WEBVTT - The Mark Moss Show - The End of Globalization?

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<v Speaker 1>Hey, everyone, Welcome to another episode of The Mark mo Show,

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<v Speaker 1>coming to you each and every week, breaking down what's

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<v Speaker 1>going on in the world, trying to explain what is

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<v Speaker 1>happening in the decentralized revolution, talking about the intersection of politics, finance,

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<v Speaker 1>and technology. Now a lot of people talking about politics,

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<v Speaker 1>a lot of people talking about finance, some people talking

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<v Speaker 1>about technology. But if you don't understand how they all

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<v Speaker 1>work together, then you don't understand the context of what

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<v Speaker 1>is going on in the world today, and more importantly,

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<v Speaker 1>the massive changes that the world is going through because

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<v Speaker 1>of those three things colliding. Now. I talk a lot

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<v Speaker 1>about the three revolutionary psychles. I'm talking about the political

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<v Speaker 1>revolution cycle on a two hundred and fifty year time frame,

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<v Speaker 1>the fifty year technological revolution cycle, and the eighty year

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<v Speaker 1>financial revolution cycle, and all three are converging right now

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<v Speaker 1>at the exact same time, which is of course why

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<v Speaker 1>we're seeing fireworks blowing up. And one of the things

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<v Speaker 1>that I've been talking about in my three cycles thesis

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<v Speaker 1>is that the world is going through a revolution, going

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<v Speaker 1>from centralization to decentralization, going from globalization or globalism back

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<v Speaker 1>into more of nationalism. I've been talking about this for

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<v Speaker 1>quite a while. You could just search if you have.

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<v Speaker 1>If you want to check into it, look at Mark

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<v Speaker 1>Moss three Cycles, three revolutionary cycles. Um, you'll find lots

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<v Speaker 1>of videos and podcast appearances. I've been on talking about this,

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<v Speaker 1>teaching about on my YouTube channel. I have about two

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<v Speaker 1>hours of content breaking this down, and that's what we're

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<v Speaker 1>talking about. And if you understand it from that lens,

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<v Speaker 1>then it starts to bring everything that's going on in

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<v Speaker 1>the world into more context. Larry Fink, who is one

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<v Speaker 1>of the he's the founder of black Rock, see of

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<v Speaker 1>black Rock, the largest asset manager in the world, sort

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<v Speaker 1>of a proxy for the Federal Reserve, if I might

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<v Speaker 1>say that, actually said just a few days ago that

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<v Speaker 1>he thinks that this Russia Ukraine war will be an

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<v Speaker 1>end to globalization, globalism. That's a big that's a big

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<v Speaker 1>thing for someone of his stature to say, and of

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<v Speaker 1>course it's exactly what I've been saying for the last

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<v Speaker 1>year and a half or so. Now we'll dig into this,

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<v Speaker 1>but each week we're talking about the convergence of these

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<v Speaker 1>three cycles, technology, politics, and finance. You have to understand

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<v Speaker 1>him in context. Now, obviously, this war in Russia Ukraine

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<v Speaker 1>is a catalyst. The pandemic was a catalyst, This war

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<v Speaker 1>is a catalyst. But these are not black swan events.

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<v Speaker 1>Black Swan events are things we didn't know they were coming.

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<v Speaker 1>Who could have ever known that was gonna happen? It

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<v Speaker 1>was a black swan, And a lot of people think

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<v Speaker 1>the pandemic was a black swan, Like who would have

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<v Speaker 1>known that some virus would just come up and just

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<v Speaker 1>shut the whole world down? Right? Who would know that? Well,

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<v Speaker 1>it wasn't so much the virus. It was the response

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<v Speaker 1>to the virus that was the problem. It was the

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<v Speaker 1>response to the virus to shut the whole world down.

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<v Speaker 1>It was the response to the virus that locked people

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<v Speaker 1>in their homes and shut businesses down, all those things.

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<v Speaker 1>It wasn't the virus, it was the response. And again

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<v Speaker 1>history would have shown us because we're at peak centralization,

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<v Speaker 1>peak globalization, um, peak government's controlling every aspect of your

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<v Speaker 1>lives with a light switch. Um. So that's kind of

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<v Speaker 1>where we're app and so history would have told us this,

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<v Speaker 1>And history would also tell us that a war with

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<v Speaker 1>the rescue Ukraine would be causing this problem right now

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<v Speaker 1>at this time. It's interesting how that works. Isn't it.

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<v Speaker 1>So we'll dig more into that. But, like I said,

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<v Speaker 1>the end of globalism as we know what I've been

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<v Speaker 1>calling for, what we call the blow off top, the

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<v Speaker 1>blow off top of globalization or centralization. And what a

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<v Speaker 1>blow off top is in a financial market if you're

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<v Speaker 1>looking at UM for example, go back. If we're looking

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<v Speaker 1>at the markets in the two thousands of the dot

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<v Speaker 1>com boom and so um through the through the nineties,

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<v Speaker 1>mid nineties, especially from and accelerated into the year two

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<v Speaker 1>thousand and by, the markets were going parabolic, like almost

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<v Speaker 1>straight up as they were sucking more and more people

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<v Speaker 1>in coming in to get rich. I heard everybody making

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<v Speaker 1>all this money in these crazy things called internet stocks,

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<v Speaker 1>and I want to get rich and internet stocks and

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<v Speaker 1>sucks all these people in, and as and and as

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<v Speaker 1>more people come in, the prices go up, even hiring

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<v Speaker 1>his price scope even hire. More people get sucked in,

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<v Speaker 1>and it's this kind of cycle. And at the very

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<v Speaker 1>top it's kind of starting to run out of people.

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<v Speaker 1>It sucked everybody and that's going to come in. And

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<v Speaker 1>the top it's very volatile, very frothy. It goes up

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<v Speaker 1>and down, up and down, up and down, very volatile

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<v Speaker 1>and then boom crashes. It's a blow off top and

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<v Speaker 1>it crashes down. And part of the reason why it

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<v Speaker 1>crashes down because all those people that got sucked in

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<v Speaker 1>at the very top, we're what we'd call the weekends, meaning, um,

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<v Speaker 1>they didn't buy with real conviction, thinking that Amazon was

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<v Speaker 1>going to be the leader in this new world called

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<v Speaker 1>e commerce. Of course we didn't have e commerce back then. Um,

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<v Speaker 1>they didn't. They didn't come in with that conviction. They

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<v Speaker 1>came in going, Hey, my buddy said, I can get rich,

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<v Speaker 1>and I'm just gonna buy it. And so what happens

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<v Speaker 1>when the market sells off all those people the weekends

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<v Speaker 1>They sell first, and they sell fast, which is why

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<v Speaker 1>the market dumps really fast, and it causes more and

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<v Speaker 1>more selling. And so I've been calling for the blow

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<v Speaker 1>off top of centralization. Where the world the pendulum, I

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<v Speaker 1>like to say, the pendulum has been swinging towards centralization

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<v Speaker 1>more and more and more. Hey, government, um, would you

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<v Speaker 1>just take care of health care for us? Could you

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<v Speaker 1>just take care of retirement for us? With retirement by

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<v Speaker 1>the first thing, right, take care of retirement for us?

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<v Speaker 1>And how about take care of health care for us?

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<v Speaker 1>And Hey, how about take care of education for us?

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<v Speaker 1>And how about just take care of everything for us? Right,

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<v Speaker 1>And so we just assigned more and more and more

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<v Speaker 1>to the nanny state, and it continues to grow, grow, grow, grow, grow,

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<v Speaker 1>grow bigger, bigger, bigger, more and more centralized, until it

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<v Speaker 1>sucked almost everybody in at the top. It becomes very volatile,

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<v Speaker 1>like right now, which is why pre pandemic December two

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<v Speaker 1>thousand nineteen, there was ten countries with over one million

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<v Speaker 1>people each in the streets protesting. Now this is pre pandemic.

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<v Speaker 1>They were already ten countries with millions of people in

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<v Speaker 1>the in the streets protesting. It's not about the pandemic,

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<v Speaker 1>it's about the centralization. And this is only continuing. It's

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<v Speaker 1>very frothy at the top. It's very volatile. We're seeing

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<v Speaker 1>it right now. And Russia and Ukraine is sort of

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<v Speaker 1>almost this catalyst that's really kind of bringing an end

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<v Speaker 1>to this. And as I said, Larry Fink from Black

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<v Speaker 1>Crock said, this could be the end of globalism. So

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<v Speaker 1>it's a big deal. It's going to change the world

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<v Speaker 1>as we know it. But how do we navigate this

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<v Speaker 1>on a regular basis? Now it's causing all different types

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<v Speaker 1>of problems, um, that you're aware of by now. As

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<v Speaker 1>a matter of fact, apparently gas prices is the fault

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<v Speaker 1>of Putin and the Russia Ukraine War, apparently, UM. And

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<v Speaker 1>I know everybody's been feeling that pain at the pump now.

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<v Speaker 1>I have talked to a few people. We're like, Mark,

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<v Speaker 1>it doesn't matter to me. I don't have a car.

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<v Speaker 1>What do I care? Well, you have no idea how

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<v Speaker 1>the system works to you, because oil energy gas is

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<v Speaker 1>the lifeblood of the entire economy. Even if you don't

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<v Speaker 1>have a car and you don't drive, well, how does

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<v Speaker 1>your food get to the grocery store? Right? How did

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<v Speaker 1>your food get to the grocery store? Gas, or we

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<v Speaker 1>call it oil energy, is the lifeblood of the system.

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<v Speaker 1>And so everybody's feeling the pain. If you're not feeling

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<v Speaker 1>at the pump because you don't have a car, you're

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<v Speaker 1>feeling it somewhere else for sure. And it's gotten so

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<v Speaker 1>bad that we are seeing now in California, where I'm

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<v Speaker 1>recording from right now, our great leader, Gavin Newsom has

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<v Speaker 1>decided to send out a check to everybody, which sounds

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<v Speaker 1>pretty good. Why not why not send a check out?

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<v Speaker 1>I like that. I didn't get any checks through the

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<v Speaker 1>a couple of rounds of stimulus, didn't. I guess if

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<v Speaker 1>you make more than seventy five dollars, you're rich and

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<v Speaker 1>you've got no money now in California doesn't mean too much,

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<v Speaker 1>especially in southern California. But uh, nevertheless, Um, this one

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<v Speaker 1>appears that everybody with a car, it's gonna get one.

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<v Speaker 1>And I like that. Uh so maybe maybe I'll get

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<v Speaker 1>a check. We'll see. But what's interesting is, um, again, centralization,

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<v Speaker 1>central planning. The government has to do something right now.

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<v Speaker 1>The government has to do something to fix the problem.

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<v Speaker 1>But maybe it was the government that actually caused the problem.

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<v Speaker 1>And I'm gonna get into that in a minute. I

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<v Speaker 1>got a couple, I got a lot to go over.

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<v Speaker 1>I'm gonna I'm gonna play you some actual clips we

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<v Speaker 1>can hear directly from the President's mouth, directly from the

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<v Speaker 1>White House's mouth. I had some clips queued up. We're

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<v Speaker 1>gonna talk about, uh, and I'm gonna break all this down.

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<v Speaker 1>We're gonna look at what they're blaming on the problem.

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<v Speaker 1>We're gonna look at what the real problem is here. Um,

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<v Speaker 1>and I have some what I like to call, I

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<v Speaker 1>have the receipts. I'm gonna give you some actual facts.

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<v Speaker 1>So we're gonna look at the narrative and I'm gonna

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<v Speaker 1>give you actual facts. I'm gonna give you dates, I'm

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<v Speaker 1>gonna give you amounts, and we're gonna look at this

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<v Speaker 1>because there's been some big claims throwing out there by

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<v Speaker 1>our leaders. We'll call them that. I'm trying to get

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<v Speaker 1>away from using the word elite. They're not elite. I

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<v Speaker 1>wouldn't hire any of those guys to run my business.

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<v Speaker 1>They're not elite, but they're they're the leaders. We're gonna

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<v Speaker 1>look at some of that and we'll look at the

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<v Speaker 1>facts and figures to see what is going on with there.

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<v Speaker 1>So we got a lot to cover. You're listening to

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<v Speaker 1>the Mark Moa Show. We're talking about bitcoin. We're talking

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<v Speaker 1>about the intersection of politics, finance, and technology. I got

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<v Speaker 1>a lot to go over today, talking about the end

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<v Speaker 1>of globalization UM and really looking at some of the

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<v Speaker 1>statements that have made in the facts. So don't go away,

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<v Speaker 1>I'll be right back, all right, Welcome back here, listening

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<v Speaker 1>to the Mark Moa Show. Talking about the intersection of politics, finance,

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<v Speaker 1>and technology. We're talking about the decentralized revolution. Of course,

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<v Speaker 1>we're talking about bitcoin and the changes that is going

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<v Speaker 1>on in the world today, trying to understand it, trying

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<v Speaker 1>to bring it all into context. Now. Before the break,

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<v Speaker 1>I was talking about how my work doing looking mapping

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<v Speaker 1>out three cycles, three revolutionary cycles, politics, finance, and technology,

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<v Speaker 1>and how they're all converging today, tells us that what's

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<v Speaker 1>happening right now in the world, with the pandemic and

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<v Speaker 1>the lockdowns and the over each of the government, the

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<v Speaker 1>wars in Russia and Ukraine, all of that, all of

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<v Speaker 1>that was actually predicted. We knew that was all gonna happen. Now,

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<v Speaker 1>we didn't know exactly. You know, Putin was going to

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<v Speaker 1>go into the Ukraine, we didn't know that. But we

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<v Speaker 1>know that centralization, globalization is going to end, and the

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<v Speaker 1>pendulum will swing back towards decentralization. That's what history tells us,

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<v Speaker 1>That's what the cycles tell us, and sure enough we're

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<v Speaker 1>witness in it. As I said before the brake, Larry

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<v Speaker 1>fink Uh, CEO of black Rock, the largest asset manager

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<v Speaker 1>in the world, public has said that a couple days

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<v Speaker 1>ago on the news said that this could be the

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<v Speaker 1>end of globalism as we know it now. Um, So

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<v Speaker 1>that's happening. We're taking a look at that, we're kind

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<v Speaker 1>of dissecting that and trying to understand what that means

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<v Speaker 1>for us. Now. I was talking about how gas prices

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<v Speaker 1>are getting so crazy, and like I said, it is insane.

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<v Speaker 1>Here in southern California, in LA we have gas over

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<v Speaker 1>seven fifty a gallon. I drive a truck and that

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<v Speaker 1>sucks because man, it's like almost two hundred bucks a

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<v Speaker 1>tank to fill it up. It's insane. I try not

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<v Speaker 1>to get gas in Los Angeles, try to get it

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<v Speaker 1>down out of Los Angeles where it's much cheaper, but

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<v Speaker 1>still seven bucks. Nationally, it's over four dollars a gallon,

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<v Speaker 1>which is crazy. Um. Now, Apparently the American people have

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<v Speaker 1>been led to believe that the reason why gas prices

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<v Speaker 1>are going and so higher, going so high is because Putin.

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<v Speaker 1>It's all Putin's fault because of the invasion of Ukraine.

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<v Speaker 1>And it's just that simple, right, cut and dry. It's

0:10:43.559 --> 0:10:45.360
<v Speaker 1>got to be Putin's fault. Everything's this fault. He's a

0:10:45.360 --> 0:10:46.760
<v Speaker 1>bad actor, so it must be his as a matter

0:10:46.760 --> 0:10:50.280
<v Speaker 1>of fact. Um Jen Saki, you know, the Queen of

0:10:50.280 --> 0:10:53.439
<v Speaker 1>circling back. Um, she told us that it is that simple.

0:10:53.480 --> 0:10:54.840
<v Speaker 1>A matter of fact, I got a video clip. Let's

0:10:54.880 --> 0:10:56.560
<v Speaker 1>or audio clo. Let's play that real quick, and let's

0:10:56.559 --> 0:10:58.640
<v Speaker 1>hear what she has to say. You may have noticed

0:10:58.679 --> 0:11:00.959
<v Speaker 1>this week that your gas prices have gone up. I

0:11:01.040 --> 0:11:02.880
<v Speaker 1>want to talk to you a little bit about why.

0:11:03.080 --> 0:11:04.960
<v Speaker 1>A lot of it has to do with Vladimir Putin.

0:11:05.280 --> 0:11:09.000
<v Speaker 1>Mm hmm, that's it simple, must be true, she said it.

0:11:09.840 --> 0:11:12.520
<v Speaker 1>We can believe everything they say, right. I mean, you know,

0:11:12.559 --> 0:11:15.600
<v Speaker 1>she doesn't study the economy. She's not an economist, certainly

0:11:15.600 --> 0:11:17.360
<v Speaker 1>not an oil and gas expert. But you know, she's

0:11:17.360 --> 0:11:19.240
<v Speaker 1>probably pretty good at reading off the teleprompter. And that's

0:11:19.240 --> 0:11:21.480
<v Speaker 1>what I told her. Um. But you know, apparently it's

0:11:21.480 --> 0:11:24.600
<v Speaker 1>a Vladimir Putin's fault. Um. At least that's what they

0:11:24.600 --> 0:11:27.959
<v Speaker 1>say now. Um. It probably has nothing to do with

0:11:28.080 --> 0:11:31.079
<v Speaker 1>the trillions and trillions of dollars the US government has

0:11:31.080 --> 0:11:35.360
<v Speaker 1>pumped in. It probably has nothing to do with the

0:11:35.520 --> 0:11:39.480
<v Speaker 1>very first day Biden took office, the very first day

0:11:39.559 --> 0:11:41.960
<v Speaker 1>that the most important thing that he could ever think

0:11:41.960 --> 0:11:43.319
<v Speaker 1>of in the history of the world that they had

0:11:43.320 --> 0:11:47.280
<v Speaker 1>to do on the first day was to shut down

0:11:48.120 --> 0:11:52.079
<v Speaker 1>oil and gas pipelines and to shut down oil and

0:11:52.120 --> 0:11:54.240
<v Speaker 1>gas permits. That was the most important thing. I couldn't

0:11:54.240 --> 0:11:56.160
<v Speaker 1>have anything do with that, right, I mean, you know,

0:11:57.000 --> 0:12:01.120
<v Speaker 1>why would uh, why would businesses uh that are being

0:12:01.120 --> 0:12:05.400
<v Speaker 1>shut down put out less product? That doesn't make any sense. Um.

0:12:05.480 --> 0:12:09.040
<v Speaker 1>But you know, we have a little bit of disagreement

0:12:09.040 --> 0:12:10.960
<v Speaker 1>happening between the White House. I'm sure you've been seeing

0:12:10.960 --> 0:12:14.040
<v Speaker 1>that lately. President Biden came out and said, we've got

0:12:14.040 --> 0:12:17.120
<v Speaker 1>to get Putin out. He can't stay. And then the

0:12:17.120 --> 0:12:20.000
<v Speaker 1>White House says, oh no, he wasn't talking about regime change.

0:12:20.040 --> 0:12:22.400
<v Speaker 1>No no, no, no, no no. Then Putin said, and

0:12:22.440 --> 0:12:26.240
<v Speaker 1>then then Biden told us that, well, Russia could use

0:12:26.679 --> 0:12:29.959
<v Speaker 1>chemicals chemical weapons, and if they do, the U. S

0:12:30.000 --> 0:12:35.240
<v Speaker 1>Will respond in like kind. That's what he said. The

0:12:35.240 --> 0:12:37.840
<v Speaker 1>Secretary of Defense came outside. Hang on, wait a minute,

0:12:37.840 --> 0:12:40.600
<v Speaker 1>Wait a minute, wait a minute. He didn't mean that

0:12:40.760 --> 0:12:42.920
<v Speaker 1>the US would never do something like that. So you

0:12:42.960 --> 0:12:45.640
<v Speaker 1>know they're a little bit in disagreement. Jen Szaky said,

0:12:45.640 --> 0:12:47.920
<v Speaker 1>it's all Putin's fault. But I have another clip of Biden.

0:12:48.160 --> 0:12:50.720
<v Speaker 1>Are President good old sleepy Joe? He came out and

0:12:50.760 --> 0:12:52.640
<v Speaker 1>gave us something else. Let's go ahead and play this

0:12:52.640 --> 0:12:55.400
<v Speaker 1>clip of Biden to hear what he's telling us. The

0:12:55.559 --> 0:12:59.400
<v Speaker 1>price of these sanctions, it's not just imposed upon Russia,

0:13:00.000 --> 0:13:02.480
<v Speaker 1>it's imposed upon an awful lot of countries as well,

0:13:02.480 --> 0:13:08.800
<v Speaker 1>including European countries in our country as well. Wow. So

0:13:09.120 --> 0:13:12.040
<v Speaker 1>the cost of these things, the cost of putting sanctions,

0:13:12.040 --> 0:13:15.320
<v Speaker 1>doesn't just hurt doesn't just hurt Russia, it actually hurts

0:13:15.400 --> 0:13:18.559
<v Speaker 1>us as well. So, Uh, you know, if you're an American,

0:13:18.760 --> 0:13:21.680
<v Speaker 1>thank your president because his actions are now making it

0:13:21.720 --> 0:13:25.960
<v Speaker 1>harder for you to live. Yeah, I'm not exactly sure

0:13:26.000 --> 0:13:29.440
<v Speaker 1>why any of us really care that much about what's

0:13:29.480 --> 0:13:32.840
<v Speaker 1>going on now. Certainly do you care enough to donate

0:13:32.840 --> 0:13:36.000
<v Speaker 1>a big chunky ear pay to that? Now? Look, I'm

0:13:36.000 --> 0:13:39.199
<v Speaker 1>i am not pro Russia. I'm not pro war. Uh,

0:13:39.240 --> 0:13:41.679
<v Speaker 1>and that's probably the biggest thing. I'm not pro war. Um,

0:13:41.720 --> 0:13:43.800
<v Speaker 1>I'm not for any more. I don't want people hurt,

0:13:43.840 --> 0:13:45.480
<v Speaker 1>I don't want people dyeing. I want people killed. And

0:13:45.600 --> 0:13:48.520
<v Speaker 1>certainly there are something happening and that I'm not happy about.

0:13:48.559 --> 0:13:51.960
<v Speaker 1>It makes me sad. But let's just not pretend that

0:13:52.000 --> 0:13:54.800
<v Speaker 1>this is a war of freedom and democracy, because Ukraine

0:13:54.920 --> 0:13:57.680
<v Speaker 1>is not anything close to him on democracy. As a

0:13:57.679 --> 0:14:00.640
<v Speaker 1>matter of fact, they're ranked I think ninetie out of

0:14:00.640 --> 0:14:02.960
<v Speaker 1>countries that are the most corrupt, so that means they're

0:14:02.960 --> 0:14:04.839
<v Speaker 1>one of the most corrupt countries in the world. So

0:14:05.400 --> 0:14:09.680
<v Speaker 1>Zelinski is certainly not uh an angel, we'll call him that.

0:14:09.720 --> 0:14:12.640
<v Speaker 1>He's certainly a dictator, and probably worst dictator than Putin is.

0:14:12.679 --> 0:14:15.360
<v Speaker 1>So let's just be honest with ourselves. We're just backing

0:14:15.400 --> 0:14:19.320
<v Speaker 1>one dictator over another. And in order to you know,

0:14:19.480 --> 0:14:22.600
<v Speaker 1>go against Russia, Americans have to pay more, meaning more,

0:14:22.680 --> 0:14:26.840
<v Speaker 1>pay more at the pump, or so they say, it's

0:14:26.840 --> 0:14:31.040
<v Speaker 1>all his faults, But is it? Is it really? And

0:14:31.160 --> 0:14:34.200
<v Speaker 1>that's the question that we have to ask ourselves. And

0:14:34.320 --> 0:14:36.800
<v Speaker 1>that's the that's the part where I start having a

0:14:36.840 --> 0:14:41.840
<v Speaker 1>problem because the data doesn't back that stuff up. We

0:14:41.960 --> 0:14:43.720
<v Speaker 1>want to dig into that. Let's let's let's look at

0:14:43.760 --> 0:14:46.960
<v Speaker 1>some of the data that we have on this, because

0:14:47.200 --> 0:14:49.520
<v Speaker 1>apparently if this is Putin's fault, if this is the

0:14:49.560 --> 0:14:52.560
<v Speaker 1>war on Russia and Ukraine's fault, then that means prices

0:14:52.680 --> 0:14:56.840
<v Speaker 1>just went up since we since that started, or did

0:14:56.880 --> 0:15:00.840
<v Speaker 1>prices already start going up before that? When did inflation

0:15:00.960 --> 0:15:04.680
<v Speaker 1>really kick off? When did the price of gas and

0:15:04.840 --> 0:15:07.800
<v Speaker 1>oil really take off? Did happen on that date? Well,

0:15:08.560 --> 0:15:11.600
<v Speaker 1>lucky for you listening, I have the data in front

0:15:11.640 --> 0:15:13.120
<v Speaker 1>of me. We can look at the exactly look the amounts.

0:15:13.120 --> 0:15:14.600
<v Speaker 1>I'm gonna break that down for you. By the way,

0:15:14.720 --> 0:15:17.680
<v Speaker 1>you're listening to the Mark Moss Show, we're talking about

0:15:17.680 --> 0:15:20.240
<v Speaker 1>the intersection of politics, finance, and technology. We're talking about

0:15:20.240 --> 0:15:23.560
<v Speaker 1>this decentralized revolution that the world is going into. We're

0:15:23.560 --> 0:15:25.920
<v Speaker 1>talking about bitcoin. Now you're like, Mark, what do you

0:15:25.960 --> 0:15:27.520
<v Speaker 1>mean you're talking about bitcoin? You're talking about the war

0:15:27.560 --> 0:15:29.440
<v Speaker 1>with rush of Ukraine and gas prices and putin. What

0:15:29.480 --> 0:15:32.480
<v Speaker 1>was that to do with anything? Well, it has to

0:15:32.520 --> 0:15:35.720
<v Speaker 1>do with the end of globalization, the end of centralization,

0:15:35.880 --> 0:15:42.440
<v Speaker 1>moving into a decentralized revolution. And bitcoin is the technological revolution.

0:15:42.440 --> 0:15:44.680
<v Speaker 1>They come about every fifty years, the technological revolution that

0:15:44.800 --> 0:15:49.320
<v Speaker 1>is bringing us into the decentralized revolution. So we're I'm narrating,

0:15:49.720 --> 0:15:53.160
<v Speaker 1>I'm narrating the game for you. I'm narrating the Titanic

0:15:53.240 --> 0:15:56.280
<v Speaker 1>sinking and people getting onto lifeboats to go into a

0:15:56.280 --> 0:15:59.920
<v Speaker 1>new system. So, um, if you want to know where

0:16:00.000 --> 0:16:01.600
<v Speaker 1>the price of bitcoin is, I mean, there's plenty of

0:16:01.600 --> 0:16:04.680
<v Speaker 1>people that can tell you that. Um, I could certainly

0:16:04.760 --> 0:16:07.400
<v Speaker 1>just read you charts, but I think it's much more

0:16:07.400 --> 0:16:09.160
<v Speaker 1>important to understand what's going on in the world today

0:16:09.200 --> 0:16:12.720
<v Speaker 1>and more importantly, how you can navigate it so you

0:16:12.760 --> 0:16:16.240
<v Speaker 1>can survive and thrive. I'm not a doom and gloomer. Look,

0:16:16.240 --> 0:16:18.560
<v Speaker 1>I'm not a doom and gloomer. Now, I'm a realist.

0:16:19.760 --> 0:16:23.640
<v Speaker 1>And unfortunately, being a realist and understand what's going on,

0:16:23.960 --> 0:16:27.000
<v Speaker 1>I think there's more pain ahead. I think things get worse,

0:16:27.040 --> 0:16:30.440
<v Speaker 1>But I'm an optimist because I think I see short

0:16:30.520 --> 0:16:33.120
<v Speaker 1>term pain ahead, but I see once we get on

0:16:33.120 --> 0:16:35.600
<v Speaker 1>the other side of this, I see massive hope, massive

0:16:35.640 --> 0:16:39.640
<v Speaker 1>prosperity on the other side. Unfortunately, sometimes you gotta burn.

0:16:39.760 --> 0:16:41.200
<v Speaker 1>You have a little bit of a forest fire to

0:16:41.240 --> 0:16:44.440
<v Speaker 1>get that new growth. Um, creative destruction, if you will to.

0:16:44.600 --> 0:16:46.640
<v Speaker 1>In order to get something new, you have to get

0:16:46.720 --> 0:16:49.200
<v Speaker 1>rid of the old way, and sometimes it's painful, but

0:16:49.280 --> 0:16:52.200
<v Speaker 1>it's good. Um. In order to get growth, you have

0:16:52.320 --> 0:16:54.240
<v Speaker 1>to have stress. You have to tear your muscles down

0:16:54.320 --> 0:16:56.640
<v Speaker 1>for them to get bigger and stronger. And so while

0:16:56.680 --> 0:16:58.280
<v Speaker 1>there may be some short term pain, we can get

0:16:58.280 --> 0:16:59.800
<v Speaker 1>through it for the next couple of years, and then

0:16:59.800 --> 0:17:02.120
<v Speaker 1>there's massive hope and prosperity for my kids and my

0:17:02.160 --> 0:17:04.000
<v Speaker 1>grandkids and so forth and so on. So I'm happy

0:17:04.000 --> 0:17:07.520
<v Speaker 1>about that. And if we navigate this correctly, we'll be okay. Now,

0:17:07.640 --> 0:17:09.200
<v Speaker 1>Like I said, you listen to the Markma Show talking

0:17:09.200 --> 0:17:11.720
<v Speaker 1>about the intersection of politics, finance, and technology. I'm talking

0:17:11.720 --> 0:17:15.280
<v Speaker 1>specifically about Russia Ukraine war and why gas process are

0:17:15.280 --> 0:17:18.000
<v Speaker 1>going so high, what that means, and uh, why we're

0:17:18.040 --> 0:17:20.000
<v Speaker 1>being lied to. And I'm gonna give you the actual facts,

0:17:20.040 --> 0:17:23.919
<v Speaker 1>the actual data. I'll be back with prices, amounts, and dates,

0:17:23.960 --> 0:17:25.960
<v Speaker 1>so much more. You don't want to miss this. I'm

0:17:25.960 --> 0:17:28.600
<v Speaker 1>bringing the receipts, the AMMO that you need to understand

0:17:28.680 --> 0:17:32.280
<v Speaker 1>what's going on in this war of information. So don't

0:17:32.280 --> 0:17:34.520
<v Speaker 1>go away. I'm gonna be right back with more. All right,

0:17:34.520 --> 0:17:36.960
<v Speaker 1>welcome back here, listening to the Markma Show talking about

0:17:38.080 --> 0:17:41.120
<v Speaker 1>the decentralized Revolution. We're talking about the intersection of politics, finance,

0:17:41.160 --> 0:17:44.040
<v Speaker 1>and technology. We're talking about how the world is changing

0:17:44.160 --> 0:17:48.360
<v Speaker 1>from centralization to decentralization and how bitcoin is the technological

0:17:48.400 --> 0:17:53.920
<v Speaker 1>revolution that is leading that charge. So we were talking

0:17:53.960 --> 0:17:56.800
<v Speaker 1>about before the break, we were talking about how Russia,

0:17:56.880 --> 0:17:59.600
<v Speaker 1>the Russia Ukraine War is breaking the country apart. Now

0:17:59.640 --> 0:18:01.400
<v Speaker 1>I've been get into this each and every week. There's

0:18:01.400 --> 0:18:04.119
<v Speaker 1>a lot to go into. Um and so if you

0:18:04.119 --> 0:18:05.760
<v Speaker 1>don't feel like I'm covering it all, just go back

0:18:05.800 --> 0:18:08.480
<v Speaker 1>and check out some of my past issues. Uh, you

0:18:08.520 --> 0:18:10.800
<v Speaker 1>can find them. Just search Mark Moss I Heart Mark

0:18:10.840 --> 0:18:14.760
<v Speaker 1>Moss Podcast and you'll find that. And um, it's like

0:18:14.800 --> 0:18:17.680
<v Speaker 1>my radio show on demand. Now, don't miss my radio show.

0:18:17.760 --> 0:18:20.480
<v Speaker 1>So if you haven't already, and if you're not driving,

0:18:20.520 --> 0:18:23.040
<v Speaker 1>pull your phone out, put a calendar reminder for this day,

0:18:23.119 --> 0:18:25.080
<v Speaker 1>this time, this channel, and join me each and every

0:18:25.080 --> 0:18:26.920
<v Speaker 1>week because there's a lot going on in the world

0:18:26.920 --> 0:18:28.520
<v Speaker 1>today and you need someone that can help you bring

0:18:28.560 --> 0:18:30.920
<v Speaker 1>it all into understanding and context, which is what I'm

0:18:30.960 --> 0:18:34.119
<v Speaker 1>trying to do here. It's not what I'm trying to do,

0:18:34.160 --> 0:18:36.399
<v Speaker 1>it's what I am doing. And so you don't want

0:18:36.400 --> 0:18:38.280
<v Speaker 1>to miss this, So make sure you join me each

0:18:38.280 --> 0:18:40.439
<v Speaker 1>and every weekend. If you do happen to miss it,

0:18:40.480 --> 0:18:42.439
<v Speaker 1>I get it, life gets in the way, then you

0:18:42.440 --> 0:18:46.000
<v Speaker 1>can catch me radio on demand on the podcast network. Again,

0:18:46.080 --> 0:18:48.360
<v Speaker 1>just search Mark Moss I Heart Mark Moss Podcast. You'll

0:18:48.359 --> 0:18:50.439
<v Speaker 1>find that and you'll find some of the steps that

0:18:50.440 --> 0:18:52.520
<v Speaker 1>we've been breaking down about what's going on with this

0:18:53.040 --> 0:18:56.080
<v Speaker 1>UM the war. But I'm not trying to dissect the war,

0:18:56.200 --> 0:18:58.959
<v Speaker 1>just dissect the war. I'm dissecting what's going on so

0:18:59.000 --> 0:19:02.919
<v Speaker 1>we can see how the world, how the transition is happening.

0:19:02.920 --> 0:19:04.240
<v Speaker 1>A lot of people will ask me all the time,

0:19:04.240 --> 0:19:07.399
<v Speaker 1>mark when when is this going to happen? When is

0:19:07.800 --> 0:19:10.080
<v Speaker 1>the dollar going to lose as the reserve status, or

0:19:10.119 --> 0:19:13.080
<v Speaker 1>when will bitcoin be used more in adoption, or when

0:19:13.119 --> 0:19:17.880
<v Speaker 1>will you know whatever. My answer is, it's happening. It's

0:19:17.920 --> 0:19:20.960
<v Speaker 1>happening right now, We're watching it. We're watching it happen.

0:19:22.440 --> 0:19:23.840
<v Speaker 1>You just have to be paying attention. It's not like

0:19:24.119 --> 0:19:26.440
<v Speaker 1>it's not like a light switch moment that just happens UM,

0:19:26.480 --> 0:19:27.879
<v Speaker 1>where like you go to bed one day and then

0:19:27.880 --> 0:19:29.360
<v Speaker 1>you wake up the next day and everything's changed. It's

0:19:29.359 --> 0:19:31.639
<v Speaker 1>not like that. UM. For a lot of you that

0:19:31.680 --> 0:19:33.320
<v Speaker 1>don't know, if you're if you're too young, you haven't

0:19:33.320 --> 0:19:35.719
<v Speaker 1>paid attention. The dollar has not been the reserve standard

0:19:35.800 --> 0:19:39.240
<v Speaker 1>of the world. Forever. Before the dollar was the reserve

0:19:39.280 --> 0:19:41.400
<v Speaker 1>stand of the world, there was the pound British sterling.

0:19:41.960 --> 0:19:45.000
<v Speaker 1>When the dollar took over from the pound pound britishterling,

0:19:45.440 --> 0:19:49.479
<v Speaker 1>it was about a forty year process didn't happen overnight,

0:19:50.080 --> 0:19:52.320
<v Speaker 1>so this doesn't happen overnight either. As I said, we

0:19:52.359 --> 0:19:54.359
<v Speaker 1>have this blow off top. It gets very volatile, the

0:19:54.400 --> 0:19:56.000
<v Speaker 1>top up and down, up and down, up and down,

0:19:56.000 --> 0:19:57.640
<v Speaker 1>and then it finally blows off. And that's what we're witnessing.

0:19:57.680 --> 0:19:59.800
<v Speaker 1>So we're narrating this. We're looking at each of these

0:19:59.800 --> 0:20:01.159
<v Speaker 1>in you see, so we can kind of start to

0:20:01.160 --> 0:20:02.920
<v Speaker 1>figure out how to play this. Now. I was talking

0:20:02.960 --> 0:20:07.160
<v Speaker 1>about the you know how how the Biden administration. Biden

0:20:07.240 --> 0:20:11.959
<v Speaker 1>himself personally said that because of the sanctions on Russia,

0:20:12.119 --> 0:20:16.560
<v Speaker 1>things are gonna get more expensive. Um. His Press secretary

0:20:16.600 --> 0:20:21.080
<v Speaker 1>Jan Secky said that the prices going up are Putin's fault. Um.

0:20:21.119 --> 0:20:24.359
<v Speaker 1>I guess since since he acted that we had to

0:20:24.400 --> 0:20:26.479
<v Speaker 1>act with sanctions, and because we had to act with sanctions,

0:20:26.520 --> 0:20:29.800
<v Speaker 1>then we have to pay more. Um. And I'm not

0:20:29.800 --> 0:20:31.320
<v Speaker 1>going to get into if that's right or wrong. I'm

0:20:31.320 --> 0:20:33.000
<v Speaker 1>sure plenty of you are happy to give up a

0:20:33.000 --> 0:20:36.200
<v Speaker 1>good chunk of your paycheck to support the war in Ukraine. Again,

0:20:36.320 --> 0:20:38.040
<v Speaker 1>you support one dictator over another, and just don't think

0:20:38.040 --> 0:20:41.239
<v Speaker 1>you're trying to save freedom and democracy there. Um. But

0:20:41.280 --> 0:20:43.399
<v Speaker 1>that's Okay, I'm first saving all humans lives, even if

0:20:43.440 --> 0:20:46.000
<v Speaker 1>they're communists or dictators. I don't I don't want to

0:20:46.000 --> 0:20:48.640
<v Speaker 1>see anybody hurd or killed. But but what I want

0:20:48.680 --> 0:20:50.879
<v Speaker 1>to break down is the fact from the fiction. And

0:20:50.920 --> 0:20:53.920
<v Speaker 1>so they say it's all Putent's fault, it's all because

0:20:53.960 --> 0:20:56.240
<v Speaker 1>the war in Russia and Ukraine. But let's take a

0:20:56.240 --> 0:20:57.680
<v Speaker 1>look at that. So here's the here's the facts in

0:20:57.720 --> 0:21:01.000
<v Speaker 1>the data. So um, let's take a look. Let's start oil. Okay,

0:21:01.119 --> 0:21:05.080
<v Speaker 1>So oil is needed to make gasoline, so when the

0:21:05.119 --> 0:21:07.800
<v Speaker 1>price of oil goes up, then the price of gasoline

0:21:07.800 --> 0:21:10.200
<v Speaker 1>goes up. So let's take a look at the price

0:21:10.240 --> 0:21:15.080
<v Speaker 1>of oil um before Biden won the election, after he

0:21:15.119 --> 0:21:18.959
<v Speaker 1>took office, and when the war in Ukraine happened. So

0:21:20.200 --> 0:21:24.600
<v Speaker 1>Biden won the election in November, all right, Now it's

0:21:24.600 --> 0:21:26.240
<v Speaker 1>important why we why we look at the date he

0:21:26.280 --> 0:21:28.119
<v Speaker 1>won the election and when he took office, is because

0:21:28.240 --> 0:21:30.520
<v Speaker 1>markets are discounting mechanisms, meaning they always trying to bet

0:21:30.520 --> 0:21:32.040
<v Speaker 1>where the future is going to be, trying to get

0:21:32.040 --> 0:21:34.159
<v Speaker 1>in early before the price goes up. And so what

0:21:34.200 --> 0:21:36.880
<v Speaker 1>we can see is that oil prices had had maintained

0:21:36.880 --> 0:21:39.440
<v Speaker 1>a pretty good pace except for then the pandemic March,

0:21:40.359 --> 0:21:42.320
<v Speaker 1>the whole world shutdown. Of course, the demand for oil

0:21:42.320 --> 0:21:44.480
<v Speaker 1>shutdowns to the price of oil went down as well.

0:21:44.800 --> 0:21:49.199
<v Speaker 1>It slowly rebounded, and when Biden took office in in

0:21:49.440 --> 0:21:53.400
<v Speaker 1>uh or I'm sorry it was elected in November, oil

0:21:53.480 --> 0:21:57.560
<v Speaker 1>started going up really really fast, took off almost parabolic.

0:21:57.640 --> 0:22:00.880
<v Speaker 1>And know why why would it do that? Well, because

0:22:01.200 --> 0:22:04.160
<v Speaker 1>if Trump was elected, he was going to be very

0:22:04.160 --> 0:22:07.680
<v Speaker 1>pro U S energy independence, more oil and energy in

0:22:07.720 --> 0:22:09.880
<v Speaker 1>the US. But if Biden was elected, it was gonna

0:22:09.920 --> 0:22:12.400
<v Speaker 1>be pushing this to this green agenda and shutting oil

0:22:12.440 --> 0:22:16.040
<v Speaker 1>and gas down. Notice I'm not trying to pick a

0:22:16.040 --> 0:22:18.040
<v Speaker 1>winner here, but you have to understand the nuance and

0:22:18.040 --> 0:22:21.560
<v Speaker 1>the differences here. So because Biden got elected in November twenty,

0:22:21.760 --> 0:22:23.960
<v Speaker 1>then the market's good. Well, okay, we know it's gonna happen.

0:22:23.960 --> 0:22:25.159
<v Speaker 1>He's gonna shut down all the oil and gas is

0:22:25.200 --> 0:22:28.000
<v Speaker 1>gonna move to renewables. So oil and gas prices automatically

0:22:28.000 --> 0:22:30.679
<v Speaker 1>start going up from there, all right, So we can

0:22:30.720 --> 0:22:33.520
<v Speaker 1>see that um, from the time he was elected November,

0:22:34.080 --> 0:22:38.080
<v Speaker 1>oil was at thirty five dollars a barrel, and then

0:22:38.160 --> 0:22:41.800
<v Speaker 1>we go all the way to February two before the

0:22:41.880 --> 0:22:46.119
<v Speaker 1>Rush of Ukraine conflict and oil was at dollars a barrel.

0:22:46.160 --> 0:22:49.000
<v Speaker 1>So from thirty five to nine eight, that was under Biden,

0:22:49.240 --> 0:22:53.640
<v Speaker 1>before the Putin invasion, it was at ninety dollars barrel.

0:22:53.640 --> 0:22:55.879
<v Speaker 1>Where's oil today, I think it's that about roughly a

0:22:55.960 --> 0:22:59.080
<v Speaker 1>hundred and five, So it's about the same as it

0:22:59.240 --> 0:23:03.480
<v Speaker 1>was before war, the Rush of Ukraine war now one

0:23:03.480 --> 0:23:05.119
<v Speaker 1>oh five. You know, it's a little bit difference if

0:23:05.119 --> 0:23:06.720
<v Speaker 1>you're if you're a trader, maybe that means a bunch

0:23:06.760 --> 0:23:08.880
<v Speaker 1>to a couple of points. But for the average person,

0:23:09.200 --> 0:23:11.919
<v Speaker 1>you know that that doesn't really make any any difference.

0:23:12.080 --> 0:23:16.199
<v Speaker 1>So oil rallid from ninety eight before Russia Ukraine, that

0:23:16.320 --> 0:23:20.639
<v Speaker 1>was because of Biden. All right, Now let's dig in deeper.

0:23:20.800 --> 0:23:23.280
<v Speaker 1>What about gas? Remember oil prices going up means gas

0:23:23.320 --> 0:23:26.600
<v Speaker 1>prices go up. So gas prices they're they're at the

0:23:26.640 --> 0:23:29.000
<v Speaker 1>highest point they've been in a really long time UM.

0:23:29.040 --> 0:23:32.600
<v Speaker 1>As a matter of fact, as they are higher than

0:23:32.640 --> 0:23:37.200
<v Speaker 1>they've been since really like two nine there's been since

0:23:37.240 --> 0:23:39.119
<v Speaker 1>about two fourteen, they've been kind of stuck in this

0:23:39.200 --> 0:23:43.639
<v Speaker 1>channel pretty good low price UM and they have broken higher.

0:23:43.960 --> 0:23:46.919
<v Speaker 1>And we can see that as soon as Biden got

0:23:46.920 --> 0:23:50.959
<v Speaker 1>elected again elected, not not in office. Prices started going up,

0:23:52.160 --> 0:23:55.040
<v Speaker 1>and as a matter of fact, gas prices hit a

0:23:55.119 --> 0:23:57.639
<v Speaker 1>new all time high. Well I should say, not a

0:23:57.680 --> 0:24:00.480
<v Speaker 1>new all timeline, but um a new short from high

0:24:00.840 --> 0:24:06.280
<v Speaker 1>um before the war in Ukraine happened. So look, oil

0:24:06.520 --> 0:24:09.639
<v Speaker 1>is back to where we were pre Russia invasion. Gas

0:24:09.720 --> 0:24:11.280
<v Speaker 1>is back there now. Some of it is because we're

0:24:11.280 --> 0:24:14.760
<v Speaker 1>releasing um oil reserves and stuff where there's a lot there. Um.

0:24:14.760 --> 0:24:17.040
<v Speaker 1>But the fact is is, don't let them blame that

0:24:17.080 --> 0:24:19.159
<v Speaker 1>on on a putin now, um in that. In the

0:24:19.200 --> 0:24:21.280
<v Speaker 1>audio clip I've paid played before the break as well,

0:24:21.320 --> 0:24:23.600
<v Speaker 1>I played a clip of Biden saying that because the

0:24:23.640 --> 0:24:26.960
<v Speaker 1>sanctions on on Russia, then people in the US have

0:24:27.000 --> 0:24:29.280
<v Speaker 1>to be willing to pay a lot more money. So

0:24:29.320 --> 0:24:32.480
<v Speaker 1>what he's saying is that prices are going up. That's inflation, right,

0:24:33.040 --> 0:24:35.240
<v Speaker 1>So we can see that inflation goes up. The government

0:24:35.240 --> 0:24:38.000
<v Speaker 1>measures it with a metric called CPI consumer Price Index.

0:24:38.160 --> 0:24:41.000
<v Speaker 1>I call it cp LIE because they manipulate that never

0:24:41.080 --> 0:24:43.920
<v Speaker 1>so much. Well, let's take a look at that. So

0:24:44.040 --> 0:24:47.440
<v Speaker 1>the c p I, this is the government's number of inflation.

0:24:47.440 --> 0:24:48.800
<v Speaker 1>And there's whole bunch of reason why that's wrong. But

0:24:48.800 --> 0:24:50.359
<v Speaker 1>I'm not gonna go into that right now. But the

0:24:50.400 --> 0:24:54.760
<v Speaker 1>CPI UM number was one point two per cent when

0:24:54.760 --> 0:24:58.120
<v Speaker 1>Biden won the election November, and it had been at

0:24:58.119 --> 0:25:01.639
<v Speaker 1>that rate for a long time for eight years at least,

0:25:01.720 --> 0:25:03.439
<v Speaker 1>had kind of stuck in that range and went up

0:25:03.480 --> 0:25:05.320
<v Speaker 1>and down, up and down, But the Fed wasn't able

0:25:05.359 --> 0:25:09.200
<v Speaker 1>to consistently get inflation to even two percent. It waffled

0:25:09.240 --> 0:25:11.080
<v Speaker 1>back and forth, but couldn't get it consistently above two.

0:25:11.840 --> 0:25:14.080
<v Speaker 1>When he won the election November twenty, it was one,

0:25:16.359 --> 0:25:20.320
<v Speaker 1>and then inflation rallied all the way to seven point ninebers,

0:25:20.320 --> 0:25:22.560
<v Speaker 1>and from one point to to seven point nambers, at

0:25:22.600 --> 0:25:26.200
<v Speaker 1>the highest level it's been in over forty years. And

0:25:26.520 --> 0:25:28.679
<v Speaker 1>one thing, the one thing that's super important understand is

0:25:28.720 --> 0:25:30.679
<v Speaker 1>that in the eighties and the nineties, they changed the

0:25:30.680 --> 0:25:33.959
<v Speaker 1>way they calculate CPI, and so when it was if

0:25:33.960 --> 0:25:35.320
<v Speaker 1>they if we went back to the way to calculated

0:25:35.320 --> 0:25:36.679
<v Speaker 1>in the eighties, last time, we are seven point nine,

0:25:36.680 --> 0:25:39.840
<v Speaker 1>it would actually be about fifteen and six. So it

0:25:39.920 --> 0:25:41.919
<v Speaker 1>was at one point two when he took office, but

0:25:42.920 --> 0:25:44.760
<v Speaker 1>and it was, and it was seven point nine before

0:25:45.359 --> 0:25:48.560
<v Speaker 1>the Ukraine War. Again, trying to blame this on Putin

0:25:48.760 --> 0:25:53.159
<v Speaker 1>and uh in Russia. Is is a mistake. They're they're lying,

0:25:53.480 --> 0:25:56.480
<v Speaker 1>They're lying to you. They're trying to use this war

0:25:56.600 --> 0:25:59.159
<v Speaker 1>to cover up the facts of their mistake. Now, I

0:25:59.200 --> 0:26:01.040
<v Speaker 1>don't want to blame all of this on Biden. Let's

0:26:01.040 --> 0:26:04.200
<v Speaker 1>give him a break, because most of this was started

0:26:04.240 --> 0:26:06.720
<v Speaker 1>even before he took office. Is actually started with Trump.

0:26:07.000 --> 0:26:09.959
<v Speaker 1>And the reason why is because inflation isn't prices going up.

0:26:10.040 --> 0:26:14.480
<v Speaker 1>Prices going up is the result of inflation. Inflation is

0:26:14.520 --> 0:26:18.400
<v Speaker 1>the money supply increasing, and the money supply started increasing

0:26:18.480 --> 0:26:21.600
<v Speaker 1>under President Trump. Well, the money supply has always been increasing,

0:26:22.000 --> 0:26:24.520
<v Speaker 1>but it dramatically took a big increase because of the

0:26:24.560 --> 0:26:28.840
<v Speaker 1>war on COVID, and that is what caused the price

0:26:29.000 --> 0:26:31.920
<v Speaker 1>of everything to shoot higher. When you have more money

0:26:31.960 --> 0:26:33.760
<v Speaker 1>chasing goods and services. I got a lot more to

0:26:33.800 --> 0:26:36.000
<v Speaker 1>break down on this. UM. I want to talk about

0:26:36.040 --> 0:26:38.359
<v Speaker 1>the self inflicted wounds on the energy markets in the

0:26:38.400 --> 0:26:40.840
<v Speaker 1>United States, some of the things that Biden did, specific

0:26:40.880 --> 0:26:43.040
<v Speaker 1>things that he did to cause the price to go up. Um.

0:26:43.080 --> 0:26:45.520
<v Speaker 1>Not just on the money and so much more. Of course,

0:26:45.520 --> 0:26:49.320
<v Speaker 1>you listen to the Markmas show talking about the decentralized Revolution,

0:26:49.320 --> 0:26:51.400
<v Speaker 1>how the world is moving from a centralized world into

0:26:51.400 --> 0:26:54.840
<v Speaker 1>a decentralized world. How bitcoin is at the base of

0:26:54.880 --> 0:26:58.600
<v Speaker 1>that technological breakthrough. It's technology that changes the way the

0:26:58.640 --> 0:27:01.240
<v Speaker 1>world works. Uh, and what comes next? Now you listen

0:27:01.280 --> 0:27:02.720
<v Speaker 1>to the Markmas Show. I got a lot more to

0:27:02.760 --> 0:27:05.359
<v Speaker 1>talk about this specifically, so you can understand this in

0:27:05.400 --> 0:27:07.560
<v Speaker 1>better context and even better how you can prepare and

0:27:07.560 --> 0:27:10.080
<v Speaker 1>protect yourself. Um, I got more when I come back,

0:27:10.200 --> 0:27:12.240
<v Speaker 1>Do not go away. I'll be right back. All right,

0:27:12.280 --> 0:27:14.480
<v Speaker 1>welcome back. You're listening to the Markmas Show. And we're

0:27:14.520 --> 0:27:17.840
<v Speaker 1>talking about the decentralized revolution. We're talking about politics, finance,

0:27:17.880 --> 0:27:22.680
<v Speaker 1>and technology. All throughout history, it's technology that changes the world,

0:27:22.720 --> 0:27:25.359
<v Speaker 1>and so we're talking about the technological revolution that's leading

0:27:25.400 --> 0:27:29.200
<v Speaker 1>to the decentralized revolution. Of course, Bitcoin is that technological

0:27:29.200 --> 0:27:31.399
<v Speaker 1>revolution that is changing the world as we know it.

0:27:32.480 --> 0:27:36.320
<v Speaker 1>And we're witnessing we're watching all these things happen in

0:27:36.359 --> 0:27:38.399
<v Speaker 1>front of us. Of course, I've been talking about the

0:27:38.440 --> 0:27:42.120
<v Speaker 1>war between Russia and Ukraine. Obviously the US is involved.

0:27:42.160 --> 0:27:45.239
<v Speaker 1>It's costing the US people a lot of money in

0:27:45.280 --> 0:27:49.800
<v Speaker 1>the form of higher, higher prices on everything. And I

0:27:49.840 --> 0:27:51.600
<v Speaker 1>was explaining how a lot of that's being blamed on

0:27:51.640 --> 0:27:53.840
<v Speaker 1>Putin in the war in Russia. But the reality is

0:27:53.920 --> 0:28:00.760
<v Speaker 1>oil and gas and inflation. We're going way higher before

0:28:01.240 --> 0:28:02.840
<v Speaker 1>before that happened. I gave you the dates, the facts,

0:28:02.880 --> 0:28:05.160
<v Speaker 1>the charge, the numbers, everything. I gave you the receipts.

0:28:05.240 --> 0:28:07.040
<v Speaker 1>I'm not here trying to give you my opinion. I'm

0:28:07.040 --> 0:28:09.439
<v Speaker 1>trying to give you the facts. If you've missed that,

0:28:09.480 --> 0:28:13.080
<v Speaker 1>I'm sorry, go back and listen to the on demand

0:28:13.080 --> 0:28:18.080
<v Speaker 1>search Mark Moss podcast, Mark Moss Radio show and you

0:28:18.080 --> 0:28:19.919
<v Speaker 1>can find out more about that. I know these are

0:28:19.960 --> 0:28:22.600
<v Speaker 1>tricky things to to get through. Um, but the more

0:28:22.640 --> 0:28:24.879
<v Speaker 1>that you like anything in life, the more time and

0:28:24.920 --> 0:28:27.320
<v Speaker 1>attention to put to it, the more you pay attention, uh,

0:28:27.359 --> 0:28:29.480
<v Speaker 1>the more you can understand them. So it's a good

0:28:29.520 --> 0:28:32.400
<v Speaker 1>thing to, you know, listen to radio shows or podcasts

0:28:32.440 --> 0:28:35.040
<v Speaker 1>like this, you know, watch YouTube videos. My channel Mark

0:28:35.080 --> 0:28:37.720
<v Speaker 1>Moss obviously will check that out. Watch other people get

0:28:37.720 --> 0:28:39.840
<v Speaker 1>different opinions. Don't just listen to me, right, Try to

0:28:39.840 --> 0:28:42.080
<v Speaker 1>get different people's opinions. Try to make your own opinion

0:28:42.120 --> 0:28:45.200
<v Speaker 1>based off of what you're hearing. Um, there's never been

0:28:45.200 --> 0:28:47.479
<v Speaker 1>a more important time in history than right now. I

0:28:47.560 --> 0:28:49.520
<v Speaker 1>like to say that the ostrich can Bury its head

0:28:49.560 --> 0:28:52.160
<v Speaker 1>in the sand, but it won't keep it from being eaten.

0:28:53.160 --> 0:28:55.000
<v Speaker 1>One of my favorite authors, Iron Rand says that you

0:28:55.040 --> 0:28:58.480
<v Speaker 1>can choose to ignore reality, but you cannot ignore the

0:28:58.640 --> 0:29:01.960
<v Speaker 1>consequences of reality. So you can not pay attention, you

0:29:02.000 --> 0:29:04.120
<v Speaker 1>don't You could turn off the TV, you could turn

0:29:04.160 --> 0:29:06.160
<v Speaker 1>off the news. You don't need to understand any of this,

0:29:06.280 --> 0:29:09.440
<v Speaker 1>and you could just go live your happy life. The

0:29:09.480 --> 0:29:11.400
<v Speaker 1>reality is it probably won't end up being that happy

0:29:11.400 --> 0:29:14.120
<v Speaker 1>because reality will come and smack you in the face.

0:29:14.160 --> 0:29:15.960
<v Speaker 1>And that's exactly what's happening in the world right now.

0:29:16.280 --> 0:29:18.480
<v Speaker 1>We have all these these politicians, all these leaders that

0:29:18.480 --> 0:29:21.200
<v Speaker 1>have made these policies that are not grounded in any

0:29:21.320 --> 0:29:24.920
<v Speaker 1>real world information, and they're very quickly being smacked across

0:29:24.920 --> 0:29:29.000
<v Speaker 1>the face by reality realizing, oh shoot, I guess the

0:29:29.040 --> 0:29:32.760
<v Speaker 1>world still needs energy. Who would have thought, right, um,

0:29:32.840 --> 0:29:34.200
<v Speaker 1>And so we're finding those things out and so, like

0:29:34.240 --> 0:29:35.400
<v Speaker 1>I said, you can choose to ignore it, but you

0:29:35.400 --> 0:29:36.960
<v Speaker 1>can't ignore the consequences of that. And if you want

0:29:36.960 --> 0:29:38.560
<v Speaker 1>to learn how to build, grow and protect your wealth,

0:29:39.280 --> 0:29:42.480
<v Speaker 1>because like I said, it's in my opinion, things get

0:29:42.480 --> 0:29:43.920
<v Speaker 1>worse for the last couple of years, and then there's

0:29:43.960 --> 0:29:46.240
<v Speaker 1>massive hope and prosperity on this side. So how do

0:29:46.320 --> 0:29:50.200
<v Speaker 1>you make it through to that other side? And that's

0:29:50.280 --> 0:29:51.840
<v Speaker 1>that's why you need to be paying attention to You've

0:29:51.840 --> 0:29:54.239
<v Speaker 1>gotta be tuning in each and every week, UM, and

0:29:54.280 --> 0:29:57.680
<v Speaker 1>listen to other people like me, right, UM, also meet

0:29:57.760 --> 0:30:00.000
<v Speaker 1>other people. UM. I recently last year, I moved out

0:30:00.000 --> 0:30:02.400
<v Speaker 1>to Puerto Rico, the first time I've moved from southern California,

0:30:02.440 --> 0:30:05.200
<v Speaker 1>and I met new friends and I realized, dang, people

0:30:05.240 --> 0:30:07.840
<v Speaker 1>should actually move. I didn't really think about that people

0:30:07.840 --> 0:30:10.480
<v Speaker 1>should move because you need to meet new people. And UM.

0:30:10.560 --> 0:30:12.200
<v Speaker 1>You know, they say that you are the five people

0:30:12.240 --> 0:30:14.800
<v Speaker 1>you hang out with, and as you grow in your life,

0:30:14.800 --> 0:30:17.120
<v Speaker 1>you need to change the people you hang out with.

0:30:18.560 --> 0:30:20.480
<v Speaker 1>Otherwise you just stay stuck in the same position. A

0:30:20.520 --> 0:30:22.520
<v Speaker 1>lot of your friends they hold you back, not because

0:30:22.560 --> 0:30:24.920
<v Speaker 1>they're mean. They don't want you to change, because they

0:30:24.920 --> 0:30:26.800
<v Speaker 1>want you to stay with them. But we need if

0:30:26.800 --> 0:30:28.479
<v Speaker 1>we want to keep keep growing, if to keep changing,

0:30:29.040 --> 0:30:30.480
<v Speaker 1>and so you need to meet new people. One of

0:30:30.480 --> 0:30:31.840
<v Speaker 1>the best ways to meet people is to get out.

0:30:31.840 --> 0:30:34.640
<v Speaker 1>I'm going to be at the Bitcoin conference next week. UM,

0:30:34.680 --> 0:30:36.680
<v Speaker 1>I'll be meeting lots of people. Of course, if you

0:30:36.720 --> 0:30:38.400
<v Speaker 1>want to come meet me, come to the Bitcoin conference.

0:30:38.440 --> 0:30:40.000
<v Speaker 1>I'll be there. You can meet a lot of other

0:30:40.080 --> 0:30:43.160
<v Speaker 1>like minded people like you. I also hold my own

0:30:43.200 --> 0:30:45.640
<v Speaker 1>conference called Market Disruptors Live dot Com that's going to

0:30:45.680 --> 0:30:49.040
<v Speaker 1>be in May, again meeting people. I bring people together.

0:30:49.480 --> 0:30:53.120
<v Speaker 1>Get out to these conferences, meet people, make new friends.

0:30:53.560 --> 0:30:55.760
<v Speaker 1>You are the people that you hang out with. If

0:30:55.760 --> 0:30:57.960
<v Speaker 1>you want to come check me out Market Disruptors Live

0:30:58.040 --> 0:31:00.440
<v Speaker 1>dot Com. We're gonna be in Dallas. It's gonna be amazing.

0:31:00.520 --> 0:31:03.640
<v Speaker 1>But whatever you do, make sure you continue to grow because,

0:31:03.720 --> 0:31:05.480
<v Speaker 1>like I said, you can choose to ignore it, it's

0:31:05.480 --> 0:31:07.920
<v Speaker 1>not gonna be good for you. But back into what

0:31:07.960 --> 0:31:10.120
<v Speaker 1>we're talking about with this war and and uh, the

0:31:10.200 --> 0:31:12.440
<v Speaker 1>US and so forth, and a lot of this, like

0:31:12.440 --> 0:31:14.720
<v Speaker 1>I said, they're blaming the gas prices, and they're brain

0:31:14.880 --> 0:31:17.320
<v Speaker 1>blaming the oil prices on the war, and it's put

0:31:17.400 --> 0:31:21.000
<v Speaker 1>in folit etcetera. But um, a lot of it is

0:31:21.400 --> 0:31:22.719
<v Speaker 1>a lot of it has to do with the money, right,

0:31:22.760 --> 0:31:24.560
<v Speaker 1>So I talked about the increase of the money supply,

0:31:24.560 --> 0:31:27.040
<v Speaker 1>which again is credits to Biden. It's not always fault.

0:31:27.080 --> 0:31:28.560
<v Speaker 1>It started with Trump and as a matter of fact,

0:31:28.560 --> 0:31:32.000
<v Speaker 1>every president spends more than the last So Biden spent

0:31:32.040 --> 0:31:34.160
<v Speaker 1>more than anybody, and Trump spent more than anybody. And

0:31:34.800 --> 0:31:38.000
<v Speaker 1>you know, uh, Obama spent more than everybody, and Bush

0:31:38.000 --> 0:31:39.840
<v Speaker 1>spent more than everybody, spent more than everybody. Just we

0:31:39.920 --> 0:31:42.040
<v Speaker 1>keep spending more and more and more. So it's not

0:31:42.080 --> 0:31:44.000
<v Speaker 1>all Biden's fault. That's just part of the machine. But

0:31:44.120 --> 0:31:46.920
<v Speaker 1>what is Biden's fault is the very first day he

0:31:47.000 --> 0:31:49.360
<v Speaker 1>took office, Day one, the most important thing he did,

0:31:49.440 --> 0:31:53.280
<v Speaker 1>he did executive orders. What executive orders mean, Screw everybody else,

0:31:53.520 --> 0:31:58.200
<v Speaker 1>screw the democracy, screw the branches of government. I'm a king,

0:31:58.800 --> 0:32:01.240
<v Speaker 1>I'm a dictator. I'm going to pass an executive order

0:32:01.280 --> 0:32:03.280
<v Speaker 1>because I said so, I don't care what anybody says.

0:32:03.320 --> 0:32:06.400
<v Speaker 1>That's what he did. So very first day he put

0:32:06.480 --> 0:32:12.320
<v Speaker 1>executive orders into one shut down, UM, the Keystone Pipeline.

0:32:13.200 --> 0:32:17.760
<v Speaker 1>Now imagine that. Um, you can if you want to

0:32:17.760 --> 0:32:20.160
<v Speaker 1>move energy, you know, oil and gas, you can put

0:32:20.200 --> 0:32:22.280
<v Speaker 1>it into trucks and you can transport and those trucks

0:32:22.280 --> 0:32:23.920
<v Speaker 1>can drive back and forth, back and forth, back and

0:32:23.960 --> 0:32:26.000
<v Speaker 1>forth delivering, or you can put it into a pipeline

0:32:26.360 --> 0:32:29.320
<v Speaker 1>and the pipeline could just deliver it cheap and good

0:32:29.320 --> 0:32:32.160
<v Speaker 1>for the environment. Imagine all those diesel trucks moving energy

0:32:32.200 --> 0:32:33.840
<v Speaker 1>back and forth, back and forth, back and forth all day,

0:32:33.920 --> 0:32:36.960
<v Speaker 1>or just put in a pipeline. So pipelines would also

0:32:37.000 --> 0:32:39.160
<v Speaker 1>be better for the climate, and it would also be

0:32:39.160 --> 0:32:40.960
<v Speaker 1>better for prices. But no, he didn't like that, he

0:32:40.960 --> 0:32:44.160
<v Speaker 1>shut that down. On top of that, again, same day

0:32:44.200 --> 0:32:46.760
<v Speaker 1>he decided to shut down all new oil and gas

0:32:46.800 --> 0:32:52.600
<v Speaker 1>drilling on the U. S Land. So what happens? What

0:32:52.680 --> 0:32:56.960
<v Speaker 1>happens when you attack an industry, when you suspend their leases,

0:32:57.000 --> 0:33:00.040
<v Speaker 1>you say you can't go get anymore? Well, what you

0:33:00.080 --> 0:33:03.160
<v Speaker 1>think would happen? You get less of it. So we

0:33:03.200 --> 0:33:05.720
<v Speaker 1>can see that um, through all this heavy regulation, we

0:33:05.720 --> 0:33:08.960
<v Speaker 1>can see that the US is producing ten percent less

0:33:08.960 --> 0:33:15.680
<v Speaker 1>oil less. Now, it doesn't take a genius. You can

0:33:15.760 --> 0:33:20.120
<v Speaker 1>be an elementary student elementary math to understand supply and demand.

0:33:20.760 --> 0:33:23.040
<v Speaker 1>If you cut the supply of oil but you have

0:33:23.160 --> 0:33:25.240
<v Speaker 1>the same or more demand, what do you think happens

0:33:25.320 --> 0:33:27.920
<v Speaker 1>to prices? Don't take a genius. And then you have

0:33:28.120 --> 0:33:32.640
<v Speaker 1>Biden again unilaterally, So I was I'm fair with him?

0:33:32.720 --> 0:33:35.320
<v Speaker 1>It wasn't you know all presidents have spent more. Trump

0:33:35.360 --> 0:33:39.880
<v Speaker 1>spent more, Biden spent more. UM, but Biden as a dictator,

0:33:40.000 --> 0:33:44.360
<v Speaker 1>as a king, past executive orders to do these things,

0:33:45.280 --> 0:33:49.160
<v Speaker 1>and then he hands selected a nomination for the position

0:33:49.160 --> 0:33:51.720
<v Speaker 1>of Comptrol of currency the o CC. Her name was

0:33:51.720 --> 0:33:54.240
<v Speaker 1>sal Amarova. She didn't make it, but it was his choice,

0:33:54.280 --> 0:33:58.720
<v Speaker 1>his first choice, and she said, quoting her uh, we

0:33:58.920 --> 0:34:01.040
<v Speaker 1>want oil and gas come place to go bankrupt, That's

0:34:01.040 --> 0:34:03.280
<v Speaker 1>what she said. So if you're an oil and gas

0:34:03.280 --> 0:34:08.399
<v Speaker 1>company and um, the government's actively saying that we want

0:34:08.400 --> 0:34:10.399
<v Speaker 1>you to go bankrupt, actively trying to shut you down,

0:34:11.160 --> 0:34:15.400
<v Speaker 1>do you think you would spend more money to research

0:34:15.440 --> 0:34:18.200
<v Speaker 1>and develop new products? Would you spend more money for exploration?

0:34:18.280 --> 0:34:20.239
<v Speaker 1>Of course not right, not if the talent You're gonna

0:34:20.239 --> 0:34:23.120
<v Speaker 1>shut you down. So then if you're not spending money

0:34:23.120 --> 0:34:26.600
<v Speaker 1>on exploration or research and development, and guess what, there's

0:34:26.640 --> 0:34:29.000
<v Speaker 1>no new supply. And remember back to supply and demand.

0:34:29.000 --> 0:34:31.480
<v Speaker 1>If there's no new supply and there's demand, because it

0:34:31.560 --> 0:34:34.360
<v Speaker 1>turns out people still need to drive. It's kind of crazy.

0:34:34.560 --> 0:34:37.560
<v Speaker 1>And for all you people that think electric vehicles, batteries

0:34:37.600 --> 0:34:42.000
<v Speaker 1>and wind can solve everything, have you thought about that?

0:34:42.200 --> 0:34:49.040
<v Speaker 1>Because it still takes oil to make the windmills, and

0:34:49.160 --> 0:34:52.040
<v Speaker 1>it takes oil to ship the windmills to the United States,

0:34:52.080 --> 0:34:53.640
<v Speaker 1>and it takes oil to clear the land, and it

0:34:53.680 --> 0:34:56.480
<v Speaker 1>takes oil to stand up the windmills, and then the

0:34:56.520 --> 0:34:58.320
<v Speaker 1>windmills only last for twenty years and have to be

0:34:58.400 --> 0:35:00.040
<v Speaker 1>torn down, and that takes oil to do that, and

0:35:00.040 --> 0:35:02.080
<v Speaker 1>then takes oil to bury them in landfills that sit

0:35:02.120 --> 0:35:05.200
<v Speaker 1>forever because they can't decompose. And batteries need all types

0:35:05.200 --> 0:35:08.160
<v Speaker 1>of all types of minerals that go in there, like lithium,

0:35:08.200 --> 0:35:10.120
<v Speaker 1>for example, And to get lithium out of the ground

0:35:10.120 --> 0:35:12.120
<v Speaker 1>they have to mind hundreds of thousands of pounds. And

0:35:12.160 --> 0:35:14.279
<v Speaker 1>how do they do that with giant tractors that use what,

0:35:14.840 --> 0:35:22.040
<v Speaker 1>oh yeah, oil? Electric vehicles? They take the motor from

0:35:22.040 --> 0:35:24.880
<v Speaker 1>inside the car and then move the motor to outside

0:35:24.880 --> 0:35:27.799
<v Speaker 1>the car. But something interesting for all of you that

0:35:27.840 --> 0:35:30.840
<v Speaker 1>maybe don't understand how this works is that we cannot

0:35:30.960 --> 0:35:34.520
<v Speaker 1>create energy. We can't create it. Energy is not created,

0:35:34.640 --> 0:35:41.000
<v Speaker 1>energy is harnessed, it's unlocked, it's transferred, but it's neither

0:35:41.040 --> 0:35:44.120
<v Speaker 1>created nor destroyed. So all we can do is find

0:35:44.200 --> 0:35:45.960
<v Speaker 1>energy from one place and we can harness it and

0:35:46.000 --> 0:35:47.440
<v Speaker 1>we can move it another place. That's what we do.

0:35:48.239 --> 0:35:51.399
<v Speaker 1>We can't create it from thin air. Perpetual energy, perpetual motion.

0:35:51.400 --> 0:35:52.680
<v Speaker 1>They've they've tried to figure it out. It's at the

0:35:52.680 --> 0:35:54.120
<v Speaker 1>beginning and they haven't been able to figure that out.

0:35:54.280 --> 0:35:56.279
<v Speaker 1>But it's really these policies that are the problem. We

0:35:56.280 --> 0:35:58.080
<v Speaker 1>have to pay attention to that. And so I just

0:35:58.120 --> 0:36:00.719
<v Speaker 1>want you to be informed of what's going on. Uh,

0:36:00.760 --> 0:36:03.080
<v Speaker 1>Like I said earlier, like in California, they want to

0:36:03.080 --> 0:36:05.440
<v Speaker 1>give us money to help offset that, but it was

0:36:05.480 --> 0:36:07.040
<v Speaker 1>the money that they print in the first place that

0:36:07.160 --> 0:36:08.960
<v Speaker 1>caused the high prices. So now they're gonna print even

0:36:08.960 --> 0:36:10.600
<v Speaker 1>more money to help us with the high prices that

0:36:10.600 --> 0:36:16.000
<v Speaker 1>was caused by printing the money pretty backwards. Anyway, it's

0:36:16.000 --> 0:36:17.560
<v Speaker 1>a it's a it's a rant. Today you listen to

0:36:17.600 --> 0:36:19.960
<v Speaker 1>the Mark Moa show talking about the intersection of politics, finance,

0:36:19.960 --> 0:36:23.520
<v Speaker 1>and technology, talking about the world going from centralization to decentralization,

0:36:23.520 --> 0:36:26.560
<v Speaker 1>the end of globalization as we know it being pushed

0:36:26.560 --> 0:36:30.400
<v Speaker 1>and ushered in by bitcoin, the decentralized revolution as I

0:36:30.480 --> 0:36:33.439
<v Speaker 1>call it. It's a big move. It's a big deal.

0:36:33.560 --> 0:36:36.719
<v Speaker 1>The world's changing now. Um. I think it's exciting. I

0:36:36.719 --> 0:36:38.200
<v Speaker 1>think it's exciting. It gives me a lot to talk

0:36:38.200 --> 0:36:40.239
<v Speaker 1>to talk about. Anyway, and Hopefully you enjoy hearing it.

0:36:40.320 --> 0:36:41.520
<v Speaker 1>I'd love to hear from you. Hit me up on

0:36:41.520 --> 0:36:44.000
<v Speaker 1>a message on Twitter at one Mark Moss. You can

0:36:44.000 --> 0:36:47.480
<v Speaker 1>find me on social media LinkedIn, Instagram, etcetera at one

0:36:47.480 --> 0:36:49.600
<v Speaker 1>Mark Moss. Check out my website at one Mark Moss

0:36:49.640 --> 0:36:51.920
<v Speaker 1>as well. Well, no on my website one Marks, but

0:36:51.960 --> 0:36:52.560
<v Speaker 1>thanks for listening.