u. s. is crashing the turkish economy because us dollars world reserve currency and they have a guy running the country who is financially illiterate and is making absolutely the wrong decisions. but the u. s. knows that and they don't care because they're all reaping the benefit from. we saw that in greece and greece collapse, the biggest beneficiary was goldman sachs. what they can credit the fall swaps against the country that there were supposedly advising. they made billions of dollars crash and grease. they made billions of dollars cash in the back of england . it never lose if you get to print money at infinite amount and then direct it in places where you have a guaranteed return. so we've covered the story of the $2.00 trillion dollar debt selling being increased the inflation numbers running the cloud car economy. we've seen, liz, warren, blame everybody, but the money printers. we've seen nancy pelosi in the past week argue that congress should be allowed to insider trade because this is somehow free market economy. remember, that's what we tell you all the time frederick boss yet said, when plunder became, becomes a way of life for the men at the top. they create the moral code and the legal system to justify it. that's what she's doing. the car car economy based on hot air money printing results in this sort of headline here that also happened in the past week as we are traveling here. reality tv star says she makes $50000.00 a week by selling her farts in a jar. well, obviously this is very funny, but it's a more honest way of you know, she's putting in proof of work compared to nancy pelosi and insider trading. it's harder work to do this. then what nancy pelosi is doing. it's also more honest than the millions of dollars that janet yon earned between leaving the federal reserve and go into the treasury. so at least there's that right, if you put j pal speech in front of congress and do jar that you wouldn't get more than $0.02 for at least this woman's getting a decent buck for flatulence. that shows you that the value of this woman flatulence is greater than j. powells words, which is absolutely the market, the free market telling us, you know, it's funny. nancy pelosi says we have to enjoy free markets and i need to trade on inside information. i'd like to see her apply that same standard to journalism because then jillian, a solid will be free right now. nancy. right. of course that has happened as well in this past week that they're going to extradite him to the united states. on the very same day. i think it was like a national human rights day, or, you know, some sort of democracy conference that joe biden was presiding over just as a his department of justice got the extradition of julian assange. so, you know, as we had into the last 2 weeks of this year, we're going to look back at 2021. the biggest moments obviously, for us, the biggest moment was what happens in el salvador and hyper bitcoin ization. and what not, kelly has done for that country, but also i put out into our orange co podcast telegram group. and on twitter, we asked people in the audience to, to look at their favorite moments. and, you know, come back to us, what they thought were the biggest moments in this past year of 2021. and i think we should cut to that little video here. this is what was assembled by our audience . the coin is the 4 piece. right. so it's perfect money, perfect price discovery, perfect incentives, and perfect outcomes. so when you have the quadrangle of perfection, that is bitcoin, you are on the vector toward relentless optimism. they're going to control your thoughts. your actions are mere money, your emotion, that's all going to be controlled. and of course, the more you try to control it, the less ability you have to control it. and it's, it's like love isn't it? the more you try to love something, the harder you know, it doesn't work, you got to let things grieve. you've got to let things live, bitcoin emerge, and it's imposing absolute, spontaneous order based on absolute scarcity. and what this does to the human soul is it creates absolute moral adherence to the cosmic consciousness of truth. and that is something we've never had as humans. and what that remains is the absence of fear. thank you. welcome to 2021. it's the or fear dies. oh, government have no control over the orbits of planets. sun, the rising in the east gravity. hurricanes, hurricanes their mathematical certainty, 2 plus 2 equals 4. right? so that's right. they have no control over absolute scarcity. something that was discovered in 2008 implemented in 2009. and it's something mankind that has been searching for his entire existence, hundreds of thousands of years. this has been looked for, has been the try to find absolute scarcity. and they've been kelly leadership in el salvador entrepreneur smart guy like a down in history as really the smartest, the leader of the past 100 years. and the inflation that is starting to set in around the world and the inflation mindset. but the stories coming out of china makes you very concerned about, you know, what happens next if there is a disintegrating empire because of the city's trap of a rising empire, arising power and china seems to be doing their whole treasure fleet situation. again, it's like a doppler effect. it's a, it's like, paper put, never stopped printing. hello minute. take it all. there is danielle brant, baby print. and if they don't care who they kill terrible, you can only sell the same, don't it. so many times before somebody figures out that, hey, there's no, don't it here that's just the whole. and that's what's happening in america. they're trying to survive on the whole in the don't it, i, hyper on plate, right? it's a political event as a change of mindset that happens that is very dangerous to any theat currency. they're in control. the bank stores the military, industrial, complex, morons and imbeciles called big pharma, how the drug dealers and big tech. they were in control of everything. there is no freedom in america, you know, we've been right for so many years and there's just so many ways to demonstrate how we've been right. just want to call and set a quantitative easing financial monetary laxative. you'll be lucky to get a lump of coal. this christmas, but the inflation transit, they're going in this direction, print, print, print, grandma is being rash and some stuffing and gravy. and everyone else has to go without. so what i like there, these are some of the themes, the quadrangle of perfection, that is bitcoin. you are on the vector towards relentless optimism. that's what somebody had picked up. what obviously max had said that and i think that's what we witness and we experienced in november when we went to el salvador and we're heading there. now we'll be going there. now we'll be spending a lot more time there this year. so what do you think about that? but the audience is a brilliant to pick up of one of the things that i said as being a highlight of the years conference. thank you audience. i thank the academy and the audience and accept the quote of the year word. thank you. well, they also pointed out that a 2021 was the year that fear dies because it did died. and, you know, with the relentless optimism of hyper big condensation, i think we saw fear die. that's a good thing. audio, bye bye. you know, if you want to stay listening to your fear porn on the, you know, the corporate mainstream media then head over there. but for 2020 this is a place to be if you want to be happy. yeah. no more fear apart. just relentless optimism over here the kaiser report. that's what we like. i like it. all right, well we can take a break when we come back, much more coming. airway ah, working room or should she popped in? she said, well i'm getting ready to go shopping for christmas. and we, we circle there was a good bye to another, shooting another safe part of american life. shattered by violence. the gunman was armed with an hour 15, semi automatic rifle. when the issue comes home, it's time to act when we're silent on this issue. the other side winds by default lady that lived over there, i was walking one of the dogs. so why do you wear again where you still, nothing could take it off it. i think the people need to take responsibility into their own hands and be prepared if those kind of weapons were less available. we wouldn't have a lot of shootings that we certainly wouldn't have the number of deaths. so should we describe our time? what is the zeitgeist, as they say? do we have a sense of direction and purpose? we also hear a lot about the desire to return to normal. what does that mean? now, are we actually living in the new normal who is diagnosed with cancer in 2000 lives? when the doctors told me the cancer was incurable, i knew i had to make a change. so i decided to travel to one of the most toxic places in america, florida. one of florida's biggest industries and best kept secrets is fostering and the biggest player is $85000000000.00 in i. there are reports of millions of gallons of contaminated water now flowing into the florida aquifer name pro. there's a chronic. oh, well, you know, i don't want to hear that word poets, but that's what it is. i'm in 2013 my all our family dog. my brother was 21 years old, myself in my father were all diane, rob, rob, with black hole and the good play. right? yeah, yeah. maybe they'll actually learn that more help is more important in ah, welcome back to the kaiser report, i max kaiser time to talk with miss shed lock of miss talk dot com miss. welcome back. it's always a pleasure to be on your show, max, what's on your mind today? miss? i have a few things on my mind. let's talk about inflation. so this is a, a topic that economists and pundits love to talk about. those of us who have been warning about it for a while, including yourself, are finally seeing some startling numbers out there. we're talking about a breakup of inflation. that's pretty epic mish uh, c p i at 6.8 percent producer price index of 9.6 percent from a year ago. stock market don't seem to be noticing much or even the bond market. what. what are your thoughts here, guys? at the intermediate level of you dive in the b i a reporter. stage 2 is up. something like 28 percent. wow. so the thing is max, all of these numbers are under reported. they're not reported because they don't include housing. they don't include asset bubbles if that doesn't count any of any of that stuff here. so you factor housing into the c b i, i've not done the latest numbers, but i'm pretty confident we're, you know, inflation is going to be something like 10 percent. if it's not a lot higher. so under instated of power, finally drive the word transitory and janet you know, and also as late as october. so there was still calling in transit story to finally got all of that numbers. good grief max, these numbers are going through the roof and the fed doesn't even understand the true state of affairs on going back to the pole vaulter days when he was running the federal reserve. you know, the inflation numbers that prompted him to raise interest rates up to 6 same percent we got on the 10 year treasury now they were a lot lower than what we see today. in other words, these numbers are a lot higher than what they were when the central bank opted to start aggressively raising rates. the central bank is coming out and saying, we're going to keep rates at 0 to a quarter of percent. they're not raising rates. i don't get it mesh, i mean, clearly their job is to raise rates in this scenario. that's it. that's of that. there's no equivocation on this. they're not doing what they're supposed to be doing mission. oh, absolutely not. i can sing a song about this. i don't know if you want me to, but you know the song, a baby steps. you get the cutest little a baby face. excuse me. it's baby steps. now. the feds got the cutest little baby steps here. they're talking about tapering and they reduce tapering. is just a reduction at the speed in which they add to the balance sheet, right? so they're not unwinding your balance sheet yet sort of unless you factor in reverse q a reverse re votes, which we need to talk about. but even still, they're adding long term duration. us treasury and mortgage to their balance sheet every month. they continue to do that. they continue to do more of bio reverse repos. quite amazing. they're using a housing. 7 market that doesn't even need who can afford out these days. max, the simple number to look at is one that is simply how is your purchasing power doing with your us dollar and for 50 years has gone down. so they can call it that they can add the reverse re pose, you can tape or you can not taper, you can raise rates, you cannot raise, right? the fact is, purchasing power is going down for 50 years, and that's inflation. and so blow away all the smoke of all the rhetoric, speaking of rhetoric and blowing away smoke. elizabeth warren is calling out core greedy corporations for this inflation. it is really amazing. and actually it appears as if she is actually running the bite and show you look at her nominees, there she wanted for fed governor who's who she's supporting for the she regulator at the fed. these are our marks is actually the person who she wants for currency or regulators and want to price fix g. s it their words, her exact words. and people just dismiss all this stuff. i mean, how's pretty bad? but the people that war want to put in there, that to progressives, want to put in there. my gosh, you know, if they got in there and actually set policy, u. s. u s. dollars would plunge max, all right. i should mention that if we can hear, i believe it's your dog in the back. yeah. that's, that is my dog in the background. apologies for that. whenever you hear someone at the front door package from amazon or whatever, you know, a bar. so that's, that's what happened there, and i thought, you know, i thought you train the doc to bark whenever he hears the word j. powell. now we're speaking of bar b, r j. pow. did you see what the former fed governor of wash came out and said, he explicitly accused the fed of purposely causing inflation these guys after they retire, they normally go on and say some sort of wishy washy kinds of things, but they usually don't come out with a full scale blast like that this guy came out worst, came out and accused the fed, or purposely doing inflation and blowing asset bubbles. quite refreshing to see i was hoping that someone died during the after the f o m c meeting would actually ask how hard question on t