Distribution on agricultural goods and facemasks and personal protection a quick man on lysol wipes and things like that has made me really think of the Monetary System and the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 1000 pandemic is that were going to print chileans and trillions and trillions of dollars even more trillions so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars that are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its no
Supply chain and distribution and the problem of distribution and the problem with distribution on agricultural goods and face masks and personal protection a quick man that lysol wipes and things like that has made me really think of the Monetary System and the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 1000 pandemic is that were going to print chileans in chile is an chileans of dollars even more chilean so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of a
Of International Settlements guy is talking about is explicit lee pictographic lee portrayed in the money a velocity chart that weve been showing for a few years when a block face come to a dead halt is just gone down every single year because the money doesnt get to where its going on purpose thats by design because if it did then people would use it in ways that would increase the money velocity and wages would start going up and then the wall street ponzi scheme would come crashing down would have come crashing down earlier because thats inflation and inflation is the death knell to bonds and the bonds for 40 years have been the collateral for the ponzi scheme that is wall street because the bonds keep going up in price as long as folks like this guy who is a former banker International Settlements can complain about the last mile financed not going towards going to go then you will always see the need to lower Interest Rates we have a lot. More interest tries to keep the ponzi sche
Going to print chileans in chile isnt chileans of dollars even more trillion so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars that are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its not those big banks that are having a liquidity crisis as it was back then or credit crisis or credit crunch its these small and Medium Sized Enterprises that operate all the goods and services and deliver all those goods and services that theyre the ones that are in trouble at the moment you know the last mile distribution
Scientists. Regularcience club our hangout, our main layer is in brooklyn but at secret science club north we are back your tonight in manhattan as part of our fifth miniseries here at symphony space. So we really like to thank all the people at symphony space, the staff, particularly kathy landau, joanna thompson, rebecca whites, james and zack and wiki for helping us to expand our universe and wehe hope yours al. [applause] bighand for them. A very big thank you to the bar. The bars to the back into the left. They have concocted our cocktail to your or however you say it, its called thehe atlantis. Its a fabulous blue glowing drink. Its thing for the Space Shuttle which our speaker was a crew member and its very tasty. We highly recommend it. To expand your universe further. Also thanks to cspan who is coming us here tonight. Want to give a shout out to dinner if you like to find more about the secret science club and Upcoming Events here in brooklyn or anywhere in the universe, some