WEBVTT - The Mark Moss Show Nov 17, 2021 0:00:00.280 --> 0:00:04.080 Hello, and welcome to another episode of the Mark Mo Show. 0:00:04.160 --> 0:00:07.560 I'm bringing you the latest information on bitcoin and cryptocurrencies 0:00:07.600 --> 0:00:12.960 and the decentralized revolution. It's the biggest opportunity you'll ever see. 0:00:13.360 --> 0:00:14.920 I have to take a pause when I say that, 0:00:15.000 --> 0:00:17.840 because I know that's a big claim. I get it. 0:00:18.160 --> 0:00:21.119 I understand you're listening to me. Some some of you 0:00:21.200 --> 0:00:22.919 are believing me because you've made a bunch of money 0:00:22.920 --> 0:00:24.720 and you see what it's gonna do. And some of 0:00:24.760 --> 0:00:26.720 you think it's a scam, a joke of a fat 0:00:26.760 --> 0:00:30.560 a fraud, whatever, and you're laughing. Um, but if you'd 0:00:30.600 --> 0:00:32.720 just check your bias at the door and allow me 0:00:32.840 --> 0:00:35.239 just to kind of tell you some things, maybe you'll 0:00:35.320 --> 0:00:38.720 change your mind. Um doesn't cost anything to hang out 0:00:38.760 --> 0:00:41.280 with me each and every week, but it could sure 0:00:41.280 --> 0:00:45.000 as heck make you something. So just approach with an 0:00:45.000 --> 0:00:47.200 open mind, because, like I said, it is the biggest 0:00:47.200 --> 0:00:50.440 opportunity that you'll ever see. It's literally changing the world 0:00:50.720 --> 0:00:52.640 now a lot of times, especially you know, when I 0:00:52.680 --> 0:00:55.360 touch to people in America and the developed world, Canada, 0:00:56.040 --> 0:00:59.800 et cetera, they say, why why do we need crypto? 0:01:00.000 --> 0:01:03.440 Are in sees like the dollars fine. Isn't it? Isn't 0:01:03.440 --> 0:01:05.960 everything fine? Like the dollar works good? What do I 0:01:05.959 --> 0:01:09.080 need cryptocurrencies for it? But it makes no sense They're worthless? Right, 0:01:10.440 --> 0:01:12.720 So UM, what I'd like to do is, um, I'd 0:01:12.760 --> 0:01:14.840 like to approach this from different angles, and if you 0:01:14.840 --> 0:01:17.160 tune in for the whole show, you get a whole 0:01:17.240 --> 0:01:20.560 wide range of topics regarding this. But I want to 0:01:20.640 --> 0:01:24.640 dig into the why why is this important? Because I 0:01:24.680 --> 0:01:27.280 think if you understand that, then you really be able 0:01:27.280 --> 0:01:29.320 to grasp what's going on. And so some of the 0:01:29.360 --> 0:01:32.640 biggest news that broke out this week, and each week 0:01:32.640 --> 0:01:34.200 I'm bringing you the latest news each week so you 0:01:34.240 --> 0:01:37.120 can stay in touch, so don't don't miss. But this 0:01:37.160 --> 0:01:41.800 week the biggest news was that the United States government, 0:01:42.240 --> 0:01:45.320 the BLS, the Bureau Labor Satistics, has put out the 0:01:45.400 --> 0:01:49.200 new CPI numbers that stands for Consumer Price Index that's 0:01:49.240 --> 0:01:52.560 basically tells us what the inflation is and told us 0:01:52.600 --> 0:01:57.200 that inflation is over six percent, which is a thirty 0:01:57.320 --> 0:02:01.040 year high, the highest it's been in third to years now. 0:02:02.520 --> 0:02:04.800 A lot of you maybe that's not a surprise because 0:02:04.800 --> 0:02:07.120 you've noticed that it cost twice as much to fill 0:02:07.160 --> 0:02:10.119 up your tank with gas, or your stake costs more 0:02:10.280 --> 0:02:12.320 or whatever. So maybe that's not a surprise to some 0:02:12.360 --> 0:02:14.040 of you, and some of them of you, maybe it is. 0:02:15.480 --> 0:02:19.960 But basically, uh, inflation is is a nuanced argument. It 0:02:20.000 --> 0:02:22.120 means a lot of things to a lot of people. 0:02:22.600 --> 0:02:26.120 But I like to go off of Milton Friedman's definition 0:02:26.120 --> 0:02:29.120 of that, and he says that inflation is always in 0:02:29.240 --> 0:02:34.560 everywhere a monetary phenomenon, always in everywhere a monetary phenomenon. 0:02:34.680 --> 0:02:38.760 So inflation is caused by the money supply, That's what 0:02:38.760 --> 0:02:43.239 he's saying. Now, when the money supply increases, it's inflating 0:02:43.280 --> 0:02:46.000 like a balloon, right. You inflate the money supply, and 0:02:46.040 --> 0:02:49.000 when you inflate the money supply, it causes the prices 0:02:49.040 --> 0:02:51.519 of everything else to go up. So that's why he 0:02:51.520 --> 0:02:54.600 says inflation is always a monetary phenomenon. Now you're being 0:02:55.600 --> 0:02:59.720 the media is gaslighting you. I just I've used that 0:02:59.840 --> 0:03:01.280 term for a long time. It started to get more 0:03:01.280 --> 0:03:04.200 and more popular. Gas lighting. I recently had to go 0:03:04.639 --> 0:03:06.280 look it up and figure out what it was. And 0:03:06.320 --> 0:03:09.360 it's from some like old Victorian play where the guy 0:03:09.560 --> 0:03:12.720 was turning down the gas lamps on his wife and 0:03:12.800 --> 0:03:15.120 she was thinking it was like nighttime, and he was 0:03:15.160 --> 0:03:17.360 telling her it wasn't and he was like making her 0:03:17.400 --> 0:03:19.760 insane by doing that. And that's what the media does 0:03:19.800 --> 0:03:22.240 to us, the gas lighting us. They're saying, what you 0:03:22.320 --> 0:03:27.120 see isn't really what you see? What you here isn't really. No, no, no, 0:03:27.160 --> 0:03:29.280 it's not that. It's not that, but it's like, no 0:03:29.520 --> 0:03:31.600 it is, I mean I see it. No no, no, 0:03:31.680 --> 0:03:33.440 you don't see it. It's not what it is. Kind 0:03:33.440 --> 0:03:35.560 of like that's that's where the term gaslighting comes from. 0:03:35.560 --> 0:03:37.600 Just like the play and that's exactly what's going on. 0:03:37.680 --> 0:03:41.280 And so you know, um, they are leaders now are 0:03:41.360 --> 0:03:44.160 leaders now say that the inflation, the CPI is six 0:03:45.960 --> 0:03:49.080 But that's gas lighting because as I said, like the 0:03:49.200 --> 0:03:54.960 gas in my car is double stakes up um use 0:03:55.040 --> 0:03:58.720 cars are up thirty five percent, natural gas is up 0:03:58.720 --> 0:04:04.320 eight uh, lumbers up three um fertilizer which of course 0:04:04.320 --> 0:04:07.760 fertilizers needed to grow food is up a thousand percent. 0:04:08.520 --> 0:04:14.080 So huh six percent? Where did they get that number? Well, 0:04:14.400 --> 0:04:18.120 they get that number by manipulating the numbers. Okay, so 0:04:18.960 --> 0:04:20.440 before I get into the manipulating, but let me tell 0:04:20.480 --> 0:04:23.719 you why you should care about this. So as the 0:04:23.839 --> 0:04:26.440 money supply goes up, it makes the price of all 0:04:26.480 --> 0:04:30.159 the goods and services go up. As I just said, gas, steak, milk, 0:04:30.400 --> 0:04:35.520 real estate, et cetera. It's not really a matter of 0:04:35.680 --> 0:04:39.080 everything getting more expensive or your home becoming more valuable. 0:04:39.560 --> 0:04:43.320 What's happening is the dollars are becoming worth less and 0:04:43.400 --> 0:04:45.800 less and less. So every time they print more dollars, 0:04:46.279 --> 0:04:49.480 the existing dollars are worth less. And so when they 0:04:49.480 --> 0:04:52.320 say that we have six percent inflation, let's just let's 0:04:52.360 --> 0:04:57.719 just use their numbers. That means in five years, six 0:04:57.800 --> 0:05:01.960 times five is thirty. If I'm good at math, there's 0:05:01.960 --> 0:05:06.160 a thirty loss and purchasing power. So that means if 0:05:06.160 --> 0:05:09.159 you had a hundred thousand dollars in the bank today, 0:05:09.480 --> 0:05:11.600 in five years from now, you would still have a 0:05:11.680 --> 0:05:14.279 hundred thousand in the bank, but it would only buy 0:05:14.320 --> 0:05:17.400 you seventy thousand dollars worth of goods and services in 0:05:17.440 --> 0:05:20.760 today's value. So you're still have the same amount of 0:05:20.800 --> 0:05:25.080 dollars in the bank, but they buy less, they're worth less. 0:05:25.120 --> 0:05:28.120 And so what's happening is when the government's printing all 0:05:28.200 --> 0:05:30.360 this money, and so now the Biden admin is trying 0:05:30.400 --> 0:05:32.800 to push through another uh, you know, three and a 0:05:32.839 --> 0:05:34.920 half trillion dollars infrastructre spending. Now they're trying to get 0:05:34.960 --> 0:05:37.160 downf to two trillion dollars. But every time they print 0:05:37.200 --> 0:05:42.080 another trillion, it just steals literally robs you of your 0:05:42.080 --> 0:05:44.160 purchasing power. And so that's a big deal. So when 0:05:44.160 --> 0:05:46.400 they say it's six, that's what that means to you. 0:05:46.800 --> 0:05:49.560 That means they're taking your purchasing power. And the problem 0:05:49.640 --> 0:05:54.000 is is that this the government has gotten themselves into 0:05:54.040 --> 0:05:57.920 this very sticky situation where now we have inflation is 0:05:58.000 --> 0:06:01.720 running rampant. They're saying, oh, it's it's transitory, it's gonna 0:06:01.760 --> 0:06:04.279 go away. Um, they're saying that, oh, it's because of 0:06:04.360 --> 0:06:06.799 supply chains, and then as as soon as supply chains 0:06:06.839 --> 0:06:09.920 get back, it's going to be fixed. But it's not. 0:06:09.960 --> 0:06:11.880 And I'm gonna I'm gonna explain to you why that's 0:06:11.920 --> 0:06:14.599 not the case. Before I do that, I just want 0:06:14.600 --> 0:06:22.000 to explain this is why bitcoin, right. Inflation is always 0:06:22.080 --> 0:06:25.760 a monetary phenomenon. It's always caused by the inflation of 0:06:25.800 --> 0:06:31.080 the money supply. Nobody should have the power to steal 0:06:31.360 --> 0:06:33.320 wealth from me or you. No one should have the 0:06:33.320 --> 0:06:36.479 power to do that. That's theft. So the government knows 0:06:36.560 --> 0:06:38.880 that they can only raise taxes so much before the 0:06:38.880 --> 0:06:41.760 people revolt, and uh and and and throw, you know, 0:06:41.800 --> 0:06:44.799 throw a fit here. So you know, fifty percent maybe 0:06:44.800 --> 0:06:47.800 if they can tax the rich at sixty percent, but 0:06:47.839 --> 0:06:50.560 I mean before too much, you know, people are going 0:06:50.600 --> 0:06:53.000 to flip out. And uh, you know about half the 0:06:53.000 --> 0:06:55.080 people in the United States don't pay taxes anyway, net 0:06:55.360 --> 0:06:58.520 net taxes anyway. And so what they do is, instead 0:06:58.560 --> 0:07:02.440 of raising taxes, they steal from you a different way, 0:07:02.680 --> 0:07:06.520 and that's by printing themselves more money. And not only 0:07:06.560 --> 0:07:08.839 does not only do they steal value from them yourselves 0:07:08.839 --> 0:07:11.600 that way, but then they print more money for themselves, 0:07:11.600 --> 0:07:13.240 they give it to the banks. The banks give it 0:07:13.280 --> 0:07:15.400 to their Wall Street buddies like black Rock, and then 0:07:15.440 --> 0:07:18.120 black Rock takes that money and go buys all the 0:07:18.200 --> 0:07:23.480 single family homes across America at thirty five over the 0:07:23.520 --> 0:07:26.520 market value. So not only are they stealing the value 0:07:26.520 --> 0:07:29.880 from your money, then the money by printing it. Then 0:07:29.880 --> 0:07:32.000 they give that printed money to black Rock. They pushed 0:07:32.000 --> 0:07:33.920 the price of real estate up. So now two things happened. 0:07:33.960 --> 0:07:36.680 One but they stole money from you and pushed the 0:07:36.680 --> 0:07:39.520 price of real estate up and made your dollars buy 0:07:39.600 --> 0:07:42.080 less at the same time. It's a double whammy. My 0:07:42.200 --> 0:07:46.280 dollars less and homes went up at the same time. 0:07:46.840 --> 0:07:50.080 I'm getting screwed from both ends. No one should have 0:07:50.120 --> 0:07:53.679 the ability to do that. As long as one group 0:07:53.680 --> 0:07:56.480 of people have to trade their time for money and 0:07:56.520 --> 0:07:59.000 another group of people have a money printer, he leads 0:07:59.040 --> 0:08:03.040 to slavery every single time. And that's why bitcoin. I 0:08:03.080 --> 0:08:06.240 want to get more into what they're doing to to 0:08:06.320 --> 0:08:08.280 kind of steal your wealth. I want to tell you 0:08:08.480 --> 0:08:10.320 a report that came out by the I m F. 0:08:10.720 --> 0:08:12.840 The I m F is actually they're kind of like 0:08:12.880 --> 0:08:15.680 the central bank above central banks. Um, there's a report 0:08:15.680 --> 0:08:18.600 that came out I want to tell you about. But 0:08:18.640 --> 0:08:22.440 then I want to tell you how we can not 0:08:22.560 --> 0:08:26.920 only protect ourselves from this, but actually how we can 0:08:27.040 --> 0:08:31.280 benefit from this at the same time. UM, you might 0:08:31.320 --> 0:08:33.360 have a little hint, but that's what I'm gonna tell you. 0:08:33.400 --> 0:08:35.160 By the way, you're listening to the Mark Moa show, 0:08:35.400 --> 0:08:38.160 we're talking about bitcoin, We're talking about cryptocurrencies. You know, 0:08:38.200 --> 0:08:41.720 we're talking about this decentralized revolution, and really I'm focusing 0:08:41.720 --> 0:08:45.240 on why why should we even care. Why is this 0:08:45.280 --> 0:08:48.520 opportunity so big? Why will it change the world? And 0:08:49.000 --> 0:08:50.960 why should you be listening to anything that I'm saying. 0:08:51.240 --> 0:08:54.240 So I want to tell you about that because I think, Um, 0:08:54.280 --> 0:08:57.960 if you understand that, then you can understand how big 0:08:58.000 --> 0:09:00.000 it is. You know, then you'll look past all these people. 0:09:00.120 --> 0:09:02.200 Let's say it's a scam, it's a joke, it's audits 0:09:02.240 --> 0:09:06.800 or whatever, whatever, whatever, um, but it's that big um. 0:09:06.920 --> 0:09:08.240 And you know, a lot of people think that we 0:09:08.280 --> 0:09:11.120 need inflation, we need the money supply to grow. If 0:09:11.160 --> 0:09:13.160 the money supply doesn't grow, how does the economy grow? 0:09:13.240 --> 0:09:16.079 They say, Well, I would just ask those people one 0:09:16.080 --> 0:09:20.520 simple question, would you rather And I'll ask you, would 0:09:20.520 --> 0:09:23.600 you rather your money that you've worked for and saved. 0:09:23.679 --> 0:09:25.840 Would you rather your money buy more goods and services 0:09:25.880 --> 0:09:28.640 in the future, or would you rather your money by 0:09:28.880 --> 0:09:32.439 less goods and services in the future. And of course 0:09:32.559 --> 0:09:35.160 the answer is we want more, which of course is 0:09:35.200 --> 0:09:37.800 why we don't want inflation, which is why we don't 0:09:37.840 --> 0:09:40.000 want which why we won't bitcoin. You listen to the 0:09:40.000 --> 0:09:43.000 Markmas Show. I'll be right back, all right, welcome back. 0:09:43.040 --> 0:09:45.319 You are listening to the markma Show, and we're talking 0:09:45.360 --> 0:09:49.439 about bitcoin. We're talking about cryptocurrencies. We're talking about this 0:09:49.440 --> 0:09:52.880 this entire you know crypto revolution that you hear so 0:09:53.000 --> 0:09:56.800 much about. We're talking about, um, all these digital tokens. This, 0:09:56.880 --> 0:09:58.960 this is the whole revolution and what I'm really focusing 0:09:58.960 --> 0:10:01.200 on before we went to the brake, because it's focusing 0:10:01.240 --> 0:10:05.320 on why, why do we need it? What? What? What's 0:10:05.320 --> 0:10:08.440 the importance of it? Because you know, it all comes 0:10:08.480 --> 0:10:10.600 back down to, you know, why it's important to you. 0:10:11.280 --> 0:10:13.720 It said, you know, one man's trash is another man's treasure. 0:10:14.120 --> 0:10:15.800 I don't like it when someone say it's it's not 0:10:15.840 --> 0:10:18.080 worth anything, because it might not be worth anything to you, 0:10:18.160 --> 0:10:20.520 but it should. You know, sure it's heck worth something 0:10:20.559 --> 0:10:22.680 to me or two to other people. But the only 0:10:22.720 --> 0:10:24.120 the only people that would say that it's not worth 0:10:24.120 --> 0:10:26.840 anything or people that don't understand it. And so um 0:10:26.840 --> 0:10:29.960 we were talking about before the break, how inflation at 0:10:29.960 --> 0:10:32.680 a new thirty year high over six percent, but for 0:10:32.760 --> 0:10:36.400 the consumer Price Index, but it's really way higher. Um. 0:10:36.679 --> 0:10:39.560 They've they've changed that CPI number multiple times. They changed 0:10:39.559 --> 0:10:41.240 in the eighties to change in the nineties. If we 0:10:41.280 --> 0:10:43.679 went back to how they calculated in the nies, were 0:10:43.720 --> 0:10:47.080 at over fifteen percent inflation, but even that's low. UM. 0:10:47.120 --> 0:10:49.040 It affects this differently. But you know, gas at the 0:10:49.040 --> 0:10:52.080 pumps up fifty right, homes are up UM, and so 0:10:52.200 --> 0:10:54.320 it affects us differently. And the reason why is because 0:10:54.320 --> 0:10:58.240 they're printing so much money um and they're you know, 0:10:58.320 --> 0:11:00.720 they're basically stealing from you what they're doing when they're 0:11:00.720 --> 0:11:04.920 printing that money. Now, what happens is any any nation, 0:11:04.960 --> 0:11:08.120 any government does this towards the end, as they're losing 0:11:08.160 --> 0:11:10.800 their grip at the end of the empire, they impose 0:11:10.920 --> 0:11:15.120 something called capital controls. And the capital controls are basically 0:11:15.160 --> 0:11:17.800 a way that they do what they say, they control 0:11:17.880 --> 0:11:21.520 the capital, meaning they don't allow you to move the 0:11:21.640 --> 0:11:24.440 money in or out of the market because they need 0:11:24.440 --> 0:11:27.920 to control it. So what happens is, if you know, 0:11:27.960 --> 0:11:31.040 you're in Venezuela, that's a good example of hyper inflation 0:11:31.080 --> 0:11:33.079 where the money is like literally losing you know, just 0:11:33.320 --> 0:11:37.800 inflated by a year. The money is losing value so 0:11:37.960 --> 0:11:40.160 fast you have to go out multiple times a day 0:11:40.200 --> 0:11:43.120 to buy goods and services because it's like it's it's 0:11:43.160 --> 0:11:45.600 literally going up that fast. And so what they do 0:11:46.000 --> 0:11:47.760 people are like I need to I need to get 0:11:47.840 --> 0:11:51.760 rid of these um Venezuelan dollars, believe ours as fast 0:11:51.800 --> 0:11:54.400 as I can, and so I'll exchange them for for 0:11:54.520 --> 0:11:56.840 US dollars because US dollars aren't aren't losing their value 0:11:56.840 --> 0:11:58.680 that bad. And so what they do and the more 0:11:58.720 --> 0:12:01.680 people that would leave the UH Venezuelan dollar to go 0:12:01.720 --> 0:12:04.320 to the American dollar, um, the more people that do that, 0:12:04.400 --> 0:12:07.720 the faster the Venezuelan dollar drops, and they have less 0:12:07.760 --> 0:12:10.040 control over it. And so they do something called capital 0:12:10.040 --> 0:12:12.920 controls to lock you in so you don't have a 0:12:13.000 --> 0:12:15.520 way out. There's no life raft for you. You're going 0:12:15.600 --> 0:12:19.040 down with the ship, they say, right, and so let 0:12:19.040 --> 0:12:21.120 me give you some examples of how they do this. 0:12:21.200 --> 0:12:25.439 So um in in in pretty much every every nation 0:12:25.480 --> 0:12:28.040 in the world has a central bank. The central bank 0:12:28.679 --> 0:12:31.559 prints the money stealing from us. And then above all 0:12:31.559 --> 0:12:33.680 the nation's central bank, there's the i m F, the 0:12:33.720 --> 0:12:37.199 International Monetary Fund. It was founded back in under the 0:12:37.200 --> 0:12:39.680 Breton Woods Agreement when the entire world agreed to go 0:12:39.720 --> 0:12:42.319 on the a global monetary system under the gold standard. 0:12:42.720 --> 0:12:44.080 And so the i m F kind of sets like 0:12:44.120 --> 0:12:47.760 global monetary policy, and there's a there's a paper that 0:12:47.800 --> 0:12:50.199 I was reading this week, and it was written back 0:12:50.280 --> 0:12:54.439 in January two thousand and fifteen from the I m F. 0:12:54.480 --> 0:12:59.880 It's called the Liquidation of Government Debt, the liquidation of government. 0:13:00.240 --> 0:13:02.720 Just think about that title for a second. So it 0:13:02.760 --> 0:13:04.480 says here the summary, I'm going to read it directly 0:13:04.520 --> 0:13:08.400 from their from their thing quote it high public debt 0:13:08.559 --> 0:13:14.000 often produces the drama of default and restructuring. Okay, So 0:13:14.200 --> 0:13:15.800 what they're saying is, when you have a lot of debt, 0:13:16.480 --> 0:13:18.880 there's a greater than average chance that you might default 0:13:18.920 --> 0:13:21.000 or have to restructure it. Okay, sure it makes sense, 0:13:21.480 --> 0:13:26.160 it says, but debt is also reduced through financial repression. 0:13:27.160 --> 0:13:31.000 Keyword there, financial repression. I'll explain that more so, the 0:13:31.040 --> 0:13:34.640 debts reduced through financial repression. It's a tax on bond 0:13:34.640 --> 0:13:43.360 holders and savers via negative or below market real interest rates. Okay, 0:13:43.400 --> 0:13:47.240 so it's a tax on bond holders and savers. So 0:13:47.280 --> 0:13:50.640 if you're saving money in your bank account, then there 0:13:50.640 --> 0:13:52.920 it's a tax on you because they're printing money, they're 0:13:52.960 --> 0:13:54.960 stealing the value of the dollars in your bank account. 0:13:55.200 --> 0:13:58.880 But also if you're a bondholder, so most people that 0:13:58.920 --> 0:14:02.280 are using financial visors today have something known as a 0:14:02.400 --> 0:14:07.720 sixty forty portfolio, goes into stocks, goes into bonds. Well 0:14:08.280 --> 0:14:12.360 they do that. They've put you into thatt split so 0:14:12.720 --> 0:14:15.480 they can steal money from you. This is what they're saying, 0:14:15.600 --> 0:14:18.120 Let me go on. It says after World War Two, 0:14:18.160 --> 0:14:22.680 capital controls and regulatory restrictions created a captive audience for 0:14:22.800 --> 0:14:27.720 government debt. Let me read that again. Capital controls and 0:14:27.760 --> 0:14:32.200 regulatory restrictions created a captive audience for government debt, limiting 0:14:32.280 --> 0:14:36.200 tax based erosion. So again, capital controls are forcing you 0:14:36.280 --> 0:14:38.680 to stay in a captive audience. They won't allow you 0:14:38.720 --> 0:14:41.800 to get out and save yourself. It says. Financial repression 0:14:41.880 --> 0:14:47.200 is most successful in liquidating debt when accompanied by inflation. 0:14:47.960 --> 0:14:50.720 So inflation they print money and make sure thatways worth less. 0:14:50.760 --> 0:14:53.720 And then what they're doing is below real interest rates. 0:14:53.720 --> 0:14:55.520 So what does that mean? So when you're buying bonds, 0:14:55.920 --> 0:14:57.960 you buy the bonds, which is government debt. So the 0:14:57.960 --> 0:15:00.080 government wants to borrow money, they issue a bond, and 0:15:00.200 --> 0:15:01.880 you buy the bond. They agree to pay you the 0:15:01.880 --> 0:15:05.120 money back plus interest. Right right now, today, a tenure 0:15:05.360 --> 0:15:07.560 um treasury bond is paying you about one and a 0:15:07.560 --> 0:15:10.720 half percent one point five percent ish um. And so 0:15:11.280 --> 0:15:14.240 if I guarantee or I give the government my money, um, 0:15:14.320 --> 0:15:16.160 here you go ten years, you have it. You give 0:15:16.200 --> 0:15:18.360 me my principal back plus one point five percent interest. 0:15:18.600 --> 0:15:23.400 But inflation is six point five percent, So I'm making 0:15:23.520 --> 0:15:26.960 one point five percent, but I'm losing six five percent, 0:15:27.040 --> 0:15:31.680 which means I'm actually losing net five percent of my money. 0:15:31.720 --> 0:15:35.120 So basically what's happening is I'm paying the government to 0:15:35.160 --> 0:15:38.880 borrow my money. Instead of them paying me, I'm literally 0:15:39.200 --> 0:15:43.040 paying them. Does that make sense? Because it's negative yielding, 0:15:43.280 --> 0:15:47.160 I'm actually losing more, so they're paying me back with 0:15:47.160 --> 0:15:51.680 with weaker currency, and so they're basically created this trap 0:15:51.720 --> 0:15:54.360 that is for the International Monetary funds paper and so 0:15:54.640 --> 0:15:58.280 all these financial advisors have been basically kind of hired 0:15:58.320 --> 0:16:00.840 put together by by the everyone is by the central 0:16:00.840 --> 0:16:04.600 banks to put you into the sixty forty splits um, 0:16:04.680 --> 0:16:07.080 so all your money is tied up in the bond 0:16:07.120 --> 0:16:10.480 market so they can punish both savors in their own words, 0:16:10.600 --> 0:16:16.720 financial repression, both savers and both bond holders. That's why 0:16:16.760 --> 0:16:21.400 bitcoin is here. Bitcoin is the life raft. Bitcoin is 0:16:21.480 --> 0:16:25.280 the release valve. If you don't like the value of 0:16:25.320 --> 0:16:28.920 your dollars being stolen from your savings account, which I don't. 0:16:29.000 --> 0:16:30.680 I don't. I can't imagin anybody likes that. They just 0:16:30.720 --> 0:16:33.080 don't know about it. If you don't like the idea 0:16:33.120 --> 0:16:36.520 of your your financial advisor pushing you into a into 0:16:36.520 --> 0:16:39.280 a bond portfolio that's literally losing money and designed to 0:16:39.320 --> 0:16:42.400 steal your wealth, which again I can't imagine you would, 0:16:42.600 --> 0:16:45.520 Well you don't have another option? Well you do. I mean, 0:16:45.600 --> 0:16:48.880 I suppose you could buy um, you know stocks, right, 0:16:48.920 --> 0:16:52.520 but still they're still deflating, they're still stealing the value 0:16:52.520 --> 0:16:55.800 from that. And that's why bitcoin. Bitcoin gives us that 0:16:55.880 --> 0:16:59.120 release valve, It gives us that way to get outside 0:16:59.120 --> 0:17:03.680 of it. Stocurrencies do that, um and and that's exactly 0:17:03.680 --> 0:17:07.679 why China made cryptocurrency is illegal. Um about you know, 0:17:07.720 --> 0:17:10.479 five six months ago. They're in really bad shape. I'm 0:17:10.480 --> 0:17:12.080 not gonna get super deep into China, but they're in 0:17:12.160 --> 0:17:16.040 really bad shape. And they do not want people escaping 0:17:16.040 --> 0:17:19.080 out of their currency because as more and more people escape, 0:17:19.160 --> 0:17:21.840 the faster the currency goes, and then it pushes, so 0:17:21.920 --> 0:17:24.159 people build the dollar go to bitcoin, Bitcoin goes up, 0:17:24.200 --> 0:17:26.680 and the dog goes down. Well, people are like, well, shoot, 0:17:26.720 --> 0:17:28.600 I'll go to bitcoin, which pushes up the dog goes down, 0:17:28.840 --> 0:17:30.720 and then the more that people do it, the faster 0:17:30.800 --> 0:17:34.159 it goes and eventually it's out of control. That's how 0:17:34.200 --> 0:17:36.280 fast it's. Uh, it's one of those things that starts 0:17:36.320 --> 0:17:39.040 to spiral out of control. Once it starts, you can't 0:17:39.040 --> 0:17:42.679 really put the genie back in the bottle. And that 0:17:42.760 --> 0:17:44.920 is why bitcoin. Hopefully that makes sense. Now, I want 0:17:44.920 --> 0:17:46.480 to tell you one other thing. I don't tell you 0:17:46.520 --> 0:17:50.639 about the supply chains because this the CPI number, the 0:17:50.640 --> 0:17:53.800 six and a half percent inflation. Um, it's not going away. 0:17:53.840 --> 0:17:55.520 They're blaming it on supply chains, and I want to 0:17:55.560 --> 0:17:57.800 explain to you why that's not the case so you 0:17:57.800 --> 0:18:00.560 can better understand why we need something and like bitcoin 0:18:00.600 --> 0:18:04.000 cryptocurrencies to have that alternative. By the way, you're listening 0:18:04.000 --> 0:18:06.119 to the Mark Ma Show where I talk to you 0:18:06.119 --> 0:18:09.199 about bitcoin and cryptocurrencies and the decentralized revolution, bring you 0:18:09.200 --> 0:18:12.160 the information you need to benefit from the largest wealth 0:18:12.200 --> 0:18:16.760 transfer we will ever see in our lifetimes and multiple lifetimes. Again, 0:18:16.760 --> 0:18:19.600 it's the Mark Ma Show. I'll be right back, all right, 0:18:19.640 --> 0:18:21.760 welcome back. You are listening to the Mark Ma Show 0:18:21.800 --> 0:18:25.720 and we're talking about bitcoin and cryptocurrencies and the decentralized 0:18:25.800 --> 0:18:30.240 revolution that's taking the world by storm. And you know, 0:18:30.280 --> 0:18:32.720 there's so many angles. It's such a big subject. It's 0:18:32.760 --> 0:18:36.440 such a big topic. I've been researching and writing and 0:18:36.480 --> 0:18:39.520 speaking and talking about this for seven years and it 0:18:39.560 --> 0:18:43.040 never gets old because it's changing so fast. And the 0:18:43.200 --> 0:18:45.760 more that I learned, the more that I realized that 0:18:45.800 --> 0:18:49.880 I don't know. And so each and every week I'm 0:18:49.920 --> 0:18:52.040 coming at it from a totally different angle, with a 0:18:52.080 --> 0:18:55.000 totally different way to look at it. And the more 0:18:55.080 --> 0:18:57.680 angles you have, the more ways that you can look 0:18:57.720 --> 0:19:00.640 at it, the better equipped you'll be to take advantage 0:19:00.640 --> 0:19:03.600 of what's really going on. And so I come to 0:19:03.680 --> 0:19:05.679 each and every week, grab your phone, pull out a 0:19:06.119 --> 0:19:08.080 pull out your phone, put a calendar reminder at this time, 0:19:08.160 --> 0:19:10.320 this day, this channel, and I'll be back with you 0:19:10.440 --> 0:19:12.760 each and every week. UM, and I think it's going 0:19:12.840 --> 0:19:15.359 to be the most profitable part of your week. Now. 0:19:15.640 --> 0:19:19.520 Before the break, I was talking about, um, why why 0:19:19.640 --> 0:19:21.480 do we even need this, because there's a lot of 0:19:21.480 --> 0:19:24.000 people have that question. It's stupid, it's pointless, it makes 0:19:24.000 --> 0:19:25.879 no sense, it's a waste of Time's a waste of 0:19:25.880 --> 0:19:28.760 money whatever, blah blah blah. Well, um, it may be 0:19:28.880 --> 0:19:31.320 worthless to you, but it's it's not worthless um to 0:19:31.320 --> 0:19:34.119 everybody else. And so I was trying to explain one 0:19:34.200 --> 0:19:37.480 of the one of the many, many reasons why uh 0:19:37.560 --> 0:19:41.359 it's important. So we're talking about this week, the government, 0:19:41.440 --> 0:19:43.919 the United States government put out the CPI numbers, the 0:19:43.920 --> 0:19:48.000 consumer price inflation numbers, consumer Price Index numbers, which shows 0:19:48.000 --> 0:19:50.359 the inflation it's at a thirty year high over six percent. 0:19:50.600 --> 0:19:53.679 And how I was explaining how that's basically theft. Basically 0:19:53.680 --> 0:19:56.480 that means your dollars are just buying less goods and services. 0:19:57.520 --> 0:19:59.480 And I went on to explain how they use capital 0:19:59.480 --> 0:20:02.400 controls to lock you in the system, and how the 0:20:02.560 --> 0:20:04.920 i m F published a report that says that that's 0:20:04.920 --> 0:20:10.000 actually their stated goal. They're literally uh keeping you trapped 0:20:10.080 --> 0:20:12.840 so they can continue to steal your wealth um, not 0:20:12.920 --> 0:20:15.480 only through inflation, which robs your savings, but also through 0:20:15.520 --> 0:20:18.080 negative yielding bonds, and so they're stealing from your bonds 0:20:18.080 --> 0:20:20.000 as well. So if you're with a financial advisor and 0:20:20.040 --> 0:20:23.840 they're putting you in a sixty forty uh portfolio, I 0:20:23.840 --> 0:20:27.000 would recommend to find a new financial advisor. But moving 0:20:27.000 --> 0:20:30.160 on from that, I wanted to talk about something which 0:20:30.280 --> 0:20:34.200 was I used the term gas lighting before. The media 0:20:34.200 --> 0:20:36.600 has always gas lighting us. They're telling us what we see, 0:20:36.640 --> 0:20:38.720 what we hear, um is not what we see and 0:20:38.720 --> 0:20:41.840 what we hear and so um they're saying, you know, nah, 0:20:42.160 --> 0:20:44.960 inflation is not a problem. It's it's fine, it's fine, 0:20:45.400 --> 0:20:47.120 but like, meanwhile, it's like twice as much to fill 0:20:47.160 --> 0:20:49.360 up your tank. Um. And now what they're telling us 0:20:49.680 --> 0:20:52.840 is that the the inflations transitory is gonna go away. 0:20:53.200 --> 0:20:55.639 And the reason why it's because it's about the supply chains. 0:20:56.040 --> 0:20:58.960