of the peasants but them have brioche while they sit in quarantine right i mean that's pretty remarkable right everyone else coming doesn't attack the political plutocrats. but there's any any headline that comes out of the britain i would say 99 percent of it can be interpreted as class war right this is a country that's mired in class war this is another example of class war you have a permanent underclass fighting a permanent some i monarchy and it's amusing after a while i used to take it seriously then i realized this never going to change and it's just comical well he's an m.p. for a while when hart hatfield the secretary of state for transport i don't know why he calls himself the right honorable probably because as he said a cat cabinet position i also saw that it's something to do with the privy council and the privy i thought was an outhouse like an outdoor toilet so i don't know what privy council is who knows what they get up to there in the united kingdom but you know globally we have a situation where as we've been covering for the past year or 234

especially as the money printer go broke and the money printing ratchets up we've been covering the cantillon effect the wealth and income gap that's been caused by that and so this is just making apparent right this guy is just saying ok any of you wealthy people who got the free money from the government the central banks like you for years say from kobe you don't have to go into the korean teen but here's another one of these stories along the cantillon effect which is just pretty shocking so then heinrich northman trader says wow $1.00 money supply just exploded the higher even further the biggest monthly jump yet the fed is operating without checks or balances so if you want to look at that chart a little bit closer you see this is the m one money supply. it's shoot up it's been

shooting up since 2008 the financial crisis and this is the stock market that's going up with each q.e. bouts and round of money printing thus giving more and more money to a certain class of people that then get to fly in and out and are free to travel free to be globalized citizens this is their social credits for they essentially are above and beyond everybody else just like marie antoinette saying the peasant should have brioche if they were starving like this is the same sort of situation and i don't know why they can't see that but they are taunting the fate you know their class of people right well bit of historical perspective here so $6094.00 was the year a creation of the bank of england bank of england was a transitionary institution that would allow for some rights to be given to the clubs but bank of england was set up to maintain all the financial control in the hands of the monarchs the the the aristocracy and the plutocracy and so it makes

sense down here in the early bits of the 21st century that the bank of england in the global central banks are printing money over time now to try to preserve the vestiges of this neo feudal class that's still clinging to power is still thinks that the covert you know infection is not going to attack them because they have a title in front of their name right so that kind of imbecility and intense british stupidity won't really work in the face of a tsunami of feel bunny for all the wealth that's based on money in britain is about to go into a hyper inflationary collapse against bitcoin sorry that you're poor but life is life but it's in the united kingdom it's in europe it's in the united states especially so the 3 very powerful central banks that get to print money for an elite class of people. you know the brits are former empire so they're not the center of power. like the united states so they get to call themselves the right

honorable because they don't have power right so they have to come up with names to make them feel less horrible about themselves like the right honorable us they see herbert technically on a war i'm a lord maxwell of scotland but i don't go around calling myself a lord because i don't feel i'm secure like these people have to call themselves the right whatever the charts tell you all you need to know let them you know think they're all going to be calling themselves the right honorable and post world and if that makes them feel better about themselves let them do it right let them do it but the fact is they're the ones that have created this this is this is what ernest hemingway said looks like to go bankrupt slowly. and suddenly so i mean that's what it is and you know you can fight it you can say you're being optimistic or pessimistic or or you shouldn't point that out and that's negative to point it out but the facts are the facts that's that's the

charge and that's what the data looks like and that's what the money printing looks like and it creates a wealth of class of people that get to fly in and out of countries around the world not just in england but in europe and also in the united states and other countries that are participants in this federal you know central banking system so there is a class of people some in cultures like to call themselves the right honorable in america they might like to call themselves private equity or hedge fund and said. yeah well they are amusing i'll say that so i covered the bits about you know the class of people that get to fly in and out of around the world with all their free money there all the free money they get gives them a social credit score that enables them to bypass all these laws we've seen across the united states gavin newsome the governor of california gets to go out to restaurants and eat for example while telling the rest of the play like don't go out and eat you pled like this is going to cause the virus to spread things like

that so this is something that we see across the world and we're just pointing out the facts here is another story related to that these consequences that must not be discussed because there are so many right honorable people that won't allow us to discuss it because if you ask any questions about say shutting down all small and medium sized businesses shutting down all schools if you asked like what happens to the children especially the poor children they call you a fascist if you ask what about those businesses that are forced to shut down that aren't getting any money any compensation for it like in the united kingdom they gave pubs $1000.00 pounds for forcing them to shut down that's like throwing brioche out there right so you're not allowed to ask questions about like what happens. we emerge from this pen demick and we don't have any industry left or even small and medium sized enterprises they say you're a fascist don't question us well 2021 will be catastrophic un warns of humanitarian

crisis as 270000000 people may starve world food program chief david beasley sounded the alarm at a united nations general assembly meeting friday about the reemergence of the virus pandemic and resulting humanitarian crisis reported r.t. news beasley said a humanitarian catastrophe is the vela ping with some $270000000.00 people on the pathway towards starvation quote 2021 is literally going to be catastrophic based on what we're seeing at this stage in the game because we've spent 19 trillion dollars that money may not and will not most likely be available for 2021 he's pointing out that. basically the shutdown in the supply chains in particular and the lack of attention essentially and the shutdown in so many economies and the ability to travel except for those with the right honorable grant shapps friends of

his the military to travel is going to cost starvation for the world food program's you know countries in africa pakistan afghanistan like programs that help expectant mothers you know impoverished people in giving them food like a lot of those are being hit hard. from an absence of donations also you know the food supply system as a shutdown so these are the consequences that people are talking about right now again kind of a historical view of this so you know for years and years up until recently there was always this pigeon chested kind of. brag about how so many millions of people around the world are being lifted out of poverty yet right we saw this number all the time like especially in china you know . millions tens of millions 100000000 lifted out of poverty and you see this from the u.n. or the world economic forum where i am out of. poverty erotic t.v.

. and i've often said that this is is unsustainable because it's all based on money and once they feel money ponzi scheme. collapses then poverty will be back with a vengeance and this is where we're at now the global fear money ponzi scheme has hit the buffers of us now collapsing like burning made of collapsed and now we're going back to poverty so the answer has always been you need actual sound money like gold but of course that doesn't work so much as big coin does and what will happen is they'll be hundreds of millions and billions of people in the world that will say to their central bank and they're in their nation state and government they'll say you know we're not interested in money anymore we just want to have our own money have our own peace of mind and you can go away right but it's also you know as we're describing here we have this former empire of the british empire and their common wealth and you know they remained over so much of the globe and all

they have left now are some titles of the right honorable you know outdoor toilet you know so that's what you have there here is like we have a system that is you know this empire debt that is falling apart and that empire that huge amount of debt that is stolen from the future and time from the future is causing one set of conditions here but it's also causing things like inflation i talked about the food prices the supply chain collapse is caused partly because you know with all that debt and money printing ability we don't we feel for a while we we've had this hubris that we don't need to make anything we don't need knowledge we don't need to know how to do anything like we could be the idiocracy that was like projecting this future. like it this is that and all we have is left the equivalent of the right honorable outdoor toilet. privy council sort of

people in the united states is that those who go on the cable news here and they spout and yell and shout at people who question this and call them fascists like it's from another world that doesn't relate to the one that most other people inhabit. right you know we've got to take a break we're going to give you homework during a break i watch i think about this there's only one country in the g 20 that's actually reduced their debt and bought a lot of gold will be back right after this. wrong

. to shape our. common ground. welcome back to the kaiser report max keiser time now to turn to and to pedia he's over there text a wallet a new maximalist bitcoin wallet and not welcome very welcome to the kaiser report air max max now this is an exciting exciting development i am so happy to get into this now one of the most common questions we hear from bitcoin newbies is how to

secure their bit coy some keep their coins on exchanges that's a terrible idea others use hardware wallet or one of the many software while it's available what was absent in the big one wallet market that drove you to create heck son of on to of course security is one of the major concerns that anyone storing any kind of day not. also they don't go out you know when you look at the landscape there are so many things but kernel force you end up victims all the time out on your phone so the best way to start looking at excite is they're basically so one stop shop for a crime needs that means that they'd be a checking account which is just a single stake. out you know like me coming soon where you want to be in for coffee auto savings account which is much more secure. be you do a back up all those things that you know indicated in one basin access so that

gives you you didn't have to worry about having multiple wallets how to secure it in stock so that part was missing out in the crowd landscape and that is what we have excel comes in while we're into this tommy working people find out about this is there an app for hex a wallet or is there a web address how do people actually find it right now so you have the her p.r. label her book stores and people can just search for excellent hits i've been trying to learn turned to should be able to find us where the easy. awesome now another feature that you have that really great is you got a test while it was fictional test bitcoins in the wallet for new users to test out how they send and receive bitcoin you know that's one of the things people are they get involved and they they get intimidated by this whole process but you've got the test the tests going on with fictional test bitcoin and i guess that's exactly what it is right to give you some fake mclintock yeah so you know there's this

disconnect which is basically used by a step up on screw you don't test on the country that actually teaches you a lot as many a scam a q.r. code blocks an address when it goes through or does any worse this country means so on these things when you get into bitcoin it's pretty pretty new and sometimes i mean intimidating so we get this test of congress preloaded tests that and you can actually use it as you would use and not only because well it so that gives a lot of comfort and where you're using it the distant own comes up with educational messages ok you see i have to this is what it means and stuff like that so that is definitely one of those years the spirit here are some really good treat anyone got another another feature here you've introduced the concept of checking and savings accounts within the wallet tell us about this man i was saying that this is like a one stop shop what you don't need in exile you just cannot keep having a combs so taking

a comp is the same posing as they go com so wrong if you just want to be a some some you know you want to keep your pocket change their savings account is a proper money to say account right so you want to give much bigger chunk of that to kong so that's pretty pretty similar to the people who have people manage their present in their bank banks 3 and even you know in different homes so that is what it gives you where you don't be any different while it's in you know on your phone group that's where it is so my i guess you could call it my personal cold storage or my person. multisync type of pick count would be in the savings and then the ha quality for what i might be using the trans am us would be in the checking. sounds like a great idea now another issue which has scared bitcoin newbies away from securing their coins in a wad is having to remember a secure seat for a secure their seat phrase but hexa has a seedless distributed backup model explain how this works model of foss they want

it back because in the spring the speak to people the cost think that they learn about bitcoin is especially so custody because they are to secure this 24 who are sending if that is lost their plans are lost whatever their year you know they don't really understand that piece and generally there are there are improvements through the years in the backups the backup scheme so between wants but what this gets you is essentially your scans i q of course write in 5 different places one with a couple of contacts and one we know on your other device and us. as a p.d.f. on your cloud storage when you scan back any of them you know you you know well it just gets really character so it is not just easy and what did it do you does the fish or not essentially 3 so basically you end up losing to your wallet just as secure so it gives it edges in it see there's no single point of really any marie

and as soon as you do so on one decode it can be called in to code it is those q.r. codes so you can lose on to go to q. while it still stands in that you don't want to i don't seem to zuccotti kino i do want to do something about it so also the users actually end up having 5 of the keys all the way but even if you do store them you want to see go so that gives a decent point that this is not a single point if it fails if the thing was for us so that there's this interview it is another feature and this is very interesting and just to give us some background i remember back in. in the mid 1990 s. i was involved in a dot com company in los angeles and this was during the time when addresses for email were long strings of members for example an email provider would be the serve and my address would be a long string of numbers and it was very difficult then america america online came and there is the idea of my name. at a.o.l.

right and this mushroom this really what made email huge back in the in the mid 1990 s. now you've got here is a the wallop you can easily send to friends and family without having to ask for a bit coin address so this concept caught for you know if you're the expert but a little to what you're saying what you're come to is using that this book we don't going to be even recent messages not only is we don't you understand he actually typing something they can just choose a contact and send a message through their most of the games so that is the concept you have once you had a particular friend in your friends and family list you don't really need to austin for an address if you thank you who you have. to generate have to sit on their behalf and keep sending them stats so what that allows you to do is if you do it doesn't sort a single episode you just don't see it on cheers mark you don't really really want

to send $10.00 on you know money in saks you just to as a contact and send them send them that among so that is there has been use for you also have a relationship with swan bitcoin where people can do dollar cost averaging directly into the swan bitcoin from their hacks a wallet and tell us about that so many it spoke of on you know our one stop shop for all it is not just that because of features like you know seeing a statement to say going on that it is also amazing so so that i'm coming up in the request space so someone is there is an excellent example we have people just set up there to see it and they end up receiving they this start seeing the steps in the example that you know non-custodial day so that does that is how that particular indication of iraq and there are few more indications that a plan which basically means that the features available out there don't really need to manage share different accounts some sort of excel you can have him do that again to the next owner so that's. that partnership and that indication is pretty

powerful and not let me change gears a bit and ask you something more philosophical. about big coin in the generational gap is there a generational gap i noticed that when i talk to a lot of people in their twenty's and thirty's they see this as their money and a way to respond to the baby boomers who put a lot of debt onto them and are running away is there a generational divide here and do you see that in india. they're like the louis b. you know the next edition will always think that they have something better too often they know more than their parents do so that's always the case that's leg you know universal but specifically up on to india so when we talk about india in you know 'd between getting on mr media we generally start and stop back to you know indians who are a lot of who are but that's not home based in other words or the story. indians do a lot of poor that's going to be what that gives them is

a comfort level that said question so they sent custard their own words so when i talk to someone in india boat you know off taking care of their own keys in the between space they don't they don't really step as much as other people they use of cash for example in india has been proven why there's a whole network of payments cash payment that exists out say in korean market trade so they do understand you have to be a payment they don't want us and so to study much more and this is quieting to the concert so it's not as much a generational thing as an educational gap and that is one no one you know. we would want to put in some effort mystery to think there's an affinity area similarities because between the wheat indians syrup and the rave you know we want to be one people who manage not temperate climate so question the. transposons temp put some into context here we know that in india roughly 20000 tonnes of gold is

held by individual indians in the population and it's their. i marry source of wealth and of course it's passed on from generation to generation and the mass on the side if self custody no it is very interesting right because the indian monetary system from time to time has undergone rapid change or radical change there's a deep monetization event for example within the last year and this really incentivizes people to self custody or to own their own gold and to give them wealth that will endure no matter what the political situation is in let me ask you this in the united states now there's some discussion in washington d.c. about the side of custody and some lawmakers are asking well are we comfortable with the fact that big coiners are soft custody in their coins do we want to get involved with that so my question is if the united states were to go into that

direction and in really pressure this idea of self custody went to market would the global big coin market itself just jump the center of it would it would it head over to india where people are more comfortable with that concept and my question is can anyone stop big coin because the same think it's always going to find where it's accepted and there's a lot of people that are willing to use it and can india emerge as a huge epicenter for because i think even get cat but i also think you know essentially going to shoot many. more troops 'd so close to you so you there's a friction between so this is a mode of travel to learn stuff so you didn't need fiction between getting the getting your starts in just intercept custardy you know what would happen i think is the time you would get between these these laws coming out and. 'd

is want more and more people who more dissent was to be told. so we didn't bury these. you know who's actually going to it's not to be. because they need us to be right so that is what. so that's that's what we think thanks so much for being on the kaiser porn good luck what the heck so wallets thank you arts nice talking to you right now is going to do it for this edition of kaiser report with me max kaiser and stacey erik want to thank our guests and not patty so while it until next time i all. imagine picking up a future textbook on the early years of the 21st century what are the chapters called gun violence school shootings homelessness 1st it was my job it

was my. savings i have nothing i have nothing. i look for resources i look for jobs i look for everything i can to make this house. doing. the road to the american dream paved with good refute. this very idealized image all. americans look pasta the deaths that happen every single day this is a history of the usa america. television. to demonstrate is right now propaganda machine.

koku. i'm killing of. the lawyer. they still won't come. to the way.

that's canasta moment last chance and ask for the last 70 and seeing and on the day to day for the that's probably what should've been the commission says the birds who just chewed on disk in the. asian community and among the. legion mom. and i know you are so set on the open to much fame the mamma says that our.

for headline stories this hour washington considers whether to approve the fall. after the u.k. warns people with. drug regulator reveals that 6 people died during the trials for it. looked monday and then. going on to do the time don't you think. i'm going to get some motion while calling for tougher code restrictions germany sees a record high number of. over. after 15 years of american germany's

a country that does not want to protect its borders against illegal immigration.