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tv   Keiser Report  RT  June 19, 2021 3:30am-4:00am EDT

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to elucidate so many of the big trends happening in geo politics and finance. stacy, well, the volcanic eruption is happening in the mind shift that is happening. and the mind shift that is underway is showing us the difference between good money and bad money. so the good money is bitcoin, and we're seeing that change the mindset of the people who adopt it like el salvador and like all the other latin american countries now that want to also adopt bitcoin. like the hedge fund managers, like paul tutor jones, who's out on television banging away on big wine and talking about the relentless optimism and the positive future. and how honest it is compared to the dishonesty of let's look at the bad money. the 1st chart, federal reserve balance sheet, top 8 trillion dollars for the 1st time. this is fed data and this is
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a sort of thing that paul tutor jones is going on to the mainstream financial press to talk about as that it's not honest and he's afraid of it. the volcanic eruption of inflation, you might say good. my manager speaks with a great deal of can decision because it helps execution doing trade talking with traders, you need to get your point across quick get orders and fast. so paul taylor, john speaks with syntax that is compressed and he says something very simple and yet speaks volumes. he said look, the fed isn't doing anything about these rising prices for stuff. yeah. okay. so that is just saying very clearly that the fed causes inflation. the feds not going to stop inflation, and he's scared into safe havens principally bitcoin. when you listen to the fed talk, they don't even talk about inflation. in fact, they only talk about deflation. it's absolutely double speak 984 george orwell.
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nonsense from the central banks, n for professional money managers are like, okay, i'm checking out of this game, it's rigged too badly. i've never seen a rig this bad. and the only asset that makes any sense is bitcoin. the fed balance . she is now 8 trillion dollars. and then let's look at this question that this guy is asking here. while the focus will be on job openings in jolts, which is the index of, you know, labor trends. as always, the more interesting stuff elsewhere. and this case quits. never seen anything like this before. why and why now asked geoffrey p snyder. this is jolts data, it's jobs data and the labor market trends. and what they're trying to showing is a huge surge and people quitting their jobs. a lot of it, you know, the headlines in the financial press are about people of the corporations are starting to reopen their offices and people don't want to work anymore. they just
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want they like staying at home and said, so they're just quitting their jobs. that's one factor of many. so if they measure of their monetary unit is elastic and is ever expanding, then the people who are taking that for work are revolting by not going to work. if you're trying to build a house or something like that, you would use a ruler or a tape measure and everybody working on that house understands at 12 inches equals a foot. but here in the fed, they're trying to say, we're going to build an economy in our definition of the building block of that economy. money. nobody knows, has the same definition. every single member of the federal open market committee has a completely different definition of money. they have a different definition of what the money supply should be. they have a different definition of what the purpose of the fed is. and the result is they just print by the trillions and then hope things go in the right direction. there's
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no policy other than hope. and so the average worker saying, wait a minute, how about if you just send me that money, i'll stay home and wait until you guys figure it out, but i'm not going to go to the job for minimum wage. if you're gonna pay me double minimum way to sit here and watch tv any down, it's pretty much that's what's going on. yeah. in terms of that balance sheet of 8 trillion dollars, it looks for cannick. it could blow at any moment. paul, tutor jones, one of the most successful hedge fund managers in the world is betting that it will blow and that he's buying a safe haven of bitcoin in terms of why everybody's talking about the volcano is because the, the president of el salvador, now you kelly he was recently, you know, responding to the fight about bit coins, energy use, and he said we have all this geothermal energy. he called it volcano energy. and that we could use that to mine, bitcoin and the 2nd half, who do talk to somebody from nearby guatemala, which also has some volcanoes. and there you'll see the relentless optimism and the
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can do want to work. want to build pfeiffer, funks, build fi for funks, write code, right? and so they just, there is so eager to build and create and do. that's one way. now, look at this world of fields and these people in america, quitting jobs. now let's look at what is happening in china. chinese use are joining a mass movement to quote life lat, after watching their friends or themselves to death. the movement of the moment for young 20 somethings in china is lying flat, which advocates for lying down instead of working hard and keeping up with constant competition. lying flat rejects the 996 culture that encourages people to work 12 hour days, 6 days a week. this is another example of a population myers in money. the chinese joanne is printed by the trillions and has lost all value. and the government is trying to dictate values through the
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messaging of propaganda, the same as america uses propaganda instead of the market to create price signals. and the economy is crashing and foundering the same thing in china. whereas i'll salvador say, you know what big one gives us a chance to get out of the yoke of the m f, and the central bankers. as a matter of fact, i'm talking in ways that have encouraged them to talk with bankers to create these volcano bonds to pay off the i m f completely and escape all central banking a compl lately. and they're going to see the g d. p of el salvador triple is going to go from 20000000000 to 60000000000 property prices all ready on the move. and they've got people now moving to el salvador to take advantage of this burgeoning, incredible utopian big coin country. that is a good setting. an example for the entire world and let's face that, i predicted that you'd end up with hash wars. what i call ashworth, starting 3 years ago, that instead of countries banning bitcoin countries,
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would embrace bitcoin, hord, bitcoin, mind, bitcoin as a store of value. and the game theory built into the big protocol means that all touch india is now talking about this. and that's of course, $1000000000.00 plus population with multi $1000000.00 g d p. so what we've been saying is going to happen. el salvador fired the shot for a global adoption of big coin, and it's countries like the u. s. or china, where the population is lying down there on protest. they're not working. gdp is collapsing, you know, they could be left behind, right? well, importantly, also the element in this that i want to point out is the can tell you narrow effect . and the global oligarchies controlling the, you know, the very global economy, right. it's these multi nationals that are united across the world. but the multi, multi, multi 1000000000 are class are all united in one sort of class. so i'm going to
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look at that sort of atlas shrugged moment in this life flat mote movement. because the dawning on the population in this economy of china, what they're noticing is that the notion of a mirror talk prosy, is bogus. and you see that that's why they've decided and said to just lie down. if i, if i can't actually get ahead and it's all fake and it's all a hoax. well, i'm not going to work at all. essentially. john jang, a 27 year old, al, told insider that he did not start out wanting to join the lying flat movement. but his struggles to conform to expectations, particularly through university, made in one of its most ardent followers. quote, sons of business, men and daughters of officials got a head start that it was equivalent to an entire laugh or 2 around the track. i think it is inevitable that people like me would lose the race. so that made me
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think, why do i even try? so again, this is like the can tell you, in fact you see that you see that across america in the past year as well, that people are, the unrest is spreading because of, you know, the inflation, the supply chain disruptions. but the dawning realization that the something not quite right. obviously you could, you know, move the crowd to whatever way you want. and that's why we have a lot of these, you know, all these weird theories being presented in schools as an explanation for what is causing this problem when it's just the same simple fiance structure the, the bad incentives within it that lead you to the conclusion that you would just rather lie flat, then get up and go build. right? this is similar to the collapse of the spanish empire. you remember, spain went around the world and courted gold from all over the world. and it
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created a population that was bifurcated in this way, extreme wealth at the very top and ultimately led to a situation where everything that needed to be done from a day to day basis collapse. and the empire collapse as a result. yeah, well this is a paper money version of that. yeah. because what had happened, and we only have a few minutes to go into this of course is not totally accurate. but what, what part of what happened was spain was only interested in the gold wherever they were in the new world. i over here in the americas, whereby places in the caribbean that didn't have gold. they allowed. busy the dutch, the brits to colonize those instead, rather than fight wars over it, they were like, well, we just are interested in the gold, so in columbia or that peru and, and those sort of places we're going to occupy there and put our attention next. and they let the whole sugar trade, which help though, you know, places like the u. k. build
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a huge empire. and that we have the can tell an effect in spain as a result, they, whenever they found a huge pot of gold, you know, the whole, it would have huge inflation. nobody wanted to work. everybody had money with, right? so it's lack of diversity. but in the version of paper money, so in the u. s. in the u. k, around the world in china, the have the people who are close to the paper, money creators and central banks. and that's all they're interested in, in assa price, assuming higher based on 0 percent loans and free money. and now they're all this empire. it's a global empire collapse of paper. money. and all sovereign do are now is set to absolutely crush it, which is amazing. but again, you know, comparing the mindset of the 2 cultures of, in the good money and the bad money. most people live in the bad money culture that, that, that their society, they haven't found bitcoin, they're not hopeful for a future. they're not actually not even just hopeful they're building a future, like obama, with hope you're hoping this guy maybe prints enough money for you,
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helps you out so you could just lie flat at home. but this, this notion of just like flock lie flat and shrugging your shoulders and saying, well, i'm not going to participate what, why bother building? we don't know what we're missing with that, but it also kind of reminds me of that planking movement. yeah, i was thinking it was something for me a couple of years ago before flossing, and after coating 2012 there was another strange thing and now i remember it was called planking. yeah. so i mean these people are in the lying flat movement. there are seemingly like it's a, it's a culture, it's there, this is their thing. they're doing this and they're just like, not bothering to get out of bed in america. we also, well, yeah, in american europe we also had the supermodels who wouldn't get out of bed for $10000.00 or less than $10000.00. and now you have these kids who get out of bed. even for a cupcake. right then the incentives are destroy, bitcoin,
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the incentives are built in such a beautiful array. and with this current car, cheesy and elegance, almost like the sistine chapel of money. that it just inspires people to like, you know, change your behavior. remember, you don't change big calling, big point changes you and it's changing, outsider, it's changing the company micro strategy home by michael sailor. it's changing. paul, tutor, jones. it changes almost everybody in the world except peter. sure. all right, we're going to take a break and when we come back, much more coming your way. the me, ah, what we've got to do is identify the threats that we have. it's crazy foundation, let it be an arms race is on often very dramatic development. only personally, i'm going to resist. i don't see how that strategy will be successful,
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very political time. time to sit down and talk to me. one of the worst ever mass shootings in america was in las vegas in 2017. the tragedy a close a little of the real left vega where many say elected officials are controlled by christina learners. the vegas shooting revealed what the l v m p d really is. and now it's part of the spin machine to the american public barely remembers that happened just shows you the power of money and las vegas. the powerful showed that true colors when the pen, demik haired, the most contagious contagion that we've seen in decades. and then you have a mayor who doesn't care. so here's caroline goodman, offering the lives of the vegas residence to be the control group. to the shiny facades conceal a deep indifference to the people by going to say that they will take an action.
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absolutely, keep the registering and the slot machines doing this is a money machine is a huge cash register that is ran by people who don't care about people's lives being lost. the me like a back to the guys report. i'm at guys are still at miami, bitcoin 2021. you know, and i can reach conferences. i usually find one you'll. i'm on the medic, someone comes to me and they start talking and i listen and i'm like, oh my god, something's happening. i would like to introduce you to darlene. yeah. how are you? i'm doing great mac. all right from guatemala right next door to el salvador. 7 yeah, there's a huge story going on. i know there's the story going on because jack waller's is down there. introduce app, remittance, essentially with strike. and the place is gone. crazy. what's happening?
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tell us you're there. what's going on? well, it's a pleasure to be here. yeah, we went down to see jack and mike peterson and be mid point beach last month so. so to help them grow what they're doing and wanting to see everything that we can do to bring it to guatemala. next are my mission and our mission is to make central america the 1st hyper mickland i region in the world. right now you are saying something earlier that really struck me that, oh the, you know, the saudis have the oil and you know the swiss cheese. ok, but you guys have people power, we've got our people. our people are unfortunately been used by the system for cheap labor, primarily in the united states over 20 percent of our g. d. p is remitted to flo sent from the united states down to central america. and we see that as our opportunity to win the bitcoin race as a region. so over 20 percent of our g d p is being sent from the united states,
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9 percent. a fees on average, that's 2 percent of our g, d p right there being sucked out by western union. so we want to do everything we can to help strike launch as fast as possible and watch them all and the rest of central america. so that people at the bottom of the pyramid are no longer financing west in the life. right. and the threats to people, they coin and the reason is very, very simple. you save money on those remittances. big money internet adds up because western union and the other folks, they take a big cut. and at the end of the month, end of the year, you're going to be adding a lot of gas to remittance money. so the adoption immediately zoomed up to number one in el salvador and not only financial apps, i think is the number one after the entire country. so i haven't seen numbers yet, but they're doing phenomenal growth. and yes, it's the use case. the most important use case for everyone on the street. everyone has a family member that sends them money, so it's no longer your number go up. it's how do you save and no longer have to get
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on a bus and risk your life, you know, full of cash on you to go send it to your family member. if you know on your phone, you can send your money instantly using what they've built on the lighting that works. there wasn't for lightning, we wouldn't be here. so big shut on. all the developers that are doing that we, we want to bring is the billions that can really take advantage of it. new matching the on the phone there and of course is on campus, gave them all. and that's a big change for not only people in central america, america, but all over the world, all of africa. we see this idea of property rights, private property rights in vile bowl, private property rights, having a huge impact on people's lives. is that message would seem to be very easy to sell in the country. yes, yes. so yeah, what we want to do is just talk to as many people about the fact that they can now send remains to their family members without having to ask for permission. they can do it every day without having to pay minimal fees or whatever. and so what big
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point beach has accomplished in a song might, peterson, they built that, can you that has been able to create a circular economy using the lightning network? so that you, you can, you can, you should all go down to and on as soon as you can to actually get off of the cf, you can just pay everything your boost as your coffee, whatever, all on midpoint, you don't have the flex. and what we want to do is help them grow so that it's no longer and you know, 6 percent of the country using it. it's a 100 percent of the country using it, do everything we can help them, but learn from them and take what started with big point beach start bitcoin lake in the plan watermark. now, my friend and colleague peter mccormick, 5 cast, travels around the world and he's been in the central america and america just as recently as maybe 2 years ago. and he was commenting on that point. it was not being at that time, but it sounds like in a short 24 months, there's been
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a sea change. there's been a big change. why just suddenly explosion of interest or whatnot. i think it's lightening finally, coming online and being usable. peter was just down there, we were just with him in some odd and brought him over to guatemala. and that's what we want between to do is to empower people to be able to get off. and it's sunday, in terms of our big point. beach has done it, and just that one town, it has now spread to the entire nation to the point where politicians can no longer ignore this. they're having to explore, adopting a big point standard and dropping because of what's happening in big point beach. so we want to do the same for the bottom on bitcoin lake in the plan. 300000 people living on the basin there with tons of family in the united states. how do we get them to save on their fees so that once they're transacting on lightning? thanks to all the development the the happen, then the experience the number go up naturally. and so those that can say will
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start to say, even now in between beach, you have people using the lightning apple b point beach and then using strike to actually trade off of dollars and big point when they feel like the big one is a little a little hot and then they want to come down that you see kids in high school. ready trading between and buying the def i saw a big, quite a 2nd layer. know other these other going i'm sure there are other folks that are trying to do some other things, but in and so on. it's been going on. right. and it's because it's not the one way, but the one in right now, you know, jack milers, adam on the show years ago he started watching the show. he was still, i think in elementary school, i recently saw in the 500 car, half make it with a foreign star. what happened at jack, mom? i think he's one of the trailblazers that i hope will life the way for thousands
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and millions of entrepreneurs that realize big point is the way to build something that can really change the world and benefit thousands of 1000 people. so i'm looking for all the 20, you know, year olds, or 15 year olds that are in their apartment, living with their parents or wherever, like build on this. this is, this is the way. now, there are the 2nd phase, the, or your team years. you have a vision and tell us about that, george. so our mission is to hyper bitcoin nice. central america remittance is our primary way to get into the masses with an addition to that we are using bitcoin and developed a apps of that leverage is the power of big point to be able to do real time post election on it's on our voting system. starting in guatemala, all open source, free to the world. so i believe democracy is in great peril,
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and it dies when we are no longer vigilant. so we need to audit our elections in real time and big point can allow us to do that. we've built it with the scholarly heat dial. it's free for the world right now, only in guatemala, but our code is open source. and if anyone wants to replicate it in the rest of america, you can. what we want to do is a capture like a game where anyone anywhere in the world can audit elections in real time. and we can publish audited results before even the election authorities and publish their preliminary results. so we can skip the, the chance that they get to poison people's minds with who actually one would run the numbers ourselves and pay people for that auditing work in real time. with that, you're likely screaming said crowd source, the auditing, the election, the centralized auditing, and get guarantee verifiable. results can, can, can i ask you to do this for american election,
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because we need this very badly. it seems like our elections become worse than anything than we imagined to south america. so i was at the capital in january 2020, trying to deliver this message, trying to warn the united states, the elections and post election audit can be done in real time. and they need to be done in real time. if you don't have verifiable results immediately, you're just handing over on the platter. the politicians, the opportunity to point in people's minds. so if we don't verify, we have to trust them. and they, once, once they get that advantage, then it's very hard to put that genie back in the bottle. so i believe that with the help of the crowd with the, with bit point, we can actually do that in real time. you sound excited. i am, which is interesting because we, well you gave me this cool hat, which i take it. x is
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a bitcoin only non custodial k y c exchange operating. what am off is 2018 know sell pressure. everyone's just buying. we want to take it to the rest of central america, allow as many people as possible to just the click of a button, be able to drop the word expanding to us as soon as we can to help out what's going on at the beach and the strike team and yet we are also sponsoring and partnering with duck willow farms. the leaders of big point lakes big shot at the shot and who are going to leave this effort to bid point nice lake up the plan. so some day what happened, a big point beach were doing and the plan, starting in session, we are in the mission. i came to and i said, you know, here's the $1000000.00 in the us dollars. i want you to walk away from this because you're a dangerous man. what would you tell me? you would what i mean, this is the attitude that's permeating throughout your generation. i take it,
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you're millennial or gen g or something like that. and you guys are, you're going to be running the world in probably 5 or 10 years. well, and you're going to be, it's all going to be on a big claim standard. yes. well, i hope so. that's what i will die on this hill for i with bitcoin, we can finally stop concerning ourselves with money every day. like what, what is money? where, where was my money coming from? now that i've my, i've introduced a big, big one into my life. i can, if i don't need to worry about money, then the only question i have to ask myself is, what was i put on this earth to do? and for me, it's hyper bitcoin. i central america, purpose the i'm there, we're going to come down there, check it out. so tap rude explanation. party in the midpoint beach sometime in november, possibly december actually get out. 5 press your name for your audience,
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so they can if got a new jolly tries report. thank you. all right. on the guys report with a max size or safety, like i guess carleen, you know, the next time by me these are the 4 people who pull the trigger survive something and survive football . one of the hardest things that i had to face was not having a face adult expectation that like accepted accept the fact that i made that appointment. we had no fears. del change pretty fast for shots. different stories behind the bullets ah, considered to be founded near ones,
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will use against bite in the same tactics that republicans had to see common from democrats to consume. so they would accuse bite enough to be solved indecisive, of electronically agenda. not tough enough with the and definitely that they will try to sabotage some of the agreements that have been reached. geneva ah ah, i wish there was a little phoenix. i've actually got a little covered face men's clothing and shoulder holster. it's
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a kind of s gotten feminism. its name is how camino above stood up, put a human level, some of the whole model that of us. it was a lot of up up on the job, but you don't want me. she lives in one of the most dangerous and patriarchal provinces of afghanistan, cost why she, which time i thought, sure, no, i shall do the average. that updated literature on but yet that i've got enough that she does her best to fight for women's rights. i am not sure what i look at what you got that done as you do or the other sort of the season here by her nickname, the king. the other that was i got a recall other than it was really good. one day,
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i, i, in the headlines this saturday morning as america celebrates the end of slavery on . the supreme court ruled us chocolate johns can't be sued for long and foster child labor on african fall. today did indigenous people are granted the right to use the traditional lives and official documents to the indigenous rights. activists tells us it's not enough. so very common for decades of cultural genocide. the government, oh the own lives was the government who made the decision to take the kids to take her languages to.


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