1 00:00:00,240 --> 00:00:02,280 Speaker 1: Hello, and welcome back to another episode of the Mark 2 00:00:02,320 --> 00:00:05,560 Speaker 1: Mas Show, or where we're talking about to the decentralized Revolution, 3 00:00:05,640 --> 00:00:07,720 Speaker 1: of course, each and every week, talking about the way 4 00:00:07,760 --> 00:00:11,240 Speaker 1: the world is changing, breaking apart from a unipolar world 5 00:00:11,240 --> 00:00:14,560 Speaker 1: and going to a multipolar world, a world of globalism 6 00:00:14,720 --> 00:00:17,880 Speaker 1: and globalization, to a world of decentralization. And of course 7 00:00:17,880 --> 00:00:21,040 Speaker 1: we can see that happening right before our very eyes, 8 00:00:21,200 --> 00:00:23,840 Speaker 1: and we look at it through the lens of politics, finance, 9 00:00:24,000 --> 00:00:27,360 Speaker 1: and technology. Of course, that technology is bitcoin that's disrupting 10 00:00:27,400 --> 00:00:29,000 Speaker 1: and changing the world, and we want to look at 11 00:00:29,000 --> 00:00:31,160 Speaker 1: it through the lens of those three things so that 12 00:00:31,200 --> 00:00:33,960 Speaker 1: you can bring these things into context to understand what 13 00:00:34,040 --> 00:00:36,559 Speaker 1: is going on now. You know, I like to bring 14 00:00:36,640 --> 00:00:39,839 Speaker 1: to you some big discussion, some education so it can 15 00:00:39,920 --> 00:00:41,960 Speaker 1: change the way you think, some of the latest breaking 16 00:00:42,000 --> 00:00:43,920 Speaker 1: news so you can keep up with what is going 17 00:00:43,920 --> 00:00:45,640 Speaker 1: on in the world. That way, you know, when you 18 00:00:45,640 --> 00:00:47,400 Speaker 1: go to the cocktail party this weekend, you look like 19 00:00:47,440 --> 00:00:50,360 Speaker 1: you're pretty smart. And then of course some interesting guests, 20 00:00:50,400 --> 00:00:52,040 Speaker 1: so you don't have to hear me talk all the time. 21 00:00:52,080 --> 00:00:53,360 Speaker 1: But you know, I want to go through some of 22 00:00:53,400 --> 00:00:56,639 Speaker 1: the biggest headlines of the week that really show what 23 00:00:56,800 --> 00:00:59,720 Speaker 1: is going on. So we're going to talk about another big, 24 00:00:59,760 --> 00:01:03,360 Speaker 1: big coin company that went down and is your bitcoin 25 00:01:03,400 --> 00:01:05,520 Speaker 1: at risk. We're going to talk about what happened with 26 00:01:05,560 --> 00:01:09,160 Speaker 1: the Pentagon budget and the Russia Ukraine War. We're going 27 00:01:09,240 --> 00:01:12,319 Speaker 1: to talk about the FED pausing rates, what's happening with 28 00:01:12,360 --> 00:01:14,679 Speaker 1: the economy recession, and we're going to talk about the 29 00:01:14,680 --> 00:01:18,600 Speaker 1: political fight that's happening right now as it relates to censorship, 30 00:01:18,920 --> 00:01:22,160 Speaker 1: your freedom, and so much more. But just digging in 31 00:01:22,240 --> 00:01:24,679 Speaker 1: back to you know, a big company, big bitcoin company 32 00:01:24,720 --> 00:01:28,160 Speaker 1: going down, and this company is Prime Trust. Now a 33 00:01:28,160 --> 00:01:30,640 Speaker 1: lot of you probably haven't heard of Prime Trust, and 34 00:01:30,680 --> 00:01:34,360 Speaker 1: that's okay. It's because it's not really a retail facing company. 35 00:01:34,400 --> 00:01:37,360 Speaker 1: It's not one that you would typically interact with. But 36 00:01:37,440 --> 00:01:40,280 Speaker 1: that doesn't mean that you're safe. They are a big 37 00:01:40,280 --> 00:01:43,880 Speaker 1: company that's behind a lot of the big players. So 38 00:01:44,240 --> 00:01:46,840 Speaker 1: a lot of these smaller retail facing companies that you 39 00:01:46,920 --> 00:01:51,600 Speaker 1: might see and understand, use Prime Trust on their back 40 00:01:51,680 --> 00:01:55,400 Speaker 1: end to facilitate their bitcoin transactions and also to custody 41 00:01:55,480 --> 00:01:58,400 Speaker 1: it to hold it. Now, you know, I pound the 42 00:01:58,400 --> 00:02:02,160 Speaker 1: table all the time on do not leave your bitcoin 43 00:02:02,280 --> 00:02:08,120 Speaker 1: on exchanges. One of the big revolutionary aspects of bitcoin 44 00:02:08,320 --> 00:02:11,119 Speaker 1: is that for the first time in history, we can 45 00:02:11,680 --> 00:02:14,120 Speaker 1: take custody of our own assets and we can hold 46 00:02:14,120 --> 00:02:16,560 Speaker 1: them in a way that can't be taken from us 47 00:02:16,960 --> 00:02:20,200 Speaker 1: because it's because of cryptography, and so that's one of 48 00:02:20,240 --> 00:02:22,360 Speaker 1: the big features. So you should take. 49 00:02:22,240 --> 00:02:23,240 Speaker 2: Advantage of that. 50 00:02:23,560 --> 00:02:25,200 Speaker 1: A lot of people still come into it thinking it's 51 00:02:25,280 --> 00:02:26,959 Speaker 1: like a bank account, and I'll just leave it with 52 00:02:27,000 --> 00:02:31,280 Speaker 1: a bank account, but it's not, and unfortunately people are 53 00:02:31,280 --> 00:02:33,280 Speaker 1: having to continue to learn the hard way over and 54 00:02:33,320 --> 00:02:35,160 Speaker 1: over and over, and I feel bad for them. So 55 00:02:35,520 --> 00:02:37,480 Speaker 1: don't leave it on exchanges. But if you had it 56 00:02:37,520 --> 00:02:41,600 Speaker 1: on exchanges, then unfortunately, it could be a problem. Now 57 00:02:41,639 --> 00:02:43,760 Speaker 1: there's a company called Bicco that moved in to try 58 00:02:43,800 --> 00:02:46,600 Speaker 1: to buy prime Trust out. Unfortunately the deal fell through, 59 00:02:47,280 --> 00:02:51,240 Speaker 1: and there's rumors going around that Prime Trust may not 60 00:02:51,440 --> 00:02:55,840 Speaker 1: have the liquidity to get everybody's money back. Now the 61 00:02:55,880 --> 00:02:58,320 Speaker 1: story is getting pretty ugly. We can see Nevada's financial 62 00:02:58,320 --> 00:03:01,040 Speaker 1: institutions issued a cease and DECISI started to Prime Trust, 63 00:03:01,560 --> 00:03:05,680 Speaker 1: halting basically their business, and they're hoping to kind of 64 00:03:05,680 --> 00:03:11,279 Speaker 1: shut things down in order to helpfully get people money back. Unfortunately, 65 00:03:11,440 --> 00:03:12,880 Speaker 1: we don't know how it's going to shake out. Yet, 66 00:03:12,960 --> 00:03:15,840 Speaker 1: I'm not going to make any guesses and assumptions. If 67 00:03:15,840 --> 00:03:17,520 Speaker 1: I had to make a guess an assumption, I think 68 00:03:17,520 --> 00:03:19,840 Speaker 1: it's probably gonna turn out better than what happened with 69 00:03:20,000 --> 00:03:21,560 Speaker 1: you know, some of the other ones that went down, 70 00:03:21,639 --> 00:03:25,239 Speaker 1: like Celsia's for example, But don't. 71 00:03:25,080 --> 00:03:26,359 Speaker 2: Leave your money on exchanges. 72 00:03:26,360 --> 00:03:29,840 Speaker 1: Now we see another one, Crypto dot Com. I don't know, 73 00:03:30,280 --> 00:03:32,720 Speaker 1: maybe there's you know, where there's smoke, there's fire sort 74 00:03:32,760 --> 00:03:34,800 Speaker 1: of thing, or maybe it's because of their regulations, but 75 00:03:35,240 --> 00:03:40,720 Speaker 1: they are now shutting down their US institutional exchange. They 76 00:03:40,760 --> 00:03:43,560 Speaker 1: say there's a lack of demand, which you know, could 77 00:03:43,560 --> 00:03:46,480 Speaker 1: be the case. It could also be because the US 78 00:03:46,600 --> 00:03:50,680 Speaker 1: regulatory agencies are coming so hard after everybody. They just 79 00:03:50,720 --> 00:03:52,320 Speaker 1: want to get out and get away from all that. 80 00:03:53,120 --> 00:03:55,720 Speaker 1: We don't know. But again, if you don't leave your 81 00:03:55,720 --> 00:03:59,680 Speaker 1: money on exchanges, you're not at risk. Okay, So I'm 82 00:03:59,720 --> 00:04:01,600 Speaker 1: just gonna continue to say that over and over and over. 83 00:04:01,640 --> 00:04:04,680 Speaker 1: Now what do you do with it? Well, there's a 84 00:04:04,680 --> 00:04:06,400 Speaker 1: couple of ways that you can do it, and what 85 00:04:06,440 --> 00:04:08,560 Speaker 1: I would recommend is you put it into what's called 86 00:04:08,720 --> 00:04:11,160 Speaker 1: cold storage. You can buy yourself with something called a 87 00:04:11,240 --> 00:04:16,520 Speaker 1: hardware wallet and those would be like treasor t tr 88 00:04:16,839 --> 00:04:20,520 Speaker 1: ZR could be like Ledger, could be a cold card, 89 00:04:20,920 --> 00:04:23,359 Speaker 1: and you'd buy yourself one of these and then go 90 00:04:23,440 --> 00:04:27,159 Speaker 1: to their website and use their help help section to 91 00:04:27,200 --> 00:04:29,120 Speaker 1: figure out how to set up. It's pretty easy. Looks 92 00:04:29,160 --> 00:04:31,760 Speaker 1: like a little little USB stick. You plug it into 93 00:04:31,760 --> 00:04:34,039 Speaker 1: your computer. It stores your private keys. I'm not gonna 94 00:04:34,080 --> 00:04:36,039 Speaker 1: go super deep into that. I'm sure most of you 95 00:04:36,080 --> 00:04:38,279 Speaker 1: guys listening to this already know this. But buy a 96 00:04:38,279 --> 00:04:41,920 Speaker 1: hardware wallet, store that. Back it up. You're gonna get 97 00:04:41,960 --> 00:04:44,159 Speaker 1: twelve words. That's your seed raise. You want to write 98 00:04:44,160 --> 00:04:47,320 Speaker 1: that down on paper. You do not put that into 99 00:04:47,360 --> 00:04:49,280 Speaker 1: a computer. Don't put it into Google Docs or every 100 00:04:49,320 --> 00:04:51,920 Speaker 1: note or anything like that. Put it onto paper and 101 00:04:52,120 --> 00:04:55,799 Speaker 1: put it somewhere safe in a safe, like a fireproof safe. 102 00:04:55,880 --> 00:04:58,240 Speaker 1: Put it a bank's deposit box, give it to your attorney, 103 00:04:58,240 --> 00:05:01,720 Speaker 1: give it to your parents, put it somewhere that it's safe. 104 00:05:02,200 --> 00:05:03,720 Speaker 1: You could take those twelve words and turn into a 105 00:05:03,720 --> 00:05:06,320 Speaker 1: collage on your wall where every third picture represents the word. 106 00:05:06,440 --> 00:05:08,520 Speaker 1: Something like that. Figure out a way to keep that safe. 107 00:05:08,560 --> 00:05:10,239 Speaker 1: It's like in the old days, if you buried gold 108 00:05:10,240 --> 00:05:12,279 Speaker 1: out in the desert, you'd make a treasure map to 109 00:05:12,320 --> 00:05:14,160 Speaker 1: where the gold was. You don't want to lose that 110 00:05:14,200 --> 00:05:16,320 Speaker 1: treasure map. You don't want the treasure amop to be stolen. 111 00:05:16,440 --> 00:05:17,719 Speaker 1: You don't want to be burned up. You want to 112 00:05:17,720 --> 00:05:20,839 Speaker 1: protect that treasure map. Think of it like that, all right? 113 00:05:21,720 --> 00:05:23,880 Speaker 1: If you want me to do a show breaking that 114 00:05:23,960 --> 00:05:26,840 Speaker 1: down or bring some specialists on, hit me up on 115 00:05:26,880 --> 00:05:27,440 Speaker 1: social media. 116 00:05:27,560 --> 00:05:28,000 Speaker 2: Let me know. 117 00:05:28,320 --> 00:05:31,039 Speaker 1: You can find me on Instagram or Twitter. I'm pretty 118 00:05:31,040 --> 00:05:34,359 Speaker 1: active on both at one Mark Moss and let me 119 00:05:34,400 --> 00:05:35,920 Speaker 1: know say hey, you know I listened to your show. 120 00:05:35,960 --> 00:05:37,440 Speaker 1: I'd love it if you'd bring a guest on or 121 00:05:37,480 --> 00:05:41,559 Speaker 1: going deep on security storage and we'll do that. Also, 122 00:05:41,760 --> 00:05:42,400 Speaker 1: I have an ask. 123 00:05:42,839 --> 00:05:43,520 Speaker 2: I have a favor. 124 00:05:43,839 --> 00:05:46,880 Speaker 1: Hopefully I've earned the ask of a favor. Hopeully I've 125 00:05:46,880 --> 00:05:49,400 Speaker 1: given you enough value, And that ask is, would you 126 00:05:49,480 --> 00:05:53,240 Speaker 1: just please? Would you please on your favorite podcast player 127 00:05:53,279 --> 00:05:55,599 Speaker 1: wherever you're listening to this, or go to iTunes and 128 00:05:55,600 --> 00:05:57,640 Speaker 1: do it for me? Would you please leave me a 129 00:05:57,720 --> 00:06:00,800 Speaker 1: review on the podcast? Leave a rating Hopefully you like it. 130 00:06:00,800 --> 00:06:03,800 Speaker 1: Hopefully it's a good review. Give me some stars, tell 131 00:06:03,800 --> 00:06:05,640 Speaker 1: me you like it, leave a comment. I'd really really 132 00:06:05,680 --> 00:06:08,040 Speaker 1: appreciate that. That way, more people find this show all right. 133 00:06:08,080 --> 00:06:11,839 Speaker 1: Now back to some big news. Blackrock has officially entered 134 00:06:11,920 --> 00:06:15,640 Speaker 1: the space for a spot bitcoin trust. Now I'm not 135 00:06:15,680 --> 00:06:17,080 Speaker 1: a fan of black Rock. I talk about them all 136 00:06:17,080 --> 00:06:20,479 Speaker 1: the time. They're the evil Empire in my opinion, and 137 00:06:20,560 --> 00:06:23,400 Speaker 1: I'm not super happy to get them involved in the 138 00:06:23,400 --> 00:06:26,880 Speaker 1: bitcoin space. That being said, if they open up a 139 00:06:27,040 --> 00:06:31,800 Speaker 1: spot bitcoin ETF, meaning they would actually buy the physical bitcoin, 140 00:06:32,480 --> 00:06:36,000 Speaker 1: then that could be positive, at least for now. It 141 00:06:36,040 --> 00:06:38,520 Speaker 1: could lead to unintended consequences down the road, but it 142 00:06:38,520 --> 00:06:42,400 Speaker 1: could put a massive supply demand imbalance onto the bitcoin 143 00:06:42,440 --> 00:06:44,480 Speaker 1: price and push the price up, which of course we've 144 00:06:44,520 --> 00:06:47,000 Speaker 1: already seen bitcoin jump from about twenty five thousand to 145 00:06:47,080 --> 00:06:50,440 Speaker 1: thirty thousand on the news, so that could be really good. 146 00:06:50,839 --> 00:06:53,480 Speaker 1: We'll see if that opens up. Now the SEC has 147 00:06:53,520 --> 00:06:57,119 Speaker 1: shot down every single bitcoin ETF application for a spot 148 00:06:57,120 --> 00:07:03,600 Speaker 1: bitcoin ETF. However, Blackrock isn't just anybody. Blackrock is basically 149 00:07:03,640 --> 00:07:05,800 Speaker 1: the financial arm of the government, if I'll go that far, 150 00:07:06,520 --> 00:07:09,560 Speaker 1: working on behalf of the FED many times, and the 151 00:07:09,600 --> 00:07:12,720 Speaker 1: FDIC for that matter. And so they're also i think 152 00:07:12,760 --> 00:07:17,320 Speaker 1: five hundred and seventy five approved to one denied five 153 00:07:17,800 --> 00:07:20,160 Speaker 1: to one, pretty good odds pretty good record, and so 154 00:07:21,160 --> 00:07:22,640 Speaker 1: there's a good chance we'll see that in And the 155 00:07:22,680 --> 00:07:27,240 Speaker 1: bigger piece of information comes from a combination of players Citadel, 156 00:07:27,680 --> 00:07:31,680 Speaker 1: Charles Schwab, and Fidelity, some of the largest money asset 157 00:07:31,680 --> 00:07:34,160 Speaker 1: managers in the world, have gotten together and created a 158 00:07:34,320 --> 00:07:38,160 Speaker 1: in exchange called edX markets, and it's backed by Fidelity 159 00:07:38,160 --> 00:07:42,240 Speaker 1: Digital Assets and Charles Schwab, and they launched this US 160 00:07:42,280 --> 00:07:47,000 Speaker 1: exchange that allows people to exchange crypto assets digital assets 161 00:07:47,720 --> 00:07:52,960 Speaker 1: right now bitcoin Ethereum, light cooin, and bitcoin cash. That's 162 00:07:53,000 --> 00:07:56,760 Speaker 1: a pretty big deal because these are the biggest players 163 00:07:56,880 --> 00:07:58,960 Speaker 1: in the space. These aren't just like some little no 164 00:07:59,040 --> 00:08:03,360 Speaker 1: name companies that are setting up overseas, like in China 165 00:08:03,440 --> 00:08:06,000 Speaker 1: or something like that. These are the largest financial companies 166 00:08:06,040 --> 00:08:08,520 Speaker 1: in the United States setting this up now. Right now 167 00:08:08,560 --> 00:08:13,840 Speaker 1: it's geared just towards international investors, not just not retail. 168 00:08:14,120 --> 00:08:16,440 Speaker 1: And then we saw Deutsche Bank, which has around one 169 00:08:16,520 --> 00:08:19,440 Speaker 1: point four trillion dollars in assets. They said that they're 170 00:08:19,480 --> 00:08:22,360 Speaker 1: now seeking permission from German regulators to operate a digital 171 00:08:22,480 --> 00:08:26,960 Speaker 1: asset custody service, which would allow to hold cryptocurrencies as well. 172 00:08:27,640 --> 00:08:30,160 Speaker 1: So we're starting to see like, on one hand, we're 173 00:08:30,160 --> 00:08:32,600 Speaker 1: seeing the heavy hand of the of the sec the 174 00:08:32,679 --> 00:08:36,640 Speaker 1: regulations come down on crypto and basically shut it down, 175 00:08:36,679 --> 00:08:38,720 Speaker 1: and a lot of people are going I knew it. 176 00:08:38,960 --> 00:08:39,640 Speaker 1: I told you. 177 00:08:39,840 --> 00:08:41,559 Speaker 2: The governments are going to make it a legal they're 178 00:08:41,600 --> 00:08:42,320 Speaker 2: going to shut it down. 179 00:08:43,520 --> 00:08:45,680 Speaker 1: But at the same time we're seeing some of the 180 00:08:45,720 --> 00:08:48,880 Speaker 1: biggest players in the financial space moving into it. So 181 00:08:48,920 --> 00:08:53,200 Speaker 1: what's happening, Well, in my opinion, they're clearing the deck. 182 00:08:54,120 --> 00:08:58,559 Speaker 1: They're pushing the price down to allow all these people. 183 00:08:58,280 --> 00:08:58,760 Speaker 2: To come in. 184 00:08:59,040 --> 00:09:01,000 Speaker 1: They're getting rid of the competition, if you will, And 185 00:09:01,040 --> 00:09:03,600 Speaker 1: that's that's the big problem with government. That's the big 186 00:09:03,600 --> 00:09:08,520 Speaker 1: problem with these regulations. Regulations only build modes for the incumbents. 187 00:09:08,800 --> 00:09:12,719 Speaker 1: So the big financial institutions, the black Rocks, the Fidelities, 188 00:09:12,760 --> 00:09:15,160 Speaker 1: the Charles Schwabs, they'll use the heavy hand of the 189 00:09:15,160 --> 00:09:18,880 Speaker 1: government to get rid of the competition, to bring the 190 00:09:18,920 --> 00:09:21,720 Speaker 1: prices down to allow them a good entry. So, in 191 00:09:21,760 --> 00:09:24,880 Speaker 1: my opinion, this doesn't this doesn't add fuel to the 192 00:09:24,880 --> 00:09:26,320 Speaker 1: fire that the government's going to make it legal. As 193 00:09:26,320 --> 00:09:29,000 Speaker 1: a matter of fact, it's the opposite. This means that 194 00:09:29,080 --> 00:09:31,400 Speaker 1: the government is not going to make it illegal. If 195 00:09:31,400 --> 00:09:33,080 Speaker 1: you're just tune in listening to the Mark mass Show 196 00:09:33,080 --> 00:09:35,439 Speaker 1: talking about the decentralized revolution. I'm gonna take a quick break. 197 00:09:35,520 --> 00:09:37,120 Speaker 1: I'm going to be right back with more, So don't 198 00:09:37,120 --> 00:09:41,520 Speaker 1: go away, Hello and welcome back. If you're just tune 199 00:09:41,520 --> 00:09:43,240 Speaker 1: in you're listening to the Mark Moss Show. Of course, 200 00:09:43,280 --> 00:09:45,800 Speaker 1: we're always talking about the decentralized revolution, the way the 201 00:09:45,840 --> 00:09:49,040 Speaker 1: world is breaking apart right before our very eyes as 202 00:09:49,040 --> 00:09:51,319 Speaker 1: we look at it through the lens of politics, finance, 203 00:09:51,400 --> 00:09:53,760 Speaker 1: and technology. And I'm running through some of the latest 204 00:09:53,760 --> 00:09:56,520 Speaker 1: breaking news headlines this week so you can see exactly 205 00:09:56,559 --> 00:09:59,400 Speaker 1: what's been going on with the play by play now, 206 00:09:59,600 --> 00:10:01,640 Speaker 1: you know, I like to look at the three the 207 00:10:01,720 --> 00:10:08,480 Speaker 1: convergence of politics, finance, technology to get this context. And man, 208 00:10:09,600 --> 00:10:11,880 Speaker 1: there is so much going on, you know, looking at 209 00:10:11,920 --> 00:10:14,720 Speaker 1: the world breaking apart. Part of this, you know, this 210 00:10:14,840 --> 00:10:21,160 Speaker 1: move towards globalism, which is this one world government, that's centralization, decentralization, 211 00:10:21,360 --> 00:10:22,920 Speaker 1: which is the revolution we're going in, which is the 212 00:10:22,960 --> 00:10:25,520 Speaker 1: world breaking apart. And of course there's really no better 213 00:10:25,520 --> 00:10:28,120 Speaker 1: way to see this happening right now than really with 214 00:10:28,200 --> 00:10:32,440 Speaker 1: the war in Russia and Ukraine. It's literally a war 215 00:10:32,600 --> 00:10:37,760 Speaker 1: against globalism. Russia is standing alone from the globalists, which 216 00:10:37,800 --> 00:10:41,680 Speaker 1: are the euro Davos ecbre you know, World Economic Forum Group, 217 00:10:43,160 --> 00:10:45,760 Speaker 1: and really Russia and China, right, and you have Russia 218 00:10:45,760 --> 00:10:47,800 Speaker 1: and China which are kind of enemy of my enemy 219 00:10:47,840 --> 00:10:49,920 Speaker 1: is my friend, kind of working together at the same time. 220 00:10:49,960 --> 00:10:51,959 Speaker 1: They don't love each other and they won't get together. 221 00:10:52,000 --> 00:10:55,200 Speaker 1: And really we're seeing this unipolar world being split into three, 222 00:10:55,440 --> 00:10:58,040 Speaker 1: into a tripolar world, and maybe even more than that. 223 00:10:58,559 --> 00:11:01,120 Speaker 1: But you know, this Russia you crane situation is very 224 00:11:01,120 --> 00:11:05,000 Speaker 1: interesting for a lot of reasons, and one of them 225 00:11:06,440 --> 00:11:13,199 Speaker 1: is surprise, surprise, surprise. Again the Pentagon is missing money. 226 00:11:13,320 --> 00:11:17,680 Speaker 1: This time they lost six point two billion dollars for 227 00:11:18,120 --> 00:11:23,120 Speaker 1: Ukraine military aid. Now, in the late eighteen hundreds, there 228 00:11:23,200 --> 00:11:27,720 Speaker 1: was a book written by Bastiat, Frederick Bastiat written it's 229 00:11:27,720 --> 00:11:30,920 Speaker 1: called The Law. Now. It's like a small booklet, as 230 00:11:30,960 --> 00:11:33,200 Speaker 1: some of the best books are. It's like a small book. 231 00:11:33,200 --> 00:11:35,559 Speaker 1: It's sort of like Rothbard's Anatomy of the State, and 232 00:11:35,600 --> 00:11:38,320 Speaker 1: of course, yes, my book the Uncommunist Manifesto. 233 00:11:38,679 --> 00:11:39,439 Speaker 2: It's just a booklet. 234 00:11:39,600 --> 00:11:42,439 Speaker 1: If you can't get your ideas across in a concise 235 00:11:42,480 --> 00:11:44,319 Speaker 1: manner like that, then maybe you don't know him that well. 236 00:11:44,679 --> 00:11:47,920 Speaker 1: But in that book, The Law he calls. He calls 237 00:11:47,960 --> 00:11:51,360 Speaker 1: it comes up with a term called legal plunder, which 238 00:11:51,400 --> 00:11:55,240 Speaker 1: is basically, governments create a way to legally plunder you 239 00:11:55,320 --> 00:11:58,480 Speaker 1: take money from you. And that's basically what war is. 240 00:11:58,640 --> 00:12:02,480 Speaker 1: Julian Nissane, before he was locked up for life without 241 00:12:02,600 --> 00:12:05,960 Speaker 1: any due process, he talked about the Afghanistan war and 242 00:12:06,000 --> 00:12:08,120 Speaker 1: talking about how basically it's a way for them to 243 00:12:08,120 --> 00:12:10,720 Speaker 1: take money from the taxpayers pockets and put it into 244 00:12:10,880 --> 00:12:14,400 Speaker 1: their pockets. You know, in Afghanistan, over two I'm sorry, 245 00:12:14,400 --> 00:12:20,640 Speaker 1: over twenty trillion dollars was spent. Where did it go? Like? 246 00:12:20,720 --> 00:12:25,400 Speaker 1: Who got that money? I mean they gave it to somebody, Well, 247 00:12:25,400 --> 00:12:27,680 Speaker 1: they gave it to themselves, They gave it to the contractors. Right, 248 00:12:28,040 --> 00:12:31,760 Speaker 1: And here we have this Ukraine situation which appears to 249 00:12:31,800 --> 00:12:34,480 Speaker 1: be just another way to funnel lots of money into 250 00:12:34,520 --> 00:12:37,640 Speaker 1: their pockets. Two hundred million dollars so far, I'm sorry, 251 00:12:37,640 --> 00:12:39,800 Speaker 1: two hundred million so far. Six point two million just 252 00:12:39,920 --> 00:12:43,840 Speaker 1: happened to go missing. Now reminds me of when Donald Rumsfeld, 253 00:12:43,880 --> 00:12:49,440 Speaker 1: who was previous head of the Pentagon, on September tenth 254 00:12:49,640 --> 00:12:54,400 Speaker 1: of two thousand and one, the day before the World 255 00:12:54,440 --> 00:12:57,800 Speaker 1: Trade Center was hit by planes on September tenth, the 256 00:12:57,880 --> 00:12:59,880 Speaker 1: day before, he said that the Defense Department couldn't have 257 00:12:59,880 --> 00:13:04,240 Speaker 1: count for two point three trillion dollars. They just lost it. 258 00:13:04,240 --> 00:13:06,439 Speaker 1: They just lost two point three trillion. This is gone, 259 00:13:07,440 --> 00:13:11,520 Speaker 1: and it's happened over and over and over again. It's 260 00:13:11,559 --> 00:13:13,160 Speaker 1: not the first time. It happens over and over again. 261 00:13:13,200 --> 00:13:16,559 Speaker 1: As a matter of fact, we saw November of twenty 262 00:13:16,600 --> 00:13:19,960 Speaker 1: twenty two, I'm sorry again, November twenty twenty two, again 263 00:13:20,120 --> 00:13:23,840 Speaker 1: the Pentagon admitted again that it lost another two trillion dollars, 264 00:13:24,280 --> 00:13:27,840 Speaker 1: just lost two trillion. And then we saw this article 265 00:13:27,880 --> 00:13:32,760 Speaker 1: here that is written says the Pentagon's thirty five trillion 266 00:13:33,080 --> 00:13:38,040 Speaker 1: accounting black hole. Thirty five trillion has gone in and 267 00:13:38,080 --> 00:13:41,199 Speaker 1: we just don't know where it is. Now. What's interesting 268 00:13:41,240 --> 00:13:44,080 Speaker 1: about all of this? And I don't I don't know. 269 00:13:44,120 --> 00:13:46,000 Speaker 1: I don't know if I want to draw all these lines. 270 00:13:46,000 --> 00:13:48,120 Speaker 1: But what's interesting is at the same time when the 271 00:13:48,120 --> 00:13:52,280 Speaker 1: Pentagon lost all this money, there was an attempted coup 272 00:13:52,520 --> 00:13:58,840 Speaker 1: happening in Russia. Now we know that the CIA is, 273 00:13:59,200 --> 00:14:04,320 Speaker 1: you know, actively overthrowing governments everywhere they go, and of 274 00:14:04,360 --> 00:14:06,520 Speaker 1: course they've been very vocal about trying to get rid 275 00:14:06,559 --> 00:14:09,600 Speaker 1: of Putin and overthrow Putin, and it just so happens 276 00:14:09,600 --> 00:14:13,080 Speaker 1: that a few six billion dollars goes missing, and then 277 00:14:13,120 --> 00:14:14,480 Speaker 1: all of a sudden, the coup happens. 278 00:14:14,960 --> 00:14:16,440 Speaker 2: I don't know. Maybe that's interesting. 279 00:14:16,960 --> 00:14:19,760 Speaker 1: And even more interesting is as all that is happening. 280 00:14:22,640 --> 00:14:26,120 Speaker 1: You know, we have all this distraction that comes out, like, 281 00:14:26,960 --> 00:14:29,640 Speaker 1: you know, a submarine. Hey, everyone, look over here at 282 00:14:29,680 --> 00:14:32,640 Speaker 1: the submarine. I was traveling, I was over in Europe, 283 00:14:32,680 --> 00:14:34,400 Speaker 1: and my wife keeps talking about the submarine. I'm like, 284 00:14:34,440 --> 00:14:36,840 Speaker 1: I don't care about this, Like who cares about a submarine? Like, 285 00:14:37,960 --> 00:14:39,240 Speaker 1: I don't care. I don't want to hear it. And 286 00:14:39,280 --> 00:14:40,680 Speaker 1: then I had to stop and think about it. I'm like, 287 00:14:41,760 --> 00:14:44,160 Speaker 1: and I asked her, why are you talking about the submarine? 288 00:14:45,240 --> 00:14:46,920 Speaker 1: She's like, well, it's on the news. I'm like, yeah, 289 00:14:46,920 --> 00:14:50,240 Speaker 1: but why see, you only think about You only talk 290 00:14:50,280 --> 00:14:53,600 Speaker 1: about what they want you to think and talk about. Oh, Mark, 291 00:14:53,680 --> 00:14:56,600 Speaker 1: I see clearly, I'm thinking on my own. No, you're 292 00:14:56,640 --> 00:14:58,960 Speaker 1: thinking about what they want you to think about. Why 293 00:14:59,040 --> 00:15:01,000 Speaker 1: is it that this story of submarine is out there 294 00:15:01,120 --> 00:15:03,000 Speaker 1: when all these other stories aren't out there? 295 00:15:03,600 --> 00:15:04,800 Speaker 2: Now you have to think about that. 296 00:15:05,120 --> 00:15:06,920 Speaker 1: I don't want to get into the whole. I'm not 297 00:15:06,960 --> 00:15:09,000 Speaker 1: gonna I'm not gonna dig deep into the whole what 298 00:15:09,160 --> 00:15:13,000 Speaker 1: happened in Russia with this attempted coup. There's a there's 299 00:15:13,000 --> 00:15:14,920 Speaker 1: a lot of theories that are going on out there, 300 00:15:16,280 --> 00:15:18,600 Speaker 1: and we don't know, we won't know the truth, and 301 00:15:18,640 --> 00:15:22,600 Speaker 1: we'll never know the truth. Some of the theories that 302 00:15:22,640 --> 00:15:25,520 Speaker 1: are being floated is that you know, potentially, you know, 303 00:15:25,600 --> 00:15:29,440 Speaker 1: the Pentagon tried to stage a coup. Other theories are 304 00:15:29,480 --> 00:15:32,000 Speaker 1: that people are just tired of Putin and want to 305 00:15:32,000 --> 00:15:35,400 Speaker 1: get rid of them. Other theories are that it was 306 00:15:35,440 --> 00:15:40,040 Speaker 1: actually all staged in order to get more nationalism for Putin. 307 00:15:40,880 --> 00:15:42,960 Speaker 1: And I don't know the answer, and frankly, I'm not 308 00:15:42,960 --> 00:15:44,200 Speaker 1: going to dig it too because I don't I don't 309 00:15:44,200 --> 00:15:46,800 Speaker 1: really care. But it's just interesting how all of this 310 00:15:47,000 --> 00:15:50,960 Speaker 1: is coming together. At the same time, we can see 311 00:15:51,000 --> 00:15:53,960 Speaker 1: across other parts of Europe. We can see a few 312 00:15:53,960 --> 00:15:56,040 Speaker 1: big things that are happening, one of which back to 313 00:15:56,120 --> 00:16:01,400 Speaker 1: this kind of anti innovation, anti technology that in Europe. 314 00:16:01,560 --> 00:16:05,360 Speaker 1: These lawmakers are now approving what's called the EU European 315 00:16:05,480 --> 00:16:09,680 Speaker 1: AI Act, which would banner limit certain AI applications, including 316 00:16:10,440 --> 00:16:16,640 Speaker 1: predictive policing, social scoring, or anything that could influence elections. 317 00:16:16,680 --> 00:16:17,520 Speaker 2: Pretty interesting. 318 00:16:21,440 --> 00:16:23,000 Speaker 1: One thing I noticed I was just traveling through it 319 00:16:23,120 --> 00:16:26,400 Speaker 1: for a couple of weeks. It is very restrictive over there. 320 00:16:26,440 --> 00:16:29,680 Speaker 1: You basically can't open up any website with like having 321 00:16:29,720 --> 00:16:32,360 Speaker 1: to sign all kinds of disclosures and clear all kinds 322 00:16:32,360 --> 00:16:35,200 Speaker 1: of cookies and give all types of consent. It's kind 323 00:16:35,200 --> 00:16:37,680 Speaker 1: of a pain in the butt. I mean, you're constantly 324 00:16:37,720 --> 00:16:40,200 Speaker 1: having to click things and improve things and ban things. 325 00:16:40,760 --> 00:16:43,840 Speaker 1: It was very difficult. The EU is very heavy handed 326 00:16:43,880 --> 00:16:46,480 Speaker 1: in that way, at least from my experience, and so 327 00:16:46,560 --> 00:16:49,240 Speaker 1: here they want to ban or limit AI applications, which 328 00:16:51,280 --> 00:16:53,680 Speaker 1: I get it. You know, again, I try to lead 329 00:16:53,760 --> 00:17:00,680 Speaker 1: more towards people operating from a good place, like they're 330 00:17:00,720 --> 00:17:03,360 Speaker 1: trying to really do the right thing by protecting people. 331 00:17:04,119 --> 00:17:06,480 Speaker 1: But unfortunately I keep going back to the point that 332 00:17:07,280 --> 00:17:12,720 Speaker 1: regulations are typically used to protect the incumbents. And so 333 00:17:12,800 --> 00:17:15,199 Speaker 1: when I see you know, the sam Altman's of the 334 00:17:15,200 --> 00:17:18,760 Speaker 1: world going before lawmakers and saying we need to ban this, 335 00:17:18,840 --> 00:17:20,840 Speaker 1: we need to put regulations around this, what they're really 336 00:17:20,840 --> 00:17:23,800 Speaker 1: saying is we should be the only company that has 337 00:17:23,880 --> 00:17:27,080 Speaker 1: these tools, and you should basically stop everybody else from 338 00:17:27,080 --> 00:17:28,720 Speaker 1: having it because they don't know what they're doing, and 339 00:17:28,760 --> 00:17:30,800 Speaker 1: it's dangerous and it falls into the wrong hands, it 340 00:17:30,840 --> 00:17:33,159 Speaker 1: could be really, really bad for all of humankind. So 341 00:17:33,880 --> 00:17:35,639 Speaker 1: because of that, you should allow us to be the 342 00:17:35,640 --> 00:17:38,040 Speaker 1: only people that have it. And that seems to be 343 00:17:38,119 --> 00:17:40,920 Speaker 1: what typically is happening, and it seems to be what's 344 00:17:41,080 --> 00:17:44,720 Speaker 1: sort of happening here. You know, a open AI is 345 00:17:44,800 --> 00:17:47,800 Speaker 1: lobbying the EU to water down the air regulations because 346 00:17:47,800 --> 00:17:49,800 Speaker 1: they said it's a little bit too strict. If you 347 00:17:49,880 --> 00:17:52,240 Speaker 1: just water down a little bit, will comply, And then. 348 00:17:52,160 --> 00:17:53,680 Speaker 2: Of course you just keep everybody else out. 349 00:17:54,000 --> 00:17:55,240 Speaker 1: Now, if you're just tune in, you're listening to the 350 00:17:55,240 --> 00:17:57,560 Speaker 1: Mark Mas Show. Of course, we're talking about the decentralized 351 00:17:57,600 --> 00:18:00,520 Speaker 1: revolution and we're seeing it. We're seeing all all these 352 00:18:00,600 --> 00:18:03,160 Speaker 1: nations starting to work in their own best interest, which 353 00:18:03,880 --> 00:18:05,960 Speaker 1: I think is a good thing. It allows for game 354 00:18:06,040 --> 00:18:08,760 Speaker 1: theory to play out, It allows for competition. I got 355 00:18:08,800 --> 00:18:09,919 Speaker 1: a lot more to cover. I want to come back. 356 00:18:09,960 --> 00:18:11,680 Speaker 1: I want to talk about what's happening in the economy 357 00:18:11,680 --> 00:18:13,960 Speaker 1: with the Fed's doing, what you can expect from interest rates, 358 00:18:14,000 --> 00:18:16,200 Speaker 1: what you can expect from the economy, and so much more. 359 00:18:16,240 --> 00:18:18,040 Speaker 1: I'll cover all that more in a minute. Don't go away. 360 00:18:18,160 --> 00:18:20,040 Speaker 2: I'm going to be right back after a quick break. 361 00:18:21,000 --> 00:18:22,520 Speaker 1: All right, welcome back. If you're just tune in, you're 362 00:18:22,520 --> 00:18:24,760 Speaker 1: listening to the Markoms Show. We're talking, of course, each 363 00:18:24,800 --> 00:18:27,440 Speaker 1: and every week about the decentralized revolution. We're running through 364 00:18:27,480 --> 00:18:30,679 Speaker 1: the latest breaking news headlines right now, so you know 365 00:18:30,720 --> 00:18:33,080 Speaker 1: what the heck is happening as you see it play 366 00:18:33,080 --> 00:18:35,120 Speaker 1: by play. Sometimes, you know, people ask me all the time, 367 00:18:35,200 --> 00:18:37,679 Speaker 1: like Mark, you keep saying that you know the pendulum 368 00:18:37,720 --> 00:18:41,240 Speaker 1: is going to swing back and we're moving from from 369 00:18:41,280 --> 00:18:44,800 Speaker 1: centralization to decentralization, But it looks like to me we're 370 00:18:44,800 --> 00:18:48,080 Speaker 1: still moving more towards centralization. And I'm like, well, look 371 00:18:48,200 --> 00:18:50,639 Speaker 1: like you're zoomed in. Like this happens over like a 372 00:18:50,680 --> 00:18:53,320 Speaker 1: two hundred and fifty year arc, so like it happens 373 00:18:53,440 --> 00:18:56,800 Speaker 1: very slowly. So you have to understand the sign posts 374 00:18:56,840 --> 00:18:58,760 Speaker 1: as I like to call them. If I gave you 375 00:18:58,800 --> 00:19:01,600 Speaker 1: directions to my house, but I didn't tell you how 376 00:19:01,600 --> 00:19:03,080 Speaker 1: long it was going to take you. I just said, hey, 377 00:19:03,359 --> 00:19:05,119 Speaker 1: at this sign, make a right. At the end of 378 00:19:05,160 --> 00:19:07,199 Speaker 1: this fence, make a left when you see this, go 379 00:19:07,320 --> 00:19:09,280 Speaker 1: right kind of a thing like that. You don't know 380 00:19:09,280 --> 00:19:12,120 Speaker 1: if it's going to take you thirty minutes or thirty hours, 381 00:19:13,400 --> 00:19:16,240 Speaker 1: but you know you're getting closer when you see the 382 00:19:16,400 --> 00:19:18,399 Speaker 1: sign posts and you're getting down towards the end of 383 00:19:18,400 --> 00:19:20,760 Speaker 1: those directions. And that's kind of where we wrap. When 384 00:19:20,760 --> 00:19:23,199 Speaker 1: you're looking at the world from assoomed in standpoint, it's like, 385 00:19:23,240 --> 00:19:24,439 Speaker 1: what do you mean it's going to centralize? 386 00:19:24,440 --> 00:19:25,800 Speaker 2: It looks like it's getting more centralized. 387 00:19:25,960 --> 00:19:27,399 Speaker 1: Well, that's why we need to. 388 00:19:27,440 --> 00:19:29,160 Speaker 2: Understand the sign posts that are there. 389 00:19:28,960 --> 00:19:32,000 Speaker 1: Because what we're trying to figure out as humans, as investors, 390 00:19:32,040 --> 00:19:34,840 Speaker 1: as fathers, as husbands, as wives, is is anybody trying 391 00:19:34,880 --> 00:19:37,159 Speaker 1: to control our future. We need to understand where the 392 00:19:37,160 --> 00:19:39,680 Speaker 1: world is going, and most importantly, we need to understand 393 00:19:39,720 --> 00:19:43,680 Speaker 1: the direction that things are going. Now, kind of going 394 00:19:43,720 --> 00:19:46,440 Speaker 1: back to the economy, what's going on, Well, we understand 395 00:19:46,480 --> 00:19:48,080 Speaker 1: the FED, the Federal Reserve, the Central Bank of the 396 00:19:48,160 --> 00:19:50,560 Speaker 1: United States, has been on the warpath. They've been raising 397 00:19:50,640 --> 00:19:53,760 Speaker 1: rates at the fastest rate in history, literally taking us 398 00:19:53,760 --> 00:19:57,440 Speaker 1: off from like zero percent to over five percent at 399 00:19:57,440 --> 00:20:00,439 Speaker 1: breakdeck speed, one of the fastest rate increases in history, 400 00:20:00,600 --> 00:20:02,560 Speaker 1: and it's caused all kinds of problems. You know, we 401 00:20:02,760 --> 00:20:05,359 Speaker 1: said they're gonna raise until something breaks. Well, something did break. 402 00:20:05,560 --> 00:20:08,840 Speaker 1: The FED is now broke, the US government, the Treasury 403 00:20:08,920 --> 00:20:11,720 Speaker 1: is broke, the banks are breaking it all. It's all breaking. 404 00:20:12,560 --> 00:20:15,960 Speaker 1: And finally, for the first time, and I think fourteen months, 405 00:20:15,960 --> 00:20:20,200 Speaker 1: the FED decided to pause rate hikes in June. Now, 406 00:20:20,520 --> 00:20:23,919 Speaker 1: a lot of people were expecting this to happen. The 407 00:20:23,960 --> 00:20:27,320 Speaker 1: market sort of expected this, and it's interesting to kind 408 00:20:27,320 --> 00:20:29,280 Speaker 1: of see Jerome Powell, the head of the Federal Reserve, 409 00:20:29,320 --> 00:20:31,919 Speaker 1: sort of dance around this and they're asking them, so, 410 00:20:32,600 --> 00:20:36,160 Speaker 1: are you done? Are you pausing raising rates? Are you 411 00:20:36,520 --> 00:20:39,359 Speaker 1: gonna lower rates? Like what are you doing? And he said, no, 412 00:20:39,600 --> 00:20:45,080 Speaker 1: we're not doing either. We're just gonna skip. Like, what 413 00:20:45,119 --> 00:20:47,280 Speaker 1: the heck does that mean? We're just gonna skip right. 414 00:20:48,680 --> 00:20:53,080 Speaker 1: But what's interesting is as they paused the rate hikes. Now, 415 00:20:53,440 --> 00:20:57,600 Speaker 1: I want to mention that I believe that anytime the 416 00:20:57,640 --> 00:21:02,359 Speaker 1: FED has paused on raising rates rates, they've never resumed 417 00:21:02,400 --> 00:21:05,480 Speaker 1: and gone back to raising rates. Now, just because they 418 00:21:05,480 --> 00:21:07,520 Speaker 1: haven't done it before, it doesn't mean they can't do it, 419 00:21:07,600 --> 00:21:11,760 Speaker 1: so they certainly can, but they've never paused and gone 420 00:21:11,800 --> 00:21:14,479 Speaker 1: back to raising rates. The consensus, what the markets are 421 00:21:14,480 --> 00:21:17,359 Speaker 1: betting on is that the lower rates. That would be 422 00:21:17,359 --> 00:21:20,320 Speaker 1: the pivot lower rates going into the end of this year. 423 00:21:20,440 --> 00:21:22,879 Speaker 1: So we'll see what happens. But as they've paused for 424 00:21:22,960 --> 00:21:25,240 Speaker 1: now are skipping hiss drone power calls it we see 425 00:21:25,280 --> 00:21:29,879 Speaker 1: banks of Australia and Canada actually continue to increase rates. 426 00:21:32,000 --> 00:21:36,840 Speaker 1: On that US treasuries went up again. Investors saw increased 427 00:21:36,840 --> 00:21:39,119 Speaker 1: likelihood of another twenty five basis point hike in the 428 00:21:39,160 --> 00:21:43,040 Speaker 1: cards for the FED next week, so it looks like 429 00:21:43,240 --> 00:21:46,080 Speaker 1: maybe the markets are saying that there might be a 430 00:21:46,160 --> 00:21:49,160 Speaker 1: rate increase next week. The Bank of England surprise investors 431 00:21:49,160 --> 00:21:51,439 Speaker 1: with a fifty basis point hike to their market rate 432 00:21:51,520 --> 00:21:55,280 Speaker 1: yesterday because they're having massive inflation going on over there 433 00:21:55,280 --> 00:21:59,520 Speaker 1: and it is not coming down now. The market didn't 434 00:21:59,520 --> 00:22:02,280 Speaker 1: expect five point five percent peak of rates to be reached, 435 00:22:04,320 --> 00:22:08,239 Speaker 1: but here we are. The market seems to be holding off. 436 00:22:08,240 --> 00:22:10,719 Speaker 1: It's almost like the markets, when I talk about the markets, 437 00:22:10,760 --> 00:22:14,400 Speaker 1: the stock markets right are like calling the fed's bluff. 438 00:22:14,920 --> 00:22:17,520 Speaker 1: It's like we know that we should you want us 439 00:22:17,520 --> 00:22:20,240 Speaker 1: to come down, but we know that you're gonna pivot, 440 00:22:20,440 --> 00:22:22,040 Speaker 1: and so it's like this game of chicken, who's going 441 00:22:22,080 --> 00:22:24,560 Speaker 1: to blink first? Are the markets going to come down 442 00:22:24,640 --> 00:22:26,560 Speaker 1: or is the FED going to lower rates? And it's 443 00:22:26,560 --> 00:22:29,520 Speaker 1: like we're we're in this Mexican standoff, if you will. Now, 444 00:22:29,560 --> 00:22:32,520 Speaker 1: the FMOC, the FED, the FED meeting released new economic 445 00:22:32,560 --> 00:22:37,080 Speaker 1: projections and they expect growth for twenty three, twenty four, 446 00:22:37,080 --> 00:22:41,160 Speaker 1: and twenty five now slightly come down a little bit, 447 00:22:42,080 --> 00:22:47,400 Speaker 1: but the markets have been resilient. Can they pull off 448 00:22:47,480 --> 00:22:52,600 Speaker 1: the hypothetical the magic soft landing? My vote still says 449 00:22:52,800 --> 00:22:55,800 Speaker 1: probably no, but we'll we'll wait and see what happens 450 00:22:55,840 --> 00:22:59,159 Speaker 1: with that. Now, Janet Yellen, who's the head of the 451 00:22:59,280 --> 00:23:04,840 Speaker 1: US Treasury, the Treasury Secretary, she's finally come out and conceded. 452 00:23:05,119 --> 00:23:07,840 Speaker 1: And this is very rare, right, Typically you don't see 453 00:23:07,960 --> 00:23:11,520 Speaker 1: politicians coming out and admitting they were wrong, stating they 454 00:23:11,560 --> 00:23:13,440 Speaker 1: got it wrong or something like that. But yet here 455 00:23:13,480 --> 00:23:16,840 Speaker 1: she is conceding that she was on the wrong path, 456 00:23:17,200 --> 00:23:19,400 Speaker 1: she was wrong about the path that inflation would take, 457 00:23:20,000 --> 00:23:23,720 Speaker 1: that she failed to anticipate how long and how high 458 00:23:23,760 --> 00:23:29,960 Speaker 1: inflation would continue to plague American consumers, which is pretty ridiculous. 459 00:23:30,680 --> 00:23:34,920 Speaker 1: Little old me reporting here to you on radio stations 460 00:23:34,920 --> 00:23:40,880 Speaker 1: and podcasts, I knew it. I told you, many other 461 00:23:40,920 --> 00:23:44,280 Speaker 1: people told you. I don't have two hundred fifty PhDs 462 00:23:44,320 --> 00:23:47,880 Speaker 1: working for me like she does. And she got it wrong. Now, 463 00:23:47,880 --> 00:23:49,240 Speaker 1: how did I know that we were going to have 464 00:23:49,280 --> 00:23:52,040 Speaker 1: it and she didn't. Well, it's because she's a Kensian 465 00:23:52,240 --> 00:23:55,159 Speaker 1: economist and I believe more in what. 466 00:23:55,040 --> 00:23:56,440 Speaker 2: You'd consider an Austrian view. 467 00:23:57,160 --> 00:24:00,880 Speaker 1: So when you increase the money supply by fifty percent, 468 00:24:01,960 --> 00:24:05,040 Speaker 1: you have more money chasing the same amount of goods 469 00:24:05,040 --> 00:24:07,560 Speaker 1: and services, or, in this case, because of the shutdowns, 470 00:24:07,640 --> 00:24:11,960 Speaker 1: chasing less goods and services that pushes prices up. Now, 471 00:24:12,920 --> 00:24:14,760 Speaker 1: all of that extra money that was created and pushed 472 00:24:14,800 --> 00:24:18,439 Speaker 1: into the system is still there. They've never sucked it 473 00:24:18,480 --> 00:24:21,440 Speaker 1: back out the fed. The government's budget went from four 474 00:24:21,560 --> 00:24:25,440 Speaker 1: trillion a year ballpark numbers four trillionaire to six trillion. 475 00:24:25,880 --> 00:24:29,200 Speaker 1: That's a fifty percent increase in the amount of money 476 00:24:29,240 --> 00:24:32,119 Speaker 1: that the government spends every single year. It didn't go down. 477 00:24:32,520 --> 00:24:35,280 Speaker 1: Remember the budget that was sealing debate that just happened 478 00:24:35,520 --> 00:24:37,399 Speaker 1: when they were trying to decide how much money the 479 00:24:37,440 --> 00:24:40,560 Speaker 1: government could spend, and the Republicans tried to get just 480 00:24:40,600 --> 00:24:42,800 Speaker 1: a little bit of cuts and Biden' said no deal. 481 00:24:44,400 --> 00:24:47,840 Speaker 1: They didn't go back to the spending, back to four trillion. 482 00:24:48,480 --> 00:24:51,080 Speaker 1: The new number of six trillion is now baked in. 483 00:24:51,480 --> 00:24:53,400 Speaker 1: So when you start, when you go from spending four 484 00:24:53,400 --> 00:24:56,000 Speaker 1: trillion aear to fifty percent more spending six trillion a year, 485 00:24:56,400 --> 00:24:59,280 Speaker 1: that's more money going into the system, chasing less goods 486 00:24:59,320 --> 00:25:02,360 Speaker 1: and service get price increases. The only way to get 487 00:25:02,359 --> 00:25:04,080 Speaker 1: that out is to get that money back out of 488 00:25:04,080 --> 00:25:06,800 Speaker 1: the system. You need to bring spending back to four trillion, 489 00:25:07,080 --> 00:25:08,720 Speaker 1: and you need to get that excess money out of 490 00:25:08,720 --> 00:25:10,760 Speaker 1: the system. But they're not doing that, so of course 491 00:25:10,800 --> 00:25:12,440 Speaker 1: we still have inflation. The other thing to keep in 492 00:25:12,480 --> 00:25:16,160 Speaker 1: mind about inflation is that it's it compounds on itself. 493 00:25:16,240 --> 00:25:18,440 Speaker 1: So what does that mean when you're going up at 494 00:25:18,720 --> 00:25:22,359 Speaker 1: four or five, six eight percent per year? So we 495 00:25:22,440 --> 00:25:24,200 Speaker 1: went as from I think we're at nine point one 496 00:25:24,240 --> 00:25:26,359 Speaker 1: as a high. Now we're down in the in four 497 00:25:26,400 --> 00:25:31,560 Speaker 1: and a half percent range. That's still adding four percent 498 00:25:32,359 --> 00:25:34,920 Speaker 1: to the new high number that was set because of 499 00:25:34,960 --> 00:25:38,720 Speaker 1: the nine percent, So it's not like we went back 500 00:25:38,760 --> 00:25:42,480 Speaker 1: to where we were. We're still going up from that 501 00:25:42,640 --> 00:25:46,359 Speaker 1: new elevated position. We're just going up at a slower rate. 502 00:25:47,000 --> 00:25:51,359 Speaker 1: Does that make sense? Now? The CPI Consumer Price Index 503 00:25:51,400 --> 00:25:53,760 Speaker 1: increased only zero point one percent for the month and 504 00:25:53,800 --> 00:25:55,960 Speaker 1: four percent from a year ago. But part of that's 505 00:25:56,000 --> 00:25:59,560 Speaker 1: because they changed the way they calculate CPI. I told 506 00:25:59,560 --> 00:26:01,240 Speaker 1: you this in January. Well, I made a video on 507 00:26:01,240 --> 00:26:03,399 Speaker 1: my main YouTube channel, Mark Moss. If you're not following me, 508 00:26:03,480 --> 00:26:05,480 Speaker 1: check it out Mark Moss. I do videos on there 509 00:26:05,520 --> 00:26:07,600 Speaker 1: with whiteboards and I have charts and graphs and I 510 00:26:07,640 --> 00:26:09,600 Speaker 1: kind of explain all this out. So follow me on 511 00:26:09,640 --> 00:26:12,720 Speaker 1: Mark Moss. Also, while i'm at it, you can follow 512 00:26:12,720 --> 00:26:14,320 Speaker 1: me on social media. Hit me up on Twitter at 513 00:26:14,359 --> 00:26:17,240 Speaker 1: one Mark Moss. I'm pretty active there too active. Probably 514 00:26:17,640 --> 00:26:19,640 Speaker 1: hit me up there. Let me know you're listening. And 515 00:26:19,720 --> 00:26:22,040 Speaker 1: if I could just ask one small favor, please, please please, 516 00:26:23,000 --> 00:26:25,280 Speaker 1: just on your favorite podcast app wherever you're listening to me, 517 00:26:25,520 --> 00:26:27,800 Speaker 1: just would you just hit the likeend review button. I'm sorry, 518 00:26:27,880 --> 00:26:29,679 Speaker 1: just the review and stars or give me some stars 519 00:26:29,680 --> 00:26:30,199 Speaker 1: if you like it. 520 00:26:30,320 --> 00:26:33,199 Speaker 2: Hopefully you do. That really mean a lot to me. 521 00:26:34,880 --> 00:26:36,560 Speaker 1: But the Consumer Price Index one up four percent from 522 00:26:36,600 --> 00:26:37,600 Speaker 1: a year ago. But I told you that was going 523 00:26:37,640 --> 00:26:39,919 Speaker 1: to happen in January because they changed the way they 524 00:26:40,040 --> 00:26:44,360 Speaker 1: calculate the CPI number, and so they have typically gone 525 00:26:44,400 --> 00:26:47,280 Speaker 1: from a two year comp to a one year comp 526 00:26:47,800 --> 00:26:50,440 Speaker 1: and so if you if you measure from the high 527 00:26:50,440 --> 00:26:53,880 Speaker 1: water mark of last year at nine point one, then 528 00:26:54,000 --> 00:26:57,760 Speaker 1: all of a sudden, well, surprise, surprise, it came down. 529 00:26:58,440 --> 00:27:00,920 Speaker 1: So I told you that, So, okay, we're four percent. Yeah, 530 00:27:00,960 --> 00:27:02,399 Speaker 1: of course we are, because you changed the way you 531 00:27:02,480 --> 00:27:04,679 Speaker 1: calculate that. That's nothing new. They've changed the way they 532 00:27:04,720 --> 00:27:07,920 Speaker 1: calculate the CPI many many times over the last couple decades. 533 00:27:09,359 --> 00:27:12,760 Speaker 1: There's something called shadow Stats, which actually still continues to 534 00:27:12,800 --> 00:27:15,880 Speaker 1: track CPI the way they used to originally. I haven't 535 00:27:15,880 --> 00:27:18,240 Speaker 1: looked at it recently, but when they told us that 536 00:27:18,240 --> 00:27:21,080 Speaker 1: that inflation was like five six percent, shadow stats is like, no, no, 537 00:27:21,119 --> 00:27:25,480 Speaker 1: it's like fifteen percent. And you know that, how much 538 00:27:25,520 --> 00:27:29,080 Speaker 1: has gasoline gone up? How much has steak and milk 539 00:27:29,119 --> 00:27:32,439 Speaker 1: and eggs and butter gone up? Everything has gone up 540 00:27:32,480 --> 00:27:35,719 Speaker 1: by at least fifty percent now some less are more 541 00:27:35,800 --> 00:27:38,320 Speaker 1: or less, And it's no different Europe. I just got 542 00:27:38,320 --> 00:27:40,040 Speaker 1: back from a few weeks in Europe, and the same 543 00:27:40,040 --> 00:27:43,520 Speaker 1: thing over there. They're running through crazy sky high prices 544 00:27:43,560 --> 00:27:46,919 Speaker 1: as well. And it's all because of the increased money supply, 545 00:27:47,040 --> 00:27:50,679 Speaker 1: the increased spending. Until that comes down, this is the 546 00:27:50,720 --> 00:27:52,560 Speaker 1: new norm. If you just tune in, you're listening to 547 00:27:52,600 --> 00:27:55,560 Speaker 1: the Mark Mas Show talking about the latest breaking news headlines. 548 00:27:55,600 --> 00:27:57,200 Speaker 1: This week, I got to come back with a whole 549 00:27:57,240 --> 00:27:59,600 Speaker 1: lot more to cover, so don't go away. I'll be 550 00:27:59,680 --> 00:28:03,200 Speaker 1: right back, all right, Welcome back. If you're just tune 551 00:28:03,200 --> 00:28:04,840 Speaker 1: in and you're listening to the Mark mass Show, we're 552 00:28:04,880 --> 00:28:07,600 Speaker 1: talking about, of course, the decentralized revolution each every week, 553 00:28:07,600 --> 00:28:09,520 Speaker 1: but we're running through some of the latest breaking news 554 00:28:09,600 --> 00:28:12,800 Speaker 1: headlines so you can understand what is going on now. 555 00:28:13,119 --> 00:28:16,879 Speaker 1: One of the things that's really driving this decentralized revolution 556 00:28:17,280 --> 00:28:21,480 Speaker 1: is actually the same thing that's driven every revolution. Really, 557 00:28:21,480 --> 00:28:24,520 Speaker 1: it's the thing that's driven every change. Then you go 558 00:28:24,600 --> 00:28:28,840 Speaker 1: back through history, and that's technology. It's always technology that 559 00:28:28,960 --> 00:28:31,159 Speaker 1: changes the world because it changes the way that we communicate, 560 00:28:31,240 --> 00:28:35,440 Speaker 1: organize and things like that. And you know, if we 561 00:28:35,520 --> 00:28:38,040 Speaker 1: go back five hundred years ago, it was an invention 562 00:28:38,160 --> 00:28:41,719 Speaker 1: called the printing press that changed the world. Going from 563 00:28:41,760 --> 00:28:43,760 Speaker 1: a very centralized world where the church and state kind 564 00:28:43,800 --> 00:28:48,080 Speaker 1: of controlled everything, and then the printing press gave out bibles, 565 00:28:48,080 --> 00:28:50,480 Speaker 1: gave out information. Everybody had that information directly and they 566 00:28:50,480 --> 00:28:54,040 Speaker 1: know no longer depended on the manipulated stance that they 567 00:28:54,040 --> 00:28:56,320 Speaker 1: got from the centralized authorities and they went into this 568 00:28:56,360 --> 00:28:59,000 Speaker 1: decentralized world. And we're witnessing the same thing today with 569 00:28:59,040 --> 00:29:01,720 Speaker 1: the Internet. And the Internet now allows us to all 570 00:29:01,760 --> 00:29:05,400 Speaker 1: have information directly, and it allows us to have so 571 00:29:05,480 --> 00:29:08,400 Speaker 1: much more information. It allows us to find truth faster. 572 00:29:08,720 --> 00:29:11,600 Speaker 1: Now that might sound shocking to you because you're constantly 573 00:29:11,680 --> 00:29:15,320 Speaker 1: being told that it's misinformation, misinformation, malinformation, all these things. 574 00:29:16,880 --> 00:29:21,000 Speaker 1: But the thing is is that the truth is found 575 00:29:21,560 --> 00:29:23,880 Speaker 1: through open, honest debate. 576 00:29:24,480 --> 00:29:25,640 Speaker 2: That's how the truth is found. 577 00:29:26,520 --> 00:29:28,760 Speaker 1: We need to look at all the information, we need 578 00:29:28,760 --> 00:29:30,400 Speaker 1: to compare it against each other, and we have to 579 00:29:30,440 --> 00:29:33,080 Speaker 1: find the truth. And so it can only be found 580 00:29:33,640 --> 00:29:38,280 Speaker 1: in the open. It can't be found in the dark. 581 00:29:38,520 --> 00:29:42,480 Speaker 1: It can't be You can't find truth if you're only 582 00:29:42,520 --> 00:29:44,239 Speaker 1: told one thing and you're not allowed to question it 583 00:29:44,360 --> 00:29:46,520 Speaker 1: or discuss it or look at the other side of it. 584 00:29:48,280 --> 00:29:51,400 Speaker 1: But the Internet has allowed us to automatically do that. 585 00:29:51,520 --> 00:29:54,360 Speaker 1: It happens to me all the time. I consider myself 586 00:29:54,440 --> 00:29:56,480 Speaker 1: pretty well read. I mean, it's my job to stay 587 00:29:56,520 --> 00:29:59,120 Speaker 1: on top of all these things. I understand things from 588 00:29:59,160 --> 00:30:01,520 Speaker 1: a lot of different angles, and a lot of times 589 00:30:01,560 --> 00:30:03,160 Speaker 1: I might see something on Twitter and I'll see someone 590 00:30:03,160 --> 00:30:04,160 Speaker 1: post something, I'm like, oh. 591 00:30:04,040 --> 00:30:06,080 Speaker 2: Man, that's good. I didn't really think about that. That's 592 00:30:06,400 --> 00:30:07,920 Speaker 2: that's right. Wow, I like that. 593 00:30:08,040 --> 00:30:11,120 Speaker 1: And then I'll read the comments and then I'm like, 594 00:30:11,200 --> 00:30:12,320 Speaker 1: oh my gosh, I didn't think about that. 595 00:30:12,320 --> 00:30:13,080 Speaker 2: I didn't think about that. 596 00:30:13,400 --> 00:30:15,479 Speaker 1: A lot of times I'll see people post something that 597 00:30:15,560 --> 00:30:19,000 Speaker 1: looks very shocking or outlandish or whatever, and then I'll 598 00:30:19,080 --> 00:30:21,479 Speaker 1: just immed it go to the comments, and like people 599 00:30:21,520 --> 00:30:25,880 Speaker 1: can disprove stuff so fast, and that's exactly what's happened 600 00:30:25,920 --> 00:30:27,760 Speaker 1: with the Internet. So we had I think it was 601 00:30:28,840 --> 00:30:31,600 Speaker 1: Walter Kronkite was like the head of the news, you know, 602 00:30:31,960 --> 00:30:35,000 Speaker 1: when I was a kid kind of growing up, and 603 00:30:35,400 --> 00:30:38,240 Speaker 1: I think it was called kronkite gait, and it's when 604 00:30:38,520 --> 00:30:41,000 Speaker 1: he said something wrong and people fact checked him and 605 00:30:41,200 --> 00:30:43,160 Speaker 1: he was proven to be wrong and he lost trust 606 00:30:44,120 --> 00:30:44,800 Speaker 1: and that was kind. 607 00:30:44,680 --> 00:30:45,920 Speaker 2: Of the beginning of the end of his career. 608 00:30:46,360 --> 00:30:49,360 Speaker 1: And now with the Internet, everyone can fact check so fast, 609 00:30:49,920 --> 00:30:52,040 Speaker 1: and that's exactly what happens. I see someone post something 610 00:30:53,920 --> 00:30:58,120 Speaker 1: I've seen people posting about. Bill Gates has been working 611 00:30:58,200 --> 00:31:02,840 Speaker 1: with a company that's been releasing thesemo genetically modified mosquitos 612 00:31:03,040 --> 00:31:08,960 Speaker 1: all through Florida and Texas. That's fact. And then there's 613 00:31:09,080 --> 00:31:12,160 Speaker 1: articles saying that now, for the first time in like 614 00:31:12,240 --> 00:31:17,240 Speaker 1: thirty years, we have malaria in Texas and Florida. And 615 00:31:17,720 --> 00:31:19,719 Speaker 1: I'm not telling you if that's true or not. I 616 00:31:19,720 --> 00:31:22,240 Speaker 1: haven't done enough research, but I saw someone post that, 617 00:31:22,720 --> 00:31:24,880 Speaker 1: so then I just go right to the comments, and 618 00:31:24,960 --> 00:31:26,560 Speaker 1: like all of a sudden, people are like, wait a minute, 619 00:31:26,560 --> 00:31:28,760 Speaker 1: there's cases of malaria here, there's cases of malario here, 620 00:31:29,000 --> 00:31:31,160 Speaker 1: and so like instantly, it ef fact checks everything. So 621 00:31:31,920 --> 00:31:37,600 Speaker 1: the truth is found through open dialogue, which is exactly 622 00:31:37,640 --> 00:31:39,440 Speaker 1: why they want to censor you and take away your 623 00:31:39,440 --> 00:31:42,000 Speaker 1: ability to have open dialogue. They don't want you to 624 00:31:42,080 --> 00:31:47,800 Speaker 1: find the truth. For example, RFK, junior presidential candidate I believe, 625 00:31:47,880 --> 00:31:52,000 Speaker 1: nephew of JFK, went on the Joe Rogan Show, had 626 00:31:52,040 --> 00:31:55,360 Speaker 1: like a three hour conversation. I haven't had a chance 627 00:31:55,400 --> 00:31:56,680 Speaker 1: to listen to it yet. I've seen a bunch of 628 00:31:56,680 --> 00:31:58,560 Speaker 1: clips from it, but he talked about a bunch of 629 00:31:58,640 --> 00:32:01,280 Speaker 1: subjects in some of which happened to be you know, 630 00:32:01,360 --> 00:32:06,600 Speaker 1: the COVID, the vaccine, all those things. Now, a doctor 631 00:32:06,760 --> 00:32:11,480 Speaker 1: who's a mouthpiece for mainstream media, Hotez went on and said, oh, 632 00:32:11,520 --> 00:32:15,280 Speaker 1: he's they're right wing extremists and they're Nazis and they're 633 00:32:15,320 --> 00:32:19,880 Speaker 1: spreading misinformation and all these things. Meanwhile, he's the one 634 00:32:20,200 --> 00:32:25,120 Speaker 1: that's documented going on all the mainstream channels, MSNBC, CNN, ABC, 635 00:32:25,360 --> 00:32:29,200 Speaker 1: all the mainstream channels talking about the vaccine has been 636 00:32:29,200 --> 00:32:31,040 Speaker 1: proven to be safe and effective, the vaccine, that all 637 00:32:31,080 --> 00:32:33,720 Speaker 1: these things, and all of the things he said, the fact, 638 00:32:33,720 --> 00:32:35,320 Speaker 1: you know, you won't spread it to other people if 639 00:32:35,320 --> 00:32:37,200 Speaker 1: you take the fact all these things, all these things 640 00:32:37,240 --> 00:32:39,360 Speaker 1: he said have been proven to be wrong. They've all, 641 00:32:39,800 --> 00:32:41,920 Speaker 1: I don't want to say all many of the things 642 00:32:41,920 --> 00:32:44,200 Speaker 1: that he went on mainstream media and said have now 643 00:32:44,240 --> 00:32:47,760 Speaker 1: been proven to be wrong. He was the one spreading misinformation. 644 00:32:49,360 --> 00:32:54,200 Speaker 1: Now he's saying that RFK and Joe Rogan are doing 645 00:32:54,200 --> 00:32:56,920 Speaker 1: this and they should be shut down. People are calling 646 00:32:57,040 --> 00:33:01,680 Speaker 1: for Spotify to shut down Joe Rogan. Now, they can't 647 00:33:02,040 --> 00:33:05,480 Speaker 1: say that what they're saying is wrong. They can't say 648 00:33:05,520 --> 00:33:08,520 Speaker 1: what they're saying is inaccurate. What they're saying is they're 649 00:33:08,560 --> 00:33:10,680 Speaker 1: right wing extremists. What they're saying is their Nazis. What 650 00:33:10,720 --> 00:33:14,400 Speaker 1: they're saying is they should be censored. Now, Joe Rogan said, hey, 651 00:33:14,640 --> 00:33:17,160 Speaker 1: then fine, you come on and let's talk about it. 652 00:33:17,840 --> 00:33:20,560 Speaker 1: Let's I'll have you on n RFK. Let's find out 653 00:33:20,600 --> 00:33:24,120 Speaker 1: what the truth is. Both you guys talk and of 654 00:33:24,120 --> 00:33:26,520 Speaker 1: course he won't do it. He won't do it. And 655 00:33:26,560 --> 00:33:29,600 Speaker 1: now you have these other mouthpieces saying they should never 656 00:33:29,640 --> 00:33:32,280 Speaker 1: have a debate, they should never do this. He would 657 00:33:32,280 --> 00:33:33,280 Speaker 1: be wrong to go on debate. 658 00:33:33,680 --> 00:33:34,040 Speaker 2: Why. 659 00:33:34,640 --> 00:33:39,320 Speaker 1: That's how the truth is found, not by censoring the 660 00:33:39,360 --> 00:33:42,800 Speaker 1: saying that I like is. You don't prove a man 661 00:33:42,880 --> 00:33:46,520 Speaker 1: wrong by ripping out his tongue. You only prove that 662 00:33:46,560 --> 00:33:50,040 Speaker 1: you have something to hide. So if you're right, if 663 00:33:50,080 --> 00:33:52,000 Speaker 1: you have truth on your side, then you should be 664 00:33:52,040 --> 00:33:54,920 Speaker 1: willing to go and discuss that. But by not even 665 00:33:54,960 --> 00:33:57,560 Speaker 1: be willing to debate it, by not even be willing 666 00:33:57,560 --> 00:34:01,400 Speaker 1: to talk about any of the facts, by only resorting 667 00:34:01,400 --> 00:34:04,800 Speaker 1: to add hominium attacks, only resorting to calling them stupid 668 00:34:04,840 --> 00:34:07,720 Speaker 1: or fat or ugly or nazi like, you can't you're 669 00:34:07,720 --> 00:34:11,959 Speaker 1: trying to discredit the person, but you can't discredit the ideas. Now, 670 00:34:12,800 --> 00:34:15,799 Speaker 1: it's important to understand that because more and more and 671 00:34:15,840 --> 00:34:18,439 Speaker 1: more we're seeing this. Now, let's talk about the Hunter 672 00:34:18,440 --> 00:34:22,919 Speaker 1: Biden thing. The Hunter Biden thing, we know that the 673 00:34:22,960 --> 00:34:27,319 Speaker 1: FBI now knew about the laptop in twenty nineteen. In 674 00:34:27,320 --> 00:34:30,680 Speaker 1: twenty nineteen, the FBI knew about the laptop. Okay, then 675 00:34:30,719 --> 00:34:33,320 Speaker 1: when it came out and it could affect the election, 676 00:34:33,640 --> 00:34:36,440 Speaker 1: what happened, Well, they said anybody that posted about it 677 00:34:36,520 --> 00:34:39,880 Speaker 1: was spreading misinformation, and they literally got their accounts banned. 678 00:34:40,280 --> 00:34:42,320 Speaker 1: If you talked about it on YouTube or on Twitter, 679 00:34:42,520 --> 00:34:47,600 Speaker 1: boom instantly. Even people retweeting stuff were instantly banned. We're 680 00:34:47,600 --> 00:34:53,439 Speaker 1: talking about politicians. Accounts were banned because they were spreading misinformation. 681 00:34:53,760 --> 00:34:57,239 Speaker 1: Then the Biden administration got a letter and I think 682 00:34:57,239 --> 00:35:02,080 Speaker 1: it was like fifty intelligence CIA people signed the letter. 683 00:35:02,200 --> 00:35:05,400 Speaker 1: Fifty of them signed the letter saying that the laptop 684 00:35:05,520 --> 00:35:08,719 Speaker 1: was not his. But that was all. 685 00:35:08,480 --> 00:35:12,600 Speaker 2: Done with the FBI knowing that it was. 686 00:35:12,880 --> 00:35:16,359 Speaker 1: It was real, So who's the one spreading the misinformation? 687 00:35:17,760 --> 00:35:20,400 Speaker 1: They knew it was real, and yet they continue to 688 00:35:20,400 --> 00:35:24,279 Speaker 1: lie to you. They even put a letter together that 689 00:35:24,480 --> 00:35:28,120 Speaker 1: was a lie. But anyone who talked about it was 690 00:35:28,120 --> 00:35:32,719 Speaker 1: spreading misinformation. You see, if they could have proven it 691 00:35:32,760 --> 00:35:35,280 Speaker 1: wasn't his, they would have just done that. You don't 692 00:35:35,360 --> 00:35:37,520 Speaker 1: have to resort to censoring people if you have truth 693 00:35:37,560 --> 00:35:40,799 Speaker 1: on your side. If I'm laying in bed at night, 694 00:35:41,120 --> 00:35:43,680 Speaker 1: my wife's next to me, and I'm texting somebody, and 695 00:35:43,719 --> 00:35:45,920 Speaker 1: my wife says, hey, who are you texting this. 696 00:35:45,920 --> 00:35:47,919 Speaker 2: Late at night? And I'm like, oh, nobody, nobody, don't 697 00:35:47,920 --> 00:35:48,480 Speaker 2: worry about it. 698 00:35:49,040 --> 00:35:51,880 Speaker 1: All of a sudden, she's like left to let her 699 00:35:51,920 --> 00:35:53,000 Speaker 1: imagination run wild. 700 00:35:53,000 --> 00:35:55,399 Speaker 2: Who's he talking to? Why doesn't he want to tell me? Right? 701 00:35:55,640 --> 00:35:58,360 Speaker 1: And now, now all these things happen. And if I 702 00:35:58,400 --> 00:35:59,960 Speaker 1: just said, oh, it's my mom, she's playing your birth 703 00:36:00,000 --> 00:36:01,600 Speaker 1: third part of this week, and I showed her my phone, 704 00:36:01,719 --> 00:36:05,640 Speaker 1: then she's fine. Right, So the truth is found. Trust 705 00:36:05,800 --> 00:36:10,719 Speaker 1: is established through transparency, through open honest communication and dialogue, 706 00:36:11,280 --> 00:36:14,640 Speaker 1: not hiding, not sensoring. If I said I told my wife, hey, 707 00:36:14,800 --> 00:36:15,960 Speaker 1: don't worry about it, you're just stupid. 708 00:36:15,960 --> 00:36:16,800 Speaker 2: You wouldn't understand. 709 00:36:16,800 --> 00:36:19,440 Speaker 1: I mean, there's no way to do it. But that's 710 00:36:19,719 --> 00:36:25,440 Speaker 1: effectively what's going on here. And you know, RFK is 711 00:36:25,600 --> 00:36:28,160 Speaker 1: crushing the polls. As a matter of fact, he's he's 712 00:36:28,200 --> 00:36:31,040 Speaker 1: pulling way higher than any other other candidates right now 713 00:36:31,960 --> 00:36:36,000 Speaker 1: because he's willing to go on have an open, honest discussion, 714 00:36:36,080 --> 00:36:38,080 Speaker 1: and he's even willing to go debate anybody you. 715 00:36:38,080 --> 00:36:39,440 Speaker 2: Think Biden's going to show up to a debate. 716 00:36:39,920 --> 00:36:43,320 Speaker 1: Imagine Biden showing up to a debate with RFK Junior. 717 00:36:43,360 --> 00:36:45,600 Speaker 1: It would never happen. He wouldn't even know how to 718 00:36:45,640 --> 00:36:49,520 Speaker 1: find it. Going back to my European vacation, it's funny, 719 00:36:49,560 --> 00:36:51,960 Speaker 1: you know, talking to all these different drivers and people 720 00:36:51,960 --> 00:36:54,640 Speaker 1: that tour guides and stuff that I talked to. I 721 00:36:55,160 --> 00:36:57,360 Speaker 1: asked a bunch of them, what do you think about Biden? 722 00:36:58,520 --> 00:37:01,000 Speaker 1: I'm just curious what your view is of our president, 723 00:37:01,120 --> 00:37:03,839 Speaker 1: And like every single one of them just laughs. They 724 00:37:03,840 --> 00:37:05,200 Speaker 1: didn't want to say, they didn't want to offend me, 725 00:37:05,239 --> 00:37:07,719 Speaker 1: you know, but they would laugh. They all know he 726 00:37:07,840 --> 00:37:10,399 Speaker 1: can't find his way out of a paper bag. But yet, 727 00:37:10,440 --> 00:37:12,279 Speaker 1: if we just censor enough people, we don't have to 728 00:37:12,280 --> 00:37:13,879 Speaker 1: worry about that. If you're just tuning in, you're listening 729 00:37:13,960 --> 00:37:17,160 Speaker 1: to the Mark Mass Show explaining to you the decentralized 730 00:37:17,200 --> 00:37:19,799 Speaker 1: Revolution as we break down the latest news headlines of 731 00:37:19,840 --> 00:37:24,399 Speaker 1: the week. That's a lot, that's what we got. I'd 732 00:37:24,440 --> 00:37:25,719 Speaker 1: love to if you hit me up on social media 733 00:37:25,760 --> 00:37:27,400 Speaker 1: at one Mark Moss let me know you're listening to 734 00:37:27,400 --> 00:37:29,600 Speaker 1: the show, and yes, please please please just give me 735 00:37:29,640 --> 00:37:32,000 Speaker 1: a review on the podcast, I would be eternally grateful 736 00:37:32,080 --> 00:37:33,319 Speaker 1: for you, and that's what I got. 737 00:37:33,360 --> 00:37:34,879 Speaker 2: Thanks so much for listening. Until next time,