In latin america, in other countries. And now, you know, theyve proved themselves in effect. And i dont think the results are going to be pretty, trump unselfish across many rubicons as well. Like theres no going back from some of the stuff hes done. So there is not any individual. Its like the systems that are designed this way. The American Financial system crossed the rubicon, whereby we now have a system where the banks create 95 percent of the money. Not the u. S. Congress. The u. S. Congress used to by the constitution be authorized to create the money of our country. Instead, we have banks, private banks, print the money somehow because somewhere along the line we crossed the rubicon. Whether it was the founding of the central bank of america, the Federal Reserve bank, or it was the 1933, gold confiscation. Or when you 971. 00 that going off the gold standard, like there were several rubicons cross that there was no going back. Once you did that and always receive Popular Support, there was always enough Popular Support. Remember when caesar crossed the rubicon, he counted on the Popular Support of the people of rome to support him and to celebrate him as a war hero. He had killed like half the population or 3rd of the population of gaul and had all the riches that he looted from. And so he was going to give it to the people. And the people of course, adored all the free goods that he had stolen from the gaul, and the senators were fled. Remember this is the senate fled. So, you know, we, we have these constant situations where these are the games theories. This is the prisoners dilemma. These are all the things that go into, you know, Popular Support democracies republics. Thats why you have a republic to over is over like turn some of the democracies that will celebrate a dictator. They did celebrate caesar coming back and declaring himself dictator. They did want the free goods he was giving out. So, you know, all wars must and the financial wars, the military wars, you know, the acting secretary of defense this past weekend said that all wars must and this is remarkable. He caused outrage in the public. You know, it, you know, people who are outraged by this, nobody, no imperial people like wars to end. So it is dangerous to say this, well, its a huge ponzi scheme is on another way to look at it. So you have the banks are involved in a huge ponzi scheme attached to the Federal Reserve bank. And the Federal Reserve bank is attached to a huge ponzi scheme called the Global Banking financial me, i. M. F. And the world bank and the people at davos. And then that part of the ponzi scheme is backed by americas military. So americas military is kind of the force behind this global ponzi scheme. So if you defund the military, then the whole house of cards crumbles. And thats why you have these are important propagandist dick mouthpieces like paul krugman, or rachel maddow, just spewing the pro ponzi scheme war machine. Because if they let this thing collapse under the weight of its own fraud, greed and money printing, theyre all out of a job. Right . Because paul krugman had said that the u. S. Dollar is backed by men with guns. And this was his argument about why the u. S. Dollar was better than big coin. So we have another similar person in the news this past week ray dahlia. He runs, or i think it used to be the Biggest Hedge Fund in the world, and its down 16 or 18 percent this year. So it might not be the Biggest Hedge Fund in the world. But ray dahlia. Oh, he says now is a special moment for markets as china ascends so ray deleo this week, he said that bitcoin is no good, hes long gold because he believes the dollar is toast. But he said, you know, big question will be confiscated by governments are banned by governments, and thats why he doesnt believe in an bitcoin. So i want to just oppose him to another hedge fund, which is Paul Tudor Jones. And Paul Tudor Jones recently said that he has gold and bit coin, but that gold is a bet on dystopian future whereby like things fall apart and man humans are not good. They cant, they cant keep it together. Its apocalyptic. And they dont work together. He say he then went on to say that because it is a bet on humanity, its a bet on the goodness of humanity. And here is ray dal you saying basically hes betting that the dollars. Toast in the us is toast. The population is toast, the manufacturing capacity is toast. Their g. D. P. Is toast because hes going along china and he says, ray deleo believes Global Markets are at a very special moment with china on the rise and the relative power of the us facing challenges. The billionaire founder of bridgewater, so she said in his video message to the caption summit on saturday that chinas development is making the country more competitive and a learning global capital. Right. And i have this juxtaposition of Paul Tudor Jones versus right down the, you know, i think its very revealing. And right, Paul Tudor Jones understands because he has a position because hes profiting a wildly by big clients as he got into it. Its a 50 or 60 percent, as is Michael Saylor of micro strategy. And thats why over time hes a performer down substantially. Ray is not a very good money manager, and he does have this defeatist, fatalistic attitude that theres no point in even trying just throw the keys to china. And well try to squeak by dumb play my games by you know, manipulating prices and whatnot. As long as i can before they carry me out, but it is quite a stark contrast between somebody who understands what benefits humanity now be. Paul tudor jones and somebody is a sock puppet for the globalists in the davos crowd, who writes meaningless books. I mean, he wrote a book called principles like 3 or 4 or 500 pages long. I can sum it up quite simply by. Hi, there are just 40 books. Definitely raise al is the sort that goes to davros every year. The World Economic forum this year wants to have the great reset trade values and store in obviously hes saying that hes bragging about the, how great the Capital Markets are opening in china. And china is indeed theyve done an amazing job. And theyve leapfrogged ahead of the u. S. And Many Technology capability and innovation. But in terms of like the u. S. Was structured around the french and light meant an idea for republican checks and balances against tirana, monarchies. Obviously a lot of that has eroded over the years because of all the rubicons being crossed for the benefit of the people. Theyre just here to help out this emergency order. The patriot act is just to help you to protect you from terrorists that getting, confiscating your gold is to help the economy. All that sort of stuff happened over the years. But here theres a new technology called decline and that you can never cross the rubicon. Its not even possible with a system to structure our economy and Monetary System around that. As the acting defense secretary chris miller said, all wars must end this ends all wars because it can and all wars geo politically because its because you cannot cross the rubicon, you cannot pull a whole nation off a swift. You cannot sanction a whole country, like it is an open protocol and neutral protocol. So, you know, i think Paul Tudor Jones recognizes that this calm in the way it because the protocol is able to turn greed into an action which is securing the Network Trans modification in a way. But to get to the point, because i mean, isnt confiscate a ball and why this is important. What youre saying there is that i cannot use violence to grab somebody property. In the case of American Foreign policy, its all about, well, were going to grab your oil. Were going to bombs on you. Were going to grab all your resources and for to take the dollar. Its backed up as paul krugman had men with guns. He said to himself in the new york times, that was right there, published in the paper of record. And so if you have private property in this case, because that is on confiscate to a bowl, you cannot take my coins from me thats. Thats the end of the story. And the only way to get any of my bitcoin is to offer me something that ill trade for it. And thats peaceful trade. Thats why is pro humanity and violent chaos again, which st. Paul krugman said, is a nobel economist. He said that the dollar is better than big question because the basically, bitcoin is not backed by men with guns. It queen is backed by the end of all financial war. Its a monetary war as its, its peaceful because you cant confiscate it unless, of course you, you know, youre an f. B. I. Agent is tracking you and you move a 1000000000. 00 with a big coin and theyve been waiting for you to do that to prove that you have the keys and then threaten you with 2 lifetimes in prison. So there are exceptions to that, like but on a nation state level, its uncomfortable that enough particular case that was not great opsec by the person having their say coin removed from them. And that can be entirely avoided. So lets be clear. Many people have lost a big one because of bad upset because of bad protocol. But its not the fault of decline. If you take all necessary steps, its completely, im confiscate a bill and im going to be really against the city when countries are building these big bitcoin positions, whether its down or around a few others. And what are they doing there . Mining and mining is securing the network, so theyre working out who is typically for all holders. All hodler is the big client. Their greed for more big coin, incentivise altruism, youre securing the network. So again, the queen does not, not allow the rubicon to be crossed. And that is important because that geo, politically, it is the financial grid that, that is the thing that ties everything together on a geo political harmony will start a level well, you know, and we have to cross over this bridge. Thank. Im back in a minute away. So what weve got to do is identify the threats that we have. Its crazy. Let it be an arms race, spearing Dramatic Development only. I dont see it will be successful, very critical. Time time to sit down and talk during the vietnam war, u. S. Forces are also bombed to neighboring laos. There was a secret war. And for years the American People did not know how much it is the most heavily bombed country, per capita. Human history, millions of unexploded bombs still in danger lives in this Small Agricultural country. Jordyn wieber. Even today, kids in laos full victims of bombs dropped decades ago. Is the us making amends for the tragedy in laos. What help to the people need in that little land on i was always on the bull, but at least i show up big city bright lights, you jump, but you know jeans and many dangers because of the risk that the cocoon, blatantly to its also a city where up to 300000. 00 crimes are committed every year for the whole of the last living, but it will be the new mosque. Its filled to the reserve least one Police Officer for every 200 residents in russias capital lost on the english. I think you are still soiled, but the truth is that i will not go up. Boysen long to catch up to last. The world is driven by those dares thinks we dare to ask a new gold rush is underway and gone up. Thousands of ill equipped workers off flocking to the gold fields, hoping to strike it. Rich is the book that you know by those that work children are torn between gold. My family was very poor. I thought i was doing my best to get back to school, which side will have the strongest appeal. Welcome back to the kaiser report, imax keyser time now to go to our expense. Get out. Welcome back. Thats thank you for your latest piece is called resistance is not here at all, is because there is a sense if so to what alex resistance to work, i guess resistance to madness, resistance to 30000000 isnt resistance to authority. Does this idea of its Natural Authority versus fear of 30 and you know, natural, 30, something that emerges from the ground through competence and enter a sort of hearing to natural laws. Whereas Shia Authority is something that, you know, is top down. You know, its, you know, its some bureaucrat or some expert or some intelligence you know, academics who believes they know the way and they just sort of create on everybody and, you know, debility to resist i guess law or you know, resist, resist. Some bodies are flawed, idea of what, you know, how everyone should behave is extremely important. And it clearly is that resistance and, you know, in internet a century in todays the big resists imposition by bureaucrats and kind of a way to go against natural law. And even now, because it is a mathematical, its Computer Generated and it came from cipher punks. It represents nature and in a way that we havent seen in the economy, certainly in a long time. Can you go down there a little bit . Represents above all things like an objective truths and you know, well talk about the sort of previous power cuts, theres light. So did that, you know, why doesnt matter what you me or somebody else thinks, you know, we basically spoke of when we try to interpret it point to our own land, maybe not interpret, but try to decree something or project, something on it. Quite rare occurrence acetic with this kind of, you know, for years im randian terms like this objective truths, like its something that is there. Its, it, its reality. Its tied to truth. You know, it doesnt care how we behave. You know what i learned individuals or dishes . Its like is completely objective. Stand alone truth, where is it and what i think that best stands against or what that best resists is any form of fear whether were talking shit money, whether were talking, you know, fear loss, you know, whatever like the notion of is that i decree upon all of the, you know, its sort of this, you know, you can call it a leap, but i dont even want to call it a leap because, you know, at least suggests that, you know, theres something like, you know, for me when i think of the word elite i think of his same books because hes an elite runner at his own words, that elite like its not shia elite, which is, you know, i ended up being voted into government based on a popularity contest. Now i have the right to impose my will upon everybody else, right . Oh yes, there were only 3 is there were, can tell in air. You know, people are just here where positions of superiority are enough. Because you can bring about a lot of philosophical conversation. You know, you do a lot of this worry in your writings and in your part cast. Heres a philosophical question for you. Talk about objective truth. But in, because we also talk about how it allows people to express their ultimate subjectivity when it comes to value. So how do you square that . Oh, i mean, the only way for us to be able to cooperate subjectively is to have this is like some sort fabric that doesnt move because its that also moved like, you know, this was sort of think about this is like if you and i want to come together and build a house, you know, we might have different tastes and you know, we might some different functions like i might be the cuttings, you might be the tile or a whatever. But we sort of converge on. The subjective truth of, you know, measurement is, you know, we measure things in inches. If you know we were doing it, you chose inches. I chose the meat is them, you know, well show numbers or like we would do that house, we searched so it can sort of by being this objective truth. It enables true, subjective interpretation, true subjective expression from everybodys votes, right . So it works as a unit of account, some people call it hyper because asian already saying in countries like nigeria, where 30 percent of the population has already moved over to a big point standard. Lets talk about Stan Druckenmiller for a 2nd. Hes a heavyweight in london. Money manage the business for sure. Hes the guy who broke the bank of england made a 1000000000. 00 by going short the bank of england. Hes now anti us dollar, is getting into gold. Hes also getting into bitcoin talks about bitcoin outperforming vault just like Paul Tudor Jones has made the same comment. Do you think hes right that the dollar is toast Going Forward in this new 21st century geo political reality . Were living in alex. I think one thing that didnt soros break the bank of england, he working a 4 star us druckenmiller was sort of his right hand man. He was his genius that was working for soros was standing on canal or hes responsible for big breaking the bank of england. So yes, to be clear. Thank you for pointing that out. Ok. So now you go on a now anti dollar, and you know, if enough people go anti dollar, you can break the dollar and the dollar is, its not backed by anything. Its just except for violence except by force and, but if nobody around the world accepting it anymore, its going to crash and of all the hedge funds are going short. Its going to crash a lot sooner. Do you see this as a possibility . And is bitcoin the go to currency in this situation . It was never a question of um, of if its only a question of when now we, we can sit here and debate loke, you know, is that going to happen next year, 10 years from now, 30 years from now 50 or 100 years from now . You know, id sort of be banking on decades being more realistic. I mean, you know, the thing is, the u. S. Still is the u. S. Still has momentum behind it. You know, despite all the, you know, political turmoil and the, you know, the destruction of the constitution. All the kind of crap thats going on there. I mean, it, us still has momentum. It still has, you know, force, it still has some sort of, you know, economic substance and strength. So, you know, it has the capacity to maintain, you know, the u. S. Dollar for a while yet to come. What i mean, Everything Else also is priced in us. Those scissors, theres a lot there. But you know, the question is, when do you want to make that bet as someone who is making a bet on what money want to hold, do you want to make that it will get coins . You know, 10 years from now . Will it, when the dollar is decayed, another 99 percent, you know, because its worth a couple 1000000. 00, you know, relatively speaking or do you want to make that bit today . And obviously people like stanley jugglers that people like this is going to come around like a game theory of this. Like its mimetic in nature. Its going to sweep through a lot quicker, i think than anybody is. Right. You know, if i jump off a cliff, ive got a lot of momentum elex great until the last 10 or so as efficient money managers, ballio a branch water in connecticut, wrote a book called prince of all things down 18 percent this year. So maybe quit become a full time writer because as a money manager, hes stangs, but never the less he criticized because it has been quote, too volatile to use as a means of exchange and that government will outlaw it. This sounds like fide, fair uncertainty and doubt from 2016 is re this if i dont mind the time what effect it sounds like fun from 4 probably like 2014, its late. This is sort of like stage one fun that, you know, my mum can sort of flow like its, it completely lacks any intellectual curiosity or understanding what the queen is slates of volatility. Its like, ok will. How does the money emerge . You know, like, you know, well how does an organic Natural Market price money emerge . Well, its going to find value over time. And its going to, you know, people dont sense that by definition. Its also the fact that he hunts and literally makes me question whether hes either playing chess and hes like stacked in the background big time and hes just fighting it so that you know, it can remain, you know, subdued price. All she really is, or maybe someone ghostwrote principles because it just doesnt understand his own, principles. A b. , he doesnt understand any of the Economic Cycle stuff. He writes, hes just probably really good. Its like someone elses stuff. Slips in the 1st 20 from historical books, but its just a name and its beyond belief. Ive lost complete respect for him. Yeah. Tell a story. Its like a 1st of all hes down 18 percent south. Those, those kind of numbers mean that if anyone has ties money with ray, they are looking for tax losses, not for a Capital Gains number to show because he is the biggest as far in the world. He moves markets. What soros call of reflexivity. You know, the very fact that hes in a stock will move a stock and help buy the stock, and there it is. Hes up. Whatever he is. Intellect doesnt work. And number 3, as you point out, hes intellectually a pigmy. And if i watch or peg me and that his is mine is seemingly incapable of grasping anything more complicated than how to bully a bunch of traders around into manipulating stock prices. Its going to go the way of nouriel roubini, who recently capitulated and now is bitcoin, you know, but cohen ball after is such an ardent basher for so many years when you think, i hope i hope, i think itll be put it just this. If i rake kitchell, its a 10000000 dollars. It cant, because then we, i mean, we need someone, aside from the nation states to drive it quinn from 10000000 to 100000000, and i hope its ray. It will be poetic justice. And then one day, you know, someone like me might hire a suit. I dont know much, but its something that you know, raise going to need a jump down the track and you know, like someones limits. And i say that tongue in cheek, obviously i dont sound arrogant, but its like, you know, he is going to resist that until he cant anymore. And at some point, you know that theres switched in a flip, but i just, i personally hope its later not now because im still trying to keep it so. Yeah. Ok. There are trying to front runner a once or a comes, and it will be a 1000000. 00 at the one aim, and were going to be buying bridgewater management and turn it into a professional toilet cleaning service. And theres something practical and worthwhile. So the i. M. F. Is calling for a new bretton woods. What do you think this means in practical terms, a global century, central digital currency, what does it mean . Tell us. I dont even know that needs anymore. I mean us who are living today saying that, you know, the c, b, d, cs are going to help us fight Climate Change on what its like to just throwing words out like britain, more than research, Climate Change and capitalism. You know, look here, i dont even know what anything means anymore. Like, its just so late, you know, with britain and with the birth dead anyways. Its like what, why are we really back that anyway, what does this have to do with anything . You know, are we bringing that gold like we are moving back in time like this . I have no idea what they are. Well, i think what theyre saying is they need to be a global reset, but they dont know exactly what that means except that they know theyre in trouble. And what theyre going to reset against, i mean thats a good point, doesnt mean theyre going to reset against all the just means. Are going to get into a Conference Room and theyre going to, you know, my mind thought of that a lot of things, but i cant say them on television. Yeah. But anyway, alex maskey, thanks so much for being on kaiser report. Thanks. Low notes really should have been. All right, thats going to do it for this edition of cons. The report with me, max kaiser and stacey, i would like to thank our guests. And so next time by you all join me every thursday on the alex salmond chill and ill be speaking to guest of the world of politics. Sports business, im showbusiness. Ill see if that seems wrong. Just dont call me yet to see how this day comes. And in the game, because the trail find themselves worlds apart. We choose to look for common ground. During the vietnam war, u. S. Forces also bombed neighbor, unless there was a secret war. And for years, the American People did not know how much the mouth carry back to country per capita, all human history, millions of unexploded bombs still in danger. Lives in this Small Agricultural country thing going on a canal, its happening there. Even today, kids in laos, fall victim to bombs dropped decades ago. Is the us making amends for that tragedy . And what help do the people need in that little land of mines . Theres a lot in the bill, but im just actually like, big city, right . Like you, joe, but you know, jesus and many dangers later that lead to its also a city where up 2300000 crimes are committed every day for the last. When you believe that your mosque, the reserve least one Police Officer, if youve read 200 residents in russias capital, it was true that they were not going to come up. Boysen, you know, it was a big deal with them to most else go some small military equipment and personnel to raise a peacekeeping mission in the disputed region of nagornokarabakh. Hes still there probably saw me as president to demand his Prime Minister resigned. International attention grows on russias covert. 19 vaccine with israels Prime Minister are in talks to buy this, but make the job. Russias top virologists tell us when the International Community could get a hold on the pandemic. Im seeing fabric when 70 percent of the population will have gotten this infection, but this virus will never disappear from our population. It is another virus which we need to live with. The e. U. Split song times with post trauma america