The Federal Reserve announces three potential rate hikes next year, Joe Biden can't minstrel mansion to join his suicide squad and Nancy Blowsy and insider trading for Congress. People, I'm bench brothers, is the bench Barroso. Yeah they show is banned from expressing deep, peons big tat track. What you do, anonymize web browsing, an express gps dot com, slash get to all the news in just one moment. First, let me remind you that doing online, without expressing Vps like using your smartphone without any sort of protective case, most of the time, you're, probably ok, and then there's that one time where you're playing with it in the bathroom and falls in the toilet, and it's just it's no good. You should be protecting all of your technological devices, not just physically, but also in terms of their data. Every time you connect to an uneven did network in cafes, hotels, airports, etc. Your online data is not secured, anyhow on the same network can gain access to and steal your personal data were talking passwords financial details, family secrets, it doesn't take

technical knowledge, tat somebody from cheap hardware, smart twelve Euro could probably do data is valuable. Hackers can make up to a thousand bucks per person selling personal information on the dark web. Why is expressly been well? It's got that encrypted tunnel. It creates the sick encrypted tell between your device in the internet. Hackers can't steal your sensitive data. It's really easy to use one button to download one button to fire up. The avenue are good to go really can mean it works on all your devices, so just tat yourself. The easy way secure. Your online data today is an expressive. Bbn, dot com, slash bed nets, ex PR, yes, Vps outcomes, lifespan extra three months for free expressive, gps, dot, com, slash and burn. Well, it look. As though the reality of the financial situation is beginning to sing in according to the Washington Post, the Federal Reserve made its strongest move yet for tat when inflation on Wednesday moving up the timeline for could be as many as three interest rate hikes next year. Three, if your president of the United States, generally speaking, ass thing you want is the Federal Reserve

hiking interest rates right before mid term elections, pretty much the worst thing that could happen, except for it happening in your reelect, hear yourself, but when the Federal Reserve hikes interest rates, this makes it more expensive or banks today on that when banks can take into account. When do you a law Rachel mortgage rates go up, your own rates go up, it means less velocity in terms of money flow in the economy. Work when you got it nation. The federal reserve, of course, has to raise those interest rates because you have price inflation and wage inflation and inspiring spiralling out of control people savings are worth less it's hard for people actually get commodities. Production is not keeping up with demand and all the rest of it, and so the Federal Reserve has cut back on some of that. Prevent these giant bubbles from happening. But the problem is that the statistical ramifications of that for the administration in power are usually quite dire because, whenever you ramp up the interest rates generally work in inverse proportion to the unemployed right so usually, when you wrap up the interest rates? That means that if you are a small business uneven,

digging out loans getting easy credit will. Now you have to consider the fact that Loans are more expensive than my meaning to cut back a little bit. Might need to lay some people off so, typically speaking, you get a jump in unemployment. When you have a spike in interest rates is what happened in the early nineties eightys. We look at the nineteen two elections, for example, the rig administration in ninety, Eighty two there a bunch of of interest rate heights the interest rate Hudson the very beginning from public or were intended to create pain. That was the goal. right. The goal was to to drive the interest rates. Because we had stagflation, Democrats picked up a seat in the mid term elections in nineteen, eighty two: they they picked up one seat in the in the Senate and they picked up Twenty six seats in the house and those largely a a result of the interest rate hikes that it happened before now by nineteen. Eighty three, the economy was booming

again and the reason it was during the booming and is because those interest rate hikes had brought back into some sort of stasis. The actual equal economic growth rates are a basic We need real economic growth was allowed boom because Ronald Reagan cut regulation, any taxes and and and he lowered the end rates and now the money had a solid basis, a solid footing, but Joe Biden, isn't doing any of those things. So the likely outcome of this you're one see the interest rates spike and when the interest rate spike, your likely see an increase in the unemployment rate, Galicia, slowing economy and, unlike you administration, which was focused in and making it easier to do. Business well, solidifying the dollar. Now yours, to find the dollar, which means that credit is less cheap, but at the same time you are also Increasing regulation and increasing taxes so that is not the recipe recipe for stagnation, driven by the way understands that this is a recipe for stagnation. Is the part the bubbles the mind when he put out at the beginning of his administration, his forecast for the next ten years. economic growth in the United States he said weakening it

economic growth in the next two years, gotten some nut ITALY's, have used, it should be, and then he said, and we're gonna be growing. Like one point, six one point: seven percent a year atheling you now Inflation is a real. We really bad rate, isn't real knows exactly what he is doing. The federal reserve jumping in right now it means that they ve misread the tea leaves they thought that the inflation will not be the strong and now They got a problem. They have the ramp up the the interim rage in order to tear down the inflation. Jerome PAL has completely abandoned his talk about a transitory phenomenon based on supply chain shortages, yesterday. The rapid price increases. continued well into next year, bottlenecks and supply constraints or limiting how quickly production in response to higher demand in the near term. These problems have been larger and longer lasting than anticipated exacerbated by waves of the virus, as it were Overall, inflation is running well above our two percent longer run goal and will likely

to do so well into next year. In back He won't. He said more Natty said: there's a real risk. inflation, maybe more persistent. The risk of higher inflation becoming infringed has certainly increased idling its high at this moment, but I think its increased. Made. So according to the Washington Post that has been holding, often cooling down the economy and the hopes that the vast economic support would continue to help the labour market grow. The feathers we reiterated that for now will keep rates near zero until the labour market hits policymakers threshold of maximum employment. Well, I mean, I think we ve pretty maximum employment, considering that we have some ten million open jobs and only seven million people are willing to fill them only have more people for work Look you want more jobs available than people who are looking for the work, that's kind definition. We maximum employment. At this point, one of the problems, of course, the administration again. Is that the likely outcome of ramping up interest rates is going to be a slowing economy. Then this is typically happens. The FED has

manage according to the Washington Post, keeping prices stable and getting the economy to full employment, but combating inflation by raising interest rates can slow job market growth. Pell defended the FED thing was not the current addressing the inflation, but recent data convinced him and others. It was time for a shift in policy, yet no bleep, when you guys it for ass it there's gonna, be like four five: six percent in Vision this year, instead, its growing like nine percent to ten percent price inflation. This year has been progress in the job market, but again some form we and jobs, are missing from the labour market compared to the pre covert days. Palestine trying to blame the pandemic for this, but again it's not about the pandemic will discuss in short order. It really is about the insane reaction to the pandemic that we have seen from our guard. Policymakers. watchers, are waiting to see how the federal decide if the full employment threshold has been met before addressing high inflation, for example, powerpoints its labour force participate, Much has been slow to recover, while maybe there it has been slow to recover is because the government paid people to stay home and then basically trained people to stay home

palaces. We don't have a strong labour force participation recovery, yet we may not and for some time at the same time, may policy. No inflation is well above target. This is something we need to take into account, also If that reveal new details on speeding up the full winding down of its vast asset purchased programme to March, as with its initial amid twenty twenty two feds want the taper of support for the financial system to and sooner so they can better be prepared to raise interest rates and I'm buying all of these assets and there's no reason for them to be buying up all of these assets at these point at this point, so all this is is bad news for the binding, ministration, they're, gonna, try and spin. It is good news, but it it is a illustration and standing that the economy is inflated beyond all recognition. The federal reserve has to step in and do something about that. Stopping Joe Biden from continuing to push really really bad fiscal policy or gets more of this in just one moment, let's talk about your sleep quality. So last night I went to bed at a good

our and then my wife had wakened up very very early fray doctors, doctor's women for one of the kids well you know what that means that I really value the hours that I've got on my mattress, and that is why we need a mattress may just for us. We took a two minute: sleep was from helix sleep and they ship- that's a mattress made. Just for us, everybody's unique helix knows that if several different mattress model to choose from their soft media, and four mattresses mattresses. Grateful in you don't matched his great for spinal alignment prevent morning, Exxon, even a huge plus mattress, four plus I sleepers Felix. Even mattresses with specialised cooling technology, if you and your family, for agreed on the temperature of the firm step. So, if you're looking for a mattress, you take the closure of the map to match the mattress comes directly to your lordship for free. You know needed little mantra store and they got a ten year. Warranty you can write off for a hundred nature is great, really

is nothing to lose your and everything to gain you're spending, eight hours of your life every night for smart on a mattress and that mattress better, be good, gotta, hugely dot com. Slash men. Take that to minister cause the same way we did, they will match what customize mattress that'll give you the best of your life. Helix is often up to two hundred bucks off all mattress orders end to free pills for illicit helix sleep, dot com lifespan. That's you sleep, dotcom, slash than ok. Meanwhile, you would think that administration if they were pursuing something that remotely approach sort of the Reagan, he's with the early eighties were, was ramping up the interest rates to cut down on inflation you'd. Imagine that there are seeking incentivize possess to keep investing that, basically, their goal, to say, the business community wasn't, the resource ramping up the interest rates at this point is in order to curb runaway inflationary spiral providing a more solid basis to tell what and actually looks like, as opposed to too many dollars chasing after too few resources instead, you'll, be the right number of dollars chasing after resources should continue

one vast, because we're gonna loosen the regulation to make it pay is tat, so if we create more risk on this end for businesses in the form of less demand in terms of dollar flowing through the We went to lower risk on this head by taking away some of the tax burden and taken away regulatory burden right. That would be the deal and that create a cell. Growth, written the economy, where it's not all fungible and created magically by the government and sent me Joe Biden, is doing instead he's insisting that we violate all of these companies up Doyle's you, but he has all of his financial bureau bureaucrats, bureaucrat in on. How do we regulate big business? Is how do we regulate the stock market? How do we regulate people and, at the same time, using we should raise taxes. Anything spend more and more and more money on various social services, which creates an inflation of its own Inflation can be great and a couple of ways, and one of them is the federal or that it is the federal government essentially borrowing money and then just spending enormous sums of money as other fellow

serve to indirect quantitative easing. It is instead the federal government borrowing lots of money via the federal. Then blowing it out that way to the citizenry Asia. Nobody is not stopping on all of this Joe Biden yesterday said that he is still hoping to pass build back better. They they lie that here two trillion dollar bill. It's not it's five trillion dollar bill. They say that they hope to push that through by Christmas. Nancy blows. You for one is very optimistic about all of that. She says you know if we pass bill bacteria We're about inflation. Don't have to worry about anything, we'll take care of all your problems. Years, Nancy Pelosi clicking and clicking away at lower cost at lower cost of childcare. Lower cost of health care at lower cost of food and lower cost in so many ways that are essential to America's working times. The very issues that people struggling

the kitchen table to figure out how we're going to pay. The bills are very issues very frightening things that people have trying to go to sleep at night, how we gonna pay the bills well built that better helps you to do that. I know bill back better helps you the cost of virtually everything, including child care, and when she talks about childcare she's in wanting to subsidize particular type of childcare, but we're not going to subsidize another type of childcare, in a regulated pretty heavily. So the cost of childcare for a lot of family don't feel like sending their kids. What government daycare centre backup, is actually an arise. Pretty precipitously me well, Nancy those who continues to praise Biden and pretend he's doing an amazing job we cannot have Jerry delusional morons running the country? It's just. It is not a good solution to our problems like the level of incompetence. This is the thing that that it always boggles my mind boggles my mind. If the levels of competence, the staggering levels of competence you

saw in government is on any other area of life. You would ever delegate power to the people in the US. areas of your life if you went to the doktor and every time you once the doktor misdiagnose do and or provided ray surgery that made you worse than your before you'd stop going to that actor If you went to a lawyer and every time you want to that lawyer, you ended up in jail, you will not that water anymore, and yet you go to these politicians. Replied you thirty, seven, basically vegetables, who spent all day figuring out solutions to problems that don't exist or solutions that make the problem significantly worse. And you want to give them more power. Your solution is to give Nancy Policy and Joe Biden more power by the way, I feel just across the board, not just republican democratic. Why do you want these people to have power over your life? The only person who usually power to somebody who doesn't want to use it. The first politicians should be somebody who doesn't want to be in politics, Because if you want to be in politics, this means one power over other people's lives. People should be reluctant

How they gain power. It was real it's about how they use power, the only politician, you can trust. Is one promises not to do anything or to give power back to you, but anyone who claims that solve your problem, leniency blowsy and Joe Biden, do I like how many republican politicians their lines you they can't? They dont the power to do this a little bit of epistemic humility, would be a nice thing around here, a Frederick higher, famously wrote when it came to it annex it when you centralize all power in in certain pairs of hands. What you are doing is your actually up with people with a fraction of the knowledge of the generalised market running the entire thing right. If you, if you were to use these sort of centralized economics is of the Soviet Union. You basically have seven people in a room of the com. Here and there the commissar were sitting together at the top of the economy the rules for everybody. Why doesn't that work? Even if there really high you, because their level of knowledge is not as great as the aggregate knowledge of the entire society, this is true across politics. Why, in the

old. You would have a group of people who could not run a popsicle stand figuring out for everyone else, how the economy is going to run high. Your life is going to run how you're gonna take care of your family. It is. It is on comprehension, habit, but of humility, about the fact that there is a sister but you do not run and that no one runs and has been running for hundreds of years in terms of how people actually run there individual lives and interact with one another. You don't come all it and attempting to rationalize that into a set of rules whereby a group of of he leads is going to run everything using the set of rules. It's pursue Stupidity, its idiocy, the famous ass for Michael O, shot suggested that that to try and and pretend that a group of rational rules made up by a group of people sitting in a room and ensured boiling it all down to paper that those people are not capable of Greece asking the complexities of the universe. You're not capable of can, but no one is capable of complexity of grasping

complexities of of the economy of human interaction, and yet you want to centralize all that the p brains of people like Nancy Policy or them firing Ronald connections of Joe Biden on them, understand. I really will never understand it will get Joe Biden, trying to ram build that better through in just one second John Action is standing in the way. First, we know that you want another night. Sleep very told you about matters. You need a great cheat on their mattress and we are putting together your entire bedding when right now here on the shop, you don't just need a great matters. Maybe you need a great satisfaction home at the best sort of sheet bull and branch. They are the best cheats there. The sheets than my wife and I use that she's really put our kids beds at night. There just terrific and they have better ages. All branches are incredibly comparable. There really breathable, and sometimes by a set of sheets and feel that can sticky and went grubbing up by illegal. It's kinda Canfield's gross, not bomb branch ball and branch man. It's like sleeping in the sheets made from Heaven.

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where he had seen it Joe Mansion. Throughout this entire process, he felt like an american tourists in China. I liked the rude american tourists in China, where nobody speaks his language. you just as it louder and still nobody thinks his language they just as a louder where is the bathroom you're like no understand where is the bath, but this was a man who has been doing to the Democrats in they refused to understand. The difference in this scenario is that your mansion isn't through tourist he's the only person speak The language of the rest of the people is the Democrats who are out of control, so keep saying I'm not bending this kind of money. It too much money DA inadequacy of Romania. Kick him think I'll do it and the meat meal dramatic? Maybe you'll break the filibuster And then your minds, like there's a museum, drag Mcclaren Bobby as your marriage or mansion in German and

I strongly dimension, does nothing dimension is like then get back? I'm a houseboat after this and go back down West Virginia where jobs lost by one million points he's currently underwater by like forty points and I've got a way to those people why I felt it was vital to vote for a two trillion dollar bill minimum anytime, of massive inflation or my people don't want this bill. so yeah they run into an impasse. There's a shocker is shocking at all by the way donations only hope of staying in the Senate is being the Democrat who stopped Bilbil better. If used I'm having voted ripple that better, then he's just chuck tumor in was Kenya, which means that of job. According to political pensions are boiling over as discussions finishing Democrats, one point: seven trillion dollar domestic spending bill drag on between them: information legislation looks increasing likely to stall over the impending holiday break, prompting I'd himself to bemoan the slow pace while the Good NEWS is that you cannot just tell Joe Biden that it's the middle of May twenty twenty one who believe you mentioned

frustrated on Wednesday when questioned about whether we oppose the provision of bill to extend the expanded child tax credit, deeming those queries both in denying any wants to end the three hundred dollar monthly check many families receive, children that provision inspires Democrats had hoped it would drive a year and deal instead by amendment and don't appear particular close to clinching anything engine is suggested, pulling the child tax credits from the bill publicly, mentioned says he doesn't opposed it acts credit you just saying you don't get up, you'll wrap it up in the sandwich made of crap and then sell it to me. The talks with you I didn't mention to be going very poorly there. Far apart, the source of the mansion Biden developed a warm report this year and collaborated on several prominent piece of legislation. The plotting pace of the talks between the two Jos, straining their friendly relationship. Frustration among the White House, AIDS Mansion is high and growing and well by enlargement, personally he too has grown tired of the Yuan gated talks and will soon push him to make a decision and support the legislation according to do right. How sources yachtsman or that's good work was Joe Biden. Gonna. Do seem complementarity like

Joe go tell him am MA, am stem Vulcan for the bill, but banana do and your mentioned about- I live in Virginia. Why would I do that? One growing impatient Joseph Mc Mansion, unjust, I'm I'm I'm very impact is so I don't care you notice, whose name is completely fallen out of us. Kristen Cinema you get mansion and Cinema still would not vote for this because it doesn't mean her test either does not Joe Mansion. Mrs Kirsten Cinema, Neither I nor mansion view the likelihood this bill one passes, all twenty twenty two is damaging to. The relationship are fatal to the legislation itself. Man Friends in the Senate. Say he's not looking detained binds agenda. They may have different is about. Timing is less about whether than about when and how much said centred Cain. What those would be rather large, questions right. How much what's in the bill, etc. Like you think, in a mid term of watching your people can be voting for this,

you really like, once we had measurement watching your I'm sorry, people can be a little distracted, trying to say their seats. So good luck with this Why not a lengthy buttonholed mansion on Monday against Belgium on Tuesday, as so often, talking to bide and on Tuesday unjust waiting, I'm not charge records notches bindings, pushing mansion, center majority leader tumors, coordinating with both t, here's the thing Chuck humor is an idiot he's, a terrible majority leader. Watch him. A really could do. Is you can go back to Joe Biden? And you can say what are we shift our respects a little bit? Why don't? We actually break this bill down into a series of smaller bills that make it difficult Republicans, vote against that keep saying each constituent part of this bill has sixty five percent, we're ok, weren't! You break it down into sixty five percent approval bills, and the answer is because they can't get those past. They have to wrap it up. This way if they dont rapid up this way, they will not be able to cobble together the progressive and the radical and moderate they will be able to do it, so they have to wrap it up into a giant omnibus package, and the cap has a giant omnibus package

so the only good news here is that reality startings hit the Biden administration, having a real problem coming up with with answers on all of this, but Indeed, the answer the Democrats in will eventually come up with when it comes to all of this- is their just gonna get angry at the institutions, because when they don't get what they want, they just start attacking everything else. So they're going do they have diverted freedom, ass, an inflationary bubble. Now then There has been a crackdown on the inflation which is gonna ramp up the unemployment when a ramp up the unemployment, Joe Biden is gonna push harder on the inside, let's break the filibuster, but stay Supreme Court and change all the institutions when they don't get what they want. The answer is to break the system, may not just to break system to break private competitors and one second we'll get to the apparently new passion among Democrats for cracking down on crypto currency, because what they're afraid of him

the alternative to the dollar being manipulated by the central government will be a non manipulable form of currency without that in just one moment. First, let's talk about the fact that, as we say, inflation is dominating the country. The cost of everything is going up that includes rent, but in the your? What you're going to be seen as the FED tapers is you're losing rising interest rates on mortgages right mortgage rates are when you go up when they go up, you're gonna lose Chancery financial mortgage Ebby a great way saving money right now. inflation is going up. You need to save money, an immortal its main loves and has an excellent time to refinance. You need to check out my friends onward american financing. You'll get a free, no pressure. Mortgage review can learn about custom loans, the figure life better from Norway, to shorter terms, even high interest that consolidation they can do all of it. The currently saving customers up to a thousand bucks a month there helping many people skip to mortgage payment. Why not see what they can do for you, give him a call at eight hundred and sixty six, seven hundred and twenty one, three thousand three hundred at eight six hundred and sixty seven, two thousand one hundred and thirty three

or dot net american financing, dot net hundred and twenty one, two three four animals, consumer access, dot, Org again go check them out. Eight six, six seven thousand one hundred and thirty three hundred thousand excellent time to refinance into going to lose her opportunity. If you don't do it now, I don't know americanfinancing dot net to get started. Okay. So when you are You need to find somebody else to attack and it seems that the Democratic found a couple of things to attack thing number one is: they are going to attack pride Industry resolve its yesterday when trains hockey was claiming that inflationary spirals in meat and oil or credit by greed and private industry now by bad government policy will now it's that that many of our nations- foremost financial innovators on the democratic side of the iron ore at Federal Reserve they're very upset at the possibility, you might take your money out of the system. put it in something like that point now: full disclosure I own bitcoin, I wanna hear him. I'm big advocates for both. I think the Bitcoin is excellent. I think that the the possibility of a currency that is not under the centralized control of a government with its own people

the priorities putting some money. There is a good idea, which is why, on Bitcoin, I think a theorem, which is attempting to cut down banking systems transaction costs by creating all sorts of innovative new ways to create trust list financial system better, that that is a good thing and understand the innovation that Bitcoin represents and that a lot of decentralized finance represents is waiting now the middle man. The reason that you go to a bank is because banks verify your transactions right. You know that when you put your money in the bank, the bank is can be held accountable. If the money is gone. I do you trust the bank with joy player, money in the bank, but that also means massive transaction costs. As every time you run a credit card, the credit card company s get in touch with a middle man. The middle man than ask in touch with the bank will accelerate companies involved in every credit card transactions, which is why it takes two or three days from credit card transactions to actually clear. You know, there's villona business that just

because once wiped the credit card doesn't mean money is now in your account. Now the money has to go all the way through the system of verification. In order for the money to reach your account when it comes to international transactions, it can think like a week from internet transaction to clear when it comes to centralized finance. These transactions can clear, like that very very quickly and in areas of the world, particularly impoverished areas of the world, where he don't have it banking system. If you're in Afghanistan can deposit your money in a bank account, as there are no banks, what Bitcoin does what centralized finance allows you to have their money digitally in France for additionally instantaneously that's a very good thing for the world and it comes out. the transaction costs in the middle. The way that it does this is through the blockchain right. The blue Jane is a way of verifying transactions, because it basically has a history of ev transaction that has happened with blockchain. Verifies the these? Are real transactions because everything is is encoded in what blocks

Does it away whether your own bitcoin, for example, is by verifying transactions and we'll talk about mining? Bitcoin is out somebody on a computer with a pickaxe right, what what mining bit means. Is it you? Are you having an entire computer system that is essentially decrypting ports of transactions in verifying and transactions actually card this? How you provide some sort of stability in the transitional system now the drawback for Bitcoin or theory and more any of these other crypto currencies is that if some do you wanna get your password? They can take all of your money right. As that is not true with bank. However, that means make about her password, don't be an idiot. Don't you the same password for all of your staff and don't forget your password that, but the attraction of Crypto is that it cuts out the banking system. The attraction of crypto is that it creates a trust. Was system. What you don't have to trust the person that your transacting with- and you also don't- have to trust the bank to keep your money ready. The blockchain itself is the trust, because it is verified right that that is, that is the attraction

The other fraction of it is that you don't have a centralized government that is going to wait the currency, put your money in a bank- and then you just wait for the government to inflated out of existence right if you took a hundred dollars- and you put it in the bank at a zero percent interest rates to make the math easy back, nineteen eighty and then he took a hundred dollars out of the bank today, but we were like fifty bucks, sixty box, maybe Is it? Why did the inflation rates eat away at savings? This is not true bitcoin when you buy Bitcoin or any other form of crypto. That is worth its then what you are actually doing is you are buying a value that is not dependent. infusions of money into the system better than that the attraction of Bitcoin, and then there called stable coins, which are pegged you, for example, the value of the United States Dollar, a chicken digital form of currency that cuts out the trend russian clause and is paying the price of the dollar and show you

It is a good thing where this good alternative and it takes enormous amounts of power away from a government. This is why the governments so scared crap lists of crypto currency. They are scared. Crap was that you are going to stop like if, if crypto currency ever became a denomination in use not many in dollars, but things don't be denominated in big or he started trading in Bill Clinton, sound stable enough right now for people to really Tradin Bitcoin is one of the problems with the coin. Is that used to be that there is this concept? The bitcoin you used in transactions, rightly instead of paying for a car in dollars, you pay for an bitcoin. The problem is because Bitcoin is still volatile, because not enough people buy it and use it because of that, the price bitcoin, though go up or if you sell a car for a bit goin in Bitcoin and thirty thousand dollars today. So you're selling cover thirty grand tomorrow that Bitcoin could be worth thousand dollars and say just lost ten thousand bucks. So this is a problem with Bitcoin by its going more stable over time, as there is more more by the government, is so scared of this stuff. They are so scared of this stuff. They are afraid they are no longer going to be able to control your monetary future, their paralyzed in fear from this site

they have drawn pal over the Federal Reserve? It is amazing to me that we are willing to trust people here. Really manipulating the money supply in the United States. This is literally the job. It is not as though they are hiding a ball. They actively acknowledge that what you every day, is manipulate how much our savings are worth and yet we're was to trust them, but not trust. A trustworthy system verify blockchain there is room how rubbing undergoing in terms of one, you know the more the crypto current, these that are really speculative assets, go and see them as a financial stability concern at the moment. I do think they are risky, they're not backed by anything and down. I think there's a there big consumer consumer issues for consumers who may or may not understand what they're getting and there certainly demand

events in the in the markets that are worth following, which are really not in our jurisdiction, but things like you know the kind of leverage that pits until those sorts of things is certainly worth worth watching, by anything really. So what does the United States dollar back by what is a back by give me back my goal not backed by gold anymore. It's the pulsating credit of the United States, which is solid as long as you trust the United States, and solid is long. You trust the United States government well you know, is one thing that undermines trust in the vote- independent of the United States one. those things would be a massive national debt that is eventually gonna comes you eat up a huge percentage of our views, p every year and make it nearly impossible for us to continue operate as a free economy without massive rates of taxation or mass and cuts in social services and fulfilling credit of the United States. Like the question is what You trust more, a decentralized system where no one controls at or a centrally system, where's your own power will controls it an evolving credit of the United States

which is being blown out on a daily basis. As certain point there will be enough, country. The gets wise lowers its corporate tax rate to ten percent in just each everybody's launch truly mean that that will be like that the notion that the United States has to lead the world in terms of either in terms of sort of the economy it doesn't have to where we are massive country. That gives us certain Just now. We three hundred forty million people in it. We have this huge territorial grasp But that doesn't mean that if we spend ourselves to oblivion. There won't be. Somebody else comes needs our lunch and we are going from the fact that the chinese government, for example, has embraced the stupidest form of economics in terms of communism. Then they moved into a sort of mercantile ism. That's also a dumb form of economics, which is why there are sites growth just are rooted in the fact that this from a really really will baseline. Basically, everyone in China had zero dollars. Now everybody in China has five dollars and they had a massive growth rates.

Does not mean that China's per capita gdp is anywhere near on par with Western Europe or with the United States. The per capita gdp in in China. Right now is still really pretty low. The per capita gdp in China right now is about ten thousand five hundred bucks per year. So all the talk about how the the chinese communist regime Credit, mass and prosperity in China is not true; they just have a billion and a half people. However, that does not mean that there could not be a country that comes up in realises that all ready, for a structures, the United States to set up a garbage there are tax structures are garbage. Joe Biden has pushed a global fifteen percent corporate tax rate. If there were a country that, when you ten percent corporate tax rate, it would just so in investors, from everywhere the amount of money to flow in, if you begin property rights and a predictable legal regime in a state with ten percent corporate tax rates that place with our lunch within a decade. It is. It is truly that simple. Ok, but

unfortunately, the the. At the same time, these people are saying you should trust the fulfilling credit of the United States, and you should crackdown on the queen. Elizabeth worn is doing the same thing right. she sang decentralized finance is really bad, because it allows for illegal transactions are wars. Cash do was also One thing that is allowed for massive illegal transactions. A government based banking system essentially graded massive incentives to bail out companies who take bad risks. I mean for seriously what is more dangerous to lose The stability and health in the world economy truly, what's more dangerous, the fact that something use, decentralized, financed to drug eels or the fact that every and there's a financial crisis, the taxpayers out around the hope for trillions of dollars, which one seems more risky. Here's Elizabeth and ripping crypto. However, do you is the most dangerous part of the crypto world. This is where the regulation is effectively absent and no surprise its

are the scammers in the cheats and this one worse mix among part time, investors and first time, crypto traders shoot in deify some can't even tell if they are dealing with a terrorist stable coins provide the life blood of the defy ecosystem in defined people need stable. Coins to trade between different colors and to trade derivatives to lend and borrow money all outside the regulated banking system without stable coins defy comes to a halt, ok, so without Elizabeth Worn, overlooking a financial system, we should be scared now, with with worn, overlooking the financial system should be scared again. Why would you get these people power? Why why? Why why? Why and the answers they? the power. Of course, they desperately want the power, which is why there now pushing against their also pushing in the institutions is not a coincidence that the same day, with war and is calling for a crackdown on on decentralized finance, she's, also calling for court backing in the pages of the Boston global loans,

what institutions they care about power and mainly they care about their own power, Lydia Nancy Policy and an amazing statement that you made yesterday with regard to members of Congress and insider raining, whereas that, in a moment that the rules applied little bit you're supposed to trust them to run your financial future. They get insider freight, We have that in just one moment. First, the right now for ten million job openings in the United States. Only seven point: six million unemployed job seekers that is being worse in due to a mismatch of employers and qualified talent. Employers are having to go above and beyond, to entice people to want to work for them and that their offer like legal services or idea of protection or pet insurance love. You can relate to any of these challenges of trying to sell your team and I'm talking and employers everyday. Looking for people to work, you need to try zip recruiter right now. You can try. Fraid Zip precludes outcomes, com daily wire, zipper, Clarice, powerful technology define and match the right candidate up with your job. Then it proactively presents these candidates to you. you can easily review these recommended candidates and invite your top choices to apply for a job that encourages them to apply faster, no wonders at work.

Is the number one raided hiring site in the United States based underage ratings. Zipper technology is so affected at four out of five employers who postpones a burglar chemical, Eddie Canada within the very first day and right now, you can try zip recruited for free at this exclusive web. Address zip recruited, dot com, slash daily wire, that zipper grew job coms, leisure D. I l why w I are a zipper is indeed the smartest way to higher. Now before I go any further. Here's your minor this company, the daily where we were ready They want to challenge the Vine Administration unconstitutional that mandate and we are getting there. close to a million signatures and our do not comply petition and we're getting very, very close, because people are recognising that they need to sound off we're gonna, get to only covered craziness right now. Mercosur, considering new shutdowns, analysed you'll, have to resist you have to push back. This is what we are doing right now. With our petition. We have a goal reaching a million signatures. As I've said, we have over eight hundred seventy five thousand signatures. We want to finish this before the end of the year gets one million signatures before the end of the year. Please

If you haven't already signed a petition, a daily where'd icon, slash, do not comply and then sharp petition with everybody liked far and wide. We can get to a million but send a message so loud. The by demonstration can ignore us. They also, I am truly pumps here, we have a brand new series available exclusively at daily wire. have you ever wanted to be a fly. The wall off my conversations with my closest and most influential friends, this like seriously. This is what this is. I get to hang out with. All friends, you can see what our conversations are like usually the cameras are often the premier episode. Jordan Petersen join me for coffee. While he was visiting Nashville and we have a unique and pretty awesome conversation. Already signed here in Nashville with Jordan Petersen, Jordan spending at a time in national. In fact, I think Jordan Meno National, better. Ninety last night, you drag me to Roberts western world than you're like you're. Like that day,

die of the house. I beheld knew your looking for is a girl in the house that the terrorist plainly, how dearly alleys euros third deadly ban that I will say feel like I was a little more dress for it like I was wearing a t, shirt in leather. get in your wearing. This revised didn't have my covered boots and brought them to get a councillor. Tell my neighbours. We naturally have exactly who is really fun, be in there with you I know that that awesome urine classically train violinist. I am I am you like the music I love this minute if you're good musician or the musician he has not yet. I really know how to play on Sunday, special Islam or formal, and I'm coming in with with questions, and it is much less a kind of a discussion which into us in its much more of Just me probing in an Jordan's ideas, but this is much more like how we talk normally in Jordan, you called me: we touch them if only a month ago- and this was basically in conversation this- how we talk with him,

experts different topic, but I mean like this is this- is how we talk when the cameras aren't honest people really love billion on those conversations. Yet I think that the fact that people are going to get there Burma that Canada, the fly on the wall view these kind of conversations Brianna, so you'll be able to see clips of my conversation. With Jordan here at the coffee shop on Youtube. But if you can see the whole conversation, which really is the way you should see it, you need a head on over the daily wire dot com or check us out on the daily, whereas the wheel to see the whole thing there and its prevent asked him to go. To that out. My conversations join Petersen drops tomorrow, daily wired outcome, if you're, not a member. Yet now is the perfect time to settle into a bunch these envisage really hot worth. I have a bunch of really interesting friends and, on top of all the mafia and then we do shows were very formal and I sit there, nay interview them like it's inside the accuracy of this, isn't that what this is is how we talk me talk about our kids. You talk about our families. We talk about our wives, re gets very intimate and it gets really deep in profound. It's pretty is pretty

boggling honestly one of the great aspects, my lifestyle get to talk to the most interesting high. You people on the planet like off In private now we want to put that on camera, so you can enjoy those conversations Yucas. Honestly, some of the best conversations have are the casual conversations over coffee haven't over to daily where'd outcome. Slashed subscribe sign up today, their great you're gonna love them to the largest fastest growing conservative, Pakistan radiation, the nation, yeah. already. So meanwhile, Nancy Pelosi again, these are the people you want to leave. Not gonna, stop saying this. Stop asking these people to lead you. They are corrupt, they don't care about, you they care about their own power than convince themselves, they care about you. Ok, I'm not saying they're, not sincere, I'm seeing them delusional. They arsenal They sincerely believe that they are helping it just so happens. They help themselves around the edges a little bit too. I mean it doesn't really matter I mean if you are, they shifts to contain just a little taste and anti blows. Yesterday she asked about members our trading individual socks. Now I'm of the blue,

at once, you're in Congress. You should not be able to trade on the information they receive in Congress it because, if we're going bar insider trading for private entities our insider trading for members of Congress as because they can they, in fact, even if you to allow insider trading for people in the private sector which and I think it is a kind of libertarian case for that actually allows for free flow information, more free flow of information for market Response otherwise would be. I feel get information faster when insider trading is available, but put that aside its remit, Congress, and you can actually control policy, knowing that you can get a majority to do a thing that is to impact business in a particular ways. You short sell the business or you know that business is about to get a subsidy, because you know it's been formulating behind closed doors and you control the system, and so you are using. The power of democracy, to make yourself more rich super

we're corrupt Nancy blows whose asked about this yesterday. She, of course, has a long history of questionable insider trading issues and she was like, while we are of we have three Macrosystem hearing axis leaning, Nancy blows. You talk about what a wonderful free market system we are by utilizing government power to make herself richer is pretty vomit inducing. Here we go September. Two thousand no no to this second one, any have a responsibility to report and the stock on staff. But I dont I'm not familiar with that five month review by the people putting they should be because it This is a free market and people were free market economy that should be able to participate. In that, that's not the question. The question is whether your purchase,

in a free market economy or whether you you, you are using a regulatory power, get rich of yours. the economists commissar and you can dictate the price of shoes, and so you go abroad and you by a bunch of choosing you sell them in the soviet economy, about dictating the price. That is not a free market, and if you are a member and you're using a regulatory power to subsidize or crackdown on particular business, and then your trading in that business. At the same time, that is believable grant that is not free market stuff Is there a long standing issue with Congress? Peter Schweitzer has been has been writing on this. For years and years years, away back in two thousand twelve talked about congressional corruption. Newsweek wrote about it examining trades made around the time of the two thousand three Medicare overhauled Peter Schweitzer experienced what he called his holy crap moments. According to Newsweek, the legislation which created prescription, drugs entitlement promised to be a huge, the pharmaceutical industry and savvy masters in the capital among those special inside. On the issue of Massachusetts, Senator John Kerry, chairman of the health subcommittee of the Finance Committee, Is one of the wealthiest members of the Senate heavily invested in the stock market

final version of the drug programme neared approval when that did not happen limits on the price of drugs brokers for carry and his wife, we're busy trading in big farmer, Schweitzer founded, did a hundred and eleven stock transactions of pharmaceutical companies in two thousand three hundred and three of which were buys their already picked. Schweitzer notes the carries RO gains on the transactions were at least half a million dollars Two million dollars is instructive. Why to the carriage and try to shape legislation to benefit his portfolio, the key was that he knew exactly what the government was about to do and then he and then he spent. in order to make money from it carry spokesperson, said Senator It's not buy, sell or trade stocks. She noted the care holdings, one family trust, managed by independent trustees, further carriers a beneficiary of Tereza Heinz, carries. Trust which were established before they were married, also carries, for President Mitch Miss much of the debate, but twice says not that I think John carries calling up his broke on health currency by the company saw the company the issues one of double standard. He notes that, if the executive of car company weren't discussions at the White House, repenting legislation that would affect its industry, and then

made a bunch of unusual start transactions related to the industry. Yes, you see, would pro we open an insider trading investigation since the group in Amerika. We exempt as politicians or probably people about whom we should be saying. Oh we'll take your word for it. That's what amazing, to me and has been made your issue for years and years and years and years by partisan, issued by the way members of Congress for benefiting this sort of insider trading. Of course, Nancy blowsy things that that's the free market has a growing Nancy Blowsy using and money to do things you want is the free market, and then these the people. Do you trust with you like? Are you getting the benefit of their bargain? Are you really it. Meanwhile, speaking of Nancy Policy in her delusional policies, she made a statement yesterday, just inside just dogma, rising crime, America's major cities and these or of the house. She said: there's attitude of lawlessness in that country, and I dont know where it's coming from. Do you not? Do you not know Nancy policies? I feel, like you do or you're completely addled

the massive made their home directly in the Centre of Europe do oblongata. Here we go a fact. Is that there is an attitude of law, Lawlessness and our country that springs from I dont know where maybe you do I know I do I do it from you is from you in your and green letting riding all of last year you wildly liberal George Soros best prosecutor, aerial friends with they are going to undermine law enforcement throughout the United States. Like I know, and I anti blowsy. Does realities at home for this group and when it hits it is going to be he's up empty choices, the borough deeper into the delusion, or they can realise that your mansion is kind of right. They can realise that they deem undermine fulfilling credit of the United States. They can read, they can reckon they can recognise that have destroyed their own economic hubs. Their covert insanity and through crime are they can recognize authors or thinking just keep doubling down? Oddly enough,

we are starting to recognising its very weird. So, for example, San Francisco Mayor London Breed was not in London Bridge backs the defined the policeman five seconds ago, nl according to daily wire speaking, an oppressive. Friends on Tuesday breed erupted at the surging crime around San Francisco a here What one in breed had to say this time that the reign of criminals we're destroying our city. It is time for it to come to an end and comes to an end when we take the steps be more aggressive with law enforcement. More agree save with the changes in our policies and less tolerant of all the. That is destroyed our city. We are gonna turn this around. I mean she is one of the chief manufacturers of the bold like. That's it that's weird take

So I am glad that she's come around as it is. Where does you Rudy Giuliani, inhabit the body of a black woman that strange ashes rocking lozenges Morton Honey, talking about cutting down on crime from believable its peace. You, the more things happening. so be made a reality is starting to hit because as last year, she tried you. for a hundred million dollars from San Francisco Police Department of Social Justice programmes, so Reality is starting to hit. So the June for the democratic health ass. It is Maybe the Democrats can pull their trust in us out of the fire for twenty twenty two if they allow reality to intervene, but it seems like they're not going to allow reality to intervene. It seems like they are their focused in like a laser beam and not allowing reality to intervene. On any of these subjects right a little bit on crime? Maybe, although arrogance for in the new, and why pity, commissioner, in front of eight a mural that included actual cop kellers, which is a strain?

move by Eric Atoms yesterday in New York still it seems like in some of the major cities nature is our coming home to roost a little bit for for Democrats nationally, however, they have, I think, they're gonna have to get well. First, honestly, I think My country and I have to lose an election. They can have the loser in massive fashion. What's ironic about all this is that Joe Biden was supposed to be the guy who still steeped in Rio you're supposed to be the guy who's elected was going be moderate was going to have both feet on the ground. We're not going to run after the radical proposals of his base. An unsteady I d go as radical as humanly possible. It is truly amazing any still doing it. Yesterday Joe Biden was talking about covered and You just like ripping on freedom like openly ripping on freedom and pretty amazing, It talks about freedom and not to have a say, have a shot or have a test. Well guess what it's all about? Patriotism how about making sure that Europe vaccinated you do not spread the disease to anybody else. What about that? What's the big deal?

versatility saying right there, but he sang right there. is inaccurate: if your vaccinating, you can in fact spread the disease other people. to his own see disease contradicting zones. Pvc, but more important statement makes there is what amount for freedom I hear always fuel talking about freedom or about what about patriotism, war ravaged dismal orbit Joe. Your definition of patriotism, so far, as I am aware, consists in giving up Ghana stance the Taliban, paying higher taxes destroying businesses alike crime drawn rampant in your cities and taking shots is the definition of patriotism, according to Joe Biden. Good luck with this message truly, I hope run on this and twenty twenty two. I hope you're on this message in twenty twenty four. It seems like his the notion of patriotism, runs directly counter to the message of freedom. Those georgian to work in tandem in the United States to be free, patriotic, are supposed to be things that work together in the United States for jobs work in direct opposition, which said that he is neither free nor patriotic

it's just that he doesn't understand upon foundational principles of the United States and other countries. Patriotism runs directly counter. Freedom in the United States, they're not supposed to run against each other, but Joe Biden has a different idea if he has any ideas at all left rattling around up there, all right we'll be back or later today, with an additional hour of content. In the meantime, please, number two daily work outcomes. Life do not comply or almost nine hundred thousand signatures on our do not comply, petition and check out the Michael most. Today will be talking about some wacky protesting from high school middle school girls in Oregon. That everywhere has been excluded. The reporting on that in your more about that story, over Michael's showed as available right now. I'm bench for others has the bench Barroso if you and join this episode, dont forget to subscribe and if you want to help spread. The word please give us a five star review and tell your friends to subscribe to were available on Apple podcast, Spotify and wherever you listen to pod casts also be sure to check out the other daily, whereupon costs, including the Andrew,

then show that Michael Mole Show and the Mat Wall show. Thanks for listening, Dementia Bureau show is produced by Elliot, felt, executive producer, Jeremy boring our supervising producer is math, is clever. Your manager of a white asking associate producer, Bradford Carrington Post producer, just in barber, show is ended. Item silent audio is mixed. I make a comment to make up my fabulous, Christina Reduction Assistant Jessica grants. The venture bureau show is a daily wire production. Copyright daily work, twenty twenty one, Rhonda Santos, introduces me stop woke ACT in Florida, led more potent Rise to rebuild the Soviet Union and high school girl protest, sexual liberation by taking off their clothes at school, bone strategy. We will see how it plays out for them check it out on the Michael in all show.