The Chris Voss Show - The Chris Voss Show Podcast – FICS Fiat Inflationary Circulatory System: The Solution by Ryan Riggs

Episode Date: April 5, 2025

FICS Fiat Inflationary Circulatory System: The Solution by Ryan Riggs Amazon.com The Fiat Inflationary Circulatory System (FICS) opens your mind to a new paradigm. A new tax free economic system t...hat solves most of the worlds problems. Not communist nor socialist; it's roots are based in capitalism. However, extremely bipartisan approach. A workable system that reforms our political system, offers free healthcare, access to a home, food, a college education, have the lowest crime and unemployment rates possible, interest free loans and grants, ending illness, traveling and colonizing the planets around stars, ending oppression and suffering, maintain individual’s rights and freedoms, maintain the strongest defense and military in the world.

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Starting point is 00:01:16 itty, and all those crazy places on the internet. Opinions expressed by guests on the podcast are solely their own and do not necessarily reflect the opinions of the hosts or the Chris Foss show. Some guests of the show may be advertising on the podcast, but it is not an endorsement or review of any kind. Today we have an interesting gentleman on the show. We're talking about his ideas and concepts and maybe how we can change the world. It is a book that is out called Fix. Fiat inflationary circulatory out called FIX, Fiat Inflationary Circulatory System, the solution by Ryan Riggs.
Starting point is 00:01:48 And he's going to come tell us about how maybe we can build the life of politics and economics maybe a little bit better. Maybe, I don't know, maybe we can all learn to get along. Nah, that's not going to happen. Anyway, Ryan Riggs is predominantly self-taught in a wide range of fields, including economics, law, politics, history, medicine, and quantum and theoretical physics. He holds three associate degrees in mathematics, science, liberal arts, and a computer information
Starting point is 00:02:14 systems, followed by a bachelor of science in management. Since then, he's conducted extensive personal research while working in various trades, including automotive, heavy equipment, operations, management, and construction. Welcome to the show, Ryan. How are you? Pretty good. How are you doing, Chris?
Starting point is 00:02:30 I am doing excellent. It's good to have you. Welcome to the show. Give us your dot coms. Where do you want people to check you out on the interwebs? I'm on LinkedIn and my book's available on Amazon. Eventually, I'm going to start a podcast at some point called Liberty Rhino Podcast. It's on X. That's Rhino
Starting point is 00:02:45 R-H-Y-N-O. A little bit different than the regular Rhino. And that's pretty much it for right now. I guess I have an email. That's way for someone to get a hold of me. F-I-C-S-S-Y-S-T-E-M at gmail.com And that's... System.com? Was that what you had? Yeah, so it's FixSystem.com. Oh, FixSystem.com. I was going to say you got System.com. It's hard to get one word.
Starting point is 00:03:07 Yeah, FixSystem.com. Gmail.com, yeah. So yeah, it's kind of the same thing. It just always gets mixed up with that F-I-C-S and then there's another S right after the Y. Ah! There's an S after that Y. Or there's not.
Starting point is 00:03:15 I don't know. I'm trying to do a joke and there's no joke there, Chris. Yeah. That's the funny part. Ryan, give us the 30,000 over you. What's inside this book? that why or there's not, I don't know. I'm trying to do a joke and there's no joke there, Chris. Yeah. That's the funny part. Ryan, give us the 30,000 over you. What's inside this book? So, I came up with an idea. I thought, well, how can we make a system where we get rid of taxes?
Starting point is 00:03:36 Because nobody likes taxes. What? Who likes taxes? When did that start? I mean, I guess there's some people out there just love taxes. I love. Just give me more. I just can never be forfeited. Especially business owners, right? They really love taxes. Oh yeah, entrepreneurs.
Starting point is 00:03:49 Yes. And the individuals love them as much too. And, you know, they say, okay, all your tax money is going to go to, you know, this, that, you know, roads, you know, healthcare, this and that. And most of the time it goes to utter crap, really. And so I thought, what would they do if there was no taxes? How can we make a system where there was no taxes, but still provide the incentives, build, you know, have free healthcare, housing, you know, free education, all
Starting point is 00:04:20 the subsidies that people need, you know, just to survive in like the human nature, to thrive in an environment. And what would I, what kind of system would that look like? And so, I thought we get to thinking about that. So, I did a lot of research over about 10 years, figuring out, okay, how could we do this? And I realized, you know, our currency is based on a fiat system. So, it's, they're printing it out of thin air, basically. But then they're, you know, our currency is based on a fiat system. So, they're printing it out of thin air, basically. But then they're giving it to the banks. The banks are multiplying it by 10 times, or in some up to 90, 900% once they loan it out to people, then get interest on that. And that's kind of how the system works today in the most simplest form. And I thought, why can't they just print their own money and just give it out they need to do?
Starting point is 00:05:05 Well, then that causes massive inflation, right? So I'm like, okay, so how does our blood work in our body? This is where the circulatory system comes in. You know, you breathe in oxygen, it goes into your blood, and then it goes and feeds the rest of your body. What if an economic system could do something like that and keep circulating without having a spiral debt crisis or without having a massive hyperinflation like the, you know, where things cost $10,000 for a loaf of bread or something like that?
Starting point is 00:05:36 How can we hold that back? So my first thought it was like, okay, let's do a trick of math. Say soda cost a dollar and we wanted to cost 10 cents. Let's drop it. Let's drop to zero. Now it's 10 cents. What if we did that for the national debt? What if we did that for the currency itself, the re-denomination? And we also did that for the bank accounts. So that way you're not losing your wealth because everything across the board costs the same as it did before. But the psychology is a little bit, you know, you're not paying $20,000. You're now you're paying $20, you
Starting point is 00:06:11 know, you've dropped those zeros and everything goes equal. So that was where I started. Then here comes AI. Here comes robotics. Here comes cryptocurrency. And I was like, okay, wow, trying to get something like that situated through Congress or any type of political system was going to be a nightmare. So I wrote the book originally as like a bill that could be passed through Congress, something that was bipartisan. You know, you've got the Republicans really love low taxes. You got the Democrats love lots of subsidies. Both of them are happy,
Starting point is 00:06:45 you know, we should be able to bring that together. So that was my best way of putting it together, say, okay, maybe this could actually work because it's somewhat bipartisan. But then here comes cryptocurrency. And I'm like, okay, maybe I can make a, you know, if we can't get it through Congress, maybe I can make a cryptocurrency like Bitcoin or something like that, that would use a logarithms that would automatically implement the system and then have governments get a hold of that coin, kind of like they're trying to buy Bitcoin now. And then that would automatically initiate the system.
Starting point is 00:07:21 And then here comes AI. And now I'm really, you know, and I realized even back then when I when I made this system I knew that nobody's gonna have a job in the future. We got robots. We got AI They're gonna be able to do anything a human can do but the one thing that they can't do At least least not right away. They won't be able to own businesses So I based the system that where we we get people who have the labor force turns into business owners. And then all we have to do is get the GDP equal to the amount of money that's printed.
Starting point is 00:07:54 And if we can match that, you can print enough money to hold back inflation and still do that deflationary reevaluation of the currency by dropping a zero or dropping 5% or maybe using AI to automatically regulate the inflation by re-denominating the currency at that time. And as long as GDP matches the growth that we're getting, which with the AI revolution and robotics we got coming forth, you can gain like 15% of growth in five years. And in a 10-year plan I've been working on, you can literally get into this system, no more national debt, all the problems are solved, all the goals that this book has are solved, and there is no
Starting point is 00:08:47 more taxation, no more fees. Everybody starts owning a business. I mean, we're looking at what I've figured here is probably maybe from about, you know, build the military up to as strong as it needs to be, give free healthcare, free education, school choice, all the necessities that are basically the basic necessities of human nature needs. And that's given to the people who need it, only the people who need to be subsidized, people who are unemployed, don't have a business yet. And then it's kept there. So they still need to strive to be better, you know, have that American dream, right? They, you know, they got food, water, clean water, they got everything they need, a roof over their head, they're not
Starting point is 00:09:28 laying on the streets, you know, shooting up needles all day long. They are literally taken care of. And if, you know, if they, you know, want to survive and get bigger and thrive in their environment like human nature demands, then they will start a business and build from that. And then, so now you might think they're printing all this money. So here you've got all this money being printed, that's too much money. Now it's going to cause inflation because now you've got a massive supply problem because everybody's got money and they can't build the things fast enough to take the demand. So what you have to do is make sure that the growth of the economy is equal to the amount of money that they print.
Starting point is 00:10:14 And as long as that is, it stabilizes prices. You don't have massive inflation. It's not hyperinflation. It doesn't go so fast. And then when that inflation does build up to a certain point to where it could be a problem, you cut a zero point to where it could be a problem You cut you cut a zero you divide it by five now Not only do you divide the amount of money they're printing you divide the debt to the government by that
Starting point is 00:10:34 You divide your own debt by that say if you own a hundred thousand on a house You know now you owe ten thousand the house if you have a thousand dollars in your bank You know you have a thousand in your bank if a Pepsi cost a now it costs 10 cents. So it's kind of like going back into the 50s just by dropping the zero off of the money. Now it can be divided by 5% depending on what an AI algorithm would do. And I'd be calling that a deflationary re-evaluation. And that could happen multiple times quickly, especially in the beginning But you see I noticed that if you get rid of taxes think about it a Company has to pay taxes on their employees. They pay taxes on the goods
Starting point is 00:11:13 They they pay taxes on the raw materials and the fuel that they use to get those raw materials and when it comes down the line Something that might cost $10 probably really only cost a penny, maybe five cents because of so much taxes throughout the line getting to that point to where the consumer is buying it, who's then now paying sales tax and then their own work, they're paying their normal taxes and their property taxes and so many other things. Once you drop those, you you're gonna get a massive Deflation in the first place so in the very beginning it almost evens out Because you drop all the taxes then after all the taxes are dropped now
Starting point is 00:11:53 That's causing a artificial deflation right away because now Everybody can drop their prices because they're not having to pay taxes on it And then you've also got the AI revolution You got robots coming in that are gonna be doing a job for ten cents an hour instead of 50 to 60 bucks an hour in manufacturing and then so that's bringing down the prices So now you have this opportunity to break into this system where you can print a lot of money without inflation going so fast That it can actually settle and even out. And once it's evened out, then you try to build that business-based economy instead of labor-based economy. Interesting. So would you say this is a bit like, I know there's several different models
Starting point is 00:12:38 that are out there. There's the university basic income model, UBI. There was, Andrew Yang was talking about $1,000 a month to people. There's different variations. There's one called, I think it's UBI that I mentioned. Is it similar to those sort of ideas? Universal basic income? Jared Sissling I would call it the complete rival because this keeps capitalism to the height. I mean, everybody has a business at this point. You're not just giving out money to go sit on the couch. Innovation is driven because the only thing that's going to make somebody follow that American dream to succeed in their life
Starting point is 00:13:19 is to innovate, make a better business, better quality, which also you've got so many businesses now in this idea, competition is everywhere compared to now. And universal basic income, where's that money coming from? Taxes. And so they're gonna, they're already taxing them to death as it is,
Starting point is 00:13:39 which is just gonna breed massive inflation. I mean, UBI is like a nightmare. I mean, I would rather have the robot revolution taking over than UBI. I mean, how is anyone going to get anywhere? I mean, that's basically communism in a way. How are you going to start a business with getting UBI? I mean, how? It makes no sense to me. It looks like it's based to fail any type of UBI or, I mean, you might be able to stimulate the economy by giving some money to people, but to say, okay, now, you know, we have 90% of the workforce out of work, so now we're going to give everybody a thousand dollars a month.
Starting point is 00:14:17 So it's like everyone's on social security. And I mean, how good are those guys doing on social security now? Not too, it's hard. Yeah. This is a lot more, okay, let's make sure everybody is more in a middle-class sense. And then anybody who wants to become stronger than a middle-class, they better start their own business. And you know, the government can even subsidize, instead of giving a thousand a month, let's subsidize the AI robots to start a business, zero percent loans to businesses
Starting point is 00:14:42 with legit ideas. And let's get them a robot to help them work out for a thousand bucks instead of 10,000 or 20,000. And that's how you're going to build this business based economy so much faster. So where does the Federal Reserve play in all of this? Jared Sienaar There's two ways you can do it. You can just get rid of them all together and have the system itself through AI algorithms. Or you can utilize the Federal Reserve that's already in existence to do the printing of the money, but then they just need to change some of their rules
Starting point is 00:15:14 on how to basically re-denominate each time. Now, the system needs to have other countries involved in it to really work. I mean, there are ways to have exchange rates by looking through what the common price of things are versus the common price of another country who has not adopted FIX. However, it best works when the entire world and global economy does the same thing. And we already kind of have a global economy, So it shouldn't be too hard to start some kind of legal pact between countries, because it's only going to benefit them too. You know, I mean, they're going to get hurt by the revolution of the robots as well. I
Starting point is 00:15:54 mean, it's this isn't going to be like the cotton gin, you know, this isn't gonna be like, you know, cars taken away, you know, bicycle riders and, you know, things like that. It's not gonna be like that. This is, there's nothing a robot can't do in the next few years. I mean, there's nothing. And I mean, they're going to try to make laws, I'm sure. Oh, we can only have so many robots and you can only do this because you need to hire these many people. But that's putting a bandaid on this and that's not a solution. Yeah. It's kind of interesting. Well, interesting. Well, what are your thoughts right now? It's March of 2020, April 1st of 2025. There's a lot of, if you understand what's going on and who's behind it, there's a person who's gotten in
Starting point is 00:16:38 the presence here and told them that terrorists actually can work as a way to maybe solve some of the problems you're trying to solve in your book. How closely aligned is what they're doing to what you're doing and maybe different? Jared Suellentrop Let's say the reason he's doing tariffs, he's trying to bring, well, he's trying to bring more wealth to the country. So, he's trying to bring investment in the country. There were more jobs coming to the country, which unfortunately, those jobs are going to turn into robot jobs eventually. Yeah. Pretty soon more than likely.
Starting point is 00:17:06 Actually, that's a really good point. But it is investment in the country. And even if they do turn into robot jobs, it'll actually benefit this system to come into place because the more we have manufacturing here increases our GDP. And like I was saying before, if your increases you can print more money which solves more problems which allows For the system to work. Hmm So in that sense it'll it'll benefit but I haven't seen anybody come up with any solution necessarily to this AI Robot revolution that's coming that I think people don't realize it's coming in a year or two, not 10 years from now, not 20 years from now. They're talking about printing out, what,
Starting point is 00:17:51 500 million robots by 2027, 2028? Pete Slauson Yeah. I mean, just the AI and the amount of speed that it is tracking at and it's adapting, you know, that we're seeing more and more that it's high quality ability to advance and adapt and adopt. It's just kind of crazy, the speed of it. Even I've been surprised by it. Jared Slauson Yeah. Yeah, it caught me by surprise too. I mean, things that I was thinking about when I wrote this book, I knew that this would help in a robot revolution, but I was thinking, you know, 30, 40 years in the future when
Starting point is 00:18:28 I wrote it maybe, but then all of a sudden 10 years in the future, this is happening. I'm like, oh my goodness. Pete Slauson Yeah. I mean, it's just, it's just astounding. I think the opening, I just came out with a new image model or something that's kicking ass and taking names and it's freaking crazy. Jared Larson Oh, yeah. Peteus So, has this book changed? You wrote this book, I think, originally in 2017?
Starting point is 00:18:52 Jared Liesveld That's when I published it. I wrote it, started writing in about 2014. But yeah, I ended up publishing it in 2017. Peteus What was the proponent behind that? Why did you decide this was something you wanted to undertake? Jared Liesveld There was two things. I did anticipate a robot revolution in the future. I did believe that AI was coming and I hated taxes. Pete Slauson You hate taxes? I love taxes on the other hand. Jared Slauson Yeah.
Starting point is 00:19:16 Pete Slauson I mean – Jared Slauson You get a lot of that now. Pete Slauson I mean, the old adage, what's the old adage in life? So, did Socrates say it? There's two constants, death and taxes. So, which reminds me, I need to invest in a funeral home. Death is the constant, you always have customers evidently. And so, you wrote the book as much changed in your analyzation, your formula since 2017, as much changed or anything like that. Yes, quite a bit. And I was actually in the middle of trying to think about how I'm going to do a volume two of this because so much
Starting point is 00:19:50 has happened since 2014 and into 2017 that I got to write a whole other version of this based basically on the robot revolution, you know, because this book was basically written as how Congress could just pass a bill, could reform the economic system, you know, because this book was basically written as how Congress could just pass a bill, could reform the economic system, can reform the political system to try to help, you know, protect freedoms and liberties of everybody at the same time being able to print as much money as they need to because that was my biggest concern originally. It was like, okay, you know, you give this much power to somebody who can just print money out of thin air, was like, okay, you know, you give this much power to somebody who can just print money out of thin air, and it's not checked, that could cause your liberties and freedoms to
Starting point is 00:20:29 just be destroyed. And we've already kind of seen that with the Federal Reserve on how they got rid of the gold standard and everything. They're able to just kind of print money and you could see some of the waste that they're showing right now in the new administration and stuff. It's okay. How did they get into all that? You know, and it's because it's not, there's no checks there. And I had put in the book that they could do an independent, you know, committee or something like that. They could hold it all together, but then you're trusting people. Then I was like, okay, then you have this basically constitution that says you can't do these people can't do these things. And it was all these restrictions just to try to save our freedoms. But the nice thing about now with AI and robotics coming in and, you know, to
Starting point is 00:21:10 be able to add that to this system, the AI can do the checks and balances, which is nice because you ain't going to go and bribe an AI, hey, you know, here's $100,000, you know, send me, you know, a million dollars for Q-tips in Guatemala. I've tried to buy it and it doesn't work. It doesn't care about money because it doesn't need money. Exactly. It takes the human factor out of it. And in some places that's a good thing and sometimes it's a bad thing. But if all it's doing is calculating numbers, which is what computers have been doing forever
Starting point is 00:21:44 anyways, I don't see really the harm in it. It's not going to take over the military. It's not going to turn into Terminator, you know? Not yet. I mean, there's still time. Yeah. At least not in the economic system. It won't. Yeah, it's not in the economic system. At least we hope not. I mean, you never know. I mean, AI is, it's really interesting, the whole aspect of it and potential and what could go wrong, as Chris Foss likes to say during gaming. But yeah, it's interesting all the different aspects of it. So are you working on a book too then now?
Starting point is 00:22:19 Chris Yeah, really actually what I'm actually balancing back and forth. Am I working on it because it's coming so fast? I'm more working on a 10-year plan. And it might turn into a book as well, but it's more of a 10-year plan on how to get our current situation into this system within 10 years, which it would take 10 years to do it smoothly. Yeah. Could it just be done and turned on overnight? Yeah. But it caused mass, you know, hysteria. They're like, Oh my God, what happened to this and that?
Starting point is 00:22:52 People just wouldn't understand it. Yeah. You know, it needs to be a gradual change, a gradual change. And I think the AI and the robots will be a somewhat gradual change, but if it starts soon enough, then there is a 10-year plan that'll work that won't be so drastic that it just shocks the system. Pete Yeah. And yeah, people have to have buy-in, you know, they have to mentally understand what it is. I think even now, there's so many people that they just don't understand how anything works. I mean, it's really interesting to me. Jared Yeah. They just don't understand how anything works. I mean, it's really interesting to me. They have no understanding of the, the, the federal reserve, how it works.
Starting point is 00:23:28 M1, M2 money policy and stuff. They just have no fucking clue. And yet they're voting on, you know, who they're electing of, without an understanding of how things work. You know, I mean, they, they actually believe a president can really manage the economy or control the economy and just like seriously How long you guys been alive paying attention? But you know, they you know some someone someone who's wants to be president, you know
Starting point is 00:23:57 Can just lie and just say oh, yeah, we'll give you everything when you when you're like me and and yeah the taxes They'll be know this, they'll be know that. Yeah, people need to really understand things for the buy-in and get to know it. But, you know, I mean, there's always, I like to say in business, there's always a better way to do anything. So there probably is definitely a better way out there. So as we go out, give people the final pitch to pick up your book.com is where they can go and ways they can onboard with you or reach out to you. Okay. Yeah. So it's on Amazon. You can find it, the Fiat Inflationary Circulatory System,
Starting point is 00:24:35 the solution. FICS is the main title. Basically, I'd just like people to get to know how it works and understand it because it is a simplistic form of, in the books, very simplistic explaining how it can work. Just like you said, it's real difficult for people to understand how things are working now. But when you get rid of everything else and you're like, okay, they're just printing the money, they're giving you the money, and then AI is regulating the inflation. I mean, that's kind of the most simplistic way to put it.
Starting point is 00:25:06 So yeah, I hope you guys come out and give it a read. Pete Slauson Any dot coms and stuff that you want people to go to? Ryan Pildes Like I said, I'll be starting a podcast at some point, Liberty Rhino, R-H-Y-N-O on X. So, if you guys like to follow me on X, that's where I'm at. Pete Slauson What is the rhino referred to? Ryan My name is Ryan.
Starting point is 00:25:26 And I also do a little karaoke thing too and call it Rhino Karaoke. Pete Oh, Rhino Karaoke. Ryan So, I do that for fun and, you know, around where I live. So, Pete That might be fun to put that into the AI image prompt and say, give me an image of a bunch of rhinos doing karaoke. Ryan Oh, yeah. In fact, I do that actually on some of the advertisements I bunch of rhinos doing karaoke. That would be fun. Jared Liesveld Oh, yeah. In fact, yeah, in fact, I do that actually on some of the advertisements I do for when
Starting point is 00:25:48 we do karaoke. I got them doing all kinds of things, riding motorcycles, all kinds of stuff. Pete Slauson Oh, really? Jared Liesveld Yeah. It's helped on that one, yeah. Pete Slauson Thank you very much for coming on the show. We really appreciate it, man. Jared Liesveld Thank you very much, sir.
Starting point is 00:26:00 Pete Slauson Thank you. And thanks to our audience for tuning in. Ordered the book wherever fine books are sold. Fix. Fiat inflationary circulatory system. Thank you very much, sir.

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