4.7 • 1K Ratings
🗓️ 27 February 2023
⏱️ 61 minutes
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0:00.0 | Hello fellow rebel capitalist hope you're well and you can hear Mike asking me if he should pull back his lights I think you're good to go buddy you're good to go and everybody knows who you are and you're an absolute legend in the space so they're not going to care |
0:15.4 | about the lighting mic I can assure you that but thanks for being on the Rebel Capital's |
0:18.6 | channel. Well thanks for the flattering introduction I'm not sure what kind of legend I am, |
0:23.6 | but you know, I do try, |
0:26.8 | we were just talking, you and I, |
0:28.8 | about digging into the monetary system |
0:31.4 | and having this need to understand things and then explain it to other people. |
0:36.7 | And all these people in the financial system, they don't actually understand the system that they're part. |
0:44.0 | I just find that interesting. |
0:46.0 | And you know my book, The Great Gold and Silver Rush of the 21st century, |
0:51.0 | which was just released, you got an advanced copy it |
0:56.4 | Digs deep into this and it explains that but you know unfortunately if you title it something about economics or monetary history or something like that, it doesn't sell well. |
1:10.0 | Yeah, right now, gold and silver are noodling sideways, so this isn't a period of great sales, it's when gold and silver are soaring, but it, you know, says gold and silver on the cover, but you're going to get a whole lot more than that. |
1:22.8 | Anyway. |
1:23.8 | So that human psychology is interesting, isn't it? |
1:27.6 | It is, it is. |
1:29.1 | So why do you think it's important to really understand the plumbing? If you're someone that values freedom, liberty, |
1:36.7 | free market capitalism, the principles of sound money, who cares how the euro dollar system works? |
1:44.0 | Who cares how the primary dealers buying mortgage-backed securities impacts |
1:49.9 | M2 money supply? |
1:51.1 | Does it really matter to me, Mike, or why should it matter? |
1:55.1 | Because this causes all of the economic cycles. |
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