1 00:00:00,120 --> 00:00:02,240 Speaker 1: Hello, and welcome back to another episode of The Mark 2 00:00:02,279 --> 00:00:06,080 Speaker 1: Mas Show. We're always talking about the decentralized revolution, looking 3 00:00:06,120 --> 00:00:09,440 Speaker 1: at the world through politics, finance, and technology to find 4 00:00:09,480 --> 00:00:11,559 Speaker 1: the signal through the noise. We're looking at some of 5 00:00:11,600 --> 00:00:14,360 Speaker 1: the latest breaking news headlines this week, and I got 6 00:00:14,400 --> 00:00:16,720 Speaker 1: some big stories that I want to cover. Man, these 7 00:00:17,520 --> 00:00:21,040 Speaker 1: these stories are really so much bigger than just the 8 00:00:21,200 --> 00:00:23,560 Speaker 1: actual story. And I'm going to break down some of 9 00:00:23,560 --> 00:00:24,960 Speaker 1: these things that are happening in the world today. But 10 00:00:25,000 --> 00:00:27,920 Speaker 1: I'm gonna bring them into context so you can understand 11 00:00:28,200 --> 00:00:31,600 Speaker 1: how they're not just loan pieces. They're much much, much 12 00:00:31,720 --> 00:00:34,400 Speaker 1: much bigger pieces of a much much bigger story. So 13 00:00:34,400 --> 00:00:38,720 Speaker 1: we're gonna cover the autoworker strike. It is not what 14 00:00:38,800 --> 00:00:41,280 Speaker 1: you think it is. It's much much bigger than that. 15 00:00:41,320 --> 00:00:45,040 Speaker 1: We're gonna break that down. We're gonna look at some 16 00:00:45,159 --> 00:00:47,599 Speaker 1: of the censorship pieces that was going on. I want 17 00:00:47,600 --> 00:00:49,640 Speaker 1: to look at what the FED and the other central 18 00:00:49,640 --> 00:00:51,239 Speaker 1: banks have just decided to do. 19 00:00:51,880 --> 00:00:52,920 Speaker 2: We're gonna cover. 20 00:00:54,440 --> 00:00:57,040 Speaker 1: A whole bunch of stuff I covered here. We'll break 21 00:00:57,080 --> 00:00:59,040 Speaker 1: it down. You don't want to miss it, so don't 22 00:00:59,040 --> 00:01:01,200 Speaker 1: tune out. But I'm gonna brea get down first by 23 00:01:01,240 --> 00:01:03,560 Speaker 1: talking about what the heck is going on in the 24 00:01:03,720 --> 00:01:07,520 Speaker 1: United States and Canada. What's going on in the United 25 00:01:07,560 --> 00:01:10,200 Speaker 1: States and Canada. So in the US, we're starting to 26 00:01:10,200 --> 00:01:11,800 Speaker 1: see a lot of signs, and I want to connect 27 00:01:11,800 --> 00:01:16,160 Speaker 1: a couple dots for you here. What do automobiles have 28 00:01:16,360 --> 00:01:21,120 Speaker 1: in common with food and groceries? And what is the 29 00:01:21,200 --> 00:01:25,400 Speaker 1: US have in common with Canada? Well, don't worry, I'll 30 00:01:25,400 --> 00:01:26,280 Speaker 1: break that down for you. 31 00:01:26,360 --> 00:01:29,199 Speaker 2: So you're probably already aware, you know you could. 32 00:01:29,480 --> 00:01:31,440 Speaker 1: You can go catch the news headlines anywhere, right you 33 00:01:31,440 --> 00:01:34,600 Speaker 1: can just brew browse CNN or Fox or wherever you 34 00:01:34,600 --> 00:01:36,240 Speaker 1: want to get your news, and you can get the 35 00:01:36,440 --> 00:01:38,840 Speaker 1: news stories. But no one's going to connect the dots 36 00:01:38,880 --> 00:01:40,240 Speaker 1: for you like I'm going to do right now. So 37 00:01:40,280 --> 00:01:43,240 Speaker 1: what do we got going on here? We have the UAW, 38 00:01:43,560 --> 00:01:46,200 Speaker 1: the United Auto Workers. They're on a big strike, as 39 00:01:46,200 --> 00:01:48,040 Speaker 1: a targeted strike is a planet is going to affect 40 00:01:48,400 --> 00:01:51,480 Speaker 1: all the big auto manufacturers. It began with about one 41 00:01:51,560 --> 00:01:53,920 Speaker 1: hundred and forty five thousand workers walking out of three 42 00:01:53,960 --> 00:01:58,160 Speaker 1: auto plants in hopes of you know, getting paid more money. Now, 43 00:01:58,240 --> 00:02:02,360 Speaker 1: again that's the news. But what happened well about a 44 00:02:02,400 --> 00:02:05,360 Speaker 1: decade ago, automakers were, you know, on the verge of bankruptcy. 45 00:02:05,400 --> 00:02:07,760 Speaker 1: As a matter of fact, GM was going bankrupt. The 46 00:02:07,800 --> 00:02:10,560 Speaker 1: government had to step in to save them. There was 47 00:02:10,600 --> 00:02:14,480 Speaker 1: a big agreement to accept the contracts that no longer 48 00:02:14,520 --> 00:02:19,840 Speaker 1: tied workers pay to inflation. Now, if they didn't do this, 49 00:02:20,000 --> 00:02:22,800 Speaker 1: they were going to lose their job. So I guess 50 00:02:22,800 --> 00:02:26,440 Speaker 1: they went ahead and just did this. Now was this 51 00:02:26,520 --> 00:02:28,760 Speaker 1: a bad deal? I don't know. I'm not going to 52 00:02:28,840 --> 00:02:30,760 Speaker 1: dig into that doesn't really matter at this point. But 53 00:02:30,800 --> 00:02:34,760 Speaker 1: here's what matters. They didn't tie their wages to inflation, 54 00:02:35,040 --> 00:02:35,520 Speaker 1: and so what. 55 00:02:35,480 --> 00:02:36,120 Speaker 2: Does that mean. 56 00:02:36,480 --> 00:02:40,440 Speaker 1: That means that the auto workers are losing money on 57 00:02:40,480 --> 00:02:42,840 Speaker 1: a regular basis, so their pay is going up. As 58 00:02:42,880 --> 00:02:45,880 Speaker 1: a matter of fact, the US autoworkers manufacturing production lines 59 00:02:45,919 --> 00:02:49,600 Speaker 1: earned about twenty eight dollars per hour in average. That 60 00:02:49,680 --> 00:02:52,399 Speaker 1: was in August. It's up a dollar from the previous year. 61 00:02:52,680 --> 00:02:56,560 Speaker 1: So their pay went up a dollar the average autoworker. 62 00:02:58,600 --> 00:03:01,320 Speaker 1: But the problem is that inflation, the cost of living 63 00:03:01,440 --> 00:03:04,359 Speaker 1: went up even faster. Now, if we go back to 64 00:03:04,400 --> 00:03:06,480 Speaker 1: two thousand and seven or earlier, we can see that 65 00:03:07,480 --> 00:03:11,040 Speaker 1: they're making anyone had started in about two thousand and 66 00:03:11,040 --> 00:03:14,840 Speaker 1: seven or earlier, which was pre this contract being agreed on. 67 00:03:15,760 --> 00:03:18,359 Speaker 1: Any of those people are now making about thirty three 68 00:03:18,400 --> 00:03:20,040 Speaker 1: dollars an hour on average. 69 00:03:20,200 --> 00:03:22,680 Speaker 2: Now these are summaries for the Big Three. 70 00:03:22,800 --> 00:03:25,079 Speaker 1: Now, like I said, these are people that worked before 71 00:03:25,160 --> 00:03:27,160 Speaker 1: two thousand and seven and they were part of the 72 00:03:27,200 --> 00:03:30,320 Speaker 1: lower tier, so they were earning about seventeen dollars an 73 00:03:30,320 --> 00:03:32,320 Speaker 1: hour back then. Now they're making about thirty three dollars 74 00:03:32,320 --> 00:03:34,960 Speaker 1: an hour, which means they've been increasing their pay by 75 00:03:35,000 --> 00:03:41,600 Speaker 1: about six percent annually. But the problem is, again, inflation 76 00:03:41,800 --> 00:03:45,600 Speaker 1: has been going up higher. The promise of low inflation 77 00:03:45,800 --> 00:03:49,280 Speaker 1: was broken by the government, so the government got them 78 00:03:49,280 --> 00:03:53,280 Speaker 1: into this deal. But because the government can't stop spending money, 79 00:03:53,480 --> 00:03:56,120 Speaker 1: the Biden administration spending more money than anyone ever in history. 80 00:03:56,120 --> 00:03:58,280 Speaker 1: But Trump did before him, and Obama died before him, 81 00:03:58,320 --> 00:03:59,200 Speaker 1: and Bush did before him. 82 00:03:59,200 --> 00:04:00,200 Speaker 2: That's just the way it goes. 83 00:04:00,760 --> 00:04:03,400 Speaker 1: They're spending so much money so fast, inflation is raging 84 00:04:03,480 --> 00:04:07,200 Speaker 1: so high that it's not helping these workers out. They're 85 00:04:07,240 --> 00:04:09,720 Speaker 1: losing money. And these are the guys that are producing 86 00:04:10,000 --> 00:04:15,400 Speaker 1: real goods and services. So while cars have been going okay, overall, 87 00:04:15,440 --> 00:04:16,880 Speaker 1: the workers have been losing money. 88 00:04:16,920 --> 00:04:17,479 Speaker 2: And this is the problem. 89 00:04:17,560 --> 00:04:20,479 Speaker 1: So when you see wages, and not just for auto workers, 90 00:04:20,520 --> 00:04:23,119 Speaker 1: for everybody has been going down even though their pay 91 00:04:23,200 --> 00:04:26,640 Speaker 1: is going up. Their real wages, when adjusted for inflation, 92 00:04:26,800 --> 00:04:29,480 Speaker 1: have been going down because the cost of steaks and 93 00:04:29,920 --> 00:04:34,000 Speaker 1: milk and cheese and houses and gasoline and all those 94 00:04:34,000 --> 00:04:37,279 Speaker 1: things are going up faster than their pay is. So 95 00:04:37,320 --> 00:04:40,080 Speaker 1: when you adjust it for those things, you see that 96 00:04:40,120 --> 00:04:42,719 Speaker 1: they're actually making less and less and less. All right, 97 00:04:44,320 --> 00:04:48,200 Speaker 1: So that's problem number one, But we have some other problems. 98 00:04:48,360 --> 00:04:48,680 Speaker 2: Now. 99 00:04:49,040 --> 00:04:51,720 Speaker 1: The other problem is, like I said, what does that 100 00:04:51,760 --> 00:04:54,560 Speaker 1: have to do with groceries. Well, someone that I had 101 00:04:54,640 --> 00:04:56,839 Speaker 1: on my show just recently, I think it was last week, actually, 102 00:04:56,880 --> 00:04:59,880 Speaker 1: Peter saint On, which, by the way, Pete and I 103 00:05:00,120 --> 00:05:03,480 Speaker 1: are both speaking at the Bitcoin conference in Amsterdam coming 104 00:05:03,560 --> 00:05:05,680 Speaker 1: up in just a couple of weeks. So I'm looking 105 00:05:05,680 --> 00:05:07,680 Speaker 1: forward to hanging out with you, Peter. If you're listening, 106 00:05:07,839 --> 00:05:09,960 Speaker 1: and anybody who's going to be in Europe are going 107 00:05:10,000 --> 00:05:11,200 Speaker 1: to be in Ampsdam, I'd love to hear from me. 108 00:05:11,240 --> 00:05:12,760 Speaker 1: Hit me up on social media, let me know. 109 00:05:13,120 --> 00:05:13,920 Speaker 2: But anyway, he. 110 00:05:13,839 --> 00:05:16,039 Speaker 1: Put out an article talking about the breakdown of what's 111 00:05:16,040 --> 00:05:19,200 Speaker 1: going on with these grocery stores, specifically in Chicago. So 112 00:05:19,520 --> 00:05:23,640 Speaker 1: in Chicago, the mayor announced plans for a government run 113 00:05:23,760 --> 00:05:29,240 Speaker 1: grocery store. Why, well, it's the same problem that Canada's 114 00:05:29,240 --> 00:05:31,640 Speaker 1: happening with their grocery stores. You see how all this 115 00:05:31,680 --> 00:05:34,239 Speaker 1: is tied together. Well, how is that tied together with autoworkers. Well, 116 00:05:35,080 --> 00:05:37,880 Speaker 1: it appears that the problem in Canada is the same 117 00:05:37,960 --> 00:05:41,320 Speaker 1: problem in Chicago and the United States for that matter, 118 00:05:41,600 --> 00:05:44,839 Speaker 1: which is that food prices are going up so fast 119 00:05:44,920 --> 00:05:47,960 Speaker 1: that people can't afford to live anymore, not live the 120 00:05:47,960 --> 00:05:49,960 Speaker 1: way they used to. Instead of eating steak, now they 121 00:05:50,000 --> 00:05:53,880 Speaker 1: got to eat rice and beans or whatever. Right, And 122 00:05:53,920 --> 00:05:56,920 Speaker 1: so in Canada it's getting hit particularly hard, much harder 123 00:05:56,920 --> 00:05:58,599 Speaker 1: than the United States. But in the United States happening 124 00:05:58,640 --> 00:06:00,760 Speaker 1: as well. And so you saw justin True go on 125 00:06:00,800 --> 00:06:02,800 Speaker 1: the news over the last couple of weeks saying that 126 00:06:03,040 --> 00:06:06,919 Speaker 1: he's going to demand that these grocery stores stop raising prices. 127 00:06:06,960 --> 00:06:09,799 Speaker 2: How dare these greedy grocery. 128 00:06:09,320 --> 00:06:12,640 Speaker 1: Stores sell for such high prices when people in Canada 129 00:06:12,720 --> 00:06:16,360 Speaker 1: are struggling to live. That's the rally crying. That's the 130 00:06:16,480 --> 00:06:19,760 Speaker 1: rally cry a communist dictator, that's what the rally cry is. Now, 131 00:06:20,080 --> 00:06:24,200 Speaker 1: if these grocery stores were so greedy making all this profit, 132 00:06:24,520 --> 00:06:26,840 Speaker 1: then wouldn't another grocery store just open up and charge 133 00:06:26,920 --> 00:06:31,920 Speaker 1: less prices, because that's how competition works. The reason why 134 00:06:31,920 --> 00:06:33,960 Speaker 1: the groceries are so expensive and people can't afford him 135 00:06:33,960 --> 00:06:37,880 Speaker 1: is because of inflation, because the governments can't stop printing money, okay, 136 00:06:38,160 --> 00:06:40,080 Speaker 1: so as they contin to print more money, it pushes 137 00:06:40,080 --> 00:06:42,120 Speaker 1: the cost of goods and services up. In addition to 138 00:06:42,839 --> 00:06:44,760 Speaker 1: particularly in Canada, but in the United States as well, 139 00:06:44,960 --> 00:06:48,680 Speaker 1: the massive amounts of onerous red tape and bureaucracy that's 140 00:06:48,720 --> 00:06:51,280 Speaker 1: put onto these businesses, they also push their prices up. 141 00:06:51,560 --> 00:06:54,599 Speaker 1: When I have all these legal restrictions and all these 142 00:06:54,640 --> 00:06:56,560 Speaker 1: forms and files, and not have to hire all these 143 00:06:56,560 --> 00:06:59,560 Speaker 1: people for all these inclusions and all these diversity trainings, 144 00:07:00,320 --> 00:07:03,240 Speaker 1: all these reports. It costs money to do that. And 145 00:07:03,279 --> 00:07:06,000 Speaker 1: in order to make a business that actually turns the profit, 146 00:07:06,200 --> 00:07:08,680 Speaker 1: I have to raise the prices of my goods and services. 147 00:07:08,839 --> 00:07:09,280 Speaker 2: That's it. 148 00:07:09,480 --> 00:07:12,240 Speaker 1: When the cost of my lettuce goes up and the 149 00:07:12,280 --> 00:07:14,560 Speaker 1: cost of my labor goes up, I have to sell 150 00:07:14,600 --> 00:07:17,480 Speaker 1: the lettuce for a profit. And that just is what 151 00:07:17,520 --> 00:07:21,880 Speaker 1: it is. The governments are the ones causing the prices 152 00:07:21,920 --> 00:07:24,120 Speaker 1: to go up with their red tape in bureaucracy and 153 00:07:24,160 --> 00:07:27,560 Speaker 1: with their money endless money printing in bureaucracy. But Trudeau 154 00:07:27,560 --> 00:07:29,520 Speaker 1: wants to come in and be the savior and say 155 00:07:29,600 --> 00:07:33,760 Speaker 1: these greedy business owners, we're going to take them over. 156 00:07:34,120 --> 00:07:35,200 Speaker 2: Now that might sound familiar. 157 00:07:35,360 --> 00:07:38,360 Speaker 1: It's the same thing that Vladimir Lenin said in Russia, 158 00:07:38,480 --> 00:07:40,760 Speaker 1: same thing that Mouse said in China, the same thing that 159 00:07:40,840 --> 00:07:43,000 Speaker 1: Hitler said in Germany. And it's the same thing that 160 00:07:43,000 --> 00:07:45,280 Speaker 1: Trudeau is challenged today. The government should just take it over, 161 00:07:45,280 --> 00:07:47,320 Speaker 1: which is the exact same thing the Chicago marriage just said. 162 00:07:47,520 --> 00:07:52,200 Speaker 1: He wants government run grocery stores because the people can't 163 00:07:52,240 --> 00:07:55,480 Speaker 1: afford to pay the fees anymore sort of. Another reason 164 00:07:55,560 --> 00:07:58,920 Speaker 1: is because the shoplifters continue to steal so much. So 165 00:07:59,000 --> 00:08:01,520 Speaker 1: why is all this happening? How is the grocery Well, 166 00:08:01,560 --> 00:08:03,560 Speaker 1: I just connected the gro stores in Chicago and the 167 00:08:03,640 --> 00:08:06,120 Speaker 1: United States and Canada. But how does that What does 168 00:08:06,160 --> 00:08:07,840 Speaker 1: that have to do with autos? What's the same thing. 169 00:08:09,560 --> 00:08:12,440 Speaker 1: All around the world, we have this massive migrant problem 170 00:08:12,480 --> 00:08:15,000 Speaker 1: going on. It's all the same thing. Because the United 171 00:08:15,040 --> 00:08:17,920 Speaker 1: States is printing so much dollars. We just increased to 172 00:08:18,320 --> 00:08:20,880 Speaker 1: two tillion dollars deficit Inflation in the US. 173 00:08:20,760 --> 00:08:23,680 Speaker 2: Is really really bad, but because we have the reserve. 174 00:08:23,440 --> 00:08:25,640 Speaker 1: Currency of the world, it's not as bad here as 175 00:08:25,640 --> 00:08:29,400 Speaker 1: it is in Canada and Europe. Inflation is way worse 176 00:08:29,440 --> 00:08:31,560 Speaker 1: in Canada and the UK and Canada than it is here. 177 00:08:32,320 --> 00:08:36,280 Speaker 1: But those are those are top G seven countries. It's 178 00:08:36,320 --> 00:08:39,840 Speaker 1: even way worse in G twenty countries. It's even way 179 00:08:39,880 --> 00:08:42,480 Speaker 1: worse in the Global South. When you get into Africa 180 00:08:42,760 --> 00:08:45,840 Speaker 1: and you get into South America, they're having massive famine, 181 00:08:47,240 --> 00:08:51,920 Speaker 1: they're having political coups happening because the money is broken down. 182 00:08:52,440 --> 00:08:56,360 Speaker 1: This is all because the governments can't quit printing money. 183 00:08:56,360 --> 00:08:56,760 Speaker 2: This is it. 184 00:08:57,120 --> 00:09:00,000 Speaker 1: So now you can't afford groceries in Chicago, you cantifford 185 00:09:00,120 --> 00:09:02,520 Speaker 1: in Canada. You can't afford to work on the auto 186 00:09:02,559 --> 00:09:04,920 Speaker 1: line anymore at an auto manufacturer. You can't afford to 187 00:09:04,960 --> 00:09:06,680 Speaker 1: live in Africa, so you're going to move to Europe. 188 00:09:06,960 --> 00:09:10,400 Speaker 1: And this is all because the money is broken And 189 00:09:10,720 --> 00:09:11,080 Speaker 1: you know. 190 00:09:11,120 --> 00:09:12,400 Speaker 2: Don't let a crisis a good waste. 191 00:09:12,440 --> 00:09:15,520 Speaker 1: So by the way, let's just blame the greedy businesses 192 00:09:15,559 --> 00:09:18,280 Speaker 1: and we'll just take them over and have a government 193 00:09:18,480 --> 00:09:24,199 Speaker 1: run business structure, sort of like what happened in communist Russia. Yeah, 194 00:09:24,200 --> 00:09:25,760 Speaker 1: something like that. If you're just tune in your listening 195 00:09:25,800 --> 00:09:27,319 Speaker 1: to the Mark Mas Show, we're breaking down some of 196 00:09:27,320 --> 00:09:29,520 Speaker 1: the latest breaking news headlines this week as we look 197 00:09:29,520 --> 00:09:32,560 Speaker 1: at the politics, finance, and technology converging. We're back with 198 00:09:32,559 --> 00:09:34,440 Speaker 1: more a minute. Don't go away, We're back, all right, 199 00:09:34,440 --> 00:09:35,960 Speaker 1: Welcome back. If you just tune in, you're listening to 200 00:09:36,000 --> 00:09:37,360 Speaker 1: the Mark Mas Show, we're running through some of the 201 00:09:37,440 --> 00:09:40,679 Speaker 1: latest breaking news headlines this week so you can understand 202 00:09:40,720 --> 00:09:43,360 Speaker 1: what is going on now Again, you can go get 203 00:09:43,360 --> 00:09:45,400 Speaker 1: these news headlines from anywhere. You can turn on CNN 204 00:09:45,559 --> 00:09:48,680 Speaker 1: and they'll read you the news headlines. They might mislead 205 00:09:48,720 --> 00:09:51,480 Speaker 1: you or omit some key facts, but they don't explain 206 00:09:51,600 --> 00:09:54,160 Speaker 1: what it is in context of what's really going on. 207 00:09:54,520 --> 00:09:55,920 Speaker 1: That's what I'm trying to do here. That's what we 208 00:09:55,920 --> 00:09:59,400 Speaker 1: did in this last segment and this week I'm sorry 209 00:09:59,760 --> 00:10:03,240 Speaker 1: for segment. We're digging into more stories that sort of 210 00:10:03,320 --> 00:10:05,160 Speaker 1: build on the theme that we just talked about. 211 00:10:05,200 --> 00:10:07,680 Speaker 2: We talked about the auto workers striking. 212 00:10:07,720 --> 00:10:11,800 Speaker 1: We talked about the mayor of Chicago and the President 213 00:10:11,840 --> 00:10:15,920 Speaker 1: of Canada Trudeau, both went into nationalize literally nationalized takeover 214 00:10:16,000 --> 00:10:19,679 Speaker 1: the grocery stores, the food industry, and all of that 215 00:10:19,800 --> 00:10:22,000 Speaker 1: is because of the massive amount of money printing that's 216 00:10:22,000 --> 00:10:25,320 Speaker 1: been happening. So now let's look at some other big 217 00:10:25,559 --> 00:10:28,240 Speaker 1: breaking news that happened this week about the money printing. 218 00:10:28,280 --> 00:10:30,199 Speaker 1: So we know the Federal Reserve, the Central Bank of 219 00:10:30,200 --> 00:10:34,080 Speaker 1: the United States, the ECB, which is the European Central Bank, 220 00:10:34,440 --> 00:10:36,800 Speaker 1: and then you have the BOJ which is the Bank 221 00:10:36,840 --> 00:10:39,440 Speaker 1: of Japan. Those are the three largest central banks in 222 00:10:39,440 --> 00:10:41,520 Speaker 1: the world. They're really the only central banks that matter. 223 00:10:41,600 --> 00:10:43,560 Speaker 1: They're the tier one banks. There's a lot of other 224 00:10:43,600 --> 00:10:45,440 Speaker 1: central banks, but they just don't have enough money or 225 00:10:45,440 --> 00:10:47,199 Speaker 1: policy that really matter. And really the FED and the 226 00:10:47,240 --> 00:10:49,920 Speaker 1: ECB are the big ones. The BOJ has been just 227 00:10:50,040 --> 00:10:52,840 Speaker 1: constantly easing and buying all their bonds in the stocks, 228 00:10:52,880 --> 00:10:54,720 Speaker 1: so it's like we already know what they're doing. They've 229 00:10:54,720 --> 00:10:57,760 Speaker 1: never gone into a tightening, but the FED and the ECB, 230 00:10:58,960 --> 00:11:03,080 Speaker 1: both with Europe, the UK and the US dealing with 231 00:11:03,240 --> 00:11:06,880 Speaker 1: massive amounts of inflation, had to do something. So they 232 00:11:06,880 --> 00:11:10,480 Speaker 1: decided that they would try to tighten. Tighten the monetary policy. 233 00:11:10,760 --> 00:11:14,640 Speaker 1: They try to bring this loose monetary policy, slow the 234 00:11:14,720 --> 00:11:18,560 Speaker 1: economy down, make people lose their jobs, make your rate 235 00:11:18,600 --> 00:11:21,480 Speaker 1: of pay go down, make your stock accounts worth less money? 236 00:11:21,520 --> 00:11:24,200 Speaker 1: Who stop spending money so prices can come back down. 237 00:11:24,240 --> 00:11:26,440 Speaker 1: The problem is that while the FED and the ECB, 238 00:11:26,559 --> 00:11:29,760 Speaker 1: while the central banks are doing that, it's not your 239 00:11:29,840 --> 00:11:33,600 Speaker 1: spending that's causing the problem. It's the government. It's the treasury. 240 00:11:34,040 --> 00:11:37,280 Speaker 1: The US Treasury will not stop spending money. As a 241 00:11:37,320 --> 00:11:40,520 Speaker 1: matter of fact, the US deficit, meaning the amount of 242 00:11:40,520 --> 00:11:42,600 Speaker 1: money they're spending over the amount of income they have 243 00:11:42,640 --> 00:11:49,000 Speaker 1: coming in just hit two trillion dollars. Wow, two trillion 244 00:11:49,040 --> 00:11:52,120 Speaker 1: dollars they are spending. The US government is spending now 245 00:11:52,280 --> 00:11:56,000 Speaker 1: more than fifty percent more than they were spending just 246 00:11:56,440 --> 00:12:00,720 Speaker 1: pre pandemic. Let's just let's say you live one hundred 247 00:12:00,840 --> 00:12:02,400 Speaker 1: air now you're gonna spen one hundredy g an ayear 248 00:12:02,400 --> 00:12:03,800 Speaker 1: and you're gonna borrow that fifty grand a year. 249 00:12:04,400 --> 00:12:05,880 Speaker 2: Like That's basically where we're at. 250 00:12:05,960 --> 00:12:09,160 Speaker 1: So the FED has been trying to tighten things, but 251 00:12:09,200 --> 00:12:11,840 Speaker 1: the government it continues to spend. But here's the key 252 00:12:11,880 --> 00:12:14,480 Speaker 1: piece here. Obviously, inflation hasn't been slowing down. As a 253 00:12:14,480 --> 00:12:16,640 Speaker 1: matter of fact, inflation is going back up now. Inflation 254 00:12:16,679 --> 00:12:19,000 Speaker 1: has caused lots of problems auto workers they can't afford 255 00:12:19,000 --> 00:12:21,959 Speaker 1: to live. They're striking, which is gonna guess what make 256 00:12:22,000 --> 00:12:25,160 Speaker 1: prices go up even more? Interesting enough, so they may 257 00:12:25,200 --> 00:12:27,320 Speaker 1: get the pay they want. But then it pushes the 258 00:12:27,320 --> 00:12:29,440 Speaker 1: cost of the cars up higher. So did they really 259 00:12:29,440 --> 00:12:34,160 Speaker 1: get a pay raise. Well, they're taking more dollars home, 260 00:12:34,800 --> 00:12:39,319 Speaker 1: but those dollars buy less. But what's the Fed gonna do? Well, 261 00:12:39,360 --> 00:12:42,680 Speaker 1: the Fed decided they've been on this warpath of tightening. 262 00:12:42,360 --> 00:12:45,439 Speaker 2: Trying to slow things down. So all eyes are on 263 00:12:45,480 --> 00:12:46,199 Speaker 2: the Fed. What are they gonna do? 264 00:12:46,200 --> 00:12:48,160 Speaker 1: Are they gonna hike rates again? Well, this week they 265 00:12:48,200 --> 00:12:51,199 Speaker 1: decided to put a pause on it. They decide to 266 00:12:51,240 --> 00:12:54,640 Speaker 1: hold interra straight steady at the five point twenty five 267 00:12:54,640 --> 00:12:58,360 Speaker 1: to five point five percent range. But they said, maybe, maybe, 268 00:12:58,400 --> 00:13:01,160 Speaker 1: maybe we might we might hike again. We might. We 269 00:13:01,200 --> 00:13:02,040 Speaker 1: don't know, but we might. 270 00:13:02,600 --> 00:13:03,280 Speaker 2: There's a chance. 271 00:13:03,679 --> 00:13:06,559 Speaker 1: So here we have the most important central bank in 272 00:13:06,600 --> 00:13:10,600 Speaker 1: the world. The Fed said, we might be done tightening. 273 00:13:11,040 --> 00:13:11,920 Speaker 2: We might be. 274 00:13:12,080 --> 00:13:13,720 Speaker 1: We're going to pause for now. We might hike in 275 00:13:13,720 --> 00:13:17,520 Speaker 1: the future, but we're going to pause for now. The ECB, 276 00:13:17,880 --> 00:13:20,680 Speaker 1: the second most important central bank of the world, they 277 00:13:20,840 --> 00:13:24,160 Speaker 1: also decided to pause. As a matter of fact, they 278 00:13:24,360 --> 00:13:27,800 Speaker 1: hiked again, but they said that they're not going to 279 00:13:28,840 --> 00:13:34,480 Speaker 1: raise anymore. So we have inflation raging. The auto workers 280 00:13:34,520 --> 00:13:38,680 Speaker 1: are striking, the grocery stores are being nationalized because of inflation. 281 00:13:38,720 --> 00:13:41,200 Speaker 1: They're trying to slow inflation down. And here we have 282 00:13:41,200 --> 00:13:43,640 Speaker 1: the two most important central banks in the world, who 283 00:13:43,800 --> 00:13:46,120 Speaker 1: are a lot of the cause of this, that have 284 00:13:46,200 --> 00:13:49,079 Speaker 1: been trying to stop it, are now seemingly to throw 285 00:13:49,120 --> 00:13:52,120 Speaker 1: in the towel. Are they done? 286 00:13:52,679 --> 00:13:55,400 Speaker 2: They're going to quit now again. 287 00:13:55,440 --> 00:13:58,160 Speaker 1: The FED says they could come back, they could come 288 00:13:58,160 --> 00:14:00,800 Speaker 1: back and raise rates one more time, but we don't 289 00:14:00,800 --> 00:14:03,600 Speaker 1: know they're Drone Powell, the head of the Federals review 290 00:14:03,720 --> 00:14:06,920 Speaker 1: some metaphor at the Wyoming meeting, like we're go saying 291 00:14:06,960 --> 00:14:08,720 Speaker 1: something about we're. 292 00:14:08,640 --> 00:14:11,160 Speaker 2: Navigating by the stars under the night. 293 00:14:11,040 --> 00:14:13,800 Speaker 1: Sky or something like that, like we're just reading the 294 00:14:13,800 --> 00:14:16,920 Speaker 1: tea leaves, like whatever. The data says, we'll do this now. 295 00:14:17,200 --> 00:14:21,120 Speaker 1: If we look at the FED rate monitor tool, it 296 00:14:21,200 --> 00:14:24,080 Speaker 1: says that a cut to five or five and a 297 00:14:24,160 --> 00:14:26,920 Speaker 1: quarter basis points becomes the most likely scenario by June 298 00:14:26,960 --> 00:14:30,800 Speaker 1: of twenty twenty four and by the November twenty twenty 299 00:14:30,880 --> 00:14:35,840 Speaker 1: four meeting, which is surprisingly or i should say non surprisingly, 300 00:14:36,200 --> 00:14:39,400 Speaker 1: US election time, the FED funds target will be down 301 00:14:39,440 --> 00:14:41,960 Speaker 1: to four point five to four point seventy five, so 302 00:14:42,000 --> 00:14:46,560 Speaker 1: potentially three cuts happening. This is what the projections are. 303 00:14:46,880 --> 00:14:49,000 Speaker 1: This is sort of what the market's pricing in and 304 00:14:49,000 --> 00:14:51,960 Speaker 1: what the market's betting on. So while the Fed decided 305 00:14:52,040 --> 00:14:56,280 Speaker 1: to hold steady, the markets are betting. The markets are 306 00:14:56,320 --> 00:14:58,600 Speaker 1: predicting that they'll be cutting by next year. Now, while 307 00:14:58,640 --> 00:15:05,360 Speaker 1: that sounds good, historically, it's not so historically when the 308 00:15:05,400 --> 00:15:10,120 Speaker 1: FED starts to cut, unfortunately, then a crash comes. Now 309 00:15:10,600 --> 00:15:14,480 Speaker 1: it's not causation, it's the difference of correlation versus causation. 310 00:15:14,560 --> 00:15:18,360 Speaker 1: In my opinion, it's correlation not causation because it's actually lagging. 311 00:15:18,400 --> 00:15:20,840 Speaker 1: So what happens is the FED has been tightening, tightening, 312 00:15:20,920 --> 00:15:24,520 Speaker 1: tight tight, and it has a lag effect. It takes 313 00:15:24,560 --> 00:15:26,480 Speaker 1: twelve to eighteen months to really see the effects of 314 00:15:26,520 --> 00:15:30,120 Speaker 1: those tightenings come through. Now, once they felt like they've 315 00:15:30,160 --> 00:15:32,480 Speaker 1: done enough, or in this case, they've probably done way 316 00:15:32,520 --> 00:15:34,600 Speaker 1: too much, they decide to stop. 317 00:15:35,280 --> 00:15:36,640 Speaker 2: Then things start. 318 00:15:36,360 --> 00:15:38,480 Speaker 1: Getting really bad and they're like. 319 00:15:38,480 --> 00:15:41,560 Speaker 2: Oh crap, we went way too high. We shouldn't have 320 00:15:41,600 --> 00:15:46,080 Speaker 2: gone that high. Uh quick reverse reverse, reverse. 321 00:15:46,000 --> 00:15:49,040 Speaker 1: And they do but the damage is already done because 322 00:15:49,360 --> 00:15:51,880 Speaker 1: this isn't like a little car that you can zip around. 323 00:15:51,920 --> 00:15:54,720 Speaker 1: It's more like an aircraft carrier. You need, you know, 324 00:15:55,040 --> 00:15:58,440 Speaker 1: fifty miles to turn this thing. So by the time 325 00:15:58,600 --> 00:16:01,280 Speaker 1: they see this sign is coming that they went too 326 00:16:01,320 --> 00:16:05,080 Speaker 1: far and they reverse course again, it takes twelve to 327 00:16:05,120 --> 00:16:09,480 Speaker 1: eighteen months, and so the damage is already done. So 328 00:16:10,920 --> 00:16:13,440 Speaker 1: that's that's kind of where we're at now. The markets 329 00:16:13,680 --> 00:16:16,840 Speaker 1: are sort of in agreement with the Feds, you know, 330 00:16:16,960 --> 00:16:20,760 Speaker 1: dot plots or basically what they're projecting as these interestrates 331 00:16:20,800 --> 00:16:27,440 Speaker 1: to happen, which potentially this pause has been good. So 332 00:16:27,840 --> 00:16:30,000 Speaker 1: are they going to pause and how long will they pause? 333 00:16:30,400 --> 00:16:32,800 Speaker 1: And so it looks like this could potentially be good 334 00:16:32,880 --> 00:16:36,320 Speaker 1: for some of the risk on assets specifically, like bitcoin 335 00:16:36,400 --> 00:16:40,440 Speaker 1: is probably the most priced sensitive risk on asset, which 336 00:16:40,520 --> 00:16:43,240 Speaker 1: is I mean, it's still sort of stuck in this range, 337 00:16:43,280 --> 00:16:44,680 Speaker 1: but we can see, you know, it's in this twenty 338 00:16:44,720 --> 00:16:48,040 Speaker 1: five twenty six thousand dollars range. But I think, you know, 339 00:16:48,080 --> 00:16:51,240 Speaker 1: we're probably going to stay in this choppy market for 340 00:16:51,280 --> 00:16:53,240 Speaker 1: a while until the Fed really kind of decides what's 341 00:16:53,280 --> 00:16:56,680 Speaker 1: going to go on. And we're seeing that in the 342 00:16:56,720 --> 00:17:00,360 Speaker 1: stock market right now. But we also, like I said, 343 00:17:00,400 --> 00:17:03,120 Speaker 1: seen it with the ECB. So at what point do 344 00:17:03,160 --> 00:17:07,200 Speaker 1: we have now all three central banks, the BOJ, the 345 00:17:08,680 --> 00:17:12,320 Speaker 1: ECB and the FED all loosening, And my guess is 346 00:17:12,320 --> 00:17:14,399 Speaker 1: probably next year. Now this is in light at the 347 00:17:14,440 --> 00:17:16,840 Speaker 1: same time that the US national debt hit thirty three 348 00:17:17,200 --> 00:17:22,160 Speaker 1: trillion for the first time in history, and the interest, 349 00:17:22,800 --> 00:17:26,520 Speaker 1: just the interest on the national debt is almost a 350 00:17:26,640 --> 00:17:28,320 Speaker 1: trillion dollars. 351 00:17:30,160 --> 00:17:30,680 Speaker 2: Now. 352 00:17:30,760 --> 00:17:34,240 Speaker 1: Just forty years ago the debt was only nine hundred billion. 353 00:17:34,240 --> 00:17:37,080 Speaker 1: As a matter of fact, it took from the date 354 00:17:37,160 --> 00:17:39,240 Speaker 1: the government was founded, if you want to look at 355 00:17:39,600 --> 00:17:41,080 Speaker 1: seventy seventy six, or if you look at like when 356 00:17:41,080 --> 00:17:43,760 Speaker 1: the feders created ninety thirteen, all the way to nineteen 357 00:17:43,840 --> 00:17:47,160 Speaker 1: eighty one for the government to get to one trillion 358 00:17:47,200 --> 00:17:49,600 Speaker 1: in debt. So it took, however, many years, hundreds of 359 00:17:49,680 --> 00:17:51,399 Speaker 1: years to get to one hundred, to get to one trillion. 360 00:17:51,760 --> 00:17:59,600 Speaker 1: The government just added three trillion in the last three months. Crazy, right, Crazy. 361 00:18:00,040 --> 00:18:01,280 Speaker 1: Tuning in to listen to the Mark Maus Show where 362 00:18:01,280 --> 00:18:02,840 Speaker 1: it run in through some of the latest breaking news 363 00:18:02,880 --> 00:18:04,760 Speaker 1: headlines this week so you can understand what is going 364 00:18:04,800 --> 00:18:06,760 Speaker 1: on in the world and what comes next so you 365 00:18:06,800 --> 00:18:09,800 Speaker 1: can plan and prepare to save yourself, to save your family, 366 00:18:09,840 --> 00:18:11,760 Speaker 1: to save your friends, and have a better future. I 367 00:18:11,800 --> 00:18:13,119 Speaker 1: got a lot more to cover when I come back, 368 00:18:13,160 --> 00:18:14,440 Speaker 1: but I'm going to take a very quick break. 369 00:18:14,480 --> 00:18:16,800 Speaker 2: Don't go away, I'll be right back, all right, Welcome back. 370 00:18:16,840 --> 00:18:18,400 Speaker 1: If you're just tuning in, you're listening to the Mark 371 00:18:18,440 --> 00:18:20,760 Speaker 1: Mass Show breaking down some of the latest breaking news 372 00:18:20,800 --> 00:18:25,600 Speaker 1: headlines this week. And uh, I got some big headlines 373 00:18:25,640 --> 00:18:28,440 Speaker 1: this week that well, I've read through a couple of 374 00:18:28,440 --> 00:18:32,440 Speaker 1: stories already that are are big and they're scary. 375 00:18:32,800 --> 00:18:35,280 Speaker 2: And they mean some big things are happening. 376 00:18:35,440 --> 00:18:39,159 Speaker 1: And this next story is it is really scary and 377 00:18:39,200 --> 00:18:41,960 Speaker 1: it's very very telling of exactly where we are. 378 00:18:42,000 --> 00:18:44,080 Speaker 2: And again, you can read the news. 379 00:18:43,880 --> 00:18:46,520 Speaker 1: Headlines anywhere, but I want to tell you what they mean, 380 00:18:46,600 --> 00:18:48,359 Speaker 1: and I want to bring to them. I want to 381 00:18:48,359 --> 00:18:50,440 Speaker 1: bring the context. And what am I talking about here? 382 00:18:51,200 --> 00:18:53,600 Speaker 1: You might have heard of Russell Brand and what's happening 383 00:18:53,640 --> 00:18:54,280 Speaker 1: with him this week? 384 00:18:54,320 --> 00:18:54,480 Speaker 2: Right? 385 00:18:54,480 --> 00:18:58,200 Speaker 1: So Russell Brand, obviously you know a famous actor, musician. 386 00:18:58,440 --> 00:19:02,199 Speaker 1: Now he's a commentator. He got to hit with some 387 00:19:02,200 --> 00:19:06,480 Speaker 1: accusations this week of potential sexual misconduct a decade ago 388 00:19:06,640 --> 00:19:10,159 Speaker 1: or more and he's come under massive attack. Now that 389 00:19:10,280 --> 00:19:13,960 Speaker 1: might just seem like a story. You might think that 390 00:19:14,040 --> 00:19:15,760 Speaker 1: he's being unfairly targeted because. 391 00:19:15,600 --> 00:19:16,919 Speaker 2: Of his ideological views. 392 00:19:18,440 --> 00:19:21,399 Speaker 1: But just how big and how deep does this go? 393 00:19:22,000 --> 00:19:23,920 Speaker 1: And that's the part I want to bring context to 394 00:19:23,960 --> 00:19:27,400 Speaker 1: you for now you have to realize what is. 395 00:19:27,400 --> 00:19:28,080 Speaker 2: Going on here. 396 00:19:28,119 --> 00:19:32,440 Speaker 1: First of all, So Russell Brand, like I said, famous actor, musician, 397 00:19:32,480 --> 00:19:36,199 Speaker 1: whatever like look, I mean, he he was famous for 398 00:19:36,359 --> 00:19:39,080 Speaker 1: being a drug addict, alcoholic and having all kinds of 399 00:19:39,119 --> 00:19:42,320 Speaker 1: like wild sexual experiences. He was open about a vocal 400 00:19:42,359 --> 00:19:45,040 Speaker 1: about it, I think, talked about it in books. I 401 00:19:45,080 --> 00:19:49,320 Speaker 1: mean very very very open about it. So you would 402 00:19:49,400 --> 00:19:52,919 Speaker 1: think that during that time and doing those things, you 403 00:19:52,960 --> 00:19:57,040 Speaker 1: would have heard about, you know, potential sexual misconduct happening, 404 00:19:57,200 --> 00:19:59,720 Speaker 1: Like at the time it was happening, you know, potentially 405 00:19:59,720 --> 00:20:03,280 Speaker 1: he did some things that might be outside the normal thing. Right. 406 00:20:04,280 --> 00:20:08,120 Speaker 1: We don't know. However, now today we see multiple women 407 00:20:08,160 --> 00:20:15,000 Speaker 1: are accusing him of sexual assault, emotional abuse, going all 408 00:20:15,119 --> 00:20:17,760 Speaker 1: back from two thousand and six to twenty thirteen. Now, 409 00:20:18,119 --> 00:20:20,760 Speaker 1: I don't know UK law. I think in the United 410 00:20:20,760 --> 00:20:24,160 Speaker 1: States there's you know, statute of limitations, which I think 411 00:20:24,200 --> 00:20:26,679 Speaker 1: that's way longer than that like typically like, hey, if 412 00:20:26,680 --> 00:20:28,639 Speaker 1: this happened to me, I should probably go talk about 413 00:20:28,640 --> 00:20:31,360 Speaker 1: it now, not from two thousand and six to now, 414 00:20:31,400 --> 00:20:34,119 Speaker 1: what is that, you know what? A fifteen years later? 415 00:20:34,960 --> 00:20:39,320 Speaker 1: But these accusations they come not from the individual people, 416 00:20:39,680 --> 00:20:43,400 Speaker 1: but from a joint investigation by the Sunday Times and 417 00:20:43,680 --> 00:20:49,919 Speaker 1: Channel four. Now Russell Brand, of course, obviously strongly denies this. 418 00:20:50,000 --> 00:20:52,840 Speaker 1: He says, hey, look, I did some crazy sexual things. 419 00:20:52,840 --> 00:20:54,600 Speaker 1: I talked about him at the time, but like, I 420 00:20:54,680 --> 00:20:58,680 Speaker 1: never did this. That's that's the high level story. You 421 00:20:58,720 --> 00:21:00,920 Speaker 1: can go read that anywhere, but here the important part 422 00:21:01,119 --> 00:21:07,200 Speaker 1: what happened since then? So this is an allegation allegedly 423 00:21:07,760 --> 00:21:13,119 Speaker 1: per some investigative reporter, allegedly he did these things. Now 424 00:21:14,080 --> 00:21:16,200 Speaker 1: in the United States, and I believe in the UK 425 00:21:16,320 --> 00:21:20,200 Speaker 1: as well, we're supposed to be innocent until proven guilty, 426 00:21:20,240 --> 00:21:21,960 Speaker 1: and that's proven. 427 00:21:21,680 --> 00:21:24,320 Speaker 2: By beyond the shadow of a doubt. 428 00:21:24,520 --> 00:21:28,000 Speaker 1: So in court that must be proven beyond a shadow 429 00:21:28,000 --> 00:21:32,240 Speaker 1: of a doubt, and I'm innocent until that has happened. Well, 430 00:21:33,280 --> 00:21:36,400 Speaker 1: we don't even have charges filed, there's not even there's 431 00:21:36,440 --> 00:21:39,919 Speaker 1: not even an indictment. This is just an allegation that 432 00:21:40,119 --> 00:21:43,159 Speaker 1: was made and all of a sudden, just like clockwork, 433 00:21:43,280 --> 00:21:49,000 Speaker 1: YouTube demonetized brands channel. Now, Russell Brand has over six 434 00:21:49,040 --> 00:21:53,159 Speaker 1: and a half million subscribers on YouTube and he makes 435 00:21:53,240 --> 00:21:57,200 Speaker 1: content talking about issues that nobody wants you to talk about, 436 00:21:57,280 --> 00:22:03,280 Speaker 1: so vaccines, the wars, the election, things like that, which 437 00:22:03,280 --> 00:22:05,800 Speaker 1: are obviously topics they would like him to stop talking about. 438 00:22:06,000 --> 00:22:08,159 Speaker 1: So it seems sort of weird that YouTube would just 439 00:22:08,800 --> 00:22:12,359 Speaker 1: demonetize his entire channel. But's even weirder than that is 440 00:22:12,440 --> 00:22:17,720 Speaker 1: why would they do that? So allegedly a news report 441 00:22:17,840 --> 00:22:22,199 Speaker 1: shows that he had sexual misconduct fifteen years ago and 442 00:22:22,200 --> 00:22:26,760 Speaker 1: then they shut off his ability to make money. Now, 443 00:22:26,960 --> 00:22:29,840 Speaker 1: it wasn't just nicely lenocent and this is where you 444 00:22:29,920 --> 00:22:33,840 Speaker 1: have to start paying attention. So YouTube did that, Well, 445 00:22:33,880 --> 00:22:35,720 Speaker 1: why does YouTube have any to do with what's going 446 00:22:35,760 --> 00:22:37,800 Speaker 1: on with an alleged thing with the Channel four news 447 00:22:37,800 --> 00:22:42,320 Speaker 1: over in the UK. Shortly after that, the chair of Culture, 448 00:22:42,440 --> 00:22:45,080 Speaker 1: Media and Sports Committee in the UK Parliament, So the 449 00:22:45,160 --> 00:22:49,880 Speaker 1: UK Parliament sent letters to x, Twitter, the BBC, TikTok, 450 00:22:50,760 --> 00:22:54,760 Speaker 1: gb News, Channel four and Rumble and in this letter 451 00:22:54,800 --> 00:22:57,800 Speaker 1: they asked if Russell Brand was able to monetize his 452 00:22:57,920 --> 00:23:02,120 Speaker 1: content on those platforms. They said, quote, let me read 453 00:23:02,160 --> 00:23:05,040 Speaker 1: it to you. While we recognize that TikTok is not 454 00:23:05,200 --> 00:23:09,000 Speaker 1: the creator of the content published by mister brand, and 455 00:23:09,080 --> 00:23:12,359 Speaker 1: his content may be within the community guidelines set up 456 00:23:12,400 --> 00:23:16,480 Speaker 1: by the platform, we're concerned that he may be able 457 00:23:16,560 --> 00:23:21,919 Speaker 1: to profit from his content on the platform. 458 00:23:22,359 --> 00:23:23,199 Speaker 2: So let's think about that. 459 00:23:23,560 --> 00:23:27,399 Speaker 1: So we understand that you know, his content may be 460 00:23:27,560 --> 00:23:31,320 Speaker 1: totally within your guidelines, but what we're concerned on is 461 00:23:31,359 --> 00:23:36,680 Speaker 1: he may be able to profit. Huh So since when 462 00:23:36,920 --> 00:23:40,920 Speaker 1: is being allegedly accused of a crime mean you can't work? 463 00:23:42,160 --> 00:23:44,879 Speaker 1: So now all of a sudden, you're supposed to be 464 00:23:44,880 --> 00:23:47,680 Speaker 1: a innocent of profa guilty. But now if you're even alleged, 465 00:23:47,720 --> 00:23:52,400 Speaker 1: not even indicted, not even charged, alleged to have done 466 00:23:52,440 --> 00:23:56,440 Speaker 1: something wrong, you can't work anymore. You can't make money. 467 00:23:56,600 --> 00:23:57,440 Speaker 2: So it works. 468 00:23:58,800 --> 00:24:02,359 Speaker 1: Like what kind of world is now? Let me be clear, 469 00:24:02,960 --> 00:24:06,040 Speaker 1: I have three sisters, I have two daughters. Like you know, 470 00:24:06,200 --> 00:24:10,040 Speaker 1: sexual misconduct or assault is no laughing matter by any means. 471 00:24:10,600 --> 00:24:13,640 Speaker 1: And these allegations, I mean, I guess they're serious, right, 472 00:24:13,680 --> 00:24:15,280 Speaker 1: I mean if it was my daughter, my sister, I'd 473 00:24:15,280 --> 00:24:18,800 Speaker 1: want them to do serious. And so these accusers should 474 00:24:18,840 --> 00:24:22,199 Speaker 1: have every single legal right to an investigation, right, so 475 00:24:22,720 --> 00:24:24,840 Speaker 1: I guess, I mean, I don't know about the statue limitations. 476 00:24:25,400 --> 00:24:28,160 Speaker 1: I'm not an attorney in London, but maybe there's something there. 477 00:24:28,200 --> 00:24:30,240 Speaker 1: But you know, normally this should be taken seriously and 478 00:24:30,280 --> 00:24:32,600 Speaker 1: so there should be some sort of criminal proceedings. There 479 00:24:32,600 --> 00:24:37,800 Speaker 1: should be an investigation, and there might be after the investigation, 480 00:24:38,359 --> 00:24:41,880 Speaker 1: there might be some criminal proceedings if the evidence that's 481 00:24:41,920 --> 00:24:44,040 Speaker 1: been found, you know, warrants that if it merits that. 482 00:24:44,680 --> 00:24:48,919 Speaker 1: But again, Brand is innocent until proven guilty, and social 483 00:24:48,960 --> 00:24:54,159 Speaker 1: media platforms and governments should have zero power to strip 484 00:24:54,240 --> 00:24:56,879 Speaker 1: him of his ability to make money. 485 00:24:56,440 --> 00:24:57,600 Speaker 2: Right, I would think so. 486 00:24:58,040 --> 00:25:02,960 Speaker 1: I would think that democratic governments should not have the ability, 487 00:25:03,119 --> 00:25:05,680 Speaker 1: should not have the power, should not want to try 488 00:25:05,680 --> 00:25:08,560 Speaker 1: to step in front of that. I think it's completely 489 00:25:08,600 --> 00:25:12,520 Speaker 1: inappropriate for representatives of that to use big tech to 490 00:25:12,560 --> 00:25:17,280 Speaker 1: punish people for again alleged miscontact. I think doing so 491 00:25:17,600 --> 00:25:22,280 Speaker 1: violates the fundamental process of due process. This is a 492 00:25:22,359 --> 00:25:24,440 Speaker 1: legal principle that goes all the way back to thirteen 493 00:25:24,600 --> 00:25:28,320 Speaker 1: fifty four in the Magna Carta established by British King 494 00:25:28,640 --> 00:25:33,840 Speaker 1: Edward the third. But just because someone alleged it, they 495 00:25:33,840 --> 00:25:39,639 Speaker 1: took it down. Now, on Twitter this week, MMA legend 496 00:25:39,760 --> 00:25:43,000 Speaker 1: Jake Shields claimed with a funny tweet. I really liked it, 497 00:25:43,560 --> 00:25:48,440 Speaker 1: he said. Former New zeal if I said, former New 498 00:25:48,520 --> 00:25:53,159 Speaker 1: Zealand Prime Minister Yacinda hart Arden raped me seventeen years ago. 499 00:25:53,680 --> 00:25:57,840 Speaker 1: YouTube should immediately censor all of her videos. Now, the 500 00:25:57,880 --> 00:26:01,520 Speaker 1: irony there is Yasinda Hardin is the one that goes 501 00:26:01,920 --> 00:26:04,400 Speaker 1: to the UN and demands that we take away free 502 00:26:04,480 --> 00:26:09,879 Speaker 1: speech right. So hey, if we allege that she did this, 503 00:26:10,000 --> 00:26:12,560 Speaker 1: Hey she rate me seventeen years ago, then should YouTube 504 00:26:12,600 --> 00:26:13,680 Speaker 1: also censor her stuff? 505 00:26:13,680 --> 00:26:14,560 Speaker 2: Do you think that would happen? 506 00:26:15,400 --> 00:26:17,119 Speaker 1: Maybe we should try that. If you're listening, go ahead, 507 00:26:17,119 --> 00:26:20,719 Speaker 1: file that report alleged. Let's see what happens. I highly 508 00:26:20,800 --> 00:26:25,560 Speaker 1: doubt that's what will happen. But the problem, again, let 509 00:26:25,600 --> 00:26:28,199 Speaker 1: me put this in context for you, isn't just Russell 510 00:26:28,280 --> 00:26:31,879 Speaker 1: brand just the fact that he lost his demonetization is 511 00:26:32,359 --> 00:26:35,119 Speaker 1: a big problem. But what the bigger problem is the 512 00:26:35,119 --> 00:26:38,120 Speaker 1: direction in which we're going, the pattern that's being established here. 513 00:26:38,320 --> 00:26:41,040 Speaker 1: In twenty twenty two, Justin Trudeau froze the bank accounts 514 00:26:41,040 --> 00:26:44,960 Speaker 1: of the Freedom Convoy truckers. British banks recently shut down 515 00:26:45,000 --> 00:26:49,480 Speaker 1: the banks of Brexit campaign and Nigel Farage again for 516 00:26:49,560 --> 00:26:55,280 Speaker 1: his ideological views. Nothing legal that he did wrong, nothing financial, 517 00:26:55,359 --> 00:26:57,679 Speaker 1: same as what Trudeau did to the convoy truckers. They 518 00:26:57,680 --> 00:27:01,119 Speaker 1: didn't do anything illegal, it was the ideological views that 519 00:27:01,119 --> 00:27:01,520 Speaker 1: they had. 520 00:27:02,280 --> 00:27:03,280 Speaker 2: My friend I've had on. 521 00:27:03,200 --> 00:27:05,880 Speaker 1: The show, doctor Joseph Marcola, had his bank accounts shut 522 00:27:05,920 --> 00:27:06,320 Speaker 1: down for. 523 00:27:06,240 --> 00:27:06,800 Speaker 2: The same reason. 524 00:27:06,800 --> 00:27:10,119 Speaker 1: He didn't do anything wrong legally, didn't do anything wrong financially, 525 00:27:10,440 --> 00:27:15,000 Speaker 1: but for ideological reasons. We see the White House in 526 00:27:15,040 --> 00:27:17,600 Speaker 1: the United States Department of Homeland Security Center's Disease Control 527 00:27:17,720 --> 00:27:22,199 Speaker 1: demanding even more online censorship of populist voices anyone that 528 00:27:22,240 --> 00:27:26,680 Speaker 1: resists the narrative, such as you know, COVID measures. 529 00:27:26,400 --> 00:27:27,000 Speaker 2: Things like that. 530 00:27:27,640 --> 00:27:29,640 Speaker 1: But that's just the tip of the iceberg. Like I said, 531 00:27:29,640 --> 00:27:32,639 Speaker 1: this is a this is the direction that's going. I 532 00:27:32,680 --> 00:27:34,639 Speaker 1: got a lot more to cover in this story. You 533 00:27:34,640 --> 00:27:37,000 Speaker 1: don't want to miss this because it gets even deeper. 534 00:27:37,000 --> 00:27:38,560 Speaker 1: I'll be back with more in a minute. Don't go away, 535 00:27:38,680 --> 00:27:40,120 Speaker 1: all right, welcome back. If you just tune in, you're 536 00:27:40,119 --> 00:27:42,399 Speaker 1: listening to the Mark Moss Show, and we'll running through 537 00:27:42,400 --> 00:27:44,320 Speaker 1: some of the latest breaking news stories of the week, 538 00:27:44,359 --> 00:27:47,399 Speaker 1: and I'm breaking down the story of what happened with 539 00:27:47,520 --> 00:27:51,680 Speaker 1: Russell Brand and the bigger story past that. Like I said, 540 00:27:51,680 --> 00:27:53,119 Speaker 1: you can read these news headline on their own. You 541 00:27:53,160 --> 00:27:54,760 Speaker 1: can go read the story from wherever you want to 542 00:27:54,760 --> 00:27:56,480 Speaker 1: get your news from. But they're not going to give 543 00:27:56,520 --> 00:27:58,560 Speaker 1: you the context of this. Let me just continue breaking 544 00:27:58,560 --> 00:28:02,320 Speaker 1: this down. So this isn't just an isolated case, right, 545 00:28:02,400 --> 00:28:05,840 Speaker 1: this is the pattern, This is the direction. As I said, 546 00:28:06,080 --> 00:28:09,159 Speaker 1: this is doctor mccolla getting his bank count shut down, 547 00:28:09,240 --> 00:28:11,880 Speaker 1: not for any financial or legal problem, just they don't 548 00:28:11,920 --> 00:28:15,800 Speaker 1: like a ideological view. Nisol Farage had his bank count 549 00:28:15,840 --> 00:28:18,280 Speaker 1: shut down over in Europe. Justin Trudeau shut down the 550 00:28:18,280 --> 00:28:23,000 Speaker 1: bank counts of the Trucker protests. Right, So this is happening. 551 00:28:23,320 --> 00:28:27,760 Speaker 1: Anybody that's talking outside their narrative, they're coming after now. 552 00:28:27,840 --> 00:28:32,040 Speaker 1: At the same time, governments around the world, the central 553 00:28:32,080 --> 00:28:37,160 Speaker 1: banks are moving to central bank digital currencies cbdc's and 554 00:28:37,600 --> 00:28:41,000 Speaker 1: digital IDs, both of these things at the same time. Now, 555 00:28:41,040 --> 00:28:46,720 Speaker 1: these two things together are potentially the final death nail 556 00:28:47,080 --> 00:28:50,440 Speaker 1: in freedom as we know it. The marriage of these 557 00:28:50,480 --> 00:28:55,560 Speaker 1: two the digital currency and the digital ID equals social 558 00:28:55,640 --> 00:28:57,680 Speaker 1: credit scores, which are already used in China. 559 00:28:57,720 --> 00:28:58,640 Speaker 2: They've been used for a long time. 560 00:28:58,640 --> 00:29:01,000 Speaker 1: We've talked about that extensively, but they make it easy 561 00:29:01,040 --> 00:29:03,600 Speaker 1: for big tech, big banks, and big government to basically 562 00:29:03,600 --> 00:29:06,280 Speaker 1: go after anybody that they don't like. Doesn't matter if 563 00:29:06,320 --> 00:29:08,200 Speaker 1: you're convicted of a crime in China, doesn't matter, if 564 00:29:08,200 --> 00:29:10,200 Speaker 1: you're convictive of a crime, if they're if you're social 565 00:29:10,200 --> 00:29:11,880 Speaker 1: caredit core drops. You can't get a bus ticket, a 566 00:29:11,880 --> 00:29:16,280 Speaker 1: train ticket, doesn't matter. So why is this happening? Well, 567 00:29:16,560 --> 00:29:19,920 Speaker 1: the reason why is the managerial class, which you may 568 00:29:19,960 --> 00:29:24,520 Speaker 1: consider the administrative state, bureaucratic state, the deep state, whatever 569 00:29:24,520 --> 00:29:28,080 Speaker 1: you want to call it. The professional managerial class, elites 570 00:29:28,600 --> 00:29:31,320 Speaker 1: in the government who are not elected. We can't vote 571 00:29:31,360 --> 00:29:35,120 Speaker 1: them out. They have the power. They're using their authoritarian, 572 00:29:35,200 --> 00:29:39,400 Speaker 1: extra judicial tactics to silence and punish anybody that they 573 00:29:39,440 --> 00:29:43,000 Speaker 1: don't like. It's a war of the elites against the 574 00:29:43,000 --> 00:29:45,440 Speaker 1: populace against the people. It's what I fram up all 575 00:29:45,480 --> 00:29:48,160 Speaker 1: the time. It's we, the people versus the government. 576 00:29:48,200 --> 00:29:52,760 Speaker 2: That's it. They the elites, they. 577 00:29:53,200 --> 00:30:00,320 Speaker 1: The bureaucratic, the administrative state, the professional managerial class. They 578 00:30:00,480 --> 00:30:05,240 Speaker 1: think that services like the Internet and banking and access 579 00:30:05,280 --> 00:30:08,960 Speaker 1: to financial services, and like other public goods. They seem 580 00:30:09,000 --> 00:30:13,280 Speaker 1: to think that it's not a right. They seem to 581 00:30:13,280 --> 00:30:15,640 Speaker 1: think that they have the control of that, and they 582 00:30:15,640 --> 00:30:18,040 Speaker 1: should be able to use that how they want. And 583 00:30:18,120 --> 00:30:20,040 Speaker 1: they think that they should be able to use these 584 00:30:20,080 --> 00:30:24,000 Speaker 1: co op these coherce these platforms to enforce their will. 585 00:30:25,560 --> 00:30:28,840 Speaker 1: They want to weaponize the Internet to rein in any 586 00:30:28,840 --> 00:30:31,960 Speaker 1: political dissent. At the end of the road that we're 587 00:30:32,000 --> 00:30:36,560 Speaker 1: on is a government administered social credit score system, which 588 00:30:36,600 --> 00:30:40,520 Speaker 1: is not funny, but ironically it's exactly what Brand is 589 00:30:40,560 --> 00:30:41,400 Speaker 1: warning us about. 590 00:30:42,040 --> 00:30:43,400 Speaker 2: All right, It's exactly the. 591 00:30:43,360 --> 00:30:46,600 Speaker 1: Same thing under that type of an agreement, Under that 592 00:30:46,640 --> 00:30:48,480 Speaker 1: type of a social credit core system, where you have 593 00:30:48,720 --> 00:30:54,120 Speaker 1: the CBDC and the digital ad put together. Basically, the governments, 594 00:30:54,120 --> 00:30:56,560 Speaker 1: this managerial class well have all the digital tools that 595 00:30:56,600 --> 00:31:00,640 Speaker 1: they need to push people to conform to these norms. 596 00:31:00,720 --> 00:31:03,280 Speaker 1: Anyone who would express an opinion that would offend this 597 00:31:03,360 --> 00:31:06,480 Speaker 1: government would automatically find themselves not able to use these 598 00:31:06,520 --> 00:31:11,720 Speaker 1: tools like the Internet, for example. The managerial class is 599 00:31:11,800 --> 00:31:15,960 Speaker 1: so desperate to maintain power and control over the narrative 600 00:31:16,000 --> 00:31:18,800 Speaker 1: because it's all lies. Look if it was good for you, 601 00:31:19,880 --> 00:31:22,080 Speaker 1: if they if it was true, they wouldn't have to 602 00:31:22,160 --> 00:31:24,920 Speaker 1: lie to you. They wouldn't have to coerce you. The 603 00:31:25,040 --> 00:31:28,520 Speaker 1: very fact that they have to control this narrative shows 604 00:31:28,560 --> 00:31:33,920 Speaker 1: you the true intentions. They want to control this, and 605 00:31:33,960 --> 00:31:36,760 Speaker 1: they're not happy that the Internet has given us the 606 00:31:36,800 --> 00:31:40,360 Speaker 1: power to have this information. Imagine, knowledge is power. We 607 00:31:40,400 --> 00:31:42,960 Speaker 1: have all this knowledge at our fingertips. 608 00:31:43,040 --> 00:31:45,600 Speaker 2: The power that we have, the people have the power. 609 00:31:45,760 --> 00:31:47,160 Speaker 2: They don't want you to have the power. 610 00:31:47,840 --> 00:31:51,320 Speaker 1: They want the power only for themselves. They want the 611 00:31:51,360 --> 00:31:56,040 Speaker 1: Internet ripped from your hands. These political leaders, they want 612 00:31:56,080 --> 00:31:59,720 Speaker 1: to reassert their dominance over the online conversation. 613 00:32:00,120 --> 00:32:00,640 Speaker 2: We know this. 614 00:32:00,760 --> 00:32:02,640 Speaker 1: It's been revealed. We saw on the Twitter files. We 615 00:32:02,680 --> 00:32:05,360 Speaker 1: saw all the details there. We see it in the 616 00:32:05,400 --> 00:32:09,440 Speaker 1: actions that they're having. We see it in the when 617 00:32:09,480 --> 00:32:12,560 Speaker 1: they brought Matt Tayibe and Michael Schellenberger forward in front 618 00:32:12,560 --> 00:32:16,000 Speaker 1: of congressional hearings and asked them to reveal their sources, 619 00:32:16,040 --> 00:32:17,840 Speaker 1: they persecuted and send the IRUs to their house and 620 00:32:17,880 --> 00:32:18,440 Speaker 1: all these things. 621 00:32:19,560 --> 00:32:20,040 Speaker 2: We see this. 622 00:32:20,080 --> 00:32:23,040 Speaker 1: We see again justin Trudeau, with his actions, he showed 623 00:32:23,080 --> 00:32:27,400 Speaker 1: that a Western government, supposedly a free democratic government, was able, 624 00:32:27,480 --> 00:32:30,640 Speaker 1: and not just able, but willing to basically do what 625 00:32:31,080 --> 00:32:33,120 Speaker 1: Edward Snowden warned us about Edward Snoden had to leave 626 00:32:33,160 --> 00:32:35,040 Speaker 1: the country because he warned the people this was coming, 627 00:32:35,080 --> 00:32:38,600 Speaker 1: and here it is turn key tyranny. So so the 628 00:32:38,640 --> 00:32:43,280 Speaker 1: governments have the ability to basically push a button and 629 00:32:43,400 --> 00:32:46,960 Speaker 1: enforce compliance. They don't need to pass laws, they don't 630 00:32:46,960 --> 00:32:50,800 Speaker 1: have to have courts. This doesn't have the laws. They're 631 00:32:50,880 --> 00:32:53,800 Speaker 1: just doing it on their own. YouTube just took away 632 00:32:53,880 --> 00:32:58,000 Speaker 1: Russell Brand's ability to make money with no precedents. He 633 00:32:58,040 --> 00:33:00,600 Speaker 1: didn't break any laws, he didn't do anything, and they 634 00:33:00,720 --> 00:33:04,320 Speaker 1: did them. Now Brand seems to be too big the censor, 635 00:33:04,560 --> 00:33:07,240 Speaker 1: so they just take away his ability to make money. 636 00:33:07,640 --> 00:33:09,760 Speaker 1: They can't stop him, but they can certainly give him 637 00:33:09,800 --> 00:33:15,000 Speaker 1: financial punishment. Now again, if Russell Brand, you know, did this, 638 00:33:15,160 --> 00:33:17,520 Speaker 1: then you know, let's hold him accountable. But there should 639 00:33:17,600 --> 00:33:23,160 Speaker 1: be due process. YouTube rumble. The British government should not 640 00:33:23,320 --> 00:33:26,600 Speaker 1: be able to go around the Biden administration should not 641 00:33:26,640 --> 00:33:30,040 Speaker 1: be able to go around and prosecute their political rivals. 642 00:33:30,200 --> 00:33:32,640 Speaker 1: It's sort of like what's happening in Donald Trump, sort 643 00:33:32,640 --> 00:33:35,520 Speaker 1: of like what happened to Paxton, the attorney general in Texas. 644 00:33:35,960 --> 00:33:39,760 Speaker 1: They're literally interfering with with with the president. You know, 645 00:33:39,800 --> 00:33:43,160 Speaker 1: their main opposition, the political rival the president while at 646 00:33:43,160 --> 00:33:45,800 Speaker 1: the same time interfering with the prosecution of his own son. 647 00:33:47,480 --> 00:33:48,560 Speaker 2: Now, where does this go. 648 00:33:49,560 --> 00:33:52,959 Speaker 1: Well. In the end, this crackdown is a cultural reaction 649 00:33:53,000 --> 00:33:56,160 Speaker 1: from the professional managerial class, and it's the institutions that 650 00:33:56,200 --> 00:33:57,440 Speaker 1: they control that's it. 651 00:33:57,880 --> 00:34:00,160 Speaker 2: In their view, the professional elites. 652 00:34:01,600 --> 00:34:04,600 Speaker 1: View the ordinary people, the working class people, as a 653 00:34:04,760 --> 00:34:09,520 Speaker 1: completely different class of people. They see them as a threat. Again, 654 00:34:09,560 --> 00:34:12,120 Speaker 1: you should not, you me, We the people should not 655 00:34:12,280 --> 00:34:14,960 Speaker 1: have this powerful weapon of the internet in our hands. 656 00:34:15,640 --> 00:34:15,920 Speaker 2: Now. 657 00:34:15,960 --> 00:34:19,320 Speaker 1: Again, the combination of these two things make it very dangerous. 658 00:34:19,320 --> 00:34:21,719 Speaker 1: So right now there's one hundred and thirty countries we're 659 00:34:21,760 --> 00:34:27,040 Speaker 1: exploring CBDCs, ninety percent of the population. At the same time, 660 00:34:27,560 --> 00:34:31,560 Speaker 1: the World Health Organization the WHO is adopting e USE 661 00:34:31,680 --> 00:34:35,319 Speaker 1: Digital certification system for its Global Health Certificate. The g 662 00:34:35,520 --> 00:34:39,839 Speaker 1: twenty agreed to put in a Global Health Certificate Use 663 00:34:40,239 --> 00:34:45,640 Speaker 1: and Use USAID to promote digital ID systems. Okay, several 664 00:34:45,800 --> 00:34:49,320 Speaker 1: US states, including California, Arizona, Louisiana, and Maryland are making 665 00:34:49,440 --> 00:34:54,919 Speaker 1: plans for state digital IDs. This is not some French thing. 666 00:34:54,960 --> 00:34:57,560 Speaker 1: This is what's happening with a combination. As I said, 667 00:34:57,600 --> 00:35:01,600 Speaker 1: the unholy pairing of cbdc's and digital IDs governments will 668 00:35:01,600 --> 00:35:03,560 Speaker 1: have all the power they need to sevelop every single 669 00:35:03,560 --> 00:35:07,520 Speaker 1: transaction and literally have a button they could push to 670 00:35:07,680 --> 00:35:10,080 Speaker 1: just clamp down on anybody they don't like. 671 00:35:10,680 --> 00:35:12,239 Speaker 2: They don't like what you said, just like in China 672 00:35:12,480 --> 00:35:13,440 Speaker 2: they don't like what you said. 673 00:35:13,360 --> 00:35:15,359 Speaker 1: Hey Russell Bank, we don't like you said online. Hey Mark, 674 00:35:15,440 --> 00:35:17,880 Speaker 1: they probably don't like what I'm saying right now, take 675 00:35:17,920 --> 00:35:23,800 Speaker 1: away your ability to make money. Pulitzer Prize winning journalist 676 00:35:23,840 --> 00:35:26,640 Speaker 1: Glenn Greenwald a left wing journalist. By the way, he said, 677 00:35:26,640 --> 00:35:29,160 Speaker 1: since when do Western political officials have the power to 678 00:35:29,239 --> 00:35:33,320 Speaker 1: impose extra legal punishment on people for alleged crimes they've 679 00:35:33,440 --> 00:35:37,880 Speaker 1: never even been charged with? He said, What gives the 680 00:35:38,000 --> 00:35:40,120 Speaker 1: US and UK officials the right to demand that tech 681 00:35:40,120 --> 00:35:45,120 Speaker 1: companies remove or demonetize speakers? Now the same has to 682 00:35:45,200 --> 00:35:47,399 Speaker 1: go for the banks. How can the banks just take 683 00:35:47,400 --> 00:35:50,759 Speaker 1: people's bank accounts away like doctor Mrcola or Nigel Farage. 684 00:35:50,920 --> 00:35:54,160 Speaker 1: They can just debank people now. Typically banks were not 685 00:35:54,280 --> 00:35:58,600 Speaker 1: allowed to discriminate for racial, religious, sexual identities, but they 686 00:35:58,600 --> 00:36:00,560 Speaker 1: can for ideological reasons. 687 00:36:01,719 --> 00:36:02,640 Speaker 2: If this isn't a wake. 688 00:36:02,560 --> 00:36:05,719 Speaker 1: Up call, I don't know what is the pairing of 689 00:36:05,760 --> 00:36:09,880 Speaker 1: these two things, digital IDs and CBDCs. It's not a 690 00:36:09,920 --> 00:36:12,239 Speaker 1: thing of myth. They're working on it. 691 00:36:12,280 --> 00:36:13,120 Speaker 2: I just read it to you. 692 00:36:13,280 --> 00:36:16,320 Speaker 1: The G twenty agreed on this, and if this comes 693 00:36:16,320 --> 00:36:17,279 Speaker 1: into place. 694 00:36:17,640 --> 00:36:19,760 Speaker 2: It's not going to look good. However, we have an answer. 695 00:36:19,840 --> 00:36:22,640 Speaker 1: We have bitcoin, so we don't have to use CBDCs. 696 00:36:23,080 --> 00:36:26,160 Speaker 1: We have bitcoin. If I didn't have bitcoin in this 697 00:36:26,239 --> 00:36:28,080 Speaker 1: world today, if we didn't have it in this world, 698 00:36:28,160 --> 00:36:30,920 Speaker 1: I would be very scared. But we have a tool 699 00:36:31,080 --> 00:36:33,719 Speaker 1: to win. What we need is to wake each other up. 700 00:36:33,840 --> 00:36:35,680 Speaker 1: As long as we can continue to spread this information 701 00:36:35,719 --> 00:36:38,160 Speaker 1: and let people know, make them aware of what's going on. 702 00:36:38,520 --> 00:36:41,080 Speaker 1: Then as they see this continue to roll in, they 703 00:36:41,120 --> 00:36:43,799 Speaker 1: recognize it. We have the power and the tools that 704 00:36:43,840 --> 00:36:45,600 Speaker 1: we need. What they can really do is take away 705 00:36:45,600 --> 00:36:49,560 Speaker 1: our ability to transact in their financial system. But we 706 00:36:49,600 --> 00:36:51,360 Speaker 1: don't have to use their financial system. We don't have 707 00:36:51,400 --> 00:36:53,719 Speaker 1: to use the CBDCs they have because we have bitcoin 708 00:36:53,880 --> 00:36:55,360 Speaker 1: and we will win. If you're just tuning in, you 709 00:36:55,400 --> 00:36:57,320 Speaker 1: listening to the Mark Mash Show running through some of 710 00:36:57,320 --> 00:36:59,200 Speaker 1: the latest breaking news headlines this week, that's what I 711 00:36:59,239 --> 00:37:02,160 Speaker 1: got for this hour. Hopefully this makes sense and hopefully 712 00:37:02,160 --> 00:37:03,920 Speaker 1: it charges you up to go do something about it. 713 00:37:05,080 --> 00:37:05,640 Speaker 2: That's what I got. 714 00:37:05,719 --> 00:37:07,319 Speaker 1: Let me know what you think about this show today, 715 00:37:07,400 --> 00:37:09,840 Speaker 1: Hit me up in the comments, like and review this podcast. 716 00:37:09,880 --> 00:37:12,160 Speaker 1: Please on your favorite podcast player and I'll talk to 717 00:37:12,200 --> 00:37:12,719 Speaker 1: you next time.