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Support and do it there. Thank you. All right, So
we're three days away from this and be over. Yeah
no shit, Well, I mean it's going to start the
new whatever. This new thing is so the economy. Everyone's
talking about Trump's economy tariffs specifically. You know, if you
get into libertarian Twitter, you'll get an autistic you'll get
an autistic lecture about why tariffs are bad and everything
like that, because you know that's what they do.
Speaker 2: All those lectures can go and tell them and convince
all of the other countries in the entire world to
drop their tariffs on all the US goods, and we
should have that conversation. But right now along the US
is the only country that basically lets everybody come join
and kind of pillage our economy for free.
Speaker 1: Yeah, they have an answer for that, though. The answer
for that is just in the state. Bro. States shouldn't exist.
They're immoral, they're legal sections.
Speaker 2: Bro, Well, you should start on the other states that
aren't the world you know, superpower you think about you
actually wanted to end the state. They would start with
I don't know, the small states. And it's like coming
here and like bothering me.
Speaker 1: So nice, target, let's talk about tariffs. Tell me about tariffs.
Speaker 2: Okay, Well, so it's not just tariffs. I mean it's special,
it's a combination.
Speaker 1: You're your roboting, Oh.
Speaker 2: That not just it's not just tariffs, it's a condemnation
of terariffs. The tax policy. Well, just you can just
take the two tax the the tariffs and tax policy. Right.
So when Trump says, because on shoing is happening regardless, right,
So when these companies begin the on shoing process, right,
they're going to be super vulnerable. Right. So their supply
they're manufacturing input supply chains are going to be all
fucked up. They're going to have to basically retool and restaff. Right.
So so you're big companies that you really want to
come home there their whole asless is going to be showing, right,
and the market that they're coming into, right, So you're
not only just protecting the companies as they make this transition, right,
you're also getting them a reason to make the trans difference.
So if you onshore production, what you're effectively doing when
you tear at the same time as you onshore production,
is you're pushing everybody else out right, So you're bringing
your guys back home, right, and then you're pushing the
other you know, to say, the other countries that have
been in their companies have been having a really good
time with our economy and forced out a lot of
our companies from verticals that they would have other guys
taken because nobody wants to nobody wants to offshore. Right,
you could say, like, oh, they're bad, you know, nefarious actors,
and they did it specifically to target certain demographic groups.
And there is a bit to that. But from the
company's standpoint, right, why does Toyota put Toyota plants in
the United States? Well, because where's the most Toyota is
sold in the United States? Well, shit, it's a lot
easier to move money around and a lot less expensive
to move money around than it is to move I
don't know, hundreds and hundreds of tons of highluxes and tundras.
That costs a lot of money. It's very inefficient, all right,
So you want production where consumption is safety transport costs.
It also gives you much more accurate feedback. Right, Ideally,
best case you want management, production, and consumption all in
the same place. So you need to protect these companies
while they do what they already want to do. Right
if you can, if it is cost effective, every company
would have their factory right next to where they sold
the most of their ship because why wouldn't you, So
how do we There's really no other way to push
out because we've allowed We first opened, we first dropped
our teriff after World War One as an effort to
rebuild fucked up Europe. Actually, literally, everything that's wrong with
this country is because of fucked up Europe and the
people that wanted it sucked up and all that other
fun stuff. So we dropped our tears significantly after World
War One to basically, you know, pull down, you know,
or pull up you know, the shirt on one side
and let Europe, you know, suckle from the teat of
American prosperity. And then we had to make up the
revenue because at this point in time and again, so
libertarians will tell you taxes are immoral, right, but then
they'll also tell you that tariffs are immoral. Well, which
one is it? Because you have to pick one. A
government has to be able to fund itself unless you
can say the state is immoral, and I say, your
face is a moral and the state of society has
never existed. And anybody that actually says, you know, that
would be a desirable thing is obviously not serious enough
that for us to talk about here on this space tonight.
So if you're bringing all these guys back, you need
to protect them while they do it. You're asking them
to make themselves extremely vulnerable. And how do you reward
and incentivize them to do it? Well, all of these
other business verticals that you can't compete in because you know,
China shoves in a bunch of cheap ship, Well, we're
going to make those markets wide open for you. Oh well,
tariffs are going to be inflationary. Yet no they're not.
What is the lark peak? You're a smart guy. What
is the largest single driving factor of inflation? It's not
money printing.
Speaker 1: It's uh, it should be interest printed. It should be
charging interest.
Speaker 2: Energy.
Speaker 1: Okay, explain that.
Speaker 2: Okay, every single thing you buy got to where you
buy it at by something that runs on gasoline. And
if you print a bunch of money, there is about
a one to third ratio of how much you'll see
the newly printed money, right, devalue the currency, and that
takes about mirrors, makes no difference two years. You can
kind of split hairs and say, you know, eighteen to
twenty months, but really who cares? But if I were
to raise your energy costs, let's say fifty percent. Instead
of a one in three, you're going to have a
three to one. And it's not going to take eighteen
months for the inflation to get there. It'll take about
a month. Right, So energy drives inflation faster, and it
drives harder because you're basically adding cost. Right, So inflation,
if I print twice as much money, right, then I've
devalued my currency fifty percent. Right, But if I increase
the cost of everything, right, because all right, the industrial inputs, well,
how do the industrial inputs get to the factory? The fuck?
They guess? All right, So now I have a bunch
of inflationary pricing happening just from the inputs getting to
the to the manufacturer. All right, Now the cost to
run that manufacturer that now, that's going it's going up too, right,
So now I got more inflationary pressure, and then I
got to transport those finish goods to you even more
inflationary pressure. So instead of just one thing, you get
one thing every single step of the supply chain. So
the thing that people are kind of missing in the
in the tear of conversation is also the energy policy.
There's a couple of guys, some really good guys in
our team that know a whole lot about energy and
a whole lot about geography, and a whole lot about
the combination of those two things. And they will tell
you that right that's near Alaska, there was an oil
deposit that we have neglected using in any capacity. That
is nerors makes no difference, the same size as all
the oil in Saudi Arabia, all of it, right, And
as of right now, that energy will never even if
we started drilling it and pumping it out today, that
if we fenced forward fifty years, that oil will still
never make it to the US economy. Because here I
let you say how number this is? Right? We have
tons of oil production in this country, right, We have
oil refining in this country, and we sell oil. Right
But Pete, would it surprise you that we never laid
the pipelines to get the oil that we pump out
of the ground here in America to Americans. We only
made the pipelines to get that oil to the place
where we ship it away to sell it. So America
can't even use its own oil if it fucking tried, Like, yeah,
we're energy exporters, yes, cool, so, but did my energy
get me cheaper. We know it didn't. It didn't get
in cheaper at all, because I have to send my
energy out into the world and then use that money
to buy energy, and that energy has to get transported
here and then transported all the way to meat. Right,
we're doing dumb shit. So when Trump is talking about
his energy policy, as soon as you scratch below the surface, hey,
you're talking about something that will drop energy pleag prices
immediately just by flooding the market with US energy in
the short term and in the long term. What I
mean by the long term, I mean about two years
before the end of his preser. All of these things
I'm talking about. We'll just talk about the stuff that
will that we will be able to feel before Trump's
second turn is over. Once you get us spoil to
US gas pumps at the gas station, we're talking a
reduction of energy prices. Why have if not more they
can super conservatively. So now take that that thing where
I said, all right, if energy costs go up, they
go up every fire fucking step of the supply chain.
Now do that same thing backwards. It's now cheaper to
transport the inputs. It's now cheaper to turn those inputs
into finished products, and it's now cheaper to bring those
finished products to you. That's three times as much cheeks.
So just energy prices, just energy policy will do more
than whatever the inflationary pressure of carriffs are, which is hypothetical,
because you're also bringing you're also increasing the amount of jobs, right,
so people will be paid more. But let's just say
there was Let's just say there was nothing but downside
to onshoing, it's just inflationary pressure. That's a problem that
you can simply switch off like a light switch with
energy policy, which is also national defense policy. But when
you pair it with tax policy. So in eighteen ninety,
the Gilded Age, it's called the Gilded Age for a
reason because it's called the US had no income tax
and it tarriffed heavily. Those two things in isolation are
very good, right if you did note income taxes, which
is what Trump's chief economic advisor is pushing for immediately.
Just the start, he wants to do no income tax
for people that make less than one hundred and fifty thousand.
That's the start, and the lower and lower and lower
and lower, the budget gets the further and further and
further up the income ladder that works, and if you
put rich people at the tippy top of that, they're
going to make sure that fucking tax break gets all
the way up the ladder. And so we'll just forget
what that does to global capital and tolbal production, because
basically you just make yourself the most mega tact taven
in the world. That's also attached to the largest consumer
market in the world. But we'll just leave that assign
First off, it is a doubling of the standard of
living of white people in this country because who pays
the taxes, that's us, right, So you removing the burden
of the pigmented population off of my shoulders means I
make twice as much. It means I can spend twice
as much. So all of those markets that we those
tariffs kicked out, all of the foreign competition out of
those markets that our guys, our companies are coming back
in two now got twice as big. Quality of living
for white people doubles overnight, just by removing the tax
burden from underneath our net. But in the Gilded Age, right,
something some real magic happened because when you beat the
terriff regime, and the tax regime organically structured the economy
and probably the most virtuous feedback of any industrialized economy
in history. I mean, save the third write for the
third right, was snappier and snappier dressed. But of us
manufactured goods were purchased in America. So that means ninety
three percent of everything the country made, all of it
was bought right here. So ninety three percent of our
economy just bounced around inside our continental borders like a
feedback loop, getting stronger, stronger, stronger, stronger each time it goes.
Because an economy is assistant, it's a complex system, right,
so it generates feedback loop effects very very quickly. So
the again you get the savings of making the thing
is where the things are bought. Yeah, all of that
purchasing being done domestically, all of the labor to manufacture
those goods being done domestically, all of the manufacturing inputs.
Because this is when America used its own natural resources,
which is also on Trump's tend right, So we're not
just talking about oil and natural gas. We're talking about
minerals copper, iron, aluminum, nickel, which apparently is really important,
and steelmaking and on and on and on. So the
industrial inputs had zero transportation costs, not zero, but again
for every I'm just imagining dark enlightenment in the back
of my head screaming about navigable waterways. America has more
inland navigal waterways navigable waterways than the rest of the
world put together. And for every dollar that it costs
something to drive down the road, right, it costs ten
cents to roll it down a railway, and it costs
a fraction of ascent to float it down the river.
So all of our own goods being made by all
of our own companies, manufacturing from all of our own
industrial inputs, in a zero tax environment with virtually no
transportation costs, what does that look like in five years? Well,
if you add fiscal policy to it, sorry, monetary policy
to it, you get the type of miracles that you
see in the third break. Third bich is a miracle,
the third bike in nerors makes no difference. Six years
went from the biggest basket case economy, literally the butt
of every hyper inflation joke, to this day, wheelbarrels full
of breke marks for bread, people having to prostitute their
children to not only the largest GDP and GDP per
capital on the continent if Europe, but in the world.
Berlin was the most electrified city in the world. All
that was done in five years, six years, give or
take a year on other end, doing exactly what we
are talking about, and that's Germany, Little Germany. You compare
that with the greatest nation God has ever grace the
planet Earth with, and you get something insane. When we
had this up and running for basically the time from
a post civil war to the beginning of World War
arguably to nineteen thirty, America again, ninety three percent of
its trade was with itself. America, I'm asked more wealth
than under one hundred years than every other civilization in
the entire history of the world put together. And that's
what Trump is talking about, and he's doing a fucking
shit job of it.
Speaker 1: Well, who in his orbit can explain it like that.
I mean, I think lut next the other day it.
Speaker 2: Lutnik Is did a fantastic job. He's also a very
funny guy with I think the type of funny that
you can only be if you've had a lot of
tragedy happen to you. I don't know what's your opinion
is of Well, I know you're not to talk briefly
privately about the man, but what is your take on Litnick?
Speaker 1: Well, I mean everything he said on that podcast. I'm
I'm looking for it so that I can tell people what,
uh what podcast it was?
Speaker 2: It makes sense?
Speaker 1: I mean Anthony pomp mh. Yeah. Yeah, So if you
go check out Howard Litnek on the Anthony pompos show,
looking for it, there it is. It's called saving Billionaires,
Billionaires says bitcoin tariffs and Donald Trump will make you
rich Anthony Pompano's show. I'll put it. I'll put it
in the comment under under the announcement for this episode
or under this episode on uh on X. But uh,
people should really go listen to that because this is
somebody who has not only Trump's ear, but he's He's
the one who even actually named the Department of Government
Efficiency DOGE and gave that to uh, gave that to Elon.
But yeah, the which the kind.
Speaker 2: Of thing about pissing off the people that people think
that Trump is captured by.
Speaker 1: Yeah, so he you know there are you know, people
will say they'll find they'll find a picture of him
doing something because you can find a picture of everyone
doing something. I've been to Bob Metzva and you there's
a picture of me out there somewhere with a fucking
yamica on. All right, but yeah, I think this.
Speaker 2: Yeah, the only reason that Pete promotes me is because
I have that blackmail.
Speaker 1: But yeah, this this episode is absolutely incredible way he
explains stuff. He explains it very simply. You just have
to go back and listen to it a couple of
times because it sounds feig into your ears. Because we're
told the tariffs are no good. Tariffs are just another tax.
Tariff's work if you have no tax And that's what
I would say to like the freaking libertarians out there.
Now is the time to start hammering. Hey, we got
to get you know, we should get rid of taxes.
Don't say taxation is theft like a fagot. Okay, you
just sound like a like a fagot when you say that.
Say if you want those tariffs to work, we need
to get rid of the We need to get rid
of the income tax and start there. That's something better
to say. Come up with a slogan. You guys are
good at slogans. You're great at bumper stickers. There, there's your,
there's your your. Your message on tariffs is, if you
want these tariffs to work, you have to get rid
of the income tax. And we need to go back
and go back to what we did in the eighteen
hundreds up until how we were, how this country in
this economy was run and ran basically on its own
up until World War One when they took over.
Speaker 2: When was the government if you're a libertarian, when was
the government the smallest it was under this regime. So
the only provable track that you that you have historically
to shrink government, right, the thing that hurts people the most, Like,
I don't think we understand how the one thing libertarians
do by saying it in such a dumb faggot way,
which it is, it really is piz one hundred percent. Right.
You sound like a child. You sound like not a
serious person, right, because, like to someone that's in there
like mid sixties, right or some single mom, you telling
the taxation is stuffed, right. But I rely on Medicare
and Medicaid because our pharmaceutic company and our insurance companies
are so disgusting that they've basically made it impossible for
me to, you know, get basic medicines without some type
of government purchasing right, And you say taxation is theft.
That old lady doesn't understand what deficit spending is, and
her eyes will blaze over before you are able to
explain it. So all you do is sound like a
crazy person that would take away her ability to pay
for her prescriptions because in her mind she has been
told that taxes pay for that. It's not true, but
that's what she's been told. So you sound like a
fucking retard with that taxation is theft. Bullshit. Taxation is
not theft. You know who? I want to be taxed.
I want insane taxes on people that I hate. I
want them to be like the defiser. I want them
to be tax out of existence. I think it's a
problem with the whole. Like in everyone, Libertarians are incapable
of understanding the suffering of other human beings or having
any empathy for those people, because if they didn't live
in an autism filled fever dream on their friend's couch
or in some basement, they would look around that the
hollowed out morality, the hollowed out industrial base of this country,
and they would how hopeless. Those people feel You can
feel it. If you go to these places, you can
feel it. And if anybody tells you that they can't,
they're fucking wand you it weighs on you, like the humidity,
like it's like leaving your shower un hoot and closing
your bathroom door and then walking in there all at once,
like it hits you, like that, the sadness in these
in these places, and according to a libertarian, everything that
happened to those people is good. Actually, oh well you
got you know, business has got to go where the
labor is cheap. Business is just economics. Economics isn't real.
It doesn't exist. Nieces wasn't an economist because economists don't exist,
because economies don't live in vacuums. For economics to function
as a field of study, and the lie that they
try and convince you that these people are respectable academics,
one would have to believe that an economy exists in
a vacuum, right, and nothing else outside of this vacuum
can penetrate it, and the only thing that lives inside
of it is buyers and sellers of goods and capitalists
trying to find the highest and best use of their capital,
and people making rational decisions transaction and transaction at a
time based on the disparity between price and value that
doesn't exist because geopolitics exist, enemies exist, Right, What do
you think moves oil markets? Now? Miss? You know, for
any economists that would constantly be listening, this is my
favorite thing to fuck with economists occasionally someone some of
them I don't enough to talk to me in their life.
What moves the oil market more buyers and sellers trying
to find price discovery, making decisions solely based on price
and value for the geostrategic imperatives of Vladimir Putin's Russia.
What moves it more?
Speaker 1: Well, it's obvious. That's obvious.
Speaker 2: That's I guess economics doesn't exist. Tom Well, I.
Speaker 1: Mean, yeah, it's It's what Sam Francis said. Sam Francis said, Yeah,
theory exists in a vacuum, and as soon as it
gets as soon as it gets released into the air, everything,
all the rules and all the all the structure that
you came up with, it goes right out the window.
It's the same thing as Mike Tyson saying everyone has
a plant until they get punched. In the mouth.
Speaker 2: You said, the most important part of the structure. Who
came on with that structure? You didn't?
Speaker 1: You're robotting again.
Speaker 2: Wow, Really like fancy fancy wireless microphone can't go from
office the kitchen. Well, eventually that steak is going to
fucking seison itself. That these people don't live in a
reality that they could that because of the world that
these people live in, you can pretty much guarantee that
they will never come up with anything of value. Having
such flawed first principles makes you a incapable of analyzing
anything effectively. And if all your inputs are shipped, all
of your outputs are going to be shipped too. So
let's talk about what happens, like, what does this look like,
what is an end result of this? What does it
look like globally, and what does it look like domestically
Because the amount of let's just say, like, if you
just take the tax burden off of the shoulders of taxpayers,
whichever ethnic cohort they may be comprised of, what does
that do to their life? What do they do? Right?
If everybody got paid double the amount of money tomorrow,
would they be spending a lot more? Yes, they would.
Would they be investing a lot more? I think so too.
Would they be borrowing a lot more? You know they wouldn't,
but let's just say they did. That's also fantastic banks exist.
They're important. This is a bigcoin, will never be money.
You need elastic credit. But where do they spend their money?
And now twice the amount of it that they were
spending before, Well, they're going to spend it in US companies.
They don't have a choice because with even the most
mild terror regime, all of the companies that have been
taking advantage of America's prosperity and over saying their diplomatic
welcome exists on such a razor thin margin that if
you were to increase let's say you teariffed twenty percent,
you've effectively priced out seventy percent of the foreign companies
that operate in the United States. So all of a sudden,
there's now room for new businesses, and now all of
a sudden people have a lot more money to start
those businesses. Right, You've now opened up market that would
never be opened up in a million years because some
faggot in China with some sweatshop would be cranking out
bullshit to fill that gap. Right, what this is effectively
doing is punching out every hole in our economy that
is filled with something that doesn't benefit Americans. That's what
terriffs do, all right. I got here's this business segment.
Who owns this business segment? Well, you got three companies
from Vietnam and one company from Indonesia. Well, fuck those guys.
They can't afford to do business here anymore. What do
they make? T shirts, widgets for boats and suegis, Well,
I guess we're going to need squeegees, T shirts and
boat part manufacturers. The problem with having these, I guess
we got offshore prioritize markets right as in like their
products whose market size is small to where a big
company could never you know, defend itself if that's only
all it did. But offshore companies that pay nothing for
labor can afford to do that and then also afford
to do all the other small stuff. So rather than
dozens of small businesses, what you get is like one
large Chinese conglomerate that you never see, right, that just
air drops products on top of you, and you will
never see the businesses that never got to So You
don't actually know that you're being stepped up, right, that
you're being cycled. Your economic advancement is retarded in the
literal term, your optionality, right, the career opportunities available to
you is heavily curtailed. You just don't you don't see
these things, right. But if we want to talk back
to nineteen forty, even the tiniest fucking widget, how many
I mean, how many vintage signs do you see, like
you know, Bob's wing nuts and all these other things, right,
little tiny things. There were companies that only did that
tiny thing. Right, There was a near my house where
I was growing up, there was a button factory that
turned into obviously just detritus, but that place, for eighty
years made just a specific type of shirt button. And
because America only traded within itself, that shirt button company
something so small that, I mean, China won't even fuck
with it. They'll just spin up a couple of you know,
button manufacturing lines, and they'll just dominate all the button
sales in America. Right. But prior to that, a little
button company that employed I don't know, two or three
hundred people with a little factory got to exist. That's
what tariffs do. Tariffs allowed little businesses, and you want
to know who made the best buttons, Those people made
the best buttons because that's all they did. They new
buttons better than anybody. Right. See, you also allow a
type of specialization and compartmentalization that you just simply can't
get any other way. So the what no one's really
thinking is that they're just a thinking in the existing paradigm.
Right Like, I make more money and big companies get
to be more successful than I get to buy more
big American company things. It's not what's happening. You're going
to see small business explode. It's hard to it's hard
to destrog I must want to because America is like
is like, well, you guys won't know this someone as
you will. But if you are a foreign national, if
you are not a US citizen, the best tax haven
in the world is the United States. It's not Monaco,
it's not Switzerland, it's not Singapore, it's not Hong Kong,
it's not Luxembourg. It's the US. Right, So, like three
quarters of all the Delaware c corps are nothing but
holding companies for foreigners' assets. So another thing that we
can look at What does it look like if you
have well, you're bringing a bunch of jobs in Actually
another thing about terrorist Let's talk about the geo strategic
capabilities of tariffs. What diplomatic value does tariffs have? Not
only do they allow you to support your government financially, right,
for over one hundred years, almost all of the federal
government was paid for by other countries for the privilege
of doing business in America. Why would you even bother
having the largest consumer market in the entire world if
you just let everybody rape it for free? Right, Like
this is throwing a house party that are really really
like the really really fancy house party, like the one
everybody wants to go to, and you just let everybody
come in, right or imagine I mean Pete, you live
in South Florida. Imagine like a place like live or ment,
all right, and you just removed that doormam, What does
it look like in there?
Speaker 1: You people don't understand.
Speaker 2: Busy ratio what you want you kill?
Speaker 1: People don't people don't understand what the how the velvet
rope translates and should translate into all parts of your
life and everywhere and everything.
Speaker 2: That's a very you said them again.
Speaker 1: Said, people don't understand how the concept of the velvet
rope should translate into every aspect of your life and
business and politics and everything.
Speaker 2: That is exceptionally accurate. That is one hundred percent correct it.
I mean, there's really very Who do you want to
do business with only the most trustworthy people? Who do
you want to be friends with only the most trustworthy people?
You need? You would? You should. If you want yourself
to be desirable, you need to limit access to yourself. Right,
being able to hang out, do business whatever with you
should feel a little bit special, because if it's not,
then you're not. That's the Yeah, you could literally take
you could take that and apply that to so much.
Speaker 3: But yeah, basically, what what Peter's saying is not just
not just very clever, but it's exactly correct.
Speaker 2: Right. Oh, you guys are putting a bunch of heavy
metals in your in your products, like you you're basically
doing absolutely no safety testing whatsoever. You're manufacturing plant is
a fucking waistump. No, I don't think you are of
the caliber that we want in our consumer market. But
let's just take vent made. Where does ventanel come from?
Comes from China? You know, who are the best people, Like,
if you could hire anybody to stop the flow of
vent made, who would you hire? Who would be the best?
Speaker 4: Better the fucking Chinese government, Because there's nothing that goes
on in China that the Chinese government doesn't.
Speaker 2: Explicitly approve of. Because if not, a whole bunch of
people are going to get shot in the back of
their heads in very cold and dank cells. That's what happens.
So if I tell the government of China, okay, well,
surprise turns out you're the one making all the fent
mal I'm sure this, you know is a you know,
a startling revelation to nobody. But you're going to fix
this problem for us. You're going to police the ventel
yourself and jes comes now because you're girl China, no
them how Missington would say it is funny Chinese accent.
He's gonna say, go fuck yourself. And because you have
tariffs now, you could say, okay, gee, I'll go fuck myself,
and then right after I'm done fucking myself, I'm going
to fuck you. I think the tariff regima on China
now is two hundred percent, and I'm pretty sure that
no amount of state subsidies will be able to allow
your companies to climb a two hurdle, and those companies
won't have access to the largest consumer market in the world.
In fact, really, if you think at what time this
is happening, right, what does two years look like for
the rest of the world. Two years from now it
look like to the rest of the world, it'll probably
look like the Great Depression slash dark Agents. But that's
for an entirely different reason. So we could accurately say
the only consumer marketplace in the world, that's what you'll
have access to. And if your companies lose access to that,
they go out of business. No matter. You don't possess
the capital to subsidize hard enough to climb that barrier.
So all of your people are going to be unemployed,
and they're going to regime change you for us because
they're going to be out of a job and they're
going to be angry about it, and it's going to
be your fault. And what are you going to tell them?
We didn't want to stop poisoning the Americans, so all
you people have to starve now not something message I
would want to give. So it is diplomatic power. Tariffs
are diplomatic power. If everybody wants to stop dumb wars everywhere,
you want to know, what if you get the chews
out of the foreign policy apparatus, or you've nuke the
foreign policy apparatus entirely, that doesn't nuke all your enemies.
That just makes your domestic ones. Countries are still going
to want to have wars. Some of them are going
to be dumb enough to want them withouten with you,
And tariffs are a good way of making sure that
country that would be dumb enough to do that would
have absolutely no allies and they have to go do
this incredibly dumb thing by themselves. Like, tariffs are power.
So if you want less wars, give the executive again.
Oh what if those things are turned to rather using
gifts this when you're not in charge. That's the point, right,
Like if everything that I'm talking about, even if half
of what I'm talking about comes to pass, do you
see a Democrat getting elected again for the rest of
your natural life. Don't get me wrong, I think they
should all be round but up and shot. But let's
just say you keep the veil of democracy. Will any
of them ever get elected. Ever, again, there won't be
a Democratic party.
Speaker 1: Yeah, they'll, they'll actually, they would actually get to the
point where we'd become multi party. The Democrat Party would
split up and then you have you know, we'd become
like Europe where you'd have five or seven parties.
Speaker 2: Bingo, he gets it, Yes, exactly, because right now the
only power that they have is the billionaires. A few
of them have a certain group. But again, that tax
ladder thing, if you were to so everyone thinks like,
oh my god, we can get rid of taxes, right,
like we're going to like, how are we going to
balance the budget and get rid of taxes? Those two
things sound contradictory to me. Well, to give you an
idea of what income tax actually is. It's not capital
gains tax. That's different, right, it's income tax, which applies
to people that make income. Who makes income. I don't
make income. I don't pay income tax. I stroked a
three hundred thousand dollars tax tax a couple of months ago,
So I do pay tax. But it's not income tax
capital gains tax. So who pays income tax? People that
have no capital, working people, right, the people that are
the most vulnerable amongst us, because we know what demographics
don't pay any tax at all because they exist on
social services. So who is income tax aimed at? Same
at working classis that's who it's aimed at. And what
is the purpose of it? Well, how much revenue does
it generate a little bit more than half a trillion,
six hundred billions? And later we left three times that
amount in Afghanistan and then bought the very same year
six times that amount from defense contractors. We lose six
hundred billion dollars all the time. So why do we
do it? Then? Why do we tax the people that
have the least but are also the most important in
our society. All of this shit, all of this working class,
poor white shit like bashing of these people needs to stop.
Anybody that thinks that that makes you look at aristocratic
knows very little about aristocracy and knows very little about ability.
If you want to actually lark as an aristocrat, do
it for real and view the people in your society
that are the most vulnerable and the least fortunate as
your personal duty. It's your jomb to uplift these people,
make them better, right, give them the ability to be
the best person that God made them the ability to
self afterlance and do that, then you'll be an aristocrat
when you'll be mobile. It's not making art and making
fun of poor people.
Speaker 1: So or or when you see or when you see
or when you see the chuds, you know, grabbing onto
a meme about being called garbage and like putting garbage
bags on and talking down to them. To me, that's
you're just a rootless cosmopolitan. If you do that, you're
just a city You're a city dweller, and you don't
know what the fuck you're talking about. You actually hate
those people, that's exactly you. You never speak for you,
You don't speak for those people. You hate those people.
Fuck you?
Speaker 2: Yeah, and what is that? That's eighty percent of whites.
So what you're telling me is you hate eighty percent
of my people. What does that make you to me?
That makes you my enemy. You're not my friend because
the people that I care about you hate, and if
you were in a position of power, you would hurt them.
And that's that's simply something I will allow, nor should
any of you that are listening. You can't hate some
fucking brown leftist academic and cry about how anti white
she is and then turn around and make fun of
the childs. I think you're better than them, because you're
not right if you were actually an aristocrat, if you're
actually a noble person, like how nobility actually won't those
people are your purpose in life? Why does every Saudi
student not only have all of their tuition paid for
when they go when they get into a foreign school,
why does this government of Saudi Arabia give them an
additional either two hundred and fifty thousand or four hundred
thousand depending right because they get married earlier, because they're smart?
Why did they get a quarter million dollars a year
to pay for just their living expensive? Because the King
of Saudi Arabia would be embarrassed if his citizens in
another country lived poorly in pomperished, eating Roman noodles. He
views that as beneath his citizens. He wants everyone to
be jealous of them. And why does he do this
because right next to him is the king of Oman
Marcutter prolamorates. And do you know how these men compete?
They have more money in the like if you think
Elon is wealthid, there's a reason why. If you try
and track down how much money any of these Chakhs have. Sure,
you're going to have a really hard time because they
literally accrue money so fast it's actually difficult to calculate
how much they are worth because it compounds so rapidly.
You know, I would probably say there's I don't know,
three or four hundred guys in the Emirates that could
have bought Twitter and not even noticed entirely themselves. Yeah, So,
how do these men with more money than God compete
with each other? Well, they do it in supercars and
a bunch of dumb shit. But again, that's just stuff
you buy with money. If everyone has unlimited money, then
that makes it kind of pointless. So the King of
Saudi Arabia and the King of Oman and the amraadis
they compete in the way a that royalty competes with
other royalty. It's to be the best his city, his
country has to be the best, has to be the coolest,
has to have the tallest fucking building in the world. Right,
Their students there literally the lowest amongst the society, like
just university students, because's just kids. They need to have
a standard of living so high when they are in
other countries that the people that live there not even
the students. The fucking business people are jealous of them
because that makes the king look good. He looks like
a fucking stud The quality of these people's lives are
a direct reflection on him. That's what nobility is, and
anybody doesn't have it shouldn't be able to tell you
anything about anything. They have no connection to those people,
so that means they have no connection to their people.
And if you have no connection to your people, then
why the fuck are you talking like? There's a level of.
Speaker 1: A lot of people, a lot of the people who
would criticize what you're saying and everything. They've just bought
into the liberal delusion that you know, you can derascinating people,
you know, people leaving their ancestral homelands and going to
you know, fancy fancy zip codes to make tons of money.
You know, that's just exactly what they should do. That
helps the economy, that makes the line go up. That's
literally what they think. Even if they think I'm straw
ating them right now, I am not. That is not
a straw man. This is what This is what you're taught.
If you're in liberal America, if you've bought into this
whole this whole system you've bought, you know, this poll post,
this Nuremberg regime, this New Dealer regime, this whole thing
is if line. If line is not going up, something
is wrong. And they don't even understand what it takes
for the line to actually go up. Payout someone artificially
making it go up. And they can look back in
our history and see when the line goes up organically
and it's not because there was a quote unquote free
market globalism. You know, if goods don't cross borders, armies
will bullshit.
Speaker 2: I would love for them to come up with an
argument that doesn't also a catchphrase.
Speaker 1: They love their bumper stickers.
Speaker 2: Dude, You say, like, well, why, who's America's number one
trade partner China? It sure feels like they're at war
with US and vice versa. Who is Ukraine's largest trading partner?
That would be Russia. I've got a lot. Who is
Germany's three World War one and three World War Two?
Who is their largest trading partners? Countries that were seem
to be invaded? That's it. It doesn't mean anything. It's
literally it's just a catchphrase. You wonder how you stop
armies from crossing your borders be really scary. It's really simple.
I guarantee no one tries to invade Russia again for
a really long time, probably about one hundred and fifty years,
so they seem to have to keep on doing teaching
using Nelson. But once everybody is dead, and once everybody
else that they were you able to tell is dead
one hundred and fifty years, that somebody'll probably try to
again again. This is the liberal paradigm that if we
do enough things, war will never happen again. The same
libertarians that will decry and scream about how well Woodrow
Wilson is is giving me the same speech. If we
do this, then no more wars. Wars won't happen anymore.
If we just get there's no more war, Pete, pre
market capitalism has pretty much ended all the wars. It's
since it's on its face. I don't know about you.
I don't Unfortunately I don't get the scar of enough libertarians.
But would you say that they there are either a
less of them, or be they're a lot quieter?
Speaker 1: Well, I think after twenty twenty a lot of people
just came to the conclusion that people, most people don't
want to be free. They just want to be told
what to do. I mean, that's a conclusion I came to,
and I mean, if you didn't come to that conclud illusion,
you're either ideologically possessed or you're just autistically you're like
an autist who's functionally retarded when it comes to understanding
human nature and how humans act, and that for all
of fucking history, that's the way it's been. People are
waiting for somebody who they're waiting for a leader to
tell them what to do. Now, in this case, we
have fucked up leaders that you don't need to be.
I'll leave that alone. But it's always about leaders. It's
not about radical individuals doing their thing. That's just horseshit
that doesn't get you anywhere. That's what they've been selling
for one hundred years. And because it's not perfect, because
it's not perfect one hundred percent individual is them, Well,
then they're not really trying to sell that. No, that's
what they've been selling you. And that's why you know,
you don't know what your great grandfather did for a living,
or you may not even know his name.
Speaker 2: That's actually a very funny thing to do, right. You
could ask the average Chinese person about their great great grandparents,
and they'll tell you all about them. And I would
guess at ninety percent of America couldn't even tell me
their great great grandparents' names. It's insane. And all of
those chuds that they made fun of so much, I
guarantee you we brought to the Midwest and not only
we get their names, but we'll get their whole stories.
Those people can't get convinced of shit like you have
to before you know what you can be if you
don't know what you are and what are you doing,
Like I can see that shit all the time. We
need to do this, We need to do this, and
this is what we should be. This is what it
should look like from people that don't even know who
they are. Right, they don't even do these things like
we're actually having a debate about these policies. Like there's
some foreign you know, or science experiment. Right, We're just
going to give it a try and see how it is.
You can't take away terrors. You can't do this, you
can't do that. They have no clue that the most
successful the country has ever been per capita was under
these policies, less than one hundred and fifty years ago,
actually nineteen thirty, almost less than one hundred years ago. Like,
only did they not know their own family history, but
they don't even know the national history even one hundred
years ago. But yet they are going to tell you
what policies are bad, and the policies are just not
impressive people, And what's gonna actually, let me check it
right now. I'm curious. It's been a bad couple of
days in Bummins, so I imagine this would be good. Huh.
So do you do you remember the euro the currency? Right? Oh?
Speaker 1: Yeah, that thing that barely exists anymore, that's on its
last legs. And people don't even realize that because the
Federal Reserve can never do anything.
Speaker 2: Right, Yep, exactly, I've been short the European The euro
has been about a buck fifteen year buck seventy five years,
makes a difference the last fifteen years twenty years, actually
more more than twenty years, it's less than a dollar.
Since I don't no the decline started?
Speaker 1: Well why seventh? Because a seventh generation Virginian now runs
the Federal Reserve instead of an Eastern European Ukrainian Getting
bread reads hard?
Speaker 2: Yes, somebody who is literally taught that not only does
North America exist, but the concept of North America is
physically impossible as early as nineteen ten, Like these people
that are in charge, not only are they like not
they haven't been in civilization for more than one hundred
and fifty years, Like they're still new. They're the new guys,
but they lived not very differently than I think. I
was having this conversation with them Will Tanner, and I
was talking about that British explorers, and he brought this
really good example and I really wish I could remember it,
but basically some of the accounts that we get back
that we can go back and find. I was like
British explorers like marching through the African jungle and coming
up on a you know, a village just fill of
like gore horror, run by witch doctors, the people living
in abject filth, ignorance, and darkness. The people that run things.
We're in the exact same spot. That's the nine hundred
and fIF years ago, when they're no more qualified or
run a high culture civilization than any of those Congolese
village dwellers. Now, those hungo these village dwellers probably have
cell phones, they're probably liphones, they probably have Nikes. What
are they qualified? No? No, not the reason I bring
up the euro. I see what the pound is. I
bet you it's even worse. These are the two other
strongest currencies in the world. What is this one pounds
to one twenty nine in usc that's interesting? One pound?
Speaker 1: Yeah, yeah, I was. I was pricing something out of
England and I was shocked at how low the pound
had gotten.
Speaker 2: It was two dollars to a pound for a very long.
Speaker 1: Time, A long time, I mean, like my whole childhood.
Speaker 2: H yep. And it's got in half and the party
hasn't even really started yet, the party where we're going.
So I've been short the pound and I've been short
the euro for about a year and a half and
it has been agonizing, yah, agonizing. But in the last
couple of months it's actually started to pay off. And
I am and it's not just me, Pete. You've been
digging into Martin Armstrong. Martin's never wrong. He was the
one that kind of took me off, and then Tom
along go, you know, back to build the reasons for
why Martin is right. Martin never knows why he's right.
He just knows the signal. We're going to see the
pound at sixty cents to the dollar in the summer
of next year. It's gonna be like Stormy, you're talking
out of your eyes. And some of you that have
listened to me for like over you know, a year
and a half whatever, two years that listen to my
some of my earlier spaces, you will remember me running
around rapidly telling you all to buy uranium. Nancy Pelosi fund.
They just want your in investment. For sure. It's four
x since then, and it will four x at least
two more times before it's done. So I think my
predictions aren't bad, they're pretty good. I made some other ones,
like when we were telling everybody to look into jobs.
See they can get apprentices apprenticeships at small repair businesses
because mostly there run by boom most of the boomers
and have kids. So there's a good coin toss, like
literally a fifty to fifty shot of whether that business
is going to no one. And you don't need that
guy to will you all of his inheritance. It's not
going to happen. Maybe it well, who knows, But with
a repair business. If he has trained you to do
all the things and you're just as trained up as
he is, all he has to do is give you
the clients and the relationships desperate, and now you have
his business. And I posted a Wall Street Journal article
about a month back, and I believe it says America's
newest millionaires something something small business and repair businesses. So
I do have some credibility when I say this, the
euro going to zero, it will likely not make it
out of twenty twenty five. I'm alive when the pound
is going to sixty cents by the summer. And these
are the first world countries. That is the second and
third strongest currency in the world. So what we're not
talking about in which we're about to talk about is
at the same time as Trump is doing all these
amazing things that we are talking about. Literally, if I'm
trying to think, if you just add in government lending
but you know, wander zero percent, you would have national
socialist Germany. I think it's really the only economic difference, right,
But you can't do that. We can't do that because we,
unlike Germany, Journey did not have a very robust banking center,
did not have a private banking industry really that was
left by the time became to power. So it basically
the state just kind of filled the void that you
know was really not a void and was more of
a smoldering traitor. Right, so you get all of the
inefficiencies and credit that come with that, right, the government
basically trying to a step into a business has never
done and be trying to figure it out the fly.
M So Also the reason why you're not going to
get that here is because a lot of the people
that are making this happen are the same bankers that
you were taught to because certain bankers not other ones.
And before everyone jumps on the Lipnic's case, right, take
a quick read through his early life. You will see like, yes,
he was born two I believe it's as a Jewish father,
but that's not a Jewish mother, is it. And what
strikes me really odd is that his first year in
college he was orphaned. Both of his parents died within
a year, and it said something really profound that all
of his extended family and family abandoned him and his
two siblings defend for themselves. That doesn't happen in certain cultures,
does it? Be no, there is like whole funds ready
to go to step in if that happens. And something
very very interesting also it is a miracle. Like when
Larry Silverstein says that he was not at the Towers
because of the dentist appointment, whatever, that's sketchy because neither
was any of his leadership team and almost almost his
entire office, right, And I wish Ryan Dawson was here
just for a second only to tell me this one thing,
and then he would just start talking about libertarian bullshit
and trying to convince Runnan Dawson of the inaccuracies of
anything libertarian need bullshit is no impossible, and you're just
wasting your time. As much as we love him, he
has done more work than any one of us has
ever done as far as moving the needle in our direction,
whether even if he hates it, I'm sure because it's racist.
But Ryan will tell you all about an internal messaging
that existed or that's certain of a heart in and
around World Trade Center one and two. And all you
had to do to be part of this message up
that told you not to come to work in the
morning of September eleventh was to be part of this
ethnic group. That's it. It was like Facebook, but instead
of colleges, right, we had to, you know, have a
college email. You had to have a there's there's there's
a cleverer joke here that I just can't pull out. Yeah,
but anyways, you have to have a tiny little hat
and blew. It could have been away from here. This guy,
he apparently didn't get the email. Right. Canter Fitzgerald is
Wall Street Royalty. This guy was the CEO and chairman
of candid Right, can't Fitzgerald? It is part of like
the infrastructure, right, Like there's a whole Like the biggest
companies on Wall Street. People don't even know they exist.
They don't never heard the names. If I were to say,
like C in company, C I, E and CO, nobody
knows what the fuck I'm talking about. They're probably one,
if not, I mean outside of JP Morgan because of
its control over the bullian market. But if it's just
a banking and investment banking services minus the bullion market
and its relationship to the BED, JP wouldn't be able
to hold a candle to see and CO. But these
are private companies, so you don't know about them. They're
not publicly traded. Canter with Gerald is one of those
like these guys are part of the firmament, have been
for over one hundred years. And if you were to
do a ven diagram of the three nineteen seventy Anglo
aristocracy and intelligence community back when we would still you
know who left his governments for United Fruit and other
good stuff like that. If you were to do a
venn diagram of that group and Canter fit Sterbold, there
would be very very little daylight in between the two. Right,
So this is a very well plugged company with a
lot of very famous names attached to it. And on
nine to eleven, this guy just it just happened to
be his kid's first day at school and he drove
them to school, missing maybe by fifteen minutes. But again,
he's an orphan with two siblings, and he will tell
you in every interview that those two siblings are the
most important people in the world to them, because it's
the only famer who has and they are all very
very close because they basically had to live together, like
the type of close that you can only be when
you depend on each other, like men in Foxhell type
of plus kin if it was just him that made
it out okay, but his brother didn't. His brother died instantly.
He died instantly because the very first plane that hit
the very first tower, and if you notice, like where
the other planes happened to hit, pardon mats for being
so rude and not silencing my phone, my apologies systems.
All the other planes hit really important places, like where
it hit on the Pentagon, pretty you know, choreographed stuff.
The very first plane hitting the very first building hit
Canter Fitzgerald's offices like they're world headquarters. They were. They're
a global company. They're an American company, global company, but
they were kind of run out of a center office.
They didn't need, you know, all these various offices over
the world, all over the world. They had some but
all of the senior management, like everyone, I think, what
is it, nine hundred people? It nine hundred and foties
in total?
Speaker 1: I think, uh, six hundred and fifty eight died on
nine to eleven.
Speaker 2: Out of three thousand.
Speaker 1: Yeah, what is that?
Speaker 2: That's actually worth whipping out the calculator.
Speaker 1: For that's a fifth a fifth to.
Speaker 2: Yeah, twenty five percent of all the people that died
in nine to eleven happened to be at this company,
the most powerful company, one of the most powerful winners
at Wall Street, the people that make all the trading happen,
the actual execution of the trades. The reason you can
trade on the New York Stock Exchange is because Kanter Fitzgerald,
Let's see it, right, big power, all the execution software,
all their servers were also in those buildings or in
those floors that got hit. So in twenty percent of
the companies or spend twenty percent or even higher than
twenty percent, of all the fatalities of nine to eleven
come from a specific company. Why weren't the company? Why
weren't the numbers fire for other companies? Because they had
time to get out of the buildings, right, So whoever
wanted Basically, Canter Fitzero, what I'm saying is kind of considered,
was deliberately targeted. The plane hit right underneath so no
one could escape. And this guy should have been in there,
and the person he loved the most in the entire world,
more than his wife. He'll tell you his brother was
in there, and none of his employees got to be
on that really nifty messaging cap. I told him not
to show up to work that day, so I know
who did nine eleven, and I'm going to have to
hear from people that those people are not only behind Trump,
that are behind this guy too, and they're not going
to be able to listen to me explain it like
I just explained it to you guys. Why I don't
think this is the case with this particular man. I know,
the man who's gonna work for. But I'm going to
have to hear it. I'm sure like nine to eleven
was delivered as fuck, all the targets were delivered, all
of the impacts I can deliver it. So that means
this man and his company because he was the chairman
and CEO at the time, they thought that he was
going to be there. So it's this guy, and that
means largely the administration is controlled by those people. What
are they just going to forget, like, oh, sorry, you
tried to kill me. You killed every single person I
cared about, right, my entire company, my brother, the person
I loved most of the entire world. I can relate.
And I'm just gonna be like cool with that, and
I'm gonna be helping you guys out on your team.
Now I guess sounds retarded. So it's a very interesting
early life. It's kind of a you know, like that
end night Shamlah movie, right where you think you know
what's happening and then a m there's a twist. It's
kind of like that. And if you look at all
of his charities that he donates to, also really interesting
because the same reason that nobody came to support him
and his orphan siblings. But the reason I found that
strange is because there's a certain thing that they do, right.
The reason that these people have so much power, and
the reason they have money power is because everybody jokes
about the Mormon Church and scientology having to give up
ten percent learn income. Well, with them, it's twenty. It's
called sedaka, right. So if he was that that's the cohort,
how come none of his money is going to any
of those organizations, those charities, those philanthropies and foundations. None.
I find it very strange because if I look at
all the other people that kind of fits the same him,
and I look at their philanthropy, it's even like more
than twenty percent those organizations. So he that thing didn't
the money Pott didn't come and help him and his
siblings after he was orphaned, and he doesn't donate to
the money potter, and the organized money pot people basically
killed his brother, and the company that he loved almost
got killed, and all the people he ever worked with
got killed because he started at Jenniferzgerald when he was
an intern during college. Never left, So it means all
the people that he's ever worked with his entire life. Sorry,
my biologies. I hope this afterm is going to save me. Oh, motherfucker. Sorry, Pete,
where do you want to go next? Well, I don't
know the currencies. The currencies, yeah, sorry, I got all.
Speaker 1: Yeah, I go there.
Speaker 2: Yeah, all right. So at this has happened at the
time as our economy is going to basically get shot
up by a level of track cocaine that Hunter Biden
could only dream of. Mhm. The rest of the world's
going to fall apart economically. You're kind of on the
precipice of a sovereign debt collapse. That's kind of hard
to quantify. He was supposed to join us today but
was unable to. But I do a I did a
just one of the first podcasts I did with an
account called the Peruvian Bull. Fantastic smart guy, young dude,
very bright, mat a memorial life he is, you know,
stand up kid. Him and I do a two hour,
like two and a half hour deep dive into the
euro dollar system, the short dollar market, and the derivatives
that are built off of it. So with the tariffs
that the US doesn't impose anymore, right, the fucking everybody
come meet for free, the taxes that are imposed on
the working class whites, basically freezing their social status. Because
that's what income tax does. It freezes your social status. Right.
It never allows you to go from income tax to
capital gains tax. Right, you will never be able to
compound enough capital to put it to work to where
a majority of your income, if not all, your income,
is derived from the return on that capital's investment. This
is why I say I pay no income tax. The
money I used to live is the returns generated from
money I have invested. So no one is doing me
a paycheck. And when somebody gets to that point, they
become politically dangerous, right because no one can take away
their job. No one can well look at me. I'm
here talking to you people. If I worked at some corporation.
I probably wouldn't feel comfortable doing that. And they know that, right,
income tax keeps you from self actualization because the income tax,
And this is what I said, like, you're going to
double the standard of living for working class whites taxpayers,
income tax payers. What are they gonna do? Are they
gonna spend twice as much? Yeah? Probably, But they're also
going to start investing at the same time as all
of these companies are coming back on shore to all
of these markets that have been cleared out a foreign
competition just for them, And at the same time as
the consumers in those markets have twice as much money
to spend. It's gonna be fucking great for them. And
now those working class whites will have enough money to
buy a share of stock or two or three, or
buy some property. They will be able to accumulate capital,
which I've given the ability to self actualize. But how's
all this is happening? Kay? Right? Pete? You said you
were looking to buy something from from England earlier today?
Well yep, if you wait six months, right, that's going
to be half as cheap for you paying in dollars.
Like I literally have a group of friends five or
six of us that are roughly the same economic you know,
I don't want to say strata group. And we already
have our euro trip planned, right, Why does the euro
is circling the dream right before it goes all the
way down? Right, we'll say, like ten cents on the dollar,
twenty cents on the dollar, We're going to fly over
there in a friend's plane, and we're going to fill
it full of all the prize possessions those obvious not
the Europeans are going to be hawking. Yes, I know
that's not nice, but if you're an American that spent
any time in Europe, the level of resentment you receive
is intense. And you know what I'm talking about, right,
No one will be ruder to you than a European
person for the soul fact that you are an American person.
So you want to know what watching that fucking Swiss banker, right,
I have to hawk me his protect Philip, It's going
to be really really enjoyable and maybe some art too,
who knows. But as an American that is listening to this,
those dollars, as a working class white person, you're about
to have twice as much of them. So I think
you should get together with your friends and go to
Europe too, or go to Asia, or go wherever, because
your dollar is going to get stronger and stronger and
stronger and stronger against these currencies as their currency gets
weaker and weaker and weaker, because they've all been really
bad boys and they've been borrowing in dollars and that's
going to That was literally the wind beneath the wings
of globalism is the off four dollar market and the
really really really scumbaggy will call them a British financial
institutions that took the tool that we gave them to
help dig themselves out of the hole that they these
in World War one and two, and then took that,
you know, the rope that we threw them, and tried
to fasten into a noose. And warn't looking, libertarians, if
you're listening, the reason you don't have a dollar backed
by gold anymore isn't because of Richard Nixon or FDR
after you have started it. But everyone will tell me
that Nixon got us off the gold standar, but no
one can tell me why. It's just like all the
other bumper sticker slogans they have, right, Well, if either
trade crosses borders or armies will Why Nixon took us
off the gold stander, Why so your currency is going
to shoot through the rook in value in comparison two
any other currency in the world. So at the same
time as America is on shoring and pulling back from
the rest of the world, it'll be going through a
sovereign debt collapse. Now you get the additional kick in
the fucking teeth of the largest capital market pulling away
from your country. Right, so, not only are you won't
have twice as much money, but US companies are gonna
have twice as much money, and everyone's gonna have twice
as much money in America at the same time that
everything else everywhere else in the world is gonna be
worth very very very little except for commodities. And I
think this is why he's really doing it, Pete. I
didn't actually put this together right until right now. You know,
they say like, if you want to learn something, teach it.
Talking to you guys and having to order my thoughts
helps me, Like I actually think up ship that I
and see things that I don't I wouldn't have otherwise
seen if I hadn't have tried to put it all
into words for somebody else, because you know, anyways, whatever
the unlinding of this offshore dollar market, the offshore dollar market,
and the reason why it's been used by particularly Europe
for a very long time and also China and also
Us to some extent, but we don't have to, so
we don't do it as much. Right, it's a money printer, right,
they're printing dollars that are not backed by treasury is
like they're hypothecated credit dollars that are only dollars in
name only. Their counterfeit. Basically, there's dozens of podcasts like
check out my podcast with Privian Goal if you want
to learn why their counterfeit and like what these things
actually are, because it's too long for me to explain here.
But they've been using these naughty dollars to lever up
futures contracts and suppress the price of commodities for a
very long time. The only reason Europe Europeans have any
industry at all is because they have taken this these
fake dollars and levered up futures contracts to suppress the
price of the commodities while they hoovered them up. So
remember how like Janet Yellen, like remember how she like
waddled out in the beginning of the rush of the
Supreme War and was like, we're going to do an
eighty dollars barrel oil price tap to fuck put right,
And everyone's like, that's a terrible idea. Don't you dare
do that? And she's like, yeah, you're right, it's a
terrible idea. But Russia produces mears, makes a difference twenty
percent of the world's oil, right, And now Russia's in
a war and a lot of like the oil stuff
at least the trains story pipelines are on fire or
the areas that they go through are on fire, and
just lots of wars happening. And where's the rest of
the oil made? It hasn't made them the least. How's
the Middleast doing right now? It's on fire? So what
about the the ships with the oil on them? How
about those? Well a lot of those are on fire too. Okay, Well,
what's the price of oil? About seventy dollars a barrel?
What's the price of oil have been the last two
years since before the Russia Ukraine thing? E've been kicked
off about seventy dollars a barre. We if all of
the places that produce the oil are currently on fire,
why is the price not moving because it's being suppressed.
Suppressing things are really expensive, right. If I'm going to
move something up one percent, let's say it costs x
dollars of fuckery. If I'm going to suppress something one percent,
it costs three x dollars of fuckery to do, right,
So suppressing things is way more expensive, which is fine
if you have a fake money printer. But in order
for you to have a fake money printer, you need
interest rates to keep going lower and lower and lower
and lower, and that's not what's happening, So you no
longer have a fake money printer. And those derivatives are
indexed to interest rates, which means you have to pay.
So basically, what the first world will? They say? First world,
even though it's largely not the US in this particular instance,
we do a ton of fucked up shit. Don't get
me wrong. It just doesn't have to It doesn't happen
to be this per se. But they've been levering up
these fake credit dollars and using them to suppress the
price of commodities. They've been doing this for thirty years,
and the reason they do that is twofold a. It
makes their domestic industry much much cheaper to operate and
much more profitable. But that's not the real reason, or
at least it's not all of the real reason. The
main reason why they do it is because if I
keep the cost of your commodities your natural resources cheap,
and then the only thing that you're can afford to
do is keep extracting them and selling them raw to me. Right,
if I keep those commodity prices nice and low, it
is never going to be economic viable for you to
build your own manufacturing facilities there, right, So you're going
to be forced to sell your natural resources to me,
for me to turn those natural resources into finish goods,
and for me to make you buy those finished goods
back from me, because it is not economically viable for
you to develop your own manufacturing facilities and turn your
own natural resources into finish goods and sell them to me.
And I like it that way, and I need to
keep it that way. The last thing I need is
all of the Third world right trying in their hand
at making things I would much rather than say, domb
and poor. Most of that has done genetically, thanks to
the degrees of God. But in the instances that it's not,
it is very much in my interest to keep the
commodity prices nice and low, to keep them from industrializing,
to keep them in the stone age. That's very expensive
to do. But if you don't have to worry about money,
which they haven't for thirty years, you know, sixty years,
but really the last thirty dead one hand, then you
don't care. All that is unwinding. So remember about energy
prices and inflation. And this is what's really going to
send these other currencies over the edge. And I think
this is why Trump is really like if you've noticed
the last three months, there has been news headline after
news headline after news headline. Biggest liftian deposit in the
world discovered in Arkansas, biggest compor deposit discovered in Arizona,
biggest oil deposit. They're here and this deposit here right.
Dependagon has inventoried every square into this fucking country. It's
what the USGS does not a fucking big surprise, right,
we are choosing to tap into these resources. We didn't
just all of a sudden find them. We like the
ambiguity of nobody knowing exactly how much of these resources
we have, So we don't like to tell anybody how
much we have. That includes you. We don't like telling
you this is and how much we have either, because
we have open borders, and chances are you're probably a
Chinese spy anyways, who the fuck knows whatever. So these
discoveries aren't so much discoveries because when I announce their existence,
I'm basically saying, hey, there's this thing that exists, full
well knowing that some enterprising entrepreneur will come and extract
those things for me and input them into my economy.
So if you knew that not only is the world
facing a one hundred and fifty year commodity supercycle, which
it is, but you're also going to get the bonus.
When I mean bonus, I mean fucking bloody nose. Because
a large part of the developed world, the first world,
has been trying to hold a beach ball underwater. That's
what's suppressing the prices of things is eventually your arms
are going to get tired, and when you let that
beach ball go, it's going to come up with such
force it's going to smack you in the face very,
very hard. The longer you suppress it, and the further
you suppress it, the harder it's coming back, usually two
or three four. So we're going to get the initial
insane parabolic care of thirty years of price suppression unwinding,
and then we get to start the commodity Supercycleay, so
if oil, if the price of gas is extensive now, right,
because here you see you see this already, right, everybody
knows that the derivatives are unwinding, even though the price
of the actual underlying commodity hasn't moved yet, right, because
they're still barely able to keep that beach ball down.
But the market knows, right, people like me know that
eventually it's coming off, and it's coming off sooner rather
than later. And this is why you see the stock
prices of companies like Exxon, right, all the companies, all
the resource companies. Their stock is moving, but yet the
underlying price of the commodity that their business is based
on has been flat and has been flat for two,
three years, four years, thirty years, whatever. So the market
already knows where the action is going to be in
the future. And that's why the stock price is of
x moment even though oil hasn't moved an inch. Is
doing what it's doing. This is why the stocks and
their mining companies are doing what they're doing, but the
prices of the commodities that they mine hasn't moved an
inch because the smart money is figuring out that this
is about on the wrong and very rapidly. And if
you're an American, it's going to hurt for about it
a little bit. It's gonna suck. But then after that
things are going to get better than they ever have
in your lifetime and likely even in the boomers lifemarmy.
At the same time as we have a demographic fantastrophe,
which is fantastic for us. Right, everybody cries, boomers own
all the houses. I'm never going to be able to
afford a house ever or start a family ever. Well,
my dear friends, the boomers were a freak excellent all
over the world. The population of the world five x
all at once were relatively no reason. Right. You can
add the Zoomers and the gen z er sorry, the zoomers,
the millennials and the gen xers together, and the boomers
are still more than three times as large. That is
actually a hard number to find because of immigration. Right,
So you basically have to compare the Boomer generation to
the native white current population, right, because they backfill full
of fucking browns. So it makes that bit of but
those browns are never going to accumulate capital. It doesn't
matter how cheap you make the houses. The browns aren't buying.
They can't now. All their money's getting sent back overseas anyways.
So all those guys that are upset they can't afford
a home. Oh, we lose roughly nine percent of the
Boomer generation every year. Right, We're already thirty into the
Boomer generation already, thanks COVID, So that means by twenty
twenty six we're going to be inchine close to fifty
percent of the Boomer's already gone. And then it starts
really move in. So if the boomers own all the houses,
and there are five times as many of them as
there is to us, then please somebody explain what happens
when you try and sell five houses to one person. Well,
the only way that's going to happen is if every
single one of those houses becomes eighty percent less expensive.
It's a good time to have your income double when
not being text and a bunch of jobs to brown
high quality jobs. They were high quality enough for them
to save enough money by having Chinese people do them
enough to offshore them in the first place. Those are
coming back. Small businesses are going to pop up like mushrooms,
filling all these little niches that need to be filled.
We're going to enter that virtuous feedback group again. So
everyone is going to have a lot more money at
the same time as there's going to be a fire
sale in assets just because of an inter generational transfer.
You can't have fives amount of assets and only one
person to give them too. So that means the share
of everybody's ass of the assets that the sooner millennial
and generates generation rooms is going to drastically increase. Because
the reason that there was a million fucking empty vacant
homes in Detroit that are perfectly livable. By the way
crackheads like to congregate like nesting vernon, they don't want
the American dream. So each homeless crackhead doesn't want his
own house in his own backyard and his own tiresmian.
He wants to live on top of all the other crackheads,
because that's where the drugs are. So most of those
homes in Detroit are empty and you can pick them
up for six seven thousand dollars, So why are they
still empty? Because the Browns can't think far enough ahead
to save enough capital to buy a house and stop
paying one thousand dollars a month in rent. If they
could just save up ten months of rent, they'd be
set for life because the lenders have long written them off.
Now the only thing that's the foreclosures hanging on is
their back taxes. Nothing, so you don't have to worry
about a bunch of friends competing, you know, with the
soon to be discounted housing crisis. So for the young
American white guy, features looking pretty bright, even though it's
pretty bleak looking down, except for the film that we
just keep talking up when after win every win.
Speaker 1: Kay, that was a lot, Yeah, I mean it's it's
a mess. It's a message you've been you've been delivering
over and over again. So hopefully people are starting to
hear it and starting to prepare for it.
Speaker 2: Spend no money on nothing, buy no things.
Speaker 1: That's a uh, that's a pretty sustaintle I have putting.
Speaker 2: It, Okay, Like seriously, if everything is going to be
on if there's going to be a fire sale assets,
which there's going to be, that means for every dollar
like you don't even have to invest it. You don't Well,
what about inflation. Yeah, inflation will take a chunk out
of it in the short term. But if assets are
going to one or two things has to happen. My
capital has to grow in value to buy assets, or
assets have to decrease in value. What if those two
things has to happen this time? The assets are coming
to you, So every dollar you save goes much much,
much farther, even if it's just in cash, right, Like
I could park my money away and then invest it
and then hope that it grows eight times over and
then I can go buy a house, or I can
just park that money in my checking accountter saving account
and just wait and have that house become eighty percent
less expensive. The currency doesn't matter, the money doesn't matter,
the assets matter because this is only going to happen once, right,
Just reshuffling the deck only happens once. There'll probably be
another one hundred and fifty yearsh what happens again, So
like this is your fucking shot.
Speaker 1: Well, hopefully the hopefully when not dealing with a generation
of people who have grown addicted to losing.
Speaker 2: We definitely have done that right, just the level of
h Why would I want anybody in power that has
already that acts like they've lost already. And if you
act like a loser loser, shit is going to happen
to you because no one is going to give you
any opportunities because you look like you lose everything. The
more you lose, the more you should act like you win,
like this is base sick ship. Act strong when you
were weak, Act week when you were strong. And that's
the other thing we do, like fucking retards. Every time
they score a victory, we act like it's the end
of the fucking world. Right, we will talk about it
and talk about it. Have you seen the new horrible
ship that happened? This is terrible. These people hate you, right,
which means they don't deserve to see you bleed. They
don't get to see that you're hurt. They should never
see that. You should never stop smiling no matter what
they do, like a psychologically but be strategically right, if
my enemy is trying to hurt me, or my enemy
is trying to tickle me. Well, how do you not
get tickled? Well, you're try not to laugh when that,
like take a spot hits You just want them to
fucking try and hurt you. And even if that hurts you,
that place hurts you more than anything else. Why would
you want them to know that like every single thing
they do, we should laugh about every horrible thing that
they do. That they do just upset us. Oh, female
is gonna let a bunch of our people fucking die.
Oh that's okay, fine, we're not bothered by it. Whatever,
Because if it looks like they're dunking on us, then
it looks like they're winning. They look like they're in charge. Right.
Their people hate you just as much as the people
in power hate you. People that support those people hate
you just as much, if not more. So. Nothing makes
these the regime look more legitimate than dunking on you.
So you should never let them see that it hurts ever.
One they don't deserve to and two, well that's the
most valuable intelligence you can give them. Trying out in
pain whenever they really hurt you, All that does is
tell them exactly where to hit next, and next time
they'll hit harder and they'll hit more accurately and it'll
hurt way, way, way more. Like these people should should
fucking score no victories like when we like when we
did sign on the psychologial operations was the Philippines and
Macae Sog. They lost tons of guys, but the enemy
found zero corpses and zero blood when they could so
then they couldn't even calculate how many, Like are their
bullets not even being effective? Like what is happening? Are
these people invincible? Are they ghosts zombies? Right? Like we
shoot them, they go down and their corpse disappears. Like
that's psychologically destabilizing to an enemy. If the enemy thinks
that they can't hurt you so like which is which
is losers react like go on, which.
Speaker 1: Is which is interesting because you know there's a group
of people who thrive I'm telling you and pointing out
every time you hurt them, even if it's made up.
Speaker 2: Yep, And we give them that power. If you notice
they don't do that ship with blacks and BROWNSKA because
why would you?
Speaker 1: Yeah, that is that's one thing. That's Yeah, it's one
thing people don't realize they only play that card to
whites can go and the ones that quote unquote save
them from it.
Speaker 2: Yeah, Like the most valuable thing we should do is wow,
Like if you notice, like I'm I'm victor. I am
guilty of this too. I feel like at my timeline
it's all serious posts and that's one of the things
that I say. I'm just like, like every gnarly thing
I see in the timeline, I should just be posting
walls right like they fucking leave a bunch of our
people to die in North Carolina. You should be posting like, oh, like,
it doesn't bother us at all? What you thought this
would have set us?
Speaker 1: Well, what you do is what you do is you
get people together and you go there and you help them.
And that's that's the worst possible thing. That's the worst
possible thing you can do to them because it it
basically shows them up.
Speaker 2: Yes, like it should. The gnarliest thing that they do
should roll off us, Like watering ducks back shouldn't bother
us at all. They go, look, the regime is doing
something horrible. The is this news? No? I wish we would.
There is far too many materialists in our midst and
I think the people that are like Traad Tath posting
and Porthobra posting, I know why they're doing it, so
I'm not mad. I try not to go in on them.
The same thing with the Protestants, like I don't I'm
going on them because I know what they're trying to
do and I empathize with it. They're trying to they
think that if they can't, they think that they can
convince themselves to believe if I know an effects, I
know what this church father said this time, or this
papal bull says this in this date, like eventually I'll
know enough things when I'll just believe. So they're not
just trying to convince you that they know everything about
the faith. They're trying to convince themselves that they believe
in it because the more time that they invest in it,
the more they have, Like, oh, I obviously believe how
much kind of much I've invested in that, But I
think there are not enough people that actually believe.
Speaker 3: It's like the philosophy, like what is the real new
ceral question? The only real philosophical question is suicide, right, Like, okay,
if there's no gun and none of this matters, then
why haven't you killed yourself yet? And that's same, The
same thing works in the verbs. Yeah, all these guys
convince you how christ they are, how much they believe
and whatever. If I put a gun in their mouth,
they're going to be scared. But they shouldn't be because
they should be going to a better place, right, Like
they should be excited.
Speaker 2: To be markered like and then a bunch of terrible shit.
You mean, I get to literally write all that shit off,
and God gives me the private elevator approach, like I
get the white blood treatment. But jihaties are like that. Yeah,
the more terrible ship that gets done to them, the
stronger they're resolved, Like, they actually get stronger the more
you hurt them because of that. And I don't think
we're like that.
Speaker 1: Oh that's probably a good place to end it.
Speaker 2: Yeah. I don't know how to fix that last bit,
but anything else was good.
Speaker 1: All right. Well, I've had a couple of people come
in and out of this, but a lot of people
were here for the whole thing and really appreciate y'all.
I'll try to get this up on my on my
podcast feed as soon as possible, but stormy. Thank you
as always, Thank you like it.
Speaker 2: It's a deep honor that many people, just any people,
that all that I have to say of value. So
you all make me very very happy. It's something I
never would have thought of, and I just wanted you
all to know that.
Speaker 1: All Right, you take care, I have a good night,
all right. Thanks