In their border. As your headlines for more of those stories you can head to our team dot com right now stay with us for more great program. This is the kaiser report the world is. So you see its gave her thats what i see when i look at the headlines japans government will start paying us companies to move factories out of china japan to pay at least 536000000 dollars for companies to leave china now they are not heading back to japan they are planning on going to cambodia vietnam places like that other places and south east asia. Remarkable and so why are they doing that. Because there is a period of. Japan as a close ally of the United States the United States is escalating their war 1 against china and there are a few cities trap it could be game over on that on this whole the paradigm that weve known since 1981 of the us Dollar Standard china is crucial to buying art of our dollars accepting our lot of our dollars holding our dollars and then take me tains the supremacy of the us dollar but if this is over then this is over and its going to be a new start and i think that probably explains some of the actions out of the fat and out of the u. S. Treasury like stephen h. And was so benevolent such a good nice guy right here saying anybody who i got one of these p. P. P. Loans 4150000 or under basically just keep whatever who cut here cares what i got out of it you just take it i mean this sort of trashing of the dollar is an understanding by the elites by the guys who run the world who run the trade deals who who set global monetary and financial policy theyre saying its game over and we might as well just like to have a real good time while the you know in these last few weeks or months of this system oh right so. America the top 3 economies of the world yes so now they are like the tonic plates the tectonic plates i should say that could be the teutonic place to come in later with part of the european aspect but the tectonic plates are or are are moving away. So that would be seismically significant. Doesnt so mike a friendly cooperative globalized world to me now and you know what there was another story this week that im going to cut ahead to this because you know this china japan china japan of course holds trillions of dollars they between them have like 4 or 5 trillion in their reserves so theyre the biggest holders of u. S. Dollars but theres something that happened something with the 5 g. Network whence once china unveiled like basically that they can control the world all the 5 g. In the world and the u. S. Department of defense had said that whoever controls 5 g. Controls the world and it suddenly dawned on america because our policy since 2000 and since 2001 accepting them into the World Trade Organization was that they would just be happy with just the low skilled stuff and obviously that they dominate 5 g. In fact us doesnt have anything involved in it at all but they also have Artificial Intelligence and i dont know whats going on there but i think our department of defense understands that theres some sort of advancements and fight in an Artificial Intelligence out of china and this week we saw this headline that everybody on crypto twitter is talking about open ais g p t 3 may be the biggest thing since big quine open ai and nonprofit Artificial IntelligenceResearch Company backed by Peter Taylor Ilan mosque raid hofmann marc benioff sam altman and others released this 3rd generation of language prediction model g p t 3 into the open source wild language models allow computers to produce random ish sentences of approximately the same length and grammatical structure as those and a given body of text now the person who wrote this was the ai. Right so this is like the fake a i Artificial Intelligence and this is been something on the horizon for a while and you mention china and china you know they do their 5 year planning every 5 years and my understanding is that during the last 5 year Planning Session in china they started to introduce a so they become just this. Additional element to their political efficiency because they can effectively go into the psyche of their competitors and then produce whatever it takes both from a production standpoint but also from a marketing standpoint in a geo political standpoint to effectively compete with another layer of intelligence that in this case ai and this is now become mainstream because even a year ago or so this did seem like it wasnt going to be happening for many years remember it on mosque is behind us hes one of the participants on this iran must also has neural link also said on joe rogan show the thing to worry about is ai and means if they can weaponize means then they can instantly change the consciousness of a population so perhaps that is why this is and how warfare model that this is part of what the pentagon you know in terms of controlling populations overseas are changing you know persuasion the same with china and you know theyre theyre thinking about are they talking about banning ticktock in ticktock allegedly has advanced ai inside its basically a testing ground for ai it watches what youre watching within the oho frame and understands what youre actually looking at within the queue tick tock you know the ozone stuff right where you can control people with me right names are just an extension of what was discovered by Sigmund Freud and call it going back in the 19th century when they discover scientifically that there does exist a thing called the subconscious and the unconscious maims bypass the conscious mind and they go to work in directly into the sub conscious and unconscious mind and will really elicit a response immediately a visceral response. And this is of course the basis of modern propaganda which we saw back in world war 2 its also the basis of modern advertising which is incredibly persuasive so if you can weaponize memes and then put them onto the Global Internet of which billions are connected then you can control the masses and is elon musk a megalomaniac with armed with invincible weaponized means thats a possibility that we have to discuss that that could be the situation but hes definitely talking about does coin a lot which is a just a pure mean coin so he has been thinking about means and in terms of this Artificial Intelligence they say that i predict that unlike a 2 predecessors p. D. P. And open a i. G. P. To open a i d p t 3 will eventually be widely used pretend the author of a text is a person of interest with unpredictable and amusing effects on various communities i further predicted that this will spark a creative gold rush among talented amateurs to train similar models and adapt them to a variety of purposes including mock News Research journalism advertising politics and propaganda so this is open source and obviously thats the way the us does it peter steele and iran must both work for the u. S. Government various department of defense or agencies in other parts of their work so this could be a way to you know advance the technology and remember like even with Martin Scorsese with that last film he did the irishman the global audience of the open source audience did a better job with c. G. I. They really did his show the movie with better c. G. I. And so here we could the hive mind of the Global Online community could end up making this even more powerful right while the hive mind of the open Source Community in really full gear during the. Illusion of linux as an operating system back in the 1990 s. And we see it also with the creation of bitcoin is an open source project but what i see as the showdown ultimately is that ai is going to require a lot of energy and its going to use its own Tactical Strategies an ability to mesmerize humans to grab as much energy as possible and the other only technological element we know of that is require so much energy is that coin so i see the ultimate showdown being between ai and bitcoin because it is really on the side of humanity and ai is really working for itself against humanity but theyre both competing for Available Energy one of these 2 will prevail in terms of Artificial Intelligence and where that micro remember and k. All trauma that whole cia program that ran 1st from 105321973 what they were interested in is mind control so here is. Possible mind control is just something to watch and will probably cover and some are solutions will look further into that but i want to turn back to if this is the end game it makes sense to just like burn all the money that could be used in this game. And this game if its going to be ended and its over you might as well spend all your game coins as fast as possible robin hood is making far more money from the options boom than from stocks and another headline about this bullish u. S. Options trading suggests caution thrown aside so ive got my pile of money here and people are just throwing it away throwing it into the markets and the options trading maggie have all the fun you know i never have fun let me have a. System where its hard that theyre all like so chris theyre newly printed by oh yes powell over there at the u. S. Bad you know it its like these crypto coins really burn coins they say this is going to make the value of the remaining coins go up were going to burn millions and millions of coins so merican now is in the business of destroying the dollar because they think that to save the dollar they need to destroy the dollar is going to show if you like to go and try to pick dollars if i think its nice that they have a nice for the global audience but. Weve got to get the money going for this yeah back for next dollars for you in an elegant cinematic way well max used to be an options trader so you know basically you know if they were designed to head for actual commodities producer and as a genuine product for them for an ordinary person sitting at home and lock down with the extra 600 bucks a week you know what is options are a legitimate market for which ordinary Retail Investor should even be involved its pure gambling and so it should be regulated as gambling and because theres though it finds it value of an option as its price based on the options volatility formula which is so were just saying well the rule that well. Constructed based on the gambling volatility formula theres no real value to these options they can be used as a hedging strategy but mostly the volume or the open interest the number of options in existence expands and contracts based on the number of people who are actually trading those options and i think elon musk you know it generated with as mayme warfare with tesla the interest and the volume of options for tesla expanded exponentially and then like the most recent option expired on the friday just past and it went to what we used to call wall street option heaven right Something Like 85 percent of all options expire worthless so that actually the the odds of vegas are better than that actually i mean you could do it with what vegas you could make money but in the absence Trading Market youre almost certainly going to lose money but the commissions are similar to stock trading but the unit value is smaller so it ends up people end up spinning spinning spinning and a they get a very profitable for the brokerages i was one of the top 3 options producers out there called what i was looking at your subliminal back in 1909 did you know lots of lots of options business and i can tell you that thats not really a business and so finally game over as of the end of last year 38 percent of russell 2000 constituents were losing money since the markets trough in march their stocks have rallied about 79 percent on average that compares with 47 percent of those who are profitable so basically those same robinhood guys losing their money in options have been are also losing their buying losers in the Market Driving their Prices Higher right theres a generous remember if it does not make it but over 10 years theyre not making money are using a break and when we come back much more coming your way. You cannot be both with the yeah you. Syria has been engulfed in civil war for almost 10 years its cost hundreds of thousands of lives and displaced millions more no one foresaw the peaceful protests of 2011 is collating into a complex conflict between various armies geopolitical interests rebel groups and jihadists. How they are needed in the book on this. But if you tell us if you say in the hague because it is ok he. Is a genius also has a. Message to show look cool and. Let you know deep down to look. Closely at him on a day on. An ordinary i sat down i shouted never statham is the mother i am finishing what i did im with the hate get a shout then you. Get it. Welcome back to the kaiser report im max kaiser writes im an attorney to Charlie Boyle hes a financial journalist and Financial System reform campaigner charlie also runs a course teaching people the basics of trading kelly nice to have you on thanks marks nice to be on all right lets get into it so last week end tax this amateur investors begged a bankruptcy judge to save them after they had bought shares in the bankrupt j. C. Penney we saw similar with amateurs gobbling up bankrupt hurt stock and Whiting Petroleum stock your thoughts on these newbies chasing me zombies charlie well i mean it just proves. Far and away we go and see. Whats going on but i mean if you go back to march. Officers a massive crash and since then people in contacts naysaying have things right in iraq is crushed are they crazy not to get a lot of people in the u. K. I said right i set up money saddam traitor dot com to address some of those concerns but whats happened is totally off the scale here as you know the robin hood has the the volume on on those things is just and sadly like it never seen before. Hers was with something that was just on a completely different level. I think the problem here is. I dont know in favor of people are marching training for everybody but there seems to be a real ignorance about how straight they actually were so for example if you go online and tried to find ashtrays what are you seeing the 1st few lines of assaults you see c. S. K. Trading platform the whole sorts of brands that are very colorful. For any teacher i bring. But you know thats not the 1st part of it makes you look at j. C. Penney for example people have to understand how start actually works sorry alessio crazy nice talk. On the market then youre basically starting to the next person which traced the company is not getting any of the high and a lot of these people are being caught in what you call pond and they are the pump and dump and im sorry that people. Hope it shows but i think it actually. Restructured but will lose everything. This is a sense of whats happening how her story were yeah you mentioned the f. D. A. Saying their contacts are different but yeah similar tale after the training here in the u. S. And kind of originated in the u. K. But its even more risky than Office Training and Office Training i think im a big favor of the robber net app crowd and i thought the absence in task got to extreme overbought. Descent and then crash down to 0 at the athens expired you know eli musk in the bed of a robin hes the pied piper of this robin a generation because he openly mocks the i think say the securities and Exchange Commission he openly marches on stock price he said it was a sale you know many dozens of Percentage Points lower and he marks everyone by endorsing various all tointon except the coin market any his company is worth one point almost 300000000000. 00 so this is the new normal charlie i mean i understand what youre saying that its too bad these people are getting you know losing their shirts and getting ripped off but the culture has now turned into an icon a pied piper trading you know i mean as opposed to any Underlying Company that might be worth anything charlie yeah totally and you know were talking about one specific company but this is bigger how the case now you mentioned across the songs which is this theres really no effective regulation since the 2002000 right i was 2 sides so its for a stance a trade thats quite interesting that there are options trading for a tyrant in europe theres a legal siesta isnt to see it is basically limiting the price on the markets so you can argue your options are actually much more dangerous especially if you dont understand the basics. Surats a machine. Term you know its its regulation no ones going to learn in school for any of these things and one of the things that might exist especially people come to me is that you only realise. Youve been screwed when it when its too late sir you know people ignore all the regulation when when theyre doing well with sony when things turn sour theres then it starts to get exposed. And of course youve got the all the different you know. Technicals in the market respect. Resemblance to profits or the underlying value the company and this is what many people need to educate or close. To top it off hes got companies that. Are going to go against even they dont know how much theyre focusing on a big if any the next 6 to 9 months late so yeah started from a transparency and maybe able to lead the way to the business to realize all the different schemes to go on within still nothing to do regarding the company. During all of the industrial scale now but theyre never seen before right its funny how the pendulum swings back and forth you know a few weeks ago the the big open outcry was to defund the police and now were hearing activist scream please refund the police and as you point out everyone hates regulators on the way up and they love regulators and they appeal to regulators and they beg for regulation on the way down its amazing to have a Certain Group of folks can get away with having no transparency whatsoever and no need to abide by any laws that all ive seen now that the regulators are going to allow huge stock buyers like of the warren buffets of the world to do so completely in darkness without any transparency whatsoever thats a new thing that theyre going to allow and of course i mean the Options Markets taking with the Options Market you have no idea how these players are manipulating the Options Market because of course in the Options Market the volume or the open interest. Of supply well. Contracts and expands based on demand and supply theres no underlying fundamental value to an auction its based purely on volatility is how they come up the price so if you remove even who owns how much of what its really you know a casino and. Then. You know it is what it is i mean a lot of people are going to lose a lot of money but maybe that thats what they were born for that outcome you know thats just the way nature is now several of the big banks in the us reported their highest ever quarterly trading profits this is probably thanks to the fed buying all of their losing bets right here you have a model where the banks make bets if they go bad. Instead of peeling to regulators they just have the regulators buy the bad bets right off their books so why not create a special Purpose Vehicle or enough p. V. To buy a father robin a traitor stupid bad charlie well i mean scaring to the point now where nothing surprises me. The whole robin situation its been a much wider problem. You know going back to the banks for a 2nd. Of the provisions for one losses and i will start im going to be brutalised the next 6 to 9 months i mean. I wont be able Certain Properties to change crush on a bucket firm or a unemployment that is banks are Still Standing at record levels difficult to say how procure prices are going to bear up that far down another thing im looking out for them there because you believe counts and that we just cost money times that are. Just a way face things for. Any result for many banks of any size now i dont believe that so because a lot of the assets on our Balance Sheet for example are going to be coping with us and a couple of years its difficult and were not going to happen because were going just look to go to the highest. You know i wouldnt like a bank stocks right now you know even a bit sorry about what is said about you exactly because since it can change so quickly yeah i just keep on this point for a 2nd you know there are so my social unrest around the world because the disparity now between the top and the bottom is growing almost exponentially and you know thats just another great example of why there is some some myself still unrest if if a large institutional player or a bank makes a training mistake the central bank will make them whole if youre on robin hood and you buy shares and bank from hertz and you lose 90 percent or 100 percent the bank doesnt make you haul so its clearly it to tear society we have going thanks to a criminal activities i would characterize them both the Federal Reserve bank and the bank of england and other Central Banks around the world are caged in a criminal conspiracy but now lets talk about the stock market as it relates to the coin poloroid and the man on the street and they lunchbox guy that you know bag it down its apparent you know theres a huge. Disparity here right stock markets are all time high and we are and the beginning of a depression right while we work through this before us charlie said this many times. Already and that was going to respond but we had a really Good Coalition that she 1000 i crush you thought security done extremely well lets go back to our record levels of. Assets that would stroll into peoples lives that were destroyed many is. What happened at the time was. With huge potential on a system i dont know maybe that was close when time should. It not disobeying the problems it may produce a little a little baby a lot of the same so im out looking not so sure with a cause greater ability to whistle on than. Because for various reasons but shes been documented already and i just i start to say to take a picture not necessary i was when i was working in banking but whatever cyprus the banks collapse you know its always the people that were never responsible for any of the problems but they were treated always christ and desist this is the worst thing about it i mean for me my father ran a banks quite a big one on a council by training and im making most schools cons money on the trading front because i understand the system and this is why ive got my 2nd straight dot com to try and help people to at least look at coaching or your money saving the banks and the title. We have its very very unfair system as a loan criminality does a lot of cases but have all the evidence for sort of banks and other Financial Institutions thats right still trying the signs today and were still not getting the yet the results the main justice and all of these protests around the world. You know we need to be protesting about i mean a system where there is justice so the prisons in america are with us and im on one show we really realized. That this just only going to get worse right now. You know if they did stop those economies right Charlie Boyle yeah i follow you on twitter i think there are reports on various networks always excellent stuff thanks for being on the kaiser report thanks max and as i do for this edition of the kaiser report with me max kaiser and stacey armor want to thank our guest Charlie Boyle if you want to catch us on twitter at kaiser report until next time ill. How is the issue of china playing out in the American Election cycle both trump and biden betray themselves as being tough on beijing maybe they are at least rhetorically but reality shows a very different story and its bipartisan the commanding heights of industry and finance for the china for decades and their visions show is this china. Syria has been engulfed in civil war through almost 10 years its cost hundreds of thousands of lives and displaced millions more no one foresaw the peaceful protests of 20 units this collating into a complex conflict between various omnis geopolitical interests rebel groups bands jihadists. How did it all begin