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 fab 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 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 coon 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 member we've been wondering what happened to the repo markets who's in crisis you know is it a big bank is it an economy is that a hedge fund well it looks like it could be a hedge fund because federal reserve officials are considering lending cash 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. printing 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 and opioid overdose you see the distress in the rest of the economy so i'm going to show you another evidence of how it's 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 he 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 bloody a daddy's daddy as well but it debt is debt it debt it debt it was us about it 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 to 0 as pay off these imaginary debts and no has ever seen or heard about before via the i.m.f. one of the most striking as 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 pre recorded 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 try 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 puerto rico 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 has 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 their homes they got kicked out tim geitner. 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 are allowing 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 not 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 point and people are actually eating their own economy and financial system outside the crux why participate in this kleptocratic system right now let's

take a break when we come back much more coming your way. and we're going to fulfill the repeated promises probably to the people come on you know we've all boxed the truth really. really really really well. now you want to work. no.

law. coming coming coming but we've also discovered that there are genes in our bodies that protect us from a. we call these longevity genes and there's a set of genes that we work at harvard called the search and for those to work effectively to slow aging and prevent us from getting diseases they need a molecule called an 18. plus lead. keep the slimed you order from you do. you so he's. going to want. to see in the. most good moment you know.

you're. not going to change that. you don't want to. room 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 wars sometimes world wars but i think the defining our tribute to josiah 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 of an institution of the senate grade and u.s. officials come along the same as though this particular 4th earning is is going to be a special because it also coincides with what appears to be an extinction event. in a 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 that's happening we're missing all the insects so just on the ecological side you know lots of warning pressures that would say 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 if it's not making you nervous probably haven't connected those dots yet you know our space is they haven't spaces we've made a conscious decision to swap stock price appreciation for viable spaces i mean that's pretty clear to me i think anyone who denies that is flowing themselves i mean we're going to all die rich where it looks like where when 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 here which is called demoralized depression that's a treatable condition sometimes it 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 let's get all the for not 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 because they don't understand how they're not napping into 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 to lay out enough and now the market. if you don't generate signals or price signals and price signals if acted upon generally. you toward sustainability and

longevity and reject suicide but we have a market now which is a man to market segments 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 4 to the tune of hundreds of billions of dollars of months though that's going against the market signal instead of recognizing that hey there's too much free money in the system disk is causing mal investment and money being poured into extinction companies that that excel as human extinction like monsanto and energy companies and other and intellectual property companies they these companies are actively working to cost human extinction money wouldn't be going into those companies but the banks the central bank is really warning the

extinction event what this report mark and chris what do you see in the repo market when the fed intervenes in the repo market it's bailing some clients out so. richter of report. no it's the bailing out the whiny crybabies on wall street listen somebody's got trouble somebody was 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 as one of the 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 they don't have a model for that they don't understand why they're not get growth back course they could over in read the work by people like steve kean and others who say it's the debt stupid or they could come over to my slate more of a. resources member stand that even if we had ideal conditions debt wise you're not there's not infinite resources of the whole notion of infinite growth for ever is

not just braindead 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 the surface will just blow past some sort of a limit it will be too late once we recognize we've gone past it and then will experience real. 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 are all home cronies and capitalists 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 with young people responding to you know the facts such as bank beyond just floating the system with counterfeit

money cheap money and then the repo market scam that's down by any other name you have to cause quantitative easing for they're contemplating or have started to put money directly into the pocket of hedge funds so hedge funds are they are a profit and they kind of the apex predator or in the system there without morals without scruples without sovereign allegiance they are parasites aside and that's like a giant tape warm that's aiding 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 they folks are in america who have a 3rd grade education when they leave high school. or last. 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 have been shipped away thanks to eric holder car sue the attorney general under a barack obama who continued in dol the previous administrations in the current ministration 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 i mean that when i and i look at all this i just think god is somewhere watching cable t.v. a while 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 press 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 riddle is meanwhile how many demonstrations you seem against the fact that your premiums went up while in my case 22 percent this year how many demonstrations were against monsanto in their life destroying ways nor were things are up to 0 right things that really matter there is no attention put on it media never tells this response to be upset about it so it never happens and meanwhile people are really spending a lot of time in what's that about so it's meaningless because you know you just mentioned what it is eric holder under obama you are not you 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. the parasites and i just knew ation while we argue over stuff is really margins doesn't really impact anything that's what i see going on so i buy

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 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 thanks for being on this segment of the show chris martenson my pleasure thank you all right and that's going to do it for this edition 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'd like to get in touch on twitter it's kaiser if our intellects i'm. reading a. go to one of the people so i can be in luck because. that's

what i mean i well me and i. but the. only. reason.

is it. him in ash stance most him. yes. please. follow my thumb go there kid same compensate the boy deny the body and been given no proof of nothing because. it's not. going to. get to the quick. move on the list that i didn't get showed up to move this because of what i'm

listening to nicholson to be against show mr sutton i must. say it is not so much because of my sons it is a cause of it because you must say i must say. i. guess. i it. should. be.

your. world leader. and dignitaries gather in jerusalem for a holocaust commemoration ahead of an anniversary marking 75 years since the red army liberated auschwitz we spoke with a man who survived the nazi death camp. the. bush will never forget it every morning i look at my hands and see. the number here and i see it every day the time in. this.