Welcome thanks for having me no one gives an introduction like kaiser report thanks max well it well deserved now the front page of the economist magazine says free money in one month the United States printed more money than it had in 200 years how much longer can this money printer go burb before the whole thing collapses well thats the debate this going to be had right now so you all of a sudden as i say we talked about missing 2010 she of money is ruined so you might as well have the governments critics as much of it as a lawyer and going to a competing money supply came along right because i mean so now youve got these 3 different forms of competing money coming along youve caught more modern money tree theory whereby the governments just crazy creates all the money youve got the middle system which is what weve had for the last decades which is fractional reserve banking where the banks kr. Privately yes like a hybrid caused by cops and this free market stroke crony capitalist re
Being joined by a banker turned bitcoin entrepreneur simon dixon of banks the future long term friend of this show and as wave a bit of an introduction his book banks of the future came out roughly 10 years ago it actually predicted a major crisis in 2020 its almost clairvoyant and how that accurate that prediction was simon is also recently gone on record that he believes a Central Banks will go directly to people and bypass the banks with their money printing thats now being discussed in the highest circles of backing this is an amazing prediction that was made basically by simon hes the 1st hes the best investment banker in bed calling encrypt oh so really a seminal character in the whole industry simon i want to get started 1st of all welcome thanks for having me no one gives an introduction like kaiser report thanks max well its well deserved now the front page of the economist magazine says free money in one month the United States printed more money than it had in 200 years how
Different forms of competing money coming along youve caught more than modern monetary theory whereby the governments just scrape creates all the money and youve got the middle system which is what weve had for the last decades which is fractional reserve banking where the banks create it privately yes like a hybrid caused by cops and this free market strake craney caps a less regulated environment which drives everyone into debt and then you go private money the next question is do we have deflation or do we have inflation and thats really dependent upon who craves the money of the faustus re so money has been destroyed as will these businesses before and that that consumers default on their debts and so the governments have to try and create the money out of fausta rates and if they do successfully created under fausta rates the number of the full then you could end up with a surprised. Nation and Consumer Price inflation which seems to be the trend that were heading towards with all
Investment banker in bed calling encrypt oh so really a seminal character in the whole industry simon i want to get started 1st of all welcome thanks for having me no one gives an introduction like kaiser report thanks max well its well deserved now the front page of the economist magazine says free money in one month the United States printed more money than it had in 200 years how much longer can this money printer go burb before the whole thing collapses well thats the debate this going to be had right now so you all of a sudden as i say we talked about this in 2010 she of money is ruined so you might as well have the governments critics as much of it as a lawyer and going to a competing money supply came along right because i mean so now youve got these 3 different forms of competing money coming along youve caught more mud and money everywhere by the governments just crazy crazy. All the money youve got the middle system which is what weve had for the last decades which is fractio
In the us fraud as in wisconsin said shops and cars on fire and Police Officers shot a black man in the back. Rows of the top headlines this morning state sued for the cause a report. We take over right here just bring you the latest news updates join us again live. Guys or this is kaiser report some of her solution thats right we talk about problems all year and then summer time we come up with all solutions that say were being joined by banker turned big coin entrepreneur simon dixon of banks the future long term friend of this show and as wave a bit of an introduction is book banks of the future came out roughly 10 years ago it actually predicted a major crisis in 2020 is almost clairvoyant and how that accurate that prediction was simon has also recently gone on record that he believes that Central Banks will go directly to people and bypass the banks with their money printing thats now being discussed in the highest circles of backing this is an amazing prediction that was made ba