The Money Is Breaking, And So Is The System with Max Keiser

[00:03] Ladies and gentlemen, Russell Brandussy

[00:08] theorist

[00:08] >> trying [music] to bring real journalism

[00:10] to the American people.

[00:13] Hello there, you awakening wonders.

[00:14] Thanks for joining me today for Stay

[00:15] Free with Russell Brown. We got a

[00:18] fantastic show for you today. I'm

[00:20] speaking to Max Kaiser, uh the Bitcoin

[00:24] expert and former host of the Kaiser

[00:26] Report, a very popular financial

[00:27] program. Max Kaiser is here to explain

[00:30] to us the significance of Bitcoin in

[00:32] organizing systems that are outside of

[00:34] the mainstream as Britain is destroyed

[00:35] by a cancer. As inflation means

[00:38] essentially that all of us have got less

[00:39] and less money all the time unless

[00:40] you're in the absolute upper echelons of

[00:42] society and can benefit from the

[00:43] peculiar global movements and

[00:46] transactions that appear to be taking

[00:48] place which is you know beyond the reach

[00:50] and remit of most of us. We're at a

[00:52] point where something critical has to

[00:54] change. Max Kaiser is kind of like I

[00:56] suppose an evangelist, the self-declared

[00:59] high priest of Bitcoin. So if you're

[01:01] interested in cryptocurrencies, although

[01:03] I know he hates that phrase, pay

[01:04] attention. But also if you're interested

[01:06] in the organization of systems outside

[01:10] of the mainstream, a lot of thinkers

[01:11] believe that the best way to approach

[01:13] this revolutionary moment when no one

[01:15] can agree on anything, whether it's the

[01:18] murder of Renee Good or the sympathy

[01:21] that ought be afforded to an ICE agent

[01:22] that's doing his job is, you know, how

[01:25] do you come up with a definitive

[01:26] position on any of these things anymore

[01:28] other than the definitive position is

[01:31] God is great. God is real. Human

[01:34] government has gotten to the point where

[01:35] it's so um adept at imitating God's

[01:38] omnip omnipotent, omnisient, omnipresent

[01:41] power that we forget that it's just

[01:43] bureaucracies and institutions made up

[01:45] of fallible human beings. And the

[01:47] position of centralization as superior

[01:50] has to be robustly examined before

[01:53] assuming that it's the best way to run

[01:55] any community at all. Why would minimal

[01:58] government not be the best idea? Why

[02:00] would direct democracy not be the best

[02:02] idea? And why would currencies outside

[02:05] the control of centralized banks not be

[02:08] a benefit and an advantage if those were

[02:11] the systems you were interested in

[02:13] pursuing? If you haven't got Rumble

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[02:43] purchase. Uh, let's get now without any

[02:46] further halibu. I know this is an

[02:48] unusual way to dress. I mean, look at

[02:49] the whole thing. I mean, it's

[02:50] ridiculous. I've got this on. It's held

[02:52] together with a sort of an ammo belt.

[02:54] I'm I'm armed to the absolute teeth for

[02:56] reasons of safety that I'm sure I don't

[02:58] need to explain to you in an environment

[03:00] where people are being regularly

[03:01] assassinated and suffering reputational

[03:04] attacks. You got to be ready to fight.

[03:05] With the UK deep state plainly on my

[03:08] back, you got to be ready for action,

[03:10] baby. And part of the action we'll be be

[03:12] taking is the advocation for direct

[03:14] democracy and ways of attacking these

[03:16] disgusting and corrupt systems. With no

[03:18] further ado, here's Max Kaiser helping

[03:19] us to understand Bitcoin. And remember,

[03:20] you're watching us on Rumble now. So if

[03:22] you want to make donations or tip using

[03:24] Bitcoin, you can do that directly. Ain't

[03:26] that right, Jake?

[03:27] >> That's right.

[03:28] >> Jake, why are you not wearing a reborn

[03:29] hat right now?

[03:30] >> I was going to wear it and then I forgot

[03:32] I was going to be on the show. Yeah,

[03:33] >> you was. You've got an unusual head. Is

[03:35] it that you said?

[03:36] >> Yeah, but my reborn hat, the one with

[03:38] the camo.

[03:38] >> Oh, I like that one. I love that one. I

[03:40] like the one you have.

[03:41] >> This is a good one. This is one of my

[03:43] favorite ones. I'm pretty much

[03:44] >> You're looking very natural in a hat now

[03:46] of the days.

[03:47] >> It's weird. I just couldn't wear a hat

[03:48] for a long time. What happened?

[03:50] >> You're American now.

[03:51] >> I'm American now. I've got a truck. I've

[03:52] got a gun. I'm reading the Art of War as

[03:54] instructed. Those who use the military

[03:57] skillfully do not raise troops twice and

[03:59] do not provide food three times. This

[04:02] means you draft people into service once

[04:04] and then immediately seize victory. You

[04:06] do not go back to your country a second

[04:08] time to raise more troops. Bear this in

[04:11] mind before starting a war against

[04:12] Russia, you lunatic. At first, you

[04:15] provide food. After that, you feed off

[04:16] the enemy. And when and then when

[04:19] soldiers return to your country, you do

[04:21] not greet them with yet more free food.

[04:23] Determine whether the enemy can be

[04:25] successfully attacked. Determine whether

[04:26] you can do battle. And only afterwards

[04:29] raise troops. Then you can overcome the

[04:31] enemy and return home. Do not raise

[04:33] troops twice, lest the cit citizenry

[04:35] become wearied and bitter. Right. This

[04:37] is good stuff, man. I'm going to read

[04:38] this whole book.

[04:39] >> The War of Art is also a good book.

[04:41] >> The War of Art. Why? What is that?

[04:43] >> That one's about the process of being a

[04:45] creative. The the opposition that you

[04:47] face.

[04:48] >> It's not easy.

[04:49] >> It's not easy.

[04:49] >> If you want gleaming skin, hair, and

[04:52] reproductive organs, try this

[04:54] magnificent product. I just took a

[04:56] glance at my own midsection, and my

[04:58] word, it was I mean, it was spectacular

[05:01] to look at. It looked like Carmon

[05:03] Miranda's hat if you're familiar with

[05:05] her. She was that lady used to wear like

[05:06] fruit on red in the 1920s in Paris when

[05:08] Picasso lived there. Breton Salvador

[05:11] Darly. And there was a movement because

[05:13] the First World War had introduced

[05:14] people to so much horror and suffering

[05:17] that it somehow created this sort of

[05:18] explosion of creativity as if to amend

[05:22] for the horrors of the war in

[05:24] recognition that all the people that are

[05:25] telling you that they're the reasonable

[05:27] grown-ups that know what they're doing

[05:28] are actually mad psychopaths. And I

[05:30] would consider COVID to be a sort of a

[05:32] comparable time. Not so brutal obviously

[05:34] as the first world war, but an obvious

[05:36] example of the deceptiveness and

[05:38] untrustworthiness of the institutions of

[05:41] power across the globe that appear to

[05:43] govern us. Remember CS Lewis, that great

[05:45] Christian writer, depicts the demon

[05:47] class as a bureaucracy. Did he do that

[05:49] by accident? I don't imagine so. Okay.

[05:51] Uh if you enjoy our content, please

[05:53] subscribe to Rumble Premium. If you're

[05:55] watching this anywhere other than

[05:56] Rumble, get on over to Rumble right now.

[06:00] And before Max Kaiser, here's a quick

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[07:38] Okay, please. Thank you. All right. I

[07:39] love you. I'm from England. Here's Max

[07:41] Kaiser.

[07:44] We are joined by Max Kaiser today.

[07:46] Because Rumble now affords the ability

[07:48] to make donations or tips or perhaps

[07:51] some jargon that I don't understand in

[07:53] Bitcoin, I thought, who better to talk

[07:55] to than the Sultan of Bitcoin, the

[07:58] emperor of Bitcoin, the El Salvadorian,

[08:01] El Doradian, gold prospector, the minor,

[08:05] the major, the in a sense the stave upon

[08:09] which the tune of Bitcoin is played. Max

[08:11] Kaiser, thanks for joining us, Max.

[08:14] >> Thank you. Thank you, fans. Uh, you can

[08:16] just call me the the high priest of

[08:18] Bitcoin.

[08:20] >> The high priest of Bitcoin. It's an

[08:22] honor to be with you. Tell me why it's

[08:24] important and significant that Rumble

[08:27] content creators can now receive Bitcoin

[08:31] directly into a wallet that isn't

[08:33] mediated or in any way brokered for in

[08:36] Bitcoin.

[08:37] >> Yeah, sure. Well, people want Bitcoin

[08:40] now. You know, its popularity has

[08:43] increased dramatically over the years.

[08:46] And it's also very easy to tip people in

[08:49] Bitcoin because it's electronic. So, you

[08:52] can just send it electronically over the

[08:54] internet at a cost of virtually nothing.

[08:57] And uh so th those are the two main

[08:59] reasons. It's people want Bitcoin and

[09:01] it's really cheap and fast to send

[09:03] Bitcoin.

[09:04] >> Jake, tell us exactly what it is that we

[09:06] can do now. Now Jake's the producer and

[09:08] contributor to this show.

[09:09] >> Yes. So it says uh Rumble the freedom

[09:11] first technology platform the largest

[09:14] company in the digital assets industry

[09:16] today launched the Rumble wallet a

[09:19] non-custodial crypto wallet integrated

[09:22] directly into the Rumble platform by

[09:24] embedding crypto payments into the video

[09:27] sharing platform. Rumble wallet

[09:29] eliminates the need for intermediary

[09:30] areas like ad networks, banks, payment

[09:34] processors. creators can now receive

[09:36] direct fast borderless payments from

[09:39] their audience.

[09:40] >> Is that innovative max and important?

[09:43] >> Yeah, there's no intermediaries. That's

[09:45] the key phrase of that sentence. So the

[09:48] the payments do not go through a bank.

[09:50] They didn't they do not go through any

[09:52] financial intermediary. This is

[09:53] important obviously because therefore it

[09:56] cannot be censored. That's why when

[09:58] Julian Assange needed money, when he was

[10:00] in the Ecuadorian embassy, people were

[10:02] able to send him Bitcoin and nobody

[10:04] could stop him even though the credit

[10:05] card companies and PayPal stopped all

[10:08] payments going in to Julian Assange. So,

[10:10] Bitcoin saved the day there. So, there's

[10:12] no intermediary. It's uncensorable. You

[10:14] cannot stop it. And people want to be

[10:17] able to send money freely without having

[10:19] any intermediation. And this this is

[10:21] true for individuals, but it's also true

[10:24] for countries, right? countries want to

[10:25] be able to send money around the world

[10:26] without having the uh Swift system which

[10:29] is a way to send money globally. They

[10:31] that's used to curtail uh money being

[10:34] sent around the world etc. So it

[10:36] depoliticizes money. It's just lets

[10:38] money be money. That's very interesting

[10:41] because to depoliticize money is a

[10:44] pretty radical concept because in a

[10:46] sense money is the artillery of

[10:50] politics. The ultimate arsenal of

[10:53] politics is the ability to withhold,

[10:55] withdraw, or enhance. You only need to

[10:57] look at American politics. And if you

[10:59] were to suggest, well, Republican or

[11:00] Democrat, why don't we just not have

[11:02] donations and not have lobbying? No

[11:04] one's down for that move. And that tells

[11:07] you where the true power is. The money

[11:09] the power is in the currency unit

[11:11] itself, Max. So do you think that this

[11:14] is significant though it is

[11:15] independently do you think collegiately

[11:18] with other ideas that are about

[11:19] decentralization it could be actually

[11:22] revolutionary i.e change existing power

[11:25] structures?

[11:27] >> Well absolutely um let's talk about this

[11:30] depoliticalization of money for a

[11:32] second. So a bitcoin does something that

[11:35] has not ever been possible in the

[11:36] history of money in that it separates

[11:39] money from state. It separates a central

[11:42] authority from money. And in the past,

[11:44] all money has been going through a

[11:47] central authority in the state. Right?

[11:49] States organize themselves politically.

[11:51] They have a they have a system of money.

[11:53] And that money is controlled by the

[11:56] state. And it's always been a dream to

[12:00] separate money from state. The same way

[12:02] there was once a dream to separate the

[12:04] state from the church. Right? That

[12:06] happened a few hundred years ago. It

[12:07] gave us the age of enlightenment. So now

[12:10] we have the separation of money from

[12:12] state and we have a new age of

[12:14] enlightenment or as Stacy Herbert likes

[12:16] to call it a renaissance 2.0. And at the

[12:18] kernel of that renaissance and that

[12:20] revolution is the separation of money

[12:21] and state because only Bitcoin allows

[12:23] for the network to be entirely

[12:25] decentralized and yet robust, safe and

[12:29] practical to use on a day-to-day basis

[12:31] for people who want to exchange value

[12:33] over the network. The thing is with the

[12:37] enlightenment is whilst there no one

[12:39] would quarrel with the evident,

[12:41] observable and measurable benefits of

[12:44] the enlightenment whether they were

[12:45] technological

[12:47] or you know many of the ideological

[12:50] discoveries or at least ideals that

[12:52] emerged from that period. But the

[12:54] challenge of the enlightenment is that

[12:55] it ultimately led to positing that human

[12:58] authority is supreme. That the authority

[13:01] of the mind and the authority of reason

[13:04] specifically can't be superseded by any

[13:06] transcendent or uh divine authority for

[13:10] one of a better term max. And and in a

[13:12] way that has led to despotism and forms

[13:17] of despotism that are not obvious. We're

[13:20] all aware, oh no, North Korea isn't that

[13:22] terrible, or Rwanda, that was bad. It's

[13:24] not so easy to say that the UK is

[13:26] despotic. Now, so whilst an

[13:30] enlightenment has certainly got positive

[13:32] aspects to it, and I can see that what

[13:35] excites me about Bitcoin and Rumble's

[13:38] embrace of Bitcoin, for example, is that

[13:40] is exactly, as you say, it's

[13:41] non-traceable and it's decentralized. My

[13:44] concern is a kind of a continuation of a

[13:46] conversation that we had on stage at the

[13:49] Bitcoin uh conference in El Salvador. Um

[13:53] and something that I've been thinking

[13:54] about since you said it that you said

[13:55] that the spread of Christianity was

[13:57] afforded by the Roman roads. And I think

[14:00] that's a very [snorts] fair thing to

[14:02] have contested although I've not done

[14:03] any research since then. I could have

[14:05] done I could have come back having done

[14:06] some research really argued with you

[14:08] about it but I've not done that. But

[14:09] what I will say is because I know you

[14:11] think that Bitcoin is itself the

[14:14] resurrection rather than a potential

[14:16] tool for a sort of a more divine

[14:19] expression of power or a truer

[14:21] expression of power. Wouldn't you

[14:23] consider it to be crazy if we woripped

[14:26] the roads themselves rather than

[14:28] acknowledged the roads could be a means

[14:30] by which the true message could be

[14:32] spread? And do you think it's possible

[14:34] that Bitcoin decoupled from ideology

[14:37] means that the best ideology will

[14:40] ultimately win in the marketplace?

[14:44] >> Well, let let's go back a little bit

[14:46] there. So, you were talking about the

[14:47] Enlightenment and what maybe we lost uh

[14:51] from the Enlightenment. And if I'm

[14:53] hearing you correctly, you you're

[14:54] positing that maybe we lost a spiritual

[14:57] connection and a loss of spirituality

[15:01] as a result of becoming technical at

[15:03] that point. And this whole technical

[15:04] history since then has led to this

[15:06] highly technocracy age which people

[15:08] would critique and I think rightfully

[15:10] so. But with Bitcoin, when you have

[15:12] individual sovereignty, when you have

[15:14] your own uh Bitcoin that is

[15:17] unconfiscable

[15:19] and nobody can interfere with those

[15:21] transactions, there's no intermediary

[15:23] and it's unconfiscable and it's

[15:26] guaranteed to mathematically increase in

[15:28] purchasing power forever. What happens

[15:30] is you're letting individuals interact

[15:32] with each other on the basis purely of

[15:36] values that would be completely outside

[15:39] of dogma. can't or even political

[15:42] theory. In other words, humans, if left

[15:45] to their own devices, uh are spiritual

[15:48] beings. And in my view, Bitcoin allows

[15:51] for that spirituality to blossom because

[15:53] you're removing the authoritarianism

[15:55] that almost always comes with money. So

[15:57] when you remove the authoritarianism

[15:59] that comes with money and you let

[16:00] individuals who are individually

[16:01] sovereign interact at their own human

[16:03] spirituality and I believe all humans

[16:05] have an innate spiritual quality then

[16:07] you're going to see a blossoming of

[16:09] spirituality not a curtailment it

[16:11] actually enhances the goal of what you

[16:14] might call under the rubric of Christian

[16:16] values not demeans them so we're on the

[16:18] same page but let's give humans the

[16:21] ability to interact without being told

[16:23] how to interact by some central

[16:24] authority we know how to interact

[16:26] Russell It's innate in us. We're loving

[16:29] creatures. Bitcoin allows that to happen

[16:32] more naturally because we're also

[16:34] curious creatures. And as curious

[16:37] creatures, we want to exchange value. We

[16:39] want to travel. We want to talk. We want

[16:41] to make a basket made. Weaver wants to

[16:44] transact with somebody who's raising

[16:45] goats. How do you do that exchange? You

[16:47] need something to make that possible. We

[16:49] call that thing money. And if that money

[16:51] is uncensorable and unconfiscable and

[16:53] free to transact, then it allows for me

[16:56] to just talk to you as a human being and

[16:57] we can interact as human beings. It

[16:59] removes authoritarianism that comes with

[17:01] the state. Yes. I watched something the

[17:04] other day that said that if like with a

[17:06] credit transactions based on uh on

[17:09] ordinary fiat currency, every single

[17:13] transaction, the $100 is being

[17:15] diminished by the ongoing brokerage of

[17:17] these centralized and secondary

[17:19] agencies. and that your currency you're

[17:22] sort of over time you're incrementally

[17:24] being com is being confiscated and

[17:27] you're being robbed and it's difficult

[17:28] to quarrel with your central idea.

[17:30] >> Let's

[17:33] h let me jump in for a second and I

[17:35] don't mean to cause your editor problems

[17:37] by talking over you but unfortunately I

[17:39] cannot contain myself. So uh in other

[17:42] words um when you have this ability to

[17:45] um have people interact without the

[17:47] interference of a state in or any

[17:49] intermediary they're actually

[17:51] transacting in a frictionless manner

[17:53] which gives them agency in a way that

[17:55] they've never had before. So this ends

[17:57] up giving some empowerment to not only

[17:59] the individual but the collective

[18:00] because everybody in that organ that

[18:03] that tribe that group that that

[18:04] community is now uh focused more on what

[18:08] everyone ultimately would rather be

[18:10] focused on and that is spirituality.

[18:13] >> Yeah, you're right. So, you know, at the

[18:15] moment, El Salvador is becoming a sort

[18:17] of a bastion and as we discussed in the

[18:20] conference, a kind of shining city on

[18:22] the hill for this new form of currency.

[18:26] How's it working out over there, man?

[18:28] Are people like using it practically?

[18:32] I just got my Bitcoin country passport.

[18:35] Look at this. This is the hottest thing

[18:36] on on social media right now. People are

[18:39] buzzing about this passport. It's from

[18:41] the Bitcoin office. It gives you a

[18:43] little guided tour of all the great

[18:45] things that are happening in Bitcoin

[18:46] country. And what we're seeing here,

[18:48] Russell, is the emergence of what are

[18:49] called circular economies. Whether it's

[18:51] in Bitcoin Beach or whether it's in

[18:53] Berlin or several other places,

[18:55] communities are seceding from the state.

[18:58] They're creating their own communities

[18:59] and they transact, they save, and they

[19:01] get paid in Bitcoin. It's all in Bitcoin

[19:03] saving uh getting paid uh spending. It's

[19:06] all in Bitcoin. And uh as a result they

[19:10] those communities are flourishing and

[19:11] thriving and we and of course the state

[19:14] itself under Boulli has reduced

[19:16] homicides down to almost zero. So you

[19:18] have hard money you have Bitcoin in the

[19:21] safest country in the Western

[19:22] Hemisphere. Plus uh you know it's got uh

[19:26] it's it's it's a country that's on the

[19:28] rise. It's got the GDP is rising,

[19:30] tourism is booming, construction is

[19:32] booming. It's really the it's really the

[19:35] shining city on the hill as you say.

[19:36] It's coming out of the fourth turning. I

[19:38] don't know if you cover the fourth

[19:39] turning or talk about the fourth

[19:40] turning, but it's a theory that you have

[19:41] these 80-year cycles where societies

[19:44] collapse and then are rebuilt. And I

[19:46] would say that the UK and the US are

[19:47] kind of in a collapse phase and um you

[19:50] have uh El Salvador is the first out of

[19:53] more of a building phase. You know, it's

[19:55] leading leading the world. And to your

[19:58] point you made earlier about the what I

[20:00] was going to talk about, you talked

[20:02] about how credit creation is what you

[20:04] said a moment ago. You're absolutely

[20:06] correct in that money right now in the

[20:08] system is created through debt or

[20:10] credit. When when the bank in the UK uh

[20:13] when HSBC loans somebody money to buy a

[20:16] house through a mortgage, that money

[20:18] comes from just simply creating it out

[20:19] of thin air. That's how the money supply

[20:22] expands. Right now, there's never been

[20:23] more money fiat money slashing around

[20:25] the globe than ever before. Hundreds and

[20:27] hundreds of trillions of dollars of it.

[20:29] And you see what's happening with gold

[20:31] and silver and and other commodities.

[20:33] They're hitting new all-time highs

[20:35] because these governments and these

[20:36] banks can't stop issuing all this debt.

[20:39] And that debt just adds to the overall

[20:41] supply of worthless fiat money. And

[20:44] against that backdrop, you see the rise

[20:46] of hard assets. And gold and silver are

[20:48] certainly catching everyone's attention

[20:50] right now. They're hitting new all-time

[20:51] highs. Bitcoin has already been onto

[20:53] this for years, and it's soon to make a

[20:55] new all-time high as well. Do you think

[20:57] it's possible, plausible, desirable,

[21:00] even inevitable then that there could be

[21:02] a secession as you uh termed it in

[21:05] admittedly in kind of micro economies

[21:08] within El Salvador of various

[21:10] communities potentially eventually in

[21:13] confederacy seceding from their national

[21:16] authority and declaring themselves

[21:18] independent? Would Bitcoin be one of the

[21:21] tools by which a community could say we

[21:24] don't want to be part of the UK anymore?

[21:27] We want to be an independent autonomous

[21:29] community run by direct democracy

[21:32] trading using Bitcoin and being

[21:35] independent when it comes to say

[21:37] fundamentals like food, food production.

[21:39] The aim would be autonomy and self-

[21:42] sustenance. You know that other thing

[21:43] you and I share, Max Kaiser, other than,

[21:46] you know, other potential peculiarities

[21:49] and eccentricities is that we both know

[21:51] a little about the 12 traditions. And I

[21:53] rather like the idea of burers being

[21:56] fully independent except in matters that

[21:58] affect other burers or the confederacy,

[22:02] let's call it, as a whole. Could Bitcoin

[22:05] be used, Max, as a tool to set up

[22:08] independent communities, not just in El

[22:11] Salvador, as you said, although they're

[22:12] likely collegiate with the El

[22:13] Salvadorian government due to the nature

[22:15] of the project you're partaking in in a

[22:17] country where that's more adversarial,

[22:19] particularly using your um turn forth

[22:22] turning, you know, analogy there or sort

[22:24] of rubric paradigm. You know, is it

[22:27] possible that we could start to

[22:28] establish communities on that basis

[22:31] using Bitcoin? Could it become a real

[22:32] threat? Is it plausible? Is it is there

[22:34] a is there a political um is this a

[22:38] political weapon even though you say

[22:39] it's apolitical?

[22:42] >> Yeah, absolutely. Is it possible to

[22:44] secede and it is and we're seeing it

[22:45] happening and uh what happens is this uh

[22:49] tendency to overprint fake money. It

[22:51] goes back thousands of years. Obviously,

[22:52] we know the story of the Roman Empire.

[22:54] They were clipping coins. They diluted

[22:57] the value. They couldn't pay their

[22:58] soldiers and the empire collapsed. uh

[23:00] with uh the current fiat money world, we

[23:03] see two possible outcomes when you

[23:05] overprint too much fiat money. Number

[23:07] one is confiscation of gold for example

[23:09] as we saw in the 1930s in the United

[23:11] States and then a revaluing against

[23:13] gold. That was a confiscation of wealth

[23:15] from the population after the government

[23:17] went too far into debt or they just go

[23:19] to war, right? War is a great way to

[23:21] clean up your balance sheet because you

[23:23] kill a lot of people, you give a lot of

[23:25] money, you you create an authoritarian

[23:27] top- down dictatorship essentially and

[23:30] um you uh uh go into rationing, right?

[23:33] You start rationing food and rationing

[23:35] things and that's how you deal with the

[23:37] with a collapse. But here now in the

[23:39] 21st century 2026, we have something

[23:42] that people have never had before and

[23:44] that is unconfiscable, uncensorable hard

[23:46] money that can only go up in purchasing

[23:48] power. So those so what'll happen in my

[23:51] view is that these governments will once

[23:53] again find themselves in too much debt.

[23:54] They will once again collapse but this

[23:57] time we'll have all the money. So

[23:59] instead of the gold being confiscated

[24:02] the governments will come to us the

[24:04] bitcoiners and beg for money beg for

[24:06] this thing that can keep them going. And

[24:08] of course we'll say get lost. [laughter]

[24:12] That seems like right relationship.

[24:16] >> Do you want TO SUPPORT ME? NO, I DON'T.

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[24:40] there's crazy people on Rumble. There's

[24:42] crazy people everywhere. There's a crazy

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[25:07] I was struck then by the um continuum,

[25:11] the ethmological continuum between

[25:13] rationing,

[25:15] rationalism and the evidential

[25:18] connection between rationing and

[25:20] control. And to my earlier point about

[25:22] the Enlightenment is it afforded

[25:25] complete human control through

[25:28] technocracy ultimately but likely in the

[25:30] kind of states we're talking about as

[25:32] being in decline and potential

[25:34] terminal implosion. I'll use the UK as

[25:37] not to offend the Americans that you

[25:40] know you're all American everyone else

[25:41] in this conversation and like it seems

[25:43] that the UK is indeed grooming the

[25:46] population for war legitimizing

[25:50] advancing hostility towards Russia and

[25:54] do you imagine that part of the

[25:56] motivation is as you described in the

[25:58] particular instance of the UK and Russia

[26:00] Max.

[26:02] >> Yeah, they're broke. the the UK is broke

[26:05] and the United States is broke. So, uh

[26:07] the United States is trying to buy whole

[26:09] countries to get out of the debt problem

[26:11] that they're in like Greenland. Uh

[26:13] they're trying to tell the central bank

[26:15] to lower interest rates, which is which

[26:17] is the absolute opposite thing you

[26:19] should do because when you have uh $1.5

[26:23] trillion a year in interest on your debt

[26:25] and close to $40 trillion worth of debt,

[26:28] what you want to do is raise interest

[26:30] rates to defend the value of your

[26:31] currency by cutting rates. They're

[26:33] simply going to extend and pretend.

[26:35] They're going to increase the debt load

[26:37] from 40 trillion to 100 trillion. So

[26:39] around the world, these countries go

[26:41] into debt. Remember, World War II was

[26:42] the result of the reparations Germany

[26:45] had to pay after World War I. Well, the

[26:47] America and the UK are facing the same

[26:49] problem. They're paying reparations to

[26:51] the banks and the private equity groups

[26:53] that have stolen all the assets and

[26:56] replace it with debt. Right? They're off

[26:58] on their yacht in St. Barts on a 300 400

[27:00] foot yacht, but all that money came out

[27:03] of extraction from ongoing enterprises,

[27:06] leaving debt in its wake and now nobody

[27:07] can pay the debt. So, they're going to

[27:09] go to war or they're going to try to

[27:11] confiscate. Well, Bitcoiners are looking

[27:13] at this and saying we can only our

[27:15] assets can only go up in value in this

[27:17] scenario and it's unconfiscable. So, on

[27:19] one hand, I hate to see this type of

[27:21] conflict coming, but on the other hand,

[27:23] I'm conflicted because I know that means

[27:25] my Bitcoin is going to $10 million a

[27:27] coin. So, uh, you know, we'll see what

[27:29] happens. I'm I'm I'm I was saw this

[27:32] coming as you have for a long time. I

[27:34] read your book, Revolution. I know where

[27:36] your heart is. I know you see the

[27:37] problems. Bitcoin is the answer. Do you

[27:41] imagine, Max, that people that

[27:43] popularize these ideas and ideas that

[27:46] have a comparable uh aim

[27:50] become almost by definition enemies of

[27:53] the interests that you describe? Because

[27:55] you know when you say 40 trillion in

[27:57] debt, 100 trillion in debt, don't you

[27:59] think that most people, and I'd include

[28:00] myself in this, of course, have become

[28:02] inoculated to that stream of zeros. You

[28:06] can't even make sense of it anymore.

[28:07] None of us really under I still don't

[28:09] understand why the United States is in

[28:11] debt, why the UK is in debt. I

[28:13] understand what you've explained and

[28:15] because of how you've explained it that

[28:17] money is being generated that's not

[28:19] tethered to any sort of object or

[28:22] solidity or trade or commodity and how

[28:26] that ultimately leads to decline and

[28:28] implosion that bit of I get. So do you

[28:31] feel that actually what we're proposing

[28:33] here aside from El Salvador, a nation

[28:36] that's under embraced this ideal as well

[28:39] as so many other initiatives. Do you

[28:42] feel that it's actually rather a

[28:44] menacing idea when it comes to real

[28:46] power? [snorts]

[28:48] Look, I mean, for people who are glazed

[28:51] over when you talk about tens of

[28:53] trillions and hundreds of trillions of

[28:54] dollars and how that would impact their

[28:57] day-to-day life, I have only one thing

[29:00] to say. Uh, when you go to Tesco today,

[29:03] is the basket of stuff you're buying

[29:05] there more expensive today than it was a

[29:08] year ago or five years ago? Of course.

[29:11] That that that's that's where the rubber

[29:13] hits the road. You don't have to think

[29:14] about hundreds of trillions of dollars

[29:16] worth of debt. Just understand that the

[29:18] reason you have inflation, the reason

[29:20] inflation is wiping out the middle

[29:22] class, the reason why basic food stuffs

[29:24] are becoming unaffordable or housing is

[29:27] completely unaffordable in the UK,

[29:29] there's a housing crisis. People cannot

[29:30] get on the housing ladder. That's

[29:32] because of all this money that's being

[29:33] printed. That's debased the currency.

[29:35] The pound has been debased. So that's

[29:37] where it hits the average person in

[29:38] something called inflation. The

[29:40] government will tell you inflation is 2

[29:41] or 3%. But the government doesn't count

[29:43] stuff that's actually going up in price.

[29:45] They count, let's say, televisions that

[29:47] are made in Asia that are going down in

[29:49] price. And they'll say, "Well, see,

[29:50] there's no inflation." But they don't

[29:51] count housing. They don't count medical

[29:53] care. They don't count insurance. They

[29:55] don't count anything that's going up in

[29:56] price that people actually use because

[29:58] they lie. Because they're protecting the

[30:00] bankers, because it's a Ponzi scheme,

[30:02] because they're corrupt, because it's

[30:03] fraud. Right. So, uh, as if anyone's

[30:06] watch,

[30:08] [laughter]

[30:10] >> I can see why you left London, Max. Um,

[30:13] so, um, okay, that's really, really

[30:15] interesting and important. The UK

[30:17] housing crisis, inflation and poverty.