1 00:00:00,000 --> 00:00:02,840 Speaker 1: Hello, and welcome to another episode of The Mark Moss Show, 2 00:00:02,880 --> 00:00:06,160 Speaker 1: where we talk about each and every week the decentralized revolution, 3 00:00:06,200 --> 00:00:09,000 Speaker 1: how the world is changing right before our very eyes. 4 00:00:09,000 --> 00:00:11,760 Speaker 1: Of course, we look at it through lens of politics, finance, 5 00:00:12,119 --> 00:00:16,239 Speaker 1: and technology. Now, look, before we dig into this show, 6 00:00:16,320 --> 00:00:18,440 Speaker 1: I just want to say this. I should probably reiterate 7 00:00:18,480 --> 00:00:21,720 Speaker 1: it every single show, because we talk a lot about 8 00:00:22,440 --> 00:00:25,800 Speaker 1: bad things, things that are scary, things that are worrisome, 9 00:00:25,920 --> 00:00:29,160 Speaker 1: things that lead to massive uncertainty in this world, and 10 00:00:29,320 --> 00:00:32,640 Speaker 1: it can lead to a feeling of helplessness and hopelessness. 11 00:00:32,720 --> 00:00:36,239 Speaker 1: And why even bother. I see all the comments. I 12 00:00:36,320 --> 00:00:39,040 Speaker 1: love the comments. Keep send them to me, Hit me 13 00:00:39,120 --> 00:00:41,440 Speaker 1: up on social media at one Mark Moss, let me 14 00:00:41,440 --> 00:00:43,360 Speaker 1: know you're listening to the show. Let me know your concerns, 15 00:00:43,400 --> 00:00:46,159 Speaker 1: your questions, so I can address those here. But I 16 00:00:46,200 --> 00:00:48,800 Speaker 1: see them. I see these comments coming in, and people 17 00:00:48,840 --> 00:00:53,320 Speaker 1: are demoralized. Why should I even bother. I can't get ahead, 18 00:00:53,520 --> 00:00:56,560 Speaker 1: I don't stand a chance, I can't change the system, 19 00:00:56,640 --> 00:00:58,920 Speaker 1: and on and on and on. I see this all 20 00:00:58,960 --> 00:01:01,520 Speaker 1: the time. And so what I just want to reiterate 21 00:01:02,080 --> 00:01:04,800 Speaker 1: my perspective, and I want your perspective to be, is 22 00:01:04,840 --> 00:01:09,680 Speaker 1: that we're not victims. We can build the world we want, 23 00:01:10,000 --> 00:01:11,600 Speaker 1: but we just have to do it. We have to 24 00:01:11,600 --> 00:01:14,200 Speaker 1: be intentional about it. And so, UM, I don't go 25 00:01:14,319 --> 00:01:17,600 Speaker 1: through all these new stories and headlines and tell you 26 00:01:17,600 --> 00:01:20,000 Speaker 1: what's going on in the world, UM to scare you. 27 00:01:20,160 --> 00:01:22,960 Speaker 1: I don't do it to demoralize you, certainly not. That's 28 00:01:23,000 --> 00:01:24,679 Speaker 1: what they're trying to do. They want to demoralize you. 29 00:01:24,920 --> 00:01:27,280 Speaker 1: What I'm trying to do is empower you. I want 30 00:01:27,319 --> 00:01:30,080 Speaker 1: to educate you. I want to motivate you. I want 31 00:01:30,080 --> 00:01:34,120 Speaker 1: to show you what's happening and then provide context so 32 00:01:34,160 --> 00:01:35,840 Speaker 1: it helps you to understand what's going on in the 33 00:01:35,840 --> 00:01:39,000 Speaker 1: world today, more importantly, where the world is going, and 34 00:01:39,040 --> 00:01:42,400 Speaker 1: even more importantly than that, what you should be doing 35 00:01:42,520 --> 00:01:46,759 Speaker 1: about it. All right, So look, you know a lot 36 00:01:46,800 --> 00:01:49,480 Speaker 1: of people one of my guests I had on recently, 37 00:01:49,640 --> 00:01:51,680 Speaker 1: a lot of people, a lot of you, didn't like 38 00:01:51,760 --> 00:01:53,720 Speaker 1: that guest. I'm talking about Ryan dandam Ran. A lot 39 00:01:53,720 --> 00:01:55,560 Speaker 1: of a lot of you accused him of being that 40 00:01:55,640 --> 00:01:58,880 Speaker 1: you know, proverbial ostrich with his head in the sand. 41 00:01:59,480 --> 00:02:02,360 Speaker 1: And you know, sometimes I wish I was that person. 42 00:02:02,520 --> 00:02:04,880 Speaker 1: I've had that thought before, you know, in that in 43 00:02:04,920 --> 00:02:07,280 Speaker 1: the in the famous movie The Matrix. If you're too 44 00:02:07,280 --> 00:02:09,600 Speaker 1: young to have watched The Matrix, then you should still 45 00:02:09,639 --> 00:02:11,760 Speaker 1: go watch it because it's one of those classics. But 46 00:02:11,840 --> 00:02:14,160 Speaker 1: you know, that's where this red pill came from. And 47 00:02:14,840 --> 00:02:18,520 Speaker 1: Morpheus offered Neo a red pillar or a blue pill, 48 00:02:18,919 --> 00:02:21,680 Speaker 1: and you know, he woke them up out of the 49 00:02:21,720 --> 00:02:24,440 Speaker 1: Matrix and he offered Neo this red pillar blue pill, 50 00:02:24,440 --> 00:02:26,600 Speaker 1: and he said, if you take the red pill, you're 51 00:02:26,600 --> 00:02:29,360 Speaker 1: gonna remember everything. You're gonna know what's happening, and you're 52 00:02:29,400 --> 00:02:31,280 Speaker 1: gonna deal with that. If you take the blue pill, 53 00:02:32,480 --> 00:02:35,160 Speaker 1: you'll forget everything. You go back to sleep like nothing 54 00:02:35,160 --> 00:02:38,760 Speaker 1: ever happened. And sometimes I wish I didn't have the 55 00:02:38,760 --> 00:02:40,560 Speaker 1: red pill. Sometimes I wish I didn't know this, but 56 00:02:40,600 --> 00:02:43,480 Speaker 1: you can't unsee it once you've seen it. There are 57 00:02:43,480 --> 00:02:45,720 Speaker 1: a lot of people that go through life oblivious to this, 58 00:02:46,040 --> 00:02:48,080 Speaker 1: and they're just living their best life and they have 59 00:02:48,240 --> 00:02:50,480 Speaker 1: no idea what's going on. And so sometimes it's like, 60 00:02:50,480 --> 00:02:53,880 Speaker 1: maybe that'd be the preferable way, But I like to 61 00:02:53,880 --> 00:02:56,000 Speaker 1: say that the ostroge with the head in the sand 62 00:02:56,800 --> 00:02:59,560 Speaker 1: is still gonna get eaten. It doesn't help it. It 63 00:02:59,639 --> 00:03:04,400 Speaker 1: doesn't protected iron Rand would say that you can ignore reality, 64 00:03:04,919 --> 00:03:07,720 Speaker 1: but you can't ignore the consequences of reality, And so 65 00:03:07,919 --> 00:03:09,400 Speaker 1: we don't want to be oblivious. We want to know 66 00:03:09,440 --> 00:03:11,240 Speaker 1: what's going on. We want to pay attention, but not 67 00:03:11,440 --> 00:03:13,080 Speaker 1: just so we know, and we get all stressed out 68 00:03:13,080 --> 00:03:14,480 Speaker 1: and we get all worried about it. No, no, no, 69 00:03:14,480 --> 00:03:17,799 Speaker 1: no no. People say that knowledge is power, but that's 70 00:03:17,840 --> 00:03:24,200 Speaker 1: not true. Knowledge with action is power. Actionable knowledge is power. 71 00:03:24,360 --> 00:03:27,400 Speaker 1: Otherwise I mean, shoot, rather have ignorance is bliss. I 72 00:03:27,440 --> 00:03:31,239 Speaker 1: suppose if you're not gonna do anything about it, then 73 00:03:31,280 --> 00:03:35,000 Speaker 1: why even know the information in the first place? You know, um, 74 00:03:35,040 --> 00:03:37,040 Speaker 1: what is the serenity prayer? You know, God, give me 75 00:03:37,800 --> 00:03:40,000 Speaker 1: peace over the things I can control and not and 76 00:03:40,080 --> 00:03:42,520 Speaker 1: let go of the things I can't. Something like that, right, 77 00:03:42,520 --> 00:03:45,480 Speaker 1: And it's like what can we control? Like if I 78 00:03:45,760 --> 00:03:47,880 Speaker 1: can control it, if I can do something about it, 79 00:03:47,880 --> 00:03:50,160 Speaker 1: then I want to know. And if I can't, then 80 00:03:50,240 --> 00:03:52,760 Speaker 1: then maybe ignorance is bliss. But we know, I know 81 00:03:52,960 --> 00:03:56,760 Speaker 1: you know you're watching this, your red bill. I'm Morpheus 82 00:03:56,800 --> 00:03:59,120 Speaker 1: her Neo of giving you the red pill. You've woken up, 83 00:03:59,120 --> 00:04:01,760 Speaker 1: So now what are you just gonna sit there and 84 00:04:01,800 --> 00:04:03,680 Speaker 1: be worried about it? You're gonna be scared about it? 85 00:04:03,800 --> 00:04:06,400 Speaker 1: Or are you gonna do something about it? And so 86 00:04:06,440 --> 00:04:08,200 Speaker 1: as I like to kind of repeat over and over 87 00:04:08,200 --> 00:04:11,520 Speaker 1: and over. Uh, in the words of one of our 88 00:04:11,560 --> 00:04:14,480 Speaker 1: founding fathers, Samuel Adams, is that, um, you know, we 89 00:04:14,520 --> 00:04:17,440 Speaker 1: need to spread these brush fires, as we said, right, 90 00:04:17,480 --> 00:04:19,360 Speaker 1: spread the brush fires in the minds of man. That 91 00:04:19,400 --> 00:04:23,560 Speaker 1: means listen to this, but then think about it, Discuss it. 92 00:04:23,680 --> 00:04:26,480 Speaker 1: Discuss it with your wife, your husband, your boyfriend, your girlfriend, 93 00:04:26,520 --> 00:04:31,800 Speaker 1: your kids, your coworkers, your neighbors, your friends. Talk about it. 94 00:04:31,880 --> 00:04:35,200 Speaker 1: Discuss these ideas, Wrestle with them, get to know them, 95 00:04:35,279 --> 00:04:39,760 Speaker 1: talk them down into first principles, Ask why, what happens, 96 00:04:39,839 --> 00:04:42,279 Speaker 1: and then what happens, and then what happens, and then 97 00:04:42,320 --> 00:04:45,680 Speaker 1: what happened, and then what happened, second, third, fourth, fifth 98 00:04:45,800 --> 00:04:49,800 Speaker 1: order thinking, discuss and wrestle with them. Get to know them. 99 00:04:49,880 --> 00:04:52,520 Speaker 1: That's how we change. So it's not about just talking 100 00:04:52,520 --> 00:04:55,520 Speaker 1: about a bunch of bad things. It's about understanding what's 101 00:04:55,560 --> 00:04:58,320 Speaker 1: going on. So we can navigate this and not just 102 00:04:58,440 --> 00:05:01,160 Speaker 1: navigate it, but we can take advantage and we can 103 00:05:01,200 --> 00:05:06,360 Speaker 1: thrive on this. All problems, or I should say not all, 104 00:05:06,520 --> 00:05:10,080 Speaker 1: but solutions are supposed to come to problems. And I 105 00:05:10,080 --> 00:05:12,720 Speaker 1: say supposed to because today in this feat money world 106 00:05:12,720 --> 00:05:14,799 Speaker 1: that we live in, where you know, trillions of dollars 107 00:05:14,839 --> 00:05:18,479 Speaker 1: are being created, um and pretty much in the developed world, 108 00:05:18,480 --> 00:05:23,239 Speaker 1: in the United States and Europe, etcetera. In the developed world, Canada, etcetera, Australia, 109 00:05:23,600 --> 00:05:26,719 Speaker 1: we've pretty much taken care of every basic need and 110 00:05:26,760 --> 00:05:30,520 Speaker 1: every problem. And so now people are creating new problems. 111 00:05:30,760 --> 00:05:33,040 Speaker 1: Right now. You didn't call me by the right bro now, 112 00:05:33,120 --> 00:05:35,200 Speaker 1: and I'm all angry about it. I can tell you 113 00:05:35,279 --> 00:05:37,480 Speaker 1: in a third of world country, they don't care. There's 114 00:05:37,520 --> 00:05:39,520 Speaker 1: nothing you can say to somebody a third world country 115 00:05:39,520 --> 00:05:42,200 Speaker 1: that's gonna offend them because they have bigger problems to 116 00:05:42,200 --> 00:05:44,160 Speaker 1: worry about. They're trying to figure out, you know, how 117 00:05:44,200 --> 00:05:46,400 Speaker 1: to not get killed by their government for not putting something, 118 00:05:46,400 --> 00:05:48,320 Speaker 1: you know, face masks on or they're not They're trying 119 00:05:48,320 --> 00:05:50,840 Speaker 1: to figure out how to get a meal or not 120 00:05:51,000 --> 00:05:54,320 Speaker 1: have their kids die of hunger. Real problems. But you know, 121 00:05:54,320 --> 00:05:57,240 Speaker 1: in the United States, Canada, Australia, the world, Western, developed world, etcetera, 122 00:05:57,520 --> 00:06:00,599 Speaker 1: we're just creating problems. And even more importantly, like I said, 123 00:06:00,600 --> 00:06:03,800 Speaker 1: with this fiat money system, creating trillions of dollars. Now 124 00:06:03,839 --> 00:06:08,160 Speaker 1: it's trying to solve problems that don't need to be solved. 125 00:06:09,200 --> 00:06:11,440 Speaker 1: We don't need to figure out a way to to 126 00:06:11,440 --> 00:06:13,719 Speaker 1: to regulate people to call people by their pronouns. We 127 00:06:13,760 --> 00:06:15,680 Speaker 1: don't need to solve that. That's not a problem that 128 00:06:15,720 --> 00:06:18,039 Speaker 1: needs to be solved. But we do have problems. We 129 00:06:18,120 --> 00:06:22,359 Speaker 1: do have big, big problems, and we are supposed to 130 00:06:22,400 --> 00:06:26,440 Speaker 1: have solutions come to these problems, and that creates opportunity. 131 00:06:27,080 --> 00:06:29,839 Speaker 1: So no matter what's happening, no matter what problem we have, 132 00:06:30,120 --> 00:06:34,000 Speaker 1: there's opportunities that are created because of those problems. And 133 00:06:34,400 --> 00:06:37,280 Speaker 1: even better for you and I if we have our 134 00:06:37,320 --> 00:06:41,560 Speaker 1: eyes open, we're paying attention. The bigger the problem, then 135 00:06:41,600 --> 00:06:45,200 Speaker 1: the bigger the opportunity. So don't look at this as like, 136 00:06:45,200 --> 00:06:47,120 Speaker 1: oh my gosh, I'm scared of the moralized. I don't 137 00:06:47,120 --> 00:06:48,880 Speaker 1: want to do I can't get ahead, I can't get 138 00:06:49,000 --> 00:06:50,960 Speaker 1: you know, all these bad things are happening. No no, 139 00:06:50,960 --> 00:06:53,559 Speaker 1: no, no no, no no no no no. These all create 140 00:06:53,600 --> 00:06:57,039 Speaker 1: opportunities for us. So that's why we pay attention. That's 141 00:06:57,040 --> 00:06:59,040 Speaker 1: why we go through the news headlines, that's where we 142 00:06:59,080 --> 00:07:01,440 Speaker 1: see what's going on. That's why we look at it 143 00:07:01,600 --> 00:07:05,160 Speaker 1: through the three areas that we talk about each and 144 00:07:05,200 --> 00:07:09,320 Speaker 1: every week. We look at things through the lens of politics, finance, 145 00:07:09,600 --> 00:07:15,120 Speaker 1: and technology. We look for where those three merge. I 146 00:07:15,120 --> 00:07:17,680 Speaker 1: don't want to talk about politics for politics sake. I'm 147 00:07:17,680 --> 00:07:20,280 Speaker 1: not going to talk about redistricting the lines and how 148 00:07:20,280 --> 00:07:23,160 Speaker 1: they're going to change the electoral college. But I will 149 00:07:23,200 --> 00:07:27,320 Speaker 1: talk about the politics of the Omnibus Bill, for example, 150 00:07:27,360 --> 00:07:31,160 Speaker 1: because that now handles um not just politics, but the 151 00:07:31,200 --> 00:07:35,000 Speaker 1: politics of how we manage the finance, the markets, the money, 152 00:07:35,040 --> 00:07:37,960 Speaker 1: which of course then in turn half of that one 153 00:07:37,960 --> 00:07:41,440 Speaker 1: point seven shillion dollars went to Ukraine, which then destabilized 154 00:07:41,480 --> 00:07:45,760 Speaker 1: the entire geopolitical um landscape and changes us from a centralized, 155 00:07:45,800 --> 00:07:47,840 Speaker 1: unipolar world to a multiple of the world. So now 156 00:07:47,880 --> 00:07:50,280 Speaker 1: we have all three of these things happening, and that's 157 00:07:50,280 --> 00:07:51,840 Speaker 1: where we want to look at, and that's where we 158 00:07:51,840 --> 00:07:54,240 Speaker 1: pay attention because that's what affects our lives. That's where 159 00:07:54,240 --> 00:07:57,760 Speaker 1: we have UM, we have leverage. That's where we can 160 00:07:57,800 --> 00:08:00,760 Speaker 1: affect change and we can change our lives. We can 161 00:08:00,800 --> 00:08:05,840 Speaker 1: position ourselves to benefit from this information. And that's why 162 00:08:05,880 --> 00:08:07,120 Speaker 1: we do it now. Like I said, I like to 163 00:08:07,120 --> 00:08:09,600 Speaker 1: look at politics, finance, and technology, and the three really 164 00:08:09,640 --> 00:08:15,600 Speaker 1: work together. It's that politics drives finance, right, they all vote, 165 00:08:15,640 --> 00:08:17,720 Speaker 1: they pass a bill, let's dump one point seven shillion 166 00:08:17,760 --> 00:08:22,760 Speaker 1: dollars in the ecosystem. So politics changes the market, the economy, 167 00:08:22,960 --> 00:08:27,440 Speaker 1: the money. And then we have technology that solves the 168 00:08:27,440 --> 00:08:31,720 Speaker 1: problems that the market and the politics and the system demands. 169 00:08:32,760 --> 00:08:34,920 Speaker 1: And so all three of those work together. That's why 170 00:08:34,960 --> 00:08:37,800 Speaker 1: we talk about that the decentralized revolution. How the world 171 00:08:37,840 --> 00:08:41,160 Speaker 1: is changing, how it's going from a centralized world to 172 00:08:41,280 --> 00:08:43,880 Speaker 1: a decentralized world. It happens on about a two hundred 173 00:08:43,960 --> 00:08:47,200 Speaker 1: and fifty year time frame, like a pendulum that swings 174 00:08:47,240 --> 00:08:50,680 Speaker 1: back and forth. And of course it's always technology that 175 00:08:50,840 --> 00:08:54,640 Speaker 1: changes the world the most. Technology is what reshapes the world, 176 00:08:55,040 --> 00:08:59,120 Speaker 1: changes how we organize and how we manage ourselves. If 177 00:08:59,120 --> 00:09:01,240 Speaker 1: you're just tune in, I'm just finishing up a long ranch. 178 00:09:01,280 --> 00:09:03,240 Speaker 1: You're listening to the Mark Mo Show. We're talking about, 179 00:09:03,240 --> 00:09:05,920 Speaker 1: of course, the decentralized Revolution. And I went into a 180 00:09:05,920 --> 00:09:08,560 Speaker 1: long ranch explaining what that is and why it's important. 181 00:09:09,200 --> 00:09:12,400 Speaker 1: I'm gonna get into some of the biggest breaking news 182 00:09:12,520 --> 00:09:15,240 Speaker 1: headlines of the week to really drive these points home. 183 00:09:15,600 --> 00:09:17,720 Speaker 1: I got some big ones to cover this week some 184 00:09:17,760 --> 00:09:20,440 Speaker 1: big fireworks we've been happening. You don't want to miss this. 185 00:09:20,559 --> 00:09:22,600 Speaker 1: I'm gonna come back. I'm gonna cover these things and 186 00:09:22,600 --> 00:09:24,800 Speaker 1: put it in all the context so you know what's 187 00:09:24,800 --> 00:09:26,640 Speaker 1: coming next, well, what you should be doing it, and 188 00:09:26,720 --> 00:09:29,000 Speaker 1: most important that you can benefit from it. I'll be 189 00:09:29,080 --> 00:09:32,160 Speaker 1: right back. Don't go away, all right, welcome back. If 190 00:09:32,160 --> 00:09:34,120 Speaker 1: you're just tune in, you're listening to the Mark Moa Show, 191 00:09:34,160 --> 00:09:37,320 Speaker 1: and we're talking about the decentralized Revolution. I just filled 192 00:09:37,320 --> 00:09:39,640 Speaker 1: you in on what that means and what we're talking about. 193 00:09:39,880 --> 00:09:41,400 Speaker 1: And of course, like I said, we talked about it 194 00:09:41,480 --> 00:09:43,960 Speaker 1: through the lens of politics, finance, and technology. And the 195 00:09:44,040 --> 00:09:50,040 Speaker 1: technology that's changing the world right now is D centralization. 196 00:09:50,880 --> 00:09:54,959 Speaker 1: And we're talking about bitcoin, not cryptocurrency. We're talking about bitcoin. 197 00:09:55,400 --> 00:09:57,800 Speaker 1: All the other twenty thousand cryptocurrencies are trying to solve 198 00:09:57,840 --> 00:10:02,280 Speaker 1: something else. Bitcoin solved D centralization and it's changing the 199 00:10:02,280 --> 00:10:04,680 Speaker 1: world from a centralized world to a decentralized world. Now 200 00:10:05,080 --> 00:10:08,240 Speaker 1: I talk I've been talking about bitcoin publicly since it 201 00:10:08,320 --> 00:10:12,320 Speaker 1: was five. I started making videos. I think when bitcoin 202 00:10:12,400 --> 00:10:16,000 Speaker 1: was around seven hundreds or thousand dollars um. I was 203 00:10:16,040 --> 00:10:20,160 Speaker 1: talking about buying bitcoin at fifty dollars and it's sixty dollars. 204 00:10:20,160 --> 00:10:22,120 Speaker 1: And I've seen comments from you guys saying, oh, Mark, 205 00:10:22,440 --> 00:10:25,880 Speaker 1: you were talking about buying bitcoin at fifty now it's 206 00:10:25,880 --> 00:10:28,960 Speaker 1: stand I said, yeah, And I was also talking about 207 00:10:28,960 --> 00:10:30,679 Speaker 1: it at one thousand, and I'll be talking about it 208 00:10:30,720 --> 00:10:33,280 Speaker 1: when it's at a million two now. I do think 209 00:10:33,280 --> 00:10:37,360 Speaker 1: that the price is one of the least interesting aspects 210 00:10:37,360 --> 00:10:40,360 Speaker 1: of a new technology, any new technology, because it's the 211 00:10:40,360 --> 00:10:42,680 Speaker 1: technology that we're that's it's going to change the world, 212 00:10:42,720 --> 00:10:47,679 Speaker 1: that's important. You know, Facebook stock is down seventy Does 213 00:10:47,679 --> 00:10:51,280 Speaker 1: that mean Facebook doesn't work anymore? No? Facebook still works perfect. 214 00:10:51,720 --> 00:10:53,800 Speaker 1: And so just because bitcoin's prices down, does it mean 215 00:10:53,840 --> 00:10:58,000 Speaker 1: it's not censorship resistant, immutable money that's peer to peer, 216 00:10:58,080 --> 00:10:59,960 Speaker 1: that that gets you out of the grip of these 217 00:11:00,000 --> 00:11:03,160 Speaker 1: centralized institutions. No, it still works perfectly. It's still centers 218 00:11:03,240 --> 00:11:05,920 Speaker 1: of resistance, it's still immutable, it's still money that I 219 00:11:05,920 --> 00:11:08,840 Speaker 1: can control that nobody can manipulate. It's still digital cash, 220 00:11:09,320 --> 00:11:11,600 Speaker 1: it's still digital goal, it's still a Swiss Bank account 221 00:11:11,600 --> 00:11:13,520 Speaker 1: in my pocket. It's still all those things. Just like 222 00:11:13,559 --> 00:11:18,200 Speaker 1: Facebook still works fine when the stock is down, the 223 00:11:18,320 --> 00:11:22,120 Speaker 1: network is growing, the development on the network is growing, 224 00:11:22,120 --> 00:11:23,560 Speaker 1: and the price will take care of itself, and the 225 00:11:23,600 --> 00:11:26,760 Speaker 1: price is rallying hard. As a matter of fact, Bitcoin 226 00:11:26,800 --> 00:11:30,719 Speaker 1: has been in this very tight band for quite some time. 227 00:11:30,760 --> 00:11:33,240 Speaker 1: As a matter of fact, it's we we we you know, 228 00:11:33,280 --> 00:11:35,960 Speaker 1: it's it's known for its volatility, how much the price 229 00:11:36,000 --> 00:11:38,880 Speaker 1: swings up and down um. And we've been kind of 230 00:11:38,960 --> 00:11:41,640 Speaker 1: joking about bitcoin. It's been in such this tight price 231 00:11:41,760 --> 00:11:45,440 Speaker 1: range that it's almost like the stable coin, so to speak. 232 00:11:46,040 --> 00:11:49,680 Speaker 1: But not anymore. We've got some fireworks. Bitcoin is moving. 233 00:11:50,040 --> 00:11:54,360 Speaker 1: Bitcoin has been in this uh fifteen sixteen thousand dollar 234 00:11:54,440 --> 00:11:58,319 Speaker 1: price range all the way back to November of last year, 235 00:11:59,280 --> 00:12:01,760 Speaker 1: and it is opped. It's come up. As a matter 236 00:12:01,760 --> 00:12:04,640 Speaker 1: of fact, we did see a little kind of breath 237 00:12:04,679 --> 00:12:07,079 Speaker 1: of hope in December when it got up to about 238 00:12:07,080 --> 00:12:11,520 Speaker 1: eighteen thousand, uh quickly got back down into sixteen thousand again. 239 00:12:12,280 --> 00:12:15,280 Speaker 1: But now it is up. We've seen Bitcoin has popped 240 00:12:16,080 --> 00:12:21,120 Speaker 1: almost twenty percent. If we go back to kind of 241 00:12:21,160 --> 00:12:24,520 Speaker 1: where it really met, it's low was about fifteen five 242 00:12:25,200 --> 00:12:29,199 Speaker 1: in November, and we we have Bitcoin is up since 243 00:12:29,280 --> 00:12:32,840 Speaker 1: that time. That's at the time when you know the 244 00:12:32,920 --> 00:12:36,360 Speaker 1: NASADAC and the Dow and everything else else is still down. 245 00:12:36,600 --> 00:12:38,920 Speaker 1: And when bitcoin moves, lots of other things start moving. 246 00:12:39,000 --> 00:12:41,400 Speaker 1: So look at this, I mean there's some big moves here. 247 00:12:41,440 --> 00:12:46,080 Speaker 1: We got coin base, which is probably the oldest and 248 00:12:46,120 --> 00:12:50,200 Speaker 1: the largest bitcoin um place to buy bitcoin coin Base, Uh, 249 00:12:50,240 --> 00:12:52,800 Speaker 1: they are a publicly traded company. It's the ticker coin 250 00:12:53,280 --> 00:12:56,360 Speaker 1: and they are up forty four percent on the move. 251 00:12:56,960 --> 00:13:01,080 Speaker 1: And that's in uh oh, that's daily. I mean that's 252 00:13:01,120 --> 00:13:04,480 Speaker 1: in just a couple of days. That's since uh January six, 253 00:13:04,520 --> 00:13:09,400 Speaker 1: So in the last last week or so, the coin 254 00:13:09,440 --> 00:13:12,840 Speaker 1: based stock is up almost fifty percent. So when bitcoin 255 00:13:12,960 --> 00:13:17,400 Speaker 1: moves up, coin based stock jumped up almost fifty percent. 256 00:13:17,480 --> 00:13:19,720 Speaker 1: And it gets even better. Now there's a couple of 257 00:13:19,760 --> 00:13:23,920 Speaker 1: publicly traded bitcoin mining companies. One of them is called 258 00:13:24,120 --> 00:13:27,000 Speaker 1: Riot r I o T is their ticker, and just 259 00:13:27,080 --> 00:13:30,679 Speaker 1: in the last couple of days we've seen that just 260 00:13:30,920 --> 00:13:34,840 Speaker 1: with bitcoin pump as well. Since just in the last week, 261 00:13:35,240 --> 00:13:40,520 Speaker 1: we've seen Riot jump up eighty eight percent. Boom, that's 262 00:13:40,520 --> 00:13:43,560 Speaker 1: a big one. Now, obviously it's still way down. Don't 263 00:13:43,559 --> 00:13:46,000 Speaker 1: get me wrong. Um, if you had bought in at 264 00:13:46,000 --> 00:13:48,680 Speaker 1: the top, um, you know you're down. But if you 265 00:13:48,760 --> 00:13:50,760 Speaker 1: got in at the bottom of this bitcoin bounce, you're 266 00:13:50,800 --> 00:13:53,320 Speaker 1: up almost You've almost doubled your money in a week, 267 00:13:53,920 --> 00:13:57,440 Speaker 1: and that's not to be outdone. Mara is another really 268 00:13:57,480 --> 00:14:00,080 Speaker 1: big bitcoin mining company. Now. The reason why bit in 269 00:14:00,160 --> 00:14:03,520 Speaker 1: mining moves much bigger than bitcoin is the same reason 270 00:14:03,559 --> 00:14:07,439 Speaker 1: why gold miners moved much more than gold. If gold 271 00:14:07,480 --> 00:14:10,400 Speaker 1: goes from whatever it is, hundred bucks and ounce to 272 00:14:10,520 --> 00:14:12,640 Speaker 1: two thou dollars an ounce, cool, it went up bucks. 273 00:14:13,120 --> 00:14:15,440 Speaker 1: But if I'm a gold miner with a hundred million 274 00:14:15,520 --> 00:14:17,400 Speaker 1: ounces in the ground, so I went from a hundred 275 00:14:17,400 --> 00:14:20,160 Speaker 1: million ounces times two is different and same with the 276 00:14:20,160 --> 00:14:22,840 Speaker 1: bitcoin miners. It gives you leverage over that. We saw 277 00:14:22,960 --> 00:14:28,360 Speaker 1: Mara pump up um a hundred and twenty percent. You've 278 00:14:28,440 --> 00:14:31,360 Speaker 1: more than doubled your money if you were holding onto 279 00:14:31,360 --> 00:14:33,160 Speaker 1: one of these miners. It's good to see some life 280 00:14:33,160 --> 00:14:35,520 Speaker 1: coming back into the space. We need the bitcoin mining 281 00:14:35,520 --> 00:14:38,520 Speaker 1: in the ecosystem and it's important to have that now 282 00:14:38,760 --> 00:14:41,320 Speaker 1: as bitcoin and I've been talking about this for a while, 283 00:14:41,760 --> 00:14:44,600 Speaker 1: calling sixteen thousand in the bottom. Of course, we don't 284 00:14:44,640 --> 00:14:47,440 Speaker 1: know the bottom until we're looking backwards on it, but 285 00:14:47,480 --> 00:14:50,160 Speaker 1: there's dozens of reasons why I think it's the bottom. 286 00:14:50,560 --> 00:14:53,800 Speaker 1: I will say I do believe it's the bottom. However, 287 00:14:54,440 --> 00:14:58,240 Speaker 1: if and this is an if, if the market's overall 288 00:14:58,280 --> 00:15:00,840 Speaker 1: the dawn Aza, etcetera. If the mar gets crash again 289 00:15:00,880 --> 00:15:03,400 Speaker 1: and we see another thirty draw down, like a lot 290 00:15:03,440 --> 00:15:07,160 Speaker 1: of people think we might, then Bitcoin might also drop again. 291 00:15:07,440 --> 00:15:11,480 Speaker 1: It might the larger macro picture is certainly at play here, 292 00:15:12,040 --> 00:15:14,560 Speaker 1: but there's no certainty of that now. Um. With this, 293 00:15:14,640 --> 00:15:16,880 Speaker 1: like I said, the entire system is is is coming 294 00:15:16,880 --> 00:15:18,720 Speaker 1: back to life. And we saw El Salvador, which of 295 00:15:18,720 --> 00:15:21,600 Speaker 1: course as a nation, was the first nation to adopt 296 00:15:21,600 --> 00:15:24,200 Speaker 1: bitcoin as a legal tender. I've been down there in 297 00:15:24,240 --> 00:15:26,640 Speaker 1: El Savadoor many times and it's pretty cool. You can 298 00:15:26,640 --> 00:15:29,000 Speaker 1: go around spin in your bitcoin all around town. It's 299 00:15:29,000 --> 00:15:30,760 Speaker 1: really cool. It's brought a lot of hope, it's brought 300 00:15:30,760 --> 00:15:33,920 Speaker 1: a lot of prosperity to to El Salvador. And they 301 00:15:33,960 --> 00:15:38,600 Speaker 1: have a goal to pay back their debt by raising 302 00:15:38,680 --> 00:15:43,080 Speaker 1: money in bitcoin. They're calling it a volcano bond, and 303 00:15:43,120 --> 00:15:45,400 Speaker 1: they had originally wanted to put this volcano bond into 304 00:15:45,400 --> 00:15:49,240 Speaker 1: place in November of two one. Um, the problem is 305 00:15:49,240 --> 00:15:52,680 Speaker 1: is that you know, between the bitcoin price selling off, um, 306 00:15:52,720 --> 00:15:55,080 Speaker 1: they decided to kind of hold that back. They wanted 307 00:15:55,080 --> 00:15:59,680 Speaker 1: to raise one billion dollars in these bitcoin back bonds UM, 308 00:15:59,720 --> 00:16:02,840 Speaker 1: so they wanted to launch it in March two. They 309 00:16:02,880 --> 00:16:07,080 Speaker 1: postponed it, but the Digital Assets Bill was finally introduced 310 00:16:07,080 --> 00:16:10,000 Speaker 1: to the Legislator Assembly at the end of November two 311 00:16:10,360 --> 00:16:13,680 Speaker 1: and they just passed it. Sixty two people voted for it, 312 00:16:14,000 --> 00:16:17,280 Speaker 1: sixteen people voted against it, but it went through. And 313 00:16:17,280 --> 00:16:18,480 Speaker 1: what they're gonna do is they're going to create a 314 00:16:18,520 --> 00:16:21,360 Speaker 1: new token, a digital token that you could buy that 315 00:16:21,360 --> 00:16:23,680 Speaker 1: you're basically buying into the debt now when you buy 316 00:16:23,920 --> 00:16:27,240 Speaker 1: the they're raising this a billion dollars to pay down 317 00:16:27,240 --> 00:16:29,880 Speaker 1: its sovereign debt because they're on the hook with the 318 00:16:29,920 --> 00:16:32,840 Speaker 1: i m F, which doesn't like their bitcoin um operations. 319 00:16:33,120 --> 00:16:36,440 Speaker 1: They want to take money to start mining bitcoin in 320 00:16:36,520 --> 00:16:39,680 Speaker 1: El Salvador on the volcano, hence the name Volcano Bomb, 321 00:16:39,960 --> 00:16:41,760 Speaker 1: and they want to fund the construction of a new 322 00:16:41,880 --> 00:16:45,920 Speaker 1: bitcoin city in El Salvador, which is gonna be pretty cool. 323 00:16:45,960 --> 00:16:48,040 Speaker 1: So it's cool to see that going. And this is 324 00:16:48,080 --> 00:16:52,280 Speaker 1: exactly how the world changes through competition. We need to 325 00:16:52,280 --> 00:16:56,840 Speaker 1: see countries trying other things. Let them mine bitcoin on 326 00:16:56,880 --> 00:17:01,239 Speaker 1: their volcano celibate, a volcano bond, build out city, attract 327 00:17:01,360 --> 00:17:05,600 Speaker 1: new people, attract new investment capital, more entrepreneurs. And if 328 00:17:05,640 --> 00:17:07,520 Speaker 1: other nations see them doing that, there's a lot of 329 00:17:07,520 --> 00:17:10,280 Speaker 1: other places that have volcanoes. Maybe they'll do it and 330 00:17:10,280 --> 00:17:12,080 Speaker 1: they'll say, well, we have a volcano, we can do 331 00:17:12,119 --> 00:17:14,320 Speaker 1: it here. Why don't you guys come here and we'll 332 00:17:14,359 --> 00:17:17,800 Speaker 1: start to see the world reshift. Remember, technology is what 333 00:17:17,960 --> 00:17:21,560 Speaker 1: changes the way the world organized. This is very exciting stuff. 334 00:17:21,920 --> 00:17:25,960 Speaker 1: If you're not paying attention, hopefully you are now all right, 335 00:17:26,000 --> 00:17:28,720 Speaker 1: if you're just tuning in, we are listening to the 336 00:17:28,760 --> 00:17:31,560 Speaker 1: Mark Mos Show. Of course, we're talking about the decentralized revolution, 337 00:17:32,240 --> 00:17:34,000 Speaker 1: and we look at it through the linds of politics, finance, 338 00:17:34,040 --> 00:17:37,880 Speaker 1: and technology. This is it's all right. It's uh finance, 339 00:17:37,880 --> 00:17:40,240 Speaker 1: they're gonna pay off their bonds, and politics they voted 340 00:17:40,240 --> 00:17:42,679 Speaker 1: to pass it. It's technology, it's bitcoin, and it's going 341 00:17:42,720 --> 00:17:45,000 Speaker 1: to change the world. I got a lot more stories 342 00:17:45,040 --> 00:17:46,840 Speaker 1: to cover when I come back, some big ones you 343 00:17:46,840 --> 00:17:49,160 Speaker 1: don't want to miss. We're gonna talk about what's going 344 00:17:49,200 --> 00:17:51,840 Speaker 1: on in the economy here in the United States and 345 00:17:51,840 --> 00:17:54,440 Speaker 1: what to expect from the economy. We're gonna talk about 346 00:17:54,480 --> 00:17:56,919 Speaker 1: some of these big, big problems that happened this week 347 00:17:56,960 --> 00:18:00,120 Speaker 1: in the United States and what this means for society 348 00:18:00,440 --> 00:18:03,439 Speaker 1: UM overall. And then we're going to talk about um 349 00:18:03,560 --> 00:18:08,520 Speaker 1: some bigger things about the world shifting the geopolitical lens. 350 00:18:08,560 --> 00:18:10,400 Speaker 1: So you listening to the Mark Mascha will be back 351 00:18:10,400 --> 00:18:13,120 Speaker 1: with all of that in a minute. Don't go away, 352 00:18:13,200 --> 00:18:15,359 Speaker 1: I'll be right back. All right, Welcome back. If you're 353 00:18:15,400 --> 00:18:17,359 Speaker 1: just tuning in, you're listening to the Mark Moss Show. 354 00:18:17,359 --> 00:18:20,720 Speaker 1: We're talking about, of course, the decentralized Revolution. We're running 355 00:18:20,720 --> 00:18:24,320 Speaker 1: through the latest breaking news of this week, talking about 356 00:18:24,880 --> 00:18:28,359 Speaker 1: how the world is changing through the lens of politics, finance, 357 00:18:28,520 --> 00:18:31,280 Speaker 1: and technology. And there's a lot going on if we 358 00:18:31,400 --> 00:18:33,960 Speaker 1: if we look at just we'll jump into the United 359 00:18:34,000 --> 00:18:35,800 Speaker 1: States and then we'll go out to the broader world 360 00:18:35,840 --> 00:18:39,399 Speaker 1: to bring this onto perspective. But you know, while the 361 00:18:39,440 --> 00:18:43,720 Speaker 1: world is rapidly changing, the economy is struggling, and I 362 00:18:43,760 --> 00:18:45,720 Speaker 1: know a lot of people are concerned with this. We 363 00:18:45,760 --> 00:18:49,600 Speaker 1: saw massive laffs happening everywhere. Amazon laid OFFFS like seventeen 364 00:18:49,640 --> 00:18:55,600 Speaker 1: thousand people. UM. Layoffs are happening, businesses are falling, and 365 00:18:55,640 --> 00:18:58,960 Speaker 1: at the same time, prices are escalating. You know, We've 366 00:18:59,000 --> 00:19:00,800 Speaker 1: been talking about this inflation for a long time. I've 367 00:19:00,800 --> 00:19:03,080 Speaker 1: talked about it over and over and over. It's a 368 00:19:03,080 --> 00:19:08,080 Speaker 1: big deal, um. And supposedly, you know, it was transitory, right, 369 00:19:08,240 --> 00:19:11,480 Speaker 1: Supposedly they told us that it would be it would 370 00:19:11,480 --> 00:19:13,720 Speaker 1: be transitory, just be going away. It was just temporary. 371 00:19:14,160 --> 00:19:16,160 Speaker 1: And now of course they're celebrating it. Right. We see 372 00:19:16,560 --> 00:19:18,920 Speaker 1: the Federal Reserve and the government coming out, all right, 373 00:19:18,920 --> 00:19:20,639 Speaker 1: we brought prices down, you know, we got them from 374 00:19:20,720 --> 00:19:24,920 Speaker 1: nine down to seven percent inflation, which doesn't really tell 375 00:19:25,480 --> 00:19:27,919 Speaker 1: the truth at all. As a matter of fact, we 376 00:19:27,960 --> 00:19:29,960 Speaker 1: saw this week big news went around. You might have 377 00:19:30,080 --> 00:19:33,960 Speaker 1: seen that the cost of eggs has completely skyrocket. And 378 00:19:33,960 --> 00:19:35,919 Speaker 1: now I've heard from a lot of you that in 379 00:19:36,000 --> 00:19:37,560 Speaker 1: your store a lot of times you can't even get 380 00:19:37,600 --> 00:19:41,200 Speaker 1: the eggs. So there's eggs shortages happening everywhere. And of course, 381 00:19:41,440 --> 00:19:45,320 Speaker 1: supply and demand prices aren't hard to figure out. All 382 00:19:45,359 --> 00:19:47,680 Speaker 1: you gotta do is look at supply demand. So if 383 00:19:47,720 --> 00:19:52,040 Speaker 1: there's not enough eggs to meet the demand for the eggs, 384 00:19:52,359 --> 00:19:56,160 Speaker 1: what happens. Prices go up, shortages happen, things like that, 385 00:19:56,520 --> 00:19:59,400 Speaker 1: and that's exactly what happens. We've seen that it's really 386 00:19:59,440 --> 00:20:02,880 Speaker 1: taken a dawn into household budgets. I saw I posted 387 00:20:02,920 --> 00:20:06,080 Speaker 1: on my Instagram account a chart of the eggs. I mean, 388 00:20:06,119 --> 00:20:08,359 Speaker 1: it looks like this hockey stick going straight up, and 389 00:20:08,359 --> 00:20:12,320 Speaker 1: it was like, if you'd invested in eggs two years ago, 390 00:20:12,359 --> 00:20:14,439 Speaker 1: you'd be a millionaire something like that. Of course you 391 00:20:14,520 --> 00:20:16,880 Speaker 1: have a bunch of rotten eggs as well, but it's 392 00:20:16,920 --> 00:20:19,560 Speaker 1: just interesting to show you how fast that's gone up. 393 00:20:20,000 --> 00:20:24,440 Speaker 1: And we saw that just in December alone, the price 394 00:20:24,440 --> 00:20:28,400 Speaker 1: of eggs went up sixty from the year earlier, which 395 00:20:28,440 --> 00:20:31,520 Speaker 1: is a pretty big deal. So everyone's you know, praising 396 00:20:31,560 --> 00:20:33,959 Speaker 1: themselves for getting inflation down, but yet here eggs are 397 00:20:34,000 --> 00:20:35,920 Speaker 1: going through the roof and like I said, in some states, 398 00:20:35,960 --> 00:20:38,520 Speaker 1: it's hard to even find them. The problem with this 399 00:20:38,560 --> 00:20:43,439 Speaker 1: inflation is that it's steals your wealth, it's stills your life, 400 00:20:43,520 --> 00:20:46,240 Speaker 1: it's steals your purchasing power. So, um, you used to 401 00:20:46,240 --> 00:20:48,760 Speaker 1: be able to buy a dozen eggs for whatever, half 402 00:20:48,800 --> 00:20:51,480 Speaker 1: an hour of work, and now it takes let's say 403 00:20:51,560 --> 00:20:53,840 Speaker 1: one hour of work. Obviously it's not that much. I 404 00:20:53,840 --> 00:20:59,120 Speaker 1: think it's a four bucks or eggs and eggs was month. 405 00:21:00,080 --> 00:21:02,080 Speaker 1: I don't I don't buy eggs my wife goes to 406 00:21:02,160 --> 00:21:05,000 Speaker 1: the store. I'm not tuned into the price of eggs, 407 00:21:05,040 --> 00:21:08,000 Speaker 1: but about four bucks for eggs. So let's say that 408 00:21:08,520 --> 00:21:12,760 Speaker 1: you know it took you uh point uh an hour 409 00:21:12,880 --> 00:21:14,880 Speaker 1: to buy eggs, and now it takes you of an hour. 410 00:21:14,920 --> 00:21:16,960 Speaker 1: Either way, you have to work more, You have to 411 00:21:16,960 --> 00:21:19,280 Speaker 1: give up more of your lifetime, your life energy to 412 00:21:19,320 --> 00:21:24,000 Speaker 1: buy those same eggs. So by inflation going up, they've 413 00:21:24,040 --> 00:21:26,880 Speaker 1: stole your life. But even worse than that, even worse 414 00:21:26,880 --> 00:21:30,479 Speaker 1: to that. So it says here that um um some 415 00:21:30,560 --> 00:21:33,240 Speaker 1: store owners in New York, Grower store owner jose Philippe 416 00:21:33,440 --> 00:21:37,480 Speaker 1: Um said that he's seeing customers change their spending habits. 417 00:21:37,760 --> 00:21:40,520 Speaker 1: He says here, quote, I've seen customers gravitate from buying 418 00:21:40,680 --> 00:21:44,680 Speaker 1: organic eggs now to more conventional eggs or non organic. 419 00:21:44,760 --> 00:21:46,840 Speaker 1: So basically what people are doing is now they're not 420 00:21:46,920 --> 00:21:49,560 Speaker 1: buying as many eggs and they're eating something else in 421 00:21:49,600 --> 00:21:53,159 Speaker 1: its place, non organic eggs. Maybe they're going back to 422 00:21:53,160 --> 00:21:55,240 Speaker 1: their car bload and sugar load in the morning or 423 00:21:55,280 --> 00:21:57,280 Speaker 1: whatever it is. But so not only does it steal 424 00:21:57,320 --> 00:21:59,760 Speaker 1: your life where you have to work more hours just 425 00:21:59,800 --> 00:22:03,040 Speaker 1: to it the same thing, it's still in the quality 426 00:22:03,080 --> 00:22:06,320 Speaker 1: of your life now you're going from organic eggs to 427 00:22:06,800 --> 00:22:09,480 Speaker 1: non organic eggs, and now you're eating chickens that are 428 00:22:09,520 --> 00:22:13,560 Speaker 1: being fed seed oils and grains that are GMO, and 429 00:22:13,600 --> 00:22:16,320 Speaker 1: that ain't good for you. My good friend Dr Joe mccorla, 430 00:22:16,840 --> 00:22:19,320 Speaker 1: one of the leading you know doctors in the world 431 00:22:19,359 --> 00:22:22,679 Speaker 1: on holistic or functional medicine, he says, one of the 432 00:22:22,800 --> 00:22:25,440 Speaker 1: number one problems and one of the number one things 433 00:22:25,480 --> 00:22:26,840 Speaker 1: you can do for your health is to cut out 434 00:22:26,880 --> 00:22:29,320 Speaker 1: seed oils. And he said, chicken is really bad because 435 00:22:29,359 --> 00:22:31,320 Speaker 1: they eat all of this seed oil. And so you 436 00:22:31,320 --> 00:22:35,959 Speaker 1: want organic chicken, you want organic eggs, but nope, you're 437 00:22:35,960 --> 00:22:38,240 Speaker 1: just gonna go buy the cheap eggs and or or 438 00:22:38,240 --> 00:22:40,439 Speaker 1: you're gonna a substitute, like I said, with carb overload, 439 00:22:40,480 --> 00:22:42,639 Speaker 1: sugar overload in the morning, and think about what that 440 00:22:42,680 --> 00:22:44,040 Speaker 1: does to your health. So now that is it steal 441 00:22:44,080 --> 00:22:47,000 Speaker 1: your life, your time, It steals your quality of life 442 00:22:47,000 --> 00:22:50,600 Speaker 1: and your health. And you know, while they're praising that 443 00:22:50,760 --> 00:22:54,879 Speaker 1: inflation is going down. I've been very vocal on my 444 00:22:54,880 --> 00:22:57,159 Speaker 1: main YouTube channel. Just search Mark Moss on YouTube. I 445 00:22:57,160 --> 00:22:58,800 Speaker 1: make a bunch of videos, a couple of videos a week, 446 00:22:58,880 --> 00:23:01,520 Speaker 1: and I've been very vocal talk about how I believe 447 00:23:01,560 --> 00:23:03,840 Speaker 1: that inflation could be still some of the lowest will 448 00:23:03,880 --> 00:23:06,240 Speaker 1: see for the rest of the decade. So while inflation 449 00:23:06,320 --> 00:23:10,359 Speaker 1: is down a little bit for now, I don't believe 450 00:23:10,400 --> 00:23:12,239 Speaker 1: it's peaked for the decade. So I still think it's 451 00:23:12,240 --> 00:23:13,560 Speaker 1: gonna go higher. As a matter of fact, I saw 452 00:23:13,600 --> 00:23:17,840 Speaker 1: this article said seven reasons that high inflation isn't likely 453 00:23:17,920 --> 00:23:20,720 Speaker 1: to go away anytime soon. And of course, what's high 454 00:23:20,800 --> 00:23:24,440 Speaker 1: inflation to you? Right? What's high? Inflation? Five percent is high? 455 00:23:24,440 --> 00:23:27,200 Speaker 1: Inflation is supposed to be two percent, which is high. 456 00:23:27,240 --> 00:23:29,600 Speaker 1: It should be zero. The government wants it to be too, 457 00:23:29,600 --> 00:23:31,800 Speaker 1: So at five percent it's still more than a h 458 00:23:33,240 --> 00:23:35,200 Speaker 1: over what their goal is. I would consider that high. 459 00:23:35,480 --> 00:23:38,200 Speaker 1: And of course they've constantly changed the way they measure inflation. 460 00:23:38,480 --> 00:23:41,159 Speaker 1: In this article, it says that two thirds, more than 461 00:23:41,160 --> 00:23:44,280 Speaker 1: two thirds of the economists a big financial institutions UM 462 00:23:44,320 --> 00:23:47,520 Speaker 1: surveyed by the Wall Street Journal UM say that inflation 463 00:23:47,600 --> 00:23:51,520 Speaker 1: is likely to remain high. And and then if you 464 00:23:51,560 --> 00:23:54,720 Speaker 1: go back and you measure inflation the exact same way, 465 00:23:54,800 --> 00:23:58,680 Speaker 1: the exact same measurement they did in it actually would 466 00:23:58,720 --> 00:24:02,639 Speaker 1: put inflation at fift team point to three instead of 467 00:24:02,680 --> 00:24:05,200 Speaker 1: what the government claimed as seven point one percent, so 468 00:24:05,240 --> 00:24:07,280 Speaker 1: they constantly change it. So let's just go back to 469 00:24:07,320 --> 00:24:10,399 Speaker 1: the way they measured it then, because they're supposedly measuring 470 00:24:10,440 --> 00:24:12,840 Speaker 1: it right, it's the highest its been in forty years. Well, 471 00:24:13,000 --> 00:24:15,920 Speaker 1: but they keep changing it. So if we just go 472 00:24:16,040 --> 00:24:18,680 Speaker 1: back and measure it the way they did forty years ago, 473 00:24:18,880 --> 00:24:20,840 Speaker 1: or not even forty years ago, just in the eighties, 474 00:24:20,960 --> 00:24:22,680 Speaker 1: we have forty years ago. If we go back and 475 00:24:22,720 --> 00:24:25,440 Speaker 1: measure it that way, Man, I'm old. I didn't realize 476 00:24:25,440 --> 00:24:27,080 Speaker 1: how long it was. But if we go back and 477 00:24:27,119 --> 00:24:29,880 Speaker 1: measure it that way, we're not just the highest we've 478 00:24:29,880 --> 00:24:34,359 Speaker 1: ever been, We're way higher. It wasn't seven percent, it 479 00:24:34,480 --> 00:24:38,840 Speaker 1: was fifteen percent. Now, of course, Uh, I've mentioned all 480 00:24:38,880 --> 00:24:41,280 Speaker 1: the time, Milton Friedman. He says that inflation is always 481 00:24:41,280 --> 00:24:45,400 Speaker 1: an everywhere a monetary phenomenon, meaning that inflation is always 482 00:24:45,440 --> 00:24:49,720 Speaker 1: caused by government overspending. Now, if we look at it 483 00:24:49,760 --> 00:24:55,239 Speaker 1: from that perspective, it's always caused by government over spending. Well, 484 00:24:55,240 --> 00:24:56,600 Speaker 1: then we just have to look at the government spending. 485 00:24:56,680 --> 00:24:59,400 Speaker 1: Is the government spending gonna go down? Where they gonna 486 00:24:59,400 --> 00:25:02,080 Speaker 1: go up? Did they just pass a one point seven 487 00:25:02,119 --> 00:25:05,359 Speaker 1: trillion omnibus bill? Did they just have this debt seilling 488 00:25:05,400 --> 00:25:07,119 Speaker 1: limit increase where they said, let's not even have a 489 00:25:07,160 --> 00:25:09,840 Speaker 1: ceiling anymore, let's just have unlimited debt. So do you 490 00:25:09,880 --> 00:25:14,720 Speaker 1: think that spending goes down, because that's what's driving inflation 491 00:25:16,359 --> 00:25:20,879 Speaker 1: and political profiledy former US Federal Reserve member, and noted 492 00:25:20,920 --> 00:25:24,080 Speaker 1: that between two the Federal Reserve printed more than three 493 00:25:24,080 --> 00:25:27,960 Speaker 1: point five trillion in new bills. That was triple the 494 00:25:27,960 --> 00:25:29,920 Speaker 1: amount of money that the Fed created in its first 495 00:25:30,040 --> 00:25:36,320 Speaker 1: ninety five years of existence. That's how fast, um. And 496 00:25:36,359 --> 00:25:38,760 Speaker 1: so will they spend less now we have here's a 497 00:25:38,800 --> 00:25:42,400 Speaker 1: couple of reasons. They gave one COVID overspending continues, so 498 00:25:42,640 --> 00:25:45,119 Speaker 1: there's still relief bills were still in a state of emergency. 499 00:25:45,440 --> 00:25:48,920 Speaker 1: President Biden's extended that another ninety days. UM number two. 500 00:25:48,920 --> 00:25:51,840 Speaker 1: Democrats and Republicans recently went on even more inflationary spending, 501 00:25:51,840 --> 00:25:57,320 Speaker 1: bid binges, infrastructure bills, UM, the Chip bill UM. And now, 502 00:25:57,359 --> 00:26:00,679 Speaker 1: of course, now this big omnibus bill number three, Rebuild 503 00:26:00,720 --> 00:26:03,880 Speaker 1: Back Better Bankrupt, shoveled yet more out of the door 504 00:26:03,920 --> 00:26:06,760 Speaker 1: for years to come. So we spent all this money 505 00:26:06,800 --> 00:26:08,600 Speaker 1: on these jobs that we're supposed to be ready and 506 00:26:08,600 --> 00:26:11,760 Speaker 1: bring money back in the economy that's not there. Number four, 507 00:26:11,800 --> 00:26:15,000 Speaker 1: federal officials are destroying people's trust. I'm not sure what 508 00:26:15,040 --> 00:26:19,280 Speaker 1: that has to do with inflation, um well. And number 509 00:26:19,280 --> 00:26:21,719 Speaker 1: five why it will continue is because the US government 510 00:26:21,760 --> 00:26:25,920 Speaker 1: is bankrupt and they need to continue make printing money. 511 00:26:26,520 --> 00:26:28,800 Speaker 1: We have thirty one trillion dollars of debt, We're running 512 00:26:28,800 --> 00:26:31,680 Speaker 1: a two trillion dollar deficit um now with the Omnibus 513 00:26:31,720 --> 00:26:34,560 Speaker 1: builds and extra chillion dollars of deficits, and so they 514 00:26:34,600 --> 00:26:37,760 Speaker 1: have to continue to print money, and they use inflation 515 00:26:37,880 --> 00:26:40,920 Speaker 1: to hide that their bankrupts. So will continue see inflation 516 00:26:40,960 --> 00:26:46,359 Speaker 1: that way, um. And the number seven reason, the one 517 00:26:46,359 --> 00:26:50,240 Speaker 1: I agree with is the very people that caused this, 518 00:26:50,840 --> 00:26:55,159 Speaker 1: that did this, that pushed for this, they're still in charge. 519 00:26:55,880 --> 00:26:58,240 Speaker 1: We haven't done anything to change that. And so what 520 00:26:58,400 --> 00:27:02,520 Speaker 1: makes you think they're going to spend less money? Republican 521 00:27:02,600 --> 00:27:05,240 Speaker 1: or Democrat. Trump spent more money than any president before him, 522 00:27:05,400 --> 00:27:08,360 Speaker 1: Biden spending more money than Trump, every single president it's 523 00:27:08,359 --> 00:27:11,679 Speaker 1: not Republican or Democrat, they're all going to spend more money. 524 00:27:12,600 --> 00:27:15,199 Speaker 1: And they're still in charge. Now. If you're listening, if 525 00:27:15,200 --> 00:27:17,200 Speaker 1: you're just tuning in, you're listening to the Mark Moa Show. 526 00:27:17,200 --> 00:27:21,320 Speaker 1: We're talking about the decentralized revolution. Yes, I'm talking about inflation, 527 00:27:21,560 --> 00:27:25,080 Speaker 1: but inflation is what's breaking this world apart. It's the 528 00:27:25,240 --> 00:27:29,440 Speaker 1: financial revolution that's coming. The entire system is set to collapse. Um, 529 00:27:29,800 --> 00:27:32,320 Speaker 1: the first sovereign debt bubble collapsing in a hundred years. 530 00:27:32,359 --> 00:27:35,639 Speaker 1: We're witnessing right now. I got even more stories, some 531 00:27:35,720 --> 00:27:37,520 Speaker 1: big stories to cover when I come back to show 532 00:27:37,560 --> 00:27:39,639 Speaker 1: you how now it's spreading to the rest of the world. 533 00:27:39,720 --> 00:27:41,399 Speaker 1: I'm gonna cover all that and more when I come 534 00:27:41,400 --> 00:27:43,400 Speaker 1: back in a minute. You don't want to miss it, 535 00:27:43,440 --> 00:27:45,960 Speaker 1: so don't go away. I'll be right back, all right, 536 00:27:46,000 --> 00:27:47,879 Speaker 1: Welcome back. If you're just tuning in, you're listening to 537 00:27:47,920 --> 00:27:51,680 Speaker 1: the Mark Moss Show talking about the decentralized Revolution, running 538 00:27:51,680 --> 00:27:54,280 Speaker 1: through some of the biggest news headlines of the week. 539 00:27:54,880 --> 00:27:57,160 Speaker 1: As we look at the way the world is changing, 540 00:27:57,200 --> 00:27:59,840 Speaker 1: so we can be better positioned and better prepared for 541 00:27:59,840 --> 00:28:05,160 Speaker 1: the US and of course not confirmation bias, um, but 542 00:28:05,480 --> 00:28:07,760 Speaker 1: we want to continue to watch this and see how 543 00:28:07,760 --> 00:28:11,800 Speaker 1: it's going. Um. You know, looking at the world decentralizing, 544 00:28:12,840 --> 00:28:15,160 Speaker 1: we're really kind of at the end. And I mentioned 545 00:28:15,200 --> 00:28:17,800 Speaker 1: before the break at the end of this hundred year 546 00:28:18,600 --> 00:28:21,280 Speaker 1: a hundred of your sovereign debt bubble. And what happens 547 00:28:21,359 --> 00:28:25,240 Speaker 1: is at the end of the civilization, the world starts 548 00:28:25,240 --> 00:28:30,120 Speaker 1: breaking apart. The world starts breaking down. That's what happens. Um. 549 00:28:30,240 --> 00:28:32,000 Speaker 1: Just look at the fall of the Roman Empire or 550 00:28:32,040 --> 00:28:34,879 Speaker 1: any other empire, or the fall of the USSR Empire, etcetera. 551 00:28:35,160 --> 00:28:36,960 Speaker 1: And you know these nation states they get too big, 552 00:28:37,080 --> 00:28:39,600 Speaker 1: they get too much debt, they get too much decadence, 553 00:28:40,520 --> 00:28:43,600 Speaker 1: and they collapse. There's been several several pieces of work 554 00:28:43,640 --> 00:28:45,360 Speaker 1: done when they talk about like kind of the lifespan 555 00:28:45,400 --> 00:28:47,560 Speaker 1: of an empire or democracy is about two d and 556 00:28:47,600 --> 00:28:50,640 Speaker 1: fifty years UM. There's about six or eight stages that 557 00:28:50,680 --> 00:28:54,040 Speaker 1: it goes through before it eventually collapses. Uh. In the 558 00:28:54,080 --> 00:28:55,640 Speaker 1: in the fourth Turning, they've highlighted the kind of like 559 00:28:55,760 --> 00:28:58,120 Speaker 1: four cycles, and so we'll talking about four instead of eight. 560 00:28:58,320 --> 00:29:00,640 Speaker 1: And as you know, you've heard men many times and 561 00:29:00,760 --> 00:29:03,760 Speaker 1: other people as well, which is like, you know, hard 562 00:29:03,800 --> 00:29:06,600 Speaker 1: times create strong men. Strong men create good times. Good 563 00:29:06,640 --> 00:29:08,840 Speaker 1: times create weak men, and then those weak men create 564 00:29:09,320 --> 00:29:11,320 Speaker 1: hard times and then it repeats. Hard times create the 565 00:29:11,360 --> 00:29:13,320 Speaker 1: strong men. And so when you think about it like that, 566 00:29:13,600 --> 00:29:16,280 Speaker 1: these these uh, these these good times created weak men, 567 00:29:16,320 --> 00:29:18,719 Speaker 1: and the weak men have created really hard times now, 568 00:29:18,760 --> 00:29:22,680 Speaker 1: and so society starts breaking down everything. All the hard work, 569 00:29:22,760 --> 00:29:25,040 Speaker 1: the hard times that created the hard work that created 570 00:29:25,040 --> 00:29:29,160 Speaker 1: all the prosperity, then lead to decadence, and then it 571 00:29:29,240 --> 00:29:30,840 Speaker 1: leads to you know, if you if you go through 572 00:29:30,840 --> 00:29:34,520 Speaker 1: the eight stags, then it leads to um academia where 573 00:29:34,520 --> 00:29:36,280 Speaker 1: people just want to spend their time in think tanks 574 00:29:36,280 --> 00:29:40,720 Speaker 1: and philosophy and teaching nonproductive right. Um, then at least 575 00:29:40,720 --> 00:29:43,640 Speaker 1: the decadence where you're spending sixty eight million dollars on 576 00:29:43,680 --> 00:29:48,080 Speaker 1: a digital JPEG or eighteen million on digital invisible art, right, 577 00:29:48,440 --> 00:29:51,080 Speaker 1: or three hundred million on a yacht. Right, So at 578 00:29:51,120 --> 00:29:55,000 Speaker 1: least the decadence, um. And then it leads to dependence. Right. So, 579 00:29:55,040 --> 00:29:56,480 Speaker 1: now we have this rise of the U B I 580 00:29:56,600 --> 00:29:59,080 Speaker 1: and all these things, and what happens is we don't 581 00:29:59,160 --> 00:30:01,239 Speaker 1: we don't rein us into the things that got us 582 00:30:01,240 --> 00:30:03,280 Speaker 1: into success, since that's kind of where we're at today. 583 00:30:03,680 --> 00:30:07,000 Speaker 1: We don't have the skilled workers, were not building the manufacturing, 584 00:30:07,080 --> 00:30:09,040 Speaker 1: we're not servicing equipment we have, and we can see 585 00:30:09,040 --> 00:30:14,640 Speaker 1: it happening all over. This week we saw two massive 586 00:30:14,760 --> 00:30:20,440 Speaker 1: problems in the infrastructure that runs this country, just like 587 00:30:20,560 --> 00:30:22,520 Speaker 1: the fall of us is are just like the collapse 588 00:30:22,520 --> 00:30:26,360 Speaker 1: of Rome. The infrastructure breaks down. We saw amtrack the train. 589 00:30:27,200 --> 00:30:29,360 Speaker 1: There was a there was a train that was delayed 590 00:30:29,400 --> 00:30:34,000 Speaker 1: for thirty seven hours with passengers on it, and the 591 00:30:34,080 --> 00:30:39,480 Speaker 1: passengers started to call on one over fears they were 592 00:30:39,560 --> 00:30:43,840 Speaker 1: being held hostage. Is a real story, thirty seven hours 593 00:30:43,840 --> 00:30:47,560 Speaker 1: stranded in South Carolina, leaving passengers so panicked they were 594 00:30:47,600 --> 00:30:54,240 Speaker 1: calling believing they were being held hostage. Now, look, problems happen. 595 00:30:54,440 --> 00:30:58,560 Speaker 1: Things happen, you know, accidents happen, things break down, It happens. 596 00:30:59,280 --> 00:31:02,040 Speaker 1: But when it started happening all the time, when it 597 00:31:02,080 --> 00:31:04,720 Speaker 1: didn't used to happen, then you have to start to 598 00:31:04,760 --> 00:31:08,360 Speaker 1: ask why. Um, I've been flying for the last twenty years. 599 00:31:08,400 --> 00:31:11,840 Speaker 1: I fly a lot, you know, dozens of times a year. 600 00:31:12,360 --> 00:31:14,040 Speaker 1: I've been doing it for over twenty years or thirty 601 00:31:14,120 --> 00:31:15,760 Speaker 1: years now at this point, a long time, and I 602 00:31:15,800 --> 00:31:18,360 Speaker 1: still fly a lot, you know, once or twice a month, um. 603 00:31:18,400 --> 00:31:20,560 Speaker 1: And I can tell you that. And I've been telling 604 00:31:20,560 --> 00:31:23,160 Speaker 1: my kids over like the last two years, um, because 605 00:31:23,200 --> 00:31:25,280 Speaker 1: they're always so mad every time our our flights delayed, 606 00:31:25,320 --> 00:31:27,600 Speaker 1: which is basically all the time. Now you pretty much 607 00:31:27,600 --> 00:31:30,320 Speaker 1: can't fly without a flight being delayed anymore. And I said, kids, 608 00:31:30,640 --> 00:31:34,080 Speaker 1: pay attention to this, because this is the breakdown of society. 609 00:31:34,120 --> 00:31:37,160 Speaker 1: Remember how planes didn't used to And notice how it's 610 00:31:37,200 --> 00:31:39,560 Speaker 1: happening more and more, and we're trying to draw their attention. 611 00:31:39,560 --> 00:31:40,960 Speaker 1: So if it happens, right, I mean, there's there's a 612 00:31:40,960 --> 00:31:43,360 Speaker 1: million of reasons why it can happen. But when it 613 00:31:43,440 --> 00:31:46,440 Speaker 1: happens frequently, when it happens more and more, then you 614 00:31:46,520 --> 00:31:48,480 Speaker 1: have to start looking at this. And um, that was 615 00:31:48,480 --> 00:31:51,400 Speaker 1: on the train we saw this week also over sixty 616 00:31:51,520 --> 00:31:54,200 Speaker 1: four hundred flights were delayed. As a matter of fact, 617 00:31:54,280 --> 00:31:56,280 Speaker 1: my wife and daughter were getting on a plane to 618 00:31:56,320 --> 00:31:58,960 Speaker 1: fly and they got caught up in this. They couldn't 619 00:31:58,960 --> 00:32:01,840 Speaker 1: get on their flight, missed their connection flight. You know, 620 00:32:01,840 --> 00:32:05,880 Speaker 1: it's a disaster for everybody. This is the biggest disaster 621 00:32:06,200 --> 00:32:10,680 Speaker 1: in flights in the United States history, right after we 622 00:32:10,720 --> 00:32:14,959 Speaker 1: had just seen the previous biggest disaster in flights, and so, 623 00:32:15,040 --> 00:32:18,440 Speaker 1: like I said, stuff happens, but not the biggest in history. 624 00:32:18,600 --> 00:32:23,400 Speaker 1: Following directly after the previous biggest in history over delayed 625 00:32:23,440 --> 00:32:26,160 Speaker 1: flights in where happened thousands of flights have been delayed 626 00:32:26,200 --> 00:32:29,280 Speaker 1: or canceled. The Federal Aviation Administration the f A a 627 00:32:29,840 --> 00:32:34,040 Speaker 1: the government that can't do their job. The f A 628 00:32:34,040 --> 00:32:36,720 Speaker 1: announced early Wednesday morning that had experienced a Notice to 629 00:32:36,880 --> 00:32:42,440 Speaker 1: Air Missions System outage UM in A IN A N 630 00:32:42,480 --> 00:32:46,080 Speaker 1: O T A M not UM system. So they had 631 00:32:46,080 --> 00:32:49,440 Speaker 1: a problem the systems breaking down. It put up some 632 00:32:49,560 --> 00:32:52,560 Speaker 1: air and caused all the flights to get the lay 633 00:32:52,600 --> 00:32:55,280 Speaker 1: because they had to shut it down. Well, why what 634 00:32:55,400 --> 00:32:58,800 Speaker 1: happened with that system? Why is that system breaking down? 635 00:32:58,920 --> 00:33:01,200 Speaker 1: I mean we've been running for I don't know how long, 636 00:33:01,280 --> 00:33:04,760 Speaker 1: how long we've been doing f A uh sixty seventy 637 00:33:04,840 --> 00:33:08,320 Speaker 1: eight years, and now it's breaking down when everything else 638 00:33:08,400 --> 00:33:10,840 Speaker 1: is breaking down, when the government's breaking down, when the 639 00:33:10,880 --> 00:33:15,160 Speaker 1: government has their eye on something else other than what 640 00:33:15,240 --> 00:33:18,600 Speaker 1: their job is. Joe Biden orders, pete buoton dag. Pete 641 00:33:18,600 --> 00:33:22,800 Speaker 1: buoton dag. He is responsible for the f A. He's 642 00:33:22,840 --> 00:33:26,560 Speaker 1: he's the transportation. Second, he's responsible for the planes and 643 00:33:26,640 --> 00:33:30,920 Speaker 1: trains running on time. He's responsible for the semis and 644 00:33:30,960 --> 00:33:33,520 Speaker 1: the big rigs to deliver your products, and the planes 645 00:33:33,560 --> 00:33:37,400 Speaker 1: and trains. That's his job. Make sure the planes and 646 00:33:37,440 --> 00:33:41,440 Speaker 1: trains run on time and under his watch. We just 647 00:33:41,480 --> 00:33:45,600 Speaker 1: had the entire train system almost shut down over labor dispute. 648 00:33:45,600 --> 00:33:47,720 Speaker 1: President Biden had to step in and fix his job. 649 00:33:48,200 --> 00:33:52,560 Speaker 1: We've witnessed two of the largest disasters in federal aviation 650 00:33:53,320 --> 00:33:56,880 Speaker 1: just this in the last couple of months. That's his job. 651 00:33:57,600 --> 00:34:00,880 Speaker 1: We've watched supply chains breakdown, we're them we've ever seen 652 00:34:00,880 --> 00:34:05,520 Speaker 1: in history. That's his job. Now, Joe Biden orders Pete 653 00:34:05,520 --> 00:34:09,319 Speaker 1: butendog Federal Aviation Administration to turn system back on. Why 654 00:34:09,320 --> 00:34:11,120 Speaker 1: does he have to be ordered by the president. What 655 00:34:11,160 --> 00:34:13,560 Speaker 1: does the president even know about aviation? Why does he 656 00:34:13,560 --> 00:34:15,960 Speaker 1: have to be ordered? Why can't he just do his job? 657 00:34:16,400 --> 00:34:18,720 Speaker 1: The President directed d O t f A to restore 658 00:34:18,760 --> 00:34:24,080 Speaker 1: the system quickly and determine the causes. Biden's massive Biden's 659 00:34:24,120 --> 00:34:28,359 Speaker 1: massive infrastructure bill, signed just last year, invests only one 660 00:34:28,440 --> 00:34:32,680 Speaker 1: billion dollars for five years to upgrade the air traffic 661 00:34:32,719 --> 00:34:36,279 Speaker 1: control system. But the facilities are the nerve centers of 662 00:34:36,320 --> 00:34:38,799 Speaker 1: our entire aerospace system. It's a big part of the 663 00:34:38,800 --> 00:34:41,680 Speaker 1: reason why flying is the safest mode of transportation. But 664 00:34:41,800 --> 00:34:45,799 Speaker 1: yet they're not investing into it. We know it's the 665 00:34:45,840 --> 00:34:49,400 Speaker 1: software that caused the problem. There was an honest mistake. 666 00:34:49,520 --> 00:34:55,160 Speaker 1: Pete boutten Dog says, yeah. Meanwhile, it costs businesses, employees, travelers, 667 00:34:55,280 --> 00:34:58,960 Speaker 1: and the airline industry billions, tens of billions. Maybe I 668 00:34:58,960 --> 00:35:00,600 Speaker 1: don't know. We don't even you know how much it 669 00:35:00,640 --> 00:35:04,719 Speaker 1: cost tens of billions of dollars as a result of 670 00:35:04,800 --> 00:35:08,200 Speaker 1: this error. It was an error. Oh, I'm sorry, my bad. 671 00:35:09,360 --> 00:35:12,640 Speaker 1: According to Joe Biden's secretary Buddega, third investigation is required. 672 00:35:12,680 --> 00:35:14,680 Speaker 1: We're going to figure it out. He says, we're gonna 673 00:35:14,760 --> 00:35:18,239 Speaker 1: own it. We're gonna own it. Well, if you were 674 00:35:18,280 --> 00:35:21,719 Speaker 1: the CEO of a corporation, you'd be fired. That's how 675 00:35:21,760 --> 00:35:25,359 Speaker 1: you would own it. But he's too busy. He's too 676 00:35:25,360 --> 00:35:29,239 Speaker 1: busy dealing with l G B, t Q plus UM 677 00:35:29,440 --> 00:35:32,440 Speaker 1: and things like that. As a matter of fact, um 678 00:35:32,640 --> 00:35:36,240 Speaker 1: Rep Berry, more Republican from Alabama, said that the shutdown 679 00:35:36,280 --> 00:35:38,279 Speaker 1: is another example is that if if we go woke, 680 00:35:38,360 --> 00:35:43,319 Speaker 1: we go broke because the system, the knotam system. They 681 00:35:43,520 --> 00:35:46,759 Speaker 1: updated the system to change the name from notice to 682 00:35:46,960 --> 00:35:50,360 Speaker 1: Airmen to be more inclusive. The upgraded system to be 683 00:35:50,400 --> 00:35:53,280 Speaker 1: more inclusive, to make it notice to air missions instead 684 00:35:53,280 --> 00:35:56,160 Speaker 1: of air men, because that wasn't inclusive. Enough, so they 685 00:35:56,320 --> 00:35:58,239 Speaker 1: spent the time and the money and the effort to 686 00:35:58,320 --> 00:36:00,759 Speaker 1: change the wording to be more inclusive of but they 687 00:36:00,920 --> 00:36:07,040 Speaker 1: never actually fixed the system. Uh per per rt More, 688 00:36:07,160 --> 00:36:09,760 Speaker 1: he says, we have this antiquated air system in the country. 689 00:36:09,960 --> 00:36:12,919 Speaker 1: It's being subsidzed by taxpayers. We paid billions of dollars 690 00:36:12,960 --> 00:36:15,279 Speaker 1: out of our pockets to keep these airlines afloat, and 691 00:36:15,360 --> 00:36:20,080 Speaker 1: they can't figure this out. Look, I mean, it's outrageous. 692 00:36:20,280 --> 00:36:23,319 Speaker 1: Pot Boot Pete booton Dog should step down in uh 693 00:36:23,360 --> 00:36:25,560 Speaker 1: in this he should. He should hang his head in 694 00:36:25,680 --> 00:36:29,080 Speaker 1: shame for dropping the ball. He has one job and 695 00:36:29,120 --> 00:36:31,360 Speaker 1: he can't do it. But I'm not going to go 696 00:36:31,400 --> 00:36:35,319 Speaker 1: on that rant. The rant is we're witnessing the end 697 00:36:36,160 --> 00:36:39,440 Speaker 1: of the empire. That's what happens. They break down. They 698 00:36:39,520 --> 00:36:42,240 Speaker 1: can't keep the planes running, they can't keep the trains running, 699 00:36:42,600 --> 00:36:45,960 Speaker 1: and Pete boot and Dog can't shouldn't be able to 700 00:36:46,080 --> 00:36:47,640 Speaker 1: keep his job in the face of this, at least, 701 00:36:47,640 --> 00:36:49,480 Speaker 1: that's what I think. All right, if you're just tune in, 702 00:36:49,560 --> 00:36:51,920 Speaker 1: you're listening to the Mark Moa show talking about the 703 00:36:52,000 --> 00:36:55,399 Speaker 1: decentralized revolution, how the world is shifting right before our 704 00:36:55,560 --> 00:36:58,760 Speaker 1: very eyes as we go from a world of centralization 705 00:36:58,840 --> 00:37:03,120 Speaker 1: to decentralization and um and we're witnessing it happening in 706 00:37:03,239 --> 00:37:06,279 Speaker 1: real time. Hopefully these stories make some sense. Like I said, 707 00:37:06,360 --> 00:37:09,680 Speaker 1: not for not to scare you, but to empower you, 708 00:37:09,719 --> 00:37:11,319 Speaker 1: to show you what's coming next so you can be 709 00:37:11,320 --> 00:37:13,480 Speaker 1: ready and be prepared. That's what I got. Thanks so 710 00:37:13,520 --> 00:37:14,120 Speaker 1: much for listening.