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 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 in terms of money the former bank of International Settlements. Guy is talking about is explicit lee picked a graphically portrayed and a money velocity chart that we spend showing for a few years money velocities come to a dead halt its 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 so long as folks like this guy who is a former bank that are National Settlements can complain about the last mile of finance not going towards going to go then you will always see the need to lower Interest Rates we have a lower Interest Rates to keep the ponzi scheme going so its my design you know i dont i dont understand i mean i understand hes trying to distance himself from what he has done well because hes hes a foxhole confession you know hes the arsonist who comes out of a burning building and says i mean i pour gasoline all over the place my little match and it burned down i dont know what happened officer i dont know what happened and we say this Alan Greenspan when he left the Bank Central Bank you know he said you know what all my economic theories i have to say now were wrong so now the cranston who by the way is as big as a house too many carbohydrates i think you need to go on quito thats he is now issuing them a culpa and saying actually im a fraud everything i did was a far odd and whatever hes doing now sweeping toilets or cleaning toilets or whatever hes doing now its too much so there is a distribution problem with that free money and free money keeps on going to the same people they hoard it they hide it they dont they dont circulate that we see that the money velocity numbers. And now were there we say thank Central Banks including the i. M. F. And bank of International Settlements are being presented with this coded 1000 pandemic and theyre saying all they know how to do is give money to the banks because thats what their mandate is right so here we have a situation whereby this money is sitting there idle its not working its not circulating and its making me think of what were seeing in the Agricultural Sector because we have headlines like this a food crisis looms as Coronavirus Forces farms to stay eitel and country scored supplies on the one hand you have courting because of fear of how long this pandemic is going to go on and on the other hand you have farm sitting idle not for want of supply the catalyst still there the pigs are still there the chickens are still there the chickens are still laying eggs we still sprouting the corn is still growing all that stuff is still there but you need humans that will go there and pick it and stand on the Assembly Line at the processing factory bike processing the Meat Processing the chicken processing the chickens the eggs and the people those people are either fraid to go there or theyre getting sick and they can and then the whole Assembly Line has to be shut down or theyre just not able to because of social distancing they have to stand for their part which means they have to operate on a smaller Assembly Line so you have a problem of a food sitting there idle and yet you see that in the distribution line here is that if you go to the supermarket their distribution their supply chain is built for one thing and obviously this pandemic compound that buying people buying for a month or 2 at a time versus the supermarkets have their own supply chains but all their suppliers are now like almost bankrupt because they have all this food that is meant to be delivered to a restaurant and it cant be produce. You know if you decades of the descent to crash the organized labor you know going back to reagan and when he fired all the air Traffic Controllers and that was the beginning of the end for wages and wage earners in america if if if now its about a 15. 00 minimum wage which is a joke because if wages had kept up with inflation defined as the rate at which money is being printed then the minimum wage in america just to stay even would be 50. 00 an hour right it doesnt but jamie dimon makes a 1000000000. 00 a Lloyd Blankfein makes a 1000000000. 00 because theyre adding some kind of incremental gain to the economy now they print to lots of money and they take a 100. 00 and they give you one right now ok after 30 years of that and now suddenly the supply chains rents are up to it and youre 15 dollars an hour worker are saying well we cant work because the coven one thing and by the way were organized now and were going to demand our rightful hourly wage which is closer to 50. 00 an hour and based on your money supply that youve been warning yourself for 30 years i mean wall street can win every single time eventually some workers have to go to support in the American Economy the American Economy is not just buying for kleptocrat its not buying for terrorists like jamie dimon theres labor and bothers people who work with people who have families or values or the American History the legacy that has to be respected at some point you simply cant throw the keys to a group of wall street charlotte sense and give them 6789 trillion dollars and expect them to whip up something thats not an outright fricken act of bald terrorism i used to get their terrorist what to do with terrorists well of course the decline of organized labor style the rise of organized crime which is weve had a crime wave ongoing Financial Crime wave derivatives crime wave debt crime wave credit crime wave since the 1980 s. Late 1980 s. And 6 celebrating because the costs of these are theres too many conflicts you know and theyre having to have a turf war they got called in for racketeering right to bring prosecutor going to recap jamie diamond right there maybe morgan j. P. Morgan just like like. Jamie diamond makes the 911. 00 trophies look like spilled milk thats thats the proportionate response to look at jamie diamond wall street bankers and by the way their stocks are crashing now so after they stole hundreds of billions of dollars. And they left an empty shell of a bank thats now collapsing and its happening all over the world ok thats an act of of vandalism thats beyond anything beyond anything weve seen so called terrorist when you compare it to diamond those guys are are you know peashooters doing. Well remember jamie dimon did from the hospital say that this was good this collapse was good for j. P. Morgan because they could buy at a cheaper rate than that which i mean it is his walking culvert 19 ok these are worse than coffin one thing hes infected more people with his financial virus than kovan bank created more deaths than covert 19 how hes not in jail today is a fairly are of justice in america so i want to turn to this story from believe it sam b. C. A food crisis looms as Coronavirus Forces farms to stay idle and countries hoard supplies so the f a o which is the United Nations food and Agricultural Organization said that disruptions can be expected in april and may to the food supply restrictions on movement some basic aversion be paid for by workers could impede farming so the f. A. O. Food processors to handle the vast majority of Agricultural Products could also be prevented from processing the Farm Products we are already seeing however challenges in terms of the logistics involving the movement of food not being able to move food from point a to point b. And that pandemics impact on livestock sector due to reduced access to animal feed and slaughterhouses so this is something ive been noting on twitter by the way and there is that an entire sector of of twitter now dedicated to supply chain truth or ism so they believe that there is despite actually workers not sharing out slaughterhouses have just shut down you know flour producers saying that they cant deliver because of the disruption in the in the postal system you know not. Saying that theres anything wrong but there were many people denying back in january if you look on kaiser report we were covering 1000 and saying warning people about this in january early february were with alex shaffer painting arts and early and mid february and you know we were warning about this one people who were there were a lot of truth is out there as well saying and denying that anything was coming well i blame the video games because youve got these millennialism jency who play video games and are in Virtual Reality and they just click a button and they win the game and theyre like wait you know what i mean the supply chain i just won the game what he talked about they dont they when they have no comprehension of the physical reality of the world they have no idea where food comes from they just think their mom brings it on a plate down in the basement they say continue with their songs my moms up theyre going to make me a cake what do i mean theres no supply and food again were talking about that last mile of the last miles always a lot of the biggest problem around the world for example giving aid to africa so its that last mile actually distributing the goods its the same thing an america where we say theres no disruption in the actual supply if you send a bunch of food to a warlord in africa its not going to get to the people is it if you give a bunch of money to jamie diamond its not going to get to the workers is it these are awards on wall street instead of a guy in africa whos here david aid to and he says oh you know i think ill just keep it and not give it to the people and theyre going to starve you know hes theres no difference so even if they supply is there even if somebody could distribute to the very last mile we have the problem of the last 2 meters in this pandemic situation in this last minute here billingsgate fish market traders forced to shut after customers ignore coronavirus 2 meter rule and we have here at the billingsgate fish market in london one of the oldest fish markets the world Steve Moynahan is shutting down for the 1st time in 28 years and why does he say well because customers are failing to follow guidelines about how close they should stand to one another he said quote. Some people are closing because their suppliers are drying up thats the last mile problem but people like myself didnt feel there was enough being done to reduce this much risk its possible for myself my staff and the public so people were not honoring those last 2 meters between you and the goods. Theyre going to start paying people more and thats thats thats it you have to get rid of the bankers and to start paying people. A rate that is commensurate with the supply of money in the system and then toll that happens in those to make librium between whats being paid to people based on the money supply then youre going to have Food Shortages and youre going to have over 1000 possible so youre going to have a lot of social unrest and so you get rid of the central bankers and their propensity to steal jamie dimon is i think if you still working you still have a problem. Well we got to take a break and when we come back we wont be talking about jamie diamond thanks stay right there. Do you believe in miracles would seem democrats to you after the joe biden surge on super tuesday for them the fear of the Bernie Sanders candidate see me now be contained however this is far from over taking on trump no we seek out. The it. Was. The only. One. Your driver. And our government and all the other major governments of the world know whats going to happen and when its going to. But they havent told you and they havent told me they havent announced. Imagine something as big as the earth. Is going to cause tidal waves or earthquakes volcanoes erupt and its going to chill. So very for a while right. My great grandfathers quote. Nobody would care about the law or prison so youd have wallace the should have. A terrible life between now and the. Welcome back to the kaiser report imax keyser time now to go to the flat cost host coing take over pod cast welcome to the shows last. Year really an honor how many people can claim that they have been on kaiser report no very few when you consider the total world population. I want to talk about cypherpunks for a 2nd and you say that cypherpunks did 90 percent of the toshibas work so 1st of all just kind of tell the audience what a cypherpunk is and then. Exactly what work did they do for such toshi suck on a felon some of the blanks that he can decipher are the people who identify the cyberpunk who do you know cipher stuff with cryptography and in the ninetys they would meet up and develop all sorts of the publication now to maximize their privacy and you have the cyber monday. Published in 1902 i think and you also have. The book by may which is called the cyber not me cause so if you want to understand what they are about then you should check out the 2 documents and you dont have to read the whole cipher nomic con you just have to read the 1st page and. The bait between comply to the territory and laws. And greater amounts of privacy much more important to preserve individual freedom and human rights and privacy and Everything Else but the same time there were 2 camps within the cyber group there was a side with lives most were concerned with privacy in developing stuff and i think. Door right now which is a way to get more privacy on the internet or out of your connection and also the video are kind of cyberpunk and spirit and their ideals and there was the other camp of cyberpunk with was much more concerned with economics than money and they wanted to basically end that speech been jargon of the so. That they sound to you i think to them because they like the holy grail because for a long time they try to accomplish something which is totally the centralized and capable of providing an invisible freedom and they have had many experiments start with david toms the cast and i think that was in the early ninetys that went with that did you Cast Corporation and even top with the funding recorded by the cia and usa and they were the same guy and theyre in internal channels and stuff like that about the danger that did cast can pose to Global Economy and the product itself has failed because it wasnt trying to create a new group to a currency per se it was just trying to move money in a more private way. And this was much more centralized that relied on Central Authority after david toms experiments we have seen i dont back. Passed gas and that was i think the 997. 00 that was the way to grieve and. Emailed that alan 1st so that was the 1st purpose but after that healthy and he has upgraded the product call in 2004 and its the reusable proof work thats where this whole data actually lay the foundation for both points and ideologically we think about the goals you go up by next stop though is 90 percent of what bitcoin is supposed to be but has a different consensus system where are they going to talk about the hass and the processing cycles that occur at the time and thats what insert the network security. Design it was all about your amount of computers and process server being connected so it was the type of simple attacks with a large majority of computers joining the network one hyman overtaking the 51 percent was already and i could just destroy the system so i think the social nakamoto has taken elements from all of these inventions that prosy the coin and has combined them in order to get something done so phil piper. Having absolute freedom well he didnt manage to do it to provide more privacy but theres a lot of agreement station and operate now oh thats an excellent little history of it all thank you that was great glad you are a ph d. Candidate and political philosophy so can yo