Speaker 1: Hello, and welcome to another episode of the Mark mo Show,
Speaker 1: where we talk about the decentralized revolution. We talk about
Speaker 1: the way the world is changing right before every ice,
Speaker 1: swinging from um a peak centralization and back to decentralization.
Speaker 1: We look at this each and every week what I
Speaker 1: like to call the signpost. We know that we're getting
Speaker 1: closer to this climax, the pendulums swinging back. And we
Speaker 1: know this because of the signposts that we see all
Speaker 1: around us. We look at them through the lens of
Speaker 1: both or of all three of the politics, finance, and
Speaker 1: of course technology, A lot of other not a lot.
Speaker 1: A few other analysts like Ray Dalio have put out
Speaker 1: some amazing books talking about how this UM changing of
Speaker 1: the guard, if you will, is coming to pass. But
Speaker 1: what they leave out is the technology piece, which is
Speaker 1: the biggest catalyst. When you look back through thousands of
Speaker 1: years of history, it's always technology that changes things. Today
Speaker 1: we're gonna talk about UM something big and this is
Speaker 1: all three. It's politics, it's finance, and it's technology. We
Speaker 1: look at the intersection of those three things. That's what
Speaker 1: we focus on this show. So UM I try to
Speaker 1: bring to you some education. So I can kind of
Speaker 1: help you understand this. You can understand differently some of
Speaker 1: the latest breaking news and of course some exciting guests
Speaker 1: you don't have to listen to me talk all the time.
Speaker 1: Today we are talking about education and we're gonna dig into,
Speaker 1: like I said that, the convergence of those three politics,
Speaker 1: finance and technology, and talk about money. Talk about something big.
Speaker 1: I'm talking about money. Money is um basically half of
Speaker 1: every transaction that you make in your life. So you
Speaker 1: trade your money for a house, you trade your money
Speaker 1: for a meal, you trade your money for a bus ticket,
Speaker 1: you trade your money, right, it's always half of that. Now,
Speaker 1: money is uh, pretty misunderstood. Most people don't really know
Speaker 1: what it is. I mean, you think you do, right,
Speaker 1: it's it's in your pocket or it's on your debit
Speaker 1: card allows you buy things. But you don't really understand
Speaker 1: what money is. And more importantly, you don't understand how
Speaker 1: money is changing right now and what that means. And
Speaker 1: so it's happening right now, right before our very eyes.
Speaker 1: And uh, I want to talk about that because this
Speaker 1: week some big, big, big news were made specifically around
Speaker 1: money from multiple angles both um, showing that the existing
Speaker 1: form of money. What we've known, what we have is
Speaker 1: being challenged and it's dying. And this week also the
Speaker 1: new forms of money have been pushed and promoted. So
Speaker 1: we're seeing both one dying and one rising up at
Speaker 1: the exact same time. And so I want to explain
Speaker 1: to you what that is. And so let's just jump
Speaker 1: into it. So I've been talking about this for months
Speaker 1: and months and months ever since. Really, well, I've been
Speaker 1: talking about for years on my main YouTube channel. If
Speaker 1: you don't watch me on YouTube, you should just search
Speaker 1: Mark Moss on YouTube, and um on those YouTube videos,
Speaker 1: it's obviously UM it's video. So I use lots of
Speaker 1: graphs and charts and headlines, but I like to call
Speaker 1: the receipts and I show you this. And I've been
Speaker 1: talking about this for years. But you know, really we've
Speaker 1: seen this acceleration of the existing monetary system die um
Speaker 1: just this year in and really where things really sped up,
Speaker 1: in my opinion, were during the trucker protests that were
Speaker 1: happening in Canada. And the reason why things really sped
Speaker 1: up at that point is because of the actions or
Speaker 1: I should say, uh, yeah, the actions that were taken
Speaker 1: by the government of of of Canada against not only
Speaker 1: just the truckers, but anybody who supported them. So they
Speaker 1: went on to do something that was legally protected under
Speaker 1: their constitution. The government didn't like it, and anybody that
Speaker 1: was involved, including anybody who UM supported that, came under
Speaker 1: punishment from the government because the government just arbitrarily decided
Speaker 1: to change the rules. There was no um due process,
Speaker 1: there was no change in the constitution. Um, they just
Speaker 1: went and hit a button and froze people's bank accounts. Mothers,
Speaker 1: single mothers who donated dollars to this had their accounts frozen.
Speaker 1: I think that's where things really really really accelerated. Now again,
Speaker 1: I've been talking about kind of the end of the
Speaker 1: monetary system as we know it for years. We've all
Speaker 1: been talking about you've got the Peter Shifts of the world,
Speaker 1: Mike Maloney's, they've been talking about it for decades, how
Speaker 1: this dollar system that we have today would eventually come
Speaker 1: to an end. And it's not just the dollar system,
Speaker 1: it's the Fiat money system. Now, a lot of you
Speaker 1: may don't know what that means. Let me just explain
Speaker 1: it to you really quick. For all of history, recorded history,
Speaker 1: what we know, we've had commodity money, meaning real things.
Speaker 1: You have to first understand that people don't want money,
Speaker 1: which I know sounds stupid and you're like, come on, Mark,
Speaker 1: what are you talking about. That's ridiculous. Of course we
Speaker 1: want money, We want as much money as we can. No,
Speaker 1: you don't. You want the things that money buys you. Now,
Speaker 1: money can sit there in your bank account or under
Speaker 1: your mattress until your ready to now go get those
Speaker 1: things that you want. But ultimately, you don't want money.
Speaker 1: You want a house, you want a car, you want
Speaker 1: a vacation, you want food, you want to close, etcetera.
Speaker 1: That's what you want. It's the things that money buys you.
Speaker 1: And so we've been talking about uh, well, for all
Speaker 1: of history, money operates as a medium exchange, right, and so, um,
Speaker 1: you didn't want my cow, so how about would you
Speaker 1: take this thing instead? And this thing happened to be
Speaker 1: a thing. It happened to be a rock, or a feather,
Speaker 1: or a seashell or a piece of gold. And for
Speaker 1: about five thousand years gold was money and then gold
Speaker 1: backed currency. So then we kind of got into this
Speaker 1: paper money system. We needed to speed up gold. Gold
Speaker 1: was too slow. It's hard to send gold around, so
Speaker 1: we put a debt instrument on top of it that
Speaker 1: was the paper goal certificate, that was cash um, which
Speaker 1: then turned into checking and credit cards, defic cards, etcetera.
Speaker 1: But what most people don't realize is that as we
Speaker 1: went into that new system really around nineteen, really sooner,
Speaker 1: but the creation of the Federal Reserve happened in thirteen,
Speaker 1: it was still backed by by gold, so there were
Speaker 1: still gold in the banks to back up the paper
Speaker 1: goal stickets that they printed. But that all changed in
Speaker 1: and so we went onto a purely fiat monetary system.
Speaker 1: So a purely um paper system. Fiat means by decree,
Speaker 1: it means you use it because we say so. And
Speaker 1: so we went onto this for about fifty years. Fifty
Speaker 1: one years now we've been in this experiment where we
Speaker 1: have this paper money that's worth nothing, that's not backed
Speaker 1: up by anything. And the problem with that, I mean,
Speaker 1: I could spend hour just talking about that. But the
Speaker 1: problem is that there is no constraints now left on
Speaker 1: the central banks for the people who control the money
Speaker 1: to just print endless amounts of it. And the problem
Speaker 1: is you can't do that because remember, the money is
Speaker 1: worthless by itself. The money just represents the goods. So
Speaker 1: if you increase the money faster than you increase the
Speaker 1: supply of goods, surprise the price you get inflation. You
Speaker 1: take all the money and you're divided by all the goods.
Speaker 1: But if you increase the money, then the price of
Speaker 1: those goods goes up. You have more money chasing limited goods.
Speaker 1: And so at least when we're on a gold standard,
Speaker 1: there was something holding the banks back. They couldn't just
Speaker 1: arbitrarily go print money. They had to go spend money, resources,
Speaker 1: time to go find the land, dig it out, you know,
Speaker 1: dig the gold, alleground, process it, all those things. And
Speaker 1: so for about fifty one years we've been onto this,
Speaker 1: and so for about fifty one years people have been
Speaker 1: saying this is going to end. This will not work.
Speaker 1: You can't do this. You can't arbitrarrily create uh these papers,
Speaker 1: these money claims out of thin air. Let me let
Speaker 1: me put it to you this way. As long as
Speaker 1: there are a group of people who have to exchange
Speaker 1: their time for money, which means you and I were working,
Speaker 1: and there's another group of people who can print unlimited
Speaker 1: amounts of money, that will always lead to slavery. So
Speaker 1: you have to create, you have to trade your labor,
Speaker 1: your time. They print it by pushing a button, and
Speaker 1: they can just steal your labor. You see how that works.
Speaker 1: We always knew it was going to be a problem,
Speaker 1: and so we've been talking about economis. I'm talking about
Speaker 1: it for decades and decades. It's coming to it end
Speaker 1: and it is rapidly approaching. So here we are back
Speaker 1: to Canada and Canada again. Um was able to just
Speaker 1: arbiturely change the rules, no due process of law. That's
Speaker 1: a different subject. We can talk about that politically, that's
Speaker 1: also signaling the end of a system, But financially, it's
Speaker 1: signaled the end of a system because all of a sudden,
Speaker 1: we just were put on notice that the money in
Speaker 1: our bank account isn't actually our money any given time,
Speaker 1: for no reason at all, they could just automatically freeze
Speaker 1: that money. And I think that really put the world
Speaker 1: on notice. It did a couple of other things. One
Speaker 1: it showed their hand. It shows exactly where the central
Speaker 1: powers are going to take things. And two it ruined trust. Now,
Speaker 1: if you're just tuning in and listening to the Mark
Speaker 1: Ma Show, we are talking about the way the world
Speaker 1: is changing through the decentralized revolution. Today we are talking
Speaker 1: about some things that happened this week that both killed
Speaker 1: the existing monetary system and are bringing to life the
Speaker 1: new monetary system. I'll be back with all of that
Speaker 1: and more in a minute. Don't go away, and we're back,
Speaker 1: all right, Welcome back. You are tuned in and listening
Speaker 1: to the Mark Ma Show. We're talking about big things
Speaker 1: that happened this week that one signaled the end of
Speaker 1: the financial system that we have today, and two are
Speaker 1: ushering in the new monetary system. And you need to
Speaker 1: know about this because it is going to affect your
Speaker 1: life in a big, big way. Of course, each and
Speaker 1: every week we talk about the decentralized revolution, the way
Speaker 1: the world is changing, and so we're talking about before
Speaker 1: the break um the Canadian trucker protests, that that was
Speaker 1: one of the big catalysts moving forward. What really happened
Speaker 1: after that, and this is the ultimate catalyst that has
Speaker 1: put the world onto a fast track to killing the
Speaker 1: existing monetary system that we have, and that is the
Speaker 1: outbreak of the Russia Ukraine War. Now, not getting into
Speaker 1: the details of the war, what happened is there's three
Speaker 1: global superpowers. We got the United States, we got China,
Speaker 1: we got Russia. All three of those superpowers have nuclear weapons,
Speaker 1: and one of those three nations had their bank accounts
Speaker 1: frozen and ceased. Yep. So with a push of a button,
Speaker 1: the G seven, the top seven nations in the world,
Speaker 1: decided to just freeze their accounts, similar to what just
Speaker 1: happened in Canada. Now, Canada, that happened to people, right, individuals, uh.
Speaker 1: In the Russia situation, happened to a global superpower with
Speaker 1: nuclear weapons. So if it can happen to individuals in Canada,
Speaker 1: can certainly happen to me and you. If it can
Speaker 1: happen to Russia, it can happen to any other country.
Speaker 1: And every other country caught wind of that, every other
Speaker 1: country realized that, and since then every other country has
Speaker 1: been taking steps to protect themselves from that happening. Now,
Speaker 1: Russia wasn't just holding dollars. As a matter of Russia
Speaker 1: has been de dollarizing, getting rid of dollars for a
Speaker 1: long time. Russia held a bunch of currencies, but it
Speaker 1: didn't matter. It was in the existing financial system, which
Speaker 1: the US government really has the main control over, and
Speaker 1: so it didn't matter what currency they were holding. As
Speaker 1: long as it was in that system, it could be
Speaker 1: taken away. And like I said, every other nation saw that. Now,
Speaker 1: since that happened, in my opinion, that was the final
Speaker 1: death blow to the monetary system that we have today. Now,
Speaker 1: when I say the death blow, you know if you've
Speaker 1: you know, seen some action movie or whatever, and you know,
Speaker 1: the good guy shoots the bad guy or something like that,
Speaker 1: but he keeps like coming or you know an animal, right,
Speaker 1: you shoot it, but it like still comes in attacks. So, uh,
Speaker 1: just because it's received the death blow that will inevitably
Speaker 1: kill it or end it, it doesn't mean that it
Speaker 1: can't keep going for a while. And so that's kind
Speaker 1: of what happened, right, I believe it was the death blow.
Speaker 1: The whole world realized what happened. Since then, we've seen
Speaker 1: other nations taking massive steps to d dollarizing get itself
Speaker 1: out of the system, including China. Remember three superpowers. Now,
Speaker 1: in a game of poker, a game of three card poker,
Speaker 1: my goal is to make sure the other two people
Speaker 1: don't team up against me. That's typically been the role
Speaker 1: of the United States government, which was to make sure
Speaker 1: China and Russia didn't team up against the US, but
Speaker 1: now China and Russia have teamed up. Now I'm gonna
Speaker 1: talk about about that more in a minute, but China
Speaker 1: has now realized that, shoot, if that can happen to Russia,
Speaker 1: it can happen to us, and so we better take
Speaker 1: steps to make sure that we don't get sanctioned the
Speaker 1: same way Russia did. Now is that because they're expecting
Speaker 1: to do something that would cause them to be sanctioned,
Speaker 1: or they just want to make sure they're not sanctioned.
Speaker 1: We don't really know. My guess is it's probably the first.
Speaker 1: But since that time, we've seen other nations taking these steps,
Speaker 1: and Putin has been on his soapbox telling people that
Speaker 1: they need to get their money out of the financial
Speaker 1: system that the US controls, because if it can happen
Speaker 1: to me, it can happen to you. So here is
Speaker 1: a quote I'm going to read directly from Putin that
Speaker 1: he gave in June of two thousand and twenty two,
Speaker 1: just a couple of months ago. He said, quote, caught
Speaker 1: in the inflationary storm. So I'll just pause there. So
Speaker 1: caught the inflationary storm, so, uh, prices going up everywhere.
Speaker 1: You don't have to be. Uh, you understand what I'm
Speaker 1: talking about, right, Uh, it's all over the news. Inflation
Speaker 1: prices are going up like crazy. So caught in this
Speaker 1: inflationary storm where prices are going up so fast, nobody
Speaker 1: can afford it. He says, back to the quote, many
Speaker 1: nations are now asking why would we bother exchanging our
Speaker 1: goods for dollars and euros when they're losing value right
Speaker 1: before our very eyes. So i'mination, Remember, we don't want money.
Speaker 1: What we want is goods and services. Money is not wealth.
Speaker 1: Goods and services their wealth. I say this uh analogy
Speaker 1: quite often. If I was stuck on a deserted island
Speaker 1: and I had a billion dollars of cash, a billion
Speaker 1: dollars of gold, a billion dollars of bitcoin, but I
Speaker 1: had no goods or services. I had no boat to
Speaker 1: get off the island, no phone to get help, no food,
Speaker 1: no water, no clothes, no nothing, none of that. The
Speaker 1: billion dollars of cash, gold, or bitcoin, they're all worthless.
Speaker 1: The goods and services are wealth, not money. Many doesn't
Speaker 1: money measures how much wealth I can acquire. It's not
Speaker 1: wealth itself. Now, if there was a guy on the
Speaker 1: island who uh you know, had some fishing lines and
Speaker 1: he had fishing, he had coconuts, he would be the
Speaker 1: wealthy one. So that's exactly what is happening here. He's saying,
Speaker 1: why bother exchanging goods for dollars and euros when they're
Speaker 1: losing value before of our eyes. So the goods are
Speaker 1: the wealth. So if you're Russia, you have oil, you
Speaker 1: have natural gas. That's goods. That's what the world wants.
Speaker 1: They don't want the money, they need the energy. If
Speaker 1: you're India, you have the rice. If you're Bulgaria, you
Speaker 1: have firewood. If you're Norway, you have electricity. I don't
Speaker 1: want to make this about Russia. Every nation has goods
Speaker 1: that they sell. The more goods they sell into the world,
Speaker 1: the more money comes back to them, the more wealth
Speaker 1: they have. So he's saying, why bother exchanging your goods
Speaker 1: that wheat that you grew, that rice that you grew,
Speaker 1: Why would you give those goods up for dollars or
Speaker 1: euros that are losing value right before our eyes. We
Speaker 1: might as well just keep it in the ground. We'll
Speaker 1: keep our wealth, right, So he says back to him,
Speaker 1: the economy of imaginary wealth is being inevitably replaced by
Speaker 1: the economy of real valuables and hard assets. So what
Speaker 1: is he saying by that the economy of imaginary wealth.
Speaker 1: Imaginary wealth is fiat currency where they push a button
Speaker 1: and create an undimented amount as much as they want.
Speaker 1: That's imaginary. They created it out of thin air. It's
Speaker 1: a figment of their imagination. Now other people will accept it,
Speaker 1: but they're starting to wake up to it. As Putin said,
Speaker 1: why would you do that? The economy of imaginary wealth
Speaker 1: is being inevitably replaced, replaced by what by the economy
Speaker 1: of real valuables and hard assets like wheat and rice
Speaker 1: and natural gas and oil, the things that people really need, copper, nickel,
Speaker 1: real things that people want. That's what has value, all right,
Speaker 1: So that's what he's saying. Now, since that's happened, um
Speaker 1: in the last several months, I mean this this year,
Speaker 1: we're seeing this happen faster and faster, and it's being
Speaker 1: sped up by two things. One nations part of the
Speaker 1: world wanting to move to this get rid of this
Speaker 1: imagining wealth and replace it with real wealth. And at
Speaker 1: the same time, the central banks that produced the imaginary wealth,
Speaker 1: mainly the Federal Reserve which produces dollars and the European
Speaker 1: Central Bank that produces euros that he was talking about.
Speaker 1: Mainly those two banks are doing everything they can to
Speaker 1: destroy their currencies as fast as they can, and the
Speaker 1: other nations of the world are moving as fast as
Speaker 1: they can too, away from the imaginary wealth into the
Speaker 1: economy of real Well, so it's happening at the same time.
Speaker 1: So let's talk about, uh, the end game for the
Speaker 1: Fiat currencies, what the central banks are doing. Let's break
Speaker 1: that down, and then we'll talk about this new system
Speaker 1: that's being set up and what happened this week that
Speaker 1: really shows just how fast this is happening. Um, if
Speaker 1: you're just tuning in right now, uh, you're listening to
Speaker 1: the market my show. We're talking about the decentralized revolution,
Speaker 1: talking about the way the world is changing, and of
Speaker 1: course we look at it through politics, finance, and technology.
Speaker 1: We're talking about the money system, which is both political
Speaker 1: and financial, and then we're gonna talk about the technology
Speaker 1: piece that was introduced this week that is really going
Speaker 1: to change this. If you've missed the beginning, don't worry,
Speaker 1: I got your back. You can check me out on
Speaker 1: the podcast. Just search Market Moss podcast on your on
Speaker 1: your favorite podcast player, or you can watch them on
Speaker 1: YouTube on my Market Disruptors channel not my Main Challenges
Speaker 1: search YouTube Market Disruptors. I'll be back with that and
Speaker 1: more in a minute. You do not want to miss it,
Speaker 1: so don't go away. I'll be right back. All right,
Speaker 1: Welcome back. You are listening to the Markma Show. We're
Speaker 1: talking about the decentralized revolution, the way the world's changing
Speaker 1: right before our very eyes through the lens of politics, finance,
Speaker 1: and technology. Today. We we got a big one and
Speaker 1: I got a lot to cover, so I gotta get
Speaker 1: going through this fast. So we're talking about, um, how
Speaker 1: the central banks, specifically the FED and NCB are destroying
Speaker 1: the money system that we have today and the other
Speaker 1: half of the world is actively building a new monetary
Speaker 1: system at the same time. And then there's a technology
Speaker 1: piece that was introduced this week that changes all of this.
Speaker 1: So um, the imaginary wealth is this fiat money system
Speaker 1: where the central banks just create this money, and so
Speaker 1: we're seeing that die right before our very eyes. The
Speaker 1: central banks are forced to continue to kill it. What
Speaker 1: do I mean by that? Well, because we're in a
Speaker 1: fake imaginary wealth back to Putin's quote, economy of imaginary wealth,
Speaker 1: Fiat money being printed endlessly. We're all off of debt.
Speaker 1: We're in a debt based monetary system. Now, with a
Speaker 1: debt based monetary system, you always have to continue to
Speaker 1: increase it inflate the balloon. If you don't continue to
Speaker 1: inflate it, then it deflates and it dies. That's why
Speaker 1: we keep having correction after correct after correction of the
Speaker 1: central banks have to keep pumping it up, pumping it up,
Speaker 1: pumping it up. The problem that we have today that
Speaker 1: we haven't had in the past is we have this
Speaker 1: massive inflation. So back to kind of Putin's quote where
Speaker 1: he said, caught the inflationary storm, and so we have
Speaker 1: this massive inflation. So how can the central banks continue
Speaker 1: to increase money when we have this high inflation. Remember
Speaker 1: we started at the beginning by saying that you take uh,
Speaker 1: the money which you don't want divided by the goods
Speaker 1: and services. What you do if you increase the money
Speaker 1: without increasing the goods and services, you get massive inflation.
Speaker 1: The problem is is the central banks need to continue
Speaker 1: to inflate the money supply so if they don't, then
Speaker 1: everything falls apart. The banking system drives up. There's no liquidity,
Speaker 1: there's no loans. Now, the loans is how money is created.
Speaker 1: So there's no liquidity, there's no loans, there's no money creation.
Speaker 1: The thing falls apart, all the assets, stocks, bonds, real estate,
Speaker 1: and they all lose value. The whole thing falls apart.
Speaker 1: Or they can can keep it going, keep the ponds going,
Speaker 1: keep the bubble going, but then we have inflation. Now
Speaker 1: I don't have time to really go into all of this. Um,
Speaker 1: let's see what I can cut out here. The problem
Speaker 1: is that the FETE is trying to crush the demand,
Speaker 1: so you stop spending as much. But the problem is
Speaker 1: as they crush demand and as asset prices fall, like
Speaker 1: I said, your stocks, bonds, real estate, et cetera, and
Speaker 1: then people spend less money, there's less revenue going to
Speaker 1: the government from capital gains, taxes and ira A distributions
Speaker 1: and things like that, and then the government has less income.
Speaker 1: If the government has less income, but they're still spending
Speaker 1: the same or in our case, they're spending more. Now
Speaker 1: they want to this whole glean green transition and spend
Speaker 1: trillions of dollars to re you know, revamp the whole
Speaker 1: U S economy. So they want to spend even more
Speaker 1: money than they've ever spent before. And they have tax
Speaker 1: receipts falling, So what does that mean? That means more printing.
Speaker 1: We also have a problem where now the FETE is
Speaker 1: UH and not to just FED, the e c B
Speaker 1: as well, they're rapidly raising rates. Well, the FETE is
Speaker 1: a bank and so um it receives interest on the
Speaker 1: money that's given out, and it pays expenses. So those
Speaker 1: income and expenses just like any other bank would have.
Speaker 1: The problem is that as the Federal Reserve raises rates,
Speaker 1: they have to pay out more interest than they were
Speaker 1: paying out before and they have less income coming in.
Speaker 1: That's the problem. As a matter of fact, the Fed
Speaker 1: funds rate is on its way to four percent. At
Speaker 1: four percent, the Federal Reserve will go from making a
Speaker 1: hundred billion a year of profit that it gives to
Speaker 1: the Treasury to losing almost three hundred billion per year.
Speaker 1: Now the Treasury has no income. That's a big problem.
Speaker 1: How long can they go from making a hunter billionaire
Speaker 1: to losing three billion year? Well, the answer is they can't.
Speaker 1: Not for very long, so they would go bankrupt, except
Speaker 1: for central banks don't go bankrupt, So what would they do.
Speaker 1: They'll print the money. So you can see very quickly
Speaker 1: there's no other options. Are gonna have to continue printing money. Now, Um,
Speaker 1: here's a way that somebody mclaude Um. He describes the
Speaker 1: end game of Fiat currencies, and he says, um, you
Speaker 1: go from something like the pandemic being a one off
Speaker 1: crisis that required massive deficit spending my governments or they
Speaker 1: had to print trillions and trillions of eleven trillion dollars
Speaker 1: to pump it back up from COVID, we now have
Speaker 1: a second one off crisis, a second one off um,
Speaker 1: centered on subsidizing energy and food. So now all around,
Speaker 1: specifically Europe, it's happen in the United States as well.
Speaker 1: The governments are now having to subsidize the high prices
Speaker 1: of energy and food, the problems they've created. Now they
Speaker 1: have to print money for that. This will be followed
Speaker 1: by further and increasing demands for inflation every funny, and
Speaker 1: so then I gotta print money for more money for
Speaker 1: that attempts to prevent Western economies contracting. So as I said, um,
Speaker 1: if they don't keep pumping money in it starts contracting
Speaker 1: it says uh buyer strikes in bond markets. Along with
Speaker 1: collapsing bank credit, it will probably be the Kuda grace
Speaker 1: for fiat currency. So that's where it dies. Now while
Speaker 1: this is happening, it's fallen apart super fast. Most of
Speaker 1: the world doesn't trust that they want to move out
Speaker 1: of it, and the nations that are still using it
Speaker 1: um they're facing massive inflationary pressers as they're just crushing
Speaker 1: on their own. So now we have another part of
Speaker 1: the world setting up their own currency. So we have
Speaker 1: China and Russia who have now gotten together. Remember as
Speaker 1: I said, the game of the goal of a game
Speaker 1: of three card pokers to make sure my two opponents
Speaker 1: don't team up on me, And here we have China
Speaker 1: and Russia teaming up. As a matter of fact, it
Speaker 1: appears that China has had partnered up with Russia before
Speaker 1: the invasion happened, and Russia might have been waiting on
Speaker 1: the invasion until China is ready for this. China had
Speaker 1: to get ready for it. But now China and Russia
Speaker 1: and what's known as the Bricks Nations. Brick stands for
Speaker 1: b for Brazil are for Russia, I for India, see
Speaker 1: for China, s for South Africa. That's the Brick Nations.
Speaker 1: They've continued to expand. More and more nations around the
Speaker 1: world have been joining this bricks alliance, including we've seen Iran,
Speaker 1: We've seen Argentina, and now over half the people in
Speaker 1: the world are now part of the Bricks Nations, and
Speaker 1: they all realize that shoot, if it can happen to
Speaker 1: Russia and China is worried about it, then I should
Speaker 1: probably be worried about it too. And so we don't
Speaker 1: want to continue using this money system that they they
Speaker 1: the West Europe, you know, Europe and the US have
Speaker 1: will set up our own And so the Bricks Nations
Speaker 1: are now working on setting up their own monetary system
Speaker 1: to compete with the US and Europe's monetary system, and
Speaker 1: it's happening very very rapidly. As a matter of fact,
Speaker 1: they've announced that they want to have a asset backed
Speaker 1: potentially a gold or at least a commodities backed currency,
Speaker 1: which I think the world would like. Back to Putin's claims,
Speaker 1: he said that um, the quote was um. The economy
Speaker 1: of imaginary wealth is being replaced with the economy of
Speaker 1: real valuables. So they want to build a new economy
Speaker 1: and new financial system built on real valuables to replace
Speaker 1: the one built on imaginary wealth. So their words like,
Speaker 1: we don't have to have a crystal ball. They're telling
Speaker 1: us what is happening. They're doing this actively now this week,
Speaker 1: what happened this week? President She from China left China
Speaker 1: for the first time in two years since pre pandemic.
Speaker 1: He hasn't gone anywhere, he hasn't met with anybody. He
Speaker 1: doesn't care until now. So what happened this week that
Speaker 1: was so important that they actually got President She to
Speaker 1: leave China and travel halfway around the world. Well, it
Speaker 1: was the s c O summit and President She wanted
Speaker 1: to go, um go to this summit and meet with
Speaker 1: President Putin to discuss a new financial system and uh
Speaker 1: per the message coming out of China they said, quote
Speaker 1: China is willing to work with Russian Russia on quote
Speaker 1: core interests. China is willing to work with Russia on
Speaker 1: their core interests. What are those core interests? With The
Speaker 1: core interests are that China needs energy, they need they
Speaker 1: need real things, the economy of real things. China needs energy,
Speaker 1: Chinese food, Chinese those things, and Russia has those things.
Speaker 1: Russia needs a buyer, China needs a supplier. Uh. They
Speaker 1: both can't use the US dollar because of sanctions. So
Speaker 1: what are their core interests? I need these things, you
Speaker 1: want to sell these things, but we need a new
Speaker 1: system to do it in because the old one doesn't
Speaker 1: work for us anymore. That is what their core interests
Speaker 1: are now. At the same time this is happening, we're
Speaker 1: seeing them break the backbone of the existing system that
Speaker 1: we have today. I'm gonna talk about that and more
Speaker 1: in a minute. Um, you're listening to the Markmas Show.
Speaker 1: We're talking about the decentralized revolution, talking about the way
Speaker 1: the existing financial system is dying right before every eyes,
Speaker 1: and another one is being propped up and stood up
Speaker 1: right before our very eyes. I'm gonna explain it all
Speaker 1: to you. It's gonna be super clear, and I'm gonna
Speaker 1: talk about something else that happened this week with a
Speaker 1: technology piece that's gonna be a massive driver of change,
Speaker 1: and it's dangerous for you. Don't miss this, you don't
Speaker 1: want to miss it. I'll be right back. Don't go away,
Speaker 1: all right, Welcome back. You're listening to the Mark Mass Show.
Speaker 1: We're talking about, of course each and every week, the
Speaker 1: decentralized revolution, talking about the way right now today the
Speaker 1: financial system is being reset and now we always look
Speaker 1: at the lens of politics, finance, and technology. We're hitting
Speaker 1: on all three of these today. If you've missed what
Speaker 1: I've said, you've missed a lot. I can't go back
Speaker 1: and repeat it, but you can check me out on
Speaker 1: the podcast. Just search Mark Moss podcast on your favorite
Speaker 1: podcast player, or go to my YouTube channel Market Disruptors
Speaker 1: Market Disruptors on on YouTube and you can watch me
Speaker 1: and listen to me there. Now, so China and Russia
Speaker 1: they're getting together and the bricks nations. So bricks stands
Speaker 1: for Brazil, Russia, India, China, South Africa. But now a
Speaker 1: bunch of other nations have joined China, I'm sorry, joined
Speaker 1: the bricks. Now they're half of the world population now,
Speaker 1: I said. President gy went to go meet with UM
Speaker 1: with Vladimir Putin this week, first time he's left China
Speaker 1: in two years to work on what they called their
Speaker 1: core interests. Remember, China wants to buy things they need
Speaker 1: to and China Russia wants to sell things. Those are
Speaker 1: mutual interests, and they both need to do them outside
Speaker 1: of the dollars system that they have. So the core
Speaker 1: interests are talking about are facilitating this trade and setting
Speaker 1: up their own payment network. Now something else happened, something big.
Speaker 1: Now what we've seen is that, as I was kind
Speaker 1: of explained earlier, if you missed it, you can go
Speaker 1: back and check out on the podcast. But are our
Speaker 1: monetary system for all of recorded history has been built
Speaker 1: off of commodities, real things, mostly gold. Five thousand years
Speaker 1: of history over gold, gold and silver, but also rocks
Speaker 1: or seashells, or um feathers or things like that, but
Speaker 1: but actually real things. And uh it was it had
Speaker 1: been gold for five thousand years. In one we left
Speaker 1: the gold standard and now we're just in this fiat
Speaker 1: currency model. And this is an experiment. Never in the
Speaker 1: history of the world have we ran on a purely
Speaker 1: paper debt system. And I believe that history books will
Speaker 1: be written about this period in time and they're gonna go,
Speaker 1: what the heck were they thinking. Couldn't they have seen
Speaker 1: five thousand years of history and no, that wasn't gonna work.
Speaker 1: I mean, we could have just thought through it and
Speaker 1: told them it wouldn't have worked. And I believe that's
Speaker 1: what history books will say. But um, we still have,
Speaker 1: um this gold system and central banks around the world,
Speaker 1: sovereign nations all around the world still hold massive amounts
Speaker 1: of gold. As a matter of fact, the last two
Speaker 1: years they've been buying more gold than they have in
Speaker 1: any time in history since when we got off the
Speaker 1: gold standard. So now these central banks they're buying up gold.
Speaker 1: They realize, hey, this financial system, back to Putin's quote, Um,
Speaker 1: the economy of imagining wealth is being replaced by the
Speaker 1: economy of real values. The central banks see this, Hey,
Speaker 1: this fake paper we have, it's being replaced by real things.
Speaker 1: We need to buy more gold. The problem is is
Speaker 1: that your government doesn't want you to understand that, and
Speaker 1: so the price of gold is heavily, heavily manipulated. Now
Speaker 1: I'm not going to dig into all that, but it's
Speaker 1: being manipulated by a couple of ways. One, it's being
Speaker 1: manipulated by, um, the London Buoyon Association. Every day, a
Speaker 1: couple of guys get on the phone and set the
Speaker 1: price of gold. It's not found in a free market.
Speaker 1: They do it, all right, And what we're seeing is
Speaker 1: that now Russia and China, the bricks nations, have proposed
Speaker 1: a new standard to compete with the l b m A.
Speaker 1: Now i've a they're doing this. They said they're doing this.
Speaker 1: I believe they do it. Now guarantee they're going to succeed. No,
Speaker 1: not necessarily, but they're doing it. And if they can
Speaker 1: break the back of gold or the i should say,
Speaker 1: the grip of manipulation on the price of gold, we
Speaker 1: could see gold explode higher, and a lot of people
Speaker 1: ask will see this. As a matter of fact, I
Speaker 1: saw this article that says the that the gold and
Speaker 1: silver has been leading leaving the exchange, has been leaving
Speaker 1: these the comics and the l b m A as
Speaker 1: fast as it possibly can. As a matter of fact,
Speaker 1: the in London, the silver inventories continue to plummet as
Speaker 1: metals exit the l B m A vaults. Where is
Speaker 1: all the gold and silver going, It's being sucked out
Speaker 1: of the system. Could it be that all of these
Speaker 1: nations are buying up as much maybe just Russia and
Speaker 1: China are buying up as much gold and silver as
Speaker 1: they can knowing that they're going to make this flip.
Speaker 1: And once they do, the ECB Canada, which owns no gold,
Speaker 1: and the US won't be able to get any because
Speaker 1: there won't be any for delivery. Could it be that now,
Speaker 1: while this is happening, the old system is dying under attack.
Speaker 1: There's a new system trying to be stood up. So
Speaker 1: what am I talking about here? So we saw this week,
Speaker 1: well a few months ago the White House, I shouldn't
Speaker 1: say the White House. President Biden signed an executive order
Speaker 1: on March nine, and executive order means I'm the I'm
Speaker 1: the president, I'm the dictator. What I say matters. I'm
Speaker 1: going to demand this happens. And so they opened up
Speaker 1: an executive order to um dig into the responsible development
Speaker 1: of digital assets. And he wanted all this research done
Speaker 1: and they wanted to come back with this framework and
Speaker 1: things like that. And that's exactly what happened. And so
Speaker 1: we see this came back just this week and this
Speaker 1: is big news. So um now the White House recommends
Speaker 1: creating a digital dollar, and the Biden men actually outlined
Speaker 1: a plan for this. It says the administration is moving
Speaker 1: closer to developing a digital currency for the US, saying
Speaker 1: it will help strengthen the nation's role as a Global
Speaker 1: Financial Leader. Uh no, it won't. It's still going to
Speaker 1: be fake. The world is moving to real things. It
Speaker 1: released a framework owning outline of the regulation of digital assets,
Speaker 1: including including cryptocurrency UM for the past six months since
Speaker 1: March Executive Order fourteen O six seven quote Ensuring Responsible
Speaker 1: Development for Digital Assets UM like I said, the agencies
Speaker 1: have been working to develop this framework, and the framework
Speaker 1: suggests the government creates a central bank digital currency, or
Speaker 1: we call it a c b d C. They say
Speaker 1: a CBDC would make it possible, would make possible an
Speaker 1: efficient payment system, create technical innovations, facilitate cross border transactions,
Speaker 1: all why while fostering environmental sustainability because that's what everybody wants, right.
Speaker 1: So the discussion of a digital dollar has lad to
Speaker 1: unfounded charges that will lead to government control of digital assets.
Speaker 1: It's not unfounded. I'm gonna break that down because they say,
Speaker 1: in fact U S dollars currently already exist in commercial
Speaker 1: banks across the country. Hypothetical digital dollar would be regulated
Speaker 1: as the physical dollar is, by the central Bank and
Speaker 1: the full faith and backing of the central Bank. So yes,
Speaker 1: we use digital dollars. I don't really use any physical
Speaker 1: dollars anymore. I use my debit card, I use my
Speaker 1: credit card everywhere I go. I'm guessing you do as well. Well.
Speaker 1: Over of all transactions done today are done digitally. But
Speaker 1: the CBD is different because it's programmable money. So right now,
Speaker 1: the government can freeze your bank accounts. We saw that
Speaker 1: in Canada. That's what I opened up the show with.
Speaker 1: Right we saw that in Canada they froze the bank accounts.
Speaker 1: The government could freeze your bank count anytime they want.
Speaker 1: That's the danger. It's a problem. But a CBDC is
Speaker 1: something completely different. It's programmable, so I can program the money. Hey,
Speaker 1: nothing good happens after midnight, so you know your money
Speaker 1: is no you can't spend money after midnight. Um. You
Speaker 1: know what, Um, eating red meat is no good for you,
Speaker 1: so you're not allowed to spend money on red meat anymore. Um.
Speaker 1: You know, anyone who doesn't agree with us, Republicans are dangerous.
Speaker 1: Republicans are dangerous, So anybody that's even associated with them,
Speaker 1: they can't spend money anymore. And you see, it's programmable.
Speaker 1: It's way different than anything that we have today. It's
Speaker 1: completely different. As a matter of fact, it will be
Speaker 1: the greatest I'm gonna put that down right here, the
Speaker 1: greatest tool for authoritarianism surveillance that we that that we've
Speaker 1: ever seen. This is the tool that all governments have
Speaker 1: wanted and want today. The reason why is because without
Speaker 1: the freedom of payments, there is no freedom. We're guaranteed
Speaker 1: the freedom to assemble, but if I can't pay to
Speaker 1: put gas in my truck to drive, they simply I
Speaker 1: have no freedom. If I can't pay for a meal
Speaker 1: when I'm there, I have no freedom. I have a
Speaker 1: freedom of speech, but if I can't pay to have
Speaker 1: a phone to go on social media or a microphone
Speaker 1: to talk to you, I have no freedom of speech.
Speaker 1: And if they can take control all of the money,
Speaker 1: they can take control of freedom overall. And so one
Speaker 1: system is dying, one system is being created. The central
Speaker 1: bank digital currency is the greatest threat to our freedom
Speaker 1: and need to be aware of it. You can do
Speaker 1: a whole another show breaking this down. I'm running short
Speaker 1: on time, but just know this all happened this week.
Speaker 1: G went and met with Russia, his first trip in
Speaker 1: two years, to establish a new financial system, and the US,
Speaker 1: trying to maintain what they have, is recommending the greatest
Speaker 1: surveillance and control tool in the history of the world.
Speaker 1: We're seeing a battle play out in real time. It's interesting.
Speaker 1: This is the decentralized revolution that I'm talking about each
Speaker 1: and every week you're listening to the Markmas Show. Like
Speaker 1: I said, we talked about the decentralized revolution each and
Speaker 1: every week, talking about the way the world is changing
Speaker 1: through the lens of politics, finance, and technology. This is
Speaker 1: what you need to know. Don't miss me. If you
Speaker 1: missed any of this, you can check it out on
Speaker 1: the podcast, your search market MOS podcast or on YouTube.
Speaker 1: Just go to Market Disruptors and catch me there. That's
Speaker 1: what I got. Thanks for listening today. Till next time.