WEBVTT - Exposing Operation Choke Point 2.0 and Government's Financial Weaponization Tactics 0:00:00.120 --> 0:00:02.840 Hello, and welcome to another episode of The Mark Moss Show, 0:00:02.840 --> 0:00:04.520 where of course we talk about each and every week 0:00:04.720 --> 0:00:07.320 the decentralized Revolution, talking about the way the world is 0:00:07.400 --> 0:00:11.920 changing right before our very eyes, going from a centrally planned, 0:00:12.080 --> 0:00:16.680 centrally managed world of globalization to a decentralized world where 0:00:16.680 --> 0:00:18.599 every nation is sort of out for themselves. And of 0:00:18.640 --> 0:00:21.159 course when that happens, the way that we communicate, the 0:00:21.160 --> 0:00:24.479 way that we transact all changes, and so we're charting that. 0:00:24.600 --> 0:00:26.840 And you know, I talk about this each and every week, 0:00:26.840 --> 0:00:28.600 and we talked about the signposts that are happening, so 0:00:28.640 --> 0:00:30.680 we can see what's happening, we can understand what we 0:00:30.720 --> 0:00:32.880 need to be doing to protect ourselves and manage ourselves 0:00:32.880 --> 0:00:36.959 through this. And some of these signposts that we see 0:00:37.000 --> 0:00:39.720 are more subtle, right, And it's like lots of people 0:00:39.760 --> 0:00:41.599 ask me, you know on social media, which, by the way, 0:00:41.600 --> 0:00:43.640 if you're not following on social media, should check it out. 0:00:43.760 --> 0:00:45.839 It's just at one Mark Moss. It's the number one 0:00:45.880 --> 0:00:48.440 Mark Moss. But you know, a post of thing talking 0:00:48.479 --> 0:00:51.600 about the pendulum swinging back and how you know globalization 0:00:51.680 --> 0:00:53.800 is ending, and people like Mark, what are you talking about? 0:00:54.280 --> 0:00:56.080 I don't see that happening at all. It seems like 0:00:56.080 --> 0:00:58.960 the world's getting more centralized. So a lot of these 0:00:59.000 --> 0:01:02.200 signs are more subtle. But what we've seen going on 0:01:02.400 --> 0:01:07.440 this last week, maybe last two weeks, is really accelerating. 0:01:07.440 --> 0:01:09.280 It's really accelerating a lot. And so I'm gonna talk 0:01:09.319 --> 0:01:12.240 about that. We're gonna talk about the death of the dollar. 0:01:12.280 --> 0:01:13.800 We're gonna talk about the death of the dollar. Is 0:01:13.800 --> 0:01:17.959 it greatly exaggerated? Is it really happening right now? We're 0:01:17.959 --> 0:01:19.280 gonna talk about that. I'm gonna go and do some 0:01:19.440 --> 0:01:23.440 historical context so you can really understand how this works, 0:01:23.800 --> 0:01:26.920 why this works. Then we're gonna talk about actually what's 0:01:26.920 --> 0:01:29.240 been happening in the last two weeks, d dollarization, how 0:01:29.280 --> 0:01:31.600 our trading partners training against us. Then we're gonna jump 0:01:31.600 --> 0:01:34.160 into what's been backing the dollar for the last fifty 0:01:34.240 --> 0:01:37.480 years and how that is just literally changed right before 0:01:37.480 --> 0:01:39.119 ever eyes. And then ultimately I want to go down 0:01:39.160 --> 0:01:40.959 to like what does all this mean? And why do 0:01:41.000 --> 0:01:43.080 you care? Why should you even pay attention to this? 0:01:43.240 --> 0:01:45.520 What does it mean to you? What should you be 0:01:45.640 --> 0:01:48.320 watching and what should you be doing with this information? 0:01:48.320 --> 0:01:50.640 If anything at all? So I wanna talk about all 0:01:50.680 --> 0:01:52.680 of that. We got a big show coming up. I'm 0:01:52.680 --> 0:01:54.160 gonna have to talk pretty fast year because I've got 0:01:54.200 --> 0:01:56.720 a lot of ground to cover, So we'll go through 0:01:56.720 --> 0:01:58.520 this pretty quickly. But like I said, this is a 0:01:58.560 --> 0:02:00.560 big show and it's a big topic, something that you 0:02:00.560 --> 0:02:02.480 should be concerned with. Now. I want to go back 0:02:03.080 --> 0:02:05.400 into a little bit of historical narrative with you for 0:02:05.480 --> 0:02:09.200 a minute first, And the reason why is because you 0:02:09.240 --> 0:02:11.519 need to kind of understand this from a first principle's level. 0:02:11.520 --> 0:02:15.760 You have to understand this from its most basic concepts. 0:02:15.800 --> 0:02:18.359 You can learn to build and formulate your own ideas 0:02:18.360 --> 0:02:21.000 on top of this, all right, And so the first 0:02:21.000 --> 0:02:24.959 thing you have to understand is that we don't want money. 0:02:25.120 --> 0:02:27.640 We don't care about money. What we want is the 0:02:27.680 --> 0:02:31.560 things that money buys us. And ultimately, money is just 0:02:31.960 --> 0:02:35.040 a way to store our value, to store our labor 0:02:35.120 --> 0:02:37.400 or energy until such a time that we're ready to 0:02:37.600 --> 0:02:39.799 use that. So what we really want is we want 0:02:39.800 --> 0:02:41.280 a new house, a new car, We want to go 0:02:41.280 --> 0:02:43.760 out to dinner, want to want vacation, and money is 0:02:43.760 --> 0:02:47.440 just what allows me to exchange for those things. So 0:02:47.520 --> 0:02:49.639 I don't care if it's a dollar or a rupee 0:02:49.720 --> 0:02:52.320 or a wand, or a gold coin or a bitcoin. 0:02:52.400 --> 0:02:54.720 I don't care about any of that as long as 0:02:54.840 --> 0:02:57.200 what I'm storing my wealth in will continue to buy 0:02:57.200 --> 0:03:00.000 me more goods and service in the future. It's important 0:03:00.120 --> 0:03:03.120 understand that distinction because as we start talking about the 0:03:03.120 --> 0:03:06.079 way that the dollar is changing and different currencies that 0:03:06.120 --> 0:03:08.600 are being used, it's important understand it's only really a 0:03:08.639 --> 0:03:11.080 medium of exchange. You can also be used as a 0:03:11.080 --> 0:03:12.840 store of value as well, but we use lots of 0:03:12.840 --> 0:03:15.560 things to store of value. Now, it's important understand that. 0:03:15.720 --> 0:03:17.359 Another thing I want to talk about, just real quick, 0:03:17.440 --> 0:03:19.160 is a little bit of a history lessons. You can 0:03:19.240 --> 0:03:24.600 understand the way this works. So it's all of economics 0:03:24.720 --> 0:03:27.000 is actually super simple, and I know that a lot 0:03:27.040 --> 0:03:28.600 of people talk about it make it a complex I 0:03:28.639 --> 0:03:31.200 do as well, because it is a complex topic, but 0:03:31.240 --> 0:03:35.160 at the same time it's very simple. Economics always works 0:03:35.160 --> 0:03:39.040 off of the law of scarcity, the supply and demand. 0:03:39.320 --> 0:03:44.040 So if there were if there's more demand then there 0:03:44.160 --> 0:03:47.320 is supply, the price goes up, and the vice versa 0:03:47.400 --> 0:03:50.840 is also true. So for example, if there were five 0:03:50.960 --> 0:03:56.320 houses for sale but only one buyer, the price of 0:03:56.360 --> 0:03:59.320 those homes would have to come down because those home 0:03:59.360 --> 0:04:02.280 sellers are competing for the one buyer. If the opposite 0:04:02.280 --> 0:04:05.400 were true, if there were five buyers but only one 0:04:05.480 --> 0:04:07.840 house for sale, the price of the home would go 0:04:07.920 --> 0:04:10.400 up as those five buyers would now compete for the 0:04:10.440 --> 0:04:12.840 one single house supply and demands. So the reason why 0:04:12.840 --> 0:04:15.880 it's important understand that is because as the supply of 0:04:16.080 --> 0:04:19.320 money increases, which is actually the definition of inflation. If 0:04:19.320 --> 0:04:21.479 you think about inflation, if I was going to inflate 0:04:21.680 --> 0:04:25.000 a balloon, I'm increasing the volume of air. So if 0:04:25.000 --> 0:04:28.479 you inflate the money, you're increasing the volume, You're increasing 0:04:28.480 --> 0:04:30.920 the amount of money. And the problem is is as 0:04:30.960 --> 0:04:34.840 you create more money, that new larger supply money is 0:04:34.880 --> 0:04:38.080 trying to compete or chase the same amount of goods. 0:04:38.160 --> 0:04:40.719 So more demand than there are supply, the price of 0:04:40.760 --> 0:04:43.760 goods goes up. Obviously, now it's important to understand that 0:04:43.800 --> 0:04:46.120 so you can understand in context what's exactly happening in 0:04:46.120 --> 0:04:48.880 the world today with the supply of money, but more importantly, 0:04:48.920 --> 0:04:51.520 with the supply or i should say, the prices of everything. 0:04:51.560 --> 0:04:53.719 And let's go back into a little bit of historical narrative, 0:04:53.880 --> 0:04:56.599 so you can understand this real quick. So if you 0:04:56.600 --> 0:05:01.800 think back to the stories of the of the Roman Empire, 0:05:01.920 --> 0:05:04.960 the greatest empire, the greatest country in history of the world, 0:05:04.960 --> 0:05:08.520 the world's ever known. It covered the entire known world 0:05:08.560 --> 0:05:10.920 at the time. The problem is is as it continue 0:05:10.960 --> 0:05:14.480 to expand that empire, it became very expensive sound familiar. 0:05:15.120 --> 0:05:17.680 And as they continue to expand and to build and 0:05:18.120 --> 0:05:20.480 gain new territory, they had to protect that new territories. 0:05:20.520 --> 0:05:22.159 They had to build outposts, they had to put troops 0:05:22.160 --> 0:05:24.120 out there to defend that. And now they had all 0:05:24.160 --> 0:05:25.600 these people that they took over, so they had to 0:05:25.640 --> 0:05:27.480 give them food and all these things. It became very, 0:05:27.600 --> 0:05:30.440 very expensive to do that. The problem is is that 0:05:30.520 --> 0:05:33.559 at the time silver was money. Their silver coin was money, 0:05:33.920 --> 0:05:36.440 and they needed more money to afford to expand the 0:05:36.440 --> 0:05:38.400 empire to me and to hang on and maintain the 0:05:38.400 --> 0:05:40.600 empire that they had. And so how do they get 0:05:40.640 --> 0:05:42.840 more money. They couldn't just go get a bunch more 0:05:42.880 --> 0:05:44.480 silver out of the ground. So what they did is 0:05:44.480 --> 0:05:46.440 they had this great idea, what we'll do is we'll 0:05:46.440 --> 0:05:48.240 just make our coin. Instead of one hundred percents over, 0:05:48.320 --> 0:05:51.640 we'll make it ninety percents over and by doing that, 0:05:51.680 --> 0:05:53.520 we can increase the amount of money we have by 0:05:53.520 --> 0:05:56.800 ten percent. And so they did, and that worked pretty good. 0:05:56.839 --> 0:05:58.560 So let's do it again, and let's make it eighty 0:05:58.560 --> 0:06:00.960 percents over, and then seventy percents over, and then fifty 0:06:01.000 --> 0:06:05.240 percent over, and then twenty percent over. Over two hundred years, 0:06:05.279 --> 0:06:10.160 they debased the currency by ninety percent. That allowed their 0:06:10.200 --> 0:06:11.920 money supplied to increase. But the problem is it led 0:06:11.960 --> 0:06:16.919 to massive price inflation, and eventually their currency was worthless 0:06:17.000 --> 0:06:19.880 and the Roman Empire fell apart. You know the story, right, 0:06:20.000 --> 0:06:22.520 Roman empires around anymore. And that's why. Now what it 0:06:22.520 --> 0:06:24.840 took the Roman Empire two hundred years to do, the 0:06:24.920 --> 0:06:28.000 United States has managed to do that in only ninety years. 0:06:28.040 --> 0:06:30.480 Say hold my beer, right, we'll see what we can 0:06:30.520 --> 0:06:32.520 do there. Now, I want to bring your attention back 0:06:32.520 --> 0:06:35.520 to one of the historical historical story that's kind of 0:06:35.520 --> 0:06:37.640 recently kind of come back up, and I was reading 0:06:37.680 --> 0:06:40.880 about it, which is the early days of the United 0:06:40.880 --> 0:06:43.480 States in a very similar type of story. In seventeen 0:06:43.560 --> 0:06:48.279 seventy five, during the you know, during the revolutionary period, 0:06:49.120 --> 0:06:52.679 the government needed money in a war. You need money 0:06:52.920 --> 0:06:57.080 typically sounds sounds about right, okay, So in seventeen seventy five, 0:06:58.120 --> 0:07:01.919 Continental Congress at the time issue two million dollars in 0:07:01.960 --> 0:07:06.120 paper money to be created. By the end of seventeen 0:07:06.200 --> 0:07:09.200 seventy six, one year later, twenty five million was in 0:07:09.240 --> 0:07:12.080 circulation from two to twenty five. But what that did 0:07:12.240 --> 0:07:14.480 is then that money, that paper money, which used to 0:07:14.480 --> 0:07:16.880 be redeemable one for one for the silver coins, was 0:07:16.960 --> 0:07:21.120 now at a thirty percent discount relative to silver. So 0:07:21.320 --> 0:07:23.120 because they went from two million to twenty five million 0:07:23.160 --> 0:07:25.680 in circulation, they inflated the money supply. Now it bought 0:07:25.720 --> 0:07:29.120 them thirty percent less silver less goods. One year later, 0:07:29.120 --> 0:07:32.360 by the end of seventy seven, they now had thirty 0:07:32.360 --> 0:07:34.840 eight million in circulation and now was trading at a 0:07:35.000 --> 0:07:39.040 seventy percent discount relative to silver. By the end of 0:07:39.080 --> 0:07:42.520 seventeen seventy nine, which was now four years later, there 0:07:42.600 --> 0:07:46.160 was a hundred and ninety two million in circulation, and 0:07:46.240 --> 0:07:49.880 now the one dollar in paper money was worth only 0:07:49.920 --> 0:07:55.800 about one cents of silver. Now, all this money creation 0:07:56.520 --> 0:07:59.240 made it worth less money, just like their own empire 0:07:59.280 --> 0:08:03.080 and just like we're today now. Was important to love 0:08:03.120 --> 0:08:05.560 the thing at one point, said George Washington, who was 0:08:05.600 --> 0:08:08.680 the commander of the Continent Army remarked that a wagon 0:08:08.720 --> 0:08:13.160 load of money wouldn't buy a wagon load of provisions anymore, 0:08:13.680 --> 0:08:16.240 And in October of seventeen seventy nine, just four years later, 0:08:16.480 --> 0:08:20.200 Continental Congress requested no more money from the States. They 0:08:20.200 --> 0:08:22.560 didn't want the money that they had created. Now, what 0:08:22.640 --> 0:08:26.560 they wanted was actual supplies such as corn, such as wheat, 0:08:26.960 --> 0:08:31.080 such as hey and oats. So they inflated the money 0:08:31.120 --> 0:08:35.320 supply so fast and so big that it wasn't worth anything. 0:08:35.320 --> 0:08:37.920 It wouldn't buy them the goods and services they want anymore. 0:08:38.120 --> 0:08:40.120 And it got to the point where four years later 0:08:40.440 --> 0:08:43.400 the government itself, Continental Congress said, no more money. We 0:08:43.400 --> 0:08:47.080 don't want money from the States. We want the actual supplies. 0:08:47.200 --> 0:08:51.040 Does that sound familiar. That's exactly where we're in. We're 0:08:51.040 --> 0:08:53.800 seeing the United States dollar follow the exact same path 0:08:53.920 --> 0:08:56.520 as its predecessor of the Continental dollar, and the exact 0:08:56.520 --> 0:08:59.320 same path that the Roman inn Aias silver coin had. 0:09:00.040 --> 0:09:02.080 Print a bunch of money, it continues to buy you 0:09:02.160 --> 0:09:05.720 less and less and less good services until nobody wants 0:09:05.760 --> 0:09:08.160 is anymore. And that's exactly the path that we're in. 0:09:08.240 --> 0:09:09.800 If you're just tuning and listen to the Mark mo Show. 0:09:09.800 --> 0:09:11.320 I'm gonna take a very quick break. We're gonna come 0:09:11.360 --> 0:09:13.040 back to talk about the death of the dollar, what 0:09:13.160 --> 0:09:15.240 happened with the oil, and so much more. I'll be 0:09:15.240 --> 0:09:16.920 back with all that a minute. Don't go away, I'll 0:09:16.920 --> 0:09:20.760 be were back. All right, Welcome back. If you're just 0:09:20.800 --> 0:09:23.280 tuning in, you're listening to the Mark Moa Show. We're 0:09:23.280 --> 0:09:27.559 talking about the death of the US dollar. Greatly exaggerated. 0:09:27.600 --> 0:09:29.679 What's going on with US dollar now? It's been all 0:09:29.720 --> 0:09:31.400 over the news. You've been seeing on CNN, You've seen 0:09:31.440 --> 0:09:33.320 it on Fox, You're seen it everywhere. The dollars days 0:09:33.360 --> 0:09:37.520 are over, everyone starts stopping to use the dollar. And 0:09:37.760 --> 0:09:40.559 there's a lot of truth to that, and then maybe 0:09:40.600 --> 0:09:44.080 a lot of it might be over exaggerated, and there 0:09:44.160 --> 0:09:46.559 might be a lot of fiction in that. And so 0:09:46.600 --> 0:09:48.800 I want to bring some fact back to this so 0:09:48.840 --> 0:09:51.000 you can kind of understand this week, I should say 0:09:51.000 --> 0:09:52.360 I saw a CNN do a video about it. I 0:09:52.400 --> 0:09:55.640 saw Tucker Carlson do a video on it. And while 0:09:55.679 --> 0:09:59.800 it certainly makes for good media, it's a little bit overhyped. 0:10:00.160 --> 0:10:03.040 Talk about this now, what is actually happening? Well, What 0:10:03.280 --> 0:10:07.240 is actually happening is the dollar is being dropped all 0:10:07.240 --> 0:10:08.960 around the world. And the reason why is back to 0:10:09.000 --> 0:10:10.480 what we talked about in the first segment, is when 0:10:10.480 --> 0:10:12.720 you continue to print more dollars, they buy you less 0:10:12.720 --> 0:10:16.160 and less in goods and services. Also, what really, in 0:10:16.200 --> 0:10:18.520 my opinion, were not my opinion. I believe this is fact. 0:10:18.640 --> 0:10:22.400 What really exaggerated this was not just that the dollar 0:10:22.559 --> 0:10:24.920 is buying less goods and services in the future. The 0:10:25.040 --> 0:10:28.560 dollar has been weaponized against these countries. And so when 0:10:28.600 --> 0:10:32.120 the US seized Russia's bank account, when the whole world 0:10:32.120 --> 0:10:34.720 saw the Canadians bank accounts get seized because they donated 0:10:34.760 --> 0:10:38.199 twenty five dollars to go fund Me. But more importantly, 0:10:38.200 --> 0:10:41.680 when Russia had their bank account seas, the whole world realized, shoot, 0:10:42.280 --> 0:10:45.320 there's no rule of law anymore. There's no such thing 0:10:45.360 --> 0:10:48.640 as like due process anymore. And what I think is 0:10:48.760 --> 0:10:53.560 my property, my money, isn't. As a matter of fact, 0:10:53.880 --> 0:10:55.600 the government can just take it from any time they want. 0:10:55.960 --> 0:10:58.319 And if it can happen to Russia, which is one 0:10:58.360 --> 0:11:00.440 of three global superpowers with nuclear webs, if it can 0:11:00.480 --> 0:11:02.800 happen to them, it can happen to anybody. It can 0:11:02.920 --> 0:11:06.280 certainly happened to meet in any other nation will as well. 0:11:06.320 --> 0:11:09.920 So two things. One, the rapid increase of money, supply 0:11:09.960 --> 0:11:13.040 of dollars means it's buying less and less and good services, 0:11:13.040 --> 0:11:14.280 so they don't want to hold it. But second of all, 0:11:14.280 --> 0:11:16.080 they don't want to hold it because they knew it 0:11:16.120 --> 0:11:17.839 could just be seized at any given time. And so 0:11:18.679 --> 0:11:21.000 the world has already been on a path of what's 0:11:21.040 --> 0:11:24.680 called de dollarization. So China really announced this back in 0:11:24.679 --> 0:11:28.199 twenty thirteen. Russia has been de dollarizing. China's been de 0:11:28.280 --> 0:11:31.680 dollarizing knowing that this day was going to come. In 0:11:31.720 --> 0:11:34.040 my opinion, now when it happened to Russia, China took 0:11:34.200 --> 0:11:37.439 extra measures to really start to speed up de dollarization. 0:11:38.040 --> 0:11:39.760 But what's been all over the news headlines in the 0:11:39.800 --> 0:11:41.480 last week or two is that the rest of the 0:11:41.520 --> 0:11:43.880 world is all following suit. Now, as a matter of fact, 0:11:44.080 --> 0:11:45.839 it's like the world is dropping the dollar like a 0:11:45.880 --> 0:11:50.800 bad habit. Now there's been news headlines everywhere the bricks nations, 0:11:51.640 --> 0:11:55.720 which is Brazil, Russia, India, China, and South Africa. But 0:11:55.800 --> 0:11:58.280 now there's a whole other group of nations that are 0:11:58.360 --> 0:12:01.120 joining in the bricks nations, they're all going to start 0:12:01.120 --> 0:12:03.640 a new currency to replace the dollar potentially. We see 0:12:03.679 --> 0:12:07.320 that China and Russia are working on an alternative payment system, 0:12:07.320 --> 0:12:10.040 an alternative to Swift. So if you don't know what 0:12:10.160 --> 0:12:12.160 Swift is, I'm sure you do. If you if you 0:12:12.240 --> 0:12:14.400 ever sent a wire transfer, you know Swift like a 0:12:14.440 --> 0:12:18.000 Swift coade and Swift is the network, the US dollar 0:12:18.040 --> 0:12:21.079 payment network that allows you to send dollars anywhere in 0:12:21.120 --> 0:12:23.920 the world. And so if you want to send money 0:12:23.960 --> 0:12:25.560 anywhere in the world, just to use a Swift system. 0:12:25.559 --> 0:12:28.280 But if the US can control that and block you out, 0:12:28.679 --> 0:12:30.640 they need to build a new alternative. So China, Russi 0:12:30.640 --> 0:12:33.880 are doing that. We saw that Malaysia and India are 0:12:33.920 --> 0:12:36.920 now doing trade outside the dollar, and they're doing trade 0:12:37.640 --> 0:12:40.760 where it's where it's actually settled in their own currencies, 0:12:40.760 --> 0:12:44.520 not the dollar at all. We're seeing now in Russia 0:12:44.720 --> 0:12:48.199 the most traded currency in Russia now is the Chinese yuan, 0:12:48.960 --> 0:12:50.960 which again they were kicked out of the dollars, so 0:12:50.960 --> 0:12:53.960 they really had no choice. We saw Brazil and China 0:12:54.080 --> 0:12:57.960 are now settling their trade in yuan, not dollars, and 0:12:58.000 --> 0:13:00.600 so this is a big deal. Now, this is the 0:13:00.679 --> 0:13:05.120 death of a thousand cuts, if you will. These are 0:13:05.240 --> 0:13:09.719 all little things that are happening that are just ultimately 0:13:09.800 --> 0:13:12.760 speeding us down this path where the dollar just loses 0:13:12.800 --> 0:13:18.400 all of its power. Now, as this is rapidly happening, 0:13:18.440 --> 0:13:20.480 like I said, we're seeing the rise of these bricks nations. 0:13:20.480 --> 0:13:22.520 It's important to understand that kind of back what I 0:13:22.520 --> 0:13:25.600 said in the first segment is that remember, we don't 0:13:25.600 --> 0:13:28.320 want money. What we want is the things that money 0:13:28.400 --> 0:13:30.600 buys us. And what are the things that we need 0:13:30.640 --> 0:13:33.040 money to buy us? Well, we need the most important 0:13:33.080 --> 0:13:35.079 things in life if we want to stay alive, which 0:13:35.120 --> 0:13:37.720 is food and energy. We need food and energy, right, 0:13:38.480 --> 0:13:43.360 So the bricks nations produce the things that we actually need. 0:13:43.360 --> 0:13:46.160 They produce food and energy. Russia, which is the r 0:13:46.240 --> 0:13:50.440 and bricks, is the world's number one exporter. I believe 0:13:50.559 --> 0:13:54.000 Brazil is the second largest exporter, or maybe just the 0:13:54.040 --> 0:13:57.920 largest exporter in this hemisphere. And they export actual goods 0:13:57.920 --> 0:14:01.000 and services, actual goods, I should say, so. They produce 0:14:01.280 --> 0:14:04.000 food like wheat and corn. They produce metals like nickel 0:14:04.080 --> 0:14:07.520 and lithium, They produce fertilizer to grow the food. They 0:14:07.559 --> 0:14:10.280 produce real things, energy, like oil and natural gas, and 0:14:10.320 --> 0:14:12.439 they ship this to the rest of the world. What 0:14:12.559 --> 0:14:17.960 does the US export? Us exports dollars. And as long 0:14:18.000 --> 0:14:19.520 as those dollars have been in demand, it's worked out 0:14:19.520 --> 0:14:22.160 really well. But as these nations are d dollarizing, the 0:14:22.880 --> 0:14:25.200 demand for the dollar is falling very fast. Now what 0:14:25.240 --> 0:14:30.440 else does the US export? Will the US exports financial services? 0:14:30.520 --> 0:14:32.240 So we have the largest financial markets in the world. 0:14:32.560 --> 0:14:39.240 So our traders in the US are trading complex derivative contracts. Okay, 0:14:39.520 --> 0:14:44.520 does India or Iran or Malaisia do they care about 0:14:44.520 --> 0:14:47.880 our derivatives contract No, they want natural gas, they want oil. 0:14:48.360 --> 0:14:51.520 What else does the US export? Will we export? Services? 0:14:51.600 --> 0:14:56.480 Like social media? We have the Facebook stocks, the Apple, Netflix, Google, 0:14:56.960 --> 0:14:59.880 and actually Putin called us out on that as we try, 0:15:00.160 --> 0:15:03.080 as I should say not we, as the US government, 0:15:03.120 --> 0:15:06.440 try to punish Russia and said, you know, we're going 0:15:06.480 --> 0:15:08.760 to crush your bank acouts, et cetera. Russia's fine because 0:15:08.760 --> 0:15:11.560 they're continuing to produce the goods and services that the 0:15:11.600 --> 0:15:15.640 world wants. And Putin called called out the United States. 0:15:15.720 --> 0:15:18.280 He said, what are you guys going to do? Live 0:15:18.360 --> 0:15:23.320 off of each your social media stocks? Like that's what 0:15:23.360 --> 0:15:25.520 we have, that's what we produce. But the bricks are 0:15:25.520 --> 0:15:27.720 all trading in other currencies. They're trading in their own 0:15:27.720 --> 0:15:33.320 Now it's important to understand that while the US is 0:15:33.400 --> 0:15:37.960 definitely losing trust, and not not just because they're printing 0:15:37.960 --> 0:15:41.400 more dollars, but because they seize Russia's bank account, these 0:15:41.480 --> 0:15:44.960 nations don't trust China either. They probably even as even 0:15:45.000 --> 0:15:46.960 as much trust has been damaged with the US dollar, 0:15:47.280 --> 0:15:49.480 there's probably still more trusted in the US dollar than 0:15:49.520 --> 0:15:53.480 there is in China. And none of these countries, the bricks, 0:15:53.480 --> 0:15:56.080 this coalition that they formed, none of them trust anybody. 0:15:56.640 --> 0:15:58.160 So what they're willing to do is they're all wanting 0:15:58.160 --> 0:16:01.320 to trade in their own current sees. So we saw 0:16:01.440 --> 0:16:03.480 this week India ditches the US dollar to trade in 0:16:03.560 --> 0:16:08.040 rupees for example. We see that China and Malaysia are 0:16:08.040 --> 0:16:11.160 now discussing a new fund called Asian Monetary Fund to 0:16:11.200 --> 0:16:15.160 reduce dependence on the US dollar. We saw China and 0:16:15.200 --> 0:16:17.720 Brazil recently struck a deal to ditch the US dollar 0:16:18.040 --> 0:16:21.160 in favor of their own currencies. Now this is a 0:16:21.160 --> 0:16:23.760 pretty big deal because Russia, as I'm sorry Brazil, has 0:16:23.800 --> 0:16:27.360 been one of the US's you know what we would 0:16:27.400 --> 0:16:30.600 call friendlies. They're one of the largest commodity exporters in 0:16:30.600 --> 0:16:34.480 the world. The US needs Brazil as the world continues 0:16:34.480 --> 0:16:38.720 to decentralize deglobalize. The US needs Brazil needs South America 0:16:39.000 --> 0:16:42.840 in its orbit. But we've done a lot to destabilize 0:16:42.840 --> 0:16:46.200 that relationship. And now here's China and Brazil getting cozy cozy, 0:16:46.640 --> 0:16:51.080 and now they're decided to do trade in financial transactions, 0:16:51.080 --> 0:16:56.160 exchanging in Chinese yuan for real, without converting to the dollar. 0:16:56.280 --> 0:16:58.480 We saw. Kenya in Africa now says that they're going 0:16:58.520 --> 0:17:01.160 to buy oil using local current see instead of US dollars. 0:17:02.880 --> 0:17:05.520 Kenyan President William Rudaus signed an agreement with Audi Arabia 0:17:05.520 --> 0:17:08.520 to buy oil for Kenyan shillings instead of US dollars. 0:17:09.960 --> 0:17:13.280 Russia is calling on these bricks nations to explore trading 0:17:13.440 --> 0:17:18.080 in new currencies. Now, I don't believe they're gonna be 0:17:18.080 --> 0:17:20.680 able to find a new reserve currency. I don't think 0:17:20.680 --> 0:17:23.960 that this way it's going to work. I see a 0:17:24.000 --> 0:17:26.639 decentralized world. So I'm gonna explain to you what that means. 0:17:26.680 --> 0:17:28.600 What does a decentralized world mean? How do we move 0:17:28.600 --> 0:17:30.680 forward when one of these none of these nations trust 0:17:30.720 --> 0:17:32.520 the US, and they don't trust each other. We're gonna 0:17:32.560 --> 0:17:34.640 talk about that. We're gonna talk about these thousand cuts, 0:17:34.640 --> 0:17:36.400 But more importantly, I want to talk about the death 0:17:36.440 --> 0:17:39.000 blow that just came across this week that's really, really big. 0:17:39.080 --> 0:17:40.440 And then ultimately I want to explain to you what 0:17:40.520 --> 0:17:42.199 does all this mean? Why do you even care? Why 0:17:42.240 --> 0:17:43.840 should you even pay attention to this? What should you 0:17:43.840 --> 0:17:46.240 be watching? And more importantly, what should you be doing 0:17:46.320 --> 0:17:48.919 with this information. I'm going to cover all of that. 0:17:48.920 --> 0:17:50.520 It's a big show coming up. If you're just tuning 0:17:50.520 --> 0:17:52.720 in and you're listening to the Mark Moss Show, I 0:17:52.760 --> 0:17:54.600 gotta take a quick break and be back with more 0:17:54.640 --> 0:17:57.520 about the dollar and oil and all that's good stuff. 0:17:57.520 --> 0:18:00.679 I'm back in a second. Don't go away, all right, 0:18:00.720 --> 0:18:02.240 Welcome back. If you're just tune in, you're listening to 0:18:02.280 --> 0:18:04.160 the Mark Moss Show. Of course, we always talk about 0:18:04.160 --> 0:18:07.880 the decentralized revolution. Boy are we talking about that today? 0:18:07.920 --> 0:18:10.480 We're talking about how the world is breaking apart the 0:18:10.640 --> 0:18:16.040 US globals what we call homogeney, the US dollar, the 0:18:15.040 --> 0:18:18.640 US as a country's global dominance as well as their 0:18:18.640 --> 0:18:22.040 dominance imposed by the US dollar is falling, and it's 0:18:22.040 --> 0:18:25.840 falling fast. However, it's not quite as sensational as Tucker 0:18:25.840 --> 0:18:28.159 Carlson and CNN are trying to make it out to be. 0:18:28.560 --> 0:18:30.640 It is happening, yes, and it is a big thing 0:18:30.640 --> 0:18:32.840 to be a pay attention to do, yes, but it's 0:18:32.840 --> 0:18:35.840 more like a death by a thousand cuts. So, like 0:18:35.840 --> 0:18:37.679 I said, all these other countries are starting to do 0:18:37.760 --> 0:18:41.800 trade outside of the US dollar, but so far it's 0:18:41.840 --> 0:18:45.199 again it's a slow, slow, slow bleed bleed out. But 0:18:46.200 --> 0:18:48.680 something really big did happen this week. And this is 0:18:48.720 --> 0:18:51.399 a big deal for a lot of reasons. So for 0:18:51.520 --> 0:18:54.239 quick history in the United States, you probably already know this, 0:18:54.280 --> 0:18:56.159 but just super real fast, just to go through it 0:18:56.560 --> 0:18:59.600 up until you know. The US dollar took over the 0:18:59.640 --> 0:19:01.760 reserve currency status of the world from the pounds sterling. 0:19:02.720 --> 0:19:05.600 During World War One and two. England printed way too 0:19:05.680 --> 0:19:08.800 much money to fight their World wars and devalued debased 0:19:08.840 --> 0:19:11.879 their currency. The US didn't want their currency because it 0:19:11.920 --> 0:19:14.760 was continue to be devalued, and so the US demanded gold. 0:19:15.040 --> 0:19:17.440 Over the course of those two wars, the US brought 0:19:17.480 --> 0:19:19.600 in more gold than any other nation. At some point, 0:19:20.000 --> 0:19:22.040 the United States had about two thirds of all the 0:19:22.080 --> 0:19:24.440 gold in the world was in the US, and so 0:19:24.480 --> 0:19:27.320 then under nineteen forty four the Breton Woods Agreement, the 0:19:27.320 --> 0:19:29.960 world agreed that the US dollar would be the reserve 0:19:30.000 --> 0:19:33.040 currency the world would be backed by gold. So thirty 0:19:33.040 --> 0:19:35.200 five dollars was dampable before announced gold. Any nation of 0:19:35.240 --> 0:19:38.760 the world could redeem their dollars for gold whenever they wanted. 0:19:39.880 --> 0:19:46.040 All right, nineteen seventy one, the world was well, not 0:19:46.080 --> 0:19:48.199 just ninety seventy one. Leading up to that, the US 0:19:48.280 --> 0:19:50.359 kept printing more dollars, sort of like we talked about 0:19:50.359 --> 0:19:55.199 in the first segment, how the continental dollars. So they 0:19:55.280 --> 0:19:57.479 printed so many continental dollars, and in this case they 0:19:57.480 --> 0:19:59.800