i rely on, i think john, after fed banker, new york bank, fed, how long deceased, you know, everyone goes to proceed safety until they go into absolute safety. what does that mean? the most sacrosanct perceived dead instrument is us treasury's, the at bills notes are box and then you go from there and to physical in the cash, you know, money markets or us dollars. and then you go into physical gas. and then from there, once that starts to break down, once a confidence is broken down, then it's gold, gold and silver, and we're not there yet. we're good and we're in the phase of proving that pair, that pyramid has a good good concept. and that will quantity is king, you want to be liquid, there's nothing more liquid than us dollar, even if you're in brazil are argentina has a better example. think give up on the base and they get greenbacks, physical currency of the united states cuz it's more trusted. and the whole time i was watching pal, i thought, what would i do if i was in issues, in be honest, probably just about the same thing because it's number one job is even though he says,

chicago, just tasting the floor, garage, and not being able to think his teeth into it. ha, ha, ha john. well of course the theme of this episode is the new york is in fashion. give me a break. take a hike, buddy. get a grip, scram, get lost. this is the, this is a geo politics of our time. that is the fashion. however, on the other side, a bit, what we've been seeing, you know, the markets have started there. typical autumnal sort of volatility. everybody is a little bit worried. things are going to fall apart. and once again, you know, back in 2008. remember it really started in china, which was the 1st major market to have like a 1015 percent fall in one day earlier in the year and january of that year. and i think that ended up triggering all the rest that followed here again, we could see similar now will friction, i believe, has a totally different take on what's happening in china than you. but i'm going to talk about what's what his view is of what's going on. china's crackdown on debt tech and ever grandsons, frazzled wall street titans to china. first, i'll tell you about thos

they needed to apply, did not apply that were wrong, but they built this huge edifice just like john juggernaut of intellect. that has taken over people think about capitalism. and that's what they've rolled forward. and it's no damn wonder, it didn't say the actual class was coming because it doesn't live on this planet. it can't happen here. so that's in a very, very broad choice. that's, that's the problem with narr classical economics. it's a fantasy model of economic stress up and what i call miss maddox. and i think as mathematics, let's take a look at the contrast between classical economics and neo classical economics. classically comics would include adam smith, who is part of the enlightment who coined the phrase, the invisible hand, which would indicate that prices are derived through market action. and that no, in fact that doesn't max. so let me, let me, let me, let me, let me, let me finish my question. yeah. and then neo classical economics, which would include canes in that group. bully alarm tries and so on. you leave more in the pricing to be set by a central author

wall street sure but those people need to be ignored john oliver over there at the john oliver show you know h.b.o. he is you know throwing shade on her in a way that would not be allowed by law to be in the u.k. so john oliver like piers morgan before him just back up was back to go back to the devil's island over there in the north atlantic and leave us free speech loving folks that are building products in the economy that he himself and his countrymen end up benefiting from the shut up and leave but i want to also go back to this debt because remember i said that the original debt the debt that it cumulated and cause. puerto rico to default on the general obligation bond payments was seventy billion dollars well the u.s. gross national debt in one day last week one big spiked by seventy two point eight billion so that's what it means to have the ability to just print money and just like a lead on your own. you know permission ledger to create seventy two point eight billion in new debt and to be outside a system whereby it's not a british permission on a ledger for all to participat

commodity ties to back this paper money which is it's like the worst thing you can possibly do it's john law all over again but on a global basis is that true elster that's is how i see it it basically what joe or john lord did was he set up a private bank which school function or oh it then managed to get that confessed it into the royal bank which is affectively lower the 15 the 15 central bank or rather the region central bank and it allowed johndroe or to print money to buy shares in the mississippi venture so it was a double run when he merged the 2 together which i think was separate the 281720. the king in other words the regent because the king was. so young but the region decided to take some money out of this and he took $9900000000000.00 leaf threat just short of a 1000000000 lever out of it right at the top now at that stage john doe is beginning to have to plug a few holes here and there in the whole thing. like he had to ban the use of callings and his notes had to be used as money instead this is sort of the thing we're doing nowadays or been doing for a while taxes had to

john ellen is a buffoon. joe biden is mentally incompetent. and j. powell is a crock. well, i think the peak was actually back in 2008 when we 1st started kaiser 420082009 we've been covering the slow decline. and now is the southern part. and you see everybody up to that life ray dalio, multi billionaire who's also talking about the rapid decline at the u. s. and how you know, you need to protect yourself from the dollar declining. and in terms of this situation that the treasury secretary janet gallon describes on the ground like our observations just here in north carolina, is that everybody, it is like the roaring twenties people are out there, spending every single hour of the day as rush hour. people are house or spending consuming and it's it, it's wild because also like there are no work. so it's total entropy. decay chaos, like everywhere you go and he's an, a supermarket, any restaurant, any, the post office like there are no workers there. and there is lines out the door for every single thing you do. the dry cleaning in our area used to be 24 hour turnaroun

john paul saying, hank paul, excuse me, and timothy gardener and ben bernanke, he just wrote a multi $1000000.00 check to bail out. jamie diamond they are, it's still unclear whether or not the assumption is that beijing will bail out, at least domestically the situation. they might stiff foreign creditors who knows, but nevertheless, that something's going to be rectified here, we'll see. we'll, we'll watch it play out. fascinating. well, we're going to take a break when we come back much more coming your way. ah, ah, [000:00:00;00] ah, [000:00:00;00] a oh. oh, oh. oh oh oh i ah, when i see black marriage i see part of my so when i was growing young black america spoke to me when white australia did not. those who say black lives matter is a movement we are importing from america. know nothing of who we are. i lived in a world where white lives mattered. and i was not white. like ms. newman and i wasn't known from black america. i learned how to speak back to whiteness. aboriginal people here are more, every die were out. wanted them now will that the police were out war with she st

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. full stop? yes. okay, so that is just saying very clearly that the fed causes inflation. the fed not going to stop inflation. any 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. nonsense. from the central banks and professional money managers are like, ok, 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 the questions that this guy is asking here. while the focus will be on job openings in jolts. and 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 jo

with the new york fed, i'm not going to be friends with john williams. he's not going to give me free money. so i might as well just stay at home, eat bond bonds and watch kaiser report like that. there's a sort of sense of that and you see it at all the retail jobs and the retail sector . if you have to go to the supermarket, if you have to use the pharmacy, you'll notice that there are no workers there and it's total chaos and ramshackle supplies, empty shelves. all that stuff like you talk about what happened at the end of the soviet union. and on the other hand, it's kind of what, you know, you have the national problem of this wealth gap, but also international. so americans are, and some of the western economies are able to stay home, not locked down and get paid more. but somebody's paying for it somewhere like that the, the gap between us and what they can do in latin america, or parts of asia or africa, is that's also starting to break apart. right? and the have to remember, of course, that the money printing is causing inflation to rise. a lot

dot com john welcome him back to stacy now john we've known you for many years going back 3 bit coing days and well 2020 seems to be the year that the queen has driven the dollar to collapse in a way that gold was unable to john what do you think of that i think the dollar was headed south big time regardless of what other assets were doing what time but you know is clearly playing a role and gold is up sobers up so i think there is clearly money flowing out of financial assets and into real assets now you know how this plays out in terms of which real asset ends up being the winner i wouldn't even venture a guess but i think there's room for everything you know there there is room for gold silver and bitcoin to all go through the roof in a currency crisis because if you you know if you add up the value of the available gold right now and all the silver and all the kryptos you get something you know south of 10 trillion dollars in a world where total investable capital is something like $300.00 trillion dollars so a couple percentage points flowing out of stocks bonds and real estates

and so the biden administration with john kerry and others are going to be at the table, pushing the world to try and move these negotiations along. i don't think that that these meetings are gonna result in anything burg shattering. but just the fact that the united states is re engaging and continues to prioritize action on climate at the regulatory legislative level. means i think that there's hope for the planet that we don't destroy yet, that the world is at least engaged in trying to figure out a global solution to, to climate change. let me ask you this, which came 1st, money printing out of control or the global climate change crisis. i think about the same time, i think they both were sort of bare with the duster revolution and the burning the fossil fuels to meet all of our energy needs. so i think it's an opportunity to maybe address both problems at once. what do you think, you know, the, the, the idea of this e s. j, which is the rebranding of corporate social responsibility and climate space seems to be just cash in the print, a few more trillion dollars. and then my ex

hello, i'm thankful that you even introduce me to john perkins. and he came to the black, black shame summit and, and participated last year. so you guys are super amazing as it relates to it. still salvatore in central america, many of our brothers and sisters have been actually using bitcoin well before the government adopted. what we see that this is a movement of the people still. and then we need to make sure that we keep as many of our people engaged in space. we're happy to see governments do things right. a broken clocks can be right at least twice. but literally, i think it's the movement of the people, the reason why. because adoptions taking place, as you know, someone who's been so early and so often telling us this is the people baby and we're going to make this thing happen. no one can stop us. the chinese, the, the u. s. government f, b i, c, i. all the alphabets in the world can stop, b, i t, c. packed and the now, now let's switch confidence head over to africa. we know that in nigeria, things are, are getting down there, taken of

when you see that what he thinks and claire hello fresh, i'm thankful that you even introduce me to john perkins. and he came to the black, black shame summit and, and participated last year. so you guys are super amazing as it relates to sell salvatore in central america. many of our bros and sisters have been actually use them bitcoin well before the government adopted. so we see that this is a movement of the people still, and then we need to make sure that we keep as many of our people engaged in space. we're happy to see government do things right at a broken clock can be right at least twice. but literally, i think it's the movement of the people, the reason why they coin adoptions taking place. as you know, someone who's been so early and so often telling us this is the people baby and we're going to make this thing happen. no one can stop us, the chinese, the, the u. s. government, f, b, i, c, i. all the alphabets in the world can stop b, i t, c. packed of the now. now let's switch confidence head over to africa. we know that in nigeria, things are, and i'm getting down there tak

and this, you know, john maynard keynes just had this debt based system that you know, worked as long as you could always continue in service. the debt. we got that point in 1971 where we could no longer have sound money anymore. because we couldn't continue and grow the economy in a point where you can continue to service a debt and things are just gone exponential ever since. we're 30 trillion dollars now in the debt that we know. and so as we get to 40 trillion and 50 trillion there year, any more, these crazy ideas, like this trillion dollar coin all in an attempt to keep the plates spinning in this place. like i said, mainly just confidence, you know, confidence that, you know, there's gonna be some value in this currency tomorrow or next week. and i know a lot of is a good match, i'm sorry to kind of go off on a tangent that a lot of this is geopolitical to, you know, all the craziness exiting of afghanistan back 68 weeks ago, gets to confidence in the u. s. and by extension the u. s. is financial system and so that means we're just taken arrows left and right and competence and

ah, ah ah, john is not expressing itself for having dish willingness to lead. time to the coach. china is still trying to learn from others and trying to do business with everybody, particularly with russia, with us, which the, you know, it's not a, this is something that the whole world needs to understand. a history never has this experience of colonization. never has experience of trying to bully others. always tried to make friends with a, with our headline stories this saturday, french police fire tear gas to break gallop. our freedom convoy rami central park sounds been blocked off with checkpoints and armored vehicles. one in canada where the movement started. security forces are facing off against hundreds of truckers blocking the ambassador bridge. that key border crossing to us also ahead is likely to begin with aerial bombing and missile attacks that could obviously kill civilians without regard to their nationality. as washington vividly depicts, while the ledge of russian invasion of ukraine will look like western media, speculate on the exact date

so a policy or 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 stop. yeah. ok. 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. nonsense. from the central banks and 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 the questions 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. th

i rely on, i think john, after fed banker, new york bank, fed long, deceased, you know, everyone goes to proceed safety until they go into absolute safety. what does that mean? the most sacrosanct perceived dead instrument is us treasury. so the bills notes are box and then you go from there and to physical in the cash, you know, money markets or us dollars, and then you go into physical gas. and then from there, once that starts to break down, once a confidence is broken down, then it's gold, gold and silver, and we're not there yet. we're good and we're in the phase of proving that pair, that pyramid has a good, i good concept. and that will quantity is king, you want to be liquid, there's nothing more liquid than he was dollar, even if you're in brazil are argentina has a better example. think give up on the base and they get greenbacks, physical currency of the united states cuz it's more trusted. and the whole time i was watching pal, i thought, what would i do if i was in issues, in be honest, probably just about the same thing because it's number one job is even though he says,

or i guess john based on comp a scandal dot com. the conference is march, 3rd and last bag is be there until next time. by noon, ah, lines have been drawn and positions made clear after 2 weeks of high level talks, russia and nato, we main poles apart on how to define pan european security. moscow is presented its vision in writing while washington falls back on our cave. cold war cliches, there may or may, we should all be may or may, we should all be angry because what's going on. right. can't understand united states history and the role of slavery play.

when you see that what he thinks and claire, hello fresh, i'm thankful a g and introduce me to john perkins. and he came to the black, black shane summit and, and participated last year. so you guys are super amazing as it relates to sell salvatore in central america. many of our brothers and sisters have been actually use them bitcoin. well, before the government adopted what we see, that this is a movement of the people still, and then we need to make sure that we keep as many of our people engaged in space. we're happy to see government do things right. a broken clock can be right at least twice, but literally, i think it's the movement of the people, the reason why they coin adoptions taking place. as you know, someone who's been so early and so often telling us this is the people baby and we're going to make this thing happen. no one can stop us. the chinese, the, the u. s. government f, b, i, c, i a, all the alphabets in the world can stop b, i t c, packed of the know. now let's switch confidence head over to africa. we know that in nigeria, things are, are getting down there, taken o

when you see that what he thinks and claire hello fresh, i'm thankful that you even introduce me to john perkins. and he came to the black, black shane summit and, and participated last year. so you guys are super amazing as it relates to sell salvatore in central america. many of our brothers and sisters have been actually use them bitcoin. well, before the government adopted what we see, that this is a movement of the people still, and then we need to make sure that we keep as many of our people engaged in space. we're happy to see government do things right at a broken clock can be right at least twice. but literally, i think it's the movement of the people, the reason why they coin adoptions taking place. as you know, someone who's been so early and so often telling us this is to people baby, and we're going to make this thing happen. no one can stop us. the chinese, the, the u. s. government f, b, i, c, i, all the alphabets in the world can stop b, i t c. packed of the know. now let's switch confidence head over to africa. we know that in nigeria, things are, are getting down there,

i'm john got that. i've got that limit and i wanted them off. you're gonna go back to the left me about the less about i get up there for us. the news and headlines. this lunchtime, from moscow, the u. k. wally of a severe risk of a terrorist attack and cobble airport with it. and other nations telling the nationals to stay away from the site. but nonetheless, thousands are still amassing their desperate to get out before that moving evacuation deadline passes.

dollar is rallying so john of a now your web site is dollar collapse dot com the dollar has resisted all downward movement it's high and looks like it could go higher the dollar is saying massive deflation is the dollar the only safe haven out there and i say this in the context of gold because gold it's making no off time highs against every major currency in the world but not so the dollar was what do you look when you look at here now we have the dollar has held up a lot better than it seems like it should have based on just the numbers but in part that's because the real world of the need is an even bigger mess than the u.s. it's so you know relatively good as a place to hide out but not objective you know the numbers that underlie the dollar or so around this and all the big the currencies are having the same waitress a very. it's. and as for gold yeah you know so far the dollar has been a better safe haven than gold too as it has a limited time frame because. gold can't be inflated away by rogue central banks but the dollar can be along with all the other currencies because rem

over again but on a global basis is that true elster that is how i see it every basically what drop john lord did was he set up a private bank which school function or oh it then managed to get that confesses into the royal bank which is affective laid low at the 15 the 15 central bank or rather the region central bank and it allowed johndroe or print money to buy shares in the mississippi venture so it was a double run when he merged the 2 together which i think was separate the 281720. the king in other words the regent because the king was. so young but the region decided to take some money out of this and he took $9900000000.00 leaf threat just short of a 1000000000 lever out of it right at the top now at that stage john doe is beginning to have to plug a few holes here and there in the whole thing. like he had to ban the use of callings and his notes had to be used as money instead this is sort of the thing we're doing nowadays or been doing for a while taxes had to be paid out of his currency in other words he would provide you the money to pay the taxes so it was a double round he

paulson that's not hank paulson the secretary of treasury from goldman sachs is john paulson goldman sachs coconspirator paulson and goldman came up with the idea of selling mortgage securities to europe mainly to european pension funds so that they would insurance on mortgage securities called collateralized debt obligations these are derivatives and the idea was that if the mortgage market improved in america and the economy picked up and they'd make a lot of money selling insurance on these mortgages what goldman and colson didn't say is that in fact while they are selling these securities they were betting that the securities would turn into junk that the market would collapse and mortgages in america would that the mortgage market would implode and they would make billions that's what happened right after they sold several billion dollars in mortgage securities goldman and paulson. they were they lost ninety nine percent of their value in weeks they were complete total garbage and they didn't say that in fact they were the guys that were making the money selling these things so

he had hoped to do it through john mccain john mccain's no longer here but i think that bomb bomb bomb bomb iran is still on john bolton's mind very well remember all commodities trade in u.s. dollars that was part of the post world war two new world order is if iran is dealing oil or japan stealing oil or europe dealing in oil they have to go through dollars and then so new sanctions on iran any country that deals in oil and sort of dealing with dollars and then they can extrapolate that as oh you're violating the iran sanctions and then so this is part of the empire's key toward the dollar which is the world reserve currency and gives the u.s. the right to rule the world that anyone touches the u.s. dollar except for china's now except in the u.n. you know they're doing those i throw u.n. or gold or other does not strike up a currency that are emerging. that's right and that's what's really put in the. bill of the to manage the globe and iran is introducing a crypto currency not for it like domestic use but as a replacement for swift i don't realize that saudi arabia and the u.a.e. a

calls and that's not hank paulson the secretary of treasury from goldman sachs is john paulson goldman sachs coconspirator paulson and goldman came up with the idea of selling mortgage securities to europe mainly to european pension funds so that they would insurance on mortgage securities called collateralized debt obligations these are derivatives and the idea was that if the mortgage market improves did america and the economy picked up and they'd make a lot of money selling insurance on these mortgages what goldman and paulson didn't say is that in fact while they are selling these securities they were betting that the securities would turn into junk that the market would collapse and mortgages in america would that the mortgage market would implode and they would make billions that's what happened right after they sold several billion dollars in mortgage securities goldman and paulson. they were they lost ninety nine percent of their value in weeks were complete total garbage and they didn't say that in fact they were the guys that were making the money selling these things so it

deere a john deere you know it's a tractor that all farmers have used for 100 years in america and you always think of the small farmer out there farming that corn and wheat free when bringing it to the market and that's the way you get to eat and this is the backbone of the heartland of america well john deere figured a way to use copyright the carpi right cartels to basically introduce software to their other previously mechanical devices the tractor so now we have situations where by they don't allow farmers to have their software repaired on the tractor anywhere else but a john deere location so you know they'll often find themselves in a situation where the software has gone haywire in the middle of harvest season and they're supposed to book an appointment try to find a local john deere location bring this tractor there and start you know harvesting so they've been hacking them basically they've been going online find new ways and dark net forums to hack these devices in order to fix this so they can harvest you know their crops and yet they're tenant farmers they're finding out

chicago, just tasting the floor, garage, and not being able to think his teeth into it. ha, ha, ha john. well of course the theme of this episode is the new york is in fashion. give me a break. take a hike, buddy. get a grip, scram, get lost. this is the, this is a geo politics of our time. that is the fashion. however, on the other side of it, what we've been seeing, you know, the markets have started there. typical autumnal sort of volatility. everybody is a little bit worried. things are going to fall apart. and once again, you know, back in 2008. remember it really started in china, which was the 1st major market to have like a 1015 percent fall in one day earlier in the year and january of that year. and i think that ended up triggering all the rest that followed. here again, we could see similar now will victor, i believe, has a totally different take on what's happening in china than you, but i'm going to talk about what's what his view is of what's going on. china's crackdown on debt tech and ever grandsons, frazzled wall street titans to china. first i'll tell you about those f

well, to discuss it now joined by john chris or political science at the university of toronto and director of the g 20 research group. those are kristen, it's luke, to talk to you. thank you very much for taking the time to meet with you. ok center . so i know that on the eve of the 20, some in houston wide optimistic about its prospect. and if i understood your rationale correctly, you essentially argued that the severity of the challenges that the g 20 leaders have to deal with doesn't lead them my choice. other than to all of this leads them to get down to work regardless of their differences. and i had difficulty.

oliver over there the john oliver show you know. he is you know throwing shade on a trip though in a way that would not be allowed by law to be in the u.k. so john oliver like piers morgan before him pack up his back to go back to the devil's island over there in the north atlantic and leave us free speech loving folks that are building the products in the economy that he himself and his countrymen end up benefiting from the shut up and leave but i want to also go back to this debt because remember i said that the original debt the debt that it cumulated and cause. puerto rico to default on the general obligation bond payments was seventy billion dollars well the u.s. gross national debt in one day last week one big spiked by seventy two point eight billion so that's what it means to have the ability to just print money and just like create a lead on your own. you know permission and ledger to create seventy two point eight billion in new debt and to be outside a system whereby it's not a british permission on a ledger for all to pa

john ellen is a buffoon. joe biden is mentally incompetent. and j. powell is a crock. well, i think the peak was actually back in 2008 when we 1st started cars report, 20082009. and we've been covering the slow decline. and now is the southern part. and you see everybody up to that life ray dalio, multi billionaire who's also talk about the rapid decline in the u. s. and how you know, you need to protect yourself from the dollar declining. and in terms of this, you know, situation that the treasury secretary janet yellen describes on the ground like our observations just here in north carolina, is that everybody, it is like the roaring twenties people are out there, spending every single hour of the day is rush hour people are out there, spending consuming and it's it, it's wild because also like there are no workers, so it's total entropy to kay chaos. like everywhere you go and he's, and a supermarket, any restaurant, any, the post office, like there are no workers there. and there's lines out the door for every single thing you do. the dry cleaning in our area used

and actually will have to do that john a band i'll going to kind of off there thanks for being on the kaiser report ok thanks max john urbino has been our guest characterize report he's a dollar collapse dot com my name is max kaiser i was stacy herbert thanks for watching if you want to catch us on twitter it's kaiser report and select time by all. you are no fan speed you no longer a young woman in fact you are one of the last living survivors of the nazi else asked i'm aware of it. all you like. you can never forget the other guy now auschwitz was really like to be inhaled because he would never believe it want to go to as a copy of a course for 30 years of both and be very bad it all seems so a lot offered by your side to make it feel right when i get out on the farm saw you i want to take my song to their next meal so you can listen and hope for the bless my heart hurts. the u.s. market stuff is its worst selloff in more than 3 decades amid fears over the coronavirus president gone from it seems unfazed by the looming threat of a possible recession france declares born cope with

john oliver show. in a way that would not be allowed by law to be in the u.k. so john oliver like piers morgan back up is back to go back to the devil's island over there in the north atlantic and leave us free speech loving folks that are building the products of the economy that he himself and his countrymen end up benefiting from. and lead and i want to also go back to this step because remember i said that the original that definitely related and cause. puerto rico to default on the general obligation bond payment was seventy billion dollars well the u.s. gross national debt one day last week one day spiked by seventy two point eight billion so that what it means to have the ability to just print money and just like. on your own. ledger to create seventy two point eight billion and new debt and to be outside a system whereby it's not a fringe permission on the ledger for all to participate equally here the united states government the treasury has a permission ledger that only they can control and they get to create as much money as you want but you outside

they needed to apply, did not apply that were wrong, but they've built this huge and efficient like john juggernaut of intellect. that has taken over people think about capitalism. and that's what they've rolled forward. and it's no dam wonder a didn't say go on actual classes kind of because it doesn't leave on this planet. it can happen here. so that's in a very, very broad choice. that's, that's the problem with they are classical economics. it's a fantasy model of economic stress up and what i call mr. maddox and i think as mathematics, let's take a look at the contrast between classical economics and neo classical economics. classically comics would include adam smith, who is part of the enlightment who coined the phrase, the invisible hand, which would indicate that prices are derived through market action. and that no, in fact that doesn't max. so let me, let me, let me, let me, let me, let me finish my question, you know? yeah. and then neo classical economics, which would include canes, then that group bully, learn, tries and so on. you live more in the pricing to be set by a ce

people fight, pick line and go and say like i'm, i seem to love for example, or john mcafee to people who fought bitcoin and went insane. and gary gansler, if he continues down this path a year from now, they'll be locking them up in a loony bin. but we're also going to talk about other speculative assets. and one that is not considered to be a speculative asset, is the us treasury bonds. so we're going to talk about that and how that is become a speculative asset. the 1st, in terms of big point, i want to say that, you know, it is a speculation in a way you're speculating that it's the end of the system. and i think it's a, we think it's a good bet. but everything you do is a speculation right here when you walk out in the street, when you cross the road, you're speculating that somebody is not going to run over you. and they're going to obey the laws and not hit you and things like that well uniquely. and crucially, bitcoin is actually not a speculation because it's based on thermodynamics and mathematical equations. and the fact that 2 plus 2 equals 4, and that it exists in a world

but again, jack in john's island is died. i might have to go to the deal, but the most the most difficult to find the but there are 410 days right on the bank of the work under water chemical lives and has are, this is going to develop a new treatment, their international market know that these industries polluting you're simply ignored in one days, the mother of them and when we loved them other than that means we lost the in the, the i in the saturday mornings headlines for us is pushed to investigate crimes against indigenous people in canada after another $751.00 unmarked graves were found on the grounds of a former residential school. the chief of one local 1st nations group telling us they faced genocide for several generations. we did not ask for all of this to happen for 5 generation. it was policies in the 1800 early 1900. this is genocide police in paris, clear hundreds, attend from the city center of the refugees and they supported.

i rely on, i think john, after fed banker, new york bank, fed along deceased, you know, everyone goes to perceive safety until they go into absolute safety. what does that mean? the most sacrosanct perceived dead instrument is us treasury's, the at bills notes are box and then you go from there and a physical in the cash, you know, money markets or us dollars, and then you go into physical gas. and then from there, once that starts to break down, what the confidence is broken down, then it's gold, gold and silver, and we're not there yet. we're get and we're in the phase of proving that, that pyramid is a good, i good concept. and that will quantity is king, you want to be liquid, there's nothing more liquid than he was dollar, even if you're in brazil are argentina has a better example. think give up on the base and they get greenbacks, physical currency of the united states, cuz it's more trusted. and the whole time i was watching pal, i talk to you, what would i do if i was in his shoes? any, to be honest, probably just about the same thing because it's number one job is even thoug

i rely on, i think john, after fed banker, new york bank, fed along deceased, you know, everyone goes to perceive safety until they go into absolute safety. what does that mean? the most sacrosanct perceived dead instrument is us treasury's, the at bills notes are box and then you go from there and a physical in the cash, you know, money markets or us dollars, and then you go into physical gas. and then from there, once that starts to break down, what the confidence is broken down, then it's gold, gold and silver, and we're not there yet. we're get and we're in the phase of proving that, that pyramid is a good, i good concept. and that liquidity is king, you want to be liquid, there's nothing more liquid than he was dollar, even if you're in brazil are argentina has a better example. think give up on the base and they get greenbacks, physical currency of the united states, cuz it's more trusted. and the whole time i was watching pal, i talk to you, what would i do if i was in his shoes? i need to be honest. probably just about the same thing because it's number one job is even though

and we saw, you know, the hit men were flown in as, as john perkins would call them the economic hit man. and hillary clinton cackling in the white house when the cutoff was, was being actually murdered for, for the sake of the big oil companies. so, but any country that can get out of the petro dollar will, is one of the, one of the things we need to keep in mind here when we see capital fall. and we see the helicopters on the embassy roof like we did in saigon, and 975. is this sending a message to the global markets that the window is open now for countries to circumvent the, the petro dollar, that the window deciding glass door? i mean, it's all open, it's apparent for anyone to see. and that's kind of scary because, you know, we held the premium position as the empire king for a long time. and we've basically lost it overnight, not that we were weakening and weakening and a weakening. but as you pointed out, so accurately on the day of are very close to the afghan. it's jan. we're all empires die. we die. you mentioned that your background is good. does go back to one of the bra

welcome this segment of summer solutions with me max kaiser vibing my guest john titus is a filmmaker he has created the extraordinary film all the plenary and john welcome thank you max because you're all right in the film you outline a devastating portrait of a banking system run amok and become a rogue state menacing the globe with no accountability to anyone you point out that it's equivalent to medieval times when the king can do no wrong and that is meant literally and that's the literal power these banks have right you can prove me wrong show me a bank to prosecute show me bankers in jail when they commit crimes outside of this bank there aren't any. ok but there's no iceland banks in the cartel right the cartel is all predominantly big american big european banks and that is on a list that's up there in the bank of international settlements and they. the financial stability board they are saying this list of protected banking cartel members right they call them systemically important financial institution in those banks are literally above the law no one from those banks ever

deere john deere you know it's a tractor that all farmers have used for 100 years in america and you always think of the small farmer out there farming that corn and wheat free when bringing it to the market and that's the way you get to eat and this is the backbone of the heartland of america well john deere figured a way to use copyright the carp the right cartels to basically introduce software to their other previously mechanical devices the tractor so now we have situations where by they don't allow farmers to have their software repaired on the tractor anywhere else but a john deere location so you know they'll often find themselves in a situation where the software has gone haywire in the middle of harvest season and they're supposed to book an appointment try to find a local john deere location bring this tractor there and start you know harvesting so they've been hacking them basically they've been going online find new ways and dark net forums to hack these devices in order to fix this so they can harvest you know their crops and yet they're tenant farmers they're finding o

of give an impression that everything is ok this is very dangerous stuff and it reminds me of well john rule was in february 17th 20 the similarities are all for us to see if we want to look forwards it reminds me back in 2008 of course what got the whole global financial crisis started was one of the funds on wall street a junk bond fund they had to revise down the net asset value of that fund and that started a chain reaction it was one fund on one bank's balance sheet was downgraded and it started a chain reaction of lehman brothers and bastards and elsewhere and a crazed create the global financial crisis which requires 17 trillion dollars worth of or more and balance money and the response of wall street and washington and other banks around the world was to increase the size of the pipes that carry the money right so they didn't they didn't bother examining well is the currency self worth anything or is the system unstable or are we floating this enormous global ponzi scheme they set the ponzi scheme we're going to keep that intact but we're just going to widen the pipe so that we

don't, i just saw up dollar format isis fighters and they're now boarding a philippine naval ship in john $900.00 jeff, aren't abdulla still don't know what's waiting for them to do? can i get a hold of me? join me every 1st name on the alex simon show and i'll be speaking to guess in the world. the politics sport business. i'm show business. i'll see you then me the job doesn't look like this is off the field puzzle to can you through that actually useful sheet which is a to build me up with your budget that ah, will continue to tell you that in the each given famous from credit issued by i the me welcome back to the kaiser report. i'm ash guys are time now to turn to jane. howard consular an audience favorite. all this got amazing insights, stacy. right, jim, we are happy to tell you. you are part of our 50th anniversary special of the nixon shock. that is the 50th anniversary on august 15th, we're asking our guest just for their general views on basically what your feelings are of 50 years of the out. well, i look back on the next in the era with a great deal of fun this. i was a young

and i don't i just saw up dollar a former isis fighters and now boarding a philippine naval ship with john and $900.00. just aren't abdulla still don't know, watch waiting for them. and i was they gave me the me welcome back to the guys report, i'm ash guys are time now to turn to jane. howard consular an audience favorite. all this got amazing insights, stacy. right, jim, we are happy to tell you you are part of our 50th anniversary special of the nixon shock. that is the 50th anniversary on august 15th, we're asking our guest just for their general views on basically what your feelings are of 50 years of fi out. well, i look back on the nixon era with a great deal of fun. this. i was a young newspaper reporter and it was a great time to be in the news room. and i remember august 15th, and i kinda miss nick. see now, don't you considering that, you know, we have the medicine living dead in the white house. so at least he was a lively fellow. it, i didn't know you were a new person in the news room actually on august 15th. so what was the vibe and like, was it anticipated? was it expected

don't i just saw up dollar format isis fighters and they're now boarding a philippine naval ship with john $900.00 jeff, aren't abdulla still don't know who was waiting for them and i was they gave me. ready ready the me welcome back to the kaiser report, i max kaiser time, not to return to our conversation with tommy cost. he's over there across give capital tommy, welcome back. thanks for having been year. i wanted to follow up on something for our previous conversation relating to m to money supply. it's grown massively beyond the g. d. p growth sense 2008. pero barclay since the beginning of the pandemic black pounds a year ago. now here's my question. many on the left argue that this is necessary, not only to rescue the system, but to help the poor be response. what is, why is i think it's i instead of taking is so much on the political side. i'm going to say it's almost there is no way, no way around is the situation that we got into which with the lack of discipline that really started in the seventy's and the break of the gold standard and taken on that or more. dad, i don't think

john, thanks so much. may on guys report. thank you max. all right, and i was going to do it this edition. i'm trying to report with me mac date or one of the tone is so next time the me ah, when alex seem wrong. all just don't hold the any new rules? yes, to shape out this thing because the african and engagement equals the trail. when so many find themselves well the part we choose to look for common ground in so to to garage or finish 3. that can interest news hope other than the mean, russell? i hope so, but over the over the, the book just sort of the motion learning and of course procure mrs to propulsion just for you know, that i good position. we think he might be a soldier because off the boots. he's wearing a huge switch called up, took a personal opinion, was like the new one on this, you're still watching sports from buffalo. i always be polite, never engage with an aggravated or confrontational office. don't get into any conversation to start answering question. just ask for an attorney. ah, survive and interrogation. you've go

paulson that's not hank paulson the secretary of treasury from goldman sachs is john paulson goldman sachs coconspirator paulson and goldman came up with the idea of selling mortgage securities to europe mainly to european pension funds so that they would insurance on mortgage securities called collateralized debt obligations these are derivate is and the idea was that if the mortgage market improved in america and the economy picked up and they'd make a lot of money selling insurance on these mortgages what goldman and cos and didn't say is that in fact while they are selling the securities they were betting that the securities would turn into junk that the market would collapse and mortgages in america would that the mortgage market would implode and they would make billions that's what happened right after they sold several billion dollars in mortgage securities goldman and paulson. they were they lost ninety nine percent of their value in weeks they were complete total garbage and they didn't say that in fact they were the guys that were making the money selling these things so i

deere john deere you know it's a tractor that all farmers have used for 100 years in america and you always think of the small farmer out there farming that corn and wheat free when bringing it to the market and that's the way you get to eat and this is the backbone of the heartland of america well john deere figured a way to use copyright the carp the right cartels to basically introduce software to their other previously mechanical devices the tractor so now we have situations where by they don't allow farmers to have their software repaired on the tractor anywhere else but a john deere location so you know they'll often find themselves in a situation where the software has gone haywire in the middle of harvest season and they're supposed to book an appointment try to find a local john deere location bring the tractor there and stop you know harvesting so they've been hacking them basically they've been going online find new ways and dark net forums to hack these devices in order to fix this so they can harvest you know their crops and yet they're tenant farmers they're finding out

mccain's lawyer at the time was john dowd who then became trump's lawyer there all is actually there were a few people that were involved back then and. it's getting all these senators and everybody absolve the powerful people who did not go to prison at that time they had these lawyers that are still in power now but also the other legacy of john mccain is he was he was a war hawk despite what the media might have said they call it heroism and a great patriot and many people in the world might consider it a war hawk ism so i went to see like it does work obviously america is very powerful they have a huge army and our dollar since one nine hundred seventy three by the way when the you know john mccain returned to america from a prisoner of war camp which was a horrific experience and he was horribly tortured but he returned in march of one nine hundred seventy three right about the time that. basically we had the petrodollar beginning of the petrodollar so we after forty years we have a lot of hubris and a lot of war hawks and neo cons demand that we use that as a weapon so the doll

sort of protect you. wealth is actually done that in real terms, the real inflation rate by john looms is about 9 percent. so a 9 percent inflation rate goes down 10. it's maintained your purchase, right? and in any other currency about the us dollar dollars, it's actually done fantastically well. if you look at a country like argentina, brazil, all these other countries that are actually bring hyperinflation in a gall, this maintaining purchasing power. i mean, the only thing you want with goal is to maintain purchasing power. that's what, that's what you get with goal. and you get it for thousands of there's he maintained purchasing power with fear money. you're guaranteed to lose purchasing power. that's in historical accurate trip for 300 years. no fee money has gone against the basic fact that you will lose purchasing power sometime between 98 and 100 percent over 300 years. now, not none of them have escaped us. now with big coin, of course are guaranteed to increase purchasing power. it's a mathematical certainty, and that's why people, especially the jonesy and the millennials,