this report. what. max i'm going to go into a very good reason for having bitcoin and cryptocurrency in this first headline because there's an interesting concept called stealing productivity now you know in resource rich nations the rulers often don't have any need for the consent of the people because they have all the free resources the printing money isn't it in

the western financial eyes the world with all these financial products whether the derivatives or basically the fact that bankers and the elite get the fresh cash first they get the free resource of cash and then they dispense it so with that financial system we have this concept of stealing productivity and it came out in this article in the atlantic the win win fallacy entrepreneurs say they're trying to help others while also helping themselves but that claim may be hope masquerading as description so they talk about this guy named justin rosenstein who made hundreds of millions of dollars working with google and facebook. invented the like thing on facebook so from that he made tens of millions of dollars and he also made money from google but now he's trying to help the world and how he's trying to help the world but is also by helping himself which is he created some productivity and hansing collaborative tools and this paragraph really struck me as. the

problem with our fear and derivatives based system just an rosenstein desire to improve people's lives by making everyone a little more productive was noble but one of the central economic challenges now facing his country is the remarkable stagnation in wages for half of americans despite the remarkable growth and productivity increasingly extractive financial sector is in part responsible that sector could be arranged in other ways including tighter regulations on trading higher taxes on finance or a stronger labor protections to protect workers from layoffs and pension rating by private equity owners and incentives favoring job creating investment over. your speculation such measures could help to solve the underlying problem by preventing the capture of gains from growing productivity absent such measures and initiatives like rosen's teens would bring the change it promised it would serve to further increase an abundant thing likely to be hoarded by elites of productivity and set of a scarce thing that millions need more of and that's what we as well sounds like israel

inventing slavery what they're saying they're suggesting and i believe is that the financial sector and we can see that we've covered that chart since one thousand nine hundred seventy one when we went off the gold standard you do see that productivity has considered continued to increase rapidly in america that means that american worker is producing more and more g.d.p. per day per week per month per year and yet their wages continue to go flat or down the economy does continue to grow and mass because since we went off the gold standard bankers and the financial sector especially are able to capture that productivity through financial derivatives through financialization of the economy whether it's through the financial education system a financial health care system they're able to capture any gain they measure to a penny how much productivity has increased how much more g.d.p.

is and they just steal it they don't need to give it to the worker i repeat israel let us labor what i mean is slavery is highly productive you're getting a lot of g.d.p. growth for not a lot of money you're getting g.d.p. growth per hour per day per hour and there's nothing more productive than slave labor except for maybe prison labor so all of these innovations like the like button is a way to turn what would ordinarily be productive workers creating wealth for themselves into slave labor creating wealth for mark zuckerberg so this is all about male slavery and this is all about the robots. you are taking all the productivity and passing it on through labor arbitrage to the pockets of the tech elite and they do it channeling sort of the financial system which isn't totally the hands of the same one thousand bankers and technologists who make all the lost since ninety seventy one when we went off the gold standard we'd have ability to

financial eyes the economy and then you had reagan come in and eighty's early eighty's and then you could have the deregulation which allowed even a greater explosion of financialization and then you had bill clinton who introduced got rid of glass steagall and introduced the commodities modernization futures act which really allowed for hyper financialization of the economy most importantly that and you see as soon as that was introduced you see it like the explosion in the fundamental basics of life like health care like food not so much food ok health care education all those things you need to get ahead so i think that has also kept people from the wages being ever lower because people need even a little bit of money to pay off the interest on their credit cards and their auto loans and their student loans in particular and pay for their obama care and things like that as they say that money coupons are in exchange for labor and then those coupons have to be spent on the government own government subsidize collect the

class really own health care system so again using slavery as a model they had the company store right so you got your dollar a month in slave wages but you had to spend at the company store we have company stores now for sure more and more star system well the health care system the telecom system your mobile phone your anything you need health care you have one hospital in the area you only have a few options you have three or four options i don't think you're using all the money that they feel like printing at any given day but the purchasing power of the money will tonsil a collapse. if you don't have the ability to print your own money you're going to be a slave but i want to point out that you and i have already pointed out in kai's report in particular i did on a previous episode of like in the past year or two that this is kind of like galt's gulch you know that. the atlas shrugged that this moment where the workers as they are in the atlantic which is more mainstream you know corporate

media is they're also seeing that the financial sector is capturing all your productivity growth so why work harder why produce more when a banker is just going to take it so what they give up right is the same sort of notion that atlas shrugged said would happen in socialism but that's because we have we do have a form of socialism which is socialism for the very very top one point zero point one percent and i think as well on this in terms of the productivity gains i think this is why the people naturally came up with crypto currencies which are immutable and uncensored ball and you can't you can't copy you can't you know create counterfeit bitcoin so i think this is a way for them to take back their productivity take back their wealth because if you engage in that system it's clear as even the atlantic is pointing out that they're just going to steal any of your hard work well you mention iran's atlas

shrugged as a seminal days i would also put the book of the road to serfdom which is a key on against socialism should be applied to financialization sure because that's another road to serfdom that we're all experiencing if the economy is entirely controlled by the financial sector in the financial sector can print money to award themselves and not circulate money amongst the general population in the slave colony the penal colony called united states of america then they will benefit wildly as they do yes i also might say i believe it was. marx who also predicted financialization would do this but. was writing about the tyranny that would be caused by socialism so i want to turn to the charity of financialization and i want to turn to this next headline if and you tell me just listen to what this patent that was awarded to amazon you tell me if this happens

like some dystopian nightmare to radical nightmare amazon has patent a system that would put workers in a cage on top of a robot a patent amazon has received what pair humans and machines in this case the humans would be in a cage the patent was called an extraordinary illustration of worker elly nation a stark moment in the relationship between humans and machines by researchers who highlighted it in a study published last week amazon says it has never implemented the technology you know well give up or nationality we don't want to give up our culture we don't follow you or heritage and so on and so forth. ministries police forces and city administrations of many countries depend on one corporation that doesn't like was one of them from want to write. this down is going to gun down. on into this it's not like them proprietary software you don't

know the source code isn't that such a security risk when you have a black box operating probably got to microsoft dependency puts governments under cyber threat not only that. you still need. to. move. your vision start and importance to you on the front of his cards on the front. if they were just on. my side as it. were.

and. so there was a build up. in the him a mission without him but then i. looked. it up you know you don't want to know my god and i don't want to know about. science is it really going to want to our mr need to. go in on the. art of a shuffle stemming with us on the way there and we'll get a little warmth and you know what. so what are the ages thought on this idol of the.

welcome back to the kaiser a forum as guys are trying to turn to allah k'naan e.a. of these to toshi censor in botswana she's here for the d.c. speaking black block james summit she'll be speaking at crypt springs of palm springs california in early october konami welcome back thank you even on the kaiser report a couple of times you focus you in botswana and now the suppose you center's been a big success and drift on because it is such a huge success that you are now part of this growing global movement of crypto and big calling and so you got involved back in twenty fourteen so tell us about your how you first got involved when i started the. delusional movement and what's on excited over something that was they need to continue because my head is on west of it a sick and aged ten to twelve so i was looking for ways to with one line in which i

can make money to help my son so that i can he can get the height and lung transplant so i've got a cross between through that twit and and i went on one foot on business that never would have paid me anyway but i lost my son will go at the end of the day so i create that one thing in the between thing so i just stop then twenty twelve and then they turn anything to say to something was led by you may have all this between thing that i have lent so i was like ok let me go big and study this thing now that's who understand what this between thing is what about so by one big. thing i would be going and that's when i decided to form a community of people so that they can come into them about between sold drink if they tend to be fourteen i had a community to about twenty people that twenty minute ups and i was doing more of that you know and then later on twenty fourteen in. just at a used i decide to center is this and how i would be teaching young children and

know this and it would develop us to try and find solutions for africa use and approach in technology now i was at the a black bloc change summit as well and you know one of the themes i picked up at the at the summit at the conference was that in africa it's a country where they have incredible resources it's the richest country in the world it's ours resources in confidence expanding and then it's also of course suffers from wide scale poverty because a lot of those resources have been extracted yes taken away and but was it my right to say that africans look at bitcoin they see it as a way to maybe take a different path away from the the colonialization that they fed to deal with the the imperial ambitions racked the continent is that a fair statement i think for many say a between two of them is a which we knew about it themself like from financial profession between also to

give access to financial access to almost everyone you know you able to continue on money how you use it and how you know how you spend it and how you get it nobody controls what you do that's much so i think for many african countries they look at the technology behind it to indian and broke chain as something that can help them create solutions that would benefit the people on the ground and that is why you find people talking about creating and we can see that would be big. by sources that are found within the different countries in the continent so i think that's the whole idea i mean like i'm going to control some but to do want to know help you you know to have google so since they you know country and so this is socially center that you started up and what tell us a little bit about that right now. i wanted too. so i can take

a kid from sixty or to fail to educate them on one coding to teach them how to code and have young develop us like the graduates from universities one would break one of the programs that we're having is the issue of unemployment student going to get from universities and they don't have what plays with it and went away so my vision was additional as to be able to take this guy who are doing aqua buddha studies also for engineering trivia plays way we can go to the end of what broke chain different group chains like. nextel i would eat a little stella a few months back like right now i money to have some guy so for us i want to have a communal view as also and the santa so and the moments what is opinion would develop us only this side of the kid i was unable to do it was a local resources but i would give it up i think for now what about seventy little buswell working on different solutions for africa for what sign up for that's going to awake for four africa so that's what we're doing it's

a percent how we are up and running we have based in one hundred seventy in how good any soul you know now it wearing the shirts to toe she is black sinclair skinner was on the show and we were talking about this what does that phrase to toshi is black mean to you been blake. is to spit it to somebody is within you i mean if you are able to associate with you by rights in the people of any mind the last group you have like so been blacks either has a blank means anybody who is able to associate or too late to the person always mind their lies with the person who needs to be in power and such if you play so i'm such a she right it seems like it's more in the keeping of the spirit of the creation of big like as a lot of times in the community there's so much infighting now with these different coins and different communities they seem to have lost that spirit side of it that the reason why it came into existence to begin with let's move on to just talk about botswana here for a second so sense in depends. in one nine hundred sixty six botswana has one of the

fastest growth rates in per capita income in the world transforming suffer more of the poorest countries in the world to upper middle income country with the standard of living around that of mexico. it's a fantastic story. because i've been a part of that or is it going to be a part of it or oh house tell us a little bit about all of that was happening in one because of its way i think because it would a lot of those we had good governments one of the things that is happening which one is that we have good piece and little piece you know sometimes pieces as unaids with that if that will occur to me so i think because of the political meteo for my country and that's why you know able to control that is also sometimes that we have and i think in the future that's when when i have a lot of the between economy. you know been been part of the economy it's on so i know we like the government if they're listening as to what exactly is the government you know a dialogue with the government going along with that because i think we have seen

a lot over a little bit of a progress compared to in the past and i'm going to press who do i have had before the government seeing our big deal with capital cuttings who they should go with from from runaway from cryptocurrency to know that say's you know you should be careful you know if you say you should be honest and don't do it yes they might do it but be careful and also they say any business that is doing should go through the china that delayed the you station process if you are going to transfer money that we find an exchange you can go and reduce that with that would that would that include has to say i'm running and between business i think u.s. seen a lot of positive things like i right now on the eighteenth of september there's going to be a training it was an innovation hubs and you know one of the program that i know one of the things that i saw in the programs that they're going to be talking about broaching so for me i see positivity i see something positive that's going to come out of that you know you know you mentioned. about botswana and the economy and the

growth there that if you mention the word peace yeah it's a peaceful country and you know trade and trade amongst people tent promotes peace yeah and when you have hard money like gold or big client you have fair trade any m.p.'s yeah when you have money unbacked money that's pretty by the government with no accountability. so what we've got to do is identify the threats that we have it's crazy. let it be

an arms race. spearing dramatic development the only relief. i don't see how that strategy will be successful very critical. to sit down and talk. to. the world anti-doping agency votes to reinstate russia's own anti-drug supporting the decision signals a fresh start for russian athletics after three years in the cold. the us takes a sanction swipe at china for buying russian military hardware. confirmed league members circulating in the british press reveals plans within the prime minister's party to i was told and who's in the running to fill the shoes. video from wiki leaks julian assange made just before his internet was cut off by the ecuadorian embassy.