i do think that this year there's going to be some tremendous market correction uh i think that people are start going to start coming to the conclusion uh that they have to sort of run for safety uh in this interest um now a lot of people think that the uh markets are so manipulated now by uh the central banks and the governments that they can't crash anymore that they're just going to go up well why did they why did they do such an enormous pullback in march i believe that the world's central banks


can manipulate the markets but they can't overwhelm the free market overcome the free market in the short term what they can do is create a tremendous amount of currency after a market crash get the markets to go up and when they do that they steal wealth from the poor and the middle class people that are holding on to currency and they uh boost financial assets such as the stock market making bill gates and jeff bezos uh sent to billionaires you know so they're they're stealing from


the pop rest of the population and they're bestowing that stolen wealth upon the wealthiest people on the planet so okay there's a bunch of stuff in there i want to unpack and i just want to begin by saying a lot of what you're talking about you've covered in a series of videos called a history of money i think there's hidden secrets of money the hidden secrets of money that's right that's right and these were put out like what seven years ago mike it was over a 10-year process the last one was just


about two two years ago i think okay okay and we're coming out with a couple of new episodes that are actually part of a different series the formula for prosperity okay hidden secrets of money and i found these i guess five six years ago they're excellent and you know there was like a six part series when i found them everybody should check this out and provides a lot of expansion on what you're talking about about currency versus money so they were originally made for we were going to do a


series for pbs or the history channel so this is shot in 18 countries two full-time animators dan rubock is my producer director and he edits the thing and scores it and these are done to a very very high standard they are when you're shooting in 18 countries i mean it you know these things are not cheap we've spent more than a million dollars on this 10 part series and uh it's not your average youtube stuff and then we give it away for free it's it's just good knowledge and if you want to see


the production quality start with the last one episode 10 and then go back and watch some of the others but episodes 9 and 10 to me i think that it's worth somebody making a bowl of popcorn and putting it on their big screen tv got it all right all right okay now you mentioned a couple of things there forecasting and market correction you know a lot of people that i talk to are completely aligned with this you know this occurs 20 21 20. it's hard to time these things i don't ask for


right but you know in that scenario mike would you expect a similar response this time to the crash we had in march where there's a flight to u.s dollars before cash gets redistributed to probably hard assets instead of financial assets uh there will be both because each time it's going to be less and less a flight to u.s dollars because when you talk about the u.s dollar you're usually talking about u.s treasuries sure and bonds are becoming i mean if you have a population that has that isn't as rich as it was


the previous year and our gdp contracted because of these lockdowns uh so if you have a smaller tax base the bonds become more and more suspect over the years because the bonds rely on future taxation this is part of you know we live in a modern monetary system that is a um it's it's a feudal type of system there we are serfs because we have to work to replace stolen purchasing power uh that they do through taxation to pay the principal and the interest on i mean we're paying off in the u.s


we've got a 30-year bonds so we're paying off the prosperity that we enjoyed under the first george bush you know back in the 90s we just finished paying off the ronald reagan era so [Music] yeah there is a market crash coming but each time there is a flight to safety you're going to see a higher percentage go toward gold silver and cryptos and a smaller percentage going toward uh bonds because bonds uh in a shrinking gdp and you know the big brokerage firms can figure this out it takes them a little


longer i mean i'm surprised that it took them uh this long to start identifying cryptocurrencies and stuff is you know we're starting to see um uh big firms that uh are normally investing in only traditional financial assets starting to go into cryptocurrency we're starting to see a big pension funds announced that they're going to be purchasing gold and this is just something that is a transition and these guys are late but they're still they can still make the party uh they're just not early for the party


uh you and i were early for this party which is great i mean gold has been gold and silver have been the uh number one perform you know behind cryptocurrencies bitcoin and such yeah um uh they've been the number one performing asset of this century uh and people still think it's a lunatic fringe thing right