they needed fiat, dollars.ank account just sitting there so they could settle with visa 24 hours later. now, they don't need that. they can settle in a matter of minutes. the transaction is irrecoverable in the sense that there is no drawback, it has strong finality. using the anchorage crypto files. that is what we are offering. romaine: i can see how those folks who have bought into the crypto, blockchain world would definitely see the advantage. but how do you approach i guess regular people who are still tethered to fiat currency. which is like 99% of the world. what is the value proposition for them to say, let me do this using my visa-linked card as opposed to just using my visa-linked card with actual dollars? diogo: that is the beauty of this. retail clients, you and i, continue operating in the same way. we can connect our visa card to our accounts, our crypto account at crypto.com, for example, in this case. the first company participating in this pilot. they are spending their money. they don't actua

but now they're doing even more with joe's black fiat providing a much-needed lift to their new jerseyrs. >> we had to do something. we're going to do what we can right here and try to make a difference. >> joe and shirley limberg are the new jersey couple giving their neighbors a lift, literally. >> we'll drive down the street, people will point, look and smile and clap and everything. it's like it's great! >> joe's covi car as it's called might look a little funny, but it's a car on a serious mission. >> maybe we could give people rides to their vaccine appointments, then we'll be helping out everybody. >> reporter: joe and shirley providing their neighbors with rides to and from vaccine appointments. >> every shot counts towards help shortening this pandemic. >> reporter: ms. cindy is one of joe's satisfied customers. joe and shirley offering services totally free of charge. but ms. cindy had other ideas. >> she had a little piece of paper and she gave this to me and said, here, give this to shirley. we opened it when we got home and it was six chocolate kisses in there. it was so s

but the fiat for many people — separate issue. but the fiat for many people is _ separate issue.ng on holiday, and while they are away the rules change and they are away the rules change and they are away the rules change and they are told they have to quarantine on the way back. is the sincere hope that the vaccine roll—out will mean that that cannot happen? roll-out will mean that that cannot ha en? ., . , roll-out will mean that that cannot hauen? ., . , ., , ., happen? unfortunately, it does not sound like that _ happen? unfortunately, it does not sound like that is _ happen? unfortunately, it does not sound like that is something - happen? unfortunately, it does not sound like that is something that l sound like that is something that cannot happen. the government is still trying to come up with plans for this, still trying to come up with plans forthis, but still trying to come up with plans for this, but it seems likely that this could still happen. they said that they will bring in something called a green watchlist. if you are off to a green destination they are hoping t

and he's hungry for even more success of the she love iced tea bit of caution bought them off the fiat of it's for buy it's done up on and it's mccomas well into focus enough you know it's even . so what next for hans the flick he's buying through and through and looks destined to forge the next great did a steal at the very enjoy. no healthy. person has the feeling. of snow. will be. checking how much i am and. the main thing is to stay healthy. not. to search for the last. least secret. little harder to vinci's masterpiece wrote a part of history. art restorers me to someplace in discovery. oh what. a mysterious mcconkey exists oh. d.w. . what secrets lie behind swallow. discover new adventures in 360 degree. and explore the world heritage sites of the cool w. world turned into 3 sixty's get me out now. there is definitely no way i could do that but it isn't a trick by the way it just needs the right technique and plenty of muscle power if only i had no more on that later in this show but 1st a very warm welcome to.

of radical marxist left, he is surrounded by these people, and signing executive orders and issuing fiatstuting the most radical forms of discrimination. >> i think this goes to the '60s. america for first time really. the focus was so much on civil rights and transforming americans to a racial equality. that that that era for the first time america felt an obligation to social morality. you had to have a sense that god's hand was involved in social relations, in fighting racism and so forth. in many ways, the '60s added this idea of social morality to our culture. and it transformed the whole racial issue in america. into something of a morality play. a play of guilt and against innocence. we are still in that. in that format guilt is what america is supposed to -- specifically, white america feel toward as past, what happened in america over last 60 years, we made innocence of racism, confuse it is racial form, we, s on proving your innocence, we end up with political correctness, and virtual signaling. that is what mr. biden and the left is expert at, they are always signaling their vi

only reason we still have will have with you so-called fiat currency, the others have gone down equallyat bitcoin, and others, that tell you something is wrong empeople understand that and currencies, they are losing their way, they may go all the way out if governments cannot stop the rise of cryptocurrency. mark: you are terrific, thank you, god bless you. >> i appreciate it. mark: thank you very much. we'll be right back. (judith) at fisher investments, we do things differently and other money managers don't understand why. (money manager) because our way works great for us! (judith) but not for your clients. that's why we're a fiduciary, obligated to put clients first. (money manager) so, what do you provide? cookie cutter portfolios? (judith) nope, we tailor portfolios to our client's needs. (money manager) but you do sell investments that earn you high commissions, right? (judith) we don't have those. (money manager) so what's in it for you? (judith) our fees are structured so we do better when our clients do better. at fisher investments we're clearly different. stay restless wit

if you think about what effectively the central bank currency is is no more than the fiat currency your pocket, just used in a more flexible way, whether then you -- rather than you having to go to the bank. you have the ability to move these currencies around and it becomes closely aligned with what we see in cryptocurrencies. cryptocurrencies are outside of the control of government and not devalued in the same way. particularly bitcoin having that scarcity value of 21 million bitcoin. i think more more people will start to recognize the value that bitcoin has. in christine lagarde, one of her biggest criticisms of bitcoin is that it provides an escape route from fiat currencies and the negative interest rates. once they have control through central-bank digital currencies. but i think more and more people will consider that as coming back to that store value proposition. juliette: another criticism is carbon emissions. bitcoin mining is consuming 66 times more electricity than it did back in late 2015. do you think there will be more regulatory scrutiny on carbon emissions, and do y

i cannot live in that fear, because that fiat turns into guilt and it turns into shame and then you startne thing that can fix that, it is a drink or drug. —— that fiat tended to go. if you are in the wrong place at the wrong time, as i have been in the past and it is available, it is a really hard thing for your conscious brain to say no to. one of the things i had a long time ago, sobriety is easy, all you have to do is change everything. in my life, i have been surrounding myself with only people and places and things that i know that i feel safe and as time goes, i have to remember that it is always lurking around the corner, thatis always lurking around the corner, that is the burden of an addict. we are everywhere and it is about time we started looking at addiction is a mental health issue, rather than a ethical or moral issue.— ethical or moral issue. hunter biden, thank— ethical or moral issue. hunter biden, thank you _ ethical or moral issue. hunter biden, thank you very - ethical or moral issue. hunter biden, thank you very much. l ethical or moral issue. hunter - biden, thank

not only talks it he surrounded by these people -- and he signing executive orders, and he's issuing fiatsms of racial discrimination. what do you make of that? >> this mark, i think goes bag to the 60s. in the 60s, america for the very first time really and because it was such the focus was so much on civil rights -- and transforming americans racially to racial equality and so forth that -- in that -- in that era for the first time america felt an obligation to social morality. you had to have a sense that god's hand was involved in social relations and fighting racism and so forth. and so many ways this 60s added this, this idea of social morality to our culture. and it transformed the whole racial issue in america into something of a morality play. a play of guilt and against innocence and we're still in that, and in that -- in that format, guilt is, of course, what america is supposed to specifically white america supposed to feel toward its past. what happened in america over the last 60 years is we have made innocent a racism. we've confused that with actual racial reform which woul

stable coins are going to make transactions on top of fiat rails way more efficient.ts are tired of paying fees on every single transaction. they are tired of broad and not -- of fraud and not having an immutable currency like cryptocurrencies allow for. i think stable coins are going to usher in this next wave of adoption with more efficient payments. merchants, our merchants included, are going to adopt those stable coins to accept bitcoin more widely. and consumers should ultimately have the choice of whether they paid with bitcoin, whether they pay with stable coin, and they should opt into the currency of their choice. whatever is more efficient and makes more sense for their needs. and merchants should be able to accept any currency that consumers are willing to pay with. taylor: alex, let me follow-up with you again that, because you mentioned consumers should be able to pay with whatever currency. just given the numbers on your platform, i know for example i use rakitin but it is cash back. have you found consumers have pivoted to your platform because they ac

legitimate funds and then an exchange where criminals sell the mixed crypto on exchanges for foreign fiatto dollars again that bad guys can use. the question is, what do you do about all this here are some of the recommendations from this organization they're talking about allowing anonymous sharing, incentivizing sharing of wallet addresses, ransom notes know your customer regulations and want anti-money laundering regulations to apply in the crypto world they want sec enforcement and traditional banks to pursue sec enforcement of crypto currency businesses that fail to register as broker dealers, for example and then the old fashioned one, see something, say something exchanges and other crypto players say should file suspicious activity reports, sars reports, just like we see in the financial world and they also want the irs to continue its crackdown on tax evasion signatures which would allow more tracking of some of the bad guys here in this space. a lot of recommendations here and we'll see how many are actually put in place in this crypto world which is sort of like the wild west a

he's hungry for even more success of the album as he left iced tea with uprising bought them off the fiat of its full bodied system not only on its mccomas well into focus enough the noise he did. so what next for hands he flipped he's bought through and through and looks destined to forge the next great did a steal at the ferry in giants. missing berlin nicole clinician shows us things that we can still do despite corona and the pandemic cells to be underground to discover incredible architecture in the german capitals and brand new subway stations and when you see in the theaters close again what exactly does berlin have to offer so there is even now a lot to discover. it is quite as simple as it seems. to understand the world better we need to take a closer. experience not to. strong g.w. . i believe it and this is climate change brags that sex. happiness increase books. this is the book for you. to get smarter for free. minute. leg. length. right now you could say berlin is in between in the state of flux actually like much of germany.

look at this fiat. dollars so done it in a bit among the remote but it will be you will the rapid support forces have rocket propelled grenades they have targeted the opposite camp and going on there you sure look everyone this is what saddam is going to be like actual helpless with a near your balcony on the shore so an eyewitness account from the ground they have dozens have already died into communal violence many rebel groups are not on board with that juba peace agreement and ambassador pace has how fragile is the security situation in sudan the situation in sudan and such is not the situation in darfur particularly in worst of course it's true for china and what we are seeing in the town of jena where your eyewitness are and is reporting from we are seeing it in exactly perhaps town was a 3rd now less than in the earlier and a half an hour it's a saying constellation of injured common pleasures we're sharing a little bit less quirky sense that this ship pleasures between different troops is about

to me is collapsing and dissent increasing opinion to media fiat says that hominess party will change the most barbequing families are struggling in your money diary an escape crisis and the answer of the regime has been more repression more violence in their case you have to this light is open in millions for dan it will their absolute power at trees and that isn't that they don't want you. to this communist party is one of only 4 in the world that remains in power and describes its future as one of continuity guaranteeing that continuity with a more in bold and younger generation of cubans may no longer be so easy to see in human al-jazeera. the party of germany to angela merkel has backed arm in last chat as the conservative candidate for chancellor september's elections a christian democrat leader was supported by more than 3 courses as senior party members in a secret ballot oppose a weeklong power struggle with rival laughers soda from the sister c.s.u. party alliance is under pressure to agree on a candidate after his popularity plummeted during the pandemic. former u.s. vice p

ana me is collapsing and dissent increasing opponent across media fiat says the communist party will change the most barbequing families are struggling in your money diary an escape crisis and the other side of the regime has been more repression more violence in their case you have to this light is often in. meehan's for dan it will their absolute power. and that isn't that they don't want you. to this communist party is one of only 4 in the world that remains in power and describes its future as one of continuity guaranteeing that continuity with a more in bold and younger generation of cubans may no longer be so easy to see in human al-jazeera. britain's prime minister says he'll consider legislation to stop english football clubs from joining the proposed a european super league boris johnson gave the english football association his unwavering support in its attempts to stop the breakaway competition 12 of europe's elite clubs plan to join the new multi-billion dollar project if barker is in london outside chelsea's ground at stamford bridge he has more on the growing backlash a

insane then it's insane now it should be reversed it should be reversed by law as well as by judicial fiat but we have a problem in this country because the arc of the immigration move men and you know my colleague is right this is the process that the biden the strace who welcomes unaccompanied minors flowing into our country then we are required to take care of them we shouldn't be we should absolutely positively send all these kids back we should take care of our kids 1st the reason why donald trump succeeded in 16 with the america 1st initiative the notion was not just because he was persuasive it's because americans are sick of putting ourselves before other people love your neighbor as yourself you have to love yourself 1st you can't share in your neighbor be for serve your neighbor it for you serve your own kids and san diego right now the people there are getting a firsthand look at a system that degrades americans in favor of foreigners that's a choice but it's one that the american people have rejected should reject and will reject and it's a disaster well but that's the thing ad

fiat then they were out again last night, shifting people-— shifting people.ople. pot from the i anti-social behaviour, mountain anti—social behaviour, mountain rescue teams so many visitors are putting themselves at risk. t rescue teams so many visitors are putting themselves at risk.- putting themselves at risk. i think the big problem — putting themselves at risk. i think the big problem we _ putting themselves at risk. i think the big problem we have - putting themselves at risk. i think the big problem we have got - putting themselves at risk. i think the big problem we have got is i putting themselves at risk. i think. the big problem we have got is that there are lots and lots of people expecting to come up to the lake district, many of them for the first time, many of them hit came last year and loved it, that's great, but they're not really coming prepared. richard is urging visitors to use the safety smart website before arriving, but says even before overnight stays are legal, people are coming in big numbers. mas overnight stays are legal, people a

insane then it's insane now it should be reversed it should be reversed by law as well as by judicial fiat but we have a problem in this country because the arc of the immigration move men and you know my colleague is right this is the process that the biden the strace who welcomed unaccompanied minors flowing into our country then we are required to take care of them we shouldn't be we should absolutely positively send all these kids back we should take care of our kids 1st the reason why donald trump succeeded in 16 with the america 1st initiative the notion was not just because he was persuasive it's because americans are sick of putting ourselves before other people love your neighbor as yourself you have to love yourself 1st you can start a new. neighbor be serve your neighbor it's what you serve your own kids and san diego right now the people there are getting a firsthand look at a system that degrades americans in savior of starters that's a choice but it's one that the american people have rejected should reject and will reject and it's a disaster well but that's the thing adage y

vaccination programme, it might stop vaccines from working, and if the vaccines aren't working and this fiatasily that will put pressure on the nhs. so it is all of those things factored in together, looking at weeks�* worth of evidence, trying to make sense of it and go, "right, ok, this is what we will lift and how we will lift it." that was laura foster, our health correspondent. so today, the prime minister will also give details of a "traffic light" system for restarting international travel. our transport correspondent, caroline davies, looks at how it could work. from the engine to the seats and every last screw, preparing for international travel takes time. ever since the prime minister mentioned the 17th of may as the first date when international travel could start from england, many in the travel industry began gearing up ready for then. while work is underway here at luton airport and across the uk, scotland, wales and northern ireland have yet to commit to a date. the industry is crossing its fingers that international travel will restart. the thing we need to hear is that trav

just don't think it's going to become this rival to fiat money that some people claim it will be. manus: it's a rip more of a story. for public disclosure, i have no -- here we go. do i want to own and exchange, a currency, or piece of blockchain? what is the smart way forward in crypto? ed: we think the blockchain is here to stay. that can have all sorts of uses. we are seeing it used in collectibles, non-fungible tokens for the art world is going crazy about. if you can get investments that capture the various different blockchain protocols, that can be a really good investment. that doesn't just rest on bitcoin going to many trillions of dollars market cap. it doesn't have to do that for the blockchain to become a marketable and profitable platform for which payment companies can leverage off annmarie:. thank you so much for that, ed smith, joining us this morning. just ahead, the biden administration is said to be readying sanctions against russia over the solarwinds hack an alleged election meddling. that story is next. this is bloomberg. ♪ annmarie: good morning, this is "bl

it is hard to see an environment to fiat currencies. if you saw this morning with jp morgan's announcement several weeks ago, obviously some of the institutional interests that started in q4, we are going through a very similar adoption story to what we did with gold, from 2006 to 2013, where the world went from basically no gold to 1% to 2%, maybe 3% over time. that is very different in the cycle than the last two. we expect to see that. i think mike talked about this well, but when you cut new supply and half, if you just keep doing it constant, prices are going to go higher. but when demand increases substantially, prices are going higher. so we are still the middle and east of this market -- we are still maintaining the ease of this market. jonathan: how concentrated you want that bet to be? within the wider portfolio? your tolerance levels around the volatility, how do you make decisions around that? troy: you have to look at correlation behavior. it is very important in your portfolio. for instance, if you had 90% in gross, high b

kennedy: they are and as you pointed out, it executive fiat taking immigration policies which is policyall if it changing every few years. it is actually cool that you don't identify what the problem is and you don't come up with a set of solutions to fix it, neither side wants to do that. what are your thoughts? >> i've heard the blame here not specifically on biden or trump so i think both of them failed to medically at the border. what i would say, the inability to make policy and consistently convey to the world what the policy is about whether people can come and what happens when they do. i know neither party actually likes the solution but there is a way to avoid abandoned children wandering in the desert alone and that is too just let people who want to come here, to raise their families here in. that child was there because his parents thought it was the only way he have a better life and the fact that ended nearly and tragedy in house for so many other families, both republicans and democrats to figure out how to work together and clear about who can come and why they need to

transactions are whether or not sovereign governments will support it governments will not just let their fiat facebook tried it. you remember a few years ago that didn't work out decentralized finance is almost a utopian thought that everything is frictionless and there are no middlemen what are we doing as a marketplace. the marketplace is valuing the middle men coinbase is an exchange and k cust custodian. there's nothing magical about this that valuation level is extraordinary if you believe that the block chain will take all the friction away. then coinbase isn't wornts what t -- worth what they think it is. there's innovation that will occur, clearly >> that's an interesting point we'll see as it evolves maybe it will eat its own the deal making off the start. investment banking what kind of deal do you see for the rest of 2021 >> our backlog is double digit in increases over what we started the year at. we had a favorable market. i would tell inverssstinvestorsn go away. i think you'll see consolidation this summer. the concept of inflation and what that means to markets will become a b

statehood, and puerto rico statehood, and the wholee i idea of ruling by executive fiat.understanding, i'm not a harvard professor like yourself is that we are supposed to have a legislative branch of government. they are supposed to pass the laws, and joe doesn't get to write his name on everything and say done and forget that branch. >> as far as court packing i'm unequivocally opposed to it. it's the beginning of the slide toward the end of the supreme court as a neutral institution applying the rule of law. it would just mean that every time one party gets control of both houses and the presidency, they add justices to the supreme court but we'll get up to 25-35, who knows, maybe 100. the president has appointed a commission, some of the moderates, some of them quite good, but some of them are extremists. my former colleague professor laren's tribe. he is not a neutral objective constitutional scholar. he's a result oriented constant constitutional manipulator for who they always come out according to his own political preferences. if his views were to prevail, he's r

vaccines from working, and if the vaccines are not working, and if the vaccines are not working and this fiatl put pressure on the nhs. it is all of those things factored in together, looking at weaks' worth of evidence, trying to make sense of it and go, right, 0k, to make sense of it and go, right, ok, this is what we will lift and how we will lift it. so ok, this is what we will lift and how we will lift it.— how we will lift it. so hopefully will aet how we will lift it. so hopefully will get confirmation, - how we will lift it. so hopefully will get confirmation, but - how we will lift it. so hopefully will get confirmation, but we i how we will lift it. so hopefully - will get confirmation, but we don't know obviously, we expect the prime minister to speak sometime after half past four this afternoon, and if you are watching now stay with us because we will have coverage of that, joining viewers on bbc one for a conference about the news conference and the reaction that —— a programme about the conference and reaction to it. those... you mention four stages. what are the other two? they

psa and fiat came together, they have had plenty of knock on effects in terms of their u.s.ion capacity. certainly the automakers. you also have another in the string of people speaking, an auto supplier. they are lobbying the likes of the government, asking taiwan government, not just its own government, to monday hand. stop putting automakers at the back of the queue. there are winners. we have chipmakers. they are doing well. the likes of nxp doing well. notably, the chip equipment makers. asml, the biggest customer is tsmc. when tsmc says it will spend more on beefing up its own capacity, they are going to win out by it. emily: tsmc, the dominant foundry and based in taiwan. we will talk to peter about that shortly. let's talk about the eu's plan. they have a plan. what is the plan and will it work? caroline: there is a plan, perhaps not much detail on how they enact the plan. they have the digital compass they have come up with. big and bold, as politics tends to be. by 2030, they want to be doubling down on the most efficient chips. they say they want to be making 20%,

executive action again and bypass the coequal branch of government as usual and do it through executive fiat. i'd expect a lot of court challenges. but in the interim, that'll probably be something law-abiding gun owners will have to abide by. >> sean, you are right to note that the executive action is completely also to bypass congress. he doesn't have the political capital in the senate to get this done. no way joe biden is going to convince a number of senators including joe manchin and i'd even wager kyrsten sinema to sign off to this stuff. of course, that pen and paper only goes so far. but to go after hobbyists? i want to make this very clear, sean, for everyone clear on the show. ghost gun is a term used by people who have no idea that this activity is already federally regulated. 18 usc 923. it's also covered by the national firearms act. 27 cfr 478. this is already federal law. there is no gun that that can be sold without a serial number and that's why they called him ghost guns. they act as though they are untraceable. that is alive. if you're a hobbyist, you want to go out into

everything democrats do, everything they say, every bill they enact or through executive fiat in theoke of a pen, every group they pander to, it's although shameless attempt to use your money so they can gain power hopefully in their minds in perpetuity. buckle up. you better brace yourself. if they are successful, this democratic socialism like every other socialist experiment before, it will fail. it will destroy the u.s. united states of america as we know it. here with reaction former white house chief of staff mike meadows, ohio congressman jim jordan. congressman meadows, let me start with you. you were in the white house with donald trump. 450 plus miles of brand-new wall. kids are being dumped 14 feet down. now you see the overcrowded detention centers. frankly i find it abusive towards these kids. the stay in mexico policy. ending catch and release. joe biden says this is donald trump's problem. he caused it. i beg to differ. >> you beg to differ because actually joe biden was warned. my good friend jim jordan has highlighted this. the biden administration was warned that if

ford a slight increase and fiat chrysler up 5.1% a couple of specifics to talk about.verage transaction price, average price of a vehicle over $40,000. that is a record high. the q1 inventory did come down by about 76,000 vehicles that's because of the chip shortage yesterday the cfo told an investment conference that they're pretty confident despite the shortages they'll hit the target that is they put out there for full-year performance. toyota best march ever for both toyota and lexus you saw that the overall q1 sales up 21.9% for toyota and hyundai, today talking to the ceo of north america and had the best monthly sales ever in march. with sales jumping in q1 by 28%. the number to focus on later today, guys, what will be the sales rate for the first quarter? most believe it's going to be 16.5 and 16.7 million vehicles we haven't had a quarterly sales rate that high going back into 2019 somewhere in that time range and not 2020 maybe fourth or third quarter of 2019 the last time with 16.5 million vehicles as a sales pace. >> thank you very much business is good the

also be thought in part as a chinese financial weapon against the u.s., where it is, it threat'ses fiatey but especially the u.s. dollar, and china wants to do things to weaken it. >> peter thiel talking about the chinese and bitcoin earlier in the week our friend art cashin says the chinese, in fact, he agrees, are concerned all international currency settlement winds up under western control. in some form or another. whether that's in belgium or what have you. that this is the one play they're putting on the table what do you think? >> look, you know, we will look at disruption and innovation and invest in that all the time. whether it's artificial intelligence self-driving cars. bitcoin or cryptocurrency not exception to that, and what, when they with about disruption, there's always disruptions in new technologies to a certain extend pete hear a one-sided view of this disruption that's happening with bitcoin and sort of cryptocurrency cryptocurrency out there what we've seen in china, a lot of trends around the move to the cloud and adoption of models by a lot of local enterprises e

i bought a little bit, different names, but what i'm looking at is the $5.1 trillion fiat that we created that we didn't expect to create under both of our recent presidents in the last year or so. and then we look at plans for another $4.2 trillion or so over the next decade, then we look at -- you saw the ism this morning, right? it looked great except for the small print underneath. they tracked 57 commodities, all 57 went up in price, 0 went down in price, 27 are declared to be an outright shortage. we're going to go into a period of pent-up demand for services. the fed trying trying to be accommodative, corporate a tax rates are likely to go -- [audio difficulty] global profits are going to be taxed at a higher rate, and the legislative process is about to get real ugly which is going to cause volatility in the marketplace. before i give you a -- [audio difficulty] would you like me to go on or give phil a chance to jump in here in. [laughter] because i can go. lew liz i want to know what you held on to. >> okay. all right. [laughter] what i'm not selling are the semis and the banks.

competitors, in my view, to the primacy of crypto networks and bitcoin and other currencies is traditional fiats. the most powerful traditional, franka so positive steek globally is the u.s. dollar and the government backed by the united states. if i'm the united states government i'm thinking hard how to balance this supporting an ecosystem and primacy of the dollar, which is so important. one thing i would consider the other element i consider is the fact that with respect to geopolitical risk, the cryptocurrency is actually trying to speak to a very important trend. trend of decentralization. seeing it in cloud, in the media, seeing it as we talked about market participants. people want more control, more agency at the individual level, and that's something that is really playing out across so many different sector of our economy. crypto is a really important story there, but governments and institutions of all types will have to grapple with that, because they are fundamentally centralizes forces and a little bit of a, a little bit of a tension there to manage. >> yeah. no it's definitely tr

. >> i'm interested in the whole idea of ruling by executive fiat. my understanding, i'm not a harvard law professor like yourself but we're supposed to have a legislative branch of government. they are supposed to pass the laws, and joe just doesn't get to write his name on everything and say done and forget that branch. >> well, as far as court packing, i'm unequivocally opposed to it. it's the beginning of the slide toward the end of the supreme court. as a neutral institution applying the rule of law. it would just mean that every time one party gets control of both houses and the presidency, they add justices to the supreme court. get up to 25, 35, who knows. maybe a hundred. the president has appointed a commission. some are moderate. good. some are extremists like a former colleague. he's not a newt which you will objective constitutional scholar. he is a result oriented constitutional manipulator for whom the constitution and the supreme court always come out, according to his own political preferences. and if his views were to prevail, he's

made a whole range of allegations relating to the downing flat, allegations relating to the downing fiatsecond — flat, a leak enquiry at the time of the second lockdown, in relation to james _ the second lockdown, in relation to james dyson's texts. there is a huge amount— james dyson's texts. there is a huge amount there. also the whole greensiti— amount there. also the whole greensill lobbying investigation going _ greensill lobbying investigation going on as well. this is not going to he _ going on as well. this is not going to be one — going on as well. this is not going to be one minister stands up at the dispatch— to be one minister stands up at the dispatch box and we get to the bottom — dispatch box and we get to the bottom of this, this is going to drag _ bottom of this, this is going to drag on — bottom of this, this is going to drag on and on. that is the real danger— drag on and on. that is the real danger for— drag on and on. that is the real danger for the conservatives and the government, i would danger for the conservatives and the government, iwould have danger for the c

and they want to destroy lives and livelihood and do it by government fiat.rough creation of new technology. it is literally, joe biden is counting on not being around by the time everybody is unemployed in this country. we are handing out economic power to china and other nations that hate us. a belch out of john kerry, or joe biden would be more honest than what we have heard of. >> greg: and it would smell like wood. you know, martha, when way to reduce emissions is to keep the flock down. you know, how interesting is that? >> martha: except john kerry because he is very important and he can't get to his meeting unless he is a private jet so you all are understanding. i think what is fascinating, china watches this and they are trying to compete with us militarily, economically in every way possible. they chimed in and one of the deputies in the chinese government said, we have 1.5 billion people here. i don't think it is realistic for us to try to do this. and i thought, well that's fact. they are not even going to attempt this. we are going to my growing

as you have pointed out it is executive fiat that's dictating or immigration policy.ch is not policy at all if is changing every few years. it is absolutely cruel you do not identify with the problem is. you don't come up with a term of short-term and long-term solutions to fix it. neither side wants to do that. so mike's point, what are your thoughts? >> i put the blame and not specifically on biden or trumper think both of them have failed dramatically. what i would say it's the inability to make policy and consistently convey to the world what our policy is. people come here what happens when they do bright out neither party actually likes the solution. there is a way to avoid abandoned children wandering in the desert alone. that is to just let people who want to come here to raise their families here, in. that child was there because his parents thought that was the only way he would have a better life. and the fact that ended nearly in tragedy and it's been tragedy for so many other family lies squarely at the door both are public and that democrats. they need t

governor has chosen to ignore science, data, facts, and chosen to govern by bans, mandates, and personal fiat. >> reporter: the oil industry says it knows california is focused on solar and other renewable energy as the future. but they inseize they should've been the larger part of the talks on deciding the future of fracking. >> here's a ban of nearly 20% of energy production in the state. and that's only going to hurt workers, families, and communities in california, and, then turn our energy independence over to foreign sources. >> reporter: he calls a ban on oil production in california by the year 2045. the oil industry says not so fast, saying they're ready and now planning to take the fight to court. damian trujillo, nbc bay area news. >>> making it in the bay is happening in near record time for some home buyers. while san francisco homes are staying on the market about three weeks, oakland and san jose homes are selling within days. the realty website found that in march san jose homes averaged 11 days before they were sold often with multiple offers. that competition pushed up the

the fact that ford, gm and formerly chrysler fiat were all in attendance at this meeting indicates how hard the shortage is hammering the auto world. all the majors both here and overseas have been forced to idle at least some plants due to the chip crunch. but it's car dealers all across america who right now have been left high and dry waiting for thousands of pre-ordered vehicles that are nowhere to be found. the owner of six car dealerships in new york and new jersey, tom joins us live from his celebrity dealership in new jersey. tom, when did you first notice that there was a problem receiving cars that was specifically related to the semiconductor shortage? >> well, listen, it happened -- it started evolving after the ramp-up when business started opening up from covid. you know, i saw this coming. my background is supply chain, i used to own a global logistics company, so i get it. i called this over a year ago. i saw this coming. you know, you can't just shut down plants. you know, there's thousands of parts that go into making a vehicle, and when you shut down that plan, it ge

party and are determined to sabotage you, there is a limit to what you can accomplish by issuing a fiat or putting out truth at the top if you are going to be undercut every step of the way by the governors. and in a very real way that is debbie way chose problem. it has got 194 member states and a fair percentage of the states are more than happy to accept services and information from w.h.o. but don't you dare demand they provide truth act of the institution. and you know, fortunately this all started in china which from the get-go was not providing accurate information to w.h.o. heidi. >> high totally agree, that is part of the complication right now. actually there are some corners of the world that do not trust global entities who they see as counting and controlling basically. so, i think also in this era we are in, we see obsolete change public in a decade or two decades ago. they don't want one universal truth. they would not trust it. they want something that is locally evidenced that they feel is more tangible. in fact they feel like the truth has become far too remote from th

the funding is being handled around downing street, it's flat handled around downing street, it's fiate renovations of it. we had the _ flat and the renovations of it. we had the accusation that dominic was responsible for making various messages of the prime minister had come _ messages of the prime minister had come at _ messages of the prime minister had come at this is more than rebuttal, this is— come at this is more than rebuttal, this is him — come at this is more than rebuttal, this is him bringing many more issues — this is him bringing many more issues into— this is him bringing many more issues into the mix that now create a big _ issues into the mix that now create a big problem and big headache for number— a big problem and big headache for number 10. a big problem and big headache for numberio. —— responsible for leaking — numberio. —— responsible for leaking various messages. i spent four years — leaking various messages. i spent four years working in number 10, leaking various messages. i spent fouryears working in numberio, it is the _ fouryears working in numberio, it

it threatens fiat money, but it streshl threatens the dollar he says he is not against cryptos but that government should take a look at why china is long bitcoin. bitcoin higher again today, up nearly 700% in the past year michael, explain this to me. how would china use bitcoin as a weapon to weaken the dollar? >> welling i think, you know, the general premise here is that bitcoin's ascend ants does come at the expense of the dollar's role as the world reserve currency if in fact china had some kind of participation in that trend where the u.s. dollar not essential to the world financial system and economy as it was with and meantime, if in fact official chinese authorities are owning bitcoin and benefiting from its appreciation it could tilt the financial balance of power i suppose. it is interesting because teal is very much an advocate for cross examinations and bitcoin as well. he points out this becomes disorderly in terms of a power relationship thin if the ultimate destiny of bitcoin as the true believers out there for it see it as overtaking existing currencies would have unin

all these fiat currencies are very volatile against bitcoin as they slowly disappear from view.e have a better currency, when you have a better anything it's slowly but surely moves through the population and people say hey, this is better. i can save 2.5 to 4% every time i swipe my credit card i can do micro payments. i can send money overseas. i can pay employees overseas and if you pay in bitcoin, boy, those employees are very happy, particularly if they're in argentina or venezuela or nigeria because those currencies drop significantly every single year talk about trust in a government if you don't trust your government to hold the currency high enough, then there is also no incentive to build anything of great value because you realize that it's going to just drop 70% a year. so you build up something of great value and then every year the currency drops 70% in argentina or nigeria, they love bitcoin there. they're saying oh, my gosh, it's our savior i can build something of value and hold it. >> tim, you're talking about bitcoin as a currency, but, you know, incredibly vol

live in the fiat — extraordinary unforced error.it was or make the case for the _ in the flat as it was or make the case for the taxpayer to find decent living _ case for the taxpayer to find decent living accommodation for the prime minister. _ living accommodation for the prime minister, perfectly good case to be made _ minister, perfectly good case to be made there. but you try and do it under— made there. but you try and do it under the — made there. but you try and do it under the table, to try and manipulate to get luxury living on somebody else's dime when you know the political regulationjust strikes _ the political regulationjust strikes me as a weird kind of cavalier— strikes me as a weird kind of cavalier approach to decent public management. the cavalier approach to decent public management-— cavalier approach to decent public manauement. , ., ., ., . management. the guardian, outrage number ten — management. the guardian, outrage number ten rules _ management. the guardian, outrage number ten rules urges _ management. t