BTC Sessions - Trump Weaponizing Bitcoin & Dollar to Crush European Globalists | Luongo & Bauerle
Episode Date: June 9, 2026Mentor Sessions Ep. 075: The Brutal Truth About Bitcoin in the NEW Dollar System, The Death of the Uniparty, and How Trump Is Rewiring Global Trade | Tom Luongo & Nolan BauerleBitcoin will be a co...llateral asset in the new dollar system — not the immediate replacement for it. Tom Luongo and Nolan Bauerle map out exactly why that order of operations matters, who is fighting it, and what the Iran conflict, Fannie/Freddie, and the Alaska-Russia trade corridor all have to do with Bitcoin's ultimate role.In this conversation you'll learn why Tom Luongo argues Wall Street already has the Bitcoin bug and the energy industry is next — and why that sequence, not retail adoption, is what actually shifts monetary reality. You'll see how Nolan Bauerle connects Bitcoin's "don't trust, verify" ethos directly to election integrity and why Bitcoiners broke so decisively for Trump in 2026. You'll understand the bimetallic framework Tom has been building for two years: America, Russia, China (ARC) as the geostrategic reality, with Bitcoin and gold as the collateral layer underneath a redesigned dollar system. And you'll hear both guests explain why the City of London's 40-year control of the eurodollar market — and its grip on Fannie, Freddie, and long-end yield curves — is the hidden architecture of the war being fought right now.⏱️ Timestamps:0:00 - Intro1:32 - Tom's 30,000 Foot View on Iran3:34 - Rewiring Trade Away from Choke Points5:20 - Iran's Collapse and IRGC Private Equity7:15 - Trump Wins Civil War Inside GOP9:31 - MAGA Civil War Narrative is Fake10:29 - Bitcoin Inside Dollar Framework12:07 - Dollar Dominance with Bitcoin Collateral19:03 - Bimetallism Stablecoins and Sound Money22:12 - Wall Street Bitcoin and Energy Next30:52 - Dollar Liquidity Crisis and SOFR44:22 - Why Bitcoiners Voted for Trump47:15 - Election Integrity and Prediction Markets53:12 - Privacy Property Rights vs CBDC59:49 - Government Audits and Transparency Shift1:05:29 - Fannie Freddie 2008 Theft and London1:13:48 - Summer Dollar Crisis and Trump Moves1:18:20 - Alaska Russia Bridge and ARC Trade1:21:49 - Why Satoshi Used Japanese Pseudonym🔗 Links & Resources:Tom Luongo — Gold Goats & Guns Newsletter: https://patreon.com/goldgoatsngunsTom Luongo on X: https://x.com/TFL1728Nolan Bauerle on X: https://x.com/countbtcNolan Bauerle on Rumble: https://rumble.com/user/Countbtc• Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1📌 Previous Episodes: Jeff Booth & Samson Mow → https://youtu.be/VzTXm18d3oA⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB🔒 Lockdown your Bitcoin with the BEST gear on the market from Coinkite. Get the 5% Off the COLDCARD visit: https://qrco.de/bfiDBV💡BOOK Private Sessions with Nathan, Gary, or Ben at Bitcoin Mentor: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io Follow Us on X:• BTC Sessions: @BTCsessions• Nathan: @theBTCmentor#Bitcoin #BTC #BTCSessions #BitcoinGeopolitics #BitcoinCollateral #DollarSystem #TomLuongo #NolanBauerle #Bimetallism #GeopoliticsAndBitcoin #ElectionIntegrity #BitcoinMacro #TrumpIran #Stablecoins #MonetaryReset #DollarReset #DeathOfTheUniparty #Uniparty #WeaponizedDollar #GlobalTradeRewired #BitcoinDollarSystem #BitcoinInDollarSystem #NewDollarSystem #ARCWorldOrder
Transcript
Discussion (0)
We have a dollar liquidity crisis that's brewing.
World War III is economic and psychological.
What Trump is doing is now setting the stage for dollar dominance
within a framework where Bitcoin will be a collateral asset.
Gold will be a collateral asset.
Trump has won the civil war.
There is no MAGA civil war anymore.
That's completely fake.
Trump can bomb Iran, declare victory and go home tomorrow.
He doesn't care.
The reason that we're there is to rewire global trade away from geographic.
choke points. We're going to move into that world of arc, what I've been saying for two years now,
which is America, Russia, China. Because COVID showed us there's only really two industries
that matter in the world, Wall Street, and the energy industry. They're the only two industries
that matter, and Bitcoin is going to infect those industries. Super Fast team, if you want to help
the podcast continue, share with one person who think we'll enjoy it. All right, so for today,
we have the geopolitical mastermind behind the Gold Goats and Guns newsletter, Tom Luongo,
returning and top Bitcoin strategist Nolan Bowerly. Now, I warn you, these two do not pull
punches. We cover the brutal truth about Bitcoin's role in the new emerging monetary system,
the death of the Uniparty, and we start the conversation by analyzing the Iran conflict and Trump's
empire-ending moves to rewire global trade.
All right, Tom, Nolan, thank you so much for joining me today. Very excited to have this
conversation. We've got a lot of ground to cover. So commodity markets, Bitcoin, the stablecoin story,
and of course all the geopolitical chess moves going on right now. But I wanted to start with the recent
news that the U.S. House just passed the war resolution directing Trump to turn.
terminate the military involvement against Iran. It still has to clear the Senate, but it feels like a
political signpost. So Tom, beginning with you, what's your 30,000 foot view of the Iran conflict
right now? Where are we what's left to accomplish in the region? And how does the House vote change
your calculus, if at all? It doesn't change my calculus at all because it doesn't matter what they do,
because Trump has to veto it. And then they have to go back and get two-thirds or 60. They've got to get
60 votes. So it doesn't matter. It's all just virtue signaling on the part of a recalcitrant
legislature in the United States who's clearly in full-blown opposition mode, which is why Trump
then moved Bill Pulte in as ODNI, which we'll get to in a couple of minutes, because he's,
he's part of the, it's like everything else. It sounds like I'm gish galloping around, but I'm really
not, everything is connected. And because it's, it's how you, you put pressure on people ultimately,
is you have to, when you have, when you have oppositional powers in the domestic politics
face, then you have to break that logjam so that you can then open something else up in the geopolitical
space. So you've got a log jam in quote unquote negotiations over the Iran, the Iran situation.
Trump can bomb Iran, declare victory and go home tomorrow. He doesn't care. So what he's doing
is he's playing this game of, again, as always with Trump, he's always trying to get three, four,
five wins out of the same thing. And it drives people nuts. And it sounds like 40 chess or whatever.
whatever the hell you want to call it.
But it's just reality,
which is that he's got a different and deeper strategy that's in play than what's,
you know,
clearly being pushed at you as the reason we're there.
The reason that we're there is to rewire global trade away from geographic choke points,
be they geographic or production choke points.
So Taiwan, TSMC is being, you know, is being replicated around the world, right?
That's why we bought a stake in Inckel.
That's why, you know, Phoenix is going to be turned into, you know, hot dry Taiwan, blah, blah, blah, blah.
And then the Straits of Hormuz, look, the whole British French game in the Middle East for years has been to keep everybody at each other stros and keep all of the land itself at war, Lebanon, Syria, Israel, Jordan, all of it.
Why?
Because that way you can't run pipelines north out of the Arabian Peninsula into Haifa and out and use the poor.
at Haifa to get around the Strait of Hormuz.
So everything that the British and the French, and the French, by the way, who were also
very much a part of the IRGC story from a money perspective from an old relationship perspective
has been to push global trade and global oil flow into the Strait of Hormuz to make it
more powerful than it should be when the normal reaction to everybody over the guy,
we don't want to deal with these freaking crazy people.
So why don't we develop Alaska?
Why don't we develop, you know, Louisiana?
Why don't we develop, you know, Camtachia Peninsula?
We develop these things.
And of course, the whole geopolitical game board has been about forcing everybody back into
the straits because that was the gambit.
And the gambit was really simple.
Give Iran a bunch of money, Obama, a bunch of money and a bunch of uranium and a bunch of
of centrifuges and a bunch of this and a bunch of that.
And let them build friggin a billion ballistic missiles, point them all at the other Gulf states,
and then build a nuclear weapon, create hermit kingdom of, you know, death cultish shift,
and declare martial law over the world.
That was their plan.
And then decamped city of London to Dubai.
Gone.
Like, it's not that difficult.
That's the way the British operate.
And so now we're, now we're watching Trump blow that up.
So he doesn't care because every day that this goes on, the world reroutes and rewires global oil flow
and global trade away from Hormuz.
and every day we watch the divisions within the Iranian political structure deepen.
Okay?
Hosnetschki and the Iranian president resigned the other day after allowing us a glimpse into what's going on in Iran by opening up some of the Internet traffic.
And obviously we're getting, you know, enough Starlink satellites into Iran and up and running that we can now figure out what's going on.
And we can see that they have no, they're running out of food.
They're running out of, of, of, of basic stuff.
They're literally now at the point of they've already slaughtered all the animals.
And now they don't have any grain.
And now they don't have any meat.
If you don't have any, you know, you didn't have any grain to feed the animals,
so you slaughtered the animals.
It's the same thing that, that, that cattle herdsman did here in the United States,
during COVID, okay?
When we couldn't move anything around, you know,
they started slaughtering cattle herds, heifers,
and because they couldn't, they couldn't, they couldn't,
we couldn't move grain and anything else.
We all went through this and we're still paying for it today.
So the microcosm of the $9 a pound ground beef
in certain parts of the United States or whatever the hell it is,
is it's a metaphor, it's the same, it's the same thing that's going on in Iran,
except there's a run, it's going on a hundred times worse.
And within weeks, we're going to be dealing with a population.
It's like, that's enough.
And, you know, you're, you hit it on the head in the sense that it is, everything is flowing through this Middle East theater, right? Everything is connected China, Europe, the banks, the sanction regimes. But even domestically in America, this was political because, of course, Trump is prosecuting pretty much finishing the war that he began. His original conflict in the entire Trump MAGA movement began in 2015 when he attacked the Uniparty within the Republican Party.
And this weekend, the reason why this war measure thing is going on is because he showed that he will not have to play ball with him anymore.
He went into Texas and took Cornyn's seat away, gave it to Paxton.
And this is those Thune and all these guys that won't give in an appointment, right?
This has never happened before in the history of America where a party runs ostensibly, apparently Trump runs both Congress and the Senate, but he can't get one single appointment.
That's why Bill Pulte has to be acting director.
He will not pass an appointment.
They're already moving to get him to get him stricken from the administration as it is.
You're seeing this system.
You're seeing the Uniparty.
This is the oldest of Trump's wars.
This goes back to McLeod.
This goes back to why is he a hero?
I don't like people who are captured.
And the way the Republicans lit themselves on fire back in 2015.
So you can't say that about a war hero.
You can't call Jeb Bush low energy.
That's not nice. He's a bush. So it goes back. And it's what I always said, even when Trump left us in 2021, and I left the Trump camp on the last day of the Trump administration because no pardons for Ross, no pardon for Assange. That was too much for me personally. I wanted to say what else was in the market. But I said, you'll never get me to not love Trump for what he did to the Republican Party. That was the greatest gift we could have received. Him exposing that the Republican Party and the
Uniparty existed, that red and blue were fake, that there was no Democrat, Republican. It's as
fake as the fights are in the Middle East. It's designed as a fake prison of two ideas, a fake binary
that gets people stuck within this, you know, blue, red dichotomy that isn't real. It's not real.
You have more options than red and blue. You don't have only those two options. And that is what's
tilting right now with the political scene in America. And in fact, Trump has won the civil war.
There is no MAGA civil war anymore. That's completely.
fake. It's a bit of what we were talking about before on camera, a little bit of Russian money coming
into the podcast world. They couldn't stop any of this. The real fight is that the Democrats have
a civil war going on right now and the deep state faction that Obama ran is losing. It's getting
its ass kicked by the Maldonis and the communists. We're seeing the actual red and blue shift
now in America domestically into something that Bitcoins will recognize. It's something more like
communism versus decentralization and sovereignty and the exact plane of battle that we want to be on,
not fake right, left, are you nice, or what does your tweet mean or not, all this fake stuff?
Do you have your thoughts?
Yeah, I know.
We'll get the Bitcoin in a minute.
And the Bitcoiners, they've got a, they, you all have a, I say this as both part of the Bitcoin movement and
standing slightly outside of it.
So I'm going to take my, I'm going to put my, the right foot that's outside the Bitcoin
community.
And, and I'm going to stand on that one for a minute and say, look, you guys have to realize
that Bitcoin has become, it, it's not what you, what we originally, as decentralizers,
as, as libertarians or whatever we want to call ourselves, it ain't that anymore.
And it hasn't been that for a little while.
and it still has the ability to enforce private property,
but it's going to be within a dollar framework.
Okay.
And I've been saying this for a long time,
and I get a lot of shit from Bitcoiners about it.
But read the room and understand that that's where it is.
So let's now get past the first grade ideological fights of,
oh, my God, where the goodies,
because we believe in we're against government and against bad against fiat money and all this
blah blah, blah, blah.
We're like, let's get beyond that.
We're now leveling up into a world where the monetary system is changing.
The way we fund the government is changing.
Everything is changing.
And Bitcoin has a very, very important role to play in that.
And again, certain bitcoins get this.
And I appreciate that they get it.
And they see it as a step.
And I also believe, I also get that.
they see it as a step towards eventual Bitcoin dominance.
Yeah, maybe.
Okay, I'm, you know, the jury is out on that until we get there.
And if it happens before I die and, you know, Bitcoin wins, I'll be like, oh, yeah, I was wrong.
And I'll have no problem saying that.
But until we get there, there are many, many, many, many steps along the way until, and unless we get there,
let's make it abundantly obvious.
Okay, all that's to say the following.
what Trump is doing in a in a geopolitical sense and in a domestic policy sense is he is now
setting the stage for dollar dominance within a framework where Bitcoin will be a collateral
asset gold will be a collateral asset silver may or may not bin salanchi and i slightly disagree
on these things as well again the silver bugs will tell me that I'm a bad a bad person for not
wanting to include silver into all this the bigger is the bigger is
issue is that we're not here to stand on our ideological fee-fis anymore.
This is about winning real, honest-to-god political battles where there are real guns being
pointed at us all the time.
And we're not in a situation where we can just sit back, sack sats, and win.
That's not going to work.
That's no different than argue over semi-colins, have ideological purity, run a trainee
under the be ungovernable banner or the Libertarian Party.
What?
You guys can't get arrested as dog catcher,
and he's running for a dog catcher in East Texas,
and you're going to tell me that you're going to put Thomas Massey in the White House?
Okay, you guys are delusional, and you frighten me terribly, and I'd like to go now.
Okay?
So let's get down to the brass tax of practical politics,
which is where Trump operates.
He has a vision.
That vision includes Bitcoin.
It is not exclusive to Bitcoin.
He understands that it's going to be part of the way he gets out of this old system of debt and taxes and severy and flow control and all of this stuff.
He wants to control the flow.
He wants the America to control the flow.
And he wants Bitcoin to collateralize the new flow system.
Whereas what do the, you know, what does the European Union want?
What is the City of London want?
What do they want?
they want, of course, to continue the old system where we constantly have to rent our life back
from them at pennies on the dollar. That's their model. We're trying to change that model. Bitcoin is
part of the conversation where we get out of that model, but it's not the only thing that gets us there.
And I really do believe that at a certain level, this is why I have been so angry with Bitcoin
Maxis for a long time, that you guys are actually doing or actually carrying water for the bad guys
by being, hey, step A, step Z.
You sound just as crazy as freaking libertarian.
All we got to do is enforce private property and the world will become a great place.
And no one believes it, which is why nobody votes for them, which is why Thomas Massey lost
this freaking primary.
If you look at Massey's primary numbers, they were very obvious.
In a world of 22% voter turnout on primary day, right, Thomas Massey's numbers year over
year were falling from 50,000 to 47,000 to 39,000 votes.
In this one, he got 47,000 votes, but he got 47,000 votes and a 34% voter turnout environment.
Now, in the most expensive house race of all time, okay, so he was able to up his vote totals,
but he still wasn't able to up his vote totals back to 2020 levels or 2020s levels.
But it was the Jews. Come on.
Oh, yeah, but the Jews were on both sides, but the Jews were on both sides.
They didn't want to hear about John Cornyn, their biggest recipient losing getting a pass kicked out.
They don't want to hear about that.
They didn't want to hear that.
They didn't want to hear him going after, you know, forcing.
tells us out of the Senate in North Carolina or you know Bill Cassidy down in Louisiana.
Trump got three senators.
I want to remind everybody, if you don't think Donald Trump is not in charge of what's going
on politically, we haven't seen a president use the bully pulpit of the presidency to get
three senators since FDR.
We had 101 out of 101 House seats.
eight on eight of endorsements for governors the nine on nine with senators.
The perfect run throughout.
Yeah.
And then and Supreme Court just,
and state Supreme Court justices,
state house reps,
state senators,
blah,
blah,
blah.
Like the guy's got 110 than nothing.
Okay.
Like,
it's ridiculous.
And Massey left his constituencies behind.
Okay.
He did.
He left him behind and that's why you lost.
Like no one was going to,
you know,
no one in East.
And again,
America to, you know, to, to, you got to realize that America is a big place.
Europeans are beginning to figure this out, by the way, that there's like 15,
there's like 15 or 20 subcultures within the America.
I don't know if you guys, I've been doing, I've been watching this recently.
There's a whole subculture on YouTube.
Europeans come to America and are surprised at, right?
There's a whole subculture in this.
And I think it's really important that even Americans watch this stuff.
It's then they begin to realize, oh my God.
America's not just the cosmotarians in D.C. and New York and California, America, and everybody
else is just a mouth-breathing moron. Like, got news for you, folks. Those mouth-breathing morons
in the middle of the country are the ones that are your people. Not long after 9-11. I remember
I had a similar framework of, you know, Europe's better at stuff. And I was on the Trans-Aise in Paris
and I saw Trans Am, like a classic Mint 1970s, Trans Am,
roll up the Chancesalise.
And it was one of the first times in my life
where I really was like, wait a minute,
I never really appreciated that car.
I thought Lamborghinis or Porsches were better or something.
When I heard that V8 rolling up the Chansalise,
something deep inside of me was like,
yeah, Vag America, man, Jesus.
Yeah.
You know, when I had the chance to finally buy my,
what you would call my, what you would call,
my midlife crisis car.
Like, you know, and it was, I mean,
really wasn't. I just, I just, I've always
like cars that, you know, I've always like,
you know, performance cars, but
I finally had a chance to buy one. What did I buy?
I bought a freaking, I bought
a yellow Mustang convertible
with a 10, with a, with a six speed
manual. Why? Because Ford makes a great
six speed manual. And, you know,
yeah, did I buy the V8? No, I didn't buy
the V8. I bought the, I bought the
turbochurch four. But it was a great
touring car. It was a cool car. And I
enjoyed it. And, you know, and I'll be honest with that, it's probably still owning it. If I didn't,
at the time, if I didn't live in, you know, on a pockmark dirt road in North Florida, like,
and the car was literally shaking itself apart. I had to get rid of it. Well, you're thinking about
Bitcoin, though, you know, the, the thing, the blind spot, I think that Bitcoiners have
had for a long time. And it's something that I have been touching on on my show every day,
is that they, Bitcoiners seem to imagine that you can go from the, you, you know,
US dollar system straight to Bitcoinization. But the truth is the Federal Reserve did not just come out
of a gold standard. It came out of bimetalism. We had a different system before the Federal Reserve.
And I think in many ways, we're running this thing backwards in order to unwind the dollar.
We're going back to where we came from. That is bimetalism. That is a world where the U.S.
dollar, at the end of World War II, what I saw was everyone was allowed their own Fiat Ponzi.
and it all plugged into the Federal Reserve system.
What Trump is basically saying is all of your Fiat Ponzi's are getting shut down.
They're going to weaponize the U.S.
dollar.
They're going to dollarize Japan.
They're going to dollarize Canada, Venezuela, Argentina, Mexico.
Whoever wants it.
Whoever can't handle their own inflation.
And both through the private markets, tether, and the American banking system.
Yes.
Clarity Act, Genius Act.
All of it.
All of it is designed.
And that's why I don't care.
When people say, oh, the bankers are going to win.
the Clarity Act thing because they're going to stop Americans from getting yield. That's actually
a win for us, okay? Because who cares if Americans aren't getting yield? Foreigners can get
yield. And Americans are going to subsidize the weaponization of dollar demand around the world.
So once you see Warsh lower those interest rates from the Federal Reserve, Canada's going to
have to follow. You're going to have to see the Bank of Canada drop to 2% if America's at one.
But then what ends up happening is the private market, basically the old Hong Kong dollar,
the stable, the original version of the stable coin, because it's collateralized
seniorage, seniorage is the best business that ever existed and the banks have had it for
themselves until this time. This is going to be collateralized private seniorage again,
which has tons of spread, tons of money to be made. And all they're going to have to do at
Coinbase is, say, 10% on USD deposits in Canada. All of the American base can now subsidize
that. And that's what's going to happen. If JP Morgan gets his way, if Jamie Diamond gets his
way, he's going to create the dollarization of the rest of the world. Who cares what's going on in
America? Canadians are going to get 10% on Canadian dollar deposits and 2% on US dollar deposits.
That's the end of that. So when, you know, putting all this together of what bi-metalism looks
like, what it looks like when you've got political money functioning, the way it was always designed.
They're going to get what they asked for. They wanted to be fiat political money. You're going
to get it. Your dollar is becoming food stamps. It's going to become consumption money. It's going to be
what the peso is in Argentina today. They use the peso to buy coffee and Coca-Cola and consume.
You buy things with it. It's political money. It's not, but that's the difference. This is what
the bitcoins who believe that we'd go straight to the Bitcoin standard, if everyone just,
if all the plebs of the world held some Bitcoin and we didn't participate, we would win,
that's not true because COVID showed us. There's only really two industries that matter in
the world. I love the restaurant business, but it doesn't really matter. I love this industry.
the fake laptop jobs, none of it matters.
The two industries that matter in the Fiat world are Wall Street and the energy industry.
They're the only two industries that matter.
And Bitcoin is going to infect those industries.
You win those industries.
You win the SpaceX IPO and you're included in it.
You go get all these energy companies to start keeping Bitcoin in the balance sheet
because they're also Bitcoin miners because they have strategy energy and all these things.
That's what sets the stage for Bitcoin winning the industries that matter.
And if you get that, you shift reality.
And I've been saying since COVID, I don't think this like a bunch of plebs holding Bitcoin is actually going to happen.
I saw how sludge people function during COVID, even the bitcoins.
And from there, I said, all right, if that's the deal, then we've got to just be like a virus in the industries that matter in the world, the industries that actually make the world go around.
We have to infect them so that they want Bitcoin.
And that's what's happening.
Wall Street is obsessed with Bitcoin.
And the volatility is no big deal to them.
they've got the bug.
The energy industry is next.
Once they get the bug in the energy industry,
we're in a purely bi-metallic world
where Bitcoin is being used for savings
and the dollar is being used to consume.
And we're not far from it now.
No.
And it's going to be,
and gold is going to be a part of that conversation.
And to a lesser extent,
silver is going to be a part of that conversation.
And what we're moving towards,
and this is, I think, the important part
is what I've been talking about for a long time,
which is that we're going to,
move to a de-leveraged world where these consumption dollars are still going to be backed by
something that is not leveraged. Okay. We're not talking about the T-bill market being re-hypon
the city of London 100 times into the euro-dollar markets where the where there's no control
over the value, the monetary system where the offshore dollar markets have the ability to
dictate back to the dollar system what the price of the dollar is going to be. The goal is
The goal of London under the LIBOR standard from 84 to 2008, really to 2022, was to get the emission of U.S. dollars down to zero, the cost of emission of new dollars down to zero so that they could pull the yield off of their euro dollar deposits.
And they're the ones who can then determine what the price of that dollar is, who gets them, who doesn't get them, direct the flow of them.
and by also having control over the flow of oil,
which is the mechanism by which all of this dollar flow actually is collateralized and moves,
because without it, there's no global trade, without global trade,
there's no Forex demand.
Without Forex demand, there's no demand for money, blah, blah, blah, blah.
And then you use between that and the Bank of Japan being your,
and to a lesser extent the Swiss National Bank being at the zero bound.
This is the means by which you create carry trades,
which then they can profit up the spread,
use the spread to then, you know,
buy political power around the world
and do whatever they needed to do.
What Trump is, what the stable coin system will do
is lower the leverage ratio.
And it will also, and I really do believe,
you'll listen to the Morse carefully,
it's very clear what he's going to do
and what Bessent wants to do.
And now they're talking about collapsing
the 12 regional banks in the Federal Reserve
and redesigning the Federal Reserve
away from a railroad-based economy of the 19-teens to we don't need 12 reserve banks.
I said this the moment I saw SOPA, I'm like, we don't need a Fed funds rate anymore.
We don't need 12 regional Fed banks anymore.
We don't need the body language reading anymore and the press conferences.
Right.
And all that's it.
What we all, all we need is the Federal Reserve to act as a monetary exon bank for dollars.
That's all it is.
Whereas the domestic markets are going to use domestic.
stable coins to fund domestic production at subsidized rates, similar to what China's been doing
for years, and the offshore dollar rates will be higher. Notice how there's a, it's like a three and a
half percent spread between the offshore dollar rates of sending, of buying Chinese yuan debt
and what Chinese entrepreneurs can lend at. Luke Roman talks about this all the time, but
in my opinion gets it backwards, that this is not going to fuel, that this is, this worked for China
to build out the the the the the build them out but it's going to come back and bite them in the
ass once the United States pulls back on dollar creation or pulls back on dollar leverage and
we're going to shift that we're going to shift that arbitrage to the United States and
Americans are going to get dollars at one two percent the rest of the world is going to get dollars
at three four five percent other people are yes and there are going to be people who are going to be
able to pull a higher yield off of of Canadian dollar savings and whatnot, pumping into the system
that way. That's fine. But what's really important is that at the same time, Trump is pulling
all those dollars that went overseas over the last 50 years, that I was sitting on central bank
balance sheets and sovereign wealth funds and everything else, and he's forcing them back into the
United States' investment to accelerate the process of rebuilding the domestic productive base of the
United States and where we're not a financialized economy, we're an industrial economy
on a percentage basis. That's important. And as far as the Clarity Act and the yield is concerned
for Americans, they're not going to be able to get direct yield as a passbook savings,
passive yield off of the T bill that backs those stable coins. That's what the banks are
arguing for. But if you read the final language very careful,
they will be able to offer incentives for your savings. You will be able to time lock your stake,
your your your stable coin savings. Now that gets us out of zero time money. That's important
because that's what interest is supposed to fucking be, which is you lock your money up for a
certain amount of time in order to forego the use of it, to give it to somebody else to go do
something with.
The old system of paying just paying on savings, okay, is with zero time, you know,
with zero time lockup is the freaking Fiat Ponzi system, okay?
You take that away and you say, okay, look, if you want that, you have to forego your
money for a certain amount of time.
It's like three months, six months.
Basically, all these stable coins are going to become the stable.
coins, the savings, the stable coin savings are going to look like CDs.
Okay, that's what staking is.
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You forgot your money for seven months and for seven months,
CD we'll give you 3%.
We're already seeing the capital war that they're conducting right now.
And that's why you do have a bit of demand destruction for dollars around the world,
which is one of the reasons why Bitcoin has got the trouble right now.
The IPO is space.
I guess part of it.
It's mopping up a lot of liquidity.
A lot of money is going in that.
People are trying to get money to go.
But really Venezuela, Iran, all the financial sanctions.
Yeah, the state of demand for money.
I mean, it's less.
You're seeing it in the super markets.
I did a podcast the other day with a friend of mine by the name of Matt Dines.
I don't know if you know, Matt.
Very well.
Well, I interviewed him.
I don't know.
I interviewed him in Hong Kong last year.
Okay, cool.
So Matt and I did six hours over two podcasts with Tommy Carrigan going over a lot of
this stuff.
And Matt noted on a memorial day how the whole frigging four week two, female in the
market just like collapsed, right?
As there was this massive demand for dollars while the U.S. markets were closed.
And that's a, that's a huge tell.
And then it's just been going on and on and on since then.
I watched the volume on the Sofer Futures Market.
I check it like in December 26 and March 27 and June 27 money to see if there's any spikes in volume on certain days.
Because I know that in the past like Andrew Bailey and Mark Carney have been running operations to attack Sofer in order to, you know, they did discern a tariff tantrum.
was immense what they did during the tariff tantrum last year.
I'm not seeing that right now.
What I'm seeing is just generalized demand for dollars
and they're pushing up the bid on future money
because there's a real worry about dollars at this point.
And then it's obvious in the two-year yield as well
because there's a there's a kink in the U.S. yield curve
right at the two-year mark.
Well, Turkey would have been the extreme example of that, right?
Because they basically just liquidated everything
because they needed dollars now.
Yeah.
Well, City of London needed dollars now.
they also need a gold.
Like, don't kid yourself.
Turkey is a city of London carb out.
They just rated all their, they just rated,
Turkey was just an off,
was this an offshore banking rate for them.
When they start rating BVI or the Caymans or Ireland,
that's when it gets serious.
Canada, that's when it gets serious.
The biggest tell here was,
if you remember when the Ukraine-Russia war started,
and they had no trouble seizing all of Abramovich's yachts
and his houses and everything.
But when they find,
out with the Iranian thing, you know, it was the big story was, what do we do? They have so much
money here. They have a big real estate empire. Oh, it's such a complicated mess. The Russian guy
was straightforward simple. Take it. Get him out of here. Forced him to sell his soccer team.
They forced them to sell Chelsea. They couldn't, well, you can't see someone's house. You can,
you can force someone to sell a sports team, but, you know, someone's got a 50 minutes.
million dollar house and suddenly it's like, oh, what do we do? We can't figure this out. It's so
complicated. It was funny when we were up in Calgary, right? I was sitting there chatting with Matt
that after Cornerstone that night, I was there with, it was me, Matt Dynes, a couple other people,
Sintka Chung, Matt Erich's wife, and we were talking about that. We got, we got onto the subject
of the IRGC and Iran and everything. It was sentienting was asking, you know, sincere geopolitical
questions. She was a good sport. We had a great conversation. Matt just,
term the IRTC as a private equity fund that operate that runs, you know,
it's a city of London private equity fund that runs that operates inside Iran.
There is no, that was the description of it.
I'm like, oh my God, that's absolutely right.
Because then when you go and you look at all the IRC holding companies,
where their money is and everything else,
and then you realize that they were using the UAE as their banking center.
They were, their illicit money, their cash money, the cash that they get,
not their, not everything else.
That all comes through Hezbollah, right?
I was talking with my friend Halsey English in private the other day.
And he's like, mom, dude, don't you understand that Hezbo owns all the strip clubs in New Jersey?
They own all the, you know, they, that's where they make all their money.
Like, Hezbole owns a lot of this stuff.
And the money just flows in.
They've got, they're literally an organized crime syndicate around the world,
funneling money through Hezbollah back to Iran and the IRGC.
The IRGC then uses the money to pay for all the terrorism and everything else.
note, by the way, so just to bring it back full circle to Nathan's original question about where are we with Iran, how about this, folks?
At the beginning of the war, you know, the Duganistas and which would be the everybody in the orbit of Steve Bannon and NN, all those people immediately said, you know, plain, Bibi may Trump go to war on behalf of Israel.
And then Iran, you know, um, um, uh, facilitated this narrative by immediately bombing the crap
out of Israel.
Now that ended once Iran was done, had no missiles to fire anymore, right?
Or didn't have any launchers left.
They have plenty of missiles.
They don't have any launchers left.
Or they have some, right?
After that, they immediately, every time the, the, the negotiations kept moving and
things kept happening, the UAE leaves OPEC, then opens up the pipeline of Fugera.
and blah blah blah blah.
Notice who,
notice how Iran wasn't screaming about Israel anymore.
They were screaming about the UAE.
They were bombing the UAE.
Why?
Because Besant was shutting, was using OFAC to shut down the money flow.
The UAE flipped and gave up all the IRC's bank accounts, froze them all, froze the money, flows the money flow.
And so Iran immediately, the IRGC immediately then starts attacking them.
Same thing, by the way, last week, when,
And it looked like we were, you know, somewhere close to some kind of a deal.
And, you know, we started turning on Hezbollah in Lebanon.
And what happens?
Hezbollah then attacks Israel.
And then it was Hezbollah first attacks Israel.
And then the entire commentary, including all of the MI6 carveouts known as the British, the British media,
both the Daily Mail, the Times, all that stuff.
They were all writing headlines blaming Israel for shutting for destroying the peace talks.
Now, there's a piece of that, of course, because Netanyahu's response was, of course,
over the top because he just wants to wipe these guys out.
And this is so the situation with him and Trump is dicey.
But the reality is that when the IRTC's money is really threatened and a conduit is threatened,
they then attack and then their cover, what's the word I'm looking for?
Their press arm effectively, London, Paris, the European, you know, the American
intelligence services, harsh of the part of the media, be the New York Times, the WAPO,
those guys, axios, and all the rest would all turn around and blame Israel for this
when it was really Hezbollah doing it because the IRGC was really,
they're running out of money.
And so Besson has taken over for Trump
as the guy telling me what the strategy is.
And he's really big gay.
I mean this sincerely.
When I call him Big Gay Patton, I mean it.
And it's hilarious.
He's an interesting character.
No matter what you think about him,
I find him absolutely fascinating.
Like the stories of him fighting apparently in the White House
and the big pink house.
Yeah.
like this dude is a fucking character like i love it yeah that was the other day i was the other day
who's at the senate the the senate hearing somebody said is it true that you you threatened to um
to knock uh to punch bill pulting in the face he's like no i threatened to kick his ass no actually
i told him i would kick his ass like best it doesn't play right he's he's he's is clearly the guy
running the operation here because this is about money it's about money it's about
And flow, it's about oil and everything else.
Because my understanding is the Soros money is not so clear and cut.
There's different factions around the Soros money.
And there's Arabella.
And Besson's association with the Soros money isn't from the one who's married to Abidine,
the inheritor of the social causes.
I can't remember his name all of a sudden.
Right.
But it's it's-
Sweeter?
Alexander.
No, Huma, Aberdeen, is married to Alexander Soros.
That's what I meant.
Right. And, you know, obviously she's his beard because he's gay.
Yeah, yeah, yeah. I've got him. He's a big, yeah, for sure. Yeah. Yeah. So, I mean, but look,
so far, best in it is like Trump. He's like a lot of these guys. Like, they were, they were hotchots. They were, they were bad men when they were younger. And I just, I'm at the, you know, at the point, like, you get to a certain point. And you're like, just because you were bad man when you were 25, because you were a retard when you were 25 or you were at what you were when you were 20.
doesn't mean you're that person at 65.
Like, that's not that Cheryl was wrong, the idea that there's no second acts in American life.
He's full shit.
Like, you know, I'm sorry.
He's full shit.
We love comeback stories.
Well, yeah, exactly.
It's just dumb.
And, like, why not?
Like, I'm, I've gone, I'm on my third act as a human being, right?
So, um, hopefully there'll be a fourth one.
Be careful.
Third acts are, you don't want to be in the third act.
Well, I'm hoping there's a fourth act where I don't have to do this shit anymore and I can,
you know, I can go write bad science fiction and play bad jazz.
But, you know, I'm glad you brought the, even the science fiction part up,
because, you know, you know, the idea that we're in like in a liminal space right now?
Liminal space being like the time between the anxiety that comes, like you go into school
in the summer, that's a liminal space, right?
It's funny that the number one movie right now, whipping Star Wars ass, whipping everyone is called
Backroom, which is really about like, it's the archetype of what we're going through.
It's like a big surprise hit made on very small budget from a meme in 2019.
And, you know, the YouTuber is not Hollywood.
It's kicking their ass.
It's kicking their ass.
We're in this liminal space, you know.
That's why we need you to start writing the shows again.
We need the good stories coming out, right?
Well, I mean, I'm going to be honest, by the way, the mandolinian gurg was a fine little
movie.
I'm going to go see it.
I'm going to see it.
It's worth your time.
I've seen it twice.
It's a good little movie.
And it's John Favro, who's still as base as he ever was.
I mean, dude, seriously.
And it's a, what?
It's a Star Wars movie about fathers and sons.
Like, the world is healing.
Like, dude, it's a Star Wars movie about fathers and sons, you know, about dysfunctional families.
Okay.
What else is new?
The world is healing.
So they've got work to do.
Everybody, you know, every, but look, the story space has been just as big a battle space.
for your mind as the money space, as the political space and everything.
It's all tied together.
I've been on this thing for a long time that, you know, look, if you're evil, if I'm Emperor
Palpatine, that's why I love using Star Wars references, just to remind everybody,
if I remember a Palpatine, and I thought about this many times, or I'm, you know,
Ed Harris in The Truman Show, which is, by the way, you know, literally a crib of Philip K.
Dick's time out of joint, by the way.
FYI.
The,
if I'm
I am going to do everything I can
to take
the generation,
my generation,
that was galvanized
by Star Wars,
by Rocky,
by these great stories,
and told us,
oh, yeah,
by the way, you can beat the empire.
Right?
I would do everything imaginable
to subvert that,
destroy it.
And, and, and, because you know, you know full well that in 2015 to 2025, they're coming into,
we're coming into our power.
Look at Trump's cabinet.
Look who's coming behind him.
It's all going to be, it's all going to be gen X.
Look at what Ron DeSantis is doing in Florida.
Look at the way the world is.
So the way, the way American, um, culture is shifting.
It's shifting in a gen X direction.
And what do you do?
You want to split gen X off and you want to create, you know, you want to, um, you want to
create generational division. Why is Marjorie Taylor-Reen out there screaming about boomers?
Because she was told to and because she was paid to, not because she believes in anything,
because that woman is too stupid for freaking words. But, you know, and so you realize that all of this
is part of the operation, to rob you of your reason, to rob you of your agency and tell you
you don't have any choice.
You just sit back, stack sacks, and chuckle and copacitarian.
I'm telling you, this is going back to all of it.
This is why I was like trying to tell the Bitcoiners three years ago, no dudes.
The fight is here now.
Bitcoin will be a part of that story.
It doesn't necessarily have to be the story.
And we do not have to have the big long-term conversation about how Bitcoin wins.
Notice how, Sava Dina Moose, the author of the Bitcoin standard, gets onto Patrick
Bet David's show.
and they spend 90 minutes talking about Israel.
Dude, there's a fucking tell there.
Yeah.
Because he should be there not talking about this bullshit.
But the same, you know, I believe one of the reasons why we entered the Trump campaign
with such unity in 2024 and displayed a difference with most political worldviews, Democrat,
Republican, why we were able to split so decisively.
It's a very simple framework, and it comes from the 2020 stolen election.
And this is where the frame that Bitcoiners have is so accessible because Don't Trust Verify is a worldview for us.
We didn't sit around and have to wait for stories of Tina Peters and the crack in and what happened in Georgia and the water main breaking.
Once Bitcoins found out that you couldn't audit the election, we realized we didn't have an election.
There's no such thing as an election in America.
We don't have election.
Right.
And if you don't.
And if you don't get it going on, right?
And look at what's going on in California.
Well, that's why I'm bringing this up.
That's exactly why I'm bringing this up.
Because just like with the capital flows right now, just like, you know, we saw in COVID,
just like we saw with Russia, Russia, Russia, Russia, the Leviathan has to come up and breach
the surface and show itself when it's threatened in these ways.
You start seeing the architecture of deceit.
You start seeing exactly how this beast functions.
And when it breaches that surface and you can see it, right?
In the days after the election in 2020, the truth was out there because, you know, for a minute, for example, when the 2020 election happened and it was we didn't know what happened, what's going on, you got to realize for about four days, they were running FTX logos because the only prediction market which existed in the world for the 2020 election was SBF's prediction market on FTC.
No one in America knew what FTC was.
No one had any idea what it was.
It was a non-entity.
I was hired by Cracken to actually monitor them and shatter them and reverse-engineer their products because they were shipping products like this.
I knew already they weren't building crypto products and were trading off spreadsheets because I was like there's no way they can.
It's just not they're not doing this.
It didn't happen.
Right.
Right.
That makes sense.
Yeah.
Yeah.
But for a minute, I was the only person in the world who also knew that when Bill Blair went after Arthur Hayes and arrested him in the Trump administration,
that we had a major problem.
And then Blair turns around.
The next thing he does is say, no, Joe Biden won the election.
And, you know, a bar, man, not Bill, Blah.
No, I just want to make sure that ever.
It's Bill Barr.
Yeah, exactly, Bill Barr.
So Bill Barr goes and does this, right?
And meanwhile, SBF is the largest funder of the Democrats.
The market for the prediction market was only the order book was like a million dollars.
It was nothing.
It was lower than his donation.
And the media was like,
the non-sentimental gamblers. They even believe Trump lost. So right away, you could see the
op in these institutions. You could see how people were being persuaded. But Bitcoiners understood
they didn't need to know about SBF and this and that. You couldn't prove the election.
There was no auditability. That was one of the ways that we broke to Trump in such decisive numbers
because we no longer believed any of it was real. That was a big moment. California is going
be even bigger for that. We're starting to get the upgrade in America that don't trust,
verify is necessary for your operating system. If you're going to have a worldview and someone
out there is telling you you can't audit an election, you're trying to do Ethereum transactions
and call it Bitcoin. It's not going to work. And I know, no, you're, yeah, and that's,
important. It's the psychology of that. And, you know, I live by the, by the, by the adage,
which is similar, which is distrust but verify, right?
Just assume they're lying and then force them to prove to you that they're not lying, right?
And they had never proved to you that they're not lying.
So, you know, what comes out of all this conflict right now, you know, because I don't,
I've never bought what the Bitcoiners say about privacy.
We just don't value it.
We don't care.
I don't, even I make mistakes all the time.
I don't know what I'm doing with this stuff.
I just don't value it.
Now, that's because of, you know, what I value in my subconscious.
And I do believe one day we're going to reprogram people to value privacy.
But you've got to change the money first.
You've got to change what we're afraid of, what we value, our value system.
Then we can get to the privacy question.
We can start to actually get there.
But this idea that we can nag people into privacy, it's not going to work, right?
It's going to work because we now have this upgrade of don't trust, verify.
It's going to evolve us as people.
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One of the, and Nolan has a great point about privacy.
Because early on in the whole thing, remember, I sometimes you see, I'm one of those people that can see the end game really, really clearly.
I can see a lot of these things happening.
First thing, I went all in.
I'm like, yeah, privacy coins are going to matter at some point in the future.
We're going to value these things when we get, you know, when we get to the stack, right?
So that, and so, you know, obviously, you know, we get like Zcash and Minero and all these other ones.
And that's fine.
The point being is that what you're looking at with the new stable coin regime that's coming into place.
is I think why you have to really look at the dollar as to why the dollar is going to win in this
as the, I don't know, we call it whatever you want, call it the unit of the count in all of this,
as opposed to the store value or the meaning of exchange.
It's also going to be the meaning of exchange, but it's going to lose a store value function
and it should because it was never, it was never designed to do that in the first place.
It was never a good idea.
is the following, which is that we're going to have the opportunity here to use the system where there is no privacy,
meaning when you go out into the world and you want to run a business, right?
It's like you need to have, in order to have legal protection, right, for your business,
you're going to have to give up some privacy because you're a public concern.
you're going to have to be able to, you know, you have some privacy,
meaning you have a private company, your share structure can be private,
the ownership can be private, all that stuff.
American law does this and does it really, really well.
And that's part of the reason why American law,
why the U.S. dollar is going to be,
is going to be the medium of choice to drive us to this new system.
But the stable coins are also still going to be private property.
In that you will have a legal recourse if someone tries,
steal them from you, right? In the fully private Bitcoin world, if you, you know, your private
defense is only yours. Now, and don't get me wrong, I'm not saying that that's a bad thing. I'm saying
that you value a certain portion of that with, you sort of value a certain portion of your assets that you
are private about, that no one should know anything about. What's on your treasurer, what's,
you know, how many ounces of gold you've gotten your toilet, got to, got it, got to, got it.
that's your private stash and and your stack of dollar bills or whatever so but at the same time when you
want to move out into the real world you actually have to be able to give up the privacy to get the other
legal protection and you and the united states still has that has that system if you look at and it's
not going away it's actually going to get strengthened and a lower leveraged regime monetary regime
where there's more collateral even though those collateral even though the collateral's T bills it's so a
more collateralized system that's then that's built on top of a strong foundation of
individual rights, property, this, that, and everything else. And that's very important.
What is the European Union looking to do? What is London want? What is that system want?
They want complete and utter central banks, the central banks own the currency. You get to rent it
from them and you own you have no you have no guarantee of property they can just take it from you
because you're a bad person and they can define what a bad person is at any moment of any day and
you have no ability to have any security if you don't have any security you don't have any time
preference your time preference is zero you will engage in nothing but remember the less security
people feel right this is basic bitcoin shit this is basic everyday Austrian
economic shit, if you have less certainty over your future, you will engage in higher time preference
behavior than if you have certainty about what the future is going to look like, and then you
can invest in the longer term projects and have lower time preference. You're going to be willing to
sock your money away into an investment for five years in order to get a return on it or or.
One system is designed to destroy your ability to generate wealth and make, in turn to
you into an ab-reacting
momo monkey on fucking Twitter
and the other one is designed
to turn you into
is incentivizing you to be
a builder of
a society
and a civilization. One is anti-civilizational
one is civilizational
and
and what's
it sounds like I've been
harsh to Bitcoiners in this podcast. I'm not.
You guys have we all have
that that's what we want
The question is the order of operations of how you get there.
What systems you put in place to interface with all that to deal with all of these
fucking people that have different priorities than you and allow them to get to the point
where they get back to that thing.
It's like to get back to that moment where, yeah, all they really want to do was, you know,
it's like Nathan asked me when I first popped in before you showed up, Nolan, he's like,
so how are things going, you know, out in Tennessee?
How are you guys doing?
Like, if you're enjoying life out there, I'm like, yeah, I'm kind of in
joy in life. How's when you know, he asked about my wife and what she's doing and everything else.
Like, yeah, this is what's important. And our goal is to build shit and enjoy a more predictable future.
But in order to do that, we're going to have to go through this, as you put it, Nolan,
the liminal phase of the uncertainty of shifting from one system to the other. And this new system's
not going to be perfect, but it's going to be in the, it's going to be a step in the right
direction or even five steps in the right direction. That's why I do, I agree with you about
the surveillance of the U.S. dollar, because again, when I'm talking about reprogramming our subconscious
so that we value privacy one day, it's because ultimately I do think that while this whole era,
like what you described about Europe, has been about the government spying on us. I think the big change
that's happening here is we're going to reverse the polarity of that. What you see with all of these
audits, what you see with what Bessent is doing, you know, all these things that are happening this
year, Venezuela, Iran. You know, at the end of the year, you do the
these compilations of the story that was the biggest, right? When they see these waves like something
by Charlie Kirk and then, you know, like last year. We're going to see that this year too. It'll be
Venezuela, Iran will last a little longer. But every day, the third story of the day are Bessence
audits. But at the end of the year, because it's going to be the third story all year, and no one's
even talking about Venezuela, barely anyone talks about Iran anymore compared to what it was two months
ago. Even Trump said it's getting kind of boring. You know, Epstein's going to come back,
but even that's going to fall. You know, the number one story of the year at the end of the
year is going to be about these audits. And what that story is really about is about for the
first time ever, we're getting transparency on them. We're going to flip the polarity here
in our legal system even like, prove it like innocent and so proven guilty. That's for people.
That's for me and you and everyone. That's not for the government. No, it's not. They don't get
The government should have zero right to privacy.
None, none.
And so we're going to get that now.
That's why when they want, if they want Fiat to be actual government declaration money,
because Fiat is a government declaration.
If you want to make government declarations money, okay, the final phase of that is we know
everything about you.
Sorry.
If you want to do it that way, we get to know, eventually we'll value our own privacy
because of what we're about to do.
Spencer Pratt's about to make a TV show every day about being mayor.
Do you think that's going to be valuable to people?
People are going to love seeing the mayor go to work and fix a problem and talk to a person.
And it's going to be drama one week and exciting and a failure and a victory.
And it's going to suck everyone in.
That's the future of politics.
The future of politicians is what Trump already brought to the White House.
It is already reality TV.
It's already that.
And it has to be that way.
We have to have cameras all around them.
You know, it didn't work.
In the old era, you know, Nixon thought this would work for him.
He thought in Watergate, which was a coup, which was a fake scam.
When Nixon was out there doing his thing, he thought he could be saved by releasing.
Kennedy had rigged the whole White House to record everything they ever said and ever did, right?
So Nixon said, all right, enough of this Watergate shit.
I'm going to release everything and show the world that I'm innocent.
Now, what we have is this great collection of Nixon just being hilarious, right?
This is where we get all these, the Jews and the gays and the Roman, all these quotes you hear
about next to know for time.
They're all from that release.
And people loved it.
People when it came out loved it.
But of course, the fake news ran an op on it and made it all sound so bad and all that.
He wasn't in a position to control it back then.
And the coup that he failed to survive is the same coup they tried on Trump.
But Trump is able to reverse the polarity here in a way that we've never seen before.
That's why D-Class, all this stuff is going to continue all summer as well.
They've got to basically reanimate the American mind with the truth about what happened, which is reversing this polarity on transparency and looking into the governments.
I want to jump in for just a second, though, quick Dom, if I make.
So, one, wrapping all this together, I do like that.
Like, we had Bissent talking recently about like 500 billion in fraud within the budget.
We also had been talking about the SBR.
You've got MasterCard and Visa talking about stable coin rails as well.
But I wanted to pause on that for a second because I needed to come back to something mentioned earlier and get your take on it, which was the,
acting director Bill Pulte.
Yeah, yeah.
You're, you're, you're, you're anticipating exactly what I was about to say.
Go for it.
And that's why, and that's why Bill Pulte was putting, I, you know, it was funny.
The other day, we, I, we saw the announcement and every, and literally I sent that
announcement to everyone, right?
And the, the universal response is what in the actual fuck?
Right.
Everybody literally, what the fuck?
That's weird.
What the fuck?
I said it.
I'm like, oh, my God.
Oh, my God.
What does this mean?
And I thought about it for a second.
The first thing I landed on, because it was Tuesday morning and I had to do my podcast for Newsmax.
I literally saw it at 930.
And I'm recording at 945.
I'm like, what do I say about this, right?
I never do that, but I had to.
And I said, okay, what it sounds to me is that Trump needed to put somebody he knows is loyal in as ODNI.
It doesn't matter whether he's got anything else.
That's how bad things are because we're looking at a full intelligence service revolt.
and that's been clear for the last couple of months,
or certainly the last 67 weeks,
and, you know, with the fake stories about the CIA rating,
Gabbard's office in Washington and all this.
This shit's been insane, right?
Okay, but that's not the real story, right?
The real story, when I had 24 hours to really think about it,
and some other people, like, put some thoughts on the table,
and I read them on Twitter, and I thought about it,
and I thought about it, oh, no, this is about the guy who is a forensic accountant.
Bill Pulte is a forensic accountant by trade.
So he's been in, so I'm going to, I'm going to throw a story out.
This is the story.
So what does Trump do?
What's Trump?
Trump is the lightning rod.
He says something every day, every day is opposite day in Trump's New America, right?
He says X, the Democrats have, and the intelligence services have to say not X.
Not Y, but not X.
So they're the easiest people in the world to manipulate.
So he's been in complete control for the most part of the weekly,
news cycle.
The cat leader thing.
Yeah, and that's Trump.
And Trump goes out there and he does all this while ticking away in the background,
you've got Russ Vogt over at OMB, fixing the way we actually spend money and the granting
system and all that stuff.
And you've got Pulte over at FHA.
What's he doing?
He's going through all, for the last 18 months, he's been doing nothing but going through
all of the
mortgage data.
Like, who got what, this, that, everything else.
So, and, you know,
Hulte, in the early days of the administration
kept running his mouth about, you know,
the Fannie and Freddie re-list.
And eventually the administration basically told him
to shut the fuck up.
Because, like, dude, we're going to get there.
You need to go back to work
and stop being a lightning ride.
I know you're enthusiastic.
I know you want to fix the country.
Shut up.
and go do your job. And your job is to uncover just how corrupt these people are.
If I'm going to throw something out at you and those chatting with literally like 10 minutes
before me when I was chat with Dexter Whitey called. And I said, oh, by the way, there's a CIA angle
on this in that the money has been flowing through the mortgage fraud. And you're going to tell me
that the CIA is not a, it's not, they aren't masters at creating LLCs to obfuscate what it is
that they're doing and moving money around and everything else and buying houses on FHA loans
for their LLC carbouts to move tax money through and to fund all these operations. I'm like,
that's what that's what's going on. And the and that was Wednesday. I'm like thinking about this.
Oh, okay, so that's probably why they moved Pulte in there. And then and then by Wednesday afternoon.
Yeah. So by Wednesday more sorry, that was Tuesday afternoon by Wednesday morning.
John Thune is out there and they're all screaming how they got to get rid of Pulte. Right.
how he can't become OD&I, how he's not qualified, he's not this, he's not, they're fighting,
they're going to fight him harder than they fought Gabbard, right?
That's your tell.
They know he knows.
But because all of this money has been, you know, there's all of these, the intelligence committees,
the Senate and the House intelligence committees, all these CIA assets that we call Senator Schiff and, you know,
rep this and you know
Senator Kelly and rep Slotkin
and all these people are all just freaking intelligence assets
okay and they're all probably
as guilty as fuck
using
the
using FHA and using
and using the privacy
of the conservators
of Fannie and Freddie
to the black box of this Fannie and Freddie and here's the thing
I've been saying this for two years
now
City of London has done everything imaginable
And I use city of London as a metaphor for the global.
It's called Davos, a high table, I'm going to fuck, City London.
And I'm going to keep saying City of London until you get through your fucking heads that it's City of London.
Now, the place that had been fighting.
The thing that has no sovereign, no king, no government.
Right.
No, nothing.
Right.
So they have been fighting.
Trump, relisting and IPO in Danny and Freddie.
They have done everything imaginable to stop this from happening.
They shut down the government for months in November.
because Trump wanted the IPO back in November.
Why?
If you go back and you really look at the timeline of 2008,
you realize the goal of the 2008 financial crisis
was to install Obama, steal Fannie and Freddie
from the shareholders, put it in a black box,
and then blame it all on Lehman Brothers.
And then they bail out AIG,
they leave Lehman Brothers hang,
and they steal Fannie and Freddie.
And that's the order of the timeline.
Fannie and Freddie go first,
then AIG gets their first bailout, then Lehman Brothers is not bailed out, and then Paulson comes in and bails at AIG again.
Why does AIG matter? Because AIG is literally fucking London got bailed out, and Lehman Brothers got crushed.
And we lost the whole thing, and then the 10 Downing Street candidate, not the Manchurian candidate, the 10 Downing Street candidate, becomes president as John McCain effectively stands aside.
abdicate. Sarah Palin gets treated as a psycho mental case because she's the only one complaining
about it and doesn't really know what's going on. Of course she doesn't know what's going on.
She's Sarah Palin. And I don't say that they're in a day. Yeah, but she's not she wasn't equipped
to be. Right. She was a governor of Alaska. But she knew something was up, right? Right. She knew something was
wrong. And so when you start to really, and why would they, why would they care about this so much?
Again, go back to what I said at the beginning of the podcast. The.
goal here was to get the Fed down to the zero bound, and we lose. So a couple of basic things
here, folks. The Fed fund rate controls the short end of the U.S. yield curve. It controls the
T-bill market by buying and selling and doing open market operations to control the T-ball market.
That is how they enforce the Fed funds rate. The long end of the yield curve is controlled by
the mortgage industry.
used to be LIBOR, but that got changed in that 08 time.
But again, no, but it's more important, understand that Fannie and Freddie,
by buying and selling and making a market in mortgage-backed securities,
were able to control the long end of the yield curve.
So London, after 2008, had full control of both ends of our yield curve.
We were completely betrayed.
What changed that?
Sofer changes that by putting the short end of the yield curve
back under the control of American money markets,
American demand for money without needing the Federal Reserve.
The Federal Reserve, and that takes its cues from Sofer now,
as opposed to the other way around.
But they're fighting the long end of the yield curve.
Because where do foreign central banks park most of their,
when they buy treasuries, they don't buy,
especially the Bank of England, especially the Caymans,
especially Canada.
You can see it all the time.
They're constantly attacking the 10 and the 30.
And those are thinner, well, the 10,
isn't a thin market, but the 30 is.
And after a while, it became really obvious to me
that whenever they really wanted to make a,
write a headline about the health of the American bond markets
and the American economy, they would bomb the 30-year yield.
Okay?
And they'd buy 30s, or they'd sell 30s and buy twos,
flatten the yield curve, creative kink, play these freaking games.
You can see it in the tick report,
since Mark Carney took over Canada.
Okay.
You can see it.
It's everywhere.
And, you know, and you can see it in the bond spreads.
You can see it in all this shit.
And I'm like, I've been watching it going, oh, watch.
They're going to move the 30.
Okay, so we're going to move the 30 year today.
And then we're going to get the financial times.
Investing up.
Bloomberg, all of them to write all of these stupid fucking articles
about how the United States can't solve its debt problem.
Then we'll send our, then we'll send our useful idiots out in the financial press
who are our outsized.
and the financial press, and we'll have them, you know, and we'll give them, and we'll give them
an expanded audience. We'll put Luke Groman on Tucker Carlson. And that's why I've been saying,
you know, I've been saying from basically, you know, from when I became a bitcoiner and started
to realize we were in the middle of a third world war. And that World War III is economic and
psychological. And these are the two, there might be some hot war things like the, the Iranians are
experiencing and the Iranians are experiencing, but it's not the nature of this war. The nature of
this war and when we peel back the layers of sediment, we will go back to the 08 financial crisis.
We will see that from that day on, we were engaged in World War III. It was economic. If you don't
understand the economic flows, and if you don't understand that those economic flows are actually
all about aligning the messaging and the narrative and all of that stuff, which is why when I saw
Bill Bulte, to bring it back to Bill Bulte, I was excited. Bill Pulte has been giving away Bitcoin.
for charity just for fun things for almost 10 years now.
He's been, he became the Bitcoin faucet.
Yeah, yeah, yeah, yeah.
I did not know that.
Oh, yeah, yeah, yeah, Bill Pulte.
So when I saw him, I said, oh, the standard now is that only people I've booked as
Bitcoin conference speakers get to be BNI because I had Tulsi Gabbard way before she was
in the Bulte game and he was there.
Yeah, Bill Bulte, I mean, it wasn't always Bitcoin, but what he would do is regularly
because he's so, he's born rich too, don't forget, right?
He's not just rich.
His dad built every home in Ohio and all this.
He inherited a tremendous real estate fortune personally.
And so while he has his own skills, he's very open about being born rich and gave away money.
He would always do a thing before he was in cabinet.
The reason I booked him as a speaker, he wasn't in the Trump administration when I booked him.
I booked him as a speaker because he would every day put up a thing, you know, anyone has a sad story.
Anyone who needs a car, I want to buy a car today.
And so people would write, oh, I, you know, my kid and this and that.
And he just give you right in the DMs.
And he was using Bitcoin all the time because he didn't have to think about it after.
He just sent you Bitcoin and say, have fun, right?
You didn't have to get the banking and this and that.
Sometimes he explicitly gave away Bitcoin.
Now, I don't know about we're 20, 26.
So maybe 2017, maybe nine years he started doing the Bitcoin giveaways.
I don't know if it's, I didn't know about him in 2016, but I learned about him in
20s.
He's big Scott Adams was a big fan of his.
And I was a regular Scott Adams reader.
So I became a Bill Pulte guy and.
delighted to find out he was a bitcoiner in the early days. That's why I was so enthusiastic about
him. So now you've got a bitcoiner and we're talking about optimism because it is a psychological
war. Looking at all these demoralization campaign, you know, I call him, you know, Professor Zhang,
I call him Fui-Ego guy, right? Get your free e-gwos today. I got where are the servers?
We got free egg-wows on sale today. Because Tucker Carlson, Nick Fuentes, all of them. This is why
Bitcoin is valuable in this environment, it can actually help you through the fog of war that we're all in.
I saw Bill Pulte, Bitcoin are running a Bitcoin faucet. You're in national security. I don't give a,
I don't care what they say about you. I'm on your side. I don't give a shit. They can say whatever I want.
Yeah, I knew that. Yeah, I knew that about Pulte as well. And I'm like, yeah, the guy was the guy's just,
you know, he's just a decent guy. And that's it. And again, would he be the perfect guy for
OD and I if he's a guy who has no political
he's got enough money that doesn't need
money money money's not money like same thing
Obeson doesn't need money he's there to do a job
and you know and he's not there to feather his nest
is there therefore and that's why they hate them right
that's why they're hated so so so it's early
because they can't be controlled with you know hookers blow money or
yeah he's a real family guy I don't know what I don't know
I don't know I don't know I don't know from Tom from anyone
right right but I've followed
followed him. So far, so good. Doesn't look corruptible in the honeypot blackmailocracy
that we live in. He's resistant to that, just as Trump was, just as Bessent is. I mean, what are
they going to say about Bessent? That, you know what I mean? Like, sure, he's not a good time in
his life. Dude, dude lives in a pink fucking gap. I love the chin. And, and, and, and he says, you know,
I'm not gay. Don't tell, don't, just because I love him, don't start accusing me.
Yeah, yeah. I'm allowed to love Scott Bessent.
He's unbelievably entertaining.
All right.
So, gentlemen, just so we have something to leave the audience with for both you, Tom,
what should people be on the lookout in just the medium term here?
What's kind of your view moving forward that you know that they're proceeding with the plan as planned?
We have a dollar liquidity crisis that's brewing.
And it's right here right now.
And, you know, Bitcoin's on sale.
Gold's on sale.
Silver's on sale.
Oil's not quite on sale yet.
As a matter of fact, I think oil is probably, yeah, I think oil is going to probably relax back into the high 70s, low 80s.
I think that's where it needs to be.
You just, you know, you've created a more complicated flow pattern, right, in terms of shipping and getting oil to market.
And, you know, it's going to take years to develop Alaska into two million barrels a day or whatever.
They're going to, it's going to take time.
So, but that's fine.
Like, Trump has gotten the pledges from Takashi and Japan.
Xi and China and others.
You know, he's telling people,
stop talking about Taiwan,
stop talking about,
like we're fixing all of this stuff.
And what people should really be looking at is Trump's strategy
is to do away with all of these artificial choke points
that are where you can,
that's where someone can set up a toll booth,
set up a narrative, create a conflict, and start a war.
And war does not have to be troops moving,
Now, war, as Nolan put it, it's war.
And financial war is just war by other means.
Politics is just war by other means.
So watch it from that perspective.
Through the summer, and I think as we get into the fall,
Trump is setting up a convention in September.
Not a rally, a convention.
Now, you ask yourself, what's the difference?
The difference is delegates to a convention.
So what are we talking about?
I think in the next 30 to 60, you know, again, everybody's playing an extended pretend game.
So trying to, like, what are they trying to do in Davos?
They're trying to wait Trump out.
That's all they can do, right?
The French are trying to push that a big thing.
Yeah, the French are trying to restart the Russian-Ukorean War by attacking, say, Petersburg, through NATO territory.
like it's clear they are not going to stop okay it's a bad it this is not an easy they're not going to go
gently here it's going to be difficult um thankfully Putin still has political power still has enough
temperance understands i think he and trump and g all have a plan and it's going to be very very
difficult to navigate it but if you assume that these men are all on the same path
which is destroy the globalists in from Europe and then we'll work out our our differences
amongst ourselves after that's over that's going to be the story hell that's going to be the story
that's four to six years and in the and in the meantime we're going to have to suffer through all of
this these stupid libertarian siops about marjorie taylor green Tucker carlson and all these other
bullshit none of it matters it's just it's just stuff to play with on Twitter and and yeah
I'm at the same vein.
I think you're going to see Trump pivot in two ways.
I don't even know if it's a pivot.
It's just a continuation.
You're going to see him continue with the K-Fabe.
He's got to keep getting people.
They're going to see more Epstein stuff because if Trump isn't the target of Epstein, nobody cares.
So you're going to see him, you know, take the energy of that again.
He's going to start absorbing, you know, frameworks around that.
I think we're going to get a summer of declassification and 9-11 stuff.
I think that's where that tranche was kept out for a reason.
I think it's going to come back because you can't, you can't shove all.
It's too much, right?
It's just too much.
People have been too brainwashed on the three act play on all of these frameworks.
So you're going to continue to see that.
And then again, the arguments aren't going to be made rhetorically.
They're going to be made physically.
And Trump is going to move to this golden age type framework.
And he's going to pick up where the golden age ended last time, which is declass all the way
back to JFK and the JFK plan, and I think this is an off sort of script, you know, not a common
prediction, but I think you're going to see Trump and Putin announce, like you already heard
Trump's root for peace or whatever he's calling it now. He's always got a brand at Trump. So it's
basically a physical Silk Road again. The pipelines that you heard, um, refer to the, you know,
going through Israel and binding up the Abraham Accords areas. But more importantly,
of a choke point, you're going to have a physical bridge and a physical connection from Alaska
to Russia, or a plan at least. They're not going to actually build us. Wow. But you're going to
see that. That's absolutely on the table. Absolutely. And more importantly, you're going to hear Trump say
something like, we're so busy making money with the oil. We have so much oil. We have so much energy.
We're building nuclear. We're so busy in Venezuela. We're actually, and the Russians are already good at it.
And they used to own Alaska. Didn't you know that?
We're going to let them come and extract the oil and create a market for it and come and use their expertise and sell it to the Chinese.
So you're going to get a deal weirdly where, and this is exactly what Trump said, that the route was going to go from the Middle East to America.
He's already telegraphing it.
The route is going to go to America from the Middle East.
You're going to be able to RV in Siberia, okay?
No, it's going to be fun.
And the last piece of that puzzle is Japan.
Because Japan is the major energy importer and the pivot point.
And they're going to get their breaks.
And they're going to, you know, and you break.
And remember, the normalization of monetary policy in Japan is a story that I've been on since the day Corota said he was stepping down or started moving the, started widening the band on yield care control for the tenure.
So this is like four years in the making.
That is the big story.
because at some point, Takeishi is going to be able to, is going to be able to sit down with Putin and finally draft a, an end of World War II so that Japan and Russia can now finally, you know, do investment deals with each other.
The Russians have been building out their eastern flow of oil to Camtacca.
I've talked about this before.
They were already, I don't know that there's any plans on the books for a further expansion of the ESPO pipeline.
But it's currently up to 1.6, 7 million barrels a day.
There's more, there's more, there's more gas out there to, you know, the Sokolene, one and two.
All of this stuff is out there.
And Japan wants it all.
And the Chinese need it.
And India can get their oil and gas.
And this is how he's going to split oil off in the city of London, is going to move that oil and gas flow away from the Middle East.
And India is not going to be dependent upon that.
he's going to effectively open it up and go, look, you can buy it from, you can buy it from the
far east. And, you know, and that changes, and that changes everything. And so we're going to move
into that world of arc, what I've been saying for two years now, which is America, Russia,
China as a, as a geostrategic reality. And we're going to leave, then we're just going to let the
Europeans wall themselves off into their own jargon harper. We're not going to have to wall off
Europe and making it into a John Carpenter movie, Europe is doing it to themselves.
And by the way, we got Zach Snyder remaking. He's doing it. If any, I mean, they've been talking about wanting to remake Escape to New York for 30 years, right?
Finally, I think we have the right, you know, I'm like, he's the only guy I would ever, ever, ever. And, you know, even going back to what you were saying about Japan and it being the lynchpin and all of this, ultimately, that's why Satoshi Nakamoto chose a Japanese student.
him to release Bitcoin because, but for real, it's not a joke. Japan sits at this. If he didn't release
it, right, the globalists would have had their way in that what happened in 08 was China was
was supposed to take the baton and they were supposed to become the new reserve currency and
replace America. Now, this was all stuff we found about, found out about the plan, if you will,
when the Soviet Union, the Russians who came out of the Soviet Union knew all about China replacing America
because this was all in their propaganda.
It was all in their declassification.
That was the plan.
And so when they made that choice for Japan,
when Japan made that choice,
or sorry, when Satoshi Nakamoto made the choice
to have the Japanese pseudonym,
it's because the truth was that was baked in.
And Bitcoin being released meant there was a new option,
which is no country gets it.
No one gets it.
It's a separation of money in state
and we go into a new framework.
And that's what's coming.
I love it.
Gentlemen, Tom, where did it came everybody go to follow you?
As always, you can follow me on Twitter, TFL 1728.
The worst version of me will show up nearly every day.
And then, of course, Patreon slash Goldvich and Guns where you can, you know, do, you can sign up for the newsletter and, you know, support the work that we do because that's how we make our bonds.
So.
Number one.
So, Nolan, where everybody can find your fun links.
You can find me at Count BTC on X.
And I am regularly in the mornings between 9 and 11 a.m. Eastern time on Roxham TV.
We do the Great Awakening morning show where we look at all the sci ops.
and look at what's going on,
and we try to follow the money more interestingly
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