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The "What is Money?" Show

Patriotism and Stupidity | The Balaji Series | Episode 3 (WiM117)

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8710 Ratings

🗓️ 24 January 2022

⏱️ 57 minutes

🧾️ Download transcript

Summary

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.

Transcript

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0:00.0

Bologi, welcome back to the What Is Money Show.

0:11.3

Great to be here.

0:14.4

So you said something really interesting to me in our conversation last week.

0:20.4

And I want to pose it to you as a question.

0:24.2

When the Fed fails, we buy Bitcoin.

0:28.9

When the police fail, we buy guns.

0:33.5

But what happens when the U.S. military fails? Right. This is this is actually the question that I have

0:42.9

been thinking about quite a bit over the last few weeks and months. And first, you know, one thing I've

0:48.7

started to try to do is to establish premises. And then if you discreet the premises, then you're going to

0:56.0

disagree with the conclusion. But at least you can kind of see if you disagree with those and then

1:00.1

see if you discreet the conclusion. So the premises. So first is, you know, about six months ago,

1:06.2

I talked about, actually more than maybe all the year of a year ago, I was observing that the U.S. military had been

1:14.9

MIA during COVID.

1:17.3

And the thing is that the military has something called a national biodefense strategy since 2001

1:22.7

with anthrax.

1:24.1

They've been spending billions on biodefense.

1:26.8

There were trial runs with SARS and then Ebola, literally billions of dollars over many years.

1:34.3

There's this whole thing you can Google national biodefense strategy for man-made and natural threats.

1:38.8

And at the beginning of COVID, see, you know, on a daily basis, one observes the incompetence

1:44.0

of municipal or state or federal

1:46.0

government. You know, in San Francisco, there's a $300 million bus lane. California can't keep

1:50.8

the, you know, the power on with PG&E or the fires out. And, you know, obviously the federal

...

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