BTC Sessions - Trump’s Actions Never Made Sense - Until Now | Lepard & Dixon

Episode Date: April 10, 2026

Mentor Sessions Ep. 062: CIA’s Deep State Ultimatum, the Next 7–10 Trillion Dollar Print, and Who Really Controls Trump | Lawrence Lepard & Simon DixonShadow forces. Transnational capital. A financial system designed to keep you dependent. And Bitcoin sitting at the center of the most important power struggle of our time.In this conversation, we go deep on the geopolitical and financial forces reshaping the world in 2026 — who controls them, how they operate, and why Bitcoin and AI are forcing a reckoning that the old guard cannot stop. You'll come away with a clearer picture of how global power actually flows, why the legacy financial system is structurally compromised, and what the rise of decentralized money means for ordinary people caught in the crossfire. This isn't speculation — it's a framework for understanding what's happening right now and why it matters to every person holding bitcoin.⏱️ Timestamps:0:00 - Intro: Shadow forces and hidden control3:45 - How transnational capital operates outside governments9:20 - The architecture of the modern financial system15:10 - Why nation-states are losing power to private networks21:30 - The role of AI in accelerating the power shift28:00 - Bitcoin as a neutral, apolitical monetary network34:15 - How shadow forces view Bitcoin as a threat40:50 - The coming global reset — timeline and triggers47:20 - Gold vs. Bitcoin in the new monetary order53:40 - What individuals can do to protect themselves now59:10 - Final thoughts and where to follow the guest🔗 Links & Resources:Simon Dixon: https://x.com/SimonDixonTwittLawrence Lepard: https://x.com/LawrenceLepardBitcoin Survival Workshop: https://btcmentor.io/bitcoin-survival-workshop-2026/Simon's Links:From 9/11 to the White House: When the Ex-Al-Qaeda Boss Becomes Syria’s President and Dines with Trumphttps://www.simondixon.com/blog/al-qaeda-boss-white-house-911-truthIs Trump Blackmailed by Epstein? https://www.simondixon.com/blog/trump-epstein-kushner-blackmailHow Israel Stole the Bomb and Murdered a President: Uncovering the NUMEC Conspiracyhttps://www.simondixon.com/blog/numec-israel-atomic-bomb-jfkHow The CIA Created This War with Iran For British Petroleumhttps://www.simondixon.com/blog/cia-war-iran-british-petroleum-simon-dixon📌 Previous Episode: Lyn Alden & Luke Gromen → https://youtu.be/6tkKoMEiFDk⚡ 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• Gary: @GaryLeeNYC#Bitcoin #BTC #BTCSessions #Geopolitics #FinancialSystem #GlobalReset #BitcoinEducation #ShadowForces #ArtificialIntelligence #BitcoinPodcast #MonetaryPolicy #HardMoney #trump #iranconflict #iranwar

There are shadow forces in the world that, you know, control things and do things that, you know, the actors on the stage are really sometimes just reading a script. If you think Trump works for the American people, nothing he's doing makes sense. I'm not really sure the U.S. President is a sovereign entity. You're going to do exactly what we tell you to do. Or if you don't, recall what we did to Kennedy. There is one country that is sovereign, which is the country where no corporation is bigger than their government. I believe with very high certainty is that at some point they have to do another print. 3 trillion plus in the first one, 5 trillion plus in the second one.

So this one's probably going to be 7, 8, 9, 10 trillion. Bitcoin fixes this. My fear is Bitcoin doesn't fix it. Today I'm joined by fund manager and author of the big print Lawrence LaPard and geopolitical expert Simon Dixon to discuss the CIA's deep state control both now and reaching back decades, the next $10 trillion massive money printing cycle, and how BlackRock and transnational capital secretly control both politics and finance. I am amazing with the BBC mentor.

Let's get into it. All right. Good morning, gentlemen. Thank you so much for sitting down with me. There's a lot to talk about today. It seems like things are maybe getting a little bit worse out there. Simon, I do want to get your latest updates on what you're seeing in the Iran conflict. Before we get there, Larry, for those that might not be aware, you are perhaps a little bit,

maybe a couple of years older than me. And I'm curious what you're seeing out there, what your read on the situation is, and if it resembles anything in history that you've seen before? It's got a little bit of everything, right? I mean, it's a little bit Cuban missile crisis-like. I was only six years old at the time. You know, it's got some 9-11 elements to it and et cetera. You know, I think we're going to talk about all this.

But I think one of the most interesting things is kind of the question of who's pulling the strings here and who's really calling the shots. And I know, I think Simon would agree with me. And I've watched a lot of his videos, have a lot of respect for the geopolitical analysis he's done. You know, I know that we know that there are shadow forces in the world that, you know, control things and do things. that, you know, the actors on the stage are really sometimes just reading a script. And, you know, if you go back and start with, I mean, I think the most notable one in my lifetime, I was young, but I remember very well, was the murder of Kennedy by the CIA. And then, of course, you know, more and more events since then have kind of proven that, you know,

I'm not really sure the U.S. president is a sovereign entity. I mean, I think he's kind of put there and has to do what he has to do. it. I'll relate a story. You both were younger when this occurred, but I just remember it like it was yesterday because I thought it was very interesting. If you recall, Barack Obama beat Hillary Clinton in the primaries because he was a peace candidate. You know, he talked about shutting down Guantanamo. He talked about, you know, ending all wars. He talked about not using drones. I mean, all of it. He was he was a peaceful guy, and he ran on that. And that's why he won. That's why he beat her. And of course, then we know what happened.

He got into office and he reversed all those policies. And I think, you know, what I think happened is, you know, you get elected as he was. And, you know, somebody from the CIA or the military industrial complex comes and has a nice little talk with you and explains how it's really going to be. It says, yeah, okay, the campaign's over now. You've got the position. And here's how it's really going to work. You know, you're going to do exactly what we tell you to do. You know, you can put it in nicer language, do it anyway you like.

but you know and if you do it's all going to work out and you're going to have a 16 million dollar house on Martha's vineyard and you know write a hundred million dollar memoir um or if you don't you know you can go the other direction and you know you're going to you know recall what we did to kennedy so you know you think about it and you choose one which which direction do you want to go and i don't think that model has necessarily changed i think we're kind of seeing it play out real time uh today and so um but i'm but i'm very curious to get simon's take on who we think is pulling Trump strings and what the next moves are likely to be because it's goddamn hard. And I have to say, I mean, right now I'm feeling pretty, you know, good and confident,

and I did my workout this morning and so on and so forth. You know, but I mean, to the average person, I mean, you know, seeing the president of your country wake up and tweet that, you know, he's going to wipe another country off the map using nuclear weapons. I mean, that's disturbing. It's disturbing, it's inappropriate, it's scary, it's fear mongering, and you know, I get it. This guy likes attention and this will definitely get him attention, but, you know, my reaction is, you know, shut the fuck up and stop it. You know, it's just, it's completely irresponsible and you're creating fear that doesn't need to be created. It's not good for humankind. So, I guess I'll leave that as my introductory statement.

That's a damn good one. So Simon, who are the actors in this play and what's your latest take on the current situation, my friend. Yeah, just a few comments on what you've said. You know, I've been blessed because Bitcoin kind of put me in a position where I was able to retire early and, you know, I invested in a lot of companies. And I kind of decided to unwind all that and just really dig deep into the geopolitical sphere. And it's what got me into Bitcoin in the first place because I knew the banking was an

absolute fraudulent Ponzi scheme. And that's what, you know, helped me find Bitcoin. But it wasn't until I would manage to sell my business to Coinbase and just really disconnect from all ties, that I was able to reflect back upon, you know, my investment banking career and how we used to turn companies into structured products, how we used to laden them with debt as a tool for leverage, and just how you would construct what I call financial weapons and mass destruction and just the complete cycle of a business from Silicon Valley to go in public and everything in between. So I was really able to put some time in to model that.

At the same time, I was willing to go down conspiracies and really try and figure out what were behind them. And it's interesting you start at JFK because I think it's a really interesting starting point. I think, you know, you've got to look at the Bank of England to the Fed to really understand like the history, World War I, World War II. But if we really want to tie it into the situation we are at today, it was that regime change from JFK to Lyndon v. Johnson that really accelerated much of the trends that we're

witnessing right now. So JFK was a big critic of the military industrial complex. He was a big critic of what is now APAC, the Israeli lobby, and he wanted them to register as a foreign agent. And if you look at the mobs that were involved in the formation of the CIA, it kind of had a partnership between the post-World War II Hitler regime, as well as the Jewish mob and the Italian mafia. And they really came together and they were a part of what became the CIA.

And later this evolved to the quote unquote deep state, really. And you can look through and you can realize that probably 10% of the CIA is about national security. 90% is the profiting from war, building back in order to extract resources, and then building the technology that we're kind of at today for like these police and surveillance date type of things. And I'd say 90% of what the CIA has always done has been for large corporate interests. And their job is effectively to burden the people with as much debt as possible,

bankrupt the government, burdened people with as much debt as possible, use corporate debt as a leverage mechanism to create these ginormous multinational corporations and then take it to the end of a debt cycle and then use the military, the financial weapons and the technology weapons to kind of go through this cycle. Now, all of it was involved in JFK because obviously there was the missile threat, the Cuban side. Right now there is a terrorist attack on Cuba weaponizing energy. Their hospitals are offline and they're not able to receive energy. that is a civilian attack.

People aren't able to travel. They are ill right now. It is an absolute humanitarian crisis in Cuba. They're relying upon biofuels and they were cut off their energy because they relied upon Venezuela, who was able to circumvent sanctions because they partnered with China, Russia and Iran that had the leverage to be able to build alternative routes for getting energy. to these sanctioned jurisdictions. So we had the Cuban Missile Crisis. We had the Israeli connection.

We had the regime change because effectively, let's call it the Mafia, the CIA, Mossad, MI6 at the time, they regime changed JFK, and that led to the stealing of the highly enriched uranium that led to Israel having an illegal nuclear weapon. And that was all as a result of these trafficking routes that happened to the organizations that are now known as the ADL and APAC and all that stuff. So really the narrative around financial weapons of mass destruction came around that whole JFK assassination. We then had the 67, six-day war. We had the Vietnamese war that led to the bankruptcy of America. which effectively led to the debt default,

where they said no one can convert their dollars to gold anymore. And that led to the 1973 Juncker War with Israel, which led to the basically Nixon took America off the gold standard. The Vietnam War bankrupted America as well. And then in the 73 War, what happened? Well, King Faisal of Saudi Arabia actually did an oil embargo that led to the stagflation. And I believe the CIA and Mossade assassinated King Faisal, which led to effectively the

petro dollar. And that is when we had, you know, the removal of the connection to gold. Then we had the petro dollar. And, you know, then we enter into this crazy fee currency standard where crisis after crisis, we lead to your topic. that the only way of solving this is through the big. So it all connects through that history. But when we ended up with the Iranian Revolution, the history of Iran is effectively one of CIA and MI6 regime change.

Iran had a democracy. And in 1953, when the British Petroleum didn't want Iran's oil to be nationalized. It replaced the democracy with an installed puppet regime. And we went through all of this history. But around about the Iranian Revolution, we had the Iran-Contra affair, which I think sets the framework up for where we are now. It was very controversial because the CIA released a bunch of documents, and it showed that Iran, Israel and U.S. were involved in,

an intelligence operation that led to the Iranian revolution and a swap of the hostages for weapons that were then trafficked via Israel to Iran and in Iran would deliver them into Central South America via the Contras. And the CIA was funding these militia groups in order to get the drug trafficking into America that funds the black op operations of the CIA. I believe all those operations still exist today. and there is an old god that kind of relied upon a you know trillions of dollars was printed war after war destabilization campaign when it comes from Libya to Sudan to Iraq to Afghanistan to Sudan you know all the different things and you know if you think about that entire 40 year history since the Iranian revolution Israel and Iran never went to war. But Iran was always two weeks away from a nuclear bomb.

And Israel was always projecting that Iran is about to attack them. And that led to the justification of all of the different wars, $10 trillion of money printing. But it wasn't until after October the 7th that we had for the very first time, Iran and Israel actually exchange fires at each other. other. I believe this is the dismantling of the old guard, which is the military industrial complex profiting from Forever Wars in the Middle East. And in order to dismantle that narrative, there are three factions of power that prop it up. One is the whole Zionist Israel, you know, we're protecting the Jews.

We recruit the IDF, but really we're creating chaos around the region. The other is the neocon Zionist narrative within America, you know, represented by Lindsay Graham as like a cartoon meme of always justifying war. But then you had the resistance economy that IRGC built, which is the strategic tension. It's the death to America, death to Israel meme that effectively led to the funding of the different proxy groups and then the justification for this continual state of war and this continual state of destabilization that effectively gave America its global hegemon prevented the region unifying around their resources because they knew that if they unified around their resources, they would go eastwards and they would lean into China

and they would lean into Russia. And that was unacceptable for the American Empire. So, you know, that kind of brings us where we are right now, who controls Trump. You're suggesting actually that we almost needed the IRGC to exist in order for the system to work in the way they wanted it to work, right? Absolutely, yeah. So you always have, if you read things like Operation Gladio, which is where this concept of creating militia armies in order to manufacture a fake enemy like they did during the Cold War and communism, they would always put American armies.

Because even if you go far back as 1917, the Bolshevik Revolution, that was a lot of the Bolshevik revolution, that was funded by Wall Street. And the same people that were on the Rice Bank in Germany, the Warburg brothers were also the governor of the Federal Reserve, was also funding the Soviet Union and the Bolshevik Revolution. And that was the year that the British Empire declared Palestine as a nation's, you know, to the Rothschilds that led to the creation of Israel. Yeah, the Balfour Declaration, correct.

So the Operation Gladiou is about you create strategic tension, you fund militia groups, you manufacture through the media a fake enemy, and then you justify the trillions of dollars of money printing that results from believing that you're always at a threat. And so IRGC at the hardliner level, Israel in terms of its narrative, and then the military industrial complex in America, they provided the narrative that's needed to always believe that you need to print more money and spend more money on the military. So I don't want to go there in this show because we don't have time and it's not really productive. But I'd love to spend an hour with you talking about 9-11 because it seems like a very similar. model. But for the, for the sake of the listeners, and because we don't have 10 hours to do this in, I'd be very curious to understand where you think we are now and what, you know, how it's

playing. I mean, I completely agree with your view that we're moving to a multipolar world. That's, that's obvious. The dollar has to die in terms of, you know, the petro dollar has to die, et cetera. I mean, some would almost arguably say that, you know, this whole Mad King Trump thing as an act in order to have it die and have us get shoved out of the Middle East and go back to a sounder money kind of gold standard. Do you agree with that? And if that's the case, I noticed this morning, you said you weren't very troubled at all by Trump's apocalyptic tweet this morning.

I kind of had the same reaction, but I'm not really sure why. But it feels to me, I mean, if you look at what Vance is saying, and he's over, I believe, in Budapest in Hungary and saying there be, I mean, my guess is we're getting set up here for some kind of a peace deal in the next couple of days and Trump's going to declare an enormous victory and explain why he wants the Nobel. I mean, is that kind of how it feels to you or how do you see these more recent developments? Yeah, but I have to have a bit more nuance there because I constantly I constantly fluctuate between my humanitarian hat and my analytical hat. And we're both in complete opposite directions.

The deaths are real. The tragedy is real. It's disgusting. It's a humanitarian crisis. But the military industrial complex, they're the type of people that would manufacture weapons that are made specifically for seven-year-old kids that have smaller, you know, there is a zero ethics environment in terms of, this manufacturing of war.

And so in the humanitarian side, that is real. You know, there were 165 children that were murdered on the first day of the Iran war at a children's school, girls age between 6 and 12. Those are all real deaths. There was a humanitarian starvation famine campaign in Gaza. You know, these are real human tragedies and disasters. disasters. But on the analytical side, there is, in my perspective, real power and fake power. I think we've hit a stage where America and the collective West, through the process of

financialization, securitization, globalization, and this debt-based Ponzi scheme that is central banking, have been fully captured by private corporate interests. Now, you sound like a radical lefty or something like that. I'm apolitical. You know, I don't buy into these left versus right narratives or anything like that. People think I've got Trump derangement syndrome, but I also had Biden derangement syndrome and Kiyosthama derangement syndrome and, you know, Clinton derangement syndrome. So whoever the leader is, you kind of get pushed into this team sports.

but I believe the West is fully captured by after when we went into this globalization, America destroyed this manufacturing base, China became the global manufacturing base, and America became energy independent, that broke the whole system, because effectively China is needing energy. It buys it from the Gulf sovereign wealth funds and the large energy producers. and then America is now competing with the previous big oil and sovereign wealth funds. So what happened is Saudi effectively stopped buying treasuries and started buying equities. And so now America has effectively sold $65 trillion of its assets to foreign sovereign wealth funds and foreign investors.

And there is a financial industrial cost. complex that I call transnational capital. It consists of institutions like Black Rock State Street Vanguard. It consists of partnerships with sovereign wealth funds, Norway and Europe, Singapore, and ASEAN, the Gulf countries in the Middle East. And there is one country that is sovereign to a degree right now, which is the country where no corporation is bigger than their government, the CCP. They have a state banking system. They have a manufacturing system. They have a manufacturing base, and they're trying to become oil independent or energy independent through alternative renewable energies. There is one sovereign country in the world right now, which is

China. So China is dictating terms because all the sovereign world funds rely upon them purchasing energy. And then that lies into investments in the capital markets. And then what happens in America or the West, you have three main powers, technology. which is algorithms and control over media. Finance, which is leverage through financial weapons and mass destruction derivatives, private equity, private credit, central banking, retail banking, investment banking, asset management. And then you have military. But the military are public companies.

So while they get a degree of autonomy because they're funded by the Pentagon, they still are public companies. So they rely upon this financial, industrial complex. So I call it a thick mick and tick financial industrial complex, military industrial complex and technical industrial complex. I believe that transnational capital through lobby controls Senate, Congress, and through the military and deep state are able to bribe judicial. So everything you see in politics is theatrical uniparty.

You get a little bit of left and right that looks like internal difference, but the same financial industrial complex benefits. And I believe that they, Trump is very aligned with the financial industrial complex. Biden was very aligned with the military industrial complex, the neocon faction of the world. And I believe that the financial industrial complex want a drastic change in the Middle East, a transition to regional stability and the end of the Forever War, because the Gulf countries have co-opted BlackRock State Street, Vanguard, and China is now dictating terms,

and America can't just blow up the region and prop up the Petro Dollar. So I think everything we've seen over the last five years, even when it goes from closed border to open borders, I believe Trump was installed for a specific purpose. I think tariff policy was BlackRock's policy. I think Russia already won the war before Trump was installed. I think that China already won the trade war and tariffs was the reset of the world order. And I think Iran effectively is escalating this through the closure of Strait of Amoose for the final battle that leads to a pre-negotiated outcome and deal.

But you need to use the US military, Israeli military and IRC to effectively get rid of all the US, infrastructure in the Middle East, which IRGC is doing. Israel's getting rid of the proxies that are going to be integrated, like Lebanon will integrate with Hezbollah eventually. Anyone's not on board goes. And effectively, America is destroying Iranian infrastructure. And within Iran, you'll notice there's a difference between the IRGC and the government. The government is aligned with China.

IRGC are deciding who needs to go in order to move to this new transition. And we're seeing a big theatrical but real and dangerous war in order to manage that transition that really becomes like a fall of the Berlin war moment. I don't think Trump knows exactly what comes next, which is why he's so radical in terms of his rhetoric. But this, I do believe, is an escalate to de-escalate. And on April, April the 15th, Xi Jinping and Trump were meant to meet. That was delayed by a month. And so on May the 14th, Xi Jinping and Trump meant to me at the China summit. And I think that will mark the world order.

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I mean, he gets increasingly bellicose as he's losing. And, you know, he's obviously threatening a nuclear holocaust. Holocaust, which I know we won't do, can't do, because, you know, the military and others would stop him. But, you know, is it a taco, as I described with J.D. Vance, you know, pulling a rabbit out of the hat and saying we've agreed to a 30-day ceasefire? Is that kind of what you would envision happening? Yeah, so let's look at what we've seen. So the straight of a moose is the economic nuclear weapon, as I'm sure you know from your financial. Yeah. Yeah. So, So that's closed.

So we know that there's a genuine clock in terms of economic reality and the humanitarian crisis that will result from this in terms of supply chains. So we know that this can't be an Iraq model, a Syria model, an Afghanistan model. This can't go on for 20 years. This has to end soon. What do we know? We know that Iran is a natural fortress in terms of it surrounding by mountains. We know that most of their infrastructure is underground.

We know that they have partnerships with Russian intelligence and Chinese intelligence. We know that the straight is open for China and Iran. We know that Russia is making a lot of money right now supporting Asia. We know that certain companies in America are making a lot of money, not America as a nation, but, you know, Golden Pass, Chenier Energy, Chevron Exxon, a lot of these forced major contracts are leading to renegotiations at higher prices. We know Europe is screwed, so they're being vassalized. We know that there is asymmetric wall right now where the investment from Iran has been in drones

and missiles. and we know that large battleships don't solve that problem. So all you can do is you can use intelligence like Mossad and CIA to do strategic decapitation campaigns, which is what we've seen. We've seen a lot of IRGC leadership and we've seen various forms of regime change happen. But IRGC has still been destroying GCC infrastructure. IRGC has still got the straight of almost closed. We know that there is significant damage being inflicted upon Israel as well as the Gulf countries.

And so there is no solution to that. There is only a deal. America can't suddenly change its military, but it can't destroy a lot of the infrastructure. So what does that mean? that's the build that better model who's going to build it back well across the gulf countries across iran um across the whole region is only china that can rebuild that back you know with bangladeshs and and indonesians and uh filipino labor um but the banks want their deal in so they need as much damage to give the their you know like for example they

they were for running all the deals when serious sanctions were removed. The same is happening with Iran. And so eventually we get to a deal. I don't know exactly what it looks like, but what's interesting is we've seen a 15-point deal from America. And then we saw a 10-point deal from Iran. And somewhere we're going to meet in the middle. But what are the main focus?

It's really around the economic model. It's not about anything we were told it is. It's not about regime change. It's not about nuclear weapons. It's not about ballistic missiles. It's all around ports, control of routes, and the removal of sanctions, which is another way of saying opening up new gas pipelines and oil infrastructure. So a deal will be done. And I think just like we saw during the 12th day war, there was a three-way victory.

So we had a Hollywood movie where effectively B2 bombers were sent over from Trump. He said he destroyed the nuclear program. We got all the Hollywood cinematic videos, you know, playing from Pete HECSeth. Israel kind of said, you know, that we defended the, you know, we took out the leadership. We did a part of our regime change, but there's more to do. And Iran effectively said, we managed to actually get. take out the iron dome and penetrate. And all of them took that three-way victory.

But by the end of it, Israel was loaded up with debt, with ruined infrastructure and ports that don't work anymore. Iran had the same. And America had a Hollywood movie. So by the end of this, I think Israel gets vassalized into a built-batt-Better model that regime changes Israel.

The same Iran, keeps the IRGC, but it's got a tamer version that's aligned with China. And we need a Hollywood movie in order to get to the final stage. Now, I don't know whether there's more decapitation campaigns to come, whether the IRGC has put up a bigger resistance than they anticipated. I don't know how many things are going wrong. I just believe that nothing stops this train in the end, to quote Lynn Alden, in a different context here. And so I believe that even the rescue mission, there was, like some people are speculating that that was a failed ground invasion. And then they were trying to get some nuclear enrichment.

I'm not a military expert, but I listen to others that have their theories around that. All I know is that we are leading up to the final acts. There is genuine here. I don't believe we're going to a catastrophic ground. depression and demand destruction that ruins the world for the next decade. I don't believe we're going into genuine World War III because America can't manufacture a weapon without China right now. So that's a reality. And so the only thing is a negotiated outcome with a Hollywood movie and I think escalate to deescalate. And maybe we've got that

for the rest of April. Or maybe we get that now. That's the hard bit to predict. If I may quickly jump in, because the one thing that I'm really struggling with this idea of like a Hollywood ending and like escalating to de-escalating, you talked about nuclear being off the table.

I'm curious why you think that nuclear is in fact off the table. And in terms of the most Hollywood ending I could possibly think of, it's Israel runs out of interceptors and threatens the Samson option and threatens nuclear. And then America rushes to find a deal to stop somebody from moving to a nuclear option.

Yeah, my belief is, and it's a belief that nuclear is nuclear for all markets, and I don't believe the financial industrial complex wants to do that. And I don't believe Israel rules the world. I think they are subjected to the same power structure as UK, Europe, America, and the same power structure. So I think Netanyahu is a puppet as much as Trump is a puppet. Now, definitely Israel is more aligned with the military industrial complex, and Trump, I think, is more aligned with the financial industrial complex and technical industrial complex. But you're starting to see already, Netanyahu has been negotiating his exit because there's likely to be, he's going to be the full guy, there will be a regime change. And what is the new vision of Israel if it's no longer used to destabilize the region? Well, to me is pretty obvious.

You use Israel as you use UAE for finance to get a foothold in jurisdictions of the multipolar world. UAE is your mechanism for getting into GCC. So you vassalize USE, UAE, and then you do the same for India. And so you've seen that Israel has moved towards India. India is obviously the next strategic tension between China and China and China and India are the two potential future manufacturing bases. And so what I think you're seeing is Israel moves over towards latching on to India in the bricks world. And then, you know, I don't think we get the blowing up of a nuke.

My suspicion, again, is if you go back to JFK, if you go back to Numic, if you go back to military connection to Israel and the nuclear bomb, I believe the same deep state that controls America's nuclear program is the same deep state that controls Israel's nuclear program. It is my personal belief. Larry? Interesting. So, well, I'm glad to hear you say that, and I hope you're right. Because there are times when you wonder, you know, if there aren't some crazy actors in this whole drama.

And, you know, if somebody doesn't go rogue, I mean, it. You know, certainly a nuclear exchange would be a very, very bad thing. Yeah, Lawrence, what would, have you ever modeled out what you think would happen to market if a nuke is fired either by Israel or? I have. I mean, I'm pretty sure we'd see everything down, you know, 50 to 75 percent, you know, almost immediately. Yeah.

And that the printing would follow. And then probably the currency would fail. and we potentially have to move into kind of a, you know, eat what you kill kind of mode. I mean, I think we'd probably survive, but there would certainly be millions of deaths in certain places where people were unable to be, you know, get fed or have water. It's just somewhere you just don't want to go.

So I, you know, I hope and I pray that we never go in that direction. As you point out, because some people... No, no, you go. Yeah, some people believe, like, you know, people have kind of mapped out their understanding of the world. I've laid out my map of the understanding. But some people believe, like, Israel rules the world. They'll blow up a nuke. They'll kill the U.S. Empire.

And somehow they emerge as like a world power, which I think is completely, it just doesn't face. I don't think, I don't see that as reality. Yeah. Other people believe. Yeah, you comment on that one. Yeah, so I grew up in, you know, duck and cover drills in the United States, and I still believe in mutually sure destruction. Yeah. And that what prevents Israel from nuking Iran or the U.S. from nuking Iran is the knowledge that China and Russia can nuke us.

And I think, you know, I hope and I pray that, you know, what we learned from the illegal dropping of the bombs in World War II is that, you know, this doesn't end well for anybody and these can never be used again. And so I still believe that's the base case, you know, absent, you know, a madman getting in there. And I think there are enough checks and balances on the madman. I mean, I think that, you know, let's say Trump were crazy enough to call for a nuclear strike. I'm guessing his military wouldn't let him do it that they would stop him. So, you know, and I don't think he's that much of a madman. I think he's a buffoon and I think he's an idiot. But I don't think he's, I don't think he wants to die.

Yeah, look, I think you're, I'm pretty much broadly aligned with your vision of how this plays out. But there could be some more stupid moves between here and there. I mean, I read the stuff about the potential. This is a grab of the fissile material. And, you know, Trump likes playing with these toys and he's got Heg Seth in there, egging him on. And he's got Bebe egging him on. And it wouldn't surprise me if, you know, we have to lose some soldiers, which is, you know, tragic. It's like the school kids.

you know, which, I mean, I don't even know. Do you have any view on whether or not there was a double tap going on there? I mean, some say there was. Some say there wasn't that they hit the school. And then when all the parents and first responders got there, they hit it again. Do you know if that's true or not? I don't know. I think it's hard to say what is true, what isn't true.

We're in the fog of war. I've been following every second of it. I have opinions. But I try to stick to what is the bigger picture of where this is going. I think when I get into the micro details and start speculating on them, it can go a little bit funky because there's just too many. I think people know the truth eventually, but is it beyond the U.S. military, the Israeli military, you know, to do insane crimes against humanity? I think everyone got the answer from that from watching Gaza. Yeah, I think that's absolutely right. Yeah. So it's, you know, the whole thing is.

is incredibly tragic and, you know, incredibly scary and hurtful. I mean, I've got kids in their 20s and they're scared. And I'm like, you know, I'm like, look, this is, you know, cooler heads will prevail. The world's not going to end. But, you know, you're watching the reordering of great powers. And, you know, the shit is messy. It's extremely messy.

And, you know, in a Twitter or true social age where you've got a president who, you know, uses, you know, behaving in an unhinged way as a negotiating tactic. And that's going to trigger a lot of people on both sides, you know. And I mean, God knows, I got people on my thread on Twitter, you know, saying he's a second coming at Christ and you have to do this. And, you know, they killed 45,000 protesters, which we all know is a lie. They killed some protesters for sure, but were those protesters, you know, provoked by Mossad, maybe.

And, you know, the propaganda on both sides. is pretty bad. And I just in general, I mean, while I don't, you know, love the Iranian regime or the Russian regime or even the U.S. regime, you know, it's these great powers fighting over each other. I mean, I think the average human being in the world just wants to live safely, you know, raise their children, live in peace, and do constructive shit. But sadly, you know, psychopaths exist throughout society. And further, sadly, a lot of them seem to figure out how to get into politics and positions of power. So that combination, you know, creates a lot of misery for other people and death.

And that's just incredibly tragic. And it goes back to something you and I have as a core belief. And I know you were in it in 2011. I didn't buy my first one until 2013. But I wrote the book because I truly do believe that Bitcoin fixes this, which I know a lot of people claim is incredibly naive. But, you know, imagine a world where government can't print money in the only, only thing that has real value cannot be destroyed.

You know, there's nobody who, I mean, let's take a look at this war. Let's say, you know, Trump just put the defense budget up to $1.5 up from, you know, under a trillion. You know, if you divide that by the number of American families, I mean, you're telling every American family you're going to pay another $5,000 or $10,000 for this war, you know, nobody would agree to that. I mean, you know, we're struggling to get by right now. We can't buy gas. We can't buy groceries.

I'm not paying another. 10,000 have this work. And yet that's what we did. Now, we didn't do it through direct taxation. Of course, we did it indirectly because they'll print the money to pay for it. So, you know, it's just, it's a really, really broken system. And as I'm sure you know and understand and believe, I mean, we were at one of those fourth turning inflection points where, you know, sadly it's got to get worse, you know, so that we all rise up and kill it as much as, in so much as we ever can and move back to a system that's a lot fair. And I think that starts at the monetary layer,

and that's where I wrote a book. But I know you pretty much agree with these thoughts, I believe. I want to jump over there just for a second quick, if I can, because on that note then, Larry, I'm curious, with Simon's framework that he's laid out here, how does this model fit in with your big print theory? Because the one thing that I saw, I was like, oh, that's kind of going the opposite direction,

that if China's doing the rebuilding, when they're the one financing it, the one taking out debt may possibly to do it or financing it from their own wealth. But I'm curious how this plays into the big print, if at all. Well, I think obviously everything they're doing is extremely expensive. And it's interesting to me the way that when the debt level gets to a level at which it cannot be serviced anymore without additional underlying money supply growth, because it is a Ponzi scheme. You've got to, you know, when you take out new debt to spur growth, you need to create more money to service the interest and payment on that debt. And there's a great chart that's on my thread if you go back a few months.

And I've done it in a lot of other podcasts where I show it's a chart by Dan Oliver at Mermican that shows that at any point in time when the money supply hasn't grown enough compared to the debt level, something breaks and then they print. And so the chart shows in 2008, that's exactly what happened. And, of course, they had a big print then. It took a few years and it was $3 trillion. But then, you know, they tightened up in 15 and 16, and Yllen and Powell did their best. And we came into 2019 and repo blew out and Paul had to pivot.

And bingo, you know, very conveniently, the scamdemic arrived. And, you know, we had to shut the whole world economy down. And then we had to print another $5 trillion. And so, you know, my suspicion is that what's coming is another one of those. I don't know if it's, you know, if it's based on a war, it's based on, you know, the debt market's collapsing. I mean, we don't know how it's been written up and orchestrated. But what we do know are what I believe with high certainty, because the lines have now crossed again,

the base money supply has not grown fast enough to support the debt level. And the chart shows that. What I believe with very high certainty is that at some point they have to do another print. And if the pattern repeats, you know, it'll be bigger than the last one. So we did $3 million in the first one, $5 trillion. I'm sorry, trillion plus in the first one, $5 trillion plus in the second one. So this one's probably going to be $7, $8, $9, $10 trillion. and, you know, that'll keep the system functioning, but it will also lead to, you know, inflation like we just had.

And the first one created, you know, inflation of financial assets because, you know, they sanitized it. They started paying interest on excess reserves and so it didn't creep out into the economy. And so all the financial assets got, you know, inflated, but we didn't have as much CPI inflation. The second one, you know, the pandemic, they literally printed money and sent it out with Stimmy checks. And, you know, the size was. larger. And so M2 balloon 40%. We had huge inflation. And my sense is this one's going to be even worse. So, you know, to me, we live in an inflationary area. I know from listening to Simon's prior podcast that, you know, he believes the only two assets that are going to protect you in this

world are, you know, the only two sovereign, non-controlled forms of money. And those are gold and Bitcoin. And that's exactly where I am in self-custody in both cases. I know he's exited all as other equity investments. I still have equity investments in gold and silver miners because I run a legacy fund and I have clients. And so that takes a lot of my time. But actually, I intend to ultimately wind away from that and get out of that business as well, you know, primarily because, you know, you've got management risk in those companies. And, you know, this is, in my view, this is actually going to be a pretty chaotic period. And, you know, I don't want to go full mandibles, you know, on everybody, but I think people need to understand that, you know, things could get kind of messy

and ugly in society, you know, in terms of halves and have-nots and, you know, food and water and everything else. And so some of the, some of the thoughts that the preppers have with respect to, you know, preparing for the future, so to speak, don't seem, you know, stupid or far-fetched to me. I mean, I think that, you know, I hope and I pray that, you know, we don't get into a situation where everything's really that bad, but it's, you know, it could be pretty ugly. I think at a minimum, I mean, I think as a best case, and I was hoping we don't have a World War 3, and I don't think we will. As a best case, you know, we just get through this with a currency failure, with the dollar,

more or less effectively failing. And, you know, everybody realizing why it failed, it failed because the government was out of control, couldn't stop spending money. And we transition, you know, I've said in prior podcasts, I think, you know, probably the timing is about perfect for President Saylor in 2032. And he comes in and he says, look, I've got the receipts. I understand how it all happened. Here are the mistakes we made.

You know, we built a great world up until 1971 or 1946 or 1913. I mean, generally speaking, the world operated and made a lot of progress on the gold standard. And Bitcoin is digital gold and it's better. It's easier to verify, move, et cetera, store. and we are going to return to a Bitcoin standard, and here's how we're going to do it. We're going to devalue all this debt and start over again. And so my grandkids will be paying for things with Satoshi's. I mean, that's kind of where I think we're going.

But between now and 2032, that's a long seven years or six years. So, you know, it's and a lot of bad shit can happen, and probably some of it will, sadly. So. Coin Kite has been in the game for years creating hands down the best and most secure hardware when it comes to securing your Bitcoin. The Cold Card Q is an absolute powerhouse and my daily driver,

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And I also want to just quickly add in there as well, too. At the end of this, would that mean that there is less demand for dollars outside of the US, which would mean their ability to export inflation would go down, and that might also lead to the need to print and stimulus and things at home? Yeah, I want to comment on a few things, because everything you said, I agree with few nuances, and I'll pick those up. And firstly, I think we need to be aware of the psychological operations and the impact is having on our psyche right now.

We are effectively, you know, empire is being en masse, and we're finding out the whole world we thought, new, and understood is completely different to how it actually is, was. We're spending more time on technology that is really changing, I think, the makeup of how our brains function. We're getting all of this artificial intelligence. I'm seeing, I mean, I've been on spaces with people where clearly they're reading AI in order to,

to do their thinking. And we have major, major changes in the world. And I, for one, you know, I watched the whole Gaza thing every day because I was involved in the anti-war movement. And it changed me as a human forever. Like I'll never be the same person I was after witnessing some of that. And all I had to do was observe it. I wasn't even there.

You know, so all I want to say is that there are these psychological operations, the need to be psychologically strong and see things for what they actually are is actually a really important thing. And I think we are creating some very strange scenarios with this technology. So it definitely needs some kind of reset. my fear is, and my belief is actually that Bitcoin doesn't fix it. Bitcoin gives the exit for people that want to leave, but I think the financial and technological powers are getting way more powerful. And I think they're partnering with China. And so I do believe that a multipolar world is a better world because of competition.

But sadly, I had a long debate with Jeff. Booth, which he's more on your side and more optimistic. I think financial powers and technology powers are getting more and more and more powerful. And I don't think Bitcoin's going to fix the financial system, but it will provide the exit, and that's where I focus. And so I think the system is so corrupted in terms of anyone that becomes president, anyone that tries to do the right thing in politics. You're either regime change, assassinated, told that you're a pedophile, or co-opted or forced

into a leverage network. And so that's my base case, but I, you know, prepare for a better future, I guess. But the way to think about it is to really think of Bitcoin and gold in self-custody as an exit, being more community-driven. At the end of the day, if the government income, going to help you and the system ain't going to fix itself. It comes down to you, your daughter, your children, your family, your local community and your supply chains. And so everyone, I think, needs to really focus in on that. And you're only going to solve this through community action.

And if shit breaks down, you know, it's what's around you that really matters. And you can do incredibly well as a community. You can exit and you can build your parallel system. And I think saving Bitcoin and self-custody into these weak moments is essential. It's going to be a lifeboat. And yeah, you know, if we get these issues with energy grids and electric grids, you also need to be hedging with gold in self-custody as well. So all of all of that is that. I think the inflation conversation is really tricky because everything is inflationary.

You've got the supply shock, that's inflationary. You've got tariffs, people debated whether those were inflationary. You've got the inevitable big print that Lawrence always talks about that I do agree. You're looking at a seven to ten trillion dollar this time. That's inflationary. That does push more K-shaped economy, asset inflation, consumer good inflation. That really pushes these two extremes of the have. and have not. And I think I don't see how that reverses. Just gets worse and worse and worse,

I think. And so it's essential for you to do that. Now, do we create an environment where the rich are fine, they adjust to a multipolar world, they can afford their private jets, they've got their Bitcoin and self-custody, they can go anywhere. Well, you know, probably. But do we end up in a demand destruction, deflationary cycle, mass unemployment, artificial intelligence, taking Uber's jobs, everyone's jobs, all the service level jobs. Feels like we're moving in that direction. So this inflation might be offset by some kind of disinflation as well. So I'm not sure which direction it goes, but I do know that what are the options for offsetting the inflation?

Well, you either tax more to take more money out of the system. That's not going to work so well. you get productivity growth through in, you know, AI and robotics. That leads to a lot of unemployment, you know, or what else are you got? Try and get the price of oil down, okay, well, you probably need to end a war in order to get the price of oil down. And that leads to a deal. So, you know, I don't know any other way of dealing with the inflation other than the Fed buying, you know, buying these, these, assets and doing something that needs to a lot of unemployment.

So be prepared. It's confusing. Let's talk about the technology for a minute, though, because I think it's a very interesting lens to look at it all through. You know, on the positive side, you know, the invention of the mic, and I talk about this in the book, the invention of the microprocessor created, started the process of decentralization. I mean, we had peak centralization from World War II, right?

You know, we had, you know, 20 billion people slaughtered, you know, basically in a pointless, well, not a pointless war, but in a large world-scale war, you know, because one madman got control of a country. It kind of sounds somewhat familiar. And, you know, we, we started decentralizing, you know, a little bit thereafter. And it really got going with the invention of the, you know, the semiconductor, microprocessor, et cetera. And, you know, self-computing. And then the internet and now, you know, kind of anyone can be the New York Times. I mean, we all are the New York Times. Here we are talking from different parts of the world, broadcasting to thousands of people all over the world.

And, you know, the question I think it's going to get asked is, do we really need these big central organizations and do we trust them? Can we all just kind of walk away from them and, you know, and ignore them? You know, the flip of that is that, you know, the Palantiers and the, you know, the technological, I think you call it the TIC, right, the technological industrial complex. They want to know every single thing we do, track everything, have CBDCs, be all over our ass. And, you know, hopefully the liberty-minded folks will, you know, push back on that and will create solutions. I mean, Bitcoin as an example is a solution.

I mean, they, you know, they can't, without your keys, they can't steal your wealth. I mean, that's never really existed. I mean, you know, as safe, and then Jason Lowry point out, I mean, you know, armies could overrun other countries and take the money or take the people. And, you know, Bitcoin stops that. So, you know, I guess I'm by nature and optimist on the human condition. I feel like we will move, you know, who says we need enormous nation states? I mean, I think that's an assumption we've all kind of lived with, but I think that can certainly break down. And sovereign individuals, can move very quickly from place to place with their wealth. And, you know, they'll tend to probably go to places where they're treated the best. As you point out, Simon, we're going to find these smaller communities with like-minded people, and you'll live there. And, you know, if you're not willing to live in the big technocratic state that doesn't really offer you much

and tracks every one of your movements and every one of your transactions, well, then those states are going to wither away. So I think the, you know, the technology and the freedom offered by the technology. technology will ultimately save mankind. I really do believe that. But I don't disagree that we're fighting a bunch of different trends. With respect to the AI and the employment thing, I mean, that reminds me of, you know, the Luddites. I mean, in the sense that, you know, figuring out how to do stuff better, cheaper, faster is never bad. I mean, that's good. Productivity increases are good for the human condition. I mean, the reason we all live as well as we do today

is because of all the productivity increases we've had. Having said that, we've got to make sure to help people out along the way, to help them retrain, help move into new things, et cetera. I mean, obviously in 1913, buggy wood manufacturers were screwed. But that doesn't mean that there wasn't a lot of other employment in the country to be had. And so, you know, we will evolve in a positive way. And one of the things is actually this is kind of a dark moment, you know, this war and a lot of other things.

And yet, I mean, to look at the bright side of it, I mean, I find the bright side of it that, you know, like, basically, I think about 80% of the world condemns this shit. You know what I mean? I mean, I may have my percentages somewhat wrong, but, you know, based on polls, based on Twitter based, I mean, yeah, there's a, there's a 20% of the world that they're involved in a death cult and they want to, you know, Team A wants to kill Team B and have a Hollywood ending and all the usual crap. But, you know, most of the mature adults in the world don't want to do that shit. And so I view that as a real net positive. I mean, you know, 80%, I mean, if the control, if the people in control are part of the 20%, okay, well, you got all this noise going on. But, you know, it's kind of like term limits, right? 80% of America wants term limits. We can't get them through because the people who are in a position to do it, won't do it. But eventually we're going to get, we're going to throw those people out. And eventually, I think the will the people is going to win.

So I guess I am optimistic in a multi-year time frame for coming into. to a better space and, you know, and just getting rid of all this corruption and grift. I mean, I don't think there's anybody in America probably the same as true in the UK who doesn't just look at this government and just say, this thing is so incredibly fucking broken. How can we not do better than this? I mean, it's just, it's horrific. I mean, I was reading over the weekend about how, you know, Trump's sons have made $700 million in gains by investing in drone companies right before the war broke out.

You know, it's kind of, I mean, the grift, everywhere is just, it's outrageous. I mean, you know, Melania coin is down 97%. Trump coin is down 96%. I mean, it's just, you know, I'm a what? The president of the United States and his family is benefiting. I mean, you know, I'd love to see the trading records. I mean, who the hell was buying all the S&P futures or the oil futures long and short before all these major announcements? I mean, you know, wouldn't you love to know what Howard Lutnik is trading? I mean, it's just, it's sick. It's just absolutely sick some of the stuff that's going on. And so, you know, I think that if and when we get some people who were reform-oriented and just semi-normal, I mean, you know, I mean, I'd hold my nose and vote for the other party, you know, if I thought they were just, you know, a step in the right direction compared to the corruption that we've got now.

So, and I think most of the world feels that way. So I don't know. I try to be optimistic about it all, but from a day-to-day point of view and trying to manage a portfolio, you know, that can swing six or seven percent in the day based on, you know, a tweet. It's like, I'm like, this is no way to run a railroad. It's a mess. Simon? Yeah, absolutely. I think the key understanding that people need to come to that help me is that if you think Trump works for the American

people, nothing he's doing makes sense. If you understand that he works for Mick Tick and Fick, you realize that he's building a technocratic Orwellian's Day nightmare. He's giving the funding to the technology companies and the government contracts to Palantir that's needed. He's got the budget up from a trillion to a trillion and a half. And that's a stimulus check for the military industrial complex. And everything from tariffs to this war will lead to more concentration of power through Big Print, which leads to the financial industrial complex becoming more and more powerful. Every crisis made the financial institutions more powerful.

You know, from 2008, BlackRock got all the ETF business and J.P. Morgan got a bunch of the banks. All the backing business. Exactly. You know, from the, you know, so you can see every crisis is concentrating it. So and big oil in America, not the Americans, but big oil in America is doing incredibly well. And LNG will benefit a few companies. So when you understand who he works for, he is actually doing a great job.

But if you think he works for you, then you're doing a bad job. And I left UK, you know, I moved to an island. and a long time ago, I started preparing for this in 2015. Bitcoin gave me that privilege. And so, yeah, I think, you know, the fact that this decentralized technology and the fact that we get to self-custody, the fact that we do need to recognize from the Bitcoin experiment that we all need to run our own LLMs if we're using AI and we need to create these decentralized networks because there is a genuine

level of disruption that happens to these big companies as well. So they may have a plan. It doesn't mean that they're going to win in their plan. But this technology disrupts them just as much. And wars can go incredibly wrong. And finance in a multipolar world is increasingly challenging to manage as opposed to latching onto one empire. So yeah, we have an interesting time.

but I do believe that when we get to this technology side, we hit a point where in 10 years, I think everyone needs a 10-year plan today if they haven't started. They need to own more Bitcoin in self-custody. They need to own more gold into this weakness. They can't be speculating using leverage where they get blown up. They need to really start to think, what happens if my supply chains break?

What is my relationship? like am I spending too much time on technology and not really in the real world and stuff? So people have 10 years to kind of fight against where they're all driving us because it really feels like there is this world economic forum vision of you will own nothing and be happy if you get this wrong. And you'll all be on devices and we'll be using the algorithms to make you more and more radical in a certain direction and bring out the worst version of yourself and inflation means you can't afford anything and you hate you know you hate the other sex you're not building you're not

having children you know there really does feel like that somebody has that type of agenda and people need to liberty exit yeah no it's absolutely it's absolutely horrific i mean a lot of there are a lot of extremely scary trends and uh and we got to push back against it i've you know i've tried to counsel my on that, you know, to, you know, to detach and just live. Yeah. I want to kind of tease that out a little bit, Simon, if I may too. We talked about basically transnational capital, transnational capital, military industrial complex, financial industry coverage, tech industrial complex.

And then we also say like somebody has that agenda. Is it possible to actually get more granular? Do we know some of the people that are pulling these strings or even just maybe just probably speaking to identify the companies? how far can we go in terms of unmasking, pulling back the curtain, actually seeing who is directing this? Yeah, so people always look for individuals and an organized cabal. I think it's actually, it's more simple than that when I've tried to find these answers. If you look at BlackRock, they now manage effectively.

They're up to $14 trillion of assets under administration. Now, some of that's ETFs. A lot of that is not managed, is self-manent, various other things. But they also put the world on Aladdin. And Aladdin is used by $25 trillion of asset managers. That's central bank, sovereign wealth funds, pension funds, endowment funds,

basically the largest pool of capital all around the world. And so if you go into BlackRock's Aladdin and you ask it to scenario plan, Trump is going to blow up this or Iran's going to do that. It will give everyone in capital the same answers and capital allocates algorithmically. I think we're even seeing right now the irrationality of the market. I think the stock market is vastly, it either believes there's a very quick solution or is vastly underestimated the severity of this.

To me, I put that down to it's robots, it's algorithms, it's BlackRock's technology. And then you have the largest sovereign wealth funds. In a case of Europe, you've got the Norwegian one. You've got the Gulf ones. They've had a big hit from this, as obviously their economies have been significantly impacted. And then you've got the largest polar capital, which is the China side. I believe that all of those pools are capital,

they effectively control, you know, when Elon was. wants to buy X, he ends up borrowing against his stock, which is the financial industrial complex, and then they go to the Gulf Sovereign World Funds, and then they're funded by China. So you can see these proxy funding mechanisms that make up transnational capital, and then suddenly the CEO of Saudi Aramco gets a board seat on BlackRock, and then politics changes. So you can kind of see, you know, how, and BlackRock's essentially got 20,000 board seats now across their network of corporations. So you've got $25 trillion in 10. Well, it's the biggest end of the W.EF, too, isn't he?

Yeah, now Larry Fink is the interim chairman or whatever of the World Economic Forum. And who does, you know, and then who does Larry Fink work for? So you've got that structure, right? most people focus on the executives. Well, anyone that knows governance, you know that you have executives that work for board, boards that work for shareholders, and then shareholders use shell company

through British colony offshore structures in order to obviously gain ownership. But BlackRock is approximately 45% owned by Bank of America, and then you have Merrill Lynch, and then you have legacy European finance families on top of that. but you can see that they all own shares in each other and you know BlackRock State Street vanguard up to the banking infrastructure, sovereign wealth funds

is institutionalized so I don't think it's this organized cabal I think there's layers of governance but they are all governments with the exception of you know CCP and some of the ones that nationalize their oil resources they're subordinate to transnational capital all. And so I just don't see anything that a politician does as being not dictated by their, by their lobby. And at the very, very worst, you know, deep state operations like happen to JFK if you get too far out of line. Yeah. That's right. There are any thoughts? No, I completely agree.

I completely agree. I mean, it's, they're all part of the same system. And it's, It's been around for a long time. It's like Carlin said, it's a big club. We're not in it. And they have to play within a certain set of boundaries. If they get too far out of those boundaries, they get in trouble. You see them get rained back in. It's interesting, though.

There are, you know, there are dissenters and leaks from the system. I mean, I've recently been very enthralled with this Maloney, this Italian PM who has pushed back on some of the war stuff and just other things in general. Yeah, I, so there are, you know, there are a bunch of psychopaths and they all do want to gain more power from each other. So it's a ruthless, brutal game at the top of lawlessness,

leverage and covert operations. Yeah, that is true. I mean, look, when you have the militaries behind you, and you can do, you know, you can do a lot of stuff, right? And that's why, you know, the regime changed stuff that the U.S. has been doing for years. I mean, you know, I read the devil's chess board. You look kind of through the history of the CIA, and you realize that, you know, the U.S. is not, we're not always the good guys.

I mean, we like to think we are. And, you know, there's some things about this country that are fabulous, and the founding documents were pretty unique. But we haven't always lived up to that standard. I think that's an important point because without truth, we're just using bad data. So in this unmasking moment, we're entering through in a world where you're radically disjointed from reality because you kind of believe the old gods. Or you're in an algorithm that's turning you insane.

Or you're actually figuring out how the world works, which is why I really appreciate these podcast spaces. And it's why you really need to concentrate and stand a guard of your mind and filter what's coming in. Because you could be doom looping and doom scrolling, all sorts of stuff. And if the content is being dictated to you, you're likely serving someone else's agenda. So you really need to find your people that you resonate with that seem to be pushing out a message and understand what, alternative agendas they may have. And just follow the money is what I've always done.

Like just understand that there are these incentive mechanisms. Follow the money. And to me, if someone's pushing you into Bitcoin in self-custody, then you either just believe, okay, they're trying to pump their bags. But come on, man, no one. I was around in Bitcoin where what I said was important. I'm irrelevant to what happens to Bitcoin at this stage. We all are individually and collectively may not be.

I was going to say, it doesn't matter how many people I teach to do self-custody. There's no way I'm moving that price point. No, exactly. They're very few. I think we could shoot our backs. It's ridiculous. Yeah, I mean, in fact, I have people just trying to get people, you know, boomers to buy ETFs. I have a hard time with it.

So it's, yeah, we're still very early, sadly, in the migration to the sound money thesis. But you can see it's coming. It is building. and I, you know, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's just getting more and more true. I mean, I, I feel like, you know, we're, I mean, looking at the Bitcoin price and the gold price, we're on the cusp of a big move upward. I go, I go back to that chart that I referenced earlier, where they've just got to get more money into the system. I mean, it's breaking. And it's interesting, you know, we could talk a little bit

about what I think is coming. Kevin Warsh will be Fed chairman, you know, the middle of next month. And, you know, that, that, you know, my sense is he didn't get that job unless he made certain promises and commitments. And so I think it's pretty certain that he will come up with a new program of some kind. He will have a, you know, I don't know what they're going to call it. I'm not sure how they're going to do it, but very similar to what they do with Silicon Valley Bank where, you know, they've created BTFD or, you know, more recently they've got reserve management, which is really only QE, just rebranded. there's going to be a mechanism. There has to be mathematically a mechanism that allows them to inject more money to the system. I think it's going to be something along the lines of it.

It'll have a national security component to it. And it'll be very similar to what they did in World War I where they said, you know, buy liberty bonds. And they sold, they sold, they let the banks borrow at 3%. And then they sold liberty bonds at 3.5. And the banks made 50 points free carry. And so I don't know what this will be, but it'll be something. I think there'll be something like that where they'll say,

They don't want to put it on the Fed balance sheet because they know that we all know what that means, although it would probably hit the sheet somehow. Maybe they'll figure out a way to keep it off the sheet, but where they'll say, hey, banks, you know, we will inject, we will give you these swap lines or this money at these low rates. But the quid pro quo is you will then use them to buy duration in the treasury market. And, you know, it's effectively a yield curve control. But it's not yield curve control via the Fed. It's yield curve control with the banks as the proxy in the middle.

and there'll be a new name and a new term for it. And then, you know, to the degree that any of one squawks, they'll just say, well, look, this is really just a matter of national security because, you know, we live in kind of an uncertain world, a wartime world, and we have to be able to finance the government going forward. And, you know, please, you know, don't pay attention to the man behind the curtain. So I feel like that's got to be coming. And it probably is likely this year. I mean, he could he could give that speech right after he's, you know, appointed or, you know, confirmed he could give it a couple months later. But I feel like it's coming this year.

And I think those of us who understand how the money machine works and the, you know, the levers at the Fed, you know, the market is just going to, the market for sound assets, it's just going to scream. I mean, you know, gold's going to head towards 10,000, then Bitcoin's going to head towards 400,000, you know, within, you know, years. I mean, you know, months and the first part of that. So to me, that's what I think is kind of the next chapter. And so, you know, I've kind of, I'm just.

sitting here and waiting for, you know, his confirmation and, uh, and waiting to see what he unveils because I'm, I'm pretty sure that's what's got to happen. I'll say quickly, Simon, before you jump in there, I just wanted some clarification there on something you were saying. Um, my understanding is that there is some limitation on the commercial bank's ability to hold treasuries. They have some sort of cap. Well, yeah, they have a SLR and some other restrictions. And I, I think that'll all get thrown out. You know, they'll, they'll, they'll, they'll just open it up and let them buy as much as they want. Because they really have to.

I mean, who else is going to hold the paper, right? No, that makes perfect sense. Simon, your thoughts? Yeah, it makes perfect sense. Again, concentration of power into financial, industrial complex as a result of some favorable trade. Yeah, there's no doubt there was a regime change at the Fed. I think it's quite interesting that everyone, you know, sees him as Hawkish. I guess there's a couple of conspiracy theories. Either he just does what was meant to be done,

which I think is I'm more aligned with you or others say that he's actually going to be hawkish and reset the world order and kill the US Empire. I don't think that's happening. I think they print right till the end and they squeeze everything they can out of the US economy. They push the wealth inequality in K-shaped economy to acid strip absolutely everything and everyone needs to protect themselves from it. And the government will lie throughout the whole process. And yeah, yeah, you know, and tell you that this is MAGA and everything. But everyone just needs to have their own plan around that.

I mean, I think that's very feasible. To be fair, the, you know, the economy will keep rolling and employment may be low. You know, even to the extent they're successful, they may be able to push wages up and, you know, and help. And if the money were directed at infrastructure and the correct things, there could be some quote unquote economic benefit. You know, very much the way that post-World War II, you know, we had a lot of inflation, right? When we had yield care control until 1952 and then they took it off. And there were some months where the inflation was running at 19 or 20 percent or a couple of one-month periods that happened.

But, you know, we were coming out of the war. You know, all the GIs came home. They were buying houses. They were buying cars. And the economy was cooking. So, you know, the inflation suck, but, but, you know, there was at least everyone was working and there was growth. And so, you know, when you're employed, I mean, the kind of the worst of all worlds is 29 where you're unemployed, you can't find a job. You know, everything sucks and, you know, and prices have fallen, but not enough.

You know, if they have an inflationary crackup boom, you know, obviously the inflation eats you alive and the people on fixed incomes get killed. But, you know, if you're young and you're working, the price. probably be a lot of work for you and, you know, the wages will probably be going up pretty healthily. So, I mean, it's, you know, you're facing tradeoffs. But in a system like the one we've got, they just, it's inflate or die. I mean, Richard Russell said this years ago, it's really true. And, you know, and they're pushing against, I mean, you said you had a conversation with Jeff, who's a friend, you know, they basically, they're pushing against a system that naturally creates deflation, but they've got a financial system that's designed where it has to have inflation. And so there's only one way

to square that circle and that's to print the goddamn money. So, you know, you just, you just know it's coming. What's so hard and for me is somebody who's trying to help people get into Bitcoin is it's just, it's incredibly hard to get people to think in five-year timeframes in the world that we live in. Everyone thinks in months and quarters and, you know, and you got the Peter Schiffs of the world dunking on, you know, Sailor because Bitcoin, your old's outperform Bitcoin for a few years. And it's like, okay, you know, just relax. Let's, let's take a, you know, Let's take a 17-year view of it all. You know, Bitcoin's going to bury gold.

And by the way, I love both, as you guys know. I just like Bitcoin a little better. So, yeah, to me, that's what we have to look forward to. And I, you know, I don't know. Simon, I'd like to ask you, though, I mean, at the end of the day, how do you think all this ends for Trump? I mean, where do you, you know, do you think he gets to right as Hollywood ending? Do you think, is there any recovering from where he's gone?

Because he really blew up his base. I mean, I was talking to my daughter about it yesterday. And sometimes I honestly think that what happened here was Israel ran the operation they ran with Mossad. And they do have films of him with young girls. I mean, obviously really young girls. And they literally said to him, you know, very much the way probably Obama got told, you know, what he had to do it if he wanted to stay alive. They very much said to him,

look, man, it's just a simple call. You're either going to attack Iran or we're going to release all these films. And, you know, you're going to jail and you're going down in history as the biggest pedophile non-demand. I mean, how do you see, how do you see Trump? How do you see an ending for Trump? What do you think, how do you think he got to this position where he betrayed his base in such an obvious way? Yeah. Again, this is why people call me TDS, because I know Trump's history. And I studied trams.

But he was mentored by Roy Cames. And he married his daughter into the Charles Cushner family with Jared Cushner.

And Charles Cushner was effectively Jeffrey Epstein before Jeffrey Epstein. If you look at his court documents. And so he's always been around these

grooming operations into the Jeffrey Epstein Networks. You know, like Lex Wexner and Victoria's Secrets was like a grooming

operation into these things. And when you make money in New York through real estate, you have to be connected to the mob and mafia to get these transactions. He did a bunch of laundering for Russian Jewish power via some of his Trump Towers and some of his real estate transactions. Jared Kushner is, you know, it is his son-in-law. And Charles Kushner, basically, if you look at some of his court documents, he ordered a prostitute for his brother, filmed it, and then blackmailed him in order to get what he wanted.

He ended up in prison and went down for it, but I think he later got pardoned as well. But if you look at who Trump has always been around, he's always been in those Zionist circles. And so, you know, I don't, you know, I think he's, I think he's, I think he's, he's, he's, leverage to the tilt always has been leveraged to the tilt. And I think he didn't change. I think he's always been part of this. So his first administration furthered a lot. He took out Kasim Soleimani, which was the number one person that was killing ISIS and then pretended like he's taking on ISIS, even though he took out the person that's killing ISIS. He put the embassy in Jerusalem and changed it from international to effectively Israel.

If you look at his funding, his three largest funders were Elon Musk, the technical industrial complex, the melon banking dynasty, the financial industrial complex, and Mariam Adelson, which is the Israel military industrial complex side. So to me,

his job is to get rich. His job was to be an agent of chaos, and he'll end with the presidency that effectively ended the post-World War II Bretton Woods order. Those that are clued on will say that was when we moved to multipolarity, and it was the end of the US Empire. And his cult will say he took on the Fed, he took on the deep state, and they'll continue to buy his projects and look for cue drops and be in his cult until the end of time.

and then blame what happens next on the fact that, you know, Trump didn't get to finish his mission. I do think he gets his Hollywood movie. I do think he declares victory. But I don't think he's able to do much more here than extract wealth, do more corrupt trades, funnel more money into the Middle East. and profit from this transition to multipolarity. If I can, Simon, quickly, just for clarification, because I didn't quite follow, are you suggesting that Trump is corrupt or that he was compromised? And then additionally, Larry, to your earlier point,

had a nice conversation with Luke Grom in the other day. And the thing that he pointed out to me that I thought was really interesting is how we view Bush today and how you see him sitting. with like Obama and laughing them up and these kind of got he's kind of like brought back into the limelight and the corporate media holds them up and so I wonder if Trump even if he's vilified and destroys his legacy now if basically the media industrial complex tries to prop him back up 10 years from now oh I don't know it's I think it might be pretty hard to do but um yeah I mean there are all the memes on Twitter about how you know Bush can now say he's not the dumbest

president ever which I always get a chuckle out of um and you know, I was very underwhelmed by Bush's presidency and it really was the Cheney presidency. You know, and they took the bait and fell for, you know, wasting $8 trillion in the Middle East. Yeah, I don't know. I don't know what his legacy will be. It, I got to believe, I got to believe it's going to be pretty hard to resurrect, to be frank. I mean, when I look at, I look at the hole he's dug for himself. You know, he may be loved in Israel, but other than that. I got to think he's,

I think he's got an uphill slog to, you know, to, to restore his base. I mean, there are so many people, I mean, I was never madag. I was never anti-Matic.

I kind of tolerated the guy. I was never a blue team. I'm, I've always been kind of libertarian. You guys probably know, I supported Ron Paul in a big way. Um, you know, and I,

I now support Thomas Massey in a big way. Um, you know, my view is, um, that, uh, uh,

you know, You know, he, he, in executing this pivot to become a warrior, he shot himself on the foot in a big way, in a really big way. And when you get on Twitter and you see, I mean, there's nobody more pissed off. These people, you know, I campaigned for him. I voted for him three times. I did that, you know, I mean, these people just absolutely positively loved him and now feel betrayed. And I, you know, I get it. I mean, they, you know, they bought into something that he didn't live up to.

So I totally get it. I don't feel quite that way because I always, you know, I remember him. You know, I was doing business in the 80s and 90s, and I remember the stories of, you know, all the casinos down on the Jersey Shore and the way, you know, I read the papers and the way he stiffed all his contractors and just, you know, tough shit. You know, I'm not paying you. And, you know, just, you know, I'm cheating on his wife.

And, I mean, just all the, I mean, his behavior, this is, this is, not some new secret. I mean, it's not like, it's not like he hasn't left a trail of bodies for, you know, his entire business career. So all you had to do is a little bit of research and you kind could get a sense of what you were dealing with here. So I don't have a lot of sympathy for the mega people. So, yeah, you know, I was betrayed. Well, do your homework, you know. But anyway, it is what it is. And he is who he is. Simon. Yeah, Nathan, what I wanted to do is whenever I do these videos with you, people are like, oh, that's bullshit. There's no, what's your actual

sources and evidence? So, I just wanted to say, I'll send you four links. Because obviously I'll put them below stuff, but I'll do one on the best, all the sources behind 9-11, the other on JFK,

the other on Iran-Contraire affair, and the other on Trump in his blackmail operations in the early days. So four different links of what I believe to be the actual source materials and court documents that will help you get beyond really, is that just a conspiracy theory?

I'll have all those in the description down below. Yes, thank you for that, Simon. Actually, quickly on that note, too, we have maybe a little bit of time. Lawrence, do you have any questions about any of those? No, I don't. Actually, I was wondering, though, Simon, I assume you've read all the Whitney Webb's work.

Have you been through her stuff? Yes. I have not. See, one of the disadvantages I've got, I'm still working. I'm still managing this fund. So I spend my day talking to companies and trying to try and understand who's got a good gold deposit. And so I haven't had, I mean, I listened to Simon who's got this encyclopedic knowledge of, you know, world history and events and geopolitics. And I just, I watched the monetary side very carefully. But I haven't had as much time or, you know, to dig into these things. Although over time, I mean, a long time ago, I became a deep student of the JFK assassination. My father was a veteran. I remember saying to him, you know, this is back 25 years ago. He's passed 30 years ago now. I remember saying, you know, dad, you do realize the CIA killed, you know, Kennedy, right? He went nuts. He went absolutely, I mean, because he just loved America and he refused to accept the possibility that our government could actually be that evil. And yet, you know, if you took the time, I mean, I have books and things that were unpublished by people. You know, I was a part of a community that really dove deep into that whole particular

issue. And I am so absolutely certain of what happened there that, you know, there's just no doubt in my mind. And yet, you know, here's a loyal Midwestern businessman who served in the Army and was a good man. And I told him that. And he, he was pissed off at me. He thought I was way out of line. But, you know, you've got to follow the evidence. And there's enough evidence on some of these things. And obviously, Simon has taken the time to follow the evidence. I look forward to exploring some of those links. Larry, just on that note, do you ever think most people will wake up? Like, does it have to be some sort of major pain point? Or do you think it's always going to be kind of this Pareto distribution, 80, 20, 20 that actually dive in and maybe want to pay more?

You mean, wake up to sound money or wake up to all the broken stuff? I think a lot of people have woken up to the broken stuff. I mean, I know that, you know, my, my 20, young 20-year-old son, 20-plus-year-old son is absolutely convinced that Kennedy was killed by the CIA. He, you know, is very negative on Israel and their role. I mean, and his peer group all gets it, too. I mean, it's, so this is not, you know, I think there's a generational component here. If you're a big, fat, happy boomer who've lived within the system and you've got your wealth and life is good, you know, I mean, I was with one of my investors, very wealthy guy the other day,

nice guy. I like him having a breakfast with him. And I said, you know, how do you feel about the Iran war? I said, well, you know, it's a problem. We're going to have to deal with him sooner later. Might as well do it sooner. I just was like, really? You know, you haven't thought it through. But, you know, it's just, it's not going to affect his life. And, you know, he just reads the papers and believes the narrative. And, you know, so, you know, I mean, they have said death to Israel, so therefore we ought to go attack him. You know, and that's that's not uncommon in my age group, I don't think. Yeah. No, same here with the Canadian Conservatives.

It's quite frustrating that they can actually, they can wake up to some aspects of sound money and government overreach, but that one is just a sacred call. They can't seem to look past or see for what it really is. Before we kind of wraps, I mean, there was one of the thing that I wanted to quickly touch on. We've got the May 14, I think it's May 14th, 15th, China Summit coming up here as well. Is there anything in your memory?

mind that viewers that the audience can be on the lookout for that might signal we're getting that Hollywood ending. Is there anything in particular that you kind of theorize or think might pop up? Or basically, is it kind of one of those things like adult content when you see it, you know? Yeah, I'm not sure. Like the things that these psychopaths are willing to do kind of always It's like that I'm not surprised, but when it actually happens, you're surprised. It's one of those things. Like, I still can't believe the things that they're willing to do. And when it actually happens, so anything is on the table.

My belief is that, you know, the economics don't make sense for this to be a long war. And I don't think a nuclear war makes sense. So the only thing that makes sense is a deal. And when I think about it, you know, I think Xi Jinping, you don't get a press department for China. You don't have politics of trying to win the midterm election for China. And to not believe that these, you know, Iran as a 6,000-year culture that took on the Greek Empire, the Roman emerald. empire and is still there. And China, which has been through the century of humiliation,

dynasty after dynasty, and Russia who's been through, you know, everything that has been through, then you have these long-term leaders to not think that they didn't have a very intelligent long-term plan. I think is infeasible. And I think you can see it executing. I think Russia won the war with Ukraine.

I think China won. the trade war with America. And I think Iran won this war through the closure of the strait of Fomuz. But who really is in charge here? I think it's obvious that the American military relies upon rare earth minerals from China. Iran relies upon oil purchases from China. Russia relies upon sanction relief from China. The Gulf countries rely upon oil purchases from China. The entire world relies upon exports from China. And there are 110 countries that have connected into the SIP's Chinese payment system.

There were 26 negotiation with trade routes and ports between BlackRock and China. And so, and there is a new military industrial complex that has drone missile and new technology and a $1.5 trillion belt and road initiative that's not regime changing, not destroying countries, not telling them how to do things,

just building infrastructure and asking them to buy their products. The fact that I think Xi Jinping is the one that has a real plan and that's the one that was playing the 60 chess. So look out, yeah, look out for that meeting. If it moves, I'm a bit concerned. because it means that we got more destruction and more economic destruction.

If it happens, I'm pretty sure this needs to be wrapped up before then. If this is still going on when that meeting is happening, then there's something I miss and I need to come back here and tell you what I'm going. Awesome. I love it. Simon, tell everybody where they can find you and then Larry, you as well. Yeah, so at Simon Dixon, Twitter on X from when it was called Twitter. And then I publish everything on my YouTube channel, Simon Dixon 21. And in case I get canceled on anything, I back everything up at Simon Dixon.com. Beautiful, Larry.

Lawrence Lepard on X slash Twitter. And I have a website, ema2.com where there's a newsletter that I write quarterly talking about the economic picture. That's free. It's historically you can see it. There's at the bottom of the page, you can put your email. on there and we'll never spam you. You'll get it automatically every quarter. Amazing. And don't forget to pick up the big print. Yeah, oh, yeah, thank you. Yeah, the book explains the monetary side of what's about to happen.

Hey, guys, thanks for watching the video. Just wanted to quickly let you know we're going to be doing our annual Bitcoin Survival Workshop covering how to privately use and acquire Bitcoin, June 28th in Banff. You can scan the QR code or check the link in the description to learn more. We'd love to have you there. If you enjoyed this video with Larry the Pardon, Simon Dixon, please do like and subscribe. It really helps us out. And check out the previous video with macro legends Lynn Alden and Luke Gromyn.