Patriot Radio News Hour

It is shocking, but only Elizabeth Warren is pointing out the obvious. Insider trading. Criminals getting away with crimes otherwise known as federal reserve presidents. Where is everyone else CNBC, Fox, the Republicans!  Plus, the FED Coin, get ready for it to be deposited into your digital wallet. Central bank will keep track of your money for you.See omnystudio.com/listener for privacy information.

Why is there not a three strikes rule for banks? Wells Fargo would be out. Professor suggest that The Federal Reserve should set pay, set certain commodities even deciding who gets loans and who doesn’t.  It is the way to give the Federal Reserve ultimate power. The digital currency is preparing the US to rely on the government solely for its needsSee omnystudio.com/listener for privacy information.

Inflation needs to get worse before the Fed will do anything. Keep on raising that debt ceiling.  The amount of debt that we have acquired since the last economic downturn in 2018 is $25 trillion. Plus, the post office charging more for less. Get ready to pay a lot more for your Nikes.  See omnystudio.com/listener for privacy information.

China has just issued shutting down of factories due to energy crisis.  UK gas prices could be here soon. Natural gas price is equivalent to $200 a barrel oil.  Electric vehicle simply cannot work at this time, we don’t have the power infrastructure. Pork, the cheapest of meats, price increase to surge to all-time record highs due to herd shortage.  Of course it is just transitory inflation.See omnystudio.com/listener for privacy information.

Silver shortage. Silver got ambushed today. Supply shortage. Ports are stacked up and now asking government for money to unload freight. Not enough truck drivers to move product. Is it a shortage of truckers or a shortage of trucks?  China’s energy shortage. The power cuts have been going on longer than we have been aware of.See omnystudio.com/listener for privacy information.

Big banks can have rip off families, Big banks can have felony counts, but the Fed has never refused one of their charters. Criminals.   Federal reserves are “retiring” because of the distraction of… Well let’s be honest… Insider trading.  Plus, stores have toilet  paper, but everything is disappearing.See omnystudio.com/listener for privacy information.

China is starting to crack down on energy usage. This will cause even more major disruptions in the supply chain.  Do you think we have chip shortage is now? Will you be able to get that new iPhone 13?  Plus, Covid mandates cause crimes to rise as police refuse to take the vaccine.See omnystudio.com/listener for privacy information.

Is the inflation transitory? Yes, but it will never get back to what it was. At least 20% more of what it used to be. Shipping cost are hindering those Christmas presents arriving on time. Plus, Lake Powell at drastically low levels; and FedEx adds fee increases surcharge for fuel.  See omnystudio.com/listener for privacy information.

Jay Powell- taper to start - three rate hikes. It is amazing to watch the lies that he delivers with a straight face.  Plus, the overnight repo market. The Fed is not your friend.See omnystudio.com/listener for privacy information.

Jay Powell will be speaking today. These Fed meetings are just an elaborate show that makes it appear that the FED is concerned about the “little people“.  Break out the dot plot. Plus, housing troubles continue. PVC is now the latest issue.See omnystudio.com/listener for privacy information.

China closer to  capitalist than every. Wall street want a bail outs. Payments to low income families, for nothing other than having kids.  Will will all pay for it.    See omnystudio.com/listener for privacy information.

Are the dominoes falling in China? What happens if growth in China comes to an end.  What will the Fed say this Wednesday? Bitcoin down big. Supply chains, food, glass,  cardboard. Liquor shortage?  Jason buys freeze dried vegetables at seven dollars an ounce.See omnystudio.com/listener for privacy information.

Thousands of illegals housed under a bridge in Texas. Biden administration wants to make sure you don’t see it.  Shipping wait times at California ports are climbing. The cost will be passed directly to you. Get ready to pay more for everything.See omnystudio.com/listener for privacy information.

The guys talk about the current bank buybacks they are at an all-time high. Ray Dalio on bitcoin. He is basically saying what Joe has been saying, if it becomes relevant the central bank will crush it.  Plus, Michael Invest on the stock market crash. Also, China will not buy Tesla.See omnystudio.com/listener for privacy information.

Jeffrey Gundlach puts it in simple terms. What we are experiencing is not economic growth, it is just simply spending.  We sent our manufacturing to Asia because everything was an expensive.  Those days of cheap products are quickly coming to an end. Inventories are out of sync with history.  Rents are going up sharply in the months ahead. See omnystudio.com/listener for privacy information.

CPI report.  Does the consumer price index actually match up what the consumers are paying?  The 70s are back…inflation style.  It’s only transitory. Also, better order your Christmas presents now because shipping is going to take a while. The one truth that the Federal Reserve can’t admit is that they are lying.See omnystudio.com/listener for privacy information.

Biden, Yellen, Powell.  One is weak, one is ruthless and one clueless. Repo market, the big banks don’t like the debt that is out there. Junk bonds are bad bets as well. Our economic freedoms are at risk. Prepare now. See omnystudio.com/listener for privacy information.

The producers are saying that Jay Powell’s  transitory inflation is just not true. Shrinkflation,  less and less in your products, more and more the price increases.  9% inflation is really 24% inflation.  Fed official Mester says inflation could remain high this year before coming back next year. Transitory.See omnystudio.com/listener for privacy information.

Beige book breakdown, plain and simple,  shortages everywhere.  The  response to inflation is just don’t buy expensive stuff.  Chip shortage is increase your phone will cost more than you can believe.  Vaccine or else… That’s pretty much how the White House put it.   It’s all transitory.See omnystudio.com/listener for privacy information.

Joe and Jason discuss that Jay Powell is running out of rope.  Janet Yellen is one of Joe’s top worst people ever.  Will the IMF replace the central bank? Will China be ready to replace the dollar?  Plus, the guys talk about the White House is new energy policy.See omnystudio.com/listener for privacy information.