are and gauge and the massive pansies game like burning off. so i, i can't understand why anyone reading that. i wouldn't want to just go all in on big coin because as the dollars now they've shown their hand. it will with that question now collapse and big coin is paul tutor, jones is said, is the fastest source in the race. i can't imagine anyone holding dollars at this point. it's absolutely untenable. you must be insane. the whole dollars, you know, in terms of the us dollar reserve, here's the quote about that. and then i'm going to say a few thoughts about this el salvador. recognizing between his official currency opens the door for money laundering cartels. they always say that an undermines us interest, said doctor cassie, if the united states wishes to combat money laundering and preserve the role of the dollar as a reserve currency in the world. we must tackle this issue head on. so they are being very blunt about what they see and in terms of understanding geo politics,

g o, e, can ahmed monetary policy. so when you look at the u. s, as a d industrialized dilapidated nation that's important, that has to happen if it were the opposite that would undermine the role of the us dollar, for example, as a reserve currency. because if there were manufacturing in the us, if there were a flourishing middle class, if the industrial heartland still existed, the us dollar could not maintain its reserve currency status. because remember the trip and dilemma you need to send all those dollars abroad. you need to have a huge number, massive import versus export. so you need to send all your dollars overseas. that's the only way to do it. also, the petro dollars, we've covered that over the entire middle east. when you look at what's happening and libya, when you look at what happened in iraq or yemen, you know, the need to maintain that petro dollar in order to back the dollar. because the piece in the middle east is a told a lie, like if there were

a piece in the middle east, we would have a problem maintaining the reserve currency status. so they're saying it out loud that that this is actually their policy that mean all excellent points and, and also keep in mind when they talk about big coin being used in criminal activity . the use of bitcoin incremental activity peaked several years ago at 1.5 percent of global criminal activity, and it's crashed. it's now point 15 percent of criminal activity that was probably go to 0 because no criminal in the right mind would use bitcoin in a criminal activity because it's totally transparent on the open ledger, the block chain. so that says that to categorically patently false, what they've said they're, that's their lead statement. and then everything else that they imply is equally fallacious. indeed. and of course we at cover this in a previous episode here from el salvador. and that is that we were sitting with the, you know, the co founder of bits and acts right when the news broke, that the u. s. department of justice in the f. b i had arrested and re returned and

seized 3 and a half 1000000000 dollars with a big coin that had been stolen in a hack from bit for next bit queen exchange back in 2016. so it was traceable. they found it they, they got the bit coin back. now in terms of with the sovereign nation, the leader of this sovereign nation of el salvador. how he responded to the u. s. senators threatening el salvador. ok, boomers, you have 0 jurisdiction on a sovereign and independent nation. we are not your colony, your back yard, or your front yard. stay out of our internal affairs. don't try to control something you cannot control because of course you can't control big wine. that's the thing, it's a censorship resistant, or you know, they can take you off swift. all they want have your dollar game over for fear. we've got big point, right?

so it's censorship, resistance. it provides individual sovereignty to the individual human being. but apparently, as you see to the independent sovereign individual nation, right. as we said now, for many, many years you cannot enforce, abandon bit going, countries have banned it. they found that they couldn't enforce the ban, and they flipped, they became supporters. they are now hoarding. they're now buying their ma, mining big coin. this is true now in ukraine. they just made a move to legalize bitcoin. it's true in russia, they're now moving toward big coin is true in india. it's true in germany. the policymakers are saying, you can't stop it. we can't stop it, they realize now the game theory is on and they need to start mining and hoarding big coin or be left behind. the u. s. could be in a very, very dangerous position right now in terms of human rights for the population because it's a step effectively not defending itself against the encroachment of big coin

superpowers. right? so let's move on to the next headline. that is an interesting one happening here about big point on the balance sheet of these nations and achieving some sovereignty from a decaying empire that's collapsing. and it's going to start to lash out. but, you know, the other thing that the president of harvard are nosy kelly has done is tell that i am asked to go pound sand essentially. and i want to show you a headline that's kind of been missed over the past 2 weeks. i certainly had missed it because there's so much happening here. but this is a proposal in lebanon to jail because lebanon right now. they think they need a bailout from the i m up. but in order to get a bailout from the map, they have to deal with the situation in their banks with billions of dollars, tens of billions of dollars of bad debt. now remember, back in 2019, they fees, they froze all funds, any, any dollars us dollar that you had in a bank account in lebanon has been frozen the whole time. so here's

a proposal about how to disperse this over a $100000000000.00 and us dollar cash that they've ceased. lebanon plan sees 93 percent currency slide turns the bulk of fx deposits to pounds. a government plan for tackling lebanon financial crisis projects and 93 percent evaluation of lebanese pound, and converse, the bulk of hard currency deposits in the banking system to local currency, according to a blueprint seen by reuters of a $104000000000.00 of hard currency deposits the plan foresees returning just $25000000000.00 to savers in us dollars with most of what is left converted to pounds at several exchange rates, including one that would wipe out 75 percent of from deposits. so this plan has been like they keep going back and forth over the past 3 years. and basically the debate has been, who eats the cost, who has to pay for this? is it the government?

and the central bank is that the bankers and all their bad debt, or is it the deposit or is, and this new plan sees the deposit, or is the ordinary jo baggett donuts in elsa in lebanon? right. well, when we visited, they wrote lebanon 7 or 8 years ago, big coin was $5600.00. we met a young man named safe dana most told him about big coin within a couple of years. he started buying big coin and he wrote the book, of course, a big coin standard, and he's not suffering this massive evaluation or the many, many people in lebanon. we tell to buy big point at that time. they're not suffering this evaluation. same thing goes canada, right? now i can't canadian banks look like there's a lot of trouble going on there. countries talking about confiscation and freezing accounts. those folks that are big coin and canada will make it, they'll get to the other side. if you don't, you'll probably get destroyed. but same is true now in the united states and countries all over the world. if you don't on big client be destroyed. i might add that in fact we did meet doctor save dina moved in 2011 and we told him about the

coin. and if you look at the price chart of big coin, you'll see that it was actually $1.00. he then did contact us when it was 600 dollars, i think in 2013 or 14. and we helped him figure out how to buy some big coin and now he is like one of the leading thinkers in the big, quiet space in terms of the $69000000000.00 and losses that have to be eaten by somebody. here's with the article and reuters points out dividing the losses. this time the losses are divided out as follows. 38000000000 by the depositors. 13000000000 reduction in the capital banks, shareholders and 10000000000 and government perpetual bond, and 8000000000 by the central bank. so as you see its ordinary depositors that are having to bail this situation out, just as ordinary depositors had to bail out cyprus as well. bail in cyprus, this is the bail in model,

and it's coming for other nations around the world as this game over for fee at accelerates. and like our friends safety, you know, most in lebanon at that time, like he got big white and he got wise and he got it at the price he deserved. and, you know, look at the game theory going on here in a either get it or you don't. yet, like we've been saying for 11 years, only keep money in the bank. only keep the app money that you're willing to lose. if you anything you want to save, he'd need to put it in big coin and everything else will be taken a bell and as they call it, well, look at what canada is doing. they've rewritten all of their emergency laws to seize. not only your bank accounts, but your security counts any portfolio stock portfolio. you have a housing and like everything they can seize all of your well, if you are protesting their policies. wow. and i just thought a lot of maple sugar. all right, we're going to take a break and when we come back much more coming your way

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and just remember that there's a chance it works. thanks to a child. how'd labor children like john michel, henrietta, all countless others like them? ah, it's been since years since the soviet union collapsed. mom miss got louder, go to chill them on to what the problem yet no korean talk. so. so shown where use for trust. one color thumb ukraine was one of the independent states that emerge from the ruins of a super about new or somebody. would you also get on liberal greens? come a little more surely, using some of the act and less new lucian with better lung or law. or else what is a is there is 4 children i learned the seriousness of this, but a to scribble for sure. oh, it does show a unusual, pretty helpful watch the past 3 decades been like the ukraine. eye witnesses recall the events. this would be more or less so due to she was in

a deficiency of chipotle. what i knew to know that ownership, i'm not sure, but i did that for months with no idea what notes and what other forces were at play. you have to do so to whom you show in shin mushy. in those them, you are in the kid. what it oh, to concert. when is it socialization? moser. the version jordan is. take a look at ukraine. 30 years after gaining independence. you don't get a phone with us again unless you mean yet, but unity recorded live, but a will. it could be issue ok of lush williston holding. so for our ah

ah, ah mm ah, welcome back to the kaiser report, i max kaiser time out of turn to very special gas, the vice president of el salvador dr. feel if you are welcome. thank you, max. now what's happening right now is that there's a shift in their global economy and the center of power in the u. s. with the u. s. dollar is being challenged. it's being challenged by something called big coin. and it's all happening in el salvador. you're the vice president.

first of all, how did you, what, how did you become vice president? what's your relationship with president po kelly? oh, well it is a long story. i met him see his he was mayor. well, very small town and then he went, he expressed his interest in getting electives as a president of mayor of the capital city. i joined his team, so we warning his campaign. we won a he became a mayor of san salvador in 2015. then when we decide he decide to run for president, he called me to we part of his team also, and we were working on it. and finally, when he gets all the opposition for the whole system, economic power, se seduce shields, political party, their traditional media, everybody was trying to impede him to run for office. so we fault it. we find out on ways to get him a is, are you still as a candidate?

but the last movement of the traditional system was to cancel the political body who allow him to be borrow it. then with this i was, this is only one chance and they won't charge was 2 hours away of their line to with or use that. and he found this body gunner, he called me, hey, i saw that i was call a saw lawyer. people say it was the legal advice or when my surprise was the one you said ok, you sign here, they say what for? he said, because you will be put on my ticket. so yeah, the ticket that i was surprised that i couldn't even check with my, you know, all my relatives, my wife, etc. because we were one hour away from the deadline. so i immediately signed it because he was that sort of commitment from there because of the last week. what once he said, don't leave me alone. he claimed that and i was a sort of to a full,

you know, attend that to be ready will sterling. we won't lead you alone in that we have them . um and we asked me to be part of the tool. he's ticket. i couldn't say okay, lindy chicano, immediately i react, i sent in and then we started the campaign with elected here i am now. right. and this is the new ideas party. absolutely, absolutely. i do of yes, body was his pro, the political pride. who that, i mean that party was not allow to run in the presidential elections at the moment because i said the whole system, the whole legal system was trying to empathy ford running for office. right. let me just ask you a question generally about politics in el salvador and also in central america. and you can say in latin america, there's always been this tension between left and right. and it's been going on for decades or, or you have a left wing parties are a populist and they talk about wealth redistribution and land to read distribution

. and then that doesn't work out very well. and then a right wing comes in and the aggregate power and the aggregate land and power, et cetera. and this dance has been going on for decades. here in el salvador, president kelley, it seems to have shattered this paradigm and introduced a brand new paradigm. and he's introduced bitcoin when, when he 1st told you about big coin, i'm assuming he told you about it. what it, what were your thoughts at that time? when i fall? i don't know if you are familiar with some sort of say political aside from francis fukuyama. it was written and less and yes, in 1900 on the end of his history. so the idea was that it wasn't the end of the history was the in the ologies. and he claimed that day liberalism will be, you know, the future for the mankind salvo. and i think that that prediction from

fukuyama that it was the end over the, the g is coming a true. it said the reality, because i rapidly said the book is not a man of ideology. he's a man of ideas and idea, a great idea. you know, adopting our legal currency, a crystal currency. it's like these with this young not only on politics but also on economic in for a sort of a low. doesn't mean that said saga has been put now in the leadership worldwide in that situation that you mentioned, the challenge of the fear, the currency at the dollar us. right. let me, let me jump in here for a 2nd. so you mentioned francis fukuyama. he had a very famous essay in 1990 the end of history, and it really refer to the end of the berlin wall and the collapse of the soviet union. and i know people in the united states interpreted that as we one day last.

but here we are in the year 2022, and it doesn't seem as though the united states and great britain and europe understood the lesson of the end of history as well as el salvador. as you're describing it, it seems as though as you aren't giving your view of that essay, very famous essay is that the end of history means the and is the beginning of politics driven more by ideas than ideology. is that a fair thing to say? that is absolutely correct. and as you said, the western didn't understood the less on the history. they further because the soviet union fell apart. i mean, the western won this battle between the east on the west, many of the social is on capitalism. and that is not neither the current and the current situation in order or what was the result of the fell down this. i mean,

you know, okay, it was incredible because in united states, people are still debating, socialism versus capitalism. and there's a big move in the united states. now back to socialism, when you hear something like a universal basic income. when you hear about politicians talking about issues that are fall under the heading of social justice in this type of thing, this is patently socialistic. whereas el salvador is said, you know, we're beyond that, we're move beyond that and with big coin giving the possibility to break the paradigm. what is it about big coin that allows a country like al salvatore, to make such a bold kind of move into the future? what. what is it about the coin you be going so freedom, the freedom of financial decision making process. because so far, the feared currency has been the tool for

a way of sort of the table chief of the big, big support powers in you could say the u. s. door loud, you could say the arrow. you can say the pound of the british foster pound, so whatever, if he had currency is dealed by the central banks or the file by the federal defending they raised is mean that you have the control. and as you control economy, you can, can, you can control politics even culture. i mean, you control everything. so when this new way that the sort of new revolution in the financial fields worldwide show ups, i mean, immediately the people why is, is like briefing a new era of freedom. and we have seen the reaction of the, of the, you know, the collateral institution realizing the tuition for these like the, our bond and we have all these, i mean, but so far,

i think that they understood that this is that they never will win. because do you think they might get the impression they know that they've lost this battle? i think they're still probably in the problem statement. they will still challenge died and they will still warming the nation. the government don't run the risk. you are losing, like you said, all these companies, they're moody is or wage or the standard and poors doesn't say no. it's not about he's losing the grade to because they bid money, they're going. i mean, i think those are sort of a threat just to discourage the pricing and they said no, because we have oil. we have goal with diameter. we're not sure our sources because we could be a bad example for ours. i mean that's hello star. been, you know,

focus on, on the, on the war economy. i think tanks and many people are more of a kudos they are interested in coming to us. how many people have called me for euro from social medical last call i received for was from mexico. the people that interested to come over here and try to do some sort of research to, to socialize with the sales of the exist stanford and south system, isabella. to see how co, how we are managing this ploy. and basically, how gung revealed the legal framework to allow this new or economy of financial system. the chorus healed the bitcoin as a legal tendering, isabella in this, a sort of legal infrastructure. and we are dealing with, does that mean that is, salvador hasn't how or this harmony between the executive branch and the legislative branch. okay, now it's interesting. so let's,

let's focus on that. so 1st of all, you began my talking about freedom and freedom seem to be the exact opposite of what the imap is interested in. what the world bank is interested in, what all the central banks are interested in. they're interested in control. they're not interested in freedom. so if you have a country that is now openly free in the population is free and you have an unconscious gable. well, that's a challenge, enter and a threat to their model of control is what i'm hearing. you also said something very interesting. so with big coin, the harmonization between the executive, legislative and the, the executive legislative and the judicial branch of government. there is harmony. a talk about that a little bit. that's fascinating. how, yeah. because, you know, i, the beginning we were, i mean, the image of the president mckelly was present as a new dictator to a new way of detailed sheaves. he was called the millennial dictator. and these

kind of general blog, ledgent. i mean, something that has all the really not true. now people are realizing that he has on his strong leadership, it being on a strongly that, that he has up that he wide, poor, poor, are back support for the population. now is that the time of the institution to, to present, to him this back support, and that is the time of the new lay. sure. the new national assembly that was selected in february 2020, 2021. okay. by means kind of a one year ago, it offers on may the 1st and from the 1st day, many los were submitted to their lease leaseholder from the executive. that's due to their 2 dears, that we were in office because we were electing and i t in 2019. so we have to wait 2 years until a new assembly or a legal issue was elected. and now with this hire money,

we have proof that the 3 branches of the government did you, the city, the lila 2 and the executive are working in harmony and in the same way. all right, so we're going to cut it off there when it comes back into a 2nd segment. good for now. we say goodbye doctor felix. thank you. ok, pleasure. we'll stay right there and i'll go away. i will move nice chairs that's going to do it for this additional the kaiser report with me max kaiser and stacy herbert again thanks to our very special guest doctor. feel if you are the vice president of el salvador for next time i yeah. ah ah ah ah, it is too much so she must know whom

am i it's about doing a walk through it with a a little to one of them. id well calendar. i'm all chill now. i have to go to lunch with a. 1 life simply looks different when we look through the spiritually aware brain. we're absolutely far more able to bounce back from difficulty and difficulties are seen as invitations to move away from the stock read doors in our lives. open our eyes

and say what life, what spirit guides are you showing me now? this is completely within our birthright. in fact, we function better. i think looking at the preponderance of the evidence, i conclude that we are made whole and as we are designed to be, when we strengthen the spiritual core and bring that into all realms of our life. oh, is your media reflection of reality? in the world transformed what will make you feel safer? heis relation, whole community. are you going the right way or are you being led somewhere?

direct. what is true? wharf is great. in the world corrupted, you need to descend a join us in the depths or remain in the shallows. ah, ah .

a with a camera crew for our sister channel archy, arabic can narrowly escaped shelling in ukraine. the break away done yet. republic . people are fleeing eastern ukraine amid warnings. the calves military is escalating violence in the region. evacuations that have been crossing the border into russia. or you're convinced there's such a tension here in the morning. there was an explosion again, let's go over the death russians know the band in their own. also, the power russia goes ahead with annual testing of its nuclear capabilities. mid threats from the head of nato over what he earlier called aggressive.