Timcast IRL - Timcast IRL #299- US Food Infrastructure HACKED, Meat Shortages Worsen, Economy In CHAOS w/Matt Kohrs

Episode Date: June 2, 2021

Tim, Ian, and Lydia join cryptocurrency and finance YouTuber Matt Kohrs to discuss the most recent cyberattacks on American infrastructure, the 'meme' stocks, the Robin Hood app, a major gas station chain that will begin accepting Dogecoin, and the start of the Great Reset. Learn more about your ad choices. Visit megaphone.fm/adchoices

All right, so it's been, I don't know, how many weeks since the last major piece of critical infrastructure was held hostage by, so they say, Russian hackers, and then the company paid the ransom within a few hours, and it still led to this massive oil pipeline, the largest pipeline, being shut down, which resulted in people panic buying gas, and there being gas shortages across the East Coast. And now the largest meat processing company, I believe, in the world, with 23% of all U.S. beef production and 20% of pork production, has just shuttered all of its plants due to cyber attack. More ransomware. I'm beginning to wonder if this is actually ransomware, if they're specifically targeting critical infrastructure.

Now, early on, this company or hacker group, whatever you want to call it, DarkSide said, you know, ooh, it was a mistake. We didn't want to disrupt society, so we'll choose our clients better next time. And now here we go again.

Is it a different organization? Well, they're saying it's Russia again. So at the very least, we're being attacked. Our critical infrastructure is being attacked. And now we're hearing the White House is scared there's going to be a meat shortage, which is funny because there already is. The prices of meat has already skyrocketed.

There's already you guys have seen my Instagram where I post where the guy says I can't sell beef. The price is too high. So this is going to make things worse. It's a bit chaotic right now. And on top of that, you get the mainstream media saying like everything's OK. The economy is doing better than ever. And at the same time, Joe Biden's printing trillions. Economists are warning the dollars on the verge of collapse.

People have become millionaires by buying fake money. And people are now interestingly engaging in what we would refer to as kind of like an Occupy 2.0, a digital Occupy Wall Street, where people are sticking it to the hedge funds, buying up these stocks. They tried short selling, which is, well, in some ways rescuing these companies, making a lot of people rich for a silly reason, but screwing over a lot of the wealthy elites. So it's kind of like a class war is happening on top of an actual war or something. I don't know. But we're going to talk all about it. And joining us to help us understand the financial aspects of it, we've got financial YouTuber Matt Kors who's hanging out.

I really appreciate being here. I think we're having an awesome discussion tonight. You want to just do like a quick, you know, short introduction of who you are, what you do? Yeah, awesome. So for those of you who don't know me, name Matt Kors. I'm on YouTube. Just talk about a lot about stocks, options, crypto, just kind of what's going on in the market. And recently, the hot topic has obviously been AMC. And it's very, very similar to the storyline of what we saw on GameStop back at the end of January, early February. And even today, right now, we were just talking about it, of how much it ran today. And then in after hours, it's up almost another 20%.

These are Black Swan events back to back. Like, this is statistically more rare than just lightning striking over and over again. I think it's a new kind of – some kind of conflict, some kind of warfare. I mean, people might just think it's funny to buy a stock, but it's really upending the system, you know? Oh, yeah. I will say, full disclosure, I do have AMC stock. I bought a small amount earlier just because, so most people know I'm friends with Cassandra,

and she's been tweeting like crazy. And I'm like, you know what? Like Fast 9 is coming out, and everybody knows the FFCU is way better than the MCU by several orders of magnitude. So I'm excited for the movies, and I was like, I think movies make sense to invest in. But we're going to be talking about AMC stock. It's skyrocketing. I mean, it was like $3, what, months ago? Yeah, I mean, at one point, like sub-$5.

It's just been on the craziest run and back in 2020 got that low like at the end of it so yeah it's come a far way i mean from monday until this moment it's probably up close to 200 from monday until now like just a little bit over a week we have uh we have art on the wall from this guy george alexopolis and one of his comics is this like grandpa being like i don't have a lot to leave you son you know i don't have that much money and he goes i just became a millionaire buying fake money i'm like there's something is this like grandpa being like, I don't have a lot to leave you, son. You know, I don't have that much money. And he goes, I just became a millionaire buying fake money.

I'm like, there's something wrong with the economy right now. And it's not just the fact that people become millionaires off crypto and stocks and these weird moments. But I mean, our infrastructure is under attack.

Joe Biden's printing money like crazy. There was a house that sold, WAPO reported this, a million dollars over asking price. And it's huge news because people are panicking to get out of the dollar. Rich people are like, I'll take it. I don't care.

So we'll get into all this. It's going to be a crazy discussion about the economy. We've got Ian East. Hello, everyone. Ian Cross on here. I've got a crystal ball. I don't know if it's in frame. A little bit.

It's the top part of it. I'm glad you're here, Matt. Thanks for coming, man. It's going to be awesome. What's your YouTube channel, by the way? Matt Kors. Dig it. Super cool.

Simple. Love it. I'm really excited to have this conversation with matt because as you guys all know this is not really something that i'm well in tune with and he's a great explainer so good conversation but before we get started head over to timcast.com become a member by clicking this big old members only button we have stripe and paypal as options you can sign up and click the members area and there are exclusive segments from the Tim Kessler podcast. And last night, Matt Brain was actually here. He wasn't on the main show. That was Joe Kent.

But Matt Brain was actually here. He gives an update on what's going on with these audits in Arizona and New Hampshire. And I can only tell you this. We're not allowed to say what he said on YouTube. No joke. It's a bannable offense. And there's some pretty interesting things he said. So that's what TimCast.com

exists for, so that we can have those conversations outside of YouTube's censorship. And he said some pretty interesting stuff. It's not shattering the news cycle. It wasn't the apocalyptic. It was just like, hey, here's something that's happening. It's really interesting. And I think it's significant.

We were like, oh, wow, that's interesting. And YouTube is like, we'll ban you if you dare talk about it. So go to TimGast.com, become a member. But if you really do want to help out, you can like this video, subscribe to this channel, and share the show with your friends. We don't have a big marketing budget. We're not like CNN. They get propped up by YouTube, which gives them the equivalent

of probably hundreds of millions of advertising revenue just for free because they're authoritative. Well, if we're going to compete with that, here's what we do. You guys who are watching, smash the like button, seriously, and then share the show, be it the podcast or the YouTube link. Take the URL, post it on Facebook, Twitter, wherever you can, and tell people to give it a listen because we're going to be talking about stuff that is, I mean, well, we'll probably be a bit partisan as we usually, you know,

we're not big fans of the establishment, which includes Republicans, but mostly Democrats. But we are going to be talking a lot about the financial markets and how it's screwing everybody over. And I think everyone can get behind that. So share this video. But first, we got to talk about this big breaking news. Check out the story we got from Yahoo Finance. All of JBS's U.S. beef plants were forced shut by cyber attack. Let's go for the quick, quick, quick bit here. They say a cyber attack on JBS essay, the largest meat producer globally forced the shutdown of all its U S beef plants,

wiping out output from facilities that supply almost a quarter of America's supplies of America's beef. When I say supplies, all the companies fed beef and regional beef plants were forced to shutter and all other JBSpacking facilities in the country experienced some level of disruptions to operations. Now, this means pork as well. According to an official with the United Food and Commercial Workers International Union, JBS did not immediately respond to a request for comment. And I also want to point out, you know most people don't know this. There's a chicken shortage.

Did you hear that? So now there's a double shortage of just all types of of meat i think there's well i mean there's ridiculous shortage chlorine shortages computer chips gpus obvious for obvious reasons there's uh shortages of cars there's shortages of chicken and what else is what is this it's a bunch of weird stuff that's like you can't get but this this is important because there's a shortage of chicken. And the first hint of chicken shortage, the media went, oh, it's because of Popeye's.

You know, they made the chicken sandwich and now everybody's buying it. So there's none left. You know, seriously, that's what they said. And I was like, that's not true. No one's buying that much chicken from Popeye's. But they're like,

but it's the chicken war. KFC's got a chicken sandwich. And I'm like, but all they sell is chicken. Well, but Popeye's. So I'm like, it's Popeye's. But they're like, but it's the chicken war. KFC's got a chicken sandwich. And I'm like, but all they sell is chicken. Well, but Popeye's. I'm like, it's Popeye's chicken. That's all they sell. And they're like, well, Burger King's always had a chicken sandwich. No one is going as fast with restaurants and being like, give me 10 chicken sandwiches. So I thought that whole thing was weird. Then I covered this a few weeks ago. When you look at local news, what do they say? Chicken shortage, chicken shortage, chicken shortage.

Restaurants can't get cooking oil. Restaurants are charging more prices, higher prices. And I'm like, why isn't this at like the national level? Why doesn't anybody know about this? How come it's only the small towns that are saying, hey, you can't get chicken? So something weird is happening. I wonder if it's worse than they actually say it is. Because I'm not going to get conspiratorial anything on this one.

But there's a cyber attack on Colonial Pipeline, which shuts down the biggest oil pipeline in the country. And just before that happened, some people were saying there was like a massive leak of oil. Some people have said if they paid the ransom to the hackers within three hours of the hack why did they shut the pipeline down why did dhs come out and say there was no shortage when like 87 or 83 of gas stations in dc had no gas they blamed it all on people panic buying which some people did but i'm like i don't know man it's is it possible the media is just lying to us that is totally possible yeah yeah how about that You wouldn't say. So now we're here and the White House is saying this. The White House is worried there could be a major meat

shortage soon. Soon, huh? No, but this is crazy because there's already a shortage on beef. It's not even... This is crazy to me that they're saying this. And I wonder why is this happening after the shortage already hit? So I posted this thing on Instagram.

I don't know if you saw it, but there's a barbecue shop not too far away. And like two weeks ago, they put up a sign saying due to the increased price of beef, we can't sell it anymore because the price per beef doubled. And they said it was because like gas has gotten so high, it's impossible to get beef. So I'm like, we have a bunch of farms around here. And so when we went out to try and find farm meat, the shops, all the farms were like, yeah, we're struggling to get beef. Like the regulators are not letting us harvest meat or whatever. It's being restricted. So I'm like, it's kind of weird, man.

The word they phrased it, a major meat shortage, makes me think maybe we're about to see something we've never seen before, at least in this generation. Eat the bugs. With the other shortages you were talking about, is there like reasoning behind that? I think you said the chips make sense. I've been paying attention to that, but I think you said chlorine. Is it because like production was stymied in 2020 and like now we're seeing the net results of that? Or is there like a different reasoning per one? I kind of think – what's the best way to describe it?

The system broke and the establishment is desperately trying to bail water. But what they're doing is making it worse, right? So like the economy gets shut down by all these different governors with the COVID lockdowns. That is like a freight train going full speed, just stopping dead in its tracks. What happens? Well, all the carts derail and fly off the tracks. It doesn't just stop. You can't start that train back up.

So people don't realize when we're seeing this stuff. Have you seen these fast food restaurants like McDonald's offering a $1,000 sign-on bonus? That's crazy, right? Nobody wants to do the job. People see that stuff and they're like, oh, isn't it crazy that, you know, McDonald's is offering all that money? And then what you hear from a lot of these like younger leftist types is maybe if they paid a living wage, people would want the job. What they don't realize is Biden is giving everybody 300 bucks per week bonus not to work. So people don't want to work.

But what they what they aren't seeing, so they're like, so pay more money. Okay, well, you can't just pay more money. They're trying. What else it is, you can see fast food restaurants. You can see people aren't going to McDonald's, like aren't working at McDonald's. What you can't see is they're not at steel mills either. You can't see the farms where people aren't picking the crops. You can't see the people who work the beef, not there either. So it's not just McDonald's. It's across the board. People aren't taking jobs anywhere. They got a bunch of money and they don't care.

So this is crazy. It's a weird thing that's happening. At the same time we get this. The media telling everybody to eat cicadas. Have you seen these stories? No. I just don't want to eat one. Well you shouldn't. They're parasites

They could have parasites They're nasty Have you heard them scream? Oh god no Not up close What does it sound like? You know how you go outside You hear the noise

That's all at the same time It's their wings They're not really screaming When you find one And you pick it up, it flaps its wings and you hear it go. It's like really freaky. Oh, that's the vibration from the wings fluttering? That's why I grabbed it by the wings. Super, super creepy noise, man.

Anyway, the media has been pumping out articles like crazy telling everybody to go eat these bugs. And now we got one from The Atlantic that was kind of honest about it. They say, unfortunately, some cicadas taste like nature's gushers. If you must eat them, go for air fried. Dude, they're gross. We made cricket bread. Yeah, and it's like... It was under...

What did you think? I see. Yeah, underwhelming. Underwhelming. Not great. Not horrible. Yeah, I wouldn't call it bad. I would just say, like, you need it for a specific kind of food.

Like, I think it would work with a meatloaf or something. Yeah, savory for sure. it bad. I would just say you need it for a specific kind of food. I think it would work with a meatloaf. Yeah, savory for sure. Umami. We didn't use four and a half cups of cricket flour. We just had one cup of cricket flour to three and a half cups of white wheat flour. But it was definitely noticeable that it's something going on there. You got to get ready for the bugs. I bet it's so good for you too.

It is. It's got like twice the B vitamins and protein of beef. So you got to eat the bugs, man. That's the future. Well, going back to supply issues, cicadas only come up like what? Once every like 13 years or something? Isn't that? There are cicadas year round, but the big surges are like.

Cicadas every year. Yeah, there's cicadas every year, but you barely see them. You'll hear a little bit. This is Brood x where it's just like insane the 17 year cicadas are nuts and uh we've been feeding the chickens chickens love them uh bucko our cat was just sitting there like really slowly just mauling one like taking his time with it you know and because cats like that when it's still alive and it's like struggling so uh yeah i don't know i brought this one up just to be like as an aside we got these meat shortages coming and they're telling

people like it's time to uh to eat the bugs i kind of feel like a big problem with what's happening is for one joe biden is doing this this unemployment boost they're doing the child tax credit so they're giving people money like crazy nobody wants to work there are supply side issues then at the same time we get these cyber attacks and that's why i kind of feel like it's all kind of weird you know uh i'll give you some historical context about the idea of conspiracies real quick and then we'll go to the next subject but when uh the gulf of the gulf of tonkin incident happened that's that that that was when the u.s claimed to have been attacked and so we were forced to enter the Vietnam War. Never happened.

I guess historians now say it's not true, that it was a false flag, or there's no evidence to claim that we were attacked in the Gulf of Tonkin, and it was likely just made up so that we would enter the war. When that happened, people had no idea. Imagine you're sitting in your room, and then all this stuff is happening in Vietnam and you have no idea. And then a week later you find out. Or more importantly, like imagine the Revolutionary War. You're sitting in your house, you know, just finished farming or whatever.

And at that moment they sign a declaration of independence 400 miles away. You have no idea. You find out a month later when a postal carrier shows up. You're like, oh, we went independent last month, I guess. All right. later when a postal carrier shows up. You're like, oh, we went independent last month, I guess. Alright. So what's happening right now, which I find interesting, is that the media wouldn't be telling us if there was a very serious conflict happening,

something that was targeting our critical infrastructure. They wouldn't be telling us if something like right now, there could be a very serious thing that just happens. There could be another cyber attack. Case in point, an insurance company got hit by a cyber attack by ransomware before the Colonial Pipeline. We didn't know about it they never reported it so this kind of stuff could be happening we got no idea and what's crazy is the media will tell you you're a conspiracy

theorist if you if you if you pontificate on why is it that we have a meat shortage why is the people aren't working and then a meat plank is hacked the weird thing to me about it is why would hackers go after oil and meat production wouldn't they want to go after an insurance company or banks the grid

electricity oh yeah that'll be the next one electric grid so many people are dependent on it. Yeah, but they just want a quick ransom, right? See, it sounds like you're saying it's an act of war against the civilian population. I was just thinking if you went for the most damage, wouldn't that be your goal? So the hacker group came out and said, like, we didn't mean to affect society this way.

So if you're trying to make money to be a millionaire, you don't want to shut down an oil pipeline. You need the gas too. You want to eat a cheeseburger same as everybody else. You just want to be rich. So why go after meat and oil instead of a financial institution? Unless there's something going on that we don't know about which is gonna get worse there's the theory that the government the the the market was crashing anyway and that they they people were happy to use the covid lockdown as an excuse to start printing massive amounts of money and just expedite the

the crash ultimately so if that was the case there then we see like a meat shortage so maybe then now they're expediating that by trying to hack it but then that just leads towards malice i don't know if it's like a malicious hacker or a government agent that's doing it to disrupt like a chinese thing or if it's just easy targets well let's talk about let's let's let's now jump into the uh the financial aspect of all of this the uh as i mentioned you Biden's printing $6 trillion. Now he's got a new proposal, more money pumped into the system. He's going to hire people to build stuff. But the Wall Street Journal reported that people had a decent amount of savings. People are flush with cash. They said families have cash. There's just no supply. There's demand, no supply.

So if people can't buy what they want to buy, and there's nothing that's going to bring it back, why would they go start working again? If Joe Biden prints all this money and says, we're going to hire you to go build a bridge, they're going to be like, for what? I got a bunch of money and I can't buy the PS5 anyway. So now we're seeing something interesting. People with a bunch of money and nothing to do with it. And this is where we get to this story from MarketWatch. A huge day for meme stocks sees Mudrick reportedly dump AMC stock and Roaring Kitty returns to rally GameStop diehards. What does this mean?

Yeah, okay. So Roaring Kitty, and I'm sure a lot of people might know the details of a lot of this stuff. But so I'll just briefly mention there's meme stocks. There's GameStop, AMC, I think, Kodak, Nokia. Were those part of the bush?

So people started buying this stuff because memes were popping up telling people to buy it. But there was sound motivation behind it. I guess it started with GameStop. So I covered this a little bit. We talked about it on the show. It was the GameStop rebellion. People were basically saying these hedge funds are engaging in illegal activities. They're doing naked short selling. They're shorting more, more shares than actually exist, which is manipulating and destroying these

companies, which is unfair. And so this dude's like, I like the stock and he buys a bunch of it, rallies a bunch of people. And I wouldn't say directly. He's just like, hey, look what I'm doing. So then people were like, we'll buy the stock too. And it screwed over all these hedge funds. So a lot of this ties into crypto. But let's just start from the beginning and then take us to where we got to go. What's happening right now, AMC is up 38.50, I think. It's like a share of AMC. So it was at one point like a couple bucks.

People are shorting it. So what's going on? Tell us what's happening. Yeah, well, first of all, congratulations. I know there was a lot of people who were watching it today. After hours, it's just continuing to go bonkers. And really this entire group of stocks are just highly shorted ones. And it all started with this roaring kiddie character.

Back in 2019, he just slowly but surely on Reddit posted he liked GameStop. And throughout 2020, it really got some traction just the stock was doing a bit better but people like the size of it like way back in 2019 he put like 50 000 on it or yeah 50 000 and confident and then in 2020 the world shut down a lot more internet consumption people started taking note of it and then in january it started to pick up and that's when it went crazy. Like he was up millions of dollars. That's just like one guy, it was just insane. And like, everyone's looking at the money and he just, it was funny. Cause like he was the guy who started all of this. He was diamond handing it. No matter what,

I think a lot of people faced with that money. We're like, Oh, how could you not take it? And he just kept doubling up, tripling up. so explain diamond hands we have a shirt but you can bring yeah diamond hands it's more of a reference to oh really almost poker like if you have a strong hand you don't fold so diamond being the strongest thing it's like you're just not falling no matter what happens technically fundamentally you are just not getting out of the position and that just caught i think it was really the perfect storm of a couple psychological events of people in 2020 hurting for money sitting around hearing this cool story it was perfect it played into that narrative that resonates with a lot of people of david and goliath it was this underdog this one guy calling

himself roaring kitty and well he actually uh actually has the other name, DFV. And people just liked it. Deep effing value. Yeah. They liked where it was going with it. And then when it exploded in January, for those of you who haven't been following this story that closely, in late January, before we knew it, GameStop was trading sub-50.

And at one point in pre-market, it was above 500. In market hours, it was above 400. It was going so crazy. And people were making a lot, a lot of money. So at that point, what had happened is this all happened because there was a high short interest. In the world of stocks, you buy a stock, you hope it goes from X up to Y and you profit that difference. So it's like if you buy a stock at five, it goes to 10, you sell it, you get five bucks profit. Yep, exactly. So in the stock market, there is an

option to do the opposite. You can sell it at Y, hope it goes down from 10 down to three and you profit seven. So with that, the only way to pull that off is how could you sell something you don't own? Well, you end up borrowing it from someone and it's basically an IOU. You want it to go down, you buy it back and you give it to that person. Well, it got so out of hand with GameStop at one point out of all the shares in existence, there was 140% short interest against it. So like people are like, how is that possible? How could you possibly short more of the stock than even exists? Because like someone was borrowing it and then selling it to someone else who was then using it to like, and then someone borrowed it from him. Yeah. It was just this never-ending daisy chain of I own it.

I loan it to you. You short it. He buys it. He loans it out. It was just buying, loaning, shorting, buying, loaning, shorting. And it was just recycling and it got so huge. And actually what we just explained to the letter of the law right now, not a financial advisor, not a lawyer, but that's legal. That is a legal practice right there. You can do that. Naked short selling? That's what I just described

is not naked short selling. So that's normal shorting and that's allowed. And what it is, it's just the amount of people are getting caught because when you have that much money betting against a stock, historically it does go down because it's just big money. They must know something. We must be getting it right. But once in a blue moon, there's enough people that start to pile in against that trade and to get out of short, to close that position, you have to buy back to the market. We'll say I have a big short. I closed mine.

I lost a little bit. But because I bought it to close the position at a small loss, it goes up a little higher. Well, you hit your risk tolerance. You're another short. It goes up a little higher. You hit your risk tolerance. And before you know it, it gets so wildly out of hand because all the shorts are covering.

They've got to buy the stock to cover the short. Yeah, they hit their risk tolerance. And if you own a stock, your risk is technically capped if it goes to zero. If you're short a stock, your risk is technically infinite because it could just keep going up and up and up. And that's what happened. When you have so many shorts, mathematically, the ceiling just goes higher and higher for every short. And so people saw this phenomena and they found other highly shorted stocks. So GameStop led and they're like, hey, I kind of missed that train. But all of a sudden you have BB, NOC, KOS, and one that really, really caught people's attention.

And honestly, why I'm here right now is because of amc so people noticed it and in early february all these highly shorted socks kind of took a breather but at that point the amc community specifically it exploded on reddit twitter and youtube why i think something about the point of it was a psychology play of with gamestop if it was trading at 200 bucks you could buy one share and then if amc is trading at 10, you could buy 20. So you just felt like you could buy more, like there was more of a psychological reward, especially with a potential massive squeeze incoming. It's like, well, I'll make more money. People just wanted more shares. What's kind of funny about that is that it doesn't matter how many you have.

It matters the percentage gained. Yeah. You know, so if you, if you like, when it comes to Bitcoin, everyone's like, oh, I can't spend $40,000 on a Bitcoin. It's like, no, it's a percentage gain. It's like you put in $100 and it goes up 10%. You made $10. It doesn't matter. However, when you realize that people think that way, then it actually kind of is better to have stocks that are cheaper. Because instead of thinking about percentage, the person buying is going to be like, wow, it's only $1.

I can buy $10. So they actually drive the price up faster because the stock is worth less per share. Yeah. And with that, as the community grew, this is like they were talking about naked shorted with the first GameStop thing. But now that it's been a couple months since early February, there's been so much DD and research going on. And this is where we entered naked shorts, which is an illegal practice. So in the example of I own shares, I loan it out to you, you borrow it, you pay the fee, you short and that daisy chains. So what naked shorting is, is actually when you take the short position, and you never ever borrowed it, it just did not exist. So you just added more

supply out of nowhere, it exists digitally, but you're increasing supply. Demand stays the same. So it's driving the stock down. You just increase supply. So with that, and then it gets more out of hand because you bought these fake shorted shares, like people refer to them as synthetic shares because they never should have been shorted.

You bought them off of him. You think you have legitimate shares. So then you loan them out to someone who actually want to short. And you get this tree root system of all these actions that should have never happened because of the initial naked short. So the system is basically it's got a bunch of hollow points. Yeah. And then when it comes due, what happens?

So that's the interesting thing is so the way we're using a broker, you you sign up to weevil or whatever it is you have a broker well hedge funds have prime brokers and just a fancy name for whoever facilitates their trades so really the prime broker is the person who is supposed to locate the shares for them to short but uh to the best of my understanding they have like two days to locate them sometimes they don't and they can even kick that can down the road and before you know it in high volatility stocks are so many trades so much and you just don't know how out of hand it gets. So really they get a slap on the wrist. They're supposed to buy the shares that should have never existed off the market, and they did it.

But one of the main things I kind of stress to my audience is, yeah, okay, you bought those shares off, but there's no way to get back any of the damage that was done from the result of how long they were on the market. So hold on. Let's think about it for a second. It sounds to me like what's AMC currently short interest? What percentage of AMC is it? 18 percent. And that's the ones that are legitimate legal shorts. Inherently, there's no way to track illegitimate shorts because they were never documented, hence why they're illegitimate.

Wasn't GameStop like over 100%? It was at 140 at its peak. Where's it at now? 20%, 21. So it's way, way down in terms of... Yeah. But if it's over 100%, then it's basically like a guarantee

they're gonna have to buy your shares off you at some point, no matter what the price is. Not a guarantee because with that much money betting against it, usually they're right and they actually drive it down.

That was the argument. There were so many hedge funds piling against AMC, GME, and these others. There was a good chance of them forcing it to go bankrupt. But with a whole bunch of bored internet people, that's a really difficult thing to go up against. It's a hive of bored people with stimulus checks. And I think that's one of the things really going against the hedge funds right now. From early February till now, the community specifically in AMC

is getting bigger and bigger and bigger. The CEO, Adam Aaron, was talking about there's 3.2 million retail investors, individual investors. Wow. And that was actually a little bit ago. So now it's just the word is spreading. Even this, me talking here, more people are finding out about it.

And it's getting bigger and bigger and bigger. So at first it was this storyline of David and Goliath, the little retail traders. But now there's so many little Davids that you almost have like a whole other Goliath versus that original Goliath. This is interesting. There are some questions about the security and the value of like a stock, for instance, because they can always dilute. When we look at Dogecoin, for instance, the price goes up simply because it is a scarce commodity to a certain degree. Its price reflects its scarcity and the demand for it. So Bitcoin is becoming increasingly more scarce just by nature of what Bitcoin is.

People want to use it because it's a safe, decentralized store of value. So the more people want to use it, the price just keeps going up. So the people who are holding it are happy and people want to get in because it's going up and it's like a system where everyone's just like,

we got to buy more, which just drives the price higher and higher. With stocks, they could dilute and that could negatively impact you. All of a sudden, there's more shares,

they get sold and now it devalues a lot of these shares. But at the same time, it's not incredibly common that they'll just keep printing shares, right? They can't just do that, can they? Well, there is a process where you ask for a shareholder approval to authorize new shares, then they're authorized, and the board and the leadership team, when they deem it necessary, then they can do it. So there is a certain, I guess, process that they're going to go through.

But even talking about that, that happened to AMC today. So... But the price still went way up. Exactly. So it's not a definitive thing because sometimes you're diluting or you're doing an at-the-market offering

to raise money. And then it's the perception of the public of, did they do it for a legitimate good reason? So yesterday they sold about 8.5 million shares for around $27. They raised 230 million. The reasoning for it and the CEO tweeted out was to acquire more movie theaters, expand their market share. And then today, well, this is a whole nother weird, I guess, turn of events. It gapped up. It was strong. Midday, the hedge fund that bought it actually sold it. And they not only sold it, they did it all at once.

And they did it during the market hour, which is a really, really sneaky tactic. And the reason it's sneaky is because midday, especially from 12 to 1, everyone's on lunch. It's the lowest volume part of the day. So whatever you do has the biggest impact. So the whole point of that psychologically is you see the jump. People get scared. They get an alert alert and it causes like actual capitulation. People are like, what's happening? Yeah. It stopped loss orders. It caused capitulation. And then people get scared. They're like, hang on. I don't know what's going on. People, the, one of the quickest things to drive

a market up or down is greed and fear. And that's what you do. Like, so when stock goes up, you have FOMO buy. They just see it ripping and everyone's like, I want to buy you hop in on it. The opposite true is you see a big red bar, you get scared. And because you get scared, you sell someone else's sell. Like the stock market is so emotionally driven. And sometimes that could be used to a benefit and other times it's not, but it was just so strange that they bought it at 27 like that and then they sold it today and not only was it a weird timing and they did it all at once you could see the volume traded in like a particular three minute time frame but beyond that they went out of their way to make a public statement that it's overvalued so within one day they loved it at 27 and then they tried to drop it at 32, 33.

They're scamming the market. Yeah. That's what it sounds like. And it's weird because you'll have some correspondents talking about all these retail traders manipulating the market. How is that not? When you know people are paying attention to it

and you go out of your way to make a public statement where it's just listened to, and that's why this is getting, they're just throwing gasoline onto the fire with this type of thing when you act that way because people who are on the fence of like maybe there isn't manipulation maybe we're overstating it then they hear storylines like this and you're like what are you possibly doing like it's so so bad and then there's a couple of things more things that play it, but then the media reports on it and

it's always like retail, they shouldn't be doing this, blah, blah, blah. Like it just gets so out of hand and it's just feeding the fire bigger and bigger. This is what I was saying earlier on with the other segment about, you know, meat shortages and stuff was, uh, that it's like the system is, is collapsing and they're trying to stop. They're trying to bail water, but they're making it worse. I look at it this way. They issue this unemployment bonus. Everybody's now getting an extra 300 bucks. A lot of people have money from their jobs. Not everybody was working, but people have money from unemployment and nothing to buy. So here's something you could buy. You can download an app and just buy something. It's like, what else are you going to do with it, right? So all of a sudden now, you've got this massive short interest on

stocks like GameStop or AMC or whatever else. And 3.2 million retail investors who can't go anywhere, can't do anything, and are bored and are like, yeah, I'll join in. I'll buy something. So you've got this lockdown. They shut everything down. It damages the economy. Then at the same time, people have nothing to do. So they switch to this, which causes hype. It's like everybody pointing a laser pointer at

the same spot at the same time with millions of people. It's going to actually start burning. And now the hedge funds are freaking out. So it's like Biden and the Democrats think we're going to do this unemployment bonus. It's going to help people. But instead, it just causes more destabilization in a sense. If people are able to or i i i don't want to frame like a bad thing i mean these hedge funds shouldn't be able shouldn't be able to do what they do anyway you know we had uh are you familiar with max kaiser no so max kaiser is a big financial guy he's a big bitcoin guy and he was on the show talking about how these hedge funds just get they just get free money from the government anyway the government just prints stuff gives

out the loans from the fed and then they can just do whatever they want with it and it manipulates the whole system and it basically strips the value from working class people. All of a sudden, whether intentional or not, working class people said, I want to play the game too. And now they're, you know, firing their lasers on the same direction. And it's causing serious problems for the ultra elites and the financial system itself, which has been stripping value from working class people. It's just, it's exactly that. It's that like the pompous attitude of an elitist of like, I know what's best.

I'm doing it right. Let me gut the economy to make millions or billions myself. And like working class, hey, you'll be fine. Like just, I'm right. I know what's going on with money. And they get so, so angry about it of like, they're using all these antiquated models of like fundamental analysis of game stops overvalued amc we have to short it you don't know what you're

talking about well at the end of the day value is a perceived concept if i want to buy amc at 50 and if enough people want to buy it at 50 it's going to trade at 50 that's all it is there's no rules it's it's unsettling to some people but it is legitimately a house of cards, and we were the ones who give it value. Enough people give it value, and that's what it's going to trade at. Is 18% short interest enough to actually have a massive short like GameStop? Yeah, so that's an awesome question. Obviously, people compare it to GameStop, and they're like, hang on, that's a lot lower. In terms of magnitude, it is considerable.

Tesla is considered to be a highly shorted stock. It's not at 6%. And then you have a normal stock. So Tesla is at like 5 something? 5.8%. And that's considered high? Yeah, that's a shorted stock. And then a normal stock like Apple is at 0.8%.

Shorting is a very abnormal tactic in the stock market. Most funds, most everything is a long only. You're buying and you're hoping it goes up. Shorting is definitely bucking the trend. So I get it 18%, 20%. What GameStop is that now? I think it's 20.6% the last time I checked. It's like trending.

Yeah, it's still just high. The magnitude is there because as of now, in existence, there's about 500 million shares of AMC. That's how many there are. So that means there's about 135 million roughly that are on loan that we know about that could be legitimate shorts. So what happens is it goes up. Those 130-ish million shares have to be covered for. At a certain point, they're going to hit their wrist on it. The price has to keep going up yeah and beyond that their back is like they're fighting time because every single

day they pay a borrow fee but if you own amc you just sit there so so pay no extra fee you're just like let's see how it goes so again i mentioned this early on full disclosure i do have some amc i also i bought nokia because i like i you know i generally genuinely thought those they were good ideas like cell technology it's i'm a big fan uh i used to do a ton with mobile tech i used to i have my own app and uh then with amc it's like the only thing i ever really used to do like when we go i don't go out we go to the movies like on the weekends we'd like go see a movie and so i'm like that's something i care about i also at one point had stock in blizzard okay because i'm like what do I do and what do I care about?

Video games, technology. So I bought some AMC. But it sounds like this short interest is high. And if everybody just decides to buy some AMC stock, then the short sellers have no choice but to high at massive high prices. So what happens if they can't afford it? Well, that's to the point where they get margin called and have all these new SEC rules of collateral requirements. It can get super hairy.

But what's even on top of that, not only is it high, it's going up. The short interest is getting high. They're taking more bets out of it. It's not like it's staying constant. Yeah. So there's new players and stuff. But at the end, it's literally throwing gasoline onto this fire. It's insane.

So I've talked to people about this. It's an interesting gamble, right? Let's say a stock's trading at $5. And it's got a lot of short interest because they're like, it's a trash company. It's not going to work. The market's changed. And then you get someone on the internet that says, hey, everybody buy this. Now it goes up to $ bucks. Well, the people who

already thought it was overvalued at five are now like, dude, it's way overvalued at 10. Do it. Short it now because you're going to make twice the money you would have made before. Then more people on the internet drive the price up to 50 bucks. Well, certainly then those people are going to be like, what? It's at 50 bucks. These people are insane. It's going to collapse. Short it now. Every time it goes up and they think it's overvalued, it's basically two forces. The internet stock mean people are betting that they can have diamond hands longer than the short sellers can hold out. So like you mentioned, if they got to pay a fee and the people holding stock don't, then it's lopsided in favor of those who just bought the stock and are sitting on it. It sounds like it's lopsided in favor of those who just bought

the stock and are sitting on it. Oh, yeah. It sounds like it's not even a gamble. I mean, a lot of people have likened, like they're saying millennials are playing the stock market like a casino. And I'm like, I don't know. The way you describe it, maybe you're wrong. Maybe I shouldn't take advice from you.

But if you're right, it sounds like you're saying it's a really, really good bet against really dumb people. Yeah. And I mean, there's two things that go into that. A lot of the people who've been involved with it, it's more of the mindset of I had nothing before it. What's the issue with going back to zero? Right. Many people, they're like, I have nothing to lose. So it's like, if you call our bluff, we don't care. We're going to call your multi-billion dollar bluff.

I mean, this was when the stock's at 30, and I believe the stock's at 38. At 30, from Monday till now, the shorts are down $1.5 billion. And that's just from Monday. It's been going up before that. And we saw what happened with GameStop. People are still thinking they're going to win this game. I still have Dogecoin. It drops by like 50%. I'm like, hey, whatever.

I bought more actually. I bought more today. I mean, and that's just the whole mindset of Diamond Hand. Cool. They see red. When I'm streaming and there's any notable drop, cool, buy, discount. People, it doesn't phase them now. Maybe it started out as a joke of Diamond Hand, but now it's truly the descriptor of most people's mindset on this.

They're like, we don't care. I saw a meme. It said GameStop is the new gold and AMC is the new silver. Because people are making the joke where it's like, as long as it's a scarce resource that could be a store of value and it can't be copied store your money in a stock i guess because it doesn't matter if the company is doing well or not if people just believe in the stock yeah so it's it's like you know we had uh we we we routinely have people here who say i'm not fans of bitcoin for some reason right and they always go like where's bitcoin's value come from and i was like confidence a lot of people like Bitcoin.

It is scarce. It's a deflationary currency, or I shouldn't say currency, it's a deflationary store of value. And people feel confident that if they buy it, they will retain or gain money. So long as that confidence exists above a certain threshold, it's going to keep going up. And when you see Goldman Sachs and Morgan Stanley and whatever, when they're all just basically like, yes, we're bullish on Bitcoin, I'm like, OK, well, all right then. So why wouldn't I think crypto is good? You look at GameStop, they could issue shares, I suppose, or whatever. Same principle, though.

It is a scarce object that can't be copied and people feel confident that buying it will store their value or make them more in this instance a lot of greed the funny thing is it seems like the power of the internet and the meme factories is the meme magic in this is is is real and the media's attempts at manipulating isn't working right so they they i think what recently like uh cnbc called gamestStop and AMC penny stocks or something like that. And GameStop's at like $2.50 and AMC was trading at like $20. Everyone's freaking out and they're saying it's penny stocks. They're trying to meme it down.

But there's too many people online who are like, I'm just going to buy it anyway. Here's how I feel about it. I bought Doge and I'm just like, I honestly don't care. I bought it because I want it. That's it. Some guy made a million dollars, became a millionaire off Doge. Good for him. He's still holding.

A lot of people are buying these stocks just to have them. Because I think about it this way. You get a check from the government that you don't need. And they give you like $600 or whatever whatever a stimulus and you're thinking like i don't know what i'm gonna do with it you can't buy a playstation they're all out it's like okay well you know i got a computer i can play computer games uh you know whatever i'll just buy some game stuff i guess and they forget about it and then they're just holding it and not caring because they didn't need it in the first place i it blows my mind. This was over the weekend, and now the stock's even higher.

This post market is a new all-time high. So as of last week, I was getting DMs from people between options and stocks. They would send me a screenshot of their Webull, not even the highest tier of trading accounts, up 2.3 million. I was like, oh, what are you doing? I'm throwing it back in. What are you going to do with the money money they're so pot committed to this play and i love it and like the hedge funds or even now there's some retail who think it's going to go down and

they're betting against it i think they've played it wrong in two very notable ways and the first way they did it was actively speaking out against it they're going on certain news outlets and they're just fanning the fire. One of the best things they could, it's as weird as it sounds, they don't get the internet. As soon as you tell someone not to do something, it's the first thing you want to do.

So there's one analyst out there and about a month ago, he came out with a price target of a cent on AMC. As in, it's going bankrupt. It's not worth it. And he keeps doubling down and every time he does it the he now has not only blocked everyone in the community which had to take hours of his life he made his twitter private because like everyone was just

arguing with him and that was the joke like i was even tweeting it's like wait is 30 bigger than a cent like i'm not the best at math i'm dumb money i just don't get it but like my it's in the green like it's the game to us and like they just don't get it and which that has not only throwing gasoline on the fire which i keep saying but now some of these other hedge funds they're joining in on our side black rock the world's biggest hedge fund is long vanguard is long they're long on amc they're switching it and they're buying huge amounts they're taking out a competitor like they're the agile ones that are clearly seeing the landscape and they're like well we're gonna take this one out melvin capital was the one that was like notoriously against gamestop in january february he lost 50 in the first quarter but like what's weird and this is like what irks I guess the average person.

If you blew up that bad, they just got bailed out. Cohen's.72 and Citadel, they're like, ah, we'll buy you out. We're fine. And like when you really look into it, like on the top level, it's fun. And then when you look into it, I truly get the frustrations. If I sold something on the street that legitimately did not exist, I get in serious trouble. I do it two times. I could go to jail. Yeah. You, the more you do, but someone like Citadel does it. And it's a fine. You look at the fine and you look at the profit from that trade. You make a hundred bucks, you're fine. 10. Why would you ever stop that practice?

Ever stop that practice. And that's just one of it. you look it up citadel like from 2006 till now there's like 20 times 50 or some absurd amount of times that they were caught which doesn't tell you how many times the finner and sec did not catch them right doing stuff and it doesn't matter they have so much power citadel security is world's largest market maker we are not getting away with it's just it's insane here here's here big, big, big problem I see. What do you do with the money when you get it? Let's say you're somebody who, you get a stimulus check. You bought a bunch of stock of some sort.

It skyrockets. You're a millionaire. What do you do with all that money? I guess you could buy a house. The problem is the housing market's insane. People are buying property sight unseen. We mentioned earlier in the show, there's a WAPO story about a house that sold for a million dollars over asking just because people are like i don't care i'm gonna buy the house so sure you make a quick million bucks off doge or gamestop or amc what do you buy with it what can you buy with it we've been waiting for over two months

to get a new computer for the studio had to order it we needed an upgrade and they're like sorry we're all out of chips like what's going to wait i guess so i think what's happening is it's good news for the little guy in a certain sense it may be bad news for everybody in the long run you've got people who are making tons of money and there's a reason why they're putting it right back in what else they're going to do with it i think for them because they started pretty close to zero, many, many people. They're just like, well, let's see how big I can get it for like – the joke is when Lambo. But they're basically describing like when do I get life-changing money. And I mean just anecdotally, I don't have the stats on it. But like the thing I hear is I finally paid off my student debt.

I finally paid off my mortgage. I finally am not begging verizon to keep my internet on and like and then other ones it's like very sad like i mean when i started this you project yourself on it i'm 26 i thought it was fun i was in on the bet and then i threw this platform that i've been so fortunate to have like you get real stories like some people were reaching out to me of just super super sad things of like I was financially stuck in an abusive relationship and I can finally leave that. And like that just resonates. Like I started this for the lows and the jokes but like seeing what it's become and like positively impact it.

And I get what you're saying about like certain material things. But I think just how on like a deeply human level how upset people people have been with how their life has been going. They're clinging on to hope. And I think that cling on to hope is the exact reason why these hedge funds, they're not going to end up winning it because I think they're undervaluing people's ambitions to hold on to that.

It starts as the joke, but when you like really unpack the psychology of it, I just don't see how they end up winning this particular one. I think a lot of this is evidence to state that the U.S. dollar is going to collapse to some degree, meaning it'll exist. I'm not saying it will cease to exist. But if you've got people who are getting millions of dollars and then just putting it right back in, if you've got hedge funds now joining in and people don't want to work what's the value of a dollar if you can't buy something

with it so if somebody's got millions of dollars in stock they don't need a job if people are getting paid by the government unemployment checks bonuses they don't need to work if you can't even buy the playstation you want then what am I looking forward to with working anyway? My bills are covered. So what happens then is the ultra wealthy, the hedge funds who are like, we've got a billion dollars. What do we do with it? Nobody wants to work. We can offer people more and more and more money. They still won't take the jobs. The money has no value if people don't want it. That's the value of the currency is the confidence behind it, but anything really. So it it seems like right now a lot of people have more faith in amc's stock not even necessarily as a company just like the meme stocks then they do the actual u.s dollars to do something with

oh yeah and i think that's why what we saw playing out with dogecoin why it happened it's like i'd rather take that bet and whether people are actively paying attention to it or not you alluded to it before the inflation is incredible like the can we are kicking down the road is way beyond a can we are rolling a barrel of oil and there's like a flame right behind it it's just the the policy of unlimited quantitative easing i get it at a high level of like let's help out with unemployment. Let's just see if we can assist with it. But the degree – the magnitude to which it's like surpassed 2008 and 2009 is just unlimited currency. Of course it's going to devalue it. And then like I'm sure you guys are better to comment on like then what it changes in competition to the yen and that stuff. Like there are serious political global ramifications of the actions.

And I'm by no means in economic expert, but like I'm at least smart enough to recognize it's not good. Yeah. I think I'm not going to tell anybody what they should or shouldn't do. I don't give financial advice on this show, but I'm buying crypto. Oh yeah. I'm buying crypto,

man. I was reading, what was I reading today? Well, for one, we saw recently Goldman Sachs announced they're like you know

oh crypto is a new you know key asset or whatever an asset I've already a class an asset class so they're like telling people like

there's something you want to buy and Bitcoin is decentralized it's it's possible but you know extremely difficult to manipulate you know

there's things you can do like with what Elon Musk did. But I look at what the rich people are doing, and I'm like, they're preparing for something. There's mountain bunkers in New Zealand. You guys ever hear about this? Rich people have landing strips in mountainsides. Like D-Day bunkers almost? Yeah, so the apocalypse happens again to planes. It's like, why not, man?

You think Bezos doesn't have a Fallout vault? Why wouldn't he? He definitely does. Like a seed vault. You know, that arctic seed vault they have. Svalbard? No, no. Yeah, I think it is.

Yes, in Svalbard. I don't think – I mean, maybe. I'm saying straight up like if I was Jeff Bezos, I would literally make like a Vault-Tec vault. I'd be like just – you know, I don't want to do an experiment it's like they're doing the game just want to have a regular vault so build it why wouldn't they but they do they do have things like this they sell like missile silos that have been converted into homes you can like you go down like 16 or 20 stories whatever so anyway rich people have prepared for a lot of really crazy things but now you look at what's going on with cryptocurrency. Yeah, the ultra wealthy are buying into it big and they're manipulating it big. Right. So Elon

Musk pulled a really shady move. He announces, hey, we're going to be doing Bitcoin for Tesla. I think that was this year, right? When he says we're going to do Bitcoin for Tesla, then he gets a bunch of Bitcoin and then announces we're not going to do it anymore. Then the value drops. But what happened? The people who were selling the crypto were poor people. They were essentially the retail investors, people who had a couple hundred bucks here and there who panicked when they saw it collapsing and like, oh no, Elon Musk doesn't want to use it anymore.

Oh no, Square says they're not going to use it. So they all sell. Guess who buys it up? The rich people. The rich people buy it all up and then after that dip, Goldman Sachs comes out and they're like, oh, by the way, we're going to recommend all of our wealthy clients buy more into this. So I'm like, I look at what they're doing. I wouldn't necessarily do everything they've done.

Shorting GameStop seemed to have been a very bad idea and AMC. But I also wonder if what they're doing with crypto manipulation is to cover their losses. Like a lot of these hedge funds are like, if we go belly up, it's going to be 2008 all over again. What can we do? And it's like, well, let's steal the money from poor people through cryptocurrency and use it to cover our losses. It's one of those things that like on my end of it, it's hard to like tie things exactly together unless you're the one executing the trade. But we really commonly see the opposite moves as if they're trying to cover margin requirements, liquidity calls in other markets and that stuff. And it's an easier asset class to move money, to wash money through.

You do see weird things. And I'm like, maybe at that point I'm putting on my tinfoil hat. But I don't know. It just seems very, very realistic. I've got two views on this. How could a regular person think that they're going to be able to beat the hedge funds who have got friends in government covering their asses? At the same time, I wonder how can the hedge funds think they're going to go up against

3.2 million regular people who can just flood the zone with cash and shut them out? Yeah. It's hard to know which way it's going to go up against 3.2 million regular people who can just flood the zone with cash and shut them out yeah it's hard to know which way it's going to go i mean you could always have um i mean one thing we haven't touched on is at the start of february the brokerages just stopped the buying and everyone's like you can right you can do that down not just almost all of them right robin hood i guess became the symbol of it just because of their name they're like it doesn't seem like you're rob Hood. That's pretty weird. Robin poor. Yeah, but they were robbing from us, but they stopped it. And everyone's like, whoa, whoa, whoa.

Like whatever we've been pitch of this concept of the free market, we're like, that seems super not free market. Hey, man, like what's going on? And we're not like the way the legal system moves. It's so slow. And like right now there are certain federal and statewide cases against Robin Hood. But you hope it doesn't happen again. But we're about to find out most likely and we'll see.

But the amount of distrust in the system at large, whether it's the political system, the economic system, I feel like it's growing. And like I don't know, like at my age, maybe I just haven't seen enough. Maybe it's growing and like i don't know like at my age maybe i just haven't seen enough maybe it's been worse at other times but the times that i've been actively paying attention to it it does seem like it's upticking of just like the underlying anger and distrust for our systems how much of this is just greed just people like i'm gonna turn my paycheck i'm gonna double my paycheck right now you know what i mean like you go you work you get a couple hundred bucks or i mean a lot of people aren't working but let's say you did work and you got paid a thousand bucks you're like whatever i'll put it in amc for the week pull

it out back at 2000 right i mean very possible but i could also argue it's greed the other way why do they keep shorting it they think they're so right and they're trying to make money about driving a company into the ground it's just i mean I think everyone is in it for self-benefit. It's just like you're going to argue your point stronger. You look at – crypto is a really good example of the greed I think because we get super chats all the time. And it's like, you know, Tim, you really got to look into this particular cryptocurrency and it's called like flobble coin or something. It's like I've never heard of this. It's worth like 0.00001 of a cent.

And it's like I personally have 14 billion of these coins. So like everybody has got to get it. It's the new thing. And I'm like is it the new thing or is it just the one you bought? And you want everyone to buy in so you can cash out. Yeah, I mean I think I even experienced a little bit of that after the Doge run up. Like everything seemed to be like – they even pitched us that. They're like, oh, it's just another meme one.

Like they were trying to hop into it and i always took the argument that it's very difficult to recreate a perfect storm but man if if gme was one it seems like the community at large is about to pull it off with amc again they to some degree pulled it off with doge and we don't even know if that storyline is really over like the same thing it went up might be taking a breather sell out a new price and then rip again like you just don't know but it seems like all the changes and maybe it's because of technology it happens so much more rapidly and uh at just like the ferocity of it is just such a greater magnitude of like just the the swings up and down just across the board it's not it's it's it's it is it's nuts like i'm watching the the like my stocks and i'm like if i was perfectly trading

like here's the peak sell like here's the the dip buy you'd be making like millions per day oh yeah just like and it's an exponential increase the more money you make the more you do and eventually you get so big you're actually swaying the market yourself with your buying and your selling. Like the act of buying the dip makes it spike up. And then when other people get FOMO and buy in, you sell. It's just watching cryptocurrency prices where it's like 42, 33, 37. I'm like, man, people are becoming billionaires off this. The ones who are pulling off those trades perfectly.

I can't see man how an economy like this works i i don't understand it it seems like it's we're not completely off the rails but it feels like the train is kind of shaking of it's starting to get there it's like really picking up but i wonder that it's like one of those things like maybe should i've just started the economy for like five decades of my life and i'm like oh this happens every so often or is it a legitimate shift in the direction that we're actually going? Like is it truly unsafe? I think there's a shift.

I think something's going to change. Check this out. So we got the story from NBC10 Philadelphia in a convenience store chain first. Pennsylvania's Sheetz. I'm saying that very carefully for you to start accepting crypto. Quote, we're very excited to be working with Flexa to roll out support for cryptocurrencies and other types of digital assets at our stores. Linda Smith, payments manager for Sheets, said, you gotta be very careful with that. We're probably getting demonetized anyway. They're going to be like, you can't say those words.

So anyway, they announced that they're going to be taking, what is it, Bitcoin, Dogecoin, Ethereum, Litecoin, and other cryptocurrencies. This is a major chain. I mean, you've had Sheetz before, right? Yeah. I love Sheetz. You do? That was like my high school. It's like Wawa versus Sheetz.

College stop at place after rehearsals. It's pretty good. Yeah. And they got good selection. It was groundbreaking when you could go in, you have a machine, and you could pick, like, I want a sausage sandwich with onions and this, and then it's made to order. First gas station I'd ever seen that at. It's more than just a gas station.

I'm a Penn State alumni and current CEO. She's from the area, family and everything. So she talked to, like, some of the business entrepreneurship classes. Who do you think their biggest competitor is? Sheets? Yeah. I got to get creative here. it's not a gas station it's the region so i have no idea i don't know it's mcdonald's wow what and like we all think gas but you knew it right away that it's not gas all their margins are in food they completely view it to be a competitive service

to mcdonald's and that's who they're always focusing on gas is a good idea it's like if i gotta stop for gas and i'm hungry it's's like, oh, that one's got a gas pump. The other one doesn't. I guess there's some places on the road when you're like driving on a road trip, you'll see a McDonald's with gas pumps, but it'll be like AM, PM gas pumps with McDonald's attached to it or something. Yeah, exactly.

So this is big. I look at what's going on with the stocks and I wonder if it's all still part of the plan. You know, a bunch of people get these, these stimmy checks, they throw them in stocks and then everyone rallies and everyone's cheering for it and then i wonder if the big move is to get cryptocurrency new technology new opportunity certainly a lot of people became rich off dogecoin certainly a lot of people lost a lot of money on dogecoin because it's game of hot potato i guess if you didn't sell your dogecoin you didn't lose anything but some people panicked and sold and ended up losing everything. So I wonder if

there's going to be a big shift and with more and more corporations adopting crypto, I think KFC announced they were doing Dogecoin as well. Because it's good marketing. And Doge might actually be a good crypto cash.

It is a low cost, easy to transact coin. It takes little energy it doesn't matter uh if it's inflationary because you're doing quick transactions with it you don't store your value in it you store your value in bitcoin so it's actually might actually be pretty good ian's got this look on his face like it's such trash dude it's such it's such filamental trash it's like uh you can make as much of it as you want, and it has no... $10,000 per day, I think. Hopefully, they're going to keep making that much, but there's going to be like, what is it, a trillion, $30 trillion of them, or $48 trillion of them?

But think about this. You have your money stored, your value stored in Bitcoin, and you're like, I'm going to go to the store today. So you pull up your phone, you swipe and say, transfer Bitcoin to Doge, and then you scan your thing, boop, and you transfer the Doge. That's the future of economics. You have some Doge for quick cash, and most are value stored in Bitcoin. And I think a company should be able to say,

if you pass with Doge, we'll give you 10% off if you pass with Ethereum, we'll give you 7% off if you pass. So then it's up to you as a consumer to pick the currency that they want you to use. And they probably are holding a bunch of that currency. So it increases the value of the currency when you buy it. And a healthy market.

It's not the first time we've heard a big business adopting crypto. But I do think it's big because it's a gas station. And there's incentive now for people to have more. You know what's really fascinating is I used to do videos on Bitcoin and they would just tank. Nobody cared. You know, so a few years ago, I was in 2018. I'm like, man,

these Bitcoin prices are crazy. And it would get like 40% of my average view count. It was like really low. But if it was an important story, I'd cover it anyway. I'd say, well, you know, I can talk about this.

Now it's like we had big Bitcoin stories and I'm like, definitely got to talk about this in some of my most viewed videos. Like the interest is absolutely off the charts for regular people looking into crypto. I would love for us to be off fiat and in crypto. 100%.

I'm interested in how we're going to replicate cash because I like cash. Dogecoin. Like will it just be Dogecash? Yes. It'll have like a little RFID chip on the bill. No, you have your phone. But then it's if the power goes out, you're in trouble. That's the...

I want to find the... Yeah, you carry extra battery. Well, if there's a solar flare. I know. Obviously, I'm going out of line here. If there's a solar flare... Hold on. Theoretically, you could, like, enter your passphrase...

Right. ...into any terminal... Right. ...and access your Doge account. I don't want to put a microchip under my skin. No, you don't have to. Like, it's that 10-word phrase, right? Imagine if you walked up to a kiosk, you never needed a card again.

You just went, you know, dog, car, elephant, banana, ship, and then boop. There's something about having it in your hand and it's like, this is the thing that you want. It's not in my mind. It's not in some database. Yeah, like I can hand it to you and you can this is the thing that you want. It's not in my mind. It's not in some database. Yeah, like I can hand it to you and you can hand me the thing. Maybe that's going to be considered old school because you can rob it. And you can't rob an idea necessarily.

I think we're seeing the Great Reset, brother. Oh, that's for sure. Are you familiar with the Great Reset? Oh, I thought you meant more of a higher meta level. Just like we're hitting some sort. What do you mean specifically? So there's the World Economic Forum, the Davos Group.

They've proposed something called the Great Reset, which they just refer to as a reset of global capitalism. So you look at what's going on with the chaos in the stock market, the chaos in the crypto markets, the chaos in the dollar, the mass printing of money,

the quantitative easing, the economic shutdown. Now the meat shortages, the gas shortages. And what's happening is that I think the dollar is going to crap out. And I think if you can't buy a burger, the barbecue shop down the street put up a sign saying we don't sell brisket. It's too expensive, so it's not worth it for us. I'm like, you can't get brisket at a barbecue shop what are you doing you know so they do have it now but it flickered and out now we're here there's gonna be more meat shortages chicken shortages

if you can't get it what good is your money right gas shortages can't go driving there's no gas i'm not gonna go wait in line when those huge lines were out of those gas stations because of the Colonial Pipeline hack, how many people probably said, you know what, I think I'll go for a walk today. You know what's really crazy? You know what's becoming extremely popular right now?

Rollerblading. Because of Mayweather? No, because bars were shut down, restaurants were shut down, and the repeated sentiment across the board from people is I had nothing to do and I was bored. So I went in my closet and grabbed my old rollerblades. No joke. So now it's becoming really popular. Rollerblades in the US are like sold out across the board.

Wow. Yeah. This is crazy. Yep. Roller skating too. So like women seem to be roller skating for the most part and men are rollerblading. But this is a profound change in human desire. All of a sudden, there's like videos like 40 and 45-year-old dudes being like, I'm going to go rollerblade. Because they've got something to do finally. But you don't need money for that. Then you get some guy who's a Dogecoin millionaire and what does he do? He's like, I don't got anything to do with it. So he buys a Lambo, I guess, and then puts the money back in doge and just sits on it it's interesting to

see what people revert to so in 2008 2009 most stocks that like did horribly but uh tobacco alcohol actually continued to rise in this in this last run in 2020 home depot and lowe's killed it like we have not everyone's doing diy projects at home they're like i'm just i'll do this it's that garage project yeah it's just something to do and their online sales they destroyed and then what happened lumber and steel cross costs are through the roof and now people can't get it lumber's insanely i'm not uh too familiar with steel oh actually no x x is a stock that it's the u.s steel or whatever. Has it gone down or up? Up.

And didn't lumber just hit a new high? It's been ripping. I don't know if it's a new all-time high, so that's relating to home costs going up. So look at what's happening. What did the climate change people say? You got to stop eating red meat. I've heard this since I was a little kid. All my vegetarian and vegan friends were like, it's really bad for the environment.

What does Greta Thunberg say? How dare you? We must get our fossil fuels tomorrow. Not 2030, not 2025, tomorrow. What gets hacked? Oil, meat. Wow. What skyrockets in cost so people can't buy it?

Lumber, steel. Yep. So what do people do? They go outside and go for walks and they go roller skating. They're doing things that don't cost them money meanwhile other people who are like buying fake money are millionaires like the whole system is out of whack it's just the upside down reset it's the it's it's people's there's there's we are experiencing a whether it's intentional or not a reset of global capitalism

people are finding more value in going to the park, going for walks, building things in DIY projects instead of owning stuff and eating food and stuff in their faces. Have they commented on

what it looks like after that? Like the, I guess, tendencies or something? Like where does it go from there? If it is right, where does it go? By 2030, you will own nothing

and you will be happy. Yeah. They made a video. It went viral. They deleted it because it generated a ton of controversy. People apparently like owning things. But Davos Group says you will not own anything. And I think we're on track with people not owning anything.

It seems like it. There's like a 10-point thing. Do you remember any of the other things of what they said? They gave like a bullet list of the things they were expecting to be different. I don't think the American government would crash its own economy, but because this Davos, great economic foreign thing is like a global, I don't know, Swedish or something? No, Swiss?

Swiss, I think, Davos. That I imagine they're just like a parasite controlling the federal reserve making it allowing it to print print print print print good for business for them anyway it seems like interesting what is it 30 30 visions of a better future what is it the great reset cutting violent crime in half uh i can't i can't remember what the article was i think they deleted it that's why you will sleep in a pod. Yeah, it was like what the future will be like after the Great Reset. There's a bunch of stuff.

We've got this one from the World Economic Forum saying the 10-year plan. I'm not going to read through it, but they're like respect nature and a bunch of other stuff. I don't know. Climate crisis. To address the climate crisis, defend human rights, embrace circularity, protect the Amazon, and be humankind and regeneration. What is circularity? It sounds so legit. I will tell you this right now.

I genuinely believe that they are correct. By 2030, people will own nothing and they'll be happy. I think so. Maybe. So what does life look like then? People living in vans, eating bugs. Just like vans that they're leasing. You know, happiness is fairly relative.

There are a lot of people who live in countries where they live in vans and eat bugs and they love life. There are a lot of people in America who don't like being forced to have their resources stripped away and are unhappy with that. So I can understand it. But I don't think it matters. I think the system is is in chaos like you you can't have what's going out the stock market be it fun funny good or whatever you can't have it it makes no sense for someone to have to go and be a sewer tech waiting through five feet of sewage and then some other dude is like buying meme stocks and becoming a millionaire

that economy makes no sense economy like a real market's going to be like a guy says hey i'll clean the sewer in exchange for goods and services you pay for but now you've got people who aren't doing much of anything other than memeing and becoming ultra wealthy eventually the guy in the sewer is going to be like i'm not going to do this anymore i'm going to do what he's doing i'm going to go buy a bunch of stock and and or doge coin and that's what we're seeing now we're seeing people who aren't working these jobs so there's a shortage of a ton of weird things that we mentioned chlorine and there's a shortage of raw materials to make things which means

there's going to be way more shortages coming soon i was trying to buy some computers for the studio like so we tried buying this one computer two two months ago now can't get it they're like sorry you know the parts aren't available we're the latest update is we're hoping within the next week it will finally be here nice we'll see but we also need general workstations so i go online i go to this you know famous store and i'm like i'd like to see what you have in stock they had nothing wow they had like they had a few gaming laptops i'm sorry sorry, gaming desktops. I bought them. And they're like, not good. There's shortages of everything. And so what happens is people see the story where it says you're going to own nothing and you'll be happy.

A lot of people get mad. They're like, what are you going to do, take away our stuff? No, what they're going to do is they're going to choke the supply. You can't buy the meat. You can't buy the gas. You can't buy the computers. They don't exist. Nobody wants to work.

So it doesn't exist. If the PS5 doesn't exist for a long enough time, people eventually say, I'm done. I'm done sitting here trying to buy it. How many months has it been since PS5 came out? Like seven or eight? Yeah. And I know people who are like, I go on every day trying to get it. I can't get it. I give up. I don't want it anymore. So what do they do?

They go in their closet. They find skateboard, rollerblades, a basketball and they go and do something else. A bike, yeah. Something that's going to keep them occupied. This makes me think of the lead up to the Great Depression of the 20s, 1920s. The 1920s. There's this, how do we call it, mania about buying stock because all these people were

making massive- And they were buying it on margin. Yeah, and they started buying it on margin. It leaked to the public that you could get rich in the stock market so everyone all these people started getting involved they started put buying stock on collateral which is margin like you take a loan out based on something you own and then you buy the stock without hoping the stock goes up if the stock goes down they do what's called a margin call you obviously know this but just if anyone's listening doesn't know and then you're forced to sell the stock at the current value, which is at a loss. And then you've got to recover the cost of the loan. And when it burst and fell,

so many people lost everything because they were in on margin. So maybe we're looking at a Great Depression. I think we are. And then do we get out of it the same way? Just another war? Do you know about the Strauss-Howe generational theory? No, what's that? So there's something called the fourth turning. There's four seasons, right? And

I'll simplify it. 80 years ago, what was happening in the world? Where does that bring us to? The 40s? Yeah. The war? We just got out of World War II. World War II. Yeah. What happened 80 years before World War II? Was that the 1860s?

Another war. Civil War. What happened 80 years before the Civil War? Revolutionary War. That's right. Every 80 years we're just in some major war. So there are 20-year cycles. And so there's four turnings per cycle.

And we are in the fourth turning. So independent of that thought, without you knowing about it, you said, is there going to be, are we going to get out of another war? Yeah, dude, maybe. Like if you saw it without us even bringing up Strauss' generational theory, maybe people are thinking there's going to be a war.

So there's something else here. So I'm really glad that was your, I shouldn't say I'm glad, but I find it fascinating that your immediate – I shouldn't say I'm glad. But I find it fascinating that your immediate reaction was how do we get out of a war because there's also something we bring up a lot called the Thucydides Trap, which is a reference to when a rising economic power is about to supplant the dominant power, war breaks out. And China is set to surpass the US by guess what year? 2028, which is the final year of the fourth turning. That's kind of nuts.

It's going to get crazy. Well, what's nuts about now especially is just the advancement in technology. I think Einstein has a quote about that. He's like, I don't know what World War III will be fought with, but World War IV will be sticks and stones. He was wrong. Why is that? You know, when people predict the future, they base the future off of their current level of technology,

which is unfortunately incorrect. And rarely do people predict the future properly. You know who got it, who did a really, really good job of predicting the future? Star Trek The Next Generation. Calling the computer's name and asking a question. Now the questions they ask are kind of ridiculous, like,

you know, calculate this, okay, well, you know, our little friendly Amazon device can't do all that stuff, but you still say its name and tell it to do stuff. And tablets. Picard would walk around with a tablet and it was touchscreen. They didn't have touchscreens like that back then. So that was actually a really interesting view that worked. But there's this famous photograph of firefighters from the late 1800s, 1900s of firefighters with mechanical wings. And they're flying and spraying buildings.

It's like, it's not going to happen. We're not, you know, we don't do that. So with Einstein, he's looking at atomic technology. He's looking at all this stuff, and he thinks, wow, whatever, you know, if we have World War III with this level of weaponry, anything after it's going to be six and so on, it'll be about the planet. What he didn't understand was the expansion of communications technology and how it was going to affect people.

So now we're in fourth and fifth generational warfare, which is information war and propaganda. Controlling financial markets is a huge aspect of fourth and fifth generational warfare. If your enemy can't buy the supplies they need to feed their people, you win. If you shut down their gas pipelines and they can't feed their people, you win. If you shut down their gas pipelines and they can't fuel their vehicles, you win. If you shut down their meat plants and they can't feed their people, you win. So now what we're seeing a lot more of is internet manipulation, election interference. Like, you know, Russia did try to interfere in the election. Not as crazy as most of the Democrats think, but they did, as did China, as did as most of the democrats think but they did as did china as

did a bunch of other countries they're trying to manipulate things and that's more of what it's going to be it's going to be an info war yeah i don't i don't know if we'll actually i don't know i think about this this this fourth turning thing and maybe we're about to shatter a mold that's been like we've been in this repetition state but because we have the knowledge and we can see the mistakes in the past that you know governments have used the these military like like companies to to profit and make we could make industry with graph like graphene i'm obsessed with graphene for instance i know that's expected peak graphene by 2028 he's got a bottle of graph i bought you the graph i don't know if you're familiar with this material.

It's pure carbon. Tim got me this. It's powder form graphene. But it's like a mono-atomic layer of pure carbon. And the uses cases are like – Let's just – Are scalar. We'll slow down. It's an industry.

Yeah. To get away from graphene very specifically, the general idea is new technology could change things in a way we don't want. In a way that we wouldn't need war for exactly. Like war doesn't have to be the way that we profit out of a depression. It could be technologically through like materials. But that's what I'm – not materials. It's through information manipulation. We don't need to drop bombs when we can just mind control through social media or massive media campaigns.

It's still war. It's still conflict. It's still a battle for control. Wow. It's still a battle for control. Wow. It's just very different. Maybe that's a good thing. Maybe now it's arguments on the internet, and some are in bad faith.

Some are out of context and manipulative, but it's better than people blowing each other up, I guess. Oh, for sure. Although if an AI tries to put us all in a bunch of pods to harvest our heat, is that better than war? What if you're in the Matrix, bro? We probably are. Simulation theory.

We're probably going to go towards something like that. Would you get in the pod? The Matrix pod, you know. Probably not. You've seen the Matrix? Yeah. Would you rather be like Morpheus, like people should be free, or would you rather be like Cypher and be like, tastes like steak? You know? I mean mean that's a good question maybe there's i think people would

go for it because you just feel like you're always going for some sense of truth like you feel like you almost want the answer but i guess i can also be scary because you're used to what you know and it's like maybe i don't want to take that type of a pivot but that's tough man it is i wonder how like in in the matrix you live a normal life you get steak at a restaurant you work a job life's not perfect but it's good you leave the pod now you're like eyes hurt because you've never used them you've got a bunch of holes all over your body and you live in a gigantic underground steel chamber eating you know white goo but you're free so would you rather die on your feet or live on your knees but on your knees they feed you underground steel chamber eating white goo, but you're free. So would you rather die on your feet or live on your knees?

But on your knees, they feed you steak, and on your feet, you eat sludge. See? Depends what the sludge is made of. Here's the thing, though. To be fair, if you actually have watched The Matrix, you're better off leaving The Matrix. Do you know why? They can always plug you back into the fake Matrix where they could play video games and like download kung fu so like the worst case scenario is you're free from the machines you live a real life and then like you

plug yourself into your own private matrix and you know you're a night warrior shooting fireballs or whatever and fighting dragons i thought some of the people, though, who the simulation theory on general, I know I'm like pivoting a little bit here. But math, like I get that's the argument of like you design technology so robust that you can pull that off. And like, are we in that? But if you have this infinite line of technology that did it and then within the simulation, you did it again, blah, blah, blah, blah. What is the statistical chance that we're at the end one that hasn't figured it out yet? So you're saying we're in a simulation of a simulation of a simulation of a simulation of a simulation? No, if that was the theory and we just had this chain of a billion long, what is the statistical chance we're the last one that hasn't figured it out yet?

That's possible. A billion and one. I actually think that's more likely because there's no proof. They say if we would eventually get there at the path we're headed, then it already happened. But that doesn't make sense

because what if something stopped it from happening, first of all, that you're not taking into account? Just assuming that we will eventually get there doesn't mean that

we're already there. I don't think we've done it yet. I think this is the building process right now. So you think we're in reality prime? Yeah.

I'm not so sure. Jeez. What is reality? Have you smoked DMT? Their YouTube video is called Tales from the Trip. They're crazy. Crazy stories. Reality prime.

I tweeted one. Do you know about DMT? Yeah. So there was one guy who basically said that he was doing DMT and then he met a purple woman who like knew him and cared about him. He's like, wow. And then later he brought his friend over and his friend took DMT and he didn't. And his friend told him that there was a purple woman there who said they're friends of yours. And he was like, whoa, I never told anyone about that. So there's a lot of stories where this happens. I don't know how much I believe it. I want to see the scientific research. But there are stories about research that was done where people, independent of each other,

took DMT and then saw the same thing or described the same things. It's really weird. Maybe it's just a drug that affects you in a certain way and humans are affected in a certain way. That's similar experiences. I don't know. Or that affects you in a certain way and humans are affected in a certain way. That's similar experiences. I don't know. It's similar.

Maybe we're in a simulation. You know, the body flushes DMT when you're in near-death experience. And if you watch like near-death experiences, it's very similar to DMT trips. Like they travel towards a light. They feel lighter. They see the people. They feel excited. And then at the end, they get sucked back in.

They feel that. And I think that's gravity like pushing them back into earth so maybe we're actually there is something out there i you know just to wrap it into what we're talking about if this is coming up on another great depression are the people that are getting massively wealthy now somehow like matrix warriors are they like are they they're They're using trainers, bro. Someone's got to call a mod in and get these hackers out of here because this game's not fun. Are they more dangerous to the Matrix

so the Matrix is trying to bribe them to stay in it? No, no. It's like people are hacking and so now you've got a bunch of people running around with crazy money and the people who aren't are like, dude, it's not fair.

I don't want to play this game anymore. Some 19-year-old dude is a Dogecoin millionaire and I'm working at a factory. Not okay. So that's why I say, in all seriousness, the economy can't function that way. Because eventually someone's going to be like,

I quit my job at a factory and I'm going to go trade Dogecoin. You could day trade cryptos and make a lot of money doing it. It's not regulated. It's creepy. So a lot of people probably would just choose to do that. Has it been like this the whole time, the economy?

And I just wasn't involved with it? No, I think communication technology made it rapid. Yes. You mentioned the Great Depression and people were buying stock, but you had to physically buy the stock. You had to be there, take the tape, call the broker. They're waving the paper in the air. Yeah. It's very, very different now.

Like the technology. I don't know what I was reading or watching but sometimes I wonder if we've gotten so advanced that our technology advancement has not also developed with our brain advancement. Like it's exponential in technology but with us like even certain things um i think sometimes with psychology of like social media if they love you or hate you we're not used to those numbers like our unit size like we can we're very good at picturing 20 30 40 but when you say a number like a million we can't picture that and it's just how we have developed and evolved like that's how we got to this point our brains brains are very good at small, compact unit types of things, and now social media has – you're interconnected with borderline 7 billion people.

You ever actually see a million dollars in cash? No. So people imagine like the briefcase opens up and it's filled to the brim, and they're like, it's a million dollars. And there was a funny skit where like the mob guy comes in. He's like, you got the briefcase, and he opens it, and there's a tiny stack in the middle. He's like, what's that? He's it's a million dollars and there's a funny skit where like the mob guy comes he's like you got the briefcase and he opens it there's a tiny stack in the middle it's like what's that it's like the million dollars and he's like awesome or something like that like people don't realize that uh what is a thousand hundred dollar bills would not be a massive stack

of cash million dollars is not that big yeah people don't get it because they assume it must be infinite it must be huge because a million is beyond our understanding. Yeah, our brains are very bad at picturing large numbers. Very, very bad. I think you're so right that our brains haven't developed alongside with technology because I remember 2003, 2004, 2005, I think the first iPhone came out, and I was like, wow, we did it. We solved it now.

We have access to all the information, so that means we'll be able to answer all the problems. And I just thought that's it. We did it. We solved it now. We have access to all the information, so that means we'll be able to answer all the problems. And I just thought that's it. We did it. 2008 or 2009 is going to be great. We figured it out. But then I realized the nefarious nature of certain humans. I remember my old candy bar phone, what internet was like on an old Nokia.

And then I remember when the iPhone first came out and it was like, whoa. You could zoom in and out. Now it's just normal. So it's really funny. There's comic where or a joke someone says they said if you could go back in time and tell someone from the past something that would shock them what you say and a guy said i hold in my hand a device that contains a summation of human knowledge i use it to argue with strangers and look at pictures of cats. It's like with all of that power, that's what we did with it. Man, humans really are not that profound.

Yeah, they're not. We like to view ourselves very highly. Like we're so smart. We've invented all of these things. And it's like, dude, it's sad to me. Not everybody does it. Some people take the technology and they do great things with it. But I think too many people argue with strangers and look at pictures of cats.

Does it make it fun that there's a bunch of people like that? Or is that like a flaw of our genome? It's almost like NPCs, man. Non-player characters. There are people who are like, they get access to the summation of human knowledge and they use it to level up increase their stats they're like strength plus one agility plus one they're looking up like proper lifting techniques and then you have a lot of people who are like on twitter and just screaming doing nothing and it's like anger plus one i guess depression plus 10

yeah some people do literally nothing they they wake up they go work a menial job they don't think about it they use the internet for nothing substantive no no passion no dreams not everybody i'm not saying even most people i'm just saying there are a lot of people that are like this they're like just npc is just you know milling about i've had days like that sometimes i'll go through fitness like someone's not necessarily an NPC or not, but you can go into NPC mode and just train it in. That's for sure. I think some people are definitely NPCs. That's their base nature, and you need to pull them.

You can give them sentience. I know you can. Well, I'm not saying they aren't sentient. I'm just saying, like, I'm not saying they're literally non-player characters in a simulation, although you can certainly talk about the philosophical ramifications of simulism. But I'm just saying that there are some people that have no passion, no ambition, and they consume and they sit around. That's it.

And they're content to do so. Most people. Hmm. Is it most people? I just watched a documentary on an author, Jordan Peterson. Love that guy. Yeah. That was like many people who spoke to him that

was it like i just i wasn't doing anything like they they had no direction or anything and it was just i i guess my sentiment of it was basically guy like hey take on some responsibility maybe you're gonna be a little bit better off like i i haven't really been into that um but that was like the main reaction was so many people like that so when you were saying pulling them out of like that npc mode it's like do something like take it and it's weird the fact that right now we live in a time where you can like we say we're bored blows my mind right right right i agree like we have connections to everything that like even 50 100 years ago like those people could have actually been bored they baked all day and then they just sat

and you were done for the day. There's nothing else to do. A couple hundred years ago here in the US, people would wake up at the crack of dawn, go farm, go to bed after late night, and then wake up at the crack of dawn, just work all day, go to sleep, work all day, go to sleep,

and then the postal writer would come periodically with news. They would have to go to town periodically. But, dude, people don't realize. You've got to look at history, how far apart everything was. The American Revolution took 20 years. People think it was like an overnight thing. Like the phone call comes in.

We're declaring independence. And then the king is like, I'll send my troops. And he sends them right over. And they're there within a few days. No, it took months for the war to get back to England and to come back to the states. So people, for the most part, their lives, 99% was farming. Or whatever job they were doing in the town or whatever. But mostly not political.

Now our lives, 99% political and 1% whatever else we do. Whatever else it is we're doing. Why do you think it is it got so political? Speed of communication. Oh. Yeah, look at like, there could be a police brutality incident in the United States, and then people in like Madagascar are protesting. And I'm kind of like, why?

Why is it that people in London were having protests for Black Lives Matter when like something happened in the US? I'm like, the British cops are very different from the cops here. What are you protesting? And they just say whatever, you know, Marxist ideology, I guess. I like that people are getting political, at least desire to be political.

So maybe that's an evolution. It's pros and cons, man. A lot of these people who normally just didn't care to be involved, who get involved now, don't understand what they're fighting for and fight for dangerous things. So, for instance, all the people marching around doing the Red Salute. It's like commonplace now to see people doing the Communist Salute. It's literally what communist Chinese party members do when they are joining the party and swearing in.

Now you've got people in the United States marching around in the street by the thousands all doing it. And they say, oh, but it doesn't mean that. I'm like, I don't care what you think it means. You're doing it. So this is what happens when people who don't know what they're doing get involved in politics. Is it even like that, though, that example? Is it another troll thing of just like for whatever reason, like some, I guess, more of like dark sense of humor? Do you think it's like a lack of education of like what it truly meant yeah lack of education like imagine if you saw

people like regular people like a bunch of millennial you know urban people in l.a marching around doing the nazi salute right now they're doing the red salute the communist salute it's the fist you know and they're saying oh but you know it means something else i guess i'm like bro if a bunch of nazis went around doing the Nazi salute saying it meant something else, I'd be like, shut up, dude. And you'd agree. Like, so you can't march around doing the red salute. What the Communist Party of China literally uses when they're swearing in and then be like, oh, but it means something else. Oh, OK, sure.

They don't. So you look at that photo of all the people doing the Nazi salute and the one guy frumping. Yeah, man. Most people are just blindly following along with the authoritarian ideology that's sweeping across the West. That's a good point. They could be doing a different salute, like a little bit more creative or a little different than the Chinese Communist Party salute. Well, I mean it's not even the Chinese Communist Party salute. It's the communist salutes, the red salutes.

It goes back to early 1900s Europe during the conflict between the communists and the fascists. So they're doing it. And they can say whatever they want about it. I'm like, I don't care, dude. You're doing the red salute. That's creepy. Like if you blindly march along with authoritarians who have historically murdered people and then you're like, I didn't know or it doesn't matter, I'm like, okay, that's a problem. That's what happens to people who don't know what they're doing, get involved in politics.

They throw themselves behind really, really dangerous and bad people. It wasn't that political in 2006. I think it's more than just the speed of communication. Like it does feel like I don't want to beat a dead horse, but like that, that the global economic forum is, is intentionally dividing the people in the United States. Why is everybody posting ducks in the chat? Is that, Oh, that,

yeah, that's it. That's just a brand thing. Um, no, like I was just poking fun at how like seriously Wall Street people take themselves. So I always wear like a crazy duck shirt.

I love it. No reason. It's just like a duck gang thing. All right. All right. Well, we'll take super chats. Yes. If you have not already,

it is imperative that you press the like button to help the show out. Smash that like if you really want to help the show and share the show if you're listening on iTunes, Spotify or whatever.

Give us a good review and I also will announce Will of the People now available on Spotify and iTunes. You can tell your friend a little robot device to play Will of the People now available on spotify and itunes you can tell your friend a little robot device to play will of the people by tim cast and boom it'll play so that that's a cool thing that happened and uh don't forget to subscribe to this channel and let's uh let's read what y'all have to say smash the like button all right funeral man 04 says

first time super chat amc has absolutely left me speechless just like michael knowles new book jk i admire all of you take care yes uh michael knows his new book speechless all right tony bolt says jbs is a customer of the company i work for we make meat forming machines last year we had a full-blown cyber attack that crippled us for weeks today we stopped another attempt in its in its tracks whoa everyone. Everyone's spamming ducks now, by the way. Since I said that, the whole chat is just ducks now. It's gone off the rails a couple times.

When I try to interview people, if they're alive, I'm like, hey, can I interview you? And then the entire group is just ducks. I'm like, what is possibly going on? Dude, we got another big shortage. Jack O'Neill says, I work for Frito-Lay, and the shortage of supplies to make chips is getting ridiculous get back to work y'all lazy sobs no frito-lays oh what am i gonna eat what

will we do i don't need frito-lays who eats fritos i guess uh i guess we have those barbecue chips sometimes oh yeah those are good that's a treat all right c hennessey says tim are you gonna need a event caterer event cater coordinator or coordinator in general for the Friday nights? I was a private chef up until the Corona. Probably not. We'll probably need a master of ceremonies of some sort. But we may already have that individual here. It's not going to be like we're not going to put out charcuterie or anything for people. They're going to like stand outside the parking lot as someone plays music and everyone like,

you know, mingles and gets to hang out with people. We're doing Friday night events coming up. Okay. Just like anyone's invited or like a ticket thing? Tickets. Tickets. Yeah. And it's going to be difficult because tickets are limited and there's no parking.

So that's the other thing. Like take an Uber, I guess, ride a bike. I don't know. We're in the middle of nowhere and there's nowhere to park. So we might be able to figure something out, but not for 30 people. so that's the other thing. Take an Uber, I guess. Ride a bike. I don't know. We're in the middle of nowhere and there's nowhere to park. We might be able to figure something out, but not for 30 people. So everyone can carpool in a bus, maybe. Oh, maybe.

And your first one's this Friday? No, no, no. There's business stuff we've taken care of before we're allowed to do it. We were trying to do it earlier in the year and we got stopped by business stuff. Regulations, rules. Death's API says DuckDuckApe. Check your P.O. box, Matt. know stopped by business stuff regulations rules uh death's api says duck duck ape check your po box matt there you go alabama toolbox says inflation is a national security risk the u.s has military bases in countries around the world the u.s navy controls the world's oceans how is the u.s able to do this the strength of the U.S. dollar. And well, also the

force behind it. Stop using the dollar and we'll, you know, pare drop into your country, you know. All right. Let's see what we got here. Blank field says, do you have a yearly subscription option yet? We don't. I don't know when we will, but I do know we're like two weeks out from the website overhaul, which should shock and scare everybody. No, it's going to be excellent. We're going to be adding a newsroom. So there's going to be actual articles, aggregation. We're going to be bringing out some investigative reporters. It's going to be fantastic. We got some mini doc plans. I want to, I have a plan to send a Joe Biden voter to all of the places that Joe Biden screwed up. So, like, I'm talking to my friend who voted for Biden, and I'm like,

I will buy you a first-class ticket to McAllen, Texas, to go and film the kids sleeping in the dirt. And he's like, I'm down. I'm like, cool, let's do it. Like, you voted for Biden, now you can go talk to people about what's happening. And, like, if he agrees with it or whatever, I don't know. But I think that's honorable that he'll be like, yeah, I'll go check it out for sure.

You know, stand up for what you what you voted for. So that'll be really interesting. Like, you know, Biden voter meets Biden, Biden policy. This is somebody who's not like a diehard political tribal or anything. It's just regular person who was like, I got to go vote for Biden. Now they're going to go explore and meet people and talk about what those policies have brought. I am obviously of the opinion that they've been bad, but maybe, you know, send a crew out to go do their thing. We'll come back and back. It's not all bad.

We'll see for sure. I'm not, I'm, I'm, I'm actually fairly confident it is bad, but Hey, we'll, uh, we'll let them do their thing. 379 Gromer says the chicken plant was shut down in Russellville, Alabama for the past two days. I'm waiting to load there now. Why? This is what I was talking about

They say like Oh it was a cyber attack That shut down the chicken The meat plant But there already was a shortage So now people are saying Oh yeah This plant was already shut down

For two days Why? There was no hack there Was there? What's going on? Some weird It's like a Hardy Boys novel It's all you Ian

Figure it out It's weird Like across the board there's just like a lot of things that are more volatile the stock market the shortages like it it's one of those things that like it's all these puzzle pieces pieces of puzzles that we'll see we'll see how the puzzle fits together and right now though like we're all a little bit confused but it's like sudoku but instead of like one by nine it's like one by 100 000 yeah there's like no way to map out this massive grid it could be the covid shutdown is now they just the media has been totally silent about it but it's been devastating

the the supply lines did the media tell everybody on d-day that it happened right when it was happening i think so oh like literally when they were storming the beaches they were like listen The supply lines. Did the media tell everybody on D-Day that it happened right when it was happening? I think so. Oh, D-Day. Like, literally, when they were storming the beaches, they were like, Listen up, America, we've stormed the beaches of Normandy! I don't know. Or was it like a day later or two days later they reported this? I'm curious.

Because I remember we had an office of censorship. I have a shirt modeled off of the motto. It says, Silence Accelerates Victory. And they also said, Loose Lips Sink Ships. So if there was a major conflict going on, why would the media be telling us? They've never done it before. Why would they start now? Hey, by the way, guys, there's a war

breaking out and just keep working. Actually, you know what I think? I think that because Democrats shut everything down and the media is now the PR wing of the Democrat Party, I think they have every incentive not to talk about big problems coming our way because of the shutdown that's just what i think if that on the other side of that though if they were doing it wouldn't we see something weird on

the background of just everyone like own like all these tech people are being hired by the government like wouldn't there be a certain trail like there's a lot of hiring into some sort of defensive military force if that was going on yeah i don't know you'd see just i don't know i'm picturing just a bunch of like engineers always being hired right out of college you're like no work for us like we need cyber security i don't know maybe they are doing that yeah maybe it is you know just like boston dynamics i think does that a lot all right chaos eight eight uh a turn Tim, do some research on Cardano. Creator is anti-establishment. One of Cardano's projects is to turn Africa into a blockchain powerhouse.

Win-win IMO. I have four cryptos. I've got Bitcoin, Ethereum, Doge, and Cardano. And it's because I think Cardano is similar to Ethereum. And I'm confident in it personally. I'm not giving you advice. I'm just telling you what I think. And we have an open invitation for the founder of Cardano to come on the show and talk crypto with us.

So, you know, there's that. All right. Eric Miller says the chicken shortage could be a result of a cyber attack on Pilgrim's Pride, a chicken processing plant. Interesting, but the chicken shortage has been around for a month or two. Because I've been covering it for a minute. GB Daniello says, glad to see you cover this. I also cover these topics. Please check out my channel.

I'd be glad to move and help out with your media company. I make films and music too and entertainment all my life. You know, we've got, there's, we want to move as fast as possible in expanding the company. But there's like regulation. Stands in we want to move as fast as possible and expanding the company, but there's like regulation stands in the way. It makes it very difficult. Plus there's good business practices. You know, it's not all,

it's not all government, but we try. All right. I'm Brandon says I'm a chicken hauler and I can vouch that the chicken shortage is true. My company dropped a hatchery because the breeders can't keep up with demand. Wow.

Why are the chickens not having babies? What is that? I don't know. Not enough chicken food? I don't know. Chickens just eat grass and bugs, huh? All right. John Maroffa says,

Interesting how the left tells us stop using gas or eating meat, and now those two industries are targeted by hackers. Hmm, what's next? Yeah, I don't know. Ruben Pedroza says, guys, this is not shortage in beef, chicken, produce, or even gas. The hacks are in the payment systems. The companies would rather shut the world down if they don't get paid. Ruben, you are incorrect. There is actually a shortage of chicken and beef outside of the cyber attacks. Over the past several months, several restaurants have been reporting that they've been struggling to get chicken supplies

and oil because it's not there because people aren't working and people aren't making things. So things aren't there to buy. There was, however, two major cyber attacks, Colonial Pipeline and this JBS system, which is not chicken. And that resulted in them shutting down because it was going to affect their computer systems. That's separate from the already existent meat shortages that happened before the cyber attacks. Deadbeat Gamer says Snowpiercer was a book slash film about two sides of the last humans, rich and poor, surviving Ice Age 2 on a train. Spoiler warning, the rich eat only good food and the poor eat cricket protein bars.

I remember. This is, I don't know about the book but i can tell you in the film it's roaches and i can also tell you in the original take of the film there's a scene where chris evans he opens this vat that's making these these brown bars they eat and you see a bunch of roaches and he's like oh he gets really sick because in the movie they were eating roaches the original cut it was human excrement. Gross. Oh, brutal.

And I guess test audiences really did not like it. So they changed to roaches. Okay. Because the only food they had was, like, these bars. And I'm kind of like, where do the roaches come from? What do the roaches eat? The human waste made more sense. I don't know how you eat it or process that.

But I don't think I'd have a problem with eating roaches if there was no food left. I'd just be like, I will eat what I got to eat and I will, I will be happy about it. You know, you know what it is when you're starving, everything tastes good.

That's for sure. It's true. It's true, man. It's part of the great thing about having a really clean diet is when you eat a carrot, it's super sweet. Carrots are ridiculously sugary.

Oh, sweet. Yeah. You, you get a good carrot, chop up steam it i'll tell you you know i tweeted we've we've done so much trying to make our food taste better and better and better to the point of like heavily processing it dropping every known spice imaginable plus a cup of brown sugar right on top of that piece of chicken preservatives you know i had breakfast today? I had two eggs straight from a chicken's butt. Walked right into the chicken coop, picked them up, cleaned them off, cracked them open. Overeasy. Man, that is delicious. They taste noticeably different.

I don't know. They're just delicious. It's just delicious. I like having the yolk just a little bit. Just overeasy. And then you cut off the whites and you just eat the yolk. You cut off the whites? I eat them, yolk. Oh, you cut off the whites? I eat them, but I eat them second. Oh, interesting.

I like eating the yolks by themselves. It is so delicious. So you want to eat real food, man? We got these really nice steaks. That fat from the steaks, it is delicious. You don't need anything. You don't need this double, triple cheese with fancy sauce, chipotle, splash, every known processed garbage slopped into a deep fried.

You don't need any of that. No. And a lot of times those are salt overload. Like restaurant food is just salt, salt, salt. All you need to do is go outside, take a nice cicada off. That's right. Don't eat the cicadas. The media is telling you to eat them.

Don't eat them. I'm getting mixed messages here. People are posting carrots in the chat now. get juicy where i grew up um my whole life my closest neighbor middle of nowhere pa we would always get the eggs from it was a dollar they were fresh eggs so i ate that my entire life i went to college i didn't know it was actually eggs like i felt stupid because of the color i was like no no no the eggs and like actual eggs are so much more yellow and then two farms down that's where i got we got our meat my entire life they're blue eggs oh just like the shells blue yeah of like there are like in existence yeah and there's

green ones oh just like across yeah i mean don't like some robin stuff have blue eggs and that yeah the chickens we have the guy we bought them from called it a sampler it's like it's a bunch of different kind of chickens. And so some lay blue eggs, some white, some brown. There's like greenish blue. Were you saying the chicken yolk is more yellow? Yeah, the actual egg when you cook it is like way more vibrantly yellow. Interesting.

Like a fresh egg. Did you know that the beef you eat in the store is cloned beef? What? Yeah, I didn't believe that. We had Alex Jones on the show and he was like, you know, people don't realize they're eating cloned beef. I'm like, Alex, that's not true. You're making this. And he was like, look it up.

I'm not. And I was like, all right. And I looked it up, and it was like, you are eating cloned beef. And I was like, whoa. I didn't know that. That's crazy, dude. Yeah, we're eating cloned meat. They clone the meat.

That's weird. And then they just grow, like, the meat patty separate? No, they, like, clone it and just inseminate the cow, I guess. Wow. Because it's easier than just bringing a bull in or something. You know, it's like the same thing with apples. There used to be like a whole bunch of different kinds of apples. Now there's like four. Same with bananas.

Yeah. There used to be a bunch of different kinds. Yeah. Soon we're going to have just one vegetable. It's going to be called like food. And it's going to be like a weird, starchy, semi-sweet red thing in a cube shape that grows perfectly gross yeah and it's going to be like the consistency of meat it'll be like if you eat it backwards it's salty but if you eat it forward it's sweet i don't know if i'm like really connecting weird dots here but a lot of people in the community it's it's a fickle opinion on j Cramer. Sometimes he loves AMC and tells the short scale.

Other times they hate him. But just last week, people were talking. He's like, yeah, AMC is fine and everything, but the next thing to run is Beyond Meat. And now with this conversation, I'm like thinking even more about it. He was like really pushing Beyond Meat. He's not wrong. I don't know if it's Beyond Meat though, but he's on the right track. So they're doing cell culture meats.

Look, man, we've had these reports come out saying you can't eat beef because it's bad for the environment. And you've got big push against climate change. It is legit bad for the environment to eat beef because you've got to grow the vegetables. Well, I think what do cows eat? Alfalfa? Yes. Hay and grass. But it takes a lot of water to produce a full-grown cow and then to harvest the cows a lot of labor.

And as the media has already said, you can just eat the cicadas, right? So what they're doing is they're trying to find meat alternatives that people would enjoy. So they're doing Beyond Burgers, Impossible Burgers. I definitely think those are going to be a huge run. The problem is they're extremely salty. So have you ever had Impossible or Beyond Meat? They're good. I actually

had a... I think Beyond is way better than Impossible, is my opinion. Yeah, me too. They both have a ton of salt in them. Too much salt. I would have no problem with them not having salt in them. Yeah, same. Why do they get salt in? Because I guess they gotta make it taste good. The cell cultured stuff I find weird. But I also if it's food, it's? Because I guess they got to make it taste good. The cell cultured stuff I find weird.

But I also, if it's food, it's food, I guess, whatever. I don't know if I've had the cell cultured, but I've had those. I don't know if they sell those widespread yet, the cell cultured burgers. It's actual beef, but it's like grown in a lab into the shape of a burger. And with that, the impact on the environment is less still? Oh, substantially, substantially less. Yeah, so I definitely think when you look at these meat shortages, Is less the impact on the environment less still? Oh, substantially, substantially less. Yeah.

So I definitely think when you look at these meat shortages, what's going to happen is you remove enough meat from the market. You drive the price up enough. People will start buying other things. They'll be like, I guess I can't buy beef. So what do they buy? They'll buy whatever they can get. They'll start buying other things to replace it if they have no choice if you come out and you're like we are passing a law that says beef is no longer legal people would throw pitchforks they they'd be running around with pitchforks like javelins and and torches and all that stuff but if you're just like it's a cyber attack you know there's

like we don't have any now people go man that's crazy right they'll just eat something else yeah you can't you won't be able to legislate this change to the Great Reset. It's going to have to be a necessity. So whether it's intentional or not, this is the first path towards removing burgers from our diet. Dude, I'm so pumped about stem cell meat. I'm so pumped. You'll be able to order

like a packet of powder and then you put it in your machine and then whatever else, enzymes or whatever and then after like six days you have all these meat have like you have like meat patties or whatever you have like five pounds of ground chuck yeah but there's no fat in it excellent you have to add like fat to it or something wild yeah so i don't know if it works though it's not the same i don't know no brain involved no heartbeat it's just a piece of will vegans eat it i will i would yeah because it doesn't harm the animal if i was vegan I would eat it because it's not an animal product.

It is an animal product. I'm not a vegan. I do eat meat, and if I was, I would eat it. But it's not an animal. You know it's like an animal product? It is an animal product. I guess you could say that. All right, let's read some more of these Super Chats.

We've got Ben Walker. He says, Tim, you're significantly more tech literate than the average bear, but many viewers may not be. In light of this second attack, would you consider having a cybersecurity expert on who could help explain different threat actors and their motives? Absolutely. And I know a whole bunch,

so I'll just have to reach out to some of them. All right. Alex9513 says, Moongang, shout out to Chair. You've been making the rounds, Matt. Ape together strong. And then it's an ape, a duck, and a strong arm. There you go.

Ape ducks. Cgriff142 says, if a civil war would happen the left and cities don't realize how isolated they would be we could cut off food and fuel supplies pretty easily that is correct all right holly wiley says tim i told you about tje meat earlier. It's much worse. Read my tweets to you. Holly J. Wiley. All right. Let me pull this up and see what's going on. Something else.

I don't know what TJE Meats is. So we'll see what is. What are you tweeting about, Holly? You tweeting about something? Thank you, Holly. Thanks for getting in touch with us about that. Super chatty. What is TJE Meat?

I see an ad for dogecoin oh it's possible that it was the meat oh is that what it is is j next to h oh it is so it's the meat okay about the meat earlier oh okay so you're saying it's worse i don't see your tweet about the meat we'll have to come back to it but uh meat tweet liberty or death says gme and roaring kitty changed the world by accident. I had never traded stocks until January. Because of people like Matt, I spent the last five months learning. No going back now.

You know it. The Throne says, hey guys, just wondering what you guys think about the Hedera hashgraph or about the central bank digital currency. There's a year-long research project currently being performed in the U.S for this i haven't heard of the hashgraph of you fed coin definitely it's coming ucbc central bank coin cbc or something that's that's inevitable i'm surprised that they're so far behind but i'm actually not surprised i'm not surprised noticing big rob says short interest is self-reported it is is likely much higher as the fine for being caught lying is just the cost of doing business. Another crucial factor is utilization, which AMC has been at 99.5 to 100% for six weeks now.

Yeah, what does that mean? So utilization is the – it's a ratio of just the amount of shares on loan divided by the total amount that could theoretically be borrowed at that moment in time so it's like almost maxed out it's maxed out but both are dynamic because it's the amount of people who want to loan them out so if someone like black rock's like i do want to loan my out sure i'll take the interest payments they'll do it but then they could also take that supply away so really you have to know the short interest the shares on loan and the utilization to get the like full picture. You need all three because they describe a different part of the mathematical equation. Clayton Andrews says, I'm a cattle rancher from Canada. Thanks for reporting on the cyber attack.

Planning on selling lightweight steers this week but are going to look at markets to see if we should hold. Annoys me how AG is society surf class that us know society. That's true. Michael Moyer says, I agree. We need to stop using woke descriptions and call a spade a spade. BLM no go zones. That's what that's what they are. My dad and I made a docuseries explaining what they represent.

Please watch Christian action dot org slash super chat. Need help to get it out free for everyone. There you go. Rilo 704 says you guys are familiar with the Green New Deal and you're honestly thinking Need help to get it out? Free for everyone. There you go. Rylo704 says, you guys are familiar with the Green New Deal and you're honestly thinking that oil and beef were attacked with no reprisal from the feds. Not to sound like a

Q-nut, but do you believe it's coincidence? Maybe. That's simple. It's crazy to think that the U.S. government would attack its own infrastructure to get some sort of political movement across. Gulf of Tonkin. I know.

So they have done that. But they didn't. No, Gulf of Tonkin was just claimed they were attacked. They claimed they were attacked. When they were. Right. There was no actual. There is Operation Northwoods.

Northwoods wanted to get us into Cuba. Isn't that what that was? Wanted to stage false flag attacks. I heard that the, that, what's his name, FDR knew that we were going to be attacked by Japan leading up, but they didn't know where or when, so they were just kind of like, eh, we need an excuse

to get into the war, so here it comes. Yeah, I, you know, it would be great to actually talk to a historian who can go into the nitty-gritty details on that stuff. But I've definitely heard that.

You know, FDR was like, well, if it happens, it happens. Like, then we'll get in the war, I guess. And so Pearl Harbor. Yeah. But it's a question of, I'm not an expert on that stuff. Yeah, it seems so circuitous

to attack our own infrastructure like this just to get a new deal passed. That doesn't make sense to me. But then I know it's a global thing. This World Economic Forum is not an American system system i'm not a fan of conspiracies because they make too many assumptions like the reality is we were doing weapons deals with with uh like with countries that japan was enemies with and so they got mad at us and then they were like yo stop doing it and plus we had a base in hawaii which is the middle pacific and they were like

dude you're encroaching and they're like we're gonna we're gonna you know push you back and then we were like guess what we actually got a nuclear bomb and they didn't know about that so they thought us is putting pressure on us we're not going to tolerate it we're going to go fight and then the us was like yeah you know here's a here's a gravity bomb for you hold my beer yeah don't mess around all right let's see where we got some subjects christian kristin lloyd says you just lost the game oh gosh that was a that was a that was a mean thing to do you know you mean mean mean heather v says my town provides 25 of nation's beef cows are sold at bottom dollar so there's no reason beef is so expensive the pens are stuffed full and they've been going the

whole time there's no shortage. Weird. I mean, in your town, but there's literally shortages reported across the board. And I went like a mile from my house and the barbecue joint has a big sign saying we can't sell beef. It's too expensive. Something's wrong somewhere. Yep. Someone's doing something. Something is not.

Something is is not right. Something is not right. Something is quite wrong. Something's wrong. I can feel it. Tanner Larson says, keep up the good work, guys. What is the end game with Bitcoin? What happens with the debt held by Japan, China, and the public, whom hold the majority of our country's bonds, if Bitcoin becomes a standard?

The dollar implodes, and those holding Bitcoin become wealthy? The end game with Bitcoin is that it will be worth around the equivalent of a million or so dollars, and it'll stabilize between half a million and a million at some point. It won't stabilize completely, but it'll stay pretty steady. And then you'll have Bitcoin, which will effectively function like your bank account. When you want to store money, you transfer it into Bitcoin and you just leave it. And there's a public ledger like a bank. And then when you want to spend cash, you'll switch to Doge or something or Litecoin or Bitcoin Cash. Whatever is easier. People will probably accept crypto. They'll probably just say crypto.

They'll be like, we take crypto. And then you'll be like, it doesn't matter what your token is. There have been a bunch of attempts at creating rapid transaction so that if someone says it's's 10 bitcoin you can select doge and then just hit it and then it'll do the equivalent of doge to bitcoin if you have it yeah a bunch of systems trying to do something like that all right terry diffy says great job great show why don't you and shows like yours crowder shapiro rubin join forces to create a super group couldn't be ignored then everybody's running their own thing, I guess. Cam S says, Neil Tyson on JRE

depicts the Great Reset. At an hour 32 and 20 seconds, leads into an example of owning a drill and not using it, so we'll have to rent and have shared commodity. That's correct. You'll need a specific tool, and you'll have a subscription service. I saw

a commercial today for kitty poo club and i was like we've jumped the shark first there's like you know there's there's like clubs like dollar shave club and it's like when i first saw that i was like do you really need a brand new razor once a month i guess it's easy just shows up at your doorstep so you get your razor and you get your replacement razors and everything i'm like okay wasteful then i saw one i see a bunch of these clubs that like kind of don't make sense and then i your replacement razors and everything. I'm like, okay. Wasteful. Then I saw one. I see a bunch of these clubs that kind of don't make sense. And then I saw Kitty Poo Club. And I'm like, all right, we've done it.

That one actually makes sense. What is it? It's a cardboard box. And it comes with just enough litter to where you put it up and you fill it up. And then at the end of the week or whatever, a new one arrives. You just toss it. It's just cardboard. That sounds fun.

So you don't get wasteful plastics for your plastic poo boxes. And you don't have to worry about digging through cat poop. You just throw it in the trash. And then you pop up in the new box. It's amazing, isn't it? It is. I used to be kind of... I'm from the 90s, so I was... I'm from the 80s. I'm from the past.

Are you from the 70s? Yeah, from the 70s. I was obsessed with owning my own music. So I wanted a Burnham on CDs. I had it all on my hard drive. And then Spotify and all these streaming networks came out. 70s yeah from the 70s um i was obsessed with owning my own music so i wanted like a burn them on cds i had it all on my hard drive and then spotify and all these like streaming networks came out and i hated the idea that i didn't own it that i was it's like this great reset thing they want you to not own it but and i hated it i wanted it because i want to own it same with video games i don't like that all my games are on steam i would like to have a hard copy but now having this amazon computer be able to be like, play this song, play this song,

play this song. I don't, it's amazing. So maybe there is something to it. We don't own movies anymore. Yeah. You don't own your movie on Amazon. You bought it.

You bought the, you don't own the software on your phone. You bought the right to view it. Yeah. The license to it. All right. Club Foot Billy says,

just here to throw out some love for matt and much love uh for you too tim keep on keep it on and keep those good vibes going we'll do nova zero says hashgraph is a consensus mechanism it's kind of pointless because it requires that each party on it is authenticated to even participate which defeats the point attractive to centralized institutions. Interesting. All right. Let's see.

Sidekick says, Tim, you keep saying unemployment is causing a work shortage in jobs typically held by teenagers. They don't get unemployment. Maybe they're just lazy. They're not typically held by teenagers. Maybe they were 20, 30 years ago. Yeah, it's not the case anymore. Jensen Zeiger says, West Virginia is doing a gun lottery for the vaccine. Also, we don't have a Wawa in Texas, but we do have QT and Buc-ee's.

What's the other one? There's another one that's kind of like Wawa. I can't remember the name of it. Man, I can't remember the name. Oh, well, whatever. Yeah, West Virginia is doing a gun lottery. Guns and trucks, right? I don't know how to feel about that. How does it work?

Guns and trucks. So you're awarded it potentially as a lottery if you get a vaccine? Yep. You know what I find creepy about it is I'm like, you got to talk to your doctor about your medical history. There's a story right now about a band, a punk rock band. I shouldn't call them punk rock.

I should call them establishment rock. Establishment rock called Teenage Bottle Rocket. They're super pro-establishment. They love government. They love massive multinational corporations. Super big fans of big pharmaceuticals and all that stuff. Just they love the system. Anyway, they're doing a show where it's $1,000 to watch them play.

But if you're vaccinated, you get a discount. It's only $18. Well, some woman complained because she went to her doctor and her doctor said, you've had COVID too recently. You can't get the vaccine. So now she's not allowed to go to the show because she can't afford it. That's screwed up so these guys are like if you're rich you don't have to get a vaccine it's like that's the that's a terrible message it should you should not do that well there you go that's why i don't like the idea of like of lottery it's like no no you go to your doctor and here's here's what i tell people talk to your doctor ask them about your medical history

you want to be careful because like you go to the cdc website it'll tell you the list of ingredients it tells you what allergies to be aware of and you ask your doctor about it it's that simple don't take political opinions from people i know your doctors have political opinions too but you want to make sure you're getting sound medical advice you know all that stuff hard to come by yeah all right. says, Corn prices are way up. Corn is feed to livestock. Corn ethanol is used for gas. It's a domino effect.

That makes sense. That's right. We subsidized corn. It is going to keep happening. All right. Let's do a couple more here. Jay Smith says, What is Project Dragonfly?

What is it being used for? Who funded the project? And who is asking for this? Very, very relevant. Interesting. I'll look it up. Eric Mo says, Coors cores you're needed at the office bright and early tomorrow i don't want to hear you're tired from taking glamour shots all night and then four duck emojis all right last we'll do what we'll do one more number one underscore to you says have you heard

about china threatening nuclear war over probes into the origin of C-19? I did not, but that is creepy. Wow. I certainly hope that's not the case. All right, my friends, there's going to be a bonus segment up at TimCast.com at about 11. But make sure you smash that like button right now. Just help us out. Give a smash and share the show with your friends.

You can follow the show on Facebook at TimCast IRL. Share the clips from the show to help get more people to pay attention and follow us on Facebook at TimCastIRL. Share the clips from the show to help get more people to pay attention and follow us on Instagram at TimCastIRL. You can follow me personally at TimCast. We do the show Monday through Friday at 8 p.m., even on holidays like yesterday. So we will be back tomorrow. Matt, you want to shout out your socials and your channel and all that?

Yeah, if you want to kind of follow along what's going on, Stocks, Options, Crypto, Twitter, Matt underscore Kors, Instagram, Twitch, all that, same thing, Matt underscore Kors, and then on YouTube, just Matt Kors. Keep it simple. Nice. You can follow me at iancrossland.net and at Ian Crossland along all lines of social media

and check out my music on Amazon and Spotify while you're at it. Very cool. And you guys, I really want at least 10,000 likes on this episode. We had like 35,000 people tune in to watch, which is really awesome. Matt was super popular. I feel like we should have at least 10,000 likes on this episode. We had like 35,000 people tune in to watch, which is really awesome. Matt was super popular. I feel like we should have at least 10,000 likes, right? Right? Okay,

there we go. All right. Anyway, you guys can follow me on Twitter at Sour Patch Liz and help me beat Sour Patch Kids in follower count. There's something you can do now. You can ask your little robot device, maybe it's from Amazon or Google, to play Will of the People by TimCast, and it will actually play that song.

And for those that aren't familiar, just search for it on YouTube and check out the music video. It's a short film. We released it back in November. It's critical of everyone in politics. Maybe you'll like it if you like rock music. I'm working on more, so we'll see how things turn out in the future. But I'm really excited because we just finally got it listed on Spotify and iTunes and everything,

so you can now get it. So thanks for hanging out. Go to TimCast.com. Become a member. The bonus segment will be up at some point around 11 usually when it goes up and we'll see you all there.

Bye guys.