2.8 • 690 Ratings
🗓️ 9 June 2023
⏱️ 20 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | We are live, the economic update with Dr. Kirk Elliott, our resident economist here at Badlands Media. |
0:05.4 | My name is Sean Morgan. I'm host over at Amp News. Also have a new show coming out on Badlands |
0:10.6 | next week called Breaking History with Matthew Erith. We'll be analyzing the breaking news through the |
0:16.2 | context of suppressed history. But now let's get into the business stuff, the economic stuff. That's what |
0:22.9 | people want to know about with you, Kirk. I was looking at the headlines today. And it looks like |
0:27.6 | every day this week, there's a new headline about Google or some behemoth injecting hundreds |
0:34.4 | of millions of dollars into an AI startup. This reminds me of the |
0:38.1 | Metaverse days last year. I mean, that wasn't so long ago that everyone was so exuberant |
0:45.2 | about the Metaverse and virtual reality and Facebook changed its name and everything. That went to |
0:52.4 | hell really fast. But maybe AI has more legs. What do you think? |
0:57.6 | Well, I think it probably does have more legs because it's going to be the basis of the new |
1:03.4 | banking system, right? It's going to be, however, this is one of those ethical dilemmas that |
1:08.8 | people have. It's like, do you want to feed the beast kind of a thing, right? |
1:12.7 | Because it is doing really good. |
1:14.7 | I mean, Nvidia is screaming a lot of the other ancillary chip makers that are making chips specifically used for AI are going up. |
1:23.5 | But here's where, I mean, okay, so I just read an article on Zero Hedge this weekend. |
1:32.8 | And you and I, for good grief, Sean, probably nine months have been talking about central bank digital currency, right? |
1:42.3 | How it's been coming, how this is going to change currency and banking as we know it. |
1:47.7 | So central bank digital currency, as, you know, for all the new viewers, digital currency created |
1:55.8 | by the government, you know, with their, you know, centralized cryptocurrency, which is attach attach your digital social profile, social credit |
2:04.8 | score. If you're a company, your ESG is right. And you have to tow the line or also cut you |
2:10.3 | off from buying or selling. That's what it's all about. So I read this article about Bank of |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sean Morgan, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sean Morgan and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.