Inflation is State Sponsored Terrorism - podcast episode cover

Inflation is State Sponsored Terrorism

Sep 12, 202237 min
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Episode description

Mark discusses the two schools of economics and explains why no one has ever been taught Austrian economic theory.

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Transcript

Speaker 1

Hello, and welcome to another episode of The Mark Ma Show, where we talk about each and every week. Of course, we talked about the decentralized Revolution, talking about the way the world is changing right before our very eyes. We're living through a period of history that's going to be talked about for millennia to come, mostly probably people scratching

their heads saying what the heck were they thinking? But here we are living through it as the world is swinging from a world of centralization and we'll go back to a world of decentralization. We look at it through the lens of politics, finance, and technology, and of course those technologies are bitcoin and cryptocurrencies that are helping to decentralize the world. But the world is decentralizing politically and

financially as well. So we look at it through those three lenses, and I try to bring to you each and every week. I try to bring you, um some education to help you see the world a little bit differently. Um. If you don't understand at a deeper level really what's going on, then you're just missing this whole thing and you don't know what to do. I started to bring to you some of the latest breaking news each every weeks here up to date on what's going on, and

some interesting guests each end every week. And so we have all of that, but right now I want to dig into some education. And I want to dig into some education so you can understand exactly what's going on when you watch the news, when you hear what, you know what what read any of your financial publications, news publications, and I want you to understand what's really going on. And so we have to dig a little bit deeper and something that we would probably call like a first

principle's level. Most people don't really think through like a first or second order. We have to kind of you've you've probably heard before where people say, um, if you really want to get to like what it is you're trying to do or why you're trying to do it, you just keep asking yourself why seven times? Well why is that? Well? Why is that? Well? Why is that? And so you want to kind of keep getting down deeper and deeper. Most people don't think through the first order.

So for example, um, hey, uh, you know, prices of prices of living have gone up, but really high, and uh, that's really dis proportionately affecting the poor people, and so why don't we give them a little bit of stimulus to help That sounds pretty good on the surface, like let's all help out, Like I like that, It sounds good. But let's think through the second order of that, and the third order, in the fourth order, fifth or so,

if we do that, then what happens. Well, one, we have to print a bunch of money we don't have because that increases the debt. If we do that, then what happens, right, So, and you can keep playing that. I'm not going to dig down that rabbit hole for now, but I want to dig in on something that's going to hopefully help you understand what's going on and um, more importantly, help you navigate what's gonna go on, so you know what to do with your money and so

you don't get wiped out. Put instead, you keep your head above water. And I think once you understand this, it's all gonna become very clear. And um, we're gonna title this the and that inflation is state sponsored terrorism. M hmm, that's a big word. Now. I'm borrowing this from Jeff Dice. He's the head of the MESAS Institute. UM check out MESAS dot org for more info on them. Basically,

it's about the Austrian school of economics. So there's really two schools of economic theory, and you have the Austrian school of economics and you have the Kinsian um school of economics. In all of traditional education, all um colleges, et cetera. Universities that teach economics teach Kinsian economics, they

don't teach Austrian. Most likely, from dozens and dozens and dozens of people that I know who have majored in economics at all different universities around the United States, they've all told me that they never even heard of Austrian economics going through university UM. But these are two um again, Austrian and Kinsian. Our whole system is built on Kinsian Why of course it comes after John Maynard Keynes, which

it comes after after. And uh, everyone teaches that and tells us that's the right way to do it, and why it's so important because it justifies the government printing themselves unlimited amounts of money. Whereas Austrian school of economics is different, whereas they believe in sound money and savings and deploying capital and being efficient, etcetera. So that's the right way in my opinion, but the government doesn't like that because it would make them have restraint, which they

don't want. So anyway, check out Mesas dot org if you want to learn more about Austrian economics. UM and it's really based off of Leadwiguan Mesas wrote the book called Human Action, and it's all about human action. Like humans act, we act like humans want more order in our lives. I want things to be better. Those things that I want build into my motivations that then cause me to act. It's very simple, right, it sounds simple. But for some reason, the Kinsians don't understand that. They

don't believe in human action. So they think that everybody is just a number on a spreadsheet and everybody could be managed very simply like that. And so for example, well, let's just, uh, let's just tax these people at seventy percent of their wealth and let's give that money to these people and that will work out, right, it'll just

even out. But they don't take into a consideration human action, whereas like we'll shoot, if you're going to take seventy of my wealth, then I'm probably not gonna work that hard, right, that's the motivation piece. That's what they're missing. So anyway, let's dig into this a little bit here. So Americans, not just Americans, the entire world, no matter where you're listening from, we are suffering from a massive inflation. That's

what we're being told. R C p I CPI, CPI is on a new record forty year high, forty year high, forty high. Well, it came down a little bit. You've got all the way to nine point one. Now it's back down to eight point five. Hoay, hooray. That doesn't mean prices are coming back down to where they were. That just means they're still going up just a little bit of a less rate. So we have this massive inflation we've been feeling. We've been feeling the pain the

gas pump, the grocery store, all these things. And of course the leaders that be, the politicians, the federals, are of the central bankers. They tell us that it's not a problem, it's not a problem. Oh, it's transitory, it's it's your temper that's going to go away. But once it became impossible to sell that narratve anymore, once it didn't go away, once people started crying out, because the pain of gas pump and the grocery store is way too high. Then the Federal Reserve had to do something

about it. The Biden administration, the president, and again if you're another country, whatever political party you have, they all have to do something about this inflation. And so they will. And so the Federal Reserve wants to start raising rates because if they start raising rates, then maybe they could bring down prices. Now, there's a bunch of ways we can talk about this, but I'm gonna try to stay focused a little bit for you guys and not wander

around too much. And so basically we have this um this monetary policy or this monetary regime of inflationism. Okay, Now, under the Austrian school of economics, inflation, as roth Part said, is always a monetary phenomenon. So inflation is when you increase the money supply. When you increase the money supply causes all types of things to happen. Um, the prices of all types of gooden services change, and supply change change, and all these things happen when you increase the money supply.

But in today's terms, they consider inflation the cost of goods and services going up CPI right, But I I put out a tweet a while ago, I said, the two greatest tricks that the Central Bank ever played on us is one convincing us that the money supply should always increase. And a lot of people you hear that right now, and you go, but market has to uh. As the population increases, the money supply has to increase. Right, that's the greatest trick. The second greatest trick is that

your asset prices going up is a good thing. We're gonna break those down. But what I want to tell you is that this is even way more profound than just the price of your groceries or your gas. It's way more profound than your asset prices, your retirement accounts and your box or a real estate. Alright, this has profound social, moral, and even lasting civilizational effects. Pretty big. All right, let's dig into this a little bit. Now. I don't want to go super deep, in super far

back into history. We're gonna dig We're gonna take a little bit into history and a little bit um, but I want to kind of frame this up a little

bit into something in modern day terms. Um. Then we'll dig back and we're gonna look at a couple of examples through history not too far we'll go back into the nineties and the two thousand's not too far away, and then we're gonna explain exactly what these policies are, what that actually means for you and for your life, for your offpring, and I'm gonna dig into, like I said,

even what this is doing in a society level. Now, if you can understand this at this first principle's level, everything you see on the news from the White House Press Secretary to Biden, read enough the teleprompter, to the Federal Reserve talking or the E c B or whatever country, and it's all going to make sense. You don't want to miss this. You're listening to the Mark mo Show. Of course, we talk about the decentralized revolution, the way

the world is changing, moving from centralization to decentralization. We look at it through the lens of politics, finance, and technology, and we're really digging into the finance piece today because that's on everyone's minds. And again, if you understand this at the level i'm gonna break it down for you, then you're gonna understand everything that's going on and how you should survive on it give you the game plan and what you should do to navigate this. So don't

go away. I want to be back with that and more in a minute. It's a big show. I'll be back, all right, Welcome back. You are still listening, or if you're just joining and you're listening to the Mark Moa Show. We talk about the decentralized revolution, the way the world is changing right before our very eyes, and we look at it through the lens of politics, finance, and technology and today uh, and I look at through those lenses

because all three of those rapidly changes. Today we're talking about the finance side of things, and it's something that's near and dear to everybody's heart, but most people have no idea, uh, what it even is. And so the thing that I'm talking about is inflation as defined in today's terms of the price of goods and services going up. Everybody's feeling that, all right, But let's just go back

a couple of years ago. So remember like two thousand nineteen, before the pandemic broke out, before all that stuff happened, Um, seemed like everything was going great, right, Like the U. S. Economy was booming, the stock markets were making all time highs Um, everybody was happy, Well not everybody, right, You remember there was a whole group of people they were like the never Trumpers, and they're going to move out of the country, and so there was all this angst

built up in the system. But it was kind of going okay, right, I mean, the economy is kind of good. We're we're all making money. But we were already getting to the point where people were kind of at each other's throats. Now, Um, if you think that America was divided, then uh, Dr Bob Murphy he's also with the me since too. He said in two if you think America's divided, now, what do you think would happen if the economy was terrible, like we had another crash in two thoight? Well we're

finding out right now. We're about to find out right now. Imagine living in some of these countries and emerging markets. Today. We saw Sri Loca blow up, Lebanon blow up, we saw Turkey blow up, Venezuela, Argentina, Peru ecuator tapping all around the world. Imagine living there. We see if you don't see what mainstream media, but if you jump onto Twitter, you'll see each of these countries are just named have hundreds of thousands, of not millions of people in the

streets protesting because it is bad news today. And so UM, that's an extreme case, and sometimes you need that extreme case to understand this. But we're talking about this inflation is um as a policy all right. Now, in today's terms, UM, the government has to continue to create this inflationism, this expansion, the money spy because we have to. We don't bring in enough tax revenue to to meet or exceed the spending of the government. So now we have deficit spending.

So every year they have to borrow money or print money just to continue spending. We of this deliberate credit expansion on a national scale. Uh, you know, we've we have As they create all this extra money, it's created more money chasing the same amount of limited goods and services, which brings the price up. Right. But let's just talk about this inflation as a policy. Okay, So the first thing is that, um, the goal of the Federal Reserve, the goal of the United States is to have inflation.

That's their that's their main policy, and they want to have two percent inflation. Now, what does that mean, so they want to increase the amount of money every year by two They want prices to go up by two percent. What that means is that your dollars are buying less goods and services every single year. What it means is that you have to work harder and harder and harder. You have to work more hours just to have the

same level of living that you had before. All right, now that is their target, right, and they should own that, all right? And now Mysa has made a quote the crack of boom. He says, suddenly when people realize that inflation is both deliberate and never ending, it's deliberate. This is their policy, all right, They set out to do that. Now, the policy of inflation, it's engineered. Like I said that, their policy is two. But let's say that we get to nine, which is where we got. Now, that's just

barely a little bit difference. That's like saying, um, you know, a little bit of poison is good for us, but a lot of poisons not. It's basically what that's saying. But let's let's think about what that actually means. All right, So at ten percent inflation, in seven years, you'll have

lost half of your purchasing power. So if you had a hundred thousand dollars, let's say let's say that you want to buy a house and you're gonna pay cash, and you had a hundred thousand dollars and I was gonna pay cash, but you know what, I'm probably gonna travel for a couple of years, so I'm gonna put that money in the bank, and then I'm gonna come back and buy the house in a couple of years. So in seven years from now, you decided to buy

the house. But the problem is that hundred thousands. You still have the hundred thousand in the bank, but today it only buys you fifty thousand dollars worth of a house because of the inflation pushing the price of things up so much. Inflation, that's why he's making the case of inflation is nothing less than sanctioned state terror. Terror, and we should treat it as such. It's criminal. It makes us live in fear, think about terrorism. It makes us live in fear. And it's not just economic issue.

In fact, it produces deep cultural and social sickness in any society. It touches. It makes planning ahead, it makes planning for your business, your own personal expenses, your entrepreneurship. It makes all that planning, which would of course rely on profits and lost calculations money prices, way more difficult.

It makes it way more risky. And when it's more difficult and risky, we get less of it, So we get less investments, we get less business booming, but also inflation prices going up, where your dollars buying you less and less, destroys both existing wealth and future wealth. So that hundred thousand dollars that put in my bank, it destroys that, and it now only buys me half as much goods, but it also destroys future wealth. All right.

It diminishes the world that our children, our grandchildren habit, and it makes us poor and vulnerable in our senior years. Now, um, just not that long ago. Twenty years ago. With a million dollars, most people could probably retire on that because you could put that million dollars, you could earn your seven eight percent on that pretty consistently seventy dollars a year. Most people could live on that. Today, that million dollars doesn't get you anything. Now you need ten million dollars

to have the same quality of life. That you could have had on one million dollars. So it makes us poor and vulnerable in our seniors. It it steals and destroys our future. An unspoken truth, inflation also makes us worse people. It degrades us morally. It forces us to choose current consumption over thrift. It makes us live in the present at the expense of the future, which is the exact opposite of what healthy societies do. We should

be thinking ahead. Think back to the United States in its founding, you had people coming to the United States sacrificing their future. I'm sorry, sacrificing their current reality and I guess their future in exchange to hopefully have a better life for their future generations. Even not that long ago. You know, immigrants come to the country, work eight hours week hopefully that they will have something better. So that's

a long term thinking. They're making decisions today that would be worse today, but long term they hope it will be better. My goal, my renewed goal, is I want to be as healthy as I can, and I want to make sure that I have a sound mind when I'm old. That's like my main concern right now. And so now I'm rethinking all the things I'm doing today because I've set that as my goal. We I'm gonna eat differently, I'm gonna put different things in my body, on my body, all those things, and so I need

to have that long term perspective. My relationships, how I treat people today will change based on those long term perspectives. You hear about, like don't burn bridges. Why not burn bridges well, because at some point in the future you might need that person again. Right, that's long term thinking. If we have short term thinking, we're eating junk, we're doing all kinds of things of our body, we're having horrible relationships, we're not saving, we're not building, we're not

doing anything. And that's why it's bad. Right. It's the very human impulse of saving for a rainy day and maybe hopefully leaving something for your children is ruined because of inflation. Now you're listening to the Markmas Show, we're talking a little bit of education so you can better understand what is going on in the world today because you hear all these things about this Inflation Reduction Act that the Biden administration just passed through, and you don't

really understand. And so I'm breaking all this down for you. I got a lot more to cover when I go through, and I want to give you the playbook of how we're going to survive, what we're gonna do through this. Don't go away, I got a lot to cover. I'll be right back, all right, Welcome back. You are listening to the Markma Show. We talked about the decentralized revolution, the way the world is changing right before our very eyes, through the lens of politics, finance, and technology. Of course,

the technology is bitcoin cryptocurrencies. But today we're talking right now, specifically about the financial system. And I'm taking something that you hear about all the time, inflation, and I'm breaking it down so you can understand it a little bit better. Um, and then we're gonna I want to give you a couple of examples and what we're gonna do about here. So we're talking about what inflation is, and I was just talking about how it's a deliberate policy. Right. The

goal is two percent, they have to nine percent. What does that mean, Well, the goal is that they want to kill you slowly instead of kill you a lot. Now to put this into two actual numbers, inflation is now back down to eight point. Okay, in the United States, that's the cost of goods and services going up by eight. What does that mean to you the average person? That means for the average person, so we have like the median income, the median expenses. For the average person, it

increases their monthly expenses. What does that mean. Well, that means that this month, it costs you three more per month to have the exact same quality of life that

you had the month before. So what does that mean, Well, that means if you make thirty two dollars an hour, thirty two bucks an hour, which I think is a pretty decent wage in across the United States right now, if you make thirty two bucks an hour, then you have to work ten extra hours this month to have the exact same quality of life that you had the month before. Now, that's ten hours of your life that could be spent with your wife building a better relationship.

That could be ten hours a it's been with my kids teaching them good life lessons. That could be ten hours I put into my health, my personal change, ten hours I put into my education. Ten hours I could spend building a side business or a new business. That's ten hours I could do whatever want. That's my life, and now I have to take those ten hours and take them away from my kids, or take them away from my personal health so I can work more, so I can have the exact same quality of life I

had the month before. Now that's a that's an eight and a half percent. Now the goal is two percent. So instead of stealing ten hours a month, they only want to steal two or three. Of course, that adds up over time, as I said before, So you can kind of see where this goes. Now. As this happens, as inflation happens, as you continue to still the wealth from people, everything starts to break down. It gets harder and harder to live. A perfect example, I got coffee

right here in front of me. A cup of coffee was fifteen cents today a couple of coffee. Depend on where you go, it could be four dollars, five dollars. Don't you think with all the technology we had in the world, with our supply chains and our transportation and all those things agriculture, shouldn't it be cheaper to get a coffee bean from Colombia to my cup of coffee today? And the answer is, of course, a couple of coffee should have gone from fifteen cents to two or three cents.

My living should be got should have gotten easier. I should be working less hours today to have the same quality of life, not more. I should have more goods and services. I should have more time for myself and my friends and my family and have the same quality and even a better quality vie. Because everything should be getting cheaper, but because of inflation, we don't. Because of inflation, it's like running on a treadmill and you're going nowhere.

And that's the policy. That is their goal too. They want to have that. What happens after that is war. Now, war always happens in actually inflation. The ability to print this money and causes inflation is actually what leads to war and ultimately makes wars bigger and last long longer. So um. The central bank, the first central bank, the Bank of England in late was actually started because England was in the war with France and they needed more money.

But let's go back to a more recent time. Let's go to like Hitler's Germany World War two. Now, inflation, like I said, in war are linked. It's like it's the finance that leads nations to that and its sets

the stage. So before Hitler took power, the German reichs Bank suspended it's one third gold reserve requirement in nine fourteen, so the bank had to keep of all the money they had, they had to keep a third of that value in gold, and so that that that put a limit, a cap on how much money they could artificially create, how much inflation they could create, because they had that

one third goal requirement that that anchor. But when they suspended that, then Germany was able to inflate a lot, and they started it started getting very diffic gold for people to live. As a matter of fact, it got so difficult for people to live that a lot of people didn't live. And because of that, people wanted something so bad someone to come in and fix this so bad that Hitler was able to rise up and say, hey, I got you. I'm the pie piper. I'll lead you

to the Promised Land. If it wasn't for the suspension of that golden requirement, if it wasn't for that massive inflation that that the central banks went and did, maybe maybe Germany and Hitler never would have been anything. Maybe it would never been a military power. Maybe Hitler never would have risen up because there would have never been that in that environment that led to him doing that. There's a great book called Win Money Dies that really

walks through this UM. Great book I recommended. It really documents UM people that were living through this and you can understand exactly what was going on. But what what are the lessons for today? Like, how do we apply these lessons for today? Well, the first thing is we have to we have to understand UM that inflationism, the central banks wanting to increase the money supply UM affects us as people, Okay, as they shift us from producers to consumers, as they increase the price of living, the

cost of goods, they're stealing our life. It's we have to understand for what it is. It's criminal theft from future generations and from savers. I've saved a hundred thousand dollars, but now it only buys me fifty good. They stole my value of my savings and they stole the value of my money for my future generations, my kids. All Right, So we have to understand it for what we have to call him out. We have to understand that no

amount of monetary or fiscal engineering. There's no jiggering of the economy the central banks, or the or the or the treasury can do that can take the place of capital accumulation and higher productivity. You have to know that we don't want money, and you're like, what do you mean, Mark, of course I want money. I want lots of money. No, you don't. What you want is you want the things that that money will buy you. Right. I want to take my wife out to dinner. I want to take

my kids on a vacation. I want a steak tonight for dinner. I want a new car. You don't want the money. What you want is the things money buys you. Because wealth is not money. Wealth is the goods and services. We need a productive society to get those goods and services. So there's no amount of monetary expansion or financial jiggering

that can create more wealth. What creates more wealth is when we save the money and use it to be more productive, to make more goods and services more efficiently at lower prices, so the quality of life goes up and not down. We need more money, uh, more money and credit is no substitute for better and cheaper goods and services. If my goods is ever to get cheaper and cheaper and cheaper. That makes my life easier and easier and easier. That's what I want. I want to

my my my level of living. I wanted to go up, but that's what the central bankers want. The central bankers want it to go down. And this is their policy they want. In the Nited States, phero reserved targets two. Okay, it's deliberate, it's intentional. Now their goal is they got to nine um but um and and like I said, this has massive sidal impacts. Now, since nineteen seventy one when they got off the gold standard, we've seen this

explode through society. So since ninety one, the obesity rate has gone through the roof because they have they had to figure out how to make food cheaper to offset that inflation. And so now our food quality has gone down. Um, we have, we've had. America has become a nation of dual working couples. One person in the family is to be able to work. Now two people have to work, and you still can't have the American dream. The divorce

rate has skyrocketed. Why the number one cause of divorce is arguing over money and so you can see how it tears the very fabric of society. Now you're listening to the Markmas Show. We're talking about the decentralized Revolution. Today, we're talking about how the financial system is breaking down. And I was given to you at a first principle's level, so every time you hear this policy from the central bankers and the government about inflation, you can understand what's

going on. I want to talk about the playbook of what I expect is gonna come next and what I'm doing about it, what I'm gonna do about it, what you should do about it if you want to keep your head above water and not fall behind. Is the government contents you steal your money through inflation. So I got a whole lot more to cover when I come back. You don't want to miss this part. I'll be right back. Don't go away, all right, Welcome back. You are listening

to the markma Show. We're talking about the decentralized Revolution, talking about the way the world is changing and looking at through the lens of politics, finance, and technology. Today we're talking about the finance piece specifically, but I guess it's political as well. It's a politically Uh, motivated to increase the money supply, and then you increase the money supply, it affects the financial markets and then um that creates a massive problem, and then technology comes along to solve

the problem. So they're all connected. But today we're talking about the finance side specifically, and we're talking about inflation, a word you hear all the time, but it's really misunderstood. So hopefully you understand that a little bit better. Now. If you missed out on that, I'm not going to recap it, but don't worry. You can catch it on the podcast. Just search Market Moss podcast on any of your favorite players, or I also put them on YouTube.

You can find them on YouTube. Um just search Market Disruptors on YouTube and you'll find all these and you can watch me on video at the same time as I'm talking. Now, UM, look, now that we've kind of set up inflation and what causes it, let's talk about where this could go, where I think it's most likely

to go, and what I'm doing to survive this. So the first thing you have to understand, as we've made the case, is that inflation is deliberate the government, that the central banks want inflation they want to increase the money supply UM, but also it there's no other way. So there's no other option at this point. At some point, you know, fifty years ago, maybe even twenty years ago, they could have reversed course. But we're at the point

of no return anymore. There's no leader that will ever become elected by saying, hey, we need to cut a bunch of spending programs and get back into living within our means. No one will ever win that race, and so it's never gonna happen. We're gonna have to continue

to print more money. But it's also worse than that because right now, because of this, the prices inflation going up, and UH inflation going up, UM, and the Federal Reserve and the and the Biden administration, everybody, and not just in the United States, even in Europe, the ECB UM, they're all worried, China, they're all worried about inflation. We have to get prices under control. Well, there's two ways to get prices under control. To lower prices, One you

could add supply, or two you could lower demand. And the central banks can't add supply. Of course, as I said earlier, we don't need more money. We need more productive, we need more goods and services. So they can't they can't add more good services. What they can do is they can crush the demand. And that's exactly what they're doing. They've said so many many times, UM, just search fed destroying demand and you'll find a bunch of articles on that. And so they do that by making you feel poor.

If you feel poor, then you don't buy as many things. The problem with making you feel poor because your stock, your retirement accounts went down, your house went down, is that you don't buy as many things. And when you don't buy as many things, then there's not as much tax receipts. So right now, the government spends more money than they bring in. But as they bring in less money, they're going to have to spend more money. So they're

gonna be spending more money. To help you offset your rising gas prices, help you offset your solar panels on your house, How help you offset all these different things? And as prices, as as your cost of living goes up and your income and your assets go down, they're gonna have to offset that even more. Right now, UH a hundred percent of tax receipts government brings in go to cover just the very most basic expenses. The government

has entitlements and treasury spending. The rest they have to borrow, So the government already has to borrow or print more money every year. Just down on and float. Now, the problem is is that as they crush demand, seventy percent of the gross domestic PROBA of the United States comes from consumer spending. But if they bring asset prices down, you don't have any money, so then you don't spend,

so then GDP goes down. The other problem is that this is a big problem, is that the top ten pent of earners, the top ten percent earners in the United States, pay seventy percent of the taxes. How's that for paying your fair share? Biden and AOC They say the rich don't pay their fair share. Well, the top ten percent of earners pay seventy six nine four to be exact, of the taxes come from the top ten percent.

Now why does that matter, Well, because the top ten percent, they don't make their money from a W two getting taxed. They make most of that money through capital gains, um, you know, stock options, things like that. So if the asset prices come down, they are not getting that money, and then they're not paying the taxes. Well, that's a problem. A seventy of the tax receipts come from them, So if the tax seats go down, then the government has to print even more. And on top of that, um,

where do they get the money will? They have two options. One they could borrow it from other nations, and they used to. As a matter of fact, from two thousand two to two thou fourteen, fifty of federal debt was purchased by other nations. But since two thou fourteen only five. No one wants to buy us debt anymore, so they have to print even more. So you see very quickly where this is going more inflation, higher inflation. Now we

have plenty of examples of how this works out. Zimbabwe is of a good example because it happened very recently in the two thousands, and we understand it's very volatile, but we understand that while we could see things come down in the short term, the governments of the world have no choice but to continue to inflate. They have no choice. So, um, what they're going to do is

they're going to try to offset that. So they're going to have to continue to inflate the currency, increase the amount of currency, which is going to push prices higher. What they're going to try to do, they're already doing. They already talked about. Elizabeth Warren the United States has been talking about, Biden has been talking about it. In Europe they're talking about is price fixing? Well, shoot, prices are going up so fast, but we have to keep

printing money, which pushes the price to be more. So here's what we'll do. We'll cap the prices of those goods. The problem is businesses are in business to make money, and so if they cap the price of goods to where the business can't make money anymore, then the business shuts down, which so price fixing always leads to shortages, and shortages lead to more prices going higher. That's where we're going Zimbabwe. From the markets dropped fifty percent, we

could see another fifty percent drop in the SMP. We could um and and actually there's probably a pretty good chance we will. So for two years it grinded lower, then it's shot up eighty seven per cent. I'm sorry, not eighty seven times, eight seven times. Because the governments were forced to capitulate and print that money, and that's

what I expect to happen here. I think you know, over the next three to twelve months, we could see the markets, the real estate markets, the stock markets continued to grind lower. But then they're going to shoot higher. Now the problem is when they shoot higher, what are you gonna do. If I had a time machine, I can go back in time, and I went to Turkey five years ago. Um in the last five years Turk, the Turkish lera has lost eighty two sent to the U. S. Dollar.

So if I was in Turkey five years ago, I would have wanted to sell all my Turkish lira and buy dollars and I would have done really well. Or I could have borrowed a bunch of Turkish liraor to buy real estate and I would have done even better with that leverage. Because just just because your house is going up in value doesn't mean you're making money. You

could just barely be keeping your head above water. If you bought a hundred thousand dollar home and now it's a million dollar home, and you sell that million dollar home, where you can just go buy another million dollar home the exact same way. You didn't actually get ahead all you did was keep up. So you have to figure out not only how can you keep your head above water as this inflation continues to rage on, but how

can you stay ahead of this? Now? Um? I have I have a playbook that I'm following, and I'm actually gonna have a live event, um and we're gonna I'm gonna cover this. I got a whole bunch of charts that I'm gonna do live Q and A. If you'd like to join that, you can just check out go dot one, Mark Moss dot com, Dot one Mark Moss

dot com slash plan. If you want to find out what my plan, go dot one Mark Moss dot com slash plan and come hang out with me live on video see all the slides I have and hear what the plan is. But we need to have a plan because we know we don't really know what's going to happen over the next three to twelve months. Probably the market's going to crash. We don't know how hard they're gonna crash, but we know that in the next three to five years, the government has no choice but to

continue to inflate the currency. It's their plan two. But of course they're gonna be forced to do even more because of the problems that I've broken down for you. It's inevitable in my opinion, and we have plenty of

historical narratives to back that up. You've been listening to the Markma Show talking about the decentralized revolution, the way the world is breaking apart and from a centralized place, and we'll swing back to a more of a decentralized world and we look at it through the lens of politics, finance, and technology. Now, this as we talked about today, was mostly about finance, the governments of the round the world,

the central banks of the world. We're talking about the b o j in Japan, Bank of China, and we're talking about the ECB, European Central Bank. We're talking about the Federal Reserve of the United States. All of these banks are in the same situation. They have no choice but to do this, and you better be prepared or you gonna get left behind. That's what I got for you today. Hopefully you enjoyed this show. Let me know, hit me up on Twitter, let me know, and thanks for listening.

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