The Mark Moss Show Jan 17, 2022

not driving, if you are, you can pull over. Why don't just grab your phone real quick, put a reminder on your calendar to join me each and every week at this time at this channel as I talk about bitcoin and what is happening in this decentralized revolution where this will be the most important, the most profitable part

of your week. We're literally witnessing technological revolution. A technological revolution is different than just a new technology in a sense that it doesn't just improve things, It literally changes the course of humanity. Now, when these happened, it represents massive opportunities or what we call wealth transfers. Wealth transfers where it takes money from the old class of people and moves it to the new class of people. And

this is our opportunity. Is a large wealth transfer we will ever see in our lifetime, or multiple lifetimes for that matter, And that is why it is so important for you to understand bitcoin. Now, I understand bitcoin is not easy. It's not easy, which is why you should again in tune into meat and every week. I mean, really, you have to understand six or eight different UM disciplines in order to really grasp it. I mean, I've been studying now for about seven years and I'm still trying

to figure it out. And you have to understand things from economics and monetary history and philosophy and game theory, UM technology, all these different things. And so that's why it's important to kind of tune in each and every week and keep learning, keep growing your knowledge base. And so each and every week, I'm gonna hit you with a bunch of different topics to really build that out. And UM, I try to bring to you, you know,

some teachings, some education and foundation. I want to bring to you the latest and break latest breaking news each and every week. UM, so you're up to date on what is happening in the force. I try to bring some of my friends, some of the brightest people in the space to really give you that perspective. So thanks for tuning in to the Markma Show where we're talking about bitcoin of course, and um, you know, for this week. I wanted to talk about something I was just this

last weekend. I was in Houston, Texas, and I was speaking at a conference with UH. I got to share the stage with one of my we'll call them heroes, UM and that's a former Congressman, Dr Ron Paul. And Dr Ron Paul he created a movement and the movement was based off a book that he wrote in the year two thousand nine. And the book was titled In the Fed. In the Fed UH, and that's short for a Federal Reserve if you're wondering. It's a central bank

of the United States. The Federal Reserve Bank of the United States is what creates all the money. They create the money supply. UM, they managed the interest rates, and through those things they manipulate, they manipulate the markets and so uh. You know, he he wrote this book in two thousand nine, and he was one of the first people that I know that really brought the attention of the world onto the Federal Reserve, to the central Bank

of the United States. Now, the Federal Reserve was created in secrecy, UM, way way way way way back, and about a hundred years ago in the year and really really from like nineteen or seven to nineteen thirteen is really when it was kind of put into um a fact. Now, if you really want to know, which I would advise you to do. Uh, there was an amazing book written called The Creature from Jeko Island, and they really explain all this and basically the story about the bankers took

over the world. Um, if that's what you really want to know, and and uh, it's important to understand these things because, like I said, to understand bitcoin, um, you have to understand a lot of different things, one of those things being monetary history. If you don't understand what money is, or where money came from, or how money developed, it's gonna be really hard for you to understand what bitcoin is. Of course, you still have to understand technology

and all these other things. So it's it's a deep subject. But one of the things that I've really tried to focus on for the last however long I've been making content, which is a number rever views at this point. But one of the things that I try to focus on, and you'll notice when you tune into meat and every week, is that I try to focus on why why do we need bitcoin? A lot of people will tell you

that bitcoin has no value. Um, there's no need for it, there's no use case for it, things like that, And so I try to focus on why why do we need bitcoin? Why is bitcoin important? Why will bitcoin change things? Etcetera, and so UM again, to really understand the impact of this, you have to understand what it's here to fix. Now, we say fix the money, fix the world. That's a big statement. I can talk to you every single week for for a long time covering, um, all those ways

that fixing the money can fix the world. But then I guess to understand why fixing the money will fix the world, just understand why money is broken, and understand why money is broken. We have to go back to

the Federal Reserve. UM. So anyway, like I said, Ron Paul speaking with him at the at the event this weekend, and um, he wrote that book in the FED and really brought a lot of attention to that, and UM, it's kind of created an entire generation of people like me that have become you know, empowered and want to really start pushing this message. And so UM shout out to Rompaul. Um he was He's a true living legend.

He's gotten old. I think he's eighty six years old now, Um, but I can tell you that he got up on stage and he went off for about forty five minutes without skipping a beat. He didn't have charts, he didn't have graphs, he didn't have notes. He's an empower point presentation. He had nothing, and he literally just ran through his talk for forty five minutes. Um, eighty six years old, Um. In contrast of President Biden, who I believe is seventy nine years old and uh barely knows where he's at

from time to time. Now, if you're just tune in and and listen to the Mark Moa show, we're talking about bitcoin. We're talking about the decentralized revolution that is happening, and we are talking about why why is bitcoin important? Why do we need bitcoin? Why in bitcoin fix things? Why does fixing the money fixed the world? And like I said, to understand that we have to understand the FED, the Federal Reserve, and so again, um, talking about Ron Paul

really started this movement. But um, I went on to say that the doctor, the doctor diagnosed the problem. So doctor Ron Paul, he diagnosed the problem and the problem that we have with the central bank with fooser with with somebody anybody having a money printer, is that it

leads to a number of bad things. So for example, some of the things that he warned us about, and our founding fathers warned us about, what I'll talk about a minute, um, was that the Federal Reserve or the central bank, the ability to print money unlimited amount of money arbitrarily, is that you get this these never ending wars.

And so really the first central bank really got started in the Bank of England, which we'll go back and do it a little bit um in the late and it was created so that they could go to war. They needed more money, so they create a central bank to print money. Um. And when we have this unlimited suspansion of money, what happens is through Parkinson's law. Parkinson's law says that anything will swell to the um allocation

allotted to it. So for example time management, if you have two weeks to get a paper done, it's gonna take it two weeks to get the paper done. If you have to get the paper done by tomorrow, you're gonna get the paper done by tomorrow. Um. If you have a tube of toothpaste, you might go through the tube of toothpaste in two weeks, but once you get down to the end, you could make that very last part last for two weeks um. And so also money is the same way. You might notice that as you

make more money in life, you just spend more money. Well, you're not alone in that. As a matter of fact, the government does the same thing. And so when they have this endless amount of money and they continue to print money at will, we get a massive expansion of the government. Just like you personally, if you make more money, buy a bigger house, you buy more cars, you buy more stuff, you expand. Well, the government also does the

same thing. The problem with that is that when you increase your ass it's you're increasing your private property, your life energy. When the government does it, they are opposed their exact opposite to yours and my freedom. And so basically you can look at it like a teeter totter, like a pendulum, and on one side you have the government, and on the other side you have your liberty or your freedom. And the bigger the government gets, the less liberty you have, and the more liberty you have, the

smaller the government must get. Makes sense, the bigger they get. The more regulations, the more people, the more laws, and the more laws and regulations you have, the less freedom you have. When I turned eighteen and I was able to vote for the first time, my dad told me one thing that I'll never forget. And I say all the time I tell my kids, um for when they're ready to vote. But UM, the one thing he told me is that whenever you go to vote, always remember

this one thing he said. He said, every law, no matter if you like it or not, whether it's good or uh, it means less freedom. And so that's what I mean. It's it's it's opposite of our freedom. So as the government's growth, it's done that. It's also UM lives against natural law. So natural law like sowing and reaping um, the government doesn't have to produce before it consumes UM and lots of other things. Um. You're listening

to the Mark Moa show. We're talking about bitcoin. We're talking about the Decentralized Revolution, and today we're talking about Dr Ron Paul, the in the FED movement and how that leads to why bitcoin. I'm gonna explain some warnings from our founding fathers. In a second. Don't go away we are back. All right, welcome back. You are listening to the Mark ma Show, and we are talking about,

of course bitcoin, Bitcoin. Each and every week we're trying to walk you through this decentralized revolution that is happening right now before your very eyes. That's a big subject. It's a deep subject, and it's um, it's it's rapidly changing, rapidly moving, and so to to really take advantage of it, in order to be positioned properly for this revolution that's happening, you need to understand it. And without the proper education, you just really can't take the appropriate actions. And so

that's what I'm here for. Each and every week, I got your back. I'm gonna bring to you the latest breaking news, of course, the education, and then uh some amazing,

some insightful, some entertaining guests as well. Today right now, specifically, I was talking about before the break, talking about on this last weekend, I was speaking at a conference in Houston, and I was getting to share the stage with doctor Ron Paul, former Congressman Dr Ron Paul, and he he started a movement called End the Fed back in two thousand nine, and I was saying, why why do we want to end the FED. Who is the FED? What

does the FED do? Etcetera. And and Uh, while you may not at first understand what this has to do with bitcoin, you have to understand that bitcoin is attempting to fix the money. It's attempting to fix a broken system. Well, if you in order to understand that, you have to understand what the system is and what's broken about it. And that's what we're talking about today. Like I said, Ron Paul started that movement, and I'm here just trying

to carry the torch for him. He's eighty six years old. Um, he's still still crazy sharp. I mean, like I said, he got up on stage and spoke four or five minutes about missing a beat. Um, but still we need to carry the torch. And and he's motivated me. He's motivated thousands of people like me, and hopefully I'm going to motivate thousands of people like me, and we're going

to continue to expand this. Uh. One of my quotes that I love to say is, Um, Samuel Samuel Adams, not the beer, the one of the founding father, Sammy Adams. You said that all it takes is for a small tireless minority, so a small group of people, UM to continue to light small brush fires in the minds of men. So as what I'm trying to do Ron Paul did to me, I'm trying to do to you. Let's keep this thing going. But back to what the doctor diagnosed

as the problem. Um, so the government. But the ability to print money allows the government to live against natural law. So instead of producing before they consume, they can just print a bunch of money and they can steal. They use that to steal, getting more in that a minute. And through all this endless money printing, UM, what they're really doing is depreciating the value of all the other currency.

So all the money in your bank account and all the money you're gonna make next week and next year, they're stealing the purchasing power or the or the value right out of that. Now to understand this, UM, I always like to go back to the beginning. We'll go back to the future. If you watch my YouTube videos, UM, you'll know that I always try to pull this historical narrative in. And if you don't watch my YouTube videos then you should. You can just google Mark Moss you

will find those. But if we go back to the beginning. We go back all the way to the founding of the United States, and then we'll go back even further in a second. But we were warned by our founding fathers many many times about the dangers of having a central bank, the dangers of what the banks would do, um, and and even more importantly, how it was going to affect us. And so I'll read you a quote here that I love that I used at this talk, and

it's from Thomas Jefferson. Thomas Jefferson and a lot of great things to say, or I should say, bad things to say about at the bank. Um. He wasn't a big fan of the banks. And he said, quote, if the American people ever allow private banks to control the issue of their currency, if they ever allow banks to control the issue of their currency first by inflation and then by deflation, So how do they control it? Well, what do they control? They control the currency? Who controls it?

The banks? So who controls the banks? What do they control the currency? How do they control it? By inflation and then deflation? Now, unless you're living under a rock right now, all you're hearing about on the news is inflation. As a matter of fact, I believe it was yesterday day before. Anyway, this week the new cp I, that's the consumer Price Index. That's how the government measures inflation, which is wrong. I'm gonna get to in a second, but that's how they use They give us this this

single number, which is stupid. But anyway, to the point, Um, they projected or they forecast or I said, sorry, not forecasted. They told us that. Then the official number came in at seven seven percent inflation. So that's the record. I believe it's a four decade old record. Um, we haven't seen prices get that high. Now. To tell you what that means in reality, that means that the price that the prices they track, which are wrong, but the prices

they track went up by seven percent. Um, what that really means is that you're purchasing power went down by seven percent. So that means your your hundred dollars now only buys dollars worth of goods and services. To put that into perspective for you, if we ran that out over three years, you've lost twenty one percent of your purchasing power. So now your thousand dollars only buys you or you're you know whatever. Hundred dollars only buys you um and not a calculator, but you get less um.

So anyway, the American people allow private banks to control the issue of their currency, first by inflation and then deflation. That's the key piece, a right inflation deflation, it says. Then the banks in corporations that will grow up around these banks. So the other banks and the corporations that are around these banks, here's the keypiece, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered end quote. So as

that's Thomas Jefferson. He warned us the banks would control the currency by inflation deflation, and they would deprive us of all property on the continent our father's conquered. So let me tell you how the Federal Reserve uses inflation and deflation in order to do that, exactly what Thomas Jefferson warned us of doing. Um. And so, like I said, you hear about this inflation deflation, but you probably don't

understand it. And so let me explain that to you. Now, like I said, if we go back to the beginning, Um, the first central bank really that was created was the Bank of England and that was in sixteen forty nine. And again at the at the time, the Bank of England was at war there at war with France, and they it didn't have enough money. Imagine that. So typically

wars would end. Wars would end when people ran out of money and a nation would actually really think about going to war first because they didn't know if they had the money, and so they have to go Do I have enough money to go to war? And is it worth me spending all my money to go to war? Of course the answer is usually no, which is why we didn't have a lot of war. And if it was going to go to war, it was only a very serious thing. And then, like I said, wars would

typically end pretty quickly. But basically the banking thing, they want to go to war with France. They didn't have enough money. So the bankers at the time, the countries would always borrow money from the bankers, and they had borrow money from these rich people, and they went to these bankers and said, hey, we need to borrow money. We want to go to war. And the bankers came up with a plan and they said, hey, check it out.

We have an idea. Um here's what we'll do. We're going to loan you as much money as you want to go to war. But of course there's a butt. But what we need is we're going to establish a bank, and in that bank, we're going to create our own currency. And if you make that legal for us to do that, and you tell all the people of England that our currency is the new currency to be used, if you do that, then we're going to go ahead and give you as much of that new currency as you want

so you can go fight these wars. Pretty crazy, right, I mean, shoot, who wouldn't want to do that? So, um, if you tell everybody you've got to use my fake money that I print out of thin air, then I'll give you as much of it as you want. And that's the deal that was made. Um. Then they try to get their tentacles into the United States. We had the first and second Bank of the U s from s thirty six. We went to this period of free banking from eighteen thirty seven to eighteen sixty three, which

was kind of free markets. We saw the central bank come back in eighteen sixty three to nineteen o seven, and that's where things got off. The rails. That's where things that's where the money really broke. Now you listen to the markmas Show, we're talking about bitcoin, we're talking about the decentralized revolution. We're specifically talking about bitcoin fixing the money. But why the money broken? It's because of the FED, the central bank. Ron Paul started the movement

and the Fed. And I am letting you know why the Fed has broken the money. I'll be right back. Don't go away. I'm gonna explain to inflation and deflation next we're back. All right, welcome back. You are listening to the Mark Moa Show, and we're talking about bitcoin. Each and every week we're talking about bick when we're talking about the decentralized revolution. And today, at this moment, right now, I'm explaining to you why why bitcoin? Why

does it matter? Why do we need to fix the money? Well, what's wrong with the money in the first place? Who broke the money? And it all boils down to the FED and so or the central banks, so we'll call

it them. And so anyway, um I was explaining that I was speaking at a conference with Ron Paul, and um I read to you a quote from Thomas Jefferson one of the founding fathers, and he said that if the American people ever allow private banks to control the issue of their currency first by inflation and then deflation, um, then they'll the pride people of all property. So how do they use inflation and deflation? Well, the first thing

is that understanding inflation is very difficult subject. And so what happens is, um, the Fed puts out this number, the c p I Consumer Price Index, or we can call it cp LIE because they're basically lying about the numbers. But the problem is that they're trying to boil down inflation into a single number, and you can't do that. UM. So if I was trying to measure the wind drag across the jet plane, I can't do that with arithmetic.

Nor can I boil that down to one number. No, it requires algebra, cures, physics, all these different things to do that. And to measure the inflation in the economy is also equally or probably way more difficult. There's trillions of inputs, there's billions of people that make into this, make up this, and it affects us all differently. So if I drove to Alaska and look at the northern lights and I drove back and he said, hey, Mark, Mark, how how was the Northern lights? And I said, oh,

it was really cool. That would do nothing to explain to you what I saw. And so trying to explain inflation the single number is not going to work. Um, if I'm trying to buy a house in Austin, Texas, it's way different than trying to buy a house in Kansas City. So the inflation is different for me. If I'm not trying to buy a house at all, that inflation is even different from me if I live in If I live in my parents basement and watch Netflix all day, inflation doesn't really bother me, and so it

affects itself differently. The easy way to look at this is the is what is it that actually inflates? It's the money supply. So inflation, like a balloon, means I'm increasing the volume of the air in the balloon, right, I'm inflating. I'm increasing the volume of the air, And so inflation means the money supply is increasing the So inflation is the increase in the money supply. Prices. Prices go up, but they don't increase in volume, right as the price is just a signal. So that so inflation

doesn't actually work. That's not what it's meant to measure prices. Inflation is the money supply. So when the price of money goes up, then prices start to change. Now it afects them all differently. Some prices go out more than others based off scarcity, demand and things like that. And then it starts getting really crazy because um, let's say the prices of things go up, and then that could

affect um the supply demand metrics. So now a sudden supply chain start breaking down, and the supply chain start breaking down because people can't get paid enough, they can't afford the gas that they can't afford to build new factories to get more products shipped out, et cetera. And that increases the prices even more. There's a there's a trillion reasons why prices could go up. The thing you just have to know real simply is when the money

supply increases. Remember what was Thomas Jefferson's warning to us. He said that they would steal from us first by inflation than deflation. Okay, so basically they increase the money supply. When they increase the money supply, it signals to us that things are good. It signals to us that there's more consumption going on. I should increase my business, I should expand things like that. Um, there's one other aspect

to it, and that is the inflation rate. So the Federal Reserve, the Central Bank, not only do they increase the money supply, they also adjust the interest rate. Now this is a key piece because the interest rate is what tells me as an entrepreneur, what the rate is to buy money. What does that mean? How do you buy money? Well, if I want to buy a house, I don't want to put up all the money, so someone will loan me the money. I'm gonna pay that

money back in the future. The cost for me to take the money today and pay it back later is the interest rate, and that should be set by supply and demand. So if there's more people trying to loan money, then there are people trying to borrow, then the rates should go down. If there's more people trying to borrow, then there are people lending, the rate would go up. And this is an important piece because that's what I

used to base my decisions on. Price is truth, Okay, price is truth that takes all this information, aggregates it and puts it together. The problem is that when the Fed artificially lowers the rates and artificially changes the money supply, it distorts the signal. And so now, as an entrepreneur, I am using faulty information. So I think that the

interest rate is good. That means that people are saving more, there's more capital to be deployed, and so that means there's probably more people that have capital to buy my products. So it's a good idea for me to go into this business right now. But that could be completely false. I used bad information. I used the price, and I use the interest rates. But it's being distorted by the FED. That makes sense. It's not being done from a free market.

And to add onto this, remember back to Thomas Jefferson's quote. He said that they would do it first through inflation and then deflation. All right, so think about this. Over the last two years, there's been nine trillion dollars in stimulus injections. So the FED, the Central banking States, UM and the and the government has pumped in nine trillion dollars. It's about two centuries, two hundred years of money creation

has happened in the last like two years. So they injected, they pumped it up, they increased the money supply, which is of course made people go buy homes, and homes are up and um used cars were upteent and stakes and gases up, um supply chains are breaking down. Business is booming, right, all this money is slashed around the system because of course they just injected nine trillion dollars, so boom. Everybody's booming, and everybody's growing, everyone's buying new cars,

everyone's adding new businesses and all these things. The economy soaring. Oh oh oh shoot, now now now it's going too good, too much inflation. So then what do they do. They come in deflate, They come and suck the money out. So now we just saw in the last week the Fed is now said that they're going to take instead of injecting money, they're gonna completely cut that off and

they're going to increase in straits. So first they dump a bunch of money in and lower the rates, so it creates all this activity artificially fake, and then they just go suck it all out and crash everybody. Now you know it's not good for you or me if we've acted on that information. So business was booming. I couldn't keep up with it. So I went and bought some new trucks for my for my office. I took

over the office next door. I hired contractors, and I built that out to expand my restaurant or my shop or whatever it may be. You know, I took on new loans because I wanted to get this new equipment or new shop or new um whatever in order to expand because the economy is booming right. Well, no, it's fake. It was only booming because they artificially put the money in. And the problem is, I don't know when they're going to artificially pull the money back out, and so they

just decided to do that. And now all of those me, you, etcetera. Everyone who's acted on those principles, and we've decided to expand or grow our business on fake information. Now we get crashed, and it's no fault of yours. I feel bad for for me, I feel bad for you. I feel bad for everybody. We're doing the best we can. You see that things are going, and if you don't build that business, if you don't invest, you get left behind because they're printing so much money. Is creating all

this inflation. You have to do something, so you do the best that you can. You risk your life savings, you risk your family savings, You work crazy hours, all this time and effort and risk that you put into it just for them to artificially suck the money right back out. And of course you're not privy to know when that is. That neither am I. And that's why Thomas Jefferson warned that they would steal from us first

by inflation and then deflation. Um, what the news tells you is that this is like a this this phenomenon, and they're trying to fight it, right, They're trying to fight inflation, They're trying to fight deflation. I want to prevent it from happening. No, no, no, no, no no no. They create it. Remember, Inflation is the increase of the money supply. Deflation is deflating the money supply. So whenever you hear them saying they're trying to fight it, they're

trying to protect you from it. No, that's not how it works. They are causing it all right. Now. What a lot of people don't take into consideration is what are the societal impacts of this happening. So remember, we're fixing the money. We're gonna fix the world. But what's broken, Well, society has falling apart, and a lot of people think it might just be because people are crazy these days. But what you might not realize, it's actually all because

of the money. I'm gonna break down. I got nine different metrics I'm gonna give to you as soon as you get back. I'm gonna show you exactly how the money supplies breaking down society. You listen to the Mark Moa show about bitcoin, don't go away? All right, welcome back. You're listening to the markma Show. We're talking about bitcoin, We're talking about the decentralized revolution, and today, right now I'm focusing on why why bitcoin? Bitcoin? You know, we

talked about bitcoin is better money. If you fix the money, we've fixed the world. What's wrong with the world, and more importantly, what's wrong with the money? And uh, would you believe me if I told you that it was the money that broke the world. Well, that's exactly what I'm telling you. And so I'm not gonna go back and recap everything that I've said before. But Thomas Jefferson warned us one of the founding fathers of the United States warned us at the banks would use inflation and

deflation to steal from us. And so I just talked about how they inflate, inflate the money supply by injecting, you know, nine shillion dollars of the last twenty months, and then they deflated and then they suck the money back out. And what happens is, uh, let me just look at the housing boom busts of two thousand eight. So they inject all this money into the into the mortgage industry, and it causes people to go buy a

bunch of homes. And what happens is humans are very basic, and you rush towards pleasure and you run from pain. And so as home prices are going higher, higher, higher higher, or stocks are going higher higher, everybody starts coming in. And the more people to come in, the more it goes up. More people sucked in. Eventually everybody gets sucked in at the top, and then prices crash, so everyone bought at the top, prices crash, and then the people

sell at the bottom take masses lost. Millions of people in the United States lost their homes. Millions of people went homeless and had to go rent. Well, the government decided to print a bunch of money and give it to the bankers, and the bankers took that money and went and bought all the homes the bargain basement prices, and instead of millions of people owning homes, now millions of people rented homes. And then the government pumped the

markets right back up. So now the banks owned all the homes and they were back above where they were previous to the crash of two thou eight. So it's through the inflation and the deflation that they transfer these assets. Back to Thomas Jefferson's quote, that's exactly what happened. They use inflation and inflation to rob the people of the land their or fathers had fought for, all right, and they do that by injecting money that then pull the money out. Now, I was saying that on top of that,

it has societal impact, all right. So for example, I mean, I have a series of charts here are pretty hard to see because we're on the radio, um, but we can see that really where things came off the rails. I said that the Federals are the central Bank started in but they were kind of kept in check. I'm not gonna go deep into this I talked about other times, but they were kind of kept in check because we were on a gold back system, and so they couldn't

just arbitrarily increase the money supply. They had to keep it within a within a within a correlation to the gold supply. But in nineteen seventy one, President Richard Nixon severed the gold ties, and basically all bets are off at that point, print as much money as you want. And so what we've seen is since nineteen seventy one, we've seen this massive, massive, massive shift in the way

the society works. And so one of the things, for example, is since nineteen seventy one, UM economic before economic growth, UM was growing up along with the wages. But since nineteen seventy one, things continue to get more expensive, but wages have stayed flat. So since nineteen seventy one, adjusted for inflation, the average person isn't making any more money adjustive for inflation, but things continue to get more expensive. So what happens when it gets harder to live? Right?

I used to be able to have the American dream with one household, one person, the household working. Now two people have to work, and we still can't have the American dream. So that starts setting off a whole domino effective other things. So, since nineteen seventy one used to have, as I said, one person working in the family. Now today two people have to work, and you still can't stay ahead. Another big thing is since n we went from having wealth is goods and services, so we need

to be producing. So in the United States we used to produce goods and services. Today we've outsourced all the producing production to other countries. And now the main job in the United States and the moment, the main outsourced UM product is speculation. And so today, unfortunately one of the best ways to get ahead is gambling. And when I say gambling, I mean options, trading on robin hood,

or trading cryptocurrencies or whatever it is. Speculation. The problem is that wealth is goods and certain us and so we should be creating goods and services. But today we have speculation that's just gone crazy. Um. Since one the the the amount of babies born to unwed mothers went off like a hockey stick straight parabolic um. The divorce rate went through the roof UM and the incarceration rate. I mean, if you see these charts as a matter

of fact, Um, you can go to a website. Um, it's called w t F happened WTF you know what I stands for, happened in nineteen seventy one dot com? WTF happened in one dot com? And you can see all these charts and basically it showed it's just a series of charts and graphs that show what happened from what happened before, and it's anyone what happened after, and you will be completely shocked with what you see. Um. Um, the obesity rate was stayed flat, and in nineteen seventy one,

the obesity rate just shot through the roof. Fiat money created Fiat food, the medical bills, the amount of money that we spent on medical bills shot up through the roof, and the life expectancy barely even changed. You break the money, you break the world. Now you gotta go to that website wtf happened in dot com to really grasp this. So, um, you should check that out. But the problem is, as I said, you have broken money, you have a broken world, and a lot of people think that money is neutral.

Money is neutral. It's a tool, right, right, come on, Mark, come on right, money is neutral. I could use it for good, I could, I could use it for bad? Right, No, not all money is equal. The fiat money system that the Federals makes is a system built on theft, on lies and deceit, So theft. As they create more money, it steals the value from you. It's theft, it's lies in the sit. They don't tell us how many dollars they printed. They don't tell us how many dollars they

have tomorrow. And so anything built on a system of theft, lies in the seat is going to be inherently evil, inherently evil. Only sound money could be neutral, not a system that's controlled by these people that used to steal lie and the all right, and so that's what bitcoin can fix. Bitcoin is the opposite. So if if the fiat money system is built on theft, as they print more, they steal, it's lies in the seat, Bickoin is the opposite. Um, it's truth. Nobody can print more. They can't use the

bitcoin to steal from you. No one can steal your bitcoin either by taking it from you, nor can they create more of it, which steals the value from you um instead of lies and deceit in a system that we don't know how many dollars are created or how many they're gonna make next year. Remember we talked about

inflation and deflation. How these bankers decide to inflate and punch of put a bunch of money in, and we make a bunch of decisions and then they suck the money out and then we are just victims and we can all crashed. Well, no one can do that with bitcoin. No one can create more of it. No one can inflate it artificially, and no one can deflate it artificially. It's exactly the opposite, and it had it's open it's

open source that we can see all this. We can see that how many big win are there, who hasn't how many has been moved around. We can also see that it's it's a decentralized so nobody can control it. So it's not a matter of taking the power from the fed, from the central banks and given it to another group of people who are better. It's not about taking it from this bad actor and given it to this person because we think they're going to be better. It's about taking it from the hands of anybody, So

nobody has the power to create more of it. Nobody has the power to to change the rules. That's the big difference, the big difference of the Federal Reservants, the big difference of other cryptocurrencies that have decentralized governance. We don't want governance, we don't want to rules changed. Hopefully, hopefully that makes sense, UM, what I say about Ron Paul's Like I said, he started a movement, He highlighted why we want to end the FED, and I am

trying to carry the torch for him. Hopefully that makes sense to you. UM, we have bitcoin now. When Ron Paul came out at nine in UM in two thousand nine, UM, ironically it's the exact same time that bitcoin was was released. UM. But he wrote this time at a book, this book at a time when we didn't actually have a tool to actually achieve the things that he said. But today we do. We don't have an excuse anymore. We have the tool that we need, UM to fix the money

and fix the world. Go back and fix all those problems in society that the money is causing. UM. For reference, go check out that website. WTF happened in nineteen seventy one dot com. You're listening to the Markmas Show, and um, we're talking about bitcoin in a long, roundabout way today, so thanks for sticking with me. Um. It's important to understand these things because if you don't understand the problem, you're never gonna understand the solution or why we need it,

or why it matters or why it's relevant. Otherwise, you're gonna be out there trying to solve problems. I don't need to be solved, but this is the big problem. It's the money. Um, you listen to the markma Show talking about bitcoin, talking about the decentralized revolution. I'm on this channel each and every week at the same time. Don't miss it. Thanks so much for listening.