Hidden Forces: Global Pushback from Lockdowns Starvation and Death is Real w/ John Tamny

➡ The article discusses the significant influence of the U.S. economy on the global market, highlighting how the U.S. shutdown during COVID-19 led to starvation in other parts of the world. It also warns about scam gold IRAs and the importance of working with a trusted company in the precious metals space. The article features a conversation with John Tamney, editor of Real Clear Markets, who shares his unique perspective on global economics. Lastly, it mentions a peptide sale and the importance of leaving reviews for the podcast.
➡ The article discusses the global economic impact of the U.S., highlighting how countries like Mexico, India, and the Philippines rely on American production for survival. It also mentions China’s technological boom, fueled by U.S. investment. However, there’s a growing desire for countries to be less dependent on the U.S., leading to a shift away from the dollar. The article also discusses the increasing value of gold and the potential implications of this shift on global politics and trust in politicians.
➡ The text discusses the negative impacts of lockdowns, arguing that they disrupted global cooperation and production, leading to higher prices. It criticizes politicians for blaming the Federal Reserve for these effects, instead of acknowledging their own role in enforcing lockdowns. The text also discusses the concept of debt, suggesting that the ability to borrow increases with income and that the U.S.’s large debt indicates its high tax revenue. It criticizes the idea of giving politicians more tax revenue to manage, arguing that they won’t spend it as carefully as individuals would.
➡ The speaker argues that high levels of debt are a sign of excessive government revenue, which hinders technological and societal advancements by consuming wealth that could be invested in innovative ideas. They believe that the real crisis is the missed opportunities for progress, not future debt-related issues. They also emphasize the importance of supporting entrepreneurs, despite their high failure rate, as they are the ones who drive progress. The speaker advocates for investment in ideas that maximize human flourishing, even if they seem crazy or unconventional at first.
➡ The text discusses how current profitable businesses can hinder advancements in fields like cancer treatment because they fear competition. It also highlights the importance of funding innovative ideas, even if they seem unconventional, as they can lead to significant breakthroughs. The text criticizes the control of industries by the ultra-wealthy, suggesting that their wealth should be used to fund progress instead. Lastly, it emphasizes the need for a more holistic approach to cancer treatment, as seen in other countries, rather than the western medicine model prevalent in the United States.
➡ The discussion revolves around the concept of free market principles, monopolies, and the influence of tech giants like Google. The speaker expresses concern over how these monopolies can suppress different ideas and voices, citing personal experiences with Google. However, they also acknowledge that monopolies can lead to innovation and that competition, possibly from AI, can disrupt these monopolies. The speaker emphasizes the importance of challenging ideas and open discussions for progress.

Everything you say is so true, which is the, is the point. Look at these trillions flowing, flowing to Washington and look at how left, right and center say, well, we’ve got a way to get more of them to flow to Washington to pay off the debt which keeps going up because they keep sending more money to Washington. What are the advances not happening? What are the crazy ideas never getting funding because too much of that precious wealth the rich are, aren’t just important to society because they’ve succeeded. Arguably what’s even greater about a Steve Jobs or a Mark Zuckerberg name your person is they’ve got so much wealth that they have no choice but to invest it.

Just a quick break from the program. I need to share with you an urgent manner about scam gold IRAs and the important need to make sure that you’re working with a trusted company in the precious metals space. I have had hundreds of people come to me now where they have lost 50, 60, 70% of their life savings in these scam gold IRAs. We are having nearly 100% success rate getting their money back. If you have put your life savings into a gold ira, I implore you to look and see if you have been scammed. Don’t trust the company that sold it to you.

Make sure you understand what you can get as a buyback value for the gold or silver that you have in your ira. If you have noticed a significant drop in what you invested, you have more than likely been scammed. We can help you and there’s no shame. Go to sarah wessel.com milesfranklin fill out that form and we will help you get your life savings back. Welcome to business Game changers. I’m Sarah Westall. I have John Tamney coming to the program. He’s the editor of Real Clear Markets and a senior fellow at the Market Institute. But why I wanted him on is because he thinks differently.

He gets ridiculed from all signs. And that’s what I want. That’s what I’m, I’m like, I’m looking for people who are getting beaten up for having different ideas. As long as your intention is, is for the goodness of people and not some separate agenda, I want you coming on and talking about stuff because I want to hear how you think and have these conversations. And so we’re going to talk about how the economic activity of the US so profoundly affects so many other countries. He uses the example during COVID how our activity was shut down during COVID and how people literally starved around the world because of our lack of production.

And you know, and then I get into, well, how does that affect the bricks and the, I mean, think about it. If your country was, would literally starve because of some other country’s activity, wouldn’t you want to protect yourself and not be in that kind of situation? And I think that is probably a huge motivating factor behind a lot of the activities that we’re seeing around the world. You cannot under estimate how, you know, because whenever people starve or they die or you know, something that hurts their, their ability to exist, that is the biggest motivator of all.

And if you want to cause revolutions, you take away people’s food or you take away people’s, you know, medicine and their, their children are going to die. Things like that cause real change because you’re getting to the essence of life. And that’s what happened during COVID And I don’t think we can dismiss the profound effects that Covid had around the world with other countries and in our own country. And it’s being ignored. And so we’re going to talk about how that’s affecting the global economic picture. I think that that is causing a reset. I don’t think the people were, that were trying to do the reset were smart enough to understand the ramifications of what they ca.

And we’re watching it in action and I think the majority of the politicians are ignoring it. They might have backdoor conversations, but in public they’re ignoring the fundamental issues that are causing this pushback and this anger. I mean the lack of trust in our institutions is so low because of what they implemented onto people and they’re not cognitive of what that actually costs. So we’re going to talk about some of this today. But then I also push back. I fundamentally agree with all his, his market ideas, the market fundamentals, but I bring in some different dynamics that he’s a perfect avant because this is the way people think and then you can hear how people think and then some of these other dynamics that, that they don’t, that I think they don’t think about and, and how does that play into it? And these are the kinds of discussions that we need to have because otherwise nobody and I need to be pushed back on.

Sarah, you don’t think it’s written this way. And I’m like, okay, I’m not. And that’s important. Okay, before I get into that, I want to remind people, if you don’t know yet, there is a 15% off month long peptide sale. It’s not all the peptides, Semi glutide which is the active ingredient in Ozempic and Wegovy is on sale right now. 15 + my coupon is now I negotiated a bigger coupon discount So I have 15 off on that. So together you can save 30 on that and other ones. A GHK C which is the anti aging one that I take every day.

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That’s great. So you want to look into that? Okay, let’s get into this. Really, you know, it gets kind of feisty at the end, which I thought. Feisty? I’m never feisty. I just like to have conversations and and so does he. So we got to have some dialogue and think about some stuff. But anyways, hope you watch this whole thing and share it and like it. And if you’re on Apple or audio or any of these other podcast channels, please give it a review. I need more reviews. I need 5 star review. My husband gave me 4 star when it first started when I had like no reviews and I needed somebody.

I said you get your dad and your husband. And my husband’s like, well, I thought it was at a four and so I immediately, right away I had crappy reviews because my husband thought it was at a 4 instead of 5. So he’s bringing down the average. But anyways, give me a five star and give me a review. Okay, let’s get into this excellent conversation I had with John Tamney. Hi, John, welcome to the program. Hey, thanks for having me on. You have a different take on global economics. But before we get into some of your takes on that, I want to ask you because you’ve also written about how the world economy is really dependent on the activity in the United States and how, for example, in 2020, how when we shut down, other parts of the world starved.

I mean, like literally people starved. And I want to talk about that and how that probably ties into the bricks and lifting up other nations. So that. And I think that’s a big part of why they want to decouple from the United States. Can you talk about that dynamic? Yeah, it’s huge. It cannot be minimized. What is the biggest driver of gdp, which I don’t like in Mexico? It’s not oil, which you would think, you’d logically think it’s not tourism. What it is is production in the United States. In the last year, $63 billion worth of remittances from Mexicans working in the U.

S sent back to family members in Mexico drove their economy. It builds houses in Mexico. It. It puts goods on the shelves of stores. That’s how many me can eat is based on production in the United States. And she looked back to 2020, when the US shut down. In total, the impact for the world was devastating. Because what I’m describing about Mexico is also true about India, it’s true about the Philippines. They are reliant on family members here to get them the means to consume, to eat. And when they didn’t have it, and where it showed up just in sickening fashion was El Salvador.

So much of what feeds people in El Salvador is the same thing, production here. And so literally, people were putting on the hovels, the shacks they live in, a white flag. Well, that means different things in different parts of the world. But in El Salvador, it’s a sign. It is a signal from the people that we are starving inside this dwelling. And this proliferated in 2020. And so in. In on just a bas level of eating. Think about what the US Means to the world. But, you know, expand it to China. China is experiencing, and I think this is beautiful, a technological boom that needlessly and foolishly scares a lot of Americans.

But what’s got to be stressed is that its technological boom is a function of American investment. Without American production, which, what is credit, what is investment but just resources, there wouldn’t be the boom in China right now. It’s money from the US flowing to China, creating a massive new economy, major amounts of economic growth. It all begins here. And so we as Americans, I think need to recognize that, that it’s not just growth, isn’t just great for us, but it’s brilliant for the world, really. Okay, so how much. You know, I think the BRICs and the world do not want to be dependent on the United States.

And there has been a decoupling from the dollar as people deeply resent the fact that they starve when we based on our stuff that’s out of their control. Right. They don’t want to starve because of something that happens elsewhere that they don’t control. I mean, can you imagine starving because some other economy? And so they want to decouple and start to have sovereignty over their own lives. But you know, and I think that’s where the bricks is going. Where, how do we, a lot. How do we live in a world like that? Because that is Christian.

I mean, that is the right way to think about, you know, humanity. How do we, how do we live in a situation like that and still protect ourselves? Well, money is money. What I always say is that Xi Jinping can say we’re getting away from the dollar, but ultimately he can’t control that. The only people, the people who control money in circulation, it’s not world leaders, it’s not central banks, it’s producers. They alone decide what they will accept in return for what they bring to market. And so that’s why in North Korea the dollar is illegal, but the dollar liquefies all transactions there of note.

Really. So it’s illegal, but it’s still, it’s so powerful that it’s illegal, but it still does most transactions. Absolutely. And if you want to buy a house in Argentina, you better have dollars. No one’s going to accept pesos. And in Iran, the dollar liquefies transactions. In Venezuela right now, no one would accept bolivars in return for goods and services. But if you have dollars, products will come out onto the shelves that weren’t previously there. And so ultimately it’s going, it’s money increases in so called money supply, which I similarly hate. Are production determined? Where there’s production, there’s money.

Historically that’s been the dollar. Now it speaks again to what I think you’re making a crucial point about the BRICs. If the US treasury is not going to maintain the Dollar as a stable measure of value. And it’s, it’s, we’re seeing the dollar in free fall right now. Eventually you will see producers around the world saying we no longer accept dollars in return. We want euros, we want something measured in gold, we want Swiss francs. It’s the case that markets set the circulation of money and if markets don’t trust the dollar, the dollar will, will disappear from circulation.

Well but that’s what’s happening with the euro no longer being the second to the dollar with, for transactions. It’s now gold. I just heard this morning that gold has increased to the point where our inflation has increased to the point that the actual stock market, you know, gold just passed 4,000. If you reevaluate the stock market based on what gold is actually at, the stock market has actually gone down. If you think of gold as being stable and the dollar has gone up and gold is always stable, you know, it’s always a stable. Yep. If you look at it like that, housing prices have gone down and the stock market value has gone down.

It’s inflation and the fact that the dollar has decreased in value. So we have, there’s a lot more dynamics going on and people are trying to move away from the dollar because of that. Yeah, well everything you say is true. Gold doesn’t move as you say, the currency in which it’ price moves. And so the dollar is at all time lows. And some people will try to adjust gold for inflation. I’m like no, no, no, no. That’s like adjusting the foot for a different, for a 10 inch foot. No, gold is the constant which means the dollar has declined substantially.

And so you measure everything in terms of it. And as you say the stock market is nowhere near as high as people say it is. No doubt during this time when the 21st century began, gold was 2216 ounce. Now it’s 4000. It’s just, it’s just sickening. $2. No doubt, no doubt we’ve seen progress. But to me the crisis is, is that we’re experiencing right now is the unseen. How much farther along would we be if we hadn’t devalued like this? Because think about what you’re describing. People are moving into gold. What a sad commentary on what the US treasury has done to the dollar.

Think about it. Well, I just heard that 20% of the portfolios of high income people are now in gold and silver on average. There’s your crisis because when you buy gold you are buying wealth that already exists. It’s got an Established global market value. It’s acceptable anywhere in the world. As you point out, there’s no growth from that. Growth comes from failure. Growth comes from constant experimentation, investment in new ideas, failing, picking yourself up and doing. And doing the next thing. We’re not failing right now. We’re just buying gold. And so what have we not achieved? What are the cancer cures that are not happening? That’s right.

What are all those cures? But don’t you think the derivative market and all the, that is undermining the value of the dollar? And, and don’t you think the fact that what we talked about at the very beginning, that when production stops here, other places starve, and if I, if I was running a country outside of the United States, I sure the hell wouldn’t want to be dependent on that for my people to eat. Well, but ultimately you’re not dependent on that as, or the. You know what I’m saying? Yeah, no, and, and, and, and with derivatives markets, I had more say.

Well, derivatives markets are just a, they’re just a mirror into reality. There were no currency markets before 1971. And there weren’t for obvious reasons. The dollar was fixed in terms of gold and the world was on a dollar standard. And so you never traded currencies back then. Why would you. And so what a tragedy. What currency trading? You might know the number better than I, but it’s something like 10 trillion a day modern times. That’s the market’s screaming that we need. We still yearn for the stability that prevailed before this because there weren’t currency markets before 1971.

But isn’t that the change that we’re seeing? Global economic reset? We’re seeing the fact that people want to move. That’s why gold is now a tier one asset where they’re seeing the, the desire for the stability. And again, it comes back to. They don’t, I think Covid move the marker. People starving during COVID fundamentally changed the mindset of the, of people around the world? Well, how could it not? I think it changed global politics. It changed everything when suddenly people are literally locked in. And they were saying in the Philippines at the time that because Covid was said to give you, make, give you, give you sweats and fever and all this.

And they said that’s our daily existence, no matter what. Now you’re just forcing us to starve. And so you think the, the implications are huge. I, I think from this there’s a, there’s a growing mistrust with politicians. Good. And it will Never be the same based on that. Americans aren’t going to trust politicians, doctors go down the list ever again in the way they did because the politicians shut them down. They robbed them of their livelihoods and the medical system, forced them to do something against their will without having any kind of the proper testing and taking away their, their body sovereignty and, and forcing them to work jobs without getting it.

Otherwise you could leave your job so then you can’t eat, you starve, and, and people are getting sick from it. How do you ever gain trust from a system like that again? I don’t think you do. And that’s a good thing. The only thing, the, the only pushback I might give you, and you might agree with me here is as much as I loathe Anthony Fauci, come on, guys, he’s just some nobody at the usn. Whatever. Don’t lock down. Don’t take away our freedom when something, when, when people say, well, we didn’t know. That’s precisely why you don’t take away the freedom when no one knows.

The only way to know is to find out from the free actions of people. So when we needed people to freely make 330 million different decisions in the US alone in response to a virus, when we needed the information from that the most, we robbed everyone of their freedom and in doing so blinded the American people about how to deal with the virus. It was a tragedy. And politicians panicked and let’s never let them off the hook for that. Well, but they still, they’re still ignoring it. They’re not addressing it. And I think the undercurrent of not addressing it, not addressing the censorship that occurred around it and then not.

And not acknowledging, you know, I mean, these other countries are, that, that starving thing, the one thing that moves people is, is starving. Right. Or killing your loved ones through, through something, whatever causes you to die. Right? Yeah. And the profound effects, I mean, you can’t understate how that’s affecting global economics and the politics and that it’s not being acknowledged. It might be behind closed doors because what you see on TV and in the media, it’s not the same thing as what they’ve been on. You’ve been on boards and political things. Most of that’s happens not in the public meetings, it’s behind doors and on the phone calls and whatever before you even enter the room.

Right. So maybe these conversations are happening behind closed doors, but they’re. The regular public is not being able to see it now. Well, they don’t, they don’t they’re hoping people forget. But how much more anger is that causing? Or are people forgetting? Do you think it’s possible for people just to forget and move on? Well, let’s talk about this, and I promise this is just a brief, brief digression. How does Adam Smith’s wealth of nations begin? It begins in a pin factory. And he pointed out that one man working alone in the pin factory could maybe produce one pin per day.

But seven or eight working together, he pointed out, can produce tens of thousands. So people dividing up work, they produce exponentially more. The price goes down. Price of pins goes down. Okay, well, so in 2020, they lock us down. And in locking us down, they eviscerated global cooperation in the production of everything that had taken decades to create. As in, you know, the Boeing 747 was 6 million different parts manufactured around the world. So much interlocking economic activity. That’s true of the iPhone. That’s true of everything, every little thing. Right on up to this. This pen right here.

And so is it any surprise that when you break this up and workers scatter, some of them starve, but they scatter to different places. That when suddenly these morons say, oh, your freedom’s back. Oh, yeah, forget what we just did. You got your freedom back. Get back to work. Is any surprise that prices would be higher after that? When you. To me, that’s a statement of the obvious. And you can’t rebuild this overnight. It took decades to build. And so, of course prices were going to be. This wasn’t supply and demand. Demand is an effect of supply.

They mirror each other. Prices were higher after 2020 because we broke up global cooperation. But what did politicians do? And they did it here the most obnoxiously. They said, oh, yeah, you know, it’s the Fed, man. It was. It was the Fed and Bidenflation. Believe me, I’m not a fan of Joe Biden. And I find me a writer alive who’s criticized the Fed more than I have. I ridicule those guys all the time, but the Fed did this. No, no, no, no, no. You did this. Politicians. You locked people down, and you wouldn’t all. And in doing so.

And you literally said, if you. If you open up your business, we will cut off electricity to it. Remember Gavin Newsom? Yeah, they were doing that. I mean, it was. And if you’re in some of the states that were doing that, it was. It was incredible, the tyranny that we lived through. It’s almost like they’re ignoring yeah, it is like they’re ignoring it. And the tyranny that they’re pointing to now is, is nothing compared to what we live through. It’s like they can’t self reflect. Are they that clueless? Well, but they’re, it’s more of their clue.

They’re evil because they want to point the finger to the Fed. Oh no, sorry, the Fed did not do this. You guys panicked and you stole our freedom. And prices are higher today, yet they’ve convinced media, they’ve convinced most people from my world. Oh yeah, it was monetary policy thing. No, it was not. It was them taking away freedom. And when people can’t work together, naturally prices go up precisely because prices go down the more that more hands are involved in the production of goods and services. And so they’re totally trying to change the subject. And they changed it.

Somehow. The Fed got blamed for the effects of lockdowns. I’ve never to talk for me to talk about the lockdowns. I can’t do it without, without raising my voice. But I raise it almost as much when people say inflation. No, sorry, command and control is not inflation. Inflation is a devaluation of the currency. Currency. Higher prices can occur for all sorts of reasons. And they did after the lockdowns because suddenly supply chains that had been built up over decades were broken by these idiots. Yes, okay, you have a different view of the debt too. Give us your theory on how the debt affects us or doesn’t.

And maybe we’re the people are thinking in the wrong direction. Well, of course they’re thinking in the wrong direction. Well that’s, that’s an understatement, but yeah. Well, so let’s ask yourself the question, could you borrow more 20 years ago than you can borrow now? Well, you can only because of inflation, but I don’t think we can in the terms of the actual value. If you got a credit card when you were 21, what would the limit of it been versus I won’t ask your age, but what would the limit be today? You know, I mean, I don’t think it’s, you know, I don’t think it’s kept up with inflation is what I was trying to say in a better way.

Okay, fair enough. But let’s agree that as individuals our ability to borrow rises with our incomings as we earn. For sure, if that was your question. Yeah, I hardly could get anything back then because I wasn’t, I wasn’t worthy. And now I can borrow quite a bit. But I also have assets that I Can you know is you’re successful, you are trusted. They trust your present and future so you can borrow more. Okay, let’s look at Nvidia, one of the most valuable companies in the world. In 1998 it couldn’t borrow even a dollar. It was all equity finance because the expectation was that it was going to die.

It was a struggling corporation and so there’s not an interest rate high enough and there wasn’t then for an Nvidia to borrow. Now it’s got tens of billions worth of debt. Well why? Because the markets trust its future. It’s taking in more and more dollars now and in the future so people line up to lend to it. And because there’s, this is so basic. How are governments different? Russia doesn’t have a lot of debt, Haiti doesn’t have a lot of debt, but the US has 37 trillion. What does that tell you? It tells you that the US takes in too much tax revenue now and much worse it’s going to take in exponentially more tax revenue in the future.

And how we know this is all the debt? And so my book that everyone should buy lots of copies of the Deficit Delusion makes the point that every religion, every economic religion, left, right, supply side, Austrian go down the monetarist, they all say that if we want to fix the debt we need to bring in more tax revenue. Have they lost their minds? No one’s as we know no one spends the money of others as carefully as they do their own as is. So, so yeah, let’s give politicians not spending their own money exponentially more revenue throughout time and expect them to not borrow against that future.

I mean please. Yet it’s just it as you to read my that’s why the whole concept is, is to push responsibility down as low as level to the people who are actually affected by it because people who don’t, who aren’t affected don’t give a crap. Of course not you, if it was someone else’s money you’d be less careful with it and you might even borrow if it was someone else’s. But with yours you’re going to be far careful with it. Yet I, I’m constantly ridiculed in my world for saying oh no actually see we have a debt, we have all this debt because we take in too much revenue.

They say wait, no that’s impossible. No see we need to, we need to bring in more revenue to pay off the. No, no, no, we have the debt because we have so much of it and all you have to do is just look at well as individuals. You can borrow more. The more that you’re taking more you earn and have assets. Same with corporations. Governments would be the worst of all this because it’s not their money. Of course they’re going to borrow like crazy against it. So I’m just trying to make that case. And I’m being ridiculed left and right.

So I appreciate, appreciate you having me on. It’s good to be in really ridiculed. That means that you’re getting people to think differently or you’re different. If you’re not being ridiculed, then you’re not doing your job getting people thinking. Why would I ask you to have me on your show if I’m going to say the same thing as these other ding dongs? Well, I don’t believe what they think. Well, as long as your intent is actually pure to do what’s right, then I’m like bring it on. I always say the one because I like to bring out all different kinds of thoughts and whatever the one qualification I have is that your intent needs to be how do this is my view.

How do you maximize everybody flourishing? I think that’s the Christian ideal. Ideal. That’s what it was always about. How do you maximize the everyone flourishing? That’s it. It can all be boiled down to that. And if your intent is essentially how do we maximize humanities, then I’m like bring on all the ideas. Absolutely. Thank you. Because that is the underlying purpose of the book. It’s not about debt and deficits. It’s saying guys, precisely because we have all this debt. It’s a sign of how much taxes are coming in now and in the future. What are the cancer cures? What are the cures for paralysis? What are the transportation advances not happening? What are the technological advances not happening because government is taking in and consuming so much wealth? Because people keep talking about the future crisis related to the debt.

Oh no, no, no. The crisis is now. But it’s unseen. We can’t know what we wouldn’t have achieved if trillions and trillions and trillions of dollars had been kept in the private sector funding future Jeff Bezos’s and Steve Jobs and go down the list of Although Jeff Bezos is a little bit of a But yeah, I get your point. Yeah. You know people who come up with stuff and come up with new ideas and help us be better. And I joked about but it’s true how I’ve been ridiculed for my views on but what is an entrepreneur but Someone who is willing to endure enormous amounts of ridicule.

It’s one thing to just do what everyone else. Entrepreneurs. It’s a state of mind. It’s. I so profoundly disagree with how things are done that I’m going to change it altogether. Those are the people that are borderline crazy. Some would call them sociopathists. Someday I’ll give you my argument in favor of Elizabeth Holmes. I find it horrifying that she’s in prison right now. I want to get money to the borderline crazies because they are the ones who will drive progress. Okay, okay, let’s unpack that a little bit because you, you have some good points here. How do we distinguish the borderline crazies that are just.

They, they don’t pause for a second to see if this is undermining, you know, they just so into greed or into, you know, beating the next guy. It’s a game that they don’t see that, well, maybe this is taking away our free will or maybe you’re, you know, where is it that we stop and go, wait a minute, this is so bad. But it makes a shitload of money and people like it because they’re mindlessly going towards the, the, the light. You know, like in the Bug’s Life where the. No, not the light. And they go and they get zapped.

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You can get your hair test to see what you are before and what you are after. You use this for a few months. They stand behind what they’re doing with tests, studies and real results. And look for the link below where you can buy Masterpiece yourself. It’ll provide you a discount. Or you can go to sarah westall.com under shop. Well, I think, yeah, no, I know what you’re saying. But the only way you can find that out is by letting them experiment. But see, the crazies, the ridiculed, are the hardest ones to finance. You know, it’s one thing for, I don’t know, Texas Instruments or Target to go for a, for a loan.

Okay, well, you’ve established we know that you’re doing interesting things. But I want the person who thinks that Target’s getting it all wrong. But see, that’s the toughest person to finance because odds are 9 out of 10 times they’re not just going to fail, but fail miserably. So that’s what’s tragic in all this. Well, but most entrepreneurs fail and they fail numerous times. The failure allows you to succeed. If exactly, in fact you’re investing in an entrepreneur that hasn’t failed, you’re probably investing in someone who’s going to fail more likely because the failure teaches you so much more than the success.

Everything you say is so true, which is the is the point. Look at these trillions flowing, flowing to Washington. And look at, look at how left, right and center say, well, we’ve got a way to get more of them to flow to Washington to pay off the debt which keeps going up because they keep sending more money to Washington. What are the advances not happening? What are the crazy ideas never getting funding because too much of that precious wealth. The rich are, aren’t just important to society because they’ve succeeded. Arguably. What’s even greater about a Steve Jobs or a Mark Zuckerberg, Name your person and is they’ve got so much wealth that they have no choice but to invest it.

Well, that is good if they invest it in things that are beneficial for humanity. Some people are don’t like the idea of certain people being, you know, getting the money through some dark reasons and connected to, I don’t know it it. They don’t like the idea that they were born on third base and think they made a home run, that kind of stuff. And that for society to really be great, you, the investment dollars you’re talking about should be going to the true good ideas and geniuses. You know, like Nikola Tessa famously didn’t get enough anything during his life.

You know, the true advancements in society shouldn’t always go to the people born on third base. It should go to how do we maximize people flourishing and I am not a communist kind of thing. I am all about. I’m almost too libertarian. I, I hear you and I agree. But see as evidenced by the valuation of Nvidia today, Uber Amazon Ma go down the list. Good ideas are never obvious at first. And that’s the ridicule part for entrepreneurs. They want to do something so at odds with Reality. There’s a great scene of Jeff Bezos on, on Jay Leno back when Amazon Merlin.

Amazon was Amazon.org and Jay Leno was almost literally making fun of him on national tv and he kind of sat there uncomfortably. Entrepreneurs face the ultimate ridicule because again, as you know, most of their ideas die. And they die bad. Very much so. But on the way up, everyone’s laughing at them. And how we know that is why they’re so rich today. The markets had no idea, because if they had had an idea, Jeff Bezos would have sold off a lot more in equity and in debt for his company long ago. No one wanted it. Same with Phil Knight with Nike.

Go down the list. No one wanted a piece of these companies. So you don’t know the good idea until after the fact. That, that’s, that’s true. I like some of the examples of some of the, the companies that have made the biggest advancements. And, and I also think that if we were a little bit more aware, we’d be investing in some of the great ideas like cancer treatments or other advancements. And the cash cows today are keeping some of these advancements from happening because they know it’s a good idea, not because they don’t know it’s a good idea, because they know it’s a good idea and it can usurp their cash cow.

Those are the kinds of advancements that we need to break down. I think I, I think a lot of people do know that these ideas are going to work, but they don’t want them to. That’s competition too. And that’s what’s a problem with monopolies. Yeah, but it calls ever more for more and more money chasing after different crazy ideas. Because the simple truth is the established don’t know what to tamp down. Think about it. If anyone had known Amazon was going to be great, oh my gosh, Walmart or Sears would have bought it back in 98.

And that’s true for all the companies. That’s true for Apple, that’s true for all these corporations. They didn’t realize it and they don’t realize it until it’s too late and then it’s been discovered. I, I don’t. Have you ever taken a grail test? No. Okay, so grail, it’s a Silicon Valley company that they get blood from you and you. And they tested and they can discover cancers before it becomes even stage one. They can say these are the threats for you based on the blood. And it’s, it’s big in The United Age. You’re living this right now.

Their point is we’re going to find it out long in advance so that the treatment for it is something that we can fix far more cheaply and easier and more quickly. But think about where it really has an impact. The rest of the world doesn’t have hospitals like we have, among many other things. And so if someone gets cancer in the rest of the world, oh, forget it, it’s over with. Well, not really, that’s not true. Because cancer and the rest of the world, they. They have more holistic practices. And so many people are leaving the United States to get cancer treatments because their effective rates are so much better than here in the United States.

Because we’re locked into this western medicine model that doesn’t look at the holistic body. And so a lot of other countries are looking at cancer different than us. So our rates in our cancer survivor survival is actually lower than a lot of places around the world. And that’s why so many people with money leave this frickin country. But do you think some of that is because so many people in some degree, some instances live long enough to get these certain cancers that are killers? And I think it’s because, you know, as a friend of mine who’s a tax PhD in toxicology, he said to me, sir, I think I’ve come to the conclusion he’s worked in big pharma, done a lot of patent work and done.

He’s great, Dr. Joe Newsma Love him. And he said, you know, I’ve come to the conclusion I can’t, I don’t know the actual numbers because it’s hard to get these. But I’ve come to a conclusion that almost all cancers are based on toxicity of some sort over time. And of course there’s like 5 to 10%. He doesn’t know the exact numbers that are genetically predisposed. Predisposed to cancer. And that’s a different category. But the majority of the. And that’s why we’re seeing this massive tsunami of cancers, especially after the jab, because it was a toxic soup.

And then we have all these other things that are feeding into it. And in these other countries, when they treat the whole body, they, they treat this toxic, you know, toxicity, exposure. Yeah. And so it’s a different way of looking at the whole body. And I think the results of that is a lot of healthier, better, better treatments in other countries. That’s why our graph. I’m in the middle of dealing with this with my mom and so you know, I’ve been talking to. I’ve just been. I kind of get one with this problem, right. And so I’ve kind of checked out of.

And I’m. Of other things right now, just focused on this. I’m learning a lot. We took. Should have got her going on this months earlier. So we’re now kind of in the weeds here, and it’s very risky situation. But I. I think that’s probably true. And I. There has to be a reason why there’s a tsunami of cancers right now. And I think it’s this toxic exposure and it’s that mindlessness of, you know, where we’re at mindlessly with advancements. You know, we just. We have to be. We’re smart enough to be dangerous kind of right now with our chemicals and our.

Our development, and we’re killing ourselves through cancers and other things. I actually think that transgender issue could actually be tied. You know, when Alex Jones famously said, it’s turning the frogs gay. I think there’s some things to that with microplastics and some stuff. I think we’re. We’re smart enough to do things and not smart enough to understand what we’re doing to ourselves. But that’s where the entrepreneurs come in and start to make it. That’s where you get to your point, where can the entrepreneur. Entrepreneurs come in and solve some of these problems, and they are smeared, they are ridiculed, they are shut down, they are beaten up in the medicine, they are killed.

But we need them because the tsunami of death and destruction is upon us, and it’ll probably keep growing until we fix these problems. Back to your fundamental principles. It’s just in this other area that we haven’t thought that a lot of people haven’t thought about. Well, but it’s the same thing over you and I. I think we agree that the great ideas are hard to detect, and that’s why you need lots of interesting ideas funded. But the true change agents are a bit criminal. That’s how Dostoevsky put them. The Crime and punishment was in many ways about entrepreneurs.

And they’re just off the beaten path. Peter Thiel describes them as borderline craz. That’s why he doesn’t try to manage them. So someone this. This out there can’t be managed. You just got to let them fail or swim. But, boy, you got to get funding to them because they are the change people. Most people are just conformist, and we see that. And there’s nothing wrong with conformist. It. But it’s the Non conformist that drive progress problem for the nonconformist. It’s harder for them to get funding. And so you’ve got to have abundant money that’s untaxed. People willing to lose it in order to get it.

I mean Silicon Valley was created by Rockefeller, Vanderbilt and Phipps. Well, families with so much money that they could lose. And this is important for now and in the future. The rich people, they got rich improving our lives. They can improve it even more with their investing if they’re willing to invest in how to make humanity flourish. Instead of. I think they’re like Rockefeller, like the Rockefeller medicine where they invested their wealth to control the medical system and they controlled the boards. You know, Rockefeller medicine is in famous for shutting down holistic practices, shutting, turning chiropractors into quacks controlling the medical boards.

They use their money to control the industry and to make a bigger fortune instead of doing exactly what you’re talking about, which is the nut of progress. They, you know, of investing in these people who are different and think differently. They, they have enough money to use it to control an industry instead of doing what you’re talking about. That’s interesting. Yeah, yeah. Hopefully I got you thinking. Well, you know, I don’t know. Your ideas are, the principles are right. It just needs to be applied everywhere. Well, and all the more reason that you want to massively reduce the tax burden on the richest.

Again, no one’s willing to say it. I want to say it that it retards progress to overtax the rich so much precisely because there’s going to be a few of them who are going to be off the beaten path in terms of whom they invest in, as you describe, the ones willing to, to fund the quacks. The quacks need to be funded. Think back to when AIDS was the big scare people. The complaint was government’s not doing enough. Oh no, no, no. You want every whack job on earth coming up with these holistic solutions. Yeah, the weird ones shutting down.

You don’t want to go through the medical profession. It’s like did banks invent credit cards? No, they did not. Every did. Did the, the movie industry invent Netflix? No, it did not. Every great advance did did come from outside the industry. Did Walmart invent the Internet shopping on the Internet? No. The great advances come from outside it and we want, we want the crazies funded. And that’s why during COVID when they shut down all the voices, it was exactly the opposite. If they could get to these, these Free market principles is what you have. I, I, I’m a little nervous about, you know, true free market principles.

Is the very ultra wealthy not doing what the Rockefellers did to use their wealth to control entire industry and a population. That’s not free market principles. We have to figure out how to not to let that stuff happen, but exact the free market principles of allowing, you know, everybody in the quacks to get involved. They actually created the quack opera, what was it? The quack quack something where they were shutting down people with different ideas and thoughts on medicine. They called it the quack attack. There was a name for it actually with quack in the world in the word in their phrase.

This just happened within the last like four years where they targeted medical, all these medical people and they call it the quack something and they’re shutting people down everywhere. And most of them turned out to be. Not most of them. A decent percentage of them turned out to be correct. So your ideas are exactly that. But I just think we need to take those ideas of your free market principles and then apply it in a way that is a little, we protect ourselves a little bit. That’s why there’s protections, monopoly protections and things in our Constitution.

Because they knew that people would do what the Rockefellers did it. Well, I like monopolies a little bit more than you than you do. Only because if they become a monopoly, that means they’ve discovered something. They discovered a market that didn’t exist. I feel like inevitably someone’s going to come along and knock them off their perch. They always do. They always. Sears was once monopoly. A and P markets was once monopoly. IBM once was. Microsoft was thought to be, but then they were laid on the Internet on smartphones at and T was, I mean, yeah, yeah, someone’s going to come in.

Well, and I think Google is going to be knocked off their perch because I think AI is going to take over the search engine stuff. Well, you’re seeing it already. I mean Google’s a monopoly. Look at how much your search results have changed on Google Precisely because they’re like holy. If we don’t, if we don’t improve our search, AI is going to take us out. And so my experience on Google is great. Have been a monopoly. They have been. But I do think AI don’t like Google. I sued Google because. Oh, you did? Well, they surprised, they took, they, they’re still suppressing those of us.

We were, we had more views than the entire mainstream media combined. They shut us down for that reason. And we’re still shut down and on, on YouTube and Google and they took websites that were doing very well. They didn’t like their message and they were, they knocked their search down 99% to what, 1% of what they were getting because they didn’t want people to hear what they had to say. So Google has been served, used as a weapon against the people and that’s what people don’t realize. But I mean I see your point about the monot, you know, monopoly that come in.

But Google was also funded by the NSA and our government and I don’t like that. And, but I do see AIs coming and eating their lunch and that’s a good thing. Although AI has their own issues too. I don’t know. I love these conversations because your free market principles are exactly right. It’s just we need to bring in all these other things too. Well, you only do that with more investment and that’s what we want. You’re right. Well, you’re great. Okay. Where do people get access to your books? Because you do think differently and I love that.

Well, they can go on Amazon among other things and buy every ever buy lots of books of each copy of the book. You don’t find them as often at Barnes and Noble as you used to, but that’s okay. Amazon’s the more and more the game in town on books and they’re generally very short books, but there’s no charts or graphs or equations. There’s just using real world examples to explain the world around us. And so sometimes the ideas are ridiculed. But I take that as a compliment. If everyone agreed with them, why am I here? I think the fact that your ideas are ridiculed and you’re trying to get information out there gets people thinking.

If all of us are thinking in the same direction all the freaking time, we’re not going to get anywhere. We need to be challenged. And if I our idea is so great then we it should hold up to, you know, scrutiny and maybe it’s not perfect and we it’s good and we need to change it a little bit or whatever. But every idea needs to hold up to scrutiny. Otherwise it’s not want something that I’m willing to do. Right. Yep. So anyways, thank you so much for joining the program. I hope you thanks for okay with my pushback.

Yeah, I loved it. Thank you. I just want to be in, I want to have a discussion, you know, so this is great. Thank you. What’s your website again? Oh, it’s www.realclearmarkets.com that’s where you can find my columns every day. And then. So, yeah, I’m all over the place trying to get these ideas out there. Thank you so much. Thank you, sir. I appreciate it. Sa.
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