To go on to permanent quantitative easing money printing as far as the eye could see without stopping that was the bottom the the the recent bottom and big going around 3300. 00 thats when that statement came out then folks started to look around for hard Money Solutions money system gone awry and of course are going to look at 2 places gold and because what the gold bugs dont seem to appreciate. Made hard money fashionable again and that halo effect as spilled over to gold if it werent for big coin there would be no current rally in gold into gold bugs have no gratitude whatsoever they continue to hide in their in their shelters and dont want to come out and talk to anybody and its really i believe this airs on 4th of july nevertheless it is the week before things i suppose be our Independence Day and this is liberation and this is the original goal. This is like liberation from these Central Banks from these monetary insane policies 0 and i want to look at an analogy here because we like to do that compare it to other stories in the Natural World heres a headline from the United States down on the gulf coast of america so from louisiana down to the panhandle of florida dolphins are dying at an alarming rate along the gulf coast no one knows why scientists are puzzled by a disturbing trend in the waters along 4 gulf coast states almost 300. 00 dead and dying dolphins have washed ashore since february about 3 times the usual number i would say its concerning and bordering on alarming primarily because its a group of dolphins that have been impacted because of other unusual mortality and that scientists are exploring several causes including the lingering effects of the Deepwater Horizon Oil spill in 2010 to skin lesions on many recovered dolphins that indicate fresh water exposure it could also be chemicals pollutants are a combination we have these historic careens to the midwest causing mass run off into the gulf with all the fertilizer and we have the deepwater horizon and there all of these toxic chemicals all this talks of money printing on one side all these tough toxic chemicals being spewed into the gulf the nature and all these dolphins are showing up dead and they dont know how or why they just like what is going on here is a recurring story we have covered for a while the corporations where theyre called externalities in the Energy Business whether its the Gulf Oil Spill the penalty for b. P. Was a slap on the wrist effectively and yet theyve caused an enormous ecological disaster and its not a one off event corporations particularly in the Energy Industry cause spectacular ecological devastation all over the world but they dont want to pay for it they put that cost on to the Balance Sheet of the taxpayer same thing in the fracking. Industry same thing in the pharmaceutical industry they want to make a quick buck the crisis of having 70000 dead oxy cotton that x. Last year thats borne by the taxpayer not by the Companies Selling the oxycontin valve that brings us to Central Banks to a toxic futile called. Money a futile and by the way is a word i just made up but i think its appropriate because its whatever i say goes so theyve got this toxic its called money and it turns sensible Accounting Practices on there so that whenever a corporation commits a major crime whether its jamie diamond or b. P. They get bailed out and the results are predictable global eco financial catastrophe when you spew a whole bunch of fertilizer into the gulf when you spew a whole bunch of oil and all of the member they greedy and so were thrown on top of the oil into the cracks it corrects it so when you spew all of that stuff into their you dont need a science degree to figure out that nature is going to be destroyed the same thing here with the money printing they keep printing money hiding all the bad fraudulent debts from the banks from the big banks on wall street from the big banks in europe and they keep being confused about why was trump elected why did gregg said happen why are the yellow vests upset here in San Francisco why are all these Homeless People on the street i just dont understand it and they keep on acting really stupid like everybody else out here who has no economics degree can see whats going on here some headlines from the past year from relating to the fed says kashkari says low wage growth is big conundrum another c m b c headline the jobs conundrum continues how are we not getting. Higher we didnt is right so its denial of climate catastrophe and we have denial of sea out money catastrophe and these 2 things are source at the same place and oligarchies of climate and fear out money polluters who are in bed with our lawmakers who are hell bent on destroying humanity and civilization as we know it for a quick buck theyre taking consumption that would have taken 100 years of 200 years of compressing it into 24 months with the out is catastrophic effect of making earth no longer habitable for human beings of course were at a big conference so a big point solves this problem by bringing our money back into the economy and making everyone accountable thats similar to a Gold Standard we used to have which made the countability fashionable 100 years ago but it makes it 10 times better because it happens every 10 minutes every 10 minutes every single transaction thats ever happened is audited and everyones got to account for that transaction and the money retains its purchasing power Going Forward it does you cant print it away and the result are accountable participants in the society and we are at the cusp now of a major breakthrough the banks are going to be distant to mediate at the Central Banks are going to be distance or mediated everyone who cant figure out how to add 2 plus 2 is going to be just intermediated the climate deniers are going to be obliterated the money supporters are going to be obliterated its going to be a frickin bloodbath there which is were way overdue. I might also add at this conference in San Francisco put on by big magazine that Edward Snowden was skype in and he said something that i think is probably a revelation that hadnt been said before which is that here is when when he 1st transferred he uploaded all that data he took from that i say uploaded it to a server and he paid he had paid for that server with bitcoin because he knew that the surveillance state that if he had done it on a credit card it would be true. And i say might know that you know there is an agent server and uploading these documents so you pay for his server with decline so that was the 1st that ive ever heard him say that right amazing revelation is showing up big going transform the globes discussion about surveillance and look people ask me all the time what if the government outlaws because im in they dont understand because they dont understand law the law is made by those who by the law laws are paid for laws are paid to play any everywhere in the world yes you have the constitution and the bill of rights which were anomalies because they were done in the Public Interest for the public we the people but the spend eroded our horrifically over the past 10240 years now were at a global stage pay to play for a law 100000 by a congressman in america thats pretty well documented you can change a lot in time you want to he who has the bitcoin makes the laws you speak who has the gold makes the law he was the big point makes the law the Big Point Community now were heading toward multi 100 billionaires and surely theres we can buy any lawmaker we need to pass any law we need dont tell me theyre going to outlaw it because. Money talks and senators are happy to take it well they cant outlaw it because its open source money and open source money following natural law and natural law always wins in the end because its proven as news on my high i said here at the conference that if any system whatever it is does not follow natural law it is fragile and unstable so thats why we see the global food currency system collapsing its not any sort of Conspiracy Theory or where shareholder nobody wants chaos but the fact is it is unstable by the very end builtin nature of it doesnt have an interest law so therefore it will unlike hierarchies dont exist like that you need. Elite. Pyramid whereby all the money is printed for just one small group of people and everybody is shocked the very same elite are looking round i dont understand why all these people are rising up i dont understand why theyre buying gold and buying big point i dont understand why they dont love our system right exactly right that was a brilliant speech by me shes in our series to the moon shes been a guest on our show a few times and the discussion about natural law as it applies to alienable rights that are codified in documents like the constitution applies to money in the form of big going and its the soft version of my edict that no congress can be brought before the french revolution there was a system whereby it was a bribable system it was a corrupt system as basti out would say a corrupt system run by corrupt people is corrupt but the fact is. What we did when we overthrew the french kings and the aristocracy was we we restored natural law which is that we have an alienable right we you are as good and powerful and right as a king and no king is better than you and the same thing has happened in the us where we have we have to do a separation of the state and money because the fact is there is a divine right granted uniquely to bankers to never ever have to suffer any loss and everybody else has to pay for those losses and thats the same exact situation that you had before and i dont think its corruption well last you might be able to pay off for in the short term but in the end of the day i think it will collapse actually point and on alienable rights as applies to money and the idea that you have to separate the state from money thats a very key point and big point allows that to happen so in the last 10 seconds here i just want to quickly turn to one headline trickle down theory powell chastises praises themselves powell is out there a drone pow. Out of the bad he believes now all his money printing is trickling down so hes encouraging the people not to rise out. Well weve heard that story before and it doesnt ring true pal you are fake is. Going to have a lot more coming away dont go away. Join me every thursday on the alex im unsure when ill be speaking to get a feel of the world of politics sports business im show business ill see you then. Please. List slim clay. Looked. Very well now continue watching on since last. Welcome back to the kaiser a part time to Peter Mccormick who is well known in the space peter welcome im max how you did fantastic what i wanted to talk to you about 1st of all is about journalism general now in the United States and around the world there was a trend in journalism what you we saw with writers like. Tom saying Norman Mailer they became immersive in their topics and they they took the approach of being like im just going to write what i see im just kind of walking into this thing George Plimpton and the u. S. Wrote about this he became a professional Football Player now you my view youve taken this similar approach he said look im going to just going to write what i see document whats going on here and is that a fair characterization 1st of all of your approach and what have you discovered yeah so i think thats pretty kind of going into this place so hes coming but my show is going quite quickly and i just found stories i want to get into the mt gox one really wanted to get into that and im quite interested in whats going to happen and. Looking back at segway but in doing so you come across people who become very hostile if you took certain people you cover certain topics in the way they dont want and also ive also wrestled with people saying youre a journalist you have a responsibility or you said this or used to say im just a content producer now i accept im a journalist but i dont think im a great journalist because i dont i dont necessarily spend all the time fact check in with putting all the. Journalism in the spaces is interesting because its not really something thats been with it from the beginning its usually been technologists and has been you know hackers and this idea of a journalist in this space is a fairly new concept and a lot of people i dont i dont think they understand what journalists do you know. You know ive seen some of the feedback people being critical about even interviewing certain guest you know the role of the journalist is to. Talk to people that are noteworthy you know let the audience see what they have to say that doesnt mean that you yourself are necessarily endorsing whats being said but thats not the point that journalists are are are in are without bias ideally yeah i mean i do have a bias i have a big point of a big point cash. One of things i really struggle with those when i do an interview i hate just what people say oh youve given a scammer a platform it really bothers me because nobodys ever given a platform there for an interview and i think this undue pressure on people and also i always return to them say well Louis Theroux you mean you know interviews paedophiles and repairs and murderers hes not given them a platform in the u. K. Hes a brilliant journalist and that he plays that burris thing if you will of kind of walking in and saying. Some children about you know looking to tell us some details about that but moving into some of your work specifically the mt gox work i thought i mean i follow your work and i thought it was kind of a seminal moment because a lot of people talk about you know if you get on a plane and you went to tokyo and you interviewed all the Major Players and so what was that like what did you discover about what mark a palace i mean you talked to him what was that like when he came around as a strange set of circumstances what happened was ive been trying to get an interview with mark for about a year and he did an a. M. A. On reddit reply and he said yes and then i can get hold of him i didnt do it and jed was like Start Talking about my own going said some things that were controversial war that people before i mention its a mark of coming to an interview so i flew out to tell you i did that interview and then what happened while some other people got in touch i thought actually this is going to be just 2 separate interviews i can package 6 things up and make kind of a series out of it i guess im what i found out about it is just. A business that was insolvent probably i cant confirm that but it sounds like he did and i think. A lot of anger towards him but i think rather than being any kind of scam i think it was more just out of his depth you know we still have extreme has been had today by now recently you know we have years of seeing the times thats how it so happens and exchange struck me so its not surprising it happened to mt gox and i dont hold any malice to marco but its actually quite light. So you met with them and you found him to be a person of all somebody and that comes through in the interview and i think thats a valuable document balance good you know Flash Forward to whats happening today because you really hope these nests if you will the 3rd rail is like you know heres a guy. Seems on in and hes a bit out there you decided made a choice you know what im going to take this guy right full on what is the status of this now a lot of people in the back story to this so what happened walls. Of papers 1st toddler not a popular character in the space and hes got the little astronaut helmet on and he said he loves twitter me yes and i saw the papers and i thought the best thing is for this to become public not one agree with me by the way but i thought get it public and i can use my platform in my audience to kind of expose him so i just directly quote craig calvin i said hes not so sure hes a law as a mormon heres my address and obviously now this or me were now in a Legal Process hes obviously got his other Legal Process in the u. S. With kliman yeah were just in the process now were trying to work with all the lawyers to follow the defense ive just had my 1st bill and yes happened and its probably a bit reticent stephen a bunch of people have said like oh youre just an attention youre doing this for attention and i say that. Was it anyway i think thats ok phrase to. Be a little deeply people. Well know what youre saying but yeah but we were doing this for attention and you know. I cant deny it will benefit me people are going to my phone calls because of it but i did it more because of them was going to believe he was there which one adult sam i thought i can divert attention away and you know the whole story is so stupid and i fully expect us to so when its so yeah you know i dont always make sensible decisions like i work hard on the point cost but sometimes i do reckless and stupid thing things and this is one of the good things about ive still got a yeah but once again thinking im like hunter s. Thompson or something dropping acid or hanging out motorcycle gang it doesnt sound like the safe choice nobody produced great literature and great journalism. Youre producing journalism slash literature i mean well be looking at this 5 years 10 years from now and well be reading it and itll give us a literary sense of what was going on as well as a journalistic sense whats going on i just dont understand the criticism at all except that the community is unaware perhaps of what this whole industry called journalism does. But in journalism always stand up right whether they were you know whether they were journalists who might be in hong kong standing up in front of the police and you know there was a guy recently was saying dont shoot me shoot me like journalists usually tend to stand up against things a little yes this is one of the one of t