Max kaiser this is the kaiser report ok lets say the guy down the block from where you live is counterfeiting money and hes by and stuff he he he created an extension on a south sea bought a new boat he bought a new car apply 5 new cars he bought another new boat he bought a lot of jewelry hes live in a large would you say that the wealth on that street is disproportionately heading into that guys house because hes able to counterfeit money and spend that money would you say that i mean thats not hard to comprehend right. Stacey yeah were going to talk about is can tell in effect and how that spreads down through a systemic form of discrimination and a systemic inequality because this is an issue obviously that is spread around the world you know with these uprisings about the George Floyd Murder which has spread around the world and i think the underlying issue here is the Monetary System around the world thats the basis of why everybody around the world this protest and why this has spread around the world and it goes to this little clip from the Federal Reserve chairman Jay Powell Marty bent posted this and he said deflecting blame never a good sign individuals are waking up to the biggest scam to sweep earth over the last century the Federal Reserve fix the money fix the world. With this or more. Its not really 2 months. Or is. There a lot of some hard work was. More or less. Consistent for. Yours right well lets keep in mind that your own powell is the big shareholder in stocks and hes the guy gave blackrock the job of buying stocks for his back the central bank and he gave the money to do so so he prints a lot of money he gives it to blackrock and then they buy stock in these e. T. F. That he owns jay powell and the stock prices go up and he makes money with the money that he printed oh thats interesting so is and better than the guy at the end of the block is counterfeiting money in their basement and then buying lots of gold jewelry and cars and boats and then say wow that guys got a lot of wealth yeah hes spending the money just printed is it any different no its not any different not at all different now lets follow up on that that story that youve created of a neighborhood where one guy gets a print all this money and he buys up all the wealth producing assets of the town the still pretty Production Company in the steel manufacture he buys the auto manufacture and he buys the actual underlying land to most of the property so has to innovate everybody has to pay rent and then people realized then he gets found guilty of like counterfeiting but he just has to stop doing ok like it but he still gets to own the wealth his family gets inherit the wealth and they get to go forward obviously theyre going to be deceived everybody else in the entire economy is disadvantage against this guy because he inherited all this ill gotten wealth so that is part of the system that we have the problem in america right now with you know the disadvantage that black americans have because of the history of slavery that they went to jim crow which took wealth from. Black americans and so they came out the game they started it you know from 1964 with the Civil Rights Act they started into this hyper globalized american empire at a huge disadvantage compared to the average white person but then from 1981 whoever had the assets got in 1st on the pyramid scheme and so were going to go into some of the charts on that so the way that this is played out in the black community and we saw that during the katrina disaster quite brilliantly played out before our eyes in that area around new orleans theres a lot of black homes owners ship of homes the katrina disaster a lot of predatory banks to swoop in steal their homes from them based on the fraud of the loans that were made by the banks and who owns votes of those Properties People like Warren Buffett of Berkshire Hathaway so here he had a disenfranchisement of some of the biggest us and franchise one of the black community in america sense life days and how they do it they use Interest Rate apart they use money printing money counterfeiting jay powell whoever was at the helm of the fed at that time could have been worn could have been whoever was i mean they were involved in this wholesale disenfranchisement of this group and this you can make a 50 examples of exactly the same game play from the same book again the game started the pyramid scheme started the ponzi scheme started in 1971 when nixon closed the goldman doe so its what advantage how many hotels on the Monopoly Game board did you own when the game started and i said brilliant viral video where this woman was explaining like you know black americans had to work for 400 times around the board the monopoly board building houses and buying properties for the white people playing the game and then suddenly thats all i can now play the game that you know were 400 times on the board collecting properties now you start to join the game but on top of that. We have a systemic thing where anybody said the there are a whole bunch of losers systemically the cantillon effect you know jay palace in charge of printing money he gets to print money he presses a button he said this on 60 minutes he prints money as much as he wants it can only go to those broker dealers 1st it goes through certain bankers 1st and those bankers decide who to lend it to. You know were going to lets im going to get 4 to one with jamie diamond jamie diamond we all saw him take the knee in front of a Chase Manhattan Bank right but so he gets to decide who gets the wealth who gets the free money that theyve given and theyre charging interest on that free money that jay powell has just given him jamie diamond takes the name but wont lend to black americans in d. C. This is a headline from c. B. S. News and 2018 and they pointed out that j. P. Morgan chase rarely lends to minorities and one major u. S. City washington d. C. The heart of power in america over 40 percent of the population is black american just 2 percent of j. P. Morgan chases loans in washington d. C. Just 2 percent thats 23 of the 1101000 loans made in 2800 went to blacks in washington d. C. Just a few went to latinos there this is the same sort of situation is like those loans in our system of a post Gold Standard dollar whoever has the most debt gets to build the wealth with this counterfeit money and own all the assets right jamie diamond is part of the financial apartheid in america there is apartheid in america thats done with it your straights and loans and the Banking Cartel and to kind of expand on those black mop way idea how come when blacks roll the dice on monopoly and all those lands and you got to go to jail you know theres the jail. You know on the monopoly board you go to jail right somehow and blocked. Play monopoly in america oh view of it got to go to jail again oh you got to go to jail again okas jail is now a Property Developments game by the likes of Berkshire Hathaway and Warren Buffett where its not for some kind of rehabilitation or some kind of part of the judicial system its a monopoly called the president duster complex where blacks are now working for 0. 50 a day and in fact overturn the amendment that outlaw slavery its alive and well in americas jails thank you black without play Warren Buffett jamie diamond again lets look at the big macro picture and how this happens and how it can tell in effect creates the inequality that jay powell at the top of the show we show that he says this doesnt happen so correlation doesnt necessarily equal cause ation but this is pretty strong indictment i think so here is a chart that went around this past week looking at the biggest theft in history growth in productivity and Hourly Compensation since 1988 you see compensation started stops growing in 1981 productivity continued to increase so that is a form of theft again 1971 if you werent on the playing board if you werent on the monopoly board in 1971 working to get ahead then became harder as you see from that productivity did at the war you work the more wealthy created for the top the capital owners the asset owners the more you worked the less you were paid commensurately so you had to have been working before 970 when you had to have been you know in a cushy job and built your assets by then and we see that playing out with that data looking at black versus White America in terms of their wealth not their income their wealth that intergenerational wealth the black white economic divide isnt just big its as bad or worse than it was before in 1968 let that sink in black wealth today remains less than 10 percent. And that of whites just like in the late 1960 s. White wealth surges black wealth agnes this is since 1960 s. And you say black wealth has stayed the same because the rules of the game once they got on the playing board after the Civil Rights Act 164 when the rules of the game changed with the sound of the can still in effect that jay powell presides over right its a soft genocide of blacks in america and a sense i think 71 the White Communities been trying to tell the black community that wages dont matter because theyve been saying like what you wages dont matter your because 2 of efficiencies of productivity gains your car goes faster so wages dont matter because of productivity gains and efficiency or computers and electronic equipment thats made in china now and the job they used to have you know it works better its work faster the screens are bigger and faster thats where you dont need wages wages are bad savings are bad the paradox of thrift savings glut are having their individual sovereignty is evil right so thats the propaganda and us who comes to propaganda man is that. The Federal Reserve chairman they say it wages thats for thats for chumps where you want you want you want counterfeit coupons from from the central bank thats what you want and of course nobody gets in the way and corrects them because all the media that would stand up and state like you know what this is wrong have all been bought out by the same corporation but everybody is noticing we see that the big one community especially will see that in the 2nd half of people realize that its a rigged game and yes black americans came onto the playing board that is monopoly this pyramid scheme pyramid scheme yes they came in later than the majority of white people but the fact is it does discriminate against all it is an economic paradigm that is rigged against the vast majority of people including entrepreneurs and clue ding people who are not like close to the money printer. Thats why youre seeing protests around the world thats why youre seeing Central Banks being burned down in lebanon this is the same underlying thing it doesnt matter i mean you know this is ben this was an issue in the sixtys people leaders of the Civil Rights Movement talked about this economic. System as corrupt and this was while they were still on the Gold Standard so maybe it wasnt as benign only corrupt as now right it is a global phenomenon because all the Central Banks are doing now on a coordinated basis the same thing to move trillions from the many say the few and so you have the global insurrection against banker occupation that weve talked about before all these groups like black lives matter occupy wall street arab spring uprisings and grace all over the europe all over asia all over the world all have one common same Interest Rate apartheid financial counterfeiting by a few to disenfranchise the many and thats why gold is going up and when you see the stock market going up a stop because these companies are making more money is because the underlying currency that theyre priced in the u. S. Dollar is collapsing because now were its the end game as the as anyone. Can tell you and as we go id like to say look of bill noble he was a very famous black journalist from the sixtys and seventys thats what we need today somebody to tell it like it is going take a break when we come back much more coming your way. If the epidemic continues as the disease the economies will not recover we will not have trade tourism. Investments we will have continuing very deep economic crisis. 6. And so are you cant get away from advertisement to change your appearance. Many local people see Plastic Surgery as a prerequisite for a successful career employers are often most interested in a job seekers appearance as a graduation present parents often give daughters Plastic Surgery for an extra fold in the eyelids to make their eyes look bigger. Almost every korean teenager dreams of looking just like say a needles. Welcome back to the kaiser report im max keiser time now to go to eric les film you can find him on twitter i am the character eric welcome to the kaiser report welcome to i thank you for having me now you have gone viral on bitcoin twitter 1st speech you gave that black lives matter in los angeles what did you say i told the people that its time for us to opt out and the economy and the way he do that if i using big point i also introduced my 3 point plan and move me forward and the 3 point plan and includes big point but im going to maine and boating i feel that these 3 macro ideas can compass a lot of micro ideas and moving the Movement Toward the black lives matter you know this is the latest chapter in the Civil Rights Movement in america and the fight for freedom and emancipation and equality for all of the black community in america going back hundreds of years and i think rather now flexion point where the black community has realized that as long as youre operating in the fear out money system there will be no justice and so pick away is the 1st time in history where money and state have been separated and you can become individually sovereign which is a very empowering message am i right eric correct yes i mean its more of the king and not in mexico a lot of black activists were aware of or if they had become and then been all over it i mean its the only solution as audrey lord says you can she said something to the effect that you cant dismantle the nexus home with the massive schools or she said something about it and so we can use the Financial System has actually enslaved doesnt impress us to rid ourselves. Of oppression and. You know i knew that once we have this new tool and you know the weight is a cornerstone. You know protest movement and big point is the Nuclear Weapon in a way so. Lets long lines here and go to our communities and also lets not forget the ballot box and then its voting also means you know lets get out there on the community or neighborhood City Councils you know lets put all these tools theyve got to let me go this time the time to exit the ship and you know lets me go all is included but especially the you know the black community who is just under tremendous not oppression and this country you know its time for some. Time to go the strategies we have its the ultimate form of passive resistance you know i remember back in 2008 there and they finance a crisis that the subprime crisis once again the black community was just absolutely decimated by evil bankers and now that had to take basically stolen somebodys houses in the black Community Around but we zahn in new orleans in those areas after many decades of building up a Strong Community suddenly within a few months its all gone because of the bailouts for the bankers who made fraud the loans however the homeowners who had built up a community they were not offered any assistance in fact they were the victim of these fraudulent bankers including the big names like wiles fargo one of Warren Buffetts big stocks that was involved in this whole sale disenfranchisement of a whole community so getting back to bitcoin eric its an confiscate about which is great right because so many times when the black community achieved some level of Financial Independence you know in North Carolina there was black wall street at one point theres been really great thriving black communities america for years and then somehow they magically get ransack disappeared memory. Hall destroyed but big is on confiscated well eric yes so i mean its the same story even reach a structure and there was this black bank there was a bank and the black community was in a black and going to leave it was a big that the black community were leaving on their own zen and you know the story behold the plaintiffs who did you know they are a well the Community Just looted and its the same story over and over again you know somehow we get taken and because we have. Or we dont have that he said that all or some guy gets off with the money that was going somewhere else and that days over its a Beautiful Day that day is over we have a life raft to get on and to get out of this. The titanic that were shining pulsate at this moment and its time to rebuilt and with the schools it is a composition it will it is ours it is a sense of ownership and you know thats thats pretty much the only way i can see forward so as as as one does this idea catches on its longest as i promote it i think its just going to be a no brainer in the black community as this is the Financial System if you think of back to 1968 of course i was all i was around i was watching may allege picks and we had that some and all moment tommy