doing it and all they can do is give it to billionaire bankers who can't even if spend the money they already have so it just sits there it hoards it doesn't move it doesn't circulate we had zombie companies in a zombie economy it's worse than gold now that that chart goes back many years and we've been talking about it for many years and the reason why economists like paul krugman or others the modern economist roubini roubini they don't like gold because they believe in this idea fractional reserve banking where banks hold only a fraction of their reserves on their books and they lend that out and then the banks receiving that hold a fraction on their books and they lend that out and they create a velocity of money so that the economy can grow faster and more robustly than if you had gold because gold if it was a 100 percent gold backed economy it would be in virtually impossible to generate

g.d.p. growth more than one half a percent and 3 quarters of one percent so they want 2 percent they want 3 percent and the only way to do that is by using fear of money and fractional reserve banking so the central bank pumps in the sea out money to keep that fractional reserve momentum going and then as we've been saying now for 10 years it's not working the money velocity the measure of that money circulating in this fractional reserve system is collapsing precipitous lee toward 0 for a year or because the system is profoundly broken it's worse than gold because as you point out the printed money goes directly into the economy into the pockets. of the kleptocrats so you see asset prices like art shell a madison avenue apartments some stocks go up but the money

available for wages for housing for health care for education evaporates there is none so it's clear as day this chart is the most lucid clears of well picture of why the system is not working and it's goon to get even worse because a-k. banks you know you have to billionaires they're there they should be like a utility that you shouldn't have any billionaire c.e.o. is there nevertheless you do you have jamie diamond and you have the retired lloyd blankfein both became billionaires since the financial crisis then you have the hedge fund guys they pay themselves $1015000000000.00 a year those are multimillion billionaires so their money is circulating even lower and here at the fed remember we've been wondering what happens to the repo markets who's in crisis you know is it a big bank is that an economy is that a hedge fund well it looks like it could be a hedge fund because federal reserve officials are considering lending cast

directly to hedge funds through clearing houses to ease stress and the repo market but could be a tough sell for policymakers of course and won't be a tough sell for the voting population because the voting population unless they're tuning in to kaiser for won't even know this sort of thing is happening and what the implications are for ben bernanke the former chairman of the fed works at citadel one of the biggest hedge funds the head of which just bought a children $50000000.00 apartment on billionaires row in new york city so they lobby washington this revolving door between the fed and the hedge funds to institute a policy of the fed. turn ting money and putting it right into the pockets of the hedge funds hedge funds are parasites they add nothing to the economy they don't and liquidity that's false they are not making markets in any sense of the word they are not building anything they're hiring nobody they are parasites and the fed is giving all the cash they print directly to the parasites and the velocity by. as

plain as anyone with eyes can see has been collapsing and the architects of this are the crooks the kleptocrats the human slime balls like ben bernanke one of the things they say about picasso how you could prove that he was a genius is that no matter what he put his hand to in art he created like masterpieces like when he started working in ceramics later in his life he created masterpieces because he couldn't he was a genius artist and he couldn't not create genius and the same thing i think applies to the our corrupt global system whereby they look out for each other and in which the one percent the point 01 percent keep getting wealthier and wealthier and wealthier we saw that in that chart here the federal reserve member in 2008 central banks around the world there's a crisis we need to save the world we need to do god's work as lloyd blankfein said they all became fabulously wealthy out of it everybody else suffered we have the

mortality rate increasing rapidly because of suicide an opioid overdose you see the distress in the rest of the economy so i'm going to show you another evidence of how it systemic how they can't these parasites can't stop stealing everything from us every time we turn to them to fix the system that they themselves destroyed and caused they just can't stop doing what they do which is parasite and steal it all from us because remember the financial crisis struck in 2008 everybody's been looking at the 10 year. anniversary of that now we're at the 10 year anniversary of the haiti earthquake remember that big earthquake 10 years ago we pledged to help haiti rebuild then what happened hundreds of millions billions in fact were pledged by nations around the world over $8000000000.40 of it came from the united states so presumably the people of haiti are doing very well now we've done good things

because we are such good people and we want to take care of them just like the central banks just like ben bernanke you saved the financial system for the good of all of us the disaster which was estimated to have killed 220000 haitians and displaced 2300000 about a quarter they population of the 1600000 committed to humanitarian relief this company found that it all bypassed haitian institutions and more than a 3rd of it went directly to the u.s. military in fact it was close to 40 percent 655000000 of the $1650000000.00 of the $1140000000.00 for recovery from the united states more than a 5th was ever marked for the partial cancellation of debt to multilateral organizations such as the inter american development bank and the world bank i went to the world bank essentially another 10000000 went to the over head of the u.s. agency for international development us aid agency that channeled much of the recovery money then of the other billions most of it went to u.s.

corporations so none of it went less the one percent about one percent went to the actual people of haiti and haitian institutions to repair the disaster but we often feel good about sending money to help them and i like the idea intergenerational debt. so suddenly when the aid money showed up this idea was like oh not only you you owe us money but your daddy owes us buddy a daddy's daddy as well but debt is debt it debt it that it owes us but you know i.m.f. is they're like oh suddenly they've got to pull up the family tree and they're like oh you know you owe us debt so many years 1642. they're $1732.00 right and that's a promise fractional reserve banking that's run on the balance sheet that's completely opaque and nobody really has any access to it so they can claim that there is money in places that no one has ever heard of before and suddenly cash shows up as part of the crisis so the crisis generates catch but then the cash goes down oh it's pay off these imaginary deaths and no has ever seen or heard about

before via the i.m.f. one of the most talked about situations ever to walk the state face of the earth some of it just like a small portion went to the i.m.f. and world bank those sort of people they most of it went to the u.s. military and the coast guard and mckinsey sorts and virginia contractors military contractors because what did we do we sent in the u.s. military and that actually inhibited a lot of the aid even being delivered like food aid that was sent by europeans europeans actually sent like food and actual practical stuff like medicine some fonts here but they weren't allowed to enter because the u.s. had to secure the area make sure there was no dangerous people there because in fact i'll show you that the military part the u.s. coast guard which received $50000000.00 for his role in the disaster response deployed 16 cutter super troll haitian and international waters to ensure as lieutenant commander chris o'neil a coast guard spokesperson told the washington times that no one tried to enter the united states illegally by sea so here they are in a disaster and the like don't try to come to america we're here to stop that

meanwhile the department of defense flew one of its cargo planes over haiti 5 days after the quake broadcasting allowed prerecorded announcement in creole if you think you'll reach the u.s. and all the doors will be open to you that's not at all the case they will intercept you right on the water and send you back home where you came from so this is the message for people where 220000 people had been killed millions made homeless their homes everything a disaster and were flying over them telling them using the money from international aid to tell them to stay there and don't. i had to escape all the add insult to injury they let shawn tell him. to run operations if you recall so he was the point guy for the soul. it was actually mostly hillary clinton and the clinton foundation and all the stuff. sean penn went on and on his own like he one of my friends actually flew him in on his private plane to china to go help people and

basically he wasn't allowed to leave the us military base because of that's the way they are saying the same thing for rick now never a shortage of disasters american military won't reap the benefit from also what happened is the clinton foundation prior to the earthquake wanted this thing called the character park this is the clintons have been long fighting for industrial parks where by sweat you know slave labor essentially had the sweatshop labor of a garment factory so they use the developed money not to build homes for people who are made homeless who are still living in tents but they basically kicked out 455 families who were farmers this is the most fertile land in all of haiti they use that the money from the international aid use the us military kicked all these people out and forced them to work for $5.00 a day at this factory by the way the un itself says it cost $15.00 a day to live in haiti to pay for your food utilities and housing but they pay

these people $5.00 a day to work in this factory so the point i'm saying is like here we have massive amounts 8000000000 delivered to haiti that never went there we have 14 to 16 trillion created by the fed to save their financial system none of it went there instead we have hardship at the bottom money basically that should have been given to them that was pledged to them remember we pledged to save the housing market the property market people would supposedly stay in their homes but they never stayed in the homes they got kicked out tim geitner. i made money ben bernanke you mean money everybody made money all the people that are sent to rescue us they actually plunder from us so the fact is over and over again the guys that were supposed to rescue us actually allow us to drown and you see that in the velocity of money chart it's not velocity hating. the saving that's why no money is circulating in haiti enough everybody who need it well is it stolen and it's put in

a bank account so that is what happened in america happens all over the world haiti is just a case study of a bigger global picture that's why we have plan b. which is big and people are actually eating their own economy and financial system outside the crux why participate in this kleptocratic systems right out of state a break when we come back much more coming your way. but we've also discovered that there are genes in our bodies that protect us from aging we call these longevity genes and there's a set of genes that we work on in my lab at harvard called the search to ns and for those to work effectively to slow aging and prevent us from getting diseases they need a molecule called an 80. 2

with the kid saying compensate oh boy did i. know that they can. go into. the which i didn't get showed up to move this because of i'm listening to. show. them we must. thank. you both. thank. you. thank you. chief.

welcome back to the kaiser report imax keyser time i have to get to chris martin said of pig prosperity dot com chris martin said welcome back thanks max good to be back with you we've been reading their stuff over there at the pig prosperity dot com and it's a piece called surf's up you warn the 4th turning is here it sounds a bit spooky explain to the audience what the 4th turning is and what it means for them well the 4th turning is a part of a model put together by a couple of guys strauss know how great book if you haven't read it everybody should and in there they describe that there are generational sort of attributes that you can map back through history and there's 4 of them and each generation has its own distinct attributes and each generation is about 20 years long so you have

an 80 year for turning cycle and the 4th turning is marked by it's a little bit of a social disintegration often they're marked by war or sometimes world wars but i think that the finding out tribute to joseph for me is a loss of bait and trust in your institutions that would be your public your private colleges universities government you name it so that's where we are i think we're seeing it in yellow vests in france and hong kong protests what's happening in chile all over the world people are a little restive and that's what i'm calling the 4th turning it seems to be a normal course of thing as you know you have these big syke all z. and institution of the senate grave and new as the titians come along it's aimed as though this particular 4th turning is is going to be a special because it also coincides with what appears to be an extinction event far kind well that's the possibility and of course i'm sitting up here it's freakishly

warm up here in massachusetts we had a 70 degree day just the other day i was talking with some old time vermonters you don't been there for 80 years some really old characters. never seen a month season start in january and that's what we just had so they're going to have at least 2 months season this year it's it's weird it's odd it's all of that we see australia burning so there's a lot of abends that say wow we're getting a lot of this weather weirdness however you want to you know describe the cost of that but that's happening we're missing all the insects so just on the ecological side you know lots of warning pressures that would say to a sentience species slow down there big guy need to take a take a breath and see what you're doing but all we have from our politicians and the central bankers is can they make growth happen faster can they make wealth accumulated faster can they jam stock markets higher that's their one trick pony show in it that's not making you nervous probably haven't connected those dots yet you know our space is they have less space is we've made a conscious decision to swap stock price appreciation for viable

species i mean that's pretty clear to me i think anyone who denies that is full of themselves i mean we're going to all die rich where it looks like where what i and i think about greg sambar generation i thought could be the last generation really that it that they have even any semblance of a sound like ecology i think after her generation you won't really have much left at all you already have life expectancy in america is down for the 3rd year in a row suicide is a huge cause of death in america now 2nd biggest cause of death and as you write about on your website there are a lot of us just an existential axe faithful are sensing in their bones as you put it that the extinction of humans is pretty much around the corner and they are depressed about it chris you know max all go further there's

a term i think we need to use year which is called demoralized depression that's a treatable condition sometimes it's situational you know one diet or it's chemical and we can. can stabilize and 3 with a brief intervention but demoralization is what happens when you're confident of map breaks down it doesn't map into reality any more so think about a young person they're being told you gotta go to school you've got to get good grades you've got to you know go out and get a job you're going to get a house and all of that but if in the back of their mind they're thinking wait a minute this could all be for naught because we're actually destroying everything that means that the job and role and life they're supposed to lead their lives into and their map of the future don't even line up even slightly that's the moralization that's an existential crisis it's untreatable it's totally resistant to chemicals or talking about it all of that and j. krishnamurti to. the wise sage said it's no measure of health to be well adjusted to a profoundly sick society i'm seeing young people opting out of that story and saying

they don't want to participate you know we've got a market watches millennia old aren't you know they're killing this they're not doing that because they don't understand how they're not napping in this consumer culture and a lot of them aren't and i get it and i want to use that term carefully demoralization it needs to be recognised and called out and and you know what that might be the people who are most of our allies might actually be the smartest most intelligent people are actually paying attention interesting elaine and enough they know the market. if you don't generate signals or price signals and these price acknowledge the fact that upon generally hugh toward sustainability and longevity and rejects. but we have a market now which is immune to market signals market signals have been stripped out of the equation when i look at the repo market the repurchase market that's interbank lending essentially and in this case in america you've got q.e.

for quantitative easing for to the tune of hundreds of billions of dollars of months the now that's going against the market signal instead of recognizing that hey there's too much free money in the system this is causing mal investment and money being poured into extinction companies that bet excel and human extinction like monsanto and energy companies and other and intellectual property companies these companies are actively working to cause human extinction money wouldn't be going into those companies. but the banks the central bank is really warning the extinction event what this are a problem mark and chris what are you saying there a fall market when the fed intervenes in the repo market it's bailing some clients out so as a wolf rector of st report points out you know how it's they're bailing out the whiny crybabies on wall street so it's listen somebody got in trouble somebody once

was in danger of going belly up the fed is desperately afraid now that if anything starts to unravel the whole house of cards comes down because one of they've given us well they've given us false prices they've given us really high stock and bond prices they've given us everything except organic growth and they don't have a model for that they don't understand why they're not getting the growth back course they could go over and read the work by people like steve keen and others who say it's the debt stupid or they could come over to my site learn about resources member stand that even if we had ideal conditions debt wise you're not there's not infinite resources so the whole notion of infinite growth rever is not just brain dead but as you're saying it's actually suicidal it's self-defeating it's something that if we don't figure out how to stabilize this whole thing this human experiment on this earth will just blow past some sort of a limit it will be too late once we recognize we've gone past it and then we'll experience real pain possibly up to the point of the extinction to be you know

maybe not hyperbolic about that's that's what's weighing on the minds of young people it's we have the whole cronies and capitalists and so to speak but they're actually kleptocrats on wall street in washington d.c. you know in the federal reserve all conspiring together to make sure that magic funny money flows to them and not to anybody else and that's not that's not a really inspiring sort of a system to rally behind and i think that's again what the young people are responding to you know the fat bank beyond just floating the system with counterfeit money money. and then the repo market scam that's now by any other name you have to call quantitative easing for they're contemplating or have started to put money directly into the pocket of hedge funds so hedge funds are the profit and the kind of the apex predator or in the system there without morals without scruples without sovereign allegiance they are parasites.

and that's like a giant tape warm that's eating the economy from within so the central bank in its wisdom decides not to put money to work building housing for the deaf it caters in san francisco not to put money to work educating the folks in america who have a 3rd grade education when they leave high school. or less they decide to give it to the tapeworms on wall street so and there's no end though all the laws that prevented that from being the case of been stripped away thanks to eric holder the attorney general under a barack obama who continued and all the previous administrations in the current administration to do away with all the rule of law rules of law as they apply to these predators and tapeworms and the obvious outcome is an educated mortality

is shrinking in america infant mortality is rising education standards crashing all by design right so. it is a cosmic joke 2 i mean when i and i look at all this i just think god is somewhere watching cable t.v. . and the planet earth is the 24 hour channel and he's a laughing and laughing is because he can't believe how stupid these people are chris i mean it's for god it's funny but for a lot of us here on earth we have to live with this horrid excuse for civilization chris well next i would. highly advise everybody and i'm sure your listeners already dared to now the media as much as possible they're there to distract you know you see people getting all upset about whatever the latest political little wriggle is meanwhile how many demonstrations you've seen against the fact that health care premiums went up while in my case 22 percent this year how many demonstrations were against monsanto in their life destroying ways not all the

things they're up to 0 right things that really matter there is no attention put on it media never tells those were supposed to be upset about it so it never happens and meanwhile people are really spending a lot of time being upset about stuff that's meaningless because you know you just mentioned what it is eric holder under obama you are not well pretty much the same stuff we're seeing under trump and i will predict whoever wins the next election will see the continuation of it no penalties for wall street no accountability for the people who are really causing the mayhem in this country no accountability for the parasites and i just continue ation while we argue over stuff that really margins doesn't really impact anything that's what i see going on so i buy more yeah reeducate yourself people you know that's what we need to do here and more on what's really going on because in that article you started with sir i believe that this next 10 years is going to be the most disruptive in our nation's history possibly ok well a lot to carry this over to another segment things are heating up and thanks for

being on this segment of the show chris martenson my pleasure thank you all right that's going to do it for this sufficient of the kaiser at par with me max kaiser and stacy i would like to thank our guest chris lawrence a pic prosperity dot com if you like get a touch on twitter it's guys are up our intellects. this is a story about what happens auster a stray bullet kills a young girl in the street. who happens to have. my daughter's in florida mother my other daughter is very reminiscent of cherry it really messes with your head what happens to the community the public was screaming for a scapegoat the police need is a scapegoat so why not choose a 19 year old black kid with a criminal record who better to pin this on than him and what happens in court.

shocked shocked as far as we feel. we don't know children just for the. end of this trial unfortunately you. still not know what children. should be. because. as. we. see. who that. woman always was. don't move to move the.

little. ole industry of john in that these images of the city from the watch musical blood coming from the. when. is it. here michel. jim in ash yes most of the the world is driven by shaped by some person of those

great. military thinks. we dare to ask. you.

dozens of wild need to take in the trees our interests him for holocaust commemoration and what will be israel's in law just a but diplomatic event the gathering columns just ahead of the 75th anniversary of the red army liberating auschwitz the infamous nazi death camp we spoke to a horrible survivor. i me i love will never forget to me every morning i look at my hands and see well one of the members me how much she is every day the time.