And the emergence of the petro dollar everything all oil all energy is settled in u. S. Dollars all commodities are priced in dollars and settled in dollars and all happens at the new york fed and everyone around new york gets a lot of money because they are in proximity to the new york fed and thats the way the world works of course the new york fed is the one in charge of the repo interventions at the moment they do say now that there is going to last through the tax season because they have another new excuse it was supposed to last for 24 hours and then 48 hours and then 72 hours then a few weeks and then a few months and now its going to last until at least april they say and we also covered back in may remember representative brad sherman of california hes a congressman from out there he said about bitcoin that big point we must stop it now because what theyre trying to do is replace the new york fed for exactly this sort of thing is what he was forecasting is that we need to con
Max kaiser this is the kaiser report you know interestingly enough we live in an age when the plumbing of banking is becoming more transparent people are now aware of how actually these big banks work in Central Banks and its quite fascinating actually because its the root of all fake news comes from fake money if you want to get rid of fake news you have to get rid of fake money more now later stacy actually you said that many times over the past few years and i did see that ron paul recently tweeted something along that lines that it was the fake money from the fed that is creating fake news and fake asset prices and things like that but in terms of whats happening right now one thing that you and i always talk about kaiser report since we began over 10 years ago now is we talk about gold we talk about bitcoin and a lot of people say oh you cant eat bitcoin and you cant eat gold and and theres an argument against it but here were going to look at some headlines guarding the individua
There while the u. S. Is saying should you choose to expel our military bases we will seize your assets at the new york fed you know i mean this is what fascinating and people are starting to see really how the world works and how the american empire works and how the empire of debt some of called it works it all clear so the new york fed and so these countries in the middle east can throw a hissy fit and throw themselves on the ground and cry and scream and they can do all kinds of stuff but it doesnt really matter because everything goes through the new york fed and member the 2008 crisis was resolved through the new york fed when Timothy Geithner was in charge and every time theres a crisis anywhere in the world pretty much its all resolved through the new york fed the new york fed has the ability to censor if you want to that they want to cut you off from the Global Economy they can do so at the flick of a switch because sense the 1940 s. All commodities are settled in dollars ever
If you own your own assets and their real assets because not your settlements layer not your money and this is responding to a wall street journal scoop u. S. Officials warned iraq that it risks losing access to its account at the new york fed where International Oil sale revenue is kept if it moves to expel u. S. Troops so iraq is theoretically an independent sovereign nation and they should be able to invite other militaries in to help them fight somebody or whatever and they should be able to expel Foreign Military troops should they wish them not to be there while the u. S. Is saying should you choose to expel military bases we will seize your assets at the new york fed you know i mean this is a fascinating and people are starting to see really how the world works and how the american empire works and how the empire of debt some of called it works it all clear so the new york fed and so these countries in the middle east can. In. A hissy fit and throw themselves on the ground and c
Of how actually these big banks work in Central Banks and its quite fascinating actually because its the root of all fake news comes from fake money if you want to get rid of fake news you have to get rid of fake money more now later stacy actually you said that many times over the past few years and i did see that ron paul recently tweeted something along that lines that it was the fake money from the fed that is creating fake news and fake asset prices and things like that but in terms of whats happening right now one thing that you and i always talk about kaiser report since we began over 10 years ago now is we talk about gold we talk about bitcoin and a lot of people say oh you cant eat bitcoin and you cant eat gold in and theres an argument against it but here were going to look at some headlines guarding the individual economic sovereignty that is granted to you if you own your own wealth if you own your own assets and their real assets because not your settlements layer not your