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depth with every dollar created they get
252
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more interest paid back to me once
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they've taken this money from the Fed
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Reserve it's like selling your soul to
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the devil you don't really have a choice
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in which of those you pass or what she
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wants you to vote no where yes for
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listen isn't much altruism when you're
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flooded with cash how long have they
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been trying to do this forever night
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girls are like that yeah if you let him
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do it which you need is gutsy presidents
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could see Congress people to prevent it
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as humans were designed to worry about
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the next tribe coming over and attacking
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our clan and Men our dishonor to look
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out towards the horizon and see threats
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but we only see military threats or
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criminal threats or thugs we have not
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been designed to see corporate threats
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where global corporations get their
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people into government then the traitors
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in government sign government authority
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over to that that's how this incremental
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treason to the North American Union the
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European Union now becoming more and
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more dictatorial has been set up
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you have to ultimately in a free market
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assume the risks and responsibilities
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associated with the freedom again to
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succeed and the freedom to fail we don't
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have that so the Federal Reserve's going
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to create Mickey Mantle baseball cards
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ad nauseam and infinite Zoma they're
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gonna just print them out to cover all
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these bad debts that went wrong when
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goldman sachs Federal Reserve
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shareholder decided to sell a whole
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bunch of visa securitized mortgages
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thanks to the repeal glass-steagall to
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foreign investors all over the world
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that went bad and they knew would go bad
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the fraud element comes in they knew
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they were going to go bad so the Federal
295
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Reserve creates moral hazard again for
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these large banks by saying don't worry
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we'll paper it over we're in the midst
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of a serious financial crisis and the
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federal government is responding with
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decisive action over 700 points Apple
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shares are just getting hammered weighed
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down by between three and four and a
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half percent a national rescue where 85
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billion dollar deal and supply urgently
305
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needed money
306
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so banks and other financial
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institutions can avoid collapse and
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resume lending not passing a bill now
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would cost these Americans much more
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later
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and every time they manufacture a
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depression in the marketplace they
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receive a bailout smaller competitors do
314
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not so they can buy up the assets again
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the things of tangible actual value from
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the productive people in the economy and
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they're confiscating it on pennies on
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the dollar because when you're
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liquidating in a chapter 11 bankruptcy
320
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situation here to take whatever you can
321
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get then Goldman Sachs JP Morgan bank of
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America if it's true then take control
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of all those assets they didn't produce
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anything they didn't make anyone's life
325
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better but the roll in the door that the
326
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primary problems here is that there's an
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absolute unification of money and power
328
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and government and you need to try for
329
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the sake of sanity and liberty to try
330
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and price those things apart because at
331
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the moment that they are one in the
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Roman period they used to talk about
333
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bread and circuses as entertainment for
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quote unquote the mall it's not quite
335
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that obvious but the truth is they
336
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everybody gets to drive a better car
337
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everybody gets to live in a nicer home
338
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and what we really want people to do is
339
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go to the mall and shop and be
340
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entertained they've been very successful
341
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in turning the body of the American
342
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population into sedated consumers well
343
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you can only sedate the consumer so long
344
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when the consumer runs out of his
345
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ability to consume when he suddenly
346
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wakes up and recognizes that what he
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thought he had he doesn't the money he
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thought he had his gaunt the wealth he
349
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was promised is is vanished that's when
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the game is up
351
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today inside Washington the mainstream
352
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mentality is that you and I and the rest
353
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of us that are talking in these terms
354
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are out of touch with reality our
355
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banking system is a safe and a sound one
356
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our deficit problems are completely
357
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managed everything will be fine we'll
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pass some reforms it's a new legislation
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we'll make it all right
360
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part of the scam of government by
361
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printing money by borrowing money we
362
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don't have to tax people directly we can
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commit intergenerational child abuse and
364
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pass that bill off to the people who
365
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when born into America have a $45,000
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stone around their neck as their share
367
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of just the federal debt in its most
368
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conservatively estimated forms people
369
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keep throwing around these numbers that
370
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were 15 trillion in debt 1617 those are
371
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all old numbers it came out in Bloomberg
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financial and other news outlets that
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under Obama's administration in the
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first two years over twenty three point
375
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seven trillion is missing and that's on
376
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top of all the missing trillions from
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Bush raising the debt ceiling which is
378
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done been done over a hundred times does
379
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not increase our debt we have now seen
380
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our national debt go to the tune of 211
381
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trillion dollars if you consider all the
382
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government guarantees to workers for
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their retirements and a penchant etc
384
00:16:18,840 --> 00:16:21,690
we're at a point now where if you were
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to tax the American public the tune of
386
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100 percent of their income for 20 years
387
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you wouldn't put a dent in the interest
388
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and we see the economy falling apart and
389
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before people said you know I can't
390
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really believe that this is all just by
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design how did the tens of trillions of
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dollars go missing and then Ben Bernanke
393
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the Fed Chairman just laughs at
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congressmen and Senators when they asked
395
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him hey where's the missing trillions
396
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when everybody's struggling in this
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economy
398
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Ben Bernanke is out celebrating at this
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huge gala event meanwhile there's
400
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children starving what'd you do at the
401
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2008 Bilderberg meeting I'm not doing
402
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any press today for people in high
403
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office and high places there is no
404
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accountability and they like that and
405
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it's a wonderful situation to be in
406
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never having to answer for for what
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you've done
408
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you tell the American people to whom you
409
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land 2.2 trillion of their dollars tell
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us who they are know you're in debt our
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kids are in debt our grandchildren are
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in death it's time to stop
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[Applause]
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and if I recall back in 2009 I think it
415
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was they said that people when in comes
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our threat to their agenda it seems to
417
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me that they want to make sure that the
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people don't have any money to fight
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back being that that my baseball coach
420
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as a child taught me the most is that in
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life you are going to lose okay I have a
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side if winners then who's gonna pick up
423
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the trash yeah who's gonna flip the
424
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burgers you know but that many college
425
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dishes in the world right
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[Music]
427
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our deficits are to such a degree that
428
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when you cannot cover it via taxation no
429
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one's willing to loan you money anymore
430
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that's what we've been doing you've been
431
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borrowing our way to financial
432
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prosperity from foreign central banks
433
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and they won't lend to us anymore
434
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because they know mathematically we
435
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cannot pay it back via taxation bottom
436
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line that's what this is about
437
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they're just creating money they're
438
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devaluing it and there's no alternative
439
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you understand the principles of the
440
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debt supercycle and eventually that
441
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supercycle comes to an end the u.s.
442
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treasury bond is the largest bubble out
443
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there bigger than the credit card in the
444
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education bubble it's several times
445
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bigger and they're going to discover
446
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this unfortunate fact very painfully and
447
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what happens then in times of economic
448
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crises is you go back to the world
449
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reserve currency you buy up US Treasury
450
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bills because it's a store of value they
451
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can dump that on our market at any time
452
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great overnight hyperinflation and ease
453
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all commerce shuts down and its best
454
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friend in the Gulf may be in for a
455
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difficult breakup the Saudi prince
456
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Bandar bin Sultan said there will be
457
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quote a major shift away from the US
458
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well if you know that in six months your
459
00:19:22,329 --> 00:19:25,750
dollars are gonna lose 20% of the value
460
00:19:24,339 --> 00:19:27,730
you're not going to save them which is
461
00:19:25,750 --> 00:19:30,279
what we depend upon you're sure as hell
462
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not gonna back your currency like you're
463
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gonna buy shit up all the bindings good
464
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you see it now you got China out buying
465
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up infrastructure all over the United
466
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States Russia doing the same thing so
467
00:19:38,109 --> 00:19:41,319
they're taking these worthless US
468
00:19:39,460 --> 00:19:42,940
dollars they're buying up this country
469
00:19:41,319 --> 00:19:45,279
and then they'll be our flight to safety
470
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and commodities gold silver etc to save
471
00:19:45,279 --> 00:19:53,089
what you have left
472
00:19:47,829 --> 00:19:56,210
so essentially at some point all of the
473
00:19:53,089 --> 00:19:57,619
world's banks are going to dump dollars
474
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and those dollars and start chasing
475
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goods and services and as the means of
476
00:20:00,109 --> 00:20:03,579
production becomes more and more
477
00:20:01,250 --> 00:20:06,769
handicapped by government intervention
478
00:20:03,579 --> 00:20:09,408
more and more regulation less people are
479
00:20:06,769 --> 00:20:11,778
going to invest the whole thing falls
480
00:20:09,409 --> 00:20:13,130
apart the news you see this is happening
481
00:20:11,778 --> 00:20:14,750
right now the smartest minds in the
482
00:20:13,130 --> 00:20:17,480
world are saying these bonds are cooked
483
00:20:14,750 --> 00:20:21,259
we've added the rally is over their long
484
00:20:17,480 --> 00:20:23,298
awaited bond pocalypse it's happening so
485
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what is real wealth is it in a paper
486
00:20:23,298 --> 00:20:26,690
currency again no that's just paper it's
487
00:20:25,130 --> 00:20:28,100
kindling it's something to write on
488
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something to wipe your backside with
489
00:20:28,099 --> 00:20:32,778
what does that paper get you goods and
490
00:20:31,159 --> 00:20:34,309
services what does a bank confiscate
491
00:20:32,778 --> 00:20:35,990
that they come after your paper no they
492
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come after your house they come after
493
00:20:35,990 --> 00:20:40,220
your cars they come after the actual
494
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goods and services that had the value to
495
00:20:40,220 --> 00:20:43,788
begin with and that's why everyone who's
496
00:20:41,929 --> 00:20:45,909
inside the beltway is so desperate to
497
00:20:43,788 --> 00:20:48,019
convince everyone it won't happen
498
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because there is no way to avoid it
499
00:20:48,019 --> 00:20:52,190
anymore the economy's gonna be ok keep
500
00:20:50,960 --> 00:20:53,840
them working because you don't want to29523
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