the all sorts of pretext, ah, what needs to happen with the continent a truly take its place in the world? ah ah. i am max kaiser. this is the kaiser report, while the jig is up brazza of a latin american country armed with volcano energy is calling out wall street and the whole financier class, stacy re max. well, if you don't get it by now, after 10 years of kaiser report telling you about big coin, you're never going to make it. and g, i name book kelly, who is the president of our salvador tweeted about in response. we're cnn piece

pushing the fact that markets are near all time highs. wall street just doesn't get it. the earnings are not real. it's just more money being issued with the same amount of stocks. a real crisis is coming in the supply chains, products, ports, fuel ships, trucks, factories, workers, parts resources is right in front of us. right, well, but kelly, president of el salvador, the george washington of the 21st century is i like to com. he's on to something their stock prices are only going up because the money print thing that's going on behind the scenes. this is why venezuelan stock market hit new all time. this is why the bob way in the ran stock markets are hating highs because they print a lot of money there and the value of their currency is collapsing. what i want to add is that when you make a statement like that, such as, hey, you know, the stocks are not actually worth anything that the companies aren't improving

their earnings in any way. why would anyone buy these things even with printed money? and the answer is that the companies themselves are buying their own stock with the money printed from the central bank to make the executive stock options go up by incredible amounts of percentage points. so that's really the full picture is that it's not only just bad economics, it's outright fraud. i mean, i suppose like this and stage, financial ais capitalism, where we have a game of 5 me and you've pointed that out before. it's like they could, you know, add more credit for the game and all of a sudden like your number go up and you're like, yeah, yeah, and it feels all exciting and you're in the game and you're the top of the game at the top of score card you make more money, it seems and, but at the end of the day as you points out, there's no new stocks. there's no new supplies. it's not like actually goods and services are being created. everybody's working from home or working,

working from home and nothing's being created. and yet the money supply is gushing in and we're seeing that with the shortages. like there's actual stuff, not on the shelves. this looks like the end days of the soviet union. nothing on the shelves yet a stand, a line for hours, for basic goods. and we're starting to see that same thing now. i believe. oh, absolutely. and like, and the soviet union days where the world was more differentiated along regional and lines. and geo, political, or even geographic factors came into effect because we live in our virtual digital world. now, the rate of enlightenment and the rate of the of soto, she enlightenment, that councils bitcoin. it's uneven. so someone like kelly, the president of el salvador, can have his to tow. she mom it. and because we're all the digital,

he can call up jack milers over the strike gap and he can come and live and all solid are for 3 months and totally. why are the country they're signing up 100000 people a day? they're going to be hyper, because with any here, that means that the g d p is going to double or triple. and it's the only country in the world right now is worth really talking about everybody else because they're on a fee on money standard. it's like talking about countries in the middle people ages that are trying to make do with my in sticks railey. i mean he's the only modern country right now and the i m f has been obliterated. he's going to pay off as i m f. loans with okay, no bonds. and the world bank looks stupid and paul craig middlebury times looks really. dom anerio or beanie was absolutely wrong. and that, you know, bit coins gone to 5 millions. of course, you know, ne, but kelly really into prominence and in the united states because

a nick carter that twitter spaces and i, kelly jumped on there and they, they, you know, announce this deal right to, to adopt bitcoin as legal, tender. so nick carter also has a tree here that i want to read in terms of this. you're never going to make it. if you don't get big coin yet, if you haven't figured it out yet, you're not gonna make it. so hero, i can't believe bitcoin is going up exclamation point. this is the likes of paul crowd, men the life of peter schiff, who the likes of michael barry who took a massive short position out on bitcoin. and they're all wrecked, right. and now they can't figure out why big points going up. and then he says, turns attention back to time line full of trillion dollar coin, energy crisis, non transitory inflation, permanent shortages, debt, default final c, b c, content. so that's what you see in the timeline on twitter. if you look,

if you care to look and that's what you see and cause report because we do look and we do report. i'll point out once again, one of the things i love to do from time to time is they have a real time enactment reenactment of the thinking on the titanic on youtube. and it took 2 hours and 40 minutes. now, bitcoin is the iceberg. that titanic is the money world, the globalized, neil liberal washington consensus, post world war 2, federal reserve bank dominated global economy. 20082009 hits the big coin iceberg. and if you watch the titanic reenactment on youtube video, it's quite excellent. you know, for the 1st, over 2 hours, people are still wandering around in the state of disbelief, and they're still playing the music down on the ballroom. the people in the rich cabins are still smoking cigars. and wondering at the novelty of all the snow on deck, and everything is found till the last 10 minutes that suddenly people are like,

hey, where's the life birds were all dying? and that's where we're at. now we're at the moment now where you've got like jamie diamond is literally the fridge at north atlantic. but you know about the freeze to death. and i know it sounds gruesome, but i can't stop laughing. the thing is about that titanic thing is you know, the music was great. they had the best orchestra there on the atlantic. they had amazing cocktails, it was a luxury liner. everybody in the staff was the best in the, the game of, you know, staffing, luxury liners, ocean liners. so everything felt good and looked good and sounded good. the music was good. and then when it, you're never going to make it when it's too late, is when it just suddenly went to like that, like, by the time it does that and starts to think, that's when you're going to fall in to the ocean and never make it. so that's the thing is like cnn that the,

the headline that may because kelly was responding to where he was the one telling everybody get out to the life boat. do it's like, it seems great. yes, cnn's cheerleading and telling you how amazing it is. they were saying fighting mark the end of a 3 day winning strike for us docs. but all 3 major indexes end of week solidly in the green with the dow having is best week since late june. the tao is now just 2 percent below the all time high hit in august. so you know, kelly is out there saying everybody, you know, there's some like bass right now. just jump in it, head on now, and everybody's like sienna, look, they're saying you like, it's the parties on calm down and get on the dance floor. have a few free cocktails. everything's great if cnn are covering the hindenburg disaster. you know, it would come out like a cotillion for the wash folks in chelsea, london having their flower show and that everybody was doing great.

right. so that's, i mean, i'm sad. i'm sad because when i grew up we had journalism, edward r murrow, you know, and now to be rank propagandist, that makes problem to look like for it. i'm edward r. murrow, i'm sorry. i mean, americans really gone to the gutter at the end of the day, capitalism is about individual self interest. and my individual's self interest is to accumulate as much bitcoin as i have. i am super, super happy the entire, the audience. tiny though it is, the santa does not, is not fighting me to by bit klein, because therefore my theat my bite and bucks would go less far than they are. i go to the airport and i see people watching c n n. i say never going to make it. i just look at all these people sitting around waiting for their flights and watching scene. and i'm like, i me, i've seen cows grazing out there in the field with greater lifestyle and hope of surviving the news. it is because are filling with our gorging themselves on lies. here's the headline that we covered in our

a few of our interviews included with mark moss, but also with cray ham key recently precious metals expert. and so j. p. morgan, as you mentioned, jamie diamond is a ceo and he said a long relationship long failed relationship with with bitcoin. he was one of the 1st of the ceo of a major bank to dis it over and over, back in 2013, 2014. 20. 1520. 16. 20. 17. 2018. 20. 19. 2020. and now here we are in 2021 and we see this in uses buying big coin rather than gold as inflation cranks up. j. p. morgan, according to j. p. morgan. this week's rally has been driven by institutional investors hedging against inflation with big coin. now that's important. institutional investors are following on the high net worth individuals who have already been buying bitcoin, or j. p. morgan and other big banks offered bitcoin to their high net worth individuals last year and the year before,

they've been buying bitcoin cheaper, right? then the institutions come, they follow the executives of these institutions were already buying bitcoin a few years ago than the institutions come. then you have the, the masses, who watch cnn are sitting there watching cnn, looking at the stock price go up because all the bite and box and all the j pals pumping up the stock price. and they think that's what they should be looking at. that's the distraction from the institutions the wealthy that you know, jumping into the life both out there while you're sitting there dancing on the, you know, the dance floor of the titanic. that is the global economy. yeah. well, minor standing is, are there j. p. morgan headquarters on park avenue, new york city. whenever jamie gets into the elevator with other board members, they fart. and then they started laughing in his face and nobody listened. and all

the employees have a picture of him with a little dark board and they will piece the laughing stock of wall street. he's a laughing stock at j. p. morgan. and he's on his way out. by the way. jamie, the board is your out, buddy. all right, i'm going to take a break coming back in for this. don't go away. mm. i ah, ah, ah, ah, ah, ah, with

ah, ah, ah. ways people learn from their own experience, how vulnerable of business is to the bank. so he pushes my business over, the age, pushes me right to the edge, bankruptcy. now i realize we were good. this isn't just the back that may be involved in this is the concept. see, funds is, is the lawyers. these people have got one of their stories. a reward can

a whistleblower tell people's marriages have broken up, they've lost their family homes. it is spectacularly devastating for people's lives . we have committed suicide, but left behind north, the explicitly state that it was the constant intimidation and billing by bank officers that late them to i thought the spring is obscene. these people up north salt. ah welcome back to the kaiser report, i max kaiser time now to return to our conversation with mark moss. he's now on our heart radio. less sounds good. i'm going to check that out. mark, welcome back. hey, i think so much. now let's talk about financial crazy stuff happening. this one

trillion dollar platinum coin that the fee at world is coughing up now that they're desperate for some way to hide the complete catastrophe that they've created the last time it was proposed during the 20082009 financial crisis. that trillion dollars of course, meant a whole lot more. is this one just one desperate hail mary, before the ultimate fandango. i mean, my guess is that it's just some hoopla, right? they're just trying to kind of come up with some crazy stuff. maybe move the window a little bit, but you know, as a, as a, as a former goal bug and now to sound money advocate. i've typically, i've just been, know, they can't do this. they can't keep raising the debt limit. they can't keep printing . and i've kind of gone to the point now where i'm just like, just bring it. why stop with one trillion dollar coin. how about add 5? so i've gotta change my tune a little bit like let's just get the show on the road here. but i think i think the

coin is probably a bunch of talk. it looks like they've decided to go ahead and raise the debt ceiling limit already just that get us through till december. they raised it. i was looking at, i actually posted on twitter this morning, a chart of all the debt ceiling limits they've done since the last 100 years. there's done over a 100 of them and i'm sure they'll get it through again. they, they are addicted to spending money against up a, make an interesting comment. there is say just the, hey, let's get it done. let's just just go for it. this seems to me, indicates rad an interesting stage in this inflationary period. that of which we would call law of confidence, which of course is what lays to hyperinflation or a collapse in the currency. and that's the risk they're taking by continuously playing these games. i hear more and more of the same sentiment you've expressed. people are saying, you know, and i actually don't have any confidence in the currency at all. anyway, this is not going to change it. i'm a bit coin or are we entering into our why mar,

like loss of confidence in the fair money. and we're gonna see hyperinflation mark, i would actually say everybody agrees and sees the same thing. they just don't know yet. and so what do i mean by that? well, we can see pretty much in any market. people are like, oh, shoot i, i need to buy house right now, because if i don't buy a house now it's going to be more expensive in the future. i better go buy a used car right now, because if i don't, cars will be more expensive in the future. and so everybody's rushing out to buy anything they can get their hands on because they're afraid it's going to be worth to is going to be too expensive in the future. what they haven't realize is what they're saying is exactly what you said, that there's, they've lost the confidence in the dollar. what they're really seen is that the dollar is losing his purchases to power so fast. they're trying to rush out and spend it as fast as they can. now you mentioned the y m r republic. i thought i did a video talking about when money dies, there was a book written that kind of talks about that time period. and what's interesting is, you know, during that time, bread went from $0.12 to $0.26 and, you know, kept w,

w, w, next thing, you know, it's, you know, a $1000000000.00. and during that time, people were actually having to get paid multiple times a day because the currency was actually losing value so fast that they'd have to spend it a few times throughout the day. otherwise was losing value fast so. so we're seeing that now and like i said, people are recognizing it, they're just not quite figuring that part out yet. but one really, really interesting thing that i got from that book is that during that period of hyper inflation asset, prices were going sky high. so my real estate is never been worth as much. my gold is never been worth much, i'm rich, i bet, or sell now at the top, before the bubble burst. and so they did. and so everybody started selling their assets, thinking they were rich selling my real estate, selling my gold. it's never been this high. and everybody ended up holding a bunch of paper that became worth so little or worthless, that they literally were burning it in the fireplaces because it was worth less

than the wood was at that time. of course, during the y m r a period, there were a few bankers engaged in what was called a spectrum of attack, where they were able to borrow from the central bank a relatively the, almost the cheap rates. and by assets and became fabulously wealthy. our modern day, why mar republic seems to have burst a similar speculative attack over there by michael sailor and micro strategy. who is borrowing money at almost nothing and buying it, every big coin he can possibly find is michael sale are about to become the richest man in the world. mark. well, shoot. maybe after you. but you know, he is definitely bought up a lot of beer coin and so that's going to be worth a lot. he says he's never going to sell it. and so i would believe that so he might . but you mentioned the speculative attack him something that's pretty interesting . i did a video on a couple of months ago, but for some reason it's back in the news, i think as of yesterday. and that is,

who is the most famous guy in the, in the world, probably living today in terms of speculative attacks. that's george soros, right. he became famous for breaking the bank of england, speculating against it an attack on it broke the bank of england made a $1000000000.00 in a day. and he's gone on to do speculative attacks against nations and toppled them kind of one by one ever since. and the news that broke yesterday, again, like i said, again, i talked about a month ago, but this george soros well fund is now buying bitcoin. and of course, he doesn't probably run the day to day on it. but his wealth manager that runs it, the seo said, you know, we understand the problems of the dollar with inflation, etc, etc. that's where we're buying the coin. but i just thought the guy who's literally the most famous guy perspective attack is now buying bitcoin. he's kind of professed or made famous, you know, taking down government. is he going to do a speculative attack against the dollar using their coin? it's an interesting way to look at it. right. you mentioned sorrow since $993.00

speculative attack on the bank of england made a $1000000000.00 in a day that was stated by his money managing partner, stan druck miller, who has been buying big coin now for the past 6 months. so i think they're sharing a lot of information about what's really going on. meanwhile, the central bank, digital currencies are being launched by the dying legacy system. did they have any chance of surviving? i don't think so. i think what their chance of survival is is just trying to keep the game going a little bit longer. so what i see really happening with the central bank digital currencies. one obviously the, the trend is moving towards this more authoritarian approach. we're kind of your whole life is in one location that can be kind of turned on and off pretty easily. and so having that money, a programmable money that can be used as behavioral modification when that's implemented, it helps them achieve their policies. what i also think it does is it allows the fed to open up directly with the people which they bypass is kind of the banking stack, which would allow them to get money out into the market faster and easier. and so i

think that may be, helps them perpetuate this kind of game, the charade they have going. i think eventually we might even see the i m f issue a digital currency directly that people maybe get rid of the whole banking stack. but at the end of the day, i think it's probably a trojan horse individual. i think it's a good thing for bitcoin. and the reason why i would say that is because they're still a lot of people for whatever reason, at this point, are skeptical of something digital, something i can't hold in my hand. i think it's a scam. i think it's a jo, how can i trust something, digital, etc, etc. once the central bank comes out with it, they'll be probably forced at 1st, incentivized to use it like they did it with china's, you know, downloaded, get some free money. eventually you'll be forced to use it, but then it will give it this legitimacy where now we'll shoot, i guess we just use digital currencies now and now i'm just used to it and it looks good. and then all the sudden it's like, well wait a minute, why does this one keep losing value while bitcoin keeps going up in value? why is this one being used to program against me?

like if i don't spend it by friday, i lose some of it. but over here with because the government can take it and i think it will give it that legitimacy. people will see the contrast of the 2 and they're going to go, wait a minute. why don't i just get rid of my essential make digital currency and go to be a coin. and so at the end of the day, i think it just helps usher in the inevitable. i've already seen it in venezuela. they launched the petro and that was a huge disaster. meanwhile, venezuela went hyper bitcoin ization anesthesia success. so the central banks all are all over the world are going to go down the same path. let's change gears a little bit here. the jobs report came out. it was a big mess the despite of millions of job openings, there's a few takers for any of these jobs. another seemingly math of dislocation in this market mark. there was a big disappointment and it looked like the consensus on wall street was thinking. we'd have 500000 jobs. if we didn't get at least $200000.00, it was going to be really, really bad. and, and the numbers came in, i think at 194. so less than the $200.00,

much less than the $500.00 that were wanted or expected. and so that's not a good thing. the problem is that it's a lot of people not going back to work. we talked, we talked earlier about the energy problem that we have and so like in the united states, for example, the oil industry is experience a mass of working problem of about one 3rd of the 100000 employees that were let go in 2020 have returned only one 3rd and so it's causing massive supply chain issues . i know i've been traveling lately, some hotels i've been staying in, they can't open their restaurants. they don't have room service. so these businesses are losing out on massive amounts of revenue. and like i said, supply chains are breaking down. we're seeing massive amounts of ships sitting out in the and harbors they can't get in because there's not enough people to unload them. and so this is the supply chain issues that are breaking down. and this is the and it causes inflation, and this is why the fed isn't going to be able to stop it. i guess until you get

people back to work. maybe that would help something but, but it's a tough problem. you know, i want to donald trump's signature policies, was to close the trade gap with china. they didn't work out the trade gap wide and significantly and with the new administration, it's gone absolutely ballistic. the trade deficits door to a new all time high. not only do we no longer have the manufacturing capacity, but we're losing out on services to mark. this looks like part of a major disintegration trend. your thoughts after the pandemic of last year. i think we, it was really exposed how bad the united states was in a sense where we couldn't even get face math or p p. e. we found out that, you know, almost all, almost all of our antibiotics come from overseas. but even more importantly, we found out that are rare with elements which are national security issues. we need those were elements in our electronics for the military, you know, missile guidance, submarines, etc. we, we get those from china. we could even go to war with china without that. and i was very hopeful that we would see

a lot of that manufacturing come back to united states once everybody was aware of the problem. maybe if we didn't change the administration, maybe that would have happened, but to your point, what you just made, it certainly hasn't. it's only continue to get worse. and unfortunately, i think that it's bad news for the united states in the long run. if we don't bring some of this manufacturing back, i mean, we're only going to continue to financial as the economy. we're going to continue to, you know, really have 2 different classes, right? the upper class, the financial economy that off shores are out sources are a finance. and then we're going to have basically, everyone else is dependent on the state, which maybe is what they want. you write about co individuals going where they are wanted. what's this mean? it sounds like an i'm randall novel. what's going on here? mark? well, it is like an iran novel, right? it's exactly like she predicted with a atlas shrugged where the most productive people of society go, where they're treated best. and so i personally left california and went to puerto

rico because they treated my business better. now there's other policies that i'm not so happy about that. i'll probably go somewhere else from treated even better. but you know, the whole world is, is, is trending towards authoritarianism. and centralization, and i think the only thing that breaks that is competition. and so we saw both the california new york rail competed. everybody went to texas and florida. both governors found themselves on the chopping block. so i think this competition is very important. i that the a tweeted out kind of ellen musk said, hey, i'm gonna leave california if you don't let me open my factories. and one of the, one of the senator said f u e on i maybe maybe maybe that's where you got it from. i don't know max, but he said he said point taken and so he's moved and left to texas and so they're being al competed, i think eventually we'll see nations start, i'm competing for each other. it's kind of like this book, the sovereign individual talks about where the dairy cow can grow wings and fly to different jurisdiction. and so that's what breaks the, the grip of authoritarianism. i think it's time,

especially with bitcoin. it changes the balance structure. if a nation can't just steal our wealth from us, they'll be forced to treat us like a customer. they'll be forced to provide a value in exchange to get our money. and then competition will really kick in. great, mark moss, as their show is on i heart radio. thanks for being on kaiser reports. thank you so much max, appreciate it. all right, that's going to do it for this edition of kaiser report with may max kaiser and stacy herbert want to thank our gas mark mos until next time. fire with ah, it took what i took the most basic, but i still go heated, who bought? i bought a dial tomorrow, a couple of these on your quote, but i know from politicians to athletes and movie sales to musicals. does it seems

every big name in the world has been here this year? hope of mr. mccarthy goes to school. oh, i see them, but when you get the call, when you finish with me, glover, you spoke with them. said basil makes dreams come true. the every one who falls in love with people threatening luc wide. mm. so what we've got to do is identify the threats that we have. it's crazy even foundation, let it be in arms. race is on often very dramatic development only personally and getting to resist. i don't see how that strategy will be successful, very critical of time. time to sit down and talk

with the european union challenge is its own member states over a migraine cracked and saying violent push box on boarders may be illegal. the countries themselves reiterate. if more help was given, they wouldn't need to take matters into their own to coming up on the program r t speaks to former us of national security advisor, john bolton, who shares his thoughts on the chaotic american withdrawal from us. i think this is one of those 2 instances where biden and trump agree on policy both wanted to get out of afghanistan. extreme cold sky high prices on day shipping. the are corresponding visit.