it, are we now living in a moment where the central bankers, people like j power, people like janet jaelyn, who's now the treasury secretary and was the chairman of federal reserve. they have made so much of this account economy about themselves. they've made it about their policies, they have hinged everything on their own intervention, that it becomes very difficult at this point to decouple the economy from what they're doing. i think i'm, i'm going to be slightly more generous than the to view in my assessment of those people and say, the genuinely believe what they're doing. i think i think that's, that's the kind of thing you can say about them is not necessarily offices. they, they believe in things like mob monetary theory. they, they think that's the way the world works. they tend to believe by printing more money. you're going to help the columns, so i wouldn't accuse them being narcissistic of a mac. the may next. maybe there's a tinge of that. i think they didn't believe the things they didn't train these things taught these things throughout the degree programs wrote their ph.

in the us treasury secretary janet jaelyn and her british counterpart ritchie snack weighed in on the situation saturday in london. off the dears of discussion g 7, finance ministers have reached a historic agreement to reform to global tax system to make it fit for the global digital age. but crucially, to make sure that it's fair, so that the right company to pay the right tax and the right places local minimum tax would also help the global economy thrive. by leveling the playing field for businesses and encouraging countries to compete on positive bases, searches, educating and training are workforces and investing in research and development and infrastructure. and this proposed tax, we'll face further discussions among the 20 nations and the organization for economic cooperation and development for more on this let's bring it to bus. co house, christy, christy. we hear a lot about this big aimed at tax dodgers. but what are these scenarios and who's actually being targeted here? while this entire deal is pretty much aimed at multilateral company, such as amazon, google facebook

central reserves, the central banks, federal reserve bank, the former fed chairman, janet jaelyn, who is now the treasury secretary and now the bank of settlements is also making payments. and as he mentioned, we've heard all this stuff before it's used for ransomware. of course, they ignore the fact that ransomware actually predates crypto, which means that dollars and other currencies were previously used in ransomware or they say, you know, this thing is, is. ready bad for the environment that such a ridiculous argument. i talked about this a couple of weeks ago, but i just want to mention it again. so what we're talking about, how many kara, what ours that bitcoin uses as a mining network, it uses about $113.00 to tara water hours every single year, annually. if you compare that to the banking industry, the banking industry uses 260 to what hours, annually. what's the comparison here? that means that the banking industry uses double the energy almost as bitcoin. so if you're going to make the claim that big was bad for the environment because of the amount of energy uses and you d