when. president putin receives a russian made a vaccine against covert 19 the kremlin says he's in good spirits and is ready to get back to work. and germany imposes yet another covert lockdown after a surgeon infections while the health minister is caught up in a scandal over a lucrative facemask supply deal. frustrations well over in france britain and beyond over a relentless pandemic restrictions with many saying enough is enough. we no longer know which flu to stand on a little lost a syllable or the fingers you call mistreats 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 it's authentic kevin allen joins us next hour with all the latest right

now it's time for the crimes to report on our. 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 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 a 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 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 and 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. greats and we're going to buy assets could be bitcoin could 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 we're 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 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 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 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

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 in 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 corning so 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 as 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 that 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 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

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 large on a 2cw3w 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 why 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 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 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.

in the trust my current. proposal writes quote down from the down across the political pros bring a preview of or true. i mean you know that employment in the heat is a. person who are beyond you not to compete and you can do not sound like you're president still can always so long and i shared a stupid piece kid. in the beginning but it might be he was. because you know you nationally for cites. that janish. knew all good and i still mean you being a. lawyer get a 6 all extremists all of which i don't know much you could see the fish with holes . in it so of that if you should get a bill be you i gave a review. in the store and. made me a copy of night. and let you know that you

can be born in. israel media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. aura maybe in the shallows.

humanity has never seen such strange natural phenomena before all giant coming to this appearing in the peninsula. one after another. was never about to break up again you prove yourself to get you both you know whom does love with those of you warn me of. this one appeared in 2020. how often. how dangerous for humans. russian scientists came quite close to working out what's going on.

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 it's 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 bit quantization which has internal led to global community of people interested in decentralisation so remind the audience of the basic model of sun exchange such a platform allows anyone to change a photo that i don't own one then guess and still who. say school or fashion. markets the use of a soda noms page to use if you see that receipt that my presence of bitcoin 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 china 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 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 put solar panels up and now you can hours in the most optimal place. as it was a crazy huge social impact because your energy costs. over time in emerging markets and moves aren't you at risk if he ends africa is predominantly traditionally very cold 5 really dirty electricity is actually houses of primitive death you live in 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 mustn't resample is lined with lines and not in south africa offset their introduction so you see a group of 2nd words for he was so good and i hear so many mainstream economists in the us common commentators saying oh

a big 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 often is compared to countries energy consumption big ones go to one of the keys and he makes his the world's i mean they the lockout of because now over a trillion dollars i mean often you get competitive netherlands for example was an energy being. because he's great in the netherlands of course it's going to be more like to see how tight it will get cleaned up because. we may not know that energy is now the cheapest form of energy on the planet and you need to combine it with battery storage systems to have competing uninstructed who rely who electricity at low cost say for example even now so it's always the prices are who the network will transition to treat energy and don't forget. that the jettison

that invented the life of the so the white house who liked the guy who invented the call went to work on a host. 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 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 solar panels are getting quite popular so solar panels if that. it's on both sides of the pallet so it can absorb reflected light from a slight breeze through the solar panel reflect back on the backside so that's also preventing the alcoa to 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 from less than a year to pay back the energy debt it was crazy to manufacture the 1st place i think. to cite very out of date states that when it comes to be embodied energy as the office in my factory a material basis is changing though space think they can almost daily basis you know one of the favorite things that you say i like one of your quotes says are moving from an age of end for that money and finite energy 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 so good you can be offset to your commissions through she said because i believe also that i'm going to a mechanism which can produce more requests you know. just the 4 big questions and

use of finance more so parents used to finance more because my i mean the reality is that you can finance more all. that and it sort of beat the value of the big quite shocked you can generate about 60 megawatts of 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 8 months more energy. by financing so perhaps that's because i can also because that means if you're going to 'd your site where you're consuming wheat there we are also it states in and out plus 20 because i have other things. so we transition to a solid state company 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 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 right i mean this is a 1st project or last a battery lithium phosphate battery storage so it's not the most votes but she system but it will do is try to test it. and yes. and and the farm which is currently huma zimbabwe that 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 can he actually answer. so you better suits to cry than an idiot so this is this is a super record of things the rest of. it just happens to the best major company we

were at the day 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 x. against an issue that rich and poor is 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 great about the sun exchange project is it's basically soft untamed right you're you've got a project like a school all 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 see 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 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 africa face it's all directly so why so many and financial issues and lack of access to financial to. judicial financial services is direct result by big quite of the details of both technology said by the french light so you do not need to rely on and 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 it a centralized generation to few with the power plant to transfer electricity to you

in remote areas you cannot put up such a plump you no longer need to wait to get your id but could 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 forms of use is far more efficient in generating our militant than somewhere i've military seat at with tremendous transmission losses so you can up and so 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 see if you make as 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 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

few as r.c. expendable on the planet so hours from you to preserve the time and space you've got electricity supply that technology is now going to go down sent back down to earth and 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 at every patient i just don't expect students at the. recycling these systems that we can adapt brains last households and have healthy living environments and soviet the extra space also gives what previous humanity to get. it's really really way. different pieces come together so it's face actually i maybe do well to get votes and that's. what we see in south side and in the next i'm i correct in saying 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 is that correct yeah i mean people said what are you going to get well i'm going to eat right let's eat so power shifts we can get a little bored. internet truth will set you know last birthday great if you love it and gamers thanks for being on the kaiser report thanks very much. and i was going to do it for this edition of kaiser report with me max kaiser stacy herbert want to thank our guest cambridge other son exchange until next time by. during the trump administration the u.s. agreed to leave afghanistan by may 1st the biden ministration is wavering over this commitment they claim the conditions on the ground are not favorable for withdrawal this begs the question what can be done now that has not been tried for the past 20 .