#448: Opt Out Of Keynesian Brain Rot with Godfrey Bloom
Sep 26, 2023
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Godfrey Bloom discusses corruption by central banks and the countermeasures individuals must take. They explore the devaluation of currencies, rise of Bitcoin as a safe haven, and the need for revolution. The chapter also delves into the American Civil War, states asserting autonomy, and the importance of regaining civil liberties.
The corruption of central banks and excessive money printing leads to currency devaluation and financial instability.
Sound money like gold and Bitcoin provides protection against government control and inflation, preserving individuals' wealth and financial freedom.
Deep dives
The Problems with Central Banking and Fiat Currency
The podcast episode discusses the issues and drawbacks of central banking and fiat currency. The speaker highlights how central banks and the excessive printing of money have led to the devaluation of currencies, resulting in inflation and financial instability. The episode emphasizes that the current monetary system benefits the elite and powerful, while ordinary citizens suffer the consequences. It argues that this system of control needs to be addressed and changed to protect people's wealth and preserve their financial freedom.
The Importance of Sound Money
Another key point discussed in the podcast is the importance of sound money. The episode highlights that the current system of fiat currency is flawed and prone to manipulation, while gold and Bitcoin are presented as viable alternatives. The speaker argues that sound money, such as gold or Bitcoin, can protect individuals from the negative effects of inflation and government control. They emphasize the long history of gold being a preservation of wealth and express support for the philosophy behind Bitcoin as an apolitical protocol that removes control from central banks and governments.
Challenges with Bitcoin and Legal Issues in the UK
The podcast also delves into some challenges and legal issues surrounding Bitcoin, particularly in the UK. The speaker mentions that Bitcoin faces problems related to provenance and legal recognition in the country. They explain that the lack of provenance and the ability to claim ownership of Bitcoin under English law raises concerns about potential confiscation. Additionally, the lack of widespread acceptance of Bitcoin as a medium of exchange is seen as a limitation to its full adoption.
The Need for Free Press and Protection of Law
The episode highlights the importance of a free press and protection of law in addressing the issues discussed. The speaker criticizes the lack of objective journalism, pointing out the control exerted by powerful institutions and politicians over media narratives. They stress that a free press and adherence to the principles of law are crucial for holding those in power accountable and ensuring the protection of individual rights and liberties.
Marty sits down with Godfrey Bloom to discuss the corruption of the world by central banks and the countermeasures the common man must take.
0:00 - Intro 6:43 - How govts have been corrupted 16:09 - Is mobilization of the common man imminent? 18:40 - Central banks are the unknown cause 24:56 - Removing yourself from the system 27:12 - New Keynesians 29:59 - Bitcoin and gold 34:46 - More on UK provenance law 38:09 - Lawful cancelation dissidents 43:58 - Civil war and states asserting autonomy 46:42 - Wrapping up