The Mark Moss Show - Wild Inflation

just can't. And so I see a lot of people trying to like just focus on politics and then they just don't understand really how all that fits into things where it's like, oh, great, Okay, you're telling me about this topic, but what does that really mean to me? Or why do I care? Why should I care kind of a thing? Or the same could be about finance, right, Like you're talking about yield curve controls, you're talking about

the euro dollar market. What does that even mean? Well, you kind of have to look at the If you don't understand the politics behind the euro dollar market, then you can't understand the finance part by the eurotellar market, And then if you don't understand the technology piece, then you don't understand how that's really the driver that changes all this together. And so of course that's what we

are talking about. And of course you know, each and every week I'm trying to bring to you another angle to understand all of this, because it's not easy. I mean, I've been doing this for a long time and um, each day we're still discovering and learning um new things about it, um and it's it's very interesting and so hopefully you're tuning in each and every week. Follow me on Twitter at one Mark mossum or on Instagram at one Mark Moss and let me know if you have

any questions. I'd love to answer them for you there online. But of course it's no surprise to you. It shouldn't be. If you're alive and you've ever spent any money in the first last couple of weeks, then you know that everything is getting crazy expensive. Just this week, the government, the United States government, the BLS, put out the new inflation numbers, the c p I, the Consumer Price Index. I like to call it the cp lie because they

lie about the numbers. It's completely fabricated and made up. Um. But of course it should be a surprise. They came out eight point five percent. Another record. We're we're breaking records on our way to another forty year high. Now what's interesting is we haven't been to this forty year high since the nineteen eighties, which was the famous the we're famously known for having the highest levels of inflation when then President Ronald Reagan had the uh then sitting

president Fed Board governor, I should say, Paul Volker. Today we have J. Powell. Back then we had Vulcar and he famously raised I couldn't even imagine this today. He famously raised the Fed funds rate, the interest rate to almost twenty percent. It's amazing. It's amazing to think about that because we've had almost zero percent for the last couple of years. Uh. Just as of like two months ago, mortgage rates were like three percent, but in the eighties

they were twenty percent. Imagine having a mortgage rate insane. But then uh then then chair Fed Chair Volker had to do that because inflation was so high. And so that's the important part to understand, to understand that we're back to where we were in the eighties when Vulker had to do that raising rates, and here we are with the Federal Reserve raising rates a quarter point like what the heck is a quarter point going to do.

The answer is nothing. Now, what does this all have to do with bitcoin and cryptocurrencies in this new financial system? You say, well, I'm glad you asked that question. Well, we're witnessing the death of this system now. Um. People ask me all the time because I talked about this all the time on my YouTube channel. If you're not watching my on YouTube, you should Mark Moss just search me there. They say, when Mark, When when is this

going to happen? Mark? When is it gonna happen? Is it gonna be within the next year, within the next three years. It's like, dude, it's happening right now, Like, don't you see it? Uh? The dollar has not always been the reserve currency of the world. Before the dollar, it was the British pound, And before the British pound, it was I believe Portugal. Before that it was like France, and then it was like Holland and right the Dutch guilder.

It's it's been many different currencies. Sorry, I don't have the list in front of me, so sorry if I got that wrong. Um, but it but it changes about every hundred years, and so the dollar hasn't always been There was the British pound before that. And what's important understand is that happened in the early you know, twenties and thirties, through World War One and World War Two, and it was about a forty year transition. So it's not like on this day, this is what happened. It's

just like it's a process. And so everyone asked me when is it gonna happen, It's like it's happening right now. Like if you're watching like a freshly painted wall dry, it's like, when is it gonna dry? Well, it's drying right now. We're watching it, and that that's kind of what we're doing, except for it's much more exciting than watching paint dry. And so back to this inflation we're we're we're at this very interesting junction in time where

inflation is raging um. But but the Fed chair J. Powell doesn't really have the ability or probably the stomach to do what Paul Wilker did back then. And if eight point five sounds bad, it's actually much worse than that. We saw a supplier price rose eleven point two from a year ago in March, the biggest gain on record. This is the producer price index. So there's the CPI, the consumer price index, that's how much of your pain

when you go to the market. The producer price index is how much the producers are paining to produce it. And it's important to understand that number for a couple of reasons. One, it's less manipulated than the CPL number the government produces. But also, um, if it costs producers to more to produce something, then it's going to also cost you more to buy that thing. But it has

like a lag. So the producer price index gives us a little sneak peak as to what's coming next, um right, So if if, if, it's it takes time to work its way through the system. So like we're seeing commodities go through the roof, right, So oil, natural gas, copper, zinc they're going through like I mean, fertili like a

increases and that's when they create the commodity. So they've produced the copper, they produced the lithium, and then it has to get shipped, which shipping costs have gone up because oil has to get ship to the next manufacturer who then puts that together and the raw materials, and then that has to get shipped to the next person who then breaks it down and then they get shipped to the manufacturer then assembles it and then it gets shipped to the warehouse and then they finally get shipped

to the retail. So if you look at the start of the commodities going up, you know that eventually it's like a like a snake and watching like a rat go through a snake. Sorry for the visual, but watching like a snake go through a rat. And so you can see when the prices go up on the commodities, you know eventually that's going to get to you at the store. And so this kind of gives a sneak peek into what's going on. And they are going up, like I said, eleven from a year ago, which is

just insane. Now what they do is they say, well, if we strip out what we call core, the core pp I or the core CPI, CORE takes out food and energy, which is pretty interesting that they would even do that, because what are the two most important things that we need to stay alive. If you cut out everything that you spent money on, the last thing that you would cut would be food because obviously you can't

live without food. Um, And then energy, like you need lights at your house, and you need your food and refrigerator to stay cold. Without food and energy, you die. And I don't know why they want to take those things out. Well I do know why. The reason why is because those are the things that have gone up the most. Um. But you know what they were telling us before is inflation is not a problem. And then

they said inflation is transitory. And then they said, well it's not transitory, and they said, oh crap, we better do something about it. And now they're telling us that, well, I think it's peaked. Okay, now it's peaked. Now we're gonna be back on the other side of this. Well, I'm here to tell you that it has not peaked, is not peaked. I'm gonna break down some numbers as to why. I want to show you what some of the numbers are and how I am pretty sure that

it's not. And also I have this startling number that I saw today in a chart from the from the St. Louis Federal Reserve Board that is shocking and it is not good. I'm gonna tell you about that. But one of the best ways to UM that I like to hedge against inflation is to buy assets that are going up faster than inflation. So for example, maybe buying real estate at very low interest rate that inflation could basically pay off for you. That's one way to do it.

Or one of my favorite ones is of course bitcoin, buying bitcoin UM it's been going up faster than the rate of inflation. As a matter of fact, it's average about a year compounded annual growth rate. And so if I buy an asset like bitcoin, UM, stocks are another way that I can go, you know, beat beat that rate of inflation. But bitcoin has been the best, my preferred way to do that. UM. Of course, with bitcoin, you want to make sure that you're holding it correctly.

I've talked about this many times. I made a video about it. You can search it on YouTube. How I lost over two million dollars worth of bitcoin. I know, right, It's like a gut punch. Even for me to say it again, it brings back memories. It wasn't two million dollars at the time, but in today's dollars, if I would have held onto that bitcoin would be worth over two million dollars today and I lost it. You're listening

to the Mark Mushow. I want to give you a couple of numbers about the consumer credit that is going to blow your mind. I want to talk about why in relations canna keep going up and what you should do about it. So don't go away. I'll be right back. All right, welcome back. You're listening to the Markmas Show. We're talking about bitcoin and cryptocurrencies. We're talking about the

decentralized revolution. We're talking about, or rather I should say, I'm narrating you through the changing monetary system, the world order as we know it. Like I said, people ask me all the time, when when is it gonna happen? And I say, it's happening right now. You just gotta pay attention. And so we're witnessing the death of it. The problem is and I and I take no joy in this. I take no joy in this. It's not going to be good for most people. It's not going

to be good for most people. UM. The system that we have is set up to take care of people who don't want to take care of themselves. And so you know, my job is to try to wake as many people up as I can so they can you know, get on the right side of this. UM. So I don't take any joy in it, but it is what it is, and it's happening right now. And I was talking about inflation and how inflation is going crazy. What

we're talking about. The producer price indexes at another all time I and if it costs more to produce stuff, it's going to cost you more to buy the stuff. And I said that I was gonna show you how. I was saying, inflation has not peaked. So they were telling you it's transitory and it's gonna go away, and they're saying it's peaked this and them, But it hasn't peaked. And and we know this because of one, like I said,

the producer price index, UM, that's going up. And so if that's still going up, we know the consumers are going to pay more. But we also see that all that matters is like UM, when you break down the spending, there's like different categories you have like food and energy, your food, energy, energy, trade, things like that. But the thing is, as I was saying, is that food and

energy the most important things. Those are like your basic necessities, and so UM as those those are climbing like crazy, they're going up insane, which is why they try to pull those out to try to make it look better, right, But those are the final final good demands. And what happens is when the is go up in value, um, maybe people spend less on the other things, so it

looks a little bit better temporarily um. And the energy prices they do fluctuate, so like, for example, the Biden administration has been releasing oil from the strategic Patroleum reserves, so it's brought the gas prices down a couple of pennies, not not a lot. It looks like a big win for them. It's much more dangerous for us no long term because now we don't have any reserves. That doesn't sound like a good idea. It's not really an emergency.

We're supposed to hold those for an actual like emergency, which we're not in. But you know, the energy prices are fluctuated about food prices. Food prices don't fluctuate, right. Um. Once the price of a grocery item goes up, that's

that's just it. It stays there forever, right. And if you think about this logically, when food prices go up really fast, then the price of other stuff maybe falls or at least rises a little bit more slowly because people are buying have to spend more money and defeating themselves. They're not buying other stuff as much like cars and you know, entertainment they like. That makes sense, right, But

that doesn't mean that inflation is peaking. It just means that people are getting poorer because price increases are getting worse. And we can see this evidence in the chart. And this is in this chart that we got from the from the thread the St. Louis Federal Reserve and it's on consumer credit. And so what we've seen is that consumer credit is climbing at an all time record pace right now. I mean it's insane. Um. And now consumer credit is like credit cards, like when do you use

credit cards? Like when you go to dinner or things like that. Now there's such thing. I'm a big fan a disciple of Robert Kiyosaki, has been my teacher for twenty five years, reading his books and now he's one of my actual friends. UM. And he talks about good credit and bad credit. Now, good credit is when I buy new equipment from my business, um, and that now can make income for me for a long time. If I'm invested into R and D, and that can engrow

my business. So when I'm using credit for things like that that can help me grow, that can help me earn, that's that's a good form of credit. If I if I borrow money to buy an apartment building, and now that apartment building makes me income, that's good credit. But but what consumer loans consumer credit is totally different, right. It's a pretty modern invention. It started about the fifties and sixties when we got those personal credit cards. I

was talking about that earlier and about the forties. Makes no business sense at all. Basically, you're allowing someone to use debt to buy food, like people can use debt to buy food. Like that's a moral problem, right, If someone has to borrow money, go into debt to buy food, they're probably not able to pay you back, right, Um, Like, maybe if people can't afford food, we should give them charity, not credit, something like that, maybe an interest free loan.

But you shouldn't be using money for consumable things because it's probably be able to pay back. And so this chart just shows us. You can't it, but you can just google it later. It shows you how bad this is. And at this record credit expansion that we're in right now, Like I said, with a lot of it going into the food and basic necessities. It shows, it shows how society's creator. Right, it's an it's a societal thing, um. And it has to do with this inflation going up.

It's bad um. And like I said, well, the Fed wants to tell us that they've beaten they've beaten inflation, that they've got a handle on it. Like I said, Um, that's not what we see. The producer Price Index is eleven, the biggest jump in prices UM since we've been tracking this data since two thousand ten UM. And basically what this tells us is that the real value of the government's um thirty trillion dollar pile of debt UM will be reduced to about three trillion this year because of

inflation UM. And this is basically what the big game is, right, Like Washington wants to make that go away by having this inflation um. But it's not going away something you need to be prepared for, which is again why you need to be thinking about hedging your bets with something that can head you against inflation. Now, the first thing is if you're not already saving money, that's your first problem. So first off, think about that. Can you increase the

amount of income you're making your wealth creation. UM. If you're having trouble increasing your money your wealth creation, and you might need to learn some new skills. Those are typically around what I call high value skills. Those are typically around sales and marketing, the closest to the money supply. I could go into any business on my local downtown and say, hey, if I drove you a million dollars of business this year, would you give me a hundred thousand?

And they would all say yes. And so I could do that through both sales and marketing. UM. And then you need to look at cutting expenses. And the goal is to consume less than you produce, right, spend less than you earn, and then you can start saving. And then you need to save that in something that can beat this rate of inflation, because it's not getting better. Like I was, like I was telling before, like Paul Volker Uh dealt with something similar way back in the day, UM,

and he was able to raise rates. But we can't do that. I mean nine at the time, federal debt was only eight and twenty seven billion, less than one trillion. Today we're at thirty trillion. So UM, you can't just raise the debt. I'm sorry. You can't just raise the rates when you've got thirty times more than thirty times the amount of debt. This doesn't work. You know, the FEDS have printed up eight trillion dollars in extra cash

in the last twenty years, eight trillion. The biggest spurt, four trillion of it came in the last eighteen months. That means the more they print the more are the less your existing dollars are worth. So the goal is to make more of those dollars while you can spend less of them so you can save someone put it into something like bitcoin that you can hold over a long period of time and hope to make it on

the other side. Alright, So hopefully that makes sense. Now, we've got a lot more to cover in what's happening right here, a lot more about what the FEDS doing, a lot more about what's happening over in Europe, and they're trying to come back this and then of course trying to bring it back to what you should be doing about this. I've got a lot more to cover. Do not go away, you're listening to the Markmas Show. I'll be right back, all right. Welcome back. You are

listening to the Mark ma Show. We're talking about, well, the same thing we talked about every week. Bitcoin, we're talking about cryptocurrency. We're talking about the decentralized revolution the world is going into right now. Never a dull moment around here lately, because it is changing rapidly before eyes. And that is, of course, if you have them open and you're paying attention, which of course I know you are because you are tuned in and you're listening to

me right now. Now, a couple of things that we've been talking about before the break is, uh, the rate of this financial system dying right before us. You know, it's pretty interesting. Um you look at uh, at a system dying and why that happens, right, and so like the one that we're in right now, it's like falling apart and there's not enough superglue and duct taped off seemed to hold this thing together. I was talking about

before the break. I was talking about how we're setting new inflation numbers that haven't been seen since the nineteen eighties, when of course we had inflation is high again and at that time, then President Ronald Reagan had then um fed share of President Paul Volker, and he did some crazy things like raising interest rates, and here we are no near zero percentage strates and the FED is trying to raise them like a quarter of a percent like

that ain't gonna do anything, Like they're not even trying, right, But at the same time, they're like gas lighting us. They're trying to tell us what we're seeing is not what we're seeing, and then try and tell us it, Oh, no, don't worry, like prices are coming down, like like, uh, don't don't worry. Don't worry about that. Now. I was given some numbers before, but you know, I was looking at this chart I posted on Twitter, I think yesterday.

Um and if you're not following me on Twitter, you should. It's at one Mark Moss at one Mark Moss and um. I was saying that if you don't believe food food prices, or I said, don't believe the whole h food prices of peak narrative, because what happens is they look at inflation and they look at it as they measure it in year over year prices. So they'd say, um, you know, here we are in April. So let's say April last year was this price. Now April this year is this price.

So year over year it was as much of a game. And when we look at food prices, what we can see is that in in uh, April, May and June were actually surprisingly low. Now uh, if you uh, if you're on Twitter, you can go. You got this chart, Otherwise I'll just explained to you. But you can see that prices were in like the four percent range, and then we're kind of scaling down in like January, February,

March down to like three point five. And then all of a sudden, they just dropped off a cliff down to like two point four two point two, um, and then and then they ran back up in August back to like three and a half. So what does that mean? Well, for those three months, they were abnormally low. And the reason why that's important to understand is that the next couple of reports that we see are going to look extremely bad when priced in year over year terms as

as they do. And so, UM, don't be in this camp that like, oh, you know, food price is a peak that's going down. Um, it's completely possible that we could see inflation numbers past fifteen percent. I think in the next couple of months, which is amazing. Now, what does that mean to you, though? Right? What does that mean? Like? What does it mean in your own dollar curtain? What does that mean in your like um, to your dogs, to your pocketbook, to to to your bank account. Well,

let me give you an example. So let's say, um, so we're at eight eight and a half percent inflation CPI consumer price inflation per Moodies. Now, a lot of people may don't agree with this, um, but they say that the average American wage journer makes thirty two dollars an hour. So a lot of people push back on that on Twitter that no, no, no, no no, not. I ain't know average, but I'm not sure how they got that data. I didn't. I didn't dig into that. So

adjust it for whatever you see fit. But the average American wage earner earns thirty two dollars an hour. Of course, whatever fifteen bucks is minimum, I'm sure some people are making a hundred or two in bucks an hour or whatever. The average American wage jouring it makes thirty two dollars an hour, um. And it says that per that that the average US household, because of inflation, spent an extra three hundred and twenty seven dollars in March due to inflation.

The average US household spent an extra three and twenty seven dollars in March due to inflation. So for the average American wage journer making thirty two dollars an hour, they now have to have to work an additional ten additional hours in March, more than an entire work day, just to make up for the rate of inflation. If you're making thirty two bucks now and now, if you're making twenty bucks an hour, you're gonna have to work more. Now you gotta work. I don't know, I don't do

the math. Fifteen extra hours, fifteen extra hours in a month just to get the exact same purchasing that you had the month before. That's what inflation is doing to you. You see these numbers going up, You hear these numbers, But do you really think about what that's doing to you. I mean, it's insane. That's fifteen hours of your life

that's being stolen. That's fifteen hours of your life that you could be spending with your kids or reading a book, or building a new business or whatever you want to do. Fill in the blank. I mean I'm sure you would rather do almost anything for fifteen hours than lose it to keep up with inflation. You know, this is a good illustration as to why how bad inflation is. Um Inflation doesn't just um steal our purchasing power, which of course it does. But what is the effect of that, Well,

it affects everything. So because you have to now work an extra fifteen hours just to get back to even that means the quality of your life goes down. Now you're probably buying cheaper quality food, so now you're less healthy than you were before. You maybe are skipping on some of your vitamins or um doctor visits, and now your health is probably in jeopardy. Maybe you're working over time to try to compensate for that, So now you

don't have time to go to the gym. Um. Maybe when you're working on those extra hours you have time to go gym. You're not now spending that time with your wife and your kids, and now your relationships are falling apart. Um, you're not taking those continuing education classes or working on that side business in the evening anymore. So now your dreams are getting killed. So now if we add that, let's see your health is deteriorating, you're

getting are at risk for medical situations. You're sacrificing your dreams and goals, your relationships are breaking down, all because inflation. Now, inflation is not prices going up. Prices going up are the effect of inflation. Inflation is when they increase the money supply. That's what inflation is. When they when they increase the money supply, That means all the existing dollars are now worthless. They purchased less than they did before,

which is why prices go up. Prices don't go up, It's that the purchasing power of the dollars go downs, which just takes more dollars to buy those goods and services. So inflation or prices going up, is the effect the result of inflation. The inflation is that your your Federal Reserve Board printing more money, thank you very much. Now, it's exacerbated by many things like, for example, supply chains

breaking down. So but why are supply chain is breaking down? Well, we're ordering more goods and service than we did before. Why are we wording more good and services before? Well, because we printed a bunch of money. So people have more money than they did before. They're buying more than did before, so it's still a result of that money. Now it's also it's also you know, um, exacerbated by

the war with Russia and Ukraine. And so you know, good old President Biden is on the news telling us that sanctions are hurting Russia, but sanctions also hurt Americans. So hey, Americans, suck it up. You're going to have to work on extra fifteen hours this month because you know, sanctions on Russia. UM. So that's how that works. It's not a system that I particularly care for. It's not

a system that I like. UM. I don't think that a couple of guys twelve fed board governors should be able to sit around and have a discussion that requires and make a decision for me that is now going to force me to work on extra fifteen hours this month because they decided to do that. It's not a system that sounds very good to me. But that's where we are quite quite crazy. UM. Now you're listening to the Mark Moa show. We're talking about the intersection of politics, finance,

and technology. We're talking about the decentralized revolution. We're talking about taking the power away from these twelve board governors who can arbitrarily decide to make me work fifteen more hours, and instead of giving it to a different group of people who might be better at it than they were before, Um, how about giving it to nobody. How about so nobody can control that. How About nobody can get around and decided to make me work more hours? I like that.

How About my life is in my control and not up to some random twelve people that I don't even know who they are, and I don't even vote for them. Now, if my wife wants me to go work more hours, that's a different story, right, A happy wife, happy life. But I don't know who these twelve board governors are. They don't know anything about me or my family. And so it's not about giving different people, it's about different people. About giving it to nobody, And that's exactly what bitcoin does. Um.

The decentralized revolution is all about. You're listening to the Mark Moa show, UM navigating you through this um rapid change the world is going through. I got a lot more to cover with this. When I come back, make sure you don't go away. We're back, all right, Welcome back. You are listening to the Mark Moa show we're talking about. We're talking about bitcoin, we're talking about cryptocurrencies, we're talking

about the decentralized revolution. We're talking about the intersection of politics, finance, and technology and how the world is just changing right before our very eyes. Uh this hour, we've been talking about specifically, the um BLS Bureau Labor Statistics put out the new CPI Consumer Price Index numbers this week, showing that we are again breaking records back to fourty year highs eight point five per cent. And while that looks

like a number, what does it really mean? And of course I explained that that means that for for a person making about thirty seven dollars an hour, that means you have to work on extra ten hours a month. If you make twenty bucks an hour, you're probably working about an extra fifteen hours per month just to have the same lifestyle that you had before. Or that's what

that means. So that means that literally they're stealing your life, the hours from your life, and society breaks down of that because as I already explained, I'm not gonna go through that again. If you missed it, don't worry, don't worry, We got you covered. You can check this out on demand. Just search Mark Mark Moss podcast and you can find all these episodes on your favorite podcast player, iTunes or

Spotify or wherever you check your podcast. So if you missed me, don't worry, go back and listen to that again. I don't want to recap all that. But another thing I saw was back to these twelve Fed board governors. We have the New York Fed and the Dallas Fed and the St. Louis Fed, on and on and on the St. Louis Fed. President Bullard, he said, quote, labor markets are robust and likely to improve. So he's saying

the economy is good. The labor markets are tight, people are working, right, so theylways look at the unemployment rate. He said. The unemployment rate has fallen to three point six percent and will likely fall below three percent later this year. And that hasn't occurred since the nineteen fifties. End quote, that's what we said. Hooray. He said. The economy is doing amazing. People are working. As a matter

of fact, unemployment's the lowest that's ever been. Really because in my downtown when I walk around, all I see is help wanted signs everywhere. A matter of fact, I went out to dinner with my family UM night before last, and the restaurant we were at with short staff because they didn't have enough people. They made sure to tell us that UM as their as their excuse for given us poor service. I suppose UM. And so while they're saying that we have low unemployment, the reality that I

see with my own eyes doesn't show me that. But even if that were true, that doesn't necessarily mean anything. So I would like to bring to your attention that one of the most famous examples of hyper inflation, or where the money blows up so fast that you can't afford to pay for things is UH is Wimar Germany, the Wimar Republic of Germany. And so what happened after World War Two is Germany had to pay war reparations.

They had to pay um for all these European nations to rebuild, and they were ordered to pay this um, and so they had to print a bunch of money. And when they printed a bunch of money, then they had massive inflation. Remember, inflation is not prices going up.

Prices going up is the result of inflation. Inflation is increasing or inflating the money, the monetary supply, the money supply, and so Germany had to inflate their money supply to pay back the war reparations, and uh, similar to what we're doing here, and we had to print a bunch of money to inflate our money supply to fight the

war as well, the war on COVID apparently. But was the reason why I bring that up is that I'd like to tell St. Louis fed President Bullard that during the Weimar Germany hyper inflation period that unemployment was also about three at the same time. So what happens is as as prices go up, it gets cheaper to pay for labor, so people will hire businesses will hire more people.

But the people that are getting those jobs aren't earning enough to keep up with that rate of inflation, with that rate of money, sorry, with the rate of prices increasing. So looking at that number on its own is not necessarily good sign. As a matter of fact, it's actually a result. It's actually typical for a period such as this, when they're printing money inflating the monetary supply at a rapid rate like they're doing now. It happened in the

Waimar Republic, and that's exactly what's happening now. It's insane that people just can't seem to see that. But I get it's it's difficult to understand. There's a lot to understand about it, UM, and that's why I'm trying to walk you through it each end, every week. Because the system is changing rapidly. Now I'm I'm excited for that. I think we have a much better system to go into UM. As I said, though it's not a smooth transition, and for a lot of people it's not going to

go super smooth. I am having a actual chance for you to get together and come meet me and hang out with me. I can tell you about and UM. I have about fifteen of my good friends that are some of the best analysts in the world that can guide you through this. Now you know things with this. I like to say that who was It? Iron ran one of my favorite authors. She said that you can choose to ignore reality, but you can't ignore the consequences

of reality. So the financial system is going to change, and you can and you can choose not to pay attention to it, but it won't work out very well for you. Or you can choose to take advantage of it. UM, and of course understand the financial system is difficult. So what's happening with the real estate market and the interest rates and the bond market in the stock market, and where do I put my money? And how do I

do with my taxes? And how do I protect my assets so I don't end up owning nothing and being happy like the world that I'm coming forum is saying, and so I'd love for you to come hang out with me in Dallas next month. You can check out Market Disruptors Live dot com and come hang out with me and about fifteen of my friends as some of the best speakers in the world to tell you what's going to happen next and what you should be doing about it. Mark Disruptors Live dot com. But UM, one

way or another, you need to figure this out. We'd like to say, if we can fix the money, we can fix the world. And as we see over and over, as they continue to print a limited about some money, it continues to distort all these markets. I was talking about UM an earlier segment. If you've missed it, just don't worry. Go search Mark Moss podcast. You can check

it out. But I was talking about the difference of the glaring difference when I was at Bitcoin Miami last week between the bitcoin and the crypto crowd and uh, you know, bitcoin um people tend to think long term and they're trying to save money and build businesses and change the world, whereas crypto people are about buying Lambeau and um. It couldn't have been illustrated better than this week. I put it on Twitter, I think yesterday again. If

you're not follow me on Twitter, you should. It's at one Mark Moss. And while bitcoiners were really trying to fix the world with fixing the money, right like here, I'm talking about it's this money printing, this inflation. It's still in your life fifteen hours of your of your month. Now it's gonna steal time from your relationships and your health to work those extra fifteen hours. We're trying to fix the world by fixing the money. And here we

have Charles Hoskinson. He's the founder of Cardano. If you guys are into cryptocurrency, I'm sure you've heard of that one. Everybody. Everybody loves Cardano and m A news article came out a couple of days ago. Cardanos, Charles Hoskinson is helping bring back wooly mammoths from extinction. He says, the popular crypto leader has identified a new project in which he thinks blockchain technology and perhaps Cardano can flourish. And so now while bitcoin is going to go save the world,

we're gonna fix the money, fix the world. If we fix the money, we can fix the health, we can fix the relationships, we can fix um the work balance. We can make sure your money buys more goods and services in the future, so you don't have to work as hard, you don't have to be a slave. While we're trying to fix the money, fix the world, Charles Hoskinson and Cardano wants to bring back the wooly mammoth. Wow,

that's that's that's shattering or shattering. I mean, you know, I guess it might be kind of cool to go to a zoo and see a wily mammoth. I don't really go to do that often. I guess when my kids were young, I took them there. I guess we could. I'd rather fix the money and fix the world and

just glue some hair on a on an elephant. Maybe I don't know, but that just kind of shows you the difference in the difference in worldview, difference in alignment, and you can choose where to put your focus to. You know, I like to say that we want to build the world that we want, and the way that we do that is by putting our money where our mouth is. And we can put our money and build the world that we want, which is why I focus on bitcoin. I focus on investing in the companies that

are building on top of bitcoin. Um. So at the Bitcoin conference, we saw dozens or hundreds of companies that are literally building life changing products on top of bitcoin, and I like to put my money there to build that system for my kids, for a better world for my kids. Or you can buy cardano and bring back the wooly Mammoth choices yours for glaring obvious difference there. Um,

you're listening to the Mark Moa show. Um. If you don't follow me on Twitter, you should at at one Mark Boss on Instagram as well at one Mark Moss or my website one Mark Moss dot com. Check out my live event coming up Market Disruptors Live dot com as well, and make sure to send me a message on social media. I'd love to hear that you're watching the show, and of course ask me any questions you have. I'm on social media too much and I'll try my best to answer your questions. So hit me up there

let me know you're listening to the show. I'm trying to change the world by fixing the money. Um, the Mark Ma Show. We're talking about the decentralized revolution that we're going through right now. And that's what I got for you today. All right, thanks so much for listening.