← The "What is Money?" Show
The "What is Money?" Show
Bitcoin vs. The Federal Reserve with Chris Sullivan from Jekyll Island (WiM537)
01:19:10
Chris Sullivan joins me from Jekyll Island to discuss the founding of the Federal Reserve, the connection between central banking and war, the Fed and the sinking of the Titanic, how money printing affects wealth distribution, JFK’s assassination, Donald Trump’s election, and how Bitcoin is changing the world. Chris Sullivan is an asset manager with a background in algorithmic portfolio allocations, risk management, equity, futures, market making, and derivatives trading.
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- [00:00]
Robert Breedlove
This is one of the biggest criminal conspiracies in the history of the human race. And it all started here. And these six gentlemen here behind us were heavily involved.
- [00:08]
Chris Sullivan
Every single war that we've seen in our entire history effectively was engineered by these folks.
- [00:14]
Robert Breedlove
What parallels, if any, you see between JFK and Donald Trump.
- [00:17]
Chris Sullivan
You don't hear Donald saying end the Fed when he knows damn well we need to end the Fed.
- [00:22]
Robert Breedlove
There's a video of a New Zealand central banker, I think, where he says, central banking is a great business, print money, and people believe it. And that pretty much sums it up.
- [00:30]
Chris Sullivan
You are a den of vipers, thieves. I have determined to route you out. And by the eternal, I will route you out. And if we don't have the faith and the strength to do it, then you deserve to be death slaves. It's that easy.
- [00:42]
Robert Breedlove
Let's talk about the Titanic conspiracy theory too, because I think that's just interesting.
- [00:46]
Chris Sullivan
Either they're all about to kill us between now and 2030, or that happens. It's not up to them. That's the beauty of this. It's up to the consciousness of humanity.
- [00:58]
Robert Breedlove
And we must be as gentle as doves, yet as wise as serpents. So here we are in the room that the Fed scheme was hatched. A lot of people might not know what that even means. The Fed scheme, the Federal Reserve is the central bank of the United States. I was fortunate to read this book here. The Creature from Jekyll island, about 19 years ago. @ this point, the author, G. Edward Griffith Griffin, sorry, writes this like a detective novel, but it's true, unfortunately. So it reads really well. It reads with a lot of entertainment value, but unfortunately the story is true. Yeah, this is one of the biggest criminal conspiracies in the history of the human race, basically. And it all started here in this quaint little seeming room, right, with a pretty lily pad painting and nice stained glass. And these six gentlemen here behind us were those heavily involved in the beginning at least. So here to talk about that today with me is Mr. Chris Sullivan, who's been on the show several times. Welcome back, my friend.
- [02:13]
Chris Sullivan
Thank you for having me.
- [02:14]
Robert Breedlove
Everyone has loved all of our episodes, so I'm hoping this one will be equally as impactful. Fooled you. You. So let's start with you. Like you, we met through bitcoin short story, basically. But you had this very interesting educational upcoming where you had a professor in college that had you read a very specific list of books that covered the spirit of Americans, America's founding ethos, could you just say a little bit about that? What makes you a freedom Max?
- [02:47]
Chris Sullivan
Yeah, I mean this, this, this guy changed my life because it, it's hard to get access to, for lack of a better phrase, the right materials. What I consider the right materials is just the truth. I just want the truth. I can handle it. I don't have feelings, I don't need a safe space, yada, yada, yada. And luckily this gentleman when I was at Emory, he was in his seventies then and, and he just was disruptive. He had his own curriculum outside of the Rockefeller based curriculum. And if you all don't know what, what occurred essentially after the, the creature was assigned to mankind, they then took over the education system. They actually changed the music frequency to a 440 from 432. So, and then, then agriculture was after that, and so on and so on. And he just was like, hey, here's how you get to be a good man. Boom. Here are the books. And you really have to, you begin with understanding Cicero, Plato, Socrates, men who were executed for telling the truth thousands of years ago. Jesus as well. And, and up to what did Jefferson, Adams, Madison, Washington read that gave these men who were in their 30s, the wherewithal and the strength to fight the largest empire that had existed at the time. Like they were actually quite a bit larger and better capitalized than Rome, which took, I think it was the most courageous act of human history.
- [04:18]
Robert Breedlove
Yeah, absolutely agree, right. The founding fathers really stood up to the great evil empire and won basically. And the lessons they learned under the centralized evil empire they encoded the answers to or the best solutions they could come up with, which was the decentralized right, constitutional Republic of the United States, basically designed to not become the British Empire and not have a Bank of England, not have a central bank. So what I want to do here, I want to run through a quick timeline that this book covers. Maybe takes me a minute to say it. And I want to ask you to throw in your context. So people that haven't read this book, I'm going to try to summarize this thing in one minute.
- [04:58]
Chris Sullivan
Required reading.
- [05:00]
Robert Breedlove
In the Creature from Jekyll Island, Griffin's outlining basically the inception of the Federal reserve. So early 20th century, the US experienced a financial panic, most notably the panic of 1907, which highlighted the need for stabilization of the economy. So we had bank failures, which, who knows what caused that. But these men opportunistically inserted the idea of, hey, we need to centralize this whole thing so we can prevent this from happening again. 1908 through 1910. Nelson Aldrich, who was heavily influenced by banking interests, began advocating for Central Banking Reform. November 1910. A group of bankers, politicians, including Aldrich, Warburg, Vanderlip, others, met here secretly on Jekyll island in Georgia. And their aim was to craft a reform plan away from public scrutiny. So they're trying to do this without the public seeing what they were doing. Which begs the question why? After Woodrow Wilson's election, new legislation was introduced. The Federal Reserve act was drafted by Carter Glass and Robert Owen, who worked with Paul Warburg to ensure the banker's interests were represented. And then finally, December 23rd, 1913, literally. Why? What? The day before, I think Congress was already out. They were already out, already out for Christmas holiday again. By design, they want to do this when no one's looking, including Congress. The Federal Reserve act was passed by Congress and signed into law by President Wilson, which established the Federal Reserve System, which Griffin describes as a compromise between political forces and banking interests, designed to give the appearance of public control while retaining private banker influence. Okay, so that's just the timeline. Basically what happened. That was the inception of the Fed. I want to throw it over you because a lot of people would call this, actually, people did call this book conspiracy theory garbage for a long time. When I read this 20 years ago, people like, oh, that's bullshit, that's not true. You know, blah, blah, blah. Today it's taken a lot more seriously. What. And I guess you could tie in the. You know, there's also the sinking of the Titanic in 1912. I don't know if maybe we'll jump into that.
- [07:12]
Chris Sullivan
Yeah, I think, like the thing to note here. Right. So how did central banking even begin? And then why was the Federal Reserve creation even more unique? So human humanities had a few iterations. The, the first one was rule by divine right monarchies. Right. The second was literal slavery. And then the third was the, the debt slavery, which is what we've been under since the late 17th century. We've been under a debt slave system. No one is actually free across the entire planet. And what's interesting here is that these men were competitors. Warburg, his family, Max, his. His brother ran the Bavarian banks in Germany. They were Rothschild underlings. Aldrich was both connected to Rockefellers and, and the Rothschilds. And his grandson became vice president and was Nelson Aldritz Rockefeller. So, you know, these men were all connected to both the European banking houses in the New York Money center banks. And for the first time really in history, it was A collaboration to form what is a cartel. A cartel is just a monopoly that was a willing joint venture. And so that's what makes this distinguished from Nathaniel Rothschild taking over the bank of England and then their bloodline bank of France as well. So this was kind of a unique situation and because all their interest flew upwards towards the Federal Reserve. That's why our, our, their Federal Reserve is now kind of the head of the snake right outside of the bank of International Settlements. And so the Fed, instead of the bank of England, which was actually part of the Bretton woods and a result of World War II, took, took the pound off the reserve currency and brought it to the States.
- [09:03]
Robert Breedlove
Yeah, yeah. So we had bank of Amsterdam, as you said, late 17th century. This is like the first real central bank. The, this was the one the bank of England was modeled after, which was the second major central bank, dominant one in the world. And this was the one the founding fathers were escaping from. And the founding of this country, the United States was created to not have a central bank actually. And it took. This was the third attempt, right. We had three attempts at a central bank. First actually, if you'll tell the history, one of them failed, one of them was in temporarily and then the fed was the third.
- [09:39]
Chris Sullivan
The first was in 1791. And Hamilton, if you don't know Hamilton's story, he's the son of a prostitute and a Rothschild bloodline member. So he was an. And he was born in St. Thomas. He Unknowingly, this is why he let Aaron Burr kill him to a large, large degree. He unknowingly brought in the first bank of United States which was a non value based money, debt based money. And from 1791 to the expiry of its charter was 20 years. We went into free fall in the United States and you have to go find the forefathers words themselves describing the economic activity, but essentially it was confiscatory, just like it is today. But it was way more out in the open. Because here you think you have money in a bank because a screen tells you that is just pathetically incompetent and malpractice. Like we. It is so far removed from the brick of gold or the plot of land that the fact that people believe this is just mind numbing. It drives me insane actually. And in the the entirety of the Senate and Congress all said F off, we're done. What do you think happens? War of 1812 right after that expire. Oh, you guys aren't renewing charter, we're going to war and but for Russia coming to our assistance because the nations were equally Christian, we would have lost and gone under. We would have gone back to British Empire. Then they somehow create enough panic in 1819 to bring the second bank of the United States in. And this is where Andrew Jackson comes in. Because by the time he's elected to a second term where I actually have the quotes from him. Hold on. This is so powerful, forgive me for.
- [11:28]
Robert Breedlove
Not having it memorized just while you're looking that up. I mean, Chris is touching on something that is a recurrent pattern throughout history and that is every time a central bank emerges, it has to do typically with war. Typically the excuse is to finance war. So if a government's going to wage war, they typically have to pay for that from their own balance sheet. We typically use the term a war chest for something like this. But if that government establishes itself a monopoly on the currency, it can just print money, externalize the cost of that inflation on everyone else, and then therefore expand its war chest to the savings of the entire population. So it enables a country to go to war much longer, much with much more severity.
- [12:09]
Chris Sullivan
And it gets, it gets real dark. I'll go one iteration higher. This, this is, this is Andrew Jackson to the central bankers to their faces. When you won, you divided the profits amongst you. When you lost, you charge it to the bank. You tell me that if I take the deposits from the bank a null its charter, I'll ruin 10,000 families. That may be true gentlemen, but it is your sin. Should I let you go on, you will ruin 50,000 more. And that would be my sin. You are a den of vipers and thieves. I have determined to route you out. And by the eternal I will route you out. 1832.
- [12:47]
Robert Breedlove
Andrew Jackson, President of the United States, native of Tennessee. I'll throw that one in there. Total badass. And he did route them out. Actually he did, at least temporarily. He got rid of the second make of the United States and he also cleared the def. Cleared the American history.
- [13:06]
Chris Sullivan
And actually you have to go back pre Rome to find a nation that wasn't indebted.
- [13:11]
Robert Breedlove
Right. And the words he used, the den of vipers. You know, these men were very strong warriors of Christ. Basically he's, he's quoting Christ in, in that phrase. Okay, so third attempt, we get the Fed. We've now had the Fed since 1913. Let's talk about the Titanic conspiracy theory too, because I think that's just interesting. There is a theory that suggests that the sinking of The Titanic in 1912 was not an accident, but rather a deliberate act that there were dissidents to the Federal Reserve on this boat coming to this meeting. And JP Morgan was also supposed to be on the Titanic. He canceled the day before, did not get on the boat. Then the boat sinks. All the people that didn't want the Fed to happen go down with it and the Fed is established. So what do we want to say about that?
- [14:05]
Chris Sullivan
Because America was rambunctious, right? So even if you were a waitress or you were building the railroads, there was a collective consciousness of America where I can come put in my effort and control my destiny. Manifest destiny. Right. And they were distrustful of the banks because they were leaving Europe that either impoverished them under a monarch, impoverished under a central bank, or impoverished them under both, which was the case in the Netherlands, France and England and. But not Germany, which was Bavaria, because Germany didn't exist. That. And so they healthily distrusted anything centralized anyways, then it's codified first in the Articles of Confederation, then in the Constitution itself. So they were already for decentralization. And this ethos was in every Congress all the way until 1913, essentially. So when the men met here, then brought back their plans in 1910, Congress said f off and it was called the Aldrich Plan. And they're like, no freaking way are we letting private interests take over our money. But to the point on, to get to the topic on the Titanic, what I've learned about observing modern day false flags and then studying them in history. There's no wars but bankers war. I. I encourage everyone to read wars of Rocket by Smedley Butler. Why is Smedley Butler significant to this dialogue? They try. They were so impressed with Hitler that they tried to do a fascist coup in the United States, hiring famous Marine Smedley Butler. But to get back to Titanic, what, what they've always done is eliminate their competition. Even Andrew Jackson, they tried to kill him shortly after he killed the bank. They tried to kill Trump twice. Right. They did kill jfk. They killed Archduke Ferdinand in Syria and pretended that a Serbian Austria conflict was actually Germany's problem. I mean, it's just fubar. So it's not out of the realm of probability that what we are taught in schools is nowhere near an ounce of the truth and that there was opposition on that boat that was likely not even the Titanic that was murdered. And, and every, every single war that we've seen in our entire history effectively was engineered by these folks. There was not. Or like we organically did not go into Iraq The Taliban did not do 911. Yada, yada, yada.
- [16:35]
Robert Breedlove
Yeah, yeah. It's, you know, this is the what is money? Rabbit hole. To some extent. The historical part of it is dark and twisted, and you see the worst aspects of human nature. Sorry, guys, we're natural optimists, but the truth is what it is, really.
- [16:47]
Chris Sullivan
Yeah. When you know the truth, you actually can exude that natural optimism.
- [16:50]
Robert Breedlove
Yeah.
- [16:51]
Chris Sullivan
When you're kept from it, you resonate way lower.
- [16:53]
Robert Breedlove
Yeah. Until you make the unconscious conscious. It directs your life and you call it. So that's why we talk about these things. Okay, I want to just drop a few salient lines from this book just in honor of the author. One line he writes, the study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. So if you've ever heard someone talking in very complex financial jargon and not really known what they were talking about, that's by design. That's a lot of this fiat finance jargon is really designed to obfuscate and confuse people. It's kind of like the high priest of old, Right. Where they talk in a very certain language that other people didn't know. So, you know, hopefully that makes you feel a little better about what's going on.
- [17:41]
Chris Sullivan
No, you shouldn't feel better.
- [17:43]
Robert Breedlove
Well, like, less.
- [17:44]
Chris Sullivan
You should feel terrified and then angry. Like this. This is unmother. It's the greatest sin of may. Well, maybe abortion, but second to that, it's the greatest sin mankind has ever has ever done.
- [18:00]
Robert Breedlove
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- [21:10]
Chris Sullivan
Yeah.
- [21:11]
Robert Breedlove
So yeah, what would he say? Basically all currencies were a contract to gold or other monetary metal and then once you divorce that you've basically violated contract. So any business that's in the enterprise of printing money is violating the property rights of everyone that holds the money. So it's a giant criminal enterprise. He also writes the power to create money out of nothing and loan it at interest is the greatest power on earth. Which reminds me of Ron Paul saying that the power to print money is the most sought after monopolistic power of man. So that's why we get all of this darkness and temptation wrapped up around it. Because it is people in pursuit of absolute power.
- [21:51]
Chris Sullivan
Yeah, not to low frequency activity. And it's so it was so obvious to the men back then, this is what Woodrow Wilson, who was coerced into, into sponsoring this, said within three years of that passing, he said, I'm a most happy man. I've unwittingly ruined my country. The greatest industrial nation is now controlled by a system of credit. We are no longer longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by opinion and duress of a small group of dominant evil men. So I don't know what more, you know, people need to hear to just collectively put out there in the consciousness that we need to end central banking. It does nothing for humanity.
- [22:40]
Robert Breedlove
Yeah. And again, it's one of these things that has been sold to us as a solution. And it's actually just. It's the arsonist claiming to be a firefighter type of situation. Okay, let's talk about the Fed, like today. So obviously founded 1913, 1971 after, well, after you said World War II ends, 1944, we hold the Bretton woods conference. The United States, because Bretton woods, this is even gnarlier.
- [23:09]
Chris Sullivan
Bretton woods happened before the end of the war. So these J offs were so cocky that they got together and, and had a meeting, basically creating the first part of the petrodollar, but saying, all right, Winston, you're effed. Sorry, Rothschilds. Even though you own 16% of this bank were your. Your pound's not going to be the currency. The dollar is going to be the currency. And that's our trade for getting American men slaughtered in World War II, which was just a central banking war, had nothing to do with Hitler, actually very little to do with Hitler. So the only part that did was his economic miracle from 1933 to 1938, where he was competing other empires. And they, they didn't like that. And you can cite all the papers from the 1935-38 where they're calling for boycotts of German goods. That's Both World War I and World War II were, because of the German efficiency and mastery with machinery, they didn't like competition. And so what, what, what that's come into now from its first iterations at Bretton woods were 1970, Charles de Gaul from France says, I'm calling folks. You don't have the gold to back this currency that you're making us use. Well, what happened 11 months later, Nixon gets on national television, I believe it was August 14, 1971, give or take, and says, we're temporarily. Temporarily. It's decades later removing the dollars pegged gold because at that time, the peg was, was fixed from 44 at 35 bucks an ounce.
- [24:45]
Robert Breedlove
Yeah.
- [24:45]
Chris Sullivan
And, and that's really what caused the hyperinflationary. Some of you were alive in the 70s. That was one of the worst periods in, in human history. Now we're, we're catching up to that and we're about to have another big hyperinflationary wave.
- [25:00]
Robert Breedlove
Set us up for the savings and loan crisis of the 80s, which was stroke a pen. Right.
- [25:05]
Chris Sullivan
All of this cartelism is all about eliminating competition and confiscation of assets.
- [25:10]
Robert Breedlove
Yes. Yeah. So 1944, the United States rewrites the banking rules. Sounds like before actually the end of the war. Yeah.
- [25:20]
Chris Sullivan
Global commerce rules.
- [25:21]
Robert Breedlove
Yeah. So the United States and the Fed become the central bank of the earth, effectively by making the dollar redeemable for gold and all other currencies pegged to the dollar. Right. That system persisted until 1971 when Nixon said, you know what? Enough people ask for their gold. He said, no more gold redeemability. And we go onto this fiat standard temporarily that we're still on 53 years later. And so when currency cannot be redeemed for gold, then governments can print it ad infinitum. So it's like it's a perpetually violated contract. It's a confidence game. It really is just a pyramid scheme ultimately. Right. It's a video of a New Zealand central banker, I think, where he says, central banking is a great business. We print money and people believe it.
- [26:05]
Chris Sullivan
Right.
- [26:06]
Robert Breedlove
And that pretty much sums it up. It's like if you believe it and you hold it in the bank, then it, you make it real. Right. That is the reservation demand that gives it value, but underlying that value is actually nothing whatsoever. No gold, no energy, nothing.
- [26:20]
Chris Sullivan
Yeah. It. And it. You're right to feel uneasy if you're not thoroughly versed with this space. But it's, it's, it's so obvious that once you resonate with this truth, all of the other things that have spawned out of this, you know, Satan was basically birthed right here, like spawn of Satan will then become apparent. Like the hundred thousand plus chemicals that RFK is going after here in our food. The, the fact that they've convinced women that killing a baby is health care, like, and that there's not a middle that's reasonable and responsible. The fact that we have wars, that we haven't declared a war since Vietnam and we've been all over the world not for the purposes of the American people, but for the interests of these men and their offspring, because these men, their offspring, still own that bank. And then the money center banks like JP Morgan and Citigroup, who also are shareholders in the Federal Reserve.
- [27:22]
Robert Breedlove
Yeah. Social media censorship, all the distortions in food and healthcare, and basically every industry that uses the corrupt money becomes corrupted and distorted somehow. So this is why I think we're beating this drum so hard. It's like, hey, bitcoiners say, fix the money, fix the world. And there's a lot of different avenues we could go down. Let's focus on something really simple. How does central banking and fiat currency affect wealth distribution inside of. Let's just focus on the United States. But any. Any nation, for that matter.
- [27:56]
Chris Sullivan
That is. That is where the proof is in the pudding, as they say. So the people closest to the spigot. Let's go through the mechanics of how central banking even works. Let's say Robert is the treasury and I'm Daddy Fed. You come to me because Congress blew through their billion they had last week. And you come to me and say, fed, I need another billion. And the Fed gets out the checkbook, write it, and guess. Guess what conjures it into existence. Me. Signing the check, give it to treasury, treasury then deposit it, deposits it at one of 12 member banks. You might ask yourself, why is there 12 banks? That's part of the sales pitch that occurred in 1913. Oh, it's not just a Wall street bank because people, as they do today, hate Wall Street. Right. And even though hedge funds. Not the really right word. I run private fund. I'm not part of Wall Street. I'm from Florida. So don't, don't hedge fund. Don't, don't.
- [28:56]
Robert Breedlove
Ex Wall Street.
- [28:56]
Chris Sullivan
Yeah, Ex Wall street recovering. That's actually what made me want to start my own company. But. So once the check is deposited in one of the 12 Regional Federal Reserve banks, then treasury says, all right, I got to pay military, I got to pay contractors. And then it goes from the Federal Reserve banks to the commercial banks. Bada bing, bada boom. We just created money out of nothing. No, that is the mechanical process. That is with it backed by gold, by the way. Did that answer the mechanical question?
- [29:31]
Robert Breedlove
Yeah, Well, I think it's a good.
- [29:33]
Chris Sullivan
I can keep going.
- [29:33]
Robert Breedlove
It's a good start. But it's the. The wealth distribution is what we want to focus on, so.
- [29:37]
Chris Sullivan
Oh, yeah.
- [29:38]
Robert Breedlove
And the important point here is that the money is not the goods, it's not the stuff. So when they're conjuring it out of thin air, they're not conjuring any goods out of thin air. Well, they're conjuring is the ability to buy more goods handed out to certain people, the contractors and military that you describe. And then as that money enters wider circulation, the people that get it last are basically paying the bill. So it's stealing from the poor and the middle class to give to.
- [30:03]
Chris Sullivan
At interest. At interest. Right. So it's, it's really. Sorry. I get so. Forgive me, I'm Irish and Italian. I get so enraged by the fact that this, that this even occurs. I, I told my son who's 11, who's coded video, he's a freak, way smarter than his dumb redneck dad, what this system was. He's like, who would ever agree to that?
- [30:26]
Robert Breedlove
Yeah.
- [30:27]
Chris Sullivan
And it. So through that passion I got, I got lost in my own matrix, literally. You can go on the St. Louis Federal Reserve Board site, even though the data's semi bullshit, and see that the wealth divide has gone like this. It's made an all. There's an all time delta between even the senators of Rome and their slaves. The multiple of wealth and the closest to the spigot commands the purchasing power first. The furthest from the spigot foots the bill. And, and what we have been trained by the media to think is that the cost of things is going up, when in fact, no, the purchasing power is going down. One ounce of gold can buy a suit, shoes, a belt, just like it did when it was $35. Now it's 1910.
- [31:13]
Robert Breedlove
Yeah.
- [31:14]
Chris Sullivan
Cost of production and goods actually stays constant. Yeah, that's, that's a misnomer that even most Keynesian economics folks speak.
- [31:23]
Robert Breedlove
Yeah. So to, TO D cipher that money is a representation of goods and services. So if you print more of it, you actually create the illusion of there being more goods and services than there actually are, which pushes price up. Yeah, but that signal doesn't propagate until people actually spend that money to buy stuff. And whoever gets that money first then benefits by buying cheaper stuff before the prices get bid up, when the money's circulated more widely. So what we're saying is this is taxation without representation, without legislation, without anything. Right. There's no due process.
- [31:59]
Chris Sullivan
A hybrid of, of theft and taxation.
- [32:02]
Robert Breedlove
Yes. Yeah, but done in a way that is, gives the government plausible deniability. Like when you have Joe Biden on.
- [32:10]
Chris Sullivan
A Super bowl, the Fed is in the government.
- [32:13]
Robert Breedlove
Well, okay, but what I was going to go with is Joe Biden on the super bowl saying, oh, I love ice cream. I can't Believe the price of ice cream has gone up. It's these damned ice cream producers that keep increasing their prices. Vote for me and I'm going to pass a law that says they can't increase the prices. Like he can get away with that because people are stupid.
- [32:30]
Chris Sullivan
They're stupid and, and really like if we want to get to sound money, a bitcoin standard and peace and prosperity, people got to wise up. Like the reality of it is, is, is like, you know when, when Congress signed, when the founding fathers signed the Constitution, there was woman outside that asked John Adams when he came out, what have you got for us, Mr. Adams? And he said, a republic, if you can keep it. Well, clearly we failed miserably at keeping our fucking republic. And we got somebody wasn't even elected running for president. I mean, it's just mind numbingly insane. So in order for us to really have material change, people have to be aware of mechanics and not, not necessarily trust, distrust, believe, not believe, but just be conscious. Here is how it works. And we can do better than it's currently doing.
- [33:22]
Robert Breedlove
Yeah, it is a mind game ultimately. Right. And it's based on people's belief in something. If that belief is expressed by holding it, if you hold dollars in your savings, then you're energizing a system that is designed to deceive and steal from you and wage.
- [33:35]
Chris Sullivan
And everything's correlated. That deception. The reason fluoride is in the water, the reason that you see the white stripes sprayed in the air, is to make you dumb, infertile and docile. Yeah, it's all correlated upwards to this evening.
- [33:48]
Robert Breedlove
Make you a nice obedient taxpayer.
- [33:51]
Chris Sullivan
Low T. Cuck.
- [33:52]
Robert Breedlove
Yes.
- [33:54]
Chris Sullivan
I couldn't help it. Sorry.
- [33:55]
Robert Breedlove
All right. Okay. In one of our previous conversations you said that basically it's absolutely true. Essentially every war. You said this. Every, essentially every war since the battle of Waterloo, which is June 1815, has been a banker's war. War.
- [34:12]
Chris Sullivan
Yeah.
- [34:13]
Robert Breedlove
I don't think anyone likes war. This seems to be like a universal thing humans can get behind. Hey, war sucks. What is the connection between the corruption of money and war?
- [34:24]
Chris Sullivan
So this, this sort of marrying of church and state, right, where it's this quasi governmental function. Every government actually likes a central bank, Right? How does a bartender from Queens or Brooklyn, wherever the hell she's from, go from 0 to 28 million in less than five years? Everybody knows who I'm talking about.
- [34:45]
Robert Breedlove
AOC, right?
- [34:46]
Chris Sullivan
Because of the central bank. Because then there's lobbyists.
- [34:50]
Robert Breedlove
And how does Nancy Pelosi earn a $75 million.
- [34:53]
Chris Sullivan
We just break the law. Insider trading. Yeah. So why. Because that may, that, you know, awful marriage, it, it allows the central bank to force action on the government. Oh, you're gonna go put a central bank in Nicaragua? Oh, Saddam has his own gold backed currency and he wants to trade oil and euros. You, we're coming after you. And, and even W goes, well, he didn't really have WMDs, and they weren't, they didn't do 911, but we had to go get him because he's bad. Oh, democracy, even though where we sit now is not a democracy, we're a republic. So it is 100% correlated L from 1776. Really? And then once the bank of England was taken over, and then once this, you know, creature took over the United States every. Can anybody name a world war that occurred before World War I? No, you cannot. Why? Because the central bank created it. Literally. Does anybody know the start of World War I? One year almost to the day after this was signed?
- [35:59]
Robert Breedlove
No. And to the day.
- [36:03]
Chris Sullivan
Wait a minute, you're going to tell me. Sorry, I can riff for a long time.
- [36:08]
Robert Breedlove
No, no, it's. It's important. Right. You know, I think people. This is the thing. I would imagine if people understood this, there would be. Henry Ford has that great quote right, where he says, if people understood the mechanics of the banking system, there'd be a revolution before tomorrow morning.
- [36:24]
Chris Sullivan
And the only reason I'm even here. I love you, obviously, but the only reason I'm here is to create that revolution, bar none. And if we don't have the faith and the strength to do it, then you deserve to be debt slaves. It's that easy. And, and I'm gonna speak to truth, to power, while I'm alive. And because I've got kids and I don't want them to suffer under this.
- [36:43]
Robert Breedlove
Yeah.
- [36:43]
Chris Sullivan
That converted me to Bitcoin. This, this awareness, when I saw it, like, oh, poof. Got it.
- [36:49]
Robert Breedlove
Yeah, well, that's the thing, because there have been revolutions. This country was founded in one of them. Right? We did have the bloody revolution against this force. We did. We won. We dispelled it. It was gone from 1776 until 1913. But guess what? It's back.
- [37:06]
Chris Sullivan
Right?
- [37:06]
Robert Breedlove
And it's. Once it sticks, there's no getting rid of it. It doesn't seem like, I mean, historically, I don't think a country's ever. Once they've started debasing currency, that society disappears eventually.
- [37:17]
Chris Sullivan
You, you want to learn some like, media tricks that they did. So in, in 1910-1913 they were like, oh, disrupt the money trust. That was a famous word phrase. And they had the, the, the octopus over all three branches of government. And now they've convinced us stuff's too big to fail. Oh, Elon and Vivic, they're going to fire 75% of government. Like that's a bad thing. Right? It's, it's this propaganda where it's funneled by them. They own every single agency other than Infowars, basically. And that was an extreme example obviously. But. Huh.
- [37:52]
Robert Breedlove
And whim.
- [37:53]
Chris Sullivan
Yes. I'd like them to try and that way we could just take them out. So you, you really got to again unlock the first step and then all the things else will relieve themselves over time. And it's, it's just there's no area that you can look at that they don't own control or want you to have their opinion of it.
- [38:17]
Robert Breedlove
And the money is the linchpin to the whole thing as, I mean, that's obviously the theme we keep revisiting. If you take away the control over money, then none of this other control is possible or maybe it's at least radically inhibited.
- [38:29]
Chris Sullivan
Well. And they're, they're the most confident they've ever been right now. Has anybody seen the montage of all the news anchors across all the countries when they had covered. And they literally are saying the same exact lines.
- [38:41]
Robert Breedlove
Right.
- [38:42]
Chris Sullivan
If there was any doubt that they.
- [38:43]
Robert Breedlove
Don'T own a threat to our democracy. Right.
- [38:46]
Chris Sullivan
That's right. And you're like.
- [38:48]
Robert Breedlove
And again, we're a constitutional republic founded as a constitutional republic, a constitution, an enumerated list of things the government can never do to you. And a republic is low central state power, High local state power.
- [39:01]
Chris Sullivan
Correct. State's right.
- [39:02]
Robert Breedlove
But once you put in the money printer, the central state becomes big. Local states become small by comparison.
- [39:07]
Chris Sullivan
And that even happened at the national bank and State bank that, that battled all the way until this.
- [39:13]
Robert Breedlove
Yeah.
- [39:13]
Chris Sullivan
The last iteration of state banks putting up a fight was 1987-1991, where the stroke of a pen changed the regulatory requirements for savings and loans. Not only did it bankrupt the banks, but it actually called the notes on all the homes of the people who had mortgages with those banks. And some of you are plenty old enough to remember that. That. And that was by decree. By decree. So this is really in the, you know, grand scheme of the timelines of history. This is extraordinarily short window that we've really fubar the whole planet or allowed them to fubar the whole planet.
- [39:48]
Robert Breedlove
Yeah, sound money has more or less been the norm of human history when you look at it over 5000 years, but the past 100/ish years have been kind of an anomaly. We've had a couple of other anomalies historically, but over the broadest scope we've been a sound money society. One of my highest health priorities is keeping my brain in top shape. To take care of my brain power, I do many things such as striving to read, write, exercise and meditate daily. One of the latest tools in my brainpower toolkit is Mind Lab Pro. Mindlab Pro is a nootropic supplement that is scientifically proven to enhance your brain power. When I take Minelab Pro, my mind feels like it has a better grip on the world, my thinking is more lucid and the articulation of my speech is radically improved. Mindlab Pro has been tested in rigorous double blind placebo controlled human trials and has been proven to enhance brain power for users in every age group. Mindlab Pro is an advanced formulation of 11 nootropic ingredients and is backed by research from over 1400 human trials conducted over the past 32 years. So if you're looking to enhance your brain power, Mindlab Pro is an excellent solution. Go to mindlabpro.com BreedLove to start enhancing your brainpower today. Again, that's mindlabpro.com BreedLove do you think you know who will win the presidential election or how many seats the Democrats or Republicans will win in the House or Senate? Well, there's finally a legal way to bet on the outcome of these elections via a platform called Kalshi. Kalshi is the first legal exchange where you can bet on any event, including but not limited to elections. Kalshi has markets on who will win the presidential election, who will control the House and Senate, who will win swing states and more. Kalshi is already being used by hundreds of thousands of people and has facilitated over $1 billion worth of trades. Let's take an example. Right now Trump and Kamala are trading about 50 50, meaning you can place a bet on either and you will double your money if they end up winning. That's pretty good. And Kalshi has hundreds of markets just like this for you to go and play in. So go to kalshee.com breedlove today to start playing in this predictions market. The first 500 traders who deposit $50 will get a free $20 credit. Again, that's kalshi.com K-A-L-S-H-I.com Breedlove let's talk about the JFK assassination. I get. So let's say this first. When you put savings in gold or in Bitcoin, you're basically putting purchasing power outside of this system. So you're taking energy out of the fiat machine and putting it literally in natural money, let's say a commodity money that cannot be printed or controlled.
- [42:46]
Chris Sullivan
Value based money is probably the best way to.
- [42:48]
Robert Breedlove
Yeah, so that is basically a vote of no confidence. Right. If a government is mistreating people, then if they're printing too much money or they're abusing them in whatever way, people could sell the currency, take the gold, go to where they're treated best. This is a mechanism that kept government honest across time. This is what's been attacked and broken. Basically. Bitcoin offers us something else. I say all that though to set up the JFK assassination story because June 4, 1963, John F. Kennedy is assassinated. And this was three months after he signed Executive Order 11110 where he was basically had to do with transitioning power away from the Federal Reserve and to the national Treasury. He think he was going to give the treasury the power to issue silver certificates.
- [43:39]
Chris Sullivan
Actually 4.51 billion of silver certificates. Certificates were issued in the almost four full months.
- [43:46]
Robert Breedlove
Right. So what can we say about that time in history, the JFK assassination. What did it have to do with the corruption of money?
- [43:54]
Chris Sullivan
The first lesson is that it echoes Abraham Lincoln. Can anybody name what Lincoln did that the central banker banksters did not like? Come on, Slaves had nothing to do with the Civil War. And he really didn't because we're the debt slaves. So he did the Greenbacks.
- [44:16]
Robert Breedlove
Right, which was a national currency, not a central bank currency.
- [44:20]
Chris Sullivan
Exactly. So the money trust out of England hated that. And so much so that the central banks in both England and France were seriously considering invading America and backing the Confederacy. This is easily found. Nothing that I'm saying is my original thought, by the way. I'm regurgitating the information of first or second hand folks who wrote, you know, beautiful novels and or periodicals of the time. This is has no subjectivity whatsoever. So JFK echoes Abraham Lincoln because it took, I think almost five years after they assassinated Lincoln where all those Greenbacks that were in circulation that recapitalized America, which helped him win the war against the south were gone. You can't find him anymore. And so same thing, because they were all sensitive like, oh, if JFK tries to do what Abraham Link does. Oh, whoops, he did it. We can't let that happen. And similarly, it took four or five years for them to get these silver notes out of circulation after, after 1963.
- [45:30]
Robert Breedlove
63. So he, he was giving people access to honest money, and that is not good for a dishonor.
- [45:37]
Chris Sullivan
And he made a famous speech about secrecy, which was literally talking about exactly what happened.
- [45:41]
Robert Breedlove
Yeah. Okay, I'm jumping around here because we don't have a ton of time, but I want to jump to today. We just elected Donald Trump as the next President of the United States. A lot of people take this guy to be a JFK like figure that he's actually gonna take it to the establishment and try to restore power to the people in various ways. Do you want to talk a little bit about what parallels, if any, you see between JFK and Donald Trump?
- [46:12]
Chris Sullivan
They're both womanizers, and that's a compliment. JFK and Donald. But I, I think Donald may. So I, I would argue John was maybe more courageous before this than Trump. Now that Trump's been had assassination attempts, I think now, now they're kind of equally matched historically. But I think John was a little more courageous and, and verbose. Like, you don't hear Donaldson and the Fed when he knows damn well we need to end the Fed. Like, Don's way more experienced in finance, econ, real estate, financing structure, financing derivatives. He knows exactly what's wrong. Whereas John F. Kennedy Moore was speaking about the top down versus the bottom up.
- [47:06]
Robert Breedlove
Trump is saying end income tax. All right. Or at least Florida.
- [47:09]
Chris Sullivan
Yeah, well, income tax. This is funny that you pointed out 16th amendment was only ratified by five states, not all 50. So both the IRS and the taxation of our, of our people is, is non constitutional. Moreover, if I'm going to argue a moron lawyer from Harvard when they say, oh, we have an amendment that says it is. Well, you had to amend what the forefathers wanted. The, the, what the intention was was right there in the Articles of Confederation and the Constitution. And in no founding document did they say tax the people. So it's very, very clear that on a cursory look of history, you can find that Data and that 2003, a case that has my last name on it, Sullivan v. Something that went to Supreme Court. They literally said the 50 states didn't ratify the 16th Amendment. It is currently sitting there where we're all chart, you know, getting taxed out the wazoo when we actually don't have to pay it.
- [48:05]
Robert Breedlove
It's not constitutional.
- [48:07]
Chris Sullivan
It's actually they can legally collect.
- [48:10]
Robert Breedlove
Yeah.
- [48:10]
Chris Sullivan
And there are certain lawyers in the country who have successfully combated this through not filing 1040. I'm not an, I'm not an expert anything, but I'm not well versed enough to speak on that. But those who have combated that have actually won and there's some precedent there.
- [48:25]
Robert Breedlove
Yeah. So Trump rfk. Some people think Trump is one of these new founding father esque kind of individuals, that he is actually going to shake the tree and refresh the tree of liberty and all of this stuff. Where do you sit on that spectrum? Do you think he's going to stay true to his promises? Are his promises radical enough to get things done? As you said, he's not mentioning in the Fed. So what are your views on Trump and let's say the next four to eight years in the U.S. do you.
- [48:58]
Chris Sullivan
Want my subjective or objective?
- [48:59]
Robert Breedlove
Objective, you take it whatever direction you like.
- [49:03]
Chris Sullivan
So I'll start with subjective. I tend to lean towards that, that we are right to have hope, we are right to trust a process of what seems to be very talented people getting together for the public's best interests. Thankfully, there's a element of what the forefathers called disinterested. Oh, George Washington, you don't want to be president. You're president. Right. Where Elon Vivek, a lot of the people here, rfk, they don't need to do this. Donald doesn't need to do this. Right. I'd rather be hanging out with Melania all day.
- [49:38]
Robert Breedlove
Right.
- [49:38]
Chris Sullivan
I mean, so that is something that we have not seen in our government system since I think it ended with John Quincy Adams, the son of John Adams, that was the last president that was disinterested. So that's unique. I, I think that's pretty epic historically, objectively, until I see some train wrecking and bulldozing occur, I, I will err on the side that these folks aren't going to go quietly.
- [50:09]
Robert Breedlove
Yeah.
- [50:10]
Chris Sullivan
And there has to be a very, very real strategic dialogue with the American people about how this transition is going to look. Because if we're ever going to get out of it, guess what has to happen first, folks? A major fourth turning and a gigantic crash. So we all have to collectively suck it up and destroy the credit system. And I've got a version of it I really don't want to say because I'm already on all the lists. Well, I'll put it out there. If I were Donald, the, the main way to do this clean would be, and thank God we have bitcoin to say to the central banks of the world because it can't just be an American phenomenon, this has to be global. And we can start here. And then we essentially lay out the playbook and the rules of engagement, don't impose it via military anymore, but through, through great truth and sales process bring everybody to the table. We honor the amount of debt that's owned by investors and we default on the debt that's owned by central banks. Right now it's about 9 trillion treasuries and about another 1112 trillion of CMBS, MBS and ABS securities. And that can be done with the stroke of pen effectively. It's not even there anyway. So it's literally like going, sorry, Jay Powell gone. And nobody will really even know the difference because it's not actually contracting the money supply. Kind of smart, eh? And if we did that, that roughly 35, 38% of euro, Japan, I don't know China, because their books are worse than our fake books. But if you say that we've then given ourselves a reduction from 36 trillion down to maybe 25 trillion of debt, we can get to a realistic payoff by collateralizing that debt with bitcoin. And I think that's probably the cleanest, easiest way without bankrupt, you know, without really causing a multi generational depression, which is how this is supposed to work. You can't just float infinity everything and there not be any pain for it. It's like I'm going to do 10 kilos of coping. I'm never going to come down off of it. Oh, you died, right? You can't do that and not have the other side of the equation.
- [52:33]
Robert Breedlove
It's funny, but it is. The analogy to a drug is very good actually because the printing of money is like, they literally call it stimulating the economy. It's a stimulant for the economy because you create that illusion that there's more goods than there actually are.
- [52:46]
Chris Sullivan
And they use words like elastic, flexible currency.
- [52:48]
Robert Breedlove
Yeah, but yeah, we've been on this stimulant for 50 years straight and it, you know, the whole organism is basically pathologized as a result. You brought up bitcoin. Obviously we have to talk about bitcoin. There's already legislation being written and I don't know what stages it's in, but the United States, Cynthia Loomis, as you said, has written it that the United States is going to be buying tens of millions of dollars of bitcoin per day, every day for the foreseeable future for five years. So if that happens and the United States government starts stockpiling bitcoin, what is that going to. How are other nation states going to respond competitively? What do you expect to play out as a result of that?
- [53:32]
Chris Sullivan
Well, again, it's, it's always like multifactored answer. It's going to force other countries to the table to do that. Right. At what magnitude will be up to them. But it's, it's akin to petrodollar. Like the beginning of the petrodollar, all the export. This is how we've avoided inflation largely in the United states in the 90s and early 2000s. All the countries had to ship in agriculture, energy products and natural resources where our, our industrial manufacturing base was gutted and sent offshore to basically do this. So it will key off something like that that will benefit both the constituent consumers of those countries and in the United States as a superpower. What I don't like about. Right. And this is something I'll. Does everybody know what the stock market is? Do we know what stock buybacks are? All right, what I don't like about stock buybacks is if. What's your favorite company in the world?
- [54:29]
Robert Breedlove
My favorite company in the world.
- [54:31]
Chris Sullivan
Publicly traded.
- [54:31]
Robert Breedlove
Just let's go with Microstrategy right now.
- [54:35]
Chris Sullivan
He's a bad example because he's doing exactly what.
- [54:38]
Robert Breedlove
Well, you need a bad company.
- [54:40]
Chris Sullivan
No, he's actually doing like the solution is really cool. But let's use.
- [54:45]
Robert Breedlove
Let's go with Coca Cola. Coca Cola need a bad company. There you go.
- [54:48]
Chris Sullivan
All right. And Nvidia. All right, so they go in with leverage to buy back their stock. Right? Well, I like Nvidia. I love Nvidia. I was in the ipo. I actually recently sold it because it's overvalued. I don't want to have to compete with them to buy the shares of the company that I want to invest in. So where is the middle ground here where you have what we would call agnostic, don't give a shit money. And then, and then the common folks who ought to have a satoshi or two. Right? So is it fair for the government to buy 200,000 a year for five years, drive the price up to shit? I can't even handle that. It'll be like 10 million. I mean, it's going to be retarded. But I think there's, there has to be a dialog of what's responsible and reasonable because that, that's just, that's just as unfair as the Wall street system is.
- [55:45]
Robert Breedlove
There anything we can do to stop it though? I mean, once.
- [55:47]
Chris Sullivan
I'm just saying I want a dialogue.
- [55:49]
Robert Breedlove
Yeah, yeah.
- [55:51]
Chris Sullivan
Well, you. You say that that wallet is n percent pro rata of every constituent consumer in the United States. That's how you fix that. See, we have to talk about it and then I'll think of something smart. Yeah, there you go. That's how you fix it. Done.
- [56:06]
Robert Breedlove
Yeah, it sounds like a very elegant solution, but not something that government would probably employ.
- [56:12]
Chris Sullivan
Yeah, but we're already maritime, admiralty, love chattel via our Social Security number. Right. So that's how you would sync it up to a pro rata ownership of that wallet.
- [56:22]
Robert Breedlove
Okay.
- [56:23]
Chris Sullivan
Right.
- [56:24]
Robert Breedlove
No, I mean, I agree that it's fair. Of course, if the country owns it, then technically the citizens of the country should own the thing pro rata. But what. Okay, but more immediately US starts buying a ton of bitcoin. You think other nation states will also just emulate the strategy? And then what we get into nation states around the world stockpiling bitcoin, and that does what to the bitcoin price?
- [56:46]
Chris Sullivan
Just silly. But I then get concerned about power at that point where, you know, because not everybody wants peace and prosperity. Right. So I would be most concerned of doing a modality that is repeatable, scalable and transparent. Here in the United States with the window figure, figure. We have two years until Congress Fs this up three ways from Sunday to get everything done that we need to get done. Let's focus here and not be as concerned with the fallout of other nations.
- [57:23]
Robert Breedlove
Okay? So say that happens, nation states start stockpiling bitcoin. Bitcoin obviously is going to monetize much more quickly as a result of that. That's also going to sunset money printing as a thing. Right. Bitcoin is going to reach a point where you can't because the more you print money, the more it's going to pump the bitcoin price, the more people will buy bitcoin and therefore you will not be able to print money anymore. Basically, all the fiat currencies will hyperinflate and no longer be useful. So what does that mean? I mean, that's a good thing, right? If we talk about corrupt money causing all of these bad things, all of these cascading effects that you've described, right? And the food and the healthcare and morality, et cetera, what does incorruptible money, if we can call bitcoin incorruptible money, what are the cascading implications of that?
- [58:14]
Chris Sullivan
So I always like referring to bitcoin as the apex predator money. Whereas this is like the douchebag cuck money, this is bitcoin's the apex predator money. And it, it essentially the offshoots will be the inverse of geoengineering, the inverse of bioweapons disguised as vaccines, the inverse of GMO 100,000 chemical poison, blah blah, blah, the inverse of, of fluoride, the inverse of murder as a healthcare practice. And it just will transcend everything. And I think it will create both a philosophical, a spiritual and probably a gigantic educational renaissance where we rediscover some of the history that they have not yet destroyed and create a lot of immense peace and prosperity. Because if you get the debt monkey off people's backs, you're not going to have depression anymore, you're not going to have malnutrition. And without the belligerency of the Pentagon and NATO at all, and Israel and China just, oh, we're just going to blow everybody up, like people will have time to think again.
- [59:27]
Robert Breedlove
I've heard it perhaps best described as a spiritual crime.
- [59:32]
Chris Sullivan
Well, you're extending your time preference, right? Yeah, and that and sorry, no, no.
- [59:37]
Robert Breedlove
No, no absolute time preference is connected to this, right? The lower your time preference, the larger your spirituality in many ways, right? You consider how do my present actions impact me and others across the widest possible set of time, right? You're actually thinking intergenerationally ideally rather than quarterly, as we do in fiat world. So if fiat currency corrupt money, central banking is this gigantic spiritual crime, what does the other side of that look like spiritually to you? What does this mean? I think this is why this is so hard to talk about, that the word spirit's hard to define. It's not actually woo woo. It's it's. I've heard it described as the pattern that propagates independent of substrate. So the pattern that's going through all domains. And that's why I think money's hard to describe because it's kind of spiritual in that way. It's going through all domains.
- [60:27]
Chris Sullivan
You could call God as reality personified, right? And spirit reality personified. But I think what you're getting at is, is when we look at the Enlightenment and in the actual Renaissance period, right? Those are good examples. This will probably be better than that because they still had coinage fiat money back then. You'll see immense art, you'll see the Tartarian style buildings come back. And I hope you guys know what I'm referring to. You'll see probably much better music because Lord knows it's not music now. I don't even know what's happening. So I, I think those are like the, the immediate ancillary benefits. But you'll get poets. All of that's an offshoot of that, that time preference change. Right. When I'm panicked because I got to pay a bill and I know I got to use the money I'm getting because it's going to, it's going to inflate away. I'm not worried about, you know, pointillism of lily pads beauty. Right. Like Monet would do. Right.
- [61:24]
Robert Breedlove
So you expect to see another renaissance.
- [61:27]
Chris Sullivan
Either they're all about to kill us between now and 2030, which is written in UN Agenda 2030, or that happens. We can't. I mean, I just don't see any historical example where there's not that. When you have low time preference harmony and peace.
- [61:46]
Robert Breedlove
Well, it's very sharp fork in the road. I hope we choose the beautiful path.
- [61:53]
Chris Sullivan
It's up to the consciousness of all of humanity.
- [61:55]
Robert Breedlove
Yes.
- [61:56]
Chris Sullivan
It's not up to them. That's the beauty of this. It's up to the consciousness of humanity.
- [62:01]
Robert Breedlove
Right? Yes. And we must be as gentle as doves, yet as wise as serpents to navigate what's ahead.
- [62:08]
Chris Sullivan
And instead of it just being American said by Patrick Henry. It's a tree of liberty. Must be refreshed in blood of patriots and tyrants globally. If the patriots want freedom, they get it because these men can't fight.
- [62:19]
Robert Breedlove
Yeah, well, you are correct. Historically, I guess I do hold out hope that Bitcoin is somewhat of a bloodless revolution. It is unique in so many other ways and so far so good. Good. By the way, it is the best performing asset in human history and it hasn't harmed anyone other than these guys and their descendants. Before starting the what Is Money Show, I spent most of my career as a CFO overseeing internal technology implementations and business acquisitions. Over the next 10 years, it is projected that over 12 million businesses in the US will be sold. If you are an operator running a business generating between 5 and $200 million of revenue and you're considering selling your business within the next decade, then there is a significant opportunity for you to deploy technology to streamline business processes, reduce operating costs and enhance the multiple your business ultimately sells for. To this end, I am partnering with the team at Emerge Dynamics, a firm with decades of experience in maximizing the value of privately held small and middle market businesses. Go to emergedynamics.com breedlove to learn how you can build an Attractive high multiple company that maximizes your return when you fully exit. Again that's emergedynamics.com breathlove this December 17th to 21st, 2024 join me on the Pacific coast of Mexico for our men's retreat the Art of Alpha. At this world class retreat center we will have daily meditations, movement practices, yoga, cold plunging infrared, sauna and many other biohacking modalities. All while enjoying world class cuisine. Designed for optimal full body health. The retreat center is a gorgeous biohackers paradise located right on the ocean. You can think of this place as a nervous system reset facility. At the Art of Alpha we are seeking men who wish to cultivate freedom, wisdom, sovereignty, physical fitness, truth and love in themselves and in those who look up to them. If you've always felt motivated to push yourself to new limits, to discover the best version of yourself, but you've struggled to find the right community to immerse yourself in, then the Art of Alpha is for you. To apply to join the Art of Alpha go to breedlove events.com again that's breedloveevents.com to apply to join us for the Art of Alpha on the Pacific coast of Mexico this December 17th through 21st, 2024. How about some Q and A?
- [64:57]
Chris Sullivan
Sure.
- [64:58]
Robert Breedlove
Didn't have any questions about the Fed money, The spiritual crime that is fiat currency, the years ahead?
- [65:08]
Chris Sullivan
Really? Okay, thank you. Don't you think that once you take Bitcoin as strategic reserve then you can issue as much can print as much data currency as you want? Because I am stabilizing the printing the devaluation of the dollar with the appreciation of the reserve.
- [65:36]
Robert Breedlove
No, I don't think so.
- [65:37]
Chris Sullivan
It's not correlated.
- [65:38]
Robert Breedlove
People take self custody of the bitcoin. You can only play that game if they hold the bitcoin well.
- [65:42]
Chris Sullivan
But use, use, use the examples you're citing. All right. Before Biden depleted our strategic petroleum reserves we had that had no, no correlation to the price of oil. Same with gold. There's no correlation. Even the central banks buying gold, there's no correlation to it. So you it it first off you make it a bank central bank reserve. Right. And, and the mechanical function separate there. And that's why there's no correlation theoretically. I get what you're saying. Oh, if everybody knows we have a number of Bitcoin, we can just go girls gone wild printing. Sure, but that's a, a subjective potentiality, not a mechanical one.
- [66:25]
Robert Breedlove
I mean the way I would break this down is like if you're actually printing Money to drive up the nominal price of Bitcoin. You're printing money to steal from savers and dollars to acquire bitcoin on the marketplace market at the market price. So you're still monetizing Bitcoin. Right. The purchasing power is being moved from dollars into bitcoin. So I don't think it creates. It may create some opportunity for governments to manipulate people to the extent that they hold a large reserve and don't give custody to people. But to the extent people take self custody of the bitcoin, the illusion is popped.
- [66:57]
Chris Sullivan
I think that's your concern is that misplaced incentives? Yeah. And that that's a human thing, not an asset thing.
- [67:05]
Robert Breedlove
Well and this is, I mean it is a kind of a moral conundrum. When you print money you are stealing.
- [67:10]
Chris Sullivan
Gold's actually worth only what we say it's worth. Right. Same with oil except oil actually creates energy. So I'd argue oil is infinitely more usable than gold. But the mechanics of corruption are human, not an asset. Well these people have been known to corrupt communications especially and the way they message yeah it's gonna be this way. I think the way you do it is you have to get rid of central banks. You can't let the Fed through their open market operations which were authorized in 1935 go out and buy bitcoin.
- [67:44]
Robert Breedlove
You also can't stop them that they've.
- [67:47]
Chris Sullivan
Been shorting it constantly since its existence. So I, yeah I don't think they're going to flip that mandate. But nonetheless that is a human condition to be concerned about and to have a dialogue about. How long do you think this ponzy scheme will continue to like. How much do you keep doing unto people? Oh, forever. Forever. The number the 35 trillion, it might as well be 100 quadrillion. It was 25 literally three years ago. Three and a half years ago. Yeah, exactly. So it can go on so long as the people believe in will not end until roughly 30%. Some I can't like in the back in the day was 8, 9%. Call it 30% of the world has to say you're it'll keep going until that happens.
- [68:35]
Robert Breedlove
Now my last question. I'm sorry, can I answer your question Because I have a perspective on this. It's a race actually. It's a race between the money printing which is stealing purchasing power from savers and it's a race between technological advancement that unlocks more purchasing power. So as technology outruns inflation like the money printing can go on longer and longer and Longer.
- [68:56]
Chris Sullivan
Right.
- [68:56]
Robert Breedlove
But when the inflation outruns the productivity and people start getting hungry, you have riots in the streets. That's when the currency fucking fails. So it's. This technology is amazing. It's unlocking productivity. But unfortunately there's a weird side effect that it extends the Runway of fiat currency and money printing.
- [69:12]
Chris Sullivan
So. Good question. Thank you. The GDP of BRICS apparently now is.
- [69:17]
Robert Breedlove
Bigger than the G7 nations.
- [69:19]
Chris Sullivan
That's the last current thing I heard. Obviously they don't like America and they want to get off the dollar standard.
- [69:27]
Robert Breedlove
So as Michael Sater says, the first Federal Reserve bank or the first Reserve bank to basically prank by bitcoin wins the race.
- [69:35]
Chris Sullivan
Do you think we'll go on a bitcoin standard?
- [69:37]
Robert Breedlove
Like if the United States look, it's unpayable, how do we get out of this? We know that China, Russia and the.
- [69:43]
Chris Sullivan
BRICS don't want to be in the dollar standard. How do you know that the Federal Reserve is not behind them too? I guarantee you they are no buying.
- [69:55]
Robert Breedlove
Bricks and bricks is mining bitcoin though.
- [69:58]
Chris Sullivan
Not yet.
- [69:59]
Robert Breedlove
I think they already are.
- [70:01]
Chris Sullivan
There's countries individually that are.
- [70:04]
Robert Breedlove
Yeah, BRICS member countries are mining.
- [70:06]
Chris Sullivan
So the only two that are not under this banking system are. Is Russia and China. Every other BRICS nation is controlled by the same men and they happen to.
- [70:15]
Robert Breedlove
Be the BRICS nations. Yeah. Then also in the Middle east around Iran is not under their control.
- [70:21]
Chris Sullivan
Correct. That's why Syria is not either.
- [70:23]
Robert Breedlove
That's why they're under attack.
- [70:24]
Chris Sullivan
Right. So you look, they took out Saddam, who was next? Muammar Gaddafi. Go back to Nari. Right. This is all public available knowledge. And they, they, they're going after Bashar and the shot. I mean, it's really weird because they installed the Ayatollah anyways and now they want to go back in there. But nonetheless, there's no real threat from the brics more than a few percentage points.
- [70:49]
Robert Breedlove
So do you think we go on a bitcoin standard? Like, is there a path to a bitcoin standard?
- [70:54]
Chris Sullivan
Well, first I cited one of the paths which was default on the central banks, then cut them off and then start with strategic reserve and then start. And then what I my vision for it is it's a collateral settlement layer for all transactions for humanity. And that way you don't have to have like this insane block space or hash rate or kilowatt hour war when you're just saying, all right, we're going to. It's base layer and lightning network or some version of second Layer can be the functional throughput for all of transactions and it can have different, call it L2 type tokenizations of those transactions, but it's all going to be on top of it.
- [71:34]
Robert Breedlove
So if I understand that correctly, at.
- [71:36]
Chris Sullivan
The end of the day they will consolidate all the transactions and plug it into the network.
- [71:41]
Robert Breedlove
Yeah. Every transaction occurring in cyberspace or telecommunications would be bitcoin based, Correct? Basically.
- [71:48]
Chris Sullivan
Swift but not shitty.
- [71:50]
Robert Breedlove
Well, swift but not corrupt.
- [71:52]
Chris Sullivan
Swift is, it's like DOS retarded, It's not even real. So Swift is out of the bank of International Settlements, which is in Basel. Right. You know what happens on the wire, it's an API, pings one computer, then they just put it in there. The, the fact that anybody thinks they have money. Yeah, it's mind numbing. That's like saying, oh, you're actually seeing Brad Pitt here.
- [72:21]
Robert Breedlove
The saying. What is it saying? There's a memes quotations, my money in the bank. And it says, it's not money, it's not a bank and it's not in the bank. Basically.
- [72:33]
Chris Sullivan
You know, you guys should feel good about yourselves for being this educated. Obviously you're into, you know, local farming, farm to table and eating well. And you want to live well. And if you, if you have those two things, you're likely wanting to be a good investor and invest for your bloodline. We're all fucked if this doesn't get solved. Question was related to that. You know, I'm liking that we're talking about how America out of all countries has a good bitcoin outlook, at least from my perspective. And I think bitcoin has been, I've been bullish, but bitcoin's been outpacing my expectations for how much it's, you know, just been, let's just put market cap as the metric. But what's underperforming my expectations is how many people in my life fucking get it at this point, you know, all these years later. So I guess my question for you, optimistic for America, but I'm having a really tough time getting my loved ones to get it the way that people in this room get it. So do you have any advice when it comes to just talking to them? Understanding? Because they keep seeing boogeymen everywhere, but it's the wrong boogeyman. And I'm trying to tell them so give them that book they don't read.
- [73:42]
Robert Breedlove
All right? That's the answer. I mean, you reach a point, I think, with the bitcoin. I don't know, you could ask my Lovely wife. She says I can turn any conversation into a bitcoin conversation. But you do give up with the proselytizing. Like, at least I did. I'm not. I'm not here to, like, pitch people on bitcoin. That may sound ridiculous, considering I want a bitcoin podcast. But it's just more of, I think, the namesake of the show. It's an invitation, right? What is money like? Have you thought about it? Like, have you thought about it? And then in that line of inquiry, you will arrive at some conclusions you may not have wanted to discover, but you probably needed to discover.
- [74:16]
Chris Sullivan
You just approach it kindly and give information, and that's all you can. And you can be empathetic and be sympathetic, but not waste your time.
- [74:26]
Robert Breedlove
Yeah. Amen to that. I think we got time for one more question.
- [74:31]
Chris Sullivan
With bitcoin being a new, new sector, kind of new space, whatever you want to call it, what's the business opportunities with it? I mean, as far as opening it up to, you know, new, new life, well into America. I started mine in 2017, but that's on the asset management side. We have two different funds that investors can invest in. I think B2B. You're only really competing with Venmo. Strike Strike, Jax Strike Strike. Yeah, sorry, Venmo PayPal Square. You know, I think there's immense B2B. And then, and then what I'm trying to do in the state of Florida is pretty spicy with a version of the Spidey special purpose depository institution so that we have bitcoin banks, full reserve, not fractional, because banks exist to make the bank's money. What if you had a taxpayer subsidized version, that all it was was to make the tech adoption quicker. And the UI ux, which is user interface, much easier so that people like your family members could go, oh, look, I'm saving money on this. And oh, look at how fast this is. And oh, wow, I can buy more groceries with it in the next week. Stuff like that can occur. And so I'm focused on kind of the. The defi and the B2B and the asset management side. Cause that's where my skill set lies. But I think, look, look what Robert's done. This is educational truth of power. There's almost infinity business opportunities. The applications for Bitcoin's blockchain on agriculture has only been scratched a little bit.
- [76:18]
Robert Breedlove
Yeah, I would say there's an explosion of opportunity. Anything on this higher order protocol layer development, you know, unsensorable communication, quantum energy.
- [76:29]
Chris Sullivan
Zero Point Quantum energy. That's actually the biggest opportunity.
- [76:33]
Robert Breedlove
That's a big opportunity for every industry for sure.
- [76:35]
Chris Sullivan
Yeah, but it already existed 120 years ago. I mean, it exists.
- [76:39]
Robert Breedlove
That sounds like a whole nother podcast.
- [76:40]
Chris Sullivan
It is, yeah.
- [76:41]
Robert Breedlove
Zero Point Energy.
- [76:42]
Chris Sullivan
See what you did on.
- [76:45]
Robert Breedlove
But, well, okay, one obvious one. I'll say. First of all, you get to study the different protocol layers that are being built on Bitcoin. They're doing all kinds of stuff, right, Trying to put private property rights, tokenized assets, title, blah, blah, blah, blah. But one that's super interesting and very relevant is this idea of uncensorable digital communication. So we actually have uncensorable messaging or uncensorable social media, uncensorable telecommunications, which would have prevented all of this pandemic censorship nonsense we experienced over the past four years. So that I think in many ways people say Bitcoin completes the Internet and that it lets us move money permissionlessly over the Internet. That cannot be stopped. We also need the messaging layer that cannot be stopped because censorship at the application layer, you know, Facebook, Instagram, whatever, all of those, that doesn't work. You can't leave that up to a few people to decide who gets to say stuff because then they can amplify certain messages and de. Amplify other messages and you get all this social engineering nonsense. And we don't have freedom of speech. So that's something really important.
- [77:46]
Chris Sullivan
Just as just ancillary to that, once that layer is established, guess what gets to occur? They can't ruin history anymore and rewrite it.
- [77:56]
Robert Breedlove
That's right.
- [77:56]
Chris Sullivan
It goes on chain history that cannot.
- [77:58]
Robert Breedlove
Be rewritten by the victors.
- [77:59]
Chris Sullivan
Literally. Folks, one of the primary agendas, World War I, World War II proxies, was to destroy beautiful buildings in history so that no one would figure out that they had rewritten it. And many men, from Voltaire to, to Napoleon, you know, history is a lie agreed upon. And by putting everything on the blockchain, it enumerates it for eternity. And once we solve a little bit more on the power side, it's like the thing can just be its self perpetuating motion and create the frictionless economy globally. It really could get the best mankind's ever seen.
- [78:33]
Robert Breedlove
I think that's a beautiful place to bring it to a close. Mr. Sullivan, thank you for joining me again.
- [78:39]
Chris Sullivan
Welcome.
- [78:39]
Robert Breedlove
Thank you for your very unfiltered takes. Swearing.
- [78:44]
Chris Sullivan
That's the only version you get now. Sorry.
- [78:47]
Robert Breedlove
And thank you guys. I hope this was useful, insightful. Thank you.
- [78:52]
Chris Sullivan
Thank you everyone.
- [78:53]
Robert Breedlove
Thanks for watching if you enjoyed this episode, click here to find more just like it. And here to find our most recent episode. Also, make sure to like this video to help shine light on the corruption of money and be sure to subscribe to this channel to stay connected.