1 00:00:00,000 --> 00:00:04,560 Speaker 1: right because printing money to erase your debt is stealing from savers but if you print 2 00:00:04,560 --> 00:00:09,460 Speaker 1: that money in the middle of a disaster well then that's doing what's necessary to help save 3 00:00:09,460 --> 00:00:14,420 Speaker 1: people imagine that you're one of the powerful central planners you know that nothing works 4 00:00:14,420 --> 00:00:18,500 Speaker 1: right social security medicare medicaid veterans benefits and interest together already 5 00:00:18,500 --> 00:00:22,980 Speaker 1: cost more than every dollar the government makes and you know that the way out of that is 6 00:00:22,980 --> 00:00:27,320 Speaker 1: inflation inflation is going to take money away from all the people who saved money and if 7 00:00:27,320 --> 00:00:32,440 Speaker 1: people see you do this on purpose they get angry. They revolt. So here's the first thing 8 00:00:32,440 --> 00:00:37,180 Speaker 1: that a catastrophe might do for you, right? Because printing money to erase your debt is 9 00:00:37,180 --> 00:00:42,400 Speaker 1: stealing from savers. But if you print that money in the middle of a disaster, well, then 10 00:00:42,400 --> 00:00:46,720 Speaker 1: that's doing what's necessary to help save people. Inflation doesn't actually fix the 11 00:00:46,720 --> 00:00:52,460 Speaker 1: biggest promises. You can inflate away a bond's purchasing power, but you can't inflate 12 00:00:52,460 --> 00:00:57,620 Speaker 1: social security or Medicare obligations away because those go up with prices so the only 13 00:00:57,620 --> 00:01:02,860 Speaker 1: way to shrink them is to change the deal it's to cancel on people in an emergency people 14 00:01:02,860 --> 00:01:07,700 Speaker 1: accept these kinds of things then of course all of this sort of connects to agenda 2030 if 15 00:01:07,700 --> 00:01:11,760 Speaker 1: you're paying attention because a crisis is the only time people accept a new system