The David Knight Show - Tue Episode #1986: Deja Vu Disaster: Trump’s Tariff’s Chaos Echoes His Lockdown Insanity
Episode Date: April 8, 2025Trump’s Medicine Madness: 5 Years Later History Rhymes He shrugs, 'Take your medicine,' blaming 'stupid leaders' for jobs fleeing to Mexico and China. But wait—wasn’t he the mastermind b...ehind USMCA? It’s flaming hypocrisy as his flip-flopping tariffs spark an 'earthquake' of hidden damage—broken markets, shattered foundations, and a $37 trillion debt he won’t touch! Meanwhile, The chaos & uncertainty are more damaging than his “medicinal” tariffs as he locks down the economy Trump’s ‘medicine’, focused on countries not industries, are sanctions by another name—while the real enemy, government debt and control, lurks in the shadows Trump’s China War: Both Sides Escalate Sanctions Called “Tariffs" Sanctions are piling up faster than a house of cards—54% here, 104% there—Trump is poking the Chinese dragon From rare earth mineral shut down to supply chain chaos, this isn’t just a trade spat—it’s a trade war that could lead to a hot war. CDC Lies About Thimerosal & Autism Exposed Sheryl Atkinson exposes the government’s thimerosal fraud — YES, they knew it was connected to autism and other neurodegenerative diseases and NO, they did NOT stop it in 2001. Meanwhile, RFKj shows he’s perfectly suited to manage this gang of criminals as he ditches his own crusade to peddle MMR and push measles fear in Texas. Robot Horses, Unicorns, Dogs — But Humanoids Population Boom is Here to Replace YouRevealed at a Japanese trade show, a jaw-dropping, hydrogen-powered robotic horse straight out of a sci-fi blockbuster, promising to gallop over mountains with its four-legged, rubber-footed fury. Kawasaki may be trolling us with vapor-bot that’s 25 yrs in the future but Tesla and a Chinese company are in competition to each roll out an army of humanoid robots this year. Trump Meme Coin Tanks as Stablecoin Plot Threatens Your Privacy & Liberty Trump’s meme coin’s a $9 dumpster fire—88% gone in a tariff-triggered nosedive! Maxine Waters smells the stablecoin grift, but misses the surveillance state jackpot. UK’s BlackRock-backed “SovCorp” and America’s “GovCorp” Govt & Corporate fusion of power into a fascist nightmare. Trump, Trudeau, Starmer—all puppets in a globalist merger of government and corporations! Stagflation Storm Brewing: Will Trump’s Tariff Trigger the Shaky House of Cards Government Has Built?Dr. Jonathan Newman, Mises Institute Mises.org, on the fear of stagflation—a toxic mix of soaring prices and a crumbling economy From government overspending to the Fed’s reckless money-printing, Newman rips the veil off the real culprits behind our shaky economy. And, how do we train the young on economics and critical thinking? We look at Dr. Newman’s books for children, “The Broken Window”, “Ludwig the Builder”, “What has the Government Done to Our Money?”, the last available for free at Mises.org/MyMoneyIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.
Transcript
Discussion (0)
Music In a world of deceit, telling the truth is a revolutionary act.
It's the David Knight Show. As the clock strikes 13, it's Tuesday, the 8th of April, year of our Lord 2025.
Well, today we're going to take a look at some interesting AI and robot frauds, but
there is a massive amount of robots that are starting, are about to be unleashed against
us.
And it is truly amazing to see how this is escalating on a daily basis but we're gonna begin with take
your medicine that's what Donald Trump is telling people about the tariffs
isn't it fascinating how this keeps going back to what he did five years ago
and on the top of the Drudge Report as well as the top of Infowars, is a picture of Trump
with his needle.
Take your medicine.
Talk about that.
We also have an economist coming on who's going to talk about all of this, as well as
the possibilities of stagflation or something even worse.
And we're going to talk about his books about teaching economics to children.
That's right, it's the dismal science they say, but it doesn't have to be dismal.
We'll be right back. Well, I want to welcome the people who are on KICK, and as we pointed out, we're trying
to move from Rockfin to KICK, and it is a platform that is very good in terms of what
it gives the creators.
And we've had, for the love of the road,
has subscribed there and gifted 11 subscriptions.
Thank you very much.
Kick, RII Baba has gifted one subscription.
Question Everything has subscribed as well.
We need to have, there's some metrics.
What are they Travis, that we need to have?
So right now we're working towards
10 individual subscriptions.
So 10 individual people need to subscribe for themselves gifting subs still helps us and we appreciate it so much
But if other people could subscribe for themselves that would greatly help us and push us towards the next goal
Which is and these goals that we're setting up here or so that we can
Get you know some of the financial benefits of being on that platform, right?
We've already monetized, but this will help them verify
that we're a serious streamer.
I see.
And we'll be there and actually producing content
for a long time and show them
that we mean business basically.
So that'll help them push us out to more people
and give them more reason to promote us.
Hopefully they will.
Yeah, and hopefully they won't kick us off.
I asked Travis, I said, so you know, this is a platform that's going to be open. He says, well I've seen some
people say some pretty raunchy stuff on there. And I said, yeah, but raunchy is okay. Racist,
real racist is okay. All the rest of this stuff is okay. I said, but what about when you criticize
government policy? You're going to get censored. He said he's seen some people. I said, but, but what about when you criticize government policy?
You can get censored. He said he's seen some people.
I think we'll be okay.
The only thing I've seen people get banned for are actual crimes as you know,
they live stream themselves committing actual crimes.
Well, we won't be doing that here. Hopefully. Yeah. No crimes.
We got no crimes. Maybe some thought crime. That's it. That's it. Yeah, we got a lot of thought crime
That's we live stream here. Let's talk a little bit about Trump
he
took a question on the plane and
He says yeah, you're gonna have to take your medicine
You know they're asking him about the knock-on effects of this and a lot of people are talking about that
Asked on board Air Force one about the catastrophic market reaction to the announcement, Trump said this. I think your question is so stupid. I mean, I think it's a, I don't want anything to go down.
But sometimes you have to take medicine to fix something.
And we have such a horrible, we have been treated so badly
by other countries because we had stupid leadership
that allowed this to happen.
They took our businesses, they took our money,
they took our jobs, they moved it to Mexico,
they moved it to Canada, they moved a lot of it to China, and it's not sustainable.
We're not going to do it.
Now we have hundreds of billions of dollars that's pouring into our country.
On a monthly basis, it's pouring, it's already started because they put tariffs on it.
And eventually it's going to straighten out and our country will be solid and strong again.
They have to get the shot.
The vaccinations are so important.
And look, I guess in a certain way, I'm the father of the vaccine because I was the one that pushed it.
I pushed the FDA like they have never been pushed before.
I wouldn't exactly say they're in love with me.
Well, I think they are.
I think the pharmaceutical companies are in love with them.
They like
the FDA too, because you're free to do anything. Yeah. He didn't have to twist their arms too
hard. Look, but he did twist their arms. He did take credit for that. And you got to get
your shots. We had to have these stupid leaders who moved businesses to Mexico and Canada.
Wait a minute. Didn't you do USMCA? Yeah, that was you. You're so
stupid. You think we're so stupid, you think we don't remember what our stupid leader did.
You are a stupid leader. Well, as we look at all of this, as I said, the Drudge Report
at the top here, take your medicine. And there he is with the hypodermic
needle. And then, well, how is Alex spending this? He's got the picture there from Drudge.
He says, this is war. Well, he's right about that. He's just wrong about where the war
is coming from. The globalist-controlled media is trying to come after Trump. Is that what's
really going on, Alex? Come on. Trying to make the market
panic. I think Trump made the market panic. I think his capricious arbitrary flip-flopping
about tariffs that he's been doing for the last couple of months is even worse than his
rates. Even worse than his rates. His rates just capped it off and kicked off what Charles Hughes has said is essentially an
earthquake.
And he uses that analogy because he said, you know, you survive an earthquake, maybe
the building didn't fall on you.
You look around, you see some things are broken, some things are leaning, you got some broken
windows and you're like, oh, all right, good, we survived, the building survived.
He said, but what you don't realize is that there's some broken gas mains,
some broken water lines, foundations that have been shaken and destroyed, and that damage is
going to be showing very soon, and it's going to be knock-on damage. And the longer this earthquake
goes, the more it is shaken, then the more damage is going to happen.
It's not all immediately apparent.
But of course, it's just what Trump is doing is always beyond criticism.
And if anybody criticizes it, oh, you're coming after Trump.
It's not because what Trump is doing is stupid, like moving businesses to Mexico and Canada.
No, Trump never does anything stupid.
And if he does something stupid, people like Alex Jones will tell you, no, he didn't do
that.
He didn't do that.
He didn't do USMCA.
It's just, it's crazy.
Now this article from Yahoo says, even MAGA politicians and influencers are balking at
the turbulent economic response and hoping that Trump will willingly calm the markets
by renegotiating tariff rates that he announced last week.
Well, MAGA politicians and influencers, that doesn't include a lot of them actually.
No, it's just this collectivist mindset, this partisan mindset.
We're going to tax our way to prosperity and Japan should buy American cars.
That's the other thing he had to say about this.
We have a trade deficit with Japan and they're not buying a lot of our cars.
You should buy those cars because they're American.
I mean what's he want to do?
Is he want the Japanese government to buy the cars?
Because we're not making cars that the GM and Ford are not making cars that most Japanese
people want.
We're making, let's say, our most popular car is a Ford F-150.
You see a lot of Japanese people driving around in something like that?
With a steering wheel on the wrong side of the car for them?
I don't even know if that would fit down the streets in Tokyo.
That's the point, yeah.
You know, people in Europe and Japan don't buy pickup trucks like that.
But hey, you should buy it. If you don't buy it, that that. But hey you should buy it if you
don't buy it that's not fair. It's not fair. Well hey pal I know that you're not
much of a businessman you drove six casinos bankrupt but you know part of
this is giving people what they want not dictating to them what they want. But see
he doesn't operate like that he's he just operates by buying politicians who
then tell you you got to sell your home
to Trump because he wants it for his parking lot in his casino. And they tell the lady
that, the widow that, and then after he gets the house, kicks her out, he declares bankruptcy
before he finishes his parking lot. That's the way he operates. He doesn't operate in
a marketplace. He operates with corruption and graft and that type of thing.
And so, you know, you just, for your friends, you do whatever you need to do for the people
that support you.
And you just tell everybody else what they need to do.
And that includes the Japanese who should be buying our cars, even if we don't make
what they want.
They should still buy our cars.
This is also about thinking collectively.
It's collectivist thinking.
It's not just centralized control,
but it's collectivist thinking.
We don't care about what individuals want
in the marketplace.
We didn't care if people wanted to wear masks
or not wear masks or lock down or stay six feet apart.
No, you're gonna do it because of public help.
Japan needs to do this because of our public economy.
They need to look at this collectively. But beyond that, I think that what is really going
on is this focus on trade deficits which are not good. I think that this is the same thing
in a larger sense that RFK Jr. is doing at HHS. We've got a big problem with mRNA poison that is out
there. So what does RFK Jr. do? Well in order to get his position, he pledges to
Senator Cassidy of Louisiana, a Republican, and a vaccine prostitute. He pledges
publicly, oh I'm gonna promote the vaccines, and he does. He's down in Texas or wherever, I think it's in Texas, where he's feeding the fuel of this
measles epidemic narrative that is a media creation and pretending that a second child
has died from measles.
Now, I don't know if the second child has died or not.
I know the first child did not die. And so when they say a second child died, they are
already lying. And his own organization, Children's Health Defense, has debunked that lie about
the first child dying from measles. But he's down there, the second child is dead. And
if you want to be safe, you've got to get the MMR shot. And he's pushing, he's joined this push, right? The establishment
and the pharmaceutical companies want to revive the vaccine hesitancy because of the Trump shot.
And the way they do that is with a little measles epidemic,
claiming that people are dying because they didn't get the shot. And he's joined that,
epidemic, claiming that people are dying because they didn't get the shot. And he's joined that little parade so that you are distracted from the real issue, the
number one issue.
He's focusing on some minor problems so that you don't focus on the major problem.
He's going to talk about food additives.
He's going to talk about high fructose corn syrup, but he's not going to talk about the
mRNA genetic code injection.
Trump is doing the same thing economically.
He doesn't want to talk about the $37 trillion of debt, and he was throwing a temper tantrum
when Johnson didn't remove the debt ceiling for two years.
Trump doesn't want to do anything about the debt.
Forget about Doge.
Doge isn't serious about that anyway. I mean, we're nearly a billion dollars in our war against Yemen. Yemen, of all things. And he doesn't care
about the money. And he doesn't care about the deficit. He wants to kick the can down
the road for another two years. This is exploding. It began exploding under Trump. It continued
with Biden. Trump set us on a new
upward angle with all the nonsense exactly five years ago. And so he doesn't want you to see that.
He doesn't want you to see the government's deficit. And he wants to surreptitiously raise
taxes on you. So that's what this is really about. Don't look at the budget deficit. Look at the trade deficit. And we can tell you that the trade deficit is
there because we've got evil countries abroad. And then what he does is instead
of focusing on products or industries even, he's not doing anything to protect
America. He's not deregulating things. Instead, and he's not focusing even on
protectionism, what he's focusing on is other countries,
because what Trump is trying to do here, folks, is not save this country. He's
trying to start a global war. These are not tariffs. They're
sanctions. When you say on a countrywide basis, we're going to hit you with, you
know, punitive tariffs, or we're going to shut down your products,
or whatever.
When you do that, that's a sanction.
And that's the first step towards war, towards real war.
It's what has typically been done when you had city-states, and you had forts and palaces
and whatever.
You know, they would do a siege around the city, cut off all the supplies. That's the purpose of a sanction. It's initiation of war. And what
Trump is doing is sanctioning these other countries. He wants to have a war. He wants
to have a global trade war. And that global trade war, and Trump as an agent of chaos,
as a wrecking ball for the World Economic Forum in the UN,
wants to have a global war for this fourth turning so they can institute what they want
on the ashes.
That's where this is all going.
We can talk about the immediate effects of this.
We can talk about the economics of it, but folks, that's the big picture.
That's where this is going
Sometimes you have to take medicine to fix something said Trump well, you know, just a spoonful of MAGA helps the medicine go down, right?
And we have such a horrible we have been treated so badly by other countries not by our own government and its regulations and its
Taxations which taxation is going to go up, but that's good now. Republicans now say taxes are good.
They're an engine of creation.
And the Democrats have moved back a little bit from that position because it's Trump.
It's just like the vaccine.
You got to take your medicine, right?
Well, when it was Trump with the medicine, Trump with the Trump vaccine, everybody was
saying, we're not taking that.
Biden, la la, all the Democrats, all the media, I can't trust that, that was done by Trump.
Then when Biden becomes President, somehow it was immediately purified and immediately
safe and effective.
And you know, just like what happened five years ago, the initial lockdown and the emergency
declaration and all the rest of this stuff, that was preparation for what was going to
come.
The real pandemic, the shot, the real poison.
And folks, these reciprocal trade things, this nonsense created by AI, this formula, so-called formula.
That is just laying the groundwork for what is going to be coming here.
We've been treated so badly by other countries, said Trump, because we had stupid leadership
that allowed this to happen.
You know, we had stupid leaders like him who put auto production in Mexico and Canada.
Now we're going to do a rug pull on those people.
And you know, there's only so many times that you can do rug pulls and cry wolf and things
like that before people start, oh, wait a minute.
And that's the real issue right now.
Everybody is backing up and saying, I don't know what's happening here.
I don't know what the effects are going to be of these massive tariffs. And I don't know what's happening here. I don't know what the effects are going to be
of these massive tariffs.
And I don't know if they're gonna stick.
Is he serious about this?
Or is he just, what is going on with this?
And so you see everybody in a waiting position.
We've seen Volkswagen,
we've seen many other car companies abroad
have said, we're just going to stop at this moment
in terms of trying
to export cars to the US and see what happens.
We're going to put a 30-day pause on it.
Let's see what Trump is going to do because he has shown us for two months nothing but
capricious and arbitrary actions.
So nobody knows what is really going to happen.
That in and of itself, folks, is one of the most destructive things about this. That's even more destructive than the tariff rates. Everybody's afraid to
make a move. Nobody wants to jump into the stock market. Is he going to do something else? Is he
going to send it lower? Is he going to lock these in, or is he going to remove them? If he removes
them, then the stock market is going to go up. He might keep these things, keeps going down, whatever.
Nobody knows what to do because of his chaos that he has done.
That's the worst thing about all of Trump's policies.
He can't or won't make up his mind, and I don't think he wants to.
He thrives on chaos and conflict.
He wants everybody guessing.
He wants everybody in the world focused on him.
And he is not going to give us
a clear path forward. So, it isn't
other governments. It's our own government that has killed industry and opportunity.
It's our own government
that has put its boot on our throat.
It's our own government that has sawed off the lower rungs of the ladder of success that you can't do entrepreneurship. It's our own government
that has told people where to build factories and then pull the rug out from
underneath them. It's our own government. We've met the enemy. He is us. And look,
it's not all just Trump. This is a bipartisan thing. But he's made it even worse with a vacillation.
So he concludes with the, as he's chiding all these other countries and talking about
how wonderful taxes are as an engine of creation.
No, they are the power to destroy.
That is what they do.
They destroy.
Taxes destroy.
They don't create.
He says, some day people realize that tariffs for the United States of America are a beautiful
thing.
Now, let's talk about the truth of that.
Just change a couple of words.
Someday people realize that taxes from the U.S. government are a beautiful thing.
That's what he's saying.
These tariffs are not for the American people.
They are taxes for the American people. They are taxes
for the U.S. government. And it's a beautiful thing, right? Well, no, actually it isn't.
Don't you love huge government and huge deficits? That's what the taxes are for.
And so, at the same time all this stuff is happening, I said, you know, here we are five years, five years afterwards. And of course, the exact anniversary of when this all began was probably the 13th of March. I forgot that date because it came on Thursday.
I wasn't thinking about it. Gard Goldsmith reminded me on that Thursday, the 13th, hey,
this is a five-year anniversary of all this stuff. That's right. It began on a Friday and by the following Monday the 16th everything was locking down. Over the weekend
you had declarations from the governors of California and New York. They're ready to lock
people down right away and everybody else began to follow on with all of that. And so there's
multiple stories out there about the five-year anniversary of the COVID lockdown.
And I think it's appropriate for us to remember this. I don't see anybody connecting this really. I mean, they're getting pretty close when, you know, the judge report says, take your medicine,
right? These people know who ran this scam, even if the MAGA people in the MAGA press won't admit it. They know where this all began.
But people are not making the explicit connection to it. I think we should make that explicit
connection to it. And so we'll take a look at the all of this nonsense. The COVID superstitions. Their public schools are closed from March the 16th.
They closed in California, says this author here.
March the 16th, 2020.
They didn't open up until September 2021.
And that was, I told you that was going to happen.
As planned, as practiced.
They legally prepared for this.
They had the state laws put in place in 2001.
This is the other shoe of 9-11 to drop.
They had given the pharmaceutical companies legal immunity.
They were playing this same game with a mask saying you wear your mask for yourself.
I mean, not for yourself, but for the other people.
That's always the argument they've given for the vaccines.
So they were ready to roll this stuff out as soon as it was time for school to start so they could mandate it for children.
Playgrounds in San Francisco were closed until October 2020. Outdoor playgrounds
were closed for seven months. While open in the beginning, these were the rules in
the playgrounds. You could only stay for a half hour. No eating, no drinking water,
because two-year-olds would need to remove their masks to do so. A two-year
old. You know, you might get the
cooties if you stayed out there more than a half hour. So you can't stay in the park for more than
a half hour. And if you wanted to do any activities like climbing or something like that, you had to
get in the line, but you had to stay six feet apart. If your child was crying, you had to leave the
public park because they might spew droplets in COVID. Basketball hoops were boarded over. They stayed that way for well over a year,
some longer because they were forgotten about. And we've forgotten about that now, haven't we?
Skate ramps at state parks were filled with sand. Restaurants didn't open until September 30th.
Then they'd close again, then open again at the whim of the city's public health bureaucrats.
Kind of like the Trump tariffs, isn't it?
So much is the same.
Once the city's parks opened, people were forced to sit in chalk circles to maintain their distance.
This is what living under a dictatorship is like.
They said the dumbest thing, and then it got evil.
It began to be a see something, say something campaign.
People were encouraged to turn in their friends and neighbors
rather than suspected terrorists.
See someone entering a neighbor's home
that doesn't live there?
Text the number.
It's science.
It's science.
Yeah.
Text the number and you'll see the cops show up.
You got somebody from a different household that is mixing outside the park.
Well, text the number to somebody.
See some madness or a child playing in a playground with yellow caution tape around the swings?
Text this number.
And what happens when you text that number in San Francisco?
She said, well, a police officer who couldn't be bothered to help with a heroin addict who
is vomiting on your doorstep would be happy to interrogate you about who was inside your apartment and
ticket you if you dared to exercise beyond a one-mile radius outside of your home.
The citizenry of San Francisco took great pride in turning in their friends and neighbors
for a perceived violation.
She said, I learned that the vast
majority of people that I'd consider to be my people for decades would have been snitches
for the Stasi. Yeah, like that American woman who moved to East Germany because she loved
communism. Later on when they revealed the Stasi file, she found that out. All of her
neighbors were snitching on her to the Stasi. All of her friends, as
she thought. Well, this is what this lady found out. We turned into a Stasi society.
We turned into an OCD society. She says, as I've written extensively, my husband and I
resisted and shouted and raged about this from day one and we paid a heavy price. We
left San Francisco on February the 1st, 2021, a city that I'd lived in and loved for over 30 years. We lost friends.
I lost professional reputation as one of the best in the business, a reputation that I'd spent
decades building. Despite being right about all of this," she said,
my good standing has not been restored. That's right. That's right.
I can relate to that.
I won't forgive these psychopaths, pathetic cowards, and aggressive virtue-signaling conformists,"
she said.
Well, you can start with Trump, which she doesn't come after because this is brownstone,
right?
They're not going to be critical of Trump.
They don't want to commit suicide.
Hey, look, I fought the COVID wars, but I was careful not to blame Trump, many of these
people will say, right?
Because if they blame Trump, you want to see how much worse it's going to get if you blame
the guy who actually presided over it, the guy who bribed people to do all of this stuff,
both Democrat and Republican.
She said, now on the eve of the fifth year anniversary of the lockdown,
there is a book that is about to come out about how wrong it all was.
Sort of.
And the book is the case against Fauci.
She's not happy with that.
But look, you know, this is phase two.
Take your medicine.
Fauci's not there, this is phase two. Take your medicine.
Fauci's not there, but Trump is back.
Now history is rhyming again, isn't it?
Take your medicine.
So she said, in her view, the problem is we just focus on one person, Fauci, as if everything
else was okay.
But she sees some heroes in this that I don't think were
heroes, quite frankly. She said the authors themselves admit, they said the case against
Fauci, they admit that they were bleaching their groceries. Is there any indictment of
themselves or do they just train their ire only on Fauci? Well, that's what we're seeing
the conservative press do for the most part. They will not blame Trump, they'll on Fauci. Well that's what we're seeing the conservative press do for the
most part. They will not blame Trump, they'll blame Fauci. They will blame
Burks, they'll blame maybe Redfield, but now not Redfield, even though Redfield is
back and he's pushing bird flu lies. But the key thing is that now both the left
and the right are in agreement. You know, they were fighting over whether it was a
lab leak or whether it was bat soup or you or that kind of thing. Now it was a lab leak and so everybody wants to
say this is their alibi. It was real. We did the best we could but it was crazy. And that's
what she faults this book for. She said, well, she said COVID was not a one man problem and one-man problem. And yet nobody wants to talk about the guy who was running the
government at the time. The guy who funded it all. She goes through and says
David Wallace Wells with his New York Times piece just a few weeks ago called
the COVID alarmist said they were closer to the truth than everyone else. Were
they really? You know we saw the same thing from Scott Adams. Scott Adams at the very beginning of all this stuff said, these so-called freedom
lovers are looking like psychopaths. He said that when we were about two weeks or more
into it. And I replied to him at the time and I said, the so-called pragmatists are
looking like totalitarians. And then when all of this
stuff is over, Scott Adams, the Dilbert guy, again, I just, I never got it. I mean,
he doesn't have any insights that are funny. It's not funny. It's not
insightful. It's cartoon strip. And the guy is a full-on totalitarian. And he
comes back and goes, okay, you guys who are against
all this stuff, you're right, but you just got lucky. You didn't know why this is on.
No, I knew exactly why it was wrong because I had looked at what people had been doing
for 20 years. And so anyway, the, um, this guy from New York times said COVID minimizers
and vaccines skeptics.
But I think the funniest thing about the whole Scott Adams
thing is even when he admitted he was wrong,
his whole shtick was, oh, I was wrong,
but it's because I was too smart.
I wasn't thinking like an idiot would.
I was too smart to figure this out.
Oh, I just over thought it.
My brain was too big.
Yeah, yeah, too big. I. Yeah. Too big. Yeah.
I tell you what, it truly is amazing to see some of this stuff.
Um, I interviewed him once and he was saying about Trump and I thought it was a good insight that he had.
He said, you know, the reason that Trump won was that he made it about America.
Whereas Hillary Clinton, it was, it's, you know, it was her turn, right? I'm with her.
And Trump was saying, I'm with you. Of course he was lying, but that was
basically his messaging, and that was what Scott was there to talk about,
the difference between the two of them right after the elections. Like, okay,
yeah, that's true. But he's completely off base about everything else.
And so this guy, the New York Times, says that COVID minimizers and vaccine skeptics
now run the country's health agencies. Do they? I wish they were. No, we've got sycophants
boot lickers and we've got the syringe worshipers who are running this now. Look at R.F.K. Jr. He's now a syringe worshipper, right? He's now basically a
prick. He's out there talking about MMR. Oh, it's safe, it's effective, it's your
best defense against those deadly measles. Come on! Come on! And then her hero, Jay
Bhattacharya, right? He is also embraced the vaccines in MMR. And they're not
talking about mRNA. Why are these people heroes to her? I don't get it. She said,
the alarmists continue to insist that we need to do better next time, lock down
harder and sooner, and implement more censorship.
There's no apologies coming from them, and there's no accountability coming from the
right for any of these people.
It is simply a partisan cheerleading game.
Excuses for Trump.
And now he's going to play you again, and he began playing you again right away, day
after he's at Stargate.
Now mRNA is back, it's still your savior, and we're going to combine it with AI.
And then he does this sham of having Dave Weldon, a critic and a skeptic of this stuff,
who telegraphed that he was willing to subjugate himself to the vaccinators.
That wasn't good enough and I don't think that was ever the intention.
Clearly Dave Weldon was going to sell out just like Jay Botticharo and RFK
Jr. and the rest of them, but they wanted somebody who was going to push AI plus
mRNA and that was, you know, he was bait.
And then for the switch, we got an AI mRNA person.
So she said, the rest of us though, who push back against this, we are not uncancelled.
We are still heretics who may have been right, but you know, for all the wrong reasons, as
Scott Adams said. But then she
finds a glimmer of hope in Dr. J. Botticharo. No, I don't. I think he's another feckless coward
who kissed the syringe of power. Notably, at his confirmation hearings, he was not asked a single
question from the Democrats about his views on lockdowns. No. The purpose was to get him,
the purpose of the lockdown, of the confirmation hearings I should say, was to get these guys to embrace the vaccine. And the purpose of lockdown,
she's focused so much on the lockdown as she ignores the vaccine, the whole purpose of the
lockdown was to hold a gun to your head to get you to take the vaccine. Doesn't she see that?
She sees the absurdity of the lockdown, but she doesn't see the ultimate purpose of it.
It was blackmail, blackmail and fear, and that is what is still being sold.
So another article, five years later, what COVID taught us. Now this is from a Christian site,
and he's talking about what happened with the churches. But I would say
this, five years later, COVID didn't teach us anything. COVID didn't exist. What should
we have learned from Trump's medical martial law? That's the issue. And what should the
churches have learned about this? If anybody's going to stand up on principle, wouldn't you
think it would start at the churches? Wouldn't you hope?"
This person, Shane Adelman, said, "...it's clear many churches have either closed or
considerably shrunk in size since COVID-19 forced them to lock their doors."
No, that was Trump.
Trump.
And public health goons.
"...reasons range from churchgoers are still scared to return to they prefer watching
live feeds
a lot of these people were afraid of
the the disease that they were told was out there a
lot of people were not afraid of the disease, but they were afraid of the
Negative publicity or they were afraid of the police and the government
And so I agree with him. He says that this issue
runs much deeper. It really does. It comes down to the heart of it. And here's the issue.
These were zombie churches in the first place. There were whitewashed sepulchers, the dead
people inside that seemed to be alive. That's why they closed in the first place, and that's why they didn't come back.
So he says, we need to understand the churches and the pastors there are not CEOs running
a business.
We are watchmen who are there to warn a nation.
Well there were watchmen who couldn't see the Warner, who couldn't
see the army that was coming at the city. They didn't have the discernment to do anything
about it, or they didn't have the character to do anything about it. And that varied from
place to place. There's fear, uncertainty, doubt. Doubt in God is what it was, and lack of discernment.
He says when you lose intimacy with God, you lose boldness.
He said, but as Zechariah 1 says, return to me and I will return to you.
That's God. He said, the strength of your church lies in purity and spiritual power, not in its
numbers.
God doesn't need a majority.
He is the majority.
And we need to understand that as well.
Yes, everybody around us is losing it.
It's like that Rudyard Kipling poem, you know, if when everybody around you is losing their
head you can keep it.
But it's even bigger than that. When everybody around you is so afraid of death and so afraid of government,
that is the time that you need to understand that God is the majority, that God is on the
throne. He hasn't gone away. he hasn't left to come back someday,
to leave you on your own.
He's there, and he is on the throne.
And you have to understand that in this temporary life,
nothing is going to happen that he doesn't allow.
So we don't have to be afraid of that.
But when we come back, we're gonna take a look
at the current state of the tariff war, what is going on with China. You know, I said in the 2020 elections, I said,
if Biden wins, it's going to be war with Russia. If Trump wins, it's going to be war with China.
Well, we've had our war with Russia, still at war with Russia, by the way. I said, if we're unlucky,
we're going to be both of them. If we're unlucky, the war with Russia, by the way. I said if we're unlucky, we're gonna be both of them. If we're unlucky, the war with Russia is gonna continue. But here
we have Trump and he wants a war with China and that's what these sanctions
are about. Think of them as sanctions. If you're gonna put penalties against an
entire country, you're not doing this for revenue. You're not doing
it as protectionism. You're doing it as a political sanction. This is the beginning
of Trump's war with China. We're going to take a quick break and we'll be right back. The End I'm sorry. You're listening to the David Knight Show.
Hello it's me, Wlodimir Zelensky.
I'm so tired of wearing these same t-shirts everywhere for years.
You'd think with all the billions I've skimmed off America I could dress better.
And I could if only David Knight would send me one of his beautiful grey McGuffin hoodies
or a new black t-shirt with the McGuffin logo in blue.
But he told me to get lost.
Maybe one of you American suckers can buy me some at thedavidknightshow.com.
You should be able to buy me several hundred.
Those amazing sand-colored microphone hoodies are so beautiful.
I'd wear something other than green military cosplay
to my various galas and social events.
If you want to save on shipping,
just put it in the next package of bombs and missiles coming from the USA.
With China, as you know, against my statement, they put a 34% tariff on above what their ridiculous tariffs were already.
And I said if that tariff isn't removed by tomorrow at 12 o'clock, we're putting a 50%
tariff on above the tariffs that we put on.
Yeah, and as I said before, Biden, war with Russia.
Trump, war with China.
Trade war.
And both of their wars began with sanctions, right?
Biden began with his sanction,
and Trump is beginning with his sanctions.
Trump has threatened to slap an additional 50%
on all Chinese imports unless Beijing recalls its proposed retaliatory 34% levy. Now, let's understand the timeline here.
We had earlier there was a 20% tariff
put on China by Trump again because the emergency of fentanyl. And yes, there's fentanyl coming from
China, but it's not such a big emergency that Trump wouldn't get rid of those tariffs if they
would just let one of his billionaire buddies buy TikTok, right? So, you know, the emergency to
declare, he had to declare an emergency, whether there was one or not. He had to declare it so that he could say that I'm going to set all this
stuff arbitrarily by myself rather than having Congress do it.
So the whole thing about the emergency is a fraud, just like it was a fraud
five years ago about the COVID emergency.
And, you know, he did his thing on March the 13th on January the 31st, 10 days
after Trump was at world economic forum, he had his pharmaceutical head of HHS declare a pandemic when only six Americans,
they claimed, had COVID.
Anyway, so the emergency is a fraud.
But the emergency is there so that he can exercise these extra powers that are out there. Now, he
so he put the 20% tariff on about the fentanyl stuff. China didn't do anything
about that. They didn't retaliate with it. Then he came out and he
put an additional 34% on and China says, I see your 34% and I'll match this like a
poker game, right?
And that should concern us as well since Trump had so many casinos that went bankrupt now. He's playing poker with the Chinese
We might lose this game so
the So they put the 34% thing on but remember their total tariffs now that he's put on them is 54%
And now what he's saying is i'll put another 50% on them
He'll take it up to 104%
On everything that comes out of china
He's really poking the bear isn't he or the I guess winning the poo I guess
You know, you're talking about AI stuff. I went to an AI image program.
I said, show me a picture, do a picture of Xi Jinping and Winnie the Pooh clothing.
And I came up with a hilarious one with him and Winnie the Pooh pajamas.
Winnie the Pooh, I'll show it to you sometime.
Anyway, 34% tariff on imports from China on top of the existing 20%.
And so now they said, okay, now we're going to raise it 34% against you.
So the Chinese Foreign Ministry said it'll hurt the US itself as well as others.
Well, that's the case with every war.
A trade war is dangerous, especially this kind of trade war, because this is not even
about protecting particular industries. This is about going after one country. So it's
really not a tariff, it's a sanction. And sanctions are the beginning of wars. These
are punitive rates. So what was the situation with China? Was China, they've
taken advantage of us? Yeah, they have. And guess what? It's our leaders.
And it is the globalists who put them in that position.
Going back to Richard Nixon, who was actually the presidency being run by Henry Kissinger,
opening up China.
The globalists loved China.
They wanted to use it as their beta test site for depopulation, their beta test site for
technocratic surveillance police state.
And they've done all those things.
They have used them as their beta test site for global surveillance of everybody in their
country.
The biometric database associated with identifying people by face, by walk, by the rest of this
stuff and the one child policy and they did everything that the
globalist wanted and in return the globalist said okay well you know we're going to move our industry
there and we're going to tell the US and Europe and everybody else except for you and for India
we're going to tell them that the two most populated countries we're going to tell everybody else that the world is going
to melt down because of your activity. But the two largest populated countries, they're
free to do anything that they want. As a matter of fact, they don't have to clean up their
coal plants. They can make them as cheap and dirty as they want. They're opening up a half
dozen a week, literally, in China. So we're going to give you a monopoly on energy. You're
going to be able to generate energy so. You're going to be able to generate
energy so cheaply, nobody will be able to compete with you. You're going to have cheap
labor and all the rest of the stuff. Just do some of the things that we say. Create
the template and work this out, how we're going to do the biometric surveillance police
state and depopulation. But where were they in terms of the actual tariffs?
Well, I did a little bit of research, and it turns out that China's tariffs were between
5% to 70%.
That's a big range.
Why?
Because it wasn't against a particular country.
It was protecting certain industries.
Most of the tariffs were in the 10 to 25 percent range.
There are a couple of areas that they had selected that were there for political reasons that were
punitive, and that's the few that were in the 50 to 70 percent range, but the vast majority of them
were in the 10 to 25 percent range. And I think that that is the reason that they
didn't do anything the first time around, waiting to see what happened, because that's
about where most of their tariffs were anyway. I said, okay, he's using a phony justification
to get this emergency thing and now they put the 20 percent, but we're charging about 20
percent, so it works out. Then when he adds another 34%, they add 34%. And they've done something even
more damaging. Because, look, we buy way more from China than they buy from us. So
that should give us the advantage. And yet they've got something that we don't
have. Rare earth minerals, which are necessary for electronics, for battery
manufacturing and all the rest of the stuff that they're forcing us to have.
And so, you know, these, you know, you're going to put out tariffs by country, well,
those are sanctions.
And so what China has done is they've sanctioned minerals, Just like Biden sanctioned oil from Russia.
Said you're not going to be able to sell that oil. Well they said well we're not going to
let you buy these minerals that you need for the things that you want to manufacture. And it's not
just the U.S. They're doing this globally to everybody so that other countries will put
pressure on the U.S. South Korea which is getting hit with penalties in the initial round, I don't know where they
are in negotiations or anything, but they hit them with a 10% penalty even though they
have a zero tariff on the US and South Korea.
South Korea is also getting hit now with this embargo on rare earth minerals.
China is the world's dominant producer of rare earth
minerals for about 70% of the world's supply at the moment. China supplies roughly 60% of the raw
materials, but they supply 90% of the processing and refining capacity. China controlled 90% of
the market about a decade ago, but alternative suppliers ramped
up production and the Chinese retaliated for this infringement on their near monopoly by
setting record high production quotas in a bid to bring prices down and to bankrupt their
competitors.
This is monopolistic practices.
We see this out of Wall Street with the big box retailers and things like that.
They would come in and they could operate at a loss
and saw it with Blockbuster competing against all the small mom and pop
places and you know when we had the video business they would pick
one retailer and they would put
a big Blockbuster thing in front
of them and then operate at a loss until that person went out
of business and they would pick somebody else and do it.
They picked us to do it and we stayed in business because we'd focused on catalog titles instead
of new releases because I didn't like the garbage that it's a lot worse now than it
was in the early 90s when you look at what Hollywood is putting out now but we didn't
like it even back then.
So this is a monopolistic practice.
We're going to operate, we're so big and we're going to operate at a loss and we're going
to be able to subsidize this and this is what corporations in the US do.
They subsidize their losses.
Moderna operated for 10 years without a product.
Constant losses but they had support on Wall Street because it gave people happy
numbers, okay, happy scenarios. Oh, we got this new thing, it's going to cure cancer. Never did.
Never went to market, but they were still able to operate at a loss and of course Blockbuster
operated at a loss. They never made money after they were bought by Viacom, which are on Paramount,
CBS, other things like that. Never made money after that.
But they were there as a cat's paw for Paramount and for the Hollywood industry to shut down
the individual retailers.
And so, you know, they can operate at a loss.
That is a clear monopolistic practice, and that's what China is doing with the rare earth
stuff.
The export controls, they call it, well well they're sanctions sanctions against us after we
sanction them the sanctions pointedly excluded two rare earths neodymium and
prazodymium I've never heard of these things they definitely are rare earths. I look at the names of these rare
things and I was like what unobtainium is now on the list as well because you can't get it. They have abundant
supplies outside of China, so they didn't put that on there. But all seven of the rare
earths that were subjected to additional export controls are minerals which are primarily
supplied by Chinese sources. So what they're saying is there's
nine of them. They didn't put these two that other people have. They're not so rare that, well,
they're rare, but China doesn't have monopolistic control of it. But these other seven that they
have an effective monopoly, 90% of the processing and refining capacity, as well as 60% of the minerals themselves.
They put restrictions on those, export controls.
Chinese officials on Friday claimed the new controls are justified because these seven
minerals have dual use military applications and are therefore vital to China's national
security.
They'll always, all of these governments will always say, well, this is vital to our national
security.
So, South Korea, heavily dependent on the Chinese rare supplies for its electronics industry,
held a, quote, supply chain inspection meeting, unquote, on Sunday to assess the impact of
China's trade restrictions on rare earth metals.
These are the knock-on effects from what Trump has done.
And so South Korea is out there, you know, zero tariffs on American products, but Trump
hits them with 10%.
Then China says, well, we're going to not allow these rare earth minerals that you need
to go out as a retaliation against Trump because they can't really retaliate on the tariffs.
Since we are buying more from them, they don't buy that much from us.
The South Korean Trade Ministry said at the meeting that it believes the government can
provide and private stockpiles are sufficient to last for six months on two of the seven
restricted rare earths, while manufacturing processes can be adjusted
to reduce consumption of two others.
Okay, well that's four out of seven.
What happens with the other three?
No word about that.
This is gonna have a big effect, big effect.
Now, in Australia, Australian mineral companies there
are expressing optimism on Monday that
they could benefit from China reducing its supplies. Remember, as China was starting
to get competition from other places, why they do? They upped their production to make sure these
people were swamped out and couldn't survive. So now, if China drops its production, there's
an opportunity for these Australian mining
companies.
Australian refiners were already making plans to cut into China's huge share of rare earth
markets so Beijing's export controls could give them the money and the opportunity that
they need to execute those plans more rapidly.
And just on a side note here, Australia, like the UK, a couple of countries that we had a trade surplus with,
they bought more from us than we bought from them on a country by country basis.
And yet Trump still hit them with 10% tariffs.
So this is, again, it is just insanity.
Charles Hugh Smith said, after the tariff earthquake, and I talked about this earlier, you know, the fact that he sees this as a good analogy. Trump used the
analogy of, well, you know, you had surgery. He likes this medical stuff,
right? I guess he's been talking to Bill Gates a lot. Take your medicine. You've got
to get this shot. It's really going around. Trump likened it to surgery, said,
yeah, the patient may be in shock,
but the patient is healing.
I think it's a better analogy is
kinda like he drove his car into ours.
And people are injured, some of them are in shock,
and he doesn't care.
He doesn't care.
So Charles Hughes said, no, the real analogy is an earthquake.
And again, you know, are we okay?
What's left?
And so forth.
And okay, these, okay, that building is still standing, but it may not be standing because
there may be follow-on fires that come.
Foundation may be destroyed, that type of thing.
He said the initial assessment of an earthquake is off the mark as much as the damage is not
immediately visible.
As reports then start coming in of broken infrastructure, fires breaking out, realize
that the immensity of this damage and the rising risk of conflagration, uncertainty,
and rapidly accelerating chaos reign. See? And so again, we come back to Trump's chaos
and the uncertainty over the tariffs. And now we've added even more. That's why the
markets are so sick. There's even more chaos and uncertainty because nobody
knows if he's gonna stick to this, if he's gonna change it. How do we make
plans? Let's just shut everything down and wait to see what he's going to do.
It's an economic lockdown.
It rhymes with what he did five years ago.
He said the key parallel is that the damage is often hidden and only manifests later,
parallel to the earthquake.
He said water mains may have been broken on the surface, foundations may have cracked,
though structures look undamaged and seem to be safe. They're closer to collapse than we can imagine, and the structural damage
is hidden. Is that what's happening to us economically, that we're closer to collapse
than people can see? That the damage remains hidden? What was considered to be rock solid
and safe is revealed as vulnerable in ways that were poorly understood.
The tariff earthquake exhibits many of these same features.
Much of the damage has yet to reveal itself.
Much remains uncertain as chaos spreads.
Like an earthquake, this economic damage is systemic.
Both infrastructure and households are disrupted. The uncertainty itself is a
destructive force. And we've had two months of this capricious vacillation that has prepared
us for this. He said, when you look at the Ring of Fire, the areas where they have earthquakes
in Asia, another parallel there, but he says earthquakes can trigger other events along the dynamic
intersection of tectonic forces.
And so as we have this earthquake with China, this trade quake with China, what do they
do?
Well, then they restrict rare earth minerals.
Now we've got an earthquake going on in South Korea.
It's spreading.
So he said, the same way the tariff earthquake is unleashing economic reactions across the
globe, anyone claiming to have a forecast of all the first order and second order effects
of the tariff earthquake will be wrong.
It is impossible to foresee the consequences of so many forces interacting.
Fires have been ignited that are not yet visible. And the economist who is very famous for the black swan meme, and has been, he's always
very bearish, he's always very pessimistic, but he's usually right when he speaks out.
He came out yesterday and said that this is just the beginning.
This is the first wave, the first shock.
He said when all this is done, he expects the stock market
will have lost 80% of its value. Gone. So, you know, what do you do about this? Again,
it's going to affect the infrastructure. You've got to look after your house. One of the things
that you can do to kind of prop up your house is to make sure that it's got a lot of metal
in it, maybe, huh?
Go to David Knight dot gold and get gold and silver, whatever it's a.
Silver was even, I mean gold was that silver was down and gold even went down yesterday. I don't know what it did today, but
everything has gone down.
Bitcoin has gone down even more. The stock market has gone down way more. And I don't know percentage-wise, I think Bitcoin went down more than the
stock market did. But gold was hanging in there. Yesterday it dropped from, it was
up around and staying in the 3100, 3000 range. Yesterday it dropped down like
29-something. But again, the fundamentals are still the fundamentals. And just like we're talking about with the the hopium about Trump and crypto
that sent gold lower last fall, I think it's a buying opportunity, frankly.
The fundamentals have not changed. We still have, even though nobody's
talking about the budget deficit, even though nobody's talking about the budget deficit, even though nobody's talking about the cumulative debt of $37 trillion, it's still there.
Now everybody is talking about the trade deficit, which is just under a trillion dollars, and
nobody's talking about the $37 trillion worth of debt.
And nobody's talking about what's going to happen if some people like JD Rucker are out there saying,
well, this is a genius part on Trump because he's going to hurt the economy, he's going to drive us into recession,
and the Federal Reserve will be forced into lowering interest rates.
Great. Well, what happens with that? Inflation. What happens with gold during inflation? It goes up.
This is why people run to real stuff when things get really bad.
And it's why, whatever they do, with $37 trillion in debt, just trying to lower the interest
rate on that debt isn't really going to help much.
The debt is the issue.
And the debt is there because of government spending.
It's not there because of trade barriers abroad
So it's not just a stock market that's in trouble by the way
You know to get gold and silver David Knight dot gold take you to Tony Arderman
I should mention that Tony always has supported the show and he's got a great program for people
You want to gradually start accumulating? I don't know anybody else that does things like the Wolfpack
for people, you want to gradually start accumulating. I don't know anybody else that does things like the Wolfpack. You can start at $50. You can go up to what was it? The sigma level was like $750, I think,
or something. And that can be per month or it can be a one-time thing. And so he's got that. Of course,
he can also get you gold or silver, anything that you want to put it in. You look at a lot of people
losing a lot of money and
the pension plans and things like that, you can set up a gold or silver IRA and he can help you
with that as well. So it's not just the stock market that's in trouble. It's going to be
supply chain chaos as well, just like five years ago. This is reason. That's their headline.
It's not just the stock market that's in trouble. Trump's tariffs vaporized $6 trillion in value from the stock market in just two
days of trading last week. Now, a lot of people said it's been $10 to $11 trillion since he
took office. But that was just a two-day thing. $6 trillion.
Here's the bad news. That's not the end of the bad news, says Reason. The big hit from Trump's tariffs probably hasn't even arrived yet.
It's going to be that aftershock.
The stock market is not the economy.
It's an aggregated indicator of what investors think the economy will look like in the future.
Right now they think it's going to be bad, really bad.
You know, isn't it funny how Trump was always boasting about the stock market?
That was his metric of success.
I'm not talking about it now, is he?
In addition to crashing Americans' retirement accounts and wiping out huge amounts from
American companies like Apple and Nike among the biggest losers in Friday's route, Trump's
move will soon raise taxes.
Is that good?
Wreck supply chains? Did you like that when he did it
to us five years ago? Make basic goods more expensive or difficult to obtain.
Hey, gotta take your medicine. Gotta get the shot. Because I say so and I've got
an agenda and it doesn't involve anything that's good for you. It's what
my buddies and I, what they've told me I need to do.
So even if you aren't affected by the stock market sell-off, you'll feel the effects of
the tariff before long. And just remember, if you're feeling upset and if life is tough,
just take a spoonful of MAGA. It'll help the medicine go down. So first the tax increase. He said,
Trump's tariffs will reduce the average household income by nearly $3,800 this
year because a lot of things will get more expensive. Secondly, there'll be the
supply chain chaos. Ryan Peterson is the CEO of Flexport. That is a tech platform
that helps companies with global logistics. He reported last week that 28% of the companies in their system are pausing all ocean freight
bookings from Asia until there's more clarity on where the tariffs will end up.
You see, more clarity.
We need clarity.
There's uncertainty.
There's chaos.
Nobody knows what he's going to do at any moment.
So everybody's just stopping.
In Asia, they're stopping.
The European car companies are stopping. You got Mercedes, you got BMW,
VW. They're going to merge. Call it VW instead of BMW. I don't know what BMW is doing.
But I know that VW and Mercedes are putting everything on pause and so are
the quarter, well 28% of the companies in his system are putting it on pause. What is
going on? I don't know. Let's wait and see what he's going to do. That's going to wreck
things. Just that uncertainty and the pause will wreck things.
Even if some American companies are willing to pay the tariffs to keep the supply chains
flowing, they may not be able to find importers and shipping services right now because everybody
says, well, we're just going to wait and see what Trump is doing.
That in and of itself is a lockdown.
He's locking us down this time with what?
Fear, uncertainty, and doubt, just like he did with COVID.
The COVID thing wasn't real. It was fear, uncertainty, and doubt. And he's doing the same thing again
now, except now it's based on supposedly fixing the tariffs. When before it was supposedly
based on fixing the bat soup disease or whatever it was. A trade war triggered by Trump's chaotic tariffs
is the same kind of aggregate shock as the COVID crisis but worse, says a
professor of economics at Northwestern. Take for example morning coffee.
Americans consume 1.6 billion pounds of coffee last year. But the US only produces 11 million
pounds annually. And all of it comes from Hawaii. Okay, so we got something of a coffee deficit,
don't we? Well, we should punish those countries that have coffee. That's the story right there.
But he's not even doing it on an industry by industry thing.
However, America exports a lot of coffee.
Even though it doesn't grow it, we refine it.
Remember we were talking about the rare earth minerals.
China has 60% of the rare earth minerals, but they do 90% of the processing.
Well, we do a lot of the processing of coffee, even though we don't grow it.
And the companies that process it then export it.
Well, what's going to happen with them?
You see how it screws up and throws a monkey wrench into the supply chains, exactly like
his fear, uncertainty and doubt hit five years ago. He said, so coffee drinkers are screwed and the coffee exporting
companies that employ American workers are screwed even more. He said, now repeat this
process for every one of the industries because everything is distributed. These people have
set up a distributed global system of supply chains and Trump demands like
a temper tantrum that you fix it right now. Right now. We're not going to get
out of this gradually. No, it's gonna be done right now because I've got to have
the credit for it. Well, he's gonna get the credit for what's gonna happen here.
Not from, not from his, the Trump sucker media that's not going to give him credit.
They're sucking up to him.
Whether or not the menu of tariffs causes a recession remains in question, but it will
slow down growth," said Jamie the Demon, CEO of JP Morgan.
The quicker this issue is resolved, he said, the better because some of the negative effects
increase cumulatively over time and would be hard to reverse.
This is one of the reasons why we don't need to discount what somebody is saying because
we disagree with them like 99% of the time.
They can occasionally tell you the right thing.
I mean we've got Ursula Fond of Lying at the EU and she's telling us the truth about this chaos.
We got Jamie the Demon at JP Morgan. He's telling us the truth about this.
But there's a lot of people out, well that's coming from so-and-so and I would never believe anything they say. You know, well we had
James Clapper exposed for spying on Americans. That was Senator Ron Wyden. That's the only time he's ever done anything right.
He exposed that. Everything else Ron Wyden has done is absolutely wrong, but you look at it on an issue-by-issue basis.
It's just like the media that you listen to. Don't discredit everything because it comes from a particular, you know,
paper or something that's got a political bias that you don't share.
you know put a paper or something that's got a political bias that you don't share and
Don't believe everything because it comes from a paper that has a political bias that you share with him
So he says
This is reason still he says Trump seems to be unswayed
That's right. Take your mandated medicine
It's safe and effective, whether it's the Trump shot, the genetic
code injection, or whether it is the Trump tariffs. You can be assured, because Trump
said so, that it is safe and it is effective. I don't think this is going to be safe and
effective medicine for the economy.
The U.S. stock market has closed lower after Trump's latest tariff threats. After he threatened to crank his
tariffs higher even yesterday against China, it went even further down. We have
the EU. Again, this is Ursula von der Leyen, who says, okay, well, let's do the
zero-for-zero. We stand ready to negotiate with the United States. Indeed, we have
offered zero-for-zero tariffs for industrial goods, as we have offered zero for zero tariffs for industrial goods as we
have successfully done with many other trading partners because Europe is
always ready for a good deal so we keep it on the table but we are also prepared
to respond through countermeasures and defend our interests. Yeah okay so
there's your threat and again it, it is country by country.
You know, when Trump was talking about the tariffs on cars with Japan, this is what he
had to say.
You know, I spoke this morning with the Prime Minister of Japan, and we had a very good
conversation.
They're coming.
And I said, one thing, you're going to have to open up your country, because we sold no
cars, like zero cars, in Japan, and they sold millions of cars into our country.
They don't really take our agriculture, a little bit of it, just to keep us slightly happy,
but they don't take what they're supposed to be taking.
So we have a great relationship with Japan, we're going to keep it that way,
but they're coming in to meet, and other countries are coming in.
Yeah, you know, the whole thing about agriculture, yes, that is one of the big things that we put out, but a lot of countries have said
we don't want your agricultural product because of GMO or because of glyphosate
and when you talk about the Japanese car companies that I mentioned, you know, I
remember like I said the other day in the 70s, well we're gonna sell them
Cadillacs, everybody wants a Cadillac, right? Well, not in Japan. They didn't. They were real gas guzzlers. They
had the steering wheel on the wrong side of the car for them and on and on. We don't care
about their marketplace. We've got people who don't want glyphosate in their food and
don't want GMO food and they don't want left- hand drive cars and all the rest of the stuff.
Well, we don't care.
It's American.
You need to buy this and if you don't, we're going to punish you as a country if your consumers
don't want to buy the American products when the American products have nothing but contempt
for their consumers.
And of course we've seen that in spades haven't we with the DEI stuff.
We've seen Coca-Cola hating white people.
We've seen NASCAR doing the same thing, you
know, being anti-racist and all that. I mean, they come after their own customers with contempt.
And so, when we're talking about other countries, we see the contempt in the products that were
not designed to sell into the Japanese market. It's like, well, we sell these things in America, everybody ought to want to buy it, because
everybody thinks like, well, no, everybody doesn't think like Americans.
Americans sometimes want something different than other people do and vice versa.
We need to remain calm and respond in a way that deescalates.
The stock market right now shows what will happen if we escalate straight away
Said the European officials that was actually a Dutch trade minister
His name is actually clever
We could use some of that cleverness here shouldn't we we need to de-escalate we need to stay calm stay calm
That's what I said on Monday the 16th of March.
I started it with the signs, stay calm and carry on, right?
Keep calm and carry on.
And also the one that doesn't get as much attention, liberty is in peril, defend it
with all your might.
Those are the slogans that they came up with as the Battle of Britain was about to begin. And it was a real threat, unlike COVID. That was a real threat. And they said,
keep calm and defend liberty because it's in peril. Right? Well, that's not what we're
getting now. You've got the Dutch Trade Minister saying, let's go slowly. And if only they
would have done that with Ukraine. Right? But Ukraine is ultimately about money.
You know, the war is about money for the EU and these military industrial complex.
All the wars are banker wars, and it's the bankers and the corrupt politicians that benefit from all
of these wars. So it's an economic thing. The EU Commission has proposed a 25% tariff on US goods
in response to Trump.
But they're going slow.
They're saying they're not going to roll these out
until the middle of May.
So they're giving Trump a month and a half
to change his fickle mind.
And hopefully, that will happen.
But if it doesn't, and they're also throwing out the carrot, say, well, let's go to zero
tariffs.
And that's what the Mises Institute does.
And I read that and said, well, why doesn't he offer this instead of jacking things up
to match what they're doing?
Why don't you say to them, let's both go to zero?
Well, that's now what the EU is saying,
it's now what Trump is saying. Again, of all things, to see that Ursula von
the Flying is more reasonable on this particular issue than any of the
Americans. The EU Commission is proposing 25% tariffs on US goods in
response to Trump, but again they are waiting until the middle
of May and they put on the table, well we'll go to zero if you go to zero. And
so it's going to be on a range of American goods in response to tariffs on
steel and aluminum. And notice again that it's on American goods, it's not
necessarily on everything coming from America.
This is, you know, they're not doing it
the way that Trump is doing it.
So we're gonna take a quick break.
When we come back, we're going to go to a different topic.
I wanna talk a little bit about what's happening
with artificial intelligence.
And we've had a couple of interesting things
that have been put out.
Robotics is starting to really explode
in a lot of different ways.
Not just robots that can be your maids.
Like the Jetsons, who are about to get our flying cars
and our robotic maids.
But I think that's gonna be for the people
who can afford them, not for most of us.
Most of us, they're working on how they can take
everything away from us,
including our jobs and factories. Before we take a break, I just want to
say thank you to some of the people who have subscribed on Kik. Papa C. Tack has subscribed
on Koalimos360 has gifted a sub. Thank you very much. And Paper Castle, they've all gifted subs. And so Travis
says he thinks we're now eight subs from the goal. That's right. And we thank you all for the gifted
subs, but Kick is looking for us to have 10 individual people subscribe for themselves.
Yeah. So if you would head over to Kick and give us a subscription, that would be wonderful. We
would really appreciate the support. And of course, that's mainly for people who are on Rockfan. If you want to go to kick from Rumble,
that's fine too. We're still going to be staying on Rumble and we appreciate the support there.
And we've been building that. We don't want to just kick that to the corner either.
And on Rumble, Militan Milankovic, thank you for the tip. He says, and he's now a supporter on Rumble
and he gifted five subs on Rumble.
He says, please like and share and let's help David get on editor's picks.
Yeah, Rumble is a bigger platform, and if we can get your help on that platform, that
gets our visibility up there, that helps us as well.
And Rumble has been reliable now.
We went through a couple of months there, we had issues with them, but they've been reliable now for about four or five months in terms of the tips and things
like that that we get in terms of paying it. So we're not kicking rumble to the curb at
all.
On Kik, Angry Tiger. Good to see you there. And good to see you on kick. It says, the carnival barker put out a tweet yesterday saying inflation is gone.
I didn't see that one.
And he's bringing billions back to the US with tariffs.
He then went on to say how he wants to lower the interest rates, which means a weaker dollar,
which means more inflation.
He's destroying the economy.
You're absolutely right, Angry Tiger. And he's got the Angry Tiger report, which
is heavily on economics, not exclusively. But you're absolutely right. And when we look
at this, you know, oh, we're going to lower the interest rates. Well, that's going to
be inflationary. And he's not really, in spite of all the nonsense about Doge, he's not really
cutting the budget deficit. They're not going to cut the budget deficit unless they do something about the warfare state and the
welfare state. And they're not really doing that. So on kick, Contagion Hoax says,
I feel that we're gathered with God here. Thank you, David. Matthew 18 at 20, where there's two
or three gathered in my name, there I am in the midst of them.
Yes, thank you. And thank you to all of you. I appreciate all of you
who support and who gather and we do have a great community in a lot of different places.
On Rumble, on Rockfin, and I think that we can have a good community on Kik as well.
I want to put all my eggs in one basket.
So we wanted to have Kik in addition to Rumble
because it's just too, I've been canceled too many times
in too many different ways.
On Rumble, KWD68 says, all the factories
are opening this week.
All is good.
America's in a golden age.
Just a little medicine for a big, beautiful Trump age.
Yeah, that's right.
Look at the bright side.
Everything's getting better and better every day.
And for me, in a lot of different ways, that is true.
We're going to take a quick break and we will be right back. The End I'm sorry. Analyzing the globalist's next move.
And now, the David Nuts show. You are committing thought crime.
Turn off this broadcast now.
You are committing thought crime.
Turn off this broadcast now.
Commit thought crime.
Oh, look at this. Is this a new sci-fi movie? Well, yes, actually it is a new sci-fi movie,
but it's also supposedly a new product from Kawasaki. A rideable horse robot. We've got
to replace everything. We've got to replace humans, need to be robots, dogs need to be
robots, horses need to be robots. Who need to be robots, horses need to be robots.
Who are they going to sell these products to if they replace us all? Yeah, this is
Kawasaki Heavy Industries has shown off a bizarre concept for a rideable
four-legged robotic horse. They call it Corleo and it runs on a 150cc hydrogen
engine. Does that hydrogen engine exist yet? Hmm, I don't know.
Better question is, does the robot exist yet? I saw this on the internet and everybody was saying,
I'll believe it when it's not CGI or AI, you know, and it's not integrated like that.
And it turns out that with the exception of like about one second, Corleone,
except for about one second, it was all CGI.
Now a lot of people say that, I don't even believe that's what it is.
And we've seen a lot of that now with AI generation.
I've seen, and there's some pretty cool looking cars actually,
talking about bringing back a classic car or something.
And they have AI do an updated design on some classic,
like a Mustang or a Thunderbird or something like that.
You know, here's the new design,
and it's all just them doing that with AI.
And that's really what I thought this was.
And I was surprised to see that it was actually introduced
by Kawasaki at a Japanese trade show.
A horse that looks like a gigantic wolf in our opinion could traverse uneven terrain
thanks to its four independently moving limbs.
Videos almost entirely computer graphics and to show what something like this might be capable of.
It's got rubber feet or something to help it grab rocks so it can
climb like a goat, supposedly. Well, here's the kicker. Kawasaki says their target
date for it was 2050. Are you kidding me? This is the biggest vaporware I have ever seen in my life in terms
of a tease. They're going to tease a product that's 25 years in the future? And then of course you had
a lot of other people saying, okay, well here's the features of these two things as advertised.
Here's a horse, a real horse on the one side and here on the other side is the Corleio.
horse on the one side and here on the other side is the Corleone and you know stuff like my horse can get fuel everywhere my horse misses me when I'm
gone you know things of that sort I like the dog stuff as well but we have seen a
lot of rideable robots being introduced so far nothing at all coming close to that, at a Chinese expo.
And the last year they had a four-legged robot that was Xiaoping Motors. They said it was
a rideable unicorn for children. It didn't look anything like a unicorn. It's just a
four-legged thing that a kid could sit on and it's got a globe like a unicorn. It's just a four-legged thing that a kid could sit on
and it's got a globe for a head.
I don't know how you get a unicorn out of that.
Also a giant minivan-sized rhinoceros-like
four-legged walking robot
that can carry up to four passengers.
Again, I didn't say anything like a rhinoceros about it.
It was just this large body that was there for four people and it's like, you
know, the walking robots from Star Wars or something like that. So Kawasaki also showed
off a concept for a futuristic modular train passenger system. They call it Alice. Alice.
And I guess everybody is wondering in Wonderland when any of these things are
going to be real. But robotics is moving pretty quickly. And the humanoid robotics are moving
very, very quickly. As a matter of fact, the big thing now that all the robotics companies
are pushing, and a lot of videos put out in the last couple of weeks about the fact that they are taking
the humanoid robots into natural walking.
And here is a video that shows the difference between – I think this is a figure if I
remember correctly – and they show their previous walking robots that walk with the knees bent, you know, and, and now they
walk in a more natural gait. Um, still looks like somebody's just had a hip operation, but
not, it doesn't look like somebody who needs a walker, uh, to walk. So here's the evolution from,
uh, as you're going to watch this, I'll narrate it right now we're looking at the back. So here's
a comparison. This is the old way. This is the Biden walk. Knees are bent, very tenuous. Now it's
walking a little bit faster and almost fully straightening out the knees when it takes its
steps. It's a simulation compared to the way it walks. And here's a
bunch of them. Isn't this great? This is what the sidewalk's gonna look like.
Because humans are gonna have to be locked down. You know, it's gonna be
some pandemic or something, or they just don't want us out. They'll lock us down
and keep us in our apartments playing virtual reality games. And that's what
the streets gonna look like. I have robots walking all up and down the streets.
Don't you just love, that is figure,
don't you just love their planned future?
I think it's time for us to go Amish on these people.
But there is a, talking about trade wars, there is a big
trade war that is happening in the robotics industry.
Global arms race for humanoid robots has officially begun, and the battle lines are being drawn
right now.
On one side, Elon Musk's Tesla Optimus.
On the other, China's AGBOT, a startup you may not have heard of yet, but one that's
moving at terrifying speed.
And here's the shocker.
Agibot plans to deploy a 5,000-strong humanoid robot army this year, directly challenging
Tesla's dominance.
This isn't just competition.
It's an all-out war for the future of robotics, and the winner could dictate the rules of
automation for decades to come.
A Chinese robotic startup has just announced plans to build up to 5,000
humanoid robots this year. That's not just a random number. It's a direct challenge to Tesla's
Optimus project, which set the same target for its humanoid robot production. We're now seeing the
beginnings of a serious robotic showdown between some of the biggest tech players in the world.
Yeah, and who can take, who can replace the humans most quickly there?
I thought it was kind of interesting that they call the Chinese companies called Agibot.
Kind of reminds me of Karen on her mother's side is Italian.
She talks about agita, you know, heartburn, you know, agitation or something like that.
And it's kind of my feeling when I look at these robots, I get agita.
So I think it's appropriate that we would call it Agibot.
Five thousand of them.
You're going to have that company was founded by a Huawei engineer, very young engineer,
a genius who won some kind of a competition
or something like that.
And just for fun, he created a robotic dog and somebody showed a picture of it on social
media or something like that.
And all of a sudden he just got flooded with offers of investment capital for people.
Perhaps that was coming from Xi Jinping, I don't know.
But any company that's there is going to have it.
But they're now going to try to manufacture
as many robots as Elon Musk is doing.
And as the guy who has the figure robots said,
I think it was the figure robot guy,
said, hey, if we had whatever number we could make right now,
doing these functions that we already show,
we've got customers out there who will take them.
They are more than willing to replace you. See, it's not,
you're not going to be replaced by migrants coming across the border.
They're pulling people for the most part. You know, there's,
there's people coming in that were
doing agricultural work and things like that and doing it cheaply, slave labor.
But the slave labor is going to be replaced, you know, the cheaper labor that is coming
in is going to be replaced by robotics. And one, when you had Howard Lutnick, who was on with Margaret Brennan on Sunday, and
I played the part there where she was repeating what Saturday Night Live had done.
She didn't really have any understanding that she could challenge Lutnick on all this.
He just laughed it off.
You know, you made up these numbers.
Did you use artificial intelligence? And these numbers aren't really anything
that has to do with any tariff rates. She didn't pursue any of that because it was
obvious that she didn't have anything more than a Saturday Night Live
understanding of those issues. But later on, he's talking about how we're gonna
bring all these factories in and she did interject and she said, yeah, but in those
factories you're gonna be using robots. He goes, yes, that's true. But the key
thing is that the people who be owning those factories will be, you know, people that are with
us. That's really what this is about. It's about Trump and his technocrat friends owning the
robotics factories and they're not about creating jobs for you. Not at all. Well you'll
never guess what happened to Trump's meme coin after he announced his tariffs. It
was as the Buddhist would say karma. Trump's eponymous meme coin is now worth
worth less than ever. It's nearly worthless, but it's worth less than ever.
In the wake of his tariffs finally being launched, less than 24 hours after he announced the
long anticipated reciprocal trade tariffs, his Trump cryptocurrency value dropped to
a meager $9 per token.
What is that about? I mean it was at one point it reached a
peak of $75. It's now lost 88% of its value from that peak. Well the it's at a
new all-time low. Remember it was only launched about 10 weeks ago. When you
talk about volatility, I wonder how he likes that volatility in his meme coin yeah he probably does because people like him and people like
Lutnik thrive off of volatility and the stock market and probably off to off of
the crypto stuff as well they can pump and dump this is what Katherine Austin
Fitz is talking about all this crypto stuff it's there to pump this up and
then to dump it.
We should be very concerned about Trump's so-called Bitcoin reserve, which is not really
about Bitcoin either.
He pulled in a whole bunch of other stuff now.
We should be very, very worried about that.
Everything Trump is doing, folks, is designed for economic collapse.
He's picking right up where he left five years ago. So,
it was introduced just before he took office and it pumped up really fast for just a day or two.
And it's been going down, but it really tanked after he put out his tariffs. The tariff announcement
came just after news broke that the Trump coin would be unlocking
40 million tokens, or about 20% of its locked down supply, later in April.
Theoretically, that should have generated the kind of buzz that would drive its value
up.
Instead, it didn't make a blip.
Again, it was at a high of $75 at one point, now it's down to $9, 88% off.
It's on sale.
Hurry up and go get it right now.
So in the UK, we talk about how they want to have a merger of government and corporations, which is the textbook definition,
folks, of fascism. I mean, we're not talking about Elon Musk's salute, whatever he meant
by that. We're not talking about that at all. Fascism is the merger. Economic definition
of fascism is the merger of corporations and government.
Usually accompanied by populism and also by nationalism,
but that's really beside the point
when we look at what is happening with the technocracy,
and it's not just in our country.
This is a global thing.
And the UK, the labor guy,
and again, do you see the connection just like with the
COVID stuff? It didn't matter if it was Trump or Trudeau, they're both going to do the same
thing during the COVID stuff. Well, now it doesn't matter if it is Trump or the labor
guy Keir Starmer. They're going to do the same thing when it comes to replacing government with private corporations.
And so the goal is to do this globally and just like COVID, this was about economic warfare,
the World Economic Forum, and it was about corporate control by the technocracy.
In the U.S., Curtis Yarvin and all of his
disciples like Keele and Musk and all the rest of them, they talk about
GovCorp, right? GovCorp, like government corporation. In the UK, they're talking
about sovereign corporations or SovCorp. Same thing, slightly different name, but it's the same thing. So how is it that your
American populist nationalist is on the same page as a British socialist, Keir Starmer, greenie,
okay, it's because those are just things that they put out there as red herrings so that you don't see what
they're really about. They're all on the same page, whether it's Trump or Trudeau
or Keir Starmer, they're all on the same page and they're going to roll things
out in about the same amount of time. The UK has deregulated 74 special economic
zones and 12 free ports which are not strictly regulated, allowing for a
potential misuse of state aid
to favor corporations.
The manner in which the UK is implementing these enables corporations to self-regulate
and to gain significant influence over the public sector."
In other words, they're going to let them become their own sovereign unity, because
that's the whole point.
They want government to be a corporation and they want corporations to be government. That's the singularity that they're looking at and
Just as they've got a transhumanist singularity, they have a political singularity as well. We emerge government with
Corporations and it's gonna be difficult. I think for Americans to see this because they have been trained for so long on
This bipartisan stuff.
Talk about all the time how libertarians and conservatives will always make
excuses for government and blame every problem on,
for corporations and blame every problem on government. Right.
And then the Democrats will always blame the corporations for everything
and say the governments can
do no wrong.
Well, that's not the reality in which we work.
And I've been saying for a long time the problem with these entities, I mean, if you have a
pure free market and you've got individual actors, which you're only going to have if
you've got thriving small businesses, the big businesses are about creating monopolies. They don't like
corporation. Competition, I should say, they don't like competition. Competition to them
is an evil. Rockefeller said it. Peter Thiel said it. We have to eliminate competition.
At their heart, all of these big guys are monopolists. And of course, that's the big
problem with the government is that it's monopolistic in what it does. So if you want to have decentralization,
diversity and economic activity, you can't have everything owned by one entity.
The problem is is that the corporations, the big corporations have merged with the
government and that's what is a blind spot for libertarians and conservatives
and for socialists and communists as well at the
grassroots level.
You know, they're still thinking in this bifurcated paradigm that's out there that is not what
we're seeing.
They're merging.
Sovereign corporations and government corporations are merging.
And so the UK government now, backed by Keir Starmer's Labour Party is partnering with corporations like BlackRock.
They are socialist in their orientation and yet in application what they're doing is fascist
in the same way that the Chinese Communist Party is fascist in its economic orientation
and also in the fact that it's hyper-nationalistic. Communist Party is fascist in its economic orientation.
And also in the fact that it's hyper-nationalistic.
You have a merger of government and corporations in China, and it is also highly nationalistic.
And yet they call themselves Communists.
Oh wow, I don't see what's going on there.
It's a cloak.
And so here you have Keir Starmer, Labour Party, Communist Party, Green Party, whatever
you want to call them.
The Green Party is nothing but watermelon Marxism, like I said, is a thin veneer of
green, but on the inside it's all red.
It's all communist.
Red is a color of communism, except for the MAGA people who have adopted that as their
color.
It's just they'll do anything.
They just haven't got a clue. Anyway, Black Rock
is going to be working with Keir Sarmer, the Labor Party, the biggest of the corporations,
and he's going to be granting Black Rock significant powers and paving the way for
the privatization of the UK. Look, this has been happening for a long time. It's just now it's out
in the open. Instead of them doing backdoor deals, you know, hey I give you money for your election and so forth
and then you know you you deregulate things for me. Now it's out there in front
of you and sold to you as something that is good and something that is necessary.
Well we're gonna take a break and we're going to come back, we're going to talk a little bit about do no pharma. And I didn't have a chance to get fully into this
yesterday. The fact that we've had some very good research that's been done by Cheryl Atkinson
talking, going back and finding the connection between the vaccines and autism, especially
with mercury, aluminum and things like that and
The lies that they all told us that they took the thimerosal the mercury out of the vaccines in
2001
No, they didn't and Cheryl Atkinson has
Got to the bottom of that does some really good work on that. We're gonna take a quick break
We'll be right back. We do though. We should thank the people who have subbed on Kick.
Yeah, I was gonna do that when I came back. We'll be right back. So So So You're listening to The David Knight Show.
And yeah, I need to go to a break quick.
I needed a drink of coffee, so.
I jumped the gun.
Yeah, you're right.
We do need to thank the people on KIK.
On KIK we have Jess Morrow has subbed and so has a Syrian girl onto Kick.
Trucker Christ for the win has gifted a sub to Knights of the Storm.
Sorry, it was Chris, not Christ.
Okay.
Well, Christ is for the win.
I mean, that wouldn't be a good – it was Trucker Chris for the win.
I'm sorry.
And that was a typo.
That wasn't my mistake. That was Travis's
on kick. Dustin D. Helm has gifted a sub. Thank you very much, Dustin. Appreciate that to Mikey.
And on Rumble, Hedge88 says, the function of government is to raise suffering to a much higher
level. That is absolutely the way that it works, isn't it? On rumble, Gondalf the Rogue says, Father of the Vax, I don't care about the prices
of things.
I care that he has killed millions and bragged about it.
Yes.
And ultimately, that's what this is really about.
Why would we trust him after he did that?
And it just infuriates me to see people making excuses for him, people playing the
partisan blinder gang game and blaming everything on Biden, for example.
Yeah, Biden should be blamed as well, but it's not all Biden's fault.
Just like it's not all Fauci's fault.
And the guy who presided over it when it started was Trump and he continued to boast about
it and he continues to lie to you saying
that he saved millions of lives when he killed millions of people and destroyed
many millions tens of millions more globally globally the shot that was sent
around the world by the way Travis said we now stream on kick as well so yeah
we've that's why we've got people who are subscribing there.
Okay. Let's talk a little bit about the vaccine. RFK Jr. again, embracing the MMR vaccine,
telling people it's the most effective way to stop measles spread. Record switch in just
two months doing this. And he's doing it in Texas with the GOP that's there.
And not only that, but he's hyping the fear.
He's going to, he's attending a funeral of a child that they say is the second child
to have died, except we know the first child did not die from measles and his own children's
health defense told us what really truly happened with that.
It was
not measles. So again, as I said yesterday, if it is that rare then can't we just
ignore it? Because that's what they do when you talk about the adverse effects
and people who die from the Trump shot. That's rare. We're just gonna ignore it.
Or people who are harmed by their antibiotics. Oh, that's rare. We're just going to ignore it.
Or people who are harmed by their antibiotics.
Oh, it's rare.
I don't care.
Well, this is the story from Sheryl Atkinson.
The government misled the public on thimerosal,
and it's linked to autism for decades.
And they're still lying to us about it.
They falsely claim that it has been removed from the vaccines
when it hasn't. So special investigation by Cheryl Atkinson,
saying the government has misled us for decades. She linked it to autism, to neurodevelopment,
and also looks at the false claims that they have removed it from the childhood vaccines.
The U.S. government in this story, story by the way is on Children's Health Defense
Who's still telling you the truth even though their creator
Rfk jr. Has now capitulated and has now joined the dark side
The US government has long told the public that thimerosal a mercury based vaccine preservative ingredient
the public that thimerosal, a mercury-based vaccine preservative ingredient, poses no harm to children but that out of an abundance of caution the ingredient hasn't been used
in childhood vaccines since at least 2001, which is not true.
And by the way, as I pointed out, when I tried using contacts back in the 1970s or 80s, I
would put the cleaner that had thimerosal in it, put that in my eyes and
my eyes would immediately turn blood red.
Can you imagine injecting that into your body?
Well, according to a special investigation by Sheryl Atkinson, these claims are false.
Atkinson, that they have, that it's not connected to autism, it is.
That they stopped putting it in vaccines in 2001. They didn't.
She described them as part of a, quote, concerted propaganda campaign to mislead the public,
unquote. She said that government agencies and the mainstream media medical establishment
for decades promoted a contradictory narrative about the toxic chemical mercury. They misled the public about thimerosal's known
and possible harms, actively worked to discredit anyone
who questioned its safety.
Thimerosal is still used in some vaccines today,
including vaccines that are labeled
as thimerosal-free vaccines.
How does this happen?
Well, you know, when we look at the MRNA shot, we
have tremendous amount of contamination with DNA and other things like that that are in
that vaccine. And you had the Florida Surgeon General, Latipo, and others have said, this
needs to be taken off the market. it violates your own rules at the FDA
well everything is a violation of the rules Trump bragged about how he got the FDA to violate their
own rules I remember when that happened you had Scott Gottlieb had already left to go to Pfizer
and Han was there and I remember that was in the fall in the lead up to the election.
Trump was very angry about that and he said actually it was it was well I
think it was right after the election I don't think they they okayed it until
right after the election anyway I remember he went public with it and so
the FDA guy he said I told him you do this now or you're fired and so he did it he approved it and then he was able to get a position with
Moderna but when you look at the contamination that is there they violate
their own rules and has been shown over and over again the Florida Surgeon
General said that but they will not pull it off the market, even though it is in violation of their rules.
And so would you have a situation where you've got thimerosal in vaccines and they label
them as thimerosal-free?
Yes.
It's probably some trick that they play and say, well, if it's less than a certain percentage,
we'll call it thimerosal-free.
And so some kind of a legal prevarication that lets them get away with this.
Cheryl Atkinson's investigation shows evidence that linked thimerosal in vaccines to neurodevelopmental
disorders, including autism, and that has existed for decades.
She went back and she found the transcripts of the scientists that were talking about
this and government agencies as well as others.
It also exposes an intentional project to rewrite the scientific narrative around thimerosal
and mercury to hide that link from the public. So the CDC as well as Children's Hospital of Philadelphia, a key source for the vaccine
industry propaganda, and it has been Children's Hospital of Philadelphia is heavily promoted
by Google for vaccine propaganda, says Children's Health Defense.
And of course, others besides them in the CDC have long posted statements
leading the public to believe that thimerosal has been removed.
You'll see on the CDC website, it still contains
statements like this, quote, fact. Thimerosal was taken
out of childhood vaccines in the US
in 2001. Children's Hospital of Philadelphia says
on its website that thimerosal quote was removed from vaccines after an
amendment to the FDA modernization act that was signed into law on November the
21st 1997. So they can't keep their lives straight. CDC says it was taken out in
2001. Children's Hospital says it was taken out in 2001. Children's Hospital says it was taken
out in 1997 after the FDA Modernization Act. Cheryl Atkinson said these claims would receive
five outrageous pinocchios from any neutral fact-checking organization. She shows a series
of screenshots from websites and vaccine labels. You can click on those, Travis.
1999, 2001, 2004, 2005, 2009, 2010, 2018, 2019, 2021, 2022, 2024.
Yeah.
You get the idea.
She's got a lot of research here that shows these websites and they're
talking on the website.
You can see that these things, she got the websites that were archived.
She said they have now changed it, but it was there showing that it had thimerosal.
They show thimerosal as an ingredient in the vaccines available to children in the
U.S., including flu shots and some tetanus shots.
In 1997, Congress asked the FDA to review the use of thimerosal in drugs and vaccines
due to the safety concerns about mercury exposure.
The following year, the agency requested detailed information from manufacturers about thymirazole in their products.
Hmm. You mean the FDA really wasn't paying any attention? No, they weren't.
As I said before, when they were starting to roll out the Trump shots and they
said we're going to put this special ingredient that's going
to reprogram your body to be a vaccine manufacturing plant,
we're going to put that in polyethylene glycol, PEG. They call it pegalated. And the people at
Children's Health Defense said, ooh, a lot of people are going to go into anaphylactic shock
that have allergies to this. That's a very, very well-known allergen that is there. And so they
contacted the FDA and they said, you understand how dangerous this is to inject people with PEG? I said, well,
we don't care. Talk to Pfizer. Of course,
Pfizer doesn't care if the FDA doesn't care. So, um, same type of thing.
They don't know about thimerosal and they don't know if it's in these products
that they're supposed to be regulating. No,
because the FDA means free to do anything if you are a pharmaceutical company. By 1999, US and European public health
institutions have begun to recognize the cumulative exposure to mercury in all vaccines. Because,
you know, we give these same vaccines four and five times to our children here in the United States
over the course of their childhood. We have 76 vaccines and many of these things is like giving it to them four times.
Many of them are given three times in the first year of their life.
So I said, well, there's a cumulative effect in the mercury. Your body doesn't break it down or really eliminate it very well.
So in 2000 the CDC brought together vaccine manufacturers
and public health officials who regulate mandate these things. They brought them together at a
meeting in Norcross, Georgia at the Simpsonwood Retreat and Conference Center. Transcripts from
that Simpsonwood meeting that were obtained by Cheryl Atkinson with a FOIA
request, a Freedom of Information Act request, revealed attendees discussed the
findings on thimerosal research and it showed a link between mercury-based
thimerosal in vaccines and brain injuries including autism. During the
meeting, immunologist and pediatrician Dr. Dick
Johnston explained that mercury in the form of thimerosal, a known toxin, is used
in vaccines because it lowers the rates of bacterial and fungal contamination
during the manufacturing process. See this is the type of thing a lot of stuff
that's in our food additives are there for the manufacturing
process.
It may be there as kind of an antibiotic or it may be there to help it go through the
machine better.
Maybe it's a defoaming agent, but then it remains in the food and you eat it, right?
Well, that's great.
It makes it go through the machine better.
Well, you know, how about a little bit of motor oil with your bread or something?
I mean, that's basically what we're talking
about here. Anyway, they said during the meeting, Dr. Dick Johnson said that. He said, well,
it's used in the manufacturing process. But he said there was, quote, scant data, unquote,
on the safety of injecting babies with multiple metals through vaccination. Atkinson says,
well, this is in spite of the fact that aluminum and mercury are often simultaneously
administered to infants both at the same injection site and at different sites.
So what's the deal with that?
We don't have much date on it.
Aren't you supposed to have them show that it is safe and effective before they put it out there.
And of course, with vaccines, they skip the effective part, the efficacy part, because
they say, well, we can't directly expose anybody to a particular disease.
So if we're vaccinating them for X, we can't expose them to X.
Instead, what we will do is we'll have the people who get the vaccine and the control
group and we will give it to them, just let let them circulate and we'll see over the number of years how many people
in each group got the vaccine and that's how we will determine whether it's
effective or not. They're not challenging people with that disease so they don't
know if it's effective or not and when it comes to safety you realize that in
all these cases they're using a real vaccine for the control group.
They're not injecting them with a placebo that is water.
They're injecting them, for example, with COVID. Why'd they do?
They injected the control group with a meningitis vaccine. And they said, well, we don't have any more, you know, not noticeable number of difference
and adverse effects with COVID than we do with the people we give the meningitis vaccine
to, except they call it a placebo and it's not a placebo.
They've been doing this with all of them for a very long time.
But when you look at this, we have known for a very, very, very long time that aluminum and mercury were causing autism, causing neurological
damage, brain damage, brain injuries and things like that. Which again is why my jaw dropped
when I saw Alex Jones telling people, Trump shot. It's good. It's basically going to be dead or killed or something like that, you know.
And it's just going to be basically sugar water with a little bit of mercury or aluminum
in it. Like, what are you talking about, Alex? For 20 years, he told people the truth about
aluminum and mercury, and then for the COVID takeover, he flipped and he told him a lie that he knew because
he'd talked about it for 20 years.
Yeah, Alex Jones woke me up.
Well he put you to sleep again then too, didn't he?
So researchers found possible associations between thimerosal containing vaccines, mercury,
given to healthy babies before the age of six months and tics, you know,
nervous disorders, attention deficit disorder, speech and language disorders.
It was further worrisome that an association between brain disorders and
thimerosal showed up in the limited sample of children mostly age six and
younger, since that's typically too young to be diagnosed
with ADD and autism," said Cheryl Atkinson.
�Those disorders are typically diagnosed from ages 6 to 12, but hey, with our vaccines
we can make it happen with toddlers and infants.�
Many doctors at the meeting expressed concern.
One famously said that he knew that definitive research might take some time, but in the
meantime he had a newborn grandson.
He said, I think I want that grandson to only be given if I mirror us all free vaccines.
Travis, I want my grandson to get none.
I don't trust any of these boysans and neither should you for your children, for your grandchildren.
Don't worry.
No needles for him.
Yeah. That is, I mean, and you gotta watch him like a hawk
whenever they get around some of these people
in the white coats.
It's like an insane asylum at the hospitals now.
It's a cult.
And they'll stick the kids when you're not looking,
if you are not on them like a hawk.
After the meeting, other published researchers linked autism
and thimerosal, including a 2001 report by the Institute of Medicine which found a biologically
plausible quote unquote connection between thimerosal exposure and neurodevelopmental
disorders. Cheryl Atkinson says this report sounded alarm bells with some people in the public
health since the number of recommended vaccines, thus the cumulative mercury exposure, had
exploded in the 80s and 90s.
And along with that explosion and the number of vaccines, we had an explosion in autism.
Again, you know, you look at this and going back to Rain Man, you know. They had to have a
segment in that movie that was done in the late 80s to explain to people what
autism even was. Nobody had seen anything like that. You know, you have,
Dustin Hoffman seems to be their go-to guy for doing predictive programming
and reveals. You know, it's pretty amazing.
Anyway, peanut allergies as well.
A peanut allergy epidemic spraying
from the experts' exactly wrong guidance.
This is from Zero Hedge.
And it's not just peanuts, now we're seeing milk.
Now a couple of kids have had milk.
I mentioned this over the holidays.
We had three recalls and I saw the headline.
It said that these such and such products are recalled for life-threatening ingredients.
I thought, what in the world is in these ingredients?
Well, trace amounts of milk.
Because if you have these milk allergies that can be life threatening.
And they didn't mention it, somehow milk got into these products which don't normally
contain milk.
Somehow they got contaminated with milk and it was not listed as an ingredient.
Like I said, the child, about Travis' age, she's grown up now, we knew somebody had a
milk allergy, very severe.
She could smell it in anything. It would set her off. But the peanut allergy, that is something
that was a little bit ahead of milk in terms of timing and broader. In the 1980s, peanut
allergies were almost entirely unheard of, but today the US has one of the highest peanut
allergy rates in the world.
Why would that be?
Well, we give more injections than anybody else in the world.
Disturbingly, this epidemic was precipitated by institutions that exist to promote public
health," says Zero Hedge.
And just to remind you, a report I had in the last couple of weeks, you had some doctors saying if you have some
contaminated proteins, just like we had milk, which is not bad, but if somebody's got a
milk allergy and it gets into the potato chips or whatever, then it's going to have an effect
on them.
They said that in a lot of these vaccines
There is contamination just like we're talking about the contamination with DNA. There's contamination with a lot of stuff
They got SV 40 in there. They got extra DNA They got other proteins that are in there and if you are when they inject the very young
These kids especially in the first year of life, if you are first introduced to a
food and your first introduction to that food is intravenous, you have very good
chance of developing an allergy to that. And even in this, what they're saying is
that the experts were telling you that, you know, the existence of peanut allergies,
they said, was rare.
In the mid 1990s, however, major media outlets were running attention grabbing stories about
hospitalized children, terrified patients you had the great parental peanut panic was
on.
And they told parents that to prevent their children from becoming the latest victims,
they said, there's one problem.
We didn't know what precautions, if any, parents should take,"
said a then Johns Hopkins surgeon, now FDA Commissioner Marty McCary in 2024. So what
they said was, parents should avoid feeding any peanut product to children under three
years old. Well, that is especially true if you're talking about giving something to a child intravenously,
which they do over and over and again.
And so you have to introduce this stuff early.
Now is Marty McCurry going to come out against the vaccines that are doing this?
Or is the advice just going
to be, well, you need to not give your kids peanuts at an early age? And maybe you should
also not be injecting people with contamination at an early age when their bodies can't, first
of all, handle the adjuvants that
are there. You know, whether it is heavy metal or not, what they do is they they
put in adjuvants in order to provoke a response from your immune system. And
sometimes the immune system does not come back from that provocation. So we're
going to take a break and this time I will read a comment before we go to
break. This is on kick contagion hoax says David the entire vaccine industry is corrupt. Yes.
We are part of a control studies group and have commissioned our own independent research. Dr.
Jamie Andrews is leading the studies and he is publishing on Substack. Good, good. Well, that's good. I'll need to try to find that. Jamie Andrews. That's important. Yeah, they're
free to do anything that they want. It remains to be seen whether or not any of
these people who have traded their integrity for their job position and the
Trump administration will do anything about it. It ought to be first, do no harm,
but they don't care about that at all. They don't care about the harm being done to anybody. So my
advice to anybody is first do no pharma. That's the key thing. We're gonna take a
break and we'll be right back. The You're listening to The David Knight Show.
Well, welcome back.
We were marveling last night at just a separate issue here, the fact that Netflix is going
to do the Chronicles of Narnia.
And they have decided to do a gender swap on Aslan the Lion, who is a picture of Christ.
Everything I loved in my childhood is being burned to the ground in front of my eyes.
Tolkien in Melanarnia, there you go. Of course, you would want to gender swap out Christ for
Netflix, the picture of him. And Tolkien said, I don't like allegory. Of course, his stuff was
whether or not he liked it or not, It was very allegorical to a Christian understanding
in the stories of Christ,
but a lot of analogies could be drawn.
It was just, you know, he, that was his worldview,
and it shows up in his story,
even though he's trying not to do it.
But C.S. Lewis intentionally put allegory in there,
and now Netflix is intentionally going to replace Jesus
with Meryl Streep. It just keeps getting worse, doesn't it? Well, let's talk a
little bit about what is happening with news. We have an interesting case here
with Matt Taibbi. He has filed a $10 million lawsuit against a Democrat
representative who accused him of serial sexual harassment.
This is the type of thing you would normally think that only AI would be that stupid, but
this is a Democrat Congresswoman.
Sidney Kamlager Dove is her name.
Kamlager Dove.
He is now suing her for libel. Now she is free to libel anybody
on the floor of the Congress, which is where she libeled him.
But she not only doesn't know anything about Matt Taibbi, she also doesn't know where her
immunity ends in all of this. And so afterwards she,
as Zero Hedge pointed out, was stupid enough to post these libelous
claims on social media, both on X and on blue sky.
Ty B directly noted to her, he said, no woman has ever accused me of engaging in sexual
harassment once, let alone serially.
I'll see you in court."
And the amount is going to be $10 million.
Again you got Jonathan Turley who was libeled by the chat programs that made up a sexual
harassment or something about him said that it happened when he took his
students on a field trip to Alaska and that never happened at all and I looked
my name up on GROC and it said that I had been sued by some environmental
group in Raleigh. Now what is that about? And actually that had a grain of truth in it.
There is a David Knight who was either state representative or he was in city government
in Raleigh or something and he made some statement and they did come after him, but different
David Knight. But the one about Jonathan Turley was just made up out of nowhere. He said,
A, I've never taken a group on a field trip to Alaska. I've never been there in my life. And all this stuff is completely fictional. But he said, as a lawyer, he thought
that he wasn't going to be able to win against them. So because they had, I forget now the
reason why they had some kind of immunity to slander people like that. Speaking of slandering,
we had Laura Loomer with some stuff. Pull
up that picture, Travis, because that is the essence of literal pearl clutching.
They've got a picture of Laura Loomer in a two-up. Trump on one side and Laura
Loomer on the other, and she's got a pearl necklace on and she's like, ha ha ha.
And it's, that's right there. Show that picture.
There you go.
That is classic pearl clutching, literally clutching her pearls.
Uh, and she is speaking on a microphone.
So she called for the heads to roll and a noble office meeting with Trump.
Trump took her advice the next morning.
Maybe we could get to Laura Loomer and try to talk some
sense into her about tariffs.
Maybe if she's got Trump's ear or whatever part of his anatomy, we could get to Laura Loomer and try to talk some sense into her about tariffs. Maybe if she's got Trump's ear or whatever part of his anatomy, we could maybe get her
to explain something to her.
The New York Times said, Loomer walked in the White House with a sheaf of papers which
amounted to a mass of opposition research attacking the character and loyalty of numerous
NSC officials, National Security Council, two of the people said,
and she proceeded to excoriate them in front of their boss, Michael Waltz, who was also
in the meeting.
Well, here we go.
Insufficient loyalty is the charge, I guess.
Right?
We have to fill the Trump administration has to be filled with 100% yes men. It's time for all good men to come to the aid of the party.
Yeah.
I mean, we can't have anybody there that isn't completely a yes, man.
Uh, so, uh, he acted on, um, the recommendations, apparently, uh, firing
some people, uh, times said, uh, Trump may act on this, but by the next day,
The Times said Trump may act on this, but by the next day, she was sitting with the president there and they said the meeting came after a recent string of social media
attacks by Loomer and a lot of Trump administration officials, people like Alex Wong.
I guess he told his boss they got the Wong man, but he was, I think, he was under fire
from both the tractors inside and outside
the administration for more than a week.
Trump has spoken somewhat sympathetically about Mr. Wong and some of his private conversations
with advisors.
Then on Thursday, Axios reported that the president had indeed laid off several members
of his national security team.
Not so sure if it was, it doesn't say whether or not they got the Wong Man.
The firing came a day after Lumer visited the Oval Office and pressed them to fire specific
staffers.
It's a total clown show.
If they're going to fire anybody, they need to fire the person who created those stupid
so-called tariff charts that are not tariff charts
the person who went to
Chat GPT for that formula. That's the person that needs to be fired, but you know two very smart people
Probably put that thing together. So again disloyalty
So Loomer said I woke up this morning to learn that there were still people in and around the West Wing
So Loomer said, I woke up this morning to learn that there were still people in and around the West Wing
Who are leaking to the hostile left-wing media about Trump's confidential and private meetings in the Oval Office?
Hmm. Well, okay. So now there she's got to get the people who talked about what she did
And so, um, you've also got economic staff, however, that are leaking on us and telling us that
it's raining when it comes to the tariff.
Thanks.
The, again, the TikTok deal, they have moved that deadline.
Maxine Waters alleges that Trump wants to replace the US dollar with his stablecoin.
You know, occasionally she can get things kind of right.
Not completely.
Listen to her take on this.
Maxine Waters, ranking member of the U.S. House Financial Services Committee, said that
the launch of stablecoin by a family-backed company is really what Trump is after, and
she's angry about that.
Now, she's not angry if we have a CBDC or if we have a stablecoin.
She's only angry about the fact that Trump might make
money off of this.
You know, they can put you into a surveillance state and she doesn't have a problem with
that.
It's just who's getting paid and it isn't her.
With the stablecoin bill, she said, this committee is setting an unacceptable and dangerous precedent
validating the president and his insider's efforts to write the rules of the road that will enrich themselves at the expense of everyone
else.
The issue is that we're creating a surveillance control state with this.
She doesn't care about that.
So Trump likely wants the entire government to use stable coins from payments made by
HUD to Social Security to paying taxes.
And which coin do you think Trump would
replace the dollar with? His own of course. Well she didn't have a problem
with using the stable coin for the police state again. So she said there's
no effort to block the president from owning his stable coin business. I will
never be able to agree on supporting this bill and I would ask that other
members not be enablers but she's okay as long as Trump's not making any money. So again yeah we can we can do
that if you want to do that. Sure. On Kik, Amos Soma, thank you very much for
subscribing on Kik and again we're talking about Kik because Rockfin is
about to go away. We have a good community that's there at Rockfin and
always enjoyed being there it's just that they have it's impossible to get the money out that is there and
most of the people on Rockfin have already moved over to kick and they seem
to be really enjoying it the interface is really clean and smooth everything
works well they've got some fun emojis that people seem to be enjoying so
that's good many reasons to move over to kick that's not just that you can
support the show by watching and even subscribing over there, but you know, just to hang out with the people you know
and have some fun.
Yeah, we did the Rockfan thing and have done it for a number of years. And we had a really
good community there. But it was always very expensive to get money out of there because
they would take your dollars and put them into their own cryptocurrency.
We would have to then, which was constantly fluctuating in value, and then we would have
to try to time that and get it out and try to get that into, you couldn't directly transfer
that back into dollars.
You had to transfer it into Ethereum and then from Ethereum into dollars.
And so it's a very expensive process when you look at it.
And Contagion Hoax has just subscribed on Kik. Thank you very expensive process when you look at it. And-
And Contagion Hoax has just subscribed on Kik.
Thank you very much, Contagion Hoax.
Yeah, thank you.
And then what happened is the market
for that crypto coin they had dried up.
So we've got like $800 that are in there.
And if we were to try to convert that
to out of their cryptocurrency
would get $4 for it,
which wouldn't even cover the fees that are there.
So it's a bad situation, but we're gonna shut it down
because I don't wanna see people continuing
to pour money into that that we can't get out.
I mean, that's just not right.
So that's why we're moving over to Kik.
And on the other flip side of the coin,
Kik has some of the lowest fees around.
That is true.
And I also just want to let people know,
we are only two away from the individual subscriber goal.
So if we get two more people to subscribe
before the end of the show, we will admit it.
But we have 30 days to complete that goal.
We really do appreciate everyone that's subscribed
and everyone that has gifted subs.
We loved the road, gifted 10 this morning,
which is just fantastic.
Thank you all so much.
That's great.
Thank you.
Thank you.
He's been a great friend.
And again, it is ramped up very quickly.
So we expect that to happen.
And we will continue to be on Rumble
and we have a good community there as well.
We don't want to see that go away.
The Supreme Court upheld Biden's rule
on so-called ghost guns.
So we will talk about that later, but we just had our guest who is ready to join us, and
I want to talk to him about a variety of issues.
He's coming from the Mises Institute.
He's a fellow there on economics, and so we're going to talk about some of the economic issues,
and we're also going to talk about his children's books because we have to pass on our knowledge and our love of liberty and freedom to our children
or we're going to lose it ourselves.
So we're going to take a quick break and we're going to be joined by our guest, Jonathan
Newman from the Mises Institute. We'll take a quick break and we'll be right back. So You are listening to The David Knight Show.
Well joining us now is Dr. Jonathan Newman.
He is a Henry Hezlitt research fellow at the Mises Institute.
He's earned his PhD at Auburn University while he was a research fellow at the Mises Institute. He's earned his PhD at
Auburn University while he was a research fellow at the Mises Institute.
He's got a couple of children's books on economics, you know, a way to make the
dismal science less dismal, make it accessible to children. The Broken
Window and Ludwig the Builder. So we're gonna talk to him about that, but I want
to begin by talking about tariffs, stagflation, and things like that.
Thank you for joining us, Dr. Newman.
Hey, thanks for having me on.
It's good to have you.
Let's talk a little bit about the tariffs.
A lot of people are talking about stagflation.
Are we seeing signs of stagflation starting to raise its head in the U.S. economy?
Is it stagflation?
Is it a recession?
Tell us a little bit about stagflation and what you think about how the economy
is reacting to the Trump tariffs. Sure, so stagflation is certainly possible.
It's a rare sort of thing. Usually what happens is the Federal Reserve will
print money and this will stimulate business activity, it will get the
employment numbers up,
makes it easier for the government to borrow and spend.
And usually that's their reaction to a recession
or an impending recession.
So usually what happens is they print the money
and that causes prices to rise
and for business activity to increase,
at least in the short run.
Of course, anybody who's familiar
with Austrian business cycle will know that this
will eventually turn into a bust.
Eventually, all of the new projects that are started
while interest rates are artificially low,
they can't be completed because the real savings aren't there.
And so we get a recession.
But usually what happens is we have price inflation
and output and employment moving together.
Or during a recession, we'll have some price deflation
at the same time we have declining business activity
or a recession.
And that's why a stagflation is so rare.
We did have pretty much a whole decade of stagflation
during the 1970s, and it's certainly possible
that it could happen this year or in the next couple years.
And what happens in a stagflation- I remember it well. Yeah, yeah. I'm about to remember that, yeah. It's certainly possible that it could happen this year or in the next couple of years.
And what happens in the stagflation-
I remember it well.
I'm about to remember that, yeah.
What happens in the stagflation is when we have price inflation at the same time we have
declining output.
So we have a real recession, but we also have increasing prices.
One thing that I want everybody to understand is that while tariffs and the uncertainty
surrounding them could cause that sort of event to occur at a particular time, that's
not the real underlying cause of it.
It's more of like a triggering sort of event that could cause entrepreneurs to re-evaluate
their plans and start to liquidate, start to decrease output.
But the real cause of a stagflation is simply bad monetary policy, bad fiscal policy.
The real cause of a stagflation is government overspending, government overregulation, the
things that the government does to decrease output.
And at the same time, they're printing money.
At the same time, they're contributing to the price inflation. And so that's, if and when we do see stagflation,
we should attribute it to bad monetary and fiscal policy
and not, back in the 70s, the scapegoat was the oil crisis.
And I'm sure, especially people on the left today
would come up with some other scapegoat,
like Trump's tariffs as the real underlying cause of the stagflation. Like I
said, it could be sort of a triggering factor, but it's the
real underlying cause is just bad monetary policy.
Oh, yeah. Yeah. If we're in a bad, and that's why, you know, I
look at this and I say we, we has met the enemy and he is us
or the US, I should say, the US government, right, has created a
lot of trigger, you know,
a shaky economy that's just waiting for the right trigger. I was talking earlier in the program,
Charles Hughes-Smith said that this is kind of like an earthquake. You know,
whether the earthquake was a terrorist or whether it was a long sustained policy of a lot of other
people, people don't realize the infrastructure damage and the things that
you can't see, just like with an earthquake. And it's going to take a while for things
to surface. As they start to surface, people look for a trigger like the oil issue or the
tariffs issue. But I think it really comes back to the debt, to the interest rates. And
I think a big part of this that is as important as the tariffs are, I think a big part
of this is just the uncertainty that's been there because we've seen vacillation for two months
about this and we've got a lot of people, whether they're shippers or whether they are automobile
companies in Germany or other places, just said we're just going to stop right now. We're going
to take a 30-day to a 45-day hiatus and we're not going to do anything at all and wait and see what happens.
That in and of itself can create kind of a stagnant economy, even though we've got inflation,
and they don't want to address the root causes of inflation, do they?
Oh, you're exactly right.
There's really no incentive on the part of politicians and bureaucrats to address the real underlying causes.
Of course, the incentives of a politician is to increase government spending and decrease taxes.
Of course, I'm all in favor of decreasing taxes, but if you're increasing spending at the same time,
it just means that the taxes are going to show up in other ways. It's going to show up in the form of higher prices.
It's going to show up in the form of It's going to show up in the form of higher prices. It's going to show up in the form of wasted resources
going to government programs, government projects.
But that's really the allure of government money printing
is that they're able to have the government shower us
with all of these goods and services
that the government provides.
And at the same time,
the tax bill doesn't fully reflect that.
Since taxes are so unpopular, it's very easy for the government to resort to the printing
press to finance its activities.
But I mean, we pay for it either way.
We pay for it in the form of higher prices.
We pay for it in the form of financial crises and business cycles instead.
Yeah, yeah.
So what do you think is going to happen with this?
I think that a large part of think is going to happen with this?
I think that a large part of this
is just to distract people's attention from the massive debt,
from these other things that have been done in terms
of massive stimulus and quantitative easing
and printing of money and all the rest of this stuff.
It's kind of a backdoor tax increase.
It's kind of interesting to see conservatives now cheering
taxes as if it was some kind of an engine of creation. You know, tariffs are just another tax. I don't think
they're as bad as the income tax if we're going to have a tax, and I've said that for a long time,
but always when people talk about changing the tax system, they were very wary about keeping the
income tax and adding an additional tax, which appears to me to be what's going to happen if
he says he's going to keep the tax cuts permanent. That means he's going to keep
the tax permanent as well. What do you think about this? I mean, the tariffs are just another
tax and yet you have so many people who see this as an engine of creation now.
Yeah, you're exactly right. Tariffs are a tax. Economics itself got, well, it was born as a rejection of old classical mercantilism
and protectionist ideas.
So you go back to writers like Adam Smith and Richard Cantillon, they were writing in
the 1700s, explaining that the government is not going to be able to achieve the ends
that it's seeking by implementing tariffs.
So it's actually, it's no benefit to the domestic
economy to impose these tariffs. It makes things more costly, makes things more expensive,
and it disrupts the global division of labor that we've developed over the centuries. And
so there's really, a lot of times people will point to trade deficits, which is really a
terrible term because it has this, it has the word deficit in it.
And so people sort of equate it with a budget deficit.
And of course, it's terrible for the government to be in a budget deficit.
And I agree with that.
It's bad for households to be in a deficit as well because it means that they're overspending.
But that it doesn't apply to a trade deficit.
It's really a really, it's a bad term, in my opinion.
What a trade deficit shows is that there's money flowing
in one direction and goods flowing the other direction.
And so if you just think about it from your own
personal perspective, think about your own household
and the relationship that you have
with your local grocery store.
There's money going in one direction
and goods going in the other direction.
Every household has a giant trade deficit with their local grocery store, and there's
nothing unsustainable about that.
There's nothing bad or unfair about that.
It's simply the grocery stores providing goods that households want, and households
are paying for those goods with their money.
And so there's this trade deficit that happens all the time with every single household
and all the shopping that they do.
And then of course there's trade surpluses
that we have individually with our employers.
So if you think about there's money going
from your employer to the household,
and that's a trade deficit from the employer's perspective,
but a trade surplus from the worker's perspective.
And so if we just think about it from that
individual perspective, people might think, oh, it might work at that level, but it doesn't
work at the international level. But it absolutely does. Just think about how land around the
world is especially suited to produce different things. So here in the United States, we're
good at producing corn. We've
got workers that are very good at designing software and designing airplanes, producing
airplanes, very good at providing health care and education. People come from all over the
world to get educated here in the United States, or get health care here in the United States.
And yet other countries are good at producing other things. And so like we might get semiconductors
from somewhere else.
We get tequila from Mexico, for example.
So each country has its own sort of specializations.
And this is going to result in trade surpluses and trade
deficits that are just dependent on different productivities
and consumer preferences in the different countries.
There's no reason to disrupt this.
There's no reason to fear this.
There's no reason to think that it's unsustainable or unfair.
It's something that's been a huge benefit around the world. There's mutual
benefit to be had for everyone who's involved in this global division of labor.
I agree. And when we look at this, the thing I think is interesting is that Trump is not
really addressing even the tariffs. In the past, we've had, when government was small, tariffs could fund a small
government that fit inside the Constitution. Later on, they used tariffs to protect certain
industries. And we see in all the other countries, there's a wide range of tariffs on things. In
China, it could go from like 5% to 20% on most of the things. Well, the aggregate level was like 20 to 25% or whatever.
They had a few things that they were particularly restrictive on.
They would have 50 to 70% tariffs.
And they would go through, though, the Trump administration and cherry pick something like
Japan that has a 700% tariff on rice.
But these were about particular things that they were trying to protect for whatever reason, trying to get a monopoly on it, or they want to make sure that they produce their
own food inside their own country or something like that. Yet these tariffs are being done
on a country by country basis. And so when Trump talked about this yesterday, he's talking
about Japanese cars. And you're not buying enough American cars. It's like, well, are
the American cars being tailored for something that the Japanese people want?
You know, this isn't – he's doing this on a country-by-country basis.
He's not doing it on a product-by-product basis, and even on a product-by-product basis.
What's being ignored here is the decision of the consumer, isn't it?
Yeah, you're exactly right.
And you brought up an excellent point about how countries like to protect certain industries.
One very common argument for terrorists that I hear is the national security argument,
that if we're going to be, if it's likely that we're going to go to war and that another
country will be our enemy in this war, we don't want to be dependent on them to produce
weapons or to produce food or pharmaceuticals or other things that we need, essential things,
especially in a war time where we have these, you know, giant international conflicts.
And I understand where that argument is coming from.
And it makes sense just at face value that you're right, we don't want to be dependent
on an enemy to provide the things that we would need to fight a war.
But I think that even in this case, there are other things that we can do
to make sure that we're producing the things
that we want here domestically,
even if you grant the argument
that there's going to be this war with the other country.
And specifically the tools that I would recommend,
I'm not a fan of subsidies,
but I think that a subsidy would work better
in that regard as opposed to a tariff.
And the reason why is the subsidy is transparent.
The cost is transparent to taxpayers.
So they see exactly how much is it costing us to be prepared for war?
How much does it cost us to have this national security capability, right?
As opposed to a tariff where there are all these unintended consequences that distorts things throughout the economy
Whereas a subsidy it can be targeted we can say we want this particular industry
to
To not have to compete with foreign producers
Because we want to be able to produce this thing in the case that there's some sort of conflict
So a subsidy I think is a much better answer, a much better tool to solve that sort of problem
as opposed to relying on something as destructive as an overall trade barrier like a tariff.
I agree.
I think our competitive advantage would be freedom and liberty and low taxes.
Absolutely.
You know?
And that's the thing that bothers me so much when I look at how the conservatives and the right-wing media, the people who are supporting Trump, they basically want to prop
him up regardless of what he does.
They don't want to call him out if he's wrong about something.
And he's very wrong about the fact that our country became prosperous because of tariffs.
When we look at America in the 1800s, the size of government was minuscule.
The intrusion into our lives was minuscule.
You could start a business. You could start a manufacturing concern without being regulated to death.
Today with all the regulations, it's pretty much impossible to start a manufacturing business
or to grow it. That's the real issue. The thing that is really harming us is the heavy hand
of government. And that is – but they – again, they redirect you to a different thing.
They don't want to talk about the trade deficit and the 37 trillion dollar.
I mean the the government's budget deficit, the 37 trillion dollars.
They want you to think about a trade deficit and which is just under a trillion dollars.
OK, so they don't talk about the thing that's 40 times bigger.
But they want to misdirect you But they want to misdirect you.
And they want to misdirect you from our government to some foreign government or from our government
to corporations.
And it's always a misdirection thing that is happening.
But I think, again, when we look at it, it's the clarity that is missing for the trade
policy that is one of the most damaging things about this.
We could argue about the rates.
By the way, did you see the calculation, how they came up with those numbers on that chart?
It was parodied on Saturday Night Live and Margaret Brennan didn't really know what to
say to Lutnick about it.
But she repeated some of the talking points, but I don't think she actually saw.
Did you actually see what people worked out as a reverse engineer, the formula they came
up with for the so-called
tariff rates? Did you see that?
Yes, it was basically, it worked out to be a simple fraction of the trade deficit between
the US and the particular country divided by the imports.
Yeah.
And so I guess they're thinking is that they want to apply the right tariff to diminish or get
rid of that trade deficit.
But as I mentioned before, there's nothing to worry about trade deficits.
Trade deficits do not mean that America is losing.
It does not mean that there's something unsustainable or necessarily unfair that's going on.
And so, I mean, just the whole idea is it's preposterous.
It's been refuted thousands and thousands of times
throughout the history of economic thought.
And so it's really up to economists.
I mean, economists have been wrong about so many things.
I'll be the first, I am an economist,
I'll be the first to claim that economists have failed,
especially over the past few decades.
But it's really, it's up to the economics profession
to stand up and say, I mean, there's some good things here.
Trump is really a mixed bag.
There's some good things, decreasing the size
and scope of government through Doge,
decreasing government spending, decreasing regulation.
There's some good things there, but also, like you said,
we've got to call out the bad things when we see them.
And I definitely consider the tariffs and really any sort of trade barriers a bad thing
that we should stand up and call out.
I agree.
Yeah, I'm something of a cynic and a skeptic, so I'll believe the cuts when I see them actually
take place when they aren't overturned by court system or whatever else.
But let's talk a little bit about training the future generations because, you know,
as you point out, you've had a lot of different schools of economics and so only one could
be right and maybe none of them are right.
We look at all this stuff, it doesn't necessarily mean that because we've got a lot of them
that, that any of them are right.
But I like what you guys do at the Mises Institute, I like Austrian economics.
How do we train young economists so they don't fall into some kind of fuzzy thinking, like
modern monetary theory or something?
Well, whenever I go to a bookstore or sometimes even sort of big retailers that have a book
section, I see the children's books that they have there, and I notice that there's all
this indoctrination there, especially
a ton of woke-ism, you know, getting people, getting children to believe these, you know,
terrible ideas. And I remember a few years ago thinking, you know, we should have our own
version of that. And there are some versions of that. Like I'll definitely say that the
Tuttle Twins book series does a great job of teaching principles of liberty and economics.
say that the Tuttle Twins book series does a great job of teaching principles of liberty and economics.
But I wanted to do something else.
I wanted to show that I could also write some of these stories, especially since I have
some young children myself.
And so my main idea for training young economists, getting children to see the principles of
liberty, see the principles of sound economics.
And so I started writing these stories,
these children's stories that are easily graspable,
something that are, they're fun to read as well,
fun stories to follow along with.
And so I started off with The Broken Window
that tells Frederick Bastiat's Broken Window parable.
It was popularized by Henry Hazlitt.
And it basically just, it says that involuntary destruction
is not good.
A lot of people will say that, you know,
if something breaks and we have to replace it,
this is stimulative for the economy.
In fact, you'll even see this today,
like a hurricane will come through the Southeast
United States, and you'll see some journalists somewhere say,
you know, it's not all bad news.
This is going to be great for the economy
because people are going to have to spend a bunch of money
to repair and replace and rebuild.
But of course what they're forgetting,
including the Keynesian economists who fall for this fallacy,
what they're forgetting is the opportunity costs.
They're forgetting the fact that we had valuable resources
and repairing them, replacing them, rebuilding,
also costs us valuable resources
that could have gone to other uses.
So really it's not a stimulus to employment,
it's not a stimulus to economic growth.
It's when we have these destructive events,
there's an opportunity cost and it's bad.
And so that's the basis.
That's especially true today.
We got these people from Silicon Valley whose motto is to move fast and break things.
They want to break all the windows so that they can build it back better, you know?
And so that is a very, very important lesson for kids to understand that, you know,
breaking stuff is not necessarily a good thing.
We don't want to do that.
And we have the people who seem to be in control at this point on both sides seem like they
want to break everything that we've got.
So that's a great lesson.
So how do you flesh that out for the kids and give them an example of how that is not what we want?
We don't want broken windows.
So I use the broken window parable as it was told by Bastiat and Hazlitt.
The story goes this way.
There's a young hoodlum that throws a brick through a baker's window and a crowd gathers
to reflect on this event and think about it.
And they come to the conclusion that the broken window is actually good.
It has good positive effects.
It stimulates spending and employment because now the baker is going to have to get the
pane of glass repaired.
And so this is good for the glass business.
The people who work in the glass business, now they have extra incomes that they can
use to go buy things out and about in the economy.
So that's the conclusion that the crowd comes to. And that is the fallacy.
That is the broken window fallacy
is coming to that conclusion.
But then the economist arrives on the scene
and informs everybody, shows people that
it's actually not an increase in spending and employment.
It's actually just a redirection
of the way resources are used.
Because now the baker is not able to buy the
new pair of shoes or to get the new suit that he would like.
And so instead of having a full unbroken piece of glass and a new pair of shoes, the baker
just has to settle for the repaired piece of glass.
So the economy, this community is actually worse off.
It doesn't have as many real valuable resources than it did before.
And so the story just, it's a rhyme.
So it's very easy to read through and kids have a fun time.
There's great illustrations of the kid throwing the brick through the window.
There's also an illustration of like the broken glass over the kid throwing the brick through the window. There's also an illustration of the broken glass
over the bread and the pies at the baker.
And there's even some cool illustrations
that show the two different courses of events.
One in which the window is broken
and the counterfactual course of events
in which the window is not broken.
And then the baker is able to purchase the new pair of shoes. And so I did this to really
highlight to children that destruction is not good and it's a waste of
resources. But then later on at the end of the book I have a more detailed
explanation for it, like parents and teachers. So if somebody wants to use this in a
home school curriculum, that's what that section is for,, like parents and teachers. So if somebody wants to use this in a home school curriculum, that's what that section
is for, to really explain and help the child to see why it is that when the government
decides to spend money on something, the same thought process applies.
It's not stimulative for the government to employ a bunch of people.
So especially after the financial crisis, the government had all of these infrastructure
projects and the goal was to spin and to stimulate the economy to get us out of the recession.
But of course, if you understand the broken window fallacy, then you see actually all
of the resources that were used in those infrastructure projects come at a
cost.
It means that all of the resources that were used to make new bridges, repair roads, and
all of those sorts of things, it comes at a cost.
It's not stimulative for the economy.
It's just a misdirection or redirection of resources.
And of course, we saw that during the COVID lockdown.
I was saying the government checks were called stimulus checks.
That was great, you know, and it wasn't great that we locked everybody down. We busted a bunch of businesses. But
on the left, you see that with the green agenda. You know, they're constantly going, you can't
buy this, you can't buy that. You look at what's happening in the UK, they're telling
the people over there, you can't have a furnace anymore. You're going to have to have a heat
pump. And we've been going to not just ban your gas furnaces, which are going to put out warm
air in that cold climate and damp climate, but we are even going to rip up the gas lines
that are under the ground so that you can't build this back.
But that's great.
You look at how it's going to stimulate the economy, and that's the way that the Democrats
have sold all of this green stuff. It's all a stimulus to the economy.
We're going to create so many jobs with our electric school buses and our solar panels
and all the rest of this stuff.
We've had the broken window fallacy has been sold to us in a variety of manifestations
and twists and turns, hasn't it?
Yes, yes.
So these fallacies are alive and well, and I want to do my part to teach children about
this so that they're somewhat inoculated, so that when they grow up and become voters
and they're reading the news and they're hearing politicians spew all the nonsense that they
do, that they have the critical thinking there so that they can understand, hey, this is
not a stimulus to the economy.
This is not good for us.
This is just the government grabbing more.
This is the government deciding how resources are going to be used as opposed to private
citizens, entrepreneurs, and consumers.
So that's really the goal is that there are these good critical thinking skills that we're
teaching our children now so that later on, hopefully we're not
in the same sort of mess that we are now.
That's the key thing.
I'll give you a quick preview.
Critical thinking is the key thing.
Yeah, that's absolutely right.
Once they understand the principle, they can apply that in critical thinking when somebody
comes with whatever the agenda is, you know, the green agenda or whatever else.
I'm sorry, what were you going to say?
Oh, no, it's fine.
I was just going to give a quick preview of upcoming children's book. So you mentioned Ludwig the Builder. That one is another
story for children to help them understand business cycles. But one that's going to printers now,
should be out very soon. It's called The Magic Coin. And this is a children's book version,
a retelling of Murray Rothbard's What Has Government Done
to Our Money.
And so, What Has Government Done to Our Money is a short little book, very accessible, easy
to read.
By the way, the Mises Institute is running a promotion right now.
We're trying to give away 100,000 copies of this.
So your viewers can go to mises.org slash my money. That's M-I-S-E-S dot O-R-G slash my money to get a free copy
of that book. But in the children's book, what I do is I go through all of the steps
that Rothbard goes through in that book, where he explains the origins of money, the origins
of banking, how government took control of money and banking. And then there's a little,
there's a fun little episode in there about hyperinflation.
And so the story follows a girl
who discovers this magic coin
that takes her through all of these different episodes
in the history of money.
And the goal there is to show children
and really anyone who wants to pick up this book that
money has been co-opted by the state.
Money and banking has been monopolized by the state to our detriment.
It was originally a market institution that facilitated trade, made for the global division
of labor, made it possible, which we were talking about when we were talking about tariffs
earlier, and greatly expanded economic growth and standards of living across the world. But then governments
realized that they could take control of money and banking to their own benefit and implement
the inflation tax. If the government wants to spend more than it collects in taxes,
it can make up for part of the difference with money printing. And so I explained that in one of the episodes in that story.
And the goal is to show children that money is – all of the problems that we see in
money and banking and finance, it's not a problem that originated on the market.
It's because the government has taken control of it.
Once again, the government is the enemy in this story.
And with that in mind, what do you think of the
alleged Bitcoin reserve, which it turns out that Trump started talking about other coins besides Bitcoin?
What do you think about that and the crypto stuff and the stable coin?
We've got a couple of bills that are going through the Genius Act and others that are like that.
What are your concerns when we talk about government manipulating money supply? What are your concerns about these types of things?
Or do you have any?
I'm not a fan of the Bitcoin reserve idea. I think it's best for government to just be hands-off
Just let the market work. Let the market decide what it wants money to be
There's nothing that the government needs to do to try to monopolize that or influence that,
intervene in that area.
I can't say that Bitcoin is the money of the future,
but I can say that what we ought to do,
the future that we should shoot for,
is one in which the market decides what money is
and not the government.
What we had in ages ago, really not that long ago,
just before the 20th century,
is we had markets deciding what money was
and they settled on precious metals.
They settled on gold and silver.
And then of course you can go back to ancient history
and you can see how like the Roman Empire
debased their own silver coins
and that caused all sorts of problems.
They tried to fix it with price controls and of course that made it worse. And eventually you had
the downfall of the Roman Empire. And I think we're seeing the same sorts of things happening
today where governments have taken over money. They've debased it. They've printed too much.
There've been a few hyperinflation scenarios throughout the 20th century and even some in modern times,
if you look at Venezuela.
And so what this shows is that the government is not a good steward of money.
That money is too important for us to give to the government to take control of.
And the sort of system that we should shoot for is one in which the market decides what
money is.
Whether that's going back to gold and silver or doing something new like with cryptocurrency, sort of system that we should shoot for is one in which the market decides what money is.
Whether that's going back to gold and silver or doing something new like with cryptocurrency,
I can't decide because I'm not in charge of the market.
But I do know that the answer is let the market decide.
When you look at what is happening now, do you get a sense that our government is getting
ready to reset the financial system like another Bretton Woods and this time move us over into stable coin that is, I guess we could kind of characterize it as a tokenization of treasury
notes.
If they're going to have difficulty selling treasury notes to people, maybe they could
sell all the treasury notes to a stable coin or something like that.
I mean, to me, it seems like a tokenization of the Fed bills and bonds and things like
that.
What is your take on it about the stablecoins, the way it's being promoted, not that it's
going to be based on gold, but that it's going to be based on fiat currency and government
bonds?
What do you think about that?
I think it's inevitable.
I think you're absolutely right to see that in the future. I think that
The government has a very big incentive to maintain the current system of fiat money and central banking
Which means that if there is some sort of threat from private cryptocurrencies
The government may try to impose or will try to impose something like a central bank digital currency,
like what you're talking about. And of course, the reason why they would do that is so that
they maintain that monopoly control over money and banking. And really, that would totally,
that would be the coup de grace, that would be the last nail in the coffin of sound money.
Because even now in our current banking system, there's just this tiny sliver of a constraint
that the public has on the banking system by being able to withdraw cash from the system.
But if we get rid of cash and we go to a completely central bank managed monetary system with
a central bank digital currency, even that constraint
is gone.
And so what we'll have is we'll have even more inflation.
All privacy will be gone because of course, with the central bank digital currency, government
will be able to see everything that you're buying.
We got a taste of this during the COVID years.
You remember there was the trucker protest in Canada where they cut off their access to their own bank
accounts.
And also with the January 6 protesters, they did the same sort of thing.
It was Bank of America working with the federal government to help identify who was at the
wrong place at the wrong time, right?
And so-
It's not a conspiracy theory.
It's already been done.
It's already been put into practice.
Yeah, exactly.
Surveillance and control and restriction and taking it away.
It seems to me like this stablecoin stuff has got all the worst attributes of CBDC,
but it's got some incentives for it to be some people to make a lot of money for it.
It's kind of like I call it a public-private partnership for digital currency.
Yeah, you're exactly right.
We should fight it tooth and nail. Like I said, it would
be the death knell for sound money. I mean, we don't have sound money now, but that's really
the endpoint in terms of government control over money and banking is essential bank digital
currency. I would much rather see a future in which we go back to sound money, where we go back to
money that's chosen by the market. I agree. And that's why it's important.
The Mises Institute is important because it is nonpartisan.
And that's the key thing, because it's going to be people who like and who trust a political
party or a politician are going to step aside and let them do this to us and make excuses
for that when it happens if we are going to be partisan about it.
So again, you're non-political there, you're non-partisan, non-PC.
Tell us anything else about, of course, Austrian economics there at Auburn University, the
Mises Institute.
Tell us a little bit more about that, your fellow there at the Mises Institute.
Absolutely.
So the mission of the Mises Institute is to educate people about Austrian economics, principles
of liberty like freedom and peace.
So we're really countercultural in that sense.
And you mentioned that we're nonpartisan and that really gives us the ability to call
out people on the left and the right when they're going down the wrong road, when they're going down the road towards greater state control, greater size and scope of government. So that
allows us to be principled, allows us to be uncompromising. But the way that we teach
Austrian economics is we have student programs, really our flagship student program is called
Mises University. It's a week-long crash course in Austrian economics during
the summer where specifically undergraduate students as the target audience here to come
and learn Austrian economics from start to finish from wonderful faculty from around
the world really. We also have everything that the Mises Institute publishes is available
for free online. So you can get the PDF.
And of course, sometimes we'll give away even our printed material for free, like I did
with the, like I shared about the, what has government done to our money promotion that
we're doing.
We have academic journals as well, and we have academic conferences.
In fact, just recently we had the Austrian Economics Research Conference and the Libertarian
Scholars Conference, where scholars came from around the world to present their research on Austrian economics and
liberty and rights and justice and all of the good things that we need to be
researching and talking about and explaining to the public. So if anybody's
interested you should come check out our website Mises.org, M-I-S-E-S.org.
You'll see commentary on current events.
We have new articles coming out every single day,
multiple articles coming out every single day,
where our authors, our scholars are commenting
on what they see and giving the Austrian economic principles
behind it and telling the truth wherever we go.
Yes, and a lot of articles about history as well.
And of course, when we look at history, history that what has government done to our money?
That's very important for people to understand that because the government's got designs on our money right now as we just been talking about
They want and and we're gonna be as I'm afraid that in a couple of years
They're gonna be asking everybody's gonna be asking that question. What has government done to our money?
But it's got a long history behind it and if you understand that history, you might be able to head off some of the worst
aspects of this in the future. Tell people again how they can get that book because it
is very much something that everybody needs to know, not just the kids but especially
the kids. What has the government done to our money? How can they get that at Mises.org, M-I-S-E-S dot org slash my money, M-Y-M-O-N-E-Y.
And if you go to that link, then you'll be able to get your own free copy of what has
government done to our money.
Like I said before, it's very accessible.
It's an easy read.
You know, you see some of the books that are written by Murray Rothbard and Ludwig von Mises
and F.A. Hayek.
Some of them are quite dense.
They're thick and they're dense and difficult to go through.
But this one is very accessible, easy to read, and it's a short book.
And it makes the very strong claim, but you know, one that is backed up with evidence
and the history as well, that government
has taken over money and banking and it has not been good for all of us.
That's right. Oh yeah, that absolutely is an important message. Thank you so much, Dr.
Jonathan Newnan. Thank you very much there at the Mises Institute, and Travis has shared
that. We'll put that in the description for the video and the podcast as well.
Thank you so much for joining us.
Appreciate it.
Yeah, thank you so much for having me.
This has been a pleasure.
Thank you.
Thank you.
Folks, we've got just a couple of minutes before the show ends, and I want to thank
some of the people who have subscribed on KICK.
James Sharp, thank you very much.
Mark Young has also gifted five subscriptions to the community on Kik.
We're now one away from meeting their 10 individual sub-goal for that new platform, and so very
important for us to get over there.
On Kik, Angry Tiger says we should send those books that are aimed at children to the Keynesian
economics economists.
Maybe then they'll grasp some of the solid economic concepts.
Maybe unless they've got some vested interest in
the government, because that is a tool of government.
I don't think even if you sent it to the MMT people, the modern monetary people, I don't
think they would get it at all, not even a children's book.
That would be over their head, I think.
On Rumble, DG8, thank you very much for the tips.
It says, good morning, David and all the viewers.
Remember, put our hope and trust in the Lord.
Yes, following man always leads to disappointment.
Stay strong, vigilant, and share the gospel to this lost world.
David Laura Loomer is the queen of crypters.
She learned to heal when the Trump cult got behind Musk.
Trump and Vivek promoted the H1 visa program.
I remember that spaces that they had where they're talking about that.
She spoke, got censored, then healed to Musk as well.
Yeah, just she is Malio.
She wants access to power, which is really sad.
You know, you talk about people who are so fixated on that.
I remember when she got kicked off of one of the social media platforms
or something, she chained herself and she was desperate. I mean, it was really heartfelt
the desperation. It's sad to see people putting so much into that on Rumble. Sam Miller123,
thank you very much for the tip. I appreciate that. He says wise words from DG8 this morning.
Everybody wish him a happy birthday. Well, happy birthday, DG8!
Didn't know that was your birthday, but we have a great community and they know each other very well. It's great to see that happening. Hopefully we can get the people who are on Rockfan over to Have a good day.
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