TFTC: A Bitcoin Podcast - #421: Rejecting The Great Reset with Michael Rectenwald

Episode Date: May 17, 2023

Marty sits down with Dr. Michael Rectenwald to discuss the The Great Reset, stakeholder capitalism, CBDCs, and asserting autonomy against a neo-feudal future. Michael's website: https://www.michaelrec...tenwald.com/ Michael's Mises presentation: https://www.youtube.com/watch?v=WGg9j-qCNt0 8:07 - Michael’s presentation on Great Reset 10:29 - Stakeholder capitalism 14:15 - ESG leads to corporate rule 18:32 - Mock the rulers 20:23 - Neo-techno-feudalism while infrastructure breaks 24:03 - Refusing CBDCs, Bitcoin and gold 27:21 - Bitcoiners at Mises and Bitcoin FUD 29:45 - The lies are being noticed 32:28 - Control through social credit and social perception 36:55 - The letter agencies cause the problems they claim to solve 38:04 - Asserting autonomy 44:37 - Bank failures will be the CBDC trigger 46:42 - Defending against ideological onslaught 51:05 - Fighting evil 54:20 - Wrapping up, plugs Shoutout to our sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unchained⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠River⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠CrowdHealth⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Bitcoin Talent Co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TFTC Merch is Available: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Shop Now⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Join the TFTC Movement: Main ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YT Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Clips ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YT Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow Marty Bent: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podcast⁠⁠⁠⁠

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Starting point is 00:00:00 what's up freaks it's your boy marty here to introduce this rip of tftc tight rip very dense logan what'd you think great rip i thought you're going to get more color than that first it's not enough now it's not colorful enough i just expect more an orange rip an orange rip speaking of rips got to read the top four boosts in the last two rips. RIP 419, Feddy is connecting communities with freedom technology
Starting point is 00:00:33 with Obi Nwasu. At Eric99, 50,000 sats, be aware. Thank you, Eric. At Vake, 1,500 sats, pro-Feddy,
Starting point is 00:00:42 anti-Feds. Same. At Mark C, 500 sats, Morgan Freeman, who? And at Rabbit Hole, red pills,
Starting point is 00:00:51 500 sats. Excellent show, Marty. Looking forward to what Feddyments could bring us. And for RIP 420, blaze it freaks uh powering live streaming with sats ravita with lyle pratt we have two boosts we put that out yesterday so the booster coming in a bit slow at eric 99 50 000 sats be aware
Starting point is 00:01:11 thank you eric and at unit of acc 121 sets pound drum boost and a cheers emoji two mugs cheers and cheers to you freaks who are contributing via the podcasting 2.0 value for value model if you're streaming of sats boosting of sats we thank you we appreciate it you can do that on apps like fountain breeze podverse uh zeus's echo albie as well appreciate the support if you can't support directly with sats via streaming or boost you want to support the show give us a like a subscribe a rating a review wherever you're listening a little bit goes a long way trying to blow this up truth for the commoner trying to get the truth out there freaks you need to spread the truth i'm turning into a cult now we're a cult now and i am your leader you need to go spread the word
Starting point is 00:02:02 logan bow down don't bow down i'm kidding i'm doing it i'll get the switch you can you can see me doing it right i'll get the switch i'm kidding we're not a cult maybe and i didn't actually bow down if you guys want me to be your cult leader i'll think about it yeah kill your heroes i shouldn't be one uh this room is brought to you by good friends of river shout out to river announced their series b this morning raised 35 million dollars by kingsway peter teal is in on the deal it's to help them expand their operations their bitcoin company built by bitcoiners for bitcoiners they build all their infrastructure their wallets their multi-sig hold storage their exchange they don't have any third-party dependencies like prime trust they build it all
Starting point is 00:02:53 in-house they're doing it the right way they're trailing trailing blazing the trail that's what i want to say blazing the trail they're not trailing the blaze they're blazing the trail with their lightning stuff as well you can send and receive over lightning over river they've lightning river lightning services which an api you can build on and they have mining as well so if you're looking to get into the mining industry you can see right here on my block clock if you're watching this the average fees per block over the last 2016 blocks has been one and a half bitcoin more than that revenues are going up asics are still relatively cheap if you're looking to buy an asic plug it in with a hosting agreement river
Starting point is 00:03:35 mining can take care of that for you so go to river.com slash tftc set up an account get your dca going if you get a dca going you're not gonna pay any trading fees on that uh get a miner get it plugged in again cheap to get miners revenues going up take advantage of it river.com slash tftc this rip was also brought to you by our good friends down the hall unchained unchained is here to help you eliminate single points of failure in your custody model with their vault product which are two or three multi-sig you hold two keys unchained holds one you always have control of your bitcoin you also eliminate single points of failure you have your two hardware wallets your backups to those uh and unless you lose all four of those things lose all four of
Starting point is 00:04:21 those things are screwed but the unchained team their concierge team will walk you through how to properly protect your hardware wallet your backup phrases and to eliminate those single points of failure they have their trading desk as well so if you're looking to buy bitcoin if you're an institution an individual a company that wants to buy bitcoin a smaller amount or a very large amount. Unchained's trading desk is here to help you do that. And if you have a vault set up, when you buy the Bitcoin, it's going to go straight to your multi-signal storage. You don't have to do anything. You don't have to get any wallets. You don't have to paste any addresses into the platform. Unchained never holds your Bitcoin. You do. It's the beauty of it. Go to
Starting point is 00:04:57 unchained.com. Tell them the TFTC sent you. This report was also brought to you by good friends at CrowdHealth. CrowdHealth working hard out here in the Bitcoin commons. And they're bringing Somerton back to healthcare. Uh, again, I've been using it. If you listened to the Lyle episode, uh, my son had a rock in his ear and we had to get it taken out. We had to go to the doctor. We had to go get a procedure. We got the bill. We brought it to crowd health. They negotiated the price down. Uh, uh, we paid the first $500 and then it got crowdfunded immediately. It was an incredible experience. We had our health advocate, uh, Jasmine, who was there to walk us through the process, make sure that we were comfortable with everything that was going on.
Starting point is 00:05:36 she was calling the the doctor in the hospital and it was a seamless experience it's cheaper than health insurance more personal than health insurance uh it was it's just the way it should be done if you're looking to take sovereignty over your money you should look to take sovereignty over your health care as well crowd health is here to help you do that go sign up today if you're On Cobra, if you're paying insane amounts for the government health care, opt out via CrowdHealth. Go to joincrowdhealth.com slash TFTC. Sign up, and your membership fee for the first six months will be $99. Great deal.
Starting point is 00:06:15 Joincrowdhealth.com slash TFTC. Last but not least, this report was brought to you by good friends of Bitcoin Talent Co. Bitcoin Talent Co. has an internship program going on this summer. So if you're a company in the space looking for interns, definitely hit them up. Go to bitcointalent.co. tell them the tftc sent you get plugged into their internship program and then beyond that if you're a company like river unchained who's recently raised a bunch of money you're looking to hire and fill positions and you're looking for a recruiting firm built by bitcoiners for
Starting point is 00:06:43 bitcoiners a recruiting firm with individuals who understand the nuances of the different layers of bitcoin whether it be multi-sig mining lightning go to bitcointalent.co tell them the tftc tftc sent you, get onboarded, and they're going to help you find the best talent in the world. Likewise, similarly, if you are in the tech sector, in the banking sector, in finance, in engineering, you're looking to get into Bitcoin, you don't know how to get in, go to Bitcoin Talent Co, get set up with them. Obviously, they're going to have all these companies on the one side of their marketplace looking to find you the talent. And so this is the best way to get connected with those businesses. Go to bitcointalent.co and enjoy
Starting point is 00:07:27 this rip with Dr. Michael Rechtenwald. tripping over themselves to devalue their currency, Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor. I mean, that's part of the bull case for Bitcoin. If you're not paying attention, you probably should be. Dr. Michael Rechtenwald, welcome to the show. Great to be here. Thanks for having me, Marty. Well, I'm going to give a shout out to one of the listeners of the show who DMed me and sent me your recent presentation for the Mises Institute on the great reset and the
Starting point is 00:08:24 grand refusal which was incredible by the way if you if you freaks are listening you should definitely go check out that presentation went up on YouTube a couple weeks ago but I think it's really important to get the message that you did in that presentation out which is the elites if you will the Davos class many people want to paint others who say hey these people have nefarious intentions as conspiracy theorists or kooks but i think in your presentation you laid it out pretty plainly that if you actually listen to what they say what they write and how they posture they do have nefarious
Starting point is 00:09:03 intentions yeah at least they're nefarious as far as we're concerned uh they don't think they're nefarious they think they're doing good i believe i um i think they believe they are benign dictators uh benevolent dictators but uh yeah i think they're nefarious by the way when you go to search for that video you've got to put in the full title or it won't come up because youtube has squelched it they have shadow banded it's the great reset and the grand refusal if you don't put that whole thing in you will not find that video i actually had to do that uh we can't find it searching my name either it's it doesn't come up and i'm not sure if you've seen there's a there's a fact check below it too about the great yeah with wikipedia page yeah
Starting point is 00:09:52 which is a good sign i think showing that you know i'm over the target there uh because they don't care if uh uh most most presentations they don't care about if it's not endangering the agenda which i think uh when you start talking about refusing the great reset and you give specifics as to how to do it i think they really start to uh get concerned because they don't want any kind of fallout they don't want any kind of resistance to this project yeah and so what do think their intent is with this project or what is their intent with this project well the project is really meant to usher in the u.n's uh agenda 2030 uh sustainable development goals and uh i will you know we could talk about those goals in a minute but um and the means by
Starting point is 00:10:52 which they're doing it is through what they're calling stakeholder capitalism and stakeholder capitalism is a regime to reset the economic order from so-called free market or what they call neoliberal capitalism to this new rigged system of stakeholder capitalism. Stakeholder capitalism supposedly benefits all stakeholders in society, but really it benefits the compliant corporations, those become the stakeholders that matter. Everybody else has no stake and no say in the matter whatsoever as to what stakeholder capitalism will bring about. We have no choice. We didn't vote on the ESG scores. We didn't vote on whether we think the Paris Agreement is acceptable or that we should accept that. Society did not register any votes on any of these
Starting point is 00:11:52 issues so it is not like this is we're getting a stake so every like everything else they say the world economic forum and the un for that matter uh it's double speak and euphemism for what really is intended there and what's intended with a stakeholder regime is a kind of cartel scheme. I call it the woke cartel. And they are attempting to drive all business, all capital away from the non-compliant and to the compliant. They intend to starve all of the non-compliant out of existence. And that would include most small business because a small business cannot cannot comply with this stakeholder regime they don't have the resources to do it they cannot comply with the ESG it would take a whole department of employees and so forth to
Starting point is 00:12:53 track all this nonsense and so the big the main objective there is a kind of shared monopoly scheme or a cartel scheme, which effectively destroys various businesses and directs all capital to these preferred producers. So that's why I've called it corporate socialism and capitalism with Chinese characteristics. And what I mean by that is that in China, You have this upper-class oligarchy, corporate oligarchy, and you have the state in collusion with that oligarchy. Those are the preferred and favored and allowed producers.
Starting point is 00:13:42 And then you have, you know, basically a kind of socialism on the ground for the vast majority. uh so you know this is not an argument about china's economy as such it's more of an argument about the model and it's not about china taking over the world it's about using china as a model for the world yeah it almost feels like we're under somewhat of like a maoist color revolution here in the united states these days and that's part of it for sure yeah and like you mentioned And the compliance part of the thing, they like to use the word compliance and its positive connotation as a way to be like, yeah, you want to comply. You want to be good for the environment. You want to be a good capitalistic stakeholder.
Starting point is 00:14:29 But really, when I hear the word compliance, I just hear increased cost, which gets to your point that small businesses in America will be completely decimated. Increase cost and control, right? Because this is basically a strong arm technique to control industry. And it is also an end around democratic processes. No matter what you think about democracy, this is an end around democratic processes and legislation, as a matter of fact, because this is kind of a pre- or extra-governmental legislation system where they're implementing things without governmental approval. They don't need governmental approval for this. All you need to do is get all these corporations on board, and the WEF has over 1,000 corporate sponsors to its agenda. This is what's little known. People say, well, the World Economic Forum, they don't have any power. They're just a bunch of buffoons and globalists talking dreams in their meetings.
Starting point is 00:15:42 Now, they have a tremendous amount of power because they have coordinated this system, and they've gotten all these corporate players on board, and they have rammed the ESG, the Environmental, Social, and Governance Index, down our throats. And it is now the demarcation device that's being used by asset managers like Larry Fink at BlackRock or Vanguard Group or State Street or UBS or any number of asset managers who are controlling basically where capital flows go. Now, there has been some pushback, of course, in the United States. You had 19 attorneys generals of various states saying they are going to pull their money from BlackRock and other ESG dictatorial regime asset managers. And you have Florida basically already passing a law saying that their investments, their pensions will not be dictated on ESG terms. and so forth. But there's still a tremendous amount of force and momentum behind this project.
Starting point is 00:17:03 Agreed. I mean, I'm not sure if you're aware, this is a Bitcoin podcast. And in the Bitcoin world, particularly in the Bitcoin mining industry, this is a battle I've been fighting personally for three or four years now, is that many people in the industry want to cater to ESG, because Bitcoin mining can incentivize the build out of quote unquote, renewables does use excess energy and there's been a big portion of the mining industry in bitcoin that has been catering to the esg narrative like look at the energy we're using look at all the waste we're preventing and literally going with their hand hands out with all this data like we're good we're esg compliant and i've been on the sidelines like these people don't care if you're using
Starting point is 00:17:50 renewable energy they care about control they can't control bitcoin catering to them is not going to solve this problem we have to it's a bad idea yeah that's a bad that's a bad approach uh bitcoin should not be trying to make itself appealing on the basis of esg if they want to cancel bitcoin or undermine its efficacy uh or illegalize it in some way because Biden's indicated that with his executive order for CBDCs. They're going to go ahead with that regardless of the compliance on terms of ESG, I think. ESG is not going to save Bitcoin. No.
Starting point is 00:18:34 And that's, I completely agree. And something I've been trying to get ahead of, again, for years now is stop catering to these people. And one thing in your presentation for the Mises Institute that you said that I've been saying as well, I'm very happy to see you say it is we need to ridicule these people incessantly and mock them and show the world how hypocritical and idiotic they are. Yeah, how outrageous they are, and how megalomaniacal they are. And, you know, I mean, Schwab is an outrage. I mean, the things he said, should have set off alarms with everybody. For example, at one annual meeting, not the last one, but the penultimate one. he said quote unquote well this is close to a quote the future is not just happening the future is made by you here in this room uh so he's effectively saying that we are dictating world events and uh and that's really what they want to do uh and they have been successful to a degree uh not not entirely thank goodness and i don't think they're going to be totally
Starting point is 00:19:48 successful that's i don't i i wouldn't be speaking up about this if i thought it was a fait accompli if there was no hope to resist this but i think there is and i think we had to have a collective movement of individuals okay who will reject all these policies and these implementations rejecting the cbdc rejecting the internet of bodies rejecting the digital identity rejecting transhumanist technologies for what they're doing now with them i'm not anti-technology i'm not a luddite point here is not the technologies but who's wielding them and to what end and that's why i say to reject these kinds of technologies because so what they do is that The economic structure is meant to create this static social order where there's no upward mobility, where there's vastly reduced consumption, where our rights are extremely curtailed, if not abrogated.
Starting point is 00:20:53 And then the technology is meant then to enforce it. So some would say it's technocracy. I don't think that's true. I think the system is kind of a neo-feudalistic system enforced through technology. So technology is just a means of control. It isn't the system itself. Well, in some sense, it is the system because they're going to use AI for policing functions, for predictive algorithm, predictive behavioral control and preemption and stuff like that.
Starting point is 00:21:30 But in effect, you might say it's a neo-techno-feudalism that they really want to establish. And the interesting, curious thing about this is there's going to be all this high-tech surveillance technology, and at the same time, the infrastructure is being destroyed. So we're looking like a Blade Runner-type scenario. were better as i've said in my book on my book the great reset and the struggle for liberty the the movie that really encapsulates this the best i think is a movie in 1999 called existence in which basically everybody's hooked up to this uh uh metaverse in effect while they're all living in this simulacrum while the world itself the infrastructure of the physical world
Starting point is 00:22:29 is dilapidated beyond belief so you have all this high tech on the one hand and you have this horrible uh infrastructural disaster on the other and that's really what this would bring about because uh the project is a de-industrialization campaign uh it is it is meant to de-industrialize to a great extent the western world and to keep the developing world from developing yeah and we're already seeing the product of this de-industrialization this breakdown of our infrastructure play out you looked at germany last year with their energy infrastructure they were very vulnerable to increasing energy prices due to the fact that they've been decommissioning all these nuclear power plants right natural gas power plants you look over here in the united
Starting point is 00:23:21 states we're heavily subsidizing wind and solar over more reliable energy infrastructure like natural gas coal nuclear and that's like the one thing i do think i do agree with you we can defeat these people and prevent them from reaching their goals which i would agree as well as this neo feudalist system in the digital age but we have to get people up speaking out against this and really saying, hey, I want to be able to turn the lights on reliably. I'm in Texas, and we have grid problems here. We're arguably the most energy resource-rich state in North America. It's ridiculous.
Starting point is 00:24:03 So we need not just to talk about it. There's actions that we need to take, and not all of them are easy. So I say refuse the CBDC. In order to do that, you have to have, if a CBDC, let's just hypothetically say, if a CBDC was to come online tomorrow and your bank account was converted to a Fed account, in effect, would you be able to exist and survive without using the CBDC? That's the litmus test. And if the answer is no, then you're not ready for this. And so what you need to have is parallel currencies. and a parallel economic structure, a network in which you can buy things that you need using these alternative currencies.
Starting point is 00:24:53 If you don't have an alternative parallel currency, you can't resist the CBDC. So it's easy to say don't buy into the CBDC. But what I say further in the book is that you've got to basically have another means, because without the CBDC, you know, you might, if you don't have a parallel currency in place with a network that's willing to accept it, then you have no alternative and you're stuck. You're in the CBDC and you can't get out. Do you think Bitcoin's a viable alternative option? I can't speak to that. I'm not going to, I am not a Bitcoin expert. I think there are other people that have much better handle on that and uh i'm not going to weigh in on that because i'm not
Starting point is 00:25:37 up to speed enough and i'll be humble about it and say look it's just not my field love that answer i mean again this is a bitcoin podcast this is why i do what i do here because i do see the world very similarly to you and i do agree we need to i will say that if you can have people a network of you know a network of an economic network of people that will accept bitcoin for payment then of course it can work it just has to be there has to be a network of producers who are willing to of companies who are willing to accept this from people and And if that is set up, if it becomes a currency, then it will work. If it's not a currency, then it's kind of an asset storage system.
Starting point is 00:26:30 I don't know what else to think about that. Yeah. Yeah, the whole, is it a store of value or medium of exchange? Yeah. It's both, I think. Yeah, and that's good. I mean, that's the thing about gold, too, is there's a lot of moves to try to get gold to back into a currency of exchange not just a a reservoir of uh of value so anything that moves
Starting point is 00:26:56 in that direction whether it's bitcoin gold or other uh cryptos uh is good and i support it i just don't know enough whether i don't know enough to say whether bitcoin can do it or not uh i just don't have enough information i have bitcoin i have a i buy it on a regular basis but uh i'm not an expert there's uh other people associated with the misis institute that are um i forget his name salford and safe safe adina moose safe adine yeah he's very good i think i i think i've heard great things about his book i haven't read it but i've heard great things about his book i've got all three of his books here safe's a good friend and um yeah i know a few people at the mises institute i know jeff pretty well okay it seems like it's not there
Starting point is 00:27:50 anymore no he just left um yeah but um no it's been fun to watch this sort of merging there was a very early group of hardcore austrian bitcoiners uh yeah michael goldstein and pierre rochard they started the nakamoto institute actually an homage to the mises institute it's been fun to watch over the last decade as the world's been slowly merging and what do you think of gary north's uh argument way back when about bitcoin he said it was a ponzi scheme uh i mean it's just objectively false because a ponzi okay you need you need a a centralized issuer or essentially somebody essentially collecting the dollars and redistributing and running the ponzi and bitcoin is a distributed network if you're gonna make maybe maybe you could say it's somewhat of a
Starting point is 00:28:42 pyramid scheme which is a bit different but um yeah the connection of uh energy and bitcoin is is there's a lot of signal there in terms of like it does take work these things aren't just being produced out of thin air people are spending capital building out infrastructure turning turning energy sources into electrons uh producing electricity that produces hashes that eventually produce bitcoin and then yeah as a miner you have to sell some of your bitcoin to cover your costs so there is risk being taken capital risk execution risk it's It's not just appearing out of thin air. Right.
Starting point is 00:29:23 Unlike the Fed's machinations where they basically create money out of thin air and then charge interest on it. I mean, I don't know why people can't get that through their heads. It's so simple, but maybe nobody's really expressed it simply enough that they're counterfeiters, you know. Well, then there's that and then there's this just like the fish in water. analogy where we were just born into this system i'm 31 i was born in 91 just born into the system and you're like oh the dollar this is my money it buys me stuff it works yeah people have never
Starting point is 00:30:05 really been forced to question it maybe not until like the last 15 years more particularly the last three years when they printed trillions of dollars out of right out of out of nowhere yeah really insane uh so and then they keep lying about what inflation is caused by uh it's just amazing so um it's it's very hard to break through that uh that conditioning and that you know to break people out of that matrix really yeah but i do think there is an underlying feeling of uneasiness in the broader public between the masses they understand intuitively that something's wrong they may not know exactly that it's the fed what it is the money printing all the central planning corrupting the economy right um and going back to what we were talking
Starting point is 00:30:58 about earlier i do think particularly right now where we stand in 2023 there is an incredible opportunity for individuals like yourself and myself to really connect with these people who feel uneasy and basically take advantage of the fact that the fed the davos class the bloated central government are really dropping the ball and so that's where we we're at like this crossroads where we get the cbdc world the digital dystopian panopticon where we get a world of freedom i think bitcoin will play a big role in that or essentially we get away from the cbdc world and going back to like actionable advice parallel systems mock these people incessantly what else what else should people be doing to to fight back well yeah i mean they should
Starting point is 00:31:49 get their money out of esg abiding and dictating banks uh they should get their uh representatives they should pressure i mean to the extent that you know representative government does anything They could pressure their representatives to withdraw from ESG-indexed markets, withdraw pensions and all that. They need to practice the free market, and that means keeping alive a network of exchange between producers and consumers. They need to, you know, basically repel all these technologies that would effectively monitor our organs and organ systems, including our brains, potentially using a brain cloud interfacing. They need to be up to speed on what these things are and how they could be used and why they should reject them. not on the basis of some neo-Luddite anti-technology phobia, but rather just because of the people wielding them
Starting point is 00:33:01 and what they mean to do with them. They've got to refuse the digital identity, as I said, because that's going to use – the Bank of International Settlements has said that it's going to take a digital identity to run the CBD system. And that means your money is going to be connected to a database about you, which could include all kinds of factors like even vaccine status and even a political profile, which means that your money is tied to your reputation. And according to the regime, their particular view of you. And that could be devastating for people.
Starting point is 00:33:47 any kind of dissidence will be potentially shut out from the real you know the the central the central bank digital economy so they got to be prepared for that yeah for talking this way me and you uh will quickly get labeled white supremacists that should yeah yeah this is this is clearly white supremacy i mean i don't see how else you can see it i mean this is obviously white supremacist and uh we are political we are right-wing extremists um so in fact we're also anti-semites uh forget you know you forgot that it's funny it's funny you bring that up somebody referred to me as that a couple weeks ago which was yeah all right yeah i made a i wrote an article about uh tucker carlson and i was basically saying that the adl had something to
Starting point is 00:34:40 do with his firing and man that was enough to get me called an anti-semi jews i didn't know the adl represented every jew on earth meanwhile you know they represent a particular leftist whack job view uh and certainly there are many jews who've not subscribed to their viewpoints yeah but it's easy that's it's the uh i forget the law but it takes 10 10 times as much effort to refute bullshit when it's thrown at you so they'll throw these these names are you white supremacist anti-semite and they'll just depend on public perception of being associated with those words to do the job yeah this is a or conspiracy theorist that's the other one that one's losing its uh efficacy because of i think it is how how true uh how correct the quote-unquote
Starting point is 00:35:32 conspiracy theorists have been particularly in the last three years and i i take that question on directly in my book uh there's a whole chapter at the end called the question of conspiracy theory in which i adjudicate the epistemological status of conspiracy theory per se and i basically debunk the claim that anything that is a conspiracy theory is there but is thereby invalid i mean that's just a ridiculous thing but we had to do it because uh they've said it you know it started with carl pauper in his book the open society and its enemies in 1944 and he started this whole poo-pooing about conspiracy theory and then the cia picked it up of course with the uh kennedy assassination jfk and uh admitted to a couple months ago
Starting point is 00:36:23 basically yes uh so yeah they have uh they you know and we have rfk running for president rfk jr really interesting uh we have somebody that's basically saying that the cia killed his uncle and his fa uh and his father and he's running for president this is very explosive yeah it's like there's a tear in the matrix right now again exactly i think people smell blood in the water the freedom fighters at least like all right there's an opportunity here to strike absolutely We've got to take it. Another thing I think we can do to really engender a sense of urgency and confidence in people is highlighting. And that's one thing the federal government and the Fed have done a really good job up until the last few years is making people believe that they are the saviors and the smartest people in the room to solve all these problems. i think one thing we need to do a really good job of is highlighting that the fed the federal government and all these super national organizations like the world economic forum
Starting point is 00:37:28 the bis the imf have caused a lot of the the hard problems that exist there's a problem they've caused the problems they first cause the problems then they come along with this solution which other you know people have noted this is the this is the hegelian dialectical method create the problem come in with the antithesis and then you get the desired result which is the synthesis so it's an thesis antithesis and synthesis is really the desired object and so that's that is the the parent the apparent um mo of these people yeah and what would the world look like in your opinion if we successfully thwarted this attempt to cattle herd us into a digital panopticon well we could set it back to basically a point where uh if we you know without
Starting point is 00:38:25 getting rid of the fed and all that uh it would just be a resistance that would be basically we'll have suffered collateral damage and we already have so there's a lot of collateral damage to repair. So we would get some of the distortion out of the market, the distortion that's coming through the stakeholder regime and the ESG. We'd get some of the distortion out of the market based on the fact that we wouldn't be subsidizing all these insane projects that have no energy potential that would actually like that you know despite the subsidies and the south you know 30 plus years of development will not suffice to meet our energy needs by any stretch we'll get back to that point then we have we have a further set of battles obviously we wouldn't be
Starting point is 00:39:27 done yeah yeah i'm a big believer in states reasserting their autonomy from the federal government really getting states to be more confident and making decisions for themselves and fading the federal government there's a lot oh yeah everything's way too bloated right now well i mean one way to understand globalism is that it's the opposite of decentralization so we need to fight off globalism but in the effort uh towards decentralization obviously It isn't enough to defeat the globalists. We have to defeat the federalists as well, the contemporary federalists, that is, those who are centralists is a better word, I guess, central government advocates. we need to defeat them too but we got to fight on various levels so fighting the great reset is fighting the globalists but it is also fighting the national governments and even
Starting point is 00:40:32 local governments that are implementing these globalist uh plans uh so we're fighting on many levels it's 3d chess and in your mind is there anybody that stands out as an example of a particular individual group of people that are standing up against this effectively the amish seriously i mean the amish uh the amish is what we should aspire to not not necessarily to have uh you know you know uh uh intercourse with our relatives but uh we need to a stat we need to move not not necessarily in terms of their anti you know anti-technological thing but in terms of their autonomy and their disengagement with the state from the state that kind we need to develop communities that are like that you know not necessarily riding in horse and buggies but
Starting point is 00:41:37 having autonomy which means having automobiles in the sense that they're free from the grid they can be powered without the grid structure like the evs will require and that that basically you know are semi-autonomous and disengaged and and impenetrable to state and globalist dictates. Yeah, and there's a less orthodox Mennonite culture, particularly like in Appalachia. Sure, Mennonites too. Yeah, I think that's a good example.
Starting point is 00:42:18 Yeah, I mean, you don't have to, you don't have to, you can have different communities that don't necessarily have to, you know, adopt the same creed. As the Amish or the Mennonites, you don't have to be a Christian group necessarily. You don't have to be, you know, you don't have to engage in all their beliefs. But, I mean, they're just an example of kind of decentralized, disengaged communities that we could strive for. Yeah. And I think a lot of people hear this and they think it's like a daunting task.
Starting point is 00:42:57 They think it's somewhat insurmountable to get away from the federal government and towards this more decentralized, distributed way of living. But that's another thing we really need to get into people's minds is it's never been easier to do it with the technology that we have at our hands if we leverage it the right way. Parallel currencies like Bitcoin with cheaper means of getting energy out of the ground and combusting it to create electricity with natural gas and coal. The opportunity is right there.
Starting point is 00:43:31 It's probably never been a better opportunity to distribute than there is right now with the tools that we have at our hands. Exactly. That's true. And we can decentralize the technologies entirely as well. It can be distributed blockchain-type technologies all through. So that's all good. Yeah, absolutely. yeah and get me bullish
Starting point is 00:43:59 we need more people like you Michael out there just saying this stuff that's another thing that's why I was very happy that that presentation got put on YouTube and despite the fact you're being shadow banned already has almost quarter of a million views yeah almost 300,000 now
Starting point is 00:44:15 yeah yeah and again going back to there seems to be this air there's a roar in the air where people are like something's very wrong like we're about to hit the debt ceiling 18 months after having to raise it uh the banks are failing all around us right and it's just hey guys this is all that's the other thing like how much do you think they're rushing and overextending themselves in an effort to keep the ball in their hands as everything's
Starting point is 00:44:48 crumbling around them yeah i mean that's basically what they're doing now is scurrying to shore up this crumbling system and i think if we see a lot more bank failures that's this will be the pretext for the cbdc uh they're going to say look we we got to have a secure banking system and independent commercial banking is not going to be they're going to that's not going to do it so they're going to move towards centralizing all banking with with the fed and the cbdc so that's something to be on the lookout for as these bank failures if we continue to see more of them uh that'll be the pretext for the cbdc yeah i mean i i think if you're paying attention the last three months particularly with the regional bank failures all failing up into the core four
Starting point is 00:45:45 and you can easily see a situation where the smaller banks consolidate up into jp morgan bank of america wells fargo um the other big one uh capital one maybe i forget but yeah this systemically important financial institutions and then once everybody's there the federal government will be like we had this loose partnership with these core four banks and here's how the money works now. It seems like it's in motion. Yeah, this consolidation
Starting point is 00:46:19 will roll into centralized banking overall. That's the problem. So we have to be ready to get out to be out of the side of that. What else can we be doing
Starting point is 00:46:35 to prepare? uh well uh i i think part of it is ideal you know you have to keep you you've got to become inoc and immune to the ideological onslaught onslaught of course and that just takes reading and uh it takes um um uh it takes sometimes off you know sometimes you you you have to unplug and just not just ignore this stuff and to some degree because uh part of it is you'll burn out really fast if you are in this day in and day out without a break so i think you need to rejuvenate this is psychological but i think it's important but you have to be immunized against the onslaught
Starting point is 00:47:26 of bullshit and then uh also kind of unplugged to a degree yeah i mean because going back to the hegelian dialectic it seems very obvious over the last four years we've just been bombarded with all these headlines and flashy news segments that are essentially attempting to divide and conquer just get people pissed off at each other oh absolutely absolutely uh there's no question about it, and there's the weaponization of minorities, whether they're, you know, whether they're wittingly or unwittingly being weaponized, and the weaponization of immigrants and a sort of assault on the majority that's an ongoing assault that, you know, has as its function the basically disempowering that contingent to disempower us.
Starting point is 00:48:36 Shut up, you white supremacist. Exactly, exactly. yeah so if you can disempower the potential resistance through various economic ideological and other means then that's that's what you're going to do and that's what they are doing yeah that the the drumbeat to take our guns is only getting louder it's a shoot an odd shooting we send all the money over to ukraine to buy guns or to send and send guns to ukraine yeah that eventually end up getting blown up because they're all centrally located in one weapons depot yeah it just happened yeah and that's the other thing too like it's
Starting point is 00:49:16 becoming very obvious that we live in a banana republic i mean the dorm report who knows if that's a limited hangout if they're just giving us some crumbs like yeah there was some with the fbi and the uh clintons and the obama administration but it's becoming glaringly obvious that this current administration i wouldn't even throw trump in there i mean operation warp speed was nothing nothing to champion um it's one uniparty system and they're blatantly corrupt right in everybody's face it's hard to say whether trump isn't just a kind of stand-up character uh cartoon stand-up figure uh to attract and deflect and derail any opposition by virtue of siloing them under Trump,
Starting point is 00:50:10 then discrediting them entirely on the basis of discrediting Trump. You know, I'm not saying he's wittingly participating, but it certainly seems they've been using Trump to a great degree. They managed to consolidate the so-called left and to get them to support the entire establishment, business, government, military, neocon. They've got the left completely aligned with the agenda, right? They meant by virtue of using Trump as a foil.
Starting point is 00:50:47 It's hilarious. Yeah. What happened to the peacekeeping hippies of the 70s that represented the left? Right. No, no, no. they're they're all neocons now and they were all about bodily autonomy until it came to the mandates and yeah yeah a lot of work to do does it ever get daunting for you are you optimistic
Starting point is 00:51:10 i don't want to i mean you can't imagine how daunting it gets first of all just trying to put together all this with the book i wrote which is 368 pages i feel like i wrote a long book but I also feel like I didn't even scratch the surface because, you know, I wanted to cover everything. And so I couldn't cover everything in depth to the depths that I would like to. But so I just keep writing and taking it a piece at a time. There's so much to tackle and sometimes it just seems overwhelming. And, you know, you wonder what kind of what what's the ultimate force that you're fighting against? you almost like naomi wolf start to wonder whether there's some metaphysical force behind it all
Starting point is 00:52:00 i'm not going to go there because i i don't whether i believe in some metaphysical force or not i still want to fight it on the material physical plane you know i mean if we want to get into the interdimensional demon talk like i'm here for it i wouldn't be surprised if it's happening either yeah i wouldn't be surprised but like uh it doesn't behoove us to to put it into those terms i don't believe no but i do i mean i'm a catholic i do believe in good and evil i do believe yeah i'm a christian myself and i do believe we're we're in a fight in a battle of good and evil right now it's there's no question about it yeah but we need to fight the people that are the demonic forces uh who are you know whether they're demon possessed or not
Starting point is 00:52:50 that are obviously nefarious elements and uh we can locate them uh in the world as we see it so yeah yeah just defund them stop investing in them create a strong local economy you're talking bitcoin or talk you don't realize it but you're uh i think that's why oh yeah i know i know it's just that i don't feel competent or well versed enough to say yes it's bitcoin so uh but i i am talking the same talk it's the parallel currencies it's the parallel economy it's uh it's having these structures in place to decentralize and withdraw from the fed and from the central government so yes i i know that i'm in the same spirit esprit de corps as the bitcoin community well it's great to have you on the front lines with us in this battle
Starting point is 00:53:53 of good and evil that we find ourselves in i mean i do it i've got two young boys and i just think about what they're going to grow up in the world they're going to live in And I really cannot imagine a world in which they're digital feudal slaves in the panopticon. Absolutely. I have a grandson and another grandchild on the way, so that motivates my fight, too. Yeah. Well, I know you've got to jump here. Is there anything else we should leave the freaks with before we wrap up?
Starting point is 00:54:28 No, if you want to know more and follow my work, it's michaelrechtinwald.com. I everything's there I give my essays are all free I get paid from other sources so I don't charge on uh substack or any of that the only thing I charge for the books and occasional merchandising uh but uh other than that yeah it's all there available for free michaelrectonworld.com and uh you know I'm just one of the freedom fighters that's it all right we're gonna link to all that in the show notes michael keep up the good fight thank you thanks for having me marty thank you that's all we got today freaks peace and love

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