WEBVTT - The Mark Moss Show Mar 21, 2022 0:00:00.080 --> 0:00:03.360 Hey, everyone, Welcome to another episode of The Mark Moss Show, 0:00:03.400 --> 0:00:06.880 where we are discussing all the things that are happening 0:00:06.880 --> 0:00:08.719 in the world today, trying to make sense of it, 0:00:08.880 --> 0:00:11.080 trying to bring some clarity. Of course, I'm talking about 0:00:11.680 --> 0:00:15.560 the decentralized revolution. That is, it's a revolution is changing 0:00:15.560 --> 0:00:19.520 the world. We're talking about the intersection of politics, finance, 0:00:19.960 --> 0:00:25.119 and technology and how those three things converging right now 0:00:25.160 --> 0:00:28.040 are changing the world as we know it. Of course, 0:00:28.080 --> 0:00:32.000 we're talking about bitcoin being the catalyst for this decentralized revolution. 0:00:32.320 --> 0:00:34.159 You know, when we look back throughout history, we can 0:00:34.200 --> 0:00:37.839 see that the big what we call mega political events 0:00:37.880 --> 0:00:41.240 that change the world literally change it from a feudal 0:00:41.280 --> 0:00:44.559 system to a capitalist system. You know, on and on 0:00:44.640 --> 0:00:48.520 and on. The way that we've centralized around um countries 0:00:48.520 --> 0:00:51.760 and cities and factories. All of these things have to 0:00:51.800 --> 0:00:53.800 do with technology because it changes the way that we 0:00:54.240 --> 0:00:57.720 communicate and we organize, we work, etcetera. And so you 0:00:57.760 --> 0:01:00.240 have to understand these three things together. I've been talking 0:01:00.240 --> 0:01:03.520 about for about a year and about a year on 0:01:03.560 --> 0:01:06.320 this big thesis. I'm actually writing a book for it. 0:01:06.319 --> 0:01:10.119 It'll be out one day someday soon. Um, but I'm 0:01:10.120 --> 0:01:13.520 talking about these three converging cycles. So there's a two 0:01:13.959 --> 0:01:18.120 fifty year political revolution cycle and eighty year financial revolution 0:01:18.160 --> 0:01:21.880 cycle in a fifty year technological revolution cycle, and all 0:01:22.080 --> 0:01:25.000 three of those are converging right now, which is why 0:01:25.040 --> 0:01:27.360 the world seems like it's going so crazy. If you 0:01:27.440 --> 0:01:31.280 understand those three things, then you can understand what's going 0:01:31.319 --> 0:01:34.080 on right now a little bit better, and more importantly, 0:01:34.200 --> 0:01:37.640 where the future is going now. Um, while a lot 0:01:37.680 --> 0:01:39.360 of stuff we talk about, or I should say I 0:01:39.400 --> 0:01:42.039 talk about if you watch my YouTube channel or listen 0:01:42.120 --> 0:01:45.600 to me on on the radio here in the podcast, UM, 0:01:45.720 --> 0:01:49.040 maybe it sounds like doom and gloom because there's a 0:01:49.040 --> 0:01:51.920 lot of bad things going on in the world today, 0:01:52.400 --> 0:01:54.320 But that doesn't mean I am a doom and gloomer. 0:01:54.320 --> 0:01:56.840 As a matter of fact, I have massive hope for 0:01:56.920 --> 0:01:59.320 the future. I have massive hope for my kids future, 0:01:59.440 --> 0:02:02.160 my grandkids future, um that I'll have one day. I'm 0:02:02.200 --> 0:02:05.080 not that old yet, but but it is. It is 0:02:05.120 --> 0:02:06.920 full of doom and gloom, and UM, it's important to 0:02:06.960 --> 0:02:12.360 understand what's going on in context because the future still 0:02:12.480 --> 0:02:14.600 not written, and so it's up to us to understand 0:02:14.639 --> 0:02:16.079 what's going on. So we can affect the change and 0:02:16.120 --> 0:02:17.919 we can get the future that we want. And so 0:02:18.040 --> 0:02:20.280 that's why I talk about these things every single day. 0:02:21.800 --> 0:02:26.840 My my motivating factor is taken from a quote by 0:02:26.960 --> 0:02:30.240 one of our founding fathers, Samuel Adams, and he said 0:02:30.280 --> 0:02:33.760 that it does not take a majority to prevail, but 0:02:34.000 --> 0:02:40.240 rather a small, irate minority keen on setting brush fires 0:02:40.280 --> 0:02:43.600 in the minds of men. And so that's what I'm doing. 0:02:43.680 --> 0:02:45.240 I'm trying to put out as much content as I 0:02:45.280 --> 0:02:47.400 can to continue to light these brush fires in the 0:02:47.480 --> 0:02:50.400 minds of men that you may continue to spread these 0:02:50.440 --> 0:02:53.560 brush fires onto other people. And so if you're not 0:02:53.680 --> 0:02:56.800 already tuning in every week, I encourage you to do that. 0:02:56.840 --> 0:02:58.400 If you're not driving, pull out your phone right now, 0:02:58.440 --> 0:03:00.760 put a calendar reminder for this date, this time, this channel, 0:03:01.040 --> 0:03:03.520 and make sure to tune in with me each end 0:03:03.560 --> 0:03:05.840 every week. And if you miss me, don't worry. I 0:03:05.880 --> 0:03:09.280 got you covered. Just search Mark Moss podcast, Mark Moss 0:03:09.280 --> 0:03:11.960 I Heart, and you can find my podcast and you 0:03:11.960 --> 0:03:14.840 can catch up there. Um. Of course I'm on YouTube. 0:03:14.880 --> 0:03:16.720 You can search Mark Moss on YouTube and of course 0:03:16.800 --> 0:03:19.320 on Twitter. I'm I'm too active. I shouldn't be as 0:03:19.320 --> 0:03:20.720 active as I am on there. You can find me 0:03:20.760 --> 0:03:23.520 there at the number one just at one, Mark Moss 0:03:24.520 --> 0:03:26.960 and uh at me, send me a message, let me 0:03:26.960 --> 0:03:28.959 know you heard me on the radio. Some of your questions. 0:03:28.960 --> 0:03:31.720 I'll make sure to get back to you on that. 0:03:32.320 --> 0:03:34.120 UM and if you'd like to hang out in person, 0:03:34.240 --> 0:03:36.440 I'm going to be at the Bitcoin Conference coming up 0:03:36.480 --> 0:03:39.720 in um in April. That's gonna be in Miami, and 0:03:39.760 --> 0:03:42.360 then I'm also going to be at my own conference 0:03:42.360 --> 0:03:45.160 called Market Disruptors Live, and that's going to be in 0:03:45.280 --> 0:03:48.760 May in Dallas market Disruptors Live dot com. If you 0:03:48.800 --> 0:03:51.800 want to hang out in person, I'd love to meet 0:03:51.840 --> 0:03:54.440 you in person. Uh. You know, I've been talking to 0:03:54.480 --> 0:03:57.720 a camera for so long. I'm talking to this microphone 0:03:58.160 --> 0:04:00.320 for so long, and it's great to meet the people 0:04:00.360 --> 0:04:03.080 that are on the receiving end of this content. Uh So, man, 0:04:03.120 --> 0:04:04.280 I'd love to meet you. Come out to one of 0:04:04.320 --> 0:04:07.840 those events marketstucts Live dot com or the Bitcoin Conference. UM, 0:04:08.280 --> 0:04:10.360 shake my hand and tell me what you think about 0:04:10.360 --> 0:04:12.560 the content. I'd love to hear or like I said, 0:04:12.600 --> 0:04:14.520 at me on Twitter, but I want to cover some 0:04:14.520 --> 0:04:16.159 stuff today. I got a lot of ground to cover. 0:04:16.240 --> 0:04:20.200 So um. Some big things. A couple of things. One UM, 0:04:20.240 --> 0:04:23.200 I want to talk about inflation. I know I've been 0:04:23.200 --> 0:04:25.120 talking about it a long time. I get it you've 0:04:25.120 --> 0:04:27.680 probably heard a lot about it. But I'm guessing what 0:04:27.800 --> 0:04:31.760 you've heard is probably not right. On my YouTube channel, 0:04:31.800 --> 0:04:33.680 I say that I'm trying to change the way you 0:04:33.760 --> 0:04:38.679 think about money because almost everything you've learned is wrong. 0:04:39.640 --> 0:04:41.480 And so I saw some disturbing things this week. We're 0:04:41.480 --> 0:04:45.479 gonna get into, um, a bunch of TikTok people talking 0:04:45.520 --> 0:04:50.520 about it completely wrong, and even President Joe Biden's got 0:04:50.520 --> 0:04:52.960 it completely wrong. And so I want to bring some 0:04:53.000 --> 0:04:54.960 perspective to that. I want to talk about the real 0:04:55.040 --> 0:04:57.839 cause and effect. I want to talk about what inflation 0:04:57.880 --> 0:05:00.320 really is, because everything you've been told about that is wrong. 0:05:00.400 --> 0:05:03.320 It's a lie. Um so um. When you're getting bad data, 0:05:03.400 --> 0:05:05.480 then it leads to you making bad decisions. I want 0:05:05.480 --> 0:05:07.400 to clear that up. I want to talk about the FED. 0:05:07.560 --> 0:05:12.159 Can they stop inflation? Uh? They have a plan, will 0:05:12.160 --> 0:05:15.200 it work? We'll talk about that, and then Uh, I 0:05:15.240 --> 0:05:17.559 want to I have some some data. I got some 0:05:17.560 --> 0:05:19.839 some actual numbers that I'm gonna I'm gonna lay on 0:05:19.880 --> 0:05:23.560 you to break this down. Um, as my research analyst 0:05:23.680 --> 0:05:26.320 Luke calls out, I'm gonna bring the receipts. I'm gonna 0:05:26.360 --> 0:05:28.640 show you the facts here in this case, not show 0:05:28.680 --> 0:05:30.160 them too, but I'll tell you. I'll tell them to 0:05:30.160 --> 0:05:32.600 you over the over the over the radio here. UM. 0:05:32.680 --> 0:05:35.600 So a couple of things. UM. Like I said, inflation, 0:05:35.680 --> 0:05:38.679 inflation is raging on. UM, it's not a big surprise 0:05:38.680 --> 0:05:40.000 at this point, right, We've been talking about it for 0:05:40.040 --> 0:05:42.920 over a year. UM. This week, this last week, I 0:05:42.960 --> 0:05:46.200 saw Tucker Carlson on Fox News. UM ran A ran 0:05:46.279 --> 0:05:50.600 an episode called Inflation Nation, and I think that episode 0:05:50.640 --> 0:05:54.279 had like three million views already. It's amazing that this 0:05:54.440 --> 0:05:56.240 these types of topics are getting to that big of 0:05:56.279 --> 0:05:58.279 an audience. And that's one of the things that encourages 0:05:58.360 --> 0:06:01.400 me back to these lighting brush fires. Right, UM, three 0:06:01.400 --> 0:06:04.600 million people watch that video and woke up to these facts. UM. 0:06:04.600 --> 0:06:06.599 I'm gonna continue to spread them and hopefully you'll continue 0:06:06.600 --> 0:06:09.279 to pass those on. Let's continue to spread these brush fires. 0:06:09.320 --> 0:06:12.159 But UM, this inflation Nation, it's it's not new, but 0:06:12.240 --> 0:06:15.680 we were told that when inflation was at like four Well, 0:06:15.720 --> 0:06:17.279 first of all, if we go back, you know, a 0:06:17.400 --> 0:06:19.320 year and a half ago, two years ago, we had 0:06:19.400 --> 0:06:23.080 no inflation. We we the Fed couldn't get enough inflation. 0:06:23.480 --> 0:06:25.600 As a matter of fact, inflation was like one percent, 0:06:25.720 --> 0:06:27.839 one and a half percent, and we're just trying to 0:06:27.880 --> 0:06:32.039 get more inflation, supposedly, was the thing. Um, and then um, 0:06:32.240 --> 0:06:35.520 we started getting up to three four percent inflation. And 0:06:35.560 --> 0:06:39.680 then the story changed to it's transitory. You remember that 0:06:39.760 --> 0:06:42.320 it's transitory. What does that mean. Well, it's here, but 0:06:42.360 --> 0:06:45.600 it's it's gonna go away, all right, So then it's transitory. 0:06:45.800 --> 0:06:48.479 Now this is the this is the Federal Reserve, the 0:06:48.480 --> 0:06:52.520 Central Bank of US. This was the Biden administration. Jen Sakis, 0:06:52.560 --> 0:06:57.720 Press Secretary. It was the media all claiming that inflation 0:06:58.000 --> 0:07:01.040 was transitory. And that was over a year ago. Okay, 0:07:01.120 --> 0:07:03.039 So they were admitting that it was here, that we 0:07:03.080 --> 0:07:07.960 had inflation, but it would go away. Then they pivoted to, well, 0:07:09.160 --> 0:07:12.040 maybe it's not transitory. Maybe it's here. So now it's 0:07:12.040 --> 0:07:13.720 a problem and it's not going to go away. Now 0:07:13.720 --> 0:07:18.880 it's persistent. And again this was the Biden White House administration. 0:07:19.080 --> 0:07:22.720 Jen Saki, this was the Federal Reserve. This was the 0:07:22.800 --> 0:07:26.000 media all telling you, okay, it's not just transitory. It's 0:07:26.000 --> 0:07:30.040 here to stay. And then the Fed actually came out 0:07:30.040 --> 0:07:32.120 and said, okay, shoot, we had a we had a 0:07:32.160 --> 0:07:34.600 serious problem with inflation, and now we're going to do 0:07:34.720 --> 0:07:37.600 something about it. So we are going to do two things. 0:07:38.240 --> 0:07:41.920 One we're going to start raising interest rates, and two 0:07:42.200 --> 0:07:45.640 we're going to start tapering the amount of bond buying, 0:07:45.680 --> 0:07:47.840 the amount of bond purchasing, or the amount of money 0:07:47.920 --> 0:07:51.160 monetary stimulus they're doing. So now it went from it's 0:07:51.160 --> 0:07:53.960 not we can't get enough to Okay, it's growing, but 0:07:54.000 --> 0:07:55.880 it don't worry it's gonna go away to oh shoot, 0:07:55.960 --> 0:07:58.680 it's not going to go away, to oh shoot, we 0:07:58.800 --> 0:08:01.200 better do something about it. And so we're gonna stop 0:08:02.480 --> 0:08:05.240 creating money, stop increasing them entary supply, and we're gonna 0:08:05.360 --> 0:08:11.240 raise rates. Now we're being told by Biden himself, I 0:08:11.280 --> 0:08:13.000 got a clip I'm gonna play for you in a minute. 0:08:14.080 --> 0:08:15.920 We're being told by Biden himself, we're being told by 0:08:16.040 --> 0:08:17.920 influencers on TikTok that I think the White House is 0:08:17.960 --> 0:08:22.600 putting on that it's actually Putin's fault. So how did 0:08:22.680 --> 0:08:25.160 it go from we couldn't get it to it's gonna 0:08:25.160 --> 0:08:28.520 go away to um, oh shoot, it's a problem, to oh, shoot, 0:08:28.800 --> 0:08:31.040 we better, we're gonna we're gonna make some changes now, 0:08:31.800 --> 0:08:35.600 to oh no, actually it's all Putin's fault. But Putin wasn't. 0:08:35.640 --> 0:08:40.960 They're causing problems for the last year, and it comes 0:08:40.960 --> 0:08:44.560 from a gross misunderstanding of what this is. But I'm 0:08:44.600 --> 0:08:46.640 gonna clear it up. It's actually very simple. It's actually 0:08:46.679 --> 0:08:49.880 way more simple than you might believe. They make it 0:08:50.000 --> 0:08:53.360 overly complicated so you don't understand it. I'll break that 0:08:53.400 --> 0:08:56.840 down for you. Um, and then we'll talk about, like 0:08:56.880 --> 0:08:58.560 I said, what what Biden? And what the TikToker said? 0:08:58.559 --> 0:08:59.840 I want to I want to give you a quote 0:09:00.120 --> 0:09:03.200 from Vladimir Lenin, who actually predicted this would happen about 0:09:03.200 --> 0:09:06.880 a hundred years ago. Um, and then we'll talk about 0:09:06.920 --> 0:09:08.760 can the Fed actually do something to stop it. I 0:09:08.800 --> 0:09:10.960 got a lot of stuff to cover um in this 0:09:11.080 --> 0:09:14.120 in this segment, so make sure you stick around. I'm 0:09:14.160 --> 0:09:15.760 gonna listening to the Mark Moss Show. I got a 0:09:15.760 --> 0:09:17.840 lot more about inflation. Don't go away, I'll be right back, 0:09:18.120 --> 0:09:20.320 all right, Welcome back here, listening to the Mark Moa Show, 0:09:20.320 --> 0:09:23.680 and we're talking about the intersection of politics, finance, and technology. 0:09:23.720 --> 0:09:26.400 Of course, like we do each and every week. You 0:09:26.400 --> 0:09:27.960 should know that by now, because you should be tuning 0:09:27.960 --> 0:09:30.080 in each and every week, and if you're not, put 0:09:30.120 --> 0:09:32.120 a calendar reminder on your phone so you don't miss 0:09:32.240 --> 0:09:35.640 me at all. Of course, we're talking about the decentralized revolution, 0:09:35.679 --> 0:09:38.240 the way that the world is changing right before our 0:09:38.280 --> 0:09:40.920 very eyes. Before the break, I was talking about inflation. 0:09:41.160 --> 0:09:44.720 Tucker Carlson ran something called Inflation Nation, and uh, I 0:09:44.720 --> 0:09:48.120 talked about this changing narrative. How the the Biden White House, 0:09:48.400 --> 0:09:51.800 the media, um, and even the Federal Reserve changed from 0:09:52.160 --> 0:09:54.160 we don't have inflation, we can't get inflation even if 0:09:54.240 --> 0:09:56.040 wanted it to. We have it, but it's gonna go 0:09:56.120 --> 0:09:58.520 away to oh shoot as a problem, to only oh shoot, 0:09:58.520 --> 0:10:02.199 we better do something quick you Oh it's actually it's 0:10:02.200 --> 0:10:06.679 actually Putin's fault. How how quickly that changed? Um, So 0:10:06.720 --> 0:10:08.640 I wanna talk about a couple of things now. Um, 0:10:08.720 --> 0:10:11.680 one of the biggest drivers of this is gas prices. 0:10:12.240 --> 0:10:15.960 So the media we basically think whatever they want us 0:10:15.960 --> 0:10:18.840 to think. Now, I guess I'm talking to you over 0:10:18.840 --> 0:10:20.280 the radio, So I guess I'm part of this media, 0:10:20.280 --> 0:10:23.720 But I'm not part of the establishment media. Um and 0:10:23.800 --> 0:10:28.160 really big tech you know, Twitter, Facebook, Um, et cetera, Instagram, 0:10:28.200 --> 0:10:30.719 as well as the big you know media conglomerate glomerates. 0:10:32.080 --> 0:10:34.640 They basically they you basically think whatever they want you 0:10:34.679 --> 0:10:37.960 to think. So, for example, every story could be somewhat neutral. 0:10:38.040 --> 0:10:40.520 So like, obviously there's a war going on in Ukraine. 0:10:40.960 --> 0:10:43.160 I believe that to be true. I believe that Russia 0:10:43.320 --> 0:10:45.800 is there and their soldiers there, and there's probably bombs 0:10:45.880 --> 0:10:50.360 dropping and people have died. That is like factual, I'm sure. 0:10:50.440 --> 0:10:52.000 I mean, maybe it's all fake. I don't know, but 0:10:52.000 --> 0:10:55.000 I believe it to be factual. Um. But the story 0:10:55.120 --> 0:10:57.640 that we're told about it, does the media show us 0:10:57.800 --> 0:11:01.840 pictures of kids on the street crying and dying? Or 0:11:01.880 --> 0:11:04.680 do they show us pictures of soldiers marching? Do they 0:11:04.720 --> 0:11:06.959 show us pictures of heroes? So like, what is the 0:11:07.080 --> 0:11:09.320 narrative of those facts are telling us? And that's kind 0:11:09.320 --> 0:11:11.760 of how it works, um. And so they can tell 0:11:11.840 --> 0:11:13.840 us that inflation is going away or that it's not 0:11:13.880 --> 0:11:17.160 a problem. They can hide any talk about inflation, so 0:11:17.200 --> 0:11:19.040 we don't even hear about it. They could tell us 0:11:19.080 --> 0:11:22.120 that you know, all these things, but they can't change 0:11:22.120 --> 0:11:23.520 the fact that when you go to fill up your 0:11:23.520 --> 0:11:26.360 car at the gas station, you're gonna notice it. I 0:11:26.480 --> 0:11:28.760 drive a truck, and I noticed that my price of 0:11:28.800 --> 0:11:31.679 gas doubled. In a matter of fact, UM, I can't 0:11:31.720 --> 0:11:34.000 fill up my gas tank anymore if it's not empty, 0:11:34.040 --> 0:11:37.400 because my credit card doesn't go up high enough. UM. 0:11:37.440 --> 0:11:39.640 So that's a problem, and they can't hide that fact. 0:11:39.720 --> 0:11:43.439 We know that. UM. But apparently this is all um, 0:11:43.440 --> 0:11:47.440 it's all uh Putin's fault. Or is it the greedy 0:11:47.800 --> 0:11:51.960 corporation's fault? I mean it's it's got to be somebody's fault. 0:11:51.960 --> 0:11:55.840 Anybody about Biden's right, Um, it couldn't be that. UM. 0:11:56.000 --> 0:11:59.959 The very first day he took office, the very first 0:12:00.080 --> 0:12:03.880 thing that he did was to sign an executive order, 0:12:03.920 --> 0:12:05.600 which means I'm the king, and I don't care what 0:12:05.600 --> 0:12:07.719 anybody else says or what anybody wants. I'm going to 0:12:07.840 --> 0:12:10.760 declare there's a war on oil. UM. And he shut 0:12:10.840 --> 0:12:14.560 down UM oil oil permits. UM. He also put us back, 0:12:14.559 --> 0:12:16.560 the United States, back into the Paris Accord, which means 0:12:16.600 --> 0:12:18.720 we have to bow down to global E s G narratives, 0:12:19.600 --> 0:12:24.640 global energy narratives. UM. And then he elected um uh. 0:12:25.080 --> 0:12:27.960 Samara Amarova in to be the head of the o 0:12:28.080 --> 0:12:31.000 c C, the Office of the Comptroller Current Currency, which 0:12:31.000 --> 0:12:34.079 basically runs the banks. And she didn't end up getting elected, 0:12:34.120 --> 0:12:35.880 but he nominated or he wanted her to be. And 0:12:35.920 --> 0:12:40.520 she said, quoting her that we want oil companies to 0:12:40.760 --> 0:12:46.600 go bankrupt end quote so UM. If he shuts down 0:12:46.600 --> 0:12:48.400 all their leases on day one, says that they have 0:12:48.400 --> 0:12:50.840 to be regulated the global energy standards. Day one, there's 0:12:50.840 --> 0:12:54.720 an all out assault on oil companies. He hires somebody 0:12:54.720 --> 0:12:57.000 that says, we want them to go bankrupt. What do 0:12:57.040 --> 0:12:59.240 you think those oil companies are gonna do. Do you 0:12:59.280 --> 0:13:02.440 think they're going to and you to invest into their companies? 0:13:02.640 --> 0:13:05.040 Do you think they're gonna continue to find new oil? 0:13:05.160 --> 0:13:07.720 Are they going to continue to bring more oil to supply? 0:13:08.160 --> 0:13:11.079 Why would they when they're being told that we're shutting 0:13:11.080 --> 0:13:13.000 you down and where our goal is to make you 0:13:13.000 --> 0:13:15.280 go bankrupt. Right, So you have to kind of go 0:13:15.360 --> 0:13:18.920 back to the beginning. Now, when Biden first took office, Now, 0:13:18.920 --> 0:13:21.480 when we knew, you know, when it was him versus Trump, 0:13:21.520 --> 0:13:24.200 we knew Trump was very pro energy, pro United States 0:13:24.240 --> 0:13:27.120 energy um and so um the amount of energy the 0:13:27.160 --> 0:13:30.040 United States produced, both natural gas and oil was some 0:13:30.080 --> 0:13:31.800 of the highest in the world under Trump, and we 0:13:31.880 --> 0:13:34.240 knew that Biden was going to be um hard on that. 0:13:34.320 --> 0:13:36.920 I mean he ran on that um and so um 0:13:36.960 --> 0:13:42.440 already from November of UH. In November at the election, UM, 0:13:42.559 --> 0:13:44.640 when it looked like Biden was going to take office, 0:13:44.720 --> 0:13:47.080 that the markets already started to turn. Of course, Then 0:13:47.080 --> 0:13:49.800 in January UM of twenty one, then he, you know, 0:13:49.840 --> 0:13:52.800 took office, and we can really track this through and 0:13:52.800 --> 0:13:54.600 see what happens. I'm gonna I'm wanna play I'm gonna 0:13:54.679 --> 0:13:56.560 give you some actual numbers, but I want to play 0:13:56.559 --> 0:13:58.240 this clip from You're here. I have a clip of 0:13:58.360 --> 0:14:02.640 Biden right now, UM talking about He says, make no mistake. 0:14:02.720 --> 0:14:05.199 Let's go ahead and play a qu clip. Number one. 0:14:06.200 --> 0:14:11.839 The second big reason for inflation is Vladimir Putin. From 0:14:11.880 --> 0:14:14.199 the moment he put his over a hundred and fifty 0:14:14.240 --> 0:14:18.119 thousand troops on the Ukrainian border, the price of gasoline 0:14:18.120 --> 0:14:22.680 in January went up seventy five cents mm hmm. So 0:14:22.720 --> 0:14:24.440 it's all Putin's fault, has nothing to do with him 0:14:24.480 --> 0:14:26.440 shutting down oil companies or any of that. So let's 0:14:26.480 --> 0:14:28.720 let's take a look at that. So obviously, I'm sure 0:14:28.760 --> 0:14:32.560 you're aware that the price of oil drives the price 0:14:32.600 --> 0:14:36.160 of gas. Right, let's cause an effect. So, um, we 0:14:36.200 --> 0:14:39.240 can see that Biden won the election in January or 0:14:39.760 --> 0:14:45.760 basically in November, took office in January of January. Um. 0:14:45.840 --> 0:14:49.120 And at the time when Biden won the election, oil 0:14:49.240 --> 0:14:54.000 was thirty five dollars a barrel. Since then oils rallied 0:14:54.040 --> 0:14:57.560 from thirty five all the way to over a hundred 0:14:57.640 --> 0:15:02.200 dollars a barrel. Now that was for the Russian invasion 0:15:02.240 --> 0:15:05.680 ever took place. All right, Now there's an increase of 0:15:05.680 --> 0:15:09.560 a hundred. So that was a hundred and seventy increase 0:15:09.840 --> 0:15:13.560 before the Russia and Ukraine War. Now has it gone 0:15:13.600 --> 0:15:15.080 up since? Of course it has. Yeah, it went up 0:15:15.080 --> 0:15:18.440 even higher. Um. It jumped from a hundred up to 0:15:18.640 --> 0:15:20.320 I think about a hundred and thirty and it's back 0:15:20.320 --> 0:15:23.040 down to about a hundred now. But it jumped to 0:15:23.240 --> 0:15:27.000 that price from thirty five to a hundred before the 0:15:27.080 --> 0:15:32.320 Russia of Ukraine War. So um again, Um, the markets 0:15:32.320 --> 0:15:35.720 are like what we call um discounting mechanisms, so they're 0:15:35.720 --> 0:15:38.680 trying to price events in before they happen. So you're 0:15:38.680 --> 0:15:40.800 trying to buy a stock before it goes higher, or're 0:15:40.800 --> 0:15:42.960 trying to sell a stock before it goes lower. So 0:15:43.000 --> 0:15:45.120 you're always basically betting on what the direction is. And 0:15:45.160 --> 0:15:47.960 so UM. The price of oil started going up when 0:15:47.960 --> 0:15:49.840 people knew that Biden was gonna have a war on 0:15:49.920 --> 0:15:54.000 oil and that they should start, um, you know, buying futures, 0:15:54.000 --> 0:15:56.240 and I'm preparing for it to go higher and higher. UM. 0:15:56.320 --> 0:15:58.640 The day he took office, I made a prediction that 0:15:58.680 --> 0:16:02.360 I thought gas would be ten dollars a gallon before 0:16:02.440 --> 0:16:05.240 he left office. Now the time the national average was 0:16:05.280 --> 0:16:09.200 I think about to something UM. So that was pretty 0:16:09.200 --> 0:16:11.760 big claim. There would go up like a five x UM. 0:16:11.760 --> 0:16:15.360 But here in California and Los Angeles already seven gallon, 0:16:16.000 --> 0:16:18.120 seven fifty a gallon. So all of a sudden, my 0:16:18.200 --> 0:16:20.560 ten dollar target looks like I might have way undershot 0:16:20.640 --> 0:16:23.400 that UM. But anyway, back to back to putin that 0:16:23.480 --> 0:16:26.840 he said, Uh, Biden said, putin UM as soon as 0:16:26.880 --> 0:16:29.880 he put the troops on the border. That's why gas 0:16:29.880 --> 0:16:33.000 got more expensive. And I'm here to tell you factually, no, 0:16:33.240 --> 0:16:35.520 it was thirty five bucks of barrel when he won 0:16:36.200 --> 0:16:38.200 elect when he won the election, and it was a 0:16:38.280 --> 0:16:44.800 hundred dollars of barrel the day that the invasion started increase. Um, 0:16:44.920 --> 0:16:47.320 big deal and um, like I said, oil did shoot 0:16:47.360 --> 0:16:48.880 up a little bit higher, but it's back down to 0:16:49.000 --> 0:16:51.080 about where it was at the time of the invasion. 0:16:51.800 --> 0:16:53.760 Now it is waiting for our gas to gas prices 0:16:53.840 --> 0:16:57.960 to start going back down. Um. I have one more clip. 0:16:58.000 --> 0:17:00.720 Let's go ahead and play that one. Make no mistake. 0:17:00.760 --> 0:17:03.440 Inflation is largely to fall to prutent I love you 0:17:03.480 --> 0:17:07.000 know the republic sayings Biden's gas pipeline bye bye bye. 0:17:07.040 --> 0:17:10.240 Biden said he's gonna stop the Keystone Popan pipeline and 0:17:10.359 --> 0:17:13.040 I did. Yeah, So here he is it's self admitting 0:17:13.080 --> 0:17:16.919 that he stopped the pipelines. But but there's more to it. 0:17:17.000 --> 0:17:18.919 Like I said, this is a little bit difficult to understand. 0:17:19.440 --> 0:17:21.360 I'm so I'm gonna I'm gonna unravel it for you, 0:17:21.440 --> 0:17:25.520 and then I'm gonna make it so simple that even 0:17:25.520 --> 0:17:27.760 an elementary kid could figure this out. All right, So 0:17:27.760 --> 0:17:30.320 I'm gonna unravel it. Bear with me, and then I'm 0:17:30.359 --> 0:17:35.160 gonna make it so simple now. Uh. Former Obama bizarre 0:17:35.200 --> 0:17:37.719 Steve Rattner said, it's Biden's inflation needs to own it. 0:17:38.200 --> 0:17:40.520 So people get it, but I want you to get it. 0:17:40.560 --> 0:17:42.200 So I'm gonna come back with that. I'm gonna listening 0:17:42.200 --> 0:17:44.680 to the Mark Moa Show. We're talking about this decentralized revolution, 0:17:44.760 --> 0:17:47.320 the intersection of politics, finance, and technology. Of course we're 0:17:47.320 --> 0:17:50.720 talking about bitcoin and how it's changing the world. I'm 0:17:50.720 --> 0:17:52.720 gonna come back, like I said, unravel this and make 0:17:52.760 --> 0:17:56.600 it so easy even your kids could understand it. I 0:17:56.640 --> 0:17:58.880 got a lot more to cover, so do not go away. 0:17:58.880 --> 0:18:01.560 I'll be back. All right, Welcome back. You're listening to 0:18:01.640 --> 0:18:04.880 the Mark ma Show. We're talking about the intersection of politics, finance, 0:18:04.920 --> 0:18:08.680 and technology. I call it the decentralized revolution, and it's 0:18:08.680 --> 0:18:10.880 really being led by bitcoin. It's changed in the world 0:18:10.880 --> 0:18:12.320 as we speak. And a lot of times you may 0:18:12.320 --> 0:18:14.840 not realize that bitcoin just seems like some old relic, 0:18:14.880 --> 0:18:19.040 it's some new technology, it's like digital cash whatever, and 0:18:19.080 --> 0:18:20.760 it is all those things, but it's going to be 0:18:20.800 --> 0:18:23.000 so much more, and it's really fueling a lot of 0:18:23.000 --> 0:18:25.600 what's happening today, which we're going to discuss. But we're 0:18:25.640 --> 0:18:30.239 talking right now specifically about um inflation UM specifically at 0:18:30.240 --> 0:18:32.399 this point talking about the prices of things going up 0:18:32.440 --> 0:18:36.520 and mostly your gas prices going up. I hear feel 0:18:36.520 --> 0:18:39.760 it trying to fill up my truck with gas. Um. 0:18:39.840 --> 0:18:42.280 And uh. I played some clips of Biden saying that, hey, 0:18:42.320 --> 0:18:45.760 it's not my fault, it's Putin's fault because uh, you know, 0:18:45.920 --> 0:18:48.359 the day that he put soldiers on the border went 0:18:48.440 --> 0:18:50.280 up and I laid out for actually that's not the case. 0:18:50.320 --> 0:18:52.399 It was thirty five bucks a barrel when he took office, 0:18:52.600 --> 0:18:55.480 and it was a hundred dollars nine dollars a barrel 0:18:56.040 --> 0:18:59.119 when the Russian invasion happened. It was up a hundred 0:18:59.160 --> 0:19:04.119 swo percent. Um. And you know we have him, we 0:19:04.200 --> 0:19:06.800 have Biden talking about this. I saw a clip of 0:19:07.080 --> 0:19:12.920 jen Psaki, the bidens that um, uh you know Press secretary, 0:19:13.280 --> 0:19:15.680 and she came out and said, um, you know, we 0:19:15.760 --> 0:19:18.119 know what the problem is. Um, it's not it's not 0:19:18.240 --> 0:19:21.920 the government spending this the problem. The problem is it's 0:19:21.960 --> 0:19:26.560 these oil companies. These oil companies, Um, you know, we 0:19:26.720 --> 0:19:29.320 have all these leases open, all these permits. They could 0:19:29.359 --> 0:19:32.080 just start drilling if they wanted to, and it's their 0:19:32.160 --> 0:19:34.800 fault that prices are so high because they won't come 0:19:34.880 --> 0:19:39.440 and drill. Apparently, according to her, well, um, that narrative 0:19:39.520 --> 0:19:42.520 seems to be spinning up quite a bit. UM. We 0:19:42.680 --> 0:19:45.240 saw over the last week there was a group of 0:19:45.320 --> 0:19:49.000 influencers on TikTok that seemed to maybe be put together 0:19:49.119 --> 0:19:53.000 by UM, probably by the White House, I'm guessing UM. 0:19:53.080 --> 0:19:55.280 And they said that they don't think that government spending 0:19:55.440 --> 0:19:58.200 or money printing has anything to do with inflation or 0:19:58.520 --> 0:20:02.119 the high gas price is they said, quote, it was 0:20:02.280 --> 0:20:07.800 corporations making things so expensive. It's the corporation's fault. They're 0:20:07.840 --> 0:20:11.359 the ones that raise their prices, right, it's all their fault. 0:20:11.400 --> 0:20:12.639 Let's blame it on the Why don't they just keep 0:20:12.640 --> 0:20:17.399 their prices down? Why are they causing inflation? Man? What 0:20:17.520 --> 0:20:21.560