Latest / Simply Bitcoin / Prepare for Bitcoin to EXPLODE! | Simply Originals
Transcript
- 0:00Just in, Bitcoin is officially broken.
- 0:02The four year cycle. That's right, Happy New year
- 0:05everyone. The cycle is broken.
- 0:07Uncharted territory for sure, but Bitcoin doesn't care.
- 0:10It's walking into 2026 like this, ready to RIP out fiat's
- 0:14art. I'll tell you why the world is
- 0:16waking up to what Max Keiser said back in 2015.
- 0:20Wall Street is fraud. America is fraud.
- 0:21The world is fraud. Banks are fraud.
- 0:23Central banks are fraud. Live in an era of fraud.
- 0:25It's all based on fraud, and they get a percentage of the
- 0:27fraud. That's the business model.
- 0:29To suggest that there is any moral or ethical aspect to
- 0:31anything that's going on now is to be completely naive about the
- 0:35fact that we live in an era dominated by financial
- 0:37terrorists, terrorists, terrorists, jihadis of banking.
- 0:42They're here to kill you and themselves.
- 0:44They don't care because they're trained at madrasas called
- 0:47Princeton, Harvard and Yale. They believe in an ideology, not
- 0:51the Quran, but Adam Smith that they completely misread and
- 0:54interpret as something to justify.
- 0:56They're blowing themselves up. And the cost of terrorism is
- 0:59cheap. 911 only cost. $500,000. The ability to borrow money and
- 1:03take over a company by Warren Buffett is 0.
- 1:05He's borrowing money at 0. He's taking all those jobs away.
- 1:08He's creating economic destruction because you're
- 1:10financial terrorism. And that's the area that we live
- 1:12in today. Why are we going to stop it?
- 1:14There's only one way to stop it. Raise interest rates right now.
- 1:18Make the cost of terrorism too high.
- 1:21Do it today. If you don't, you're a
- 1:24terrorist. Jenny Yell is a terrorist.
- 1:26Mario Draghi is a terrorist. The Central Bank of Japan is a
- 1:29terrorist. These are the real terrorists,
- 1:31not the immigrants, not the people dying in the water.
- 1:42And guess who can't raise rates anymore?
- 1:45The people can see it, and it's becoming common knowledge that
- 1:48America is being eaten alive. Sacks.
- 1:51A year from now. What will happen?
- 1:54In relation to what? We've seen in Minnesota.
- 1:57Well, I hope that there will be a serious investigation.
- 1:59I hope that there will be indictments.
- 2:01I hope there will be deportations, hopefully massive
- 2:04amounts of deportations, and I hope there'll be impeachments to
- 2:07some of these officials who let the fraud happen.
- 2:11So the country is being eaten alive.
- 2:13It feels like by fraud, government funds are being
- 2:17stolen, votes are being stolen, I believe elections are being
- 2:19stolen. And it all comes from the fact
- 2:22that the party of government doesn't really care where the
- 2:26money goes. It's all just patriots to them,
- 2:28whether it's to Somali daycares or whether it's to this high
- 2:31speed rail line that doesn't have one piece of track laid.
- 2:34I mean, how much is California wasted on that?
- 2:37Or 24 billion to the homelessness only to see the
- 2:39homeless population increase? Look, these politicians don't
- 2:43care how the money is spent at all.
- 2:45All they care about is rewarding their supporters.
- 2:48That's the whole game. And then those supporters round
- 2:51trip a portion of the ill gotten gains they've gotten from the
- 2:54government back to those politicians.
- 2:56That's the whole game. And then when the whole thing
- 2:58blows up because it's just so corrupt and inefficient and so
- 3:02absurd, what do they do? They try to find productive
- 3:05people to scapegoat, and they say that billionaires are your
- 3:08problem. They'll blame billionaires for
- 3:10that, or they'll blame the tech community.
- 3:12Look, the startup community, the tech community is one of the,
- 3:14I'd say, last, extremely well functioning parts of American
- 3:18Society, but they don't control it yet.
- 3:20And so that's what the politicians will do, is they
- 3:23will try to find scapegoats to expand their control and expand
- 3:26the size and scope of the corrupt system that they're
- 3:29running. And if you want to know why
- 3:30Bitcoin is set to explode in 2026, look no further than the
- 3:34morons stealing from the populace and here breaking the
- 3:39biggest print of our lives is about to smack us in the chops.
- 3:43And jokes on them that thank you Jerome, I'll have another.
- 3:48And if you think accountability is coming to the fraudsters, you
- 3:52got another thing coming because they're all in on it and we have
- 3:55the receipts. Bad news for the Status and Fiat
- 3:58overlords. The peaceful revolution is about
- 4:00to be unleashed on a scale never thought possible.
- 4:04Buckle up. Get ready for a fistful of
- 4:05freedom. Happy New year.
- 4:07Let's get this party started, shall we?
- 4:17Has anybody else started to reach their breaking point or a
- 4:19boiling point? This is starting to look like a
- 4:22country that I am no longer proud to have served.
- 4:26I've been working my entire adult life and I have paid half
- 4:32or more than half back to the government in some way, shape or
- 4:35form in taxes for the past 30 years.
- 4:41And if you don't believe me, look up everything that you have
- 4:43that is taxed. State income tax, federal income
- 4:46tax, property taxes, payroll taxes, Medicare taxes, Medicaid
- 4:51taxes, sales taxes, everything is taxed.
- 4:58Everything. And we have a political
- 5:01apparatus where half of them say that if you don't keep us in
- 5:05power, we will steal from you so that we can import people that
- 5:10will. So shut up and go back to work
- 5:13and another side of the aisle that is either in on it or is
- 5:17totally complete chicken shit and won't do anything about it
- 5:21and won't even try to actually represent the people that vote
- 5:25for them. Is anybody else getting to a
- 5:29point where we feel like we cannot vote our way out of this?
- 5:32Where does that leave us? Because nothing is going to
- 5:35happen about the fraud. Nothing.
- 5:38All of the fraud that Elon Musk and Doge exposed, the Republican
- 5:41Congress put it on the backburner and refused to vote
- 5:45on it. Turn around to the American
- 5:47voter that put them in power and extended one of these.
- 5:54It doesn't matter what we do. This situation is completely
- 5:59freaking unsustainable. Totally and completely
- 6:02unsustainable. It's a waste of time to vote and
- 6:07it's a waste of energy to pay taxes so that we can give it to
- 6:10people that are going to steal from us.
- 6:12And then we can send it to other countries that hate us.
- 6:15And we can send it to people in the European Union that look
- 6:18down their nose at the American worker and say, good little
- 6:21bitch, go back to work. It's putting us in a helpless
- 6:28situation. And I don't think the people in
- 6:30Washington living in that bubble realize the anger that is fuming
- 6:36outside of the borders of that city.
- 6:40And I am not interested in watching another theatrical
- 6:44congressional hearing where a couple of ballsy Republicans
- 6:48bitch out a corrupt leftist and then nothing happens.
- 6:54Accountability and a tax strike is what needs to happen.
- 6:58Veterans are losing pride in America and I think everyone is
- 7:01at this point. Voting harder won't do it,
- 7:03despite what the TV may think. Let's watch this real quick and
- 7:07then I'll explain their obvious slant and total neglect of the
- 7:11truth. Here we go.
- 7:14It is totally appalling, but it is also unsurprising.
- 7:18And that's because it's a microcosm of what ails the
- 7:21Democratic elites. That's our Wyatt Matters segment
- 7:25for the night. The latest revelations join
- 7:28others in which suspected Somali fraudsters stole more than $9
- 7:32billion in federal funds from 14 state-run agencies dating back
- 7:37to 2018. Somali Americans make up 89% of
- 7:42the defendants charged. The absolute scale of the fraud
- 7:46just beggars belief. Where were the spot checks?
- 7:50Where were the officials? It seems totally impossible that
- 7:53the Democratic leadership was not somehow in on this.
- 7:56Just think about how outrageous this is.
- 8:00You are wondering whether you can afford to have another child
- 8:03because childcare is so expensive.
- 8:06Meanwhile, a group of Somalis in Minnesota got $110 million for
- 8:11childcare centers that don't exist.
- 8:14You can't afford to buy a home, but 100 Somalis spent millions
- 8:18on luxury properties, millions of your taxpayer dollars.
- 8:22You're paying $30,000 a year for terrible health care.
- 8:26And they got millions for healthcare centers that they
- 8:30never opened, for patients that they never serviced.
- 8:34But the fraud is a microcosm of an illness that plagues are
- 8:37political elites, especially on the left more broadly.
- 8:41Everybody comes before you. For decades, the Democrats have
- 8:45pushed for mass migration, both legal and illegal, which drove
- 8:49down the wages of working class Americans while making
- 8:52competition for housing, healthcare and an education, the
- 8:55hallmarks of the American dream, even fiercer.
- 8:59And if you objected, if you had the audacity to ask why your
- 9:03children were being disinherited in your country, the Democratic
- 9:08elites called you racist. Leftist American elites
- 9:11developed an entire woke vocabulary as a smokescreen to
- 9:16mask the mass pillaging of the American working class.
- 9:20They smeared hard working people who work 10 times harder than
- 9:24they do by the way, and make a fraction as much.
- 9:27When those working class Americans objected to having
- 9:29their jobs sent overseas and those jobs that remained here
- 9:32degraded by a glut of cheap labor, millionaires on cable
- 9:37news called you racist if you said, wait a minute, why don't
- 9:41my kids matter? That's why people are so angry
- 9:45about the Somali fraud case. It is the epitome of the fraud
- 9:49perpetrated on the American people through the collusion of
- 9:52the Democratic Party, the liberal media and people willing
- 9:55to take advantage of the immense generosity of the American
- 9:58people and then spit in our faces.
- 10:01OK, Madame, pretty good, but you seem to be missing some major
- 10:05items. Get ready to spit out that
- 10:07coffee. Exhibit A Senate Republicans
- 10:10request $5.6 billion budget for mass migrant resettlement in the
- 10:15USA for all costs, including welfare programs for migrants.
- 10:19I mean, come on, no lies detected here.
- 10:22But wait, there's more. Exhibit B Tom Emmer is
- 10:26frantically posting about deporting Somalis despite the
- 10:29fact that he helped facilitate their entry and political rise
- 10:33to power. The GOP is complicit in this
- 10:36fraud with Democrats, no matter how hard they try to pretend
- 10:39otherwise. Oh wait, is it the Golden Age
- 10:43you're here for? Well, sorry for taking a crap in
- 10:45your Fruity Pebbles, but let's go ahead and just do a little
- 10:48check in on the Golden Age real quick before Exhibit C.
- 10:52The Golden Age Review. Cost of living all time high.
- 10:55Housing record, unaffordability, Healthcare prices record high
- 10:59food prices all time high. Government spending all time
- 11:01high. Do you see a trend?
- 11:03Government fraud all time high. No Epstein lists no arrests, no
- 11:07voter ID law, no jobs available. Bomb Nigeria, Bomb Venezuela,
- 11:10threatening to bomb Iran again. Trump wins the Israel prize,
- 11:14Congrats on that. Epstein files redacted.
- 11:17Youtubers doing the FBI's job. 5 billion for refugee
- 11:23resettlement. An absolute shit show.
- 11:25And now let's go to exhibit C. Here is a list of individuals
- 11:29who defrauded the American public.
- 11:31U.S. financial institutions and taxpayer funded systems out of
- 11:35billions and billions of dollars through bank fraud, securities
- 11:40fraud, Medicare fraud, insurance fraud, and foreign influence
- 11:43schemes. They collapsed banks, looted
- 11:46public insurance pools, exploited federal healthcare
- 11:49programs, corrupted political processes, and wiped out
- 11:52retirement savings. And they just so happened to
- 11:55share one thing in common. Donald Trump pardoned or
- 11:59commuted them. Let's go ahead and start with
- 12:01this guy Rubashkin. In 2009, a federal jury
- 12:05convicted Rubashkin on 86 felony counts, including bank fraud,
- 12:09wire fraud, mail fraud, false statements to lenders, money
- 12:12laundering. And in December 2017, after
- 12:15Rubashkin had served just eight years of his 27 year sentence,
- 12:19Donald Trump commuted the sentence in full, his first
- 12:22major act of presidential clemency.
- 12:25How about this guy Michael Milken, the junk bond king?
- 12:29At his peak, Milken was reportedly earning over 500
- 12:32million per year, becoming one of the highest paid individuals
- 12:35in financial history. In February 2020, Donald Trump
- 12:39issued a full presidential pardon, completely wiping
- 12:42Milken's criminal record. Trump cited Milken's charitable
- 12:45work and claimed to his original prosecution reflected excesses
- 12:49of the 1980s financial crackdown.
- 12:51And this guy Phillip S Formas, I don't know how to say that last
- 12:54name, but the largest Medicare fraud in U.S. history.
- 12:58In 2019, S Formas was convicted by a federal jury on 20 felony
- 13:02counts, including healthcare fraud, conspiracy, paying and
- 13:06receiving illegal kickbacks, money laundering.
- 13:09The Department of Justice described the case as the
- 13:12largest Medicare fraud scheme ever prosecuted, totaling 1.3
- 13:16billion. In December 2020, after serving
- 13:19just 4 1/2 years of his twenty year term, Donald Trump commuted
- 13:22his former sentence, leaving the conviction intact but freeing
- 13:25him from prison. The White House cited support
- 13:28from quook community leaders and legal advocates, emphasizing
- 13:31charitable contributions rather than the scope of the crimes.
- 13:34I actually have like 8 more examples, but let's just assume
- 13:38you're getting the idea and go look into it.
- 13:41See what other similarities you find.
- 13:43But we've been talking about the problems, now let's talk about
- 13:46solutions. Because this growing angst
- 13:49fueling the rising move for a tax revolt.
- 13:51Maybe it's time to stop pardoning and commuting
- 13:54criminals, and maybe pardon the American people from government
- 13:59theft. I mean, real Americans are so
- 14:02fed up with this type of fraud by Somalis because we feel that
- 14:06there's no mechanism for you and I to stop it.
- 14:09We watched the Pentagon fail like 8 audits in a row, $300
- 14:13billion to Ukraine and no receipts for that. 178 countries
- 14:18in this world are being given our tax dollars while you and I
- 14:21are struggling to pay our mortgages and put our kids
- 14:24through school. Then we go to the polls and we
- 14:26elect people because they say they will be more fiscally
- 14:29responsible with oversight and blah blah blah.
- 14:31And then they get to DC and they vote for this crazy pork anyway.
- 14:35And then they criticize the one guy that does what he said he
- 14:38was going to do in Rand Paul when he votes no on all these
- 14:41crazy things, even when they're Republican bills and other
- 14:44Republicans call him the problem.
- 14:46And we all get stern, like, this is all we get from these people,
- 14:49sternly worded letters to this person and hearings and
- 14:52referrals. And, you know, these people are
- 14:54bleeding us dry. They're skating criminal charges
- 14:57for laundering the GDP of Somalia to al Shabaab.
- 15:01So here's something Trump can do to break the system.
- 15:04And I'm proposing a really bold solution here that he can do
- 15:07with a stroke of a pen. And no judge or even Congress
- 15:12can stop him. As we found out from Joe Biden,
- 15:15Trump comes out tomorrow and preemptively pardons every
- 15:18American who's been a citizen and resident of the United
- 15:21States for more than 10 years for not paying their federal
- 15:25taxes in 2026. And he should do it with Mike
- 15:28Johnson and John Thune standing right next to him.
- 15:30He should turn around to them and say afterwards, your move,
- 15:33guys, I just cut your $3 trillion of your revenue.
- 15:38Might want to start making some of those cuts.
- 15:40Drop the mic, walk out. You want to see Congress get
- 15:43serious about cutting pork, That's what it's going to take.
- 15:46One thing will be for certain. Once again proving that Trump
- 15:49sees how frustrated We the People are.
- 15:52Here's the truth and we are very near that number of of fraud and
- 15:56beyond. Be sure to check out yesterday's
- 15:58show if you haven't. We deep dived into some of the
- 16:00Minnesota and beyond. But if you cut 1.5 trillion and
- 16:04fraud, you could you could exempt all income tax up to 200
- 16:07K Regardless of whatever these corrupt dent Vipers and thieves
- 16:11decide to do, Bitcoin wins. Here's the sign of things to
- 16:15come. On the final days of 2025, banks
- 16:17pulled 74.6 billion from the Fed's standing repo facility
- 16:22backed by Treasuries and mortgage bonds.
- 16:24This was the largest single day usage ever since COVID.
- 16:28That is not emergency QE or money printing per SE.
- 16:31What we're seeing is a year and funding squeeze, something that
- 16:35happens almost every December. Banks often reduce private
- 16:38borrowing at year end to make balance sheets look clean.
- 16:41What matters is what happens next.
- 16:43When year end funding stress shows up like this, the Fed
- 16:46usually stays flexible in the months coming.
- 16:49They avoid tightening too hard because they already see where
- 16:51the pressure points are. That means less chance of
- 16:54aggressive tightening, more comfort with rate cuts or easy
- 16:57liquidity in 2026, lower risk of sudden funding shocks for
- 17:01markets. This is important.
- 17:03When the Fed quietly supports funding at the edges, Risk
- 17:05assets usually benefit over time.
- 17:08This is not instant bullish news, but it reduces downside
- 17:11risk going into 2026, which is exactly what risk assets need
- 17:16before bigger moves start. The truth of the matter is this.
- 17:19Either we separate money from state or get used to the vicious
- 17:23cycle. The degradation of human
- 17:24autonomy rises and freedom vanishes.
- 17:27The dollar is the enforcer of this caste system.
- 17:32I mean, do we really even know how much we pay in taxes?
- 17:35Is that what the founders intended?
- 17:37I don't think George Washington, Thomas Jefferson, or Andrew
- 17:40Jackson would have stood for any of this shit.
- 17:43My dad took to ChatGPT to try to ask it.
- 17:46What is the total summary of the percentage tax burden on full
- 17:49time working Americans? Real world impact?
- 17:51How much of your money actually goes to taxes?
- 17:54Federal income tax, on average is around 15%.
- 17:57Social Security and Medicare employees contribute 6.2% of
- 18:02their wages, 1.5% to Medicare, totaling 7.65%.
- 18:07You've got income taxes, you've got sale taxes, you've got
- 18:09property taxes. In 2022, the Organization of
- 18:13Economic Cooperation and Development reported that the
- 18:14overall tax burden on a single worker in the US with pre tax
- 18:18income of 70,000 was around 21,000, amounting to 30% tax.
- 18:23So 30% of your money. So if you work for an entire
- 18:26year, that means you're working from January 1st until, you
- 18:30know, the end of March basically for somebody else.
- 18:33And then you get to work for yourself.
- 18:34You're working for the tax man for three months out of the
- 18:37year. Well, four months or 30%.
- 18:40Thirty of the year, 4 months. Sorry.
- 18:42So the end of April, When analyzing the tax burden on
- 18:45American workers, it's essential not just to consider direct
- 18:47taxes, but hidden taxes embedded throughout the supply chain.
- 18:51So the direct taxes on income can get up to 30 or 40%, but
- 18:54then the embedded taxes and the goods and services that you pay
- 18:57for, since, as we explained with the beer, everything you pay for
- 19:01is taxed and has been taxed over and over again every step of the
- 19:04way throughout the supply chain. So that could really get up to
- 19:07around 20 to 40%, meaning that the overall tax burden on your
- 19:13income, the money that you make and spend is likely up around
- 19:1760%. OK, so the, the total estimated
- 19:20tax at the end. So you've got sales tax at the
- 19:23final purchase. You've got all of the taxes
- 19:26because remember, it's, it's like property tax and then
- 19:28payroll taxes, excise taxes, regulatory fees, tariffs, import
- 19:31duties, all of these things are factored into the price you're
- 19:34already paying for the product. You pay taxes on top if you get
- 19:37that, and then you have inflation as a hidden tax that
- 19:40accelerates everything even higher.
- 19:42But even leaving that to the side, here are the components.
- 19:45Direct taxes on income 30 to 40% taxes, taxes embedded in goods
- 19:49and services 20 to 40%. Sales tax on final purchases
- 19:52zero to 10%. And then the inflation impact is
- 19:54variable and often underestimated.
- 19:56Final estimate when considering all taxes and inflation.
- 19:59The real world tax burden on an average full time American
- 20:01worker can range from 50 to 70% of gross income.
- 20:07Just know when we're talking about these hundreds of billions
- 20:09of dollars being handed out to God knows who to do God knows
- 20:13what with, we're talking about at least half of your money
- 20:18going towards funding that. At least half of your money,
- 20:22likely more like 3/4 of your money or 70% of your income is
- 20:29stolen directly from you by the government who is through a few
- 20:34series of, you know, a couple degrees of separation, holding a
- 20:38gun to your head to get it. Yeah.
- 20:40You don't have a choice to pay taxes.
- 20:42They'll throw you in a concrete box if you don't.
- 20:45So they're robbing you for half of the money you make at least.
- 20:50And that's that's the average American.
- 20:51That's not the higher end that they pay the big chunk of taxes.
- 20:55That is a $70,000 income level is paying 50 to 70% of their
- 21:02money in taxes when it's all added up.
- 21:05And you wonder why we're so broke.
- 21:06The solution was born on Jan 3, and this January 3rd Chancellor
- 21:10isn't the only one seeking A bailout.
- 21:13It's systemic. We're about to bring it home
- 21:15today. But remember, self custody is
- 21:17the revolution. Before we hear from the greatest
- 21:20statesman of our lifetimes making the case for Bitcoin,
- 21:23look at our likes. Three or four times maybe I pump
- 21:26those numbers up. Those are rookie numbers in
- 21:28this. Racket Let's take a quick second
- 21:30for our sponsors who keep this show on the air over at The
- 21:32Bitcoin Way if your wealth lives in their system it's not yours
- 21:36it's theirs that's why we scream Bitcoin.
- 21:38That's why you self custody and that's why you call our friends
- 21:42over at the Bitcoin way. They'll walk you through multi
- 21:44sig self custody privacy, how to run a node and the tools that
- 21:47keep you sovereign when the Fiat system pulls the plug.
- 21:50Don't wait till it's too late. Book a free 30 minute console
- 21:53today using that link in the show notes Need cash but don't
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- 22:13slash simply to learn more and get 25 basis points off your
- 22:17first loan. Hello everybody, and thank you
- 22:19for tuning into the weekly report to Make America Great
- 22:23Again. Separate Money and State
- 22:27Delivering Emergency Price Relief for American Families and
- 22:31Defeating the Cost of Living Crisis is the title of one of
- 22:35the many executive orders President Trump issued in his
- 22:38first week back in the Oval Office.
- 22:42This executive order directs federal agencies to deliver
- 22:46emergency price relief to the American people by reducing
- 22:50federal regulations that increase the cost or limit the
- 22:54supply of healthcare, housing, energy, and other goods and
- 22:58services. Repealing regulations is an
- 23:02effective way to reduce cost and increase supply in the affected
- 23:07industries. However, the price increases
- 23:10caused by regulations are sector specific.
- 23:15Economy wide price increases are caused by the Federal Reserve.
- 23:20Widespread price increases are the result of inflation.
- 23:24Inflation occurs when a central bank lowers interest rates by
- 23:29increasing the money supply. In his remarks by video on
- 23:34Thursday before the World Economic Forums yearly meeting
- 23:38in Davos, Switzerland, President Trump said he would soon meet
- 23:43with Federal Reserve Chairman Jerome Powell to demand the Fed
- 23:48cut interest rates in order to help Americans cope with high
- 23:52prices. Pumping more money into the
- 23:55economy may give some of consumers a temporary boost in
- 23:58purchasing power, but a long term effect of the cut will be
- 24:03further erosion of most American standard of living as the influx
- 24:08of new money causes the dollar to lose value.
- 24:12The short term benefits of any increase of the money supply and
- 24:17reduction in interest rates are mostly felt by the well off
- 24:21since they received the new money before other Americans, so
- 24:26they enjoy increased purchasing power before the Feds.
- 24:30Inflationary policies cause prices to rise.
- 24:34Interest rates are the price of money.
- 24:37As with all prices, interest rates inform market actors about
- 24:41the market conditions. When the central bank
- 24:44manipulates the interest rates, it distorts the signals sent to
- 24:49the market actors, causing misallocation of resources.
- 24:54The result is a bubble that produces a short term boost in
- 24:58employment and income. However, the bubble will
- 25:03eventually burst causing a recession.
- 25:07Just as middle and lower income Americans suffer most from the
- 25:10Federal Reserve cost price increases, they are the primary
- 25:15victims of the Federal Reserve caused recession.
- 25:19The best thing Congress and the Federal Reserve can do when a
- 25:22bubble burst is let the recession run its course.
- 25:27Recessions are necessary to remove the distortions caused by
- 25:31the Federal Reserve's easy money policies.
- 25:34Of course, Congress and the Federal Reserve refused to take
- 25:37the sensible, though politically difficult path.
- 25:41Instead, they set the stage for the next bubble via the stimulus
- 25:46spending and low interest rate. President Trump's claims he
- 25:51knows more about interest rates than does Federal Reserve
- 25:55Chairman Jerome Powell. Whether or not President Trump's
- 25:59experience in real estate development, a business that is
- 26:02very sensitive to changes in interest rates, makes him more
- 26:06of an expert on interest rates than Chairman Powell is beside
- 26:10the point. No politician, bureaucrat, or
- 26:14central banker can know the correct interest rate.
- 26:18The only way to know the correct rate is to allow individuals
- 26:23acting in a free market to set the interest rates.
- 26:27Despite his misunderstanding of monetary policy, President Trump
- 26:32deserves credit for publicly criticizing the Federal Reserve.
- 26:36President Trump should follow through on his critiques of the
- 26:40Fed by working with Congress to pass the Audit the Fed bill and
- 26:45legislation allowing people to use alternatives like precious
- 26:49metals and crypto currencies. Restoring a free market in money
- 26:55is key to fulfilling President Trump's inaugural pledge to
- 26:59bring about a new golden age. Thanks for listening.
- 27:04What's it going to be? Which way western man?
- 27:07Hope you all enjoyed this one. Let us know what you think
- 27:09below. We stand with you at the turning
- 27:12of the tide. Don't forget to like, subscribe
- 27:14and give us a PAMP Share the sound money gospel in May 2026
- 27:18be the year where hope doesn't fail us and the peaceful
- 27:21revolution becomes undeniable. I love you guys.
- 27:24Have a great weekend. I'll catch you next time.
- 27:26Love you guys. If you prefer to go down with
- 27:29the ship.