you know that all. the little. world leaders and dignitaries gather in jerusalem for a holocaust commemoration ahead of the anniversary marking 75 years since the red army liberated auschwitz he spoke with a man who survived the nazi death camp. i mean he. will never forget it every morning i look at my hands and see. the number here and i see it every day the time. of a remembrance event being aimed at united nations in the face of tragedy.

was it not in a dispute with russia holocaust survivors say it is vital not to distort and politicize the past. of you. know liberation. without the red army would be no me my mother or other prisoners. in the russian computer program or accused by the us of laundering billions of dollars. has been illegally extradited to friends according to his lawyer. for the latest on those stories in. the dot com stay with us now though for the financial news in the. max kaiser i was just searching my 3rd there for a moment this is the kaiser report and you know one of the best charts greatest

charts i've really been studying for years now i don't know exactly how we're going to get into this but i just want to mention it right here at the top it's the money velocity chart. the money velocity chart and we're going to be getting into that momentarily stacy in fact that's how you're getting into this chart is by throwing it to me because i have that chart in my 1st headline here and it's a tweet while m $2.00 money stock doubled up 8 trillion dollars since the financial crisis and to money velocity the rate at which people spend money decreased by 30 percent it appears that newly minted money q.e. in stimulus doesn't really make its way to the economy and spending where is the money why print more so as you know the fed keeps on printing more more more their balance sheet is increasing. like straight up v. shaped since mid september early october and yet they're pumping it into

a dead system because all they're doing it and all they can do is give it to billionaire bankers who can't even a spend the money they already have so it just sits there it hoards it doesn't move it doesn't circulate we have 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 elusive 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 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 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. 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 its 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 of a 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 of the 1140000000 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 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 this 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 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 a 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 they 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 talent in 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 play on 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 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 dollars

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 member 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. 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 charge 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 system right out of state a break when we come back much more coming your way. to the kid same compensate the boy tonight by the. people.

who are going to. get. me home. on the which i did. good showed up to move this because of i'm listening to. show. them we must. consider. 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 epic prosperity that 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 sorta 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 the defining our 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 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 they've. 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 to a sentience species slow down there big guy maybe 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 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 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 year 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 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 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 elaine and enough and now 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 bets 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 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 excel at 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 re warning the extinction event what this re palm ark 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 owed 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 they are 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 to doll 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 i mean 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 chris. 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 this response 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 do 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 pantry no accountability for the parasites and i just knew ation while we argue over stuff that really margins doesn't really impact anything that's what i see going on so i buy your. 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 martin sent my pleasure thank you all right that's going to do it for this efficient of the kaiser at par with me max kaiser and stacy i would like to thank i guess chris lawrence a pic prosperity dot com if you'd like to get a touch on twitter at kaiser if our intellects i'm buying.

seems wrong. just don't. yet to say proud this day to come to etiquette and engagement equals betrayal. when something find themselves worlds apart when she stood up for common ground. in the united states presidential candidates debate the future of the u.s. and the world. max kaiser and stacy her but dig into the burning questions of this election cycle one every week. tax student debt trade was corporate money universal basic income and more catch up with what's front running

this sunday exclusively on r.t. . 134. inches from yes in that message was there a patient to search one of the balls yet was that oh no no. you didn't win some new tricks to. do certain thing whether. it was near it on the side on this one. can tell you that it. uses without holding her because her use consisted of cars cars or electrons were able to establish where the phone was across. just this one 4th generation system poor as you say that was with.