Earth twitter and facebook pages do share your thoughts there with us on the days developments would be good to see what youre thinking are there i mean only a goodbye for. Max kaiser this is the kaiser reporting now we dealing with a Global Pandemic the viral type infecting people causing chaos and mayhem but thats small change compared to the mind virus of bit coy you know if youre really smart person it makes you even smarter thats the thing about this fire of stacy max indeed kaiser report has been officially declared full of smart sophisticated people audience and presenters and bullish on humanity thats the important thing to note bullish on humanity that is what Paul Tudor Jones calls the bit coin crowd and were going to get into exactly what he said here and this is a quote from his appearance on c m b c bitcoin has an enormous contingent of really really smart sophisticated people who believe in it youve got this group crowd sourced from all over the world that is dedicated to
Donald trump and joe biden face off for the 1st time in the u. S. President ial debates. With fellow very still gripped in a political crisis the french president makes the countrys self exiled Opposition Leader and agrees to mediate in negotiations. And watching r. T. International neil harvey on the team will be back with your close a morning run down and then our best to stay tuned for the kaiser. Hey you know back in 2008 when the had the Global Financial crisis and banks went under Lehman Brothers bear stearns and some European Banks are going to go under that old like meetings all the weekend long and the policy was not to reform banks but to give them a bigger credit line 1020. 00 times bigger at the time we said you know it intended 12 years so if theres going to happen but a lot bigger well here we are 12 years later and the states are just as you said. Its all unraveling again especially with European Banks because they are not the center of the empire they are not rome they
Years of this serious 11 years now and you can see that even Jerome Powell an acting sitting head of a central bank the u. S. Central bank is even saying this member last year mark carney said that as he was exiting the bank of england he said that the dollar is no longer fit to be the walls reserve currency and that we need these additional currency sort of s. T. R. Sort of currency to replace that and this earlier this week we saw at your own power stated that he would dread a day that Digital Currency is take over the Current System and the u. S. Dollar would not be the old reserve currency anymore rightists like dentistry people dread it the day that gas lights are no longer around no one to electric lights and they dreaded the day that cars took over and we didnt have horse drawn carriages anymore and you know things change and he cant do a thing to stop at your own pal he could be the last fed chairman in the United States before the big coins take over and so this is just all pa
50 years to the point now were learning velocities and 0 and the continuing errors are growing exponentially but yeah i mean as simon dixon pointed out in the last interview there is a sense that they understand this problem of cars and they want to start giving money to the people instead but its kind of too late because after 20 years of this mass cancelling the fact that we see you know the top one percent have all that wealth and all the assets so they could buy up all everything before the inflation arrives of all this money going to the ordinary people but you know another quote that we say all the time here and i think its one of the most relevant to this sort of cantillon economy that we do have and that is from Frederick Bos the out one of the thinkers of the french in my meant and it is relevant to today because we do see a trickle down of the plunder that happens at the top so when plunder this is the quote from Frederick Boss the out becomes a way of law. For a group of men
Is. Im max kaiser this is the kaiser report lot of people talking about is this the beginning of china as the worlds superpower or but theyre not thinking about another end of an era in that would be the Central Banks stacey yes we are we believe here in kaiser report anyway that we are at the end of a fee out era and weve been kind of warning of preparing for that for the past 10 years of this series 11 years now and you could see that even Jerome Powell an acting sitting head of a central bank the u. S. Consul bank is even saying this member last year mark carney said that as he was exiting the bank of england he said that the dollar is no longer fit to be the worlds reserve currency and that we need these additional currency sort of s. T. R. Sort of currency to replace that and this earlier this week we saw a drone powell stated that he would dread a day that Digital Currencies take over the Current System and the u. S. Dollar would not be the old reserve currency anymore right its