1 00:00:00,040 --> 00:00:01,920 Speaker 1: Hello, and welcome back to another episode of The Mark 2 00:00:02,040 --> 00:00:04,840 Speaker 1: Moss Show, where we talk about the decentralized revolution, the 3 00:00:04,840 --> 00:00:07,680 Speaker 1: way the world is changing. The world is not going 4 00:00:07,760 --> 00:00:11,400 Speaker 1: to be the same. It's changing. Just because it's been 5 00:00:12,039 --> 00:00:14,720 Speaker 1: similar for your lifetime in this very short period of 6 00:00:14,720 --> 00:00:16,960 Speaker 1: time does not mean that's going to be the way 7 00:00:16,960 --> 00:00:18,080 Speaker 1: it will be in the future. And if you don't 8 00:00:18,160 --> 00:00:21,239 Speaker 1: understand this, it's not gonna work out too well for you. 9 00:00:21,239 --> 00:00:22,720 Speaker 1: But I don't worry. I got your back. I got 10 00:00:22,760 --> 00:00:24,239 Speaker 1: your back. Each and every week I bring you the 11 00:00:24,320 --> 00:00:26,079 Speaker 1: latest breaking news as we look at through the lens 12 00:00:26,120 --> 00:00:30,479 Speaker 1: of politics, finance, and technology. Now I covered some of 13 00:00:30,480 --> 00:00:34,160 Speaker 1: the biggest signposts of the year of two that show 14 00:00:34,280 --> 00:00:37,120 Speaker 1: us that we are changing, that the pendulum is swinging 15 00:00:37,159 --> 00:00:41,479 Speaker 1: back from centralization centralization to decentralization. Now, I want to 16 00:00:41,479 --> 00:00:45,760 Speaker 1: give you some things to watch for in what's gonna 17 00:00:45,760 --> 00:00:47,360 Speaker 1: happen in twenty three? What are the things that we 18 00:00:47,400 --> 00:00:49,599 Speaker 1: want to keep an eye on. And then I want 19 00:00:49,640 --> 00:00:53,239 Speaker 1: to talk about what you can do in light of 20 00:00:53,280 --> 00:00:57,680 Speaker 1: these changes to become financially free in three. All right, 21 00:00:57,720 --> 00:00:59,760 Speaker 1: so we're gonna cover this. I got a lot to cover. 22 00:01:00,080 --> 00:01:02,279 Speaker 1: Bear with me, don't go away and let's just dig 23 00:01:02,360 --> 00:01:04,640 Speaker 1: right into it. So, like I said, I already covered 24 00:01:04,840 --> 00:01:07,280 Speaker 1: all the big sign post of two. If you miss that, 25 00:01:07,440 --> 00:01:09,679 Speaker 1: don't worry, I got your back. You can just catch 26 00:01:09,720 --> 00:01:12,040 Speaker 1: it on your favorite podcast player, the heart radio app 27 00:01:12,680 --> 00:01:15,200 Speaker 1: iTunes just search Mark Moss Show, or you can go 28 00:01:15,240 --> 00:01:19,280 Speaker 1: to my YouTube channel and search Market Disruptors. On the 29 00:01:19,319 --> 00:01:21,680 Speaker 1: Market Disrupters channel, you can listen and watch me at 30 00:01:21,680 --> 00:01:25,040 Speaker 1: the same time. Also, if you'd like the more play 31 00:01:25,080 --> 00:01:26,680 Speaker 1: by Pelly on the daily, you can follow me on 32 00:01:26,720 --> 00:01:29,560 Speaker 1: Twitter at one Mark Moss at one Mark Moss. All right, 33 00:01:29,600 --> 00:01:31,440 Speaker 1: so a couple of big things we talked about in 34 00:01:32,120 --> 00:01:34,800 Speaker 1: two and what to watch for A couple things that 35 00:01:34,880 --> 00:01:39,560 Speaker 1: I have my eye on is the Russia Ukraine US situation. 36 00:01:39,720 --> 00:01:42,319 Speaker 1: Now there's a couple of things. This is one of 37 00:01:42,360 --> 00:01:44,319 Speaker 1: the most important things in the world going on right now. 38 00:01:44,360 --> 00:01:47,120 Speaker 1: It affects the entire world from many levels. From an 39 00:01:47,240 --> 00:01:51,080 Speaker 1: energy level, of course, Russia UM exports a massive amount 40 00:01:51,080 --> 00:01:54,720 Speaker 1: of energy, both oil and natural gas, um commodities, but 41 00:01:54,920 --> 00:01:59,280 Speaker 1: also food, a lot of wheat grains, fertilizers, things like that. 42 00:01:59,320 --> 00:02:01,480 Speaker 1: So this is the big all eyes on that and 43 00:02:01,520 --> 00:02:04,080 Speaker 1: more importantly, I mean, for for a bunch of different reasons, 44 00:02:04,080 --> 00:02:06,600 Speaker 1: but a couple of things that I'm watching. One for 45 00:02:06,640 --> 00:02:08,400 Speaker 1: the first time in my life, and I was both 46 00:02:08,440 --> 00:02:13,560 Speaker 1: born under the Cold War. UM I watched in UH 47 00:02:13,600 --> 00:02:16,239 Speaker 1: in high school, I watched the fall of the USSR 48 00:02:16,400 --> 00:02:19,000 Speaker 1: and the fall of the Berlin Wall, So I lived 49 00:02:19,080 --> 00:02:22,079 Speaker 1: under that. Maybe I was too young, but I really 50 00:02:22,120 --> 00:02:23,799 Speaker 1: don't think it was a threat. But for the first 51 00:02:23,800 --> 00:02:25,959 Speaker 1: time in my life, we have a real danger of 52 00:02:26,080 --> 00:02:30,440 Speaker 1: nuclear war. We really do. And it's something that bothers 53 00:02:30,440 --> 00:02:33,640 Speaker 1: me because the United States government, just the neo cons 54 00:02:33,720 --> 00:02:37,560 Speaker 1: inside the government just want this war so bad, so bad. 55 00:02:38,320 --> 00:02:40,880 Speaker 1: It's been peace has been tried to be negotiated before 56 00:02:40,919 --> 00:02:43,359 Speaker 1: it broke out. It's been tried to negotiate many many 57 00:02:43,360 --> 00:02:45,720 Speaker 1: times throughout and the neo cons in the US government 58 00:02:45,840 --> 00:02:50,679 Speaker 1: just do not want peace at all. UM. They're threatening 59 00:02:50,760 --> 00:02:55,320 Speaker 1: nuclear war. The US is UM is really really pushing this. UM. 60 00:02:55,400 --> 00:02:57,400 Speaker 1: They are saying that they'll do everything they can to 61 00:02:57,400 --> 00:02:59,959 Speaker 1: make sure Putin's defeated, and if he's half as bad 62 00:03:00,000 --> 00:03:02,280 Speaker 1: as they make them sound out to be, then there's 63 00:03:02,280 --> 00:03:04,720 Speaker 1: a real threat of nuclear war here. So that's something 64 00:03:04,760 --> 00:03:09,359 Speaker 1: I'm keeping my eye on now. UM. I think all 65 00:03:09,400 --> 00:03:13,040 Speaker 1: of this comes to a head in either this sort 66 00:03:13,040 --> 00:03:16,240 Speaker 1: of we kind of come to some sort of a 67 00:03:16,320 --> 00:03:19,840 Speaker 1: de escalation Cold war is my most probable case, my 68 00:03:19,919 --> 00:03:22,960 Speaker 1: base case. I think probably within the next you know, 69 00:03:23,040 --> 00:03:25,000 Speaker 1: six eight months, there will be some sort of a 70 00:03:25,040 --> 00:03:29,800 Speaker 1: peace agreement. Maybe half of Ukraine goes to Russia, the 71 00:03:29,840 --> 00:03:31,760 Speaker 1: other half of Ukraine kind of goes to NATO, and 72 00:03:31,840 --> 00:03:33,960 Speaker 1: both both sides kind of agree just to kind of 73 00:03:34,000 --> 00:03:37,120 Speaker 1: hold there. Um, that's probably my my base case, but 74 00:03:37,160 --> 00:03:40,400 Speaker 1: maybe that's also my optimism bias. Talking like I said, 75 00:03:40,440 --> 00:03:42,760 Speaker 1: the neo cons do not want the war to end, 76 00:03:42,920 --> 00:03:44,600 Speaker 1: partly because it's the way they put all the money 77 00:03:44,600 --> 00:03:46,600 Speaker 1: in their own pocket. But I'm definitely keep an eye 78 00:03:46,640 --> 00:03:50,000 Speaker 1: on that as that escalates. I'm gonna be very careful 79 00:03:50,040 --> 00:03:53,200 Speaker 1: of where I'm living because I don't want to live 80 00:03:53,200 --> 00:03:57,839 Speaker 1: in a high value target for nuclear war, that's for sure. Um, 81 00:03:57,920 --> 00:04:00,920 Speaker 1: So I'll be thinking about that. Also, we have the 82 00:04:01,040 --> 00:04:04,480 Speaker 1: China Taiwan United States war going on, and so the 83 00:04:04,560 --> 00:04:08,400 Speaker 1: United States has really increased its rhetoric um and not 84 00:04:08,480 --> 00:04:10,800 Speaker 1: just rhetoric, or it's its actions against China. China of 85 00:04:10,840 --> 00:04:13,840 Speaker 1: course wants to take Taiwan. It's running military maneuvers over Taiwan. 86 00:04:13,840 --> 00:04:16,240 Speaker 1: All the time, it constantly tells tells US they want 87 00:04:16,240 --> 00:04:19,480 Speaker 1: to take over Taiwan. Can it continues to punish any 88 00:04:19,520 --> 00:04:22,840 Speaker 1: country or any news agency or sports agency that even 89 00:04:22,920 --> 00:04:25,640 Speaker 1: calls Taiwan its own country. And so we know China's 90 00:04:25,680 --> 00:04:27,560 Speaker 1: intentions are very clear. And now, of course, the United 91 00:04:27,600 --> 00:04:29,559 Speaker 1: States and Japan have come out and said very clearly 92 00:04:29,600 --> 00:04:32,919 Speaker 1: they will not allow um China to take Taiwan. And 93 00:04:32,960 --> 00:04:35,800 Speaker 1: so that's another big sticking point right there. And I 94 00:04:35,800 --> 00:04:37,919 Speaker 1: don't know if the US can force or or or 95 00:04:38,000 --> 00:04:40,760 Speaker 1: face another war right now, one over in the East 96 00:04:40,760 --> 00:04:42,720 Speaker 1: and one over in the West. And so that's that's 97 00:04:42,760 --> 00:04:45,239 Speaker 1: a big danger that I'm watching for a couple of reasons. 98 00:04:45,760 --> 00:04:49,120 Speaker 1: If that continues to escalate, then we would continue to 99 00:04:49,160 --> 00:04:53,120 Speaker 1: see the economy faulter. Right, China is the largest importer 100 00:04:53,240 --> 00:04:55,200 Speaker 1: of goods in the world. They buy more steel and 101 00:04:55,320 --> 00:04:58,640 Speaker 1: glass and and aluminum and everything else in the world 102 00:04:59,200 --> 00:05:02,240 Speaker 1: than in any other country, and they also export all 103 00:05:02,279 --> 00:05:05,680 Speaker 1: the goods. We saw during the pandemic that we were very, 104 00:05:05,880 --> 00:05:08,720 Speaker 1: very fragile because we couldn't make our own antibiotics or 105 00:05:08,720 --> 00:05:11,479 Speaker 1: own medicines. We couldn't even make our own ppe, right 106 00:05:11,520 --> 00:05:14,880 Speaker 1: our own face masks and so UM. If you care 107 00:05:14,920 --> 00:05:17,920 Speaker 1: about the economy and what's gonna happen with your retirement accounts, 108 00:05:18,800 --> 00:05:21,320 Speaker 1: your real estate, then you care what's happening over in 109 00:05:21,440 --> 00:05:24,159 Speaker 1: China Taiwan, not just because of the warst situation, but 110 00:05:24,240 --> 00:05:28,040 Speaker 1: again because the economy. I expect again probably something similar 111 00:05:28,080 --> 00:05:31,440 Speaker 1: to Russia Ukraine. I continue to see things breaking down. 112 00:05:31,520 --> 00:05:35,680 Speaker 1: The Biden administration is stepped up and UH and limited 113 00:05:35,760 --> 00:05:37,960 Speaker 1: China on the amount of microchips that are allowed to buy. 114 00:05:38,480 --> 00:05:40,599 Speaker 1: UM put China into a really bad situation, and I 115 00:05:40,640 --> 00:05:44,200 Speaker 1: can I continue to see that deteriorating, and the world 116 00:05:44,240 --> 00:05:46,960 Speaker 1: continue to move into this decentralization. Of course, that's why 117 00:05:46,960 --> 00:05:48,640 Speaker 1: I talk about every week. So we're going from this 118 00:05:48,720 --> 00:05:51,760 Speaker 1: kind of unipolar world, the centralized world where everybody works 119 00:05:51,800 --> 00:05:55,000 Speaker 1: harmoniously and agrees and we all trade freely, to a 120 00:05:55,120 --> 00:05:58,080 Speaker 1: decentralized world where all these countries are looking out for themselves, 121 00:05:58,320 --> 00:06:01,719 Speaker 1: a multipolar world. We will probably have, you know, maybe 122 00:06:01,880 --> 00:06:03,960 Speaker 1: in the next year or two, like maybe three main 123 00:06:04,040 --> 00:06:05,960 Speaker 1: hubs and maybe over by the end of the decade 124 00:06:06,000 --> 00:06:08,160 Speaker 1: and five or six main zones in the world. And 125 00:06:08,160 --> 00:06:13,520 Speaker 1: I expect that to continue. Um. What else I'm expecting 126 00:06:13,920 --> 00:06:19,640 Speaker 1: to see, um, the Federal reserve, the dollar reserve currency 127 00:06:19,760 --> 00:06:22,359 Speaker 1: of the world. I'm going to continue to see the 128 00:06:22,400 --> 00:06:27,239 Speaker 1: Fed try to manage inflation. Now you know, of course 129 00:06:27,240 --> 00:06:30,120 Speaker 1: they didn't see inflation. They didn't, but leave an inflation. 130 00:06:30,360 --> 00:06:34,280 Speaker 1: Inflation was transitory, it wasn't a problem to oh, shoot, 131 00:06:34,320 --> 00:06:36,479 Speaker 1: we got a problem on our hands. And now of 132 00:06:36,520 --> 00:06:40,400 Speaker 1: course they want to tell us that, um, they're keeping 133 00:06:40,400 --> 00:06:43,279 Speaker 1: it on inflation, but they think they might have got 134 00:06:43,320 --> 00:06:46,040 Speaker 1: it peaked. And so the Fed has been very aggressive 135 00:06:46,080 --> 00:06:49,240 Speaker 1: on raising rates. Uh. They went from having a basically 136 00:06:49,440 --> 00:06:52,280 Speaker 1: zero percent Fed funds rate and they've been raising it 137 00:06:52,680 --> 00:06:55,760 Speaker 1: faster this year than any time in history. And of 138 00:06:55,800 --> 00:06:58,880 Speaker 1: course that's caused the asset prices to tumble, which means 139 00:06:58,920 --> 00:07:02,200 Speaker 1: the worst financial marks the bond markets, the stock markets 140 00:07:02,240 --> 00:07:05,600 Speaker 1: that we've seen in over fifty years. Of course, cryptocurrencies 141 00:07:05,640 --> 00:07:09,000 Speaker 1: have been completely demolished. All risk assets have been demolished. 142 00:07:09,360 --> 00:07:12,480 Speaker 1: And that's their goal. The say so the FETE says 143 00:07:12,520 --> 00:07:16,760 Speaker 1: that they want to um make you feel poor, right 144 00:07:16,920 --> 00:07:19,400 Speaker 1: demand destruction, that's their goal. They want to make you 145 00:07:19,440 --> 00:07:21,440 Speaker 1: so broke that you can't afford to put gas in 146 00:07:21,480 --> 00:07:23,320 Speaker 1: your truck or your car. You can't afford to buy 147 00:07:23,320 --> 00:07:25,320 Speaker 1: those plane tickets, you can't afford to go out to 148 00:07:25,360 --> 00:07:28,000 Speaker 1: dinner as much. That's that's the only lever they have 149 00:07:28,160 --> 00:07:31,600 Speaker 1: to pull. And so uh they you know, everybody's looking 150 00:07:31,640 --> 00:07:33,960 Speaker 1: at them, going when will they pivot? And so that's 151 00:07:34,000 --> 00:07:37,640 Speaker 1: what we're gonna be watching. Will the FED come off 152 00:07:37,680 --> 00:07:41,560 Speaker 1: of their hawk ish right, their very aggressive stance. Will 153 00:07:41,600 --> 00:07:45,680 Speaker 1: they slow the rate hikes? Will they pause the rate hikes? 154 00:07:45,960 --> 00:07:50,600 Speaker 1: Will they pivot and actually start lowering rates again? Will 155 00:07:50,640 --> 00:07:53,600 Speaker 1: they go from this quantitative tightening where they're trying to 156 00:07:54,400 --> 00:07:56,720 Speaker 1: shrink the amount of money or deflate the amount of 157 00:07:56,760 --> 00:08:00,480 Speaker 1: money supply? Will they pause that or again will they 158 00:08:00,520 --> 00:08:04,080 Speaker 1: pivot and start inflating the monetary supply again? So all 159 00:08:04,080 --> 00:08:08,840 Speaker 1: eyes are on that. The rule is don't bet against 160 00:08:08,880 --> 00:08:11,840 Speaker 1: the Fed. So what am I expecting and what am 161 00:08:11,840 --> 00:08:16,080 Speaker 1: I doing? Well? What am I expecting? First? So I 162 00:08:16,120 --> 00:08:19,400 Speaker 1: think that the world knows, or most most financial analysts 163 00:08:19,440 --> 00:08:21,880 Speaker 1: know that no matter what the FED tells you, no 164 00:08:21,920 --> 00:08:24,680 Speaker 1: matter how hawkish they want to be, no matter how 165 00:08:24,720 --> 00:08:26,160 Speaker 1: many times they want to tell us they want to 166 00:08:26,160 --> 00:08:31,080 Speaker 1: inflect massive pain on us, everybody knows there's real limitations 167 00:08:31,120 --> 00:08:34,480 Speaker 1: to what they can do. And if they continue on 168 00:08:34,520 --> 00:08:36,640 Speaker 1: the path that they're gonna going down, the entire financial 169 00:08:36,720 --> 00:08:39,600 Speaker 1: system is going to seize up and melt down. And 170 00:08:39,640 --> 00:08:41,760 Speaker 1: at that point they're gonna be forced to inject so 171 00:08:41,840 --> 00:08:44,559 Speaker 1: much liquid in the system that asset prices are going 172 00:08:44,600 --> 00:08:48,160 Speaker 1: to blow through the roof. So even though they say 173 00:08:48,160 --> 00:08:49,920 Speaker 1: there is no pivot, even though they say they're going 174 00:08:49,960 --> 00:08:52,120 Speaker 1: to raise rates and keep them there for a long 175 00:08:52,200 --> 00:08:56,120 Speaker 1: period of time, we know that there's reality and constraints there. 176 00:08:56,880 --> 00:08:59,600 Speaker 1: So what do I expect that them to do next year? 177 00:08:59,600 --> 00:09:01,640 Speaker 1: And what am I going to do about it? Well, 178 00:09:01,679 --> 00:09:03,240 Speaker 1: I'm gonna tell you that in a minute. If you're 179 00:09:03,240 --> 00:09:05,040 Speaker 1: just tune in, you're listening to the Mark mo Show. 180 00:09:05,040 --> 00:09:08,560 Speaker 1: We're talking about, of course, the decentralized revolution, how the 181 00:09:08,600 --> 00:09:10,800 Speaker 1: world is changing, and we're looking at through the lens 182 00:09:10,840 --> 00:09:13,800 Speaker 1: of politics, finance, and technology, and I'm talking about what 183 00:09:13,880 --> 00:09:17,880 Speaker 1: to watch for in what I'm expecting, some of my predictions, 184 00:09:17,880 --> 00:09:20,280 Speaker 1: and of course what I'm doing about it. I want 185 00:09:20,280 --> 00:09:23,480 Speaker 1: to tell you what I'm watching for with the FED rates, 186 00:09:23,600 --> 00:09:25,360 Speaker 1: the market, the pivot, and what I'm gonna do to 187 00:09:25,440 --> 00:09:27,480 Speaker 1: play this. I'll be back with that and more in 188 00:09:27,480 --> 00:09:29,480 Speaker 1: a minute. You don't want to miss this. It's my playbook. 189 00:09:29,640 --> 00:09:31,680 Speaker 1: Don't go away. I'm gonna be right back. All right, 190 00:09:31,720 --> 00:09:33,320 Speaker 1: Welcome back. If you just tune in, you're listening to 191 00:09:33,320 --> 00:09:36,199 Speaker 1: the Mark mo Show. We're talking about the decentralized Revolution, 192 00:09:37,120 --> 00:09:40,160 Speaker 1: how the world's changing, and you better be paying attention 193 00:09:40,400 --> 00:09:42,880 Speaker 1: otherwise it's not gonna work out too well for you. 194 00:09:43,000 --> 00:09:44,960 Speaker 1: One of my favorite authors, Iron Rand says that you 195 00:09:45,000 --> 00:09:48,640 Speaker 1: can choose to ignore reality, but you can't ignore the 196 00:09:48,720 --> 00:09:51,640 Speaker 1: consequences of reality. And so you can choose not to 197 00:09:51,679 --> 00:09:54,719 Speaker 1: pay attention, but you can't ignore the consequences. Is not 198 00:09:54,760 --> 00:09:57,240 Speaker 1: paying attention. Now we're talking about before the break, um, 199 00:09:57,360 --> 00:10:00,680 Speaker 1: some of the big things to watch for, and I 200 00:10:00,760 --> 00:10:03,600 Speaker 1: was giving some of my forecasts, my predictions Russia, Ukraine, 201 00:10:03,600 --> 00:10:07,120 Speaker 1: the US nuclear war, China, Taiwan, US. If you miss that, 202 00:10:07,160 --> 00:10:08,880 Speaker 1: don't worry, go check it out on the podcast. Just 203 00:10:08,880 --> 00:10:10,959 Speaker 1: search Mark Moss Show on your podcast player or go 204 00:10:11,000 --> 00:10:13,480 Speaker 1: to the Markets Structors YouTube channel. Now I was talking 205 00:10:13,480 --> 00:10:16,280 Speaker 1: about before the break the FED. All eyes on the FED. 206 00:10:16,320 --> 00:10:20,720 Speaker 1: Will they continue on their hawkish FED quantitative tightening cycle, 207 00:10:20,840 --> 00:10:23,959 Speaker 1: raising rates at the fastest rate in history or will 208 00:10:24,000 --> 00:10:25,920 Speaker 1: they pivot off of that? And so what I think 209 00:10:26,000 --> 00:10:28,320 Speaker 1: is most likely to happen to understanding what the natural 210 00:10:28,360 --> 00:10:32,800 Speaker 1: constraints of the monetary system are. Even though I do 211 00:10:32,880 --> 00:10:36,040 Speaker 1: believe Jerome Powell and the FED, I do believe they're serious. 212 00:10:36,120 --> 00:10:38,480 Speaker 1: I do believe they intend to raise rates and keep 213 00:10:38,520 --> 00:10:40,680 Speaker 1: them there for a long time. I do believe they 214 00:10:40,920 --> 00:10:45,920 Speaker 1: intend to inflict massive pain. Um. I also understand that 215 00:10:46,360 --> 00:10:49,920 Speaker 1: when certain things happen, they will be forced to pivot 216 00:10:49,960 --> 00:10:53,200 Speaker 1: off of that. Now, they don't care about your stock, 217 00:10:53,600 --> 00:10:54,840 Speaker 1: so a lot of people like, oh, if the stock 218 00:10:54,920 --> 00:10:57,760 Speaker 1: drops more, they're gonna pivot. No, they don't care about 219 00:10:57,760 --> 00:11:00,960 Speaker 1: your stocks. They don't care about your how they don't 220 00:11:01,000 --> 00:11:04,000 Speaker 1: care about how much you're getting paid at your job. Now, 221 00:11:04,040 --> 00:11:07,800 Speaker 1: they do care about the unemployment rate. So if the 222 00:11:07,920 --> 00:11:10,800 Speaker 1: unemployment rate gets too high, they do care about that. 223 00:11:11,000 --> 00:11:13,520 Speaker 1: So that would be one thing. Um. So if lots 224 00:11:13,520 --> 00:11:15,680 Speaker 1: and lots of businesses go out of business and the 225 00:11:15,800 --> 00:11:18,360 Speaker 1: and the unemployment rate skyrockets, that's gonna be something that 226 00:11:18,360 --> 00:11:20,719 Speaker 1: they're gonna have to pay attention to. The Other thing 227 00:11:20,800 --> 00:11:24,160 Speaker 1: that they're most concerned with is liquidity in the banking system. 228 00:11:24,480 --> 00:11:27,080 Speaker 1: And so if liquidity starts to seize up or start 229 00:11:27,120 --> 00:11:29,520 Speaker 1: to act irrational. They're gonna have to come off of that, 230 00:11:29,559 --> 00:11:32,600 Speaker 1: and we're already starting to see signs of that. We're seeing, 231 00:11:32,679 --> 00:11:36,079 Speaker 1: you know, lots of volatility in the treasury markets. We're 232 00:11:36,080 --> 00:11:39,280 Speaker 1: seeing the swap lines being tapped into by other by 233 00:11:39,280 --> 00:11:42,880 Speaker 1: other nation states, and so I think that's what causes 234 00:11:42,920 --> 00:11:47,000 Speaker 1: the problem. First, my guess is that probably by the 235 00:11:47,160 --> 00:11:50,559 Speaker 1: end of Q one we have seen a pause, so 236 00:11:50,800 --> 00:11:53,439 Speaker 1: a pause to the tightening, a pause to raising rates, 237 00:11:53,640 --> 00:11:56,439 Speaker 1: appause to the quantitative tightening. Now the problem is is 238 00:11:56,520 --> 00:11:59,520 Speaker 1: that what they've been doing has a lag to it, 239 00:11:59,559 --> 00:12:02,240 Speaker 1: and so we're probably don't see for five or six 240 00:12:02,360 --> 00:12:05,240 Speaker 1: months the effect of what they've been doing. So that 241 00:12:05,280 --> 00:12:08,640 Speaker 1: puts us into the summer of next year, and I think, unfortunately, 242 00:12:08,640 --> 00:12:11,400 Speaker 1: we probably have more pain ahead of us through the 243 00:12:11,400 --> 00:12:14,080 Speaker 1: middle of next year, and I think we get to 244 00:12:14,120 --> 00:12:16,880 Speaker 1: a point by Q three of next year that the 245 00:12:16,920 --> 00:12:20,720 Speaker 1: pain is probably too bad. I think things get away 246 00:12:20,720 --> 00:12:24,440 Speaker 1: from them much faster than they have um expected. And 247 00:12:24,480 --> 00:12:27,200 Speaker 1: I say that because everything has caught them by surprise. 248 00:12:27,480 --> 00:12:29,880 Speaker 1: I've been making videos for over a year saying how 249 00:12:29,920 --> 00:12:32,120 Speaker 1: inflation is going to continue to rage, and they were 250 00:12:32,160 --> 00:12:34,520 Speaker 1: saying that inflation is not a problem where it's it 251 00:12:34,600 --> 00:12:38,000 Speaker 1: was transitory. Um, they are continually caught off guarded by 252 00:12:38,000 --> 00:12:41,920 Speaker 1: all this. They didn't see this crash in the financial markets, 253 00:12:42,120 --> 00:12:44,720 Speaker 1: and they don't see what's going to happen next. Maybe 254 00:12:44,720 --> 00:12:47,080 Speaker 1: it's because they don't want to. Maybe it's because they're 255 00:12:47,120 --> 00:12:49,400 Speaker 1: blinded by their own hubrist I don't know, but I 256 00:12:49,400 --> 00:12:51,480 Speaker 1: think by the middle by Q two Q three of 257 00:12:51,520 --> 00:12:53,440 Speaker 1: next year, things get to a point that they are 258 00:12:53,559 --> 00:12:56,640 Speaker 1: forced to pivot, and I would imagine by Q four 259 00:12:56,679 --> 00:12:59,640 Speaker 1: of next year three we are back into an easy 260 00:12:59,720 --> 00:13:05,080 Speaker 1: sit suation. I expect asset prices to be at least 261 00:13:05,120 --> 00:13:07,719 Speaker 1: somewhat equal, if not higher, than they are now by 262 00:13:07,760 --> 00:13:11,240 Speaker 1: this time next year. Now that is a little bit controversial. 263 00:13:11,320 --> 00:13:14,520 Speaker 1: A lot of people are expecting a crash, you know, 264 00:13:14,520 --> 00:13:18,199 Speaker 1: in the next couple of months. Maybe that happens. I'm 265 00:13:18,200 --> 00:13:19,839 Speaker 1: not talking about what happens between now and then. I'm 266 00:13:19,840 --> 00:13:21,520 Speaker 1: just saying where I think will be next year that 267 00:13:21,600 --> 00:13:24,360 Speaker 1: might happen, which will only force their hand even faster 268 00:13:24,800 --> 00:13:27,199 Speaker 1: and cause them to overreact to the upside and blow 269 00:13:27,240 --> 00:13:30,360 Speaker 1: things sky high again, just like they did in the 270 00:13:30,360 --> 00:13:35,319 Speaker 1: COVID pandemic. Alright, what else? UM, I think another thing 271 00:13:35,360 --> 00:13:39,559 Speaker 1: we're seeing is that negative yielding bonds could be approaching 272 00:13:39,600 --> 00:13:43,120 Speaker 1: their final days and so for the last about twelve years, 273 00:13:44,200 --> 00:13:47,199 Speaker 1: the bond market, which is where people park money into 274 00:13:47,320 --> 00:13:51,520 Speaker 1: into debt, specifically sovereign wealth funds or sovereign nations UM 275 00:13:51,960 --> 00:13:56,920 Speaker 1: they buy bonds, and we've seen bonds actually pain negative, 276 00:13:57,400 --> 00:14:00,319 Speaker 1: meaning if I loan you money, I typically expect to 277 00:14:00,320 --> 00:14:03,600 Speaker 1: get my money back plus interest. In the negative yielding bonds, 278 00:14:03,920 --> 00:14:06,199 Speaker 1: that means I loan you money, and instead of getting 279 00:14:06,200 --> 00:14:08,760 Speaker 1: all my money back less interest, I get no interest 280 00:14:08,840 --> 00:14:11,240 Speaker 1: and I get less money back than what I gave you. 281 00:14:11,280 --> 00:14:14,840 Speaker 1: So I'm actually paying you to loan you money. And 282 00:14:14,880 --> 00:14:18,080 Speaker 1: you might say that sounds stupid. Why would anybody do that? 283 00:14:18,920 --> 00:14:21,440 Speaker 1: And you would be right, why would anybody do that? 284 00:14:22,160 --> 00:14:24,840 Speaker 1: The answer is because when you have a few hundred 285 00:14:24,880 --> 00:14:26,560 Speaker 1: billion dollars, you don't have a lot of places to 286 00:14:26,600 --> 00:14:32,520 Speaker 1: put it, and you might rather um be guaranteed a 287 00:14:32,680 --> 00:14:37,920 Speaker 1: one percent to loss than potentially losing like the stock market. 288 00:14:38,960 --> 00:14:40,800 Speaker 1: That would be one reason. But what we're seeing is 289 00:14:40,840 --> 00:14:44,400 Speaker 1: that I believe that will be the end of that. Uh. 290 00:14:44,440 --> 00:14:48,360 Speaker 1: We had over eighteen trillion dollars in negative yielding, which 291 00:14:48,360 --> 00:14:52,280 Speaker 1: meant eighteen trillion dollars was literally worth less than zero 292 00:14:53,640 --> 00:14:55,840 Speaker 1: and that has been coming down down, down, down, and 293 00:14:55,840 --> 00:14:59,240 Speaker 1: I think bye, we will see no more negative yielding 294 00:14:59,320 --> 00:15:03,280 Speaker 1: debt for now, um, and so all nations. Japan is 295 00:15:03,320 --> 00:15:07,600 Speaker 1: the last major economy to still keep their rates below zero. Um. 296 00:15:07,640 --> 00:15:10,480 Speaker 1: They're finally coming back up now that they've kind of 297 00:15:10,520 --> 00:15:12,360 Speaker 1: given in a little bit to some of these traders, 298 00:15:12,520 --> 00:15:14,600 Speaker 1: They're gonna be forced to continue to give in more. 299 00:15:14,840 --> 00:15:16,400 Speaker 1: They're going to continue to bring that up and it 300 00:15:16,440 --> 00:15:19,200 Speaker 1: will be over zero percent and there will be no 301 00:15:19,280 --> 00:15:22,960 Speaker 1: more negative yielding bonds for now. I think we'll get 302 00:15:22,960 --> 00:15:26,920 Speaker 1: there again eventually. Um. Another thing that I think will 303 00:15:26,960 --> 00:15:29,960 Speaker 1: continue to see three is, like I said, the end 304 00:15:29,960 --> 00:15:33,520 Speaker 1: of this quantitative tightening and specifically because of this uh, 305 00:15:33,640 --> 00:15:38,880 Speaker 1: this this delay, this delay that's happening. Um. Now one benefit, 306 00:15:40,080 --> 00:15:42,440 Speaker 1: it's still a loss, but a little bit of benefit. 307 00:15:42,560 --> 00:15:46,040 Speaker 1: Is that the reason why one of the one of 308 00:15:46,040 --> 00:15:48,200 Speaker 1: the many reasons why all the asset prices have come 309 00:15:48,240 --> 00:15:50,560 Speaker 1: down is because the Feds have continued to raise rates, 310 00:15:50,600 --> 00:15:52,600 Speaker 1: which you know, but but part of the reason why 311 00:15:52,720 --> 00:15:56,040 Speaker 1: is because as the Fed raises rates, you get paid. 312 00:15:56,080 --> 00:15:58,640 Speaker 1: Now you can make four four and a half percent 313 00:15:59,000 --> 00:16:01,120 Speaker 1: for giving money to the to the FED. So if 314 00:16:01,160 --> 00:16:03,800 Speaker 1: I can give money to the Fed what they call 315 00:16:03,880 --> 00:16:08,080 Speaker 1: a guaranteed return, risk free return, If I can make 316 00:16:08,080 --> 00:16:10,560 Speaker 1: four and a half percent risk free, why would I 317 00:16:10,600 --> 00:16:13,280 Speaker 1: take my chance in tech stocks right now? I could 318 00:16:13,280 --> 00:16:15,040 Speaker 1: lose a lot of money there. I could make four 319 00:16:15,080 --> 00:16:19,080 Speaker 1: and a half percent there, and they are. But the 320 00:16:19,080 --> 00:16:22,000 Speaker 1: good news is that you could as well. So right 321 00:16:22,040 --> 00:16:24,680 Speaker 1: now you're trying to chase, you know, blue chip stocks 322 00:16:24,760 --> 00:16:28,280 Speaker 1: with dividends at two percent or three percent or four percent, 323 00:16:28,760 --> 00:16:30,760 Speaker 1: you can just make four percent giving it to the FED. 324 00:16:30,880 --> 00:16:32,720 Speaker 1: Right now, you can go into your you know, your 325 00:16:32,720 --> 00:16:34,680 Speaker 1: brokerage account, going to your money market account, and you 326 00:16:34,680 --> 00:16:36,800 Speaker 1: can make three and a half four percent right now, 327 00:16:36,840 --> 00:16:39,120 Speaker 1: even if to maybe four and a half percent, And 328 00:16:39,160 --> 00:16:44,520 Speaker 1: so maybe that will continue through now. I want to 329 00:16:44,520 --> 00:16:49,440 Speaker 1: talk about one more thing, the cryptocurrency markets. Let's talk 330 00:16:49,480 --> 00:16:52,040 Speaker 1: about that for a minute now. I do want to 331 00:16:52,080 --> 00:16:54,320 Speaker 1: say also that, like I said, there's a lot of 332 00:16:54,320 --> 00:16:56,920 Speaker 1: problems happening. Um. As I said, I think next year 333 00:16:56,960 --> 00:17:02,240 Speaker 1: continues to get worse. However, big problems create big opportunities, 334 00:17:02,400 --> 00:17:05,119 Speaker 1: and so um when one when most of the markets 335 00:17:05,119 --> 00:17:08,159 Speaker 1: going down, there's always somewhere else that's going up. No 336 00:17:08,240 --> 00:17:10,560 Speaker 1: such thing as good and bad timing. There's always good 337 00:17:10,600 --> 00:17:14,760 Speaker 1: and bad strategies. And so I see a massive opportunity 338 00:17:14,760 --> 00:17:16,960 Speaker 1: created by a big problem that we can take advantage of, 339 00:17:16,960 --> 00:17:20,440 Speaker 1: and it's building wealth in the new parallel economy. This 340 00:17:20,520 --> 00:17:22,600 Speaker 1: is where all the growth is happening. And if you're 341 00:17:22,640 --> 00:17:25,520 Speaker 1: not plugged into the parallel economy, you are missing out. 342 00:17:26,040 --> 00:17:30,520 Speaker 1: I'm having a three day live virtual event called if. 343 00:17:30,560 --> 00:17:33,120 Speaker 1: The theme is the Parallel Protocol, where I'm gonna teach 344 00:17:33,160 --> 00:17:35,320 Speaker 1: you everything you need to know about the parallel economy, 345 00:17:35,520 --> 00:17:38,440 Speaker 1: the opportunities that have arisen out the parallel economy, how 346 00:17:38,600 --> 00:17:41,480 Speaker 1: you can take advantage of to build massive wealth quickly 347 00:17:41,680 --> 00:17:44,760 Speaker 1: in this parallel economy and build, growl protect your wealth 348 00:17:45,240 --> 00:17:48,040 Speaker 1: as you learn this. And the best part about the 349 00:17:48,040 --> 00:17:51,520 Speaker 1: parallel economy is it's how we preserve and protect and 350 00:17:51,560 --> 00:17:54,760 Speaker 1: increase our freedom for ourselves and our kids. Um you 351 00:17:54,800 --> 00:17:56,840 Speaker 1: can check it out, come check out this live event. 352 00:17:57,080 --> 00:17:59,639 Speaker 1: Go to go dot one, Mark Moss dot com, Go 353 00:18:00,080 --> 00:18:03,479 Speaker 1: dot one, Markmas dot com, slash radio, Go dot one, 354 00:18:03,520 --> 00:18:06,479 Speaker 1: Markmas dot com, slash Radio. You're listening to the Markmas 355 00:18:06,560 --> 00:18:08,359 Speaker 1: Show and be back with more of what to watch 356 00:18:08,359 --> 00:18:11,520 Speaker 1: for three when I come back. All right, welcome back. 357 00:18:11,880 --> 00:18:13,480 Speaker 1: If you're just tune in, you're listening to the Mark 358 00:18:13,600 --> 00:18:16,560 Speaker 1: Moss Show. We're talking about the decentralized revolution nation every week. 359 00:18:16,600 --> 00:18:20,080 Speaker 1: Of course, how to navigate the world that we're going 360 00:18:20,119 --> 00:18:22,400 Speaker 1: into as we look at through lens of politics, finance, 361 00:18:22,480 --> 00:18:27,040 Speaker 1: and technology, and the technology of course is bitcoin. Technology 362 00:18:27,080 --> 00:18:28,840 Speaker 1: is always what changes the world. And so we look 363 00:18:28,880 --> 00:18:32,359 Speaker 1: at the three areas and how they converge. Now, we 364 00:18:32,480 --> 00:18:36,040 Speaker 1: just talked about I covered earlier, Um, the biggest signposts 365 00:18:36,080 --> 00:18:38,920 Speaker 1: that show that the world is changing into a decentralized revolution. 366 00:18:39,080 --> 00:18:42,560 Speaker 1: We talked about that the biggest signpost. If you miss that, 367 00:18:42,720 --> 00:18:44,680 Speaker 1: go check it out on the podcast. Just search Mark 368 00:18:44,720 --> 00:18:47,399 Speaker 1: Moss or go to the YouTube channel search Market Disruptors 369 00:18:47,560 --> 00:18:49,480 Speaker 1: and you can watch it there. Um. Then I just 370 00:18:49,520 --> 00:18:53,040 Speaker 1: went through what to watch for in the things that 371 00:18:53,080 --> 00:18:55,080 Speaker 1: I'm watching and what I think is going to happen. 372 00:18:55,600 --> 00:18:58,960 Speaker 1: Now I want to give you, um, something else. And 373 00:18:59,040 --> 00:19:03,359 Speaker 1: now I want to give you three habits to become 374 00:19:03,400 --> 00:19:09,720 Speaker 1: financially free. Okay, now this is what I've used. Now 375 00:19:11,440 --> 00:19:13,240 Speaker 1: if you just tune in, maybe you don't know I've 376 00:19:13,280 --> 00:19:15,879 Speaker 1: I've talked about my story. Um, I thought I was 377 00:19:15,920 --> 00:19:17,399 Speaker 1: really smart. I thought I had it figured out. I 378 00:19:17,400 --> 00:19:19,359 Speaker 1: made a lot of money, tens of millions of dollars 379 00:19:19,359 --> 00:19:22,920 Speaker 1: of money, built multiple companies, sold them off, fortune its, 380 00:19:23,000 --> 00:19:25,479 Speaker 1: developed real estate, all these things, and then I got 381 00:19:25,560 --> 00:19:28,159 Speaker 1: wiped out in two thousand like millions of other Americans. Right, 382 00:19:28,200 --> 00:19:31,200 Speaker 1: my story isn't that unique like millions of other Americans. 383 00:19:31,200 --> 00:19:35,320 Speaker 1: And I had to rebuild, rebuild everything. Um, But because 384 00:19:35,320 --> 00:19:37,159 Speaker 1: I knew how to do it, I was able to 385 00:19:37,200 --> 00:19:39,840 Speaker 1: do that pretty quickly. And I want to give you 386 00:19:40,680 --> 00:19:43,920 Speaker 1: three secrets to become financially free. And one of them 387 00:19:44,040 --> 00:19:46,680 Speaker 1: is really the most important one. It's really it's it's everything. 388 00:19:47,080 --> 00:19:48,919 Speaker 1: And no matter where you're at, I don't care if 389 00:19:48,920 --> 00:19:51,639 Speaker 1: you're sixteen years old or you're sixty six years old. 390 00:19:51,840 --> 00:19:54,520 Speaker 1: I don't care if your W two employee, or you're 391 00:19:55,080 --> 00:19:59,520 Speaker 1: a contractor or whatever you are. This is the key, now, 392 00:19:59,680 --> 00:20:04,000 Speaker 1: I I wanted to tell you real quickly. Um, everybody, 393 00:20:05,680 --> 00:20:07,800 Speaker 1: let me change, Let me change that. Not everybody. Most 394 00:20:07,800 --> 00:20:12,080 Speaker 1: people want the secrets in life to be some secret 395 00:20:12,280 --> 00:20:16,160 Speaker 1: where it's something really hard and difficult to figure out. 396 00:20:16,480 --> 00:20:20,119 Speaker 1: But if I could just figure it out, then everything 397 00:20:20,160 --> 00:20:23,560 Speaker 1: comes easy. I want to get in shape. I wanna 398 00:20:23,680 --> 00:20:25,240 Speaker 1: I want to lose weight. I want to get back 399 00:20:25,280 --> 00:20:28,879 Speaker 1: to my college weight. Um, but it's it's so complex. 400 00:20:28,920 --> 00:20:31,600 Speaker 1: I don't know how. But if I could just get 401 00:20:31,640 --> 00:20:33,840 Speaker 1: the key, it would be easy. So I buy this 402 00:20:33,920 --> 00:20:37,520 Speaker 1: two watch, and I pay a hundred dollars a month 403 00:20:37,560 --> 00:20:40,240 Speaker 1: to get this new diet formed up, and I get 404 00:20:40,280 --> 00:20:43,080 Speaker 1: these two hundred dollar sneakers, and I go to these 405 00:20:43,080 --> 00:20:46,520 Speaker 1: classes and I do all these complex things when the 406 00:20:46,560 --> 00:20:48,680 Speaker 1: reality is is all you have to do is eat 407 00:20:48,680 --> 00:20:51,879 Speaker 1: good food. If you just eat meat and vegetables, and 408 00:20:51,960 --> 00:20:54,000 Speaker 1: that's it. You don't need to work out, you don't 409 00:20:54,000 --> 00:20:55,600 Speaker 1: need to count couch, you want to do anything. So 410 00:20:55,640 --> 00:20:58,719 Speaker 1: it's very simple, but it's not easy because you know 411 00:20:58,880 --> 00:21:00,919 Speaker 1: that cheesecake is calling your name late at night, right, 412 00:21:01,280 --> 00:21:04,159 Speaker 1: And so that's how the secrets in life are. And 413 00:21:04,200 --> 00:21:06,640 Speaker 1: so let's talk about a couple of these. Now, let's 414 00:21:06,640 --> 00:21:09,479 Speaker 1: just dive right in. So three habits for financial freedom. 415 00:21:09,600 --> 00:21:14,119 Speaker 1: So have a number one, again, very simple but not easy, 416 00:21:15,280 --> 00:21:17,960 Speaker 1: and that is to live on less than you earn. 417 00:21:18,920 --> 00:21:20,880 Speaker 1: Now I know that goes without saying. It's like, come on, Mark, 418 00:21:20,880 --> 00:21:23,000 Speaker 1: I thought you're gonna give me some secret. Well I'm sorry, 419 00:21:23,000 --> 00:21:25,199 Speaker 1: to tell you there really is no secret. But you 420 00:21:25,240 --> 00:21:26,399 Speaker 1: have to live on less than you earn. And the 421 00:21:26,440 --> 00:21:30,000 Speaker 1: reason why is because we must produce more than we 422 00:21:30,040 --> 00:21:33,159 Speaker 1: can consume, and then we have to save that so 423 00:21:33,320 --> 00:21:36,160 Speaker 1: it can be invested. Warren Buffett says, if you don't 424 00:21:36,160 --> 00:21:38,160 Speaker 1: figure ot how to make money while you sleep, you're 425 00:21:38,160 --> 00:21:40,879 Speaker 1: gonna be working until the day that you die. And 426 00:21:40,920 --> 00:21:42,960 Speaker 1: so the way that we make money while we sleep 427 00:21:43,359 --> 00:21:45,600 Speaker 1: is by living on less than we earn and putting 428 00:21:45,720 --> 00:21:48,919 Speaker 1: some of that money away so it can earn for 429 00:21:49,119 --> 00:21:51,159 Speaker 1: us while we're not working. And I don't care if 430 00:21:51,160 --> 00:21:52,800 Speaker 1: you're sixteen or sixty six, and I don't care if 431 00:21:52,800 --> 00:21:55,960 Speaker 1: you're w two or whatever. You can take a little 432 00:21:56,000 --> 00:21:58,440 Speaker 1: bit of money. I don't care if it's ten dollars 433 00:21:58,480 --> 00:22:02,800 Speaker 1: a month to to build the habit, build the habit. 434 00:22:03,000 --> 00:22:05,560 Speaker 1: Take your ten dollars a month and put it into 435 00:22:05,920 --> 00:22:08,199 Speaker 1: something some sort of You can put it into a stock. 436 00:22:08,560 --> 00:22:10,280 Speaker 1: You can put it into a reat so you can 437 00:22:10,280 --> 00:22:11,760 Speaker 1: buy You can buy a read which is like a 438 00:22:11,760 --> 00:22:13,800 Speaker 1: real estate investment trust, and that red can pay you 439 00:22:13,840 --> 00:22:15,320 Speaker 1: cash flow. So let's say that you don't have enough 440 00:22:15,320 --> 00:22:18,040 Speaker 1: money to go buy real estate to make money, Well, 441 00:22:18,119 --> 00:22:20,119 Speaker 1: you can go into a read a real estate investment 442 00:22:20,119 --> 00:22:22,400 Speaker 1: trust and put your ten dollars in there, and you're 443 00:22:22,440 --> 00:22:24,760 Speaker 1: basically getting all the benefits of only real estate for 444 00:22:24,840 --> 00:22:28,439 Speaker 1: ten bucks. You can buy institutional quality. So you can 445 00:22:28,440 --> 00:22:30,080 Speaker 1: do is. I mean, there's million ways you can do. 446 00:22:30,119 --> 00:22:31,280 Speaker 1: I'm not gonna dig into all the ways that you 447 00:22:31,320 --> 00:22:33,480 Speaker 1: can start to invest, but start to build the habit. 448 00:22:33,520 --> 00:22:35,720 Speaker 1: I don't care if it's ten dollars a month, build 449 00:22:35,720 --> 00:22:37,760 Speaker 1: that habit. It's the only way. I don't care. If 450 00:22:37,760 --> 00:22:39,520 Speaker 1: you make ten dollars a month, I don't care. If 451 00:22:39,520 --> 00:22:42,040 Speaker 1: you make a hundred million a month, you have to 452 00:22:42,080 --> 00:22:44,480 Speaker 1: live on less than you earn. Now I think it 453 00:22:44,560 --> 00:22:48,160 Speaker 1: was sixty o No, no, I think it was fort 454 00:22:48,800 --> 00:22:52,080 Speaker 1: of people making more than two hundred tho dollars a 455 00:22:52,160 --> 00:22:56,200 Speaker 1: year report still living paycheck to paycheck. So you can 456 00:22:56,280 --> 00:23:00,359 Speaker 1: be rich making two year or five. You can be 457 00:23:00,480 --> 00:23:04,960 Speaker 1: rich but still be broke. Wealth is when you have 458 00:23:05,240 --> 00:23:09,119 Speaker 1: assets that are earning for you. And even if you 459 00:23:09,200 --> 00:23:12,840 Speaker 1: make ten dollars a month, you can build assets. All right. 460 00:23:13,040 --> 00:23:15,399 Speaker 1: You make ten bucks a month, you spend nine. You 461 00:23:15,480 --> 00:23:18,439 Speaker 1: put a dollar into a read A dividend stock and 462 00:23:18,520 --> 00:23:21,680 Speaker 1: it's paying you. That's wealth. All right, So that's step no. One. 463 00:23:22,119 --> 00:23:25,199 Speaker 1: Here's step number two. Here's the biggest one. This is 464 00:23:25,240 --> 00:23:30,760 Speaker 1: really the key. Maximize your ability to earn. Now again, 465 00:23:30,840 --> 00:23:32,280 Speaker 1: I don't care if your W two, I don't care 466 00:23:32,320 --> 00:23:34,000 Speaker 1: if your contractor. I don't care if you own a business. 467 00:23:34,040 --> 00:23:37,840 Speaker 1: It doesn't really matter. You get paid for the value 468 00:23:38,280 --> 00:23:43,679 Speaker 1: you provide. Now, You're single biggest source of income is 469 00:23:43,720 --> 00:23:45,840 Speaker 1: your job. It will always be your job. It should 470 00:23:45,840 --> 00:23:47,760 Speaker 1: always be your job. I see way too many people 471 00:23:47,800 --> 00:23:51,320 Speaker 1: coming into my investment courses and my investment newsletters and 472 00:23:51,359 --> 00:23:53,120 Speaker 1: things like that, and they want to quit their job 473 00:23:53,160 --> 00:23:55,960 Speaker 1: and be a full time investor. That's not how it works. 474 00:23:56,280 --> 00:23:58,960 Speaker 1: The best investors in the world, Warm Buffet, Ratealo. They 475 00:23:58,960 --> 00:24:02,280 Speaker 1: still go to work every day at a company. Warren 476 00:24:02,280 --> 00:24:06,639 Speaker 1: Buffett goes to Berkshire Hathaway, right, and so they still 477 00:24:06,760 --> 00:24:09,080 Speaker 1: have a job. Your job is the single biggest source 478 00:24:09,080 --> 00:24:12,639 Speaker 1: of income. But how you need to always constantly be 479 00:24:12,680 --> 00:24:14,640 Speaker 1: increasing in that And how do you do that when 480 00:24:14,640 --> 00:24:19,040 Speaker 1: you make more money as your skill rises? So you 481 00:24:19,119 --> 00:24:23,960 Speaker 1: have to improve your skills. Now, I believe that, um, 482 00:24:24,000 --> 00:24:27,040 Speaker 1: the best skills are the ones that are closest to 483 00:24:27,080 --> 00:24:30,280 Speaker 1: the money supply. So those are typically around sales and marketing. 484 00:24:30,880 --> 00:24:33,320 Speaker 1: When I had to start all over in two thousand 485 00:24:33,440 --> 00:24:36,560 Speaker 1: eight or two thousand nine, I had lost my income, 486 00:24:36,600 --> 00:24:38,560 Speaker 1: I had lost my assets. I had to start over. 487 00:24:39,000 --> 00:24:42,000 Speaker 1: But I know sales and marketing. So the very first 488 00:24:42,040 --> 00:24:43,600 Speaker 1: thing I did is I had a friend that had 489 00:24:43,640 --> 00:24:45,919 Speaker 1: a mortgage company and they said, Hey, Mark, if you 490 00:24:45,920 --> 00:24:48,760 Speaker 1: could generate leads for me people that want to get 491 00:24:48,800 --> 00:24:52,200 Speaker 1: their mortgages, I could pay you a percentage back. So 492 00:24:52,280 --> 00:24:55,400 Speaker 1: he was basically saying, Mark, if you bring me money, 493 00:24:55,560 --> 00:24:58,479 Speaker 1: I'll give you some I'll share that money with you. Now, 494 00:24:58,520 --> 00:25:01,919 Speaker 1: who wouldn't I bet you I could go down to 495 00:25:02,080 --> 00:25:06,040 Speaker 1: my downtown area and walk into any one of these businesses, anyone, 496 00:25:06,520 --> 00:25:07,880 Speaker 1: and I could if I could talk to the owner, 497 00:25:07,920 --> 00:25:09,760 Speaker 1: and I would say, Hey, if I bring you a 498 00:25:09,880 --> 00:25:13,520 Speaker 1: million dollars in sales this year, would you give me 499 00:25:13,560 --> 00:25:16,399 Speaker 1: a hundred thousand of it? And I bet you every 500 00:25:16,440 --> 00:25:19,800 Speaker 1: single one would say yes. Why wouldn't they Why wouldn't 501 00:25:19,840 --> 00:25:21,600 Speaker 1: they want that? And that's exactly what I did with 502 00:25:21,640 --> 00:25:23,440 Speaker 1: my buddy. He said, Hey, if you bring me money, 503 00:25:23,520 --> 00:25:26,080 Speaker 1: I'll give you some of the money back. And I did. 504 00:25:26,800 --> 00:25:29,040 Speaker 1: And so I have that skill, and so I would 505 00:25:29,040 --> 00:25:32,480 Speaker 1: recommend learning a skill around that the quickest way to 506 00:25:32,480 --> 00:25:35,000 Speaker 1: make more money to improve your skills. UM. I also 507 00:25:35,040 --> 00:25:38,560 Speaker 1: look at it as like a way to um, as 508 00:25:38,560 --> 00:25:42,840 Speaker 1: a way to uh. It's really uh, it's it's the trade. 509 00:25:42,920 --> 00:25:45,159 Speaker 1: I have a daughter just graduated high school. Lots of 510 00:25:45,200 --> 00:25:47,800 Speaker 1: our friends graduated high school. UM. Some of them didn't 511 00:25:47,800 --> 00:25:50,280 Speaker 1: go to college. Some did. One of our good friends 512 00:25:50,359 --> 00:25:52,960 Speaker 1: went to college, and he's dropping out now and he 513 00:25:53,000 --> 00:25:55,520 Speaker 1: wants to start welding. He wants to learn a trade. 514 00:25:55,880 --> 00:25:57,800 Speaker 1: A lot of his friends already started welding. They've already 515 00:25:57,840 --> 00:26:01,120 Speaker 1: joined union, is already making good money. The voting someone 516 00:26:01,200 --> 00:26:02,520 Speaker 1: you know, and so it's like you can learn a 517 00:26:02,560 --> 00:26:05,920 Speaker 1: trade now. I just think that trades were typically welding, framing, plumbing, 518 00:26:06,320 --> 00:26:08,399 Speaker 1: et cetera. If I was going to build a house 519 00:26:08,640 --> 00:26:11,000 Speaker 1: or build a build a building, I would hire trades 520 00:26:11,119 --> 00:26:14,080 Speaker 1: and hire a framer, a roof for a plumber. If 521 00:26:14,119 --> 00:26:16,760 Speaker 1: I want to build a business, I also hire trades. 522 00:26:17,320 --> 00:26:23,680 Speaker 1: And those trades are copyrighting, paid ads, video editing, graphic 523 00:26:23,760 --> 00:26:27,639 Speaker 1: design right, and those are also trades. Now. The beauty 524 00:26:27,680 --> 00:26:30,040 Speaker 1: of those types of trades is that you are free 525 00:26:30,080 --> 00:26:34,679 Speaker 1: from tyranny of place and time, most likely as opposed 526 00:26:34,720 --> 00:26:35,840 Speaker 1: to be in a welder. You have to be at 527 00:26:35,840 --> 00:26:37,719 Speaker 1: a certain place at a certain time to weld. So 528 00:26:37,760 --> 00:26:40,120 Speaker 1: those are the types of skills that I would look 529 00:26:40,160 --> 00:26:43,400 Speaker 1: to do. Now you can learn how to do any 530 00:26:43,440 --> 00:26:46,640 Speaker 1: of those online on YouTube, or you can buy courses 531 00:26:46,680 --> 00:26:49,040 Speaker 1: for fifty bucks or five bucks or five thousand bucks, 532 00:26:49,040 --> 00:26:51,159 Speaker 1: depending on the level that you want to learn, and 533 00:26:51,200 --> 00:26:54,560 Speaker 1: then you can go deliver those for free. Go find 534 00:26:54,600 --> 00:26:57,000 Speaker 1: a business owner and say hey, can I run your 535 00:26:57,040 --> 00:27:00,240 Speaker 1: paid ads? Can I do copyrighting? Can I do this 536 00:27:00,320 --> 00:27:03,120 Speaker 1: for you for free until you're able to get them results. 537 00:27:03,400 --> 00:27:05,480 Speaker 1: Once you're able to get them results, go to somebody 538 00:27:05,520 --> 00:27:08,960 Speaker 1: else and show them the same results, and eventually people 539 00:27:08,960 --> 00:27:11,960 Speaker 1: will be paying you for those skills. Now, this is 540 00:27:12,000 --> 00:27:15,200 Speaker 1: a never ending role because you always want to continue 541 00:27:15,520 --> 00:27:18,159 Speaker 1: to add to your skills. Now, if that sounds tiring, 542 00:27:18,760 --> 00:27:21,320 Speaker 1: it is. And if that sounds tiring and you don't 543 00:27:21,320 --> 00:27:22,960 Speaker 1: want to do it, then just go get a job 544 00:27:22,960 --> 00:27:25,480 Speaker 1: at McDonald's. All right, you're listening to the Mark Moa show. 545 00:27:25,520 --> 00:27:28,800 Speaker 1: We're talking about the three habits to maximize your wealth 546 00:27:28,840 --> 00:27:31,680 Speaker 1: and become financially free. Three. I got secret number three 547 00:27:31,720 --> 00:27:33,800 Speaker 1: coming up when I come back. You don't want to 548 00:27:33,800 --> 00:27:35,440 Speaker 1: miss it. I gotta take a quick break, so don't 549 00:27:35,480 --> 00:27:37,639 Speaker 1: go away. All right, welcome back. If you're just tune in, 550 00:27:37,680 --> 00:27:39,960 Speaker 1: you're listening to the Mark Mo Show. We're talking about 551 00:27:39,960 --> 00:27:42,919 Speaker 1: the decentralized revolution. Because the world we're going into is 552 00:27:43,040 --> 00:27:47,280 Speaker 1: not the same as the world we're leaving behind. And 553 00:27:47,320 --> 00:27:49,000 Speaker 1: if you don't know that by now, you haven't been 554 00:27:49,000 --> 00:27:51,080 Speaker 1: paying attention. But that's the way it is now. I 555 00:27:51,119 --> 00:27:52,560 Speaker 1: talked about that every week as we look at through 556 00:27:52,560 --> 00:27:55,040 Speaker 1: the lens of politics, finance, and technology. We covered what 557 00:27:55,200 --> 00:27:58,000 Speaker 1: to be watching for and what I think is going 558 00:27:58,040 --> 00:28:00,760 Speaker 1: to happen in the financial market. It's in in the 559 00:28:00,800 --> 00:28:03,800 Speaker 1: wars and geopolitics and all those things. UM, and now 560 00:28:03,800 --> 00:28:09,960 Speaker 1: we're talking about how to build more wealth become financially free. Now, 561 00:28:10,240 --> 00:28:14,120 Speaker 1: the third one I just talked about, UM Number number 562 00:28:14,160 --> 00:28:18,679 Speaker 1: two was to increase the skills that you have so 563 00:28:18,680 --> 00:28:20,000 Speaker 1: you can earn more money. You get paid for the 564 00:28:20,040 --> 00:28:21,680 Speaker 1: value provide. So you want to make more money, you 565 00:28:21,680 --> 00:28:23,480 Speaker 1: gotta provide more skill or more value. How do you 566 00:28:23,480 --> 00:28:25,919 Speaker 1: provide more value? You've got to increase your skills. That 567 00:28:26,000 --> 00:28:29,720 Speaker 1: takes time. You got to do that takes perseverance. Now, UM, 568 00:28:29,760 --> 00:28:32,480 Speaker 1: this does kind of coincide with something else where. I 569 00:28:32,520 --> 00:28:36,399 Speaker 1: believe that we are the world's changing, and I believe 570 00:28:36,440 --> 00:28:39,720 Speaker 1: we are witnessing the birth of a whole new what 571 00:28:39,800 --> 00:28:42,480 Speaker 1: I call parallel economy. You might have heard other people 572 00:28:42,520 --> 00:28:46,080 Speaker 1: talking about this, the parallel economy. It's the way that 573 00:28:46,160 --> 00:28:48,600 Speaker 1: we win. It's the way that we push back and 574 00:28:48,680 --> 00:28:52,560 Speaker 1: defeat tyranny by setting up the parallel economy. I believe 575 00:28:52,600 --> 00:28:55,480 Speaker 1: it's also the single greatest opportunity that you and I 576 00:28:55,560 --> 00:28:58,600 Speaker 1: have right now to build wealth. It's a blue ocean. 577 00:28:58,720 --> 00:29:03,000 Speaker 1: Nobody's doing it, and everybody wants it. No matter what 578 00:29:03,160 --> 00:29:06,080 Speaker 1: your businesses, or what skill you have, or what skill 579 00:29:06,120 --> 00:29:08,480 Speaker 1: you want to learn, you can apply it in the 580 00:29:08,560 --> 00:29:13,040 Speaker 1: parallel economy to make massive wealth fast and defeat tyranny. 581 00:29:13,200 --> 00:29:18,360 Speaker 1: I'm gonna have a three day live virtual workshop, and 582 00:29:18,360 --> 00:29:20,240 Speaker 1: I'm gonna have some experts and some speakers, and we're 583 00:29:20,240 --> 00:29:23,600 Speaker 1: gonna talk about what this parallel economy is, how you 584 00:29:23,640 --> 00:29:26,160 Speaker 1: can tap into it with your existing business or your skills, 585 00:29:26,400 --> 00:29:29,360 Speaker 1: how you can build new skills to build wealth fast 586 00:29:29,440 --> 00:29:32,240 Speaker 1: in this parallel economy, and how we can use this 587 00:29:32,600 --> 00:29:35,680 Speaker 1: to preserve our freedom for ourselves, for our kids and 588 00:29:35,680 --> 00:29:39,680 Speaker 1: our grandkids. It's gonna be massive. It's something that's uh, 589 00:29:39,720 --> 00:29:42,400 Speaker 1: it's where I'm moving for the next year because I 590 00:29:42,440 --> 00:29:44,080 Speaker 1: care about the world. I want to push back on 591 00:29:44,120 --> 00:29:46,880 Speaker 1: tyranny for my kids. And we can do it. And 592 00:29:46,920 --> 00:29:49,480 Speaker 1: it's the greatest opportunity that we have. Uh. I'm calling 593 00:29:49,480 --> 00:29:51,840 Speaker 1: it the Parallel Protocol. You can check it out. Go 594 00:29:51,880 --> 00:29:55,520 Speaker 1: to go dot one, Mark Moss dot com, Go dot one, 595 00:29:55,560 --> 00:29:59,520 Speaker 1: Mark Moss dot com, slash radio, go dot one, Mark 596 00:29:59,600 --> 00:30:03,320 Speaker 1: Moss dot Calm, slash Radio. Check it out. Three days 597 00:30:03,440 --> 00:30:06,480 Speaker 1: of live training on the biggest opportunity to make money 598 00:30:06,520 --> 00:30:11,440 Speaker 1: and beat Tierney. All right, Now, jumping back in number three. Now, Um, 599 00:30:11,520 --> 00:30:14,440 Speaker 1: they say that the average you know, billionaire, I think 600 00:30:14,440 --> 00:30:16,960 Speaker 1: it has like seven streams of income, all right, And 601 00:30:17,040 --> 00:30:20,360 Speaker 1: so we talked about this habit. Number one was living 602 00:30:20,360 --> 00:30:21,880 Speaker 1: on less than you earn, and you have to live 603 00:30:21,880 --> 00:30:23,960 Speaker 1: on less than you earn so that that what you 604 00:30:24,120 --> 00:30:30,200 Speaker 1: save can be another source of income. Right and so, um, 605 00:30:30,360 --> 00:30:32,320 Speaker 1: you live on less than you earn and you create 606 00:30:32,360 --> 00:30:33,920 Speaker 1: that multiple stream of income. Now, there's a couple of 607 00:30:33,920 --> 00:30:35,960 Speaker 1: ways that you can do that. Um. You know, you 608 00:30:36,000 --> 00:30:38,560 Speaker 1: can do it with income producing stocks like divid in stocks. 609 00:30:38,600 --> 00:30:40,080 Speaker 1: Like I said, you could do it with reats, real 610 00:30:40,160 --> 00:30:43,240 Speaker 1: estate investment trusts. UM. You know, you can create a 611 00:30:43,320 --> 00:30:45,320 Speaker 1: side hustle and do things like that. Now, I think, 612 00:30:45,360 --> 00:30:49,400 Speaker 1: for the most part, in my opinion, unless you're really 613 00:30:49,440 --> 00:30:51,680 Speaker 1: young and you're kind of like maybe in part time jobs, 614 00:30:51,720 --> 00:30:54,800 Speaker 1: I think side hustles, honestly, it's a little bit of 615 00:30:54,800 --> 00:30:59,120 Speaker 1: a distraction. UM. I think it's better to be really 616 00:30:59,360 --> 00:31:02,479 Speaker 1: single minded focus on what is that you're trying to do, 617 00:31:02,880 --> 00:31:05,160 Speaker 1: rather than go create all these different side hustles. But 618 00:31:05,520 --> 00:31:07,600 Speaker 1: let's say that you're kind of in this part time job, 619 00:31:07,640 --> 00:31:09,560 Speaker 1: you're a student, or you know you're in this this 620 00:31:09,600 --> 00:31:11,920 Speaker 1: part time job, and you're looking for the next thing, Well, 621 00:31:11,920 --> 00:31:13,800 Speaker 1: then side hustles are a great way to test that 622 00:31:13,840 --> 00:31:16,320 Speaker 1: new thing before you jump into it full time. My 623 00:31:16,400 --> 00:31:19,440 Speaker 1: first business, I only ever had one job my whole life, 624 00:31:19,560 --> 00:31:21,520 Speaker 1: and then I started a business. But I ran that 625 00:31:21,600 --> 00:31:24,680 Speaker 1: business for about six months on the side as a 626 00:31:24,680 --> 00:31:27,600 Speaker 1: side hustle until it was up running enough until I 627 00:31:27,640 --> 00:31:29,600 Speaker 1: kind of proved it, and then I left my job 628 00:31:29,720 --> 00:31:31,959 Speaker 1: and I went full time into that. UM. And so 629 00:31:32,080 --> 00:31:33,400 Speaker 1: that's what i'd kind of recommend if you want to 630 00:31:33,440 --> 00:31:37,280 Speaker 1: do a side hustle as you're testing the waters do that. Otherwise, 631 00:31:37,360 --> 00:31:40,000 Speaker 1: you want things that are more passive. Focus on building 632 00:31:40,000 --> 00:31:42,920 Speaker 1: your skills for providing those skills. If you get one 633 00:31:42,960 --> 00:31:45,719 Speaker 1: skill and provided to the marketplace with a little bit 634 00:31:45,720 --> 00:31:47,000 Speaker 1: of skill, you should able to get that to a 635 00:31:47,080 --> 00:31:50,720 Speaker 1: million dollars. Then create those multiple streams of income by 636 00:31:50,960 --> 00:31:55,280 Speaker 1: saving and reinvesting the surplus capital and like I said, 637 00:31:55,440 --> 00:32:00,320 Speaker 1: income producing assets. If you do that, typically within about 638 00:32:00,360 --> 00:32:05,600 Speaker 1: seven years, you could become wealthy. You could probably become 639 00:32:07,320 --> 00:32:09,320 Speaker 1: financially free. Let me let me give you an example. 640 00:32:09,440 --> 00:32:14,200 Speaker 1: Let's just say for example that let's say that you 641 00:32:14,360 --> 00:32:18,280 Speaker 1: save five bucks a month. Maybe that's a lot for you. 642 00:32:19,000 --> 00:32:22,280 Speaker 1: Let's say you say five bucks a month um. In 643 00:32:22,440 --> 00:32:29,280 Speaker 1: a year, that's six thousand dollars. For six thousand dollars um, 644 00:32:29,320 --> 00:32:32,560 Speaker 1: I might be able to go buy a house in 645 00:32:32,680 --> 00:32:40,480 Speaker 1: Missouri or Kansas or Ohio. Okay, So now I take 646 00:32:40,480 --> 00:32:42,520 Speaker 1: that house and I buy it. And now that house 647 00:32:43,040 --> 00:32:46,720 Speaker 1: makes me, say four or five bucks a month. And 648 00:32:46,800 --> 00:32:49,040 Speaker 1: now that four or five bucks a month goes into 649 00:32:49,080 --> 00:32:50,720 Speaker 1: a bank. I don't need it because I'm still working, 650 00:32:51,120 --> 00:32:53,520 Speaker 1: And that four goes into the bank every single month. 651 00:32:53,600 --> 00:32:56,200 Speaker 1: And let's say that it takes two years and within 652 00:32:56,280 --> 00:33:00,320 Speaker 1: two years. Now I have twelve tho dollars and I 653 00:33:00,320 --> 00:33:02,600 Speaker 1: have enough to buy a second house. Now i have 654 00:33:02,680 --> 00:33:05,160 Speaker 1: two houses going into a bank account, and I'm still working. 655 00:33:05,200 --> 00:33:06,640 Speaker 1: I don't touch the money. It goes in bank. And 656 00:33:06,680 --> 00:33:09,520 Speaker 1: now after a year, I have another twelve thousand buy 657 00:33:09,560 --> 00:33:12,960 Speaker 1: another house. And then after another year, I buy two houses, 658 00:33:13,000 --> 00:33:15,000 Speaker 1: and then after another year I buy three houses. And 659 00:33:15,040 --> 00:33:18,600 Speaker 1: within seven years you could have four or five houses, 660 00:33:19,320 --> 00:33:21,880 Speaker 1: and you could have thousands of dollars of income coming in. 661 00:33:22,120 --> 00:33:25,000 Speaker 1: It just takes a while. I understand. In the crypto 662 00:33:25,080 --> 00:33:27,640 Speaker 1: broad as, you want to make your hundred thousand percent 663 00:33:27,720 --> 00:33:30,720 Speaker 1: return on your cryptocurrency, but instead it all gets taken 664 00:33:30,720 --> 00:33:33,440 Speaker 1: by Celsius or f t X. The way that you 665 00:33:33,480 --> 00:33:37,760 Speaker 1: build lifelong wealth is by living unless than you urn 666 00:33:38,040 --> 00:33:41,360 Speaker 1: and putting it aside into things that can compound over time, 667 00:33:42,000 --> 00:33:45,080 Speaker 1: whether that's the ret income producing thing or or some 668 00:33:45,120 --> 00:33:48,400 Speaker 1: sort of real estate like that. It makes habit number 669 00:33:48,440 --> 00:33:52,480 Speaker 1: one the most important thing, and then increasing your income. 670 00:33:52,520 --> 00:33:56,280 Speaker 1: Now you know, my mission is trying to help people 671 00:33:56,560 --> 00:33:59,800 Speaker 1: navigate this new decentralized revolution. The world is changing, of 672 00:34:00,000 --> 00:34:02,320 Speaker 1: worse the world that Comic Forum has openly stated what 673 00:34:02,360 --> 00:34:04,360 Speaker 1: their goal is of course, for you to own nothing 674 00:34:04,360 --> 00:34:07,160 Speaker 1: and be happy. But I want you to be an owner. 675 00:34:08,120 --> 00:34:09,840 Speaker 1: I want you to own a house. I want you 676 00:34:09,880 --> 00:34:12,439 Speaker 1: to own investments. I want you to own your car. 677 00:34:12,520 --> 00:34:14,080 Speaker 1: I don't want you to own nothing to be happy. 678 00:34:14,520 --> 00:34:17,040 Speaker 1: And so that's why I'm trying to help you out here. 679 00:34:17,080 --> 00:34:19,520 Speaker 1: If you can build more wealth, if you can, if 680 00:34:19,520 --> 00:34:21,960 Speaker 1: you can accumulate more more wealth, if you can preserve 681 00:34:22,080 --> 00:34:24,720 Speaker 1: more wealth, then you won't end up owning and nothing 682 00:34:24,760 --> 00:34:28,240 Speaker 1: and being happy. Now, the single greatest way to build 683 00:34:28,239 --> 00:34:31,920 Speaker 1: that wealth, I believe, is in this new parallel economy 684 00:34:32,239 --> 00:34:37,240 Speaker 1: that's building up. It's uh, the biggest opportunity I'm talking about. 685 00:34:37,320 --> 00:34:40,040 Speaker 1: You know, Socrates said, focus all your energy not on 686 00:34:40,120 --> 00:34:43,200 Speaker 1: fighting the old. But I'm building the new. And so 687 00:34:43,280 --> 00:34:48,440 Speaker 1: we cannot change the education system, we can't change the 688 00:34:48,880 --> 00:34:52,239 Speaker 1: financial system. We can't change the mainstream media. We can't 689 00:34:52,320 --> 00:34:55,399 Speaker 1: change the medical system. Can't change any of that. It's 690 00:34:55,440 --> 00:34:57,960 Speaker 1: not even worth trying. It's not even wasting. It's not 691 00:34:58,000 --> 00:35:01,360 Speaker 1: worth wasting any time effort or energy into that. But 692 00:35:01,520 --> 00:35:06,239 Speaker 1: we can do is we can create parallel structures. That's 693 00:35:06,239 --> 00:35:09,360 Speaker 1: what I'm doing. I'm not on mainstream media. I'm not 694 00:35:09,400 --> 00:35:12,839 Speaker 1: on CNN. I created my own media network. Right, we 695 00:35:12,880 --> 00:35:14,960 Speaker 1: can do that, and that is great opportunity. Now, on 696 00:35:15,000 --> 00:35:18,160 Speaker 1: top of that, as you've seen through the last election 697 00:35:18,680 --> 00:35:20,799 Speaker 1: and and the election before that and the election before that, 698 00:35:21,440 --> 00:35:24,960 Speaker 1: your vote means little, little, very little these days, and 699 00:35:25,000 --> 00:35:27,680 Speaker 1: a lot of people feel very defeated because of that. Right, 700 00:35:27,880 --> 00:35:30,239 Speaker 1: you see this omnibus bill and the government's trying to 701 00:35:30,360 --> 00:35:32,960 Speaker 1: ram through all the spending one point seven trillion dollars. 702 00:35:32,960 --> 00:35:36,160 Speaker 1: They're gonna send four million to secure borders for other countries, 703 00:35:36,880 --> 00:35:39,880 Speaker 1: but expressly prohibit us spending any money for our border. 704 00:35:40,320 --> 00:35:43,880 Speaker 1: We're gonna send two hundred million to Pakistan for gender studies. 705 00:35:44,000 --> 00:35:46,480 Speaker 1: We're gonna spend almost a million dollars so in l 706 00:35:46,520 --> 00:35:51,239 Speaker 1: a transgroup can teach trans education in elementary schools. And 707 00:35:51,280 --> 00:35:53,719 Speaker 1: I don't like that, and you probably don't like that either, 708 00:35:53,760 --> 00:35:56,319 Speaker 1: and you feel very defeated. You're a victim. But what 709 00:35:56,360 --> 00:35:58,279 Speaker 1: can we do? What can we do? We can't do 710 00:35:58,320 --> 00:36:00,040 Speaker 1: anything about it, Let's just ignore it. We can't do 711 00:36:00,040 --> 00:36:03,560 Speaker 1: anything about it. Wrong. We can do something about it. 712 00:36:03,920 --> 00:36:06,200 Speaker 1: We do it by building the parallel economy. It's the 713 00:36:06,280 --> 00:36:08,920 Speaker 1: single greatest opportunity we have, and it's how we affect 714 00:36:08,920 --> 00:36:11,520 Speaker 1: the most change, give people a way to vote with 715 00:36:11,640 --> 00:36:16,440 Speaker 1: their money. Like I said, that's the opportunity. Go for it, 716 00:36:16,800 --> 00:36:18,359 Speaker 1: run it now. If you'd like a little bit more help, 717 00:36:18,400 --> 00:36:21,920 Speaker 1: I'm bringing in some panels, some experts, some uh, some 718 00:36:21,960 --> 00:36:24,719 Speaker 1: people that can explain to you what this parallel economy is, 719 00:36:24,800 --> 00:36:27,680 Speaker 1: give you ideas of how you can build into this 720 00:36:28,080 --> 00:36:30,880 Speaker 1: and more importantly, how we can use this to change 721 00:36:30,920 --> 00:36:32,640 Speaker 1: the world that we have in front of us, for 722 00:36:32,680 --> 00:36:34,839 Speaker 1: our kids and for our grandkids. Go to go dot 723 00:36:34,840 --> 00:36:38,759 Speaker 1: one Mark Moss dot com slash radio Go dot one 724 00:36:38,800 --> 00:36:42,080 Speaker 1: Mark Moss dot com slash radio to find out about 725 00:36:42,080 --> 00:36:45,120 Speaker 1: this three D event I'm having and uh, I'd love 726 00:36:45,160 --> 00:36:48,200 Speaker 1: to help you out and more importantly change the world. 727 00:36:48,320 --> 00:36:50,200 Speaker 1: All right now, you're listening to the Mark Mos Show. 728 00:36:50,239 --> 00:36:52,480 Speaker 1: Of course I talk about the decentralized revolution each and 729 00:36:52,480 --> 00:36:55,440 Speaker 1: every day, the way the world is changing right before 730 00:36:55,440 --> 00:36:58,319 Speaker 1: our very eyes as we look at through lends of politics, 731 00:36:58,480 --> 00:37:01,759 Speaker 1: finance and technologe. And that's what I got, That's what 732 00:37:01,800 --> 00:37:04,400 Speaker 1: we got for today. Thanks so much for listening. Until 733 00:37:04,440 --> 00:37:04,839 Speaker 1: next time,