so do you see her in the old man because he. hi welcome to the herbert report stacey herbert and this is my associate max kaiser right here. max i think we are perhaps in a parallel universe because i've heard some information that there is another show out there called the kaiser reports and i bring this up because apparently there is evidence to support this claim that people put in the comments all the time that there's a thing called the cost report out there well we may have spotted a parallel universe going backwards in time strange particles observed by an experiment and tarp dika could be evidence of an alternative reality where

everything is upside down and if this is true they're saying that time is also going backwards compared to where we're observing from right death falling time in a parallel universes going backwards. and you know if you think clearly if you meditate on it you you your consciousness dig down is that part of the metaverse which i would call timeshare you know in if you are sailor now out there in the ocean sailing there's a thing called a wind shear or wind is blowing in 2 opposite directions and as a sailor that can be tricky to navigate they have 2 forces a when they're blowing in opposite direction you have wind shear timeshare is the event horizon between this universe and the power universe where time in this universe going one way time in the other universe is going in the opposite direction so you have times year and this is what

a lot of people get confused about when they are deep in a deep state of meditation they have a glimpse into the meadow physical truth of the fact that nothing. is meaningful in any way at all cancels that everything cancels each other out and everything is that 0 and that to get to a place of universal consciousness we are all now heading to 0 and then we need to go negative to be equitable with that palau universe that's what negative interest rates are all about that's what negative oil prices are all about that's what bitcoin is all about because the difficulty adjustment every 2 weeks that keeps the protocol alive. is chasing down a rabbit hole of infinite negativity infinite negative numbers is constantly

getting infinitely smaller as it approaches that event horizon so let's continue with this story from antarctica and how in my apply to our financial world as max and i see it here on the herbert report because what they're what they've observed is this balloon they call a need an acronym for a longer word and what set of words and what they have found is that these high speed particles coming out of the ice in antarctica now that's not supposed to happen because these high speed particles these high energy particles are not supposed to be able to travel through earth so it can only be there saying like looking at our known physics that we know of that is it defies the laws of physics so it has to come from a parallel universe or it's a malfunction and the balloon and they said it was a parallel universe explaining the signal requires the existence of a topsy turvy universe created in the same big bang as our own and existing in

parallel with it in this mirror world 'd positive is negative left is right and time runs backwards it would be a universe made of anti-matter rather than matter so when i read read that i think you know here on the herbert report that is also known as the report in a parallel dimension is that when we started to observe around the same time of 2016 negative interest rates and all we have a 5000 years of interest rate history they've never been negative we've also know that 5000 years of commerce and trade there's never been a negative price for a good so this is our known physics of our monetary universe so if it doesn't apply and we can't understand it based on the. known physics of our own understanding of value in value in money is all related to time so it has to be

a parallel dimension right all markets are discounting mechanisms they are great at discounting for future events so negative interest rates and by the way the interest rates in the united kingdom now are negative for the 1st time in 300 years since the creation of really the bank of england and so what that is telling us and markets are collective outcome of all interaction by humans right markets it's a human construct all interaction from a by humans in the market create our future reality and so negative interest rates are now telling us that we're heading into a time of negative time flows are going backwards in time as i've said before it's great for goldman sachs because they can go backwards in time and steal from clients in the past something they've been trying to do for a long time negative energy prices mean that there is a parallel universe with where all the known laws of physics as described by

einstein of course i'm dining in physics overturned newtonian physics and now we're into a post on study and physical reality and having the most of those laws but not all overturned by this new revelation and therefore matter itself will be presented to us as negative. and urging the negative gravity that so far hasn't been accounted for but that's human emotion is negative gravity and we'll see how human emotion fits into the einstein model of the universe and of course because it is the currency of the parallel or i should say the multiverse and that's why you need to accumulate to quite now because otherwise you you won't you won't survive in the revelation of the multiverse that's fast approaching well actually i am prepared for that with my orange toenails here because that helps me access my bitcoin wallet and all the universes i must admit i

am also on the kaiser report so just so you know i'm able to jump between these universes and speaking of you know breaking the laws of physics you mentioned that you know interest rates are negative for the 1st time in england for the 1st time in several 100 years but the fed's balance sheet top 7 trillion for 1st time ever after an increase of 103000000000 in the past week putting the increase in context the fed's balance sheet hit 6 trillion just on april 2nd it holds 4 point one trillion of us treasuries 32000000000 higher than previous week old 1.6 trillion of mortgage backed securities up 79000000000 week over week and that's the fed's balance sheet and it looks like you know it just like one of these anomalies that was spotted by this balloon flying over antarctica right with that 7 trillion. number it represents a black hole of debt there's no resale value for those securities that say we have 7 trillion dollars worth of assets however those assets don't have any value they

have no resale value if they tried to sell those assets in the market they would get 0 for them so in fact that's the that's a black hole that's growing in the balance sheet of the federal reserve bank and. the global black hole in the central bank's balance sheets is now topping 20 trillion and it'll. it's projected to top 100 trillion in the next few years as we experience this transitioning from world of. of the values that are generated visa be the kinetic relationship with our conscious and the physical world where if we touch something we ascribe value to that but now we're into a world of as as bank of america said this very recently they said that the federal

reserve bank is engaging and market fakery this is a major bank they said that the federal reserve bank you can look this up said that the federal reserve is engaging in manipulating faking that manipulate but faking markets they're creating a whole a gram of value that they say is on the balance sheet that is not there it's a whole a gram it's non existant there's nothing there they simply create these virtual dollars to be able to claim to their creditors that the value that they have in as collateral is something other than 0 but that's false so now we're at the event horizon right the precipice now of the global consciousness is about to reveal itself and. the ego the collective

global ego gets demolished in a heartbeat well exactly but you know the point is with the laws of physics we're also fractals of everything and they say there's a you know a black hole in the middle of every galaxy of every universe and if there's multiverse is then there are plenty of black holes so it only makes sense that you know we humans an animal societies and things on earth we create the thing that we are from like that is what we know is these black holes and this black hole of debt is sucking in. the black holes are what defy the laws of physics that's what causes the time space continuum to shatter and that's why the black hole of debt has become so hard and big as you say we've passive and rising and that's why you see this because of occasion of time and matter including time negative interest rates matter negative oil prices the biggest lie economists central

bankers and financial media tells is that they're fighting deflation by injecting more money into the black hole they are causing the deflation deflation as the defined as the expansion of the black hole of debt and it's gotten to the point where it's now attracting it's own it's out of control you can't stop it there's no stopping the black hole of debt we're we're about to get sucked into it and as you say we're going to bout to get spaghetti at 5. into this black hole 'd of debt called big get a fixation in this universe anyway in this herbert report universe is called spaghettification me me right speak out if occasion and on as ation not to mention cottage cheese if occasion or all the parallel universe and the funniest thing is that because i'm 4 or 5 or $6000.00 a koan there might not be any humans as we know that. concept around it. all

right we're going to take a break when i come back lots more coming to. join me everything on the alec simon chill and i'll be speaking to guests of the world of politics school does this i'm show business i'll see you then. problem drugs don't do is come from unscrupulous dealers the term pharmacies too in every state in the united states we see these very sharp increase in the number of people seeking treatment for addiction to prescription opioids it invaded america under the banner of medicine persisted with the pain but instead of trying to wean him off though she just goes after dose after dose after dose and really became his drug dealer so who's to blame patients don't use menu function was all the

governments. we go to work so you straight home. welcome back to where they are a part i'm max keiser timed out to turn to korea club stand ups one bitcoin now full disclosure we have our own affiliate page over there at.

bitcoin dot com forward slash kaiser you must check this out corey welcome it's good to be here max thanks for having me on alrighty now you logic during a recession now don't don't fret because a lot of famous companies launched during a recession hewlett packard burger king microsoft general motors are you being impacted by this global phenomenon the coke coronavirus the lockdown all that stuff yeah of course i mean i think there is there's no bad time to start a company that's selling big quint given that i think it's probably the best consumer product of the internet age so it's probably a good business to be and. yeah it's been interesting in 2 ways one you know it's been really focusing for our team having extra hours you know that are no longer being allocated to traveling around and see friends they're traveling to and from an office or whatever just kind of locked in and then working on the company which is great for moving really fast and then obviously the macro environment has started lots and lots of new conversations and further it's a conversation around

a corner an art money around you know money printer and all that on it if the easing of governments around the world. and i say i think just in general has been kind of a perfect storm for us launching on march 30th you know 555 and a half weeks before the having and in the middle of all this noise. it's just been great to see the company grow really fast and gain the attention of lots of people and in the coin and outside of the right while you know you had that all bulge of all toys 20142017 that's over with barrow i believe just focused on because now and now and the same flight that's going to do it that's going to take us to the promised land you know i'm not quite as optimistic about hitting that 99 percent mark which is where you know in the long term i think we will be there you know because mark compared to the rest of the space in this cycle i think there's definitely enough ignorance out there and enough people with the senate. you know

this our understanding of a coin in our money i think there will be quite the u.s. coin or all coin boom just time around as well i suspect it will be smaller as a percentage of what's going on because it will take more share but i think because this wave in my estimation will be something like 10 x. bigger than the 27000 wave of new people coming in and cetera you know that you actually see you know by absolute numbers if not percentage the number of scams in quite a bit actually bigger than in 20 seven's in the i love that name that's come out money particle burr. now the chairman of the fed printing vigorously trying to pump up the stock market and so that out the generations the millennial the genovese and others realize that the fed a scam they're just there to pump the stock market donald trump doesn't care how many people die from coronavirus as long a stock market goes up and for that to happen if he keeps con up the fed every

single day like the guy addicted to heroin calling his dealer saying print lower print mower print more and their money printer go but at the and then the mainstream press a bloomberg of the new york times and say n.b.c. is denying that there's a connection between fed policy and stock market pumping so it's all quite amusing to watch and because you now give us the it a wind out at take a step back and get rich while everyone else goes broke but let's talk about this quote i read of yours they use a year out to build the intolerant minority of 10000000 bit coiners what does that mean yes this is a piece that there are a few months ago you know i was there with the name of the company being so on it's probably obvious some a big to some to add fan and i think that the crime is the biggest and most important is it as last on black swans are not all negative that we've had and you know maybe hundreds of years. and so the entire new minority is actually a concept he wrote about quite a bit in

a couple of this book. and it's basically that you only need a small source of sponsors a small percentage of people in a given population who have a very intransigent view one they won't waver from before the whole society flips and basically sees things their way one of the easier examples of this is kosher meat or. basically find you know that the vast majority of products in the us you know packaged goods will be kosher here because people who eat kosher will not eat non-kosher of people who don't care are happy kosher food it's just not that big a deal so that and so similarly we think a number in the united states if we have 325030 1000000 people you know that 3 or 4 percent just kind of an easier out number let's say it's about 10000000 people that we would need to have caring about bitcoin and have excess in the game and as we just did the math and kind of defines that you know we can estimate you can check

this out on this on web site on the blog if you want to see the math you know basically there's about 100000 people in the u.s. today who own a decent chunk of their car and that's like $2500.00 worth they're more and actually understand becoming to the point where they might you know shut up the town show the town hall meeting or you know write a letter to a congressman or her just generally be really on social media in defense of. our estimation is that we've got about. a 100 x.-prize from where we are today just in adoption and evangelism and trying to recruit those. 10000000 because it has to get to the point where you know we can kind of flip the society to really being you know at least crying on equal footing urges kind of accepted in the united states we think that's a fight that we can play a big part in this on parade out name of a big protest to get the revelation to play on you know in american history less

than a 3rd of the america. they even wanted to have a revolution against the english and. it doesn't take a whole majority to kick out a monarchy in this case the moniker of shysters over there at the fed the so let's continue on one of the features over there swap big quien that people are really gravitating toward and kind of stands out as almost a unique feature it's the dollar cost averaging feature so if it's highly volatile we know that because it's moved from $1.00 where we 1st started talking about it on this show to now at you know $8910000.00 and to take the emotion out of the volatility one of the best way to do that through dollar cost averaging explain yes the dot cost averaging is a classic investment strategy it basically means you choose the amount that you're going to invest in a given asset and you don't change the amount so if the asset is low you're buying more of the asset as you're buying lasts just basically is

a fairly effective way and that's certainly the way that investors think about dollar cost averaging and some are certainly using spawn in that way we actually think probably the even more powerful value proposition of the product is around automated savings in a good way to think about this is you know americans specialist you know 50 plus years you know basically dating back till the end of the gold standard completely in 1971 i've been notoriously bad at saving and basically the only ways that anyone sort of stocks to a decent amount of value in an asset is either through to meet a payroll tax deductions in a 401 k. or the essentially forced payments of a mortgage because you don't want to lose your home and so we're trying to make it a one time decision where you you know decide that you're going to allocate some money and typically and you're going to store some of your value in the current protocol and you're going to treat it just the same way that you do those other big buckets of savings which is just it's just going to happen automatically so the only way you can buy through spawn is if you see. and up for

a return purchase plan and you know we kind of recommend not go a lot this is just my personal recommendation basically you know if you make $100.00 grand or less you should be thinking about putting something like 2 percent of your top line into because you know let's say you're making like you know 5 grand a month that's going to be you know $100.00 a month he'd be putting in a big clients just sign up for $2025.00 a week and then just start socking away savings you know how else can you make 2 percent a year salary last forever oh yeah well it's much worse the way describe because american economy runs on keynesian economics and keynesians hate savings they they vilify savings people in the media talk about the savings glut as if it's a bad thing even though it doesn't even exist paul krugman says never say only spend the economy's based on spending and never save money and you know always 30000000 people that are now unemployed with no savings. how psycho for you has you

been saving and certainly for the past 10 years even a dollar a day you'd have a half a 1000000 are a 1000000 dollar question right now so let's talk about your competitor there over there at. square you know square which is jack dorsey he's 2nd company after twitter he's a c.e.o. of he's got the cash gap. and people can buy big coin on the cash tab these establish that it's a big business my 1st question is how much of that business can you get from jack you know or is it just a hugely expanding pie and number 2 you know he does run twitter and twitter has a problem with censorship he censors people and in the big coin community it's a no no for censorship you know because in a sense or ship resistant so is that going to be an achilles heel for jack dorsey

your thoughts. 1st off i think that jack is doing great things for because notwithstanding any misgivings people might have about you know twitter censorship like it's very clear that you know having just the read decrying of his profile that allocating internet resources marketing resources toward big cry and which they started doing heavily in 201821000 you know has been has been great for the space we love to see the sales there we love that you know. on the backs of our announcement in early december they decided to put out a product manager all to set up for her and purchase as they did that a few weeks after we announced those nice to see them launched as well just after us. you know they received plenty of room for us to undercut them significantly on pricing as they were lower than school then cash at significantly lower every chair now you would want for setting up a recurring purchase plan. so you know we don't really see them lowering prices

they're a public company and they like to have profits and you know they don't really need to lower because they have a captive audience and it's pretty convenient for somebody inside of cash just some day when they're so you know i think that for anyone who wants to recommend a 100 percent crime focused product where you're not going to distract somebody with you know stocks which they push heavily as you've noticed like even when they sponsor a podcast they you know that might be a big time but they still have to talk about stocks because that's what their their masters at cash require them to do. you know and you don't have to pons and we don't have a mint so it's a pure between experience it's all focused on education we have some of the best authors and some of the best casters in the world every involved in swamp people likes to follow their young pretty scary road inventing decline which is great introduction is also our co-founder and c.t.o. citizen that kind you know greatest once and runs education you know we don't actually have a marketing department we just have an education department so i think we're doing

a really good job. helping people understand because and helping them think about it in the right way you know the city their own finances and their own plans for the future and you know and i don't really see that being with a competitive situation with with cash now coinbase happy to take all of their business and i don't think that people should be buying big coin is their only purpose is buying decline you shouldn't be buying it on quite base trade all coins on corn basis that's your thing but you know we are up to 80 percent cheaper than coin base and actually small resale particular fees you know for 70 years now for a carry purchases and i think that absolutely needs to stop and you know hash tag by coin base a coin base on twitter and find some fun jeff's in pumps those out we absolutely want to take all of their business oh yeah well thought jack and client base are

children a fella can value so the question of trustworthiness i think is really got to be asked in this case all right corey clip sent thanks for being on the kaiser report that's going to do it for this edition of the kaiser report was me max keiser and stacy herbert like to thank our gas car eclipse an odd give bitcoin and swan bitcoin if you'd like to get in touch tweet us a kaiser report or visit kaiser report dot com or go to twitter and visit kaiser report on twitter and we've got a sunday show every sunday at 1 pm call kaiser's lockdown with the kaiser's until next time by off.

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