 coming at last. We don't tell we get confirmation and there we are, nice. Good morning, good morning everyone. This is Chichou and welcome to another live stream. Today, today is February 16th, 2021. And we're doing a live stream that's related to investing in personal finance that's linked up with ASMR mathematics. And a fair bit of other things that we've been talking about. I've titled this thing, investing in personal finance, general discussion of fiscal and monetary policy in relation to the state of the economy. But it's more than that, okay? It's gonna be more than that because we're not really gonna focus too much on, we're just gonna brush over fiscal policy, what it means with discretionary spending and mandatory spending and stuff like this. The actual description of this live stream I've written as, and I'm probably gonna change the title, see where the discussion takes us, how and everything unfolds because I have a whole bunch of graphs and charts that I wanna show you guys, some data, and sort of flow of information in a sense where I wanna take you somewhere which is gonna directly link up to domestic and foreign policy of nations, specifically the United States, but this is what the description of this live stream is. One of the main aspects of personal finance that everyone must grasp before they can become financially independent is how fiscal and monetary policy of nations will affect their personal investment decisions. In this live stream, let's take a look at some data and discuss energy consumption per capita, money supply, M1, fiscal policy versus monetary, or fiscal policy, monetary policy versus discretion, fiscal policy versus monetary policy, Wall Street and stocks, and the petrodollar in relation to the state of the economy as well as current events. Okay, that's a mouthful because the data is gonna take us from one place and we're gonna end up somewhere else and it's all linked up, okay. Aside from that, while we wait for people to roll in and people have already rolled in, I wasn't checking chat because I was reading chaotic reading of that description on Saturday, so how are you doing? Hey, Chico, hope you're having a great day but I'm looking forward to this. Yeah, me too. I've been working on a computer fair bit game, putting the tables together for the investing and comic books that we're gonna do on Thursday. There's a lot of tables I'm gonna dump in the next couple of days. I don't know if I'll get a chance to do more today but tomorrow's gonna be dedicated to putting all the tables together so we're ready for Thursday and of course we're gonna do current events tomorrow. So it should be fun. I'm gonna take you on a whirlwind today. Okay, sleepy waves, how are you doing? First one here, nice, nice. Water exile, hey, Chico, how are you doing? Maldras, dude, hello, hello. I'm like, are you sure you're laughing at my shirt? It's an exclusive. Family member made this, the design. His name is Esteban. Soul UK, hey dude. Averaging up my selling position on Nasdaq. Looking forward to hearing your thoughts. Averaging on the way up, on the... We're gonna take a look at it, by the way. We're gonna take a look at the stock market and just so everybody has a really... We're not looking at the micro in this live stream. We're gonna talk a little bit of mathematics, right? We're gonna look at the growth rate and return on investment, rate of return. What ever way you wanna define it, what we talked about yesterday. We're gonna do a couple of calculations on here but I'm gonna take you on a description. We're gonna do some pointers and stuff like this. X, how are you doing? Hope life is treating you well. What's Nasdaq? Nasdaq is basically sort of the platforms like the... What do you call it? The New York Stock Exchange or any other exchanges. An exchange where it's mainly focused on growth companies to a certain degree but those that are in the tech sector, okay? Are we taking a look at the stock market today? We are sleepy waves, very general, not specific stocks but in general relation to monetary policy, in general relation to M1, to Bitcoin. I got a whole bunch of charts and graphs I wanna show you, okay? So when we start talking about the petrodollar and the state of the economy, these graphs, these visuals will be a part of the linkage. Okay, mean engine press, how are you doing? Looking forward to this. I've been hesitating to invest but I'm really thinking about starting JAR, JAR. It depends what you're thinking about investing in. The charts today should help you see what's going on. Water Exile, rest in peace to the one guy who invested in Blockbuster during the game stocks. Oh, funny. And the person who made money off that deal, right? For every trade, there's a buyer and a seller, right? If one disappears, then if sellers disappear, skyrocket. If buyers disappear, crash, right? It's a fine balance between the two, right? A stable market, okay? Market at 100 tech companies. Market at 100 tech companies. Seoul, UK, that's the NASDAQ, right? So it's tech, it's high growth. Tech is really in general related to high growth, right? Let's look at ROI as an example. It's number are very interesting right now. Yeah, yeah. Tilray, did you buy in when I recommended? When it was at $253? By the way, it's a cannabis industry. I recommend the cannabis stocks before the huge spike up and everything, like six months ago or so, six, three months ago. Cheryl, how are you doing? And Tilray was one of the ones I recommended. Sleepy waves, I think it was you that kept on pushing. Which ones, which ones? I said, okay, look, man, I'll give you a couple of names and I dropped this one. And at the time, I think it was trading around $253, 350. It shot up to 67 two days ago, two, three days ago, right? Now it's sitting around $30. Seoul, UK, big fan of Buffett, Harry Dent, and Jeremy Grantham. If you're thinking about investing now, maybe be careful. If everyone else is talking about it, indeed, yeah. Shout out to DFV, DFV, I'm not sure what DFV is. DFV. So gang, oh, I didn't give you guys my intro. I gotta give you guys my speedy on Zalas intro, man. I'm not sure if notifications have gone out, but while we wait, we're about eight minutes in. Sleepy waves, Cheecho, did you tell me till why? And I was the one who pushed and no, I didn't buy like an idiot. Saw the spike up last week, but I don't understand why all the cannabis stocks got traction, to be honest. Look, it's a disruptive innovation, new industry coming on to play. It's very much behaving in the same way as the internet stocks, tech stocks did in the late 1990s, early 2000s, because people really didn't see the potential growth in it until 10 years, 15 years later, right? So it's a new thing, and it's gonna grow. How fast regulation is coming in? Are the stocks worth it? You have to look at each individual one. DFV was the guy who let the GME, oh, a stock buying and testified to Congress. Oh, really, he already testified, wow, wow, wow. Wow, wow, wow. I didn't realize he already testified. They already brought him in, damn. Too bad they didn't look this deeply into all the put positions in different times, right? Or call positions that big money does. Maybe even a year ago, some congressmen made, sold all their shares before certain events took place, right? Have they had a congressional hearing on that? Yeah, I doubt it. Gang, I am on Patreon. Patreon.com forward slash chichou, C-H-Y-C-H-O. If you wanna follow this work, if you wanna know what this work is about, which is basically layered on mathematics, Patreon is a great way to do so. I don't put anything beyond Paywalls. Everything's created a common share and share, like for those of you who've been supporting this work on Patreon. Gang, thank you for the support. It is in large part because of your support that we're able to do this. I can do the calculus and see where things are going and roll out things as fast as we can. Okay, we are live streaming on Twitch.tv forward slash chichou live, C-H-Y-C-H-O-L-I-V-E. If you wanna participate in the chat that pops up here, Twitch is where you wanna be at. And gang, those of you who are supporting this work through Twitch, participating in these live streams, subbing, following, using bits, using points, participating in the discussion and the mods, thank you for the support. It is also in large part because of your support that we're able to do this. Okay. I do announce these last streams, 30 minutes before we go live on Parler's backup, Parler, Mines, L-O-V-K, Gab and Twitter. And we do have a Discord page where people are sharing a lot of information and you can go to our Twitch channel anytime you want, type in exclamation mark social and all the links for the social networks will pop up or the announcement size and with a link at the bottom to the Discord server that we have where you can share information. Nice shirt design, definitely. Thanks, friends. I have a video up with this graffiti on walls with some dude skateboarding. That's the family member that came up with the thing. Great content here. Greetings for nice, nice. Malron Carceras. Is that Columbia? Columbia or Ecuador flag? Marlon. If I remember correctly. He's really small. The color scheme is South American, I believe. Ecuador, nice, nice. I was just, bro, sleeping voice. Ecuador, awesome, awesome. Thank you, thank you. I should know. Columbia has the same colors, no? Columbia, Columbia's the same colors, but doesn't have that emblem in the middle, right? Marlon, like the artist. Ah, okay, not from Columbia. So I know the difference. Same colors, but different flag, different flag. Does the Colombian one have a flag in the middle too? Can't remember if it does or not. Venezuela also got the same, Venezuela's also got the same colors, Dolphin, Chicho. How's it going, bro? Going good, man, going good. No emblem for Columbia flag, no emblem for Columbia flag, cool, cool, cool. Doing well, look, processing, lots of data, loving it, loving it, loving it, just like a math junkie, right? For live streams where we don't have any visuals, the audios will be uploaded to soundcloud.com forward slash chicho as a podcast and those podcasts will be available on, or are available on iTunes and Spotify. And we will be uploading this live stream to Sensor2, Pitchute, and Rumble. It will go on Sensor2 because we're gonna stay away from politics, we're just talking about mathematics, data, charts, and all this jazz. So I'm gonna not talk about politics specifically. We're gonna hit it up at the end, we can't help it. It's monetary policy, it's very important. But we're not gonna hit anything specific. So we should be safe on Sensor2. But Pitchute and Rumble, everything goes on there. And honestly, if we have enough points, we'll load it up there as well. Chicho, aside from cannabis and Bitcoin or hype, what else industry are being disruptive in your opinion? There's disruptive technology kicking in right now. Platforms, more. So just a quick, because I don't wanna really go into specific, feel like the Bitcoin ship long sailed anyway. Bitcoin has more leg, but it's not gonna be giving the multiple returns that you would have had if you bought less than a dollar or less than 50 or less than a hundred. The multiple is not there, right? It's 50 grand, right? If it has the same multiple as what it had, it would have to go to 500,000. If you bought it a year ago, it was a 5,000, right? So is it gonna go to 500,000 in a year? I doubt it very much, okay? So the multiple is not there. But in regards to disruptive innovation, what's going on right now? A lot of different platforms are popping up to prevent censorship, right? So all those platforms that have been censoring up the yin-yang, there's a slow exodus brewing, right? So their revenue stream will most likely decrease. So it's not a play on the up, it's a play on the down, right? There's decentralization taking place. So all those platforms that had a monopoly centralized power over information and communication, they might have a hiccup or two. So this is more of a down play than an up play, right? Tilray, Bitcoin, cryptos and stuff were the up, right? Markets go both ways, up and down. Know which one you wanna ride and do so, okay? A break from our current topic, Chichou, I really appreciate the new mental health tab on the Discord. Oh, my pleasure, Water Exile. It was through recommendation. I'm not sure if it was from you or someone else. Here in the UK, we are still under heavy lockdown. I lost a family member last year. Oh, it is very good to have places to discuss resources with us. Man, our pleasure. So I'm sorry to hear about your loss. Difficult, difficult. Oh, let me take these guys down. Okay. I'm gonna get caught up with the chat and then we're gonna start this shinging, okay? Just joined the Discord. Awesome, welcome, welcome. Cheryl sends us some hearts. I'm gonna skip anything that's not directed towards me. How do you play on the down for falling tech companies like? I personally used to do puts. I don't short. I don't do naked shorts or short stocks. Covered shorts, you have to have a position in the company. And if I wanna short something, I'm not gonna have a position in the company. That's the way I play it. I do puts, high risk. Sorry, not sure I understand. Da, da, da, da, da, excellent. Welcome to the group. Welcome to the group, as Cheryl says. Press. Thank you, Cheryl. Lark Bark, how are you doing? H-H-O, good morning, good morning, good morning. Gang, should we do this? Let's talk about this. Okay, let me tell you where I'm coming from for this. I was in a sort of a session with a student and my students asked me about mathematics, how you can use mathematics in the real world. It's a question that I've had come at me a gazillion times. That's why if you do a search, if you go to our website, mathandrealife.com, it'll go to my website, right? I set that up like 15 years ago, 15, 16 years ago where people were asking me, my students kept on going, where am I gonna use this in the real world? Where am I gonna use this? Where am I gonna use math and real life? And I just went, man, you guys gotta be kidding me, right? It's like, when are you gonna use reading in the real world? It's like, what are you talking about, right? So I set up a website called mathandrealife.com and the language of mathematics.com. Those will go to my sites that I've reserved, that I've had content there for a while. I'm gonna create a math and real life for a while, but we will roll down into play, right? So how does student ask me, you know, where are we gonna use math and real world, right? Graphs, you have graphs specifically, but just math and real world and there's certain things that I was teaching him, right? So I decided to go off on a rant. So what I've done, I've brought in some graphs, some charts, and I'm gonna follow the same rant I did, right? This is after the fact I wrote this up just to make sure we follow the same pattern, right? I'm gonna expand a little bit on some topics because I didn't go too deep with him in things. I just wanted to give him a general overview because he's interested in politics, economics, and just society in general. So I wanted to plant a seed for him so he can make the connection from one level to the next level and I'm including a little bit more for you guys. Okay. So what you show, for those of us new here, can you explain what puts are? Asleepive ways will have to do that on a different time. I wanna make sure we go through this data. You can ask us on our Discord page and I'll definitely let you know what puts are and stuff like this. And we can definitely talk about it during a personal finance. We're talking about the stock market. We'll go through it. I do have plans to go through that, by the way. We will, but time permitting, right? I need to take care of a lot of things and I wanna make sure we're moving in a way where everybody's on board as to what's going on, right? I want people to use this information to become antifraja. I don't want people to be centralized. I don't want people to be dependent on the system that is so destructive to our society because if they're dependent on the system, then they'll put their energy, their resources, their effort, their lives towards maintaining the system. And I think that's one of the problems of their society is because there are so many people invested in the system that they have no way out so they're working for the system. And the system is a perpetual loop that is basically destroying us, right? So keep this in mind. Now, I'm gonna pop up some charts here. Take a look at this. This is one of the graphs that really triggered this discussion that I thought we'd start talking about this stuff, right? Now, this guy Blair Fix is... He's coming out of the discipline of Jonathan Nitzan with, under his studies, one of his students that I believe he's finished his PhD or a master's or whatever it is, but he's doing a lot of work in processing data. And if you wanna look at some data, it's not a bad idea to follow his Twitter feed. He presents some nice data and it's fun to look at, right? And we put out a couple of videos on Jonathan Nitzan. Jonathan Nitzan's differential accumulation where I had a minor correspondence with on my sentiment video that we did. And he replied correcting a couple of things I was talking about just using the right terminology. And I talk about it in this video if you wanna know where this person's tweets are coming from, this data is coming from, right? And I highly recommend following Jonathan Nitzan if you're into economics, looking at what he's presenting, okay? And specifically under the umbrella of capital as power, it's sort of a terminology vocabulary that has entered my psyche that I've been using a lot, which is very much a beautiful descriptive phrase about how our society functions right now, okay? Now, as for this graph, what you're seeing here is the rise and fall of the British Empire has written in relative energy consumption per capita, which is fantastic, right? Now, this graph, you can see the time, the years are at the bottom and then what does that say? Relative energy per capita, relative energy use per capita and it's pretty intuitive, right? If you're alive, you're a functioning human being, we've just started. This is the first graph we're presenting, by the way, Mahmoud. So I think you'll appreciate this. And Mahmoud, this links up to, in the end, I hope you can stick around for the two hours, this links up to oil, petrodollar, Iran, foreign policy, okay? Now, this is energy consumption per capita and it's very much sort of a life cycle, right? You can see for us, human beings as well, we consume a lot of energy, a lot of energy, we have a peak and then we die off and boop, off we go, right? Empires, any entity really follows the same model, right? And this is UK empire, follow, what is it? UK energy per, use per capita relative to world average, right? So as the world expanded, populations grew and the British Empire collapsed, their energy consumption came down. Pretty intuitive. Oh, my God, I'm glad you're catching this one. You got this one? UK empire, right? Energy consumption per capita in UK empire relative to, it's time span, really. And the peak, you know, it's got little markers there and stuff like this. And in the description of this video, I'll probably have links to all, not all, but most of the images, tweets, graphs, websites that we're going to be referencing information for. Okay, 18, 20, I guess. Yeah, around there, 1900, which was, would have been it, right? Now, keep this in mind and here's another one. This is US energy consumption per capita. Okay, so the title for this is the rise and fall of the American empire as written in relative energy consumption per person. Now I can't say US empire has collapsed completely and it's pretty much on the downturn. There's no doubt about it, right? Industrial revolution, sure. Gina, how are you doing? So you can see here that the US has a double top. This is something that occurs in the stock market as well, right? Sometimes stocks do double tops, right? So all these graphs sort of relate to the stock market as well, which is pretty cool. And keep in mind, these both these graphs, right? Keep, remember we're the one value US. One is, which is right here, oops, right here. One is here right now. One represents the world average from one understand this graph. I didn't dig down too deep, but it's more an intuitive field for this, right? And then the US, the one is further down, right? So the US is much higher than the UK, right? Even though it peaked at, what is that? Seven, seven times relative to the world. Now it's down to around four times relative to the world, right? If there are Chinese graph, haha, water exile. The next one is China, indeed. We're talking about global politics, global economy and stuff. We must include China because that is the rival, right? This year, Iran's stock market was like this. Up, up, up, up, up, down. What is the definition of unit energy per use? It's an average, right? I believe what they did for this is took energy consumption globally, took that as the average, and then went to each region and calculated that per capita, right? And whatever that was would be the multiple that you see on the y-axis. I believe that's the way they did it. That's the way I would have done it, right? Now if you take a look at this, this is the graph of China's energy consumption per capita. 1975 year or something, and then it's just going through the roof, right? Remember Nixon going to China in the 1970s, I believe, right? Early 1970s, late 1970s, was it? Mid-19th, not late, but mid-early 1970s, late 1960s, when did Nixon go to China, right? All of a sudden you see this energy consumption go through the roof, right? Keep in mind, the one is up here, right? So that's one for China. So China is now, energy consumption per capita is more than the world average, but keep in mind that the U.S. is still much more than the U.S. world average. U.S. is four times the world average, and this is, you know, it's taking everything to consideration, right? And China is going to either or not. Also notice where the one is, yeah, Seoul, UK. Thank you very much for pointing that out, all right? Very important. However, the Chinese graph is going like this. To turn that around, it's not gonna flip down, right? So China is going like this, U.S. is like this. Where they meet is very crucial, right? Where they meet is very crucial. Cheryl, 1972, Nixon went to China, and that's gonna come into play in another graph that we're gonna talk about, okay? So this is important to keep in mind, depending on where you live in the world, right? Here's another graph from the same person, okay? This graph only goes to, yeah, I know. Seoul, UK, we're not going all the way to 2021. Some of the graphs are gonna go all the way to 2020. Some of the data I'm gonna present, you know, go 10 years ago, because we're looking at the trend. We're not looking at specific time points, okay? So it's just the data available to me, right? The U.S. graph goes to 2020, okay. So here's the U.S. graph. Let's do, show that again. So U.S. graph is here. So if that was 2005, is it 2020? Oh, ignore me. Okay, I thought I was wrong. So check this out. Here is another graph, which I thought was useful, okay? This is related to the stock market. Now keep this next graph in mind when we pop up some graph in the stock market, right? Because we're gonna hit something else before the stock market. But here is another graph that Blair presented. If you want to understand the stock market, Bechler and Nitzan, and that Jonathan Nitzan, and Bechler is the other person who works with Jonathan Nitzan in differential accumulation, Capitalist Power website that they have, where they present a lot of information. It's, if you want to follow economics and world events, current events, I highly recommend subscribing to that information. They are economists, they are presenting data that you will not find in any other mainstream or even most of the alternative economic mindsets that you're gonna look at, right? So the description of this graph is this. If you want to understand the stock market, Bechler and Nitzan's power index is a good starting point. It's the ratio of the S&P 500 to the average US wage. The movement of the power index is revealing and scary. We are currently in uncharted waters. Indeed, indeed, indeed. And you can get a lot of information from this graph or certain types of information from this graph. I definitely knew I wasn't. Water gets gathered. Buffet index coming, no Buffet index. I'm not a fan of Warren Buffet. So his is the legacy system. His is the system of co-opting government and passing regulations in large part, right? So I'm more of a fan of decentralized. Buffet is more a fan of centralized power, right? But take a look at this thing. This is power index one. Basically, the power index is equal to the S&P 500 price divided by average US wage. So what this is saying is that the stock market is the highest it's ever been relative to US wages. So it's basically the US stock market is out of reach of the general citizens of the United States, right? That are living on wages. So there's a couple of ways you can take a look at this or interpret it, or more than a couple of ways you can interpret this. One of the ways you can interpret this is, this is a bubble, right? Another way you can interpret this is, this is inflation, right? Those are two ways you can look at this, right? Branching off from that corruption, money laundering, theft, trickle up economics, multiple things can relate to that, right? 21st century February, inflation, bubble and M2, so I like the way you think. We're gonna look at the M. We're gonna look at the M1. We're not looking at the M2. We're gonna look at M1, but that's coming up. But before we get into that stuff, so keep this graph in mind as well. I'm gonna pop these guys down, because right now we're gonna mainly focus on the United States because the United States is a driving mechanism of the world economy based on energy consumption if you wanna think about it, right? Energy consumption four times the world average, right? Important, important. How do you, how do people from low social economic backgrounds learn to tap into these bubbles? Or is it completely, it's water exile, it's not completely impossible, it's about education, it's about understanding the market. It's about mathematics, right? You people need to learn mathematics to be able to take advantage and understand how systems work and decide where they want to be, right? Came out waters, hi, nice to meet you, nice to meet you as well, welcome to our live stream. Now, since we're talking about the United States right now, okay, because we're gonna focus on this a little bit because it's connected up with a whole bunch of other things, I'm in Canada, whatever happens in the United States affects me greatly, hence I'm focused on the United States, right? Here is, now this is from 2013 gang, okay? On our Discord page, I linked up a video sort of running through US budget, okay? What the United States is gonna be spending, and I believe it started from 1960s or 1950s, and it's a video of this sort of pie chart going through where the mandatory spending is and discretionary spending is and how much the military spending is. I think it was more of the discretionary spending chart, where it showed the military spending coming down and going up, right? And I'm gonna show you those guys as well, right? Kimmy Warris, I really regret that my country does not have a STEM education system implemented, not in my time, and it's everybody's responsibility to educate yourselves, really gang. The centralized education, we have a STEM rollout in Canada and the United States does, but the education system's horrendous, completely garbage, right? So it's up to each individual to make sure you're educating yourself. If you're depending on the centralized power to educate you, they are not going to educate you. Okay, so UK, Canadian Central Bank talked about choosing a time and a place to consider blockchain currencies last week. Yes, so they're trying to eliminate cash in Canada and in most of the Western world. If they eliminate cash in our countries, we're basically serfs, we're slaves. We have no privacy, no anonymity, we're done for, right? So, and I wouldn't, has no point of blockchain technology is to decentralize currency, is to decentralize information. When governments are coming in and saying they wanna use blockchain technology to roll out the new currencies or what not, well, that's totally centralizing it, that goes against, it's like saying war is peace, right? It's total opposite, laugh out loud, Boney, how are you doing, how the God? Going to throw in some politics, a certain cinema chain, once COVID password for entry government responds, whatever you want to do, crazy. I feel like I had the free choice to burn me in the work market. I really do my best to educate. Yeah, you have to. I had to re-educate myself many times over, okay? Many times over. So this pie chart that we're looking at, right? Mandatory spending is in the dark blue, which is what the United States has to spend money on, right? And that's like, we're gonna look at the chart here. Let me show you what mandatory, here's the breakup of it, right? So this is basically a president proposed total spending for 2013, and this is discretionary spending and interest on debt, right? So the mandatory spending is Medicare and Social Security, mainly, right? That you see in the bottom pie chart with the dark blue and the yellow. And then the discretionary spending is military interest, food, agriculture, stuff like this, right? So what you're seeing here, and this is 2013, it pretty much follows the same pattern except for one thing. I wanna show you this graph right now. So keep this in mind. Actually, before we show this graph, let me show you a couple of other pie charts. So important to remember, right? What the United States spends money on, bigger chunk goes towards mandatory spending and a smaller chunk goes towards what they can decide to spend on. And then there's a certain chunk there that goes towards interest and the interest is, right now interest rates are zero, right? Once interest rates start going up, oh my, oh my, oh my. Let me take these two guys down and let me pop up these two guys. This is the breakdown of the discretionary spending and the mandatory spending for 2013. You guys can take a look at this, but the main thing you wanna take a look at is, well, the mandatory spending, huge chunk of it goes to social security and Medicare, right? The rest of it broken down between food and agronomy, that stuff, the discretionary spending is what they can make a decision on to spend on basically. More than 50% is going to military and then you got education there, government, housing, all that jazz, right? So more of it goes to military. I'm just gonna get caught up with chat. I wanna keep this graph up there for a second. Okay, at least you pie charts. Larkberg, yeah, I'm very disappointed in our US education. We're supposed to be the richest and the most powerful country, yet the US can't provide something simple as food, education, health, shelter, and the environment. Thank you, yeah, Larkberg, crazy. Thank you for existing. I'm adoring you and the content you're providing. Congrats for my pleasure and thank you for being here. Saul, compared to the rest of the world, clearly is doing really well. So what do you compare to? What do you compare to, right? I think the only comparison that you can really do is gotta be relativistic and you gotta compare to yourself as well. Laugh Out La Tony, redeeming points, thousand, thousand, thousand, thousand, 4,500, awesome, oh my God, stop that. Laugh Out La Tony, at some point we're gonna do auctions and give stuff away, right? You can bid on that pie chart that will need to be bigger for Biden, ha ha. Now take a look at this. Remember this, discretionary spending and mandatory spending. And I'm gonna pop out this chart again, this pie chart. Mandatory spending, discretionary spending, right? And here's a graph. What's happened is mandatory spending, there's a deviation for, until mid-1980s, right? Mid-1980s, discretionary spending and mandatory spending, they're pretty much shattering each other. In the mid-1980s, when certain political mindsets took place in the United States, you're seeing a deviation, right? Ch-ch-ch-ch-ch, let me come up here so you see, ch-ch-ch-ch. And that's continuing. And right now at the end, oh, mandatory spending is going like this, discretionary spending is going like this, right? So there's a huge break here. So what you're seeing and what this means in the above pie chart is mandatory spending is gonna take a bigger chunk of the US spending, right? Important, important, important. Let's take this down. Let's take both of these guys down. Now, what is spending? Well, you need the money to spend, right? Where do you get the money? When the United States gets this money through taxing, do they tax corporations anymore? Right, but basically payroll tax and personal tax and this food sales, oil tax, they get all their money from there, right? But somewhere they generate the money, right? I thought I have to redeem them to use it in auction. You do, but you haven't, when you bid on something, then we ask you to redeem the points and then I supply them. What just happened to my point? I go into never, never, never, never, but what I can do to Lafalo, Tony, I'm gonna remind me on Discord, I'll reimburse you these redeem points. I'll reject them. When I reject them, they come back to you and then during the auction, you can use them up. You'll reserve them. Can I have them at least in Lafalo, Tony? Just remind me in Discord. Remind me in Discord to do this, okay? Remind me in Discord to do this, okay? Hold your points, gang. At some point, we're gonna do auction and give things away again, okay? I'm thinking about doing multiple versions of these things. Now, money supply, okay? The Federal Reserve of the United States, which isn't really of the United States as a private organization in collaboration with government with centralized banks, right? Federal Reserve banks getting together, deciding on the money monetary policy, right? How much money they're gonna make available and whatnot. Here's the M1 data. We're gonna do a little mathematics on this after we finish these graphs because I wanna pop these up. I just wanna make sure we're not going over time. Okay, cool. This is M1 data. M1 data, let me read you the description, just one paragraph. Well, thank you, my pleasure Lafalo. Make sure you remind me, please. I need some money this time, all the guys says. This is so suspicious. Check this out. What is M1 data? Here's just one paragraph that I'm quoting from an article that I wrote many, many moons ago. Okay, I wrote this like many, many moons ago. I'm gonna link it up in the description of this video. This is from archive.org, my previous website. And if you go to, and the title of this article was 11 of the most important economic events of the last 11 years collapsing the economy in the middle of the World War III. And if you go to point number five, it says year 2006, discontinuous of M3. And M3 is big money that the Federal Reserve was making available and they had to, how are you doing? They had to announce how much money they're making available, but they discontinued the M3. So we knew something was up. And we're gonna look at graphs that are gonna explain to us what was up, right? But here's a little quote from another article that I took, which explains what M1, M2 and M3 are. M1 is the most volatile, equivalent to cash on the loose. M2 is less volatile, equivalent to savings accounts deposits. M3 is least volatile, equivalent to rich folks money, which they park, right? So M1 is how much money was made available by the Federal Reserve. This graph that you see here, this is how much money was available by the Federal Reserve since this, I believe, goes all the way back to 1970s, right? 1970s, okay. See the graph is, I'm gonna point through this. This graph is going up, going up, going up, going up, going pretty nice. You know, it's got a nice incline like this, I guess. And then in 1990s, it flattens, okay, it flattens. In 2000, there was issues. 2000 is over here, right? And the 2000 and bubble were over here and they increased the money supply. So you see the graph kick up a little bit, the slope. And then in the 2008 collapse, the scam, right? The money theft, money laundering over here. They pumped, right? They released a few trillions of dollars into the markets made available. And basically what happened was, when if you're part of the group, if you have hookups to the people who are releasing this money, they called it QE. Yeah, yeah, QE was supposed to be paid back. Turns out they, hey, let's keep printing cash, let's keep printing cash. And a lot of us talked about this. Back then I was writing a lot of articles, saying, look, man, this is disaster, right? And I even wrote an article back then in mid-2000s, 2007, 2008, 2006, saying that food prices are about to double in the next seven years, right? And pretty much in the next seven years, seven, eight, nine years, food prices double. People are like, what are you talking about, Chico? Well, money supply just went through the roof, man, right? And what really happened was, trillions of dollars were given to Wall Street and people who were hooked up. And Joe below me and you lost our homes, lost our jobs and the middle class got knocked off a little bit, right? So there's less middle class, there was less middle class in, let's say, 2015, then there were in 2007, right? The middle class got knocked off. They got trend by around, some of the estimates I was reading anywhere between 15 to 20% of the middle class went down to the lower class, right? And one of the reasons was because of the money supply. The money supply went trillions of dollars would put into the market. Citibank became part of the Obama administration. They bought back stocks, they bought back property, inflation went through the roof. They don't call it inflation, but that's what it was, inflation, right? Because the money supply went through the roof, right? Now, before we get on to the next peak, let me just catch up with this thing. Mixy Chicho, this is really awesome. I'm glad you're enjoying it. QE is just counterfeiting money. Bad money drives out good. And the stuff related to QE is insane, right? We can't get into it in this stream. Maybe we'll get into it in another stream, right? Just know that money supply went through the roof. Now, this was going through the roof. Whoa, look at that steep curve. See that incline there at the end? See that thing there? That's how much money was made available in the last year, right? Let's zoom into this thing. Here's the 10-year chart of the same thing, right? Now, the 10-year chart starts off when 2021, 2011. So we're already in the over here. Let me take this down so I wish I had a pointer on this thing. So we're already over here, right? During this steep curve. Now, this steep curve is pretty steep relative to the curves before that, right? But if you zoom in, right? It doesn't look that bad. But holy crap, look at the last year. That's like this. It's like going like this and then poof, right? Got that? Let's zoom in a little bit more. Here's a five-year version of it. That's a five-year version. Oh, snap, right? What's going on? What's going on? Here's the one-year version. One-year version doesn't look that bad, right? Because this is related to something that we talked about in personal finance playlist that we had, right? Where I mentioned, I put out a video saying specifically, time matters. Everything's a fractal. It's all relativistic, right? And if you go to our personal finance video, a playlist, you'll find that video. I don't have it linked up right now, unfortunately. So I can't give it to you right now. But basically, it's talking about if you're in a market, right? Whatever market you may be in, over an extended period of time, you might see the graph, like the talk graph. Holy, come on, ladies, look at that movement. But if you bought in, you entered the market here, keep here, right? It doesn't look that bad. So it's really relativistic. How long you've been in the market, what market you're trying to enter in, and what's going on with that market, okay? Keep this in mind. Keep this in mind because we're about to look at the stock market. Okay, yeah, that's what's pumping the, yeah, yeah, we're gonna get into that. So awesome. Real MC Mike, how are you doing? That's why people got to learn cryptocurrencies other than Bitcoin so that you can protect your money, go into zero from the hyper-influential to come, start looking into Bitcoin Cash, Monero, Ripple, et cetera, Bitcoin is somewhat comprised already by Wall Street, also see, indeed. There's no doubt that Bitcoin is very centralized. And by the way, gang, you don't necessarily have to be in cryptos. You can be in any other assets that you wanna be, right? As we're gonna talk about on Thursday, I have decided to be in the collectibles market. The collectibles market has seen tremendous growth over the last 20 years. Okay, tremendous growth over the last 20 years because of inflation, really, because this is inflation. This is money supply, turn on the tap, right? And we're gonna do a little bit of numbers here. Crunch these numbers. Let me take these guys down. Now, and by the way, the peak that you see here, way at the end there, 40% of the total money supply, M1, categorized as an M1, was created in the last year. Since the inception, 40% was created in the last year. What the, should we do a little mathematics? Let's do a little mathematics on this here. Let's do a little mathematics on this. Keep that graph in mind, right? Here's the graph. Might as well, because this is important. This is the graph, right? Here's, let's say 1970. Here's, let's put on our markers, right? 1970, here's 70, 80, 90, 2000, 2010, 2020. So 1980, 1990, 2000, 2010, 2020. Okay. My curiosity, Kimura says, Chichuo, how do you feel regarding minimum wage? I mean, I believe it locks the current country's growth on the same stage, even if they, each year raise one or almost three. Minimum wage is, we can talk about it because they're increasingly involved with that, right? As you saw the stock market S&P, this graph here, where is it? Was it this one? No, not this one. Oh, here we go. This one. As you see here, relative to U.S. minimum wage, the S&P is on precedented levels. That means it's out of reach, right? So with monetary policy being this and one, right? With monetary policy being that, floodgates being opened up by the Federal Reserve, just flooding the markets with money, that money is not making it to the citizenry, right? It's not making it to the general jewel below, to a main street, it's making it to Wall Street because those trillions of dollars, and this is trillions upon trillions of dollars that it just released, opened up the gate, and what that's done is gone into the stock market, huge chunk of it, right? The S&P price going through the roof, and this started with Obama in 2008, right? And right now in the last year, it's gone into overdrive. That money's gone to the S&P, so what you're seeing is, people's wages haven't gone up, but the market's gone up because the money being made available is going to buy stocks and property and collectibles and other things, right? No, I didn't say that there's no educated, okay, the graph makes me feel, oh my God. Will precious metals save me? Will protect you? I wouldn't say save you. Will decrease the hit, right? Now, take a look at this graph. I'm just gonna recreate it here, right? So up to 19, 1980s, 1990. Okay, so we got this guy. Let me just do a general, right? So around here and around, so basically a graph goes like this and then it went like this for a while in the 1990s, right? And then in 2000, it got a little boost. And then in 2008, it got a little boost, right? And then in 2020, it went here, right? That's basically a graph that we saw, right? If you want, here you go. Let's pop that in again, right? Now, this number here is four trillion. This number here is seven trillion. This is just in the last year, one year, okay? One year, seven T, four T. So return on investment, inflation, rate of return. Let's do the calculation. We talked about this, right? Present value, value minus previous value, value divided by previous value. And you can rename these anything you want depending on whatever it is you're looking for. This basically means present value, seven trillion, seven T, we'll just put seven. Minus four, we're gonna compare it to this point here. We're not even going back to 2000. We're comparing it to here, okay? Divided by previous four. This becomes three over four, which is equal to 0.75, which is equal to 75%, right? So 75% of relative to the four trillion that was available, 75% more funds, more money, liquidity was entered into the markets, right? So relative to where we were, which is four trillion, right? 75% was added of the four trillion was added into the markets, okay, in the last year. Here's another way you can look at it. You can go, compare it to the seven trillion. How much, what percent of the seven trillion dollars is new money that was generated in the last year? So again, present value minus, oh, hold on, let me do it this way. Or you can think about it this way, right? We wanna do a comparison to find out what this, how much this is relative to seven, right? And that's three, right? So you can go seven minus four divided by, not four, by the total, seven. So that's three over seven, which is equal to 43, what is it, 43% or something? 43%, 43%. So these are the two numbers, two percentages you wanna think about, right? 75% additional funds were made available a year ago, okay, in the last year, relative to four trillion dollars that were pumped into the markets, right? And relative to where we are right now, which is seven trillion dollars, 43% of the seven trillion dollars was made available this year, okay? In one year, wow, right? We got that, let's take a look at the Dow Jones. Here's the Dow Jones, right? Let me bring up M1 again, M1. See a similarity there? Something's going on. The time frames are a little different, right? The graph that you see here goes into 1990, right? So 1990 was the flat curve here, but the Dow is doing this, let me bring this up, right? Nasdaq is even better, Nasdaq is even better, right? I stuck with the Dow, right? Just because people talk about the Dow, Dow, Dow, Dow, because Dow is a lot of legacy companies as well, that basically they're insolvent, a lot of them, they should be bankrupt, but they're being still popped up, right? It's crazy, right? But what we're seeing here is, this peak that you see, what is it? 1996, oh, it's so hard to put it on here. I get distracted with it. America's afraid and they should be, the Chinese are coming. I think in the United States, the problem is the natives are restless. The American population is restless and rightfully so because they're being robbed, right? And they're afraid. Indeed they are afraid. There's no doubt about it, right? So what we're seeing here is this. 2008, here, let's assume here, I don't even know. For the Dow Jones, we're gonna go from, it's going from zero, but it's not zero. 1970s, okay, let's say zero, which is not zero, up to 40,000, really, not 40,000, where are we at? We're at 31,000. So let's assume the peak here, let's make this here. We'll put it here as well. So this is 30,000, 30K, this is gonna be 15K. This is gonna be the 15K, 10, 5, zero, 20, 25, right? So 5K, 10K, 20K, 25K, okay. Apologies, this is really messy, but we're trying to get a feel for it, right? And let me take these graphs down. So up to mid-1990s, and we're just gonna put little markers here, we're sitting at 10,000, right? And 2000 went up to like 15,000, and then it a little flopped out to 7,000, I know that mark get well, and then it went up to, by 2016, it was at 20,000, so 2016 is 20,000. So I'm just gonna draw this very general. In the ninth, in here is the kick up, okay? So let me take these down. Chicho, rule one, to get people together, you need an enemy. Yeah, real or unreal? Some people will say invisible, little ones. So here is the stock market, right? This is 1990s going up, 2000 bubble crash, the tech stocks, it didn't go down to five, it went down to around seven, okay? And then goes up to, this is 2008, right? Oh, sorry, not 2008. 2000, wow, the graph should be a little bit better. I'm sorry, I'm sorry if I'm sort of killing it a little bit. And then we went up to here, this is 2016, 2019, we're around here. And then it was 2000, 2018, and then it went up to 29,000 and then it dropped down to 18,000 and now it's on here. Okay. Do you follow, sort of brutalize this? But basically this is what happened. In mid-1980s, the stock market started going up. In the 1990s, not as sharp as the 1990s, 1990s was sharper, so this should be like around here. 1990s was sharper, in 2000 we had a downturn. It went up, 2008, okay? And then did another crash, I should have the other crash here. I can't remember if it went up. Yeah, there was another serious crash and then it went up and then went up. And basically in 1990s it went up and in 2019 or so, it was sitting at 29,000 and in a matter of a week, in a matter of a week, okay, it dropped 30%. It went from around 29,000 down to around 18,000. At the beginning of 2020, in a matter of a week to two weeks, it dropped 30%, right? And then what happened? It went from 18,000, right now sitting around 31,000, right? In one year, in one year. March 2020 has some of the biggest one-day drops in market history, yeah, so, right? So in a matter of a week, it dropped 30%, right? Now, if we're gonna do the calculation, let's do the calculation, right? How much did the stock market drop? If we're gonna do this in red, let's do this in red. It went from 29,000 down to 18,000. So 18,000 minus 29,000 divided by 29,000, right? Let's punch this in. Let me bring out my calculator. So 18, oops, clear, clear. 18 minus 29, right? 18 minus 29, calculators minus, I just should put 11, but I'm not, is equal to 11, and then divided by 29, true. It dropped 38% basically, right? It's more like 33% or something, but 30, let's go 35% negative drop, right? Now, keep this in mind, keep this in mind. Here's M1, right? What happened when that occurred with the 35% drop, the man and the legend Smith? Way down here, the Federal Reserve opens up the tap, releases trillions of dollars into the markets. Free money, free money, right? The market goes from 18,000 to 31,000. 31 minus 18 divided by 18. Now we're dividing by 18 because that's what we started off at. This one we're dividing by 21 because we're 29, we dropped. So it's negative, 18, 31,000. 31 minus 18, 31 minus 18 is 13 divided by 18. 72% increase, 72% that's insanity, that's insanity. Where did that money come from? To kick up the Dow Jones 72% return in a matter of one year, that's debt on future generations. That, in my definition, is not only inflation, it's corruption, right? Will something break? Possibly. Now that's the Dow, right? Let's take a look at Bitcoin. Here's Bitcoin. This is about a 10-year chart, right? About a 10-year chart. It's nine years or so, okay? And just because you had a security blanket doesn't mean each person had that kind of investment. Indeed, right? People are talking with each other, this is good, good. This is education, not taxes. This is Bitcoin, right? Now, one of the reasons cryptocurrency's blockchain technology came to be was because people looked at what happened in the 2008 scam theft that occurred, right? And people realized that when central power can do this, can do this, right? Their money means shit, right? Not quite, yeah, this is the real chichop, all the girls says. The charts are back, the charts are back, brother. It's great education, too, my pleasure, but I'm glad you guys were liking it, right? So one reason blockchain technology came to be specifically Bitcoin. If you read the white papers that came out, it was basically disruptive innovation kicking in as a necessity to save people's wealth, right? Labor, to save people's capital. Because when central banks, central power can flood the market, like no one would've even imagined, right, in the mainstream media, mainstream corporate propaganda, Senegal, economists would've imagined that the graph that's this slope during the Obama administration when they flood the markets in 2008, with trillions of dollars of funds going to Wall Street and the big banks and the big players, right? No one would've imagined that when this took, this took 12 years to unfold, right? 2008 to 2020, 12 years that in one year the graph would look like this, right? Well, I shouldn't say no one imagined it. People who created cryptocurrencies did. People like me who were writing about in mid-2000s did, right? There were many people did, but they didn't have a voice in the corporate propagandist machine to warn people that something nasty is coming our way. It's a storm, get ready, okay? So this is the bottom, is the Bitcoin graph for about nine years, right? This one is a five-year chart. For some reason I couldn't get out the tenure. This is a five-year chart, right? And again, should've, would've, could've, right? Should've been listening to our crypto videos we were putting out five years ago and whatnot. And here's the one-year chart. Now the one-year doesn't look as dramatic as this one, but neither does the M1. People freak out, right? They go, oh, look at the coin, this is, butchoo, butchoo, all right? But then, hey, wait a second, look at M1, butchoo, butchoo, all right? What's going on here? There is a linkage taking place here. You could call it inflation, you could call it protection, you could call it people jumping on a different system and jumping off a previous system, right? Possibly. There's a lot of ways you can interpret this. There's money laundering going on indeed. And then here's the one-year chart which doesn't look that bad, right? Relative to a stock market. Have you seen Tesla's stock? Have you seen Tillerate? Have you seen some of the other stocks, how they're behaving? Bitcoin isn't behaving that much differently. However, your returns are pretty damn good, right? So for example, there's a stock out there called, let me take these guys down, and let me take M1 down too, okay? Let me just get rid of this down here, right? So if we're gonna look at Bitcoin, Bitcoin a year ago was around 5,000, right? Right now it's around 50,000, 49,000, right? Lark bar, hey, Chicho, this kind of old news, but how did you feel about the whole Wall Street and GameStop, the buckle? I put out a video on that, Lark. Take a look at it. We sort of said this again, be careful, be quick on the trigger. I mentioned that when it was around 200 or something, it was probably gonna, or 300 was gonna probably pop to around 500 and then come down. And that's probably basically what it did. It went up to 490 and it's down to $50 now, right? At that levels, if you could short it, if it were big money, you were probably shorting the crap out of it, right? It's a game, right? It's a game. Right now it's a trader's market, right? But here's a price of Bitcoin. Here's what Bitcoin has done. Right now its price is 49,000. A year ago you could have bought it at 5,000 and this is gonna be your return, which is gonna be 44,000 over 5,000. 45 divided by five is nine, right? So this is a 900% return, right? Stock market in the same year gave you 72% return. Bitcoin gave you 900% return, right? Okay, this is Bitcoin. Many other cryptos behaved similarly, some better, right? There are certain stocks that did better. Tilray went from when I was recommending it, right? Just to, you know, there's a lot of style. It's not an investment, anything, but just mentioning that, oh, certain things might be doing moves, which are cannabis stocks, right? Tilray two days ago hit $67. We mentioned it might be a great time to buy when it was at $3. 67 minus three, 64 over three, 21 and a third, but let's call it 21. This would have given you 2,100% return. Tesla, 10 years ago, it was $5 before, after the split. Right now it's 800, so 800 minus five over five. Who wants to do that? 700, 795 over five. What is that? I love charts and grab Chico's dreams. Don't, it's not Tilray, it's not 67 anymore. It's now 30, and I don't recommend, this is not financial advice. Do not recommend buying, okay? 159, 159, 159, 00%. Holy moly, right? Holy moly. Do I recommend buying, no. But this is not financial advice. We're not talking finance here. Right? So what is this all about? What is this all about? Sol UK Chico, it's probably worth emphasizing that all of this is euphoric silliness reaching a term. Sol UK, 100% agree. However, it has a lot to do. It has a lot to do with the money supply, with this. Let's bring out green. It has a lot to do with this. It has a lot to do with that. Let's make it blue, maybe blue turns out better. Blue, it has a lot to do with this. When, when, what was it? 75% more additional liquid money is pumped into the system. Things are gonna blow up, right? Now, keep this in mind. Okay, I wanna take all this down. This is this chart here. By the way, this happened in many other countries, but I don't think there was dramatic as this. Not in the Western countries anyway. I don't think 43% of the total money supply, liquid money supply in Canada was created last year in the United States as was, right? And that puts a burden on the US petrodollar, right? Or the US dollar, right? Bill and MC. Gicho, gang, I sent a link, I don't know what that says, but I'm gonna send the link to Discord page. General, I came across it last night and I thought it was important. Okay, awesome, you're wrong. Just watch, you're wrong, it's not working. Yeah, you're wrong is another game as well. I mentioned Western world two past year. Yeah, just Western world. Other countries, yeah, for sure, for sure, right? But here's, since Muhammad mentioned Iran, here, let's talk about the US, right? India had already had a bit of related correction, yeah. Now, take a look at this thing. Let's assume they're very sensitive to it, they're very sensitive, right? Now, M1 is US currency being made available, right? So let's assume we're the United States, we're have the money, yeah, right? We're in control of the money supply, very well. How do you feel about the future of, I don't know what that is, simple Tron 2000. Now, one thing that the United States has as a buffer, what do you mean? Beyond the mouth of infants forever. So that's, now, one of the things that United States depends on, right? That basically is one of the variables that it uses, and it's in its calculus of its monetary supply, its domestic policy, its foreign policy, its behavior, right? Is that the US dollar is the world's reserve currency, right? So the world's reserve currency means that US dollar is basically accepted anywhere in the world as a means of conducting trade, right? And that has been the case since after World War II, really. Okay, since the early 19th century, 20th century, 1900s, right? So the United States has had the pleasure of having the world's reserve currency for a number of decades. And the obligation that the United States has had is to not use the US currency as a weapon, right? And to be fiscally responsible. And at a point, you could have exchanged US dollars for gold bullion, but frankly, Roosevelt killed that off in 1933 in the buildup to World War II, and Nixon completely decoupled the US dollar from the gold standard in the early 1970s and 1971, I believe, okay? So the US dollar, which became the world's reserve currency at the beginning, had the backing of the gold standard. So there was weight to the US dollar. So if you had $100 in US funds, you could have gone and exchanged that up to 1933 to gold bullion in the banks. Franklin D. Roosevelt took that off. And if you were a foreign nation that had US reserves, currency, you could have gone to the US government and said, hey, we want gold back for that. Now, Nixon came along and everyone knew that that wasn't gonna happen, but Nixon made it official in early 1970s saying that, listen, we're not gonna redeem the US dollar for gold bullion anymore. And we don't have enough gold to cover the US dollar, the value of the US dollar. So other countries outside of the United States went, well, what the hey, right? Why should we hold the US dollar? Why should the US dollar be the world's reserve currency? Why? If you're this country or this country or this country or this country or this country or this country, why should you hold US dollars in your reserve banks, in your reserve, right? Why should you do business among each other with US dollars only, right? What, why not trade between each other using your own currencies or another reserve currency? Because this thing is no longer backed by gold, right? It's backed by nothing. And when a country can do this, print as much money as it wants, then the reserve currency, the value of that money, right? That's not money, it's currency, right? It's depreciating over time, right? Well, the United States had to figure something out. The US had to figure something out because the natives were getting restless, right? So, Chicho, not sure if you're going to cover it in this stream, but you have to look at the CCP, these M1 printing, it totally eclipses the US. Yeah, the US money purchasing power has decreased like 99% over the last 100 years, right? And Sol, we put out a, you have to look at the CCP, the M1 printing, it totally eclipses, yeah. Like, Sol, I haven't looked at it to your truth, but to me, the way they manage their finances doesn't affect me or us in the Western world as much as how the United States deals with its finances because the US has the world's reserve currency. And I agree, the bubble is all over the place, right? The money printing is insane. And Sol, if you have a good link for that, for the Chinese Communist Party, I'm assuming CCP, that's what you're referring to, if you have a good link for us, link it up on our Discord, okay? That'd be amazing. Are you seeing more streaming points today? Chicho, yeah, they've been printing money for the last 10 years, holding USD while putting out yen. Yeah, they're trying to devalue the yen, right? The reason they're trying to devalue it because they wanna stay at a manufacturing capital of the world, they want it to be cheap for industry to come there to make things, right? Because they can't afford decouple themselves from that industry, not yen anyway. That's the direction they're going. They don't wanna be so dependent on foreign industry to make stuff in China. And they're trying to turn back some of the environmental damage they've done. I don't think they're really doing it, but that's what they're pretending, or maybe they are, right? But they've built a lot as well, right? So they're trying to keep the sort of currency, by the way, this stuff that you see here is also currency wars as well. It's just me and you, Joe Blow, are not involved in these currency wars. So we're the civilians being hurt in this, right? So what happens here is this, take a look. The US dollar used to be gold back. It was a reserve currency of the world. And US dollar decouples itself from the gold standard so these people can't redeem the US currency for gold bullion. But they still want, the US still wants the world to be using the US dollar because it gives US power. And the story, because the United States is the only country that is allowed to print US dollars. So they control the money supply to the world, right? It's like you being a farmer that you control the food supply to the world, right? By the way, keep this in mind. If you wanna control the food supply of the world, what do you need to do? You don't need to control the whole food supply in the world. You just need to control protein. Okay, keep that in mind and water, of course, okay? So the US has to think something out. Here's what they do. What does the world run on, right? Let's go back, let's go back, let's go back. Let's go back. What does the world run on? Boom, boom, boom. Energy, energy, energy, energy, energy consumption. Energy makes the world go around, right? Energy, oxygen, water, water as well. But world economy, world economy is run on energy. The cheaper the energy, the faster it turns. The more expensive the energy, the economy comes to a grinding halt, right? So the United States goes, yeah, energy, and the United States goes, okay, we're not gonna, these people are restless because we can't give them gold for the US dollars, but we're gonna lock them in, that they have to use the US dollar in trade. How, how are they gonna lock them in? Enter the House of Saud, Saudi. Oh my God, I'm spelling Saudi wrong, Saudi Arabia, anyway. Saudi Arabia, Saudi Arabia. The United States in the 1970s, early 1970s, there was the oil sort of hiccup there, where people were lined up in the United States to get oil because OPEC, because Saudi Arabia really controls OPECs or controlled more of OPEC back then, did, just not in the same quantity, it's just not in the same quantity, yeah. There was sort of an oil issue there, right? Because Saudi Arabia said, hey, we're gonna cut off the tiles, we're gonna do this, we're gonna kick up the price, do this, do this, do this, all of a sudden there was energy shortages, right? Well, the United States comes to Saudi Arabia says, listen, you better stop this nonsense or you're gonna get spanked. And the other thing they said, we need the world to use the US dollar, okay? So we'll give you backing, we'll protect the house of Saud, okay? We'll make sure you stay in power, the dictators in Saudi Arabia. The thing you need to do is, do exactly as we say whenever we say it, okay? The other thing you need to do right away is sell oil only in US dollars, right? Only in US dollars. All the countries that need to buy oil from Saudi Arabia will need US dollars to buy oil from Saudi Arabia plus some of the other dictatorial powers in the Middle East, right? The kingdoms, all the little guys that are put in place like Kuwait and all that jazz, right? So in the 1970s, the United States comes and cuts a deal and there were others as well, right? There was Iraq. Iraq was a US puppet, right? They were only selling oil in US dollars, right? Like if you remember, Saddam Hussein was put in power by the CIA to overthrow democratically elected government in Iraq to be installed as a dictator because no democracy in the Middle East, right? Still a better deal than putting an offering up and all the guys to sell the food and end up in a survey. So Iraq was also part of this whole deal. So all these people needed US dollars to buy oil, right? That's how the United States was able to stay as a world reserve currency because they cut a deal with all these different houses, right? Or dictators or puppets they put in power then these people could only sell oil in US dollars, right? And United States is happy as apple pie and they can do this, right? Print as much money as they want as much as they want, right? Really, as fast as they want. Look at the chart. Whoa, the last year. Holy schmo-holies, right? 43% of the total money supply in the world in the United States that has produced fruit of fat was created in the last year. 75% additional liquidity was entered into the market relative to where it was in the last year, right? Well, all is well for the US dollar as long as the world can only conduct business in US dollars, the petrodollar, right? Because why? Because they need to buy oil, right? Energy makes the world go around, right? Now, here's a hiccup. What happens if some of these nations that only sold the US, sold oil in US dollars come out and say, well, we're gonna accept other currencies because we don't trust you guys. You guys are printing money up the yin-yang and we really can't do anything. We got enough US dollars. We've bought hotels and airlines and all this jazz is devaluing, right? And our oil is decreasing, right? So there's supply of oils decreasing but the money they're being paid with, the currency they're being paid with is also devaluing. So they wanted to diversify. One of the countries that wanted to diversify was Iraq. They said, we're willing to accept other currencies. This was in the late 1990s or 2000, I believe. Saddam Hussein came out and said, you know what? It's not just the US dollar. You can also use the euro to buy oil from Iraq, right? Well, if this happens, then there's pressure on the US dollar and the US dollar is losing its reserve standing, right? And it wasn't just Iraq that said they were gonna do trade outside of the US dollar. There were a handful of other countries said it as well. See a pattern there? Iraq, Iran, Venezuela, Libya. All of them came out and said, we're willing to trade outside of the US dollar. Iran went as far as creating an oil bruise where people could trade oil outside of the US dollar. Wow, snap crack will pop. What the hell? Not happy, happy USA, right? Because 30 years ago, US dollars were the only reserve currency and they are the only reserve currency, but they, what was it? I believe like more than 90% of the trade in the world 20 years ago was done in the US dollars. Right now it's down to around 80%, if I remember my numbers correctly. So what's going on right now is more countries are doing trade outside of the US dollar, right? And that's putting pressure on the US dollar, right? Because they don't need to hold US dollars anymore. They can hold other currencies, right? And there's basket of currencies, SDR and stuff like this, but we won't get into that. There's other currencies, there are people doing trade between each other in the wrong currencies. Russia and China being one, right? So they're decoupling themselves from the US currency, right? Lark Park, have you heard the latest from RT, US Secretary of Building Airport in Syria near the US secretly? But yeah, it's crazy man, right? And Syria, by the way. Oh, we forgot one of the main ones, Syria, right? Do you believe the Obama Democrat water exhaust aspirations for closer trade and alliances to the EU have something to do with preserving the integrity? And a lot of things have to do with maintaining integrity of US dollar, right? Because right now the US is sitting there and 20 years ago when Iraq, Iran, Venezuela said they're gonna decouple from the US dollar, the United States said, well, we need to do something about that. What were the choices you as an individual, right? If you had a business and a lot of the people that you were dealing with refused to buy your product, what would you do? What would you do? You could make them a better deal. When I talked to one of my students about this, the student was talking about, I asked them, what would you do? And his reply was, well, you give them a better deal. What if these people aren't willing to accept the better deal? What would you do? I said, you would give them a better deal. I said, okay, the US offers them a better deal. They refuse. What do you do? What do you do? Especially, what do you do? Especially if more than 50% of your discretionary spending is spent on the military. What would you do? Elder God, give them freedom. Exactly, right? Put an embargo on Iran. Economic embargo, no trade on the Swift system. You can't do trade. There's lots of issues there, right? Venezuela embargo, annihilate Libya off the face of the map, right? They wanted to bring a gold standard, African currency, right? 10 years ago, Libya had the highest standard of living in all of Africa. Highest standard of living in all of Africa. The United States, the UK with this NATO allies, including Canada, wiped it off the face of the earth, right? How so? It's still there, but there's slave, open slave markets, right? In annihilate Libya. In 2000, Saddam Hussein said, no more US dollars. We're doing oil and euros. What do you do? Invade them. In annihilate them. Take it over if you can, right? What does that do? Wow, these people that need an oil from Iraq, they had euros, they wanted to buy it. They can't, they need to get US dollars again, right? They can't buy oil from Iran because there's a whole embargo on it with banking systems or Venezuela, oops, Libya, they're producing oil but the EU, France is just taking it, right? What are they doing in Syria? What are they doing in Syria? Well, Trump boy said it, occupy their oil fields and take their oil. That's exactly what they did, right? What did the new administration do? Biden, first thing they announced, one of the first things they announced in the first week, we're increasing the troops in Syria. We're gonna occupy their oil fields and take their oil. All of that is related to this. All of that is related to this. All of that is related to this. All of that is related to this. All of that is related to this. All of that is related to this. What we need to do as individuals, to make ourselves anti-fragile, is decouple ourselves from this system. It is ridiculously important to decouple yourself from this system. Decouple yourself from the system, and there are ways you can do it, and we've talked about it in our personal finance videos. It is extremely important to educate yourself, to make sure you have multiple sources of revenue, that you're not invested in this current economic system. All your eggs, anyway. Slickmic, thank you very much for the tier one sub. They've subscribed for five months, currently on a two-month streak. Slickmic, thank you. By the way, gang, sorry if I didn't catch some of the chat, just because I wanted to stay focused, make sure I got the point across here. What's going on? Okay. The Marxist is a bad joke. Drop not the first sign of trouble. Decouple from trade finance and enter into the decentralized finance. Indeed. Right? Deckman, how are you doing? I like your shirt. Thank you. What is it? His name is Esteban. It's sort of like one-of-a-kind. My nephew drew this, and we put it on a t-shirt, where he put on a t-shirt and I zapped it. He has a here. Let me give you his thing. Where is it? Oh, I have it on the other computer. Pooper, scooper. Oh, no, I have it here. There you go. Here's his artwork if you want to follow his work. It's beautiful artwork, by the way. Okay. That's his Instagram page. Lots of ladies. Lots of ladies. And he has stickers and stuff that he sells, so you can go to his thing and he's got stickers of beautiful ladies that you can put all over the place. And I'm pretty sure he's got, he's got shirts as well with some of his designs. I don't know if he's got Esteban, but he's got some of the ladies on there. This is great. Engineer press. Awesome. Here's what you do, folks. If you are holding crypto assets, take your assets, deposit it into an AVE. Take a stable coin loan. I don't know about that. So, Saul UK. No mention on Iranian RIRGC rocking around Iraq and Syria. Yeah, for sure. For reference, US tried to teach the Iraqi army to protect democracy. I guess that just rolled over them. And here's the kicker, Saul UK. Iraq had democracy in the 1960s. There was a democratically elected government put into place in Iraq. The United States CIA brought in Saddam Hussein to assassinate the president and put him in power. He failed the first time. They put Saddam Hussein in jail, or no, he got taken out of Iraq. He was living outside of Iraq and then they brought him in. He killed the democratically elected president, took power, and then annihilated anybody else that was in opposition to him. Iraq had democracy. It was like Iran in 1953, right, or 1950s, with Mohammad Mozadeq. Iran had democracy, but Iran had the audacity with their democratic leadership to say, hey, we're going to nationalize the Iranian oil. The UK and the US came in and did a coup and put in the shaw. So a lot of Middle Eastern countries already had democracy. Unfortunately, the Western powers could not stand their democracy. That's the kicker, right? Lots of ladies. Okay, I'm interested. Awesome, Lauren Park. Slick, when you say not to invest in these systems, is this deterring from investing in stocks, or do you just mean from investing in the system you're talking about currently? Sorry, just investing in the system. Look, if you're putting your heart and soul in maintaining a corporation which is destroying humanity, try to divest from it. Try to find another source of revenue that isn't about ruining, destroying future generations. If you have all your money in the stock market right now, pull that out. Not all of it if you don't want to pull all of it out, but if you're riding the stock market hoping that you're going to have enough money and that money is going to have enough buying power to see you through your retirement, you've got to be kidding me, right? If you have all your money in a bank and you're not divested in a way where if there's hiccups in the economy, you become less antifragile. If you're not divested in, let's say, multiple ways you can do it. If you're not growing your own food, you can be in a little bit of precious metals. You can be in a little bit of cryptocurrencies. You can build your communities. We've talked a lot about this in our personal finance videos, Slickmic. Really important videos. I took a lot of time to put those together because it was sort of my heart and soul and me trying to explain things as best as I could to get the point across that the system that we're functioning on right now is in serious trouble. Okay, isn't serious trouble. What is it? You like that art. Real MC Mike, hey Chicho, what would you recommend students such as myself who don't have a lot of time but want alternate ways of earning income and decoupling from the system? MC Mike, look, one of the things I did, I started teaching math, tutoring math, right? I took an ad in the paper at the time. You didn't really advertise online. There was no online in the 1990s, right? And I wanted to relearn my mathematics, and I made a little money on the cash. And it wasn't really that much money. I was doing it using the students just to remind me of how to do mathematics. By doing that, I was able to build up my portfolio to a level where I could actually enter full-blown teaching mathematics, right? So what I recommend is build up your power just like playing a video game, right? Sometimes you need to go down this level and go find that hidden door where you can acquire this magic potion and then you have that magic potion for the rest of your game, right? Life is the same way. Sometimes you need to put a little effort in, right? That goes outside of the main program, right? Main game, right? You take a little tangent, you acquire a tool, you acquire a power that you need that or you could use later on in the game, right? Life is the same way. If you need to learn mathematics, if you don't know mathematics, you need to learn mathematics, then learn mathematics because that's going to come in handy. If you don't know how to read and write properly, learn how to read and write properly. If you don't know how to write an essay and get your ideas across, learn how to write an essay and get your ideas across, that's the best type of investment you can make. If you're ill health, right? If you're living a crappy life, if like lifestyle where you're out of shape, get back into shape because the first thing, the number one cause of bankruptcy in Canada and the United States is ill health. End of story. A lot of people say, oh, I need to invest this much money into this fund because when I retire, it's going to be worth this much. I go, well, that is one week's worth of hospital bills. That's it. Why don't you eat healthier instead of putting that money into the stock market or whatever fund you're going to put it into? Maybe take half of that money, buy healthy organic food and eat better, right? That's the type of thing I'm talking about, man. Aside from that, if you want to make money, this is a trader's market. Find a market, learn about it, gamble. And this is not financial advice. Saul, UK. Iraq and Syria only became a failed state after US left. No. No. Iraq had a democracy, Saul, UK. In the 1960s until Saddam Hussein put the dictators or US, the CIA put Saddam Hussein in power. I'm going to invest in jams and jellies to be more anti-fragile, right now on Snakehide. Do it yourself. I'm innocent, he says. Muhammad says, funny, funny, funny. Oh my God, America is heading for a civil war, in my opinion, but it's not strong enough to hold his shit together, let alone the US. What's your, your, for lack of better word, preference for renewable power? I've been hearing more and more recently about how solar power isn't efficient as some people believe. And I'm seeing more people take up interest in nuclear energy. I'm not a fan of nuclear just because the, when you're creating, as Einstein would say, hell the way to heat water, right? I think that's quoted from Einstein. But if you're using something that the byproduct is going to last for millions of years or billions of years, the waste product, not a good source of energy. Even, I don't care how much energy is producing right now, right? The best way, deckman, as far as I'm concerned, for us to get more secure energy supply is to use less energy, right? It's not about necessarily finding a better energy supply, which it is. Solar, yeah, solar has a limit to it. We need new technology to come in, to kick up the percent, right? To kick up that capacity for us. You know, people say, you know, mathematicians, physicists, I have done the numbers and we can never break past that breaking point, the top, that what is it, 35% efficiency or whatever it is, right? I don't believe that. I think new technology will be rolled in where solar power becomes more efficient, right? But it's not just consuming at the same level and finding better energy supply, right? It's think about the type of energy that we're spending, okay? It's got to be a multi-pronged approach. No, please, do anything as healthy Clark Park says. Chico, do you have some cryptocurrencies? The whole point about cryptocurrencies is the anonymity in the privacy. I don't recommend anyone saying that they have or they do not have cryptocurrencies. Explore the world, right? Really, it's extremely important to stay with the model that cryptocurrencies were built on. It's about anonymity. Donita, how are you doing? Wow, brother, you missed a great live stream. Donita, you need to watch this. I think you'll appreciate it. I hope so anyway, and your feedback would have been fun. Jan, Jellies of the Cures will be an awesome alt currency in the future. Food, gang, if the economy has a serious hiccup, certain things might become commodity, might become currency in certain places. A year ago, toilet paper, right? Get all the gold coins Sonic style. I'm a killing weapon, you know. I will let others throw the books. Nice. And you got to stay healthy. All you got to stay is healthy. It's one of the most anti-fragile things you can do, right? Good idea. Maybe I'll branch out and add some hot sauce and pickles to the list of investments. Nice. Muhammad, it's amazing how well you know about Iran's history. Dr. Mozadak and Shah. Yeah. Yeah. I think every Iranian knows Muhammad. Water Exha, speaking of power, what do you make of nuclear fission, Tokomak, and its realistic prospects of infinity? I think our technology will reach a point where we might even have zero point energy, where we can accumulate, get energy from almost anything. That's where we need to go. Okay. If certain prophecies come to pass, we will be plenty of solar energy in 2023. I don't know, Lark Mark says. I'm not too sure about cryptocurrency. That's just me. One of the big problems with cryptos with Bitcoin is it's using so much energy to do the mining. Is that a good way to use our resources? You know, I got my issues with that, man. It's just a fan. I'm running to the library for a snake. Snake, I do it myself says. Booker tool library. Both. Have a book library gang. There's a reason why I have all these books. I have a whole bunch of how to do yourself, how to build a house. I got books on how to build a house, how to build, how to do plumbing, how to do electricity, how to do all this stuff, right? Just in case, you know, and they're amazing to have, right? Right. It sounds like a collusion course with Bitcoin uptime. We're almost two hours out there. God, thank you. Gang, let's call the stream. Thank you for being here. Thank you for the follows. Thank you for the subs, mods. Thank you for taking care of business. I hope you found this useful. If you want to know what this is all about, I am on patreon.patreon.com forward slash chico, C-H-Y-C-H-O. If you want to support this work, if you want to know what this is all about, which is basically layered on mathematics, follow the work on Patreon. Okay. As you can tell, it's a links up everywhere. Okay. I don't put anything behind paywall. Everything's creative columns. You can follow the work and see what it is that we're sharing. And after a while, if you think this work deserves your support so that we can roll out more information and create more content, support this work through Patreon. And those of you who've been supporting this work through Patreon, thank you very much for the support. Gang, water exile. I think C-H-Y-C-H-O should create a joke or go on crypto. I don't know. Lord, thank you, C-H-Y-C-H-O. Much love, much love, gang. MC Mike, thank you, C-H-Y-C-H-O. Love the stream. My pleasure, man. Thank you. Can I have a fast vote? One for beer, two for pop. Beer. Beer better than pop. Cheryl says, two for pop. Three, the guy says, love your stream, Lord. Thank you, man. Thank you. Thank you. So my pleasure, Mohammed. My pleasure. Gang, we are live streaming on Twitch, twitch.tv forward slash chico live, C-H-Y-C-H-O-L-I-V-E. If you want to participate in the chat and the discussion, Twitch is where you want to be at. And gang, again, thank you for the follows. Thank you for the subs. Thank you for the points. Thank you for bits and whatnot. And the discussion, 100%. And mods, thank you for taking care of business. What a shot. Great flow, everyone. Awesome stream. Awesome stream. Thanks, Cheryl. Pop, stock, skyrocket. Elder God gets on the game. I do announce these live streams 30 minutes before we go live on parlor, elo, mines, VK, gap and Twitter. And we do have a discord page. We do have a discord page. You can join our discord and participate in the discussion. You can go to our chat anytime you want, type in exclamation mark, social, links will pop up at the bottom. You'll see the discord link. Okay. For live streams where we don't have any visuals, the audio will be uploaded to soundcloud.com forward slash chico CHYCHO is a podcast and they should be available on your favorite podcasting platform, including Spotify and iTunes. And we will be uploading the stream to censor tube, bit shoot and rumble. And if we have enough points, we'll upload it to Odyssey, but we don't have enough points yet. Don't know how to get points. They need a whole bunch of personal information, which I'm not willing to give them, right? And if you're on those platforms, you can support this work by liking, joining, subscribing, sharing, commenting. And if you're on YouTube, you can support this work by joining YouTube membership. And there's a button there. And for those of you who are supporting this work through YouTube membership, thank you very much for the support. Okay, gang. I hope you guys have a fantastic day. Tomorrow evening, current events, Thursday morning, investing in comic books, putting the tables together. There's a lot of them going through. I'm going down the rabbit hole in the realm of collectibles. And we're going to look at return on investment on those and do a future projection to see what things may be worth and see what type of comics are getting a good return. It's all based on the first comic book haul we did that we uploaded in 2015, six years ago. And we'll hit up the other ones later. Fun topic, fun topic. 4 a.m. is not evening. 4 a.m. is not evening. Good morning to Elder God. Tomorrow when we do our current event stream. Gang, I hope you have a fantastic day. And I'll see you guys tomorrow and or Thursday. Bye, everyone.