But in fact if you saw it lakers and great powers and stuff tried to intervene but in fact if you saw it like over a 1000000 protesters demand chill a president s resignation over a 1000000 protesters demand chill a president s resignation hes a billionaire hes an austerity and people have had enough and is a billionaire hes an austerity and people have had enough. And weve had protests in lebanon weve had protests in haiti weve had protests in chile weve had protests in lebanon weve had protests in haiti weve had protests in egypt and spain so a lot of them are about this globalist in egypt and spain so a lot of them are about this global insurrection and get along but actually National Gives back or occupation thats really calling instruction and get longer actually National Gives back or occupation thats what we call it. Said and you know they got over there its what i call i came up with a new metaphor said and you know they got over there its what i call i came up with a new metaphor its the stone blower you know that with a stone blower in a push down or its the stone blower you know that with a stone blower you know a push down the sidewalk or the road there and it blows all the snow off to the side sidewalk or the road there and it blows all the snow off to the side. A sickly and it leaves a flat non snowed surface a sickly and it leaves a flat non snowed surface so these Central Bank Policies they blow all the money into the pockets so these Central Bank Policies they blow all the money into the pockets of the top 110th of one percent and they leave everybody out of the top 110th of one percent and they leave everybody else without anything right and they do this with us without anything right and they do this with Financial Engineering and policy initiatives its not an accident its Financial Engineering and policy initiatives so its not an accident its not these huge walls that income gaps dont happen because of some not these huge walls that income gaps dont happen because of some odd accident by design and you know we shown on this show odd accident by design and you know we shown on this show for 10 years like ok we said jamie dimon was engaged in racketeering to. For 10 years like ok we said jamie diamond was engaged in racketeering to to fix prices in the gold market to manipulate prices and to fix prices in the gold market to manipulate prices and to ingratiate and to you know in a lot of people in grey she ate into you know in a lot of people and then its finally the hes now being investigated and prosecuted and then its finally the hes now being investigated and prosecuted under racketeering right those are individual crimes and those are with under racketeering right those are individual crimes and those are with bad intent the Central Banks and the treasuries and the fact that the bad intent the Central Banks and the treasuries and the fact that the treasuries and the governments have abdicated their role in the economy to the Central Banks with treasuries and the governments have abdicated their role in the economy to the Central Banks who they believe are experts living in ivory towers those people might think theyre well intentioned believe are experts living in ivory towers those people might think theyre well intentioned but what they have created is a globally precarious situation i the end but what they have created is a globally precarious situation i the vast majority of people are precarious and they actually have to work for another ok so vast majority of people are precarious and they actually have to work for another ok so over there at the bank of england on the market it was shown that he as an individual was over there at the bank of england on the market it was shown that he as an individual was engaged in libel or rigging yes and as an individual he is the central being gauged in libel or rigging yes and as an individual he runs the central bank so theres a few main Central Banks run by individuals and theyre committing fine. So theres a few main Central Banks run by individuals and theyre committing fraud crime starts at the top as would say and trickles down thats the trod crime starts at the top as would say and trickles down thats the trickle that the system itself is rigged and therefore anybody who has the system itself is rigged and therefore anybody who has a job within that system or functions in that system will become corrupted powers a job within that system or functions in that system will become corrupted by that fundamental layer that is the corrupt Monetary System and here by that fundamental layer that is the corrupt Monetary System and here for example in chile and why people are protesting here why i believe they are genuine pro for example in chile and why people are protesting here why i believe they are genuine protests and sure outside actors may intervene at some point or perhaps they are on notice and sure outside actors may intervene at some point or perhaps they are whatever but one and a half 1000000 people showed up in the streets Branko Milanovic who is whatever but one and a half 1000000 people showed up in the streets Branko Milanovic who is one of the experts if not the foremost expert in the world on inequality and one of the experts if not the foremost expert in the world on inequality and he has studied this for the past few decades he tweeted in the new 20132014 he has studied this for the past few decades he tweeted in the new 20132014 Global Income distribution data just completed the bottom 5 percent in chile and Global Income distribution data just completed the bottom 5 percent in chile or at the same income level as the bottom 5 percent among bollea and moldova are at the same income level as the bottom 5 percent among bollea and moldova so we all recognize that moldova and mongolia are did so well. All recognize that moldova and mongolia are developing nations theyre poor nations and the bottom 5 percent in chile are equal to the elephant nations theyre poor nations and the bottom 5 percent in chile are equal to those meanwhile the top 2 percent in chile and this is probably under meadows meanwhile the top 2 percent in chile and this is probably under estimated he says have the same income as the top 2 percent in germany estimated he says have the same income as the top 2 percent in germany germany is an industrial powerhouse with a massive export market huge germany is an industrial powerhouse with a massive export market huge Wealth Creation and the top 2 percent in chile are equal to the top Wealth Creation and the top 2 percent in chile are equal to the top 2 percent in germany but what youve seen those t. Shirts are bumper stickers or whatever the same 2 percent in germany but what youve seen those t. Shirts are bumper stickers or whatever the say the beatings will continue until morale improves right as ironic right because the beatings will continue until morale improves right as ironic right because morale is not going to improve if you keep beating on people and if now here these until a not going to improve if you keep beating on people here now here the until a the policy is to bankrupt the country to eviscerate the middle class and to the policy is to bankrupt the country to eviscerate the middle class and to reward the kleptocracy thats the policy and those of the when we were rewarded the kleptocracy thats the policy and those of the when when this kleptocracy notices that theres a 1000000 people on the street that in this kleptocracy notices that theres a 1000000 people on the street that have been impoverished to their policies their responses to double down right ben. Impoverish do their policies their response is to double down right as well as like that in one country they use this phrase price tag as well as like that in 1. 00 country they use this phrase price tag if you point out how they are engaged in massive corruption they double down if you point out how they are engaged in massive corruption they double down so here in chile a and in other countries if you point out to them hey youre engaged so here and chill and in other countries if you point out to them hey youre engaged in massive corruption they double down and they just make even more impoverished and theres no s. Of corruption they double down and they just make even more impoverished and theres no pushback theres no law against it in the United States theyve got rid of all the regulations right pushback theres no law against it in the United States theyve got rid of all the regulations right so theres no way to stop it and in the bank of england of england of course its sort of the purest so theres no way to stop it and in the bank of england of england of course its sort of the purest case of a kleptocracy and so its now thats been spread to the core case of a kleptocracy and so its now thats been spread to the core Business Model of also entrepreneurs there are conspiracies going on all over the place and as we pointed out Business Model of also entrepreneurs there are conspiracies going on all over the place and as we pointed out the conspiracies to rig Precious Metals markets we presented it here in cries report about the conspiracies to rig Precious Metals markets we presented it here in christ report back in 2011 people said it was a Conspiracy Theory and indeed it was a theory of our is that it was can 2011 people said it was a Conspiracy Theory and indeed it was a theory of our is that it was being rigged and there was racketeering going on it is now a conspiracy indeed in fact being rigged and there was racketeering going on it is now a conspiracy indeed in fact as the department of justice is charging them there is a conspiracy going. The department of justice is charging them there is a conspiracy going on in the repo markets we know for a fact that Central Banks going on in the repo markets we know for a fact that Central Banks well the new york fed in particular is conspiring to rig something we dont know what as well the new york fed in particular is conspiring to rig something we dont know what is going on because it is a black hole we dont and a black box we dont know which bank going on because it is a black hole we dont and a black box we dont know which bank or which shadow banking member who is in trouble and we have this headline anchor which shadow banking member who is in trouble and we have this headline tweet here and in fact from fred hickey and he says this massive daily fed tweet here and in fact from fred hickey and he says this massive daily fed intervention business appears to be getting worse and worse what is the fed intervention business appears to be getting worse and worse what is the fed hiding the longer this goes on and the bigger the interventions get the more my confidence is hiding the longer this goes on and the bigger the interventions get the more my confidence is shaken i expect thats true for other investors too and he was responding to a tweet from shaken i expect thats true for other investors too and he was responding to a tweet from brad houston about the fed temporary repos on september 7th rather houston about the fed temporary repos on september 17th they said were doing repose today and tomorrow on september 19th they said were extending repose and they said were doing repose today and tomorrow on september 19th they said were extending repros until october 10th 75000000000 overnight 30000000000 term and then on article october 10th 75000000000 overnight 30000000000 term and then on october 4th were extending repos into levon 141011 or extend repos until january 2022 before. Were extending repos into levon 141011 works and repose until january 20201023 were expanding overnight repo offering to 120000000000 a 45000000000 term 1023 were expanding overnight repo offering to 120000000000. 00 a 45000000000. 00 term theres a run on the bank for the highest liquid there is a run on the bank for the highest liquid shortest term base money paper and there is shortest term base money paper and there is not sufficient quantities to keep the system afloat and is not sufficient quantities to keep the system afloat and some major bank could be j. P. Morgan thats my guess is to announce some major bank could be j. P. Morgan thats my guess is into announce bankruptcy or insolvency or Deutsche Bank and this is bankruptcy or insolvency or Deutsche Bank. And this is of course look at the numbers i bounce on stunting 2021 that weve seen so of course look at the numbers i about sunstone team 2021 have we seen such a collapse and based money in fact were going to go to a headline here and talks exactly about to collapse and base money in fact were going to go to a headline here and talks exactly about that and that shows the data that the base money supply is declining and that shows the data that base money supply is declining at the same rate of 12021. 00 gold credit and the coming financial collapse so at the same rate of 12021. 00 gold credit and the coming financial collapse since 2016 the u. S. Monetary base has declined by about 23. 00 point since 2016 the us Monetary Base has declined by about 23. 68 percent this is the deepest and longest the kleine since the Federal Reserve was formed 8 percent this is the deepest and longest the klein since the Federal Reserve was formed on december 23rd 1913 this should not be ignored the last time there was on december 23rd 1913 this should not be ignored the last time there was a decline close to this magnitude there was a sharp deflationary recessions a decline close to this magnitude there was a sharp deflationary recession that was the one that occurred from 1920 to 21 heres today you could see it that was the one that occurred from 1920 to 21 heres today you can see the decline in the Monetary Base and back there in 1921 and the decline in the Monetary Base and back there in 1921 and just for you know definition purposes that were on the same page he did for the definition purposes that were on the same page he just finds the Monetary Base as the Foundation Part of the money supply is finds the monitor base and has the rep of founders days and should. Most. Of the money when the supply part of that it basically acts like an old represents the most liquid part of it it basically acts like gold and a 100 percent funded Gold Standard represents that and a 100 percent funded Gold Standard represents the final settlement of a transaction right that thats thats the key is the settlement layer as its called with the most liquid highest grade paper government paid them and layer as its called with the most liquid highest grade paper government paper if the bank hes banks looks like a j. P. Morgan or do it your banker and they are unable to hold such as adults at all trades because they dont have the cash to settle the trade then when the end of the aids because they dont have the cash to settle the trade then when the end of the quarter comes theyre going to have to by law if they if there is the rule of law anymore and thats an open quarter comes theyre going to have to by law if they if there is the rule of law anymore and thats an open question announce that they are insolvent and therefore theyre going to set off a cascade question announce that they are insolvent and therefore theyre going to set off a cascade and a contagion. Will be a continuation of the 2008 trade and a contagion. Will be a continuation of the 2008 crisis but much much worse because in the 2008 crisis the response by central bank isis but much much worse because in the 2008 crisis the response by Central Banks was to inject 16 or 17 trillion of money into the system it was to inject 16 or 17 trillion of money into the system and the hope was that this would create growth g. D. P. Growth and taxable and the hope was that this would create growth g. D. P. Growth and. Taxable revenue to pay down some debt but instead the banks simply took that money and the new to pay down some debt but instead the banks simply took that money and hoarded it on their own Balance Sheets and they in turn did not lend it out or did it on their own Balance Sheets and they in turn did not lend it out into the economy they did not create any meaningful g. D. P. Growth and in fact into the economy they did not create any meaningful g. D. P. Growth and in fact over leverage the economy 10 times greater than it had been in 2008 over leverage the economy 10 times greater than it had been in 2008 so now the debt bomb is exploding so now the debt bomb is exploding and the fed is desperately trying to cover it in the repo market and the fed is desperately trying to cover it in the repo market which is like trying to put that fire in california with a squirt gun so the final settle which is like trying to put that fire in california with a squirt gun so the final settlement of a transaction thats thats cash thats gold thats big quote meant. Of a nose action that their pet partys. Cash dish thats gold thats big queen theres no counterparty risk these people in the Financial Markets do not just that well for in the Financial Markets do not want to swap that for any instrument with a counterparty were seeing a huge run on that any instrument with a counterparty were seeing hug