1 00:00:00,080 --> 00:00:02,880 Speaker 1: Hello, and welcome to another episode of The Mark Moss Show, 2 00:00:02,880 --> 00:00:06,640 Speaker 1: where we talk about the decentralized Revolution, talking about the 3 00:00:06,680 --> 00:00:11,600 Speaker 1: way the world is breaking apart, and it is. It's 4 00:00:11,640 --> 00:00:13,920 Speaker 1: breaking apart. Now, A lot of people don't really understand this. 5 00:00:14,640 --> 00:00:17,440 Speaker 1: The decentralized revolution is where we're going from a world 6 00:00:17,480 --> 00:00:21,760 Speaker 1: that's moving towards centralization and we're going back to decentralization. 7 00:00:21,760 --> 00:00:23,960 Speaker 1: And of course we look at through the lens of politics, finance, 8 00:00:24,040 --> 00:00:28,280 Speaker 1: and technology, so we can put things into context. And 9 00:00:28,360 --> 00:00:33,159 Speaker 1: the technology is bitcoin, which is the decentralized technology that's 10 00:00:33,200 --> 00:00:35,720 Speaker 1: going to help decentralize with the world. Now, there's other 11 00:00:35,720 --> 00:00:38,120 Speaker 1: technologies that are going to decentralized the world. I've been 12 00:00:38,159 --> 00:00:40,520 Speaker 1: talking about that. We're going to talk about that more. 13 00:00:42,400 --> 00:00:44,200 Speaker 1: A lot of people don't understand, They say, but Mark, 14 00:00:44,320 --> 00:00:48,120 Speaker 1: what do you mean things are breaking apart? I just 15 00:00:48,159 --> 00:00:52,240 Speaker 1: see more centralization, more World Economic Forum. The United States 16 00:00:52,360 --> 00:00:54,480 Speaker 1: is trying to lay down as sovereignty to the World 17 00:00:54,520 --> 00:00:57,760 Speaker 1: Health Organization all these things, and that is true, but 18 00:00:57,880 --> 00:01:00,600 Speaker 1: you can also see the pushback. You can see the 19 00:01:00,760 --> 00:01:03,160 Speaker 1: system cracking apart. And that's what we're going to talk 20 00:01:03,200 --> 00:01:07,720 Speaker 1: about today. Big, big, big, big topics dominated news headlines. 21 00:01:07,800 --> 00:01:12,440 Speaker 1: I've talked about it extensively. I've been called on numerous 22 00:01:12,920 --> 00:01:16,720 Speaker 1: podcasts and Twitter spaces to talk about this, and I 23 00:01:16,720 --> 00:01:21,399 Speaker 1: am talking about the banking collapse now. In the decentralized revolution, 24 00:01:21,440 --> 00:01:25,560 Speaker 1: we talk about three revolutionary cycles that are all converging. 25 00:01:25,600 --> 00:01:27,840 Speaker 1: Of course, there's the two hundred and fifty year political 26 00:01:28,400 --> 00:01:32,320 Speaker 1: revolution cycle. There's an eighty year financial revolution cycle on 27 00:01:32,360 --> 00:01:35,520 Speaker 1: a fifty year tech but the eighty year financial cycle 28 00:01:35,600 --> 00:01:38,600 Speaker 1: is where we're at. We're seeing the entire financial system 29 00:01:38,720 --> 00:01:46,000 Speaker 1: being reset. The banking system is being reset, the sovereign 30 00:01:46,600 --> 00:01:50,640 Speaker 1: wealth system, the entire global financial system is being reset 31 00:01:50,720 --> 00:01:53,280 Speaker 1: right before our very eyes. About eighty years ago, we 32 00:01:53,320 --> 00:01:55,800 Speaker 1: went into the Bretton Woods Agreement where the entire world, 33 00:01:57,160 --> 00:01:59,400 Speaker 1: most of the entire world, agreed to go into a 34 00:01:59,480 --> 00:02:02,160 Speaker 1: new monitor hary system. It would be a gold back system, 35 00:02:02,920 --> 00:02:05,120 Speaker 1: that it would be gold, the dollar would be pegged 36 00:02:05,120 --> 00:02:07,720 Speaker 1: to gold, and everyone would use the dollar. And now 37 00:02:07,760 --> 00:02:09,880 Speaker 1: that system is being reset and we're watching it now. 38 00:02:10,240 --> 00:02:13,520 Speaker 1: It is not near as neat and clean and easy 39 00:02:13,560 --> 00:02:16,760 Speaker 1: as it was before because as the cracks start happening, 40 00:02:17,040 --> 00:02:19,799 Speaker 1: it gets very messy. It's very dangerous. You don't want 41 00:02:19,800 --> 00:02:22,040 Speaker 1: to get caught up in this danger. You want to 42 00:02:22,040 --> 00:02:23,600 Speaker 1: be able to navigate it correctly, and if you navigate 43 00:02:23,600 --> 00:02:26,280 Speaker 1: it correctly, it could be massively profitable for you. So 44 00:02:26,280 --> 00:02:27,840 Speaker 1: we're gonna talk about that. We're gonna talk about the 45 00:02:27,840 --> 00:02:31,120 Speaker 1: banking system collapsing. Like I said, it's all over the news. 46 00:02:31,360 --> 00:02:35,480 Speaker 1: Silicon Valley Bank SVB was bailed out. We're gonna talk 47 00:02:35,480 --> 00:02:38,400 Speaker 1: about that. We're gonna talk about, like I said, how 48 00:02:38,440 --> 00:02:41,480 Speaker 1: this goes into the banking system overall, not just for 49 00:02:41,480 --> 00:02:43,720 Speaker 1: the United States, but for the world, what that means. 50 00:02:43,760 --> 00:02:45,799 Speaker 1: We'll talk about steps that you can do to protect yourself. 51 00:02:45,880 --> 00:02:48,320 Speaker 1: So we have a lot to cover. Like I said, 52 00:02:48,320 --> 00:02:52,360 Speaker 1: I've talked about this extensively, and so I'm going to 53 00:02:52,400 --> 00:02:54,520 Speaker 1: give you some different perspectives that I was thinking about 54 00:02:54,600 --> 00:02:59,000 Speaker 1: last night, thinking about this morning, because as I think 55 00:02:59,000 --> 00:03:01,400 Speaker 1: about this, as I talk, as I discuss it, I 56 00:03:01,480 --> 00:03:03,560 Speaker 1: keep kind of having these new insights and revelations. And 57 00:03:03,560 --> 00:03:05,160 Speaker 1: so we're gonna talk about a couple of different angles 58 00:03:05,160 --> 00:03:08,840 Speaker 1: that I haven't really thought of. So let's dig in, 59 00:03:09,000 --> 00:03:11,639 Speaker 1: all right. So, first of all, the banks are collapsing. 60 00:03:11,680 --> 00:03:13,160 Speaker 1: You've heard it, like I said, Unless you've been living 61 00:03:13,240 --> 00:03:14,960 Speaker 1: under a rock, you already know this. You've heard about it. 62 00:03:15,320 --> 00:03:18,160 Speaker 1: Silicon Valley Bank crashed. Of course it wasn't the first one. 63 00:03:18,560 --> 00:03:25,080 Speaker 1: Didn't happen a vacuum. First we saw it was Silvergate 64 00:03:25,120 --> 00:03:28,880 Speaker 1: Bank first of all, and then it was you know, SBB. 65 00:03:29,800 --> 00:03:32,560 Speaker 1: Now we're seeing other banks, Signature Bank was taken over, etc. 66 00:03:33,560 --> 00:03:37,520 Speaker 1: So why are they failing now? If you want a 67 00:03:37,760 --> 00:03:41,600 Speaker 1: super deep analysis into the data, including looking at the 68 00:03:41,680 --> 00:03:44,040 Speaker 1: charts and the graphs and the data, go to my 69 00:03:44,120 --> 00:03:47,000 Speaker 1: main YouTube channel. Just search Mark Moss on YouTube and 70 00:03:47,080 --> 00:03:49,440 Speaker 1: you'll see a very detailed video. I don't know how 71 00:03:49,440 --> 00:03:51,840 Speaker 1: long that was. It was, it was long, it was, 72 00:03:52,000 --> 00:03:54,080 Speaker 1: I don't know. I haven't looked. Probably twenty thirty minutes, 73 00:03:54,080 --> 00:03:55,680 Speaker 1: I'm guessing. But I have all the charts of all 74 00:03:55,720 --> 00:03:57,240 Speaker 1: the graphs if you want to see the data of 75 00:03:57,320 --> 00:03:59,600 Speaker 1: exactly how this went down. So I'm not going to 76 00:03:59,640 --> 00:04:01,440 Speaker 1: go super deep into that, because like I said, you 77 00:04:01,440 --> 00:04:03,120 Speaker 1: can go watch that if you want. I'm gonna give 78 00:04:03,160 --> 00:04:04,880 Speaker 1: you the super high level because I want to get 79 00:04:04,920 --> 00:04:08,520 Speaker 1: to what I think is more important, which is why 80 00:04:08,680 --> 00:04:11,640 Speaker 1: is the system failing? What is the government doing to 81 00:04:11,920 --> 00:04:16,400 Speaker 1: prevent a new system from being built to save this system? 82 00:04:17,279 --> 00:04:19,400 Speaker 1: Why it's inevitable. It's going to happen, like I said, 83 00:04:19,760 --> 00:04:21,800 Speaker 1: and what we're gonna do about it? Okay, So why 84 00:04:21,920 --> 00:04:24,880 Speaker 1: first of all, let's talk about that. So well, we'll 85 00:04:24,880 --> 00:04:28,440 Speaker 1: just say it's the FED. The irony here is that 86 00:04:28,520 --> 00:04:32,160 Speaker 1: the Federal Reserve was created in nineteen thirteen, and it 87 00:04:32,240 --> 00:04:36,200 Speaker 1: was created to stop the boom and bust cycles. Specifically, 88 00:04:36,240 --> 00:04:39,040 Speaker 1: it was created to backstop banks because previous to the 89 00:04:39,120 --> 00:04:43,120 Speaker 1: Federal Reserve creation in the late eighteen hundreds, we had 90 00:04:43,160 --> 00:04:46,520 Speaker 1: an era known as free banking. And what that means 91 00:04:46,640 --> 00:04:50,159 Speaker 1: is that we had something called capitalism where we had 92 00:04:50,240 --> 00:04:52,840 Speaker 1: businesses that would compete against each other, and so you 93 00:04:52,839 --> 00:04:56,200 Speaker 1: had all these different banks and they would try out 94 00:04:56,240 --> 00:04:59,560 Speaker 1: different models. That's how it works in capitalism. One bank 95 00:04:59,600 --> 00:05:02,440 Speaker 1: would try one system, another bank would try another system, 96 00:05:02,920 --> 00:05:05,599 Speaker 1: and we were starting to figure out what was working 97 00:05:05,640 --> 00:05:09,359 Speaker 1: and what wasn't working, and unfortunately, some banks went bust, 98 00:05:09,400 --> 00:05:11,160 Speaker 1: and when the banks went bust, people would lose their 99 00:05:11,160 --> 00:05:14,599 Speaker 1: money in there. Now, I believe, and this is a 100 00:05:14,600 --> 00:05:17,760 Speaker 1: pretty radical viewpoint today, So I apologize if this ends you. 101 00:05:18,320 --> 00:05:21,280 Speaker 1: Not really, I don't apologize for that, but my very 102 00:05:21,360 --> 00:05:24,440 Speaker 1: radical viewpoint is that I believe that we should be 103 00:05:24,480 --> 00:05:29,440 Speaker 1: responsible for ourselves. At the end of the day, anything 104 00:05:29,480 --> 00:05:33,039 Speaker 1: that happens in my life is my responsibility, just like 105 00:05:33,080 --> 00:05:36,200 Speaker 1: anything that happens in my business is my responsibility. Even 106 00:05:36,240 --> 00:05:38,400 Speaker 1: if it was someone below me, someone who was supposed 107 00:05:38,440 --> 00:05:39,280 Speaker 1: to do that. At the end of the day, I 108 00:05:39,279 --> 00:05:42,599 Speaker 1: got to take responsibility. It's my business, it's my life, 109 00:05:42,600 --> 00:05:45,920 Speaker 1: it's my money. I need to take responsibility for where 110 00:05:45,960 --> 00:05:48,520 Speaker 1: I put that money. So in the free banking are 111 00:05:48,560 --> 00:05:50,120 Speaker 1: in the eighteen hundreds, it was it was up to 112 00:05:50,160 --> 00:05:52,520 Speaker 1: the people to be responsible for that money. Just like 113 00:05:52,560 --> 00:05:55,200 Speaker 1: a Silicon Valley bank, it was their responsibility to make 114 00:05:55,200 --> 00:05:57,320 Speaker 1: sure where they put their money was safe. And we'll 115 00:05:57,320 --> 00:06:00,560 Speaker 1: talk about that, but first let me continue frame this up. 116 00:06:00,960 --> 00:06:04,000 Speaker 1: So with this araa free banking and these banks were 117 00:06:04,000 --> 00:06:06,359 Speaker 1: trying out different models capitalism at its finest, we were 118 00:06:06,360 --> 00:06:09,520 Speaker 1: starting to figure out what worked. Part of what caused 119 00:06:09,520 --> 00:06:11,840 Speaker 1: that banking system to collapse the free banking era was 120 00:06:12,240 --> 00:06:14,720 Speaker 1: the government. The government came in to put all kinds 121 00:06:14,720 --> 00:06:18,360 Speaker 1: of crazy restrictions on this free banking, such as they 122 00:06:18,360 --> 00:06:21,719 Speaker 1: couldn't have more than one branch open in different jurisdictions. 123 00:06:21,720 --> 00:06:25,440 Speaker 1: And so if you got money, iou claims because back 124 00:06:25,440 --> 00:06:27,600 Speaker 1: then gold was money. Gold went into the bank. They 125 00:06:27,640 --> 00:06:30,000 Speaker 1: gave us an IOU, a paper gold certificate that was 126 00:06:30,040 --> 00:06:33,200 Speaker 1: redeemable for gold. But if I got an IOU from 127 00:06:33,200 --> 00:06:36,560 Speaker 1: a bank in New York, I necessarily couldn't redeem that 128 00:06:36,680 --> 00:06:40,120 Speaker 1: IOU in a bank in Texas or California. The banks 129 00:06:40,120 --> 00:06:43,200 Speaker 1: were not allowed because of government regulations. They weren't allowed 130 00:06:43,200 --> 00:06:45,960 Speaker 1: to open up separate banks. So what happened is if 131 00:06:46,000 --> 00:06:49,120 Speaker 1: I wanted to redeem a paper goalstificate from New York 132 00:06:49,120 --> 00:06:51,760 Speaker 1: in Texas, they would make me. They'd give me a discount. 133 00:06:51,760 --> 00:06:53,000 Speaker 1: They'd say, we're not going to redeem it a one 134 00:06:53,040 --> 00:06:56,080 Speaker 1: hundred percent, will give you seventy eighty percent or whatever 135 00:06:56,080 --> 00:06:59,280 Speaker 1: it is that really restricted it. Now, it's no different. 136 00:07:00,440 --> 00:07:01,880 Speaker 1: I spend a lot of time in Mexico. As a 137 00:07:01,880 --> 00:07:03,920 Speaker 1: matter of fact, I'm heading down to Mexico tonight, and 138 00:07:04,080 --> 00:07:07,400 Speaker 1: in the very remote places of Mexico, they don't want dollars. 139 00:07:07,680 --> 00:07:10,840 Speaker 1: They use pasos. So if you're in the tourist areas, 140 00:07:10,880 --> 00:07:15,200 Speaker 1: they typically will take dollars, but your exchange rate isn't 141 00:07:15,200 --> 00:07:17,400 Speaker 1: always going to be that good. Now, if you go 142 00:07:17,440 --> 00:07:20,120 Speaker 1: to the more remote places, they may not take those 143 00:07:20,120 --> 00:07:21,640 Speaker 1: dollars at all, or they're going to give you a 144 00:07:21,960 --> 00:07:24,640 Speaker 1: very discounted exchange rate, because it's what are they going 145 00:07:24,680 --> 00:07:26,480 Speaker 1: to do now? They got to go drive hours or 146 00:07:26,480 --> 00:07:28,040 Speaker 1: whatever to the bank to go exchanges, so they're going 147 00:07:28,120 --> 00:07:30,280 Speaker 1: to charge you for that. And that's basically what happened 148 00:07:30,320 --> 00:07:31,800 Speaker 1: in the free banking are That was number one, but 149 00:07:31,920 --> 00:07:35,840 Speaker 1: the number two this is a very interesting parallel protocol here, 150 00:07:36,560 --> 00:07:41,640 Speaker 1: or parallel way to look at it, is that the 151 00:07:41,720 --> 00:07:47,960 Speaker 1: governments forced these free banks to buy government bonds. And 152 00:07:48,120 --> 00:07:51,400 Speaker 1: what happened is that that's government debt treasuries, which are 153 00:07:51,440 --> 00:07:53,160 Speaker 1: supposed to be the risk free asset because the government's 154 00:07:53,200 --> 00:07:55,120 Speaker 1: never going to default. But the problem is is that 155 00:07:55,480 --> 00:07:58,360 Speaker 1: the bonds crashed and these free banks we're sitting on 156 00:07:58,360 --> 00:08:00,720 Speaker 1: a bunch of government bonds that lost value and the 157 00:08:00,760 --> 00:08:08,480 Speaker 1: bank's crashed. Now interesting parallel because that's exactly what just 158 00:08:08,560 --> 00:08:12,480 Speaker 1: happened in this banking collapse. They bought risky assets that 159 00:08:12,600 --> 00:08:17,240 Speaker 1: were government bonds that lost money and they collapsed as well. 160 00:08:17,360 --> 00:08:18,920 Speaker 1: Same thing that happened in the free banking area. It 161 00:08:18,920 --> 00:08:21,160 Speaker 1: wasn't really free. It was mandated by the government. Can't 162 00:08:21,160 --> 00:08:22,760 Speaker 1: have more than one branch. You have to buy government 163 00:08:22,760 --> 00:08:25,600 Speaker 1: bonds and they lost money. Then the Federal Reserve was 164 00:08:25,640 --> 00:08:29,040 Speaker 1: started nineteen thirteen. We're gonna backstop the banks. We're gonna 165 00:08:29,080 --> 00:08:30,640 Speaker 1: make sure that it doesn't happen. We're gonna make sure 166 00:08:30,640 --> 00:08:33,120 Speaker 1: that we regulate them and they're gonna be safe, and 167 00:08:33,160 --> 00:08:35,320 Speaker 1: we're going to make sure that if they fail, we're 168 00:08:35,320 --> 00:08:37,960 Speaker 1: going to back up the deposits. And so ever since 169 00:08:38,040 --> 00:08:40,680 Speaker 1: nineteen thirteen, when the Federal Reserve was created to do 170 00:08:40,840 --> 00:08:44,440 Speaker 1: just that, booms and bus have only gotten bigger and 171 00:08:44,440 --> 00:08:48,560 Speaker 1: bigger and bigger. We've had something like over five hundred 172 00:08:48,640 --> 00:08:51,880 Speaker 1: banks have failed in the last you know, thirty forty years, 173 00:08:52,200 --> 00:08:54,280 Speaker 1: and we're having banks failing today. If you're just tune 174 00:08:54,320 --> 00:08:56,280 Speaker 1: in you are listening to the Mark Moas Show. We're 175 00:08:56,320 --> 00:08:58,760 Speaker 1: talking about the banking collapse that happening, but we're gonna 176 00:08:58,800 --> 00:09:00,959 Speaker 1: bring it into bigger context, show you how the entire 177 00:09:01,360 --> 00:09:04,880 Speaker 1: financial system of the United States and the world is collapsing. 178 00:09:05,000 --> 00:09:07,760 Speaker 1: How do we protect ourselves, what's coming next? All of 179 00:09:07,800 --> 00:09:10,280 Speaker 1: that good stuff like we always talk about all the time. 180 00:09:11,080 --> 00:09:13,280 Speaker 1: Again listening to the markmas Show. If you if you 181 00:09:13,320 --> 00:09:15,400 Speaker 1: miss any of this, you can catch it on the podcast. 182 00:09:15,440 --> 00:09:17,880 Speaker 1: Just search the Mark Moa show and your favorite podcast player, 183 00:09:18,440 --> 00:09:21,120 Speaker 1: or you can watch me on YouTube as well. Just 184 00:09:21,160 --> 00:09:24,080 Speaker 1: search Market Disruptors and you can find it over there 185 00:09:24,080 --> 00:09:25,400 Speaker 1: as well. But I gotta take a quick break. I'm 186 00:09:25,400 --> 00:09:26,880 Speaker 1: gonna take a second. I'm gonna come back. We're gonna 187 00:09:26,880 --> 00:09:29,040 Speaker 1: talk about this more. Don't go away, I'll be right back, 188 00:09:37,400 --> 00:09:38,880 Speaker 1: all right, welcome back. If you just tune in, you 189 00:09:38,920 --> 00:09:41,319 Speaker 1: are listening to the Mark Moas Show. We're talking about 190 00:09:41,440 --> 00:09:44,720 Speaker 1: the blood bath in the banking sector. We're talking about 191 00:09:44,720 --> 00:09:46,480 Speaker 1: the meltdown in the banking sector. And so I was 192 00:09:46,559 --> 00:09:49,719 Speaker 1: kind of framing up how that worked. It's failing. So 193 00:09:50,679 --> 00:09:53,880 Speaker 1: the banking system is failing because the banks don't have 194 00:09:53,920 --> 00:09:56,080 Speaker 1: any money. So what happens is you put your money 195 00:09:56,080 --> 00:09:57,840 Speaker 1: in the bank and you hope that you get your 196 00:09:57,840 --> 00:09:59,160 Speaker 1: money back out of the bank. What a lot of 197 00:09:59,160 --> 00:10:00,640 Speaker 1: you maybe don't know is that when you give that 198 00:10:00,679 --> 00:10:03,880 Speaker 1: money to the bank, it is no longer your money. 199 00:10:03,960 --> 00:10:06,480 Speaker 1: Most people don't understand this. When you open up bankcount, 200 00:10:06,480 --> 00:10:08,199 Speaker 1: you fill out a whole packet of information. In that 201 00:10:08,240 --> 00:10:10,920 Speaker 1: packet of information, you basically give away your money. It's 202 00:10:10,960 --> 00:10:15,240 Speaker 1: no longer years. You now become what's called an unsecured 203 00:10:15,360 --> 00:10:19,120 Speaker 1: creditor of the bank. So what does that mean? Unsecured? 204 00:10:19,160 --> 00:10:21,320 Speaker 1: That means they owe it to you, but it's not 205 00:10:21,360 --> 00:10:24,360 Speaker 1: against any security. Like if the bank, you know, gives 206 00:10:24,400 --> 00:10:27,160 Speaker 1: you a loan against your house, but it's secured against house. 207 00:10:27,200 --> 00:10:29,000 Speaker 1: If you don't pay the house loan, they take your house, 208 00:10:29,000 --> 00:10:30,960 Speaker 1: it's secured against that asset. But when you give your 209 00:10:30,960 --> 00:10:33,440 Speaker 1: money to the bank, it's unsecured. So we're doing that 210 00:10:33,880 --> 00:10:36,040 Speaker 1: and they don't have the money. Now in the case 211 00:10:36,080 --> 00:10:37,800 Speaker 1: of this, just to kind of frame it up real quick, 212 00:10:37,800 --> 00:10:39,680 Speaker 1: go watch my YouTube video to get the full details. 213 00:10:39,720 --> 00:10:44,000 Speaker 1: But basically, the FED created all this money, so we 214 00:10:44,040 --> 00:10:47,839 Speaker 1: had the pandemic twenty twenty came between the FED and 215 00:10:47,880 --> 00:10:50,920 Speaker 1: the government. They printed about eleven trillion dollars and sent 216 00:10:51,000 --> 00:10:53,920 Speaker 1: that out into the ecosystem. Where does that money go, Well, 217 00:10:53,920 --> 00:10:55,760 Speaker 1: of course, it goes to businesses and people and things 218 00:10:55,800 --> 00:10:59,480 Speaker 1: like that, and they put it into the bank. The 219 00:10:59,520 --> 00:11:02,559 Speaker 1: bank balance is swelled to massive amounts had and seen 220 00:11:02,559 --> 00:11:04,320 Speaker 1: as a matter of fact, in twenty twenty one, banks 221 00:11:04,320 --> 00:11:07,280 Speaker 1: were telling people not to give them any more cash. 222 00:11:07,559 --> 00:11:09,280 Speaker 1: We don't want your cash, we don't have to do 223 00:11:09,360 --> 00:11:12,480 Speaker 1: with it, go spend it, give it to another Bank. 224 00:11:12,520 --> 00:11:14,840 Speaker 1: I mean it was crazy, and so they balance is swelled. 225 00:11:14,920 --> 00:11:18,080 Speaker 1: For SVB, Silicon Valley Bank, the balance is swelled from 226 00:11:18,200 --> 00:11:23,000 Speaker 1: sixty billion to almost two hundred from sixty to two 227 00:11:23,120 --> 00:11:25,320 Speaker 1: hundred in about a year and a half. Now what 228 00:11:25,360 --> 00:11:28,840 Speaker 1: do they do with all that cash, Well, they invest it. 229 00:11:30,040 --> 00:11:33,160 Speaker 1: It's your money, they invest it, and they make money. 230 00:11:33,559 --> 00:11:35,319 Speaker 1: Of course, they give you zero percent. We're going to 231 00:11:35,400 --> 00:11:37,400 Speaker 1: come back to that, and that's an interesting piece. They 232 00:11:37,440 --> 00:11:39,720 Speaker 1: give you zero they're making money. But the problem is 233 00:11:40,360 --> 00:11:43,400 Speaker 1: with Silicon Valley they and other banks, Silvergate as well, 234 00:11:43,440 --> 00:11:46,400 Speaker 1: they bought government bonds when government bonds very cheap. Then 235 00:11:46,400 --> 00:11:49,040 Speaker 1: the Fed goes on this crazy hiking path, raises rates 236 00:11:49,040 --> 00:11:53,280 Speaker 1: really high, drives the value of those bonds down, and 237 00:11:53,360 --> 00:11:55,040 Speaker 1: the bank's lost a lot of money, similar to the 238 00:11:55,040 --> 00:11:57,679 Speaker 1: free banking era. Then when people went to go get 239 00:11:57,720 --> 00:12:00,520 Speaker 1: their money out of the bank, Silvergate Bank had over 240 00:12:00,600 --> 00:12:06,080 Speaker 1: forty billion dollars worth of redemptions or withdraws in a day, 241 00:12:06,640 --> 00:12:09,040 Speaker 1: and they didn't have the money. It was gone. They 242 00:12:09,160 --> 00:12:12,240 Speaker 1: risked it into treasuries, they risked it into mortgage backed securities, 243 00:12:12,600 --> 00:12:14,680 Speaker 1: and they lost money, and they didn't have the money 244 00:12:14,720 --> 00:12:16,960 Speaker 1: to give to the people. When they started selling the 245 00:12:16,960 --> 00:12:19,480 Speaker 1: treasuries to get the money. They lost almost two billion dollars. 246 00:12:19,520 --> 00:12:21,240 Speaker 1: They try to go raise two billion dollars to pay 247 00:12:21,280 --> 00:12:23,320 Speaker 1: these people. No one want to give it to them, surprise, surprise, 248 00:12:23,679 --> 00:12:26,000 Speaker 1: and they went out. Now it's a it's a much deeper, 249 00:12:26,679 --> 00:12:28,160 Speaker 1: more involved story. Like I said, go to my main 250 00:12:28,200 --> 00:12:31,000 Speaker 1: YouTube channel, Mark Moss to watch that whole thing. All right, 251 00:12:32,160 --> 00:12:34,000 Speaker 1: But the problem, the thing is that I want to 252 00:12:34,080 --> 00:12:37,480 Speaker 1: highlight is that this isn't just silver Gate or Silicon 253 00:12:37,559 --> 00:12:42,240 Speaker 1: Valley Bank or Signature Bank. This is all the banks. 254 00:12:42,880 --> 00:12:47,360 Speaker 1: This is the entire banking system that's breaking apart. Like this, 255 00:12:48,360 --> 00:12:53,160 Speaker 1: it's doomed. They don't have your money now. In order 256 00:12:53,200 --> 00:12:55,679 Speaker 1: to try to save this system, the FED pulled out 257 00:12:55,679 --> 00:12:58,120 Speaker 1: some more magic tricks and they basically said, hey, all 258 00:12:58,160 --> 00:13:00,800 Speaker 1: these government bonds that you have you lost money on, 259 00:13:00,840 --> 00:13:04,160 Speaker 1: We'll just make you whole, okay. And the FED also 260 00:13:04,200 --> 00:13:07,480 Speaker 1: said we're gonna we're gonna guarantee all deposits. So you 261 00:13:07,559 --> 00:13:10,439 Speaker 1: have money in the bank that's FDIC insured up to 262 00:13:10,480 --> 00:13:13,400 Speaker 1: two hundred fifty thousand dollars. But now the FED said, hey, 263 00:13:13,400 --> 00:13:15,960 Speaker 1: we're just going to guarantee all of it. Now, why 264 00:13:16,080 --> 00:13:21,560 Speaker 1: Silicon Valley Bank is a bank in Silicon Valley. Silicon 265 00:13:21,720 --> 00:13:26,280 Speaker 1: Valley is a big, big, big political donors, specifically to 266 00:13:26,360 --> 00:13:33,640 Speaker 1: the Democrat Party. California Governor Gavin Newsom rallied really really, 267 00:13:33,640 --> 00:13:36,199 Speaker 1: really hard to get a bell out for Silicon Valley Bank. 268 00:13:36,280 --> 00:13:40,240 Speaker 1: Turns out all his businesses use that bank. Surprise surprise, 269 00:13:40,840 --> 00:13:44,240 Speaker 1: turns out about ninety eight percent of all the deposits 270 00:13:44,240 --> 00:13:47,280 Speaker 1: of Silicon Valley Bank were not insured because they were 271 00:13:47,480 --> 00:13:50,680 Speaker 1: over the two hundred fifty thousand dollars limit. So we 272 00:13:50,760 --> 00:13:55,000 Speaker 1: basically had was a small, very small community bank for 273 00:13:55,120 --> 00:13:58,800 Speaker 1: the very very very rich. That's what we had, the 274 00:13:58,960 --> 00:14:01,839 Speaker 1: very very rich and very very connected, we'll say, right. 275 00:14:01,920 --> 00:14:04,240 Speaker 1: So that's basically what happened. And so they got the 276 00:14:04,280 --> 00:14:06,719 Speaker 1: government to guy and Knewsom got the government's ear they 277 00:14:06,760 --> 00:14:09,120 Speaker 1: built out the bank, and they made all those depositors hold. 278 00:14:09,160 --> 00:14:14,800 Speaker 1: Now it wasn't necessary to do this, there was they 279 00:14:14,920 --> 00:14:17,120 Speaker 1: had losses. They wouldn't been able to pay everybody back 280 00:14:17,160 --> 00:14:19,480 Speaker 1: one hundred percent, but they could have paid back everybody 281 00:14:19,520 --> 00:14:23,080 Speaker 1: mostly ninety percent. Maybe some of these depositors would have 282 00:14:23,080 --> 00:14:25,240 Speaker 1: taken a ten percent haircut. These are the billionaires I 283 00:14:25,240 --> 00:14:27,520 Speaker 1: think they could afford a ten percent haircut, but more importantly, 284 00:14:27,560 --> 00:14:29,880 Speaker 1: would protect the system, because that ten percent haircut would 285 00:14:29,880 --> 00:14:31,960 Speaker 1: be like that slap on the wrist when you touch 286 00:14:31,960 --> 00:14:33,320 Speaker 1: a hot stove and you don't and you know, you 287 00:14:33,320 --> 00:14:35,800 Speaker 1: don't touch it again, And it would teach those people 288 00:14:36,200 --> 00:14:39,280 Speaker 1: that they should take personal responsibility and not put all 289 00:14:39,320 --> 00:14:42,680 Speaker 1: their money into the system that's not protected. It would 290 00:14:42,720 --> 00:14:47,720 Speaker 1: also teach the bank that they should use proper risk management. 291 00:14:47,760 --> 00:14:50,320 Speaker 1: So SVB Bank didn't do that. They didn't use any 292 00:14:50,320 --> 00:14:52,800 Speaker 1: proper risk management. They were way too risky. As a 293 00:14:52,800 --> 00:14:54,760 Speaker 1: matter of fact, they had about seventy percent of their 294 00:14:55,040 --> 00:14:59,080 Speaker 1: investments into mortgage backed securities for comparison stake that normal 295 00:14:59,120 --> 00:15:02,760 Speaker 1: banks are about third. They're way too risky, and they 296 00:15:02,760 --> 00:15:05,880 Speaker 1: didn't employ even the most basic of risk management strategies, 297 00:15:06,000 --> 00:15:09,280 Speaker 1: such as hedges, to protect themselves against bond yields moving 298 00:15:09,320 --> 00:15:14,160 Speaker 1: against them. And so again no lesson has learned. Capitalism 299 00:15:14,160 --> 00:15:17,560 Speaker 1: is shurecutted, and so the government saves the day. But 300 00:15:18,240 --> 00:15:21,160 Speaker 1: one thing that's important here is that in the fog 301 00:15:21,200 --> 00:15:27,120 Speaker 1: of war there are casualties sometimes that you might be 302 00:15:27,120 --> 00:15:29,640 Speaker 1: called friendly fire or something like that. And in this case, 303 00:15:30,160 --> 00:15:32,280 Speaker 1: it looks like what the government is trying to do, 304 00:15:32,360 --> 00:15:34,920 Speaker 1: or actually say, the banking system is. They're trying to 305 00:15:34,920 --> 00:15:39,240 Speaker 1: take out the exits. They don't want you to get 306 00:15:39,240 --> 00:15:40,800 Speaker 1: out of the system because if you get out of 307 00:15:40,800 --> 00:15:43,880 Speaker 1: the system, the system collapses. They need your money in 308 00:15:43,960 --> 00:15:46,880 Speaker 1: the bank. As we found out Silicon Valley Bank, people 309 00:15:46,920 --> 00:15:48,400 Speaker 1: tried to pull their money out the bank. The banking 310 00:15:48,400 --> 00:15:51,200 Speaker 1: system collapsed. If people go pull their money out of 311 00:15:51,200 --> 00:15:53,920 Speaker 1: the bank, the banking system will collapse. As a matter 312 00:15:53,960 --> 00:15:57,640 Speaker 1: of fact, if just a few percentage of the people 313 00:15:57,800 --> 00:15:59,240 Speaker 1: were to pull their money out of the banks, the 314 00:15:59,240 --> 00:16:02,440 Speaker 1: banking system collapse. So they need your money in the bank. 315 00:16:02,720 --> 00:16:05,320 Speaker 1: They don't want it coming out. The whole system of collapses. 316 00:16:05,520 --> 00:16:07,800 Speaker 1: And we can see this. So I recently had on 317 00:16:08,320 --> 00:16:12,960 Speaker 1: Caitlyn Long on my main YouTube channel, Amazing interviews also 318 00:16:13,000 --> 00:16:16,040 Speaker 1: on the podcast so Mark Moss Show Caitlyn Long. You 319 00:16:16,040 --> 00:16:18,720 Speaker 1: can find that interview hundreds of thousands of views on 320 00:16:18,720 --> 00:16:21,040 Speaker 1: this video and the podcast downloads. Go check that out. 321 00:16:21,480 --> 00:16:24,359 Speaker 1: And she was trying to form a bank called Custodia 322 00:16:24,440 --> 00:16:27,680 Speaker 1: Bank in Wyoming, and Custodia Bank was going to be 323 00:16:27,720 --> 00:16:30,600 Speaker 1: a custodian which meant they were going to hold onto 324 00:16:30,640 --> 00:16:32,480 Speaker 1: your cash for you. They were going to be a 325 00:16:32,520 --> 00:16:35,760 Speaker 1: one hundred percent full reserve, meaning you give them money, 326 00:16:36,080 --> 00:16:39,200 Speaker 1: they keep it. None of the other banks do that. 327 00:16:39,560 --> 00:16:41,040 Speaker 1: When you give your money to the banks, they lend 328 00:16:41,080 --> 00:16:43,920 Speaker 1: it out. They don't have your money. But her bank 329 00:16:44,040 --> 00:16:47,480 Speaker 1: wanted to have a novel idea such as, we're going 330 00:16:47,560 --> 00:16:50,600 Speaker 1: to keep all your cash in the bank and we're 331 00:16:50,640 --> 00:16:53,400 Speaker 1: going to charge you just to service your cash. And 332 00:16:53,440 --> 00:16:54,880 Speaker 1: I think a lot of people would do that, and 333 00:16:54,920 --> 00:16:56,800 Speaker 1: apparently the FED thinks a lot of people would want 334 00:16:56,800 --> 00:16:59,920 Speaker 1: that as well. So the FED denied their banking charter. 335 00:17:00,040 --> 00:17:03,160 Speaker 1: They said, Nope, you can't have that. Why why would 336 00:17:03,200 --> 00:17:05,000 Speaker 1: the FED do that? Well, it turns out it wasn't 337 00:17:05,040 --> 00:17:07,240 Speaker 1: the only one. There was another bank called Narrow Bank, 338 00:17:07,600 --> 00:17:11,560 Speaker 1: same thing. So the FED has to approve any bank 339 00:17:11,640 --> 00:17:16,439 Speaker 1: charter and Narrow Bank Custodia bank. They got denied for 340 00:17:16,560 --> 00:17:20,760 Speaker 1: trying to be safe, for trying to hold onto your cash, 341 00:17:20,800 --> 00:17:22,800 Speaker 1: which is what they're supposed to do, and the FED 342 00:17:22,840 --> 00:17:24,760 Speaker 1: deny them. Why would the FED deny them? Will the 343 00:17:24,760 --> 00:17:28,320 Speaker 1: FED deny them because they know that that's what people 344 00:17:28,359 --> 00:17:31,520 Speaker 1: would want, and so everyone would take all their money 345 00:17:31,520 --> 00:17:33,280 Speaker 1: out of these risky banks. They don't hold your money, 346 00:17:33,400 --> 00:17:35,959 Speaker 1: and they would move it to these other banks and 347 00:17:36,000 --> 00:17:38,399 Speaker 1: it would completely wipe out the banking systems. So the 348 00:17:38,400 --> 00:17:41,440 Speaker 1: FED said, no, no, you don't have the right to 349 00:17:41,560 --> 00:17:45,520 Speaker 1: keep yourself safe. That's how fragile this system is. But 350 00:17:45,640 --> 00:17:48,680 Speaker 1: it gets worse. There's so much more now you won't 351 00:17:48,720 --> 00:17:50,720 Speaker 1: even believe what they're trying to blame this on and 352 00:17:50,800 --> 00:17:54,000 Speaker 1: what they're trying to do next. It's probably one of 353 00:17:54,040 --> 00:17:56,880 Speaker 1: the biggest battlegrounds that we have in our life right 354 00:17:56,880 --> 00:17:58,560 Speaker 1: now and over the next couple years, we're gonna talk 355 00:17:58,560 --> 00:18:00,199 Speaker 1: about that. I gotta take a quick break. If you're 356 00:18:00,200 --> 00:18:01,680 Speaker 1: just tune in right now, you're listening to the Mark 357 00:18:01,720 --> 00:18:04,480 Speaker 1: Moas Show, talking about the banking collapse, the blood bath, 358 00:18:04,840 --> 00:18:07,800 Speaker 1: explain to you. But we are going to go deep. 359 00:18:07,840 --> 00:18:09,159 Speaker 1: We have a lot more to cover, so do not 360 00:18:09,240 --> 00:18:10,840 Speaker 1: go away. I'm just gonna take a quick break. I'll 361 00:18:10,840 --> 00:18:13,679 Speaker 1: come right back, all right, Welcome back. If you just 362 00:18:13,680 --> 00:18:15,560 Speaker 1: tune in, you are listening to the Mark Moss Show, 363 00:18:15,600 --> 00:18:18,960 Speaker 1: we're talking about the banking collapse. Of course, this builds 364 00:18:18,960 --> 00:18:21,600 Speaker 1: into our thesis of the decentralized revolution that we talk 365 00:18:21,640 --> 00:18:24,359 Speaker 1: about each end every week. And I was talking about 366 00:18:24,359 --> 00:18:27,840 Speaker 1: how the government or the Fudderal Reserve. The Fuddal Reserve 367 00:18:27,920 --> 00:18:31,960 Speaker 1: approves banks, and they've denied two different banks because they 368 00:18:31,960 --> 00:18:34,560 Speaker 1: want to hold your money in the bank. It's the 369 00:18:34,600 --> 00:18:37,040 Speaker 1: novel concept and they don't want that because they know 370 00:18:37,160 --> 00:18:40,320 Speaker 1: that if there was a bank that offered safety and security, 371 00:18:40,359 --> 00:18:42,439 Speaker 1: everybody would go to that bank. It would collapse the 372 00:18:42,560 --> 00:18:44,159 Speaker 1: entire system. So what they want is they want to 373 00:18:44,200 --> 00:18:47,320 Speaker 1: take out the exits. It looks like what they've also 374 00:18:47,400 --> 00:18:49,600 Speaker 1: done is they've taken out the exits. There's another bank 375 00:18:49,640 --> 00:18:52,520 Speaker 1: called Signature Bank that got taken over by the FDIC 376 00:18:53,240 --> 00:18:57,840 Speaker 1: and according to one of the authors of the Dodd 377 00:18:57,960 --> 00:19:00,560 Speaker 1: Frank Act that was written after the bank collapse of 378 00:19:00,560 --> 00:19:03,000 Speaker 1: two thousand and eight, that was written specifically to not 379 00:19:03,160 --> 00:19:05,560 Speaker 1: have this problem happen again. According to one of the 380 00:19:05,600 --> 00:19:09,080 Speaker 1: authors of that bill, he said that Signature Bank was 381 00:19:09,119 --> 00:19:11,240 Speaker 1: taken over by the FDIC, and they don't know why. 382 00:19:12,119 --> 00:19:18,040 Speaker 1: It wasn't risky, it wasn't facing insolvency. There was absolutely 383 00:19:18,080 --> 00:19:20,200 Speaker 1: no reason for it to be taken over by the FDIC. 384 00:19:21,480 --> 00:19:26,480 Speaker 1: So he doesn't know why, except for Signature Bank is 385 00:19:26,520 --> 00:19:30,800 Speaker 1: one of the main banks that cryptocurrency and bitcoin companies use. 386 00:19:32,400 --> 00:19:35,520 Speaker 1: So we had Silvergate Bank go down. That was one 387 00:19:35,560 --> 00:19:37,680 Speaker 1: of the main banks, and so people when silver Gate 388 00:19:37,720 --> 00:19:39,480 Speaker 1: went down, they left and they went to Signature Bank. 389 00:19:39,480 --> 00:19:41,520 Speaker 1: Signature Bank was one of the other very very very 390 00:19:41,560 --> 00:19:45,000 Speaker 1: crypto bitcoin friendly banks, and that just got taken over 391 00:19:45,440 --> 00:19:50,080 Speaker 1: for no reason, apparently, no reason. They weren't risky except 392 00:19:50,080 --> 00:19:53,080 Speaker 1: for is this another case of them trying to take 393 00:19:53,119 --> 00:19:56,560 Speaker 1: out the exits. They don't want you to be safe. 394 00:19:56,800 --> 00:19:58,560 Speaker 1: They don't want you to find the exit, to find 395 00:19:58,560 --> 00:20:01,480 Speaker 1: the lifeboat. They want you on the boat as the 396 00:20:01,480 --> 00:20:04,160 Speaker 1: boat goes down, because I guess it makes the boat 397 00:20:04,200 --> 00:20:08,440 Speaker 1: go down less slowly obviously, right if everybody rushed for 398 00:20:08,440 --> 00:20:10,840 Speaker 1: the exits, the boat would just sink. Now, they're doing 399 00:20:10,840 --> 00:20:12,160 Speaker 1: this from a lot of ways. And as I said 400 00:20:12,280 --> 00:20:13,919 Speaker 1: kind of before the break, I was saying, this is all. 401 00:20:14,040 --> 00:20:16,919 Speaker 1: They're also doing this in what is maybe the biggest 402 00:20:16,920 --> 00:20:19,080 Speaker 1: fight we have of our time right now, and that 403 00:20:19,240 --> 00:20:22,840 Speaker 1: is a censorship of our speech. So the SEC head 404 00:20:22,880 --> 00:20:28,399 Speaker 1: Gary Gensler, came out and says warning, any misconduct amid 405 00:20:28,440 --> 00:20:34,040 Speaker 1: a banking collapse will be prosecuted, will be prosecuted. What 406 00:20:34,359 --> 00:20:38,040 Speaker 1: kind of misconduct is he talking about, Well, they're saying 407 00:20:38,119 --> 00:20:43,320 Speaker 1: that people on Twitter talking about a banking collapse, are 408 00:20:43,440 --> 00:20:47,280 Speaker 1: causing a banking collapse, and if you put out a 409 00:20:47,320 --> 00:20:52,440 Speaker 1: tweet that causes the banks to collapse, you could be prosecuted. 410 00:20:54,760 --> 00:20:57,760 Speaker 1: They're saying that it could be potentially Peter Thiel's fault 411 00:20:58,040 --> 00:21:00,520 Speaker 1: because he said that he's pulling his money out of 412 00:21:00,640 --> 00:21:02,919 Speaker 1: SVB Bank, and he's telling all his companies that he 413 00:21:02,960 --> 00:21:05,280 Speaker 1: advises to pull their money out of SPB Bank. He 414 00:21:05,359 --> 00:21:08,280 Speaker 1: put that out publicly, which caused a mad rush for 415 00:21:08,280 --> 00:21:13,119 Speaker 1: the exit. So it's his fault. Never Mind SVB made 416 00:21:13,240 --> 00:21:17,280 Speaker 1: all types of risky investments. Never Mind that SVP made 417 00:21:17,640 --> 00:21:20,840 Speaker 1: zero attempt for any type of risk management. Never Mind 418 00:21:20,880 --> 00:21:23,119 Speaker 1: the fact that they didn't have the money, Like the 419 00:21:23,160 --> 00:21:25,960 Speaker 1: bank's supposed to have your money, so if people want 420 00:21:25,960 --> 00:21:27,560 Speaker 1: to get their money, they should get their money. How 421 00:21:27,640 --> 00:21:29,679 Speaker 1: is it Peter Deal's fault that SVP didn't have the 422 00:21:29,680 --> 00:21:34,080 Speaker 1: people's money. I mean, it's just insanity. But apparently if 423 00:21:34,080 --> 00:21:36,120 Speaker 1: we don't talk about it, then it's not real. As 424 00:21:36,119 --> 00:21:38,400 Speaker 1: a matter of fact, I put on Twitter last night. 425 00:21:38,960 --> 00:21:40,760 Speaker 1: If you're not following on Twitter, you should. It's just 426 00:21:40,880 --> 00:21:43,560 Speaker 1: at one Mark Moss, the number one Mark Moss, and 427 00:21:43,640 --> 00:21:46,080 Speaker 1: I put this video clip of Jerome Powell, the fed 428 00:21:46,119 --> 00:21:51,120 Speaker 1: share of Jerome Power, and some lawmaker from Nevada was saying, Hey, 429 00:21:51,200 --> 00:21:54,119 Speaker 1: Jerome Power, it explained to me, and it was a 430 00:21:54,160 --> 00:21:58,480 Speaker 1: very clear question. Tell me how two percent inflation helps 431 00:21:58,560 --> 00:22:01,119 Speaker 1: Nevada families. There was a very simple questions. Of course 432 00:22:01,320 --> 00:22:03,480 Speaker 1: it doesn't. So he couldn't really answer it. So he 433 00:22:03,600 --> 00:22:06,000 Speaker 1: danced around, danced around, dance around, didn't even try to 434 00:22:06,040 --> 00:22:08,760 Speaker 1: attempt it. But what he said was, well, it just 435 00:22:08,840 --> 00:22:12,440 Speaker 1: gives us a target because if people think that we're 436 00:22:12,440 --> 00:22:17,639 Speaker 1: going to have two percent inflation, then we will. So 437 00:22:17,840 --> 00:22:21,639 Speaker 1: whatever we collectively think just happens, which he's calling the 438 00:22:21,640 --> 00:22:23,200 Speaker 1: self fulfill in prophecy. If we go into the mirror 439 00:22:23,240 --> 00:22:25,280 Speaker 1: and we screamed beetle juice three times, I guess beetle 440 00:22:25,359 --> 00:22:27,240 Speaker 1: juice appears. I don't know. That's what he's saying. So 441 00:22:27,280 --> 00:22:30,400 Speaker 1: if we just all collectively hold hands and seeing kumbaya 442 00:22:30,400 --> 00:22:32,679 Speaker 1: and hope for two percent inflation, we'll get it, I guess. 443 00:22:33,680 --> 00:22:35,320 Speaker 1: But I guess that's what they're thinking about banking laps. 444 00:22:35,320 --> 00:22:37,159 Speaker 1: If we don't, if we don't talk about banking collaps, 445 00:22:37,200 --> 00:22:40,800 Speaker 1: then we won't have banking collaps. Never mind that they 446 00:22:40,800 --> 00:22:46,240 Speaker 1: don't have your money. That's the problem, a man. That's 447 00:22:46,240 --> 00:22:50,160 Speaker 1: the problem with all this censorship of speech. We shouldn't 448 00:22:50,200 --> 00:22:54,240 Speaker 1: be afraid of the truth. Truth is freedom, truth is 449 00:22:54,240 --> 00:22:57,919 Speaker 1: found an open, honest dialogue. We shouldn't be afraid of that. 450 00:22:58,520 --> 00:23:03,080 Speaker 1: They're afraid of it because they live in a crooked, evil, corrupt, 451 00:23:03,480 --> 00:23:08,640 Speaker 1: failing system that if there's any light shine on what 452 00:23:08,680 --> 00:23:11,399 Speaker 1: they're doing, the whole thing will be found out. As 453 00:23:11,400 --> 00:23:14,040 Speaker 1: a matter of fact, Henry Ford says, if the American 454 00:23:14,160 --> 00:23:18,120 Speaker 1: people knew how the banking system worked, there would be 455 00:23:18,160 --> 00:23:22,200 Speaker 1: a revolution before the morning. Not there'd be a revolution 456 00:23:22,680 --> 00:23:27,160 Speaker 1: not tomorrow, before the morning. If the American people knew 457 00:23:27,160 --> 00:23:30,119 Speaker 1: how it worked, well, they're finding out how it works 458 00:23:30,320 --> 00:23:33,560 Speaker 1: because we're in a new era. We're in a new paradigm. 459 00:23:34,160 --> 00:23:37,439 Speaker 1: And that new paradigm, that new era is the information 460 00:23:37,480 --> 00:23:41,119 Speaker 1: age or the digital age. Information moves at the speed 461 00:23:41,160 --> 00:23:46,719 Speaker 1: of light instantly, and it broadcasts to everybody. Now. I 462 00:23:46,800 --> 00:23:49,880 Speaker 1: often say I like to look at politics, finance, and technology. 463 00:23:49,920 --> 00:23:52,200 Speaker 1: It's always technology that changes the world more than anything. 464 00:23:52,680 --> 00:23:56,159 Speaker 1: And I have been talking about how it's changing the 465 00:23:56,200 --> 00:23:57,760 Speaker 1: world now, and it is. And so let's go back 466 00:23:57,760 --> 00:23:59,080 Speaker 1: a little bit in history to kind of see a 467 00:23:59,080 --> 00:24:02,080 Speaker 1: little perspective jump back forward, but on a two hundred 468 00:24:02,119 --> 00:24:04,920 Speaker 1: fifty year time frame, we have a political revolution cycle. 469 00:24:05,000 --> 00:24:07,720 Speaker 1: Two hundred fifty years ago was the American and the 470 00:24:07,760 --> 00:24:12,040 Speaker 1: French Revolution rejecting the centralization of the monarchy of the king. 471 00:24:12,480 --> 00:24:15,399 Speaker 1: Two hundred fifty years before that was fifteen hundred. It 472 00:24:15,400 --> 00:24:19,560 Speaker 1: was the Protestant Reformation, where the people rejected the centralization 473 00:24:19,600 --> 00:24:21,720 Speaker 1: of the church and state and they sought their own 474 00:24:21,760 --> 00:24:26,840 Speaker 1: decentralized path to God. Now what led to that It 475 00:24:26,960 --> 00:24:29,679 Speaker 1: was a piece of technology, a piece of technology that 476 00:24:29,840 --> 00:24:33,119 Speaker 1: was invented seventy years earlier, and it was a new 477 00:24:33,119 --> 00:24:37,160 Speaker 1: piece of technology called the printing press. And the printing 478 00:24:37,200 --> 00:24:42,560 Speaker 1: press allowed for mass distribution of books, specifically the Bible. 479 00:24:43,359 --> 00:24:46,399 Speaker 1: And when people were got a Bible were able to 480 00:24:46,440 --> 00:24:48,480 Speaker 1: actually read it for themselves, they said, wait a minute, 481 00:24:48,680 --> 00:24:52,040 Speaker 1: everything you've been telling us is a lie. You're lying 482 00:24:52,080 --> 00:24:55,080 Speaker 1: to us. Now we know the truth. Now. They didn't 483 00:24:55,119 --> 00:24:57,119 Speaker 1: like that, of course, they tried to hang onto that 484 00:24:57,240 --> 00:24:59,920 Speaker 1: power as best as they could, so they would lay 485 00:25:00,240 --> 00:25:02,760 Speaker 1: anybody who would speak out against the labeled them a 486 00:25:02,800 --> 00:25:08,040 Speaker 1: heretic heresy. My friend Joe Brown shout out to Joe Brown. 487 00:25:08,800 --> 00:25:11,040 Speaker 1: He's got a podcast on the iHeart network as well. 488 00:25:11,320 --> 00:25:15,480 Speaker 1: His is called heresy Financial. Anyway, they would call them 489 00:25:15,480 --> 00:25:21,240 Speaker 1: a heretic, and it was punishable by death by death. 490 00:25:21,920 --> 00:25:24,560 Speaker 1: But no matter how many people they killed, no matter 491 00:25:24,600 --> 00:25:27,480 Speaker 1: how many people they threatened with death, they couldn't stop 492 00:25:27,520 --> 00:25:30,560 Speaker 1: the inevitable, which was the free flowing of information, and 493 00:25:30,640 --> 00:25:33,560 Speaker 1: eventually their whole system collapse because people have the information. 494 00:25:33,640 --> 00:25:35,960 Speaker 1: Now fast forward to today, we also have a new 495 00:25:35,960 --> 00:25:38,840 Speaker 1: invention that started about thirty years ago called the Internet, 496 00:25:39,160 --> 00:25:43,080 Speaker 1: and the Internet allows for free flowing of information, sort 497 00:25:43,119 --> 00:25:46,600 Speaker 1: of like the printing press. And no matter how much 498 00:25:46,640 --> 00:25:49,200 Speaker 1: they try to censor us, no matter how much Gary 499 00:25:49,240 --> 00:25:51,920 Speaker 1: Gensler warns us that they're going to prosecute us if 500 00:25:51,920 --> 00:25:54,399 Speaker 1: we talk about it, the information is out there. And 501 00:25:54,640 --> 00:25:58,040 Speaker 1: to Henry Ford's quote, if the people knew how the 502 00:25:58,080 --> 00:26:01,240 Speaker 1: banking system worked, well, that's my job. That's my goal. 503 00:26:01,280 --> 00:26:03,239 Speaker 1: I shouldn't say it's a lot of people's jobs. As 504 00:26:03,280 --> 00:26:05,520 Speaker 1: I say on my YouTube videos, I'm here to change 505 00:26:05,560 --> 00:26:08,960 Speaker 1: the way you think about money because everything you've learned 506 00:26:09,040 --> 00:26:12,600 Speaker 1: is wrong. Purposely because Henry Ford said there'd be a revolution. 507 00:26:12,680 --> 00:26:15,280 Speaker 1: They don't want that, so they have to either not 508 00:26:15,400 --> 00:26:17,160 Speaker 1: teach you about it, or they have to teach you wrong. 509 00:26:17,200 --> 00:26:20,199 Speaker 1: They have to lie to you about it. But just 510 00:26:20,240 --> 00:26:22,639 Speaker 1: like the printing press, the Internet has now exposed this. 511 00:26:23,000 --> 00:26:25,639 Speaker 1: We now see how it's working and we're in that 512 00:26:25,680 --> 00:26:28,400 Speaker 1: age stay so they can't control it, and it moves fast. 513 00:26:29,200 --> 00:26:32,359 Speaker 1: So just like Henry Ford said, a revolution before morning, 514 00:26:32,359 --> 00:26:35,200 Speaker 1: Peter Field put that out and within forty eight hours 515 00:26:35,280 --> 00:26:37,680 Speaker 1: the bank had collapsed within forty eight hours. So there's 516 00:26:37,720 --> 00:26:41,560 Speaker 1: two things. One, information moves really really fast. We can 517 00:26:41,600 --> 00:26:43,879 Speaker 1: share the information no matter how much they try to 518 00:26:44,000 --> 00:26:47,400 Speaker 1: censor and control. You got the Joe Rogans, you got 519 00:26:47,400 --> 00:26:50,320 Speaker 1: the Russell Brands. You got little old Me doing my 520 00:26:50,440 --> 00:26:53,520 Speaker 1: part as well, trying to expose this. So you know 521 00:26:53,560 --> 00:26:56,960 Speaker 1: what's going on and they can't stop that. But there's 522 00:26:57,000 --> 00:27:01,000 Speaker 1: something else that's also leading to this, something called the 523 00:27:01,000 --> 00:27:03,080 Speaker 1: digital age. I'm going to talk about that. I gotta 524 00:27:03,080 --> 00:27:04,520 Speaker 1: take a quick break. If you're just tune in, you're 525 00:27:04,560 --> 00:27:07,280 Speaker 1: listening to the Mark Moss Show, we're talking about the 526 00:27:07,320 --> 00:27:12,160 Speaker 1: banking system collapse. I'm gonna do. I'm gonna cover exactly 527 00:27:12,800 --> 00:27:15,080 Speaker 1: like I said, the second ingredient to why we're in 528 00:27:15,119 --> 00:27:17,639 Speaker 1: a new paradigm and why they aren't unable to control this, 529 00:27:17,840 --> 00:27:20,600 Speaker 1: and then we're gonna talk about how to protect yourself 530 00:27:20,640 --> 00:27:23,239 Speaker 1: from all of this. So I'm gonna be back with 531 00:27:23,359 --> 00:27:27,080 Speaker 1: all of that, talk about some of the ramifications. Like 532 00:27:27,119 --> 00:27:29,560 Speaker 1: I said, how to protect yourself, and so much more. 533 00:27:29,960 --> 00:27:32,280 Speaker 1: If you've missed any of this before, go check it 534 00:27:32,280 --> 00:27:34,679 Speaker 1: out on the podcast The Mark Moss Show on your 535 00:27:34,720 --> 00:27:37,399 Speaker 1: favorite podcast player or the Market Disruptors YouTube channel. You 536 00:27:37,400 --> 00:27:38,880 Speaker 1: can listen and watch me at the same time. I'm 537 00:27:38,880 --> 00:27:40,840 Speaker 1: gonna take one quick break. I'm gonna be right back 538 00:27:40,840 --> 00:27:46,040 Speaker 1: with the rest. Don't go away, all right, Welcome back. 539 00:27:46,160 --> 00:27:48,120 Speaker 1: If you're just tune in, you're listening to the Mark 540 00:27:48,200 --> 00:27:52,000 Speaker 1: Moss Show. Of course we're talking about the banking system collapse, 541 00:27:52,000 --> 00:27:55,080 Speaker 1: the blood bath that's happening in the banking market, banking system, 542 00:27:55,160 --> 00:27:57,760 Speaker 1: and of course this leads into our thesis of the 543 00:27:57,800 --> 00:28:01,280 Speaker 1: decentralized revolution. It's one of the three revolutionary cycles that 544 00:28:01,280 --> 00:28:04,040 Speaker 1: are resetting. The financial system is resetting. Now. I'm not 545 00:28:04,080 --> 00:28:06,000 Speaker 1: going to recap everything I've talked about, but it was important. 546 00:28:06,080 --> 00:28:07,880 Speaker 1: Go check it out on the podcast player. Just search 547 00:28:08,000 --> 00:28:09,800 Speaker 1: Market Maas Show if you want to check that out. 548 00:28:10,040 --> 00:28:13,480 Speaker 1: So the new paradigm. Now information moves at the speed 549 00:28:13,480 --> 00:28:16,399 Speaker 1: of light. The Internet has changed that exposes it. But 550 00:28:16,480 --> 00:28:19,720 Speaker 1: even more importantly, we're in the digital age of money, 551 00:28:20,800 --> 00:28:23,760 Speaker 1: and so in previous banking collapses in the seventies and 552 00:28:23,800 --> 00:28:28,040 Speaker 1: the thirties, the twenties, the eighteen hundreds, information moved very 553 00:28:28,160 --> 00:28:30,800 Speaker 1: very slow. Maybe you know, out on my farm we 554 00:28:30,880 --> 00:28:33,160 Speaker 1: had on the prairie. Eventually months later, like a little 555 00:28:33,240 --> 00:28:34,560 Speaker 1: rumor comes to me and I don't know if it's 556 00:28:34,600 --> 00:28:37,920 Speaker 1: true or not. Right, So information moved really slow, whereas 557 00:28:37,920 --> 00:28:40,080 Speaker 1: today boom, one Twitter post can reach millions of people, 558 00:28:40,160 --> 00:28:43,000 Speaker 1: or tens or twenty or fifty million people. But more importantly, 559 00:28:43,640 --> 00:28:45,240 Speaker 1: if I'm that rancher out on the farm that maybe 560 00:28:45,280 --> 00:28:46,880 Speaker 1: don't get that news for a couple of months now, 561 00:28:47,040 --> 00:28:49,200 Speaker 1: then I would have to get get on my horse 562 00:28:49,280 --> 00:28:51,240 Speaker 1: and I would have to ride, however many days to 563 00:28:51,240 --> 00:28:52,680 Speaker 1: get to the town and stand the line at a 564 00:28:52,800 --> 00:28:55,680 Speaker 1: bank to get some cash out. Now I can see 565 00:28:55,720 --> 00:28:59,160 Speaker 1: the post online on my favorite news site or social 566 00:28:59,160 --> 00:29:02,680 Speaker 1: media app, and I can literally open my banking app 567 00:29:02,720 --> 00:29:04,840 Speaker 1: and just click a button and move my money out 568 00:29:04,840 --> 00:29:07,040 Speaker 1: of the bank. So not only in the digital as 569 00:29:07,400 --> 00:29:11,040 Speaker 1: this information move to speed delight. So does money. And 570 00:29:11,480 --> 00:29:14,080 Speaker 1: I can move it from one bank to another, which 571 00:29:14,240 --> 00:29:16,960 Speaker 1: you know hurts that bank I pulled it from it's 572 00:29:17,040 --> 00:29:20,640 Speaker 1: still in the banking system overall. Or with a click 573 00:29:20,680 --> 00:29:22,000 Speaker 1: of a button, I can just go buy a bitcoin, 574 00:29:23,120 --> 00:29:27,040 Speaker 1: which happened a lot. We saw bitcoin price bounce from 575 00:29:27,040 --> 00:29:30,560 Speaker 1: twenty to twenty five thousand as massive amounts of people 576 00:29:30,560 --> 00:29:33,440 Speaker 1: were moving into bitcoin. Also gold gold caught a massive bid, 577 00:29:33,520 --> 00:29:38,760 Speaker 1: did amazing. But a couple of things I think that 578 00:29:38,800 --> 00:29:43,680 Speaker 1: are interested about this. The banks don't understand capitalism, so 579 00:29:43,880 --> 00:29:47,440 Speaker 1: they don't understand capitalism because the government always bails them out. Right, 580 00:29:47,480 --> 00:29:49,600 Speaker 1: if there was a little bit of risk and reward here, 581 00:29:49,720 --> 00:29:53,120 Speaker 1: if banks actually lost money instead of what they we 582 00:29:53,200 --> 00:29:56,000 Speaker 1: say privatizing gains, the banks privatize the gains. They get 583 00:29:56,000 --> 00:29:58,520 Speaker 1: to keep the profits. But if they lose, we socialize 584 00:29:58,560 --> 00:30:00,040 Speaker 1: the losses. That means you and I, as tax I 585 00:30:00,200 --> 00:30:03,080 Speaker 1: have to pay that. If they didn't do if the 586 00:30:03,080 --> 00:30:04,959 Speaker 1: government didn't bail them out, if that didn't happen, they 587 00:30:05,000 --> 00:30:07,720 Speaker 1: would learn that, shoot, I shouldn't touch that hot stove again. 588 00:30:07,960 --> 00:30:11,080 Speaker 1: Capitalism would kick in. They'd have personal responsibility. But they don't. 589 00:30:11,920 --> 00:30:14,440 Speaker 1: A couple things that are just stupid for the banks 590 00:30:14,480 --> 00:30:18,360 Speaker 1: that have again because they've never had risk It's like 591 00:30:18,520 --> 00:30:20,640 Speaker 1: it's like it's like a it's like a kid who's 592 00:30:20,680 --> 00:30:23,760 Speaker 1: been or or an adult who's grown up with, you know, 593 00:30:23,880 --> 00:30:26,120 Speaker 1: overbearing parents who's treated them like a kid, and they've 594 00:30:26,160 --> 00:30:30,680 Speaker 1: just never learned to manage themselves. And so the banks 595 00:30:30,760 --> 00:30:35,560 Speaker 1: didn't practice any proper risk management. That's their fault. They 596 00:30:35,720 --> 00:30:40,200 Speaker 1: made massive bad investments into e SG that have complete 597 00:30:40,240 --> 00:30:43,120 Speaker 1: felt so they lost. They had no risk management. They 598 00:30:43,160 --> 00:30:47,280 Speaker 1: made massive amounts of bad investments. But that's SVB. But 599 00:30:47,320 --> 00:30:50,640 Speaker 1: the banks overall don't get it either. So for example, 600 00:30:51,320 --> 00:30:52,760 Speaker 1: as I said, you give your money to the bank, 601 00:30:52,840 --> 00:30:57,920 Speaker 1: you're a non secured creditor, okay, and how much does 602 00:30:57,960 --> 00:31:00,640 Speaker 1: the bank give you. Well, when you give the money 603 00:31:00,680 --> 00:31:03,000 Speaker 1: to the bank, they loan, they use that money to 604 00:31:03,040 --> 00:31:06,000 Speaker 1: invest and make money. How much of that do they 605 00:31:06,000 --> 00:31:08,000 Speaker 1: give back to you. See, used to be when I 606 00:31:08,000 --> 00:31:09,760 Speaker 1: give my money to the bank, the bank would invest 607 00:31:09,800 --> 00:31:12,600 Speaker 1: it and then they would pay me interest, which was 608 00:31:12,720 --> 00:31:14,520 Speaker 1: a return on my money, which was part of the 609 00:31:14,560 --> 00:31:18,120 Speaker 1: money they were making with my money. But today we 610 00:31:18,160 --> 00:31:19,640 Speaker 1: put our money in the bank. They make money with 611 00:31:19,640 --> 00:31:21,600 Speaker 1: our money, but they give us zero As a matter 612 00:31:21,600 --> 00:31:26,400 Speaker 1: of fact, most banks pay like zero point eight today. 613 00:31:26,640 --> 00:31:31,000 Speaker 1: But the FED, the government, the FED will pay me 614 00:31:31,400 --> 00:31:34,760 Speaker 1: five percent. And that's the FED. So I don't have 615 00:31:34,800 --> 00:31:36,239 Speaker 1: to worry about the riskiness of the bank. I have 616 00:31:36,240 --> 00:31:38,560 Speaker 1: to worry about being unsecured creditor. I don't have to 617 00:31:38,600 --> 00:31:42,200 Speaker 1: worry about them, you know, making bad deals or whatever, fraud. 618 00:31:42,200 --> 00:31:43,280 Speaker 1: I don't have to worry about any of that. I 619 00:31:43,400 --> 00:31:45,840 Speaker 1: just give it directly to the FED, and they guarantee 620 00:31:45,880 --> 00:31:48,520 Speaker 1: my money and they pay me five percent. So would 621 00:31:48,520 --> 00:31:50,960 Speaker 1: you rather take all the risk, all the problems, all 622 00:31:50,960 --> 00:31:55,720 Speaker 1: the headaches, all the pitfalls for zero percent or give 623 00:31:55,720 --> 00:31:57,840 Speaker 1: it to the Fed for five? Of course, the answer 624 00:31:57,880 --> 00:32:00,200 Speaker 1: is give it to the Fed five. So what are 625 00:32:00,200 --> 00:32:03,720 Speaker 1: doing well? They're pulling money out. Banks have never had 626 00:32:03,760 --> 00:32:06,640 Speaker 1: to deal with competition. They don't understand capitalisms, so they 627 00:32:06,640 --> 00:32:08,480 Speaker 1: don't get this. So if the banks want us to 628 00:32:08,560 --> 00:32:11,120 Speaker 1: keep our money in the banks, they should probably pay 629 00:32:11,200 --> 00:32:14,000 Speaker 1: us better than what the FED will pay us. They 630 00:32:14,040 --> 00:32:17,840 Speaker 1: should pay us Fed five percent plus whatever they're making 631 00:32:17,840 --> 00:32:20,320 Speaker 1: on our loan portfolio. They're giving out credit cards, are 632 00:32:20,320 --> 00:32:22,960 Speaker 1: given out home loans. They're making about a seventeen percent 633 00:32:23,080 --> 00:32:26,840 Speaker 1: return on average seventeen percent. So could they give us 634 00:32:26,840 --> 00:32:29,120 Speaker 1: what the FED is paying five plus two? Could they 635 00:32:29,160 --> 00:32:31,440 Speaker 1: give us seven percent? We'll keep my money in the 636 00:32:31,480 --> 00:32:33,960 Speaker 1: bank for seven percent. At five percent, let's going to 637 00:32:34,040 --> 00:32:37,400 Speaker 1: the FED. That's it. Banks lose. Now maybe I'll keep 638 00:32:37,480 --> 00:32:39,160 Speaker 1: enough to pay my house payment next month, but the 639 00:32:39,200 --> 00:32:41,000 Speaker 1: rest goes to the Fed. So how do we protect ourselves. 640 00:32:41,040 --> 00:32:44,040 Speaker 1: Let's move into that part. Well, one, get your money 641 00:32:44,080 --> 00:32:47,840 Speaker 1: out of the banks, move it to the FED. Certainly, 642 00:32:47,920 --> 00:32:50,880 Speaker 1: keep your money under two hundred fifty thousand dollars amounts. Certainly. 643 00:32:51,480 --> 00:32:53,400 Speaker 1: Of course, now the Fed's going to backstop all though, 644 00:32:53,440 --> 00:32:56,000 Speaker 1: so maybe that doesn't even matter anymore. But why would 645 00:32:56,040 --> 00:32:57,800 Speaker 1: you put your money in the bank and mern zero? Now, 646 00:32:57,800 --> 00:32:59,920 Speaker 1: like I said, you know, we have our checking account. 647 00:33:00,200 --> 00:33:02,360 Speaker 1: I'm talking about checking account. There's money that I need 648 00:33:02,440 --> 00:33:04,560 Speaker 1: short term paying my bills this month, and then you 649 00:33:04,560 --> 00:33:07,160 Speaker 1: should have hopefully you have a savings account, and that's 650 00:33:07,240 --> 00:33:10,280 Speaker 1: long term money, right, and so that savings account, put 651 00:33:10,320 --> 00:33:13,280 Speaker 1: that at the FED. Go make five percent. You can 652 00:33:13,320 --> 00:33:16,880 Speaker 1: do it. And now not long term treasuries. That's how 653 00:33:16,880 --> 00:33:20,520 Speaker 1: everyone lost money. Short term treasuries less than two years, 654 00:33:20,640 --> 00:33:26,680 Speaker 1: one year, six months, and it's tax free. In most cases, 655 00:33:26,680 --> 00:33:28,800 Speaker 1: talk to your tax professional in that most cases that 656 00:33:28,840 --> 00:33:31,200 Speaker 1: income is tax free for you, so it's even better 657 00:33:31,200 --> 00:33:34,080 Speaker 1: than that. You can't earn that in stocks, which is 658 00:33:34,080 --> 00:33:36,480 Speaker 1: why stocks are going downhill. So that's how you protect yourself. 659 00:33:36,480 --> 00:33:39,720 Speaker 1: That's one way. Another way, obviously, bitcoin Bitcoin was made 660 00:33:39,800 --> 00:33:42,440 Speaker 1: for this moment. As I said, it pumped from twenty 661 00:33:42,600 --> 00:33:47,960 Speaker 1: twenty five thousand. People realize that the banks can't be trusted, 662 00:33:47,960 --> 00:33:52,440 Speaker 1: there's moral hazard, and so there's bitcoin. Now, I'm gonna 663 00:33:52,480 --> 00:33:54,560 Speaker 1: do a live event next week where I'm gonna go 664 00:33:54,600 --> 00:33:56,120 Speaker 1: live for about an hour and really going to break 665 00:33:56,160 --> 00:33:59,000 Speaker 1: this system down and more importantly talk about how we 666 00:33:59,120 --> 00:34:01,120 Speaker 1: can protect ourselves, how we can invest, how we can 667 00:34:01,160 --> 00:34:04,960 Speaker 1: make money through this situation because oh, a lot of 668 00:34:04,960 --> 00:34:07,080 Speaker 1: wealth is being created right now. Um, if you want 669 00:34:07,080 --> 00:34:08,360 Speaker 1: to find out about that, you want to join me 670 00:34:08,400 --> 00:34:10,480 Speaker 1: next week where we're gonna go live and you can 671 00:34:10,520 --> 00:34:13,200 Speaker 1: actually interact with me. It's done like over zoom. Just 672 00:34:13,239 --> 00:34:16,640 Speaker 1: go to go dot one, Markmoss dot com, Go dot one, 673 00:34:16,719 --> 00:34:21,319 Speaker 1: Markmas dot com, slash crash, Go dot one, Markmoss dot com, 674 00:34:21,360 --> 00:34:23,640 Speaker 1: slash crash. We'll go live, like I said, in a 675 00:34:23,680 --> 00:34:25,920 Speaker 1: zoom environment, we can talk. We can share messages and 676 00:34:25,960 --> 00:34:27,440 Speaker 1: we'll really talk about this, but I'm gonna lay out 677 00:34:27,480 --> 00:34:31,000 Speaker 1: my plan of how we're making a killing in this market. Um, 678 00:34:31,400 --> 00:34:34,360 Speaker 1: when there's when there's volatility, that's when the time is 679 00:34:34,400 --> 00:34:36,680 Speaker 1: to make money. It's sort of like, um, when there's 680 00:34:36,760 --> 00:34:38,920 Speaker 1: big waves in the ocean, that's the time to go surf. 681 00:34:39,200 --> 00:34:41,799 Speaker 1: When there's big waves in the financial market, that's time 682 00:34:41,840 --> 00:34:43,239 Speaker 1: to make money. So we want to talk about that. 683 00:34:43,280 --> 00:34:47,520 Speaker 1: But UM, you know, like I said, uh, get your 684 00:34:47,520 --> 00:34:49,560 Speaker 1: money out of the bank. Why if you if you 685 00:34:49,640 --> 00:34:51,759 Speaker 1: have more than you need for this month or two, 686 00:34:52,280 --> 00:34:56,800 Speaker 1: go put into treasuries short dated less than two years 687 00:34:57,280 --> 00:35:00,440 Speaker 1: tax free. In most cases, gold is doing amazing well. 688 00:35:00,440 --> 00:35:03,399 Speaker 1: I expect that to continue. Bitcoin is doing amazingly well. 689 00:35:03,800 --> 00:35:06,319 Speaker 1: And part of this isn't just the system collapsing on 690 00:35:06,360 --> 00:35:08,560 Speaker 1: its own because they've made all these bad decisions, which 691 00:35:08,600 --> 00:35:13,880 Speaker 1: is certainly the case. It's also happening because other nations 692 00:35:13,920 --> 00:35:16,200 Speaker 1: around the world see the same problem. As a matter 693 00:35:16,239 --> 00:35:19,760 Speaker 1: of fact, central banks have bought more gold than any 694 00:35:19,800 --> 00:35:23,480 Speaker 1: time in history. Central banks are going to shoot. We 695 00:35:23,560 --> 00:35:26,240 Speaker 1: don't want fiat currency. I don't want any fiat currency. 696 00:35:26,400 --> 00:35:29,200 Speaker 1: I don't want the Turkish lira, I don't want I 697 00:35:29,200 --> 00:35:32,040 Speaker 1: don't want any I don't want any currency. I don't 698 00:35:32,040 --> 00:35:34,520 Speaker 1: even want to use a dollar. I'd rather just have 699 00:35:34,680 --> 00:35:38,760 Speaker 1: the gold they're saying, I would rather have the commodities. 700 00:35:39,400 --> 00:35:41,919 Speaker 1: So Russia announced are going to produce less oil. They'd 701 00:35:42,000 --> 00:35:44,360 Speaker 1: rather keep the oil in the ground than pump it 702 00:35:44,440 --> 00:35:48,239 Speaker 1: all out and hold onto Fiat currencies. Saudi Arabia the 703 00:35:48,280 --> 00:35:50,600 Speaker 1: same thing. GM just announce they're going to spend six 704 00:35:50,680 --> 00:35:53,759 Speaker 1: hundred and fifty million, over half a billion dollars to 705 00:35:53,760 --> 00:35:56,480 Speaker 1: buy a lithium mine. They'd rather own lithium in the 706 00:35:56,520 --> 00:35:59,640 Speaker 1: ground than they would rather have the dollars or the treasuries. 707 00:36:00,920 --> 00:36:04,160 Speaker 1: So that's what's happening here. And so you know, we 708 00:36:04,200 --> 00:36:07,080 Speaker 1: have the rise of the bricks nations. Over sixty percent 709 00:36:07,160 --> 00:36:08,799 Speaker 1: of the people in the world are now part of 710 00:36:08,800 --> 00:36:13,200 Speaker 1: the bricks nations. That's Brazil, Russia, India, China, South Africa, 711 00:36:13,239 --> 00:36:15,200 Speaker 1: but of course lots of other nations are joining in Iran, 712 00:36:15,280 --> 00:36:18,520 Speaker 1: Saudi Arabia, and now even Mexico is talking about it, 713 00:36:18,560 --> 00:36:22,400 Speaker 1: which would be catastrophic. And so everybody sees what's happening. 714 00:36:23,000 --> 00:36:26,799 Speaker 1: Everybody's running too. The exits. The banking system is trying 715 00:36:26,800 --> 00:36:29,399 Speaker 1: to close off those exits as fast as they can, 716 00:36:30,000 --> 00:36:32,360 Speaker 1: and you need to get out of the exit while 717 00:36:32,440 --> 00:36:34,640 Speaker 1: you still can. But like I said, those walls are 718 00:36:34,640 --> 00:36:35,960 Speaker 1: closing in. If you want to join me next week 719 00:36:36,000 --> 00:36:38,120 Speaker 1: we're gonna go live talk about this, do live Q 720 00:36:38,280 --> 00:36:40,359 Speaker 1: and A join me. Just go dot one Mark Moss 721 00:36:40,440 --> 00:36:43,319 Speaker 1: dot com slash crash again, that's go dot one Mark 722 00:36:43,360 --> 00:36:48,520 Speaker 1: Moss dot com slash crash. But whatever you do, be careful. 723 00:36:48,960 --> 00:36:53,280 Speaker 1: It's the age of personal responsibility is snapping back. You 724 00:36:53,640 --> 00:36:57,280 Speaker 1: are responsible for your retirement, you are responsible for your health, 725 00:36:58,280 --> 00:37:00,440 Speaker 1: you are responsible for your money in the bank, You're 726 00:37:00,440 --> 00:37:03,759 Speaker 1: responsible for your business. You're responsible for yourself. No one 727 00:37:04,000 --> 00:37:07,400 Speaker 1: is coming to save you, so better learn how to 728 00:37:07,400 --> 00:37:09,120 Speaker 1: do it yourself. Anyway, you're listening to the Mark Mos 729 00:37:09,200 --> 00:37:12,280 Speaker 1: Show talking about the decentralized Revolution, talking about the banking collapse. 730 00:37:12,280 --> 00:37:13,520 Speaker 1: If you missed any of it, check it out on 731 00:37:13,520 --> 00:37:15,600 Speaker 1: the podcast The Mark ma Show. And that's what I got. 732 00:37:15,600 --> 00:37:16,280 Speaker 1: Thanks for listening.