Gold, Bitcoin oder ETF? So investiert Marc Friedrich wirklich!

0:00 Very few people out there know how money is actually created and how they should invest their money. We are financially illiterate in Germany. People don’t talk about money in Germany . It is a big mistake in Germany only misgiving and here taxes bigwigs and ignend. Yes, so we have to get a different way of thinking or a different mental attitude towards it. The fact is that in Germany we talk about this topic too rarely, it's not even a school subject, even though we all deal with money every day, but don't know how it is created or how we can invest it. So, ladies and gentlemen, welcome back to the New University podcast. My name is Robin. It's great that you're all listening again. And yes, I don't think I need to introduce this face next to me . I hate it

0:45 when Mark makes really long intros and everyone knows who the person is anyway and I think, especially those watching today, including those from our community, know who Mark Friedrich is. For the sake of form, I'll keep it short and sweet. Seven-time bestseller, current book, the greatest revolution of all time, is here at the forefront and also provides extreme forure. I heard earlier that you spent two and a half years writing it . Um, I also read your first book in 2019, so for me, your first book. Um, and since then it's gotten steeper and steeper, as far as your attention is concerned, I've always watched it from a distance, no, hanging here, you ca n't see that now, or even if you're listening, you certainly can't see it. Um, there are balloons hanging there and the

1:32 number 500,000 is there and that stands for 500,000 subscribers on YouTube, right? You would n't have TikTok, Insta or YouTube now. For me, that's a different emphasis. Um, I don't think the man next to me needs much introduction. One of the three or four big opinion leaders when it comes to financial education, financial intelligence, and his opinion on the current situation, a lot is happening in the world. Yes, I would like to bring all of them to your attention today . Mark, it's great that we can be here with you, near Stuttgart. Yes, very nice that you are here. I'm happy to honor you again anytime. We have also already received delicious pretzels . Yes, absolutely handmade, and we've already talked for two hours . This feels like 5 minutes. Very entertaining. Yes, I can say that. Mark is just as much behind the camera

2:18 as he is in front of it. I 'm not an actor either. Yes, there are people who are not actors, they are different in front of the camera, behind the camera . That's not the case with Mark, I can honestly tell you. Um, and anyway, Mark, maybe to start with, tell us briefly what exactly you do , right? So for the very few who don't know you right now and are listening today, what exactly do you do, how do you earn your money, because I don't think YouTube alone will be enough to employ around 20 people and the like. How do you earn your money and what exactly do you do ? Mhm. Well, I am actually a book author , but even that does n't employ 20 people. Um, I'm a fee-based advisor, which means I develop customized asset protection strategies for private individuals,

3:03 family offices, and companies. This is really a one-one consultation, a coaching session. Otherwise, I'm also a sought-after speaker. I get invited by companies and trade fairs to simply share my knowledge and spread financial intelligence . Yes, and we already have that , right? show another picture of an event from us. Sorry, but yes it was great, it was a great memory. I can still remember it very clearly today because the hall was full, packed and there were such lovely, friendly people there. So my best wishes go out to you and I'd love to come again because it was really good fun. Apart from that, I have the YouTube channel, the podcast and also a digital product, the Friedrich Report, which is the first, in my opinion, understandable stock market newsletter that tells you when to get in and when to get out, all in a short and sweet way that everyone can understand, whether it's a 16-year-old secondary school student or

3:50 Robin or you. Exactly, that was important at the time and the whole thing was of course cost-effective too, so that everyone can afford to achieve financial freedom and financial intelligence . These are my main sources that I make and that I work with. Super cool. Let's also link everything directly to the city it's listening to, so YouTube the report and everything with one click, if you're interested, so that no one gets lost. Now you said for Linien Müller, for Robin, whoever it is, Robin, and I'm not making Robin out to be a hero at all, he's only been an entrepreneur for about 3 or 4 years, so I've been 7 or 8 years now, and in the first few years you put back every cent that you get into the company, that you somehow get stuck with. Um, and you've only been thinking about this for about three or four years now. What do you do with the money that's left over?

4:36 Yes. um and I have to admit quite openly that I would say that I don't have the deepest financial education. I also do n't come from a family where you had to think about your wealth at some point. Uh, I would say lower middle class. Um, what would you advise someone like me , who is now earning quite a bit of money, has a stable company and in relation to the current situation? I remember, Mark, I heard your advice from the last podcast. Mark is one of the few who is on our podcast for the second time . I think four years ago now. Um, and then you said, yes, Bitcoin was at

5:22 4000. Robin, please do Bitcoin. you did. Naturally. So I'll repeat myself now. Please Robin, make Bitcoin. We're almost at 100,000. Exactly. Date of recording November 21, 2024 and Mark says again it was just under 100,000. Robin makes Bitcoin. Yes, exactly. Yes, because we live in a turning point. I think all the viewers out there can feel that the world is out of joint, right? We looked at the traffic lights. We see conservative forces gaining more and more support in the elections. Trump won the election, geopolitical upheavals, and that's about cycles, which I also described in the book. And once you understand these cycles , you'll know what's coming and how you should position yourself financially . We are now seeing interest rate walls

6:09 in the US. Interest rates are falling again worldwide, although inflation is still there. But that means more liquidity, more money comes into the system and this money looks for investment opportunities and practically inflates asset prices. So the stock market is always high, gold is always high, Bitcoin is always high. Therefore, we will continue to see high prices with corrections in between. But in an inflationary world, because I'm now expecting a second and third wave of inflation, you simply need limited values ​​that are limited by nature or by mathematics, like Bitcoin. And for that reason, building society contracts, life insurance, even real estate, let's just talk about it, are more like yesterday's investments. Now you have to bet on new horses . For example, I recommended gold at the beginning

6:56 of the year and it made 40%. Stocks in the raw materials sector are also super exciting, super interesting, because they are naturally limited, especially raw materials, by nature. When more money comes in, the price goes up . And Bitcoin, as I said, is the only decentralized, limited asset we have that we can finally name , because we don't know how much paper money the ECB will still print, we do n't know how much gold is still slumbering in the earth's crust. But with Bitcoin, we know exactly through a mathematical code that is unchangeable that in the year 2139 the final number will be just under 21 million units. If you then own 2 million of them, yes, then everything is fine. I think everything is very good there. Um, when did you first become aware of Bitcoin? The first time I was researching my first book on a better monetary system, I

7:42 looked into the gold standard, and then at some point during my research I discovered Bitcoin. Back then it was just a few cents and I thought, hey, money from the internet, okay, it's a scam, I don't need to bother with it any further . And the second time it came to me was when I was researching my second book, where I was again looking for a better monetary system, and I thought of Holler the Forest Fairy. Bitcoin still has this pyramid scheme and I thought, okay, there must be something to it, because then I already had a few dollars. Yes, it has increased almost a thousandfold and then I just tried to learn what it actually is. Because if it 's still there after two years, the Lindy effect takes effect. The Lindy effect means that if a new development or new technology lasts for a long time , then it is always more likely that it will be robust and will last, and two years is a long time. So, in the monetary system and in digital currencies in any case, it is already long. And then

8:29 I printed out this white paper from Satoshi Nakamoto, the ominous anonymous founder, and today he's going to reveal the secret of who it is. Exactly. Exactly. Printed and read. And I'll tell you one thing, it was I read it because it was in English, there were eight times, it was lying on my bedside table for many weeks and I had just returned from a lecture in Würzburg in front of almost 1000 people. Was full of adrenaline, couldn't sleep at all. My dessert was empty, and there was only this boring English paper with lots of foreign words. I said, okay, come on, do it quickly, then you'll fall asleep straight away because it's too boring. Yeah, nonsense. I did n't sleep all night, woke up my wife and said, "Hey, this is the solution for a better monetary system." And she says, "Hey, leave me alone, let me divorce you." Yes. And then the very first thing I did the next day was look for where I could buy Bitcoin. Over the next few years, I absorbed everything there was

9:15 to learn about Bitcoin because I simply realized there was something there that could change the world for the better. here there. Now we are 11 years later. I wrote a whole book about Bitcoin and a new, better monetary system. Bitcoin has done what I suspected back then, which surprised everyone. It's now at almost $100,000,000, and once again, Bitcoin is n't increasing in value. Instead, paper money is devaluing because you have to put more paper money on the table, run faster on the hamster wheel, in order to give up your life time, to earn money, to buy a Bitcoin . And I actually believe that Bitcoin is a peaceful revolution, the greatest revolution of all time. Mega awesome. Did you understand it immediately when you read it? Yes, immediately. So I'm somehow ultra intelligent. Yes, there are many who still say, I don't understand the blockchain, I don't understand that. And um, what do you say to

10:02 them? It's not as difficult as you think. You just have to sit down. Exactly. So, I actually tried to break down the complexity of blockchain, of Bitcoin, but of the monetary system in general, because most people don't even know where money actually comes from, in such a way that everyone can understand it. The benchmark was my mother, who was over 80 years old. Yes, and if she understands this, because she is a florist, then I know everyone understands it. And hopefully I succeeded in doing that. I invested two and a half years in the book. I also make a lot of videos on YouTube about it, explaining it with pictures and in understandable language so that everyone can understand it. I get the feedback, I mean, it's been on the bestseller list for months now, sixth edition is in print. Um, I get feedback from 76-year-old retirees, but also from 12-year-old schoolchildren who say, "Wow, it

10:48 really touched me. For the first time, I understand something and I have to do something. I know what's wrong with the system, and that's the greatest praise for me, actually, because so much heart and soul goes into a book like this. I completely believe you. I, I, always admire people like you, who can write such a tome, and I, and also the perseverance to sit and write line by line for two and a half years , correcting it. For me, there were so many moments when I wanted to throw everything at the band, when I even sent out my publisher and Christian, best wishes. I'm fed up. I'm fed up because I've still written seven books at the age of 12, so I have a pretty large output, but that's what cost me the most life time and gray hair, and almost my marriage, because

11:33 it's a very complex topic. My penultimate book took me a month, a month. I had it completely finished in my head, I just sat down and typed, typed, typed, yes, but that two and a half years was tough. What was so different about this book? Yes, the complexity, of course. We start with cycles: the democratic cycle, the war cycle, the generational cycle. Then we explain what money is. Then I explain the other investment possibilities. And then, of course, this technical blockchain, proof of work, which sounds unsexy at first. Yes, the general problem that Bitcoin solves, energy, giant, I also tried to dispel all the myths surrounding Bitcoin, the banks, and practically all the advantages that exist out there. Because many of you will probably be thinking: "Yeah, hey, Bitcoin, funny money from the

12:19 internet, criminals use it, all the advantages that exist, right? It uses a lot of energy, it's bad, it 's bad for the environment and you have to do some research and background discussions. I mean, I have thousands of sources, primary sources, no secondary sources, all primary sources and it takes time to read up on them. I'm now an expert in mining, I'm an expert in alternative energies, in nuclear energy, etc. And it was exciting. Well, I have also developed further, but that is actually the quintessence of my entire work, my life, is captured in these 600 pages . And a baby like that is pretty crazy , isn't it? Um, yes, a lot of questions. One that comes to mind quite spontaneously now, when you're sitting there writing this book, you go into it with conviction, right? You are Bit be known Bitcoin proponents. Yes. Maximalist, a good word for it.

13:06 Um, was there, hand on heart, was there a moment where you started to examine even deeper, even deeper and even more , right? Because you only get information if you want it that way, right? Um, as you yourself said briefly, wait a minute, now a belief of mine has changed or even become stronger. Uh, how often does it happen in a writing process like this? So with Bitcoin or generally with the book very often and with Bitcoin in general anyway, because there is this famous Rapid Hall by Alison Wunderland. It's the same with Bitcoin. If you go down this rabbit hole , you'll find lots of detours that have something to do with the monetary system . Whether we like it or not, money rules the world and we all invest or give away the most valuable thing we have, namely our life time, to make

13:52 money. And if this stored life time in the form of money is then taken away through taxes and levies, that's bitter, but if it is then taken away through inflation, then it is theft, then you have to take action and very few people out there know how money is actually created and how they should invest their money . We are financially illiterate in Germany. People do n’t talk about money in Germany. This is a big mistake. In the USA the very first thing they ask is, who are you? What are you doing? You deserve it, right? And if someone says, "Hey, I have, I am, I am a millionaire." Wow, great. in Germany only resentment and here Bonze and his team control. Yes, so we have to get a different way of thinking or a different mental attitude towards it. But the fact is that we in Germany talk about this topic too rarely. It's not even a school subject,

14:38 even though we all deal with money every day, but we don't know how it comes about or how we can invest it. And with the book, and with Bitcoin in particular, it was the same: you question a lot of things . That's why I described cycles, because we all have something to do with it, we are all influenced by cycles, whether we want to or not, whether we believe in them or not. So sun and moon, ebb and flow, young and old, these are all cycles. Yes, and now we are in the middle of this historical cycle and I think many people, who are perhaps a bit sensitive, also sense intuitively that we are at a turning point in history, not at the turning point of Olaf Scholz, but at a real turning point in history. An old system is coming to an end and a new system is emerging and it is an incredibly exciting time in which we live. Be specific: what is coming to an end and what is coming? Yes, this era of the Pax American, this

15:25 peace dividend that we experienced after the Second World War, is coming to an end. We can see that the hegemon, the USA, was on the decline with Joe Biden, I think the best symbol actually, a circular old man who was probably not quite right in the head anymore. um, he ruled the most powerful state in the world and, um, yes, suddenly they emancipated other states, the Principal States, like Saudi Arabia, Brazil, India, China, and said: "Hey, we may be emerging economies, but we also have a claim to a piece of the pie . We don't want to settle every raw materials deal with the so-called petrodollar, the oil dollar , but we also want to use other currencies, because the deal was always that the Americans are the world police, and for that, all states, especially in the Arab world, have to

16:11 pay for raw materials, oil, and gas deals with dollars, so that the Americans can, of course, participate. And that's how the US became an economic power in the first place . Yes. Mhm. And that does n't work anymore. We saw this withdrawal in Afghanistan, which was more chaotic. The Taliban, whom they were fighting, were actually told: Here's a billion and a few more weapons from us, go ahead." And he fought for years, wasted a lot of money, and of course thousands of people were left alive. And now we have complete chaos. We see that the geopolitical problems are getting bigger and bigger . We have geopolitical conflicts not only in Israel, Palestine, and Lebanon, but also, of course, in Ukraine, especially, and Russia. These are all cycles that are coming now, because at the end of this hegemony, when this Pax American era comes to an end, this period of peace , there will be

16:58 upheavals, uncertainties, recession, economic downturn, deglobalization, because suddenly blocs of protectionism emerge again , West against East, Russia against the USA, and then you have less security to plan, to do business. And that means less economic growth, more protectionism, and with it, inflation, stackflation, and thus rising prices, social unrest, discontent, the gap between rich and poor is growing, possibly civil war or war. These are always these logical conclusions, and we have 2000 years in the book. Monetary history is examined, and lo and behold, it's a cycle that keeps coming back: the rise of nations and then their decline. Just like people grow in the spring and then die in the winter. And so it is with the monetary system, as well as with

17:45 major powers, economic powers, and so on. And we're seeing this live right now : we're seeing the old system die, a new one emerge. Yes, completely. So, I think this sentence is quite apt. Um, if you want to look into the future, look into the past. Exactly. Yes. And if you look in the rearview mirror , you simply see so many parallels. Yes, you see, Wolter also said, history doesn't repeat itself, people do, and that hits the nail on the head. The generational cycle, which I described in detail in the book, simply shows that every 100 years, people actually make the same mistakes as they did 100 years ago. For example, now we're voting for extreme parties, we're sleepwalking back into armed conflicts. We're seeing inflation higher than ever before. Money is dying, a new

18:31 monetary system is emerging, Bitcoin, and so on. And why? Because we've been forgotten . Those who experienced the last major crises, like hyperinflation, like World War II, are all dead. I can only tell them about it. We only know it from history books, from some movies, and we say: "Yes, this time it will work, this time we'll do it better, right?" Like with socialism. This time it will work. But it never works. And now the great danger is that we simply don't learn from the past. Yes. Yes. Totally. I sign that immediately. The first sentence, I think, is in your book, "Our Monetary System Is Doomed." Yes. Would you like to describe that a little bit again? With pleasure. It's a great passion. Because, as I said, we work for money. We give up our lives, which are

19:16 really limited, to earn money. And if this monetary system were to be abolished, roughly all of them, how long do you think a The monetary system on average is like this: if there is exactly one currency, on average, I think I once heard, but it's also quite possible that the currency changes at least once within a person's lifetime . Exactly. So, for example, if you look at my grandmother, who lived to be over 90, she saw four currencies come and go. Four currencies. Yes, of course. Born in 23, there was the Reichsmark, then there was the D-Mark, then there was the GDR market, then there was the euro. Exactly, I also saw the euro change. Exactly. And in that respect, four currencies, and we actually already have two, and then the euro, right? And on average, I also showed that in a book , 2000 years of monetary history and a message that

20:03 must be conveyed to the viewer: money comes and goes. A currency lasts 80 to 100 years on average . And now we simply see that this money comes and goes. And why is that? Because the weakest link in The chain is always human. Regardless of whether they are monarchs, dictators, or democratically educated politicians, at some point they tend to undermine this monetary system, so to speak, because they always start with a stable monetary system, the gold standard. We also had the gold standard with the gold-backed dollar until after the Second World War, and in 1971, due to the Vietnam War, Richard Nixon, the then president of the USA, simply abolished the gold standard overnight, and all currencies were practically indirectly tied to the dollar . Thus, we had an indirect gold standard everywhere in the world, and

20:48 then, through corruption, through wars, through inability, through incompetence, this fixed gold standard is repeatedly unraveled, undermined, and then people simply start printing money. But printing money has never solved a crisis . Pressure has never created prosperity. And for this reason, we currently have the highest inflation in our lifetimes, and we can simply see that the second inflation is already coming, and we are all being devalued. Because if you sit outside in Bielefeld, in Lindau, in Kiel, no matter where, and say: "Hey, I bought a property five years ago and it's doubled in value." No, no, no, it hasn't doubled in value because your garden hasn't gotten any bigger. You have a new two-story property. You just have to put more paper money on the table for the same shabby property, yes, where you probably didn't do anything to it. No renovations or anything, but you have to

21:37 run on the hamster wheel twice as long because wages haven't risen as much as property prices. And on the one hand, it's not the property price or the gold price or the Bitcoin price that's rising, but rather the paper currencies that are being expropriated. Once you understand that we're being expropriated , that you have to put more and more money on the table for an ounce of gold, for a Bitcoin, for a share of XY, or even for a property in Frankfurt, then you realize, oops, something's going wrong here. Money is devaluing, not the gold price rising. Yes. Okay. Um, you said you advise people. Let's look at three scenarios. do and now, um , let's call him Max Mustermann, and he now has €1,000. He comes home from school,

22:22 somehow saved €1,000, and now says, Mark, I understand what you're saying and I also believe what you're saying, but I only have €1,000 now. Mm. Um, what should I do with that? What exactly do you want to say to him? I would definitely say, get five silver coins, get an ETF savings plan, and get some Bitcoin, and you can also make a savings plan there . So, what do you mean, a little bit of the €1,000? Why don't you tell him to go all in Bitcoin? No, with this concentration of risk, and of course, as a young person, he can take more risk , but I'm always a fan of diversification. I believe that Bitcoin, just as it has been in the past, will continue to be one of the best investments in the future. In fact, would you dare to say what development it

23:11 can achieve in the next 10 years or will go? So the question is , how much money will the central banks worldwide print? How low can the euro or dollar fall? And since they can print an infinite amount of money, Bitcoin practically has no upper limit, because fiat currencies have no lower limit. Okay. How much more money do you think they will print, which would then mean Bitcoin costs x€? Well, I personally believe that we are currently in the endgame of our monetary system , that we will also see doubts about the actions of the central banks. I expect that we will see a report that the central banks will have to intervene again and really step on the gas pedal and pump a lot of money into the system to save the stock markets and the banks. That will

23:56 play out in the next few years. And in that respect, I said early on, a few years ago, that Bitcoin would definitely reach six figures . In the meantime, I see Bitcoin at seven or eight figures. So, it could reach a million, which is relatively safe in my opinion. And probably even maybe 10 million. It all depends on how much is still being printed. Quite simply because, again, Bitcoin is the only limited asset we can finally name . We know that at just under 21 million units, it's over, and if the central banks simply print another 50 trillion, 10 quintillion, then you'll always have something different for a Bitcoin for a limited amount. So gold will also rise to €5,000 or €10,000 . Okay, I have to think about it. Gold has increased ninefold since the introduction of the euro. So the euro has devalued by 92%. So our purchasing power has been stolen. Officially, the Eurostat

24:42 Federal Statistical Office has lost almost 45% of its purchasing power in 25 years. Was n't that right? Sorry, I do n't have to ask these stupid questions, but I think there are a lot of other stupid people like me out there. There are no stupid questions. There are stupid answers. Uh, for the stupid ones. I'm here today on behalf of the stupid ones, the financially stupid. Um, precious metal gold, especially um, is n't there also the danger that one could be quickly expropriated? When you say that, you don't always talk about it, they know exactly, just like with real estate. The state always knows exactly who owns how much gold, and then they knock if it becomes a... I do n't see it as a danger. So, gold bans only existed when gold was part of the monetary system, and we don't have that at the moment. In addition, Germany has another, or worldwide, there was another

25:27 interesting option, namely, for years, up until today, you could purchase gold anonymously in what is known as an over-the-counter transaction. So that means you went to a dealer. Over-the-counter transaction means goods for money for a certain amount, right? Exactly. Until a few years ago, it was €15,000. In the meantime, it 's €2,000, but that time window is still open. But this, of course, has made the gold market or gold ownership so fragmented that it's incomprehensible. You would really have to go from house to house, Opening safe deposit boxes and so on. The effort is far too great. You always have to put yourself in the bureaucrat's shoes. They don't want to work, they're relaxed, they just want it. And the easiest thing, of course, is to consult the land register and then look at the property in Frankfurt and say, oh, look, Robin times the piece times the bill. That's why there was also the census, which

26:14 all property owners had to fill out. And in the last century, the German state resorted to exactly this option twice: in 1923 with the house interest tax and in 1948, i.e., 1952, with the debt burden equalization. And if you look back, the past is a good guide there too. States that were in predulia always resorted to real estate first. Either inflation, i.e., expropriation of money, or the property itself. In 2013, Greece introduced a real estate tax. €4 per square meter. It was only meant to be temporary. It still exists today and has even been increased. In Italy, they introduced it, and lo and behold. We've now completed the census , because the nice thing about real estate is, firstly, they're perfectly registered. Secondly, you ca

27:00 n't just hide them, bury them in the garden, or carry them across the border . That works with gold, it works with diamonds, it works with Bitcoin. Much easier. Okay. Yes. Okay. Makes sense. Um . Good. Max Mustermann now knows what to do. Now comes Max Mustermann's brother, Felix Mustermann, and he's a bit, a few years older, he's put a bit of money aside, it's around €100,000. Would you say that you would always give similar advice , right? So, regardless of whether it's Max with €1,000, Felix with €100,000, or the different football pro with a few million, how does that change? Absolutely. So there are a total of 53 asset classes, the classic ones that we know, right? So, government bonds, stocks, gold, call accounts, real estate, and so on. But there are many other

27:46 things. Diamonds, precious metals, forests. Then, of course, there's land abroad, real estate abroad, sneakers, Lego, Pokémon cards. So, there's nothing that doesn't exist. Whiskey, I'm thrilled. Whiskey, not a drinker, but a collector, and so on. What's the craziest thing you've invested in? Pokémon, actually Lego sets. Okay. And what do you have? Do you have Klurak, the glittering glitter? Unfortunately not, but I have one, but I think it's there. There are different ones. Yes, but a friend of mine in Switzerland has Europe's largest Pokémon mail order company, he can give you an estimate. Okay, I'll do that . I'll take photos. Do that. Send it over to you and then we'll take a look . Sneakers, so there's nothing that doesn't exist, and the more wealth you have, the more asset classes you can naturally draw on. I have clients who

28:33 are billionaires, they collect yachts or airplanes, yes, or cars or vintage cars, right? That's not even remotely true. Not my thing. I don't have any capital for it otherwise, but for me, a car is a commodity. For example, postage stamps were also popular in the past, and so on, wines, whiskeys, etc. But if you come in with €100,000, I can of course advise differently than someone with €1,000. That means you could consider, okay, you'll definitely invest in stocks, you'll invest in ETFs, you'll invest in Bitcoin, maybe you'll also invest in some precious metals, gold, and silver. Maybe you could add a diamond . You already have five assets, not just two or three, like someone with €1,000, or even buy larger amounts. And if someone 's into the millions, then you can also consider, okay, you'll invest in a forest, maybe, if it fits their age, maybe do something abroad, and so on.

29:18 That means 53 items, there's something for everyone . The lady might prefer a RM bag or some nice shoes, and the gentleman might want a good wine. or a whiskey. You're not interested in watches or anything like that . No, that's also part of it at the moment. So, it's now 2022/23, so we advised against advising on watches, classic cars, and real estate, which was perfect timing, because all the values ​​actually plummeted. A Rolex has already lost 30-40% of its value. It's slowly becoming interesting again, but you always have to pay close attention to what you buy and where you buy it. But of course, they're luxury items, you have to be clear about that. Okay. Um, Mark, forgive me for the following question. I would like to disclaimer at this point, you enjoy a high level of trust with me.

30:04 And I'm honored by that. Thank you. Um, and that's why I'm not misinterpreting the question . Um, many people now call themselves crash-pretenders. Yes. Um, how much, um, so demonstrably, um, are you right about the things you say? Um, how much marketing is involved? You are one of the best known, um, yes, they say, Financial experts in this country. Uh, they write to football professionals , uh TV stars and uh I know that uh and I do n't think that happens to that many people in Germany, right? You're one of the opinion makers and I'm an entrepreneur and above all, I would say, with all the

30:51 modesty I usually show, I'm also a good marketer uh in the things that I do behind the scenes . And I know that polarizing opinions and extreme opinions are easy to market. How much marketing are uh phrases like the greatest revolution of all time, the greatest crash of all time and how much genuine self-conviction is it? Marketing, if I'm being completely honest , zero. Okay. Crazy. Yes. And I mean, you know that best of all, because I sometimes ask you for advice, because I'm never marketing- driven, I am myself, so I 'm authentic and that's why people believe me . If I say something, I stand behind it. If I make mistakes, I can admit them. That's also a Greatness of character that one also says, maybe I was wrong. It's always a game of

31:36 probabilities. And I'm not forcing anyone to adopt my opinion, but I want to encourage people to think that I'm more right than wrong. Perhaps it's not just the nature of the matter that I might be lucky, but also because I really engage with it and make the right decisions accordingly. And I'm happy about that, too, because it's not just me who participates and profits, of course, but also many viewers and subscribers. I get that every day as thank-you emails, as letters, as comments, and so on. So, I never thought, okay, I have to use the book title because it's sensationalist, but I always thought that the crash is the solution. My second book was one of the most successful books in the economic sphere in Germany ever, with over 300,000 copies sold. Um, that was the quintessence of my research from this book, because

32:22 I realized that people only learn through failure. The crash is the solution. And I'm sure, if you look at your own biography, you'll also notice that the point in my biography where I really learned something was the crash. Yes, exactly. And everyone out there can perhaps relate to it in their own lives . When do you learn the most ? When you experience perhaps the first disappointment in love. experienced when you were rejected for the first time , the first five in mathematics and so on, something like that for me in the ninth grade, it was said very clearly. So, Mark, either you step on the gas or you stay put. I didn't feel like sitting still, I didn't feel like being part of the Deep Nation, I stepped on the gas. Yes, and suddenly it worked , suddenly I was really good and you just have to want it and that's why the crash is the solution, because humans have always learned to fail in evolution. People are at their best when they have their

33:08 backs against the wall and suddenly have to find innovative solutions. Then they suddenly invent medicines and so on, a thousand things, and everyone can understand it. It really is like a common thread through the evolution of humanity and that's why I said Schumpet, there is an Austrian economist called Schump Peter, who said creative destruction, something has to break first for something new to emerge and that's how the name came about. That means I sit down and think, okay, what provocative thing can I say to somehow attract attention? I do that enough with my own opinion anyway. Yes, I'm still here, I'm still old school, I only believe in two genders and things like that . It's completely frowned upon these days, or I just always put reason above ideology. I don't use pronouns. I am heterosexual and have three children. It's already a red rag to many people today . Yes, and I'm up here and

33:56 if I screw something up then I name it and I'm pretty hardcore in that regard and I don't think too much about the consequences and maybe a lot of people find it amusing and entertaining and others find it rather strange and condemn it, but I'm just not politically correct. Period, I just say what's going on and I think I feel I'm often on the right side of history. With Corona, I noticed from the beginning that what was happening here was a scam . Yes, sorry. And that's when I was attacked. In the meantime, you have to say, hey, no, it wasn't the safest vaccine in the world. It was a scam and the conspiracy theorists were often right and I'm very happy that I was on the right side of history and often earlier, when I was buying the pretzen for you, I was standing in this bakery and suddenly the saleswoman looks at me and says in broken German:

34:41 "Are you Mark?" And I totally yes and I have to hug her. And when she hugged me, she gave me this little piece . Yes, because she simply said , hey, without her I would have gotten through this crisis, without you I would have never gotten through this time, because I thought it was all a ball, Balla, what happened here? This mass psychosis, right? So in that respect, I just say what I do, where I arrive, I don't care. I just say what I think and I do it to the best of my knowledge and belief. My wife says I have Tourette's and that I talk too quickly too often, I think, but in the end it's all fine. I also think, I think that's also the people at the Lieben and G B Wasser. Yes, I think I'll put it or you have to get it quickly, everything stays in there, everything is original here. We are authentic and at this moment your boys can also walk through here. Can also say something

35:28 in front of the camera. There's water up here. Leave a like. Share this video 100% authentically. Now is the time to like, some come here or go pee. Exactly. They're doing that behind the scenes right now , but Mark, I'd say we'll just keep talking. Super. Um , you said you like to say what you think is [ __ ] in German. Thank you, Mark. Oh, thank you. Um, what do you think of this [ __ ] right now? Um, well Gratw is actually great because for the past few weeks we've been winning on all levels. So, the traffic light is over. That was the most important thing because it was the most incompetent government Germany had ever had with the wrong personnel. Um, many lies from

36:15 the Corona period turn out to be lies. Yes, so many of us, including myself, were actually right. I am very pleased. The truth always finds its way. We have seen that the media has been on the wrong path more and more often and is now being unmasked again and again, which is also nice. They are on the descending branch and Format der Beddese are on the ascending branch. We are in the future where people will say, I want to listen to a Robin or watch a Mark. We saw that Trump won in the USA , which I think is good. Why? Because, um, I think Harris would have just meant continued war and more division. And you can think what you want about Trump, but this team that he has built around himself, this Avengers-like team, you almost have to say, El Musk is one of the smartest and best entrepreneurs

37:02 in the world. No one can deny it, and he also did democracy a favor by saying, "Hey, I've just bought Twitter to celebrate democracy." I think the Twitter experience or X-es experience has improved massively since then . We see Vivegek Ramzwami, one of the most intelligent entrepreneurs in the USA, who are setting up a Ministry of Efficiency together, who are saying we simply have to reduce bureaucracy, we have to make America healthy again , which I absolutely see, Robert Kennedy wants to make America healthy again and so on and so forth. I am incredibly bullish and I am also an old friend of Argentina and Javier Milay the new president who is actually an anarchist, a liberal who had zero chance of winning the election, but first the craziest solution had to be found, Argentina had to be in such a bad way that they elected someone like him, as George Bernhard Scha once said,

37:48 an Irish philosopher and journalist who said: "Hey, it's time for crazy people, look at where they have brought the normal people ." And that is what we are experiencing . I mean, we have the worst economics minister, who has damaged the German economy more than ever before, but who now has the audacity to say, like a prince in his own fairy tale, that he wants to be chancellor, after we have brought Germany into the energy crisis, brought us bankruptcies, recession, the economy is, in plain English, going down the drain, all of that has gone wrong. But that's why I'm bullish, because if Javier Mile or this, um, Ministry of Efficiency in the USA, in the Trump administration, are a blueprint for other countries, then we will really experience a golden future . And we also need radical reform now, we need tax reform, we need new approaches, we need to think differently, because

38:34 the old ways no longer work. This is the time that I describe in the book and we all notice it, we feel it, we see it every day that we can no longer work with the old recipes in the future . We need new ways. We as humanity are currently at a crossroads. Do we want to go down the old, worn-out path that we have walked a thousand times, but straight into the abyss like lambs? Or do we take a new path that does n't even exist? We have to find it ourselves first. Throne dangers, these are shady characters. Yes, but let's go along there now and see where it takes us. Courage is always rewarded. I have too. And what's going wrong is, first of all, the monetary system and then, of course, that for a while now we've put ideology above reason everywhere, that we've thought we have to make everything better somehow, especially in Germany, we have to save the world and so on. We're way too small, so we

39:20 're really an FPS in history. The world will shake once and everything will be over. In this regard, we should concentrate again on the essentials . I think we have left the zenith of idiocy, wokeness and also socialism behind us. And the pendulum is now swinging back towards the middle. And that is why I hope that we can now build bridges again , that we no longer allow people to be divided, that we as humanity pull together, that is, together globally, for a better future. And I believe Bitcoin is a peace technology. I believe Bitcoin is the key to world peace. Actually, it sounds crazy, but I have a good gut feeling. Yes. Yes. Crazy. In any case, a sentence that has an impact. Um, I asked you earlier in Smalltag before the recording, what keeps you in Germany? Yes, maybe I

40:05 'd like to say it again on tape now , because I found the answer very, very inspiring. Maybe you can also say again what you think of in Germany, because there are a lot of people in my business environment, a lot of them, a really big lot, who are leaving, people who I think a lot of, who I think are really smart and intelligent, who are really great entrepreneurs, who are leaving in droves. Um, and you're saying with great fervor, no, I didn't even think about it. Um, why? So, it is my home, my country. I have a lot to thank Germany for, and my parents and grandparents helped build this country and made the prosperity that we all enjoy now possible with their

40:52 blood, sweat, effort and deprivation, and we have a certain obligation. I think it has something karmic to do with it, and then of course I say, when all the good people, when this brain training takes place, the intelligent people leave the country for a variety of reasons, which I can understand, I think the government is [ __ ] too, and I also think that we have too many taxes and that the country has made the wrong decisions in recent years with the nuclear phase-out, the refugee crisis, Ukraine, war, Russia, etc., Nordstream, but also of course Corona and so on. Nevertheless, I simply believe that Germany will have a great future . Firstly because of our geographical location, because we are in the heart of Europe, because we have an incredible culture, the land of poets and thinkers and because we are also a civilised democracy, but on the other hand also because we have an incredibly strong middle class here,

41:39 because there are hidden champions here, because there are intelligent people here and I simply think that if all the good people, if all the intelligent people leave, then we will be leaving the field to the idiots and we have seen them in government for three years now, or rather 16 years . This must not happen again. We really have to make sure that the intelligent people stay here and help rebuild and reform this country . And I simply believe in Germany, I am bullish about Germany. I believe that after this Kates we will rise again like a phoenix from the ashes , but it will be difficult at first because of course a lot of damage has already been done. When will the Phoenix come? Can you do that or would you dare to give a time trend like that? I think that's how it started sometime in the 1930s . It will only be in the next few years that the endgame of this monetary system

42:24 will lead to major disruptions and a lot of damage. Um, a lot of damage is called. What can you expect? Yes, loss of prosperity, of course. Mhm. And in extreme cases, it is always the case that such cycles end with either inflation, the death of the monetary system and then, of course, civil war or war. And that's why we're suddenly hearing this war rhetoric. That's why we're suddenly sleepwalking into a conflict with our European partners, with Russia and so on. I mean, I don't know if you've noticed, but all of a sudden left-wing parties, which have always been against war, like the SPD or the Greens, who were even founded as a peace party , who organized Easter mobs , who formed human chains to prevent wars, are suddenly talking openly about weapons systems and arms deliveries,

43:10 even though they had previously been ruled out on posters. no arms deliveries, war zones I would just remind you of that. With the Greens, we suddenly see this desire for war, for conflict, that people say we have to defeat the Russians, we have to prepare for the conflict, we have to revive the Bundeswehr and so on. And that makes me, as a convinced pacifist, quite dizzy, because my grandfather was in the war, he was there for the German Wehrmacht, and he said: "Hey, do one thing, do everything, but never one thing, namely war, never, because these are people your age, who are facing you, who only want to live, who only have families, because we are all made of flesh and blood. We all come from a mother, we were all babies, we are all somehow victims, that we are born in some country that suddenly wages war with others. And I can't

43:57 understand, because no species makes its life as hell as humans. So why should I exterminate the same species? That doesn't make any sense. And that's why I always say, if those who decide on war were to participate in the war, the war would be over tomorrow. And I am an absolute pacifist. I think what Putin did is [ __ ] . Absolutely condemning it. Yes, but still, how As Hermann Schmidt said, I'd rather spend 100 hours negotiating at the diplomatic table than even an hour shooting. And I'm simply a pacifist, and I simply believe that in the future, when we have made this leap in consciousness in the next few years, because the upheaval we are about to experience will catapult us to a completely new level of consciousness, then we will realize, oh, we are actually all made of flesh and blood, we can all feel empathy, we must now come

44:42 together as humanity. And I believe that so many mental boundaries will be torn down. Regardless of national borders, regardless of your sexuality or religion , that we will simply say, we as human beings are one unity, and we will now enable a better life for ourselves . Prosperity is possible for everyone , there is enough food for everyone. I'm incredibly bullish on this, which is why I try to contribute a little bit. But I simply say, that's where the journey will go. Okay. And no longer in some way in Thinking about national borders, football clubs, local patriotism, and the collateral damage that will now come our way will be significant, in fact, so that we won't just have a loss of prosperity, but perhaps, if things go wrong, war, and we should definitely always be vocally against that. Yes, okay. Yes, clear words from Mark. Um, it won't go down well everywhere. I know

45:28 the comments again, but hey, that's just how it is , right? You wear your heart on your sleeve, and I'm also open, I know when someone has a different opinion, I'm still someone who lives the discourse. So, in a pluralistic society, one has to be able to tolerate other opinions. I have friends who think differently. Nevertheless, I can still go for a beer with them . Unfortunately, in recent years, it's been lost that there is no longer a culture of debate, and that people are immediately deformed and discredited as, I know, conspiracy theorists or Nazis or whatever. And that's a shame. No, as I said, I'm far from as deep into the topic as you. Um, but I have to be honest and say that my gut feeling tells me that there is a lot of truth in what you are saying. Um, even if I would of course wish it to be different , but as I said, the crash is perhaps the solution. Um, and

46:13 perhaps we cannot avoid it. I think that in the nature of life, things often have to get worse before they can get better. Yes. Um, I would like to end this podcast, Robin, I have warmed to it . Let's put it this way: we have two thirds. Okay, good. But I would like to do something in the last third that is perhaps not done very often with you, if we somehow get you as a guest and shed some light on your private life , put it in the spotlight . Um, I don't know if you 're up for it, but you just have to do it now . You have no choice. Um, take us into the most challenging time of your life, if there was one.

47:01 Um, is there a moment you'd like to share with us? There are lots of you. Well, I'm someone who goesssips about animals. Well, there are lots of them. I'm someone who always has a positive attitude towards life, but who's also seen a lot of [ __ ]. I have bad days too, I cry too, I 'm sad too, I sometimes doubt myself. It would be a lie if it weren't true because I 'm human. Good days and bad days. It depends on the form, on cycles, on whatever. And um, I've had a lot of crises in my life, real crises. Well, I was cheated on by a girlfriend, left by someone who actually thought it was true love, and I nibbled at it for years, and then I let it all out and so on, and I was no longer capable of being in a relationship. So, I was

47:47 shitty to women then too, to be completely honest and hopeful. Yes, I'm not proud of it. Yes, so I apologize to everyone. 647 people are also there. No God. Um, or they're all coming forward now. Exactly. Call. [ __ ]. Um, I've lied in my life , I've made mistakes in my life , made bad decisions . I often thought I had to earn money quickly at a young age, and of course, it was always the beginning of the end. So, if your only goal is money, you're out anyway. You have to find your passion to be truly successful, then the money will come automatically, right? And, um, I've always been honest with myself, which is good, because no one knows yourself better than you do. I know my

48:32 deepest abysses, and I know my good sides. That's why I can proudly say that I have a good core and that I actually only want the best for those around me, and it's great to know that I'm on the right track, and so on. And I've also been ripped off by business partners. I was really disappointed a few years ago, because, yeah, If a business partner simply treats you differently, in a way you wouldn't have thought possible, then you're naturally disappointed, but that's also part of the journey, and we are all the quintessence of our experiences, even negative ones, which make you stronger, and I'm just a resilient person. I always say, I still see things positively, I still want humanity to move forward, even if many people might be stupid. Yes, I haven't become a misanthropist, and many people might

49:19 be negative or something, but I believe that in their hearts, people around the world always want one thing: for people to be well. They want to lead a good life, and I've traveled a lot, and traveling actually educates people to end it all around the world . I have almost every video where I say, "Hey, the world out there is better than we always think." I've experienced things like cycling through England and I had no money, and it was raining, and I didn't know where to sleep. Then someone took me in. So it always works. A door opens somewhere. You just have to manifest it and wish for it, and then it will happen. So, another story today from the baker. Yes, I wished. Yes, the baker was there because of you. I just thought, I always do that. Oh, I hope it has some flowers, otherwise you have to park really far and walk a long way, and at that very moment, because it's a very popular bakery, someone drives out.

50:05 My wish came true, just like, okay, thank you, dear God. Yes, that's how it has to be . And what other crises? Um, yes. Of course, during Corona, when I thought, yes, am I actually really, um, am I flying the wrong way with my opinion, with my gut feeling, or am I right after all, when a woman said, do you really want to position yourself like that? Right at the beginning, when it was relatively new, I had an argument at Spiegel with Peter Bofinger, a former economics expert, and then I said exactly what I was thinking, and of course there was a huge storm of insults and so on. And since then, the game has never invited me back, even though everything has come true now, right? He said Bitcoin will drop to zero. I bet Bitcoin is awesome, it's going to take off. Um, I said the corona measures are completely exaggerated and so on. That will definitely come out in the future, it's happened and so on. So, in that regard, I said, no,

50:51 I just have to do it because I feel committed to the truth. I'm a justice fanatic. I always have this image in my head. I was riding home on my BMX from the outdoor pool in Weiblingen, where I come from, and then I saw a small child being knocked off his bike by a bigger kid, who was even bigger than me, and I had to intervene because I had to help the little fat Italian—sorry, that was it, I had to help him, and I ended up bringing home a black eye, but I have to intervene because I'm just a very justice fanatic and I'm always there for the weaker ones, too. Andox have always grown on me, and yes, that is, so to speak, the story with the lows in life. Life, so to speak, there were always injuries. As a teenager, I was fat, was teased, and then had no friends for a long time , which also made me strong. Yes. Yes, and the last big thing that

51:36 happened this year when my mother died, unfortunately, was hard. Especially when you, I don't know about you, but when you see your parents aging, because then you also see yourself a little bit, and yes, when you used to, your parents were always the stable one, so to speak, and always had a lot of respect and they did everything for you and so on, and suddenly your position switches, suddenly you are responsible for your parents, have to take care of them . Yes, and that's one of those times when you realize, okay, now you're entering a new phase of life and then also this death—I'm not afraid of death, but then seeing your mother just die was nice on the one hand. I'm also completely at peace with it and so on, but of course it was, yes, it is The mom is always the mom who's gone. Sure, yeah, totally. Um, thank God I do n't have to experience that. Um, now

52:23 I said thank God, you said thank God earlier too. I even think that you once, I don't even know if you're aware of it. I would n't talk nonsense either, you even said in an interview inshallah . Um, um, does God play a role in you? So, now you said, bakery, dear God, maybe I can get a parking space here, right? So, how does God play a role in your life ? Yes, well, we might call it God or we might call it something else, but there is a higher power. I'm convinced of that and I just know it, I feel it and um, I know, I've determined that for myself too . There is a higher power and I just call it God, yes, but we don't have to attach any labels to it, and it's there and I've had a lot of experience with it.

53:10 Okay. Exactly. And In that respect, yes, it plays a role. I am religious. I believe in the church. I left the church. That 's just a cool business plan. But, wait a minute. Yes. Yes, I did that too. Yes. With the same convictions as you. Yes, exactly. So I have the church's everywhere. The church is of nature, the church is us and we also have a divine spark within us. But I believe in, I pray and I also believe in a higher power that accompanies us and is well-disposed towards us. And it will become more important for people in the next few years . Convinced. GL too. I believe that too. Um, if you, if I get too intimate, let me know, right? Um, you said, which position do you like best? Fine. Okay, let's go. No. Okay, you asked or did I ask? Whatever, I waited for you

53:56 . Okay. Uh, good. Uh, no, that's not how it goes. Um, too bad. [ __ ], thinking out loud. Uh, no, you said you had an experience. Do you want to share one? So, what brings you to this experience or to the conviction that there is this higher power? You said you had an experience . Several, right? Name one. I think many people have probably had experiences in their lives where they realized that there is more between heaven and earth than we can imagine. So often it is the case that I just know, I really had a guardian angel, for example. Yes. Um, no matter if you briefly look at your cell phone and then you are sitting in the car and really shouldn't be looking at your cell phone or other situations. Yes, I never did that, of course, right? But for

54:41 example, after graduating from high school, I went backpacking with the InterTicket and was traveling in England and Ireland and was completely exhausted. I got on the bus, for example, and then, half asleep, I saw how A backpack falls out of the bus. Then I suddenly fell asleep after two hours of sudden braking on the M5 somewhere in central England and the bus driver said [ __ ] and then yes, actually that's exactly what happened. So it was actually the backpack of my companion and my wife, the next one and it was like that where I thought, what's going on now ? And then I was in Ireland and in Ireland I had no outside influences, hardly watched any TV and suddenly for the very first time I was

55:27 alone with myself and nature. And there I experienced things where I thought , what's going on now? For example, I was completely ill for three days, everyone was worried, I had fever dreams and I just thought about my grandmother the whole time and I couldn't, I couldn't do anything, I couldn't move. I didn't know if it was morning or evening? I've never had that before. Never, really never. I felt absolutely miserable. I remember a friend brought me some hot tea and I thought, okay, come over here for a bit. Close my eyes, I drink it. And when I opened it, it was ice cold and it was dark outside. It felt like it was three minutes, but it was probably ten hours. And the first thing I could do after three days, after I was feeling somewhat better and I was constantly thinking about my grandmother , was I went to a phone booth (they still existed back then, it was

56:13 1996) and called my grandmother at home. She wasn't answering the phone. Then I called my father and asked him, "Hey, what's wrong with Grandma?" And he was completely shocked because he didn't even say anything at first. Then he said, yes, she was bitten by the snake, life-threateningly, practically poisoned, and is in the hospital. And she told me afterwards what she felt during those three days: completely, I have no strength left in my body, I can always, I don't want to anymore, I could die now, and I felt that for those three days, too, in the fresh air. I had I simply no longer had the strength to go to the toilet. I just thought it was over and I was simply connected and it wasn't by chance. Yes, that's such a crazy connection to your grandma, right? Yes, apparently and what, yes, but also consciously or it was from then on. So, I loved it, of course, and so on, but it was more than I thought

56:59 , because she lived far away and also, um, that I met people with whom I immediately, it clicked and everyone knows, where you realize, I've actually known him for ages. For me, it's connected to him, soul mate, and the same goes for my current wife, who saved my life. If I had n't met her, I probably wouldn't be here anymore, because back then I also went astray, I was just working and not taking care of myself anymore. But that I met people in my life with whom I simply realized, wow, hey, I feel connected to them. I actually believe in reincarnation too . I know Also, I got off the bus in Ireland and immediately realized I'd been there before. No joke. So, that's how it is. Yes. Yes,

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