Who Broke The Money? The Answer Will Annoy You

追加: 2026-05-07

[00:00:00]So, who broke our money? Because I spent years blaming the bankers, [music] then the politicians, then some shady group of elites that I couldn't quite name, but I was sure that they existed.

[00:00:10]Couldn't tell you who, I just knew it was >> [music] >> them.

[00:00:15]Every one of those theories was wrong.

[00:00:17]And the day I figured out who actually broke the money, >> [music] >> I was furious. Not them, at myself.

[00:00:24]Because I'd been part of it the whole time. And sorry to tell you, so have you.

[00:00:30]Stick with me [music] because once you see who really broke the money, you'll also see the exit. And it's much simpler than you think. So, who broke the money?

[00:00:40]Is the really uncomfortable bit. There's nobody in charge. Politicians aren't villains, they're employees. They do what gets them reelected. And what gets them reelected is giving voters what voters want. So, what did voters want?

[00:00:56]Cheap mortgages, rising house prices, more spending, tax the rich to pay for it, and free stuff. Nobody votes for, let's take the pain now so our kids have a shot. That candidate literally doesn't exist.

[00:01:09]Just imagine the manifesto. Vote for me and I'll make things worse for 10 years so that your grandchildren might be all right. We all know that wouldn't work.

[00:01:18]Here's an example. During COVID, when they started furloughing everyone in the UK, I remember talking to an old colleague. Mate, doesn't this seem mad?

[00:01:27]They're just printing money and then posting it. Where's it all coming from?

[00:01:31]And then he said, yeah, but I'm not complaining though because it's coming to me. That's the whole thing in a nutshell. Right there. He's not a bad bloke. He's just a normal guy who got offered free money and took it. I'd probably have done the same. You probably would, too, or did. I mean, we needed to live, right?

[00:01:51]Multiply that conversation by 60 odd million. Every furlough check, every stamp duty holiday, every triple lock, every the government just needs to do something. Oh, and then also every time any of us takes on a mortgage, a credit card, a car loan, the bank creates that money out of thin air, too. New money continuously entering the system. Every single loan agreement you've ever signed. None of us have done it on purpose, but collectively, vote by vote, handout by handout, loan by loan, we did exactly that. That's who they are. It's us. It's me. It's you. It's my old colleague, bless him. I told you this was going to annoy you. But before you close the video and call me a muppet, hear me out because this isn't your fault. Here's the trap. A politician who tells the truth, we need to stop borrowing from the future, loses every election. Every single one. To the guy on the same stage next to them promising more stuff now, paid for by someone else. And if you don't believe me, the last time a British Prime Minister tried to do something different, they were outlasted by a lettuce.

[00:03:08]That was the warning to every politician who might think about telling the truth.

[00:03:13]So, the system naturally selects politicians who over-promise. It's not that people are weak or politicians are corrupt, although some definitely are.

[00:03:23]It's that the incentive structure guarantees this outcome. Which is why it doesn't matter who you vote for. They're all competing to promise more than the other lot. They're all working from inside the current system. None of them can tell the truth because the other side will just promise more. Like I said in the last video, it's similar to just rearranging deck chairs on the Titanic and arguing about which way they should face. You want proof? Look at what's got cheaper over the last 20 years. TVs down 97%, toys down 70%, clothing, furniture, phones, computers are all cheaper.

[00:04:01]Anywhere the free market is allowed to work, things get better and cheaper every year. Now, look at what's got more expensive. Housing, health care, education. Economists literally call this the chart of the century.

[00:04:15]Everything government touches goes up.

[00:04:17]Everything the free market touches goes down. That's not a coincidence. That is the trap in action. So, if you can't vote your way out, what's left? Opt out.

[00:04:30]The system isn't broken in a way that you can fix it. It's broken in a way you can only step outside of. Every attempt to fix it from the inside runs into the same wall. Tax the rich, they leave.

[00:04:43]Find somewhere more tax efficient. Take the jobs and investment with them. We've been watching it happen for 20 years now. The system can't fix itself because the system is the problem. The sooner we can all accept that, the sooner things actually start getting better each generation instead of worse. And this is where Bitcoin comes in. Not as an investment, not as a get-rich-quick scheme. As an exit. It moves value outside of the whole thing. There's no central bank printing more, no politician promising it away, no bank approving your transaction. It just works. Wherever you are, whatever you earn, whatever anyone tries to do about it. The first global free market that actually works for the middle class and the poor because nobody can inflate away what you've already worked for. Jeff Booth, the author of The Price of Tomorrow, says this way better than I can. And when I found Bitcoin, I didn't truly believe that that it could withstand um us. When I You've heard me say this, there is no they, it's us.

[00:05:52]Um and so and then I >> [clears throat] >> when I So, for my process going deeper and deeper and realizing that the nodes by actively running a node, by contributing that this you're encoding the best of us into a protocol that's the best for us. Well, if not me, then who? Right? If not me, then who?

[00:06:14]It took me a little while to get my head around this, but he's right. And honestly, I've been rereading The Fourth Turning, and we're clearly not out of the worst of it yet. Things are probably going to get worse before better. But what comes next after, historically, is the first turning. The high. Think post-World War II rebuild. Real construction. You can see the green shoots already. People are waking up.

[00:06:42]Bitcoin communities are forming. The circular economies are being built.

[00:06:47]There is light at the end of the tunnel.

[00:06:49]But only if this information spreads.

[00:06:53]So, what does opting out actually look like?

[00:06:57]It's not some big dramatic moment. It's just buying a bit of Bitcoin every week, moving it off the exchange and holding it yourself. Every sat in cold storage, every debt paid down, every transaction done in Bitcoin, that's a tiny bit of power taken away from the old system.

[00:07:14]Most of us still spend our days working in the current system, earning in the current system, paying mortgages in the current system. That's the bit people miss when they say they broke the money.

[00:07:25]Because Bitcoin has been sat there since 2009 doing the same thing every 10 minutes. Not caring what anyone thinks about it. It's actually us choosing which system to feed. Now, the full exit is earning in Bitcoin, spending in Bitcoin, and running your own node so that you can become your own bank with no permission needed. Most of us just aren't there yet. But like I said, more and more people are waking up to this at an accelerating rate. Every step in that direction is a vote with your wallet. And those are the only votes that actually count. If you're ready to take the first step properly, not leaving your Bitcoin sitting on an exchange where it's still inside the old system, I've put together a free Bitcoin security template. It walks you through how to run a node and self-custody properly with no single point of failure. So, that even if someone did find your private keys, they can't access your Bitcoin. There's a link in the description. And just remember, the door is open. It's been open the whole time. So, just stop waiting to be rescued because nobody's coming. Just walk out. Now, if you've made it this far, you get it. It's us. There is no fixing it from the inside. The only way forward is outside of the whole thing.

[00:08:43]So, here's what I'll leave you with. If you know someone who really needs to hear this, maybe it's a mate who's frustrated about house prices, a family member still waiting for the government to fix things, or anyone who's stuck shouting at the news, this is the video to get in front of them. Because this only works if the information spreads.

[00:09:02]The more people who understand this, the faster we can actually move into the first turning. That's the real action that you can take right now. Not a like, not a subscribe, just share this with one person who needs it. And if you're new here and still not 100% sure about Bitcoin, you know, you're thinking what the France actually is it, whether it's a bubble, whether you're too late, or what the actual risks are, you need to watch this video next. It's a compilation covering everything from the ground up, and it's the video I wish I had when I started.