This is THE MOST Important Situation in The World Right Now

changing rapidly. Of course they all affect each other. But we are witnessing something going on this week, something massive, something for the history books. As a matter of fact, history books will be written about this point in time exactly what's going on. And I am talking about one of the biggest banks in the world, a sovereign bank, the Bank of England, has broke. That's a big deal. This is a really big deal. We are witnessing central

banks around the world breaking. We're not talking about, you know, in two thousand and eight during the Great Financial Crash when the investment banks were down. We're talking about sovereign banks, in national banks, central banks, and they are breaking. So we want to talk about that. The way the financial system is changing. Obviously the political side that's scrambling, and of course the technology that's sitting there waiting in the winds uh and appears to be ready to move into

prime time. And of course we are talking about bitcoin, and so we're gonna break all of this down. I want to break down exactly what's going on with the Bank of England, what happened, how the contagion is spreading

to all the other central banks. I want to go back through some of the history of money so you can understand exactly how this works and why this is happening, of course, and then we'll get back into the currency wars that are happening now between all the banks, the danger that we're witnessing in China, Japan, the UK, of course in the United States. And we'll talk about bitcoin. Is it ready to um make its prime time appearance? Could it be a recipient or a beneficiary of all

of this? And so we've got a lot cover. We're gonna get through all this today, hopefully if I can talk fast enough. So if you're just tuning in, you're listening to the Markmas Show, and we are digging into it. So, like I said, the big news, the Bank of England has broke. Now the Bank of England's broke before. As a matter of fact, everybody's favorite government overthrower, George Soros, he got famously rich from breaking the Bank of England in a single day, making a billion dollars in a

single day. And you know, central banks they're destined to fail. You can't create money from thin air. Just doesn't work. Now, it does for a long enough period of time until it distorts things so bad that then they get inevitably so bad that they break. And that's kind of where we're at. We saw the Bank of England break. Now, um, the UK still there, the Bank of England still there, but they have Basically, it's like if you're playing a

game of poker. They've put it all in. All chips are in, and if they're not able to hold the US up right now, which I don't think they'll be able to, then all trust is gone and they're going to disappear. That's why they've had to put all chips in. So let's talk about that for a little bit and then we'll get into how this works. Like I said, I want to go through some of the history, but real fast, let's just talk about the history a little bit so you can understand this I'd like to talk

about it from a from a first principle's level. We can break this down simply where you can understand it. Um, then you can understand it, and it's more complex. But if you try to understand it, it's more complex. It's it's very difficult to understand. And so um central banks, the Bank of England being the first central bank that was creating the late sixteen hundreds. Now, UM, there's a great book. I believe it was written by Murray Rothbart. You can find it on mesas dot org for free.

It's the Mystery of Central Banking. Great book, highly recommended. When I repeat it again, Mystery of Central Banking. You go to mesas dot org, m I s ees dot org. You can download it for free. Of course you can buy it as well. You can download the PDF version or or buy the physical book to be sent to your house. Um. And so in in that book they really document how this was put together. And so let me just give you this first. Actually, um, yeah, let's

let's go back a little bit further. Let's go back to let's let's go back, let's go back a thousand years and then well then we'll jump to the creation of the Bank of England. That's breaking right now. So if we go back in time, gold has been money for most of recorded history. Of course, before money, before there was a medium of exchange, we just had barter. So we'd trade uh, you know, food, things like that. We trade a cow for a chicken, we'd trade clothes

for wood, things like that. Since we had barter, of course, that's very inefficient and it only works in very small, localized economies, and so we needed a price for things, and we needed to have this medium of exchange that could communicate this price. And so it'll allow us to have this trade. Media's exchange are emergent. And so if you don't want my chicken, my goat, um, I would my clothes? Um? Then would you take this other thing instead?

And this became a medium of exchange. It's not it's not the thing I wanted, but it allows me to um use that to get what I do want. So I like to say, um, it's it's very controversial that you don't want money, and people go, what what do you who do you mean? Of course I want money. I want as much money as I can get. No, you don't. What you want is the things that money

will buy you, that's what you want. Money allows us to park our our value are stored up energy until such a time we're ready to deploy that to get actually what it is that we want, which is a vacation, a dinner out, a new car, new clothes, etcetera. And so what we want is the things, but that medium exchange allows us to get all of those things or like I said, store our energy until we're ready to

do that. Now, Um, what we use is as this medium exchange has evolved, and it's been feathers and seashells and rocks and all types of things. In gold became the best medium exchange. But before gold became a media exchange, we had lots of things. Um. And really what happened is we saw all of these different media exchange. Barley was one medium exchange that worked for a really long time. Um, and then we started getting coins and so then there

was a new technology. Remember it's always technology that changes the world through thousands of years of history, it's always technology, which is why we look at the world changing through three lenses, political, financial, and technological. Now, um, this technology that was created was coins, and so we could take medals. We could take copper, we could take a gold, we could take solver, and we could make coins out of them.

Now this became a good medium exchange. The problem is is who made the coin and how pure is the coin and do we recognize it? So it still worked in a very regional location, in a in a regional area, obviously some people had more access to these medals than other areas did, which then allowed them to have more wealth because they could print more of these coins. Um. But that was a technological revolution, a technological breakthrough that

really happened and allowed global trade to speed up. Now, the thing that's important to understand, and we're gonna come back to this theme over and over and over, is that as the money supply increases, so does the rest of the economy. So if there's more um, whatever, gold, silver, whatever, coins to go around, then more people will go out and do more things. I'll make more clothes, I'll make more food, I'll build more houses because there's more money

to go around. So as the money supply increases UM, so do typically the economic output of that area as well. But it also increases inflation. That means the prices going up, so you Remember, we don't want money. What we want is the things that money buys us, the goods and services. So you would take all the goods and services. And so in a small little economy, you have some coconuts, you have some fish, and you have some guy that

can help you build your hut. That's it, right. If you increase the money, then it increases the demand for those things, the coconut, the fish, and the guy that can build the hut, and so all aso. More money creates more demand. But we didn't increase the amount of fish or the coconuts or the guys that can build the houses, and so it pushes the prices of those things up. More money equals more demand equals prices going higher. All right, that makes sense. So throughout history we can

revisit this over and over and over. As the money supply increases, it creates inflation. Alright, you hear about inflation all over. Now you understand a Now this work. So now that we've kind of developed that, let's jump back to about fifteen hundred eight. It's about five hundred years ago or so, and there was a big discovery that changed the world. It changed the power balance of the world. It changes the inflation of the world, and uh, it

really sent the world in this direction. Before we get into that, just letting you know. If you're just tune in, you're listening to the Mark Moss Show. We're talking about the de centralized revolution, the way the world is changing right now before of our eyes. Were talking about the Bank of England just failed. And we're setting up the history so you can understand how this works, and then we'll explain what's going on and what you should be doing to prepare for it. Um So, I got a

lot to cover. Hopefully we can get through all this. I'm we have to talk really really fast. You do not want to miss this, so don't go away. I'm gonna be back in just a minute. All right, welcome back. You are listening to the Mark ma Show. We're talking about the decentralized revolution, the way the world is breaking

apart right before of our eyes. Of course, we look at it through the lens of politics, finance, and technology, and that technology being bitcoin, the decentralized technology, which of course changes the financial system and changes the political system. Now today we are talking about specifically, we're talking about the central banks around the world, are are failing. The Bank of England just broke this week. We're talking about history.

So we're just stopping at fift hundred and so the world that we have this global trade going on, we have these coins and all of a sudden, there was a discovery in the fifteen hundreds by Spain. Spain was out across the world looking for more wealth, more riches, right,

and they found it. They found a m the Spanish conquistadores um found the Inca Empire, you know, in South America in the fifteen hundreds, and they found the richest silver deposit in the world on a high mountains which is about fifteen thousand feet way up there, way up there. And the Spaniards called this the Sero Rico or the Rich Mountain, and it was over thirteen thousand feet now.

Once they found that, then this mining town boomed. Um. They you know, started digging these deep holes day on, you know, enslaved the local indigenous people there, made them get all of this silver out of the ground. There was also lead in there, which of course is really bad for you. Lots of it was. It was very hazardous work, let's just call it that. But the but the Spanish were able to get all of this silver out of the ground, and it was the largest silver

discovery in the world at that time. And then they took all that Spain they I'm sorry that all that silver, they took it back to Spain. Um and it increased the money supply between Let's see, during the sixteenth century, the population of Potosi. Potosi is where they had the silver mine. It grewed over two thousand and the silver mind became the source of sixty percent of the world's silver.

Between hundred produced all known silver produced in the world, so massive, So it became the source of six in the world silver. So it exploded the money supply. When you explode the money supply, what happens again, you have more money chasing the same goods, which creates inflation. Also, more people will go to make more goods because there's more money. When you have a lot of money, you buy stuff you don't necessarily need. You buy stuff that

you want. And if you have even more money and people will offer you stuff, you're like, oh sure, I'll take that too. And so it created this massive growth, massive prosperity. It was a good thing. Um massive trade, massive growth, massive prosperity, massive progress, all types of new products and tools and inventions and all of these things. And inflation because as you inflate the money supply, you

get it. So it's a it's a double edged sword. Yes, you get the growth, but you also get the prices going up. You also get the inflation. Now we can fast forward a few hundred years, Like I said that ghos to about the early eighteen hundreds, and in the early eighteen hundreds, Um, something else happened. Now what just real quick to highlight this. What happened is all the silver came into the world and then the mind started

to run out. So we were increasing the money supply for a long time, and we had massive growth, growth, growth, growth at a breakneck pace. Right, everything is going up in value, Everything is exploding, more products, more services, all these things. But then mind starts running out of silver. So the money supply, the silver is adding to the world's supply at a breakneck speed. Growth, prosperity, prices everything at a breakneck speed, and then all of a sudden,

the money starts running out. The money supply starts going down, which then causes massive contraction. Now you have all these people that need all these things, that want all these things, that are trying to sell all these things, and now there's not enough money to go around. Okay, that's the theme. You increase the money supply, you get massive booms. You decrease the money supply, you get the opposite of that,

which is a massive bust. All right, So we're gonna follow this all the way through to what's happening to the Bank of England right now today. Now, going back here we are, eighteen hundreds were in England and Sir Isaac Newton you might have heard it and before, and Sir Isaac Newton, Um, he came up with, uh, a new way to get metal and that was the gold, the gold standard. So um he said, hey, let's uh, let's use this new type of money. We're gonna move

to gold. And so England did, uh. They are able to get able to get more gold into the system. Gold took over at a higher volume or I'm sorry, higher value than what the silver did, and so it took off. The United States was formerly on a bi

metal standards. They're using gold and silver at the time. Um. They switched over to gold in eighteen thirty four, UM, and then really, by the end of the eighteen hundreds of Congress passed a gold Standard Act um, and so in eighteen four the United States went under gold standard, fixed the price of gold at twenty dollars per ounce um, and the rest of the world started moving on to

a gold standard. Now, Um, China, just a tidbit note here, China has said, no, we're not moving to the gold standard. We're gonna stay on the silver standard. We don't want that gold. We're gonna stick with what we have silver. Because they had so much silver, they didn't want to give up their silver, and they lost their position in the world. Because the value of silver plummeted. Everyone moved to gold now again. So that so the amount of

gold exploded. Wealth explode again. So the money supply had dipped and now started going back up again again. Massive growth, massive prosperity, massive inflation. Prices are going up, we had more things to buy. Then what happens is then we go into World War One, and um, this is where we'll go to the bank, the creation of the Bank of England. We we didn't skip. We skipped that part. And so in the late six hundreds, back to the

mystery of central banking. Um, England was going to war with France and they needed more money, and you can't just go create more silver or gold out of thin air, and they didn't have it. So a group of bankers, so at the time, kings would borrow money from the rich people, and they'd borrow money, typically for social programs or most likely for war. And so they needed money for the war, and so the so the king said, hey, rich guys, we need money. We need money for this

war with France. And the and the rich guy said, hey, okay, sure, no problem, we got you, We got your back, don't worry. Here's what we're gonna do though, Um, we're going to give you as much money as you want. A matter of fact, we're gonna give you an unlimited supply of money. And they're the King's like, wow, that's awesome, great, cool, let's do it. And they said, but here, here's the catch. Here's what we're gonna do. We're going to create our

own bank. It's called the Bank of England, and we're going to create our own form of money, our paper money, and we're going to give you as much of that money as you want. The catches is that you have to tell the people in England that UM our bank is recognized by the crown. UM, it's by the government. We are the only bank, and they have to use

our money. And if you do that, you tell them that our bank is the is the bank they who do use and they have to use our fake money, then we'll give you as much of this fake money as you wanted. Which, when you understand it said that way, it sounds like a big scam, doesn't it. And if you think it does sound like a big am, than you are onto something. And of course so the king said sharifying, okay, your bank is I recognized. We use

your money, and they'll take more of it. They got all this money, they went into the war, into World War one UM, and they printed all this fake money. They didn't have enough gold um, which was the real money. They printed all this fake money, and then at the end of the war they didn't have the money they needed. So the money supply went up, it expanded, and then the money supply shrank and it went into a massive depression that led into the Great Depression in the United States.

I want to talk to you the rest of the way, the way through this, We're gonna skip forward and show you the problems that we have today because the UK, the Bank of England just broke this week. China's running out of money, Japan's running out of money, and yes, even the United States is running out of money. That's why the price of everything are dropping. The money supply is decreasing. So we're gonna talk about that and more.

You're listening to the Mark Moss Show. We talked about the decentralized Revolution, trying to explain to you the way the world is changing right now, and you better be prepared. I got a whole lot to cover when I get back, so don't go away, all right, Welcome back. You are listening to the Mark Moas Show, and we are talking about We're talking about the world changing right before your very eyes. And if you're not paying attention, maybe you don't understand what's going on. So we look at it

through the lens of politics, finance, and technology. And today we're talking about the financial markets. Um, they've broken this week, and we're talking about how we got here. So what happened is uh, all this gold was needed to fight the war. The United States basically stayed out of the war. It was all happening over in Europe, and so England and France and Germany, Russia, they're all fighting, they're all

destroying each other's um countries. The US is over here um getting rich because we have all the we can make, all the food, we have all the energy. We're selling all this stuff over to Europe, and so as we're sending them all the supplies for the war, they're sending us all the gold. And at the end of the war, the US, at the end of World War two, the US had all the gold because they stayed out of

the war for the most part. They got engaged later, but for the most part, and we didn't are the war happened in Europe, so the United States didn't get torn down, we didn't get d industrialized, so we didn't need all the money to rebuild everything. But over in Europe they destroyed everybody's countries. They spent all their gold, and now they had to rebuild everything, and they had these massive debts. So the US ended up with the majority about of the gold in the world at the time.

And so they said, okay, hey, here's the new standards, a Breton Wood system. The US has all the gold, they'll create the dollar peg to the gold, and uh, we'll create our own currencies, but will peg them back to the dollar. Now, the dollar, being the reserve currency of the world, has to supply the dollars to the world. Remember, the more money that comes out, the more we have booms.

When the money supply contracts, we have bus So the Federal Reserve starts printing money, they start shipping these dollars all around the world. The problem is that it's a balance. As we talked about, right, when you create more money, when you increase the money supply, that's called infla aation, all right, when you create inflation, when you inflate the money supply, yes you get growth. Yes you get economic booms.

You also get inflation. You get both because now we have more money chasing goods, and so the prices of those goods go up. Now, if hypothetically, if this is what this is what the central Bank dreams about, the federals or of dreams about, if hypothetically we could I say hypothetically, it's their goal. I say hypothetically, cause we never get there. Hypothetically, if we could increase the money supply by two percent, per year. That's their goal to

percent inflation. And we could grow the economy, meaning the grow the amount of goods and services being created by two percent a year, then we wouldn't actually have inflation. We would be just we would be created more money at the same rate as goods and services. Would be perfect equilibrium. It'd be utopia. The problem is, there's no such thing as utopia, and that's not how it works.

And so we get to the situation where they're having to print more money and more money and more money, but we're not getting the goods and services to grow along with it, and we get inflation. So inflation gets too high. Well, we gotta pull back on the money supply boom, we get a crash. Everything crashes and no one can afford to live. We're in the Great Depression, and so okay, well, let's let's print more money. Against we print more money again, things start going good again.

We're going to another big boom. Houses are being built, cars being built, businesses are being formed. Uh. But then we printed too much money more than the goods and services, and so we have too much inflation and we have to pull back on the lever again. Sound familiar. That's exactly where we're at today. Inflation is raging high because we've printed way too much money, and now they're pulling

back on the money supply. And you're watching your retirement account drink, you're watching your home valuation shrink, You're watching everything shrink because they're pulling back on the money supply. Now, if this sounds a little bit insane, you would be correct. It is absolutely insane. As a matter of fact, nobody should have the power to do this. Nobody should have the power to um increase and decrease the monetary supply um just arbitrarily in my opinion. Anyway, Now, this is

the most important situation in the world right now. All right, the bank Ammadians broke, and I believe the central banks around the world are also going to break. We're witnessing the sovereign debt bubble. So let's kind of go through this a little bit to kind of frame this up. All right, So before we go through that, I mean, we can just see all here we go. Let's go through this, so to kind of frame this up a little bit. Um, Like I said, you kind of have

to understand the central banks operates. We've kind of gone through that. The goal of the Federal Reserve, the Central Bank is is two things, stable prices and full employment. Now I'd say they're doing pretty bad at both of those. We certainly don't have stable prices. When the price of your home and the price of your stock goes up by it, that's certainly the opposite of stable prices. Um, But that's what their goals. So they're they're they're effectively

failing at that. Now. What's happened is, again, um, we had way too much money created, way too much inflation. So the central banks, the feder Reserve, they start raising rates. Right, they're tightening monetary system now. Because we live in a debt based monetary system. That means, you know, you hear about the central banks are going to print money. They don't really print money. What they do is they lower rates. Because we're in a debt based system. Money is created

through debt. So when you go to the bank to get a loan for a house, a car, a boat, whatever, that money is created into existence. Money is created into existence when you take a loan. So when they start tightening things, when the Fed starts are raising rates, you hear about this. They start raising rates well then people borrow less. Less money is being created into existence now all told, from about one um, central banks printed or

pumped in about ten trillion dollars into the system. Right, so you get all this extra money chasing the same limited amounts of goods at the same time, you get all these supply chain disruptions to get less goods. You get massive amounts of inflation. Now we have witnessed both the central banks, and so the main central banks really would be like Tier one central banks. And so of course the Federal Reserve sits at the top of that.

The reason why the federal reserves is to the top of that is because the dollar is the reserve currency of the world. About eight percent of transactions are in the dollar currency, so it takes up with that. As a matter of fact, the USD is involved in over ninetent of currency transaction, the Euro is involved in twenty of currency transactions, and the Japanese yen is involved in

about seventeen percent. So those three banks, the FED for the United States, the ECB, European Central Bank, and the Bank of Japan are the three main banks. Bank of England is the next one. They're the fourth one in line there, and so they've created way too much money, and so they had to start raising rates. And what we witnessed is these knee jerk reactions. I said, I've said it before. If you tune in regularly, UM. If you don't, you should. UM. Also you can check me

out on YouTube to search Mark Moss on YouTube. And I put these shows on YouTube on my Market Disruptives channel if you want to watch me and listen to me at the same time. And so they don't have the precision of a of a of a surgeon with the scalpel. Instead, they just have these knee jerk reactions. And so what we witnessed is that they they dropped rates at the fastest rate in history. They didn't do it orderly, they didn't do it intentionally, they didn't it thoughtfully.

They just dropped them as fast as they can. Let's just get the quid in the system. And then instead of adjusting when they were getting them the moves they wanted, they left him there for way too long. And then what we're witnessing is the three of the three of these main banks now are going through a monetary tightening cycle at the fastest rate in history. So It's not just like this orderly, thoughtful decrease and then a thoughtful, orderly increase. No, this is a panic. It's a panic.

They have accomplished moves that would typically take about three years to happen, and they've done it in months. All right. The problem is is that we're in a debt based system. So all the governments, the United States, the UK, the EU, they need debt. Right, We're all spending more than we make. We run these deficits and so we need to keep borrowing money. But when you increase the borrowing rates and then what happens, things start to break. You can start

not you're not able to afford those things. Now, if we look at the United States, for example, we've seen the two year treasury that's the that's the amount of interest, the pay go from zero point to five percent to four per cent, and the SMP dropped from thirty six. Oh man, I got a lot to cover. I'm trying to talk really fast. You're listening to the Marktmas show. I'm explaining what's going on in the world and how this debt bubble is bursting. I got a lot more

to cover when I come back. You do not want to miss it. Don't go away, all right, welcome back. You are listening to the Markma Show, where always talking about the decentralized revolution, the way the world is changing right now before very eyes through the lens of politics, finance and technology. Today right now we are talking about the Bank of England has broken. That's what we're talking about.

And I was explaining how we got here, and basically what we saw is in the UK, the government United Kingdom which has the Bank of England that runs it, uh, they broke. And basically what happened is again they they they ease situations by dropping rates at the fast rate in history, and then they raised rates at the fast rate in history. No big deal, let's just panic and see what happens. That maybe something will break and what happens.

At the same time, the UK government switched the parliament switch and so again we have to look at the political side. And so Boris Johnson stepped down and we got a new person in of course, that's Liz Trust. She's come in and she's determined to of course make things better. Who wouldn't want to make things better? List Trust, the United Kingdom's new Prime Minister, UM unfortunately came in and took over a very difficult situation, a time when a time when these debt bubbles are blowing up, and

there's really no choice. If you don't keep pumping them full of money, they deflate, and if you do, then you keep getting um hyper inflation. And on top of that, they've created all these insane policies like getting rid of all our energy, and that's part of why, or really it's the main reason why we have so much inflation. Now. She came in fired up, she's ready to make a change, and she announced the largest UK tax cuts in fifty years. Now,

I think that's a good it's a good thing. UM. Cutting taxes will leave more money with the producers, the people that produce wealth, and you'll get more wealth because of it. The problem is when they're already in such a major deficit in debt, it's very difficult, your your backs against the wall. And so even though I believe it probably have a better long term UM result for them, short term it hurts a short term it cuts their revenue.

The estimated costs is fifty billion dollars of revenue that they're gonna lose on top of it at a time because energy prices are so high, because of course they've chosen not to get their own energy out of the ground. Now they're they're changing that right now. But energy prices are so high that businesses are shutting down, households are running out of money, and so they've agreed to subsidize

those and that's an extra hundred and fifty billions. They're gonna lose fifty billion in taxes and they have to pay a hundred and fifty billions to subsidize the high high prices that they've caused. So it's a serious problem that they're in and there's really no easy way out of these things once you get into them. In the UK they have the serious inflation problem and this balance

of payments problem. Like I said that the sore and energy prices inflations at double digit levels in the United States were just over eight percent, well that's per the official number, much higher than that, but in the UK they're over double digits, the worst that's been in forty years,

similar to like what we have right here. Their their currency has lost twenty percent of its value to the US dollar, and so the Bank of England, which is the central bank for the UK is stuck in this rock and a hard place, the same all central banks are. They they backed themselves into this corner and if they failed to raise rates aggressively enough, then inflation is going to continue to raise on as their currency los device.

So that it works both ways, so as the currency is losing value, the currency is buying less goods and services, the inflation goes up. So those those work opposite, right, So as prices go higher, what it really means is your dollar or your currency is buying you less. So the currency is crashing, prices are going up. It's really the same thing. It's opposite sides, makes sense, and so they start raising interest rates to try to shore up

the currency and bring inflation back down. But the problem is is that the borrowing costs gets so high that the country's public finances are even worse. And so what happened is as it started crashing, the currency started crashing, the bond market, which a lot of pensions are in the bond market started crashing. So all the people that are planning on retiring in the UK one day that have their pension funds in there, they were all going busts. People were about to lose all of their money, and

most likely they will. It's probably gonna happen to you in the United States as well, So take this as a warning. You have your money, your retirement Where is that money? Where is your retirement account? Most likely, if you've listened to your financial advisor, it's six stocks, it's bonds. Where are those bonds? That bond is dead? Who has that debt? What if they can't afford to pay you? Then it goes bust? So they have some of this,

some of these pensioners have. There's debt in the Bank of England, I'm sorry with the UK, and it was all going bust and so the UK had no choice but to step in and to start to pump it back up. They had no choice, which is exactly what the United States will be forced to at some point as well. The problem is is that the Bank of England is the first major central bank to be broken

by the markets. They had to announce that they're going to begin unlimited, quantitative easy, unlimited money printing into the market to support these UK bonds. So now they've basically, as I said from the beginning, they've pushed their chips all in. We're all in. They said unlimited. We're going to do unlimited to support it. So that's good, right, The sovereign bonds dropped, the yields dropped, and the dollar, or not the dollar, their pound, their pounds started rallying.

It we have the support from the central bank. The pound is rallying. It shows that it's liking that all right. But what happens from this point is absolutely critical because they're all in. So if the yield on those UK bonds start going back up again, and subsequently the British pound starts collapsing again, it means the Bank of England

has lost all credibility because they're all in. So we would be talking about a major central bank for a developed nation losing credibility with the markets now at the point of this recording, right now, it's too early to tell this just happened. But this is the most important situation in the world right now. I'm gonna say that again. This is the most important situation in the world right now. If things go south from here, the UK is gonna go bust. What does that mean? What does that mean?

We're seeing, we're waiting, we're witnessing the British pound falling so fast that aclin is um, we'll say worrisome to think the least that they've said they'll do whatever it takes. Now, you would think by them saying that would actually have a bigger impact, but it's not. Now some of you might be asking, well, it seems like stocks rallied this week,

and they did, so why did stocks rally off of that? Well? One, I think investors foolishly think that the Bank of England, if the Bank of England was forced to pivot from their tightening um and they're gonna start easing, pushing the market back up, then the Fed is probably gonna do the same. Right, everyone's waiting for the Fed to pivot.

When will the Fed pivot? Um? And I don't I don't know if if people think that's a good idea to go along stocks when central banks are literally on the verge of losing credibility because if they don't, if this doesn't work, this whole system is coming crashing down. Now. What's interesting is, as this whole system is about to come crashing down, Bitcoin seems to be whole en up pretty good. As a matter of fact, Bitcoin is um

kind of pumping on the news. I I don't like to use the word pumping because it's not moving by a whole lot, but it seems to be responding favorably to this. Now, you might remember that bitcoin was created in two eight at the Great financial Crash. In the very first line of code that the creator sat Toshi Nakamoto put forward, he put a message in the code and he said, the Chancellor is on the brink of a second bailout. It was created specifically for the crash

of two eight. And here we are the crash of potentially maybe it, maybe it might last. And here we have Bitcoin ready to go. Now, as the central bankers start losing, continue losing credibility through at the end of the rope. Now we're already seeing them collapse in Lebanon and Argentina and Peru and Ecuador and Sri Lanka. We already seen them collapse on all those those are tier three, tier four. But when it happens in the Bank of England and a tier to central bank, people realize the

game is up. How about we have a system with no central bankers, with no one's ability to inflate and deflate the money supply at will and that's exactly what Big One is intended to do. That's what it's here for. You've been listening to the Mark ma Show explaining to you what is going on. The most dangerous situation in the world today, the Bank of England is breaking. Get better, keep your eye on up because it is going to affect you no matter where you're at in the world.

And that's what I got. Thanks so much for listening.