WEBVTT - Life Has Never Been Better but Also Devolving 0:00:00.400 --> 0:00:03.120 Hello, and welcome to another episode of The Mark Moss Show, 0:00:03.120 --> 0:00:06.600 where we talk about bitcoin, we talk about cryptocurrencies, we 0:00:06.640 --> 0:00:10.639 talk about the decentralized revolution that the world is going 0:00:10.680 --> 0:00:14.840 through right now. And there is no shortage of signs 0:00:14.840 --> 0:00:18.040 signposts everywhere we look to see that we are transitioning 0:00:18.480 --> 0:00:21.919 into this decentralized revolution that we're in, and so we're 0:00:21.960 --> 0:00:24.880 literally witnessing the world change right before our very eyes. 0:00:25.120 --> 0:00:27.680 Some of these things are a little more subtle and 0:00:27.760 --> 0:00:30.400 some of them are much more apparent, and those are 0:00:30.440 --> 0:00:32.479 some of the things that I want to talk about today. 0:00:32.560 --> 0:00:35.720 We got a big, big, big, big show to talk about. 0:00:36.000 --> 0:00:38.840 Of course, it all comes down to the money, which 0:00:38.840 --> 0:00:41.640 of course bitcoin and cryptocurrencies are leading that revolution. But 0:00:41.720 --> 0:00:45.839 really it's the intersection between politics, finance, and technology. It's 0:00:45.880 --> 0:00:49.720 the convergence of those three things that's the catalyst for 0:00:49.760 --> 0:00:52.040 all the change that we're seeing in the world right now. 0:00:52.680 --> 0:00:55.400 And I think if if if you look, if you 0:00:55.400 --> 0:00:57.600 know what you're looking for, you're paying attention, you can 0:00:57.640 --> 0:00:59.600 see that, Um, it's not just the world that's changing, 0:00:59.640 --> 0:01:03.200 it's it's uh, I mean, that's changing for the better, 0:01:03.680 --> 0:01:05.600 but it's also changing for the worst. It's like this 0:01:05.680 --> 0:01:08.720 is the best of times and this is the worst 0:01:08.760 --> 0:01:11.600 of times at the same time. And so um. On 0:01:11.600 --> 0:01:15.680 one hand, life has never been better, right, Life expectancy 0:01:15.840 --> 0:01:18.160 is up, and we have wealth. I mean, the poorest 0:01:18.160 --> 0:01:20.120 person in the United States today is richer than the 0:01:20.200 --> 0:01:22.280 richest person in the world a hundred years ago. And 0:01:22.319 --> 0:01:25.800 so we have massive wealth, massive prosperity. Things are great. 0:01:26.040 --> 0:01:28.240 We have computer phones in our pocket that can tell 0:01:28.319 --> 0:01:31.400 us anything in the world. We can do zoom and 0:01:31.600 --> 0:01:33.920 chat with anybody from anywhere in the world instantly. We 0:01:33.920 --> 0:01:35.800 can hop on a plane and flying in where we want. 0:01:35.840 --> 0:01:38.040 So things have never been better. But at the same time, 0:01:38.520 --> 0:01:42.320 things are rapidly d evolving. I recently did a talk 0:01:42.360 --> 0:01:45.560 at my live event that just happened. It was the 0:01:45.600 --> 0:01:49.040 first week of April called Market Disruptors Live, where we 0:01:49.040 --> 0:01:51.840 we have a conference. We get together and bring about 0:01:51.840 --> 0:01:54.840 five hundred people together, bring about fifteen different speakers from 0:01:54.920 --> 0:01:57.680 kind of different areas to talk about, um, what's going 0:01:57.800 --> 0:02:00.200 on in the world, and more importantly, how we to 0:02:00.280 --> 0:02:03.600 navigate through that, how we want to survive and thrive 0:02:03.760 --> 0:02:06.680 really as this world changes. And the it was my 0:02:06.760 --> 0:02:09.200 conference I hosted it. I had the speakers there, But 0:02:09.240 --> 0:02:11.280 I also gave a keynote presentation while I was there, 0:02:11.320 --> 0:02:13.160 and the name would actually say the title of my 0:02:13.200 --> 0:02:19.080 presentation was d evolution re evolution, And so, Um, what 0:02:19.120 --> 0:02:21.600 we're seeing is that although things have never been better, 0:02:21.680 --> 0:02:24.560 we're starting to d evil. Things are starting to move 0:02:24.600 --> 0:02:28.160 backwards at a very rapid rate. However, I see that 0:02:28.200 --> 0:02:31.920 there's re evolution that will happen here shortly once we 0:02:31.919 --> 0:02:34.120 get through this transition. I know a lot of times 0:02:34.120 --> 0:02:38.080 people accuse me of being this um doomsdayre because I 0:02:38.120 --> 0:02:42.120 report the news and the news is mostly bad and 0:02:42.160 --> 0:02:45.240 it's and it is bad. However, Um, one of my 0:02:45.240 --> 0:02:47.359 friends who had recently did an interview with Tucker Max, 0:02:47.400 --> 0:02:51.480 he calls it Dumer optimism. So, yes, there's doom in 0:02:51.520 --> 0:02:53.840 front of us and we're witnessing them, but there's massive 0:02:53.880 --> 0:02:56.720 hope and optimism and hope hope of prosperity on the 0:02:56.720 --> 0:02:59.519 other side, which I believe in. But like I said, 0:03:00.520 --> 0:03:04.280 d evolution is here all around us, and and I 0:03:04.280 --> 0:03:07.680 think it's I was explained to somebody in my office 0:03:07.720 --> 0:03:12.120 earlier today, Um, the implications that aren't commonly seen, and 0:03:12.200 --> 0:03:14.760 so what do I mean by that? So we're de evolving. 0:03:14.840 --> 0:03:17.320 We're seeing the money breaking down, which of course bitcoin 0:03:17.400 --> 0:03:18.799 is here to fix, and which is why we say 0:03:18.800 --> 0:03:23.800 bitcoin fixes that. And by that I mean pretty much everything, 0:03:24.120 --> 0:03:27.480 because everything really revolves around the money. So when the 0:03:27.520 --> 0:03:31.919 money supply breaks down, everything breaks down, including society breaks down. 0:03:31.960 --> 0:03:33.560 So I want to take a look at some of that. Um, 0:03:33.560 --> 0:03:35.200 we'll take a look at that. We'll look at some stats. 0:03:35.240 --> 0:03:37.480 I have some numbers I want to show you explaining 0:03:37.560 --> 0:03:40.280 how that's working. And I want to show you how, um, 0:03:40.320 --> 0:03:43.240 it's affecting things that you wouldn't necessarily think of, Like 0:03:43.280 --> 0:03:46.640 I said, inside society. We'll look at some of the 0:03:46.920 --> 0:03:51.040 unfortunate news that's happened this week. Unfortunately, some bad things 0:03:51.040 --> 0:03:53.880 have happened inside the United States, and uh, I believe 0:03:53.880 --> 0:03:55.400 it or not, it could be traced back to society 0:03:55.400 --> 0:03:58.160 breaking down. Society breaking down because of the money. And 0:03:58.200 --> 0:04:00.560 then I want to talk about some statements that have 0:04:00.640 --> 0:04:02.440 come out of the World I MAC Forum. They've been 0:04:02.440 --> 0:04:06.360 meeting this week over in Davos, Switzerland, the Davos man 0:04:06.400 --> 0:04:09.200 as they're called. These are the the the so called 0:04:09.240 --> 0:04:13.000 the self appointed elites UM that fly on their private 0:04:13.080 --> 0:04:15.600 jets and then want to tell us that we need 0:04:15.640 --> 0:04:17.720 to cut back on energy to save the world. When 0:04:17.720 --> 0:04:20.279 they fly on their private jets, I say so called elites. 0:04:20.320 --> 0:04:23.080 They like to call themselves elites. Um, they're not elite. 0:04:23.240 --> 0:04:25.839 I wouldn't hire any of them to work in my business, 0:04:25.839 --> 0:04:28.719 and I doubt either of you would as well. But 0:04:28.800 --> 0:04:32.400 they are, I guess they're pretty elite and and navigating 0:04:32.440 --> 0:04:37.480 through the political landscape and grifting as we can say. Um. So, anyway, 0:04:37.680 --> 0:04:39.839 there's a couple of quotes that I have prepared for 0:04:39.880 --> 0:04:41.000 you that I want to I want to tell you, 0:04:41.040 --> 0:04:44.359 and it is shocking. And when I say shocking, I 0:04:44.400 --> 0:04:47.960 mean that they are saying the quiet part, the quiet 0:04:47.960 --> 0:04:49.719 part meaning the part that is not supposed to be 0:04:49.720 --> 0:04:54.479 spoken of, the part that we've kind of assumed but 0:04:54.600 --> 0:04:57.039 they haven't said. But now they're saying it. And to 0:04:57.080 --> 0:05:00.360 be honest, scares me because it's one thing if they're 0:05:00.440 --> 0:05:02.800 hiding it and lying about it, but when they come 0:05:02.800 --> 0:05:04.599 out and openly say it and trying to sell to 0:05:04.680 --> 0:05:08.160 us as a good thing, it's a problem. Let's just 0:05:08.200 --> 0:05:09.600 say they want you to be poor, and then we're 0:05:09.640 --> 0:05:11.360 gonna take a look at some of the big, big 0:05:11.400 --> 0:05:13.120 things that are going in the States in the United 0:05:13.120 --> 0:05:16.600 States right now and and affecting the world. Um that 0:05:16.320 --> 0:05:20.320 that the world is moving on that again, the signs 0:05:20.360 --> 0:05:22.760 of the money breaking down, society breaking down, and uh, 0:05:22.880 --> 0:05:26.440 it leads to lots of unintended consequences. And we'll discuss 0:05:26.600 --> 0:05:29.200 all of that and more in this big show that 0:05:29.240 --> 0:05:31.160 I have planned for you. You listen to the Mark 0:05:31.279 --> 0:05:34.919 Moa show talking about the intersection of politics, finance, and technology. 0:05:34.960 --> 0:05:39.400 We're talking about bitcoin, cryptocurrencies, and the decentralized revolution. Is 0:05:39.400 --> 0:05:41.920 all three of these things converge. The world is changing, 0:05:42.000 --> 0:05:47.440 So I think it's no surprise that we have massive 0:05:47.520 --> 0:05:51.520 inflation all over the world. Massive inflation. Now, what is inflation? 0:05:51.600 --> 0:05:53.520 I want to kind of break this down this nuance 0:05:53.600 --> 0:05:55.400 for you just a little bit before we dig into this. 0:05:55.440 --> 0:05:58.400 And of course, yes, bitcoin fixes this, so bear with me. 0:05:58.480 --> 0:06:02.120 We'll bring it all back home for you. But inflation, so, um, 0:06:02.400 --> 0:06:05.039 you hear all over the news inflations, you know, forty 0:06:05.080 --> 0:06:10.359 year highs CPI consumer price index prices, prices, prices. In 0:06:10.520 --> 0:06:13.640 my opinion, and not just my opinion, per the Austrian 0:06:13.680 --> 0:06:18.719 school of economics, inflation isn't prices going up. Inflation is 0:06:18.839 --> 0:06:23.839 increasing the money supply. When the money supply increases, then 0:06:23.920 --> 0:06:27.200 it results in prices going up. So prices going up 0:06:27.200 --> 0:06:32.520 are the result of inflation of the monetary supply increasing. Um. 0:06:32.560 --> 0:06:36.960 But for intensive purposes, most people consider inflation prices going up. 0:06:36.960 --> 0:06:40.000 So then you have consumer price inflation that's the price 0:06:40.080 --> 0:06:42.919 of your food, your energy, your cars, things like that. 0:06:43.200 --> 0:06:45.839 And then you have asset price inflation. So assets, I 0:06:45.839 --> 0:06:48.719 don't have to tell you what this are obviously stocks, um, 0:06:48.760 --> 0:06:53.160 real estate, bitcoin, cryptocurrencies, etcetera, and so um economists want 0:06:53.160 --> 0:06:55.960 to break those two things separately. They want to say, well, 0:06:56.160 --> 0:06:59.200 there's asset price inflation, but that's not really uh um, 0:06:59.240 --> 0:07:01.880 that's not really inflation, right. Inflation is consumer price inflation. 0:07:01.920 --> 0:07:04.800 But I think that's um, I'll just call it out. 0:07:04.839 --> 0:07:07.600 I think it's stupid to try to um differentiate that 0:07:08.000 --> 0:07:11.360 because let's say that asset price inflation is homes going up. 0:07:11.800 --> 0:07:13.360 So let let me let me, let me break this down. 0:07:13.360 --> 0:07:17.200 I spoke at a conference in January Rebel Capitalist, my 0:07:17.240 --> 0:07:20.120 good friend George Gammon's conference, and I was there. I 0:07:20.120 --> 0:07:22.400 got to share the stage with Ron Paul, which was amazing. 0:07:22.440 --> 0:07:25.360 He started the in the FED movement I gave a 0:07:25.400 --> 0:07:29.160 talk titled UM in the fed To, kind of as 0:07:29.160 --> 0:07:31.200 a nod to Ron Paul. But I was also there 0:07:31.240 --> 0:07:34.480 with with with a well known economist, somebody that I respect, 0:07:34.480 --> 0:07:36.760 and somebody who's super smart, smarter than he's probably forgot 0:07:36.760 --> 0:07:40.600 more than I'll ever know, Richard Warren, Professor Richard Warner. 0:07:41.000 --> 0:07:44.520 And he is a I mean, he's an academic, he 0:07:44.720 --> 0:07:48.400 is a consultant. He's at one of the most influential 0:07:49.520 --> 0:07:52.560 educated people when it comes to central bank planning, in 0:07:52.600 --> 0:07:54.680 central bank policies and things like that. He gave a 0:07:54.720 --> 0:07:57.560 talk about UM, how banks are centralizing and how we 0:07:57.600 --> 0:07:59.600 need to decentralize the banks. I'm not gonna go deep 0:07:59.600 --> 0:08:04.840 into that UM, but he talked about how in two 0:08:04.840 --> 0:08:06.800 thousand and eight, through the Great Financial Crash and two 0:08:06.880 --> 0:08:10.360 thousand and twenty, how all this money creation happened and 0:08:10.400 --> 0:08:18.040 it didn't cause inflation. And uh, much respect to him, 0:08:18.120 --> 0:08:19.960 Like I said, he's probably forgotten more than I'll ever know. 0:08:20.520 --> 0:08:22.440 But I had to call him out on stage in 0:08:22.440 --> 0:08:25.760 front of everybody, and I'll tell you what he said 0:08:25.760 --> 0:08:27.920 in a second, and he'll be surprised what his response was. 0:08:27.960 --> 0:08:30.200 But it really goes back into what I'm talking about 0:08:30.200 --> 0:08:33.760 this differentiation and how they're really gas lightiness. Now, I 0:08:33.760 --> 0:08:35.360 do want to, like I said, we're gonna talk about 0:08:35.360 --> 0:08:39.079 how this inflation, these prices going up are breaking down society, 0:08:39.120 --> 0:08:41.440 what the societal impacts of that are, and of course 0:08:41.440 --> 0:08:45.000 we'll bring it back to of course, yes, bitcoin fixes 0:08:45.080 --> 0:08:47.280 that now one of the best ways to get bitcoin. 0:08:47.360 --> 0:08:48.880 And a lot of people are asking me right now 0:08:49.040 --> 0:08:50.800 is a time? Is now a good time to get 0:08:50.800 --> 0:08:54.959 into bitcoin? Because bitcoin is down It's about thirty dollars 0:08:55.040 --> 0:08:58.400 right now, which I believe is below the fair market value, 0:08:58.400 --> 0:09:00.920 which we're gonna talk about a little bit later, um, 0:09:01.000 --> 0:09:02.160 And so a lot of people want to know, is 0:09:02.200 --> 0:09:04.319 now the right time to buy? And I would just 0:09:04.360 --> 0:09:06.000 say that, you know, we don't know. I think it's 0:09:06.080 --> 0:09:07.920 below fair market value right now. I think it's a 0:09:07.920 --> 0:09:11.120 great opportunity to buy in that being said, could it 0:09:11.200 --> 0:09:13.920 go down more? Well, it's possible. Right if you listen 0:09:13.960 --> 0:09:15.520 to the Mark Ma Show. I'm gonna be back with 0:09:15.559 --> 0:09:18.840 more in a second, So do not go away, all right, 0:09:18.880 --> 0:09:20.840 welcome back. You are listening to the Mark Ma Show, 0:09:20.840 --> 0:09:25.160 where we discuss the world changing through the three converging 0:09:25.160 --> 0:09:28.200 forces of politics. Finance and technology. Of course that's being 0:09:28.400 --> 0:09:32.840 led by bitcoin and cryptocurrencies. Bitcoin is changing the world 0:09:33.040 --> 0:09:36.240 and it is those things, UM. And we're witnessing what 0:09:36.360 --> 0:09:39.800 I'm calling the decentralized revolution, and today we're talking about 0:09:40.000 --> 0:09:44.520 specifically UM. Yes, bitcoin fixes that, whatever that is, it's everything. 0:09:44.559 --> 0:09:47.320 And so really what we're talking about is how society 0:09:47.559 --> 0:09:49.920 right now is um the best of times and the 0:09:49.920 --> 0:09:52.280 worst of times. It's breaking down in a lot of 0:09:52.280 --> 0:09:54.600 ways that people don't understand. And it's all related back 0:09:54.600 --> 0:09:57.000 to the money. UM. A lot of times, you know, 0:09:57.040 --> 0:09:59.120 people want to know, like how do I secure my 0:09:59.200 --> 0:10:01.680 bitcoin or whatever? What's the price going to be next week? 0:10:01.760 --> 0:10:04.560 I'd like to talk about why, why do we need it? 0:10:04.679 --> 0:10:06.520 Why do we even care? Boo? Can it fix? Right? 0:10:06.520 --> 0:10:08.360 And so that's what we're talking about. So I was 0:10:08.400 --> 0:10:11.480 talking about inflation UM. A lot of times, most people, 0:10:11.600 --> 0:10:14.199 including the news and the mainstream economists, talk about inflation 0:10:14.200 --> 0:10:17.760 being prices going up, UM. But price it's it's inflation 0:10:17.800 --> 0:10:19.480 is really the money supply going up. When the money 0:10:19.520 --> 0:10:21.760 supply goes up, then prices go up. And I was 0:10:22.040 --> 0:10:23.760 on a on this conference. I was telling you before 0:10:23.760 --> 0:10:26.680 the break, I was at this conference with Um, a 0:10:26.720 --> 0:10:29.720 well known global economist, and he said that in two 0:10:29.760 --> 0:10:31.880 thousand and eight, when the central banks created all this money, 0:10:32.080 --> 0:10:37.320 it didn't cause inflation. I said, excuse me, can I 0:10:37.320 --> 0:10:39.440 ask a question? I was on the panel, I said them, 0:10:40.280 --> 0:10:43.480 if it didn't cause inflation, then why is real estate 0:10:43.520 --> 0:10:45.280 at all time eyes? Why stock market all time eyes? 0:10:45.280 --> 0:10:46.880 Why it's bitcoin al time eyes? Why it's gold al 0:10:46.880 --> 0:10:48.360 time eyes? Why is everything at all time eyes? If 0:10:48.360 --> 0:10:50.560 there was no inflation, he said, oh, well, that was 0:10:50.679 --> 0:10:54.080 asset price inflation. There was no consumer price inflation. And 0:10:54.120 --> 0:10:56.120 so what I'm my point is that these economists are 0:10:56.160 --> 0:11:00.440 splitting hairs because look, if I'm if if I'm a 0:11:00.440 --> 0:11:04.280 consumer and I buy a home and that home went 0:11:04.360 --> 0:11:08.240 up in value, isn't that consumer price inflation? And at 0:11:08.240 --> 0:11:10.520 the end of the day, whether it's my stocks going up, 0:11:10.520 --> 0:11:12.920 my home going up, or my steak and milk going up, 0:11:13.440 --> 0:11:15.679 it's all prices going up. To me, it's more expensive 0:11:15.679 --> 0:11:17.079 to buy the stock, it's more expensive by the house, 0:11:17.120 --> 0:11:19.000 is more expensive to buy my food. Whatever does it 0:11:19.000 --> 0:11:22.160 makes kind of kind of ridiculous, and so Um through 0:11:22.200 --> 0:11:24.679 the distortion of the money supply by them creating arbitrarily 0:11:24.720 --> 0:11:29.000 creating more money. It creates inflation, prices going up, right, 0:11:29.160 --> 0:11:31.400 and we know this, we can see that, but but 0:11:31.520 --> 0:11:33.720 a lot of people haven't really thought through what the 0:11:33.760 --> 0:11:37.840 implicate implications of that are. So let me give you 0:11:37.880 --> 0:11:42.400 a couple. So, for example, when prices go up, it 0:11:42.440 --> 0:11:44.480 makes things more expensive. That's a given right, but have 0:11:44.559 --> 0:11:46.160 you thought through what that means? So a lot of 0:11:46.160 --> 0:11:50.360 times people think the value of my home went up, Well, 0:11:50.400 --> 0:11:52.760 it didn't really go up. The value of your dollars 0:11:52.760 --> 0:11:54.839 went down. So it takes more dollars to buy those things. 0:11:55.440 --> 0:11:58.720 Did the value of your used car go up? No, 0:11:59.040 --> 0:12:00.720 it just takes more dollars to buy those things. Did 0:12:00.760 --> 0:12:03.120 the value of your stake go up to the value 0:12:03.120 --> 0:12:05.240 of your milk up? Note, it just takes more dollars 0:12:05.280 --> 0:12:08.160 to buy those things. But what does that mean? So 0:12:08.280 --> 0:12:11.600 I can give you an example. So, for example, in 0:12:11.760 --> 0:12:15.760 um so gold had been money for five thousand years, 0:12:15.960 --> 0:12:19.520 for for basically all of human recent history. Um in 0:12:19.640 --> 0:12:23.640 nineteen seventy one we entered into an experimental phase where 0:12:23.640 --> 0:12:26.240 we got off of gold being money and now we 0:12:26.320 --> 0:12:30.000 have this just fake, arbitrary fiat money system through fifty 0:12:30.040 --> 0:12:32.640 years into this experiment, So um, if we want to 0:12:32.640 --> 0:12:35.520 look at these numbers of what happened since this experiment started, 0:12:35.520 --> 0:12:37.240 we have to go back to nine seventy one or 0:12:37.280 --> 0:12:40.520 nineteen seventies a good measure. So in nineteen seventy it 0:12:40.559 --> 0:12:44.280 would take two point three years of your life to 0:12:44.360 --> 0:12:46.319 save up for the house. For a house an average, 0:12:46.360 --> 0:12:48.959 the average house in the United States today, it takes 0:12:49.320 --> 0:12:52.440 seven years of your life. That's what does that mean? 0:12:53.000 --> 0:12:55.280 Because the central bankers have printed a bunch of money 0:12:55.280 --> 0:13:00.160 to enrich themselves and their buddies, they've literally stolen five 0:13:00.360 --> 0:13:04.600 years of your life. Of your time, that means that 0:13:04.600 --> 0:13:07.480 that's five years that you could have put yourself through college. 0:13:07.679 --> 0:13:10.760 That's five years you could have spent time with your kids, 0:13:11.520 --> 0:13:13.920 making sure your kids grew up in a good family. 0:13:14.400 --> 0:13:18.199 That's five years you could have spent improving yourself your 0:13:18.200 --> 0:13:20.320 own education to make a better life for you and 0:13:20.360 --> 0:13:23.079 your family. That's five years of your life that you 0:13:23.120 --> 0:13:26.200 could have spent relaxing on the beach. But instead now 0:13:26.720 --> 0:13:29.199 you have to spend that working so you can afford 0:13:29.240 --> 0:13:31.760 the average home. Because the central bankers created more money 0:13:31.760 --> 0:13:35.560 so they can enrich themselves. But that's that's easy to 0:13:35.640 --> 0:13:38.960 understand just the inflation in March alone. I kind of 0:13:38.960 --> 0:13:41.559 broke this down in the previous show. Um, just the 0:13:41.800 --> 0:13:44.920 just the inflation inflation we saw in March eight. What 0:13:44.960 --> 0:13:47.440 does that mean? Well, that means that it's about three 0:13:48.240 --> 0:13:51.760 four dollars more expensive for the average person to maintain 0:13:52.280 --> 0:13:53.920 their standard of living. What does that mean? So that 0:13:53.960 --> 0:13:55.680 means to have the exact same standard of living you 0:13:55.720 --> 0:14:00.360 needed the month before, it now costs you. So if 0:14:00.400 --> 0:14:04.440 you make thirty two dollars an hour, that means you 0:14:04.520 --> 0:14:07.840 have to work an extra ten hours in that month 0:14:08.640 --> 0:14:10.880 just to have the exact same lifestyle that you've had before. 0:14:11.120 --> 0:14:13.160 Ten hours in a month at thirty two bucks an hour. 0:14:13.320 --> 0:14:15.760 If you make fifteen bucks an hour, double it and 0:14:15.800 --> 0:14:17.600 you can you can do the math froom there. So 0:14:17.720 --> 0:14:20.080 if you make fifteen bucks an hour, or let's just 0:14:20.080 --> 0:14:22.680 stick with thirty bucks ten ten hours. So now if 0:14:22.680 --> 0:14:24.520 you work ten extra hours, those ten extra hours in 0:14:24.520 --> 0:14:27.400 a month that I could be with my kids playing, 0:14:27.880 --> 0:14:30.640 or I could be at college taking classes, or I 0:14:30.640 --> 0:14:33.080 could be starting a side business, but instead I have 0:14:33.200 --> 0:14:35.720 to work just to have the exact same lifestyle that 0:14:35.800 --> 0:14:38.880 had before. So what does that mean for society? Well, 0:14:38.960 --> 0:14:40.840 a couple of things. So what we can see is 0:14:40.880 --> 0:14:45.040 that society has broken down, and we can see this 0:14:45.520 --> 0:14:47.600 very clearly. And I don't want to get into, uh 0:14:47.640 --> 0:14:50.640 into deep into the weeds on this, but this week 0:14:50.720 --> 0:14:55.480 we had unfortunately, tragic, tragic news um of gun violence 0:14:55.520 --> 0:14:58.160 in Texas. And so there was a shooting at a school, 0:14:58.200 --> 0:15:03.080 which is horrible. Um, it's unthinkable. I'm a father of kids. 0:15:03.320 --> 0:15:06.760 I couldn't imagine that happening at my kids school. Um. 0:15:06.800 --> 0:15:10.440 But why does this happen now? I grew up in Texas, 0:15:10.680 --> 0:15:13.680 um until I was in high school. And when I 0:15:13.760 --> 0:15:16.120 was growing up as a kid in Texas going to school, 0:15:16.760 --> 0:15:19.560 kids would bring guns to school. Like in Texas, you drove, 0:15:19.640 --> 0:15:21.720 you know, you drove around your pickup truck with guns 0:15:21.720 --> 0:15:24.000 in the back window. And they would bring their guns 0:15:24.000 --> 0:15:27.560 to school and after school they'd go hunting. It happened 0:15:27.800 --> 0:15:30.760 all the way through the two thousands, had happened, but 0:15:30.800 --> 0:15:33.120 there was no shootings. So why is there now, Well, 0:15:33.160 --> 0:15:35.520 it's because society is breaking down. Well why is society 0:15:35.520 --> 0:15:37.920 breaking down? Let's go back to the money. Let's go 0:15:37.960 --> 0:15:43.720 back to the inflation. So in nine we saw um 0:15:43.920 --> 0:15:48.880 less um about fort of couples. Families had to have 0:15:49.000 --> 0:15:53.280 both people working to achieve the family dream, the American dream. Today, 0:15:53.920 --> 0:15:57.800 over eight of families have two people working. So what 0:15:57.800 --> 0:15:59.640 does that mean. That means the families are breaking down. 0:15:59.680 --> 0:16:01.880 That means as parents, instead of one parent being home 0:16:01.880 --> 0:16:05.920 with the kids, they're both gone. Who's raising the kids Nobody? 0:16:06.120 --> 0:16:10.960 That's a problem. If we go back to seventy we 0:16:11.000 --> 0:16:14.520 could see that the incarceration rate there was two hundred 0:16:14.560 --> 0:16:18.760 for every one hundred thousand people incarcerated. Today it's over 0:16:18.880 --> 0:16:23.920 a thousand. That's a five hundred percent increase in the 0:16:23.920 --> 0:16:26.920 incarceration rate. What does that mean is that of kids 0:16:26.920 --> 0:16:30.600 growing up with their parents, most mostly their dads, now 0:16:30.640 --> 0:16:34.760 they're in prison. Um. What about the divorce rate? We 0:16:34.760 --> 0:16:37.720 can see the divorce rate has completely skyrocketed, So now 0:16:37.760 --> 0:16:39.560 instead of kids growing up with their parents, they're growing 0:16:39.640 --> 0:16:43.000 up a single family. What about unwed mothers? We can 0:16:43.040 --> 0:16:45.600 see that. Um, in nineteen seventy, there was less than 0:16:45.760 --> 0:16:50.600 five percent of white kids born born and thirty percent 0:16:50.680 --> 0:16:53.480 of black kids. Today, well, actually as of two thousand 0:16:53.520 --> 0:16:55.520 eight is the last year I got the data, that 0:16:55.680 --> 0:16:58.440 the white families went from five to thirty percent and 0:16:58.480 --> 0:17:01.520 the black families went from thirty to eighty per cent 0:17:02.280 --> 0:17:06.520 being born with mothers. So what does that all mean. 0:17:06.680 --> 0:17:10.800 It goes back to a breakdown in society. We have, 0:17:10.880 --> 0:17:18.440 obesity has skyrocketed, and yes, fixing the money can fix this. 0:17:19.280 --> 0:17:20.960 And that's why I want to show these dates and 0:17:20.960 --> 0:17:23.040 show these numbers, because you can see when we went 0:17:23.080 --> 0:17:27.639 into this monetary experiment is when things went off the rails. UM. 0:17:27.680 --> 0:17:30.199 I'm wanna, I wanna tie this all back together. I 0:17:30.240 --> 0:17:32.720 have a lot more to cover. I want to cover UM, 0:17:32.800 --> 0:17:35.399 what they're saying out loud that they want you to 0:17:35.400 --> 0:17:37.160 be poor, and why they want you to be poor, 0:17:37.200 --> 0:17:38.600 and why you should be okay with it. And then 0:17:38.640 --> 0:17:40.199 I want to bring up bring it back to a 0:17:40.240 --> 0:17:42.240 couple of UM stories that we saw this week that 0:17:42.359 --> 0:17:46.359 illustrate this um and it's pretty shocking for me. I'm 0:17:46.400 --> 0:17:47.760 gonna be back with that and more. You listen to 0:17:47.760 --> 0:17:51.040 the Markma Show talking about politics, finance, and technology, we're 0:17:51.040 --> 0:17:54.800 talking about bitcoin and cryptocurrencies and this decentralized revolution that 0:17:54.840 --> 0:17:57.080 we're witnessing. We're talking about it in the lens of 0:17:57.240 --> 0:18:01.480 current issues, so we can demonstrate how things can be fixed. 0:18:01.920 --> 0:18:03.400 Back with that and more, in a minute, So don't 0:18:03.400 --> 0:18:05.679 go away, all right, Welcome back. You are listening to 0:18:05.760 --> 0:18:08.760 the Markmas Show. We're talking about politics, technology, we're talking 0:18:08.760 --> 0:18:11.639 about finance, we're talking about money, and really what are 0:18:11.640 --> 0:18:14.400 we talking about. We're talking about bitcoin. We're talking about cryptocurrencies, 0:18:14.400 --> 0:18:17.080 and we are talking about the decentralized revolution that we're 0:18:17.200 --> 0:18:19.520 living through, that we're witnessing. And that's why the world 0:18:19.520 --> 0:18:23.320 seems like it's all changing, because it is. We're seeing 0:18:23.359 --> 0:18:26.520 the last dying grasps of the old system trying to 0:18:26.640 --> 0:18:30.120 hold on to power as the new system is emerging. Now. 0:18:30.400 --> 0:18:33.199 I've been talking about how when we say in bitcoin, 0:18:33.240 --> 0:18:36.240 bitcoin fixes that, which means everything, and we say everything 0:18:36.280 --> 0:18:39.480 because pretty much every problem can be traced back to 0:18:39.520 --> 0:18:41.840 the money. I'd like to think of it like, um, 0:18:41.880 --> 0:18:44.200 if you saw this giant oak tree, and this oak 0:18:44.200 --> 0:18:46.960 tree had i don't know, call it ten thousand leaves, 0:18:47.000 --> 0:18:49.760 and every leave on that tree was a problem that 0:18:49.840 --> 0:18:52.520 we had, and we could sit there and pick one 0:18:52.600 --> 0:18:54.679 leave at a time and discuss each problem and what 0:18:54.720 --> 0:18:57.160 about this problem, what about this problem, more about this problem. 0:18:57.200 --> 0:18:59.800 But at the if we chase those leaves, they go 0:18:59.840 --> 0:19:01.600 back two branches and those branches go back to a trunk, 0:19:01.640 --> 0:19:04.920 and at the base is the root. That's the root, cause, 0:19:04.960 --> 0:19:07.200 that's the root of the problem. What sits there at 0:19:07.200 --> 0:19:11.200 that route is the money. It's the money printer. It's 0:19:11.240 --> 0:19:15.119 the ability for the Federal Reserve to print money, distorting 0:19:15.160 --> 0:19:19.560 the markets, stealing your life, and causing all types of distortions. 0:19:19.600 --> 0:19:21.560 So um, I kind of broke down some stats of 0:19:21.560 --> 0:19:26.480 how it's breaking down society with dual incomes, working incarceration rate, high, 0:19:26.480 --> 0:19:31.120 divorce rate high on when mother's high, obesity, health problems. 0:19:31.280 --> 0:19:35.080 So why why obesity hasn't gone off the complete rails. 0:19:36.240 --> 0:19:37.919 If you go back and look at pictures of like 0:19:38.000 --> 0:19:41.120 people at the beach or walking around and shopping centers 0:19:41.200 --> 0:19:44.720 in pre seventies, everybody was fit, everybody looked good. Why 0:19:44.800 --> 0:19:47.320 is obesity gone so high? Well because of the money. 0:19:47.400 --> 0:19:50.000 What do you mean because of the money. Well, because 0:19:50.520 --> 0:19:53.040 of everything getting more expensive. They've they've tried to get 0:19:53.080 --> 0:19:56.080 our food cheaper and cheaper and cheaper to offset that. 0:19:56.480 --> 0:20:00.600 And so now instead of eating good quality food like steak, 0:20:00.960 --> 0:20:03.959 like milk, like whole bread, things like that, instead we're 0:20:03.960 --> 0:20:06.480 eating stuff out of a box, reading processed food, reading 0:20:06.560 --> 0:20:09.439 fast food, and so the food system. Well, one of 0:20:09.440 --> 0:20:11.920 my favorite economists, a Safety and a Moose. He wrote 0:20:11.960 --> 0:20:13.760 the book The Bitcoin Standard and now the new book 0:20:13.760 --> 0:20:18.439 The Fiat Standard. He says, Fiat money, fake money, Fiat food, 0:20:18.720 --> 0:20:21.359 fake food. And so what we've seen is a breakdown 0:20:21.359 --> 0:20:25.080 in our food system in order to keep prices low 0:20:25.760 --> 0:20:28.840