American central banker, and 16th Chairman of the Federal Reserve in the United States
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What happens when a hotel developer moves from building Hampton Inns to creating lifestyle hotels with fire pits and Michelin-starred restaurants?Today's guest is a returning guest, Stephen Wendell, Co-Founder and CEO of Mountain Shore Properties. They explore the shift from select-service properties to luxury and lifestyle hotels, examining the business dynamics and guest experiences that differentiate these segments. Steven shares insights on building independent lifestyle hotels, dealing with construction challenges, financing, and the pivotal role of major brands and creative freedom. They also discuss the evolving demands of younger travelers and the potential for lifestyle hotels to serve as cultural hubs. The conversation touches on financing strategies, the impact of current economic conditions, and the balance between guest experience and profitability.Takeaways: The most successful hospitality projects prioritize unique, memorable experiences for guests, which can lead to long-term loyalty and word-of-mouth growth.Each project is a learning opportunity. Apply lessons from past mistakes to improve future outcomes and avoid repeating errors.Consider a mix of select service and lifestyle/boutique properties to balance stability with higher-reward opportunities.Affiliation with major brands can make financing easier and provide valuable marketing/distribution support, but weigh the costs and benefits carefully.The best hotels become hubs for both guests and locals. Create spaces and experiences that attract both groups.Younger travelers value experiences over points. Offer unique, local collaborations and experiences to attract and retain this demographic.Hospitality is a long-term business. Set expectations with investors and partners accordingly, and operate with a long-term mindset.Quote of the Show:“Some people quit in the messy middle. We've pushed through, and now we know what to do and how to do it.” - Stephen WendellLinks:LinkedIn: https://www.linkedin.com/in/stephen-wendell-5417291a/ Website: https://mountainshoreproperties.com/ Shout Outs:1:18 - Philadelphia Eagles https://www.philadelphiaeagles.com/ 2:00 - Camptown https://mountainshoreproperties.com/project/camptown-leeds-ny/ 3:56 - Airbnb https://www.airbnb.com/ 4:14 - Hyatt https://www.hyatt.com/ 4:15 - Dream https://www.hyatt.com/dream-hotels 4:16 - The Standard https://www.hyatt.com/the-standard/en-US 4:17 - Bunkhouse https://www.hyatt.com/bunkhouse-hotels/en-US/explore 4:18 - Hilton https://www.hilton.com/en/ 4:19 - Graduate https://www.hilton.com/en/brands/graduate-hotels/ 4:22 - Nomad https://www.hilton.com/en/brands/nomad-hotels/ 4:23 - Marriott https://www.marriott.com/default.mi 5:09 - Courtyard https://courtyard.marriott.com/ 5:17 - Hotel Genevieve https://mountainshoreproperties.com/project/hotel-genevieve-louisville-ky/ 7:20 - Hampton Inn https://www.hilton.com/en/brands/hampton-by-hilton/ 13:00 - Gary Vaynerchuk https://en.wikipedia.org/wiki/Gary_Vaynerchuk 13:50 - Steve Jobs https://en.wikipedia.org/wiki/Steve_Jobs 13:52 - Bill Gates https://en.wikipedia.org/wiki/Bill_Gates 13:53 - Jeff Bezos https://en.wikipedia.org/wiki/Jeff_Bezos 14:49 - James Beard https://en.wikipedia.org/wiki/James_Beard 17:18 - AC Hotels https://ac-hotels.marriott.com/ 18:07 - Independent Lodging Congress https://ilcongress.com/ 18:18 - Deutsche Bank https://www.db.com/ 18:20 - Bank of America https://www.bankofamerica.com/ 22:31 - Vanguard https://investor.vanguard.com/ 22:32 - John Bogle https://en.wikipedia.org/wiki/John_C._Bogle 23:09 - JDV https://www.hyatt.com/jdv-by-hyatt/en-US/explore 24:08 - IHG https://www.ihg.com/hotels/us/en/reservation 24:12 - Vignette https://www.ihg.com/vignettecollection/hotels/us/en/reservation 25:29 - Waldorf Astoria https://www.hilton.com/en/brands/waldorf-astoria/ 34:40 - Ritz Carlton https://www.ritzcarlton.com/ 45:57 - Jerome Powell https://en.wikipedia.org/wiki/Jerome_Powell 52:26 - Paul Volcker https://en.wikipedia.org/wiki/Paul_Volcker 54:59 - Costa Susana https://costasusana.com/en/ 56:20 - Hotel Saint Cecilia https://www.bunkhousehotels.com/hotel-saint-cecilia 56:47 - Regent Hotels https://www.ihg.com/regent/hotels/us/en/reservation
Three hundred episodes in and the Fed is still the main character. In this milestone episode, Chris, Saied, and Rajeil dissect Jerome Powell's latest balancing act — walking the tightrope between cooling inflation and keeping the jobs market afloat. The crew pulls apart the latest employment data, digging into what the numbers really say versus the spin you're being sold.➡️ And just when you thought Wall Street was enough of a circus, Robinhood steps back into the spotlight with its latest moves — proving once again that retail trading isn't just about apps and charts, it's about influence and psychology. Episode 300 delivers exactly what you'd expect from The Higher Standard: sharp analysis, sarcasm that stings, and the kind of perspective you won't get from the talking heads on TV.
The U.S. Senate confirmed Stephen Miran's appointment to the Federal Reserve, filling the hole left by Adriana Kugler. Kevin Green and Diane King Hall discuss the Fed's newest member as investors await tomorrow's rate announcement. With a 25bps cut largely priced in, KG says Fed Chair Jerome Powell's commentary might be second in importance to investors, adding the Summary of Economic Projections could provide a better roadmap. For Tuesday's session, KG sees $6645 to the upside and $6600 to downside for a trading range to watch. Lastly, he chimes in on Oracle (ORCL) as the tech company is tied to a possible TikTok deal.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Charles Schwab's Mike Townsend wishes he could "be a fly on the wall" at the FOMC meeting. With uncertainty on who would vote on rates until Monday night, he points to staggering dynamics between Fed governors leading to what he believes will be "fascinating" interest rate commentary from Fed chair Jerome Powell. Joe Mazzola adds that small caps will benefit the most from a rate cut with 40% of the Russell 2000 holding unprofitable companies. Looking at the latest retails sales report, Joe says sector leadership could shift in the coming months.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
En el episodio de hoy, Juan Manuel De Los Reyes y Eugenio Garibay discuten el rendimiento del mercado en lo que va del año, factores que lo han impulsado, y la relevancia que tiene la decisión de la reserva federal el día de mañana. Analizan el reporte de ventas minoristas que, a pesar de mostrar un crecimiento de 0.6% en agosto cuando se esperaba 0.2%, los segmentos de crecimiento fueron productos no discrecionales mientras que productos discrecionales mostraron decrecimiento. Reflejando un consumidor rezagado, también analizan datos recientes de morosidad en tarjetas de crédito y el uso de servicios como “compra ahora y paga después”. Sumando estos factores, se preguntan ¿qué dirá Jerome Powell el día de mañana sobre la economía?
September's highly anticipated meeting of the Federal Reserve starts tomorrow. This comes after months of President Donald Trump pressuring Chairman Jerome Powell for a rate cut. The president's public prodding of Powell coincides with his administration's ongoing effort to fire Federal Reserve Governor Lisa Cook ahead of this week's key vote, accusing her of mortgage fraud. However, there have been no formal charges. While inflation remains above the Fed's 2% target, investors are betting on a cut this week. The question remains: how low could rates go, and how many cuts could happen this year? Brian Jacobson, the chief economist at Annex Wealth Management, joins Fox Business' Lydia Hu to preview this week's critical meeting and discuss some of the other major economic news that will move the markets this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Keith discusses the potential takeover of the Federal Reserve by President Trump, highlighting the macroeconomic implications. Economist, author and publisher of Macro Watch, Richard Duncan, joins the show and explains that central bank independence is crucial to prevent political influence on monetary policy, which could lead to excessive money supply and inflation. Trump's policies, including tariffs and spending bills, are inflationary, necessitating lower interest rates. Resources: Subscribe to Macro Watch at RichardDuncanEconomics.com and use promo code GRE for a 50% discount. Gain access to over 100 hours of macroeconomic video archives and new biweekly insights into the global economy. Show Notes: GetRichEducation.com/571 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, the President has a plan to completely take over the Fed, a body that historically stays independent of outside influence. Learn the fascinating architecture of the planned fed seizure and how it's expected to unleash a wealth Bonanza and $1 crash with a brilliant macroeconomist today, it'll shape inflation in interest rates in the future world that you'll live in today. On get rich education. Speaker 1 0:33 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:21 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Speaker 1 1:31 Welcome to GRE from Fairfax, Virginia to Fairfield, California, and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education. The Federal Open Market Committee is the most powerful financial institution, not only in the nation, but in the entire world, and when an outside force wants to wrestle it and take it down. The change that it could unleash is almost incredible. It's unprecedented. The President wants full control. Once he has it, he could then slash interest rates, order unlimited money creation, and even peg government bond yields wherever he wishes, and this could drive wealth to extraordinary new highs, but this also carries enormous risks for the dollar and inflation and overall financial stability. And I mean, come on now, whether you like him or not, is Trump more enamored of power than Emperor Palpatine in Star Wars or what this is fascinating. Today's guest is going to describe the architecture of the takeover the grand plan. Our guest is a proven expert on seeing what will happen next in macroeconomics. He's rather pioneering in AI as well. But today, this all has so much to do with the future of inflation and interest rates. We're going to get into the details of how, step by step, Trump plans to infiltrate and make a Fed takeover. Keith Weinhold 3:23 I'd like to welcome back one of the more recurrent guests in GRE history, because he's one of the world's most prominent macroeconomists, and he was this show's first ever guest back in 2014 he's worked with the World Bank and as a consultant to the IMF. He's contributed a lot on CNBC, CNN and Bloomberg Television. He's a prolific author. His books have been taught at Harvard and Columbia, and more recently, he's been a guest speaker at a White House Ways and Means Committee policy dinner in DC. So people at the highest levels lean on his macroeconomic expertise. Hey, welcome back to GRE joining us from Thailand as usual. It's Richard Duncan Richard Duncan 4:03 Keith, thank you for that very nice introduction. It's great to see you again. Keith Weinhold 4:08 Oh, it's so good to have you back. Because you know what, Richard, what caught my attention and why I invited you back to the show earlier than usual is about something that you published on macro watch, and it's titled, Trump's conquest of the Fed will unleash a wealth Bonanza, $1 crash and state directed capitalism. I kind of think of state directed and capitalism as two different things, so there's a few bits to unpack here, and maybe the best way is to start with the importance of the separation of powers. Tell us why the Fed needs to maintain independence from any influence of the president. Richard Duncan 4:44 Central banks have gained independence over the years because it was realized that if they didn't have independence, then they would do whatever the president or prime minister told them to do to help him get reelected, and that would tend to lead to excessive money supply. Growth and interest rates that were far too low for the economic environment, and that would create an economic boom that would help that President or politician get reelected, but then ultimately in a bust and a systemic financial sector crisis. So it's generally believed that central bank independence is much better for the economy than political control of the central bank. Speaker 1 5:24 Otherwise we would just fall into a president's short term interests. Every president would want rates essentially at zero, and maybe this wouldn't catch up with people until the next person's in office. Richard Duncan 5:35 That's right. He sort of wants to be Fed Chair Trump. That's right, president and Fed Chairman Trump on the horizon. It looks like won't be long, Now. Speaker 1 5:45 that's right. In fact, even on last week's episode, I was talking about how Trump wants inflation, he won't come out and explicitly say that, of course, but when you look at the majority of his policies, they're inflationary. I mean, you've got tariffs, you've got deportations, this reshaping of the Fed that we're talking about the hundreds of billions of dollars in spending in the one big, beautiful Bill act. It is overwhelmingly inflationary. Richard Duncan 6:12 It is inflationary. And he may want many of those things that you just mentioned, but what he doesn't want is what goes along with high rates of inflation, and that is high interest rates, right? If interest rates go up in line with inflation, as they normally do in a left to market forces, then we would have significantly higher rates of inflation. There would also be significantly higher rates of interest on the 10 year government bond yield, for instance. And that is what he does not want, because that would be extremely harmful for the economy and for asset prices, and that's why taking over the Federal Reserve is so important for him, his policies are going to be inflationary. That would tend to cause market determined interest rates to go higher, and in fact, that would also persuade the Fed that they needed to increase the short term interest rates, the federal funds rate, if we start to see a significant pickup in inflation, then, rather than cutting rates going forward, then they're more likely to start increasing the federal funds rate. And the bond investors are not going to buy 10 year government bonds at a yield of 4% if the inflation rate is 5% they're going to demand something more like a yield of 7% so that's why it's so urgent for the President Trump to take over the Fed. That's what he's in the process of doing. Once he takes over the Fed, then he can demand that they slash the federal funds rate to whatever level he desires. And even if the 10 year bond yield does begin to spike up as inflation starts to rise, then the President can instruct, can command the Fed to launch a new round of quantitative easing and buy up as many 10 year government bonds as necessary, to push up their price and to drive down their yields to very low levels, even if there is high rate of inflation. Keith Weinhold 7:58 a president's pressure to Lower short term rates, which is what the Fed controls, could increase long term rates like you're saying, it could backfire on Trump because of more inflation expectations in the bond market. Richard Duncan 8:12 That's right. President Trump is on record as saying he thinks that the federal funds rate is currently 4.33% he said it's 300 basis points too high. Adjusting would be 1.33% if they slash the short term interest rates like that. That would be certain to set off a very strong economic boom in the US, which would also be very certain to create very high rates of inflation, particularly since we have millions of people being deported and a labor shortage at the moment, and the unemployment rate's already very low at just 4.2% so yes, slashing short term interest rates that radically the federal funds rate that radically would be certain to drive up the 10 year government bond yield. That's why President Trump needs to gain control over the Fed so that he can make the Fed launch a new round of quantitative easing. If you create a couple of trillion dollars and start buying a couple of trillion dollars of government bonds, guess what? Their price goes up. And when the price of a bond goes up, the yield on that bond goes down, and that drives down what typically are considered market determined interest rates, but in this case, they would be fed determined interest rates Trump determined interest rates. Speaker 1 9:28 Inflationary, inflationary, inflationary, and whenever we see massive cuts to the Fed funds rate that typically correlates with a big loss in quality of life, standard of living, and items of big concern. If we look at the last three times that rates have been cut substantially, they have been for the reasons of getting us out of the two thousand.com bubble, then getting us out of the 2000 day global financial crisis, then getting us out of covid in 2020, I mean, massive rate cuts are. Are typically a crisis response Richard Duncan 10:02 yes, but if we look back, starting in the early 1980s interest rates have have trended down decade after decade right up until the time covid hit. In fact, the inflation rate was below the Fed's 2% inflation target most of the time between 2008 the crisis of 2008 and when covid started, the Fed was more worried about deflation than inflation during those years, and the inflation rate trended down. And so the interest rates tended to trend down as well, and we're at quite low levels. Of course, back in the early 1980s we had double digit inflation and double digit interest rates, but gradually, because of globalization, allowing the United States to buy more and more goods from other countries with ultra low wages, like China and now Vietnam and India and Bangladesh, buying goods from other countries with low wages that drove down the price of goods in the United States, causing goods disinflation, and that drove down the interest rates. That drove down the inflation rate. And because the inflation rate fell, then interest rates could fall also, and that's why the interest rates were trending down for so long, up until the time covid hit, and why they would have trended down again in the absence of this new tariff regime that President Trump has put into place. Now, this is creating a completely different economic environment. President Trump truly is trying to radically restructure the US economy. There is a plan for this. The plan was spelled out in a paper by the man who is now the Chairman of the Council of Economic Advisors. His name is Steven Moran, and the paper was called a user's guide to restructuring the global trading system. It was published in November last year, and it very clearly spelled out almost everything President Trump has done since then in terms of economic policy. It was truly a blueprint for what he has done since then, and this paper spelled out a three step plan with two objectives. Here are the three steps. Step one was to impose very high tariffs on all of the United States trading partners. Step two was then to threaten all of our allies that we would no longer protect them militarily if they dared to retaliate against our high tariffs. And then the third step was to convene a Mar a Lago accord at which these terrified trading partners would agree to a sharp devaluation of the dollar and would also agree to put up their own trade tariffs against China in order to isolate China. And the two objectives of this policy, they were to re industrialize the United States and to stop China's economic growth so that China would be less of a military threat to the United States, which it is currently and increasingly with each passing month. So so far, steps one and two have been carried out very high tariffs on every trading partner, and also threats that if there's any retaliation, that we won't protect you militarily any longer. And also pressure on other countries to put high tariffs against China. The idea is to isolate China between behind a global tariff wall and to stop China's economic growth. So you can see that is what President Trump has been doing. And also in this paper, Stephen Marin also suggested that it would be very helpful if the Fed would cooperate to hold down 10 year government bond yield in this environment, which would naturally tend to push the bond yields higher. So that paper really did spell out what President Trump has done since then. Keith Weinhold 13:59 This is fascinating about this paper. I didn't know about this previously, so this is all planned from tariffs to a Fed takeover. Richard Duncan 14:08 That's right, the idea is to re industrialize the United States. That's what President Trump has been saying for years. Make America Great Again. And it's certainly true that America does need to have the industrial capacity to make steel and ships and pharmaceutical products and many other things in his own national self defense. But there's a problem with this strategy since the breakdown of the Bretton Woods system, and we've talked about this before, so I will do this fast forwarding a bit when the Bretton Woods system broke down up until then it broke down in 1971 before then, trade between countries had to balance. So it wasn't possible for the United States to buy extraordinarily large amounts of goods from low wage countries back then, this thing that's caused the disinflation over the last four decades, trade had to balance because on the Bretton Woods system, if we had a big trade deficit. Deficit, we had to pay for that deficit with gold. US gold, and gold was money. So if we had a big trade deficit and had to pay out all of our gold other countries to finance that deficit, we would run out of gold. Run out of money. The economy would hit a crisis, and that just couldn't continue. We'd stop buying things from other countries. So there was an automatic adjustment mechanism under the Bretton Woods System, or under the classical gold standard itself that prevented trade deficits. But once Bretton Woods broke down in 1971 It didn't take us too long to figure out that it could buy extraordinarily large amounts of things from other countries, and it didn't have to pay with gold anymore. It could just pay with US dollars, or more technically, with Treasury bonds denominated in US dollars. So the US started running massive trade deficits. The deficits went from zero to $800 billion in 2006 and now most recently, the current account deficit was $1.2 trillion last year. So the total US current account deficit since the early 1980s has been $17 trillion this has created a global economic boom of unprecedented proportions and pulled hundreds of millions of people around the world out of poverty. China is a superpower now, because of its massive trade surplus with the US, completely transformed China. So the trade surplus countries in Asia all benefited. I've watched that firsthand, since I've spent most of my career living in Asia, but the United States also benefited, because by buying things from low wage countries that drove down the price of goods, that drove down inflation, that made low interest rates possible, that made it easier for the US to finance its big budget deficits at low interest rates, and so with Low interest rates, the government could spend more and stimulate the economy. Also with very low interest rates, stock prices could go higher and home prices could go higher. This created a very big economic boom in the United States as well. Not only did the trade surplus, countries benefit by selling more to the US, but the US itself benefited by this big wealth boom that has resulted from this arrangement. Now the problem with President Trump's plan to restructure the US economy is that he wants to bring this trade deficit back down essentially to zero, ideally, it seems. But if he does that, then that's going to cut off the source of credit that's been blowing this bubble ever larger year after year since the early 1980s and we have such a big global credit bubble that if this source of credit has been making the bubble inflate, the trade deficit, if that were to significantly become significantly lower, then this credit that's been blowing up, the bubble would stop, and the bubble would implode, potentially creating very severe, systemic financial sector crisis around the world on a much, probably a much larger scale than we saw in 2008 and leading to a new Great Depression. One thing to think about is the trade deficit is similar to the current account deficit. So the current account deficit is the mirror image of capital inflows into the United States. Every country's balance of payments has to balance. So last year, the US current account deficit was $1.2 trillion that threw off $1.2 trillion into the global economy benefiting the trade surplus countries. But those countries received dollars, and once they had that 1.2 trillion new dollars last year, they had to invest those dollars back into us, dollar denominated assets of one kind or another, like government bonds or like US stocks, and that's what they did. The current account deficit is the mirror image of capital inflows into the United States. Last year was $1.2 trillion of capital inflows. Now if you eliminate the current account deficit by having very high trade tariffs and bringing trade back into balance, you also eliminate the capital inflows into the United States, and if we have $1.2 trillion less money coming into the United States a year or two from now, that's going to make it much more difficult to finance the government's very large budget deficits. The budget deficits are expected to grow from something like $2 trillion now to $2.5 trillion 10 years from now, and that's assuming a lot of tariff revenue from the tariffs, budget deficit would be much larger still. So we need the capital inflows from these other countries to finance the US budget deficit, the government's budget deficit. If the trade deficit goes away, the capital inflows will go away also, and with less foreign buying of government us, government bonds, then the price of those bonds will fall and the yield on those bonds will go up. In other words, if there are fewer buyers for the bonds, the price of the bonds will go down and the yield on the bonds will go up. In other words, long term interest rates will go up, and that will be very bad for the US Economy Speaker 2 14:08 the yields on those 10 year notes have to go up in order to attract investors. Mortgage rates and everything else are tied to those yields. Richard Duncan 19:36 That's right. And cap rates. When people consider investing in tech stocks, they consider they'll buy fewer stocks if the interest rates are higher. So this is why it's so important for President Trump to conquer the Fed, to take over the Fed. That's what he's doing. Technically, he's very close to accomplishing that. Shall we discuss the details? Speaker 1 20:29 Yes, we should get more into this fed takeover, just what it means for the future of real estate markets and stock markets. With Richard Duncan, more, we come back. I'm your host, Keith Weinhold Keith Weinhold 20:41 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Chaley Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com. You know what's crazy? Keith Weinhold 21:13 Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading, it's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family. 266, 866, to learn about freedom family investments, liquidity fund again. Text family. 266, 866, Dani-Lynn Robison 22:24 you is freedom family investments co founder, Danny Lynn Robinson, listen to get rich education with Keith Weinhold, and don't quit your Daydream. Speaker 1 22:31 Welcome back to get Education. I'm your host. Keith Weinhold, we're talking with macroeconomist Richard Duncan about a Fed takeover. I think the President wants to be Fed Chair Trump, Richard. Talk to us more about this, because this is really part of a grand plan. Richard Duncan 22:57 So the Federal Reserve is in charge of monetary policy. That means it sets the interest rates on the federal funds rate, the short term interest rates, and it also has the power to create money through quantitative easing or to destroy money through quantitative tightening. So the Fed is in charge of monetary policy. The Fed makes its decisions at its it meets eight times a year, the Federal Open Market Committee, the FOMC, meets eight times a year, and they take votes. They discuss what's going on in the economy. They make a decision about what they should do about interest rates, and in some cases, decisions about creating or destroying money through quantitative easing or quantitative tightening. They take a vote. The structure of the Federal Reserve System is as follows. There are seven members of the Federal Reserve Board of Governors, so there are seven fed governors there. The Federal Reserve Board is in based in Washington, DC. In addition to that, there are 12 Federal Reserve banks around the country, like the Federal Reserve Bank of St Louis, for instance, or the Federal Reserve Bank of Kansas, the Federal Reserve Bank of New York. Each of these Federal Reserve Banks have a president, so there are 12 Federal Reserve Bank presidents now at the FOMC meetings where interest rates are decided, all seven fed governors get a vote, but only five Federal Reserve Bank presidents get to vote, and they rotate their votes every year they the following year are different. Five fed presidents get to vote. The Federal Reserve Bank president of New York always gets the vote because New York is such an important financial center, but the other four other presidents keep rotating year after year, and the presidents, 12 presidents, serve five year terms, and they can be reappointed, and their terms expire all at the same time, all on the same day, all of their terms will expire next year on February 28 and they will perhaps be reappointed and perhaps. Be reappointed. So that's the structure, seven Federal Reserve Bank governors and 12 Federal Reserve Bank presidents. All the governors. All seven get to vote at every FOMC meeting, but only five of the Presidents get to vote. So that's a total of 12. The Governors of the Federal Reserve System are the most important the seven. Those seven include the Chairman, Chairman Powell, and this is why they're the most important. They're important because if four of the seven have the power to fire all of the Federal Reserve Bank presidents, if four fed governors vote together, they can fire all 12 Federal Reserve Bank presidents. It only takes four. Only takes four. Then those Federal Reserve Bank presidents would have to be replaced, but the Federal Reserve Board of Governors has to approve the replacements. So if President Trump has four fed governors who will do what he tells them to do, then they can fire all the Federal Reserve Bank presidents and only replace them with other people who will do what President Trump tells them to do. Gosh. So what this means is, if the president can get four Federal Reserve Bank governors out of seven, then he has absolute control over monetary policy. He can do anything he wants with interest rates. He can do anything he wants with quantitative easing. So how many does he have now? Well, he has two that he's appointed, Christopher Waller and Michelle Bowman. They voted to cut interest rates at the last FOMC meeting. That was a dissenting vote, because the rest of the voting members voted to hold interest rates steady. Those two have already voted with the President, so they're on Team Trump, and they're going to stay on Team Trump, because both of them would like to become Fed Chairman when Jerome Powell term expires in May next year, very suddenly and very unexpectedly. A month or so ago, another fed Governor resigned. Her name is Adriana Coogler. Her term was not due to expire for another six months, and she'd not given any indication that she was going to resign early, but she did this now gives the President can nominate the Federal Reserve Bank governors. So he is nominated Stephen Moran, the one who wrote the paper the grand plan. Grand plan. He's nominated him to replace Adriana Coogler, yeah, and he's going to vote on him on his appointment, perhaps within very soon, and it only takes 51 senators to vote him in. And since the Republicans control the Senate, he will be approved, it seems very likely that he will be approved, and that will give President Trump the third vote on the FOMC. He will have three out of the seven governors. He only needs one more, and this is where at least the cook comes in. So on the 26th of August, I think President Trump announced that he was firing Lisa Cook, a Fed governor, because she allegedly had made misleading statements on some mortgage applications that have not been proven yet, that they are alleged. So he says that he has fired her. She has said he does not have the right to fire her. The legal cases that the President does have the right to fire a Federal Reserve Bank Governor, but only for cause. And so there's a real question whether this qualifies as being for cause or not, especially since it's only alleged at this point, but assuming that he does get control. So if he does succeed in firing her, he will be able to appoint her replacement, and that will give him four members, four governors out of the seven. And as we just discussed, with four out of seven, he will have complete control over monetary policy, because with four out of seven, that would give him the power to command those four to vote to fire all 12 presidents of the Federal Reserve Banks, and then to appoint new presidents of the Federal Reserve Banks who would vote along with whatever President Trump tells them to vote for. So in that case, with four fed governors, he would have those Four Plus he would have the five presidents that he would appoint from the Federal Reserve Banks voting for him. So five plus four, that is nine, nine out of 12 voting members on the Federal Open Market Committee. He would be guaranteed nine out of 12 votes on the FOMC, and that would give him complete control over monetary policy, and that's what he needs, because his policies are inflationary. They're going to drive up inflation. They're and that's going to push up the 10 year government bond yield, and it would normally make the Fed also increase the federal funds rate, because higher inflation should the Fed in. Increase the interest rates to cool down the higher inflation. But now that's not going to happen, because he is going to take over the FOMC one way or the other. Just by firing Lisa Cook, he's sending a very clear message to all the other fed governors and to the 12 existing Federal Reserve Bank presidents, you do what I tell you or you may be investigated too. You're next, one way or the other, the President is going to get what the President wants, and what he wants is control over monetary policy, and what that means is much lower short term interest rates and probably another very big round of quantitative easing to hold down long term interest rates as well. Keith Weinhold 30:41 That was an amazing architecture and plan that you laid out for how a President can take over the Federal Open Market Committee. That was amazing to think about that, and what we believe he wants you talked about it is potentially quantitative easing, which is a genteel way of saying dollar printing. Is it lowering the Fed funds rate down to, I think 1% is what he desired, and we're currently at about 4.3% Richard Duncan 31:08 that's right. He said he'd like to see the federal funds rate 300 basis points lower, which would put 1.3% we could see a series of very sharp interest rate cuts by the Fed in the upcoming FOMC meetings, so we could see the short term interest rates falling very quickly, but as we discussed a little bit earlier, that would alarm the bond market and investors, because they would realize that much lower interest rates would lead to much higher rates of inflation by overstimulating the economy. And so the 10 year bond yields will move higher for fear of inflation, and that will then force President Trump to command the Fed, to create money through quantitative easing on a potentially trillion dollar scale, and start buying up government bonds to push up their price and drive down their yields, so that the 10 year bond yields and the 30 year bond yields will fall. And since mortgage rates are pegged to the government bond yields mortgage rates will fall, and credit card rates will fall, and bank lending rates will fall, and this will kick off an extraordinary economic boom in the US, and also drive asset prices very much higher and create a wealth Bonanza, Keith Weinhold 32:15 right? And here, Richard and I are talking interestingly, just two days before the next Fed decision is rendered, therefore, with eminent cuts, we could very well see soaring stock and real estate markets fueled by this cheap credit and this quantitative easing, at least in the shorter term. Richard Duncan 32:36 But timing is something one must always keep in mind, there is a danger that we could actually see a sell off in the stock market in the near term. If we start seeing the Fed slashing interest rates, then the 10 year bond yields will start moving higher. That would ultimately lead to quantitative easing to drive those yields back down. But when the falling short term interest rates start pushing up interest rates on the 10 year government bond yield because investors expect higher rates of inflation, that could spook the stock market. The stock market's very expensive, so before QE kicks in, there could actually be a period where raising expectations for higher rates of inflation drive the 10 year bond yields higher before the Fed can step in and drive them back down again. We could actually see a sell off in the stock market before we get this wealth boom that will ultimately result when the Fed cuts the short term rates and then quantitative easing also drives down the long term rates. I hope that's not too confusing. There could be a intermediate phase, where bond yields move higher, and that causes the stock market to have a significant stumble. But that wouldn't last long, because then President Trump would command the Fed to do quantitative easing, and as soon as the president says on television that he's going to do quantitative easing, between the moment he says quantitative and the moment he says easing, the stock market is going to rocket higher. Keith Weinhold 34:05 And here we are at a time where many feel the stock market is overvalued. Mortgage rates have been elevated, but they're actually still a little below their historic norms. The rate of inflation hasn't been down at the Fed's 2% target in years, it's been above them, and we've got signs that the labor market is softening. Richard Duncan 34:25 That's true. The labor market numbers in the most recent job number were quite disappointing, with the revisions to earlier months significantly lower. But of course, with so many people being deported from the United States now, that's contributing to this lower job growth numbers. If you have fewer people, there are fewer people to hire and add to job creation, so that may have some distorting impact on the low job creation numbers. The economy actually is seems to be relatively strong the the. Latest GDP now forecast that the Atlanta Fed does is suggesting that the economy could grow by three and a half percent this quarter, which is very strong. So the economy is not falling off a cliff by any means. If the scenario plays out, as I've discussed, and ultimately we do get another round of quantitative easing and the Fed cuts short term interest rates very aggressively. That will create a very big economic boom with interest rates very low. That will push up real estate prices, stock prices and gold prices and Bitcoin prices and the price of everything except $1 the dollar will crash because currency values are determined by interest rate differentials. Right now, the 10 year government bond yield is higher than the bond yields in Europe or Japan, and if you suddenly cut the US interest rates by 100 basis points, 200 basis points, 300 basis points, and the bond yields go down very sharply, then it'll be much less attractive for anyone to hold dollars relative to other currencies, and so there will be a big sell off of the dollar. And also, if you create another big round of quantitative easing and create trillions of dollars that way, then the more money you create, the less value the dollar has supply and demand. If you have trillions of extra new dollars, then the value of the dollar loses value. So the dollar is likely to take a significant tumble from here against other currencies and against hard assets. Gold, for instance, that's why we've seen such an extraordinary surge in gold prices. Speaker 1 36:38 right? Gold prices soared above three $500 and Richard I'm just saying what I'm thinking. It's remarkable that Trump continues to be surrounded by sycophants that just act obsequiously toward him and want to stay in line and do whatever he says. And I haven't seen anyone breaking that pattern. Richard Duncan 36:59 I'm not going to comment on that observation, but what I would like to say is that if this scenario does play out, and it does seem that we're moving in that direction, then this big economic boom is very likely to ultimately lead to the big economic bust. Every big boom leads to a big bust, right? Big credit booms lower interest rates, much more borrowing by households, individuals, companies. It would while the borrowing is going on, the consumption grows and the investment grows, but sooner or later, it hits the point where even with very low interest rates, the consumers wouldn't be able to repay their loans, like we saw in 2008 businesses wouldn't be able to repay their loans, and they would begin defaulting, as they did in 2008 and at that point, everything goes into reverse, and the banks begin to fail when they don't receive their loan repayments. And it leads to a systemic financial sector crisis. The banks lend less when credit starts to contract, then the economy collapses into a very serious recession, or even worse, unless the government intervenes again. So big boom that will last for a few years, followed by a big bust. That's the most probable outcome, but I do see one other possibility of how that outcome could be avoided, on the optimistic side, and this is it. If once President Trump slash Fed Chairman Trump has complete control over US monetary policy, then it won't take him long to realize Stephen Moran has probably already told him that he would then be able to use the Fed to fund his us, sovereign wealth fund. You will remember, back in February, President Trump signed an executive order creating a US sovereign wealth fund. And this was music to my ears, because for years, as you well know, I've been advocating for the US government to finance a multi trillion dollar 10 year investment in the industries and technologies of the future Keith Weinhold 39:01 including on this show, you laid that out for us a few years ago and made your case for that here, and then Trump made it happen. Richard Duncan 39:08 Let's try my book from 2022 it was called the money revolution. How to finance the next American century? Well, how to finance the next American Century is to have the US, government finance, a very large investment in new industries and new technologies in things like artificial intelligence, quantum computing, nanotechnology, genetic engineering, biotech, robotics, clean energy and fusion, create fusion and everything, world where energy is free, ultimate abundance. So I was very happy that President Trump created this US sovereign wealth fund. Now that he will soon have complete control over his US monetary policy, he will understand that he can use the Fed to fund this, US sovereign wealth fund. He can have the Fed create money through quantitative easing and. And start investing in fusion. We can speed up the creation of the invention of low cost fusion. We could do that in a relatively small number of years, instead of perhaps a decade or longer, as things are going now, we could ensure that the United States wins the AI arms race that we are in with China. Whoever develops super intelligence first is probably going to conquer the world. We know what the world looks like when the United States is the sole superpower. We've been living in that world for 80 years. Yeah, we don't know what the world would look like if it's conquered by China. And China is the control super intelligence and becomes magnitudes greater in terms of their capacity across everything imaginable than the United States is whoever wins the AI arms race will rule the world. This sort of investment through a US sovereign wealth fund would ensure that the winner is the US and on atop it, so it would shore up US national security and large scale investments in these new technologies would also turbocharge US economic growth and hopefully allow us to avoid the bust that is likely to ultimately occur following The approaching boom, and keep the economy growing long into the future, rather than just having a short term boom and bust, a large scale investment in the industries of the future could create a technological revolution that would generate very rapid growth in productivity, very rapid economic growth, shore up US national security, and result in technological miracles and medical breakthroughs, possibly curing all the diseases, cure cancer, cure Alzheimer's, extend life expectancy by decades, healthy life expectancy. So that is a very optimistic outcome that could result from President Trump becoming Fed Chairman Trump and gaining complete control over monetary policy. And this is all part of the plan of making America great again. If he really followed through on this, then he certainly would be able to restructure the US economy, re industrialize it, create a technological revolution that ensured us supremacy for the next century. That's how to finance the next American century. Speaker 1 42:23 Oh, well, Richard, I like what you're leaving us with here. You're giving us some light, and you're talking about real productivity gains that really drives an economy and progress and an increased standard of living over the long term. But yes, in the nearer term, this fed takeover, there could be some pain and a whole lot of questions in getting there. Richard, your macro watch piece that caught my attention is so interesting to a lot of people. How can more people learn about that and connect with you and the great work you do on macro watch, which is your video newsletter Richard Duncan 43:00 Thanks, Keith. So it's really been completely obvious that President Trump was very likely to try to take over the Fed. Nine months ago, I made a macro watch video in December called Will Trump in the Fed, spelling out various ways he could take over the Fed, and why he probably would find it necessary to do so. So what macro watch is is it describes how the economy really works in the 21st Century. It doesn't work the way it did when gold was money. We're in a completely different environment now, where the government is directing the economy and the Fed, or seeing the President has the power to create limitless amounts of money, and this changes the way everything works, and so that's what macro watch explains. It's a video newsletter. Every couple of weeks, I upload a new video discussing something important happening in the global economy and how that's likely to impact asset prices, stocks, bonds, commodities, currencies and wealth in general. So if your listeners are interested, I'd encourage them to visit my website, which is Richard Duncan economics.com that's Richard Duncan economics.com and if they'd like to subscribe, hit the subscribe button. And for I'd like to offer them a 50% subscription discount. If they use the discount coupon code, G, R, E, thank you, GRE, they can subscribe at half price. I think they'll find that very affordable. And they will get a new video every couple of weeks from me, and they will have immediate access to the macro watch archives, which have more than 100 hours of videos. Macro watch was founded by me 12 years ago, and I intend to keep doing this, hopefully far into the future. So I hope your listeners will check that out. Keith Weinhold 44:46 Well, thanks, both here on the show and on macro watch Richard gives you the type of insight that's hard to find anywhere else, and you learn it through him oftentimes before it makes the headlines down the road. So. Richard, this whole concept of a Fed takeover is just unprecedented, as far as I know, and it's been so interesting to talk about it. Thanks for coming back onto the show. Richard Duncan 45:08 Thank you, Keith. I look forward to the next time. Speaker 1 45:17 Yeah, fascinating stuff from Richard in the nearer term, we could then see interest rate cuts that would go along with cuts to mortgages and credit card rates and car loan rates and all kinds of bank lending rates. This could pump up the value of real estate, stocks, Bitcoin, gold, nearly everything a wealth bonanza. Now, in polls, most Americans think that the Fed should stay independent from outside control. You really heard about how the President is dismantling the safeguards that protect that fed independence, the strategy he's using to bend the Federal Open Market Committee to His will. And this is not speculation, because, as you can tell, the takeover of the Fed is already underway. A fed governor has been fired. New loyalists are being installed, and key votes are lining up in the President's favor. But as far as the longer term, you've got to ask yourself, if these policies will inflate a giant bubble destined to burst down the road. I mean triggering a crisis as bad as 2008 I mean, these are the very questions that every investor should be asking right now, if you find this in similar content fascinating, and you want to stay on top of what is forward looking what's coming next macroeconomically, check out Richard Duncan's macro watch at Richard Duncan economics.com for our listeners, he's long offered the discount code for a 50% discount that code is GRE, that's Richard Duncan economics.com and the discount code GRE next week here on the show, we're bringing it back closer to home with key us, real estate investing strategies and insights, a lot of ways to increase your income. Until then, I'm your host. Keith Weinhold, don't quit you Daydream. Speaker 3 47:20 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Speaker 1 47:40 You You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point, because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre 266, 866, while it's on your mind, take a moment to do it right now. Text gre to 66866, Keith Weinhold 48:59 The preceding program was brought to you by your home for wealth, building, get richeducation.com you.
September's highly anticipated meeting of the Federal Reserve starts tomorrow. This comes after months of President Donald Trump pressuring Chairman Jerome Powell for a rate cut. The president's public prodding of Powell coincides with his administration's ongoing effort to fire Federal Reserve Governor Lisa Cook ahead of this week's key vote, accusing her of mortgage fraud. However, there have been no formal charges. While inflation remains above the Fed's 2% target, investors are betting on a cut this week. The question remains: how low could rates go, and how many cuts could happen this year? Brian Jacobson, the chief economist at Annex Wealth Management, joins Fox Business' Lydia Hu to preview this week's critical meeting and discuss some of the other major economic news that will move the markets this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices
September 14, 2025; 8am: Additionally, revised numbers show that the U.S. added almost a million fewer jobs than previously reported over the 12-month period ending in March.It should be pointed out that most of that period was during the Biden administration. Courtenay Brown joins The Weekend to discuss how this impacts the U.S. economy. For more, follow us on social media:Bluesky: @theweekendmsnbc.bsky.socialInstagram: @theweekendmsnbcTikTok: @theweekendmsnbcTo listen to this show and other MSNBC podcasts without ads, sign up for MSNBC Premium on Apple Podcasts.
Probably. Fed Chair Jerome Powell is expected to cut rates for the first time all year, and is also expected to cut more soon after. This is the downward momentum of interest rate cuts we have been waiting for. Do you know what happens to markets when this occurs? Do they go up or down? If you didn't immediately answer "both", you need to give me your next 21 minutes ASAP. Recommended Crypto Trading Platform (And Bonus Eligibility) - https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/ For Decentralized Crypto Trading (US Citizens Can Join) - https://nononsenseforex.com/decentralized-trading-platform/ Blueberry Markets Blog (Top FX Broker) - https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/ Follow VP on Twitter https://twitter.com/This_Is_VP4X Check out my Forex trading material too! https://nononsenseforex.com/ The host of this podcast is not a licensed financial advisor, and nothing heard on this podcast should be taken as financial advice. Do your own research and understand all financial decisions and the results therein are yours and yours alone. The host is not responsible for the actions of their sponsors and/or affiliates. Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading Forex involves risk. Losses can exceed deposits. We are not taking requests for episode topics at this time. Thank you for understanding.
Pressure on the Fed to cut interest rates couldn't be more clear, according to Rebecca Walser. That said, she believes Jerome Powell and company remain in a "rock and hard place" following Thursday's CPI data and jobless claims print. Rebecca says markets are pushing for 75bps of cuts through the end of 2025. She adds that Powell has responded to markets before, though tariffs can complicate the situation even more.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
9.9.2025 #RolandMartinUnfiltered: MO GOP Map Targets Black Voters, Pressley Demands Powell Answer on Black Jobs, Pastor vs. MAGAMissouri Republicans have passed a proposed congressional map that could expand the GOP's razor-thin majority in the U.S. House. Congressional Black Caucus Chair Yvette Clarke will join us to discuss the racist efforts aimed at undermining Black and minority representation in Congress.Congresswoman Ayanna Pressley is demanding that Federal Reserve Chair Jerome Powell address the rising unemployment rate among Black women. She'll be here to explain why Black women's employment is a "key metric of the health of the U.S. economy."A New York pastor calls out MAGA Christians. His message: "Don't confuse them with real Christians." Racist conservative commentator Charlie Kirk is blaming young white women for the "West's fertility collapse." Tonight's Black Star Network Marketplace segment is for art lovers. The award-winning artist, DomoINK, who created the James Baldwin piece in our studio, will explain how her work brings representation to people of color.#BlackStarNetwork partner: Fanbasehttps://www.startengine.com/offering/fanbaseThis Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular (https://bit.ly/3VDPKjD) and Risks (https://bit.ly/3ZQzHl0) related to this offering before investing.Download the Black Star Network app at http://www.blackstarnetwork.com! We're on iOS, AppleTV, Android, AndroidTV, Roku, FireTV, XBox and SamsungTV.The #BlackStarNetwork is a news reporting platform covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.See omnystudio.com/listener for privacy information.
From mysterious orbs off Yemen that a Hellfire missile couldn't touch, to Pentagon psyops using UFO myths to hide secret weapons, the government's “disclosure” push looks more like a deep-state distraction than alien contact. At the same time, back home, DEI-driven Democrat judges are unleashing violent criminals—like the one who murdered Irina Zarkusa—while voters in Charlotte rewarded failed leadership with re-election. Add in fake job numbers, manipulated inflation narratives, and Jerome Powell's economic sabotage, and the pattern is clear: Democrats and their media allies are running cover stories and distractions to keep Americans from seeing the chaos their policies create. This segment connects the dots between UFO psyops, judicial suicide, and economic lies.
Rick Reid is an economics instructor at Fox Valley Technical College and he joins the show to help put the very nuanced top if US Economics into terms we can understand. The Felon President has been bullying Fed Chair Jerome Powell to lower interest rates and Rick tells us why this probably isn't the greatest move for us. And even though it's Wednesday, it's never too late to enjoy some Weather And Wine with Civic Media's Meteorologist Brittney Merlot and guess what? Fall maybe be soon, but Summer's not done yet. Finally...we've had a good time, right? That's what we thought, so let's treat ourselves to This Shouldn't Be A Thing - Dumpus Eliminatus Edition. As always, thank you for listening, texting and calling, we couldn't do this without you! Don't forget to download the free Civic Media app and take us wherever you are in the world! Matenaer On Air is a part of the Civic Media radio network and airs weekday mornings from 9-11 across the state. Subscribe to the podcast to be sure not to miss out on a single episode! You can also rate us on your podcast distribution center of choice. It goes a long way! Guest: Rick Reid
Vertreter der Modern Monetary Theory plädierten in der Vergangenheit immer wieder für eine Politisierung und Demokratisierung der Zentralbanken. Mitte-Links-Regierungen aber trauten sich nie, dies zu realisieren. Die Technokraten wollte man nicht entmachten. Jetzt kommt Donald Trump, der massiv Einfluss auf die Fed nehmen will. Gewiss, dahinter steckt nicht die Absicht einer Demokratisierung, aber vielleicht ist es wenig zielführend, von links bloß den technokratischen Status quo zu verteidigen.Zunächst ist es wichtig, genau zu verstehen, wie das Fed-System aufgebaut ist und welche Strategie die Trump und die Republikaner gerade verfolgen. Es gibt in den USA nicht nur eine Zentralbank mit einem Chef namens Jerome Powell, die Struktur ist komplizierter und der Machtapparat gestaltet sich wesentlich komplexer, als es momentan viele wahrhaben wollen.In der neuen Folge von „Wohlstand für Alle“ sprechen Ole Nymoen und Wolfgang M. Schmitt über die Fed und Trumps Pläne!Literatur/Quellen:Adam Tooze: "Chartbook 406 Trump v. the Fed: or how history is forcing the question of a democratic politics of central banking", online verfügbar unter: https://adamtooze.substack.com/p/chartbook-406-trump-v-the-fed-or.Zur Struktur des Fed-Systems: https://www.atlantafed.org/about/publications/fed-structure-and-functions/structure. Zur Geschichte des Fed-Systems: https://www.federalreservehistory.org/essays/federal-reserve-historyVeranstaltungen:Am 14.9. ist Wolfgang in Krefeld: https://pax-christi-krefeld.de/veranstaltung/Kann-Kunst-anachronistisch-werden-2025.09.14/Am 18.9. ist Wolfgang in Lübeck: https://buddenbrookhaus.de/programmAm 20.9. ist Wolfgang in Frankfurt: https://www.fr.de/ueber-uns/fr80-sti1525791/Unsere Zusatzinhalte könnt ihr bei Apple Podcasts, Steady und Patreon hören. Vielen Dank!Apple Podcasts: https://podcasts.apple.com/de/podcast/wohlstand-f%C3%BCr-alle/id1476402723Patreon: https://www.patreon.com/oleundwolfgangSteady: https://steadyhq.com/de/oleundwolfgang/about
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Monday Headline Brief of The Wright Report, we cover immigration raids from Boston to Savannah, the latest jobs report and economic culprits, Venezuela's narco-terror fight, China's alignment with Russia, Zelenskyy's swipe at Trump, and a Pentagon name change with global implications. Quick hits to launch your week with the facts shaping America's future. Immigration Crackdowns: Operation Patriot 2.0 launched in Massachusetts targeting violent criminals shielded by sanctuary laws. Trump teased Chicago raids with an “Apocalypse Now” meme, while a Savannah raid at Hyundai's mega-factory nabbed 475 illegals — the largest single-site operation in DHS history. Jobs Report Disappoints: Only 22,000 jobs were added in August, with revisions showing losses in June. Native-born employment is rising as 820,000 foreign workers have left, but debate rages over whether the culprits are Jerome Powell's high rates, Trump's tariff wars, Silicon Valley's AI revolution, or Biden's weak foundation. Venezuela Narco-Terror Strike Debate: Trump sank a Tren de Aragua drug boat, killing 11. Democrats and Sen. Rand Paul demand Coast Guard arrests, while Trump's War Secretary Pete Hegseth insists, “A drug cartel is no different than al Qaeda.” China, Russia, and India Align: Trump blasted, “Looks like we've lost India and Russia to deepest, darkest China.” Reuters revealed Beijing firms sold $50 million in drone parts and military supplies to Moscow, tightening the Xi-Putin alliance. Zelenskyy Criticizes Trump Over Alaska Summit: The Ukrainian president told ABC it was “a pity” Trump gave Putin legitimacy. Yet he admitted, “President Trump is right about the Europeans,” as EU nations import record Russian gas despite sanctions. Department of Defense Renamed: The White House rebrands it the Department of War, reflecting a more aggressive posture from Venezuela to Ukraine and the Pacific. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: Operation Patriot 2.0 Massachusetts immigration raids, Trump Chicago Apocalypse Now meme, Savannah Hyundai raid 475 illegals, U.S. jobs report August 2025, Jerome Powell Fed rates, Trump tariffs exemptions metals, AI layoffs Salesforce, Biden weak jobs foundation, Trump Venezuela narco-terror strike, Pete Hegseth drug cartels al Qaeda, Xi Jinping Putin military alliance, China drone parts Russia, Zelenskyy Alaska summit criticism, EU Russian gas imports, Department of War rebrand Pentagon
For months President Donald Trump has been pressuring the Federal Reserve Chairman Jerome Powell to cut interest rates, calling him "too slow" and "too late." FOX Business correspondent Gerri Willis speaks with Nancy Tengler, CEO & CIO of Laffer Tengler Investments, about the crucial inflation data ahead this week and why it is likely to impact the magnitude of the forecasted rate cut from the Fed. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
Keith discusses the factors driving rent growth, emphasizing income growth, supply constraints, and affordability. He highlights that population growth has a weak correlation with rent growth, citing examples like Austin and San Francisco. The fastest rent growth is in San Francisco (4.6%), Fresno (4.6%), and Chicago (4%), while Austin (-6.8%), Denver (-5%), and Phoenix (-4.1%) show declines. GRE Coach, Naresh Vissa, joins the conversation to talk about the administration's focus on lowering rates and the potential for higher inflation as a result. He encourages investors to stay informed and take advantage of opportunities when rates are low. Resources: Book a free coaching session with Naresh at GREinvestmentcoach.com Show Notes: GetRichEducation.com/570 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, vital trends are moving the rental real estate market. And learn what really drives rent growth. It's probably not what you think. Then inflate, baby. Inflate. Why this administration wants inflation today on get rich education. Speaker 1 0:22 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com Corey Coates 1:08 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:18 You Keith, welcome to GRE from Whippany New Jersey to Parsippany New Jersey. Not much distance there and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to this week's episode of Get rich education, where it's not just about your ROI. It's about your roti, your return on time invested, and your return on life. Everyone says that population growth is what drives rents, yes, but that's just one part of it, and it probably isn't even the most important factor. There is evidence of this, from Harvard research to what HUD has found. Austin, Texas recently added 500,000 people, rents spiked, and then supply flooded in and rents stalled. Head count wasn't enough. I discussed that in depth when I walked the streets of Austin last year. San Francisco lost population, but yet rents rebounded and remain among the highest in the nation. Harvard's housing research shows that population growth only has a weak correlation with rent growth. So what actually does drive rents? Well, income growth, supply constraints, and then staying under the 30% affordability ceiling, which is HUD's definition of what a cost burdened household is, right? That means that a tenant spends more than 30% of their income on rent. That is cost burden, and this pattern holds from ancient Rome to modern Manhattan, rents follow paychecks, not head counts and on the supply side, well, not all metros are created equal. Some have quantified it with what's called a supply elasticity score, places like Houston can seemingly build endlessly, while Manhattan and San Francisco cannot. So it's that difference that explains why incomes turn into rent growth in one market but not in the other. So if you're chasing fast growing metros, okay, but be careful, because headcount does not equal pricing power. Paychecks are what do well today, rents are falling in boom towns, but they're climbing in what we would call legacy, established metros, the year over year, rent change across US, metro areas really has a striking contrast. The three with the fastest rent growth are San Francisco up 4.6% Fresno also up 4.6% and Chicago up 4% and the three biggest declines in rent are Austin down 6.8% Denver down 5% and Phoenix Down 4.1% rent contraction in those three cities. And here's the problem during that 2020, to 2022, real estate surge. Years ago, investors piled into Sun Belt markets, and they sort of expected this endless growth, but then new supply flooded Austin, Phoenix and Denver, pushing rents down and vacancies up, and all three of those are cities that I visited during the boom and I saw the. Cranes in the air myself, and yet, at the same time, older supply constrained metros, like in the northeast, in Chicago and in San Francisco, they are quietly regaining momentum. That's where demand is steady. Construction is limited, and that's why rents are ticking higher. So this is why, like I've talked about before, it's good for you to invest in some Sunbelt areas, say, like Florida and then others that have this steady demand, like, say, a place in Ohio. And it's worth pointing out, too, how unusual it is that a city like Austin has a 6.8% rent contraction. We all know that housing prices are more stable than stocks, sure, but real estate rents are even more stable than housing prices, so this rent aberration that was caused by such wild overbuilding in Austin. Now, I recently attended a presentation on the rental housing market. It was put together by John Burns. He's the one that presented it, and he's the owner of the eponymous John Burns research and consulting. And people pay good money to attend these presentations, and he's a guy worth listening to, always with good housing market insights, and some of his insights while they're the same ones I've shared with you for a while, like how there's been a persistent lack of housing supply in the Northeast and Midwest, and still an abundant supply in the south. The Northeast is the only region of the nation that's adding more jobs than new homes at this time, the top amenities that tenants want today are a driveway in a yard. Pretty simple things. They're not a pool in a clubhouse. They're a driveway in a yard. And if you think about them, it totally makes sense, and that's why single family rentals have become such a booming industry, because that's where tenants are getting a driveway and a yard and burns. Also pointed out that most US job growth is in low income jobs. The presentation talked mostly in terms of headwinds versus tailwinds. Lower immigration. Well, that's a headwind. That's a bad thing for real estate investing, since immigrants tend to be renters. The tailwinds The good thing that includes less future supply coming out of the market, fewer apartments and fewer build to rent, deliveries coming online, fewer being added between today and 2028 and another positive for the next two decades at least, is the fact that since people are having fewer kids, that makes people less likely to settle down, buy a home and need a good school district. Well, that is good for people renting longer, longer tenancy durations, and John Burns also spotlighted how building material cost inflation is up 40% from pre pandemic times fully 40% more in material costs. But that Spike has since flattened out. However, it is just another reason why home prices can't really fall substantially. Today's prices are baked in, and his summary overall is to be bullish and bet on the tailwinds those real estate investing positives that is mostly due to future rent growth because the new supply is going away, and it's going to continue to stay difficult to buy a home, more rent growth, and that's the end of what he had to say. So as you're out there, targeting the right areas and renters for your properties, I've talked before about how new build rental property is a sweet spot, since your builder will often buy down your mortgage rate. For you, new build is where you can attract a good quality tenant. Look for a moment, just forget finding a tenant that can just barely afford your unit because they're spending 30 to 33% of their income to pay you rent, because, see, in that condition, there's no room for you to get a rent increase. If you can offer great value to your residents and target a 10 to 15% rent to income ratio, aha, you are really in good shape, because the easiest rent growth is retaining happy residents that are conditioned to accept 5% rent increases. Well, that is more likely in a nice new build property. That's where you attract a better tenant. And if they were to move out, they would have to take a lesser property so they will stay and pay the rent in. Increase, and they're going to have the capacity to do so when the rent is only 10 to 20% of their income. Keith Weinhold 5:25 Now, when we talk about a major factor that trickles down to rents, the level of inflation, a lot of this comes down to the Fed chair and even the president, to some extent. And you know what's interesting, half the nation bashes whoever is president, and the entire nation bashes whoever is the Fed chair. Look, every recent Fed Chair has been maligned and bashed more than a pinata at a toddler's birthday party, bashed open more than an umpire at a little league game. Well, since 1980 there have been five of them, Volker, then Greenspan, then Bernanke, then Yellen and now Jerome Powell, most of that group is known for substantially lowering interest rates, yet they've remained unpopular anyway. And you know the irony here? The most popular of these five is Paul Volcker. He's the only Fed chair that's celebrated, and yet he jacked rates in the 1980s to up near 20% yes, 20% he really made borrowers feel the pain, but yet he's the only guy that's celebrated, because that's how he stomped that out of control inflation fire, 45 years ago, in 1981 mortgage rates peaked between 18 and 19% yet Somehow he's the Fed share that we celebrate? Well, here in more modern times, will the Fed eventually have to do the same thing? This is because Trump wants inflation now. The short term, talk is about lowering interest rates, but there are so many inflationary forces that you've got to wonder about how interest rates could very well go much higher later to get on top of this inflation that I'm telling you Trump actually wants. Now, of course, no one is going to come out and explicitly say that they want inflation, but that is now so implied, there are a ton of policies that the administration favors that are super inflationary. Some are a little deflationary, like deregulation, but they are overwhelmingly inflationary. Look tariffs, that's inflation on goods, mass deportations, that's labor inflation, reshaping the Fed in order to lower rates. That's inflation, the one big, beautiful bill, act that's lots of spending and largely inflationary. I'm telling you, Trump wants inflation now I'm not here to evaluate these policies for being good or bad. This is about policies, not politics, and understand it's not just the US government. It's every government everywhere that secretly wants inflation. And why do they want that? Well, first, it fuels spending. If you know that your dollars are going to shrink in purchasing power tomorrow, well then you're going to spend today, and consumer spending makes up 68% of us. GDP, yes, Amazon, thanks, you. Secondly, inflation shrinks the government's debt. The third reason that governments everywhere want inflation is because it foils deflation. In a deflationary world, people hoard cash like its gold bullion, tax revenue dries up and the economy stalls, and also inflation. It facilitates wage adjustments. It helps the labor market function. If economic conditions are weak, well, then employers can implement real wage cuts just by keeping salaries flat right where they're at. I mean, that is so preferable to cutting nominal wages directly and giving employees a pay cut notice. Everyone hates seeing that. So those are what four big reasons why governments will take their gloves off and fight in a steel cage match to the death to ensure inflation. So most expect a rate cut at the Feds meeting next week. But if this continues and there were massive cuts, you know, there's something else you've got to ask yourself, do you really want to live in an economy where massive rate cuts occur. I mean, that's what the 2008 global financial crisis and the covid pandemic in 2020 brought to us. So massive cuts mean there's some giant problem out there. Therefore, although the Trump and Powell rivalry, it might make you. Interesting theater and headlines. You know, let's not get carried away. Let's put things in perspective. What matters to you more is how many dollars you're leveraging, the efficiency of your property operations and the quality of your business relationships. Really, the bottom line is that fed tweaks are background noise inflation, that is the long term engine that makes your real estate profitable. Focus there, and let the politicians keep doing the yelling concerns about ongoing inflation and what that means for real estate investors, that's next. I'm Keith Weinhold. You're listening to get rich education. Keith Weinhold 8:57 The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chaley Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com. Keith Weinhold 8:57 You know what's crazy your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family. 266, 866, to learn about freedom. Family investments, liquidity fund again. Text family, to 66866, Ken McElroy 17:26 this is Rich Dad advisor Ken McElroy. Listen to get rich education with Keith Weinhold, and don't quit your Daydream. Keith Weinhold 17:34 we have a familiar voice back on the show. It's an in house discussion here with our own GRE investment coach since 2021 he's helped you completely free, usually over the phone, learning your own personal goals and then helping you find the market that's the right fit for you, and even help connect you with the exact property address that helps you win the inflation Triple Crown, like say, 321, Mulberry Street in Chattanooga, Tennessee. They say that formal education will make you a living self education will make you a fortune. Well, he's got them both. He's slinging an MBA, and he's an active real estate investor just like you and I. Hey, welcome back to the show investment coach and race Vista. Naresh Vissa 18:25 Hey, Keith pleasure, to be back on. Keith Weinhold 18:27 Inflation is something that affects real estate investors even more so than it does the general public. Since we're borrowing large sums of money and the inflation discussion sure has been interesting lately, you just can't quite get rates back down to 2% still, they've been elevated for years. So talk to us from your vantage point about inflation and future inflation concerns. Naresh Vissa 18:51 Well, Keith, I am concerned about inflation. This is the first time in a year or so that I'm concerned with the direction and with the policy surrounding inflation, here's why. And I brought this up when I was on your podcast in July, the current administration is not talking at all about the fact that inflation is rising. We saw the CPI, for example, hit 2.3% which was four year low earlier this year, and since then, inflation has gone up. That is concerning, that inflation is going back up without any rate cuts. Yet it's gone back, I don't want to say gone back up, but it's gone up. And remember, the Federal Reserve inflation target is 2% so we want to get as close to 2% as possible. And the number one issue in the 2024 election, and the number one issue today is still the cost of everything is right, is too much, which we'll talk about, from gas prices to home values to rents to grocery that's the. Big one, the cost of groceries, the stuff that you buy at grocery stores, etc, everything is just too expensive. Of course, education, you name, childcare, everything is just too expensive. Inflation is still, I think the administration needs to really tackle this problem. They need to really, really tackle it, because it is the number one issue. It is what people essentially, their vote is, is based on it's not necessarily based on some peace agreement in a foreign nation. It's not based on some social issue. The number one issue is going to be this inflation problem. It's are things affordable? Do I have money in my bank account to pay for X, Y and Z? So I am concerned because, yes, tariffs are inflationary. That's kind of common sense. Now I think tariffs can be good. Tariffs can keep inflation in check. If they're handled the right way, we will see that. But my bigger concern is that inflation has been rising. We're not anywhere close to that 2% and we know with a very high degree of certainty that the Federal Reserve is beginning their rate cutting cycle next week with the September rate cut, and that's going to be extended. We've seen President Trump. He's very public, his Treasury Secretary, his Secretary of Commerce, all the economic advisors who he has, they're very transparent about the fact that they want rates slashed, and they want rates slashed quickly. And so we know that we're going to get a rate this is going to be a rate slashing cycle. It's going to be great for the upper class, if you want to call it, it's going to be great for real estate investors, but for the common man, the byproduct of that is going to be higher inflation. There's just no way that you can cut rates so quickly, so low, and you're not going to see inflation. That's my concern. Now on the other hand, and again, we have to see how this plays out. On the other hand, I brought up earlier this year, I've referenced Doge. I think Doge is doing a good job cutting government spending, trying to scale back some of the government initiatives, not that the government's always going to spend we know that, but it's you need to cut back, and doges is trying to do that. That's a plus. But even bigger, I talked about some foreign wars, right? Well, I think that the Middle Eastern conflict and the Russia Ukraine conflict, both of those actually are disinflationary, or fixing those conflicts, creating peace. We've seen a ceasefire in the Middle East. We've seen a peace agreement in Ukraine, and they're disinflationary because of some of the items that I brought up. I think oil is going to dip below $50 a barrel as a result of these peace agreements, these ceasefires. So we're going to see oil prices go down. When you see oil and energy prices go down, you see the cost of almost everything else go down, because you need oil and energy to transport everything else. If you're building a house, you have wood and steel and lumber and and all sorts of materials. And it's you need a truck to transport all that. And the truck is probably it's not an EV truck. You're getting these big trucks that are using diesel fuel. So if we can bring down the cost of of oil and gas and electricity, which these taking care of these conflicts will do, creating peace will do the price of those products, oil, the natural gas, the electricity, the wheat, the grains, those are your groceries. The cost of those are going to come down. So I think it's very positive what we're seeing with this idea of peace in regions that make a huge difference to the global economy. So I'm curious to see, like I think we could see greater than 100 basis point decrease in inflation just by solving these conflicts 1% or more, like I legitimately think so, and that's without the tariffs. That's without the federal rate cut. So even if we're at, let's say, two and a half percent inflation today, and you shave off 100 basis points up now you're at one and a half, and then you throw in tariff inflation, you throw in the rate cut inflation, and we're around 2% so that's the ideal scenario that the administration is hoping for. It's let's create peace, let's have a freer market, and then they can scale back a lot of these tariffs too, because many of these tariffs against India, for example, they can scale back the United States can scale back the 50% tariff on India. That tariff was India got hit with because they're buying Russian oil, and you take care of the Russia conflict. Now it's we say, oh, India, you know, we'll scale back to go back to your 25% tariff, or maybe even less, if you do X, Y and Z. For us, we can expect to see many of these tariffs scaled back. We can expect to see the price of specific goods and services, the prices decrease, which will bring down inflation. That's what I'm optimistic about. Hopefully all these agreements hold, which I think they will, and we can expect that, and the Fed can begin its rate cutting cycle, and everything will be booming, and everything will be great. This is the. Deal scenario. I'm not predicting this. This is the ideal scenario for the administration, Keith Weinhold 25:05 when both war and terrorists get as bad as they can possibly get. From there, they can only get better, each of which would be disinflationary. Now, the CPI inflation has been reported at 2.7% each of the past two months. But when we talk about rates, Trump wants lower rates, of course, and I think we all know that the Fed's fear of lowering rates is that high inflation could resurface. One thing though, that few think about is that lower rates lead to higher inflation, which kills off the national debt faster. But when we think about upcoming federal reserve rate cuts anytime, whether this was 10 years ago today or 10 years into the future, these are the type of lessons that I like to talk about. All right, when we look at the last Fed meeting, there was no rate cut, but then awful jobs numbers were reported right after that. That's why some think that there could be a 50 point rate cut at the next meeting. The Fed meets eight times a year, so there's about a month and a half between meetings. Now, the Fed doesn't have to wait for a meeting to make a rate cut. They can do an emergency rate cut between meetings, like we saw during covid, but sometimes they're reluctant to do that because that really spooks markets, and that makes people think, oh my gosh, there was an emergency rate cut. Maybe things are worse than we thought. What's going on that triggers concern? Naresh Vissa 26:24 Well, I think that would be a huge mistake to have an emergency. Yeah, anatomic was obviously an emergency. That was a global emergency. Makes sense. 2008 I remember, I was just college student, but that was an emergency because we saw people lining up on the streets of Manhattan with all their boxes of laid off work, and we saw that on Phoebe. You know, that was a trying time. I think that's out of the question. It's completely unnecessary, especially when the Fed meets every 45 to 50 days. It's, you know, you can wait another 20 days until the next meeting and then make a decision when you have lower rates than the cost, the borrowing costs on the debt, it goes down so the government can refinance its debt, and they would pay less keyword interest dollars. That's a plus, the other plus with tariffs. And I really hope, again, this is just my opinion. I hope this is what happens. But the government is raising quite a lot of tariff revenue, so close to $30 billion last month. And we can expect, in the first full year, next year, it's going to have raised close to half a trillion dollars just for fiscal year 2026 that's the expectation, about half trillion dollars worth of tariff revenue. And I hope that the government uses that pair of revenue to pay down the debt, because when you're paying down the debt, you're dissipating inflation. What I actually don't want them to do is to give us back that money, because they've been floating that around, saying, Oh, we got all this tariff revenue. Let's get it back as a tariff dividend, and every American gets hex, you know, $100 in their bank account or something Keith Weinhold 28:01 very altruistic. Of you patriotic, Naresh Vissa 28:04 I would much rather that they use 100% of it to pay down that debt, because the country is going to be better off as a whole over the long term, and in turn, the people will be better off over the long term. The people may not see it. They may want their $200 check or $100 check or whatever it might be, but over the long term, I think the tariffs are overall working out quite well. We're not seeing the crazy inflation that the mainstream expert predicted. I don't think we're going to see the crazy inflation that the experts predicted, if you it's not going to be because of the tariffs, in my opinion, I think it's going to be if there's this aggressive rate cutting cycle that juices the markets and the cost of everything just just goes up. And this ties into real estate investing, because when the Fed starts cutting, that's a very good time for real estate investors to pay attention when the Fed stops cutting immediately. That's a an even better time to pay attention when the rates have bottomed. And this has to deal with timing the real estate market. I'll give you an example. I own several properties. Of one of my properties when the Fed was cutting in 2020 it took about a year for all those cuts to permeate into the mortgage market and into the the market as a whole. It took it. The inflation didn't go up overnight. The inflation didn't go up in April of 2020 or or May of 2020 it went up in April of 2021, it took about a year. So I actually refinanced one of my properties in July of 2021, I refinanced my my property, and I saved about 110 basis points on that refinance. And that's what I mean by timing the market. Because, if you're paying attention, part of it was I knew, Okay, the Fed has stopped. It's cutting. And you know, let's follow the more. Good market. Let's follow the Treasury yield curve and all that. And I jumped in. I literally refinanced at the bottom, like at the absolute bottom. There was about a three month window that was the bottom, and I refinanced. I did the application all that at the beginning of those three months, and it was and I got that great rate at the end of those three months. And I think there's going to be a tremendous opportunity for real estate investors. And I'm sure the Bane This is why I'm a little concerned about inflation as well, because the big hedge funds, the big real estate investment firms, the big banks, the blackstones, the blackrocks, they're going to be ready, and they're going to buy up. They're going to buy up real estate again, and investors, including our GRE investors, they're going to start buying up too. So pay attention. We're going to cover it here. We're going to cover it here, on the podcast and in the newsletter. But pay attention to these rates, because it'll be, I don't want to say, a once in a lifetime opportunity, but it will be a once in a cycle type of opportunity to jump in and get some bottoming real estate values as well as bottoming real estate mortgage rates at the same time. So that equilibrium point is only, like I said, about three or four months long. So we're going to be coming to that point and timing it sometime, I think next year, 2026 Keith Weinhold 31:21 talk to us about the vibe that you're getting from GRE listeners that contact you for a free coaching session. It's really hard to time the real estate market. Why don't you help us out with that? Let us know about a listener or two that you recently helped. Naresh Vissa 31:37 Well, we have free real estate investment coaching here at GRE. It's absolutely free of charge. You can call, text me, email me whenever you'd like. People can book a free meeting with me, and it's a session. It's an immersive session on real estate investing. So we can go over all of that on our call. You can reach out to me unlimited times, like I said, it's I'm here just to help you throughout and along your real estate investment journey, I've helped hundreds of people invest in real estate, hundreds so it's buying turnkey, cash flowing real estate properties, so our investors can buy properties, and use my guidance and advice to help them buy properties. I also help them if they already own properties, how to optimize their portfolio, how to find new markets. I help them with their existing properties, dealing with property managers, with contractors, even with issues that things aren't always great in real estate, sometimes things can be bad. So listener Paul, for example. Listener Paul, he had a problem with the builder, and he submitted earnest money, and he wanted his earnest money back. Many, many years had gone by, and he came to me and he said, Hey, Naresh, you know, I've got all this money tied up, and the builder's not giving me the money back. Can you help me? And so I got him in touch with the right people, and within three or four months, he got all of his money back, plus interest on all the missed payments. So he got everything back as a lump sum, and then he thanked me and said, Thank you so much. I can sleep better at night, and I'm just I'm doing very well now, and he was ready to buy his next property. Keith Weinhold 33:15 That's an example of where a deal went wrong and the builder didn't perform and build a property. Naresh Vissa 33:19 Yes, exactly. Think of me as a trusted advisor, but also as a super connector, someone who can get you in touch with all the right companies and people to make real estate investing very sound. We have listener Joe, who bought many properties through us. He bought his first property through me and through GRE through our coaching program, and that first property worked out really well. So then he said, Hey, I want to buy a second property about six months later. So he bought a second property, and that worked out well. And then he said, let's go with it. And he bought all these with the same provider. So once he reached four, because my rule is, you don't want to go more than four or five in one market. Then he asked me for the next he said, what market do you recommend next? So then I recommended the next market, and then he bought another three or four in that market, and he built a nice little portfolio of seven or I mean, some people think it's little, some people think it's big, of seven or eight properties. So that's very common with the coaching program, where our listeners are really happy. If things are going great, I'm here for them. If things are not going the way that they expected, I'm here to help fix that problem. Keith Weinhold 34:30 Maurice, is there to help you start building and grow a portfolio. Now, how do you yourself analyze deals and find properties before you let our listeners know about them? Naresh Vissa 34:40 Well, we work with 15 to 20 different providers around the country, 15 to 20. So these providers are always reaching out to me, emailing me, calling me, leading me voicemails, texting me, saying we've got this great deal. We've got this great incentive. So I parse through all of that, and I find a handful of what I think is best. US and many of these deals, I send them to you, Keith, to promote in your Don't quit your Daydream newsletter, which people can subscribe if they go to get rich education.com. I send them there, and I let our listeners know on the phone when they set up calls, or I have notes on every meeting. So I'm able to send all of these deals to them, and that's how I put the best deals in front of them. Keith Weinhold 35:25 Most of the coaching calls are over the phone rather than zoom the race. Sure can arrange a zoom call with you if you prefer. You really don't need to do too much to prepare for the call either. Naresh Vissa 35:38 No, not at all. Just sign up for the meeting, and I'll run things. I'll run the meeting, I'll run the call. It's very straightforward. It's a session. It's very immersive, very interactive. Keith Weinhold 35:49 Yeah, and you just have to book a time with Naresh once there and afterward. Yeah, it's really casual. Naresh is very open to you text messaging him if you have any ideas, or if you just heard about something on the show that you want to know more of. But yeah, booking that first coaching call is really what opens the door to the communication. And you really staying up to date on things. You can find a race through GRE marketplace. And alternatively, you can learn more about him with his bio. And importantly, book a time on his calendar by going directly to GREinvestment coach.com for a while now he's had times available Monday through Friday, and even some weekend slots available, and yeah, keep in touch with him, because property inventory is ever changing, especially with late breaking news like we've had this year of Home Builders Offering major incentives like buying down your mortgage rate to about 5% so staying up to date has hopefully brought you, the listeners, some really big wins already this year. Naresh, do you have any last thoughts? Naresh Vissa 35:49 Definitely book a meeting with me. You won't regret it. I think even if you think that you own all these properties, you have all this experience, I think you'll find that the resources we offer it through our free coaching program, there will be one or two nuggets that you didn't know about that will still help you. So it doesn't harm anybody to book that free session with me. If you don't think you need my help, maybe it's just a five minute call and we touch base and we're good to go. That's fine too, but I highly recommend that people get in touch with me. We go from there so that you can continue to have a fruitful investment journey. Keith Weinhold 37:28 Naresh has been valuable as always. Thanks for coming back out of the show. Naresh Vissa 37:31 Thank you very much, Keith. Keith Weinhold 37:38 Yeah, some sharp insight from Naresh as always. Now, when you think about making your next property move, consider how, compared to a few years ago, uncertainty has largely abated and real estate has stabilized. Think about how back in 2020 covid was the big uncertainty concern 2021 it was this real estate boom and an inventory shortage. You would get 50 or 80 offers on one property, and buyers were waiving inspections. That was tough. That was such a seller's market in 2022 that's when you had inflation and the supply chain chaos. That's when CPI inflation peaked at 9.1% in 2023 the big uncertainty concern was interest rate shock and the affordability crisis. And last year and this year, they've pivoted more to macro economic concerns. So therefore today's chief concern gets somewhat more buffered from real estate. Now I discussed the direction of rents earlier in today's show, the recently released Kay Shiller numbers came out, and they show that national home prices are up almost 2% annually, 13 cities or higher and seven or lower. By the way, this continued nominal price appreciation that frustrates the bejesus out of those perpetually wrong crash predictors. They have been wrong even longer than the people waiting for flying cars to show up. And where will prices continue to go from here, probably even higher now, America just hit somewhat of a milestone in this cycle. You might remember that mortgage rates peaked at 7.8% almost two years ago. Well, mortgage rates have now slid down to six and a half 6.5% and here's why this has become significant, right? Just compared to when rates were 7% per the nar 2.8 million Americans now qualify to buy a home. 5.5 million more will qualify at 6% and 7.7 more will qualify at five and a half percent. My gosh. Now. Now, of course, not every newly qualified buyer is going to pounce on a property, but only if a fraction of those do. Can you imagine how this demand increase will stoke prices? There are still only about 1.1 million homes available today. So not only are mortgage rates at a fresh low, but inventory choices, although they're still historically low, they are now at a six year high, and this is all while there's less buyer competition. So today's buyer conditions are really improving, and the bottom line here is that you are in the best position in more than five years to find the right property while still avoiding a bidding war, you have really got some properties to choose from. That is the takeaway, and you don't need to do much to prepare for an immersive free call with Naresh. You know what your situation is, although you probably do want to have about a 20% down payment for a property ready to go, some of which cost as little as 200k in these investor advantage markets, whether you've never bought any property in your life, or if you have dozens, it probably will benefit you. You can easily book a time that works best for you right on a GRE investment coaches calendar that way. There's no back and forth, and you can set it up now. Should you so choose at GRE investment coach.com Until next week, I'm your host, Keith Weinhold, don't quit your Daydream. Speaker 3 41:38 Nothing on this show should be considered specific, personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 42:02 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point, because even the word abbreviation is too long. My letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre, 266, 866, while it's on your mind, take a moment to do it right now. Text gre, 266, 866, Keith Weinhold 43:18 The preceding program was brought to you buy your home for wealth, building, get richeducation.com
L'émission 28 minutes du 08/09/2025 C'est un nouveau bras de fer engagé entre Donald Trump et la Réserve fédérale des États-Unis (FED). Pour asseoir sa politique économique, le président américain entend baisser les taux directeurs de la FED. L'objectif affiché est de dynamiser l'économie américaine, mais la méthode risque de favoriser l'inflation. Or, la lutte contre l'inflation est l'une des prérogatives de la banque centrale américaine, qui se refuse donc à appliquer cette mesure, au risque de s'attirer les foudres de Donald Trump. Après avoir qualifié Jerome Powell, le directeur de la FED, de "crétin obstiné", il entend désormais limoger Lisa Cook, l'une des 7 gouverneurs de l'institution car elle aurait, selon lui, bénéficié de taux d'intérêts avantageux pour un emprunt personnel. Cette immixtion politique dans une institution traditionnellement indépendante a provoqué l'émoi dans les milieux économiques : Christine Lagarde, présidente de la Banque centrale européenne, y voit "un danger très sérieux", alors que 600 économistes ont signé une lettre de soutien à Lisa Cook. Faut-il craindre que cette offensive de Donald Trump ait des répercussions sur l'économie mondiale ? On en débat avec Jézabel Couppey-Soubeyrand, maîtresse de conférences en économie à l'Université Paris 1 Panthéon-Sorbonne, Gérald Olivier, journaliste franco-américain et Natacha Valla, économiste, ex-directrice adjointe à la Banque centrale Européenne.28 minutes est le magazine d'actualité d'ARTE, présenté par Élisabeth Quin du lundi au jeudi à 20h05. Renaud Dély est aux commandes de l'émission le vendredi et le samedi. Ce podcast est coproduit par KM et ARTE Radio. Enregistrement 8 septembre 2025 Présentation Élisabeth Quin Production KM, ARTE Radio
For months President Donald Trump has been pressuring the Federal Reserve Chairman Jerome Powell to cut interest rates, calling him "too slow" and "too late." FOX Business correspondent Gerri Willis speaks with Nancy Tengler, CEO & CIO of Laffer Tengler Investments, about the crucial inflation data ahead this week and why it is likely to impact the magnitude of the forecasted rate cut from the Fed. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured The latest jobs report is a disaster—22,000 lost jobs, a plunge in full-time work, skyrocketing underemployment, and native-born workers pushed out of the labor force. Yet the media response? Spin, denial, and absurd excuses that insult the public's intelligence. From blaming Jerome Powell to bizarre “Chewbacca defense” talking points, it's clear the real unemployment crisis isn't just economic—it's honesty in reporting.
0:30 You're listening to American Ground Radio with Louis R. Avallone and Stephen Parr. We break down President Trump’s latest executive order renaming the Department of Defense back to its historic title, the Department of War. Is it just semantics—or a powerful shift in America’s posture on the world stage? We cover the Top 3 Things You Need to Know: The U.S. economy added just 22,000 jobs last month—well below expectations. Trump takes aim at Fed Chair Jerome Powell as Democrats blame tariffs for weak growth. Federal agents arrest 450 illegal aliens at a Hyundai plant in Georgia, sparking international controversy. 12:30 Sharpen your focus with Brain Reward. Improve your cognitive experience with Brain Reward from Victory Nutrition International. You get 20% off if you go to vni.life/agr and use the code AGR20. 13:30 One of Joe Biden's top aides, Andrew Bates, plead the fifth when asked if Biden actually ran the White House. What is he hiding? We ask the American Mamas, Teri Netterville and Kimberly Burleson, if parents are normalizing weird behaviors that set kids up for failure. From furries to gender questions and the “best-friend parent” trend, the Mamas push back on treating momentary childhood phases as lifelong identity choices. If you would like to ask our American Mamas a question, go to our website, americangroundradio.com/mamas and click on the Ask the Mamas button! 23:00 President Trump pushes for a tougher U.S. citizenship test—arguing that raising the bar honors immigrants and strengthens America. We Dig Deep into widespread anti-Christian bias across multiple federal agencies under the Biden administration, from the DOJ and State Department to HUD and the Department of Defense. 32:30 Absorb more good stuff and detoxify the bad stuff with Enzorb. Go to their website vni.life/agr. Use the code agr20 to get 20% off. 33:30 Mitch McConnell claims that America is in its most dangerous period since before World War II. Plus, it's Fake News Friday! Transgender controversies, Trump rumors, stolen soccer gear, rising sea levels, and radioactive shrimp. Can you spot the Fake News? Go to our Facebook page, facebook.com/American Ground Radio and tell us what your score is. 40:30 We address Rosie O'Donnell's latest unhinged attack on President Trump. And we finish off with Darth Vader's original lightsaber. The auction price of this Star Wars collectible will make you say, "Whoa!" Links: August worst month for job growth this year Trump to Sign Executive Order Changing Department of Defense to Department of War Hundreds arrested in immigration raid at Hyundai plant site in Georgia Trump to speak at Museum of Bible as DOJ finds numerous instances of anti-Christian bias under Biden Coveted Star Wars Lightsaber Auctions For Record-Breaking $3.6 MillionSee omnystudio.com/listener for privacy information.
For months President Donald Trump has been pressuring the Federal Reserve Chairman Jerome Powell to cut interest rates, calling him "too slow" and "too late." FOX Business correspondent Gerri Willis speaks with Nancy Tengler, CEO & CIO of Laffer Tengler Investments, about the crucial inflation data ahead this week and why it is likely to impact the magnitude of the forecasted rate cut from the Fed. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
Od svého návratu do Bílého domu Donald Trump krouží kolem Federálního rezervního systému, americké centrální banky. Jeho primárním terčem byl předseda takzvaného Fedu, Jerome Powell.
September 6, 2025; 7am: In a sign that the Trump administration is planning a repeat of what happened in Los Angeles in June, fencing was put up around a federal courthouse in downtown Chicago in preparation for protests. The Pentagon has officially greenlit using a Naval base north of the city as a staging ground to launch operations. Former House Rep. Max Rose and Maya Wiley join The Weekend to discuss President Trump's plans in Chicago and DC.For more, follow us on social media:Bluesky: @theweekendmsnbc.bsky.socialInstagram: @theweekendmsnbcTikTok: @theweekendmsnbcTo listen to this show and other MSNBC podcasts without ads, sign up for MSNBC Premium on Apple Podcasts.
The jobs report came out this morning and it was a painful one. The US added only 22,000 new jobs in August, according to the latest BLS report. And unemployment ticked up to 4.3%. What does this mean? Find out in today's First Friday episode! Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. (01:48) ADP vs BLS Jobs Data (04:33) Mortgage Rates & Their Impact on Homebuyers and Sellers (11:30) Fed Chair Jerome Powell's Remarks (12:54) The Fed's Dual Mandate Explained (15:58) The Fed's Changing Approach to Unemployment (18:13) Implications: Rate Cuts on the Table For more information, visit the show notes at https://affordanything.com/episode640 Learn more about your ad choices. Visit podcastchoices.com/adchoices
The White House is trying to downplay a dismal jobs report showing unemployment at a four-year high amid growing political fears the economy is running out of gas. President Trump blamed the alarming numbers on his economic nemesis, Fed Chair Jerome Powell. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tune in here to this Friday edition of The Brett Winterble Show! Brett kicks off the show with Pete Kaliner for the long-awaited Friday Hangover! They discuss escalating global tensions, narco-terrorism, and what they see as the revival of the Monroe Doctrine under President Trump. The conversation kicks off with bold claims about Trump targeting cartels and quickly evolves into a spirited back-and-forth on U.S. foreign policy, Venezuela, China, and the potential for a new world war—jokingly dubbed "World War Five." Brett and Pete also dive into the idea of America reasserting control in the Western Hemisphere, while throwing in humor, historical references, and media commentary. There’s even a brief debate over Marco Rubio’s political evolution and breakdancing potential. We're joined by Phil Kerpen from American Commitment to talk about the state of the U.S. economy and the growing instability within the Federal Reserve. Kerpen breaks down the latest jobs report, calling it weak and riddled with major downward revisions that undermine confidence in the Bureau of Labor Statistics. He highlights declining federal employment and the upcoming removal of deferred-resignation employees as economic positives. Kerpen also slams the Fed under Jerome Powell, citing lavish spending, internal dysfunction, and chronic failure to meet inflation targets. Looking ahead, he predicts a likely rate cut, though warns that without federal spending cuts, long-term interest rates like mortgages won’t fall. The conversation ends with a sharp take on AI’s impact on entry-level tech jobs and advice for young people to pursue trades that are less vulnerable to automation. For more, visit https://www.americancommitment.org/ Listen here for all of this and more on The Brett Winterble Show! For more from Brett Winterble check out his YouTube channel. See omnystudio.com/listener for privacy information.
Tune in here to this Friday edition of The Brett Winterble Show! We're joined by Phil Kerpen from American Commitment to talk about the state of the U.S. economy and the growing instability within the Federal Reserve. Kerpen breaks down the latest jobs report, calling it weak and riddled with major downward revisions that undermine confidence in the Bureau of Labor Statistics. He highlights declining federal employment and the upcoming removal of deferred-resignation employees as economic positives. Kerpen also slams the Fed under Jerome Powell, citing lavish spending, internal dysfunction, and chronic failure to meet inflation targets. Looking ahead, he predicts a likely rate cut, though warns that without federal spending cuts, long-term interest rates like mortgages won’t fall. The conversation ends with a sharp take on AI’s impact on entry-level tech jobs and advice for young people to pursue trades that are less vulnerable to automation. For more, visit https://www.americancommitment.org/ Listen here for all of this and more on The Brett Winterble Show! For more from Brett Winterble check out his YouTube channel. See omnystudio.com/listener for privacy information.
We discuss Jerome Powell's speech at Jackson Hole, the housing market, and the implications of President Trump's potential removal of Fed Governor Lisa Cook.
Today, we're pulling back the curtain on one of the most powerful institutions in the global economy: the Federal Reserve. The Fed's meeting later this month isn't the only reason the central bank is in the headlines. Between President Trump's push to oust both the BLS Commissioner and Fed Governor Lisa Cook, and his mounting public pressure on Fed Chair Jerome Powell, all eyes are on the Fed like never before. In this special joint episode of Money Rehab and Mo News, Nicole and Mosh are joined by Austan Goolsbee, FOMC member and President of the Federal Reserve Bank of Chicago. Goolsbee shares what it's like to be in historic Fed meetings, breaks down the balancing act between inflation and interest rates, and weighs in on the critical role of the Fed's independence. They also dig into whether the data that guides these billion-dollar decisions is still up to snuff in 2025, and what interest rates might actually look like in the months ahead. If you want to know where interest rates—and the economy—are headed, this is the episode to take to the bank. Subscribe to Mo News Follow Austan Goolsbee's work This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.
SHOW SCHEDULE 9-3-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR GOOD EVENING: The show begins in Beijing, watching the trio of Xi, Putin and Kim review the display of offensive weapons and offensive battalions. FIRST HOUR 9-915 John Batchelor 09-03 segment 1.mp3 Guest: Colonel Jeff McCausland, United States Army retired artilleryman, CBS News, Dickinson College visiting professor, and Diamond 6 Leadership and Strategy CEO. Global Geopolitics and Military Displays Colonel Jeff McCausland discusses a Beijing military parade featuring Xi Jinping, Kim Jong-un, and Vladimir Putin, interpreting it as a message of strength and innovation, not peace, while downplaying the US role in WWII. He also covers the static battle lines in Ukraine, European proposals for a military force, and US involvement in Middle East conflicts in Yemen and Gaza, noting a tactical agreement with the Houthis. 915-930 : John Batchelor 09-03 segment 2.mp3 Guest: Colonel Jeff McCausland, United States Army retired artilleryman, CBS News, Dickinson College visiting professor, and Diamond 6 Leadership and Strategy CEO. Pentagon's Evolving Mission and Global Order Colonel Jeff McCausland discusses the new national military strategy emphasizing homeland defense as the primary mission for the Department of Defense, shifting from an international "cop on the beat" role to a domestic one. This is reflected in increased border forces and Caribbean operations. McCausland also touches on China's ambition to establish a new global order, returning to its perceived historical position as a superpower, utilizing organizations like BRICS and the Shanghai Cooperation Organization.930-945 John Batchelor 09-03 segment 3.mp3 Guest: John Cochrane at the Hoover Institution. Federal Reserve Independence and Financial Regulation John Cochrane explores the complex debate on whether financial regulation should be integrated with or separated from monetary policy and less independent of Congress. He raises concerns about the Fed's independence, its failure to foresee the Silicon Valley Bank collapse, and the "too big to fail" phenomenon. Cochrane also discusses the risks of the Fed monetizing debt, its stance on stablecoins, and how its actions influence fiscal policy. 945-1000 John Batchelor 09-03 segment 4.mp3 Guest: John Cochrane of the Hoover Institution. Reforming the Federal Reserve's Role John Cochrane addresses proposals to reorganize the Federal Reserve, questioning whether it should become more political or have its scope narrowed to monetary policy, his preferred option. He criticizes the Fed'spandemic response, specifically its decision to print trillions of dollars for deficits, which he argues was a choice leading to the 2022 inflation. Cochrane also examines the wisdom of Quantitative Easing (QE), suggesting it had limited economic impact but expanded the Fed's political influence. SECOND HOUR 10-1015 John Batchelor 09-03 segment 5.mp3 Guests: Gordon Chang and General Blaine Holt, US Air Force General, retired. China's Historical Revisionism and Autocratic Alliances Gordon Chang and General Blaine Holtdiscuss China's military parade, led by Xi Jinping, which falsely claims Chinese victory over Japan in WWII, omitting the US and Allied contributions. Holt views the parade as theater for a crumbling Belt and Road Initiative, not a united front. They note India's absence from the parade due to animosity with China. Despite appearances, Putin and Kim Jong-un also have underlying animosity towards Xi Jinping, making their alliance one of expediency, not unity.1015-1030 John Batchelor 09-03 segment 6.mp3 Guests: Gordon Chang and Peter Huessy, President of Geostrategic Analysis, a fellow at the National Institute for Deterrent Studies. China's Nuclear Ambitions and Arms Control Challenges Peter Huessy describes China's nuclear weapons as tools for coercion and hegemonic goals, a stark contrast to the US view of deterrence. He notes China's rapid nuclear buildup, exceeding Soviet Union rates during the Cold War. Huessy and Gordon Chang discuss the imminent expiration of the New Start treaty with Russia and the absence of arms control talks with China, which has historically aided proliferation. This signals a "brave new world" with zero legal restraint on nuclear weapons.1030-1045 : John Batchelor 09-03 segment 7.mp3 Guests: Gordon Chang and Captain James Fanell, United States Navy retired, intelligence officer for the Seventh Fleet and for the Indo-Pacific Theater. Pacific Tensions: Philippines, China, and US Naval Strategy Captain James Fanell and Gordon Chang analyze China's strategic ambition to subjugate the Philippines, building militarized islands in the South China Sea. Fanell highlights Scarborough Shoal as a critical "cork in the bottle," potentially used by China as a military base. He notes the Philippines' new forward operating base with anti-ship missiles in the Bashi Channel as a counter. Fanell suggests a reinvigorated US Navymorale and a shift in the Pentagon's approach to deter China.1045-1100 John Batchelor 09-03 segment 8.mp3 Guests: Gordon Chang and Rebecca Grant, Vice President of the Lexington Institute. Venezuela, Guyana, and US Deterrence in the Caribbean Rebecca Grant discusses Guyana'sburgeoning oil wealth and Venezuela's threatening territorial claims under Maduro, who also opposes democracy. She and Gordon Chang analyze a significant US Navy presence off Venezuela's coast, including destroyers and a Marine Expeditionary Unit, as a strong deterrent against Maduro's actions and his alliances with Russia and China. Grantindicates improving morale and combat readiness within the US Navy, emphasizing its vital role in global operations. THIRD HOUR John Batchelor 09-03 segment 9.mp3 Guest: Brett Arends of Market Watch (Return on Investment). Bond Market Anxiety and Federal Reserve Pressures Brett Arends explains the bond market's current unhappiness stems from unsustainable national debt and uncertainty surrounding President Trump's tariffs. He clarifies that the Fedcontrols short-term rates, while the bond market sets long-term rates. Arends warns that Trump's pressure on the Fed to cut short-term rates could paradoxically cause long-term rates, including mortgage rates, to rise, hurting the economy and exacerbating market nervousness. He emphasizes the need for fiscal sustainability. 1100-1115 : John Batchelor 09-03 segment 9.mp3 Guest: Brett Arends of Market Watch (Return on Investment). Bond Market Anxiety and Federal Reserve Pressures Brett Arends explains the bond market's current unhappiness stems from unsustainable national debt and uncertainty surrounding President Trump's tariffs. He clarifies that the Fedcontrols short-term rates, while the bond market sets long-term rates. Arends warns that Trump's pressure on the Fed to cut short-term rates could paradoxically cause long-term rates, including mortgage rates, to rise, hurting the economy and exacerbating market nervousness. He emphasizes the need for fiscal sustainability. 1115-1130 John Batchelor 09-03 segment 10.mp3 Guest: Brett Arends of Market Watch. Addressing Bond Market Turmoil Brett Arends explains that the troubled bond market stems from unsustainable national debt and recent court rulings questioning President Trump's tariffs. He advises Donald Trump to support Federal Reserve independence, abandon attacks on Jerome Powell and Lisa Cook, and work with Congress on tariffs to ensure fiscal sustainability and calm market anxieties. Arends notes that gold's all-time high reflects a lack of market confidence.1130-1145 John Batchelor 09-03 segment 11.mp3 Guest: Bob Zimmerman who keeps the website Behind the Black. New Discoveries in Space and Planetary Science Bob Zimmerman highlights new solar research using the European Space Agency's Solar Orbiter probe, improving predictions of solar events that impact Earth's technology. He discusses the uniqueness of stars, Juice's Venus flyby en route to Jupiter, and Mars' chaotic mantle structure. Zimmermanemphasizes Mars' ample near-surface ice, making it attractive for colonization, and presents an exoplanet found in an accretion disc, challenging planetary formation theories.1145-1200 John Batchelor 09-03 segment 12.mp3 Guest: Bob Zimmerman who keeps the website Behind the Black. NASA Unionization and SpaceX Milestones Bob Zimmerman addresses the recent executive order by President Trumpeliminating unions at NASA and other agencies, arguing that government unions are inefficient and costly. He then praises SpaceX's achievements, including a Falcon 9 first stage completing its 30th flight—a new reuse record. Zimmerman notes SpaceX is significantly reducing launch costs and enabling new space technologies like Starlink, also mentioning the reuse of a Starship super heavy booster. FOURTH HOUR 12-1215 John Batchelor 09-03 segment 13.mp3 Guest: Simon Constable writing for The Wall Street Journal and other distinguished publications. European Politics, Commodities, and Digital Identity Debates Simon Constable reports on pleasant weather in the South of France and seasonal produce. He reviews commodity prices, noting gold's all-time high, coffee's surge, and orange juice's decline. Constable discusses political crises in France, with President Macronfacing a no-confidence vote, and the UK, where Keir Starmer struggles with spending cuts and migration. He advocates for digital national ID cards as the only reasonable solution to migration.1215-1230 : John Batchelor 09-03 segment 14.mp3 Guest: Simon Constable writing for The Wall Street Journal and other distinguished publications. The Rise of AI in Romance Simon Constable shares surprising polling data from the Kinsey Institute on romantic engagement with AI. He reveals that 16% of single adult Americans romantically interact with AI, with Gen Z being the most likely cohort at 33%. Furthermore, 44% of single Americans dating AI believe emotional support from an AI partner is superior to human support, highlighting a stark generational shift in romantic relationships.1230-1245 John Batchelor 09-03 segment 15.mp3 Guest: Janatyn Sayeh from the Foundation for Defense of Democracies. Iran's Nuclear Dilemma and Regional Threats Janatyn Sayeh discusses the looming snapback mechanism of the 2015 JCPOA, which could reinstate UN sanctions on Iran if it fails to comply with demands. Iran's non-compliance has its currency hitting new lows, yet Tehran threatens regional war and exiting the NPT if sanctions return. Sayeh notes Iran seeks rearmament, primarily from China, with Belarus and North Korea acting as potential intermediaries for Russian weapons.1245-100 AM John Batchelor 09-03 segment 16.mp3 Guest: Ivana Stradner from the Foundation for the Defense of Democracies. Autocracy and Protests in the Western Balkans Ivana Stradner reports on mass protests in Belgrade demanding snap elections following a fatal accident and criticizing President Alexander Vučić's autocratic regime, which she likens to "Belarus 2.0". Vučić is accused of corruption and suppressing free media, while fostering close military and economic ties with China and Russia to maintain power and "blackmail" the West. Stradner expresses concern over the repression against Serbian people.
John Batchelor 09-03 segment 10.mp3 Guest: Brett Arends of Market Watch. Addressing Bond Market Turmoil Brett Arends explains that the troubled bond market stems from unsustainable national debt and recent court rulings questioning President Trump's tariffs. He advises Donald Trump to support Federal Reserve independence, abandon attacks on Jerome Powell and Lisa Cook, and work with Congress on tariffs to ensure fiscal sustainability and calm market anxieties. Arends notes that gold's all-time high reflects a lack of market confidence. PEKING UNIVERSITY
This week on Payne Points of Wealth, Bob, Ryan, Chris, and Courtney unpack what Ryan's recent trip to MetLife Stadium to see his favorite band, Oasis, reveals about the current state of the economy. Yes, even a rock concert can be an economic indicator! We dive into Fed Chair Jerome Powell's surprising pivot toward cutting interest rates this fall. What does this mean for economic growth and the stock market? Is this the fuel the bull market really needs to keep melting higher? Plus, retail investors are now responsible for 18% of all stock market trades—nearly double the amount of 2010, according to estimates by Sifma, a Wall Street trade group. Are individual investors becoming smarter, or are we seeing classic late-stage bull market behavior? We weigh in with our decades of experience navigating market psychology. And in our Financial Autopsy segment, we dissect a real-life financial plan to spotlight one of the biggest mistakes investors make: overloading on low-yield or declining cash flow investments. Income is king when it comes to financial independence—are you building your portfolio the right way today? Tune in for insights, hot takes, and actionable advice to help you build real wealth in today's market.
After a year of projecting confidence in America's "strong" and "resilient" economy, at his recent Jackson Hole appearance, Federal Reserve Chair Jerome Powell suddenly changed his tune.He expressed concern about the deteriorating labor market, saying the situation may warrant a resumption of monetary easing notwithstanding the potential inflationary risks of tariffs.This comes at a time when stocks are at nosebleed valuations levels, with the general public more exposed to them than at any time since the 2000 and 2007 bubble peaks.Are investors sleepwalking into an oncoming painful market correction here?To find out, we have the good fortune to welcome Danielle Park back to the program. Danielle is president and portfolio manager for Venable Park Investment Counsel, Inc, where she manages millions for some of Canada's wealthiest families. She's also proprietor of the daily financial website JugglingDynamite.comWORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#marketcorrection #housingmarket #bearmarket _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.
CBS EYE ON THE WORLD WITH JOHN BATCHELOR SHOW SCHEDULE 9-2-2025 GOOD EVENING: The show begins in the markets, watching Fed Chairman Jerome Powell prepare for the September 16-17 Open Market meeting. 1840 BANK OF LONDON FIRST HOUR 9-915 #MARKETS: LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS: Elizabeth Peek: Elizabeth Peek examines the persistent tension between the White House and the Federal Reserve, observing that Chairman Jay Powell's actions are often perceived as politically motivated. She attributes high inflation during the Biden years to belated rate hikes and points to a "bound up housing market" due to past low mortgage rates and current high rates, making housing unaffordable. Peek highlights the underestimated, rapid impact of AI, noting its widespread adoption (700 million weekly ChatGPT users) indicates genuine, impactful companies rather than a bubble. She also supports Trump's proposal for addressing homelessness via dedicated facilities. 915-930 CONTINUED #MARKETS: LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS Elizabeth Peek: Elizabeth Peek examines the persistent tension between the White House and the Federal Reserve, observing that Chairman Jay Powell's actions are often perceived as politically motivated. She attributes high inflation during the Biden years to belated rate hikes and points to a "bound up housing market" due to past low mortgage rates and current high rates, making housing unaffordable. Peek highlights the underestimated, rapid impact of AI, noting its widespread adoption (700 million weekly ChatGPT users) indicates genuine, impactful companies rather than a bubble. She also supports Trump's proposal for addressing homelessness via dedicated facilities. 930-945 EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN. Judy Dempsey: Judy Dempsey analyzes Europe's political instability, including a wobbly French government facing a potential no-confidence vote and President Macron's struggles with reforms, while the far-right National Rally prepares for snap elections. Germany's Chancellor Merz also faces domestic opposition to reforms balancing social welfare and defense spending. Dempsey warns about the rise of anti-Ukraine, pro-Russian, Eurosceptic populist parties across Europe, which pose a significant challenge to regional stability and Washington's foreign policy, despite calls for a European-centric military force. 945-1000 CONTINUED; EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN. Judy Dempsey: Judy Dempsey analyzes Europe's political instability, including a wobbly French government facing a potential no-confidence vote and President Macron's struggles with reforms, while the far-right National Rally prepares for snap elections. Germany's Chancellor Merz also faces domestic opposition to reforms balancing social welfare and defense spending. Dempsey warns about the rise of anti-Ukraine, pro-Russian, Eurosceptic populist parties across Europe, which pose a significant challenge to regional stability and Washington's foreign policy, despite calls for a European-centric military force. SECOND HOUR 10-1015 #STATETHINKING: @MARYKISSEL FORMER SENIOR ADVISER TO THE SECRETARY OF STATE. EXECUTIVE VP STEPHENS INC. Mary Kissel: Mary Kissel critiques China's military parade, labeling Xi Jinping's claim of sole WWII victory a "complete fiction" aimed at promoting a "new world order" and expanding influence. She expresses concern over India's presence at the Shanghai Cooperation Organization summit, viewing it as a potential move towards neutrality that could undermine US efforts to counter China's regional militarization. Kissel also attributes the rise of Eurosceptic, pro-Russian populist parties in Europe to the failure of mainstream political parties to adequately address citizens' economic realities, leading to cynicism and a challenge to US policy. 1015-1030 CONTINUED: Mary Kissel: Mary Kissel critiques China's military parade, labeling Xi Jinping's claim of sole WWII victory a "complete fiction" aimed at promoting a "new world order" and expanding influence. She expresses concern over India's presence at the Shanghai Cooperation Organization summit, viewing it as a potential move towards neutrality that could undermine US efforts to counter China's regional militarization. Kissel also attributes the rise of Eurosceptic, pro-Russian populist parties in Europe to the failure of mainstream political parties to adequately address citizens' economic realities, leading to cynicism and a challenge to US policy. 1030-1045 GAZA AND YEMEN: Jonathan Schanzer: Jonathan Schanzer reports on Israel's challenging but successful operation in Gaza City, which has neutralized key Hamas leaders and recovered hostages, significantly weakening the group, with only ten senior leaders remaining. He critically notes Qatar's role as a major patron of Hamas, not acting in good faith during hostage negotiations. Shanzer also highlights Israel's "remarkable operation" in Yemen, demonstrating enhanced intelligence capabilities against Houthi leadership, severely impacting the Iran-backed group. In Lebanon, efforts to disarm Palestinian camps and Hezbollah present a "generational opportunity" for the state to restore sovereignty. 1045-1100 LEBANON AND SYRIA: Jonathan Schanzer: Jonathan Schanzer reports on Israel's challenging but successful operation in Gaza City, which has neutralized key Hamas leaders and recovered hostages, significantly weakening the group, with only ten senior leaders remaining. He critically notes Qatar's role as a major patron of Hamas, not acting in good faith during hostage negotiations. Shanzer also highlights Israel's "remarkable operation" in Yemen, demonstrating enhanced intelligence capabilities against Houthi leadership, severely impacting the Iran-backed group. In Lebanon, efforts to disarm Palestinian camps and Hezbollah present a "generational opportunity" for the state to restore sovereignty. THIRD HOUR 1100-1115 #LONDONCALLING: @JOSEPHSTERNBERG @WSJOPINION Joseph Sternberg: discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity measures. He notes the UK is exhibiting "precrisis" signs with a weakening pound and rising long-term borrowing costs, reflecting a loss of investor confidence in its economic growth. Sternberg concludes that these major economies are too large for a traditional IMF bailout, implying they must address their fiscal challenges internally to avoid a financial crisis. 1115-1130 CONTINUED: #LONDONCALLING: @JOSEPHSTERNBERG @WSJOPINION Joseph Sternberg: Joseph Sternberg discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity measures. He notes the UK is exhibiting "precrisis" signs with a weakening pound and rising long-term borrowing costs, reflecting a loss of investor confidence in its economic growth. Sternberg concludes that these major economies are too large for a traditional IMF bailout, implying they must address their fiscal challenges internally to avoid a financial crisis. 1130-1145 Professor John Cochrane: Professor John Cochrane addresses the fervent debate over the Federal Reserve's independence, with critics from both political extremes advocating for more accountability. He points to the Fed's expanded activities since 2008, including "subsidizing Wall Street," and alleged missteps that contributed to inflation and a problematic housing market. Cochrane argues for a more limited Fed, focused strictly on inflation, to preserve its independence and public trust, suggesting that its broadened scope jeopardizes its core mission and credibility. 1145-1200 CONTINUED:Professor John Cochrane: Professor John Cochrane addresses the fervent debate over the Federal Reserve's independence, with critics from both political extremes advocating for more accountability. He points to the Fed's expanded activities since 2008, including "subsidizing Wall Street," and alleged missteps that contributed to inflation and a problematic housing market. Cochrane argues for a more limited Fed, focused strictly on inflation, to preserve its independence and public trust, suggesting that its broadened scope jeopardizes its core mission and credibility.. FOURTH HOUR 12-1215 GREGORY COPLEY, DEFENSE & FOREIGN AFFAIRS Gregory Copley: Gregory Copley discusses China's military parade, calling its claim of sole WWII victory a "breathtaking fiction" meant to boost the Chinese Communist Party's (CCP) collapsing credibility amidst widespread anti-CCP protests and a disrupted military. He highlights India's strategic aim for dominance in Central and South Asia, leading to its presence at the Shanghai Cooperation Organization summit, but not the parade. Copley also notes Europe's fiscal crises, exemplified by France and the UK, which face speculation of IMF bailouts due to political unwillingness to implement spending cuts and a growing reliance on the US for defense. 1215-1230 continued; Gregory Copley: Gregory Copley discusses China's military parade, calling its claim of sole WWII victory a "breathtaking fiction" meant to boost the Chinese Communist Party's (CCP) collapsing credibility amidst widespread anti-CCP protests and a disrupted military. He highlights India's strategic aim for dominance in Central and South Asia, leading to its presence at the Shanghai Cooperation Organization summit, but not the parade. Copley also notes Europe's fiscal crises, exemplified by France and the UK, which face speculation of IMF bailouts due to political unwillingness to implement spending cuts and a growing reliance on the US for defense. 1230-1245 CONTINUED Gregory Copley: Gregory Copley discusses China's military parade, calling its claim of sole WWII victory a "breathtaking fiction" meant to boost the Chinese Communist Party's (CCP) collapsing credibility amidst widespread anti-CCP protests and a disrupted military. He highlights India's strategic aim for dominance in Central and South Asia, leading to its presence at the Shanghai Cooperation Organization summit, but not the parade. Copley also notes Europe's fiscal crises, exemplified by France and the UK, which face speculation of IMF bailouts due to political unwillingness to implement spending cuts and a growing reliance on the US for defense. 1245-100 AM CONTINUED: Gregory Copley: Gregory Copley discusses China's military parade, calling its claim of sole WWII victory a "breathtaking fiction" meant to boost the Chinese Communist Party's (CCP) collapsing credibility amidst widespread anti-CCP protests and a disrupted military. He highlights India's strategic aim for dominance in Central and South Asia, leading to its presence at the Shanghai Cooperation Organization summit, but not the parade. Copley also notes Europe's fiscal crises, exemplified by France and the UK, which face speculation of IMF bailouts due to political unwillingness to implement spending cuts and a growing reliance on the US for defense. R
Sign up for the Jason Hartman University Event this coming September https://www.jasonhartman.com/Phoenix . Also don't forget to register for our FREE Masterclass every second Wednesday of each month at https://jasonhartman.com/Wednesday Jason welcomes Christopher Leonard, a journalist and author, primarily focusing on his book, "The Lords of Easy Money: How the Federal Reserve Broke the American Economy." The discussion centers on the Federal Reserve's policies since 2008, particularly quantitative easing and keeping interest rates at zero, and their impact on asset inflation, wealth inequality, and the real economy. Leonard also briefly touches upon his other books, "Kochland" (about the Koch brothers and corporate power) and "The Meat Racket" (about monopolies in the meat industry), highlighting his interest in powerful institutions and their influence on American society. The interview criticizes the Fed's approach under various chairs, including Greenspan and Bernanke, and explores the broader implications of concentrated corporate power and the need for structural economic change. #ChristopherLeonard #LordsOfEasyMoney #FederalReserve #EasyMoney #MoneyPrinting #QuantitativeEasing #InterestRates #GreatRecession #BenBernanke #NewDeal #WallStreet #Inflation #PriceInflation #AssetInflation #AlanGreenspan #DotComBubble #HousingBubble #DoddFrank #DefenseIndustry #MilitaryIndustrialComplex Key Takeaways: 1:31 Easy money: More dollars printed in 4 years 5:45 The Maestro 8:41 A policy of driving up asset prices 12:49 Sponsor: https://www.monetary-metals.com/Hartman 13:22 Levers and Operation: Twist 20:15 Quantitative easing 23:51 Jerome Powell and the need for more control over the FED 26:07 Cut from the same cloth, Yellen and Bernanke 32:27 Kochland and The Meat Racket and the problem with lobbying 35:06 Glass-Steagall vs. Obama Care vs. Dodd-Frank Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
In the latest episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, dive into a seasonally tricky September. They break down Fed Chair Jerome Powell's dovish stance at the Jackson Hole Symposium, the Fed's balancing act between jobs and inflation, the steepening yield curve, and why gold and international markets are worth watching. Despite short-term volatility risks, they explain why the long-term bull market remains intact.Key Takeaways:Jackson Hole Reaction: Powell leaned dovish, sparking a strong rally, but September cuts aren't a lock.Fed Outlook: Markets are pricing in six rate cuts by late 2026 — potentially a big tailwind.Home Equity = Dry Powder: Falling rates could unleash a wave of consumer spending power.Steepening Yield Curves: A global signal pointing to growth and inflation expectations.Gold Breakout: With its price rising for eight months in a row, gold can be a long-term hedge against volatile inflation and a diversifier beyond bonds.Inflation Risks: Broader services inflation remains sticky, keeping pressure on the Fed.Seasonal Weakness: September has historically been the market's toughest month, but optimism remains.Connect with Ryan:• LinkedIn: Ryan Detrick• X: @ryandetrickConnect with Sonu:• LinkedIn: Sonu Varghese• X: @sonusvargheseQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com#FactsVsFeelings #CarsonGroup #MarketOutlook #FederalReserve #Inflation #Gold #ETFs #EconomicUpdate #RyanDetrick #SonuVarghese
We open light... Amex perks, Saks talk, and Chris' infamous “no flip-flops” code—then slam straight into the heavy stuff: a President publicly leaning on the Fed to cut rates and targeting Governor Lisa Cook over mortgage-fraud allegations. Can a President remove a Fed official “for cause”? We unpack the precedent, the legal gray, and why Fed independenceactually matters. Plus, Powell's Jackson Hole comments and how a few words swung rate-cut odds—and markets—fast.➡️ Then we zoom out: what politicized monetary policy means for investors, borrowers, and the election-year economy. Finally, a sharp turn into tech: Apple's puzzling strategy (a thinner iPhone—really?) versus the real arms race—AI. We debate foldables, whether Apple will plug in third-party AI (ChatGPT or Google), and why the next big leap has to be usefulness, not just sleekness. Keywords you'll care about: Trump vs the Fed, Lisa Cook, rate cuts, Jerome Powell, Jackson Hole, Apple, iPhone, AI.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThere is virtually no inflation, the Fed predictions have not come true, energy prices are down, so why isn't the Fed lowering the rates by 2 to 3 points? ECB panics over Trump going after the Fed, their world is about to be destroyed. If Trump did not create the parallel system the country would be in a depression right now. The [DS] wants a war, it is part of the 16 year plan and they are trying to move forward with it. The EU has blamed Russia for the illegal problem, cyber attacks and now Ursla says Russia jammed her plane and she had to land. Scare Event will be necessary to have peace. Trump has now called out Big Pharma. Big Pharma gave Trump the covid vaccine results but has not shown the same results to the public, Trump wants them to be transparent. Did Big Pharma lie to Trump during covid to push their vaccines? Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); President Trump Calls on Judge Jia Cobb to Recuse Herself From Lawsuit by Fired Federal Reserve Board Member Lisa Cook After Sorority They Are Both Members of Releases Statement in Support of Cook President Donald Trump posted a statement Sunday night calling on U.S. District Judge Jia Cobb to recuse herself from presiding over the lawsuit by Federal Reserve Board of Governors member Lisa Cook challenging Trump's firing of her from the Fed last Monday over allegations of mortgage fraud. https://twitter.com/RapidResponse47/status/1962326210312016149?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1962326210312016149%7Ctwgr%5Ebf1a09094e9d30de8c0fd36bfbd472dd31c215bb%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F09%2Fpresident-trump-calls-judge-jia-cobb-recuse-herself%2F Source: thegatewaypundit.com Trump's Pressure on the Fed Poses a ‘Very Serious Danger,' ECB President Warns President Donald Trump's push to take control of the Federal Reserve could pose a serious threat to the U.S. and global economy, European Central Bank President Christine Lagarde has warned. It would be “very difficult” for Trump to take control of the Fed because he can only remove Fed governors if the Supreme Court finds them guilty of serious misconduct, Lagarde told France's Radio Classique on Monday. “If he succeeds, that would be a very serious danger for the American and global economy,” Lagarde said. Source: barrons.com Bessent: Trump May Declare National Housing Emergency This Fall Treasury Secretary Scott Bessent told the Washington Examiner on Monday that President Donald Trump might declare a national housing emergency this fall to address rising prices and dwindling supply. It would be the first national housing emergency since the Great Recession, Datoc reported, when the housing bubble burst as President Barack Obama was preparing to take over the White House from former President George W. Bush. Trump blasted Federal Reserve Chair Jerome Powell earlier this month for "hurting" the housing industry "very badly" as he campaigned for a reduction in interest rates. Trump has repeatedly urged Powell to cut interest rates while also sharply criticizing Powell.
2. #LONDINIUM90AD LIVE AT 6 PM ET SUNDAY: 8/31: GAIUS & GERMANICUS DEBATE: The Federal Reserve: America's Vestal Virgins and the Emperor's Reach. Gaius and Germanicus use the Roman Vestal Virgins as a metaphor for the American Federal Reserve, focusing on themes of trust, independence, and accountability to the "emperor" (the President). In Rome, Vestal Virgins were "contract keepers," embodying "trust" and "nonpartisanship," essential for the "Roman worthiness" of the state. They safeguarded the "eternal flame of Vesta, the goddess of the hearth," which symbolized the protection of Rome's identity and integrity. Initially, Vestal Virgins were independent of the Senate, with the Pontifex Maximus holding ultimate authority over them; upon becoming emperor, Augustus assumed this role, blurring the lines between religion and politics. The speakers portray the Federal Reserve as America's "Vestal Virgins," with the "almighty dollar" and the monetary system serving as the nation's "hearth". Gaius explains that the Federal Reserve was established in 1907 to address market failures, such as the one bailed out by JP Morgan. It only gained its "so-called independent" status through legislation in 1951, having been seen as a clear "function of the government" before then. Despite this perceived independence, they argue that the Federal Reserve is "not outside of the emperor and the emperor's reach". A recent "melodrama" involving a Federal Reserve board member (Cook) accused of misleading on mortgage applications, and the President's swift public response ("you're fired"), underscores the tension between the Fed's asserted independence and presidential authority. Germanicus clarifies that while the Fed's "independence" implies its decisions shouldn't be controlled "capriciously by the emperor," it remains "part of the state" and "under the purview of the emperor". Like the six Vestal Virgins, there are seven governors on the Federal Reserve, nominated for terms. The legitimacy and authority of such institutions, much like the Vestal Virgins, require a "superordinate authority" to ensure accountability. Germanicus critically views Jerome Powell's (the Federal Reserve chairman) consistent defiance of the President's desire for lower interest rates as "unwise" and possibly "personal," which he believes eroding public trust. He questions why Powell has not publicly addressed concerns about his leadership or a board member's alleged misconduct. The Federal Reserve Board, they point out, is not part of the "original constitutional system" laid out in America's founding documents, meaning its "independence" granted by 1951 legislation is not constitutionally embedded. The Federal Reserve, therefore, like the Vestal Virgins, remains "under the purview of the emperor". 1712 CAESAR #LONDINIUM90AD LIVE AT 6 PM ET EVERY SUNDAY: GAIUS & GERMANICUS DEBATE. FRIENDS OF HISTORY DEBATING SOCIETY. @MICHALIS_VLAHOS. PRODUCED BY CHRIS NOEL.
Federal Reserve Chairman Jerome Powell is continuing to allow Lisa Cook to have access to her office and electronics despite President Trump ordering her firing. It now turns out, the judge assigned to Cook's case against Trump, is a Biden appointee and sorority sister of Cook! You can't make this stuff up. And what happening with the criminal referrals of Tish James and Schiff, for also taking part in mortgage fraud?Guest: Roger StoneSponsor:My PillowWww.MyPillow.com/johnSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Bioptimizers https://Bioptimizers.com/toddEnter promo code TODD to get 15% off your order of Berberine Breakthrough today.Bizable https://GoBizable.comUntie your business exposure from your personal exposure with BiZABLE. Schedule your FREE consultation at GoBizAble.com today. Angel Studios https://Angel.com/ToddJoin the Angel Guild today and stream Testament, a powerful new series featuring the retelling of the book of Acts. Renue Healthcare https://Renue.Healthcare/ToddRegister today to Join the Renue Healthcare Webinar Thursday September 11th at 11:00 PST. Visit https://joinstemcelltalks.com or call 602-428-4000. Bulwark Capital https://KnowYourRiskPodcast.comBe confident in your portfolio with Bulwark! Schedule your free Know Your Risk Portfolio review. Go to KnowYourRiskPodcast.com today. Alan's Soaps https://www.AlansArtisanSoaps.comUse coupon code TODD to save an additional 10% off the bundle price.Bonefrog https://BonefrogCoffee.com/toddThe new GOLDEN AGE is here! Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.LISTEN and SUBSCRIBE at:The Todd Herman Show - Podcast - Apple PodcastsThe Todd Herman Show | Podcast on SpotifyWATCH and SUBSCRIBE at: Todd Herman - The Todd Herman Show - YouTubeSo, did Jerome Powell blink? He came out and said Trump was right about tariffs. Plus, what happens when the Government owns private companies? I don't like it. Zach Abraham joins...Episode links:What Fed must do now after Jerome Powell's Jackson Hole epiphany Powell's comments open door to September rate cuts as Treasury yields tumble #1 - President Trump announces the United States will take a 10% non-voting equity stake in Intel, part of a deal he and Howard Lutnick negotiated with Intel CEO Lip-Bu Tan.Bill Gates is back, not with a solution for the planet, but with a blueprint for control. He's assembled a cartel of the world's most powerful corporations—BlackRock, Microsoft, GM, Bank of America—under the green banner of his "Catalyst" fund.
MSNBC's Stephanie Ruhle joins Joanna Coles to unpack Donald Trump's power moves against the Federal Reserve's governors. From his campaign against Fed chairman Jerome Powell to saying he has fired Black governor Lisa Cook, the conversation reveals a president at war with the independent central bank. The two explore how Trump leans on Wall Street CEOs, demands loyalty over judgment, and pulls business leaders like Jeff Bezos and Tim Cook into his orbit as props in his economic battles. And Ruhle spells out why Wall Street's hair is on fire about New York socialist Zohran Mamdami but it should be ablaze about Trump. Hosted on Acast. See acast.com/privacy for more information.
President Donald Trump wants to control interest rates. To do that, he needs to control the Federal Reserve. So he's turned to a toady to dig up dirt on Fed governor Lisa Cook. This episode was produced by Rebeca Ibarra and Devan Schwartz, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Noel King. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. Transcript at vox.com/today-explained-podcast. President Trump mocking Federal Reserve Chair Jerome Powell at a recent event. Photo by Andrew Harnik/Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe D's are panicking, they cannot lose control over the Fed or worse have the Fed shutdown, which is going to happen. Trump is setting the precedent and he wants the court to make the ruling so there is not question of what authority he has. The Fed is trapped, no inflation, Trump is forcing them into a position that they will not be able to get out of. The [DS] is battling evidence that is coming out against them, the evidence is getting worse and they need to distract from this and keep the news cycle clogged with other stories. Every time news breaks against the [DS]/[D's] some type of event occurs. Trump is now exposing Soros. Soros funds the riots and antifa. Antifa mapping started a long time ago. Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/TrumpWarRoom/status/1960524710342746224 https://twitter.com/julie_kelly2/status/1960494829236052013 https://twitter.com/RepJasmine/status/1960343560756056539 Lisa Cook committed a crime and nobody is above the law You don't get special privileges based on the color of your skin NEW: Lisa Cook to File Lawsuit After Trump Fires Her as Federal Reserve Governor….Fed Says It Will Abide by Court Decision Lisa Cook is preparing to file a lawsuit after President Trump fired her as Federal Reserve Governor. President Trump on Monday evening fired Biden-appointed Federal Reserve Governor Lisa Cook amid mortgage fraud allegations. “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately,” President Trump wrote in a letter to Lisa Cook. “I have determined that there is sufficient cause to remove you from your position,” Trump added as he cited housing regulator Bill Pulte's criminal referral on Lisa Cook for mortgage fraud – specifically occupancy fraud. Source: thegatewaypundit.com What Fed must do now after Jerome Powell's Jackson Hole epiphany Last Friday in Jackson Hole, Federal Reserve Chairman Jay Powell finally – and grudgingly – admitted what the Trump team has been saying all along: tariffs don't fuel inflation. At most, tariffs create a one-time adjustment in prices, not the kind of runaway spiral that demands punishing rate hikes. And even that one-time bump may be negligible if, as we have long argued, foreign exporters – not American consumers – shoulder most or all of the burden. The implication is clear: whether the impact is zero or merely a one-time step-up in prices, there is absolutely no justification for the Fed to hide behind "tariff uncertainty" as an excuse for overly restrictive interest-rate policy. Soure: foxnews.com Political/Rights https://twitter.com/robbystarbuck/status/1960481691606376666 https://twitter.com/AsraNomani/status/1960407636446175597 https://twitter.com/libsoftiktok/status/1960714129783546232 FAILED promises. https://twitter.com/libsoftiktok/status/1960729811099308460 Obama Judge Says MS-13 Gang Member Kilmar Abrego Garcia Cannot be Deported Until At Least October
President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shift away from the independence of the central bank.Today from our friends at The Indicator from Planet Money: a short history of the Federal Reserve and why it's insulated from day-to-day politics; how the Fed amassed a ton of power in recent years; and a Trump executive order that took some of that power away.To access bonus episodes and listen to Throughline sponsor-free, subscribe to Throughline+ via Apple Podcasts or at plus.npr.org/throughline.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
After months of demands for lower interest rates, President Donald Trump is attempting to fire Federal Reserve governor Lisa Cook in the most dramatic step yet in his efforts to take control of the independent central bank. As WSJ's Matt Grossman explains, the move could allow Trump to alter the makeup of the board enough to potentially outvote Fed Chair Jerome Powell and recast the Fed in his image. Jessica Mendoza hosts.Further Listening: - Who Will Be the Next Fed Chair? Maybe Kevin- Why Trump Pushed His Tariff DeadlineSign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jerome Powell's Jackson Hole speech marks a major pivot at the Federal Reserve. Peter Schiff explains how political pressure from the Trump administration has forced Powell's hand, why stagflation is now undeniable, and what this means for gold, the dollar, and the future of the U.S. economy.This episode is sponsored by NetSuite. Download the free ebook “Navigating Global Trade: 3 Insights for Leaders” at https://netsuite.com/goldIn this Sunday Night Live edition of The Peter Schiff Show, Peter compares Powell's capitulation to the “mind right” scene in Cool Hand Luke, warns about the Fed's coming return to QE, and exposes the dangerous precedent of the U.S. government seizing a 10% stake in Intel. Schiff lays out why gold, silver, and foreign stocks are outperforming, and why the next phase of the crisis will be even more severe.00:00 Introduction and Opening Remarks02:15 Powell's Jackson Hole Speech: A Sober Assessment06:48 Trump's Pressure and Powell's “Mind Right” Moment12:02 Comparing Trump and Biden Economies18:37 Stagflation Confirmed: Weak Growth, Stronger Inflation24:10 Fed Policy, Employment Risks, and Inflation Mandate29:44 The End of Inflation Averaging at 2%36:50 Rate Cuts, Quantitative Tightening, and QE Ahead44:15 Market Reactions: Stocks, Bonds, and the Dollar51:28 Gold and Silver Surge vs. Bitcoin's Underperformance58:44 Mining Stocks: GDX and GDXJ Leading 2025 Returns01:05:37 Foreign Stocks and the Great Rotation Out of U.S. Equities01:12:52 Intel's 10% Government Stake and Rising Corporatism01:20:46 Investment Strategy: Gold, Mining, and Foreign Markets01:28:14 Conclusion and Schiff Sovereign UpdateFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/newsFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/books#federalreserve #stagflation #gold #inflation #dollarcollapse #economyOur Sponsors:* Check out Boll & Branch: https://bollandbranch.com/SCHIFF* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.comPrivacy & Opt-Out: https://redcircle.com/privacy
The Justice Department released transcripts and recordings of their recent talks with convicted sex trafficker and Jeffrey Epstein partner Ghislaine Maxwell yesterday. Federal Reserve Chairman Jerome Powell signals the Fed may start interest rates cuts soon. After nearly two weeks of stepped-up arrests and federal law enforcement presence in the nation's capital, many immigrants are afraid to attend church, worried they could be detained and deported.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy