The ability for Central Banks to print in excess of what the estimated cost was that was almost the equation from day one so the fact that its a pandemic youve got all this infection youve got factories shut down it does it hasnt shut down the Central Banks of one of the structural bankers like jay powell came down coronavirus that would be different but he is insulated so therefore there will be no end to this rally i might add by the way we are in mexico city so welcome to mexico city this is where we are we were in cannes koon just the last episode were now in mexico city by the way max also performed last night at the big queen embassy here in mexico city you can go to their Facebook Page you can go to twitter look them up big queen embassy in mexico city and youll find his stand up rate there it was amazing they also gave me this big coin necklace made of real mexican. Silver so you know speaking about this bed and the fed printing money so were here having another pandemic around the world and the top 0 point one percent who own most of the shares theyre rallying theyre happy theyre excited because and a bad news for the people is good news for them and in fact jay powell says it has been a particularly good time to be at the top of the income spectrum of course he would know well its a tax you know printing money is a tax and if you make the analogy to the middle ages and feudal lords they would tax people and till they are you know living in a service and here you have a minimum consumption requirement as long as youre spending 5 or 10. 00 a day on plastic or plastic food or junk or what have you you can you can maintain your status as 6 an indentured servant of the jay powell in the central bankers and they they will just continue to disrupt your existence by printing ever more money it will be interesting however as if theres ever any knock on effects because one thing weve seen is that weve just seen money printing and money printing and financialization so the likes of boeing dont actually have to make planes that fly anymore they used to be their specialty now its no longer their specialty same with General Electric used to make turbines and all sorts of well airplane jets you know the engines so they used to make things like that and then general aspect became a financial ice company in collapse but well see if we actually need any of the shipping containers coming from china with the goods and services right like to my point there that was boeing they used to have unions at these companies to protect workers wages but they got rid of all they dont need workers to keep printing money and say ok well east of the products without boeing is saying we dont make products either we will make bad products in the fall out of the sky and kill people but we still get the bailout money every single day we just dont put it into our corrupt crony capitalist shareholder. Of course we go well actually the plane crashes those were huge tragedies for the family involved but it does extend this financial ised Service Economy because theres a lot of work there for lawyers for insurance executives so that also adds to g. D. P. In that sort of way now at the bottom outside of jay powell you know jay powell by the way i think is hes the wealthiest ever central banker in the modern era he was worth 100000000. 00 when he stepped into the job im sure his share portfolio has maybe doubled or tripled that just like weve seen with mayor bloomberg but u. S. Household debt exceeds 14 trillion for the 1st time and why is that well thats because of all the inflation of jay Powell Printing money but giving it only to a very select few those the top of the income spectrum that he gives the money to theyre doing well their portfolios are doing well their housing portfolio is doing well all that stuff is doing well for them and thus raising the cost for everybody else who goes deeper into debt you know i havent been saying one of my favorite songs from years ago. Jumped on the band like a joe general who could do that do your own money bridging plantation you live in america to serve yeah yeah so share price you know so debt levels go higher and higher and it goes exactly you could probably put in a correlated chart between that and the money printing from the fed you could relate that to the inequality happening because theres an absence of jobs because apparently this is what will economy all these cars are driving around behind us here in mexico city this is the angel of independence i dont know how theyre either being built or fueled but one day its all just going to stop another thing about south the bottom you know 99 percent of the population lives is here in interesting story that relates to mexico and the United States utah sends employees to mexico for a lower prescription prime. Says utah is paying Public Employees to travel to mexico to fill their Prescription Medications and a program aimed at reducing the high cost of prescription drugs so why is utah going through this elaborate so the neo liberal neo liberalism what it does is it takes away with it you know used to be provided with one simple utility like function from the government and add all sorts of contracts then and sub contractors and all sorts of paperwork and coffee paperwork and administrators and things like that so here is that or just having the government negotiate prices they send these people onto a flights thus risking catching the coronavirus by the way send them to mexico to get drugs why because in most other Countries NationalHealth Programs negotiate lower drug prices at large scale and sometimes refuse to cover the most expensive ones meanwhile patents generally run much longer in the u. S. Than other countries allowing for monopolies drug makers also often point to the high cost of creating a drug to bring to market so the Mexican Government negotiates these prices on these drugs for their citizens the u. S. Wont do that because thats communism in their mind but theyll send their own patients all the way to mexico to get the same prices right and you know you have a politician there mitt romney and hes a private equity guy from bain capital and so he is over there and hes ok with his citizens having to travel to mexico to get cheap drug prices why because hes part of the capitalist class in the private equity class does profiting from the misery of people who are in utah hes a guy who profits from the abject misery and hes now the darling of the left because you made a grand standing speech against trump recently so right now these are hollywood you know social justice warriors are out there on. The Award Ceremony pumping their causes that they leverage mitt romney well indeed in a nearby state nevada you have the unions theyre fighting with hard very hard with vicious ads against and campaigning against Bernie Sanders because theyre saying they dont want medicare for all because they the union have amazing that health care this is a union that utah state workers half of the Union Workers in america are actually state workers rights they employees so here you have you new workers having to fly all the way to mexico to get their drugs otherwise but they highlight a case of a woman whos a teacher who otherwise she wouldnt be able to treat her arthritis she flies here to get the medicine and then flies back to the United States so this is what is considered cadillac amazing plan in america right this cadillac plan is just a normal plan for most g. 20 nations most industrialized nations on a plan that america because theres be a cadillac plan so i think this could be the basis for a new civil war except of sort of north versus south is going to be the Teamsters Union versus the Teachers Union teamsters nurses teachers and American Civil War part 2 no taxation without getting my flu jab well but what im saying is its not even normal and the rest of the world in the rest of the developed world a cadillac plan is what everybody has and it means that you get to go right to your neighborhood like within walking distance theres a local doctor and a pharmacy where you can get a normal priced pharmaceutical product in america there cadillac plans the ones they fight tooth and nail and to the death for this is what theyre fighting for its like i love this plan i have to fly to mexico to get my medicine and what if planes are grounded that month what if theres a coronavirus what if i cant go get it what happens for that and what if she cant what if quarantine it would if mexico gets quinine and she cant go there. What happens then like this is a this is the sort of precarious situation youre put in through this neoliberal crazy structure yes on health care is a human right or not its in america do we allow health care become an instrument of a program against the poor is that a good idea mitt romney genocidal maniac. Well so they cover this woman and level and she had never owned a passport until last year and now 62. 00 she is a frequent flyer traveling every few months to tijuana mexico to buy medication for Rheumatoid Arthritis with tickets paid for by the state of utah as public insured so again this is kind of a Works Program for boeing all the boeing jets that need to fly people to you know mexico again like. Over and over the president every single senator every single congressperson theyre running for office theyre championing why theyre bombing people around the world to bring capitalism and democracy free this is not capitalism capitalism should be more efficient it should deliver efficiency it is totally inefficient to fly somebody for 44 hours from utah to to walk she has to cross the border she lands in san diego drives across the border in a special bus designed for people who are americans fleeing to get some help some pharmaceuticals so the this is not out the ism they say its capitalism but this is totally inefficient all think of all those middlemen in this situation of her just having to get some medicines for her Rheumatoid Arthritis no capitalism and competition so in the case of the airlines they would have to provide a service that wasnt government funded and theyd have an incentive to provide a service instead of getting free government contracts and free government money right well the more like soviet times but the soviets learned their lesson when will america ever learn all right were going to take a break and when we come back much more coming your way. The Atlantic Alliance the bedrock of the post world war 2 Global Security order is slowly but surely unraveling more and more often washington in brussels by virtue of them 44 in policy issues today europe has a choice to defend its interests or fade into oblivion. I cant show you my face but im going to teach you must store in 9093 this man was sentenced to death they could charged with capital murder even though he didnt have the gun didnt pull the trigger didnt intend to kill anybody imagine living in your bathroom for the week with his son of a 23. I felt that i deserved to be. Confined within 4 gray walls he fights he was in. Turn all to help him to leave defense room. Just. Kick. The habit i. Was. Given. Welcome back to the kaiser report im max highs are time now to turn to jose or rod regan as long. Time friend of the kaiser report but on many times one of our most valued guest was a welcome back thank you very much once again smack now in mexico city i was talking about mexican wrestling matches i have a smack down now he would be. Going to get to smack dab in the way well talk about that a moment but 1st lets talk about the fact that you are the director of block chain land at the bag a talent land event coming up in april in guadalajara theres going to be tens of thousands of people attending will tell us about this oh say yes this year im the director of blocks in length which is one of the stages lets say lands in town and thats whats that and then its the biggest intrapreneur should business and tech event in latin america last year we had 62000. 00 that then these are in the 5 base and we have over 5300 people working hack a thons and also challenges from Front Companies and we broke a world record of the biggest. So for class in the world with i. B. M. And we also had an attempt to the biggest math class we didnt achieve that but we did achieve the biggest one and were going to announce soon our new Guinness Record attempt wow so this is all about jack all about entrepreneurial ism yeah and so this seems like its how does a plan to the mexican economy as a whole it seems like this is the key to get to choose reinvigorating the whole economy yes yes this is the 1st contact for many people in Technology Business and we have like blocks in line we have 10 stages one of the mains stages we have for example is business land where you can find Different Companies banks financial institutions. And Business Development companies and we also have for example other interesting for a lot of people like gamer land to which we have almost all the brands and old games coming over with us and we also have developer land and we have tenants for old type of content so we have those are creative when that you have your you tube or or you are doing something creative or youre the site or so we have 10 different events and less year during the event over 1800 hours of content were created through all the stages so we have the vents running for 5 days 24 hours with thousands of people getting to know different communities different people from Different Countries companies what theyre doing working hackathon challenges and also some of them having their 1st contact in their life to Different Companies to different technologies and we also try to bring many nobodyd of new technologies and new companies and to show people what things are happening in the world i mean the sizes anonymous right 5060000 people as comparable in size i guess to burning man festival in the United States thats well down and a lot of people migrate there every year its quite a phenomenon but it doesnt have the really focus on tack that this is really tech specific can only travel all over latin america we were in argentina brazil uruguay mexico this new generation is now embracing technology and bit going as a way to develop some sovereignty door after the many decades of lets call it a financial occupation for what it is you know the u. S. Dollar and america has been financially occupying latin america for decades does that message resonate with this new generation is that whats part of this yeah definitely i mean people are using different systems that you speak. And then something you speak about the next generations about how theyre not using banks for example how theyre using different technologies and how theyre using technologies that normally other generations arent used to so we have content for all ages and we even have content for kids that are in Elementary School for example we have a good island which is the length for people that are in Elementary Secondary School that are want to have this 1st contact or interested for example in robotics or interested in programming or in video games or hopefully block change so we try to bring content from the simplest type of content to the most innovative to the most complex for everyone to have something to get out to get out of the event one thing to change probably life for their career what they want to do and maybe start being an entrepreneur or starting a new project and also getting to know i mean you have so much interaction with all those people from all different contacts and all different disciplines that you can even start a team there and start a company oh right they sell thats. Tennis player rob just within the mix of all this talent in talent land yeah you know companies can can can come up and. Stacey will be there yes and i think ill be speaking there and there should be a pretty big crowd and i have to talk like a couple of 1000 people yes we have a main stage which we have 2000 people seated plus we have. Around and the event to stream them recorded like thats year over 4000000 people full the event during the week and yes were going to have max and stacy in our in our main stage and also in blocks inland so our other guests like tom bass that was with us also last year and main stage and also in blood and then different people and companies that are well known here and latin america in the world like for example we have beats so were going to have. The cred were going to have going to have the french for our escape were going to have some new mexican exchanges to for example doubtless were going to have the become n. B. C. Bar which is where we did our recent great meet right i recently made up a bit clean embassy bar this is a fantastic really location and mexico city and the vibe was incredible i mean this people in mexico city now are so pumped up about they call it its amazing to see its just really getting so much excitement and traction and you know thanks for that organizing that and so youre our kind of thoughts about how this goes forward words talent land go forward like whats the one of the whats the plan going over the next few years with this yeah so once we have created this event and we have been doing it for for now 3 years one of the plans so we want this to expand to other countries and have more people have this interaction and have this type of events for everyone to get to know what is going on the world with business with technology with developers and all this different metrics for people to get involved so we are planning to going to let in america and europe in the in the next month some will we there will be an announcement about the countries that were going and also bringing like that when we did the media independent events of chain and so also creating events. 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