a fight every day to meet your needs and the needs of your family. me he's really opposition. leader tells the president he can form a coalition government. it could see benyamin. netanyahu replaced our prime minister for the 1st time in 12 years. also i had the governor of the us state of texas slammed joe biden for what he says are reckless open border policies that as sewing numbers of illegal migrants flooded the states frontier with mexico st. petersburg international economic form has kicked off and it is the 1st large scale business event to take place across the world since the outbreak of the pen demik. those are your headlines. i'll be back into another hour with another look. watch my international stay was

the hi, i'm ash kaiser. this is because report, hey, i will kick off summer solutions every summer. we talk about the solutions and instead of dwelling on the problems, you know, we got answers. we've got solutions, stacy max, well, i'll show you a problem and why bitcoin fixed as this, why bitcoin was the solution. it is the ultimate solution that fixes many things as you and i have discussed for the past 10 years. but it's becoming more and more obvious why. well, you know, kim car dash, and she's an advisor to many politicians and presidents and sort of that sort of thing with her. various quips on social media and meetings with presidents as well . she had said something which i realize that maybe central banks may have been paying attention to. and why are problems persist?

she had said, if you can fix a problem with money, it's not really a problem 10th. they keep throwing money at our problems and they don't disappear because that was never good advice, right? you just can't throw money at a problem and make it disappear. so i right, the printing will continue until morale improves. you know, this is the fax style thinking of an in the celebrity, concatenated out of the imagination of a network executive who got really bored one day and decided that they didn't want to pay for talent. they were going to print money and create a celebrity. and then pump that up with more, not only money, but other things. pump it up, you've got to pump it up, right? kim and the, the bigger the pump, the bigger the celebrity and the more money printing that's happened. and the result is what we call the k recovery, k shaped recovery. massive billionaires versus entrenched on class and poverty in

america. thanks kim. she did, of course, pump up hurt. i'm hoping people compet on sounds. are there the pump? pump it up. he's got to pump it up, you know, some guys like them, some guys like that. we're going to get to the hampton in the 2nd half. and that's the sort of thing you see in the hamptons as well. but you know, when summer solutions started a few years ago, one thing that was often talked about by the life of micro hudson and steve keen was a debt jubilee. and of course a debt jubilee. wiping out the debts of the debtors, basically annihilates like it hurts the creditors. i, the wall street banks, the private equity that hedge funds, all the elite that never happened to what we're seeing today, instead of the result they've made the choice. joe biden is there to deliver the choice. you know, he's always been a spokesperson, essentially, for, you know, a politician for the credit card industry, which is the pinnacle in terms of can tell an effect that we've talked about that

the elite get 0 percent money, or one percent money. the smocks and the deplorable get 20 percent money on their credit cards, right? credit on their credit cards. so, i mean, everybody is now talking even central bankers are talking about inflation, perhaps hyperinflation coming. so in a way i'm considering this, what we see in a crypto currency markets, i money that's not as good as bitcoin. what you see is a thing called a rug pole. so this hyperinflation is a rug pole. they're like destroy, they're basically pumping this up. they have the assets which are real assets, hard assets like property, land, more deeply on ease and to often talk about gold bitcoin, they, the wealthy and the elite have these things, and that is going to go up and value while they're pulling the rug under the u. s. dollar, and we've seen that, as we've mentioned with the i m f talking about a new britain was coming and that w e f talking about a great reset. so i'll tell you what a rug pull is just in case you don't know

a rogue pull is a malicious maneuver and the crypto currency industry, where crypto developers abandon a project and run away with investors funds abandon the project right exits down. you know, the, the biggest negative scam is ether and then there's this other one cardon. now these are exit scans and are rug polls and x r p r e long walk did a rug full with dose recently. he, when i started that live and pumped the price like him, carnations, ashy and, and then did a rope bull. so it's the cheap, cheap mans version of a ponzi scheme. i mean, bernie man made off manage to keep a legitimate ponzi scheme going for many years. these a long walk style. rog, polls are cheap imitations. well, those are crypto currencies. what i want to really focus on is that, you know, the entire crypto market, including bitcoin, was like $2300000000.00, the entire us dollar market in terms of all the derivatives, all the credit,

all the debt, all the cash is quadrillion. so here they're doing a rug pole, they're abandoning the project called the us dollar as a reserve currency as the grid of the global internet of the global economy. so you're seeing that you're seeing them, that's why you're seeing them talking about the great reset. that's why you see them talking about a new bretton woods. that's why you see them printing like this. that's why you see joe biden putting forth a 6 trillion dollar budget. this is a rug bowl there, rug pulling the rug bit quick fixes this. this is what we've been saying for 10 years, right? right. the us dollar is the ultimate rock, paul. like anytime you move off the gold standard, you're talking about a policy game by definition, because you've got to keep printing to keep the base of the policy going. and to pay off the early investors with printing more money. and that's the ultimate policy game of the us dollar on the ultimate rog, paul, or trap door or exit scam is the us dollar and

a lot of people it and they're positioning themselves ahead of it. bitcoin does fix this because it brings back the equivalent of a gold standard, but it's much better than a gold standard. and the results will be quite dramatic and this is all building up toward maybe july 4th. we'll see some epic kind of collapse in the dollar, which would be very kind of a big pageant. wouldn't it be great, be the fireworks american flag and the us dollar rug pole month could be fantastic . rug pulled on the 4th of july. yes, that could be happening and you know what, you know, i think bitcoin forced their hand to do the exit scam. now, on the 50th birthday of the us dollar as an all fee out reserve standard, we're going to hearken back. we're going to look back at the quote from frederick. hi eric. now frederick. hi. it was around during the last transition from an empire . you know, the last set of these trap we saw and the last collapse of

a reserve currency, which was the british pound at the time and wrote the road to serfdom. but he said something interesting back in 1984. 2 and this is a quote from read it thread of bitcoin. i don't believe we shall ever have a good money again before we take the thing out of the hands of government. that is, we can't take it violently out of the hands of government. all we can do is by from fly round about way introduce something that they can't stop. so i'm going to then from there hike in 1984. turn to what jason firm in. recently was quoted as saying now jason firm with an economic advisor to barret obama. and at that time, of course, max and stacy were also 1st starting here on kaiser report in 2009 during the financial crisis. and they missed the opportunity, as we said, to kill bitcoin at that time. jason fermon, i wish we had smothered this,

meaning bitcoin a decade ago before it grew into a 2 trillion dollar monster. digital currencies are all cons and no pros, environment, crime, taking advantage of unaware investors, if they had any use at all. we could debate it, but they don't have any use at all. right, right, so the high call is very famous quote, and bitcoin does satisfy what he talks about in that quote. and that the only way you could separate the state for money is through thumb. why kind of mirage or something that went unnoticed? and that's exactly what happened with big point, and now we've got a separation of state of money. the 2nd call refers to the fact that at the 1st few months, because bert there would have been a, a moment of time maybe where the state could have done something to stop it. but it was, it never bid. and now it's hid, escape velocity. and now every central bank of the world is going to go under every nation state will have to be reorganized around the fact that people now have their

own. well, that's uncommon, scalable. it's immutable. you can censor it even, you know, going back to when we were recovering this in the early days in 2009 there was talk about allowing wiki leaks to accept big coin. but to toshi, the famous originator wrote in his now it's that he thought it would draw too much attention to bitcoin. so they did not overtly of allow for wiki lakes to go into big point, even though they were being censored by credit card companies and pay pal at that time. well, he says as well, that big quinn has no use at all, whereas it provides the use case of a store value and confiscated both store value on sensible store value for billions of people around the world. and on top of that, it provides incentives. it is more capitalist in terms of allocated capital,

you don't want to, you don't want to just allocate your precious bitcoin on dumb stuff and dumb investments like we've seen as the money printing continues, because morale does not improve enough. in fact, what we've seen is an increase in mortality rates outside even the pandemic. what we've seen as an opiate overdoses. the preliminary numbers for last year, as they, they were close 290000 opioid overdose, is in the u. s. versus like 70000 the year before. so there is a big increases in depth of despair under what he thinks is the better system of printing money, which is causing the wealth and income. gout. what pick i provides for everybody on earth for the 1st time. true private property, it gives property rights private property rights to individuals in a way that's never, ever, ever, ever, ever been available before. up until big coin it was agreed between the state and

the people that certain rights would be a bait. and in every single case, going back of 2000 years, every single state has violated those rights and stolen people's property. and america is no different today. they're overtly stealing americans property by the hundreds of billions and trillions and it's very fat. but big coin allows mentally, americans and europeans, but africans and asians, and south americans. my people in mexico, mexico city right on the la mexico property rights for the 1st time ever therefore obviating the need for the state and obviously killing the need for any central bank. right? if you can fix the problem with money, it's not really a problem. you could fix these problems with big coin money, but the fact is that the us dollar is not, no few out currency is money. let me correct your quote. it quote, generate, if you can fix it with money, it's not really a problem. the quote to be accurate rate if you can fix it with money,

it's not really money. exactly, exactly, exactly. so the incentive structures, the, the look at what we're witnessing now as they're printing more and more money. we're seeing these just not only prices gapping up, but shortages exploding all over and here's from barren 10 ways. the cash in on the shortage of just about everything. america's chicken sandwich war has to combat and scrambling for supplies. breast prices have doubled the sea for chick fil a has run low on floss, burger king has had pickle problems, jars, not cucumbers are hard to come by and isolate a supply squeeze anyone who's building or remodeling a home or buying or renting a car. stocking up on pool, florine or dog food knows better in the land of plenty. there suddenly seems to be in everything. shortage. right? the breath applies. right. shortage is not also a reference to kim car. all right, we're going to take a break and when we come back more,

the me ah, well, the panoramic know borders and the blind to nationalities as emerge. we don't have authority. we go to the back seen the whole world, leads to take action and be ready. people are judge, you know, crisis and we can do better, we should be better. everyone is contributing each in their own way. but we also know that this crisis will not go on forever. the challenge is paid for the response has been massive. so many good people are helping us. it makes it feel

very proud that we are together in the i i use me the me. yeah, well,

we're back. this is because a report, some are solutions. my name is max kaiser. i'm here with stacy herbert. right, so we were talking about shortages and the 1st half. i want to talk about over supply in the 2nd half and how money i the confusion of fee money with money and how it costs an oversupply. well, it cause an over supply of the elite over production of the elite. we've covered this before that the concept made popular by peter church, and i believe he's at wesleyan and connecticut university. so as we've been printing all this money, remember the printing of the money is in order to fix the problem of the pandemic lockdown and the wealth gap. remember, that's what they say. that's why they're printed all that money, the trillions of dollars, and they expanded on the feds balance sheet. but also the government debt, you know, the treasury print to the whole bunch of bonds to send to people. well,

billionaire wealth, reaching 20 percent of g d, p risk of overheating, says gabriel's workman. and his research, this is just looking at the u. s. other, all countries are similarly bad, but in the u. s. as the center of the empire, right, well, the top 400 wealthiest americans is now close to 20 percent of g d. p. it started at the pandemic at 15 percent. so as you see, it's gapping up. it's considered. b kind of a racist to say, or you know, evil to say that you, there was a good time in america that a few decades ago things might have been better. obviously things were worse and in many ways for women, for black markins. but if you look at what they were aiming for, what they're really talking about when people are talking about when america was great, look at this back in 1980. when we were teenagers,

i'm entering the workforce. the top $400.00 families owned, less than 3 percent of us to pay. so that's what people are talking about. you can call it anything else, like, you know that your sexist, if you, if you are against 20 percent of the g, d p, that the top 400 families have. or you can say, well, you know, this is an economic structure that is ruining the country and the world like the financial system is ruining the world. right? well that number of 20 percent of america cdp now is billionaires is going to go to 100 percent because that's called feudalism. and this is neil feudalism. and we've been saying this for at least 5 years. that the money printing, because it doesn't go through the economy, it goes right into the pockets of the billionaires. remember, you can clearly see that through the money velocity number, which keeps going down to 0 because the money doesn't get circulated exist, goes into the pockets of the near futile class. and so it's going to go to 100

percent because it's politically everyone's been disenfranchised. you know, they're the political machinations, the, the politics of representational government have been dismantled, they've been destroyed by design by the billionaires. right. so the reason my big point is i tend to $1000.00 a coin is because it's showing that the us dollar another fee or money are already in hyper inflationary collapse against big coin the only way anyone is going to survive the near utilization of this economy. in america around the world is through on confiscated bitcoin. yes, there will be an incredibly difficult time dead ahead because we're entering into the 4th turning meets kind of like the jim jones massacre. if you remember that from the eighty's and going back to the gym, jo, look that up kids the jim jones massacre where we come up with the expression. oh, i'm drinking the koolaid. new little research hour that comes from. so you've got

jim jones maced, the 4th turning meets, jamie diamond, meets goldman sachs. he put out altogether, give it a shake, and that's what they're asking us to drink. well, combine all of those into the hamptons, because i'm going to predict that that will be the hot spot of this problem, of the over production of the elite. because what peter church and argues, and what we've covered here on the case report is that when there are too many elite and the, you know, the pie is fixed in terms of how much a graft that you can take from the taxpayer and bailouts and free money from the taxpayer, they start going at each other. and one of the classic examples of that is steve bannon, who is an elite, who went to elite universities, was a multi multi millionaire. and he turns against a lead. so you'll have more of that. you had that in the french revolution period when the leads are starting to turn on each other. so here is the conflict in the

hamptons building up. and we've been following this because maxima go out to montauk, which is past the hamptons. it's considered more like real the fishermen, so they are working all year long and stuff like that. but they're running out of room in the hamptons, and those elite of the hampton south hampton sag harbor, east hampton, m. against that, they're pushing out into montague surf lodge, preparing to turn people away, as hampton's summer ramps up. after a pandemic slow down the hampton or heating up again for this summer was sold out, hotels packed rentals, unless helicopters and sky high prices, and just about everything hotspot, surf, lodge. montauk is so worried about the crowds. they're asking people to please stay away. this is again, fatalism. everybody had to build their own castle higher their own army. if you're going to be found. the police, of course, the liberal dates are all about the finding the police to satisfy their oligarchy, masters at comcast. they're gonna have to hire their own police force. and so

they'll go to war with each other on east hampton beach or something like that. they'll be like, the baldwin's militia will be scoring off against the pearlman's militia. and you know, some other may be carl icons, militia and, and steven spielberg's militia will meet on hampton beach and noah and al reengage and do battle with each other with slang shots, arrows and copyright law, saying, i own the rights to this battle. no, i own the rights of this battle. i just sold h b o. i'm making a mini series on the star. so be like, disney meets patton. right. so can be walt disney maids, colicky la in the hamptons this summer, coming soon to h b l. right, well that sounds like a good series, of course there was a series called the and which is based out in montauk. so as you see there all i've

working class out there, they were as and now you're seeing conflict. if you go on the facebook page of the launch page is there, like these hamptons do better, stay out. but there, you know, there's just too many elite and the exclusive entry into the exclusive schools. you saw that with the whole, you know, parents, bribing officials to get into schools thing. now you're seeing it with these elite venues like the surf lodge where the likes to just be burned. stuff hang out when they're there in town. it's just at the edge of montauk and hampton, so it's like acceptable to have some of them in there, but they're pushing in. so you're seeing conflict. you know, it may, may also think of a course we have a lead over production and saudi arabia, right? there's like 7000 princes and declining oil supply, so you have more and more princes to feed and palaces, to build and jets, to give them. and what happens, what did we see in the last few years when prince, all while lead, was hung by his feet and the ritz of course, and the red in,

in riyadh. yeah, it's coming to the crab jack in the hamptons this week, and billing ourselves suspended by their ankles and being whipped by their agents in an attempt to get even more work. in this new h be a series called gala. me, walt disney's version of the sound of music as told by those who have been weaned on fresh milk from the use that they keep on the farm. we couldn't see that if they tried to venture out as far as gurneys or like guardsmen. montague, if you get out to governments like your, your real day, you need a pied piper who arrives what the fee of money pied piper pipe, and then all the billionaires march into the sea and drown in that would be, i think the story i'm going to write is showtime presents the pied piper of the hampton's watch. 30000000000000 errors march into the sea and drown day is say,

well, it's certainly going to be high. i believe out in the hamptons, as the conflicts emerge between the, all the entitled to very entitled karen's who feel like they deserve, you know, all the money that was printed and given to them that they deserve something exclusive with that. but what they're noticing is that more and more people were actually given money by the fed, and that they're having to compete now for space and live like a deplorable. so you know that if everyone's billing or the nobody's ability. exactly, that's from saying is this is it's getting to that point where they're starting to realize that hey, i remember when having, you know, 20000000000 dollars was like made me ron perlman, king of the hamptons. now it's like every schmuck in town, like starz, starz of only fans, buying holy fans star have you there. they're buying multi $1000000.00 flats. hampton's for shaking their booty on only fans. right. so how do you person an academy award winning actor? who's got his fingers and kim car dashing the span backs, can it by,

by this in just yes, well we have a whole bunch of more boon dogs coming up to possibly make you even more exclusive to be able to offer like a 100000000000 for, for the apartment, the house on the beach that the only fan stars are competing with. you know, so we have the 6 trillion dollar budget that buy it and has it, has planned. there is no, there is no plan to abolish the death of the student debt. remember, he could use that to get into office about the rug ball. that's a wrong fall bite and king of the rug balls. debt forgiveness. rog pull, you know, universal health care. rog, pool. there's jimmy door on his show. every chronicling jo, biden's, rugged pole, and then the young turks are of they're like, oh my don't know what a daughter was. there were so silly as run home, of course, but i can be wrong. paul. he's got markins on his eyebrows. but so in the last

minute and a half year, we're going to say like we're heading into the summer solutions, we're going to do a few episodes coming up. and then we'll take a break returned to normal programming. and then we're going to do some more summer solutions as the summer goes on. but obviously big quin fixes s and fixes all the problems because you fix the money fix all that economic and monetary problems. you fix the billionaire thing like the, the problems of the billionaires max of movie sees them all, run it, go into the sea, but i think the coin is a, is a more peaceful way to just like that's, that's the end of the 1st act is just like bitcoin fix is that, and that's over f like that will be the 1st feature films i want to act. but we have, you know, we have james howard culture coming up. we have marshall our back and we have tyson slocum. and the interesting thing is that they were all in our series called front running and the front running series was looking at what the democratic candidates for president were proposing at that time. and they all seem really radical really

crazy ideas. like m m t, u b i, debt forgiveness and all that sort of stuff. hyperinflation wasn't one of the solutions that was on offer, but that seems to be the solution that joe biden is, has introduced. and we think it's a bad solution because it's a better solution. he seems to heart and have a like deep longing for the 70 is. that's where he started his career and maybe that's where he was. pump it up, a pump it up, joe. pump beta a what that's going to do for this special summer solutions entree with the bankers, max kaiser and the desert safety harbor. if you enjoyed this feast states in the other episodes coming your way in full, then by all the, the, me ah, ah,

my local bank and they wanted me to get me up and i gotta go through the the or up and kiss him. you can reach out to me on, i gotta get my, don't get a get. we'll put it on the show to wait for the meeting id. really lucky then this is me, guided by little by now and then the last guy's name, my last name. what are,

what are the what is the future of the republican party? is that future something donald trump will decide? critics of the g o p say it is no longer a political party, rather, it is a call. a personality called focused on trump. is this a winning strategy for the g o p? me, an entire village in alaska has had to move. if another country threaten to wipe out in america. we do everything on our part a project in today escaping climate change poses the same threat right now. alaska has seen some of the fastest coastal erosion in the world. we lost about 3535 feet of ground in just about 3 months while we were measuring is fatty. and that means the river is 35.