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On Today's Episode:
The banking crisis we're experiencing has us at a tipping point we can't ignore. Hopefully it's causing you to be more thoughtful about money, what it really is, how it works, and how you can better leverage it.
The banking system is set up in a way that encourages hyperinflation and incentivizes more debt and investment strategies as a hedge against inflation. The current $8 trillion dollar bailout package happening over the last three years is 10 times over the 2008 bailouts! This is for sure cause for alarm.
Robert Breedlove has been the bitcoin philosopher and thought leader for hundreds of millions of people. He's a freedom maximalist, and bitcoin philosopher that offers food for thought that can melt your brain. His breakdown of inflation being a version of legal theft will grab your attention when you hear about inflation from the context of systemic theft.
How many more trillions of dollars will the Fed continue to print and how many more banks will have to collapse before we have your full attention on the economic disaster happening?
QUOTES:
'Inflation is legal counterfeiting, counterfeiting is criminal inflation. So central banking is a coordinated currency counterfeiting cartel that runs the world.'
'Only in the fraud of fractional reserve banking is the specter of a bank run even possible whatsoever. I think that's very important to note.'
'This entire system of fractional reserve banking is not made to persist. It cannot persist over time because you fundamentally have a mismatch of assets and liabilities.'
'The central bank has not only the precedent but also the incentive to continue printing the money until the currency hyperinflation into worthlessness.'
Follow Robert Breedlove:
YouTube: https://www.youtube.com/channel/UC43_LTf5Z4lbRjKCq0sIAVg
Twitter: https://twitter.com/Breedlove22
LinkedIn:https://www.linkedin.com/in/breedlove22/
Podcast: https://whatismoneypodcast.com/
Instagram: https://www.instagram.com/breedlove_22/
WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!
@carolynreid2108 Says:
You two are not helping anyone your just brushing Egos
Very disrespectful and disappointing, really.😇
@carolynreid2108 Says:
Gee
There are people that will never have an opportunity to get into Bitcoin. Do you give to charity.
Have you ever thought of giving your services to a shelter and educating on how to own Bitcoin??? I bet people will take part and learn and see there is opportunity. How about that!! Nothing better in life!! You give someone freedom, inspiration and breath of super fresh air.❤
@carolynreid2108 Says:
There are business policies which are expected to be adhered to out of respect to the function of the business.
@carolynreid2108 Says:
I don’t see any high rollers here!!
Tomorrow morning l will be meeting people on the street that can’t afford to shower, change clothes. I walk down the street l see junkies.!!! Dose this sound familiar!!!!
@carolynreid2108 Says:
Every country has an exit tax!!!🇦🇺
@carolynreid2108 Says:
People are literally homeless in your country and you’re talking about millions and billions of dollars these show runners have. F Off!
@carolynreid2108 Says:
At the end of the day people need to work and feed families 🧐🧐🧐🧐🧐🧐🧐🧐🧐
@carolynreid2108 Says:
Bitcoin has been compromised. Remember to use knots.
Bitcoin once cashed out if you can get it out you will face 10% to get it out before tax.😂😂😂
@carolynreid2108 Says:
Leave America now!!!
@WFPBFORLIFE Says:
Animal Ag is by far the most violent industry there is outside of war
@PatrickSealant Says:
Very poor analysis of SVB; it invested its deposits in tech projects, rather than bonds or similar instruments. It had few or no backing banks like the Central Bank or others and couldn't insure or abrogate it's losses. For these reasons and others, it was not something ordinary investors should have put their money in. Would have been better placed as a venture capital organisation. 😑
@ocofficial5481 Says:
You know for sure guardians of the system are Working off of your inputs and insights😂 oh boy, still thank you so much for everything
@policani Says:
That didnt age well. Bitcoin didnt reach $1m ea.
@hanswhite Says:
When gold bugs ask me what is the intrinsic value of Bitcoin I always repeat Antonopoulos's five pillars: it's open, borderless, censorship resistant, neutral, and it's public! And this is not only exclusive to Bitcoin.
@andrewangelos85 Says:
This would only work if the money spent on Bitcoin end into an account that backed the Bitcoin. It’s hurt dollars 2.0
@kicksnarehat4393 Says:
I agree with everything except for the fact that btc is the solution. We know the CIA created it.
@sean7081 Says:
Who is this "Bology/Ballogy?" person they quote as having predicted the 2020 crash and making a 90 bet of some sort? I can't seem to interwebs search anything, likely because I have no clue what they're actually saying. I'm hearing "Ball-ogy" as if it were the science of studying balls, but apparently it's a dude's name.
@angelosenteio Says:
This mythical free market thing again. 😂 It never existed it’s just as unrealistic as communism and socialism. Reason being is human organization is dependent on mutual benefit and if you stand as an individual you lose. Sorry for the harsh reality but wake up dude.
@angelosenteio Says:
It’s not fractional reserve banking it’s about inequality. It creates inequality via the wealth pump at the top. People at the top tend to feast at the trough until something breaks. Something broke.
@steveheidelberg Says:
I guess he lost the bitcoin bet
@jerrycampbell-ut9yf Says:
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@lonewolf18650 Says:
It can't be anything on the web because the gov can get it
@lonewolf18650 Says:
Law enforcement will always be necessary but you can maximize freedom by not making victimless crime laws
@lonewolf18650 Says:
So if the person stayed in the group their has to be some kinda trade off
@lonewolf18650 Says:
Thats probly true
@lonewolf18650 Says:
The community can pay the protectors
@lonewolf18650 Says:
This is libertarianism
@lonewolf18650 Says:
I get all this
@lonewolf18650 Says:
It is up to a certain point
@lonewolf18650 Says:
Charging interest used to be called usury and they used to kill the bankers for it
@lonewolf18650 Says:
Just get modern money mechanics
@lonewolf18650 Says:
This is a perfect conversation
@lonewolf18650 Says:
Robbery
@lonewolf18650 Says:
Not if they dont hold up to their end of the deal
@lonewolf18650 Says:
Not if they dont hold up to their end of the deal
@lonewolf18650 Says:
Exactly
@lonewolf18650 Says:
Correct if its not forced when people are happy they will willingly pay
@lonewolf18650 Says:
Wright if there was no forced taxation they would have to give service that people are willing to pay for
@lonewolf18650 Says:
Well yeah
@lonewolf18650 Says:
Responsibility or accountibility without authority is slavery
@lonewolf18650 Says:
Im pretty sure that using a promisory note as an asset when its in fact a liability would be considered fraud
@dazwol9104 Says:
Anarchy doesn't work it never did. The ancient world was mostly Anarchy and cities and communities used to fight constantly over things like water rights. The idea that gold will somehow free us of government is wishfull thinking. Our money system is still broken but no what comes government is unfortunately a nessary evil in life
@zephaniahobokello1073 Says:
I Love the Content
@TheRicardoSanchez Says:
It’s all engineered to be the way it is. On purpose.
@Richardcarlett Says:
It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
@shanejones578 Says:
As long as money exists as a means of extortion of labor, it doesn’t matter whether it’s bitcoin or bananacoin or dollars… people own people still today more than ever… we just call it “wages”
@anotherdedchannel Says:
Watching this 9 months later its odd as so far we've indeed had a nice soft water landing. Perhaps a superb landing, but we're still slowing down on the run way and it might just be a shorter runway than we're prepared for. Currently I'm keeping my emergency funds up and everything not for emergency is in some sort of asset.
@savagefist1029 Says:
One characteristic of money is durability. I would say that Bitcoin has yet to prove its durability. Unfortunately for Bitcoin, gold has thousands of years of proven durability. Bitcoin has only been around since 2009.
@cglavin Says:
Another alleged "expert" who's opinions amounted to literally nothing....
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