The Bank of Japan Is Ruining Life For Its People. Same As The Fed.
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 13 July 2024
⏱️ 67 minutes
🧾️ Download transcript
Summary
There’s no path back to monetary sanity. That means more printing and more undeserved rewards to Wall Street insiders while a front of economic despair marches steadily northward through the social ranks.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Nothing in this program should be considered investment advice. |
| 0:03.0 | It is for educational purposes only. |
| 0:05.0 | Please hit pause and read this disclaimer in full. |
| 0:09.0 | From my perspective, they become ever more desperate and ever more desperate to paint to cover this lie |
| 0:15.0 | instead of just telling the truth and talking to the American people, Hey, we made a mistake. |
| 0:28.7 | Hello and welcome, everyone, to this edition of Finance You, |
| 0:31.3 | where you're going to have a couple of smart dudes with some experience. |
| 0:35.6 | And a few gray hairs discussing the state of all things economic in the world with you in ways, hopefully you can understand Paul, Kiker of Kiker Wealth Management. Paul, good to see you again, buddy. |
| 0:41.4 | How are you doing? |
| 0:42.1 | I'm doing good. Good to see you on this bizarro environment we're in. |
| 0:46.6 | It's so bizarre. We're going to talk about that. I want to talk about Japan and just as a sort of |
| 0:51.2 | almost like a cautionary tale or it's just this weird thing. |
| 0:54.4 | I want to talk about the housing market, but just general markets as well, because there |
| 1:00.3 | are bizarre things going on. |
| 1:02.1 | What was that old saying? |
| 1:03.7 | The markets can stay irrational longer than you can remain solvent, you know, if you're short |
| 1:08.8 | the markets, right? |
| 1:09.8 | So markets don't have to make sense. We know that. |
| 1:12.9 | But there's something extra weird these days it feels like to me. It is. It is. And I believe that was |
| 1:18.3 | Jesse Livermore that made that quote. And, you know, and he was a famous trader during the |
| 1:22.9 | bubble of the late 1920s and had to navigate through the Great Depression sell-off. So that is true. |
| 1:29.7 | That's one thing that we've learned since the Federal Reserve and his printed money, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Chris Martenson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Chris Martenson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

