: a hidden owl or spider in there as well. Uh, 536 00:31:09,360 --> 00:31:12,440 Speaker 1: it didn't come about until nine. There's a guy named 537 00:31:12,440 --> 00:31:17,000 Speaker 1: Henry Wallace and he is the Secretary of Agriculture, which 538 00:31:17,040 --> 00:31:21,440 Speaker 1: has nothing to do with anything under President Roosevelt. And 539 00:31:21,560 --> 00:31:23,800 Speaker 1: he sees a pamphlet on the Great Seal, and we 540 00:31:23,880 --> 00:31:28,920 Speaker 1: have a factually accurate historical reenactment of this. He walks 541 00:31:29,000 --> 00:31:32,160 Speaker 1: up to the President and he's like, Rusie boy, you know, 542 00:31:32,280 --> 00:31:35,240 Speaker 1: it's this thing about the Great Seal. It's a get 543 00:31:35,280 --> 00:31:39,320 Speaker 1: the motto. It's Novas Ordos aclora new Order of the Ages. 544 00:31:39,400 --> 00:31:41,200 Speaker 1: That's kind of like your think you know what it 545 00:31:41,320 --> 00:31:45,240 Speaker 1: was like in the mafia. Yeah, yeah, yeah, in this version. Yeah, 546 00:31:45,560 --> 00:31:47,800 Speaker 1: And he's like, it's like new Deal of the Ages. 547 00:31:47,960 --> 00:31:50,760 Speaker 1: This is perfect. And then Roosevelt says, never call me 548 00:31:50,920 --> 00:31:53,680 Speaker 1: Rosie boy ever again. And then he punches him. But 549 00:31:53,720 --> 00:31:55,360 Speaker 1: he's like a cool idea. I like this, let's go 550 00:31:55,400 --> 00:31:58,120 Speaker 1: for him. Yeah, And Wallace is like, you know, we 551 00:31:58,120 --> 00:32:00,320 Speaker 1: should put that on a coin or something. That would 552 00:32:00,320 --> 00:32:02,440 Speaker 1: be dope. People love that kind of thing, you know. 553 00:32:02,640 --> 00:32:05,880 Speaker 1: And then Roosevelt they're collectible. They're collectable, you know, they're 554 00:32:05,920 --> 00:32:09,280 Speaker 1: like the original POGs. But no, Roosevelt says, I will 555 00:32:09,320 --> 00:32:12,160 Speaker 1: do you one better, my good sir, and he says, 556 00:32:12,160 --> 00:32:14,920 Speaker 1: we're gonna put it on the most circulated piece of 557 00:32:14,960 --> 00:32:18,479 Speaker 1: American currency that exists, which is the dollar. Yes, in 558 00:32:18,520 --> 00:32:23,160 Speaker 1: this case, the one dollar silver certificate, right, which means 559 00:32:23,280 --> 00:32:26,600 Speaker 1: that in five when this thing came out, theoretically on 560 00:32:26,680 --> 00:32:29,480 Speaker 1: paper and hopefully in practice, you could walk to someone 561 00:32:29,480 --> 00:32:32,440 Speaker 1: and you could be like, here's the thing, give me 562 00:32:32,960 --> 00:32:35,440 Speaker 1: this much silver, and they would be like, well, he's 563 00:32:35,440 --> 00:32:38,080 Speaker 1: got the certificate or she's got the certificate. They would 564 00:32:38,080 --> 00:32:41,520 Speaker 1: give you silver, which was a big deal. I guess. Yeah. 565 00:32:41,560 --> 00:32:43,960 Speaker 1: You could. You could kill a lot of werewolves if 566 00:32:43,960 --> 00:32:47,360 Speaker 1: you had enough dollars. Huge problems. There was a werewolf epidemic, 567 00:32:47,400 --> 00:32:49,760 Speaker 1: and it was it was hard time. True. There's a 568 00:32:49,840 --> 00:32:53,880 Speaker 1: documentary about that properly. But so so now the question 569 00:32:54,000 --> 00:32:56,880 Speaker 1: is there are no more silver certificates right at least 570 00:32:56,960 --> 00:33:01,720 Speaker 1: actionable silver certificates. So what does this dollar that we've 571 00:33:01,760 --> 00:33:04,760 Speaker 1: been discussing stand for, like in the real world, what 572 00:33:04,960 --> 00:33:09,200 Speaker 1: is its value based on? It's a fiat currency. I 573 00:33:09,240 --> 00:33:11,600 Speaker 1: know everybody in this room knows this, but we're gonna 574 00:33:11,640 --> 00:33:14,760 Speaker 1: talk about it because it's really we really got to 575 00:33:14,800 --> 00:33:17,120 Speaker 1: hit at home for the rest of this episode. Okay, 576 00:33:17,480 --> 00:33:21,520 Speaker 1: currency is not an automobile. No, no, it's not beautiful, 577 00:33:21,640 --> 00:33:26,000 Speaker 1: cute little automobiles. You'll you'll often hear people talk about this, 578 00:33:26,040 --> 00:33:28,200 Speaker 1: how the US dollar is a fiad currency, and that 579 00:33:28,280 --> 00:33:32,560 Speaker 1: just means that the what this is worth, it's not 580 00:33:32,640 --> 00:33:36,200 Speaker 1: backed up by any kind of metal or anything like that. 581 00:33:36,400 --> 00:33:39,360 Speaker 1: It's just it has value because some authority figure in 582 00:33:39,360 --> 00:33:42,680 Speaker 1: this case, a government, says that it has value. It's 583 00:33:42,760 --> 00:33:46,600 Speaker 1: literally a faith rectangle. That's what this is. It's an 584 00:33:46,720 --> 00:33:50,800 Speaker 1: article of faith. We all agreed, and I don't want 585 00:33:50,800 --> 00:33:53,280 Speaker 1: to call anybody out, so I'll call all of us out. 586 00:33:53,640 --> 00:33:57,080 Speaker 1: We all agree to continue to do agree that this 587 00:33:57,120 --> 00:34:00,640 Speaker 1: thing is worth a thing, and we're like to everybody 588 00:34:00,680 --> 00:34:03,840 Speaker 1: wants to be cool, everybody wants to fit in. Someone's like, hey, 589 00:34:03,880 --> 00:34:06,680 Speaker 1: I have like twenty of these, and we're all like, oh, nice, 590 00:34:07,240 --> 00:34:09,800 Speaker 1: good job. That's way better than a bed bath and 591 00:34:09,880 --> 00:34:13,719 Speaker 1: beyond coupon. You know what it means if some really 592 00:34:13,760 --> 00:34:16,160 Speaker 1: cool stuff. They do have some steals, they have some boys. 593 00:34:16,600 --> 00:34:18,759 Speaker 1: If you're like my friend Alex over there, you can 594 00:34:18,920 --> 00:34:21,600 Speaker 1: gather up like a hundred thousands of these and they 595 00:34:21,640 --> 00:34:24,640 Speaker 1: will give you a house. Isn't that crazy? But if 596 00:34:24,640 --> 00:34:27,759 Speaker 1: you paid in singles? Can you imagine paying for a 597 00:34:27,760 --> 00:34:31,239 Speaker 1: house with dollars like in a big giant sack would 598 00:34:31,239 --> 00:34:33,480 Speaker 1: be a baller move. I have to say they'd have 599 00:34:33,560 --> 00:34:35,279 Speaker 1: to take it, but they would probably be like, oh, 600 00:34:35,320 --> 00:34:38,120 Speaker 1: so what drugs do you say? They'd make a face. Yeah, yeah, 601 00:34:38,120 --> 00:34:42,520 Speaker 1: those dollars will probably be like cocaine. But but it's 602 00:34:42,520 --> 00:34:46,560 Speaker 1: imperative and crucial to remember that despite the symbols this 603 00:34:46,760 --> 00:34:51,120 Speaker 1: bears US currency itself is a symbol of something else, 604 00:34:51,360 --> 00:34:54,399 Speaker 1: the power behind the paper, if you will, it's it's 605 00:34:54,440 --> 00:34:58,400 Speaker 1: something that is a bookieyman in so many conspiracy theories 606 00:34:58,440 --> 00:35:01,760 Speaker 1: ever since its creation. It's something we call the US 607 00:35:01,880 --> 00:35:05,759 Speaker 1: Federal Reserve. Oh and we're going to talk about the 608 00:35:05,800 --> 00:35:08,840 Speaker 1: Federal Reserve. Right after a quick word from our sponsor, 609 00:35:17,480 --> 00:35:22,480 Speaker 1: we're live. Okay, jeez, I keep okay. It's really hard 610 00:35:22,520 --> 00:35:24,560 Speaker 1: to break these habits, you know. We usually we usually 611 00:35:24,600 --> 00:35:26,440 Speaker 1: do this show like in a in like a weird 612 00:35:26,480 --> 00:35:29,840 Speaker 1: shipping container with no windows. I don't really even know 613 00:35:29,880 --> 00:35:31,920 Speaker 1: what time of day it is, and we get an 614 00:35:31,920 --> 00:35:35,040 Speaker 1: electric shock delivered to us by Paul to have to break. 615 00:35:35,440 --> 00:35:40,800 Speaker 1: So we're kind of like Pavlovian dogs of podcasting behaviorism, 616 00:35:40,880 --> 00:35:43,200 Speaker 1: Like we're so trained when we're just hanging out, we 617 00:35:43,280 --> 00:35:47,000 Speaker 1: take commercial breaks. But we're back, but we're back. We're back. Okay. 618 00:35:47,040 --> 00:35:49,360 Speaker 1: So here's how it started. The U S has a 619 00:35:49,520 --> 00:35:53,520 Speaker 1: incredibly muddy history with the idea of central banks. That's 620 00:35:53,560 --> 00:35:57,120 Speaker 1: what the Federal Reserve is. A central bank is just 621 00:35:57,200 --> 00:36:01,080 Speaker 1: a financial institution that's supposed to make sure the coupons 622 00:36:01,120 --> 00:36:05,160 Speaker 1: the country uses will retain the same value they had 623 00:36:05,280 --> 00:36:07,759 Speaker 1: yesterday and have it in the present day and have 624 00:36:07,840 --> 00:36:10,600 Speaker 1: something like that tomorrow. Mat you made a face, But 625 00:36:10,640 --> 00:36:12,359 Speaker 1: that's that was the train. There's a train like right 626 00:36:12,440 --> 00:36:15,480 Speaker 1: up there and occasionally goes, well, I was trying to 627 00:36:15,520 --> 00:36:17,120 Speaker 1: focus on what Ben was saying. But yeah, the train 628 00:36:17,160 --> 00:36:19,560 Speaker 1: freaked me out there a little bit. We'll go, we'll 629 00:36:19,600 --> 00:36:23,200 Speaker 1: go look for hobo code later, Okay. Yes. So so 630 00:36:23,239 --> 00:36:26,040 Speaker 1: the FED, it turns out, is not not the first 631 00:36:26,080 --> 00:36:29,799 Speaker 1: central bank. In fact, it is the third. It's the 632 00:36:29,840 --> 00:36:32,920 Speaker 1: third try that our country has made at this end. 633 00:36:33,480 --> 00:36:38,000 Speaker 1: The the first one dates all the way back to 634 00:36:38,280 --> 00:36:41,840 Speaker 1: Alexander Hamilton's. Alexander Hamilton's. You know, I think I figured 635 00:36:41,840 --> 00:36:44,839 Speaker 1: out why lin Manuel Miranda decided to write a musical 636 00:36:44,840 --> 00:36:47,640 Speaker 1: about Alexander Hamilton's because it's just the cadence of saying 637 00:36:47,680 --> 00:36:51,839 Speaker 1: that name. It's just perfect. It's beautiful, you know, it's 638 00:36:51,880 --> 00:36:55,960 Speaker 1: just it's a perfect name for for a musical. Alien 639 00:36:55,960 --> 00:36:59,920 Speaker 1: things I haven't done. And you know, we all record 640 00:37:00,000 --> 00:37:05,080 Speaker 1: eyes Alexander Hamilton's from his recent renaissance in the world 641 00:37:05,080 --> 00:37:07,520 Speaker 1: of musicals. Uh, it turns out as a real person 642 00:37:07,600 --> 00:37:11,160 Speaker 1: actually did some stuff. Was a It was the first 643 00:37:11,160 --> 00:37:16,520 Speaker 1: Secretary of the Treasury and was super was was super 644 00:37:16,520 --> 00:37:21,600 Speaker 1: perplexed and worried. After the Revolutionary War, which on the 645 00:37:21,640 --> 00:37:24,399 Speaker 1: other side of the pond they call the American War 646 00:37:24,440 --> 00:37:29,640 Speaker 1: of Independence, somebody asked us that earlier it wasn't the 647 00:37:29,640 --> 00:37:34,040 Speaker 1: peasants uprisings, but I still referred to that probably in 648 00:37:34,120 --> 00:37:40,560 Speaker 1: some circles, Oh sure, sure. And and so Hambleton's believed 649 00:37:40,600 --> 00:37:45,800 Speaker 1: that the US needed some sort of banking authority because 650 00:37:45,800 --> 00:37:48,880 Speaker 1: otherwise he thought the country would be doomed. It turns 651 00:37:48,880 --> 00:37:53,480 Speaker 1: out that wars are crazy expensive, you know. And he 652 00:37:53,680 --> 00:37:58,080 Speaker 1: envisioned this bank as quote, a profit making institution with 653 00:37:58,160 --> 00:38:01,560 Speaker 1: private shareholder is holding full it's it's stock at dilecting 654 00:38:01,640 --> 00:38:04,759 Speaker 1: four fits of its directors. Was it was this ways 655 00:38:04,880 --> 00:38:07,319 Speaker 1: like Oliver Twist or something. Yeah, and this in this 656 00:38:07,440 --> 00:38:11,000 Speaker 1: version is it's pretty much twist. This is highly important though, 657 00:38:11,320 --> 00:38:14,640 Speaker 1: Let's not lose any of this a profit making institution 658 00:38:15,120 --> 00:38:18,680 Speaker 1: first of all, and four fives of its directors it's 659 00:38:18,719 --> 00:38:23,080 Speaker 1: stock and directors would be private shareholders for fifths. That's 660 00:38:23,120 --> 00:38:26,920 Speaker 1: a lot of private interest in this giant profit making bank. 661 00:38:27,280 --> 00:38:29,320 Speaker 1: And that that means, I mean that is important. That 662 00:38:29,480 --> 00:38:34,200 Speaker 1: that means that only twenty percent of the steering wheel 663 00:38:34,239 --> 00:38:36,400 Speaker 1: and they would have no idea what a steering wheel is. 664 00:38:36,480 --> 00:38:39,320 Speaker 1: Let's just be clear. It means like of the steering 665 00:38:39,360 --> 00:38:44,799 Speaker 1: wheel belongs to the country affected by this concept, and 666 00:38:44,880 --> 00:38:47,920 Speaker 1: so we would imagine that Hamilton and Co. Had to 667 00:38:47,960 --> 00:38:50,319 Speaker 1: come up with a really good pitch for this, right. 668 00:38:50,400 --> 00:38:52,279 Speaker 1: They were like, we need a name, like a real 669 00:38:52,400 --> 00:38:55,120 Speaker 1: banger name. It's the it's the first. Uh, it's the 670 00:38:55,160 --> 00:38:57,160 Speaker 1: first central Bank of the US. It's the first bank, 671 00:38:57,239 --> 00:39:01,600 Speaker 1: first bank, first bank. How about the first bank? Oh ship, 672 00:39:01,840 --> 00:39:05,600 Speaker 1: great idea, right, and and so they were like, that's 673 00:39:05,640 --> 00:39:08,560 Speaker 1: the best, that's the best. A burst of creativity. Well, 674 00:39:08,600 --> 00:39:10,960 Speaker 1: I mean it's descriptive, you know. I mean they were 675 00:39:11,000 --> 00:39:14,040 Speaker 1: just trying to be utilitarian with their naming conventions. And 676 00:39:14,080 --> 00:39:16,040 Speaker 1: we'll see this carry on throughout the story. But there 677 00:39:16,080 --> 00:39:19,719 Speaker 1: were people who opposed this idea. We've had Thomas Jefferson, 678 00:39:20,000 --> 00:39:25,080 Speaker 1: James Madison, they were super against it. But despite their outrage, uh, 679 00:39:25,160 --> 00:39:30,360 Speaker 1: it was past. It was created in Congress granted the 680 00:39:30,360 --> 00:39:32,760 Speaker 1: Bank of the United States, the first Bank, a twenty 681 00:39:32,840 --> 00:39:36,279 Speaker 1: year charter and to try it out, just to try 682 00:39:36,320 --> 00:39:38,279 Speaker 1: it out, just give it a go, just twenty that's 683 00:39:38,320 --> 00:39:41,600 Speaker 1: that's twenty that's not a commitment. Right, So then the 684 00:39:41,640 --> 00:39:44,920 Speaker 1: bank's charter comes up, right, Yeah, in eighteen eleven, but 685 00:39:45,000 --> 00:39:48,080 Speaker 1: this time James Madison is president. This guy knows how 686 00:39:48,120 --> 00:39:51,560 Speaker 1: to hold a grudge. He says, no way, not happening. 687 00:39:51,920 --> 00:39:54,560 Speaker 1: I'm in charge now. I don't know what a steering 688 00:39:54,560 --> 00:39:57,600 Speaker 1: wheel is, but I'm probably at it. And we're not 689 00:39:57,640 --> 00:39:59,880 Speaker 1: going to extend this bank. We are firing the bank. 690 00:40:00,239 --> 00:40:03,799 Speaker 1: Critics were on his side. They said this was, uh, 691 00:40:04,120 --> 00:40:07,680 Speaker 1: this was injurious to economic growth. It was holding the 692 00:40:07,800 --> 00:40:11,160 Speaker 1: nation back. But there's something else that's crazy that you 693 00:40:11,200 --> 00:40:13,400 Speaker 1: won't find with a lot unless you dig into it 694 00:40:13,400 --> 00:40:15,759 Speaker 1: a little bit. Remember how we talked earlier about four 695 00:40:15,960 --> 00:40:19,440 Speaker 1: fifths of the first Bank being held by private interests. 696 00:40:19,760 --> 00:40:23,440 Speaker 1: Of that, of that, two thirds of the bank was 697 00:40:23,520 --> 00:40:28,239 Speaker 1: owned by private British and British interest Yeah. Like I'm 698 00:40:28,239 --> 00:40:32,120 Speaker 1: stuttering a little because it's weird, right, It's like that's crazy. 699 00:40:32,200 --> 00:40:35,560 Speaker 1: Like imagine it's like imagine you get divorced with from 700 00:40:35,560 --> 00:40:38,120 Speaker 1: someone and you're like, you know, we've we've gotten divorced. 701 00:40:38,320 --> 00:40:42,360 Speaker 1: Uh we should get a credit card, Yeah, joint bank account. Here, 702 00:40:42,400 --> 00:40:44,759 Speaker 1: here's the keys to my house and uh and you can, 703 00:40:44,840 --> 00:40:48,080 Speaker 1: you know, have like three fifths of my cat let's 704 00:40:48,080 --> 00:40:51,319 Speaker 1: do it. What a plan? Right? Uh? And that's mind 705 00:40:51,360 --> 00:40:54,719 Speaker 1: blowing to me. I had never known that ever before. Um, 706 00:40:54,760 --> 00:40:57,040 Speaker 1: And it makes sense because a lot of the money 707 00:40:57,360 --> 00:40:59,759 Speaker 1: was was in British hands at this time, right, but 708 00:41:00,000 --> 00:41:03,879 Speaker 1: still to allow it to occur seems atrocious. Well, that's 709 00:41:03,920 --> 00:41:10,200 Speaker 1: just me, and discontinues for about a year. In eighteen twelve, 710 00:41:10,840 --> 00:41:15,080 Speaker 1: something occurs with another very creative name, now the War 711 00:41:15,160 --> 00:41:17,839 Speaker 1: of eighteen twelve. Yeah, it was a war, and they 712 00:41:17,840 --> 00:41:20,880 Speaker 1: were like, what do we call it? Uh So in 713 00:41:21,360 --> 00:41:26,320 Speaker 1: eighteen twelve, President Madison changes his mind and he says, 714 00:41:26,400 --> 00:41:28,759 Speaker 1: I might not fully agree with this thing, but we 715 00:41:28,800 --> 00:41:31,719 Speaker 1: need something. We need something. Well, it's because things have 716 00:41:31,760 --> 00:41:34,239 Speaker 1: been relatively chill and you know, the there was a 717 00:41:34,239 --> 00:41:35,759 Speaker 1: peace time and I was like, you know, we don't 718 00:41:35,800 --> 00:41:38,240 Speaker 1: need this bank. We're fine without it. And then, almost 719 00:41:38,239 --> 00:41:40,399 Speaker 1: as though there were a pattern, war flares up again. 720 00:41:40,400 --> 00:41:42,120 Speaker 1: It's like ah shah, we gotta figure out how to 721 00:41:42,360 --> 00:41:44,200 Speaker 1: finance this. It's almost though we need some kind of 722 00:41:44,280 --> 00:41:48,640 Speaker 1: central bank. So we'll make another one right right exactly, 723 00:41:48,880 --> 00:41:51,600 Speaker 1: And that's that's what they do. And they say, we 724 00:41:51,640 --> 00:41:54,160 Speaker 1: can only imagine. They say, well, that was kind of 725 00:41:54,320 --> 00:41:56,680 Speaker 1: that was kind of dry the first run. That was 726 00:41:56,760 --> 00:41:59,520 Speaker 1: kind of It's weird that war turns out to be expensive. 727 00:41:59,560 --> 00:42:01,800 Speaker 1: You don't really to get a price break. Who knew 728 00:42:02,239 --> 00:42:04,680 Speaker 1: and uh, they're like, we need a better name, though, 729 00:42:05,080 --> 00:42:11,000 Speaker 1: we need a name that will inspire creativity, ambition, entrepreneurship. 730 00:42:11,120 --> 00:42:14,759 Speaker 1: The Second Bank, that's it. That's it. So in a 731 00:42:14,840 --> 00:42:17,560 Speaker 1: burst of creativity, they're like, let's call the Second Bank 732 00:42:17,800 --> 00:42:19,919 Speaker 1: and you know what you're getting, you know, it's yeah, 733 00:42:20,239 --> 00:42:25,520 Speaker 1: that's right. This last eighteen thirty two branch. President Andrew 734 00:42:25,600 --> 00:42:30,720 Speaker 1: Jackson is in office and he's like, no, this is malarkey. 735 00:42:30,760 --> 00:42:33,600 Speaker 1: I'm done with it. We're out of this. As a result, 736 00:42:33,640 --> 00:42:36,560 Speaker 1: the US had no central bank from the mid eighteen 737 00:42:36,640 --> 00:42:42,120 Speaker 1: thirties to nineteen thirteen, and during this time numerous terrible, 738 00:42:42,239 --> 00:42:45,880 Speaker 1: terrible things occurred. Yeah, they're just crashes all over the place. 739 00:42:46,320 --> 00:42:48,279 Speaker 1: We don't have to ramble them off. But it's like 740 00:42:48,360 --> 00:42:54,040 Speaker 1: eighteen seventy three h three. And then this thing happens 741 00:42:54,040 --> 00:42:56,800 Speaker 1: in nineteen o seven, called the Panic of nineteen o seven, 742 00:42:57,040 --> 00:43:02,040 Speaker 1: which would lead to um some series serious problems. Yeah, 743 00:43:02,120 --> 00:43:04,200 Speaker 1: it was the It was sort of the feather on 744 00:43:04,280 --> 00:43:09,400 Speaker 1: the financial camel's back and the government, the people in 745 00:43:09,440 --> 00:43:11,640 Speaker 1: the government looked round at each other and they were like, 746 00:43:11,920 --> 00:43:15,120 Speaker 1: rump for um parumph, something must be done or own 747 00:43:15,160 --> 00:43:19,080 Speaker 1: forum for umph. And as so often happens in American politics. 748 00:43:19,640 --> 00:43:23,319 Speaker 1: Everyone could agree there was a problem, no one could 749 00:43:23,360 --> 00:43:26,960 Speaker 1: agree how to solve it, and they all hated each other. 750 00:43:27,160 --> 00:43:30,840 Speaker 1: That doesn't sound familiar at all, right, Right, So it 751 00:43:31,000 --> 00:43:34,319 Speaker 1: was even a matter of calling one party corrupt or 752 00:43:34,320 --> 00:43:37,279 Speaker 1: one group corrupt, It wasn't. It was a matter of 753 00:43:37,320 --> 00:43:39,800 Speaker 1: which pocket you were in, and well, you're in the 754 00:43:39,800 --> 00:43:42,040 Speaker 1: pocket of special interest. Well you're in the pocket of 755 00:43:42,040 --> 00:43:44,160 Speaker 1: those fat cats at Wall Street. Well I don't know 756 00:43:44,200 --> 00:43:48,320 Speaker 1: which pocket you're in, but screw that pocket, you know. Yeah, 757 00:43:48,360 --> 00:43:51,759 Speaker 1: And this also trickled down to, like, you know, the citizenship. 758 00:43:51,800 --> 00:43:55,440 Speaker 1: I mean, people distrusted these fat cat bankers as you 759 00:43:55,719 --> 00:43:58,440 Speaker 1: refer to them, um a lot, and it was just 760 00:43:58,719 --> 00:44:02,799 Speaker 1: there was no support for this kind of situation. Yeah, yeah, yeah. 761 00:44:02,840 --> 00:44:05,520 Speaker 1: The years leading up to this, like we've we've seen 762 00:44:05,600 --> 00:44:10,560 Speaker 1: political satire cartoons in the New Yorker and stuff. Back then, 763 00:44:10,719 --> 00:44:14,920 Speaker 1: they were insane. They were not subtle. There was again 764 00:44:15,280 --> 00:44:20,240 Speaker 1: like this this top hat, monocled king, sword wielding banker 765 00:44:20,320 --> 00:44:24,200 Speaker 1: guy coming out to Midwest America putting his hand wrist 766 00:44:24,239 --> 00:44:27,120 Speaker 1: deep in a baby's mouth, pulling out food, and people 767 00:44:27,120 --> 00:44:31,920 Speaker 1: were like, what could be done? Yeah, don't google those 768 00:44:32,000 --> 00:44:35,719 Speaker 1: propaganda campaigns. Okay, they're just they're pretty racist, and there 769 00:44:35,760 --> 00:44:40,759 Speaker 1: were there were also there were also um crazy protest 770 00:44:40,880 --> 00:44:44,160 Speaker 1: public outcry, what are we going to do? You know 771 00:44:44,160 --> 00:44:47,040 Speaker 1: what I mean? The nineteen thirties sees the rise of 772 00:44:47,080 --> 00:44:50,320 Speaker 1: a very serious progressive movement and so often ignored in 773 00:44:50,480 --> 00:44:56,240 Speaker 1: history books today. But even more importantly, the same captains 774 00:44:56,280 --> 00:45:00,400 Speaker 1: of industry, the same political titans who in public hated 775 00:45:00,440 --> 00:45:04,600 Speaker 1: and vilified one another, we're meeting behind the scenes, away 776 00:45:04,600 --> 00:45:07,920 Speaker 1: from the public eye, and just a little bit, just 777 00:45:07,960 --> 00:45:10,200 Speaker 1: a little bit of a quieter pitch they were going 778 00:45:10,480 --> 00:45:15,359 Speaker 1: around for for all, something must be done around for fun. 779 00:45:15,600 --> 00:45:19,040 Speaker 1: We should maybe like do it so that it lines 780 00:45:19,080 --> 00:45:22,160 Speaker 1: our pockets and our our political cronies pockets and our 781 00:45:22,480 --> 00:45:26,319 Speaker 1: banking bro buddy pockets. Because we're all in a pocket, right, 782 00:45:26,440 --> 00:45:31,719 Speaker 1: everyone in a pocket. So a guy named us, this 783 00:45:31,760 --> 00:45:33,920 Speaker 1: is an important character in the story, guy named Senator 784 00:45:33,960 --> 00:45:38,080 Speaker 1: Nelson Aldrich in UM. He gathered a group of said 785 00:45:38,280 --> 00:45:41,360 Speaker 1: banking bros and political cronies, uh, and he called it 786 00:45:41,400 --> 00:45:45,040 Speaker 1: the National Monetary Commission. And the idea was to study 787 00:45:45,600 --> 00:45:49,920 Speaker 1: um potential economic reforms, reforms to the financial system. And 788 00:45:49,920 --> 00:45:52,680 Speaker 1: there's nothing wrong with that right, something must be done. Okay, 789 00:45:52,760 --> 00:45:55,480 Speaker 1: let's take some action. Let's let's bring private and public 790 00:45:55,480 --> 00:45:57,479 Speaker 1: interest together and figure out what needs to be done. 791 00:45:57,640 --> 00:46:00,399 Speaker 1: A noble A noble pursuit. There we go. Oh yeah, 792 00:46:00,560 --> 00:46:03,640 Speaker 1: chin up right. And so for two years, the National 793 00:46:03,640 --> 00:46:08,200 Speaker 1: Monetary Commission UH investigates this idea of central banks in 794 00:46:08,200 --> 00:46:11,600 Speaker 1: another country. How do you replicate that? How do I 795 00:46:11,640 --> 00:46:14,080 Speaker 1: don't want to be too divisive yet and say, I 796 00:46:14,120 --> 00:46:16,440 Speaker 1: think they were like, how do you make money off this? 797 00:46:16,560 --> 00:46:21,960 Speaker 1: As Nol was saying in November of two years later. Uh, 798 00:46:22,000 --> 00:46:24,959 Speaker 1: Senator Nelson. We'll just call him by his first name 799 00:46:24,960 --> 00:46:28,239 Speaker 1: for now and it'll come into play later. Nelson. Uh 800 00:46:28,480 --> 00:46:32,439 Speaker 1: Nelson is in the midst of financial disaster. People are 801 00:46:32,600 --> 00:46:36,840 Speaker 1: literally starving, and uh, he says, you know what, I know, 802 00:46:36,960 --> 00:46:39,120 Speaker 1: it's a I'm a senator and it's my job to 803 00:46:39,200 --> 00:46:42,480 Speaker 1: take care of the American public. But I'm gonna take 804 00:46:42,520 --> 00:46:45,400 Speaker 1: some me time, you know, Like I'm gonna like, when's 805 00:46:45,400 --> 00:46:48,319 Speaker 1: the last time he just traveled for fun? I'm gonna 806 00:46:48,360 --> 00:46:51,840 Speaker 1: take a field trip. And this wasn't widely reported in 807 00:46:51,960 --> 00:46:55,080 Speaker 1: the papers of the time. The few reporters who did 808 00:46:55,160 --> 00:46:57,960 Speaker 1: bother to ask were told that he was going on 809 00:46:58,080 --> 00:47:00,759 Speaker 1: a duck hunt, not the Nintendo game that wasn't around. 810 00:47:01,200 --> 00:47:03,879 Speaker 1: He was going. He was like, yeah, the country's they're 811 00:47:03,920 --> 00:47:06,080 Speaker 1: like the country's burning down. And he's like yeah, but 812 00:47:06,160 --> 00:47:08,680 Speaker 1: you know, like mallards, they just get to me. As 813 00:47:08,719 --> 00:47:12,800 Speaker 1: long as you have that dog, I mean, that's fine, right, 814 00:47:11,520 --> 00:47:15,799 Speaker 1: that dog wasn't That dog was an asshole man, that guy. 815 00:47:16,000 --> 00:47:19,759 Speaker 1: You can control it with the second player controller. How 816 00:47:19,840 --> 00:47:22,560 Speaker 1: is you can control the ducks? The dog just shows 817 00:47:22,640 --> 00:47:25,359 Speaker 1: up like Clippy and Microsoft. The dogs just a dick. 818 00:47:25,480 --> 00:47:28,440 Speaker 1: Don't about the ducks with the second controller. Yes, we 819 00:47:28,440 --> 00:47:29,759 Speaker 1: should do a show about this. We should do a 820 00:47:29,800 --> 00:47:32,279 Speaker 1: Nintendo conspiracy. We should play it. But for now, we're 821 00:47:32,280 --> 00:47:34,200 Speaker 1: talking about an actual duck hunt, or you know, at 822 00:47:34,239 --> 00:47:36,840 Speaker 1: least the notion of an actual duct. So where is 823 00:47:36,840 --> 00:47:39,040 Speaker 1: he conducting this stuff? So you guys have heard of 824 00:47:39,080 --> 00:47:40,920 Speaker 1: a place called Jekyll Island. Have you guys heard of 825 00:47:40,960 --> 00:47:44,919 Speaker 1: this place is? Anyway? Then I went once you went, well, 826 00:47:44,960 --> 00:47:48,120 Speaker 1: I didn't hang out there, right, I can't get in 827 00:47:48,239 --> 00:47:49,799 Speaker 1: and hang out. What do you mean you just like 828 00:47:49,840 --> 00:47:52,000 Speaker 1: we're doing like recon. You were just like checking it out, 829 00:47:52,040 --> 00:47:54,760 Speaker 1: like peeking through the I was in the area hedge Maze, 830 00:47:55,160 --> 00:47:57,879 Speaker 1: like I was in the area. This is a different show. 831 00:47:57,920 --> 00:47:59,960 Speaker 1: But Jackill Island, what's that If you're not from the 832 00:48:00,160 --> 00:48:02,719 Speaker 1: jack Alan it is still and certainly was even more 833 00:48:02,760 --> 00:48:07,080 Speaker 1: so than um an incredibly opulent getaway for the super 834 00:48:07,200 --> 00:48:10,000 Speaker 1: super super one percent of the one percent of the 835 00:48:10,000 --> 00:48:12,560 Speaker 1: one percent rich. Uh to you know, go do their 836 00:48:12,640 --> 00:48:16,840 Speaker 1: things and maybe have secret meetings and pretend duck hunts. Well, Okay, 837 00:48:16,960 --> 00:48:20,280 Speaker 1: so in their defense, by the way, Nelson takes five 838 00:48:20,360 --> 00:48:24,160 Speaker 1: of his buddies, which we'll get to. In their defense, Uh, 839 00:48:24,239 --> 00:48:27,480 Speaker 1: this was not an obviously fake cover story. There is 840 00:48:27,480 --> 00:48:30,760 Speaker 1: a duck hunting season. It starts in November around this time, 841 00:48:31,080 --> 00:48:34,440 Speaker 1: stops for a little bit, it resumes from December to January. 842 00:48:34,560 --> 00:48:39,080 Speaker 1: So maybe they were, Maybe they were hunting ducks. Maybe 843 00:48:39,080 --> 00:48:42,479 Speaker 1: they were Like in the end, it doesn't matter, right, right, 844 00:48:42,560 --> 00:48:46,960 Speaker 1: So these his five buddies. It turns out, surprise, surprise, 845 00:48:47,239 --> 00:48:49,520 Speaker 1: I hope this is not a shamala move for everybody. 846 00:48:49,680 --> 00:48:51,920 Speaker 1: It turns out that they were very prominent in the 847 00:48:51,960 --> 00:48:54,640 Speaker 1: world of private banking, and they were very active. The 848 00:48:54,719 --> 00:48:59,960 Speaker 1: thing Nole mentioned earlier, the National Monetary Commission. And despite 849 00:49:00,320 --> 00:49:03,759 Speaker 1: the fact that these fellows had enormous power here in 850 00:49:03,760 --> 00:49:07,200 Speaker 1: the US and abroad. They were afree to be seen 851 00:49:07,960 --> 00:49:11,480 Speaker 1: hanging out with each other. So one by so, Nelson 852 00:49:11,480 --> 00:49:15,840 Speaker 1: Aldrich hooks up this really sick customized rail car, like 853 00:49:15,920 --> 00:49:19,239 Speaker 1: it's it's got mahogany, it's got chrome, it's very uh, 854 00:49:19,239 --> 00:49:22,879 Speaker 1: it's flashy and uh heuh. He decides the best way 855 00:49:22,880 --> 00:49:24,920 Speaker 1: to hide it is to hook it up to a 856 00:49:24,960 --> 00:49:29,880 Speaker 1: train in New Jersey, and one by one, these prominent 857 00:49:29,920 --> 00:49:34,440 Speaker 1: titans and captains of industry sneak onto the train, not 858 00:49:34,440 --> 00:49:37,879 Speaker 1: not using their names, and because I think they had 859 00:49:37,920 --> 00:49:39,560 Speaker 1: they had to have at least like one servant. I 860 00:49:39,560 --> 00:49:42,440 Speaker 1: think they definitely paired down the staff, which was that 861 00:49:42,520 --> 00:49:44,200 Speaker 1: was huge for them, right, But the whole thing they 862 00:49:44,239 --> 00:49:46,240 Speaker 1: had to use only their first name because they wanted 863 00:49:46,280 --> 00:49:49,919 Speaker 1: to maintain some level of anonymity. So who's in there? Yeah, 864 00:49:49,960 --> 00:49:51,960 Speaker 1: So under cover of night, one at a time, these 865 00:49:52,000 --> 00:49:54,320 Speaker 1: guys sneak into this rail car. We've got Frank Vanderlip 866 00:49:54,360 --> 00:49:57,680 Speaker 1: of National City Bank, Henry Davison of Morgan Bank. We've 867 00:49:57,719 --> 00:50:01,520 Speaker 1: got Paul Warburg of the coon Low Investment House. These 868 00:50:01,520 --> 00:50:04,080 Speaker 1: are all names that stick around to this day and 869 00:50:04,160 --> 00:50:06,719 Speaker 1: companies that have gone through various name changes, but are 870 00:50:06,719 --> 00:50:09,279 Speaker 1: still basically doing the same thing. We've got a P. R. 871 00:50:09,440 --> 00:50:12,719 Speaker 1: Andrews from earlier who was then the Assistant Secretary of 872 00:50:12,760 --> 00:50:15,280 Speaker 1: the Treasury Department. And we also have Arthur B. Shelton, 873 00:50:15,360 --> 00:50:18,440 Speaker 1: who was the Secretary of that National Monetary Commission that 874 00:50:18,480 --> 00:50:20,439 Speaker 1: was kind of doing some of the legwork that led 875 00:50:20,520 --> 00:50:23,160 Speaker 1: up to this meeting. And they, you know, they may 876 00:50:23,200 --> 00:50:27,359 Speaker 1: have actually hunted ducks, but on the way they by 877 00:50:27,400 --> 00:50:30,960 Speaker 1: the time they were done, they had discussed and formulated 878 00:50:31,080 --> 00:50:36,640 Speaker 1: a plan in secret to create another central bank. And 879 00:50:36,680 --> 00:50:39,520 Speaker 1: they were like the two times that's a gaming But hey, 880 00:50:39,640 --> 00:50:43,840 Speaker 1: lucky number three, right right, And uh, we've got a question. 881 00:50:43,920 --> 00:50:46,920 Speaker 1: Why why was this meeting held in secret? Well, the 882 00:50:46,920 --> 00:50:48,840 Speaker 1: biggest thing is that they knew and we've kind of 883 00:50:48,920 --> 00:50:50,800 Speaker 1: just touched on it, but they knew that if the 884 00:50:50,880 --> 00:50:53,799 Speaker 1: word got out that they were trying to present this 885 00:50:53,880 --> 00:50:56,560 Speaker 1: kind of idea from both the private and public side, 886 00:50:57,000 --> 00:51:00,400 Speaker 1: the House of Representatives of the People that actually represented 887 00:51:00,440 --> 00:51:03,440 Speaker 1: the public of the United States would absolutely shut this 888 00:51:03,480 --> 00:51:06,879 Speaker 1: thing down before it even became a thing, right, So 889 00:51:07,200 --> 00:51:09,800 Speaker 1: they had to keep it as secret as possible. And 890 00:51:09,840 --> 00:51:12,399 Speaker 1: then we're gonna find out a little later because it 891 00:51:12,440 --> 00:51:15,799 Speaker 1: does happen the spoiler alert. Uh, the way they got 892 00:51:15,800 --> 00:51:18,960 Speaker 1: it past was a little right right, Well, I mean 893 00:51:19,000 --> 00:51:23,200 Speaker 1: it makes sense it was associated any anything associated with 894 00:51:23,320 --> 00:51:27,040 Speaker 1: fact way Okay, I gotta stop, all right, So I've 895 00:51:27,040 --> 00:51:30,320 Speaker 1: been using the phrase fat cat a lot tonight. I 896 00:51:30,520 --> 00:51:34,719 Speaker 1: want to apologize. I do have a fat cat at home. Uh, 897 00:51:34,760 --> 00:51:37,120 Speaker 1: and I don't want to be disrespectful. His name is 898 00:51:37,200 --> 00:51:40,239 Speaker 1: Mr Jack Potts. I will show you pictures on Instagram 899 00:51:40,280 --> 00:51:42,960 Speaker 1: after the show if you wish. So you should come 900 00:51:43,040 --> 00:51:44,680 Speaker 1: up with a new word then, so you're kind of 901 00:51:44,719 --> 00:51:49,040 Speaker 1: like not throwing your your sweet boys under the bus. Yeah, 902 00:51:49,360 --> 00:51:51,759 Speaker 1: big feeline, I don't know. We just we invested your 903 00:51:51,840 --> 00:51:55,440 Speaker 1: much time, just like uh, anti fat cat prejudice. Right 904 00:51:55,760 --> 00:51:58,440 Speaker 1: here we are. So it's true though, Matt, like, they 905 00:51:58,640 --> 00:52:01,680 Speaker 1: knew that this would immediately be dead in the water, 906 00:52:02,600 --> 00:52:05,440 Speaker 1: and that is why they held this meeting in secret. 907 00:52:05,480 --> 00:52:10,920 Speaker 1: But holding this meeting in secret in nten uh, this 908 00:52:11,239 --> 00:52:17,520 Speaker 1: results in a breeding ground for speculation, right rumor metastasizes 909 00:52:17,600 --> 00:52:21,600 Speaker 1: it becomes conspiracy theory because no one knows what's going on. 910 00:52:21,719 --> 00:52:24,600 Speaker 1: But since we have decided to be here tonight, we 911 00:52:24,719 --> 00:52:29,160 Speaker 1: won't be conspiracy theorists. Let's be conspiracy realists. And that 912 00:52:29,239 --> 00:52:32,399 Speaker 1: means that we can't believe were accept a bunch of 913 00:52:32,440 --> 00:52:36,640 Speaker 1: speculation without fact. So here's a fact for you. There's 914 00:52:36,640 --> 00:52:40,640 Speaker 1: a fact we found. Uh. These guys did not admit 915 00:52:41,080 --> 00:52:45,440 Speaker 1: that this meeting ever happened for years and years and years. 916 00:52:45,560 --> 00:52:48,640 Speaker 1: It was not until the nineteen thirties in the depression 917 00:52:48,880 --> 00:52:52,960 Speaker 1: where we like, well one or two of them said, uh, yeah, 918 00:52:53,000 --> 00:52:56,400 Speaker 1: I mean this thing happened. We didn't really hunt ducks. 919 00:52:56,480 --> 00:53:00,640 Speaker 1: That was just we thought it sounded cool. And they 920 00:53:00,640 --> 00:53:03,120 Speaker 1: called themselves the First Names Club, like we mentioned. So 921 00:53:03,320 --> 00:53:05,600 Speaker 1: by the end of that time on Jackal Island, Aldrich 922 00:53:05,680 --> 00:53:08,440 Speaker 1: and all his his guys had developed this plan for 923 00:53:08,480 --> 00:53:11,120 Speaker 1: a Reserve Association of America, which would be a single 924 00:53:11,280 --> 00:53:15,319 Speaker 1: central bank with branches across the country. And then on 925 00:53:15,400 --> 00:53:19,960 Speaker 1: December twenty three, nineteen thirteen, Woodrow Wilson agreed, he signed 926 00:53:20,080 --> 00:53:24,160 Speaker 1: the Federal Reserve into existence. Yeah. Yeah, and this was 927 00:53:24,960 --> 00:53:28,279 Speaker 1: December twenty three. Tricky thing. A lot of a lot 928 00:53:28,280 --> 00:53:31,360 Speaker 1: of legislators at home with their families, are back in 929 00:53:31,400 --> 00:53:34,480 Speaker 1: their home state, and there's a tricky thing here. So 930 00:53:34,719 --> 00:53:38,600 Speaker 1: they said, the Federal Reserve banks, the regional reserve banks 931 00:53:38,680 --> 00:53:41,920 Speaker 1: like the one that's here, would be owned not by 932 00:53:41,960 --> 00:53:47,359 Speaker 1: individuals but by commercial banks. So this this means that 933 00:53:47,760 --> 00:53:51,080 Speaker 1: there's not like, um, like, you look responsible, but you 934 00:53:51,160 --> 00:53:53,720 Speaker 1: can't go by a regional reserve bank. And I'm sorry 935 00:53:53,719 --> 00:53:57,319 Speaker 1: that you have to learn it here, but neither can I. 936 00:53:58,080 --> 00:54:01,080 Speaker 1: So I feel bad. But the the thing is these 937 00:54:01,080 --> 00:54:04,040 Speaker 1: banks would be coordinated by a committee that's kind of 938 00:54:04,200 --> 00:54:07,440 Speaker 1: sort of appointed by the president. But yeah, they get 939 00:54:07,440 --> 00:54:09,680 Speaker 1: a list, right, that's kind of the idea. Just slide 940 00:54:09,680 --> 00:54:11,440 Speaker 1: a list across the table, be like, just pick like 941 00:54:11,520 --> 00:54:14,480 Speaker 1: seven cool alright, cool? Yeah. So so then it goes 942 00:54:14,520 --> 00:54:17,320 Speaker 1: to who really owns this thing? Who owns this gargage? 943 00:54:17,320 --> 00:54:22,040 Speaker 1: Wan thing? Uh? The officials governing parts of the system 944 00:54:22,120 --> 00:54:25,919 Speaker 1: can own interest in particular commercial banks, but no one 945 00:54:26,200 --> 00:54:30,399 Speaker 1: officially actually owns those ship riddled dollars that we all 946 00:54:30,440 --> 00:54:33,040 Speaker 1: just robbed at the beginning of the show. In fact, 947 00:54:33,120 --> 00:54:36,839 Speaker 1: the f considers itself independent. Oh yeah, this is this 948 00:54:36,920 --> 00:54:41,480 Speaker 1: is important. Uh, and this it's mind blowing, Okay, And 949 00:54:41,520 --> 00:54:43,960 Speaker 1: I'm truly trying really hard not to just be infuriated 950 00:54:43,960 --> 00:54:47,160 Speaker 1: throughout this entire show. I have been during every show 951 00:54:47,200 --> 00:54:49,840 Speaker 1: that we've done so far in this. Okay, the Federal 952 00:54:49,960 --> 00:54:52,880 Speaker 1: Reserve says the terms of the members of the Board 953 00:54:52,920 --> 00:54:58,040 Speaker 1: of Governors span multiple presidential and congressional terms. Now, when 954 00:54:58,080 --> 00:55:00,719 Speaker 1: you hear this at face value, you would say, oh, 955 00:55:00,760 --> 00:55:03,800 Speaker 1: this is very reassuring. This means that no matter who's 956 00:55:03,800 --> 00:55:05,600 Speaker 1: in the White House, no matter how much I like 957 00:55:05,760 --> 00:55:08,080 Speaker 1: him or her, no matter how long they are in 958 00:55:08,120 --> 00:55:10,640 Speaker 1: the White House, no matter which Senator or House of 959 00:55:10,680 --> 00:55:14,440 Speaker 1: Representatives of person gets elected, my money is safe with 960 00:55:14,520 --> 00:55:20,720 Speaker 1: the Federal Reserve. That sounds lovely. Yeah, yeah, I hate 961 00:55:20,719 --> 00:55:25,200 Speaker 1: to you here, but that's also kind of terrifying, isn't it, 962 00:55:25,239 --> 00:55:27,879 Speaker 1: because what they're old. You know. Another way to look 963 00:55:27,920 --> 00:55:30,080 Speaker 1: at it is they're saying, no matter who you vote for, 964 00:55:30,600 --> 00:55:35,080 Speaker 1: no matter who's in charge, we're in charge of the money. Yeah, 965 00:55:35,400 --> 00:55:38,680 Speaker 1: they like, you know, you could vote. That's cute. There 966 00:55:38,719 --> 00:55:40,960 Speaker 1: was a quote from Alan Greenspan, who was the Chairman 967 00:55:41,000 --> 00:55:43,320 Speaker 1: of the FED, and you've heard of um. He said 968 00:55:43,440 --> 00:55:46,800 Speaker 1: something to the effect of there is no government body, 969 00:55:46,920 --> 00:55:51,439 Speaker 1: there is no elected official that can do anything about 970 00:55:51,480 --> 00:55:54,000 Speaker 1: any of the decisions we make. He just very brazenly 971 00:55:54,120 --> 00:55:57,319 Speaker 1: said that out loud and like, yeah, so that's that's 972 00:55:57,320 --> 00:55:58,960 Speaker 1: the vibe that we're working with with the Fed here, 973 00:55:59,160 --> 00:56:02,960 Speaker 1: there's been to be reassuring. So officially this system is 974 00:56:03,000 --> 00:56:06,760 Speaker 1: a bulwark, right, That's what it provides. It stabilizes these 975 00:56:07,239 --> 00:56:11,080 Speaker 1: faith rectangles. I love that phrase, thank you for me 976 00:56:11,320 --> 00:56:13,880 Speaker 1: that Matt made that one. That was great. And it 977 00:56:14,040 --> 00:56:22,040 Speaker 1: stabilizes the dollar against the ups and downs of the uncarrying, chaotic, ridiculous, 978 00:56:22,080 --> 00:56:26,880 Speaker 1: horrible place that we live in. And the thing is, 979 00:56:27,280 --> 00:56:30,000 Speaker 1: it doesn't matter why you believe. It was created without 980 00:56:30,000 --> 00:56:33,319 Speaker 1: the consent of the American public. No one voted on it, 981 00:56:33,719 --> 00:56:36,640 Speaker 1: no one can vote on it. It is also arguably 982 00:56:36,680 --> 00:56:40,520 Speaker 1: one of the most powerful financial institutions in the world. Pyramid, 983 00:56:40,840 --> 00:56:44,879 Speaker 1: lidless eye, creepy Latin catch phrases, the whole nine yeah, 984 00:56:45,040 --> 00:56:49,279 Speaker 1: and ah oh man, I'm just gonna I'm gonna bring 985 00:56:49,280 --> 00:56:51,600 Speaker 1: it back to this. In the more than a hundred 986 00:56:51,680 --> 00:56:55,000 Speaker 1: years following its creation, more and more people are asking 987 00:56:55,880 --> 00:56:59,520 Speaker 1: is there more to this story? Is it just this 988 00:56:59,640 --> 00:57:02,319 Speaker 1: organism station that exists outside of the control of the 989 00:57:02,360 --> 00:57:06,440 Speaker 1: voting people of the United States, or is it more sinister? 990 00:57:15,239 --> 00:57:20,240 Speaker 1: Here's where it gets crazy. I love it when he 991 00:57:20,280 --> 00:57:23,840 Speaker 1: does that. I love it. Well, it's true, It's true 992 00:57:23,840 --> 00:57:27,720 Speaker 1: we're going into crazy territory now. So I hope you're comfortable, 993 00:57:27,800 --> 00:57:30,040 Speaker 1: because maybe you'll be uncomfortable at the end of this. 994 00:57:30,440 --> 00:57:34,840 Speaker 1: The the most popular and most prevalent, most prominent conspiracy 995 00:57:34,880 --> 00:57:39,320 Speaker 1: theory about the Federal Reserve is that rather than mitigating 996 00:57:39,440 --> 00:57:45,480 Speaker 1: or preventing financial disaster, the Fed creates financial catastrophe to 997 00:57:46,400 --> 00:57:50,640 Speaker 1: manipulates the money supply for the benefit of member banks 998 00:57:50,720 --> 00:57:55,800 Speaker 1: and most importantly, the shareholders or the owners of those 999 00:57:55,880 --> 00:57:59,200 Speaker 1: member banks. So no one can own a regional reserve bank, 1000 00:57:59,680 --> 00:58:03,000 Speaker 1: but anyone can buy shares in a commercial bank. It's 1001 00:58:03,040 --> 00:58:05,360 Speaker 1: just a question of how many you own. And and 1002 00:58:05,680 --> 00:58:09,880 Speaker 1: this this argument, uh, this argument proposes that we the 1003 00:58:09,920 --> 00:58:14,120 Speaker 1: public are taught that financial disasters occur through two things, 1004 00:58:14,600 --> 00:58:19,800 Speaker 1: accident or incompetence subprime loans, right right, And the the 1005 00:58:20,880 --> 00:58:23,960 Speaker 1: argument is that the opposite is the case. And this 1006 00:58:24,040 --> 00:58:26,560 Speaker 1: is a really weird one to us because it unites 1007 00:58:26,600 --> 00:58:30,040 Speaker 1: people across a political divide. Yeah, it really does. By 1008 00:58:30,080 --> 00:58:31,960 Speaker 1: the way, we've been on the road a lot. Has 1009 00:58:32,040 --> 00:58:34,800 Speaker 1: something been happening with the stock market. We haven't exactly 1010 00:58:34,840 --> 00:58:36,800 Speaker 1: been keeping up, but I just noticed all the lines 1011 00:58:36,800 --> 00:58:39,560 Speaker 1: were read when I looked at my phone, earlier. Everything's okay, 1012 00:58:39,600 --> 00:58:41,600 Speaker 1: We're all okay. We still my mom sent me a 1013 00:58:41,680 --> 00:58:44,400 Speaker 1: text about it and said that my inheritance was dwindling 1014 00:58:44,440 --> 00:58:47,400 Speaker 1: away as he speaks. So yeah, I'm gonna have to 1015 00:58:47,440 --> 00:58:53,000 Speaker 1: make this podcast. Came with it. Yeah, it's it's weird though, 1016 00:58:53,040 --> 00:58:57,320 Speaker 1: because this is um this is a conspiratorial belief that 1017 00:58:57,440 --> 00:59:01,360 Speaker 1: unites people on either side of the sort of circusy 1018 00:59:01,600 --> 00:59:05,320 Speaker 1: political techotomy. And you will find people who consider themselves 1019 00:59:05,400 --> 00:59:08,360 Speaker 1: libertarians and they're like, yeah, I read in the FED 1020 00:59:08,520 --> 00:59:10,520 Speaker 1: that's messed up. But then there are people on the 1021 00:59:10,520 --> 00:59:12,520 Speaker 1: far left who are like, you know, eat the rich, 1022 00:59:12,840 --> 00:59:15,200 Speaker 1: screw the Fed, let's just get rid of it. And 1023 00:59:15,240 --> 00:59:19,480 Speaker 1: they're like, you know what, You're right. Once again, everyone 1024 00:59:19,600 --> 00:59:22,840 Speaker 1: can agree that there is a problem, no one can 1025 00:59:22,920 --> 00:59:27,880 Speaker 1: agree how to solve it. Harrumph, harrumph, harrumph, harrumph. The 1026 00:59:28,040 --> 00:59:32,360 Speaker 1: most famous stories are conspiratorial beliefs about the Federal Reserve 1027 00:59:32,760 --> 00:59:36,960 Speaker 1: come from a specific book. Yes, it's called The Creature 1028 00:59:37,120 --> 00:59:41,760 Speaker 1: from Jekyl Island by this author named G. Edward Griffin. 1029 00:59:42,120 --> 00:59:44,320 Speaker 1: Like a like a black lagoon kind of situation, or 1030 00:59:44,440 --> 00:59:46,720 Speaker 1: what's the creature? Is the Fed? I get it? I 1031 00:59:46,760 --> 00:59:50,000 Speaker 1: gotta got creaking in that meeting, and it emerged, and 1032 00:59:50,080 --> 00:59:52,000 Speaker 1: then it got on that rail car and it headed 1033 00:59:52,040 --> 00:59:55,160 Speaker 1: back towards New York. I'm just I'm making all that up, 1034 00:59:55,200 --> 00:59:57,120 Speaker 1: but I can imagine into it. I can imagine it. 1035 00:59:57,360 --> 01:00:00,120 Speaker 1: So he considers the Federal Reserve more than just this 1036 01:00:00,280 --> 01:00:05,640 Speaker 1: simple tool to control Americans via debt. We're not controlled 1037 01:00:05,640 --> 01:00:08,200 Speaker 1: by debt. We're fine. Nobody has any student loans or 1038 01:00:08,200 --> 01:00:14,800 Speaker 1: mortgages here. We're good. We're good. Oh, Matt, my my 1039 01:00:15,160 --> 01:00:18,080 Speaker 1: my girlfriend is here tonight. Hey Brandy. Can everybody say 1040 01:00:18,080 --> 01:00:22,200 Speaker 1: hey Brandy, Hey Brandy? Hey, uh and uh. And we've 1041 01:00:22,240 --> 01:00:26,880 Speaker 1: had some tension because my my primary girlfriend is Sally May. 1042 01:00:27,560 --> 01:00:30,520 Speaker 1: It was accustomed to a certain light. Oh I'm gonna 1043 01:00:30,520 --> 01:00:33,800 Speaker 1: pay for that's Sally May anymore. It's something called navyant. 1044 01:00:35,120 --> 01:00:36,600 Speaker 1: Came out of nowhere, and all of a sudden, it's 1045 01:00:36,640 --> 01:00:39,000 Speaker 1: like it's not Sally anymore. Now, it's now it's navyant. 1046 01:00:39,240 --> 01:00:40,880 Speaker 1: And I guess I have no choice but to pay 1047 01:00:40,920 --> 01:00:43,400 Speaker 1: a navyant now. But you know, right, And the idea 1048 01:00:43,480 --> 01:00:46,920 Speaker 1: with Creature from Jack o'l Island is that this this 1049 01:00:47,200 --> 01:00:52,800 Speaker 1: practice has been expanded and franchised out to other countries 1050 01:00:53,120 --> 01:00:59,400 Speaker 1: and that the Federal Reserve is using the practice of 1051 01:01:00,600 --> 01:01:04,520 Speaker 1: deceiving people through chicanery, which we looked up earlier. It's 1052 01:01:04,560 --> 01:01:07,560 Speaker 1: a new word for us. Yeah, is deceiving people or 1053 01:01:07,680 --> 01:01:11,880 Speaker 1: is state actors to fall into debt and then using 1054 01:01:11,960 --> 01:01:15,920 Speaker 1: that to using that debt to control the actions of 1055 01:01:16,120 --> 01:01:18,760 Speaker 1: those countries. But he's got a lot of critics. Griffin 1056 01:01:18,840 --> 01:01:20,520 Speaker 1: has a ton of credits. Well, and wouldn't that kind 1057 01:01:20,520 --> 01:01:25,800 Speaker 1: of be the way, um that the British interests that 1058 01:01:26,120 --> 01:01:28,840 Speaker 1: you know, we're part of the original First Bank or whatever, 1059 01:01:29,040 --> 01:01:32,400 Speaker 1: could have potentially exercised that kind of control back over 1060 01:01:32,480 --> 01:01:36,320 Speaker 1: the colonies right by having that much of a steak 1061 01:01:36,480 --> 01:01:39,520 Speaker 1: in the First Bank. Yeah, I mean it's possible. The 1062 01:01:39,800 --> 01:01:43,040 Speaker 1: problem that we're running into here is that g Everard 1063 01:01:43,120 --> 01:01:48,640 Speaker 1: Griffin took that train. Sorry, go ahead, I gotta make 1064 01:01:48,680 --> 01:01:50,680 Speaker 1: a t There's some delicious food here, or there was. 1065 01:01:50,760 --> 01:01:53,360 Speaker 1: I guess they stopped serving it. Wait, what's the what's 1066 01:01:53,480 --> 01:01:55,520 Speaker 1: what's the beef though? Oh yeah, the beef is Let 1067 01:01:55,560 --> 01:02:03,800 Speaker 1: me just recalibrate here. Boo boo. He took he took 1068 01:02:03,840 --> 01:02:06,760 Speaker 1: the pearl that's at the center of the oyster of 1069 01:02:06,920 --> 01:02:11,600 Speaker 1: that secret meeting and then he created a whole bunch 1070 01:02:11,680 --> 01:02:14,640 Speaker 1: of stuff around it. Um that he kind of it's 1071 01:02:14,680 --> 01:02:17,000 Speaker 1: not necessarily pulling out a thin air, but he's creating 1072 01:02:17,040 --> 01:02:21,960 Speaker 1: a conspiracy from that real thing he's engaging. Yeah, it's dangerous, 1073 01:02:22,000 --> 01:02:24,680 Speaker 1: it's it's dangerous. I'm gonna get off my soapbox. Let's 1074 01:02:24,720 --> 01:02:29,920 Speaker 1: keep going with the show. No, no, it's fine. It's 1075 01:02:29,960 --> 01:02:33,040 Speaker 1: just a soapbox. Is a segment that we will happen. 1076 01:02:33,560 --> 01:02:35,680 Speaker 1: It just happens a lot these days where there is 1077 01:02:35,800 --> 01:02:37,880 Speaker 1: this one little grain of truth which is on this show. 1078 01:02:37,920 --> 01:02:39,640 Speaker 1: It's what we try and do we find that grain 1079 01:02:39,720 --> 01:02:42,720 Speaker 1: of truth, Right, that's the most interesting thing for me personally, 1080 01:02:43,080 --> 01:02:46,280 Speaker 1: And this guy did that. But then he just kept 1081 01:02:46,360 --> 01:02:48,840 Speaker 1: going down a rabbit hole and he wrote this book 1082 01:02:48,880 --> 01:02:52,240 Speaker 1: that is fascinating, but a lot of it probably is, 1083 01:02:52,960 --> 01:02:55,640 Speaker 1: and it's just not factual. And the most one of 1084 01:02:55,720 --> 01:02:58,360 Speaker 1: the most salient questions that you get from this book 1085 01:02:58,360 --> 01:03:02,560 Speaker 1: if you if you read it, is the essential thing 1086 01:03:02,800 --> 01:03:07,760 Speaker 1: the gist boils down to this, could someone actively purposefully 1087 01:03:07,880 --> 01:03:12,920 Speaker 1: and successfully manipulate something as gargantuan as the US economy 1088 01:03:12,960 --> 01:03:17,120 Speaker 1: and therefore, you know, the international economy. The answer to 1089 01:03:17,240 --> 01:03:23,280 Speaker 1: that is yeah, yeah, yeah, no, absolutely to a scary degree. 1090 01:03:23,360 --> 01:03:26,120 Speaker 1: Like think of Warren Buffett. He could he could tweet 1091 01:03:26,200 --> 01:03:28,840 Speaker 1: today and sink a company's true. Yeah. Or you got 1092 01:03:28,880 --> 01:03:32,400 Speaker 1: like Jeff Bezos or Carlos slim Halou or any of 1093 01:03:32,440 --> 01:03:36,840 Speaker 1: these other profoundly disgustingly rich human people that can, like 1094 01:03:36,960 --> 01:03:40,160 Speaker 1: you said, just by communicating their intent to do something, 1095 01:03:40,520 --> 01:03:44,160 Speaker 1: or you know, they're some kind of diversification that might happen. 1096 01:03:44,320 --> 01:03:47,720 Speaker 1: It can change the entire course of at least segments 1097 01:03:47,760 --> 01:03:49,680 Speaker 1: of the economy. Yeah, And that's the question that The 1098 01:03:49,800 --> 01:03:53,160 Speaker 1: question then is does it mean that the FED could 1099 01:03:53,240 --> 01:03:57,960 Speaker 1: do the same thing. The FED is a group of people, 1100 01:03:58,160 --> 01:04:00,880 Speaker 1: and there are multiple avenues of over site. And I'm 1101 01:04:00,920 --> 01:04:03,240 Speaker 1: not going to presume to know about your friends, but 1102 01:04:03,520 --> 01:04:06,320 Speaker 1: have you ever tried to order pizza with a group 1103 01:04:06,360 --> 01:04:10,880 Speaker 1: of eight or more people? It gets really nasty, really quickly. 1104 01:04:11,360 --> 01:04:13,920 Speaker 1: And and that's just pizza. That's just like the argument 1105 01:04:14,000 --> 01:04:17,720 Speaker 1: over whether or not someone likes pepperoni or is gluten free. 1106 01:04:18,080 --> 01:04:20,520 Speaker 1: And this is this is talking about one of the 1107 01:04:20,680 --> 01:04:24,720 Speaker 1: most important financial instruments in the world. So it's it's 1108 01:04:24,800 --> 01:04:27,720 Speaker 1: kinda I don't know, it's it's kind of difficult to 1109 01:04:28,280 --> 01:04:31,280 Speaker 1: digest it but but we found another, we found another 1110 01:04:31,360 --> 01:04:34,080 Speaker 1: conspiracy theory. This is I A would say this is 1111 01:04:34,120 --> 01:04:36,920 Speaker 1: like my second favorite. Oh yeah, yeah, this is a 1112 01:04:37,160 --> 01:04:39,080 Speaker 1: this is a great one. We've done an episode that 1113 01:04:39,360 --> 01:04:42,640 Speaker 1: kind of touched on this before in the past. Um. 1114 01:04:42,800 --> 01:04:44,160 Speaker 1: But again, it kind of goes back to where you 1115 01:04:44,200 --> 01:04:47,280 Speaker 1: were talking about all the whether or not there's British 1116 01:04:47,320 --> 01:04:52,800 Speaker 1: control over their former colonies. Still, yeah, the idea is that. Okay, 1117 01:04:52,880 --> 01:04:56,760 Speaker 1: So in this one, the Federal Reserve is now a 1118 01:04:57,080 --> 01:05:01,360 Speaker 1: foreign banking institution, is control old by the British, and 1119 01:05:01,480 --> 01:05:05,480 Speaker 1: the British are still super piste about the Revolutionary War. 1120 01:05:05,960 --> 01:05:08,800 Speaker 1: It's like their main thing. They're like, we have a 1121 01:05:08,920 --> 01:05:12,360 Speaker 1: lot of problems, but damn it, w it's time to 1122 01:05:12,480 --> 01:05:14,680 Speaker 1: go back, you know. And someone's like, hey, maybe we 1123 01:05:14,720 --> 01:05:17,720 Speaker 1: should fix unemployment. Hey maybe we should look at immigration. 1124 01:05:17,920 --> 01:05:20,400 Speaker 1: And then like the Queen turns around in a swivel chair. 1125 01:05:20,640 --> 01:05:25,439 Speaker 1: It's like, no, let's be weird, butting me back my colonies. 1126 01:05:27,880 --> 01:05:30,000 Speaker 1: And in this, in this idea, it goes a step 1127 01:05:30,040 --> 01:05:33,000 Speaker 1: further and they'll say, oh no, no, no, no, no, 1128 01:05:33,200 --> 01:05:37,720 Speaker 1: no no no, Matt's nol ben Michian control. This is 1129 01:05:37,840 --> 01:05:41,080 Speaker 1: not a matter of the Queen. It's a matter of 1130 01:05:41,160 --> 01:05:43,920 Speaker 1: the true power behind the throne in the in the 1131 01:05:44,080 --> 01:05:47,480 Speaker 1: world of the United Kingdom. It is the Rothschild family. 1132 01:05:47,640 --> 01:05:49,800 Speaker 1: You knew they were going to be here at some point. 1133 01:05:50,000 --> 01:05:52,160 Speaker 1: It's yeah, there are a lot of just the the 1134 01:05:53,600 --> 01:05:56,000 Speaker 1: targets that are aimed at with a lot of these conspiracies, 1135 01:05:56,080 --> 01:05:59,760 Speaker 1: the Federal Reserve, the Rothschild's Britain, we're hitting them all 1136 01:05:59,800 --> 01:06:02,680 Speaker 1: to it's a real just doing the hits. Folks. We 1137 01:06:02,840 --> 01:06:06,200 Speaker 1: had a Rothschild actually, or somebody said they were Rothschild 1138 01:06:06,560 --> 01:06:09,200 Speaker 1: in a few cities ago. But but but who are 1139 01:06:09,280 --> 01:06:13,280 Speaker 1: the Rothschilds. Yeah, so it was a huge influential family 1140 01:06:13,480 --> 01:06:16,040 Speaker 1: that is the very old family as well, founded by 1141 01:06:16,280 --> 01:06:21,800 Speaker 1: Mayor Armshell Rothschild, and they amassed enormous amounts of wealth 1142 01:06:21,880 --> 01:06:26,360 Speaker 1: in multiple areas segments including finance of course, but also 1143 01:06:26,960 --> 01:06:30,440 Speaker 1: over the generations. They've diversified in a in a very 1144 01:06:30,520 --> 01:06:34,640 Speaker 1: big way. They're active and wine and like technology, mining, 1145 01:06:34,760 --> 01:06:37,600 Speaker 1: the bond market, arms trade, just about anything you can 1146 01:06:37,640 --> 01:06:39,680 Speaker 1: think of. They probably got their hands in it in 1147 01:06:39,880 --> 01:06:41,920 Speaker 1: one I mean, it's a huge family as well, and 1148 01:06:42,080 --> 01:06:45,000 Speaker 1: they're so diversified and spread out with the various members 1149 01:06:45,040 --> 01:06:47,480 Speaker 1: of the family. It's almost tough to kind of trace 1150 01:06:47,960 --> 01:06:51,640 Speaker 1: the money and understand exactly how much the entire family 1151 01:06:51,880 --> 01:06:55,240 Speaker 1: is worth and how much influence they wield exactly. And 1152 01:06:55,360 --> 01:06:57,080 Speaker 1: this is this is a huge deal. My dad is 1153 01:06:57,120 --> 01:06:59,280 Speaker 1: in the audience tonight and he was an accountant at 1154 01:06:59,320 --> 01:07:01,160 Speaker 1: this private club for a while, and he can tell 1155 01:07:01,200 --> 01:07:03,800 Speaker 1: you the difference between old money and new money. And 1156 01:07:04,040 --> 01:07:06,800 Speaker 1: with with old money, it's all of these It's just 1157 01:07:07,000 --> 01:07:13,280 Speaker 1: a tiered uh succession of of inheriting fortunes, and each 1158 01:07:13,360 --> 01:07:15,880 Speaker 1: one just then becomes another fortune. And then the fortune 1159 01:07:15,920 --> 01:07:18,760 Speaker 1: just spreads out to this point where you go, oh, yeah, 1160 01:07:18,760 --> 01:07:22,560 Speaker 1: I'll join that club for fifty dollars, no problem. And 1161 01:07:22,880 --> 01:07:26,840 Speaker 1: that kind of wealth is it's intense. And then but 1162 01:07:27,040 --> 01:07:30,560 Speaker 1: this goes back to the same question. This presumes that 1163 01:07:30,720 --> 01:07:36,600 Speaker 1: this family, this large influential family, somehow cooperates and moves 1164 01:07:36,680 --> 01:07:39,800 Speaker 1: in unison like what happens today. You get together once 1165 01:07:39,880 --> 01:07:41,960 Speaker 1: a year and they're like, Oh, what's our what's our 1166 01:07:42,120 --> 01:07:44,880 Speaker 1: weird thing gonna be this time? You know, I, I 1167 01:07:45,280 --> 01:07:48,680 Speaker 1: doubt I don't know your relatives, but I have never 1168 01:07:48,840 --> 01:07:52,600 Speaker 1: been that cooperative with my own. Again, that pizza example 1169 01:07:52,680 --> 01:07:56,360 Speaker 1: comes from like utter financial control of an entire country's 1170 01:07:56,400 --> 01:07:58,480 Speaker 1: monetary system on the table for you and your family. 1171 01:07:58,880 --> 01:08:06,400 Speaker 1: I mean, you figure we can maybe swing Tennessee, but 1172 01:08:06,560 --> 01:08:09,680 Speaker 1: that's it, you know. But but this, this is interesting 1173 01:08:09,720 --> 01:08:12,840 Speaker 1: because there's a paradox in this idea. There's a bit 1174 01:08:12,920 --> 01:08:15,280 Speaker 1: of double thing, right. The same people who say, oh, 1175 01:08:15,440 --> 01:08:18,160 Speaker 1: the UK wants to control the US because they are still, 1176 01:08:18,320 --> 01:08:22,160 Speaker 1: again for some reason, cartoonishly pissed about the Revolutionary War, 1177 01:08:22,760 --> 01:08:26,400 Speaker 1: they will also say, but the United Kingdom doesn't really 1178 01:08:26,439 --> 01:08:29,760 Speaker 1: control itself. It's owned by this elite banking cabal, and 1179 01:08:29,840 --> 01:08:32,360 Speaker 1: they're the ones who are really who are really making 1180 01:08:32,400 --> 01:08:35,439 Speaker 1: the decisions. And that sort of invalidates the beginning of 1181 01:08:35,479 --> 01:08:38,960 Speaker 1: their idea. That means that this, in this conspiracy, it's 1182 01:08:39,000 --> 01:08:42,960 Speaker 1: really an economic proxy war between like one family and 1183 01:08:43,040 --> 01:08:45,080 Speaker 1: then maybe a couple of families here in the US. 1184 01:08:45,160 --> 01:08:48,720 Speaker 1: It doesn't make sense, but the Rothchild family shows up 1185 01:08:48,840 --> 01:08:52,479 Speaker 1: in so many of the stories, so many pieces of 1186 01:08:52,600 --> 01:08:56,439 Speaker 1: this folklore tradition. We have a we have one that 1187 01:08:56,520 --> 01:08:59,439 Speaker 1: we found that we we really enjoy and it doesn't 1188 01:08:59,479 --> 01:09:02,680 Speaker 1: take place sun Land. It does feature the rothchilds Uh. 1189 01:09:02,800 --> 01:09:08,640 Speaker 1: It takes place at c barbershop Quartet. This one conspiracy 1190 01:09:08,800 --> 01:09:17,080 Speaker 1: at CC, conspiracy at CSP mats. You have a beautiful 1191 01:09:17,080 --> 01:09:19,479 Speaker 1: singing voice. I was not prepared. I did not prepare 1192 01:09:19,560 --> 01:09:21,600 Speaker 1: them for that. Just totally pull that out, and you 1193 01:09:21,640 --> 01:09:23,400 Speaker 1: guys really did a good job. Thank you for humor 1194 01:09:26,720 --> 01:09:29,920 Speaker 1: trot to be. That's conspiracy with it s e a 1195 01:09:30,160 --> 01:09:32,160 Speaker 1: at the end, by the way, and we're not talking 1196 01:09:32,200 --> 01:09:35,600 Speaker 1: about the conspiracy Cruise, which is apparently a thing we 1197 01:09:35,720 --> 01:09:38,160 Speaker 1: we've never been invited to participate on that, but we're 1198 01:09:38,200 --> 01:09:43,080 Speaker 1: talking about something else entirely. So there's this even more bonkers, 1199 01:09:43,120 --> 01:09:46,800 Speaker 1: in my opinion, conspiracy theory that the Rothchild family, in 1200 01:09:47,000 --> 01:09:52,080 Speaker 1: league with their banking crony and Federal Reserve cheerleader JP Morrigan, 1201 01:09:52,760 --> 01:09:58,120 Speaker 1: was directly responsible for sinking a supposedly unsinkable ship. You 1202 01:09:58,200 --> 01:10:00,280 Speaker 1: may have seen a film about with the Heart of 1203 01:10:00,360 --> 01:10:05,040 Speaker 1: the Ocean and the hands on the steamy window and 1204 01:10:05,120 --> 01:10:09,000 Speaker 1: the new drawings that well, I I've really in this 1205 01:10:09,160 --> 01:10:11,800 Speaker 1: tour come to realize that I saw that movie like 1206 01:10:12,120 --> 01:10:14,080 Speaker 1: ten times when it came out in theaters, when I 1207 01:10:14,160 --> 01:10:16,360 Speaker 1: was like, you know, eleven or something, and I was like, 1208 01:10:16,600 --> 01:10:18,240 Speaker 1: why did I Why did the eleven year old me 1209 01:10:18,400 --> 01:10:20,800 Speaker 1: like that movie so much? And we've traced it back 1210 01:10:20,840 --> 01:10:23,200 Speaker 1: to to the new drawings. It was the painting scene. 1211 01:10:23,240 --> 01:10:25,920 Speaker 1: Somebody called called you out. Yeah, somebody in the audience 1212 01:10:25,960 --> 01:10:27,240 Speaker 1: call me out, and it's like, you know what that's 1213 01:10:27,320 --> 01:10:29,679 Speaker 1: that's pretty much accurate. Although it is a beautiful love story. 1214 01:10:29,880 --> 01:10:31,880 Speaker 1: Although it doesn't make sense though, why didn't she make 1215 01:10:31,960 --> 01:10:36,200 Speaker 1: room for dude? Okay, I said that like a million times. 1216 01:10:36,360 --> 01:10:41,080 Speaker 1: That's my main It's just, you know, she's hogging the door. 1217 01:10:41,720 --> 01:10:44,680 Speaker 1: She let's Leonardo DiCaprio go, And let's be honest, he's 1218 01:10:44,680 --> 01:10:47,599 Speaker 1: not a super big guy. He could have fit on there. 1219 01:10:48,080 --> 01:10:50,120 Speaker 1: And uh, I feel like she was just looking for 1220 01:10:50,200 --> 01:10:52,840 Speaker 1: a convenient into a romance. But I'm gonna say it, 1221 01:10:52,920 --> 01:10:55,479 Speaker 1: she ghosted. She ghosted on him or James Cameron was 1222 01:10:55,520 --> 01:10:59,000 Speaker 1: looking for a convenient plot device, is my argument there. 1223 01:10:59,080 --> 01:11:01,080 Speaker 1: I mean, how well did wars flow? What about that 1224 01:11:01,160 --> 01:11:05,360 Speaker 1: old couple? Though? Remember now it's been a while, okay, 1225 01:11:05,439 --> 01:11:08,000 Speaker 1: so hey know what ship are we talking about? You know, 1226 01:11:08,120 --> 01:11:10,760 Speaker 1: this had the Titanic, the RMS Titanic, that's the full 1227 01:11:10,800 --> 01:11:14,000 Speaker 1: proper name. So, um, if proved to be be true, 1228 01:11:14,080 --> 01:11:17,080 Speaker 1: this thing, we're about to enter the realm of wild speculation. 1229 01:11:17,160 --> 01:11:19,160 Speaker 1: That's what this segment of the show is called. It's 1230 01:11:19,200 --> 01:11:22,160 Speaker 1: called the Realm of Wild Speculation a k a. Conspiracy 1231 01:11:22,240 --> 01:11:24,439 Speaker 1: at c UM. So it proved to be true, this 1232 01:11:24,520 --> 01:11:27,000 Speaker 1: would surely go down in history as like one of 1233 01:11:27,120 --> 01:11:31,680 Speaker 1: the most batshit, heavy handed or possibly genius assassinations in 1234 01:11:31,760 --> 01:11:35,080 Speaker 1: the history of the world. So let's let's jump. Let's 1235 01:11:35,120 --> 01:11:37,599 Speaker 1: jump right in. Let's do it, um, let's wade into 1236 01:11:37,680 --> 01:11:42,240 Speaker 1: these icy waters. Yeah, exactly. So, JP Morgan and co. 1237 01:11:42,720 --> 01:11:46,439 Speaker 1: Financed the International Mercantile Marine Company UM, which was an 1238 01:11:46,439 --> 01:11:49,800 Speaker 1: Atlantic shipping company that kind of strong armed its way 1239 01:11:49,920 --> 01:11:53,080 Speaker 1: into dominance in this industry by you know, doing what 1240 01:11:53,240 --> 01:11:56,839 Speaker 1: these kind of companies do, absorbing some smaller, weaker shipping 1241 01:11:56,920 --> 01:12:00,560 Speaker 1: companies from America and Britain. UM. One of the I 1242 01:12:00,680 --> 01:12:03,479 Speaker 1: m c C subsidiaries was a company called the White 1243 01:12:03,560 --> 01:12:09,639 Speaker 1: Star Line, which owned the RMS Titanic. So Morgan himself 1244 01:12:09,800 --> 01:12:14,400 Speaker 1: was actually booked to be on this doomed Maiden voyage, 1245 01:12:14,680 --> 01:12:17,840 Speaker 1: but he canceled at the last minute, citing like tummy 1246 01:12:17,880 --> 01:12:23,599 Speaker 1: troubles or something. He wasn't feeling well, he was unwell. Yes, 1247 01:12:25,000 --> 01:12:28,520 Speaker 1: it's really sad, UM. But you know, fortunately or unfortunately 1248 01:12:28,720 --> 01:12:32,559 Speaker 1: for them, UM, there were plenty of captains of industry 1249 01:12:33,000 --> 01:12:36,880 Speaker 1: and that your fat cats been on this ship. Because Matt, 1250 01:12:36,960 --> 01:12:39,240 Speaker 1: you did a good job of describing this in the 1251 01:12:39,600 --> 01:12:43,120 Speaker 1: kind of context of this particular idea, you could look 1252 01:12:43,200 --> 01:12:45,800 Speaker 1: at this thing is like a giant honey trap for 1253 01:12:46,280 --> 01:12:49,240 Speaker 1: the affluent. Let's get them all here, get them all 1254 01:12:49,280 --> 01:12:51,519 Speaker 1: in one place, and then we'll take them out. Yeah, 1255 01:12:51,600 --> 01:12:54,559 Speaker 1: if we're gonna go along with this conspiracy theory, which 1256 01:12:54,680 --> 01:12:56,920 Speaker 1: is kind of ridiculous on the face of it, But 1257 01:12:57,080 --> 01:12:59,719 Speaker 1: if we go along with it, uh what, We're already 1258 01:12:59,720 --> 01:13:01,880 Speaker 1: there in the speculation part. But if we go along 1259 01:13:01,920 --> 01:13:04,120 Speaker 1: with it, this kind of could be a perfect trap 1260 01:13:04,320 --> 01:13:06,960 Speaker 1: because you're gonna have a lot of the people that 1261 01:13:07,080 --> 01:13:09,720 Speaker 1: you may want to target that don't hold the same 1262 01:13:09,760 --> 01:13:13,559 Speaker 1: beliefs about financial systems. You might get them on this ship. 1263 01:13:14,400 --> 01:13:16,400 Speaker 1: And you actually have a pretty good chance of doing that, 1264 01:13:16,560 --> 01:13:18,920 Speaker 1: just because it was such a spectacle at the time, 1265 01:13:19,479 --> 01:13:21,560 Speaker 1: and the people that you're targeting are some of the 1266 01:13:21,600 --> 01:13:24,479 Speaker 1: most opulent and they want to do things like be 1267 01:13:24,680 --> 01:13:27,800 Speaker 1: on a Titanic. Oh, let's just put that out there. 1268 01:13:28,320 --> 01:13:31,760 Speaker 1: It could be a good trap. But okay, okay, So 1269 01:13:32,120 --> 01:13:36,519 Speaker 1: so I'm I'm sensing some sinisters stuff here, nol Uh. 1270 01:13:36,800 --> 01:13:41,000 Speaker 1: Who who were they targeting? Were they targeting specific people? Well, 1271 01:13:41,080 --> 01:13:43,360 Speaker 1: I mean there there are the three main ones that 1272 01:13:43,439 --> 01:13:46,439 Speaker 1: are mentioned and the stuff that I've read about this story. 1273 01:13:46,560 --> 01:13:48,479 Speaker 1: But like you said, Matt, I mean it was an 1274 01:13:48,520 --> 01:13:52,519 Speaker 1: absolute playground of of the rich and powerful. So I 1275 01:13:52,880 --> 01:13:55,040 Speaker 1: think if there is any truth through this at all, 1276 01:13:55,120 --> 01:13:57,680 Speaker 1: it would be include people outside of this set. But 1277 01:13:57,800 --> 01:14:00,759 Speaker 1: we have Benjamin Gouggenheim, who made a fortune in mining 1278 01:14:00,840 --> 01:14:03,320 Speaker 1: and smelting operations, is it or Strauss who was the 1279 01:14:03,360 --> 01:14:06,280 Speaker 1: co owner of Macy's and also a powerful politician and 1280 01:14:06,320 --> 01:14:10,479 Speaker 1: a businessman. And then John Jacob Astor, the fourth of 1281 01:14:10,680 --> 01:14:13,280 Speaker 1: the Astor family, which is one of the most powerful 1282 01:14:13,280 --> 01:14:16,200 Speaker 1: and wealthy families of the nineteenth and twentieth centuries. He 1283 01:14:16,280 --> 01:14:19,320 Speaker 1: was a builder, a real estate tycoon, and investor, you 1284 01:14:19,479 --> 01:14:22,080 Speaker 1: name it. Um, So these are the three that are cited. 1285 01:14:22,240 --> 01:14:24,720 Speaker 1: One thing that they have in common and everything we 1286 01:14:24,880 --> 01:14:28,439 Speaker 1: read about this is that they were against the Federal Reserve. 1287 01:14:28,600 --> 01:14:30,800 Speaker 1: They did not want this to happen, and they had 1288 01:14:30,960 --> 01:14:34,519 Speaker 1: enough clout um and street cred to possibly further weight 1289 01:14:34,600 --> 01:14:37,200 Speaker 1: around and maybe stand in the way of this happening. Yeah, 1290 01:14:37,280 --> 01:14:40,040 Speaker 1: and then um, all Morgan had to do is just 1291 01:14:40,120 --> 01:14:45,439 Speaker 1: strategically placed that iceberg and it was all ahead, right ahead. 1292 01:14:47,040 --> 01:14:50,120 Speaker 1: So so what how does this all shake out? Well? 1293 01:14:50,280 --> 01:14:54,200 Speaker 1: Speculated wildly, mind you that one of the things that 1294 01:14:54,240 --> 01:14:56,080 Speaker 1: these guys had in common, like we said, was opposition 1295 01:14:56,120 --> 01:14:58,360 Speaker 1: the Federal Reserve. I've also seen it as opposition to 1296 01:14:58,520 --> 01:15:01,519 Speaker 1: income tax, but those things are kind of conflated in 1297 01:15:01,600 --> 01:15:05,559 Speaker 1: this story. Um. But the ship sank uh in April 1298 01:15:05,640 --> 01:15:09,200 Speaker 1: of nineteen twelve, and the FED was formed the very 1299 01:15:09,280 --> 01:15:11,880 Speaker 1: next year. So this here's the thing that this proved 1300 01:15:11,920 --> 01:15:15,760 Speaker 1: to be financially disastrous for Morgan's company, the I M 1301 01:15:15,880 --> 01:15:18,680 Speaker 1: c c UM the company file for bankruptcy protection in 1302 01:15:18,840 --> 01:15:23,360 Speaker 1: nineteen fifteen. Um, So why would JP Morgan ruin his 1303 01:15:23,439 --> 01:15:26,160 Speaker 1: own company by sinking this unsingable ship? And how would 1304 01:15:26,160 --> 01:15:27,960 Speaker 1: he even do it? Because the arguments that I've seen 1305 01:15:28,000 --> 01:15:30,720 Speaker 1: were like he had to have influenced the captain of 1306 01:15:30,800 --> 01:15:33,400 Speaker 1: the ship to like mess up, and um, you know, 1307 01:15:33,439 --> 01:15:35,960 Speaker 1: there's also stories about how there weren't enough lifeboats that 1308 01:15:36,120 --> 01:15:38,719 Speaker 1: this thing was doomed to begin with. There were issues 1309 01:15:38,760 --> 01:15:42,360 Speaker 1: with like the technology where the compartments like magnetically sealed, 1310 01:15:42,600 --> 01:15:44,600 Speaker 1: like trapping people in all of this, I mean it 1311 01:15:44,720 --> 01:15:46,840 Speaker 1: was a whole There's all kinds of things just about 1312 01:15:46,880 --> 01:15:49,679 Speaker 1: the Titanic seeking in general, um that are a little off. 1313 01:15:50,439 --> 01:15:53,840 Speaker 1: But why would he actively do this, uh and cause 1314 01:15:53,880 --> 01:15:56,160 Speaker 1: the ruin of his own company and and something that 1315 01:15:56,520 --> 01:15:58,960 Speaker 1: he would cause him to lose a lot of money? 1316 01:15:59,120 --> 01:16:00,840 Speaker 1: Does this mean that he Opts really had nothing to 1317 01:16:00,960 --> 01:16:03,639 Speaker 1: do with it or was it maybe like the perfect alibi? 1318 01:16:04,400 --> 01:16:06,840 Speaker 1: I think more likely the first one. But it's fun 1319 01:16:06,920 --> 01:16:08,680 Speaker 1: to think about, and like you were saying, Matt, with 1320 01:16:08,800 --> 01:16:11,160 Speaker 1: these seeds of truth in these grains, this is one 1321 01:16:11,200 --> 01:16:14,519 Speaker 1: of those. I think there's some um. It points to 1322 01:16:14,640 --> 01:16:17,800 Speaker 1: this idea of incredibly rich and powerful people going to 1323 01:16:17,920 --> 01:16:21,400 Speaker 1: any length that they need to to get their way. 1324 01:16:21,880 --> 01:16:24,360 Speaker 1: And this would, again, if proven to be true, would 1325 01:16:24,360 --> 01:16:28,439 Speaker 1: be a pretty elaborate Rube Goldberg esque example of that. Um, 1326 01:16:28,520 --> 01:16:31,720 Speaker 1: because you're making the evidence fit your narrative can do. 1327 01:16:32,439 --> 01:16:34,760 Speaker 1: It's just so it's so weird because there were more 1328 01:16:34,840 --> 01:16:38,240 Speaker 1: than people on the Titanic, and then if they're just 1329 01:16:38,400 --> 01:16:40,840 Speaker 1: killing they're just seeking this ship to kill three people? 1330 01:16:40,920 --> 01:16:42,960 Speaker 1: That what is that the cost of doing business? It's 1331 01:16:42,960 --> 01:16:45,400 Speaker 1: called collateral damage, my man. Okay, So the same way 1332 01:16:45,479 --> 01:16:47,960 Speaker 1: that a bank makes several billion dollars and they're like, 1333 01:16:48,479 --> 01:16:52,639 Speaker 1: we gotta find two two hundred million dollars. She's because 1334 01:16:52,680 --> 01:16:55,479 Speaker 1: given what we know about these how these like shadowy 1335 01:16:55,840 --> 01:16:58,639 Speaker 1: banking brows are able to rake in the profits off 1336 01:16:58,680 --> 01:17:01,680 Speaker 1: of the backs of American expayers. Maybe the loss of 1337 01:17:01,720 --> 01:17:04,840 Speaker 1: a little shipping company might be worth the exchange of 1338 01:17:05,400 --> 01:17:09,720 Speaker 1: utter control and dominance and lifelong profits that no one 1339 01:17:09,800 --> 01:17:12,479 Speaker 1: can ever vote you out of making. So who knows. 1340 01:17:12,680 --> 01:17:15,080 Speaker 1: Maybe it is just the cost of doing business. Two questions, 1341 01:17:15,400 --> 01:17:22,160 Speaker 1: two questions. Okay, so, um, doesn't it sound a little overcomplicated, 1342 01:17:22,240 --> 01:17:26,000 Speaker 1: Like couldn't they just poison someone or have like a 1343 01:17:26,800 --> 01:17:29,200 Speaker 1: horse accident or something. Well, it's like I said, I mean, 1344 01:17:29,320 --> 01:17:31,880 Speaker 1: these are the three that are named, But I mean that, 1345 01:17:32,240 --> 01:17:35,000 Speaker 1: you know, maybe they just wanted to like bump off, 1346 01:17:35,080 --> 01:17:37,360 Speaker 1: like all of these these fat cats. It's not about 1347 01:17:37,360 --> 01:17:39,960 Speaker 1: the money, it's about sending a message that's probably true. 1348 01:17:40,000 --> 01:17:44,160 Speaker 1: I don't know. Now, this is definitely most likely completely bunk, 1349 01:17:44,280 --> 01:17:47,680 Speaker 1: but it's a lot of fun to talk about. And 1350 01:17:47,920 --> 01:17:50,559 Speaker 1: and when when you were you were doing this research, 1351 01:17:50,640 --> 01:17:54,200 Speaker 1: you you found some unanswered questions, like about these three 1352 01:17:54,240 --> 01:17:56,479 Speaker 1: guys stances to right, Like, yeah, I mean, there was 1353 01:17:56,520 --> 01:17:59,479 Speaker 1: nothing like really out there that was them, just like 1354 01:17:59,560 --> 01:18:02,680 Speaker 1: totally soap boxing about how they hated the Fed. There 1355 01:18:02,720 --> 01:18:04,960 Speaker 1: were just some things about like their business practices and 1356 01:18:05,040 --> 01:18:08,800 Speaker 1: their politics that were slightly anti Fed leaning. But it 1357 01:18:08,880 --> 01:18:10,720 Speaker 1: was a little unclear as to why these three guys 1358 01:18:10,720 --> 01:18:13,240 Speaker 1: in particular would have been the most problematic. But but 1359 01:18:13,360 --> 01:18:15,200 Speaker 1: they did actually die on the boat. They did, in 1360 01:18:15,280 --> 01:18:18,720 Speaker 1: fact die on the boat. It's true. Let's move on 1361 01:18:18,840 --> 01:18:21,720 Speaker 1: to the next one. Boys, let's do it. Isn't here. Yeah, 1362 01:18:21,720 --> 01:18:24,040 Speaker 1: I'm gonna talk to you about this. Before we mentioned 1363 01:18:24,160 --> 01:18:27,200 Speaker 1: that five sided building called the Pentagon. Well, guess what, 1364 01:18:27,320 --> 01:18:32,360 Speaker 1: here's a conspiracy theory that perhaps the Federal Reserve exists 1365 01:18:32,479 --> 01:18:38,120 Speaker 1: in some way as an extension of the United States military. 1366 01:18:38,400 --> 01:18:40,760 Speaker 1: Oh okay, all right, now this is a little like 1367 01:18:40,920 --> 01:18:43,800 Speaker 1: a noodle, but let's get into it. There's some compelling 1368 01:18:43,840 --> 01:18:48,280 Speaker 1: evidence that in several cases, this country has fought wars 1369 01:18:48,479 --> 01:18:52,640 Speaker 1: specifically to preserve the ascendancy of the US dollar. A 1370 01:18:52,720 --> 01:18:55,639 Speaker 1: lot of times we refer to it as the petro 1371 01:18:55,760 --> 01:18:59,120 Speaker 1: dollar because it's it's it's tied to oil in a 1372 01:18:59,160 --> 01:19:01,479 Speaker 1: lot of ways. We've gone over that before in an episode, 1373 01:19:01,560 --> 01:19:03,320 Speaker 1: or check it out if you if you want to 1374 01:19:03,400 --> 01:19:05,759 Speaker 1: learn more about that. But in this case, we're talking 1375 01:19:05,840 --> 01:19:09,799 Speaker 1: about evidence that's been provided by a gentleman and author 1376 01:19:10,439 --> 01:19:15,560 Speaker 1: named John Perkins. Yeah, yeah, right, you're talking about Confessions 1377 01:19:15,600 --> 01:19:18,919 Speaker 1: of an Economic hit Man. Uh. It's I would describe 1378 01:19:18,960 --> 01:19:24,160 Speaker 1: it as a book, you know, like it's it's he 1379 01:19:24,240 --> 01:19:28,560 Speaker 1: wrote it. It's there, but he makes some interesting observations. 1380 01:19:28,840 --> 01:19:32,320 Speaker 1: For years and years and years, Perkins worked in the 1381 01:19:33,120 --> 01:19:39,360 Speaker 1: quasi government quasi uh private sector as ostensibly an economists, 1382 01:19:39,720 --> 01:19:43,800 Speaker 1: but according to his recounts of the events, his real 1383 01:19:43,960 --> 01:19:48,799 Speaker 1: job was to travel to developing countries and to broker 1384 01:19:49,360 --> 01:19:54,519 Speaker 1: huge loans for infrastructure repairs and to uh to beguile 1385 01:19:54,760 --> 01:19:58,479 Speaker 1: the people and lie to them essentially about about how 1386 01:19:58,520 --> 01:20:00,800 Speaker 1: effective or not effective this a structure would be, in 1387 01:20:00,800 --> 01:20:03,240 Speaker 1: about how affordable or not affordable it would be. So 1388 01:20:03,680 --> 01:20:05,599 Speaker 1: just imagine you're in a place where the lights don't 1389 01:20:05,600 --> 01:20:08,800 Speaker 1: always work. You sometimes get the bad water, right with 1390 01:20:08,920 --> 01:20:12,800 Speaker 1: the hobocode thing earlier, and then someone says, hey, not 1391 01:20:13,040 --> 01:20:15,519 Speaker 1: only can we give you clean water all the time, 1392 01:20:15,600 --> 01:20:17,840 Speaker 1: not only could give you power all the time, but 1393 01:20:18,000 --> 01:20:20,439 Speaker 1: it will be a steal. It will be so great 1394 01:20:20,479 --> 01:20:22,840 Speaker 1: for your country. You will make so much money, and 1395 01:20:22,880 --> 01:20:25,879 Speaker 1: there's just like one small detail. We only accept payments 1396 01:20:25,920 --> 01:20:30,519 Speaker 1: in US dollars and just by the way, right, like you, 1397 01:20:30,720 --> 01:20:33,599 Speaker 1: you might have your own currency, that's very endearing, good hustle, 1398 01:20:34,479 --> 01:20:39,960 Speaker 1: but we are a dollar business. And through the power 1399 01:20:40,240 --> 01:20:43,439 Speaker 1: of this economic influence, the argument goes, or his story goes, 1400 01:20:44,160 --> 01:20:47,800 Speaker 1: they brought other countries to heal and force them into 1401 01:20:48,040 --> 01:20:52,160 Speaker 1: deals with multinational US based conglomerates, you know what. And 1402 01:20:52,240 --> 01:20:54,400 Speaker 1: the whole point is that they're loaning you an ungodly 1403 01:20:54,439 --> 01:20:56,640 Speaker 1: amount of money that you will never pay back. It 1404 01:20:56,760 --> 01:20:59,599 Speaker 1: sounds familiar, right, a lot of money that you'll never 1405 01:20:59,680 --> 01:21:07,200 Speaker 1: pay maybe thirty years maybe if you're lucky, mortgage, but yeah, anyway, 1406 01:21:07,360 --> 01:21:10,120 Speaker 1: if your giant company, you're getting, you know, perhaps billions 1407 01:21:10,120 --> 01:21:12,360 Speaker 1: of dollars and this in these U s dollars that 1408 01:21:12,400 --> 01:21:14,400 Speaker 1: you don't have that you're supposed to pay back somehow, 1409 01:21:14,640 --> 01:21:17,600 Speaker 1: and ultimately you just end up doing the bidding of 1410 01:21:17,720 --> 01:21:20,479 Speaker 1: whatever this lender wants you to do, at least within 1411 01:21:20,920 --> 01:21:23,799 Speaker 1: this the realm of this conspiracy theory. So it's actually 1412 01:21:23,960 --> 01:21:27,599 Speaker 1: not that implausible if you think about it. We don't 1413 01:21:27,640 --> 01:21:31,400 Speaker 1: have to agree with Perkins, like forty thousand foot view, 1414 01:21:31,800 --> 01:21:33,760 Speaker 1: as they say, a corporate America. We don't have to 1415 01:21:33,840 --> 01:21:37,040 Speaker 1: agree with his big picture. The very disturbing thing about 1416 01:21:37,120 --> 01:21:41,040 Speaker 1: this is that several of the cases he recounts are true. 1417 01:21:41,200 --> 01:21:47,840 Speaker 1: They're absolutely true. Indonesia is a fantastic slash frightening example. 1418 01:21:49,479 --> 01:21:52,880 Speaker 1: And read the book if you want, read the Wikipedia. 1419 01:21:53,040 --> 01:21:55,560 Speaker 1: I'm not gonna believe about it. Just let us know 1420 01:21:56,000 --> 01:21:58,760 Speaker 1: what you think and think about how the actions of 1421 01:21:58,920 --> 01:22:01,679 Speaker 1: the FED and the actions of the US dollar affect 1422 01:22:01,840 --> 01:22:06,960 Speaker 1: countries abroad. The world is an increasingly smaller place. But 1423 01:22:07,800 --> 01:22:11,640 Speaker 1: speaking of fantastic segues, it turns out that we are 1424 01:22:11,760 --> 01:22:15,439 Speaker 1: headed toward the most wonderful time of the year. Yeah, 1425 01:22:15,479 --> 01:22:18,519 Speaker 1: we only have a few days right right now. Oh 1426 01:22:18,600 --> 01:22:21,719 Speaker 1: my gosh, what's your costume going to be? I'm buzz 1427 01:22:22,600 --> 01:22:24,720 Speaker 1: My wife is going to be Jesse, and my three 1428 01:22:24,800 --> 01:22:28,400 Speaker 1: year old son is going to be Woody. Oh man, Yes, 1429 01:22:28,640 --> 01:22:32,439 Speaker 1: we're adorable. That is the that's right for us. The 1430 01:22:32,479 --> 01:22:35,439 Speaker 1: most wonderful time of the year is Halloween. So we 1431 01:22:35,600 --> 01:22:39,000 Speaker 1: wanted to save our last crazy notion, the craziest one 1432 01:22:39,080 --> 01:22:42,240 Speaker 1: we heard for the very end, and it's this. Okay, 1433 01:22:42,360 --> 01:22:44,200 Speaker 1: go with me here, Pretend we're we're all at the 1434 01:22:44,280 --> 01:22:46,640 Speaker 1: same bar and it's like two am right, Okay? So 1435 01:22:47,160 --> 01:22:50,599 Speaker 1: uh so what if? What if? What if? What if 1436 01:22:51,000 --> 01:22:55,559 Speaker 1: the Federal Reserve, instead of a financial institution, is an 1437 01:22:55,720 --> 01:23:01,200 Speaker 1: occult institution. Ship They're the people really believe this. We 1438 01:23:01,240 --> 01:23:04,080 Speaker 1: didn't make this up. Uh. The idea is that what 1439 01:23:04,240 --> 01:23:08,519 Speaker 1: if every single dollar spent treated from one party to 1440 01:23:08,720 --> 01:23:13,560 Speaker 1: another is actually a spell. I'm not gonna get this 1441 01:23:13,880 --> 01:23:19,040 Speaker 1: poop on it, man, I'm not gonna so. So for 1442 01:23:19,240 --> 01:23:22,760 Speaker 1: some fringe researchers, this means that the FED is way 1443 01:23:22,840 --> 01:23:27,320 Speaker 1: more Slytherin than systemic. It's been way more like Warlocky 1444 01:23:27,439 --> 01:23:31,080 Speaker 1: than White House, you know. And if the dollar is 1445 01:23:31,640 --> 01:23:35,000 Speaker 1: is a spell cast by some strange cabal, then the 1446 01:23:35,160 --> 01:23:39,479 Speaker 1: following assumptions have to exist. Well, it's like this idea 1447 01:23:39,520 --> 01:23:43,519 Speaker 1: of exchanging energy or or somehow boarding energy through the 1448 01:23:43,760 --> 01:23:47,840 Speaker 1: exchange of currency, which again has this imaginary value, and 1449 01:23:48,120 --> 01:23:50,719 Speaker 1: the one of the proponents of this theory talks about 1450 01:23:50,800 --> 01:23:54,679 Speaker 1: how it's all about like a dollar represents energy because 1451 01:23:54,720 --> 01:23:57,000 Speaker 1: when you are spending it, you are paying for a 1452 01:23:57,439 --> 01:24:00,880 Speaker 1: service or something that would require time to do, or 1453 01:24:01,000 --> 01:24:04,679 Speaker 1: actual physical energy. So somehow this system they can harness 1454 01:24:04,800 --> 01:24:08,080 Speaker 1: this and kind of hoard it somewhere and use it 1455 01:24:08,280 --> 01:24:11,160 Speaker 1: for some purpose. But here here the assumptions that are required. 1456 01:24:11,280 --> 01:24:13,640 Speaker 1: What's the first one is that magic, at least this 1457 01:24:13,720 --> 01:24:15,600 Speaker 1: type of magic is real. That's cool. We've got the 1458 01:24:15,760 --> 01:24:19,439 Speaker 1: reproducible reproducible, right, Yeah, We've got this idea of a 1459 01:24:19,520 --> 01:24:22,320 Speaker 1: secret group of people not only exists but cooperates. And 1460 01:24:22,360 --> 01:24:24,560 Speaker 1: we've talked about how hard cooperation can be. UM. But 1461 01:24:24,680 --> 01:24:28,200 Speaker 1: to work this magic and accrew this energy from billions 1462 01:24:28,240 --> 01:24:30,720 Speaker 1: of other people, um, and that some portion of this 1463 01:24:31,479 --> 01:24:36,639 Speaker 1: um can actually be stored and used in some nefarious way. 1464 01:24:36,840 --> 01:24:39,920 Speaker 1: You mean, like stored up in giant bank vaults in 1465 01:24:40,040 --> 01:24:44,080 Speaker 1: places where you could store all your energy, or maybe 1466 01:24:44,200 --> 01:24:48,800 Speaker 1: in the stock market, or in the Illuminatous trilogy, that 1467 01:24:48,880 --> 01:24:51,479 Speaker 1: kind of energy is stored in the Pentagon from traffic 1468 01:24:51,600 --> 01:24:55,200 Speaker 1: dost exactly. Look a different book, right, and a work 1469 01:24:55,240 --> 01:24:57,760 Speaker 1: of fiction as far as we know. But it's it's 1470 01:24:57,760 --> 01:25:01,920 Speaker 1: a tall order. This is spooky stuff, right to people 1471 01:25:01,960 --> 01:25:05,479 Speaker 1: who believe that the FED is actively some kind of 1472 01:25:06,600 --> 01:25:11,720 Speaker 1: evil Harry Potter thing voldemortine its way through the uh 1473 01:25:11,840 --> 01:25:18,479 Speaker 1: international financial system. The symbols on the dollar represents something else, entirely, 1474 01:25:18,720 --> 01:25:22,640 Speaker 1: something that the Bureau of Engraving does not mention in 1475 01:25:23,240 --> 01:25:27,000 Speaker 1: this idea that all seeing I on the floating capstone 1476 01:25:27,320 --> 01:25:30,240 Speaker 1: is not the eye of Providence. Instead, it is the 1477 01:25:30,439 --> 01:25:36,360 Speaker 1: eye of Satan. Sorry I watched you. I'm so sorry. 1478 01:25:37,600 --> 01:25:41,080 Speaker 1: It's yeah, it's the eye of Lucifer morning Star. And 1479 01:25:41,200 --> 01:25:45,560 Speaker 1: the light represents a different sort of illumination. Yeah, exactly 1480 01:25:46,600 --> 01:25:50,760 Speaker 1: in this case, it's um, it's Lucifer's light, right, the 1481 01:25:50,840 --> 01:25:55,439 Speaker 1: illuminated one, just like that illumination global unlimited. That which, 1482 01:25:55,600 --> 01:25:59,280 Speaker 1: by the way, thanks you for all for joining us tonight. Um, 1483 01:25:59,760 --> 01:26:01,479 Speaker 1: there is there is kind of a little ritual we 1484 01:26:01,560 --> 01:26:03,800 Speaker 1: have to do as we exit for them. Um, well, 1485 01:26:03,840 --> 01:26:06,800 Speaker 1: we'll talk about it later. Yeah, you'll notice you. It'll 1486 01:26:06,800 --> 01:26:10,240 Speaker 1: be fun. Yeah, okay. But but this also, this light, 1487 01:26:11,360 --> 01:26:14,040 Speaker 1: this light is meant to symbolize in this idea, the 1488 01:26:14,200 --> 01:26:17,840 Speaker 1: light of the illuminated ones those who are aware of 1489 01:26:18,080 --> 01:26:21,240 Speaker 1: this mechanism. But the light has a double meaning of 1490 01:26:21,400 --> 01:26:25,680 Speaker 1: this idea, and it's the idea that you and us 1491 01:26:25,880 --> 01:26:30,280 Speaker 1: and your cousin that you probably should call check in 1492 01:26:30,400 --> 01:26:34,480 Speaker 1: on them after the show, that we are ourselves transparent 1493 01:26:34,560 --> 01:26:38,400 Speaker 1: to this gaze and incapable of holding secrets and then 1494 01:26:38,760 --> 01:26:41,720 Speaker 1: there's this whole other thing with the eagle. Right. Well, well, 1495 01:26:41,800 --> 01:26:44,000 Speaker 1: first of all, before we get to the eagle, just 1496 01:26:44,120 --> 01:26:47,439 Speaker 1: that whole idea that we can't hide anything from this 1497 01:26:47,680 --> 01:26:51,840 Speaker 1: organization or the most powerful people, can we just one 1498 01:26:51,880 --> 01:26:53,880 Speaker 1: more time we talked about all the time, we're all 1499 01:26:53,960 --> 01:26:56,679 Speaker 1: walking around with a syrie in our pockets. We get home, 1500 01:26:57,040 --> 01:26:59,400 Speaker 1: there's a Google Home hanging out there, and Alexa just 1501 01:26:59,520 --> 01:27:02,080 Speaker 1: chilling on. What's that you said? Oh, just keep talking, 1502 01:27:02,120 --> 01:27:05,000 Speaker 1: It's fine, just keep talking. I'm listening. I am listening. 1503 01:27:05,600 --> 01:27:07,280 Speaker 1: Or you know, we've got a camera that I've got 1504 01:27:07,360 --> 01:27:09,639 Speaker 1: covered up. By the way, Ben has covered up Nolan's, 1505 01:27:09,640 --> 01:27:11,560 Speaker 1: You're just covered up. I don't care you're going for 1506 01:27:13,520 --> 01:27:16,400 Speaker 1: They can have my precious data as long as I 1507 01:27:16,439 --> 01:27:20,640 Speaker 1: can play Pokemon Go. I'm just saying, we don't need 1508 01:27:20,720 --> 01:27:22,400 Speaker 1: we don't need this to be an all seeing eye 1509 01:27:22,520 --> 01:27:26,679 Speaker 1: and actuality. We're already doing it to ourselves. Bros. Okay, 1510 01:27:26,800 --> 01:27:32,280 Speaker 1: all right, are you good? I'm fine. Let's just do 1511 01:27:32,360 --> 01:27:35,280 Speaker 1: what it keeps keep going, good keeping doing a commercial breaker. 1512 01:27:36,560 --> 01:27:42,639 Speaker 1: Now it's way so the eagle. Then in this idea, 1513 01:27:42,720 --> 01:27:45,640 Speaker 1: there's a colt idea is not the bald eagle what 1514 01:27:45,760 --> 01:27:48,360 Speaker 1: do we call him Gregory? It's not it's not your 1515 01:27:48,360 --> 01:27:52,720 Speaker 1: pal greg Instead, it's it's taken from ancient pagan symbolism. 1516 01:27:52,920 --> 01:27:55,720 Speaker 1: And people who believe this will say, well, well, you 1517 01:27:55,840 --> 01:27:58,840 Speaker 1: know Nol, you know Matt that uh, That eagle was 1518 01:27:58,920 --> 01:28:02,360 Speaker 1: also used to sit in the Roman Empire, and again 1519 01:28:02,439 --> 01:28:05,759 Speaker 1: it was used as an icon for a certain German 1520 01:28:05,880 --> 01:28:09,519 Speaker 1: regime during World War Two. Is Benjamin Franklin talking here? 1521 01:28:09,640 --> 01:28:13,280 Speaker 1: This is this is a historically accurate Benjamin Franklin somehow 1522 01:28:13,320 --> 01:28:15,680 Speaker 1: aware of the nineteen forties. I told you guys the 1523 01:28:15,760 --> 01:28:18,240 Speaker 1: hits the Nazis made in appearance. They of course all 1524 01:28:18,320 --> 01:28:22,160 Speaker 1: the hits, uh, and the Nazis were weird, just show 1525 01:28:22,240 --> 01:28:25,479 Speaker 1: up in everything, dude. The full society was a real thing, 1526 01:28:26,120 --> 01:28:28,960 Speaker 1: and there was some occult stuff going on there. Look up, 1527 01:28:29,960 --> 01:28:34,360 Speaker 1: ridiculous thing. But this this also leads to uh differing 1528 01:28:34,439 --> 01:28:39,200 Speaker 1: more esoteric mentions of numbers, because the lies people believe 1529 01:28:39,240 --> 01:28:44,280 Speaker 1: in numerology as well. So it doesn't matter what you 1530 01:28:44,600 --> 01:28:49,360 Speaker 1: care about. Just aesthetically, there's a there's a ship ton 1531 01:28:49,640 --> 01:28:53,000 Speaker 1: of groupings of thirteen on the dollar, like they went 1532 01:28:53,160 --> 01:28:56,439 Speaker 1: all in, what are what are some examples we got 1533 01:28:56,520 --> 01:28:59,639 Speaker 1: the thirteen stars, thirteen stripes in the flag, thirteen arrows 1534 01:29:00,040 --> 01:29:03,160 Speaker 1: that Greg is clutching and his little little egal talents. 1535 01:29:03,560 --> 01:29:06,160 Speaker 1: We got thirteen leaves and berries in the olive branch, 1536 01:29:06,320 --> 01:29:09,120 Speaker 1: thirteen letters in the phrase, um give it to me 1537 01:29:10,720 --> 01:29:13,320 Speaker 1: an equiptus, Thank you, Ben. And then we have we 1538 01:29:13,360 --> 01:29:17,280 Speaker 1: have us at thirteen layers in that creepy pyramid. Yeah, 1539 01:29:17,479 --> 01:29:20,120 Speaker 1: what else do we have thirteen of when we founded 1540 01:29:20,160 --> 01:29:23,960 Speaker 1: this country? Colonies? So totally makes sense. It's fine, it's 1541 01:29:23,960 --> 01:29:26,400 Speaker 1: just thirteen colonies, right, Yeah, but we're we're really like 1542 01:29:26,560 --> 01:29:29,560 Speaker 1: going down this numerological rabbitle. Maybe the founding fathers like, 1543 01:29:29,600 --> 01:29:32,320 Speaker 1: it's got to be thirteen. You've gotta have thirteen because 1544 01:29:32,360 --> 01:29:34,600 Speaker 1: that's how we're gonna make the spell work. Yeah, And 1545 01:29:34,760 --> 01:29:36,400 Speaker 1: so I was like, why are you freaking out? We 1546 01:29:36,560 --> 01:29:39,160 Speaker 1: got nine? That's solid, And they were like, no, man, 1547 01:29:39,760 --> 01:29:43,080 Speaker 1: we've got a thing we're gonna do later. But but 1548 01:29:43,320 --> 01:29:46,640 Speaker 1: to be absolutely clear, the off chance that someone is 1549 01:29:46,680 --> 01:29:49,680 Speaker 1: frightened about this, uh, the there is none of this 1550 01:29:49,760 --> 01:29:52,000 Speaker 1: stuff has been proven. None of this stuff has been 1551 01:29:52,040 --> 01:29:54,800 Speaker 1: proven in a way that people accept or at least 1552 01:29:55,000 --> 01:29:57,519 Speaker 1: when we say that, we mean that no one has 1553 01:29:57,760 --> 01:30:02,719 Speaker 1: come to us and said, ah, ship. You guys figured 1554 01:30:02,760 --> 01:30:05,920 Speaker 1: it out. Was it we had a good run? Was 1555 01:30:06,000 --> 01:30:08,960 Speaker 1: it thirteen? Were there too many? Thirteen? We were worried 1556 01:30:09,000 --> 01:30:12,760 Speaker 1: about the thirteens? But my god, you guys. Uh so, 1557 01:30:13,040 --> 01:30:15,800 Speaker 1: no one, no one has proven this. But it is 1558 01:30:15,960 --> 01:30:20,160 Speaker 1: true that the Federal Reserve was conceived and founded as 1559 01:30:20,240 --> 01:30:24,200 Speaker 1: the result of a genuine conspiracy, not a conspiracy theory. 1560 01:30:24,600 --> 01:30:28,800 Speaker 1: These people conspired to create this thing, and then they 1561 01:30:29,000 --> 01:30:33,160 Speaker 1: covered it up effectively for years, and even today many 1562 01:30:33,240 --> 01:30:37,160 Speaker 1: of its operations are conducted in secret. So it's no 1563 01:30:37,320 --> 01:30:41,559 Speaker 1: wonder that the story here inevitably ends on some vital questions. 1564 01:30:42,160 --> 01:30:46,479 Speaker 1: Does the FED prevent disasters or does it create them? 1565 01:30:46,600 --> 01:30:48,880 Speaker 1: You know? And if it does create them, does it 1566 01:30:49,040 --> 01:30:55,360 Speaker 1: do so through honest mistakes, through incompetence, or through design? 1567 01:30:59,479 --> 01:31:03,120 Speaker 1: That's it. I don't know. I mean, Matt, dude, it's crazy. 1568 01:31:04,400 --> 01:31:08,400 Speaker 1: We can't do anything about this. Seriously, none of us 1569 01:31:08,439 --> 01:31:13,920 Speaker 1: sitting in this room could do anything about this. It's 1570 01:31:13,960 --> 01:31:19,840 Speaker 1: a fun show, you guys. Sorry, I'm sorry. Really just 1571 01:31:20,040 --> 01:31:23,559 Speaker 1: frustrates me to well. It is true, Matt, I mean, 1572 01:31:23,680 --> 01:31:27,320 Speaker 1: either way, there's some just we don't need magic to 1573 01:31:27,439 --> 01:31:30,160 Speaker 1: be real to know that there are problematic things here. 1574 01:31:30,840 --> 01:31:33,520 Speaker 1: There is a disturbing truth at the heart of these conspiracies. 1575 01:31:33,680 --> 01:31:38,200 Speaker 1: There's a bit of historical fact hidden in that fiduciary fiction. 1576 01:31:38,479 --> 01:31:41,679 Speaker 1: And the next time you pull out a dollar, think 1577 01:31:41,720 --> 01:31:44,320 Speaker 1: about it, ask yourself what it may or may not represent, 1578 01:31:44,439 --> 01:31:46,320 Speaker 1: and how it impacts the world in which we live. 1579 01:31:46,680 --> 01:31:48,240 Speaker 1: As a matter of fact, the next time you walk 1580 01:31:48,360 --> 01:31:51,799 Speaker 1: by a strange bit of odd graffiti scrawled and sharpie 1581 01:31:52,160 --> 01:31:55,960 Speaker 1: or chalk or spray paint along a busy street, ask 1582 01:31:56,040 --> 01:31:59,600 Speaker 1: yourself whether it's a work of art hidden message. If so, 1583 01:32:00,000 --> 01:32:02,280 Speaker 1: who is it meant for? And what does it say? 1584 01:32:03,000 --> 01:32:08,439 Speaker 1: Is it something they don't want you to know? Okay, alright, Matt, 1585 01:32:08,560 --> 01:32:12,360 Speaker 1: So that's mostly the show, right, Yeah, it was pretty good. 1586 01:32:12,680 --> 01:32:15,840 Speaker 1: I enjoyed it. I enjoyed that both being on it 1587 01:32:15,960 --> 01:32:22,320 Speaker 1: and listening to it. Job, good job, good job everybody. Also, 1588 01:32:22,479 --> 01:32:25,280 Speaker 1: we were probably doing a better job in that episode 1589 01:32:25,680 --> 01:32:30,560 Speaker 1: because Paul Mission Control Decond was at the show, and 1590 01:32:30,760 --> 01:32:33,240 Speaker 1: that's the whole reason. He just gave all the vibes 1591 01:32:33,439 --> 01:32:35,600 Speaker 1: And it was the fifth iteration, the fifth time we 1592 01:32:35,680 --> 01:32:38,000 Speaker 1: had done it, so we had ironed it out a 1593 01:32:38,080 --> 01:32:40,640 Speaker 1: little bit. Oh but there's one other thing, ye that 1594 01:32:40,760 --> 01:32:43,120 Speaker 1: we maybe we should have mentioned this at the top. 1595 01:32:44,200 --> 01:32:46,320 Speaker 1: We like to do sort of a Q and anything 1596 01:32:46,439 --> 01:32:49,120 Speaker 1: at the end of the show, and we had a 1597 01:32:49,520 --> 01:32:51,960 Speaker 1: Q and A that took place not in Atlanta but 1598 01:32:52,200 --> 01:32:56,120 Speaker 1: earlier in Philadelphia, and we really enjoyed, uh this q 1599 01:32:56,360 --> 01:32:58,960 Speaker 1: A at least we enjoyed doing it at the time. 1600 01:32:59,080 --> 01:33:02,040 Speaker 1: I haven't listened back yet. Oh, it's great, just so 1601 01:33:02,120 --> 01:33:06,000 Speaker 1: many good questions and passionate people. Um, probably it was 1602 01:33:06,080 --> 01:33:08,880 Speaker 1: my favorite QA as well. So we're gonna listen to 1603 01:33:08,960 --> 01:33:17,200 Speaker 1: it now. Hey, hey guys, Hey man Trevor. Hey, how's 1604 01:33:17,200 --> 01:33:21,439 Speaker 1: it going in Oh, it's going well. Um, going back 1605 01:33:21,479 --> 01:33:24,759 Speaker 1: to the beginning of the podcast, you guys were talking 1606 01:33:24,840 --> 01:33:30,920 Speaker 1: about the hobo symbols. So if stuff they don't want 1607 01:33:30,960 --> 01:33:33,840 Speaker 1: you to know how to hobo symbol, and you guys 1608 01:33:33,920 --> 01:33:36,639 Speaker 1: were going to post on on the outside of World 1609 01:33:36,720 --> 01:33:40,639 Speaker 1: Cafe Live after we leave here with that spray paint 1610 01:33:41,040 --> 01:33:43,840 Speaker 1: didn't bring. What would it look like? I can tell 1611 01:33:43,880 --> 01:33:46,840 Speaker 1: you what it would be. Yeah, we cannot officially tell 1612 01:33:46,920 --> 01:33:49,679 Speaker 1: you it would be the first officially, if we cannot 1613 01:33:49,800 --> 01:33:53,920 Speaker 1: officially tell you that, it would definitely be the first 1614 01:33:54,720 --> 01:34:00,639 Speaker 1: three alpha numeric letters from our phone number. Well, that's 1615 01:34:00,720 --> 01:34:08,800 Speaker 1: t d We cannot we cannot officially tell you that 1616 01:34:09,240 --> 01:34:12,600 Speaker 1: that that it would be something involving an eye in 1617 01:34:12,640 --> 01:34:16,920 Speaker 1: a triangle. Again, we cannot officially tell you that it 1618 01:34:17,040 --> 01:34:25,639 Speaker 1: would be something involving a triangle, right or maybe maybe Trevor, 1619 01:34:25,920 --> 01:34:29,760 Speaker 1: maybe it would be yeah there you go. Yeah, hey go, 1620 01:34:29,960 --> 01:34:35,879 Speaker 1: that's the thing. Okay, yea redo, redo. We cannot officially 1621 01:34:35,920 --> 01:34:40,080 Speaker 1: tell you would be a six fingered tap. Thanks for 1622 01:34:40,160 --> 01:34:46,720 Speaker 1: coming true. Thanks, Trevor. It was um Hi, my name 1623 01:34:46,800 --> 01:34:51,200 Speaker 1: is Chris, Chris, I'm listener. I just wanted to like 1624 01:34:51,520 --> 01:34:57,040 Speaker 1: with this uh theme of like Federal Reserve, you know, 1625 01:34:57,200 --> 01:34:59,800 Speaker 1: like control, like if this like have you ever thought 1626 01:34:59,840 --> 01:35:03,160 Speaker 1: a out like student loans as a way of like 1627 01:35:03,320 --> 01:35:07,880 Speaker 1: controlling I think about it every day. Yeah yeah, student 1628 01:35:07,960 --> 01:35:10,599 Speaker 1: loans just like just like a metal condition like where 1629 01:35:10,640 --> 01:35:14,439 Speaker 1: it's like a form of control. But here's how you do. Yeah, 1630 01:35:15,000 --> 01:35:18,120 Speaker 1: I'm working on it. But because I've got, uh, I've 1631 01:35:18,200 --> 01:35:22,240 Speaker 1: got I've got one long term relationship in my life. 1632 01:35:22,800 --> 01:35:27,519 Speaker 1: Uh it's my main girlfriend, Sally May. Yeah, mine got 1633 01:35:27,600 --> 01:35:29,760 Speaker 1: sold Mine's not even Sally anymore. I don't even know 1634 01:35:29,800 --> 01:35:33,040 Speaker 1: what it's called. Yeah, but yeah, that's that's the one. 1635 01:35:33,439 --> 01:35:36,960 Speaker 1: Navy and yeah, Navy. Yeah, but that's that's I mean, 1636 01:35:37,040 --> 01:35:40,799 Speaker 1: that's an important question, and it is. It's strange because 1637 01:35:41,280 --> 01:35:45,400 Speaker 1: it will occasionally get reported, but it's crippling the growth 1638 01:35:45,640 --> 01:35:49,160 Speaker 1: of future generations. You know, Have you ever had somebody 1639 01:35:49,240 --> 01:35:52,400 Speaker 1: who's older in your family, maybe a little stagy, and 1640 01:35:52,479 --> 01:35:55,360 Speaker 1: they're like, well, when I was, when I was twenty eight, 1641 01:35:55,520 --> 01:35:57,800 Speaker 1: I had you know, like I had my job at 1642 01:35:57,840 --> 01:36:00,400 Speaker 1: the paint store, and I sold my for to house 1643 01:36:00,439 --> 01:36:02,439 Speaker 1: and made it a rental, and then I bought a 1644 01:36:02,560 --> 01:36:08,040 Speaker 1: car and I just you know, pooped everywhere. I don't know, 1645 01:36:08,760 --> 01:36:11,880 Speaker 1: I don't know, I don't know, but but it's it's 1646 01:36:11,960 --> 01:36:16,639 Speaker 1: true if yours, but if it's interesting in the US 1647 01:36:16,760 --> 01:36:20,840 Speaker 1: this night, because I looked into it, and for that 1648 01:36:21,120 --> 01:36:24,479 Speaker 1: situation in post World War two and the boom of 1649 01:36:24,560 --> 01:36:28,800 Speaker 1: the economy to exist, for someone making minimum wage to 1650 01:36:28,920 --> 01:36:30,960 Speaker 1: buy a house, have two point five kids, all that 1651 01:36:31,080 --> 01:36:35,439 Speaker 1: other uh census bullshit, the minimum wage would have to 1652 01:36:35,520 --> 01:36:38,720 Speaker 1: be slightly over forty five an hour. That's how I'm 1653 01:36:38,720 --> 01:36:42,679 Speaker 1: phrase has worked out right now. Yeah, Um, I don't 1654 01:36:42,720 --> 01:36:44,720 Speaker 1: make that. Does anybody make that out of here? They're 1655 01:36:44,720 --> 01:36:51,880 Speaker 1: not gonna say, of course, yeah, that's what they bill 1656 01:36:52,000 --> 01:36:59,479 Speaker 1: me for they don't pay me that. But yeah, that's 1657 01:36:59,520 --> 01:37:02,800 Speaker 1: actually that's that's something that we've been putting a lot 1658 01:37:02,880 --> 01:37:04,920 Speaker 1: of digging into and we're we're hoping to do an 1659 01:37:04,960 --> 01:37:08,639 Speaker 1: episode on that pretty soon. So thank you for asking 1660 01:37:08,680 --> 01:37:12,040 Speaker 1: this question. Um, As far as the implications of it, 1661 01:37:12,439 --> 01:37:15,240 Speaker 1: I would say, yes, it is. It is not a 1662 01:37:15,320 --> 01:37:19,680 Speaker 1: conspiracy theory. It is a conspiracy people are conspiring to 1663 01:37:21,400 --> 01:37:25,840 Speaker 1: to privatize education. Like at the same time that student 1664 01:37:25,920 --> 01:37:29,200 Speaker 1: loans boomed and I'll get off my soapbox in a second, 1665 01:37:29,240 --> 01:37:31,920 Speaker 1: I hope you don't regret asking this. But at the 1666 01:37:32,040 --> 01:37:35,960 Speaker 1: same time that student loans began booming as an increasingly 1667 01:37:36,040 --> 01:37:41,120 Speaker 1: privatized industry, there also occurred this change in the zeitgeist 1668 01:37:41,439 --> 01:37:44,720 Speaker 1: wherein you were told, we were all told that the 1669 01:37:44,880 --> 01:37:47,040 Speaker 1: only way you can have a life worth living in 1670 01:37:47,120 --> 01:37:50,040 Speaker 1: this country is if you can sign yourself to college, 1671 01:37:50,280 --> 01:37:52,640 Speaker 1: if you can sign yourself to grad school, if you 1672 01:37:52,720 --> 01:37:55,600 Speaker 1: don't go to trade school, if you like we we 1673 01:37:55,720 --> 01:37:59,160 Speaker 1: were taught to look down on people for that reason. 1674 01:37:59,560 --> 01:38:03,280 Speaker 1: And that's yeah, and that's that's insidious, and it's like 1675 01:38:04,200 --> 01:38:07,040 Speaker 1: it's going to affect us. It's straight up, Edward bernais obvious. 1676 01:38:08,240 --> 01:38:14,200 Speaker 1: Thank you I'm Lindsay. I'm here with Lindsay. I've been 1677 01:38:14,280 --> 01:38:16,599 Speaker 1: listening for a couple of years. How do you guys 1678 01:38:16,680 --> 01:38:21,680 Speaker 1: stay optimistic? You dive into some of the things they 1679 01:38:21,760 --> 01:38:26,320 Speaker 1: bore on ridiculous or esoteric. But tonight you talked about 1680 01:38:26,439 --> 01:38:29,280 Speaker 1: a lot of things that affect us as citizens or 1681 01:38:29,520 --> 01:38:33,120 Speaker 1: just people. So how do you keep the optimism with 1682 01:38:33,240 --> 01:38:40,760 Speaker 1: the show and you seem optimistic, you have you misreading? No, 1683 01:38:40,920 --> 01:38:43,280 Speaker 1: I don't know. It's hard. It's hard. I mean, I 1684 01:38:43,400 --> 01:38:46,400 Speaker 1: have a Me and Matt have kids, and that makes 1685 01:38:46,439 --> 01:38:49,080 Speaker 1: it extra hard because it's all filtered through this notion 1686 01:38:49,160 --> 01:38:50,680 Speaker 1: of like what's it going to be like for my 1687 01:38:50,840 --> 01:38:54,360 Speaker 1: nine year old? And I'm constantly living in fear and dread. 1688 01:38:54,479 --> 01:38:57,600 Speaker 1: But you know, one day at a time. UM, And 1689 01:38:58,479 --> 01:39:00,559 Speaker 1: I just I just I just have that my kid 1690 01:39:00,640 --> 01:39:03,360 Speaker 1: is smarter than me and it's gonna be like pluckier 1691 01:39:03,439 --> 01:39:05,080 Speaker 1: than me, and just figure that ship out and just 1692 01:39:05,200 --> 01:39:09,040 Speaker 1: like navigate whatever life throws at her. Um. And that's 1693 01:39:09,120 --> 01:39:12,479 Speaker 1: that's my optimism there. So I honestly have to say 1694 01:39:12,600 --> 01:39:17,360 Speaker 1: that it requires cognitive dissonance to continue. I'm being completely 1695 01:39:17,439 --> 01:39:21,280 Speaker 1: honest to know the things that we all in this room. No, 1696 01:39:21,680 --> 01:39:25,360 Speaker 1: and continue on as though everything is okay. We just can't. 1697 01:39:25,760 --> 01:39:27,519 Speaker 1: We kind of have to not look at it. And 1698 01:39:27,680 --> 01:39:29,080 Speaker 1: I think that's the way it's been for a long 1699 01:39:29,200 --> 01:39:31,160 Speaker 1: time for a lot of humans. But it's literally our 1700 01:39:31,200 --> 01:39:36,000 Speaker 1: job to look at it. So but we in particular, Yes, um, 1701 01:39:36,720 --> 01:39:38,760 Speaker 1: but that is that not a head in the sand. 1702 01:39:38,880 --> 01:39:42,200 Speaker 1: For me, it's video games, alcohol, uh in nicotine. So 1703 01:39:44,720 --> 01:39:47,320 Speaker 1: I have about three feelings a year. Optimism is not 1704 01:39:47,439 --> 01:39:55,519 Speaker 1: one anybody else videos. Thank you so much for past Yes, 1705 01:39:55,640 --> 01:39:59,840 Speaker 1: thank you, way fun connecting us all. Hey guys, hey man, 1706 01:40:00,479 --> 01:40:04,040 Speaker 1: I mean the construction industry. So to the student loan thing, 1707 01:40:04,120 --> 01:40:08,559 Speaker 1: we're now seeing a dip in available labor because because 1708 01:40:08,600 --> 01:40:11,599 Speaker 1: of that idea. But going back to the beginning, there's 1709 01:40:11,600 --> 01:40:14,719 Speaker 1: a great UM documentary about the toy and be Talles 1710 01:40:14,760 --> 01:40:19,840 Speaker 1: called Resurrect Dead. We can find online it's everything from that. Yeah, 1711 01:40:21,400 --> 01:40:24,439 Speaker 1: it's a great film. It's really good film, a ridiculous history. 1712 01:40:26,320 --> 01:40:35,720 Speaker 1: Wait show everybody, everybody, thanks man, thanks so much. You 1713 01:40:35,760 --> 01:40:37,600 Speaker 1: know they didn't give us free T shirts? Can you 1714 01:40:37,640 --> 01:40:44,400 Speaker 1: believe that we had? Because they print them on demand? Yes. Hello, 1715 01:40:47,960 --> 01:40:52,599 Speaker 1: oh there it's a switch on the bottom. Hello. Hello, 1716 01:40:53,040 --> 01:40:57,040 Speaker 1: my name's Kelsey. Um I have a question in regards 1717 01:40:57,120 --> 01:41:01,760 Speaker 1: to our conversation earlier about the Federal Reserve, So the 1718 01:41:01,960 --> 01:41:05,720 Speaker 1: errors that it makes, do you think there's any possibility 1719 01:41:05,840 --> 01:41:10,000 Speaker 1: that good algorithms could offer a level of accountability for 1720 01:41:10,160 --> 01:41:13,600 Speaker 1: what they do? You want to bring AI into this. 1721 01:41:15,280 --> 01:41:18,800 Speaker 1: It's slippery slope, my friends, It's already there. It's really 1722 01:41:18,960 --> 01:41:23,680 Speaker 1: it's that's a that's a wonderful question, because, um, regardless 1723 01:41:23,720 --> 01:41:28,080 Speaker 1: of how someone feels ethically about the concept of machine consciousness, 1724 01:41:28,240 --> 01:41:31,560 Speaker 1: which is not really where we're at now, machine consciousness 1725 01:41:31,600 --> 01:41:34,360 Speaker 1: would be everybody thinking to some degree the way that 1726 01:41:34,479 --> 01:41:38,160 Speaker 1: we do. But what we have now when we say 1727 01:41:38,360 --> 01:41:41,680 Speaker 1: artificial intelligence, is we have things that are very good 1728 01:41:41,760 --> 01:41:45,680 Speaker 1: at solving specific problems. So like we can make the 1729 01:41:45,840 --> 01:41:48,479 Speaker 1: mind of something that could go through a maze, or 1730 01:41:48,600 --> 01:41:52,520 Speaker 1: compare columns of data and answer questions in those parameters. 1731 01:41:52,840 --> 01:41:58,080 Speaker 1: We don't have anything that can do something like ask why, right, 1732 01:41:58,280 --> 01:42:05,920 Speaker 1: are you a data scientist? Yeah right, I'm sorry, I'm 1733 01:42:05,960 --> 01:42:09,560 Speaker 1: a science, Technology and society major. Okay, yea. So so 1734 01:42:10,160 --> 01:42:14,479 Speaker 1: the question, so to your question directly, the the truth 1735 01:42:14,640 --> 01:42:17,760 Speaker 1: is that this sort of technology is inevitable, and in 1736 01:42:17,960 --> 01:42:21,519 Speaker 1: certain spheres it's much further along than some people might imagine. 1737 01:42:22,120 --> 01:42:25,240 Speaker 1: In the stock market, in the trading industry, a lot 1738 01:42:25,520 --> 01:42:29,800 Speaker 1: of a lot of very quick calculations are made, but 1739 01:42:29,920 --> 01:42:32,439 Speaker 1: they're not made for a greater good. They're made for 1740 01:42:32,640 --> 01:42:36,280 Speaker 1: a profit margin for a specific group or in some 1741 01:42:36,479 --> 01:42:38,640 Speaker 1: cases an individual, And there has to be a philosophy 1742 01:42:38,720 --> 01:42:40,840 Speaker 1: behind how you use the algorithms to and that's sort 1743 01:42:40,840 --> 01:42:43,479 Speaker 1: of what the FED does. In some ways. It's like, 1744 01:42:43,840 --> 01:42:48,400 Speaker 1: what is the economic philosophy that we're chasing, and so 1745 01:42:48,520 --> 01:42:51,360 Speaker 1: how do we put these algorithms to work to that end? 1746 01:42:51,560 --> 01:42:53,840 Speaker 1: But it's it's kind of like the trolley problem with 1747 01:42:54,040 --> 01:42:58,080 Speaker 1: autonomous vehicles. Right. So there's a study that came out 1748 01:42:58,160 --> 01:43:01,680 Speaker 1: recently about autonomous self driving vehicles. The big question is 1749 01:43:02,520 --> 01:43:06,280 Speaker 1: if they have to hit someone, how do they decide 1750 01:43:06,320 --> 01:43:09,640 Speaker 1: who to hit? Right? Is it? Is it? Do they 1751 01:43:10,200 --> 01:43:13,400 Speaker 1: do they hit like an average person walking on the street, 1752 01:43:14,040 --> 01:43:16,519 Speaker 1: or do they hit right? Or do they hit do 1753 01:43:16,640 --> 01:43:18,800 Speaker 1: they have a child? Well, it's funny you mentioned that 1754 01:43:18,920 --> 01:43:21,799 Speaker 1: because I think I think who never said that realized 1755 01:43:21,840 --> 01:43:25,000 Speaker 1: that there was a massive poll done recently and our 1756 01:43:25,200 --> 01:43:31,599 Speaker 1: species agreed overwhelmingly hit the elderly. Yeah, which is really 1757 01:43:31,680 --> 01:43:34,360 Speaker 1: cool for us right now. But keep in mind, we're 1758 01:43:34,400 --> 01:43:37,519 Speaker 1: gonna be old when that stuff is everywhere. So so 1759 01:43:37,680 --> 01:43:43,160 Speaker 1: that same question applies to the Federal Reserve. Um who 1760 01:43:43,760 --> 01:43:48,599 Speaker 1: like who profits from a certain area of stability? Right? 1761 01:43:48,880 --> 01:43:51,800 Speaker 1: If if we can do if if we have an 1762 01:43:51,800 --> 01:43:56,160 Speaker 1: algorithm that tells us uh uptick and interest here is 1763 01:43:56,320 --> 01:43:58,840 Speaker 1: very good for this specific part of the economy or 1764 01:43:58,880 --> 01:44:01,800 Speaker 1: this specific demograph think they're in, but very bad for 1765 01:44:01,880 --> 01:44:07,439 Speaker 1: another demographic, then who who programs it to value that question? 1766 01:44:07,760 --> 01:44:10,439 Speaker 1: Because again, we're a long way off from building an 1767 01:44:10,560 --> 01:44:14,639 Speaker 1: artificial mind that can ask why it's solving a problem. 1768 01:44:15,160 --> 01:44:19,200 Speaker 1: And so if that, if we have something steering the 1769 01:44:19,320 --> 01:44:23,120 Speaker 1: Federal Reserve before it can ask why it's doing something, 1770 01:44:23,560 --> 01:44:29,000 Speaker 1: then we are setting ourselves up for a very very 1771 01:44:29,120 --> 01:44:32,080 Speaker 1: interesting times, I believe is the euphemism. I would say 1772 01:44:32,120 --> 01:44:35,640 Speaker 1: the pattern recognition of machine learning could definitely have some 1773 01:44:35,720 --> 01:44:39,120 Speaker 1: help there to try and predict when financial institutions may 1774 01:44:39,160 --> 01:44:42,000 Speaker 1: be weak or be ready to crash, or then you know, 1775 01:44:42,080 --> 01:44:44,000 Speaker 1: how much should the interests wory you go up or 1776 01:44:44,040 --> 01:44:47,439 Speaker 1: how little And you actually have just a machine that's 1777 01:44:47,479 --> 01:44:49,160 Speaker 1: doing that and looking at the patterns and not actually 1778 01:44:49,240 --> 01:44:52,479 Speaker 1: making decisions, but giving you feedback. I think that's a 1779 01:44:52,800 --> 01:44:57,040 Speaker 1: really good thing. Also, any any AI algorithm run on 1780 01:44:57,920 --> 01:45:01,120 Speaker 1: the student loan problem would come to the same conclusions 1781 01:45:01,160 --> 01:45:03,760 Speaker 1: that we came to tonight. I'm just saying that is true. 1782 01:45:05,600 --> 01:45:09,080 Speaker 1: Anybody else, anybody else? I see a hand over here? Cool? Oh, 1783 01:45:09,120 --> 01:45:12,599 Speaker 1: I see one over here too. We got we let's 1784 01:45:12,600 --> 01:45:14,519 Speaker 1: do we're We've got one question here first, and then 1785 01:45:14,560 --> 01:45:16,439 Speaker 1: you are next, sir, if you want to hang out 1786 01:45:17,080 --> 01:45:20,600 Speaker 1: a big fan. Um. Thanks, man didn't finish college, so 1787 01:45:20,840 --> 01:45:26,639 Speaker 1: no loans. Um. But so I love everything conspiracy, everything 1788 01:45:26,800 --> 01:45:29,960 Speaker 1: from aliens, do they exist? What are they really doing 1789 01:45:30,040 --> 01:45:35,439 Speaker 1: on Plumb Island? Blah blah. But this one is the 1790 01:45:35,680 --> 01:45:38,360 Speaker 1: real one, if I think you know, it affects us 1791 01:45:38,600 --> 01:45:42,000 Speaker 1: in our everyday life. And so I've like dove pretty 1792 01:45:42,040 --> 01:45:44,519 Speaker 1: deep on this. And there's all these theories about and 1793 01:45:44,520 --> 01:45:46,000 Speaker 1: I don't know if you guys came across this in 1794 01:45:46,040 --> 01:45:49,519 Speaker 1: your research, but um, there were three presidents who made 1795 01:45:49,560 --> 01:45:53,280 Speaker 1: a really really hard push to get off the federal Reserve. 1796 01:45:53,400 --> 01:45:57,000 Speaker 1: Andrew Jackson, Abraham Lincoln, John F. Kennedy And they all 1797 01:45:57,160 --> 01:46:01,080 Speaker 1: have something in common like Executive Order eleven eleven zero. 1798 01:46:01,160 --> 01:46:03,920 Speaker 1: I believe, yeah, that's right, right, And we're actually are 1799 01:46:04,000 --> 01:46:08,439 Speaker 1: sitting president, has made some pretty forward comments about getting 1800 01:46:08,479 --> 01:46:12,479 Speaker 1: off the reserve and makes forward comments that all class 1801 01:46:13,840 --> 01:46:16,439 Speaker 1: he has the decorum of. But it's just it's just 1802 01:46:16,640 --> 01:46:20,040 Speaker 1: kind of Yeah. It makes you scratch your head a 1803 01:46:20,120 --> 01:46:22,360 Speaker 1: little bit, and it makes you curious, you know, like 1804 01:46:23,200 --> 01:46:26,639 Speaker 1: maybe there would be a pattern forming if three isn't 1805 01:46:26,760 --> 01:46:32,439 Speaker 1: enough of a pattern. Well, yeah, I would say that 1806 01:46:32,600 --> 01:46:35,839 Speaker 1: some of that executive order stuff in the theories, depending 1807 01:46:35,840 --> 01:46:38,800 Speaker 1: on where you're reading it, it isn't really based on 1808 01:46:38,920 --> 01:46:41,720 Speaker 1: the stuff that it says it's based on. There has 1809 01:46:41,800 --> 01:46:44,280 Speaker 1: more to do with what was it. The whole silver 1810 01:46:44,400 --> 01:46:47,840 Speaker 1: standard thing is a little more murky than what a 1811 01:46:47,920 --> 01:46:51,320 Speaker 1: lot of these websites claim it to be. Um specifically 1812 01:46:51,479 --> 01:46:56,240 Speaker 1: with Kennedy. Well also Kennedy had very few friends, uh 1813 01:46:56,479 --> 01:46:59,880 Speaker 1: in the halls of power. It's kind of a situation 1814 01:47:00,000 --> 01:47:02,000 Speaker 1: and where it's like, well, if he wasn't shot for 1815 01:47:02,120 --> 01:47:06,440 Speaker 1: one thing here or the other other reasons, other multitudes 1816 01:47:06,479 --> 01:47:09,160 Speaker 1: of reasons that people decided it would be cool if 1817 01:47:09,200 --> 01:47:11,320 Speaker 1: he had a hole in his head. Um, which I 1818 01:47:11,400 --> 01:47:14,400 Speaker 1: know is graphics, but that's what happened. That's what happens, harsh, 1819 01:47:14,560 --> 01:47:17,920 Speaker 1: that's what happens. But the um But to your question, 1820 01:47:18,000 --> 01:47:22,080 Speaker 1: what's really interesting is Abraham Lincoln actually was, especially during 1821 01:47:22,120 --> 01:47:26,560 Speaker 1: the Civil War, very opposed to the interest rate that 1822 01:47:26,720 --> 01:47:29,680 Speaker 1: the nation was getting saddled with through banking. And it's 1823 01:47:29,760 --> 01:47:32,720 Speaker 1: kind of weird when we read when it's kind of 1824 01:47:32,800 --> 01:47:36,760 Speaker 1: weird what parts of historical anecdotes are specified and what 1825 01:47:36,920 --> 01:47:40,200 Speaker 1: parts what characters are left blank or vague, because it's 1826 01:47:40,200 --> 01:47:44,320 Speaker 1: always like Lincoln was pissed that the US was gonna 1827 01:47:44,360 --> 01:47:46,960 Speaker 1: be broke, Camelton was pissed that the US owed money 1828 01:47:47,080 --> 01:47:51,439 Speaker 1: to whom. You know, those people aren't often named in 1829 01:47:51,640 --> 01:47:55,439 Speaker 1: specific or in particular. And I'm going to keep this 1830 01:47:56,120 --> 01:48:00,280 Speaker 1: thought you sent in my head. Uh if, if, if 1831 01:48:00,400 --> 01:48:02,680 Speaker 1: something happens, and then I think we have a lot 1832 01:48:02,760 --> 01:48:06,120 Speaker 1: of dicking to do. But obviously I don't. I don't 1833 01:48:06,240 --> 01:48:08,960 Speaker 1: personally want just anyone in the world to get shot, 1834 01:48:09,000 --> 01:48:12,200 Speaker 1: although statistically many people did. What we were recording this 1835 01:48:12,280 --> 01:48:16,880 Speaker 1: show too dark. Sorry, guys, there are a lot of 1836 01:48:16,920 --> 01:48:19,400 Speaker 1: the guns. They have to hang out with me all 1837 01:48:19,439 --> 01:48:22,400 Speaker 1: the time. So then here, yeah, I need another one 1838 01:48:22,439 --> 01:48:24,840 Speaker 1: of Yeah, let's let's let's let's take one more question, 1839 01:48:26,320 --> 01:48:29,240 Speaker 1: more question, one more question? Are we doings? Hey? Hey, 1840 01:48:29,400 --> 01:48:32,479 Speaker 1: what's up? Man? So first time, first time, so yes, 1841 01:48:32,960 --> 01:48:35,599 Speaker 1: this was pretty awesome. This was a birthday gift from 1842 01:48:36,240 --> 01:48:42,280 Speaker 1: my friend Aaron. How did my birthday? So? Okay, birthday, 1843 01:48:43,160 --> 01:48:46,120 Speaker 1: let's do it. Hey, what's your what's your name? Mike okay? 1844 01:48:46,240 --> 01:48:48,080 Speaker 1: On the counter of three, can everybody say, happy birthday, 1845 01:48:48,080 --> 01:48:53,720 Speaker 1: Mike okay. One to my wife's birthday the same day too, 1846 01:48:53,960 --> 01:48:57,080 Speaker 1: and her name's Kim, so Kim and so on the 1847 01:48:57,160 --> 01:49:01,080 Speaker 1: counter three Happy birthday, Mike and Kim sir one too, 1848 01:49:01,560 --> 01:49:07,559 Speaker 1: three Happy birthday? And kill that was did we didn't 1849 01:49:07,600 --> 01:49:09,639 Speaker 1: ask you to How that's good? Yeah, thank you, thank 1850 01:49:09,680 --> 01:49:12,719 Speaker 1: you Mike. That was recorded by the way we reported. 1851 01:49:12,760 --> 01:49:16,080 Speaker 1: That's going to come out. It's being recorded by the 1852 01:49:16,400 --> 01:49:20,559 Speaker 1: girl that bought the ticket. All right, what's up? What's 1853 01:49:20,600 --> 01:49:23,040 Speaker 1: our birthday? Man? So here's my question? And I have 1854 01:49:23,240 --> 01:49:27,120 Speaker 1: like seven hundred thousand questions after like being introduced to 1855 01:49:27,200 --> 01:49:31,880 Speaker 1: the world. That are you guys? But all right, it's 1856 01:49:31,880 --> 01:49:34,040 Speaker 1: gonna be a softball or it's going to be a curveball. 1857 01:49:34,120 --> 01:49:39,040 Speaker 1: So let's see, let's go. We're we started about toynbee tiles, 1858 01:49:39,280 --> 01:49:45,000 Speaker 1: we started about hobo code. How difficult is it to 1859 01:49:46,479 --> 01:49:56,360 Speaker 1: articulate the difference between Hobo code and Hoda Cobe. That's 1860 01:49:56,400 --> 01:50:05,599 Speaker 1: it question. So thanks guys. You guys wanted a birthday wish. Seriously, 1861 01:50:05,680 --> 01:50:07,760 Speaker 1: the whole time you were talking, I thought it was 1862 01:50:08,120 --> 01:50:16,240 Speaker 1: Hoda Cope work. Uh is there is there a burning question? 1863 01:50:17,600 --> 01:50:21,200 Speaker 1: Oh it's John. What's up John? It's John without an age, 1864 01:50:21,720 --> 01:50:25,720 Speaker 1: John without an age? Thank you? Okay, So about two 1865 01:50:25,840 --> 01:50:29,000 Speaker 1: days ago, three years ago, somebody won one point five 1866 01:50:29,040 --> 01:50:33,680 Speaker 1: billion dollars right yeah, personally, yeah, I wish it was made, 1867 01:50:33,760 --> 01:50:39,439 Speaker 1: but I think I could do more more good with 1868 01:50:39,840 --> 01:50:43,240 Speaker 1: more money than more power. Do you guys think that 1869 01:50:43,320 --> 01:50:46,679 Speaker 1: you could do more good with one point five billion 1870 01:50:47,920 --> 01:50:50,479 Speaker 1: in in dollars? Or do you guys think you could 1871 01:50:50,560 --> 01:50:57,640 Speaker 1: do more good running a country, running a city, or 1872 01:50:57,720 --> 01:51:00,639 Speaker 1: more power? Well, I'll just start and then you guys 1873 01:51:00,760 --> 01:51:04,200 Speaker 1: build really fast. I think the money is the power 1874 01:51:04,479 --> 01:51:07,960 Speaker 1: in this instance, because we've said this before, Ben has 1875 01:51:08,240 --> 01:51:12,960 Speaker 1: uh this phrase, Um, what is one of the biggest superpowers, 1876 01:51:13,120 --> 01:51:16,719 Speaker 1: the actual real superpower you can have? Oh yeah, money, money, 1877 01:51:16,800 --> 01:51:19,240 Speaker 1: like it's one of the real superpowers that exists because 1878 01:51:19,360 --> 01:51:22,320 Speaker 1: cut yeah, go ahead, go ahead? Can I And I said, 1879 01:51:22,320 --> 01:51:25,000 Speaker 1: all right? So I feel this is one of my 1880 01:51:25,080 --> 01:51:29,439 Speaker 1: three feelings. Done. Uh, it's that Batman is often build 1881 01:51:29,640 --> 01:51:31,360 Speaker 1: I mean, I mean, I get it, I'll make it quick. 1882 01:51:31,400 --> 01:51:34,320 Speaker 1: I know we have to pay and stuff. But Batman 1883 01:51:34,800 --> 01:51:38,120 Speaker 1: is often build as this amazing superhero because he's the 1884 01:51:38,200 --> 01:51:41,519 Speaker 1: world's greatest detective. Because he doesn't have superpowers, he has 1885 01:51:41,680 --> 01:51:45,080 Speaker 1: ingenuity that is utter as an utter line of horseshit. 1886 01:51:45,360 --> 01:51:49,400 Speaker 1: Because Bruce Wayne is a billionaire. He didn't build the 1887 01:51:49,479 --> 01:51:53,080 Speaker 1: suit himself, he didn't build the Batmobile. Instead, he paid 1888 01:51:53,200 --> 01:51:56,400 Speaker 1: someone to do it, which means that if you look 1889 01:51:56,439 --> 01:51:59,280 Speaker 1: at the way it functions, the use of money is 1890 01:51:59,360 --> 01:52:02,639 Speaker 1: just value over time. So he's functioning as a time traveler. 1891 01:52:03,040 --> 01:52:05,599 Speaker 1: He's doing things through the use of money that would 1892 01:52:05,600 --> 01:52:09,559 Speaker 1: have taken decades, decades and decades to do. So. Money 1893 01:52:09,720 --> 01:52:14,000 Speaker 1: may not equate one on one with power in all situations. However, 1894 01:52:14,479 --> 01:52:18,559 Speaker 1: money does equate to taking the hours of someone else's labor, 1895 01:52:18,720 --> 01:52:21,320 Speaker 1: which I'm not I'm not going in a socialist direction 1896 01:52:21,400 --> 01:52:23,840 Speaker 1: with this. That's just the way. That's just the way 1897 01:52:23,920 --> 01:52:26,720 Speaker 1: it is. If somebody is paid five dollars an hour 1898 01:52:27,040 --> 01:52:29,360 Speaker 1: or forty five dollars an hour, then that is just 1899 01:52:29,520 --> 01:52:32,040 Speaker 1: the price of an hour. Do you know what I mean? 1900 01:52:32,720 --> 01:52:38,479 Speaker 1: A billionaires you guys say, I will say you guys 1901 01:52:38,840 --> 01:52:43,160 Speaker 1: do say that money corrupts, right, So if you guys 1902 01:52:43,240 --> 01:52:46,400 Speaker 1: were one point five billion dollars rich, would that not 1903 01:52:46,520 --> 01:52:50,200 Speaker 1: corrupt you? Of course, the lottery is terrible for people 1904 01:52:50,240 --> 01:52:55,240 Speaker 1: when they will ever, like, I think it would corrupt me, 1905 01:52:55,880 --> 01:52:57,560 Speaker 1: to be honest, I don't know. You seem like a 1906 01:52:57,600 --> 01:53:00,840 Speaker 1: pretty cool dude. But here here's here's my reasoning behind 1907 01:53:00,880 --> 01:53:03,720 Speaker 1: this and why I wanted to reference that, because if 1908 01:53:03,760 --> 01:53:06,320 Speaker 1: you're the leader of a country, there are so many 1909 01:53:06,400 --> 01:53:08,760 Speaker 1: constraints on you on what you can and can't do, 1910 01:53:08,880 --> 01:53:11,200 Speaker 1: because there's so many interests that you have to look 1911 01:53:11,200 --> 01:53:14,360 Speaker 1: out for. And that's everything that's economic, that's the people 1912 01:53:14,400 --> 01:53:16,559 Speaker 1: who live in your country, that's medical. I mean, it's 1913 01:53:16,560 --> 01:53:19,080 Speaker 1: just it's literally all the things right that you have 1914 01:53:19,160 --> 01:53:22,400 Speaker 1: to deal with. If you just independently get several billion 1915 01:53:22,479 --> 01:53:26,080 Speaker 1: dollars one point five billion dollars, you can use that 1916 01:53:26,240 --> 01:53:36,840 Speaker 1: however you want. Really you can jump. Well, I'm gonna 1917 01:53:36,880 --> 01:53:40,080 Speaker 1: I gonna end on one thing, John, I think your question. 1918 01:53:40,600 --> 01:53:42,639 Speaker 1: I think the more I think about it, I would 1919 01:53:42,720 --> 01:53:45,599 Speaker 1: I would go for I would go for power because 1920 01:53:45,920 --> 01:53:48,519 Speaker 1: if money is an idea, then a good idea can 1921 01:53:48,560 --> 01:53:51,720 Speaker 1: be money, so I would go. I would go for 1922 01:53:51,880 --> 01:53:53,960 Speaker 1: a movement or an idea, not to start a cult. 1923 01:53:54,000 --> 01:53:55,400 Speaker 1: I don't know what about you, and all you want 1924 01:53:55,439 --> 01:53:58,559 Speaker 1: the last word, I'll start a call. All right, let's start. Hey, 1925 01:53:58,640 --> 01:54:02,120 Speaker 1: you guys see, gonna be thank you so much