The Mark Moss Show 2-19-24

all of these things up, it's bad. But the government doesn't want you to believe that, and that is why they are going on a massive gas lighting campaign, from Biden on TV to Janet Yellen on CBS and so much more. So. In today's episode, we're going to talk about what is going on. Why is the Biden administration going on a full court press gas lighting us about the truth. We're going to dig through some economic data so you can see how price levels have changed throughout history.

We're going to take a look at what Janet Yellen said, and we're going to break this down step by step. We're going to put actual data behind it to see where we're really at. We're going to pull back the of some things that she said so you can understand what she's really really saying. We're going to talk about the actual data of our Americans better off or not, what you could be doing about this to protect yourself and so much more so, let's just go ahead and

dive in. If you're just tuning in, you're listening to the Mark Mos Show. We're talking about the way the world changes as we look at it through the lens of politics, finance, and technology. Today we're mostly talking about finance and how the world is changing. But unfortunately it's

become political now. I say unfortunately because what the Paul Krugman's, the economists of the government have to say, and what many economists of the central bankers have to say, is that we can only trust the money that's given to us by a government, and we can only trust money that's given us to us by a central bank. However, that makes it political then because the government and then which government, and which ruling party and all these things. Right,

Money is neutral, Money should not be political. Money is just money. Money is medium of exchange. Now, I didn't want to go down this path, but just real quickly, if you think about money, as my friend Robert B. Breedlove says, will be the defining question of our generation. But what is money? And money is a lot of things, but ultimately, it stores my value, it stores my energy, it stores my wealth until I'm ready to exchange it for goods and services that I want, and so then

it becomes a medium of exchange. So I can use it as a store of value, and then I can use it as a medium of exchange. And so neither of those things should be political. The only reason it's political is because they want to impact. They want to affect, they want to change the amount of money so that then they can drive certain political ideologies and things like that. So let's break this down a little bit. So let's

talk about for a second. First, let's talk about let's just start right at the top, and let's play this little clip of a video of Biden the Super Bowl Sunday.

this argument. We'll come back to that. But inflation being price is going up, and when prices are going up, your money doesn't buy you as much goods and services. Back to money being in medi of exchange. Now, what he's called shrinkflation is that the price didn't actually go up, but the amount of goods and services went down. It's the same thing. So instead of prices going up, the price to day the same, except you just get less stuff.

It's the same thing. He's calling something different but he's complaining about is ice cream. But the reality is here, what he's really trying to do is divide the people. What he's really trying to do is angle for more government oversight, and he's trying to blame the greedy capitalist for doing this. He's angry about it. He wants to do something about it. He wants to get to the bottom of why these companies are giving you less chips in your bag or less ice cream in your cart.

And as he talks about, but that is completely false. And I'm just going to break this down for a minute. We're going to come back to this towards the end, but let's just think about this for a minute. If, as he says ice cream, if ice cream maker number one charges five dollars for one court of ice cream, and ice cream Maker two sells the same court of ice cream for six dollars, I, as a consumer, get

to choose which one I want. Now. Likewise, let's say they're both dollars, but one is a court and one is a quarter of a court or half of a court, then I can still make my choice. What he's saying, though, is that people are tricking us and they're selling us less one. I would say that he thinks too low of the American people, Like, come on, are we really that ignorant. Do we really not notice that there's less actual food in there to feed our families or feed ourselves.

Of course we don't. But the reality is what I want to point to is it's not about a greedy business. It's about the necessity of these businesses in order to stay profitable. You see, a business has to make profit if they want to pay for their products, if they want to pay their employees and so forth. And the all of this rhetoric that you hear from the government talking about these greedy corporations overcharge and hear from Elizabeth Warren as well. We heard it from well, I think

it was Elizabeth Warren. She last year Thanksgiving talking about these greedy turkey companies overcharging you, gouging you on turkeys. But the way the free market works doesn't allow for that to happen. You see, if I see somebody make two hundred percent profit margins on turkey or oil or ice cream, then I'm going to go, Man, there's a lot of money there. I'm gonna go make turkey or produce oil or sell ice cream. And instead of making

two hundred percent, I'll make one hundred percent. And then someone else sees that and goes, well, I'll do that, but I'll make fifty percent, and someone else sys, well, i'll do that, but i'll make thirty percent, and then someone else does twenty percent. And you can see through competition, it eats into those profit margins until profit margins getting

shrunk so little that nobody's making money. Then a few businesses go out of business, and somewhere the price stabilizes at just the right blend of profitability for the business to day in business and affordability for the customer to use. It's competition that eats into that. You see. It's impossible for a business to continue to over gouge without competition coming into get into that unless the government enables that. You see, it's the government that enables the monopolies to happen,

and that's what prevents it. Now, in the case of food, that's not the case. In the case of food shrink inflation, it's because of inflation, and it's because the cost of their commodities have gone up so much they've had to lower the amount of goods and services that you receive. I have a friend who has a restaurant, and he said that he's not able to sell steaks anymore. As a matter of fact, he's having to change his whole menu because he can barely stay in business anymore, and

he has to start serving lower quality food. He said, I can only raise my prices so much, and I can't raise my prices because customers will stop coming in. I can't raise my prices high enough to offset the cost my input costs that have gone up. And so my only option is to start serving lesser quality food that I have higher profit margins on. So it's another way that you can do it. You can serve a lower quality food. My friend safety and who wrote the

Bitcoin standard, talks about Fiat money, Fiat food. A big reason why our food has gotten so bad is because of inflation forcing manufacturers to try to make food cheaper, cheaper, cheaper, substituting for lesser quality of ingredients. Now, let's put this into some practical terms that you can understand. So Biden did this right at the Super Bowl. So right when everyone's thinking about buying snacks for the Super Bowl party, they're seeing the sticker shock at the pump or at

the snack food check out. I guess in this case, and he did it specifically when you had the largest audience in the world but certainly in America at that time, watching the Super Bowl, and he used it specifically to go after businesses to divide. He's supposed to be the one that brought us all back together, but he constantly attacks the MAGA, the right, and then this case the business is But again I've explained that why that's false. But let's talk about some actual numbers in regard to

the Super Bowl. So in the first super Bowl, super Bowl one, which was nineteen sixty seven, a ticket cost ten dollars ten bucks for a super Bowl ticket in ninety sixty seven. It took until nineteen seventy five, so it took about eight years and prices doubled from ten

to twenty dollars. Then it took six years to double from twenty to forty doll Now we're talking about one hundred percent increase here, Okay, we're not talking about a five percent or two percent, Like if you're an employee, what is your annual increase in your pay two percent, three percent? We're talking about one hundred percent increases in Super Bowl tickets. If you're just tune in, you're listening to the Mark Moss Show. We're talking about shrinkflation and

how it's eating into your wealth. I'll be right back talking more about inflation, shrinkflation and breaking down the real root cause on what you can do. Don't go away, I'll be right back. All right, Welcome back. If you're just tune in, you're listening to the Mark Moss Show.

We're talking about shrinkflation. We're talking about the government's gas lighting us on what shrinkflation is, what the true causes are, and just to highlight it, we are going through how Biden made an address to the nation right before the Super Bowl saying he's fed up with shrinkflation and he wants the companies to stop doing it. But we're just talking about the real root causes inflation, and we're talking about specifically. The Super Bowl tickets are a perfect way

to see this. The very first Super Bowl tickets were ten bucks. It took eight years for the to double to twenty bucks. It took six years for them to double to forty bucks. Then it took three years to go to sixty bucks. Then it took sixteen years to double to one hundred and twenty five dollars. That was nineteen ninety. Then it took six years to double to three hundred and fifty that was nineteen ninety six. Then it took twelve years to double to seven hundred. That

was Super Bowl two thousand and six, seven hundred. Then it took another five years to double to fifteen hundred. That was in twenty fourteen. And then it only took another five years to double to forty three hundred. That was Super Bowl twenty nineteen. And then it took one year to double from forty three hundred to seventy one hundred. That was twenty twenty. And then this year tickets were about twenty five thousand dollars. So that's what we call inflation. Now,

it's not shrink flation shrink inflation. They're basically the same thing. It's strengthflation is a way to hide the actual inflation. But if there's no better gauge than that, there's also like the Big Mac index. I'm not going to read that off to you, but like the same Big Mac you can see how it costs more and more and more, the same gallon of gas, how it costs more and more and more, and that is inflation hitting you and

everybody feels it. But why is the American government going out on a full scale campaign to tell us that it's not real. Well, part of it is because they are facing an election ear and part of it is because they're getting ready to do something that's going to cause inflation to get even worse. We'll cover that in a minute. But what really hit me was actually seeing this Biden commercial. Obviously that was a pretty shocking to me, and more shocking how everybody seems to fall for that.

And then at the gym, I said, they have TVs on at the gym in the morning. I go there before before I come to the studio, and they had one on talking about how Americans are feeling it but they're not really understanding not as bad as they think it is. That was yesterday I saw. And then this morning on the gym I saw Janet Yellen was on CBS again talking about inflation and how it's not that bad and how it's getting better and all these things.

And so like we have this like full scale media blitz going on right now, from Biden addressing the Super Bowl to being on mainstream media yesterday to now Janet Yellen going on and addressing the nation. When you have the president. When you have the Secretary of the US Treasury and you have mainstream media running these all consecutively, they're trying to get a message out. But what is

the message? Well, in this exclusive interview, because Janney Ellen doesn't do a lot of interviews, and this exclusive interview, she tells us what's going on. As matter of fact, let's go ahead and play this clip here.

are working specifically for Biden's re election campaign. Now, when you understand that, and you understand that it's a political motivation, then it's much easier to understand what it is that they might be doing and why they might be doing it. Now, you see a lot of people constantly tell me over and over and over, you don't understand Mark. The Fed can't pivot off their position, the Treasury and the Fed. They can't continue to ease the monetary situation because inflation

will rage. But as you hear it right there, it's critical for the reelection campaign. They would much rather have inflation than the opposite, which is deflation. Let's go ahead and play this next clip so you can hear exactly she's saying it. Let's go ahead.

going to be better. And the best part that she said here towards the end, I'm going to play it back one more time.

That's their target. So that means they only want inflation to go up by two percent, right, But what that means is that they're stealing two percent of my wealth. So if I have if I have one hundred thousand dollars in the bank, I could buy one hundred thousand dollars worth of goods today. But at two percent inflation, over five years, I can only buy ninety thousand dollars worth of goods and services, even though I still have

the one hundred thousand in the bank. It only buys me ninety thousand worth of goods, so they didn't actually steal my money. As in currency units, I still have one hundred thousand units of currency. It's the purchasing power of that. And what she's saying is we want to slow it down to a point that the people, the American people, don't realize how much we're stealing from them. You see, if people get too much stolen from them,

they become very angry. We see this happening in other countries all over the place, and it quickly erodes the currency. So she says that exactly, let's go ahead and play this next clip.

down this data for you. As a matter of fact. We'll look at how much prices have gone up, We'll look at how much wages have gone up, and we'll start to look at the fracturing going on in the economy in people's lives like you. We'll hear from a couple people they interviewed in this segment afterwards to hear what they have to say, and then of course we're going to talk about what you could be doing to

protect yourself from this. If you're just tuning in and you're listening to the Mark Mas Show, of course we're talking about the way the world is changing as we look at through lens of politics, finance, and technology. Today we're talking about inflation, shrinkflation and why the government is gaslighting on it. We're back with more minute to oka

away I'll wear back. All right, welcome back. So if you're just tune in, you're listening to the Mark Mass Show, we're talking about inflation or shrinkflation and why the government is on a full court press to gaslight you. We just listened to a clip from Janet Yellen going and addressing the nation on CBS News saying that, well, you know, some people might notice that some of the important things have gone up, but the important thing that they should

know is that wages have gone up as well. Okay, so again that's true, but we have to dig into the data to find out is that true or not. So, yes, prices have gone up, and yes, wages have gone up. The question is have wages gone up more than the prices so or have they gone up less? Because at the end of the day, we're trying to figure out, if we cut through all this noise, is is our quality of life going up or down? Am I able to buy more goods and services in the future or

less goods and services? Can I work less hours to achieve the same quality of life or less? Inflation has been taken that away as a matter of fact, inflation added was it three hundred dollars per month of increase. The for the average meetia and income in the United States at about three and twenty seven dollars a month

just to maintain their average quality of life. And so if you make thirty two dollars an hour, that's ten extra hours per month you have to work in order to maintain the same quality of life that you had just a month before. So the question is are they going up? And the key there's a couple things that I want to dig into. We're going to go through these numbers. A couple things is, first of all, the price is going up. The CPI, the consumer price and

inflation is given to us. That number is given to us by the BLS, the Bureau of Labor Statistics, which is the government. And it's important to understand that they change that the way they calculate that number all the time through since the eighties, since they started calculating that, there's been multiple occasions where they've overhauled it dramatically. They constantly manipulate the basket to get different types of outcomes.

Will break that down for you, and so the number that they're telling us is the official government number, but it's not the real number. And this is why it's different for people like you and I is dealing with this on a daily basis than it is for them sitting on their high horse looking at official government data. Because the official government data is wrong. Let's play a clip right here of from the same interview with Jenna al and CBS, and let's hear what people have to say about this.

goods and services. So abstaining for buying goods and services, now, when that happens, that's that's a trickle down effect for the rest of the economy. If I abstain, if I go out to dinner less, if I buy less goods and services, that means all those businesses that I would have I would have gone to to buy those things suffer as well. So while they say the official data is actually good, the word on the street is the opposite. We can see that. Let's see here, wages have gone

up with inflation. Perficial numbers Americans paychecks puzzle, almost two and three workers got to pay increase this year, but they say they lost ground to inflation. That's per Bank rate survey. So inflation has been coming down, but the prices don't. And this is a key piece. So what happens is inflation raged. As a matter of fact, we saw prices go up by about fifty percent over about a thirty six month period, and so it became unaffordable

for most people. Then because of that, inflation went up. Then eventually the employers were forced to increase their rate

of pay. So then the pay went up and inflation has slowed, so instead of seeing I mean, officially we got up to nine percent inflation, unofficially we were probably at twenty percent inflation depends on what goods and services that you're talking about, obviously, so we're seeing, you know, anywhere from ten to twenty percent inflation, and those prices go up exponentially because it's inflation on the inflation on the inflation. Now, inflation has slowed and wages have gone up.

So the government's like, oh, good job, good job, good job. We've got inflation down to three percent, and now wage growth is that five percent, So good job. But it doesn't take into account that all those prices had just gone up fifty percent and people's pay didn't. See that's the thing. This is why there's this big disparity. So they want to point to the official data and tell you that what you're seeing, what's your feeling, it's not real. Now Biden says, it might be real, but it's actually

the greedy business's fault. But what they're trying to tell you is that, as Jennet Yellen just said, but you know, the thing is is that wages are going up, you should be okay, you don't. You shouldn't have to go get so creative. Apparently now to Yellen's credit, like I said, wages did rise as a matter of fact from twenty twenty to twenty twenty two as the price of goods and services went up with higher inflation than wages went

up to right, And now inflation has come down. But per the poll, only fourteen percent of American voters say they are better off financially now. They're better off financially under this current administration, which means that the eighty six percent believe that they are in a worse situation than when Biden took office. Now, this is not to make it political. It should not be political. Money should be neutral. And that's kind of the key piece that I had

on all the time with a sound money standard. Money should not be a political tool. Money is what the money is. The economics is what the economics is. If you're a business owner, you made a bad business decision, that's on you. It shouldn't be a political decision. But yet here we are. And so because it is turned into a political situation, now we have American voters saying that it's the administration's fault that leads to that that makes sense. But we can see that wage growth has

been slowing for a long time. And what we use, what the government uses, is something called real wage growth, and real wage growth is wage growth adjusted for inflation. And if we do that, we can see that Americans experienced negative real wage growth for the majority of twenty twenty one to twenty twenty two, which is exactly what I was talking about. But that's real wage growth. And again that also assumes that we're using the government's numbers.

That's the problem with the real wag's growth is that we're using the manipulated CPI data. For example, many ways they manipulate the CPI data so they have like an adjustment. So what it's supposed to be is very simple. Right,

So like I went to the grocery store. I bought a basket of goods, so I have my shopping cart, and I put my Ribbi steak, sixteen ounces of Ribby steak, I put one gallon of milk, I put one pound of cheese or whatever, right, and then it's supposed to track that same basket throughout over time, so we can see how price is changed. But the problem what they've done is they've changed the basket, so they have what's called substitution. So they say, well, we're not going to

use a steak anymore, let's just put hamburger meat. Oh, hamberger meat's gone up too much. Well let's take out the low fat hammer meat and put the high fat hammger meat. Okay, let's take that out and let's put tofu in instead. And so they do the exchanges. Another thing that they do is they adjust the prices for improvement gains. So they'll say, for example, well gasoline quality has improved, so we're going to offset the improvement in

gasoline for the price increases. Another big thing they do so about thirty five percent of the CPI basket is made up over home prices or rent prices, so it's not the cost of the home, it's the payment of the home. And what they do is they randomly pull people. I own multiple houses. I've never been pulled, so I'm not sure who they're pulling, but they just randomly pull people and ask them, hey, homeowner, what do you think you could rent your house for if you were going

to rent it. So it's called the rent rent owner owner's equivalent. So they're just doing these random polls. That's where they get in the data. They're not pulling it from like rent dot com or Zillo. They're not pulling like actual data. They're just randomly pulling it. And that makes up thirty five percent of that CPI basket. So you can see how that is manipulated. If you're just tuning in, you're listening to the Mark Wall Show, we're

talking about inflation. We're talking about shrinkflation. We're talking about why the government is trying to gaslight you on this. When we come back, I want to talk about why they've changed the definition of inflation, why that's been done, how understanding the true definition of it actually leads to us understanding this better, and then how that leads to us being able to formulate a plan to protect ourselves from this ad as is all going down. So don't

want you don't want to miss this last piece. We're going to bring it all together. If you're just tuning in, you listening to the Mark Mass Show, 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 Mass Show, We're talking about shrinkflation. Inflation and why the government is on a full fledged attack to gaslight you on this subject.

And so we talked about it. Let's just recap a couple of these pieces before we go into understanding it from a different angle and then how do we protect ourselves from it. But we saw Biden go on and address the world before the Super Bowl. We've seen mainstream media running pieces all week talking about how it's not

as bad as people think it is. We've seen Janet Yellen, the head of US Treasury, just went on with an exclusive interview to explain that it's not as bad as people thinking his and wages have been going up and all of these things. So we have this full court press onto that. And part of the reason why to summarize this is because of what she said I played in the first clip. It's critical for the economy to be in a good place for the Biden administration for

the reelection. She said that that was the first clip that we played, so you understand it now, and so understanding that tells us what is going to happen for the rest of the year. Like I said, a lot of people think that we're going to see some tough choices made, we're going to see some the FED pivot that everyone's waiting to see. Maybe won't come back because they're afraid of inflation. Maybe the fiscal government will spend less money because they're afraid of inflation. But what she's

saying is that's not their main problem. Their main problem is getting Biden reelected, and the economy has to be strong for that. And so they would rather tell you that you don't see inflation, you don't suffer from inflation. Inflation's not a problem. As a matter of fact, inflations under control and your wages are growing. Just just trust them as your true source of trust so that they have cover to crank the inflation up even more. All right, So now that's sort of the high level of why

we want to understand this. Now let's dig into inflation so we can understand this a little bit better. And what I mean here, Okay, the fundamental problem with understanding inflation and how it affects us and what we should be doing about it is the failure to define the problem properly. You see, what they call inflation isn't what I consider inflation. It looks like I think it's the

wrong definition of it. Inflation is not. And this is per the Austrian school of economics, which they don't really teach in college because they don't want people to understand this. They want to teach you kinsy in economics. So it's distorted everything. One of the things that people, I don't know who they are, the leaders. What the government does is they try to change the definition of a word so that they can make it fit their use. Then they can win an argument. Okay, let me give you

a couple examples of this. And this is obviously inflation is one. Let me use a different one. Let's say in the United States, we have a second Amendment, the right to bear arms. Well, that is guaranteed to us by our constitution, and it says in the Constitution, why that's guaranteed to prevent tyranny, right, and things like that, to keep it well armed militia. Right. It tells us that.

But what the government has done is they tried to change the definition of that and they try to say that, well, the purpose of that was for self defense. You see, that's an argument they could win. But you don't need self defense. If nobody has a gun, then you don't need to have a gun, and why do you need to have a gun because the police have guns and they can protect you. See, they can win that argument.

But the argument that it's meant for, which is we need to have well armed, militious and prevent against tyranny. How can the government protect against that? Specifically when they'rery to take your guns away? That proves the use case, proves the point. Right, That's one example. But back to this inflation. It's the same thing you see. Per the Austrian school of economics, inflation is not prices going up. It's not defined as rising prices. Rising prices is the

long run result of inflation. So what is inflation. Inflation is when the money supply increases, when when the quantity of money and bank credit increases. So think of like a balloon. If I inflate a balloon, I increase the volume of the air inside the balloon. If I inflate the money, I'm increasing the volume or the quantity of the money. You see. So what they're trying to do is they change the definition to say it's prices, it's

prices going up. But that's the wrong thing. Like I said, the prices of things going up is the long run result of the monetary inflation that happens, right, So that's all part of the gas lighting. And the reason why is because when inflation is seen as a general rise in prices, then anything that contributes to prices increasing is now called inflationary. So what do I mean by that?

So you hear them talking about all the reasons, all these inflationary pressures, all these millions or billions of reasons why prices go up. Oh, it's the war in Ukraine and microchips got crimped and we can't get cars out fast enough because I have a microchip, and the supply chains broke down. And there's a million reasons why a price could go up on a good. And so when you look at it as inflation is prices going up, Well, there's a million reasons why the prices are going up.

And what that does is it takes the pressure off the central bank and the fractional reserve banking system that are the actual sources of inflation. So instead of it's misdirection. Instead of going, oh, well, you increase the money supply,

of course the price good goes up. Instead of that, they misdirect us and go, oh, well, it's supply chains, and it's Russia, and it's the Saudi Arabia with the oil, and it's any of the other millions of reasons, like what Biden does going on national TV and saying it's the greedy food company's fault, not that his administration printed trillions of dollars. And of course the Trump administration did trillions of dollars, and every administration before him did a

lot of money as well. Every president left or right continues to print more money. This is not a bipartisan issue. This is both parties do this, the uniparty, if you will. But again by changing the definition they can win that.

The other thing is that to measure, I don't know, billions of prices through a global economy through one simple number is just ludicrous in the beginning, in the beginning to even start with, so to say we have three percent inflation, three percent inflation of what you see, there's billions of prices, and there's always prices going down, and there's always prices going up at all times, and so inflation affects each of us differently. It affects us differently

if we're in different countries, it affects us differently. Depending on what currency we're using, and it affects us based off of what we're buying. So, for example, if you live in a country like Argentina Lebanon using those local currencies, you're seeing massive inflation, or I should say, your currency

is losing value very quickly. If I'm in America, and let's say that I live at my parents' house in their basement and I just watch, I stream movies, and I eat you know, pizza, well, my cost has actually gone down because movies are way cheaper than they were twenty years ago. And I used to have to buy DVDs, right, I imagine if I had to go buy a million DVDs and today I can just stream it for whatever ten bucks a month, the price has come down. I don't

pay rent, so I haven't worried about that. And pizza, the price of pizza has come down, right, So like that hasn't hasn't affected me. But let's say that I'm a father of a couple of kids, which I am, and I live in expensive state like California, which I do, and you know, we need to drive a car so my wife can drive the kids and their friends around, and we want to send them to a good school.

We want to play some sports afterwards, and we want to have you know, college and weddings and all those things. Then inflation is hitting us way harder because home prices went up by fifty percent. Steak which we eat and went up by fifty percent, gas which our big SUVs use, went up by fifty percent, and so it affects us much differently. So to measure the entire economy down into one number is ludicrous in the beginning, and ultimately, like I said, it diverts and misdirects from what the real

problem is. So okay, what do we do about it? So obviously we need to increase our purchasing power. That's the goal, what we want. And I just asked the simple question all the time, what would you rather? Would you rather your money buy you more goodsness service in

the future or less? And obviously everybody wants more. I say this typically in response to the some people think that we have to have inflation the money supply always has to expand otherwise, how will we have enough money for everybody, because as the population expands, we need to

have enough money for everybody. But that's false, right If you think about we don't want money, we want the goodness services money buys us, and so you have either inflation in the money or you have inflation in the price of goods and services. If we had a fix money supply, the price of those goods and services would be less in the future and not more. So what we need to do is store our wealth into assets

that are going up faster than inflation. The S and P five hundred and the average meeting home has been a perfect proxy for inflation, meaning it goes up just with inflation. It keeps your head above water. Gold has also been that way as well. There are assets that can be inflation. Bitcoin has been the best performing asset to do that. Bitcoin right now is crushing inflation, and if you look at it over a one year, three year,

five year, ten year period, it's consistently done that. Sure, you can cherry pick a couple six months here and there that it hasn't, but it has also other scarce assets fine art, collectibles, old cars, old paintings, things like that, trophy real estate, so this would be around like lakefront, beachfront properties, things like that. But that is the key

you have to protect yourself from inflation. You have to understand the real problem, and you have to understand why the government continues to want inflation to come if you're going to survive it. So hopefully that makes sense. If you're just tuning you into the Mark Mass Show talking about the shrink flation and the gaslighting from the government, that's what I got. Thanks so much for listening. Until next time.