and then, so, you know, we're here in el salvador. we'll be here for a while and we'll probably end up be here all the time. right. but there is another old fiance world, a story that it was in the news, and the president of el salvador now jeep and kelly responded to it by we can't read his tweets here because of course, the global regulators do not allow that sort of speech on here about d g, a f, in terms of this tweet about moody's downgrades el salvador sovereign debt due to bitcoin trades. of course, the president here made it known that we don't care, you know that you're the old b out world. we don't care about your fiance frauds and i'm no, as we've been laying out your inflation, your vast plunder. we don't care about your economic model, right. moody's as a credit rating agency. and they've got a long, long history of fraud and, and their most int, he used his own by warren buffett. they gave of course, collateralized more debt mortgage obligations right before the crash on wall street, 2008, triple a rating. thanks to that

and that is that we went to the future and that is hyper bitcoin ization and el salvador. so once we were there in the future, we said, hey, why do we want to go back to the past? which is the all fiance world ruled by, oh, some boomers, and in the case of buy it and he's the higher the generation before whom our generation, i think it's a silent generation. and it's a decaying empire of bad debts and bogus derivatives and fraudulent oligarchs and things like that. so we decided we're going to spend more time in the future. and that includes going to the future wishes latin america, which is the developing world, which are the citadels of bitcoin. and that's what we're going to do. yes, speaking citadels in now we were in el salvador, one president who kelly announced bitcoin city was she likened to alexandria on the various city states of alexander during the time of alexander. and i think he understands that the big coin city idea can be replicated all over all salvador latin america in the world as the world taps into geothermal and other renewable energy to create the

yes, speaking citadels in now we were in el salvador. when president bu kelly announced bitcoin city was she likened to alexandria on the various city states of alexander during the time of alexander. and i think he understands that the big coin city idea can be replicated all over all salvador latin america in the world. as the world taps into geothermal and other renewable energy to create the harvest money ever known to man. to obviate obvious, gay, obliterate the legacy systems of fair money, central banks, banks, as we know them, and that is the future, and they are living in the future right now in el salvador. thus, while we are going to go back to el salvador, so we can once again join up with the future on the rocketship, not as big coin, and i'll be happening right as we speak at this time. i believe as this shows airing, we're going to be on our way back to the future, back to the future into the past. all of it is now and speaking of future the guy, michael sailor, c e o of micro strategy saw the future. he's radically impact

ah ah ah mash kaiser, this is the kaiser report were in l. dante el salvador, lapping up the luxury of the y. who oh val with dor when it's mountains and waves and bitcoin adoption, things are happening here. there's mountains, by the way. our volcanoes don't to send that one who went to be careful when should also be careful of the hot lava of inflation flowing everywhere. the interesting thing to observe from our per chair in paradise at the best surfing beach in the world l, zante bitcoin beach, is that inflation is rupturing everywhere. and when it is impossible to contain, remember back in 2008 to 11 period max. when ben bernanke claimed they could stop inflation from happening within a few days. well, a few months later, as inflation continues to grow bigger and bigger of a problem, especially as we head into the mid terms. well, the blame game is starting saudi crown prince. mohammed's been solomon is enacting revenge, and democrats for the parties increasingly stand offish attitude toward the kingdom by driving up energy prices and fueling global inflation rates. ryan grim and

it's happening specifically in el salvador, goodbye portrait man, have a nice life. you're done with the greatest societies and cultures of history, moments of history for built upon the foundations of hard money and hard thinking and low time preference. so you had ancient greece, you had the renaissance, you had enlightenment, not because all those people were racked up with lowes, a debt that required those thinkers in those people in those individuals in his artist than those discoverers and explore as to, you know, have to work 3 or 4 jobs in order to keep current with their death, but they weren't concealing mass amounts of junk food and bloating themselves up and needing to. i, you know, stay in the hospital for half their life with diabetes like this was a time of great contemplation, obviously that obviously existed to create such a powerful epoch shifting ideas and cultures and societies. right. hard thinking and i hadn't heard that phrase before, but it, it can go back to ancient greek and it is about philosophical thinking in the invention of philosophy,

very concerned about big coin and el salvador. you are one of the 4 guys right here in big point beach, all santa, who helped spark the hyper big quantization revolution. what is your response to the i'm math? that's a good question. well, i would love that someone to review then asking why they're like, so worry about it because a side by the way, and we just see if benefit and beacon is bringing hot for our country and our people are getting or dreaming again. so i don't understand, but i would love like i say that someone interviewed then and that they can speak why they are so worried about it. you know? yeah, that's a good point. now they don't actually say why they don't list any reasons why they're concerned about el salvador and big coin. they simply make a categorical statement that we at the i m f on our ivory tower overlooking the globe from our position of being associated with america. and all the military might of america, i've decided we don't like this, but they don't back it up with anything. i think that's why pe

perfect case being el salvador. you've got these volcanoes, you've got geothermal energy, they're going to simply tap into that to my big coin. and that was energy that was just going to go to waste. yeah. i think the root of it is people don't value bitcoin, so they like to critique the energy consumption of bitcoin. but i think for a $11020.00 term what hours a year. you pick any other thing like gold lining. that's more than a 130 feet money system, you know, h m as banks, lights, data centers, that's more as well. i think, maybe 140 hours a year and always on devices which what you're referring to like, you know, amazon alexa's and things like that. they're just waiting for your commands. those things are like $200.00 her what hours of power a year. so the coin is nothing. and as you saying, we can tap into great sources and energy. we can tap into volcanoes, we can get geothermal energy in mind. bitcoin go to where the energy is, we don't need to transmit. and that's the difference that the coin has. we can go

will quino, a moshi and an el salvador flag. right. and you know, i laugh when i see big coin, ours, who by the flood of all the usual suspects, slinging mud, that al salvador, for whatever reasons. and he get a few bitcoin, his child, me and like, oh, look lot. you see that there's a problem there. if, if you believe that you're not a bitcoin or ok, do you think that then go play in the old going market, go play the theory and go play with dodge coin. okay? you don't understand bitcoin simple as that. a coin fixes everything and it, that's the thing is if, if you've got big queen then it's, it's whatever your problems might be. it's going to be fixed real soon. it might not happen today might not happen tomorrow, but it will happen soon enough. certainly relative to other nations, as fidelity, is even pointing out that all of the nations are going to have to accumulate bitcoin in some way as either today while that eat the ability to hedge is not only easier. there's some liquidity and availability of, of coins at this price, b

the international monetary funds call on el salvador to draw bitcoin as legal tender was the front page story in just about every local newspaper in the capital san salvador. it seems, every one has an opinion about it. this shocked owners don't like the outside interference. the accepted bitcoin as a means of payment and for them is no turning back. well, not that back, that he yeah. removing bitcoin would affect us because people already know that we accept bitcoin. what they already know, that they can carry their money safely on their phone. but it would be a step backwards. many here agree, and it's no wonder then now most all the dorians with bitcoin wallets than traditional bank accounts, their coach, he will, while it's here, this hate him, machine can convert between bit coins and you was dollars because both currencies are legal, tender in el salvador, many get remittances from relatives abroad by achiever, with charges lower fees than regular banks. and that's a theme. nice idea of what, in my case, i would not agree with the elimination of bitcoin because i haven't benefited

yes. max we are in el dante, in the state of la liber todd, in el salvador. we are going to be here for the next few months, is a super hot. we're going to get a new look which is for the super hot weather. i speaking of super hi, i'm reading this book right here at kenny's hannah's nigi, but mckelly and i'm reading it in the spanish language. so i am learning this learning spanish. and you know, since we've been here, we've been in the news every day on the local national news and stuff like that. and i want to turn attention to a concept called the economic hit men. because lo and behold, the, the people who bitcoin were called charged with being economic hit man in the headlines here. and the headline reads julia. evelyn martinez opposes the economic development of the country and describes bitcoin errors, max kaiser and stacy herbert to seek to invest in the country as economic hitman. so max, you know, a few months ago they passed the lay bitcoin, the bitcoin law. and this is attracted big pointers from around the world who are in this is like renaissanc

es necesario todo este equipo de protección. >>> viva méxico. >>> con respecto a el salvador como dicen

or stopped in el salvador. is that you can, i'm no longer deny this massacre. you cannot deny the numbers. we have the names, we can list the people we have are slowly identifying through dna, the identities of many of the children so that there's very small caskets can be given back to their surviving family members. so, you know, to say that this is exaggerated, it didn't happen that the victims are lying. this was a gorilla plot. some of the, a salvador and military says that this was a cemetery of the gorillas. none of that is borne out by all the evidence we have and we have a lot. all of it is a ok. well reagan's is this is hector saint thomas. and the said no evidence to confirm government voice is actually systematically mascot civilians. i need your power, i like want to say that he later wrote it not bad and apologize for that in the new york times, i believe, which goes along with what i'm saying about the denials. but he later apologized. he said there was a massacre. he was sorry, he denied it. he

it in moving to el salvador coming here. well, those from the old system, the legacy system from the fia system are not happy with that. yeah, it's the opposite of an economic hit man. you know, you can, i'm a kid, man or low to country up one debt. for a spread coin is equity, it's the opposite of debt. this is an equity for debt swap. and those who are critical of big coin siding the economic good man as prescribed by john perkins in his famous book, confessions of an economic good man are i would say being intellectually dishonest and or lazy. so you mentioned that you can make a hit man by john perkins. he has been on this program is a friend of the show. he's a friend of ours. so i did it once. we were called economic hitman. i was just totally shocked because of course it's not even possible with bitcoin, right? you can't load a nation up with bit camine and there and, you know, take their assets as a swab. that doesn't happen as you mentioned as equity. so i want to read you a, a comment in made in 2015 from john perk

he was deported to el salvador, along with abigail's family. [palacios speaking spanish] [man speaking spanish] palacios: an aid organization in el ejido works with young migrants under 18 helping them get food, shelter, clothing, and even bicycles. they arranged for a group of spanish students to come meet the north african boys. [boy speaking spanish] [abubaker speaking spanish] [second boy speaking spanish] [palacios speaking spanish] [abubaker speaking spanish] [boy speaking spanish] [girl speaking spanish] palacio: while the spanish youth is very aware of what's happening in europe and in spain in general, our moroccan boys do not know the surging of the extreme right in spain, and in el ejido especially, that is working to eradicate completely the arrival of migrants like them. [crowd cheering] woman: europe's nationalist wave has arrived in spain. the vox party secured 12 seats in andalusia, a region with a high rate of both unemployment and migration. man: vox's anti-immigration policies, which include deporting all illegal immigrants an

so think of what you've seen out of el salvador for the past 100 years max. you've seen the resources of this country, coffee, cocoa, all sorts of stuff. agricultural products leave this country, go to america, and the capital, leave this country. and importantly, human capital, people that individuals the 3000000 salvadorans who left over the past 40 years from this nation to the united states. that's exactly what you would see. those are, those are the symptoms of being hit by an economic hit man. the opposite would be if you see people drawn to your country, people from around the world moving to your country that we suggest the opposite is happening, that you're not the subject of an economic member. in fact, you're, there's something different. yeah, it's the complete opposite using fia money, like the u. s. dollar. and using debt. us dollar based debt is extractive. a big coin is a creative. again, it's the complete opposite of what is the definition of an economic kid man by the guy who coined that phrase and those who use this to disparage big coin ea

inyecta un poco de electricidad y mira lo que pasa. ♪♪ >> hay una escuela muy peculiar en el salvadortuvo en esa escuela. >> el fin del recreo se anuncia encendiendo una luz en los pasillos aquÍ no hay altavoce se trata de una escuela de san salvador, el Único en su tipo en este paÍs centroamericano. >> se reciben niÑos de 35 aÑos, sordos, parvularias hasta bachiller. >> aqÍ se especializan en enseÑar alumnos con sorderas muchos de los mÁs chicos reciben sus primeras clases formales, patricia fue alumna de esta escuela por falta de audiciÓn. >> por medio de dibujos que a ellos les atraigan logran captar la audiciÓn. >> la misiÓn es que ellos aprendan lo mÁs pronto posible lenguaje de seÑas para poderse comunicar pero tambiÉn deben llevar el programa de estudio. >> conforme suben de grados se les comienza a inducir a la integraciÓn con el resto de la sociedad. >> laersona sorda se identifique como sorda el poder defender sus derechos mÁs adelante. >> a mÍ me gusta estar con sordos compartiendo porque somos amigos. >> los maestros tambiÉn han aprendido a lidiar con las inquietudes de la

organización bajo la protección del cártel cartel de sinaloa , inmigrans que eran de nicaragua el salvadoros subidos en camiones y llevados al puente fronterizo donde fueron llevados a las autoridades de honduras en guatemala 17 personas murieron en la camioneta que eran transporadas iban a ir a adorar al cristo al cumplirse 30 años de la firma de la ,paz en le salvador hubo protesta contra le presidente bukele que dijo que el acuerdo es una farda sino que los , podían acompañarlos samuel con los detalles >> en memoria de la cuerdo firmado en 1992 por el gobierno salvadoreño para poner fin a 12 años de conflicto armado estos dos enemigos lo celebrasron todo >> un acuerdo histórico que el salvador no debe olvidar >> le permitieron gobernar el país por vía democrática critican a la administración bukele a negarse celebrar el acuerdo >> el gobierno negó los acuerdos >> lo que debería ser un día de celebración algunos salieron a las calles >> hay persecución contra los residentes ufranco retroceso a los riesgos de un posible conflicto >> nosotros no tenemos mido >> otros están contra sus medid

reportera: asÍ recuerdan a personas que fueron fallecidas en el salvador.

. >> una señora de limpieza me dijo que huyó de el salvador ara evitar violencia así y que nunca esperómento?. >> yo no, tenía el micrófono en la mano, tuve miedo después cuando hablé con mi mamá y dijo que estuvo aterrorizada 8 horas >> fuiste nuestros ojos de lo que sucedió hace un año y ha sido difícil entender lo que ocurrió que la investigación del departamento de justicia, la comisión del congreso ha tomado todo este tiempo y seguirá durando más porque es complicado. >> rogelio mora-tagle ha estado siguiendo detalles de la investigación, rogelio, ¿qué tal? . >> así es, muy buenas tardes, la investigación avanza lentamente, el departamento de justicia tiene una cantidad monumental de evidencia, más de 20 mil horas video, tiene 300 mil pistas de ciudadanos comunes, 725 personas han sido arrestadas y acusadas y se espera que todavía pueda detener a otras más, mientras tanto, el comité de la cámara de representantes intenta responsabilidad del presidente donald trump y de su círculo más cercano en la insurrección que se produjo hace un año . >> (sonido ambiente) (gritos) recordando el

paÍs en paz como lo quiere nuestro seÑor justo asÍ se celebrÓ la beatificaciÓn de 4 mÁrtires en el salvadorenÍa 72 aÑos y trabajaba cerca al padre y fraile cosme fue asesinado, con esta beatificaciÓn reconociÓ el mar trÍo de estos 4 hombres. regresando a temas locales por impacto de incendios forestales en 2020 muchos perdieron la cobertura de seguro de propiedad comercial y a partir del prÓximo mes tendrÍan que obtener una nueva pÓliza por esto se aprobÓ beneficio de cobertura que protegerÍa este tipo de granjas, plan que estarÁ vigente desde el primero de febrero, en otros tiempos la sequÍa hubiese jugado un papel en estos incendios, la lluvia nos ha ayudado un poco. >>> las lluvias que tuvimos nos ayudaron que estos incendios no se propagaran rÁpidamente pero aunque fue enero es un mes donde recibimos res por pi tax y apenas las hemos visto, necesitamos lluvia para no caer en alto riesgo de incendios. >>> otro factor a favor la temperatura ha estado fresco. >>> a diferencia de otras veces, la temperatura en esta Época mÁs fresca, veamos, la temperatura actual en san francisco, cielos des

if it's for the good, it's game over for fear. el salvador is the spark that ignite the real revolution that is from the president of all, salvador president. bu kelly. that's right. it's a market ball statement similar to the boston tea party, or the declaration of independence. a president of a country is essentially said that the era is over and of course the euro is focused in the united states and the central bank in washington, d. c. this is no less a statement of revolution than was made against the english by the american colonies. oh, you know, 240 something years ago. here president kelly is making a declaration of independence against the central banks and principally the united states of america and the us dollar. and the great thing is it's, he's guarantee to win because bitcoin is mathematically guaranteed to increase purchasing power over and over gold. and the money is mathematically guaranteed to lose purchasing power versus bitcoin. so he's one before he started. so this is going to be the shortest lease violent and not just say no violent revolution in history game ov

el salvador jumps back and the president of el salvador has want err online. a lot of money regardless of the imf. without the imf. we don't really need the big centralized government type institutions. el salvador seems to be doing okay. it is funny, they're doing so okay they're buying the dip. that is pretty wild. they're buying the dip. charles: less than a minute to go. they're in my ear. a, how much of fed potential quantitative tightening playing a role cutting off the spigots and are you buying the dip? >> i don't think that the key issue here is quantitative easing. the key issue is the current geopolitical situation. we're seeing impending war with russia. people will be selling riskier assets. there is confusion regarding covid. no one really knows what is happening. some countries are lifting rules, some are not. there is risk and doubt. people will sell us riskier assets. am i buying the dip? i always buy the dip. i get paid in dip coin i buy the dip. charles: i set up the account. i got 90 grand in there. i set it up on november 9th at the high.