series the ozarks series got me thinking ok because what is that was our series is this respectable middle class family from chicago moved to the ozarks in missouri because the guy well the couple they're laundering money from mexican drug cartel so when they arrive in the ozarks what do they do they look for money losing businesses big money losers they must be huge money losers because they need to launder a lot of money for the mexican drug cartels so that story line from the ozarks stood out to me when i saw this headline and read through this data from wall street dot com what uniform money sinkholes actually disrupt he goes through wayfarers zillow left we work carve on a tesla air b.n. b. casper sleeves who may and all of them are losing huge amounts of money so much i'll tell you just wayfarer which is this online distributor of furniture right you go there and you buy some furniture and it's supposed to be cheaper well it apparently is so cheap they're giving it away because the thing that makes wayfair unique is that his losses have nearly doubled every year they're rising on an exponential curve from 77000000 dollars in losses in 2015 to $194000000.00 a losses in 2016 to 245000000 and 27002504 1000000 and 2018 nearly 1000000000 in losses and 29 teams i think the insight that you bring to this and it's really interesting how you been able to cobble this all together that the only model that we see that loses money like this as predictably as this would be money laundering money laundering like a mexican drug cartel for example. they would happily lose money in a casino in america because part of something is better than 100 percent of nothing and so losing money is part of the money laundering model as a model a business model and we look at these unicorns these startups and silicon valley like the ones you mentioned we work. way fare goober we were lift they're all losing money exponentially so then you have to ask yourself well maybe the model is to lose money and so who is laundering the money who is laundering the money i think that's the question who is the mexican drug cartel equivalent in the global economy the who is that actor i'm going to say were straight up it's not any of the corporations themselves what i'm saying is that we have the circumstantial evidence of money laundering so where do we you know if if this is going to be tried in a court of law like how do you find out why these businesses are losing money and it's not just us unicorns and silicon valley by the way it's fracking max and i have covered this with such exasperating like why do these investors continue to lose money year after year for 10 years and of course we're the 1st business to basically introduce this model with private equity and private equity are like the capo de capo there that's where tim geithner goes to work that's where ben bernanke us work that's where former presidents go to work is for private equity groups and private equity what they do is they find nice healthy profitable companies with pension funds and huge amount of assets like sears remember sears had all these. 100 something year old company with lots of beautiful buildings worth a lot lots of real estate and they strip all this out swap it for that and lo and behold it falls apart under a big debt load and so my theory is that the larger picture of the money laundering is. the system is a fianna debt based system is that putting in essentially what i'll say is feudalism and laundering and out on the other side comes capitalism which there's a believe this is all capitalism and it's a free and fair market right well let's say you had a group of folks and the objective was to shove all hundreds of billions of the trillions of dollars into their pockets and not just a little bit of money but the g.d.p. equaling size of money like if the g.d.p. is $20.00 trillion and you wanted to dump $56710.00 trillion dollars into the pockets of your friends how could you do that without causing inflation well you have 20 or 30 silicon valley unicorn startups that are burning billions of dollars every day yes but you as the executive of those corporations or as a fund holder or as an intermediary banker are taking a cut so those debt unicorn economy and silicon valley is the feds. a lunny laundering operation to get that money into the hands of the billionaires remember during the pandemic the billionaires made another $250000000000.00 i think it's actually $45450000000000.00 but they didn't cause any inflation wages went down i mean inflation in the sense that the g.d.p. went up in any meaningful way the g.d.p. is actually contract so how did they add $450000000000.00 into billionaires pockets they need a money laundering operation is called fracking is a money laundering operation clearly it always has been and the unicorn's a silicon valley it's a money laundering operation clearly they're not meant they're not they're not there to make money just like when mobsters take over a restaurant and then they launder money through until it goes bust and then they tortured yeah right they get the insurance cash now here the fed runs their billions through these losing corporations and so they go bust like we work and then they torch it and there's going to be a bag holder that we work c.e.o. lost billions and billions of billions because a he was the stupid guy at the poker table he was the chump but he got involved in a money laundering operation he wasn't even aware of it and the result of course is that just like that mob run restaurant eventually goes bust it has to work the american economy is now on the verge of completely going under and now now the torch comes now the just put it all down when you look at a lot of the operations that the mob or cartels run the money laundering operations there's no there there right there it's like it's a fake sushi shop it's it's kind of has a sushi sign and they do do make some sushi if you dare eat it and my point is the new but it's not like done to any profession they don't spend any money on ingredients or something it's meant to be a money losing operation so. that's part of this hollowed out a condom you see why there is no wealth creation here is it's been it's taken over it's all cartel and mean the cartels for example need somebody to produce wealth in order to spend on their products but we are. at the point where it's all just these money losing operations and it's just and i think it's. laundering your concepts your principles your ideas about time the negative interest rates of energy and matter like negative oil prices these are like gaslighting you they're messing with your mind and laundering your ideas about how the world is supposed to operate and look herbalife we covered it it's clearly a money laundering operation there it's a money losing business they've got hedge funds involved and they're going to $650000000.00 junk bonds done they're going to sell to the fed so the fed is acting as the capital cop oh they'll buy the junk from herbalife they'll go i want to go to payday the stock will eventually go out completely to 0 because it's a piece of garbage but as a money laundering operation herbalife is great but as unicorns of silicon valley as money laundering operations there are great the most important stories not individual companies none of those individuals no individual fracking rigger operation or play none of that is interesting in itself what's more important is the big picture of what is the illicit activity what is the thing that is overall like you know what the drug cartel why they're laundering money and so if this entire system of all your businesses of all your industry is losing money almost intentionally that is establishing the primacy of debt but it's also like i said laundering your ideas and concepts so when feudalism happened how it ended was our ideas changed and we realized that the king is not divine he's not divinely appointed heat we are equal the enlightenment came about and you realized wait i'm a sovereign individual i don't have to like abide by you but here we have where they're trying to do the same thing and opposite they they've learned from history these futile people have learned from history so they've added these sort of layers of like it's a game and it's fun and and they're rewarding the people. who like all those unicorn companies you know those guys their billionaire money laundering. not much drug cartels are profitable you know until everyone's dead right yes well exactly but it's not like we're not pointing a finger saying that operation is but the system is itself it's like he says it what wall street says here these companies lose money hand over fist even during the best of times they're designed that way and executives are rewarded that way and investors want it that way they disrupt existing industries by not having to stick to the principle that a business has to be a self-sustaining ok so by not focusing on an individual company let's just say compared to a narco state you have a narco state yes in south america right it's a narco state starts of them. and this system the state is is is constructed of built around narcotics trades here you have a money laundering operation in america it's not a narco state it's a fear printing state equivalent to a narco state so jamie dimon goes to d.c. and goes to jay powers office and goes to the j. ews were going to do i'm going to lose like a $1000000000.00 today you know you give me $3000000000.00 ok if you don't you 'd going to break your legs. and jay pals like oh little. $3000000000.00. then let me go over there and j.p.l. please don't kill me jamie diamond. the money for you it's a narco state american money laundering operation that's going bust they're going to touch it. anyone got marshalls hey we're going to take a break and when we come back much more when roasting coming your way. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see that. every single culture on earth has prohibitions against. at the same time virtually every culture on the earth border wars you enormously if you use killed the right person in one setting it is the most horrendous damaging singing match in the world and in the other setting his little wondrous thing that they will give you more medals for the people who vote through you because of that the people will meet with you because you're good into going that's what i'm saying. seemed wrong. why don't we all just don't call. me. yet to stamp out this thing becomes active. and it gains from an equal betrayal. when so many find themselves worlds apart we choose to look for common ground. and another one of our is going to come way to the. bandicoots will move to see if i. was in the sway got too tall too hard not to think in the dismayed to see who but the more compliant that i was and i don't think it's too much and i think. the only thing that we do is music because everybody fights he says wait. who are. the rules out of this both the studio and the whole believe it at the putting on the. what i think is this is the funds that these will come from. welcome back to the kaiser report on banks as are time now to turn michael kraig or not michael prager is one of the oh gee independent financial journalists we used picket his brain for years and he's only gotten better and better over the years michael welcome back oh thanks max yes great to be on with you guys again and likewise you're 2 are like fine wine over there heck yeah also it's just an introduction that you're a banker turned economic philosopher over there at liberty blitzkrieg dot com is where everyone can find your writing and you crank out a lot of really excellent high end writing and we always turn to it every week for inspiration and ideas now michael kramer while the pandemic may have brought death and economic suffering for sub it is also let the tide out of our collective delusions and we see the ideas that are wearing no sure. like money printing what law is in your opinion have been most exposed so that sure the money printing is one of them but one of the and i haven't written a post about this quite yet but i but i probably will in the future and i haven't even though it's extremely hard and difficult and horrible for a lot of people because people are being abused you know by the government because of the can't a lot of factors as you talk about all the time. but here's the thing i think that while people are fed have been forced at home there's going to be a certain percentage of the population that has just getting a wake up moment and this and they will question you know their lot their lives you know the system all of that stuff is the stuff that you guys did decades ago this is the moment that i had about 12 years ago that changed my life forever i think a lot of people millions tens of millions and surely in this country could have that awakening now when i say that a lot of people come back to me and say well no what are you talking about like have you talked to most people in this in that they're not rich enough they're doing nothing they're playing video games they're buying stocks on robinhood and yes i agree most people of course are going to be in that but but my argument is you need a small percentage right maybe less than 5 percent let's say 3 to 5 percent of americans have an epiphany during this lockdown during this quarantine about their lives and truly make a decision to change that could change the whole country right this idea that the masses in general you know and i know it sounds wrong to say this but it's also true are usually and almost always spectators spectators to real change now really we've all been spectators for decades now while governments and central banks and all of arc's pillage us but i think it's a small percentage of those people that have been pillaged start to wake up the whole world's going to change or think because when for example right when when big queen was released a new big queen was in the works no no one knew it was about to come out and all the sudden one day there is ok and i think a simple. experience is going to happen in a few years i don't think it's going to be clear until a few years but i think maybe around the late you know around 20242025 period you're going to start to see inventions you're going to start seeing new things emerge that you didn't could never expect or think about and i think in this period of quarantine in lockdown right now is that incubation period for a lot of great ideas maybe even novels new writers inventors i really think we're going to have an invention cycle is going to start probably around 2025 and take us into 2030 and maybe the next decade will be a really true you know sort of renaissance and golden age but it's and i think this quarantine lock down will be will be a catalyst for that so i guess what i'm saying is you know my advice to people is to do just that if you can you know to use this moment as a time to truly reflect and choose to take action you know however you can take action because we're not going to vote. it's not going to happen we're not going to vote out and the only strings that we actually have a disgruntled come very clear is to change ourselves and then in the in the however ways we can take revolutionary peaceful action do it and lay out an interesting idea there that is going to have a renaissance fair in this country and around the world people who are locked up suddenly right discover their inner strength and america there's a very strong tradition of self reliance and that if once that is reignite it could bring in a wave of self-reliance people making their own food growing their own food as they do and colorado pay paul suddenly waking up to the fact that everything they need to be happy is within themselves and they don't need to pay and that they don't need to be consuming so much they don't a socratic in that sense i guess that says economic philosophy on the other hand though we live in a whirl of fat money crack. flingers over there at the central bank who want us to be as dependent as possible on their free money giveaways rights as select questionis haddie overcome the fact that where living in fear heroin dealer paradise with jay powell printing trillions and trillions and trying to keep people acquiescent to keep them in a stupor to keep them stupid to keep them dependent on his money printing like all that's been the real problem and so for example when i look back to 2010 to 2020 period. you know a lot of the changes that i thought could happen or the roof bolts that i thought might happen just didn't and i think the reason they didn't is a lot has a lot to do with what you just out you know this what you know what i've called financial feudalism you know where debt is used as a effectively as a weapon against the lower classes but i'm in debt and it's used as often tool by wealthy people you know in the form of leverage straight to leverage bets that the fed is backing you up with debt and you make a fortune in the close it out or through the housing market whatever you got even taishan homes are of blackstone. whereas like poor people don't you that you know they just they just carry you know the debt keeps them from doing things so yes i mean it's a very entrenched system of financial futile and it's systematic and it's and i'm not going to try to pretend that it's easy for you know most people or the certainly the bottom 50 percent this country to just do a lot of what i'm saying it's not it's very difficult people are absolutely trapped this is a modern form of slavery you know you call that need a neo feudalism which was brilliant he said that over a decade ago and i've used it since so i do believe it's up to those who have the resources and belittle right to actually war to system be more independent resilient you know we're the ones that the people that have the ability to act almost have a moral obligation to and i think if enough of those people do. again things will change the wheels will go in motion you know interesting thing is and zuckerberg is not doing it because he's a good guy but you know he was recently talking about you know paying people letting people essentially work with where they are now and you know them work for facebook and just this brings up a concept of what i do see happening and i encourage it very strongly which is physical decentralization of the public great we have too much capital and we have too much talent right like intellectual let's say resources and financial resources in a few cities and i think that plays into what the fed wants so if you are let's say if you have you know talents right and you have capital my suggestion is to to get out of these centralized cities and disperse that talent around the country you know growing up in new york city i was thought it was the center of the world and you couldn't get a good bagel anywhere else can get a good pizza slice they were can get good food you know and i realized you know late in life that there's a big country out there and it's incredible and when i drove across country and i know you guys have done that i fell in love with a lot of random places i hadn't heard and a lot of those places i felt like i could live in you know this kind of someone from new york so i think if people then open mind and they and they try to move elsewhere and they can work right remotely that's a huge huge benefit because the more capital and talent that you have decentralized right localized throughout the country the harder it will be to control the country and so that's that's an example of centralization is a physical decentralization and i encourage i encourage that for our for this country. because there a moment ago you know that because i compared a because it comes out of the hacker community and it comes out of 4 chan to me today they're very good at coming up with me aims and one of the names race to lay that has come out of the because i can marry as printer go burger which shows a direct correlation between jay powell. printing of money in the fed trying to pump up the stock market and then of course 3 main stream media jumped on this and said that's not what's happening at all you know there's a policy here that makes sense but the big point community has sussed out that money printer go burrow they've figured out that the whole thing is a charade and fact bank of america came out with a report this week accusing the fed of engaging in fake marker fake markets that they're the market making that they were doing at the federal reserve was completely fake which is of extraordinary allegation by bank of america to make by the fed however the question is can mean a mis alter consciousness and around the inequality of our system and kind of as a tag to this tagalog this idea it seems like names now and you have a background in banking as i do you know maims of a commodity sized you know maimed a man can a powerful man can can live a 1000000000 dollar market yeah absolutely and it brings up an even bigger point which i talked about before so back in the last crisis when people like you know myself and you too and others right is a smaller group of people that were talking we could have said monday money printer went burbeck then right we didn't we didn't means one thing really that but the key thing is millennial right the midpoint of the middle any old generation like my wife for example back in the last crisis they were like 20 years old 21 years old so they didn't even know i mean they got robbed without knowing it there was no they were too young you know you know just coming out of college or entering college to understand how completely bamboozled their entire jaish generation was be and so why i think it's going to be a little bit different this time is that those those those people who were 20 back then are now sir and there are a lot more where and we have good coin and we have the community and so there's there are a lot more fighters out there there are a lot there's the. the idea of money printing essentially being got government welfare for the wealthiest people in the country is catching on to some degree that it in a way in the mainstream consciousness that he did not 10 years ago so i'm encouraged by that i'm not sure exactly how that's going to play out but clearly to me yes you through the use of means to the use of young people finally realizing how completely shafted they were systematically and it's happening again right right in an even larger scale it's the seeds are planted for some really interesting times ahead and you know i think the key here is to not you know make this ever write a neighbor against neighbor situation which so many people try to do you know demonizing the left or demonizing the right or this is just theater it's you are dividing conquer you know. anyone who's not laser focused on power and power is wielded by a very small number of people this country you're just playing their game it's really stupid so we should be focused on how powerful actually functions coop who is who is who's pulling the strings of that and trying to make our lives. a rebellion against that system michael kroger they can omit philosopher and part time carter thanks for being on kaiser report at any time x. thank you already well that's going to do it for this edition of the kaiser a part with me max kaiser and face there but i think our guest michael kroger you can find him at liberty let's craig his stuff is hot if you want to catch us on twitter as kaiser report likes time off. note no crowd. no shots. faction belts be. going to well. know 1st. points your thirst for action. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation or community. are you going the right way or are you being led. away. what is true what is faith. in a world corrupted you need to descend. to join us in the depths. or a made in the shallows. problem drugs don't always come from unscrupulous dealers but from pharmacies to in every state in the united states we see me very sharp increase in the number of people seeking treatment for addiction to prescription opioids it invaded america under the banner of medicine he persisted with the pain but instead of trying to wean him off though she just goes after dose after dose after dose and really became his drug dealer so who's to blame patients doctors manufacturers or the government. you know with the you know what. i was. trying to votes to or not to security low for hong kong and angry anti beijing protests in the city intensified. scotland will investigate why cat homes have registered nearly hoffa volkova dest in the country we talked to the son of one of those who died in combat. in there and to these homes keep your fortune to extent. this is my house. and it's a limos recruiting its citizens to help the country avoid another outbreak of covert 19 by informing on the.

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