Patriot Radio News Hour

Today show Joe talks about inflation, you know the transitory kind. 2% was the target.  It is not enough inflation; the Fed needs more. The Federal Reserve only has one tool in their toolbox. Plus, how much does it cost to transport a large shipping container? See omnystudio.com/listener for privacy information.

On today’s show Jason and Bryan discuss 911, IRS, taxes, COVID and more.There should be no doubt that you need to protect your wealth now and buy gold. Be prepared.See omnystudio.com/listener for privacy information.

New COVID variances continue to spread. Will California be the first state to return to mask mandates?  Olympics announces there will be no spectators. Remember you will get the vaccine whether you want to or not. Plus, Wells Fargo shutting down all lines of personal credit.See omnystudio.com/listener for privacy information.

California on the brink. The moral decay.  Defund the police, an idea that did not work. Lawlessness spreading across the Golden State. Is California the canary in the mine shaft for the US?  Plus, more cyber attacks, causing supermarkets to close. Power grids being stressed and tested beyond limits. Yields are not rising.   See omnystudio.com/listener for privacy information.

Live from Colorado.  Digging into the U.S. past to see what in store for our nations future,   See omnystudio.com/listener for privacy information.

Today the guys discuss gold inflation rising lumber costs and more. Live from Colorado. See omnystudio.com/listener for privacy information.

China has all but guaranteed that they will be the global superpower. Their goal is to dethrone a dollar and undermine it on a global scale.  Plus, jobless numbers going down, but still almost 15% unemployed six months or longer. Those people not paying in the Social Security and Medicare.  Plus, wages per hour are changing faster then gas prices per gallon.See omnystudio.com/listener for privacy information.

Oh if we could only hook up Jay Powell to a lie detector and simply ask him the question "Transitory… Really?"  Too much fiat money will lead to transitory hyper inflation. Don't believe the Fed.See omnystudio.com/listener for privacy information.

William Miller. Have you ever heard of this head of the central bank?  Joe takes a look at inflation in the 70s and how it correlates to the situation we are in today. Gold prices rise in the 70s, triples in early 70s then doubles again in one year. In the 70s the US leadership was a peanut farmer, now this leadership is a peanut head.See omnystudio.com/listener for privacy information.

Huge corporations CFOs are starting asking about inflation. Wages and costs will go up. It will hit us all as prices rise. The central bank pretends to be in control of inflation, but now even the fake inflation numbers they have been feeding us are not working out.  Plus raw materials for cars increased sharply.See omnystudio.com/listener for privacy information.

Fed governors come out and say don’t worry inflation is transitory. They say “lumber prices are going down”…only because homebuilders are not building.  How about those everyday items that you buy?  The chicken wing price is only the start. The Fed says inflation has only increased by 2%, in reality it’s probably more like 13%.  Central Bank only calculates using their “key“ indicators.  I.E New Math. 2+2=1See omnystudio.com/listener for privacy information.

Joe answers a listeners question about gold and the digital dollar.  It is amazing to witness how the Federal Reserve has the ability to downplay GDP numbers. Jobless numbers were decent, only because free money is still coming. Plus, used semi-truck prices have doubled in only two months.   See omnystudio.com/listener for privacy information.

Jay Powell  says there will not be a 70s style inflation. Joe agrees with Jay Powell!  Inflation will be much, much worse.  China was not a factor during the 70s inflation.  Joe breaks down today’s US debt versus what it was in 1971.  See omnystudio.com/listener for privacy information.

What has happened since the link between the US dollar and gold was severed by President Nixon?  Joe breaks down gold backed currency, gold confiscation, central bank, Medicare, Medicaid, food stamps and the Creature from Jekyll island. One of the great powers of gold is that it limits the government.See omnystudio.com/listener for privacy information.

The signs are all there cyber-attacks, lockdowns, nearly forced vaccinations, vulnerable power grid.  The digital dollar is on its way.  A massive consolidation of power is coming. The Central Bank is primed to take that power. The federal reserve note will be worthless.  Be prepared with Gold and Silver.See omnystudio.com/listener for privacy information.

Why does the Fed say they need .05% for a reverse repo?  Before The fed can stop raising rates they need to stop buying bonds. How many banks rule the world? Remember you are an unsecured depositor when you leave your money in the bank. Is there enough FDIC insurance?  If the bank goes under how quickly do you think you will be taken care of?See omnystudio.com/listener for privacy information.

Joe goes over what Jay Powell said yesterday.  Dot plot. Take it with a “grain of salt“.  When will the FED raise rates? What is Powell telling the banks that we don’t hear about?  The FED simply has no clue about what is going on.  Such a massive disconnect from realty. Plus, how does a cost of a new TV and child care equate?See omnystudio.com/listener for privacy information.

You may need to get your wheelbarrow ready. The dollar will be dead. Does it matter what Jay will say today.  Modern Money Theory. Simply a way for the Fed to make It up as they go along.  This is why you need to buy gold to protect yourself from the Fed, Banks, and Fiat money.See omnystudio.com/listener for privacy information.

Transitory inflation does not mean prices will go down.  Producer prices climb 6.6% last month the largest 12 month increase on record.  Jamie Dimon insists that the interest rates will go higher and faster than we previously thought.  Free money for not working has destroyed the middle class.    See omnystudio.com/listener for privacy information.

 “You’ve got the craziest mix of fiscal and monetary policy since the federal reserve board was created“ John says. The Fed buying bonds with money they just printed out of thin air. The Fed cannot taper.  This upcoming meeting could be the most important for Jay Powell.  Plus, you should be more afraid of Janet Yellen than Kamala Harris.See omnystudio.com/listener for privacy information.