1 00:00:00,080 --> 00:00:02,000 Speaker 1: All right, welcome back. You are listening to the Mark 2 00:00:02,080 --> 00:00:04,680 Speaker 1: mo Show and we are talking, of course each and 3 00:00:04,680 --> 00:00:07,240 Speaker 1: every week about the decentralized revolution, and we are running 4 00:00:07,240 --> 00:00:10,240 Speaker 1: through some of the biggest headlines of the week, and 5 00:00:10,280 --> 00:00:12,799 Speaker 1: we look at it through the lens of politics, finance, 6 00:00:12,920 --> 00:00:16,239 Speaker 1: and technology. We mostly just talk about the finance side 7 00:00:16,239 --> 00:00:18,800 Speaker 1: of things. Of course, on the technology side bitcoin, which 8 00:00:18,840 --> 00:00:21,000 Speaker 1: is leading the decentralized revolution. But you've got to look 9 00:00:21,040 --> 00:00:23,720 Speaker 1: at the whole picture if you really want to understand 10 00:00:23,720 --> 00:00:25,759 Speaker 1: the context of what's going on. And so we look 11 00:00:25,760 --> 00:00:29,440 Speaker 1: at all the different news articles and I saw one 12 00:00:29,520 --> 00:00:32,320 Speaker 1: this week that was very concerning. So we saw the 13 00:00:32,400 --> 00:00:34,760 Speaker 1: G twenty Leaders of the world. So these are the 14 00:00:34,800 --> 00:00:39,000 Speaker 1: top twenty nations in the world we're meeting. One big 15 00:00:39,080 --> 00:00:43,160 Speaker 1: question I have is why in the heck was claud Schwab, 16 00:00:43,520 --> 00:00:46,000 Speaker 1: the head of the World Economic Forum. Why was he 17 00:00:46,080 --> 00:00:52,160 Speaker 1: there presenting to the G twenty. What top twenty nation 18 00:00:52,240 --> 00:00:55,680 Speaker 1: does he run? Of course, the answer is none. He 19 00:00:55,840 --> 00:00:58,240 Speaker 1: is not an elected leader, He is not a part 20 00:00:58,280 --> 00:01:01,920 Speaker 1: of any company or or say country, So why is 21 00:01:02,000 --> 00:01:06,680 Speaker 1: he there then talking to the G twenty telling them 22 00:01:06,800 --> 00:01:09,680 Speaker 1: that they need to rebuild the world in the way 23 00:01:09,680 --> 00:01:13,280 Speaker 1: that he sees fit. I don't understand that part. But 24 00:01:13,319 --> 00:01:15,160 Speaker 1: that's a whole different topic for a whole another time. 25 00:01:15,200 --> 00:01:19,959 Speaker 1: But one thing that was very shocking and scary and uh, 26 00:01:20,240 --> 00:01:22,480 Speaker 1: maybe we still have some time to push back on 27 00:01:22,520 --> 00:01:24,480 Speaker 1: if you don't like it. But the G twenty leaders 28 00:01:25,800 --> 00:01:31,200 Speaker 1: issued a joint declaration promoting global health passports to facilitate 29 00:01:31,360 --> 00:01:35,920 Speaker 1: international travel. Big news coming out this week as they 30 00:01:35,959 --> 00:01:40,680 Speaker 1: all met in Indonesia for the seventeenth annual summit under 31 00:01:40,720 --> 00:01:46,839 Speaker 1: the name quote Recover Together, Recover Stronger, Big, big, big deal. 32 00:01:46,920 --> 00:01:50,120 Speaker 1: So yeah, top twenty countries responsible for more than eight 33 00:01:50,160 --> 00:01:51,880 Speaker 1: percent of the world's gross domestic products, and mean, if 34 00:01:51,920 --> 00:01:54,560 Speaker 1: I was in a global trade and six of the 35 00:01:54,560 --> 00:01:59,680 Speaker 1: world's total population all got together, it's nineteen countries, UM, 36 00:01:59,800 --> 00:02:03,440 Speaker 1: nine in countries and the European Union And so basically 37 00:02:03,480 --> 00:02:06,720 Speaker 1: they got together and they issued a joint declaration at 38 00:02:06,720 --> 00:02:10,760 Speaker 1: the end of the summit advocating for universal standard on 39 00:02:10,880 --> 00:02:14,640 Speaker 1: proof of vaccination for international travel and urging the creation 40 00:02:14,720 --> 00:02:20,399 Speaker 1: of quote a global digital health network. Mm hmm. Sounds 41 00:02:20,680 --> 00:02:26,280 Speaker 1: uh sort of like China's social credit course system. They 42 00:02:26,280 --> 00:02:30,359 Speaker 1: want to have basically a big database where they can 43 00:02:30,400 --> 00:02:35,600 Speaker 1: all share information and they could make all of us 44 00:02:35,720 --> 00:02:39,639 Speaker 1: then have to show like an app um that would 45 00:02:39,680 --> 00:02:43,920 Speaker 1: allow us to move around freely. Well not freely, because 46 00:02:43,919 --> 00:02:46,480 Speaker 1: they'll take away our ability to move freely. Instead, they'll 47 00:02:46,480 --> 00:02:49,640 Speaker 1: make a series of checkpoints and gateways that we have 48 00:02:49,800 --> 00:02:55,360 Speaker 1: to go through. There was a story that I heard 49 00:02:55,560 --> 00:02:57,000 Speaker 1: when I was a kid, and it was like, how 50 00:02:57,000 --> 00:02:59,440 Speaker 1: to catch a wild boar, how to catch a wild pig? 51 00:03:01,000 --> 00:03:03,400 Speaker 1: And uh, I grew up in Texas, and so we 52 00:03:03,480 --> 00:03:05,079 Speaker 1: used to do quite a bit of hunting back there. 53 00:03:05,080 --> 00:03:07,520 Speaker 1: And you'd set up like a you'd set up a 54 00:03:07,560 --> 00:03:11,079 Speaker 1: feeder and you would throw corn on the ground every day. 55 00:03:11,560 --> 00:03:13,440 Speaker 1: And you'd set up this feeder and you'd set it's 56 00:03:13,440 --> 00:03:15,079 Speaker 1: a program. It like at five o'clock every day, it 57 00:03:15,080 --> 00:03:17,440 Speaker 1: throws corn on the ground. And what happens is then 58 00:03:17,520 --> 00:03:20,040 Speaker 1: the animals start to realize that the corn comes on 59 00:03:20,080 --> 00:03:21,440 Speaker 1: the ground every day at the same time, and then 60 00:03:21,480 --> 00:03:23,040 Speaker 1: the animals come in and then of course you can 61 00:03:23,040 --> 00:03:24,760 Speaker 1: go hunt them. But if I want to catch a 62 00:03:24,800 --> 00:03:26,800 Speaker 1: wild pig one way, and I want to do it 63 00:03:26,840 --> 00:03:28,160 Speaker 1: live on, one thing I could do is I could 64 00:03:28,160 --> 00:03:30,400 Speaker 1: put corn on the ground every day and then as 65 00:03:30,440 --> 00:03:32,040 Speaker 1: this pig comes in and gets the corner every day. 66 00:03:32,080 --> 00:03:34,840 Speaker 1: Then eventually I build a wall on one side, but 67 00:03:35,080 --> 00:03:37,120 Speaker 1: the pig doesn't notice, and he still gets the corner 68 00:03:37,120 --> 00:03:39,240 Speaker 1: every day. And then eventually I build a second wall, 69 00:03:39,840 --> 00:03:41,720 Speaker 1: and the pig doesn't notice, and he still comes and 70 00:03:41,760 --> 00:03:42,960 Speaker 1: gets the corner of day. And then I build a 71 00:03:43,000 --> 00:03:45,520 Speaker 1: third wall, and then finally one day he comes in 72 00:03:45,520 --> 00:03:47,560 Speaker 1: and I add the fourth wall, And each one of 73 00:03:47,600 --> 00:03:52,720 Speaker 1: these things are another wall that's being put around us. Now, 74 00:03:53,560 --> 00:03:56,440 Speaker 1: you might be the type of person that believes that 75 00:03:56,560 --> 00:03:58,600 Speaker 1: you don't know what you're doing, and you don't know 76 00:03:58,640 --> 00:04:00,640 Speaker 1: what's going on in the world, and you just want 77 00:04:00,720 --> 00:04:02,480 Speaker 1: someone to tell you what to do and keep you 78 00:04:02,560 --> 00:04:04,480 Speaker 1: safe and just put you in a cage and bring 79 00:04:04,520 --> 00:04:08,160 Speaker 1: you that meal every day. I just don't believe that, 80 00:04:08,880 --> 00:04:11,640 Speaker 1: and so we might have a big discrepancy in our viewpoint. 81 00:04:12,240 --> 00:04:13,800 Speaker 1: You know. I like to think of it like a 82 00:04:13,920 --> 00:04:16,599 Speaker 1: lion that lives on the on the pride, right, a 83 00:04:16,680 --> 00:04:19,720 Speaker 1: lion in the pride out on the on the plane, 84 00:04:19,880 --> 00:04:25,960 Speaker 1: and the lion is the king. Right. The lion can 85 00:04:26,760 --> 00:04:29,359 Speaker 1: basically kill any animal at once. It's the top of 86 00:04:29,400 --> 00:04:32,480 Speaker 1: the food chain, right, the alpha, the apex predator, if 87 00:04:32,480 --> 00:04:36,599 Speaker 1: you will, But it's not it's not safe for that lion. 88 00:04:36,800 --> 00:04:39,200 Speaker 1: The lion is free, but it's not safe. And so 89 00:04:39,360 --> 00:04:41,800 Speaker 1: you know that lion has to fight other lions and 90 00:04:41,839 --> 00:04:44,760 Speaker 1: has to you know, um kill its prey. If it doesn't, 91 00:04:44,800 --> 00:04:46,600 Speaker 1: it could starve to death. It has to you know, 92 00:04:46,800 --> 00:04:48,760 Speaker 1: run from hunters and all those types of things. But 93 00:04:48,760 --> 00:04:50,840 Speaker 1: it's free, and we could take that line. We could 94 00:04:50,839 --> 00:04:53,000 Speaker 1: go put it in a cage in a zoo, and 95 00:04:53,040 --> 00:04:56,080 Speaker 1: we can keep that lion safe, and we can give 96 00:04:56,080 --> 00:04:58,960 Speaker 1: it its antibiotics and it's it's hormones and and we 97 00:04:59,000 --> 00:05:00,880 Speaker 1: can we can throw it at one meal a day, 98 00:05:02,320 --> 00:05:04,400 Speaker 1: and that lion is safe in that cage, but it's 99 00:05:04,440 --> 00:05:07,080 Speaker 1: not free. And so freedom and safety are not the 100 00:05:07,120 --> 00:05:11,000 Speaker 1: same things. Unfortunately, a free life is not necessarily safe life, 101 00:05:11,000 --> 00:05:13,839 Speaker 1: and vice versa. And so you know, if you're the 102 00:05:13,839 --> 00:05:15,760 Speaker 1: type of person that that wants the government to just 103 00:05:15,800 --> 00:05:18,160 Speaker 1: basically throw you in a cage and give your antibiotics 104 00:05:18,160 --> 00:05:20,240 Speaker 1: and one meal a day, well, this is the world 105 00:05:20,279 --> 00:05:22,280 Speaker 1: that they're bringing. So maybe you like that. For me, 106 00:05:22,320 --> 00:05:25,760 Speaker 1: I don't like it, um. And you know, each one 107 00:05:25,839 --> 00:05:30,359 Speaker 1: of these things is one step closer to that. The 108 00:05:30,400 --> 00:05:32,320 Speaker 1: other thing that I really don't like is I don't 109 00:05:32,400 --> 00:05:38,880 Speaker 1: like this uh global cooperation, this did this global network, 110 00:05:39,760 --> 00:05:44,400 Speaker 1: because I don't believe that one group of people know 111 00:05:44,520 --> 00:05:48,880 Speaker 1: what's best for the entire world. They don't have the information. 112 00:05:49,920 --> 00:05:53,240 Speaker 1: Their version of utopia is probably not my version of utopia, 113 00:05:53,279 --> 00:05:55,560 Speaker 1: and and I'm I'm more than happy to realize that 114 00:05:55,720 --> 00:05:59,080 Speaker 1: my version of utopia is not yours either. And that's 115 00:05:59,080 --> 00:06:02,039 Speaker 1: why there is no such thing as utopia, because one 116 00:06:02,080 --> 00:06:06,000 Speaker 1: man's version is maybe another man's hell. And so I 117 00:06:06,040 --> 00:06:07,960 Speaker 1: am smart enough to know that my version of utopia 118 00:06:08,000 --> 00:06:09,680 Speaker 1: isn't yours, which is why I'm not trying to make 119 00:06:09,760 --> 00:06:13,479 Speaker 1: laws and rules and regulations for you, which is why 120 00:06:13,520 --> 00:06:15,280 Speaker 1: we shouldn't have one group of people making laws and 121 00:06:15,360 --> 00:06:19,960 Speaker 1: rules and regulations for everybody. Now, we also know that 122 00:06:20,000 --> 00:06:23,400 Speaker 1: good ideas are found through competition. You try your idea, 123 00:06:23,520 --> 00:06:25,400 Speaker 1: let me try my idea, and let's compete and see 124 00:06:25,440 --> 00:06:28,320 Speaker 1: which one works better. But instead, if they have some 125 00:06:28,520 --> 00:06:32,880 Speaker 1: global initiative where they pass this to everybody, where there's 126 00:06:33,040 --> 00:06:36,160 Speaker 1: no way to opt out, there's no way to try 127 00:06:36,200 --> 00:06:41,080 Speaker 1: another um another way, will never know which way is 128 00:06:41,120 --> 00:06:44,200 Speaker 1: better or worse. Now we know that if you've ever 129 00:06:44,520 --> 00:06:46,520 Speaker 1: spent time going to the Department of motor vehicles or 130 00:06:46,560 --> 00:06:49,960 Speaker 1: something like that. When the government has no competition, how 131 00:06:50,080 --> 00:06:54,000 Speaker 1: is their product and their service? It's very poor? Right? 132 00:06:54,360 --> 00:06:57,160 Speaker 1: And so because when when when when companies are forced 133 00:06:57,200 --> 00:06:59,880 Speaker 1: to compete, we know we get better products, service and prices, 134 00:07:00,120 --> 00:07:04,720 Speaker 1: not for uh, one group of people making global global 135 00:07:05,000 --> 00:07:09,440 Speaker 1: laws to um go over everybody, Nor am I for 136 00:07:10,160 --> 00:07:13,200 Speaker 1: the safe and less free option. That's happening. But it's 137 00:07:13,200 --> 00:07:16,400 Speaker 1: exactly what's happening with our money. So central bank digital 138 00:07:16,400 --> 00:07:20,040 Speaker 1: currencies which are coming down the pipeline, which again are 139 00:07:20,160 --> 00:07:23,400 Speaker 1: programmable money. So if you don't do what they say, 140 00:07:23,400 --> 00:07:25,320 Speaker 1: then your money doesn't work. If you don't spend your 141 00:07:25,320 --> 00:07:27,400 Speaker 1: money by Friday, it comes back to you. If you're 142 00:07:27,400 --> 00:07:29,640 Speaker 1: saving too much, you have a negative interest rate. Uh. 143 00:07:29,960 --> 00:07:31,480 Speaker 1: If you want to try and spend it on red meat, 144 00:07:31,520 --> 00:07:33,240 Speaker 1: which we think is bad for you, then you can't 145 00:07:33,280 --> 00:07:37,040 Speaker 1: buy that, right or whatever? Baby, or you don't have 146 00:07:37,160 --> 00:07:40,640 Speaker 1: your passport, your health passport, and now you can't use 147 00:07:40,680 --> 00:07:44,040 Speaker 1: your money to buy travel, a plane ticket, a train 148 00:07:44,080 --> 00:07:47,880 Speaker 1: ticket or whatever. There's a very very very scary world 149 00:07:47,960 --> 00:07:50,720 Speaker 1: that we're going into where one small group of people 150 00:07:51,000 --> 00:07:54,800 Speaker 1: are going to try to dictate the freedoms and the 151 00:07:54,840 --> 00:07:59,520 Speaker 1: movements of otherwise free people. You know, in the United States, 152 00:07:59,600 --> 00:08:02,080 Speaker 1: we are found did with the with the pursuit of life, 153 00:08:02,320 --> 00:08:05,280 Speaker 1: liberty and happiness, which was actually taken from life liberty 154 00:08:05,280 --> 00:08:08,200 Speaker 1: and property and life liberty and property means that my 155 00:08:08,360 --> 00:08:10,920 Speaker 1: life is my property to do as I see fit. 156 00:08:12,320 --> 00:08:14,840 Speaker 1: Of course they don't like that. And so anyway, that's 157 00:08:14,840 --> 00:08:16,480 Speaker 1: a big headline coming out this week, something that you 158 00:08:16,520 --> 00:08:19,120 Speaker 1: should be aware of as we talk about the world changing, 159 00:08:19,200 --> 00:08:22,040 Speaker 1: the decentralized world. It seems like the world is centralizing 160 00:08:22,600 --> 00:08:25,320 Speaker 1: under one control. I believe this breaks and it moves 161 00:08:25,320 --> 00:08:28,200 Speaker 1: to decentralization. I have some more headlines to show how 162 00:08:28,240 --> 00:08:31,120 Speaker 1: this world is transitioning into this decentralized revolution that we 163 00:08:31,160 --> 00:08:32,960 Speaker 1: talked about every week. So I got a couple more 164 00:08:33,000 --> 00:08:35,040 Speaker 1: stories I want to break for you that are very 165 00:08:35,080 --> 00:08:37,120 Speaker 1: important that you keep your eye on. I'll be back 166 00:08:37,120 --> 00:08:38,840 Speaker 1: with those and more in a minute. Don't go away, 167 00:08:38,880 --> 00:08:40,920 Speaker 1: I'll be right back. All right, Welcome back. You are 168 00:08:41,000 --> 00:08:43,600 Speaker 1: listening to the Mark mo Show. We're talking about the 169 00:08:43,679 --> 00:08:45,960 Speaker 1: decentralized revolution that we talked about each and every week. 170 00:08:46,040 --> 00:08:48,200 Speaker 1: As we look at it through the lens of politics, finance, 171 00:08:48,240 --> 00:08:51,360 Speaker 1: and technology, and there's a lot going on. You know, 172 00:08:51,760 --> 00:08:54,160 Speaker 1: I talked about this decentralized revolution as the world is 173 00:08:54,480 --> 00:08:57,960 Speaker 1: moving the pendulum swinging. It's been swinging on, truning for 174 00:08:57,960 --> 00:09:00,360 Speaker 1: to your time frame, to a world of centralization, and 175 00:09:00,400 --> 00:09:02,800 Speaker 1: now we can see that it's pushing back and we're 176 00:09:02,840 --> 00:09:07,000 Speaker 1: moving back the opposite direction into a world of de centralization. 177 00:09:07,040 --> 00:09:08,160 Speaker 1: And like I said, I like to look at it 178 00:09:08,200 --> 00:09:10,319 Speaker 1: through all of those things. Now. One of the things 179 00:09:10,360 --> 00:09:14,640 Speaker 1: that's leading us into this new world is of course politics, finance, 180 00:09:14,640 --> 00:09:17,760 Speaker 1: and technology, the financial peace. We know that we're at 181 00:09:17,760 --> 00:09:21,720 Speaker 1: the end of a hundred year sovereign debt crisis. Um 182 00:09:21,880 --> 00:09:23,400 Speaker 1: all the governments of the round of the world are 183 00:09:23,400 --> 00:09:26,480 Speaker 1: going bankrupt. If you've noticed what's happened with this whole 184 00:09:26,679 --> 00:09:31,760 Speaker 1: FTX situation where they basically collapsed almost overnight and took 185 00:09:31,760 --> 00:09:35,840 Speaker 1: everybody's money with them, you can understand that that's a 186 00:09:36,080 --> 00:09:41,040 Speaker 1: perfect microcosm for what's happening in the greater financial system. 187 00:09:41,080 --> 00:09:43,600 Speaker 1: And just like it was the small cryptocurrency companies that 188 00:09:43,640 --> 00:09:45,560 Speaker 1: went down first, and now it's taking out bigger and 189 00:09:45,559 --> 00:09:49,320 Speaker 1: bigger ones, exactly what's happened in the greater financial system. 190 00:09:49,600 --> 00:09:52,559 Speaker 1: And so we've already seen the small countries, the Venezuelas, 191 00:09:52,600 --> 00:09:56,320 Speaker 1: the Zimbabwe's go down. Then we've seen the Perus, the 192 00:09:56,440 --> 00:10:00,079 Speaker 1: Ecuadors go down, We've seen the Lebanons. Now Turkey he 193 00:10:00,160 --> 00:10:04,080 Speaker 1: is going down. Now we're about to witness Japan, which 194 00:10:04,120 --> 00:10:07,160 Speaker 1: might be the next one. Japan, and then the UK 195 00:10:07,600 --> 00:10:10,600 Speaker 1: and then the Euro going down, and eventually it comes 196 00:10:10,600 --> 00:10:12,800 Speaker 1: to roost in the United States and the dollar as well. 197 00:10:14,160 --> 00:10:18,680 Speaker 1: The FED trying to control the monetary policy, the inflation 198 00:10:18,760 --> 00:10:21,439 Speaker 1: and everything around the financial system. The United States is 199 00:10:21,520 --> 00:10:24,120 Speaker 1: up against a serious, serious problem. And there was a 200 00:10:24,160 --> 00:10:27,240 Speaker 1: story that came out this week that is something that 201 00:10:27,240 --> 00:10:30,120 Speaker 1: that basically said the quiet part out loud, the part 202 00:10:30,160 --> 00:10:33,000 Speaker 1: that they haven't really said, but I've been trying to 203 00:10:33,040 --> 00:10:36,160 Speaker 1: make sure that you hear. But they actually came out 204 00:10:36,200 --> 00:10:37,560 Speaker 1: and said it right now. And so we know that 205 00:10:37,600 --> 00:10:41,120 Speaker 1: the Federal Reserve is trying to fight inflation, and so 206 00:10:41,160 --> 00:10:45,040 Speaker 1: their goal is to restrict the monetary supply um to 207 00:10:45,120 --> 00:10:49,440 Speaker 1: bring prices down what they consider inflation or prices going higher. 208 00:10:50,160 --> 00:10:52,920 Speaker 1: They want to bring prices down. Of course, I've talked 209 00:10:52,920 --> 00:10:55,360 Speaker 1: about this. It's very simple supply and demand. If you 210 00:10:55,360 --> 00:10:57,800 Speaker 1: want to bring prices down, you either one bring more 211 00:10:57,840 --> 00:11:00,000 Speaker 1: supply to the market, or two, you reduce the demand 212 00:11:00,040 --> 00:11:03,439 Speaker 1: and the central banks, the Federal Reserve cannot bring more 213 00:11:03,480 --> 00:11:06,200 Speaker 1: supply to the market. They can't bring more oil or 214 00:11:06,280 --> 00:11:08,240 Speaker 1: gas to the market. They can't bring more food to 215 00:11:08,280 --> 00:11:10,080 Speaker 1: the market. So the only thing they can do is 216 00:11:10,120 --> 00:11:14,560 Speaker 1: crush demand. How do they crush demand by making you pour? 217 00:11:15,440 --> 00:11:19,080 Speaker 1: A better? Better said, by making you broke. If they 218 00:11:19,120 --> 00:11:21,920 Speaker 1: can make you broke, then you don't want to drive 219 00:11:22,000 --> 00:11:23,400 Speaker 1: your car, you don't want to go out to dinner, 220 00:11:23,400 --> 00:11:28,199 Speaker 1: and you don't want to go onification. Sounds bad, doesn't it? 221 00:11:29,400 --> 00:11:32,360 Speaker 1: The job of the Federal Reserve their goal right now? 222 00:11:32,360 --> 00:11:36,480 Speaker 1: They're stated goal. I'll say their stated goal isn't to 223 00:11:36,520 --> 00:11:39,360 Speaker 1: try to bring prices down so your life is easier. 224 00:11:40,720 --> 00:11:42,880 Speaker 1: Their life is to make Their goal is to make 225 00:11:42,880 --> 00:11:47,400 Speaker 1: your life harder by making you broke, so that then 226 00:11:47,520 --> 00:11:49,960 Speaker 1: prices come down they can say they won. So in 227 00:11:50,120 --> 00:11:53,480 Speaker 1: order for them to win, they must make you broke. 228 00:11:53,920 --> 00:11:57,080 Speaker 1: How's that sound not so good? Right? So their goal 229 00:11:57,400 --> 00:12:00,160 Speaker 1: is for your retirement account to cut in half, for 230 00:12:00,200 --> 00:12:04,640 Speaker 1: your home value to get cut in half um, and 231 00:12:05,520 --> 00:12:08,760 Speaker 1: for a lot of you to lose your jobs, and 232 00:12:09,920 --> 00:12:12,839 Speaker 1: for your jobs or the new job that you might 233 00:12:12,880 --> 00:12:17,960 Speaker 1: find to pay you less money. The fact that more 234 00:12:18,000 --> 00:12:20,480 Speaker 1: people are working, and more importantly, the fact that you're 235 00:12:20,520 --> 00:12:25,280 Speaker 1: getting paid more for your job is in direct contrast 236 00:12:25,600 --> 00:12:30,160 Speaker 1: to what they want. Now, I know that sounds really bad. 237 00:12:30,240 --> 00:12:34,280 Speaker 1: That sounds um Maybe it's a controversial, maybe conspiratorial. You're 238 00:12:34,280 --> 00:12:37,080 Speaker 1: like Mark, there's no way the Fed doesn't really want that. 239 00:12:37,120 --> 00:12:38,480 Speaker 1: The FETs trying to do the best they can for 240 00:12:38,520 --> 00:12:42,520 Speaker 1: the economy. Well, they said the quiet part out loud. 241 00:12:42,520 --> 00:12:44,640 Speaker 1: As a matter of fact, the story came out this week. 242 00:12:44,679 --> 00:12:47,520 Speaker 1: It says right here, quote, wage growth has been a 243 00:12:47,559 --> 00:12:51,920 Speaker 1: contributing factor to inflation, especially in the service sector. So 244 00:12:52,000 --> 00:12:54,679 Speaker 1: it's important to get the labor market into better balance, 245 00:12:55,000 --> 00:12:58,600 Speaker 1: to bring future wage growth down to a more sustainable 246 00:12:58,679 --> 00:13:03,800 Speaker 1: level that will assist in moving overall inflation lower end. Quote, 247 00:13:04,559 --> 00:13:08,000 Speaker 1: let me break that down for you. Wage growth, So 248 00:13:08,200 --> 00:13:10,360 Speaker 1: the fact that you're getting paid more money has been 249 00:13:10,360 --> 00:13:14,480 Speaker 1: a contributing factor to inflation. So, first of all, wage 250 00:13:14,480 --> 00:13:17,400 Speaker 1: growth has been flat as a matter of fact, when 251 00:13:17,400 --> 00:13:22,200 Speaker 1: you adjusted for inflation. So when Biden was elected president, 252 00:13:22,280 --> 00:13:24,320 Speaker 1: I believe gas was in like the two dollars and 253 00:13:24,360 --> 00:13:26,480 Speaker 1: thirty cent range, So they it's like three fifty or 254 00:13:26,520 --> 00:13:29,880 Speaker 1: four dollars, So gas has gone up by whatever fifty 255 00:13:31,320 --> 00:13:34,520 Speaker 1: Have your wages gone up by fifty or sixty percent? 256 00:13:34,600 --> 00:13:36,199 Speaker 1: You were making a hundred thousand before and now you're 257 00:13:36,240 --> 00:13:40,760 Speaker 1: making a no. Uh. In that same two year time span, 258 00:13:40,880 --> 00:13:44,040 Speaker 1: home prices are up about thirty five. Has your pay 259 00:13:44,080 --> 00:13:48,040 Speaker 1: gone up by thirty uh? Steak has gone up, airline 260 00:13:48,040 --> 00:13:51,480 Speaker 1: travel has gone up. Have your wages gone up to 261 00:13:51,760 --> 00:13:54,480 Speaker 1: keep up with the rising price of everything else? Of 262 00:13:54,520 --> 00:13:58,080 Speaker 1: course the answer is no. So that means that the 263 00:13:58,200 --> 00:14:01,319 Speaker 1: quality of your life is going down. Out. That means 264 00:14:01,360 --> 00:14:04,000 Speaker 1: that you work just the same amount and you're not 265 00:14:04,120 --> 00:14:06,720 Speaker 1: able to afford the things that you used to afford, 266 00:14:07,840 --> 00:14:11,440 Speaker 1: So your wages are not growing enough to keep up 267 00:14:11,480 --> 00:14:13,680 Speaker 1: with that. But here it says, I'm gonna read it again, 268 00:14:13,880 --> 00:14:16,640 Speaker 1: wage growth has been a contributing factor to inflation. So 269 00:14:16,679 --> 00:14:18,880 Speaker 1: they're saying that the reason why prices are going up 270 00:14:18,880 --> 00:14:21,160 Speaker 1: so much because you're getting paid more, but you're not 271 00:14:21,160 --> 00:14:25,120 Speaker 1: getting paid enough. It says, uh, it's important to bring 272 00:14:25,120 --> 00:14:29,040 Speaker 1: the labor market and wage growth down. Wage growth down, 273 00:14:29,080 --> 00:14:31,360 Speaker 1: so they want you to your pay raises to go 274 00:14:31,480 --> 00:14:35,480 Speaker 1: down to assist with inflation. And this is by a 275 00:14:35,520 --> 00:14:38,800 Speaker 1: member of the Federal Reserve six member board Christopher Wallace. 276 00:14:39,880 --> 00:14:42,880 Speaker 1: That's what he said. Wage growth, it's a contributing factor, 277 00:14:43,160 --> 00:14:47,600 Speaker 1: and that's the problem. He said. Uh. At at any 278 00:14:47,640 --> 00:14:51,320 Speaker 1: other time, I would be pretty unhappy about slowing growth, 279 00:14:51,480 --> 00:14:56,480 Speaker 1: But not now, he said, So not now. Uh Now 280 00:14:56,520 --> 00:15:00,640 Speaker 1: we need you to make less money. Now, we need um, 281 00:15:00,720 --> 00:15:03,240 Speaker 1: you to get paid less. Now, we need more people 282 00:15:03,360 --> 00:15:07,000 Speaker 1: to be unemployed. Too many people are working. That's the problem. 283 00:15:07,160 --> 00:15:08,840 Speaker 1: And we'll see. When too many people are working, that 284 00:15:08,880 --> 00:15:12,600 Speaker 1: means that means employers now have to compete for you. Right, 285 00:15:12,600 --> 00:15:14,720 Speaker 1: there's not enough people to go around. So now there's 286 00:15:14,720 --> 00:15:17,520 Speaker 1: a bidding war for employees, which is good, but not 287 00:15:17,640 --> 00:15:20,560 Speaker 1: for them, not for the FED. That goes against everything 288 00:15:20,600 --> 00:15:24,000 Speaker 1: that they want. It's a scary, scary world that we're in. 289 00:15:25,320 --> 00:15:27,840 Speaker 1: You would think that their goal would be human flourishment. 290 00:15:28,000 --> 00:15:30,160 Speaker 1: You would think their goal would be that you would 291 00:15:30,160 --> 00:15:33,240 Speaker 1: have a better life. But that's certainly not the case 292 00:15:34,680 --> 00:15:38,760 Speaker 1: the Federal Reserve, like I said, they can't just create 293 00:15:38,760 --> 00:15:41,520 Speaker 1: more supply. All they can do is crush demand. Now 294 00:15:42,160 --> 00:15:47,160 Speaker 1: they could, um, you know, they could incentivize people to 295 00:15:47,240 --> 00:15:50,720 Speaker 1: make more right, they could take some of that money, 296 00:15:50,840 --> 00:15:54,200 Speaker 1: those trillions of dollars they've printed in you know, sent 297 00:15:54,280 --> 00:15:57,440 Speaker 1: over to Ukraine, for example. They could use that to 298 00:15:57,560 --> 00:16:01,480 Speaker 1: bring more gas to the you know, people in the 299 00:16:01,520 --> 00:16:04,320 Speaker 1: United States, to bring gas prices down. That would help. 300 00:16:05,640 --> 00:16:08,800 Speaker 1: But instead now, instead they continue to shut oil and 301 00:16:08,840 --> 00:16:11,360 Speaker 1: gas leases down, so we have less oil and gas 302 00:16:11,400 --> 00:16:15,640 Speaker 1: than we had before. They could try to influence the 303 00:16:15,680 --> 00:16:20,760 Speaker 1: government to relax regulations so that it's cheaper to run 304 00:16:20,800 --> 00:16:24,000 Speaker 1: your business, but no, that wouldn't be the right way 305 00:16:24,040 --> 00:16:26,840 Speaker 1: to do it. Instead, we want to crush demand. We 306 00:16:26,880 --> 00:16:29,320 Speaker 1: want to make everybody broke. It's what they call the 307 00:16:29,400 --> 00:16:31,920 Speaker 1: wealth effect. The wealth effect is that when you see 308 00:16:31,920 --> 00:16:34,440 Speaker 1: your retirement account going up, when you see your house 309 00:16:34,480 --> 00:16:38,120 Speaker 1: going up, you feel more wealthy. You feel more optimistic 310 00:16:38,160 --> 00:16:42,720 Speaker 1: about the future. Dare I say happier? Right? When you're optimistic, 311 00:16:42,760 --> 00:16:44,920 Speaker 1: you feel good about the future. You feel happier, you're 312 00:16:44,960 --> 00:16:47,120 Speaker 1: in a generally in a better mood, and so then 313 00:16:47,160 --> 00:16:51,000 Speaker 1: you're more productive. You're spending more money, which is good 314 00:16:51,000 --> 00:16:54,640 Speaker 1: for businesses because now businesses have more customers. And when 315 00:16:54,640 --> 00:16:56,640 Speaker 1: those customers have when those business and more customers, they 316 00:16:56,640 --> 00:16:59,040 Speaker 1: sell more goods. Means they can buy more from the suppliers. 317 00:16:59,080 --> 00:17:03,120 Speaker 1: Those suppliers do better, and everybody does good in that system. 318 00:17:03,160 --> 00:17:05,520 Speaker 1: But when they crush demand, it's what's called the reverse 319 00:17:05,560 --> 00:17:08,040 Speaker 1: wealth effect. When you see a retirement cutting half, in 320 00:17:08,040 --> 00:17:10,560 Speaker 1: your home price cutting half, you feel poor, and then 321 00:17:10,560 --> 00:17:15,600 Speaker 1: you feel pessimistic about the future. You feel scared, you 322 00:17:15,680 --> 00:17:21,240 Speaker 1: feel uneasy, you feel anxious about the future, and so 323 00:17:21,359 --> 00:17:23,520 Speaker 1: then you want to hoard. I don't want to spend. 324 00:17:23,960 --> 00:17:26,400 Speaker 1: So now you don't go out, but think about the 325 00:17:26,480 --> 00:17:29,159 Speaker 1: state of the of the nation or the world. At 326 00:17:29,160 --> 00:17:31,359 Speaker 1: that point, you went from a state where everybody was 327 00:17:31,400 --> 00:17:36,680 Speaker 1: optimistic and happy and peaceful and loving to a state 328 00:17:36,720 --> 00:17:41,160 Speaker 1: where people are angry and bitter and scared and anxious 329 00:17:41,200 --> 00:17:43,560 Speaker 1: about the future. Now, which world would you rather live in? 330 00:17:44,040 --> 00:17:46,359 Speaker 1: I mean, I don't know about you. I'd rather live 331 00:17:46,400 --> 00:17:49,960 Speaker 1: in a world where people are optimistic and happy and hopeful. 332 00:17:51,480 --> 00:17:52,679 Speaker 1: That's the world I want to live in. But not 333 00:17:52,760 --> 00:17:55,720 Speaker 1: the Fed. The Fed wants you to be angry and 334 00:17:55,720 --> 00:17:59,159 Speaker 1: and scared of the future. And now you know, anyway, 335 00:17:59,200 --> 00:18:00,760 Speaker 1: you're listening to the Market show, we're talking about the 336 00:18:00,800 --> 00:18:04,359 Speaker 1: decentralized Revolution, breaking down some of the latest breaking news headlines. 337 00:18:04,480 --> 00:18:05,639 Speaker 1: I got a lot more to cover when I come 338 00:18:05,640 --> 00:18:07,360 Speaker 1: back in a minute. Don't go away. I'll be right back, 339 00:18:07,760 --> 00:18:10,040 Speaker 1: all right, Welcome back. You are listening to the Mark 340 00:18:10,160 --> 00:18:13,680 Speaker 1: Moss Show. We're talking about the decentralized Revolution, talking about 341 00:18:13,680 --> 00:18:15,560 Speaker 1: the way the world is changing, of course, and we're 342 00:18:15,600 --> 00:18:18,879 Speaker 1: looking at the latest breaking news of the week, some 343 00:18:18,920 --> 00:18:21,000 Speaker 1: of the news headlines that kind of show us how 344 00:18:21,040 --> 00:18:23,080 Speaker 1: the world is changing right before every eyes. And it's 345 00:18:23,080 --> 00:18:27,080 Speaker 1: important to understand this because it brings everything into context. 346 00:18:27,680 --> 00:18:29,320 Speaker 1: And so a couple of things that I'm seeing this 347 00:18:29,359 --> 00:18:33,679 Speaker 1: week that we're pretty shocking. One big thing that I saw, 348 00:18:33,800 --> 00:18:36,760 Speaker 1: which is, um, you know, we're on the other side 349 00:18:36,760 --> 00:18:38,840 Speaker 1: of the mid term elections. I don't I don't like 350 00:18:38,880 --> 00:18:41,160 Speaker 1: to typically spend a lot of time talking about politics 351 00:18:41,200 --> 00:18:46,639 Speaker 1: necessarily unless it kind of corresponds with UH, finance and technology. 352 00:18:46,640 --> 00:18:48,600 Speaker 1: We're looking at the intersection of those three things. But 353 00:18:49,800 --> 00:18:53,960 Speaker 1: looking at that, we saw that the mood is really 354 00:18:54,160 --> 00:19:00,199 Speaker 1: shifting towards some stories that were being broken about the 355 00:19:00,280 --> 00:19:05,439 Speaker 1: Biden family, specifically maybe the Biden crime syndicate family. And 356 00:19:05,440 --> 00:19:07,880 Speaker 1: it's not a story that I typically jump into, especially 357 00:19:07,920 --> 00:19:10,600 Speaker 1: because of the amount of censorship that's been around this, 358 00:19:11,280 --> 00:19:16,199 Speaker 1: but it's interesting to see how this whole landscape is 359 00:19:16,280 --> 00:19:19,200 Speaker 1: shifting by a couple of things. And I think one 360 00:19:19,560 --> 00:19:26,120 Speaker 1: is that trum or Twitter has now been taken over 361 00:19:26,240 --> 00:19:30,200 Speaker 1: by Elon Musk, and he took it over privately. So 362 00:19:30,480 --> 00:19:36,520 Speaker 1: Twitter was a publicly held corporation, and even though Jack Dorsey, 363 00:19:36,560 --> 00:19:40,159 Speaker 1: the founder, was still the CEO, I believe he owned 364 00:19:40,200 --> 00:19:42,040 Speaker 1: like less than five percent of the company and he 365 00:19:42,119 --> 00:19:46,080 Speaker 1: wasn't really able to affect any change. And that's kind 366 00:19:46,080 --> 00:19:47,360 Speaker 1: of the way it is when you have these big, 367 00:19:47,359 --> 00:19:51,840 Speaker 1: publicly traded companies. Um, there's just so much bureaucracy. And 368 00:19:51,880 --> 00:19:54,600 Speaker 1: so Elon Musk took it over and made it private, 369 00:19:55,000 --> 00:19:58,240 Speaker 1: and now he's enacting massive amounts of change in a 370 00:19:58,440 --> 00:20:01,120 Speaker 1: very very very short amount of time. Now there's all 371 00:20:01,119 --> 00:20:03,120 Speaker 1: types of good things and bad things in that, I'm sure, 372 00:20:03,200 --> 00:20:06,280 Speaker 1: and neither neither of us me or nor you listening 373 00:20:06,560 --> 00:20:09,320 Speaker 1: I really know the intricacies of this, the ins and outs. Um, 374 00:20:09,400 --> 00:20:11,399 Speaker 1: even if you worked at Twitter and we're maybe one 375 00:20:11,400 --> 00:20:13,800 Speaker 1: of the people fired or subject to this, you maybe 376 00:20:13,800 --> 00:20:16,320 Speaker 1: don't even understand this because these these complexes, these are 377 00:20:16,359 --> 00:20:18,880 Speaker 1: complex issues. But what we do know is that things 378 00:20:18,920 --> 00:20:21,840 Speaker 1: are happening very very fast, and not just within Twitter. 379 00:20:21,880 --> 00:20:26,440 Speaker 1: But I believe in the greater um information space overall, 380 00:20:26,960 --> 00:20:32,119 Speaker 1: and so we're seeing things happening. So for example, one, uh, 381 00:20:32,200 --> 00:20:35,119 Speaker 1: Elon musk Man, he is uh, he's definitely a character 382 00:20:35,640 --> 00:20:38,639 Speaker 1: and he let me let me just state for the record, 383 00:20:38,760 --> 00:20:42,040 Speaker 1: I've never been a big Elon musk fan. Uh, mostly 384 00:20:42,080 --> 00:20:45,280 Speaker 1: because of the business side of things, specifically in regards 385 00:20:45,280 --> 00:20:50,520 Speaker 1: to Tesla and Solar City. Um, but I have been 386 00:20:51,000 --> 00:20:54,720 Speaker 1: enjoying watching him on Twitter because he is just like 387 00:20:54,800 --> 00:20:57,560 Speaker 1: the ultimate troll. A troll is like when you just 388 00:20:57,640 --> 00:20:59,320 Speaker 1: kind of make fun of people and things like that, 389 00:20:59,440 --> 00:21:02,800 Speaker 1: and he can troll with the best of them, if 390 00:21:02,840 --> 00:21:06,240 Speaker 1: not the best of them. Maybe he's got somebody on 391 00:21:06,280 --> 00:21:08,320 Speaker 1: his staff help with him. I don't know, but I 392 00:21:08,359 --> 00:21:12,000 Speaker 1: mean his meme game is like on point, and he 393 00:21:12,160 --> 00:21:14,919 Speaker 1: almost seems to be everywhere all times, like commenting on 394 00:21:14,960 --> 00:21:18,919 Speaker 1: all types of people's um, you know post and I 395 00:21:18,960 --> 00:21:22,240 Speaker 1: saw this week one that just got me so it 396 00:21:22,320 --> 00:21:26,439 Speaker 1: was just so funny. Basically, CBS basically came out and 397 00:21:26,440 --> 00:21:29,960 Speaker 1: said that they can't they can't trust Twitter anymore. Twitter 398 00:21:30,000 --> 00:21:32,240 Speaker 1: is too dangerous. Let's see if I can find the 399 00:21:32,320 --> 00:21:36,920 Speaker 1: exact tweet. Uh. Yeah, CBS News came out and said 400 00:21:36,960 --> 00:21:40,800 Speaker 1: that they're going to suspend all Twitter activity due to 401 00:21:41,000 --> 00:21:46,159 Speaker 1: uncertainty with Elon Musk's new leadership. Fearful, they said, of 402 00:21:46,200 --> 00:21:49,439 Speaker 1: the uncertainty surrounding Elon must management on Twitter. CBS News 403 00:21:49,480 --> 00:21:52,480 Speaker 1: announced that it would be suspending its usage of the 404 00:21:52,600 --> 00:21:57,800 Speaker 1: social media site. Oh no, um. And then what was 405 00:21:57,840 --> 00:22:01,080 Speaker 1: funny is they came out and said that, and then 406 00:22:01,160 --> 00:22:04,640 Speaker 1: not more than twenty four hours later they came back 407 00:22:04,680 --> 00:22:07,080 Speaker 1: and reversed that, and they said, well, you know what 408 00:22:07,400 --> 00:22:11,119 Speaker 1: on on on other news. Um, you know, we're gonna 409 00:22:11,119 --> 00:22:13,879 Speaker 1: we're gonna stay on Twitter, but we're going to you know, 410 00:22:13,920 --> 00:22:16,720 Speaker 1: we're gonna observe, We're gonna watch, We're gonna see what happens. 411 00:22:17,080 --> 00:22:19,639 Speaker 1: And Elon Must put out a picture it was like 412 00:22:20,080 --> 00:22:22,320 Speaker 1: I don't know, like Brokeback Mountain or something like that, 413 00:22:22,920 --> 00:22:25,600 Speaker 1: UM with like him with like a cowboy hat on 414 00:22:25,880 --> 00:22:28,000 Speaker 1: and like someone else like hugging around his neck and 415 00:22:28,040 --> 00:22:30,520 Speaker 1: he said like CBS, I can't quit me or something 416 00:22:30,560 --> 00:22:34,920 Speaker 1: like that, which was just like I said, he can 417 00:22:34,960 --> 00:22:36,800 Speaker 1: just troll with the best of them. You know. The 418 00:22:36,800 --> 00:22:39,359 Speaker 1: thing with CBS is like they had to announce to 419 00:22:39,400 --> 00:22:42,359 Speaker 1: the world that they were going to leave, and everybody cared. 420 00:22:42,600 --> 00:22:47,600 Speaker 1: CBS News has eight point eight million followers or subscribers 421 00:22:47,600 --> 00:22:51,119 Speaker 1: on Twitter, but when I scrolled through Twitter, it looks 422 00:22:51,160 --> 00:22:55,640 Speaker 1: like their posts get about a hundred likes on average, 423 00:22:57,520 --> 00:22:59,800 Speaker 1: maybe less even. I mean a lot of them get 424 00:23:00,000 --> 00:23:03,240 Speaker 1: a less Um yeah, I mean I would say they 425 00:23:03,280 --> 00:23:07,199 Speaker 1: get less than a hundred likes on their posts. With 426 00:23:07,440 --> 00:23:12,080 Speaker 1: over eight million followers, it's like legacy media has a 427 00:23:12,119 --> 00:23:17,440 Speaker 1: place on Twitter, but nobody cares like they post they 428 00:23:17,480 --> 00:23:19,040 Speaker 1: followed them. A lot of people probably haven't gone through 429 00:23:19,080 --> 00:23:22,320 Speaker 1: and unfollowed him. Um, but they're getting less than a 430 00:23:22,400 --> 00:23:25,639 Speaker 1: hundred likes. Now my Twitter account, which is nowhere near that, 431 00:23:25,680 --> 00:23:28,560 Speaker 1: I'm about just over a hundred thousand subscribers, which, by 432 00:23:28,600 --> 00:23:30,440 Speaker 1: the way, if you're not following me on Twitter, you should. 433 00:23:30,440 --> 00:23:32,119 Speaker 1: I put a lot of play by play information on 434 00:23:32,119 --> 00:23:34,160 Speaker 1: there every day. It's just the one Mark Moss at 435 00:23:34,359 --> 00:23:37,680 Speaker 1: one Mark Moss. But I have I have about a 436 00:23:37,760 --> 00:23:41,439 Speaker 1: hundred thousand followers, and I'm probably getting like double the 437 00:23:41,480 --> 00:23:44,680 Speaker 1: engagement rate, if not triple the engagement rate on average 438 00:23:44,680 --> 00:23:47,240 Speaker 1: that they are. Um. So they came out and said, Hey, 439 00:23:47,280 --> 00:23:49,679 Speaker 1: we're going to uh, you know, we're gonna suspend it 440 00:23:49,720 --> 00:23:52,439 Speaker 1: because it's it's so dangerous and then like less than 441 00:23:52,440 --> 00:23:55,200 Speaker 1: two days later, they're back and we're coming back, which 442 00:23:55,200 --> 00:23:57,040 Speaker 1: is a joke. But I think the bigger thing that 443 00:23:57,119 --> 00:24:01,119 Speaker 1: I kind of want to highlight is that it's forcing 444 00:24:01,280 --> 00:24:05,440 Speaker 1: these news organizations to change the way they operate because 445 00:24:05,840 --> 00:24:08,960 Speaker 1: they're being called out in real time. Like the amount 446 00:24:09,000 --> 00:24:12,760 Speaker 1: of breaking news happening on Twitter happened so fast because 447 00:24:12,760 --> 00:24:17,280 Speaker 1: it's like it's crowdsourced information and these centrally controlled news 448 00:24:17,440 --> 00:24:19,600 Speaker 1: organizations that used to be able to control the narrative 449 00:24:19,600 --> 00:24:24,879 Speaker 1: can no longer control the narrative. If if if they 450 00:24:24,920 --> 00:24:27,199 Speaker 1: come out and say something, they might say, hey, you 451 00:24:27,240 --> 00:24:31,920 Speaker 1: know there's a protest happening in Iran, for example, then uh, 452 00:24:31,960 --> 00:24:35,000 Speaker 1: they can say that they could show some pictures showing that, 453 00:24:35,640 --> 00:24:37,880 Speaker 1: but then all of a sudden, people on Twitter ago 454 00:24:38,000 --> 00:24:39,719 Speaker 1: with a minute, I'm here right now, and it's not 455 00:24:39,880 --> 00:24:43,800 Speaker 1: look like, here's pictures right. So they're not able to 456 00:24:43,880 --> 00:24:47,639 Speaker 1: control the nerve that the news information moves too fast. 457 00:24:47,720 --> 00:24:50,000 Speaker 1: And so a highlight of this this week has been 458 00:24:50,040 --> 00:24:54,040 Speaker 1: a big pivot is that seat back to CBS has 459 00:24:54,080 --> 00:24:56,720 Speaker 1: a massive pivot this week. I believe they are forced 460 00:24:56,720 --> 00:25:00,560 Speaker 1: to pivot this week because they came out big time 461 00:25:00,720 --> 00:25:05,720 Speaker 1: against the Hunter Biden laptop story. And if you remember, 462 00:25:06,200 --> 00:25:10,119 Speaker 1: right before the presidential election, the Hunter Biden laptop broke 463 00:25:11,040 --> 00:25:15,719 Speaker 1: and it's not about Hunter Biden, it's about the Biden family, 464 00:25:15,800 --> 00:25:19,560 Speaker 1: specifically Joe Biden's relationship within that. And all this information 465 00:25:19,600 --> 00:25:22,320 Speaker 1: came out on the about the laptop, and all the 466 00:25:22,320 --> 00:25:26,800 Speaker 1: news outlets censored it, including Facebook, including CBS, etcetera. Now 467 00:25:26,880 --> 00:25:29,440 Speaker 1: Mark Zuckerberg from Facebook went on Joe Rogan and said 468 00:25:29,480 --> 00:25:32,920 Speaker 1: he was told to censor it by the FBI. CBS 469 00:25:33,000 --> 00:25:38,320 Speaker 1: of course censored it, and now this week CBS confirms 470 00:25:38,680 --> 00:25:42,800 Speaker 1: the Hunter Biden laptop is real, seven sixty nine days 471 00:25:42,920 --> 00:25:45,399 Speaker 1: after The New York Post broke the story. Now you 472 00:25:45,480 --> 00:25:49,159 Speaker 1: might remember the New York Post had its account canceled 473 00:25:49,600 --> 00:25:53,920 Speaker 1: for even posting that story. Anybody that retweeted their their 474 00:25:53,960 --> 00:25:57,720 Speaker 1: story also had their account shut down just for even 475 00:25:57,760 --> 00:26:02,640 Speaker 1: saying it. And now here CBS News confirming that it's 476 00:26:02,680 --> 00:26:06,720 Speaker 1: all true. Now, why is CBS flip flopping? Why are 477 00:26:06,760 --> 00:26:09,879 Speaker 1: they pivoting? First, they're canceling their account now, they're not 478 00:26:09,960 --> 00:26:12,480 Speaker 1: canceling the account first, their sense or anyone who talks 479 00:26:12,480 --> 00:26:15,800 Speaker 1: about the laptop now they're not. And I believe this 480 00:26:15,880 --> 00:26:20,960 Speaker 1: is a symbol that shows how the centrally planned system 481 00:26:21,080 --> 00:26:25,080 Speaker 1: is breaking down. Decentralization is winning out. We're able to 482 00:26:25,080 --> 00:26:27,159 Speaker 1: share information, We're able to share ideas. We're able to 483 00:26:27,560 --> 00:26:31,160 Speaker 1: have free speech, which I think is the most important 484 00:26:31,200 --> 00:26:35,680 Speaker 1: bedrock of a free society. What separates humans from animals 485 00:26:35,720 --> 00:26:40,280 Speaker 1: is that humans can talk. Animals can't, and we can talk, 486 00:26:40,320 --> 00:26:41,760 Speaker 1: and we should be able to talk. We should be 487 00:26:41,800 --> 00:26:45,440 Speaker 1: able to share ideas, good ideas. The truth is found 488 00:26:45,560 --> 00:26:49,480 Speaker 1: through discussion. If something's a lie, it's gonna be very 489 00:26:49,560 --> 00:26:52,120 Speaker 1: quickly found out to be a lie. Everyone's gonna say, no, look, 490 00:26:52,160 --> 00:26:54,720 Speaker 1: here's the evidence. This is a lie, and if it's 491 00:26:54,720 --> 00:26:56,120 Speaker 1: the truth, it will be found to be the truth. 492 00:26:56,359 --> 00:27:00,240 Speaker 1: All this talk about hiding disinformation, they say that cutting 493 00:27:00,640 --> 00:27:03,439 Speaker 1: a man's tongue out does not prove him wrong. It 494 00:27:03,480 --> 00:27:07,400 Speaker 1: only proves you have something to hide. And so that's 495 00:27:07,440 --> 00:27:10,000 Speaker 1: what's happening. It's interesting to see it happening in real time. 496 00:27:10,359 --> 00:27:13,080 Speaker 1: CBS News has come around in just a couple of days, 497 00:27:13,119 --> 00:27:16,520 Speaker 1: they've confirmed the information of the Hunter Biden laptop story. 498 00:27:17,480 --> 00:27:19,920 Speaker 1: They've had to pivot and keep their account on Twitter 499 00:27:19,920 --> 00:27:21,760 Speaker 1: so they can stay relevant in the conversation even though 500 00:27:21,760 --> 00:27:24,600 Speaker 1: nobody cares about them anymore, and that is a massive 501 00:27:24,600 --> 00:27:27,040 Speaker 1: signpost to show the world is changing right before our 502 00:27:27,119 --> 00:27:29,080 Speaker 1: very eyes. You're listening to the Mark Mos Show talking 503 00:27:29,080 --> 00:27:31,440 Speaker 1: about the decentralized Revolution, talking about the way the world 504 00:27:31,480 --> 00:27:33,919 Speaker 1: is changing through the lens of politics, finance, and technology, 505 00:27:34,280 --> 00:27:35,760 Speaker 1: and that's what I got. Thanks for listening.