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Matthew Lysiak

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2024-06-12
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  1. Preston, thanks, man. Thanks for having me. I was kind of shocked you tweeted something out about my book. I didn't know you. And suddenly you're following so huge. You have such a devoted listenership that I got flooded. I'm horrible at social media. I got flooded. I was like, Bridget, look, people like me. They're following me on Twitter. I'm horrible at Twitter or X, whatever it is. So I appreciated the shout out. And thanks, man. Thanks for giving me a platform to address this.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  2. Eating nothing but animal-based products. Just 30. Just give it 30 days and just see what your body tells you. Just give that a try and you'll find yourself more free. Because if you're not healthy, you're not free. And your self-autonomy begins with personal health.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  3. There's never been a time where the government hasn't come in and confiscated gold, even in America under Roosevelt. We confiscated the gold. Bitcoin is a decentralized way, and every time you buy a little bit of Bitcoin, the most charitable act you could commit when you're transitioning your fiat to Bitcoin because you're taking a little jab at the fiat money printer and you're hurting its ability to distort markets in our food supply, health, architecture, every aspect. I would argue most consequentially in the food supply. And that's beautiful. So you don't need to pick it. And I would recommend go find a local farmer. Like I'm fortunate enough in Sierra Vista, white white barn farms is my local rancher and they supplied me with all the meat I need. There's no shots in my cows. They're not getting vaccinated. I try to buy with Bitcoin. And every time I do that, instead of fiat, I end the distortion by just a little bit.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  4. Yeah, I got to meet him in Austin. I did an event in Austin and just remarkable in breaking it down. But the short end of this. I would argue that any hard currency implemented would solve this crisis because what it does is it undermines the incentive for the federal government to obfuscate our food supply. So there's no reason for the government to want to alter the food supply to obscure the rising consequences cost of food through the rising consequences of money printing when there's no more money printing. It puts the spoke in the tire of this whole gaslighting campaign by removing any incentive to do it. So I really think Bitcoin is evident, it's self-evident that it's better than gold because gold historically goes in the banks where it can be centralized. Always government always confiscates gold.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  5. Thank you. I would recommend, I think I am. I think you're right. I would recommend the Bitcoin standard. Fiat standard and principle of economics through his books that are just instrumental in really breaking it down, also gradually but suddenly is a really great book.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  6. Want to preface this point? I'm not a Bitcoin expert, I'm a novice. I got in late in the game. I love economics. Safe Fedina Moose has been my mentor.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  7. Eggs are one of the most nutritionally dense foods you could have. Eggs are amazing. The only issue I had with carnivore was that my weight went down too much. I play a lot of competitive basketball with people much younger and much bigger and much more skilled than myself. You see my pinky, like I'm all bruised. I got poked in the eye last Saturday. I mean, it's messed. So, I drink a lot of raw milk to keep my weight up.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  8. And Lyndon Johnson at the time was considering reelection and eggs were going up in price to come back to eggs. Eggs were skyrocketing in price. And Lyndon Johnson, this is a true story recounted by Samuelson, who worked in debt administration in one of his books. He called his surgeon general into his office and was like, everybody's angry. Eggs are going up in price. We can't have this. And the surgeon general was like, look, it's supply and demand. I can't do anything. Lyndon Johnson instructed his surgeon general to write a phony press release saying that eggs are unhealthy, distribute it to the media. The media pushed it. The demand for eggs went down as a result. The supply stayed the same, so the price lowered. And to this day, people think that that idiotic press release, which was nothing more than a psyop to lower the price of eggs for political reasons, is legitimate science. So they'll be like, oh, you can't eat eggs.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  9. So under Lyndon Johnson, even though we had a gold standard, inflation had begun because of a great society. So America was already committing a fraud at the time because we had issued so many more paper notes than we had gold in our treasury. All would have taken was a few countries at the same time to come and try to redeem, to expose this as a fraud. So while Nixon's a bad guy, he wasn't totally culpable. The fraud that was happening had been happening by prior presidents.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  10. But the amount of sugar we're eating has made us metabolically a compromise to the point that we can't think straight. And I think that's to the advantage of authority because we're compliant. Oh, you want me to wear the mask for two more years? Okay, I'll wear the mask for two years. New pharmaceutical product comes out. I won't question it. You have a white coat. I'll just obey authority. I think there's a movement of people like yourself. And look, you look like you're in booming health. I don't know. You look very healthy. You probably feel good by eating eggs. But a lot of that egg stuff comes from a press release that came out under Lyndon Johnson.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  11. Move over instead of one. My mind just on a completely different level when I'm not eating industrial waste and grains. I mean, it's kind of shocking, right? Like, wow, I'm not poisoning myself and I feel better. Just ignore the noise. In essentially, your great, great-grandmother was right. I have cooked for part of my research. I bought tons of cookbooks from the 1800s. And it's interesting how everything was based on me. And plants were eaten, but basically if you were kind of starving or didn't. Afford other food. I mean, we weren't eating fruit in Arizona here in January. That wasn't how it was. And you weren't eating berries in the northeast then. You might find some berries in Pennsylvania for a few weeks out of the year if it hadn't been mauled by bears and stuff, you know.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  12. But my mental clarity's increased a lot. And I think a lot about the societal gifts that future generations and our generation are missing out on because you have like the Wright brothers, right? And the courage it took when you could go through the New York Times time machine and see how nobody thought it was agreed consensus that nobody could fly back then. And they pushed forward. Henry T4, these brands who fought for their ideas, would they be able to have done a public school diet of lucky charms and grains with their fat, flabby bodies like the kids today? I noticed when I eat pure carnivore, my mind is on hyperdrive. It's a life act. And I want to shout it to everybody I know like little things too, I'll notice. So I'm working on my next book now and I'm trying to move notes from one thing to another. It's like, wow, I can remember three sentences right now.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  13. In the 1940s, we shouldn't eat meat because we acknowledge that meat was really healthy and we needed to save it for the churps fighting abroad, so plant your victory gardens. Today, we're convinced in virtue signaling while eating like peasants from the 1400s. And it's always never in our best interest of the people. It's always to the aggrandizement of our leaders. Because as I mentioned, if you're only eating cereal, you don't notice the consequences of inflation. But there's a deeper issue, which I found when I began my personal journey. So I eat animal-based about 90%. I start my morning. If you could see over there, I have a ribeye. I start my morning with a steak. And I'm fortunate that I can afford these things. So I know not everybody can

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  14. In 1970, it was a different argument, the crisis was overpopulation. And there was a book called The Population Bomb written by one of history's largest morons, a guy named Paul Ehrlich, who, if he tells you not to invest in a stock, invest in that stock because he's like the reverse Nostradamus of predictions. And he posited that we're all going to run out of food by like 1986 because we were eating too much meat and meats resource intensive. So that was why we shouldn't eat the meat.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  15. It's true. So they're going to take it out on our children, though. They're going to do meatless. They already have meatless Mondays in the public school systems in New York, but they're going to expand for the good of the temperature of the earth.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  16. A great question because we're fighting, it's only getting worse on their end. They're becoming better at their propaganda and their gaslighting. I saw Mayor Eric Adams of New York City recently was talking about how now we can't eat meat because we have to change the thermostat of the Earth, right? My consumption of meat.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  17. And I run every day. I play basketball. I feel like I'm in pretty good health. I eat tons of meat. And he's telling me I'm eating too much meat and he's wheezing. He can't really talk because he's so big. He's wheezing. He's a good guy. He's wheezing, and he's the one giving me advice, so I think that there's been a movement towards self-autonomy, and I find that to be beautiful. I know that was long-winded.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  18. A lot of people, including myself, who I grew up trusting these American institutions. Yeah. I didn't think they were perfect. I covered a lot of corruption in my time as an investigative reporter, but I'd always assume that they had the best interest at heart as long as it didn't conflict with their own agenda. This changed me. And watching these people, like these doctors get on, and during COVID, you saw a lot of fat, overweight, obese doctors giving health advice. And I could not. Then you look at something like Dr. Sean Baker, who's a heretic in health. Wait, so Dr. Sean Baker is telling me not to get a weight loss drug and he looks like Zeus. You know, as he's talking, meanwhile, I go to my doctor.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  19. Of course, right? And I guess why I'm hard on Dr. Fatima Stanford and her beautiful white coat is because I think there's not much more, there's few things more evil you can do than tell somebody that they're not in control of the most, one of the most fundamental aspects of being a human, which is the control of your own health. Right? Like she's undermining that. And that's something that I found throughout. You're supposed to ignore your common sense. You're supposed to ignore what your ancestors, the advice of your great grandparents have done. And you're supposed to rely on credentialed experts. And one of the blessings I think of COVID was that got broken.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  20. But fortunately, she explained there's a solution now, and that's Empec, in these weight loss drugs. That same month, Food Compass comes out, this show airs, which was an advertisement. It wasn't a new show, it's an advertisement. The American pediatric association for the first time changes their standards for what doctors should say the treatment for obesity in children should be. Now they're saying that treatment should be way loss drugs OZEMP. All happens in the same month. I couldn't in my research find a smoky room, right? I couldn't find that they had all gathered. I couldn't find email as I looked. I couldn't find any of that. However, I'd be naive to think that there wasn't some sort of coordination. Of course there was coordination.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  21. Control over obesity through lifestyle choice. That's out. That obesity is a genetic brain disease. It wasn't mentioned very much that the episode was sponsored by Ozempec and that she herself was a paid consultant by Ozempek. Or that the only other expert on the show to talk about obesity was also a paid consultant by Ozempec.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  22. Yeah. No, I'm sorry, correction. 2023. January of 2023 This came out, and it's sponsored all by the same industry, but masquerading as science. So industry sponsored these studies, colluded with government grants, years of study, and these geniuses come up with the Tubbs Food Compass, leading nutrition of the day that tells us that Fruit Loops, honey nut cheerios are healthier than the food our ancestors have eaten for thousands of years, including eggs. Same month. January of 2023, an episode of 60 Minutes Comes out hosted by Leslie Stall, a renowned journalist, and she has on a doctor and a white coat named Dr. Fatima Stanford, a real terrible human being by any standard. If words have meanings and the word terrible has a meaning, she's a horrible person. Because she went on this episode and she talked about how people no longer have

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  23. Some kind of weird stuff. And so by the time a normal kid comes out of high school today, you're already metabolically compromised. That in 2021 got replaced by, I think about this a lot. I think about the nutritionists at Tufts University because they've spent years, they've spent their whole lives prested in studying nutrition. They released something in 2021 called the Tufts Food Compass, which told us that Lucky Charms were healthier than meat

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  24. Dick of sugar at grains by the time I got out of high school, it was gross. The seed oils replaced the lard that fried my chicken nuggets. The whole cheese that used to be on my pizza boat, I don't know if you had that where you grew up pizza boat. Yeah.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  25. Yeah. And you're right. Like, that's a huge thing because as a kid growing up in the 90s, I grew up metabolically compromised because by law, my cafeteria was no longer allowed to sell whole milk. It was shifted to low fat milk, which nobody drank because it tasted horrible. So they had to infuse it with chocolate and sugar. So essentially I was.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  26. So most of the studies that your audience is reading today that say red meat is bad. Red meat causes X. Their observational studies conducted from Lobal University just in a few years between 2012 and 2015, they got over 155 million dollars in fiat grants because you have all these motions moving in the same direction suddenly. And then you have nutrition science, Tufts Food Compass. I'm not sure if your audience understands what this is. The leading, it went from 1980 nutritionary guidelines, the first of its kind. Government used to not tell us what to eat. In 1980, they began. They said, oh, eat more grains, eat less meat. 1992, which we discussed briefly, was the dietary food pyramid. That was far more invasive because that told us exact portions. H to 11 portions of grain.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  27. And what you saw was it replaced by all these grains. Americans were remarkably compliant. And through fiat, what you saw was they directed to fiat money printer towards the university, for instance, called Globalinda University, which was an arm of the Seventh Day Adventist Church. And their job was not to do science, but to come up with studies that validated not science, but religious convictions.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  28. Despite all the corporate push to have us eat these fake non-foods, people still ate meat for breakfast and lunch and dinner. But in 1971, when we shifted our money from a gold-based currency to fiat, meaning now the government prints as much as they want, they began an incentive structure through fiat to conduct a gaslighting campaign that actually saw the food supply shift. not the shift that we saw from 1910 to 1970 with corporate influence and the influence of this religious group, it really shifted notably then. And where in 1970, the average person ate around 155 pounds, you might want to fact check this. That's off the top of my head, pounds of red meat a year, that got more than cut in half by 2010.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  29. putting carbolic acid on the cotauruses of young females, cages, surgery without anesthesia, real torture. He was kind of a masochist of many, extreme enemas, all to purify people from sex drive. And cornflakes was one of, like by eating more grains and eating less meat, and sciences later vindicated this, you can lower people's sex drop. I would argue he's been pretty successful. But to kind of get back, I'm trying to stay streamlined because this is a lot. After John Harvey Kalke, he had somebody named Leanna Cooper step in and she started the American Dietetic Association, which became over time the institutionalized government arm of nutrition. All that said, come 1970, you had the Seventh-day Adventist Church growing but still most people ate meat for breakfast and lunch and dinner.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  30. But I bring the receipts. I have over 212 citations in my book. And this is according to John Harvey Kellogg. I went through his writings, which are terrifying. It's hard to overstate John Harvey Kellogg's influence. He was the celebrity doctor of the day. He gave speeches. He wrote books. He advocated

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  31. She hired Ellen hired a young man called John Harvey Kellogg, tasked him with a job of coming up with a food that would in particular replace meat for breakfast. Everybody was getting meat for breakfast. This was terrible, she thought. He came up with Kellogg's corn flakes as an anti-mastibatorial drug essentially to lower the sex drive of young men. A little about John Harvey Kellogg.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  32. came from the belief that masturbation caused these health maladies and that meat caused the carnal desires that caused the masturbation which resulted in health maladies. So a huge part of this church's energy came into being trying to change the food supply, trying to alter it so that people weren't eating as much meat. And they were doing this unlike industry. They were doing this really out of sincere religious conviction. They really believed it was in the best interest of individuals to not eat meat.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  33. Correct. You're walking home from school one day, according to her, got hit in the face with a rock. Fell into a coma and woke up with visions from God. And God basically said to Ellen, We need to purify mind and body for the next world. It's coming soon. The apocalypse is coming. So we need to purify the soul and the body. And at the time, this is where your audience is just, this is going to sound crazy. At the time, nearly every medical problem associated with especially young men

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  34. A little background on the church is started by a woman named Ellen G. White, who went to these services by the Millerite movements in the late 1800s, which preached the end of the world and was coming. And the head of the Millerite movement made the mistake that most cult leaders have learned from, which is you don't give a date. You're vague about the end of the world. You don't give the date. He gave the date. And everybody waited for the end of the world. And it became known in history as the great disappointment when the world did not end. All these people sold all their things. They waited for the moment to come and it didn't come. Ellen White believed that it did come and it was coming. We just didn't see it clearly. So she thought the apocalypse was coming.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  35. The New York Times will quote an expert from the Nutrition Foundation, which wouldn't mention the conflicts of interest. They'd say, actually, you should be drinking seed oils instead of breast milk. It's healthier. And for babies. All this nonsense. But you were talking about these incentives and you're spot on with that. I think that's something that's really important. I kind of want to take a step back and talk about how you have one thing we haven't mentioned yet is the Seventh-day Adventist Church, which is extremely powerful in my story.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  36. That's not food. And it's not even vegetable. Like, I don't know how somehow along the way it's got defined as a vegetable. But what you have pre-1971 is you have these corporations constantly trying to convince us to eat things that aren't real foods. And that's where the seed oils came in. That was lubricant, that was industrial waste when it no longer became viable through industry. Suddenly they tried to market it as food. They weren't going to let go of the product. And that began a huge marketing campaign war. That's where you find a lot of nutrition health people. So a lot of these industries began investing in something called into something called the nutrition foundation, which was industry sponsored to come up with studies that validated reasons why we shouldn't be eating real food, why we should be eating industrial waste, why it was better for us. And then we're always available to the media as

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  37. Thank you. So, what I found, what really astounded me was that about the seed oils was how historically Americans were accustomed to eating real food. So this is how I broke this up in my mind. And then corporations, in particular with seed oils, it was Procter& Gamble So, one of the largest corporations in America decided to launch a campaign to try to convince people for the first time to eat things that weren't food. I mean, that's really simply what it is. Like cod and seed.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  38. I think you put it really well, and I appreciate long questions. I also appreciate, I do a lot of podcasts and a lot of media and rarely does somebody actually read my book so I can tell when somebody has and I find it refreshing. Usually they sketch my book and they've seen me on another podcast and then they have me on, which is fine. I appreciate it, but kudos to you. I love the book.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  39. So I would encourage your audience to not even waste time. I wasted way too much time trying to understand a CPI. And when I did, I was like, oh, I felt like I just took a community college course from a Keynesian professor. Where you come out dumber, you're like, wait, I ran on an age stand as a kid and I thought I understood it, but now the Keynesian economic multiplier effect is telling me that if I just give all my money to the government and not to the lemonade stand, it multiplies. No, no, no, just don't go in the classroom.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  40. You substitute the ribeye out for some kind of chemical storm soy burger patty, then they don't adjust the CPI. They just say, oh, you're a hundred dollar ribeye, you're now buying a $10 soy burger.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  41. We were on a gold standard up until around 1917, and then it was a partial gold standard because we no longer allowed the Americans, our own people to redeem their gold, but foreign nations still could. But after 1971, what you see with Arthur Burns, who was the head of the treasury under Nixon, I mean, he talked about he had to keep taking and substituting things out of the CPI that revealed the actual consequential... You want to know a real CPI, look at a McDonald's billboard, there's pictures of it. They haven't been able to Orewelly and pigeonhole it yet from 1986 and look at it today. That's a decent parameter, candy bars, decent barometer. CPI in its current iteration is nothing more than marketing. So if you're relying on a CPI which uses dollars, which the amount of dollars it costs to buy a ribeye,

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  42. Yeah. So I'm not going to go to weeds on it because they already understand it all. But it's interesting because I'm not an economic sky. But what I understood was that it's a statistical tautology, right? Because it's like these food studies, it's just marketing where when CPI was first brought into the picture in America during World War I, it was a pretty good reliable barometer because it covered stable goods that people bought. It'd be like steel, me, and they didn't change. You could see what the price of a pound of beef was. One year ago and what it is today, a price of beef one year ago, price of coffee, one year ago, and then today, and you can measure it. The problem with CPI initially as constructed was that it was a reliable barometer and that people could then see the rise in prices. And that was problematic for governments. It wasn't as problematic when we were on a hard currency.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  43. Don't really notice monetary inflation Right, like, I mean, today you can look around and I can feed my entire family. I have four daughters. I could feed them all at three boxes of cereal in a day. That's pretty cheap. But if you're talking about nutrients, the nutrients for humans to thrive, what you find is it's become remarkably cost prohibitive to the point where red meat is increasingly becoming a food of the upper classes. I know that was a lot.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  44. This man named, gosh, I can't think of his name right now, Nixon. I pointed to the head of the Department of Agriculture, Earl Butts. He was tasked with now that the fiat money printer could print money, printing a bazillion dollars in subsidies to the corn, soy, and sugar industries. With the goal of consolidating American farmland so that we could really lower the cost of the American food supply for the consumer as an increase in the money supply was going to change the price of the real foods that you can't print. So for instance, if you're eating nothing but a diet of Doritos and grains,

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  45. 1971, Nixon decoupled from gold up until that point, the American people weren't able to redeem their promissory notes for gold, but foreign banks could. So this provided a powerful restraint on the ability for the government to just keep printing money, which kept inflation relatively modest. But when Nixon decoupled completely in 1971 and August 15th in a speech known as the Nixon shock, he knew, and all government leaders knew, and I have this from several FOIA requests that came through, they were very aware that food prices were going to rise extensively. So they began a campaign. What amounted to a 55-year gaslighting campaign not to come clean with the American people on the consequences of decoupling the monetary inflation that would ensue, but to change the entire trajectory of the food supply.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  46. This is when governments get overthrown. You saw in 2022, according to American University, there are 12,500 food and energy-related riots in Europe alone just in 2022. Same year in Sri Lanka, Riots over primarily attributed to the rising cost of animal based products escalated to such an extent that hundreds of thousands of people went into the Sri Lankan government and the leaders had to flee. So governments are very, very aware of the link between government instability and rising food prices. So when Nixon decoupled from gold, so I want your audience to stay with me. I know I'm throwing a lot at it.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  47. When I chronicle in the book is industry, science, and its religious group, they all had this interest in removing meat from the American diet. But still, in 1970, Americans ate meat for breakfast, lunch, and dinner. So they heard these arguments, but the diet that for thousands of years humans have eaten, they continue to eat, and it hadn't been swayed. 1971 rolls around in a very powerful player emerges into this debate and is the federal government. I mean, this is, I think, where a lot of your audience is going to find it intriguing. And this is where I found it most intriguing was the government motivation in altering our food supply. What you'll discover when you look at governments historically is that governments can survive endless war. You see it all the time. Like we keep electing these people in America. We've been in war every year but five since 1971. Governments or the people accept corruption. But what you don't accept, what people won't accept is rising food prices.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  48. In higher cholesterol was associated with better outcomes and lower mortality rates. So how could this be? It was the exact opposite of what Anselke Keys and the Die Hart hypothesis had hypothesized. That's why it was called a hypothesis, right? It was an educated guest. They didn't know. Now they knew. And one of the researchers, Gary Tobbs, who is a fantastic science journalist, asked, well, why didn't you release this data earlier? And his response was very telling. He said, There is nothing wrong with the study. In fact, a study was great, but, quote, we are just so disappointed in the results. And you got to understand that these scientists had their entire reputations built on this hypothesis. There was an infrastructure. But what happens is...

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  49. How many decades It's a long time. Yeah, it's like four decades. Somebody from, once again, I hate to give credit to the Times, but truthfully, they did great work on this. Somebody from the Times was like, what happened to that study? I remember hearing about it when I was a kid and it was a huge deal and nobody ever said anything about the study. So we was able to get a hold of one of the researcher's sons, Ansel Keys was one of the lead researchers. Another researcher's son who said, you know, their father had died, but they had all the boxes in her basement. And they went through the boxes. And it revealed that not only did the study not validate Ansel Keese's hypothesis, it actually indicated that the opposite was true, that lower cholesterol was associated with poorer health outcomes.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

  50. We begin to formulate, we assume that Ansel Keys is correct, although there's no evidence. Dietary guidelines move forward based on his premise. In the, I think it was 2014, it became revealed.

    2024-06-12 · We Study Billionaires · BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT