Speaker 1: So the big question is this, how do investors like
Speaker 1: us get access to the ideas, information, and most importantly,
Speaker 1: the right people that give us the tools and information
Speaker 1: we need to make informed and educated decisions to have success.
Speaker 1: That is the question, and this podcast will give us
Speaker 1: the answers. This is Mark Moss, your host. Let's get
Speaker 1: this started. Hello everyone, and welcome back to another episode
Speaker 1: of the Market Disruptors podcast. Today, I am in the
Speaker 1: studio with you alone. I don't have a guest today
Speaker 1: because there are some things that I wanted to talk about, um,
Speaker 1: some big things that we've been talking about on the
Speaker 1: Market Disruptors YouTube channel, and some things that have been
Speaker 1: in the news that I wanted to talk to you
Speaker 1: about today, and I just didn't have the right guest
Speaker 1: to bring on. So I thought, you know what, I'm
Speaker 1: just gonna go in there solo and we're gonna talk
Speaker 1: about a couple of topics. And what I want to
Speaker 1: talk about today is I want to talk about the
Speaker 1: history of money. I'm not gonna go super deep into this,
Speaker 1: but coming from we're gonna go look at the transition
Speaker 1: from when Britain was the world's superpower and passed the
Speaker 1: baton off to the United States, the US dollar took
Speaker 1: the reserve status of the entire world. How that transition
Speaker 1: took place, because that's super important to understand how that happened.
Speaker 1: The reason why it's important to understand how that happened
Speaker 1: is because we have a very similar situation happening right
Speaker 1: now today. And if you don't understand what happened the
Speaker 1: last time, the signs that you're seeing today don't make
Speaker 1: any sense. And we're in a situation today where we're
Speaker 1: seeing the exact same things, and we're in a big
Speaker 1: transition period right now in history. I don't think most
Speaker 1: people really understand how transitional this time period is that
Speaker 1: we're in right now. I believe that in the future,
Speaker 1: a hundred years from now, people will study this time
Speaker 1: period to think about how interesting it was. I mean,
Speaker 1: they're going to look at this and just think, what
Speaker 1: the heck was happening? Um, But we're living through this.
Speaker 1: We're living I mean right now we're in fifty years
Speaker 1: into a monetary experiment. Fifty years. I mean, we have
Speaker 1: five thousand years of history where basically gold was money.
Speaker 1: We're fifty years into this monetary experiment. And the crazy
Speaker 1: thing is that we're only fifty years into it. But
Speaker 1: because the history hasn't really been taught to everybody, people
Speaker 1: don't understand this. They think this is just the way
Speaker 1: it is, but it's not. And so I think in
Speaker 1: a hundred years we'll look back at this period and
Speaker 1: think how crazy this is. Now. I don't want to
Speaker 1: drag this on too long, so I'm gonna try and
Speaker 1: get through this pretty quickly. I'll give you the cliff
Speaker 1: notes version of this. And so basically, um, the United
Speaker 1: States is the world's superpower. The United States dollar is
Speaker 1: the reserve currency of the world. What that means is
Speaker 1: that the US dollar basically runs the world. We have
Speaker 1: all the assets of the world, gold, oil, et cetera.
Speaker 1: Are priced in US dollars, and when countries want to
Speaker 1: trade between them, they have to trade into dollars, so
Speaker 1: they trade from their local currency to dollars and from
Speaker 1: dollars back to the next local currency. So everything goes
Speaker 1: through the dollar through the Swift system. If you've ever
Speaker 1: sent a wire, you know what the swift code is.
Speaker 1: You understand what the Swift system is. Um, it's the
Speaker 1: banking system. So all the money goes through the Swift system.
Speaker 1: Through the Federal Reserve, and the dollar managed to maintain
Speaker 1: its power because of this. Because this dollar maintains this status,
Speaker 1: it allows the United States to get away with things
Speaker 1: that other countries cannot get away with, like inflating their currencies.
Speaker 1: But before we get into that, let's go back in
Speaker 1: history just a little bit. I'm gonna catch you guys
Speaker 1: up on this, all right, it's super interesting. Hopefully hopefully
Speaker 1: you guys enjoy this as much as I like it.
Speaker 1: Maybe I'm just a history nerd. But if we go back,
Speaker 1: so the U s is the is the superpower of
Speaker 1: the reserve status of the world. But it hasn't always
Speaker 1: been that way. So before the United States, it was
Speaker 1: Great Britain. Before Britain, it was France. Before France, I
Speaker 1: believe it was um Spain, and it was Portugal. So
Speaker 1: going back to the four hundreds, we've seen it just
Speaker 1: switch over and over and over Portugal, Spain, um France.
Speaker 1: And then after the Napoleonic Wars and went to Britain.
Speaker 1: Britain became the world superpower. The sterling was the reserve
Speaker 1: currency of the world. And what happened is right around
Speaker 1: World War One, Britain was running out of money. Britain
Speaker 1: needed money to fight these wars. And what they did
Speaker 1: is they began to take on debt. They began to
Speaker 1: borrow money. They went from a credit or nation to
Speaker 1: be started to become a debt or nation. And the
Speaker 1: United States was happy to become the creditor nation at
Speaker 1: that time. And so the United States and the banks JP, Morgan, etcetera.
Speaker 1: Started loaning the British money um to fight the wars,
Speaker 1: to supply weapons, etcetera. And as more and more debt
Speaker 1: was accumulated, of course, as you would imagine, the worst
Speaker 1: shape that the country became in. And at the end
Speaker 1: of World War One, at that point, now the sterling
Speaker 1: was so weak, Britain was under so much debt that
Speaker 1: the dollar. Now the US became a creditor nation. We know,
Speaker 1: and we know that the borrow a servant to the lender,
Speaker 1: so to serve the servant the borrower. Britain was now
Speaker 1: in a bad situation. And now the United States was
Speaker 1: in a creditor situation. They had power, The dollar had power.
Speaker 1: The dollar now was challenging the sterling for reserve status
Speaker 1: in the world, all right, but it didn't just take
Speaker 1: it over. It became, it became to the point where
Speaker 1: it could challenge it. And now we saw kind of
Speaker 1: the sterling and the US dollar kind of sharing this
Speaker 1: reserve status, all right, and over a period of years
Speaker 1: and years and years, we saw it go back and forth,
Speaker 1: back and forth. The reason why this is important to
Speaker 1: understand is because a lot of people think that the
Speaker 1: US dollars and is a lot of people may think
Speaker 1: it's going to be here forever. We know from history
Speaker 1: that nothing lasts forever, and it's eventually going to change.
Speaker 1: And then a lot of people that do think it's
Speaker 1: going to change are waiting for that one big thing
Speaker 1: to happen, the one big thing. But it's important to
Speaker 1: understand that it's not one big thing. Most things in
Speaker 1: life aren't one big thing. It's about the small things
Speaker 1: that happened over a long period of time. And so
Speaker 1: when we look back when the baton was transferred from
Speaker 1: Britain to the United States, we can also see this
Speaker 1: that it happened over a long period of time, all right.
Speaker 1: So the sterling got weak, the dollar got strong, um
Speaker 1: the dollar now is challenging Britain for reserve status of
Speaker 1: the world, for the world's superpower. Position, and then king
Speaker 1: World War two. Britain wasn't recovered yet, they couldn't handle
Speaker 1: World War two. Well, now both the United States and Britain,
Speaker 1: we're going into debt. Both of them were over extending
Speaker 1: themselves to go into World War two. But luckily for
Speaker 1: the United States at the time, gold started flowing to
Speaker 1: the country. As the United States was exporting supplies, gold
Speaker 1: started flowing back in. So the United States was able
Speaker 1: to come out of this because it had enough exports
Speaker 1: to bring money back in. And at the end of
Speaker 1: World War two, Britain and the Sterling were just in
Speaker 1: too bad of shape. The United States came out ahead,
Speaker 1: had stockpiled a bunch of golden assets, and in NT
Speaker 1: four at the Breton Woods Agreement, it was basically a
Speaker 1: done deal. The world got together. The world, the biggest
Speaker 1: of the countries of the world got together, um in
Speaker 1: the United States. They signed this Breton Woods Agreement, which
Speaker 1: basically said that the United States would become, you know,
Speaker 1: the reserve currency of the world, and they would hold
Speaker 1: the gold, and they would keep US dollars pegged to gold,
Speaker 1: and they would always redeem thirty five dollars for every
Speaker 1: one ounce of gold that was the agreement. That's what
Speaker 1: everybody agreed to. And then all the countries of the
Speaker 1: world started sending their gold over to the United States.
Speaker 1: The United States held everybody's gold. They printed dollars, and
Speaker 1: they kept it at thirty five dollars for one ounce
Speaker 1: of gold. That was the deal. But what happened that
Speaker 1: was over a period of time, five years, ten years,
Speaker 1: twenty years goes by. Well, the United States once more dollars,
Speaker 1: but now they can't because they're supposed to be pegged
Speaker 1: to thirty five dollars for each ounce of gold. But
Speaker 1: they did anyway, and they printed more dollars, and they
Speaker 1: printed more dollars, and they printed more dollars. And the
Speaker 1: agreement was is that they would the United States government
Speaker 1: would always redeem dollars for gold. So anytime somebody came,
Speaker 1: they would accept their dollars and give them their gold back.
Speaker 1: And as the country's as the other countries became aware
Speaker 1: of what was going on, that the United States was
Speaker 1: inflating their currency. Right, when they inflate their currency, that
Speaker 1: means they print more, they increase it, they increase the
Speaker 1: amount of currency out there. It devalues, it devalue it
Speaker 1: takes the value away. Think about that. Inflation takes your
Speaker 1: value away from it. It It makes your money worth less.
Speaker 1: So as the United States started increasing the money supply,
Speaker 1: inflating the money supply, it was devaluing the currency. And
Speaker 1: so these other countries knew what was going on, and
Speaker 1: they're like, why do we want to hold this these
Speaker 1: paper dollars that are worthless. We're gonna go get our
Speaker 1: our gold back. So they would bring in the United States.
Speaker 1: They had cash it in, they'd take the gold, and
Speaker 1: the United States was fighting really hard to protect this peg.
Speaker 1: And these countries knew what was going on, so they
Speaker 1: kept coming to redeem their gold, redeem the gold, and
Speaker 1: the United States lost a lot of money trying to
Speaker 1: protect that gold peg, or they gave up a bunch
Speaker 1: of gold. Now we don't know how much. The FED
Speaker 1: hasn't been audited. I was sure would like to know.
Speaker 1: I know Ron Paul, who has led the charge on
Speaker 1: that for a long time. Sure we'd like to know.
Speaker 1: But in my guess, I bet that the FED Fort
Speaker 1: Knox does not have the amount of gold that they
Speaker 1: say they do. I believe they've given up a lot
Speaker 1: of it trying to protect that gold peg. And finally
Speaker 1: what happened is they had protected that peg. They gave
Speaker 1: up so much gold to where they couldn't give up anymore.
Speaker 1: And finally President Richard Nixon nine seventy and enough, enough
Speaker 1: is enough. We are not protecting the peg anymore. It's done.
Speaker 1: And that's the day that the United States defaulted on
Speaker 1: their debt. That's when they bankrupt. Right, they gave out
Speaker 1: dollars to people who took those dollars in exchange that
Speaker 1: they could always go back and get the gold. Now
Speaker 1: these countries are left with worthless paper that are not
Speaker 1: exchanged for anything. The United States defaulted under debt, became
Speaker 1: bankrupt in nineteen seventy one, and we're living in this
Speaker 1: post bankruptcy world now today. All right, so now the
Speaker 1: US dollar is bankrupt. Now, no one's going to exchange
Speaker 1: it for gold. Well, why would anybody want to hold it? Now?
Speaker 1: What's going to happen? Right? Why would they do that? Well?
Speaker 1: The United States had to make the next the next step,
Speaker 1: so that by nine seven, before the energy we had
Speaker 1: this energy crisis is oil crisis that was going on,
Speaker 1: and Henry Kissinger from the United States went to Saudi Arabia,
Speaker 1: which was the number one oil producing nation in the world,
Speaker 1: and said, look, let's make a deal. You price all
Speaker 1: oil in dollars. Make sure that all oil is pricing dollars,
Speaker 1: all oil is trading dollars, all with a solding dollar dollars,
Speaker 1: and we will have your back, The United States will
Speaker 1: have your back no matter what. That was the deal,
Speaker 1: And that was a pretty secret deal. As a matter
Speaker 1: of fact, most of this details didn't actually come out.
Speaker 1: And tell two thousand and sixteen, if you can believe this,
Speaker 1: and that was the birth of the petro dollar. So
Speaker 1: gold went from being packed backed by gold, dollar dollars
Speaker 1: backed by gold, and now the dollar is backed by oil.
Speaker 1: This is the birth of the petro dollar. Now, as
Speaker 1: long as Saudi Arabia is the leading oil producing nation
Speaker 1: in the world, and as long as all oil is
Speaker 1: priced and sold in dollars, then the United States can
Speaker 1: continue to have its rain, all right. It continued to
Speaker 1: have you know, the banking system, the swift banking system,
Speaker 1: all the banking settlements, etcetera. And then of course the
Speaker 1: United States can rule the world and we can slap
Speaker 1: sanctions on any country that doesn't bend to our will right,
Speaker 1: you hear about that now with Donald Trump and Iraq
Speaker 1: and Iran and sanctions against Russia, sanctions against Iran, oh, now,
Speaker 1: sanctions against China and sanctions, sanction sanctions. So basically we're
Speaker 1: penalizing them using our financial system, basically turning the dollar
Speaker 1: into a weapon, weaponizing the dollar. And of course you
Speaker 1: can imagine the countries don't like this. They don't like
Speaker 1: getting slapped on the hand all the time, sanctioned sanctions, sanctions, right,
Speaker 1: and eventually they're just tired of it. And you know,
Speaker 1: if you kick enough people out of the financial system,
Speaker 1: if you keep if you kick enough people out of
Speaker 1: any system, eventually you find yourself on the outside. And
Speaker 1: the United States has continued to push people out of
Speaker 1: the financial system. And this has happened over a long
Speaker 1: period of time. Now not only have they done that,
Speaker 1: they've the United States to become a debt nation. Right
Speaker 1: we went from having gold stock piles and become and
Speaker 1: the world's superpower, a credit or nation, to now being
Speaker 1: a debtor nation. As a matter of fact, right now,
Speaker 1: we're over twenty two trillion trillion dollars of debt. Over
Speaker 1: the last ten years, more debt has been accumulated to
Speaker 1: the national debt than all of history combined. That's how
Speaker 1: bad we are. That's how bad the debt, the debt
Speaker 1: has gotten. We have over two hundred trillion dollars of
Speaker 1: unfunded liabilities. That means liabilities, that's money that we owe
Speaker 1: right now, but they're not funded. We don't have the
Speaker 1: money for that two tillion dollars. I believe in the
Speaker 1: next couple of years, the interest on the debt will
Speaker 1: be more than we can afford to pay. Just the
Speaker 1: interests we can't pay. The interest and interest rates are
Speaker 1: at all time lows. When we have financial crashes, they
Speaker 1: lower the interest rates to try to goose the economy. Well,
Speaker 1: where are they going to lower them too? Now? The
Speaker 1: interest rates already so low they can't there's no room left.
Speaker 1: And even at these low rates, we won't even able
Speaker 1: to afford the interest and by which is only about
Speaker 1: ten eleven years away. They say one hundred percent of
Speaker 1: income from taxes, which is where we get then come from,
Speaker 1: A hundred percent of income is going to go to
Speaker 1: senior citizens, It's going to go into medicare and medicated
Speaker 1: some security, things like that. A hundred percent will just
Speaker 1: go to that, what about welfare, what about the military,
Speaker 1: what about all these other things? There's not gonna be
Speaker 1: any money left for that. So that's where the United
Speaker 1: States has gone to in just such a short period
Speaker 1: of time. And the reason why it's important to understand
Speaker 1: this is because you need to see the signs that
Speaker 1: are happening now. With the dollar being weaponized and slapping
Speaker 1: sanctions and sanctions and sanctions. People have gotten tired of this,
Speaker 1: and as we've kicked more people out of the financial system,
Speaker 1: they've had to find a way to work in their
Speaker 1: own financial system to create a financial system outside of
Speaker 1: the United States. In addition to that, what's been backing
Speaker 1: the United States dollar was oil in Saudi Arabia is
Speaker 1: no longer the world's super power of oil. As a
Speaker 1: matter of fact, the United States produces enough oil to
Speaker 1: be energy independent if we want to do. But of course,
Speaker 1: if we don't buy oil from Saudi Arabia, who will.
Speaker 1: Russia produces oil, Venezuela produces oil, Iraq produces oil, Iran
Speaker 1: produces oil, and on and on and on. And if
Speaker 1: you want to know really what gets to the root
Speaker 1: of all the wars going on in the Middle East,
Speaker 1: just look at the oil. It's all about protecting the dollar.
Speaker 1: Everything is about protecting the dollar. And Iran is producing oil,
Speaker 1: and we don't like Iran. Why don't we like Iran?
Speaker 1: Could have something to do with them producing oil and
Speaker 1: selling it to Russia and China. So in two thousand
Speaker 1: and fifteen, China, Russia, and Iran started trading oil outside
Speaker 1: of the US dollar. They started doing it, and then
Speaker 1: Chinese you on. So now they're doing business outside the
Speaker 1: US dollar. Okay, well that's bad. Um, China is a
Speaker 1: really big economy, Russia is a pretty big economy. They're
Speaker 1: trading outside the US dollar. The US dollar is losing
Speaker 1: its rel vent. It went from a hundred percent of
Speaker 1: settlements to six fifty percent. Right, it's going down and
Speaker 1: down and down. So now China, Russia, Iran, they're all
Speaker 1: trading outside the US dollar. They're trading oil outside US dollar.
Speaker 1: Now China is doing their own goal oil backed futures
Speaker 1: and derivatives and things like that. All right, and that's bad.
Speaker 1: And this has been going on just for a couple
Speaker 1: of years now, and it's really been undermining the US dollar.
Speaker 1: And again, if you want to look at at the wars,
Speaker 1: all the wars are around this oil, right, it's around
Speaker 1: protecting the dollar, it's around protecting Saudi Arabia. And then
Speaker 1: this is the big piece that dropped. All right, this
Speaker 1: is the big news. Um. The Swift system is the
Speaker 1: way that money gets moved around the world. Right when
Speaker 1: you go to wire a money, when you go to
Speaker 1: wire money at the bank, you have to have a
Speaker 1: Swift coade. It's your swift. The Swift system. Well, there's
Speaker 1: been a new system formed to rival Swift, and it's
Speaker 1: called Instincts and it was put together in January of
Speaker 1: two nineteen. And this is for the EU, for the
Speaker 1: EU to be sending money on their own system, and
Speaker 1: it just went live about two weeks ago. So now,
Speaker 1: as of two weeks ago, the EU, Germany, France, Britain
Speaker 1: and Russia, China and Iran are all trading in their
Speaker 1: own financial system. Now think about this for a minute. Now,
Speaker 1: we know I already said, right China, Russia and and uh, China,
Speaker 1: Russia and Iran were already doing this for now four years.
Speaker 1: But those were our enemies. Okay, that's our enemies. Now
Speaker 1: I'm talking about our allies, our friends, our closest friends
Speaker 1: are closest allies, Our closest allies now are trading with
Speaker 1: our enemies, all in their own system in the United
Speaker 1: States on the outside. All right, the pieces have been
Speaker 1: dropping for thirty forty years, but they're continuing to escalate.
Speaker 1: Its continue to get more and more and more. And
Speaker 1: in the last four to five years, the US dollar
Speaker 1: has lost so much of its power, and it continues
Speaker 1: to lose its power. And now just as the last
Speaker 1: two weeks, this was a massive piece that dropped. Now,
Speaker 1: what are we seen in retaliation for that. Well, when
Speaker 1: you look at Donald Trump and and threatening tariffs with China,
Speaker 1: trade wars, this this is all about the money. This
Speaker 1: is all about the money. These are currency wars. The
Speaker 1: United States is trying to maintain the world reserve status.
Speaker 1: It's trying to keep the dollar in power, and it's
Speaker 1: under all types of attacks, a lot of it, well
Speaker 1: most I guess all of itself inflicted, right, I mean,
Speaker 1: if they would have kept the dollars strong, everybody would
Speaker 1: have still loved it. When the dollar went bankrupt and
Speaker 1: they rejected redeeming goal in nine, it all fell apart.
Speaker 1: They've kept it under forced through oil, but now there's
Speaker 1: so much oil, and there's other renewable energies that it's
Speaker 1: not as big as the deals anymore. And then when
Speaker 1: you've kicked all these people out of the financial system,
Speaker 1: they've had to find another way. Right. You just add
Speaker 1: all those up and now we have technology. So now
Speaker 1: now money, the US dollar is under attack from bitcoin,
Speaker 1: it's under attack from stable coins, it's under attack from
Speaker 1: other cryptocurrencies. And they get this. They get this. They
Speaker 1: haven't they haven't got it, but they get it now.
Speaker 1: And we know this. So last week, on the same day,
Speaker 1: the President of the United States, Donald Trump and the
Speaker 1: FED Chair Jerome Powell, both tweeted about bitcoin, both of
Speaker 1: them on the same day. Imagine ten years ago, bitcoin
Speaker 1: wasn't even a thing. In ten years, it's gone from
Speaker 1: a magic internet money to only being used by criminals
Speaker 1: to being a scam. Jamie diamond says it's a scam. Um.
Speaker 1: And now the President of United States and the FED
Speaker 1: chair are both talking about at the same time. Now
Speaker 1: they said different things. The FED Chair Jerome Powell said that, uh,
Speaker 1: he was asked and he said, well, um, I don't
Speaker 1: think it's really a threat. It's too small to be
Speaker 1: considered a threat, right, Now, however, I people look at
Speaker 1: it like a store of value, like gold. Wow, what
Speaker 1: an endorsement for bitcoin. That's exactly what we say. It's
Speaker 1: like a store of value. It's like a store of value. Now,
Speaker 1: the FED Chair Jerome Pale is basically calling it that
Speaker 1: we couldn't have had a better endorsement. Bullish, extremely bullish.
Speaker 1: Then the President of the United States goes on to
Speaker 1: say that he doesn't like it. He doesn't like bitcoin,
Speaker 1: he doesn't like cryptocurrencies. Um. He goes on to say
Speaker 1: that if Facebook, Libra wants to have their own coin,
Speaker 1: then they need to have a bank and they need
Speaker 1: to get their own banking charter. And then he goes
Speaker 1: on to say that the United States dollar is the
Speaker 1: only currency, and it's the best, and it's the strongest
Speaker 1: it's ever been. That's what he said, the strongest it's
Speaker 1: ever been, which is pretty ironic considering that the FED
Speaker 1: chair just said a few weeks ago at the FMOC
Speaker 1: meeting that the economy sucks. Basically, they can't get the
Speaker 1: inflation they want. They said they can't get two two
Speaker 1: percent inflation. But all the prices I pay have certainly
Speaker 1: gone up by two percent more than two percent. Anyway,
Speaker 1: they can't get the inflation of two percent, So what
Speaker 1: are they gonna do. Well, let's print up the money again.
Speaker 1: Let's fire up the printing presses. Let's uh start the
Speaker 1: quant to be easy, and let's lower the interest rates,
Speaker 1: and let's try to goose this economy again, because it's
Speaker 1: not good. Now, what what happens when they print more money?
Speaker 1: It de values it. And just think about that. Inflation
Speaker 1: devalues when they inflate, when they make more money, it
Speaker 1: takes the value away from your money. So Donald Trump
Speaker 1: saying is stronger than it's ever been. In the meantime,
Speaker 1: the Fed's printing up more money. In the meantime, Donald
Speaker 1: Trump and all the other world leaders are in a
Speaker 1: fight to see who can devalue their currency the fastest.
Speaker 1: That's what they're trying to do. They're trying to devalue
Speaker 1: their currency the fastest. But yet he's tweeting saying it's
Speaker 1: stronger than it's ever been. It's not every time they
Speaker 1: print more money, it's weaker and weaker and weaker. Are
Speaker 1: unfunded funded liabilities are making US weaker and weaker and weaker.
Speaker 1: The loss of the US dollar in the world market
Speaker 1: share is making us weaker and weaker and weaker, and
Speaker 1: they get this about what A month ago, um Reet
Speaker 1: Brad Sherman from California was speaking to a committee and
Speaker 1: he said, we need to make it illegal for U
Speaker 1: S citizens to own cryptocurrencies. Wow, that was pretty heavy.
Speaker 1: And he knows why. And he said, the reason why
Speaker 1: is because these bitcoiners, these crypto people believe that it
Speaker 1: undermines or takes the power away from the United States
Speaker 1: government and it limits it. It's a national defense problem,
Speaker 1: and it will limit our ability to slap sanctions on
Speaker 1: countries like Iran. He said that, like Iran. So imagine
Speaker 1: if you're Iran and you're listening to that, you're like, really, wow,
Speaker 1: thanks for giving us that play by play. Now we're
Speaker 1: gonna go buy as much as we can. Right. But
Speaker 1: he gets that, he knows that when people they know
Speaker 1: that the US dollar cannot compete, it can't compete against
Speaker 1: a better form of money, and their only option is force.
Speaker 1: That's it. That's the only option. But it's a word
Speaker 1: that they can't win. Now, Oh, that was a little
Speaker 1: bit history lesson for you guys, going back all the
Speaker 1: way into our current events, look at what this trade
Speaker 1: wars about. Look at what Trump and the other world
Speaker 1: leaders are doing. Look at the look at the language.
Speaker 1: They are racing to devalue their currencies, take their value
Speaker 1: away from you, to steal your value from your money.
Speaker 1: They're the Fed is lowering rates, They're inflating the currencies.
Speaker 1: They are doing quantitative easy and which is basically buying
Speaker 1: the bonds because nobody else will buy the debt. And
Speaker 1: there and and now that you see this happening, compare
Speaker 1: that to the story that I gave you of how
Speaker 1: the United States took over power from Britain, went into
Speaker 1: debt fighting wars. It gave up power to the credited nations.
Speaker 1: Now we're fighting and never ending wars. We've taken on
Speaker 1: more debt than we can and we can take on,
Speaker 1: and we're giving up power to the credited nations. The
Speaker 1: same things are happening. It doesn't happen with a bang,
Speaker 1: It goes out with a whimper. All right, that's what's happening.
Speaker 1: That's what's going on right now. I don't think we
Speaker 1: could have a more bullish scenario for bitcoin and cryptocurrencies.
Speaker 1: There's never been a bigger use case or knee case
Speaker 1: for it. A lot of people say there's no use case. Well,
Speaker 1: I think they need to open their eyes. There's never
Speaker 1: been a stronger use case. There's never been a stronger need.
Speaker 1: There's never been a more bullish case. There's more positive
Speaker 1: things going in the world to make this a reality
Speaker 1: than ever before. And it's happening. It's happening right now.
Speaker 1: It cannot be stopped, it cannot be blocked, it cannot
Speaker 1: be prevented. Bitcoin is censorship resistant, it's immutable, and it's permissionless.
Speaker 1: Facebook is having to get permission right now. Bitcoin doesn't
Speaker 1: need permission. It doesn't get permission. So I'm a bullish
Speaker 1: hopefully you guys are bullish. Um, I'd say it. I'm
Speaker 1: gonna wrap this up. This is an episode I did
Speaker 1: by myself. Let me know what you guys think. If
Speaker 1: you guys want me to do more episodes by myself,
Speaker 1: I will bring some more of this good content. Or
Speaker 1: if you like the interviews, let me know. Either way,
Speaker 1: I would love it. If you just take a second,
Speaker 1: please go rate and review this and let me know
Speaker 1: what you think. Drop me a note, tweet to me please.
Speaker 1: Number one Mark Moss on Twitter. Number one Mark Moss
Speaker 1: and that's it to your success. I'm out. Hey, you
Speaker 1: like this episode of the Market Disruptors Podcast. Please help
Speaker 1: us take this to the top of the podcast charts.
Speaker 1: Just please do me a favor and rate, review and subscribe.
Speaker 1: Taking fifteen seconds to just leave a quick review goes
Speaker 1: a long way and helping us reach more people and
Speaker 1: disrupt more markets. I really appreciate you listening and I'll
Speaker 1: see you next time on the Market Disruptors Podcast.