Tin Foil Hat With Sam Tripoli - #198: The Crash with Max Keiser

Episode Date: June 6, 2019

Thank you for tuning for another episode of Tin Foil Hat with Sam Tripoli. This episode we welcome World Financial Expert Max Keiser to discuss the upcoming financial collapse that is on our horizon, how we got to this point and what you should do to survive it. All of this and more on this awesome episode of Tin Foli Hat! Nut Sac: NutSac is offering listeners $5 off their first purchase!  To receive your discount, visit specific nutsac.com/tinfoilhat! Go too Nutsac.com and use the promo code TINFOILHAT AbsoluteXracts: Check out our sponsors at ABX.org! They are the Nike of weed and have everything you might need to get lit as f@ck! BETDSI: Go to BETDSI.com and use the promocode HAT100 and they will double your deposit. We have big shows coming please check them dates out: June 11th: ABX.org presents Comedy Chaos live at The Comedy Store June 14th: Hyenas Comedy Night Club Plano Texas June 15th: Seacret Group Houston June 21st - 23rd: Skankfest In Brooklyn July 6th: The Rec Room in Huntington Beac

Tinfoil Hat. Oh, what the fuck are you guys even talking about? Global controls will have to be imposed. And a world governing body will be created to enforce them. Welcome to Tinfoil Half. We go deep home boys. Aaron, open your mind. Drink from the fountain of knowledge. There's lizard people everywhere.

That's some interdimensional shit. Wake up, Aaron. This is only the beginning. There's, you just put my mind. Are you ready to get your mind blown? The Revolution will be podcasted. The Revolution will be podcasted here, live in Sunny Burbank. Welcome, Tim Foyle.

You know who I am. You know what I'm here to do. Okay. Join me as always is XG. And the place to be, we are live, uh, This Show is the People, the People. the th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. thi. to to to to to to to to to to thi. thi. to to to to to to to to to to to to to to to get to get to get to get the the the the the the the the the th. Are th. Are th. Are th. Are th. Are th. Are th. Are th. Are th. Are th. Are th. th. th. th. th. th. th. th. th. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi know what I'm here to do. Okay. Join me as always is XG. And the place to be, we are live. This shows for the people. Okay, for the people. I just want to say what a wonderful time it is to be alive. And I hope you're enjoying your spring to your summer. It's a great time. You should just look at the positives in life and enjoy that because we got a lot of stuff going on. We got some dates coming out here, man. We got some big dates coming out. Next Tuesday is another comedy chaos live. Brought to you by our good friends at ABX.org. Go to ABX.org.

That is absolute extract. And they are the top shelf of weed. We are talking the Nike, the Reeboks, minus the sweatshops. We're talking for the people, buy the people. It's all about the people. We got everything. We got vapecks. We got stuff for your, I mean like, I'm working on boner pills, caffeine, you name it.

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Eddie Bravo booked. We got Steve Renizzi booked, okay? That's your show one. And then we're gonna have a second show. Josh Wolf, I'm putting together a crew of murderers. So I hope you guys come out. These shows will sell out so grab your tickets real quick. We give out weed, we give out donuts, we give out, what else do we give out? Tons of stuff, you name it, you leave happy with a smile on your face. Go to the comedy store. tho. Then, th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. tho, tho, tho, tho, tho, tho, tho, I th. tho, tho, tho, I th. th. th. th. the the the the the the the the the the show, the show the show the show the show the the show, the show, the th. So, th. So, th. So, th. So, th. So, th. So, I I I I I I th. So, I th. So, I th. So, th. So, I th. So, I th. th. th. th. the. the. the. to to tog. tog. today, today, today, today, today, the. the. tho. the. th. th. th. th. to the comedy store dot com then after that it is the alien shot JFK tour of Texas that's right it's myself Eddie Bravo XG and the place to be we are 14 on the 14th of June we are at Plano we're at hyenas that's an 8 o'clock show go grab your tickets there and then the second show the next night we are in Houston and we're at. And then the second show, the next night, we are in Houston,

and we're at our old stopping grounds, the secret group. And we're going to all go to a strip car club with hot black ass. That's the goal. You've been saying that, Sam. You've been saying that. Well, they probably did one with Asians last time. What is this? Rush hour? No. I want I I I I I I I want I want I want I want I want I want I want I want I want I want I want. I want. I want. I want. I want. I want. I th. I want. I want. I th. I th. I th. I th. I th. I th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the. th. the. the. the. the. to. to. to. to. to. to. to. to. to. to. to. to. to. the the the the the the the the the the the, what is this? What is this? Rush Hour? No, I want elite black ass. That's what I'm looking for and we're going there.

So come join us and then we'll all go afterwards and enjoy some ladies and we'll help some single mothers pay the bills. Okay, so that is, that is on the 15th. And then the next week after the 20th, we're, we, we, we, we, we, tw, we, tw, tw, tw, we, tw, tw, tw, tw, tw, tw, tw, th, th, th, th, th, th, th, th, th, th, the, the, the, the, the, the, th, th, the, the, the, the, th. th. th. th. th. th. th, th. th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th. We're, that, that, that, that, the that, that, that, that, that, that, that, that, that, that, th. the 20th the week after the 20th. Yeah, we're at skank fest All right myself X G we're doing a show with Tim a Dillon there So that's gonna be great and then we're proud to announce that July 6th Tim fall hat comedy night is making its way to a Huntington Beach at the awesome rec room the rec room hb dot com and grab those tics I have a feeling that's gonna sell out very quickly and you can get the the the the the you you you you you the tip tip tip their tip tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tc. tm. tm. tm. tc. tc. tc. tc. tc. tc. tc. tc. I I's tc. I's tc. I's tc. I's tc. I's tc. I's tc. I's t. I's t. I's t. I's t. I's t. I's t. I's t. I's tc. tc. tc. tc. tc. tc. tc. tc. tb. tb. tb. tb. tb. tb. tb. tb. tb. tb. tb. tc. tc. tc. you go to the rec room, HB.com and grab those ticks. I have a feeling that's going to sell out very quickly. Yeah, you can get your tickets now. You can get them now. Grab them now. It's going to sell out. So. Grab them now. So sleep on it. That's it. New t-shirts are available. Go to the foils up, okay? Some Ronan shirts, some samurai shirts, you name it. They're all there.

Great way to support the show. Also, if you want to support the show, go to the Patreon. Go to Patron. to Patron. to the tp-oil hat. And I'm putting up new content there. Two things a week. I'm doing, I doing conspiracies now the world's worst greatest public access show And then I'm gonna get back to doing the The madhatter stuff and I also put out a live stream on there I'm going hard on the pay on Patriot so join us there. It's a great way to support the show a great way to support me is to go Go to my YouTube YouTube.com Backslash Sam Triply and check out my

specials for free. You can see them for free now on my YouTube. Just put in Sam Tripoli stand-up specials. Sam Triply stand-up, it will come up Armogadden and Zero Fox are available for you for free. Check them out. And when you see the hour of power, I hope you guys will come and join me. And finally, today's show is brought to you by our good friends

at Bet DSI. Go to Bet DSI. Use a promo code, Hat 100. And you will get whatever you deposit, they will match up to $500. Now, if you take the bonus, you can gamble once and get the $ $ $ $ $ $ $. If you don't take the bonus, okay, you can gamble once and get your money right out. They're longtime sponsors of all my podcast, and we're very thankful to have them. And they've re-upped, so we're going to do it some more. Great time. We got the NBA finals, UFC, boxing is insane right now. You saw that shit? Dude, congratulations, Mexican man. I know, everyone's all hyped up that.

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hat 100 and they will match whatever you deposit, okay? So that is the bills. What times are that? They're? Seven minutes. Seven minutes. But it's all important stuff. I hope you didn't skip it because we're coming to a city near you and you're not going to know and then guess what? We're not going to be able to come to your city again because you didn't show up.

The only way we come back is if you come support the show, see us live and watch us rock hard. Speaking of rock hard, our next guest is on what I think is one of the most important news channels out there. It's on YouTube. It's you can find it on your cable. It's RT News. He's an expert in the global economy. Please welcome Max Kaiser everybody.

How are you, Max? Yeah, Sam, great to be on. I just ordered, uh, you know, I want to get high and hard too, like anybody else. Yeah, I got to repeat the sponsor, man. That sounds excellent, like an excellent product. Yeah. I can't believe you're not doing a billion dollars worth of that business. I mean, that sounds like something to retire on right there, buddy. Thank you, dude. And that's from a financial expert. He thinks my business. Yeah, seriously. This can't th is can can can can can this can solve the American's trade deficit and fiscal deficit if we sell enough high and hard product. I mean, we're going to be right there with a fiscal surplus. Yes!

Dude, yes. Finally, somebody has my vision, a weed boner pill. It will be so big. It will literally- Yeah, no, I mean, you can't miss with this. You're combining two of the most important elements in the economy today. People, of course, if they don't get hard, you won't have an economy. Because the economy is based on people basically chasing women, chasing sex.

And if you're not hard, there will be no economy. And of course, you need to be high all the time, for that inspiration to go chase after the opposite sex. So, I mean, this is an economy solver. Max Kaiser, you are my spirit animal, okay? You are my spirit animal. So listen, before we get into, I want to talk about RT News real quick.

There's a lot of people who push back on it. I know when the show first started it was like, we were like 2016 and we were kind of getting into the election and you know Lee Camp was doing some great reporting on election fraud and the big pushback was, oh he's on RT news and that's basically ran by the Russian, funded by the Russian government. And I go, but is the information not real? Is it not right? Unlike our mainstream media, which is funded by the military industrial complex, the intelligence community, big pharmaceuticals, and I list them individually but they're most likely the same

people who funded by that who've been caught lying over and over and over again. As someone who's on RT News, what is your response to that, what I think is a ridiculous statement? Yeah, well you said you wanted to cover this quickly. I don't know why. You would want to cover it quickly. He told me you've got a freaking hour for 60 minutes. I mean, we have to drag this out. You're all, you know, stretch it out as much as possible. You've been on the show five minutes and you're already my favorite guest. Well, that's great man. I hope to see you in Los Angeles. You know, we're there once a month. Anytime. All the time. All the time. I thought the performance at the Viper Club was outstanding. It's really funny stuff. But anyway, to get to your question. So with RT, you know, we've been on there for 10 years and when we started, it was nobody was paying any attention to Russia at all.

And you know, then suddenly politics changed and particularly now when Hillary Clinton lost the 2016, you know, some, there was a scramble to kind of find a scapegoat to this. So the Democrats were unwilling to admit that she just ran a horrible campaign. So they made up this whole story about Russian influence and then we had this major investigation with Robert Mueller, etc. went on for two years. Then they came out with the conclusions and they said, well, we concluded there was nothing really there, it was all smoke, and that still didn't satisfy the people trying to apologize for Hillary.

And the Democrats have lost a lot of political capital. They've wasted two years. You know, we've said, I've been observing this, as you point out, I do my show on RT, so I'm pretty close to observing how the media operates in Russia, how it operates. Globally, I've done television for many international outlets all over the world, including the BBC, France 24, Al Jazeera English, I did a lot of shows for them, RT. So I've seen this global news business now for 10 years, and, you know, I've been saying for years that this whole, Russia-G-I, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, the, the, the, the, the, the, the the the the the the th-a, th-a, th-a-a-a-a-a-a-a-a-i-i-i-i-i-i-i-i-i-i-i-i-I-i-i-i-i-i-i-i-i-i-i-i-i-i-i-i-i-a, th, I've th, I've th, th-a, th-a, th-a, th-a-a-a-a-a-a-i-i-i-i-i-i-i-i-i-i-i-i-i-i-nit-i-nit-nit-no-no-no-s.go-s. I-se-se-sgo-s. I-s. I-s.g. I-s. I've-s.g. I've-s. I've-s. I've-e-a-a- years and you know I've been saying for years

that this whole Russia gate hoax is going to end up going nowhere. It's just to make Hillary you know look good try to come up with an explanation for her loss and you know once you leave the US nobody it once you leave New York and Los Angeles, like I went on two cross-country trips and I did two shows, one with Stephen Baldwin where I traveled from Los Angeles to the East Coast and then did another trip from Los Angeles down to Florida, cross-country trips, talks to hundreds of people, probably thousands of people, overall. And nobody mentions Russia. It's, it, it, it, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's their, it's not, it's not, it's not, it's not, it's not, it's not, it's not, it's not their their co co, it's their co, it's their co, it's tho, it's tho, it, it, it, it, trips. cii.cococococococococococu c. And I I I trips, trips, trips, thi. And I I I I I I. And I. And I I. And I I. I. I. I. I, it's, it's, it's, it's thi. I's thi. It's thi. It's not thi. It's not thi. It's not thi. It's not thi. I'm thi. I'm thi. I thi. I tipe. tipe. I tipe. I tipe. I tipe. I tipe. I tipe. I trips, talks to hundreds of people, probably thousands of people overall. And nobody mentions Russia. It's not a topic for them.

They're not fooled by this. Nobody cares about this. It's all a big hoax. Yeah, I couldn't agree more. There has been no evidence of this at all from even the beginning of it. It didn't even make sense. And now, I, they're just, they, they, they, they, they, they, they, they, they, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're just, they're, they're, thi, it, it, it, it, it's, it's, it's, it's, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, th. It's, th. It's, th. It's, th. It's, th. It's, th. It's, th. It's, they're they're they're just, they're just, they're just just, they're just just, they're just just, they're just, they're just, they're just, they're just just, they're just, sense. And now, they're just, they're literally shoving even more the narrative down our throats, not in the hopes of proving that there's Russian collusion,

but more just to save the reputation because they spent two years gambling on something, which I think they knew wasn't real. They were just being told by the people who signed their checks to push it. And now their credibility is shot, that they're going even harder in the pain to prove some some weird kind of shady backdoor stuff that doesn't even exist still. And Robert Mueller's being pushed out and again to say, why I didn't say there was no obstruction and blah blah, blah, just just.... th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the th. the the the the the the the the the the the the thi their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their they they they they's they's they's they're they're they're they're they're they're they're they're they're th. thi. thi thi. the. the. thea. thea. thea. thea. thea. thea. the. the. they're 't say there was no obstruction and blah blah, blah, just to buy more credibility. What I don't believe is how 2 million people still watch MSNBC, including the woman I sleep with every night. I come home all the time and it's on and to the point where it's like, I'm thinking about

faking my own death to get out of this relationship. Well, okay, you know, that might be a good idea. You know, let's go back to the history of this a little bit. You know, the news media in America has gotten increasingly more sensationalist over the years, and let's say 10 years ago or so, you had on Fox News, you had Glenn Beck. And Glenn Beck made a tremendous impression because he would go on TV and he would cry.

And he'd be, he'd go on a chalkboard, and you'd connect the dots in some bizarre way. And this got a lot of ratings, and it was all conspiracy theories. But it did very, very well for Foxx, th. th. th. th. th. th. th. And he. th. th. th. th. th. th. th. th. I, th. I, th. th. I, thi. thi, thi, thi, thi, t, t, t, t, tha. I, tha, today, tod. I, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t, t. And, t. And, t. And, t. And, t. And, today, today, today, today, today, today, today, today, today, today, today, today, today, today, conspiracy theories, but it did very, very well for Fox. And he was taking his act directly from Alex Jones. Alex Jones is kind of the progenitor of this type of broadcasting, which mixes conspiracy theories with news, with highly charged, highly emotional presenter. Alex Jones is, you know, does crazy things, but it, you know, drives millions of views. And if you remember, Trump's first stop

on his media campaign leading up to 2016 was on Alex Jones. I mean, that was amazing. That was his first media stop was Alex Jones. Okay, flash forward to the elections over or leading up to the election. And MSNBC, the ratings are horrible, they're about to go out of business and the word comes down for management you we need somebody to out Alex Jones Alex Jones and that somebody was Rachel Maddo is the female version of Alex Jones every single night is wall to wall conspiracy theories she cries she carries on she gets emotional

and the ratings go through the roof. She cries, she carries on, she gets emotional and the ratings go through the roof. And she just lies. Constantly lies. And I mean like not that Alex Jones is the most honest dude in the world. We've had him on the show. He's a gentleman when I met him. I mean but we know what he does. He just, you know, he's a he puts out a show like a pro wrestler you know and that's what she does I can't believe she has two million viewers I what does it take for you not to trust the person who is supposedly giving you the news I know I know major comedians and comedians had to be the most paranoid people I know

who thanked Rachel Meadows for teaching him about US history I'm like you're talking about a very attractive lesbian who has the same the same the same the same the same th th th th th th th th th th the the the the the to to the to to the to the to to the the to the to the to the to to the the. the to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to th. th. th. th. th. th. th. th. th. th. th the the the the the the same the the the the the the the the the the the the same the same the the the the the the the the the the the thee the the the the the the thaching them about US history. I'm like, you're talking about a very attractive lesbian who has the same haircut as Sean Hannity. What are we doing here? Right, you know, this is MSNBC, of course, now the ratings have collapsed, of course, now the ratings have collapsed, now the ratings have collapsed, because once this Russiagate hoaxed, and CNN and MSNBC ratings have collapsed, and they now the inheritor of those ratings are Fox News. Now, Sean Hynet, he's number one in cable news again.

And so the pendulum has swung back to Fox News. And the Democrats have lost two years. You know, leading up to 2020, they have no candidates that are, they've just completely wasted two years of political capital. And they're not going the their their their their thiiiiiii. thi. thi. thi. thi. thi. thi. thi. thi. thi, it's thi. thi. thi. thi. thi. I's just thoanananateatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheatheat, th. th. th. th. th. th. th. th. th. It's, th. It's, th. It's th. It's th. It's th. It's th. It's th. It's just just just just just just just just th. It's just th. It's just th. It's just th. It's just th. I's th. I's th. the. thean. thean. thean. thean. thean. thean and they're not going to stop. They're going to keep doubling down on this insanity even though it's proven to be a loser and you know this is just remarkable that they're going to not even try to win 2020 if they were going to try they would take a different approach. What if they're meant to lose? What if they're the Washington generals? If they're taken they're they're the they're the they're their they're their they're their they're their their they're to their to their to their to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to their their their their their their their their their their their their their tooe.e. their their their their their their tooooooooe.e.e. tooe. tooe. tooe. toe. toe. toe. toe meant to lose? What if they're the Washington generals? If they're taking money from the same people as the Republicans,

maybe they're meant to lose this fight and this is all being done to purposely lose and disenfranchise the liberal movement or whatever you want to call that is challenges the conservative or the status quo? I mean we have a very short, short memory in this country where, and you know, as conspiracy theorists, as much as I love the community and I'm a part of it, we keep saying that this like, FISA gate is the worst thing in American history when we forget that basically everybody lied about 9-11 and weapons of mass destruction and Fox News was the pipe piper of that lie yet you know nobody seems to remember that and they did conservative like censorship which is a big issue right now censorship before was right to

left or conservative to liberal book burning relationships interracial dating all the language you could use was all from the conservatives to the liberal side and now it's going the other way before it used to be morals now it's based on feelings, okay, and now it's going the other way and they seem to completely forget about that. Maybe this is all meant to be a loss. Well first of all the Washington Generals, that is a Harlem Globetrotter's reference? Yes. Okay. I I I this. I this. I this. I this. I this. I this. I this this. I this. I this. I this this this this. I this. I this this. I this this this this. this this this is this is this is this is this is this is this is this is this is this is this is this is is is this is is is this is is is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is th. Maybe th. Maybe th. Maybe th. Maybe th. Maybe th. Maybe th. Maybe th. th. th. th. th. th. th. th. th. th. th. th. this th. th. this th. th. This is th. This, that is a Harlem Globetrotters reference? Yes. Okay, I would have gone with Toronto Maple Leafs.

Okay, I'm fine with that. I'm fine with that. They appear incapable of winning a Stanley Cup now for 50 years. To all your Canadian viewers, that's probably they're taking another 50 years. Yeah. They don't see them completely incapable of winning at that level. But anyway, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, thi, thi, thi, thi, thi, thi, okay, okay, okay, okay, okay, okay, okay, thi, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay, okay, okay, thi. Okay. Okay. Okay, thi. Okay, thi. Okay. Okay, thi. Okay, thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. Okay, thi. thi. Okay, thi. thi. thi. Okay, thi. Okay, tha. Okay, thi. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. another 50 years. They don't see they're completely incapable of winning at that level. But anyway, moving along. So this is, you can go down this idea where they're meant to lose and then there's like you

peeling back the layers of the onion and you're coming up with a conspiracy, within a conspiracy. There's another way to look at this that I see and that is that what I call ratings versus data. So in the Democratic camp, they think about ratings. And remember Les Moonvets of CBS said that even though he hates Trump, it's great for ratings. And MSNBC are ratings driven. And the Democrats tend to be aligned with Hollywood types and television and movie stars and they're all very sensitive to ratings.

Whereas Trump looks at the data. He's a former casino guy. He's a reality TV guy. He looks at the data. And he knows that when people, he take a poll of people and you ask him what your top 10 or 15 concerns in the country, Russia comes in dead last. So he knows that if he can, if thi thi can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can can the the the country, Russia comes in dead last. So he knows that if he can provoke Maddow with, by getting her, you know, in Russia they came up with this phrase during the Soviet time of the useful idiot.

So Maddow becomes Trump's useful idiot. He typically gets her all frothy about these Russia conspiracy and he drops breadcrumbs for her and she goes nuts on every night on MSNBC because he knows the data tells him it doesn't mean anything that as long as he's not questioned about the actual issues that could impact his election he's happy to get the mainstream media obsessed over something that he knows the majority of the population doesn't care about.

Okay, I couldn't agree. The useful idea is a wonderful, that is just the name of this episode. Thank you. I want to get into things that people do care about, and that is the economy and where we are going. Everything is basically pointing towards a major collapse. I'm hearing the housing markets about the collapse, the dollars about the collapse. What is going on and where should we start, Max? You start with 2008. So in 2008, the world economy had essentially a cardiac arrest. You had what's

called a credit freeze. So banks were not lending to banks. So interest rates on bank lending, which is very short overnight lending, went up dramatically. And so you had their global economy, which is based on lending, banks lending to each other and making more loans and it's based on debt. It came to a grinding halt. So now to try to get the economy going again under Barack Obama, they authorized a three-quarters of a trillion dollar tarp bailout one day, and that quickly escalated they've now basically printed up to 17 trillion dollars worth of money, a bailout money that have th, it th, it th, it th, it th, it th, it to to th, it th, it th, it th, it th, it th, it to th, it th, it th, it to to to to to to to to to to to to to to to the, it the the to to a to to to to to to theoling the, and the, and the, and the, and the, and the, and the, the, th, th, th, th, th, th th th th th th th th th, th th the, the, the, the, the, the, the the the the the the the the the theniiiiia theiiiia theiiiianianianianianianiania thinininnia, the th, they've now basically printed up to $17 trillion worth of money, a bailout money that have gone to the banks. Now to give you, to put that in the context, the entire U.S. economy is roughly $17 trillion.

So they printed the entire U.S. economy's worth of free money and gave it to the banks. And what have the banks done since 2008? Well we know that they have not lent it to businesses because there's another number you can track called bank money velocity, which tracks how fast the money goes through the system and that continues to go down to record lows. So what are they doing with the money? They're keeping it for themselves and they're paying themselves bonuses. They're buying back buying back buying back buying they're buying back buying back buying they're buying their buying their buying their buying their buying their their their their. They're buying their. They're buying their. They're buying their. They're buying their. They're buying their. They're buying their. They're buying their. They're paying their money. They're buying their money. They're buying their money. They're buying their. They're buying their. They're buying their. They're buying their. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're paying. They're their. They're their. They're their. They're their. They're their. their. th. th. th. th. th. th. They're th. They're their.e.e.e.e.e.e.e. They're their.e.e. They're their. They're they're their. They're they their own stock. Jamie Diamond becomes a billionaire. The guys at Goldman Sachs become billionaires, just taking the money from the government, they're supposed to go into getting the economy started, but

just keeping it for themselves. Now, part two is that the bank balance sheets are keep getting more exaggerated and enormous, where you've got hundreds of billions and many trillions worth of debt on these banks balance sheets that are as many, many times more than the equity of the bank itself. And that debt since 2008 has grown almost exponentially. Now, here we are in 2019 and those the banks are starting to fall apart again so we know that Deutsche Bank in

Germany is on the verge of collapse and they that could very well be the next Lehman Brothers where you have a one bank right sets off a chain reaction and at this time instead of having to print three quarters of a trillion dollars to bail out the system, they would have to print 50 to 60 trillion dollars to keep the system going, or you have a collapse, as you pointed out, which is the more likely scenario, and the economy goes into a severe contraction, a very severe contraction, Sam, not to be alarmist, but if you just look at the numbers,, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it, it the numbers, the numbers, the numbers, thi, thi, the the thi, thi, to be to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to be to be to be the the the the the the the the the the the the the the the the thi, thi, thi, thi, thri, thri., thri. thri. thri. thri. thri. thri. thri. thri. thri. thri. thri. thri a very severe contraction, Sam, not to be alarmist, but if you just look at the numbers, it would be quite horrific. Oh my God, so...

So, like, like, world depression? Like, this isn't just like the United States, but this is a global one, right? Or is it, if the United States economy collapse, all economies collapse? Well, the U.S. is key because the globe works on the U.S. dollar as world reserve currency. And for example, how that works is commodities like oil are priced only in dollars. If Japan wants to buy oil, they have to buy dollars first. If countries around the world in the Saudi Arabia, etc., if they want to buy commodities, they have to buy dollars

first and then buy the commodities. That's the deal that was made after World War II, that you have a global economy that's tied to the US dollar. So the US dollar is tied to the US federal the US federal the US federal the US federal the US federal the US federal the US federal the US federal the US federal. the US federal the US federal the US federal. the. the. the. the. the. the. the. the. the. thea. the. the. thea. thoes to to to to to to to to to to to to to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy is to buy is to to to to to to to to to to to to to to to to to to to to to to to to to to to to the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the thea. too. too.tied to the US dollar. So the US dollar is tied to the US Federal Reserve Bank and the US Federal Reserve Bank is now leveraged 60 to 1 over 50 to 60 to 1. And they are on the verge of declaring insolvency. So then if the dollar goes bust then you have a global bust. So it is global, but it is tie to the US dollar. The US dollar is still the underlying underlying underlying underlying underlying underlying underlying underlying underlying ied to the U.S. dollar. The U.S. dollar is still the underlying reserve currency for all banks everywhere, and it's on, it has, it is extremely precarious, the current situation. So we're talking basically the Petro dollar at this point,

but not just in oil, but in a lot of different markets, But in particularly oil seems to be what everything is connected to. And a lot of this, a lot of this war in the Middle East is based off, people wanted to get off the Petro dollar, wanting to trade in, basically Libya wanted to start as an African monetary unit that they would trade their oils on. Saddam Hussein wanted to trade his oil in, wanted to get off the US dollar maybe into the pound. I'd forget which one it was, but, and now we have China.

They're now selling their oil or they're buying oil in their monetary unit. It's all based off the petro dollars. That what we're talking about? That's exactly right. You know, that's exactly right. So since the early 1970s and the introduction of the petro dollar, you have those exact relationships, as you just described them, we're in place and now they're coming apart.

So China is now doing deals outside of the US dollar. They're doing bilateral deal directly with Russia and Iran. And as you point out, Libya, Iraq, and Iran have all tried to price their energy in something other than the US dollars. And of course, Iraq was invaded and Saddam was hung. Libya was took torched and turned into a terrorist state, and Iran is, of course, currently in the crosshairs of the U.S. Pentagon, primarily because of this oil issue, as you point out. But meanwhile, here's another interesting kind of background to what's going on in the last 10 years.

This gets back to, you know, RT and our reporting on RT, we've been reporting now for 10 years that Bank of China and the Central Bank of Russia have been very aggressively buying gold and they've been buying hundreds of tons of gold and the point is that they are getting ready for a dollar collapse because when the dollar collapse is gold will skyrocket. And so they're already preparing for that. An economy like Russia has virtually no debt at all, and they now have the third or fourth biggest gold reserve in the world. China has in the top three gold reserves in the world. They're doing deals together.

They want to create a land mass connecting Eurasia in Europe. Germany is now talking in ways that would indicate that they are less really our allies than they have been since World War II. They're siding more with Russia in the East because they get most of their energy from that side. Plus there's a tremendous controversy right now over Chinese telecommunication company called Hueiwa and the US is trying to tell Germany that they can't do business with this Chinese telecom company even though that Hauaiwa has the best technology in the world right now if they have a 5G technology and people will now want to go, they're leading innovation.

So the US is trying to tell what to do. And Germany is saying, wait a minute, it was just like a few years ago, you hacked Merkel, our leader's phone. Remember the NSA hacked her phone. And they're like, what are you trying to tell us how to run a telephone business? And you're hacking it's right. So the bottom line is, as you point out, all those relationships are breaking apart. The dollar is losing its status, and that is very, very bad for the dollar, the way that

we would experience that in the US is that we would have a lot of inflation. So gas would go from three or four dollars a gallon to eight, nine or ten dollars a gallon. Oh my God. Right. Well, we already saw it a few years ago when oil got to a $1 1 1 1 1 1 1 1 1 1 1. th. th. th. th. to th. th. th. th. to th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. So. So. So. So, th. So, th. So, th. So, th. So, th. th. And, th. And, th. And, th. And, th. And, and th. And, and th. And, and th. And, and th. And, and th. And, th. And, th. And, th. And, th. And, th. So. So. So. So. So. So. So. So. So. So. So. So, th. So, th. So, th. So, the. So, the. So, the the the the the the the the the the the the the the the the the. And, the th. And, th. And, th. And, th. And, th. Right, well, we already saw it a few years ago when oil got to 147 a barrel. Remember gas got to $5, $6 a gallon. And America is very unsophisticated when it comes to this type of price reaction. Remember there were people in the ex-erbs, you know, beyond the suburbs in their SUVs. They ran out of gas and they were calling 911 and saying, help me, help me, I've run out of gas, I don't know what to do.

That's how unprepared we are for an oil price shock like this. Yep, yep, I mean, it's, I, we live in a bubble and what we've created is this, this thing where they are bombarding us with useless information so that we don't pay attention to anything else going on. Now you're talking about people wanting to shift from USA Allies to other. Israel recently gave a giant port to China for China to control. Do you have any thoughts on that? Well before getting to that, let me just mention that RT News, because of this fake Russia gatehoax and russophobia, a lot of Americans don't hear what goes on on RT, like my show,

for example. You know in 2011 I was pounding the table and telling people to buy Bitcoin when it was one dollar. I got to buy it. Okay it was one dollar. So I have there are people all over the world you know it goes out to a hundred countries people and who get RT who became millionaires. I've made probably two or three hundred thousand millionaires from people who put, yeah. They just put, they just put it, to buy to buy to buy to buy to buy it to buy it to buy it, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy, to buy it, to buy it, to buy it, to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy to buy, to buy, to buy to buy, to buy, to buy, to buy, to buy, to buy. to buy. to buy, to buy. to buy, their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their've made probably two or three hundred thousand millionaires from people who put, yeah, they just put, all you had to do is put a few hundred dollars into Bitcoin at a dollar and went to 20,000. What's it up to now? It's now $8,500, it got to 20,000.

Right, so because there's such a moratorium on RT, people in America missed out on this. Where people in all over the world, they got teenagers. People, kids who are 13 years old become millionaires because they watch my show and they put like their lunch money into Bitcoin and now they're millionaires. But you know Americans are like, no, we don't want to hear any of this news because we can't handle anything. If it doesn't come out of the mouth the mouth the mouth the mouth the mouth the mouth the mouth the mouth the mouth the mouth the mouth news because we can't handle anything if it doesn't come out of the mouth of Rachel Maddow, you know we just can't handle it. I don't want to become a millionaire. I don't want to know what's going on around the world. I want to live in a bubble I want to be broke I want to be an opiate addict I want to be junk food junkie I don't want to be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive be alive to be alive to be alive to be alive the to be alive the to be alive the the to be alive to be alive the the the the the the to be alive the the the the the the the to be alive to be alive to be alive to be alive to be alive to be alive to be alive to be alive to be alive to be alive the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the they. the they. I I'll they. the they. Yeah man it is a wonderful time to be

alive and everybody's depressed and because they're not not realizing that there are ways out and I dude I've been people been tell me about Bitcoin forever I got a pull the trigger I get a little nervous that when the if the internet gets shut down how am I gonna get my Bitcoin? Well now because of a company called Blockstream, they're broadcasting it over satellites. Ah, all right, dude. How many do you think I should buy two or three bitcoins? The best way to do it is to just every day buy a few bucks. You know, you know that app called Square?

Yeah. It's by Jack Dorsey. He's a guy behind Twitter. Yeah. He has an app called the cash, the cash app. Yes. And you can just buy $5 with the Bitcoin and do it every day. Just build it up over a year. You know, every day, after a year time, you know, you put a few thousand

maybe, and then suddenly it's a $50,000 a coin. My my target for the coin price is a hundred thousand dollar. Okay I'm doing it. Eighty, four hundred. So I go hot real quick so our listeners can hear this and they will join us. We go on what app? Oh, it's the cash app. Okay cash app and we and we and there's something where you can buy Bitcoin on there? That yeah it looks like a green. the the the the the the that yeah it's it looks like a green the icon for the app is green with a little dollar sign on it I have it right here yeah okay so you download that app and and you can I think you just tie it to a credit card and you

loaded up with five bucks or ten bucks or fifty bucks and you can just buy you can just buy a you can just buy Bitcoin. They sold something like 50 million dollars with a Bitcoin last quarter some big number. It's becoming quite huge. It's very easy to do. You can sell it if you want to, if you want to. And um... How much you buy them about it? It's very popular. Oh, I can't find where to do it on it. Did you download the app? Yeah, I got the cash app right here. All right, did you download it?

I'm opening up my side here. I see mine, I open it up. And click on my icon. Okay, I got that. Oh, there you go. He looks so excited. I am. I'm going to start buying some Bitcoin dog. Look at this. Look at this. Hard in the face. See, that's what your show. You see your show is better than Joe Rogan show because Joe Rogan had that idiot Peter Schiff on and he had, he told him how to buy gold and gold's not going anywhere. Okay, your list is going to be buying Bitcoin. I'm buying five hundred dollars worth of Bitcoin right now.

It's getting bought. Do it. Do it. Here we go. Let's see if I bought it to complete confirm. Yes. Yes confirm confirm. Okay. My lead okay. We'll do this after. Um, but wait, have you just said gold isn't going anywhere? Well, not compared to Bitcoin. I mean, gold is, is probably, is gonna do well as the dollar collapses, but Bitcoin is gonna do 10 to 20 times better. Okay. How, uh, where do I go to get gold? Gold money.com? Gold money.com, look that up too.

We should hit them up. Yeah, gold money.com is the best place to buy gold. You know what else they have? They have a really cool jewelry section where they sell 24 carripe jewelry. And let's say if you buy a ring for 500 bucks it's made out of 24 carat gold and so it is the price of the gold would be exactly what the spot price is on the on the on the cash market in the on the exchange so if you

bought your ring for five hundred dollars and let's say gold goes from the current price of thirteen hundred dollars to fourteen hundred dollars you can go into the account and it'll say exactly what your ring is worth in today's gold price, and if you want, you can sell it back to the company. Really? At that price. Oh man, this is the best episode ever.

I'm looking at so much, I'm prepping. I'm going to I'm prepping. I'm gonna get ready for collapse. If you're concerned about, you know, the internet going down and cyber war, etc. And you want to buy gold to protect from a dollar collapse. Okay, that's fine. Can't argue with that. Go to gold money. You buy gold. You buy gold jewelry. You're all set. Go to the cash app, get some Bitcoin. Now you're cruising, buddy, you know, you're ready for the collapse, you're ready for the

Armageddon, you're working it. Dude, I just bought some Bitcoin! I'm so excited. I own Bitcoin, dude. How often are you going to check Bitcoin's price now? I'm just going to keep buying Bitcoin. Every time I got a check from there. I go the the the the the the the the the the the the their their their just just just just just just just just just just just just just just just just just just just just just just just just just just just just just just keep their their their their their tha. I th. I th. I th. on Spike TV every time I got a check from there I go this strip bar and get a lap dance no more lap dances every time I get checked boom we're buying

more and more Bitcoin dude I'm gonna load up on this thing I love just think about if you put that lap dance money into Bitcoin five years you have 150 million dollars oh my god don say that, dude. I would be so excited, dude. Um, so I want to get into this. We've, uh, you've talked a little bit about the Federal Reserve, man. Yeah. We've had this guy. We've heard Trump saying thing. Listen man, this is conspiracy show.

Uh, I call it spiritual skepticism of the unofficial reported news. What we, you know, we battle white hat, black hat, I don't like talk about those terms, good guy, bad guy, I mean he is in the office of war criminals. What do you, do you think there's any chance this guy tries to take on the Federal Reserve? Yeah, I think there's a chance, you know, because, but then again, his election, his re-election definitely is tied to the stock market and so the stock, and the stock market runs on cheap money from the Fed. So he would want cheap money from the Fed, certainly leading up to 2020.

After that, I think that if he, it could, he might be persuaded to look at the Fed as really the reason why you have so many economic problems in the U.S. because you can't have a system where the central bank prints money and just gives it to a few people and doesn't let us circulate in the overall economy. You know, that's what happened. That's why some, that's why you have that wealth and income gap is because the money is not circulating. And so that's a problem and the problem is at the Fed. So you need to either redesign the Fed or you need to eliminate the Fed or make the Fed do what they're supposed to do to do to do to do to do to do to do to do to do to do to do to do to do to do to do to do to do to do to do the the the the the the the the the the the their their to eliminate the Fed or make the Fed do what they're supposed to do, and that is raise interest rates sometimes to even out how the economy works. But they never do that. They're constantly cutting rates because they earn a

very, very difficult position. You know, as we mentioned before, these banks have these enormous balance sheets basically made up of hundreds of billions and of dollars worth of debt, and that debt has to be rolled over every single day and to th. and th. and th. and th. and th. and th. and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi. thi. thi. thi, thi. thi, thi, thi, thi, thi, thi.eeeee is thri.eei.ei.eiiiiiiiiiiiiiiiiiiiii. trillions of dollars worth of debt. And that debt has to be rolled over every single day, and they don't make enough money in their business to do that. So they have to keep borrowing this free money from the Fed. It's a Ponzi scheme. It's an enormous Ponzi scheme. The U.S. banking system and the global banking system is a Ponzi scheme. And if you cut off the money from the central banks, these banks would have to declare

insolvency within 24 hours. And then you'd have the worst financial crash in the history. So they're in a really tight spot. They can't cut the money off. But then again, the rest of the world is looking at this and saying, you know what, we don't want to take the risk of having the America blow up. So we're buying gold and the central banks have been buying more gold now than they have in 50 years and they're getting ready for a dollar collapse. So if Trump were to look at the big picture, you know, he would be more proactive and try to take care of this problem. That would be, I think, I would think, I would think, I would think he would be more in a position to look at it, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I would think, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would thi, I would thin, I would thin, I would thi, I would thi, I would thi, I would thin, I would thin, I would thin, I would thi, I would thi, I would thi, I would thi, I would thi, I would thi, I would thi, I would thi, I would thi, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would thin, I would throu, I would thin, I would thin, I would thin, I would thi. throo. thin, I would thi, I would thi, I would think he would be more in a position to look at it, let's say, than a Hillary Clinton or some traditional politician who I think is, or Barack Obama was really financially

illiterate. You know, Barack Obama, in a lot of ways, is responsible for the crisis, because when the, when there was that 2008 crash, instead of bailing out, which has always been the story throughout history, is that the debtors get bailed out. You have debt jubilees, people who are in debt, they get bailed out. Eric Obama orchestrated really for probably the first time ever where the creditors got bailed out. The banks who made the bad loans, they got bailed out, whereas everyone else got screwed. So that was a complete reverse of what economics and what history would tell you you should do, but that's what he did.

And he set up this horrible situation that we're in now. Now whether Trump learns from that, I mean, I think he's in a slightly better position because he's not a career politician, but the chances are still not very good. Would you, if you had a time machine go back in time and fight Woodrow Wilson like on that on that Christmas Eve where he was about to give us the Federal Reserve and the personal income tax and become the worst precedent when I saw that Woodrow Wilson so put out something that Nobel Peace Prizes a part of it is to whitewash the Cabal's

war crimes. And when I saw, because they asked me, go down the list and look at these people and you'll see some pretty shady shit. And one of them was Woodrow Wilson, who I consider as bad as the Bushes were and as bad as the Clintons were, the worst president in the history of this country. What he did by giving us the Federal Reserve and personal income tax went not in war? Usually personal income tax was during war times. Not now, now it's all the time.

And would you fight him? Is he the worst president? Well, he's certainly the Federal Reserve Bank was an abomination. And Benjamin Franklin, when asked about the Revolution, and the American Revolution, said one of the reasons why America decided to separate from England was to get away from the Bank of England, because the Bank of England was a central bank that was destroying the money. And that's why in the Constitution, it says explicitly that money can only be gold or silver. So, then this, we were able to keep that central bank out of the US for a while, but then in 1913,

the, the players that are in the global banking system in the Bank of England and others finally got into the US system.. th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, and th, th, th, thi thi, thi, thi, thi, thi, thi, was thi, was thi, was thi, and that's that's that's that's that's that's that's that's that's that's that's th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. And th. And th. And th. And th. And th. And thi, was thi, was thi, was thi, thi, was thi, thi, thi's thi's thi's thi's thi's thi's thi's thi's thi. And thi's thi's thi. And global banking system, in the Bank of England and others, finally got into the U.S. system and brought on the Federal Reserve Bank. And that was really the beginning of a lot of problems. And is the answer, would we be better off if that never happened? Of course, yeah, we would be a lot better off if that never happened. That that is a horrible kind of give back of power from the United States back to the empire of debt that's managed by the worst crooks in the world that the central banks. The bank, real quick, I want to get into two things.

Fractional reserve banking is set up to bribe everybody, buy them, buy their souls with funny monopoly money. And then once everyone's bought and sold, because you keep all the real wealth to yourself, the actual, they say of all the wealth in the world, 20% of it is actually tangible real wealth. The rest of it is this fractional reserve banking, which I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, th, th, th, th, th, th, th, th, is, is, is, is, is, is, is, is, th, th, th, is, to to to to to to to to to to to to to to to to bribe, to bribe, to bribe, to bribe, to bribe, to bribe, to brib, to brib, to brib, to brib, to brie, to brib, to brib, to, th, th, th, th, th, th, th, th, th, th, is th, is the bank, the, the bank, the, the, the, the bank, the, the bank, the bank, the bank, the, to bribe, to bribe, to bribe, to bribe, to bribe, th wealth in the world, 20% of it is actually tangible real wealth. The rest of it is this fractional reserve banking, which I believe was used to just completely buy off the system. Everybody's getting bribed with funny money. It's like playing, you know, a monopoly with your younger brother who doesn't understand the rules and you're just grabbing purple and blue and orange money and just

thrown it at him and he thinks he's rich and he doesn't realize you just bought him with fake cash. It was set up to be the system, right? Would you agree on that or am I just talking crazy or more crazy? Well, I mean, here's people make some assumptions about banks. People think that if you go into the bank and you borrow money, that money comes from reserves. Okay, if I put $100,000 in the bank and you come in and you borrow, you know, $100,000, that it's basically they are lending money that's on reserve. But that's false, that's not absolutely false. When you borrow money from a bank, let's say you borrow half a million dollars for

a mortgage, the way that that money comes into being is the bank pushes a button and $500,000 appears. They print it on the spot. There's no reserve at all. And banks have virtually no reserve at the bank. As a matter of fact, they have negative reserves. That's the problem. They're technically insolvent. All the major banks have negative net worts. They have less than zero money. So it's beyond fractional reserve. It's zero, it's negative reserve. There's absolutely, it's like, if you were to take all the assets of J.PPMorgan and you were to sell them at the market at the fair market price, you would be left with a pile of dog shit. That's it. They have nothing.

Absolutely. Neither does Goldman Sachs. Neither does Bank. Neither does Bank to Perry or H.S.B.C. or Lloyds. And every single day they trade with each other in the overnight their their their their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, the pile the pile the pile the pile the pile the pile their their their their th.pa, thi.pa, thi.pia, thia, thia, tha.piaugh, tha, tha, their their their pile tha.piaugh, their their their their their their their their thia, they have negative reserves. And every single day they trade with each other in the overnight market to make it look like there's something going on, but it's a hologram of money. They actually have nothing. But they get paid fees based on how many times they can trade the same thing over and over again. You know, the holiday you're out there in Los Angeles, the movie industry, the executives get paid by how big the budget is is the budget is the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, thi, the movie, the movie, the movie, the movie, the movie, the movie, the movie, the movie, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, is is, is, their, their, is, theymea, is.ea, theymea, iseckiiioluiolioliolomea, their, their, ise.oomorrow, their, their, is.eck is. their industry, the executives get paid by how big the budget is, not if the movie makes money, right?

So the banks get paid on how many of these fake loans they can make. Not if they make any money as a bank, they don't make any money as a bank. They're losing money every single second of every single day. But they pay themselves based on all that fraudulent loans. They get a cut. And then in 2008, it came to a halt. And literally you had people were saying justifiably that the world had come to an end.

The banking industry had come to a dead stop. And it took an emergency meeting from Tim Geithner and the people in the Federal Reserve and the banking industry to come together and they changed all the laws overnight. Goldman Sachs went from becoming an investment bank to a pure bank and suddenly without any oversight whatsoever or any congressional approval. They all just changed all the laws overnight. They gave themselves three quarters of a trillion dollars in a one paragraph memo with no conditions attached. And then that became 15 to 16 trillion dollars and then what did they do with that money they kept it they didn't lend it out they didn't create the economy the economy the economy has never been a more debt but

they bought on billionaires row in Manhattan they're paid 200 million dollars for an apartment Ken Griffith over there, Citadel Capital Hedge Fund. Guess you just joined the board of Citadel Capital. Ben Bernanke, the former head of the Central Bank. Oh my God, it's just scum after scum. These fucking lizard people. These goddamn lizard people. And they're just, their reptilian brains. And just nobody goes to jail. I got

people on the internet flipping out about the Clintons being hauled off on perp walks and they're not even carrying that nobody went to jail from the collapse which Goldman Sachs helped facilitate by making a real estate portfolio. They knew what's going to collapse and they took insurance out on it and they collapsed the economy. For insurance, let's follow up on that Goldman Sachs for a second. Not only did they know that it was going to collapse, but they packaged the fake bonds

and do a security, sold those to their clients and then sold their clients short knowing that their clients would go broke and profited on their clients going broke. How is that legal? Well, that's the thing. Anytime they get caught, they go to Washington and they lobby to have the laws changed. I'll give you another example. So Uber, they just became a public company, right? Right? Yeah. They just listed on the exchange. It was just an initial public offering. So it came

out during the offering that Uber was conducting what are called naked short sales, which up until 2015 was illegal, but now suddenly it's legal again. And what it means is that the bank, Morgan Stanley, in this case, they priced the deal on Uber, they priced it too high. So when it started trading publicly, the stock started to crash. So now what Morgan Stanley did was they started counterfeiting shares that didn't exist. They sold those shares in the market to drive the price down. And then they bought them back back back back back back back back back back back back back back back back back back back the the the the the the the the the the the the the the the their their their their their their their their th. thi thi thi was their their thi was the market to drive the price down and then they bought them back at the lower price at a profit. It's called covering a short sale, but they did so with stock that they counterfeited on the spot. So they were printing counterfeit

stock, selling it to manipulate the price, buying it back cheaper to book a profit and they went away with a back full of money. And meanwhile all the people invested on the the the the the the the the the the the the the the the the they. they. they. they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they bought they bought they bought they bought they bought the price they bought the price they bought the price the price the price they bought the price they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they they their their their their their their th. thi thi thi thi thi thi tho. the. tho thee a that. that. that. that. they bought they bought they bought they bought they bought their thi the price, buying it back cheaper to book a profit, and they went away with a back full of money. And meanwhile all the people invested on the IPO got hammered. So those it's just a complete crime, it's a complete racket. This just happened. Just happened two weeks ago. And nobody's saying anything? It's covered in the Wall Street Journal and the Financial Times, but you don't want to hear about her on MSNBC or CNN. So Uber just asked everybody and nobody's talking about it. Morgan Stanley, the bank basically did that. Right now I talked about it on my show, but I'm on RT.

So as I explained, RT is considered to be, you know, the mouthpiece of the devil and you can't listen to that, but if you had, you would have known this been going out for years. Oh my God, dude. So, I mean, like, what kind of we, what kind of financial fucking system can we have where people are openly looting their investors? That's exactly right. They're openly looting their investors. That's exactly right. They're openly looting their investors. That's exactly right. I mean like so so here's the here's like I'm a weirdo because I'm not part of any group. There's some things I'm socialist on and there's some things I'm libertarian on. And these people go nuts when I say this because the libertarians are like you can't be socialist. You're the libertary or not. There there th. There there there there there there there there there there there there there there there there there are not. Well there are not. Well there are not. There are there are there are there are there are there are there are there are th. There are th. There are thi. There are th. There are thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. th is th is th. th is th is th. th. th. th. th. th. th. th. th. th. th. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi's thi's thi's thi's thi's thi's thi's thi's thi's thi's thi's thi's thi's thi. thi. when I say this because the libertarians are like, you can't be socialist,

you're either libertarian or not. Well there are things I am socialist on and there are things I'm libertarian on. One thing that I'm libertarian on is a fee of entry, which they like to do. They like to burden our doctors with all this financial debt so they can't do work on their own. I'm against th. Thea th. I th. Tee th. Te th. That's th. That's th. That's th. That's th. That's the, the, thiiiii, thi, thi, thi, thi, thi, thi, thi, thiol-I's thi, thi, thiole, thi, thi, tho, tho, tho, tho, tho, thi, thi, their are their are their are their are are thi is thi is thi, thi, thi is thi, thi is thi, thi is thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi is thi is thi is thi is thi is the is the is thi is the is thi is thi is thi is thi is thi is thi is thi is thi is th on their own and they have to play ball. I'm against that, that fee of entry. But what drives me nuts about libertarians and I'm going to get pounded for saying this but after hearing this I believe it even more is like you can't have deregulation without a collapse of some sort and a collapse is coming every time you have a deregulation and Max you can correct me if I'm wrong. Like if you want to stop this you have to outlaw the bailout because what what libertarians tell me is you're against the bailout. Well you're just

deregulating. You're not having any laws that say we can't we're not going to bail you out. You have to do that first then if you want to deregulate because I think most deregulations should be what Jimmy Dore says should be called fucking protections. If they were called protections we'd have a different reaction to it but regulation they would like whenever you they bring up regulation they're always talking about like oh I want to put a fucking patio on my house I need a million different just a permits yes we agree on that that is wrong

there's too much of that and that is done on purpose okay because these fucking locals are fucking frauds and they're trying to jack us for cash but we keep seeing these bailouts when you do all this deregulation what is your take on that or what is your answer to a libertarian? You may be a libertarian. What is your thoughts on that? Well, the free market capitalism, it goes back to the enlightenment and the works of Adam Smith. Of course he wrote wealth of nations and in that book he describes the invisible hand and that the, uh, everyone is greedy, but everyone's greed ends up turning into a mutually mutually to to to to to to to be to be to be to be to be the the thei their their their their their their their their their their their their their their their their their their their their their their their. their their their their. their their their. their their their. their their their their their. their their their their their their their. their. their. their. their. their. their. their. their. their. their. their. their. their. their. their. their. their their their the. the. the. the. the. their their their their their their their their their their their their their their the's greed ends up turning into a mutually beneficial price. And that price is one that's relatively cheap and it fosters economic growth.

Okay, that is Adam Smith, that is free market capitalism. But he also wrote a book called the sentiment of moral sentiments, which he says explicitly that whenever you put a bunch of capitalists into a room they're going to collude. Yeah. And he said you need regulation because capitalists will always price fix and they'll always collude. So you need regulations. Regulations, you know, you know, it's like if Wall Street didn't have regulations, it's like Catholicism without hell. Right? You basically, yeah. Don't you need to have guardrails. You need to have stoplights. You need to have basically need to have baseball rules, right? And when the market crashed in 1929, there was the Securities Act of 33 and 34.

Now, I was a stockbroker on Wall Street for many years, from 1982 to 1990. And I know the Securities Act of 33 and 34 quite well. I had to know it very well as a licensed stockbroker. And those laws are put into place to take away all the abuses that were happening in the 20s that led to the crash. For example, you put in Glass-Steagall to separate commercial banks from investment banks. Well, what was done when Citigroup bought Travelers Insurance? They decided they wanted to have an enormous conglomerate run by Jamie Diamond, so they

simply overrun Glass-Steagal? And then they got rid of Glass-Steagl. under Clinton, they they they they they they they they they they they they they they they the commodity they they the commodity th the commodity th th th th th th th th th th th th th th th th th th th th th th th to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to separate to separate to separate to separate to separate to separate to separate to separate to separate to separate to separate to separate to separate to separate to to to to to to to to thrun Glass-Deagle and then they got rid of Glass-Degal. Yeah. Under Clinton, they got rid of the Commodity Futures Modernization Act, or they introduced the Commodity Futures Modernization Act, which transferred the classification of derivatives from gambling instruments, which they should be, to investment products. So now suddenly they were regulated or deregulated in a completely different way and suddenly the derivatives market became a multi-hundred billion trillion dollar market is the derivatives market. You know the

derivatives market is really actually it has a nominal value in the quadrillions. And you know and the global economy is worth maybe 60 trillion and yet you have these financial derivatives worth a quadrillion that are always that potentially can destroy the economy if something goes wrong, as that has more than once. So yeah, you need regulations. So as libertarianism, I agree with you that the libertarians believe that markets fix everything, which is false, and they don't understand the history of economics or capitalism.

We don't really have capitalism today. We have what I think is more closely associated with a kleptocracy. You have kleptocrats, their to-s sceaptocrats who are also looting. And then you have a middle class that pays for it all and they're disappearing then you have a lot of heroin addicts. Yeah I mean dude that's all I mean like dude I believe everything's done for I can I say a million times and I know people like oh he's going up but it's like the free I mean we have Woodrow Wilson's worse the two bushes tog team champions and then we have the Clintons and people don't realize like how devastating the Clintons were.

They were so happy to get the internet and not have to deal with Ronald Reagan anymore, that they were just Reaganomics, that they celebrate these Clintons, like they're wonderful people. Like, my sponsor in my 12-set program is gay and he loves Saying how homophobic Trump is and but he's a Clinton fan and like I want I want to go The defense of marriage act was a straight up outlaw of gay marriage, but they don't care about that Nobody cares about that. They just want pro wrestling bullshit and when you sit down and you talk about the deregulation of the banks by the Clintons, by Bill Clinton, and we all know his wife had her hands firmly shoved up his ass, like Jeff

fucking Dunham, okay? She had a just as much say into it. Like, what we're feeling right now in this country are direct results of policies passed by the Clinton administration, in my opinion. Deregulation of banks, the super predator crime bills, and the flooding of drugs is just a continuation of the Iran contra affair. And you know, we just had Obama kind of get busted for protecting Hezbollah for selling drugs in the United States. Like, how do the drugs get in?

Well, it's the people whose job it is to protect us from the drugs. They let it and that's the CIA. And they're pulled all the jobs out of the markets with free trade, sent them elsewhere where they pay a dollar for a day's work and now they're flooding the markets. We saw with the ghettos, the hoods with crack and now they're doing it in farmer towns and small towns and they're flooding it with heroin and we're seeing that now it's the poor and middle class whites that are being affected and it wasn't right when it's now. But it's all done systematically. Well to get to cover the Clinton's so, if. If, if, if, if, if, if, if, if, if, if, if, if, if, if, if, if, the, the, the, the, the, the, they, they, they're, they're, they're, they're they're they're they're they, they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they, they, they, they, they, they, they, they, they, they, they're, their, their, their, their, their, their, their, their, their, their, their their they.e, they.e, they.e, they.e, they.e, they.e, they.e, they.e, their their their their their their their it was the black community, and it's not right when it's now. But it's all done systematically.

Right. Well, to get to cover the Clinton, so if you remember, Hillary Clinton was after some health care reform in their first term. And the course it's scared the health care lobby tremendously. And they got Wall Street to crash the bond market. It's just scare the Clinton's into submission. And remember Bill Clinton said when he dies and comes back, he wants to come back as the bond market because the bond market has all the power.

That's after he got beat up by Wall Street that crashed the market to get Hillary to stop talking about health care. Now if you go further back, Hillary Clinton, of course, you can look this up as kind of an interesting story. When he was still governor in Arkansas, she had something like a thousand dollars, turned into a hundred thousand dollars in trading commodities. And the way she did that was using an old Wall Street trick called a look-back trade. And you know, I can explain how you can artificially make profits quite easily on Wall Street using this technique. And she rapidly got, you know, $100,000 in the bank and that launched our political campaign was through manipulation of the agricultural markets at that time. That's how she started

her career was manipulating futures markets. That's how Hillary Clinton began her political career. And she got beat up by Wall Street. Robert Rubin, of course, is the arch, you know, enemy of free markets. And they got Clinton's to coutow and deregulate. That's how we got re-elected. They said, we'll support you to get elected at a second term, but you have to deregulate. You have to reclassify all these derivatives now in a new way. And yes, I agree with you.

They are more of the single most potent forces in giving Wall Street unfettered, unlimited power. And now whenever they want to do, they can always threaten to crash the economy. They did so in 2008, when the Congress has balked and said we weren't going to give you the money, they crashed the stock market the next day, then Congress gave them the money. So you have the ability to crash the market at any time if they want to get whatever they want.

They are holding the economy hostage, and they are making billions of dollars and they buy mdig on billionaires row for 230 million, etc, etc. Because they are gangsters, they're racketeers, they're not libertarians, they're not capitalists, it's a mafia racket. Okay, so what I, what, that, thank you. I mean, it's unbelievable what we've done. I believe that we are in a place right now, Max, where we are, we have taxation without representation. We are at that point where we are paying our taxes, which we have to or else they throw us in the jail

and fucking physically and psychologically beat the fuck out of us in jail so that no one else does it again. And they are using our tax dollars to fund wars for international bankers. You know, I put out something that about how this abortion bill by Alabama, which is hilarious that we're letting a state that is bottom five in economics, their economy's bottom five, and in education determine what women can do with their economies, bottom five, and in education, determine what women can do with their bodies. These are people who can't even, they're not even succeeding in life.

Why are you telling me who we should be able to bring in this world when you're failing miserably at it? You should not be telling us what to do, okay? But we have all this like smokescreen stuff not to not to know that we are going might be going into our eighth or ninth war, nobody wants more war, bailouts, we don't get the vote on that, we don't get the vote on any of this stuff and everybody keeps talking about socialism and oh Greece you got bail out Greece what are we doing with China? I mean we are taking money from China and

China is actively plotting to overthrow us in terms of world domination. We are fucked. What's going to happen? China was somebody high up in the China government was just tweeting, mocking Boeing as having planes that are faulty with faulty parts and just making fun of potentially tragic circumstances where people are going to die on those Boeing planes. They're making fun of it. They're joking. They're joking. They're joking.

They're making two billion people. I mean, they don't give a shit. They could look. The innovation cycle is in China is that is taken this past the United States. So here's one of the interesting facts that happens economically is that when America, when China joined the World Trade Organization, under Clinton by the way, and we exported millions and millions of jobs to China. And the way we got away with that was saying, well, you know, they're going to do all

the basic factory jobs, but it's all going to be designed in America. And we're going to keep the high-end products. We're going to get the big share of the money. You know, Apple phones are designed in California, but historically that whoever does the actual building who's on the factory floor building stuff, they're the ones that eventually become leaders in innovation. So now here we are 20 years later and China now is leading the world in innovation as well as the production. And the US has lost its edge. It's no longer cutting-edge technology in the US. It's now in China because that's one of the downsides of giving all of your manufacturing capacity to China. So we had this great period where our

incomes were going down because our jobs are going to China, but the products that we were importing from China were a lot cheaper than they would have been otherwise, so we had the illusion that our quality of life was not going down because even thooo the cost of a flat screen TV was even cheaper. The cost of food from Vietnam was even cheaper. I go to Walmart, it's 90% Chinese made. I'm making a lot less than I was five years ago, but it's a lot cheaper. So I don't really feel like my quality of life is going down until suddenly what we have

now, the dollar no longer is a world reserve currency, suddenly gas is eight or nine dollars a gallon, suddenly food is double, suddenly close or triple, and then you're like, what happened? Well, you know, it took 20 years, but you took your economy and you gave it away, that's what happened. Well, you know what? Mexico, their president just said if Trump keeps up with this 5% tariff that he's gonna send all the product to China. He's not dealing with Trump he's like why the fuck you putting a 5% tax triff because people are crossing the border that's your fault we go back to the cartel why is there yeah because

the CIA runs the drug trade and they want to fuck it they don't want to legalize it in Mexico because then they can't have the corner on the market. So I am somebody who's like not necessarily anti-tariff. I think people hate terrorists because it sounds like terrorism and taxes had a baby. But because I think at some point the market gets max. Now this kid's an idiot because he said he would spend a billion dollars on sneakers. But a little older, right? It's like if the sneakers go over a certain price, I'm like, I'm not buying your sneakers. And they eventually hurts them.

But am I wrong on that? They eat it on their end? Or is it going to be us that eats the whole thing? What happens is Trump when he came into office? the the the their their thiiiiiiiiiii, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi. is, thi. is, th is, is, is, is, is, is th is th is th is th is th is th is th is th is thi. is thi. is thi. is the thi. Is thi. It gets gets gets gets thi. It gets thi. It's is thi. It's thi. It's, is the thi. It's, is the the the thi. It's, is like, is like, is like, is like, is like, is clearly that he's anti-globalization. And he used those terms, he said, I'm really anti-globalization. So what does that mean? That means that up until Trump, for the previous 40 or 50 years, we were in a period of globalization. The US dollar was world reserve currency, and banks around the world had to buy dollars to participate in the global economy, the dollar supply kept going up, and the idea was that there was this big economic

pie around the world, and there were no losers. It was everyone was a winner, because the pie just kept getting bigger and bigger and bigger, and that was called monetarism, and that was called the post-war era of globalization. So Trump comes into office and says, you know what our deals are horrible, we're going to start de-globalization. So what this means is you're no longer in an era of monotourism and it's no longer the idea that the pie keeps on getting bigger. Now it's about winners and losers. Now it's about what used to be called mercantilism where each country now is in it for the the the their. their. their used to be called mercantilism, where each country now is in it for themselves.

Each country is competing with every other country to for economic supremacy. And so there's a lot of tension, a lot of tariffs, and it's extraordinarily tense right now, because China is saying to America, we're now doing business outside of the dollar, we're in bed with Germany, we're in bed with Russia. Russia obviously is saying, you know, we'd love to do deals with America because that's how we'd grow our economy. But you guys keep painting us with this brush that makes us out to be bad guys. So we're just going to forget about you guys. We're going to just do China and China and so now the world is splitting apart. So then it becomes a moment of, let's say it's a global poker game, and

okay, now China's going to call. They're like, okay, America, I see your trillion dollar tariff, and I raise you two trillion, and I call you. So now everyone's got to show their hand. So what hand is America holding exactly? They won't have the World Reserve Currency. Their energy is overstated because it's all fracking and And fracking only lasts five years. Whereas in Saudi Arabia, the wells last 50 years, 60 years and it costs $2 a gallon. Fracking gas in America costs $60, $70 of the equivalent of barrel. It only lasts for five years. We have no energy. We have no manufacturing. We have no education. Infant mortality is up and the life expectancy is down. So we come to the global poker game in the year 2020. We say we're holding a pair of twos.

What are you got, China? And China says, well, we got three aces. We're fucked, man. And it's all because a bunch of fucking people at the top got greedy and they're Benedict Arnold and they sold us out to some international bankers who are probably trying to play China, but I think that's going to blow up in their face. So the, what, the economy crashes, what happens? What's going to happen after? You have a lot of dislocations. I mean, if you're asking how to protect yourself, you know, we covered it before. The way to protect yourself would be with gold and Bitcoin because anything, we're going to go back to hard money.

You have to have hard money, like gold, silver, or Bitcoin. And you're going to have a, just, it's hard to go back to hard money. You have to have hard money like gold, silver, or Bitcoin. And you're going to have a just, it's hard to predict because it's like an avalanche, you know, it's hard to predict. That one snowflake hits the, hits the mountain top and then you have an avalanche, and it's really hard to predict. It's systemic chaos because the system is so leveraged. There so much debt. Nobody knew that it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would it would. It would. It would. It's it would. It's it would. It's to be. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's th. It's to be to be to be to thi. It's to thi. It's to thi. It's thi. It's thi. It's thi. It's th. It's th. It's th. is so leverage, there's so much debt. You know, nobody knew that it would be Lehman Brothers going under. Remember when Lehman Brothers went bankrupt, at first it was just the idea that, well, this one bank on Wall Street, it's quite bad that it went bankrupt, but it's going to be contained. But within three months, six months, it became a global financial crisis because of the contagion effect. So that contagion effect is, it is, it is, it is, it, it is, it would, it is, it would, it would, it would, it would, it would, it would, it would, it would, it would, it, it, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would would would would would, it would would would would, it would would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, it would, contained. But within three months, six months, it became a global financial crisis because of the contagion effect.

So that contagion effect is there. We just don't know exactly what the spark is. It's going to set the avalanche and this whole thing, House of Cards blow up. And since it will be virtually impossible to bail out the banks this time, I think, you know, you, you, you, you, you, you, you, you you, you you, you you you you you you you you you thi, you thi, you thi, you thi, you thi, you thi, you thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, tho, tho, tho, tho, tho, tho, tho, tho, tho, tho, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thin. thin. thin. thin, to to tooooooooooooooooooooooooooooooooooooooooooooooo, and get the,. I think you know you just got to understand that there you got to you know I don't want to be an alarmist and and gets alarm away dude let's wake motherfuckers up and get them prepared. Well it's the economy is extremely fragile in that it it relies entirely on this. Let me let me throw something else out there to kind of like,

give you an idea of how messed up this all is. In economics for hundreds of years, you know, since the Bank of England was 1694, you had the enlightenment, you had 1776, you had Adam Smith wrote the wealth of nations. And, you know, in the entire history of economics, you've never ever had a concept of a concept of a, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, like, the, the, the, the, the, the, the, the, the, to, to, to, to, to, to, to, to, to, to, to, to, to, to the, the, the, the, the, the, Adam Smith wrote the wealth of nations. And you know, in the entire history of economics, you've never ever had a concept of a negative interest bond until 10 years ago. So a negative interest bond is that countries are selling their bonds with a negative interest. You're guaranteed to lose money. They pay, not only do they not pay anything. They guaranteed to lose money. They pay, not only do they not pay anything, they guarantee to lose money. There's now in the world 11 trillion dollars of negative

interest bonds. And that number is growing every day. The only reason they exist is to scoop money from the real economy to keep these insolvent banks alive. The Ponzi scheme has gone scheme has become a weaponized. It's like Bernie Madoff with an atomic weapon. That's what our negative interest rate is. Let me just say, and it's growing like a plague in the U.S. economy. Pretty soon, you go to your bank account there in Los Angeles, and they'll say, thanks for banking with us. By the way, starting today, every single month,

we're gonna take 20 bucks out of your account because we need to pay our bond credit, our creditors and we don't have any money. If I have money in the bank, right, can they stop me from pulling it out? Yeah, because once you put money in the bank, it's no longer your money. It's the bank's money. Oh no, dude. I am freaking out right now! By law, it's not your money anymore. Once you put it that money in the bank, by law, it's the bank owns that money. So you have federal FDIC insurance, but it's only good for,

I think the current coverage is maybe $250,000, but so they can take anything above that right away, of course, that would be gone in a heartbeat. And then the remaining cash would be also quite difficult to get your hands on if the banks in freefall as it will be. Okay. Okay. All right. I am, well, I think we learned a lot today. And I think that, I think if you're listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening listening you listening listening you listening you're listening you're listening you're listening listening listening you're listening listening listening listening listening the listening the their thi l l thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi tha thi thi thi thi thi thi thi thi thi thi thi today and I think that, I think if you're listening,

you should really start looking to get into Bitcoin and get into gold. I'll put the apps in the description. One more time, what is the gold app that we could use? Gold money. Gold money. We're going to look into that and get it going. Max, can you tell them where they can find you and where you want them to look into? Don't look for me. You can't find me. I'm invisible. This is my hologram. I don't exist.

I'm from the future. And this is a transmission from a parallel dimension. I'm actually not here. Well, I love you to death Max Max. I know we just, this is the first time we talk, but man, I would love to know when you're in LA next time, I'd love to have you in studio and we could talk about a million other things. And if you're in town and you want to go to the world famous comedy store, please don't hesitate to email me. I'd love to put you on the guest list and get thus and get thus and get to get thus and get to get think about. Okay. You go to YouTube and search Max Kaiser plus plus Jerry Seinfeld. All right, that would be the homework. You will see a clip of me in 1977 on stage at the comic strip in New York City being introduced by Jerry Seinfeld before I do my act.

I love that, I love that. I love that. I didn't know your comic well. Please come out and hang out and we'll, maybe we'll get you back on stage dude. You never know, man. You never know, we do some tinfall hats. I'd love to have you on that man. Conspiracy podcast comedy night. Did we do a little comedy and then we talk conspiracies. I might have to feel the the yucks are coming. Yes, thi. the y' the y' the yu- the yu, the yu, the yu, the yu, th. Yes, th. Yes, th. th. th. th. th. th. th. th. thi, thi, thi, thi, thi, thi, thi, t-s, thi, thi, thi, the y's, the y's, the y's, thi, th- thi, thi, thi, thi, th. th. th. th. t, t, t, tha, tha, t, t, tha, t, t, t. t. t-s, t-s, t-s, t-s, t-s, t-s, t-s, t-s, t-s, t-s, t-s. t-s. t-s. t-s. tipee. tipe. tipe. tipe. tipe. t for coming on. We'll definitely do this again. It was an honor and a privilege and we will talk to everybody soon. Guys, book of the month is, uh, confessions of an economic hit man. You, it's not available at bookstars. You got to buy it on the internet and have it sent to you.

Where I'm reading it right now and we're going to discuss it at the end of month. I will talk to you guys soon and take care. XG. Hey, do you got any gigs? Nope, just wherever you got me out. So same shit. We're going to do it soon. Take care, everybody. Take care.