4.7 • 1K Ratings
🗓️ 21 April 2025
⏱️ 78 minutes
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0:00.0 | Hello fellow Rubble Capital. I hope you're well. So we got a weekend edition. I thought it would be fun |
0:05.2 | to go over how the banking system rigs the system or how the big bankers rigged the system, |
0:14.1 | how they quote unquote cheat. I was just on Twitter and I have a lot of people responding to |
0:20.0 | one of my tweets saying, well, |
0:21.9 | reserve requirements. So I always talk about reserve requirements and Basel 3 and SLR and all |
0:27.9 | these things that can strain the bank's balance sheets. And you guys know from watching my videos. |
0:32.1 | The premise of my worldview is that the banks are at the center of the monetary system. |
0:39.8 | And the central banks just revolve around them. |
0:43.0 | They're the sun, the central banks of the planets. |
0:45.4 | It's not vice versa. |
0:46.9 | And if you have that view, then it's very easy to see why I have the views I do on the |
0:53.3 | dollar, on interest rates, |
0:55.2 | on the treasury market, US debt, etc. |
0:58.6 | But you've got to have that starting point because the key here is we, |
1:05.2 | if you believe my view, money is the only resource that is unlimited. There are no constraints. |
1:13.7 | There is no scarcity. That's what we have to understand. Now, there's scarcity if you're a person, |
1:20.4 | there's scarcity if you're a business. There's not scarcity if you're a bank. And the only way |
1:26.2 | there would be scarcity is if the regulators were able |
1:31.6 | to regulate them. And there's a few things that would add to it. But if we completely debunk that, |
1:37.8 | then you're left with one conclusion. And that's the banksters can quite literally create as much money as they want without the Federal Reserve, without the central banks. |
1:50.0 | So what I did on a weekend here is I started using chat GPT. |
1:55.7 | Now, chat GPT is good, but you got to micromanage him. |
... |
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