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tv   Keiser Report  RT  March 23, 2021 12:30pm-1:01pm EDT

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yes a short time ago i spoke with donnie donnelly the former israeli ambassador to the united nations he thinks that despite all the public doubts over netanyahu there's no other likely went on the way to looks now it seems that there would be a maturity for the prime minister of the gospel it's very good but he will have a slim majority of the women one senior folks who we can tell you already before we got to that the majority of the paladin to be concerned with how he could be a good shifted to the right by the within the conservative movement you have and i think the small about these that are not willing to cooperate with the 5 in this so the question is what do we do right after the election when they put the pistol not the thoughts aside and join the government or that we stay in a position of the left obviously netanyahu has already been in power longer than any other leader in israeli history and it basically so some would say he has been a polarizing figure we have seen $38.00 weeks of protests against him so is it
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perhaps a time to change would another leader perhaps have a better chance of i don't know striking a deal with the other parties to form a coalition that's an amazing question and that's exactly what the siding to be going to the course more than 70 percent of its way to. go read and they would decide about that whether the one prime minister to continue after the feat used in office oh they want to change and i think we should accept the order in even those who don't like it by mr demonstrated if they lose the big golds and not allowed to continue. in the next few years. it's been a pleasure having you with us today for your news here on r.t. international my colleague called him bray is here in about 29 minutes time hope you can join us.
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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 pence 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 kaiser for em in that very very poor way he said it investing and bongs 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
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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 dahlia recommends a well diversified portfolio of non debt and non dollar assets the jig is up 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 head fund or michael
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saylor of micro strategy are saying you know what we're not go play the game anymore we're actually going to borrow money at these are incredibly cheap. prates 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 dahlias the biggest has 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
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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's right 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 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
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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 payment 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 or worse my money remember this is the 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
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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 the far 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 in negative return of
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my pond 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 fee out money is down 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 corning some micro strategies c.e.o.
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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 ray dally 0 is doing so readout leo is saying he's borrowing to invest and real assets because he sees by them. 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 bank of america does so then they pour it into like 400000000000 is
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going out in this last week and 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 will pay down debt or their own best that's 53 percent versus the highest people earning $120000.00
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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 biden to give these $1400.36 for children under 6 and all this stuff but it turns out there are they made sure they're getting the money too and it's not it's all
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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 right 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 rast 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
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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 are 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 calling 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
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saved is a penny earned suddenly that lesson is written words on a 2cw3cw americans are saying you know what ben was right at 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 saving the all. 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 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 the all those sort of jobs that they they are the ones that had to go to work so they didn't also
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benefit from the enhanced unemployment benefits remember that she unemployment benefits that went out to people they didn't qualify for it because their job stayed open so they couldn't leave so i just think it's like that tyranny of good intentions and ends up sometimes 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. welcome
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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 pretty bad because of 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 big quantization which has internal lead to global community of people interested in decentralisation so remind the audience of the basic model of sun exchange such a platform how was. to purchase a photo. then guess and still who aren't serious or factual the sunday
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markets the users of a sudden alms page that you. see that my presence 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 open either one system so if you are producing if you are consuming
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electricity. if you all generation so electricity somewhere else you ought to be a net producer 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 you can end up in a flat in scotland or. you may don't even have a roof you've got solar power and now you can hours in the most optimal place. as it was a crazy huge social impact if you're larry energy costs. over time in emerging markets and more thank you letter 50 in south africa is predominantly traditional very cold 5 really dirty 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 the 2nd ballen. much the same way that i
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mustn't for example if i am winter winds and not in south africa offset every inch option so he could of cycle risk if he was so good and i hear so many mainstream economists in the us common commentators saying oh a big point is 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 number is going to go up towards 100 percent a naturally i mean if decline was a country that it often is compared to countries energy consumption they're going to go one of the keys and he makes his way to the worlds and they don't knock out of because now over a trillion dollars i mean often you get competitive netherlands for example was an energy being mom kathy griffin the necklace of course is going to be more like to see how tight it will get cleaner because. we may not know that energy
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is now the cheapest form of energy on the planet and you need to combine it with battery storage systems to have competing uninterrupted who rely who electricity at low cost say for example the now so it's always the price of the rules that network will transition to clean energy and don't forget. that the gentleman that invented the light will disown the white house like the guy who invented the car with some work on a horse see create a sort of state half a decentralized economy based on some energy and cryptocurrency even how much they're supposed to use to get it won't have lost her is just breaking some x. 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 they thought if they should so positive and by popular so solar panels they felt. it's on both sides of the pilot
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so it can absorb reflected light from a slight breeze through this on the panel reflect back on the backside so that's also preventing the alcoa surface area and also has a still amazing innovations a muted syrup scientists u.g.c. and he takes to make a solar panel is now takes 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 basis changing though space junk they can almost bassists you know one of the favorite things that you say i like one of your quotes says are moving from an age of n. for that 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 ride a big white knight if you upset or just invest an 8th of your big point out that
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into buying so i know it's not anybody to be the offset to your commissions. because i believe also that i'm going to a mechanism which can produce more requests you know. and use of finance more solar panels because definable because my i mean the reality is that you can find a small power. that sort of people who value the quite shocked who can generate about 60 megawatts of of soapy debt and get electricity out of whole place i notice is a titan see that receipt took to create it quick so you're basically creating more and cheap by financing so perhaps that's because i can also go that means if you're going to put your site where you are consuming wheat we are also it states in and out plus because i have other things. so we do transition to
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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 sun exchange platform. giant blueberry pharmacy i understand that 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 cracked and absolutely right i mean this is a project to last a battery of lithium phosphate battery storage so it's not most folks that your system but it will do is try to test it. 10 years after you and and the phone she's currently on has a boat we got she created and he has access to electricity for 8 hours a day there. today they could easily generate says the application of soda absolute
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system. costs by 60 percent well so how completely clean and sober. sober and she says to to try that energy so this is this is a super record of things the rest of. it just happens to the best baby come to this is in zimbabwe through some exchange so this is also the b. movie piece of mystique i have about x. . it's unnatural and that's the way you get a small point i think the acts against an issue degrade and it portrays you from the great us not reach out for the rest of us going to that 6 o'clock where 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 you get a lot of energy lost as it's being piped around in different infrastructure what's
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great about the sun exchange project is it's basically soft contained right you're you've got a project like us call you hook it up with solar panels and you're in you're not piping in energy from anywhere else say don't have any the problems with all those logistics so this could be and i say also 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 bringing 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 edged 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 could. judicial financial services is reconcile by because of the details of both technology said by the french light so
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you do not need to rely on one central to solve those issues which we know have not yet insult so people are now taking matters into their own hands so rather than wait for a a centralized generation to few with out plan to transfer electricity to you in remote areas you can opt out of such a plump you no longer need to wait to get your id could become a felicitous i purchased it now perhaps 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 heater alarmist centralized so let's enter to trade energy if you can now come out and you can sell it to speak to your neighbors if you have
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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 yeah i need to get the photos i don't need 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 to preserve the time and space you've got electricity supply that technology is now going down to back down to earth and a state 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 environment soviet the experts say is also useful previous humanity to get. it's really really way. different all these come together so it's face actually i mean if you do well
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together sort of unfolds and that's. what we see and sounds. ok next time i cracked and sang you're going to get an airship 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 for an extended period of time maybe that correct yeah i mean people say what are you going to get well i'm going to. show the power with your little boy. internet you know last birthday great if you love it and gamers thanks for being on the kaiser report thanks very much are. going to do it for this edition of kaiser report with may max kaiser and stacy herbert want to thank our guest a cambridge of the sun exchange until next time by al. so what we've got to do is identify the threats that we have it's crazy. let it be
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an arms race in this spearing dramatic development the only really i'm going to resist i don't see how that strategy will be successful very critical time to sit down and talk. the world is driven by shaped. thinks. week to ask.
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germany imposes get another coded lockdown offer a surge in infections while the health minister is caught up in a scandal over a lucrative facemask supply deal. prostrations boil over in france britain and beyond i have a relentless pandemic restrictions with many saying enough is enough. we are not we have spread out we no longer know which flu to stand on we are a little lost the soul of the other big thing you call on the streets life so much we are here in castle today because all the measures that are being taken here in germany no longer serve the people. of the russian foreign minister says moscow is no longer able to maintain meaningful relations with the e.u. as an organization after a series of snubs from brussels.

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