1 00:00:00,080 --> 00:00:03,360 Speaker 1: Hey, everyone, Welcome to another episode of The Mark Moss Show, 2 00:00:03,400 --> 00:00:06,880 Speaker 1: where we are discussing all the things that are happening 3 00:00:06,880 --> 00:00:08,719 Speaker 1: in the world today, trying to make sense of it, 4 00:00:08,880 --> 00:00:11,080 Speaker 1: trying to bring some clarity. Of course, I'm talking about 5 00:00:11,680 --> 00:00:15,560 Speaker 1: the decentralized revolution. That is, it's a revolution is changing 6 00:00:15,560 --> 00:00:19,520 Speaker 1: the world. We're talking about the intersection of politics, finance, 7 00:00:19,960 --> 00:00:25,119 Speaker 1: and technology and how those three things converging right now 8 00:00:25,160 --> 00:00:28,040 Speaker 1: are changing the world as we know it. Of course, 9 00:00:28,080 --> 00:00:32,000 Speaker 1: we're talking about bitcoin being the catalyst for this decentralized revolution. 10 00:00:32,320 --> 00:00:34,159 Speaker 1: You know, when we look back throughout history, we can 11 00:00:34,200 --> 00:00:37,839 Speaker 1: see that the big what we call mega political events 12 00:00:37,880 --> 00:00:41,240 Speaker 1: that change the world literally change it from a feudal 13 00:00:41,280 --> 00:00:44,559 Speaker 1: system to a capitalist system. You know, on and on 14 00:00:44,640 --> 00:00:48,520 Speaker 1: and on. The way that we've centralized around um countries 15 00:00:48,520 --> 00:00:51,760 Speaker 1: and cities and factories. All of these things have to 16 00:00:51,800 --> 00:00:53,800 Speaker 1: do with technology because it changes the way that we 17 00:00:54,240 --> 00:00:57,720 Speaker 1: communicate and we organize, we work, etcetera. And so you 18 00:00:57,760 --> 00:01:00,240 Speaker 1: have to understand these three things together. I've been talking 19 00:01:00,240 --> 00:01:03,520 Speaker 1: about for about a year and about a year on 20 00:01:03,560 --> 00:01:06,320 Speaker 1: this big thesis. I'm actually writing a book for it. 21 00:01:06,319 --> 00:01:10,119 Speaker 1: It'll be out one day someday soon. Um, but I'm 22 00:01:10,120 --> 00:01:13,520 Speaker 1: talking about these three converging cycles. So there's a two 23 00:01:13,959 --> 00:01:18,120 Speaker 1: fifty year political revolution cycle and eighty year financial revolution 24 00:01:18,160 --> 00:01:21,880 Speaker 1: cycle in a fifty year technological revolution cycle, and all 25 00:01:22,080 --> 00:01:25,000 Speaker 1: three of those are converging right now, which is why 26 00:01:25,040 --> 00:01:27,360 Speaker 1: the world seems like it's going so crazy. If you 27 00:01:27,440 --> 00:01:31,280 Speaker 1: understand those three things, then you can understand what's going 28 00:01:31,319 --> 00:01:34,080 Speaker 1: on right now a little bit better, and more importantly, 29 00:01:34,200 --> 00:01:37,640 Speaker 1: where the future is going now. Um, while a lot 30 00:01:37,680 --> 00:01:39,360 Speaker 1: of stuff we talk about, or I should say I 31 00:01:39,400 --> 00:01:42,039 Speaker 1: talk about if you watch my YouTube channel or listen 32 00:01:42,120 --> 00:01:45,600 Speaker 1: to me on on the radio here in the podcast, UM, 33 00:01:45,720 --> 00:01:49,040 Speaker 1: maybe it sounds like doom and gloom because there's a 34 00:01:49,040 --> 00:01:51,920 Speaker 1: lot of bad things going on in the world today, 35 00:01:52,400 --> 00:01:54,320 Speaker 1: But that doesn't mean I am a doom and gloomer. 36 00:01:54,320 --> 00:01:56,840 Speaker 1: As a matter of fact, I have massive hope for 37 00:01:56,920 --> 00:01:59,320 Speaker 1: the future. I have massive hope for my kids future, 38 00:01:59,440 --> 00:02:02,160 Speaker 1: my grandkids future, um that I'll have one day. I'm 39 00:02:02,200 --> 00:02:05,080 Speaker 1: not that old yet, but but it is. It is 40 00:02:05,120 --> 00:02:06,920 Speaker 1: full of doom and gloom, and UM, it's important to 41 00:02:06,960 --> 00:02:12,360 Speaker 1: understand what's going on in context because the future still 42 00:02:12,480 --> 00:02:14,600 Speaker 1: not written, and so it's up to us to understand 43 00:02:14,639 --> 00:02:16,079 Speaker 1: what's going on. So we can affect the change and 44 00:02:16,120 --> 00:02:17,919 Speaker 1: we can get the future that we want. And so 45 00:02:18,040 --> 00:02:20,280 Speaker 1: that's why I talk about these things every single day. 46 00:02:21,800 --> 00:02:26,840 Speaker 1: My my motivating factor is taken from a quote by 47 00:02:26,960 --> 00:02:30,240 Speaker 1: one of our founding fathers, Samuel Adams, and he said 48 00:02:30,280 --> 00:02:33,760 Speaker 1: that it does not take a majority to prevail, but 49 00:02:34,000 --> 00:02:40,240 Speaker 1: rather a small, irate minority keen on setting brush fires 50 00:02:40,280 --> 00:02:43,600 Speaker 1: in the minds of men. And so that's what I'm doing. 51 00:02:43,680 --> 00:02:45,240 Speaker 1: I'm trying to put out as much content as I 52 00:02:45,280 --> 00:02:47,400 Speaker 1: can to continue to light these brush fires in the 53 00:02:47,480 --> 00:02:50,400 Speaker 1: minds of men that you may continue to spread these 54 00:02:50,440 --> 00:02:53,560 Speaker 1: brush fires onto other people. And so if you're not 55 00:02:53,680 --> 00:02:56,800 Speaker 1: already tuning in every week, I encourage you to do that. 56 00:02:56,840 --> 00:02:58,400 Speaker 1: If you're not driving, pull out your phone right now, 57 00:02:58,440 --> 00:03:00,760 Speaker 1: put a calendar reminder for this date, this time, this channel, 58 00:03:01,040 --> 00:03:03,520 Speaker 1: and make sure to tune in with me each end 59 00:03:03,560 --> 00:03:05,840 Speaker 1: every week. And if you miss me, don't worry. I 60 00:03:05,880 --> 00:03:09,280 Speaker 1: got you covered. Just search Mark Moss podcast, Mark Moss 61 00:03:09,280 --> 00:03:11,960 Speaker 1: I Heart, and you can find my podcast and you 62 00:03:11,960 --> 00:03:14,840 Speaker 1: can catch up there. Um. Of course I'm on YouTube. 63 00:03:14,880 --> 00:03:16,720 Speaker 1: You can search Mark Moss on YouTube and of course 64 00:03:16,800 --> 00:03:19,320 Speaker 1: on Twitter. I'm I'm too active. I shouldn't be as 65 00:03:19,320 --> 00:03:20,720 Speaker 1: active as I am on there. You can find me 66 00:03:20,760 --> 00:03:23,520 Speaker 1: there at the number one just at one, Mark Moss 67 00:03:24,520 --> 00:03:26,960 Speaker 1: and uh at me, send me a message, let me 68 00:03:26,960 --> 00:03:28,959 Speaker 1: know you heard me on the radio. Some of your questions. 69 00:03:28,960 --> 00:03:31,720 Speaker 1: I'll make sure to get back to you on that. 70 00:03:32,320 --> 00:03:34,120 Speaker 1: UM and if you'd like to hang out in person, 71 00:03:34,240 --> 00:03:36,440 Speaker 1: I'm going to be at the Bitcoin Conference coming up 72 00:03:36,480 --> 00:03:39,720 Speaker 1: in um in April. That's gonna be in Miami, and 73 00:03:39,760 --> 00:03:42,360 Speaker 1: then I'm also going to be at my own conference 74 00:03:42,360 --> 00:03:45,160 Speaker 1: called Market Disruptors Live, and that's going to be in 75 00:03:45,280 --> 00:03:48,760 Speaker 1: May in Dallas market Disruptors Live dot com. If you 76 00:03:48,800 --> 00:03:51,800 Speaker 1: want to hang out in person, I'd love to meet 77 00:03:51,840 --> 00:03:54,440 Speaker 1: you in person. Uh. You know, I've been talking to 78 00:03:54,480 --> 00:03:57,720 Speaker 1: a camera for so long. I'm talking to this microphone 79 00:03:58,160 --> 00:04:00,320 Speaker 1: for so long, and it's great to meet the people 80 00:04:00,360 --> 00:04:03,080 Speaker 1: that are on the receiving end of this content. Uh So, man, 81 00:04:03,120 --> 00:04:04,280 Speaker 1: I'd love to meet you. Come out to one of 82 00:04:04,320 --> 00:04:07,840 Speaker 1: those events marketstucts Live dot com or the Bitcoin Conference. UM, 83 00:04:08,280 --> 00:04:10,360 Speaker 1: shake my hand and tell me what you think about 84 00:04:10,360 --> 00:04:12,560 Speaker 1: the content. I'd love to hear or like I said, 85 00:04:12,600 --> 00:04:14,520 Speaker 1: at me on Twitter, but I want to cover some 86 00:04:14,520 --> 00:04:16,159 Speaker 1: stuff today. I got a lot of ground to cover. 87 00:04:16,240 --> 00:04:20,200 Speaker 1: So um. Some big things. A couple of things. One UM, 88 00:04:20,240 --> 00:04:23,200 Speaker 1: I want to talk about inflation. I know I've been 89 00:04:23,200 --> 00:04:25,120 Speaker 1: talking about it a long time. I get it you've 90 00:04:25,120 --> 00:04:27,680 Speaker 1: probably heard a lot about it. But I'm guessing what 91 00:04:27,800 --> 00:04:31,760 Speaker 1: you've heard is probably not right. On my YouTube channel, 92 00:04:31,800 --> 00:04:33,680 Speaker 1: I say that I'm trying to change the way you 93 00:04:33,760 --> 00:04:38,679 Speaker 1: think about money because almost everything you've learned is wrong. 94 00:04:39,640 --> 00:04:41,480 Speaker 1: And so I saw some disturbing things this week. We're 95 00:04:41,480 --> 00:04:45,479 Speaker 1: gonna get into, um, a bunch of TikTok people talking 96 00:04:45,520 --> 00:04:50,520 Speaker 1: about it completely wrong, and even President Joe Biden's got 97 00:04:50,520 --> 00:04:52,960 Speaker 1: it completely wrong. And so I want to bring some 98 00:04:53,000 --> 00:04:54,960 Speaker 1: perspective to that. I want to talk about the real 99 00:04:55,040 --> 00:04:57,839 Speaker 1: cause and effect. I want to talk about what inflation 100 00:04:57,880 --> 00:05:00,320 Speaker 1: really is, because everything you've been told about that is wrong. 101 00:05:00,400 --> 00:05:03,320 Speaker 1: It's a lie. Um so um. When you're getting bad data, 102 00:05:03,400 --> 00:05:05,480 Speaker 1: then it leads to you making bad decisions. I want 103 00:05:05,480 --> 00:05:07,400 Speaker 1: to clear that up. I want to talk about the FED. 104 00:05:07,560 --> 00:05:12,159 Speaker 1: Can they stop inflation? Uh? They have a plan, will 105 00:05:12,160 --> 00:05:15,200 Speaker 1: it work? We'll talk about that, and then Uh, I 106 00:05:15,240 --> 00:05:17,559 Speaker 1: want to I have some some data. I got some 107 00:05:17,560 --> 00:05:19,839 Speaker 1: some actual numbers that I'm gonna I'm gonna lay on 108 00:05:19,880 --> 00:05:23,560 Speaker 1: you to break this down. Um, as my research analyst 109 00:05:23,680 --> 00:05:26,320 Speaker 1: Luke calls out, I'm gonna bring the receipts. I'm gonna 110 00:05:26,360 --> 00:05:28,640 Speaker 1: show you the facts here in this case, not show 111 00:05:28,680 --> 00:05:30,160 Speaker 1: them too, but I'll tell you. I'll tell them to 112 00:05:30,160 --> 00:05:32,600 Speaker 1: you over the over the over the radio here. UM. 113 00:05:32,680 --> 00:05:35,600 Speaker 1: So a couple of things. UM. Like I said, inflation, 114 00:05:35,680 --> 00:05:38,679 Speaker 1: inflation is raging on. UM, it's not a big surprise 115 00:05:38,680 --> 00:05:40,000 Speaker 1: at this point, right, We've been talking about it for 116 00:05:40,040 --> 00:05:42,920 Speaker 1: over a year. UM. This week, this last week, I 117 00:05:42,960 --> 00:05:46,200 Speaker 1: saw Tucker Carlson on Fox News. UM ran A ran 118 00:05:46,279 --> 00:05:50,600 Speaker 1: an episode called Inflation Nation, and I think that episode 119 00:05:50,640 --> 00:05:54,279 Speaker 1: had like three million views already. It's amazing that this 120 00:05:54,440 --> 00:05:56,240 Speaker 1: these types of topics are getting to that big of 121 00:05:56,279 --> 00:05:58,279 Speaker 1: an audience. And that's one of the things that encourages 122 00:05:58,360 --> 00:06:01,400 Speaker 1: me back to these lighting brush fires. Right, UM, three 123 00:06:01,400 --> 00:06:04,600 Speaker 1: million people watch that video and woke up to these facts. UM. 124 00:06:04,600 --> 00:06:06,599 Speaker 1: I'm gonna continue to spread them and hopefully you'll continue 125 00:06:06,600 --> 00:06:09,279 Speaker 1: to pass those on. Let's continue to spread these brush fires. 126 00:06:09,320 --> 00:06:12,159 Speaker 1: But UM, this inflation Nation, it's it's not new, but 127 00:06:12,240 --> 00:06:15,680 Speaker 1: we were told that when inflation was at like four Well, 128 00:06:15,720 --> 00:06:17,279 Speaker 1: first of all, if we go back, you know, a 129 00:06:17,400 --> 00:06:19,320 Speaker 1: year and a half ago, two years ago, we had 130 00:06:19,400 --> 00:06:23,080 Speaker 1: no inflation. We we the Fed couldn't get enough inflation. 131 00:06:23,480 --> 00:06:25,600 Speaker 1: As a matter of fact, inflation was like one percent, 132 00:06:25,720 --> 00:06:27,839 Speaker 1: one and a half percent, and we're just trying to 133 00:06:27,880 --> 00:06:32,039 Speaker 1: get more inflation, supposedly, was the thing. Um, and then um, 134 00:06:32,240 --> 00:06:35,520 Speaker 1: we started getting up to three four percent inflation. And 135 00:06:35,560 --> 00:06:39,680 Speaker 1: then the story changed to it's transitory. You remember that 136 00:06:39,760 --> 00:06:42,320 Speaker 1: it's transitory. What does that mean. Well, it's here, but 137 00:06:42,360 --> 00:06:45,600 Speaker 1: it's it's gonna go away, all right, So then it's transitory. 138 00:06:45,800 --> 00:06:48,479 Speaker 1: Now this is the this is the Federal Reserve, the 139 00:06:48,480 --> 00:06:52,520 Speaker 1: Central Bank of US. This was the Biden administration. Jen Sakis, 140 00:06:52,560 --> 00:06:57,720 Speaker 1: Press Secretary. It was the media all claiming that inflation 141 00:06:58,000 --> 00:07:01,040 Speaker 1: was transitory. And that was over a year ago. Okay, 142 00:07:01,120 --> 00:07:03,039 Speaker 1: So they were admitting that it was here, that we 143 00:07:03,080 --> 00:07:07,960 Speaker 1: had inflation, but it would go away. Then they pivoted to, well, 144 00:07:09,160 --> 00:07:12,040 Speaker 1: maybe it's not transitory. Maybe it's here. So now it's 145 00:07:12,040 --> 00:07:13,720 Speaker 1: a problem and it's not going to go away. Now 146 00:07:13,720 --> 00:07:18,880 Speaker 1: it's persistent. And again this was the Biden White House administration. 147 00:07:19,080 --> 00:07:22,720 Speaker 1: Jen Saki, this was the Federal Reserve. This was the 148 00:07:22,800 --> 00:07:26,000 Speaker 1: media all telling you, okay, it's not just transitory. It's 149 00:07:26,000 --> 00:07:30,040 Speaker 1: here to stay. And then the Fed actually came out 150 00:07:30,040 --> 00:07:32,120 Speaker 1: and said, okay, shoot, we had a we had a 151 00:07:32,160 --> 00:07:34,600 Speaker 1: serious problem with inflation, and now we're going to do 152 00:07:34,720 --> 00:07:37,600 Speaker 1: something about it. So we are going to do two things. 153 00:07:38,240 --> 00:07:41,920 Speaker 1: One we're going to start raising interest rates, and two 154 00:07:42,200 --> 00:07:45,640 Speaker 1: we're going to start tapering the amount of bond buying, 155 00:07:45,680 --> 00:07:47,840 Speaker 1: the amount of bond purchasing, or the amount of money 156 00:07:47,920 --> 00:07:51,160 Speaker 1: monetary stimulus they're doing. So now it went from it's 157 00:07:51,160 --> 00:07:53,960 Speaker 1: not we can't get enough to Okay, it's growing, but 158 00:07:54,000 --> 00:07:55,880 Speaker 1: it don't worry it's gonna go away to oh shoot, 159 00:07:55,960 --> 00:07:58,680 Speaker 1: it's not going to go away, to oh shoot, we 160 00:07:58,800 --> 00:08:01,200 Speaker 1: better do something about it. And so we're gonna stop 161 00:08:02,480 --> 00:08:05,240 Speaker 1: creating money, stop increasing them entary supply, and we're gonna 162 00:08:05,360 --> 00:08:11,240 Speaker 1: raise rates. Now we're being told by Biden himself, I 163 00:08:11,280 --> 00:08:13,000 Speaker 1: got a clip I'm gonna play for you in a minute. 164 00:08:14,080 --> 00:08:15,920 Speaker 1: We're being told by Biden himself, we're being told by 165 00:08:16,040 --> 00:08:17,920 Speaker 1: influencers on TikTok that I think the White House is 166 00:08:17,960 --> 00:08:22,600 Speaker 1: putting on that it's actually Putin's fault. So how did 167 00:08:22,680 --> 00:08:25,160 Speaker 1: it go from we couldn't get it to it's gonna 168 00:08:25,160 --> 00:08:28,520 Speaker 1: go away to um, oh shoot, it's a problem, to oh, shoot, 169 00:08:28,800 --> 00:08:31,040 Speaker 1: we better, we're gonna we're gonna make some changes now, 170 00:08:31,800 --> 00:08:35,600 Speaker 1: to oh no, actually it's all Putin's fault. But Putin wasn't. 171 00:08:35,640 --> 00:08:40,960 Speaker 1: They're causing problems for the last year, and it comes 172 00:08:40,960 --> 00:08:44,560 Speaker 1: from a gross misunderstanding of what this is. But I'm 173 00:08:44,600 --> 00:08:46,640 Speaker 1: gonna clear it up. It's actually very simple. It's actually 174 00:08:46,679 --> 00:08:49,880 Speaker 1: way more simple than you might believe. They make it 175 00:08:50,000 --> 00:08:53,360 Speaker 1: overly complicated so you don't understand it. I'll break that 176 00:08:53,400 --> 00:08:56,840 Speaker 1: down for you. Um, and then we'll talk about, like 177 00:08:56,880 --> 00:08:58,560 Speaker 1: I said, what what Biden? And what the TikToker said? 178 00:08:58,559 --> 00:08:59,840 Speaker 1: I want to I want to give you a quote 179 00:09:00,120 --> 00:09:03,200 Speaker 1: from Vladimir Lenin, who actually predicted this would happen about 180 00:09:03,200 --> 00:09:06,880 Speaker 1: a hundred years ago. Um, and then we'll talk about 181 00:09:06,920 --> 00:09:08,760 Speaker 1: can the Fed actually do something to stop it. I 182 00:09:08,800 --> 00:09:10,960 Speaker 1: got a lot of stuff to cover um in this 183 00:09:11,080 --> 00:09:14,120 Speaker 1: in this segment, so make sure you stick around. I'm 184 00:09:14,160 --> 00:09:15,760 Speaker 1: gonna listening to the Mark Moss Show. I got a 185 00:09:15,760 --> 00:09:17,840 Speaker 1: lot more about inflation. Don't go away, I'll be right back, 186 00:09:18,120 --> 00:09:20,320 Speaker 1: all right, Welcome back here, listening to the Mark Moa Show, 187 00:09:20,320 --> 00:09:23,680 Speaker 1: and we're talking about the intersection of politics, finance, and technology. 188 00:09:23,720 --> 00:09:26,400 Speaker 1: Of course, like we do each and every week. You 189 00:09:26,400 --> 00:09:27,960 Speaker 1: should know that by now, because you should be tuning 190 00:09:27,960 --> 00:09:30,080 Speaker 1: in each and every week, and if you're not, put 191 00:09:30,120 --> 00:09:32,120 Speaker 1: a calendar reminder on your phone so you don't miss 192 00:09:32,240 --> 00:09:35,640 Speaker 1: me at all. Of course, we're talking about the decentralized revolution, 193 00:09:35,679 --> 00:09:38,240 Speaker 1: the way that the world is changing right before our 194 00:09:38,280 --> 00:09:40,920 Speaker 1: very eyes. Before the break, I was talking about inflation. 195 00:09:41,160 --> 00:09:44,720 Speaker 1: Tucker Carlson ran something called Inflation Nation, and uh, I 196 00:09:44,720 --> 00:09:48,120 Speaker 1: talked about this changing narrative. How the the Biden White House, 197 00:09:48,400 --> 00:09:51,800 Speaker 1: the media, um, and even the Federal Reserve changed from 198 00:09:52,160 --> 00:09:54,160 Speaker 1: we don't have inflation, we can't get inflation even if 199 00:09:54,240 --> 00:09:56,040 Speaker 1: wanted it to. We have it, but it's gonna go 200 00:09:56,120 --> 00:09:58,520 Speaker 1: away to oh shoot as a problem, to only oh shoot, 201 00:09:58,520 --> 00:10:02,199 Speaker 1: we better do something quick you Oh it's actually it's 202 00:10:02,200 --> 00:10:06,679 Speaker 1: actually Putin's fault. How how quickly that changed? Um, So 203 00:10:06,720 --> 00:10:08,640 Speaker 1: I wanna talk about a couple of things now. Um, 204 00:10:08,720 --> 00:10:11,680 Speaker 1: one of the biggest drivers of this is gas prices. 205 00:10:12,240 --> 00:10:15,960 Speaker 1: So the media we basically think whatever they want us 206 00:10:15,960 --> 00:10:18,840 Speaker 1: to think. Now, I guess I'm talking to you over 207 00:10:18,840 --> 00:10:20,280 Speaker 1: the radio, So I guess I'm part of this media, 208 00:10:20,280 --> 00:10:23,720 Speaker 1: But I'm not part of the establishment media. Um and 209 00:10:23,800 --> 00:10:28,160 Speaker 1: really big tech you know, Twitter, Facebook, Um, et cetera, Instagram, 210 00:10:28,200 --> 00:10:30,719 Speaker 1: as well as the big you know media conglomerate glomerates. 211 00:10:32,080 --> 00:10:34,640 Speaker 1: They basically they you basically think whatever they want you 212 00:10:34,679 --> 00:10:37,960 Speaker 1: to think. So, for example, every story could be somewhat neutral. 213 00:10:38,040 --> 00:10:40,520 Speaker 1: So like, obviously there's a war going on in Ukraine. 214 00:10:40,960 --> 00:10:43,160 Speaker 1: I believe that to be true. I believe that Russia 215 00:10:43,320 --> 00:10:45,800 Speaker 1: is there and their soldiers there, and there's probably bombs 216 00:10:45,880 --> 00:10:50,360 Speaker 1: dropping and people have died. That is like factual, I'm sure. 217 00:10:50,440 --> 00:10:52,000 Speaker 1: I mean, maybe it's all fake. I don't know, but 218 00:10:52,000 --> 00:10:55,000 Speaker 1: I believe it to be factual. Um. But the story 219 00:10:55,120 --> 00:10:57,640 Speaker 1: that we're told about it, does the media show us 220 00:10:57,800 --> 00:11:01,840 Speaker 1: pictures of kids on the street crying and dying? Or 221 00:11:01,880 --> 00:11:04,680 Speaker 1: do they show us pictures of soldiers marching? Do they 222 00:11:04,720 --> 00:11:06,959 Speaker 1: show us pictures of heroes? So like, what is the 223 00:11:07,080 --> 00:11:09,320 Speaker 1: narrative of those facts are telling us? And that's kind 224 00:11:09,320 --> 00:11:11,760 Speaker 1: of how it works, um. And so they can tell 225 00:11:11,840 --> 00:11:13,840 Speaker 1: us that inflation is going away or that it's not 226 00:11:13,880 --> 00:11:17,160 Speaker 1: a problem. They can hide any talk about inflation, so 227 00:11:17,200 --> 00:11:19,040 Speaker 1: we don't even hear about it. They could tell us 228 00:11:19,080 --> 00:11:22,120 Speaker 1: that you know, all these things, but they can't change 229 00:11:22,120 --> 00:11:23,520 Speaker 1: the fact that when you go to fill up your 230 00:11:23,520 --> 00:11:26,360 Speaker 1: car at the gas station, you're gonna notice it. I 231 00:11:26,480 --> 00:11:28,760 Speaker 1: drive a truck, and I noticed that my price of 232 00:11:28,800 --> 00:11:31,679 Speaker 1: gas doubled. In a matter of fact, UM, I can't 233 00:11:31,720 --> 00:11:34,000 Speaker 1: fill up my gas tank anymore if it's not empty, 234 00:11:34,040 --> 00:11:37,400 Speaker 1: because my credit card doesn't go up high enough. UM. 235 00:11:37,440 --> 00:11:39,640 Speaker 1: So that's a problem, and they can't hide that fact. 236 00:11:39,720 --> 00:11:43,439 Speaker 1: We know that. UM. But apparently this is all um, 237 00:11:43,440 --> 00:11:47,440 Speaker 1: it's all uh Putin's fault. Or is it the greedy 238 00:11:47,800 --> 00:11:51,960 Speaker 1: corporation's fault? I mean it's it's got to be somebody's fault. 239 00:11:51,960 --> 00:11:55,840 Speaker 1: Anybody about Biden's right, Um, it couldn't be that. UM. 240 00:11:56,000 --> 00:11:59,959 Speaker 1: The very first day he took office, the very first 241 00:12:00,080 --> 00:12:03,880 Speaker 1: thing that he did was to sign an executive order, 242 00:12:03,920 --> 00:12:05,600 Speaker 1: which means I'm the king, and I don't care what 243 00:12:05,600 --> 00:12:07,719 Speaker 1: anybody else says or what anybody wants. I'm going to 244 00:12:07,840 --> 00:12:10,760 Speaker 1: declare there's a war on oil. UM. And he shut 245 00:12:10,840 --> 00:12:14,560 Speaker 1: down UM oil oil permits. UM. He also put us back, 246 00:12:14,559 --> 00:12:16,560 Speaker 1: the United States, back into the Paris Accord, which means 247 00:12:16,600 --> 00:12:18,720 Speaker 1: we have to bow down to global E s G narratives, 248 00:12:19,600 --> 00:12:24,640 Speaker 1: global energy narratives. UM. And then he elected um uh. 249 00:12:25,080 --> 00:12:27,960 Speaker 1: Samara Amarova in to be the head of the o 250 00:12:28,080 --> 00:12:31,000 Speaker 1: c C, the Office of the Comptroller Current Currency, which 251 00:12:31,000 --> 00:12:34,079 Speaker 1: basically runs the banks. And she didn't end up getting elected, 252 00:12:34,120 --> 00:12:35,880 Speaker 1: but he nominated or he wanted her to be. And 253 00:12:35,920 --> 00:12:40,520 Speaker 1: she said, quoting her that we want oil companies to 254 00:12:40,760 --> 00:12:46,600 Speaker 1: go bankrupt end quote so UM. If he shuts down 255 00:12:46,600 --> 00:12:48,400 Speaker 1: all their leases on day one, says that they have 256 00:12:48,400 --> 00:12:50,840 Speaker 1: to be regulated the global energy standards. Day one, there's 257 00:12:50,840 --> 00:12:54,720 Speaker 1: an all out assault on oil companies. He hires somebody 258 00:12:54,720 --> 00:12:57,000 Speaker 1: that says, we want them to go bankrupt. What do 259 00:12:57,040 --> 00:12:59,240 Speaker 1: you think those oil companies are gonna do. Do you 260 00:12:59,280 --> 00:13:02,440 Speaker 1: think they're going to and you to invest into their companies? 261 00:13:02,640 --> 00:13:05,040 Speaker 1: Do you think they're gonna continue to find new oil? 262 00:13:05,160 --> 00:13:07,720 Speaker 1: Are they going to continue to bring more oil to supply? 263 00:13:08,160 --> 00:13:11,079 Speaker 1: Why would they when they're being told that we're shutting 264 00:13:11,080 --> 00:13:13,000 Speaker 1: you down and where our goal is to make you 265 00:13:13,000 --> 00:13:15,280 Speaker 1: go bankrupt. Right, So you have to kind of go 266 00:13:15,360 --> 00:13:18,920 Speaker 1: back to the beginning. Now, when Biden first took office, Now, 267 00:13:18,920 --> 00:13:21,480 Speaker 1: when we knew, you know, when it was him versus Trump, 268 00:13:21,520 --> 00:13:24,200 Speaker 1: we knew Trump was very pro energy, pro United States 269 00:13:24,240 --> 00:13:27,120 Speaker 1: energy um and so um the amount of energy the 270 00:13:27,160 --> 00:13:30,040 Speaker 1: United States produced, both natural gas and oil was some 271 00:13:30,080 --> 00:13:31,800 Speaker 1: of the highest in the world under Trump, and we 272 00:13:31,880 --> 00:13:34,240 Speaker 1: knew that Biden was going to be um hard on that. 273 00:13:34,320 --> 00:13:36,920 Speaker 1: I mean he ran on that um and so um 274 00:13:36,960 --> 00:13:42,440 Speaker 1: already from November of UH. In November at the election, UM, 275 00:13:42,559 --> 00:13:44,640 Speaker 1: when it looked like Biden was going to take office, 276 00:13:44,720 --> 00:13:47,080 Speaker 1: that the markets already started to turn. Of course, Then 277 00:13:47,080 --> 00:13:49,800 Speaker 1: in January UM of twenty one, then he, you know, 278 00:13:49,840 --> 00:13:52,800 Speaker 1: took office, and we can really track this through and 279 00:13:52,800 --> 00:13:54,600 Speaker 1: see what happens. I'm gonna I'm wanna play I'm gonna 280 00:13:54,679 --> 00:13:56,560 Speaker 1: give you some actual numbers, but I want to play 281 00:13:56,559 --> 00:13:58,240 Speaker 1: this clip from You're here. I have a clip of 282 00:13:58,360 --> 00:14:02,640 Speaker 1: Biden right now, UM talking about He says, make no mistake. 283 00:14:02,720 --> 00:14:05,199 Speaker 1: Let's go ahead and play a qu clip. Number one. 284 00:14:06,200 --> 00:14:11,839 Speaker 1: The second big reason for inflation is Vladimir Putin. From 285 00:14:11,880 --> 00:14:14,199 Speaker 1: the moment he put his over a hundred and fifty 286 00:14:14,240 --> 00:14:18,119 Speaker 1: thousand troops on the Ukrainian border, the price of gasoline 287 00:14:18,120 --> 00:14:22,680 Speaker 1: in January went up seventy five cents mm hmm. So 288 00:14:22,720 --> 00:14:24,440 Speaker 1: it's all Putin's fault, has nothing to do with him 289 00:14:24,480 --> 00:14:26,440 Speaker 1: shutting down oil companies or any of that. So let's 290 00:14:26,480 --> 00:14:28,720 Speaker 1: let's take a look at that. So obviously, I'm sure 291 00:14:28,760 --> 00:14:32,560 Speaker 1: you're aware that the price of oil drives the price 292 00:14:32,600 --> 00:14:36,160 Speaker 1: of gas. Right, let's cause an effect. So, um, we 293 00:14:36,200 --> 00:14:39,240 Speaker 1: can see that Biden won the election in January or 294 00:14:39,760 --> 00:14:45,760 Speaker 1: basically in November, took office in January of January. Um. 295 00:14:45,840 --> 00:14:49,120 Speaker 1: And at the time when Biden won the election, oil 296 00:14:49,240 --> 00:14:54,000 Speaker 1: was thirty five dollars a barrel. Since then oils rallied 297 00:14:54,040 --> 00:14:57,560 Speaker 1: from thirty five all the way to over a hundred 298 00:14:57,640 --> 00:15:02,200 Speaker 1: dollars a barrel. Now that was for the Russian invasion 299 00:15:02,240 --> 00:15:05,680 Speaker 1: ever took place. All right, Now there's an increase of 300 00:15:05,680 --> 00:15:09,560 Speaker 1: a hundred. So that was a hundred and seventy increase 301 00:15:09,840 --> 00:15:13,560 Speaker 1: before the Russia and Ukraine War. Now has it gone 302 00:15:13,600 --> 00:15:15,080 Speaker 1: up since? Of course it has. Yeah, it went up 303 00:15:15,080 --> 00:15:18,440 Speaker 1: even higher. Um. It jumped from a hundred up to 304 00:15:18,640 --> 00:15:20,320 Speaker 1: I think about a hundred and thirty and it's back 305 00:15:20,320 --> 00:15:23,040 Speaker 1: down to about a hundred now. But it jumped to 306 00:15:23,240 --> 00:15:27,000 Speaker 1: that price from thirty five to a hundred before the 307 00:15:27,080 --> 00:15:32,320 Speaker 1: Russia of Ukraine War. So um again, Um, the markets 308 00:15:32,320 --> 00:15:35,720 Speaker 1: are like what we call um discounting mechanisms, so they're 309 00:15:35,720 --> 00:15:38,680 Speaker 1: trying to price events in before they happen. So you're 310 00:15:38,680 --> 00:15:40,800 Speaker 1: trying to buy a stock before it goes higher, or're 311 00:15:40,800 --> 00:15:42,960 Speaker 1: trying to sell a stock before it goes lower. So 312 00:15:43,000 --> 00:15:45,120 Speaker 1: you're always basically betting on what the direction is. And 313 00:15:45,160 --> 00:15:47,960 Speaker 1: so UM. The price of oil started going up when 314 00:15:47,960 --> 00:15:49,840 Speaker 1: people knew that Biden was gonna have a war on 315 00:15:49,920 --> 00:15:54,000 Speaker 1: oil and that they should start, um, you know, buying futures, 316 00:15:54,000 --> 00:15:56,240 Speaker 1: and I'm preparing for it to go higher and higher. UM. 317 00:15:56,320 --> 00:15:58,640 Speaker 1: The day he took office, I made a prediction that 318 00:15:58,680 --> 00:16:02,360 Speaker 1: I thought gas would be ten dollars a gallon before 319 00:16:02,440 --> 00:16:05,240 Speaker 1: he left office. Now the time the national average was 320 00:16:05,280 --> 00:16:09,200 Speaker 1: I think about to something UM. So that was pretty 321 00:16:09,200 --> 00:16:11,760 Speaker 1: big claim. There would go up like a five x UM. 322 00:16:11,760 --> 00:16:15,360 Speaker 1: But here in California and Los Angeles already seven gallon, 323 00:16:16,000 --> 00:16:18,120 Speaker 1: seven fifty a gallon. So all of a sudden, my 324 00:16:18,200 --> 00:16:20,560 Speaker 1: ten dollar target looks like I might have way undershot 325 00:16:20,640 --> 00:16:23,400 Speaker 1: that UM. But anyway, back to back to putin that 326 00:16:23,480 --> 00:16:26,840 Speaker 1: he said, Uh, Biden said, putin UM as soon as 327 00:16:26,880 --> 00:16:29,880 Speaker 1: he put the troops on the border. That's why gas 328 00:16:29,880 --> 00:16:33,000 Speaker 1: got more expensive. And I'm here to tell you factually, no, 329 00:16:33,240 --> 00:16:35,520 Speaker 1: it was thirty five bucks of barrel when he won 330 00:16:36,200 --> 00:16:38,200 Speaker 1: elect when he won the election, and it was a 331 00:16:38,280 --> 00:16:44,800 Speaker 1: hundred dollars of barrel the day that the invasion started increase. Um, 332 00:16:44,920 --> 00:16:47,320 Speaker 1: big deal and um, like I said, oil did shoot 333 00:16:47,360 --> 00:16:48,880 Speaker 1: up a little bit higher, but it's back down to 334 00:16:49,000 --> 00:16:51,080 Speaker 1: about where it was at the time of the invasion. 335 00:16:51,800 --> 00:16:53,760 Speaker 1: Now it is waiting for our gas to gas prices 336 00:16:53,840 --> 00:16:57,960 Speaker 1: to start going back down. Um. I have one more clip. 337 00:16:58,000 --> 00:17:00,720 Speaker 1: Let's go ahead and play that one. Make no mistake. 338 00:17:00,760 --> 00:17:03,440 Speaker 1: Inflation is largely to fall to prutent I love you 339 00:17:03,480 --> 00:17:07,000 Speaker 1: know the republic sayings Biden's gas pipeline bye bye bye. 340 00:17:07,040 --> 00:17:10,240 Speaker 1: Biden said he's gonna stop the Keystone Popan pipeline and 341 00:17:10,359 --> 00:17:13,040 Speaker 1: I did. Yeah, So here he is it's self admitting 342 00:17:13,080 --> 00:17:16,919 Speaker 1: that he stopped the pipelines. But but there's more to it. 343 00:17:17,000 --> 00:17:18,919 Speaker 1: Like I said, this is a little bit difficult to understand. 344 00:17:19,440 --> 00:17:21,360 Speaker 1: I'm so I'm gonna I'm gonna unravel it for you, 345 00:17:21,440 --> 00:17:25,520 Speaker 1: and then I'm gonna make it so simple that even 346 00:17:25,520 --> 00:17:27,760 Speaker 1: an elementary kid could figure this out. All right, So 347 00:17:27,760 --> 00:17:30,320 Speaker 1: I'm gonna unravel it. Bear with me, and then I'm 348 00:17:30,359 --> 00:17:35,160 Speaker 1: gonna make it so simple now. Uh. Former Obama bizarre 349 00:17:35,200 --> 00:17:37,719 Speaker 1: Steve Rattner said, it's Biden's inflation needs to own it. 350 00:17:38,200 --> 00:17:40,520 Speaker 1: So people get it, but I want you to get it. 351 00:17:40,560 --> 00:17:42,200 Speaker 1: So I'm gonna come back with that. I'm gonna listening 352 00:17:42,200 --> 00:17:44,680 Speaker 1: to the Mark Moa Show. We're talking about this decentralized revolution, 353 00:17:44,760 --> 00:17:47,320 Speaker 1: the intersection of politics, finance, and technology. Of course we're 354 00:17:47,320 --> 00:17:50,720 Speaker 1: talking about bitcoin and how it's changing the world. I'm 355 00:17:50,720 --> 00:17:52,720 Speaker 1: gonna come back, like I said, unravel this and make 356 00:17:52,760 --> 00:17:56,600 Speaker 1: it so easy even your kids could understand it. I 357 00:17:56,640 --> 00:17:58,880 Speaker 1: got a lot more to cover, so do not go away. 358 00:17:58,880 --> 00:18:01,560 Speaker 1: I'll be back. All right, Welcome back. You're listening to 359 00:18:01,640 --> 00:18:04,880 Speaker 1: the Mark ma Show. We're talking about the intersection of politics, finance, 360 00:18:04,920 --> 00:18:08,680 Speaker 1: and technology. I call it the decentralized revolution, and it's 361 00:18:08,680 --> 00:18:10,880 Speaker 1: really being led by bitcoin. It's changed in the world 362 00:18:10,880 --> 00:18:12,320 Speaker 1: as we speak. And a lot of times you may 363 00:18:12,320 --> 00:18:14,840 Speaker 1: not realize that bitcoin just seems like some old relic, 364 00:18:14,880 --> 00:18:19,040 Speaker 1: it's some new technology, it's like digital cash whatever, and 365 00:18:19,080 --> 00:18:20,760 Speaker 1: it is all those things, but it's going to be 366 00:18:20,800 --> 00:18:23,000 Speaker 1: so much more, and it's really fueling a lot of 367 00:18:23,000 --> 00:18:25,600 Speaker 1: what's happening today, which we're going to discuss. But we're 368 00:18:25,640 --> 00:18:30,239 Speaker 1: talking right now specifically about um inflation UM specifically at 369 00:18:30,240 --> 00:18:32,399 Speaker 1: this point talking about the prices of things going up 370 00:18:32,440 --> 00:18:36,520 Speaker 1: and mostly your gas prices going up. I hear feel 371 00:18:36,520 --> 00:18:39,760 Speaker 1: it trying to fill up my truck with gas. Um. 372 00:18:39,840 --> 00:18:42,280 Speaker 1: And uh. I played some clips of Biden saying that, hey, 373 00:18:42,320 --> 00:18:45,760 Speaker 1: it's not my fault, it's Putin's fault because uh, you know, 374 00:18:45,920 --> 00:18:48,359 Speaker 1: the day that he put soldiers on the border went 375 00:18:48,440 --> 00:18:50,280 Speaker 1: up and I laid out for actually that's not the case. 376 00:18:50,320 --> 00:18:52,399 Speaker 1: It was thirty five bucks a barrel when he took office, 377 00:18:52,600 --> 00:18:55,480 Speaker 1: and it was a hundred dollars nine dollars a barrel 378 00:18:56,040 --> 00:18:59,119 Speaker 1: when the Russian invasion happened. It was up a hundred 379 00:18:59,160 --> 00:19:04,119 Speaker 1: swo percent. Um. And you know we have him, we 380 00:19:04,200 --> 00:19:06,800 Speaker 1: have Biden talking about this. I saw a clip of 381 00:19:07,080 --> 00:19:12,920 Speaker 1: jen Psaki, the bidens that um, uh you know Press secretary, 382 00:19:13,280 --> 00:19:15,680 Speaker 1: and she came out and said, um, you know, we 383 00:19:15,760 --> 00:19:18,119 Speaker 1: know what the problem is. Um, it's not it's not 384 00:19:18,240 --> 00:19:21,920 Speaker 1: the government spending this the problem. The problem is it's 385 00:19:21,960 --> 00:19:26,560 Speaker 1: these oil companies. These oil companies, Um, you know, we 386 00:19:26,720 --> 00:19:29,320 Speaker 1: have all these leases open, all these permits. They could 387 00:19:29,359 --> 00:19:32,080 Speaker 1: just start drilling if they wanted to, and it's their 388 00:19:32,160 --> 00:19:34,800 Speaker 1: fault that prices are so high because they won't come 389 00:19:34,880 --> 00:19:39,440 Speaker 1: and drill. Apparently, according to her, well, um, that narrative 390 00:19:39,520 --> 00:19:42,520 Speaker 1: seems to be spinning up quite a bit. UM. We 391 00:19:42,680 --> 00:19:45,240 Speaker 1: saw over the last week there was a group of 392 00:19:45,320 --> 00:19:49,000 Speaker 1: influencers on TikTok that seemed to maybe be put together 393 00:19:49,119 --> 00:19:53,000 Speaker 1: by UM, probably by the White House, I'm guessing UM. 394 00:19:53,080 --> 00:19:55,280 Speaker 1: And they said that they don't think that government spending 395 00:19:55,440 --> 00:19:58,200 Speaker 1: or money printing has anything to do with inflation or 396 00:19:58,520 --> 00:20:02,119 Speaker 1: the high gas price is they said, quote, it was 397 00:20:02,280 --> 00:20:07,800 Speaker 1: corporations making things so expensive. It's the corporation's fault. They're 398 00:20:07,840 --> 00:20:11,359 Speaker 1: the ones that raise their prices, right, it's all their fault. 399 00:20:11,400 --> 00:20:12,639 Speaker 1: Let's blame it on the Why don't they just keep 400 00:20:12,640 --> 00:20:17,399 Speaker 1: their prices down? Why are they causing inflation? Man? What 401 00:20:17,520 --> 00:20:21,560 Speaker 1: a failure of our education system of people honestly believe that. Um. 402 00:20:21,640 --> 00:20:24,720 Speaker 1: On top of that, we saw UM a group of 403 00:20:24,800 --> 00:20:30,560 Speaker 1: Democrats has worked to submit a bill to create massive, massive, 404 00:20:30,760 --> 00:20:35,960 Speaker 1: massive taxes on oil companies on their profits. They want 405 00:20:36,000 --> 00:20:38,960 Speaker 1: to take up to fifty of their profits and then 406 00:20:39,320 --> 00:20:44,000 Speaker 1: somehow redistribute them back to everybody, or well not everybody. 407 00:20:44,040 --> 00:20:45,960 Speaker 1: You know, if you make under steventy five dollars a year, 408 00:20:46,480 --> 00:20:49,600 Speaker 1: So that's what taxes are. Taxes are for redistribution. UM. 409 00:20:50,000 --> 00:20:52,119 Speaker 1: But they want to take away profits. So, um is 410 00:20:52,160 --> 00:20:55,640 Speaker 1: it that businesses are greedy? Um? Is it? Like Jen 411 00:20:55,680 --> 00:20:58,360 Speaker 1: Psaki says that they just they could go get the oil, 412 00:20:58,400 --> 00:21:01,280 Speaker 1: they just don't want to. Well, why don't they want to? 413 00:21:01,520 --> 00:21:05,959 Speaker 1: I mean they're in the business to produce oil. If 414 00:21:06,040 --> 00:21:08,800 Speaker 1: they could produce oil, don't you think they would? I 415 00:21:08,880 --> 00:21:11,960 Speaker 1: mean the goal of a business is to expand and 416 00:21:12,119 --> 00:21:16,399 Speaker 1: grow the business and produce profits. So if like she says, 417 00:21:16,480 --> 00:21:18,280 Speaker 1: that there's just there's all this land and all these 418 00:21:18,320 --> 00:21:20,640 Speaker 1: permits available, they just they just won't do it. Why 419 00:21:20,680 --> 00:21:22,920 Speaker 1: wouldn't they mean don't they want to make money? Isn't 420 00:21:22,960 --> 00:21:24,760 Speaker 1: that the goal? I mean, don't they have shareholders that 421 00:21:25,000 --> 00:21:28,880 Speaker 1: demand they make money. I've been an energy of investor 422 00:21:28,960 --> 00:21:30,640 Speaker 1: for over a decade. I invest in lots of oil 423 00:21:30,680 --> 00:21:33,359 Speaker 1: companies and I want those investments to go make as 424 00:21:33,400 --> 00:21:37,240 Speaker 1: much money as possible. That's why I own them. So if, 425 00:21:37,320 --> 00:21:40,080 Speaker 1: like Jen Psaki said, if they could just go do this, 426 00:21:40,200 --> 00:21:44,800 Speaker 1: then why aren't they Well because they can't do it profitably. 427 00:21:46,119 --> 00:21:49,240 Speaker 1: They can't do it profitably. Now you might uh might 428 00:21:49,320 --> 00:21:51,119 Speaker 1: not remember, you might not know, you might not have 429 00:21:51,200 --> 00:21:54,760 Speaker 1: been paying attention. But um, the last year was very 430 00:21:54,800 --> 00:21:58,840 Speaker 1: difficult for oil companies UM. In March, the price of 431 00:21:58,960 --> 00:22:03,080 Speaker 1: barrel barrel of oil dropped below it was negative thirty 432 00:22:03,119 --> 00:22:06,359 Speaker 1: five dollars. Now, I was actually working on a new deal. 433 00:22:06,640 --> 00:22:09,240 Speaker 1: I was building on a bitcoin mining company with on 434 00:22:09,760 --> 00:22:12,840 Speaker 1: in conjunction UM as a subsidiary company of a publicly 435 00:22:12,880 --> 00:22:14,800 Speaker 1: traded oil company at the time, out of out of Texas, 436 00:22:14,840 --> 00:22:18,840 Speaker 1: out of Dallas, Texas and uh Man. We were so close. 437 00:22:18,920 --> 00:22:20,520 Speaker 1: We had everything done, all the legal was done, we 438 00:22:20,560 --> 00:22:22,479 Speaker 1: were on the road, we were raising money. And right 439 00:22:22,480 --> 00:22:24,920 Speaker 1: when that happened March, it drove the price of the 440 00:22:25,000 --> 00:22:27,600 Speaker 1: oil down solo that the company went bankrupt. UM lots 441 00:22:27,640 --> 00:22:31,680 Speaker 1: of companies went bankrupt. The entire oil industry was completely shattered, 442 00:22:32,240 --> 00:22:35,080 Speaker 1: shaking up. Lots of companies went broke. The ones that 443 00:22:35,280 --> 00:22:38,640 Speaker 1: did hang on still suffered greatly, right, and so they're 444 00:22:38,720 --> 00:22:41,879 Speaker 1: still licking their wounds from this. Now. As a business owner, 445 00:22:42,000 --> 00:22:43,960 Speaker 1: I mean you're with it for better or worse. As 446 00:22:44,000 --> 00:22:45,639 Speaker 1: a business owner, A lot of people don't understand this, 447 00:22:45,720 --> 00:22:48,639 Speaker 1: but your employees get paid before the owner does in 448 00:22:48,720 --> 00:22:51,800 Speaker 1: a in a situation like that, these companies lost millions 449 00:22:51,880 --> 00:22:56,080 Speaker 1: or collectively billions of dollars through that period. But you 450 00:22:56,160 --> 00:22:59,920 Speaker 1: know they stomached it. They held on the investors. Poe 451 00:23:00,000 --> 00:23:03,760 Speaker 1: need up more cash because they believe that the future 452 00:23:03,840 --> 00:23:07,000 Speaker 1: they could get those profits back. So they lost a 453 00:23:07,040 --> 00:23:09,119 Speaker 1: bunch of money and now they're trying to get some 454 00:23:09,240 --> 00:23:12,080 Speaker 1: profits back. But that's a problem. That's a problem. How 455 00:23:12,200 --> 00:23:14,679 Speaker 1: dare these companies make a profit? Let's tax all their 456 00:23:14,720 --> 00:23:17,399 Speaker 1: money away, and so what do you think is gonna happen? 457 00:23:18,040 --> 00:23:20,280 Speaker 1: These oil companies don't want to go get more oil. 458 00:23:20,320 --> 00:23:22,360 Speaker 1: They don't want to bring it to the market. In addition, 459 00:23:22,440 --> 00:23:24,840 Speaker 1: as you heard about you heard from that previous clip 460 00:23:24,920 --> 00:23:27,800 Speaker 1: last at the last segment, Biden talking about shutting down 461 00:23:27,840 --> 00:23:31,320 Speaker 1: the pipeline. So let's think about this. So if we 462 00:23:31,400 --> 00:23:33,359 Speaker 1: had a pipeline, then the oil could just flow through 463 00:23:33,400 --> 00:23:35,520 Speaker 1: the pipeline and that's basically free and and it's a 464 00:23:35,600 --> 00:23:38,600 Speaker 1: mission free. So for all of these carbon hysterics that 465 00:23:38,640 --> 00:23:40,600 Speaker 1: believe that this carbon output is is killing the world, 466 00:23:40,840 --> 00:23:43,280 Speaker 1: imagine all these trucks driving up and down across the 467 00:23:43,359 --> 00:23:46,240 Speaker 1: country releasing more carbon. Wouldn't it make more sense to 468 00:23:46,280 --> 00:23:48,159 Speaker 1: put it in a pipeline and let it flow. So 469 00:23:48,280 --> 00:23:50,600 Speaker 1: that's good for the environment. In addition to that, um 470 00:23:50,720 --> 00:23:53,400 Speaker 1: if gas prices go higher, and trucks have to drive 471 00:23:53,480 --> 00:23:56,479 Speaker 1: thousands of miles to deliver the oil. Wouldn't that increase 472 00:23:56,560 --> 00:23:59,440 Speaker 1: the cost? Would in a way to bring that cost 473 00:23:59,600 --> 00:24:03,000 Speaker 1: down would be to actually just put it in a pipeline. No, 474 00:24:03,160 --> 00:24:04,960 Speaker 1: but they canceled that. Never mind that, so never mind 475 00:24:05,000 --> 00:24:08,000 Speaker 1: the environment, Uh, never mind the prices will just shut 476 00:24:08,080 --> 00:24:09,840 Speaker 1: all that down as well, and it and it really 477 00:24:09,880 --> 00:24:13,800 Speaker 1: goes back into them not understanding how this works at all. 478 00:24:14,760 --> 00:24:16,760 Speaker 1: It's the corporations that are greeting they're charging too much. 479 00:24:16,760 --> 00:24:19,440 Speaker 1: Now this tax, they say, it's only going to be 480 00:24:19,520 --> 00:24:22,120 Speaker 1: applied to the top thirty percent of companies, the really 481 00:24:22,160 --> 00:24:24,920 Speaker 1: big companies. The seventy percent of companies are under that 482 00:24:25,040 --> 00:24:27,000 Speaker 1: threshold and it won't really affect them. But think about 483 00:24:27,040 --> 00:24:30,680 Speaker 1: this competition. If we if we truly lived in a 484 00:24:30,760 --> 00:24:34,040 Speaker 1: free market, well, then if seventy percent of the market 485 00:24:34,080 --> 00:24:37,680 Speaker 1: isn't gonna be regulated, wouldn't they be keeping the in check. 486 00:24:38,160 --> 00:24:39,960 Speaker 1: So let's say the third percent said, nope, we're gonna 487 00:24:40,000 --> 00:24:43,359 Speaker 1: we're gonna gouge everybody. We're gonna quadruple our prices so 488 00:24:43,440 --> 00:24:46,320 Speaker 1: we can just make these crazy profits. But the seventy 489 00:24:46,359 --> 00:24:48,320 Speaker 1: percent of smaller companies are going to sell for cheaper. 490 00:24:50,440 --> 00:24:53,879 Speaker 1: You can't raise your prices crazy amount when you have 491 00:24:54,040 --> 00:24:57,840 Speaker 1: people offering the same thing. Now that's for commodity services. Obviously, 492 00:24:57,920 --> 00:25:01,080 Speaker 1: a Gucci purse or a Loop Vatan purse can sell 493 00:25:01,160 --> 00:25:03,639 Speaker 1: for way more than a no name per set, you know, 494 00:25:04,119 --> 00:25:07,840 Speaker 1: Walmart um. But that's that's because of the brand. That's 495 00:25:07,840 --> 00:25:12,080 Speaker 1: a premium brand. But in a commodity like oil um, 496 00:25:12,280 --> 00:25:14,200 Speaker 1: you don't have that. And so whether I'm buying my 497 00:25:14,359 --> 00:25:17,280 Speaker 1: oil from Shell or BP, or I'm buying it from 498 00:25:17,400 --> 00:25:19,119 Speaker 1: X y Z small company, it doesn't matter to me. 499 00:25:19,240 --> 00:25:22,760 Speaker 1: It's just oil. And so these companies, these they don't 500 00:25:22,760 --> 00:25:25,600 Speaker 1: control the market. If they're if they're if they're raising 501 00:25:25,640 --> 00:25:29,360 Speaker 1: their prices some order absorbing you know, crazy amount, these 502 00:25:29,400 --> 00:25:32,280 Speaker 1: small companies are going to keep them in check. So 503 00:25:32,320 --> 00:25:35,680 Speaker 1: it's a it's a full misunderstanding of how business works. 504 00:25:35,680 --> 00:25:37,639 Speaker 1: And of course, of course it is right. None of 505 00:25:37,680 --> 00:25:40,600 Speaker 1: these politicians have ever spent one day in the real world. 506 00:25:40,800 --> 00:25:43,120 Speaker 1: They've probably never had to balance their budgets at home. 507 00:25:43,680 --> 00:25:45,960 Speaker 1: They've they've never had to deal with a business, and 508 00:25:46,000 --> 00:25:49,680 Speaker 1: they have no idea how it works. They have no 509 00:25:49,760 --> 00:25:53,119 Speaker 1: idea that businesses actually lose money. In the hopes of 510 00:25:53,240 --> 00:25:55,920 Speaker 1: one day making it back. They have no idea that 511 00:25:56,040 --> 00:26:00,280 Speaker 1: it's actually the hope of making a profit that even 512 00:26:00,840 --> 00:26:03,240 Speaker 1: gets them to start the business in the first place. 513 00:26:03,880 --> 00:26:05,720 Speaker 1: Nobody would start a business if there wasn't hopes of 514 00:26:05,800 --> 00:26:09,480 Speaker 1: making a profit. That's the whole point. And sometimes my profits, 515 00:26:09,520 --> 00:26:11,359 Speaker 1: sometimes I have no profits, sometimes I lose money, and 516 00:26:11,400 --> 00:26:13,800 Speaker 1: sometimes I make big profits. And hopefully at some point 517 00:26:13,880 --> 00:26:16,200 Speaker 1: and evens out. And if I could sell the oil 518 00:26:16,280 --> 00:26:18,840 Speaker 1: for cheaper as somebody else would, and that competition would 519 00:26:18,840 --> 00:26:22,119 Speaker 1: force me to lower my prices, that's the way this works, 520 00:26:24,000 --> 00:26:26,280 Speaker 1: all right. Now, Now that I've said all that, I 521 00:26:26,359 --> 00:26:30,560 Speaker 1: want to explain to the very easy way, the very 522 00:26:30,720 --> 00:26:33,240 Speaker 1: easy definition, the easy way to understand what inflation is. 523 00:26:33,359 --> 00:26:35,960 Speaker 1: Because they've got you all confused, and and I don't 524 00:26:35,960 --> 00:26:37,920 Speaker 1: blame you. I don't blame you. That's what that's what 525 00:26:38,000 --> 00:26:39,440 Speaker 1: school has done to you. So I want to show 526 00:26:39,480 --> 00:26:41,280 Speaker 1: you the easy way, and I'm gonna show you with 527 00:26:41,400 --> 00:26:45,320 Speaker 1: some more actual, factual numbers to explain this for you. 528 00:26:46,800 --> 00:26:48,720 Speaker 1: And then I'm gonna go back to a quote about 529 00:26:48,760 --> 00:26:51,879 Speaker 1: a hundred years ago that UM basically said this was 530 00:26:51,920 --> 00:26:55,000 Speaker 1: going to happen, all right, UM, And then later we're 531 00:26:55,000 --> 00:26:58,400 Speaker 1: gonna talk about UM. Like I said, can the Fed 532 00:26:58,480 --> 00:27:00,879 Speaker 1: do anything to stop this? And the Biden administration do 533 00:27:00,880 --> 00:27:02,720 Speaker 1: anything to stop this? Then what should you be doing 534 00:27:02,800 --> 00:27:05,280 Speaker 1: to prepare? I got a lot more to cover, um 535 00:27:05,560 --> 00:27:07,680 Speaker 1: in a short amount of time. You're listening to the 536 00:27:07,720 --> 00:27:12,520 Speaker 1: Mark Moa Show. We're talking about the converging cycles of politics, finance, 537 00:27:12,600 --> 00:27:16,040 Speaker 1: and technology all coming together. We're talking about this decentralized 538 00:27:16,040 --> 00:27:20,199 Speaker 1: revolution that is changing the world right before our very nice. Um. 539 00:27:20,320 --> 00:27:23,560 Speaker 1: It's scary, it's uncertain, but it's also exciting. History books 540 00:27:23,560 --> 00:27:25,480 Speaker 1: will be written about this period of time, and I'm 541 00:27:25,560 --> 00:27:28,200 Speaker 1: here to bring it all to you in context so 542 00:27:28,320 --> 00:27:30,119 Speaker 1: it makes sense and you know how to navigate it. 543 00:27:30,600 --> 00:27:33,080 Speaker 1: I got a lot more when I come back. Don't 544 00:27:33,119 --> 00:27:35,480 Speaker 1: go away, all right, Welcome back. You're listening to the 545 00:27:35,520 --> 00:27:39,600 Speaker 1: markma Show and we're talking about the converging cycles of politics, technology, 546 00:27:39,800 --> 00:27:43,320 Speaker 1: and finance all coming together. It's being caused by this 547 00:27:43,600 --> 00:27:47,240 Speaker 1: decentralized revolution that is happening right now. It's being fueled 548 00:27:47,240 --> 00:27:51,080 Speaker 1: by the catalyst that is bitcoin. And I get it. 549 00:27:51,119 --> 00:27:53,840 Speaker 1: The whole world's crazy right now, UM, and it's crazy 550 00:27:53,880 --> 00:27:56,480 Speaker 1: because of these events happening right now. But it's actually 551 00:27:56,880 --> 00:27:58,520 Speaker 1: not that crazy when you understand it, which is what 552 00:27:58,560 --> 00:28:00,600 Speaker 1: I'm trying to break down to you each and every week. 553 00:28:00,640 --> 00:28:01,920 Speaker 1: So make sure you don't miss a show or you 554 00:28:01,960 --> 00:28:04,119 Speaker 1: could miss something big. Now, before the break, I was 555 00:28:04,200 --> 00:28:08,199 Speaker 1: talking about what we've been talking about, prices going crazy, 556 00:28:08,520 --> 00:28:11,479 Speaker 1: UM inflation, the government's number inflation being super high. We're 557 00:28:11,520 --> 00:28:15,280 Speaker 1: talking about gas prices being super high. We're talking about how, uh, 558 00:28:16,200 --> 00:28:19,200 Speaker 1: the media or the White House and social media doesn't 559 00:28:19,200 --> 00:28:21,600 Speaker 1: want you to understand the real causes. Biden said, it's 560 00:28:21,640 --> 00:28:23,760 Speaker 1: not my fault, it's Putin's fault. And then I kind 561 00:28:23,800 --> 00:28:25,400 Speaker 1: of gave you the numbers to show that's not the case. 562 00:28:25,640 --> 00:28:27,879 Speaker 1: Talked about how some TikTok influencers are trying to kind 563 00:28:27,880 --> 00:28:31,080 Speaker 1: of explain, um, that it's these greedy businesses charging too much. 564 00:28:31,160 --> 00:28:33,360 Speaker 1: And Jen Saki from the White House says that, um, 565 00:28:33,480 --> 00:28:35,280 Speaker 1: there's plenty of oils the oil companies could get in 566 00:28:35,280 --> 00:28:36,399 Speaker 1: the US if they just wanted to go get it, 567 00:28:36,440 --> 00:28:40,040 Speaker 1: but they don't. UM. She doesn't say why they don't. UM. 568 00:28:40,600 --> 00:28:43,440 Speaker 1: I guess she doesn't understand that there to make a 569 00:28:43,480 --> 00:28:45,240 Speaker 1: profit and if they could, they would, but they can't, 570 00:28:45,280 --> 00:28:48,719 Speaker 1: so they don't Um, you've probably heard that saying before. Um, 571 00:28:48,760 --> 00:28:50,840 Speaker 1: But like I said, these are these they seem like 572 00:28:51,000 --> 00:28:53,960 Speaker 1: complex subjects, but they're really easy to understand. So let 573 00:28:54,040 --> 00:28:58,960 Speaker 1: me just break this down for you. Simply, Inflation isn't 574 00:28:59,000 --> 00:29:03,440 Speaker 1: prices going up. Prices going up is the cause of inflation, 575 00:29:04,640 --> 00:29:08,080 Speaker 1: and prices go up different. So the price of a 576 00:29:08,200 --> 00:29:11,800 Speaker 1: home on Lake Travis outside of Austin, Texas went up 577 00:29:11,840 --> 00:29:14,720 Speaker 1: a hundred and fifty percent. That was inflation on a 578 00:29:14,760 --> 00:29:16,720 Speaker 1: home there. The price increase on a home there where 579 00:29:16,840 --> 00:29:20,920 Speaker 1: maybe in Middle America, in in Missouri or Arkansas, homes 580 00:29:20,960 --> 00:29:25,400 Speaker 1: went up seven See, so inflation is not the same. Um. 581 00:29:25,800 --> 00:29:27,600 Speaker 1: If I just live in my parents basement and watch 582 00:29:27,640 --> 00:29:30,640 Speaker 1: Netflix and eat eat frozen meals all day, inflation barely 583 00:29:30,680 --> 00:29:33,040 Speaker 1: affects me. Or if I'm trying to send my daughter 584 00:29:33,080 --> 00:29:36,320 Speaker 1: to college and buy a new house in southern California, 585 00:29:36,800 --> 00:29:40,400 Speaker 1: inflation impacts me massively. So inflation is different depending on 586 00:29:40,400 --> 00:29:42,000 Speaker 1: who we are, and impacts is all different. Prices are 587 00:29:42,000 --> 00:29:45,840 Speaker 1: different everywhere. There's trillions of inputs as to why prices 588 00:29:45,920 --> 00:29:48,440 Speaker 1: may go up. So obviously, with the Russia War, we 589 00:29:48,480 --> 00:29:50,440 Speaker 1: don't have enough oil coming onto the market. That's the 590 00:29:50,520 --> 00:29:52,920 Speaker 1: supply goes down, it pushes up the price of oil 591 00:29:53,000 --> 00:29:55,560 Speaker 1: go up. Um. You know we've heard about We've heard 592 00:29:55,560 --> 00:29:57,960 Speaker 1: about supply chains breaking down in the United States, ships 593 00:29:58,040 --> 00:30:00,320 Speaker 1: being off the coast of California, they can't get on loaded. 594 00:30:00,480 --> 00:30:03,640 Speaker 1: Supply chains are causing prices to go up. All these things, Okay, 595 00:30:04,320 --> 00:30:07,160 Speaker 1: but again, prices going up is the result of inflation. 596 00:30:07,280 --> 00:30:10,160 Speaker 1: They are not inflation on their own. So what's inflation. 597 00:30:10,600 --> 00:30:14,040 Speaker 1: We'll imagine a balloon. If I was going to inflate 598 00:30:14,120 --> 00:30:16,080 Speaker 1: the balloon, what would I be doing. I'd be blowing air. 599 00:30:16,160 --> 00:30:18,680 Speaker 1: I'd be adding air to that balloon. I'd be increasing 600 00:30:18,800 --> 00:30:22,680 Speaker 1: the volume, increasing the the volume of that air, which 601 00:30:22,760 --> 00:30:26,720 Speaker 1: then makes the balloon get bigger. So prices don't go 602 00:30:26,920 --> 00:30:29,479 Speaker 1: up in volume. M. What happens is the money supply 603 00:30:29,600 --> 00:30:33,520 Speaker 1: does when you increase the monetary supply the amount of 604 00:30:33,640 --> 00:30:38,400 Speaker 1: dollars in existence. That's what inflation is. This is from 605 00:30:38,480 --> 00:30:43,040 Speaker 1: the Austrian economics viewpoint. If you've never heard about Austrian economics, Um, 606 00:30:44,000 --> 00:30:45,880 Speaker 1: then you're really missing out and you're really not understanding 607 00:30:45,880 --> 00:30:48,200 Speaker 1: what's going on in the world. Uh. Schools want to 608 00:30:48,360 --> 00:30:53,000 Speaker 1: teach you about what's called typically Kinsian economics um, and 609 00:30:53,080 --> 00:30:55,800 Speaker 1: it's all wrong. So from an Austrian viewpoint, they say 610 00:30:55,880 --> 00:30:58,960 Speaker 1: that it's always about the money supply. When you increase 611 00:30:59,000 --> 00:31:03,280 Speaker 1: the money supply, um, then you have more money chasing 612 00:31:03,720 --> 00:31:07,040 Speaker 1: the same amount of goods and services. Remember, money isn't wealth. 613 00:31:07,560 --> 00:31:10,560 Speaker 1: Money measures wealth. Money helps us acquire wealth, it's not 614 00:31:10,640 --> 00:31:12,440 Speaker 1: wealth itself. If I was on a deserted island with 615 00:31:12,480 --> 00:31:14,520 Speaker 1: a billion dollars of cash, a billion dollars of gold, 616 00:31:14,680 --> 00:31:17,240 Speaker 1: and a billion dollars a bitcoin, but I had nowhere 617 00:31:17,240 --> 00:31:18,680 Speaker 1: to spend that money. I had no food, no vote, 618 00:31:18,720 --> 00:31:21,480 Speaker 1: no cell phone, no nothing, that money is worthless to me. 619 00:31:21,880 --> 00:31:23,680 Speaker 1: It's only worth something to me in in as far 620 00:31:23,760 --> 00:31:25,440 Speaker 1: as I can buy goods and services. So if we 621 00:31:25,560 --> 00:31:29,040 Speaker 1: have more money chasing the same goods and services, prices 622 00:31:29,120 --> 00:31:32,080 Speaker 1: go up. That's what happens. And so that's exactly what happened. 623 00:31:32,320 --> 00:31:37,320 Speaker 1: We saw inflation was one two percent in November when 624 00:31:37,400 --> 00:31:42,680 Speaker 1: Biden won the election. It's at eight percent today, So 625 00:31:42,840 --> 00:31:47,560 Speaker 1: from one percent to eight percent, But again that was 626 00:31:47,920 --> 00:31:50,200 Speaker 1: what they with the government measures as inflation. But we 627 00:31:50,320 --> 00:31:53,000 Speaker 1: have to go back and look at the money supply, 628 00:31:53,320 --> 00:31:55,000 Speaker 1: all right, that's the thing that we have to look 629 00:31:55,000 --> 00:31:57,480 Speaker 1: at and so we can see that the money supply, 630 00:31:57,560 --> 00:32:00,760 Speaker 1: the amount of money in circulation, and the dollars in 631 00:32:00,800 --> 00:32:08,560 Speaker 1: circulation went from I went up about thirty five. So 632 00:32:08,560 --> 00:32:11,560 Speaker 1: when you increase the money supply by that money goes 633 00:32:11,640 --> 00:32:16,200 Speaker 1: into different goods and services at uneven rates. So nationally, 634 00:32:16,760 --> 00:32:22,720 Speaker 1: home prices were up about. Nationally used cars were up about. 635 00:32:25,480 --> 00:32:28,320 Speaker 1: But that's nationally, that's averaged out of course, in some 636 00:32:28,520 --> 00:32:31,000 Speaker 1: areas they went up way more. In some areas they 637 00:32:31,040 --> 00:32:34,280 Speaker 1: went down more. And then it starts to create all 638 00:32:34,440 --> 00:32:37,640 Speaker 1: types of other distortions throughout the market. So then we 639 00:32:37,760 --> 00:32:40,280 Speaker 1: have all this money sloshing around the system, which so 640 00:32:40,360 --> 00:32:43,320 Speaker 1: then a lot of money goes into these assets asset prices. 641 00:32:43,560 --> 00:32:45,760 Speaker 1: So then we see, you know, houses going up, we 642 00:32:45,880 --> 00:32:48,720 Speaker 1: see stocks going up. People are now have all this 643 00:32:48,880 --> 00:32:50,959 Speaker 1: extra money, so then stocks are going up. And then 644 00:32:50,960 --> 00:32:53,600 Speaker 1: so then people want to start trading options on robin hood, 645 00:32:53,760 --> 00:32:56,680 Speaker 1: and they want to start trading cryptocurrencies. And at the 646 00:32:56,760 --> 00:32:59,120 Speaker 1: end of last year we had the record amount of 647 00:32:59,320 --> 00:33:02,640 Speaker 1: jobs it's ever in history. That means people quitting their jobs. 648 00:33:02,960 --> 00:33:05,360 Speaker 1: And why were they quitting their jobs because they could 649 00:33:05,400 --> 00:33:08,320 Speaker 1: make more money trading options on robin hood or trading 650 00:33:08,320 --> 00:33:11,840 Speaker 1: cryptocurrencies well, and what does that do? Well? That causes 651 00:33:11,920 --> 00:33:13,600 Speaker 1: problems in the supply chain. Now, we don't have enough 652 00:33:13,640 --> 00:33:15,680 Speaker 1: people working. When you don't have enough people working, what 653 00:33:15,720 --> 00:33:18,600 Speaker 1: do you have to do? You have to pay people more. Um, 654 00:33:18,960 --> 00:33:21,640 Speaker 1: there's not enough supplies being made. So now supply chain 655 00:33:21,680 --> 00:33:23,640 Speaker 1: start breaking down. So then prices go up because of that. 656 00:33:24,840 --> 00:33:27,560 Speaker 1: So prices went up because supply chains breaking down. Yes, 657 00:33:27,640 --> 00:33:31,880 Speaker 1: but why did supply chains break down? Well, because there 658 00:33:31,920 --> 00:33:33,840 Speaker 1: was too much demand. Why was there too much demand 659 00:33:34,000 --> 00:33:37,240 Speaker 1: because they printed more money. There wasn't enough workers. Why 660 00:33:37,240 --> 00:33:39,200 Speaker 1: would there enough workers? People quit their job to trade 661 00:33:39,240 --> 00:33:41,360 Speaker 1: options on robin hood and cryptocurrencies. Why are they trading? 662 00:33:41,360 --> 00:33:42,880 Speaker 1: Why are they doing that because they're going up so much? 663 00:33:42,880 --> 00:33:44,680 Speaker 1: Why are they going up so much? Because they printed 664 00:33:44,720 --> 00:33:48,720 Speaker 1: so much more money. That's what inflation is, and it's easy. 665 00:33:49,440 --> 00:33:51,320 Speaker 1: Anybody can look at that. You can just go look 666 00:33:51,360 --> 00:33:53,000 Speaker 1: at the M one or the M two money chart 667 00:33:53,200 --> 00:33:55,800 Speaker 1: to see the broad money supply and you can see 668 00:33:55,920 --> 00:33:59,200 Speaker 1: how much they've increased it. Now, I'll just give you 669 00:33:59,280 --> 00:34:01,040 Speaker 1: a warning here. I want to give you a warning. 670 00:34:01,480 --> 00:34:03,480 Speaker 1: If you go look at this chart, you could just 671 00:34:03,560 --> 00:34:06,920 Speaker 1: type in like fred f R E D fred money 672 00:34:06,960 --> 00:34:09,040 Speaker 1: supply or M one or MP two chart fred in 673 00:34:09,120 --> 00:34:11,440 Speaker 1: one or M two. Warning you in advance though, if 674 00:34:11,480 --> 00:34:15,799 Speaker 1: you've seen this chart, it is shocking because the money 675 00:34:15,800 --> 00:34:18,200 Speaker 1: supply basically looks like it's been staying flat and then 676 00:34:18,280 --> 00:34:21,720 Speaker 1: all of a sudden went straight vertical. I mean it's insane. 677 00:34:22,680 --> 00:34:26,120 Speaker 1: So Um, just from the time of Biden getting elected 678 00:34:26,200 --> 00:34:31,200 Speaker 1: in November two, Uh, now we've had almost increased just 679 00:34:31,280 --> 00:34:35,680 Speaker 1: in the money supply alone. Prices go up. Now, UM, 680 00:34:36,680 --> 00:34:37,920 Speaker 1: I want to give you this quote. I told you 681 00:34:37,920 --> 00:34:40,680 Speaker 1: I to give you a quote here, Um. Vladimir Lenin 682 00:34:40,960 --> 00:34:44,720 Speaker 1: Um said probably about a years ago, he said that quote, 683 00:34:44,840 --> 00:34:47,840 Speaker 1: the best way to destroy the capitalist system was to 684 00:34:48,120 --> 00:34:52,080 Speaker 1: debouch the currency. Debouch like to destroy it, to distort it. 685 00:34:52,920 --> 00:34:57,160 Speaker 1: He went on. By a continuing process of inflation, printing money, 686 00:34:57,640 --> 00:35:02,640 Speaker 1: governments can confiscate secretly an unobserved an important part of 687 00:35:02,680 --> 00:35:04,880 Speaker 1: the wealth of their citizens. So what does that mean, um, 688 00:35:05,200 --> 00:35:08,239 Speaker 1: Through inflation, by printing more money, they can steal the 689 00:35:08,400 --> 00:35:11,480 Speaker 1: wealth secretly. Because what happens is when they print more money, 690 00:35:11,520 --> 00:35:15,440 Speaker 1: it makes your dollars worth less. So they're they're literally 691 00:35:15,480 --> 00:35:18,400 Speaker 1: stealing the purchasing power of your money. A hundred thousand 692 00:35:18,400 --> 00:35:21,120 Speaker 1: dollars UM ten years ago buys you about seventy dollars 693 00:35:21,160 --> 00:35:23,520 Speaker 1: worth of goods. Today they stole thirty thousand dollars purchasing 694 00:35:23,560 --> 00:35:27,560 Speaker 1: power from you. Um. And he says, by this method, 695 00:35:27,600 --> 00:35:31,960 Speaker 1: they not only confiscate, but they confiscate arbitrarily. And while 696 00:35:31,960 --> 00:35:36,600 Speaker 1: the process impoverishes many, it actually enriches some. So they 697 00:35:36,920 --> 00:35:40,680 Speaker 1: steal from you at will. And and yes, it while 698 00:35:41,040 --> 00:35:44,560 Speaker 1: the majority of people are impoverished or go broke over it, 699 00:35:44,960 --> 00:35:47,960 Speaker 1: it actually enriches some, which is why they want to 700 00:35:48,000 --> 00:35:49,960 Speaker 1: do it. And then I'm going to skip through the 701 00:35:50,120 --> 00:35:51,960 Speaker 1: The end of this quote is the last, the most 702 00:35:52,000 --> 00:35:54,560 Speaker 1: important part. I like here. As the inflation proceeds and 703 00:35:54,600 --> 00:35:57,120 Speaker 1: the real value of the currency fluctuates wildly from month 704 00:35:57,160 --> 00:35:58,640 Speaker 1: to months, so as the inflation as they continue to 705 00:35:58,680 --> 00:36:01,160 Speaker 1: print more of it, and the the value of it, 706 00:36:01,280 --> 00:36:04,239 Speaker 1: how much it buys, fluctuates wildly from month to month. Inflation, right, 707 00:36:04,840 --> 00:36:07,600 Speaker 1: all permanent relations between debtors and creditors, which form the 708 00:36:07,800 --> 00:36:12,600 Speaker 1: ultimate foundation of capitalism, becomes so utterly disordered as to 709 00:36:12,680 --> 00:36:16,480 Speaker 1: be almost meaningless. Then here's the best part. And the 710 00:36:16,680 --> 00:36:21,320 Speaker 1: process of wealth getting degenerates into a gamble and a 711 00:36:21,520 --> 00:36:24,920 Speaker 1: lottery end quote. So he told us a hun years 712 00:36:24,960 --> 00:36:27,000 Speaker 1: go the way the destroy capital system was to deboutch 713 00:36:27,000 --> 00:36:29,879 Speaker 1: the currency, destroy the currency by inflation by printing more 714 00:36:29,960 --> 00:36:33,080 Speaker 1: of it, and eventually it would destroy things so bad 715 00:36:33,200 --> 00:36:35,719 Speaker 1: that things would become so disordered that the best way 716 00:36:35,800 --> 00:36:40,560 Speaker 1: to make money would be gambling and lotteries. Basically gambling 717 00:36:42,600 --> 00:36:44,600 Speaker 1: like the record amount of job quits, so people can 718 00:36:44,600 --> 00:36:47,400 Speaker 1: go trade options on robin Hood and trade cryptocurrencies kind 719 00:36:47,440 --> 00:36:50,080 Speaker 1: of like that. Anyway, Um, hopefully that makes sense. Just 720 00:36:50,120 --> 00:36:51,960 Speaker 1: look at the money supply. That's what real inflation is. 721 00:36:52,000 --> 00:36:55,080 Speaker 1: The prices going up are the result of that. You've 722 00:36:55,080 --> 00:36:56,800 Speaker 1: been listening to the Markma Show. We're talking about the 723 00:36:56,840 --> 00:37:01,680 Speaker 1: decentralized revolution, politics, finance, and technolog plogy changing the way 724 00:37:01,880 --> 00:37:04,640 Speaker 1: the world works right now, and I'm helping you navigate it. 725 00:37:05,040 --> 00:37:06,680 Speaker 1: That's what I got here today. Thanks so much for listening.