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Trump Weaponizing Bitcoin & Dollar to Crush European Globalists | Luongo & Bauerle

BTC Sessions1:24:24

Transcription

We have a dollar liquidity crisis that's been brewing. World War Three is economic and psychological. What Trump is doing is he is now setting the stage for dollar dominance within a framework where Bitcoin will be a collateral asset, gold will be a collateral asset. Trump has won the Civil War. There is no MAGA civil war anymore. That's completely fake. Trump can bomb Iran, declare victory and go home tomorrow. He doesn't care. The reason that we're there is to rewire global trade away from geographic choke points. We're going to move into that world of arc, what I've been saying for two years now, which is America, Russia, China because COVID showed us there's only really two industries that matter in the world. Wall Street's and the energy industry. They're the only two industries that matter, and Bitcoin is going to infect those industries. Super fast team. If you want to have the podcast continue, share it with one person who you think will enjoy it.

All right. So for today, we have the geopolitical mastermind behind the Gold Goats and Guns newsletter, Tom Luongo, returning and top Bitcoin strategist Nolan Barry. Now, I warn you, these two do not pull their punches. We cover the brutal truth about Bitcoin's role in the new emerging monetary system, the death of the Unity Party, and we start the conversation by analyzing the Iran conflict and Trump's empire-ending moves to rewire global trade.

All right. Tom, Nolan, thank you so much for joining me today. Very excited to have this conversation. We've got a lot of ground to cover. So, commodity markets, Bitcoin, the stablecoin story, and of course, all the geopolitical chess moves going on right now. But I want to start with the recent news that the US House just passed the war resolution directing Trump to terminate the military involvement against Iran. It still has to clear the Senate, but it feels like a political signpost. So, Tom, beginning with you, what's your 30,000-foot view of the Iran conflict right now? Where are we? What's left to accomplish in the region? And how does the House vote change your calculus, if at all?

It doesn't change my calculus at all because it doesn't matter what they do because Coke has to beat it. And then they have to go back into two-thirds or 60. They gotta get up 60 votes. So it doesn't matter. It's all just virtue signaling on the part of a recalcitrant legislature in the United States who's clearly in full-blown opposition mode, which is why Trump then moved Bill Pulte and as Rodney, which we'll get to in a couple of minutes because he's he's part of the it's it's like everything else does sound like I'm just galloping around, but I'm really not. Everything is connected. And because it's how you you put pressure on people ultimately, as you have to, when you have you when you have oppositional powers in the domestic politics phrase, then you have to break that logjam so that you can then open something else up in the geopolitical space. So you've got a logjam in quote unquote, negotiations, over the Iran, the Iran situation. Trump can bomb Iran, declare victory and go home tomorrow. He doesn't care. So what he's doing is he's playing this game of, again, as always with Trump, he's always trying to get three, four or five wins out of the same thing. And it drives people nuts. And it sounds like 4D chess or whatever the hell you want to call it, but it's just reality, which is that he's got a different and deeper strategy that's in play than what's, you know, clearly being pushed at you as the reason we're there. The reason that we're there is to rewire global trade away from geographic choke points, be they geographic or production choke points. So Taiwan, TSMC, TSMC was being, you know, is being replicated around the world. Right. That's why we bought a stake in Intel. That's why, you know, Phoenix is going to be turned into a hot, dry Taiwan bubble by, and then the Straits of Hormuz. Look, the the whole British French game in the Middle East for years has been to keep everybody at each other's throats and keep all of the the land itself at war. Lebanon, Syria, Israel, Jordan, all of it. Why? Because that way you can't run pipelines north out of the Arabian Peninsula into Haifa and and out and use the port in Haifa to get around the Strait of Hormuz. So everything that the British and the French and the French, by the way, who were also very much a part of the the IRGC story from a money perspective, from an old relationship perspective, has been to push global trade and global oil flow into the Strait of Hormuz to make it more powerful, make it more powerful than it should be when the the normal, the normal reaction to everybody moving. I don't want to deal with these freaking crazy people. So why don't we? Why don't we develop Alaska? Why don't we develop, you know, Louisiana? Why don't we develop, you know, Kamchatka Peninsula? When we develop these things? And of course, the whole geopolitical game board has been about forcing everybody back into the Straits, because that was the gambit. And the gambit was really simple. Give Iran a bunch of money, Obama a bunch of money and a bunch of uranium and a bunch of centrifuges, a bunch of this and a bunch of that. Let them build for a billion ballistic missiles, point them all at the other Gulf states, and then build a nuclear weapon, create a hermit kingdom of of, you know, death cultist Shia and and declare martial law all over the world. That's that was their plan. And then decamp City of London to Dubai. Gone like that's it's not that difficult. That's the way the British operate. And and so now we're now we're now we're watching Trump blow that up. So he doesn't care. Because every day that this goes on, the world reroutes and rewires global oil flow and global trade away from Hormuz. And every day, we watch the divisions within the Iranian political structure deepen, okay? Because actually in the, the Iranian president resigned the other day after allowing, us a glimpse into what's going on in Iran by opening up some of the internet traffic. And obviously we're getting, you know, enough Starlink satellites into Iran and up and running that we can now figure out what's going on, and we can see that they have. No, they're running out of food. They're running out of of of of of basic stuff. They're, they're literally now at the point of they've already slaughtered all the animals and now they don't have any grain, and now they don't have any meat. If you don't have any, you don't have any grain to feed the animals. You slaughtered the animals. It's the same thing that that that cattle herdsmen did here in the United States during COVID. Okay. When we couldn't move anything around, then they started slaughtering cattle herds, heifers. And because they couldn't, they couldn't maintain anything. They couldn't. Yeah. They couldn't move grain and anything else. We all went through this and we're still paying for it today. So the microcosm of the $9 a pound ground beef, that's for certain parts of the United States or whatever the hell it is, is it's a matter of it's the same. It's a it's the same thing that's going on in Iran, except there's Iran. It's going on a hundred times worse. And within weeks, we're going to be dealing with a population. It's like, that's enough. And, you know, you hit it on the head in the sense that it is. Everything is flowing through this Middle East, China, Europe, the banks, right. Regimes. But even domestically in America, this was political because of course, Trump is prosecuting pretty much finishing the war that he began. His original conflict in the entire Trump MAGA movement began in 2015. Party within the Republican Party. Yes. Weekend. The reason why this war measures thing is going on is because he showed that he will not have to play ball with him anymore. He went into Texas and took corn and seed away, gave it to Paxton. And this is those Thune and all these guys that won't give him an appointment. Right. They have this has never happened before in the history of America where a party runs ostensibly apparently, Trump runs both Congress and the Senate, but he can't get one single appointment. That's why Bill Pulte has to be acting director. He will not pass an appointment. They're already moving to get him released, to get them stricken from the administration as it is. You're seeing this system. You're seeing the Unity Party. This is the oldest of Trump's wars. This goes back to this goes back to, why is he a hero? I don't like people who are captured. And the way the Republicans lit themselves on fire back in 2015. So you can't say that about a war hero. You can't call Jeb Bush low energy. That's not nice. He's he's a Bush. So it goes back. And it's what I always said, even when Trump left us in 2021 and I left the Trump camp on the last day of the Trump administration, because no pardons for Ross, Right. Me personally. Right. In the market. But I said, you'll never get me to not love Trump for what he did to the Republican Party. That was the greatest gift we could have received him, exposing that the Republican Party and the Unity Party existed, that there was that red and blue were fake, that there was no Democrat Republican. It's this fake. As the fights are in the Middle East, it's designed as a fake prison of two ideas, a fake binary that gets people stuck within this, you know, blue red dichotomy that isn't real. It's not real. You have more options than red and blue. You don't have only those two options. And that is what's tilting right now with the political scene in America. And in fact, Trump has won the Civil War. There is no MAGA civil war anymore. That's completely fake. It's a bit of what we were talking about before on camera, a little bit of Russian money coming in to the podcast world. They couldn't stop any of this. The real fight is that the Democrats have a civil war going on right now, and the deep state faction that Obama ran is losing. It's getting its ass kicked by the carnies and the communists. We're seeing the actual red and blue shift now in America domestically into something that Bitcoiners will recognize. It's something more like communism versus decentralization and sovereignty, and a plane of battle that we want to be on, not fake. Right. Left. Are you are you sorry? What is your tweet mean or not? All this fake stuff. Tom, your thoughts?

Yeah. No. And we'll get to Bitcoin in a minute. And the Bitcoiners, they they've got a I say this as both part of the Bitcoin movement and standing slightly outside of it. So I'm going to take the I want to take my I'm going to put my right foot that's outside the Bitcoin community and, and I'm going to stand on that one for a minute and say, well, you guys have to realize that Bitcoin has become the it. It's not what we originally as decentralized as as libertarians or whatever we might call ourselves, anything that anymore. And it hasn't been that for a little while, and it still has the ability to, to enforce private property, but it's going to be within a dollar framework. Okay. And I've been saying this for a long time, and I get a lot of shit from Bitcoiners about it. But read the room and understand that, that's where it is. So let's now get past the first grade ideological fights of, oh my God, where the you know, where the goodies? Because we believe in we're against government and against bad it against fiat money and all this bubble. We're like, let's get beyond that. We're now leveling up into a world where, the monetary system is changing. The way we fund the government is changing, everything is changing. And Bitcoin has a very, very important role to play in that. And again, certain Bitcoiners get this. And I and I appreciate that. They get it and they see it as a step. And I see and I also believe I also get that they see it as a step towards eventual Bitcoin dominance. Yeah. Maybe. Okay. I'm, you know, the jury is out on that until we get there. And if it happens before I die and, you know, when Bitcoin wins, I'll be like, oh, I was wrong. And I'll have no problem saying that. But until we get there, there are many, many, many, many steps along the way until and unless we get there. Let's make it abundantly obvious. Okay? All that's to say the following. What Trump is doing in a in a geopolitical sense and in a domestic policy sense, is he is now setting the stage for dollar dominance within a framework where Bitcoin will be a collateral asset, gold will be a collateral asset. Silver may or may not. Vincent, you and I slightly disagree on these things as well. Again, the silver bugs will tell me that I'm a bad I'm bad person for not wanting to. The bigger issue is that we're not here to stand on our ideological fences anymore. This is about winning real, honest to God political battles where there are real guns being pointed at us all the time, and we're not in a situation where we can just sit back, stack, stack, SATs and win. That's not going to work. That's no different than arguing over semicolons, have ideological purity, run, a training, under the be ungovernable banner for the Libertarian Party. What you guys can't get arrested is dogcatcher, and he's running for dogcatcher, and he's in Texas. And you're going to tell me that you're going to put Thomas Massie in the White House, okay? You guys are delusional. And you and you frighten me terribly. And I'd like to go now. Okay. So let's let's let's get down to the brass tacks of practical politics, which is what where Trump operates. He has a vision. That vision includes Bitcoin. It's not exclusive to Bitcoin. He understands that that's going to be part of the the way he gets out of this old system of debt and taxes and thievery and flow control and all of this stuff. He wants to control the flow. He wants America to control the flow, and he wants Bitcoin to collateralize the new flow system. Whereas what do the, you know, what does the European Union want? What is the City of London want? What is what do they want? They want, of course, to continue the old system where we constantly have to rent our life back from them, pennies on the dollar. That's their model. We're trying to change that model. Bitcoin is part of the conversation where we get out of that model. But it's not the only thing that gets us there. And I, I really do believe that at a certain level, this is why I have been so angry with the climaxes for a long time that you guys are actually doing are actually carrying water for the bad guys by being, hey, step by step, zig, you sound just as crazy as bringing the libertarians, and all we got to do is enforce private property and the world become a great place. Like. And no one believes it, which is why nobody votes for them. Which is why Thomas Massie lost his freaking primary. If you look at Massie's primary numbers, they were very obvious. In a world of 22% voter turnout on primary day, right? Thomas Massie's numbers year over year were falling from 50,000 to 47,000 to 39,000 votes. In this one, he got 47,000 votes, but he got 47,000 votes in a 34% voter turnout environment. Now in the most expensive House race of all time. Okay, so he was able to up his vote totals, but he still wasn't able to up his vote totals back to 2020 levels and 2022 levels. Come sides. But you the Jews, were on both sides of the trade. John Cornyn, their biggest recipient. Right, right. They didn't want to hear that. They didn't want to hear him going after, you know, forcing Tillis out of the Senate in North Carolina or, you know, Bill Cassidy down in, in Louisiana. Trump got three senators. I want to remind everybody, if you don't think Donald Trump is not in charge of what's going on politically, we haven't seen a president use the bully pulpit of the presidency to get three senators since FDR. Okay. Out of 101 house seats, not eight on eight of endorsements on nine with senators. Yeah. And, and and then and Supreme Court justice and state Supreme Court justices, state House reps, state senators, blah, blah, blah. Like the guy's got 110 to nothing. Okay. Like it's it's ridiculous. Amassing left his constituencies behind. Okay. He did he left them behind. And that's why he lost. Like no one was going to, you know, no one in East and and again, America to to you know, to to you got to realize America is a big place. Europeans are beginning to figure this out, by the way, that there's like 15, there's there's like 15 or 20 subcultures within the, within America. I don't know if you guys I, I've been doing I've been watching this recently. There's a whole subculture on YouTube. Europeans come to America and and are Yeah. There's a whole subculture in this. And I think it's really important that even Americans watch this stuff, because then they begin to realize, oh my God, America's not just the Cosmo Terrans in DC. And in New York and the, you know, in New York and California, America and everybody else is just a mouth-breathing moron. I got news for you folks. Does not breathing morons. And in the middle of the country are the ones that are your people. Okay. 11. I remember I had a similar framework of, you know, Europe's better at stuff. in Paris, and I saw Trans Am, like a nice. Trans LSA. And it was one of the first times in my life where I really was like, wait a minute. I never really appreciated that car. I something, Right. That V8 rolling up the Champs-Élysées, something deep inside of me was like, yeah, of America, man. Yeah. I, you know, when I had the chance to finally buy my what you would call my midlife crisis car, you know, and what I mean, really wasn't. I just, I've always like cars that, you know, I'm always like, you know, performance cars. But I finally had a chance to buy one. What did I buy? I bought a freaking. I bought a yellow Mustang convertible with the ten with a with a six-speed manual. Why? Because Ford makes a great six-speed manual and, you know. Yeah. Did I buy the V8? No, I didn't buy the V8, but I bought the I bought the turbocharged four. But it was a great touring car. It was a cool car and I enjoyed it. And, you know, and I'll be honest with that, it's probably still. I wondered if I didn't at the time, if I didn't live in, you know, on a, on a pockmarked dirt road in North Florida, like, and, you know, when you when you. The the thing. The blind spot. I think that Bitcoiners have had for a long time. And it's something that I have been touching on, on my show every day is that they Bitcoiners seem to imagine that you can go from the US dollar system straight to Bitcoin. Asian. But the truth is, the Federal Reserve did not just come out of a gold standard. It came out of bimetallism. We had a different system before the Federal Reserve. And I think in many ways, we're running this thing backwards in order to unwind the dollar. We're going back to where we came from. That is bimetallism. That is a world where the US dollar at the end of World War II, to what I saw, was everyone was allowed their own fiat Ponzi, and it all plugged into the Federal Reserve System. What Trump is basically saying is all of your fiat bonds are getting shut down. They're going to weaponize the US dollar. They're going to dollarize Japan. They're going to dollarize. Yep. Their own inflation. And and both and both and both through the private markets Tether and the American Banking System. Clarity Act. Genius act. Some of viable stablecoins. Care when people say, oh, the bankers are going to win the Clarity Act thing because they're going to stop Americans from getting yield. That's actually a win for us. It is. It absolutely is. Aren't getting yield? Foreigners can get yield to weaponization of dollar demand. Once once you see, Warsh lower those interest rates from the Federal Reserve, Canada is going to have to follow. You're going to have to see the Bank of Canada drop to 2% if America is at one. But then what ends up happening is the private market, basically the old Hong Kong dollar, the stable, the original version of the stablecoin because it's collateralized senior edge, senior edge is the best business that ever existed in the banks have had it for themselves until this time. This is going to be collateralized private senior edge again, which has tons of spread, tons of money to be made. And all they're going to have to do at Coinbase is say 10% on USD deposits in Canada. All of the American base can now subsidize that. And that's what's going to happen if JPMorgan gets his way. If Jamie Dimon gets his way, he's going to create the dollarization of the rest of the world. Who cares what's going on in America? Canadians are going to get 10% on Canadian dollar deposits and 2% on US dollar deposits. That's the end of that. So when, you know, putting all this together of what bimetallism looks like, what it looks like when you've got political money functioning the way was always designed, they're going to get what they asked for. They want it to be fiat political money. You're going to get it. Your dollar is becoming food stamps. It's going to become consumption money. It's going to be what the peso is. In Argentina today. They use the peso to buy coffee and Coca-Cola and consume. You buy things with it. It's political money. It's not. But that's the difference. This is what the Bitcoiners who believe that we'd go straight to the Bitcoin standard if everyone just if all the plebs of the world held some Bitcoin and we didn't participate, we would win. That's No. Showed us there's only really two industries that matter in the world. I love the restaurant business. Right. Nope. Industry, the fake laptop jobs. None of it matters. The two industries that matter in the fiat world are Wall Street's and the energy industry. They're the only two industries that matter, and Bitcoin is going to infect those industries. You win those industries, you win the spaceship, yo, and you're included in it. Yeah. You go get all these energy companies to start keeping Bitcoin on the balance sheet because they're also Bitcoin miners because they have energy and all these things. That's what sets the stage for Bitcoin winning the industries that matter. And if you get that, you shift reality. And I've been saying since COVID, I don't think this like a bunch of plebs holding Bitcoin is actually going to happen. I saw how sludge people function during COVID, even the Bitcoiners. And from there I said, all right, if that's the deal, then we've got to just be like a virus in the industries that matter in the world, the industries that actually make the world go around, we have to infect them so that they want Bitcoin. And that's what's happening. Wall Street is obsessed with Bitcoin, and the volatility is no big deal to them. They've got the bug. The energy industries next. Once once they get the bug in the energy industry, we're in a purely bimetallic world where Bitcoin is being used for savings and the dollar is being used to consume. Yep. Now. Tom. And it's going to be and gold is going to be part of that conversation. And to a lesser extent, silver is going to be a part of that conversation. And what we're moving towards, and this is I think the important part, is what I've been talking about for a long time, which is that we're going to move to a leverage world where these these consumption dollars are still going to be backed by something that is not on that bridge. Okay. We're not talking about the T-bill market being repopulated with City of London 100 times into the euro dollar markets, where there's no control over the, the, the monetary system where the offshore dollar markets have the ability to dictate back to the dollar system what the price of a dollar is going to be. The goal of the Federal. The goal of London under the LIBOR standard from '84 to 2008, a really the 2022 was to get the emission of US dollars down to zero. The cost of emission of new dollars down to zero, so that they could pull the yield off of their euro dollar deposits. And they're the ones who can then determine what the price of that dollar is, who gets them, who doesn't get them, direct the flow of them. And by also having control over the flow of oil, and which is the mechanism by which all of this dollar flow actually is collateralized and moves, because without it, there's no global trade, without global trade, there's no forex demand, without forex demand, that our demand for money, blah, blah, blah. And then you use the between that and the Bank of Japan being your and to a lesser extent the Swiss National Bank being at the zero bound. This is the means by which you create carry trades which then they can, then they can profit off the spread, use the spread to then, you know, buy political power around the world and do whatever they need to do. What Trump is, what what the stablecoin system will do is lower the leverage ratio. And it will also, and I really do really do believe you're listening more carefully. It's very clear what he's going to do and what Besson wants to do. And now they're talking about collapsing the, the, the 12 regional banks and the Federal Reserve and redesigning the Federal Reserve away from a railroad-based economy of the 19 teens to we don't need 12 reserve banks. I said this the moment I saw Soper, I'm like, we don't need a Fed funds rate anymore. We don't need 12 regional Fed banks anymore. We don't need any of that. The reading anymore. Right, right, right. And all of that. So what we all we need is the Federal Reserve to act as a monetary Exim bank for dollars. That's all it is. Whereas the domestic markets are going to use domestic stablecoins to fund domestic production at subsidized rates, similar to what China has been doing for years. And the offshore dollar rates will be higher. Notice how there's a I was like a 3.5% spread between the offshore dollar rates of, of sending of buying Chinese yuan debt and what Chinese entrepreneurs can lend. And Luke Grauman talks about this all the time, but I, in my opinion, gets it backwards that this is not going to fuel that this is this worked for China to build out the, the, the, the build them out. But it's going to come back and bite them in the ass. Once the United States pulls back on dollar creation or pulls back on dollar leverage, and we're going to shift that, we're going to shift that arbitrage to the United States, and Americans are going to get dollars at one 2%. The rest of the world is going to get dollars at three, four, 5%. Other people aren't. Yes. And there are going to be people who are going to be able to pull a higher yield off of, off of, off of Canadian dollar savings and whatnot pumping into the system that way. That's fine. But what's really important is that at the same time, Trump is pulling all those dollars that went overseas for the last 50 years that was sitting on central bank balance sheets and sovereign wealth funds and everything else, and he's forcing them back into the United States as investment to accelerate the process of rebuilding the domestic, productive base of the United States. And we're we're not a financialized economy. We're an industrial economy. I, I percentage basis that's important. And as far as the Clarity Act and the yield is concerned for Americans, they're not going to be able to get direct yield as a passbook savings, passive yield off of the T-bill that backs those treasury backs or stablecoins. That's what the banks are arguing for. But if you read the, read the final language very carefully, they will be able to offer incentives for your savings. You will be able to time lock your stake, your your your your your stablecoin savings. Now that gets us out of zero time money. That's important because that's what interest is supposed to be, which is you lock your money up for a certain amount of time in order to forgo the use of it, to give it to somebody else, to go do something with, with the old system of paying just paying on, on savings. Okay, is with zero time, you know, with with zero time lock up is the friggin fiat Ponzi system. Okay, you take that away and you say, okay, look, if you want that, you have to forgo your money for a certain amount of time. And if it's like three months, six months, basically all these stablecoins are going to become the savings coin. The savings, the stablecoin savings are going to look like CDs. Okay. That's what staking is. When I first got into Bitcoin, I was overwhelmed. The jargon, the security risks, the fear that one mistake could cost everything. I remember staring at my screen and wondering, are my keys safe? Did I do this right? That experience is why I started BTC Sessions. For over a decade, this channel has helped millions of people like you learn how to use and secure Bitcoin. But I realized something. For many people, videos aren't enough. Everyone learns differently. Some need to ask questions in real time as an expert walks through their setup, their goals, and their threat model. And certain things like advanced cold storage, inheritance planning, privacy, and node or mining setups often can't be fully solved by watching another tutorial. So I built BTC Mentor. I recruited the best Bitcoin educators on the planet to work with you one on one. Real experts, real answers, personalized hands-on guidance tailored to your exact situation, whether you're brand new or building a complex setup. We meet you where you're at and walk with you step by step. By the end, you don't just hope your Bitcoin is safe. You know it is. If you're ready for that level of confidence, then head to BTC Mentor Audio and book a call with us today. Having for your money for seven months. And, you know, for seven months it'll give you 3%, it'll give you 4%, whatever that one. Right. War that they're conducting right now. Of demand destruction for dollars around the world, which is one of the reasons why Bitcoin has got the trouble right now. The IPO. Yes. Yes, yes, yes. Venezuela, Iran. You're seeing in the Sofr markets not knowing you're you're. Yeah. You're seeing it, you're seeing the. So for more because I was, I did a podcast the other day with my, with a friend of mine by the name of Matt Dines. I don't know if you know Matt. Okay. Okay. Cool. So, Matt and I did six hours over two podcasts with Tommy Carrigan going over a lot of the stuff. And Matt noted, on Memorial Day, how the whole friggin four-week human bull market just, like, collapsed, right as there was this massive demand for dollars while the US markets were closed. And that's a that's a huge tell. And then it's just been going on and on and on since then. I watch the I watch the, the volume on now on the. So for futures market, I check it like in the December '26 and March '27 and June '27 money to see if there's any spikes in and volume on certain days, because I know that in the past, like Andrew Bailey and Mark Carney have been running operations to attack Sofr in order to, you know, they they did this in a tariff tantrum. It was immense what they did during the tariff tantrum last year. I I'm not seeing that right now. What I'm seeing is just generalized demand for dollars and they're pushing up the bid on on future money because there's a, there's a, there's a real worry about dollars at this point. And then it's obvious in the two-year yield as well because there's a, there's a, there's a kink in the US yield curve right at the two-year mark. Well, Turkey would have been the extreme example of that. Right. Because they basically just liquidated everything cause they needed dollars. Now. Yeah. Well, City of London needs dollars now. They also need gold. Like, don't kid yourself. Turkey is a city of on the carve out. They just rated all their. They just rated. Turkey was just an offshore it. Was this an offshore banking rate for them when they start rating BVI or the Caymans or Ireland. That's when it gets serious. Canada. That's when they get serious. Tell here was if you remember when the Ukraine-Russia war started and they had no trouble seizing all of Abramovich's yachts and his houses and everything, but when they find out with the Iranian thing, you know, it was the big story was what do we do? They have so much money here. They have a big real estate empire. Complicated mess. The Russian guy was straightforward, simple. Take it. Get Right, right. His soccer team. They forced him to. Yeah. Yeah. Seize someone's house. You can. You Right. To sell a sports team. But, you know, someone's got a $50 million house, and suddenly it's like, oh, what do we do? We can't figure this out. It was funny when we were up in Calgary. Right. I was sitting there chatting with Matt the after Cornerstone that night I was there with was me, Matt Dines, a couple other people sitting there, young man, hours wise, and we were talking about we got, we got onto the subject of, of the IRGC and Iran and everything was sitting was asking, you know, since you're, geopolitical questions, she was a good sport and we had a great conversation. Matt just termed the IRGC as a private equity fund that operates, that runs, you know, it's a City of London private equity fund that runs, that operates in and inside Iran. There is no. That said, that was his description of them. Like, oh my God, that's absolutely right. Because then when you go and you look at all the IRGC holding companies, where they where their money is and everything else, and then you realize that they were using the UAE as their banking center. They know. Illicit money, their cash money, the money, the cash that they get, not their not everything else that all comes through Hezbollah. Right? I was talking to my my friend Aussie English and Private the other day and he's like, what dude, don't you understand that Hezbollah owns all the strip clubs in New Jersey? They they own all the, you know, they. Yeah, they that's where they make all their money. Of this stuff. And the money just flows in. They've got they've got the they're they're literally an organized crime syndicate around the world funneling money through Hezbollah back to Iran and the IRGC. The IRGC then uses the money to, to to pay for all the, the terrorism, everything else. Note, by the way, so just to bring it back full circle to Nathan's original question about where are we with Iran? How about this, folks? At the beginning of the war, you know, the Dugan Easters, and which would be the everybody in the orbit of Steve Bannon and and and and all those people immediately said, you know, claim Bibi made Trump go to war on behalf of Israel. And then Iran, you know, facilitated this narrative by immediately bombing the crap out of Israel. Now, that ended once Iran was had no missiles to fire anymore, right? Or didn't have any launchers left. They have plenty of missile launchers lost or they have some right after that, they immediately, every time the negotiations kept moving and things kept happening, the UAE leaves OPEC, then opens up the, yeah, blah, blah, blah, blah. Notice you notice how Iran wasn't screaming about Israel anymore. They were screaming about the UAE. They were bombing the UAE. Why? Because it was shutting was using OPEC to shut down the the money flow. The UAE flipped and gave up all the IRGC bank accounts, froze them all, froze the money for the money flow. And so Iran immediately, the IRGC immediately then starts attacking them. Same thing, by the way, last week when it looked like we were, you know, somewhere close to some kind of a deal and, you know, the, we started turning on Hezbollah in Lebanon. And what happens? Hezbollah then attacks Israel and then and it was Hezbollah first attacks Israel, and then the entire commentariat, including all of the Missick carve outs known as the British, the British media, the Daily Mail, the Times, about all that stuff. They were all writing headlines blaming Israel for shutting it, for destroying the peace talks. Now, there's a piece of that, of course, because Netanyahu's response was, of course, over the top, because he just wants to wipe these guys out. And this is so the situation with him and Trump is dicey. But the reality is that when the IRGC is, money is really threatened and a conduit is threatened, they then attack and then they're, and they're, they're they're they're, what's the word I'm looking for? They're they're press arm, effectively. London, Paris, the European, you know, the, the American, intelligence services, past the part of the media be the New York Times, the WaPo, those guys, Axios, all the rest would all turn around and blame Israel for this when it was really Hezbollah doing it because the IRGC was really they were running out of money and and so Besson's has Besson has taken over for Trump as the guy telling me what the strategy is, and he's really big guy. I mean this sincerely when I call him big gay Patton, I mean, He's an interesting character. Like, no matter what you think about him, I find him absolutely fascinating. Like the stories of him fighting, apparently in the White House in the big pink house. And it's just. Yeah, it's like this dude is a fucking character. Like, I love it. Now that was the other day. I was the other day who's at the Senate? The Senate hearing. Somebody said, is it true that you you can threaten to, to to punch me in the face? Is like, no, I threatened to kick his ass. No, actually, I told him I would kick his ass. Like, Besson doesn't play, right. He's a he's is clearly the guy running the operation here. Because this is about money. It's about money flow. It's about oil and everything else. It's my understanding is the Soros money is not so clear and cut. There's different factions around the Soros money and there's Arabella. And Besson's association with the Soros money isn't from the one who's married, Aberdeen. The the inheritor of the social causes. I can't remember his name all of a sudden. Right. It's it's Wiener. Alexander. So, no, you. My opinion is married to Alexander Soros, right? And, you know, obviously she's his beard because he's gay as a $3 bill. Big, Yeah. Yeah. So, I mean, but look, I saw a bastion is like, Trump is like a lot of these guys, like, they were they were hotshots. They were they were bad men when they were younger. And I just I meant the, you know, at the point, I mean, you got to get to a certain point in, you're like, just because you were bad man when you were 25 because you're a retard when you were 25, or you were at what you were when you were 20, it doesn't mean you're that person at 65. Like, that's not that's zero was wrong. The idea that there's no second acts in American life, he's full of shit. I, you know, I, I'm sorry. He's full of shit and not like. Well, yeah, exactly. And it's just dumb and like, why not? I'm, I've gone, I'm on my third act as a as a human being. Right. So, I hopefully there'll be a fourth one involving me, but. Where I don't have to do this shit anymore, and I can, you know, I can go write bad science fiction and play bad jazz drums. You know? You brought the even, even the science fiction part up because you know, you know the idea that we're in like an, a liminal space right now, liminal space being like the time between the anxiety that comes, like you going to school in the summer, that's a liminal space, right? It's funny that the number one movie right now, whipping Star Wars, sweeping everyone is called Back Room. Like, it's it's the archetype of what we're going through. And. Hit made on very small budget. Sure. 2019. Right. YouTuber is not Hollywood kicking their ass. Oh, well, I mean, yeah, we are. Shows again. We need the good stories coming Other. I mean, I'm I'm I'm going to be honest. By the way, did The Mandalorian. Grogu was a fine little movie. And everybody, you're good at it is worth your time. I've seen it twice. It's a good it's a it's a good little movie. And, it's Jon Favreau who's, you know, still stars, bases he ever was. I mean, dude, seriously. And, it's a what? It's a Star Wars movie about fathers and sons. Like, we're like, the world is healing. Like, dude, it's a Star Wars movie about fathers and sons. You know, about dysfunctional families. Oh, okay. What else is. No. The world is healing so that they've got work to do. Everybody, you know, every. But like, the story space has been just as big a battle space. For the for your mind as the money space as the political space. And everything is is all tied to tied together. I've been I've been on this thing for a long time that, you know. Well, if you're the if you're evil, I'm Emperor Palpatine. That's the why I love using Star Wars references just to remind everybody if I'm Emperor Palpatine and I thought about this many times, or I'm, you know, at Harrison, The Truman Show, which is, by the way, you know, I literally a crib of Philip K. Dick's Time Out of Joint, by the way, FYI, the, if I'm them, I am going to do everything I can to take the generation, my generation that was galvanized by Star Wars, by rocking, by these great stories and told us, oh, yeah, by the way, you can beat the Empire, right. I would do everything imaginable to subvert that. Destroy it. And and, because, you know, you know full well that in 2015 to 2025, they're coming in, we're coming into our power. Look at Trump's cabinet. Look who's coming behind him. It's all going to be it's all going to be Gen X. But Ron DeSantis is doing in Florida. Look at the way the world is. So the way the way American culture is shifting. It's shifting in the Gen X direction. And what do you do? You want to split Gen X off and you want to create, you know, you want to create, generational division. Why is Marjorie Taylor Greene out there screaming about boomers? Because she was told to, because she was paid to. Not because she believes in anything. Because that woman's too stupid to freaking words. But, you know, and so you realize that all of this is part of the operation to rob you of your reason, to rob you of your agency and tell you you don't have any choice. You just sit back and chuckle. Ontarian, this is I'm telling you, this is going back to all of it. That's why I was like, trying to tell the Bitcoiners three years ago, no, dudes, we the fight is here now. Bitcoin will be a part of that story. It doesn't necessarily have to be the story. And we do not have to have the big long-term conversation about how Bitcoin wins. Notice how Saifedean Ammous, the the the author of The Bitcoin Standard, gets on the Patrick Bet David show and they spent 90 minutes talking about Israel. Dude, there's a fucking tell there because he should be there, not talking about this bullshit. The same, you know, I believe one of the reasons why we entered the Trump campaign with such unity in 2024, and displayed a difference with most political worldviews. Democrat, Republican. Why? We were able to split so decisively. It's a very simple framework. And it comes from the 2020 stolen election. And this is where the frame that Bitcoiners have is so accessible. Because don't trust, verify is a worldview for us. We didn't sit around and have to wait for stories of Tina Peters and the Kraken and what happened in Georgia on the water main breaking. Once Bitcoiners found out that you couldn't audit the election, we realized we didn't have an election. There's no such thing as an election. In Right, right, right. And if you don't and if you don't, and look at what's going on in California literally right now. Yeah. Yeah, yeah. Because just like with the capital flows right now, just like, you know, we saw in COVID.

Just like we saw with Russia, Russia, Russia, the Leviathan has to come up and breach the surface and show itself when it's threatened. In these ways, you start seeing the architecture of deceit. You start seeing exactly how this beast functions and when it when it breaches that surface. And you can see it right in the days after the election, in 2020, the truth was out there because, you know, for a minute, for example, when the 2020 election happened and it was, we didn't know what happened. What's going on? You got to realize for about four days they were running for logos because the only prediction market which existed in the world for the 2020 election was SBF's prediction market. One had any right. Right. I was hired by Kraken to wow, shatter them and reverse engineer their products. Because they were shipping products like this. I knew already they weren't building crypto products and were trading off spreadsheets because I was like, there's no way they can. It's just going too fast. Right, right. That makes sense. Yeah. Yeah.

But for a minute, I was the only person in the world who also knew that when Bill Barr went after Arthur Hayes and arrested him in the Trump administration, that we had a major problem. And then Barr turns around, the next thing he does is say, no, Joe Biden won the election. I bar, I mean, I mean to make sure that, yeah, Bill Barr goes and does this. And meanwhile, SBF is the largest funder of the Democrats. The market for the prediction market was only the order book was like $1 million. It was nothing. It was lower than his donation. And the media was like, oh, the non-sentimental gamblers, they even believe Trump lost. So right away you could see the OP and these institutions, you could see how people were being persuaded. But Bitcoiners understood they didn't need to know about SBF and this and that. You couldn't prove the election. There was no auditability. That was one of the ways that we broke to Trump in such decisive numbers, because we no longer believe any of it was real. That was a big moment. California is going to be even bigger for that. We're starting to get that upgrade in America that don't trust, verify is necessary for your operating system. You are, if you're going to have a worldview and someone out there is telling you you can't audit an election, you're trying to do Ethereum transactions and call it Bitcoin. It's not going to work. Right now, you know. No, you're it. Yeah.

And that's, and that's important that it's the psychology of that. And you know, I live by the, by the, by the adage which is similar, which is distrust but verify. Right. Just assume they're lying and then make them, force them to prove to you that they're not lying. Right. And they never prove to you that they're not lying. So, you know, there you go. Conflict right now. You know, because, because I don't, I've never bought what the Bitcoiners say about privacy. We just don't value it. We don't care. I don't even, I make mistakes all the time. I don't know what I'm doing with this stuff. I just don't value it. Now, that's because of, you know, what I value in my subconscious. And I do believe one day we're going to reprogram people to value privacy. But you gotta change the money first. You gotta change what we're afraid of, what we value, our value system. Then we can get to the privacy question. We can, we can start to actually get there. But this idea that we can nag people into privacy, it's not going to work, right? It's going to work because we now have this upgrade of don't trust, verify. It's going to evolve us as people.

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One of the, and you're the, it, Nolan is a great point about privacy. I, because early on in the whole thing, I remember I sometimes you see, I'm one of those people that can see the endgame really, really clearly. I can see a lot of these things happen. You know, the first thing I went on, I'm like, yeah, privacy coins are going to matter at some point in the future. We're going to value these things when we get, you know, when we get to the stack. Right? So that the, and so, you know, obviously, you know, you look at like Zcash and Monero and all these other ones, and that's fine. My, the point being is that what you're looking at with the new stablecoin regime that's just coming into place, and this is, I think, why you have to, really look at the dollar as to why the dollar is going to win in this as the, the, the, I don't know, we call it whatever you want to call it, the unit of account in all of this, as opposed to the store of value or the medium of exchange. It's also going to be the medium of exchange that's going to lose a store, store of value function. And it should, because it was never, it was never designed to do that in the first place. It was never a good idea. Is the following, which is that we're going to have the opportunity here to use the system where there is no privacy. Meaning when you go out into the world and you want to run a business, right? We, it's like, you know, it's like you need to have, in order to have legal protection, right? For your business. You're going to have to give up some privacy because you're a public concern. You're going to have to be able to, you know, you have some privacy, meaning you have a private company. You share your share structure going to be private. The ownership can be private. All that stuff. American law does this and does it really, really well. And that's part of the reason why American law, why, why the US dollar is going to be, is going to be the medium of choice to drive us to this new system. But it's, but the stablecoins are also still going to be private property, in that you will have any legal recourse if someone tries to steal them from you. Right. In the fully private Bitcoin world, if you lose, you know, your privacy, defense is only yours. Now, and don't get me wrong, I'm not saying that that's a bad thing. I'm saying that that you value a certain portion of that with you, about a certain portion of your assets that you, that, that you are private about, that no one should know anything about what's on your treasure, what's, you know, how many ounces of gold you've got in your toilet, yada, yada, yada. That's your private stash and, and your stack of dollar bills or whatever. So, but at the same time, when you want to move out into the real world, you actually have to be able to give up the privacy to get the other legal protection. And you, and the United States still has that, has that system. If you look at, and it's not going away, it's actually going to get strengthened. And a lower leveraged regime, monetary regime where there's more collateral in that, those collateral, you know, the collateral T-bills, it's so a more collateralized system, that's them, that's built on top of a strong foundation of individual rights, property, this, that, and everything else. And that's very important.

What is the European Union looking to do? What is, what does London want? What does that system want? They want complete and utter central bank. The central bank's own the currency. Yeah. From them and you own. You have no, you have no guarantee of property. They can just take it from you because you're a bad person, and they can define what a bad person is at any moment of any day. And you have no ability to have any security. If you don't have any security, you don't have any time preference. Your time preference is zero. You will engage in nothing. But remember the security people feel, right? This is, yep, basic, everyday Austrian economics. If you have less certainty over your future, you will engage in higher time preference behavior. Then if you have certainty about what the future is going to look like, and then you can invest in the longer-term projects and have lower time preference, you're going to be willing to sock your money away into an investment for five years in order to get a return on it. Or one system is designed to destroy your ability to generate wealth and make it turn you into an abracadabra monkey on fucking Twitter. And the other one is designed to turn you into, is incentivizing you to be a builder of, of a, of society and a civilization. One is anti-civilizational, one is civilizational. And, and what's, and I, it sounds like I've been harsh to Bitcoiners in this podcast. I'm not, you guys. We all have that. That's what we want. The question is the order of operations and how you get there, what systems you put in place to interface with all that, to deal with all of these fucking people that have different priorities than you, and allow them to get to the point where they get back to that thing. It's like to get back to that moment where, yeah, all they really want to do is, you know, it's like Nathan asked me when I first popped in before he showed up now. And he's like, so how are things going? You know, in Tennessee? How are you guys doing? Like, if you're enjoying life out there? I'm like, yeah, I'm kind of enjoying life has been, you know, you ask about my wife and what she's doing and everything else like, yeah, this is what's important. And our goal is to build shit and enjoy a more predictable future. But in order to do that, we're going to have to go through this, as you put it all, in the liminal phase of, of, of the uncertainty of shifting from one system to the other. And this new system is not going to be perfect, but it's going to be in the, it's going to be a step in the right direction, or even five steps in the right direction. That's why I, I do, I agree with you about the surveillance of the U.S. dollar. Because again, when I'm talking about reprogramming our subconscious so that we value privacy one day, it's because ultimately I do think that while this whole era, like what you described about Europe has been about the government spying on, yeah. Oh yeah. That's happening here. We're going to reverse the polarity of that. Yes. All of these audits, what you see with what Besson is doing, you know, all these things that are happening this year, Venezuela, Iran, you know, at the end of the year, you do these compilations of the story. That was the biggest. Right? When they see these waves, like something by Charlie Kirk. And then, you know, like last year, we're going to see that this year, or two, it'll be Venezuela. Iran will last a little longer. But every day, the third story of the day, our business audits. But at the end of the year, because it's going to be the third story all year. And no one's even talking about Venezuela. Barely anyone talks about Iran anymore compared to what it was two months ago. Even Trump said it's getting kind of boring. You know, Epstein's going to come back, but even that's going to fall. You know, the number one story of the year at the end of the year is going to be about these audits. And what that story is really about is about, for the first time ever, we're getting transparency on them. Guest. Polarity. Yes. Yes. Like innocent until proven guilty. That's for people. That's for, that's right. Government. No. The government. The, the government. Yeah. No. The government should have zero. Yep. Zero right to privacy. One. Zero. What the, that's why when they want, if they want fiat to be actual government declaration money, because fiat is a government declaration. If you want to make government declarations money, okay. The final phase of that is we know everything about you. Sorry. If you want to do it that way, we get to know. Eventually, we'll value our own privacy because of what we're about to do. Spencer Pratt's about to make a TV show every day about being mayor. Do to love to work. Do your and talk to a person, and it's going to be drama one week and exciting. And the failure and a victory, and it's going to suck. They're going in. That's the future of politics. The future of politicians is what Trump already brought to the White House. It is already reality TV. It's already that way. And it has to be that way. We have to have cameras all around them. You know, it didn't work that in the old era. You know, Nixon thought this would work for him. He thought in Watergate, which was a coup, which was a fake scam. When Nixon was out there doing his thing, he thought he could be saved by releasing. Kennedy had rigged the whole White House to record everything they ever said and never, ever did. Right. So Nixon said, all right, enough of this Watergate shit. I'm going to release everything and show the world that I'm innocent. Now, what we have is this great collection of Nixon just being hilarious, right? Right. The Jews and the gays, right. When it came out, loved it. But of course, the fake news ran an op on it and made, right. Position to control it back then, and the coup that he failed to survive is the same coup they tried on Trump, but Trump is able to reverse the polarity here in a way that we've never seen before. That's why D-class, all this stuff is going to continue all summer as well. They've, you've got to basically reanimate the American mind with the truth about what happened, which is reversing this polarity on transparency and looking into the governments.

I want to jump in for just a second or a quick dollar if I may. So one wrapping all this together, I do like that. Like we had talking recently about like 500 billion in fraud within the budget. We also had I'm talking about the SBR. You've got Mastercard and Visa talking about stablecoin rails as well. But I want to pause on that for a second because I needed to come back to something mentioned earlier and get your take on it, which was the, acting director, Bill Pulte. Yeah. Yeah. Your, your, your, what I was about to say. Go for it. That's why and that's why Bill Pulte was putting. I, you know, it was funny the other day, we, I, we saw the announcement and every, and literally I said that announcement to everyone. Right. And the, the universal response is, what in the actual fact? Right. What the fuck? I said, I'm like, oh my God, oh my God, what does this mean? And, and I thought about it for a second. The first thing I landed on, because it was Tuesday morning and I had to do my podcast for Newsmax. I literally saw it at 9:30, and I'm recording at 9:45, and I, what do I say about this? Right. I never do that. But I had to, and I said, okay, it, what sounds to me is that Trump needed to put somebody he knows his oil in as DNI. It doesn't matter whether he's got anything else. That's how bad things are because we're looking at a full intelligence service revolt. And that's been clear for the last couple of months, or certainly the last six or seven weeks. And, you know, with the fake stories about the CIA raiding Gabbard's office in Washington and all this stuff, I've got the shit's been insane, right? Okay. But that's not the real story, right? The real story. I mean, I had 24 hours to really think about it. And some other people, like, put some, some, some thoughts on the table, and I read them on Twitter and I thought about it and I, oh, no, this is about the guy who is a forensic accountant. Interesting. Accountant by trade. So he's been, and so I'm, you know, I'm going to, I'm going to throw a story out there. This is the story. So what is Trump do? What's Trump? Trump is the lightning rod. He says something every day. Every day is opposite day in Trump's new America. Right. He says X, the Democrats have, and the intelligence services have to say not X, not Y, but not X. So he, they're the easiest people in the world to manipulate. So he's been in complete control for the most part of the weekly news cycle. So on Thursday. Yeah, he said that's, and that's Trump. And Trump goes out and he does all this while ticking away in the background, you've got Russ over at OMB fixing the way we actually spend money and the granting system and all that stuff. And the, you've got Pulte over at FHA. What's he doing? He's going through all of the, the last 18 months, he's been doing nothing but going through all of the, the mortgage data, like who got what, this debt, everything else. So, and, you know. Pulte, in the early days of the administration, kept running his mouth about, you know, the Fannie and Freddie relisting. And eventually the administration basically told him to shut the fuck up because, like, dude, we're going to get there. You need to go back to work and stop being a lightning rod. I know you're enthusiastic. I know you want to fix the, fix the country, shut up and go do your job. And your job is to uncover just how corrupt these people are. If I'm going to throw something out at you. And I was chatting with literally like ten minutes for me when I was sat out with extra Whitey called, I said, oh, by the way, there's a single on this and that. The money has been flowing through the mortgage fraud, and you're going to tell me that the CIA is not a, it's not. They aren't masters at creating LLCs to obfuscate what it is that they're doing and moving money around and everything else, and buying houses on FHA loans for their LLC carve-outs to to move tax money through and to fund all these operations. I'm like, that's what that's what's going on. And the, and that was Wednesday. I'm like thinking about this, okay. That's probably why they moved Pulte in there. And then, and then by Wednesday afternoon. Yeah. So by Wednesday, sorry, that was Tuesday afternoon. By Wednesday morning, John Thune is out there and they're all screaming how they got to get rid of Pulte. Right. How he can't become O.D. and I, how he's not qualified. He's not this, he's not. They're fighting. They're going to fight him harder than they fought Gabbard. Right. That's your towel. They know. He knows. But because all of this money has been, you know, there's all of these, all the intelligence committees in the Senate and the House intelligence committees, all these CIA assets that we call Senator Schiff and, you know, Rep this and, you know, Senator Kelly and Rep. Slotkin and all these people are all just freaking intelligence assets, okay? And they're all probably as guilty as fuck using the, using FHA. I'm using Fannie and using the privacy of the conservatorship of Fannie and Freddie to, yeah. That the Fannie and Freddie. And here's the thing. I've been saying this for two years now. City of London has done everything imaginable, and I use City of London as a metaphor for the globalist Davos. I'd table fuck City on them. Yep. City Island until you get through your fucking heads that it's City of London. Now they have been fighting. They have been no king, right? No, no, no. Nothing. Like I said, they have been fighting Trump relisting and IPO and Fannie and Freddie. They have done everything imaginable to stop this from happening. They shut down the government for months in November because Trump wanted to IPO them back in in November. Why? If you go back and you really look at the timeline of 2008, you realize the goal, the 2008 financial crisis was to install Obama, steal Fannie and Freddie from the shareholders, put it in a black box, and then blame it all on Lehman Brothers. And then they bail out AIG, they leave Lehman Brothers hang, and they steal Fannie and Freddie. And that's the order of the timeline. Fannie and Freddie go first, then AIG gets their first bailout, then Lehman Brothers is not bailed out, and then Paulson comes in and bails out AIG again. Why does it matter? Because AIG is literally fucking London got bailed out and Lehman Brothers got crushed and we lost the whole thing. And then there, and then the, and then the ten Downing Street candidate, not the Manchurian candidate, the ten Downing Street candidate becomes president, as John McCain effectively said, oh no. Yeah. John McCain effectively stands aside, abdicates and. Gets treated as a really know what's going Of course he doesn't know what's going on. She's Sarah Palin and I don't, and I don't say that I don't say a derogatory thing. Right. He wasn't, he has no idea what's going on. She's a governor of Alaska for Christ's sake. Right. She knew something was wrong. And so when you start to really, and why would they, why would they care about this so much again, go back to what I said at the beginning of the podcast. The goal here was to get the fed down to the zero bound have and, and we lose. And so on. A couple of basic things here, folks. The fed funds rate controls, the short end of the US yield curve. It controls the T-bill market by buying and selling and doing open market operations to control the bull market. That is how they enforce the fed funds rate. The long end of the yield curve is controlled by the mortgage industry. And. Libor, but that got changed in that. But, but again, no, but it's a more important understand that that Fannie and Freddie, by buying and selling and making a market in mortgage-backed securities, were able to control the long end of the yield curve. So London, after 2008, had full control of both ends of our yield curve. We were completely betrayed. What changed that? Sofr. Sofr change is that by putting the short end of the yield curve back under the control of American money markets and American demand for money without needing the Federal Reserve, the Federal Reserve, in fact, takes its its cues from Sofr now, as opposed to the other way around. But they're fighting the long end of the yield curve, because where do foreign central banks park most of their when they buy treasuries, they don't buy, especially the Bank of England, especially the Caymans, especially Canada. They all, you can see it all the time. They're constantly attacking the ten and the 30. And there's always a thinner. There's a thinner. While the ten isn't a thin market, but the 30 is. And after a while, it became really obvious to me that whenever they really wanted to make a, write a headline about the health of the American bond markets and the American economy, they would bomb the 30-year yield. Okay. And they buy 30s or they sell 30s and buy twos. No. Curve. Creative kink play these play these freaking games. You can see it in the tech report says Mark Carney took over Canada, okay. It's everywhere. And, you know, and you can see it in the bond spreads. You can see it and all this shit. And I'm like, I've been watching that going, watch. They're going to move the 30. Okay. So we're going to move the 30-year today. And then we're going to get the Financial Times, Investing.com, Bloomberg, all of them to write all these stupid fucking articles about how the United States can't solve, can't solve its debt problem. Then we'll send our then we'll send our useful idiots out in the financial press who are outsiders in the financial press. And we'll have them, you know, and we'll give them and we'll give them an expanded audience. We'll put Lou Grossman on. Tucker Carlson. And, and that's why doesn't. know, I've been saying from basically, you know, from when I became a Bitcoiner and started to realize we were in the middle of a third world war, and that World War III is economic and psychological. And these are the two. There might be some hot war things like the the Ukrainians are experiencing and the Iranians are experiencing. But it's not the nature of this war. The nature of this war. And when we peel back the layers of sediment, we will go back to the '08 financial crisis. We will see that from that day on, we were engaged in World War III. It was economic. If you don't understand the economic flows and if you don't understand that those economic flows are actually all about aligning the messaging and the narrative and all that stuff. Which is why when I saw the ability to bring it back to Bill Bill Day, I was excited. Bill Porter has been giving away Bitcoin for charity just for fun things. For almost ten years now. Really? Bitcoin faucet. I did not know that. Yeah. Bill the so when I saw him, I said, oh, the standard now is that only people I've booked as Bitcoin conference speakers, Tulsi Gabbard, way always Bitcoin. But what you would do is regularly because he's so, he's born rich too. Don't forget. Right. He's not just rich. His dad built every home in Ohio and all this. And he inherited a tremendous real estate fortune personally. And so while he has his own skills, he's very open about being born rich and gave away money. He would always do a thing before he was in cabinet. And the reason I booked him as a speaker, he wasn't in the Trump administration when I booked him. I booked him as a speaker because he would, every day put up a thing. You know, anyone has a sad story, anyone who needs a car, I want to buy a car today. And so people would write, oh, I, you know, my kid and this and that, and he just give you right in the DMs. Wow. The time because he didn't have to think about it. Yeah. And say have explicitly gave away Bitcoin. Now, I don't know about where 2026. So maybe 2070, maybe nine years. He started doing the Bitcoin giveaways. I don't know if it's because I didn't know about him in 2016, but I learned about him in 20. So he's big. Scott, Scott Adams was a big fan of his, and I was a regular Scott Adams reader. So I became a Bill Porter guy and delighted to find out he was a Bitcoiner in the early days. That's why I was so enthusiastic about him. So now you've got a Bitcoiner here, and we're talking about optimism because it is a psychological war. Well, looking at all these demoralization, him, you know, Professor Zhang, I call him. We are get you off servers. We got we. I was on sale today. Because Tucker Carlson, Nick Fuentes, all of them. This is why Bitcoin is valuable in this environment. It can actually help you through the fog of war that we're Bill bought a Bitcoiner running a Bitcoin faucet. You're in national security. I don't give a, I don't care what they say about you. I'm on your side. I. Yeah. Yeah. Yeah. No. Well, I knew that. Yeah, I knew that about policy as well. And I'm like, yeah, the guy was the guy just, you know, he's just the, he's just a decent guy. And, and that's it. And, and again, would he be the perfect guy for O.D.N.I.? If he's a guy who has no political, he's got enough money there, doesn't he? It's the, Yeah. Yeah, he doesn't need money. I, same thing with Besson. Doesn't need money. He's there to do a job. And, you know, and he's not there. The feathers nest is there for. And that's why they hate them. Yeah. They're, that's why they're hated. So, so, so it's early because they can't be controlled with, you know, hookers, blow money, or, you know, or power. Right. Him from. Right, right, right. Far so good. Yeah. Corruptible in the honeypot blackmailocracy that we live in. He's resistant to that. Just as Trump was, just as Besson is. I mean, that, you know, I mean, like, I, dude, dude lives in a pink. Yeah. And, and, and, and he says, you know, this is. Don't. You know, and just. Oh yeah. Absolutely. I, Is unbelievably entertaining.

All right, so then, gentlemen, just so we have something to to leave the audience with. Tom, what should people be on the lookout in just the medium term here? What's kind of your view moving forward? That, you know, that the proceeding with the plan as as planned. We have a dollar liquidity crisis that's been brewing, okay, here right now. And, and, you know, Bitcoin is on sale. Gold is on sale. Silver is on sale. Oil's not quite on sale yet. It's under 100. Yeah, I think, but I think oil's going to probably rise back into the high 70s, low 80s. I think that's where it needs to be. Well, you just, you know, you've you've created a more complicated flow pattern, right, in terms of shipping and getting oil to market. And, you know, it's going to take years to develop Alaska into a 2 million barrels a day or whatever they're going to, you know, it's, it's going to take time. So, but that's fine. Like Trump has gotten the, gotten the pledges from Takeuchi and Japan, he and China and others, you know, he's telling people, stop talking about Taiwan. Stop talking about they like, like we're, we're fixing all of this stuff. And, and what, what people should really be looking at is Trump's strategy is to do away with all of these artificial choke points that are that are where you can. That's where someone can set up a toll booth, set up a narrative, create a conflict and start a war. And the war, and war does not have to be troops moving. Yeah, war, as, as Nolan put it, it's war, and, and, and financial wars is war by other means. Politics is just war by other means. So watch it from that perspective through the summer. And I think as we head into the fall, Trump is setting up a convention in September, not a rally or a convention. Now you ask yourself, what's the difference? The, the, the difference is delegates to a convention. So what are we talking about? I think in the next 30 to 60, you know, again, everybody's playing an extended pretend game. So trying to like, what are they trying to do in Davos? They're trying to wait Trump out. That's all they can do. Yeah. The, the French are trying to push the French. Yeah, the French are trying to to restart the Russia-Ukraine war by attacking Saint Petersburg through NATO territory. I, it's clear they are not going to stop. Okay. It's a, it, this is not an easy, they're not going to go gently here. It's going to be difficult. Thankfully, Putin still has political power, still has enough. Temperance, understands. I think he and Trump Energy all have a plan. And it's going to be very, very difficult to navigate it. But if you assume that these men are all on the same path, which is destroy the globalists in from Europe, and then we'll work out our differences amongst ourselves after that's over, that's going to be the story. That's going to be the story of the next four to six years. And in the process, and in the meantime, we're going to have to suffer through all of this. The, these stupid libertarian psyops about Marjorie Taylor Greene and Tucker Carlson and all the other bullshit. None of it matters. It's just it's just up to to play with on Twitter. And.

Yeah, I'm, I'm in the same vein. I think you're going to see Trump pivot in two ways. I don't even know if it's a pivot. It's just a continuation. You're going to see him continue with the kayfabe. He's got to keep getting. People are going to see more Epstein stuff. Because if Trump isn't the target of Epstein, nobody cares. So you're going to see him, you know, take the the energy of that again. He's going to start absorbing, you know, frameworks around that. I think we're going to get a summer of declassification and 9/11 stuff. I think that's where that tranche was kept out for a reason. I think it's going to come back because you can't, you can't shovel. It's too much. Right? It's just too much. People have been too brainwashed on the three-act play on all of these, framework. So you're going to continue to see that. And then again, the arguments aren't going to be made rhetorically. They're going to be made physically, and Trump is going to move to this golden age type framework, and he's going to pick up where the Golden Age ended last time, which is D-class, all the way back to JFK and the JFK plan. And I think this is an off sort of script, you know, not a common prediction, but I think you're going to see Trump and Putin announce, like you already heard, Trump's route for peace or whatever he's calling it now. He's always going to brand it Trump. So it's basically a physical Silk Road again. The pipelines that you heard, referred to, the, you know, going through Israel and binding up the Abraham Accords areas. But more importantly, instead of a choke point, you're going to have a physical bridge and a physical connection from Alaska to Russia. Or Wow. Oh yeah. That's absolutely. That's absolutely on the table. Absolutely. More importantly, you're going to hear Trump say something like, we're so busy making money with the oil. We have so much oil, we have so much energy. We're building nuclear. We're so busy in Venezuela, we're actually, and the Russians are already good at it. And they used to own Alaska, didn't you know that? We're going to let them come and extract the oil and create a market for it, and come and use their expertise and sell it to the Chinese. So you're going to get a deal, weirdly, where, and this is exactly what Trump said, that the, the, the route was going to go from the Middle East to America. He's already telegraphing it. The route is going to go to America from the Middle East. You're going to be able to RV in Siberia. Okay. Fun. And then, and, and the last, and the last piece of that puzzle is Japan because Japan is the major energy importer. And the pivot point you break, and they're going, and you know, and you break. And I remember the normalization of monetary policy in Japan is a story that I've been on since the day Corona said he was stepping down or he started moving the certain widening the band on the yield curve control for the ten-year. So this is like four years in the making. That is the big story, because at some point, Takeshi is going to be able to, is going to be able to sit down with Putin and finally draft an end to World War II so that Japan and Russia can now finally, you know, do investment deals with each other. The Russians have been building out their eastern flow of oil, to Kamchatka. I talked about this before. They've already, I don't know that there's any plans on the books for a further expansion of the Sakhalin pipeline, but it's currently up to 1.67 million barrels a day. There's more, there's there's more gas out there to, you know, the Sakhalin one and two, that all of this stuff is out there. And Japan wants it all, and the Chinese need it. And India can get their oil and gas. And this is how he's going to split oil off. And City of London is going to move that oil and gas flow away from the Middle East and make an India is not going to be dependent upon that. It, he's going to effectively open it up and go, look, you can buy it from, you can buy it from the Far East. And, you know, and, and that changes, and that changes everything. And so we're going to move into that world of arc, what I've been saying for two years now, which is America, Russia, China as a, as a geostrategic reality. And we're going to leave, and we're just going to let the, the Europeans wall themselves off into their own, drawn their own. We're, we're not going to have to wall off Europe and make it into a John Carpenter movie. Europe is doing it to themselves. And, and by the way, we got Zack Snyder remaking, I mean, if any. I mean, they've been talking about wanting to remake Escape to New York for 30 years. Right. Finally, I think we have the right, you know, I'm like, he's the only guy. We got the right team to do it. And, you know, even going back to what you were saying about, Japan and it being the linchpin in all of this, ultimately, that's why Satoshi Nakamoto chose a Japanese pseudonym. Yeah. The center. Right. The globalists would have had their way in that. What happened in '08 was China was supposed to take the baton, and they were, yes, the new reserve currency and replace America. Now, this was all stuff we found about, found out about the plan, if you will, when the, who came out of the Soviet Union knew all about China replacing America because this was all in their propaganda. It was all in their declassification. And that was the plan. And so when they made that choice for Japan, when Japan made that choice, or sorry, when Satoshi Nakamoto made the choice to have the Japanese pseudonym, it's because the truth was that was baked in. And Bitcoin being released meant there was the new option, which is no country gets it, no one gets it. It's a separation of money and state. And we go into a new framework. And that's what's coming.

I love it, gentlemen. Tom, where did everybody go to follow you? As always, you can follow me on Twitter or TfL1728. The worst version of me will show up nearly every day. And then of course, Patreon slash cold gifts and guns where you can, you know, do you can sign up for the newsletter and, you know, support the work that we do because that's how we make our bones.

Know Nolan? Where everybody can find your fun links. BTC on X. And I am, regularly in the mornings between 9 and 11 a.m. Eastern Time on Wroxham TV. We do the Great Awakening Morning Show, where we look at all the psyops and look at what's going on, and we try to follow the money more interestingly than the fake news does.

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