1 00:00:00,400 --> 00:00:03,120 Speaker 1: Hello, and welcome to another episode of The Mark Moss Show, 2 00:00:03,120 --> 00:00:06,600 Speaker 1: where we talk about bitcoin, we talk about cryptocurrencies, we 3 00:00:06,640 --> 00:00:10,639 Speaker 1: talk about the decentralized revolution that the world is going 4 00:00:10,680 --> 00:00:14,840 Speaker 1: through right now. And there is no shortage of signs 5 00:00:14,840 --> 00:00:18,040 Speaker 1: signposts everywhere we look to see that we are transitioning 6 00:00:18,480 --> 00:00:21,919 Speaker 1: into this decentralized revolution that we're in, and so we're 7 00:00:21,960 --> 00:00:24,880 Speaker 1: literally witnessing the world change right before our very eyes. 8 00:00:25,120 --> 00:00:27,680 Speaker 1: Some of these things are a little more subtle and 9 00:00:27,760 --> 00:00:30,400 Speaker 1: some of them are much more apparent, and those are 10 00:00:30,440 --> 00:00:32,479 Speaker 1: some of the things that I want to talk about today. 11 00:00:32,560 --> 00:00:35,720 Speaker 1: We got a big, big, big, big show to talk about. 12 00:00:36,000 --> 00:00:38,840 Speaker 1: Of course, it all comes down to the money, which 13 00:00:38,840 --> 00:00:41,640 Speaker 1: of course bitcoin and cryptocurrencies are leading that revolution. But 14 00:00:41,720 --> 00:00:45,839 Speaker 1: really it's the intersection between politics, finance, and technology. It's 15 00:00:45,880 --> 00:00:49,720 Speaker 1: the convergence of those three things that's the catalyst for 16 00:00:49,760 --> 00:00:52,040 Speaker 1: all the change that we're seeing in the world right now. 17 00:00:52,680 --> 00:00:55,400 Speaker 1: And I think if if if you look, if you 18 00:00:55,400 --> 00:00:57,600 Speaker 1: know what you're looking for, you're paying attention, you can 19 00:00:57,640 --> 00:00:59,600 Speaker 1: see that, Um, it's not just the world that's changing, 20 00:00:59,640 --> 00:01:03,200 Speaker 1: it's it's uh, I mean, that's changing for the better, 21 00:01:03,680 --> 00:01:05,600 Speaker 1: but it's also changing for the worst. It's like this 22 00:01:05,680 --> 00:01:08,720 Speaker 1: is the best of times and this is the worst 23 00:01:08,760 --> 00:01:11,600 Speaker 1: of times at the same time. And so um. On 24 00:01:11,600 --> 00:01:15,680 Speaker 1: one hand, life has never been better, right, Life expectancy 25 00:01:15,840 --> 00:01:18,160 Speaker 1: is up, and we have wealth. I mean, the poorest 26 00:01:18,160 --> 00:01:20,120 Speaker 1: person in the United States today is richer than the 27 00:01:20,200 --> 00:01:22,280 Speaker 1: richest person in the world a hundred years ago. And 28 00:01:22,319 --> 00:01:25,800 Speaker 1: so we have massive wealth, massive prosperity. Things are great. 29 00:01:26,040 --> 00:01:28,240 Speaker 1: We have computer phones in our pocket that can tell 30 00:01:28,319 --> 00:01:31,400 Speaker 1: us anything in the world. We can do zoom and 31 00:01:31,600 --> 00:01:33,920 Speaker 1: chat with anybody from anywhere in the world instantly. We 32 00:01:33,920 --> 00:01:35,800 Speaker 1: can hop on a plane and flying in where we want. 33 00:01:35,840 --> 00:01:38,040 Speaker 1: So things have never been better. But at the same time, 34 00:01:38,520 --> 00:01:42,320 Speaker 1: things are rapidly d evolving. I recently did a talk 35 00:01:42,360 --> 00:01:45,560 Speaker 1: at my live event that just happened. It was the 36 00:01:45,600 --> 00:01:49,040 Speaker 1: first week of April called Market Disruptors Live, where we 37 00:01:49,040 --> 00:01:51,840 Speaker 1: we have a conference. We get together and bring about 38 00:01:51,840 --> 00:01:54,840 Speaker 1: five hundred people together, bring about fifteen different speakers from 39 00:01:54,920 --> 00:01:57,680 Speaker 1: kind of different areas to talk about, um, what's going 40 00:01:57,800 --> 00:02:00,200 Speaker 1: on in the world, and more importantly, how we to 41 00:02:00,280 --> 00:02:03,600 Speaker 1: navigate through that, how we want to survive and thrive 42 00:02:03,760 --> 00:02:06,680 Speaker 1: really as this world changes. And the it was my 43 00:02:06,760 --> 00:02:09,200 Speaker 1: conference I hosted it. I had the speakers there, But 44 00:02:09,240 --> 00:02:11,280 Speaker 1: I also gave a keynote presentation while I was there, 45 00:02:11,320 --> 00:02:13,160 Speaker 1: and the name would actually say the title of my 46 00:02:13,200 --> 00:02:19,080 Speaker 1: presentation was d evolution re evolution, And so, Um, what 47 00:02:19,120 --> 00:02:21,600 Speaker 1: we're seeing is that although things have never been better, 48 00:02:21,680 --> 00:02:24,560 Speaker 1: we're starting to d evil. Things are starting to move 49 00:02:24,600 --> 00:02:28,160 Speaker 1: backwards at a very rapid rate. However, I see that 50 00:02:28,200 --> 00:02:31,920 Speaker 1: there's re evolution that will happen here shortly once we 51 00:02:31,919 --> 00:02:34,120 Speaker 1: get through this transition. I know a lot of times 52 00:02:34,120 --> 00:02:38,080 Speaker 1: people accuse me of being this um doomsdayre because I 53 00:02:38,120 --> 00:02:42,120 Speaker 1: report the news and the news is mostly bad and 54 00:02:42,160 --> 00:02:45,240 Speaker 1: it's and it is bad. However, Um, one of my 55 00:02:45,240 --> 00:02:47,359 Speaker 1: friends who had recently did an interview with Tucker Max, 56 00:02:47,400 --> 00:02:51,480 Speaker 1: he calls it Dumer optimism. So, yes, there's doom in 57 00:02:51,520 --> 00:02:53,840 Speaker 1: front of us and we're witnessing them, but there's massive 58 00:02:53,880 --> 00:02:56,720 Speaker 1: hope and optimism and hope hope of prosperity on the 59 00:02:56,720 --> 00:02:59,519 Speaker 1: other side, which I believe in. But like I said, 60 00:03:00,520 --> 00:03:04,280 Speaker 1: d evolution is here all around us, and and I 61 00:03:04,280 --> 00:03:07,680 Speaker 1: think it's I was explained to somebody in my office 62 00:03:07,720 --> 00:03:12,120 Speaker 1: earlier today, Um, the implications that aren't commonly seen, and 63 00:03:12,200 --> 00:03:14,760 Speaker 1: so what do I mean by that? So we're de evolving. 64 00:03:14,840 --> 00:03:17,320 Speaker 1: We're seeing the money breaking down, which of course bitcoin 65 00:03:17,400 --> 00:03:18,799 Speaker 1: is here to fix, and which is why we say 66 00:03:18,800 --> 00:03:23,800 Speaker 1: bitcoin fixes that. And by that I mean pretty much everything, 67 00:03:24,120 --> 00:03:27,480 Speaker 1: because everything really revolves around the money. So when the 68 00:03:27,520 --> 00:03:31,919 Speaker 1: money supply breaks down, everything breaks down, including society breaks down. 69 00:03:31,960 --> 00:03:33,560 Speaker 1: So I want to take a look at some of that. Um, 70 00:03:33,560 --> 00:03:35,200 Speaker 1: we'll take a look at that. We'll look at some stats. 71 00:03:35,240 --> 00:03:37,480 Speaker 1: I have some numbers I want to show you explaining 72 00:03:37,560 --> 00:03:40,280 Speaker 1: how that's working. And I want to show you how, um, 73 00:03:40,320 --> 00:03:43,240 Speaker 1: it's affecting things that you wouldn't necessarily think of, Like 74 00:03:43,280 --> 00:03:46,640 Speaker 1: I said, inside society. We'll look at some of the 75 00:03:46,920 --> 00:03:51,040 Speaker 1: unfortunate news that's happened this week. Unfortunately, some bad things 76 00:03:51,040 --> 00:03:53,880 Speaker 1: have happened inside the United States, and uh, I believe 77 00:03:53,880 --> 00:03:55,400 Speaker 1: it or not, it could be traced back to society 78 00:03:55,400 --> 00:03:58,160 Speaker 1: breaking down. Society breaking down because of the money. And 79 00:03:58,200 --> 00:04:00,560 Speaker 1: then I want to talk about some statements that have 80 00:04:00,640 --> 00:04:02,440 Speaker 1: come out of the World I MAC Forum. They've been 81 00:04:02,440 --> 00:04:06,360 Speaker 1: meeting this week over in Davos, Switzerland, the Davos man 82 00:04:06,400 --> 00:04:09,200 Speaker 1: as they're called. These are the the the so called 83 00:04:09,240 --> 00:04:13,000 Speaker 1: the self appointed elites UM that fly on their private 84 00:04:13,080 --> 00:04:15,600 Speaker 1: jets and then want to tell us that we need 85 00:04:15,640 --> 00:04:17,720 Speaker 1: to cut back on energy to save the world. When 86 00:04:17,720 --> 00:04:20,279 Speaker 1: they fly on their private jets, I say so called elites. 87 00:04:20,320 --> 00:04:23,080 Speaker 1: They like to call themselves elites. Um, they're not elite. 88 00:04:23,240 --> 00:04:25,839 Speaker 1: I wouldn't hire any of them to work in my business, 89 00:04:25,839 --> 00:04:28,719 Speaker 1: and I doubt either of you would as well. But 90 00:04:28,800 --> 00:04:32,400 Speaker 1: they are, I guess they're pretty elite and and navigating 91 00:04:32,440 --> 00:04:37,480 Speaker 1: through the political landscape and grifting as we can say. Um. So, anyway, 92 00:04:37,680 --> 00:04:39,839 Speaker 1: there's a couple of quotes that I have prepared for 93 00:04:39,880 --> 00:04:41,000 Speaker 1: you that I want to I want to tell you, 94 00:04:41,040 --> 00:04:44,359 Speaker 1: and it is shocking. And when I say shocking, I 95 00:04:44,400 --> 00:04:47,960 Speaker 1: mean that they are saying the quiet part, the quiet 96 00:04:47,960 --> 00:04:49,719 Speaker 1: part meaning the part that is not supposed to be 97 00:04:49,720 --> 00:04:54,479 Speaker 1: spoken of, the part that we've kind of assumed but 98 00:04:54,600 --> 00:04:57,039 Speaker 1: they haven't said. But now they're saying it. And to 99 00:04:57,080 --> 00:05:00,360 Speaker 1: be honest, scares me because it's one thing if they're 100 00:05:00,440 --> 00:05:02,800 Speaker 1: hiding it and lying about it, but when they come 101 00:05:02,800 --> 00:05:04,599 Speaker 1: out and openly say it and trying to sell to 102 00:05:04,680 --> 00:05:08,160 Speaker 1: us as a good thing, it's a problem. Let's just 103 00:05:08,200 --> 00:05:09,600 Speaker 1: say they want you to be poor, and then we're 104 00:05:09,640 --> 00:05:11,360 Speaker 1: gonna take a look at some of the big, big 105 00:05:11,400 --> 00:05:13,120 Speaker 1: things that are going in the States in the United 106 00:05:13,120 --> 00:05:16,600 Speaker 1: States right now and and affecting the world. Um that 107 00:05:16,320 --> 00:05:20,320 Speaker 1: that the world is moving on that again, the signs 108 00:05:20,360 --> 00:05:22,760 Speaker 1: of the money breaking down, society breaking down, and uh, 109 00:05:22,880 --> 00:05:26,440 Speaker 1: it leads to lots of unintended consequences. And we'll discuss 110 00:05:26,600 --> 00:05:29,200 Speaker 1: all of that and more in this big show that 111 00:05:29,240 --> 00:05:31,160 Speaker 1: I have planned for you. You listen to the Mark 112 00:05:31,279 --> 00:05:34,919 Speaker 1: Moa show talking about the intersection of politics, finance, and technology. 113 00:05:34,960 --> 00:05:39,400 Speaker 1: We're talking about bitcoin, cryptocurrencies, and the decentralized revolution. Is 114 00:05:39,400 --> 00:05:41,920 Speaker 1: all three of these things converge. The world is changing, 115 00:05:42,000 --> 00:05:47,440 Speaker 1: So I think it's no surprise that we have massive 116 00:05:47,520 --> 00:05:51,520 Speaker 1: inflation all over the world. Massive inflation. Now, what is inflation? 117 00:05:51,600 --> 00:05:53,520 Speaker 1: I want to kind of break this down this nuance 118 00:05:53,600 --> 00:05:55,400 Speaker 1: for you just a little bit before we dig into this. 119 00:05:55,440 --> 00:05:58,400 Speaker 1: And of course, yes, bitcoin fixes this, so bear with me. 120 00:05:58,480 --> 00:06:02,120 Speaker 1: We'll bring it all back home for you. But inflation, so, um, 121 00:06:02,400 --> 00:06:05,039 Speaker 1: you hear all over the news inflations, you know, forty 122 00:06:05,080 --> 00:06:10,359 Speaker 1: year highs CPI consumer price index prices, prices, prices. In 123 00:06:10,520 --> 00:06:13,640 Speaker 1: my opinion, and not just my opinion, per the Austrian 124 00:06:13,680 --> 00:06:18,719 Speaker 1: school of economics, inflation isn't prices going up. Inflation is 125 00:06:18,839 --> 00:06:23,839 Speaker 1: increasing the money supply. When the money supply increases, then 126 00:06:23,920 --> 00:06:27,200 Speaker 1: it results in prices going up. So prices going up 127 00:06:27,200 --> 00:06:32,520 Speaker 1: are the result of inflation of the monetary supply increasing. Um. 128 00:06:32,560 --> 00:06:36,960 Speaker 1: But for intensive purposes, most people consider inflation prices going up. 129 00:06:36,960 --> 00:06:40,000 Speaker 1: So then you have consumer price inflation that's the price 130 00:06:40,080 --> 00:06:42,919 Speaker 1: of your food, your energy, your cars, things like that. 131 00:06:43,200 --> 00:06:45,839 Speaker 1: And then you have asset price inflation. So assets, I 132 00:06:45,839 --> 00:06:48,719 Speaker 1: don't have to tell you what this are obviously stocks, um, 133 00:06:48,760 --> 00:06:53,160 Speaker 1: real estate, bitcoin, cryptocurrencies, etcetera, and so um economists want 134 00:06:53,160 --> 00:06:55,960 Speaker 1: to break those two things separately. They want to say, well, 135 00:06:56,160 --> 00:06:59,200 Speaker 1: there's asset price inflation, but that's not really uh um, 136 00:06:59,240 --> 00:07:01,880 Speaker 1: that's not really inflation, right. Inflation is consumer price inflation. 137 00:07:01,920 --> 00:07:04,800 Speaker 1: But I think that's um, I'll just call it out. 138 00:07:04,839 --> 00:07:07,600 Speaker 1: I think it's stupid to try to um differentiate that 139 00:07:08,000 --> 00:07:11,360 Speaker 1: because let's say that asset price inflation is homes going up. 140 00:07:11,800 --> 00:07:13,360 Speaker 1: So let let me let me, let me break this down. 141 00:07:13,360 --> 00:07:17,200 Speaker 1: I spoke at a conference in January Rebel Capitalist, my 142 00:07:17,240 --> 00:07:20,120 Speaker 1: good friend George Gammon's conference, and I was there. I 143 00:07:20,120 --> 00:07:22,400 Speaker 1: got to share the stage with Ron Paul, which was amazing. 144 00:07:22,440 --> 00:07:25,360 Speaker 1: He started the in the FED movement I gave a 145 00:07:25,400 --> 00:07:29,160 Speaker 1: talk titled UM in the fed To, kind of as 146 00:07:29,160 --> 00:07:31,200 Speaker 1: a nod to Ron Paul. But I was also there 147 00:07:31,240 --> 00:07:34,480 Speaker 1: with with with a well known economist, somebody that I respect, 148 00:07:34,480 --> 00:07:36,760 Speaker 1: and somebody who's super smart, smarter than he's probably forgot 149 00:07:36,760 --> 00:07:40,600 Speaker 1: more than I'll ever know, Richard Warren, Professor Richard Warner. 150 00:07:41,000 --> 00:07:44,520 Speaker 1: And he is a I mean, he's an academic, he 151 00:07:44,720 --> 00:07:48,400 Speaker 1: is a consultant. He's at one of the most influential 152 00:07:49,520 --> 00:07:52,560 Speaker 1: educated people when it comes to central bank planning, in 153 00:07:52,600 --> 00:07:54,680 Speaker 1: central bank policies and things like that. He gave a 154 00:07:54,720 --> 00:07:57,560 Speaker 1: talk about UM, how banks are centralizing and how we 155 00:07:57,600 --> 00:07:59,600 Speaker 1: need to decentralize the banks. I'm not gonna go deep 156 00:07:59,600 --> 00:08:04,840 Speaker 1: into that UM, but he talked about how in two 157 00:08:04,840 --> 00:08:06,800 Speaker 1: thousand and eight, through the Great Financial Crash and two 158 00:08:06,880 --> 00:08:10,360 Speaker 1: thousand and twenty, how all this money creation happened and 159 00:08:10,400 --> 00:08:18,040 Speaker 1: it didn't cause inflation. And uh, much respect to him, 160 00:08:18,120 --> 00:08:19,960 Speaker 1: Like I said, he's probably forgotten more than I'll ever know. 161 00:08:20,520 --> 00:08:22,440 Speaker 1: But I had to call him out on stage in 162 00:08:22,440 --> 00:08:25,760 Speaker 1: front of everybody, and I'll tell you what he said 163 00:08:25,760 --> 00:08:27,920 Speaker 1: in a second, and he'll be surprised what his response was. 164 00:08:27,960 --> 00:08:30,200 Speaker 1: But it really goes back into what I'm talking about 165 00:08:30,200 --> 00:08:33,760 Speaker 1: this differentiation and how they're really gas lightiness. Now, I 166 00:08:33,760 --> 00:08:35,360 Speaker 1: do want to, like I said, we're gonna talk about 167 00:08:35,360 --> 00:08:39,079 Speaker 1: how this inflation, these prices going up are breaking down society, 168 00:08:39,120 --> 00:08:41,440 Speaker 1: what the societal impacts of that are, and of course 169 00:08:41,440 --> 00:08:45,000 Speaker 1: we'll bring it back to of course, yes, bitcoin fixes 170 00:08:45,080 --> 00:08:47,280 Speaker 1: that now one of the best ways to get bitcoin. 171 00:08:47,360 --> 00:08:48,880 Speaker 1: And a lot of people are asking me right now 172 00:08:49,040 --> 00:08:50,800 Speaker 1: is a time? Is now a good time to get 173 00:08:50,800 --> 00:08:54,959 Speaker 1: into bitcoin? Because bitcoin is down It's about thirty dollars 174 00:08:55,040 --> 00:08:58,400 Speaker 1: right now, which I believe is below the fair market value, 175 00:08:58,400 --> 00:09:00,920 Speaker 1: which we're gonna talk about a little bit later, um, 176 00:09:01,000 --> 00:09:02,160 Speaker 1: And so a lot of people want to know, is 177 00:09:02,200 --> 00:09:04,319 Speaker 1: now the right time to buy? And I would just 178 00:09:04,360 --> 00:09:06,000 Speaker 1: say that, you know, we don't know. I think it's 179 00:09:06,080 --> 00:09:07,920 Speaker 1: below fair market value right now. I think it's a 180 00:09:07,920 --> 00:09:11,120 Speaker 1: great opportunity to buy in that being said, could it 181 00:09:11,200 --> 00:09:13,920 Speaker 1: go down more? Well, it's possible. Right if you listen 182 00:09:13,960 --> 00:09:15,520 Speaker 1: to the Mark Ma Show. I'm gonna be back with 183 00:09:15,559 --> 00:09:18,840 Speaker 1: more in a second, So do not go away, all right, 184 00:09:18,880 --> 00:09:20,840 Speaker 1: welcome back. You are listening to the Mark Ma Show, 185 00:09:20,840 --> 00:09:25,160 Speaker 1: where we discuss the world changing through the three converging 186 00:09:25,160 --> 00:09:28,200 Speaker 1: forces of politics. Finance and technology. Of course that's being 187 00:09:28,400 --> 00:09:32,840 Speaker 1: led by bitcoin and cryptocurrencies. Bitcoin is changing the world 188 00:09:33,040 --> 00:09:36,240 Speaker 1: and it is those things, UM. And we're witnessing what 189 00:09:36,360 --> 00:09:39,800 Speaker 1: I'm calling the decentralized revolution, and today we're talking about 190 00:09:40,000 --> 00:09:44,520 Speaker 1: specifically UM. Yes, bitcoin fixes that, whatever that is, it's everything. 191 00:09:44,559 --> 00:09:47,320 Speaker 1: And so really what we're talking about is how society 192 00:09:47,559 --> 00:09:49,920 Speaker 1: right now is um the best of times and the 193 00:09:49,920 --> 00:09:52,280 Speaker 1: worst of times. It's breaking down in a lot of 194 00:09:52,280 --> 00:09:54,600 Speaker 1: ways that people don't understand. And it's all related back 195 00:09:54,600 --> 00:09:57,000 Speaker 1: to the money. UM. A lot of times, you know, 196 00:09:57,040 --> 00:09:59,120 Speaker 1: people want to know, like how do I secure my 197 00:09:59,200 --> 00:10:01,680 Speaker 1: bitcoin or whatever? What's the price going to be next week? 198 00:10:01,760 --> 00:10:04,560 Speaker 1: I'd like to talk about why, why do we need it? 199 00:10:04,679 --> 00:10:06,520 Speaker 1: Why do we even care? Boo? Can it fix? Right? 200 00:10:06,520 --> 00:10:08,360 Speaker 1: And so that's what we're talking about. So I was 201 00:10:08,400 --> 00:10:11,480 Speaker 1: talking about inflation UM. A lot of times, most people, 202 00:10:11,600 --> 00:10:14,199 Speaker 1: including the news and the mainstream economists, talk about inflation 203 00:10:14,200 --> 00:10:17,760 Speaker 1: being prices going up, UM. But price it's it's inflation 204 00:10:17,800 --> 00:10:19,480 Speaker 1: is really the money supply going up. When the money 205 00:10:19,520 --> 00:10:21,760 Speaker 1: supply goes up, then prices go up. And I was 206 00:10:22,040 --> 00:10:23,760 Speaker 1: on a on this conference. I was telling you before 207 00:10:23,760 --> 00:10:26,680 Speaker 1: the break, I was at this conference with Um, a 208 00:10:26,720 --> 00:10:29,720 Speaker 1: well known global economist, and he said that in two 209 00:10:29,760 --> 00:10:31,880 Speaker 1: thousand and eight, when the central banks created all this money, 210 00:10:32,080 --> 00:10:37,320 Speaker 1: it didn't cause inflation. I said, excuse me, can I 211 00:10:37,320 --> 00:10:39,440 Speaker 1: ask a question? I was on the panel, I said them, 212 00:10:40,280 --> 00:10:43,480 Speaker 1: if it didn't cause inflation, then why is real estate 213 00:10:43,520 --> 00:10:45,280 Speaker 1: at all time eyes? Why stock market all time eyes? 214 00:10:45,280 --> 00:10:46,880 Speaker 1: Why it's bitcoin al time eyes? Why it's gold al 215 00:10:46,880 --> 00:10:48,360 Speaker 1: time eyes? Why is everything at all time eyes? If 216 00:10:48,360 --> 00:10:50,560 Speaker 1: there was no inflation, he said, oh, well, that was 217 00:10:50,679 --> 00:10:54,080 Speaker 1: asset price inflation. There was no consumer price inflation. And 218 00:10:54,120 --> 00:10:56,120 Speaker 1: so what I'm my point is that these economists are 219 00:10:56,160 --> 00:11:00,440 Speaker 1: splitting hairs because look, if I'm if if I'm a 220 00:11:00,440 --> 00:11:04,280 Speaker 1: consumer and I buy a home and that home went 221 00:11:04,360 --> 00:11:08,240 Speaker 1: up in value, isn't that consumer price inflation? And at 222 00:11:08,240 --> 00:11:10,520 Speaker 1: the end of the day, whether it's my stocks going up, 223 00:11:10,520 --> 00:11:12,920 Speaker 1: my home going up, or my steak and milk going up, 224 00:11:13,440 --> 00:11:15,679 Speaker 1: it's all prices going up. To me, it's more expensive 225 00:11:15,679 --> 00:11:17,079 Speaker 1: to buy the stock, it's more expensive by the house, 226 00:11:17,120 --> 00:11:19,000 Speaker 1: is more expensive to buy my food. Whatever does it 227 00:11:19,000 --> 00:11:22,160 Speaker 1: makes kind of kind of ridiculous, and so Um through 228 00:11:22,200 --> 00:11:24,679 Speaker 1: the distortion of the money supply by them creating arbitrarily 229 00:11:24,720 --> 00:11:29,000 Speaker 1: creating more money. It creates inflation, prices going up, right, 230 00:11:29,160 --> 00:11:31,400 Speaker 1: and we know this, we can see that, but but 231 00:11:31,520 --> 00:11:33,720 Speaker 1: a lot of people haven't really thought through what the 232 00:11:33,760 --> 00:11:37,840 Speaker 1: implicate implications of that are. So let me give you 233 00:11:37,880 --> 00:11:42,400 Speaker 1: a couple. So, for example, when prices go up, it 234 00:11:42,440 --> 00:11:44,480 Speaker 1: makes things more expensive. That's a given right, but have 235 00:11:44,559 --> 00:11:46,160 Speaker 1: you thought through what that means? So a lot of 236 00:11:46,160 --> 00:11:50,360 Speaker 1: times people think the value of my home went up, Well, 237 00:11:50,400 --> 00:11:52,760 Speaker 1: it didn't really go up. The value of your dollars 238 00:11:52,760 --> 00:11:54,839 Speaker 1: went down. So it takes more dollars to buy those things. 239 00:11:55,440 --> 00:11:58,720 Speaker 1: Did the value of your used car go up? No, 240 00:11:59,040 --> 00:12:00,720 Speaker 1: it just takes more dollars to buy those things. Did 241 00:12:00,760 --> 00:12:03,120 Speaker 1: the value of your stake go up to the value 242 00:12:03,120 --> 00:12:05,240 Speaker 1: of your milk up? Note, it just takes more dollars 243 00:12:05,280 --> 00:12:08,160 Speaker 1: to buy those things. But what does that mean? So 244 00:12:08,280 --> 00:12:11,600 Speaker 1: I can give you an example. So, for example, in 245 00:12:11,760 --> 00:12:15,760 Speaker 1: um so gold had been money for five thousand years, 246 00:12:15,960 --> 00:12:19,520 Speaker 1: for for basically all of human recent history. Um in 247 00:12:19,640 --> 00:12:23,640 Speaker 1: nineteen seventy one we entered into an experimental phase where 248 00:12:23,640 --> 00:12:26,240 Speaker 1: we got off of gold being money and now we 249 00:12:26,320 --> 00:12:30,000 Speaker 1: have this just fake, arbitrary fiat money system through fifty 250 00:12:30,040 --> 00:12:32,640 Speaker 1: years into this experiment, So um, if we want to 251 00:12:32,640 --> 00:12:35,520 Speaker 1: look at these numbers of what happened since this experiment started, 252 00:12:35,520 --> 00:12:37,240 Speaker 1: we have to go back to nine seventy one or 253 00:12:37,280 --> 00:12:40,520 Speaker 1: nineteen seventies a good measure. So in nineteen seventy it 254 00:12:40,559 --> 00:12:44,280 Speaker 1: would take two point three years of your life to 255 00:12:44,360 --> 00:12:46,319 Speaker 1: save up for the house. For a house an average, 256 00:12:46,360 --> 00:12:48,959 Speaker 1: the average house in the United States today, it takes 257 00:12:49,320 --> 00:12:52,440 Speaker 1: seven years of your life. That's what does that mean? 258 00:12:53,000 --> 00:12:55,280 Speaker 1: Because the central bankers have printed a bunch of money 259 00:12:55,280 --> 00:13:00,160 Speaker 1: to enrich themselves and their buddies, they've literally stolen five 260 00:13:00,360 --> 00:13:04,600 Speaker 1: years of your life. Of your time, that means that 261 00:13:04,600 --> 00:13:07,480 Speaker 1: that's five years that you could have put yourself through college. 262 00:13:07,679 --> 00:13:10,760 Speaker 1: That's five years you could have spent time with your kids, 263 00:13:11,520 --> 00:13:13,920 Speaker 1: making sure your kids grew up in a good family. 264 00:13:14,400 --> 00:13:18,199 Speaker 1: That's five years you could have spent improving yourself your 265 00:13:18,200 --> 00:13:20,320 Speaker 1: own education to make a better life for you and 266 00:13:20,360 --> 00:13:23,079 Speaker 1: your family. That's five years of your life that you 267 00:13:23,120 --> 00:13:26,200 Speaker 1: could have spent relaxing on the beach. But instead now 268 00:13:26,720 --> 00:13:29,199 Speaker 1: you have to spend that working so you can afford 269 00:13:29,240 --> 00:13:31,760 Speaker 1: the average home. Because the central bankers created more money 270 00:13:31,760 --> 00:13:35,560 Speaker 1: so they can enrich themselves. But that's that's easy to 271 00:13:35,640 --> 00:13:38,960 Speaker 1: understand just the inflation in March alone. I kind of 272 00:13:38,960 --> 00:13:41,559 Speaker 1: broke this down in the previous show. Um, just the 273 00:13:41,800 --> 00:13:44,920 Speaker 1: just the inflation inflation we saw in March eight. What 274 00:13:44,960 --> 00:13:47,440 Speaker 1: does that mean? Well, that means that it's about three 275 00:13:48,240 --> 00:13:51,760 Speaker 1: four dollars more expensive for the average person to maintain 276 00:13:52,280 --> 00:13:53,920 Speaker 1: their standard of living. What does that mean? So that 277 00:13:53,960 --> 00:13:55,680 Speaker 1: means to have the exact same standard of living you 278 00:13:55,720 --> 00:14:00,360 Speaker 1: needed the month before, it now costs you. So if 279 00:14:00,400 --> 00:14:04,440 Speaker 1: you make thirty two dollars an hour, that means you 280 00:14:04,520 --> 00:14:07,840 Speaker 1: have to work an extra ten hours in that month 281 00:14:08,640 --> 00:14:10,880 Speaker 1: just to have the exact same lifestyle that you've had before. 282 00:14:11,120 --> 00:14:13,160 Speaker 1: Ten hours in a month at thirty two bucks an hour. 283 00:14:13,320 --> 00:14:15,760 Speaker 1: If you make fifteen bucks an hour, double it and 284 00:14:15,800 --> 00:14:17,600 Speaker 1: you can you can do the math froom there. So 285 00:14:17,720 --> 00:14:20,080 Speaker 1: if you make fifteen bucks an hour, or let's just 286 00:14:20,080 --> 00:14:22,680 Speaker 1: stick with thirty bucks ten ten hours. So now if 287 00:14:22,680 --> 00:14:24,520 Speaker 1: you work ten extra hours, those ten extra hours in 288 00:14:24,520 --> 00:14:27,400 Speaker 1: a month that I could be with my kids playing, 289 00:14:27,880 --> 00:14:30,640 Speaker 1: or I could be at college taking classes, or I 290 00:14:30,640 --> 00:14:33,080 Speaker 1: could be starting a side business, but instead I have 291 00:14:33,200 --> 00:14:35,720 Speaker 1: to work just to have the exact same lifestyle that 292 00:14:35,800 --> 00:14:38,880 Speaker 1: had before. So what does that mean for society? Well, 293 00:14:38,960 --> 00:14:40,840 Speaker 1: a couple of things. So what we can see is 294 00:14:40,880 --> 00:14:45,040 Speaker 1: that society has broken down, and we can see this 295 00:14:45,520 --> 00:14:47,600 Speaker 1: very clearly. And I don't want to get into, uh 296 00:14:47,640 --> 00:14:50,640 Speaker 1: into deep into the weeds on this, but this week 297 00:14:50,720 --> 00:14:55,480 Speaker 1: we had unfortunately, tragic, tragic news um of gun violence 298 00:14:55,520 --> 00:14:58,160 Speaker 1: in Texas. And so there was a shooting at a school, 299 00:14:58,200 --> 00:15:03,080 Speaker 1: which is horrible. Um, it's unthinkable. I'm a father of kids. 300 00:15:03,320 --> 00:15:06,760 Speaker 1: I couldn't imagine that happening at my kids school. Um. 301 00:15:06,800 --> 00:15:10,440 Speaker 1: But why does this happen now? I grew up in Texas, 302 00:15:10,680 --> 00:15:13,680 Speaker 1: um until I was in high school. And when I 303 00:15:13,760 --> 00:15:16,120 Speaker 1: was growing up as a kid in Texas going to school, 304 00:15:16,760 --> 00:15:19,560 Speaker 1: kids would bring guns to school. Like in Texas, you drove, 305 00:15:19,640 --> 00:15:21,720 Speaker 1: you know, you drove around your pickup truck with guns 306 00:15:21,720 --> 00:15:24,000 Speaker 1: in the back window. And they would bring their guns 307 00:15:24,000 --> 00:15:27,560 Speaker 1: to school and after school they'd go hunting. It happened 308 00:15:27,800 --> 00:15:30,760 Speaker 1: all the way through the two thousands, had happened, but 309 00:15:30,800 --> 00:15:33,120 Speaker 1: there was no shootings. So why is there now, Well, 310 00:15:33,160 --> 00:15:35,520 Speaker 1: it's because society is breaking down. Well why is society 311 00:15:35,520 --> 00:15:37,920 Speaker 1: breaking down? Let's go back to the money. Let's go 312 00:15:37,960 --> 00:15:43,720 Speaker 1: back to the inflation. So in nine we saw um 313 00:15:43,920 --> 00:15:48,880 Speaker 1: less um about fort of couples. Families had to have 314 00:15:49,000 --> 00:15:53,280 Speaker 1: both people working to achieve the family dream, the American dream. Today, 315 00:15:53,920 --> 00:15:57,800 Speaker 1: over eight of families have two people working. So what 316 00:15:57,800 --> 00:15:59,640 Speaker 1: does that mean. That means the families are breaking down. 317 00:15:59,680 --> 00:16:01,880 Speaker 1: That means as parents, instead of one parent being home 318 00:16:01,880 --> 00:16:05,920 Speaker 1: with the kids, they're both gone. Who's raising the kids Nobody? 319 00:16:06,120 --> 00:16:10,960 Speaker 1: That's a problem. If we go back to seventy we 320 00:16:11,000 --> 00:16:14,520 Speaker 1: could see that the incarceration rate there was two hundred 321 00:16:14,560 --> 00:16:18,760 Speaker 1: for every one hundred thousand people incarcerated. Today it's over 322 00:16:18,880 --> 00:16:23,920 Speaker 1: a thousand. That's a five hundred percent increase in the 323 00:16:23,920 --> 00:16:26,920 Speaker 1: incarceration rate. What does that mean is that of kids 324 00:16:26,920 --> 00:16:30,600 Speaker 1: growing up with their parents, most mostly their dads, now 325 00:16:30,640 --> 00:16:34,760 Speaker 1: they're in prison. Um. What about the divorce rate? We 326 00:16:34,760 --> 00:16:37,720 Speaker 1: can see the divorce rate has completely skyrocketed, So now 327 00:16:37,760 --> 00:16:39,560 Speaker 1: instead of kids growing up with their parents, they're growing 328 00:16:39,640 --> 00:16:43,000 Speaker 1: up a single family. What about unwed mothers? We can 329 00:16:43,040 --> 00:16:45,600 Speaker 1: see that. Um, in nineteen seventy, there was less than 330 00:16:45,760 --> 00:16:50,600 Speaker 1: five percent of white kids born born and thirty percent 331 00:16:50,680 --> 00:16:53,480 Speaker 1: of black kids. Today, well, actually as of two thousand 332 00:16:53,520 --> 00:16:55,520 Speaker 1: eight is the last year I got the data, that 333 00:16:55,680 --> 00:16:58,440 Speaker 1: the white families went from five to thirty percent and 334 00:16:58,480 --> 00:17:01,520 Speaker 1: the black families went from thirty to eighty per cent 335 00:17:02,280 --> 00:17:06,520 Speaker 1: being born with mothers. So what does that all mean. 336 00:17:06,680 --> 00:17:10,800 Speaker 1: It goes back to a breakdown in society. We have, 337 00:17:10,880 --> 00:17:18,440 Speaker 1: obesity has skyrocketed, and yes, fixing the money can fix this. 338 00:17:19,280 --> 00:17:20,960 Speaker 1: And that's why I want to show these dates and 339 00:17:20,960 --> 00:17:23,040 Speaker 1: show these numbers, because you can see when we went 340 00:17:23,080 --> 00:17:27,639 Speaker 1: into this monetary experiment is when things went off the rails. UM. 341 00:17:27,680 --> 00:17:30,199 Speaker 1: I'm wanna, I wanna tie this all back together. I 342 00:17:30,240 --> 00:17:32,720 Speaker 1: have a lot more to cover. I want to cover UM, 343 00:17:32,800 --> 00:17:35,399 Speaker 1: what they're saying out loud that they want you to 344 00:17:35,400 --> 00:17:37,160 Speaker 1: be poor, and why they want you to be poor, 345 00:17:37,200 --> 00:17:38,600 Speaker 1: and why you should be okay with it. And then 346 00:17:38,640 --> 00:17:40,199 Speaker 1: I want to bring up bring it back to a 347 00:17:40,240 --> 00:17:42,240 Speaker 1: couple of UM stories that we saw this week that 348 00:17:42,359 --> 00:17:46,359 Speaker 1: illustrate this um and it's pretty shocking for me. I'm 349 00:17:46,400 --> 00:17:47,760 Speaker 1: gonna be back with that and more. You listen to 350 00:17:47,760 --> 00:17:51,040 Speaker 1: the Markma Show talking about politics, finance, and technology, we're 351 00:17:51,040 --> 00:17:54,800 Speaker 1: talking about bitcoin and cryptocurrencies and this decentralized revolution that 352 00:17:54,840 --> 00:17:57,080 Speaker 1: we're witnessing. We're talking about it in the lens of 353 00:17:57,240 --> 00:18:01,480 Speaker 1: current issues, so we can demonstrate how things can be fixed. 354 00:18:01,920 --> 00:18:03,400 Speaker 1: Back with that and more, in a minute, So don't 355 00:18:03,400 --> 00:18:05,679 Speaker 1: go away, all right, Welcome back. You are listening to 356 00:18:05,760 --> 00:18:08,760 Speaker 1: the Markmas Show. We're talking about politics, technology, we're talking 357 00:18:08,760 --> 00:18:11,639 Speaker 1: about finance, we're talking about money, and really what are 358 00:18:11,640 --> 00:18:14,400 Speaker 1: we talking about. We're talking about bitcoin. We're talking about cryptocurrencies, 359 00:18:14,400 --> 00:18:17,080 Speaker 1: and we are talking about the decentralized revolution that we're 360 00:18:17,200 --> 00:18:19,520 Speaker 1: living through, that we're witnessing. And that's why the world 361 00:18:19,520 --> 00:18:23,320 Speaker 1: seems like it's all changing, because it is. We're seeing 362 00:18:23,359 --> 00:18:26,520 Speaker 1: the last dying grasps of the old system trying to 363 00:18:26,640 --> 00:18:30,120 Speaker 1: hold on to power as the new system is emerging. Now. 364 00:18:30,400 --> 00:18:33,199 Speaker 1: I've been talking about how when we say in bitcoin, 365 00:18:33,240 --> 00:18:36,240 Speaker 1: bitcoin fixes that, which means everything, and we say everything 366 00:18:36,280 --> 00:18:39,480 Speaker 1: because pretty much every problem can be traced back to 367 00:18:39,520 --> 00:18:41,840 Speaker 1: the money. I'd like to think of it like, um, 368 00:18:41,880 --> 00:18:44,200 Speaker 1: if you saw this giant oak tree, and this oak 369 00:18:44,200 --> 00:18:46,960 Speaker 1: tree had i don't know, call it ten thousand leaves, 370 00:18:47,000 --> 00:18:49,760 Speaker 1: and every leave on that tree was a problem that 371 00:18:49,840 --> 00:18:52,520 Speaker 1: we had, and we could sit there and pick one 372 00:18:52,600 --> 00:18:54,679 Speaker 1: leave at a time and discuss each problem and what 373 00:18:54,720 --> 00:18:57,160 Speaker 1: about this problem, what about this problem, more about this problem. 374 00:18:57,200 --> 00:18:59,800 Speaker 1: But at the if we chase those leaves, they go 375 00:18:59,840 --> 00:19:01,600 Speaker 1: back two branches and those branches go back to a trunk, 376 00:19:01,640 --> 00:19:04,920 Speaker 1: and at the base is the root. That's the root, cause, 377 00:19:04,960 --> 00:19:07,200 Speaker 1: that's the root of the problem. What sits there at 378 00:19:07,200 --> 00:19:11,200 Speaker 1: that route is the money. It's the money printer. It's 379 00:19:11,240 --> 00:19:15,119 Speaker 1: the ability for the Federal Reserve to print money, distorting 380 00:19:15,160 --> 00:19:19,560 Speaker 1: the markets, stealing your life, and causing all types of distortions. 381 00:19:19,600 --> 00:19:21,560 Speaker 1: So um, I kind of broke down some stats of 382 00:19:21,560 --> 00:19:26,480 Speaker 1: how it's breaking down society with dual incomes, working incarceration rate, high, 383 00:19:26,480 --> 00:19:31,120 Speaker 1: divorce rate high on when mother's high, obesity, health problems. 384 00:19:31,280 --> 00:19:35,080 Speaker 1: So why why obesity hasn't gone off the complete rails. 385 00:19:36,240 --> 00:19:37,919 Speaker 1: If you go back and look at pictures of like 386 00:19:38,000 --> 00:19:41,120 Speaker 1: people at the beach or walking around and shopping centers 387 00:19:41,200 --> 00:19:44,720 Speaker 1: in pre seventies, everybody was fit, everybody looked good. Why 388 00:19:44,800 --> 00:19:47,320 Speaker 1: is obesity gone so high? Well because of the money. 389 00:19:47,400 --> 00:19:50,000 Speaker 1: What do you mean because of the money. Well, because 390 00:19:50,520 --> 00:19:53,040 Speaker 1: of everything getting more expensive. They've they've tried to get 391 00:19:53,080 --> 00:19:56,080 Speaker 1: our food cheaper and cheaper and cheaper to offset that. 392 00:19:56,480 --> 00:20:00,600 Speaker 1: And so now instead of eating good quality food like steak, 393 00:20:00,960 --> 00:20:03,959 Speaker 1: like milk, like whole bread, things like that, instead we're 394 00:20:03,960 --> 00:20:06,480 Speaker 1: eating stuff out of a box, reading processed food, reading 395 00:20:06,560 --> 00:20:09,439 Speaker 1: fast food, and so the food system. Well, one of 396 00:20:09,440 --> 00:20:11,920 Speaker 1: my favorite economists, a Safety and a Moose. He wrote 397 00:20:11,960 --> 00:20:13,760 Speaker 1: the book The Bitcoin Standard and now the new book 398 00:20:13,760 --> 00:20:18,439 Speaker 1: The Fiat Standard. He says, Fiat money, fake money, Fiat food, 399 00:20:18,720 --> 00:20:21,359 Speaker 1: fake food. And so what we've seen is a breakdown 400 00:20:21,359 --> 00:20:25,080 Speaker 1: in our food system in order to keep prices low 401 00:20:25,760 --> 00:20:28,840 Speaker 1: to offset this inflation that we've seen, and all that's 402 00:20:28,880 --> 00:20:32,920 Speaker 1: done is caused massive health problems. Now, Um, the way 403 00:20:32,960 --> 00:20:35,120 Speaker 1: that things work is that if I wanted to solve 404 00:20:35,160 --> 00:20:37,720 Speaker 1: the problem is I would want first identify a problem, 405 00:20:38,080 --> 00:20:40,280 Speaker 1: and then two I would look at what went wrong, 406 00:20:40,560 --> 00:20:43,600 Speaker 1: and then I would try to fix that. Right, So, um, 407 00:20:43,680 --> 00:20:46,560 Speaker 1: if I crashed my car, I would say, well, what happened? Well, 408 00:20:46,800 --> 00:20:49,680 Speaker 1: you were distracted looking at your phone. Um, okay, well 409 00:20:49,720 --> 00:20:52,720 Speaker 1: how could we fix that because you've driven, you've driven fine, 410 00:20:53,200 --> 00:20:54,760 Speaker 1: you know, all these years, and then you crashed your 411 00:20:54,760 --> 00:20:56,199 Speaker 1: car while you were looking at your phone. Okay, well 412 00:20:56,200 --> 00:20:57,800 Speaker 1: then the problem is the phone. Let's not look at 413 00:20:57,800 --> 00:21:01,120 Speaker 1: that phone anymore. Right, that'd be one way to do that. Um, 414 00:21:01,200 --> 00:21:04,040 Speaker 1: you want to look at what went wrong, and so 415 00:21:04,200 --> 00:21:06,280 Speaker 1: you wouldn't just say well, let's just not drive anymore. 416 00:21:06,560 --> 00:21:08,879 Speaker 1: Like that's probably not an answer, let's just take away cars, 417 00:21:09,160 --> 00:21:11,640 Speaker 1: And that's not really an answer. Um, why don't we say, 418 00:21:11,800 --> 00:21:14,280 Speaker 1: let's just go back and see what went wrong? And 419 00:21:14,320 --> 00:21:17,920 Speaker 1: so you're looking for bright spots and so what has 420 00:21:18,000 --> 00:21:21,600 Speaker 1: gone wrong in society? Where did we go off the rails? Well, 421 00:21:21,640 --> 00:21:25,120 Speaker 1: it all traces back to one when we came off 422 00:21:25,160 --> 00:21:29,159 Speaker 1: the gold standard. And again, I know it's a sensitive 423 00:21:29,160 --> 00:21:30,680 Speaker 1: subject and I don't want to dig in too deep 424 00:21:30,680 --> 00:21:32,720 Speaker 1: into it, but I just want to illustrate how the 425 00:21:32,800 --> 00:21:37,800 Speaker 1: money problem the I want to illustrate the damage that 426 00:21:37,920 --> 00:21:41,600 Speaker 1: the money, this fake monetary experiment has caused because people 427 00:21:41,640 --> 00:21:44,880 Speaker 1: just don't realize this. And so, you know, unfortunately back 428 00:21:44,920 --> 00:21:47,720 Speaker 1: to you know this the school incident, this match shooting 429 00:21:47,760 --> 00:21:50,520 Speaker 1: that happened this this week, which is historically and it's 430 00:21:50,520 --> 00:21:55,520 Speaker 1: just tragic. Um. But why is it there was only Um? 431 00:21:55,560 --> 00:21:58,160 Speaker 1: Why why is it that there was no school shootings 432 00:21:58,240 --> 00:22:03,000 Speaker 1: before like three So if we go back and study 433 00:22:03,040 --> 00:22:07,840 Speaker 1: history from eighteen hundred to nineteen sixty, there was basically 434 00:22:07,960 --> 00:22:12,160 Speaker 1: no school shootings. There was a cup three instances where 435 00:22:12,240 --> 00:22:14,960 Speaker 1: one person just killed another person. But why is it 436 00:22:15,040 --> 00:22:17,480 Speaker 1: that there was nothing for those hundred and sixty years? 437 00:22:18,040 --> 00:22:20,800 Speaker 1: And why is that there was no really shootings with 438 00:22:20,840 --> 00:22:24,480 Speaker 1: any frequency until nineteen three. What what happened? It looks 439 00:22:24,520 --> 00:22:29,040 Speaker 1: like kids born after nineteen seventy five is where the 440 00:22:29,040 --> 00:22:31,160 Speaker 1: problems really started, and it got really worse for kids 441 00:22:31,240 --> 00:22:35,840 Speaker 1: born at from after. So what was it? What changed? 442 00:22:35,880 --> 00:22:37,159 Speaker 1: Like I said, when I was a kid growing up 443 00:22:37,200 --> 00:22:40,119 Speaker 1: in Texas, people drove to school with their guns. They 444 00:22:40,160 --> 00:22:43,120 Speaker 1: were there. It wasn't a problem. So if we look 445 00:22:43,160 --> 00:22:46,600 Speaker 1: at shootings defined us three or more people, we can 446 00:22:46,600 --> 00:22:49,240 Speaker 1: just see how rare, rare it was. Um Like I said, 447 00:22:49,440 --> 00:22:52,080 Speaker 1: previous you know, the seventies, we didn't see that at all, 448 00:22:52,119 --> 00:22:54,760 Speaker 1: but now it seems to be happening all the time. 449 00:22:54,840 --> 00:22:57,200 Speaker 1: So then we'd want to go, well, what changed? Because 450 00:22:57,320 --> 00:22:59,280 Speaker 1: people always took guns to school? But what has changed 451 00:22:59,320 --> 00:23:01,399 Speaker 1: since then? As matter fact, we can see how bad 452 00:23:01,480 --> 00:23:05,399 Speaker 1: this has become. We can see that in seventeen there 453 00:23:05,480 --> 00:23:12,080 Speaker 1: was thirty one sixty, so that's pretty bad. We've gone 454 00:23:12,080 --> 00:23:16,239 Speaker 1: from thirty, thirty, thirty forty and now sixty so one 455 00:23:16,480 --> 00:23:18,639 Speaker 1: has doubled the numbers when we were pretty flat at 456 00:23:19,280 --> 00:23:24,000 Speaker 1: eighteen and nineteen. So what's happened since then? Well, we 457 00:23:24,040 --> 00:23:25,560 Speaker 1: can look at a lot of things, So we can 458 00:23:25,600 --> 00:23:29,879 Speaker 1: look at again back to the health problem. So because 459 00:23:30,640 --> 00:23:34,680 Speaker 1: our food is so bad, we're basically sitting our kids 460 00:23:34,720 --> 00:23:38,840 Speaker 1: down in the morning, feeding them bowls of sugar, and 461 00:23:38,880 --> 00:23:40,960 Speaker 1: then we're sending to school to make them sit there. 462 00:23:41,680 --> 00:23:45,360 Speaker 1: And then then those kids are restless. And because those 463 00:23:45,440 --> 00:23:47,679 Speaker 1: kids are restless, and they get diagnosed and they get 464 00:23:47,720 --> 00:23:50,399 Speaker 1: put on riddling, they get put on adderall. And so 465 00:23:50,440 --> 00:23:53,840 Speaker 1: now we're addicting kids to drugs from the time their 466 00:23:53,880 --> 00:23:56,720 Speaker 1: little kids and they're growing up like that we've come 467 00:23:57,440 --> 00:23:59,080 Speaker 1: and and that's just only the start of it. So 468 00:23:59,240 --> 00:24:02,480 Speaker 1: these these drugs that kids are taking these days have 469 00:24:02,560 --> 00:24:05,639 Speaker 1: become a big problem. And I'm not gonna dig super 470 00:24:05,760 --> 00:24:07,720 Speaker 1: super deep into the science behind that, but it just 471 00:24:07,760 --> 00:24:09,639 Speaker 1: go look at the data that shows what happens to 472 00:24:09,680 --> 00:24:11,359 Speaker 1: people when they take these types of drugs for a 473 00:24:11,359 --> 00:24:14,520 Speaker 1: long period of time. What else, Well, we've broken down 474 00:24:15,000 --> 00:24:19,119 Speaker 1: um all relation to truth. So today you can be 475 00:24:19,160 --> 00:24:22,840 Speaker 1: anything you want. You can be um whatever sex, So 476 00:24:22,880 --> 00:24:25,119 Speaker 1: there's no such thing as sex is anymore. Um, you 477 00:24:25,119 --> 00:24:26,680 Speaker 1: can be whatever you want. There's no such thing as 478 00:24:26,760 --> 00:24:30,159 Speaker 1: truth too. Plus two isn't four anymore, math is racist, etcetera. 479 00:24:30,480 --> 00:24:33,160 Speaker 1: And so now people have lost an anchor they don't 480 00:24:33,160 --> 00:24:34,480 Speaker 1: know where to turn, they don't have they don't have 481 00:24:34,520 --> 00:24:37,680 Speaker 1: families anymore. They're eating a bunch of they're being poisoned 482 00:24:37,680 --> 00:24:40,760 Speaker 1: by their food, they're taking all types of drugs. I mean, 483 00:24:40,800 --> 00:24:43,119 Speaker 1: then you add in really into the nineties where you 484 00:24:43,359 --> 00:24:45,960 Speaker 1: really the music and the movies really started to turn. 485 00:24:46,320 --> 00:24:48,560 Speaker 1: You've got violence in video games, and it's not just 486 00:24:48,720 --> 00:24:52,440 Speaker 1: one thing, it's all these things. We can see pulled 487 00:24:52,480 --> 00:24:56,560 Speaker 1: up this chart from that the United States is leading 488 00:24:56,640 --> 00:25:04,640 Speaker 1: the world in substance abuse, leading the world. Now, uh, 489 00:25:04,680 --> 00:25:07,600 Speaker 1: you know, there's also an increase in bullying, at least 490 00:25:07,640 --> 00:25:10,760 Speaker 1: in reported bullying. But why is there. Why is that? Well, 491 00:25:10,880 --> 00:25:13,840 Speaker 1: I would imagine kids growing up without fathers or families 492 00:25:13,840 --> 00:25:15,880 Speaker 1: for that matter, probably have low self esteem, so they're 493 00:25:15,880 --> 00:25:18,399 Speaker 1: more susceptible to it. And then people lowest self esteem 494 00:25:18,440 --> 00:25:21,120 Speaker 1: also want to lash out and maybe bullying. Right, So 495 00:25:21,160 --> 00:25:24,359 Speaker 1: all these problems all boil back down to this. But 496 00:25:24,600 --> 00:25:27,680 Speaker 1: s SR eyes riddled in lack of community socialization, lack 497 00:25:27,720 --> 00:25:30,760 Speaker 1: of church purpose for young men, you know, no purpose 498 00:25:30,760 --> 00:25:35,480 Speaker 1: for young men, family breakdown, social media isolation over the 499 00:25:35,560 --> 00:25:39,080 Speaker 1: last two years, lack of social institutions, you know, future looking, 500 00:25:39,119 --> 00:25:41,919 Speaker 1: bleak prices are so high. People can't even you know, 501 00:25:42,040 --> 00:25:44,240 Speaker 1: kids future looks bleak. They don't know how they're gonna 502 00:25:44,240 --> 00:25:46,360 Speaker 1: be able to afford a home. Things like that, And 503 00:25:46,440 --> 00:25:50,479 Speaker 1: what do you think happens? What do you think happens? 504 00:25:51,000 --> 00:25:53,600 Speaker 1: And so we we can go back and try to 505 00:25:53,600 --> 00:25:56,680 Speaker 1: look at every single symptom, but we need to get 506 00:25:56,720 --> 00:25:59,440 Speaker 1: to the root of the cause. So we could certainly 507 00:25:59,520 --> 00:26:01,640 Speaker 1: just you know, if we had a magic wand, which 508 00:26:01,640 --> 00:26:03,360 Speaker 1: we don't, but imagine if we had a magic wand 509 00:26:03,359 --> 00:26:06,600 Speaker 1: and we could just magically make um guns illegal and 510 00:26:06,600 --> 00:26:09,280 Speaker 1: just get rid of them. In the United States. Well, okay, 511 00:26:09,400 --> 00:26:12,400 Speaker 1: that's fine, but like in Mexico, they're illegal. But yet 512 00:26:12,440 --> 00:26:15,480 Speaker 1: you still have mass shootings everywhere. Um, so that's one problem. 513 00:26:15,480 --> 00:26:18,440 Speaker 1: Second of all, Um, it's not what's in a man's heart, 514 00:26:18,720 --> 00:26:20,640 Speaker 1: I'm sorry, in a hand, it's what's in his heart. 515 00:26:20,720 --> 00:26:23,960 Speaker 1: So they could easily drive a car through a crowd. Um. 516 00:26:24,080 --> 00:26:26,919 Speaker 1: You can see across the world there's mass stabbing incidents. 517 00:26:26,960 --> 00:26:28,080 Speaker 1: As a matter of fact, there was a big one 518 00:26:28,119 --> 00:26:29,680 Speaker 1: I was looking at this morning where over thirty people 519 00:26:29,680 --> 00:26:32,000 Speaker 1: died in a stabbing accident. Um, you could walk in 520 00:26:32,040 --> 00:26:33,720 Speaker 1: a in a crowd of room with them with a 521 00:26:33,720 --> 00:26:35,679 Speaker 1: molotov cocktail. You can go to the hardware store and 522 00:26:35,680 --> 00:26:37,440 Speaker 1: make good stuff to make pipe bombs. And so we 523 00:26:37,480 --> 00:26:39,040 Speaker 1: need to get back to the problem. The root of 524 00:26:39,080 --> 00:26:40,560 Speaker 1: the problem, and the root of the problem is the 525 00:26:40,760 --> 00:26:44,919 Speaker 1: money supply. It's creating all these distortions in the market 526 00:26:45,440 --> 00:26:49,840 Speaker 1: and it's just the pharmaceutical companies, et cetera. So anyway, 527 00:26:49,880 --> 00:26:52,560 Speaker 1: hopefully that makes a case. And so bitcoin takes away 528 00:26:52,600 --> 00:26:56,440 Speaker 1: their ability to print unlimited amounts of money. It fixes 529 00:26:56,800 --> 00:27:01,560 Speaker 1: that problem. Um, and there's even bigger problems. So jumping 530 00:27:01,600 --> 00:27:03,600 Speaker 1: out of that subject and into the bigger ones, which 531 00:27:03,640 --> 00:27:06,520 Speaker 1: is like I said, what these elite people at Davos 532 00:27:06,560 --> 00:27:09,600 Speaker 1: are saying this week, saying the quiet part out loud 533 00:27:09,880 --> 00:27:13,720 Speaker 1: and wait until you hear what they are saying, because 534 00:27:13,720 --> 00:27:16,560 Speaker 1: it's insane. And yes, bitcoin will fix that as well. 535 00:27:16,800 --> 00:27:19,160 Speaker 1: I'm gonnae be back with that and more in a minute. 536 00:27:19,160 --> 00:27:21,920 Speaker 1: You're listening to the Mark mo Show talking about bitcoin 537 00:27:21,960 --> 00:27:25,840 Speaker 1: and cryptocurrencies and the decentralized revolution, talking about the intersection 538 00:27:25,840 --> 00:27:30,480 Speaker 1: of politics, technology and finance, so we can understand what's 539 00:27:30,480 --> 00:27:33,280 Speaker 1: going on in the world, um, where it's going, and 540 00:27:33,320 --> 00:27:35,520 Speaker 1: how we can survive that. So'll be back with that 541 00:27:35,600 --> 00:27:38,679 Speaker 1: and more in a minute. Don't go away, all right, 542 00:27:38,720 --> 00:27:40,560 Speaker 1: welcome back. You are listening to the Mark mo Show, 543 00:27:40,560 --> 00:27:43,480 Speaker 1: and we're talking about we talked about each and every week. 544 00:27:43,480 --> 00:27:47,240 Speaker 1: Which is the decentralized revolution, which is bitcoin, which is cryptocurrencies, 545 00:27:47,280 --> 00:27:51,040 Speaker 1: which is the intersection that I like to focus on, politics, technology, 546 00:27:51,200 --> 00:27:53,879 Speaker 1: and finance. You have to look at all three of 547 00:27:53,920 --> 00:27:56,160 Speaker 1: them to bring context to what's going on in the world. 548 00:27:56,160 --> 00:27:58,320 Speaker 1: And I know a lot of times we're looking at 549 00:27:58,359 --> 00:28:01,359 Speaker 1: surface level issues and we don't take the time to 550 00:28:01,520 --> 00:28:05,520 Speaker 1: really think this through, to really chase it back down 551 00:28:05,560 --> 00:28:10,000 Speaker 1: to the root cause of the problem. But if we 552 00:28:10,040 --> 00:28:12,200 Speaker 1: want to be successful, if we want to really fix things, 553 00:28:12,200 --> 00:28:14,440 Speaker 1: that we have to do and and unfortunately, our society 554 00:28:14,480 --> 00:28:17,760 Speaker 1: has gotten into this short term mentality where we want 555 00:28:17,760 --> 00:28:23,879 Speaker 1: to treat symptoms instead of cure things. And unfortunately, um 556 00:28:24,000 --> 00:28:26,560 Speaker 1: there's no easy fix, and everybody wants to easy fix 557 00:28:26,600 --> 00:28:29,560 Speaker 1: and that's just a problem. But UM, I was explaining 558 00:28:29,640 --> 00:28:33,960 Speaker 1: how society is breaking down because it's the money breaking down. 559 00:28:34,040 --> 00:28:36,200 Speaker 1: Hopefully that made sense to you. And now I want 560 00:28:36,200 --> 00:28:37,920 Speaker 1: to talk about some of the things this week we've 561 00:28:37,920 --> 00:28:42,080 Speaker 1: seen that the World Economic Forum they've been meeting and uh, 562 00:28:42,320 --> 00:28:45,120 Speaker 1: things have been getting bad. When when I say things 563 00:28:45,120 --> 00:28:46,400 Speaker 1: have been getting bad, I mean I talked about the 564 00:28:46,400 --> 00:28:49,080 Speaker 1: societal problems. I talked about the inflation problems, prices getting 565 00:28:49,120 --> 00:28:51,480 Speaker 1: so high. Um, But we're at a point now where 566 00:28:51,560 --> 00:28:54,240 Speaker 1: it's beyond prices just getting high. So throughout Europe and 567 00:28:54,240 --> 00:28:56,920 Speaker 1: the United States, we're seeing, um, the price of energy 568 00:28:57,080 --> 00:29:00,320 Speaker 1: going up, so gas, natural gas of course led by 569 00:29:00,400 --> 00:29:03,120 Speaker 1: oil et cetera, which then leads to lots of other problems. 570 00:29:03,120 --> 00:29:05,640 Speaker 1: So natural gas goes so high that now they can't 571 00:29:05,640 --> 00:29:08,360 Speaker 1: make fertilizer. When they can't make fertilizer, guess what, they 572 00:29:08,400 --> 00:29:11,920 Speaker 1: can't make food. I mean, we're literally at that point. 573 00:29:12,720 --> 00:29:17,440 Speaker 1: And the thing that's just crazy crazy for me, I mean, 574 00:29:17,480 --> 00:29:20,400 Speaker 1: it's it's it's it's actually very scary for me. Is 575 00:29:20,440 --> 00:29:24,920 Speaker 1: the transition that our leaders have gone through. So we 576 00:29:24,960 --> 00:29:27,080 Speaker 1: went from a year ago, year and a half ago 577 00:29:27,160 --> 00:29:31,560 Speaker 1: that it's not a problem, inflation, prices, energy is not 578 00:29:31,640 --> 00:29:34,120 Speaker 1: a problem. You think it's a problem, but it's not. 579 00:29:34,120 --> 00:29:36,960 Speaker 1: Don't worry about it. Then it went to well, you know, 580 00:29:37,040 --> 00:29:39,400 Speaker 1: it's transitory, it's here, but don't worry about it's gonna 581 00:29:39,440 --> 00:29:43,440 Speaker 1: we're gonna fix it really soon. Two then it went like, well, actually, 582 00:29:43,520 --> 00:29:45,360 Speaker 1: it's kind of a problem. We should do something about it. 583 00:29:47,080 --> 00:29:50,280 Speaker 1: And now now is the part where I'm really scared, 584 00:29:50,600 --> 00:29:54,480 Speaker 1: because now what they're saying is that this is the plan, 585 00:29:55,720 --> 00:29:59,840 Speaker 1: this is the goal. We want you to be poorer 586 00:30:00,720 --> 00:30:04,360 Speaker 1: and you should be okay with it. That's what they're saying. 587 00:30:04,680 --> 00:30:06,280 Speaker 1: So what do I mean by that. Well, let's let's 588 00:30:06,280 --> 00:30:09,040 Speaker 1: talk about this for a second. So, um, in the 589 00:30:09,120 --> 00:30:11,959 Speaker 1: United States. Well, okay, so globally we have a massive 590 00:30:11,960 --> 00:30:14,400 Speaker 1: food problem, like a massive food problem. As a matter 591 00:30:14,400 --> 00:30:17,520 Speaker 1: of fact, the in the UK they said this week 592 00:30:17,560 --> 00:30:21,480 Speaker 1: that they expected to be catastrophic. The UN is projecting 593 00:30:22,280 --> 00:30:24,880 Speaker 1: hundreds of millions of people to starve to death. I mean, 594 00:30:24,880 --> 00:30:27,479 Speaker 1: this is a this is this is a catastrophic problem 595 00:30:27,520 --> 00:30:29,960 Speaker 1: that we're having right now. I don't think it's gonna 596 00:30:29,960 --> 00:30:31,400 Speaker 1: be a big problem in the United States as far 597 00:30:31,440 --> 00:30:33,960 Speaker 1: as like people starving to death, but it's certainly big 598 00:30:33,960 --> 00:30:35,800 Speaker 1: in other parts of the world. I think a lot 599 00:30:35,840 --> 00:30:37,760 Speaker 1: of people just have this US centric viewpoint, but you 600 00:30:37,800 --> 00:30:40,240 Speaker 1: really need to look at the world. Um, and that's 601 00:30:40,240 --> 00:30:42,040 Speaker 1: a big problem. But in the United States, so the 602 00:30:42,040 --> 00:30:44,120 Speaker 1: rest of Ukraine war is taken about thirty of the 603 00:30:44,120 --> 00:30:47,200 Speaker 1: wheat out of the global um supply. But even the 604 00:30:47,280 --> 00:30:49,560 Speaker 1: United States, we're having one of the wheat the worst 605 00:30:50,040 --> 00:30:55,840 Speaker 1: wheat crop of in in history. Now, what you may 606 00:30:55,880 --> 00:30:57,680 Speaker 1: not know is that the government, again because of the 607 00:30:57,680 --> 00:30:59,560 Speaker 1: money problem, the government prints a bunch of money and 608 00:30:59,560 --> 00:31:01,640 Speaker 1: does a bunch of stupid stuff with it, like paying 609 00:31:01,760 --> 00:31:05,360 Speaker 1: farmers not to grow food. Imagine that, So they literally 610 00:31:05,400 --> 00:31:08,160 Speaker 1: pay farmers to leave parts of their land open so 611 00:31:08,200 --> 00:31:10,880 Speaker 1: they don't plant it. Now at a time when we're 612 00:31:10,960 --> 00:31:13,720 Speaker 1: running into a global food supply and even a food 613 00:31:13,720 --> 00:31:15,960 Speaker 1: supply problem in the United States, wouldn't you think that 614 00:31:16,000 --> 00:31:17,680 Speaker 1: we'd want to grow all the food that we can. Well, 615 00:31:17,800 --> 00:31:20,680 Speaker 1: the farmers certainly think so. And the farmers went and 616 00:31:20,680 --> 00:31:26,120 Speaker 1: lobbied the Secretary of Agriculture, Tom vill Sack, and they said, hey, Tom, Tom, look, 617 00:31:27,000 --> 00:31:28,480 Speaker 1: I know we're not planting on this this part of 618 00:31:28,480 --> 00:31:31,240 Speaker 1: our land, but like maybe we could and maybe we should. 619 00:31:31,280 --> 00:31:33,280 Speaker 1: We could help out, like we need the food, right 620 00:31:34,360 --> 00:31:38,959 Speaker 1: so Tom will Sack Um he refused. He refused their request, 621 00:31:39,040 --> 00:31:44,760 Speaker 1: citing quote a detrimental impact on quote efforts to mitigate 622 00:31:45,080 --> 00:31:50,479 Speaker 1: climate change end quote. He said, no, no, don't I know, 623 00:31:50,560 --> 00:31:52,960 Speaker 1: I know people are starving to death. And I know 624 00:31:53,000 --> 00:31:55,160 Speaker 1: we're paying you another planet food, but you're not gonna 625 00:31:55,200 --> 00:31:57,760 Speaker 1: do it because you know the climate. That's what he said. 626 00:31:58,400 --> 00:32:01,959 Speaker 1: He wanted to say, quote our demat our domestic agriculture 627 00:32:02,000 --> 00:32:05,800 Speaker 1: industry plays a critical role in the global effort to 628 00:32:05,840 --> 00:32:10,680 Speaker 1: contain temperature increases under the United States nationally determined Contribution. 629 00:32:11,080 --> 00:32:16,480 Speaker 1: So what does that mean? So um, the agriculture energy 630 00:32:16,520 --> 00:32:19,840 Speaker 1: plays a critical role in to contain temperatures in the 631 00:32:19,880 --> 00:32:22,760 Speaker 1: United States nationally determined contribution. Let me finish the restaurants. 632 00:32:22,760 --> 00:32:25,080 Speaker 1: Hey what that means? Which is at the heart of 633 00:32:25,120 --> 00:32:31,360 Speaker 1: our nation's commitment to the Paris Agreement. So um, President Biden, 634 00:32:31,360 --> 00:32:34,440 Speaker 1: when he took office the very first day in office, 635 00:32:34,600 --> 00:32:37,640 Speaker 1: the most important thing he could do on day one 636 00:32:39,000 --> 00:32:41,120 Speaker 1: was to put the United States back into the Paris Accord. 637 00:32:41,720 --> 00:32:44,520 Speaker 1: All right, now, UM, I've done videos breaking down the 638 00:32:44,520 --> 00:32:45,920 Speaker 1: Paris Cord. I'm not gonna spend a lot of time 639 00:32:45,920 --> 00:32:48,440 Speaker 1: on that. Um, not the science behind it, but the 640 00:32:48,440 --> 00:32:50,960 Speaker 1: actual agreement. So um, this to understand that you have 641 00:32:50,960 --> 00:32:52,880 Speaker 1: done somebody said here, So he said, in order to 642 00:32:53,120 --> 00:32:58,200 Speaker 1: contain temperatures under the United States nationally determined contribution, contribution 643 00:32:58,240 --> 00:33:00,840 Speaker 1: being the keyword. So under the Paris Cord, each nation 644 00:33:01,200 --> 00:33:05,960 Speaker 1: contributes what they're gonna do. So the United States has 645 00:33:05,960 --> 00:33:08,120 Speaker 1: already been the leader of the United States has cut 646 00:33:08,120 --> 00:33:11,280 Speaker 1: its carbon emissions down by thirty percent in the last decade. 647 00:33:11,840 --> 00:33:14,880 Speaker 1: The United States has which means you pay more for 648 00:33:14,920 --> 00:33:16,800 Speaker 1: everything in order for us to do that. And that's great, 649 00:33:16,800 --> 00:33:19,360 Speaker 1: that's a sacrifice you've made. Um But other nations, China 650 00:33:19,400 --> 00:33:22,560 Speaker 1: hasn't done that, India hasn't done that. So every nation contributes. 651 00:33:22,600 --> 00:33:25,240 Speaker 1: What what do I pledge? The United States pledged for 652 00:33:25,360 --> 00:33:30,240 Speaker 1: the Perisgreement to cut its emissions another Now, if anything, 653 00:33:30,240 --> 00:33:32,160 Speaker 1: if you know anything, the little the first parts, the 654 00:33:32,160 --> 00:33:33,720 Speaker 1: easy part, it gets harder and harder. So how do 655 00:33:33,760 --> 00:33:36,600 Speaker 1: we cut another percent? Okay, but what did what did 656 00:33:36,640 --> 00:33:40,840 Speaker 1: India commit to? What's their contribution? Well, they agreed not 657 00:33:41,000 --> 00:33:44,600 Speaker 1: to allow emissions to go up more than the percentage 658 00:33:44,600 --> 00:33:47,320 Speaker 1: of GDP. So if they can grow their GDP, they 659 00:33:47,320 --> 00:33:49,560 Speaker 1: can grow their emissions. They're not cutting at all. What 660 00:33:49,600 --> 00:33:53,000 Speaker 1: did China commit to? China committed that they would continue 661 00:33:54,000 --> 00:34:00,880 Speaker 1: to increase their emissions through and then they'll reverse course 662 00:34:00,920 --> 00:34:03,600 Speaker 1: and lower room. So each nation has contributed, so are 663 00:34:03,600 --> 00:34:06,000 Speaker 1: the other nations of the world aren't contributing any reduction. 664 00:34:06,000 --> 00:34:08,840 Speaker 1: As a matter of fact, China has contributed an increase, 665 00:34:09,320 --> 00:34:12,399 Speaker 1: but the United States has contributed additional reduction. And so 666 00:34:12,560 --> 00:34:15,439 Speaker 1: they said, nope, you can't. You can't grow more food 667 00:34:15,520 --> 00:34:17,759 Speaker 1: even though people are gonna start to death because you know, 668 00:34:18,640 --> 00:34:20,799 Speaker 1: the world could get a little bit warmer. Um, so 669 00:34:20,840 --> 00:34:23,560 Speaker 1: they're saying the quiet part allowed. We have a Norwegian 670 00:34:23,680 --> 00:34:28,080 Speaker 1: finance CEO, Kirsten Brothen, spoke to the World Economic Forum 671 00:34:28,160 --> 00:34:33,400 Speaker 1: this week and she said, quote, we need to accept 672 00:34:33,880 --> 00:34:38,640 Speaker 1: that there will be some pain in the process, shortages 673 00:34:38,920 --> 00:34:44,759 Speaker 1: on energy, inflationary pressures. That pain is actually worth it, 674 00:34:46,360 --> 00:34:48,400 Speaker 1: because if we don't, there's no economy. You see what 675 00:34:48,400 --> 00:34:53,399 Speaker 1: they're saying. They're saying, yes, okay, fine, we admit it. 676 00:34:53,719 --> 00:34:56,520 Speaker 1: Prices are going to go higher. We get it. People 677 00:34:56,560 --> 00:34:58,960 Speaker 1: are going to starve to death. We get it. That 678 00:34:59,040 --> 00:35:00,480 Speaker 1: you won't be able to dry I have your car 679 00:35:00,520 --> 00:35:03,680 Speaker 1: anymore because it's too expensive. We get it. That car 680 00:35:03,719 --> 00:35:05,560 Speaker 1: companies are going to go out of business and you're 681 00:35:05,560 --> 00:35:09,080 Speaker 1: gonna lose your job. We get it. But she said, quote, 682 00:35:10,840 --> 00:35:16,480 Speaker 1: the pain is actually worth it. Who are they to 683 00:35:16,560 --> 00:35:19,759 Speaker 1: say that, uh, control over your life? And so This 684 00:35:19,840 --> 00:35:23,399 Speaker 1: is what I'm talking about, this decentralized revolution. Through this 685 00:35:23,440 --> 00:35:28,040 Speaker 1: monetary system that we've had, it's increased centralization. The powers 686 00:35:28,120 --> 00:35:31,320 Speaker 1: have continued to centralize and get bigger and bigger and bigger, 687 00:35:31,360 --> 00:35:33,560 Speaker 1: stronger and stronger and stronger. And so while I used 688 00:35:33,600 --> 00:35:35,400 Speaker 1: to have to deal with the powers in my state 689 00:35:35,800 --> 00:35:39,879 Speaker 1: or maybe my country, now it's global. Now. These people 690 00:35:39,920 --> 00:35:44,640 Speaker 1: are meeting at the World Economic Forum, flying there in 691 00:35:44,640 --> 00:35:48,560 Speaker 1: their private jets, spending creating more carbon emission in one 692 00:35:48,600 --> 00:35:50,440 Speaker 1: plane flight than you probably will in your whole year, 693 00:35:51,360 --> 00:35:54,360 Speaker 1: and they're going to tell you that you need to 694 00:35:54,400 --> 00:35:57,799 Speaker 1: feel more pain, you need to lose your job, and 695 00:35:57,880 --> 00:36:02,399 Speaker 1: you need to starve because the pain is actually worth it. Well, 696 00:36:02,440 --> 00:36:04,040 Speaker 1: I don't think so. I don't think the pain is 697 00:36:04,040 --> 00:36:05,480 Speaker 1: actually worth it. I don't think we need to go 698 00:36:05,520 --> 00:36:08,680 Speaker 1: backwards at all. And we'll talk about that more later, 699 00:36:09,080 --> 00:36:12,439 Speaker 1: but basically, what we're seeing is that the centralization of power. 700 00:36:12,440 --> 00:36:15,080 Speaker 1: We're at peak centralization. And so we have these three 701 00:36:15,120 --> 00:36:17,520 Speaker 1: letter organizations like the World Economic Form and the World 702 00:36:17,560 --> 00:36:19,600 Speaker 1: Health Organization and the World Trade Organzation and the u 703 00:36:19,719 --> 00:36:22,319 Speaker 1: N and the I m F and everything telling you 704 00:36:22,400 --> 00:36:24,239 Speaker 1: what you can and can't do. What you can and 705 00:36:24,280 --> 00:36:27,200 Speaker 1: can't eat, or even if you can and can't have food. 706 00:36:28,239 --> 00:36:30,160 Speaker 1: But as I talked about each and every week, we're 707 00:36:30,160 --> 00:36:36,160 Speaker 1: witnessing the decentralized revolution money controlling the money supply has 708 00:36:36,280 --> 00:36:39,600 Speaker 1: enabled them to grow bigger, and bitcoin will take away 709 00:36:39,600 --> 00:36:43,200 Speaker 1: their ability to do that, which will then decentralize the world. 710 00:36:43,920 --> 00:36:46,759 Speaker 1: And I'll allow us to take back control of our 711 00:36:46,800 --> 00:36:50,719 Speaker 1: own very live, sovereign, directing my life as I see 712 00:36:50,719 --> 00:36:53,680 Speaker 1: fit in the direction that leads to my own ends. 713 00:36:54,200 --> 00:36:57,840 Speaker 1: That's the goal and that's what bitcoin is here to fix. Um, 714 00:36:57,920 --> 00:36:59,960 Speaker 1: you listen to the Markma Show, We're talking about bitcoin, 715 00:37:00,000 --> 00:37:04,280 Speaker 1: a cryptocurrency, is talking about the decentralized revolution, talking about politics, finance, 716 00:37:04,360 --> 00:37:08,880 Speaker 1: and technology each and every week. I hope you enjoyed 717 00:37:08,920 --> 00:37:11,960 Speaker 1: that and you have a new perspective on this. Thanks 718 00:37:11,960 --> 00:37:12,360 Speaker 1: for listening.