01:19:20.260it was a story of the Rothschilds and the story of the creation of the central banks in America
01:19:25.340when the founding fathers were so opposed to central banks. And it showed the sort of conniving
01:19:32.180forces that led to that being created in America all those years ago. Yeah. The city of London
01:19:38.240predates London, the city, says Jason Mironchuk. I'm going to just throw in some comments that can
01:19:44.320speak to the veracity of what I'm saying or challenge me. I'm not sure. The size of the
01:19:49.300over-the-counter derivatives is a few orders of magnitude bigger if i recall correctly this is
01:19:53.780sean wyland and they're all interest rates sensitive to those targets for government bonds
01:19:58.220you mentioned uh jason says kazars are part of the og city of london but the modern version
01:20:04.180houses all the old euro banking farms and not that's not just jewish and exactly that's what
01:20:09.440i was getting to where you know i don't want to start like breaking out the magnifying glass and
01:20:13.800say actually it's because they will say that all forms of loans ever have always been jewish and
01:20:19.960i'm not sure i subscribe to that what do you think what do you think about all this so far
01:20:24.060you follow me on this uh yeah i'm following all right i'm gonna just pull from this i'm going to
01:20:29.400page three here so it says an imperialism of capital has grown up within the last two centuries
01:20:36.400from small beginnings until is now the mightiest power that has ever existed on earth it is an
01:20:41.740imperialism mightier than the empire of the caesars grander than the empire of napoleon
01:20:46.480and the hour of his highest glory in comparison with it all other empires sink into comparative
01:20:51.780insignificance this titanic power is the imperialism of capital which i call by way of
01:20:57.020distinction the money power and so i'm going to skip ahead i'm going to skip ahead through a lot
01:21:03.400of this um i'd recommend people find it we're talking about the great red dragon um it says
01:21:09.800The power of the world had origin and small beginnings in the 18th century, but has reached its grand development in our own age.
01:21:16.140It had its origin in the British East India Company.
01:21:19.280It has grown up so quietly that its grand centralization has not attracted the attention of mankind.
01:21:25.640Indeed, it has only become powerful enough in our own age to produce startling effects upon the industry of the world.
01:21:32.080The ages before the invention of the steam engine, the chief commerce of the world consisted of the interchange between the temperate zone and the tropics.
01:21:38.420there was but little interchange between the different countries in the temperate zone
01:21:42.140for all having the same climate and agricultural productions each country produced sufficient
01:21:46.120for its own consumption uh let's skip ahead to page 11 here so um this has been the regular
01:21:58.980method of the money kings for the last hundred years starting new manufacturers new shipping
01:22:03.880companies, new trading companies, getting in all the outside capital possible, then freezing out
01:22:08.900minority stakeholders, stockholders, and throttling outside competitions, getting all nations in debt
01:22:15.780to them and making parasite investments on the amount of the deficit of the balance of trade,
01:22:20.920putting in the profits derived from the East India Company first, and then not only putting
01:22:25.540in its profits, but continually reinvesting all the profits of all enterprises in the country.
01:22:30.280even in the beginning of the second era of growth of the money power it realized immense profits
01:22:36.420profits so great as enabled the money kings to loan the money necessary for both sides to sustain
01:22:41.960the immense armaments of wars of the french revolution and this is something that's been
01:22:46.220remarked upon in other books how the bank of england and these other institutions would fund
01:22:50.520both sides of the conflict and find a way to profit on the conflict itself i think if you trace
01:22:57.340this back to what he's talking here it's sort of the dawn of this era of monetizing war and
01:23:03.680certainly there is always people who can make money off of war off of you know you know conquering
01:23:10.000a land and taking its resources and vice versa but you know the idea that there could be a third
01:23:14.760party that can monetize a conflict i do think that would have emerged around this era and would
01:23:20.120have been historically unprecedented i would you know people can fact check me on that to go back
01:23:25.380to rome i'm sure there was money changers involved there too um i'll just check here the
01:23:33.220during oh yeah mirin chuck says during cover the u.s and trillions to all the old euro banks that's0.95
01:23:40.680true uh sex frequent says dude so many people are jumping in joy at the occasion to hate uk
01:23:46.900people again and i'm one of them um let's get the 17 here the money power has been continually
01:23:57.880widening its operations in each successive era of its rise the first era was the era of the east
01:24:03.980india company and of commerce based upon tropical products and the exchange of those products in the
01:24:08.840second era the money power added steam manufacturers to the trade uh with the tropics which it
01:24:14.180previously held in the third era of its rise the money power added to its previous sources of wealth
01:24:18.700the vast power derived from the possession of steam transportation in railroads and steam
01:24:24.440ships so due to when this was written rail lines seemed like the big thing and like coal yeah
01:24:31.760exactly like that's revolutionary yeah um uh johnson said the uk isn't a health service with
01:24:39.160a country attached it's an international money laundering operation with a country attached
01:24:43.940which puts them firmly in the middle that's like half of all countries now yeah exactly i like that
01:24:50.000that way of summarizing uh 17 uh nope we just did that skip ahead to page 57 again i'm skipping a
01:24:58.660lot here but i would recommend people read this at uh their first convenience so devourings of
01:25:05.300the money power in the u.s this is where we get into its relationship with the united states which
01:25:10.100is where this was written the money power as we have seen has already devoured many of our great
01:25:14.400lines of industry is now enveloping every industry it is not already devoured is crushing them in the
01:25:20.280folds of its capital preparatory to devouring them by their monopoly of transportation the railroads
01:25:26.100are securing a monopoly of the coal supply for mines owned by them in some instances before the
01:25:31.860passage of the interest in commerce law they refuse transportation to coal of other companies
01:25:37.520they usually form a separate company which owns the coal mines and they have given special rates
01:25:42.240to such companies and one thing he detailed in this that i didn't get to was the process of
01:25:48.080setting basically describing shell companies saying that the bank does invest but it'll take
01:25:53.040three of its employees to start a shell company and they will invest in it so from the outside
01:25:58.880it's not just the bank doing everything and this would have been an innovation for that era of
01:26:04.160setting up this in like this multitude of fronts but you know to the people of the era that would
01:26:11.580sound you know preposterous like it does you're used to seeing like the one tree trunk that's
01:26:18.180you know everything's branching off from but you know it's much different than uh0.99
01:26:22.420yo bs is a podcast the two gay guys attached oh oh oh fuck uh he got us just turn it off0.99
01:26:34.840we're done we're going fucking out of here um even under the interstate law regulating railroad0.99
01:26:42.400traffic their monopoly of coal mines is not hindered for even if they made equal charges0.93
01:26:46.560of their own coal and now the companies yet okay um and it goes you can kind of see the titles here
01:26:52.840going through tales and accounts of how this money power has devoured american industries
01:26:59.800from the perspective of the late 1800s a lot of these would have been lost to the sands of time
01:27:05.140but um you know product oil production coal production corn farms everything like that
01:27:12.560the devouring of the retail trade um skip the page what was that 90 what's that 98
01:27:24.220hold on okay uh what the money power has been doing in this country it's been doing all over
01:27:32.640the world all over the earth it is extending its empire over industry commerce and wealth
01:27:37.360the national debts of the world now amount to about 26 billion dollars wow that must have seemed
01:27:43.720like a lot back then what are we at right now 20 quadrillion dollars just a number that it could
01:27:52.700be made up it could be not my my individual mind has no utility for the number that large right
01:27:59.940it's estimated that the entire indebtedness of the world national state country municipal
01:28:05.180corporate and individual amounts to over 70 billion dollars wow we your three-fourths of
01:28:10.860three-fourths of this indebtedness is owed to the money power and that's a moderate estimate
01:28:15.340then at four percent the income from interest alone amounts to um two billion a year beside
01:28:22.700this as the profits derived from its manufacturers uh from all these sources the money power have an
01:28:27.860annual revenue vast beyond computation in the united states the money power is making almost
01:28:33.440all the money that is made our people used to get the liverpool price for our produce the profits
01:28:38.160being divided between the producer the merchant who shipped and the ship owner who carried it
01:28:43.200but after the money power bought our ships we only made the profits received at the seaboard
01:28:47.440and now the money power has devoured our import and export seaboard trade our railroads basically
01:28:55.360just to skip that he's described the creation of the bank of england and how it has taken over
01:29:00.880Now, I think it would be fair to say that due to the central banks in America, like America would not just be a passive victim in all of this, that there is a financial war that's occurring.
01:29:14.880And if we'd speak to Stormy Waters about this or Tom Luongo, as we will in the future, what we're seeing is a power struggle currently with the Bank of England on the downslope, that it's in trouble right now.
01:29:29.940And America might be seizing back its financial sovereignty for the Bank of England.
01:36:33.200Let me just say this, but I actually want to get back to the drywall thing.
01:36:36.820London is in the grips of a gold shortage as traders line up for lease get bars out of the Bank of England and ship them to the U.S. amid fears of tariffs on imports.
01:36:46.080um so when trump starts talking tariffs you know maybe this is related to that it's hard for me to
01:36:54.220think that's not related um the bank of england released a statement regarding their four eight0.97
01:37:00.620week lead time to deliver gold to clients the same reads we sold off all our fucking gold0.96
01:37:05.360what a brish looking guy too right0.96
01:37:09.100a visit to the bank of england with some bitcoiners
01:37:14.320um the bank of england says that the uk productivity situation is even worse than
01:37:20.540previously thought it's falling fast and the bank doesn't fully understand why
01:37:24.160anyway bank of england selling off a lot of gold people are panicking tariff related probably some
01:37:30.520part of some larger power play is what i presume um you the gold price is insane right now people
01:37:37.460are calling it a city of london bank gold run gold bank run if you believe that um yeah ted
01:37:43.880lafaro anyone knows how gold prices are skyrocketing right now i heard talk of that
01:37:47.760earlier this week like people are watching the bitcoin price which is stable now like 95k
01:37:53.980i have gold coin and silver and i'm like i'm just kicking myself that i don't have any gold i used
01:37:59.600to hold gold and i sold it i just fuck man oh here's a jason under libor the city of london0.84
01:38:05.640decided what the u.s currency traded at the u.s fed changed over to so far last year putting the0.99
01:38:10.920u.s in charge of its currency that's the explanation you know for a couple of ham and
01:38:16.940eggers like us i don't even know if i can make heads or tails that i'm gonna take it as true0.94
01:38:20.320libor so far how about um uh fucking uh how about tnd yeah0.98
01:38:30.180how about uh it's a library you got these fucking golden how about getting a hummer0.98
01:38:38.060while you're driving how about you so for these nuts thank you there it was he saw it and he went0.98
01:38:43.400for it um let me just check this okay salmon fish back in the chat um it must be a dead chat because
01:38:51.220i'm really going out of the salmon fish comments because 1.618 was unresolving and square root of
01:38:59.040five was never sold me and the golden ratio was never actually presented i notice he has not0.97
01:39:04.220accepted your invitation man he left us on oh man damn how the fuck am i gonna get jared taylor on0.90
01:39:16.540if i can't get king salmon fish on um so yeah anyway that's really all i had planned for that0.94
01:39:24.940segments um that's all i think i can speak to but i am going to get a panel going in the future for
01:39:31.840all this um so were you done with the drywall thing because apparently there was a big conversation
01:39:38.940going on about drywall and people i think i think it was a bit because uh appa and i share a hatred0.98
01:39:46.360of philosophy and reading and academics so he's just saying fuck your show i just want to hear0.97
01:39:53.240judas talk shit about drywall as a thing this is i mean i don't i don't actually have three hours0.99
01:39:58.800of drywall stories i have one drywall story because uh i'm not a drywall guy sean here0.97
01:40:04.260reminds me of frederick list delineating between merchant power and industrial power and that's a
01:40:09.040book that we covered quite a while ago we covered two books uh back to back one was um what was it
01:40:15.560the theory of political economy yeah by frederick list and then right after that it was free trade
01:40:21.720doesn't work by i want to say ian fletcher both made essentially the same arguments about
01:40:29.880the importance of scalable industry frederick list was written i think around 1920 maybe whereas
01:40:37.740ian fletcher's was written you know much later i think in the post 2000 i'm pretty sure so it's
01:40:44.240interesting i was making the exact same financial argument across time but with with basically what
01:40:50.000Frederick List was predicting having come to pass and what we do from there. The biggest takeaway
01:40:56.040from those books, I always think about this. There's a lot of great information in there, but
01:41:02.000it was one with Ian Fletcher's free trade doesn't work. You'll hear this from Third Worldist too,
01:41:08.860that we talked about the global marketplace or global trade. Global trade technically only
01:41:14.740involves a handful of nations western nations and then they're vassal states that feed into
01:41:21.060global trade but it's really only driven by a few countries in europe and then japan and
01:41:26.900kind of china but not really but yeah let's just say china too but then the rest are just feeding
01:41:32.100into that and it was saying that how does a nation you know accumulate enough sovereignty
01:41:38.920to get into that stratosphere and it was using the example of the uk and it was saying that um
01:41:44.200what you need is scalable industries and this is why america and and countries that know what
01:41:49.920they're talking about are so obsessed with developing new technologies because they are
01:41:54.340a multiplier of capital they're not going to take us into modern monetary theory but the idea in
01:42:01.800short is that you know if you have agricultural land there's a low ceiling on how much yield you
01:42:06.400can get from that how much profit you can extract because you're limited by just what the land can
01:42:10.740produce. And it's also pretty erratic. However, with
01:42:14.940manufacturing with automation, the idea was you can actually
01:42:17.740develop technologies that get things done faster and more
01:42:19.920efficiently. So if you pour money into it, more money comes
01:42:22.920out, and it doesn't necessarily have to maximize the space, you
01:42:27.060can extract more capital from a smaller, you know, topography.
01:42:32.520And that's gone even more and more accelerated with information
01:42:35.640technology. So that's why these countries are so interested in
01:42:37.860that but there are nations that have not grasped that that they think oh we're gonna pin our hopes
01:42:46.460on real estate and agriculture and natural resources and natural resources are a gamble
01:42:51.720because sure you could find the the biggest deposit of x mineral you know hopefully but if
01:42:59.340you don't then you don't control that so the idea of sovereignty is that you can control it you have
01:43:04.400mastery over it and you're not just a slave to the nature of it all so what they were saying was
01:43:10.760what's interesting in the case of england and a lot of these other countries was that
01:43:14.720they embraced free trade for a bit and then they they closed off their borders they instituted
01:43:21.760tariffs and economic protectionism until they could generate their own sort of manufacturing
01:43:28.520base in their country then they opened it up to free trade later on when they could actually
01:43:33.660compete but if you are a nation that wants to engage and interface with the free trade marketplace
01:43:39.540and you have not taken the steps to really generate your own manufacturing base then you're
01:43:44.520just a slave to it and other case other cases of this japan and richard werner's princes of the yen
01:43:50.420is the most detailed example in my opinion of how they did how a post-war country that wasn't in
01:43:56.960europe because you can find european examples but let's say you don't let's say you want to just see
01:44:00.880how this process works elsewhere in Japan was a great example of doing that and rising very very
01:44:07.180quickly to enter into that global marketplace sorry I cut you off there no no no I I just I
01:44:13.160agree oh salmon fish he will do a stream okay perfect oh Jim Bob went four hours with salmon
01:44:21.620fish recently I gotta hear this um anyway so those were the two examples three examples actually of
01:44:29.380how this uh how this works on a global scale and we covered princes at the end fairly recently
01:44:34.580those other two books you have to go back to the archives we do have clips of those
01:44:38.500if you check out our youtube channel let me just pull that up on the screen everything should be
01:44:46.100there blood salad here we go yeah here we go blood salad check us out on youtube it's going to have
01:44:54.900all of those videos i got a short it's got her live on there too all our previous streams scroll
01:45:00.100down and you will find um there's this one that's the japanese shadow war economy that's when we get
01:45:06.740the more detail there um yeah so scroll down and you'll find it anyway i guess we can probably end
01:45:13.460soonish because i don't i had one more video to maybe get to but we don't have enough time for it
01:45:19.620unfortunately we might save that for the next one the next no oh geez i want to do it right
01:45:27.380it's 40 minutes long and um it's uh i'll just preview it here let's see it's gonna be this
01:45:35.500it was a fifth estate uh little mini documentary inside the interrogation room the men who are
01:45:41.380themselves at the convoy protests this is uh the the coots the couch trial that people are talking
01:45:48.000about the diagonal was involved all the stuff they produced this highly amusing you know a little
01:45:54.780film here um you know what let's just watch a bit of what's fifth state cbc right like this is a
01:46:01.260state it's so funny because like it's state comments are turned off 100 funded by the federal
01:46:06.560government about a case where they were trying to arrest enemies of the federal government0.98
01:46:12.460like does anybody believe this shit it's unreal let's just watch a bit of it yeah yeah let's0.96
01:46:18.340let's just take a look i i i had a lot of fun watching this0.98
01:46:23.100the following program contains coarse language
01:46:28.800viewer discretion is advised like they think it's still telling
01:46:32.320on this edition of the fifth estate we return to the pandemic a time of mandates
01:46:42.420lockdowns, and chaos in the streets across Canada.
01:46:45.280I hope every border in Canada is blocked.