Arctic is melting and things like that but no plans have ever actually materialized to fix it so here we have bill gates part of the intellectual property. You know wielding sort of billionaire class and he has an idea the bill gates this bill gates funded chemical cloud could help stop Global Warming fires burning across the amazon rain forest every new the debate about solutions to Climate Change bill gates is backing the 1st High Altitude experiment of one radical approach called solar geo engineering is meant to mimic the effects of a giant volcanic eruption thousands of planes would fly at High Altitudes spraying millions of tons of particles around the planet to create a massive chemical cloud that would cool the surface you know. When i 1st heard the term chem trails. Thats the one Conspiracy Theory too far alex jones is crazy oh heres bill gates feeling cam trails in the atmosphere heres a twice convicted predatory monopolist who also supports general lee modified organisms and genocidal side effects they may have asking the world to accept what would be the analogy lets see youre being surveyed upon 24 hours a day by his technology and you can see the sun. Prison thats it bill gates is reinvented prison for profit thank you bill. It so this is geo engineering by the way could they warn eradicate Blue Skies Forever it could alter regional weather patterns in a way we dont understand and according to Steven Gardner who is the author of the perfect mall storm the ethical tragedy of Climate Change he says these consequences might be horrific they might involve things like mass famine mass flooding drought of kinds that will affect every will affect a very large populations well you know bill gates is a guy that is lauded as a smart guy who reads a book every 2 days in billions of dollars but you know that would be like applauding cancer right i mean cancer is a runaway growth that studies are cellular structure attacks it kills us were dead you know bill gates and many like him are in the death as a Service Business and theyre doing a very effective job you know once Artificial Intelligence begin to read our minds thats kind of the Event Horizon thats the singularity thats the end game. Well its also like nasim told well he was very against monsanto for example for those sort of principles that we dont know the unintended consequences and the risk just isnt worth it. You know bill gates will say we have to stop Climate Change at any cost right now because its sort of we need help bob geldof said the same thing about africa feeding africa we have to give them in santo products because no matter what they need to be eat today and who cares about the long term consequences of depriving them of ever being able to have their own Agricultural Products again in the future with these terminator seeds we need today like less just the problems today you know a lot of our mentality in bitcoin is low time preference in in the rest of the world in the world its high time profits if we could just get through today you know maybe tomorrow will still be here well this is the equivalent of like me to. For billionaires right so bill gates was the richest guy in the world jeff bezos became richest guy in the world so he feels like a lady so hes a you know i got to make another 20000000000 really quick how can i do it all. Of the atmosphere and ill kill like 3000000000 people but ill make it over toward bill gates on the richest man in the world as he has the intellectual property on this geo engineering and whatever this chemical cloud mixture is and whether or not who gets to that control when you are allowed to see the blue sky and things like that but another idea was also presented this week and this is from sweden they often come up with wacky ideas but this is certainly one scientist suggests eating human flesh to fight Climate ChangeStockholm School of economics professor of course and researcher magnus soder lund reportedly said he believes eating human meat derive from dead bodies might be able to help save the human race if only a World Society were to quote awaken to the idea so this is capitalism presented by an economist who believes they eating humans might solve the problem of the meat and emissions from and just roll farming of course this has already been tried in history in papa new guinea and those people went mad because of the prions that. Gave them the equivalent of mad cow disease for humans will sways famously inhale cow flatulence. As a condiment to their smoke tearing i heard from a guy named Steven Pelley and oh yeah accountable is a minute stuff that only the donner party as a service countable is about as a service brought to you by steve gates in sweden i get a nobel prize for that im sure you know he believes that. Conservative taboos against cannibalism can change over time that theres thing senator here by the way is a cow actually fluctuating at the moment so the swains are in town and theyre feasting gregarious gorgeously on some nice cat. Once so cannibalism leads to mad human disease that leads to madness in humans it also led to madness and cows because cows when they were fed cow products they ate other cows and it spread to mad cow disease and its so 100 percent fatal disease caused by industrial farming here i want to talk about this mad cow disease apply to that as an analogy to our Financial System because here theyre suggesting on the one hand you know we need to feed the world so were going to feed cows cows and that causes mad cow disease but then because of Climate Change and all this industrial farming were going to feed humans to other humans like soylent green sort of response to Climate Change and were going to send a big chemical cloud like the ideas are crazier and crazier so part of this whole global problems these predatory capitalism is we need these negative Interest Rates they say and the negative Interest Rates. Im going to show you is the equivalent of the mad cow disease because youre feeding capital to capitalism its eating itself capitalism has to eat itself to survive were told so question being guard as gross Interest Income in germany heads towards 0 so this is a guest post on mish talk dot com and the door director of economics at the. School of management and paris and hes looking at the results of the negative Interest Rate so far. Left the head of the e. C. B. With cutting rates further and promising q. E. For as long as it takes now Christine Legarde is coming in we dont know what her policies will be tours this but wear a suit. She would not have received the job had she not promised to feed capital to capitalism and this guy looked at the money lost and gained in across the euro zone because of quantitative easing because of negative Interest Rates and as weve pointed out report its been a transfer of savings capital taken from savers and pensioners and transferred to debtors and these added up the numbers and what you found was that the Monetary Policy conducted after 2012 in europe has implied a cumulative loss of gross Interest Income of 158000000000 euro just for german households and up until 2019 on the other side of the Balance Sheet they found a german borrowing households saved a cumulative 99000000000 of interest expenses the net result is a loss of 58000000000 euros to german households humans are pretty stupid so you know in antiquity prehistory is the old civilizations used to throw children on the bonfires to try to appease the gods you know here were going into negative Interest Rates to appease the financial of the Central Banks and theyre sacrificing our childrens our childrens future the children will have no future because all to create the ponzi scheme today you need to feed capitalism with capital to keep the ponzi scheme going which means negative Interest Rates are 0 percent Interest Rates to force consumption into the present so that people have the free ponzi money to keep consuming in the present because their time preference is all messed up but the result will be in 20 years probably this generations either just becoming adults now. Theyll have nothing theyll be theyll be probably obese thats what our friend royce apart over at gold money and they has been talking about the negative Interest Rates. Or telegraphing a drop in population if you look at forest consumption in the present to feed the ponzi scheme that means youve got this generation will have to be sacrificed and so you know humans have not really psychologically evolved from the days when the just used to outright butcher children for the gods for their butchering the generations eat for the policy. And bill gates is there you dont make it in a grass skirt shaking a skull rattle bone hoping that the sky turns green or whatever the hes doing and hes a total psychopath twice convicted predatory monopolist sophia its self is an experiment and its a very new experiment weve had 5000 years of gold and proven is real and its its a store of value and because this is sort of value operated for 5000 years as a global unit of account for global trade periods of globalization indeed globalization happened around it but since 1971 is spent in experiments all of these things that youve seen since all of the huge gap being of the wealth and income gap all of the all of the monsantos all of the intellectual properties all these bill gates sort of experiments are only possible of pulling forward all of this like the next 3040 years have been told for we already consumed the next 30 or 40 years what we need to do is like go into cryogenic chambers and just like living for the next 3040 years especially austerity but here we have the these experiments the results like with man santo we didnt know until 20 years later fates that they were going to destroy all the bees that they were going to kill all the bees the results of an appear then and then what do we do like now we need fake bees like these like artificial you know nanotechnology bees that go around allegedly this is one of the ideas for resolving this problem of killing these through. Right well ok you know the ancient egyptians the. Wall space they have mine permit schemes thanks bill gates stay to take a little break come back of much more right after this. Tensions between the masses and clones whose have existed ever since modern states came into being but often serve as a drawing of the earth political change with Russian Civil Society growing larger and louder against the excesses of the governing leaks what does the future of the political system look like. You know world of big part of the lot and conspiracy its time to wake up to dig deeper to hit the stories that Mainstream Media refuses to tell more than ever we need to be smart we need to stop slamming the door on the back and shouting past each other its time for Critical Thinking its time to fight for the middle for the truth the time is now for watching closely watching the hawks. Welcome back to the kaiser report imax keyser time out to speak with stefan le vera all the way from australia estefan welcome to cause report thank you for having me max thats great i made the big trip here to read a lot of year for the honey badger conference from a it when did a big coin wave hit australia. I mean there were made up groups and stuff going in like 20122013 so on. The space go very confused as well with all the kind of book chain of technology and. Now theres a bit of push back with cornell so there are way all starting to see some more bitcoin or groups sprouting up around the country as well right you know your podcast is a must listen to podcasts its quite quite popular and how long youve been doing pop guess that a year in 2 or 3 months at this point right and so is it fair to say that youre an austrian economist thats kind of what you lean that way absolutely i mean i would say im not a professional economist but im a student of austrian economics and ive been studying it. My life at this point just been reading a lot of. Articles and books and watching talks from the mazes institute essentially and i think thats where a lot of my education came from and guys like bob if you and tom woods as well have big influences on my own thought and how to fit that model oh absolutely for me i think understanding from an austrian Economic Framework you can understand more about why the fixed money supply is not necessarily a problem and also why what in the kind of normal mainstream economic woe way they think of all deflation and holding and so on whereas i think an austrian has the tools to rebut some of those ideas or at least understand why theyre not necessarily such a problem like they are in the quote unquote mainstream economics. You know its defined we seem to be in a period of history where insanities being normalised. Economic insanity with the negative Interest Rates politics seems mad. And coin is entering onto the stage during this time is it the answer to all of this insanity out there and is that was that purely accidental or are there a Larger Forces at work because it fixes this next until you know. Look ultimately it is a crazy speculation we are living through this world of negative Interest Rates i think the most. Basic explanation that ive heard around this is essentially that its great a full theory right bonds have that inverse price and Interest Rate you dynamic as people continually push the bones of the thinking oss i can buy this bond and sell it on to somebody else thats just pushing the you of into further and further negative territory but this is all in in an underlying environments where credit is much more cheap and much more available than it would be under a hard money such as a gold or a big quince tended where we would see much less credit available and we would see more of a true pricing for some bonds or in a bubble i think bonds are in a bubble absolutely feel money is in a bubble. Stocks appear overvalued and theyre in a bubble and one of the few things out there thats not a bubble would be bitcoin its funny that the mainstream economists like Nouriel Roubini or paul krugman you know they refer to big coin as a speculative instrument looking for a greater fools its a bubble and it is an answer to the bubbles ok bonds in the u. S. And in Great Britain have not been in this level of overvaluation in 300 years high that bubble is in australia whats the mood there with the government toward bitcoin and. What whats what are we hearing out of out of that and whats the general. Perception of it because you know we dont talk to a lot of folks from australia so whats the mood there i would say theres still a fair amount of confusion around the block Chain Technology and so on theres not necessarily an understanding of because it is hard money because as a solution to some of the problems as a potential parallel Financial System that could be built on top of because as an to the problems that have been caused by governments failing you know the australias been and they make expansion for 20 something years up until recently i think it may have just for the 1st time in decades entered into downtick on the g. D. P. Housing its been i think its fair to say housing has been in a bubble so in australia theres no incentive to look at something new because just the systems work for decades absolutely right so theres a bit of a you know. On behalf of the population but i think that might be changing now and your podcast one of the demographics of it is its global it goes out whos listening to your pocket mostly typically listen is there actually in the us funnily enough. I would say its typically sort of mid twentys up through maybe 50 so lets say it tends to be male tends to be financial sort of people or Technology Technological tech savvy people and developers who are interested about bitcoin thats sort of a guess in a nutshell some of the demographics if you will of my god and i did see with him when typically when you know what your journey there preceding how did you get into this yes if im a i like most people 1st im a. Slashdot article and maybe 2011 or 12 i disregarded it at that point and then it was only in late 2012 funnily enough i read an article by erik boy hes and that was my. Moment where i came to be going and it just to me it was like whoa this is amazing this is incredible and obviously having being interested in austrian economics and monetary theory for some time i was obviously already skeptical of central banking and money and i was already very amenable to the idea because and then once i sold the potential i just went down that rabbit hole and just not been i was still thinking about because and since and been learning and learning and learning and i mean as you know its a very very deep rabbit hole and you can get stuck down different pathways but ultimately for me that caused me the to then go and really go back and study some of that because the austrian monetary theory a little bit further to try and tighten my understanding and obviously interacting with guys like. Some of these are guys who are kind of explaining it from an austrian point of view that was essentially well i gained some of my own understanding that im known in some sense passing on to my own and listen thats right someone once said and it could have been me that you dont change because it changes you what do you think of that comment 100 percent agree with that and i think what we have seen over the last few years in big korean is particularly Certain Companies who think that they could control it and think that they could be the ones to dictate where the protocol goes and will dictate how we will interact with it but in reality what were saying is because it is like this and safety in would say its sort of like an economic reality that is asserting itself over the world and we have to kind of adapt also as to how calling is and one way to think of that is to some extent seeing a lowering all of our time preference so where in the pos we may have been more impatient we may have made more impulsive decisions now because it is learning to save more they are learning to be more called distances of the future and really take into account the decisions that you make now one of the impacts that will have on you. Into your years in the future and even on your you know children and grandchildren and your descendants as well you know for me its like round trip through culture because when i was you know grew up in the sixtys you know leery and talking about instant gratification drop out soon in and it was a complete repudiation of the ethos of that time and now this generation z. This new generation is going going away from instant gratification and saying we need actually hard money we need a low time preference we need to build a future for ourselves you know using economics it seems like a complete. Shift paradigm shift or different. Is that you know because it seems like with negative rates and all these other catastrophes in the meantime in politics that this generation z. And the millennial they are in trouble they are in trouble is that a fair characterization. Even in australia theres been a long problem in recent years about Housing Affordability many people cannot afford to buy a place close enough to where they work and so they are having to go to the bank of mum and dad well theyre basically having to lever up to their eyeballs in debt and were seeing these crazy stories of this you know 20 year olds who like 35 Different Properties but really theyre just leveraged out to the maximum absolute maximum and these people are not well placed if Interest Rates were to rise but then again you sort of play that game back and forward because you dont know what will the government do with the government try to juice that thing again and just keep the rates low and bail outs and so on ultimately whatever happens we sort of understand the midst of this has been the root cause was money to begin with the easy money is what has caused all of these. Shenanigans if you will and now were all just trying to struggle to adapt and find a way to deal with the problems that have been introduced by government monetary intervention with the podcast stuff and what were you going with this what were going to be in a year or 2 from now what are the plans to big plans its highly successful i mean people are also mentioned the stuff on the air podcast the minutes like one of the top ones out there so worry well where you go with this were going to be well thank you i really just try to im trying to just reach more people and help them see. From the way that what i call a big clint austrian perspective and im going to just reach more people. Having some more technical level discussion from both from an economics and Technology Point of view on because some have been to just keep increasing and improving the quality of the discussions and hopefully obviously its nice to you know lend lend big guests on the show as well thats a big part of it but also just to make sure that you know im also improving my knowledge and im helping clarify and helping simplify things so that people who are busy people have families and jobs and so on and hopefully my podcast can become a good resource for them that they can try to understand things from a way that kind of helps deprogrammed them from. That theyve been fed in the normal schools and normal universities the normal kind of Mainstream MediaFinancial Press and that sort of thing. You know talking about the technology or so what for the most of the average person what you discover to be the most difficult piece of the tech stack for people to kind of get their mind around because there are a lot of different considerations there what do you find is the one thing for someone just watching this very for the 1st time to they want to get into the technology whats the one article you would refer them to yes. Theres a great article by nick kata recently that is called the most. A peaceful. Peaceful revolution i mean that was a fantastic article but i think a key point that i think a lot of people who are not so experienced in big coin dont quite understand what they do is they tend to buy because and leave it on an exchange i think thats a big no no and really the key point that as big as we want to encourage people to do is take ownership of their own case and that means typically buying a hardware wallet such as the cold cod and pulling it out of the exchange and sending and holding it on your own. In your own wallet under your own insecurity and obviously theres a journey to that and once you learn how to do that process of holding your own kaizen in the next step is learning how to run your own full now and theres a top 3 tribute typically are what in your mind in your view its going to take supply its hard to confiscate and its easy to use oh ok well thats going to do it for this edition of the kaiser report with me max kaiser Stacy Herbert i guess to follow vera cast fantastic look it up going to catch us on twitter its kaiser report report dot com its all next on. In the big pain years since cross started 10 years i think its time to shake things up maybe change the branding maybe the format here is what ive been thinking about next season related episodes filmed on an island 10 experts fight it out for a trophy what do you think ok a more affordable option 25. 00 text birds. And one red rose another suggestion geopolitical jeopardy parody no political cookout where we will literally wrote the elites. Late night show its a rare form of these days im going to cheat on him it is an old microphone in a printed band. But actually me with one of my girls i can do this and laughter politics gone wild like music. Ok crosstalk is not about hype its about meaning 10 years of talk and still going strong. Peter if you want to change something why dont we get rid of the bow tie you know that is too much. Join me every thursday on the alex simon chill and ill be speaking to guest of the world of politics sports business im showbusiness ill see you there. But if she warned you i did the dishes at the bazemore those jeans nudist beach and you see me we need you. And about their normal lives e. Q. s will be home in the news i mean those are the infants involved. A lot of you will see as it bites about 2 kids each other both for the most called. As idiot. These. 5 days doing lisa. In english to be a threat people who simply. Include in. The u. S. Is sending extra troops and weaponry to the middle east they say to protect saudi arabia from iran. Cry 6 facebook now claims its a public show not just a platform in the legal case which could have a major impact on whats posted on the signs. And all street and lawmakers will do pull the plug on the huge trade deal between latin america and the e. U. Notifies in the outlets and. Well thats it for me for now and the day which you do will be here with you next hour to take you through all the latest headlines from around the world and stay with us for crosstalk next