1:51:11 Not just created. Am I missing something? Do you think... I don't know, let's face it they're playing a game of three card Monty as far as i'm concerned or hide the net So let's get down to brass tacks then John so the issue is the way that I see it and Europe has we can talk about Europe at different times because clearly even Einstein can figure that out and he's running the joint but here The main problem is we have all these people. And we have all of them went to, you know got huge student loans and we all became lawyers. And there's no money left in that. There are no jobs as a lawyer and soon there is... No one is going to be want... Going to want to be a doctor either. Doctors are leaving their profession they're trying to find jobs with hospitals. It will not longer will it be profitable to have your own private practice because of the change in the insurance scam
1:52:12 We have no factory production. We're not making things other than war machines, which I think we do pretty well. Yeah, stuff that kills people in deserts and we've still got some wars going so were able to sell some stuff But I think, you know if what do we really need to do to actually can with these two but this same these two parties and this one money thing behind it. They're not offering any real solutions now if I were to ask anyone what we need to do? I would be asking you okay
1:52:52 Are you asking me? I am asking you. What do we need to do, to fix it? Yeah, we need to pump in about 10 trillion dollars of phony baloney printed money into the system and probably another ten in about two or three more years and then we're still gonna have an economic collapse in 2017 but that's what we need to do! We need to print more money...I'm telling ya, yeah I mean I'm the only guy on the block saying this but there are other economists who'll say I'm with Bernanke. Print more money! It's not causing inflation? We don't have this out of control situation like Germany in the 30s, that is everybody's fear Who is the money going to then? It has got to go to the public That's the problem you can't give it to bankers they will just put it into their pocket and buy a bigger boat They have essentially start forgiving housing loans and do everything they can Not fake it, not say they are doing it, not do anything which is what they are doing now its bull crap
1:53:47 But they got to get, they gotta prime the pump. They gotta get the public give them a bunch of free money so they have to buy stuff that creates a demand and cranks the system back up again although we have to do something I think here's another one I'll just go completely off the deep end with my ideas We've got to put up trade barriers and stop trading with China screw em! We don't need the public to get a bunch of money then just buy more crap from China Nuts! We should put up tariffs The old-fashioned way So I just want to... This is all bad though. This is all bad thinking! This is not globalist enough, I'm trying-I've been isolationists by even suggesting such a thing No, no, I'm with you on this but I'm just trying to understand the couple of things Umm.. I don't have a mortgage Can I still get some money?
1:54:34 Yeah, no I think it should just be free money. But if everyone gets free money then doesn't that like... They'll spend it! Doesn't equalize everything? It's called priming the pump Don't prices go up if everyone gets a whole bunch of monies? That's the idea you gotta get prices to start to go up Otherwise people aren't going to spend anything. They're gonna just sit on their money or do nothing. So let me look I'm with you on this okay so but we're gonna have the economic collapse anyway that's your basic premise so why not live it up for the next, that's what you're saying right? To live it up for four five years yeah
1:55:10 Right so if it's a ten trillion ten. What's the truth? That's a thousand million right one two three one two three four five six billion It's a billion it's a 1 2 3 4 5 6 oh my calculator isn't quite doing all right divided by 300 in the calculator that's the problem with the trillion yeah, then my calculator you can So it looks like everybody gets One, two three. One two... So everyone gets like 30 million dollars in your plan? No that's not even close More?! We get more?? No, you get not... that's not what the number comes out to be. Well then what is the number? How much does everybody get? Look I'm... Yeah we don't want you sitting here doing mathematical models Just give me a ballpark number! I have to put the calculator up. I can't divide stuff into trillion off of top my head You sure can print it Biatch If i had the opportunity I would By the way people do not counterfeit money on your printers
1:56:10 No, very few people realize there's a code on every piece of paper. Yeah don't be doing that There's a code on every piece of paper you okay? So let me just follow through with you for a second okay guy I'm intrigued so everyone gets 30 thousand Okay, there's 300 million people in the country mm-hmm so if everybody got three if there was three hundred million dollars distributed everyone would get $1 Right? So if there was 3 billion distributed, everyone would get $10. So you'd get 10... It sounds like about I think you'd get three grand or 30 grand let me take a look. I think it's thirty. I think its thirty grand is what your talking about. That could be
1:56:48 That sounds about right. But that's the first tranche, so we get 30 grand and then we get another because you're going to do two 10 trillion twice. Yes. We start off with thirty grand is that gonna help enough people? Do you think it's enough John? You think its gonna be... I won't be kicking myself for getting thirty grand out of the blue from a government check Yeah now does that just take taxes out or is this tax-free money cash cash maybe cash? I think should be tax free money personally yeah Okay and then uh so then I know what I'm going to spend on so we spent spend that money And then you're gonna do it again. So we get another 30 grand, a man... At this point I'm stoned out of my mind is where I am. I'm snorting. I'm hammered
1:57:31 And then what? But then how do we still get the economic collapse, what happens? Your system doesn't complete. It's unavoidable is that the idea? It's a cycle that's you did that's the great thing about cycle is that it's like you know the sun is like what can we do this I'm gonna come up at seven in the morning Is there any way of getting around that well if you can run and in the other direction maybe even put off for awhile but its going to come up eventually And that's essentially what's going to happen. This just puts off the collapse that we should have next year But will it make the collapse easier? Oh, yeah 60 grand sure Makes a lot easier
1:58:16 Very very interesting, but they're give it to the bankers that you know. They just already know this This is the thing that pisses me off can we okay in your system? Can we take it from the bankers and that would be more fun? I think that would be that will be fine right It's like you just take the bankers sell the yachts and then give them money to people That's kind of cool. That'll be cool. Don't be cool hmm But then again you know that sound you sound like Stalin doing that but yeah sometimes Well, anyway in the Netherlands where of course they have a problem. They have debates now and it's great because you've got eight parties which by the way we have lots of parties here in America too but of course you never see any debate between anything but the Republicans or Democrats