WEBVTT - Watching 2023: World War 3 - Bitcoin FUD 0:00:00.040 --> 0:00:01.920 Hello, and welcome back to another episode of The Mark 0:00:02.040 --> 0:00:04.840 Moss Show, where we talk about the decentralized revolution, the 0:00:04.840 --> 0:00:07.680 way the world is changing. The world is not going 0:00:07.760 --> 0:00:11.400 to be the same. It's changing. Just because it's been 0:00:12.039 --> 0:00:14.720 similar for your lifetime in this very short period of 0:00:14.720 --> 0:00:16.960 time does not mean that's going to be the way 0:00:16.960 --> 0:00:18.080 it will be in the future. And if you don't 0:00:18.160 --> 0:00:21.239 understand this, it's not gonna work out too well for you. 0:00:21.239 --> 0:00:22.720 But I don't worry. I got your back. I got 0:00:22.760 --> 0:00:24.239 your back. Each and every week I bring you the 0:00:24.320 --> 0:00:26.079 latest breaking news as we look at through the lens 0:00:26.120 --> 0:00:30.479 of politics, finance, and technology. Now I covered some of 0:00:30.480 --> 0:00:34.160 the biggest signposts of the year of two that show 0:00:34.280 --> 0:00:37.120 us that we are changing, that the pendulum is swinging 0:00:37.159 --> 0:00:41.479 back from centralization centralization to decentralization. Now, I want to 0:00:41.479 --> 0:00:45.760 give you some things to watch for in what's gonna 0:00:45.760 --> 0:00:47.360 happen in twenty three? What are the things that we 0:00:47.400 --> 0:00:49.599 want to keep an eye on. And then I want 0:00:49.640 --> 0:00:53.239 to talk about what you can do in light of 0:00:53.280 --> 0:00:57.680 these changes to become financially free in three. All right, 0:00:57.720 --> 0:00:59.760 so we're gonna cover this. I got a lot to cover. 0:01:00.080 --> 0:01:02.279 Bear with me, don't go away and let's just dig 0:01:02.360 --> 0:01:04.640 right into it. So, like I said, I already covered 0:01:04.840 --> 0:01:07.280 all the big sign post of two. If you miss that, 0:01:07.440 --> 0:01:09.679 don't worry, I got your back. You can just catch 0:01:09.720 --> 0:01:12.040 it on your favorite podcast player, the heart radio app 0:01:12.680 --> 0:01:15.200 iTunes just search Mark Moss Show, or you can go 0:01:15.240 --> 0:01:19.280 to my YouTube channel and search Market Disruptors. On the 0:01:19.319 --> 0:01:21.680 Market Disrupters channel, you can listen and watch me at 0:01:21.680 --> 0:01:25.040 the same time. Also, if you'd like the more play 0:01:25.080 --> 0:01:26.680 by Pelly on the daily, you can follow me on 0:01:26.720 --> 0:01:29.560 Twitter at one Mark Moss at one Mark Moss. All right, 0:01:29.600 --> 0:01:31.440 so a couple of big things we talked about in 0:01:32.120 --> 0:01:34.800 two and what to watch for A couple things that 0:01:34.880 --> 0:01:39.560 I have my eye on is the Russia Ukraine US situation. 0:01:39.720 --> 0:01:42.319 Now there's a couple of things. This is one of 0:01:42.360 --> 0:01:44.319 the most important things in the world going on right now. 0:01:44.360 --> 0:01:47.120 It affects the entire world from many levels. From an 0:01:47.240 --> 0:01:51.080 energy level, of course, Russia UM exports a massive amount 0:01:51.080 --> 0:01:54.720 of energy, both oil and natural gas, um commodities, but 0:01:54.920 --> 0:01:59.280 also food, a lot of wheat grains, fertilizers, things like that. 0:01:59.320 --> 0:02:01.480 So this is the big all eyes on that and 0:02:01.520 --> 0:02:04.080 more importantly, I mean, for for a bunch of different reasons, 0:02:04.080 --> 0:02:06.600 but a couple of things that I'm watching. One for 0:02:06.640 --> 0:02:08.400 the first time in my life, and I was both 0:02:08.440 --> 0:02:13.560 born under the Cold War. UM I watched in UH 0:02:13.600 --> 0:02:16.239 in high school, I watched the fall of the USSR 0:02:16.400 --> 0:02:19.000 and the fall of the Berlin Wall, So I lived 0:02:19.080 --> 0:02:22.079 under that. Maybe I was too young, but I really 0:02:22.120 --> 0:02:23.799 don't think it was a threat. But for the first 0:02:23.800 --> 0:02:25.959 time in my life, we have a real danger of 0:02:26.080 --> 0:02:30.440 nuclear war. We really do. And it's something that bothers 0:02:30.440 --> 0:02:33.640 me because the United States government, just the neo cons 0:02:33.720 --> 0:02:37.560 inside the government just want this war so bad, so bad. 0:02:38.320 --> 0:02:40.880 It's been peace has been tried to be negotiated before 0:02:40.919 --> 0:02:43.359 it broke out. It's been tried to negotiate many many 0:02:43.360 --> 0:02:45.720 times throughout and the neo cons in the US government 0:02:45.840 --> 0:02:50.679 just do not want peace at all. UM. They're threatening 0:02:50.760 --> 0:02:55.320 nuclear war. The US is UM is really really pushing this. UM. 0:02:55.400 --> 0:02:57.400 They are saying that they'll do everything they can to 0:02:57.400 --> 0:02:59.959 make sure Putin's defeated, and if he's half as bad 0:03:00.000 --> 0:03:02.280 as they make them sound out to be, then there's 0:03:02.280 --> 0:03:04.720 a real threat of nuclear war here. So that's something 0:03:04.760 --> 0:03:09.359 I'm keeping my eye on now. UM. I think all 0:03:09.400 --> 0:03:13.040 of this comes to a head in either this sort 0:03:13.040 --> 0:03:16.240 of we kind of come to some sort of a 0:03:16.320 --> 0:03:19.840 de escalation Cold war is my most probable case, my 0:03:19.919 --> 0:03:22.960 base case. I think probably within the next you know, 0:03:23.040 --> 0:03:25.000 six eight months, there will be some sort of a 0:03:25.040 --> 0:03:29.800 peace agreement. Maybe half of Ukraine goes to Russia, the 0:03:29.840 --> 0:03:31.760 other half of Ukraine kind of goes to NATO, and 0:03:31.840 --> 0:03:33.960 both both sides kind of agree just to kind of 0:03:34.000 --> 0:03:37.120 hold there. Um, that's probably my my base case, but 0:03:37.160 --> 0:03:40.400 maybe that's also my optimism bias. Talking like I said, 0:03:40.440 --> 0:03:42.760 the neo cons do not want the war to end, 0:03:42.920 --> 0:03:44.600 partly because it's the way they put all the money 0:03:44.600 --> 0:03:46.600 in their own pocket. But I'm definitely keep an eye 0:03:46.640 --> 0:03:50.000 on that as that escalates. I'm gonna be very careful 0:03:50.040 --> 0:03:53.200 of where I'm living because I don't want to live 0:03:53.200 --> 0:03:57.839 in a high value target for nuclear war, that's for sure. Um, 0:03:57.920 --> 0:04:00.920 So I'll be thinking about that. Also, we have the 0:04:01.040 --> 0:04:04.480 China Taiwan United States war going on, and so the 0:04:04.560 --> 0:04:08.400 United States has really increased its rhetoric um and not 0:04:08.480 --> 0:04:10.800 just rhetoric, or it's its actions against China. China of 0:04:10.840 --> 0:04:13.840 course wants to take Taiwan. It's running military maneuvers over Taiwan. 0:04:13.840 --> 0:04:16.240 All the time, it constantly tells tells US they want 0:04:16.240 --> 0:04:19.480 to take over Taiwan. Can it continues to punish any 0:04:19.520 --> 0:04:22.840 country or any news agency or sports agency that even 0:04:22.920 --> 0:04:25.640 calls Taiwan its own country. And so we know China's 0:04:25.680 --> 0:04:27.560 intentions are very clear. And now, of course, the United 0:04:27.600 --> 0:04:29.559 States and Japan have come out and said very clearly 0:04:29.600 --> 0:04:32.919 they will not allow um China to take Taiwan. And 0:04:32.960 --> 0:04:35.800 so that's another big sticking point right there. And I 0:04:35.800 --> 0:04:37.919 don't know if the US can force or or or 0:04:38.000 --> 0:04:40.760 face another war right now, one over in the East 0:04:40.760 --> 0:04:42.720 and one over in the West. And so that's that's 0:04:42.760 --> 0:04:45.239 a big danger that I'm watching for a couple of reasons. 0:04:45.760 --> 0:04:49.120 If that continues to escalate, then we would continue to 0:04:49.160 --> 0:04:53.120 see the economy faulter. Right, China is the largest importer 0:04:53.240 --> 0:04:55.200 of goods in the world. They buy more steel and 0:04:55.320 --> 0:04:58.640 glass and and aluminum and everything else in the world 0:04:59.200 --> 0:05:02.240 than in any other country, and they also export all 0:05:02.279 --> 0:05:05.680 the goods. We saw during the pandemic that we were very, 0:05:05.880 --> 0:05:08.720 very fragile because we couldn't make our own antibiotics or 0:05:08.720 --> 0:05:11.479 own medicines. We couldn't even make our own ppe, right 0:05:11.520 --> 0:05:14.880 our own face masks and so UM. If you care 0:05:14.920 --> 0:05:17.920 about the economy and what's gonna happen with your retirement accounts, 0:05:18.800 --> 0:05:21.320 your real estate, then you care what's happening over in 0:05:21.440 --> 0:05:24.159 China Taiwan, not just because of the warst situation, but 0:05:24.240 --> 0:05:28.040 again because the economy. I expect again probably something similar 0:05:28.080 --> 0:05:31.440 to Russia Ukraine. I continue to see things breaking down. 0:05:31.520 --> 0:05:35.680 The Biden administration is stepped up and UH and limited 0:05:35.760 --> 0:05:37.960 China on the amount of microchips that are allowed to buy. 0:05:38.480 --> 0:05:40.599 UM put China into a really bad situation, and I 0:05:40.640 --> 0:05:44.200 can I continue to see that deteriorating, and the world 0:05:44.240 --> 0:05:46.960 continue to move into this decentralization. Of course, that's why 0:05:46.960 --> 0:05:48.640 I talk about every week. So we're going from this 0:05:48.720 --> 0:05:51.760 kind of unipolar world, the centralized world where everybody works 0:05:51.800 --> 0:05:55.000 harmoniously and agrees and we all trade freely, to a 0:05:55.120 --> 0:05:58.080 decentralized world where all these countries are looking out for themselves, 0:05:58.320 --> 0:06:01.719 a multipolar world. We will probably have, you know, maybe 0:06:01.880 --> 0:06:03.960 in the next year or two, like maybe three main 0:06:04.040 --> 0:06:05.960 hubs and maybe over by the end of the decade 0:06:06.000 --> 0:06:08.160 and five or six main zones in the world. And 0:06:08.160 --> 0:06:13.520 I expect that to continue. Um. What else I'm expecting 0:06:13.920 --> 0:06:19.640 to see, um, the Federal reserve, the dollar reserve currency 0:06:19.760 --> 0:06:22.359 of the world. I'm going to continue to see the 0:06:22.400 --> 0:06:27.239 Fed try to manage inflation. Now you know, of course 0:06:27.240 --> 0:06:30.120 they didn't see inflation. They didn't, but leave an inflation. 0:06:30.360 --> 0:06:34.280 Inflation was transitory, it wasn't a problem to oh, shoot, 0:06:34.320 --> 0:06:36.479 we got a problem on our hands. And now of 0:06:36.520 --> 0:06:40.400 course they want to tell us that, um, they're keeping 0:06:40.400 --> 0:06:43.279 it on inflation, but they think they might have got 0:06:43.320 --> 0:06:46.040 it peaked. And so the Fed has been very aggressive 0:06:46.080 --> 0:06:49.240 on raising rates. Uh. They went from having a basically 0:06:49.440 --> 0:06:52.280 zero percent Fed funds rate and they've been raising it 0:06:52.680 --> 0:06:55.760 faster this year than any time in history. And of 0:06:55.800 --> 0:06:58.880 course that's caused the asset prices to tumble, which means 0:06:58.920 --> 0:07:02.200 the worst financial marks the bond markets, the stock markets 0:07:02.240 --> 0:07:05.600 that we've seen in over fifty years. Of course, cryptocurrencies 0:07:05.640 --> 0:07:09.000 have been completely demolished. All risk assets have been demolished. 0:07:09.360 --> 0:07:12.480 And that's their goal. The say so the FETE says 0:07:12.520 --> 0:07:16.760 that they want to um make you feel poor, right 0:07:16.920 --> 0:07:19.400 demand destruction, that's their goal. They want to make you 0:07:19.440 --> 0:07:21.440 so broke that you can't afford to put gas in 0:07:21.480 --> 0:07:23.320 your truck or your car. You can't afford to buy 0:07:23.320 --> 0:07:25.320 those plane tickets, you can't afford to go out to 0:07:25.360 --> 0:07:28.000 dinner as much. That's that's the only lever they have 0:07:28.160 --> 0:07:31.600 to pull. And so uh they you know, everybody's looking 0:07:31.640 --> 0:07:33.960 at them, going when will they pivot? And so that's 0:07:34.000 --> 0:07:37.640 what we're gonna be watching. Will the FED come off 0:07:37.680 --> 0:07:41.560 of their hawk ish right, their very aggressive stance. Will 0:07:41.600 --> 0:07:45.680 they slow the rate hikes? Will they pause the rate hikes? 0:07:45.960 --> 0:07:50.600 Will they pivot and actually start lowering rates again? Will 0:07:50.640 --> 0:07:53.600 they go from this quantitative tightening where they're trying to 0:07:54.400 --> 0:07:56.720 shrink the amount of money or deflate the amount of 0:07:56.760 --> 0:08:00.480 money supply? Will they pause that or again will they 0:08:00.520 --> 0:08:04.080 pivot and start inflating the monetary supply again? So all 0:08:04.080 --> 0:08:08.840 eyes are on that. The rule is don't bet against 0:08:08.880 --> 0:08:11.840 the Fed. So what am I expecting and what am 0:08:11.840 --> 0:08:16.080 I doing? Well? What am I expecting? First? So I 0:08:16.120 --> 0:08:19.400 think that the world knows, or most most financial analysts 0:08:19.440 --> 0:08:21.880 know that no matter what the FED tells you, no 0:08:21.920 --> 0:08:24.680 matter how hawkish they want to be, no matter how 0:08:24.720 --> 0:08:26.160 many times they want to tell us they want to 0:08:26.160 --> 0:08:31.080 inflect massive pain on us, everybody knows there's real limitations 0:08:31.120 --> 0:08:34.480 to what they can do. And if they continue on 0:08:34.520 --> 0:08:36.640 the path that they're gonna going down, the entire financial 0:08:36.720 --> 0:08:39.600 system is going to seize up and melt down. And 0:08:39.640 --> 0:08:41.760 at that point they're gonna be forced to inject so 0:08:41.840 --> 0:08:44.559 much liquid in the system that asset prices are going 0:08:44.600 --> 0:08:48.160 to blow through the roof. So even though they say 0:08:48.160 --> 0:08:49.920 there is no pivot, even though they say they're going 0:08:49.960 --> 0:08:52.120 to raise rates and keep them there for a long 0:08:52.200 --> 0:08:56.120 period of time, we know that there's reality and constraints there. 0:08:56.880 --> 0:08:59.600 So what do I expect that them to do next year? 0:08:59.600 --> 0:09:01.640 And what am I going to do about it? Well, 0:09:01.679 --> 0:09:03.240 I'm gonna tell you that in a minute. If you're 0:09:03.240 --> 0:09:05.040 just tune in, you're listening to the Mark mo Show. 0:09:05.040 --> 0:09:08.560 We're talking about, of course, the decentralized revolution, how the 0:09:08.600 --> 0:09:10.800 world is changing, and we're looking at through the lens 0:09:10.840 --> 0:09:13.800 of politics, finance, and technology, and I'm talking about what 0:09:13.880 --> 0:09:17.880 to watch for in what I'm expecting, some of my predictions, 0:09:17.880 --> 0:09:20.280 and of course what I'm doing about it. I want 0:09:20.280 --> 0:09:23.480 to tell you what I'm watching for with the FED rates, 0:09:23.600 --> 0:09:25.360 the market, the pivot, and what I'm gonna do to 0:09:25.440 --> 0:09:27.480 play this. I'll be back with that and more in 0:09:27.480 --> 0:09:29.480 a minute. You don't want to miss this. It's my playbook. 0:09:29.640 --> 0:09:31.680 Don't go away. I'm gonna be right back. All right, 0:09:31.720 --> 0:09:33.320 Welcome back. If you just tune in, you're listening to 0:09:33.320 --> 0:09:36.199 the Mark mo Show. We're talking about the decentralized Revolution, 0:09:37.120 --> 0:09:40.160 how the world's changing, and you better be paying attention 0:09:40.400 --> 0:09:42.880 otherwise it's not gonna work out too well for you. 0:09:43.000 --> 0:09:44.960 One of my favorite authors, Iron Rand says that you 0:09:45.000 --> 0:09:48.640 can choose to ignore reality, but you can't ignore the 0:09:48.720 --> 0:09:51.640 consequences of reality. And so you can choose not to 0:09:51.679 --> 0:09:54.719 pay attention, but you can't ignore the consequences. Is not 0:09:54.760 --> 0:09:57.240 paying attention. Now we're talking about before the break, um, 0:09:57.360 --> 0:10:00.680 some of the big things to watch for, and I 0:10:00.760 --> 0:10:03.600 was giving some of my forecasts, my predictions Russia, Ukraine, 0:10:03.600 --> 0:10:07.120 the US nuclear war, China, Taiwan, US. If you miss that, 0:10:07.160 --> 0:10:08.880 don't worry, go check it out on the podcast. Just 0:10:08.880 --> 0:10:10.959 search Mark Moss Show on your podcast player or go 0:10:11.000 --> 0:10:13.480 to the Markets Structors YouTube channel. Now I was talking 0:10:13.480 --> 0:10:16.280 about before the break the FED. All eyes on the FED. 0:10:16.320 --> 0:10:20.720 Will they continue on their hawkish FED quantitative tightening cycle, 0:10:20.840 --> 0:10:23.959 raising rates at the fastest rate in history or will 0:10:24.000 --> 0:10:25.920 they pivot off of that? And so what I think 0:10:26.000 --> 0:10:28.320 is most likely to happen to understanding what the natural 0:10:28.360 --> 0:10:32.800 constraints of the monetary system are. Even though I do 0:10:32.880 --> 0:10:36.040 believe Jerome Powell and the FED, I do believe they're serious. 0:10:36.120 --> 0:10:38.480 I do believe they intend to raise rates and keep 0:10:38.520 --> 0:10:40.680 them there for a long time. I do believe they 0:10:40.920 --> 0:10:45.920 intend to inflict massive pain. Um. I also understand that 0:10:46.360 --> 0:10:49.920 when certain things happen, they will be forced to pivot 0:10:49.960 --> 0:10:53.200 off of that. Now, they don't care about your stock, 0:10:53.600 --> 0:10:54.840 so a lot of people like, oh, if the stock 0:10:54.920 --> 0:10:57.760 drops more, they're gonna pivot. No, they don't care about 0:10:57.760 --> 0:11:00.960 your stocks. They don't care about your how they don't 0:11:01.000 --> 0:11:04.000 care about how much you're getting paid at your job. Now, 0:11:04.040 --> 0:11:07.800 they do care about the unemployment rate. So if the 0:11:07.920 --> 0:11:10.800 unemployment rate gets too high, they do care about that. 0:11:11.000 --> 0:11:13.520 So that would be one thing. Um. So if lots 0:11:13.520 --> 0:11:15.680 and lots of businesses go out of business and the 0:11:15.800 --> 0:11:18.360 and the unemployment rate skyrockets, that's gonna be something that 0:11:18.360 --> 0:11:20.719 they're gonna have to pay attention to. The Other thing 0:11:20.800 --> 0:11:24.160 that they're most concerned with is liquidity in the banking system. 0:11:24.480 --> 0:11:27.080 And so if liquidity starts to seize up or start 0:11:27.120 --> 0:11:29.520 to act irrational. They're gonna have to come off of that, 0:11:29.559 --> 0:11:32.600 and we're already starting to see signs of that. We're seeing, 0:11:32.679 --> 0:11:36.079 you know, lots of volatility in the treasury markets. We're 0:11:36.080 --> 0:11:39.280 seeing the swap lines being tapped into by other by 0:11:39.280 --> 0:11:42.880 other nation states, and so I think that's what causes 0:11:42.920 --> 0:11:47.000 the problem. First, my guess is that probably by the 0:11:47.160 --> 0:11:50.559 end of Q one we have seen a pause, so 0:11:50.800 --> 0:11:53.439 a pause to the tightening, a pause to raising rates, 0:11:53.640 --> 0:11:56.439 appause to the quantitative tightening. Now the problem is is 0:11:56.520 --> 0:11:59.520 that what they've been doing has a lag to it, 0:11:59.559 --> 0:12:02.240 and so we're probably don't see for five or six 0:12:02.360 --> 0:12:05.240 months the effect of what they've been doing. So that 0:12:05.280 --> 0:12:08.640 puts us into the summer of next year, and I think, unfortunately, 0:12:08.640 --> 0:12:11.400 we probably have more pain ahead of us through the 0:12:11.400 --> 0:12:14.080 middle of next year, and I think we get to 0:12:14.120 --> 0:12:16.880 a point by Q three of next year that the 0:12:16.920 --> 0:12:20.720 pain is probably too bad. I think things get away 0:12:20.720 --> 0:12:24.440 from them much faster than they have um expected. And 0:12:24.480 --> 0:12:27.200 I say that because everything has caught them by surprise. 0:12:27.480 --> 0:12:29.880 I've been making videos for over a year saying how 0:12:29.920 --> 0:12:32.120 inflation is going to continue to rage, and they were 0:12:32.160 --> 0:12:34.520 saying that inflation is not a problem where it's it 0:12:34.600 --> 0:12:38.000 was transitory. Um, they are continually caught off guarded by 0:12:38.000 --> 0:12:41.920 all this. They didn't see this crash in the financial markets, 0:12:42.120 --> 0:12:44.720 and they don't see what's going to happen next. Maybe 0:12:44.720 --> 0:12:47.080 it's because they don't want to. Maybe it's because they're 0:12:47.120 --> 0:12:49.400 blinded by their own hubrist I don't know, but I 0:12:49.400 --> 0:12:51.480 think by the middle by Q two Q three of 0:12:51.520 --> 0:12:53.440 next year, things get to a point that they are 0:12:53.559 --> 0:12:56.640 forced to pivot, and I would imagine by Q four 0:12:56.679 --> 0:12:59.640 of next year three we are back into an easy 0:12:59.720 --> 0:13:05.080 sit suation. I expect asset prices to be at least 0:13:05.120 --> 0:13:07.719 somewhat equal, if not higher, than they are now by 0:13:07.760 --> 0:13:11.240 this time next year. Now that is a little bit controversial. 0:13:11.320 --> 0:13:14.520 A lot of people are expecting a crash, you know, 0:13:14.520 --> 0:13:18.199 in the next couple of months. Maybe that happens. I'm 0:13:18.200 --> 0:13:19.839 not talking about what happens between now and then. I'm 0:13:19.840 --> 0:13:21.520 just saying where I think will be next year that 0:13:21.600 --> 0:13:24.360 might happen, which will only force their hand even faster 0:13:24.800 --> 0:13:27.199 and cause them to overreact to the upside and blow 0:13:27.240 --> 0:13:30.360 things sky high again, just like they did in the 0:13:30.360 --> 0:13:35.319 COVID pandemic. Alright, what else? UM, I think another thing 0:13:35.360 --> 0:13:39.559 we're seeing is that negative yielding bonds could be approaching 0:13:39.600 --> 0:13:43.120 their final days and so for the last about twelve years, 0:13:44.200 --> 0:13:47.199 the bond market, which is where people park money into 0:13:47.320 --> 0:13:51.520 into debt, specifically sovereign wealth funds or sovereign nations UM 0:13:51.960 --> 0:13:56.920 they buy bonds, and we've seen bonds actually pain negative, 0:13:57.400 --> 0:14:00.319 meaning if I loan you money, I typically expect to 0:14:00.320 --> 0:14:03.600 get my money back plus interest. In the negative yielding bonds, 0:14:03.920 --> 0:14:06.199 that means I loan you money, and instead of getting 0:14:06.200 --> 0:14:08.760 all my money back less interest, I get no interest 0:14:08.840 --> 0:14:11.240 and I get less money back than what I gave you. 0:14:11.280 --> 0:14:14.840 So I'm actually paying you to loan you money. And 0:14:14.880 --> 0:14:18.080 you might say that sounds stupid. Why would anybody do that? 0:14:18.920 --> 0:14:21.440 And you would be right, why would anybody do that? 0:14:22.160 --> 0:14:24.840 The answer is because when you have a few hundred 0:14:24.880 --> 0:14:26.560 billion dollars, you don't have a lot of places to 0:14:26.600 --> 0:14:32.520 put it, and you might rather um be guaranteed a 0:14:32.680 --> 0:14:37.920 one percent to loss than potentially losing like the stock market. 0:14:38.960 --> 0:14:40.800 That would be one reason. But what we're seeing is 0:14:40.840 --> 0:14:44.400 that I believe that will be the end of that. Uh. 0:14:44.440 --> 0:14:48.360 We had over eighteen trillion dollars in negative yielding, which 0:14:48.360 --> 0:14:52.280 meant eighteen trillion dollars was literally worth less than zero 0:14:53.640 --> 0:14:55.840 and that has been coming down down, down, down, and 0:14:55.840 --> 0:14:59.240 I think bye, we will see no more negative yielding 0:14:59.320 --> 0:15:03.280 debt for now, um, and so all nations. Japan is 0:15:03.320 --> 0:15:07.600 the last major economy to still keep their rates below zero. Um. 0:15:07.640 --> 0:15:10.480 They're finally coming back up now that they've kind of 0:15:10.520 --> 0:15:12.360 given in a little bit to some of these traders, 0:15:12.520 --> 0:15:14.600 They're gonna be forced to continue to give in more. 0:15:14.840 --> 0:15:16.400 They're going to continue to bring that up and it 0:15:16.440 --> 0:15:19.200 will be over zero percent and there will be no 0:15:19.280 --> 0:15:22.960 more negative yielding bonds for now. I think we'll get 0:15:22.960 --> 0:15:26.920 there again eventually. Um. Another thing that I think will 0:15:26.960 --> 0:15:29.960 continue to see three is, like I said, the end 0:15:29.960 --> 0:15:33.520 of this quantitative tightening and specifically because of this uh, 0:15:33.640 --> 0:15:38.880 this this delay, this delay that's happening. Um. Now one benefit, 0:15:40.080 --> 0:15:42.440 it's still a loss, but a little bit of benefit. 0:15:42.560 --> 0:15:46.040 Is that the reason why one of the one of 0:15:46.040 --> 0:15:48.200 the many reasons why all the asset prices have come 0:15:48.240 --> 0:15:50.560 down is because the Feds have continued to raise rates, 0:15:50.600 --> 0:15:52.600 which you know, but but part of the reason why 0:15:52.720 --> 0:15:56.040 is because as the Fed raises rates, you get paid. 0:15:56.080 --> 0:15:58.640 Now you can make four four and a half percent 0:15:59.000 --> 0:16:01.120 for giving money to the to the FED. So if 0:16:01.160 --> 0:16:03.800 I can give money to the Fed what they call 0:16:03.880 --> 0:16:08.080 a guaranteed return, risk free return, If I can make 0:16:08.080 --> 0:16:10.560 four and a half percent risk free, why would I 0:16:10.600 --> 0:16:13.280 take my chance in tech stocks right now? I could 0:16:13.280 --> 0:16:15.040 lose a lot of money there. I could make four 0:16:15.080 --> 0:16:19.080 and a half percent there, and they are. But the 0:16:19.080 --> 0:16:22.000 good news is that you could as well. So right 0:16:22.040 --> 0:16:24.680 now you're trying to chase, you know, blue chip stocks 0:16:24.760 --> 0:16:28.280 with dividends at two percent or three percent or four percent, 0:16:28.760 --> 0:16:30.760 you can just make four percent giving it to the FED. 0:16:30.880 --> 0:16:32.720 Right now, you can go into your you know, your 0:16:32.720 --> 0:16:34.680 brokerage account, going to your money market account, and you 0:16:34.680 --> 0:16:36.800 can make three and a half four percent right now, 0:16:36.840 --> 0:16:39.120 even if to maybe four and a half percent, And 0:16:39.160 --> 0:16:44.520 so maybe that will continue through now. I want to 0:16:44.520 --> 0:16:49.440 talk about one more thing, the cryptocurrency markets. Let's talk 0:16:49.480 --> 0:16:52.040 about that for a minute now. I do want to 0:16:52.080 --> 0:16:54.320 say also that, like I said, there's a lot of 0:16:54.320 --> 0:16:56.920 problems happening. Um. As I said, I think next year 0:16:56.960 --> 0:17:02.240 continues to get worse. However, big problems create big opportunities, 0:17:02.400 --> 0:17:05.119 and so um when one when most of the markets 0:17:05.119 --> 0:17:08.159 going down, there's always somewhere else that's going up. No 0:17:08.240 --> 0:17:10.560 such thing as good and bad timing. There's always good 0:17:10.600 --> 0:17:14.760 and bad strategies. And so I see a massive opportunity 0:17:14.760 --> 0:17:16.960 created by a big problem that we can take advantage of, 0:17:16.960 --> 0:17:20.440 and it's building wealth in the new parallel economy. This 0:17:20.520 --> 0:17:22.600 is where all the growth is happening. And if you're 0:17:22.640 --> 0:17:25.520 not plugged into the parallel economy, you are missing out. 0:17:26.040 --> 0:17:30.520 I'm having a three day live virtual event called if. 0:17:30.560 --> 0:17:33.120 The theme is the Parallel Protocol, where I'm gonna teach 0:17:33.160 --> 0:17:35.320 you everything you need to know about the parallel economy, 0:17:35.520 --> 0:17:38.440 the opportunities that have arisen out the parallel economy, how 0:17:38.600 --> 0:17:41.480 you can take advantage of to build massive wealth quickly 0:17:41.680 --> 0:17:44.760 in this parallel economy and build, growl protect your wealth 0:17:45.240 --> 0:17:48.040 as you learn this. And the best part about the 0:17:48.040 --> 0:17:51.520 parallel economy is it's how we preserve and protect and 0:17:51.560 --> 0:17:54.760 increase our freedom for ourselves and our kids. Um you 0:17:54.800 --> 0:17:56.840 can check it out, come check out this live event. 0:17:57.080 --> 0:17:59.639 Go to go dot one, Mark Moss dot com, Go 0:18:00.080 --> 0:18:03.479 dot one, Markmas dot com, slash radio, Go dot one, 0:18:03.520 --> 0:18:06.479 Markmas dot com, slash Radio. You're listening to the Markmas 0:18:06.560 --> 0:18:08.359 Show and be back with more of what to watch 0:18:08.359 --> 0:18:11.520 for three when I come back. All right, welcome back. 0:18:11.880 --> 0:18:13.480 If you're just tune in, you're listening to the Mark 0:18:13.600 --> 0:18:16.560 Moss Show. We're talking about the decentralized revolution nation every week. 0:18:16.600 --> 0:18:20.080 Of course, how to navigate the world that we're going 0:18:20.119 --> 0:18:22.400 into as we look at through lens of politics, finance, 0:18:22.480 --> 0:18:27.040 and technology, and the technology of course is bitcoin. Technology 0:18:27.080 --> 0:18:28.840 is always what changes the world. And so we look 0:18:28.880 --> 0:18:32.359 at the three areas and how they converge. Now, we 0:18:32.480 --> 0:18:36.040 just talked about I covered earlier, Um, the biggest signposts 0:18:36.080 --> 0:18:38.920 that show that the world is changing into a decentralized revolution. 0:18:39.080 --> 0:18:42.560 We talked about that the biggest signpost. If you miss that, 0:18:42.720 --> 0:18:44.680 go check it out on the podcast. Just search Mark 0:18:44.720 --> 0:18:47.399 Moss or go to the YouTube channel search Market Disruptors 0:18:47.560 --> 0:18:49.480 and you can watch it there. Um. Then I just 0:18:49.520 --> 0:18:53.040 went through what to watch for in the things that 0:18:53.080 --> 0:18:55.080 I'm watching and what I think is going to happen. 0:18:55.600 --> 0:18:58.960 Now I want to give you, um, something else. And 0:18:59.040 --> 0:19:03.359 now I want to give you three habits to become 0:19:03.400 --> 0:19:09.720 financially free. Okay, now this is what I've used. Now 0:19:11.440 --> 0:19:13.240 if you just tune in, maybe you don't know I've 0:19:13.280 --> 0:19:15.879 I've talked about my story. Um, I thought I was 0:19:15.920 --> 0:19:17.399 really smart. I thought I had it figured out. I 0:19:17.400 --> 0:19:19.359 made a lot of money, tens of millions of dollars 0:19:19.359 --> 0:19:22.920 of money, built multiple companies, sold them off, fortune its, 0:19:23.000 --> 0:19:25.479 developed real estate, all these things, and then I got 0:19:25.560 --> 0:19:28.159 wiped out in two thousand like millions of other Americans. Right, 0:19:28.200 --> 0:19:31.200 my story isn't that unique like millions of other Americans. 0:19:31.200 --> 0:19:35.320 And I had to rebuild, rebuild everything. Um, But because 0:19:35.320 --> 0:19:37.159 I knew how to do it, I was able to 0:19:37.200 --> 0:19:39.840 do that pretty quickly. And I want to give you 0:19:40.680 --> 0:19:43.920 three secrets to become financially free. And one of them 0:19:44.040 --> 0:19:46.680 is really the most important one. It's really it's it's everything. 0:19:47.080 --> 0:19:48.919 And no matter where you're at, I don't care if 0:19:48.920 --> 0:19:51.639 you're sixteen years old or you're sixty six years old. 0:19:51.840 --> 0:19:54.520 I don't care if your W two employee, or you're 0:19:55.080 --> 0:19:59.520 a contractor or whatever you are. This is the key, now, 0:19:59.680 --> 0:20:04.000 I I wanted to tell you real quickly. Um, everybody, 0:20:05.680 --> 0:20:07.800 let me change, Let me change that. Not everybody. Most 0:20:07.800 --> 0:20:12.080 people want the secrets in life to be some secret 0:20:12.280 --> 0:20:16.160 where it's something really hard and difficult to figure out. 0:20:16.480 --> 0:20:20.119 But if I could just figure it out, then everything 0:20:20.160 --> 0:20:23.560 comes easy. I want to get in shape. I wanna 0:20:23.680 --> 0:20:25.240 I want to lose weight. I want to get back 0:20:25.280 --> 0:20:28.879 to my college weight. Um, but it's it's so complex. 0:20:28.920 --> 0:20:31.600 I don't know how. But if I could just get 0:20:31.640 --> 0:20:33.840