WEBVTT - The Mark Moss Show Oct 31, 2022 0:00:00.120 --> 0:00:02.800 Hello, and welcome to another episode of the Mark Mos Show, 0:00:02.800 --> 0:00:04.920 where we talk about each and every week we talk 0:00:05.000 --> 0:00:09.440 about what I call the decentralized revolution. I'm talking about 0:00:09.440 --> 0:00:11.719 the way the world is changing right now before our 0:00:11.760 --> 0:00:14.520 very eyes. We look at it through the lens of politics, finance, 0:00:14.560 --> 0:00:19.840 and technology. Now, most people understand that things are changing, Um, 0:00:20.000 --> 0:00:22.960 most people don't understand why they're changing, and more importantly, 0:00:23.200 --> 0:00:25.560 where they change to or where things go. And so 0:00:25.600 --> 0:00:28.080 we try to uncover that. I know, um, you know, 0:00:28.160 --> 0:00:29.680 I've talked about this a lot. I'm not gonna go 0:00:29.720 --> 0:00:33.840 through it. But UM like this pendulum that swings from centralization, 0:00:33.920 --> 0:00:36.920 which is peak centralization, World Economic Forum and you in 0:00:37.000 --> 0:00:40.360 and I m F and so forth, swinging back towards 0:00:40.360 --> 0:00:43.040 a world of decentralization. And a lot of people always 0:00:43.080 --> 0:00:48.479 ask me, um, arc when when when will this happen? 0:00:48.840 --> 0:00:51.680 And I say, it's a process, it's not an event. 0:00:51.760 --> 0:00:55.440 It's happening. And so we spend time looking at that. 0:00:55.520 --> 0:00:58.240 Of course, UM, through the lens of those three things. 0:00:58.280 --> 0:01:01.480 Like I said, politics, finance, and technology, it's easy to 0:01:01.520 --> 0:01:05.040 see that the political system around the world is changing. 0:01:05.120 --> 0:01:07.039 We'll talk about that. It's easy to see that the 0:01:07.080 --> 0:01:11.240 financial system is falling apart. It's crumbling right before our 0:01:11.319 --> 0:01:14.880 very eyes. And of course technology is what always drives 0:01:14.880 --> 0:01:17.040 the change, and of course we're talking about Bitcoin of 0:01:17.080 --> 0:01:21.360 the decentralized technology that provides us, which gives us exactly 0:01:21.400 --> 0:01:23.920 what we need right when the world needs to reject 0:01:23.920 --> 0:01:27.080 centralization to move to decentralization, we have the technology that 0:01:27.200 --> 0:01:30.600 gives us just that. So I want to talk about 0:01:31.319 --> 0:01:35.120 for this show some of the biggest signposts that we 0:01:35.160 --> 0:01:39.120 can see right now today that are happening um that 0:01:39.280 --> 0:01:42.600 really illustrate that we are in the middle of this process. 0:01:43.040 --> 0:01:45.720 So the event, it's a process, not event event. I mean, 0:01:45.800 --> 0:01:50.280 it doesn't happen at a specific date and time. It's happening. 0:01:50.640 --> 0:01:55.080 It's like watching paint dry um or water boil um. 0:01:55.120 --> 0:01:58.600 The water is heating up and it will eventually start boiling, 0:01:58.760 --> 0:02:00.040 but right now it's heating up. And that's kind of 0:02:00.160 --> 0:02:02.120 what we're talking about. So we look at a signpost 0:02:02.160 --> 0:02:03.920 to see how these are happening. So I want to 0:02:03.920 --> 0:02:05.960 go through those, and then I want to talk about 0:02:07.520 --> 0:02:13.040 what I might see as potentially the biggest opportunity that 0:02:13.280 --> 0:02:15.639 we have to take advantage of this if we want 0:02:15.639 --> 0:02:17.600 to make money from it, if we want to protect 0:02:17.639 --> 0:02:18.880 our money from it, if we want to build, grow, 0:02:18.919 --> 0:02:21.040 and protect. I'd like to say, build, grow, and protect 0:02:21.080 --> 0:02:24.760 our wealth as this transition happens. So it's not just 0:02:24.800 --> 0:02:28.160 a matter of watching, uh, paint dry, just to watch 0:02:28.200 --> 0:02:30.600 paint dry. It's a matter of watching this so we 0:02:30.720 --> 0:02:34.080 can move, react, we can build, grow, protect our wealth, 0:02:34.720 --> 0:02:37.760 um and have a lot more success. I know things 0:02:37.840 --> 0:02:42.440 are scary. I get it. Uncertainty is always scary. Also, 0:02:43.040 --> 0:02:45.760 things are scary because you know, maybe you're not happy 0:02:45.840 --> 0:02:47.760 with the way things are going, which a lot of 0:02:47.760 --> 0:02:51.560 people aren't. But it's not a not a doom and 0:02:51.560 --> 0:02:53.760 gloom show. I have lots of hope. I believe that 0:02:53.880 --> 0:02:56.360 on the other side of change is massive, open prosperity 0:02:56.360 --> 0:02:59.280 for ourselves, for our killed, our kids, our children, are grandkids, 0:02:59.320 --> 0:03:01.560 et cetera. And so that's what I'm excited about. And 0:03:01.600 --> 0:03:03.880 so let's take a look at this UM kind of 0:03:03.880 --> 0:03:07.120 digging into this a little bit. So where do I 0:03:07.200 --> 0:03:11.400 even start. There's so many signposts that are happening. What 0:03:11.440 --> 0:03:14.080 we can see is let's let's take a look at 0:03:14.320 --> 0:03:15.960 Let's start with some of the smaller ones and we'll 0:03:16.000 --> 0:03:20.000 dig into some of the bigger ones here. Um Man, 0:03:20.040 --> 0:03:21.959 they're all so big. I've written down like five or 0:03:22.000 --> 0:03:25.360 six big signposts. One as I said, we've been moving 0:03:25.440 --> 0:03:31.399 towards this centralization. So World Economic Forum, Think Tank they're 0:03:31.400 --> 0:03:34.120 sitting above and really, um, if we if we looked 0:03:34.160 --> 0:03:37.320 at this, uh, the world sort of like an organ chart, 0:03:37.360 --> 0:03:39.760 like an organizational chart for a business. If you look 0:03:39.800 --> 0:03:41.160 at the org chart for a business, you have the 0:03:41.160 --> 0:03:44.000 CEO at the top, and then maybe the directors you know, 0:03:44.360 --> 0:03:47.360 the vice presidents below them. Um. Then you might have 0:03:47.400 --> 0:03:49.520 the managers you know, and then like the employees and 0:03:49.560 --> 0:03:50.880 so you kind of have this org chart like this 0:03:51.000 --> 0:03:53.520 upside down or like a pyramid. And if you look 0:03:53.520 --> 0:03:56.040 at the world, we'd have something very similar where we'd 0:03:56.080 --> 0:03:59.440 have the B I s at the top, maybe the 0:03:59.480 --> 0:04:01.240 B I s in the I m F the banks 0:04:01.480 --> 0:04:05.000 the banksters that run the world they say, at the top. 0:04:05.360 --> 0:04:09.000 And then below that then we have like these policy 0:04:09.080 --> 0:04:14.720 makers like the World Economic Forum, the Rockefellow Foundation, etcetera. Um. 0:04:14.920 --> 0:04:20.560 Below that then you would have the policy uh enforcers, 0:04:21.000 --> 0:04:24.800 these are the governments, um. And then somewhere below that 0:04:24.960 --> 0:04:29.440 you would have then um us the subjects, the people right. 0:04:29.880 --> 0:04:34.839 And so as this power has been getting centralized, UM, 0:04:34.880 --> 0:04:39.160 it's tried to basically control every every area of our life. 0:04:39.200 --> 0:04:40.960 One of the big ways they do that is, like 0:04:41.000 --> 0:04:42.920 I said, through the money. So it starts at the bank. 0:04:43.000 --> 0:04:47.320 So they say, hey, um I m F says, hey, countries, 0:04:47.800 --> 0:04:50.560 if you want our money, then you must do the 0:04:50.560 --> 0:04:53.080 things that we want you to do. So for example, UM, 0:04:53.200 --> 0:04:58.720 during during the pandemic, we saw the entire world shut 0:04:58.760 --> 0:05:02.360 down at the exact same time, directed by the sister 0:05:02.560 --> 0:05:04.359 arm of the world ecomic form. But this is the 0:05:04.360 --> 0:05:09.560 World Health Organization w ef w H and they said, hey, world, 0:05:10.000 --> 0:05:12.160 the whole world's gonna die, and so you better lock 0:05:12.240 --> 0:05:14.719 down your country. And they said, the whole world's gonna die. 0:05:14.760 --> 0:05:16.920 You're gonna lose everything, but don't worry. We got your back. 0:05:16.960 --> 0:05:19.000 We got your back. We're gonna give you a bunch 0:05:19.000 --> 0:05:23.560 of money so you don't die. And uh, in order 0:05:23.560 --> 0:05:25.080 for you to get that money, you must do the 0:05:25.160 --> 0:05:27.599 things that we say that you do. And they do that, 0:05:27.680 --> 0:05:29.560 and and there's other ways they do that. And so 0:05:29.640 --> 0:05:31.920 a little bit lower level, we have this policy called 0:05:32.000 --> 0:05:35.000 E s G. I've talked about this quite extensively it 0:05:35.040 --> 0:05:39.479 stands for Environmental, Social and Governance e s G. And 0:05:39.480 --> 0:05:44.080 it's a set of guidelines that they they being the 0:05:44.080 --> 0:05:46.200 World Eucoming Forum and all the people that are at 0:05:46.200 --> 0:05:50.440 the top of this pyramid are pushing onto businesses and 0:05:50.480 --> 0:05:53.560 again through the money. Right, so it starts at the 0:05:53.560 --> 0:05:57.279 banking If you want our money, you must do what 0:05:57.320 --> 0:06:01.560 we say you must have your business is comply with 0:06:01.720 --> 0:06:06.520 an e s G environmental social governance system. Now, this 0:06:06.600 --> 0:06:09.560 is not this is not conspiracy, this is not speculation. 0:06:10.120 --> 0:06:12.000 This is their stated goal. You can go to the 0:06:12.040 --> 0:06:14.320 World Like Coming Forum website. You can read it directly 0:06:14.720 --> 0:06:17.280 Mark Harney, who is arguably one of the most influential 0:06:17.279 --> 0:06:20.400 people the entire world. Um, if you don't know who 0:06:20.400 --> 0:06:22.400 he is, just google it real quick. You'll find out 0:06:22.400 --> 0:06:25.760 who he is. He said that companies that do not 0:06:26.720 --> 0:06:29.039 comply to these e s G mandates will be quote 0:06:29.120 --> 0:06:33.719 his words quote economic road kill, meaning if they don't 0:06:33.760 --> 0:06:36.039 do the things that we say they should do, then 0:06:36.279 --> 0:06:39.320 they don't get any money and they'll die economic roadkill, 0:06:39.360 --> 0:06:43.560 as he calls them. Now, it continues to get pushed 0:06:43.600 --> 0:06:46.400 down and what a lot of people, and we're talking to, 0:06:46.560 --> 0:06:49.520 mostly at a US based American audience today. But this 0:06:49.600 --> 0:06:51.440 applies to you no matter where you're in the world. 0:06:51.520 --> 0:06:53.200 But what a lot of people don't understand the United 0:06:53.200 --> 0:06:55.920 States is that it also continues working the same way. 0:06:56.040 --> 0:06:58.120 Our money, you know, starts with the money being used 0:06:58.120 --> 0:07:01.159 against us. And so you might have heard the word 0:07:01.360 --> 0:07:04.240 or the heard of the fund called black Rock before. 0:07:05.360 --> 0:07:09.760 And then black Rock is the largest asset manager in 0:07:09.800 --> 0:07:12.320 the world, so they have more money, you know, more 0:07:12.400 --> 0:07:15.440 assets than anybody else, and they are one of the 0:07:15.480 --> 0:07:19.880 biggest pushers of these E s G mandates, And so 0:07:19.960 --> 0:07:25.400 they take basically they own between black Rock, Vanguard, and 0:07:25.560 --> 0:07:29.400 State Street, they basically own every publicly traded company. Go 0:07:29.480 --> 0:07:32.240 to any of your favorite public traded companies, go find 0:07:32.280 --> 0:07:34.480 out who the shareholders are, and you're gonna see one 0:07:34.520 --> 0:07:37.400 of those three names as the largest shareholder, most likely 0:07:37.440 --> 0:07:39.880 black Rock, but then State Street and Vanguard as well. 0:07:40.120 --> 0:07:42.720 So black Rock owns almost all the companies out there, 0:07:42.720 --> 0:07:45.240 all the public traded companies. Um you remember hearing how 0:07:45.240 --> 0:07:47.560 they are buying up single family homes all across America, 0:07:47.640 --> 0:07:51.160 pricing single family homes out of single families out of 0:07:51.200 --> 0:07:58.360 buying homes, and again pushing E S G mandates. For example, Um, 0:07:58.560 --> 0:08:02.840 they took they took control and interests of Exxon. You 0:08:02.920 --> 0:08:04.760 might have heard of Xson before. It's one of the 0:08:04.840 --> 0:08:11.120 largest oil companies, energy companies in the world, American company. 0:08:11.360 --> 0:08:14.840 They took ownership, they took over the board seats, they 0:08:14.840 --> 0:08:17.200 ousted some other people from the board, they took over 0:08:17.280 --> 0:08:20.800 controlling board seats, and then they made Exxon get out 0:08:20.840 --> 0:08:24.160 of the oil business. Now it's bad for two reasons. 0:08:24.640 --> 0:08:28.000 It's bad because they're an oil company. So what does 0:08:28.040 --> 0:08:29.040 that will come to do when they get out of 0:08:29.040 --> 0:08:32.520 the oil business? While they lose money? And so if 0:08:32.559 --> 0:08:35.360 you were an investor in that company, you're not real 0:08:35.400 --> 0:08:39.160 happy about that you've lost money. But also, if you're 0:08:39.640 --> 0:08:43.280 somebody in the world who wants to live, you've realized 0:08:43.320 --> 0:08:45.400 that oil drives the price of everything. That's now the 0:08:45.440 --> 0:08:47.640 cost of everything that you get went up because we 0:08:47.760 --> 0:08:50.520 have less oil. That's one example. I want to talk 0:08:50.520 --> 0:08:53.040 about how this is breaking down. Um, you're if you're 0:08:53.040 --> 0:08:54.840 just tuning in, you're listening to the markma Show. We're 0:08:54.880 --> 0:08:57.680 talking today about the decentralized Revolution, which we talk about 0:08:57.679 --> 0:08:59.599 every week. But I want to break this down a 0:08:59.640 --> 0:09:02.440 little bit how it's swinging right now, and then some 0:09:02.480 --> 0:09:04.400 of the opportunities that it's opened us up for us. 0:09:04.440 --> 0:09:06.400 For us, I got a whole lot to cover. I 0:09:06.480 --> 0:09:08.920 better talk a lot faster. You don't want to miss 0:09:08.960 --> 0:09:10.760 what I had to say. I want to break it 0:09:10.800 --> 0:09:12.440 down point by point, and then, like I said, show 0:09:12.480 --> 0:09:15.240 you what the opportunities are for you today to build, 0:09:15.280 --> 0:09:20.120 grow and protect your wealth as this entire pendulum was saying. 0:09:20.120 --> 0:09:22.640 As the pendulum swings back, So we've got a lot 0:09:22.640 --> 0:09:24.280 more to cover. You don't want to miss it. You're 0:09:24.280 --> 0:09:26.600 listening to the Markmas Show. We're back in a minute 0:09:26.720 --> 0:09:29.920 with more. Don't go away, all right, welcome back. You 0:09:29.920 --> 0:09:32.280 are listening to the Mark Ma Show. We're talking about 0:09:32.920 --> 0:09:35.079 the decentralized revolution. Each and every week, of course that 0:09:35.280 --> 0:09:36.840 we talk about we look at it through the lens 0:09:36.840 --> 0:09:41.800 of politics, finance, and technology. Now today we are talking 0:09:41.800 --> 0:09:44.840 about specifically really digging into this, and we always do 0:09:44.880 --> 0:09:46.680 every week, but I want to look through a couple 0:09:46.720 --> 0:09:48.400 of sign posts that we can see that shows us 0:09:48.440 --> 0:09:51.199 this pendulum is swinging back, and then more specifically talk 0:09:51.240 --> 0:09:55.360 about some opportunities that opens up for us. Um As always, 0:09:55.400 --> 0:09:58.200 I have a very ambitious schedule of things to go through, 0:09:58.240 --> 0:10:00.400 which looks like I probably want Bible to get them. Also, 0:10:00.520 --> 0:10:03.120 let me see if I can whittle some of this down. 0:10:03.160 --> 0:10:06.760 But before the break, I was talking about these top 0:10:06.840 --> 0:10:09.839 down policies that are forcing this, and it all starts 0:10:09.880 --> 0:10:11.840 with the money. That's why the bankers sit at the top, 0:10:12.480 --> 0:10:15.720 and they're pushing these policies down through the money. And 0:10:15.800 --> 0:10:19.200 so now as we get lower, we have asset managers 0:10:19.240 --> 0:10:22.760 like black Rock that are forcing these e s G. 0:10:23.000 --> 0:10:30.120 Environmental social governance mandates through and it's bad. It's scary. Uh, 0:10:30.160 --> 0:10:34.559 it's creating lots of problems. UM not just for shareholders 0:10:34.640 --> 0:10:37.400 because they bought these companies hoping the shares would go 0:10:37.480 --> 0:10:41.920 up in value, but it's bad for everybody because, well 0:10:42.240 --> 0:10:45.000 in my opinion and in a lot of other people's opinions, 0:10:45.040 --> 0:10:48.440 they are working against the best interest of the people 0:10:48.480 --> 0:10:52.320 they're supposed to represent. So UM, as an asset manager, 0:10:52.360 --> 0:10:55.120 you have something called a fidactionary duty. It means you 0:10:55.160 --> 0:10:59.080 have a legal legal obligation to do the best that 0:10:59.160 --> 0:11:03.000 you can for the shareholders, meaning make them the most money. 0:11:03.520 --> 0:11:06.760 But these policies are specifically not doing that, and so 0:11:06.800 --> 0:11:08.840 we're seeing some pushback on this uh or if you've 0:11:08.880 --> 0:11:11.360 been listening to the show every week. If you haven't, 0:11:12.120 --> 0:11:14.120 then what do you do? I don't miss out. Take 0:11:14.160 --> 0:11:17.040 time right now instead of reminder on your app or 0:11:17.040 --> 0:11:18.640 whatever on your calendar to join me each and every 0:11:18.640 --> 0:11:20.920 week at this time this channel. Um. And if you 0:11:20.920 --> 0:11:22.520 do miss some of them, don't worry. Don't worry. You 0:11:22.520 --> 0:11:24.920 can go catch me on the podcast. Just search Mark 0:11:24.960 --> 0:11:28.200 Moss on your favorite podcast player, I Heart the Heart 0:11:28.280 --> 0:11:30.560 the music app or iTunes or whatever. Oh and you 0:11:30.600 --> 0:11:32.360 can also watch me and listen to me at the 0:11:32.400 --> 0:11:35.600 same time on YouTube just search Market Disruptors over there. 0:11:35.640 --> 0:11:37.560 But we've been talking about for the last couple weeks 0:11:37.559 --> 0:11:39.600 some of these signed posts, and one of them was 0:11:39.640 --> 0:11:42.360 that people are now waking up to what black Rock 0:11:42.440 --> 0:11:44.680 is doing pushing these e s G mandates. And we 0:11:44.720 --> 0:11:49.120 talked about how Louisiana became the first state to pull 0:11:49.200 --> 0:11:51.120 their pension funds out. So a lot of people don't 0:11:51.120 --> 0:11:54.280 realize is how did black Rock become the largest asset 0:11:54.320 --> 0:11:57.160 manager in the world where they get all the money, Well, 0:11:57.160 --> 0:12:00.400 it's your money, it's your pensions, it's your or one 0:12:00.440 --> 0:12:04.560 case that they're managing for you. And then they're using 0:12:04.640 --> 0:12:09.480 your own money against your best interests. Hmm. That seems 0:12:09.480 --> 0:12:11.600 like a conflict of interest to me. That doesn't sound 0:12:11.640 --> 0:12:15.280 like a fidictionary duty, does it. A fishary duty is 0:12:15.320 --> 0:12:18.240 to make if you're managing my money, you should be 0:12:18.280 --> 0:12:21.719 making me as much money as you cannot playing politics, 0:12:22.240 --> 0:12:24.400 not playing politics at the cost at a tune of 0:12:24.440 --> 0:12:26.840 cost of me money. And that's exactly what Missouri or 0:12:26.920 --> 0:12:30.720 Louisiana said. Hey, we're you're, you're, you're you're, you've gone woke. 0:12:31.080 --> 0:12:34.160 You're not honoring your fidicciary duty. Um, you're working against 0:12:34.160 --> 0:12:36.400 our best interests, and we are pulling our money. Was 0:12:36.400 --> 0:12:40.760 about a hundred million dollars and that's exactly why. And 0:12:40.840 --> 0:12:45.000 shortly after that we saw South Carolina follow suit UM. 0:12:45.080 --> 0:12:50.760 Then Missouri just decided to follow suit. UM, Utah, Arkansas 0:12:50.920 --> 0:12:55.800 have all followed suit UM. And basically they're saying, Um, 0:12:55.880 --> 0:12:58.720 Missouri latest state to divest from black Rock over e 0:12:59.120 --> 0:13:03.800 s G initiative is quote woke political agenda. They say 0:13:03.800 --> 0:13:06.800 that black Rock is prioritizing it's woke political agenda above 0:13:07.040 --> 0:13:11.280 financial interest for consumers. This is per the Missouri State 0:13:11.280 --> 0:13:16.839 Treasurer Scott Fitzpatrick. Um, so they've pulled their pensions UM 0:13:16.880 --> 0:13:20.319 from black Rock. Now, UM, like I said, this is 0:13:20.360 --> 0:13:24.360 getting bigger and bigger and bigger. They say that quote, 0:13:24.400 --> 0:13:26.000 this is the right thing to do for Missouri state 0:13:26.000 --> 0:13:29.679 employees who rely on the asset manager for their retirement. 0:13:30.480 --> 0:13:34.200 Fidciary duty must remain the top priority for investment managers, 0:13:34.360 --> 0:13:36.840 a duty some of them have abdicated in favor of 0:13:36.840 --> 0:13:39.960 forcing a left wing social and political agenda that has 0:13:40.000 --> 0:13:46.480 failed to succeed legislatively. Publicly traded companies end quote their words, 0:13:46.600 --> 0:13:52.400 not mine. So we've we've we've given them our money. Uh. 0:13:52.480 --> 0:13:55.000 We're hoping that they do the best with our money 0:13:55.000 --> 0:13:57.440 as they can so we can retire one day. But 0:13:57.559 --> 0:14:00.080 they have failed to do that and instead have pushed 0:14:00.400 --> 0:14:04.800 UM their left wing social political agenda. That's what they said. Uh. 0:14:04.880 --> 0:14:06.680 Oh and and and I like to hear how he said, 0:14:06.760 --> 0:14:11.040 UM agenda that's failed to succeed legislatively. So what they're 0:14:11.040 --> 0:14:14.120 saying is, uh, these policies have been tried to be 0:14:14.280 --> 0:14:18.000 forced on us politically, but they've been rejected that people 0:14:18.000 --> 0:14:21.560 don't want them. The voters have said, no, we don't 0:14:21.560 --> 0:14:24.560 want them. So instead of going through the public route 0:14:24.560 --> 0:14:27.480 where we get to vote and have say, they're now 0:14:27.600 --> 0:14:31.720 trying to force them upon you with your own money. 0:14:32.160 --> 0:14:34.640 Let me read it again. He says, the political political 0:14:34.680 --> 0:14:38.160 agenda has failed to succeed legislatively, is now being forced 0:14:38.200 --> 0:14:41.040 on publicly traded companies, that they are taking ownership of 0:14:41.040 --> 0:14:44.960 these publicly trade companies with your money and then doing that. Um, 0:14:45.000 --> 0:14:47.560 he says, goes on, quote, we should not allow us 0:14:47.560 --> 0:14:49.680 at managers such as black Rock, who have demonstrated that 0:14:49.720 --> 0:14:52.600 they will prioritize advancing a will political agenda above the 0:14:52.600 --> 0:14:56.680 financial interests of their customers, to continue speaking on behalf 0:14:56.720 --> 0:15:01.280 of the state of Missouri. End quote again quote it 0:15:01.320 --> 0:15:03.680 is past time that all investors recognize the massive fidciary 0:15:03.720 --> 0:15:06.400 breach that is taking place before our eyes and they 0:15:06.440 --> 0:15:09.440 do something about it. End quote. So look, Um, maybe 0:15:09.440 --> 0:15:13.080 you don't agree with his statement about a woke or 0:15:13.080 --> 0:15:15.920 a left wing social or political agenda. Maybe don't agree 0:15:15.920 --> 0:15:19.320 with it, that's fine. Maybe you like woke left wing 0:15:19.400 --> 0:15:21.840 and that's fine too. Maybe you like right wing or 0:15:21.880 --> 0:15:23.960 whatever you wanna call it. I I hate to even 0:15:24.080 --> 0:15:29.040 use these labels. Um, that's fine. Have whatever political ideologies 0:15:29.120 --> 0:15:32.040 you want. But when it comes to managing my money, 0:15:32.320 --> 0:15:34.680 all you should be thinking about is my money and 0:15:34.720 --> 0:15:37.560 doing the best that you can for my money. Let 0:15:37.720 --> 0:15:41.520 us vote on our politics somewhere else. That's what they're saying, 0:15:41.960 --> 0:15:46.320 So try to take that part out. But this is 0:15:46.440 --> 0:15:49.680 only gaining steam. And so again this is a signpost 0:15:49.840 --> 0:15:52.880 show that the world is pushing back on this. And 0:15:52.960 --> 0:16:01.120 so now we saw this week nineteen states, nineteen states 0:16:01.160 --> 0:16:07.359 attorney generals now have formed a coalition to investigate Blackrock. 0:16:08.520 --> 0:16:12.880 Nineteen states investigate major US banks pushing e s G 0:16:13.160 --> 0:16:18.280 policies quote killing American companies. Now, remember what I said, 0:16:18.440 --> 0:16:21.000 Mark Harney said, if these companies don't comply, they're going 0:16:21.040 --> 0:16:24.280 to be quote economic road kill. That's what he said. 0:16:25.040 --> 0:16:27.120 If companies don't comply with the s U, they'll be 0:16:27.120 --> 0:16:29.400 economic road kill. And that's exactly what this says right here, 0:16:29.680 --> 0:16:34.120 because they're killing American companies. That's the point. You either 0:16:34.160 --> 0:16:36.520 do what we say or we kill you. And that's 0:16:36.520 --> 0:16:39.040 exactly what they're saying. So now here says six major 0:16:39.120 --> 0:16:43.320 US banks were served with civil investigative demands for information 0:16:43.360 --> 0:16:48.640 related to e s G implementation. Nineteen Republican led states 0:16:48.800 --> 0:16:51.440 are launching an investigation to six large US banks that 0:16:51.480 --> 0:16:55.680 will examine their involvement in the United Nations net zero 0:16:55.840 --> 0:17:00.360 Banking Alliance, which they say is quote killing American company 0:17:00.440 --> 0:17:06.560 So again centralization top down. Whose alliance is this? The 0:17:06.640 --> 0:17:10.480 United Nations, the u N. The u N has something 0:17:10.520 --> 0:17:16.560 called net zero Banking Alliance. Why are US banks, which 0:17:16.600 --> 0:17:20.160 is supposed to be a sovereign nation UM looking out 0:17:20.200 --> 0:17:23.719 for the interests of its own people? Why are US 0:17:23.760 --> 0:17:30.040 banks in US States adopting a u N initiative which 0:17:30.080 --> 0:17:34.360 is killing American companies? A good question, that's the question 0:17:34.400 --> 0:17:37.920 they're trying to find out, UM and there so it 0:17:37.920 --> 0:17:40.880 says many of the largest banks are being investigated. Bank 0:17:40.880 --> 0:17:44.160 of America, City Group, Goldman, Sacks, JP, Morgan, Chase, Morgan Stanley, 0:17:44.280 --> 0:17:47.840 and Wells Fargo. We're all served on Wednesday by the 0:17:47.880 --> 0:17:51.160 States with a civil investigator demand, which is basically subpoena 0:17:51.320 --> 0:17:55.879 for requested information. As a signpost this is falling apart, 0:17:55.880 --> 0:17:57.680 it's being pushed back on. You listen to the Marketma show. 0:17:57.720 --> 0:18:00.399 We're talking about the decentralized revolution and how we can 0:18:00.400 --> 0:18:02.119 see it changing. Right now, I'm gonna talk about the 0:18:02.200 --> 0:18:04.960 opportunities UM that come from that. Don't miss this. I'll 0:18:04.960 --> 0:18:07.639 be right back, all right, Welcome back. You are listening 0:18:07.680 --> 0:18:10.640 to the Markma Show. We're talking about the decentralized revolution 0:18:10.640 --> 0:18:12.239 each and every week, and we look at it through 0:18:12.240 --> 0:18:16.640 the lens of politics, finance, and technology, because, as I say, 0:18:16.680 --> 0:18:19.280 it's a process and not an event. So we want 0:18:19.320 --> 0:18:21.800 to see that the process. We're in the middle of 0:18:21.840 --> 0:18:25.199 the process, and the more signposts that we see, the 0:18:25.280 --> 0:18:27.480 more that we know that we're moving through the process, 0:18:27.560 --> 0:18:29.920 the more that we know that we're closer to the 0:18:30.080 --> 0:18:32.239 end of the process, and then what comes after that 0:18:33.000 --> 0:18:35.280 and as it changes, what should we be doing about it? Well, 0:18:35.280 --> 0:18:37.920 that's exactly we're gonna talk about today. UM. A couple 0:18:37.920 --> 0:18:40.919 more signposts that we see that it's happening. UM. We 0:18:40.960 --> 0:18:43.520 talked about these this top down this u N control 0:18:43.520 --> 0:18:46.520 where US banks are adopting these policies of the UN 0:18:46.520 --> 0:18:49.240 that are killing American businesses. Nineteen states in the United 0:18:49.280 --> 0:18:52.280 States have now filed this subpoenas against these banks to 0:18:52.320 --> 0:18:54.439 find out what they're doing here. UM. But we can 0:18:54.480 --> 0:18:56.320 also see, you know, lots and lots of talk about 0:18:56.560 --> 0:19:01.240 going around about the Central bank digital currencies, UM, and 0:19:01.240 --> 0:19:02.840 they're a big deal. There should be a lot of 0:19:02.880 --> 0:19:05.400 talk about them, because it is a very big deal. 0:19:05.440 --> 0:19:07.520 Now I get it. A lot of people are like, well, 0:19:08.040 --> 0:19:11.640 but you know, Mark, all our transactions are digital anyway, right, 0:19:12.160 --> 0:19:15.600 we already have cryptocurrencies, right, what's the big deal? Um? Well, 0:19:15.680 --> 0:19:18.040 the reason why it's the big deal is because yes, 0:19:18.280 --> 0:19:23.199 they are still digital currencies. So I mean, technically, I 0:19:23.200 --> 0:19:26.040 don't really use cash much anymore. I just got back 0:19:26.080 --> 0:19:28.920 from a vocation down deep down in south South Mexico, 0:19:29.320 --> 0:19:32.359 and all they want is cash. Nobody does credit cards 0:19:32.440 --> 0:19:35.240 or debit cards down there. Um. But where I'm here 0:19:35.280 --> 0:19:37.800 in the United States, it's mostly debit cards and credit 0:19:37.840 --> 0:19:40.679 cards and wire transfers and and so forth everywhere. So 0:19:40.680 --> 0:19:43.240 it's it's sort of already digital. The difference with the 0:19:43.280 --> 0:19:47.240 central bank digital currency is that it's programmable money, so 0:19:47.280 --> 0:19:50.200 they can program and in ahead of time that this 0:19:50.240 --> 0:19:53.320 person gets this interust rate, this person gets this indust rate. Um, 0:19:53.400 --> 0:19:55.480 this person gets this money, but he can't spend the 0:19:55.520 --> 0:19:58.400 money on this, this, this right, things like that, and 0:19:58.520 --> 0:20:03.120 it is uh, it's it's the ultimate tool for surveillance 0:20:03.440 --> 0:20:07.080 and control, the ultimate tool for survance control, which is 0:20:07.119 --> 0:20:11.280 why a lot of lawmakers, legislators, and governors in the 0:20:11.359 --> 0:20:14.320 United States are pushing back on this, but of course 0:20:14.600 --> 0:20:17.199 this is a top down thing. This is what the 0:20:18.080 --> 0:20:21.879 i am F International Monetary Fund once, this is what China, 0:20:21.960 --> 0:20:24.080 of course is the first one to roll theirs out. 0:20:24.640 --> 0:20:28.440 Of course it's China complements their social credit score system perfectly. 0:20:29.560 --> 0:20:31.760 But there's lots of talk of the United States rulling 0:20:31.760 --> 0:20:34.760 out their own Central Bank Digital Currency or c b DC, 0:20:35.160 --> 0:20:36.960 And of course why wouldn't they write, the dollar is 0:20:37.000 --> 0:20:40.200 the reserve currency of the entire world, so of course 0:20:41.040 --> 0:20:43.800 it makes sense they should roll one out. The difference 0:20:43.920 --> 0:20:48.600 is that in China it's communist. Now I don't understand this, 0:20:48.680 --> 0:20:51.080 but if I say that, I say it on YouTube, 0:20:51.359 --> 0:20:53.399 and people say, how could you say that China is 0:20:53.400 --> 0:20:57.960 not communists? And it's like they're literally controlled by the CCP. 0:20:58.720 --> 0:21:03.560 That's the party that's in our the communist the Chinese 0:21:03.640 --> 0:21:07.639 Communist parties. It literally has it in their name. So 0:21:07.800 --> 0:21:09.800 I don't get that part. But anyway, of course, in 0:21:09.920 --> 0:21:13.040 China they roll it out quickly. It's communist. The United States, 0:21:13.680 --> 0:21:16.000 we're supposed to be the land of the free, We're 0:21:16.040 --> 0:21:18.879 supposed to not have things that control us. But it's 0:21:18.880 --> 0:21:21.119 supposed to have freedom. We're supposed to supposed to have 0:21:21.160 --> 0:21:24.840 a say in these types of things. UM. And so 0:21:25.080 --> 0:21:27.440 there's a lot of pushback going to this. We saw here. 0:21:27.480 --> 0:21:31.359 FED Governor Waller is skeptical of CBDCs, says he's not 0:21:31.400 --> 0:21:33.680 a big fan of the Fed issuing a digital dollar. 0:21:34.800 --> 0:21:37.080 And while some people are saying, but but it's just 0:21:37.080 --> 0:21:39.760 just like a checking account of the Federal Reserve, right, 0:21:39.800 --> 0:21:42.880 it's just like that. UM. The problem is it's not 0:21:43.040 --> 0:21:47.520 it's not just that UM. They went on. He went 0:21:47.520 --> 0:21:49.960