The Mark Moss Show Oct 19, 2022

to uh unbanking or independent personal banking. Of course, we look at it through the lens of politics, finance, and technology, and there are so much going on with all of that, so we try to keep up with the flow of information so we can see this. I know a lot of times I get thousands of messages a week across all my social media platforms, which, by the way, if

you're not following me on social media, please do. You can find me at one Mark Moss on most platforms, or just go to my website at one Mark Moss dot I'm sorry, just one Mark Moss dot com and I have all of it listed there. But I get thousands of comments a week across my social media. Try to get to most of them if I can, um not all the ones on YouTube. There's are so many there, but I try my best to get to as many

as I can. And the one thing that I see all the time is like, Mark, when is this going to happen? When will the dollar lose its status? When will the dollar collapse? When will the new system take over? Right? And it's not when. It's not a process, it's an event. Let me say that again. I said it backwards. Sorry, it's it's not at an event, it's a process. What do I mean by that? So it's a process, it's that it goes for over a long period of time. I think it was Mark Twain. Forgive me if I'm

wrong on this attribution of the quote. But they said, how did you go broke? And they said, now, I went broke gradually and then suddenly. And so there's like this gradually then suddenly kind of a thing. Um. And so if you look at the United States dollar took over, the took over the reserve status of the world, world's reserve status from the pounds sterling a hundred years ago. But it didn't happen all at months. It was a process,

not an event. It took It happened over about a forty year period where um the UK just continued to destroy their currency by continuing to print more and more money, by devaluing it, and to the point where it was devalued so much they had to give up all their gold. The United States got all the gold and thereby was the strongest economy and the strongest currency in the world because it was backed by gold, and thereby took over as the world's reserve currency. This was a long process,

a forty year process. Now the pounds to earliest still there today, it's still being used. So again it's a process, not event, a forty year process before the US dollar was kind of recognized as taking over, but it's still there today. So when did these things happen? They are happening right now, and that's exactly what we're looking at now. Um, we look at it the de lens of politics, finance, and technology. Those are the three cycles that are converging

right now. Of course, the technology piece is bitcoin, which is this decentralized technology that we need in order to really usher in this change that's happening, and it is here, and it's happening and it's happening fast. Now. Um. You know one thing that we look at when it comes to bitcoin, is everybody likes to point to the fact that, um, you know, the price of bitcoin is down, how good

is this asset? If the price is down, it's not a good medium of exchange, is too volatile, it's not a good store of value because look how far it's off of their high. Well, those things are true. Um, I can't debate that. Now we can look at the nuance of those things. So, for example, bitcoin is holding up pretty dangn good considering where other risk assets are, so we can we can we can make that argument.

We could say that, um, it's been certainly a good store value if you just zoom out and look over like a two year period instead of a six month period. So we can pick and choose our periods if we want to do that. But ultimately, what I would say is that when you're looking at new technologies, especially a technological revolution such as bitcoin, you don't want to look at the price. I say this all the time we've been listening. Thank you for your support, but I've said

this to you over and over and over. Right, we don't look at the price. Imagine when Uber raised money to start building out in Silicon Valley, they you know, they didn't go public for over a decade, so we didn't see the price of Uber changing every day based off of this new city picked them up, this city banned am etcetera. And so when we're looking at something like bitcoin of technological revolution, the price doesn't really give us the true data. So what we want to look

at is two things. We want to look at the growth of the network. So when Uber's case, are we getting more drivers, are we getting more riders, are we getting more cities? That's the growth of the network. And we also want to look at the development happening on the network. Are they added in new services, Uber eats, things like that. And so with Bitcoin we can see the same thing. And one of the big talient signs

is the growth growth of the network. And we saw this week that the difficulty gauge of bitcoin rose by thirteen and a half percent from the last adjustment roughly two weeks ago. What does that mean, Well, that means that the bitcoin mining difficulty has surged to an all

time high. What does that mean? There's more people mining bitcoin, the network has grown to a level of all time highs, there's more people actively working in the network, and providing security to the network than there ever has been before. So while the price the US dollar value might be down, first of all, if we price bitcoin in Turkish lear, for example, the price of bitcoin is actually way up. So we have to look at what you're measuring it in.

If you're measured in US dollars, the prices down. But that's the thing we shouldn't really be paying attention to. If we're trying to zoom out and see what's what going on, we want to look at the growth of the network, and we can see that it has grown massive.

As a matter of fact, the current network hash rate, this is the amount of power that all the computers are using to secure the network is UM is two hundred and fifty seven million terror hashes per second and last this time last year it was around a hundred and forties. Went from one forty to two fifty seven in twelve months. That is a massive rise in power, participation and security on the bitcoin network. Now, UM this

difficulty adjustment, what does that mean? So what it means is that right now, UM there's way more people mining bitcoin, bringing new bitcoin in the space. And so what happens is it adjust the difficulty so what do I mean by that? So if the price of gold shot up, you know it's whatever sixteen hundred bucks anounce today, let's say it went up to ten thousand announced, a lot

more people would go to Mind gold. There would be gold mines popping up all over the world, new equipment, bringing as much gold as they could out of the ground, and that would increase the new supply of gold really fast. That would create inflation. But with bitcoin, it's different. If bitcoin jumps from its price today of a roughly twenty and say it went to a hundred thousand like that, more people could jump in mind, but there would be

no new bitcoin, no additional bitcoin coming out. It would just it's just how much big going to split between the people that are there. So that's the difficulty adjustment. So about every two weeks it adjust that number, the ratio, the percentage of what people get. And so what happens is now people are making less and less money because

there's so many people doing it right, it's grown. So what happens is the people that aren't profitable to say they're paying you know, ten cents for their power, they have to turn their machines off and when they turn their machines off, that's more bitcoin for the rest of the miners. And then let's say the price keeps dropping, well, the next batch of unprofitable miners have to drop off, and the people that are left get more of it,

and so forth. And also that it works in opposite and so as more people jump in, they get less of it. It works the same way, which is why this week we saw Senator Senator H. Warren Elizabeth Warren leads a congressional groups probe into bitcoin mining mining energy in Texas. Imagine a group of of Democratic lawmakers from Washington, d C. Senator Senator Senator Elizabeth Warren is from Massachusetts. Imagine them going to Texas trying to tell Texas how

to handle their power. Texas is not on the global grid. They have their own internal grid. So the fact that they're going to go there and try and demand the Texas answers to them is pretty funny. But really the whole thing behind it is is uh. It just shows that a lack of knowledge of what they're even talking about. Um they say that they express concerns that bitcoin's mining enormous demand for energy is straining the state's grid adversely

impacting consumers and climate goal. So bitcoin has to have the cheapest power available. So bitcoin can't compete for customers. It can't participate in California, where it has to compete. It has to go where there's cheap power. Why is their cheap power in some places because there's surplus, there's energy being created that's not being used, and that's one of the reasons why Texas has picked up so much energy.

And so again we can see that this is growing in a rapid We can see that the network has growing, we can see the development is growing on the network. And so instead of being focused on the US dollar valuation price, we want to stay focused on those two things, the growth of network and the development on the network.

You're listening to the Mark Ma Show. We're talking about the decentralized revolution, the way the world is changing from world of centralization to decentralization through the lens of politics, finance, and technology. I got a big show. I got a lot of signposts that we're looking at to show us what's happening. I'm gonna try and get through them all. I'll be back in a minute. Don't go away, all right, Welcome back. You are listening to the Mark ma Show.

We're talking about the decentralized revolution, the way the world is swinging from centralization to decentralization, and we're just looking through the signpost that we see. Um. You know, if you've been with me for the entire show, I was talking about inflation. This week, the new inflation numbers came out.

I want to look at it from a little bit of a different angle because what we're looking at is the breakdown of both Paul of of of three things, politics, finance, and then of course technology is the catalyst that change that. And the financial system is breaking down, the political system is breaking down. We're gonna look at both of those things some big signposts that happened. But um I was talking about earlier. I'm not going to dig super deep

into it. Go back and catch out the podcast The Markmas Show, just on your favorite podcast player or Market Disruptors on YouTube if you want to watch me and listen to me at the same time. But we talked about how the new CPI Consumer Price UM index. The

prices went back up again. As a matter of fact, it went up UM much higher than expected, search to more than eight point two percent, and you know, the core CPI strips out the food and energy, which is crazy because those are the two things that we need the most. But even with stripping those things out, we still went up at the highest rate since nineteen, surpassing the recent six point four percent highs that we hit

in February. In March, now, even worse than that is that economists had expected the rate increased to be much much less than it was. But what we're seeing now, the monthly figures show that it's acts accelerating, and of course the photo reserve is trying to decelerate. The photo reserve is trying to tackle it and trying to get it back down to two percent, but instead it's going

back up. It's a big problem now. The news sent the stock futures price plunging right the investors um revised their views of what the feds next moves will be. So everybody's waiting for this pivot. The pivot, the pivot when with the Feds stop raising rates, When with the peds the Fed start easing the monetary supply again, And so we're waiting for this move. And everybody thought that maybe, just maybe, if we started seeing the inflation numbers come down,

they would pivot sooner than later, maybe this year. I was thinking maybe this year, but it looks like, based off of this new data that came out, this is probably not going to be the case. But let's talk about it from a different angle than I've already talked about it from before. So what does what does this mean? What means lots of things, right, we could sit here and talk about all the different angles and all the

things that it means. But one of the things that it means is that because cp I has been revised up, um, what it means is that the cost of living goes up. We've talked about that. I'm not gonna take super deep into that, but the cost of you, um, having to buy gas for your car or food for your grocery

carts has gone up. Your cost of living has gone up. Now, part of the thing that the BLS does by providing this number, the CPI data number, is it shows the cost of living, which then the Social Security Administration uses to decide how much money do distribute out to Social Security recipients. And this is a big deal and it

might be a big problem. And so what we're talking about is that sociecurity payments are now set for a really really really big increase, and so it looks like tens of millions of Americans on SO security are about to get what maybe the biggest rays of their lifetime. All Right, it says the US government is said to announce how big a percentage increased SO security beneficiaries will see in monthly payments this upcoming year. It's certain to be the largest in four decades. So the largest raise

pay raise that these SoC security beneficiaries get. Now, there's plenty of controversy companies that move, it says UM, known as a cost of living adjustment or COLA c o L a cost of living adjustment. Now, critics say the data of the government uses to set the increase doesn't reflect what older Americans are actually spending and thus the inflation they're actually feeling. Yes, we've talked about extensively over and over and over how manipulated that number is. So yes,

it doesn't really doesn't really reflect what they're paying. So many of the tricks they do. So for example, they have something UM that basically adjusted by by swapping out items, so UM, you know, the cost of living index, the CPI used to include steak and now it just includes hamburger. You still get meat, and so thereby, since we went from steak to hamburger. Um, the price that didn't go up. As a matter of fact, it went down. Um. They

also do something based off of performance. So let's say that they changed gasoline and now gasoline is supposed to be cleaner or more fuel efficient. They'll say, well, because the performance went up in the gasoline, we're not going to include the cost of it going up. Because your computer got more powerful. Um, we're not going to count the cost increase of the computer, which is insane because we still have to put the money out. Our cost

of living still went up. There's lots of controversies. I spend an entire show talking about all of that, and I will if you want me to, So hit me up on social media at one Mark Moss and let me know if you think I should. Um. But we can see that, as they're saying, lots of controversy because it doesn't reflect what people are actually spending. And also because the increase is a one size fits all, which means beneficiaries get the same rays regardless of where they live.

So for example, if you live in southern California, that pay raise may not be near enough. Then it would be if you lived in South Dakota or something like that, or Kansas right or another country. Now. I've been doing a lot of work with international diversification as recently speaking at the Nomad Capitalist event down in Mexico City, and I can tell you that if you're if you're on Social Security and your budget is tight, you might want

to consider moving out of the country. You can move to Turkey, you can move to Columbia, you can move to Brazil, and you could have a ten x quality of your life for less money than you pay now. You can have a full time cook and a full time cleaner, and a full time show fore and a beautiful house for like two thousand dollars a month. So you're so Security would go much further. UM. So, anyway, payments are going to go up, which is a good Which is good if you're on SO Security. I mean,

everybody wants more money. Sure, UM, it looks like those payments will begin probably in about January. UM they'll be permanent. UM. Now, since the year two thousand, the typical increase has been about two two and a half percent. But now with the numbers of inflation, it looks like that's going to be four more five more, which is gonna be a pretty big deal. But what does this mean in bigger sense? All right, this is pretty interesting. So if you haven't

been paying attention, you probably should. Is something I kind of pay attention to because I'm you know, I've paid into SO security in my whole life. At some point maybe I'd want to pull out of it. But it looks like, um, so security is set to run out

by four four that's twelve years from now. So that means that there's probably not gonna be any SO security by the time I get to the age in time to start drawing from that, and so it's already set to this was this was actually in February of this year. Um they said it's gonna set to run out. Now they're going to have to pay out even more money, which means they're going to run out even sooner. That's

a big problem. So of course there's plenty of reasons why they would to manipulate the numbers to keep this security number down. The cost of living increases down, so they have to pay up more money. So they don't run out even faster than they were what they were planning on. That's gonna be a big problem. So if you're planning on so security um in the next you know, after twelve years from now, you should probably adjust what you're doing to come up with plan b um because

it's gonna be a big problem. And what's what's exaggerating the problem is also the ability to even earn any money with interest rates so low, um, the economy crashing um, and so forth. It's gonna be a big problem anyway. That's it was so security Um. You're listening to the Mark Ball Show, we're talking about the decentralized revolution. We were just talking about how this centrally planned system that we have created by the follower reserve and so security

and all that, it is coming to an end. It's coming to an end. Um that may be dooming gloom for some people. But I'd rather know than not know. Um. We're looking at typically through the lens of politics, finance, and technology. I have a lot more to go up in those three subjects. When I come back in a minute, I'm gona take a quick break, but I'll be back. You don't want to miss what's coming up next. So you're back, all right, welcome back. You are listening to

the Markma Show. We're talking about the decentralized revolution. The way the world is changing right now. Now it's clear if you're living in this world, you know it's changing. The world as we are going into is not the one we've left behind. And we know that when we look back through thousands of years of history, we can see these cycles change the world, ebbs and flows, and we're moving from a period of centralization, central plan or

central government, central banking into a world of decentralization. Of course, we look at through the lens of politics, finance, and technology, and we can see that this uh, the end of the financial era that we've known is coming to an end. To talk about it extensively, maybe the world went into

well five thousand years gold was money UM. Then the whole world went into this new um financial agreement nineteen into the Breton Woods Agreement UM, where we still had the gold being money, but now the dollar was pegged to gold and other currencies were pegged to the dollar, and so we still kind of had this UM commodity based money. In nineteen seventy one, though President Richard Nixon severed the ties um to the gold standards, so removed the dollars backing too gold, and so since then the

world has been in free fall. We've been about fifty one years into a financial experiment, and we went from Breton Woods one started nineteen potentially we could say nineteen seventy one. Let us to Breton Woods too. Unofficially, we went into this basically fiat monetary system that we have today. And now it is changing again and we can see

that it's coming to an end. We're only fifty one years into this financial experiment and anomaly and anomaly throughout history where thousands of dollars of years, pretty much all recorded history, um, gold has been money. And now we're in this kind of fake fiat monetary system, and we can see how fast this is unraveling, and so it's easy to see that it doesn't have much more legs. Now.

The Central Banks to Photo Reserve has been pretty good about pulling some rabbits out of that, had pretty good at pulling some magic tricks. However, um, you know, kicking the can down the road, so to speak. We don't know how many more they have potentially they have more, but we can see that it is getting dire. I want to look at a couple of things that I'm looking at that kind of show this, and and and so the point of seeing these signposts is trying to understand,

um when when this happened. So we thought this week the i m F slashes not just cuts, not just reduces, but slashes global growth estimates. Warning, unfortunately, I hate to tell you, warning that the worst is yet to come. They say, you think things are bad now, oh just wait, they're about to get even better. Oh no, worst, They say, the global economy is headed for a quote stormy waters

end quote. The Internet National Monetary Fund said this week it cut its projection for growth next year and warned that high inflation was worsening living conditions. So you think it's bad for you in the United States, what about other countries where they're seeing prices go up by double a hundred percent in months and they already live on

three or four dollars a day. Imagine that. Um It says here that the global economy will grow two point seven percent in three down from a projected three point two percent this year, and six percent in so it's growing way down six going down to two point seven percent. Just um, So so think about that for a second. Actually, I'm gonna I'm gonna put that on pause. I'll come back to that. It says the global economic activity is

experiencing a broad based and sharper than expected. It's always more than they expected, right, all these pH d s, all these economies, all this data, and they just can't ever seem to get it right. Um. Of course, they can't tell you what the weather is going to be like next week. They can't tell you what's going to happen with inflation. How the heck are they going to tell you what the weather is going to be like in a hundred years from now. Just stop and think

about that for a second. Let's keep going here. Global economic activity is experiencing a broad based and sharper than expected slow down. We didn't expect for it to get this bad. Uh. You know, we thought we'd just shut the whole economy down and then turn it back on again, and then we have too much inflaces, so we'll shut it back down again. But we didn't expect it to be it as bad, with inflation higher than seen in several decades. Who would have thought it's it's it's sharper

than expected. They say, Now, it says here that the I M s's global inflation hitting eight point eight percent. For that's up from four point seven percent last year. So eight point eight percent inflation globally. Now this means that in some places goes up less, in some places it goes up way more. But let's just look at this global number that the I m F is putting out. So they're expecting inflation to go up by eight point eight percent. They're expecting the grow global economy to grow

by two point seven percent. So that means, yes, we are growing much slower. We're producing way less good than services. Your wealth is going up way slower than the cost of living. That means everybody in the world, on the entire globes cost of living, or i should say quality of life, standard of living is going down because we're growing much much slower, two much much slower than inflation is at eight point eight percent, they said. The I

m said, quote, monetary policy should stay the course. Look things are they just said here, Um, they said experiencing sharper than expected slow downs, then expect things to get this bad. But never mind, never mind, we didn't expect for them to be this bad. It's way worse than anybody thought. Um, but never mind, stay the course, Stay the course. Uh. Fiscal policy should aim to alleviate the cost of living pressures while maintaining is sufficiently tight stance

aligned with monetary policy. So let's let's break that down. So we have monetary policy and we have fiscal policy. What's the difference Monetary policy is what the central banks do. Monetary policy with the central banks increased the monetary supply, the base, the money base, but it's not super effective

because all they can do is give reserves to the banks. Now, money doesn't really get printed by the Federal Reserve, like the meme says, and like I say all the time, I hope you understand that money isn't printed by the Federal reserve. Money is actually created by the banks. So the federal reserves give their reserves to the banks. Now, the banks create the money into existence by issuing loans. But if you and I don't borrow, if I don't go get a car loan, auto loan, a house loan,

r V loan, a boat loan, a credit card. If I don't borrow, then no new money is created. And if no banks want to loan me money, no money's created. So that's monetary policy. Fiscal policy is what the government does. Fiscal policy is sending out you money for welfare or UBI. Fiscal policy is them giving you food stamps and and all these other things. That's fiscal policy. So what they're saying is that fiscal policy he should aim to alleviate the cost of living pressures. How could they do that?

So what they're saying is that as prices keep going up, meaning your gas prices, your energy prices, as they keep going up, then fiscal policy should continue to work to offset that. But if they increase the money supply to help you with your high gas prices or energy prices or food prices, then that means you don't buy less. That means you continue buying the same amount, which means the demands still there. And if the demand is still there while the supply goes down, doesn't that mean prices

keep going up? I mean, the thinking here, I mean it's just amazes me. So, um, the fed ed is trying to crush demand. They want to make you broke, so you can't afford these things anymore. But the I m F is saying that fiscal policy should aim to alleviate those costs of living pressures how by giving you money. So while the FED is trying to make you more poor, then that's the monetary policies making you poor. The fiscal policy should be giving you money. Where do they get

the money from? Oh yeah, they created to see what they're dealing with here, and you can start to see very quickly why they are out of moves. They are out of moves somehow. There per the I m F, they are supposed to restore price stability. So mon tery policy should stay the course to restore price stability by crushing demand to take away your money. But fiscal policy should alleviate that while maintaining a sufficiently tight stance aligned

with mon tery policy. But they work against each other because the mon tery policy is trying to make you more poor so you don't buy as much, but the fiscal policy wants to give you the money of the difference so you can continue to buy the stuff that you've always had. M Um, there's eight stages of a democracy. About a tune or fifty year life span of democracy. I'm not gonna tell you all the final stage, all the stages, but the final stages are intellectualism, um decadence,

which I think you've seen that. Then it goes to dependence, which is what they're talking about, and then ultimately bondage. Those are the last four stages. You can guess which stage we're in. You're listening to the Mark Moa Show. We're talking about the decentralized Revolution, the way the world is changing from centralization to decentralization through the lens of politics, finance, and technology, and we can see that it is crumbling right now. I want to show you more about what's

happening with society because of these things. When I come back, I got a lot to cover. We'll be back in a second. Don't go away, all right, Welcome back. You are listening to the Mark Moa Show talking about the decentralized Revolution, the way, uh the way the world's changing from a centralized world, central planning and central banking into a decentralized world. And at the end of this and and before the break, I talked about the eight stages of a democracy or an empire, and the four final

stages are intellectualism. People, we have so much money and so much wealth that people just sit around and think thinks all day, imagining this future world with no real world ties, right, intellectualism, which it leads to abundance. Um, like people buying board apes for sixty million dollars or whatever. Uh there was like someone who bought like an invisible piece of art for like eighteen million. I think that

pretty pretty well highlights the age of decadence. Um. Then we lead to dependence, and dependence is the fiscal policy. The government has to step in and help you U, B I, welfare, food stamps, etcetera. And then that leads to bondage, where now I'm dependent on the government and so now I have to do whatever they say. But it's the it's the perversion, the distortion of these monetary

policies that we're dealing with right now. And we can see it, how see it manifesting itself all throughout society. As a matter of fact, what we can see all over the place. I'm I'm coming to you from California, and we are seeing a massive problem with us in California. But it's even worse than other areas. And that is the rise of violent crimes like we just haven't seen before.

It's just insane. And I was looking at this report this week of examined crime data from Baltimore, Chicago, Los Angeles, New York City, Philadelphia City, Seattle, and Washington, d C. I don't know why they didn't put San Francisco on there. That certainly would have should have changed things. But we got Los Angeles, so California as well represented. But when we look at the data and not the narratives. I'm gonna talk about the narratives in the second, but let's

look at the data itself right here. And so when we examine the crime data from those cities Baltimore, Chicago, Los Angeles, New York City, Philadelphia, Seattle, Washington, d C. Just those cities, we found that violent crimes have increased anywhere from five up. All right, now, these are violent crimes, all right, These are definitely the crimes you don't want to have happened to you. Let's just say that. I mean not that you have, you won't have any crime

app and you or in your area. But these are ones that are they're violent. Um and it says they've reached unprecedented numbers in the last two years, with murders increasing by nearly thirty percent. That's a big number, Man says. New York City has so far seen the largest increase in violent crimes out of the city's a forty point six increase compared to forty three thousand violent crime incidents UM compared to so far this year, compared to last

year's thirty thousand, So big, big, big increase. Chicago shows similar data, detailing an increase in violent crimes, a thirty five percent increase compared to last year's records. Wow, this is not a small This is not a small percentage of change. There's a massive percentage of change. UM Chicago. Chicago's recorded at the time of this report a homicides on the year UM which went down, actually went down. Good job, Chicago went down. UM it's UM hundred nine

four instead of two hundred and seven. It went down, I mean, good job, better than going up. I would hardly call that progress though. What about violent crimes in Seattle? And Seattle they've shot up twenty three percent so far just this year. This year, homicides have increased by more than fifty four percent. Homicides citywide shootings and shots fired increased by eighty two percent. Let's say that one again.

This is Seattle. Homicides are up fifty four percent and citywide shootings and shots fired have increased by eighty two percent. That is just insanity. Um, Los Angeles. Los Angeles isn't doing so well. Seen crimes rise in all three categories. Violent crimes shot up by six point seven percent, which don't sound so bad compared to Seattle violent crimes. We see homicides increased by one point six percent versus Seattle's fifty saw shots fired increased by one point five percent,

um up by in Seattle. So l A is not looking so bad. Now. I will say that, Um, there's a lot more crime going in the Los Angeles than as in this report. This is just violent crimes, shots fired, homicides, etcetera. Um, they've decriminalized a lot of stuff in Los Angeles, so while we're seeing a lot of violent crime, it's just

not called violent crime anymore. So they change that. UM, Washington d C. Total violent crimes increased by homicides and only only increased by four percent, Not only, but still four percent. M Philadelphia violent crimes have increased by almost five percent. You get the idea. I can sit here and keep reading this data to you, But why, why why is crime rising so hard? I mean every day obviously depend on where you're looking, but if you go

on Twitter at all, you can see this stuff. It's all boots on the ground reporting and you can see every single day or new attacks at airport, baggage claims, UM, subway stations, you know, convenience stores, um, et cetera. I mean, every single day I see this information, I see these videos of this stuff happening. Why while it's happening for a bunch of reasons. Ultimately it comes from a breakdown

in the money supply. It perverts everything. It also has to do with the the incentive, so you know, when people are broke, they act out for sure. Um. The Democrats want to blame um red states. They say it's it's the red states. Um. California governors Gavin Knewsoon recently said he was going to break down quote America's red state murder problem, which is pretty funny that he would say that it's the soft on crime policies that seemed to be the problem. As a matter of fact, this

week we saw a report about these Green Goblins. If you've heard about this, I had just heard about this as in New York, these Green Goblin games. They show up into the um dressed in these like green tight suits, like when they call themselves Green Goblins, and they show up in gangs neon green full body suits and they attack people on the subways, and they attack people on subways and steal from them, assault them things like that,

and then they just walk right out of jail. So there was Miriam is So six years old, a member of this Green Goblin crew assaulted and robbed two teens on the subway on October two, charged with violent felony and then no bail, just walked right out, she walked out of the court um. And so what's happening is that we're soft on crime and we're continue to release these people. And if there's no consequence to you beating people up and stealing from them from them, then what

do you think happens. That's right, more people getting beat up and more people stealing from them. That's exactly what happens. The society is breaking down, The world is changing. The world that we have known is not the world that we are going into any longer we can see California home to California is home to three of the ten worst cities for retail crime. And this is kind of what I was talking about. Um, they've decriminalized a lot

of this, and so now it's home to three. The state has three of the ten worst cities for retail crime. Smash and grabs plague the state, as they say. According to the National Retail Federation, three California cities are among the ten most affected cities for organized retail crime. Those are Los Angeles, San Francisco, and Sacramento. Of course, um, very very very very blue hotbeds for sure, um, and it makes it very difficult for store or owners to

be there. So of course what happens then the stores break down, The stores have to close up, The stores close up. The people that have any money don't want to live in a violent area, and especially I don't want to live in an area that's violent and has no stores or services available because all the stores have to close up, and what do they do They move out of the area. We've talked about this before in terms of San Francisco, and it's caused a massive, massive problem.

What's happening here in California is we have the rise of these uh flash mob style robberies. And um, they used to just show up in a flash mob and starting dancing and singing, and now they show up and start robbing. So um again, this is a direct result of the monetary system breaking down, and it shows just how quickly the system that we know is going to change now. Um. Change is hard, change is scary, but I believe we need the change. And what's on the

other side of it is good. It's hopeful. Um, some of this information is bad, I get it. I'm sorry. It's not doing gloom. There is hope. What we're seeing is coming to an end, and there is hope on the other end. You're listening to the market Ball Show. We're talking about the decentralized revolution, the way that the way the world is changing from centralization, central planning is failing us into a world of decentralization, back into a system like we used to have. This really affects the

entire world, no matter where you're at. This is a big, big, big deal. You're listening to the Mark Moa Show. That's what I got for you this week. Thanks so much for listening,