Central Bank Hanky Panky
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 6 December 2023
⏱️ 35 minutes
🧾️ Download transcript
Summary
Central banks are openly manipulating markets in areas they have no legitimate role. Do this long enough and they will cause massive disruptions, price dislocations and harm for the average person. Do they even care? You decide…
Transcript
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| 0:00.0 | Hey, everybody, Dr. Chris Martinson back here with you for another scouting report. Remember, |
| 0:04.6 | so I just talked about how the markets are all sort of like markets now, right? That's with |
| 0:11.6 | double air quotes for anybody just listening to this. I'm holding my fingers up and going, quote, |
| 0:15.7 | quote, markets. All right. So why do I think that, you know, I have all this data, but I'm going to give you |
| 0:24.5 | a little bit more around this because it's really a central point. It's actually very, very important |
| 0:28.4 | that we get this right. And the reason is, is that if, if I'm just putting my volume up tiny bit here, |
| 0:34.9 | there you go, a little louder. Okay okay much better um the reason for this is |
| 0:38.7 | because if if we're markets are perform a really important function they are supposed to be sending |
| 0:44.7 | signals and these signals are even if you don't have money in the markets trust me this is really |
| 0:50.8 | important because if you want to understand what the future is going to be you want want to see where things are going, you have to extrapolate the trend. If we give |
| 0:58.0 | ourselves really bad information over time, we're going to have really increasingly poor |
| 1:02.6 | outcomes. It would be like a, let's imagine you're a pilot in a plane, and all your, all your |
| 1:08.4 | machinery is wrong, all your instrumentation is just is wrong. |
| 1:11.9 | Your fuel gauge is telling you you have twice as much fuel as you actually do, right? |
| 1:16.9 | That might be your CPI reading where they're saying inflation is half of what it really is. |
| 1:21.7 | You know, it's giving you a false sense of things. |
| 1:24.0 | It might be that your altimeter is completely wrong. |
| 1:27.4 | You know, it's off by several |
| 1:28.6 | thousand feet. This is a bad thing if you're flying through mountainous regions. Things like that. |
| 1:33.3 | So we have bad instrumentation out there and chief among them is price information. If your |
| 1:39.0 | price information is corrupted, you can't balance risks out. You have no idea where real supply and demand is. And most |
| 1:45.9 | importantly, the source of all prosperity. Remember, it comes from our primary wealth and our |
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