Speaker 1: Hey, everyone, Welcome to another episode of The Mark Moss Show,
Speaker 1: where we are discussing all the things that are happening
Speaker 1: in the world today, trying to make sense of it,
Speaker 1: trying to bring some clarity. Of course, I'm talking about
Speaker 1: the decentralized revolution. That is, it's a revolution is changing
Speaker 1: the world. We're talking about the intersection of politics, finance,
Speaker 1: and technology and how those three things converging right now
Speaker 1: are changing the world as we know it. Of course,
Speaker 1: we're talking about bitcoin being the catalyst for this decentralized revolution.
Speaker 1: You know, when we look back throughout history, we can
Speaker 1: see that the big what we call mega political events
Speaker 1: that change the world literally change it from a feudal
Speaker 1: system to a capitalist system. You know, on and on
Speaker 1: and on. The way that we've centralized around um countries
Speaker 1: and cities and factories. All of these things have to
Speaker 1: do with technology because it changes the way that we
Speaker 1: communicate and we organize, we work, etcetera. And so you
Speaker 1: have to understand these three things together. I've been talking
Speaker 1: about for about a year and about a year on
Speaker 1: this big thesis. I'm actually writing a book for it.
Speaker 1: It'll be out one day someday soon. Um, but I'm
Speaker 1: talking about these three converging cycles. So there's a two
Speaker 1: fifty year political revolution cycle and eighty year financial revolution
Speaker 1: cycle in a fifty year technological revolution cycle, and all
Speaker 1: three of those are converging right now, which is why
Speaker 1: the world seems like it's going so crazy. If you
Speaker 1: understand those three things, then you can understand what's going
Speaker 1: on right now a little bit better, and more importantly,
Speaker 1: where the future is going now. Um, while a lot
Speaker 1: of stuff we talk about, or I should say I
Speaker 1: talk about if you watch my YouTube channel or listen
Speaker 1: to me on on the radio here in the podcast, UM,
Speaker 1: maybe it sounds like doom and gloom because there's a
Speaker 1: lot of bad things going on in the world today,
Speaker 1: But that doesn't mean I am a doom and gloomer.
Speaker 1: As a matter of fact, I have massive hope for
Speaker 1: the future. I have massive hope for my kids future,
Speaker 1: my grandkids future, um that I'll have one day. I'm
Speaker 1: not that old yet, but but it is. It is
Speaker 1: full of doom and gloom, and UM, it's important to
Speaker 1: understand what's going on in context because the future still
Speaker 1: not written, and so it's up to us to understand
Speaker 1: what's going on. So we can affect the change and
Speaker 1: we can get the future that we want. And so
Speaker 1: that's why I talk about these things every single day.
Speaker 1: My my motivating factor is taken from a quote by
Speaker 1: one of our founding fathers, Samuel Adams, and he said
Speaker 1: that it does not take a majority to prevail, but
Speaker 1: rather a small, irate minority keen on setting brush fires
Speaker 1: in the minds of men. And so that's what I'm doing.
Speaker 1: I'm trying to put out as much content as I
Speaker 1: can to continue to light these brush fires in the
Speaker 1: minds of men that you may continue to spread these
Speaker 1: brush fires onto other people. And so if you're not
Speaker 1: already tuning in every week, I encourage you to do that.
Speaker 1: If you're not driving, pull out your phone right now,
Speaker 1: put a calendar reminder for this date, this time, this channel,
Speaker 1: and make sure to tune in with me each end
Speaker 1: every week. And if you miss me, don't worry. I
Speaker 1: got you covered. Just search Mark Moss podcast, Mark Moss
Speaker 1: I Heart, and you can find my podcast and you
Speaker 1: can catch up there. Um. Of course I'm on YouTube.
Speaker 1: You can search Mark Moss on YouTube and of course
Speaker 1: on Twitter. I'm I'm too active. I shouldn't be as
Speaker 1: active as I am on there. You can find me
Speaker 1: there at the number one just at one, Mark Moss
Speaker 1: and uh at me, send me a message, let me
Speaker 1: know you heard me on the radio. Some of your questions.
Speaker 1: I'll make sure to get back to you on that.
Speaker 1: UM and if you'd like to hang out in person,
Speaker 1: I'm going to be at the Bitcoin Conference coming up
Speaker 1: in um in April. That's gonna be in Miami, and
Speaker 1: then I'm also going to be at my own conference
Speaker 1: called Market Disruptors Live, and that's going to be in
Speaker 1: May in Dallas market Disruptors Live dot com. If you
Speaker 1: want to hang out in person, I'd love to meet
Speaker 1: you in person. Uh. You know, I've been talking to
Speaker 1: a camera for so long. I'm talking to this microphone
Speaker 1: for so long, and it's great to meet the people
Speaker 1: that are on the receiving end of this content. Uh So, man,
Speaker 1: I'd love to meet you. Come out to one of
Speaker 1: those events marketstucts Live dot com or the Bitcoin Conference. UM,
Speaker 1: shake my hand and tell me what you think about
Speaker 1: the content. I'd love to hear or like I said,
Speaker 1: at me on Twitter, but I want to cover some
Speaker 1: stuff today. I got a lot of ground to cover.
Speaker 1: So um. Some big things. A couple of things. One UM,
Speaker 1: I want to talk about inflation. I know I've been
Speaker 1: talking about it a long time. I get it you've
Speaker 1: probably heard a lot about it. But I'm guessing what
Speaker 1: you've heard is probably not right. On my YouTube channel,
Speaker 1: I say that I'm trying to change the way you
Speaker 1: think about money because almost everything you've learned is wrong.
Speaker 1: And so I saw some disturbing things this week. We're
Speaker 1: gonna get into, um, a bunch of TikTok people talking
Speaker 1: about it completely wrong, and even President Joe Biden's got
Speaker 1: it completely wrong. And so I want to bring some
Speaker 1: perspective to that. I want to talk about the real
Speaker 1: cause and effect. I want to talk about what inflation
Speaker 1: really is, because everything you've been told about that is wrong.
Speaker 1: It's a lie. Um so um. When you're getting bad data,
Speaker 1: then it leads to you making bad decisions. I want
Speaker 1: to clear that up. I want to talk about the FED.
Speaker 1: Can they stop inflation? Uh? They have a plan, will
Speaker 1: it work? We'll talk about that, and then Uh, I
Speaker 1: want to I have some some data. I got some
Speaker 1: some actual numbers that I'm gonna I'm gonna lay on
Speaker 1: you to break this down. Um, as my research analyst
Speaker 1: Luke calls out, I'm gonna bring the receipts. I'm gonna
Speaker 1: show you the facts here in this case, not show
Speaker 1: them too, but I'll tell you. I'll tell them to
Speaker 1: you over the over the over the radio here. UM.
Speaker 1: So a couple of things. UM. Like I said, inflation,
Speaker 1: inflation is raging on. UM, it's not a big surprise
Speaker 1: at this point, right, We've been talking about it for
Speaker 1: over a year. UM. This week, this last week, I
Speaker 1: saw Tucker Carlson on Fox News. UM ran A ran
Speaker 1: an episode called Inflation Nation, and I think that episode
Speaker 1: had like three million views already. It's amazing that this
Speaker 1: these types of topics are getting to that big of
Speaker 1: an audience. And that's one of the things that encourages
Speaker 1: me back to these lighting brush fires. Right, UM, three
Speaker 1: million people watch that video and woke up to these facts. UM.
Speaker 1: I'm gonna continue to spread them and hopefully you'll continue
Speaker 1: to pass those on. Let's continue to spread these brush fires.
Speaker 1: But UM, this inflation Nation, it's it's not new, but
Speaker 1: we were told that when inflation was at like four Well,
Speaker 1: first of all, if we go back, you know, a
Speaker 1: year and a half ago, two years ago, we had
Speaker 1: no inflation. We we the Fed couldn't get enough inflation.
Speaker 1: As a matter of fact, inflation was like one percent,
Speaker 1: one and a half percent, and we're just trying to
Speaker 1: get more inflation, supposedly, was the thing. Um, and then um,
Speaker 1: we started getting up to three four percent inflation. And
Speaker 1: then the story changed to it's transitory. You remember that
Speaker 1: it's transitory. What does that mean. Well, it's here, but
Speaker 1: it's it's gonna go away, all right, So then it's transitory.
Speaker 1: Now this is the this is the Federal Reserve, the
Speaker 1: Central Bank of US. This was the Biden administration. Jen Sakis,
Speaker 1: Press Secretary. It was the media all claiming that inflation
Speaker 1: was transitory. And that was over a year ago. Okay,
Speaker 1: So they were admitting that it was here, that we
Speaker 1: had inflation, but it would go away. Then they pivoted to, well,
Speaker 1: maybe it's not transitory. Maybe it's here. So now it's
Speaker 1: a problem and it's not going to go away. Now
Speaker 1: it's persistent. And again this was the Biden White House administration.
Speaker 1: Jen Saki, this was the Federal Reserve. This was the
Speaker 1: media all telling you, okay, it's not just transitory. It's
Speaker 1: here to stay. And then the Fed actually came out
Speaker 1: and said, okay, shoot, we had a we had a
Speaker 1: serious problem with inflation, and now we're going to do
Speaker 1: something about it. So we are going to do two things.
Speaker 1: One we're going to start raising interest rates, and two
Speaker 1: we're going to start tapering the amount of bond buying,
Speaker 1: the amount of bond purchasing, or the amount of money
Speaker 1: monetary stimulus they're doing. So now it went from it's
Speaker 1: not we can't get enough to Okay, it's growing, but
Speaker 1: it don't worry it's gonna go away to oh shoot,
Speaker 1: it's not going to go away, to oh shoot, we
Speaker 1: better do something about it. And so we're gonna stop
Speaker 1: creating money, stop increasing them entary supply, and we're gonna
Speaker 1: raise rates. Now we're being told by Biden himself, I
Speaker 1: got a clip I'm gonna play for you in a minute.
Speaker 1: We're being told by Biden himself, we're being told by
Speaker 1: influencers on TikTok that I think the White House is
Speaker 1: putting on that it's actually Putin's fault. So how did
Speaker 1: it go from we couldn't get it to it's gonna
Speaker 1: go away to um, oh shoot, it's a problem, to oh, shoot,
Speaker 1: we better, we're gonna we're gonna make some changes now,
Speaker 1: to oh no, actually it's all Putin's fault. But Putin wasn't.
Speaker 1: They're causing problems for the last year, and it comes
Speaker 1: from a gross misunderstanding of what this is. But I'm
Speaker 1: gonna clear it up. It's actually very simple. It's actually
Speaker 1: way more simple than you might believe. They make it
Speaker 1: overly complicated so you don't understand it. I'll break that
Speaker 1: down for you. Um, and then we'll talk about, like
Speaker 1: I said, what what Biden? And what the TikToker said?
Speaker 1: I want to I want to give you a quote
Speaker 1: from Vladimir Lenin, who actually predicted this would happen about
Speaker 1: a hundred years ago. Um, and then we'll talk about
Speaker 1: can the Fed actually do something to stop it. I
Speaker 1: got a lot of stuff to cover um in this
Speaker 1: in this segment, so make sure you stick around. I'm
Speaker 1: gonna listening to the Mark Moss Show. I got a
Speaker 1: lot more about inflation. Don't go away, I'll be right back,
Speaker 1: all right, Welcome back here, listening to the Mark Moa Show,
Speaker 1: and we're talking about the intersection of politics, finance, and technology.
Speaker 1: Of course, like we do each and every week. You
Speaker 1: should know that by now, because you should be tuning
Speaker 1: in each and every week, and if you're not, put
Speaker 1: a calendar reminder on your phone so you don't miss
Speaker 1: me at all. Of course, we're talking about the decentralized revolution,
Speaker 1: the way that the world is changing right before our
Speaker 1: very eyes. Before the break, I was talking about inflation.
Speaker 1: Tucker Carlson ran something called Inflation Nation, and uh, I
Speaker 1: talked about this changing narrative. How the the Biden White House,
Speaker 1: the media, um, and even the Federal Reserve changed from
Speaker 1: we don't have inflation, we can't get inflation even if
Speaker 1: wanted it to. We have it, but it's gonna go
Speaker 1: away to oh shoot as a problem, to only oh shoot,
Speaker 1: we better do something quick you Oh it's actually it's
Speaker 1: actually Putin's fault. How how quickly that changed? Um, So
Speaker 1: I wanna talk about a couple of things now. Um,
Speaker 1: one of the biggest drivers of this is gas prices.
Speaker 1: So the media we basically think whatever they want us
Speaker 1: to think. Now, I guess I'm talking to you over
Speaker 1: the radio, So I guess I'm part of this media,
Speaker 1: But I'm not part of the establishment media. Um and
Speaker 1: really big tech you know, Twitter, Facebook, Um, et cetera, Instagram,
Speaker 1: as well as the big you know media conglomerate glomerates.
Speaker 1: They basically they you basically think whatever they want you
Speaker 1: to think. So, for example, every story could be somewhat neutral.
Speaker 1: So like, obviously there's a war going on in Ukraine.
Speaker 1: I believe that to be true. I believe that Russia
Speaker 1: is there and their soldiers there, and there's probably bombs
Speaker 1: dropping and people have died. That is like factual, I'm sure.
Speaker 1: I mean, maybe it's all fake. I don't know, but
Speaker 1: I believe it to be factual. Um. But the story
Speaker 1: that we're told about it, does the media show us
Speaker 1: pictures of kids on the street crying and dying? Or
Speaker 1: do they show us pictures of soldiers marching? Do they
Speaker 1: show us pictures of heroes? So like, what is the
Speaker 1: narrative of those facts are telling us? And that's kind
Speaker 1: of how it works, um. And so they can tell
Speaker 1: us that inflation is going away or that it's not
Speaker 1: a problem. They can hide any talk about inflation, so
Speaker 1: we don't even hear about it. They could tell us
Speaker 1: that you know, all these things, but they can't change
Speaker 1: the fact that when you go to fill up your
Speaker 1: car at the gas station, you're gonna notice it. I
Speaker 1: drive a truck, and I noticed that my price of
Speaker 1: gas doubled. In a matter of fact, UM, I can't
Speaker 1: fill up my gas tank anymore if it's not empty,
Speaker 1: because my credit card doesn't go up high enough. UM.
Speaker 1: So that's a problem, and they can't hide that fact.
Speaker 1: We know that. UM. But apparently this is all um,
Speaker 1: it's all uh Putin's fault. Or is it the greedy
Speaker 1: corporation's fault? I mean it's it's got to be somebody's fault.
Speaker 1: Anybody about Biden's right, Um, it couldn't be that. UM.
Speaker 1: The very first day he took office, the very first
Speaker 1: thing that he did was to sign an executive order,
Speaker 1: which means I'm the king, and I don't care what
Speaker 1: anybody else says or what anybody wants. I'm going to
Speaker 1: declare there's a war on oil. UM. And he shut
Speaker 1: down UM oil oil permits. UM. He also put us back,
Speaker 1: the United States, back into the Paris Accord, which means
Speaker 1: we have to bow down to global E s G narratives,
Speaker 1: global energy narratives. UM. And then he elected um uh.
Speaker 1: Samara Amarova in to be the head of the o
Speaker 1: c C, the Office of the Comptroller Current Currency, which
Speaker 1: basically runs the banks. And she didn't end up getting elected,
Speaker 1: but he nominated or he wanted her to be. And
Speaker 1: she said, quoting her that we want oil companies to
Speaker 1: go bankrupt end quote so UM. If he shuts down
Speaker 1: all their leases on day one, says that they have
Speaker 1: to be regulated the global energy standards. Day one, there's
Speaker 1: an all out assault on oil companies. He hires somebody
Speaker 1: that says, we want them to go bankrupt. What do
Speaker 1: you think those oil companies are gonna do. Do you
Speaker 1: think they're going to and you to invest into their companies?
Speaker 1: Do you think they're gonna continue to find new oil?
Speaker 1: Are they going to continue to bring more oil to supply?
Speaker 1: Why would they when they're being told that we're shutting
Speaker 1: you down and where our goal is to make you
Speaker 1: go bankrupt. Right, So you have to kind of go
Speaker 1: back to the beginning. Now, when Biden first took office, Now,
Speaker 1: when we knew, you know, when it was him versus Trump,
Speaker 1: we knew Trump was very pro energy, pro United States
Speaker 1: energy um and so um the amount of energy the
Speaker 1: United States produced, both natural gas and oil was some
Speaker 1: of the highest in the world under Trump, and we
Speaker 1: knew that Biden was going to be um hard on that.
Speaker 1: I mean he ran on that um and so um
Speaker 1: already from November of UH. In November at the election, UM,
Speaker 1: when it looked like Biden was going to take office,
Speaker 1: that the markets already started to turn. Of course, Then
Speaker 1: in January UM of twenty one, then he, you know,
Speaker 1: took office, and we can really track this through and
Speaker 1: see what happens. I'm gonna I'm wanna play I'm gonna
Speaker 1: give you some actual numbers, but I want to play
Speaker 1: this clip from You're here. I have a clip of
Speaker 1: Biden right now, UM talking about He says, make no mistake.
Speaker 1: Let's go ahead and play a qu clip. Number one.
Speaker 1: The second big reason for inflation is Vladimir Putin. From
Speaker 1: the moment he put his over a hundred and fifty
Speaker 1: thousand troops on the Ukrainian border, the price of gasoline
Speaker 1: in January went up seventy five cents mm hmm. So
Speaker 1: it's all Putin's fault, has nothing to do with him
Speaker 1: shutting down oil companies or any of that. So let's
Speaker 1: let's take a look at that. So obviously, I'm sure
Speaker 1: you're aware that the price of oil drives the price
Speaker 1: of gas. Right, let's cause an effect. So, um, we
Speaker 1: can see that Biden won the election in January or
Speaker 1: basically in November, took office in January of January. Um.
Speaker 1: And at the time when Biden won the election, oil
Speaker 1: was thirty five dollars a barrel. Since then oils rallied
Speaker 1: from thirty five all the way to over a hundred
Speaker 1: dollars a barrel. Now that was for the Russian invasion
Speaker 1: ever took place. All right, Now there's an increase of
Speaker 1: a hundred. So that was a hundred and seventy increase
Speaker 1: before the Russia and Ukraine War. Now has it gone
Speaker 1: up since? Of course it has. Yeah, it went up
Speaker 1: even higher. Um. It jumped from a hundred up to
Speaker 1: I think about a hundred and thirty and it's back
Speaker 1: down to about a hundred now. But it jumped to
Speaker 1: that price from thirty five to a hundred before the
Speaker 1: Russia of Ukraine War. So um again, Um, the markets
Speaker 1: are like what we call um discounting mechanisms, so they're
Speaker 1: trying to price events in before they happen. So you're
Speaker 1: trying to buy a stock before it goes higher, or're
Speaker 1: trying to sell a stock before it goes lower. So
Speaker 1: you're always basically betting on what the direction is. And
Speaker 1: so UM. The price of oil started going up when
Speaker 1: people knew that Biden was gonna have a war on
Speaker 1: oil and that they should start, um, you know, buying futures,
Speaker 1: and I'm preparing for it to go higher and higher. UM.
Speaker 1: The day he took office, I made a prediction that
Speaker 1: I thought gas would be ten dollars a gallon before
Speaker 1: he left office. Now the time the national average was
Speaker 1: I think about to something UM. So that was pretty
Speaker 1: big claim. There would go up like a five x UM.
Speaker 1: But here in California and Los Angeles already seven gallon,
Speaker 1: seven fifty a gallon. So all of a sudden, my
Speaker 1: ten dollar target looks like I might have way undershot
Speaker 1: that UM. But anyway, back to back to putin that
Speaker 1: he said, Uh, Biden said, putin UM as soon as
Speaker 1: he put the troops on the border. That's why gas
Speaker 1: got more expensive. And I'm here to tell you factually, no,
Speaker 1: it was thirty five bucks of barrel when he won
Speaker 1: elect when he won the election, and it was a
Speaker 1: hundred dollars of barrel the day that the invasion started increase. Um,
Speaker 1: big deal and um, like I said, oil did shoot
Speaker 1: up a little bit higher, but it's back down to
Speaker 1: about where it was at the time of the invasion.
Speaker 1: Now it is waiting for our gas to gas prices
Speaker 1: to start going back down. Um. I have one more clip.
Speaker 1: Let's go ahead and play that one. Make no mistake.
Speaker 1: Inflation is largely to fall to prutent I love you
Speaker 1: know the republic sayings Biden's gas pipeline bye bye bye.
Speaker 1: Biden said he's gonna stop the Keystone Popan pipeline and
Speaker 1: I did. Yeah, So here he is it's self admitting
Speaker 1: that he stopped the pipelines. But but there's more to it.
Speaker 1: Like I said, this is a little bit difficult to understand.
Speaker 1: I'm so I'm gonna I'm gonna unravel it for you,
Speaker 1: and then I'm gonna make it so simple that even
Speaker 1: an elementary kid could figure this out. All right, So
Speaker 1: I'm gonna unravel it. Bear with me, and then I'm
Speaker 1: gonna make it so simple now. Uh. Former Obama bizarre
Speaker 1: Steve Rattner said, it's Biden's inflation needs to own it.
Speaker 1: So people get it, but I want you to get it.
Speaker 1: So I'm gonna come back with that. I'm gonna listening
Speaker 1: to the Mark Moa Show. We're talking about this decentralized revolution,
Speaker 1: the intersection of politics, finance, and technology. Of course we're
Speaker 1: talking about bitcoin and how it's changing the world. I'm
Speaker 1: gonna come back, like I said, unravel this and make
Speaker 1: it so easy even your kids could understand it. I
Speaker 1: got a lot more to cover, so do not go away.
Speaker 1: I'll be back. All right, Welcome back. You're listening to
Speaker 1: the Mark ma Show. We're talking about the intersection of politics, finance,
Speaker 1: and technology. I call it the decentralized revolution, and it's
Speaker 1: really being led by bitcoin. It's changed in the world
Speaker 1: as we speak. And a lot of times you may
Speaker 1: not realize that bitcoin just seems like some old relic,
Speaker 1: it's some new technology, it's like digital cash whatever, and
Speaker 1: it is all those things, but it's going to be
Speaker 1: so much more, and it's really fueling a lot of
Speaker 1: what's happening today, which we're going to discuss. But we're
Speaker 1: talking right now specifically about um inflation UM specifically at
Speaker 1: this point talking about the prices of things going up
Speaker 1: and mostly your gas prices going up. I hear feel
Speaker 1: it trying to fill up my truck with gas. Um.
Speaker 1: And uh. I played some clips of Biden saying that, hey,
Speaker 1: it's not my fault, it's Putin's fault because uh, you know,
Speaker 1: the day that he put soldiers on the border went
Speaker 1: up and I laid out for actually that's not the case.
Speaker 1: It was thirty five bucks a barrel when he took office,
Speaker 1: and it was a hundred dollars nine dollars a barrel
Speaker 1: when the Russian invasion happened. It was up a hundred
Speaker 1: swo percent. Um. And you know we have him, we
Speaker 1: have Biden talking about this. I saw a clip of
Speaker 1: jen Psaki, the bidens that um, uh you know Press secretary,
Speaker 1: and she came out and said, um, you know, we
Speaker 1: know what the problem is. Um, it's not it's not
Speaker 1: the government spending this the problem. The problem is it's
Speaker 1: these oil companies. These oil companies, Um, you know, we
Speaker 1: have all these leases open, all these permits. They could
Speaker 1: just start drilling if they wanted to, and it's their
Speaker 1: fault that prices are so high because they won't come
Speaker 1: and drill. Apparently, according to her, well, um, that narrative
Speaker 1: seems to be spinning up quite a bit. UM. We
Speaker 1: saw over the last week there was a group of
Speaker 1: influencers on TikTok that seemed to maybe be put together
Speaker 1: by UM, probably by the White House, I'm guessing UM.
Speaker 1: And they said that they don't think that government spending
Speaker 1: or money printing has anything to do with inflation or
Speaker 1: the high gas price is they said, quote, it was
Speaker 1: corporations making things so expensive. It's the corporation's fault. They're
Speaker 1: the ones that raise their prices, right, it's all their fault.
Speaker 1: Let's blame it on the Why don't they just keep
Speaker 1: their prices down? Why are they causing inflation? Man? What
Speaker 1: a failure of our education system of people honestly believe that. Um.
Speaker 1: On top of that, we saw UM a group of
Speaker 1: Democrats has worked to submit a bill to create massive, massive,
Speaker 1: massive taxes on oil companies on their profits. They want
Speaker 1: to take up to fifty of their profits and then
Speaker 1: somehow redistribute them back to everybody, or well not everybody.
Speaker 1: You know, if you make under steventy five dollars a year,
Speaker 1: So that's what taxes are. Taxes are for redistribution. UM.
Speaker 1: But they want to take away profits. So, um is
Speaker 1: it that businesses are greedy? Um? Is it? Like Jen
Speaker 1: Psaki says that they just they could go get the oil,
Speaker 1: they just don't want to. Well, why don't they want to?
Speaker 1: I mean they're in the business to produce oil. If
Speaker 1: they could produce oil, don't you think they would? I
Speaker 1: mean the goal of a business is to expand and
Speaker 1: grow the business and produce profits. So if like she says,
Speaker 1: that there's just there's all this land and all these
Speaker 1: permits available, they just they just won't do it. Why
Speaker 1: wouldn't they mean don't they want to make money? Isn't
Speaker 1: that the goal? I mean, don't they have shareholders that
Speaker 1: demand they make money. I've been an energy of investor
Speaker 1: for over a decade. I invest in lots of oil
Speaker 1: companies and I want those investments to go make as
Speaker 1: much money as possible. That's why I own them. So if,
Speaker 1: like Jen Psaki said, if they could just go do this,
Speaker 1: then why aren't they Well because they can't do it profitably.
Speaker 1: They can't do it profitably. Now you might uh might
Speaker 1: not remember, you might not know, you might not have
Speaker 1: been paying attention. But um, the last year was very
Speaker 1: difficult for oil companies UM. In March, the price of
Speaker 1: barrel barrel of oil dropped below it was negative thirty
Speaker 1: five dollars. Now, I was actually working on a new deal.
Speaker 1: I was building on a bitcoin mining company with on
Speaker 1: in conjunction UM as a subsidiary company of a publicly
Speaker 1: traded oil company at the time, out of out of Texas,
Speaker 1: out of Dallas, Texas and uh Man. We were so close.
Speaker 1: We had everything done, all the legal was done, we
Speaker 1: were on the road, we were raising money. And right
Speaker 1: when that happened March, it drove the price of the
Speaker 1: oil down solo that the company went bankrupt. UM lots
Speaker 1: of companies went bankrupt. The entire oil industry was completely shattered,
Speaker 1: shaking up. Lots of companies went broke. The ones that
Speaker 1: did hang on still suffered greatly, right, and so they're
Speaker 1: still licking their wounds from this. Now. As a business owner,
Speaker 1: I mean you're with it for better or worse. As
Speaker 1: a business owner, A lot of people don't understand this,
Speaker 1: but your employees get paid before the owner does in
Speaker 1: a in a situation like that, these companies lost millions
Speaker 1: or collectively billions of dollars through that period. But you
Speaker 1: know they stomached it. They held on the investors. Poe
Speaker 1: need up more cash because they believe that the future
Speaker 1: they could get those profits back. So they lost a
Speaker 1: bunch of money and now they're trying to get some
Speaker 1: profits back. But that's a problem. That's a problem. How
Speaker 1: dare these companies make a profit? Let's tax all their
Speaker 1: money away, and so what do you think is gonna happen?
Speaker 1: These oil companies don't want to go get more oil.
Speaker 1: They don't want to bring it to the market. In addition,
Speaker 1: as you heard about you heard from that previous clip
Speaker 1: last at the last segment, Biden talking about shutting down
Speaker 1: the pipeline. So let's think about this. So if we
Speaker 1: had a pipeline, then the oil could just flow through
Speaker 1: the pipeline and that's basically free and and it's a
Speaker 1: mission free. So for all of these carbon hysterics that
Speaker 1: believe that this carbon output is is killing the world,
Speaker 1: imagine all these trucks driving up and down across the
Speaker 1: country releasing more carbon. Wouldn't it make more sense to
Speaker 1: put it in a pipeline and let it flow. So
Speaker 1: that's good for the environment. In addition to that, um
Speaker 1: if gas prices go higher, and trucks have to drive
Speaker 1: thousands of miles to deliver the oil. Wouldn't that increase
Speaker 1: the cost? Would in a way to bring that cost
Speaker 1: down would be to actually just put it in a pipeline. No,
Speaker 1: but they canceled that. Never mind that, so never mind
Speaker 1: the environment, Uh, never mind the prices will just shut
Speaker 1: all that down as well, and it and it really
Speaker 1: goes back into them not understanding how this works at all.
Speaker 1: It's the corporations that are greeting they're charging too much.
Speaker 1: Now this tax, they say, it's only going to be
Speaker 1: applied to the top thirty percent of companies, the really
Speaker 1: big companies. The seventy percent of companies are under that
Speaker 1: threshold and it won't really affect them. But think about
Speaker 1: this competition. If we if we truly lived in a
Speaker 1: free market, well, then if seventy percent of the market
Speaker 1: isn't gonna be regulated, wouldn't they be keeping the in check.
Speaker 1: So let's say the third percent said, nope, we're gonna
Speaker 1: we're gonna gouge everybody. We're gonna quadruple our prices so
Speaker 1: we can just make these crazy profits. But the seventy
Speaker 1: percent of smaller companies are going to sell for cheaper.
Speaker 1: You can't raise your prices crazy amount when you have
Speaker 1: people offering the same thing. Now that's for commodity services. Obviously,
Speaker 1: a Gucci purse or a Loop Vatan purse can sell
Speaker 1: for way more than a no name per set, you know,
Speaker 1: Walmart um. But that's that's because of the brand. That's
Speaker 1: a premium brand. But in a commodity like oil um,
Speaker 1: you don't have that. And so whether I'm buying my
Speaker 1: oil from Shell or BP, or I'm buying it from
Speaker 1: X y Z small company, it doesn't matter to me.
Speaker 1: It's just oil. And so these companies, these they don't
Speaker 1: control the market. If they're if they're if they're raising
Speaker 1: their prices some order absorbing you know, crazy amount, these
Speaker 1: small companies are going to keep them in check. So
Speaker 1: it's a it's a full misunderstanding of how business works.
Speaker 1: And of course, of course it is right. None of
Speaker 1: these politicians have ever spent one day in the real world.
Speaker 1: They've probably never had to balance their budgets at home.
Speaker 1: They've they've never had to deal with a business, and
Speaker 1: they have no idea how it works. They have no
Speaker 1: idea that businesses actually lose money. In the hopes of
Speaker 1: one day making it back. They have no idea that
Speaker 1: it's actually the hope of making a profit that even
Speaker 1: gets them to start the business in the first place.
Speaker 1: Nobody would start a business if there wasn't hopes of
Speaker 1: making a profit. That's the whole point. And sometimes my profits,
Speaker 1: sometimes I have no profits, sometimes I lose money, and
Speaker 1: sometimes I make big profits. And hopefully at some point
Speaker 1: and evens out. And if I could sell the oil
Speaker 1: for cheaper as somebody else would, and that competition would
Speaker 1: force me to lower my prices, that's the way this works,
Speaker 1: all right. Now, Now that I've said all that, I
Speaker 1: want to explain to the very easy way, the very
Speaker 1: easy definition, the easy way to understand what inflation is.
Speaker 1: Because they've got you all confused, and and I don't
Speaker 1: blame you. I don't blame you. That's what that's what
Speaker 1: school has done to you. So I want to show
Speaker 1: you the easy way, and I'm gonna show you with
Speaker 1: some more actual, factual numbers to explain this for you.
Speaker 1: And then I'm gonna go back to a quote about
Speaker 1: a hundred years ago that UM basically said this was
Speaker 1: going to happen, all right, UM, And then later we're
Speaker 1: gonna talk about UM. Like I said, can the Fed
Speaker 1: do anything to stop this? And the Biden administration do
Speaker 1: anything to stop this? Then what should you be doing
Speaker 1: to prepare? I got a lot more to cover, um
Speaker 1: in a short amount of time. You're listening to the
Speaker 1: Mark Moa Show. We're talking about the converging cycles of politics, finance,
Speaker 1: and technology all coming together. We're talking about this decentralized
Speaker 1: revolution that is changing the world right before our very nice. Um.
Speaker 1: It's scary, it's uncertain, but it's also exciting. History books
Speaker 1: will be written about this period of time, and I'm
Speaker 1: here to bring it all to you in context so
Speaker 1: it makes sense and you know how to navigate it.
Speaker 1: I got a lot more when I come back. Don't
Speaker 1: go away, all right, Welcome back. You're listening to the
Speaker 1: markma Show and we're talking about the converging cycles of politics, technology,
Speaker 1: and finance all coming together. It's being caused by this
Speaker 1: decentralized revolution that is happening right now. It's being fueled
Speaker 1: by the catalyst that is bitcoin. And I get it.
Speaker 1: The whole world's crazy right now, UM, and it's crazy
Speaker 1: because of these events happening right now. But it's actually
Speaker 1: not that crazy when you understand it, which is what
Speaker 1: I'm trying to break down to you each and every week.
Speaker 1: So make sure you don't miss a show or you
Speaker 1: could miss something big. Now, before the break, I was
Speaker 1: talking about what we've been talking about, prices going crazy,
Speaker 1: UM inflation, the government's number inflation being super high. We're
Speaker 1: talking about gas prices being super high. We're talking about how, uh,
Speaker 1: the media or the White House and social media doesn't
Speaker 1: want you to understand the real causes. Biden said, it's
Speaker 1: not my fault, it's Putin's fault. And then I kind
Speaker 1: of gave you the numbers to show that's not the case.
Speaker 1: Talked about how some TikTok influencers are trying to kind
Speaker 1: of explain, um, that it's these greedy businesses charging too much.
Speaker 1: And Jen Saki from the White House says that, um,
Speaker 1: there's plenty of oils the oil companies could get in
Speaker 1: the US if they just wanted to go get it,
Speaker 1: but they don't. UM. She doesn't say why they don't. UM.
Speaker 1: I guess she doesn't understand that there to make a
Speaker 1: profit and if they could, they would, but they can't,
Speaker 1: so they don't Um, you've probably heard that saying before. Um,
Speaker 1: But like I said, these are these they seem like
Speaker 1: complex subjects, but they're really easy to understand. So let
Speaker 1: me just break this down for you. Simply, Inflation isn't
Speaker 1: prices going up. Prices going up is the cause of inflation,
Speaker 1: and prices go up different. So the price of a
Speaker 1: home on Lake Travis outside of Austin, Texas went up
Speaker 1: a hundred and fifty percent. That was inflation on a
Speaker 1: home there. The price increase on a home there where
Speaker 1: maybe in Middle America, in in Missouri or Arkansas, homes
Speaker 1: went up seven See, so inflation is not the same. Um.
Speaker 1: If I just live in my parents basement and watch
Speaker 1: Netflix and eat eat frozen meals all day, inflation barely
Speaker 1: affects me. Or if I'm trying to send my daughter
Speaker 1: to college and buy a new house in southern California,
Speaker 1: inflation impacts me massively. So inflation is different depending on
Speaker 1: who we are, and impacts is all different. Prices are
Speaker 1: different everywhere. There's trillions of inputs as to why prices
Speaker 1: may go up. So obviously, with the Russia War, we
Speaker 1: don't have enough oil coming onto the market. That's the
Speaker 1: supply goes down, it pushes up the price of oil
Speaker 1: go up. Um. You know we've heard about We've heard
Speaker 1: about supply chains breaking down in the United States, ships
Speaker 1: being off the coast of California, they can't get on loaded.
Speaker 1: Supply chains are causing prices to go up. All these things, Okay,
Speaker 1: but again, prices going up is the result of inflation.
Speaker 1: They are not inflation on their own. So what's inflation.
Speaker 1: We'll imagine a balloon. If I was going to inflate
Speaker 1: the balloon, what would I be doing. I'd be blowing air.
Speaker 1: I'd be adding air to that balloon. I'd be increasing
Speaker 1: the volume, increasing the the volume of that air, which
Speaker 1: then makes the balloon get bigger. So prices don't go
Speaker 1: up in volume. M. What happens is the money supply
Speaker 1: does when you increase the monetary supply the amount of
Speaker 1: dollars in existence. That's what inflation is. This is from
Speaker 1: the Austrian economics viewpoint. If you've never heard about Austrian economics, Um,
Speaker 1: then you're really missing out and you're really not understanding
Speaker 1: what's going on in the world. Uh. Schools want to
Speaker 1: teach you about what's called typically Kinsian economics um, and
Speaker 1: it's all wrong. So from an Austrian viewpoint, they say
Speaker 1: that it's always about the money supply. When you increase
Speaker 1: the money supply, um, then you have more money chasing
Speaker 1: the same amount of goods and services. Remember, money isn't wealth.
Speaker 1: Money measures wealth. Money helps us acquire wealth, it's not
Speaker 1: wealth itself. If I was on a deserted island with
Speaker 1: a billion dollars of cash, a billion dollars of gold,
Speaker 1: and a billion dollars a bitcoin, but I had nowhere
Speaker 1: to spend that money. I had no food, no vote,
Speaker 1: no cell phone, no nothing, that money is worthless to me.
Speaker 1: It's only worth something to me in in as far
Speaker 1: as I can buy goods and services. So if we
Speaker 1: have more money chasing the same goods and services, prices
Speaker 1: go up. That's what happens. And so that's exactly what happened.
Speaker 1: We saw inflation was one two percent in November when
Speaker 1: Biden won the election. It's at eight percent today, So
Speaker 1: from one percent to eight percent, But again that was
Speaker 1: what they with the government measures as inflation. But we
Speaker 1: have to go back and look at the money supply,
Speaker 1: all right, that's the thing that we have to look
Speaker 1: at and so we can see that the money supply,
Speaker 1: the amount of money in circulation, and the dollars in
Speaker 1: circulation went from I went up about thirty five. So
Speaker 1: when you increase the money supply by that money goes
Speaker 1: into different goods and services at uneven rates. So nationally,
Speaker 1: home prices were up about. Nationally used cars were up about.
Speaker 1: But that's nationally, that's averaged out of course, in some
Speaker 1: areas they went up way more. In some areas they
Speaker 1: went down more. And then it starts to create all
Speaker 1: types of other distortions throughout the market. So then we
Speaker 1: have all this money sloshing around the system, which so
Speaker 1: then a lot of money goes into these assets asset prices.
Speaker 1: So then we see, you know, houses going up, we
Speaker 1: see stocks going up. People are now have all this
Speaker 1: extra money, so then stocks are going up. And then
Speaker 1: so then people want to start trading options on robin hood,
Speaker 1: and they want to start trading cryptocurrencies. And at the
Speaker 1: end of last year we had the record amount of
Speaker 1: jobs it's ever in history. That means people quitting their jobs.
Speaker 1: And why were they quitting their jobs because they could
Speaker 1: make more money trading options on robin hood or trading
Speaker 1: cryptocurrencies well, and what does that do? Well? That causes
Speaker 1: problems in the supply chain. Now, we don't have enough
Speaker 1: people working. When you don't have enough people working, what
Speaker 1: do you have to do? You have to pay people more. Um,
Speaker 1: there's not enough supplies being made. So now supply chain
Speaker 1: start breaking down. So then prices go up because of that.
Speaker 1: So prices went up because supply chains breaking down. Yes,
Speaker 1: but why did supply chains break down? Well, because there
Speaker 1: was too much demand. Why was there too much demand
Speaker 1: because they printed more money. There wasn't enough workers. Why
Speaker 1: would there enough workers? People quit their job to trade
Speaker 1: options on robin hood and cryptocurrencies. Why are they trading?
Speaker 1: Why are they doing that because they're going up so much?
Speaker 1: Why are they going up so much? Because they printed
Speaker 1: so much more money. That's what inflation is, and it's easy.
Speaker 1: Anybody can look at that. You can just go look
Speaker 1: at the M one or the M two money chart
Speaker 1: to see the broad money supply and you can see
Speaker 1: how much they've increased it. Now, I'll just give you
Speaker 1: a warning here. I want to give you a warning.
Speaker 1: If you go look at this chart, you could just
Speaker 1: type in like fred f R E D fred money
Speaker 1: supply or M one or MP two chart fred in
Speaker 1: one or M two. Warning you in advance though, if
Speaker 1: you've seen this chart, it is shocking because the money
Speaker 1: supply basically looks like it's been staying flat and then
Speaker 1: all of a sudden went straight vertical. I mean it's insane.
Speaker 1: So Um, just from the time of Biden getting elected
Speaker 1: in November two, Uh, now we've had almost increased just
Speaker 1: in the money supply alone. Prices go up. Now, UM,
Speaker 1: I want to give you this quote. I told you
Speaker 1: I to give you a quote here, Um. Vladimir Lenin
Speaker 1: Um said probably about a years ago, he said that quote,
Speaker 1: the best way to destroy the capitalist system was to
Speaker 1: debouch the currency. Debouch like to destroy it, to distort it.
Speaker 1: He went on. By a continuing process of inflation, printing money,
Speaker 1: governments can confiscate secretly an unobserved an important part of
Speaker 1: the wealth of their citizens. So what does that mean, um,
Speaker 1: Through inflation, by printing more money, they can steal the
Speaker 1: wealth secretly. Because what happens is when they print more money,
Speaker 1: it makes your dollars worth less. So they're they're literally
Speaker 1: stealing the purchasing power of your money. A hundred thousand
Speaker 1: dollars UM ten years ago buys you about seventy dollars
Speaker 1: worth of goods. Today they stole thirty thousand dollars purchasing
Speaker 1: power from you. Um. And he says, by this method,
Speaker 1: they not only confiscate, but they confiscate arbitrarily. And while
Speaker 1: the process impoverishes many, it actually enriches some. So they
Speaker 1: steal from you at will. And and yes, it while
Speaker 1: the majority of people are impoverished or go broke over it,
Speaker 1: it actually enriches some, which is why they want to
Speaker 1: do it. And then I'm going to skip through the
Speaker 1: The end of this quote is the last, the most
Speaker 1: important part. I like here. As the inflation proceeds and
Speaker 1: the real value of the currency fluctuates wildly from month
Speaker 1: to months, so as the inflation as they continue to
Speaker 1: print more of it, and the the value of it,
Speaker 1: how much it buys, fluctuates wildly from month to month. Inflation, right,
Speaker 1: all permanent relations between debtors and creditors, which form the
Speaker 1: ultimate foundation of capitalism, becomes so utterly disordered as to
Speaker 1: be almost meaningless. Then here's the best part. And the
Speaker 1: process of wealth getting degenerates into a gamble and a
Speaker 1: lottery end quote. So he told us a hun years
Speaker 1: go the way the destroy capital system was to deboutch
Speaker 1: the currency, destroy the currency by inflation by printing more
Speaker 1: of it, and eventually it would destroy things so bad
Speaker 1: that things would become so disordered that the best way
Speaker 1: to make money would be gambling and lotteries. Basically gambling
Speaker 1: like the record amount of job quits, so people can
Speaker 1: go trade options on robin Hood and trade cryptocurrencies kind
Speaker 1: of like that. Anyway, Um, hopefully that makes sense. Just
Speaker 1: look at the money supply. That's what real inflation is.
Speaker 1: The prices going up are the result of that. You've
Speaker 1: been listening to the Markma Show. We're talking about the
Speaker 1: decentralized revolution, politics, finance, and technolog plogy changing the way
Speaker 1: the world works right now, and I'm helping you navigate it.
Speaker 1: That's what I got here today. Thanks so much for listening.