Archive for the ' inflation' Category

This episode is inspired by Paul Harvey's epic segment from 1965 called, "If I Were the Devil", where he outlined what the devil would do if he wanted to take down the United States.

In this episode, I attempt to update his nearly sixty-year-old rant with some specific and recent examples.

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When the month started, I assumed the big story would be Covid - the vaccine, talk of vaccine passports, mask mandates and the continued bullying, harassment and discrimination against the unvaccinated (the subject of Episode 163). Instead, Resident Biden purposely created one of the most disgraceful and unforgivable scenes in American history in Afghanistan.

I also discuss a story (one that you are likely unaware of) that will have a more significant impact on your life in the long run than either Covid or Afghanistan - it has to do with Russia and Saudi Arabia.

Show Notes

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In this episode I present the case against the National Democratic Party. You serve as the grand jury. You decide if the case presented justifies the imaginary indictment against them.

The charges include public perjury, willful negligence, criminal incompetency, conspiracy to destroy the union, violations of the First and Fourth Amendments, aiding and abetting tens of millions of murders via abortion, conspiracy to commit vote fraud, selective enforcement of federal law, thousands of charges of third degree manslaughter, falsification of documents, criminal intent to take down the currency and the economy, violating their oath of office, collusion with private companies to limit free speech and violation of federal discrimination laws.

Show Notes

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You have probably heard the term Modern Monetary Theory or MMT thrown around recently. It is all the rage with our overlords in Washington, D.C. But what is it?

In this episode we examine the destructiveness of MMT and learn that there is nothing modern about debasing your currency by printing worthless pieces of paper backed by nothing. We also learn that MMT is not a theory but more political propaganda backed by nothing resembling real economics or public policy.

Politicians who endorse it or do not oppose it vigorously are willfully negligent!

Show Notes

The Bob Murphy Show #18: Warren Mosler Defends MMT

The Bob Murphy Show #24 - Murphy Dissects His Discussion with Warrn Mosler

Human Action Podcast with Bob Murphy November 2020: MMT Explained

Ghana Becomes First Country to Officially End MMT Experiment

MMT: Not Modern. Not Monetary. Not a Theory - Jeff Deist

MMT History and Overview

Deficit Myth: Modern Monetary Theory

Upside Down World MMT

MMT: Fake Economics

Doug Casey Why Modern Monetary Theory will Destroy Money

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Another eventful month is in the books! Cancel culture found its next victim - Dr. Seuss! Biden's diabolical and immoral lack of border enforcement came full circle. Another $2 trillion "relief bill". The Democrats in the House passed bills to institutionalize voter fraud and further limit private gun ownership. The trial of officer Derek Chavin, mass shootings, Biden falling, vaccine passports and much more!

Show Notes

Truth Quest Podcast

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Back in 2010 conservative talk show host Michael Savage published a book titled, “Liberalism is a Mental Disorder.” Over the years as I digested, dissected and analyzed the political arena and evaluated the policy prescriptions of the Left, I often remembered the title of his book and reflected that Savage might have been on to something.

In this episode, we examine several public policy prescriptions while asking the question, "what else besides politically-induced mental illness explains why people support and endorse these policies?"

We discuss: abortion, gender, energy, the environment, fiat currency, guns, law enforcement, the welfare state, immigration and much more.

Show Notes

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The video of this episode is available on Rumble, BitChute, Brighteon and Thinkspot. Check out short highlight videos of each episode on Instagram.

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Another eventful month with Supreme Court opinions, lots of wokeness and virtue signaling on display, some news on the George Floyd front, the controversy over reopening schools and, of course, Covid, Covid, Covid!

Show Notes

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Despite the fact that April 2020 was dominated by the Coronavirus - shelter-in-place orders, social distancing, mask-wearing, economy-killing, stimulus spending and daily news conferences with the White House Coronavirus task force, there were a number of other noteworthy news items.

Show Notes

Drug Overdose, Head Trauma Deaths Added to Coronavirus Death Toll 

Fauci Admits U.S. was Given Incorrect Information 

Real COVID-19 Mortality Rate 25-60x Less

Over 30 Million Americans Have Lost Their Jobs in the Last Six Weeks 

Fed's Balance Sheet Skyrockets

Biden Sexual Assault Accuser Files Criminal Complaint Report

Biden Accuser Tara Reade's Mother Called Larry King CNN Program to Discuss Allegations

CNN Clip of Biden's Accuser's Mother Calling Larry King Vanishes from GooglePlay Catalog

Tara Reade's Former Neighbor Says They Discussed Alleged Biden Sex Assault in the Mid-1990's

Top Female Democrats Calling Biden Accuser a Liar

Fed Can't Print Gold BofA Calls Gold Ultimate Store of Value, Raises Price Target to $3,000

The World Health Organization's Swedish Flip Flop

Full Explanation Behind Oil's Unprecendented Negative Price

Two Weeks Later Most Small Businesses Still Haven't Gotten PPP Bailout Money

Small Business Owners Sue Wells Fargo, JP Morgan Over Virus Loan Debacle

Stimulus Intended to Help Coronavirus Ravaged Small Business Instead Rewarding Hedge Funds and Brokerages

Alexandria Ocasio Cortez and Jerry Nadler Want Four Billion Coronavirus Funding for Museums

Trump Suspends Immigration

Inject Disinfectant: Trump's Medical Claims Baffle National Experts

Don't Close Razor: Flynn FBI Setup Continue to Unravel

Something Seems Rotten in Flynn's Case

Small Business Bailout Demand So High SBA Portal Crashes Four Minutes After Second Round

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The “S” word - secession - seems to be brought up with more and more frequency lately. Most recently we have seen counties in rural Virginia exploring the possibility of seceding from the state and joining West Virginia. We are seeing similar movements in Northern California and rural counties in Oregon. While those are wonderful developments, the larger question regarding secession is the idea of entire states seceding from the United States and essentially establish their own nation.

The idea of state secession picks up steam with every passing year as the federal government - the Executive, Legislative and Judicial branches AND the federal bureaucracy - continues to enlarge its power base well beyond its enumerated powers in the Constitution.

In this episode, I will introduce you to the concept of secession, discuss some of the current and past secession movements and walk you through three reasons why secession is not only desirable but necessary. In Episode #88 we will discuss how secession is justified and rebut most of the arguments against it.

Show Notes:

American Secession: The Looming Threat of a National Breakup, F.H. Buckley

Mises Institute:

Tom Woods Podcast:

The Brion McClanhan Show:

Secession is for Morons

Secession is a Solution for Deep Political Division

Ron Paul: Thoughts on Secession

Credit Suisse: The Success of Small Countries

Greater Idaho Conservatives Oregon want 22 Rural Counties Secede and Become Part Idaho

Truth Quest Podcast:

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The video of this episode is available on Rumble, BitChute, Brighteon and Thinkspot. Check out short highlight videos of each episode on Instagram.

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What does the spectacle known as the State of the Union Address reveal?

In the first part of this episode, we examine President Trump's 2020 State of the Union Address through the eyes of someone who has been off the grid for several decades - an unbiased, casual observer. What did he notice? What were his impressions? What questions did he have?

The last part of the episode is an assessment of what the SOTU address reveals about the state of our nation, the state of our federal government and the state of the Constitution.

Show Notes:

President Trump's State of the Union Address

The 31 Times Republicans Applauded Obama During SOTU

All of the Things Paul Ryan Didn't Clap for at the State of the Union

Obama State of the Union: Republicans Enraged

Democrats refuse to stand for Trump at State of the Union

Resistance: Here's What Democrats Refused to Applaud During Trump's SOTU Address

Truth Quest Podcast Episodes:

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The video of this episode is available on Rumble, BitChute, Brighteon and Thinkspot. Check out short highlight videos of each episode on Instagram.

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You are likely familiar with the caricature of capitalism. You know the one - capitalism is some nefarious monster that does nothing but squash the little guy like bugs while the billionaires laugh, smoke cigars and sip the finest cognac.

The criticisms of capitalism are well-known. Capitalism is based on greed and selfishness. It is immoral. It exploits workers. It is a zero sum game. Under capitalism, giant corporations have too much power. And capitalism is based on competition rather than cooperation.

But have you ever examined these claims in any detail? Have you ever considered the alternatives to capitalism?

Show Notes

Only Capitalism Will Save Millenials

Freedom of Choice is What Sets Capitalism Apart, Not Competition 

Anti-Capitalism: Trendy But Wrong

Why Socialism Failed

Capitalism Wins

The Immorality of Socialism

PragerU

Truth Quest Podcast Episodes

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The video of this episode is available on Rumble, BitChute, Brighteon and Thinkspot. Check out short highlight videos of each episode on Instagram.

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If you follow the financial markets to any extent you have likely heard the term “negative interest rates.” In this episode, we are going to examine this never-before-in-history phenomenon. We are going to discuss the three ways this ridiculous financial policy manifests itself: on individuals, on bank reserves and on bonds and examine merits of this policy. Hint: It ain't good!

Show Notes

The Fed's Consideration of Negative Interest Rates Signals Its Rush Toward Irrelevance

The Non-Weirdness of Negative Interest Rates

UBS Starts Charging Rich Clients Negative 0.75% Interest Rate

Mises.org:

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Most people are aware of inflation. They expect the cost of products and services to go up every year. What these same people may not be aware of is the fact that this perpetual inflation is completely unnecessary.

If the United States had a sound money policy, meaning the U.S. Dollar was pegged to gold (on a gold standard) most of the angst around monetary policy, interest rates, the national debt, out of control government spending, inverted yield curve, negative interest rates, and cryptocurrencies would be nothing but noise.

In this episode we examine the history of a gold standard. We scrutinize actions taken by FDR, Nixon, the Federal Reserve and their impact on the worldwide economy. The bottom line is, because the gold standard constrains the spending of our overlords in Washington, D.C., they will never willingly revert back to that standard. Unfortunately the United States is in for a rude awakening as other countries have started accumulating gold reserves as a way to diversify away from the U.S. Dollar's reserve currency status.

Show Notes:

Think Bitcoin is the New Gold 2.0 - Think Again

The Gold Standard 

Your Move Gold Critics, Please Explain What Money Is

In Dismissing the Gold Standard, John Cochrane Channels Tina Fey

Central Banks of Gold Buying Spree Over Dollar Worries

Central Banks are Buying Gold Fastest Pace in Six Years

Russia, China Continue Massive Substitution of Dollar Assets into Gold

In Money We Trust: Documentary

Funding the Monster State: FDR, Nixon versus the Gold Standard

Alan Greenspan: Ron Paul Was Right About the Gold Standard

Ron Paul's Appearance on Judge Napolitano's Fox Show 

Truth Quest Podcast Episodes:

APMEX: Buy Gold and Siver

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In the previous episode, #27 The Truth About the Federal Reserve – An Introduction, I laid the groundwork for this episode. So now that you know what the Fed is, why it was created and how it creates money, let’s look at the results of the last 100+ years since this monstrosity was created.

We will discuss the constitutionality of the Fed, how it creates inflation, its impact on savers and people on fixed incomes, malinvestment, bailouts, how it funds the welfare and warfare state, the gold standard, and I conclude the episode with a side-by-side comparison of the current monetary system dominated by the Fed with one without it.

Show Notes:

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The video of this episode is available at Rumble, Thinkspot, Brighteon and on BitChute. Check out short highlight videos of each episode on Instagram.

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I read and hear a lot about how bad the Federal Reserve is for America. The cries for “Audit the Fed” continue to grow louder. Inherently I understand that government intervention always causes market distortions but trying to explain how the Federal Reserve detrimentally impacts the economy at a level that the average person can understand has proved daunting. But I am going to give it a shot in this episode and the next one.

In this episode I am going to introduce you to the Federal Reserve – explain what it is, why and how it was created and explain how it creates money.

Episode #28 will be spent looking at the Fed's record over the 100+ years of its existence and argue why it should be abolished.

Show Notes:

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The video of this episode is available at Rumble, Thinkspot, Brighteon and on BitChute. Check out short highlight videos of each episode on Instagram.

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Do you ever question the amount of time and energy spent fretting about the politics coming out of Washington D.C.? The Founding Fathers never thought that the average American would spend much time pondering the goings-on in D.C. After all, the federal government's power was constitutionally restricted. In this brief episode, I suggest an alternative to our seemingly unending focus on all things D.C.

Show Notes:

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This episode is available on Thinkspot, Brighteon, BitChute and Rumble. Check out short highlight videos of each episode on Instagram.

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