Figuring out that the problem is not about the means of production the problem is the money printers and theyre taking action stacey yes protesters around the world are putting their hopes and to crypto currency were seeing albo the global insurrection against banks their occupation i think we also have to kind of elaborating its like a global insurrection against paper printer occupation or paper printer theft you know p. P. T. Theres something going on crypto currency is have always had staying power due to institutional and Retail Investors as well as traction as a digital means of exchange yet its on sensible nature and the potential of having relatively private transactions as well as an alternative to fiacha currencies has lent itself well in theory to protest movements that are threatened by the use of state force so wherever you see insurrection or uprisings around the world and weve covered that recently with the black ice matter protests we see all the signs promoting between
Completely even though their transactions are being censored i. E. Theyre not able to withdraw certain amounts of money beyond a certain amount of money but theyre theyre trying theyre to get dollars we also see that venezuela where the dollar is the preferred medium or right so occupy wall street back in that 2008 period that was even before pick wine was on the same but there was this idea that you know what maybe we need to go after wall street maybe thats the source of our problems so that was the beginning of the transition from a socialist mentality to an anti feel money mentality and now we have the global insurrection against banker occupation as people begin to understand that the way forward in terms of. Achieving some equality and justice and we saw this in another campaign called defund the police right so its idea of defunding right so occupy wall street the funding so activists are starting to figure out like maybe. Its the money maybe its the money right so now what were
Players thinks. We dare to ask. Oh i am max kaiser this is the kaiser report how about a quick History Lesson in economics you know people talk about socialism what is socialism theres a side here that labor has value and that people want to take part in the means of productions and guess what starting in the 1980 s. That became obsolete because all wealth was tied to money printing today 2020 so that would be 40 years later then this phenomenon 1st to colp activists and labor rights activists and workers are are bigger now that the problem is not about the means of production the problem is the money printers and theyre taking action stacey yes protesters around the world are putting their hopes and to crypto currency were seeing g. Abo the global insurrection against banks their occupation i think we also have to kind of elaborating its like a global insurrection against paper printer occupation paper printer theft you know p. P. T. Theres something going on crypto currency is have a
Is not about the means of production the problem is the money printers and theyre taking action stacey yes protestors around the world are putting their hopes and to crypto currency were seeing the global insurrection against banks their occupation i think we also have to kind of elaborating its like a global insurrection against paper printer occupation or paper printer theft you know p. P. T. Theres something going on crypto currency is have always had staying power due to institutional Retail Investors as well as its traction as a digital means of exchange yet its on sensible nature and the potential of having relatively private transactions as well as an alternative to fiacha currencies has lent itself well in theory to protest movements that are threatened by the use of state force so wherever you see insurrection or uprisings around the world and weve covered that recently with the black ice matter protests we see all the signs promoting between a black america or big point solve
And businesses, it is blamed for 16 deaths in puerto rico. Killedt 22 people were and Dozens Injured after a stampede on a crowded pedestrian railwayonnecting to stations in mumbai. Police are investigating what caused the stampede which led some commuters to leap over the railing. Others were crushed or phil and were trampled. European commissioner john klug junker saidde [inaudible] global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Julie live from bloomberg headquarters in new york. We are 30 minutes from the close of trading. Is what youstion miss . Breaking news moments ago. President trump says he will in twofed chair decision to three weeks this after reports he met with Jerome Powell and kevin marsh. The rest of europe will be watching how he independent vote shakes out. The world could have a new fed chair nominee in two to three President Trump has been interviewing candidates inclu