Stay Free - Russel Brand - The Money Is Breaking — And So Is the System | Max Keiser — SF670

00:00:07.000 Ladies and gentlemen, Russell Bran trying to bring real journalism to the American people.

00:00:16.000 Hello there, you awakening wonders.

00:00:18.000 Thanks for joining me today for Stay Free with Russell Bram.

00:00:21.000 Got a fantastic show for you today.

00:00:24.000 I'm speaking to Max Kaiser, the Bitcoin expert and former host of the Kaiser Report, a very popular financial program.

00:00:32.000 Max Kaiser is here to explain to us the significance of Bitcoin in organizing systems that are outside of the mainstream.

00:00:38.000 It's Britain is destroyed by a cancer, as inflation means essentially that all of us have got less and less money all the time, unless you're in the absolute upper echelons of society and can benefit from the peculiar global movements and transactions that appear to be taking place, which is beyond the reach and remit of most of us.

00:00:55.000 We're at a point where something critical has to change.

00:00:58.000 Max Kaiser's kind of like, I suppose, an evangelist, the self-declared high priest of Bitcoin.

00:01:04.000 So if you're interested in cryptocurrencies, although I know he hates that phrase, pay attention.

00:01:09.000 But also if you're interested in the organization of systems outside of the mainstream, a lot of thinkers believe that the best way to approach this revolutionary moment when no one can agree on anything, whether it's the murder of Rene Good or the sympathy that ought to be afforded to an ICE agent that's doing his job, how do you come up with a definitive position on any of these things anymore?

00:01:32.000 Other than the definitive position is God is great, God is real.

00:01:37.000 Human government has gotten to the point where it's so adept at imitating God's omnipotent, omniscient, omnipresent power that we forget that it's just bureaucracies and institutions made up of fallible human beings and the position of centralization as superior has to be robustly examined before assuming that it's the best way to run any community at all.

00:02:01.000 Why would minimal government not be the best idea?

00:02:04.000 Why would direct democracy not be the best idea?

00:02:07.000 And why would currencies outside the control of centralized banks not be a benefit and an advantage if those were the systems you were interested in pursuing?

00:02:18.000 If you haven't got Rumble Premium yet, get Rumble Premium Now.

00:02:20.000 And if you've not tried our amazing reborn products like this fantastic adaptogenic mushroom super coffee with Ashwagandha and Lion's Mane, which sounds like a character from the Lion King and makes you feel as potent as Mustafa, you are my son.

00:02:38.000 Then you are missing out.

00:02:40.000 Me mostly, I'm down with that methylene blue baby.

00:02:42.000 I'm loving that creatine.

00:02:44.000 Get onto tryreborn.com now and make your purchase.

00:02:48.000 Let's get now without any further hullabaloo.

00:02:51.000 I know this is an unusual way to dress.

00:02:52.000 I mean look at the whole thing. 0.98

00:02:53.000 I mean it's ridiculous. 0.90

00:02:54.000 I've got this on. 0.82

00:02:55.000 It's held together with a sort of an ammo belt.

00:02:58.000 I'm armed to the absolute teeth for reasons of safety that I'm sure I don't need to explain to you in an environment where people are being regularly assassinated and suffering reputational attacks.

00:03:08.000 You've got to be ready to fight with the UK deep state plainly on my back.

00:03:13.000 You've got to be ready for action baby.

00:03:14.000 And part of the action we'll be taking is the advocation for direct democracy and ways of attacking these disgusting and corrupt systems.

00:03:21.000 With no further ado, here's Max Kaiser helping us to understand Bitcoin.

00:03:24.000 And remember, you're watching us on Rumble now, so if you want to make donations or tips using Bitcoin, you can do that directly.

00:03:30.000 Isn't that right, Jake?

00:03:31.000 That's right.

00:03:31.000 Jake, why are you not wearing a reborn hat right now?

00:03:34.000 I was going to wear it and then I forgot I was going to be on the show again.

00:03:37.000 What's that?

00:03:37.000 You've got an unusual head, is it that you've seen it?

00:03:40.000 But my reborn hat, the one with the camo.

00:03:40.000 Yeah.

00:03:42.000 Oh, I like that one.

00:03:44.000 I love that one.

00:03:44.000 I like the one you have.

00:03:45.000 This is a good one.

00:03:46.000 This is one of my favorite ones.

00:03:47.000 Yeah, I'm pretty much sure.

00:03:48.000 You're looking very natural in a hat nowadays.

00:03:50.000 That's weird.

00:03:51.000 I just couldn't wear a hat for a long time.

00:03:53.000 What happened?

00:03:54.000 Oh, you're American now?

00:03:55.000 I'm American now.

00:03:55.000 I've got a truck.

00:03:56.000 I've got a gun.

00:03:57.000 I'm reading the art of war as instructed.

00:03:59.000 Those who use the military skillfully do not raise troops twice and do not provide food three times.

00:04:05.000 This means you draft people into service once and then immediately seize victory.

00:04:10.000 You do not go back to your country a second time to raise more troops. 0.99

00:04:14.000 Bear this in mind, Kierstalman, before starting a war against Russia, you lunatic. 0.99

00:04:18.000 At first you provide food, after that you feed off the enemy. 0.98

00:04:22.000 And then when soldiers return to your country, you do not greet them with yet more free food.

00:04:27.000 Determine whether the enemy can be successfully attacked, determine whether you can do battle and only afterwards raise troops.

00:04:34.000 Then you can overcome the enemy and return home.

00:04:36.000 Do not raise troops twice lest the citizenry become wearied and bitter.

00:04:41.000 This is good stuff, man.

00:04:42.000 I'm going to read this whole book.

00:04:43.000 The War of Art is also a good book.

00:04:45.000 The War of Art?

00:04:46.000 Why, what is that?

00:04:47.000 That one's about the process of being a creative, the opposition that you face.

00:04:52.000 It's not easy.

00:04:53.000 It's not easy.

00:04:53.000 If you want gleaming skin, hair and reproductive organs, try this magnificent product.

00:04:59.000 I just took a glance at my own mid-section and my word, it was spectacular to look at.

00:05:05.000 It looked like Carmen Miranda's hat.

00:05:08.000 If you're familiar with her, she's that lady who used to wear like fruit on her head in the 1920s in Paris when Picasso lived there. 1.00

00:05:14.000 Breton, Salvador Dali. 0.93

00:05:16.000 And there was a movement because the First World War had introduced people to so much horror and suffering that it somehow created this sort of explosion of creativity as if to amend for the horrors of the war in recognition that all the people that are telling you that they're the reasonable grown-ups that know what they're doing are actually mad psychopaths.

00:05:34.000 And I would consider COVID to be a sort of a comparable time.

00:05:37.000 Not so brutal, obviously, as the First World War, but an obvious example of the deceptiveness and untrustworthiness of the institutions of power across the globe that appear to govern us.

00:05:47.000 Remember, C.S. Lewis, that great Christian writer, depicts the demon class as a bureaucracy. 0.97

00:05:53.000 Did he do that by accident?

00:05:54.000 I don't imagine so.

00:05:55.000 Okay, if you enjoy our content, please subscribe to Rumble Premium.

00:05:59.000 If you're watching this anywhere other than Rumble, get on over to Rumble right now.

00:06:04.000 And before Max Kaiser, here's a quick message from one of our partners.

00:06:09.000 You know and I know that we are living in volatile times of incessant crisis and in such times you need something solid, not ethereal.

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00:07:42.000 Okay, please, thank you.

00:07:43.000 I love it.

00:07:43.000 I'm from England.

00:07:44.000 Here's Max Kaiser.

00:07:47.000 We are joined by Max Kaiser today because Rumble now affords the ability to make donations or tips or perhaps some jargon that I don't yet understand in Bitcoin.

00:07:57.000 I thought, who better to talk to than the Sultan of Bitcoin, the Emperor of Bitcoin, the El Salvadorean Eldoradian, gold prospector, the miner, the major, in a sense, the stave upon which the tune of Bitcoin is played?

00:08:15.000 Max Kaiser, thanks for joining us, Max.

00:08:18.000 Thank you.

00:08:18.000 Thank you, Faz.

00:08:20.000 You can just call me the high priest of Bitcoin.

00:08:23.000 The high priest of Bitcoin.

00:08:25.000 It's an honor to be with you.

00:08:27.000 Tell me why it's important and significant that Rumble content creators can now receive Bitcoin directly into a wallet that isn't mediated or in any way brokered in Bitcoin.

00:08:41.000 Yeah, sure.

00:08:42.000 Well, people want Bitcoin now.

00:08:44.000 You know, its popularity has increased dramatically over the years.

00:08:50.000 And it's also very easy to tip people in Bitcoin because it's electronic.

00:08:55.000 So you can just send it electronically over the internet at a cost of virtually nothing.

00:09:01.000 And so those are the two main reasons.

00:09:04.000 People want Bitcoin and it's really cheap and fast to send Bitcoin.

00:09:08.000 Jake, tell us exactly what it is that we can do now.

00:09:11.000 Jake's the producer and contributor to this show.

00:09:13.000 Yes, it says Rumble, the Freedom First Technology Platform, the largest company in the digital assets industry, today launched the Rumble Wallet, a non-custodial crypto wallet integrated directly into the Rumble platform.

00:09:28.000 By embedding crypto payments into the video sharing platform, Rumble Wallet eliminates the need for intermediaries like ad networks, banks, payment processors.

00:09:39.000 Creators can now receive direct, fast, borderless payments from their audience.

00:09:43.000 Is that innovative, Max, an important?

00:09:47.000 Yeah, there's no intermediaries.

00:09:49.000 That's the key phrase of that sentence.

00:09:51.000 So the payments do not go through a bank.

00:09:55.000 They do not go through any financial intermediary.

00:09:57.000 This is important, obviously, because therefore it cannot be censored.

00:10:01.000 That's why when Julian Assange needed money when he was in the Ecuadorian embassy, people were able to send him Bitcoin and nobody could stop him, even though the credit card companies and PayPal stopped all payments going into Julian Assange.

00:10:14.000 So Bitcoin saved the day there.

00:10:15.000 So there's no intermediary.

00:10:17.000 It's uncensorable.

00:10:18.000 You cannot stop it.

00:10:20.000 And people want to be able to send money freely without having any intermediation.

00:10:24.000 And this is true for individuals, but it's also true for countries, right?

00:10:28.000 Countries want to be able to send money around the world without having the SWIFT system, which is a way to send money globally.

00:10:35.000 It's used to curtail money being sent around the world, et cetera.

00:10:39.000 So it depoliticizes money.

00:10:42.000 It's just lets money be money.

00:10:44.000 That's very interesting because to depoliticize money is a pretty radical concept because in a sense, money is the artillery of politics.

00:10:54.000 The ultimate arsenal of politics is the ability to withhold, withdraw, or enhance.

00:11:00.000 But you only need to look at American politics.

00:11:02.000 And if you were to suggest, well, Republican or Democrat, why don't we just not have donations and not have lobbying?

00:11:08.000 No one's down for that move.

00:11:10.000 And that tells you where the true power is.

00:11:13.000 The power is in the currency unit itself, Max.

00:11:16.000 So do you think that this, significant though it is independently, do you think collegiately with other ideas that are about decentralization, it could be actually revolutionary, i.e. change existing power structures?

00:11:31.000 Well, absolutely.

00:11:32.000 Let's talk about this depoliticalization of money for a second.

00:11:36.000 So Bitcoin does something that has not ever been possible in the history of money in that it separates money from state.

00:11:44.000 It separates a central authority from money.

00:11:47.000 And in the past, all money has been going through a central authority in the state, right?

00:11:53.000 States organize themselves politically.

00:11:55.000 They have a system of money and that money is controlled by the state.

00:12:01.000 And it's always been a dream to separate money from state the same way there was once a dream to separate the state from the church, right?

00:12:10.000 That happened a few hundred years ago.

00:12:11.000 It gave us the age of enlightenment.

00:12:13.000 So now we have the separation of money from state, and we have a new age of enlightenment, or as Stacey Herbert likes to call it, a Renaissance 2.0.

00:12:22.000 And at the kernel of that Renaissance and that revolution is the separation of money and state, because only Bitcoin allows for the network to be entirely decentralized and yet robust, safe, and practical to use on a day-to-day basis for people who want to exchange value over the network.

00:12:39.000 The thing is with the Enlightenment is whilst no one would quarrel with the evident, observable and measurable benefits of the Enlightenment, whether they were technological or many of the ideological discoveries or at least ideals that emerged from that period.

00:12:58.000 But the challenge of the Enlightenment is that it ultimately led to positing that human authority is supreme, that the authority of the mind and the authority of reason specifically can't be superseded by any transcendent or divine authority for want of a better term, Max.

00:13:16.000 And in a way, that has led to despotism and forms of despotism that are not obvious.

00:13:23.000 We're all aware, oh, no, North Korea isn't that terrible or Rwanda, that was bad. 0.86

00:13:28.000 It's not so easy to say that the UK is despotic.

00:13:31.000 Now, so whilst an Enlightenment has certainly got positive aspects to it, and I can see that what excites me about Bitcoin and Rumble's embrace of Bitcoin, for example, is that is exactly as you say, it's non-traceable and it's decentralized.

00:13:48.000 My concern is kind of a continuation of a conversation that we had on stage at the Bitcoin conference in El Salvador.

00:13:56.000 And something that I've been thinking about since you said it, that you said that the spread of Christianity was afforded by the Roman roads.

00:14:03.000 And I think that's a very fair thing to have contested, though I've not done any research since then.

00:14:08.000 I could have done, I could have come back, haven't done some research, really argued with you about it, but I've not done that.

00:14:13.000 But what I will say is, because I know you think that Bitcoin is itself the resurrection rather than a potential tool for a sort of a more divine expression of power or a truer expression of power, wouldn't you consider it to be crazy if we worshipped the roads themselves rather than acknowledged the roads could be a means by which the true message could be spread?

00:14:36.000 And do you think it's possible that Bitcoin decoupled from ideology means that the best ideology will ultimately win in the marketplace?

00:14:48.000 Well, let's go back a little bit there.

00:14:50.000 So you were talking about the Enlightenment and what maybe we lost from the Enlightenment.

00:14:56.000 And if I'm hearing you correctly, you're positing that maybe we lost a spiritual connection and a loss of spirituality as a result of becoming technical at that point.

00:15:07.000 And this whole technical history since then has led to this highly technocracy age, which people would critique.

00:15:13.000 And I think rightfully so.

00:15:15.000 But with Bitcoin, when you have individual sovereignty, when you have your own Bitcoin that is unconfiscatable and nobody can interfere with those transactions, there's no intermediary and it's unconfiscatable and it's guaranteed to mathematically increase in purchasing power forever.

00:15:33.000 What happens is you're letting individuals interact with each other on the basis purely of values that would be completely outside of dogma, cant, or even political theory.

00:15:47.000 In other words, humans, if left to their own devices, are spiritual beings.

00:15:53.000 And in my view, Bitcoin allows for that spirituality to blossom because you're removing the authoritarianism that almost always comes with money.

00:16:01.000 So when you remove the authoritarianism that comes with money and you let individuals who are individually sovereign interact with their own human spirituality, and I believe all humans have an innate spiritual quality, then you're going to see a blossoming of spirituality, not a curtailment.

00:16:15.000 It actually enhances the goal of what you might call under the rubric of Christian values, not demeans them.

00:16:22.000 So we're on the same page, but let's give humans the ability to interact without being told how to interact by some central authority.

00:16:29.000 We know how to interact, Russell.

00:16:31.000 It's innate in us.

00:16:32.000 We're loving creatures.

00:16:34.000 Bitcoin allows that to happen more because we're also curious creatures.

00:16:40.000 And as curious creatures, we want to exchange value.

00:16:43.000 We want to travel.

00:16:44.000 We want to talk.

00:16:45.000 We want to make a basket made.

00:16:47.000 Weaver wants to transact with somebody who's raising goats.

00:16:50.000 How do you do that exchange?

00:16:51.000 You need something to make that possible.

00:16:53.000 We call that thing money.

00:16:54.000 And if that money is uncensorable and unconfiscatable and free to transact, then it allows for me to just talk to you as a human being and we can interact as human beings.

00:17:03.000 It removes authoritarianism that comes with the state.

00:17:06.000 Yes, I watched something the other day that said that if like with credit transactions based on ordinary fiat currency, every single transaction, the hundred dollars is being diminished by the ongoing brokerage of these centralized and secondary agencies and that your currency, you're sort of over time, you're incrementally being is being confiscated and you're being robbed.

00:17:32.000 And it's difficult to quarrel with your centralized.

00:17:37.000 Let me jump in for a second.

00:17:38.000 And I don't mean to cause your editor problems by talking over you, but unfortunately, I cannot contain myself.

00:17:45.000 So in other words, when you have this ability to have people interact without the interference of a state or any intermediary, they're actually transacting in a frictionless manner, which gives them agency in a way that they've never had before.

00:18:00.000 So this ends up giving some empowerment to not only the individual, but the collective, because everybody in that organization, that tribe, that group, that community is now focused more on what everyone ultimately would rather be focused on, and that is spirituality.

00:18:16.000 Yeah, you're right.

00:18:18.000 So, you know, at the moment, El Salvador is becoming sort of a bastion and as we discussed in the conference, a kind of shining city on the hill for this new form of currency.

00:18:30.000 How's it working out over there, man?

00:18:32.000 Are people like using it practically?

00:18:36.000 I just got my Bitcoin country passport.

00:18:39.000 This is the hottest thing on social media right now.

00:18:39.000 Look at this.

00:18:42.000 People are buzzing about this.

00:18:44.000 Passport is from the Bitcoin office.

00:18:46.000 It gives you a little guided tour of all the great things that are happening in Bitcoin country.

00:18:51.000 And what we're seeing here, Russell, is the emergence of what are called circular economies, whether it's in Bitcoin Beach or whether it's in Berlin or several other places.

00:18:59.000 Communities are seceding from the state.

00:19:01.000 They're creating their own communities and they transact, they save and they get paid in Bitcoin.

00:19:06.000 It's all in Bitcoin, saving, getting paid, spending.

00:19:10.000 It's all in Bitcoin.

00:19:12.000 And as a result, those communities are flourishing and thriving.

00:19:17.000 And of course, the state itself under Bukele has reduced homicides down to almost zero. 0.96

00:19:22.000 So you have hard money.

00:19:23.000 You have Bitcoin in the safest country in the Western hemisphere.

00:19:27.000 Plus, it's a country that's on the rise.

00:19:32.000 It's got the GDP is rising.

00:19:34.000 Tourism is booming.

00:19:35.000 Construction is booming.

00:19:38.000 It's really the shining city on the hills.

00:19:40.000 You say it's coming out of the fourth turning.

00:19:41.000 I don't know if you cover the fourth turning.

00:19:43.000 I'll talk about the fourth turning, but it's a theory that you have these 80-year cycles where societies collapse and then are rebuilt.

00:19:49.000 And I would say that the UK and the US are kind of in a collapse phase.

00:19:53.000 And you have El Salvador is the first out of more of a building phase.

00:19:58.000 You know, it's leading the world.

00:20:01.000 And to your point you made earlier about what I was going to talk about, you talked about how credit creation is what you said a moment ago.

00:20:09.000 You're absolutely correct in that money right now in the system is created through debt or credit.

00:20:15.000 When the bank in the UK, when HSBC loans somebody money to buy a house through a mortgage, that money comes from just simply creating it out of thin air.

00:20:24.000 That's how the money supply expands.

00:20:26.000 Right now, there's never been more money, fiat money sloshing around the globe than ever before, hundreds and hundreds of trillions of dollars of it.

00:20:32.000 And you see what's happening with gold and silver and other commodities are hitting new all-time highs because these governments and these banks can't stop issuing all this debt.

00:20:43.000 And that debt just adds to the overall supply of worthless fiat money.

00:20:48.000 And against that backdrop, you see the rise of hard assets.

00:20:51.000 And gold and silver are certainly catching everyone's attention right now.

00:20:54.000 They're hitting new all-time highs.

00:20:55.000 Bitcoin has already been onto this for years and it's soon to make a new all-time high as well.

00:21:01.000 Do you think it's possible, plausible, desirable, even inevitable then, that there could be a secession, as you termed it, admittedly in kind of micro economies within El Salvador, of various communities potentially eventually in Confederacy, seceding from their national authority and declaring themselves independent?

00:21:23.000 Would Bitcoin be one of the tools by which a community could say, we don't want to be part of the UK anymore.

00:21:31.000 We want to be an independent, autonomous community run by direct democracy, trading using Bitcoin and being independent when it comes to, say, fundamentals like food, food production.

00:21:43.000 The aim would be autonomy and self-sustenance.

00:21:46.000 You know, that other thing you and I share, Max Kaiser, other than, you know, other potential peculiarities and eccentricities is that we both know a little about the 12 traditions.

00:21:57.000 And I rather like the idea of boroughs being fully independent, except in matters that affect other boroughs or the Confederacy, let's call it, as a whole.

00:22:08.000 Could Bitcoin be used, Max, as a tool to set up independent communities, not just in El Salvador, as you said, although they're likely collegiate with the El Salvadoran government due to the nature of the project you're partaking in.

00:22:21.000 In a country that's more adversarial, particularly using your fourth turning analogy there or sort of rubric paradigm, is it possible that we could start to establish communities on that basis using Bitcoin?

00:22:35.000 Could it become a real threat?

00:22:37.000 Is it plausible?

00:22:39.000 Is there a political weapon, even though you say it's apolitical?

00:22:45.000 Yeah, absolutely.

00:22:47.000 Is it possible to secede?

00:22:48.000 And it is, and we're seeing it happen.

00:22:51.000 What happens is this tendency to overprint fake money goes back thousands of years.

00:22:56.000 Obviously, we know the story of the Roman Empire.

00:22:58.000 They were clipping coins.

00:23:00.000 They diluted the value.

00:23:01.000 They couldn't pay their soldiers and the empire collapsed.

00:23:04.000 With the current fiat money world, we see two possible outcomes when you overprint too much fiat money.

00:23:10.000 Number one is confiscation of gold, for example, as we saw in the 1930s in the United States, and then a revaluing against gold.

00:23:18.000 That was a confiscation of wealth from the population after the government went too far into debt.

00:23:22.000 Or they just go to war, right?

00:23:24.000 War is a great way to clean up your balance sheet because you kill a lot of people.

00:23:28.000 You give a lot of money.

00:23:30.000 Create an authoritarian top-down dictatorship essentially, and you go into rationing right, you start rationing food and rationing things, and that's how you deal with with a collapse.

00:23:42.000 But here now, in the 21st century 2026, we have something that people have never had before and that is unconfiscatable, uncensorable hard money that can only go up in purchasing power.

00:23:53.000 So those?

00:23:53.000 So what'll happen, in my view, is that these governments will once again find themselves in too much debt.

00:23:58.000 They will once again collapse, but this time we'll have all the money.

00:24:03.000 So, instead of the gold being confiscated, the governments will come to us, the bitcoiners, and beg for money, beg for this thing that can keep them going and, of course, we'll say, get lost.

00:24:16.000 That seems like right relationship.

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00:25:07.000 In the meantime, stay free.

00:25:11.000 I was struck then by the um continuum, the etymological continuum between rationing, rationalism and the evidential connection between rationing and control.

00:25:25.000 And to my earlier point about the enlightenment, is it afforded complete human control through technocracy ultimately, but likely in the kind of states we're talking about as being in decline and potential terminal implosion?

00:25:40.000 I'll use the Uk as not to offend the uh Americans.

00:25:43.000 Uh, that you know, you're all American, everyone else in this conversation and like it seems that the Uk is indeed grooming the population for war, legitimizing advancing uh hostility towards Russia.

00:25:58.000 And do you imagine that part of the motivation is as you described in the particular instance of the Uk and Russia max yeah, they're broke, the the Uk is broke and the United States is broke.

00:26:11.000 So uh, the United States is trying to buy whole countries to get out of the debt problem that they're in, like Greenland uh, they're trying to tell the central bank to lower interest rates, which is, which is, the absolute opposite thing you should do, because when you have uh, 1.5 trillion dollars a year in interest on your debt and close to 40 trillion dollars worth of debt, what you want to do is raise interest rates to defend the value of your currency by cutting rates.

00:26:37.000 They're simply going to extend and pretend they're going to increase the debt load from 40 trillion to 100 trillion.

00:26:43.000 So around the world, these countries go into debt.

00:26:45.000 Remember, World War II was the result of the reparations Germany had to pay after World War I.

00:26:50.000 Well, the America and the UK are facing the same problem.

00:26:53.000 They're paying reparations to the banks and the private equity groups that have stolen all the assets and replaced it with debt, right?

00:27:01.000 They're off on their yacht in St. Barks on a 300 and 400-foot yacht, but all that money came out of extraction from ongoing enterprises, leaving debt in its wake.

00:27:11.000 And now nobody can pay for that.

00:27:12.000 So they're going to go to war or they're going to try to confiscate.

00:27:15.000 Well, Bitcoiners are looking at this and saying, we can only, our assets can only go up in value in this scenario and it's unconfiscated.

00:27:22.000 So on one hand, I hate to see this type of conflict coming.

00:27:26.000 But on the other hand, I'm conflicted because I know that means my Bitcoin's going to $10 million a coin.

00:27:31.000 So, you know, we'll see what happens.

00:27:35.000 I saw this coming as you have for a long time.

00:27:38.000 I read your book, Revolution.

00:27:39.000 I know where your heart is.

00:27:40.000 I know you see the problems.

00:27:42.000 Bitcoin is the answer.

00:27:44.000 Do you imagine, Max, that people that popularize these ideas and ideas that have a comparable aim become almost by definition enemies of the interests that you described?

00:27:59.000 Because, you know, when you say 40 trillion in debt, 100 trillion in debt, don't you think that most people, and I'd include myself in this, of course, have become inoculated to that stream of zeros.

00:28:09.000 You can't even make sense of it anymore.

00:28:11.000 None of us really under.

00:28:12.000 I still don't understand why the United States is in debt, why the UK is in debt.

00:28:17.000 I understand what you've explained and because of how you've explained it, that money is being generated that's not tethered to any sort of object or solidity or trade or commodity and how that ultimately leads to decline and implosion.

00:28:33.000 That bit of I get.

00:28:34.000 So do you feel that actually what we're proposing here, aside from El Salvador, a nation that's under Bikali, embraced this ideal as well as so many other initiatives?

00:28:45.000 Do you feel that it's actually rather a menacing idea when it comes to real power?

00:28:52.000 Look, I mean, for people who are glazed over when you talk about tens of trillions and hundreds of trillions of dollars and how that would impact their day-to-day life, I have only one thing to say.

00:29:05.000 When you go to Tesco today, is the basket of stuff you're buying there more expensive today than it was a year ago or five years ago?

00:29:14.000 Of course.

00:29:16.000 That's where the rubber hits the road.

00:29:18.000 You don't have to think about hundreds of trillions of dollars worth of debt.

00:29:21.000 Just understand that the reason you have inflation, the reason inflation is wiping out the middle class, the reason why basic foodstuffs are becoming unaffordable or housing is completely unaffordable in the UK.

00:29:32.000 There's a housing crisis.

00:29:34.000 People cannot get on the housing ladder.

00:29:36.000 That's because of all this money that's being printed.

00:29:37.000 That's debased the currency.

00:29:39.000 The pound has been debased.

00:29:40.000 So that's where it hits the average person in something called inflation.

00:29:43.000 The government will tell you inflation is 2% or 3%, but the government doesn't count stuff that's actually going up in price.

00:29:49.000 They count, let's say, televisions that are made in Asia that are going down in price.

00:29:53.000 And they'll say, well, see, there's no inflation, but they don't count housing.

00:29:56.000 They don't count medical care.

00:29:57.000 They don't count insurance.

00:29:58.000 They don't count anything that's going up in price that people actually use because they lie, because they're protecting the bankers, because it's a Ponzi scheme, because they're corrupt, because it's fraud, right?

00:30:08.000 So as if anyone's watched Kaiser report for 13 years, they know what's coming if I continue on this vector.

00:30:18.000 I can see why you left London, Max.

00:30:21.000 So, okay, that's really, really interesting and important.

00:30:25.000 The UK housing crisis, inflation and poverty are as a result of exactly the problems and attitudes and behaviors and actions that you've described.

00:30:36.000 Max, how is it that they 100%?

00:30:39.000 You know, in the UK, in the left side of the government, in the left-wing government, they'll say that the problem is that not we're printing too much money, but that we need to allocate where that money goes more efficiently.

00:30:52.000 We don't want to give the money to social program A.

00:30:54.000 We want to give it to social program B.

00:30:56.000 But nowhere in nature is it possible for one entity to hold that kind of sway over the organism.

00:31:03.000 The only natural phenomenon where one part of society considers itself the ultimate expert and can dictate policy across the entire organism is cancer.

00:31:14.000 And that's what cancer is.

00:31:16.000 That's what a central bank is.

00:31:17.000 That's what Kier Starmer is. 0.74

00:31:20.000 He's a literal financial cancer that's poisoning the country.

00:31:24.000 But he's not alone.

00:31:25.000 It's the same for every central bank in the world.

00:31:27.000 All they have is this tool of printing money.

00:31:29.000 It's only doing is it's hurting people.

00:31:31.000 And Bitcoin is the answer because you can't print it.

00:31:35.000 Yeah, go ahead.

00:31:36.000 That's good.

00:31:37.000 I think that's the best point of it all.

00:31:40.000 You don't have to have a PhD in economics to understand a lot of this stuff.

00:31:45.000 Honestly, it's too simple that one organization can print money.

00:31:50.000 Think about it.

00:31:52.000 They can decide to, I never voted to like, hey, let's print trillions of dollars.

00:31:57.000 It's like they can print more money, causing more supply, deflating everything.

00:32:02.000 And then everything else doesn't go up in the same way that it, like your wages, it's inflated over twice as much, I think, in real goods over the last year.

00:32:13.000 It's called twice as much.

00:32:19.000 It's called a contillant effect.

00:32:21.000 There's a name for it.

00:32:22.000 When you print money, it goes to the friends of the bank first.

00:32:25.000 They go out and they buy assets like fine art, stocks, gold, and then it gets cycled into the economy.

00:32:32.000 It goes lower and lower and down into the economy to people who have no assets, but they have higher prices.

00:32:38.000 So now they just have to pay more for food, but they don't have a yacht.

00:32:41.000 They don't have an old master painting.

00:32:43.000 They don't have a diamond bracelet.

00:32:44.000 They're struggling to survive.

00:32:46.000 Their prices go up at the same rate as the people who have the first access to that money printer.

00:32:51.000 However, those people with the first access to the money printer use that increase in asset value.

00:32:56.000 They don't even spend those assets.

00:32:57.000 They use it as collateral to borrow money.

00:32:59.000 They're never spending their own money.

00:33:01.000 They're just borrowing money from who prints more money to pay the interest.

00:33:05.000 So they continuously get richer.

00:33:07.000 Their asset prices continually go higher.

00:33:09.000 And it's people who don't have those types of assets are continually getting poorer.

00:33:13.000 It is a pun.

00:33:15.000 And then, and then, but think about this in comparison to Bitcoin.

00:33:18.000 Bitcoin has a finite supply that it's going to hit.

00:33:23.000 You probably know the exact date or of the halfenings and all that stuff, but it's going to hit a finite supply.

00:33:28.000 No one can make more.

00:33:31.000 It's really a closed loop system that was, I mean, it's brilliant.

00:33:35.000 And like you think about it, like there's only going to be so much.

00:33:40.000 So like, and no one, no other organization, you don't have to rely on the goodwill of some organization not to print more because they said they weren't or to be to be fair and just like it's up to the people and it belongs to the people.

00:33:56.000 I mean, I guess the only way that Bitcoin would completely lose its value if everyone in the world deemed it unvaluable and would not trade it or if every server would not, you know, be online for Bitcoin to handle transactions.

00:34:11.000 So right, that's exactly right.

00:34:14.000 In other words, money existed before the state.

00:34:18.000 Bitcoin separates money from state.

00:34:21.000 Bitcoin kills the state.

00:34:25.000 In other words, money existed before the state.

00:34:27.000 We always had money and the need for money, going back to the top of this conversation.

00:34:31.000 People who have agency, they want to talk, travel, trade.

00:34:34.000 They use something as an intermediate.

00:34:36.000 They call it money.

00:34:37.000 Over thousands of years, the best form of money became gold because it was portable, it was fungible, it was divisible, and people valued it and it was scarce.

00:34:45.000 And then in 2009, something better than gold came around.

00:34:47.000 It's called Bitcoin.

00:34:48.000 And because it's everything gold does, but it does stuff gold can't do.

00:34:52.000 So it makes it better money.

00:34:53.000 So all that money is floating into gold.

00:34:56.000 Bitcoin is like an invasive species in the global money supply.

00:34:59.000 It's just all everybody who learns about Bitcoin ends up trading something else that they own, like fiat money.

00:35:05.000 or some other assets and they dump it and they buy Bitcoin.

00:35:08.000 And it's almost involuntarily at that point because they want to preserve their purchasing power.

00:35:13.000 They see the light.

00:35:14.000 They don't want to have their value inflated away by somebody who can just print money at will.

00:35:19.000 And usually that money goes into bad programs and malinvestments and it causes lots of problems.

00:35:24.000 But why would you work hard for money that someone else can print for free?

00:35:28.000 Yeah.

00:35:29.000 And Max, do you think some reason that it hasn't had the like full adoption yet is because it was before its time in some ways?

00:35:36.000 Like technology had to catch up to it and there needed to be the tooling and transactional stuff.

00:35:43.000 Or is it more like a cultural thing that culture had to catch up to it and understand it?

00:35:50.000 Well, I mean, the adoption of Bitcoin comes in several different forms.

00:35:56.000 Here in El Salvador, we have the most concentration of Bitcoin maximalists in the world.

00:36:01.000 We have the highest penetration of Bitcoin usage in the world.

00:36:04.000 We have 100% awareness of Bitcoin.

00:36:06.000 If you have awareness of Bitcoin, you're already starting to think differently.

00:36:09.000 You're thinking about, you're having a positive thought about the future.

00:36:13.000 Bitcoin gives you hope because if you own something that you work and you earn and it continuously goes up in purchasing power, you can have hope for the future.

00:36:20.000 When you're constantly saving at fiat, money that is guaranteed to lose purchasing power over time, you're very depressed about the future.

00:36:26.000 You start to spend your money as fast as you possibly can.

00:36:29.000 You spend it recklessly and it's very depressing.

00:36:32.000 But here, people understand that Bitcoin is a hope for the future.

00:36:36.000 The entire country has a sense of hope, which you don't find in any other country to this extent.

00:36:41.000 And as far as just that hockey stick moment that we saw the internet have where it went from 200 or 300 million users to 3 billion users, on that scale, if you overlap Bitcoin with the internet, we're at 1998, 1999.

00:36:56.000 That's when the internet at that time then skyrocketed and became ubiquitous.

00:37:00.000 I was in Los Angeles during the internet days.

00:37:02.000 I had a company, an internet company.

00:37:04.000 I remember in Hollywood, executives were really ashamed to send email to one another because they thought it was de-classe.

00:37:11.000 They thought it made them look like geeks.

00:37:13.000 And they would never put a URL on a billboard because it's too geeky.

00:37:16.000 You know, we want to be chic in Hollywood.

00:37:19.000 And then the Blair Witch project came out, which was entirely marketed on the internet.

00:37:22.000 It made 400, you know, hundreds of millions of dollars with a $60,000 budget.

00:37:27.000 And suddenly Hollywood became internet.

00:37:30.000 And that was the explosion of internet globally.

00:37:33.000 Bitcoin now is at that inflection point where we're months away from going from 300, 400 million users to 3 or 4 billion users.

00:37:43.000 So, and don't, you know, you want to get ahead of that curve.

00:37:45.000 You want to be positioned ahead of, you don't want to wait for Bitcoin to be three, four or five million dollars a coin and then decide, I guess it's, I guess it's a, I guess people like it.

00:37:54.000 I'll buy it.

00:37:55.000 You know, I mean, I've been saying this for 15 years.

00:37:57.000 You know, Stacy is the first person to mention Bitcoin on international television in 2010.

00:38:01.000 It was 23 cents.

00:38:03.000 Then we started covering in a Kaiser report.

00:38:04.000 It was a dollar.

00:38:05.000 We've been saying this for 15 years.

00:38:07.000 Every single day, people are saying, well, is it ever going to become popular?

00:38:11.000 Like, how much popular do you want it to be?

00:38:14.000 It's now, you know, $2 trillion heading to $200 trillion.

00:38:17.000 You know, hello.

00:38:19.000 Max, why then is there ever any negative decline in its value or fluctuations that are not positive if the tendency and trend you're describing is accurate?

00:38:33.000 Because it's the only real price discovery in any commodity that's out there for real.

00:38:38.000 In other words, with Bitcoin, you have volatility and guaranteed increase in purchasing power.

00:38:43.000 With the US dollar, you have no volatility, but you're guaranteed to lose money.

00:38:49.000 So during this period where the globe makes a move from paper money to Bitcoin, of course, it's going to create changes and there's fear.

00:39:02.000 People are there's fear mongering and they they and it becomes it goes through it's just volatility, but volatility, in other words, is life.

00:39:10.000 You know, the fish, the only fish that doesn't, that is not volatile in the stream is a dead fish, right?

00:39:18.000 To mangle that quote, a famous quote that I just mangled, but you get the point.

00:39:22.000 Volatility is over any four-year cycle, you've made money. 0.99

00:39:29.000 If you can hold your shit for four years, you're not going to lose money. 0.98

00:39:32.000 People who want the thing to be profitable the next day, they're confusing sound investing with gambling. 1.00

00:39:39.000 And unfortunately, we've got gamblaholics in the world today. 1.00

00:39:42.000 Any cycle, any four-year cycle, everybody's up over that cycle and they've been compounding money at 50 or 60% a year.

00:39:48.000 That's like you're almost doubling every year for 15 years. 0.99

00:39:51.000 If you your shit for more than a day, it's just a matter of people can't seem to sit still for a few years and let the markets adjust, right? 0.99

00:40:02.000 If you jinga, if you pull out a block, the whole tower is shaky. 1.00

00:40:07.000 If you pull out a main, the main support of the world's financial system, which is the US dollar, boom, that jinga tower is going to collapse.

00:40:14.000 That means trillions of dollars are slashing around, slushing around in real estate, out of real estate, into stocks, into bonds.

00:40:20.000 So it's a very turbulent sea of $400 trillion worth of assets and $2 quadrillion worth of derivatives is the sea of liquidity that is on planet Earth.

00:40:30.000 It's very stormy.

00:40:32.000 And so you see that volatility.

00:40:33.000 But on all these other assets, that volatility is mitigated by the use of what are called quote-unquote derivatives.

00:40:41.000 Whereas Bitcoin, it's just a raw price that shows you what's the actual chaos that's going on in the world.

00:40:50.000 Bitcoin tells you that it falls in chaos because of the volatility.

00:40:54.000 If you buy the dollar, you'd say, oh, everything is stable and everything's great.

00:40:57.000 But guess what?

00:40:58.000 Every year I'm losing 10% of my purchasing power.

00:41:01.000 Oh, in five or six years, I just, I'm homeless.

00:41:04.000 Okay, but it was stable the whole time.

00:41:07.000 I no longer have a job.

00:41:09.000 I'm homeless.

00:41:10.000 I can't feed myself, but I got stability.

00:41:12.000 That's very funny.

00:41:13.000 What about people like my friend Nick?

00:41:15.000 Shout out to Nick, my mate in the Marines there, former Marine and now investor.

00:41:20.000 And people like Warren Buffett that say you've got to invest only in the S ⁇ P, only in indexes or indices.

00:41:27.000 What about that?

00:41:29.000 And they use the same argument I know that you used, Max, that over time, it's always increasing.

00:41:35.000 What's the counter argument to that?

00:41:38.000 Well, Warren Buffett, you know, his actual annual rate of return over his career is not as good as gold.

00:41:48.000 If you held gold, you would have outperformed Warren Buffett.

00:41:51.000 You just made one decision.

00:41:52.000 I'll buy gold.

00:41:53.000 Now you're doing better than Warren Buffett.

00:41:55.000 Number one.

00:41:55.000 Number two, his performance is not as good as an index fund, where an index fund is just a passive way to just buy every single stock in the S ⁇ P 500.

00:42:06.000 It's been averaging a rate of return higher than Warren Buffett over the years.

00:42:10.000 And Warren got into famous battles with John Bogle over at Vanguard, who created the index fund and talking about this for years and years.

00:42:20.000 So the math doesn't support their contention that the returns generated by what they're suggesting are competitive with Bitcoin, number one.

00:42:31.000 And that's after, that's before tax and before inflation.

00:42:34.000 If you take an index fund after tax and after inflation, you're talking about not even beating a money market rate of return.

00:42:39.000 You do better by just being in a municipal bond where you're not taxed or a money market.

00:42:45.000 They're not competitive in any sense of the word.

00:42:47.000 I mean, Warren Buffett over 30, 40 years amassed a large fortune by essentially buying into companies that had.

00:42:59.000 a very clear, like Coca-Cola, when the Berlin Wall fell down, he thought to himself, you know what?

00:43:05.000 I bet there's going to be more Coca-Cola sold now that this Berlin Wall came down.

00:43:09.000 That was his entire investment thesis.

00:43:10.000 So he bought a lot of, bought a lot of Coca-Cola and held it for 20 or 30 years.

00:43:14.000 The key to Warren Buffett is that he held on his positions for 20 or 30 years at a clip.

00:43:18.000 He wasn't trading or gambling in and out of it.

00:43:21.000 And if you do that with stocks, you're going to do well.

00:43:23.000 If you do it with Bitcoin, you're going to do incredibly well.

00:43:25.000 Obviously, since Stacey first talked about Bitcoin, Bitcoin is up something like 30 million percent.

00:43:33.000 Hey, can you tell us when you and Stacey, your partner there, went from not, can you tell me what it was like your own personal epiphany of having it described?

00:43:45.000 Because presumably there was a moment.

00:43:46.000 I don't know if this is the first.

00:43:48.000 I know you don't like the phrase cryptocurrency, digital currency, whatever is your preferred jargon.

00:43:52.000 Can you tell me when you went from not knowing about this? 0.95

00:43:55.000 Because I know you're a financial expert anyway, to hearing about it and what your mental process was of, wait a minute, this is fucking brilliant. 0.95

00:44:05.000 Right.

00:44:06.000 Well, there's two answers to the question.

00:44:08.000 So Kaiser report, we were covering gold for years because it's an international program.

00:44:13.000 And by covering gold, you're talking about international money.

00:44:16.000 So we could talk about finance and economics in every single country in the world because everyone in those countries knows something about gold.

00:44:21.000 So it became a global sensation, the Kaiser report, dubbed into Spanish and other languages, number one finance show in the world for over a decade.

00:44:28.000 And then the second point is that when I first heard about Bitcoin, it was introduced to me from Stacey, who told me that, hey, this sounds like what you were doing in Los Angeles, which it kind of is.

00:44:38.000 So in Los Angeles, when I was CEO and founder of the Hollywood Stock Exchange, I have a patent on a virtual currency, patent number 5950176.

00:44:47.000 It's the first patented virtual currency and prediction market in the world.

00:44:51.000 It was later sold to Canterfitzgerald in 2001.

00:44:54.000 So I already knew about virtual currencies from the gaming environment of the internet in the 90s when I was the CEO of Hollywood Stock Exchange.

00:45:01.000 I mean, Bitcoin in a lot of ways is a gaming currency that escaped the game and became an invasive species.

00:45:07.000 The problem with the gaming currencies of that era, of course, is that they're all centralized.

00:45:11.000 The Hollywood dollar as part of the game that I invented couldn't be traded on the Forex market because we were in control of the Hollywood dollars.

00:45:17.000 We were the masters of it.

00:45:18.000 So it would not lend itself against a forex, against a yen or a dollar.

00:45:23.000 But with Bitcoin, because there is no control, no one controls it.

00:45:26.000 It's autonomous, can't stop it.

00:45:28.000 And it's now a $2 trillion asset heading to $200 trillion.

00:45:32.000 And it's become the darling of Wall Street and billions and hundreds of billions and chillings are pouring into it.

00:45:37.000 It becomes now a contender in the race to see who ends up as world reserve currency.

00:45:43.000 And of course, that's going to be Bitcoin.

00:45:44.000 The dollar, by the way, has never been used less since World War II.

00:45:50.000 After World War II, 90% of world trade was US dollars.

00:45:53.000 It's now 40% and heading lower.

00:45:55.000 The dollar is losing world reserve currency status.

00:45:57.000 That's another reason why you see a lot of warmongering out of the White House in Washington, D.C., because they need to find a way to shore up their business model since their under fundamental currency unit is collapsing in world trade.

00:46:11.000 Other countries are moving on.

00:46:12.000 A lot of them are moving into Bitcoin.

00:46:14.000 So that's how I got, that's when I saw that Bitcoin was essentially similar to my invention from 1996, but had solved the centralization problem by being decentralized.

00:46:25.000 I mean, that was when the penny dropped.

00:46:26.000 And I'm like, oh, wow, you know, that's, they solved the problem.

00:46:29.000 Is this.

00:46:29.000 This is, if this works, it's a new asset class and it's going to a hundred thousand dollars.

00:46:34.000 And that's when it was a dollar.

00:46:36.000 What, what year?

00:46:37.000 What year did you?

00:46:38.000 Well we yeah we, we got into bitcoin.

00:46:41.000 Uh, Stacy mentioned it in 2010 at 23 cents and then we started buying it in 2011 at a dollar.

00:46:47.000 Wow that's, that's early on.

00:46:50.000 So the key thing for you is you understood them kind of gaming currencies, which were, in a sense, parallel currencies with the same potential flaws of any currency.

00:47:00.000 And then when the problem of centralization was solved, which I'm sure I'm assuming is a kind of a technical problem that you can't really explain to me.

00:47:09.000 But once the problem of centralization versus decentralization was resolved, you had a kind of a eureka.

00:47:16.000 Oh my God, this is a potentially unstoppable force. 0.67

00:47:19.000 And so then you were kind of apprised when all of the various phases of discrediting it, laughing at it, saying it was corrupt, saying it was environmentally undersound, saying paedophiles would use it, saying it was a rapist, saying it was a racist.

00:47:34.000 When all those things happened, you were like, no, no, no, this is because it's going to work.

00:47:39.000 All innovations that change the world face criticism from the entrenched oligopolists or legacy players who don't want any changes, right?

00:47:51.000 That's true of the internet.

00:47:52.000 The internet was scoffed at.

00:47:54.000 Paul Krugman, who is the economics editor at the New York Times, referred to the internet as nothing more novel than the fax machine, and it would disappear within two years.

00:48:06.000 So people thought that the internet itself would not survive.

00:48:10.000 Then they had people who understood that, obviously they become multi-hundred billionaires now, the people at Google and Apple and other companies.

00:48:19.000 They realize the potential even.

00:48:21.000 And so then the change happens and we're in a new world.

00:48:27.000 But you're always going to face, you're always going to face problems.

00:48:30.000 I mean, when I was working on Wall Street, we had a saying that kites fly against the wind, right?

00:48:36.000 So to rise up, you know, you're going to go against the wind. 0.70

00:48:39.000 You've got to have that negative for, if you're not getting yelled at and shit on every day, you're doing something wrong. 0.94

00:48:46.000 Oh, man, that's good news because I'm having a hard time, baby. 0.97

00:48:52.000 Max, that's fantastic.

00:48:53.000 Jerry, from the second you came on here in that adorable cap, I've been thinking we need to have Max Kaiser on the show like at least like once a week.

00:49:04.000 We need regular Max Kaiser.

00:49:05.000 We need to resurrect the Kaiser report and we evidently need to use Bitcoin.

00:49:09.000 Max, thank you so much for joining us today.

00:49:12.000 You can use Bitcoin right now to benefit me and let's get on with making that transition.

00:49:17.000 So what, hey, so if I wanted to like buy Bitcoin right now, how would I do it?

00:49:23.000 What would I tell me what to do from a like, you know, how do I go from zero to 100, baby?

00:49:29.000 Yeah, well, Stacey, what's the best way to buy Bitcoin right now?

00:49:34.000 Cash app.

00:49:36.000 Thanks.

00:49:38.000 Cash app.

00:49:40.000 Yeah, cash app.

00:49:42.000 Cash app.

00:49:43.000 Cash app.

00:49:43.000 The answer's cash app.

00:49:44.000 Say that out of context.

00:49:46.000 Cash app.

00:49:47.000 Thanks, Max.

00:49:47.000 It's good.

00:49:48.000 Thanks for coming on both of you.

00:49:49.000 Loves you both.

00:49:50.000 I hope I get to see you soon in the great shining city or the great shining city, state and state city on the hill there.

00:49:57.000 And lots of love to you both.

00:49:58.000 And let's do this again.

00:49:59.000 Let's do it more often.

00:50:03.000 I'm always available for you, Russell.

00:50:05.000 Thank you.

00:50:05.000 God bless you.

00:50:06.000 Thanks.

00:50:06.000 Thanks, Max.

00:50:07.000 Thanks, Max.

00:50:08.000 See ya.

00:50:11.000 As former health agencies contradict their own past assurances, what does the new civil war within the scientific elite reveal about how deeply politicized COVID and science itself have become and how dangerous that corruption of truth really is?

00:50:26.000 A rupture is opening inside the scientific establishment and it is exposing something many people were told never to notice.

00:50:33.000 Science is not immune to power.

00:50:35.000 It never has been.

00:50:35.000 What is unfolding now is not a sudden crisis of credibility but a long delayed reckoning between an old scientific ruling class that demanded obedience during COVID and a new officialdom that is quietly admitting what was once treated as heresy.

00:50:50.000 For years, the public was instructed to believe that the science spoke with one voice.

00:50:54.000 To question official guidance was framed as ignorance or malice.

00:50:58.000 Debate was not merely discouraged, but morally condemned.

00:51:01.000 Yet today, the same institutions that enforce that silence are beginning to fracture.

00:51:05.000 The U.S. Food and Drug Administration is now investigating deaths potentially linked to COVID-19 vaccines across multiple age groups.

00:51:13.000 Former CDC director Dr. Robert Redfield has publicly called for the removal of mRNA COVID vaccines altogether.

00:51:21.000 You know, I really would like to see the mRNA vaccine use curtailed.

00:51:26.000 And personally, I'd like to see it eliminated.

00:51:28.000 All right, because I think there's too many unknowns.

00:51:31.000 When I give you an mRNA vaccine, what I do is I turn your body into a spike protein production factory. 0.98

00:51:42.000 And spike protein is a very immunotoxic protein.

00:51:46.000 But I don't know how much you make.

00:51:49.000 And I don't know how long you make it.

00:51:51.000 I've met Redfield.

00:51:52.000 He's a decent, good man.

00:51:53.000 Robert Redfield's position in 2025 would have been considered radical in 2019.

00:51:58.000 And he's a pretty mainstream and accepted scientist.

00:52:01.000 These are not fringe figures.

00:52:02.000 They are the products of the very system that once policed dissent.

00:52:05.000 The implications are enormous.

00:52:07.000 If vaccines that were described as unequivocally safe are now subject to death investigations, then the story the public was told was at best radically incomplete.

00:52:15.000 And at worst, it was deliberately curated to protect authority rather than truth.

00:52:19.000 This is where the war inside science becomes visible.

00:52:22.000 On one side are figures like Redfield and the regulators now tightening approval standards, responding belatedly to real-world harm signals.

00:52:30.000 On the other are the defenders of the old order, such as former FDA vaccine advisor Dr. Paul Offitt, who has condemned stricter federal vaccine approval pathways as dangerous and irresponsible.

00:52:40.000 The charge is revealing.

00:52:42.000 Dangerous to whom?

00:52:43.000 Irresponsible to which interests.

00:52:46.000 You're always waiting for the other shoe to drop, and it did drop.

00:52:49.000 I mean, with the mRNA vaccines, there was myocarditis, which is inflammation of the heart muscle, primarily in boys 16 to 29 years of age, primarily after the second dose, primarily within four days, but generally it was transient and self-resolving.

00:53:02.000 So it really wasn't that bad.

00:53:04.000 That was a very small price to pay, I think, for that vaccine.

00:53:07.000 It's a small price to pay for him because he's getting backhanders and royalty checks at the FDA, something that's common practice, I understand, within the various regulatory bodies, actual royalty payments connected to products that they endorse.

00:53:19.000 That's even when they don't come out of the FDA and take on a job in a pharmaceutical company, as all these people did.

00:53:25.000 I read that list actually when I did that Maha show.

00:53:27.000 Check that out.

00:53:28.000 Look at all these people that have subsequently taken jobs.

00:53:31.000 And now he's on the TV flogging his book.

00:53:33.000 To him, from a cost-benefit perspective, it makes tremendous sense.

00:53:37.000 But if you're one of the dead children, you don't really have a book deal to look forward to.

00:53:42.000 More just a slow deterioration and potentially eternal life if you've surrendered to the Lord.

00:53:46.000 But, you know, book deals.

00:53:47.000 Paul Offitt, perhaps the most widely quoted defender of vaccine safety, he's gone so far as to say babies can theoretically tolerate, quote, 10,000 vaccines at once.

00:53:58.000 In theory, communism works in theory.

00:54:02.000 It's an outrageous thing for someone to say that a baby can take 10,000 vaccines at once.

00:54:06.000 Think of anything that you could do 10,000 of at once.

00:54:09.000 10,000 bananas at once would be very, very dangerous.

00:54:12.000 You'd start putting them in bodily orifices that are not designed for that.

00:54:16.000 It's a ridiculous claim to have made and one that you would probably only make if you benefited financially from babies getting up to 10,000 vaccines at once, which will probably, at the current rate of growth, be the vaccine schedule by about 2030.

00:54:31.000 Who wants their baby to be put forward for a 10,000 vaccine theory test for dear old Paul Offitt? 0.96

00:54:37.000 They call him fuck Offit because that's what he does once he's been paid.

00:54:40.000 He holds the patent on an anti-diarrhea vaccine he developed with Merck, Rodotech, which has prevented thousands of hospitalizations in the US. 0.99

00:54:48.000 When you read how much money I'm making, you're going to shit yourself unless you've taken this up-the-but vaccine from Merck.

00:54:56.000 And future royalties for the vaccine were just sold for $182 million cash. 0.85

00:55:02.000 Dr. Offit's share of vaccine profits unknown.

00:55:05.000 The reason that it's unknown is because if you found out about it, it would make you love Dr. Offit so much.

00:55:10.000 He'd be in real risk of people taking vaccines that induce diarrhea simply so we could give him that vaccine, then drink his.

00:55:17.000 Out of love.

00:55:18.000 There's nothing illegal about the possible conflicts of interest.

00:55:22.000 That's actually even worse, isn't it?

00:55:23.000 The fact that there's nothing legal about it.

00:55:24.000 That's a demonstration of at least one more layer of corruption.

00:55:28.000 And the entire legislative system supports and endorses it because it's an interlocked bureaucratic grid that ensures that you will never have any money and they always will.

00:55:37.000 The American Academy of Pediatrics, Every Child by Two.

00:55:40.000 Every Child by Two, I think, gave away something of their agenda when they named their company Every Child by Two.

00:55:47.000 And we spoke to Every Child by Two.

00:55:50.000 What do you think should happen?

00:55:51.000 Well, to be clear, we think that by the time they're two, not just one or two or some children, but every child should be vaccinated.

00:56:00.000 Let me just talk to Paul Offitt about how many?

00:56:02.000 Up to 10,000.

00:56:04.000 Also, try 10,000 bananas.

00:56:07.000 Could it hurt?

00:56:08.000 Every Child by Two and Dr. Offit wouldn't agree to interviews, but all told us they're upfront about the money they receive and it doesn't sway their opinions.

00:56:17.000 That's right.

00:56:17.000 That's why people give each other money to not have their opinions swayed.

00:56:21.000 Today's immunization schedule now calls for kids to get 55 doses of vaccines by age six.

00:56:26.000 Ideally, it makes for a healthier society.

00:56:29.000 50 is, by my reckoning, too many.

00:56:32.000 But then I don't earn any money out of vaccines.

00:56:34.000 Just colostrum.

00:56:37.000 Give it a go.

00:56:38.000 Paul Offit must be thinking, oh my word, 9,950 vaccines to go.

00:56:45.000 I don't want to ever go on a long car journey with him as he sings his way through 10,000 child vaccines hanging from, I don't know, a pharmacy shelf.

00:56:53.000 That sort of thing.

00:56:54.000 Then there is the intervention from another former CDC director, Rochelle Walensky, who recently suggested that if vaccine manufacturers are not protected from liability injuries, they may simply choose not to make vaccines.

00:57:06.000 That statement should have detonated public debate.

00:57:08.000 Instead, it passed with little scrutiny, but that's pretty crazy.

00:57:11.000 If they're only making it for a profit, it tells you what they're up to anyway, even though we all know that's how the pharmaceutical industry is run.

00:57:16.000 Don't you see how radical revision is required within the medical institutions that we entrust their health to?

00:57:21.000 They need to have a completely different perspective about what they're doing.

00:57:24.000 They have to understand what's more that they're supposed to be helping people.

00:57:26.000 No one minds people making a profit if what they offer is a valuable product, but the idea that the pursuit of product has become so reified and so elite and so extreme that it sort of doesn't matter if people die as a result of taking your product, that's too far, man.

00:57:41.000 The reason that the vaccine schedule is important is because it informs the policy of the Vaccines for Children's program.

00:57:48.000 And this is a program that delivers vaccines free of charge to our children who are under and uninsured.

00:57:54.000 And the reason that that is so important is because we need population protection, whether or not those children have insurance.

00:58:00.000 And it is that program that I think is at risk based on the schedule.

00:58:03.000 Let's at least credit Rochelle Walensky for being a kind of gorgeous super villain and apparently aware of it, dressing in Cadbury's purple or as I would have it, late 80s joker purple to really give you a true sense of her bureaucratic anarchic willingness to destroy humanity with a smile. 1.00

00:58:23.000 We acknowledge that there are true, albeit rare, injuries associated with vaccines and when they are adjudicated, those people should merit some compensation for those injuries.

00:58:37.000 In order to keep our both physicians and our manufacturers free of free of responsibility from that she struggled for a minute to say free of responsibility because some central part of her knows vaccine manufacturers are responsible for their products.

00:58:56.000 Rare injuries, there is this program that I say humanity coming through there.

00:59:04.000 She's not able to finish the job properly because she's like, oh, this isn't right.

00:59:07.000 What I'm saying is not right.

00:59:08.000 I don't believe in this.

00:59:09.000 She doesn't believe in it.

00:59:10.000 She's a child of God.

00:59:11.000 Implies that products generating billions in annual revenue cannot remain viable unless the companies producing them are shielded from the consequences of harm.

00:59:18.000 That's not a scientific argument.

00:59:20.000 It's an economic one.

00:59:21.000 It's always been an economic one.

00:59:23.000 Shows you how radical the changes have to be.

00:59:25.000 The contradiction becomes impossible to ignore when Walensky's past statements are revisited.

00:59:29.000 In 2021, she said that real-world monitoring finds vaccines are safe for young children.

00:59:36.000 Since then, the FDA has acknowledged deaths temporarily associated with COVID vaccination in children and has initiated investigations into those outcomes.

00:59:44.000 Why is there such a stark lack of consistency in arguments around healthcare in the United States of America?

00:59:50.000 It's generally accepted that it's at least morally dubious to profit from medicine, certainly in the extreme and monopolising ways that's become normalized across US healthcare.

01:00:00.000 How come that argument is abandoned when it comes to vaccines?

01:00:04.000 That no one makes the argument that profit-driven vaccine models are likely to lead to vaccines being licensed and protected and granted legal indemnity that may be harmful.

01:00:14.000 Well, we're seeing the consequences now.

01:00:16.000 And due to the kind of clarity available as a result of independent media, we're learning about it and we're learning it quickly.

01:00:22.000 And it's inducing change in a variety of areas, perhaps none more clear than this one, precisely because the science has flipped, precisely because you can corroborate arguments that you might have made in 2019 or 2020 about vaccines and social measures used during the pandemic period with new data that actually verifies and underwrites the perspective of dissenters rather than those that were rolling their eyes and shaming people who were called anti-vaxxers with like nine X's in the middle of the word vaxxer.

01:00:53.000 Whether causation is ultimately confirmed in every case is beside the point.

01:00:56.000 What matters is that the certainty once projected was not justified.

01:00:59.000 The claim of settled science collapsed under the weight of reality, which is actually what science does.

01:01:05.000 This is not a failure of science.

01:01:07.000 It's the failure of a politicized scientific class that confused authority with truth and consensus with evidence.

01:01:14.000 Science advances through skepticism, challenge, revision, conversation, clinical trial, debate.

01:01:19.000 Those mechanisms throughout the COVID period were suspended in favor of messaging discipline.

01:01:24.000 The result was not clarity, but fragility.

01:01:26.000 The moment contradictions emerged, public trust began to rot.

01:01:30.000 Naturally, the media sits at the center of this crisis.

01:01:33.000 News outlets are now forced to report official findings acknowledging that vaccines can cause heart damage, particularly in younger populations.

01:01:41.000 At the same time, those very outlets continue to run glowing nostalgic stories about the triumph of the COVID vaccine five years on.

01:01:48.000 The tension is obvious and glaring.

01:01:51.000 Harm is acknowledged in one column while success is celebrated in another, as if the two realities are somehow commensurate.

01:01:58.000 This contradiction is not accidental.

01:01:59.000 The pharmaceutical industry is one of the largest advertising forces in American media in 2024 alone.

01:02:04.000 Drug companies spent 10.1 billion on prescription drug advertising across television, print and digital platforms.

01:02:10.000 The financial relationship obviously doesn't require this financial relationship, doesn't require explicit censorship, that would be ridiculous.

01:02:17.000 It creates an atmosphere where certain questions are softened, certain voices elevated and certain conclusions delayed.

01:02:22.000 What we're witnessing now is not anti-science backlash.

01:02:25.000 It's a belated demand for scientific integrity.

01:02:28.000 The public's not rejecting evidence, it's rejecting the idea that evidence should be filtered through political necessity and corporate protection before it's shared.

01:02:35.000 The war between the old and the new, scientific ruling classes reveals a dangerous truth.

01:02:40.000 When science becomes a tool of governance rather than a method of inquiry, it stops serving the public and starts managing it.

01:02:46.000 COVID did not create this problem, it exposed it.

01:02:50.000 If science is to regain trust, it must be separated from propaganda, liability shields, and media capture.

01:02:55.000 Uncertainty must be admitted.

01:02:56.000 Harm must be confronted honestly.

01:02:58.000 And authority must once again be earned through transparency rather than enforced through fear.

01:03:03.000 The alternative is far darker.

01:03:04.000 A future where every public health intervention is met with suspicion.

01:03:08.000 Not because people reject science, but because they remember what happens when science is used to silence instead of inform.

01:03:13.000 But that's just what I think.

01:03:14.000 Let me know what you think in the comments, in the chat.

01:03:16.000 In the meantime, if you can, stay free.

01:03:21.000 Thank you so much for joining us.

01:03:22.000 We will be back on Monday with a fantastic show.

01:03:25.000 As a matter of fact, of course, we'll be looking at the horror of the endless psychopathic news cycle.

01:03:31.000 Just one scroll of X is enough to tell you that Satan is real.

01:03:35.000 But then we'll be talking about recovery in our new podcast, Crack On, with Russia.

01:03:40.000 No, with Joe, Dave, and Russell.

01:03:43.000 I just defaulted to put myself first, man. 0.78

01:03:45.000 Crazy.

01:03:46.000 Anyway, it's going to be a good podcast.

01:03:47.000 It's lovely.

01:03:48.000 If you're a 12-step person, or if you're in recovery, or if you're interested in recovery, or you know someone that needs to be in recovery, please join us for that because we're all recovering from something.

01:03:58.000 We're all trying to recover the person we were intended to be, i.e., after the fall, all of us live in sin.

01:04:06.000 Sin is the state that precedes the action, not the action itself.

01:04:11.000 Our Lord and Saviour takes the consequences of sin upon himself, making it possible for us to return, to recover, to become the person we were intended to be in the image of our Maker.

01:04:23.000 Praise the Lord and stay free.

01:04:25.000 See you next week.

01:04:26.000 Not for more of the same, but for more of the different.

Stay Free - Russel Brand - January 16, 2026

The Money Is Breaking — And So Is the System | Max Keiser — SF670

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