Fix The Money, Fix The World

look at one part. You have to look at them in context to each other, the economy, the markets, the human body, etc. And so we're looking at this through through the lens of those three things. Of course, the technology we look at is bitcoin. It's the decentralized technology that is changing the world, not just money, but changing the world of course, fix the money, fix the world, as we like to say. And man, there's always so much news. It makes my job being pretty easy because

there's always so much to talk about. And I want to run through some of the biggest news stories that happened this week, and so let's let's dig into those now. Of course, we like to talk about bitcoin, the decentralized technology, fixing the money, fixing the world, and so it's been a there's there's been a lot of movement to talk about in bitcoin Now, I often say that talking about the price is one of the least interesting pieces about

bitcoin when you're looking at new technologies. If you're I was a venture well not if I am a venture capital investor, and I like to look at I like to invest into these companies. And you know, my timetable is typically seven to ten years. You're in a lock up period. We have to wait till there's liquidity event, the go public, something like that. And so because there's no price on the company itself, they're not being marked to market. How do I know if the company is

doing good? Well, I look, are they growing their user base, are they developing on it, etc. And so I like to look at bitcoin from that lens. But we saw this week that the price was moving a little bit, and it's interesting because it's moving based off of the US government's holdings of bitcoin. Now, a lot of you maybe don't know this, but the United States government is sitting on a lot of bitcoin. As a matter of fact, most of the government of the world are sitting on

lots of bitcoin. Of some of the governments, including China and another one, are sitting on almost two hundred thousand bitcoin, not a small amount, a big amount. It's a matter of fact. The US government sits on lots of bitcoin that they have taken from different people at different times in seizures and things like that. Now, I do want to just say that bitcoin cannot be seized, all right, Bitcoin cannot be seized. It is what's called censorship resistant.

If I have it, nobody can take it from me unless they get my key, unless they get my private key. So whenever you hear about the government took someone's bitcoin, it's because they got their private key. Now, how do they get their private key? Well, there's any number of ways I could give it to the government in exchange for you a lighter sentence or something like that. In some cases, they've raided people's houses and their computer was open and it was just sitting there on their computer.

If you if you were if you had gold, you know, imagine you had gold and you went in the old days, right, and you went and buried it out in the dirt somewhere, and you made a map, a map to where you bury that gold. Well, if someone found your map, they would go find your gold. So the goal would be to hide your map and not give the map up. If someone knew you had gold, they maybe come grab you and torture you until you gave up your map. Right, But if they don't have the map, they can't get

the gold. And the same is true with bitcoin. If they don't have your key, they can't get the bitcoin. So the government has taken bitcoin, yes, but only because they've gotten the key. So the key, the key, the key is hide your key, right, the key is high to key one. Never put your private key into a computer. Don't do that. Hackers could get it. Don't put it on the internet, don't put it into Google docs, don't put it into Evernote, don't put in the computer. Don't

put an Evernote. Unfortunately, you got to do the old fashioned way. Put it on a piece of paper and then hide that piece of paper. Now you can put it into multiple safety deposit boxes. You know. You could tear it into pieces and put in safe too bock boxes. You could hide it in a book on your shelf. You could turn it into pictures and put them under your walls. There's any number of ways to do that.

You can use a multi signature wallet setup where you have like three different keys and the person trying to get it from you would have to get all three keys, which could be impossible if you hide them properly. So anyway, but the US government has this bitcoin, and it looks like the US government might be preparing to potentially sell the bitcoin, which I would say it's probably a big mistake. I think the US government should hang on to the

bitcoin they have. I'm a hoddler. I think the government should be a hoddler as well. But the government has one billion dollars worth of bitcoin and they transferred it and it's caused the price of bitcoin to dip. US authorities transferred one billion dollars worth of bitcoin recovered from a dark web hack to a new wallet address, including

one owned by coin base. Now, like I said that, some people are thinking of the government, it might sell that, and it's why they're afraid the price it might dip down. Nearly ten thousand bitcoins were sent to coin based controlled wallets, while roughly forty one thou bitcoins were directed to government controlled wallets. Now, we don't know what's going to happen. They haven't told us, so all we're left is to speculate. In a previous segment, earlier, I was talking about truth,

and you know, truth and transparency. So when they don't tell us the truth, they're not transparent. We're left to speculate here, So we don't know. But we do know is that historically the government hasn't really just dumped tokens on the public market like that. Typically what they do after they've seized digital assets is they sell them out

of auction. In two and fourteen, and then also in two thousand and fifteen, the government auctioned off bitcoin that was seized from the owner of a virtual black market platform called silk Road, And as a matter of fact, the founder of silk Road, Ross olbrich Is, has been in prison ever since and he's facing multiple life sentences. So he founded a place where people could buy drugs

online with bitcoin, and he's facing multiple life sentences. Meanwhile, we have murderers and rapists getting out in fractions of that time, getting out released to the public. Yet he's facing multiple life sentences. You can tell a lot about the government by the crimes they choose to enforce. Do they enforce crimes against their citizens who they're supposed to be in protect harsher or do they protect or do they are they more harsh on crimes against the government themselves.

That tells you kind of everything you need to know. Anyway, what we can see is that the movement of soak road bitcoin to coin base is almost definitely being done with some intention to sell these tokens. At least that's what people think. Now. The speculation part is can the market absorb that if they were to dump those onto

the market? Now, most most investors that had that type of type of money, or I should say not investors, but how there's people that had that much bitcoin would never dump all that bitcoin on the market because they know would crush the market. We'll see him another Another fun piece on bitcoin I saw this week isn't so much about bitcoin itself, but more about why why would we need bitcoin? I think Nobel Prize winning economist Paul Krugman, who I don't know why anybody listens to him. He's

been wrong over and over and over. He famously said that the Internet would have no greater impact on society than the fax machine. So he's been wrong, obviously, but it was funny this week he tweeted out he said, I've been using Venmo for years, but now won't allow me to make payments. I spent a long time in chat with representatives and they told me that they can't explain why or fix it. The software has taken control.

So he vented onto Twitter publicly that he's not able to access or send his own money, that he is being censored by Venmo, being rugged, and maybe he's starting to learn the value of bitcoin. You see, Bitcoin is permissionless. Anybody can download a wallet, send him receive money. There's no Venmo or PayPal that can censor you or stop it, or block it or prevent it or lock you out now here. He is publicly stating his dissatisfaction that he can send his own money, he can't access his own money.

Of course, Venmo is a centralized payments tool, maybe potentially one of the worst out there from a public from a privacy standpoint, But I just thought it was funny that all of a sudden, he's realizing that maybe there's a need for having something that's permissionless and censorship resistants of lots of funny tweets and replied him someone asking were you trying to buy drugs or an assassination? Like,

what were you trying to do here? So Paul Krugman is wrong, but maybe he is starting to wake up to the problem at hand. It'd be funny to keep an eye on this. If you're just tuning in your listening to the Mark Moss Show, we talk about the decentralized revolution through the lens of politics, finance, and technology. We're running through some of the yeah, maybe some of

the biggest news headlines that happened this week. To give you an idea, I'd like to call him signposts, so you can see the world changing and transforming right before our eyes. A lot of people want to win. Will this happen? Mark Win? And I'm like, it's happening right now, can't you see it? And so we're walking through that. I have a lot more to cover. We're gonna cover the economy, some things that the Funnel Reserve said, anti woke stuff, and more. Don't go away, I'll be right back,

all right, Welcome back. If you're just tuning in, you're listening to the Mark Moss Show, we talk about the decentralized revolution, and we are running through some of the latest breaking news headlines this week, so we can see exactly how far along and how fast we are moving through this decentralized revolution. We're look at through the lens of politics, finance, and technology, and talking about finance, man,

we are going to do some uncharted territory. We have to spend a couple minutes here because there is a lot going on. It's something I've been talking about over and over and over. Of course, the big topic for the last like two years has been inflation. Inflation, inflation, which basically means prices are going up and the cost of living is going up. And that's a big problem for the FED because the FED wants there to be

a two percent inflation. Now, the funny thing is is that if two percents good like, wouldn't a little bit more be better? Well, it's certainly be better for them, it would inflate away their debt faster. But the problem is that it makes life harder on me and you and you know, my gas is higher, my food is higher, and things like that, and eventually the people aren't happy and the people start to grumble. And so the FED is,

you know, committed to bringing down inflation. The problem is, as they're committed to bringing down inflation, the part that they're not really saying out loud. But I've been saying out loud, I've been shouting from my pulpit, on my YouTube channel and from the radio show podcast, is that the FED wants to make you broke. That's what they're not saying. The FED wants to make you broke. I'm gonna I'm gonna explain that to you, but before you know, we have to look at the FED just met and

what happened. And basically Jerome Powell, the head of the FED, said that today, well, we need to be prepared to go to higher rates. The economy is still too good and so we will need to raise rates more. Jerome Powell says the FED is prepared to speed up interest rate rises higher than previously thought to fight inflation because you know, the economy is just still doing too good. Apparently now I don't know what metrics he's looking at. Actually I kind of do know what metrics he's looking at.

But the metrics that I'm looking at show us that we are headed for massive disaster. And what kind of metrics are those? What we can see that the savings rate has comp letly falling off a cliff. As a matter of fact, the amount of money that US Americans are saving is just going down like a plane that's at going for a crash landing. And at the same time we have savings going down, we have personal consumption or personal credit going through the roof. What does that

tell us? That means that the average person is living off of credit. It's not good. We can also see that mortgage demand from home home buyers has dropped to its lowest levels in thirty years, not since two thousand and eight, in thirty years. Mortgage applications to purchase at home drop six percent last week compared to the previous week. Seasonally adjusted, the volume was forty four percent lower than the same week a year ago and sitting at a

twenty eight year low. Man, So that's not good. Now you're not buying a home. What do you care? Well, you care because if people aren't buying new homes, then that affects all the realtors and the mortgage brokers, and the furniture companies and the remodel companies, and the contractors, and the lumber stores and the and Ford who makes

trucks for the contractors. It affects everybody and then all of those But you say you don't in any of those businesses, well, all of those people that work in those businesses down't have money to come now and spend your business. See how that works. We're all tied together. So this is a really big deal. Of course, a lot of that has been driven by the rates going up on homes. The one thing I think is an interesting to understanding I talk about all the time. There's

no such thing as the real estate market. There's thousands of real estate markets, and there's a really big discrepancy between the existing home market and the new home market. The new homes market makes up about fifteen percent of the total real estate market. And what we've seen is that the existing home market hasn't really gone down that much because people don't want to sell. Why do I want to sell and get rid of my three percent

mortgage and then go get seven percent mortgage today? Of course they don't want to do that, and so really it's the new homes that are starting that are really starting to drop off. But as we see this coming down, we see, like I said, savings rates going down, credit card debt going up, we see, you know, the housing market looking like it's crashing. The FED is out here saying that well, we need to lift rates higher because the inflation is not going down. Now, I've been saying

for a long time. The problem is that they are fighting a war they can't win because there's two types of inflation. Really, it's stupid to even break them down this way. But according to the economists, is how it's done. You have what's demand pull or cost push. So demand pull is when you have way too much money and there's too much demand, and all this demand is trying to buy a limited amount of goods. That demand starts

pulling the prices higher. Then there's cost push, where the cost of my labor, the caut most of my goods went up and it pushes the prices higher. We have been seeing a cost push inflation, meaning supply chains broke down. The cost of getting commodities out of the ground has gone up. Gas went up, oil went up. You can't drive the tractors is cheap anymore to deliver the goods. It went up. It's pushing the prices up. Labor went up, right,

so it's pushing the prices up. The problem is the FED is fighting inflation, but inflation is being caused by cost push. But they can't affect that site. The only thing they can affect is the demand pull. So they're trying to crush demand by making you broke. Now again, they haven't said that I'm saying it, but now I'm

not the only one saying it. As a matter of fact, somebody that I do not like and do not really agree with at all, Senator Elizabeth Warren, has come out and said as much as a matter of fact, I got a couple of clips for you. I want to play because it is like I can't even believe that she's saying this, And so let's take a listen to this clip from Senator Elizabeth Warren right here, and then we'll talk about it. The FED has raised interest rates eight times over the last year and what has been

the most extreme rate height cycle in forty years. The Fed's goal is to slow inflation, and your tool, raising interest rates is designed to slow the economy and throw people out of work. So far, you haven't tipped the economy into recession, but you haven't brought inflation entirely under control either. And maybe the reason for that is that other things are also keeping prices high. Things you can't fix with high interest rates, things like price gouging and

supply chain pinks and a war in Ukraine. But you're determined to continue to raise interest rates, so I want to take a look at where you're headed. So, as I said, Senator Elizabeth Warren is somebody I typically do not agree with at all, but she actually nails this one pretty damn good. Now, she says that it's a cost push problem. I don't agree with everything that she's aligned on that side of the cost problem. So she

talks about price gauging. For example, she went on the war path saying that Turkey companies were gauging you on the price of your Thanksgiving turkey. That's not the way markets work. If one company was trying to gauge you on a price, then another company would come and sell you at a lower price. That's how competition works. So competition doesn't allow for price gauging. So I don't agree with that. However, she is right it's a cost push problem, and a lot of it is because of the cost

of prices going up oil commodities, et cetera. But also supply chains, so you got that part right. Also, you know, they blamed a lot of this problem on the war in Russia and Ukraine, which is also part of the problem. War is highly inflationary. War disrupts things. Any disruption in our global supply chains causes prices to go up. Any uncertainty that's brought into the market is inflationary and causes

things to go back up. Now I have a couple more clips of this interview with Elizabeth Warren and Jerome Powell Man. She nails us. I'm going to be back with more and I have some stuff from Senator Kenny. You do not want to miss it. I gotta take a quick break. I'm gonna come back. Don't go away, You're gonna love it. We're back, all right, Welcome back. If you just tune in, you are listening to the Mark Moss Show. We're talking about, of course, the decentralized Revolution.

I'm running through some of the latest breaking news headlines, and we are talking about the economy, and we're talking about the markets, the global markets, and what the Federal Reserve is trying to do. Now. As I said, they are trying to stop inflation, but what they're really doing is to a war against you. I was playing some

clips from Senators with Warren. Somebody who I never agree with and I couldn't believe that she said the quiet part out loud, but she basically said that the inflation is being caused by something that you do not the FED. The FED does not have the tools to fix. So I agree with that. Let's let's listen to this next

clip here, we'll talk about that. According to the FEDS on report, if you'll continue racing interest rates as you plan, unemployment will be four point six percent by the end of the year, more than a full point higher than it is today. Chair Pow. If you hit your projections, do you know how many people who are currently working going about their lives will lose their jobs? I don't. I don't have that number in front of me. I will say it's it's well, but it is, and it's

in your report. And that would be about two million people who would lose their jobs, people who are working right now making their mortgages. M So he said, that's not an intended consequence. She says, well, it is, it's in your report. So there's a report that came out from the FED basically talking about how they're trying to engineer recession, and it talks about historically what happens, and it talks about um. Every time they raise rates what

that does to the unemployment. And so she's saying that if they continue on this path, we're going to get where we have. Unemployment rate is too low. You having a job. Let me, let me explain to you. You having a job and you getting paid more to do your job to keep up with it with inflation is a problem for the Fed. The FED wants two million people to lose their jobs. Two million. She went on to say, what do you want to say to them? What do you want to say those two million people? Uh? Sorry,

you just have to lose your job. That's just the way it is. Um. Listen this next clip here, there have been twelve times in which the unemployment rate has increased by one percentage point within one year, exactly what you're aiming to do right now. How many of those times did the US economy avoid falling into a recession? You know, it's it's not as black and white as

very us the book on this. Since there's been twelve times that we've seen a one point increase in the unemployed, in the unemployment rate in a year, that's exactly what your FED report has put out as the projection and the plan based on how you're going to keep raising these entry strates. How many times did the economy fail to fall into a recession after doing that? Out of twelve times, I think the number zero. I think the number is zero. That's exactly right. So what happens if

we go down this path? For them to have any movement, they need two million people to lose their jobs. They need you to be paid less wages than you're being paid now. And of the last twelve times that unemployment has gone up by one percent, it's gone into a recession. They're not saying that, but I've been saying it for a year. Senator Elizabeth Warren is finally getting it. Are you getting it? Of course? My high horse that I'm

going to rant on is in the fed. Ron Paul really kind of got me radicalized with his campaign to end the FED. It's really what brought my attention to this and to think of the insanity of this world that we're in where we have an unelected group of people who are controlling the money, whose goal it is to create a recession, and for two million people to lose their jobs. Now do those two million people have mortgages and car payments. What happens to their life, what

happens to their credit? What happens to their kids? Oh? I guess that would I don't know. I guess it's just an inconsequential thing that just has to happen twelve out of twelve times. This is where we're going from. I have another clip here, last one I'm going to play for you, Senator Kennedy, and he nails this one, and he really goes in to show you exactly how bad this can get. Let's listen to this clip. You're

trying to achieve just inflation, are you not? Yes, we are, okay, based on history, in the ten times that we got inflation down disinflation since the nineteen fifties, in order to reduce inflation by two percent, unemployment I had to go up three point six percent. Now that's history, is it not. I don't have the numbers in front of me, but yes, the standard has been that there have been recessions and downturns.

CAFET has tried to reduce him. Now, right now, the current inflation rates six point four percent, in the current unemployment rates three point four percent. Now if history is right.

I'm not asking you to a game blame anybody, but if history is right, unless you get some help, in order to get inflation down from six point four percent to let's say four point four percent, and the unemployer rate is gonna have to rise to seven percent based on history, that's what the record would say, okay, And to get inflation down to two point two percent, based on your street an immutable fact, unemployment would have to go to ten point six percent, would it not. I wouldn't.

I wouldn't do. That's what the record show. That's what the history shows. Yeah, this is where we're going. The FED hates you. Let me let me. Let me just say that again. The FED hates you. Their goal is to make ten million people unemployed, ruin their credit, get rid of their jobs, destroy their kids future. That's their goal. It's their goal. It's the only way if they want to get inflation down to two point two percent, history shows and platient and unemployment will have to go from

three point five percent to ten point six percent. Millions and millions and millions of people's lives will be destroyed. Why let me ask you, why now? Why do we have this inflation. Well, if we go back to the Austrian school definition of what inflation is, inflation is an increase in the money supply. This is super simple. These economists try to make it super difficult. It's actually very simple. If you have more money chasing the same amount of goods,

prices go up. If there's one house for sale and there's ten people trying to buy that house, the price of the house goes up. So when you increase the money you have more money, more buyers chasing the same amount of goods, prices go up. Inflation is not They've changed the definition. Inflation is not prices going up, prices going up. With prices going up. Inflation is when you inflate. When you increase, inflate Like a balloon. You inflate the balloon.

You inflate, you increase the amount of air in a balloon. Inflation is when you increase the amount of money in the system. So when the FED prints money, the Fed and the government prints money. In the pandemic, almost eleven trillion dollars was pumped in. They inflated the money supply. The inflation of the money supply causes prices to go

back up. Now they're trying to fight the inflation they caused, and in order to do that, they have to destroy millions and millions and millions of people's lives and their kids' lives and their credit. Now, of course, when all that happens and the cars get repoid and the car companies don't do good, and then they don't buy homes, and then all those builders don't have jobs, and they don't shop at your stores, it affects everybody. This is the

entire economy. Unemployment at ten percent is unimaginable. That puts us at great depression levels. Now, he goes on to say, Senator Kenney goes on to say, we need to have a reduction in the money supply, both monetary which is what the FED controls, and the fiscal side, which means the government needs to stop spending so much money. Both of those are inflationary. Both the Fed and the Treasury

have to stop spending money. Stop with the money in Ukraine, stop with the Omnibus Bill, spending, stop with the Inflation Reduction Act. All of those things are what's causing the price to go up. So while the Fed is trying to make you poorer, they're actively still spending money, which is still causing the problem. And as a Senator Warren said, you're trying to crush demand, but it's not a demand problem, and so it's not a war they can even win.

If you're just tuning and you're listening to the Mark Moas Show talking about how the things are breaking down, breaking down the economy for you right now, I got a lot more to cover when I come back in a minute. Yeah, some good stuff. Don't go ahead, We're back, all right, Welcome back. If you're just tuning in, you're listening to the Mark Moas Show, we're talking about the decentralized revolution, the way the world is breaking apart from

a centralized world to a decentralized world. I'm running through some of the latest breaking news headlines this week and I saw this news headline and it's something I've talked about before, but it's unfortunately it's making more and more stops in the news cycle and something that I just I can't ignore. I have to talk about, and it's this talk about these fifteen minute cities. Have you heard

about that? Fifteen minute cities? Now, if you don't know what that means, Basically, they want to create these cities where everything you need is within a fifteen minute radius from your house. So everything you need, you know, your groceries, your dry cleaning, whatever, is all within a fifteen minute radius. So you don't have to have cars anymore. So you can basically walk or ride a bicycle everywhere you want

to go. Now, this is the first that I really seen this actually in practice, was I believe, in Oxford, UK, and since then now it's starting to spread all around the world, including Canada and yes, even in the United States. This is coming Now, if you haven't heard about it, you will. It's coming to a city near you. And basically this goes into part of a bigger plan. Now they say that those don't know that, those don't know history are bound to repeat it. I wouldn't say this

is so much history. It's a little bit. But you know, when it comes to power and control over information, which we talked about earlier, there's also power and control over your movement and your resources and things like that. What we know is if we go back and you look at something called Agenda twenty twenty, and now there's Agenda

twenty thirty. These are documents that the UN has put out the United Nations, which, by the way, you know, the United Nations has way more influence over the United States than you may be realized, especially since Biden Obama has been back in office. But pour the UN they put these these documents out and so you can go read them, go to their website. I highly recommend that you do, and they tell you what their agenda is by that time. Now you've already seen, of course, no doubt.

I've talked about many times, California, the United States, the UK, Ireland, all these countries they've they've put in these like net zero climate goals, and a lot of them are by getting rid of gasoline empowered cars. And you'll see by twenty thirty, by twenty thirty five, most of these nations say they won't you won't be allowed to sell them anymore, they won't make them, and the goal is to sort

of get rid of cars. And if you look into a Jina twenty twenty thirty, you'll start to see that really what they want to do is get rid of cars altogether. And part of the reason why they want to get cars all together is because they want to restrict your movement. All these things for self driving cars will be they can just pick you up and take you at work. But there's no more like Sunday drive to go see your mom. And they want to push

us into these cities. Now. Like I said, this is kind of something that's been growing and I've been seeing more and more. But I do want to tell you just a side note to this. While this plan is to get us all into the cities, now, China has been doing this for a long time. China has tried to move everybody from the farms into the cities. While the goal is to get us into these cities, and so we can't move around. We're just stuck in these cities and they can can kind of control us and

manage us. Sometimes I get kind of scared about this. I get worried about it. I think that you know, at some point I've kind of figure out where you want to stay, and I'm just gonna be kind of stuck there. I have to tell you a side note, just a little antidotal, antidote story. I just got back from Jackson Hole, Wyoming. I was out in Jackson Hole, Wyoming. I went out there for a bitcoin ski week and a bunch of meetings out there, and then I decided to hang out for a couple extra days. I've never

been there. I've always wanted to go there, and it was just so amazing. I had to stay for a couple extra days, and I've never been there. If you've been, then you probably can understand. But this is like a this is a rugged and rough and wild part of the part of the world or a part of the country. I mean, I've traveled around the world quite a bit, mostly around beaches. Most of the beaches around the world. Jackson Hole, Wyoming is a very very cowboy rough wild

section of earth. You know. It's in the Teton Mountain Range. These magnificent mountains, super high, super rugged for snowboard and snow skiing, some of the best mountains in the United States and potentially even the world for how how steep and how tall they are. Um it's kind of at the intersection of Idaho, Montana, and Wyoming right there, and it's it's it's a cowboy town. Man. It's like it's kind of out in the middle of nowhere. Um. Surprisingly,

even further than out in the middle of nowhere. So you have like this ski town Jackson with the mountain, and then thirty forty minutes away there's this like massive homes built for like fifteen million dollars, like out in the middle of nowhere. But that's not the point. The point is is that the people that live there mostly live there because they want to be out in the

middle of nowhere and they want that rugged lifestyle. In the summertime, they're mountain climbing and rock climbing, and they're kayaking and they're paddleboarding the river. They're hiking. In the summer, they're you know, skiing, they're snowboarding, but they're doing backcountry stuff, snowmobiling, snowbiking, um, you know, backcountry skiing, you know camp snow camping, all

these things. Crazy crazy, crazy people, cowboys. And I left there going, you know, this whole plan to get all these people into these cities, these fifteen minute cities that ain't gonna work out there. You go to somewhere like

New York, or you go to La Man. La La is like a zombie apocalypse these days, and you can easily see how those people in the city they're just gonna stay in the city and they might as well just go inside and put their VR headset on and just live in that Ready player one type world because they're already kind of there. But these people out in Jackson Hole, and I'm guessing in other parts like that, like Colorado, Idaho, Montana, etc. Like it's rugged and wrong.

People live there because they want to live that lifestyle. They want to live outdoors, and they ain't gonna go for that. They ain't gonna go for that. So I have to I have to tell you that I came back a little bit assured, a little bit more optimistic that, you know, as as scary and dangerous as it is that they're trying to push us into this type of world. Man, they're a long way from that, So I feel pretty good about that. But of course it's not going to

stop them from trying. We can see that. I saw this other article this week that power shortages are coming soon to America. Existing power plants are projected to retire at a faster pace than instantly installing new units. And so we're already, especially in California, already shutting down all

of our power generation plants. We don't generate enough electricity during the summertime, we have rolling blackouts that happen, and that problem is only projected to get worse as we're retiring these power plants, but we're not bringing new ones on and so we see that being a problem. But of course you can live in Wyoming. You can have solar panels, you can have generators, and you can get by. Like I said, those cowboys, I don't see them wanting

to do that. And as as bad as you know, all of these ESG mandates have been for electricity generation and oil generation or production, etc. You know, I've been covering quite a bit like it's scary. Es is bad and we should know about it. We should be scared about it. We shouldn't push back on it. But the pushback is working. As a matter of fact, we saw this week the Senate killed a Biden e SG investment rule. Biden may issue his first veto ever because of this.

But the Senate killed this bill. They don't want it. They passed a disapproval resolution, formally killing a Biden administration Department of Labor rule that encourages private retirement plan fidiaries to consider ESG factors when making investment decisions for over one hundred forty million Americans. So Basically, what the rule says is that you have to look at this, you have to weigh this out as part of your investment thesis.

But these Republican senators are like, wait a minute, no, no, no no, no, no, no, no no, or investors, so we should invest the viability of the investment itself. We should not be taken into account these types of EESG considerations because they're not part of what we're doing. It's not part of the investment. And and and then it goes deeper. Obviously they don't believe in that, etc. And so we're

seeing massive push back to this. We saw you know, six states have divested and pulled their money away from black Rock because of these ESG mandates, and now black Rock is running pr they say, whoa, whoa, whoa, whoa, We're not We're not as bad and evil as you as you think we are. And now you know we kind of the big three giants is black Rock, Vanguard, and State Street. And now Vanguard has dropped their net zero program like and so we're starting to see the

backlash of this. We have to keep the pressure on. We have to continue to stay stay educated with continue to stay plug. The continued to stay vigilant on this. We have to continue to talk about these things with our friends, our families, our co workers of course, continue to talk about them to our policymakers so they know that this is not what we want and hopefully we

can keep our freedom. If you're just tune and you listen to the Markma Show running through some of the latest breaking news, this headlines this week as we look at the lens through politics, finance, and technology to see the decentralized revolution. And that's what I got. I kind of covers the week and thanks for listening.