How Phil Got his Neighbors to Stack Millions Worth of Gold and Silver | Rafi Farber

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Summary

➡ The speaker, Phil, shares his experiences and thoughts on various topics, including his visit to the International Spy Museum, his interactions with the Russian community in his city, and his efforts to encourage people to invest in silver and gold with Rafi Farber. He also discusses the importance of real money as a means to escape communism and the fears people have about investing their savings in precious metals.
➡ The speaker in the video shares his thoughts on investing in gold and silver. He believes that by buying these precious metals, people can protect their wealth and potentially hasten the end of the current financial system. He also suggests that viewers could start local groups to discuss these ideas and even make money by partnering with companies to encourage others to invest in gold and silver. The speaker emphasizes that even if people don’t fully understand the concept, holding a gold coin can give them a sense of security and grounding.
➡ The speaker discusses their choice not to profit from their audience, instead offering merchandise and accepting donations. They also talk about selling precious metals, emphasizing the importance of spreading these resources among as many people as possible. They believe this could help stabilize the economy and prevent a financial crisis. The speaker also mentions their belief that there’s something seriously wrong with the current monetary system, and encourages people to invest in gold and silver, regardless of their reasons for doing so.
➡ The article discusses the current economic situation, where people are spending money they don’t have due to desperation, leading to an increase in credit. This situation is compared to a ticking time bomb, with the author suggesting that a financial crisis is inevitable. The author also mentions the possibility of a debt jubilee, where all debts are forgiven, as a potential solution. However, they warn against reckless spending and emphasize the importance of understanding the consequences of debt.
➡ The text discusses the possibility of a nuclear war and its potential triggers, such as conflicts involving countries like Iran, Russia, and Israel. It also explores the idea of countries, including the United States and China, breaking down into smaller entities due to various factors like political instability and economic issues. The text suggests that despite these concerns, there is hope that these situations will be resolved without leading to catastrophic outcomes.
➡ This text talks about how laws and written documents, like the constitution, can’t stop bad things from happening or people from doing wrong. It suggests that even though these documents can’t prevent everything, they’re still important because they’re part of our history and culture. The text also mentions the idea of trying to improve ourselves and our society before everything falls apart. Lastly, it ends with an advertisement for gold and silver coins.

Transcript

And by the way, I would give up. I would give up all my silver gains and gold gains just to have everybody. If I could get everyone to get a little bit, I would give up all the potential gains I would make. Hey, guys. Raf here from the endgame investor. I got Phil with me on the line for the monthly Phil moment. He’s going to tell us about some interesting things, including how he got a whole bunch of people to stack silver and why the reverse repos are not falling.

Maybe he thinks. And also why we’re not going to descend into nuclear war. We hope. All I know is my gut says maybe. And so may you all gather strength from Phil’s words of wisdom. So, Phil, we were starting this talk about the ice pick that killed Trotsky. How did we get to that? Oh, I went to the International Spy Museum in DC and they have Trotsky’s ice pick very.

They even have a little spot of blood on the handle or something, which they were proud to show. Is there any brain matter? No, I think it’s just some old dried Debbie. Okay. Because maybe you could clone him. I mean, this is a kids friendly museum. It was interesting you went around, they had the little activities for the kids doing, pretending to be spies, and they had a ton of info dumps for the adults, so it was good for.

Can you, can you get like an ice pick replica at the gift shop with bloodstains? No. But I will say this, I will say one thing that’s interesting. So most of the museums in DC are public. They’re run basically by the government. But the spy museum is a private one. So one thing I’ve noticed is the public ones, they talk to you like you are the dumbest person on earth.

Like the things that the little plaques are just written for. Just the stupidest people. I mean, it’s like treating you like you can barely read. My joints are all achy. Is this a hospital or. Actually, I don’t even know where I am. But the one in the private museums, they have these big info dumps, like I was saying, and they have a ton of activities that they would never allow in the public museums.

Like, the kids are like, they had like coding, secret code, cipher stuff that you could work with and touch. But the public museums are all like, behind the glass and with stupid plex. Whoa. I just thought of like five different memes I can put in here from like demolition man and idiocracy and a whole bunch of stuff. Wow. I’m going to have fun with this one. How much do you weigh? Well, I happened to weigh both.

And we could probably sell, like, gold or silver. Ice. Petrovsky ice pick. Is it like an axe? How big is the thing? It’s a little ice pick that you used to climb up. I don’t know why he didn’t use a gun. I guess he wanted to maybe kill him quietly. But it was Mexico. It was in Mexico City or something. Yes, it was in Mexico. The guy snuck in.

I just read this, so I really should know it, but forgot already. Trotsky was a bastard, so I’m glad he had a. You had. You said you had a story. Okay. Yeah. So I was going into the city that I live in. There’s a lot of russian, UsSR asylum seekers. What do you call them? I don’t know. People who use the right of return on the pretense of a jewish grandparent, and they use that to come here.

And some of them, it’s true, some of them, it’s not. So there’s, like, this big russian community. Some of them are jewish, some of them aren’t. And so I go to a lot of their shops to get the. They have some kosher food because some of it’s just, like, packaged, and it’s kosher regular, but they sell pork. So a lot of the Jews don’t like shopping there because you’re not supposed to have pork in the city.

But I started shopping there because they were the only ones that let me in without a mask. So I forgive their pork imports because they were real nice to me. And I was like, look, I explained to them in Hebrew, and their Hebrew is, okay, I am not a Stalin guy. I don’t like communism. And you’re not making me put on a mask. And they’re like, okay, we get it.

This guy, they didn’t harass me for, like, two years, so it was great. You finally fight allies wherever you. And. And they know me as, like, the only religious guy with a keeper that goes into their shop, even though there’s pork everywhere, because I have my own priorities. So I looked up at the cash register, like, above it was a picture of Lenin. And I think this was always there.

I just never noticed it. And then I said to him in Hebrew, you’ve got a picture of Lenin there. Why? And then he looks at me. He’s like. And then I looked at the picture, and there was, like, a target on his forehead. Okay, that’s kosher. That’s cool. Okay. I was like, okay, I like this guy even more now. That’s great. Yeah. They’re very fiercely anti communist over here, I would imagine.

I mean, anyone who’s gone through it is usually very anti communist. It’s the people who are suffering from an abundance of luxury that are suddenly like, communism is not a bad idea. Yeah. Well, that brings us to our first topic, and the way to really escape communism is to take the money away from the communists, which is by stacking real money. So, phil, I heard that you were able to get a bunch of your neighbors to pile in together to buy silver, maybe some gold.

I don’t know. How did you do it? Not what inspired you. I know what inspired you, but how did you come to the place in your head where it was like, okay, I’m going to try this, and I just got to do it. So it was actually right after our last conversation, I was sitting there thinking, and I was like, if it’s just me, you, and jeff bezos, we’re all doomed, right? We have to get out beyond our channel, in your channel and my channel.

People that are already there are already in that mindset. They’re already thinking, at least they’re thinking, maybe that’s what I want to do. But I was thinking there must be people who, maybe they don’t know what to do, but they’re already scared about the dollar. Maybe they’re scared about the dollar. Maybe they’re scared about their investments. I’m going to be very vague here to respect everyone’s personal privacy.

I just sent out an email and just chatting with people around. I basically just sent out an email to anyone I thought might possibly be interested. And I’m involved with some other groups that are not money related or whatever. So I just sent out a blaster. I said, hey, I’m starting this group and it’s just in my local area. I didn’t email up people in Texas. I didn’t email people far away.

I just emailed in my local area. I said, if you want to discuss this, I’m going to start a signal channel and we can discuss monetary theory and maybe what you want to do with your retirement savings if you’re worried about it. And I said, hey, if you’re not, ignore this email, no big deal, and we’re just having a friendly chat. I didn’t say I’m like pumping silver.

I’m trying to sell something or the world’s going to end. I just said, if you are worried about it, come talk to me. We’ll talk in this group together as a group, and we can debate it debate the merits of whatever. And a lot of people joined. A lot of people joined and we’re having a great discussion. It’s only open to people around. Like I said, I wanted to keep it just my neighbors who know each other.

I mean, not my physical neighbors, it’s people in my neighborhood, in my larger county. I would say we’re going to find dial real quick. Who’s the real capoeira maestri in this neighborhood? People who are interested and I just kept it local. And everybody, most people already know each other at least a little bit. And we just started chatting. And I talk about what I talk about with you here, inflation, deflation, the risks of the dollar, what things will look like.

And what I’ve noticed is that a lot of people are, at least the people that I was talking to, they’re scared. They don’t know which way to go. And they’re worried about things like cashing in their four hundred and one k to buy a bunch of bullion, for example. They’re worried about the taxes on that. They’re worried about. It’s a lot of common questions, common sense questions. Do they vault it? What do they do with their iras? Do they want to vault it abroad? They want to vault it close to home.

So that’s what I’m making. If anyone’s watching my channel, my most recent videos are like, well, this is what you do. This is what you can think about doing. I don’t tell anybody what to do. This is what you can think about doing. These are some options you can think about and these are some concepts to think about. And then they go from there. And what I’m happy to say now people have thrown numbers at me and I don’t ask questions.

I’m not trying to invade anyone’s privacy and frankly, I don’t want to know. This is your personal thing. I’m giving you the concepts to think about and what you do with that is up to you. But people have thrown numbers at me and I’m happy to say millions of dollars have been turned into gold near me. Wow. Gold and silver or just silver? Gold and silver. Gold and silver, yeah.

Millions. Based on what people have told me, I don’t know for sure, but they’ve come to me and said I have x amount of dollars, I want to turn it into gold. What do I do? What are my options? And I give them the minor stocks. These are the different strategies you can follow. And so if they have done what they said they were going to do, then millions and millions of dollars has been converted over.

Wow. Okay. So that’s probably practically the best thing that we can do to hasten this, to hasten the end. Because on my channel, if you check this channel, if you check the most popular videos, and I don’t know if this is an indication that we’re getting close or whatever, or it’s just a freak accident, I put up this meme video like two years ago in 2021 from 03:00 high.

It’s one of my favorite movies. And there’s this fight scene at the end where this bully is fighting this other kid and he has brass knuckles and he’s about to punch him out and then his friends come and one of his friends come and tackles the guy and then the brass knuckles fall over and then he puts the brass knuckles on, gives the guy one big punch and then he conquers the bully.

So I put a meme on this video that the bully’s like the Federal Reserve and he puts the brass knuckles on with gold and he punches him out. It’s pretty entertaining. And it got pretty much, it got no views for like two years. And then all of a sudden, just like it’s past half a million and it’s getting like five, 6000 views a day. And I watch it like once every few weeks just to check on what the views are and how people are responding to it.

And I feel myself getting more and more inspired by this thing. And I wonder if people are starting to figure it out because I was explaining the meme to my son because we were watching it, I passed the half a million marks. I’m like, here, I look at this and he’s like, oh yeah, I understand. He’s like, yeah, we have to buy the gold because that’s the way to empty their coffers, to actually buy the gold and silver.

There’s no other way to finish this because in the end that’s what’s going to happen when the price keeps going up and up and up. And we might be on the verge of that. I don’t know. People are scared. They just don’t know what to do. It’s amazing to say it, but I got a graduate degree in economics and lived another 20 years before I understood what money was.

And it was your channel that explained that. And the derivatives are so all consuming that even people who have studied this stuff don’t quite get it. So a normal person, they can feel something’s wrong, but they don’t necessarily know which way to go. And you and me like I said, talking on our channels is only getting a small group. We’re not going to be able to save the world with just our channels.

So we have to have to. The people watching, I’m encouraging maybe to start your own local groups with people who are interested in it. If somebody’s stuck in the matrix, I have family members that are just, they think I’m insane. They’re not interested. So you’re not going to change their mind, but just approach people that you care about and say, hey, this is something I’d like to maybe talk about with you.

What do you think about this and see if you can get a group started. See if you can get these things going and we can talk. We had plenty of debate. There was a guy that joined the group, and it’s funny, he’s politically extremely conservative, and his bedsheets are probably the Gadston flag. He’s very liberty, constitutional minded. But he was saying, work is money. I was like, work is money.

He’s like, yeah, when you do work, you provide value. And I’m like, that’s literally marxist. You don’t want to go down that path. Yeah, but it’s amazing how that can seep just the confusion, the chaos, the misunderstanding of what money is can lead people that would never think that they would be marxist saying marxist things. Right on that topic. Look, if any of you are watching this and you have this understanding that gold and silver are money, it doesn’t have to be a perfect intellectual understanding, right? It just has to be a visceral understanding, which you can have.

Which if you’re holding the coin in your hand, if you hold a gold coin in your hand and you feel that it’s heavy and it’s weighing you down, even if gold goes down, 1020, 30, 40, 50%, okay, that can happen. It happened from 1980 into 2000, went down more than that. Even if it does, it’s not going to make you think that, oh, nobody cares about this thing anymore.

There’s this understanding that this is grounding you. It’s like the inverse of a spiritual experience. There are some people like, they have a near death experience, or they suddenly find God or whatever belief system they have, or they understand for whatever reason, that, okay, we were created and whoever created us is watching whatever make that happen in your head. It’s a spiritual experience for them, and you can’t convince them otherwise once they see it.

So that’s sort of the opposite. But once you put a gold coin in somebody’s hand, they understand that this thing is money. And it’s not the same with bitcoin. In bitcoin, what causes the excitement is it keep going up and up and up. And so you calculate, you multiply one times 65,000, then you imagine how much stuff you can get. And that’s what’s comforting you. It’s all fantasy.

There’s nothing that you’re holding. And then what really can drive people crazy is ask them where are your savings? And they’ll say, oh, 401k, stocks, bonds, this or that or whatever it is a number that they get in the mail every month to see what their balance of dollars is. But where is it? Where are they? Where are the dollars that you supposedly. Where are they? And they can’t answer the question.

And then once they can’t answer the question, they get really nervous, like where are my savings? How do I get them? What are they? And they don’t know. And so my point is there is a basic human understanding that this stuff is money. Even if you don’t understand intellectually, you will understand it physically when you’re holding the thing in your hand. And so it will calm you down to a certain degree and you’ll understand that when the end game happens, we’re going to go back to this.

I don’t know exactly what it’s going to be worth, I don’t know what it’s going to buy, but this is what we’re going back to and that will calm people down. If they have 10% cold, even if they’re bitcoin crazy and they want to have all, they want to have like 90% bitcoin, but they want 10% gold just in case, just say maybe something’s going to happen. You don’t get into the argument or anything, but even the bitcoin people, they’re easy targets because they do want some gold and silver and even that’s enough.

Let them gamble with the rest of it. What do I care? There you go. And then they’ll learn the lesson and they won’t be bereft because they had the 10% of the gold, maybe. Yeah. Or you could be Michael Saylor and be banging on the street at the end. I’m guessing maybe 6000 people are going to be watching this. So if even one out of ten of you can talk to a few neighbors just to get them to stack, and you can make money off of this, you can affiliate, you can partner with companies and get your neighbors to buy and then credit you with gold and silver, like you can get a discount these companies, they want you to work with them.

And it’s a good side hustle. Even if you want to do it a one time thing. You can make a few hundred bucks, maybe a few thousand dollars on just talking to people and getting them to stack and empty out the government money stocks. That’s what we want. This is my personal choice. I’ve stayed away from that just because I don’t want people to think that I’m trying to make a buck off of them.

Okay, that’s also legitimate. You don’t have to do that. Yeah, of course. On my channel, I ask for a cup of coffee, donation if you are so inclined, or buy some merch that I’m selling. And then you get a cool mug, too. But I draw a distinct line between there’s a reason I’m not opening up a bullion shop. The only bullion will save you. And by the way, I’m selling it right here.

Miles Franklin Precious metals. Today’s specials are 1oz gold Krugerands, only $59 over spot. Call eight five five, game end or email endgameinvestor@milesfranklin. com. Also this week being offered are 1oz silver 2023 Britannias, a 50 coin minimum, while supplies last only $3. 15 over spot. Once again, call eight five five, game end or email endgameinvestor@milesfranklin. com. And one of our guys will get in touch with you, right? That’s legitimate.

I get that. And if you just want to destroy the monetary system, then just do it without commission. It’ll be better. But I also have another source of income. Like if I didn’t have another source of income, maybe I would consider doing that because I don’t think it’s dishonest. I think it’s perfectly honest to say, hey, I’m selling what’s going to save you in the end game, no problem, but have some now, get some now.

But because I have another source of income, I don’t really need to do that. So I can be a neutral voice and say, hey, this is what I think is going to happen. And I don’t have a financial stake and I don’t an incentive to get you invested in what I’m doing. Right. But I still think it’s the best idea what I’m saying for the viewers, just start something like this because I’m sure anybody’s listening cares.

They definitely would care and want people around them, even if they can’t get their family, even if they can’t get their friends, the ones they really, truly care about. If they can get the neighbor a few houses down, then it’s a little more decentralized, it’s a little more spread out. Like I said before, if it’s you, me, and Jeff Bezos, we are doomed. This is going to be really bad.

So the more just get people down. And you know what? Now you’re friends with your neighbor down the street, and you guys can divvy up the neighborhood as you’re buying thousands. Say, I’ll take this half of the neighborhood. You take that half. Yeah. So really, if you map out what we’re trying to do, we’re trying to spread it out. We’re not mining, we’re not creating gold and silver.

We’re not increasing the supply. What we’re trying to do is spread it out to a community. We are the true communists. I don’t want to say that doesn’t even sound good, but we’re trying to diffuse the supplies from concentrated piles to as many people as possible. And once you have everybody have it, then you have the exchange rate. I wouldn’t even call it a price. We want to reveal the true exchange rate.

Yeah. And by the way, I would give up all my silver gains and gold gains just to have everybody. If I could get everyone to get a little bit, I would give up all the potential gains I would make. But you don’t have to worry about, and don’t worry about that. Don’t think, oh, I need to keep this a secret. There’s so many people that are not ready.

So just getting everyone you can prevents the zombie apocalypse, but you’ll still make unbelievable gains. Yeah. So the difference, I’d say, between, let’s say, 2007 and now is that in 2007, very few, only the hardcore libertarians that understood the theory and they read Rothbard and maybe a few other old fashioned monetary people, they understood that there was something wrong. Other people were annoyed by inflation, but they didn’t really think about it so much.

And then 2008, there was like this big hiccup, and then people got scared. But then things got back to normal for a few years and gold went up, but nobody was freaking out. But now, since 2020, I think people get there. Something seriously wrong. Yeah, a lot of people, no matter who you talk to, unless you’re talking to this ideological deep blue Biden, whatever, I don’t even know what to call them.

But somebody who’s clearly not there anymore and he’s gone. But most people, I’d say 90%, know that there’s something seriously wrong. And a gold coin would comfort them. That’s all you need. You don’t need a community of monetary theoreticians. You just need a community of scared people that could use a gold coin to help them sleep better at night. That’s it. Well, what I tell people, because there’s a lot of people out there with different competing ideas.

So I said, I don’t care if you’re stacking silver because you want to fend off flesh eating space aliens. As long as you’re doing it, it’s fine. The reasoning behind it is irrelevant. Right. And that reminds me, I’m going to be recording a class today about how God himself insists on a silver standard. It’s in Exodus, chapter 30 something. I don’t know the chapter verses very well because that’s not a jewish system, but it’s in parashas Kitisa at the beginning with the half a shekel of silver.

I’ll go into it on the Patreon, but if you’re interested in that, sign up to the Patreon and become a founding member of the substac. And, Phil, I’ll send you a free copy. Oh, awesome. Yeah. When you get the silver, you can bury it in a dirty man safe. Use the code. In game investor at checkout. No, not in game ten, man. In game ten. In game ten.

I’m sorry. You’re trying to ruin my business. Use the code, Phil. Low investor. Okay, we were going to talk about. Sorry. Why the RRP drain is slowed. So I was going to say we were talking. I think the last time we talked, or maybe two months ago, we were calling. I would think I was calling February. You were saying March. And then the RRP, the trajectory kind of flattened out.

And so now you and I are revealed to be crackpots and grifters. This whole thing was fake, and dollar is going to stay money forever, and we were wrong, and we should just admit it and go home. All right, I guess the question is why the RRPs flattened out and what is going on. And that’s more. I guess I’m going to ask you that question. I have a thought.

I’ll give you my thought, and then you give me your thought. Okay. Okay. So my thought is that the RRPs, they pay 5. 3%, and basically for newcomers or people who don’t know what we’re talking about. Our theory is that the RRPs are basically the extra money that was printed in 2021 and couldn’t fit in the banks, so that it’s back at the Fed now because the banks couldn’t house it, and now it’s flowing back into the banks and it’s kind of cushioning the money supply.

But I think there’s 441,000,000,000 left as of March 1. So what flows into the rrps in that? It means somebody has to pay them more than 5. 3% on a short term basis with no duration risk. That’s going to be treasury bills. And right now, there are more treasury bills being redeemed than there are treasury bills being issued. And the treasury is moving the money raising activity from short term bills to longer term notes.

So money markets can’t buy long term notes because duration risk. So they can’t do that. Even statutorily, I don’t think they can do that. So there’s not enough bills to buy. And some of the money that was going into bills is now being redeemed and they don’t have enough bills to put it back in. So it stopped the flow down. Except it hasn’t stopped it. It’s slowly moving down.

Even. So, that’s my theory. So you think it’s. Treasury market sales were slowly. So what I noticed was that m two actually ticked up. So I thought just credit generation was increasing, so there’s no need to drain. The RRPs are acting like a money shed, a dollar shed. So when it comes time to pay the loans, you just go out to the shed and get some dollars and pay it off to those.

So I’m thinking, with credit generation increasing, the pressure on the banks to come up with their loans or their loan payments is lessened, at least for what I think it is, is people buying Balenciaga shirts on layaway. I think I told you in chat, I did an episode on my channel where I talked about people buying Balenciaga shirts, and I clicked on a shirt for $2,000. $2,000 shirt, Rafi, and I clicked on it.

And it looks like your shirt. I mean, I think it’s purple, but it looks kind of like your shirt. So I clicked on was made by a slave in Kuala Lumpur, probably, or something. Well, so was that one. So there’s no difference. Just this third shift, right? I clicked on it, and then the first thing that happened was it offered me installment plans. It was like, would you like to buy this shirt over a twelve month period? And I’m like, oh, that’s how they do it.

Or ten months. So you’re saying the reverse repo came and funded that company? Who’s offering to pay it out in Tashlamim in installments. And then they take. I don’t think people need to drain the reverse repo because just because people are. Because of the very high interest, desperate borrowing people are doing is actually bumping up credit a little bit so that they don’t need to drain the reverse repo.

Wait, I don’t understand that. Explain. Well, credit. Because credit is expanding, right? So credit. I borrow $2,000 from my credit card company at 20% interest to pay this, to buy the shirt. So the credit card has the deposit. They have to pay Balenciaga or whatever. They pay Balenciaga. Okay. Now Balenciaga has them. The loans and the liabilities and the assets get confusing. But Balenciaga now has the $2,000.

They can go spend it. So the money is actually increased so they don’t need to go back behind the woodshed to get their pile of dollars that they stash. Once the guy stops making his payment, he’s going to make two payments on that Balenciaga shirt and he’s going to say, you know what? It ripped in the laundry. I’m not going to pay anymore. So once that happens, then he defaults.

The credit card defaults on Balenciaga, and then the credit generation stops. And then we’re going to have to go back to the woodshed to get the money out the dollar tree. Okay, look. However it happens, it’s going to drain out. It’s inevitable. The new world is inevitable. It’s what? Inevitable. One more time. Inevitable. Things are inevitably going to change. I don’t know how much longer credit can expand.

Bank credit can expand here. Bank credit is not exactly money supply, but it’s very close to it. You’ve done episodes on this. People are doom spending now. Yeah, they are. Another 2500 lamb skin tote bag when the little gold chain is going to be the most valuable thing on that tote bag. Yeah, they’re doom spending now. I think they’re even doom spending here. I’m getting a lot of indication that people are not caring anymore what they’re spending.

A war atmosphere kind of contributes to that because there’s a lot of. I mean, this is hard to say, but there’s a lot of families here that don’t have their men at home because everyone’s at war, guarding the border, waiting for an invasion to start down in Gaza, fighting, whatever, patrolling Judea. And mean, all the men are in reserve duty and they’re not getting an income except whatever, check from the state.

So that just circles back in and adds to inflation, their definition of inflation. At the same time, we have all these northern towns evacuated and farmland being lying fallow and not being harvested and food rotting. So it’s getting pretty bad here. I’m insulated from a lot of it, but there’s doom spending here. Not because, oh, they’re like, oh, I don’t care, I’m just going to buy this Balenciaga shirt.

They’re like, I’m going to buy food for my kids and I’m going to go into debt because I don’t want them to die. If somebody’s drowning in debt and watching this, what I would say is, don’t worry, it is going to be a debt jubilee, so don’t let the debt oppress you. I guess I would say I wouldn’t necessarily increase the debt unnecessarily. Just, oh, I’ll just go buy all the Balenciaga shirts I want and then default on them.

But at the end of this, you will be debt free. So don’t get too overburdened by them because it would certainly seem daunting. I would imagine back in the good old days, you bought a car that you now can’t make the payments on. You got a house you can’t make the payments on. Things start to get a little overwhelming. But you might lose the car, you might lose the house, but the debt will go away.

Yeah, it will. I mean, the debt is really the bank’s problem now, the banks that are failing. And actually, I noted before we go into our third topic, I discovered this, that New York community bancorp, right, the latest casualty in the bank saga. So they took a $2. 4 billion goodwill impairment charge. And you think that, oh, it must be something from recently, but it wasn’t. It was something, actually from before 2008.

They went for whatever. All I have is the lawyer language from the updated annual report that was quoted by Reuters or Yahoo or something. And I don’t know what actually happened or what they’re calculating, but they went back into their statements from 2007 and they said, oh, look, we lost $2. 4 billion here. But even though I don’t know what happened, I do know that 2008 was never solved.

We just piled on top of it. Whenever the end game hits, it’s going to tell you that all the financial problems, not just from 2020, not just from 2008, from every recession that’s ever happened since 1933, basically since the revaluing of the dollar to $35 an ounce, or maybe you could say to 1973 to from 42 22 or whatever it is, it’s all going to come out, which is exactly what happened if you read what’s that book? When money dies.

So when money dies, there’s like these one or two chapters after diaper inflation ends of all of the creepy crawlies and the disgusting mess that’s unveiled, like, who lost all the money? Who made all the money? And that’s going to happen whenever this is over, except on a global scale. We’re getting close. Gold is up. 2090 now. Yeah. That was crazy. Yeah. I swear, every time. Every time you turn off your phone for Shabbat, something like massive happens.

Yeah. My wife gets this news. I guarantee the end game is going to start on Shabbat. You’re going to turn off your phone, you’re going to go eat dinner, and then just. Craziness is going to happen. Yeah, I’ll turn on my phone on Saturday night, and then it’s not going to work. Then you’ll know it started actually this weekend. I was like, you know what? I come back from Shula, come back from synagogue on Saturday evening, and then we do have Dala.

And then I was like, I don’t even want to turn on my phone. I don’t want to know what’s happening with the stupid. What. I don’t want to know what’s happening in Ukraine. I don’t want my phone to ding and tell me everything that happened in the world. I don’t want to. I just. I didn’t turn it on until, like, Sunday morning. That’s a good edit. I’m pondering going electronics free for a day.

I’m liking that idea more and more. Yeah, it gives your brain a rest from the insanity of the world. All right, speaking of the insanity world we had, our final topic was why the inflation engine isn’t pushing us towards nuclear war or armageddon. And so my logical thought on this, because I know people were worried about it. People are certainly worried about it, and I think it’s rational to be somewhat worried about it.

I don’t think that’s the likely outcome, because if you take any name, your conspiracy theory that the Rothschilds and the Rockefellers run everything, and we’re going to a CBDC or r one, where it’s a Ponzi scheme where they don’t really have control over the system, whichever one, or even if it’s a physical, conscious demon that’s running the monetary system to go for, it’s the flesh eating space aliens, right? In all of these ones in all of these possible theories of what’s going on and where this is going, for the Rockefellers to enjoy their ownership of the world and us all being slave to them and just worshipping them as living gods, there has to be a world for them to enjoy.

There has to be a world of slaves to worship at their feet. And even in the decentralized one that you and I think, where the fed’s in a Ponzi scheme, they can’t get out of it. There’s no force that’s telling Lindsey Graham to go tell Biden to push the button. Nobody is pushing towards nuclear war. In fact, they want a forever war in Ukraine to keep the debt.

It’s. Julian Assange said this. The point is never to win a war. The point is to stay in a forever war. So the military industrial complex gets paid, but if there’s a nuclear war, the military industrial complex is over. They can’t get paid anymore. So the military industrial complex wants forever. They want wars far away that last forever. That’s literally what the system wants. But now, could someone make a miscalculation somewhere along the line? Absolutely, but I think it’s extremely unlikely, because unless somebody actually has a death wish, which does happen, there are people who, their psychology wants them to kill themselves and lots of other people.

There was an airplane, I think, flying to Germany, and the pilot went to go pee, and then the copilot just. And took the whole crowd with him. Now, apparently he was manic depressive. And. Wait, when was this? I want to say about five years ago, maybe ten years ago. Okay. Wow. Yeah, he just went to go pee, and then the copilot took the plane right into the ground.

We’re going to have mandated catheters for all pilots now. Yeah, well, there is a rule that the flight attendant is supposed to come in at that time, but they didn’t follow that procedure, I think. Who thinks the copilot is going to do that? But anyway, so if somebody with that mentality is close to a button, like, maybe Biden’s like, oh, Hunter’s going to go to know I’m on the way, know, hell with it.

But would his handlers let him do that? No, there must be somebody there. Even if they’re the worst, most corrupt, most horrible person in the world, which know a lot of people in high levels of government are, they still want to live. So I think that force will prevent the end game from spinning to anything more than a financial collapse. Right. I agree with what you’re saying here.

I don’t think that anybody not facing annihilation wants nuclear war. But I can think of a rational scenario where there will be nuclear war. And let me poke you here, let me prod you and see what you say to this, because this does worry me. And my escape route for this scenario is God. And I know that doesn’t, that’s like an ejection button. I’m not on this plane anymore and I just say God, and it’s not a thing.

Okay, fine, I get that, but that’s how I sleep. But there are many countries, many people in this world that don’t want me here. And they will kill all of us if they could. And if Iran gets involved in some kind of a war and brings Russia in and Israel is threatened with annihilation, and if that happens, the enemies here would come in and massacre every jew in this country without blinking.

They would do it. And so Israel would respond with the nuclear strike. They would, because I would. Yeah. And I know, I understand how jews think. We’re under constant threat of annihilation. And we would do that. I don’t want to, but I’m ready to. It could spin out of control. I think a lot of the arab leaders don’t actually care that deeply about the palestinian conflict. The israeli palestinian conflict, they have to pretend because their own countries are poorly managed, poorly run, corrupt, and so they give their people, hey, look at the Jews over there doing that.

Like, do the mullahs in Iran really care? I mean, maybe spiritually they care on an intellectual level, but are they really willing to go to that end? Because they know Israel has the nukes. So my guess is it will. It’s just a guess. My guess is they’ll pull like, you know, you’re running up to a guy and you’re going to punch him, but you stop about 3ft away and just yell at him.

Yeah, I say this emotionally and convincingly, but I don’t think it’s going to happen. I really think it’s going to. It’s, it’s not, but it plausibly could happen. But anything other than that, I don’t think that the military industrial complex wants nuclear war. Israel doesn’t want it either, and the Arabs don’t want it either. But you have enough true believers in this area of the world that something, an accident could happen.

Yeah, there are death cults that could try and try and force that. Yes, but if it does, and we were talking about this before we started recording, if it does, it’s not really going to affect any of us because we’re not even going to notice. Yeah. Well, on that cheery note now, no, look, we’ll be fine. This will be diffused somehow and I don’t know how, but I never do.

And something will happen to lighten the load. Yeah. Do you think these states will exist in their form? I’m starting to think like we’re just going to like America might break down into 50 or 100 small countries. Same with Europe. Okay, this is an interesting question. I don’t know, but here’s a plausible scenario. I think you have states in the US that have pretty good finances, relatively good finances, and they even have gold and silver stocks in some kind of centralized location for the state government.

I don’t think they’re that big. And you have states with more and less silver stackers and you have states with truly insane people and you have states with fewer insane people. So what I think is going to happen, I’m not even saying I think is plausible that the deep blue states where people have lost their minds, I think they’re going to completely disintegrate and you’re going to have these riots in Chicago, in LA and New York City and all these other places that you don’t want to be near.

And I think Lawnmower is going to completely break down. But then you go to states like say Nebraska, Wyoming, Idaho, maybe Texas, maybe Texas. Maybe Texas will break up, but not know, a thousand pieces, maybe like four or five Alaska. Those types of places, I think they will stay strong and relatively sane and break up a little bit less or their breakup will be more functional and less dysfunctional and then you could have, I don’t think California is viable anymore.

I think they’ve just completely lost it. Same with Oregon and Washington. These places are going down. New York. Florida is a difficult case because there are pockets of Florida that are completely nuts and there are places in Florida that they’ve got it. They figured it out more or less. So I don’t know what’s going to happen with Florida, but is the United States going to survive as one political entity? I sincerely doubt just to let every word.

We’re not going into a chinese dystopia either. They’re going to collapse too, probably worse. Yeah, well, look, China benefits from american inflation, so they’re part of one system. When you have a trade surplus like China has, it’s because of the trade deficit of the United States. So they’re playing the same game. So when the trade deficit of the United States stops, the trade surplus of China stops, and then all of the paper that they’ve been stacking in this mercantilist nightmare that they’ve been playing, that all becomes worthless.

What are they going to do? China has broken up. How many times? Like 2030 times in the past 3000 years? Yeah. History is breaking up and then recollecting into a corrupt authoritarian regimes. Yeah. Hopefully we all stay decentralized and free. That was the. So, yeah. So one video that I could recommend is, I think his name is Bill Wirtz. Wurtz on YouTube. I don’t know if you’ve seen any of his stuff, but I highly recommend Bill Wirtz.

He narrates as if he’s severely high, and he writes this cartoonish version of world history. So that goes into part of it, into China, like coalescing and disintegrating over and over and over again. It’s good to watch if you’re under the influence of certain substances or not. He has one about the history of Japan, too, and it’s pretty good. So, Bill Wirtz, I’ll put a link in the description below.

How about that? And it’s entertaining. It’s good. Yeah. You know, Michael Malice has a great quote. And he said, america was designed, the founders envisioned America, to be the smallest government possible, and instead we have the largest government ever in the history of the world. Like, somehow that got morphed into this giant, giant Goliath. There’s no stopping that. To close this off, let’s say the way that I read the Torah, the way that I read the Bible is, I’m not a fundamentalist in the sense where I believe that everything that happened in it happened literally.

As it says, I don’t really care that much, but I do believe it is a divine source and that it’s a message to us from above. So you read the story of the Tower of Babel, and you’re like, oh, isn’t that cute? They wanted to build a nice tower and then come together, and then. It’s a very short story, but the point is, this is always going to happen.

Always. People are going to try to build towers and become as powerful as possible and concentrate power into one or two different focal points, and then everything’s going to come down. Why is the story of the tower after the story of the destruction of the flood? Well, okay, so everything is destroyed, and then God promises he’s never going to do that again. So what’s he going to do instead? He’s going to make it literally impossible for power to constraint to such a point where you have a situation where the world has to be destroyed again.

He’ll make sure that everything falls over before everyone deserves to die. Not going to happen again. That’s the point. That we don’t have to worry about this anymore, because God promised not to. It doesn’t mean, like, we’re not saying that he’s like a conscious. I know he is a conscious thing, according to me. But the point isn’t that there’s this guy in the sky that pushes a button every time things get too close.

The laws of nature make it impossible for people to gather enough power into their hands to merit the destruction of the entire planet. It’s not going to happen. Is there anything that can be done when we’re rebuilding after the endgame? Is there anything to be done to slow or stop it in the future? Because the founders wrote what we would think would be a document that would prevent it.

But it didn’t. Well, I could say the same thing from my perspective. God had moses write a document that would prevent it, and it didn’t, because writing things down is not the solution, is there? No, it’s not nothing. It’s not nothing. It’s not that the constitution is worthless because we say, oh, as we were chatting beforehand, we’re talking about concealed carry laws and this and that, and you’re not allowed to have a loaded gun on your side in Maryland, so you got to put the ammunition back and separate it.

I was like, isn’t that unconstitutional? Who cares about the constitution anymore? But people do care about it because we still cite it, and it’s still a document that people understand as part of their history. Most of the Torah is not applicable right now, but we still study it. And my culture goes back to that. Your culture goes back to the constitution. It’s the same basic idea. So writing down these documents, there is a purpose to them.

We still have the Magna Carta. It’s still part of western history. I don’t know, maybe at some point we have enough written documents, and we’re like, okay, we’re not going to do this again, that it just doesn’t happen again. But then we’re talking about the change of human nature to God, circumcising our hearts and making us better people, or different human nature, which I can’t really conceive of.

I don’t know what that means. So hopefully one day he will. But right now, we just have to hang on to our written and oral traditions, whatever they are. Understand what good is and its balance and get back into balance before the tower collapses again, because it’s going to collapse, and then we got to be at the bottom picking up the pieces. All right? That’s a good way to end.

All right, keep stacking. Get your neighbors, get your friends back to where we were. Every ounce counts. Hollow it out. Hollow out the damn tower and knock it over. Amen. Our 1oz gold Krugerands, only $59 over spot. Call eight five five, game end or email endgameinvestor@milesfranklin. com. Also this week being offered are 1oz silver 2023 Britannias, a 50 coin minimum, while supplies last only $3. 15 over spot.

Once again, call eight five five, game end or email endgameinvestor@milesfranklin. com. Um, and one of our guys will get in touch with. .

See more of Rafi Farber on their Public Channel and the MPN Rafi Farber channel.

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