i am married kaiser this is the kaiser report yeah we're still on the road doing a gonzo american pilgrimage leading up to the big midterm elections america is having a nervous breakdown and we want to capture every nuance and particularity of it in stacy in a previous show i mentioned that we passed a dead horse on the highway i think was leading him to use somebody we went back to see what happened to the horse horse was gone except for this one horse shoe so this is the only thing left of that dead horse we found on the highway being. i think horseshoes are supposed to be lucky enough for that horse so for thirteen one episode thirteen no one actually we saw the dead horse we did see a dead horse right outside of flagstaff where we are sitting right now flagstaff is of course old cowboy country and we're here and it's having a great time on our gonzo journey but i want to know a few things that we saw all along the way in particularly in san francisco where

we know about this homelessness crisis and it's a horrific one but the un has just declared this like inhumane and cruel. the most progressive city in america and yet it's extremely cruel towards a large percentage of its population they in fact the u.n. said that. san francisco cuts these people off from their water and other services basic human services you know it reminds me of a comment we made a while ago we're talking about the bailouts of two thousand and eight being like the reparations that were forced onto germany at the treaty of versailles what i mean by that is that after the huge loss of wall the war one of the treaty of versailles imposed these dry kone and reparations on germany which bankrupted the country and led to the horrors of world war two in two thousand and eight the bankers were given sixteen seventeen trillion dollars or so on. reparations after

they held the economy hostage and it created this huge schism in the economy this huge wealth and income gap now here we are in twenty eighteen and you have conditions that are like pre world war one or pre world war two europe where one class of society is about to go completely under the bridge and into the river styx to a fiery end because they've been ignored they've been scapegoated they've been vilified and they've been castigated to the flames of hell due to nail liberalism in america expressed in san francisco there are literally flushing an entire population down the toilet in san francisco because they think that their technology makes them god . certainly and we've seen that with the rise of so-called far right wing leaders whether it's here in america or india certainly in brazil we've seen. both so narrow when and he's definitely very far right but i want to look at

another headline about this wealth and income gap and i'm in particular the bailed out class the privileged class that got the bailouts and this is a remarkable report from u.b.s. u.b.s. b.w.c. billionaires report twenty eighteen total billionaire wealth grows nineteen percent to a record u.s. dollars eight point nine trillion billionaires wealth enjoyed its greatest ever increasing twenty seven thousand rising nineteen percent to eight point nine trillion dollars shared among two thousand one hundred fifty individuals despite healthy growth in the americas and europe chinese billionaires expanded their wealth at nearly double the pace growing by thirty nine percent to one point one two trillion dollars right well with the help of the central bankers they were able to take the global economy and if you imagine the global economy like a giant pool table lots of balls on the pool table and people are playing pool and competing in the trying to make money some winners and losers but starting a couple of decades ago but really pronounced in two thousand and eight the central banks in the elite took out

a big saw and they cut the legs off one end of the pool table so that it was tilted down and all the balls flowed into their pockets and they said oh jesus we stole the games let me just you says and we can castigate a whole population into eternal hell and make them die in the street and deficit on each other she got smacked all day because when she says because you took bill just because you're going to bankers and of course they will rise up and probably turn into zombies and eat their children as their children are being eaten the rich will say well you know with them i never like that kid anyway. u.b.s. of course doesn't seem quite alarmed by this they think that this is a sign of. basically brilliance on the part of these billionaires and in fact but they however do mention for the first time i've ever seen they mentioned block seen as a cause for the rise of some of these billionaires globally self-made billionaire is drive innovation they've driven eighty percent of the forty main breakthrough innovations over the past forty years in twenty seventeen

a total of one hundred ninety nine entrepreneurs became self-made billionaires including innovators in the fields of block chain peer to peer lending gin no mix and green energy oh that's true i mean block chain and bitcoin is a ray of hope there are billionaires being created but on the back of a technology that is egalitarian in nature and bitcoin is hard money it's the hardest money ever created and it will disenfranchise the central banks so there is a path toward a hopeful future but i mean that's quite interesting how disruptive that list of. of billionaire a self-made billionaire is that they're pointing out here is is really disrupting the old billionaires because they mention big coin i block chain peer to peer lending and green energy of course green energy is you know the antithesis of all that is in america this is all about big oil and and coal and that's what trump is pushing but apparently green energy billionaires are being made i think that's

mostly in china where the government is also coordinating with these corporations to devise policy well that's the difference between us a c. and b. c. and kaiser report when we recommend a big coin and twenty eleventh one dollar we started the past of five hundred thousand or more toward millionaire billionaire status and they're now changing the world for the better c. and b. c. what have warren buffett on this show on their network and all he does is equity buyouts and mergers and gets free money from the fed and doesn't really create anything so that's the difference between our show and c a b c is that we're helping change the world for the better a c. and b. c. just helping just sold say the. and to put so in terms of how people how these new billionaire class member their wealth increased by nineteen percent in the past year or so where they're making it in europe and the us a lot of it is being inherited up to forty percent i think that's mostly in europe but in china the chinese cohort is ninety seven percent self-made many of them in

sectors such as technology and retail eighty nine chinese entrepreneurs became billionaires and twenty seven thousand roughly three times more than in the u.s. and europe well the catch of it all for the script of billionaires a new billionaires is any money that they put into fear will get obliterated because read into a fear inflationary apocalypse and a bomb collapse so those crypto billionaires they need to store their wealth in crypto in bitcoin or they're going to lose it all as the guy who told you to buy it at a dollar need to keep don't put it in fear only keep money in fear that you're willing to lose one of the things that we've been covering is kind of a lot of the headlines that you see on the macroeconomic front and the sort of craziness this you know the rise of right wing the rise of the far left the rise of far right all of this sort of. sort of you know cultural civil wars going on and all this there is a sort of anxiety in the air. i reckon if we were alive back and pre-war the war

won there would have been a similar feeling because of the decline of the great power which was the united kingdom at that time and i think that the fact that we're kind of a declining power i think that disturbs you know the basically the hive that we all are as humans like where we're similar to any group of care of animals out in the serengeti you know we had we sense that you know power is about to shift so here's another article here's another point about these billionaires that suggests that. china is where you should really look for what is going to be the big conflicts coming up billionaires from asia and especially in china city of shenzhen are now challenging the u.s. is traditional dominance in technology entrepreneurial and twenty seventeen they equaled america's level of venture capital funding for startups registered four

times as many artificial intelligence related patents and three times as many blocked chain and crypto related patents as their us counterparts the shift in to china as new world power and the collapse of the us empire will be underwritten by the emergence of artificial intelligence that's being financed and funded in china and china will figure out a way to manipulate america using ai artificial intelligence and all these means that are said to be manipulating the election comes in the us their origin will be mostly coming from china as china really moves in leading up to twenty twenty attempts soft coup using means in formation warfare and that's going to be the battle in two thousand and twenty it's going to be chinese memes versus trump u.b.s. itself points out that part of the reason why china is creating so many more billionaires

there. europe or the us is essentially that the european the us already have their oligarchs and the oligarchs never allow new entrepreneurial ism to enter china is kind of new to the global economy and they're rising rapidly sure you have to kind of be connected to the chinese communist party but they're huge whole new industries to create and the fact that they don't have that legacy banking system that they can come up with things like you know all these alley alley pay and all that we chat and things like that that our legacy system here in the united states that doesn't allow obviously if you have to interact with the banking system here it's already so much backward compared to europe i can't even imagine how much more advanced it is in china right the financial innovation sector will leapfrog ahead of the legacy systems they have here in the u.s. and china will be certainly ahead in that game as is many countries in africa are finding the same type of thing and the key for chinese dominance going

forward but only is a technology and venture capital but they've been buying gold by hundreds and hundreds of tons is russia so they understand that only keep money and feel that you're willing to lose the chinese government's message to the people is only keep money and fear that you're willing to lose chinese people thought to the chinese government tells their people and the chinese elite are buying gold by the ton hundreds of tons hundreds and hundreds of tons because they know that the money inflationary spiral is upon us and then fight to turn to this headline in old europe you know it really has been suffering kind of a debt crisis that it is worried that they're going to go bankrupt and what's going to happen because of course the germans don't want to bail out another economy well a buddhist bank economist has a radical plan to have italy's debt italy's populace government doesn't need to ask for money from european partners to have its debt it could tap the large private wealth of its citizens bank economist carson when dorf suggested that every

european fund that buys italian government. bonds and that is ultimately backed by european taxpayers a national fund should be created this one would buy italian government bonds and such a fund would be financed by quote national solidarity bonds that italian households will be obliged to purchase for example to the tune of twenty percent of their net wealth at such a rate almost half of a talian government debt could be converted into solidarity bonds right this is wealth confiscation this is the same as a bail in where the government simply takes money out of people's checking account as we saw in cyprus it's different than a bailout where the government just towards the banks of the creditors trillions of dollars to then destroy the underlying economy in ways that make them super alter admit billionaire wealth and everyone else on the stream san francisco shooting up smack and eating their own feces but i suggest that they just monetize meatballs in italy they have a fantastic wealth there you can buy meatball collateralized obligation bones on

written by goldman sachs you can print all the meat balls you possibly could need to finance your ongoing debt situation don't steal money from the italian people ok i think that was tried in the forty's already and it didn't end well right the guy with the brown shirt in the funny and all that stuff don't do that again learn from history don't repeat history well before we go i mean this kind of reminds me of obamacare and that it's like a forced payment that you have to make but it's just painted in a sort of positive cheerful way it's like this is a solidarity bond it's not a tax it's your you know basically showing your solidarity with the nation the italian nation and he goes on to say that talian voters would be directly involved in solving an italian problem depending on their financial capacity he wrote this would strengthen confidence in a sound fiscal policy for the future ultimately a national problem will be solved by national solidarity. yeah they'll still your

horse but give you our show thanks italian government and we're going to take a break but much more coming away don't go away. while give easy vasan this us. and. for union one flag. crash through a south. designer live community thief. at the new. place known. by

people in the zimmer. solicited system and he. has a small fortune in that into your. fortune be outnumbered a lot about this more than an exorcist financially. you know world of big partisan movies lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for

the truth the time is now for watching closely watching the hawks. welcome back to the very part i'm ask eiser time to corey scurry welcome to the concert thank you max thank you for having me a fantastic so we want to talk to you because you are somebody who is trying to organize something that seems resistant of being organized a bit like herding cats you're trying to create a master crypto pod casting network and how's that going so far because this is something us desperately needed in this space there's so much noise very little signal as we say talk to us a little bit about that sure i run a company called private key publishing and i work with bitcoin encrypted currency thought leaders and influencers to transform the content that the early producing

primarily on you tube or maybe some original audio stuff into a fully packaged marketed monetized audio podcast pushed out on to i tunes and over twenty other platforms so this would be equivalent to a label like i have much artists and you become the label supporting. that's correct that's the closest analogy to our business model the great thing about it is we can step in and we can help all of these content producers in the big crypto space who aren't really perhaps familiar with best practices or things like lighting sound quality video quality they just know how to hit start and stop on the you tube record button so basically we've been able to come in and help guide them on best practices and kind of develop them a little further in what they're already doing plus if you look to the future of media you're going to see that podcasting is following a very similar trajectory to bitcoin and we anticipate in the next two to three

years that both the rise of podcasting and the rise of big one will kind of concur and will be the perfect place to take advantage of both. i use a term there info. and this is kind of an it's our match with us popped up the last two years the influencer what is an influencer. well you'll get a different definition from various people however to me an influencer is an expert in their field who was then projecting correct and accurate information out to the space one of the biggest problems in the crypto media space thanks in part to youtube is that anybody with a camera and enough knowledge to be dangerous can start to make videos and therefore influence people in their decisions or to purchase or to not purchase into crypto. the problem is that many people are being steered the wrong direction and when you're working with influencers an influencer is somebody who is an expert who can definitely provide proper information for people make rational decisions

right you know it's great to see the media space develop because kaiser party now we probably were the first covering crept up back in two thousand and eleven and for a few years i think we had really the markets ourselves and then now we have folks that are coming in starting in twenty four the user activated software if we talked to the vortex about that and there was a real need for good information told by knowledgeable people and then the user activated software crisis kind of passed into history and. it ended well but as you point out there are so many fragmentations in this space so many quote influencer so many people doing podcasts it seems like the space is kind of i guess not to be cruel but littered with just hundreds and hundreds of voices out there so. how can one know the difference between somebody that has a legitimate idea what's going on it doesn't or isn't impossible to know no it's

not impossible to know because everyone has a history and especially the guys we're working with right now in media they've been around a long time trying to get their voice out there you can do your homework on guys like you've been around a long time tone vase. been around a long time. wall street a wall street professional jimmy some core developer you have safe working with us on the big point standard podcast who just wrote the big point standard these are clear experts that everyone can go out and do their own research on and come to the same conclusions that we have right so as you point out the podcasting business and they seem to be going down the same path of rapid adoption i remember one pot casting first came out out of curry our friend out of curry has been on our show a couple of times and noticed the pot father kind of broke ground there. is it the where's your biggest market for this who do you market really listening to cripple pod casts. well. that's a hard question to answer but i'll do my best so i can tell you this much people

who are watching crypto youtube are not the same people who are listening to crypto podcasts those are typically unique because nobody is doubling up on the same content so what we're starting to see is that we are grabbing people who are interested in maybe stocks or or markets in general and we're pulling them from the traditional financial markets into the crypto space and that's kind of been our goal all along the you tube is kind of like this little niche community and comic be an echo chamber so we're trying to break out of that and if you look at the numbers podcasting has a much further reach across the board than you tube does so we feel that moving forward into this medium is just the next logical and rational step. uncensored uncensored economics uncensored speech in many ways and you know it by casting of course you have to risk majors coming in i remember during the dot com era you had a lot of independent media outlets like market watch and i started off as an independent that it was bought out by

a major wall street kind of media conglomerate and there be a point in time when these independent voices kind of get smothered by the mainstream media we've already seen it. with broadcast like c m b c covering crypto they seem to approach it like wall street one nine hundred eighty five they don't really understand that they're really understand that point but they have a huge platform and a huge legacy platform but they tend to spread a lot of misinformation is not a huge problem in this space when the majors like c n b c bloomberg wall street journal they try to cover pick going they have their hatchet men for the corrupt economist the me and krugman how how about the effect are you going to be effective in battling that that wall of flood as it's called fear uncertainty and doubt yes i have no doubts and one of the things i will comment is and you touched on it is that these guys don't understand big point in crypto and what's happening the reality is the big point is the technology it is the secondary financial instrument

after it is technology it falls technological curves with option and it will leave people trying to stick it into a financial mold kind of bewildered as to why it's not working so until these guys figure this out and they can do so by listening to one of fifteen podcasts that we're currently managing at private publishing but eventually truth like the light of day will always be seen by all oh let me dig into the little bit you know you mentioned the dichotomy between finance and and economics and how big point straddles both worlds to bit like the if is physics experiment schrodinger's cat you know being in two places at the same time or not being anywhere at any time uncertainty principle as it's known and yet you know the people that you would understand pick quite as a technology in the adoption rates are appearing to be those of a new technology at the same time they're trying to come to grips with the fact that we transition from big going to peer to peer cache and at a payment rail it's

a big point as a settlement system and goal two point zero which is an economic consideration so that the people that can talk in both camps that have an understanding of you mentioned tom base he was on. wall street got a tip that i was on wall street we got into gold and then we got into but it's very few people actually can be articulate and other and elusive in both finance and technology so i mean how many people in the world are actually able to talk about this not a whole lot and fortunately i have found myself in a position to where i'm able to interact with the vast majority of the guys who can speak in both camps and so together we're working to build what we consider to be soon to be the largest crypto media company on the planet's breaking through all the barriers that things like you tube c n.b.c. and even your show could do i believe the pod casting will take these guys voice to the mainstream and it's the only path that there is for these guys now you're

creating a bit of a monster here and that you're creating stars you know we know from the entertainment industry that the star system kicks in and suddenly their cost of talent goes out and they get pulled away by more well capitalized entertainment companies what if suddenly there's krypto show on a.b.c. thursday nights jon benet's along with a couple of other folks and they're being paid like rachel maddow thirty million dollars a year how do you protect yourself against this kind of migration of stars off the platform sure the natural method of maintaining and retaining talent is to transition with them and we already have plans for development of internal p.r. and external management for the script guys so basically as these guys grow we're going to grow with them and assume responsibility is on the backend to ensure that they're not taken advantage of to ensure that their proper information isn't being

censored or edited when it's put out we're going to stand by these guys to make sure that the message gets through because it is that is what it's all about for us is the mess. it's promoting big point and making sure that understanding a big point ok it's really a hybrid model you have the platform or the label plus you want to also get into a talent management agency side of the business to help their pool of talent navigate those waters the same as they've become increasingly more popular in the mainstream press i know that for example but. is is a real media darling he is traveling all over the world and speaking with heads of state and would you put him in the camp of somebody who's a good representative for the industry unfortunately no halleck i think. it's been said for a long time that the road to hell was paved with good intentions and i think that but taluk started off on

a path to create something amazing but i think as people have a couple years to kind of look back and analyze what he's done what the final outcome of it the theory and platform has turned into you'll see that really he created a system of printing money that really is kind of worthless and we're not going to see much development or any kind of scaling or actual product usage out of the centralized applications because no one's using them because no one needs to go out i feel like the spirit of jimmy song right here at this very moment anyway thanks for coming on the concert for thank you max already and that's going to do it for this edition of the kaiser report with me max and stacey everett i think my guest corey he is joining us on twitter it's guys report intellect i'm.

sure. to pursue as i live the good stuff and then. we have many things in this files animals this is well for everyone and why some people's wants to take our thing all the power just for themselves and to the.

in terms of blasphemy i mean blasphemy has never actually been used nobody has been prosecuted but you are right it was only renewed ten years ago by a previous government and it really shows how out of step the political establishment has been there's been a huge movement of women and young people and dave been pushing the political establishment you know relentlessly on the issue of the abortion rights because ten women a day leave the country and five others are taking pills online illegally and. join me every thursday on the excitement and i'll be speaking to us in the world of politics or business i'm sure i'll see you there.

i know. what i got from not want everybody with a look at what the. little due to the. lines here on the trump administration announces it is reimposing told us sanctions against iran which were lifted out of the twenty fifty nuclear deal. the us national security advisor brown's cuba. and venezuela. here in the program we look at catchy phrases used by washington to sing.