and the media is celebrating like living through the last days of the roman republic. and i was responding to this tweet from liz sly, who is from the washington post. and she said, u.s. officials have been lying to trump and the american people about the true number of u.s. troops in syria and ordered to deter him from withdrawing them according to the outgoing syria. on the way chum thinks it's only 200 troops there laughing, laughing, laughing out loud. that's crossing the rubicon, right to disobeyed the orders of the commander in chief. of course, you know that term crossing the rubicon comes from julius caesar, who went to war with the gauls illegally. he wasn't allowed to, he was a general, went to war and order to gain the public support to what he wanted to become emperor. so by the time he came back when he was at the rubicon and to cross, the rubicon meant that he was about to become a dictator. that the republic was ending and the empire would. he wanted to become consul around, you know, before they had emperor. so he declared himself dictator and the emperor,

right. while there's so much noise out there fanned, it's a real challenge to try to find a way to cut through the noise and find the signal. and i think the easiest way to understand the last 456 years of the rise of trump would be in the context of america's empire and wars. and when trump took office in 2016, this was challenging the war machine in america. and they like to drop bombs on people. let's be frank. and i think it's a great image out there on the web of the 6 presidents, inclusive of trump. and this shows all the wars that they've started war, war, war, war, war war. and then you get the trump, and it's like, oh, he didn't start any wars. so that's why they had the coup of 2016. and we, historians, i believe bernie quickly will refer to the 2016 attempt by the d.n.c. to usurp. and to illegitimate is the trump victory 2016 as a coup or attempted coup. i think what we're seeing now with what you're describing,

being the miscommunication. are they not the miscommunication but the but the deliberate tire rannoch goal withholding of information would be part and parcel of this rolling coup and people who study history all was look at the coup in america's coups in latin america. and i don't think the results are going to be pretty, trump unselfish across many rubicons as well, like there's no going back from some of the stuff he's done. so there is not any individual, it's like the systems that are designed this way. the american financial system crossed the rubicon, whereby we now have a system where the banks create 95 percent of the money, not the u.s. congress. the u.s. congress used to by the constitution be authorized to create the money of our country. instead, we have banks, private banks, print the money somehow because somewhere along the line we crossed the rubicon. whether it was the founding of the central bank of america, the federal reserve bank, or it was the 1933,

gold confiscation. or when you $971.00 that going off the gold standard, like there were several rubicons cross that there was no going back. once you did that and always received popular support, there was always enough popular support. remember when caesar crossed the rubicon, he counted on the popular support of the people of rome to support him and to celebrate him as a war hero. he had killed like half the population or 3rd of the population of gaul and had all the riches that he looted from. and so he was going to give it to the people. and the people of course, adored all the free goods that he had stolen from the gaul, and the senators were fled. remember this, that the senate fled. so, you know, we, we have these constant situations where these are the games, theories. this is the prisoner's dilemma. these are all the things that go into, you know, popular support democracies republics. that's why you have a republic to over is over like turn some of the democracies that will celebrate a dictator. they did celebrate caesar coming back and declaring himself dictator.

they did want the free goods he was giving out. so, you know, all wars must and the financial wars, the military wars, you know, the acting secretary of defense this past weekend said that all wars must and this is remarkable. he caused outrage in the public. you know, it, you know, people who are outraged by this, nobody, no imperial people like wars to end. so it is dangerous to say this, well, it's a huge ponzi scheme was not another way to look at it. so you have the banks are involved in a huge ponzi scheme attached to the federal reserve bank. and the federal reserve bank is attached to a huge ponzi scheme called the global banking financial me, i.m.f. and the world bank and the people at davos. and then that part of the ponzi scheme is backed by america's military. so america's military is kind of the force behind this global ponzi scheme. so if you defund the military, then the whole house of cards crumbles. and that's why you have these are important

propagandist dick mouthpieces like paul krugman, or rachel maddow, just spewing the pro ponzi scheme war machine. because if they let this thing collapse under the weight of its own fraud, greed and money printing, they're all out of a job. right? because paul krugman had said that the u.s. dollar is backed by men with guns. and this was his argument about why the u.s. dollar was better than big coin. so we have another similar person in the news this past week ray dahlia. he runs or i think it used to be the biggest hedge fund in the world. it's down 16 or 18 percent this year, so it might not be the biggest hedge fund in the world. but ray dahlia. oh, he says now is a special moment for markets as china ascends. so ray deleo this week, he said that big queen is no good. he's long gold because he believes the dollar is toast. but he said, you know, big question will be confiscated by governments are banned by governments. and

that's why he doesn't believe in bitcoin. so i want to just oppose him to another hedge fund, which is paul tudor jones. and paul tudor jones recently said that he has gold and bit coin, but that gold is a bet on dystopian future whereby like things fall apart and man humans are not good. they can't, they can't keep it together. it's apocalyptic. and they don't work together. he's saying he then went on to say that because it is a bet on humanity. it's a bet on the goodness of humanity. and here is ray dal you saying basically he's betting that the dollars. toast and the u.s. is toast. the population is toast, the manufacturing capacity is toast. their g.d.p. is toast because he's going along china and he says re deleo believes global markets are at a very special moment with china on the rise and the relative power of the us facing challenges. the billionaire founder of bridgewater, so she said in his video message to the caption summit on saturday that china's

development is making the country more competitive and a learning global capital. right. and out of this juxtaposition of paul tudor jones 1st is right down the, you know, i think it's very revealing. and right, paul tudor jones understands because he has a position because he's profiting a wildly by big clients as he got into it. it's a 50 or 60 percent, as is michael saylor of micro strategy. and that's why over time he's a performer, a down substantially. ray is not a very good money manager, and he does have this defeatist, fatalistic attitude that there's no point in even trying just throw the keys to china. and we'll try to squeak by go play my games by, you know, manipulating prices and whatnot. as long as i can before they carry me out, but it is quite a stark contrast between somebody who understands what benefits humanity now be. paul tudor jones and somebody is a sock puppet for the globalists in the dallas crowd, who writes meaningless books. i mean, he wrote a book called principles,

it's like 3 or 4 or 500 pages long. i can sum it up quite simply by low sell high. there are just 40 books. definitely raise al is the sort that goes to davros every year. the world economic forum this year wants to have the great reset. trade value is a story. obviously he's saying that he's bragging about the, how great the capital markets are opening in china. and china is indeed, they've done an amazing job and they've leap frogged ahead of the u.s. and many technology capability and innovation. but in terms of like, the u.s. was structured around the french in light mention ideas of her republican checks and balances against monarchies. obviously a lot of that has eroded over the years because of all the rubicons being crossed. oh, it's for the benefit of the people. they're just here to help out this emergency order . the patriot act is just to help you to protect you from terrorists that getting, confiscating your gold is to help the economy. all that sort of stuff happened over the years. but here there's a new technology called decline and that you can never cross the rubicon. it's not

even possible with this system to structure our economy and monetary system around that. as the acting defense secretary chris miller said, all wars must end this ends all wars because it can and all wars geo politically because it's because you cannot cross the rubicon, you cannot pull a whole nation off a swift. you cannot sanction a whole country, like it is an open protocol and neutral protocol. so, you know, i think paul tudor jones recognizes that this calm in the way it the protocol is able to turn greed into an ultra stick action, which is securing the network strands modification in a way. but to get to the point, because i mean, isn't confiscate a ball and why this is important. what you're saying there is that i cannot use violence to grab somebody property. in the case of american foreign policy,

it's all about, well, we're going to grab your oil. we're going to bombs on you. we're going to grab all your resources and for to take the dollar and backed up as paul krugman had men with guns. he said to himself in the new york times, that was right there, published in the paper of record. and so if you have private property in this case, because that is unconscious cato bowl, you cannot take my coins from me that's. that's the end of the story. and the only way to get any of my bitcoin is to offer me something that i'll trade for it. and that's peaceful trade. that's why is pro humanity and violent chaos again, which saint paul krugman said he's a nobel economist. he said that the dollar is better than big queen because the basically big queen is not backed by men with guns. the queen is backed by the end of all financial war. it's a monetary war as it's, it's peaceful because you can't confiscate it unless, of course you, you know, an f.b.i. agent is tracking you and you move a $1000000000.00 with

a big coin and they've been waiting for you to do that to prove that you have the keys and then threaten you with 2 lifetimes and prison. so there are exceptions to that like but on a nation state level, it's uncomfortable. well that enough particular case that was not great opsec by the person having their feet coin removed from them, and that can be entirely avoided. so let's be clear. many people have lost a big one because of bad upset because of bad protocol. but it's not the fault of decline. if you take all necessary steps, it's completely i'm confiscated. and i'm going to be really against of the city when countries are building these big bitcoin positions, whether it's 6 down or around a few others. what are they doing there? mining and mining is securing the network, so they're working out who is typically for all holders. all hodler is the big client. their greed for more big coin, incentivise altruism, you're securing the network. so again, does not not allow the rubicon to be crossed. and that is important because that

geo, politically, it is the financial grid that, that is the thing that ties everything together on a geo political harmony will start a level of, well, you know, and we have to cross over this brand. think i'm back in a minute away. is you'll be via reflection of reality. in a world transformed what will make you feel safe? tyson nation, for community. are you going the right way or are you being led to direct? what is true? what is great?

in the world corrupted, you need to descend to join us in the depths or remain in the shallows. by the pandemic. no, certainly no borders and is blind to nationalities has emerged little time with the we don't look like seeing the whole world to be judged as common. every crisis with this system to we can do better, we should everyone is contributing way. but we also know that this crisis will not go on forever. the challenges created, the response has been masked. so many good people are helping us. it makes us feel

very proud that we are in it together, solos on the bone, but i'm pleased to show you. right. big city, bright lights. you jump, but you know, g.'s and many dangers of the rest of the cocoon. blatantly to the insoles of a city where up to $300000.00 crimes are committed every year goes before the fall of the last one, but it will bring your most. it's still to the reserved least one police officer, effectively $200.00 residents in russia's capital cost on the list. i think you missed most. we all put the number of troops that will not go up boysen room, which was among the people who were going to last.

welcome back to the kaiser report, imax keyser time out to go to our expense. get out. welcome back. that's thank you for your latest piece is called resistance is not here at all, is because there is a sense if so to what alex resistance to work, i guess, resistance to madness, resistance to 30, it isn't resistance to authority. he said, discuss this idea of it's natural authority versus fear of 30 and you know, natural, 30, something that emerges from the ground through competence and enter a sort of hearing to natural laws. whereas shia authority is something that you know, is top down. you know, it's, you know,

it's some bureaucrat or some expert or some intelligence academics who believes they know the way and they just sort of create on everybody and, you know, do you believe it to resist? i guess law or you know, resist resist somebodies? afzal lot idea of what you know, how everyone should behave is extremely important and it is that resistance and you know, in internet a century in today's big, quiet resists imposition by bureaucrats and, and kind of a way to go against natural law. and even now, because it is a mathematical, it's computer generated and it came from cipher punks. it represents nature and in a way that we haven't seen in the economy, certainly in a long time. can you go down there a little bit?

represents above all things like an objective truths and you know, we'll talk about this in a previous post custer's light. so did that, you know, why it doesn't matter what you me or somebody else thinks. you know, we basically spoke of when we try to interpret it, point to our own lands, maybe not interpret, but try to decree something or project, something on it. quite rare occurrence. acetic with this kind of, you know, for years i'm randian terms like this objective truths, like it's something that is there. it's, it, it's reality. it's tied to truth. you know, it doesn't care how we behave. you know what i learned individuals or dishes. it's like, is completely objective, stand alone truth whereas, you know, and what i think that best stands against, or that best resists is any form of fear, whether, which will consider money, whether we're talking, you know, fear loss, you know, whatever like the notion of is that i decree upon all of the, you know,

it's sort of this, you know, you can call it a leap, but i don't even want to call it a leap because, you know, at least suggests that, you know, there's something like, you know, for me when i think of the word elite, i think of his same books because he's an elite runner. at his own words, that elites like it's not elite, which is, you know, i ended up being voted into government based on a popularity contest. now i have the right to impose my will upon everybody else, right? oh yes, there were no limits. when is the word cantillon, air? you know, people are just here where positions of superiority are enough because it can bring about a lot of philosophical conversation. you know, you do a lot of this worry in your writings and in your podcast. here's a philosophical question for you. talk about objective truth. but in, because we also talk about how it allows people to express their ultimate subjectivity when it comes to value. so how do you square that?

oh, i mean, the only way for us to, to be able to cooperate subjectively is to have this is like some sort fabric that doesn't move because it's that also moved like, you know, this was sort of think about this is like if you and i want to come together and build a house, you know, we might have different tastes and, you know, we might some different functions like i might be the cuttings, you might be the tile or a whatever. but we sort of converge on the subjective truth of, you know, measurement is, you know, we measure things in inches, but if you know, we were doing it, you chose inches. i chose the meat is that, you know, we'll show numbers early, we would do that house we, you know, yesterday, so it's, so it can sort of by being this objective truth. it enables true, subjective interpretation, true subjective expression from everybody's books, right? so it works as a unit of account, some people call it hyper because asian already saying in countries like nigeria,

where 30 percent of the population is already moved over to a big point standard. let's talk about stan druckenmiller for a 2nd. he's a heavyweight in london, money management business for sure. he's the guy who broke the bank of england made a $1000000000.00 by going short the bank of england. he's now anti u.s. dollar, is getting into golf. he's also getting into bitcoin talks about because outperforming vault just like paul tudor jones has made the same comment. do you think he's right that the dollar is toast going forward in this new 21st century geo political reality? we're living in alex. i think one thing that didn't soros break the bank of england, he working a 4 star us druckenmiller was sorrels. right hand that he was his genius that was working for soros was standing on canal or he's responsible for big breaking the bank of england. so yes, to be clear. thank you for pointing that out. ok, so now you go on a now anti dollar and you know, if enough people go anti dollar,

you can break the dollar and the dollar is it's not backed by anything. it's just except for violence except by force and, but if nobody around the world accepting it anymore, it's going to crash and a father, hedge funds are going short. it's going to crash a lot sooner. do you see this as a possibility and is bitcoin the go to currency in this situation? it was never a question of um, of if it's only a question of when now we, we can sit here and debate loke, you know, is that going to happen next year, 10 years from now, 30 years from now 50 or 100 years from now? you know, i'd sort of be banking on decades being more realistic. i mean, you know, the thing is the u.s. still is that the u.s. still has momentum behind it. you know, despite all the, you know, political turmoil and the, you know, the destruction of the constitution, all the kind of crap that's going on there. i mean, it, us still has momentum. it still hurts, you know, force, it still has some sort of, you know, economic substance and strength. so, you know,

it has the capacity to maintain, you know, the u.s. dollar for a while yet to come. what i mean, everything else also is priced in us though, as soon as there's a lot there. but you know, the question is, when do you want to make that bet as someone who is making a bet on what money want to hold, do you want to make that it will get coins, you know, 10 years from now, like when the dollar is decayed, another 99 percent, you know, because it's worth a couple $1000000.00, you know, relatively speaking or do you want to make that bit today? and obviously people like stanley trying to miller's people like portage and there's going to come around like a game theory of this. like it's better to get nature, it's going to sweep through a lot quicker, i think than anybody is. right. you know, if i jump off a cliff, i've got a lot of momentum. elex great until the last extent. so as efficient money managers, ballio, a branch of water in connecticut, wrote

a book or principal things down 18 percent this year. so there may be quick become a full time writer because as a money manager, he's stang's, but never the less he criticized because it has been quote, too volatile to use as a means of exchange and that government will outlaw it. this sounds like fide free, fair uncertainty and doubt from 2016 is raise this if i don't mind the time. when in fact it sounds like fun from so probably like 2014 it's late. this is still it stage one fun that you know, my mum can sort of flow like it's, it completely lacks any intellectual curiosity or understanding what the queen is slate's. it's like, ok will. how does the money emerge? you know, like, you know, well how does an organic natural market price money emerge? well, it's going to find the value of time and it's going to, you know, people don't sense that by definition. it's also

a fact that he hunts. and that literally makes me question whether he's either playing chess and he's like stacked in the background big time. and he's just funding it so that you know, it can remain, you know, subdued price. all she really is, or maybe someone ghostwrote principles because it just doesn't understand his own, principles. a b., he doesn't have his name in any of the economic cycle stuff. he writes, he's just probably regurgitate like someone else. the slips in the 1st 20 from historical books, but it's just a name and it's beyond belief. i've lost complete respect for him. yeah. tell a story. it's like a 1st of all he's down 18 percent south. those, those kind of numbers mean that if anyone has still has money with ray, they are looking for tax losses, not for a capital gains number to show because he is the biggest as far in the world. he moves markets. what soros call of reflexivity. you know, the very fact that he's in a stock will move a stock and help buy the stock,

and there it is. he's up, whatever he is. and so that doesn't work. and number 3, as you point out, he's intellectually a pigmy, an intellectual pygmy, and that he has his mind to say, mainly incapable of grasping anything more complicated than how to bully a bunch of trainers around into manipulating stock prices. it's going to go the way of nouriel roubini, who recently capitulated and now is bitcoin, you know, calling ball after is such an ardent basher for so many years when you think, i hope i hope, i think it will be put it just this. if i rake kitchell, it's a 10000000 dollars. it can't, because then we, i mean, we need someone, aside from the nation states, she tried to get quinn from 10000000 to 100000000, and i hope it's ray, it will be poetic justice. and then one day, you know, someone like me might hire a suit. i don't know much, but it's something you know, raise going to need a jump down the track and you know,

like someone's limits. and i say that tongue in cheek, obviously i was an arrogant, but it's like, you know, he's going to resist that until he can't anymore. and at some point, you know that there's switched in a flip, but i just, i personally hope it's later not now because i'm still trying to keep it so. yeah. ok. there are trying to front runner a once or a comes, and it will be a $1000000.00 at the one aim, and we're going to be buying bridgewater management and turn it into a professional toilet cleaning service. and there's something practical and worthwhile. so the i.m.f. is calling for a new bretton woods. what do you think this means in practical terms, a global century, central digital currency, what does it mean? tell us. i don't even know that needs anymore. i mean us who are living today saying that, you know, the c, b, d, c's are going to help us fight climate change on what it's like to just throwing words out like bretton woods and reset and climate change and capitalism, you know, lips i don't even know what anything means anymore,

like it's just so like, you know, with britain and with the birth dead anyways, it's like what, why are we really back that anyway? what does this have to do with anything? you know, are we bringing that goal? like we are moving back in time like this, no idea what? well, i think what they're saying is they need to be a global reset, but they don't know exactly what that means except that they know they're in trouble. and so what they're going to reset against, i mean that's a good point, doesn't mean they're going to reset against all the just means. are going to get into a conference room and they're going to, you know, my mind thought of that a lot of things, but i can't say them on television. yeah. but anyway, alex netsky, thanks so much for being on kaiser report. thanks. low notes. all right, that's going to do it for this edition of cons. the report west may max kaiser and stacey. i would like to thank our guests. and so next time by you know,

so what we've got to do is identify the threats that we have. it's crazy. let it be an arms race, and spearing dramatic. only. i don't see how that strategy will be successful, very critical. time to sit down and talk during the vietnam war, u.s. forces to neighboring laos. it was a secret war. and for years, the american people did not know how much it is a national country, per capita, human history, millions of unexploded bombs still in danger. lives in this small agricultural

country. even today, kids in los full victims of bombs dropped decades ago. is the u.s. making amends for the tragedy in laos built to the people need. in the 2 little a new gold rush is underway and thousands of ill equipped workers are flocking to the gold fields, hoping to strike it. rich is a good. as they were, children are torn between gold. my family was very poor. i thought i was doing my best to get back to school. which side will have the strongest appeal

mission for peace, we follow russian forces as they enter newborn. i care about to uphold a cease fire between armenia and azerbaijan. this is something of a surreal experience because you see behind us the russian peacekeepers standing together with is it about johnny truth, very close together and just behind the armenian truth? these are the new territories, a number of nations trying to russia in the hope of securing a hope that 19 proxy. now, israel is in talks to take up the sputnik job. we asked russia's top, i want to just how long it will be before the fire be turned. i'm see.