1 00:00:00,040 --> 00:00:03,000 Speaker 1: Hello, and welcome to another episode of the Mark mo Show, 2 00:00:03,000 --> 00:00:06,480 Speaker 1: where we talk about the decentralized revolution. We talk about 3 00:00:06,519 --> 00:00:09,280 Speaker 1: the way the world is changing right before every ice, 4 00:00:09,360 --> 00:00:14,440 Speaker 1: swinging from um a peak centralization and back to decentralization. 5 00:00:14,520 --> 00:00:16,599 Speaker 1: We look at this each and every week what I 6 00:00:16,640 --> 00:00:19,239 Speaker 1: like to call the signpost. We know that we're getting 7 00:00:19,239 --> 00:00:22,640 Speaker 1: closer to this climax, the pendulums swinging back. And we 8 00:00:22,680 --> 00:00:26,000 Speaker 1: know this because of the signposts that we see all 9 00:00:26,079 --> 00:00:28,080 Speaker 1: around us. We look at them through the lens of 10 00:00:28,080 --> 00:00:32,440 Speaker 1: both or of all three of the politics, finance, and 11 00:00:32,479 --> 00:00:36,360 Speaker 1: of course technology, A lot of other not a lot. 12 00:00:36,600 --> 00:00:39,959 Speaker 1: A few other analysts like Ray Dalio have put out 13 00:00:40,000 --> 00:00:43,640 Speaker 1: some amazing books talking about how this UM changing of 14 00:00:43,640 --> 00:00:45,519 Speaker 1: the guard, if you will, is coming to pass. But 15 00:00:45,560 --> 00:00:48,279 Speaker 1: what they leave out is the technology piece, which is 16 00:00:48,320 --> 00:00:50,479 Speaker 1: the biggest catalyst. When you look back through thousands of 17 00:00:50,560 --> 00:00:54,080 Speaker 1: years of history, it's always technology that changes things. Today 18 00:00:54,120 --> 00:00:59,440 Speaker 1: we're gonna talk about UM something big and this is 19 00:01:00,000 --> 00:01:03,960 Speaker 1: all three. It's politics, it's finance, and it's technology. We 20 00:01:04,000 --> 00:01:08,160 Speaker 1: look at the intersection of those three things. That's what 21 00:01:08,200 --> 00:01:10,360 Speaker 1: we focus on this show. So UM I try to 22 00:01:10,360 --> 00:01:12,800 Speaker 1: bring to you some education. So I can kind of 23 00:01:12,800 --> 00:01:16,399 Speaker 1: help you understand this. You can understand differently some of 24 00:01:16,400 --> 00:01:19,760 Speaker 1: the latest breaking news and of course some exciting guests 25 00:01:19,800 --> 00:01:21,399 Speaker 1: you don't have to listen to me talk all the time. 26 00:01:21,600 --> 00:01:24,800 Speaker 1: Today we are talking about education and we're gonna dig into, 27 00:01:24,840 --> 00:01:27,840 Speaker 1: like I said that, the convergence of those three politics, 28 00:01:27,840 --> 00:01:33,479 Speaker 1: finance and technology, and talk about money. Talk about something big. 29 00:01:33,480 --> 00:01:39,480 Speaker 1: I'm talking about money. Money is um basically half of 30 00:01:39,720 --> 00:01:43,399 Speaker 1: every transaction that you make in your life. So you 31 00:01:43,480 --> 00:01:46,039 Speaker 1: trade your money for a house, you trade your money 32 00:01:46,080 --> 00:01:48,560 Speaker 1: for a meal, you trade your money for a bus ticket, 33 00:01:48,760 --> 00:01:52,400 Speaker 1: you trade your money, right, it's always half of that. Now, 34 00:01:52,440 --> 00:01:55,720 Speaker 1: money is uh, pretty misunderstood. Most people don't really know 35 00:01:55,760 --> 00:01:57,280 Speaker 1: what it is. I mean, you think you do, right, 36 00:01:57,320 --> 00:01:59,360 Speaker 1: it's it's in your pocket or it's on your debit 37 00:01:59,360 --> 00:02:01,600 Speaker 1: card allows you buy things. But you don't really understand 38 00:02:01,640 --> 00:02:04,160 Speaker 1: what money is. And more importantly, you don't understand how 39 00:02:04,200 --> 00:02:07,040 Speaker 1: money is changing right now and what that means. And 40 00:02:07,080 --> 00:02:09,360 Speaker 1: so it's happening right now, right before our very eyes. 41 00:02:10,080 --> 00:02:12,480 Speaker 1: And uh, I want to talk about that because this 42 00:02:12,560 --> 00:02:17,880 Speaker 1: week some big, big, big news were made specifically around 43 00:02:17,880 --> 00:02:22,280 Speaker 1: money from multiple angles both um, showing that the existing 44 00:02:22,320 --> 00:02:25,200 Speaker 1: form of money. What we've known, what we have is 45 00:02:25,280 --> 00:02:30,480 Speaker 1: being challenged and it's dying. And this week also the 46 00:02:30,600 --> 00:02:34,320 Speaker 1: new forms of money have been pushed and promoted. So 47 00:02:34,360 --> 00:02:37,440 Speaker 1: we're seeing both one dying and one rising up at 48 00:02:37,440 --> 00:02:39,760 Speaker 1: the exact same time. And so I want to explain 49 00:02:39,800 --> 00:02:42,880 Speaker 1: to you what that is. And so let's just jump 50 00:02:42,919 --> 00:02:45,920 Speaker 1: into it. So I've been talking about this for months 51 00:02:45,919 --> 00:02:48,880 Speaker 1: and months and months ever since. Really, well, I've been 52 00:02:48,880 --> 00:02:51,400 Speaker 1: talking about for years on my main YouTube channel. If 53 00:02:51,400 --> 00:02:54,080 Speaker 1: you don't watch me on YouTube, you should just search 54 00:02:54,120 --> 00:02:57,160 Speaker 1: Mark Moss on YouTube, and um on those YouTube videos, 55 00:02:57,200 --> 00:03:00,800 Speaker 1: it's obviously UM it's video. So I use lots of 56 00:03:01,000 --> 00:03:02,919 Speaker 1: graphs and charts and headlines, but I like to call 57 00:03:02,919 --> 00:03:04,840 Speaker 1: the receipts and I show you this. And I've been 58 00:03:04,840 --> 00:03:08,040 Speaker 1: talking about this for years. But you know, really we've 59 00:03:08,040 --> 00:03:12,800 Speaker 1: seen this acceleration of the existing monetary system die um 60 00:03:12,840 --> 00:03:17,800 Speaker 1: just this year in and really where things really sped up, 61 00:03:17,840 --> 00:03:20,919 Speaker 1: in my opinion, were during the trucker protests that were 62 00:03:20,919 --> 00:03:24,359 Speaker 1: happening in Canada. And the reason why things really sped 63 00:03:24,440 --> 00:03:27,400 Speaker 1: up at that point is because of the actions or 64 00:03:27,440 --> 00:03:30,120 Speaker 1: I should say, uh, yeah, the actions that were taken 65 00:03:30,560 --> 00:03:35,520 Speaker 1: by the government of of of Canada against not only 66 00:03:35,560 --> 00:03:39,280 Speaker 1: just the truckers, but anybody who supported them. So they 67 00:03:39,280 --> 00:03:41,960 Speaker 1: went on to do something that was legally protected under 68 00:03:41,960 --> 00:03:44,840 Speaker 1: their constitution. The government didn't like it, and anybody that 69 00:03:44,960 --> 00:03:51,000 Speaker 1: was involved, including anybody who UM supported that, came under 70 00:03:51,000 --> 00:03:54,680 Speaker 1: punishment from the government because the government just arbitrarily decided 71 00:03:54,720 --> 00:03:57,400 Speaker 1: to change the rules. There was no um due process, 72 00:03:57,440 --> 00:04:00,120 Speaker 1: there was no change in the constitution. Um, they just 73 00:04:00,160 --> 00:04:05,520 Speaker 1: went and hit a button and froze people's bank accounts. Mothers, 74 00:04:05,560 --> 00:04:10,960 Speaker 1: single mothers who donated dollars to this had their accounts frozen. 75 00:04:11,000 --> 00:04:15,280 Speaker 1: I think that's where things really really really accelerated. Now again, 76 00:04:15,320 --> 00:04:17,159 Speaker 1: I've been talking about kind of the end of the 77 00:04:17,200 --> 00:04:19,520 Speaker 1: monetary system as we know it for years. We've all 78 00:04:19,520 --> 00:04:21,720 Speaker 1: been talking about you've got the Peter Shifts of the world, 79 00:04:22,320 --> 00:04:25,200 Speaker 1: Mike Maloney's, they've been talking about it for decades, how 80 00:04:25,240 --> 00:04:27,520 Speaker 1: this dollar system that we have today would eventually come 81 00:04:27,520 --> 00:04:30,000 Speaker 1: to an end. And it's not just the dollar system, 82 00:04:30,040 --> 00:04:32,800 Speaker 1: it's the Fiat money system. Now, a lot of you 83 00:04:32,839 --> 00:04:34,599 Speaker 1: may don't know what that means. Let me just explain 84 00:04:34,640 --> 00:04:39,719 Speaker 1: it to you really quick. For all of history, recorded history, 85 00:04:39,839 --> 00:04:43,679 Speaker 1: what we know, we've had commodity money, meaning real things. 86 00:04:43,720 --> 00:04:46,400 Speaker 1: You have to first understand that people don't want money, 87 00:04:46,720 --> 00:04:48,400 Speaker 1: which I know sounds stupid and you're like, come on, Mark, 88 00:04:48,400 --> 00:04:49,920 Speaker 1: what are you talking about. That's ridiculous. Of course we 89 00:04:49,920 --> 00:04:51,720 Speaker 1: want money, We want as much money as we can. No, 90 00:04:51,880 --> 00:04:56,160 Speaker 1: you don't. You want the things that money buys you. Now, 91 00:04:56,200 --> 00:04:58,240 Speaker 1: money can sit there in your bank account or under 92 00:04:58,240 --> 00:05:01,240 Speaker 1: your mattress until your ready to now go get those 93 00:05:01,279 --> 00:05:03,159 Speaker 1: things that you want. But ultimately, you don't want money. 94 00:05:03,480 --> 00:05:04,960 Speaker 1: You want a house, you want a car, you want 95 00:05:04,960 --> 00:05:07,240 Speaker 1: a vacation, you want food, you want to close, etcetera. 96 00:05:07,320 --> 00:05:09,320 Speaker 1: That's what you want. It's the things that money buys you. 97 00:05:10,680 --> 00:05:13,360 Speaker 1: And so we've been talking about uh, well, for all 98 00:05:13,400 --> 00:05:18,520 Speaker 1: of history, money operates as a medium exchange, right, and so, um, 99 00:05:18,600 --> 00:05:21,240 Speaker 1: you didn't want my cow, so how about would you 100 00:05:21,279 --> 00:05:24,719 Speaker 1: take this thing instead? And this thing happened to be 101 00:05:24,800 --> 00:05:27,760 Speaker 1: a thing. It happened to be a rock, or a feather, 102 00:05:28,000 --> 00:05:30,320 Speaker 1: or a seashell or a piece of gold. And for 103 00:05:30,400 --> 00:05:34,440 Speaker 1: about five thousand years gold was money and then gold 104 00:05:34,560 --> 00:05:36,680 Speaker 1: backed currency. So then we kind of got into this 105 00:05:36,800 --> 00:05:40,480 Speaker 1: paper money system. We needed to speed up gold. Gold 106 00:05:40,480 --> 00:05:42,360 Speaker 1: was too slow. It's hard to send gold around, so 107 00:05:42,400 --> 00:05:44,039 Speaker 1: we put a debt instrument on top of it that 108 00:05:44,080 --> 00:05:46,920 Speaker 1: was the paper goal certificate, that was cash um, which 109 00:05:46,960 --> 00:05:49,960 Speaker 1: then turned into checking and credit cards, defic cards, etcetera. 110 00:05:50,440 --> 00:05:52,919 Speaker 1: But what most people don't realize is that as we 111 00:05:52,960 --> 00:05:56,159 Speaker 1: went into that new system really around nineteen, really sooner, 112 00:05:56,200 --> 00:05:59,159 Speaker 1: but the creation of the Federal Reserve happened in thirteen, 113 00:06:00,720 --> 00:06:03,320 Speaker 1: it was still backed by by gold, so there were 114 00:06:03,320 --> 00:06:05,679 Speaker 1: still gold in the banks to back up the paper 115 00:06:05,680 --> 00:06:08,160 Speaker 1: goal stickets that they printed. But that all changed in 116 00:06:09,400 --> 00:06:13,120 Speaker 1: and so we went onto a purely fiat monetary system. 117 00:06:13,160 --> 00:06:17,440 Speaker 1: So a purely um paper system. Fiat means by decree, 118 00:06:17,640 --> 00:06:20,360 Speaker 1: it means you use it because we say so. And 119 00:06:20,400 --> 00:06:22,920 Speaker 1: so we went onto this for about fifty years. Fifty 120 00:06:22,960 --> 00:06:25,440 Speaker 1: one years now we've been in this experiment where we 121 00:06:25,520 --> 00:06:29,680 Speaker 1: have this paper money that's worth nothing, that's not backed 122 00:06:29,760 --> 00:06:33,120 Speaker 1: up by anything. And the problem with that, I mean, 123 00:06:33,160 --> 00:06:35,440 Speaker 1: I could spend hour just talking about that. But the 124 00:06:35,440 --> 00:06:39,000 Speaker 1: problem is that there is no constraints now left on 125 00:06:39,279 --> 00:06:41,239 Speaker 1: the central banks for the people who control the money 126 00:06:41,320 --> 00:06:44,200 Speaker 1: to just print endless amounts of it. And the problem 127 00:06:44,240 --> 00:06:47,320 Speaker 1: is you can't do that because remember, the money is 128 00:06:47,360 --> 00:06:51,200 Speaker 1: worthless by itself. The money just represents the goods. So 129 00:06:51,240 --> 00:06:55,040 Speaker 1: if you increase the money faster than you increase the 130 00:06:55,080 --> 00:07:01,440 Speaker 1: supply of goods, surprise the price you get inflation. You 131 00:07:01,480 --> 00:07:04,200 Speaker 1: take all the money and you're divided by all the goods. 132 00:07:04,800 --> 00:07:07,359 Speaker 1: But if you increase the money, then the price of 133 00:07:07,400 --> 00:07:09,960 Speaker 1: those goods goes up. You have more money chasing limited goods. 134 00:07:09,960 --> 00:07:12,080 Speaker 1: And so at least when we're on a gold standard, 135 00:07:12,240 --> 00:07:15,920 Speaker 1: there was something holding the banks back. They couldn't just 136 00:07:16,120 --> 00:07:19,760 Speaker 1: arbitrarily go print money. They had to go spend money, resources, 137 00:07:19,800 --> 00:07:21,680 Speaker 1: time to go find the land, dig it out, you know, 138 00:07:21,720 --> 00:07:24,440 Speaker 1: dig the gold, alleground, process it, all those things. And 139 00:07:24,480 --> 00:07:26,440 Speaker 1: so for about fifty one years we've been onto this, 140 00:07:26,480 --> 00:07:29,840 Speaker 1: and so for about fifty one years people have been 141 00:07:29,840 --> 00:07:32,160 Speaker 1: saying this is going to end. This will not work. 142 00:07:32,440 --> 00:07:36,160 Speaker 1: You can't do this. You can't arbitrarrily create uh these papers, 143 00:07:36,240 --> 00:07:39,920 Speaker 1: these money claims out of thin air. Let me let 144 00:07:39,920 --> 00:07:43,120 Speaker 1: me put it to you this way. As long as 145 00:07:43,200 --> 00:07:46,720 Speaker 1: there are a group of people who have to exchange 146 00:07:46,760 --> 00:07:50,120 Speaker 1: their time for money, which means you and I were working, 147 00:07:51,360 --> 00:07:55,040 Speaker 1: and there's another group of people who can print unlimited 148 00:07:55,080 --> 00:07:59,080 Speaker 1: amounts of money, that will always lead to slavery. So 149 00:07:59,440 --> 00:08:02,160 Speaker 1: you have to create, you have to trade your labor, 150 00:08:02,200 --> 00:08:06,840 Speaker 1: your time. They print it by pushing a button, and 151 00:08:06,880 --> 00:08:10,239 Speaker 1: they can just steal your labor. You see how that works. 152 00:08:10,520 --> 00:08:11,840 Speaker 1: We always knew it was going to be a problem, 153 00:08:11,840 --> 00:08:13,880 Speaker 1: and so we've been talking about economis. I'm talking about 154 00:08:13,880 --> 00:08:15,840 Speaker 1: it for decades and decades. It's coming to it end 155 00:08:15,880 --> 00:08:19,200 Speaker 1: and it is rapidly approaching. So here we are back 156 00:08:19,240 --> 00:08:23,480 Speaker 1: to Canada and Canada again. Um was able to just 157 00:08:23,640 --> 00:08:26,280 Speaker 1: arbiturely change the rules, no due process of law. That's 158 00:08:26,280 --> 00:08:28,920 Speaker 1: a different subject. We can talk about that politically, that's 159 00:08:28,960 --> 00:08:32,360 Speaker 1: also signaling the end of a system, But financially, it's 160 00:08:32,360 --> 00:08:34,160 Speaker 1: signaled the end of a system because all of a sudden, 161 00:08:35,000 --> 00:08:37,720 Speaker 1: we just were put on notice that the money in 162 00:08:37,760 --> 00:08:40,559 Speaker 1: our bank account isn't actually our money any given time, 163 00:08:40,600 --> 00:08:44,000 Speaker 1: for no reason at all, they could just automatically freeze 164 00:08:44,000 --> 00:08:46,120 Speaker 1: that money. And I think that really put the world 165 00:08:46,120 --> 00:08:48,120 Speaker 1: on notice. It did a couple of other things. One 166 00:08:48,280 --> 00:08:52,520 Speaker 1: it showed their hand. It shows exactly where the central 167 00:08:52,559 --> 00:08:58,760 Speaker 1: powers are going to take things. And two it ruined trust. Now, 168 00:08:58,760 --> 00:08:59,960 Speaker 1: if you're just tuning in and listening to the Mark 169 00:09:00,080 --> 00:09:02,040 Speaker 1: Ma Show, we are talking about the way the world 170 00:09:02,080 --> 00:09:05,800 Speaker 1: is changing through the decentralized revolution. Today we are talking 171 00:09:05,800 --> 00:09:09,240 Speaker 1: about some things that happened this week that both killed 172 00:09:09,280 --> 00:09:12,640 Speaker 1: the existing monetary system and are bringing to life the 173 00:09:12,679 --> 00:09:15,000 Speaker 1: new monetary system. I'll be back with all of that 174 00:09:15,040 --> 00:09:17,080 Speaker 1: and more in a minute. Don't go away, and we're back, 175 00:09:17,600 --> 00:09:20,080 Speaker 1: all right, Welcome back. You are tuned in and listening 176 00:09:20,080 --> 00:09:23,240 Speaker 1: to the Mark Ma Show. We're talking about big things 177 00:09:23,240 --> 00:09:26,560 Speaker 1: that happened this week that one signaled the end of 178 00:09:26,600 --> 00:09:29,600 Speaker 1: the financial system that we have today, and two are 179 00:09:29,720 --> 00:09:32,320 Speaker 1: ushering in the new monetary system. And you need to 180 00:09:32,360 --> 00:09:34,679 Speaker 1: know about this because it is going to affect your 181 00:09:34,720 --> 00:09:37,400 Speaker 1: life in a big, big way. Of course, each and 182 00:09:37,400 --> 00:09:39,880 Speaker 1: every week we talk about the decentralized revolution, the way 183 00:09:39,920 --> 00:09:42,600 Speaker 1: the world is changing, and so we're talking about before 184 00:09:42,640 --> 00:09:46,439 Speaker 1: the break um the Canadian trucker protests, that that was 185 00:09:46,480 --> 00:09:49,360 Speaker 1: one of the big catalysts moving forward. What really happened 186 00:09:49,360 --> 00:09:51,800 Speaker 1: after that, and this is the ultimate catalyst that has 187 00:09:51,880 --> 00:09:55,400 Speaker 1: put the world onto a fast track to killing the 188 00:09:55,400 --> 00:09:58,200 Speaker 1: existing monetary system that we have, and that is the 189 00:09:58,240 --> 00:10:01,040 Speaker 1: outbreak of the Russia Ukraine War. Now, not getting into 190 00:10:01,080 --> 00:10:04,400 Speaker 1: the details of the war, what happened is there's three 191 00:10:04,400 --> 00:10:07,280 Speaker 1: global superpowers. We got the United States, we got China, 192 00:10:07,360 --> 00:10:10,880 Speaker 1: we got Russia. All three of those superpowers have nuclear weapons, 193 00:10:11,440 --> 00:10:15,439 Speaker 1: and one of those three nations had their bank accounts 194 00:10:15,600 --> 00:10:20,240 Speaker 1: frozen and ceased. Yep. So with a push of a button, 195 00:10:20,360 --> 00:10:22,640 Speaker 1: the G seven, the top seven nations in the world, 196 00:10:22,640 --> 00:10:26,520 Speaker 1: decided to just freeze their accounts, similar to what just 197 00:10:26,600 --> 00:10:31,559 Speaker 1: happened in Canada. Now, Canada, that happened to people, right, individuals, uh. 198 00:10:31,600 --> 00:10:35,240 Speaker 1: In the Russia situation, happened to a global superpower with 199 00:10:35,360 --> 00:10:39,400 Speaker 1: nuclear weapons. So if it can happen to individuals in Canada, 200 00:10:39,480 --> 00:10:41,559 Speaker 1: can certainly happen to me and you. If it can 201 00:10:41,600 --> 00:10:45,560 Speaker 1: happen to Russia, it can happen to any other country. 202 00:10:45,840 --> 00:10:49,240 Speaker 1: And every other country caught wind of that, every other 203 00:10:49,280 --> 00:10:53,920 Speaker 1: country realized that, and since then every other country has 204 00:10:53,960 --> 00:10:57,760 Speaker 1: been taking steps to protect themselves from that happening. Now, 205 00:10:57,920 --> 00:11:00,440 Speaker 1: Russia wasn't just holding dollars. As a matter of Russia 206 00:11:00,480 --> 00:11:03,520 Speaker 1: has been de dollarizing, getting rid of dollars for a 207 00:11:03,559 --> 00:11:06,000 Speaker 1: long time. Russia held a bunch of currencies, but it 208 00:11:06,000 --> 00:11:10,760 Speaker 1: didn't matter. It was in the existing financial system, which 209 00:11:10,800 --> 00:11:13,960 Speaker 1: the US government really has the main control over, and 210 00:11:14,040 --> 00:11:16,360 Speaker 1: so it didn't matter what currency they were holding. As 211 00:11:16,400 --> 00:11:18,480 Speaker 1: long as it was in that system, it could be 212 00:11:18,559 --> 00:11:22,440 Speaker 1: taken away. And like I said, every other nation saw that. Now, 213 00:11:22,640 --> 00:11:26,199 Speaker 1: since that happened, in my opinion, that was the final 214 00:11:26,559 --> 00:11:30,120 Speaker 1: death blow to the monetary system that we have today. Now, 215 00:11:30,440 --> 00:11:32,680 Speaker 1: when I say the death blow, you know if you've 216 00:11:33,160 --> 00:11:35,880 Speaker 1: you know, seen some action movie or whatever, and you know, 217 00:11:35,960 --> 00:11:37,960 Speaker 1: the good guy shoots the bad guy or something like that, 218 00:11:38,000 --> 00:11:40,800 Speaker 1: but he keeps like coming or you know an animal, right, 219 00:11:40,960 --> 00:11:44,000 Speaker 1: you shoot it, but it like still comes in attacks. So, uh, 220 00:11:44,200 --> 00:11:46,840 Speaker 1: just because it's received the death blow that will inevitably 221 00:11:46,960 --> 00:11:49,199 Speaker 1: kill it or end it, it doesn't mean that it 222 00:11:49,240 --> 00:11:51,319 Speaker 1: can't keep going for a while. And so that's kind 223 00:11:51,320 --> 00:11:53,600 Speaker 1: of what happened, right, I believe it was the death blow. 224 00:11:53,679 --> 00:11:56,640 Speaker 1: The whole world realized what happened. Since then, we've seen 225 00:11:56,679 --> 00:12:00,360 Speaker 1: other nations taking massive steps to d dollarizing get itself 226 00:12:00,360 --> 00:12:03,800 Speaker 1: out of the system, including China. Remember three superpowers. Now, 227 00:12:04,080 --> 00:12:06,400 Speaker 1: in a game of poker, a game of three card poker, 228 00:12:06,520 --> 00:12:08,319 Speaker 1: my goal is to make sure the other two people 229 00:12:08,320 --> 00:12:12,240 Speaker 1: don't team up against me. That's typically been the role 230 00:12:12,280 --> 00:12:14,199 Speaker 1: of the United States government, which was to make sure 231 00:12:14,400 --> 00:12:18,680 Speaker 1: China and Russia didn't team up against the US, but 232 00:12:18,800 --> 00:12:22,720 Speaker 1: now China and Russia have teamed up. Now I'm gonna 233 00:12:22,720 --> 00:12:25,480 Speaker 1: talk about about that more in a minute, but China 234 00:12:25,600 --> 00:12:29,400 Speaker 1: has now realized that, shoot, if that can happen to Russia, 235 00:12:29,600 --> 00:12:31,880 Speaker 1: it can happen to us, and so we better take 236 00:12:31,920 --> 00:12:34,200 Speaker 1: steps to make sure that we don't get sanctioned the 237 00:12:34,240 --> 00:12:37,160 Speaker 1: same way Russia did. Now is that because they're expecting 238 00:12:37,200 --> 00:12:39,960 Speaker 1: to do something that would cause them to be sanctioned, 239 00:12:40,200 --> 00:12:42,360 Speaker 1: or they just want to make sure they're not sanctioned. 240 00:12:42,520 --> 00:12:46,680 Speaker 1: We don't really know. My guess is it's probably the first. 241 00:12:47,840 --> 00:12:51,360 Speaker 1: But since that time, we've seen other nations taking these steps, 242 00:12:51,760 --> 00:12:56,800 Speaker 1: and Putin has been on his soapbox telling people that 243 00:12:56,840 --> 00:12:59,319 Speaker 1: they need to get their money out of the financial 244 00:12:59,320 --> 00:13:01,200 Speaker 1: system that the US controls, because if it can happen 245 00:13:01,240 --> 00:13:04,080 Speaker 1: to me, it can happen to you. So here is 246 00:13:04,120 --> 00:13:06,920 Speaker 1: a quote I'm going to read directly from Putin that 247 00:13:06,960 --> 00:13:09,120 Speaker 1: he gave in June of two thousand and twenty two, 248 00:13:09,160 --> 00:13:11,800 Speaker 1: just a couple of months ago. He said, quote, caught 249 00:13:11,880 --> 00:13:16,400 Speaker 1: in the inflationary storm. So I'll just pause there. So 250 00:13:16,440 --> 00:13:20,079 Speaker 1: caught the inflationary storm, so, uh, prices going up everywhere. 251 00:13:20,200 --> 00:13:22,160 Speaker 1: You don't have to be. Uh, you understand what I'm 252 00:13:22,200 --> 00:13:24,640 Speaker 1: talking about, right, Uh, it's all over the news. Inflation 253 00:13:24,679 --> 00:13:26,240 Speaker 1: prices are going up like crazy. So caught in this 254 00:13:26,280 --> 00:13:28,600 Speaker 1: inflationary storm where prices are going up so fast, nobody 255 00:13:28,640 --> 00:13:31,559 Speaker 1: can afford it. He says, back to the quote, many 256 00:13:31,720 --> 00:13:37,079 Speaker 1: nations are now asking why would we bother exchanging our 257 00:13:37,160 --> 00:13:41,679 Speaker 1: goods for dollars and euros when they're losing value right 258 00:13:41,720 --> 00:13:46,600 Speaker 1: before our very eyes. So i'mination, Remember, we don't want money. 259 00:13:46,920 --> 00:13:50,400 Speaker 1: What we want is goods and services. Money is not wealth. 260 00:13:50,720 --> 00:13:53,359 Speaker 1: Goods and services their wealth. I say this uh analogy 261 00:13:53,440 --> 00:13:55,760 Speaker 1: quite often. If I was stuck on a deserted island 262 00:13:55,880 --> 00:13:58,720 Speaker 1: and I had a billion dollars of cash, a billion 263 00:13:58,720 --> 00:14:03,160 Speaker 1: dollars of gold, a billion dollars of bitcoin, but I 264 00:14:03,200 --> 00:14:05,040 Speaker 1: had no goods or services. I had no boat to 265 00:14:05,040 --> 00:14:07,280 Speaker 1: get off the island, no phone to get help, no food, 266 00:14:07,320 --> 00:14:10,480 Speaker 1: no water, no clothes, no nothing, none of that. The 267 00:14:10,520 --> 00:14:13,760 Speaker 1: billion dollars of cash, gold, or bitcoin, they're all worthless. 268 00:14:14,960 --> 00:14:18,720 Speaker 1: The goods and services are wealth, not money. Many doesn't 269 00:14:19,600 --> 00:14:23,400 Speaker 1: money measures how much wealth I can acquire. It's not 270 00:14:23,480 --> 00:14:25,040 Speaker 1: wealth itself. Now, if there was a guy on the 271 00:14:25,080 --> 00:14:28,000 Speaker 1: island who uh you know, had some fishing lines and 272 00:14:28,040 --> 00:14:29,920 Speaker 1: he had fishing, he had coconuts, he would be the 273 00:14:30,000 --> 00:14:34,280 Speaker 1: wealthy one. So that's exactly what is happening here. He's saying, 274 00:14:34,360 --> 00:14:37,800 Speaker 1: why bother exchanging goods for dollars and euros when they're 275 00:14:37,800 --> 00:14:41,320 Speaker 1: losing value before of our eyes. So the goods are 276 00:14:41,400 --> 00:14:45,760 Speaker 1: the wealth. So if you're Russia, you have oil, you 277 00:14:45,800 --> 00:14:48,840 Speaker 1: have natural gas. That's goods. That's what the world wants. 278 00:14:48,840 --> 00:14:51,640 Speaker 1: They don't want the money, they need the energy. If 279 00:14:51,680 --> 00:14:55,360 Speaker 1: you're India, you have the rice. If you're Bulgaria, you 280 00:14:55,400 --> 00:14:59,320 Speaker 1: have firewood. If you're Norway, you have electricity. I don't 281 00:14:59,320 --> 00:15:03,640 Speaker 1: want to make this about Russia. Every nation has goods 282 00:15:03,680 --> 00:15:06,800 Speaker 1: that they sell. The more goods they sell into the world, 283 00:15:06,880 --> 00:15:09,320 Speaker 1: the more money comes back to them, the more wealth 284 00:15:09,400 --> 00:15:13,120 Speaker 1: they have. So he's saying, why bother exchanging your goods 285 00:15:13,440 --> 00:15:16,120 Speaker 1: that wheat that you grew, that rice that you grew, 286 00:15:16,280 --> 00:15:19,760 Speaker 1: Why would you give those goods up for dollars or 287 00:15:19,840 --> 00:15:24,160 Speaker 1: euros that are losing value right before our eyes. We 288 00:15:24,240 --> 00:15:26,040 Speaker 1: might as well just keep it in the ground. We'll 289 00:15:26,120 --> 00:15:29,800 Speaker 1: keep our wealth, right, So he says back to him, 290 00:15:30,000 --> 00:15:35,400 Speaker 1: the economy of imaginary wealth is being inevitably replaced by 291 00:15:35,440 --> 00:15:39,920 Speaker 1: the economy of real valuables and hard assets. So what 292 00:15:40,040 --> 00:15:42,760 Speaker 1: is he saying by that the economy of imaginary wealth. 293 00:15:42,920 --> 00:15:47,360 Speaker 1: Imaginary wealth is fiat currency where they push a button 294 00:15:47,400 --> 00:15:49,480 Speaker 1: and create an undimented amount as much as they want. 295 00:15:49,680 --> 00:15:53,160 Speaker 1: That's imaginary. They created it out of thin air. It's 296 00:15:53,160 --> 00:15:55,720 Speaker 1: a figment of their imagination. Now other people will accept it, 297 00:15:55,800 --> 00:15:57,520 Speaker 1: but they're starting to wake up to it. As Putin said, 298 00:15:57,520 --> 00:16:00,720 Speaker 1: why would you do that? The economy of imaginary wealth 299 00:16:00,800 --> 00:16:05,160 Speaker 1: is being inevitably replaced, replaced by what by the economy 300 00:16:05,280 --> 00:16:09,800 Speaker 1: of real valuables and hard assets like wheat and rice 301 00:16:10,000 --> 00:16:14,640 Speaker 1: and natural gas and oil, the things that people really need, copper, nickel, 302 00:16:15,840 --> 00:16:20,480 Speaker 1: real things that people want. That's what has value, all right, 303 00:16:20,720 --> 00:16:25,200 Speaker 1: So that's what he's saying. Now, since that's happened, um 304 00:16:25,240 --> 00:16:27,440 Speaker 1: in the last several months, I mean this this year, 305 00:16:28,120 --> 00:16:31,520 Speaker 1: we're seeing this happen faster and faster, and it's being 306 00:16:32,040 --> 00:16:35,480 Speaker 1: sped up by two things. One nations part of the 307 00:16:35,480 --> 00:16:38,040 Speaker 1: world wanting to move to this get rid of this 308 00:16:38,120 --> 00:16:41,080 Speaker 1: imagining wealth and replace it with real wealth. And at 309 00:16:41,080 --> 00:16:44,840 Speaker 1: the same time, the central banks that produced the imaginary wealth, 310 00:16:44,880 --> 00:16:48,600 Speaker 1: mainly the Federal Reserve which produces dollars and the European 311 00:16:48,600 --> 00:16:50,720 Speaker 1: Central Bank that produces euros that he was talking about. 312 00:16:51,040 --> 00:16:53,360 Speaker 1: Mainly those two banks are doing everything they can to 313 00:16:53,560 --> 00:16:56,560 Speaker 1: destroy their currencies as fast as they can, and the 314 00:16:56,600 --> 00:16:58,480 Speaker 1: other nations of the world are moving as fast as 315 00:16:58,480 --> 00:17:01,440 Speaker 1: they can too, away from the imaginary wealth into the 316 00:17:01,440 --> 00:17:04,359 Speaker 1: economy of real Well, so it's happening at the same time. 317 00:17:04,640 --> 00:17:08,280 Speaker 1: So let's talk about, uh, the end game for the 318 00:17:08,280 --> 00:17:11,520 Speaker 1: Fiat currencies, what the central banks are doing. Let's break 319 00:17:11,560 --> 00:17:14,920 Speaker 1: that down, and then we'll talk about this new system 320 00:17:14,960 --> 00:17:18,240 Speaker 1: that's being set up and what happened this week that 321 00:17:18,359 --> 00:17:21,439 Speaker 1: really shows just how fast this is happening. Um, if 322 00:17:21,440 --> 00:17:24,080 Speaker 1: you're just tuning in right now, uh, you're listening to 323 00:17:24,119 --> 00:17:26,359 Speaker 1: the market my show. We're talking about the decentralized revolution, 324 00:17:26,400 --> 00:17:29,080 Speaker 1: talking about the way the world is changing, and of 325 00:17:29,080 --> 00:17:31,600 Speaker 1: course we look at it through politics, finance, and technology. 326 00:17:31,600 --> 00:17:35,280 Speaker 1: We're talking about the money system, which is both political 327 00:17:35,320 --> 00:17:37,560 Speaker 1: and financial, and then we're gonna talk about the technology 328 00:17:37,600 --> 00:17:40,760 Speaker 1: piece that was introduced this week that is really going 329 00:17:40,800 --> 00:17:42,720 Speaker 1: to change this. If you've missed the beginning, don't worry, 330 00:17:42,880 --> 00:17:44,399 Speaker 1: I got your back. You can check me out on 331 00:17:44,440 --> 00:17:47,080 Speaker 1: the podcast. Just search Market Moss podcast on your on 332 00:17:47,119 --> 00:17:49,240 Speaker 1: your favorite podcast player, or you can watch them on 333 00:17:49,280 --> 00:17:52,600 Speaker 1: YouTube on my Market Disruptors channel not my Main Challenges 334 00:17:52,640 --> 00:17:55,320 Speaker 1: search YouTube Market Disruptors. I'll be back with that and 335 00:17:55,400 --> 00:17:56,919 Speaker 1: more in a minute. You do not want to miss it, 336 00:17:57,040 --> 00:17:59,919 Speaker 1: so don't go away. I'll be right back. All right, 337 00:18:00,000 --> 00:18:02,160 Speaker 1: Welcome back. You are listening to the Markma Show. We're 338 00:18:02,160 --> 00:18:05,560 Speaker 1: talking about the decentralized revolution, the way the world's changing 339 00:18:05,640 --> 00:18:07,919 Speaker 1: right before our very eyes through the lens of politics, finance, 340 00:18:07,920 --> 00:18:10,240 Speaker 1: and technology. Today. We we got a big one and 341 00:18:10,240 --> 00:18:11,560 Speaker 1: I got a lot to cover, so I gotta get 342 00:18:11,560 --> 00:18:15,080 Speaker 1: going through this fast. So we're talking about, um, how 343 00:18:15,119 --> 00:18:18,680 Speaker 1: the central banks, specifically the FED and NCB are destroying 344 00:18:18,800 --> 00:18:21,040 Speaker 1: the money system that we have today and the other 345 00:18:21,040 --> 00:18:23,640 Speaker 1: half of the world is actively building a new monetary 346 00:18:23,640 --> 00:18:26,640 Speaker 1: system at the same time. And then there's a technology 347 00:18:26,640 --> 00:18:28,680 Speaker 1: piece that was introduced this week that changes all of this. 348 00:18:28,840 --> 00:18:33,119 Speaker 1: So um, the imaginary wealth is this fiat money system 349 00:18:33,119 --> 00:18:35,520 Speaker 1: where the central banks just create this money, and so 350 00:18:35,640 --> 00:18:37,879 Speaker 1: we're seeing that die right before our very eyes. The 351 00:18:37,880 --> 00:18:40,399 Speaker 1: central banks are forced to continue to kill it. What 352 00:18:40,440 --> 00:18:42,480 Speaker 1: do I mean by that? Well, because we're in a 353 00:18:42,560 --> 00:18:46,240 Speaker 1: fake imaginary wealth back to Putin's quote, economy of imaginary wealth, 354 00:18:46,520 --> 00:18:49,960 Speaker 1: Fiat money being printed endlessly. We're all off of debt. 355 00:18:49,960 --> 00:18:52,879 Speaker 1: We're in a debt based monetary system. Now, with a 356 00:18:52,960 --> 00:18:55,960 Speaker 1: debt based monetary system, you always have to continue to 357 00:18:56,160 --> 00:18:59,600 Speaker 1: increase it inflate the balloon. If you don't continue to 358 00:18:59,680 --> 00:19:02,560 Speaker 1: inflate it, then it deflates and it dies. That's why 359 00:19:02,600 --> 00:19:04,600 Speaker 1: we keep having correction after correct after correction of the 360 00:19:04,640 --> 00:19:06,399 Speaker 1: central banks have to keep pumping it up, pumping it up, 361 00:19:06,400 --> 00:19:09,119 Speaker 1: pumping it up. The problem that we have today that 362 00:19:09,160 --> 00:19:11,000 Speaker 1: we haven't had in the past is we have this 363 00:19:11,240 --> 00:19:14,120 Speaker 1: massive inflation. So back to kind of Putin's quote where 364 00:19:14,119 --> 00:19:17,040 Speaker 1: he said, caught the inflationary storm, and so we have 365 00:19:17,040 --> 00:19:19,439 Speaker 1: this massive inflation. So how can the central banks continue 366 00:19:19,480 --> 00:19:22,359 Speaker 1: to increase money when we have this high inflation. Remember 367 00:19:22,400 --> 00:19:25,440 Speaker 1: we started at the beginning by saying that you take uh, 368 00:19:25,480 --> 00:19:28,360 Speaker 1: the money which you don't want divided by the goods 369 00:19:28,359 --> 00:19:30,760 Speaker 1: and services. What you do if you increase the money 370 00:19:30,840 --> 00:19:34,080 Speaker 1: without increasing the goods and services, you get massive inflation. 371 00:19:34,440 --> 00:19:36,760 Speaker 1: The problem is is the central banks need to continue 372 00:19:36,760 --> 00:19:40,960 Speaker 1: to inflate the money supply so if they don't, then 373 00:19:41,000 --> 00:19:44,600 Speaker 1: everything falls apart. The banking system drives up. There's no liquidity, 374 00:19:44,640 --> 00:19:47,120 Speaker 1: there's no loans. Now, the loans is how money is created. 375 00:19:47,160 --> 00:19:49,680 Speaker 1: So there's no liquidity, there's no loans, there's no money creation. 376 00:19:50,119 --> 00:19:54,120 Speaker 1: The thing falls apart, all the assets, stocks, bonds, real estate, 377 00:19:54,119 --> 00:19:56,280 Speaker 1: and they all lose value. The whole thing falls apart. 378 00:19:57,560 --> 00:20:00,240 Speaker 1: Or they can can keep it going, keep the ponds going, 379 00:20:00,359 --> 00:20:03,680 Speaker 1: keep the bubble going, but then we have inflation. Now 380 00:20:03,880 --> 00:20:07,720 Speaker 1: I don't have time to really go into all of this. Um, 381 00:20:09,520 --> 00:20:12,199 Speaker 1: let's see what I can cut out here. The problem 382 00:20:12,280 --> 00:20:14,960 Speaker 1: is that the FETE is trying to crush the demand, 383 00:20:15,080 --> 00:20:17,959 Speaker 1: so you stop spending as much. But the problem is 384 00:20:18,040 --> 00:20:20,760 Speaker 1: as they crush demand and as asset prices fall, like 385 00:20:20,760 --> 00:20:22,960 Speaker 1: I said, your stocks, bonds, real estate, et cetera, and 386 00:20:23,040 --> 00:20:25,879 Speaker 1: then people spend less money, there's less revenue going to 387 00:20:25,920 --> 00:20:29,240 Speaker 1: the government from capital gains, taxes and ira A distributions 388 00:20:29,240 --> 00:20:33,080 Speaker 1: and things like that, and then the government has less income. 389 00:20:33,520 --> 00:20:36,600 Speaker 1: If the government has less income, but they're still spending 390 00:20:36,640 --> 00:20:39,359 Speaker 1: the same or in our case, they're spending more. Now 391 00:20:39,359 --> 00:20:41,600 Speaker 1: they want to this whole glean green transition and spend 392 00:20:41,640 --> 00:20:44,200 Speaker 1: trillions of dollars to re you know, revamp the whole 393 00:20:44,280 --> 00:20:46,600 Speaker 1: U S economy. So they want to spend even more 394 00:20:46,640 --> 00:20:49,320 Speaker 1: money than they've ever spent before. And they have tax 395 00:20:49,359 --> 00:20:51,800 Speaker 1: receipts falling, So what does that mean? That means more printing. 396 00:20:52,640 --> 00:20:54,480 Speaker 1: We also have a problem where now the FETE is 397 00:20:54,760 --> 00:20:57,040 Speaker 1: UH and not to just FED, the e c B 398 00:20:57,119 --> 00:20:59,680 Speaker 1: as well, they're rapidly raising rates. Well, the FETE is 399 00:20:59,680 --> 00:21:04,399 Speaker 1: a bank and so um it receives interest on the 400 00:21:04,440 --> 00:21:07,440 Speaker 1: money that's given out, and it pays expenses. So those 401 00:21:07,480 --> 00:21:09,440 Speaker 1: income and expenses just like any other bank would have. 402 00:21:10,119 --> 00:21:14,199 Speaker 1: The problem is that as the Federal Reserve raises rates, 403 00:21:15,400 --> 00:21:17,639 Speaker 1: they have to pay out more interest than they were 404 00:21:17,640 --> 00:21:21,760 Speaker 1: paying out before and they have less income coming in. 405 00:21:21,960 --> 00:21:24,280 Speaker 1: That's the problem. As a matter of fact, the Fed 406 00:21:24,320 --> 00:21:27,120 Speaker 1: funds rate is on its way to four percent. At 407 00:21:27,160 --> 00:21:29,919 Speaker 1: four percent, the Federal Reserve will go from making a 408 00:21:30,040 --> 00:21:33,280 Speaker 1: hundred billion a year of profit that it gives to 409 00:21:33,320 --> 00:21:39,280 Speaker 1: the Treasury to losing almost three hundred billion per year. 410 00:21:39,880 --> 00:21:42,760 Speaker 1: Now the Treasury has no income. That's a big problem. 411 00:21:42,880 --> 00:21:45,520 Speaker 1: How long can they go from making a hunter billionaire 412 00:21:45,600 --> 00:21:49,240 Speaker 1: to losing three billion year? Well, the answer is they can't. 413 00:21:49,240 --> 00:21:51,600 Speaker 1: Not for very long, so they would go bankrupt, except 414 00:21:51,680 --> 00:21:54,399 Speaker 1: for central banks don't go bankrupt, So what would they do. 415 00:21:54,560 --> 00:21:58,479 Speaker 1: They'll print the money. So you can see very quickly 416 00:21:58,680 --> 00:22:03,639 Speaker 1: there's no other options. Are gonna have to continue printing money. Now, Um, 417 00:22:03,680 --> 00:22:07,800 Speaker 1: here's a way that somebody mclaude Um. He describes the 418 00:22:07,960 --> 00:22:11,040 Speaker 1: end game of Fiat currencies, and he says, um, you 419 00:22:11,080 --> 00:22:13,840 Speaker 1: go from something like the pandemic being a one off 420 00:22:13,880 --> 00:22:18,439 Speaker 1: crisis that required massive deficit spending my governments or they 421 00:22:18,440 --> 00:22:21,040 Speaker 1: had to print trillions and trillions of eleven trillion dollars 422 00:22:21,040 --> 00:22:23,560 Speaker 1: to pump it back up from COVID, we now have 423 00:22:23,600 --> 00:22:27,080 Speaker 1: a second one off crisis, a second one off um, 424 00:22:27,119 --> 00:22:30,560 Speaker 1: centered on subsidizing energy and food. So now all around, 425 00:22:30,680 --> 00:22:32,680 Speaker 1: specifically Europe, it's happen in the United States as well. 426 00:22:32,720 --> 00:22:36,600 Speaker 1: The governments are now having to subsidize the high prices 427 00:22:36,680 --> 00:22:39,000 Speaker 1: of energy and food, the problems they've created. Now they 428 00:22:39,000 --> 00:22:41,679 Speaker 1: have to print money for that. This will be followed 429 00:22:41,720 --> 00:22:44,960 Speaker 1: by further and increasing demands for inflation every funny, and 430 00:22:44,960 --> 00:22:46,840 Speaker 1: so then I gotta print money for more money for 431 00:22:46,880 --> 00:22:51,879 Speaker 1: that attempts to prevent Western economies contracting. So as I said, um, 432 00:22:51,960 --> 00:22:54,240 Speaker 1: if they don't keep pumping money in it starts contracting 433 00:22:55,200 --> 00:22:58,679 Speaker 1: it says uh buyer strikes in bond markets. Along with 434 00:22:58,760 --> 00:23:01,720 Speaker 1: collapsing bank credit, it will probably be the Kuda grace 435 00:23:02,040 --> 00:23:05,840 Speaker 1: for fiat currency. So that's where it dies. Now while 436 00:23:05,920 --> 00:23:09,480 Speaker 1: this is happening, it's fallen apart super fast. Most of 437 00:23:09,480 --> 00:23:11,040 Speaker 1: the world doesn't trust that they want to move out 438 00:23:11,040 --> 00:23:13,360 Speaker 1: of it, and the nations that are still using it 439 00:23:13,760 --> 00:23:18,800 Speaker 1: um they're facing massive inflationary pressers as they're just crushing 440 00:23:18,840 --> 00:23:22,240 Speaker 1: on their own. So now we have another part of 441 00:23:22,240 --> 00:23:24,600 Speaker 1: the world setting up their own currency. So we have 442 00:23:24,680 --> 00:23:27,480 Speaker 1: China and Russia who have now gotten together. Remember as 443 00:23:27,480 --> 00:23:29,920 Speaker 1: I said, the game of the goal of a game 444 00:23:29,920 --> 00:23:31,639 Speaker 1: of three card pokers to make sure my two opponents 445 00:23:31,680 --> 00:23:33,600 Speaker 1: don't team up on me, And here we have China 446 00:23:33,680 --> 00:23:37,040 Speaker 1: and Russia teaming up. As a matter of fact, it 447 00:23:37,040 --> 00:23:40,360 Speaker 1: appears that China has had partnered up with Russia before 448 00:23:40,520 --> 00:23:44,000 Speaker 1: the invasion happened, and Russia might have been waiting on 449 00:23:44,040 --> 00:23:46,560 Speaker 1: the invasion until China is ready for this. China had 450 00:23:46,600 --> 00:23:49,960 Speaker 1: to get ready for it. But now China and Russia 451 00:23:50,200 --> 00:23:52,919 Speaker 1: and what's known as the Bricks Nations. Brick stands for 452 00:23:53,200 --> 00:23:56,640 Speaker 1: b for Brazil are for Russia, I for India, see 453 00:23:56,720 --> 00:24:00,880 Speaker 1: for China, s for South Africa. That's the Brick Nations. 454 00:24:01,080 --> 00:24:04,359 Speaker 1: They've continued to expand. More and more nations around the 455 00:24:04,400 --> 00:24:08,280 Speaker 1: world have been joining this bricks alliance, including we've seen Iran, 456 00:24:08,440 --> 00:24:12,600 Speaker 1: We've seen Argentina, and now over half the people in 457 00:24:12,640 --> 00:24:16,440 Speaker 1: the world are now part of the Bricks Nations, and 458 00:24:16,480 --> 00:24:18,960 Speaker 1: they all realize that shoot, if it can happen to 459 00:24:19,080 --> 00:24:22,080 Speaker 1: Russia and China is worried about it, then I should 460 00:24:22,080 --> 00:24:25,560 Speaker 1: probably be worried about it too. And so we don't 461 00:24:25,600 --> 00:24:28,919 Speaker 1: want to continue using this money system that they they 462 00:24:29,040 --> 00:24:31,679 Speaker 1: the West Europe, you know, Europe and the US have 463 00:24:32,080 --> 00:24:34,800 Speaker 1: will set up our own And so the Bricks Nations 464 00:24:34,800 --> 00:24:38,080 Speaker 1: are now working on setting up their own monetary system 465 00:24:38,119 --> 00:24:43,040 Speaker 1: to compete with the US and Europe's monetary system, and 466 00:24:43,080 --> 00:24:46,480 Speaker 1: it's happening very very rapidly. As a matter of fact, 467 00:24:46,920 --> 00:24:49,400 Speaker 1: they've announced that they want to have a asset backed 468 00:24:49,600 --> 00:24:52,560 Speaker 1: potentially a gold or at least a commodities backed currency, 469 00:24:53,040 --> 00:24:56,680 Speaker 1: which I think the world would like. Back to Putin's claims, 470 00:24:57,920 --> 00:25:03,000 Speaker 1: he said that um, the quote was um. The economy 471 00:25:03,000 --> 00:25:05,280 Speaker 1: of imaginary wealth is being replaced with the economy of 472 00:25:05,359 --> 00:25:09,480 Speaker 1: real valuables. So they want to build a new economy 473 00:25:09,480 --> 00:25:13,160 Speaker 1: and new financial system built on real valuables to replace 474 00:25:13,640 --> 00:25:17,280 Speaker 1: the one built on imaginary wealth. So their words like, 475 00:25:17,320 --> 00:25:18,840 Speaker 1: we don't have to have a crystal ball. They're telling 476 00:25:18,920 --> 00:25:22,879 Speaker 1: us what is happening. They're doing this actively now this week, 477 00:25:23,119 --> 00:25:28,359 Speaker 1: what happened this week? President She from China left China 478 00:25:28,440 --> 00:25:31,640 Speaker 1: for the first time in two years since pre pandemic. 479 00:25:31,920 --> 00:25:36,040 Speaker 1: He hasn't gone anywhere, he hasn't met with anybody. He 480 00:25:36,119 --> 00:25:41,119 Speaker 1: doesn't care until now. So what happened this week that 481 00:25:41,200 --> 00:25:44,359 Speaker 1: was so important that they actually got President She to 482 00:25:44,560 --> 00:25:48,480 Speaker 1: leave China and travel halfway around the world. Well, it 483 00:25:48,560 --> 00:25:53,880 Speaker 1: was the s c O summit and President She wanted 484 00:25:53,920 --> 00:25:57,000 Speaker 1: to go, um go to this summit and meet with 485 00:25:57,080 --> 00:26:04,720 Speaker 1: President Putin to discuss a new financial system and uh 486 00:26:04,760 --> 00:26:08,000 Speaker 1: per the message coming out of China they said, quote 487 00:26:08,560 --> 00:26:12,400 Speaker 1: China is willing to work with Russian Russia on quote 488 00:26:12,440 --> 00:26:16,159 Speaker 1: core interests. China is willing to work with Russia on 489 00:26:16,200 --> 00:26:21,159 Speaker 1: their core interests. What are those core interests? With The 490 00:26:21,200 --> 00:26:27,479 Speaker 1: core interests are that China needs energy, they need they 491 00:26:27,520 --> 00:26:31,119 Speaker 1: need real things, the economy of real things. China needs energy, 492 00:26:31,480 --> 00:26:36,480 Speaker 1: Chinese food, Chinese those things, and Russia has those things. 493 00:26:36,760 --> 00:26:41,000 Speaker 1: Russia needs a buyer, China needs a supplier. Uh. They 494 00:26:41,119 --> 00:26:45,440 Speaker 1: both can't use the US dollar because of sanctions. So 495 00:26:45,520 --> 00:26:49,119 Speaker 1: what are their core interests? I need these things, you 496 00:26:49,119 --> 00:26:50,960 Speaker 1: want to sell these things, but we need a new 497 00:26:51,000 --> 00:26:52,600 Speaker 1: system to do it in because the old one doesn't 498 00:26:52,600 --> 00:26:56,320 Speaker 1: work for us anymore. That is what their core interests 499 00:26:56,400 --> 00:27:00,240 Speaker 1: are now. At the same time this is happening, we're 500 00:27:00,240 --> 00:27:03,879 Speaker 1: seeing them break the backbone of the existing system that 501 00:27:03,920 --> 00:27:05,440 Speaker 1: we have today. I'm gonna talk about that and more 502 00:27:05,480 --> 00:27:07,440 Speaker 1: in a minute. Um, you're listening to the Markmas Show. 503 00:27:07,440 --> 00:27:10,520 Speaker 1: We're talking about the decentralized revolution, talking about the way 504 00:27:10,840 --> 00:27:14,760 Speaker 1: the existing financial system is dying right before every eyes, 505 00:27:14,800 --> 00:27:17,000 Speaker 1: and another one is being propped up and stood up 506 00:27:17,359 --> 00:27:19,199 Speaker 1: right before our very eyes. I'm gonna explain it all 507 00:27:19,200 --> 00:27:21,080 Speaker 1: to you. It's gonna be super clear, and I'm gonna 508 00:27:21,080 --> 00:27:22,520 Speaker 1: talk about something else that happened this week with a 509 00:27:22,520 --> 00:27:26,119 Speaker 1: technology piece that's gonna be a massive driver of change, 510 00:27:26,160 --> 00:27:28,280 Speaker 1: and it's dangerous for you. Don't miss this, you don't 511 00:27:28,280 --> 00:27:31,480 Speaker 1: want to miss it. I'll be right back. Don't go away, 512 00:27:31,760 --> 00:27:34,720 Speaker 1: all right, Welcome back. You're listening to the Mark Mass Show. 513 00:27:34,720 --> 00:27:36,639 Speaker 1: We're talking about, of course each and every week, the 514 00:27:36,640 --> 00:27:40,679 Speaker 1: decentralized revolution, talking about the way right now today the 515 00:27:40,840 --> 00:27:43,879 Speaker 1: financial system is being reset and now we always look 516 00:27:43,920 --> 00:27:46,840 Speaker 1: at the lens of politics, finance, and technology. We're hitting 517 00:27:46,880 --> 00:27:49,119 Speaker 1: on all three of these today. If you've missed what 518 00:27:49,160 --> 00:27:50,640 Speaker 1: I've said, you've missed a lot. I can't go back 519 00:27:50,640 --> 00:27:52,119 Speaker 1: and repeat it, but you can check me out on 520 00:27:52,160 --> 00:27:55,040 Speaker 1: the podcast. Just search Mark Moss podcast on your favorite 521 00:27:55,040 --> 00:27:58,400 Speaker 1: podcast player, or go to my YouTube channel Market Disruptors 522 00:27:58,560 --> 00:28:01,920 Speaker 1: Market Disruptors on on YouTube and you can watch me 523 00:28:01,960 --> 00:28:04,679 Speaker 1: and listen to me there. Now, so China and Russia 524 00:28:04,720 --> 00:28:07,520 Speaker 1: they're getting together and the bricks nations. So bricks stands 525 00:28:07,520 --> 00:28:10,320 Speaker 1: for Brazil, Russia, India, China, South Africa. But now a 526 00:28:10,359 --> 00:28:12,560 Speaker 1: bunch of other nations have joined China, I'm sorry, joined 527 00:28:12,600 --> 00:28:15,360 Speaker 1: the bricks. Now they're half of the world population now, 528 00:28:16,400 --> 00:28:19,080 Speaker 1: I said. President gy went to go meet with UM 529 00:28:19,080 --> 00:28:22,360 Speaker 1: with Vladimir Putin this week, first time he's left China 530 00:28:22,400 --> 00:28:24,879 Speaker 1: in two years to work on what they called their 531 00:28:24,920 --> 00:28:29,520 Speaker 1: core interests. Remember, China wants to buy things they need 532 00:28:29,560 --> 00:28:33,600 Speaker 1: to and China Russia wants to sell things. Those are 533 00:28:33,720 --> 00:28:37,920 Speaker 1: mutual interests, and they both need to do them outside 534 00:28:37,920 --> 00:28:41,240 Speaker 1: of the dollars system that they have. So the core 535 00:28:41,240 --> 00:28:45,800 Speaker 1: interests are talking about are facilitating this trade and setting 536 00:28:45,920 --> 00:28:50,800 Speaker 1: up their own payment network. Now something else happened, something big. 537 00:28:50,840 --> 00:28:56,000 Speaker 1: Now what we've seen is that, as I was kind 538 00:28:56,000 --> 00:28:57,440 Speaker 1: of explained earlier, if you missed it, you can go 539 00:28:57,480 --> 00:28:59,840 Speaker 1: back and check out on the podcast. But are our 540 00:29:00,080 --> 00:29:03,400 Speaker 1: monetary system for all of recorded history has been built 541 00:29:03,400 --> 00:29:07,800 Speaker 1: off of commodities, real things, mostly gold. Five thousand years 542 00:29:07,800 --> 00:29:10,840 Speaker 1: of history over gold, gold and silver, but also rocks 543 00:29:10,920 --> 00:29:14,040 Speaker 1: or seashells, or um feathers or things like that, but 544 00:29:14,040 --> 00:29:18,360 Speaker 1: but actually real things. And uh it was it had 545 00:29:18,360 --> 00:29:21,560 Speaker 1: been gold for five thousand years. In one we left 546 00:29:21,560 --> 00:29:23,680 Speaker 1: the gold standard and now we're just in this fiat 547 00:29:23,720 --> 00:29:26,720 Speaker 1: currency model. And this is an experiment. Never in the 548 00:29:26,760 --> 00:29:28,680 Speaker 1: history of the world have we ran on a purely 549 00:29:28,840 --> 00:29:33,479 Speaker 1: paper debt system. And I believe that history books will 550 00:29:33,520 --> 00:29:36,120 Speaker 1: be written about this period in time and they're gonna go, 551 00:29:36,440 --> 00:29:39,480 Speaker 1: what the heck were they thinking. Couldn't they have seen 552 00:29:39,560 --> 00:29:42,280 Speaker 1: five thousand years of history and no, that wasn't gonna work. 553 00:29:42,600 --> 00:29:44,200 Speaker 1: I mean, we could have just thought through it and 554 00:29:44,200 --> 00:29:46,800 Speaker 1: told them it wouldn't have worked. And I believe that's 555 00:29:46,800 --> 00:29:50,200 Speaker 1: what history books will say. But um, we still have, 556 00:29:50,960 --> 00:29:54,440 Speaker 1: um this gold system and central banks around the world, 557 00:29:55,040 --> 00:29:58,400 Speaker 1: sovereign nations all around the world still hold massive amounts 558 00:29:58,400 --> 00:30:00,479 Speaker 1: of gold. As a matter of fact, the last two 559 00:30:00,560 --> 00:30:02,640 Speaker 1: years they've been buying more gold than they have in 560 00:30:02,720 --> 00:30:07,160 Speaker 1: any time in history since when we got off the 561 00:30:07,200 --> 00:30:10,320 Speaker 1: gold standard. So now these central banks they're buying up gold. 562 00:30:10,360 --> 00:30:15,440 Speaker 1: They realize, hey, this financial system, back to Putin's quote, Um, 563 00:30:15,680 --> 00:30:17,880 Speaker 1: the economy of imagining wealth is being replaced by the 564 00:30:17,920 --> 00:30:21,160 Speaker 1: economy of real values. The central banks see this, Hey, 565 00:30:21,200 --> 00:30:25,120 Speaker 1: this fake paper we have, it's being replaced by real things. 566 00:30:25,200 --> 00:30:28,480 Speaker 1: We need to buy more gold. The problem is is 567 00:30:28,520 --> 00:30:31,920 Speaker 1: that your government doesn't want you to understand that, and 568 00:30:31,960 --> 00:30:36,360 Speaker 1: so the price of gold is heavily, heavily manipulated. Now 569 00:30:36,480 --> 00:30:37,920 Speaker 1: I'm not going to dig into all that, but it's 570 00:30:37,920 --> 00:30:39,920 Speaker 1: being manipulated by a couple of ways. One, it's being 571 00:30:39,960 --> 00:30:44,840 Speaker 1: manipulated by, um, the London Buoyon Association. Every day, a 572 00:30:44,880 --> 00:30:46,160 Speaker 1: couple of guys get on the phone and set the 573 00:30:46,200 --> 00:30:47,920 Speaker 1: price of gold. It's not found in a free market. 574 00:30:48,160 --> 00:30:51,080 Speaker 1: They do it, all right, And what we're seeing is 575 00:30:51,120 --> 00:30:55,200 Speaker 1: that now Russia and China, the bricks nations, have proposed 576 00:30:55,640 --> 00:30:58,720 Speaker 1: a new standard to compete with the l b m A. 577 00:30:59,360 --> 00:31:02,360 Speaker 1: Now i've a they're doing this. They said they're doing this. 578 00:31:02,480 --> 00:31:05,240 Speaker 1: I believe they do it. Now guarantee they're going to succeed. No, 579 00:31:05,360 --> 00:31:07,840 Speaker 1: not necessarily, but they're doing it. And if they can 580 00:31:07,880 --> 00:31:10,720 Speaker 1: break the back of gold or the i should say, 581 00:31:10,760 --> 00:31:13,160 Speaker 1: the grip of manipulation on the price of gold, we 582 00:31:13,200 --> 00:31:17,000 Speaker 1: could see gold explode higher, and a lot of people 583 00:31:17,040 --> 00:31:18,840 Speaker 1: ask will see this. As a matter of fact, I 584 00:31:18,840 --> 00:31:21,800 Speaker 1: saw this article that says the that the gold and 585 00:31:21,960 --> 00:31:25,920 Speaker 1: silver has been leading leaving the exchange, has been leaving 586 00:31:25,960 --> 00:31:28,280 Speaker 1: these the comics and the l b m A as 587 00:31:28,400 --> 00:31:30,480 Speaker 1: fast as it possibly can. As a matter of fact, 588 00:31:30,880 --> 00:31:34,920 Speaker 1: the in London, the silver inventories continue to plummet as 589 00:31:35,000 --> 00:31:38,320 Speaker 1: metals exit the l B m A vaults. Where is 590 00:31:38,320 --> 00:31:41,200 Speaker 1: all the gold and silver going, It's being sucked out 591 00:31:41,240 --> 00:31:44,520 Speaker 1: of the system. Could it be that all of these 592 00:31:44,600 --> 00:31:47,600 Speaker 1: nations are buying up as much maybe just Russia and 593 00:31:47,680 --> 00:31:49,960 Speaker 1: China are buying up as much gold and silver as 594 00:31:49,960 --> 00:31:52,880 Speaker 1: they can knowing that they're going to make this flip. 595 00:31:53,240 --> 00:31:58,600 Speaker 1: And once they do, the ECB Canada, which owns no gold, 596 00:31:58,640 --> 00:32:00,240 Speaker 1: and the US won't be able to get any because 597 00:32:00,280 --> 00:32:03,400 Speaker 1: there won't be any for delivery. Could it be that now, 598 00:32:03,600 --> 00:32:08,240 Speaker 1: while this is happening, the old system is dying under attack. 599 00:32:08,440 --> 00:32:12,200 Speaker 1: There's a new system trying to be stood up. So 600 00:32:12,320 --> 00:32:14,880 Speaker 1: what am I talking about here? So we saw this week, 601 00:32:15,240 --> 00:32:18,560 Speaker 1: well a few months ago the White House, I shouldn't 602 00:32:18,560 --> 00:32:22,080 Speaker 1: say the White House. President Biden signed an executive order 603 00:32:22,080 --> 00:32:25,160 Speaker 1: on March nine, and executive order means I'm the I'm 604 00:32:25,200 --> 00:32:28,720 Speaker 1: the president, I'm the dictator. What I say matters. I'm 605 00:32:28,720 --> 00:32:31,040 Speaker 1: going to demand this happens. And so they opened up 606 00:32:31,040 --> 00:32:36,320 Speaker 1: an executive order to um dig into the responsible development 607 00:32:36,320 --> 00:32:39,360 Speaker 1: of digital assets. And he wanted all this research done 608 00:32:39,360 --> 00:32:41,440 Speaker 1: and they wanted to come back with this framework and 609 00:32:41,480 --> 00:32:43,800 Speaker 1: things like that. And that's exactly what happened. And so 610 00:32:43,880 --> 00:32:47,760 Speaker 1: we see this came back just this week and this 611 00:32:47,800 --> 00:32:52,000 Speaker 1: is big news. So um now the White House recommends 612 00:32:52,640 --> 00:32:57,400 Speaker 1: creating a digital dollar, and the Biden men actually outlined 613 00:32:57,400 --> 00:33:00,960 Speaker 1: a plan for this. It says the administration is moving 614 00:33:00,960 --> 00:33:03,920 Speaker 1: closer to developing a digital currency for the US, saying 615 00:33:03,920 --> 00:33:06,240 Speaker 1: it will help strengthen the nation's role as a Global 616 00:33:06,280 --> 00:33:09,760 Speaker 1: Financial Leader. Uh no, it won't. It's still going to 617 00:33:09,840 --> 00:33:13,360 Speaker 1: be fake. The world is moving to real things. It 618 00:33:13,480 --> 00:33:16,400 Speaker 1: released a framework owning outline of the regulation of digital assets, 619 00:33:16,400 --> 00:33:19,960 Speaker 1: including including cryptocurrency UM for the past six months since 620 00:33:20,040 --> 00:33:25,400 Speaker 1: March Executive Order fourteen O six seven quote Ensuring Responsible 621 00:33:25,400 --> 00:33:28,440 Speaker 1: Development for Digital Assets UM like I said, the agencies 622 00:33:28,440 --> 00:33:33,000 Speaker 1: have been working to develop this framework, and the framework 623 00:33:33,120 --> 00:33:38,520 Speaker 1: suggests the government creates a central bank digital currency, or 624 00:33:38,640 --> 00:33:40,920 Speaker 1: we call it a c b d C. They say 625 00:33:40,920 --> 00:33:44,120 Speaker 1: a CBDC would make it possible, would make possible an 626 00:33:44,160 --> 00:33:48,800 Speaker 1: efficient payment system, create technical innovations, facilitate cross border transactions, 627 00:33:48,960 --> 00:33:54,400 Speaker 1: all why while fostering environmental sustainability because that's what everybody wants, right. 628 00:33:55,520 --> 00:33:57,160 Speaker 1: So the discussion of a digital dollar has lad to 629 00:33:57,240 --> 00:34:01,080 Speaker 1: unfounded charges that will lead to government control of digital assets. 630 00:34:02,440 --> 00:34:06,160 Speaker 1: It's not unfounded. I'm gonna break that down because they say, 631 00:34:06,200 --> 00:34:08,680 Speaker 1: in fact U S dollars currently already exist in commercial 632 00:34:08,680 --> 00:34:13,720 Speaker 1: banks across the country. Hypothetical digital dollar would be regulated 633 00:34:13,719 --> 00:34:15,560 Speaker 1: as the physical dollar is, by the central Bank and 634 00:34:15,600 --> 00:34:20,600 Speaker 1: the full faith and backing of the central Bank. So yes, 635 00:34:20,920 --> 00:34:23,920 Speaker 1: we use digital dollars. I don't really use any physical 636 00:34:23,920 --> 00:34:25,840 Speaker 1: dollars anymore. I use my debit card, I use my 637 00:34:25,840 --> 00:34:28,959 Speaker 1: credit card everywhere I go. I'm guessing you do as well. Well. 638 00:34:29,000 --> 00:34:32,400 Speaker 1: Over of all transactions done today are done digitally. But 639 00:34:32,440 --> 00:34:36,640 Speaker 1: the CBD is different because it's programmable money. So right now, 640 00:34:36,760 --> 00:34:38,400 Speaker 1: the government can freeze your bank accounts. We saw that 641 00:34:38,440 --> 00:34:39,759 Speaker 1: in Canada. That's what I opened up the show with. 642 00:34:39,880 --> 00:34:41,640 Speaker 1: Right we saw that in Canada they froze the bank accounts. 643 00:34:41,920 --> 00:34:43,839 Speaker 1: The government could freeze your bank count anytime they want. 644 00:34:43,960 --> 00:34:46,920 Speaker 1: That's the danger. It's a problem. But a CBDC is 645 00:34:46,920 --> 00:34:51,600 Speaker 1: something completely different. It's programmable, so I can program the money. Hey, 646 00:34:51,640 --> 00:34:54,960 Speaker 1: nothing good happens after midnight, so you know your money 647 00:34:55,000 --> 00:34:57,520 Speaker 1: is no you can't spend money after midnight. Um. You 648 00:34:57,560 --> 00:34:59,719 Speaker 1: know what, Um, eating red meat is no good for you, 649 00:34:59,800 --> 00:35:04,439 Speaker 1: so you're not allowed to spend money on red meat anymore. Um. 650 00:35:04,480 --> 00:35:07,800 Speaker 1: You know, anyone who doesn't agree with us, Republicans are dangerous. 651 00:35:08,080 --> 00:35:10,520 Speaker 1: Republicans are dangerous, So anybody that's even associated with them, 652 00:35:10,520 --> 00:35:13,720 Speaker 1: they can't spend money anymore. And you see, it's programmable. 653 00:35:14,520 --> 00:35:17,399 Speaker 1: It's way different than anything that we have today. It's 654 00:35:17,440 --> 00:35:20,040 Speaker 1: completely different. As a matter of fact, it will be 655 00:35:20,880 --> 00:35:24,319 Speaker 1: the greatest I'm gonna put that down right here, the 656 00:35:24,640 --> 00:35:32,239 Speaker 1: greatest tool for authoritarianism surveillance that we that that we've 657 00:35:32,280 --> 00:35:36,239 Speaker 1: ever seen. This is the tool that all governments have 658 00:35:36,400 --> 00:35:39,920 Speaker 1: wanted and want today. The reason why is because without 659 00:35:39,960 --> 00:35:45,520 Speaker 1: the freedom of payments, there is no freedom. We're guaranteed 660 00:35:45,520 --> 00:35:47,360 Speaker 1: the freedom to assemble, but if I can't pay to 661 00:35:47,360 --> 00:35:48,920 Speaker 1: put gas in my truck to drive, they simply I 662 00:35:48,920 --> 00:35:50,359 Speaker 1: have no freedom. If I can't pay for a meal 663 00:35:50,360 --> 00:35:51,719 Speaker 1: when I'm there, I have no freedom. I have a 664 00:35:51,760 --> 00:35:53,719 Speaker 1: freedom of speech, but if I can't pay to have 665 00:35:53,760 --> 00:35:56,000 Speaker 1: a phone to go on social media or a microphone 666 00:35:56,040 --> 00:35:57,560 Speaker 1: to talk to you, I have no freedom of speech. 667 00:35:58,600 --> 00:36:00,840 Speaker 1: And if they can take control all of the money, 668 00:36:02,200 --> 00:36:06,279 Speaker 1: they can take control of freedom overall. And so one 669 00:36:06,360 --> 00:36:10,160 Speaker 1: system is dying, one system is being created. The central 670 00:36:10,160 --> 00:36:14,160 Speaker 1: bank digital currency is the greatest threat to our freedom 671 00:36:14,239 --> 00:36:15,640 Speaker 1: and need to be aware of it. You can do 672 00:36:15,680 --> 00:36:17,759 Speaker 1: a whole another show breaking this down. I'm running short 673 00:36:17,800 --> 00:36:20,799 Speaker 1: on time, but just know this all happened this week. 674 00:36:21,280 --> 00:36:24,400 Speaker 1: G went and met with Russia, his first trip in 675 00:36:24,400 --> 00:36:27,560 Speaker 1: two years, to establish a new financial system, and the US, 676 00:36:27,640 --> 00:36:30,920 Speaker 1: trying to maintain what they have, is recommending the greatest 677 00:36:30,960 --> 00:36:33,040 Speaker 1: surveillance and control tool in the history of the world. 678 00:36:33,920 --> 00:36:36,080 Speaker 1: We're seeing a battle play out in real time. It's interesting. 679 00:36:36,160 --> 00:36:38,680 Speaker 1: This is the decentralized revolution that I'm talking about each 680 00:36:38,680 --> 00:36:40,920 Speaker 1: and every week you're listening to the Markmas Show. Like 681 00:36:40,920 --> 00:36:43,360 Speaker 1: I said, we talked about the decentralized revolution each and 682 00:36:43,520 --> 00:36:46,959 Speaker 1: every week, talking about the way the world is changing 683 00:36:46,960 --> 00:36:49,759 Speaker 1: through the lens of politics, finance, and technology. This is 684 00:36:49,760 --> 00:36:52,040 Speaker 1: what you need to know. Don't miss me. If you 685 00:36:52,080 --> 00:36:53,640 Speaker 1: missed any of this, you can check it out on 686 00:36:53,680 --> 00:36:56,280 Speaker 1: the podcast, your search market MOS podcast or on YouTube. 687 00:36:56,440 --> 00:36:59,640 Speaker 1: Just go to Market Disruptors and catch me there. That's 688 00:36:59,640 --> 00:37:02,640 Speaker 1: what I got. Thanks for listening today. Till next time.