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Speaker 1: So true story.

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Speaker 2: Perhaps not a story the Jedi will tell you, Fellow

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Speaker 2: conspiracy realist. Back in the day, we went on a

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Speaker 2: tour across the northeast part of the United States, and

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Speaker 2: we decided what better to talk about than the conspiracy

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Speaker 2: surrounding the Federal Reserve. That's our classic episode this week.

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Speaker 3: Oh yeah, we're talking about the creature from Jekyl Island

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Speaker 3: to do.

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Speaker 1: Love it shout out nineteen thirteen.

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Speaker 2: This is also, if I recall correctly, this is also

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Speaker 2: the time we were very taken with Hobo code and then

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Speaker 2: we were also, oh I found we found that toybee

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Speaker 2: tile here in Atlanta. Yeah, we just we squeezed that into.

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Speaker 4: This is really great.

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Speaker 3: And I honestly can't remember which city this recording is from,

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Speaker 3: or like when whichever one this is from. We had

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Speaker 3: such a great time touring around the northeast of these

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Speaker 3: good United States talking about the system that kind of

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Speaker 3: controls the money here in a weird way. Uh, we

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Speaker 3: can't wait for you to hear this. We had a

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Speaker 3: great time.

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Speaker 4: Hello, hello, hello, welcome.

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Speaker 2: Oh my gosh, you guys, we did it. We came

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Speaker 2: to our hometown and a crowd showed up to see

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Speaker 2: us live.

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Speaker 1: How are you doing.

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Speaker 3: Yeah, it's Sunday.

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Speaker 1: It is all right. We had to check earlier. We

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Speaker 1: have no idea what day it is. At this point,

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Speaker 1: it's been a bit of a blur.

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Speaker 2: It's been a bit of a it's been a bit

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Speaker 2: of a blur. But we want to thank you so

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Speaker 2: much for coming out. Is astonishing to us to record

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Speaker 2: in our hometown live now this is this is the

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Speaker 2: last show of our tour and we saved it for

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Speaker 2: you for Atlanta. I like your hat, by the way.

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Speaker 2: And we went We went to a bunch of places, really, Yeah.

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Speaker 1: We did.

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Speaker 5: My favorite highlight of the tour was having a lobster

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Speaker 5: role at a dive bar in Boston, because that's the thing.

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Speaker 5: They're just lousy with lobsters there and at Yeah, and

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Speaker 5: then yesterday I almost died. I choked on a bone

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Speaker 5: from a fish at a tire restaurant and had a

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Speaker 5: panic attack. But these guys got me through it. And

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Speaker 5: now here I am to be with you fine people.

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Speaker 4: Yeah.

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Speaker 3: We played a show in Arlington at this old theater

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Speaker 3: and it was beautiful because all of the seats were

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Speaker 3: like old office chairs that have been just discarded by someone.

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Speaker 3: But they just purchased them all or found them on

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Speaker 3: the side of the road and just filled the entire

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Speaker 3: theater with them.

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Speaker 5: And then there were remnants, like there were weird piles

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Speaker 5: of them just in the corners.

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Speaker 1: Yeah, and there were weird tables.

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Speaker 2: It looked like we were going to do a meeting

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Speaker 2: for the United Nations.

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Speaker 4: Yeah, yeah, it was.

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Speaker 3: It's like one of those like the Buckhead Theater, I forget,

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Speaker 3: not the Bucket theater.

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Speaker 4: It's one of the old like the Pisa or something, one.

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Speaker 3: Of the newer movie theaters that actually has food there too,

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Speaker 3: so you're sitting in these seats and ordering food.

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Speaker 4: It was just an odd experience.

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Speaker 1: Was it was.

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Speaker 5: It as odd as the one in Boston where there

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Speaker 5: was a kid's parkour class going on outside of our.

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Speaker 1: Which was great.

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Speaker 2: It was fantastic. Those kids have moves. We tried to

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Speaker 2: hang with.

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Speaker 1: Them, Yeah, they weren't having it.

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Speaker 5: Literally just ch opened the door to the dressing room

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Speaker 5: and there's just like these little tiny midget people just

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Speaker 5: zooming bye, like like tires and like you know, bars

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Speaker 5: and stuff.

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Speaker 1: It was pretty wild.

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Speaker 2: But they did actually say parkour while they were j Yeah.

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Speaker 3: But now we're in a place called Terminal West, which

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Speaker 3: rules do you do?

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Speaker 2: You?

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Speaker 3: Guys ever come out here to see shows like music,

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Speaker 3: awesome live shows.

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Speaker 4: We're on that stage right now.

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Speaker 1: Oh boy, uh oh, and we're supposed to do a show.

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Speaker 1: That's why we're.

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Speaker 3: Here, right, Okay, let's let's get started. Yeah, yeah, welcome

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Speaker 3: back to the show.

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Speaker 2: My name is Matt, my name is not and they

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Speaker 2: called me Ben. Most importantly, you are you. You are here,

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Speaker 2: and that makes this the stuff they don't want you

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Speaker 2: to know.

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Speaker 1: We're joined also by our super producer, Paul, Paul Mission

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Speaker 1: Control Decad. Hey, were you still please let us embarrass you.

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Speaker 1: This guy makes our show. This guy makes our show happen.

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Speaker 2: He we continually cajole him to get on microphone with us.

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Speaker 2: I know, I know, I know, but but.

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Speaker 3: Then he's surrounded by a lot of other house stuff works.

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Speaker 2: Oh I see you them, I see some celebrities in

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Speaker 2: the crowd. Can I get your autograph later? Guys, I

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Speaker 2: don't want to make it weird, but you.

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Speaker 1: Know, okay, I made it all right?

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Speaker 2: Well, well yes, Paul mission Control decand uh, we're finally back.

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Speaker 2: And we were on the road for a while and

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Speaker 2: we had these bizarre adventures, roaming through New England, roaming

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Speaker 2: through through historic places. Every city we have been to,

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Speaker 2: including Atlanta, has has a few things in common. Right,

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Speaker 2: There's a there's a bunch of graffiti everywhere. Oddly enough,

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Speaker 2: there's a regional Federal Reserve Bank, which in every city

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Speaker 2: we went to, in every single one. And when we

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Speaker 2: were thinking about our show, we we started we started brainstorming,

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Speaker 2: and we were we were thinking about hidden things, signs, symbols,

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Speaker 2: secret languages, and we were wondering how they came to

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Speaker 2: be and why and what they mean, and more so,

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Speaker 2: why do some of the world's most powerful, influential institutions

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Speaker 2: use secret signs, codes, signals, languages every year, every month,

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Speaker 2: every week, every day.

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Speaker 3: Ben, are you talking about the shadowy organization that operates

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Speaker 3: out of that five sided buildings over near Arlington, Virginia

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Speaker 3: where we were. That has absolutely nothing to do with pentagrams.

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Speaker 2: I mean, I mean there are a lot of buildings.

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Speaker 1: With five sides.

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Speaker 5: I hear it has a subway and a Best Buy.

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Speaker 5: So you know, it's true. The branding is part of

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Speaker 5: it as well.

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Speaker 1: Right, right, It's true.

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Speaker 2: Well, you know, Matt, the Pentagon is arguably involved Okay,

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Speaker 2: but that comes later, I think, right, I will wait,

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Speaker 2: do we want to call it foreshadowing?

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Speaker 1: Yes, okay, we'll call it foreshadowing.

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Speaker 2: So we're hoping that you join us today as we

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Speaker 2: dive into the strange stories of these signs, languages, signals,

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Speaker 2: and symbols that allegedly influence us everywhere we go.

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Speaker 5: And the institutions are one of them anyway, that just

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Speaker 5: loves them.

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Speaker 2: Yes, yes, absolutely so. Okay, So this is a modern city.

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Speaker 2: Atlanta is a pretty big city, and every time you

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Speaker 2: walk through any modern city in the US or abroad,

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Speaker 2: we are inundated with literally millions of images of mess right,

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Speaker 2: and they're non consensual. You don't wake up in the

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Speaker 2: morning and agree to see twelve thousand billboards.

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Speaker 1: You just have to go do something.

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Speaker 2: And we had a time a while back, Matt, you

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Speaker 2: and I years ago had a fool's errand where we said,

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Speaker 2: you know what, we're gonna wake up tomorrow. We're going

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Speaker 2: to count every single advertisement that we see during the day.

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Speaker 3: We really did it, and we got to about two

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Speaker 3: hundred or so. I think both of us maxed out

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Speaker 3: around that range two hundred three hundred range.

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Speaker 2: I gave up at eleven thirty five am.

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Speaker 4: Yeah, it was rough, and it's just crazy.

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Speaker 3: And a lot of its logos that are kind of

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Speaker 3: unassuming that you just notice on the side or on

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Speaker 3: somebody's shirt or a hat, sir, awesome shirt, And it

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Speaker 3: could just be as simple as a letter or something

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Speaker 3: like that, or like if it's a logo, you look

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Speaker 3: at something like we all know this the FedEx logo

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Speaker 3: that has that secret arrow in there, or the Amazon

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Speaker 3: logo that also has a not so secret arrow.

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Speaker 2: It's got a smile that starts at where starts at

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Speaker 2: like a yeah, and it goes to Z.

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Speaker 3: Lets you know you can get everything online right. All

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Speaker 3: you need is a tiny little symbol that lets you

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Speaker 3: know exactly what something is and you don't have to

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Speaker 3: communicate with words beyond.

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Speaker 5: That, and the smile just lets you know that everything's cool.

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Speaker 5: Amazon is a completely innocious organization that just means the

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Speaker 5: best for you, and one that story goods and servicesn't

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Speaker 5: be able to buy your laundry detergent with the push

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Speaker 5: of a button. It's a fantastic company. I'm a fan.

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Speaker 2: We're getting those drones for you, says Jeff Bezos. But

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Speaker 2: but this, this is weird because it goes beyond advertisements.

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Speaker 2: There is a great deal of money and time spent

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Speaker 2: to create logos that you know, FedEx has letters in it, right,

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Speaker 2: Amazon also has letters in it. But the parts of

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Speaker 2: our brain that are being engaged when we see these

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Speaker 2: logos are non verbal things. They're not they're not the

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Speaker 2: language part of our brain, you know. What they are

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Speaker 2: instead are imagistic, symbolic things.

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Speaker 5: We're meant to connect with you, like on almost emotional,

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Speaker 5: kind of prioritial level.

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Speaker 2: Yeah, yeah, it's absolutely your primal level. And we thought,

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Speaker 2: how far does this go?

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Speaker 4: Right? Yeah?

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Speaker 2: Right, We've all seen mad Men or read the Wikipedia

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Speaker 2: entries about it, I'm sure so.

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Speaker 6: So.

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Speaker 2: We know that advertising is historically huge industry, but the

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Speaker 2: idea of secret symbols, secret signs, secret languages goes far

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Speaker 2: beyond advertising. It predates it. We wanted to find an

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Speaker 2: example for you, and we wanted to start with something

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Speaker 2: that used to be alarmingly cartoonishly common. It's something you

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Speaker 2: may not have heard of in the modern day. The

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Speaker 2: name sounds a bit silly, but here we go. It's

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Speaker 2: Hobo code. Hobo code.

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Speaker 1: There you go.

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Speaker 5: You got to enunciate it because we had a couple

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Speaker 5: of shows when people didn't know what we were saying.

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Speaker 1: Yeah, so here's the thing.

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Speaker 5: The it does sound kind of like it could be

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Speaker 5: like the name of like some kind of prog band's

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Speaker 5: concept album.

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Speaker 2: Or yeah, so kind of like concept EP or something

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Speaker 2: mobo code.

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Speaker 1: Yeah, but no, it's not.

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Speaker 5: It's actually an entire kind of cryptographic language, and it

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Speaker 5: surround the world of the hobo, which you may know

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Speaker 5: today as being a bit of a pejorative or something

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Speaker 5: you might say to your you know, significant other if

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Speaker 5: they're not dressed well or something like that.

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Speaker 1: It's weird.

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Speaker 2: It's an anachronistic, Like some of us are here with

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Speaker 2: our significant others. If you're ever in a fight with

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Speaker 2: them and you call them a hobo, then they're.

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Speaker 1: Just like out of the argument. They don't understand what's

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Speaker 1: going on.

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Speaker 4: Why would you say that?

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Speaker 1: Yeah, They're like, what year is it? Tim?

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Speaker 2: I apologize if anyone here is named Tim. But the

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Speaker 2: idea of this goes back to a part of American

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Speaker 2: history that we don't often talk about outside of maybe

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Speaker 2: middle school, high school, the Great Depression, The world of

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Speaker 2: the hobo itinerant workers without homes who had to leave

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Speaker 2: their communities due to the fact that there were no

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Speaker 2: means of sustainable employment. This world is often romanticized nowadays.

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Speaker 5: Right you got you got the guy with the bendle,

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Speaker 5: then the stick with the bag and like the crumpled hat,

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Speaker 5: maybe a pipe or something, trusty dog riding the rails.

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Speaker 1: Not a care in the world.

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Speaker 5: Only kind of a lot of cares in the world,

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Speaker 5: because the world, as it turns out, was a terrifying,

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Speaker 5: terrifying place.

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Speaker 3: Yes, and they find themselves in that position, not of

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Speaker 3: any real action that they took. Perhaps it's something that

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Speaker 3: was kind of forced on them. If you don't have

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Speaker 3: a home, then this is this is kind of what.

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Speaker 2: You do, and it's a it's a brutal and demanding existence.

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Speaker 2: And the problem with this is we don't know too

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Speaker 2: much about this community because it was largely an oral tradition.

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Speaker 2: These people weren't buying wings of museums, they weren't financing

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Speaker 2: some sort of scholarship program. You can find some interviews,

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Speaker 2: you can find a couple of books by some intrepid journalists,

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Speaker 2: and you can hear some i'll say it, creepy songs

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Speaker 2: that stayed in the American song book.

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Speaker 4: They they might actually know rock Handy mount.

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Speaker 1: Oh yeah, yeah, no one up north does.

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Speaker 4: Nobody knows this song?

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Speaker 3: Are people in this audience, No, rock Candy Mountain, Rock

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Speaker 3: Candy Mountains.

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Speaker 4: Oh yeah, tell them.

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Speaker 2: Okay, So there's uh the song, the version of it

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Speaker 2: you hear has one verse xcised from from what will

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Speaker 2: typically play on auto you know, blue bluegrass kind of stations. Yes,

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Speaker 2: the last verse is it turns out the entire song

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Speaker 2: is a message from a hobo to a young runaway child,

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Speaker 2: and the last verse is the child saying, I am

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Speaker 2: not going to let you take what you call it,

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Speaker 2: no hobo hobo heaven.

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Speaker 1: Yeah yeah, that's what the Big Rock Candy Mountain. Yeah, yeah, exactly.

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Speaker 5: But now now you're making it makes it sound like

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Speaker 5: hobo's were like evil or something.

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Speaker 1: That's not true.

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Speaker 5: No, they were just they were just people, which is

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Speaker 5: but this is this is the story of an evil hobo.

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Speaker 1: But yeah, so, but the idea is.

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Speaker 5: Really that the Big Rock Candy Mountain is sort of

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Speaker 5: like the thing you have to look forward to in

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Speaker 5: this you know, hard fought life is basically the afterlife,

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Speaker 5: because that's about the best you're gonna get. But in

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Speaker 5: the meantime, Before this happens, there were some pretty powerful

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Speaker 5: symbols that were created to help communicate conditions in this

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Speaker 5: community that was known as the Brotherhood of Yeah, the

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Speaker 5: Brotherhood of the Frate right exactly, Yeah, exactly.

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Speaker 2: So you can google Big Rock, Candy Mountain full lyrics

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Speaker 2: just by the way, we're not gonna recite them. But this,

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Speaker 2: this message, the system of symbols existed for five hundred

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Speaker 2: thousand people in the early nineteen hundreds and had spiked

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Speaker 2: to seven hundred thousand by nineteen eleven. By the Great Depression,

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Speaker 2: the number exploded and we reached we reached something called

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Speaker 2: peak hobo.

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Speaker 1: That's the official term, that's the scientific term.

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Speaker 2: And while these people were on the rails, living on

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Speaker 2: the fringes of a society that did not want them around,

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Speaker 2: they devised a system that that we would not recognize

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Speaker 2: to communicate with one another. And this this system, this system.

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Speaker 1: Was meant to.

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Speaker 2: Warn other travelers, other people in this brotherhood that you

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Speaker 2: mentioned about the conditions of the town they would find,

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Speaker 2: or about the things that would be beneficial, or to

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Speaker 2: be a system of warnings, right, And it didn't use words.

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Speaker 3: Yeah, that's this is highly important because a lot of

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Speaker 3: this population was either illiterate or they were speaking different languages,

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Speaker 3: so there wasn't a whole lot of common from a

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Speaker 3: language perspective. So it like, did you call it hoboglyphs already? No,

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Speaker 3: but that is like hieroglyphics in a way, because it is.

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Speaker 3: It's it's you've you've likened it before to the IKEA, Yeah.

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Speaker 1: The IKEA instruction manual.

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Speaker 2: Right, we've all bought disappppointing furniture, like we know what

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Speaker 2: that is. You know there there are no words. Those

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Speaker 2: say manuals are printed and distributed across the globe because

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Speaker 2: everyone can get that that awkward humanoid figure in their

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Speaker 2: awkward buddy.

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Speaker 4: Yeah you don't.

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Speaker 3: You don't need words for it, right, That's the whole

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Speaker 3: point of.

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Speaker 2: This, and that is the one indisputable concrete remnant of

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Speaker 2: this community, this thing called hobo code. Let's do you

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Speaker 2: guys want to do some examples? Yeah, what hobo code?

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Speaker 3: Isle's So, let's say you're going into a new town

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Speaker 3: and you're looking for food as you may want to do,

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Speaker 3: as we all usually want to do, and there somebody

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Speaker 3: has come along and found a good free food source

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Speaker 3: from some building or some group of people that lives

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Speaker 3: in an area. So you'll you'd note this to anyone

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Speaker 3: else who comes after you by making a tea. Except

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Speaker 3: it's not just any t it's like a box and

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Speaker 3: then another box.

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Speaker 4: It looks similar to tetris the good pieces, you know,

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Speaker 4: the law, Yeah.

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Speaker 3: Important ones, you know. But that's kind of cool. So

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Speaker 3: if you if you note that somewhere in your town,

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Speaker 3: perhaps this means there's a good source of free food there.

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Speaker 4: Well.

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Speaker 5: There was even like a variation of it where I

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Speaker 5: believe it had a cross up on the side, which

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Speaker 5: implied that if you talk religion or like kind of

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Speaker 5: act like you're in to Jesus, that they will give

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Speaker 5: you free food.

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Speaker 1: So that's another important little tip.

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Speaker 5: We have another one that would warn people about the

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Speaker 5: state of like natural resources, like a water supply that

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Speaker 5: may have been like tainted.

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Speaker 1: So that would be a squiggly line with.

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Speaker 5: Like another line on top and another line on the bottom,

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Speaker 5: and that'll let them know to like avoid this well

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Speaker 5: because it will make you intensely ill.

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Speaker 1: Right, good stuff to know.

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Speaker 3: Yeah, need food, need water. I'm going to give you

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Speaker 3: some warnings just so you know.

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Speaker 2: And the people who lived in these communities would have

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Speaker 2: no idea what these symbols were. I mean a capital T.

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Speaker 2: You would just be like, wow, that guy's name must

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Speaker 2: be Tim. Again, I hope no one here his name Tim.

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Speaker 5: And they also like, it's not like it was alarmingly

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Speaker 5: large or like printed in some super central place. It

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Speaker 5: would be in a place that these folks would maybe

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Speaker 5: know where to look for them.

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Speaker 3: Yeah, and kind of temporary with like chalk or coal

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Speaker 3: or something that was readily available.

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Speaker 2: And there was a darker side to this as well,

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Speaker 2: because in many cases, perhaps a preponderance of cases, these

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Speaker 2: symbols were meant to warn to warn other travelers of danger.

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Speaker 2: There would be something that looks like a square, but

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Speaker 2: it's turned on a corner, so it's sort of a

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Speaker 2: diamond and it has one line going up, and that

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Speaker 2: meant be out of this town by sundown, be ready

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Speaker 2: to defend yourself. There's no way someone could guess that, right,

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Speaker 2: I mean no.

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Speaker 5: And that's the thing too about this language and the

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Speaker 5: way it evolves. It was experiential, so you know, these

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Speaker 5: folks would have to have these experiences enough to the

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Speaker 5: point where it would spread and they would know to

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Speaker 5: look for these symbols because it wouldn't just happen overnight,

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Speaker 5: because some of them you could kind of ikia and

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Speaker 5: figure out, oh, I think this is what this means.

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Speaker 5: But ones like this, we're a little bit more shrouded

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Speaker 5: and kind of mystery.

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Speaker 2: And law enforcement plays a big role. Series of interlocking

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Speaker 2: circles mean handcuffs or law enforcement will put you in

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Speaker 2: a chain gang. I like the point that you bring

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Speaker 2: up here, Nol, because although the term hobo code is

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Speaker 2: very fun to say, try it at home, the reality

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Speaker 2: of this is that this was a language built on

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Speaker 2: tragedy and suffering and blood. And it sounds like a

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Speaker 2: neat historical footnote. But here's the thing. These secret messages

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Speaker 2: exist today. People are still alive.

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Speaker 1: Thousands and thousands.

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Speaker 2: Of people are riding the rails, are living on the

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Speaker 2: fringes of society and using new iterations of this code

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Speaker 2: to communicate.

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Speaker 5: So Atlanta's got a pretty decent train hopping community. If

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Speaker 5: you've ever been to a little Five Points like that,

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00:18:40,080 --> 00:18:41,720
Speaker 5: you see the folks with like the dogs, with the

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00:18:41,760 --> 00:18:43,919
Speaker 5: bandanas and stuff. I mean, that's sort of that's like

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Speaker 5: a modern hobo.

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Speaker 1: I'm not kidding.

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Speaker 5: And I grew up with kids like that that would

387
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Speaker 5: hop trains and made a whole way of life around it,

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Speaker 5: and they kind of carry on some of these traditions.

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Speaker 2: Yeah, So does this mean that the world of secret

390
00:18:56,600 --> 00:19:00,000
Speaker 2: symbols and languages is relegated to people who are maybe

391
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Speaker 2: burnouts or on the lamb or living on the fringes

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Speaker 2: of society. Have we solved it?

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00:19:04,400 --> 00:19:05,440
Speaker 1: Is it? Yes?

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00:19:05,480 --> 00:19:05,800
Speaker 4: We have?

395
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Speaker 3: Okay, and that concludes the show. So really, guys, thank

396
00:19:08,920 --> 00:19:10,600
Speaker 3: you coming, thank you, thank you.

397
00:19:11,280 --> 00:19:12,160
Speaker 1: It's disappointing.

398
00:19:12,359 --> 00:19:13,440
Speaker 4: Oh are we gonna keep going?

399
00:19:13,720 --> 00:19:14,120
Speaker 1: Yeah?

400
00:19:14,160 --> 00:19:17,160
Speaker 2: Yeah we should, We probably should. But it's true, it's

401
00:19:17,200 --> 00:19:20,679
Speaker 2: not that simple. Secret symbols also exist in the world

402
00:19:20,720 --> 00:19:24,560
Speaker 2: of art, right, yes, we we explored things in the past,

403
00:19:24,640 --> 00:19:27,240
Speaker 2: like the toinbee tiles. What are those about?

404
00:19:27,440 --> 00:19:31,960
Speaker 3: There are these weird linonelym art pieces that get pushed

405
00:19:32,000 --> 00:19:36,120
Speaker 3: into the ground in asphalt on streets in mostly Philadelphia

406
00:19:36,119 --> 00:19:38,080
Speaker 3: and New York and other places like that, And it

407
00:19:38,160 --> 00:19:42,560
Speaker 3: says toynbe Idea in movie two thousand and one resurrect

408
00:19:42,720 --> 00:19:44,160
Speaker 3: dead on Jupiter.

409
00:19:45,119 --> 00:19:47,359
Speaker 4: Cool, right, really cool.

410
00:19:47,440 --> 00:19:49,520
Speaker 5: There's a couple other flavors of them, as well as

411
00:19:49,760 --> 00:19:51,639
Speaker 5: as the teg But I mean that this is the

412
00:19:51,680 --> 00:19:54,000
Speaker 5: main idea that toinby idea.

413
00:19:54,119 --> 00:19:56,919
Speaker 2: Yes, I mean it's we don't know, we don't know

414
00:19:56,960 --> 00:20:00,040
Speaker 2: who makes them, it's it's in English, it's using in

415
00:20:00,119 --> 00:20:03,000
Speaker 2: the alphabet. Well, does it mean that toy Bee felt

416
00:20:03,040 --> 00:20:05,600
Speaker 2: like he was plagiarized by Stanley Kubrick in two thousand

417
00:20:05,600 --> 00:20:06,560
Speaker 2: and one Space Odyssey?

418
00:20:06,720 --> 00:20:08,720
Speaker 1: Was there resurrecting of dead on Jupiter and Space?

419
00:20:09,119 --> 00:20:13,439
Speaker 2: Really really not in the inta theatrical release. But then

420
00:20:13,480 --> 00:20:16,640
Speaker 2: there are other works of art like the Codex Seraphinais

421
00:20:16,760 --> 00:20:21,960
Speaker 2: or the Yeah Yeah, they're purposely created to have some

422
00:20:22,000 --> 00:20:27,199
Speaker 2: sort of inscrutable language, and they are known to be

423
00:20:27,359 --> 00:20:31,520
Speaker 2: works of fiction. So does that mean then that the

424
00:20:31,560 --> 00:20:36,760
Speaker 2: world of Secret Signs and Symbols is relegated to relatively

425
00:20:36,800 --> 00:20:41,000
Speaker 2: cerebral works of art or the fringes of mainstream culture.

426
00:20:41,440 --> 00:20:43,439
Speaker 3: I'm gonna say no this time because I feel like

427
00:20:43,840 --> 00:20:45,000
Speaker 3: that's probably a better answer.

428
00:20:45,440 --> 00:20:47,040
Speaker 1: Yeah, we can move on, we can move forward to

429
00:20:47,080 --> 00:20:48,760
Speaker 1: the next thing that they're relegated to. Yeah.

430
00:20:48,840 --> 00:20:52,440
Speaker 2: Yeah, So the world of Secret Symbols actually goes much much, much,

431
00:20:52,520 --> 00:20:55,720
Speaker 2: much much deeper. In fact, as we all came to

432
00:20:55,960 --> 00:20:59,600
Speaker 2: Terminal West tonight, we may well have carried some of

433
00:20:59,640 --> 00:21:03,600
Speaker 2: the world's most famous agglomerations of secret symbols with us

434
00:21:03,960 --> 00:21:07,760
Speaker 2: in our pockets, in our wallets, and our purses, in

435
00:21:07,840 --> 00:21:10,400
Speaker 2: our fanny packs. I hear those are making a comeback.

436
00:21:10,520 --> 00:21:11,680
Speaker 1: I'm a fan of the fanny pack.

437
00:21:11,720 --> 00:21:16,359
Speaker 5: I mean it's a utilitarian yet stylish accessory. And I

438
00:21:16,720 --> 00:21:18,199
Speaker 5: have no problem with the fanny pack. You can wear

439
00:21:18,240 --> 00:21:20,040
Speaker 5: it on the side, it on the back, wear it

440
00:21:20,040 --> 00:21:20,440
Speaker 5: on the front.

441
00:21:20,480 --> 00:21:27,720
Speaker 2: What so, according to numerous critics, the most powerful secret symbols.

442
00:21:27,359 --> 00:21:31,560
Speaker 1: Anti fanny pack? Man, what's your problem? Because we already

443
00:21:31,680 --> 00:21:33,720
Speaker 1: we already got you a present?

444
00:21:33,800 --> 00:21:34,320
Speaker 3: Are you gonna?

445
00:21:34,440 --> 00:21:35,159
Speaker 4: Are you serious?

446
00:21:35,200 --> 00:21:36,439
Speaker 1: It's a Gucci bag.

447
00:21:36,200 --> 00:21:40,639
Speaker 3: It's okay, I would wear, I would wear, but.

448
00:21:40,720 --> 00:21:43,920
Speaker 2: It will just please really really good. Yeah, please exercise.

449
00:21:44,080 --> 00:21:46,480
Speaker 2: Oh my gosh, you got okay when we get the

450
00:21:46,560 --> 00:21:50,640
Speaker 2: fanny pack. But uh, but it does go much deeper

451
00:21:51,160 --> 00:21:55,800
Speaker 2: because these secret symbols, the people who argue are are

452
00:21:55,840 --> 00:21:59,800
Speaker 2: the most powerful in our world today, are on something

453
00:22:00,440 --> 00:22:03,679
Speaker 2: we and you and your fellow Americans carry with you

454
00:22:04,119 --> 00:22:07,840
Speaker 2: every single moment theoretically, and it's a weird thing. It's

455
00:22:07,840 --> 00:22:10,800
Speaker 2: a really dirty thing. About forty percent of it carries

456
00:22:10,880 --> 00:22:14,639
Speaker 2: traces of fecal matter. Yeah, yeah, yeah, it's true, but

457
00:22:15,359 --> 00:22:18,840
Speaker 2: as we are recording this right now, statistically speaking, people

458
00:22:18,840 --> 00:22:21,640
Speaker 2: are literally murdering one another for a chance.

459
00:22:21,440 --> 00:22:21,960
Speaker 1: To touch it.

460
00:22:24,400 --> 00:22:28,240
Speaker 2: Just you wait, right, eighty percent of it carries traces

461
00:22:28,280 --> 00:22:31,360
Speaker 2: of cocaine. These are both conservative estimates, by the way,

462
00:22:31,560 --> 00:22:34,040
Speaker 2: despite the fact that possession of this drug carries very

463
00:22:34,040 --> 00:22:38,040
Speaker 2: harsh consequences conspiracy realists, we are talking about by far,

464
00:22:38,200 --> 00:22:42,040
Speaker 2: the most ubiquitous medium for hidden symbols in the Western world.

465
00:22:42,280 --> 00:22:45,320
Speaker 2: It is the US dollar. Feel free to take one

466
00:22:45,320 --> 00:22:49,800
Speaker 2: out after you heard the statistics about shit, and if

467
00:22:49,880 --> 00:22:52,200
Speaker 2: you have it, check the designs as well.

468
00:22:52,680 --> 00:22:56,000
Speaker 1: Story it smells. You don't have to. Oh my god, dude,

469
00:22:56,359 --> 00:22:58,080
Speaker 1: did you not hear the stats? Ready?

470
00:22:58,080 --> 00:22:58,280
Speaker 4: Ago?

471
00:22:58,320 --> 00:22:59,000
Speaker 1: Are you're not paying a.

472
00:22:59,000 --> 00:23:00,760
Speaker 4: Sixty doesn't contain?

473
00:23:00,880 --> 00:23:03,440
Speaker 5: Okay, well, I mean it's better than that I heard

474
00:23:03,560 --> 00:23:06,080
Speaker 5: was like one hundred and twenty percent cocaine.

475
00:23:06,240 --> 00:23:10,320
Speaker 1: That checks out? You do, do you? But I'm gonna yeah.

476
00:23:10,400 --> 00:23:12,640
Speaker 2: So if you've if you've seen the back of one

477
00:23:12,680 --> 00:23:15,440
Speaker 2: dollar bill, If you have, your odds are pretty good

478
00:23:15,960 --> 00:23:18,760
Speaker 2: as far as not touching poop on balance, If you

479
00:23:18,760 --> 00:23:20,760
Speaker 2: want to hold this with us, uh, if you've ever

480
00:23:20,800 --> 00:23:23,960
Speaker 2: seen the back of this bill, one thing will immediately

481
00:23:24,000 --> 00:23:29,920
Speaker 2: stick out. It's engraved with a gigantic stone pyramid, similar

482
00:23:29,920 --> 00:23:32,400
Speaker 2: to what you would see in Egypt. There's a desert,

483
00:23:32,520 --> 00:23:34,600
Speaker 2: the whole nine. That's weird.

484
00:23:35,160 --> 00:23:37,920
Speaker 3: Oh that's so regular and just a giant pyramid. It's fine,

485
00:23:38,040 --> 00:23:38,520
Speaker 3: it's fine.

486
00:23:38,840 --> 00:23:39,080
Speaker 1: Yeah.

487
00:23:39,560 --> 00:23:43,720
Speaker 2: Pyramids are like a classic move architecturally speaking, right, dude, yes,

488
00:23:43,920 --> 00:23:46,440
Speaker 2: but there's something different about this pyramid.

489
00:23:46,480 --> 00:23:46,640
Speaker 1: Right.

490
00:23:46,680 --> 00:23:50,679
Speaker 2: Instead of a normal capstone, there's a floating capstone suspended

491
00:23:50,720 --> 00:23:53,400
Speaker 2: in mid air with this all seen eye just sort

492
00:23:53,440 --> 00:23:55,600
Speaker 2: of staring out at you, kind of like the uh,

493
00:23:55,960 --> 00:23:58,520
Speaker 2: the Eye of Souron and Lord of the Rings. Yeah,

494
00:23:59,240 --> 00:24:03,119
Speaker 2: mystical shit. Yeah, I mean it's weird. It's not quite

495
00:24:03,160 --> 00:24:05,840
Speaker 2: on brand with the US. It really does stare right

496
00:24:06,160 --> 00:24:07,400
Speaker 2: right at you and like.

497
00:24:07,400 --> 00:24:09,960
Speaker 5: It follows you when you move around the room, which

498
00:24:10,040 --> 00:24:11,760
Speaker 5: is weird considering how small it is.

499
00:24:11,880 --> 00:24:16,199
Speaker 2: Right right, and this symbol, this symbol has several names.

500
00:24:16,520 --> 00:24:19,719
Speaker 2: One of the most popular names comes from Christian mythology.

501
00:24:19,800 --> 00:24:23,040
Speaker 2: It's called the Eye of Providence. And usually when we

502
00:24:23,240 --> 00:24:27,800
Speaker 2: are looking into early Christian mythology and folklore, we defer

503
00:24:27,920 --> 00:24:30,320
Speaker 2: to Matt. So Matt, okay, not to put you on

504
00:24:30,359 --> 00:24:32,119
Speaker 2: the spot, but to put you on the spot in

505
00:24:32,119 --> 00:24:35,119
Speaker 2: front of a bunch of people. What's the eye of Providence?

506
00:24:35,359 --> 00:24:37,960
Speaker 3: Oh well, in this case, we're talking about the symbol

507
00:24:37,960 --> 00:24:40,840
Speaker 3: of a triangle. Right, triangle has three angles to it,

508
00:24:40,920 --> 00:24:44,040
Speaker 3: three sides. M What could that mean? It's probably the

509
00:24:44,119 --> 00:24:48,240
Speaker 3: three aspects of God? Right, father son, you can say

510
00:24:48,240 --> 00:24:49,640
Speaker 3: it with me? Holy Spirit?

511
00:24:49,840 --> 00:24:54,320
Speaker 1: Why does Holy Spirit get too? They said, people do that.

512
00:24:55,840 --> 00:25:01,600
Speaker 1: It's goods. There's this.

513
00:25:02,040 --> 00:25:04,800
Speaker 2: One of the first known appearances of this comes in

514
00:25:04,960 --> 00:25:08,679
Speaker 2: a painting called The Supper of Emmaeus, created by a

515
00:25:08,680 --> 00:25:11,640
Speaker 2: guy named Caravaggio for the Carthusians in like.

516
00:25:11,720 --> 00:25:15,480
Speaker 1: Fifteen twenty five. But it's not super blatant.

517
00:25:15,480 --> 00:25:17,560
Speaker 5: Oh this is the one though, that contains that there's

518
00:25:17,640 --> 00:25:19,640
Speaker 5: rays of light that we talked about. Oh yeah, yeah,

519
00:25:19,640 --> 00:25:23,200
Speaker 5: I mentioned exactly that emanating from this this triangle, and

520
00:25:23,320 --> 00:25:25,920
Speaker 5: this painting is what first featured that in Like, I

521
00:25:25,920 --> 00:25:28,160
Speaker 5: think it's a reflection through a glass or something. It's

522
00:25:28,160 --> 00:25:31,120
Speaker 5: pretty subtle, but it's meant to be like this divine

523
00:25:31,240 --> 00:25:32,359
Speaker 5: light of Christ.

524
00:25:32,920 --> 00:25:38,399
Speaker 2: Somewhat cool, you might say, occluded. Yeah, So if you

525
00:25:38,480 --> 00:25:41,639
Speaker 2: go even further back in history you will see that

526
00:25:41,680 --> 00:25:44,760
Speaker 2: this wasn't always called the eye of Providence. It does

527
00:25:45,600 --> 00:25:51,760
Speaker 2: have some sort of folkloric precedence. Let's say in Egypt.

528
00:25:52,440 --> 00:25:54,159
Speaker 4: Oh, yeah, you're talking about the eye of Horace.

529
00:25:54,359 --> 00:25:59,560
Speaker 3: I am a different god horse, a sky god, sky

530
00:25:59,640 --> 00:26:02,480
Speaker 3: god that was represented by that eye. You've probably seen

531
00:26:02,520 --> 00:26:05,119
Speaker 3: it before. It looks like it has some really killer

532
00:26:05,160 --> 00:26:06,159
Speaker 3: eyeshadow going on.

533
00:26:07,080 --> 00:26:09,359
Speaker 1: Yeah, you've probably seen its, like a smoky eye. It

534
00:26:09,440 --> 00:26:11,840
Speaker 1: is really nice smoke, sultry. Yeah.

535
00:26:11,880 --> 00:26:15,600
Speaker 3: I learned a lot from my wife about eyeshadow. It's important,

536
00:26:15,720 --> 00:26:20,760
Speaker 3: it's important stuff. But this, this horse, this god horse

537
00:26:20,840 --> 00:26:28,959
Speaker 3: is also sometimes often depicted as a falcon. Uh, you're alive, well,

538
00:26:29,000 --> 00:26:31,399
Speaker 3: and you may you may notice on the other side

539
00:26:31,400 --> 00:26:32,760
Speaker 3: of the bill that we're going to talk about a

540
00:26:32,800 --> 00:26:36,440
Speaker 3: little later. Uh, there's a big old eagle hanging out.

541
00:26:37,040 --> 00:26:37,159
Speaker 1: Hm.

542
00:26:37,240 --> 00:26:37,320
Speaker 7: Hm.

543
00:26:37,520 --> 00:26:39,680
Speaker 5: You think he's got a name, like an official name

544
00:26:39,840 --> 00:26:43,439
Speaker 5: in the parlance of this this symbolism and imagery.

545
00:26:43,480 --> 00:26:48,199
Speaker 2: What greg Gregory Gregory? Okay, Yeah, that checks out. Yeah, okay,

546
00:26:48,240 --> 00:26:51,520
Speaker 2: so Gregory the Eagle, Gregory the Eagle. Let's fast forward

547
00:26:51,560 --> 00:26:55,040
Speaker 2: to the United States. How did this weird symbol end

548
00:26:55,119 --> 00:26:59,000
Speaker 2: up on the dollars that we're trading and apparently pooping

549
00:26:59,000 --> 00:27:03,520
Speaker 2: on every day? It's weird. Sorry, it wasn't always there.

550
00:27:03,840 --> 00:27:07,199
Speaker 2: The eye itself was not originally on the dollar. The

551
00:27:07,200 --> 00:27:09,280
Speaker 2: pyramid and the Eye are both part of a much

552
00:27:09,400 --> 00:27:13,280
Speaker 2: older thing called the Great Seal. Way back in seventeen

553
00:27:13,400 --> 00:27:17,760
Speaker 2: seventy six, around July fourth Surprise, Benjamin Franklin and John

554
00:27:17,800 --> 00:27:20,640
Speaker 2: Adams and a few others were thinking to each other,

555
00:27:21,560 --> 00:27:25,480
Speaker 2: how do we make these thirteen states look more like

556
00:27:25,560 --> 00:27:26,320
Speaker 2: more legit?

557
00:27:26,640 --> 00:27:26,920
Speaker 1: Yeah?

558
00:27:27,119 --> 00:27:29,440
Speaker 2: Yeah, like how do we we want to make an impression?

559
00:27:29,480 --> 00:27:32,360
Speaker 1: You know what? We should we branding. We need branding.

560
00:27:32,359 --> 00:27:35,119
Speaker 2: We should get a stamp, you guys, like, let's stamp

561
00:27:35,200 --> 00:27:38,040
Speaker 2: some stuff, you know. And so they came up with

562
00:27:38,080 --> 00:27:42,399
Speaker 2: this Great Seal. It's approved on what June twentieth, seventeen eighty.

563
00:27:42,119 --> 00:27:43,200
Speaker 4: Two, correct.

564
00:27:43,800 --> 00:27:46,800
Speaker 3: And these symbols themselves are supposed to reflect the beliefs

565
00:27:46,800 --> 00:27:50,360
Speaker 3: of the founding fathers, some pretty standard I would say,

566
00:27:50,359 --> 00:27:52,400
Speaker 3: beliefs when you're creating a new country.

567
00:27:53,560 --> 00:27:54,719
Speaker 4: What are these beliefs?

568
00:27:55,240 --> 00:28:02,280
Speaker 3: Independence, enlightenment, Right, these are important things. But those two

569
00:28:02,359 --> 00:28:05,200
Speaker 3: ideas have something in common with a lot of movements,

570
00:28:05,280 --> 00:28:07,679
Speaker 3: or a big movement that was occurring around that same time.

571
00:28:08,080 --> 00:28:11,800
Speaker 2: Yeah, someone in the audience right now is like Freemasons,

572
00:28:12,119 --> 00:28:14,760
Speaker 2: I know it. I know they were free. I see, Yeah,

573
00:28:14,840 --> 00:28:15,920
Speaker 2: thanks for coming, Matt.

574
00:28:16,200 --> 00:28:17,359
Speaker 4: Do we have any freemasons?

575
00:28:18,560 --> 00:28:20,119
Speaker 1: Is it your grandpapa freemason?

576
00:28:20,160 --> 00:28:22,399
Speaker 3: Now there was some association with my family.

577
00:28:24,280 --> 00:28:25,840
Speaker 1: Is that all you can say?

578
00:28:25,920 --> 00:28:26,720
Speaker 3: That's all I'm gonna say.

579
00:28:26,760 --> 00:28:29,240
Speaker 2: We asked him this question every show. I'm cool though,

580
00:28:29,280 --> 00:28:32,119
Speaker 2: I'm cool. Yeah, yeah, because is it like copper rules?

581
00:28:32,119 --> 00:28:33,679
Speaker 2: Do you have to tell us that you're a mason

582
00:28:33,720 --> 00:28:34,440
Speaker 2: if we ask them?

583
00:28:36,800 --> 00:28:38,440
Speaker 1: All? Right? Moving on, moving on.

584
00:28:38,600 --> 00:28:40,920
Speaker 2: So, the front of the seal, as you said, Matt,

585
00:28:40,920 --> 00:28:44,160
Speaker 2: depicts a bald eagle holding an olive branch and one

586
00:28:44,240 --> 00:28:48,320
Speaker 2: claw and and arrows in the other right, piece of

587
00:28:48,440 --> 00:28:52,320
Speaker 2: war cool, I get it. Dichotomies. That's tight. But the

588
00:28:53,680 --> 00:28:56,240
Speaker 2: but the reverse side, the back of the seal is

589
00:28:56,280 --> 00:28:59,400
Speaker 2: what shows the pyramid and the eye. And the founding

590
00:28:59,440 --> 00:29:03,680
Speaker 2: fathers said, oh, this represents strength and durability. And they're like,

591
00:29:03,680 --> 00:29:06,600
Speaker 2: why is the cap still floating? That's weird And they're like, ah,

592
00:29:06,880 --> 00:29:12,640
Speaker 2: it's because the pyramid's unfinished, because you guys, the nation's unfinished.

593
00:29:12,920 --> 00:29:16,360
Speaker 2: And they were and Benjamin Franklin is probably like, oh,

594
00:29:16,640 --> 00:29:19,560
Speaker 2: think about it, because he's totally that type.

595
00:29:19,440 --> 00:29:20,840
Speaker 1: You know what I mean. Yeah, he was kind of

596
00:29:20,840 --> 00:29:24,000
Speaker 1: an actually kind of dude. He was, so actually that's

597
00:29:24,040 --> 00:29:24,560
Speaker 1: like his thing.

598
00:29:25,080 --> 00:29:27,959
Speaker 2: So if you go to the Bureau of Engraving and Printing,

599
00:29:28,000 --> 00:29:30,560
Speaker 2: those are the people who make these coupons today. If

600
00:29:30,600 --> 00:29:33,320
Speaker 2: you go to the Bureau of Engraving and Printing, you'll

601
00:29:33,320 --> 00:29:35,080
Speaker 2: find it's not on the official tour.

602
00:29:35,120 --> 00:29:35,920
Speaker 1: Are you taking this tour?

603
00:29:36,200 --> 00:29:36,720
Speaker 2: Yeah?

604
00:29:37,160 --> 00:29:38,600
Speaker 1: Is it? Is it cool? Yeah?

605
00:29:38,640 --> 00:29:41,800
Speaker 2: It's dope, man, Okay, I should go. Yeah, you should

606
00:29:41,800 --> 00:29:43,240
Speaker 2: stally go take a date or something.

607
00:29:43,280 --> 00:29:45,719
Speaker 5: But what what question do I ask to get like

608
00:29:45,800 --> 00:29:49,200
Speaker 5: the real line, not just the official party line.

609
00:29:49,280 --> 00:29:51,680
Speaker 1: Who do I talk to? And what do I say? Yeah?

610
00:29:51,720 --> 00:29:54,920
Speaker 2: Well, if you find one of the employees just sort

611
00:29:54,920 --> 00:29:57,680
Speaker 2: of hanging out off the record, they're like, I don't know,

612
00:29:57,920 --> 00:29:59,400
Speaker 2: subway or five guys.

613
00:29:59,200 --> 00:30:02,200
Speaker 5: Because they're underpaid and they're just willing to dish. So yeah, okay,

614
00:30:02,280 --> 00:30:03,240
Speaker 5: so yeah, what do they say?

615
00:30:03,320 --> 00:30:05,719
Speaker 2: And then probably you're you're really good with strangers, they

616
00:30:05,720 --> 00:30:07,320
Speaker 2: probably want to talk to and that's very kind.

617
00:30:07,600 --> 00:30:09,440
Speaker 1: That's true, it's true. What's what's the uficial?

618
00:30:09,560 --> 00:30:12,000
Speaker 2: Okay? So the unofficial stuff is pretty much the party

619
00:30:12,040 --> 00:30:14,280
Speaker 2: line we discussed earlier. The pyramids meant in some way

620
00:30:14,320 --> 00:30:17,480
Speaker 2: to symbolize the lasting power of the US, similar to

621
00:30:17,520 --> 00:30:19,840
Speaker 2: the way the Pyramids of Old with the test of

622
00:30:19,920 --> 00:30:20,600
Speaker 2: time time.

623
00:30:20,960 --> 00:30:21,960
Speaker 3: Yeah, and you.

624
00:30:21,920 --> 00:30:23,000
Speaker 4: Know, you know what I found out today.

625
00:30:23,360 --> 00:30:25,680
Speaker 3: If you go to the Federal Reserve in Atlanta and

626
00:30:25,720 --> 00:30:29,040
Speaker 3: you take a tour, it's the National Monetary Museum. You

627
00:30:29,160 --> 00:30:32,160
Speaker 3: actually will they'll give you a bag of money when

628
00:30:32,160 --> 00:30:32,560
Speaker 3: you leave.

629
00:30:32,880 --> 00:30:33,400
Speaker 2: Shredd up.

630
00:30:33,520 --> 00:30:34,440
Speaker 4: Yeah, it shredded though.

631
00:30:34,720 --> 00:30:37,320
Speaker 1: That kind of sucks, but that's kind of interesting, right.

632
00:30:38,080 --> 00:30:38,360
Speaker 4: All right.

633
00:30:38,400 --> 00:30:40,800
Speaker 1: You can't like, you can't like tape it back together.

634
00:30:41,160 --> 00:30:43,240
Speaker 2: You you have to be very good.

635
00:30:43,240 --> 00:30:46,640
Speaker 5: It's probably really thin shreds. They probably have really solid

636
00:30:46,680 --> 00:30:47,760
Speaker 5: industrial shredders there.

637
00:30:47,760 --> 00:30:50,560
Speaker 1: They would have to. Yeah.

638
00:30:50,400 --> 00:30:52,520
Speaker 2: Uh, let us know if you do tape back a

639
00:30:52,600 --> 00:30:55,040
Speaker 2: dollar and tell us where to bring them. Just by

640
00:30:55,080 --> 00:30:58,360
Speaker 2: the way. Uh So the actual dollar, the actual dollar,

641
00:30:58,480 --> 00:31:01,880
Speaker 2: the one you saw, pyramid eagle, all the weird stuff.

642
00:31:01,920 --> 00:31:04,400
Speaker 2: There's a hidden owl or spider in there as well.

643
00:31:05,280 --> 00:31:07,800
Speaker 2: It didn't come about until nineteen thirty five. There's a

644
00:31:07,800 --> 00:31:12,600
Speaker 2: guy named Henry Wallace, and he is the Secretary of Agriculture,

645
00:31:12,680 --> 00:31:16,880
Speaker 2: which has nothing to do with anything under President Roosevelt.

646
00:31:17,160 --> 00:31:19,560
Speaker 2: And he sees a pamphlet on the Great Seal, and

647
00:31:19,600 --> 00:31:24,440
Speaker 2: we have a factually accurate historical reenactment of this. He

648
00:31:24,480 --> 00:31:27,720
Speaker 2: walks up to the President and he's like, hey, Rosie boy,

649
00:31:27,840 --> 00:31:30,320
Speaker 2: you know I saw this thing about the Great Seal.

650
00:31:30,400 --> 00:31:34,200
Speaker 2: It's got the motto it's a novas Ordo seclorum now

651
00:31:34,320 --> 00:31:36,720
Speaker 2: Order of the Ages. That's kind of like you think you.

652
00:31:36,680 --> 00:31:38,640
Speaker 1: Know, what was he like in the Mafia?

653
00:31:38,960 --> 00:31:39,200
Speaker 8: Yeah?

654
00:31:39,400 --> 00:31:41,240
Speaker 1: Yeah, yeah, this version. Yeah.

655
00:31:41,400 --> 00:31:43,680
Speaker 2: And he's like, it's like new Deal of the Ages.

656
00:31:43,840 --> 00:31:44,560
Speaker 2: This is perfect.

657
00:31:44,720 --> 00:31:47,400
Speaker 5: Yeah, and then Roosevelt says, never call me Rosie boy

658
00:31:47,880 --> 00:31:48,480
Speaker 5: ever again.

659
00:31:48,520 --> 00:31:50,520
Speaker 1: And then he punches in, but he's like, but cool, idea,

660
00:31:50,520 --> 00:31:51,600
Speaker 1: I like this, let's go for him.

661
00:31:51,640 --> 00:31:54,440
Speaker 2: Yeah, and Wallace is like, you know, we should put

662
00:31:54,480 --> 00:31:56,640
Speaker 2: that on a coin or something. That would be dope.

663
00:31:56,680 --> 00:31:58,800
Speaker 2: People love that kind of thing, you know. And then

664
00:31:58,880 --> 00:32:02,000
Speaker 2: Roosevelt they're collectible. They're collectible, you know, they're like the

665
00:32:02,040 --> 00:32:03,000
Speaker 2: original POGs.

666
00:32:03,200 --> 00:32:06,000
Speaker 5: But no, no, Roosevelt says, I will do you one better,

667
00:32:06,360 --> 00:32:08,600
Speaker 5: my good sir, And he says, we're going to put

668
00:32:08,640 --> 00:32:12,200
Speaker 5: it on the most circulated piece of American currency that exists,

669
00:32:12,240 --> 00:32:13,240
Speaker 5: which is the dollar.

670
00:32:13,560 --> 00:32:18,320
Speaker 3: Yes, in this case the one dollar silver certificate.

671
00:32:18,120 --> 00:32:20,880
Speaker 2: Right, which means that in nineteen thirty five, when this

672
00:32:20,960 --> 00:32:24,240
Speaker 2: thing came out theoretically on paper and hopefully in practice,

673
00:32:24,400 --> 00:32:25,960
Speaker 2: you could walk to some point and you could be like,

674
00:32:26,280 --> 00:32:30,360
Speaker 2: here's the thing, give me this much silver, and they

675
00:32:30,360 --> 00:32:32,800
Speaker 2: would be like, well, he's got the certificate or she's

676
00:32:32,800 --> 00:32:35,360
Speaker 2: got the certificate. They would give you silver, which was

677
00:32:35,960 --> 00:32:37,760
Speaker 2: a big deal. I guess yeah, you could.

678
00:32:37,880 --> 00:32:40,120
Speaker 3: You could kill a lot of werewolves if you had

679
00:32:40,200 --> 00:32:40,840
Speaker 3: enough dollars.

680
00:32:41,120 --> 00:32:43,760
Speaker 1: Huge problem. There was a werewolf epidemic in this Yeah,

681
00:32:43,880 --> 00:32:44,800
Speaker 1: it was hard time.

682
00:32:44,800 --> 00:32:48,320
Speaker 2: It's true. There's a documentary about that properly. But so

683
00:32:48,840 --> 00:32:52,120
Speaker 2: so now the question is there are no more silver certificates, right,

684
00:32:52,360 --> 00:32:54,720
Speaker 2: at least actionable silver certificates.

685
00:32:55,000 --> 00:32:56,880
Speaker 1: So what does this.

686
00:32:56,840 --> 00:32:59,560
Speaker 2: Dollar that we've been discussing stand for, like in the

687
00:32:59,600 --> 00:33:02,560
Speaker 2: real world old what is its value based on?

688
00:33:03,240 --> 00:33:04,720
Speaker 4: It's a fiat currency.

689
00:33:05,000 --> 00:33:07,280
Speaker 3: I know everybody in this room knows this, but we're

690
00:33:07,280 --> 00:33:10,800
Speaker 3: gonna talk about it because we really got to hit

691
00:33:10,880 --> 00:33:12,760
Speaker 3: it home for the rest of this episode.

692
00:33:12,760 --> 00:33:15,000
Speaker 2: Okay, Yeah, currency is not an automobile.

693
00:33:15,240 --> 00:33:20,080
Speaker 3: No, No, it's not beautiful, cute little automobiles. You'll you'll

694
00:33:20,120 --> 00:33:22,760
Speaker 3: often hear people talk about this, how the US dollar

695
00:33:22,960 --> 00:33:26,080
Speaker 3: is a fiat currency, and that just means that the

696
00:33:26,520 --> 00:33:29,440
Speaker 3: what this is worth. It's not backed up by any

697
00:33:29,760 --> 00:33:32,880
Speaker 3: kind of metal or anything like that. It's just it

698
00:33:32,920 --> 00:33:36,200
Speaker 3: has value because some authority figure in this case, a government,

699
00:33:36,320 --> 00:33:40,680
Speaker 3: says that it has value. It's literally a faith rectangle.

700
00:33:40,960 --> 00:33:41,840
Speaker 3: That's what this is.

701
00:33:42,120 --> 00:33:43,520
Speaker 1: It's an article of faith.

702
00:33:44,040 --> 00:33:47,720
Speaker 2: We all agreed, and I don't want to call anybody out,

703
00:33:47,800 --> 00:33:50,320
Speaker 2: so I'll call all of us out. We all agreed

704
00:33:50,400 --> 00:33:53,800
Speaker 2: to continue to do agree that this thing is worth

705
00:33:53,960 --> 00:33:57,840
Speaker 2: a thing. We're like, everybody wants to be cool, everybody

706
00:33:57,840 --> 00:34:00,160
Speaker 2: wants to fit in. Someone's like, hey, I have like

707
00:34:00,200 --> 00:34:03,720
Speaker 2: twenty of these, and we're all like, oh, nice, good job.

708
00:34:03,840 --> 00:34:06,640
Speaker 2: That's way better than a bed bath and beyond coupon,

709
00:34:07,000 --> 00:34:10,160
Speaker 2: you know what I mean, has some really cool stuff.

710
00:34:10,200 --> 00:34:12,239
Speaker 2: They do have some steals, they have some buys.

711
00:34:12,480 --> 00:34:14,680
Speaker 3: If you're like my friend Alex over there, you can

712
00:34:14,800 --> 00:34:17,160
Speaker 3: gather up like one hundred two hundred thousand.

713
00:34:16,920 --> 00:34:19,600
Speaker 4: Of these and they will give you a house. Isn't

714
00:34:19,600 --> 00:34:20,120
Speaker 4: that crazy?

715
00:34:20,239 --> 00:34:23,320
Speaker 5: But if you paid in singles, can you imagine paying

716
00:34:23,360 --> 00:34:26,080
Speaker 5: for a house with dollars like in a big giant sack.

717
00:34:26,239 --> 00:34:28,440
Speaker 1: Yes, that would be a ball or move. I have

718
00:34:28,520 --> 00:34:29,680
Speaker 1: to say they'd have to.

719
00:34:29,600 --> 00:34:31,319
Speaker 2: Take it, but they would probably be like, oh, so

720
00:34:31,360 --> 00:34:32,239
Speaker 2: what drugs do you say?

721
00:34:32,320 --> 00:34:33,120
Speaker 1: They'd make a face.

722
00:34:33,520 --> 00:34:37,560
Speaker 5: Yeah, yeah, those dollars would probably be like ninety percent cocaine.

723
00:34:36,960 --> 00:34:41,239
Speaker 2: But it's imperative and crucial to remember that despite the

724
00:34:41,320 --> 00:34:46,239
Speaker 2: symbols this bears US currency, itself is a symbol of

725
00:34:46,320 --> 00:34:49,480
Speaker 2: something else, the power behind the paper, if you will.

726
00:34:49,760 --> 00:34:53,040
Speaker 2: It's it's something that is a boogeyman in so many

727
00:34:53,080 --> 00:34:56,759
Speaker 2: conspiracy theories ever since it's creation. It's something we call

728
00:34:57,120 --> 00:34:58,880
Speaker 2: the US Federal Reserve.

729
00:35:00,520 --> 00:35:02,680
Speaker 3: And we're going to talk about the Federal Reserve. Right

730
00:35:02,760 --> 00:35:04,360
Speaker 3: after a quick word from our.

731
00:35:04,280 --> 00:35:15,200
Speaker 2: Sponsor, we're live, okay, Oh oh yeah, jeez, I keep

732
00:35:15,239 --> 00:35:17,200
Speaker 2: for okay, all right, it's.

733
00:35:17,080 --> 00:35:18,680
Speaker 1: Really hard to break these habits. You know.

734
00:35:18,680 --> 00:35:20,520
Speaker 5: We usually we usually do this show like in a

735
00:35:20,800 --> 00:35:24,279
Speaker 5: in like a weird shipping container with no windows. I

736
00:35:24,280 --> 00:35:26,120
Speaker 5: don't really even know what time of day it is,

737
00:35:26,200 --> 00:35:28,680
Speaker 5: and we get an electric shock delivered to us by

738
00:35:28,680 --> 00:35:33,759
Speaker 5: Paul to break. So we're kind of like Pavlovian dogs

739
00:35:34,239 --> 00:35:35,600
Speaker 5: of podcasting.

740
00:35:35,080 --> 00:35:38,160
Speaker 2: Behaviorism, Like we're so trained when we're just hanging out,

741
00:35:38,239 --> 00:35:39,600
Speaker 2: we take commercial.

742
00:35:39,160 --> 00:35:42,080
Speaker 1: Breaks, but we're back, but we're back. We're back. Okay.

743
00:35:42,120 --> 00:35:43,280
Speaker 1: So here's how it started.

744
00:35:43,280 --> 00:35:47,440
Speaker 2: The US has an incredibly muddy history with the idea

745
00:35:47,480 --> 00:35:51,160
Speaker 2: of central banks. That's what the Federal Reserve is. A

746
00:35:51,280 --> 00:35:54,839
Speaker 2: central bank is just a financial institution that's supposed to

747
00:35:54,880 --> 00:35:58,600
Speaker 2: make sure the coupons a country uses will retain the

748
00:35:58,680 --> 00:36:01,840
Speaker 2: same value they had yesterday and have it in the

749
00:36:01,880 --> 00:36:05,040
Speaker 2: present day and have something like that tomorrow.

750
00:36:05,040 --> 00:36:06,439
Speaker 5: You made a face, But that's that was the train.

751
00:36:06,520 --> 00:36:08,960
Speaker 5: There's a train like right up there, and it occasionally

752
00:36:09,000 --> 00:36:09,560
Speaker 5: goes squeeze.

753
00:36:09,680 --> 00:36:11,640
Speaker 3: Well, I was trying to focus on what Ben was saying,

754
00:36:11,640 --> 00:36:12,920
Speaker 3: but yeah, the train freaked me out there.

755
00:36:12,840 --> 00:36:15,480
Speaker 1: A little bit. We'll go, we'll go look for hobo

756
00:36:15,560 --> 00:36:16,120
Speaker 1: code later.

757
00:36:16,480 --> 00:36:16,840
Speaker 4: Okay.

758
00:36:16,920 --> 00:36:17,160
Speaker 1: Yes.

759
00:36:17,640 --> 00:36:20,600
Speaker 2: So so the FED, it turns out, is not not

760
00:36:20,719 --> 00:36:21,839
Speaker 2: the first central bank.

761
00:36:22,120 --> 00:36:25,640
Speaker 1: In fact, it is the third. It's the third.

762
00:36:25,360 --> 00:36:29,880
Speaker 2: Try that our country has made of this, and the

763
00:36:29,880 --> 00:36:34,719
Speaker 2: the first one dates all the way back to Alexander Hamilton.

764
00:36:34,800 --> 00:36:36,000
Speaker 4: Alexander Hamilton.

765
00:36:36,080 --> 00:36:38,240
Speaker 5: You know, I think I figured out why lind Manuel

766
00:36:38,280 --> 00:36:41,520
Speaker 5: Miranda decided to write a musical about Alexander Hamilton, because

767
00:36:41,560 --> 00:36:44,400
Speaker 5: just the cadence of saying that name is just perfect.

768
00:36:45,160 --> 00:36:47,120
Speaker 1: Alexander, It's beautiful, It's.

769
00:36:47,000 --> 00:36:50,160
Speaker 5: Just a perfect name for a musical.

770
00:36:50,320 --> 00:36:56,480
Speaker 2: Yeah done, And you know, we all recognize Alexander Hamilton

771
00:36:56,600 --> 00:37:01,400
Speaker 2: from his recent renaissance in the world of musicals. It

772
00:37:01,400 --> 00:37:03,800
Speaker 2: turns out as a real person, actually did some stuff.

773
00:37:04,640 --> 00:37:07,640
Speaker 2: Was a It was the first Secretary of the Treasury,

774
00:37:08,120 --> 00:37:13,880
Speaker 2: and was super was was super perplexed and worried. After

775
00:37:13,960 --> 00:37:17,319
Speaker 2: the Revolutionary War, which on the other side of the

776
00:37:17,320 --> 00:37:21,479
Speaker 2: pond they call the America War of Independence, somebody asked

777
00:37:21,520 --> 00:37:26,080
Speaker 2: us that earlier, that's the actual It wasn't the peasants uprising, that's.

778
00:37:27,000 --> 00:37:30,040
Speaker 1: But it's still referred to that probably in some circles.

779
00:37:30,080 --> 00:37:36,040
Speaker 2: Oh sure, sure. And and so Hamilton believed that the

780
00:37:36,160 --> 00:37:41,440
Speaker 2: US needed some sort of banking authority because otherwise he

781
00:37:41,480 --> 00:37:44,359
Speaker 2: thought the country would be doomed. It turns out that

782
00:37:44,480 --> 00:37:49,360
Speaker 2: wars are crazy expensive, you know. And he envisioned this

783
00:37:49,440 --> 00:37:54,359
Speaker 2: bank as quote, a profit making institution, with private shareholders

784
00:37:54,360 --> 00:37:57,360
Speaker 2: holding full fifths of its stock and dilecting full fifths

785
00:37:57,440 --> 00:37:58,400
Speaker 2: of its directors.

786
00:37:58,920 --> 00:38:01,520
Speaker 1: It was just the ways all of our twist or something. Yeah,

787
00:38:01,680 --> 00:38:04,360
Speaker 1: this and this version is okay, it's pretty much twist.

788
00:38:04,360 --> 00:38:04,759
Speaker 1: I like you.

789
00:38:05,040 --> 00:38:07,400
Speaker 3: This is highly important, though, Let's not lose any of this.

790
00:38:07,600 --> 00:38:12,480
Speaker 3: A profit making institution, first of all, and four fifths

791
00:38:12,520 --> 00:38:17,120
Speaker 3: of its directors. It's stock and directors would be private shareholders.

792
00:38:17,280 --> 00:38:20,040
Speaker 3: Four fifths. That's a lot of private interest in this

793
00:38:20,160 --> 00:38:22,080
Speaker 3: giant profit making bank.

794
00:38:22,520 --> 00:38:24,640
Speaker 2: That that means, I mean, that is important, Matt. That

795
00:38:24,640 --> 00:38:29,400
Speaker 2: means that only twenty percent of the steering wheel and

796
00:38:29,440 --> 00:38:31,480
Speaker 2: they would have no idea what a steering wheel is.

797
00:38:31,600 --> 00:38:34,000
Speaker 2: Let's just be clear. It means like twenty percent of

798
00:38:34,040 --> 00:38:39,520
Speaker 2: the steering wheel belongs to the country affected by this concept.

799
00:38:39,760 --> 00:38:42,919
Speaker 2: And so we would imagine that Hamilton and co. Had

800
00:38:42,920 --> 00:38:45,440
Speaker 2: to come up with a really good pitch for this, right.

801
00:38:45,480 --> 00:38:47,359
Speaker 2: They were like, we need a name, like a real

802
00:38:47,480 --> 00:38:50,840
Speaker 2: banger name. It's it's the first It's the first central

803
00:38:50,840 --> 00:38:52,839
Speaker 2: Bank of the US. It's the first bank, first Bank,

804
00:38:52,880 --> 00:38:53,440
Speaker 2: first Bank.

805
00:38:53,880 --> 00:38:55,800
Speaker 4: How about the first bank?

806
00:38:56,040 --> 00:39:00,120
Speaker 2: Oh shit, great idea, right, drop it, Mike. It's so

807
00:39:00,120 --> 00:39:01,880
Speaker 2: they were like, that's the best, that's the best. A

808
00:39:01,920 --> 00:39:03,040
Speaker 2: burst of creativity.

809
00:39:03,560 --> 00:39:05,279
Speaker 5: Well, I mean it's descriptive, you know, I mean, I

810
00:39:05,320 --> 00:39:07,839
Speaker 5: guess they were just trying to be mutilitarian with their

811
00:39:07,920 --> 00:39:10,760
Speaker 5: naming conventions. And we'll see this carry on throughout the story.

812
00:39:10,880 --> 00:39:13,920
Speaker 5: But there were people who opposed this idea. We had

813
00:39:13,960 --> 00:39:17,440
Speaker 5: Thomas Jefferson, James Madison. They were super against it, but

814
00:39:17,640 --> 00:39:22,920
Speaker 5: despite their outrage, it was passed. It was created. In

815
00:39:23,239 --> 00:39:26,520
Speaker 5: seventeen ninety one, Congress granted the Bank of the United States,

816
00:39:26,520 --> 00:39:30,680
Speaker 5: the First Bank, a twenty year charter and to try it.

817
00:39:30,640 --> 00:39:32,360
Speaker 1: Out, just to try it out, just give it a go.

818
00:39:32,600 --> 00:39:35,960
Speaker 1: Just twenty. That's twenty. That's not a commitment, right, twenty.

819
00:39:36,040 --> 00:39:38,600
Speaker 3: So then the bank's charter comes up, right.

820
00:39:38,640 --> 00:39:42,080
Speaker 2: Yeah, in eighteen eleven, but this time James Madison is president.

821
00:39:42,360 --> 00:39:44,760
Speaker 2: This guy knows how to hold a grudge. He says,

822
00:39:45,040 --> 00:39:48,680
Speaker 2: no way, not happening. I'm in charge now. I don't

823
00:39:48,719 --> 00:39:51,400
Speaker 2: know what a steering will is, but I'm probably at it.

824
00:39:51,719 --> 00:39:54,160
Speaker 2: And we're not going to extend this bank. We are

825
00:39:54,200 --> 00:39:57,120
Speaker 2: firing the bank. Critics were on his side. They said

826
00:39:57,440 --> 00:40:02,160
Speaker 2: this was this was in furious to economic growth, it

827
00:40:02,239 --> 00:40:05,480
Speaker 2: was holding the nation back. But there's something else. This

828
00:40:05,520 --> 00:40:07,640
Speaker 2: is crazy that you won't find with a lot unless

829
00:40:07,680 --> 00:40:09,719
Speaker 2: you dig into it a little bit. Remember how we

830
00:40:09,760 --> 00:40:13,279
Speaker 2: talked earlier about four fifths of the First Bank being

831
00:40:13,280 --> 00:40:16,520
Speaker 2: held by private interests. Of that, of that eighty percent,

832
00:40:17,040 --> 00:40:20,440
Speaker 2: two thirds of the bank was owned by private British

833
00:40:20,440 --> 00:40:24,799
Speaker 2: and British interest Like, I'm stuttering a little because.

834
00:40:24,520 --> 00:40:27,200
Speaker 1: It's weird, right, It's like that's crazy.

835
00:40:27,320 --> 00:40:30,640
Speaker 2: Like imagine it's like imagine you get divorced with from

836
00:40:30,680 --> 00:40:33,440
Speaker 2: someone and you're like, you know, we've we've gotten divorced. Uh,

837
00:40:34,280 --> 00:40:35,560
Speaker 2: we should get a credit card.

838
00:40:36,120 --> 00:40:37,320
Speaker 1: Yeah, joint bank account.

839
00:40:37,360 --> 00:40:39,839
Speaker 5: Here, here's the keys to my house and you can,

840
00:40:39,920 --> 00:40:41,680
Speaker 5: you know, have like three fifths of my cat.

841
00:40:41,920 --> 00:40:43,560
Speaker 4: That sounds great, let's do it.

842
00:40:43,800 --> 00:40:45,960
Speaker 1: What a plan, right, And.

843
00:40:46,040 --> 00:40:48,640
Speaker 3: That's mind blowing to me. I had never known that

844
00:40:48,760 --> 00:40:51,600
Speaker 3: ever before. And it makes sense because a lot of

845
00:40:51,640 --> 00:40:54,520
Speaker 3: the money was was in British hands at this time, right,

846
00:40:54,800 --> 00:40:58,000
Speaker 3: but still to allow it to occur seems atrocious.

847
00:40:58,320 --> 00:40:59,319
Speaker 4: Well that's just me.

848
00:40:59,360 --> 00:41:05,360
Speaker 2: Maybe, and discontinues for about a year. In eighteen twelve,

849
00:41:05,920 --> 00:41:09,120
Speaker 2: something occurs with another very creative name.

850
00:41:09,640 --> 00:41:11,000
Speaker 4: Oh the War of eighteen twelve.

851
00:41:11,360 --> 00:41:13,400
Speaker 2: Yeah, it was a war, and they were like what

852
00:41:13,440 --> 00:41:19,640
Speaker 2: do we call it? So in eighteen twelve, President Madison

853
00:41:19,760 --> 00:41:22,399
Speaker 2: changes his mind and he says, I might not fully

854
00:41:22,480 --> 00:41:25,880
Speaker 2: agree with this thing, but we need something, we need something.

855
00:41:26,000 --> 00:41:27,920
Speaker 5: Well, it was because things have been relatively chill and

856
00:41:28,080 --> 00:41:30,360
Speaker 5: you know, there was peace time, and it was like,

857
00:41:30,400 --> 00:41:32,439
Speaker 5: you know, we don't need this bank, We're fine without it.

858
00:41:32,520 --> 00:41:34,719
Speaker 5: And then almost as though they were a pattern. War

859
00:41:34,760 --> 00:41:36,560
Speaker 5: flares up again, it's like, ah shit, we got to

860
00:41:36,600 --> 00:41:38,560
Speaker 5: figure out how to finance this. It's almost as that

861
00:41:38,640 --> 00:41:40,160
Speaker 5: we need some kind of central bank.

862
00:41:40,560 --> 00:41:44,120
Speaker 2: Yeah, so we'll make another one right right exactly, And

863
00:41:44,200 --> 00:41:46,879
Speaker 2: that's that's what they do. And they say, we can

864
00:41:46,920 --> 00:41:49,960
Speaker 2: only imagine. They say, well, that was that was kind

865
00:41:49,960 --> 00:41:52,680
Speaker 2: of dry the first run. That was of it's weird

866
00:41:52,719 --> 00:41:55,120
Speaker 2: that war turns out to be expensive. You don't really

867
00:41:55,160 --> 00:41:56,120
Speaker 2: get a price break.

868
00:41:56,400 --> 00:41:56,920
Speaker 1: Who knew.

869
00:41:57,360 --> 00:42:00,319
Speaker 2: And they're like, we need a better name, though, We

870
00:42:00,360 --> 00:42:06,120
Speaker 2: need a name that will inspire creativity, ambition, entrepreneurship.

871
00:42:06,200 --> 00:42:09,480
Speaker 1: The second Bank, that's it. That's it.

872
00:42:09,520 --> 00:42:11,759
Speaker 2: So in a burst of creativity, they're like, let's call

873
00:42:11,800 --> 00:42:12,680
Speaker 2: it the second Bank.

874
00:42:12,920 --> 00:42:15,000
Speaker 1: And you know what you're getting, you know, it's yeah,

875
00:42:15,320 --> 00:42:16,080
Speaker 1: it's what it says.

876
00:42:16,280 --> 00:42:19,520
Speaker 2: The ten right this last to eighteen thirty two branch

877
00:42:19,520 --> 00:42:23,560
Speaker 2: at President Andrew Jackson is in office and he's like, no,

878
00:42:24,080 --> 00:42:25,480
Speaker 2: this is malarkey.

879
00:42:25,840 --> 00:42:27,920
Speaker 1: I'm done with it. We're out of this.

880
00:42:28,040 --> 00:42:30,759
Speaker 2: As a result, the US had no central bank from

881
00:42:30,800 --> 00:42:35,400
Speaker 2: the mid eighteen thirties to nineteen thirteen, and during this

882
00:42:35,480 --> 00:42:38,680
Speaker 2: time numerous terrible, terrible things occurred.

883
00:42:39,040 --> 00:42:41,440
Speaker 3: Yeah, there were just crashes all over the place. We

884
00:42:41,480 --> 00:42:43,400
Speaker 3: don't even have to ramble them off. But it's like

885
00:42:43,440 --> 00:42:46,680
Speaker 3: eighteen seventy three, eighteen eighty four, eighteen ninety three, nineteen

886
00:42:46,719 --> 00:42:49,160
Speaker 3: oh one, nineteen oh three, and then this thing happens

887
00:42:49,160 --> 00:42:51,880
Speaker 3: in nineteen oh seven, called the Panic of nineteen oh seven,

888
00:42:52,080 --> 00:42:56,640
Speaker 3: which would lead to some serious, serious problems.

889
00:42:56,880 --> 00:42:57,560
Speaker 1: Yeah, it was.

890
00:42:57,800 --> 00:43:00,800
Speaker 2: It was sort of the feather on the financial camel's

891
00:43:01,000 --> 00:43:05,080
Speaker 2: back and the government, uh, the people in the government

892
00:43:05,200 --> 00:43:08,160
Speaker 2: looked around at each other, and they were like, umph,

893
00:43:08,520 --> 00:43:12,480
Speaker 2: something must be done for umph. And as so often

894
00:43:12,600 --> 00:43:16,920
Speaker 2: happens in American politics, everyone could agree there was a problem,

895
00:43:17,560 --> 00:43:20,120
Speaker 2: no one could agree how to solve it, and they

896
00:43:20,200 --> 00:43:22,080
Speaker 2: all hated each other.

897
00:43:22,239 --> 00:43:24,560
Speaker 3: That doesn't sound familiar at all.

898
00:43:24,120 --> 00:43:27,880
Speaker 2: Right, Right, So it was even a matter of calling

899
00:43:28,080 --> 00:43:30,440
Speaker 2: one party corrupt or one group corrupt.

900
00:43:31,239 --> 00:43:31,640
Speaker 1: It wasn't.

901
00:43:31,680 --> 00:43:34,520
Speaker 2: It was a matter of which pocket you were in there. Well,

902
00:43:34,560 --> 00:43:36,640
Speaker 2: you're in the pocket a special interest. Well you're in

903
00:43:36,640 --> 00:43:38,839
Speaker 2: the pocket of those fat cats at Wall Street. Well

904
00:43:38,880 --> 00:43:42,400
Speaker 2: I don't know which pocket you're in, but screw that pocket,

905
00:43:42,640 --> 00:43:42,840
Speaker 2: you know.

906
00:43:42,960 --> 00:43:43,200
Speaker 3: Yeah.

907
00:43:43,239 --> 00:43:43,439
Speaker 1: Yeah.

908
00:43:43,440 --> 00:43:46,839
Speaker 5: And this also trickled down to, like, you know, the citizenship.

909
00:43:46,920 --> 00:43:50,520
Speaker 5: I mean, people distrusted these fat cat bankers as you

910
00:43:50,840 --> 00:43:54,000
Speaker 5: refer to them a lot, and it was just there

911
00:43:54,040 --> 00:43:56,920
Speaker 5: was no support for this kind of situation.

912
00:43:57,160 --> 00:43:59,560
Speaker 2: Yeah, yeah, yeah. The years leading up to this, like

913
00:43:59,600 --> 00:44:04,040
Speaker 2: we've we've seen political satire cartoons in the New Yorker

914
00:44:04,040 --> 00:44:08,800
Speaker 2: and stuff. Back then they were insane, They were not subtle.

915
00:44:09,160 --> 00:44:14,120
Speaker 2: There was again like this top hat, monocled cane, sword

916
00:44:14,160 --> 00:44:18,319
Speaker 2: wielding banker guy coming out to Midwest America putting his

917
00:44:18,400 --> 00:44:21,440
Speaker 2: hand wrist deep in a baby's mouth pulling out food,

918
00:44:21,800 --> 00:44:23,719
Speaker 2: and people were like, what could be done?

919
00:44:24,320 --> 00:44:28,759
Speaker 3: Yeah, don't google those propaganda campaigns, Okay.

920
00:44:28,719 --> 00:44:29,560
Speaker 4: They just don't.

921
00:44:29,640 --> 00:44:32,800
Speaker 2: They're pretty racist. And there were also there were also

922
00:44:34,760 --> 00:44:39,040
Speaker 2: crazy protests, public outcry, what are we going to do?

923
00:44:39,080 --> 00:44:41,319
Speaker 2: You know what I mean? The nineteen thirties sees the

924
00:44:41,440 --> 00:44:44,960
Speaker 2: rise of a very serious progressive movement, and it's often

925
00:44:45,000 --> 00:44:49,880
Speaker 2: ignored in history books today. But even more importantly, the

926
00:44:50,040 --> 00:44:54,239
Speaker 2: same captains of industry, the same political titans who in

927
00:44:54,320 --> 00:44:59,200
Speaker 2: public hated and vilified one another, were meeting behind the scenes,

928
00:44:59,320 --> 00:45:01,919
Speaker 2: away from the public eye, and just a little bit,

929
00:45:02,960 --> 00:45:05,040
Speaker 2: just a little bit of a quieter pitch. They were

930
00:45:05,080 --> 00:45:10,000
Speaker 2: going for something must be done up.

931
00:45:10,680 --> 00:45:14,160
Speaker 5: We should maybe like do it so that it lines

932
00:45:14,200 --> 00:45:18,000
Speaker 5: our pockets and our political cronies pockets, and our banking

933
00:45:18,040 --> 00:45:21,360
Speaker 5: bro buddy pockets. Because we're all in a pocket, right,

934
00:45:21,520 --> 00:45:25,000
Speaker 5: everyone in a pocket we're.

935
00:45:23,680 --> 00:45:24,879
Speaker 1: Sticking with for the rest of this show.

936
00:45:25,040 --> 00:45:27,760
Speaker 5: So a guy named us, this is an important character

937
00:45:27,760 --> 00:45:30,240
Speaker 5: in the story, guy named Senator Nelson Aldrich. In nineteen

938
00:45:30,280 --> 00:45:34,080
Speaker 5: oh eight, he gathered a group of said banking bros

939
00:45:34,080 --> 00:45:37,160
Speaker 5: and political cronies. Uh, and he called it the National

940
00:45:37,239 --> 00:45:43,440
Speaker 5: Monetary Commission. And the idea was to study potential economic reforms,

941
00:45:43,480 --> 00:45:44,920
Speaker 5: reforms to the financial system.

942
00:45:44,960 --> 00:45:47,120
Speaker 3: And there's nothing wrong with that, right, Sure, something must

943
00:45:47,160 --> 00:45:49,759
Speaker 3: be done. Okay, let's take some action. Let's let's bring

944
00:45:49,840 --> 00:45:52,120
Speaker 3: private and public interest together and figure out what needs

945
00:45:52,160 --> 00:45:52,680
Speaker 3: to be done.

946
00:45:52,760 --> 00:45:55,120
Speaker 4: A noble pursuit, there we go.

947
00:45:55,239 --> 00:45:58,279
Speaker 2: Yeah, chin up right, And so for two years, the

948
00:45:58,360 --> 00:46:03,279
Speaker 2: National Monetary Commission investigates this idea of central banks in

949
00:46:03,320 --> 00:46:06,680
Speaker 2: another country? How do you replicate that? How do I

950
00:46:06,719 --> 00:46:09,200
Speaker 2: don't want to be too divisive yet and say, I

951
00:46:09,200 --> 00:46:11,600
Speaker 2: think they were like, how do you make money off this?

952
00:46:11,640 --> 00:46:15,960
Speaker 2: As Noel was saying in November of nineteen ten. Two

953
00:46:16,040 --> 00:46:19,440
Speaker 2: years later, Senator Nelson, we'll just call him by his

954
00:46:19,480 --> 00:46:22,000
Speaker 2: first name for now and I'll come into play later.

955
00:46:22,360 --> 00:46:27,600
Speaker 2: Nelson is in the midst of financial disaster. People are

956
00:46:27,680 --> 00:46:32,000
Speaker 2: literally starving, and he says, you know what, I know,

957
00:46:32,440 --> 00:46:34,600
Speaker 2: I'm a senator and it's my job to take care

958
00:46:34,640 --> 00:46:37,719
Speaker 2: of the American public. But I'm going to take some

959
00:46:37,880 --> 00:46:40,560
Speaker 2: me time, you know, like I'm gonna like, when's the

960
00:46:40,640 --> 00:46:43,640
Speaker 2: last time you just travel for fun? I'm gonna take

961
00:46:43,640 --> 00:46:47,160
Speaker 2: a field trip. And this wasn't widely reported in the

962
00:46:47,320 --> 00:46:50,520
Speaker 2: papers of the time. The few reporters who did bother

963
00:46:50,640 --> 00:46:53,279
Speaker 2: to ask were told that he was going on a

964
00:46:53,400 --> 00:46:56,399
Speaker 2: duck hunt, not the Nintendo game that wasn't around. He

965
00:46:56,480 --> 00:46:59,000
Speaker 2: was going. He was like, yeah, the country's burned. They're

966
00:46:59,000 --> 00:47:01,440
Speaker 2: like the country's burning. And he's like, yeah, but you know,

967
00:47:01,560 --> 00:47:03,239
Speaker 2: like mallards, they just get to me.

968
00:47:03,640 --> 00:47:07,560
Speaker 3: As long as he had that dog, I mean, that's fine, right,

969
00:47:08,600 --> 00:47:09,160
Speaker 3: that dog was.

970
00:47:09,360 --> 00:47:10,879
Speaker 1: That dog was an asshole, man, that guy.

971
00:47:11,120 --> 00:47:14,080
Speaker 2: You can control it with the second player controlling, Yeah,

972
00:47:14,680 --> 00:47:17,319
Speaker 2: how is you could control the ducks? The dog just

973
00:47:17,360 --> 00:47:20,520
Speaker 2: shows up like Clippy and Microsoft. The dog's just a dick,

974
00:47:20,600 --> 00:47:23,840
Speaker 2: don't the ducks with the second controller. Yes, we should

975
00:47:23,840 --> 00:47:26,120
Speaker 2: do a show about this. We should do a Nintendo conspiracy.

976
00:47:25,719 --> 00:47:27,520
Speaker 5: We should play it too, But for now we're talking

977
00:47:27,520 --> 00:47:29,600
Speaker 5: about an actual duck hunt, or you know, at least

978
00:47:29,600 --> 00:47:31,640
Speaker 5: the notion of an actual ducks.

979
00:47:31,520 --> 00:47:33,279
Speaker 1: So where is he conducting this duck So.

980
00:47:33,440 --> 00:47:35,320
Speaker 5: You guys have heard of a place called Jeckyll Island?

981
00:47:35,400 --> 00:47:36,719
Speaker 5: Have you guys heard of this place? Is any It

982
00:47:36,760 --> 00:47:37,239
Speaker 5: would have been.

983
00:47:37,800 --> 00:47:40,920
Speaker 2: Where Georgia I went once you went, Well, I didn't

984
00:47:40,960 --> 00:47:43,960
Speaker 2: hang out there. I can't get in and hang out.

985
00:47:44,120 --> 00:47:45,840
Speaker 5: What do you mean you just like we're doing like recon.

986
00:47:45,920 --> 00:47:47,759
Speaker 5: You were just like checking it out, like peeking through

987
00:47:47,800 --> 00:47:50,840
Speaker 5: the I was in the area, hedge maze like I

988
00:47:50,920 --> 00:47:53,120
Speaker 5: was in the area. This is a different show. But

989
00:47:53,520 --> 00:47:55,759
Speaker 5: Jackal Island, what's that? If you're not familiar with Jackal Island,

990
00:47:55,840 --> 00:47:58,239
Speaker 5: it is still and certainly was even more so than

991
00:47:59,000 --> 00:48:03,520
Speaker 5: and incredibly opulent get away for the super super super

992
00:48:03,640 --> 00:48:05,600
Speaker 5: one percent of the one percent of the one percent

993
00:48:05,680 --> 00:48:08,279
Speaker 5: rich to you know, go do their things and maybe

994
00:48:08,280 --> 00:48:10,560
Speaker 5: have secret meetings and pretend duck hunts.

995
00:48:10,719 --> 00:48:11,920
Speaker 1: Well, woa WHOA Okay?

996
00:48:12,040 --> 00:48:15,360
Speaker 2: So, in their defense, by the way, Nelson takes five

997
00:48:15,440 --> 00:48:18,120
Speaker 2: of his buddies, which we'll get to. In their defense,

998
00:48:19,320 --> 00:48:22,040
Speaker 2: this was not an obviously fake cover story.

999
00:48:22,239 --> 00:48:23,800
Speaker 1: There is a duck hunting season.

1000
00:48:23,880 --> 00:48:26,719
Speaker 2: It starts in November around this time, stops for a

1001
00:48:26,719 --> 00:48:31,440
Speaker 2: little bit, it resumes from December to January. So maybe

1002
00:48:31,480 --> 00:48:33,440
Speaker 2: they were maybe they were hunting ducks.

1003
00:48:33,920 --> 00:48:37,600
Speaker 3: Maybe they were like in the end, it doesn't matter, right, right,

1004
00:48:37,680 --> 00:48:40,360
Speaker 3: So these his five buddies.

1005
00:48:40,440 --> 00:48:42,960
Speaker 2: It turns out, surprise, surprise, I hope this is not

1006
00:48:43,000 --> 00:48:45,839
Speaker 2: a Shyamalan move for everybody. It turns out that they

1007
00:48:45,840 --> 00:48:48,480
Speaker 2: were very prominent in the world of private banking, and

1008
00:48:48,520 --> 00:48:51,040
Speaker 2: they were very active at the thing Noel mentioned earlier,

1009
00:48:51,200 --> 00:48:56,279
Speaker 2: the National Monetary Commission. And despite the fact that these

1010
00:48:56,320 --> 00:48:59,840
Speaker 2: fellows had enormous power here in the US and abroad,

1011
00:49:00,600 --> 00:49:04,520
Speaker 2: they were afraid to be seen hanging out with each other.

1012
00:49:04,920 --> 00:49:08,680
Speaker 2: So one by so, Nelson Aldrich hooks up this really

1013
00:49:08,800 --> 00:49:13,240
Speaker 2: sick customized railcar like it's it's got mahogany, it's got chrome,

1014
00:49:13,360 --> 00:49:17,960
Speaker 2: it's very it's flashy, and he decides the best way

1015
00:49:18,000 --> 00:49:20,040
Speaker 2: to hide it is to hook it up to a

1016
00:49:20,080 --> 00:49:24,960
Speaker 2: train in New Jersey, and one by one, these prominent

1017
00:49:25,040 --> 00:49:29,560
Speaker 2: titans and captains of industry sneak onto the train, not

1018
00:49:29,560 --> 00:49:32,719
Speaker 2: not using their names, and because.

1019
00:49:32,480 --> 00:49:33,799
Speaker 1: I think they had they had to have at least

1020
00:49:33,800 --> 00:49:34,560
Speaker 1: like one servant.

1021
00:49:34,560 --> 00:49:36,719
Speaker 5: I think they definitely pared down the staff, which was

1022
00:49:37,440 --> 00:49:38,720
Speaker 5: that was huge for them, right.

1023
00:49:38,680 --> 00:49:39,160
Speaker 1: The whole thing.

1024
00:49:39,160 --> 00:49:41,040
Speaker 5: They had to use only their first name because they

1025
00:49:41,040 --> 00:49:45,040
Speaker 5: wanted to maintain some level of anonymity. So who's in there, Yeah,

1026
00:49:45,080 --> 00:49:47,360
Speaker 5: so undercover of night, one at a time, these guys

1027
00:49:47,360 --> 00:49:49,920
Speaker 5: sneak into this railcar. We've got Frank Vanderlip of National

1028
00:49:49,920 --> 00:49:53,279
Speaker 5: City Bank, Henry Davison of Morgan Bank. We've got Paul

1029
00:49:53,360 --> 00:49:56,920
Speaker 5: Warburg of the kun Lobe Investment House. These are all

1030
00:49:57,000 --> 00:49:59,799
Speaker 5: names that stick around to this day and companies that

1031
00:49:59,840 --> 00:50:02,440
Speaker 5: have on through various name changes but are still basically

1032
00:50:02,440 --> 00:50:05,480
Speaker 5: doing the same thing. We've got Apat Andrews from earlier,

1033
00:50:05,520 --> 00:50:08,720
Speaker 5: who was then the Assistant Secretary of the Treasury Department.

1034
00:50:08,880 --> 00:50:10,920
Speaker 5: And we also have Arthur B. Shelton who was the

1035
00:50:10,960 --> 00:50:13,880
Speaker 5: Secretary of that National Monetary Commission that was kind of

1036
00:50:13,880 --> 00:50:16,640
Speaker 5: doing some of the legwork that led up to this meeting.

1037
00:50:17,040 --> 00:50:20,000
Speaker 2: And they know they may have actually haunted Ducks, but

1038
00:50:20,239 --> 00:50:23,640
Speaker 2: on the way they by the time they were done,

1039
00:50:23,840 --> 00:50:29,040
Speaker 2: they had discussed and formulated a plan in secret to

1040
00:50:29,120 --> 00:50:32,600
Speaker 2: create another central bank. And they were like, ah, the

1041
00:50:32,640 --> 00:50:35,640
Speaker 2: two times that's a gimme. But Hey, lucky number three,

1042
00:50:36,040 --> 00:50:40,600
Speaker 2: right right, And we've got a question. Why was this

1043
00:50:40,680 --> 00:50:41,760
Speaker 2: meeting held in secret?

1044
00:50:41,840 --> 00:50:43,239
Speaker 4: Well, the biggest thing is that they knew.

1045
00:50:43,440 --> 00:50:44,960
Speaker 3: Can we've kind of just touched on it, but they

1046
00:50:45,000 --> 00:50:48,240
Speaker 3: knew that if word got out that they were trying

1047
00:50:48,280 --> 00:50:50,680
Speaker 3: to present this kind of idea from both a private

1048
00:50:50,719 --> 00:50:54,360
Speaker 3: and public side, the House of Representatives, the people that

1049
00:50:54,440 --> 00:50:57,960
Speaker 3: actually represented the public of the United States, would absolutely

1050
00:50:58,080 --> 00:51:01,319
Speaker 3: shut this thing down before it even became a thing, right,

1051
00:51:01,719 --> 00:51:04,760
Speaker 3: So they had to keep it as secret as possible.

1052
00:51:04,840 --> 00:51:07,320
Speaker 3: And then we're gonna find out a little later because

1053
00:51:07,320 --> 00:51:11,000
Speaker 3: it does happen spoiler alert. The way they got it

1054
00:51:11,040 --> 00:51:12,480
Speaker 3: past was a little.

1055
00:51:12,480 --> 00:51:15,400
Speaker 2: Right right, Well, I mean it makes sense it was

1056
00:51:15,560 --> 00:51:20,480
Speaker 2: associated any anything associated with fat Wait, okay, I gotta stop,

1057
00:51:20,680 --> 00:51:23,840
Speaker 2: all right, So I've been using the phrase fat cat

1058
00:51:24,120 --> 00:51:27,560
Speaker 2: a lot tonight, and I want to apologize. I do

1059
00:51:27,640 --> 00:51:30,440
Speaker 2: have a fat cat at home, and I don't want

1060
00:51:30,440 --> 00:51:33,879
Speaker 2: to be disrespectful. His name is mister Jackpots. I will

1061
00:51:33,880 --> 00:51:37,200
Speaker 2: show you pictures on Instagram after the show if you wish.

1062
00:51:37,480 --> 00:51:39,000
Speaker 5: So you should come up with a new word then,

1063
00:51:39,040 --> 00:51:42,680
Speaker 5: So you're kind of like not throwing your sweet boys

1064
00:51:42,719 --> 00:51:43,320
Speaker 5: under the bus.

1065
00:51:43,400 --> 00:51:46,759
Speaker 2: Yeah, A big feline I don't know. We just reinvested

1066
00:51:46,800 --> 00:51:50,239
Speaker 2: your etch time, just like anti fat cat prejudice.

1067
00:51:50,360 --> 00:51:52,840
Speaker 1: Right there we are. So it's true.

1068
00:51:52,600 --> 00:51:55,840
Speaker 2: Though, Matt, like they knew that this would immediately be

1069
00:51:55,960 --> 00:51:59,480
Speaker 2: dead in the water, and that is why they held

1070
00:51:59,480 --> 00:52:02,799
Speaker 2: this meeting secret. But holding this meeting in secret in

1071
00:52:02,880 --> 00:52:10,320
Speaker 2: nineteen ten this results in a breeding ground for speculation,

1072
00:52:10,640 --> 00:52:15,560
Speaker 2: right rumor metastasizes, it becomes conspiracy theory because no one

1073
00:52:15,680 --> 00:52:18,200
Speaker 2: knows what's going on. But since we have decided to

1074
00:52:18,239 --> 00:52:22,239
Speaker 2: be here tonight, we won't be conspiracy theorists. Let's be

1075
00:52:22,560 --> 00:52:26,200
Speaker 2: conspiracy realists. And that means that we can't believe we're

1076
00:52:26,280 --> 00:52:30,440
Speaker 2: except a bunch of speculation without fact. So here's a

1077
00:52:30,480 --> 00:52:34,719
Speaker 2: fact for you. There's a fact we found. These guys

1078
00:52:34,760 --> 00:52:38,880
Speaker 2: did not admit that this meeting ever happened for years

1079
00:52:39,120 --> 00:52:42,200
Speaker 2: and years and years. It was not until the nineteen

1080
00:52:42,280 --> 00:52:46,080
Speaker 2: thirties in the depression where with like one or two

1081
00:52:46,120 --> 00:52:47,719
Speaker 2: of them said, uh.

1082
00:52:47,680 --> 00:52:50,280
Speaker 3: Yeah, I mean this thing happened.

1083
00:52:50,320 --> 00:52:53,799
Speaker 2: We didn't really hunt ducks. That was just we thought

1084
00:52:53,800 --> 00:52:54,680
Speaker 2: it sounded cool.

1085
00:52:54,800 --> 00:52:57,320
Speaker 5: But yeah, and they call themselves the First Names Club,

1086
00:52:57,360 --> 00:52:59,439
Speaker 5: like we mentioned. So by the end of that time,

1087
00:52:59,480 --> 00:53:02,920
Speaker 5: on Jackie at Aldrich and all his guys had developed

1088
00:53:02,920 --> 00:53:05,680
Speaker 5: this plan for a Reserve Association of America, which would

1089
00:53:05,680 --> 00:53:09,520
Speaker 5: be a single central bank with branches across the country.

1090
00:53:09,960 --> 00:53:13,040
Speaker 5: And then on December twenty third of nineteen thirteen, Woodrow

1091
00:53:13,080 --> 00:53:17,440
Speaker 5: Wilson agreed, he signed the Federal Reserve into existence.

1092
00:53:18,040 --> 00:53:18,279
Speaker 4: Yeah.

1093
00:53:18,400 --> 00:53:22,279
Speaker 2: Yeah, and this was it's December twenty third. This tricky thing.

1094
00:53:22,360 --> 00:53:24,960
Speaker 2: A lot of a lot of legislators are at home

1095
00:53:25,280 --> 00:53:28,040
Speaker 2: with their families or back in their home state, and

1096
00:53:28,160 --> 00:53:31,000
Speaker 2: there's a tricky thing here. So they said, the federal

1097
00:53:31,200 --> 00:53:34,720
Speaker 2: reserve banks, the regional reserve banks like the one that's here,

1098
00:53:35,040 --> 00:53:39,840
Speaker 2: I would be owned not by individuals but by commercial banks.

1099
00:53:40,080 --> 00:53:45,879
Speaker 2: So this means that there's not like, you look responsible,

1100
00:53:45,920 --> 00:53:48,279
Speaker 2: but you can't go by a regional reserve bank. And

1101
00:53:48,320 --> 00:53:51,040
Speaker 2: I'm sorry that you had to learn it here, but

1102
00:53:51,640 --> 00:53:55,920
Speaker 2: neither can. I not feel bad. But the thing is

1103
00:53:56,000 --> 00:53:58,959
Speaker 2: these banks would be coordinated by a committee that's kind

1104
00:53:59,000 --> 00:54:01,560
Speaker 2: of sort of appointed by the president.

1105
00:54:01,640 --> 00:54:03,759
Speaker 3: But yeah, they get a list, right, that's kind of

1106
00:54:03,800 --> 00:54:05,800
Speaker 3: the idea. Just slide a list across the table, be

1107
00:54:05,920 --> 00:54:08,040
Speaker 3: like just pick like seven, cool, all right, cool?

1108
00:54:08,120 --> 00:54:11,120
Speaker 1: Yeah, So then it goes to who really owns this thing?

1109
00:54:11,200 --> 00:54:16,560
Speaker 2: Who owns this gargatuan thing. The officials governing parts of

1110
00:54:16,600 --> 00:54:20,319
Speaker 2: the system can own interest, in particular commercial banks, but

1111
00:54:20,600 --> 00:54:25,200
Speaker 2: no one officially actually owns those shit riddle dollars that

1112
00:54:25,239 --> 00:54:27,200
Speaker 2: we all just robbed at the beginning of the show.

1113
00:54:27,800 --> 00:54:30,000
Speaker 2: In fact, the FED considers itself independent.

1114
00:54:30,600 --> 00:54:35,560
Speaker 3: Oh yeah, this is this is important, and this it's

1115
00:54:35,600 --> 00:54:38,120
Speaker 3: mind blowing. Okay, And I'm trying really hard not to

1116
00:54:38,200 --> 00:54:40,640
Speaker 3: just be infuriated throughout this entire show. I have been

1117
00:54:40,960 --> 00:54:44,000
Speaker 3: during every show that we've done so far. In this Okay,

1118
00:54:44,520 --> 00:54:47,480
Speaker 3: The Federal Reserve says the terms of the members of

1119
00:54:47,520 --> 00:54:52,760
Speaker 3: the Board of Governors span multiple presidential and congressional terms. Now,

1120
00:54:52,960 --> 00:54:55,799
Speaker 3: when you hear this at face value, you could say, oh,

1121
00:54:55,840 --> 00:54:58,880
Speaker 3: this is very reassuring. This means that no matter who's

1122
00:54:58,880 --> 00:55:00,759
Speaker 3: in the White House, no matter how much I like

1123
00:55:00,840 --> 00:55:03,200
Speaker 3: him or her, no matter how long they are in

1124
00:55:03,200 --> 00:55:05,719
Speaker 3: the White House, no matter which Senator or House of

1125
00:55:05,800 --> 00:55:09,759
Speaker 3: Representatives person gets elected, my money is safe with the

1126
00:55:09,760 --> 00:55:10,640
Speaker 3: Federal Reserve.

1127
00:55:10,760 --> 00:55:12,040
Speaker 4: That sounds lovely.

1128
00:55:15,160 --> 00:55:18,759
Speaker 2: Yeah, I hate to ah you here, but that's also

1129
00:55:18,880 --> 00:55:21,640
Speaker 2: kind of terrifying, isn't it, Because what they're old.

1130
00:55:21,960 --> 00:55:22,200
Speaker 1: You know.

1131
00:55:22,239 --> 00:55:24,120
Speaker 2: Another way to look at it is they're saying, no

1132
00:55:24,160 --> 00:55:27,120
Speaker 2: matter who you vote for, no matter who's in charge,

1133
00:55:28,200 --> 00:55:29,440
Speaker 2: we're in charge of the money.

1134
00:55:29,880 --> 00:55:33,600
Speaker 1: Yeah, like you know you can vote, that's cute. Yeah.

1135
00:55:33,640 --> 00:55:35,719
Speaker 5: There was a quote from Alan Greenspan, who is the

1136
00:55:35,760 --> 00:55:38,440
Speaker 5: Chairman of the FED and you've heard of. He said

1137
00:55:38,520 --> 00:55:41,920
Speaker 5: something to the effect of there is no government body,

1138
00:55:42,000 --> 00:55:46,560
Speaker 5: there is no elected official that can do anything about

1139
00:55:46,560 --> 00:55:49,120
Speaker 5: any of the decisions we make. He just very brazenly

1140
00:55:49,200 --> 00:55:52,480
Speaker 5: said that out loud and like, yeah, So that's the

1141
00:55:52,560 --> 00:55:54,000
Speaker 5: vibe that we're working with with the FED here.

1142
00:55:54,280 --> 00:55:58,040
Speaker 2: It's been to be reassuring. So officially, this system is

1143
00:55:58,080 --> 00:56:01,839
Speaker 2: a bulwark, right, That's what it provides. It stabilizes these

1144
00:56:02,320 --> 00:56:06,200
Speaker 2: faith rectangles. I love that phrase, thank you for me.

1145
00:56:06,400 --> 00:56:09,000
Speaker 2: That Matt made that one though, was great. And it

1146
00:56:09,160 --> 00:56:17,080
Speaker 2: stabilizes the dollar against the ups and downs of the uncarrying, chaotic, ridiculous,

1147
00:56:17,160 --> 00:56:21,960
Speaker 2: horrible place that we live in. And the thing is,

1148
00:56:22,400 --> 00:56:24,719
Speaker 2: it doesn't matter what you would believe. It was created

1149
00:56:24,800 --> 00:56:28,040
Speaker 2: without the consent of the American public. No one voted

1150
00:56:28,080 --> 00:56:30,680
Speaker 2: on it, no one can vote on it. It is

1151
00:56:30,760 --> 00:56:34,160
Speaker 2: also arguably one of the most powerful financial institutions in

1152
00:56:34,239 --> 00:56:39,440
Speaker 2: the world. Pyramid lidless eye creepy Latin catchphrases, the whole nine.

1153
00:56:39,760 --> 00:56:44,160
Speaker 3: Yeah and ah oh man, I'm just gonna I'm gonna

1154
00:56:44,200 --> 00:56:46,360
Speaker 3: bring it back to this. In the more than one

1155
00:56:46,440 --> 00:56:49,600
Speaker 3: hundred years following its creation, more and more people are

1156
00:56:49,680 --> 00:56:53,880
Speaker 3: asking is there more to this story? Is it just

1157
00:56:54,480 --> 00:56:57,400
Speaker 3: this organization that exists outside of the control of the

1158
00:56:57,480 --> 00:57:01,560
Speaker 3: voting people of the United States, or is it more sinister?

1159
00:57:08,640 --> 00:57:10,360
Speaker 2: Here's where it gets crazy.

1160
00:57:11,360 --> 00:57:15,480
Speaker 4: Yes, I love it when he does that. I love it.

1161
00:57:15,719 --> 00:57:19,280
Speaker 2: Well, it's true. It's true. We're going into crazy territory now.

1162
00:57:19,480 --> 00:57:22,840
Speaker 2: So I hope you're comfortable, because maybe it'll be uncomfortable

1163
00:57:22,880 --> 00:57:26,880
Speaker 2: at the end of this. The most popular and most prevalent,

1164
00:57:26,920 --> 00:57:30,320
Speaker 2: most prominent conspiracy theory about the Federal Reserve is that

1165
00:57:30,480 --> 00:57:36,480
Speaker 2: rather than mitigating or preventing financial disaster, the Fed creates

1166
00:57:36,920 --> 00:57:42,240
Speaker 2: financial catastrophe to it manipulates the money supply for the

1167
00:57:42,240 --> 00:57:47,720
Speaker 2: benefit of member banks and most importantly, the shareholders or

1168
00:57:47,760 --> 00:57:51,120
Speaker 2: the owners of those member banks. So no one can

1169
00:57:51,160 --> 00:57:54,920
Speaker 2: own a regional reserve bank, but anyone can buy shares

1170
00:57:54,960 --> 00:57:57,360
Speaker 2: in a commercial bank. It's just a question of how

1171
00:57:57,400 --> 00:58:02,600
Speaker 2: many you own. And this argument, uh, this argument proposes

1172
00:58:02,640 --> 00:58:06,200
Speaker 2: that we the public are taught that financial disasters occur

1173
00:58:06,520 --> 00:58:12,600
Speaker 2: through two things, accident or incompetence subprime loans, right, right,

1174
00:58:12,720 --> 00:58:16,840
Speaker 2: And the argument is that the opposite is the case.

1175
00:58:17,040 --> 00:58:19,240
Speaker 2: And this is a really weird one to us because

1176
00:58:19,240 --> 00:58:22,000
Speaker 2: it unites people across a political divide.

1177
00:58:22,240 --> 00:58:24,240
Speaker 3: Yeah, it really does. By the way, we've been on

1178
00:58:24,280 --> 00:58:26,680
Speaker 3: the road a lot. Has something been happening with the

1179
00:58:26,720 --> 00:58:29,040
Speaker 3: stock market. We haven't exactly been keeping up, but I

1180
00:58:29,120 --> 00:58:31,160
Speaker 3: just noticed all the lines were read when I looked

1181
00:58:31,160 --> 00:58:32,080
Speaker 3: at my phone earlier.

1182
00:58:32,200 --> 00:58:33,560
Speaker 4: Everything's okay, We're all okay.

1183
00:58:33,680 --> 00:58:35,600
Speaker 5: We still my mom sent me a text about it

1184
00:58:35,600 --> 00:58:39,080
Speaker 5: and said that my inheritance was dwindling away as we speaks.

1185
00:58:39,120 --> 00:58:42,200
Speaker 5: So yeah, I'm gonna have to make this podcast game.

1186
00:58:44,680 --> 00:58:45,240
Speaker 1: With it. Yeah.

1187
00:58:45,760 --> 00:58:49,600
Speaker 2: It's weird, though, because this is this is a conspiratorial

1188
00:58:49,800 --> 00:58:53,880
Speaker 2: belief that unites people on either side of the sort

1189
00:58:53,880 --> 00:58:57,880
Speaker 2: of circusy political dichotomy. And you will find people who

1190
00:58:57,880 --> 00:59:01,240
Speaker 2: consider themselves libertarians and the like, yeah, I read in

1191
00:59:01,360 --> 00:59:03,720
Speaker 2: the FED that's messed up. But then there are people

1192
00:59:03,720 --> 00:59:05,480
Speaker 2: on the far left who are like, you know, eat

1193
00:59:05,520 --> 00:59:08,440
Speaker 2: the rich, screw the FED, let's just get rid of it.

1194
00:59:08,520 --> 00:59:11,800
Speaker 2: And they're like, you know what, You're right once again.

1195
00:59:12,280 --> 00:59:16,000
Speaker 2: Everyone can agree that there is a problem, no one

1196
00:59:16,080 --> 00:59:21,720
Speaker 2: can agree how to solve it. Harm harrumph. The most

1197
00:59:21,840 --> 00:59:26,400
Speaker 2: famous stories or conspiratorial beliefs about the Federal Reserve come

1198
00:59:26,520 --> 00:59:28,360
Speaker 2: from a specific book.

1199
00:59:29,080 --> 00:59:32,320
Speaker 3: Yes, it's called The Creature from Jekyl Island by this

1200
00:59:32,440 --> 00:59:35,200
Speaker 3: author named G. Edward Griffin.

1201
00:59:35,560 --> 00:59:38,320
Speaker 5: Like a like a black lagoon kind of situation, or no,

1202
00:59:38,680 --> 00:59:40,040
Speaker 5: or the creature is the Fed I get it.

1203
00:59:40,080 --> 00:59:43,440
Speaker 3: I got it in that meeting and it emerged, and

1204
00:59:43,480 --> 00:59:45,400
Speaker 3: then it got on that rail car and it headed

1205
00:59:45,440 --> 00:59:46,439
Speaker 3: back towards New York.

1206
00:59:47,200 --> 00:59:48,560
Speaker 4: I'm just I'm making all that up.

1207
00:59:48,600 --> 00:59:49,840
Speaker 1: But I can imagine listen to it.

1208
00:59:49,880 --> 00:59:50,640
Speaker 4: I can imagine it.

1209
00:59:50,760 --> 00:59:53,520
Speaker 3: So he considers the Federal Reserve more than just this

1210
00:59:53,640 --> 00:59:57,240
Speaker 3: simple tool to control Americans via debt.

1211
00:59:58,280 --> 00:59:59,920
Speaker 4: We're not controlled by debt. We're fine.

1212
01:00:00,200 --> 01:00:03,760
Speaker 3: Nobody has any student loans or mortgages here. We're good.

1213
01:00:04,680 --> 01:00:05,240
Speaker 4: We're good.

1214
01:00:06,000 --> 01:00:10,200
Speaker 2: Oh my my my girlfriend is here tonight.

1215
01:00:10,280 --> 01:00:10,800
Speaker 1: Hey Brandy.

1216
01:00:10,840 --> 01:00:14,200
Speaker 2: Can everybody say hey Brandy, Oh, hey Brandy. Hey uh

1217
01:00:14,240 --> 01:00:19,040
Speaker 2: and uh. We've had some tension because my my primary

1218
01:00:19,080 --> 01:00:23,200
Speaker 2: girlfriend is Sally May. It was accustomed to a certain

1219
01:00:23,280 --> 01:00:24,480
Speaker 2: leg Oh I'm gonna pay for that.

1220
01:00:24,320 --> 01:00:25,680
Speaker 1: One's Sally may anymore.

1221
01:00:25,680 --> 01:00:28,960
Speaker 5: It's something called Navviant just kind of came out of

1222
01:00:29,000 --> 01:00:30,360
Speaker 5: nowhere and all of a sudden, it's like it's not

1223
01:00:30,400 --> 01:00:33,160
Speaker 5: Sally anymore. Now, it's now it's Naviant. I guess I

1224
01:00:33,200 --> 01:00:36,120
Speaker 5: have no choice but to pay Navviant now. But you know, right,

1225
01:00:36,200 --> 01:00:36,480
Speaker 5: and the.

1226
01:00:36,440 --> 01:00:40,480
Speaker 2: Ideal with Creature from Jackal Island is that this this

1227
01:00:40,640 --> 01:00:46,240
Speaker 2: practice has been expanded and franchised out to other countries,

1228
01:00:46,560 --> 01:00:52,800
Speaker 2: and that the Federal Reserve is using the practice of

1229
01:00:54,000 --> 01:00:57,480
Speaker 2: deceiving people through chickanery, which we looked up earlier.

1230
01:00:57,760 --> 01:00:58,640
Speaker 1: It's a new word for us.

1231
01:00:58,760 --> 01:01:03,440
Speaker 2: Yeah, is this people or state actors to fall into

1232
01:01:03,640 --> 01:01:07,400
Speaker 2: debt and then using that to using that debt to

1233
01:01:07,600 --> 01:01:11,080
Speaker 2: control the actions of those countries. But he's got a

1234
01:01:11,120 --> 01:01:13,120
Speaker 2: lot of critics, Griffin has a ton of critics.

1235
01:01:13,160 --> 01:01:16,240
Speaker 5: Well, and wouldn't that kind of be the way that

1236
01:01:16,840 --> 01:01:20,720
Speaker 5: the British interests that you know, we're part of the

1237
01:01:20,760 --> 01:01:24,320
Speaker 5: original First Bank or whatever, could have potentially exercised that

1238
01:01:24,400 --> 01:01:28,320
Speaker 5: kind of control back over the colonies right by having

1239
01:01:28,400 --> 01:01:31,040
Speaker 5: that much of a steak in the First Bank.

1240
01:01:31,560 --> 01:01:32,760
Speaker 4: Yeah, I mean it's possible.

1241
01:01:32,880 --> 01:01:36,000
Speaker 3: The problem that we're running into here is that g

1242
01:01:36,520 --> 01:01:42,439
Speaker 3: Griffin took that train. Sorry, I got to make a tea.

1243
01:01:42,520 --> 01:01:44,560
Speaker 3: There's some delicious food here or there. I guess they

1244
01:01:44,560 --> 01:01:45,280
Speaker 3: stopped serving it.

1245
01:01:45,920 --> 01:01:47,600
Speaker 1: Wait, what's the what's what's the beef though?

1246
01:01:47,840 --> 01:01:50,200
Speaker 3: Oh yeah, the beef is Let me just recalibrate here.

1247
01:01:56,240 --> 01:01:58,640
Speaker 3: He took he took the pearl that's at the center

1248
01:01:58,720 --> 01:02:02,480
Speaker 3: of the oyster of that that nineteen ten secret meeting,

1249
01:02:02,840 --> 01:02:06,160
Speaker 3: and then he created a whole bunch of stuff around

1250
01:02:06,240 --> 01:02:09,040
Speaker 3: it that he kind of it's not necessarily pulling out

1251
01:02:09,080 --> 01:02:11,960
Speaker 3: of thin air, but he's creating a conspiracy from that

1252
01:02:12,000 --> 01:02:12,560
Speaker 3: real thing.

1253
01:02:12,760 --> 01:02:14,360
Speaker 1: He's engaging in some what iffery.

1254
01:02:14,520 --> 01:02:17,880
Speaker 3: Yeah, it's dangerous, it's dangerous. I'm gonna get off my soapbox.

1255
01:02:17,920 --> 01:02:18,760
Speaker 3: Let's keep going with the show.

1256
01:02:20,320 --> 01:02:21,760
Speaker 1: Do you want to do you want a soapboxes?

1257
01:02:21,880 --> 01:02:22,520
Speaker 4: No, No, it's fine.

1258
01:02:22,680 --> 01:02:25,240
Speaker 5: Sure, it's just a dangerous s Matth's Soapbox is a

1259
01:02:25,240 --> 01:02:26,200
Speaker 5: segment that we will have.

1260
01:02:26,440 --> 01:02:28,920
Speaker 3: Yeah, it just happens a lot these days where there

1261
01:02:29,000 --> 01:02:30,960
Speaker 3: is this one little grain of truth which is on

1262
01:02:31,000 --> 01:02:32,560
Speaker 3: the show. It's what we try and do we find

1263
01:02:32,640 --> 01:02:35,320
Speaker 3: that grain of truth. Right, that's the most interesting thing

1264
01:02:35,360 --> 01:02:38,760
Speaker 3: for me personally. And this guy did that. But then

1265
01:02:38,880 --> 01:02:41,520
Speaker 3: he just kept going down a rabbit hole, and he

1266
01:02:41,600 --> 01:02:44,640
Speaker 3: wrote this book that is fascinating, but a lot of

1267
01:02:44,640 --> 01:02:47,880
Speaker 3: it probably is in it's just not factual.

1268
01:02:48,080 --> 01:02:50,880
Speaker 2: And the most one of the most salient questions that

1269
01:02:50,920 --> 01:02:54,640
Speaker 2: you get from this book if you read it, is

1270
01:02:54,680 --> 01:02:57,840
Speaker 2: the essential thing. The gi just boils down to this,

1271
01:02:58,480 --> 01:03:04,920
Speaker 2: could someone act purposefully and successfully manipulate something as gargantuan

1272
01:03:05,200 --> 01:03:09,320
Speaker 2: as the US economy and therefore, you know, the international economy.

1273
01:03:09,920 --> 01:03:15,760
Speaker 2: The answer to that is yeah, yeah, yeah, no, absolutely

1274
01:03:15,800 --> 01:03:18,040
Speaker 2: to a scary degree, Like think a war and Buffett

1275
01:03:18,440 --> 01:03:21,560
Speaker 2: he could tweet today and sink a company, It's true.

1276
01:03:21,640 --> 01:03:24,360
Speaker 5: Yeah, Or you got like Jeff Bezos or Carlos slim

1277
01:03:24,680 --> 01:03:28,919
Speaker 5: Halu or any of these other profoundly disgustingly rich human

1278
01:03:28,960 --> 01:03:32,240
Speaker 5: people that can, like you said, just by communicating their

1279
01:03:32,280 --> 01:03:36,240
Speaker 5: intent to do something, or you know, they're some kind

1280
01:03:36,280 --> 01:03:39,360
Speaker 5: of diversification that might happen. It can change the entire

1281
01:03:39,440 --> 01:03:41,800
Speaker 5: course of at least segments of the economy.

1282
01:03:41,880 --> 01:03:44,120
Speaker 2: Yeah, And that's the question. Though The question then is

1283
01:03:44,480 --> 01:03:47,720
Speaker 2: does it mean that the FED could do the same thing.

1284
01:03:47,880 --> 01:03:51,880
Speaker 2: The FED is a group of people, and there are

1285
01:03:51,960 --> 01:03:55,280
Speaker 2: multiple avenues of oversight, and I'm not going to presume

1286
01:03:55,400 --> 01:03:58,000
Speaker 2: to know about your friends. But have you ever tried

1287
01:03:58,040 --> 01:04:00,800
Speaker 2: to order pizza with a group of a or more people?

1288
01:04:01,440 --> 01:04:06,240
Speaker 2: It gets really nasty, really quickly. And and that's just pizza.

1289
01:04:06,320 --> 01:04:09,000
Speaker 2: That's just like the argument over whether or not someone

1290
01:04:09,200 --> 01:04:12,440
Speaker 2: likes pepperoni or is gluten free. And this is this

1291
01:04:12,520 --> 01:04:16,040
Speaker 2: is talking about one of the most important financial instruments

1292
01:04:16,120 --> 01:04:19,440
Speaker 2: in the world. So it's it's kinda I don't know,

1293
01:04:19,480 --> 01:04:22,920
Speaker 2: it's it's kind of difficult to digest it. But but

1294
01:04:23,080 --> 01:04:26,120
Speaker 2: we found another we found another conspiracy theory. This is

1295
01:04:26,760 --> 01:04:28,600
Speaker 2: I would say this is like my second favorite.

1296
01:04:29,120 --> 01:04:31,280
Speaker 3: Oh yeah, yeah, this is a this is a great one.

1297
01:04:31,360 --> 01:04:34,120
Speaker 3: We've done an episode that kind of touched on this

1298
01:04:34,240 --> 01:04:37,160
Speaker 3: before in the past. But again, it kind of goes

1299
01:04:37,160 --> 01:04:39,800
Speaker 3: back to where you were talking about nol the whether

1300
01:04:39,840 --> 01:04:43,080
Speaker 3: or not there's British control over their former colonies.

1301
01:04:43,120 --> 01:04:45,320
Speaker 1: Still, yeah, the idea is that.

1302
01:04:45,920 --> 01:04:50,040
Speaker 2: Okay, So in this one, the Federal Reserve is now

1303
01:04:50,120 --> 01:04:54,840
Speaker 2: a foreign banking institution is controlled by the British, and

1304
01:04:54,880 --> 01:04:58,959
Speaker 2: the British are still super pissed about the Revolutionary War.

1305
01:04:59,360 --> 01:05:02,280
Speaker 2: It's like they're main thing. They're like, we have a

1306
01:05:02,320 --> 01:05:06,520
Speaker 2: lot of problems, but damn it, it's time to go back,

1307
01:05:06,600 --> 01:05:09,560
Speaker 2: you know, and someone's like, hey, maybe we should fix unemployment. Hey,

1308
01:05:09,560 --> 01:05:11,840
Speaker 2: maybe we should look at immigration. And then like the

1309
01:05:11,960 --> 01:05:14,880
Speaker 2: Queen turns around in a swivel chair and it's like, no,

1310
01:05:15,360 --> 01:05:21,439
Speaker 2: let's be weird, putting me back my colonies right And

1311
01:05:21,560 --> 01:05:23,680
Speaker 2: in this, in this idea, it goes a step further

1312
01:05:23,960 --> 01:05:26,880
Speaker 2: and they'll say, oh no, no, no, no, no, no

1313
01:05:26,880 --> 01:05:31,360
Speaker 2: no no, Matt nol Ben Michigan control. This is not

1314
01:05:31,520 --> 01:05:34,680
Speaker 2: a matter of the queen. It's a matter of the

1315
01:05:34,880 --> 01:05:37,880
Speaker 2: true power behind the throne in the in the world

1316
01:05:37,960 --> 01:05:41,120
Speaker 2: of the United Kingdom. It is the Rothschild family. You

1317
01:05:41,160 --> 01:05:43,240
Speaker 2: knew they were gonna be here at some point.

1318
01:05:43,400 --> 01:05:46,840
Speaker 3: It's yeah, there are a lot of just the the

1319
01:05:47,040 --> 01:05:49,440
Speaker 3: targets that are aimed at with a lot of these conspiracies.

1320
01:05:49,480 --> 01:05:53,040
Speaker 3: The Federal Reserve of the Rothschild's Britain. We're hitting them

1321
01:05:53,040 --> 01:05:55,240
Speaker 3: all tonight. It's a real just doing the hits.

1322
01:05:55,240 --> 01:05:55,720
Speaker 1: Folks.

1323
01:05:56,040 --> 01:05:58,960
Speaker 2: We had a Rothschild actually, or somebody said they were

1324
01:05:58,960 --> 01:06:01,360
Speaker 2: a Rothschild a few cities ago.

1325
01:06:01,480 --> 01:06:04,880
Speaker 5: But who are the Rothschilds. Yeah, so it was a

1326
01:06:05,120 --> 01:06:08,800
Speaker 5: huge influential family. That is the very old family as well,

1327
01:06:08,960 --> 01:06:14,800
Speaker 5: founded by Mayor Armshell rothschild, and they amassed enormous amounts

1328
01:06:14,800 --> 01:06:19,080
Speaker 5: of wealth in multiple areas segments including finance of course,

1329
01:06:19,280 --> 01:06:21,400
Speaker 5: but also over the generations.

1330
01:06:21,440 --> 01:06:24,360
Speaker 1: They've diversified in a very big way.

1331
01:06:24,480 --> 01:06:29,000
Speaker 5: They're active in wine and technology, mining, the bond market,

1332
01:06:29,200 --> 01:06:31,520
Speaker 5: arms trade, just about anything you can think of, they've

1333
01:06:31,520 --> 01:06:33,720
Speaker 5: probably got their hands in it in one I mean,

1334
01:06:33,720 --> 01:06:36,800
Speaker 5: it's a huge family as well, and they're so diversified

1335
01:06:36,840 --> 01:06:39,000
Speaker 5: and spread out with the various members of the family

1336
01:06:39,080 --> 01:06:42,280
Speaker 5: it's almost tough to kind of trace the money and

1337
01:06:42,480 --> 01:06:46,040
Speaker 5: understand exactly how much the entire family is worth and

1338
01:06:46,080 --> 01:06:48,560
Speaker 5: how much influence they wield exactly.

1339
01:06:48,600 --> 01:06:49,960
Speaker 4: And this is a huge deal.

1340
01:06:50,000 --> 01:06:51,760
Speaker 3: My dad is in the audience tonight and he was

1341
01:06:51,800 --> 01:06:54,120
Speaker 3: an accountant at this private club for a while, and

1342
01:06:54,160 --> 01:06:56,200
Speaker 3: he can tell you the difference between old money and

1343
01:06:56,240 --> 01:06:59,600
Speaker 3: new money, and with old money, it's all of these

1344
01:07:00,000 --> 01:07:06,680
Speaker 3: it's just a tiered succession of inheriting fortunes and each

1345
01:07:06,720 --> 01:07:09,320
Speaker 3: one just then becomes another fortune. And then the fortune

1346
01:07:09,360 --> 01:07:12,160
Speaker 3: just spreads out to this point where you go, oh, yeah,

1347
01:07:12,200 --> 01:07:15,560
Speaker 3: I'll join that club for fifty thousand dollars, no problem.

1348
01:07:15,880 --> 01:07:19,080
Speaker 4: And that kind of wealth is it's intense.

1349
01:07:19,560 --> 01:07:22,160
Speaker 2: And then but this goes back to the same question.

1350
01:07:22,720 --> 01:07:28,200
Speaker 2: This presumes that this family, this large influential family, somehow

1351
01:07:28,280 --> 01:07:32,040
Speaker 2: cooperates and moves in unison like what happens today. You

1352
01:07:32,080 --> 01:07:34,720
Speaker 2: get together once a year and they're like, Oh, what's

1353
01:07:34,760 --> 01:07:37,880
Speaker 2: our what's our weird thing gonna be this time? You know,

1354
01:07:38,000 --> 01:07:41,600
Speaker 2: I doubt I don't know your relatives, but I have

1355
01:07:41,920 --> 01:07:45,600
Speaker 2: never been that cooperative with my own. Again, that pizza

1356
01:07:45,640 --> 01:07:46,560
Speaker 2: example comes from US.

1357
01:07:46,760 --> 01:07:49,760
Speaker 5: It was like utter financial control of an entire country's

1358
01:07:49,800 --> 01:07:51,880
Speaker 5: monetary system on the table for you and your family.

1359
01:07:52,320 --> 01:07:57,000
Speaker 5: I mean, I figure it out, You might figure it out.

1360
01:07:57,040 --> 01:07:58,120
Speaker 5: I make some concessions.

1361
01:07:58,160 --> 01:08:03,120
Speaker 2: We can maybe swing Tennessee. But but this is interesting

1362
01:08:03,120 --> 01:08:05,240
Speaker 2: because there's a paradox in this idea.

1363
01:08:05,640 --> 01:08:07,000
Speaker 1: There's a bit of double thing.

1364
01:08:07,120 --> 01:08:09,720
Speaker 2: Right. The same people who say, oh, the UK wants

1365
01:08:09,720 --> 01:08:12,240
Speaker 2: to control the US because they are still, again for

1366
01:08:12,320 --> 01:08:16,599
Speaker 2: some reason, cartoonishly pissed about the Revolutionary War, they will

1367
01:08:16,640 --> 01:08:20,639
Speaker 2: also say, but the United Kingdom doesn't really control itself.

1368
01:08:20,720 --> 01:08:23,600
Speaker 2: It's owned by this elite banking cabal, and they're the

1369
01:08:23,600 --> 01:08:26,560
Speaker 2: ones who are really who are really making the decisions,

1370
01:08:26,720 --> 01:08:29,479
Speaker 2: And that sort of invalidates the beginning of their idea.

1371
01:08:29,560 --> 01:08:32,800
Speaker 2: That means that this in this conspiracy, it's really an

1372
01:08:32,880 --> 01:08:37,040
Speaker 2: economic proxy war between like one family and then maybe

1373
01:08:37,080 --> 01:08:39,000
Speaker 2: a couple of families here in the US. It doesn't

1374
01:08:39,040 --> 01:08:42,680
Speaker 2: make sense, but the Rothschild family shows up in so

1375
01:08:43,120 --> 01:08:47,280
Speaker 2: many of these stories, so many pieces of this folklore tradition.

1376
01:08:47,800 --> 01:08:50,479
Speaker 2: We have a we have one that we found that

1377
01:08:50,520 --> 01:08:53,920
Speaker 2: we really enjoy and it doesn't take place on land.

1378
01:08:54,000 --> 01:08:57,880
Speaker 2: It does feature the rothchilds. It takes place at sea.

1379
01:08:58,080 --> 01:08:59,320
Speaker 1: We barbershop quartet this one.

1380
01:08:59,439 --> 01:09:07,440
Speaker 5: Yeah, the trio Conspiracy Etsy Conspiracy Atsy.

1381
01:09:09,160 --> 01:09:12,240
Speaker 1: Mats. You have a beautiful singing voice. I was not prepared.

1382
01:09:12,320 --> 01:09:13,280
Speaker 1: I did not prepare them for that.

1383
01:09:13,520 --> 01:09:15,599
Speaker 5: I just totally pulled that out and you guys really

1384
01:09:15,600 --> 01:09:16,160
Speaker 5: did a good job.

1385
01:09:16,200 --> 01:09:17,000
Speaker 1: Thank you for hearing me.

1386
01:09:17,040 --> 01:09:22,920
Speaker 2: On WHOA trout the b that's conspiracy with it s

1387
01:09:23,000 --> 01:09:25,240
Speaker 2: e a at the end of the way, And we're

1388
01:09:25,280 --> 01:09:28,120
Speaker 2: not talking about the conspiracy cruise, which is apparently a thing.

1389
01:09:28,280 --> 01:09:31,080
Speaker 5: Really we've never been invited to participate on that, but

1390
01:09:31,360 --> 01:09:35,800
Speaker 5: we're talking about something else entirely. So there's this even

1391
01:09:35,840 --> 01:09:38,439
Speaker 5: more bonkers, in my opinion, conspiracy theory that the roth

1392
01:09:38,520 --> 01:09:43,479
Speaker 5: Child family in league with their banking crony and federal

1393
01:09:43,520 --> 01:09:48,880
Speaker 5: Reserve cheerleader JP Morgan was directly responsible for sinking a

1394
01:09:48,960 --> 01:09:53,040
Speaker 5: supposedly unsinkable ship. You may have seen a film about

1395
01:09:53,040 --> 01:09:56,040
Speaker 5: with the Heart of the Ocean and the hands on

1396
01:09:56,120 --> 01:10:00,439
Speaker 5: the Steamy Window and the New Drawings.

1397
01:10:00,080 --> 01:10:00,680
Speaker 1: And you love that.

1398
01:10:00,960 --> 01:10:04,200
Speaker 5: Well, I've really in this tour come to realize that

1399
01:10:04,280 --> 01:10:06,680
Speaker 5: I saw that movie like ten times when it came

1400
01:10:06,720 --> 01:10:08,759
Speaker 5: out in theaters, when I was like, you know, eleven

1401
01:10:08,840 --> 01:10:09,680
Speaker 5: or something, and I.

1402
01:10:09,640 --> 01:10:11,559
Speaker 1: Was like, why did I Why did eleven year old

1403
01:10:11,600 --> 01:10:14,000
Speaker 1: me like that movie so much? And we've traced it

1404
01:10:14,040 --> 01:10:15,519
Speaker 1: back to the New drawing.

1405
01:10:15,560 --> 01:10:16,599
Speaker 4: Yeah, it was the painting scene.

1406
01:10:16,640 --> 01:10:19,519
Speaker 1: Some boy called called out, somebody in the audience called

1407
01:10:19,520 --> 01:10:20,880
Speaker 1: me out, and it's like, you know what, that's that's

1408
01:10:20,880 --> 01:10:21,639
Speaker 1: pretty much accurate.

1409
01:10:21,640 --> 01:10:23,840
Speaker 5: Although it is a beautiful love story, although it doesn't

1410
01:10:23,840 --> 01:10:26,040
Speaker 5: make sense though, why didn't she make room for dude?

1411
01:10:26,080 --> 01:10:30,000
Speaker 1: Okay? I said that like a million times. That's my

1412
01:10:30,200 --> 01:10:34,040
Speaker 1: main with She's just flary and you know, she's hogging

1413
01:10:34,080 --> 01:10:37,479
Speaker 1: the door. She lets Leonardo DiCaprio.

1414
01:10:36,960 --> 01:10:39,160
Speaker 2: Go, and let's be honest, he's not a super big guy.

1415
01:10:39,600 --> 01:10:41,000
Speaker 1: He could have fit on there.

1416
01:10:41,439 --> 01:10:43,680
Speaker 2: And I feel like she was just looking for a

1417
01:10:43,720 --> 01:10:45,320
Speaker 2: convenient into a romance.

1418
01:10:45,640 --> 01:10:47,760
Speaker 1: I'm gonna say it, she ghosted, she ghosted on.

1419
01:10:47,760 --> 01:10:50,599
Speaker 5: Him or James Cameron was looking for a convenient plot device.

1420
01:10:50,720 --> 01:10:52,240
Speaker 1: Oh that's my argument.

1421
01:10:52,479 --> 01:10:53,880
Speaker 2: I mean, how well did doors flow?

1422
01:10:54,000 --> 01:10:56,400
Speaker 4: What about that old couple though you remember?

1423
01:10:56,640 --> 01:10:59,320
Speaker 2: No, no, it's been a while, okay, so hey know

1424
01:10:59,439 --> 01:11:00,880
Speaker 2: what ship or are we talking about?

1425
01:11:01,240 --> 01:11:03,920
Speaker 5: Either this had the Titanic, the RMS Titanic, that's the

1426
01:11:03,960 --> 01:11:07,439
Speaker 5: full proper name. So if proved to be be true

1427
01:11:07,479 --> 01:11:10,440
Speaker 5: this thing, we're about to enter the realm of wild speculation.

1428
01:11:10,520 --> 01:11:12,559
Speaker 5: That's what this segment of the show is called. It's

1429
01:11:12,600 --> 01:11:15,200
Speaker 5: called the Realm of Wild Speculation aka.

1430
01:11:14,920 --> 01:11:15,840
Speaker 1: Conspiracy at C.

1431
01:11:16,600 --> 01:11:18,680
Speaker 5: So, if proved to be true, this would surely go

1432
01:11:18,800 --> 01:11:21,479
Speaker 5: down in history as like one of the most batshit,

1433
01:11:21,800 --> 01:11:26,160
Speaker 5: heavy handed or possibly genius assassinations in the history of

1434
01:11:26,240 --> 01:11:26,719
Speaker 5: the world.

1435
01:11:26,920 --> 01:11:29,000
Speaker 1: So let's let's jump. Let's jump right in.

1436
01:11:29,120 --> 01:11:29,519
Speaker 4: Let's do it.

1437
01:11:30,160 --> 01:11:33,400
Speaker 1: Let's wade into these icy waters. Let's dive in.

1438
01:11:33,880 --> 01:11:38,080
Speaker 5: Yeah, exactly, So JP Morgan inco finance the International Mercantile

1439
01:11:38,160 --> 01:11:41,920
Speaker 5: Marine Company, which was an Atlantic shipping company that kind

1440
01:11:41,920 --> 01:11:45,120
Speaker 5: of strong armed its way into dominance in this industry

1441
01:11:45,360 --> 01:11:47,559
Speaker 5: by you know, doing what these kind of companies do

1442
01:11:47,680 --> 01:11:52,479
Speaker 5: absorbing some smaller, weaker shipping companies from America and Britain.

1443
01:11:53,240 --> 01:11:56,599
Speaker 5: One of the IMCC subsidiaries was a company called the

1444
01:11:56,600 --> 01:12:02,599
Speaker 5: White Star Line, which owned the RMS Titanic. So Morgan

1445
01:12:02,680 --> 01:12:07,799
Speaker 5: himself was actually booked to be on this doomed Maiden voyage,

1446
01:12:08,080 --> 01:12:11,280
Speaker 5: but he canceled at the last minute, citing like tummy

1447
01:12:11,280 --> 01:12:12,480
Speaker 5: troubles or something.

1448
01:12:12,160 --> 01:12:16,360
Speaker 1: And he wasn't feeling well. He was unwell.

1449
01:12:16,800 --> 01:12:21,880
Speaker 5: Yes, it's really sad, but you know, fortunately or unfortunately

1450
01:12:21,920 --> 01:12:26,000
Speaker 5: at for them, there were plenty of captains of industry

1451
01:12:26,400 --> 01:12:30,320
Speaker 5: and your fat cats been on this ship. Because Matt,

1452
01:12:30,360 --> 01:12:32,920
Speaker 5: you did a good job of describing this in the

1453
01:12:33,000 --> 01:12:36,559
Speaker 5: kind of context of this particular idea, you could look

1454
01:12:36,600 --> 01:12:39,360
Speaker 5: at this thing as like a giant honey trap for

1455
01:12:39,680 --> 01:12:42,640
Speaker 5: the affluent. Let's get them all here, get them all

1456
01:12:42,680 --> 01:12:44,400
Speaker 5: in one place, and then we'll take him out.

1457
01:12:44,760 --> 01:12:47,719
Speaker 3: Yeah, if we're gonna go along with this conspiracy theory,

1458
01:12:47,760 --> 01:12:50,200
Speaker 3: which is kind of ridiculous on the face of it,

1459
01:12:50,280 --> 01:12:53,280
Speaker 3: But if we go along with it, we're already there

1460
01:12:53,280 --> 01:12:55,559
Speaker 3: in the speculation part. But if we go along with it,

1461
01:12:55,600 --> 01:12:58,519
Speaker 3: this kind of could be a perfect trap because you're

1462
01:12:58,520 --> 01:13:00,800
Speaker 3: gonna have a lot of the people that you may

1463
01:13:00,840 --> 01:13:03,920
Speaker 3: want to target that don't hold the same beliefs about

1464
01:13:04,040 --> 01:13:08,200
Speaker 3: financial systems, you might get them on this ship. You

1465
01:13:08,240 --> 01:13:10,080
Speaker 3: actually have a pretty good chance of doing that, just

1466
01:13:10,080 --> 01:13:13,040
Speaker 3: because it was such a spectacle at the time, and

1467
01:13:13,240 --> 01:13:15,240
Speaker 3: the people that you're targeting are some of the most

1468
01:13:15,280 --> 01:13:18,160
Speaker 3: opulent and they want to do things like be on

1469
01:13:18,280 --> 01:13:21,679
Speaker 3: a Titanic. Okay, let's just put that out there. Yeah,

1470
01:13:21,720 --> 01:13:23,120
Speaker 3: it could be a good trap.

1471
01:13:23,800 --> 01:13:29,479
Speaker 2: But okay, okay, So I'm sensing some sinister stuff here, nol.

1472
01:13:31,160 --> 01:13:34,200
Speaker 2: Who were they targeted? Were they targeting specific people?

1473
01:13:34,280 --> 01:13:37,280
Speaker 5: Well, there are the three main ones that are mentioned

1474
01:13:37,320 --> 01:13:40,000
Speaker 5: in the stuff that I've read about this story. But

1475
01:13:40,160 --> 01:13:42,560
Speaker 5: like you said, Matt, I mean, it was an absolute

1476
01:13:42,720 --> 01:13:47,000
Speaker 5: playground of the rich and powerful. So I think if

1477
01:13:47,040 --> 01:13:48,840
Speaker 5: there is any truth to this at all, it would

1478
01:13:48,840 --> 01:13:51,439
Speaker 5: be include people outside of this set. But we have

1479
01:13:51,560 --> 01:13:55,360
Speaker 5: Benjamin Guggenheim, who made a fortune in mining and smelting operations,

1480
01:13:55,439 --> 01:13:57,280
Speaker 5: is it or Strauss, who was the co owner of

1481
01:13:57,320 --> 01:14:00,680
Speaker 5: Macy's and also a powerful politician and a business And

1482
01:14:00,720 --> 01:14:05,280
Speaker 5: then John Jacob Astor, the fourth of the Astor family,

1483
01:14:05,320 --> 01:14:07,680
Speaker 5: which is one of the most powerful and wealthy families

1484
01:14:07,880 --> 01:14:10,240
Speaker 5: of the nineteenth and twentieth centuries. He was a builder,

1485
01:14:10,400 --> 01:14:13,960
Speaker 5: a real estate tycoon, an investor, you name it. So

1486
01:14:14,040 --> 01:14:16,160
Speaker 5: these are the three that are cited. One thing that

1487
01:14:16,160 --> 01:14:18,800
Speaker 5: they have in common in everything we read about this

1488
01:14:19,000 --> 01:14:22,320
Speaker 5: is that they were against the Federal Reserve. They did

1489
01:14:22,360 --> 01:14:25,000
Speaker 5: not want this to happen, and they had enough clout

1490
01:14:25,960 --> 01:14:28,400
Speaker 5: and street cred to possibly fur their weight around and

1491
01:14:28,439 --> 01:14:30,200
Speaker 5: maybe stand in the way of this happening.

1492
01:14:30,400 --> 01:14:33,519
Speaker 3: Yeah, and then all Morgan had to do is just

1493
01:14:33,560 --> 01:14:35,719
Speaker 3: strategically place that iceberg, and.

1494
01:14:35,800 --> 01:14:39,360
Speaker 4: It was all ahead, placed, right done, right ahead. We're good.

1495
01:14:39,400 --> 01:14:43,600
Speaker 1: Now, So how does this all shake up? Well, it

1496
01:14:43,680 --> 01:14:47,680
Speaker 1: speculated wildly. Mind you that one of the things that.

1497
01:14:47,600 --> 01:14:49,560
Speaker 5: These guys hadn't common, like you said, was opposition the

1498
01:14:49,600 --> 01:14:52,599
Speaker 5: Federal Reserve. I've also seen it as opposition to income tax,

1499
01:14:52,840 --> 01:14:55,479
Speaker 5: but those things are kind of conflated in this story.

1500
01:14:55,960 --> 01:15:00,599
Speaker 5: But the ship sank in April of nineteen twelve, and

1501
01:15:00,680 --> 01:15:03,120
Speaker 5: the FED was formed the very next year.

1502
01:15:03,360 --> 01:15:04,680
Speaker 1: So this here's the thing.

1503
01:15:04,720 --> 01:15:08,679
Speaker 5: That this proved to be financially disastrous for Morgan's company,

1504
01:15:08,760 --> 01:15:13,200
Speaker 5: the IMCC. The company filed for bankruptcy protection in nineteen fifteen.

1505
01:15:14,160 --> 01:15:17,599
Speaker 5: So why would JP Morgan ruin his own company by

1506
01:15:17,600 --> 01:15:19,160
Speaker 5: sinking this unsingable shit.

1507
01:15:19,200 --> 01:15:20,080
Speaker 1: And how would he even do it?

1508
01:15:20,120 --> 01:15:22,000
Speaker 5: Because the arguments that I've seen were like he had

1509
01:15:22,040 --> 01:15:25,160
Speaker 5: to have influenced the captain of the ship to like

1510
01:15:25,320 --> 01:15:27,840
Speaker 5: mess up. And you know, there's also stories about how

1511
01:15:27,840 --> 01:15:30,519
Speaker 5: there weren't enough lifeboats that this thing was doomed to

1512
01:15:30,600 --> 01:15:33,599
Speaker 5: begin with. There were issues with like the technology where

1513
01:15:33,640 --> 01:15:37,000
Speaker 5: the compartments like magnetically sealed, like trapping.

1514
01:15:36,640 --> 01:15:38,280
Speaker 1: People, and all of this. I mean, it was a

1515
01:15:38,280 --> 01:15:39,120
Speaker 1: whole There's.

1516
01:15:38,960 --> 01:15:41,160
Speaker 5: All kinds of things just about the Titanic seeking in

1517
01:15:41,160 --> 01:15:42,599
Speaker 5: general that are.

1518
01:15:42,520 --> 01:15:43,160
Speaker 1: A little off.

1519
01:15:43,840 --> 01:15:47,360
Speaker 5: But why would he actively do this and cause the

1520
01:15:47,400 --> 01:15:50,639
Speaker 5: ruin of his own company and something that he would

1521
01:15:50,800 --> 01:15:52,800
Speaker 5: cause him to lose a lot of money. Does this

1522
01:15:52,840 --> 01:15:54,840
Speaker 5: mean that he absolutely had nothing to do with it

1523
01:15:55,000 --> 01:15:57,080
Speaker 5: or was it maybe like the perfect alibi?

1524
01:15:57,800 --> 01:15:59,400
Speaker 1: I think more likely the first one.

1525
01:15:59,439 --> 01:16:02,000
Speaker 5: But it's fun to think about, and like you were saying, Matt,

1526
01:16:02,040 --> 01:16:03,400
Speaker 5: with these seeds of truth.

1527
01:16:03,160 --> 01:16:05,479
Speaker 1: In these grains, this is one of those. Yeah, I

1528
01:16:05,520 --> 01:16:06,240
Speaker 1: think there's some.

1529
01:16:07,200 --> 01:16:10,519
Speaker 5: It points to this idea of incredibly rich and powerful

1530
01:16:10,560 --> 01:16:13,640
Speaker 5: people going to any length that they need to to

1531
01:16:14,040 --> 01:16:17,120
Speaker 5: get their way, and this would, again, if proven to

1532
01:16:17,160 --> 01:16:20,519
Speaker 5: be true, would be a pretty elaborate Rube Goldberg esque

1533
01:16:20,640 --> 01:16:21,320
Speaker 5: example of that.

1534
01:16:22,240 --> 01:16:25,160
Speaker 3: You're making the evidence fit your narrative. Can you do

1535
01:16:25,200 --> 01:16:25,760
Speaker 3: this kind of thing?

1536
01:16:25,840 --> 01:16:28,200
Speaker 2: It's just so it's so weird because there were more

1537
01:16:28,240 --> 01:16:31,200
Speaker 2: than twenty two hundred people on the Titanic, and then

1538
01:16:31,240 --> 01:16:33,120
Speaker 2: if they're just killing, they're just seeking this.

1539
01:16:33,080 --> 01:16:35,320
Speaker 5: Ship to kill three people. What is that the cost

1540
01:16:35,360 --> 01:16:37,680
Speaker 5: of doing business? Yes, it's called collateral damage, my man.

1541
01:16:37,800 --> 01:16:40,000
Speaker 2: Okay, So the same way that a bank makes several

1542
01:16:40,040 --> 01:16:44,080
Speaker 2: billion dollars and they're like, we gotta find two hundred

1543
01:16:44,080 --> 01:16:44,799
Speaker 2: million dollars.

1544
01:16:45,160 --> 01:16:48,280
Speaker 5: She because given what we know about these how these

1545
01:16:48,280 --> 01:16:51,360
Speaker 5: like shadowy banking bros. Are able to rake in the

1546
01:16:51,400 --> 01:16:54,720
Speaker 5: profits off of the backs of American taxpayers, Maybe the

1547
01:16:54,800 --> 01:16:57,080
Speaker 5: loss of a little shipping company might be worth the

1548
01:16:57,120 --> 01:17:02,519
Speaker 5: exchange of utter control and domin and lifelong profits that

1549
01:17:02,840 --> 01:17:04,839
Speaker 5: no one can ever vote you out of making.

1550
01:17:05,120 --> 01:17:07,120
Speaker 1: So who knows? Sorrybe it is just the cost of

1551
01:17:07,160 --> 01:17:09,960
Speaker 1: doing business. Two questions? Got two questions? Okay, So.

1552
01:17:13,280 --> 01:17:16,439
Speaker 2: Doesn't it sound a little overcomplicated, Like couldn't they just

1553
01:17:17,080 --> 01:17:21,639
Speaker 2: poison someone or have like a horse accident or something.

1554
01:17:21,680 --> 01:17:23,080
Speaker 5: Well, it's like I said, I mean, these are the

1555
01:17:23,080 --> 01:17:25,880
Speaker 5: three that are named, but I mean that, you know,

1556
01:17:26,360 --> 01:17:28,800
Speaker 5: maybe they just wanted to like bump off, like all

1557
01:17:28,840 --> 01:17:30,120
Speaker 5: of these these fat cats.

1558
01:17:30,200 --> 01:17:32,680
Speaker 2: It's not about the money, it's about sending a message.

1559
01:17:32,560 --> 01:17:33,800
Speaker 1: That's probably true. I don't know.

1560
01:17:33,920 --> 01:17:37,880
Speaker 5: Now, this is definitely most likely completely bunk.

1561
01:17:37,680 --> 01:17:39,400
Speaker 1: But it's a lot of fun to talk about I.

1562
01:17:39,439 --> 01:17:40,799
Speaker 3: Want to think about. Yeah, I agree.

1563
01:17:41,000 --> 01:17:44,000
Speaker 2: And when when you were you were doing this research,

1564
01:17:44,040 --> 01:17:47,960
Speaker 2: you found some unanswered questions, like about these three guys'

1565
01:17:47,960 --> 01:17:49,720
Speaker 2: stances too, right, Yeah, I mean.

1566
01:17:49,680 --> 01:17:52,639
Speaker 5: There was nothing like really out there that was them

1567
01:17:52,680 --> 01:17:55,760
Speaker 5: just like totally soapboxing about how they hated the Fed.

1568
01:17:55,960 --> 01:17:58,200
Speaker 5: There were just some things about like their business practices

1569
01:17:58,320 --> 01:18:02,080
Speaker 5: and their politics that were slightly anti Fed leaning. But

1570
01:18:02,160 --> 01:18:03,880
Speaker 5: it was a little unclear as to why these three

1571
01:18:03,920 --> 01:18:06,160
Speaker 5: guys in particular would have been the most problematic.

1572
01:18:06,200 --> 01:18:08,200
Speaker 2: But they did actually die on the boat.

1573
01:18:08,240 --> 01:18:09,880
Speaker 1: They did, in fact die on the boat. It's true.

1574
01:18:10,000 --> 01:18:10,599
Speaker 1: It's true.

1575
01:18:11,560 --> 01:18:14,120
Speaker 3: Let's move on to the next one. Boys, let's do it.

1576
01:18:14,160 --> 01:18:15,880
Speaker 3: Is it you here? Yeah, I'm going to talk to

1577
01:18:15,960 --> 01:18:18,719
Speaker 3: you about this. Remember we mentioned that five sided building

1578
01:18:18,880 --> 01:18:21,920
Speaker 3: called the Pentagon. Well, guess what, here's a conspiracy theory

1579
01:18:22,000 --> 01:18:27,720
Speaker 3: that perhaps the Federal Reserve exists in some way as

1580
01:18:27,760 --> 01:18:32,960
Speaker 3: an extension of the United States military. Oh okay, all right,

1581
01:18:33,000 --> 01:18:35,120
Speaker 3: now this is a little wick a noodle, but let's

1582
01:18:35,120 --> 01:18:39,240
Speaker 3: get into it. There's some compelling evidence that in several cases,

1583
01:18:39,720 --> 01:18:44,960
Speaker 3: this country has fought wars specifically to preserve the ascendancy

1584
01:18:45,040 --> 01:18:47,360
Speaker 3: of the US dollar. A lot of times we refer

1585
01:18:47,479 --> 01:18:51,880
Speaker 3: to it as the petro dollar because it's tied to

1586
01:18:51,920 --> 01:18:53,760
Speaker 3: oil in a lot of ways. We've gone over that

1587
01:18:53,840 --> 01:18:56,519
Speaker 3: before in an episode, or check it out if you

1588
01:18:56,520 --> 01:18:58,479
Speaker 3: want to learn more about that. But in this case,

1589
01:18:58,640 --> 01:19:02,639
Speaker 3: we're talking about evidence that's been provided by a gentleman

1590
01:19:02,680 --> 01:19:05,720
Speaker 3: an author named John Perkins.

1591
01:19:06,320 --> 01:19:09,800
Speaker 2: Yeah, yeah, right, you're talking about Confessions of an Economic

1592
01:19:09,920 --> 01:19:15,160
Speaker 2: hit Man. It's I would describe it as a book,

1593
01:19:15,960 --> 01:19:18,479
Speaker 2: you know, like it's it's he wrote it. It's there,

1594
01:19:18,680 --> 01:19:23,280
Speaker 2: but he makes some interesting observations. For years and years

1595
01:19:23,320 --> 01:19:29,439
Speaker 2: and years, Perkins worked in the quasi government quasi private

1596
01:19:29,520 --> 01:19:35,839
Speaker 2: sector as ostensibly an economists, but according to his recount

1597
01:19:35,880 --> 01:19:38,920
Speaker 2: of the events, his real job was to travel to

1598
01:19:39,160 --> 01:19:45,600
Speaker 2: developing countries and to broker huge loans for infrastructure repairs

1599
01:19:45,640 --> 01:19:50,519
Speaker 2: and to to beguile the people and lie to them

1600
01:19:50,600 --> 01:19:53,800
Speaker 2: essentially about about how effective or not effective This infrastructure

1601
01:19:53,800 --> 01:19:55,960
Speaker 2: would be in about how affordable or not affordable it

1602
01:19:56,000 --> 01:19:58,439
Speaker 2: would be. So just imagine you're in a place where

1603
01:19:58,439 --> 01:20:01,599
Speaker 2: the lights don't always work sometimes get the bad water

1604
01:20:01,880 --> 01:20:05,280
Speaker 2: right with the hobo code thing earlier, and then someone says, hey,

1605
01:20:06,200 --> 01:20:08,920
Speaker 2: not only can we give you clean water all the time,

1606
01:20:09,000 --> 01:20:11,280
Speaker 2: not only quin give you power all the time, but

1607
01:20:11,400 --> 01:20:13,840
Speaker 2: it will be a steal. It will be so great

1608
01:20:13,880 --> 01:20:16,280
Speaker 2: for your country. You will make so much money. And

1609
01:20:16,280 --> 01:20:19,320
Speaker 2: there's just like one small detail. We only accept payments

1610
01:20:19,320 --> 01:20:20,240
Speaker 2: in US dollars.

1611
01:20:20,560 --> 01:20:23,759
Speaker 4: Yeah, and just by the way, yeah.

1612
01:20:23,120 --> 01:20:26,360
Speaker 2: Right, like you might have your own currency. That's very endearing,

1613
01:20:26,439 --> 01:20:32,559
Speaker 2: good hustle, but we are a dollar business. And through

1614
01:20:32,680 --> 01:20:36,120
Speaker 2: the power of this economic influence, the argument goes, or

1615
01:20:36,120 --> 01:20:40,240
Speaker 2: his story goes, they brought other countries to heal and

1616
01:20:40,280 --> 01:20:44,920
Speaker 2: force them into deals with multinational US based conglomerates.

1617
01:20:44,960 --> 01:20:45,080
Speaker 1: You know.

1618
01:20:45,360 --> 01:20:47,040
Speaker 3: Yeah, And the whole point is that they're loaning you

1619
01:20:47,240 --> 01:20:49,960
Speaker 3: an ungodly amount of money you will never pay back.

1620
01:20:50,000 --> 01:20:52,880
Speaker 3: It sounds familiar, right, A lot of money that you'll

1621
01:20:52,880 --> 01:20:58,519
Speaker 3: never pay back, maybe thirty years maybe if you're lucky mortgage.

1622
01:20:59,360 --> 01:21:02,200
Speaker 3: Oh yeah, anyway, if your a giant company, you're getting

1623
01:21:02,280 --> 01:21:05,679
Speaker 3: you know, perhaps billions of dollars in these US dollars

1624
01:21:05,680 --> 01:21:07,879
Speaker 3: that you don't have, that you're supposed to pay back somehow,

1625
01:21:08,040 --> 01:21:11,080
Speaker 3: and ultimately you just end up doing the bidding of

1626
01:21:11,120 --> 01:21:13,960
Speaker 3: whatever this lender wants you to do, at least within

1627
01:21:14,320 --> 01:21:16,360
Speaker 3: this the realm of this conspiracy theory.

1628
01:21:16,479 --> 01:21:20,640
Speaker 2: So it's actually not that implausible if you think about it.

1629
01:21:20,680 --> 01:21:24,040
Speaker 2: We don't have to agree with Perkins like forty thousand

1630
01:21:24,120 --> 01:21:27,000
Speaker 2: foot view, as they say in Corporate America. We don't

1631
01:21:27,000 --> 01:21:29,920
Speaker 2: have to agree with this big picture. The very disturbing

1632
01:21:29,960 --> 01:21:32,479
Speaker 2: thing about this is that several of the cases he

1633
01:21:32,560 --> 01:21:39,040
Speaker 2: recounts are true. They're absolutely true. Indonesia is a fantastic

1634
01:21:39,120 --> 01:21:45,519
Speaker 2: slash frightening example. Read the book, if you want, read

1635
01:21:45,520 --> 01:21:48,439
Speaker 2: the Wikipedia. I'm not gonna believe you about it. Just

1636
01:21:48,560 --> 01:21:51,240
Speaker 2: let us know what you think and think about how

1637
01:21:51,280 --> 01:21:53,840
Speaker 2: the actions of the FED and the actions of the

1638
01:21:53,920 --> 01:21:58,360
Speaker 2: US dollar affect countries abroad. The world is an increasingly

1639
01:21:58,439 --> 01:22:04,200
Speaker 2: smaller place. But speaking of fantastic segues, it turns out

1640
01:22:04,479 --> 01:22:07,760
Speaker 2: that we are headed toward the most wonderful time of

1641
01:22:07,800 --> 01:22:08,280
Speaker 2: the year.

1642
01:22:08,640 --> 01:22:10,760
Speaker 3: Yeah, we only have a few days, right, Yes, it's

1643
01:22:10,800 --> 01:22:11,760
Speaker 3: twenty eighth right now.

1644
01:22:11,800 --> 01:22:14,080
Speaker 1: Oh my gosh, what's your costume going to be?

1645
01:22:14,520 --> 01:22:17,800
Speaker 3: I'm buzz My wife is going to be Jesse, and

1646
01:22:17,840 --> 01:22:19,280
Speaker 3: my three year old son is going.

1647
01:22:19,120 --> 01:22:23,000
Speaker 4: To be Woody. Oh man, Yes, we're adorable.

1648
01:22:23,280 --> 01:22:25,760
Speaker 1: That is the cutest. That's right for us.

1649
01:22:25,800 --> 01:22:28,680
Speaker 2: The most wonderful time of the year is Halloween. So

1650
01:22:28,800 --> 01:22:32,240
Speaker 2: we wanted to save our last crazy notion, the craziest

1651
01:22:32,240 --> 01:22:35,719
Speaker 2: one we heard for the very end. And it's this. Okay,

1652
01:22:35,760 --> 01:22:37,840
Speaker 2: go with me here. Pretend we're all at the same

1653
01:22:37,880 --> 01:22:42,360
Speaker 2: bar and it's like two am right, Okay? So what if?

1654
01:22:42,960 --> 01:22:46,280
Speaker 2: What if? What if? What if the Federal Reserve, instead

1655
01:22:46,280 --> 01:22:50,720
Speaker 2: of a financial institution, is an occult institution?

1656
01:22:51,400 --> 01:22:54,479
Speaker 4: Oh shit, people really believe this.

1657
01:22:54,520 --> 01:22:55,479
Speaker 1: We didn't make this up.

1658
01:22:56,320 --> 01:22:59,880
Speaker 2: The idea is that what if every single dollar spent

1659
01:23:00,160 --> 01:23:04,600
Speaker 2: to treat it from one party to another is actually

1660
01:23:05,400 --> 01:23:08,080
Speaker 2: a spell. I'm not gonna this poop on it, man,

1661
01:23:08,120 --> 01:23:10,679
Speaker 2: I'm not gonna.

1662
01:23:09,680 --> 01:23:10,719
Speaker 4: I want to cast a spell.

1663
01:23:11,680 --> 01:23:15,760
Speaker 2: So for some fringe researchers, this means that the Fed

1664
01:23:15,880 --> 01:23:19,760
Speaker 2: is way more Slytherin than systemic. It's been way more

1665
01:23:19,800 --> 01:23:23,880
Speaker 2: like Warlocky than White House, you know. And if the

1666
01:23:24,000 --> 01:23:28,200
Speaker 2: dollar is a spell cast by some strange cabal, then

1667
01:23:28,400 --> 01:23:30,719
Speaker 2: the following assumptions have to exist.

1668
01:23:32,040 --> 01:23:34,799
Speaker 5: Well, it's like this idea of exchanging energy or somehow

1669
01:23:34,880 --> 01:23:39,679
Speaker 5: hoarding energy through the exchange of currency, which again has

1670
01:23:39,680 --> 01:23:43,080
Speaker 5: this imaginary value, and the one of the proponents of

1671
01:23:43,080 --> 01:23:46,080
Speaker 5: this theory talks about how it's all about like a

1672
01:23:46,160 --> 01:23:49,280
Speaker 5: dollar represents energy because when you are spending it, you

1673
01:23:49,320 --> 01:23:52,519
Speaker 5: are paying for a service or something that would require

1674
01:23:52,600 --> 01:23:56,519
Speaker 5: time to do or actual physical energy. So somehow this

1675
01:23:56,640 --> 01:23:59,800
Speaker 5: system they can harness this and kind of hoard it

1676
01:23:59,800 --> 01:24:02,880
Speaker 5: so where and use it for some purpose. But here

1677
01:24:02,880 --> 01:24:05,760
Speaker 5: here are the assumptions that what's the first one is

1678
01:24:05,800 --> 01:24:08,120
Speaker 5: that magic, at least this type of magic is real.

1679
01:24:08,200 --> 01:24:08,599
Speaker 1: That's cool.

1680
01:24:08,600 --> 01:24:12,200
Speaker 5: We've got that reproducible, reproducible, right, yeah, We've got this

1681
01:24:12,280 --> 01:24:15,680
Speaker 5: idea secret group of people not only exist but cooperates.

1682
01:24:15,680 --> 01:24:18,040
Speaker 1: And we've talked about how hard cooperation can be. But

1683
01:24:18,120 --> 01:24:19,440
Speaker 1: to work this magic.

1684
01:24:19,160 --> 01:24:22,280
Speaker 5: And to crewe this energy from billions of other people,

1685
01:24:22,720 --> 01:24:27,479
Speaker 5: and that some portion of this can actually be stored

1686
01:24:27,560 --> 01:24:30,040
Speaker 5: and used in some nefarious way.

1687
01:24:30,200 --> 01:24:33,360
Speaker 3: You mean, like stored up in giant bank vaults in

1688
01:24:33,479 --> 01:24:37,559
Speaker 3: places where you could store all your energy, or maybe

1689
01:24:37,600 --> 01:24:38,720
Speaker 3: in the stock.

1690
01:24:38,400 --> 01:24:42,920
Speaker 2: Market or in the Illuminatus trilogy, that kind of energy

1691
01:24:43,000 --> 01:24:45,520
Speaker 2: is stored in the Pentagon from traffic does.

1692
01:24:45,479 --> 01:24:48,000
Speaker 1: Exactly what the different book, right.

1693
01:24:48,120 --> 01:24:49,920
Speaker 2: And a work of fiction as far as we know.

1694
01:24:50,240 --> 01:24:53,400
Speaker 2: But it's it's a tall order. This is spooky stuff,

1695
01:24:53,479 --> 01:24:58,200
Speaker 2: right to people who believe that the FED is actively

1696
01:24:58,320 --> 01:25:03,599
Speaker 2: some kind of u evil Harry Potter thing voldemortine it's

1697
01:25:03,680 --> 01:25:09,280
Speaker 2: way through the international financial system. The symbols on the

1698
01:25:09,320 --> 01:25:13,720
Speaker 2: dollar represents something else, entirely, something that the Bureau of

1699
01:25:13,800 --> 01:25:18,800
Speaker 2: Engraving does not mention in this idea. That all seen

1700
01:25:18,880 --> 01:25:22,440
Speaker 2: eye on the floating capstone is not the eye of Providence.

1701
01:25:22,560 --> 01:25:25,640
Speaker 1: Instead, it is the eye of Satan.

1702
01:25:27,040 --> 01:25:29,799
Speaker 4: Sorry, I watched you. I'm so sorry.

1703
01:25:31,000 --> 01:25:34,559
Speaker 2: It's yeah, it's the eye of Lucifer morning Star. And

1704
01:25:34,600 --> 01:25:37,040
Speaker 2: the light represents a different sort of illumination.

1705
01:25:38,040 --> 01:25:38,960
Speaker 4: Yeah, exactly.

1706
01:25:40,040 --> 01:25:45,120
Speaker 3: In this case, it's it's Lucifer's light, right, the illuminated one,

1707
01:25:45,800 --> 01:25:49,400
Speaker 3: just like that illumination global unlimited that which, by the way,

1708
01:25:49,439 --> 01:25:53,479
Speaker 3: thanks you for all for joining us tonight. There is

1709
01:25:53,520 --> 01:25:55,160
Speaker 3: there is kind of a little ritual we have to

1710
01:25:55,160 --> 01:25:57,840
Speaker 3: do as we exit for them. We'll we'll talk about

1711
01:25:57,840 --> 01:26:00,599
Speaker 3: it later. Yeah, but you'll notice, you'll it'll be fine.

1712
01:26:01,040 --> 01:26:02,000
Speaker 4: Yeah, Okay, but.

1713
01:26:02,400 --> 01:26:05,600
Speaker 2: This also this light result. This light is meant to

1714
01:26:05,640 --> 01:26:09,519
Speaker 2: symbolize in this idea, the light of the illuminated ones

1715
01:26:09,840 --> 01:26:13,479
Speaker 2: those who are aware of this mechanism. But the light

1716
01:26:13,560 --> 01:26:16,280
Speaker 2: has a double meaning to this idea, and it's the

1717
01:26:16,360 --> 01:26:21,800
Speaker 2: idea that you and us and your cousin that you

1718
01:26:21,920 --> 01:26:24,920
Speaker 2: probably should call check in on them after this show

1719
01:26:25,200 --> 01:26:29,560
Speaker 2: that we are ourselves transparent to this gaze and incapable

1720
01:26:29,840 --> 01:26:33,280
Speaker 2: of holding secrets. And then there's this whole other thing

1721
01:26:33,360 --> 01:26:34,360
Speaker 2: with the eagle right.

1722
01:26:34,760 --> 01:26:37,000
Speaker 3: Well, well, first of all, before we get to the eagle,

1723
01:26:37,360 --> 01:26:40,599
Speaker 3: just that whole idea that we can't hide anything from

1724
01:26:40,800 --> 01:26:44,960
Speaker 3: this organization or the most powerful people. Can we just

1725
01:26:45,080 --> 01:26:47,160
Speaker 3: one more time we talked about all the time we're

1726
01:26:47,160 --> 01:26:49,640
Speaker 3: all walking around with a SERI in our pockets. We

1727
01:26:49,680 --> 01:26:52,160
Speaker 3: get home, there's a Google Home hanging out there, and

1728
01:26:52,200 --> 01:26:54,599
Speaker 3: Alexa just chilling going, what's that you said?

1729
01:26:54,640 --> 01:26:56,679
Speaker 4: Oh, just keep talking, It's fine, just keep talking.

1730
01:26:56,720 --> 01:26:59,760
Speaker 3: I'm listening. I'm listening. Or you know, we've got a

1731
01:26:59,800 --> 01:27:01,960
Speaker 3: cat that I've got covered up by the way Ben

1732
01:27:02,040 --> 01:27:03,600
Speaker 3: has covered up Nole, Is you just covered up?

1733
01:27:03,760 --> 01:27:03,880
Speaker 7: Man?

1734
01:27:03,880 --> 01:27:05,160
Speaker 1: I don't care. You're going.

1735
01:27:06,880 --> 01:27:09,840
Speaker 5: They can have my precious data as long as I

1736
01:27:09,840 --> 01:27:10,840
Speaker 5: can play POKEMONO.

1737
01:27:13,000 --> 01:27:14,680
Speaker 3: I'm just saying, we don't need we don't need this

1738
01:27:14,720 --> 01:27:16,680
Speaker 3: to be an all seeing eye and actuality.

1739
01:27:16,720 --> 01:27:18,960
Speaker 4: We're already doing it to ourselves. Bros.

1740
01:27:19,680 --> 01:27:25,720
Speaker 6: Okay, all right, are you good? Fine, Let's just do

1741
01:27:25,760 --> 01:27:27,800
Speaker 6: what it keeps. Keep going good, keep going, doing a

1742
01:27:27,840 --> 01:27:30,759
Speaker 6: commercial breaker. It's way power.

1743
01:27:33,200 --> 01:27:36,360
Speaker 2: So the eagle, then, in this idea, this is a

1744
01:27:36,400 --> 01:27:39,320
Speaker 2: cult idea, is not the bald eagle. What do we

1745
01:27:39,360 --> 01:27:43,559
Speaker 2: call them, Gregory, It's not your pal greg Instead, it's

1746
01:27:43,560 --> 01:27:46,800
Speaker 2: an It's taken from ancient pagan symbolism. And people who

1747
01:27:46,840 --> 01:27:49,840
Speaker 2: believe this will say, well, well, you know, Nole, you

1748
01:27:49,920 --> 01:27:53,080
Speaker 2: know Matt that uh. That eagle was also used to

1749
01:27:53,120 --> 01:27:56,599
Speaker 2: signify the Roman Empire, and again it was used as

1750
01:27:56,640 --> 01:27:59,719
Speaker 2: a nikon for a certain German regime.

1751
01:27:59,800 --> 01:28:02,439
Speaker 1: Do you in World War Two? This is Benjamin Franklin

1752
01:28:02,520 --> 01:28:02,960
Speaker 1: talking here.

1753
01:28:03,000 --> 01:28:06,719
Speaker 2: This is this is a historically accurate Benjamin Franklin somehow

1754
01:28:06,760 --> 01:28:08,040
Speaker 2: aware of the nineteen forties.

1755
01:28:08,360 --> 01:28:10,599
Speaker 3: I told you, guys, the Hits, the Nazis made an appearance.

1756
01:28:10,640 --> 01:28:14,400
Speaker 2: They of course all the hits, and the Nazis were weird,

1757
01:28:15,240 --> 01:28:15,880
Speaker 2: just show up in.

1758
01:28:15,880 --> 01:28:16,840
Speaker 4: Everything, dude.

1759
01:28:16,920 --> 01:28:19,960
Speaker 3: The full society was a real thing, and there were

1760
01:28:20,000 --> 01:28:24,120
Speaker 3: some occult stuff going on there, a ridiculous thing.

1761
01:28:24,160 --> 01:28:30,200
Speaker 2: But this this also leads to differing more esoteric mentions

1762
01:28:30,320 --> 01:28:33,480
Speaker 2: of numbers because a lot of people believe in numerology

1763
01:28:33,920 --> 01:28:38,639
Speaker 2: as well, So it doesn't matter what you care about

1764
01:28:39,240 --> 01:28:43,800
Speaker 2: just aesthetically, there's a there's a shit ton of groupings

1765
01:28:43,840 --> 01:28:47,000
Speaker 2: of thirteen on the dollar, like they went all in.

1766
01:28:48,240 --> 01:28:49,360
Speaker 1: Are what are some examples?

1767
01:28:49,439 --> 01:28:52,160
Speaker 5: Yeah, we've got the thirteen stars, thirteen stripes in the flag,

1768
01:28:52,240 --> 01:28:55,599
Speaker 5: thirteen arrows that Greg is clutching in his little little

1769
01:28:55,840 --> 01:28:58,920
Speaker 5: eagle talents. We got thirteen leaves and berries in the

1770
01:28:58,960 --> 01:29:02,559
Speaker 5: olive branch, letters in the phrase give it to me

1771
01:29:02,560 --> 01:29:06,200
Speaker 5: Ben as miss aniid queptis, thank you Ben. And then

1772
01:29:06,240 --> 01:29:10,120
Speaker 5: we have we have also thirteen layers in that creepy pyramid.

1773
01:29:10,479 --> 01:29:13,000
Speaker 3: Yeah, what else do we have thirteen of? When we

1774
01:29:13,120 --> 01:29:17,200
Speaker 3: founded this country? Colonies, so totally makes sense. It's fine,

1775
01:29:17,200 --> 01:29:18,960
Speaker 3: it's just thirteen colonies, right, Yeah.

1776
01:29:18,840 --> 01:29:22,000
Speaker 5: But we're really like going down this numerological rabbit hole.

1777
01:29:22,040 --> 01:29:24,280
Speaker 5: Maybe the founding Father's like it's got to be thirteen. Yeah,

1778
01:29:24,320 --> 01:29:26,720
Speaker 5: you gotta have thirteen because that's how we're gonna make

1779
01:29:26,720 --> 01:29:27,360
Speaker 5: the spell work.

1780
01:29:27,760 --> 01:29:29,760
Speaker 2: Yeah, And so it was like, why are you freaking out?

1781
01:29:29,800 --> 01:29:32,639
Speaker 2: We got nine that's solid And they were like, no, man,

1782
01:29:33,160 --> 01:29:36,599
Speaker 2: we've got a thing we're gonna do later. But but

1783
01:29:36,720 --> 01:29:40,040
Speaker 2: to be absolutely clear, the off chance that someone is

1784
01:29:40,040 --> 01:29:42,920
Speaker 2: frightened about this, uh there.

1785
01:29:42,720 --> 01:29:44,120
Speaker 1: None of this stuff has been proven.

1786
01:29:44,240 --> 01:29:46,280
Speaker 2: None of this stuff has been proven in a way

1787
01:29:46,320 --> 01:29:49,479
Speaker 2: that people accept or at least when we say that,

1788
01:29:49,720 --> 01:29:55,200
Speaker 2: we mean that no one has come to us and said, ah, shit,

1789
01:29:55,360 --> 01:29:57,920
Speaker 2: you guys figured it out, you got me? Was it

1790
01:29:57,960 --> 01:30:00,519
Speaker 2: we had a good run? Was it thirteen? Where they're

1791
01:30:00,520 --> 01:30:00,880
Speaker 2: too many?

1792
01:30:00,880 --> 01:30:01,320
Speaker 3: Thirteen?

1793
01:30:01,800 --> 01:30:04,920
Speaker 2: We were worried about the thirteens, But my god, you guys.

1794
01:30:06,120 --> 01:30:07,880
Speaker 1: So no one has proven this.

1795
01:30:08,520 --> 01:30:12,200
Speaker 2: But it is true that the Federal Reserve was conceived

1796
01:30:12,360 --> 01:30:16,320
Speaker 2: and founded as the result of a genuine conspiracy, not

1797
01:30:16,400 --> 01:30:21,400
Speaker 2: a conspiracy theory. These people conspired to create this thing

1798
01:30:21,760 --> 01:30:25,360
Speaker 2: and then they covered it up effectively for years, and

1799
01:30:25,520 --> 01:30:29,799
Speaker 2: even today many of its operations are conducted in secret.

1800
01:30:30,120 --> 01:30:33,320
Speaker 2: So it's no wonder that the story here inevitably ends

1801
01:30:33,560 --> 01:30:38,640
Speaker 2: on some vital questions. Does the FED prevent disasters or

1802
01:30:38,680 --> 01:30:39,920
Speaker 2: does it create them?

1803
01:30:40,000 --> 01:30:40,200
Speaker 1: You know?

1804
01:30:40,360 --> 01:30:42,840
Speaker 2: And if it does create them, does it do so

1805
01:30:43,040 --> 01:30:50,880
Speaker 2: through honest mistakes, through incompetence or through design.

1806
01:30:52,840 --> 01:30:53,200
Speaker 1: That's it.

1807
01:30:53,240 --> 01:30:53,680
Speaker 2: I don't know.

1808
01:30:53,760 --> 01:30:59,080
Speaker 3: I mean, Matt, dude, it's crazy. We can't do anything

1809
01:30:59,120 --> 01:31:02,439
Speaker 3: about this. Seriously, none of us sitting in this room

1810
01:31:02,479 --> 01:31:03,760
Speaker 3: could do anything about this.

1811
01:31:04,400 --> 01:31:04,719
Speaker 2: Ha ha.

1812
01:31:07,360 --> 01:31:09,120
Speaker 1: A fun show, you guys.

1813
01:31:11,400 --> 01:31:14,599
Speaker 3: Sorry, I'm sorry. Really just frustrates me to all.

1814
01:31:14,640 --> 01:31:14,800
Speaker 1: Hell.

1815
01:31:15,040 --> 01:31:18,280
Speaker 2: Well, it is true, man, I mean, either way, there's

1816
01:31:18,360 --> 01:31:21,920
Speaker 2: some We don't need magic to be real to know

1817
01:31:21,960 --> 01:31:25,160
Speaker 2: that there are problematic things here. There is a disturbing

1818
01:31:25,200 --> 01:31:27,519
Speaker 2: truth at the heart of these conspiracies. There's a bit

1819
01:31:27,520 --> 01:31:32,200
Speaker 2: of historical fact hidden in that fiduciary fiction. And the

1820
01:31:32,240 --> 01:31:35,559
Speaker 2: next time you pull out a dollar, think about it.

1821
01:31:35,600 --> 01:31:37,880
Speaker 2: Ask yourself what it may or may not represent, and

1822
01:31:37,960 --> 01:31:40,200
Speaker 2: how it impacts the world in which we live. As

1823
01:31:40,240 --> 01:31:41,960
Speaker 2: a matter of fact, the next time you walk by

1824
01:31:42,200 --> 01:31:45,720
Speaker 2: a strange bit of odd graffiti scrawled and sharpie or

1825
01:31:46,240 --> 01:31:49,839
Speaker 2: chalk or spray paint along a busy street, ask yourself

1826
01:31:49,840 --> 01:31:53,080
Speaker 2: whether it's a work of art a hidden message. If so,

1827
01:31:53,320 --> 01:31:56,479
Speaker 2: who is it meant for? What does it say? Is

1828
01:31:56,520 --> 01:32:01,920
Speaker 2: it something they don't want you to know? Okay, all right, Matt,

1829
01:32:01,960 --> 01:32:05,200
Speaker 2: So that's mostly the show, right, Yeah, it.

1830
01:32:05,160 --> 01:32:06,720
Speaker 4: Was pretty good. I enjoyed it.

1831
01:32:06,800 --> 01:32:10,240
Speaker 3: I enjoyed that but being on it and listening to it.

1832
01:32:10,720 --> 01:32:15,759
Speaker 2: Good job Ben, good job, good job, Dil, good job everybody. Also,

1833
01:32:15,840 --> 01:32:18,720
Speaker 2: we were probably doing a better job in that episode

1834
01:32:19,080 --> 01:32:23,800
Speaker 2: because Paul mission controlled DECANDT was at the show.

1835
01:32:23,920 --> 01:32:26,679
Speaker 4: And that's the whole reason. He just gave all the vibes.

1836
01:32:26,800 --> 01:32:29,040
Speaker 3: And it was the fifth iteration, the fifth time we

1837
01:32:29,040 --> 01:32:31,439
Speaker 3: had done it, so we had ironed it out a

1838
01:32:31,479 --> 01:32:31,880
Speaker 3: little bit.

1839
01:32:32,000 --> 01:32:34,720
Speaker 2: Oh but there's one other thing. Yeah, we maybe we

1840
01:32:34,760 --> 01:32:38,200
Speaker 2: should have mentioned this at the top. We like to

1841
01:32:38,240 --> 01:32:40,000
Speaker 2: do sort of a Q and A thing at the

1842
01:32:40,080 --> 01:32:43,240
Speaker 2: end of a show, and we had a Q and

1843
01:32:43,320 --> 01:32:47,160
Speaker 2: A that took place not in Atlanta but earlier in Philadelphia.

1844
01:32:47,200 --> 01:32:51,360
Speaker 2: And we really enjoyed this QA. At least we enjoyed

1845
01:32:51,360 --> 01:32:53,720
Speaker 2: doing it at the time. I haven't listened back yet.

1846
01:32:53,840 --> 01:32:56,480
Speaker 3: Oh it's great, Oh good, just so many good questions

1847
01:32:56,520 --> 01:33:00,800
Speaker 3: and passionate people. Probably it was my favorite QA as well.

1848
01:33:01,040 --> 01:33:02,680
Speaker 3: So we're going to listen to it now.

1849
01:33:04,560 --> 01:33:07,120
Speaker 1: Hey, hey guys, Hey man.

1850
01:33:08,760 --> 01:33:09,080
Speaker 4: Trevor.

1851
01:33:09,560 --> 01:33:12,639
Speaker 1: Hey, how's it going. Oh, it's going well.

1852
01:33:14,320 --> 01:33:17,719
Speaker 9: Going back to the beginning of the podcast, you guys

1853
01:33:17,720 --> 01:33:23,679
Speaker 9: were talking about the hobo symbols. Yes, so if stuff

1854
01:33:23,800 --> 01:33:25,960
Speaker 9: they don't want you to know how to hobo symbol,

1855
01:33:26,560 --> 01:33:29,160
Speaker 9: and you guys were going to post one on the

1856
01:33:29,200 --> 01:33:32,680
Speaker 9: outside of World Cafe Live after we leave here with

1857
01:33:33,160 --> 01:33:35,120
Speaker 9: that spray paint that didn't bring.

1858
01:33:35,360 --> 01:33:37,360
Speaker 4: Oh what would it look like? I can tell you

1859
01:33:37,360 --> 01:33:37,880
Speaker 4: what it would be.

1860
01:33:38,080 --> 01:33:41,719
Speaker 2: Yeah, we cannot officially tell you it would be the first.

1861
01:33:42,560 --> 01:33:46,639
Speaker 2: We cannot officially tell you that it would definitely be.

1862
01:33:46,840 --> 01:33:52,240
Speaker 3: The first three alpha numeric letters from our phone number.

1863
01:33:53,240 --> 01:33:54,360
Speaker 4: Why that's t D.

1864
01:33:58,240 --> 01:34:03,640
Speaker 2: We cannot cannot officially tell you that would that that

1865
01:34:03,760 --> 01:34:06,599
Speaker 2: it would be something involving an eye in a triangle

1866
01:34:06,640 --> 01:34:10,759
Speaker 2: like and we cannot officially tell you that it would

1867
01:34:10,760 --> 01:34:14,559
Speaker 2: be something involving a triangle, all.

1868
01:34:14,520 --> 01:34:20,160
Speaker 4: Right, or maybe maybe Trevor, maybe it would be.

1869
01:34:21,640 --> 01:34:23,720
Speaker 1: Yeah, there you go, Here you go, that's the thing.

1870
01:34:24,120 --> 01:34:29,600
Speaker 2: Okay, yeah, Redo, Redo, We cannot officially tell you it

1871
01:34:29,600 --> 01:34:30,720
Speaker 2: would be a six fingered tap.

1872
01:34:33,160 --> 01:34:36,080
Speaker 4: Thanks for coming true, Thanks Trevor.

1873
01:34:38,560 --> 01:34:43,640
Speaker 1: It was Hi. My name is Chris, Chris Listener. I

1874
01:34:43,720 --> 01:34:45,519
Speaker 1: was just wondering if, like with this.

1875
01:34:46,880 --> 01:34:51,599
Speaker 10: Theme of like Federal Reserve, you know, like control, like

1876
01:34:51,800 --> 01:34:55,639
Speaker 10: if this like you ever thought about like student loans

1877
01:34:55,800 --> 01:34:58,799
Speaker 10: as a way of like controlling I think about every.

1878
01:34:58,640 --> 01:35:02,680
Speaker 3: Dad, Yeah, dude, Yeah, student loans just like just like.

1879
01:35:02,640 --> 01:35:05,200
Speaker 10: A medical condition, like where it's like a form of control.

1880
01:35:05,320 --> 01:35:06,519
Speaker 10: But right, here's how you do.

1881
01:35:07,600 --> 01:35:09,559
Speaker 1: Yeah, I'm working on it, that is.

1882
01:35:09,640 --> 01:35:13,519
Speaker 2: But because I've got I've got I've got one long

1883
01:35:13,640 --> 01:35:15,679
Speaker 2: term relationship in my life.

1884
01:35:16,160 --> 01:35:20,760
Speaker 1: Uh it's my main girlfriend, Sally may still. Yeah, mine

1885
01:35:20,760 --> 01:35:23,080
Speaker 1: got sold. Mine's not even Sally anymore. I don't even

1886
01:35:23,080 --> 01:35:23,800
Speaker 1: know what it's called.

1887
01:35:23,920 --> 01:35:27,280
Speaker 5: Oh yeah, but yeah, that's that's the one.

1888
01:35:27,960 --> 01:35:30,800
Speaker 2: Yeah Na, Yeah, Well that's that's I mean, that's an

1889
01:35:30,800 --> 01:35:35,320
Speaker 2: important question, and it is. It's strange because it will

1890
01:35:35,439 --> 01:35:40,680
Speaker 2: occasionally get reported, but it's crippling the growth of future generations.

1891
01:35:41,000 --> 01:35:41,160
Speaker 11: You know.

1892
01:35:41,280 --> 01:35:44,360
Speaker 2: Have you ever had somebody who's older in your family,

1893
01:35:44,520 --> 01:35:46,959
Speaker 2: maybe a little stodgy, and they're like, well.

1894
01:35:46,840 --> 01:35:49,360
Speaker 11: When I was, when I was twenty eight, I had

1895
01:35:49,439 --> 01:35:52,000
Speaker 11: you know, like I had my job at the paint store,

1896
01:35:52,040 --> 01:35:54,839
Speaker 11: and I sold my first house and made it a rental,

1897
01:35:55,080 --> 01:35:57,800
Speaker 11: and then I bought a car, and I just you know,

1898
01:35:58,080 --> 01:35:58,959
Speaker 11: pooped everywhere.

1899
01:36:02,200 --> 01:36:04,400
Speaker 1: I don't know, pop a lot of poop.

1900
01:36:04,439 --> 01:36:09,280
Speaker 12: But but it's it's true if your's but if it's

1901
01:36:09,320 --> 01:36:12,880
Speaker 12: interesting that you asked this tonight because I looked into

1902
01:36:12,960 --> 01:36:16,559
Speaker 12: it and for that situation in post world.

1903
01:36:16,400 --> 01:36:19,639
Speaker 2: War two and the boom of the economy to exist.

1904
01:36:19,960 --> 01:36:23,080
Speaker 2: For someone making minimum wage to buy a house, have

1905
01:36:23,120 --> 01:36:27,120
Speaker 2: two point five kids, all that other census bullshit, the

1906
01:36:27,240 --> 01:36:30,599
Speaker 2: minimum wage would have to be slightly over forty five

1907
01:36:30,640 --> 01:36:31,360
Speaker 2: dollars an hour.

1908
01:36:31,640 --> 01:36:33,639
Speaker 1: That's how imprations worked out, right now.

1909
01:36:33,880 --> 01:36:37,800
Speaker 3: Yeah, I don't make that. Does anybody make that out here?

1910
01:36:37,880 --> 01:36:40,320
Speaker 3: They're not gonna say, oh, of course you do.

1911
01:36:41,520 --> 01:36:41,880
Speaker 1: You do.

1912
01:36:42,320 --> 01:36:46,519
Speaker 10: Yeah, that's what they bill me for. They don't pay

1913
01:36:46,560 --> 01:36:49,760
Speaker 10: me that exactly.

1914
01:36:52,080 --> 01:36:55,160
Speaker 2: But yeah, that's actually that's that's something that we've been

1915
01:36:55,200 --> 01:36:57,960
Speaker 2: putting a lot of digging into and we're we're hoping

1916
01:36:58,000 --> 01:37:01,280
Speaker 2: to do an episode on that pretty soon. Thank you

1917
01:37:01,439 --> 01:37:05,479
Speaker 2: for asking this question. As far as the implications of it,

1918
01:37:05,840 --> 01:37:08,680
Speaker 2: I would say, yes, it is. It is not a

1919
01:37:08,720 --> 01:37:13,080
Speaker 2: conspiracy theory. It is a conspiracy people are conspiring to

1920
01:37:15,160 --> 01:37:19,719
Speaker 2: privatize education. Like at the same time that student loans

1921
01:37:19,800 --> 01:37:22,639
Speaker 2: boomed and I'll get off my soapbox in a second,

1922
01:37:22,640 --> 01:37:25,360
Speaker 2: I hope you don't regret asking this. But at the

1923
01:37:25,400 --> 01:37:29,400
Speaker 2: same time that student loans began booming as an increasingly

1924
01:37:29,439 --> 01:37:34,600
Speaker 2: privatized industry, there also occurred this change in the zeitgeist

1925
01:37:34,800 --> 01:37:38,240
Speaker 2: wherein you were told we were all told that the

1926
01:37:38,280 --> 01:37:40,519
Speaker 2: only way you can have a life worth living in

1927
01:37:40,560 --> 01:37:43,439
Speaker 2: this country is if you can sign yourself to college,

1928
01:37:43,720 --> 01:37:46,080
Speaker 2: if you can sign yourself to grad school, if you

1929
01:37:46,120 --> 01:37:49,160
Speaker 2: don't go to trade school, if you like we we

1930
01:37:49,160 --> 01:37:52,599
Speaker 2: were taught to look down on people for that reason.

1931
01:37:52,960 --> 01:37:57,320
Speaker 2: And that's yeah, and that's that's insidious.

1932
01:37:56,240 --> 01:37:58,680
Speaker 4: And it's like it's.

1933
01:37:57,840 --> 01:38:01,560
Speaker 2: Going to affect us, it's straight up. Edward berde.

1934
01:38:02,479 --> 01:38:07,120
Speaker 1: Nice, I'm Lindsay. I'm here with Chris Lindsay.

1935
01:38:07,320 --> 01:38:09,040
Speaker 4: I've been listening for a couple of years.

1936
01:38:09,360 --> 01:38:12,680
Speaker 1: How do you guys stay optimistic? You dive into.

1937
01:38:14,240 --> 01:38:18,000
Speaker 5: Some of the things they bor on ridiculous or esoteric.

1938
01:38:18,400 --> 01:38:20,640
Speaker 10: But tonight you talked about a lot of things that

1939
01:38:20,720 --> 01:38:23,599
Speaker 10: affect us as citizens or just people.

1940
01:38:24,200 --> 01:38:27,160
Speaker 1: So how do you keep the optimism.

1941
01:38:26,479 --> 01:38:27,040
Speaker 2: With the show?

1942
01:38:27,080 --> 01:38:28,360
Speaker 1: And you seem optimistic?

1943
01:38:30,439 --> 01:38:31,040
Speaker 2: You have beer?

1944
01:38:34,120 --> 01:38:35,760
Speaker 1: No, I don't know. It's hard. It's hard.

1945
01:38:36,240 --> 01:38:39,200
Speaker 5: I mean I have a me and Matt have kids,

1946
01:38:39,240 --> 01:38:41,799
Speaker 5: and that makes it extra hard because it's all filtered

1947
01:38:41,840 --> 01:38:43,519
Speaker 5: through this notion of like what's it going to be

1948
01:38:43,600 --> 01:38:44,920
Speaker 5: like for my nine year old?

1949
01:38:44,960 --> 01:38:47,800
Speaker 1: And I'm constantly living in fear and dread.

1950
01:38:47,840 --> 01:38:52,000
Speaker 5: But you know, one day at a time, and I

1951
01:38:52,040 --> 01:38:53,920
Speaker 5: just I just I just have faith that my kid

1952
01:38:54,040 --> 01:38:56,840
Speaker 5: is smarter than me and it's gonna be like pluckier

1953
01:38:56,880 --> 01:38:58,559
Speaker 5: than me and just figure that ship out and just

1954
01:38:58,600 --> 01:38:59,960
Speaker 5: like navigate whatever.

1955
01:39:00,240 --> 01:39:03,720
Speaker 1: Throws at her. And that's that's my optimism there.

1956
01:39:04,040 --> 01:39:07,720
Speaker 3: So I honestly have to say that it requires cognitive

1957
01:39:07,720 --> 01:39:12,680
Speaker 3: dissonance to continue. I'm being completely honest to know the

1958
01:39:12,720 --> 01:39:15,799
Speaker 3: things that we all in this room know and continue

1959
01:39:15,800 --> 01:39:19,200
Speaker 3: on as though everything is okay. We just can't. We

1960
01:39:19,280 --> 01:39:21,160
Speaker 3: kind of have to not look at it. And I

1961
01:39:21,160 --> 01:39:22,800
Speaker 3: think that's the way it's been for a long time

1962
01:39:22,840 --> 01:39:23,679
Speaker 3: for a lot of humans.

1963
01:39:23,760 --> 01:39:25,439
Speaker 1: Yeah, but it's literally our job to look at it.

1964
01:39:26,200 --> 01:39:31,040
Speaker 2: But we in particular, Yes, but that is that not

1965
01:39:31,200 --> 01:39:32,200
Speaker 2: a head in the sand.

1966
01:39:32,280 --> 01:39:35,480
Speaker 3: For me, it's video games, alcohol, and nicotine.

1967
01:39:35,560 --> 01:39:40,480
Speaker 2: So yeah, I have about three feelings a year. Optimism

1968
01:39:40,560 --> 01:39:47,760
Speaker 2: is not one anybody else somebody else. Thank you so

1969
01:39:47,840 --> 01:39:48,719
Speaker 2: much for passing around.

1970
01:39:48,800 --> 01:39:51,880
Speaker 4: Yes, thank you. This is fun. It's connecting us all.

1971
01:39:52,160 --> 01:39:55,880
Speaker 13: Hey guys, hey man, I'm in the construction industry. So

1972
01:39:56,080 --> 01:39:58,960
Speaker 13: to the student loan thing, we're now seeing a dip

1973
01:39:59,240 --> 01:40:01,720
Speaker 13: in available labor really because.

1974
01:40:01,680 --> 01:40:02,639
Speaker 4: Because of that idea.

1975
01:40:03,160 --> 01:40:05,320
Speaker 13: But uh, going back to the beginning, there's a great

1976
01:40:06,479 --> 01:40:12,920
Speaker 13: documentary about the toy and beetles called Resurrect Deadline.

1977
01:40:11,600 --> 01:40:15,559
Speaker 5: Starting everything from that. Yeah, it's a great film.

1978
01:40:15,560 --> 01:40:16,360
Speaker 1: It's really good film.

1979
01:40:16,720 --> 01:40:17,840
Speaker 13: Fan a ridiculous history.

1980
01:40:18,000 --> 01:40:22,280
Speaker 3: Oh wait, show everybody, everybody?

1981
01:40:22,520 --> 01:40:29,880
Speaker 1: Hello, thanks so much. Snow you know they didn't give

1982
01:40:29,960 --> 01:40:31,720
Speaker 1: us free t shirts? Can you believe that we had

1983
01:40:31,720 --> 01:40:37,840
Speaker 1: to buy our own because they print them on demand? Yes? Hello,

1984
01:40:38,040 --> 01:40:40,080
Speaker 1: hey switch?

1985
01:40:41,400 --> 01:40:43,280
Speaker 3: Oh there it's a switch on the bottom.

1986
01:40:43,400 --> 01:40:43,679
Speaker 1: Hello.

1987
01:40:45,760 --> 01:40:50,479
Speaker 7: Hello, my name's Kelsey. I have a question in regards

1988
01:40:50,560 --> 01:40:55,200
Speaker 7: to our conversation earlier about the Federal Reserve, so the

1989
01:40:55,360 --> 01:40:59,200
Speaker 7: errors that it makes. Do you think there's any possibility

1990
01:40:59,240 --> 01:41:03,439
Speaker 7: that good algorithms could offer a level of accountability for

1991
01:41:03,560 --> 01:41:04,760
Speaker 7: what they do?

1992
01:41:04,800 --> 01:41:07,040
Speaker 4: You you want to bring AI into this.

1993
01:41:08,680 --> 01:41:11,519
Speaker 1: It's slippery slope, my friends, It's already there.

1994
01:41:11,720 --> 01:41:14,719
Speaker 2: It's really it's that's a that's a wonderful question, because,

1995
01:41:16,520 --> 01:41:20,400
Speaker 2: regardless of how someone feels ethically about the concept of

1996
01:41:20,479 --> 01:41:23,479
Speaker 2: machine consciousness, which is not really where we're at now,

1997
01:41:23,880 --> 01:41:27,400
Speaker 2: a machine consciousness would be everybody thinking to some degree

1998
01:41:27,439 --> 01:41:30,840
Speaker 2: the way that we do. But what we have now

1999
01:41:31,000 --> 01:41:34,479
Speaker 2: when we say artificial intelligence, is we have things that

2000
01:41:34,520 --> 01:41:38,040
Speaker 2: are very good at solving specific problems. So like we

2001
01:41:38,120 --> 01:41:40,960
Speaker 2: can make the mind of something that could go through

2002
01:41:40,960 --> 01:41:44,920
Speaker 2: a maze or compare columns of data and answer questions

2003
01:41:44,960 --> 01:41:48,519
Speaker 2: in those parameters. We don't have anything that can do

2004
01:41:49,080 --> 01:41:51,799
Speaker 2: something like ask why, right.

2005
01:41:51,720 --> 01:41:54,439
Speaker 4: Are you a data scientist?

2006
01:41:55,840 --> 01:42:00,559
Speaker 7: Yeah right, yeah, I'm sorry, I'm a science, Technology and

2007
01:42:00,600 --> 01:42:01,400
Speaker 7: society major.

2008
01:42:01,720 --> 01:42:02,880
Speaker 4: Okay, yes, yeah.

2009
01:42:03,280 --> 01:42:08,240
Speaker 2: So, so to your question directly, the truth is that

2010
01:42:08,280 --> 01:42:12,160
Speaker 2: this sort of technology is inevitable, and in certain spheres

2011
01:42:12,160 --> 01:42:15,600
Speaker 2: it's much further along than some people might imagine. In

2012
01:42:15,680 --> 01:42:19,040
Speaker 2: the stock market, in the trading industry, a lot of

2013
01:42:19,840 --> 01:42:23,519
Speaker 2: a lot of very quick calculations are made, but they're

2014
01:42:23,520 --> 01:42:26,160
Speaker 2: not made for a greater good. They're made for a

2015
01:42:26,200 --> 01:42:30,240
Speaker 2: profit margin for a specific group or in some cases

2016
01:42:30,280 --> 01:42:30,960
Speaker 2: an individual.

2017
01:42:31,000 --> 01:42:32,600
Speaker 5: Well, there has to be a philosophy behind how you

2018
01:42:32,720 --> 01:42:34,599
Speaker 5: use the algorithms to and that's sort of what the

2019
01:42:34,600 --> 01:42:35,920
Speaker 5: FED does.

2020
01:42:35,960 --> 01:42:36,599
Speaker 1: In some ways.

2021
01:42:36,640 --> 01:42:41,320
Speaker 5: It's like, what is the economic philosophy that we're chasing,

2022
01:42:41,640 --> 01:42:43,719
Speaker 5: and so how do we put these algorithms to work

2023
01:42:44,040 --> 01:42:44,800
Speaker 5: to that end?

2024
01:42:44,960 --> 01:42:48,639
Speaker 2: But it's kind of like the trolley problem with autonomous vehicles.

2025
01:42:48,960 --> 01:42:49,200
Speaker 1: Right.

2026
01:42:49,280 --> 01:42:53,120
Speaker 2: So, there's a study that came out recently about autonomous

2027
01:42:53,120 --> 01:42:54,160
Speaker 2: self driving vehicles.

2028
01:42:54,160 --> 01:42:56,439
Speaker 1: The big question is if.

2029
01:42:56,320 --> 01:42:59,760
Speaker 2: They have to hit someone, How do they decide who

2030
01:42:59,840 --> 01:43:00,400
Speaker 2: to hit?

2031
01:43:01,000 --> 01:43:01,160
Speaker 4: Right?

2032
01:43:01,400 --> 01:43:02,519
Speaker 1: Is it a? Is it?

2033
01:43:02,720 --> 01:43:06,240
Speaker 2: Do they do they hit like an average person walking

2034
01:43:06,280 --> 01:43:07,120
Speaker 2: on the street? Ye?

2035
01:43:07,439 --> 01:43:09,680
Speaker 1: Or do they hit like right? Or do they hit

2036
01:43:10,000 --> 01:43:10,800
Speaker 1: they have a child?

2037
01:43:11,000 --> 01:43:13,080
Speaker 2: Well, it's funny you mentioned that because I think I

2038
01:43:13,080 --> 01:43:15,840
Speaker 2: think who ever said that realized that there was a

2039
01:43:15,920 --> 01:43:17,120
Speaker 2: massive poll done.

2040
01:43:17,040 --> 01:43:24,160
Speaker 14: Recently and our species agreed overwhelmingly hit the elderly. Yeah,

2041
01:43:24,200 --> 01:43:27,080
Speaker 14: which is really cool for us right now, But keep

2042
01:43:27,080 --> 01:43:29,720
Speaker 14: in mind, we're going to be old when that stuff's everywhere.

2043
01:43:30,280 --> 01:43:37,320
Speaker 14: So so that same question applies to the Federal Reserve. Who, like,

2044
01:43:37,360 --> 01:43:41,440
Speaker 14: who profits from a certain area of stability?

2045
01:43:41,840 --> 01:43:42,040
Speaker 1: Right?

2046
01:43:42,280 --> 01:43:45,200
Speaker 2: If if we can do if if we have an

2047
01:43:45,200 --> 01:43:49,559
Speaker 2: algorithm that tells us uh, uptick and interest here is

2048
01:43:49,720 --> 01:43:52,280
Speaker 2: very good for this specific part of the economy or

2049
01:43:52,280 --> 01:43:56,280
Speaker 2: this specific demographic they're in, but very bad for another demographic,

2050
01:43:56,479 --> 01:44:00,839
Speaker 2: then who who programs it to value you that question?

2051
01:44:01,160 --> 01:44:03,880
Speaker 2: Because again, we're a long way off from building an

2052
01:44:03,960 --> 01:44:08,160
Speaker 2: artificial mind that can ask why it's solving a problem.

2053
01:44:08,560 --> 01:44:12,720
Speaker 2: And so if that, if we have something steering the

2054
01:44:12,720 --> 01:44:16,559
Speaker 2: Federal Reserve before it can ask why it's doing something,

2055
01:44:17,000 --> 01:44:22,519
Speaker 2: then we are setting ourselves up for a very very

2056
01:44:22,520 --> 01:44:24,760
Speaker 2: interesting times, I believe is the euphemism.

2057
01:44:25,000 --> 01:44:28,120
Speaker 3: I would say the pattern recognition of machine learning could

2058
01:44:28,160 --> 01:44:30,639
Speaker 3: definitely have some help there to try and predict when

2059
01:44:30,720 --> 01:44:34,479
Speaker 3: financial institutions may be weak or be ready to crash,

2060
01:44:34,560 --> 01:44:37,000
Speaker 3: or then you know how much to the interest rate

2061
01:44:37,080 --> 01:44:40,200
Speaker 3: go up or how little, And you actually have just

2062
01:44:40,240 --> 01:44:42,040
Speaker 3: a machine that's doing that and looking at the patterns

2063
01:44:42,080 --> 01:44:44,680
Speaker 3: and not actually making decisions, but giving you feedback. I

2064
01:44:44,760 --> 01:44:46,840
Speaker 3: think that's a really good thing.

2065
01:44:47,200 --> 01:44:52,719
Speaker 2: Also, any AI algorithm run on the student loan problem

2066
01:44:52,920 --> 01:44:55,639
Speaker 2: would come to the same conclusions that we came to tonight.

2067
01:44:55,760 --> 01:45:00,000
Speaker 1: I'm just saying that is true. Yeah, anybody else, anybody else?

2068
01:45:00,240 --> 01:45:01,280
Speaker 1: I see a hand over here?

2069
01:45:01,360 --> 01:45:03,559
Speaker 4: Cool? Oh, I see one over here too.

2070
01:45:03,760 --> 01:45:07,240
Speaker 3: We got we let's do where We've got one question

2071
01:45:07,280 --> 01:45:08,960
Speaker 3: here first and then you are next, sir, if you

2072
01:45:09,040 --> 01:45:09,919
Speaker 3: want to hang.

2073
01:45:09,680 --> 01:45:14,040
Speaker 15: Out A big fan, thanks man. Didn't finish college, so

2074
01:45:14,240 --> 01:45:21,440
Speaker 15: no loans. But so I love everything conspiracy, everything from aliens,

2075
01:45:21,479 --> 01:45:24,320
Speaker 15: do they exist? What are they really doing on plumb Island?

2076
01:45:24,400 --> 01:45:30,280
Speaker 15: Blah blah, But this one is the real one. If

2077
01:45:30,320 --> 01:45:33,120
Speaker 15: I think you know, it affects us in our everyday life.

2078
01:45:33,200 --> 01:45:36,559
Speaker 15: And so I've dove pretty deep on this and there's

2079
01:45:36,600 --> 01:45:38,479
Speaker 15: all these theories about and I don't know if you

2080
01:45:38,479 --> 01:45:41,439
Speaker 15: guys came across this in your research, but there were

2081
01:45:41,439 --> 01:45:45,280
Speaker 15: three presidents who made a really really hard push to

2082
01:45:45,360 --> 01:45:49,679
Speaker 15: get off the federal reserve. Andrew Jackson, Abraham Lincoln, John F. Kennedy,

2083
01:45:49,880 --> 01:45:52,240
Speaker 15: and they all have something in common.

2084
01:45:52,160 --> 01:45:55,479
Speaker 2: Like Executive Order eleven eleven sery I believe, yeah.

2085
01:45:55,600 --> 01:45:59,040
Speaker 15: Right right, And we're actually our sitting president has made

2086
01:45:59,080 --> 01:46:03,000
Speaker 15: some pretty forward comments about getting off the reserves.

2087
01:46:03,040 --> 01:46:08,439
Speaker 5: Forward comments that guys all class he has the decorum of.

2088
01:46:08,479 --> 01:46:12,559
Speaker 15: A set, but it's just kind of yeah, it makes

2089
01:46:12,600 --> 01:46:14,599
Speaker 15: you scratch your head a little bit, and it makes

2090
01:46:14,640 --> 01:46:17,800
Speaker 15: you curious, you know, like maybe there would be a

2091
01:46:17,840 --> 01:46:21,440
Speaker 15: pattern forming. If three isn't enough of a pattern.

2092
01:46:21,800 --> 01:46:22,719
Speaker 1: Get up to thirteen?

2093
01:46:23,000 --> 01:46:24,360
Speaker 4: Well, yeah, thirteen?

2094
01:46:24,479 --> 01:46:26,960
Speaker 3: Right, then I would say that some of that executive

2095
01:46:27,040 --> 01:46:30,520
Speaker 3: order stuff in the theories, depending on where you're reading it,

2096
01:46:30,520 --> 01:46:33,280
Speaker 3: it isn't really based on the stuff that it says

2097
01:46:33,360 --> 01:46:36,280
Speaker 3: it's based on. There has more to do with what

2098
01:46:36,400 --> 01:46:39,519
Speaker 3: was it. The whole silver standard thing is a little

2099
01:46:39,560 --> 01:46:42,599
Speaker 3: more murky than what a lot of these websites claim

2100
01:46:42,600 --> 01:46:46,200
Speaker 3: it to be. Yeah, specifically with Kennedy.

2101
01:46:46,080 --> 01:46:50,840
Speaker 2: Well, also Kennedy had very few friends in the halls

2102
01:46:50,880 --> 01:46:54,400
Speaker 2: of power. It's kind of a situation where it's like, well,

2103
01:46:54,439 --> 01:46:56,920
Speaker 2: if he wasn't shot for one thing, here are the

2104
01:46:57,000 --> 01:47:01,439
Speaker 2: other other reasons, other multitudes of reasons that people decided

2105
01:47:01,720 --> 01:47:03,240
Speaker 2: it would be cool if he had a hole in

2106
01:47:03,280 --> 01:47:06,559
Speaker 2: his head, which I know is graphic, but that's what happened.

2107
01:47:06,560 --> 01:47:11,360
Speaker 2: That's what happens, harsh, That's what happens. But to your question,

2108
01:47:11,400 --> 01:47:15,519
Speaker 2: what's really interesting is Abraham Lincoln actually was, especially during

2109
01:47:15,520 --> 01:47:20,080
Speaker 2: the Civil War, very opposed to the interest rate that

2110
01:47:20,120 --> 01:47:22,559
Speaker 2: the nation was getting saddled with through banking.

2111
01:47:22,760 --> 01:47:25,559
Speaker 1: And it's kind of weird when we read when.

2112
01:47:25,680 --> 01:47:28,960
Speaker 2: It's kind of weird what parts of historical anecdotes are

2113
01:47:29,000 --> 01:47:32,920
Speaker 2: specified and what parts what characters are left blank or vague,

2114
01:47:33,200 --> 01:47:37,240
Speaker 2: because it's always like Lincoln was pissed that the US

2115
01:47:37,400 --> 01:47:39,479
Speaker 2: was going to be broke, Hamilton was pissed that the

2116
01:47:39,600 --> 01:47:43,040
Speaker 2: US owed money to whom. You know, those people aren't

2117
01:47:43,320 --> 01:47:48,320
Speaker 2: often named in specific or in particular. And I'm going

2118
01:47:48,400 --> 01:47:53,280
Speaker 2: to keep this thought you sent in my head if if,

2119
01:47:53,479 --> 01:47:56,000
Speaker 2: if something happens, and then I think we have a

2120
01:47:56,000 --> 01:47:56,840
Speaker 2: lot of dig in to do.

2121
01:47:57,000 --> 01:47:58,840
Speaker 1: But obviously I don't.

2122
01:47:59,120 --> 01:48:01,920
Speaker 2: I don't personally want just anyone in the world to

2123
01:48:01,920 --> 01:48:04,880
Speaker 2: get shot, although statistically many people did while we were

2124
01:48:05,080 --> 01:48:06,160
Speaker 2: recording this show.

2125
01:48:07,720 --> 01:48:10,839
Speaker 1: Too Dark. Sorry, guys, there are a lot of the guns.

2126
01:48:11,560 --> 01:48:13,200
Speaker 1: They have to hang out with me all the time.

2127
01:48:14,360 --> 01:48:16,000
Speaker 4: Here you go, I need another one of them.

2128
01:48:16,200 --> 01:48:18,360
Speaker 1: Yeah, let's let's let's let's take one more question and

2129
01:48:18,360 --> 01:48:20,720
Speaker 1: then we'll one more question, one more question.

2130
01:48:20,760 --> 01:48:21,200
Speaker 13: Are we doing?

2131
01:48:21,720 --> 01:48:23,160
Speaker 1: Hey, Hey, Hey, what's up?

2132
01:48:23,160 --> 01:48:23,360
Speaker 4: Man?

2133
01:48:23,520 --> 01:48:27,439
Speaker 16: So first time? First time? So, Yes, this was pretty awesome.

2134
01:48:27,520 --> 01:48:33,120
Speaker 16: This was a birthday gift from my friend Aaron. It's

2135
01:48:33,160 --> 01:48:37,040
Speaker 16: my birthday, so let's give it.

2136
01:48:37,080 --> 01:48:38,280
Speaker 1: Hey, what's your what's your name?

2137
01:48:38,720 --> 01:48:40,080
Speaker 4: Mike on the counter?

2138
01:48:40,120 --> 01:48:43,280
Speaker 1: Three? Can everybody say Happy birthday? Mike? Okay? One two?

2139
01:48:44,520 --> 01:48:46,880
Speaker 16: My wife's birthday the same day.

2140
01:48:46,960 --> 01:48:49,839
Speaker 4: Two and her name is Kim, So Kim.

2141
01:48:50,280 --> 01:48:50,800
Speaker 1: On the counter.

2142
01:48:50,880 --> 01:48:55,320
Speaker 2: Three, Happy birthday, Mike and Kim ok sir one two three,

2143
01:48:55,720 --> 01:48:58,519
Speaker 2: Happy birthday, Mike, came, Kim.

2144
01:49:00,600 --> 01:49:01,559
Speaker 4: We didn't ask you how.

2145
01:49:01,720 --> 01:49:02,080
Speaker 1: That's good.

2146
01:49:02,120 --> 01:49:04,120
Speaker 4: Yeah, thank you very much, Mike.

2147
01:49:04,200 --> 01:49:06,920
Speaker 3: That was recorded. By the way we recorded. That's going

2148
01:49:06,960 --> 01:49:07,680
Speaker 3: to come out.

2149
01:49:07,920 --> 01:49:10,840
Speaker 16: It's being recorded by the girl that bought the tickets.

2150
01:49:11,080 --> 01:49:14,680
Speaker 1: Somebody, all right, what's up? What's up? Birthday man.

2151
01:49:14,760 --> 01:49:17,559
Speaker 16: So here's my question, and I have like seven hundred

2152
01:49:17,640 --> 01:49:21,000
Speaker 16: thousand questions after like being introduced to the world.

2153
01:49:21,080 --> 01:49:22,439
Speaker 3: That are you guys?

2154
01:49:22,600 --> 01:49:25,720
Speaker 1: But no, boy, all right here, it's going to be.

2155
01:49:25,640 --> 01:49:27,479
Speaker 16: A softball or it's going to be a curveball.

2156
01:49:27,520 --> 01:49:28,840
Speaker 2: So let's see, let's go.

2157
01:49:29,760 --> 01:49:33,720
Speaker 16: We started about twin be tiles, we started.

2158
01:49:33,360 --> 01:49:35,559
Speaker 4: About hobo code.

2159
01:49:36,280 --> 01:49:44,519
Speaker 8: How difficult is it to articulate the difference between hobo

2160
01:49:44,640 --> 01:49:49,679
Speaker 8: code and Hota cobe.

2161
01:49:50,800 --> 01:49:54,840
Speaker 4: A question? So thanks, guys, like.

2162
01:49:55,000 --> 01:49:58,479
Speaker 5: You just wanted a birthday wish.

2163
01:49:58,560 --> 01:50:01,080
Speaker 16: Seriously, the whole time you were talking, I thought it

2164
01:50:01,120 --> 01:50:02,200
Speaker 16: was Hoda Kobe.

2165
01:50:06,880 --> 01:50:09,639
Speaker 1: Uh is there is it a burning question?

2166
01:50:11,040 --> 01:50:11,240
Speaker 7: Oh?

2167
01:50:11,280 --> 01:50:14,759
Speaker 1: It's John? What's up John? It's John without an age?

2168
01:50:15,080 --> 01:50:16,120
Speaker 17: John without an age?

2169
01:50:16,160 --> 01:50:16,479
Speaker 4: Thank you?

2170
01:50:17,439 --> 01:50:21,080
Speaker 17: Okay, So about two days ago, three years ago, somebody

2171
01:50:21,120 --> 01:50:23,160
Speaker 17: won one point five billion.

2172
01:50:22,880 --> 01:50:26,519
Speaker 1: Dollars, right yeah, personally.

2173
01:50:25,960 --> 01:50:28,920
Speaker 17: Yeah, I wish it was me, But I think I

2174
01:50:28,920 --> 01:50:34,960
Speaker 17: could do more more good with more money than more power.

2175
01:50:35,800 --> 01:50:38,040
Speaker 17: Do you guys think that you could do more good

2176
01:50:38,200 --> 01:50:43,080
Speaker 17: with one point five billion in dollars? Or do you

2177
01:50:43,080 --> 01:50:46,799
Speaker 17: guys think you could do more good running a country,

2178
01:50:46,880 --> 01:50:51,719
Speaker 17: running a city because or more power.

2179
01:50:52,080 --> 01:50:54,439
Speaker 3: Well, I'll just start off and then you guys build

2180
01:50:54,479 --> 01:50:58,040
Speaker 3: really fast. I think the money is the power in

2181
01:50:58,080 --> 01:51:02,799
Speaker 3: this instance. Because we've said this before, Ben has this phrase,

2182
01:51:04,600 --> 01:51:07,559
Speaker 3: what is one of the biggest superpowers, the actual real

2183
01:51:07,600 --> 01:51:08,559
Speaker 3: superpower you can have?

2184
01:51:08,720 --> 01:51:10,840
Speaker 1: Oh yeah, money, money, like is one of the.

2185
01:51:10,800 --> 01:51:13,639
Speaker 3: Real superpowers that exists because cut yeah, go.

2186
01:51:13,560 --> 01:51:15,280
Speaker 1: Ahead, go ahead, can I yeah, it's all such a

2187
01:51:15,360 --> 01:51:15,720
Speaker 1: nice said.

2188
01:51:15,720 --> 01:51:18,400
Speaker 2: All right, So I feel this is one of my

2189
01:51:18,439 --> 01:51:22,840
Speaker 2: three feelings though, it's that Batman is often built.

2190
01:51:23,080 --> 01:51:24,800
Speaker 1: I'm mean, I get to I'll make it quick.

2191
01:51:24,800 --> 01:51:26,559
Speaker 2: I know we have to pay and stuff, but uh,

2192
01:51:27,240 --> 01:51:31,479
Speaker 2: Batman is often built as this amazing superhero because he's

2193
01:51:31,520 --> 01:51:34,680
Speaker 2: the world's greatest detective and because he doesn't have superpowers,

2194
01:51:34,680 --> 01:51:37,920
Speaker 2: he has ingenuity that is utter. That's an utter line

2195
01:51:37,920 --> 01:51:42,040
Speaker 2: of horseshit. Because Bruce Wayne is a billionaire. He didn't

2196
01:51:42,320 --> 01:51:46,080
Speaker 2: build the suit himself. He didn't build the Batmobile. Instead,

2197
01:51:46,120 --> 01:51:49,439
Speaker 2: he paid someone to do it, which means that if

2198
01:51:49,479 --> 01:51:51,840
Speaker 2: you look at the way of functions, the use of

2199
01:51:52,080 --> 01:51:55,080
Speaker 2: money is just value over time. So he's functioning as

2200
01:51:55,080 --> 01:51:58,320
Speaker 2: a time traveler. He's doing things through the use of

2201
01:51:58,360 --> 01:52:01,599
Speaker 2: money that would have taken decades, decades and decades to do.

2202
01:52:02,120 --> 01:52:05,759
Speaker 2: So money may not equate one on one with power

2203
01:52:05,800 --> 01:52:10,320
Speaker 2: in all situations. However, money does equate to taking the

2204
01:52:10,400 --> 01:52:13,400
Speaker 2: hours of someone else's labor, which I'm not I'm not

2205
01:52:13,479 --> 01:52:15,040
Speaker 2: going in a socialist direction with this.

2206
01:52:15,400 --> 01:52:17,559
Speaker 1: That's just the way. That's just the way it is.

2207
01:52:17,600 --> 01:52:20,920
Speaker 2: If somebody is paid five dollars an hour or forty

2208
01:52:20,960 --> 01:52:23,439
Speaker 2: five dollars an hour, then that is just the price

2209
01:52:23,560 --> 01:52:24,240
Speaker 2: of an hour.

2210
01:52:24,760 --> 01:52:27,000
Speaker 1: Do you know what I mean? A billionaire?

2211
01:52:27,360 --> 01:52:31,920
Speaker 17: Yeah, things you guys say, I will say. You guys

2212
01:52:32,280 --> 01:52:34,360
Speaker 17: do say that money corrupts?

2213
01:52:34,760 --> 01:52:36,839
Speaker 1: Yes, right, yes, So if you guys.

2214
01:52:36,640 --> 01:52:39,840
Speaker 17: Were one point five billion dollars rich, would that not

2215
01:52:39,920 --> 01:52:40,559
Speaker 17: corrupt you?

2216
01:52:41,000 --> 01:52:44,160
Speaker 1: Of course the lottery is terrible for people when they.

2217
01:52:44,040 --> 01:52:47,439
Speaker 4: Will win the lottery. Ever like that just save your life.

2218
01:52:47,680 --> 01:52:50,080
Speaker 1: I think it would corrupt me, to be honest, I

2219
01:52:50,080 --> 01:52:52,240
Speaker 1: don't know. You seem like a pretty cool dude. I try.

2220
01:52:52,640 --> 01:52:55,240
Speaker 3: Here. Here's here's my reasoning behind this and why I

2221
01:52:55,240 --> 01:52:58,040
Speaker 3: wanted to reference that, because if you're the leader of

2222
01:52:58,080 --> 01:53:01,200
Speaker 3: a country, there are so many condos on you on

2223
01:53:01,200 --> 01:53:03,360
Speaker 3: what you can and can't do, because there's so many

2224
01:53:03,360 --> 01:53:05,760
Speaker 3: interests that you have to look out for. And that's

2225
01:53:05,840 --> 01:53:08,839
Speaker 3: everything that's economic, that's the people who live in your country.

2226
01:53:08,840 --> 01:53:11,280
Speaker 3: That's medical. I mean, it's just it's literally all the

2227
01:53:11,360 --> 01:53:13,439
Speaker 3: things right that you have to deal with. If you

2228
01:53:13,640 --> 01:53:17,960
Speaker 3: just independently get several billion dollars one point five billion dollars,

2229
01:53:18,840 --> 01:53:20,599
Speaker 3: you can use that however you want.

2230
01:53:21,400 --> 01:53:27,240
Speaker 4: Really, you can trying to jump in.

2231
01:53:29,640 --> 01:53:31,880
Speaker 2: Well, I'm gonna I'm gonna end on one thing, John,

2232
01:53:31,960 --> 01:53:33,519
Speaker 2: I think your question.

2233
01:53:34,040 --> 01:53:35,360
Speaker 1: I think the more I think.

2234
01:53:35,240 --> 01:53:37,360
Speaker 2: About it, I would I would go for I would

2235
01:53:37,400 --> 01:53:41,040
Speaker 2: go for power because if money is an idea, then

2236
01:53:41,040 --> 01:53:44,120
Speaker 2: a good idea can be money. So I would go

2237
01:53:44,520 --> 01:53:46,600
Speaker 2: I would go for a movement or an idea, not

2238
01:53:46,640 --> 01:53:47,400
Speaker 2: to start a cult.

2239
01:53:47,439 --> 01:53:48,800
Speaker 1: I don't know what about you and NOL. You want

2240
01:53:48,840 --> 01:53:52,360
Speaker 1: the last word, I'll start a call. All right, let's start. Hey, guys,

2241
01:53:54,600 --> 01:53:55,599
Speaker 1: thank you so much.

2242
01:53:56,560 --> 01:53:59,559
Speaker 3: And that's the end of this classic episode. If you

2243
01:53:59,600 --> 01:54:03,720
Speaker 3: have any thoughts or questions about this episode, you can

2244
01:54:03,760 --> 01:54:06,320
Speaker 3: get into contact with us in a number of different ways.

2245
01:54:06,560 --> 01:54:08,120
Speaker 3: One of the best is to give us a call.

2246
01:54:08,160 --> 01:54:13,000
Speaker 3: Our number is one eight three three STDWYTK. If you

2247
01:54:13,000 --> 01:54:14,840
Speaker 3: don't want to do that, you can send us a

2248
01:54:14,880 --> 01:54:16,040
Speaker 3: good old fashioned email.

2249
01:54:16,280 --> 01:54:20,439
Speaker 1: We are conspiracy at iHeartRadio dot com.

2250
01:54:20,600 --> 01:54:22,639
Speaker 3: Stuff they don't want you to know. Is a production

2251
01:54:22,760 --> 01:54:27,320
Speaker 3: of iHeartRadio. For more podcasts from iHeartRadio, visit the iHeartRadio app,

2252
01:54:27,400 --> 01:54:30,240
Speaker 3: Apple Podcasts, or wherever you listen to your favorite shows.