Money for go burn them max weve talked about the cantillon effect for the past few years here and thats when money printer anybody close to the money printer they get it 1st the oligarchs the cup the kratz the caca stock or c. They get the money 1st they get all the benefits of 0 percent Interest Rates and the further away from the bunny printer you go the more income bird with debt and grotesque nesting toxicity of all the fraud that went before it so were seeing this unfold around the world but i do want to make some notes about the set we have a palm tree now in the background because we are you know feeling like summer is coming on and that might be some sort of hope in the future about this cove in 1000 global lock down we have a fine as an investment handbook here that we will need in a few moments to explain negative. Rates are negative prices on options but i do want to also say hi to juan one tanya because our latin american audience our. Version of kaiser report is like rocket and we have so many amazing viewers they will get constant emails so many tweets from them and he says you got one new follower ive seen like 10 of your videos so far in one week and im delighted with their content readings from columbia. See max is learning spanish just for you and of course we need that for the money printer go back because that is the ruling ours but i want to show you something about this council in effect and and in fact that the cantillon an elite there is the elite of cantillon around the world theyre the same class of people who get the money printing 1st and then what do they do they run away with it at the 1st sign of trouble theres capital flight and then we have life imitating art when i go back to 2008 max this is Alex Shaffers chase burning this is a part of j. P. Morgan chase the biggest bank in america and this was a metaphor for the banks being responsible for financialization being responsible for our economy and our societies burning down such oh you know that is part of the global as for action against banker occupation right thats been going on now for 01112 years has growing skirmishes coalesce to a Global Movement because there is only one issue that anybody concerned about you know society should be thinking about and that is the cant tell me in the cant tell ins that cantillon they get ends the cant they cant tell in that they cant really ins right now the catalonians they live in spray. If they cannot those they also live in france she said they cant the limit cant tell the ins. Well theyre gross theyre a gross population of grubbers well were seeing their impact in lebanon and this scene im going to show you we obviously do not condone any burning down of banks literally but im showing you an important moment that is the essentially the cyprus. This round of Global Financial collapse and this is an image from tripoli in lebanon banks set on fire in lebanon as currency crashes and hyper inflation events and were going to show this little clip of the video with the guy with the we put a big coin over his face not mine he posted this and this is a video of a guy watching the bank on fire burning down and then calmly walking away and i think thats really important sense as a metaphor for what we have to look at with this Global Situation because we have financial collapse we have economic collapse and we have to stop going oh my god we need to save it we need to save it do anything fed do anything treasury we need to just calmly walk away and let that system die and move over calmly to our new big queen gold hard money the hardening we need to just step away calmly and the question is what makes more sense burning a bank or buying bitcoin so if you burn a bank there just build a new bank so it doesnt really have much impact but if you buy a bit coy you are putting the banks out of business youre putting they cant tell the ins out of business youre putting fractional reserve bank or is out of business youre putting a central bankers out of business if you buy bitcoin thats why every Spanish Speaking person in the world every person in the world in every country in the world needs to be by bit coy as a way to opt out. Of fraud opt out of the cant sale eons opt out just opt out then or more and more people are doing that if you look at the quiet option charts in countries like argentina theres 0 mean higher brazil zooming hire argentina zooming higher mexico oh mexicos zooming hire places like the Bitcoin Embassy club in mexico city or track huge crowds because people realize that theyre all d the hope out of this mess is through bitcoin well of course not everybody has opted out yet and they didnt learn the lesson of 2013 when the cypriots had a bail in their wealth got confiscated argentina in 2001 they had the same situation many argentinians had savings and dollars in u. S. Dollars and the government seized it overnight the central bank of argentina seized it overnight and devalued there and they basically took 75 percent of their u. S. Dollars here in lebanon weve seen the same thing lebanon cities erupt against Economic Hardship one protester killed in tripoli banks have been a target of people angered by being frozen out of their deposits protesters in the Southern City of siddhant chanting revolution girls petrol bombs at a Central Bank Building inside its exterior on fire before smashing the fronts of banks and beirut dozens marched across the city somewhere in medical mass while chanting against the Financial System and shouting for more lebanese to join later crowds her old stones toward Security Forces positioned in front of the central bank so at least theyre identifying the underlying cantillon effect the cause of a lot of our economic crisis around the world is that there is a select group of people who get free fresh 0 percent Interest Rate cash theyre allowed capital flight all of their cash got to be taken out of the country and the soccer you know at the poker table this global neo liberal cantillon poker table they get trapped all their money is trapped inside the bank and they cant get it out. Re re reemphasize that burning bank is a relatively ineffective the rave i mean you can rip up lots of money i do it all the time when i go to events i rip up money all the time i ripped up probably 5060000. 00 at the feet of money over the years its all garbage compared to the bitcoin its literally garbage just like you know any u. S. Dollar when you compared to big calling its like venezuela all of our littering the streets where you have big quake of not 9000000 percent when it goes from a 1. 00 to 1020000. 00 you can literally use any fee at money in the world to wipe your self after you use the toilet because thats the only thing you could possibly use it for fear is only good for a cockapoo there is absolutely no use for it stop burning banks just buy big corn and let live so toshi. Do what hes going to do anyway just dont get so dramatic i might add here theyre chanting revolution and that system of 8 and cantillon effect like that can tell an elite that is what john f. Kennedy would have said basically revolution happens if you dont allow a peaceful way out well be queen is the peaceful resolution to this problem and least these protesters and levanon are like in a very d. Hyper partisan constructed its a system that is constructed to be hyper partisan by the you know the imperial powers that left essentially they are united across all sex whatever religion whatever group youre from that theyre saying like the problem is this central Banking System its not individual partisans like you know how they do it in america where principles and these notions of and ideals of natural law of our rights of man of our individual sovereignty go out the window when its partisan when its Red Team BlueTeam Republican democrat we see that with the issue of this assault that was as alleged by some women against joe biden and of course the entirety of half the population no longer cares champion that so this happens on you can see that in a and in an economic and Financial Way just like on the left wing in america if its Larry Summers doing this plunder and feeding cash or tim geitner feeding cash to their alit then theyre happy and that doesnt modernise the principle theres no principles involved the same thing theyre against you know anybody on the right arm steve newton doing this stuff all you need for proof that weve entered a new era of distraction. Is the pentagons report that they released video of. And they released this video and said look we actually weve been sitting on this for a while and we found aliens and the response by the news and by the collective Media Outlets around the world was a big yawn like were totally busy down here with other stuff we dont care about aliens anymore thats so in 1950 s. Were totally distracted by the mesmerize ation and hypnosis of the fake crises caused by money printing that we didnt even notice when the aliens arrived thats crazy things are but again dont burn a bank chill and buy bitcoin and i guess before we move on from this notion of financialization and how its broken all sorts of you know laws of physics we must point out why we have this book finance and investment hamba why do we have this cause we had a small print just briefly and the Options Market a put option traded at a negative price so how is that possible what does this handbook tell us max right this is the finest investment handbook for my library one of the many many many many books i have on finance and. Theres nothing in here that talks about trading a put option on a negative commodity price right because it doesnt exist this is an alien this is like the pentagon seeing chilean life form suddenly right this was an alien life form was a put option on a negative Commodity Prices never appear to stop or happen before its there recover is no textbook just like negative Interest Rate is a no economics textbook going back 300 years youll never find that because its a sin its an aberration live in a remarkable time because you can trade any phantasmagoric all nonsense that you can imagine over having a 5 or 6 cocktails that harry sent over in new york citys wall street area and come back to the office and decide hey lets trade that and uses collateral for a 1000000000. 00 loan to ourselves and then were going to buy half a 1000000000. 00 yacht and were going to get the fed to pay for it and then everyone else are going to die and we dont care because were crazy psychos and thats unfortunately the reality and then last 30 seconds here i want to talk about that the peaceful weight of walking away from the system and letting it burn down shanghai gold boss once super sovereign currency for post crisis times the president the Shanghai Gold Exchange called for a new super soften currency to offset the global dominance of the u. S. Dollar which he predicted would decline long term while gold prices rally he sees that the future global trade needs a super sovereign currency system which no single country has the power to freeze that International Assets of another country and this is exactly way see those protesters in lebanon burning down banks because their assets have been seized essentially by this corrupt system here hes saying our global trade all these them balances all this cantle in effect all this unrest all these constant boom and bust where wealth is constantly gets created created and thrown to a Certain Group of people this is all caused by the u. S. Dollar system as i predicted a long time ago. Chinas moving away from the dollar theyre moving toward a hard currency theyre going to use a crypto currency theyve already announced that now and next thing theyre going to announce that thats going to be back in part or entirely by gold as i said all right lets take a break when we come back much more coming your way. But i. Didnt see it when. I was on the floor some things in my back you know trying praying. Its time for us to. I was having children fever i didnt have any sense of. Loss you know. Would you. Recently she you know sometimes you just used to. Have didnt. Push myself to do this for me in the face im going to. Go. To war weve got to do is identify the threats that we have its crazy. Let it be an arms race. Spearing Dramatic Development only really im going to resist i dont see how that strategy will be successful very critical time to sit down and talk. Welcome back to the kaiser report im max keyser time now to turn to nick jam brunel hes a geo political analyst who is currently in argentina nick welcome great to be here max now argentina like lebannon is experiencing a currency crisis both countries are already facing economic collapse before the coronavirus now a lot downs of caused more economic chaos so tell us whats going on in argentina mc inflation is running out of control. Is headed towards 0 which is not a surprise to anybody familiar with argentina so even before the coronavirus hits argentina was in for some serious economic troubles and just by way of comparison i know you and stacey came down here in december and the currency has lost its use about half of its value in just a few months sense so its headed for another one of its sort of perennial financial crises so are claiming argentina is the next venezuela but other than the hyperinflation argentina same to have a far more diverse economy both socialist a male liberal administration 7 account for the same capital flight an economic catastrophe what keeps going wrong in your opinion nick everything keeps going wrong argentina has an abysmal tax system an abysmal regulation system its impossible to do business here thats why capital is leaving but argentina also has a strong underground economy which is actually contrary to what many people believe is a very good thing it gives argentina resilience to get past in economic crisis argentina was the 1st junk rated country to sell the socalled century bond raising 2750000000 at a 7 point. 9 percent yield and june of 27 saying it matures and 2117 but argentina will probably go bust a least 5 times before then so whats your thoughts on whats next the whole situations of giants farmers and as an indication of the Central Bank Manipulation of Interest Rates which are you know a very important or not just very short Interest Rates or the most important prices in all of the market so when you have a central bank manipulating you have a political role of central planners manipulating the most important price and all the whole economy you get enormous distortions so what you just this is this is and this is a perfect example of been an enormous distortion argentina issuing 100 year bonds and not just 100 year bond 100 year bonds was oversubscribed so you had investors piling over each other to lend this government money which is completely ridiculous but its only because of the overall manipulation of Interest Rates lower than they normally would be that these investors were starved for you so Little Things that a joke i mean it barely lasted a few years before theyre going to default again so to be honest i dont feel bad for the people that they get exactly what they deserve by investing in arjen times under your bonds and i and i hope argentina defaults. And they should teach people a lesson too when these governments money like this as we know what happens as the ultra capitalist like paul saying where they come into the story they buy up the government bonds and then they commit you know brazen acts of financial misdeeds same to be in cahoots with the government i dont know how anyone can separate they argentine government from pa saying there are any of these other crux but in 2001 you know they actually just stalled peoples money through confiscations in argentina defense ill do that again and are people preparing a pickle and are they gonna let themselves be ripped off again yeah i think its. Going to happen again but 1st i would say that its what happened what youre describing is that arjun science has it was something called the coral reef zone where arjun science had Bank Accounts denominated in u. S. Dollars and they woke up one day to find out that their dollar account said ben forcibly converted to pesos but at a terrible rate and let me just think this is happened in the us Something Like this happened in the u. S. When you when you think of the gold confiscation that f. D. R. Did in the 1930 s. That was basically a correlates all that happened in the u. S. Americans went to bed one night thinking their dollars were worth excuse me a goal or an ounce of gold was worth 20. 67 and then they woke up the next morning finding out that the government revalues in effect b. Took something where a dollar was worth about 1. 5 grams of gold and then the next morning they woke up when the dollar is now worth 2. 8 grams of all theres a 40 percent devaluation so the same things happen in the u. S. Its just a little bit of a different story but going back to your question yes it is going to happen again in argentina probably assume you know because the currency is just losing value rapidly and the government is going to look to grab as many dollars and other assets as as as a can and see your other part unfortunately not a Critical Mass of arjen signs are picking up on that point a lot of them are in relatively speaking it is it has a higher Adoption Rate but this is where you know its arc about the you know the vultures and the i. M. F. Coming in and really dictating whats going on here. Argentina is going to have an economic collapse thats baked into the cage so what comes after what comes after that is uncertain so they may as i see it the arts and science have 3 choices they can go back running to the i. M. F. And be slaves of