10 fatalities are confirmed including one police officer in a shooting incident at a supermarket in the u.s. state of colorado the suspect has been taken into custody. president clinton meets russian vaccine developers to discuss a production boost and hailed the proven safety of domestically produced. none of the 4 an equivalence should the same level of protection once again this is a resounding success for domestic science and it's been nice to brood is the geographical adoption of the speed the vaccine is actively grown to. be hungry and foreign minister condemns the use handling of its inoculation program and urges the european regulator to approve. and ups the ante and its a vaccine supply feud with the u.k. saying it could start blocking crossing channel shipments of the astra zeneca. that

is it for this hour's headlines coming up next. i am max kaiser this is the kaiser report you know the jig is up stacy yeah you know on the last episode when you were talk to michael plant he and stan brock and miller have radically different views on the dollar and bonds and stuff like that and ray deleo was also mentions and i have this quote from him that i think is interesting and it's kind of what we've already said for a while now on kaiser for em in that very kaiser report way he said it investing in bonds has become stupid says ray dahlia oh the speculative attack on the dollar

continues in his linked in on. you know his analysis of why it would be stupid to invest in any dollar denominated debt dahlia thinks it may even be a good time to borrow cash to buy higher returning non debt investment assets and the new paradigm he said could be characterized by shocking tax increases and pro have been against capital movements with rising amounts of government debt and classic bubble dynamics among many different asset classes valeo recommends a well diversified portfolio of non debt and non dollar assets the jig is so the reason why interest rates are low across the world and the reason why central banks coordinate with each other around the world for policies like quantitative easing is the idea that they will all become. cooperating and there won't be anyone breaking away from this centrally cartel but now what's happening is that people like ray dahlia oh over at bridgewater his hedge fund or michael

saylor of micro strategy are saying you know what rocco play the game anymore we're actually going to borrow money at these are incredibly cheap. greats and we're going to buy assets could be bitcoin to be something else and we're going to states essentially a speculative attack on these central banks so the central banks have overplayed their hand and now they're inviting these huge pools of capital to openly attack them and now this is rippling through the financial world and right dahlia is the biggest says for the world he's saying look there's no point in owning a bond so others are saying look this could be the end of a 40 year bull market in bonds if you're only going to get 1.6 percent nominal yield on a bond and inflation is racing ahead in the real rate of inflation remembers 10 to 12 percent not the one to 2 percent that the government says it is that's that's a lie is provably a lie and so why not borrow at

a one percent when you know based on the just the minimum amount of inflation in the economy of 10 percent you're going to make a 1000 percent on your money by just borrowing against the fed by attacking the fed who's not going to take that trade he's also playing the players i am the other players in the market are going to be all these people receiving all this free money so he's looking at the free money and understanding what it's going to do to the markets and indeed you know tell it twitter is an interesting way to telegraph what's coming right because it's if you look at the data that twitter itself shows it skews have a lead democrat. so heavily educated beyond the population in general very high income compared to the population in general but very few people on twitter earn under $30000.00 a year the ones that were supposed to be helping with the stimulus this is the

population that are the democratic voters that do run the media are the bloggers are the blue check sort of people so i find it interesting the change in psyche and consciousness and what these people want on the one side we've covered all their d. platforming enough thora tarion sort of drive towards silencing voices that are against theirs like silencing people who are against free money printing by the way is going to possibly be something that they're against but once you go back to you never go back right here is something i saw trending and you could see it get my payments that was trending as everybody wanted to know they were tweeting out biden saying when am i going to get my payment when am i getting my money worst my money remember this is this is the theme going forward this is what ray dahlia sees he sees that this the shift in consciousness why do we need to pay taxes when you

can just print give us more money you did it last or you could do it this year why do i have to go back to a job that i'm going to earn like 203040 percent less than i was making sitting home where's my money get me my payments so that sort of mindset as an investor you're looking at it and saying i've seen this in the. i've seen it with the bull of our i've seen it with many currencies in history when the people demand and the politicians are afraid of the people you know that these demands that they're not going to get elected for example in the midterms and and 2022 so they're going to keep on feeding these bitin bucks as they're now called fragile markets are like natural systems and it only takes a one degree difference. to go from solid to liquid you know to go from there go from ice to water it's just a one degree difference and what markets if you just have a one degree difference and you're saying you know what instead of getting a positive rate of return on my bond market i'm going to get

a negative return of my bond market and that could be even one basis points different 1100th of a percentage it moves the entire psychology the market flips it $180.00 degrees and now instead of all these hedge funds and central banks cooperating to keep that status quo going they're now attacking the central bank and the money printers with this borrow to spend on assets. change and we see that reflected now on the commodity markets that are now entering a bull market because paper is in fear of money is the now turning into trash as it has in some of these emerging markets like venezuela in assets like bitcoin are becoming the go to asset to protect yourself against as michael saylor of micro strategy calls it the melting ice cube on your balance sheet cash is

losing according to micro strategies c.e.o. michael saylor 15 percent of its purchasing power per year why would you hold on to something like that when you have a big coin that's appreciating on average 200 percent a year for 10 years it's a pretty simple trade once you see the raw numbers well speaking of raw numbers i have some raw numbers from bank of america and it kind of goes with the data i showed you from twitter verses what biden is doing and what rate dalí 0 is doing so read out the 0 is saying he's borrowing to invest and real assets because he sees by them before that trump borrowing big to give to people pour it into the bank accounts of everybody so they seem fair right. but in fact it's going to a huge percentage of people who don't actually need it you see that in the data in terms of what a bank of america does so then they pour it into like 400000000000 is going out in

this last week in this week and what you're seeing is bank of america found that about 10 percent of that is going to go into bitcoin so 40000000000 pouring into bitcoin a real hard money right people are taking the borrowed money that the basically the u.s. government is doing this technique of a speculative tat on the dollar themselves so the survey of investors by bank of america shows that more than half and each income bracket. from 30002120000 plan to save their 3rd stimulus check for the lowest income group substantial portion then goes to food clothing and necessities so 53 percent of the lowest income earners wouldn't spend it with a will not spend their stimulus check they'll save it pay down debt or their own best that's 53 percent versus the highest people earning $120000.00

a year i.e. the biden voters the democratic voters they're the ones that are like help the people help the poor people send them money but you have to send us checks too because it's hard living in new york city with all you know it's cost lot for us. well 7 d. 90 percent of it they don't actually need they're going to take it and they're going to invest in the stock market they're going to save him so look at that gap 53 percent is all the people earning under $30000.00 a year those people can only afford to save 53 percent of it the rest is going on food and rent so that's the gap between 53 percent to 79 percent so slowly those who are earning 120000 feel very good about themselves because they told by then to give these $1400.36 for children under 6 and all the stuff but it turns out there are they made sure they're getting the money too and it's not it's all

going to them building up assets building up the wealth that raid ballio himself is also doing so they get to act like ray dally oh these guys at the bottom will always be. the the investment at the top is causing the inflation the money printing is causing inflation so it's going to be running in place for the bottom $5030.00 people earning under $30000.00 and so you see it in the actual data like what happens. the discrepancy how the wealth and income gap keeps on going further and further and wider and wider despite you being so supportive of these policies that actually cause the situation destabilize the situation maybe probably possibly causing further dollar printing in the near future as on last and food prices and things like that start to go up right well this also tells us something remarkable up until maybe a year ago that bottom distribution of money to under $30000.00 would have been 100

percent spent none of it saved at all and that would have increased think so-called bossie of money and the fed could look at the velocity and say you see we're causing growth but now what we're going to find out is that this money printing is not going to increase the velocity of money across the board because even those making under $30000.00 have been educated by the bitcoin cyber hornets' that saving money like what they do in the $1200.00 a $110000000.00 income class is in assets that go up as they print more money is the escape valve as chrystia look our calls it so now the cat's out of the bag now even people who are dirt poor are going to put some of that free money into bitcoin because they realize that the government is trapped in that big quake can only go up in value and that will make the money velocity not go up which will make the government in turn print more money so this is

a beautiful situation where those who are saving money like ben franklin did penny saved is a penny earned suddenly that lesson is written words on a 2cw3cw americans are saying you know what ben was right the fed like franklin said the reason we have the revolutionary war 776 was to get rid of the bank of england that was the primary reason we are 2021 finally understanding that lesson across america coast to coast 330000000 people saving and soon will. and finally i think that data also shows it's quite clear that anybody earning over $60000.00 did not need this for the most part they say they got to continue being paid working from home for and for the most part the those under $30000.00. they had to keep on working and they were mostly the essential frontline workers working in old folks' homes working in the supermarkets working in the meat factories all

those all those sort of jobs that they they are the ones that had to go to work so they didn't also benefit from the enhanced unemployment benefits remember the shoot unemployment benefits that went out to people they'd they were didn't qualify for it because their job stayed open so they couldn't leave so i just think it's like the tyranny of good intentions and ends up sometimes cause exacerbating it's the gap that is the problem not necessarily the absolute number of how much somebody is earning wow all right we're going to take a break and when we come back much more coming your way. change your big great recession. bass sound but what you may need is real liberalism mutating research for

a movie better improved people have any say in any. humanity has never seen such strange natural phenomena before giant coming to us appearing in the open in. one after another. what never about about forgotten you could. get you both you know them does. he want any of. this one appeared in 2020. how often and where will new crisis appear. how dangerous are they for human the slum only you is different than 102021 russian scientists came quite close to working out what's going on. they built a full scale 3 d. model of the black hole.

welcome back to the kaiser report imax keyser time now to turn to a cambridge of the sun exchange full disclosure i am an advisor as well as they now sponsor my weekly podcast a welcome back. to back on the writing now the sun exchange has been around since 2014 but the model is really starting to resonate today in the age of hyper because it is asian which has internal lead to local community of people interested in decentralisation so remind the audience of the basic model of sun exchange such a platform allows anyone to purchase a photo that i don't own life then get and still who aren't serious or factual the sunday markets the users of a sudden alms page to use if you get your teeth that might present

a big point and then said so the motives were what. illiteracy studies and your argument for those living in scotland are seattle where it's often cloudy or rainy why they should buy solar panels for their home when they can buy them in south africa instead and essentially get the same benefit they get solar energy they get solar dollars and it's paid in bitcoin i know that we bought some solar panels to offset our energy costs so we're completely offset now it's all paid for by the sun so this is really anybody in the world who wants solar can get solar by simply buying solar power in africa that's absolutely correct i mean that either is one system so if you are producing if you are consuming electricity. if you all generation so electricity somewhere else you ok to be a net producer of buttressed if you want to see that you can see it is easiest

to now be. electricity for some exchange so if you will as you say that even end up in a flat in scotland or palm one true you may don't even have a roof to put solar panels on and now you can own sun hours in the most optimal place. was a pretty huge social impact because your larry energy costs. over time in emerging markets and moves the thank you letters if you're in south africa is predominantly traditionally very cold 530 electricity is actually thousands of primitive deaths you get a living postcode aspirations so you are transitioning the emerging markets into a clean energy based economy center to say. much the same way that i wasn't presumptuous i in winter finds it and not in south africa offset their introduction so. of cycle research it was so good and i hear so many mainstream economists in

the us common commentators saying oh oh it's bad for the environment but in fact right now 30 percent of decline energy is drawn from renewables like solar and it seems like that numbers are going to go up towards 100 percent a naturally i mean if decline was a country that often is compared to countries energy consumption they're going to go to one of the keenest energy makes his in the world they lock out of because now over a trillion dollars i mean often you get competitive netherlands for example was an energy being that mom counts because he's great in the netherlands of course going to see more lectures to see how tight it will get to have a cup. you may not know so energy is now the cheapest form of energy on the planet and you need to provide it with battery storage systems to have competing uninstructed who rely who electricity at a lower cost than say for example the now so if all of the prices of the rules that

network will transition to treat energy and. and don't forget. that the gentleman that invented the light will disown the white house who liked the guy who invented the call went to work on a horse to create a sort of state half a centralized economy based on some energy and cryptocurrency even how much they're supposed to use to get it won't have to last forever is just breaking some eggs to make that same as a solar panels there and they've been around for a while but it's like any technology there's always innovations in the way things are changing and improving in the last year or 2 what about some of the big solar panel advances or innovations that you've seen maybe thought if they should solar panels getting quite popular so solar panels if cells on both sides of the panel so it can absorb reflected light from a slight breeze through the solar panel reflect back on the back side so that's also preventing the alcoa to surface area and also say some amazing innovations

a muted syrup scientists u.g.c. and if he takes to make a solar panel is now safe less and less than a year to pay back the energy debt it was crazy to manufacture the 1st place a. site very out of date state that when it comes to be embodied energy in the office in my factory a material 'd basis is changing both a stand a small mistake basis you know one of the favorite things that you say i like one of your quotes says are moving from an age of infinite money and finite energy to period of infinite energy and finite money. a little bit about that yeah i mean if you if you if you write it because i might if you would. just invest an 8th of your big point out that into buying sort of i know it's not ideal but you could be the offset to your coefficients. because i believe also that i'm going to

a mechanism which can produce more equations you know. and use of finance more solar panels used to finance more because my i mean the reality is that you can find it small so. if you sort of beat the value of the big quite shocked you can generate about 60 megawatts of of of soapy debt and to electricity our whole place i notice is a titan see that receipt took to create it quick so you're basically creating 8 months and you want it cheap by financing so perhaps that's a quick and also because that means if you're going to 'd put your site where you're consuming beat it out also it states in and out plus you still keep it going that i have other things. so we transition to a solid state economy type based on the silicon and it's the future age is a cylinder and the latest project they are just wrapping up on the platform. giant

blueberry farm assigner stand it it's got an interesting feature of battery battery storage so this is kind of a new thing for you guys the intermittent energy issue is addressed right because you've got a big battery that's giving you energy is it my getting that all correct absolutely right i mean this is a project to last a battery of lithium phosphate battery storage so it's not most folks that she system but it will do is try to test it. 10 years. and and the phone she's currently on has a boat we've got she created and he has access to electricity for 8 hours a day there. that's why today they've been diesel generators the application of soda absolute system. costs by 60 percent well so how completely clean and sober. sober and she says it's just why then and this is this

is a super record of things the rest of. it just happens that the 1st major company that we were at the day this is in zimbabwe through some exchange so this is also the b. movie p. 60 i have an x. and it's a natural and that's the way you get a small point i think the x. against an issue that rich and poor is from the great that's not reach out for the rest loeb is going to talk about he said speaking of the grid so you are started out in south africa is spreading out to other nations in africa the problem in the energy business is transporting it from around because they get a lot of energy lost as it's being piped around in different infrastructure what's great about the sun exchange project is it's basically soft contained right you're you've got a project like a school you hook it up with solar panels and you're in you're not piping in energy

from anywhere else so you don't have any of the problems with all those logistics so this could be and i say also in nigeria and other countries big cowen is becoming huge and it's a way to bring banking to countries that have been cut out of the banking system for decades and you're bring in energy so energy and money are coming to africa the same time as africa i've heard it described as it's about to undergo a major economic boom time on the down on the double edge sword of now reinventing energy and money is that what you're saying 100 percent is what we're saying i mean the energy issues after faces all directly so why some of the energy and financial issues and lack of access to financial to. just in financial services is direct result by because of the details of both technology said by the french light so you do not need to rely on one central to solve those issues which you know provoke insult so people are now taking matters into their own hands so rather than wait

for it a centralized generation of the whole thing with the power plant to transfer electricity to you in remote areas you cannot put up a sudden power plump you no longer need to wait to get your id but to become a solicitor bipartisan efforts you all of your country can know it's going to become well it's you know it's a secret easy have become your back at the computer after our station and yet police are looking at once if us is far more efficient in generating our militant than somewhere a pipe military seat with tremendous transmission losses so you can up and saw the house on the roof of their own facility far more efficient i need your meter alarm essential isolette to trade energy if you can now come out and you can sell it to speak to your neighbors if you had a space exploration time to sell or energy space as it seems to be some overlap including a mosque in the biggest names on the end astray do you see that i forget the photo and i don't mean we know and up to date really came from the developments in the

face set and they need to produce electricity without having to transport few and she was r.c. expendable on the plane with hours from you so you can produce a man in space you've got electricity supply but that technology is now going to go down sent back down to earth and estate refined here on spaceship earth and so no doubt the other future developments that are going on to explore that space are also going to help us here us x. every patient i just don't expect students at the. recycling these systems that we can adapt remains last households and have healthy living environments the soviet the x. 1st space odyssey is what previous humanity to get. it's really really way. different all these come together so it's face actually i mean if you do what you get jokes and that's. what we see. you next am i correct in saying you're going to get an

airship so soon with hydroponically grown vegetables filled with batteries and drones bringing in groceries on a daily basis i'm going to be living in this era ship for an extended period of time maybe that correct yeah i mean people said what are you going to get well i'm going to write. with your little boy. internet truth will set you know last birthday great if you love it and gamers thanks for being on the kaiser report actually i'm not sure it's. going to do it for this edition of kaiser report with me max kaiser stacy herbert want to thank our guest a cambridge of the sun exchange until next time by all. americans love by and homed.

this was a fundamental part of how our political leadership and our country a large understood the bargain you get a hoe and then you know rebel right as the things you don't revolt if you have a stake in the system. the really interesting. and think about the longer deeper history. housings men in the united states not just. a question of the american dream and the bigger question if you dream is for.

to. always be polite never engage with a negative aided or confrontational officer. don't get into any conversation or start answering questions just ask for an attorney. to survive and tear a geisha. definitely don't want to try to jump on cops.