TFTC: A Bitcoin Podcast - #448: Opt Out Of Keynesian Brain Rot with Godfrey Bloom

Episode Date: September 26, 2023

Marty sits down with Godfrey Bloom to discuss the corruption of the world by central banks and the countermeasures the common man must take. 0:00 - Intro 6:43 - How govts have been corrupted 16:09 - Is mobilization of the common man imminent? 18:40 - Central banks are the unknown cause 24:56 - Removing yourself from the system 27:12 - New Keynesians 29:59 - Bitcoin and gold 34:46 - More on UK provenance law 38:09 - Lawful cancelation dissidents 43:58 - Civil war and states asserting autonomy 46:42 - Wrapping up Shoutout to our sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unchained⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠River⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠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

podcast podcast this podcast is brought to you by podcast podcast big corporation giving us a lot of money just kidding you freaks are streaming us money this is a great episode godfrey bloom some of you bitcoiners may recognize him from an epic rant in eu parliament railing on on central banks he did some of that during this episode too uh before we jump into the sponsors of this show had to give a shout out to the freaks who boosted rip 447 bio warfare in the 21st century with sam husseini highly recommend you guys go check this out um very important episode the information that we we dove into uh at paez 10 000 sats marty i started listening to you and fell in love with your takes on bitcoin and society

in general the episodes you've made with different medical experts and journalists have been so groundbreaking and important that in my humble opinion tftc is one of the most important media programs on earth today wow uh you provide medical experts with information that has changed my whole approach to my health and helps me heal long covid love to hear that thank you and all the guests you have have that speak the truth thank you paez and i'm glad that i'm getting value out of the show um truth for the commoner we're trying to get the truth out there trying at blockchain bug 5000 sats great chat only to boost of the episode with sam not getting a lot of love on youtube logan uh not even a thousand hits on youtube yet

highly recommend you guys go check it out we may be getting um deprioritized by the algo because of the hot topics that we covered but we're on to this episode with godfrey it was brought to you by our good friends at river rivers here building a bitcoin company in a bitcoin exchange the right way they build their own infrastructure um if you dca into bitcoin you're not going to pay any fees they have the best spreads in the market uh other exchanges if you dca have high fees higher spreads river has no fees and the lowest spreads in the industry on top of that uh they built again their own infrastructure so if you do hold bitcoin on rivers exchange it is backed one-to-one fully reserved in a two or three or excuse me i don't know the quorum but it's in a multi-sig cold

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Tell them TFTC sent you and enjoy this episode with Godfrey. Okay. You've had a dynamic where money has become freer than free. If you talk about a Fed just gone nuts, all the central banks going nuts. So it's all acting like safe haven. I believe that in a world where central bankers are 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. You probably should be. And we're live. Godfrey, thank you for joining us. great pleasure and pleasure thank you for asking me well i was very excited when you sent that tweet out a few weeks ago saying all right uh if anybody wants to have me on their show please email me uh because i was just explaining this is a bitcoin podcast and within the world of bitcoin i think once every six months i see a video pop up of you in the un parliament or maybe it was the EU parliament railing on central banks and the dangers that they present to the

world. So thank you for doing that. I think it's a very important message to get out on that particular stage, because I think in the world that we live in today, a lot of the problems that people want to thrust on red team versus blue team here in the United States or left versus right issues really at their core are central banking issues we messed up the money and that is having profound negative externalities on the rest of the world absolutely the the left versus right thing is passe uh it's you know you vote blue or red but it doesn't make any difference um it's the same same in our country you vote blue or red although it's quite reversed the point is you get the same deal it doesn't matter who you vote for you get the same deal

uh they're all run by uh central banks the world economic forum the who bank of international settlements all these people uh we live at once was um referred to as man by mandelson one of tony blair's uh henchmen uh as we are now in the post-democratic age and i think we are we're in the post-democratic age it doesn't matter what the man on the clap of omnibus thinks and our man on the clap of omnibus is your joe six-pack uh they're the same they're the same beast and they have been disenfranchised there is nowhere for them to go there's nobody for them to vote for no and it seems like the problems that this uniparty presents globally are only getting worse you mentioned the wef and didn't mention it but

the things like agenda 2030 and this move towards net zero carbon emissions i mean that's one thing in london that's really been a big theme the last couple of months with these ulez cameras that are spinning up to curb people's driving of diesel-fueled cars or cars made before 2005 I mean, in London, it seems like that forcing of certain actions is really taking place. And you have, luckily, this theme of Blade Runner is going around and cutting down these cameras. We're taking them down as quickly as they put them up. At long last, it seems that the ordinary Joe has had enough. and the only way to deal with it is to get out there get out of your house roll your sleeves up

take your jacket off and do it no point in signing petitions or voting if you don't want these intrusive cameras which is against our constitution many americans think we don't have a constitution we do have a constitution it just isn't written in the same way as the american constitution they are illegal it is our duty to take them down yeah and do you think that do you think there's something particularly that's happened in the last few years i mean obviously we had the lockdowns and a lot of people are pushing back against that but it does seem that joe six-pack uh here in the united states and the omnibus is that what you refer to them yeah the man on the clapham omnibus it went into law uh in the 1930s it was a legal judgment of

of course we have common law not dissimilar system to your own and the judge made a definition it was one of the first redefinitions since 1688 and he said justice justice is what is deemed to be fair to the man on the clapham omnibus and that's what justice should be that the ordinary man deems to be fair not what some clever lawyer or crooked judge and most of them are political appointees now it's what do you think what does an ordinary good citizen believe to be fair that's at the heart of both our justice systems and that's what's been abandoned yeah and it's i mean in the uk i'm not gonna lie i'm a little bit worried because you had that that bill that privacy bill that was passed recently i believe last week or the week before finally got

through parliament that allows the government and the intelligence agencies to inject more i think it mandates that companies providing end-to-end encryption services provide back doors to that end-to-end encryption which completely negates the whole reason for having end-to-end encryption in the first day so they're attacking your right to movement your right to privacy why are these governments and these supranational organizations like the WEF really pushing to control people, whether it's how they move or how they interact with each other and communicate with each other? It's the most extraordinary phenomenon that one wouldn't have believed could have come about in either our country or yours. It passed easily through parliament. Our amending chamber,

which is the house of lords has been infiltrated by jobsworth's journeymen men on the take the house of lords has been destroyed as an amending chamber and of course they go to royal assent as you probably know our laws have to be given the royal assent so when they've gone through parliament as a bill they become law they go through the house of lords and they need to be signed off on a constitutional monocle monarchy basis by the king the king of course is a devotee if not the leading member certainly one of the leading members of the world economic forum so our king has been corrupted so we have a whole legal system a whole parliamentary system which has been corrupted so that a a bill and a law of this nature could go through so easily when

again as i say it is completely against our constitution the 1688 89 bill of rights the toleration act of 16 8 1689 have not been rescinded these uh statutes which are coming through now are illegal under our system of government so with that being the case does this leave open the door for civil disobedience on the part of corporations who this really targets as the corporations have to add these back doors do you think they could ignore this law and well no because the corporations are part of the game the corporations are owned by black rock and vanguard they're part of the game the corporations will just comply because what we have is a fascist system and i don't use the word fascist in a pejorative term marty i'm using it as a system

of government which we have of course in italy and uh in a mutated form in germany in the 1920s and 30s it's fascism what is fascism fascism is simply uh an arrangement between politicians banks and big business to dominate the country that's how it works that is fascism where that is put ahead of the rights of the individual it's a political system and it's a political system which is favored a lot in europe uh the french favored it the germans favored it the italians favored it the uh portuguese favored it the spanish bought a civil war over it they rather like it in europe and it's what the european union is the european union is fundamentally fascist in its approach uh and of course if you're at the top table

fashion's jolly good you make lots of money your country now is and has been run for some time by the industrial military congressional congress it is utterly deeply corrupt your constitution was abandoned years ago decades ago one might almost argue a hundred years ago in 1861 you could make a historical argument for that so we both live in countries which had very good Karstein constitutions which have been abandoned and you can't take you can't take legal recourse because both our supreme courts have been politicized everybody who sits there has been put there by a politician they are political so you don't have your difference between your judiciary and your executive that's the problem that we have how if it isn't direct action

and revolution if you will how can that possibly how else can you possibly get anything out of the system you have to take to the streets the thing is uh with the british it's not something we do lightly the british don't do that neither does your nation do that lightly uh the french do it at the drop of a hat but we don't the anglo-saxons don't do it uh so uh your joe six-pack broadly speaking is a law-abiding citizen my man on the clapham omnibus is a law-abiding citizen they don't go to the barricades but i think one day they will because one day they're gonna have to well i guess that's the big question is that day coming soon because it feels like the immense weight of this fascist melding of corporatism and the state is reaching such a

a point where Joe Sixpack and the man on the clapper, the omnibus, are both feeling the pressures where it's energy prices, food inflation, just the quality of services. The NHS over in the UK and here in the United States, our healthcare system seems to be becoming more and more deprecated by the year. It seems like those pressures, whether it's price inflation, lack of energy security, or lack of quality services in regards to healthcare, are really beginning to materialize to the point where it's becoming abundantly clear to Joe Sixpack that something has gone terribly wrong. But that word revolution, for some reason, whether it's in the UK or here in the United States, comes with a negative connotation and people are almost afraid

of it. They don't want to get to that point because I think people intuitively and subconsciously understand if you're truly in a revolution, things get pretty hairy and things have gotten bad and people don't want to admit that it is necessary in this day and age yes you're quite right and that's something that of course the establishment deep state deep state as you call it over there um that's something that they rely on they rely on that uh they rely rely on our goodwill and our appreciation of the law uh and but nobody of course goes to the barricades do they on a full tummy when they're hungry and they can't afford to live their lives then things could change yeah yeah that's the uh it's becoming more and more of a theme inflation the amount of videos

you see of people complaining about their grocery bills their gas bills at the tank um but again going back to central banking people are misdiagnosing this problem they don't understand that we've messed up the money globally they think it's policies put forth by the red team of the blue team that are really driving this inflation which maybe yes they do contribute to it but at the core it's a central banking issue and that is something that again the the entrenched sort of superstructure the deep state the the elite if you will the davos class really does a good job of sort of hiding that problem and never bringing it up it's always framing problems left first right not pointing at the money uh yes uh and of course if you go back i think you can go

back a hundred years um no more than a hundred years um you could go back 150 years uh and it was i think nathaniel rothschild who said who said then all those years ago it doesn't matter who you vote for it who's who controls the money and it was a true then as it is now the the difference of course is that the money is being degraded uh so control the money is one thing but to totally degrade the system of money is another because again it's another form of disenfranchisement so the paper money in your pocket isn't worth anything over the years and consequently you can't buy anything, you can't protect your family, you can't feed your family, you can't educate your children, so on and so forth.

Inflation is caused by an excess of money which is printed, of course, by banks and guaranteed by central banks as a lender of last resort. And of course central bankers are selected by politicians And we have this fabrication in Britain, of course, that the Bank of England is independent. It's absolutely laughable. When the governor of the Bank of England is a political appointee, and of course, it's the same with the Fed. This is a whole political game. And if you're at the top table, you do very nicely.

And if you're not, you slowly starve. Yeah. In your mind, obviously, you've been ahead of the curve in identifying the central banking, particularly as a problem. What is the solution in your mind to the central banking problem? well first of all it would be helpful if we had people who understood it who aren't part of it so it would be helpful if we had a mainstream media who understood it there are almost no serious financial journalists in the united kingdom one who comes there are two who come close one is alistair heath and one is liam halligan but none of the others even understand the system they don't understand the problem they think inflation is some sort of act of god it's something like some sort of tsunami that nothing can be done

about it it's just an extraordinary phenomenon they don't understand it but they don't understand what money is the role of money the medium of exchange none of this they understand so consequently they do not know how to put questions to senior bankers or chances of the exchequer as we have over here they don't know how to put the questions but of course the chance of the exchequers the politicians and the front they don't understand it either so even if you put the right questions they wouldn't know how to answer them so this is the kind of problem what can we do about it well i'm afraid there isn't much we can do about it the way things stand at the moment until the whole system collapses excuse me and if it collapses then of course they will

have to re reset it but if they don't understand why it went wrong to start with all they'll do is reset the whole thing again just as badly and if you go back to 2007 2008 the collapse of lehman brothers so on and so forth we didn't change anything we didn't change a single law a single concept of central banking. We just shouldered up with taxpayers' money, printed money and degraded the currency. So in 2007, we didn't make any changes. So we find ourselves in 2023 with exactly the same problems, only on a significantly greater scale. It's now on an enormous scale with numbers, Marty, that people is beyond people's human imagination. uh you know what what is what is four quadrillion oh yeah i've got a bloody clue and i've been in

the financial world all my life i don't even know what it means these numbers are just huge uh what shadow banking uh and i in my book tried to explain shadow banking i think i could have done a better job but i had a go at it because it's not just what the fed owes or what the government owes or what the Bank of England owes or not balancing the budget. It's the stuff which is off-budget, off-balance sheet, which are trillions of dollars again, servicing the debt. This can't last. This must collapse. And, of course, the BRICS countries are beginning to notice it.

The BRICS countries are now getting together, trying to get out of this loop with the dollar as a reserve currency, which is a dreadful and ghastly mistake to start with. giving one country, any country, the ability to run a reserve currency with the kind of crooks and gangsters that politicians mainly are in both our countries. In fact, all countries, not just both our countries, all countries. So what can be done about it? All you can do, in my view, in my view, as a citizen, as an ordinary citizen,

is try and get yourself out of the loop. get yourself if you can out of the system don't have any money in a bank don't have money in the bank of course you need enough money in the bank to pay your bills you need the medium of exchange of the day to buy your milk and your butter and your bottle of beer you know that of course i know that everybody knows that but if you've got any more than that get it out of the system get it out of the system get it away from those banks and those political crooks you're you're speaking our language here i mean that's why we focus on bitcoin it is this apolitical protocol that allows you to remove yourself from the system and take your money

out and put it in a distributed system in bitcoin in the network and that's why we do what we do here i completely agree with you we need more people to recognize that there is a problem and there are solutions out there where there's Bitcoin. Some people prefer gold, but there are solutions out there. And that's the big problem. I think the brain rot that John Maynard Keynes has left on this world over the last century and a half is truly significant. People are fish in water. They don't understand that the monetary system is messed up. We have people like Paul Krugman saying debt is money we owe ourselves. There's no problem. Just issue more debt. Our kids will take care of it. But that's the really nefarious thing is just setting up future

generations for failure off the bat because of all this debt. I mean, you mentioned off balance sheet liabilities. I mean, the national debt that's quoted here is 300 or $33 trillion. But if you include things like social security, Medicare, Medicaid, it balloons to a quarter a quadrillion quite quite quickly um and it's just removing yourself from that system i agree is is the only solution and on that note like have you looked into bitcoin what are your thoughts on bitcoin generally uh well just picking up on one of two things you said earlier and you look at canes and if you look at krugman and you look at these gurus which dominate the thinking universities we now have a third generation of keynesian economists of course fundamentally running on

a wrong theory it is the astrophysical equivalent of believing that the sun goes around the earth it is it's just plain wrong uh but you have to be well in third generation economists uh to to to have escaped anything like that. So I've lectured at Durham University, Cambridge University, Oxford University, some of the major institutions who look at you quite blankly if you talk, for example, about Austrian school economics, that they all believe that debt doesn't matter, that savings doesn't matter, and all these things which has got us into this terrible problem. And of course, if you take it reductio ad absurdum, if you take Krugman at his word, why one would have to ask him, if printing money doesn't matter, if printing money is fundamentally a good thing because it increases consumption, and that is the Keynesian view, that consumption with debt is good, which of course is absurd and nonsense. But if you take that view, why would you leave it to a central bank or a commercial bank to do that for you?

Why don't they give us a machine that we can put in our attic or our spare bedroom and print money when we need it as a family? It would be very popular. I need a new car. I'll just type it out upstairs on this machine because the government have got it. government have got a system which prints money they've given it to me why would i bother to go to work i don't need to go to work i can type it out on a machine i can what is the the natural progression of this thought is ridiculous that debt doesn't matter debt has to be serviced debt has to be repaid and if it can't be repaid the system will collapse uh and but these people have ruled the roost for so long, it's become received wisdom. And this is the problem.

Now, when you talk about Bitcoin, yes, excuse me, I don't hold Bitcoin at the moment, but I have. What do I like about Bitcoin? I like about Bitcoin because it's done what I want it to do it takes it off the table it takes it out of the control of the central banks and the clearing banks and out of the hands of politicians it gets it out of the system so to that extent i like bitcoin or i like the way bitcoin is the target the direction bitcoin is going in i like However, I am a gold bug and I have been for many years for the simple reason that in this country Bitcoin has one or two problems. It has a legal problem and that you cannot claim the provenance of Bitcoin in this country

as being yours. Now you can with gold, you can say this is my pile of gold sovereigns or this is my little gold brick, my one, you know, whatever it is worth X, Y, Z, and that is mine and I can prove the provenance of it. Now you can't prove the provenance of Bitcoin under English law. Somebody can come along and say, where did you get it? We don't believe it's legitimately yours. believe it's not legitimately yours and therefore we intend to confiscate it. And this is they

can do under under the legal system in this country. I don't know about America. I don't know about America, but that is the system we have here. So consequently, it's a fundamental weakness. The other fundamental weakness, which I hope is temporary. Don't forget, I'm a supporter of Bitcoin. I think Bitcoin is a good thing. I do not believe what junior hodlers say, and I get correspondence on this, that somehow gold bugs and hodlers are somehow in different camps or against each other. It's absolute nonsense. We both agree on the fundamental same things. We've chosen a different path. We've chosen a different path. The destination is the same. We've chosen a different path. And we must both respect each other's paths. The other problem

that we have of course is as yet not enough people will accept bitcoin as a medium of exchange so if i want to buy a new car i have to turn it into currency of the day fiat currency and buy the new car with that that is that is that is the problem that we have it's not an everyday a total 100% transactable commodity yet. It could very well be, and I hope it is, and I hope it's sooner rather than later. Now, if I go to, let's say I've got a gold sovereign in my pocket, which at the moment is worth just under £400 in this country. And in 1905, I sometimes hold up a gold coin which has a 1905 date and I hold it up. I say this gold sovereign will buy bed and breakfast in a decent hotel in London, New York, Paris or Berlin and it would do

so in 1905, it will do so today and it will do so in a hundred years time because gold is a preservation of wealth. It's not an investment, it's a preservation of wealth and that's been proven over 5 000 years so that is that is the fundamental being now if i go into a hotel let's say i'm in delhi because let's pick a city delhi if i have a gold sovereign in my pocket i can give that to the concierge and he'll be extremely pleased to accept it for a couple of nights at his lovely hotel believe me i know i've done it take it in so the thing is it's a goal and it would be the same in montevideo it would be the same in uh paraguay it doesn't matter where you go if you have a gold so it might be a krugerrand you know it doesn't have to be a sovereign but

sovereign is really one of the premier games uh in town because it's so recognizable got a copy the queen's head on it um and it's also legitimate money it's kind of the realm in this country so it's very very interchangeable uh and that's why i particularly like gold and that's why i'm a gold bug that doesn't make me anti-bitcoin i'm very pro-bitcoin but it's a question of ticking the boxes that you want as an individual for you and your family i completely agree with you um we're big believers here at this show and me personally that gold bugs and bitcoiners are philosophically aligned we should be banding together uh on this fight for for sound money in the digital age and um and that though go back to like the the british law like in the

provenance of of bitcoin and the fact that if you can't prove provenance they can confiscate it can't their ability to confiscate something that you own isn't that illogical inconsistency there uh yes you could argue that but their view this is not my view is don't need their view is where did it come from um where is the audit trail and if you bought it from somebody what was the audit trail and the provenance from that there on uh these this is the view that they take so that they can they say that they can confiscate bitcoin you see uh from people who are drug dealers or bad people so on and so forth this is the sort of thing that they hide behind it isn't that's that's not the reason for it at all and the reason for it is that so they can

they can stop you getting out of the system the last thing that they want you to be able to do is to get out of the system and they say bitcoin is a way of getting out of the system and they will pretend it facilitates uh crime or potentially could and therefore you have to um you have to then uh sort that out that provenance out with an audit trail so this is one of the problems that we have now if you put let's see if i can explain this a bit better if you put fifty thousand dollar or fifty thousand pounds in an english bank in 10-pound notes. You put it in, right?

Okay, and it goes. They are only obliged to give you back that 10,000 pounds or whatever figure you put in, not the same notes. They won't give you the same notes. They'll give you the same number of notes, but not the same notes,

if you see the difference. and so there's uh they don't have to prove uh a provenance as long as the bottom line works out and that is the key to it so if you have a gold coin or gold bullion and they want and they want you to say where did you get it you can have an audit trail to your bullion dealer and you can and you can point that out but you can't do that um so easily certainly with bitcoin and that is where the the weakness uh is in your protection against the thieves in the central bank yeah i wonder due to the transparency of the ledger if somebody in the uk wanted to take up this this sort of journey of proving provenance of bitcoin i feel like it should be possible

via the transparency of the ledger you should be able to say hey this bitcoin was here before i had it and there um but regardless uh we don't have to opine on this particular provenance issue but i do think there are a few things that have happened in the last six months that really highlight that the superstructure of the politics and banking is overstepping and really helping people realize how messed up the system is, whether it's, uh, Nigel Farage getting his bank banking services ripped out from under him or last couple of weeks, Russell brand getting demonetized, um, for, uh, I mean, they're saying reasons, but I think people are really tuning in He's been over the target with a lot of what he's been covering and talking about on his show and the powers that be don't like that he's highlighting how nefarious and corrupt they are.

And so they're demonetizing them. And it's instances like this, whether it's Nigel or Russell getting demonetized for having particular points of view that is really highlighting to the masses like, oh, they have crazy control over the most important tool that humans use, which is money. well this has been going on for a lot longer than nigel they picked on nigel they made a mistake because he has a high profile so they made a mistake and of course they broke their own banking rules uh the chief executive of national westminster bank and coots bank who's a subsection and of course it's 38 owned by the government uh so you couldn't think of a more stupid way that they've gone around these things and it was bound to end in tears for them but of course they've done this with other people uh we put we have two political parties one called britain

first and one for britain which have had to close down because they weren't allowed a banking facility um and any number of individuals but they those individuals weren't all high profile And one was high profile, a man called Tommy Robinson, who was the enfant terrible as far as government was concerned. And they did the same thing to him. So this has been going on, to my certain knowledge, for about 10 years. 10 years this has been going on. And suddenly it's come to the fore because of the Nigel Farage flagged it up because it happened to him. And like so often with these things are, if you happen to be a higher profile individual,

it matters a lot more if it happens to you. Poor little guy, you're Joe Sixpack to get back to, and my man on the clap of omnibus, they can do what they like to him because nobody cares, least of all the press. And of course, the great shield, with two great shields to both our nations, the great shields for those two individuals in america and my country those two great shields one was the principles of law which should be a shield for this citizen not a stick with which to beat him which it has become in both our countries um so it's the principle of law and the other is a free press. And we have lost a free press in both our countries. Now, the press works almost directly

for the government. We have some very unusual situations as well. So we have the CIA, who has a totally unaudited budget, who can actually buy journalists lock, stock and barrel, not just in your country, but in mine. So let's talk about quickly Syria, for example, when the Syria was in took over from the ukraine as a high profile area of conflict um we had this situation where we if the cia produced a press release the bbc would read out the press release almost instantaneously there was no checking it there was no question about checking the verification of it it was read out as if it was holy fact by very senior journalists in this country in the on the bbc um now it begs the question does it not what is the institutional

position between the cia and the bbc what actually happens between the cia and the production team why did nobody does nobody in mainstream media on television and your country or mine ever ever ask a relevant question ever the only person in your country's done it was um tucker carlson so they chucked him out they want patsy questions they want patsy questions don't they that's a long and short of it and in this country for example They've closed down Sputnik radio and they've closed down Russia today. I don't want to go down the rabbit hole of the Ukraine, but we are not allowed to hear in my country, a free country, or what used to be a free country. I can't hear Putin speeches advocating some form of peace negotiation.

That's not allowed to appear on my screen or on my radio. this is quite extraordinary and if you go back to the days of voltaire for example 1700s he fled to this country because it had a very free by those standards a very free system the land of the free which is uh supposed to be america the land of the free long gone long gone and of course it seeped away bit by bit and without a free press and the protection of law which is our birthright there's very very little that we can do which doesn't involve direct action you had a civil war in 1861 if i might just correct the terminology you didn't have a single civil war it wasn't a civil war uh the north invaded the south and i'm not going on the rabbit hole of

why or what or how a civil war is what we had in 1640 which was brother against brother brother against son father against wife because of a different political system that's a civil war it wasn't north and south like you had in america uh civil wars the the spanish had a civil war there were republicans fascists uh and communists uh brother against brother that's a civil war you didn't have one you had a war between the north and the south and very upsetting it was and very unnecessary and very stupid but that's what it was not a civil war now what i think is going to i would uh guess and it's not for me to say if you'll excuse my impertinence i cannot see the united states surviving when you have a state like south dakota or your own state

of texas and california all wrapped up in the same in the same country nothing in common at all you don't have anything in common at all with those states california and south dakota texas and massachusetts so perhaps states will have to go their own way in order to get fairness and justice for the people which is what your constitution originally did that's what your constitution originally protected there was no question of keeping states in the union at the point of a bayonet which is what happened in 1861 you tore up your constitution in 1861. yeah again you're speaking my language here that's part of the reason i moved to texas from the northeast is trying to align where i live with the uh the values that i i value personally

and the ideals that i want to strive for and i do think covid um despite the terrible orwellian nature of the lockdowns and the forced vaccinations whatever it may be was terrible i do think it really incited this trend of states asserting their autonomy from the federal government which hopefully picks up and hopefully we do have the original constitution to fall back on in the republic of autonomous states and we get back to that but um that's all the time we have you have you have another engagement that you have to get to we had a quick 40 minutes here i could go on for hours with you i feel but uh i just want to thank you for all the work that you've done uh in your position over the decades to really drive these issues to the fore and make people aware of

them. And I do think we are at a very interesting point in history where it does seem like that ability to revolt against these encroaching forces, the Davos class, the fascist government and corporations that have teamed up. I do think the environment is bubbling to a point where people are pissed off enough to begin fighting back and taking back their civil liberties. I do hope so. I do hope so, because America and Great Britain come from the same roots, as it were, the same roots. And if you go back to your 70-76 award of independence, because you wanted our Bill of Rights, you weren't getting the benefit of our Bill of Rights. And that's what you wanted. And that's what you got in your constitution. So we're joined at the hip

in many ways. And what's good for you is good for us. So we certainly hope over here that you get your house in order and hopefully will help our house being put in order, which is equally desperate with our open borders here, of course, as well as you have over there. We have open borders. We don't know where it's going to end. We're run by the WEF, including our King and our Prime Minister and our Chancellor. We have been disenfranchised in the same way that you have. But we have gone through, both our countries have been through bad times

and we've come out the other end and let's hope we do this time. Let's hope. You keep fighting the good fight. We'll do so over here and hopefully we see each other on the other end more free and with more civil liberties. Godfrey, thank you for your time.

A great pleasure. Thank you for inviting me. All right. That's all we got today. Peace and love. Tiki. Thank you.