and the disenfranchisement of millions of young americans that it's causing how does it like a paul krugman character you know he's in the media he's at the new york times how busy willfully just pushed is he just can we just say once and for all he's a propagandist and move on and forget that he's trying to be honest in any way but yet see i call the new york times they call themselves the paper of record i call the toilet paper of record you know and we it was a story i just did yesterday on one of their pieces their articles over here about what's going on in oklahoma and how the people aren't wearing masks over there and how terrible it is and how the having is somewhere how the. how the the cases are skyrocketing so i started looking it up they loved governor cuomo over here in new york the daddy's boy born on 3rd base knew it hit a home run you know that closed down this place and destroyed you can't go out meet you can't go into a restaurant you know what the infection rate is in the restaurants according to the new york state health department 1.43 percent but on the andy cuomo exec

of nonsense sequiturs you know word salad claw wrap it up in academic speak have a rubini or a paul krugman talk about it in the pages of mirror times and you have therefore a very very successful propaganda technique but like all suppression schemes eventually it fails and now it's failing great it's all about perception management so they want to manage your perception so that this a caught the psychology of the people you know you maintain this perception that boom times are here so they do like inflation but they don't want you to get into a mindset of inflation so you know there's that they're hoping i think to have some inflation so you keep on feeling wealthy your stock portfolio or house prices house prices are have gone insane right like they're up something like over 10 percent nationally over the past year despite the lock down but you know who else is seeing that inflation has come. and that he thinks is a huge risk that investors and the market in general doesn't seem to be prepared for it mohamed el erian this is starting to get to dangerous levels and he notes in particular t

him perhaps he's got bitcoins arrangements and joe cirrhosis finally gone the way of some like a paul krugman or a nouriel roubini where his mind is turned to mush and he's advocating the doomsday machine ok fine i'll to keep my big coin in australia $500000.00 a because george i think it's just you know that as we've covered the us dollar turns 50 since 1971 the whole world every single country on earth has been on a u.s. dollar standard that is a debt standard so we've had 50 years of unmitigated growth of debt we're at the end game of it and this is the last bit of plunder like get where you can try to get whatever you can and that's like it's just a natural thing to try to come up perpetual bond you've got to because we've already extended maturities out for decades so what comes next well infinity perfect in perpetuity. eternal life like this is the fountain of youth that we've always been seeking humans have always been seeking this a fountain if you think this is the fountain of youth is like ok you're president may be an 80 year old man the people who run the economy may be 80 year ol

been able to get away with it because basically the mainstream media has been pushing a sort of paul krugman line is that these us dollars are backed by men with guns and don't you dare you know become of on bond vigilante don't be a goal that you'll ante now everybody is a but because vigilante this headline here biggest monetary experiment in economic history combined balance sheets of g 10 central banks has topped 50 per cent of g 10 g.d.p. due to unprecedented central bank asset purchases he writes in 2010 but he means 2020 the question is at what 8 level does confidence in the power of central banks start to wane it's waning right now and that's a big point tells us i predict that very soon you'll start to see headlines on bloomberg the new york times wall street journal that say the u.s. dollar is down today because of that coin going up and once that connection is made oh my god because you go up dollar down then you're going to see a crack up in the big point price and a total collapse in the dollar price or as you know is known in russia for example they had to shoot us. people who

cannot be brought about by coercion and violence and that's unique because all of the fia money as paul krugmanat the new york times says the us dollars backed by men with guns with big coins case you need to the census and it has to appeal to a logic of that consensus not coercion and a logic to scale amongst thousands is a lot different then an invading army trying to convert a country to accept u.s. dollars with missiles and tanks your thoughts. certainly i think that is the aspiration of the big crime project and one of its key differentiators now versus the current fiat's of some i would challenge you to read the article and see if that is the conclusion that they come away with i think you know and be quite fast there are some more nuanced situations that occurred carre the battles for peak to . cold story the 1st bit coin war by pete reza it's a must read thanks for being a kaiser report thank you all right that's going to do it for this edition of kaiser report with me max kaiser stay here but like to thank our guest pete reza next time. disposal is not so much. that it's not a money sp

. >> laura: your pal paul krugman of "the new york times" tweeted it out today.ed to the insurrection? maybe i'm jinxing it but the way of violence didn't materialize. where did all the rage go? well, glenn, they're trying to mock trump supporters. if i don't think he realized when he was actually doing. either the threat writer of the suppose that mass uprising wasn't a real threat where it was exaggerated by the intelligence apparatus that's been known to exaggerate other threats for other ulterior motives. >> laura, the entire goal of the democratic party starting with joe biden and it isn't me saying this, "the wall street journal" and others have reported it, is to institute a new war on terror bill modeled after the first at foreign governments. to bring all those powers inward, adam schiff has a bill pending since 2019 that they want to now he was a pretext for which is that the americas on the verge of civil war. this is all designed to entrench powers in their hands that we would never otherwise agree they should have is avail people to monitor people, t

nobel prize-winning economist paul krugman shatters the deficit hype. >>> and what is next for trump'smary trump, as well as andrea bernstein. plus -- >> in america, there is a strand that is ugly, that is intolerant, that is racist and that is