Shaun Newman Podcast - #886 - Kerry Lutz

Episode Date: July 28, 2025

Kerry Lutz is a multifaceted entrepreneur, author, and veteran podcaster renowned for his expertise in personal finance, investing, and entrepreneurship. As the founder of the Financial Survival Netwo...rk, a leading podcast dedicated to helping listeners navigate economic challenges and build wealth, Lutz has produced over 10,000 episodes, earning a prominent voice in the financial media landscape. His show features interviews with top financial experts, covering topics like precious metals, cryptocurrencies, real estate, and global market trends. He is a former attorney with over 40 years of legal experience. Lutz is also an Amazon bestselling author, with his book Viral Podcasting: A Proven Process to Earn a 6-Figure Income from Your Show and has new book out “The World According to Martin Armstrong: Conversations with the Master Forecaster”.To watch the Full Cornerstone Forum: https://open.substack.com/pub/shaunnewmanpodcastGet your voice heard: Text Shaun 587-217-8500Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionWebsite: www.BowValleycu.comEmail: welcome@BowValleycu.com Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.com

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Starting point is 00:02:58 If you're on Spotify, Apple, YouTube, Rumble, X, make sure to subscribe, make sure to leave a review. Make sure to hit the retweet button. Make sure to just share it if you're enjoying it. And it's the month here while I'm off on holidays. So there's no Tuesday episodes for the month of July. And Fridays, we have a guest co-host with twos, and then Thursdays or throwback Thursdays.
Starting point is 00:03:20 So you can shoot me a text. This will be the month where if you don't hear back for me for some time, It's just because I'm spending time with the wife and kids and look forward to being back fully here in August. Either way, let's get on to that tale of the tape. He's a former attorney and host of the Financial Survival Network since 2010 with over 10,000 episodes. He's got a new book out, The World According to Martin Armstrong, Conversations with the Master Forecaster. I'm talking about Kerry Lutz, so buckle up. Here we go. Welcome to the Sean Newman podcast.
Starting point is 00:04:07 Today I'm joined by Carrie Lutz. Sir, thanks for hopping on. Hey, man. It's great to be with you, Sean. You know, I knew a little bit about you, but listening to the breath of your show and the influence, it made me realize that legacy media
Starting point is 00:04:23 is dying an inglorious death, and it can't happen a moment too soon. Yeah, I can't agree with you more. Now, it's your first time on the show. And, you know, there's plenty to get to, including, including, not according, including a book you have that is like, I had this idea. I'm like, oh, my God. Yeah, well, right there.
Starting point is 00:04:48 It's the world according to Martin Armstrong, conversations with Master Forecaster. And I want to hear all about it because, but before we get there, it's your first time on, tell the audience a little bit about yourself, Carrie. Instead of reading off your, you know, your accolades, I prefer to have the guests, you know, point out what's important to the audience. Well, I've been doing this podcast Financial Survival Network for 14 years now. Over 10,000 interviews. I know that's hard to believe, but for the first six, seven years, I just was nonstop grinding out content until I realized I was competing against myself. I'm a recovering attorney author, as you've seen. I've written, I think,
Starting point is 00:05:33 eight books. I'm about to drop one called HOA Emperor. about a guy who goes into witness protection in the U.S. and he winds up in Florida, my state taking over homeowners associations. And the tagline is, the mob was tough, but the board was murder. And so kind of a comedy spoof. And, you know, I've just been into Austrian economics since my early, early 20s. I was in college and I saw the special by Rose and Milton Friedman free to choose. And, you know, it dealt with like Hong Kong being so successful. And why did they become successful? Because they didn't have, they were left to their own demise.
Starting point is 00:06:24 You know, the government, Britain was being so far away. And it gave examples about how the free market worked best. and how things aren't bad until the government starts sticking its nose into things. And that kind of set me down a lifelong path of being a free market person. During the 80s and 90s and early 2000s, life was great, made tons of money, and everything seemed to be fine. So I didn't think much about the Austrian school and Mises and such. But then when the financial collapse hit in starting in 07, 8, 9, that was a wake-up call to me that the system that was constructed wasn't working and that people didn't even know why this thing happened.
Starting point is 00:07:19 Having been in credit, consumer credit matters, myself being an expert in it, I knew exactly why it happened because the system. didn't care about honesty or integrity. It just cared about volume. And you cranked out all these liar loans, no income, no asset loans, self-stated income income loans, you know, liar loans, we call them. And that's why the thing collapsed. And so I felt people needed to know about that. And hence, I started the show back in 2010.
Starting point is 00:07:58 and been going nonstop ever since. So if I do my math correct, so in 15 years, 2010 until now, you've done 10,000 episodes. That's almost 1,000 episodes a year. Well, not quite, but you get the point. That's a lot of episodes. I was doing, well, when I started,
Starting point is 00:08:19 I was doing like, I was working seven days a week. I loved every second of it. I still do. And I was doing three to four episodes a day. So that was, you know, literally 25 episodes for the first year per week. And then, you know, I backed off slowly, gradually. Then I was doing three to four episodes a day, five days a week. And, and I backed off over time. Now I'd do three per week, two to three. If something comes up, I'll do another one. And I've gotten more into writing because you get a little burned out on this.
Starting point is 00:09:03 I still have my enthusiasm for it. I just can't do it like I used to. And then I did some other shows and I produced other shows for people. Had a show called viral podcasting. And like I said, my numbers say like 6,000, but I had 3,500. episodes on another podcast server that when I canceled the show, they all disappeared, which I wasn't expecting. I would have kept it going.
Starting point is 00:09:35 So it's over 10,000. You know, I just think of here in the month of July, we've been doing throwback Thursdays as a way to give me, you know, I do five episodes a week. And to give me a little break to spend time with my family and my wife, we go back and relive, you know, I'm over a thousand now. And I think like when I listen to myself back in the day, I'm just like, oh, my God. Like, you know, but you think there's, there's a thousand conversations and taking in different information. When I hear 10,000, well, that's 10 times where I'm at. Like, how much have you learned
Starting point is 00:10:13 or like maybe what's one of the things that surprised you along the way that you learned in those 10,000? You're like, I would have never known this if I hadn't have done this. Yeah, well, I would have never known how many people were as fed up. with the system and it being rigged as me. I would have never thought that I could stick to anything that long. I usually, it's a kind of change careers. I had an initial family business. I stuck in that way too long, but eventually sold it.
Starting point is 00:10:46 So in that business, I was there for like 16 years, but then I would kind of just switch off. And I didn't think I was going to be doing this as long as I have. And I didn't think it was going to be as successful as it was. When I started, I had come off a legal practice. It was highly profitable. I didn't really need to work for 10 years. And I just did this instead.
Starting point is 00:11:11 And then this took off once I started connecting with mining companies and getting sponsors. And I was always into gold and silver and eventually got into crypto. So, you know, it just takes on a lot. life of itself, right? I mean, it becomes your identity, who you are. I was one of the first people to call myself a professional podcaster. You know, when you talk about gold, silver, crypto, I just, once again, I go in my short time span of staring at the world and trying to make sense of it. You know, I've got a golden silver company who's the major sponsor of this. I don't think that's any surprise in hearing you talk. I'm like, well, probably, you know, it shouldn't be a surprise to me
Starting point is 00:11:56 either that that was on your journey as well. You know, across all those things, how did you begin to figure out? And I don't like the word conspiracy theory because I mean like right now, you know, what's the running joke six months and it's it's fact pretty much. But you know, like across your your journey of 15 years of doing this, how did you start to decipher what's actually really happening? what's, you know, kind of noise off to the side. All right.
Starting point is 00:12:29 So I should have worn my t-shirt that says, I identify as a conspiracy theorist. My pronouns are told you so. You know, I don't like to get too deep into the conspiracy of like Rothschilds and that it's all been contrived, but everything is a conspiracy. When you go back to Lincoln, you know, there was a whole. conspiracy involved to take him out dealing with Canada and the UK, you know, with England. England helped foment the United States Civil War in an effort to break up the colonies
Starting point is 00:13:10 and kind of reclaim part of it. So maybe Trump trying to take you guys over is just flipping the script on a conspiracy that was long since exposed, but is forgot. now. So many things are conspiracies. You know, like conspiracy theory itself was a term that was created by the CIA to attack people who questioned the findings of the Warren Commission. And there's a conspiracy, if ever there was one. You know, the whole war paradigm, you know, like war as a racket, Smedley Butler, most decorated Marine General in history. He said that back in the 20s, and he was involved in every major U.S. military action from the 1880s on to World War I.
Starting point is 00:14:12 And there were dozens of them that really don't get explained or covered very much in the history books. but, you know, the United States invading Costa Rica and I think Nicaragua over nationalizing banana plantations, gunboat diplomacy, where the country doesn't pay his debts, and we send the Navy out there as a collection agent. And he just said, basically, Smedley Butler, that he was a muscle for private interests who were basically, you know, conducting these things. U.S. was conducting national policy to further the interests of a few wealthy people here. And, you know, I could get on and on assassinations. all of this, Lee Harvey Oswald, he was in all likelihood of government asset. My parents always said that LBJ was responsible for it, because before the Warren Commission was just, that was a classic one, or the attempt on Ronald Reagan's life, or the attempt
Starting point is 00:15:35 on Trump's life, you know? It happens over and over and over again. So I don't want to say that there's been one, you know, conspiracy taking place and everything's a part of it. That far I'm not willing to go that there's this Illuminati who are running things. But I will say that things happen and there's a lot of unexplained, incidences in life. And, you know, when you look at it, it's just pattern recognition. Like, I made a call on May 26th that there would be George Floyd riots 2.0 brought on by
Starting point is 00:16:24 immigration enforcement in the U.S. by ICE raids, taking out the illegal alien criminals. and 10 days later, L.A. riots erupted. I mean, I totally nailed it, but I didn't nail it because I could see the future. I nailed it because I could see the pattern. And, you know, like the George Floyd riots were purely manufactured, that was a conspiracy. It was in place just waiting for the right video to pop up of the police, you know, beating some poor black guy or whatever, that was totally contrived. And then, you know,
Starting point is 00:17:10 you start looking at cases as a lawyer that go before the Supreme Court and they're contrived. They aren't really disputes, Roe versus Wade. So I don't want to say that everything is a conspiracy led by a few key families in the world. But I'd say, say that there's a lot of separate conspiracies going on that, you know, kind of rambling on here a bit. But if you think it's a conspiracy, if the explanation is just too pat, too clean, there's no coincidences in life, you know? So the odds are, that's the case. Other times, conspiracies happen after the fact because never let a crisis go to waste, right? right? Never let a good crisis go to waste. So like the financial collapse of 07 through
Starting point is 00:18:10 09, I don't know that that was really contrived, but I think it was opportunistically glommed onto and made a conspiracy after it happened. It was too convenient for the powers that be to let that go by without getting tons of, you know, billions and billions of money. You know, certainly you could make the argument that the pandemic was a scam-demic, right? Nobody can argue with that at this point. I don't think. I don't know.
Starting point is 00:18:47 What do you think about it? What's your feeling about conspiracies here, Sean? Well, it's, I go, you know, like, I, you know, I used to be a little more engaged in how I looked at things, but then I lived through COVID, you know, and I talked openly about, just brought on conversations about it, right? And watched how society unraveled or authoritarianism tightened up. You know, just this week, we had, you know, a friend of the show, Evi Chippeke, a lawyer here in Canada,
Starting point is 00:19:21 get debanked from one of the major banks in Canada, said she's too risky. And you're like, so you can go, oh, that's a one-off, except it's not. It happened. to someone else, you know, and it happened to other people. And, and, you know, if you go back to when they froze the bank accounts, these, this isn't, this isn't a one-off anymore. This is, you can, you can see, um, you know, I, I like what you said there, the, the, the pattern recognition.
Starting point is 00:19:47 Once you start to see it, Martin always talks about the cycles. And, and the pattern recognition of it doesn't allow you to see the future, but you can start to see where we're heading, which would be predicting. And, you know, I, I guess, you know, one of the lines that, uh, I, I threw on my, my, my sheet was, it's all about what's next. That's, you know, one of the things you love to say. You know, where we're sitting, what do you see carry? Like what, what, you know, what patterns are you spotting that people should know about? Okay. Well, uh, certainly continuing currency debasement. You, you don't need to be, uh, Martin Armstrong or Milton Friedman to figure that one out. And all corruption leads from corrupt money.
Starting point is 00:20:32 You know, it all comes from that because you can trace it back to the family, the demise of the family in the West. Before we had inflation, a guy could, you know, have a middle class job, support a family, own his own homes, save some money, and basically lead a middle class life. now both parents are working both families are working i mean both mother and father they got to like either send their kid to daycare or have a nanny or something or the kid or the kid's a latchkey kid like i was and uh the idea of not having the steady parental figure at home i'm not saying that it doesn't work, but if it's not planned for and controlled is a disaster. And you look at our inner cities with one-parent families, I guess Canada to a lesser extent than the U.S., but it certainly is happening there. And that is the demise of these cities where they offer the best benefits
Starting point is 00:21:46 and they encourage bad behavior. And, you know, that's a perfect example. of what inflation does, how it debases a society, once you move away from sound money. You know, certainly the war cycle, it's going to go on, but I'm not as pessimistic as Martin is about it. I just don't think it's going to go full out World War III, but I'm certainly open to the possibility. I do believe there is a thing called divine providence, which has the ability to overrule cycles and patterns. And I think one of it happened on July 13th, 2024 in the U.S. on the attempt on Trump's life. You know, I had seen a prophecy from a respected Vedic astrologer who said between July 1st and July 11th that there would be a political assassination. He was two days off, the guy, but it didn't happen.
Starting point is 00:23:02 So there is always the chance that even though the patterns, the cycles, everything, affirm that it's going to have. it doesn't happen. Unfortunately, you don't really know that. And, you know, Martin could very well be right. I never want to argue about it. I mean, for instance, I saw 12 or 13 things that he said in the book that came true. I put it in the AI and there were 18 things. Now, some of them predated the book, but they're mentioned in the book. But even when I first talked to him in the 2011, he said the Dow was going to hit 2, what do you say, 23,000, I think, by 2018, and it did it in 2017. So, you know, there were things that I even missed, and I wrote the book of what he called. So I never bet against Marty because his record is better than anyone else is out there.
Starting point is 00:24:13 And, but, you know, like talk about conspiracies. There is a conspiracy against him, and I'm sure you've seen it where on the YouTube, you get like a zillion trolls throwing shade at him, you know, throwing dirt, saying, you know, talking about his stint in prison and all these. things as if they matter as if they make any difference to what he happens to be saying at the time that's a conspiracy well who's behind it i don't know but one thing i do know is governments don't like when there's a guy who can just say this is going to happen on such and such day and then it happens because it destroys their narrative that nobody could have seen it coming nobody could
Starting point is 00:24:59 have seen the crash of 87 coming nobody could see the unpaid of the euro from the frank. No one could have seen Russia's collapse or the crash of the UK of the English pound. No one could have seen that except somebody did. That's what makes Morton dangerous, not so much that he calls these things. It's that he undermines the contention, the narrative, that all these events are random and aren't cycles. Now, I'm not going to say they're the result of conspiracies. Some of them certainly are.
Starting point is 00:25:36 But for the most part, they're the result of cycles that are very predictable and foreseeable. Well, one of the things I had Martin up here in Alberta in May. He was on stage for me. And I got to show for him around for a day, which was, well, something I won't soon forget. And I was picking his brain. And I've said this lots on here. and I said it on stage. And, you know, I didn't know who Martin was until 2020.
Starting point is 00:26:07 And showed it to my three older brothers. We were listening to Michael Campbell's conference of money talks. And Martin started talking about 2032. And I walked down like 2032. I mean, that's 12 years later. What the hell is this guy talking about? Since then, I've had Martin on the show an awful lot. And I was just, I guess, you know, back then I was like,
Starting point is 00:26:31 how on earth is that going to get to where it is? And then you sit in 2025 and you go, oh, you can start to see it. Your thoughts on 2032, only being seven years away, and maybe some of the things people should be paying attention to, probably financially would be the best spot, Kerry. But if there's other things you think are worth noting, fire away. Well, first, I'm a gold and silver guy through and through.
Starting point is 00:26:56 I've been buying gold since 1999. and silver I stacked up on after the crash in 08 and 09. So I'm well ahead. But, and I was kind of resistant to two cryptocurrencies. But, you know, like I've seen the light here. And I think that cryptos are going to play a vital role here. I don't know how yet. Okay, that I don't know. But I see it more and more every day. And to the point now, Sean, where basically half the Republican Party's contributions are coming from
Starting point is 00:27:46 crypto-related interests. No wonder they're so pro-c crypto, huh? How's that for a conspiracy? Talk about conspiracy theories. I think the U.S. is going to attempt to inflate Bitcoin to 50 million a coin. It's holding hundreds of thousands. We don't even know how much they're holding. And if what Marty says is true that Bitcoin was created by some alphabet agency, then they could be holding a couple million coins. You get that thing up to 10, 50 million. And it's not hard to envision because, Sean, if you had invested 10 cents into Bitcoin back in 2010, it would be worth about $119,000 now. So that's a million-fold return in 15 years.
Starting point is 00:28:42 Nothing is human history has ever done that. So to think it might go up a thousand fold more from here or 100-fold fold? it's not beyond the realm of of credulity to think that. And then they're sitting on all this Bitcoin and they just use it to pay off the debt and recapitalize some entitlement programs and then walk away from it and say, America, you're on your own now. We've done our part. I'm telling you, it's like this is the great reset.
Starting point is 00:29:17 Yeah, and it's interesting because a lot of people, certainly myself, you know, when it came to crypto, I've been hesitant up until, well, I don't know, I've known lots of different Bitcoiners over the course of the show's run. And I've brought them on. I've tried to understand it. And I'm still trying to get a better grasp of it. One of the things lots of people tell me is, I can't get into it. It's way too high now. And I'm like, but then I listen to you. And I'm like, I don't think people understand how high Bitcoin can go. Like, I just don't think they grasp that. They see 100 and I don't know where it sits today, but you know, it's in the range of 115,000, 120,000 US.
Starting point is 00:30:00 There you go. And so people hear that and they go, oh, I miss the boat. When I listen to you, I go, miss the boat. The boat is still here. It's not even departed yet. No, it's like, here, listen, listen to what chat GPT says, why. and I asked it to direct it directly to you. Hey, Sean, you've had some sharp guests on lately talking about the monetary system,
Starting point is 00:30:27 but here's the simple truth. Bitcoin is the future because trust is broken and code doesn't lie. For decades, we trusted central banks to preserve purchasing power. Instead, they gave us weaponized inflation, asset bubbles, and fiscal addiction with no exit plan. So, and then it talks about enter Bitcoin, fixed supply, 21 million, no central bank, no printing press, no bailouts, verifiable, transparent, parent, borderless, immune to politics, bank failures, and Jerome Powell's mood swings. You've got to admit the thing has a sense of humor, Sean. It's digital property with the scarcity of gold and the portability of email. It's not just more. money, it's exit velocity from a debt-soaked fiat system. Ask Argentina, ask Nigeria, ask Canadians who saw their bank accounts frozen for disagreeing with Trudeau. Bitcoin is monetary
Starting point is 00:31:32 independence in code form and it's already replacing gold as the safe haven for the next generation. That's your generation. Because I got a couple on you. If you think the system is rigged, and I know you do, Bitcoin isn't just the future. It's the escape hatch. It signed it with my name, but this was Chat GPT telling you that. All right. So, and I consider it in many ways, it's the sum of human intelligence to some extent with its own lens and its own distortions.
Starting point is 00:32:05 But that's what it came up with. And if I had read that 12 years ago, I wouldn't say I'd be retired. But my economic situation, I would be a Bitcoin whale. Like my friend Trace Mayer, who just opened a family office, he never sold any of his Bitcoin, told me to buy it at five bucks. Yeah. So there it is, man. But a lot of this is being driven unconsciously.
Starting point is 00:32:39 Like you know something's wrong. Like you and I study it. So we get it. But the average normie, as we call them, goes to the supermarket and says, why the hell did my beer just go up 50 cents when there's no inflation? You know? And they know something at a gut level is wrong. And then they start, this starts you down the path.
Starting point is 00:33:05 You know, I was just trained to distrust the government and the economy and everything. and then being a lawyer, one of the things you trained in, at least I was, was lie detection. And man, like, you can't keep up with a number of lies coming out of our world's capitals here, our politicians. It's all lies. You talking about Bitcoin, but then you brought an AI
Starting point is 00:33:37 to explain it, which it does an exceptional job. And certainly, I've seen the benefits of AI. I don't think of a, you know, I've ran into a single podcaster at this point that doesn't use AI in some form or shape. Where do you see AI going in, you know, in the next, well, once again, to 2032 beyond. Because I love how you just put that in and then you're just like, this is what it says, you know, and you read it off. You're like, if you're listening to that, you go, man, alive, you know, you can try and argue with what it just said. But that's pretty coherent. where are your thoughts on AI here in the in the in the in the in the in the in the
Starting point is 00:34:17 come this is the scary part in my opinion it's scarier governments will be governments assume that we're always going to be on the brink of world war three that's since i've been a kid since i've been alive since we were ducking and covering in the auditorium like that was going to protect us from a nuclear blast uh we've always been on the brink so assume that we're not going to go over it or it'll be a controlled burn, whatever, or maybe the conspiracy is to reduce the world's population by 90%. I don't know the answer to that. But AI, it's the great equalizer, but it's also the great disruptor. And I have a Tesla. I'm not ashamed to admit it. I got it because it's a cool car,
Starting point is 00:35:06 nothing to do with its green aspirations, which I don't buy into anyways. But in the U.S., the largest segment of employment in the United States is driver. 10 million people are drivers, whether they're Uber drivers, truck drivers, you know, limo drivers, their drivers, deliveries, Amazon, 10 million people. And the FSD is to the point now, it will be within the next six months. it's going to eliminate over time all of those jobs. When I asked AI about it, it said in 10 years, you will be perceived as an insane person
Starting point is 00:35:58 for wanting to drive your own car and you'll be banished. You will be just ostracized for wanting to drive your own car. for what right now is the most normal of behaviors. So driving is just like, forget it, unless you live in an inner city and you take mass transit all over, but for most of us in the world here in North America, driving is fundamental to our day-to-day existence.
Starting point is 00:36:29 So if it's going to change that, and I look at how it's changed over the last three years I've been having the full self-driving, initially it would get you killed. if you just rely, you couldn't rely upon it. Now, 95% of the time that car is driving itself. And I am, I'm just along for the ride. So that's just one thing.
Starting point is 00:36:52 And it's happening so quickly, the improvements, incremental improvements on the full self-driving are happening so fast now. Like over six months, it's probably 10 or 20 times better than it was the prior six months. In another six months, it could be 50 to 100 times. But the only thing is, the only requirement for FSD to be widely adapted is it just has to drive better than humans. I would argue that it's done that already in many cases. But in the next six months, it'll be in virtually every instance it's better driver. Like I get onto I-95 here.
Starting point is 00:37:29 That's our highway of death in Florida. And I get on there late at night, nobody's on the road, get into the left lane, set it to 85. $85 miles an hour and, you know, it gets me home in 25 minutes. It basically brings me to my front doorstep now, except that the only thing is in my HOA, it has a thing about gates. Sometimes it recognizes them and sometimes it doesn't. So I know I got to hit the break to stop it when we get to the gate. So, you know.
Starting point is 00:38:07 Are you saying then? if I'm so this full self driving. So like where where you're talking about in 10 years, you'll be an insane man to be driving yourself. Yeah. Which means, you know, like if I think about the, the trucking industry in particular, how we get goods and, you know,
Starting point is 00:38:28 goods across this continent. What you're pointing to is eventually it'll be autonomous, right? Because it'll be safer. And you, It only takes one bag car wreck. And I just point back to, um,
Starting point is 00:38:44 here, uh, in Saskatchewan, when, when the humble bus crash happened, the semi went through a bus killing, you know, way too many hockey players,
Starting point is 00:38:52 young, young, young men. And, uh, that shook the nation. It takes something like that where a full scale adoption will happen rapidly.
Starting point is 00:39:01 The technology will be sitting there. And not overnight, but it'll feel like that. You'll just see trucking companies switching. switching to it and they'll make obsolete a whole industry of drivers. Yeah. Here, here, I just typed it. I don't mean this to be an AI.
Starting point is 00:39:20 You're talking to the AI, but here, 10 years from now, people who want to drive their own cars manually in a world rapidly dominated by FSD, full self-driving adoption, will face a mix of legal restrictions, social pressures, and geographic content. Here's what's likely coming. Manual driving will be treated like smoking. Regulations will stack against you. Urban bands on human driving. Car culture will shrink but not die.
Starting point is 00:39:51 Narrative manipulation will play a role. Think about that. So it's for your own good. We're keeping everybody safe. That's why you aren't allowed to drive your car. Of course, they'll be able to restrict your freedom too, right, Sean? I mean, they'll be able to say where you can
Starting point is 00:40:08 go and when you can go there. And it's like, oh, you know, I want to go take a nice trip with a family and go, go past Area 51 and check out Roswell and say, no, forbidden area. You can't go there. Sorry. And it takes you on another route. Well, that's a wild thought. You know, like I just think last summer, three young kids, why we spent 24 days on the road. We drove the United States. States, right? And even this summer, we just got back from Michigan. We drove across the Lake Huron and spend some time there and drove back. And you think if all of a sudden you become restricted, what type of world is that? That, you know, because an automobile has really represented freedom, freedom to go wherever the heck you want, whenever you want. Yeah. And the
Starting point is 00:41:01 politicians have hated it from day one, you know. It's like, it's too hard to control a population that's free to do whatever they want. Here's what's a narrative manipulation will play a role. The media will portray manual drivers as dangerous or selfish as they once did with anti-maskers. Expect op-eds like, why letting grandpa drive as a threat to public safety, or should you be allowed to drive when AI can do it safer? I mean, is this hard to like foresee? No, it isn't. The sad thing is, Carrie, maybe not the sad thing. I guess just we've lived it. I mean, I lived it. So it's not like, it's just how long until that become, you start to see the, the pattern of it starting to creep in
Starting point is 00:41:51 more and more and more and more. And then what event happens where it becomes full scale adoption almost overnight, except that's the whole thing about seeing the pattern. It'll feel like overnight, but if you've been watching the pattern, the fact you're bringing it up right now is probably the start pattern, right? I'm going to start to see it more and more. And that's where AI comes in. It's your great equalizer because using AI you can see those patterns. And, you know, it isn't always right. It can't predict the future, but it can recognize a pattern.
Starting point is 00:42:25 And it's just like with the crypto. And so the AI is going to change everything because, like, let's not even talk about robots with AI. Okay, but they're coming, and that's going to be huge. But just brain jobs now, like a loan underwriter, company security analyst, financial analyst, all these things, it's just going to upend. And, you know, I think the Trump White House has been using AI. I call it Trump GPT, has been using AI. Throughout the second term, which is why it's been so consequential. You could argue about policies.
Starting point is 00:43:13 I believe me, I'm no fan of government control and debt, escalating debt. But there's other things I am. I do approve of every president's a mixed bag. Every government is. But to pull off what they pulled off as quickly as they have, it could have only been done by AI. the confidentiality, nobody has talked or leaked these plans before they happened. That to me is the biggest tell that AI was involved. Why? Why the confidentiality? Why does that signal you
Starting point is 00:43:57 AI? Because loose lips sink ships. Ordinarily, to pull off that number of executive orders, it would have required, like, a medium-sized law firm working nonstop for two years. All right. But, and that would have certainly led to leaks. But regardless, confidentiality agreements and all that, they get broken all the time. So, fact is that they're able to do this. Like, no sooner did Trump take his hand off the bottom? Bible getting sworn in. He was signing executive orders. Each one of those is hundreds of hours of work
Starting point is 00:44:43 here. It's not like you just write something and said, this is it. Proclamation. It's got to be harmonized with the law and effect and prior executive orders revoking them and treaties and executive agreements. So you're basically saying that it points to AI because, you know, would have taken a team of, let's say, 20 people. It doesn't matter if it was 200, but let's just go with 20. And by effect of using AI, it could have been three. And that's just 17 less lips to go spread what they're about to do. Yeah, yeah.
Starting point is 00:45:21 And, you know, like I think his trusted circle, you know, and he's got them in there now. They're in the cabinet. Some surprises in there. But those people aren't saying anything. One other thing here before I let you out, just going back to the war cycle, one of the things that we've been talking about in, I don't know, over the coffee table, I guess, has been the amount of talk about drafts, like military drafts coming in. Do you foresee that happening in the United States or North America? No, I mean, I lived through Vietnam.
Starting point is 00:46:01 I was young. My brother was of draft age. I'm actually working on a book called Draft Dodgers, which is going to be the history of conscription, going from ancient times, the wall of China that was built by conscripted labor, to present. And, you know, the way that people got out of serving in Vietnam, a lot of them moved up to Canada.
Starting point is 00:46:26 My parents were willing to send my brother up to Canada. But my father managed to get him into the National Guard. So he just put down riots in Louisiana instead. Yeah, like certain countries, it's acceptable. It's no longer acceptable in this country. And it becomes an economics thing, too. If jobs are scarce, then more people join the Army and the armed forces. and you know the composition of the armed force is different than it used to be i think
Starting point is 00:47:04 because now that it's volunteer it's a volunteer army i mean there's still kids that are get into trouble and the judge says either you go to jail or you go to the army take your pick that happens in the u.s um it's not as out there and open as it used to be like that was a prime recruiting method of the army you get into trouble as a kid you could go to jail or you could go sell yourself to uncle sam and i guess to some extent it still happens but it's not publicized and you know like and with many of these kids with no fathers and such going to the army is the best thing that could have ever happened to them. But, you know, it's kind of like student loans. They don't really explain all the potential risks to you when they present the loan package, you know?
Starting point is 00:48:04 So, but I don't think in certain countries, yes, certainly it's worked really well in Ukraine and Russia, right? And it just pisses off the populace and leads to problems governing. So it's at last resort under any circumstances. Well, if I read between the lines of what you just said on how they get basically numbers in military to go up, you have people without jobs. Well, if you go down the road of where we're heading, there's going to be people out of work. They're going to be looking for things. If you look at the other idea of like you can go to prison or you can go serve, if economics or people's financials, essentials go in the toilet, which we could both probably agree that that's where it's heading,
Starting point is 00:48:55 we're already there. That would be an idea as well with getting around the idea of straight on conscription of a military draft. And all those things are at play where you could boost numbers of a military, I would think. Yeah. Oh, for sure. And you know, you just maybe think of something, you know, that people without jobs, economic collapse, universal basic. income, all of that stuff. It's all it's all on the table now, you know. Yeah.
Starting point is 00:49:31 I remember hearing the first time I heard universal basic income was a Joe Rogan podcast back in 2018. I thought that was an insane idea. And yet, but here we are in 2025. And it's become, you can just see the tea leaves of them starting to seed the idea more and more and more. And when you talk about pattern recognition, I mean, you can just see where it's heading. And whether that's in 2027 or 2032 or 2040, it's going to become more and more of an idea, especially you play out some of the ideas we've been talking about today.
Starting point is 00:50:03 There's no other way. I'll just leave you with one thought. There's a story. It's apocryphal. A guy in Berlin in the 20s. He's a bellman at a hotel, an American guest at the hotel. is so grateful for his great service. He gives him a $20,
Starting point is 00:50:24 Eagle, Gold Eagle, Double Eagle. And a year later, after the Weimar Republic, the currency collapse, that Bellman bought the hotel for that one gold double eagle. Think about it now. If you own a tenth of a Bitcoin, it's roughly,
Starting point is 00:50:48 $12,000 and after whatever is going to happen is going to happen you might be able to buy up the entire block around you because it'll be that precious metals gold, silver,
Starting point is 00:51:07 Bitcoin, maybe Ethereum will be a currency as well. You're never going to use Bitcoin to buy to go to your Starbucks or your Tim Hortons to buy a cup of coffee. It's too valuable for that and it's just not going to be used as a medium of exchange. But as a store of value, I think that's where it's going to be.
Starting point is 00:51:31 Carrie, appreciate you hopping on today. I hope it won't be the only time, but I appreciate you hopping on and give me some time this morning. Hey, great. It's really fun. And I hope you'll do me the favor of coming on my show one day soon and left have you on. We'd love to do that. Thanks again, Kerry.

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