this is a threat to fiat currency.old. >> i think fiat currency over time loses more and more importance dwindles into some sort of dim minute must meaning to our economy. that is decades long road. free markets again of competing currencies probably work out. charles: before i let you go, what is the most important thing we should know now. >> i would mention, go to sktls.com, i have a space degree cryptocurrency currency. no founder tokens. not getting rich building the thing. trying to do a social good. make the space revolution happen. free to register. we don't even collect your information, how about that? how about that? charles: you brought some coins with you. >> real bitcoins. >> thank you. >> good as gold. got my bitcoin. charles: all right. cody, all right my man. great to see you. talk to you again soon. rideshare companies uber and lyft under a whole lot of pressure right now. apparently yesterday they spiked their prices in brooklyn after the subway shooting. residents are pissed off. should they be? als

confidence in fiat currency around the world has never been lower.ernments around the world are doing anything they can to nip the cryptorevolution in the bud. we're going to talk about that. plus maybe stocks you want to consider as we head into the final trading hour that has been heck of a trading day. we'll be right back. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire we gotta tell people that liberty mutual customizes car insurance so you only pay for what you need, and we gotta do it fast. [limu emu squawks] woo! new personal record, limu! only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪ you can't buy love. happiness. or confidence. but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. ♪ ♪ if you're a small business, there are lots of choices when it comes the to your internetne. and te

for most people who buy a token, at some point, they are going to want some fiat currency, and similar to other people in the world, they usually are going to want a convertible currency that belongs to one of our allies and partners. we are focused on making sure that those countries, there financial institutions, the ecosystem around crypto, are following the rules of the road that help to regulate finance. and we are building up the technological expertise needed to be able to track that type of money. in addition to our sanctions review earlier this year covering what we can better do , to better implement sanctions, there is also focus on what we can do to make sure we are keeping up with advances in technology going forward and , part of that is making sure we bring in the type of expertise that is needed to make sure we understand where cryptocurrency, where central banks, digital currencies are going in order to ensure we are in a position to use these tools to continue to protect our national security. i feel confident in our ability to do that largely because the vast majorit

the ability of the government to borrow and create, you know, create money out of thin air, is that fiat the right word for it? but you understand what i'm saying. isn't this kind of an oxymoron here? >> but you know, if you look at history, governments have always been involved in money, whether it was caesar's head on a coin, or otherwise, governments have always had a role to play and yet at the same time, there have been asset classes like gold, for example, that sit outside of the government role that money, that serve as a check on government spending and in a lot of ways as we go into this new digital future you see a digital goal emerging in the form of perhaps bitcoin that might be a check on government efforts to maybe inflate their way to prosperity which never works, in the form of digital money, but charlie, the point is that every major central bank in the world today, everyone, is working on some form of digital currency, and as we go into a digital asset future i think that it's somewhat naive to think that our own government won't be involved what's important is that the

that's one additional to the photo op of trans law fiat square, he was responsible for courting some of those superspreader of events. i mean campaign rallies, did i mention a moment ago. so where is ornato now, he's back at the secret service serving as the assistant director the agency's office of training. isn't that crazy? trump appointed a senior secret service agent from his detail to survive his political team in the white house. we asked secret service for the comment, but they don't get back to us. i don't know about you, this far too many unanswered questions still about the role of various officials, and various institutions when it comes to the attack on our capitol and what's become trump's role in cool. these 16 committee public airings cannot come fast enough, and yet there is still our -- remember, an unpunished coup is just a training exercise. joining me now is carol leonnig, national part of the russian doesn't msnbc contributor as i mentioned, she's the coauthor of i alone can fix it, and the author of zero fail, the rise and fall of the secret service. carol, tha

the bitcoin crowd says dollar is like all fiat currencies essentially worthless.n it gets stronger and stronger? is it getting stronger against other worthless fiat currency. >> currency market is very different how the stock market works. currency a marriage between currencies and the stock market actually because there is an underlying value of the blockchain technology that also contributes to the value of the printed currency. no matter where the dollar is going up, down or neutral, bitcoin or other currencies will have their own value because of the underlying technology that is the reason why, if you want to hedge when you don't know what the hell is going on in the markets, then you want to have maybe some cryptocurrency assets and some other stuff as well so you have certainty where your money is lying at. charles: you made your, you have become very well-known for your success as a stock investor. in fact now you teach and help a lot of people. i also want to note you have a new book out, make your money. work, work for you to create generational wealth.

and 14th amendment were designed to make certain that men would be governed by law not the arbitrary fiat of the man or men in power and you'd have to update that to say man or woman, obviously. we all know judges on the supreme court and on the federal bench are unelected and therefore, unaccountable to the people. federal judges discovering rights that do not exist in the written constitution essentially provides a rudderless and i would argue eventually lawless authority to the supreme court. the very nature of our three branches of government is to divide responsibilities among those branches. as i've mentioned, the political branches, the executive branch, the president, the legislative branch, congress, house and the senate. our job is far different and it's important to have judges understand their limited, but vital role under our constitution. their job is to interpret the laws as written not to make them up as you go along or to use a smoke screen like substantive due process to identify new rights that do not appear anywhere in the constitution. you know, if the american people

that was not done by congressr fiat, but by how slow it has been to convince workers to come back afterat resignation. invariably that will lead to inflation. jeff: what about the housing market? are we on the precipice of a housing bubble given how high prices are for houses across the board? robin: it is frothy when you think of people fogoing home inspections. jeff: not quite a bubble, but a little frothy. [laughter] robin: you know, stalking people who may or may not list their homes. yet the systemic outliers we had in the crisis in 2008 are not there. but certainly a lot of buyers are fetishizing this idea that housing prices can keep going up double digits every year. in this case i think it is up to 19% on average. that defies economic physics. how are they going to handle the let down after this? if i have negative equity, i will walk away from this. if a lot of people decide to sell, you see a housing bust if not an outright crash. jeff: what more can the fed and administration do to address these issues? no president has direct control over the cost of gas. the fed is trying

not the opera ture fiat of the man or men in power. we had to date that the same man or woman obviously. we only know judges on the supreme court on the federal bench are unelected and unaccountable to the people. federal judges discovering rights that did not exist in the written constitution essentially provide her brother was and i would argue eventually authority to the supreme court. the very nature retrieve branches of government is to divide up responsibilities among those branches. as imagine the political branches are the executive branch the president the legislative branch obviously the congress the house and the senate. our job is far different and it's important to have judges understand they are limited. vital role under our constitution. their job is to interpret the laws as written not to make them up as you go along or to use a smokescreen of substantive due process to define new rights that don't appear in the constitution. ifhi the american people want to amend the constitution which they have done 27 times during ou

the price is 42 fiat 95th, but take as much as you like. how much do you want? what is it? understand that this is simply a direct violation of the law. obviously, checks are not issued for cash, they are released without restrictions. i understand that the gas station belongs to someone there, or the head of the regional sbu, or a prosecutor, or some governor, maybe. to happen i am also asking for what, that is, instead of gathering traders and making them an offer that they cannot refuse, the government for some reason continues to think that now we have a peaceful time and the market will regulate everything by itself, that is, the prices will be those that consumers need and the fuel will be in the amount necessary for everyone, but even at the same time we know that all inspections are prohibited. actually, nobody knows now what kind of fuel is being sold to us, there is no quality control, and it is very interesting that there are so-called ordinary types of fuel, as if must control my price, which should be controlled by the ministry of economy, but firstly , it cont

the same cola fiat begins to work in the soviet automobile industry. the finns are very active in helping to build in the same vyborg on others, which they used to say that this was their territory. yes? i mean , they came. build there. so what is happening now is here. and now they also hope that we will not exhibit. they hope that their attempt to isolate, that it will lead to the noodles of russia, is the main thing to expose. a few years later they will return, but they need to return. please, please don't get divorced. uh, this very eblatron kharkov ah. let's do it now, so we're going to show you a story about aviation, because here there are countries that are friendly to us in a slightly different way. we do not take europeans and americans now, countries that are friendly to us, for example, india, the airline of which india has now announced the suspension of flights to our country, the airline of sri lanka also did this, why is it done, because there is a problem with insurance problems with insurance. she is so global. according to the assoc

and lvov from lvov and such people from kiev and the dnieper think they are sitting there with the fiatt reach them. so they go out there and tell how everything is washed. you know 'bout wonder and don't expect the whole technology. this flow from arrest officers to is designed specifically to fill up any information. here is such an emotional plan in a continuous stream, so that everything is forgotten instantly. this is the big problem here. so i also wanted to remember how the same arrestovich said, the appearance of bayraktar and the first its use on the battlefield. everything changes everything completely. now another russian has already lost, donbass is already everything, consider it ours. uh, just now vasily mentioned yesterday's. yes, the arrestovich’s statement is correct that all 10 armies are in ukraine , he just quoted this. but he already forgot. i myself forgot that just a couple of weeks ago, the same arrest officer said four out of ten armies have already been completely destroyed. that is, if four of them are destroyed, 10 - 4, as now 10 can end up in ukraine. yes, t

here fiat there machines says there is no possibility. no, that means we won't build anything.ion was already underway. i just didn't know, but nothing burned. yes, no on it burned, then i'm on agriculture said that if we do not take the guys from the countryside, then the city will not go to the village, until now this problem and the third point is public transport. in the case it is cheaper for us to remove the fare. how many how many years how many accountants how many controllers? as a student, this was close to me, we didn’t really like to take tickets, that’s from such harmless questions. and, therefore, they called me the head of the department of universities of ngc. cpsu woman talked. well, the answer is your suggestions. they're real, it's impossible, but poorly, there are a lot of foreigners, how can we take ours from them? it is clear we create the privilege that they pay the fare, but the rector took note. somewhere in a meeting. he said there, as if calling. we were interested in you so your thoughts, as it were, were not very good, and then in december of the si

not these fiat currencies dollar and euro, which were printed endlessly, especially during the coronaviruson equivalent was thrown into the global financial system. just like that, yes, they say there is a currency that will now be attractive to everyone. this is the currency of the first ruble the second one is like this. here it will be the yuan, because it is filled with goods with real goods, hello , given that india and i are also discussing a certain scheme with india, moreover, india and i will even test an analog of swift now yes, our system is developed by a washing bank system e, transfer of financial messages . e, with p. yes, this is an analogue of the font and indian banks will put it in our banks of this system and it will all work. look, you tell everything very beautifully, and i would listen and listen as if, but here i don’t i can ask a question. when you speak, quoting, which apparently, they understand the same way as you what is at stake. you say that this is a revolution in world finance, and not in finance, like money, but in world financial political systems, change

that is, which fiat opel is all there. here here they have, of course, big falls last march.they are very dependent on supplies, including from the russian federation, few people know, but it is not supplied with ukraine, the two largest plants are not working now. here, respectively. it is approximately there more than 50% of all deliveries. basically, it is used in microcircuits, that is, a microcircuit stabbed the second palladium, and very important. as a matter of fact, well, it is used in catalysts, and, accordingly, mermaid aluminum is in grenoid, everything else is, as it were, added directly to the alloy. this is the body and we also have, as it were, cherry cake, which is nickel, respectively. evaet, as it were, in separate elements, that is, together with harnesses with everything else, as if there is simply a problem starting with components with large ones, what does this mean? this is job loss . now the factories are starting to close. automobiles, which we see by auto-pom, they are taken out for 5,000, respectively, as if to a simple one, but only in germany at

not the opera ture fiat of the man or men in power. had to date that the same man or woman obviously. we only know judges on the supreme court on the federal bench are unelected and unaccountable to the people. federal judges discovering rights that did not exist in the written constitution essentially provide her brother was and i would argue eventually authority to the supreme court. the very nature retrieve branches of government is to divide up responsibilities among those branches. as imagine the political branches are the executive branch the president the legislative branch obviously the congress the house and the senate. our job is far different and it's important to have judges understand they are limited. vital role under our constitution. their job is to interpret the laws as written not to make them up as you go along or to use a smokescreen of substantive due process to define new rights that don't appear in the constitution. ifhi the american people want to amend the constitution which they have done 27 times during our n

something which does not have that come similar to a share in a company, or like a fiat currency likellar or the euro, so i think it is very difficult to imagine that kind of currency reaching global acceptance is the new digital gold. sonali: you mentioned your work with block. we interviewed alyssa start of lightning labs, jack dorsey a backer for her company, and i am wondering what impact you think storage is going to have on the adoption of bitcoin across the world. adam: it is interesting. sometime last year, he made the observation he thought the most important and useful place to use his time on earth was with bitcoin. he stepped down as ceo of twitter to devote his energies to bitcoin, so i think that is very positive. emily: i want to double down on your thoughts with a theory them, that original white paper written with no commode of those many years ago. if you are not bullish on etherium, how do you see the crypto market playing out? where are we in the next 10 years? adam: i think bitcoin is the investable asset class, and the other smart currencies are more like startup

the silver gate exchange network is the 24/7 access to fiat banking rails we provide to the digital currencyy and we bank complete like coinbase, square, gemini and etc. we enable them to move 24 hours a day, seven days a week and that gets to the heart of our ability to sell bitcoin quickly if we need to. so far, we've been doing this lending for a little over two years and have not had to liquidate anybody's bitcoin because of the fact we started in a very over collateralized position, so someone had to pledge more bitcoin to us than we were willing to lend to them. emily: let's switch gears and talk about dm. you bought the assets when the project started when facebook looked to sell. what does this mean when you are pushing stable coin and does it mean you will be a much bigger player moving forward with more regulators? alan: as to how big we will be, that is to be determined. our goal is not to be a specific side but help our customers solve the problems they are trying to solve in this ecosystem. stable coin, as you know, is tokenized dollars. different from bitcoin, which we were jus

. >>> watching shares of stellantis used to be fiat and jeep and peugot ending production at the rsiusanafter this so you partner with ibm consulting to bring together data and workflows so that every driver and merchandiser can serve up jalapeño, sesame, and chocolate-covered goodness with real-time, data-driven precision. let's create supply chains that have an appetite for performance. ibm. let's create. make fitness routine with pure protein high protein. low sugar. taste great. high protein, low sugar.. so good high protein, low sugar, mmm birthday cake and for a cheesy crunch, try pure protein snacks. >>> welcomehee talked about it is 41 degrees in new york city guess what i just got checked on the left is peru, new york. up against the vermont border. look at syracuse yup. it is snowing in both of those places need i let you know that we are closer to may than we are to march. 40 and raining in new york snowing upstate. be safe out there. those roads look nasty >>> time now for the most random, but interesting thing of the day. cnbc style this morning with the big and quiet change

that same interview, elizabeth warren talked about presented biden basically running by fiat when ite loan debt and other issues. so this is a belief by typical bureaucratic class and elected class in washington. dr. fauci is a liberal democrat. he believes they ruled by edict and we shouldn't have a constitution or three branches of government to dare step over. so he says the words that he believes matters public health officials. but the courts actually have a role with the bureaucrats on those agencies and go beyond the limits of their powers, the limits controlled and should be under the constitution and our system of laws. but this is typical in washington. other issues with the principles have given bureaucrats too much power. and they want to exercise it and don't you dare stand up to them. this is hubris on beyond. in the judges ruling, her ruling was on the arbitrary, capricious nature in which they did this which, by the way the public health official contradicted the actual science. >> carley: you heard from dr. anthony fauci and his take on the mask mandate. and where th

. >> it reminds me of a ferrari and fiat kind of thing what's happened in old navy?ve to rewind the clock to where that story went wrong >> i think within the last two quarters the supply chain has been challenging for the company including old navy, and i think there is some significant airfreight incurred over the last several quarters, and i think the discounting is there [ no audio ] >> the discounting is there. i always like to give them a second just to see if the shot will come back up. our thanks to bob derbil, guggenheim, upgrading from neutral to buy thinking the shares can double from here. elon musk disclosed his stake three weeks ago and they're up 60% from the close the latest on the saga and why an agreement can be reached any moment the chges ckn exan iba ia moment ♪ ♪ (vo) your home internet is going ultra! introducing verizon 5g home. see ya cable! with 5g home you get blazing fast 5g ultra wideband internet to power your entire home. (mom) i'm ordering pizza! (vo) yeah, i could eat. (mom) what's our new address? (vo) i dunno. set it up yourself in

she says like clockwork, they continue to govern by executive fiat.oday's decision is par for the course. the education department has provided zero information included the services who will be continued to be tasked with this decision. let's go ahead and start taking your calls. cheryl is first from daytona beach, florida. caller: as an adult who paid off their student loans we feel strongly that should not be happening. the bid to make has been used as an excused and most of it is not even spent. if you get a degree from the college and university, that university should be responsible for you not getting a job and that deal. they should be responsible for paying back the money they borrowed. we need to stop making excuses for people. somebody paid for this. those of us who are working pay for this. host: cheryl, are you still there? do you think colleges are to sensitive now? caller: absolutely. i think the government should do more to control the cost of education. it is outrageous. host: let's go to mara in salt lake city, utah. caller: i went t

nobody so why wouldn't democracy defenders be on the side of the legislative process over corporate fiat i think what the left has come to is all they want to see is power exercised and advanced their leftist agenda. yes, they use to be hostile to big corporations because they perceive corporations as being political and they would not support their agenda. now they figured out that they can try to subcontract out their leftism to some of these big corporations and some of the executives will cave to the woke mob and basically do the left's dirty work. tucker, they're not going to win elections in florida if they are actually running on injecting transgender ideology into second grade classrooms and they know that. their hope was getting disney involved in that would somehow get me to back down from signing the bill. well, that was a bad judgment on their part because of course we weren't going to back down an inch. >> tucker: it is a little weird because there are a bunch of republican governors in the country -- you are the republican governor that sits over the most evenly divided sta

president biden has used the pandemic to justify by doing by fiat what he can't pass through congress including his eviction moratorium and vaccine mandate. and now his administration is effectively cancelling student debt on the installment plan. it went on to point out that the pandemic loan pause has cost taxpayers an estimated 100 billion plus. and the new extension will add another 15 to 20 billion. for everyone back to work, who wants to work, when there will be a better time for those who owe to resume making payments? and what about those who met their obligations. does anyone else remember the angry iowa father who conflicted elizabeth warren back on the campaign trail in 2020. >> my daughter was in school and i paid all that money, am i going to get the money back? so you're going to pay for people who doesn't save any money and those of us who did the right thing get screwed. >> look. here's what's missing, consistency. if you think the pandemic conditions no longer warrant slowing immigration, that it follows that student loan payments can also return to normal. but if you

that we hand over control to the government, it shouldn't be by unelected bureaucrat that rules by fiat but by our elected leaders. >> harris: are we still taking his word at this point when all he does at this point it would seem the quote what the cdc is saying. we can listen to the cdc without him being the go between in all of this. your last thought and we'll move on. >> i will say this. i don't know how many americans turn to dr. anthony fauci for their guidance. some elite consider him to be a high priest. i don't think many americans turn to the cdc. both those institutions have burned all sorts of credibility. you know what would be a sad task and maybe you can do it on "the faulkner focus". which institution in the united states of america media, medical establishment, have lost the most credibility over the last two years? >> harris: it's a sad plight. i've seen the numbers on news media as people have lost faith especially after something like the laptop of hunter biden and how many news outlets called that disinformation. we'll move on. new video showing illegal immigrants

announce unprecedented claim of no authority without congressional authorization and rather issued a fiat to claim the authority to sue financial services without any evidence of intent congress charged with enforcement laws with discrimination and finance. and should enforce the laws. that is not what's going on here instead it unilaterally decided that the dodd frank to have unfair or deceptiveab trade practices now includes disparate impact liability and the idea is that a statistical difference in outcome is proof of discrimination. and then to pay an overdraft period fees. and that has a disparate impact or in many american households women may manage the checkbook. and then to have a disparate impact on women. and to oversee the auto lenders. even though they did another race they were accused of discriminating. but dodd frank did not authorize disparate impact but after 12 years the cfpb has never claimed that congress never contemplated that it would. and then taken from the ftc act of 1914 in over a century never once treated that language of disparate impact liability. with that

reporter: it's a little like your old pal and a mine, the head of phi yacht chrysler, when he was -- fiat i'm losing money y one. maria: we're paying sky high price force all of these products. great interview, jeff flock. americans are always feeling the pain at pump. a new abc poll finds 52% of americans blame democrats and their policies for the spike in gasoline prices. while nearly the same number of people blame president biden. joining me right now is andy lipow. assess the market for us, how do you see gas and oil a trading in 2022? >> well, good morning, maria. what i would say is right in front of us we have covid lockdowns spreading in china and china's covid pain is the american gasoline consumer's gain. i now expect gasoline prices here in the united states to drop another 10-cents a gallon to a national average of about $4 a gallon but on diesel we're going to see even healthier declines going from just over $5 a gallon all the way down to $4.60. maria: yeah. well, that's a good point. yeah, we've got prices sliding on those lockdowns be in china and plans to release close t

it is somehow long this fiat money system there is always a sense if you are a money manager, it is complicated to invest. if all you have to do is buy bitcoin, you know, that's like ridiculous all of these people are out of business there's a version of this with gold they never liked gold. if all you did was own gold, that is something everybody can do there is an institutional b ias. a political bias >> thiel calling out jamie dimon and larry fink fight for bitcoin from 10 times to 100 times of the current levels soci sociopathic grand grandpa. i don't like it. he talks his book. i have seen a lot of sociopathic things i have seen in the last decade that i would not subscribe to warren buffett. >> everybody is talking on all sides of it. it takes two sides to make a market i guess that's what you have here. >> i love what he said about esg. i love peter thiel you know where i stand on bit bitcoin. i don't know if i'm a stacker. i guess i'm a hodlers. i'm out a bit. the esg. for guys to just talk without fear in this day and age without fear of being judged that is refreshing for me to hear i

she says like clockwork, they continue to govern by executive fiat. today's decision is par for the course. the education department has provided zero information included the services who will be continued to be tasked with this decision. let's go ahead and start taking your calls. cheryl is first from daytona beach, florida. caller: as an adult who paid off their student loans we feel strongly that should not be happening. the bid to make has been used as an excused and most of it is not even spent. if you get a degree from the college and university, that university should be responsible for you not getting a job and that deal. they should be responsible for paying back the money they borrowed. we need to stop making excuses for people. somebody paid for this. those of us who are working pay for this. host: cheryl, are you still there? do you think colleges are to sensitive now? caller: absolutely. i think the government should do more to control the cost of education. it is outrageous. host: let's go to mara in salt lake city, utah. caller: i went

they're doing that by fiat. and this rule that requires children under five to wear masks suggests we're still very concerned about the pandemic and about the spread of covid-19. and yet, mr. president, title 42 is going to be lifted at the border, which is a pandemic measure. it was put in place as a result of the pandemic and has enabled our officials at the border, customs and border control, to be able to at least somewhat manage the flow of illegals coming across the border. think about that. think about the inherent contradiction, the messages that you are sending. in addition, i would add to the $10 billion which was originally $15 billion that is being requested by the administration to deal with covid. so you're asking for more funding, you're requiring kids to wear masks, you're extending the deferral on student loan repayments, and yet you're lifting title 42 restrictions. let me tell you what that means, mr. president. once title 42 restrictions are officially lifted, the flood of illegal immigration

all of those schools have declining enrollment by district fiat and the public commenter commented, several schools received widely divergent numbers in terms of kindergarten request and enrollment and our site had over, almost twice as many first and second place request as epc told a group of families that went down to complain, we do not have any trust in your declining enrollment numbers because this is something multiple schools are reporting. also, our budget balancing plan which i read in total only cuts site staff one director from the central staff would be cut. this is not a serious attempt to balance the right side. >> thank you, jennifer. [timer] >> tom. >> hi, yea. i'm a teacher and parent in the district. one of the new commissioners said, i think it was a blast board meeting like kind of like firmly -- casting it to, like, let's try this. let's look into it. not to say no and i do appreciate mr. matthews saying i'm not going to give you something or say something if we can't do it and to be honest, as a teacher and parent and i have been a teacher for seven years and i parent