saying like we're helping all the people of america, so they get $85000000000.00 worth of equipment. the taliban. remember the rent moratorium? well, we paid the rent. we were, we allocated funds for the rent and never made it there of course. but 47000000000, that was 85000000000. this is pretty substantial. they want to tax crypt crypto for $30000000000.00 over 10 years. so you know, this is just show you the 5 how much, how much gear we gave the taliban. it's all about proximity. and as we've talked about before, the can tell an effect. if you're close to the central bank, you get the money 1st and you get to put it into things like assets and then as the money worked its way through the economy, those assets go up a lot. and this is how the wealth and income gap is created, but there's also the proximity of the military, right? the joint chiefs of staff and the general, they are right there in the white house. so they're all day long talking to congress people and they're talking to the media and they're talking to president,

give me more money, get my money. they don't say why they want more money. they have no mission. they have no purpose. they have no agenda. they have no plan, but proximity to the money makes it easier to get lots of money. of course, they pay themselves lots of money and there's no richer zip code in america than the ones around the military industrial complex and washington d. c. thanks to all the money they get because of the proximity, they are to the money. and then when catastrophe happens, they just walk away and say, you know, speaking of the white house and the military industrial complex in the white house, lieutenant general michael flynn was on the white house. he served under obama and then sir, for a few days under trump, he was the head of the counterterrorism. enough canister on an air act under obama . so he was there allocating a lot of these resources messing up a lot of these resources. but this is an important story because this is like senior senior senior guy connected guy, military guy, you know, and listen to this breaking chase. bank councils is credit card accounts with

gentle when citing possible reputational risk to their company. in case there was any doubt about what is happening in this country and it says we are closing your credit cards. after careful consideration, we decided to close your credit cards on september 18th, 2021. because continuing the relationship creates possible reputation on risk to our company. the letter allegedly says, and on top of this, the daily mail did cover it and they say, chase, send a letter to general flint wife telling her they're cancelling her card because she's a reputation or risk to the bank. them backtracks and claims. it was an error, and this is all coming from general flynn and his wife. so just bear that mind. but nevertheless, this is what we said here on kaiser for a few years ago as 3 or 4 years ago. we said once china introduced their social credit score, that it would be coming to america. and if you think that you jo bag,

it don't sitting out there and you're so folks working from home is going to somehow be immune from this. like if they're doing it to somebody like this. sure, general plan is a bit wacky, but the fact is like he is a powerful guy by chase. chase bank. we mean j. p. morgan chase? yes. from by jamie diamond. course, jamie diamond. hey bitcoin. and now we know why, because we're quaint account sensor, our transaction, big for political means for lens cho, back over there at the bank chase. he can censor general f one by cutting them off from his credit card, which is a form of censorship, which is violation of the 1st amendment, right? freedom of speech. so it's at the constitutional is breaking the law. jamie diamond again, remember he's paid hundreds of millions, a few billions of dollars because he's been a receipt of his law breaker for years now. and that's is, that's his party trick. when he shows up somewhere and the hamptons are new york, they say, hey jamie, hi and nice to see again. jimmy here can spell backwards. what can you do?

i can commit fraud, and i have to pay a small fine, fair. just pay my slip a $1000000000.00 from committing fraud. i'm jamie diamond reporting trick. right. well, unfortunately, when you undermine the country like that, the country is going to go into the garbage. jamie diamond party trick is, i'll just show you this simple google search. what it gave up just for the past year. if you search for j. p. morgan, and that is j. p. morgan to pay $920000000.00 fine for manipulating precious metals . that was september 29th, 2020. and on november 24th 2020 us regulator. find j. p. morgan chase $250000000.00 for fail. oh, all the one point. $2000000000.00 and $5.00. yeah. ok. he gets away with it because the government relies on jamie to do things like sensor general friends in overt action of political corruption. mo burt political corruption,

the kind that the us says that they invade countries to stop or we're going to invest this country and spend billions. we don't feel that going through. we need to protect the women of the babies. oh, here's a guy is openly corrupt and spending billions and stealing and sensory and breaking the law. but he's all we look jamie. oh, we love jamie. well, of course we do have censorship resistant money now which is bitcoin. but in terms of this, obviously it's a hyper partisan sort of environment, especially right now in the united states where we're observing. and there are a lot of people under this article and they're really happy like house the country is super happy and think so should happen. yes, so say people will look at china's say that's who knows, like if you can just observe other countries who, what would be tolerated their own, maybe that would provide some more understanding nevertheless, like in this situation. so if indeed, general plan is a risk to their reputation, how about his water company or his phone company?

his gas company providing heat for us has the electricity. why, how about clothing? should he have any clothes like what it, why should he be able to wear any brands? right? like where does a stop, what? what's the end of this road of the social credit score? it doesn't stop day now it's just slippery slope and every utility, every interface he has with the economy is subject now to be terminated on a whim for political reasons and to be completely corrupt. and it is like the chinese social credit score. and if you comply with the state and you are part of the collective and you have your little green jacket in your little red mal book, then you'll be allowed to get a protein pell and survive and other 6 hours. if you want to express your rights under the constitution of the bill of rights, you're considered by this government that's running the show here in america today as an enemy of the states. the constitution has been outlawed in america. and i think the people who share that on are the same people are going to come crying to

the big coin earth and saying i can't afford my bread anymore because the inflation because of all the money printing by jamie diamond to bail out all his friends and i can eat and i'm starving. and of course my answer to them will be ha, well this sort of authoritarianism and the mindset is setting in just like the mindset of inflation. the principles don't actually matter. so let's look at a headline from may 2021 china. the social credit system ranks citizens and punishes them, were throttled internet speeds and flight bands of the communist party teams. them untrustworthy people be punished if they drive badly by too many video games or steel. it's not yet a unified nationwide system, but china plans on eventually making it mandatory for everyone in their own documents of 20142015 when they release as they say, this is in order to you know, to, to buy by the principles of the socialism and communism whereas everybody knows like

they're not even communist the communists are socialists, right? they're over capitalist. that's because there is no i id, ology of communism. behind this they might call themselves a communist party and you have to pledge allegiance the communist party. but there is no communist party for real. and yeah, you got like a history, china, they have a long or a long, multi 100 year, a 1000 year tradition of entrepreneurs building up the economy. and then the state coming in and destroying it and shooting itself on the foot, south entrepreneurs in the ninety's and the 2 thousands built up the economy in a strong way. so we can, i'm, i'm sure that china will kind of shoot itself in the foot. i'm more concerned with the u. s. torching the consultation. that seems to be a more pressing problem. we're following them as we warned like when china 1st analysis that we suggested based on what we're observing on the cable news that the demand for a similar situation would be here in america. and sure enough the d platforming

started accelerating. so the did monetization. and now cutting people off from financial services. so let's look what they do in china as well. and how you could imagine that here with negative interest rates and cbc is coming. well, other potential punishable offenses include spending too long playing video games, wasting money on frivolous purchases and posting on social media. what happens when j powell decides that your purchases are frivolous that month and he like, take some out of your c, b c account. you're such a digital currency account, right, exactly. it's just to be a nightmare, very chinese and respect. now let's go back to america for a 2nd. you know, it's built with checks and balances throughout the entire system. you've got various branches covering the freedom of the press and other things. one of the ways that america kind of saves itself is another checks and balance system. we have a lot of power in the states and we saw that in the civil war. you know, the way out of civil war and america may go into another civil war situation where

the states who are going to abide by the constitution are on one side of the civil war. and those who want to become chinese social credit score mimics are going to be on the other side. i think, you know which side of the up and i'll have all the bit going, hey, we're going to take a break. and when we come back, much more coming here way, the me i think was due by the deed and gets up again with a great decision over the last 30 years. it, it was the 1st decision which did not follow the course of the event and history was an attempt to change the course. and the biggest task on the statement is to contradict history, is to change the historical part from the national 4 important, what actually july them do, the driven

by shaped by those with the in the me there's thing we dare to ask the families that up with the mark sounds good. i took my new function. you go with a lot of good morning our chest miller. definition me to do.

john got on the top limit. i wanted them off. you're gonna be back to do the work for me about the run, the less about i get up there for us. let me use the the the me welcome back to the guys report. i'm as the guys are time now to turn to mission shed lock of miss talk dot com. miss.

welcome back. it's a pleasure, rebecca and the guys are show. it's been awhile so it's good to do. good to see you and stacy, you know, we've been following you of course, as always, and need to pick your brain on some things. there. stock markets and property markets are out all time. shipping rates have gone parabolic shorted years. they're everywhere driven in part due to record demand, but also a shortage of workers. what's going on then you get the word is strategy story max . now the question is transit story to what they the does the bread like is trying to make up for past inflation, which is absolutely crazy. if you look at the housing market or the stock market, we don't count that way. we just, we just count the consumer inflation, not monetary, inflation, not housing models are not the things that matter the most, they actually. so if you believe the bad and the last inflation is running, oh,

well i that 5.4 percent or so year over year on the c b i bought, all that does is just make up for early negative craft inflation at least so they plan. i don't buy macs, i don't thing anybody with around like amazon and buy something that's new. as far as i know is this work or shortage driven in part by the transfer payments that are coming from the government and workers deciding it's better to stay home. they make more staying home than they were making minimum wage at the job. and they were saying it show up in real time, you know, you go to the store, went recently to some stores and they just don't have people working there. how, how are they going to get out of that? is that just mean they're going to, is that, that kind of a substitute for mt? haven't they? haven't they introduced m m k stealthily miss? that's essentially what it is. i've not heard of this for why it's

also what andrew yang this proposal to give everybody. fremont, there's been going quite to everybody, but it went to almost everybody. we had 3 rounds of stimulus to did that, and then they continued as well. you know, pandemic unemployment benefits essentially paying people not to work. of course, there were 2030 states maybe that said, you know enough of this, we're going to end these panoramic benefits and guess what workers returned in those states big time and, but didn't in the places where they kept the benefit. this is all going to, and of course, depending on what the democrats hide or get passed in this $3.00 trillion

dollars, stimulus package that they're working on. and the amazing thing about that, and max is, i keep saying these reports, we've got an outline we got, and i was gonna go look for the outline outline there. no one knows what is in this thanks because it's been at the mercy of a handful of accuse me of 2 republican senators and a handful of house representatives. so they're really just starting to work on this outline and we're not going to have it until the end of the month. well, you mentioned working there and people deciding whether to go back to work and go back to work in the asset world where we seeing price appreciation going up 20 percent a year or more due to the money printing and the content fact or all the asset holders get the money 1st. they don't work. they just sit on assets, then you have another class of people who are now sitting at home. no, not working either because they're getting free money, but it's the,

it's the same there too. we have 2 classes in america right now that don't work, hedge funds and transfer payments recipients. we have 2 distinct classes that don't work and to get the asset guys to work. how do we get them to start working again? because all they're doing is just a raunchy economy and it just ripping people off the hedge fund world. how do we get them back into the workforce mash? i think these distortions are going to continue actually max until we have a huge correction in the stock market. but, you know, as you know, i'm not exactly a profit here. i, i never thought ever thought that we would blow another bubble again as big as we did kind of mutual cooperation. the ben bernacki one said that the only 3 are paying into the matter where the fed,

the vice chairman of the fed and the president of the new york bank. i think the new troy is jerome file, the fed chair, janet yon. and they, of course, congress is in, on this with, you know, these best, all stimulus package is never going to. and, and the most disturbing part about the proposal on deck from the democrats is, is this energy tax max, you know, by a see, are pushing for 80 percent clean energy by 2030, right. this anyone? what side? the progress thing that this is actually possible, and if so,

what inflation is going to result from it. i think that's the ticket to stay play. she. we don't know what classes yet. we don't even have an outline. but that's the big share on my mind here. is, is something completely and saying passed by congress or going to see stay for place and from it. and of course, staying lation is increased inflation and lowering of j p simultaneously. in other words, it's very recessionary to really get into this, you need to kind of do a forensic look at the numbers. and of course you always do a great job. looking at the numbers over there, mesh talk dot com. you wrote recently that quote, housing adjusted real interest rates sank to record low, negative 8.5 percent. all right, so what is exactly, does this mean elaborate for our audience?

how you get to a negative a point 5 percent and why? what, what this means, the fred says the, the cpi, the b says the c b i and the fed project that inflation is 5 percent year over year . ok, 5.4. actually the that's as of june they if you put housing end of the picture, keisha or home price index was up over 18 percent year over year, 18.6 percent year over year owners equivalent rat, which is the medical price that people would pay if they ran their own house for themselves. unfurnished without rent was only up 2.5 percent. i believe it was year over year. that's the largest component of the cpr by fall 24 percent. if what i did was said ok, let's substitute housing prices back in there. so instead of

going up 2 and a half percent, we look at prices going up 18.6 percent and it's 24 percent of c p i. now you're talking interest rates, a negative interest rates, not negative 5.4 percent, but negative 8.5 percent roughly. and that's all i did. there's so many things, you know, of course housing bottles aren't reflected in the cpi and that's the spotlight is all wrong. everyone looks that consumer price inflation, that's what matters. it's inflation that what matters. so economy is running the bank of international sediments as come out many times and it, and as and as talked about that deflation are negative prices at the consumer level. isn't really even what matters. it actually gets

more goods to more people standards of living rise when, when goods are cheaper and more people have access to them. that is help on producing a rise in the cpi which it now has. but still it's happening with because wants to make up for, for, for lack of loss, inflation. you know, if it's crazy. so how long is his transitory for its transitory until we have the next crash? or until democrats do something even sillier? which is put this energy tax on driving a prices for real rates, negative 8.5 percent. so you take the 10 year interest rate and subtract the inflation as you're describing it. if you add back and the things they should be adding back in and you end up being actually not everything. right?

and you end up with a negative 8 and a half percent of the real rate. the most shocking negative rate we've seen. and so this is something that the fed is telling us they're trying to fight. they're, they're trying to tell us that this is not the outcome that they wanted. right? so what you're saying is not exactly that match what they're saying is it's transitory that it's actually welcome paul, use the word welcome or hiding under the fact that they don't think this is going to last. well, if the home prices are going up and a half percent max and the mortgage rate is only 2 and a half percent, is the wonder we have a bubble in the money printing that there that they are engaged in, is making then interest draco, more negative the so that more like they're there and same. it is also convoluted.

it's, it's, it's, it's hard to get a grasp on this. i don't think we're going to have more on this inflation picture until we say what the democrats propose and whether or not it passes. but depending on what they pass, i'm looking for a nasty balance tagline. so is that the resolution of the grade inflation, deflation debate we've got about 50 seconds left and segment why not carry over for segment to, but is this the great inflation and deflation debate we've been covering with you for 15 years or so on? is it, is it gone all resolved in a massive stagflation? is that the end game? i don't know, because we don't know, we don't know actually what they're going to pass. we don't know how the fed is going to react when they do that. and certainly if interest rates start going up, i think we're going to see a stock market crash. of course, i've been talking about this for a long time. a crash itself will lower the demand for housing. so i

don't think, i don't think this is resolved. it is not yet clear that stagflation is be, is the scenario. what happens to the stock market? and, you know, we need to see then a stock market trash is very, very deflationary for all kinds of reasons. ok, well, quite a cliffhanger. we're going to carry that over to a 2nd segment, but for now, thanks for being a cause report, mash always the pleasure to be on max. thanks for having. and i was going to do it for this edition of kaiser report with may max guys are in, stay here, but want to think, i guess miss shed like of mich talk, dot com until next time, via the me ah, psychiatric drugs are essential for millions of patients or are they,

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a world transformed what will make you feel safer. tyson lation community, are you going the right way or are you being that somewhere? which direction? what is true? what is paid? in a world to corrupted you need to this end. the so join us in the depths will remain in the shallows. ah ah, i think what your mind indeed gets up again with a great decision over the last 30 years. it, it was the 1st decision which didn't follow the curse over the event. and history was an attempt to change the course. and the biggest task on the

statement is to contradict history, is to change the historical part from the national 4 important. what actually july them did the when i would show the wrong when i was just don't the world yet to see out the thing because the aptitude and engagement was betrayal. when so many find themselves worlds apart, we choose to look for common ground. only one main thing is important for not as an internationally speaking, that is

a nation's allowed to do anything. all the master races and then you have the mind . nations who are the slave americans rock obama and others have had a concept of american exceptionalism. international law exist as long as it serves american interest. if it doesn't, it doesn't exist by turning those russians into this dangerous man that wants to take over the world. that was a conscious strategy. so that was yawn. i english v i v, i not leashed off in one tablet block. nato took it out. we moved eastern. the reason us. hey jim, it's dangerous is the last the sovereignty of other countries, the exceptionalism that america uses and it's international. war planning is one of the greatest threats to the populations of different nations. if nato,

what is founded shareholders in the united states and elsewhere in large companies would lose millions and millions, or is business and business is good. and that is the reality of what we're facing, which is fascist. ah, the taliban celebrates taking full control of afghanistan after declaring they defeated the remnants of the resistance. but anti taliban fighters claimed they still hold parts of the eastern pan. j, a province, a convicted rapist and suspects on terra watch lists of discovered among asylum seekers. i lifted to germany from afghanistan and australia introduces a new bill that allows authorities access to internet accounts and to hacked the devices of anyone under investigation. we did.