Speaker 1: Hello, and welcome to another episode of the Mark Mos Show,
Speaker 1: where we talk about each and every week, we talk
Speaker 1: about the decentralized revolution, the way the world is changing
Speaker 1: right before our very eyes, as we swing from my
Speaker 1: period of centralization and moving back towards decentralization. We look
Speaker 1: at it through the lens of politics, finance, and technology.
Speaker 1: And there's a no shortage of things to talk about
Speaker 1: eats and every week. So it makes my job pretty easy. Actually,
Speaker 1: my top is pretty hard because there's so much news.
Speaker 1: I have to figure out what to get rid of
Speaker 1: and what what's important. You know, there's so much noise,
Speaker 1: as we say, and so I was trying to find
Speaker 1: the signal in the noise, trying to find the signal
Speaker 1: to bring to you so I can just cut down
Speaker 1: the amount of time that's required for you to stay
Speaker 1: on top of these things and see what's going on.
Speaker 1: And I got a lot to cover this show. Hopefully
Speaker 1: we'll stick with me through the whole time. We've got
Speaker 1: a lot to cover. I know it's a long show.
Speaker 1: We'll break it into segments if you don't. If you
Speaker 1: if you can't stick around to watch the whole thing
Speaker 1: or listen to the whole thing. Don't worry, I got
Speaker 1: your back. You can check out the recorded versions later
Speaker 1: on the podcast. Just search Mark Moss Show on your
Speaker 1: favorite podcast player, I hard player, iTunes player, etcetera. And
Speaker 1: you can also find it on YouTube. Just search Market
Speaker 1: Disruptors on YouTube and you'll find them where you can
Speaker 1: actually watch me and listen to me at the same time.
Speaker 1: But we got a lot to cover. I want to
Speaker 1: carry on from actually some of the topics we talked
Speaker 1: about last week, which is some of the topics we've
Speaker 1: been talking about for like over a year. And these
Speaker 1: are topics that don't go away because it's literally, no,
Speaker 1: I don't want to say it's the thing that's driving
Speaker 1: the direction of the world right now, but it kind
Speaker 1: of is. UM. It's also what really changes UM, really
Speaker 1: change the dynamic of what's driving the world. More importantly,
Speaker 1: it changes UM the ability to affect some of these changes,
Speaker 1: some of the tools that are taking on too place.
Speaker 1: It's it's literally the biggest thing that there is to
Speaker 1: talk about. So we talked about it a lot, but
Speaker 1: it's signals that the end is near. When I say
Speaker 1: the end out, I mean world gonna die in some
Speaker 1: apocalyptic vision of the future. But the world as we
Speaker 1: know it is changing, is changing rapidly, and so we
Speaker 1: look at those sign posts. Anyway, we're gonna talk about
Speaker 1: that kind of carrying on from where we talked about
Speaker 1: last week UM, which the big, big, big, big data
Speaker 1: this week was the new cp I print, the Consumer
Speaker 1: Price Inflation Index that got released and it tells us, UM,
Speaker 1: what's happening with the battle that the Fed and the
Speaker 1: government is dealing with a lot of things that goes
Speaker 1: into that. We'll talk about that. We're gonna talk about, yes,
Speaker 1: of course, the technology piece, which is bitcoin, the decentralized
Speaker 1: revolution technology, We're gonna talk about that. What's going on
Speaker 1: with that space. We're gonna talk about this the overall economy. UM.
Speaker 1: Some big things happened this week, specifically that was keyed
Speaker 1: off of this UM cp I print and with what
Speaker 1: the I m F has coming out and saying, UM,
Speaker 1: we're going to continue to look at the breakdown or
Speaker 1: actually say the pendulum swinging from centralization centralization to decentralization. UM.
Speaker 1: Looking at some things that are happening all throughout society
Speaker 1: that kind of show us the signpost that we can
Speaker 1: see how it's changing. We're gonna get into some energy talk.
Speaker 1: Of course, we talk about the energy thing a lot
Speaker 1: um and then we're gonna talk about the search for truth.
Speaker 1: This is one of the biggest catalysts that is changing
Speaker 1: the world right now. We're gonna talk about that as well.
Speaker 1: So anyway, lots of cover. Hopefully stick with me to
Speaker 1: the whole time. But don't worry if if you don't,
Speaker 1: if you can't, no worries. I got your back. Like
Speaker 1: I said, go check me out on the podcast Mark
Speaker 1: Mos Show on the podcast player or on YouTube under
Speaker 1: Market Disruptors. By the way, if you're not following me
Speaker 1: on social media, you should, um just check me out
Speaker 1: at one Mark Moss. I'll put a lot of stuff out,
Speaker 1: you know, multiple times a day off of what I'm seeing,
Speaker 1: so you don't have to wait one time a week
Speaker 1: to see me or catch me here. You can stay
Speaker 1: in touch with me on on a regular basis on
Speaker 1: social media at one Mark Moss. But let's go ahead,
Speaker 1: just jump right into this, um. So, as I already
Speaker 1: kind of said, it kind of carries on from last week.
Speaker 1: Last week I said that the Central Banks, the Federal
Speaker 1: Reserve is fighting the wrong war and that was kind
Speaker 1: of the topic of last week. It's pretty important if
Speaker 1: you if you missed it, like I said, go back
Speaker 1: and check it out on the podcast player or on YouTube.
Speaker 1: But the central banks, I said, we're fighting the wrong war.
Speaker 1: And what I meant by that is that they're fighting inflation. Right.
Speaker 1: But there's two ways to tackle inflation. So inflation in
Speaker 1: the terms that we're talking about is the rise the
Speaker 1: increase in prices. Uh, the reason why you can barely
Speaker 1: afford to fill up your grocery shart grocery cart with groceries,
Speaker 1: while you can barely afford to fill up your car
Speaker 1: with gas. And that's because the prices of everything is
Speaker 1: going up so fast. And there's two ways to affect
Speaker 1: high prices. Just to two levers, supply and demand. So
Speaker 1: I can bring more supply to the market. If there's
Speaker 1: more supply, if there's more goods than there are people
Speaker 1: to buy them, then the price comes down. If there's
Speaker 1: more people wanting to buy the goods and not enough
Speaker 1: goods to go around, the prices go up. So they
Speaker 1: can just bring more supply to the market, which sounds
Speaker 1: like a great idea. More abundance for everybody, or the
Speaker 1: much worse option is they could they could destroy demand.
Speaker 1: So you're just so poor, you're just so broke, you
Speaker 1: can't afford to buy anything. And if you can't afford
Speaker 1: to buy anything, then I guess there's less demand than
Speaker 1: their supply. Uh. And so as I said, they're fighting
Speaker 1: the central banks, the Federal Reserve is fighting the demand
Speaker 1: side of that. Meaning their goal, their stated goal stated
Speaker 1: meaning all over the news, they said it in all
Speaker 1: their meetings. Their goal is to crush the demand, not
Speaker 1: at to supply. Crush the demand. Of course, the Fed,
Speaker 1: the central banks can't print food, they can't print energy, um,
Speaker 1: they can't print any of those things. Now they could, potentially,
Speaker 1: you know, use some money. They could pressure the government
Speaker 1: to relax regulations to allow people to bring more um
Speaker 1: goods to market. That would be great. Then everybody gets
Speaker 1: more more wealthy because now people are have more jobs
Speaker 1: and there's more manufacturing, there's more production. We all have
Speaker 1: more goods to buy, a cheaper prices or quality of
Speaker 1: life goes up because our money that we have saved
Speaker 1: or money that we're earning buys us more goods and services.
Speaker 1: That sounds great, sounds like a great world, But that's
Speaker 1: not what they want. They want to crush the demand.
Speaker 1: They want for you to be poor. They want for
Speaker 1: your retirement account to be cut in half, your house
Speaker 1: to be cut in half. They want your job to
Speaker 1: pay you less money. The fact that the employment market
Speaker 1: is tight, meaning there's not a lot of jobs open,
Speaker 1: which that's a complete manipulated number. We can talk about
Speaker 1: that more later, but the fact that your job is
Speaker 1: offering to pay you more money is in direct conflict
Speaker 1: to what they want. They need. They said they're committed
Speaker 1: to it, committed to bring in prices down. They're committed
Speaker 1: to it. They need that they need for prices to
Speaker 1: come down. In order for prices to come down, the
Speaker 1: amount of money you make has to come down. Because
Speaker 1: if an employer has to pay you more money to
Speaker 1: recruit you to their business, then that employer now has
Speaker 1: to raise their prices to pay for you. So if
Speaker 1: McDonald's workers get paid more money, as in California, Governor
Speaker 1: Newsom wants to pass a bill that all fast food
Speaker 1: restaurants have to pay people like twenty dollars minimum. Well, okay,
Speaker 1: so let's pay everyone twenty minimum. But now those fast
Speaker 1: food restaurants still needing to make a profit, we'll have
Speaker 1: to increase their prices. So now the burgers cost more money.
Speaker 1: That means then food prices go up. That's inflation. The
Speaker 1: FED is trying to get prices to come down. So
Speaker 1: if you make more money and the prices go up,
Speaker 1: that is a problem. Do you understand what's going on?
Speaker 1: The Fed needs you to be poor in order for
Speaker 1: them to achieve their goals. Now, again, the other way
Speaker 1: to achieve the goals just let's just bring more supply
Speaker 1: to the market. Let's just bring more steak, more food,
Speaker 1: more energy. Let's just bring more to the market. Then
Speaker 1: we're all abundant. Now we can buy all that we want.
Speaker 1: Our money goes further. We all have jobs, we're producing
Speaker 1: goods and service in the ony. Sounds great, but again
Speaker 1: they're fighting the wrong war. And the reason why I
Speaker 1: say they're fighting the wrong war is because the reason
Speaker 1: the prices are going so high is not because of
Speaker 1: too much demand. They think that there's too much demand,
Speaker 1: too many people buying things. That's not the case. The
Speaker 1: problem isn't that we have too much demand. The problem
Speaker 1: is that we don't have enough supply. So they're trying
Speaker 1: to bring the demand down to match supply. But that's
Speaker 1: a war they can't win. We talked about it last
Speaker 1: week again, go back and listen to that, but back
Speaker 1: to the news at hand. This week, US core CPI
Speaker 1: surges to a forty year high, forty year high. We
Speaker 1: keep talking about forty year high, forty year h forty
Speaker 1: year high. Well, it's because we keep setting records and
Speaker 1: we go back to forty years when they're famous Reagan era,
Speaker 1: when inflation was double digits and the vultar Paul Volker,
Speaker 1: who was then head of the Pollow Reserve, had to
Speaker 1: raise rates to twenty percent. Interest rates, mortgage rates are
Speaker 1: at all time highs, and not all time highs, recent
Speaker 1: all time highs. They're back all the way up to
Speaker 1: seven percent imagine them at And that's where we were
Speaker 1: forty years ago. So that is what they're comparing us to.
Speaker 1: If you're just tuning in, you're listening to the Markma Show,
Speaker 1: we're talking about the decentralized revolution, the way the world
Speaker 1: is changing right now before our very eyes. What we know,
Speaker 1: this era is coming to an end and the new
Speaker 1: world that we're going into is a decentralized world. We're
Speaker 1: talking about that you don't want to miss I got
Speaker 1: a big, big, big show planned UM. Talking about the
Speaker 1: way this world is changing. We're looking at the signpost
Speaker 1: of it, so we know how to position ourselves to
Speaker 1: take advantage. I got a whole lot of coming up.
Speaker 1: Don't go away, I'll be right back. All right, Welcome back.
Speaker 1: You are listening to the Mark Ma Show. We talk
Speaker 1: about the decentralized revolution, the way the world is changing
Speaker 1: right before our very eyes, from a world of centralization,
Speaker 1: centrally planned, centrally planned economies, to a world of decentralization.
Speaker 1: And these are the sign posts we're looking at it.
Speaker 1: The financial system is breaking apart right before our very eyes.
Speaker 1: As the financial system breaks apart, it breaks apart the
Speaker 1: political system. And as that breaks apart, we have new
Speaker 1: technologies that come and help us rebuild and get things
Speaker 1: back on track again. So we look at the convergence
Speaker 1: of those three things. Today we're talking specifically about the
Speaker 1: financial system coming to an end as we know it, UM,
Speaker 1: which of course will change the political system as we
Speaker 1: know it as well. But again this week we announced
Speaker 1: or it was announced by the BLS, the Bureau of
Speaker 1: Labor Statistics, they announced that again CPI consumer price index
Speaker 1: or the inflation prices that you pay going up to
Speaker 1: a new forty year high. And it says that or
Speaker 1: what what we need to understand is that this data
Speaker 1: tells us what comes next? Okay, because the Federal Reserve,
Speaker 1: the Central Bank, while um they have been reducing the
Speaker 1: money supply, they do that by increasing rates, and they
Speaker 1: said they're going to stick with it bringing prices down
Speaker 1: until the job is done. We'll stick with it. Is
Speaker 1: crushing demand until the job is done. What's the job
Speaker 1: bringing prices down? So because prices have gone back up again,
Speaker 1: it tells us what comes next? And what is that? Well,
Speaker 1: that means they have to stick with it. What's it?
Speaker 1: Raising rates? More rate increases, more restrictive monetary supply, more
Speaker 1: wealth destruction for you. That's what that means. So probably
Speaker 1: the next at least one, if not two meetings, we
Speaker 1: can expect a very aggressive FED, what we call a
Speaker 1: hawk ish FED. That happened. We see that as as
Speaker 1: headline and core CPI, So those are different numbers. Headline
Speaker 1: and corese CPI printed hotter than expected. Now, when you're
Speaker 1: putting out, when you when you have a goal you're
Speaker 1: hoping to bring inflation down, and then you set expectations
Speaker 1: or your your hope your business, you're hoping to make money,
Speaker 1: you set projections of how much money you can make. Um.
Speaker 1: When you don't meet those goals, that's bad. And they
Speaker 1: came in horder than expected, so the goal is to
Speaker 1: bring it down. Many analysts and the Federal Reserve had
Speaker 1: expected to be lower than it was, but it came
Speaker 1: in higher. So headline CPI, which is their average basket
Speaker 1: of prices rose four or zero point four per month
Speaker 1: over month, which was double their expectation. So it came
Speaker 1: in a hundred percent worse than what they expected, a
Speaker 1: hundred percent worse, not a little bit worse, double what
Speaker 1: they expected. And it's up eight point two percent year
Speaker 1: over year, which is hotter than it was last month.
Speaker 1: Now that's headline. Now they have course cp I, and
Speaker 1: this is what's a little bit interesting is core CPI
Speaker 1: is when you take out food and energy, which is
Speaker 1: a funny way to calculate it, because the two most
Speaker 1: important things that we need to stay alive as human
Speaker 1: beings is food and energy. I mean we can say
Speaker 1: the food is energy. Um, it's food is energy for
Speaker 1: our bodies, right, it's calories for our body, so food
Speaker 1: and energy. If we remove those, then we get core.
Speaker 1: So who cares about everything else? All we should care
Speaker 1: about is food and energy. But anyway, of course, CPI
Speaker 1: is up twenty eight straight months, swaring to a high
Speaker 1: of six point six percent increase year over year. It's
Speaker 1: the highest since August of two. Now, one thing to
Speaker 1: keep in mind about these inflation numbers going and up.
Speaker 1: The six point six percent over your six point six
Speaker 1: doesn't sound very bad, right, But this is a cumulative
Speaker 1: all right, So it was up. I don't have the
Speaker 1: data in front of me. It was up whatever called
Speaker 1: five percent last year, so it was a hundred dollars
Speaker 1: w U five hundred and five and goes up six
Speaker 1: six percent on the hundred and five. So this is
Speaker 1: the high inflation increase on top of an already high
Speaker 1: inflation increase. So they the numbers just keep getting bigger
Speaker 1: and bigger and bigger, which is why it keeps getting
Speaker 1: harder and harder and harder for you to live. Now,
Speaker 1: we see that services inflation continues to rise as good
Speaker 1: goods inflation slow. So what does that mean? So goods
Speaker 1: so like products, the goods inflation is slowing down a
Speaker 1: little bit, but the services inflation continues to rise. The
Speaker 1: services is because of your labor. Again, as I said,
Speaker 1: the fact that you make more money is a problem
Speaker 1: for the Federal Reserve, for the central banks. So we're
Speaker 1: seeing services people are getting paid too much money here
Speaker 1: and how getting paid too much money to live to
Speaker 1: keep your quality of life. But you're getting paid too
Speaker 1: much money for what the federal reserves intentions are. We
Speaker 1: can see that. Jumping back into the headline CPO, we
Speaker 1: can see that food inflation remains extremely high. Um we
Speaker 1: see that the owner's equivalent of rent also increased zero
Speaker 1: point eight percent over the month, is the largest monthly
Speaker 1: increase in that index since June of nine. So the
Speaker 1: rent increases going up. Shelter inflation went up six and
Speaker 1: a half percent, up from six and a quarter last month,
Speaker 1: and the highest on record. Rent inflation is up seven
Speaker 1: point two percent, up from six point seven four last month,
Speaker 1: the highest on record. CPI says that shelter index also
Speaker 1: rose six point six percent year over year. Now it's
Speaker 1: important to know this metric and this is a little
Speaker 1: bit of manipulation. So it went up six and a
Speaker 1: half percent, six point six percent ye over year, and
Speaker 1: this accounts for forty percent of the total increase of
Speaker 1: all items in the core, so excluding food and energy.
Speaker 1: But the thing that's also to understand is that this
Speaker 1: is a lagging indicator because rents are typically locked in,
Speaker 1: usually at least a year at a time, and so
Speaker 1: we don't see this until those rents get reset. You've
Speaker 1: got at least you've been there for two or three
Speaker 1: years at this low rate. Well, when you leave that
Speaker 1: lease and they signed somebody else, they raise those rents
Speaker 1: big time. They don't do it a lot of times
Speaker 1: if you're still there, or maybe they's do very small,
Speaker 1: but when you move out and they move somebody and
Speaker 1: you get a big increase. So you have to understand,
Speaker 1: these are really really lagging. These are these are really far.
Speaker 1: We also see that again as I said, uh, your
Speaker 1: wages going up is a big problem, and as what
Speaker 1: we've seen is that what's called real wages, real wages
Speaker 1: are lower for Americans for the eighteen straight month. Now,
Speaker 1: what are real wages? Real wages are when you adjusted
Speaker 1: for inflation. So that means that the increase in your
Speaker 1: wages is going going up slower than the cost of goods.
Speaker 1: So even though people are still getting paid more and
Speaker 1: more money because the prices of goods are going up
Speaker 1: so much faster, they're still falling behind. You're getting a
Speaker 1: pay raise, but your quality of life is still going down.
Speaker 1: That's basically what's happening there. Now a couple of things
Speaker 1: that I want to point out about this. Um. Like
Speaker 1: I said, even though you may be making more money,
Speaker 1: your quality of life is going down. And thanks to
Speaker 1: the Fed, thanks to the central banks, you're going to
Speaker 1: be able to I should say it differently, you're going
Speaker 1: to be forced to work more this year just to
Speaker 1: have the exact same quality of life that you had
Speaker 1: last year. So, Um, you don't get any improvement. You
Speaker 1: don't get any more stuff, you don't get any more
Speaker 1: time off, any more dinners, you don't get any more
Speaker 1: time with you FAMI, don't get any of that. But
Speaker 1: you're gotta work more. You got to give up more
Speaker 1: of your life. That's what's happening. It says here that
Speaker 1: real earnings again right, that's justice for inflation are falling,
Speaker 1: savings are following, and more people are taking on second
Speaker 1: jobs just to make ends meet. The central banks printing
Speaker 1: money causing prices to go up is literally stealing your life,
Speaker 1: your actual life, because now you have to go work
Speaker 1: more hours for the same exact quality of hours that
Speaker 1: you could spend with your kids. Hours you could spend
Speaker 1: with your wife so you don't get divorced, hours you
Speaker 1: can spend with your kids so they don't turn out
Speaker 1: to be crazy theretics, Hours that you could spend on
Speaker 1: your education so you could learn to make more money,
Speaker 1: hours you could spend on a new job, a side
Speaker 1: hustle so you could become financially independent. But nope, you
Speaker 1: can't spend any of that time. Now you are forced
Speaker 1: to go get a second job just to keep up
Speaker 1: with the same quality of life that you had before.
Speaker 1: So yes, you still feed your family, they just don't
Speaker 1: see you anymore. That's basically what the FED has done.
Speaker 1: And we can see this very easily because what we
Speaker 1: can see is that while the total jobs have shown
Speaker 1: strong growth, we can see the total number of employed
Speaker 1: persons has actually been coming down. So what does that mean.
Speaker 1: Don't worry, I'm gonna break it down for you. You're
Speaker 1: listening to the Markma Show explaining what's going on in
Speaker 1: the world to you I'll be back in a minute,
Speaker 1: so don't go away, be right back, all right, Welcome back.
Speaker 1: You are listening to the Mark Ma Show. We're talking
Speaker 1: about the decentralized revolution, the way the world is changing,
Speaker 1: and we look at it through the lens of politics, finance,
Speaker 1: and technology. Today we're talking about the financial side, the
Speaker 1: money side, and how the system that we know is
Speaker 1: coming to And I'm gonna I'm gonna put this into
Speaker 1: some terms that you can really understand what I'm starting
Speaker 1: to frame this up a little bit. But as as
Speaker 1: I was saying right before the break, my cliffhanger to
Speaker 1: keep you engaged was that, well, will it looks like
Speaker 1: the jobs are showing growth. We can see the total
Speaker 1: number of employed persons has been flat, all right, so
Speaker 1: what does that mean. That means that the job growth
Speaker 1: that we've seen it's really just a matter of people
Speaker 1: working a second job, That's what it means. So the
Speaker 1: job growth looks good, but the people but more. But
Speaker 1: we don't have more people working as a matter of
Speaker 1: While the unemployment data looks good, um, if you dig
Speaker 1: a little bit deeper, it's not that good. So we
Speaker 1: have something called um uh man. Now I'm gonna blake.
Speaker 1: It's the job participation rate. So while the job participation
Speaker 1: rate looks at all the people that are eligible to
Speaker 1: work and how many of them are actually working or
Speaker 1: looking for a job, the unemployment data only looks at
Speaker 1: people who are actually looking for a job. But as
Speaker 1: more and more people just give up and I'll just
Speaker 1: live on welfare, then it doesn't count those people anymore.
Speaker 1: So we're seeing the job participation rate is falling like
Speaker 1: a rock. And what we can see CNBC said that
Speaker 1: nearly seventy percent of Americans are looking for extra work
Speaker 1: to combat inflation. Seven out of ten Americans are looking
Speaker 1: for extra work to combat inflation thanks to the FED.
Speaker 1: Thank you, Fed, appreciate that. Everybody like that. That's the
Speaker 1: central bank. That's what you get for having a central
Speaker 1: bank that manages the the amount of money in the system.
Speaker 1: It's insane. It's insane. Now, I'll just bring your attention back.
Speaker 1: In Karl Marxi's Communist Manifesto, he lays out ten points
Speaker 1: of communism. Now, I know a lot of people say
Speaker 1: that all these high prices are because of capitalism. It's
Speaker 1: capitalism's fault. Capitalism has run crazy. Capitalism has led to
Speaker 1: all these big um greedy oil companies that charge too
Speaker 1: much money, in these greedy gas stations that make too
Speaker 1: much on their gas, and greedy food companies, and all
Speaker 1: this capitalism has ruined everything. But in Karl Marx's Communist Manifesto,
Speaker 1: he lays out ten points of communism. In order to
Speaker 1: get communism in a country, in a nation, there's ten
Speaker 1: things that have to be there. Number five the creation
Speaker 1: of a central bank. A central bank is communist. It's
Speaker 1: not a capitalist. It's communism that is causing this. It's
Speaker 1: the central bankers communism that trying to control the money
Speaker 1: by printing more money. By creating more money, it pushes
Speaker 1: down a devalues that money, so now it takes more
Speaker 1: money to buy the same things that did before, which
Speaker 1: means now you have to work more than you did before.
Speaker 1: And now seventy of Americans are looking for extra work
Speaker 1: to combat inflation thanks to the FED, thanks to the
Speaker 1: central banks. It's not capitalism, it's communism. They say that
Speaker 1: already eighty five percent of Americans said that they've changed
Speaker 1: their spending habits. They've had to lower their quality of life. Now,
Speaker 1: instead of buying steak once a week, they just eat
Speaker 1: hamburger meat instead of hamburger meat. Maybe they're eating spam
Speaker 1: out of a can. I don't know, but they've had
Speaker 1: to change their spending habits due to inflation. Seventy say
Speaker 1: it's impacted the way they view their job. Fifty seven
Speaker 1: percent have sought out new or additional roles in the
Speaker 1: past year, meaning they need second jobs. CBS said that
Speaker 1: a US inflation as US inflation is racing ahead of
Speaker 1: worker wages, meaning your weights are keeping up. A growing
Speaker 1: number of Americans are taking second jobs to make ends meet.
Speaker 1: We already know that the data tells us that this
Speaker 1: is the American dream the Federal Reserve has given you.
Speaker 1: This is the new American dream the Federals are the
Speaker 1: Central Bank promises you. We were warned by our founding fathers,
Speaker 1: many many, many warnings from Thomas Jefferson and UM and
Speaker 1: many others that warned us that central banks would be
Speaker 1: more dangerous than standing armies, that the central banks would
Speaker 1: leave us Americans broken, penniless on the continent that our
Speaker 1: forefathers gave us. Central bankers are stake at all, They
Speaker 1: steal it all. And you can't afford that this is
Speaker 1: the American dream that FED has given you. What is
Speaker 1: that American dream? Well, the American dream that you you
Speaker 1: get to work more jobs, you get to work longer hours,
Speaker 1: you get to keep paying those bills that are growing
Speaker 1: faster than you can keep your head above water. That's
Speaker 1: the dream they give you. It's not a dream, I like,
Speaker 1: it's not a dream. It's more like a nightmare to me.
Speaker 1: I think what most people want is they would like
Speaker 1: to work less hours. They would like to spend more
Speaker 1: time with their kids. They would like to spend more
Speaker 1: time with their with their husband or wife. They would
Speaker 1: like to be able to, you know, learn new things,
Speaker 1: try new things, pick up a hobby. That's what most
Speaker 1: people want. That's the American dream. Provide for my family, right,
Speaker 1: have those nice things, but not thanks to the central
Speaker 1: bank that wants to create keep creating money out of
Speaker 1: thin air. Not thanks to them. Now, what is this
Speaker 1: all telling us, Well, we're seeing that job openings are falling.
Speaker 1: As a matter of fact, um they fell to a
Speaker 1: fourteenth month low in August. The economy is getting crushed.
Speaker 1: The US economy is finally experiencing what was already in
Speaker 1: the cards in late nineteen And what is that a recession,
Speaker 1: probably a depression is what we're on our way into. Um,
Speaker 1: this was staved off because the Federal Reserve and the
Speaker 1: central banks print printed trillions and trillions and trillions of dollars.
Speaker 1: They've fired up the money printers to keep it um
Speaker 1: temporarily going right there, kicking it down the road. And
Speaker 1: so now instead of a recession, we might have a depression.
Speaker 1: And on top of a depression, we also have prices
Speaker 1: at forty year highs. And like I said, the Federal
Speaker 1: Reserve is the cause of all this. Now talking about
Speaker 1: rents real quick, and just to tell you that what
Speaker 1: you see is not what you get. So yeah, they say,
Speaker 1: um that the shelter index rose six point six percent,
Speaker 1: it went up, but remember that that shelter index um
Speaker 1: accounts for forty pc of that basket. So if it
Speaker 1: went up eight percent instead of six percent, it really
Speaker 1: moves that needle because it's of the basket which is big, right,
Speaker 1: And I said that one of six six pc. But
Speaker 1: per rent dot Com, they updated the numbers on the fifteen,
Speaker 1: so I don't have the October numbers as of November fifteen,
Speaker 1: and what we can see as of November, excuse me.
Speaker 1: As of November, a two bedroom unit UM in the
Speaker 1: United States nationally went up twenty three and a half percent,
Speaker 1: and a one bedroom unit went up twenty seven year
Speaker 1: over year. So UM they say the BLS as it
Speaker 1: went up six percent six and a half percent, six
Speaker 1: point six percent to be exact. UM. Rent dot Com
Speaker 1: says it went up by for one bedroom and twenty
Speaker 1: three percent for a two bedroom. Now, which one is
Speaker 1: more accurate? How does the BLS get the data? Oh,
Speaker 1: they do a poll. They call a couple homeowners and say, oh,
Speaker 1: you know, what do you think you could rent your
Speaker 1: house for? Like that homeowner knows the homeowner doesn't rent
Speaker 1: the house, they live it. They're probably not real estate professionals.
Speaker 1: And how many people do they call on how many
Speaker 1: different markets? I'm thinking rent dot Com probably has better
Speaker 1: data they pull from the entire nation because you know,
Speaker 1: we do have like an MLS database that they can
Speaker 1: pull it from. UM and so I think that number
Speaker 1: is much more accurate. Now, if it went from rental
Speaker 1: colms that's now this is four September UM, if it
Speaker 1: went up instead of six point six percent, went to
Speaker 1: and it makes percent of the basket, what does that
Speaker 1: due to the numbers. Blows them out. It blows them out, big, big,
Speaker 1: big deal. Now, let's put this into some numbers that
Speaker 1: you can actually understand, and I want to show you
Speaker 1: what this means to you over a long period of time.
Speaker 1: All right. So, um, like I said, uh, just that
Speaker 1: just this week when those numbers came out, it crashed
Speaker 1: the stock market. As a matter of fact, that Dow
Speaker 1: dropped five hundred points, which is the really big move
Speaker 1: off of that. Bitcoin dropped, everything dropped off of that,
Speaker 1: a sea of red across my screen of tickers. All right,
Speaker 1: but look, we're only in probably the first stage of
Speaker 1: what's probably gonna be a multi stage disaster. It's kind
Speaker 1: of like, um, you know up here we have like
Speaker 1: these mountain passes in the wintertime, and like you get
Speaker 1: this this crazy fog and um, you can't see and
Speaker 1: so you start getting this pile up, and then more cars,
Speaker 1: more cars, more cars, and it starts this pilot. But
Speaker 1: it's probably something like that. We have this bubble, this massive,
Speaker 1: massive bubble that's been created by the Central Bank, by
Speaker 1: green Span Bernankee Jannet Yellen, who's still around now, j
Speaker 1: Pal And that's what's caused the consumer price inflation. But
Speaker 1: I want to show you what this means to you
Speaker 1: and your investments in your retirement account over a long
Speaker 1: period time, and why your strategy that you're having right
Speaker 1: now probably is not going to work. You don't want
Speaker 1: to miss this. You're listening to the Mark Mos Show.
Speaker 1: I'm gonna explain all this to you and more. You
Speaker 1: don't want to miss it. It has to do with
Speaker 1: your retirement account. So I'll be right back. Don't go away,
Speaker 1: all right, Welcome back. You're listening to the Mark Mas Show.
Speaker 1: We talked about the decentralized Revolution, talking about the way
Speaker 1: the world is changing from a world of centralization, central planners,
Speaker 1: central banks, and move moving to a world of decentralization
Speaker 1: like no central banks, where we can be our own bank.
Speaker 1: And so we're talking about it. We look out through
Speaker 1: the lens of politics, finance, and technology. Today's specifically talking
Speaker 1: about the finance because the financial system that we have
Speaker 1: is breaking down. And I've been explaining a lot. If
Speaker 1: you've missed it, I'm not gonna go back and cover it,
Speaker 1: but I am going to tell you right now what
Speaker 1: this means to you, right now, what it means to
Speaker 1: your retirement account, what it means to your investing that
Speaker 1: you're doing so you can retire one day, And why
Speaker 1: if you don't learn to look at this differently, it's
Speaker 1: not going to be good for you. So this bubble
Speaker 1: that we have, it's created by the central banks. They're
Speaker 1: still in your life. I've covered all that um our
Speaker 1: central bank leaders, good old Alan Green's band and you
Speaker 1: know Ben Bernanke and yes Janet Yellen who's still around
Speaker 1: today creating disastrous policies. And she says, we didn't know
Speaker 1: there was going to be inflation. J Powell. They're the
Speaker 1: ones that cause the inflation. And like I said, we've
Speaker 1: been we've been breaking it down what these numbers show
Speaker 1: us this week. But let's look at what's happening now
Speaker 1: off of this and let get some perspective. So the
Speaker 1: inflation numbers that we're seeing, they guarantee us now that
Speaker 1: we're gonna have to stay in this deflationary stage of
Speaker 1: this disaster for a while. Like I said, we're probably
Speaker 1: in stage one of a multi stage event. Right. They're
Speaker 1: gonna stay in this because, as your own Pala said,
Speaker 1: we're gonna stick with it until it's done. Stick with
Speaker 1: what crushing demand. So they're gonna stick with that for
Speaker 1: a little bit longer, and they're gonna stay with it
Speaker 1: until something happens. Um, everyone's waiting for the pivot, And
Speaker 1: the pivot will come. But when will it be, Well,
Speaker 1: it's going to be when something breaks. What is going
Speaker 1: to break the liquidity in the system. Most likely it's
Speaker 1: going to be in the debt markets, in the bond markets,
Speaker 1: all right. Um, it could be a major pension fund
Speaker 1: that could blow up like we saw over and in
Speaker 1: the UK and the Bank of England, the bo you
Speaker 1: had to step in and bail them out. So it
Speaker 1: could be a major pension fund like CalPERS Coppers has
Speaker 1: a half a trillion and ask sets. That'd be pretty bad.
Speaker 1: It could be a Wall Street finance house like black Rock.
Speaker 1: Black Rock has a eight you know, eight and a
Speaker 1: half trillions in assets. Could be some you know, big corporations,
Speaker 1: too big to fail kind of a thing like that.
Speaker 1: But what we do know is the longer the FED
Speaker 1: stays on this course, sticking with it um to try
Speaker 1: to get rid of inflation by crushing demand, the closer
Speaker 1: we're gonna get to a pivot. All right. We don't
Speaker 1: know exactly when, but we have we have some ideas.
Speaker 1: Now most people think that this pivot's goin to happen
Speaker 1: and things go back to normal. What's normal, Well, um markets,
Speaker 1: you know, asset prices going up and inflation subdue. They
Speaker 1: think that they they think the FED can get get
Speaker 1: the inflation under control and then we can get prices
Speaker 1: to go back up. But I think there's a big
Speaker 1: difference with how young people look at the situation versus
Speaker 1: how older people do. When I say younger, I'm talking
Speaker 1: about anybody under sixty. And the reason why I'm saying
Speaker 1: anyone under sixty because anyone in our sixty has no
Speaker 1: recollection of what the financial world was like before. Now
Speaker 1: I do, I study history, but I didn't live through it.
Speaker 1: But anyone under sixty really has no idea, and so
Speaker 1: what they think as normal isn't really normal. As a
Speaker 1: matter of fact, there was nothing normal about the period.
Speaker 1: Is it normal for stock prices to go up by
Speaker 1: thirty six times? Is it normal for real bond yields
Speaker 1: the debt to start at teams the amount of interest
Speaker 1: the debt down to zero? Is it is it normal
Speaker 1: to increase debt and have no interest expense. Is it
Speaker 1: normal for the federal government to multiply its debt by
Speaker 1: thirty times, because that's what we've seen, So we're gonna
Speaker 1: go back to normal. Is that normal? Certainly not normal.
Speaker 1: It was a it was an anomaly in time. Now, Uh,
Speaker 1: this anomaly has created massive distortions in the market, like
Speaker 1: all these zombie corporations. Zombie corporations are corporations that don't
Speaker 1: make enough money to even pay their debt. Um the
Speaker 1: rise of n f T s and these JPEGs that
Speaker 1: are of apes that are in like eight bit um
Speaker 1: you know, graphic format to go for you know, hundreds
Speaker 1: of millions of dollars valuation, billions of dollar valuations for
Speaker 1: companies that have no way to earn money or ever
Speaker 1: pay that back. That's what we've been seeing. Now. Most
Speaker 1: people in this thinking this periods of normals that stocks
Speaker 1: always go up over the long run. Right, Yeah, there
Speaker 1: sell offs, but if we buy the dip and we
Speaker 1: wait long enough, things are gonna work out. And so
Speaker 1: all we have to do is have a balance portfolio
Speaker 1: of stocks and bonds. Right, that's what your financial advisors
Speaker 1: telling you. And if your financial advisors telling you that
Speaker 1: you better watch out because they're wrong. Now maybe they're right. Yes,
Speaker 1: things in the long term, in the long run, they
Speaker 1: always pay off, but maybe not in your lifetime. And
Speaker 1: of course you want it for your lifetime, right, so
Speaker 1: maybe not in your lifetime. Let's look at it terms.
Speaker 1: We can see that, you know, the pound, the pound
Speaker 1: sterling's crashing on the dollar, the Turkish lira's crashing on
Speaker 1: the dollar, um, the euros crashed, you know, down on
Speaker 1: the dollar, ty the dollar, but the dollar strong, right,
Speaker 1: Look at the dixie, it's going up. How do we
Speaker 1: see the dollar going down? What we see the dollars
Speaker 1: crash sixty to the SMP five hundred. But if we
Speaker 1: look at it in terms of gold, gold is kind
Speaker 1: of what what real money is. Money's gold has been
Speaker 1: money for five thousand years. So let's look at it
Speaker 1: in terms of price of gold. If you bought stocks
Speaker 1: in the late nineteen twenties, you would have gotten all
Speaker 1: thirty dolls stocks in exchange for sixteen ounces of gold.
Speaker 1: Then by nineteen thirty three, about thirteen years later, you
Speaker 1: would have lost nine percent of your money. Thirty doll stocks,
Speaker 1: all of them for sixteen ounces of gold. You would
Speaker 1: have lost your money, and you would have had to
Speaker 1: wait for twenty six years just to get back to even. Now,
Speaker 1: what if you were trying to retire in those twenty
Speaker 1: six years, it would have been very difficult. Same thing
Speaker 1: in the nineteen sixties. Um. Now, in the nineteen sixties,
Speaker 1: your your financial advisor would have said, just stay in
Speaker 1: the market, don't don't try to time the market. Um,
Speaker 1: it's time in the market. All you gotta do is
Speaker 1: just buy good companies and just hang on. Right. So,
Speaker 1: if you own stocks in the mid sixties, your thirty
Speaker 1: doll stocks would have been worth as much as twenty
Speaker 1: four ounces of gold. That's pretty good. But but then
Speaker 1: as it started dropping. It took fifteen years for the
Speaker 1: market to hit a bottom in nineteen eighty, and you
Speaker 1: would have been down nine three m ninety three percent.
Speaker 1: I can't afford to be down like that. I'm trying
Speaker 1: to retire. Then you would have had to wait another
Speaker 1: seventeen years just to get back to break even. If
Speaker 1: you'd bought stocks at age forty in nineteen sixty five,
Speaker 1: you'd be seventy two years old in nineteen seven with
Speaker 1: not a penny of profit or gain to show for it.
Speaker 1: If you followed your broker's advice and stuck with the program.
Speaker 1: Today you'd be ninety seven years old and instead of
Speaker 1: stocks worth twenty frances of gold as they were in
Speaker 1: they'd be worth just seventeen ounces. So congratulations, your stocks
Speaker 1: lost thirty percent of the value over the last fifty
Speaker 1: seven years when priced in real money. And what's even
Speaker 1: more crazy is this year, uh or this week. The
Speaker 1: architect of this, Ben Bernacki, who basically created this crisis
Speaker 1: by creating this quewie monster that's pushes into the biggest
Speaker 1: bubble we've ever seen in history, was just given the
Speaker 1: Nobel Prize in Economics as some sort of like a
Speaker 1: twisted joke, just to kick us in the in the gut.
Speaker 1: So um he He was given the Nobel piece Economics
Speaker 1: Prize for his groundbreaking research on banks and financial crisis.
Speaker 1: It says that how he managed the financial crisis was
Speaker 1: better thanks to his research. They demonstrated the importance of
Speaker 1: preventing widespread bank collapses. All he did was engineer a
Speaker 1: way to make it bigger and worse in the future.
Speaker 1: He prevented it at the time, although millions of people
Speaker 1: still lost everything. Millions of people lost all their homes.
Speaker 1: But all he did was make the problem bigger and
Speaker 1: worse just down the road. And now we're paying for this.
Speaker 1: So now that we know what problems he's caused, it's
Speaker 1: insane to think that they would give him a Nobel Prize.
Speaker 1: But I think the double prize is ruined anyway, right,
Speaker 1: I mean, what's the Nobel prize? Anyway? President Obama got
Speaker 1: the Nobel Peace Prize, which is pretty interesting Nobel. He
Speaker 1: got the Nobel Peace Prize after he dropped twenty six thousand,
Speaker 1: one seventy one bombs just in the year of alone.
Speaker 1: As a matter of fact, um he dropped three bombs
Speaker 1: every hour, twenty four hours a day. He dropped the
Speaker 1: bomb every twenty minutes and still got a Peace Prize
Speaker 1: for that. So I guess what are the Nobel Prize
Speaker 1: is worth? Anyway? They give it to Obama for dropping bombs,
Speaker 1: they give it to Bernaki for making the bubble bigger
Speaker 1: and worse than that's ever been. But it's the Federal
Speaker 1: Reserve that is giving you the American dream that you
Speaker 1: never wanted and stealing your life. It's Communist point number
Speaker 1: five in the Communist Manifesto. Understand what we're doing here.
Speaker 1: You're listening to the Markmas Show. We're talking about the
Speaker 1: decentralized revolution, that the period that we know is coming
Speaker 1: to an end and we are moving into a decentralized world.
Speaker 1: That's what I got for today. I know it was
Speaker 1: a lot. Hopefully enjoyed it and thanks for listening.